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<br /> ' • �� ' (g} Any tailure on the part of the Trustor to meat the repayment terms in�espect to the Loan Agteement a�d anY • c. ,�.',
<br /> � . ;:, �., other advances under this Dead of Trust heteby secured; a�, :
<br /> � `� (C� Any action by the Trustor prohibited by the terms of the Loan Agreement or Lhis Dead of Truat or any failure of ` ;
<br /> -, ,t ' 4�" the Trustor to act as�°on the Bene�ciary'sr securitp fori the 1 ne o}rc edi�establ shed nd thahrights ofiti�e ��'� ( ,
<br />� - . have ap adverse aff .,
<br /> : , . Beneficiary in such security. . . '
<br /> --- " - a�sd upon the ttaPAen��9 of any such event of default,BBnef"idary may dedare aU sums sscurad hereby immediaYely _�° � -`�
<br /> -�,` due and payable by deliver to Trustee of written declaratton ot dafautt. Yhe Trustee shatt have tha pawer af sale of . _,_
<br /> `� � the Property,and if Beneficiary desires the Property to be so1Q,it shaii deposit with Trustee this Deed of Trusi and atl � ��`�� ;�.
<br /> ` �j promissory notes and documents evidencia�g expenditures secured hereby and shall detiver to Trustee a written notice , f.
<br /> . � � � of defat�it and etection to ceuse the Ptoperty to ba sotd,and tho Trustee in tum sha0 prepare a notice in the form� . G
<br /> required by law,which shatl be dutY filed for record by Truatea. � s
<br /> (A!Aiter the taAse'of.sucfi ttme es may be required by taw foilowfig the recordatia�of said notice of defauit. and ` ` ..
<br /> ��• � Ratice tff tle{ault;�nid;not�ce Qf sate having been given as required by law.7rustee,without demand on Trustor. _ ,_^.':ti�'� �__
<br /> ' ghaR sall tt��E�rQPerty AA�date and at the time and place destgnated in said notice oi sale,at pubiic auctton to .
<br /> the highest bidder,the purchase pdce payable in lavuful money of the United States et the time of sale. The : �I~ :.
<br /> • _�.:•_�
<br /> � persan conducting the sa le may, tor a n y cause he daems expedient,postpone the sate from time to time untii it - _
<br /> • w '� shatl be compteted and,in every•such case,rtotice of postponemeM shatl be given by public declaretion thereo�
<br /> ' by such person at the time and placa last appointed for the saIe,provtsted,if the safe is postponed for longer than
<br /> oneli)day beyond the day designeted in the notice of sate,aotica thereof shail be given in the same manner as __
<br /> k ���•' the original notice ot sate. Trustee sheil execute and defiver to the purchaser its Deed canvaying the Property so -E�-,�-.
<br /> � � � � sotd,but wtthout andy covenant or wananty, express or imptied. The�ecitats in the deed of eny matters ot aMS ;: � 1,_�
<br /> � � shatl be conclusive proof of the truthfulness thereof. Any person,including Beneficiary,may purcRase ai the sale. �� ' '�-�;,�_
<br /> (61 When T�ustee sei�s pursuant to the powars herein,the Trustee shalt appty the procee�s of the sate to payment �.: �
<br /> of the costs and expenses of exercising the power of sale and of the sale,including the paymerrt of the Trustee's ,<:��:��_
<br /> -• • � •' <��• fees actuaity incuRe�,which Trustee's fees sfiatl not in the aggregate excead the following emount based upon _::,r,.�.,:i:�.�
<br /> the amount secured hereby and remaining unpaid;5 percerrtum on the fi�st 51.000 tiiereof, 1 psrcerttum on the ° �•�.::�;�°,��
<br /> ' balance thereof and than to the items in subparagraph tC)in the order tttere steted. , �'�.�." � ::•'.��`'"s�
<br /> � !C)After paying the items specified in subparagraph l8)if the sale ts by Trustee, or the proper court end other costs .����:
<br /> �1 , of forectosure&nd sate if the sale is pursuant to judicial foreclosure,the proceeds of sale shall be apptied in the order , ,��
<br /> �"'�� .' stated to the C�vment of: � t���
<br /> � ' (I) Cost of any evidence of title procured in connection with such sale an0 af any�avenue stamps: � s�_
<br /> � (lll Aii sums the secured hereby: .� '�•�-�-
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<br /> pil) The�emairz�r,if any,to the person legally entttted thereto.
<br /> � 93. DutE�sand Obltgattons of Ttustees. (af The dutie�and obligations of trustee shafl be determined solely by �� . ����
<br /> � the express�visions of this Deed of Srust,and Trustee shatl not be liabte excepi for the performance of such duties +'; '::.;.�,;�,��.
<br /> � � "-�. and ohliga*nns as are spect�calt y set forth herein,and no implied covenants or obligattons shall be imposed e�on - _
<br /> Tnastee;(b) No provisions of this Oeed ot Trust sha11 requi�e Trustee to ex�and or risk its own tunds,or oiherwise ���_,
<br /> insur any financiat obltgation in the pefiormance of any of i4s dutles hereursder,or in the exercise ot any ot its�Ights �. � - �
<br /> � or power,if it shail have grou�ds tor believing that the repayment of such funds ar adequate indemr.ity against suah �.` ';.:. j���:
<br /> � � risk or liability is not reasonably assured io it;(c) Trustee may conault with counsel of its eawn chaosing and the 2dvtce � '_-
<br /> }`• � ot such counsel shall be tull and comp,ete suthorizatfon and protectton in the respect of atry action taken or suff¢red ;��'',�.
<br /> ' by it hereunde►in good faith and relience thereon;(dl Trustee shall not be tiabte for any action taken by it in gaod taith �
<br /> . � ' � and reasonably betieved by it to be suthorized or wiihin the discretion cr r�ghts and pawers conierred upor►it by this -::_��_.
<br /> � Oeed of T�ust. . -- '�•
<br /> ' ' 14. Addittontil Security Instrumente. Trustor,et its experese, witi execute and deliver to the Trustee, promptiy
<br /> `:. �.
<br /> t . �pon demand,such security instrumenis as may be required by 4�ustee,in form and substance satisfactory Lo Trustea. •
<br /> �` � covering any of the Property conveyed by this Oeed of Trust,whicb security insuuments shall be additional security : -:,�.
<br /> :;�,;.
<br /> `"_�-�` for Trustor's laithful pe�formance of all of the terms, covenants and conditio�s of this Deed of Trust, the toan •
<br /> �""'��� . � Agreemem,any promissory notes secured hereby and any other securlty instruments executed in connection with this
<br /> � • � transaetion. Sucfi instruments shall be recorded or filed. and re-recorded and reflted,ai Trustor's expense.
<br /> �"�" ' ' 15. Miscellaneous. ' .
<br /> � � (A1 In the event any one or more of the provlsions contained in the Qeed of T�ust,or the Loan Agreament or arry . . .
<br /> �,''; � ' . promissory note,or any other security instrument given in connection with thts transaction,shall tor any reason � .
<br /> ' to be held to be invafid,iltegel or unentorceable in any �espect,such invalidity,itlegaUty or unenforceabllity shaD,
<br /> at the option of Benefisiary, not eftect any other provision of this Deed of Trust,that thls Deed of Trust ahal!be . , „ .
<br /> c o n s t r u e d as if such invatid,iltegal or unenforceable provision had ne�er been contalned herein ot therein. �� � �
<br /> (B) Thia Oeed of Trust shell be canstrued according to the laws of the Stete of Nebraska. •
<br /> (C) the Deed of Trust shail insure to and bind the heirs,tegatees,devisees,administraiors,executors,successora artd
<br /> � ', i essigns ot the paRies hereto. ' • :
<br /> (D) Trustor shall pay all taxes levled upon this Deed of Trust or the debt secured hereby,together with any other taxea
<br /> ; ' � i or assessments which may be tevied agalnst the Trustee or Be�eficiary or tho legal holder of the Loan Agreement .
<br /> � i on account of the indebtedness evidence thereby.
<br /> '• � � IE1 Whenever used herein,the singular number shail include the plural,the ptural,the singular,the use of eny gender .
<br /> � • shall be applicablo to all genders,and the term °Beneficiary"shatl inctude any payee of the indebtednesa hereby .
<br /> secured or anV transfer thereof,whether by operation of law or otherwise. , ' �
<br /> � 18. Successor Trustee. Beneficiary may from time to tirtse substitute a successor or successars to any Trustee .
<br /> •- � named herein or acting hereunder to exacute this Truat Deed. Upon such eppointment and without conveyance to . •
<br /> � the successor Trustee, the latter shail be vested with all title, Rflwars and duties conferred upon any T�usiee herein .
<br /> • . � named ar a�tin�hereunder. Each such eppointment or substitution shall be made by written instrument by Beneficiary,
<br /> contalning reterence to this Deed of Trust and its place of record, which when recorded in the office of the Repistet
<br /> � j of Deeds of the county or counties in which said property's situated,sha�1 be conclusive proof of proper aapointr�ent
<br /> _ .� - -• �� of the successor Trustee. 'ii,e foreye,i��y powe;o!subsii2utioss and the prxedure therefore shall not be @xctusive ot I ;_ _ _ _
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<br /> �, . � � . g 94 4083
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