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<br /> , �t8-t998 DEED OF TRlIST ��� Page 5 •
<br /> . `. . Loan No 65'7478 (ConUnued) . ��3���+4 . : . '.
<br /> ' � TtUST@8 Of L9naer snau�e e�'�.w t �
<br /> .. poss�si0n ot the Propetly or the�ctleCfioT�,reCeiPS and ayplicetion ot renis, ssu�ot Oto�ts, �
<br /> . exgr�[5e every rtgnf proNded tor fn thA Note or U�e Related Documents or by taw upon the oxurrenoe of any evenf of detaeilt.+nctu�ng tre . ,
<br /> right to�the Dawer at sate: :
<br /> .' (p) Commenog en 8ctioe t0 toreCtose this Deed ot Trust es a mart9age,epDoint a teeefver or SPadficailY entoroe any of the covenants ,
<br /> • hereok and ,
<br /> (c) DeIIVar to Tnstes a written dedare�on ot detaNt and demand tor sate and e written noSee of deta�dt and etedlon to cause tnuiors
<br /> in�cest in the PropertY to be satd.whieh notlee Tn50ea shsl!eause to be didy fiied tor record in the apPmpriaie oflices ot the Caurtry In ,
<br /> whtch the Rrope�tY Is toCBted:and
<br /> ` i (d? W��A�to aU or anY P�af the Pe�sortal Property.Lender shaii�ave flO the dSh15 and remedies af a secured paAS►under the ,.
<br /> � Nehraska Unitortn Commeraa�Coda
<br /> ` � �p��'�Pa�x�r O!Sffie. If Lender eleda to faretlese by exercfse of the Power of Sa19 herein contained.Lender shall rsotity Tn�stee and .
<br /> � j shatl deposit with Trustes this Oeed ot Trust and ths Nots and such ceoeipts and evldenoe of e�endiwres made and secured by this Qead ot ------
<br /> � Trust as Trustee maY cBQW�e• �
<br /> � (a) Upon reoeipt of such notice itom Lender,Trustee shaU cause to Oe�ecarded.pt�blished 8nd delivered t0 TruStGt sueh lVOtiCe ot DetBUlt '�
<br /> � and Nolfce of Sale as then requUed by taw anA by thls Deed of TttuL Tnntee shaC►,witAout demand on Tnistar.efter Sueh dme es m8y � .
<br /> � trten be requued by law end ePoer recordatlan of such Nobce o}OetauU and siter Notice af Sale having bean glven as re4u�d by 18w.5e0 ,
<br /> i the Property a1 the time and pface of Sete faed by it in Such Notice oi Sate,either as a whate,or in seperate to15 or paaoeLs o►it�as ,. ,. � - ��
<br /> � ' tniste0 sha�!deem e�edier�t.and in such order as it may deEermine,at pubtic auctlon to tt�e hfghest biddet tor Cash in tawiW money af
<br /> the Uniffid Slates pa7lable at the Uma ot Sale. Tnu.+ee ShaU defrver to SucA Purchaser or purchasers thereof its good 8nd suffu�atd deed ar . . �'
<br /> • deeds eonveying the propertY so sotd,bnt withoul any covenant or wartanty.mcP�ess or imP�ed. The rea�ats in sueA deed ot arry mabe�s , . .
<br /> ' or f a c l s s h a l l b e c o n G u s rv e p ro o f o t t h e tr u t h f u t n e s s t h e r e ot An y parso0.induding wfthout Omftation Twtar.Trustee.or L.ender.rtsaY �-„.
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<br /> - � , p�acnase at sucn sale. C`<
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<br /> , (b) 0.s may Oe P�tted by taw,after deducting all costs,feas and expenses of Truste9 end cf this Ttust,induding costs of eviQe�ce of ,-�;�:
<br /> � , � � fiUe ln connedion with sale,Trustee stiail8ppry the proceeds o1 sate t�payment of (i)e0 sums expenQed under the temis at this Oeed ot ' .`�,_
<br /> Trusl or under the tertns of the Note nat then repaid,induding bul nat Gmited to axrued interest and tate charges. G�eli other surr�then �> � ,
<br /> � secured RerebY.and {�)the remeinder.it anY.b the Person or persar�51e9ai►Y entitfed ihereto. ,�:�c:"
<br /> (c)Trustee may in Me manner provided by taw postpone sate of su or any partton of trte Property. � , r,•_
<br /> ' Rgme�s[�lot pcauslve, Trustee and lender.and each ot them,shaB Oe en�fued to entorce payment and pertormance at any indebOsdnass � . �. ;.�•:.
<br /> ,' ' or obiigetlotts secured by MIS 08Bd of Tru,t 8nd t0 exetCise eU dght5 et►0 pOweiS unQer tNis OBed of Ttu51..undet thB Note,un6er any of tAa c.,,�
<br /> � Reiated Docume�fis.ar under arry other agreement or any laws now or hereafter in force:nahvithstanding,some or ap of such�nQeb6edrtess ��� `-.'-�.!sx.;
<br /> - a�d obqgaUons secured by this Deed of Trust may now or hereafter be otherov�e secured.whether by moRgage,deed at trusl,pledge.Uen. , �-�a�,;;�._
<br /> � �� a5signmenl or otherwise. Nefther the acoeptence of thLs Deed of Trust nor iR5 enPorcemer►t,whether by couA ecdon or purstian!to the powet of - �
<br /> ` sele or other powets conffiined in this Dead of Trusl.sha0 preludice or in any manner affect Trustee's or Lender's dgfit to realize upon or � ti
<br /> ;`'' eniorce eny olher securil�►now or heceafter held by TnRtee or isnder,R being agreed that Tnutee and Lend�,and each of them,shaD be ' t;..�•r�:.•;
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<br /> e�tted to entorce this Oeed ot Tnut and any afher seeurity now ot hereafter heTG by Lender or TrusteB 1n such order and mannet as theY o� ;L.='�.-:
<br /> eilher of them may in thetr absolute d'�scxetlon Eetermine. No remedy conferted upon or r�erved to Trw�tee ar lender.is h�tended to b� -�- �;,,r _;
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<br /> exdustve of arry other remedy in this Oeed of 7rus1 or by taw provlded ar permitted,but each ShaU be cumutativve and sha0 be tn 8dd'it(an W .:Y. ;_
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<br /> every oiher remedy given in this Oead of Trusl ar now or hereafter extsting at taw or in equityr ar by statufa. EvOry 0��or rem9Qy 9tven by the , ,_;��
<br /> Note or any ot the Related Oocumenls to Trustee or Lender or to which either of them may be atherwise enUUed,may be exerdsed. _ ,�f.^.;;
<br /> concurtentty or mdeDendenUy,hom time to tirt:e and as often as may be deemed exped(ent by Trustee or Lendet,end either of them may ,�:•.t�3.
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<br /> pwsue inconsistem remedies. Nmning in this Oeed of Tru,t shall be construed as prohfbHing Lendet ftom soelcing e tleftdency jud9menl - .. ::�
<br /> �; agair�st the Trustor to the extent such action is permitted by law. '... ;"�;:"_
<br /> ' Reqttes!For NoUCe. Trustor,on behalt ot TruStor antl LenUer,hereby requests thal a eopy ot Eny Notice Of OeTa�ilt and a CopY of any lYodCe , :,,;,
<br /> ol Sa(e undet this Oeed oI Ttust be mailed to fhem at the addresses set foAb�n the Frsl pat89raDh ot this Oeed o!Tru51. "' _:'--
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<br /> Watver,Qeetlon o!Remedies. A waiver by any party oi a breach ot a provision of this Oeed ot Trusl shaii not constltuts a wahrer of or , -
<br /> pcejudce ihe partys rights othervvlse to demand strict comp8ance with that ptovision or arry other provision. E(ecdon by Lender to pursue anyr • � � r��,
<br /> remady provided in ihis Deed of Trus1,th9 Note,M any Retated Documenl,or provlded by taw sha0 not exdude ptn5ult of any other reme0y. •.;:,�^4:
<br /> and an etecUon to make e�enditures or to teke acUOn to peAOrm an obGgallon of Trwtor under this Oeed of Tnut after(alture at Tnutor to .,'
<br /> ;. ' peAorm shall not aHect Lenders dght to Qectare a defauN and to exerclse eny of its remedies. �:_".;.�_
<br /> � Attomeys'Fces;E=pensea It Lender insUtutes artyr sult or action to entorca any ot the temu of this Oeed ot Trust,Lendar st�au be endUed to , . . �;
<br /> recover such sum as t�e couA may adjudge reasonabte as attomeys tees at trial and on any eppeat. 1Nhether or nol any caurl acHOn is '-..::�;._
<br /> involved.all reasonabte e�ens�Incurred by Lender whieh in Lenders oplNon are neoassary at any Ume for the protecUon ot ib interest ot the .. , -
<br /> � � entorcemeM of(ts dghts sha►1 become e paA ot the InQebtedness payabie on demand and shau dear interest et the Note rate hom!he date of � . ;�v
<br /> expenditure untli reD�d. Expenses covered by tt�is paragraph indude,wit�out tlmttarion,however Sub1eC1 to sny OmHs under BpyUcablo ISw. , � �_
<br /> Lenders attomeys'fees whether or not there is a Iawsuii.inctuding attomeys�ees tor bankruptcy procee0ings pnciuding ettaAs to modity or . . _..,
<br /> � � vacate any autamatic StaY or in 1un c Uon),appe a l s a n d a n y anU C i pated post aud gment collection servfces. the cost of searclUng records, ... .
<br /> ;;'� obffiining tlUe reports pncluding toreclosure reports),survoYors'rePc►ts.aPP►a�ai fees�tiUe insurance,and(ees tor t�e Trustee,to Ihe extent :. ,_.
<br /> ;x� , permiltted by appiicable law.Trustar atso wi(I pay anY couA cosb,in additl�n fo ell othgr sums provided by Iaw. ,
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<br /> �f� � � Rlghte o!Tnietee. Tnistee shall have at1 o11he nghts end duUes of Lender as sel toAh in this Section. � . •
<br /> '�c POWERS AND O�LtQATIONS OF TRUSTEE. The foilowing provtstons re18Ung to the powers and ob+igaUOns ot Trustea are paA of thls QeeA ot .
<br /> Trus1.
<br /> Rowete of 1'NStee. In add�lon to ell powers ot Trustee arising es a matte►of law.Trustee shatl have the power to take the fottowing actlons . _ _
<br /> � witA respect to tha PropeRy upon the written request of Lender and Ttustor. (a)join In preparing and fiitng a map or plat of t�e Real Ptoperty. �
<br /> Induding the dedicaUon of streets or other rights to the pubiic; (b)join In gr8nting any easement or cresUng any resMcllon on tA9 Rael Property:
<br /> �� and (C)join in any suborOinaUOn or ather agreemaM attecUng ihis Deed of Trust or ihe interest of Lender under thl9 Oeed of TrusA ,
<br /> Tntstee. Trustee shall meet aIl quahAcet�o�s required tor Trustee under 8pplic8ble Iaw. In addiUon to the dghts and remedies Set toAh ebov0. ,
<br /> with respect to atl or any paA of the Property,the Trustee shall have lhe rlght to toreclose by nouce and sate,and Lender shall have the rtght to . .
<br /> toreclose by Judlclal foreClosure.in either Case In accordenCe with and to the fu0 extent pravide0 by appilcabie taw.
<br /> •., . ' S�en rexecut d and acknow edged byplender end�reCardAd le fi o�fl��,e ot the r�deTO15tHALL Ccuntyr.N braske.nT ehnstrumaM shatl ' ..
<br /> � contain,�n addiUOn to all olher matters required by slate law,the names of the onglnal Lende►.Trustee,and Trustor,tfie book and paga(or
<br /> `� eomputer system reterence)where thls Oeed ot Trust is reCOrdeO,and the name and sdEress o1 the succes5or trustee,aM the Instrumenf 5ha11 .
<br /> be executed end acknnwtedged by aN the beneficiaries under the DeeO of Trust or thelr sua�ssors in interesf. The successor hustee,without
<br /> conveyance ol the Property.Shall sucxeed to all the tiUe.power,and duties conferced upon!he Trustae in this Oeed o1 Trust and by applicabie
<br /> ; taw. This prooedure tar substituUon of Uustee s�a�!govern to the exctuston o1 all othet prowsions for SubsUtWon.
<br /> '' NOTICES TO TRUSTOA AND OTHER PARTIES. Any noUee under thls Deed ot Trust shail be in writing,may be 58M by teleTacsimile(unt0ss •
<br /> � othenxise required by Iaw),and shall be eHeciive when actuaily deiivered.or when deposlted with e naUOnally reeognized overnight couder,or,ft .
<br /> mailed,shall be deemed eNective when depasited In the Uni4ed States mail flrst ctass,ceNfled or registered meil,postage prepaid,ditected to the
<br /> ' addresses shown near the beginning ot this beed o}Trust. Any party may Change its 8ddress for noUCeS under this Oeed ot Trust hy giWng tormal t
<br /> ' ! written noUCe to the otner parUes,speclMng tAat the purpose of the noUCe is to change the partys address. All copies of noUces of toreciosure hom
<br /> ` k ihe holder o!any Ilen which has pdority over thls Deed of Trust shall be sent to Lender's addtess.as shown ne9r the GEglnning o}thlS Daed of Trust. �
<br /> •} F o r n o l l c e p u r p o s e s,T t u S t Or a grees to kee p Lender and Trustee informed 81 all llmes of Ttustors current address. .
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<br /> MiSCEL1ANNE0US Pii0ViS10N8. The totlowing misCeilaneous provisions 8re e paA ot this Oeed ol Trust: � '
<br /> Amendmenta This Deed of Trust,together wuh eny Related Oocumants,ConsUtutes the entire understanding and agreement of the O�A9 as ,
<br /> ,� to the matters 581 toAh in thls Deed of Ttust. No alter8tian o}or amendment t0 this 4eod ol Trust shall be eHecUve unle55 given in waLng end
<br /> � signed by the Da►N or paAtes sougM to be charged or bound by the a8eration or amendment.
<br /> • Appilcabte Lav�. TAIS Oeed o1 Trust has been detivered to LenQer and aceepted Dy Lender In the State of Nebraska. Th►s OeeA of Tnist
<br /> -- shel!be�emed by and eonstrued In aceordnnce with the luws of tAe Stete of Nebrosico. , v
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