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<br /> ' � 5. Tf3ANSFER OF TH6 PROPERT'!:ASSUMPTION.►!ell or eny parl ot the properry or interest therein is sold.trartslerred or _
<br /> , , ' ,`�� otherwrse cronveyed by Tnistor wdhout Benofrdaryr's pnor wNten eonserd, exduding (a)the aeston of a Gen or encumbranee � � ` '
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<br /> subordinffie to th�s Qeed of Tn►st(b)the creation of a purchase money sewrily interest tor househoid appGaneea.(e)e transter by
<br /> devise.desoent or by operation of Iaw uDon the death of a�oir�t ten8nt os(�the gtaM of eny�easehotd urte�est of three years or teas ;�- , __ 4'_,
<br /> - _ .. (- � �, ; � r.ot eontauung an opton to purchese.sueh acHon is a breaeh of this sgreemsr�t and Beaefivary may.at Be�e6wary's option.deetere �_ _ ., , i
<br /> { al1 the sums secured by tlus Deed of Trust to ba immediffiefy due artd payabte,o�cause the truate9 to fite a aot�e ct detauR �'��
<br /> : ''! Benefiaary shall have wa�ved such ophon to eceelersLa i�p:+ar to the sale.trensKer at wm�eyanee.Benefiaery and ths person to
<br /> a whom tAe property�s to be sotd or trans(erted read�a9cseme^t°�Wr�r'9 that the credit otsueh person�s sntisfaGory to Benefiaary
<br /> - . te o�the sums secuted by this Oeed of Trust shati 6e at such rate as @enefieiary sfisll request .� ,.�-
<br /> r . � andthattheurterestPaY�b , _
<br /> g. ACCELERATlON UPON DEFAULT:REMEDIES:SALE The fa�ture by the TrusDorio make any paYmerrt or fi per6orm any of• ���
<br /> � � the tertns and condAwns of the Note.or any rertewais.modficahons or extensions thereof,or the paymerR of anY other indebtedneas
<br /> � �� secured hereby or in the pertormance of anY of the eovenants or agreements hereunder shall be a breach of tfiis agreement and ffie
<br /> -- '- Benefiaary may de�lare a defautt end may daelace all sums secured here6y immediately due and payabfe ar�d the same shaU , ,- - __,_ :.
<br /> - - - or natice at larcd.7teereafter.8eneUaary may detiver � --— - �,.-._- -
<br /> ° thereupon beeome due and payabte wdhout prese�ner�t.demand,protest an11 -
<br /> to Tnutee a writien dectaration of defauR and demar�d tor safa Trustor agrees and horeby granis thffi the Trustee sha11 have the �; � ` . �
<br /> -` < power of sale ot the Property and d Benefieiary deeides ihe Propetty�,to be sold d shaU deposit with Trustee th�s Oeed of Trust and
<br /> ��R c � . the Note orootes and any otfier documents evideneu�g expendaures seeured hereby.and she11 deliverto Trustee awritten noticeol
<br /> defauR end eledron to cause the Property to 6e sotd.and TrusteB,in tum,shaU prepa�e a simila►notiee in the tortn requved by fnw, ,
<br /> � which shall 6e duty filed tor reccrd by Trustee. � . •
<br /> :` (a) Atter the la{�se ot such time es may be required by law tu�ovting the reeordation of Notiee of Detauit,end i�lotice af DeisuR � � • .
<br /> , ' end N�tiee of Sate having been gnren as required by law,Trustee.witkaut dem�d on Tnistor,shaU seU the Properiy in one , �
<br /> . or more parcels and in sueh order as TnuUOr may determine on the date and the time end p�.aee designeted in seid Maliee . , "�„�"
<br />' . � ' of Sate,at pubGc auetion m the highest bidder,the purchase pnce PaYab�e in eash in lawful money of the UniOed Statesat .. _ , �^�'" `
<br /> ' the Ems ot sale.The parson conduding Uie sate may.tor any enuse he or she deems expedienf,postpone the sa[e trom {:ti'-_-_
<br /> �+. time to time unN rt shall be completed and,in every such case,notice of postponerterd shall de given by publie declar�on
<br /> i; - ' thereot by sach person al the Ume and ptace last appointed tor the sate:provided,if the sale is postponed Tor tonger than . _
<br /> ;� � ane(t)day beyond the day designated in the Notioe of Sa1e,notiee thereof shall be given in the sams manner es the _
<br /> '=•°'_ ' ` ongmal NoLce af Sale.Trustee shaU exeeute and de�iver to ffie pureheser its Deed wnveying the Property so sold.6ut < _
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<br /> f; ' . ' wnhout any covenant or wartanty.express.cr imP��ed•The�e�fs m the Deed o!any manners or tads shall be condusive _
<br /> proof otffie truthfutness thereot.Arry person,induding without 6mitation Benefrciary ortrustee,may purchase at ffie ssle• ��'�.
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<br /> (b) When Trustee selts pursuant W the povtets herem,Trustee shaU apply the proeeeds of the sate to paymertt of the easls __ �:.�-
<br /> � � , and expenses of exerc�smg the power of sale end of the scle.mdudmg,wRhout fimitation,the payment af Trustee's Fees ��.
<br /> ' �• ,y.:l mcurred.wttrch Trustee's Fees shalt not in the aggregate exceed the tollawing amaunts based upon ffie amoumt secured q�
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<br /> ��St. � hereby and remain�ng unpaid:5 percentum on the balanes thereot and then to the dems in 6ubparagraph(c)in the order
<br /> ' there stated. „ '��,`;`'�
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<br /> - (e) ARer paying the items specified in subparagraph(p), it the sate is by Trustee,or the proger court antf other cos4s of � �-.
<br /> ;�� , ' • torectosure and sale il the sate ls pursuant to judic�al faredasure,the proceeds of sale shall be applied in the order stated ,
<br /> .y• • ' below to the payment ot. �„_
<br /> - , • � p)Attomeys fees and eosts of eoltection: � .� '�w� '
<br /> , . (2j Cost nf any evidenee of titte procured in connection witt�such sate and of any�eveoue reGuired to be paid: . � E�.- �:'
<br /> '� ' ' � (3)All obligations secured tsy this Trost deed: �t='-�-
<br /> ' f• '� � (4)The remainder.it any.to ttie peraon Iegally entilled thereto. ' . � �j'i"' -.
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<br /> ' ; 7. ADOITIONAL SECURITY INSTRtJMENTS.Trustor,at its expense,wdl execute and deliver to the 8eneficiary.prompty upon _�
<br /> deman0, such sewrity insbumenb as may be required by Benefieiary.In tortn and substance eatisfaetory W Bene�aary,covermg ,.'��=:
<br /> � ` any oi the PropeRy wnvayed by th:s�eed of Trust,wh�ch securrty instruments shalt be addRional security for Tnistora taithlul , �
<br /> - . � - pedormance of ali the tertns,covenarts end condiGOns ot Mis Oeed at Uust,tfie promissory notes secured hereby,and any otl�er '...'
<br /> ' , ��' secunly instrmments executed in oonrteedon wRh this transaction.3uch instrumente shall be recordedov fited At Trustor's expense. . ��-"'
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<br /> �' '� 8. APPOINTMENT OF SUCCESSQR TRUS7EE Benefieiary may.from Ume to time, by a written inshument exewled and = ;i_
<br /> . � , aoknowtedqed by Beneficiary,mailed to Trustor and recorded�n the county or wunt�es tn whict�fhe Property is located end by � '..;�a•_;
<br /> otherwise eomp[ying w2h the provisions ot the appticable laws of the State of Nebraska substitute a successor or auccessore tothe , _ ;�;r,�
<br /> Tmstee nomed herein or aating hereunder. —
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<br />: „ 9. INSPECTIONS.Benefieisry.ot Rs agenta,representatives or workmen.are author¢ed to enter at any reasonabte Gme upon ',=:�
<br /> .. . . or m any pert of ffie Property tor the purpose of inspechng the same and fot the purpose ot pedormmg any of the acts rt is authorited � :ro
<br /> to pertorm under the terms o}the Oeed of Srus� • � •
<br /> • � t0. OPTION TO FORECLOSE.Upon the occurrence of any breach and upon the declatation of default hereunder,BeneSciary .
<br /> shall have the opbon to}orectoae th�s Deed of Trust m the manner prowded by faw for the bredosure o1 moRgages on real propeity. . .
<br /> � �� � 11. FOREBEARANCE BV BENEFICIARY OR TRUSTEE NOT A WAIVER.Any forebearance by 8eneficinry o►Truatee�n � ' , � .
<br /> �`�`; ,• exercising any nght or remedy hereunder,or otherwise attorded by apDlitable law.shall not be o waive►ot or prectuEe the exercise .
<br /> of any such nght or remedy hereunder.Likew�se.the waNe�by Benehciary oi Trustee of any detauit ot Trustor under this Deed of ,
<br /> � Trust shall not be daemed to be a waNer of any other or s�mdar deftsults eubsequently oaurrmg. ,
<br /> ' � 12. TRUSTOR NOT AELEASED.Extension ot the Ume for payment or motl�ication or amortization o}the sums cecured bylhis � ' ..
<br />, . • Deed o}Trust granted by Beneficiary to any Suetessor m mterest of TtusWr shall not op6rate to tBfeASe,in uny mannet.the IiabilAy ot , ' : �
<br /> ' the oriqmal Trustor and Trustor's succesaor m mterest Benefic�ary shNl not be required to wmmence proceedings egainst such .
<br /> suceessor or refuse to extend time for payment or othervwse mod�ty cmort¢rttion of the sums secured by this Ceed of Trust by
<br /> ' � reason o1 any demanq made by the original Trustor and Trustor's sueeossoro in mterest. .
<br /> ��.:��. , ' t3. BENEFICIARY'S POWER3. Without aflecting or releasmg the liabilrty of tfie Trustor or any other person heble torthe . �
<br /> • pt►ymen!01 any obhgation herem ment�onad,etnd wrthout aifeeti�g the hen or chtuge ol thia Oeed of Trust upon any pattion of tho ,
<br />: � Property not then or tharetofore released as secunly fot the full amount o1 all unpa�d obligations,Benefiaary mtfy,from time to 6me .
<br /> ' and vrnhout not�eo at tho request o}one or more Trustora(�)rel3use any person so hable.(i�)extend or renew the matunty or altetany
<br />- ot tho terms o1 any such obhgations.(m)grant other mdulgences.(rv)relense or recornoy,or cause to be reloased or reconveyed at
<br /> any t�me at Bene6ciqry's ept�ons any parcel,port�on or all of the Propeny, (�tt�ke or release any other or add�uonul seeunty tor any .
<br /> obhgnhon herem mon6oned. (a)make compasrtions or othor arrangements wAh debrors m retation thereto.AO Trustors shWl be �
<br /> ' . io�ntly and severally obl�gated and bound by tho acdons o1 tho Benefic�ary ar any trustor as hero�n statod. 4 .
<br />_- , 14. ATTORNEY FEES.COSTS ANO EXPENSES.It the Benefic�Ary of thi�Deed of Trust is o benk as defined by Nebraska iaw. � •
<br />_ ' � nny sttitement conttt�nod m any other section ot this deed notwrthsfandmg,the Benefic�ary shall not be entrtled to recaNe or tttke and � '
<br /> � debtor shell not bo obhgatod to pAy or g�ve:any contass�on o1�udgmenl,power ol attomey to contess�udgmont power of attornay to , ,
<br /> � nppear tor o borrowe►m a�udicial proceedmg or agreement to pay the costs o1 coltecdon or Ihe aftorneys fees.unless the interest 1 - .
<br /> paynble by the terms o1 tho Note referrod to m thrs deed is 16°�per onnum or Io;e,ot the note reterred to m th�s deed is repnyab:e�n �
<br /> • � t two o�more equnl or unequAl instfallments and over a Denod of moro lhnn one hundred forty-fnro(145)months.Prowded.however, .
<br /> � . ` tnat tn�s sochon doos not apply to the trustee fee reterrod to m ParagrAph 8.6(b).Prowded further thAt this PArugrtfph 8.14 shall not
<br /> ' � npply to�ms Oeed of Trwt.d the Beneficinry ho�em is not a 6ank.
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