|
�.�� . .. .. .-
<br /> _ . _- - -���=—.— -- - ; , �- = T=� - =
<br /> 4 , ' . . r.�. . . ��t` .. (n ` ' ` . . . -• <. 4' -4 .
<br /> . . _ � . �� ��..-.h ' . � •L ._._a _ . -...... - y` L`r �� � .
<br /> . . Y'�,. + . _
<br /> � � � � � ' 03-10-1998 DEED O�'PRi.iS'T �� Page 5 � �..G,:� .
<br /> � Lo�n R!o 6?3673 (CoMinue� 9�° ���� � ,,�.'. '
<br /> .,
<br /> • . "�` '. • . • (a) Upcn recelpt ot sueh noHee from LonQ�TnsLea shall ceuse to be�corded.O�iLshed and de6vered ta Trustor sucA Ntrtiw o!Oefa�ft . .� ,.,�°.�
<br /> �. and Notice of Sate a�then required by taw and by th�s Oeed of TrusL TrLLStee shaD.wilhaut demans on T�star.aRer sud�Bma es rt�ay ._V�
<br /> - then be requhed by law and after reeotdaBan of sueh No6ee of Oefat�t and aRer NoUoe ot S'a[e hav(ng bean ghren as requUed by faw.se0 �', . �
<br /> . • the Royerty at the time and ptaee ot saie Taed by it tn sueh Niotice ot Sale,either as a+vAOie,ar in separata lota or paroeCa cr�as `.f' „ =Y �
<br /> � Tnutea SnaD deem expedierd.and in such order as it may determine,ef publte 8ucftan to tRe Ngh�t bidd8r tar cash tn fawM money Of ; � ;'�`
<br /> ' ' � .• ttie United States payahte st tfie time of sate.TnrsteB sha0 deGver to sueh purcdeser ar purdu�sers t�ereof its good and sutRde�d Qeed ar " '. •
<br /> � • ` deeds camiextng tha proparty so sold bui without any covenant or wartanty,e�ress or ImpQed. The redtats in such deed of eny matters , �,
<br /> -' ar facls sha0 be eortetusMe p�ooi ot the Wthfidness thsceof. Any pa�sor+.indu�ng without limltatlon Trtstw.Tnastee.ar tender.may .. ; 't •
<br /> ,� .. : ..� pwCAese at suCh set9. �. _
<br /> ` ! (b) Il�may be p�d by►ew.aft�dedueHng eD cosb,tees and e�er�ses ot Tn�tee and of thts Trust,indudlrtg cosls of evfdsnce ot �
<br /> 1 fiUa in connecdon xrith s�te.Tnatee shall ePA�Y the proceeds ot sate to paymerit o} (ij aD surttg e�eaded under thn terms of ifrl9 Oesd of ; :-t ,:.',�-
<br /> ; —��•;°�'`T_d Tiust or under fhe tanns of the Noie nat ihen repatd.h►duding but not Umited to aa�ed U�terast and late chaB�. (4)aA other sums thsn , __ .
<br />`, �, ` ,,�;:�, seaued heraby,and (i6)the remalnde,B anyr.to the person or persons le9�h esitifled thereta. - , V , -
<br /> � ` ` (c)Tnistee may in ihe manner provlQed bY�aw postpone sete o!ell ar arry portion of tAs Prop�►. ' '
<br /> � 4 '� Remedtes Not E7odustYe. Y�usOae and Lender.end each of them.sha�be eritiHed to eMorce payment and pertortnanw of arry InQebteQness r. '. . ;
<br /> • or ob6gaSOns secured by this Oeed ot Trust and W exerdse aU dghts and powers under Ws Qeed of Tust.under the Note,under anyr of the !_
<br /> , Retated Documents,or under arry olher agreemerd or arry iaws now or hereafter in toree�notwithstanding,some or a!!of such indgbteQ� , , � `".�'....
<br />- ' . and a6Ggatians secured by this Deed af Trust mey now or hereafter be otherwise sec�ued,whetAer by mortgage,deed ot trust,Rladge.8en. . � � �
<br /> � assignment or othenarise. NeiU�er the aecep�ot thts Deed of Tnist nor its enforcemeM.wAe�►:+v couri a�ion or pursusnt to U�e pawer ot , 'ti}t
<br /> -` •�� sale w olher powers conhatned in tltis Oaed ot Tnut.shaU prejudice or in arry mannar afted Trust�s or Lend�s rtgM to reaQm npon ar ;5 t �;-�,`
<br /> - e�AOSaa arry ath�sec�uily rtow or har2after hetd by Tmstee or Lender,H being agreed tha!Tnutee end Lender,end eacA ot them.sha0 be �#,��.�; ,,;:
<br /> - � � " entiUed to e�orca if�Deed of Tnui and etry other securily now or hereafter hetd by Lendsr ar Tnutee in such ordsr and manner es thay ar '':l�••``• ``��r�, �
<br /> , • eifher ot them may in their absohlte 6esareteon detertnina No remedy coMeaed t�on or reserved to Tnu�g or Lender.ts inUended to be -- -_
<br /> . • exctisive of arry oth�remedy In this OeeA af Tn�si or by Iaw provtded m pertnitted but each sliaU be cum�dativa end sha0 ba in add'i8on to -_=y _
<br /> �sive -
<br /> , . . every ather remedy given in tltis Oeed of Tnist or now os hereaHer wdsNng at law or in equtty or hy stahite. Evmy power or remedy gi►en by the �'•'r: .,: -
<br /> Note ot arry of the Related Documerds to Tmstee or Lender or to which either of ihem may be othenxtse enlitled.may be exerdseQ.
<br /> ; , ` " '. T conciurenUy ar independernty.(rom tim9 to tfine and as often as may be deemed expe�ent by Tnutee ot Lender.and eitt�er ot Mem may '
<br /> pursue InconsisteM remedtes. Nothing in this Deed at Trust shaU be conshued as profilbNfig Lender fram seek(ng a deftdencyr judgment ,
<br /> . , �,� � against the Trustor to ths extent such acUan is Oermftted by law. • � _--�
<br />- - �� `. Request f.or Nottc� Tnistor.on behaif of Tnutor and Lertder.heraby requesis that a copy o!eny Not�e at Oe�NI and 8 copy of arry Notl�e . -��-i^
<br /> • . , of Sate under thi5 Deed ol Trust De natTed to ihem at the addrssses Sei fqRA In Ihe flrst paragropb M this 088d of Ttus� —� " �-�.._:
<br /> ' Walver.pectton of Remedtea A waiver by eny party ot a breach ot a pmviston of this Qeed ot Trusl s�ali not constitute e wahrer ot or =—- -
<br /> •• prejudice the paRy/s dghts othervvise to demand 5Mc1 compfiance with that provfsion Or tlny otAer provtslon. EtecNon Oy lender to pursu9 any . � :�,A,-�
<br /> � , remedy provtded in this Deed of Trust,Ine Note,in any Retated Oocument,or provided by�aw shall nol ezetude pursuH of any att�r remedy. � .r, .. ,�;
<br /> and an eleeqon to make expenditures or to take action to Oedorm an of„IgaUon ot Truslor under this Deed of Trust aftar fauuro Cf Tnutor to �'`0r
<br /> '��::"�-�
<br /> • � , . �� pertorm sha11 not uHecl Lenders dght to dedere a dafauii and to euetc(se any o1(ts remed:e9. , "-" "s�:�
<br /> ` Aftomeye'Fees;Expensea II LenCer institutas anyr suil or acUan to enforce any ot the terms of this Oeed ot Tius/,Lender shall be entlUed to ' : '����
<br /> �� recover such sum es the court may adjuEge reasonaDte as attomeys'tees at tr1a1 and on any appeat Whether ar nat arry court ecBon ts �'���
<br /> � invofved,all reasonebte expenses incurred by Lender whtch tn LenQer's oyiniort are necessaryr at any Hme tar the prctecUon of fb iMerest or tha . ' _ ._—
<br /> � entorcement of its dgMs sha[i 6ecome a paA of the Udebtedness payabie on demand an0 shatl bear interest at the Note rate from the date oT , ---
<br /> � ' , expenditure un67 repaid. F.�enses covered by this paragrapA inctuAe,wHhout flmitaUon,however subject to any Iimiis unQer app�cabta taw. `,�` �
<br /> � � Lender's attameys'tees wheiher ar not there ts a Iawsuil.incluQing attameys faes fo►bankruptoy proceedings(Induding eNorts to modfy or ••� '�''�
<br /> , • • ` • vacate any automadc sfay or InjuncUon),appeals artd any anlicipated posyudgmenl eoUecdon seMces,the cost o}se3rehing �eCOrds, •:`� =`�'
<br /> . obtaintng dde reports pnquding foredosure reports),sunreyors'reports,appra15a1 te�s,tiHe insurance,and tees for the Tn�stee,to the exten! • � ' •� '�- `.�
<br /> � � permitted by appt�cab(01aw. 7rustar elso wi0 pay any cowf costs,in add�tion fo all other sutns provided by Iaw. �r�:
<br /> ,, Rlghts of Trustee.Trustea shall have all 01 the dghfs and dWes of lenQer as set fodh in this section. . '.'.,;�:�-
<br /> : ' . POWERS AND OB�tGATIONS dF TRU9TEE. The tollowirtg provislons retating to the powers and obtigaUons o1 Trustee are pad of thts Oeed af _ ';.��r�
<br /> �.' .. . Trus1. „��
<br /> ;� . � * a=�
<br /> , • , Pcwera of T�ustee. In additian to au powers of Tnutee arist�g es a matfler of Iaw,Trustee shall have the powet to take ihe(oRowing fldlans :�,-,
<br /> with respect to Ihe PropeAy upo tEguvrfttBn�eqpest of Lendar and Trustar. (a)join in preparing and fiGng e map or plat of the Real PropeAy, ��;
<br /> � •� induding the dedtcaUon q1 SL'�e�or�,��'.tet d�t�t'o 1�pub8c; (b)Join in grantlng any ea58meM or creaNng any rastrictlon on ftre Real Properly; . •-
<br /> • ± and (c)join in any suborEln�tiqrl,�lether a�e�feM affe�Hng ihis Deed of Trusf pr ihe interest of LenCer unQer this Deed o}Trusl " �'��=
<br /> . . . ,.� "ly!.:..'� :satv�;qi,.. -•�
<br /> • ' TNStee.Truste9 sh81h aieei•eA quefi9cauons requuefl ipr Tnts[ee under appllcaAte taw. tn aQditfon to the rtghts and remediss set faAh above. �.`;�:
<br /> . • '! w(th respect te e0 a a�yr part of the P�operty.the Tnistee sAa�have the r1gM to foreclose by no8ce and sate,and LenQe�shall have ths AgM to , '���:
<br /> forectose by judicisl fcractosure.in e�her case in accorQance with and to the 1uD exter.i provtEed by applicable law. �
<br /> f -,,�,,;_.
<br /> • � �f Successor Trustee. Lender.al lenders option.may irom ttme to Ume appoiM a suc�essor Trustee to any TrusteB appointed hereunder by an � _:
<br /> • instrument executed and acknowted�ed Dy Lender and recorded in the oHiCe of!he recordet oi HALL County.Nebraske. fie InSWment sha� • _ � ---
<br /> . . `'.j contain,in addillon to aB other matters required Dy s�te taw,the names o1 the original LenQer.Trustee,end Trustor,the boak and pago(or � , ' �
<br /> • • . � computer system reference)where tAis Oead ot Trust b recorQed,and the name and adQress ot tAe sucxassor truStee,and the ins7ument sh8.7 �
<br /> - be executed and 8cknovAedged by aU t�e beneflqarles under the Oeed of Trust or their successoi9 in Interest. The suCt;essor trustee.with0ut • .
<br /> � , eonveyance of the Ropertyr.shall succeed to ail the 61te,power,and QWes confeRed upon the T�ustee In this Oeed of Trus!and by appticebla . ., . . • '
<br /> law. This praeedure for substituUOn ol hustee sAatl govem to the exctusion of all other provtsions tor Sub58tuNOn. � , .,
<br /> :,�:,�, � NOTtCEB TO TRUSTOR AND OTHER PART(ES. Any noUce under this Deed o}Trust shail be in wr(tlng,may be sent by telefacsimtte(uN�s ' .
<br /> � otherwise required by taw),an0 sfiall be etfedive when actuaity QBlivered,ot wAen Qeposited wilh a naUonatry reCOgnl�gd ovemlgM courter,or,H ,, •
<br /> ' mailed,sheil be deemed eNecUve when deposited In the United States mail flrst dass,certifled or registered mait,p�tage prepeld,Qtrected to th0 ' .,
<br />� " ' • addresses shown neaz the deglnning of tAis Deed ot Trtul Any party may Change il�aQdress tor notices under thls Oeed ot Trust by gtving iwmal • •. .
<br /> • written noUce to the other parlies,specifying thal the purpose ot the noUce is lo change the party/s address. All copies of noUoes o1 foreclosure hom � . ��
<br /> � the hofQer ot any Oen whlch has priority over this Oeed of Trust shail be sent to Lender'S address,a9 shown�ear the beglnni�ol this Deed o}Tn�t. • •' • '
<br /> For notice purposes,Trustor agrees fo keep Lentler end Tnistee Informed et all Umes of Trusto�s current address. . �
<br /> <.�. � �
<br /> � ' M�SCBllAHEOUS PROYISIONS. The following misCeitaneous provislons ere e part of thls Oeed ol Trust:
<br /> Amendmenta. This Oeed of Ttust.togethe►with pny Re►ated DoCUmgntg,consUtufgg the entire understart�tr�g an4 8greemeM of the p8Ng9 8s
<br /> : . � to the mafters sef(oAh in this Deed o!Trust. No a1t�.7C�Cd.of or emendmeM fo Ihis Osed of Trust sha��be eNective uNess given In wHUng and
<br /> , . signed by the party or parties sought to be eharged or bounA by Ihe etteration or emendment. . � . •
<br /> : Applteebta Lav�. Thls OeeA o}Trust has been dellvereD to LenQer and aecepted by Lende►!n the State of Nebraska. This OEea of Trust • .
<br /> shail pe governeA by end eonstrue0 tn eeeordante witb the tawa ot fhe Stete o!NeGrasim. � ^
<br />_ � Captlon Hea0ing9. Caption�eadingg in fhis Oeod o}Trust are tor convenlence purposss ony and are not to be used to interpret or deflne the
<br /> � • provlsions of 1NS Oeed of Trust.
<br /> Merger. There shalt be no merger of the Interest or astate created by this 088d o}Trust wfth any otRer interest or sstate In the Property at 8ny • � '
<br /> time hsld by or for ihe 6enefit of Lender in any capacity,without thg written consenf ot Lender. '
<br /> • ., ,.
<br /> •. ' Severabnity. n a couA ol competenl jurlsdicuon flnds any provlslon ollhis Deed of Trust to be Invatid or unentoroeabie as to any person or • . .
<br /> _,; . ; circumstance,such flnding saall nof render 1Mt provlsion inva8d or unentorceabte as W any other persons or dreumstances. It feasibte,any .
<br /> � such oHending provislon shail be Ceemed to be modtfted to be wit�in the Ilmib of enforceabilily or validityr,however,if the otfemm�g proNSion I '' .
<br /> , � Canno!be so modi08d,it Shall b0 StriCken and eil othet prOVISi0n9 Ot thig 088d Of TrUSt In 8II Ott18r rASp8Ct5 ShSll tOmSir1 v81id 8rtd entOfC9aDt3. � �
<br /> ' Successars and Assigns. Subjecl to the limitatlons stated In this Deed of Trust on transter o}Trustor's interesf.thls Deed W Trust shaD ba � . '
<br /> binding upon and inure to the bene�t o}Ihe perties,their successors and essigns. I}ownership o1 the Property becomes vested in e pefson . •
<br /> other than Trustor,Lender. wifhoul notice to Trustor, may deal with Trustor's successors vrith reterence to this Oeed ot Trust and tAe � , .
<br /> Indebtedness by way ol forbearance or e�ctension without releasing Trustor hom th9 obtigations of this Oeed o1 Trus1 or n9biGty under the
<br />-_- ; Indebtedness. ' _... . _
<br /> - _ , 1 � �___
<br /> { j, . ' .
<br /> `
<br /> . . . .. . . . .-+�,�". ' . .. --�---�,:1..-:h- .
<br /> . �.—. . �
<br /> __ ._.— . . .. . .. .. .
<br /> . �•.\.... .�f
<br /> ..1. .... . . ._.... . .. . . ' . .. .. . � �t..� . •. .. i. •... . . . .5.. ./.... . --... .. _a..._ . .. '� .. .1 t. . .. . . ... .. . . . . . . . . ' : ...... .' `•l_'. ....
<br />
|