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<br /> � � upoa any iadebte�neee eecured harc�by. aii ia euch order tae Bersefieiary maY .. . . �"�.;, .,�
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<br /> � � ` determiae. The c�nteriug ugoa aael taltin9 Poaseseiaa of the Tru�t 8atate, tha , •. .
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<br /> � ` < <; co2lae�ioa of eucb roat�, iague8 and gsafite an� the application thereof ae � .� �
<br /> ` � aforeasid, ehall nat cuse or waive any deYault or aotiae of defau3t hereua�er or :1�.,,".,
<br /> inaalidate ariy �ct doae in rooPcnsQ to sucl► Qefeult os pnrauan� to anch notice "
<br /> of default and. notmithataadiag ihe coatinuance in poeseBeion of the Tsuat 8atate ; . ,
<br /> � • ` or the cal.lectioa, socaipt aad applicatioa ot zoate, iseuoe or profile, Trustee s�° ' .
<br /> � or 8enoticiary ehall bo oatitled to exesciee avery rigbi provide� for ia ar►Y of , `
<br /> � � t�e Lo�n iastrumeatts or by lam upon occurremo ot anY event of defauit, includiag � �; �. .
<br /> ,, . ' ,. the right to exercise tha pcswes of ealei ' , .
<br /> -- �b� Commence aa sctloa to forecloss thie D�ed of Truat ae a mortgage, �;.
<br /> -� ,-- appoiat a receiver, o� sgacffically snforce any of the cov�nants hereoft _
<br /> (c) Deliv�r to Truetee a written declaration of BePault aad demand for � ,',�;
<br /> eal.e, aad e arrittea aotice of default aad electioa to cause Truator•a interest . `�`• �".
<br /> : '' in the Trast Sstate t=b=�te��fficial Re ozde ofethe Coun�y 9in which the Trust . ,
<br /> for record fa �he aPP pP � .
<br /> . . ` � Sstate 1e located. , ` -
<br /> � .,Q.,nQ ao onwaR oF sALB. Should BeneEiciary elect to toreclose :.�."�
<br /> • • 11. FoRBCL.. •.;-� • :
<br /> � • '� by exarcise of the Power of Sale hereia contained, 8eaegiciary ahall notify ,.
<br /> Tsuetee and ehall deposit mitt► Trustee this Deed of Tru9t and tJte Note and suCh , "--�};, ,
<br /> <• � nditurea made aad s2cured hereby as Truetea may '4�..;�•:.��,s:w.�
<br /> • . ,,, receipte snd eoidence of expe . � - ---«�._
<br />- � require. F .• ..°; , �.�.
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<br /> ' • {a) tlpon receipt of auch notice fsom BeaeFiciary. Trustee ehall cause to _ _
<br /> ' bs recosded. publiahed aad delivere8 to such Notice of IIefault aad 2lotice of , :;_ _ ..�'
<br />= 5.. Sale as then requised by law aad by thfa Deed of Trust. Trastes shall, without ,r .`�.,y—
<br /> � demaae oa Truator, after suah time se may then be sequised hy laoo sad after ;,�,L,. _=._�
<br /> - �� recardation of such Notice of Default and af�er Rotice of Sale havi:tg been given - - ;..;,3,,��_
<br /> � - ae reqnired by law, sell the Trnst Setat� at the time aa8 place o£ eale fixed by � . ---
<br /> � it ia euch Notico of Sale, either ae a whole, or in separate lota or parcele or :,t :4�"`a=
<br /> � � it� ae Trnetee ahall dee�° expe8leat, aad in such order as it may 8etermine, at „``
<br /> - • � � � � public auction to the hiqhest bidder for casb, ia lawful moaey of the IInited .:.�'��°��--�-
<br /> � � ` Statea, payable at tha time of eala. Trustee ehall deliver to such pwccHaser or - �;,-
<br />.. , purchasera thereof, ita good and eufficient deed or deeds, conveying�e recitals , _--
<br /> • so sold, but without any covenant or rrarrantY. expreas or implied. . ` , _ _
<br /> � in such deed of aay mattero or facta shall be conalusioe prooP of the
<br /> • � txuthgulaeee thereof. Aap pereon, iacludiag, without limitation, , Trustee, aad � U
<br />• . � �. S�f�eiary, may pyrc2sase at euch eale, aad herebp covenaats to warrant and ;-
<br /> . • � . deferid the title of such purchaser or purc hasera. ��- �
<br /> ' (b) AB may be permitted by lavr, after deductiag all coste, feea, expenses , � •��'F_
<br /> oF Truetee and of thia Truet, includiag coate of evidence of titie in coaneation ,. -_
<br /> with eale• Truetee shall appiy tha proceeds of eale to paymeat ot (i) all eums y_ _ ___
<br />-•---,� � --. - expeade8 un8es t he terme h�e o P, n e i t t h e a r e p a i d, w i t h aeerue� iaterest at twelve . "'_.�___
<br /> , (12�) parcent per aaaum, (ii) ali other sume thea secured hereby, an8 tiii) the _ ��
<br /> rema i a der, i f a ny, t o t h e g e r s o a o r p e r e o n e l e g a l l y e a t i tled thereto. ;.•..��z,�,.
<br /> . � �",` . (c) Truatee dtay. ia the mannc�r provi8ed by law, postpcae eale of al l or ',. ..s=.�`."
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<br />' � aay portion of the Trust Estate.
<br /> � ' 12. QT`�'�TRS NOT BXCLUSIVE._ Trustee a:sd Seaefiaiary. and eaah og them, � :?_.�
<br /> . . �'.� ahall be entitled to eniorae payment and performaace of sAy iadebtedaese or � ,��r�
<br /> obligatioae eecured heseby as�d to exercise all rights aad povrere uadsr thia Deed
<br /> . �. � of Tsuat or uader aay Loan Instrument or other agreemeat or any laws aow or , , -
<br /> ' � . • j heseafter in force, •notwithstandirig eams or all of �he such indebtedneae aad ,
<br /> J obligationa secured hereby may nom or hereafter be otherwiee eecured, whether by
<br /> � mo�gage, deed of truat, pledge, lien, aesignmeat or otherwise. NeithOr the
<br />_� '. ' � acceptance oP tbie DeeB of Trust nor ita enfoscement whether by coust action or • .
<br /> � � pursuane to the pawer oP aale or other powere herein contained, ahall projndice
<br /> , or in aay manner affect Truetee•e os Beneficiary'e riqh� to realize upon or
<br /> ' • � eaforce any other seeurity now or hereafter held by Tsuatee or SeneYiciary, it
<br /> i being agree� tt�at Trustee and Beneficiary, and each aP them, ehall be entitle8 ,
<br /> , to enYorce this Deed ot Truet and any other eecurity now or hereafter held by
<br /> � . : � Beneficiary or Truetee, in auch order and manner as they or either oP them may • �
<br /> _ . � in Lheir absolute dfecretion 8etesmine. No remedy herein conferse8 upon or
<br /> .� reserved to Truatee or Heaeficiary ie intended to be exclusive of aay other
<br /> ; remedy herein or by law provided or parmitted, but each ehall be cumulative and
<br /> � � ehall be in addition to every other remedy given hereunder or nosv or hereaYtQr � .
<br /> ; exiating at law or in equity or by Statute. Every power or reme8y givea by any
<br /> of the Loan inetsumente to Trustee or Beneficiary or to which either of them may .
<br /> • � be otherwise entitled, may be exerciaed, concurrently or indepeadently, from time
<br /> ' � + to time, and as often as may be deemed expedient by Truatee or Seneficiaryf and .
<br /> • � M eithor of them may puraue inconsiatent remedies. Nothing herein ehall be �_ `
<br /> i construed ae prohibiting Beneficiary from aeeking a deEiciency judgmonY againet � .
<br /> '". .j the to the extent auch action ie permitted by law.
<br /> � � 13. nReu�sT_FOR NOTICE. Truatore hereby requeet a copy of any notice oY .
<br /> . i @efault, and that any notice of sale hereunder be mailed to them at the addreee `
<br /> eet Forth ia� the Yiret psragraph of thia Deed of Trust.
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<br /> i 14. GovERNINC3 LAW. Thia Deed oE Truat ahall be govorned by the lawe of
<br /> � the State oP Nebraeka. In the event that any proviaion or clauee of any of the ,
<br /> �� • ` Loaa Inatrumoata coaflicte witb appiicable lawa, �uch confiiote ehall not a4fect , • . �
<br /> �" other proniaiona of auch Loan inetrumente which can be given effect a�ithout the
<br /> � conflictinq provieionet and to thie end, the provisiona of the Loan Instrumente �� •
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