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<br /> IFtA •H CQRTIS ����� 1Q0735 03/12/1997 �` `. . �. • � •.
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<br /> � 9.Cond�nation.'[he proceeds of any award or claim for ges.direct or conseclnential.in connection wida any ; • � ,� � .. -�
<br /> • � condemuation ar othea takiug of the Prap:rty. or p3tt thereof, or far rnmeyance in lieu of cousIemnation. are hereby '
<br /> ' assigned sud shall be paid to Lender.subject to the terms of sny mnrtgage.deed of m�st or ather security agreeinent with a ' ' , .
<br /> � lien wtuch has priority over this DePd of Tcust. � ;�
<br /> 10. Borrower Piot Reteaset$ Forbearaace By Lrnder Not a Waiver. Fa�tension of [he dme for paymeut ar • . _ •�
<br /> � mndificadon af amnrdiation of the snms sQCUred by this Deed of Tn�sc granted by Lxnder w any successor in interes[of ..
<br /> 9orrower sball aot o�erate to release. in any manner. the li,ability of the original Hoixower and Borrower's successozs in } . ' .
<br /> iaterest. Lendec sball not be required co commence proceed'sngs against such suzcessor or refuse to extend time for payment • , � �'�
<br /> � + or ottterwi.se madify amnrtizadon of the sums se�ured by d�is Dced of Tn�st by reason of any demand made by the original j . =°
<br /> �f Borrawer and Borrower's successors in interest. Any forbeazance by Lendet in exercising any rig�t or iemfdy hereunder, ' .�
<br /> or othenvise afforded by appGcable law,shall not be a waiver of or prectude the exercise of any such�ight or remedy- �
<br /> � 11.Sz�aoesso�s sud Assi�,ms Bown�;Joint and Severel Iiability:Co-signe�s. The coveaancs and agreemenrs herein :3.
<br /> . � contained sLall bind.and the rights hereunder shall inure[o.the respective successois and as9gns of Ixnder and Homnwer. � - --
<br /> � subject to the provisions of paiagraph 16 hereof. All covenants aud agreements of Borrower shall be joint and several. � • � • ,,.__
<br /> Any Borrower who oo-signs thiss Deed of Tnist.but dces not execute the Nate. (a)is co-si8ning tbis Deed of Tn�st only to ,
<br /> . � �amt ead comrey tbat Boirower's i�erest in the Property to Tn�stee under tt� Eezms of this Deed of Tnu� (b) is not - . ..-_
<br /> - pe�sonally liabls on the Note or under this Qee�of TivsY,and(c)agrees that Lender and any other Borrower hereunder �• . - --- , .- _
<br /> may agree to eatend.modifY.forbear.or make any other accommndadons with regard to the terms of this Deed of Trust or �
<br /> � the Note. without tbat Borrower's conse�and without releasing tbat Bonower oz modif�ring this Dced of Tn�st as to th2t ;.. .. . .
<br /> � ; Borrower's interest in the Property. � -'�
<br /> 12. Plottce. Except for any norice required under applicable law to be given in a�ther manner. (a) anY nodce to �:� _ � --
<br /> Borrower pmvided for in this Dee�i of Tn�st s�ail be given by delivering it or tsy mailing such notice by certified mail . • -_
<br /> addressed to Boitower az the Property Address or at such other addn�as Borrower may designate iry notice to Lecder as :. �
<br /> pravided herein,and(U)any noace w Lender shall be given by certified mail to I.endee's address stated herein or to such ' . .. }
<br /> • . other addr�s as Lender may designate by notice to Borrower as pmvided herein. Aay notice piuvided for in d�is Deed of . • _—
<br /> Tnut shall be deemed w hnve been given to Borrower or Lender when given in the manner designated herein. !� � �.- '
<br /> ' ;1 13.Goverr�ing Law;Severability.The state and local laws applicable w this Dad of Trast sl�all be the laws of the . • .''�:y
<br /> _ � jurisdiction in wlrich the Property is lacated. The foregoing sentence shall not limit the applicability of Fedeial law to this , - �
<br /> .�:' Deed of'Trust. In the event that an rmision or clause of tbis Deed of T:ast or the Note ca�flicts with agplicable law, � `��`� ---
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<br /> ' such conflict sball noi affect oiher provisions of this Deed of Tnist or the Note wbich can be given effect without die . 1? _._
<br /> ,. conflicting pmvision. and w this end the pravisions of this Deed of Tn�st and the Note are declared to be severable. As ; ���-'.�:°t� .,° —
<br /> • ' used herein. 'coscs". "exgers�" and "attorneys' fees" i�l�de all siuns to the extent not pmhibited b9 aPPlicable law or ' . . �,' . —
<br /> , limited herein. I •. , a ¢
<br /> . 14. Bomow�r's Capy.Horrower shall b�furaished a conformed copy of�Note and af this Deed of TnuY at the :� ' ,
<br /> time of execation or after recas�dation hereof. � �
<br /> 15. R�hsbWta�ilon IIra2� A�rerment. Hoaovw.r shall fiilfill all of Born�wer's o b ligations u n des any home ��" .•• ..,
<br /> Wta rn '
<br /> ' rehabilitation,improvemeIIt.rapair or other loan agr�:�nt wluch Boirower entets into with I.ender. 1-ender.�Lender's � .•�� ;; i' .
<br /> : s oprion. maY recluire Borrower to execute and deliv�to L.ender, in a foim acceptable to Lender. an assignment of any : �.� , . -
<br /> rights.claims or defenses w}uch Bormwzr may have agains�t pames who supply labor,materials or services in wnneetion �. ` Y
<br /> � with improvemenrs made to the Propemy. "�,��� _� —
<br /> � 16.Tr�nsfer of the Propecty or a Eaefidall�¢z2�t in Boreawes�. If all os aay part of the Progerty or an}+interest .. : •. .�',-,E:,
<br /> A ;� in it is sold or uansfeired (or if a beneficial interest in Bonower is sold or aansfened and Barrower is nnt a nanual ���.`� • � f�=
<br /> , person)without I.ender's prior written consent.Lender may.at iu opdon,reqnite*��+a+P paymeni in full of all sums _ � ��•=.-�`�-_-`
<br /> secur�d by this Deed of Trust However,this opdon shall nnt be exercised by Lender if exercise is prohibited by federal �"�
<br /> law as of the date of this Deed of Tcust. " '���
<br /> If Lender exercises this option. Le�..°r shall give Bonower nodce of acceleiation.The nodce shall pmvide a periad !'.'' �.,::,i„r�_
<br /> ' of not less than 30 days from rhe date the nntice is Belivered or mailed within whicti Eorrower�st pay all sums secured �.:, . j '�'�.--
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<br /> " by this Deed of Trost.If Bosrower fails to pay these sums prior to tLe expiiadon�f this period. Lender may iavoke any ''''�;'�=��
<br /> • remedies permitted by this Deed of Tzuss wi3�out further nodce or demand on Bormwer. ��''�`' �
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<br /> �' � NON-UIV�ORM COVENANTS. B���c�rr a�Leuder fiuther covenant and agre�as follows: ;,�,_'"`
<br /> . ,;�` � 17. Aoo��tton; R�edies. Ex�3 as pmvtded to paraQraP� 16 hereof, Woa B��c�wer's bteach of any • "•r.:��,��_:
<br /> �` � covenant or agr�aneni of Borrower in Wis Deed of Trust,lnctudin�Borrower's fatl�u+e to pay, by the end of 10 . . `
<br /> � calendar days after they a.�e due,anY smms secured by this Deed of Tn�st,L.ender prior to accetwra3ion s�all{�ve ; �..,.?.
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<br /> notice to Borrower av prv�vtded in parss�pb 1Z hereuf speclfyinQ: (1)t6e breach. (Z)t6e a�toa req�tred to c�n�e ��• ._ �•_
<br /> suc6 breach;(3)a date.not less than�J dsys tPO�the date 46e noitce ls�n11ed w Borrow�,by whlc6 suc6 breac6 � . 'r+�f�., —
<br /> must be cured; and (4)tbat fail�nre to cure surh brPac6 on or before the daEe spectfied i�a:,.'^e nottce mey result in • '_�'�"•`
<br /> acceleratlon of the s�ms ses�ed bq t61s Dced of Trust and sWe of the Yropz�g. The na�t3ce shall furthcr tnfoim . . ,
<br /> Borrower oP t6e rlght to�.stute aiter aceeleratlon aad the d�ht to 6rin��a�s acdon to asgeit the noneadstence of . . • ' � . .=_
<br /> . a default a,any other defease of Borrower to accelesatto�aad sale.If the bresch!s nat c�red oa or be�cre the date ' � . �
<br /> s�tfte�In the aotice.Leader.at Le��er's option,may deelare atl of the s�as s�vred��P.�s Deed of Trust to be . f"'`-:
<br /> immedlately dne and payable witho�rt fm4h�r demand and may invoke t6e power of eale and auy a46er cemedie9 -
<br /> perm[tted by appllcable iaw. Lender shall be eutitled to aolte�4 ell reasonable costs and expeases incun'e� in � � _
<br /> P�nB t6e remedles pruvtded In thLs P�S�Ph 17,includln�,but not Wnited to,e+eawnable attorneye'fees. _
<br /> If t�e power of sale is invoked,Tnutee�ha11 cecoPd a aA3tce of defauit 1n each co�mty in wWch the Property or ,
<br /> some paR thereof is tocated and shall mail cople9 of such notice in the manner presaribul Dy appltcable Is►w to —
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<br /> � Borro�er and to t6e other pe�soas prescr�bed bY aPplicable law.Atter t6e lapse of such time as may be renulred i►y �
<br /> aPPUcat►le law,Tnistce shall glve pnbllc natice of sale to t6e peisons and In the manner prescrlbal by upplleable j .
<br /> law.Tn�tee,without demand oa Borrower,shall s�l1 We Properiy at publ�e auctloa to the W�hest biddes at the time �w
<br /> and place and under the terms desl�ated in t6e nottce of sale in one or more parceis and in suc6 order as Trustee � , . ��
<br /> may dete�mine.Trustee may postpone sele of all or aay parcet of t6e Property by public announcement 8t the time - �
<br /> ! and place of any prevtously scheduled sale.I.endar or Lender's deslgnee may pw+chase t6e Property at any sale. , .
<br /> lJpon recNpt of payment of t6e prlce btd,Tr+�stee shaU Qetiver to the purchaser Tnutee's deed wnveyln�the f. �'°`
<br /> Property sold. The redtals in the Tn�stee's deed shall be prlma facte evtdence of the trutd of the statemeats made ( �
<br /> theretn.Tn�stee ahall apply the proseed9 of the�ale in the Poltouring ordea:(a)to all reasonabte costs aed expense9 of `
<br /> • the sale, IncludlnQ, but nat limited to,Tru�nee's fces actually incurred of noi mome th�n S�k of the gross sale price, ��
<br /> ' reasonable nttorneys' Pee�and costs of lftle evtdeace; (b) to all sums secur�ed by thls Deed of Trust; and (c) tde I . . �.
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<br /> excess,if any�to the person or persor�legallq enttiled there?o. � ___..
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<br /> Nebraska 26�76-3 1 t/96 Orig4.aal(Aocorded) Copy(Hraach) Copy(Cuseomer) Pege 3 ors :
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