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<br /> J---___ 989 ���s :� ` . � :
<br />_ - �. � DEED OF TRtJ� Psge 4 , .- .
<br /> Q3-12-19�98 �@c (CoMi�u� .
<br /> _ �Q��Q Ol47VV `' � 4 .
<br /> , , n �
<br /> ` end make 11 avaitaDie W Lender wHhln tluee C3)�aYs after receWt o!vrtltten demand irom Lsnder. . � �
<br /> = �; • � . p5dtesS2s, l'he meIDn9 addr�ot Trustar(debtor)and L.ertder(sewred Pedfi).trom xrtuch rniarmatton concerr�n9 tt�e securtb uder�t , .' . .
<br /> � •• grarRed Oy Ws Osed of Trust may he abmined(each es required by the UNfortn Commerdal Cadeb are as stated on ttre fi�st DaBe ol this Deed `;.��'
<br /> . y of T�ost.
<br /> � ' � �6ZTY��V�'�C•�i A��R�Y��B"Fa.�. Th9 tOQOW��9��OfIS(819�IRQ tO 11U�18f 8�Uf8nC8S Btld 8ttOM8pa�1"�SC�Bf9 fi P81�Of U119 r
<br /> . + oesa mTn�sc �. .
<br /> ' + Fur@tES� At any Ume.end Uam gme to tIme.uDon ruquest of tsndar.Tnstar�vIDB�e,e�aecute be�e0.�eeard04 ce5Fa4.ar ` , . 4
<br /> • . . � ; rt�ade.m�cutsd mr da¢wared.to Lender or to Lendefs Qestgnee.end when requested GY ��y 8nd aD sach mor�gago9. ,
<br /> � . • i rerecorded,as the Case may be.et sueh��ftnandng s�temenLS.�uarion dsffitemenb�instruma�t�ht, a!ttAiher asstuertCe.cerHfteatas. ' .
<br /> . deeds ot trtRt.sec�►�f►deed9.secu�(tyt a9res . `
<br /> .. � , :..,.;�."" . . and ot1�do�wmerts as may�in tl�0 sote oDiNon af lend�.be ne�saryr a dasirabte tn order to effectuafe.eomPt�.�ert�t.eominue.or ,
<br /> _ _ � p�gtve (g)ttte ahltgsflons ot Ytustor under the Note.th�Oeod ot Tn�st.and the RBtaLed DoCUme�s.end (b)the liens and seeurily intetesb - - ,
<br /> . -� � ---! ta�w o►dagtead to t�1►9 tonlrerY bY�enQ�pn�r��9.Tnutor�sh�cehnb�se k.enQer f�all tasts�d exAensesEnTnStorin eo n n e C on vuitb thB "—°--. ,
<br /> � f madtsss tefer�ed ta in this P��P►� � C ` , r .
<br /> . pttpmgy�In..FIIet, H Trustor tails to Qo anyr ot the thin�s refeRed to In the preoedin9 P&eB�Dh��nder rtray do so ior and In the neme af .:_. ` ,
<br /> � T�tor and a!Trust o fs e�en5a. F o r s u c h p u r p o s e s.7 t u s 0 o r h e r e b y irtevocab t 5►a P Pcirds lsnder as`nuto�ts�I n�L 6 n d e f s s a f a u p i N a n.�to '� � .. _ `.;Y .
<br /> of matdng,�8.de5vedng,�1�9.reeocd1n9,and doL�g a9 othsr tfiings as may he c�ar�► - . '-'
<br /> accompt�h the mafters reterred to in the PceeedmB P�eS�Dh- � . �. :. ::
<br /> ,. , eD tlra oDOgatioas imposed W on Trustor under tNs '.�•,'°`��
<br /> q�,L p8�pppMAMCE If Tnistor PaYs e0 Ute Indebtedness whan due.and oU�erxdse PeAortns .
<br /> . . •��� Oeed at Trust.Lender shaU e�mcuts an0 detnrer to Tnstse e re4u�1 tor hdl r�omiellance and shafi ex�cute and delivver to Tnutar s�tab1e _ . , ; ;`
<br /> e er
<br /> stateme�s oE temd►�elion ot any flnandng sffi6ement on file avidencln9 Lend�s sequtiy interest in the Rerds end fhe F'e�sonal PropeA1►• Anfi r *x` =;F:
<br /> ` , reeonvaytartoe tee requhed bY(aw shaD be pald by Tnator.tf pemiitted by aAPQcabte Iaw. , _- •
<br /> . O�AUl.T. Fech oi the toQOwing,at ttte option of Lender.sha0 cons6h�te an ever�of deisuil('�werd ot Defaidt'I undsr Ws Deed ot Tn�t _� .
<br /> � Oetauli on IaQebtedness.Fa7ure of Trustar to mako arry DaYmer�t when due on the tndebtedness. ; _
<br /> . OefaW!on Othet Payments. FaAu�e of Tiustor wHhin the Ume requUOd by Uiis Deed of Trust to make enY PaYmeat tar tmoe�s or insurance.or ."�•,N _ __
<br /> arry ather paymerd necessary►to prevent fiQng at�to effect discharg9 of arry Qan. �. ___
<br /> fin '
<br /> ,.. ,k�._._
<br /> ` �mpU�n�a pefayft. Faiiure of Trustor to compty w1h arry other term.abiigatian,cover�ant cr cond'iUon cordained in Mis Oeed of Trust.the �`�.
<br /> .. ,;_ � Note or in 8ny 0t th9 Rd81Bd DOCUme�s. __.. ?-- '
<br /> F�g����,q, pny v�ananty,representalton or sTateme�ma de or t i u N s h e d t o L e n d�b y a r o n b e t i a i t o f T r u s t a r u n Q a r t h i s O e e d ot Tnrsl. .,,' �+�!.`",
<br /> �� Me Note a the Retatsd Oocuments Is faise or misleading in any material taspect.eMer no�v ar at U�e tlme made or turnLshed. �:.-
<br /> _'�'.`:•--;
<br /> ' . Oefective CaOaLetaf�atton. Thts Deed of Tcust or anY ot the Retated Oocumsrds ceasss to b e i n t u l l t o r c e a n d e f f e c t p n d u d i n 9 failure ot e r ry ,. ,.�.��'':`�
<br /> ' collateial dacumerds to create a vaDd and perfeded securttY intecest o►Gen)at arry tlme and tor arry reason. . . _,. �
<br /> : .?s.:,•r��
<br /> . . . . . � OeatA or InsoNeney. The death of Tnutor,the insoNency of Tnutor.lha aPPoirdmertt ot e reoeiver tar arry part of Tn�stors ProPertY.enll _4, ,:'
<br /> • assignment for the 6ertefit ot credROrs,any tYPe ot aaditor workout. or the commer+cem9nl of arry proceading unQer erry 6ankruptcy nr _ ._``�y i
<br />�` • ' irl5otv8nCy(awS by Of agai�st TNStor. . .:-�+a-#�i't
<br /> ' .}•_:.t:-z:oS
<br /> . Foreclosure.Fottelture.eic. Commencement ot foreetosure cr focfetture prnoceemngs.uuheto!1heyFroDedYp However.fh��sub�sedlon sha11 not ;�.:-:�•',�
<br /> . or arry othet method.bY enY c+editor af Tnstor or bY enY 9ovemme�l flge af►e9ainst a�Y � .:.:_++�!+d�
<br /> appty in the event ol a good faith dispute by Tnutor es to the valid�y►ar reasonabteness ot the clalm vfiich Cs the basis ot the foredost�re u► 'r ,.�
<br /> • {p��a prq�ading,provided tnat Tn�stor ghres Lender vrAtten notloe af such daim and tumishes reserves or a surety bond to►the ciatm ; . �`..�
<br /> ' . • , satisfactory to lender. • ._ .. rs'':e=•
<br /> � Breach of Other Agteemes►t My breach by Tnistor under the terms af any ather a�eeme�between Trustor and LenQer that is not cemedfed ,.:..,__:.�. _
<br /> withtn any graoe pedad prmAded tbaretn,tndumng wtthout dmiffitton any agreemeM conceming arry indebtedness ar other obitgatian of Tn� :::�.•.;
<br /> ' � to Lender,whethor wdsting now ar later. .�''`..,�''s'�-•
<br /> Eventa Afteding Quarantot. My ot the preceding events occura w(th resPect to any Qua�anSor of any ot the Indebtedness or atry Gua►er►ta ,_:�f._:..
<br /> ' � dies or becomes incompetenl.or revakes or disputes the valiQity of,or tlablGty unaer.any Quaranty of the indebtedness. Lender.at fts op�on. . •; :. r,_
<br /> c..• ,�_
<br /> may,hul shall not be requhed W,permit the Quarantors estate to assume uncondl9onelry fhe obfigations ac(sing unQer the guarantY in$ Z='=�
<br /> ` � • manner satisfectory to Lender.and.in doing so,cure the Everd af Detauti. -:�.;"
<br /> � tnaecuAty Lender in gaod faith deems Itselt insecura �-}`�',�
<br /> � ' iUgM to Cure. If such a fa(lure b curab►e and H Trustor has not been gtvon a noUCe of a breacN o1 the same provtsion of tN5 Oeed o1 Tn�t
<br /> �:F��
<br /> �� � wlihin the preCeding twetve(12)months,il may be cured(and no Event of DefacH wiil��a��mp���ten(Oj days.mmed ate� ��• '�-�r,
<br /> notice demanding cure ot such ta(►ure: (a)cures the faIIUre w3thin ten(t0)daYs:or(b) ;�r..t;�
<br /> � iniUetes steps suftident to cure tA¢faiture and thereaP.er conUnu�and comDtetes an reesonable and necessary ste0s sut�clent fo produce
<br /> � comDiiance as saon es reasonably pracUcal.
<br /> Trustee or LenQe►,at its opllon, •
<br /> '' q�pHTg qt�Ip REMEDIES ON OEFAIA.T. Upon the oocurcence of any Event oi Defaull and at any Ume thereafter. , � .
<br /> � may exercise arry one or more ot the foQowing d9hb artd rememes,In aQditton to arry other dghts or remedies provlded by taw: -
<br /> Acceteretton upon Defautt;Addltlort�Remedtes. �1 any event of dAi�Nt occurs es per the terms of tho Hote secured her�by,LenQer may � ,
<br /> � any�present e��a mana o testortno cee ofany k�t Thereafter��-e^derbt��d the same sAall thereupon becoma due and payabb wlthoN
<br /> �regard to tne aQeq acY of i��secur(ty enter upon and t�ake payssesston of he P►opeM or ayrry paA 1 e eof�In�ib owri nama or n he(tname .
<br /> ot Trustee,an d do any a c b w h i c h I t d e e m s n e e s s s a ry o r d e s U a b t e t o pr�erve ihe vafua.maAcetahftity w renfabifity ot the Properly.or pett ,. ,
<br /> of the Properly or interest tn ih0 Rroperly;Increase the income Uom the Properly ar protect ihe secudty of the Property:an d,w H A or w l t h o N � ..
<br /> taMng possesslOn of the Property,sue fer ot otherwise Collect the rents,issues and profits ot the Praperty,inctudfng those pest due an0
<br /> ,. � u atd,end appty the same,tess costs and expenses of aperatton end collecHon.including attomeys'fees,to sny indebtedness secured
<br /> e
<br /> bythis Oeed ot Trus1,all in such orQer as Lsnder may dstermMe. The entedng upon and teking passessfon at the PropeAy,the coltecUon
<br /> � � � of such rents,Issues and pro6ts,and the appncaUOn thereol shall not cure or waive arry defauit or noUCe of detautt unQer thb Oeed of Trust ,
<br /> � � or invauQate eny ac1 done In response to such detault or pursuanl to such na8ce of dataNk and,notw{ihstanding the conUnuance in
<br /> , � . � possession ol th ht�ovid�ed tar in ihelNole or thee Ref ed O�Au ents arf by Iaw pon t�erapaurrenoe of any event of defautt,binCtudln�the . ' �
<br /> . exerclse every dg p
<br /> 1 rlght to exercise the powet ol 58te:
<br /> ; (b) Commence an actfon to loreclose this Deed of Trust es a moAgage,eppoint a receiver or speciflcalty enfarce any ot tho covenants
<br /> • ' hereot;and
<br /> (c) Deliver to TrusteB a vrriHen dectaraUOn o1 default artd demand tor sate and a written noUce o1 default and etecUon to cause Trustor9 .
<br /> • � Interest In 1he PropeAy to be sotd,whlch noUce Trustee shall cause to be Ouiy fited tar record In the appropriata oftices of th0 County in (
<br /> .I wMCh the Property i9 located;and � :
<br /> � j (d) Wilh respect to all or any paA o1 the Personal Prope�y,Lender sha�l have ail the dghts and remedies ot e secured perly under the i
<br /> Nebraska Uni(orm Commerclal Code. •
<br /> Foreolosure by Potver of Sate. It Lender elects to torectase by exercise of the Power o}Sate hereln contained,lsnder shall notlty Trustee and
<br /> ' shall deposil with Trustee t�is Deed of Trust end the Note and such receipts and evidence of expenditures made and secured by this Qeed of �
<br /> trusl8s Truste9 may requlre. ` .
<br /> (a) Upon reCeipt ot such notlCe hom Lender,Truste9 shetl Ceuss to b9 rBCOrded.pub�ished and delivered to Trustor sueh NoIICO ol 08teuit
<br /> and Nodce of Saie as then required by law and by this Deed of Trust. TrusteB shall,vrithoW demand on Trustar,after such Uma as may
<br /> then be required by law and efter recorddUon Of such No�ce Of D8feN1 and etter Notice o}Sale having 6een glven fl9 reqvlted by Iaw,Seli �
<br /> tne Properry af the Ume 8nd ptace ot sale ficed by it in suCh Nollce o}Seie,either es e whote,or In separate lots or parcets or items as f
<br /> ' tneSUn d Stetes payrebee�fll the t me of Saie.f Trus ee Sh811 deliver lo Suc purC�858t or pu ehesers tAereiof ts goad flnd SUffldent dEed or I.�
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