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' < . - ,__...�_.��.... , t t . ' . , � . . . . , . .. . _..... _�.� . . ,f . . <br /> '-� , ' - <br /> kC � . ._ .. � - <br /> • . 03-14-1997 DEED O�TRUS� Page 4 � � � `� . <br /> �oe�,r�o a��s�� ccomj�,ue�� g7-- 1�g�6'7 ; - <br /> � IP�ks Deed ot 4rtA18s e f�nandrtg statemsnt Trustor shall reimburse Lendar tor ell e�ensas mcurted in pe�ectinp ar continuing this secwNy t � � �r_ <br /> lnterest Upon defauit,Trustor sh311 BSSemble the Persone!Property in a mannet and at e pl8ce ressonttbly ConvaNent to�nutar and Lender � ' � _ <br /> and make tt availaDte to Lendar withln Inre6(3)days after receipt of writ!on demantl hom isn6Er. � • . • . "� <br /> A6dress2o. Th9 mailing addrESSSS oT Trustar(debtory and Lender (52cured party),hom which informaton eoneaming the security interest � , � � - <br /> grante6 by t►iis Oeed of Trust may be obtainsd(each as required by the Uniform Commerelal Code),are ss sffited on the first pag-s of this Qeed � � ` <br /> o}Ynisf. �� .� �.� <br /> ,.$ FUATMEA ASSUAAHCES;ATTORNcV-lH-FACT. The toilowing provissons relating to tuAher essurar�ces and attorney-in-fact are a parl of this j . �` •• <br /> Qaed atTrust ' - <br /> � Fwther ASSUrBnCes. At any time,&nd trom time W time,upon requa5t o!Lender.Trustor will make,execute and dstiver,or will cause to be � � . . <br /> • made,executed or delivared,to Lendar or to Lender's designee, and when requested by Lsnder, cause to be filed,recorded, remed, or � ,,. <br /> rareCOtded,�s the case may ba,at SuCh times and in such offices and places as Lender may dsem eppropriate,any and ail such mortgages, � . ', <br /> .- deeds ol trusi,securiiy deeds.security agreemenLs.financing slatemenis,con6nuaHOn siatemeMs,ir�strumenis of fiuiher assurar�Ce.certiF.ca4es, F . - <br /> and other documenis as may,in the sots opinton oi Lender,be ner�ssaryr or des3rable In order to effectuate,comptete,perted,contnue,or E• <br /> . preserva (a)the obllgaHons of Tntstor under ihe Note,ihis DeeC of Trusl,and the Reiated DoCUments,and (b)the Uens and seCUr�i:�".aresls �` , <br /> created by this Deed of Tnut as fust and prior liens on the PropeAy,w3�a�'+er now oarnad or hereafter acqutred by Trustor. Unless proh3a�by � <br /> . taw o�e.�seed to the contrary by LenOer in writing,Tnutor shall reimb�cse Lender tor aU caSTS and expense5 incurced tn Connection witA the �• ' <br /> maitas re`?.�d to in th[S paragraph_ ` " , <br /> t . , . . - <br /> AYtCmey-(a-F�1. tf Trustor fails to do any of the things referred 4o in ihe preceding paragraph,Lenaer may do so for and in the name af • • <br /> � <br /> Trusicr snd at Trustors expenss. For such purposes.Tnutor hsreby irrevocably appoints Lender as Trustor's attomeyrlMact for the purpase ' ' <br /> of malcing,executing,de6vering,fi[ing,recarding,and doing sil other Ihirtgs as may be nsa3ssary w desirable,in Lender's sole epinion,to � , � ' <br /> 8ecompfish the matters reterred to in the preceding paragraph. ;• .. , '" <br /> Flil.PERFORMANCE If Trustor pays all the Ind2btedness when dua,and otherwise peAorms�JI the obligations imposed upan Trustor under this . <br /> ' Deed of Trust,Lender shall execute And deliver to Trustee a request tar lull reconveyance and shail wcecute and deGver to Trustor Suitabie `' <br /> � a►atement4 of terminalion of any financiny statement on file avidencme Lender's seCUr(ty interest m the Rents and tAO Fersonal Property. Art�r . <br /> reconveyanco tee requtred Dy law shall bo paid by Trustor,ii permitted by applica6le law. ' � ' <br />� � DFFALLL Each ol lhe loilowlrtg,at IAe oytlon ol Lender,shaU eonsliiute an event of detault(�ve�l Of QahtulY')under this Oeed of Trust: • � " <br /> Detautf on inde6tedneas. FniNre of Trustor to make any paymenl when due on the lodnbtedness. . <br /> • DBtiWI On Othet VIIymOnl�. Ftuturo ot Trustpr wlfNn the�me reQuved by ttus Oeed ot Tru51 to make a�y paymen!for taxes or lnsut8nce,or •, � ,:,� �*_ <br /> nny ottwr payment necessary fo prevent filinp of ar lo ef►ect discharqe ot eny tien. • _•.�- <br /> _.. .� <br /> COmplltnN DElAUI� Failuro 01 Tru.,tor to eomply wfth eny other term,obliyalion,covpnant W conQitlon�onlained In thls Dsed of Trust,the , <br /> � Not�a In any o}Ihr Rolatod Documents. <br /> .. %�;: <br /> ' Fafse Statemente. Any warranty,represantatlan or statement m8de or lurnis�ed to Lender by or on behatt of Trustor under this Deed ol Trust, � , <br /> � �` the Note or Ihe Reteted Documents Is laise or misieading in any materiat respect,either now or al the tlmo made or furnls�ed. +�`.• �. : <br /> • �lfeCHve Collatetailmti0n. This Oaed of T►ust or any of iho Ralated Dxumenis C835es to be in(uli force and effed(induding failure of any � ` <br /> . Coltateral Cxuments to cteate a vNid and perfected security interest or tien)at any 6me and for any reason. , •'• 7#' `� '< ` . <br /> ; Oeath ot Insoivenry. The deafh ot Trustor,the insotvancy of Tnistor,the appointment of e rece(ver for a�ry part of Trustors property,any � � `�� . .=' "`' � <br /> flssipnment for the benefit of creditors, any type of creditor workouf,or the commencement of any proceedinp urtder any bankruptcy a �r <br /> . ��� <br /> In5oN8nCy taws by or egalnsl TruStor. . <br /> Forcelosure,Forfeiture.etc. Commencement of(oreGasure or(odeiture procaedings,whether by judicial proceeding,self-help,repassession � ��� .� '�S _; <br /> a any ather metnod,py nny cretlitor of T�ustor or by any governmental egency agaiast any of ths Propwty. Hawever,this subsectton sha11 not i, <br /> *t' .r <br /> appry ln the eveM of e good faRh dlspute by Trustor as to the va�idiy or reasonaD!eness of the daim wNch Is the bas[s of the torectosure or �,: �� ' <br /> , forefaiture praceediny,provSdad that Trustar ghres Leader written notiCe of such deim end tumfshes�eservas or a Surely bond tat the dalm �+� ��� _ <br /> satisfactory to Lender. ' ��` f ��, � <br /> Bteaeh of Other A eement. An breach b Trustor under the lerms ot any other a - '`�` �'"' � <br /> gr y y greemenl between Trustor and lender that is not remed'eed -._.,.. - �;. � <br /> wlthin any grace pedod provided therein,inGuding without limitation any agreement conceming any indebtedness or other obliga6on of Trustor • • .. � :; ,..�_ <br /> � to Lsnder,whether exisUng now or tater. ,��;•_ ;Y� ;� •`_� <br /> Events Attectinp Guarantor. Any of the preceding events occurs with respect to any Guarentor of any of the I�debtedness or any Guaran2a �. " <br /> das or becomes Incompe ten t,or revo kes or disp u tes the validity of,or hability under,any Guaranty ot the Indsbtedness. Lendsr,at ILs op0on, • � .,���.'.v�.'� <br /> •� may,but sAail not be requ�ed to,permit the Guarantor's estate ro assume uncondiUOnalty the obligaUons erising under the guaranty In a _;�_,;,,.�,._:"� <br /> manner saUsfactory to Lender,and,in do3ng so,cure the Event of Detault. �� <br /> InSeCUB . Lender in ood taith deems itseit inseCUre. . `'�'''�. ;' <br /> tY 9 _u'�_,�-=';a'§_ <br /> , Rt�ht to Curo. 1!such a failure ta curabte end if Trusta has not been given a notice ol a breech o!the samp provLslon of this Daed of Trust u <br /> within tha precedinp twelve(12)months,it may be cured(and no Eveni of Default will have oecurred)if Trustor,aRer Lender sends wdtten '"_" ; _- <br /> . nOUoB demanding cure o1 suCh itUlure: (e)cures the failure w(thin ten(10)days;or (b)if the cure tequires more than teo(10)days,immedlatery � � ''''' J <br /> ' � �'��.•S -�,.:.. .. <br /> IniUates steps sufflCient to cure 1hB failure and thereafter continuEts and Completes atl reasonabie and net�ssary steps suffiGent to Qroduce ,...;���.•: •`•-�-.. <br /> compliance es soon as reasonabty pracUCal. �•!'�• �� • <br /> .�,.._-;�,y�. • ;: <br /> RIGHT$AND REMEDIES ON DEFAULT. Upon the oocurrence ot any Event ot Oefault and at any tlme thereafter,Tn�stee or Lender,at its opUon, ' • <br /> may axerclse any one a more of the fo�owing dphts end remedies,ln additian to any other rights or remedies proNded by taw: . �r:�;, <br /> Aceeleratton upon Detautt;ACditlonal Remedtea It any eveN o�detaull occurs as per the terms of the Note secured hereby,Lender may �_ . -- . - <br /> declare aU Indebtedness secured by Ihis Oeed of Trust to be due and payabte and the same shall ihereupon become due and payabte wfthout � � '*'��. <br /> any presentment,demand,protest or notice of any kind. Thereafler,LenOer may: � . � .. � �, <br /> (a) Ether in person or by agent,riifh or withou!bringing any acUOn or proceading, or by a receiver appointed by a couA�tnd without . � . ' ' - <br /> regard to the adequacy of its security�enter upon end fake possession of the Property,a any paA tAereol,in its own name p in the name ''"'r�"'xa- <br /> 01 Trustee,and do any flCts which it deems neCessery or desirabte lo preserve the value,markefability or rontabilily o!ihe PropeRy,or psut ' � � • <br /> _ ot the PropeAy or interest In tha PropeAy:Increase ihe income hom the Property or protect the secudty ol tA9 P►opeAy;end,witb a without � . • .. • <br /> fakinp possession ot the Property,sue tor or otherwise colleci the rents,lssues and profits of the Properly,InGuding those pesf due and <br /> unyaid,and appty Ihe same,lsss costs and expanses of operation and callectlon,Inctuding attorneys'feos,to any indebtedness secured � <br /> � by thi9 Deed 9f Trust,811 In such Ordet es Lender may determine. The entering upon and tekiny possesslon of the Properfy,fhe collecHOn . <br /> of such rents,issues and profits.end the apptication thereol shall not cure or waive any defaull or notica of detault under this Oeed of Trust �. ' <br /> or InveBdate eny act done in tesponse to such defauit or pursuanl to such notice o}defautt;and, notwilhsTanding tAe continuance in , <br /> possesston Of thg Properfy or th9 collBCUOn,receipt and application ot re�ts, issuss or profits,Tnistee or Lender shall be entitied to { <br /> 0zercis8 every rlpht provided tor in the Nole or the iielated Documenls or by law upon the oCCUrrence o1 any evenl of default,Irtciudinp fhA ' <br /> dght to exerCise ihe power o1 Sate; ' - <br /> � (b) CommeaCe an 8ctian to foreclose ihis Deed of Trust as a modgage,eppoint e►eceiver or SpeciHCalry enforoe any ot the covenanis • <br /> hereoh,and <br /> i (C) Osliver to Trustee a written deCiaration of default and demand lor 581e and e written notiCe of def8ult end A18CHOn to ceuse Ttustor's ' � , �. <br /> Interesl In Ihe Property to be sotd,whiCh notice Trustae shall tause to be duly Gled iw record in Ihe appropriate offices of the County in <br /> � wh�ch the PropeAy is tocated;and ` <br /> i (d) With respecl to all or Bny paA of the Personal Property.Lender shall hava all the rights and remedies ot a seeured party under the � <br />� ' Nebraska Uniform Commercial Code. . <br /> ! FortCiOSUre by Power of Sa18. If Lender elec►s to foreciose by exerc�se ol ihe Power of Ssle horein contained,Lender Shali notily TruStee 8nd . <br /> � Shatl dEposit with Trusle9 this Oeed o1 Trust end the Note flnd suCh receiptS gnd evidenGe of expenditures made 8nd seCUred by tnis DeeO O} � <br /> i Trust as Trustee mey require. <br /> ) (a) Upon receipt of such noticg hom Lender,Trustee shall cause to 6e recorded,published a�d delivered to Trusfor such NofiCe o!De�suli � � '' <br /> ; and Notice of Saie as ihen required by law and by this Oeed of Trust. Trustee shall,witnout Gemand on Trustor,after sucA Gme as may ' ' <br /> , then be required by law and aiter racardation of such Notice o�Default and atter Notice ot Sais having been given as required by law,seli � � . <br /> r �'� <br /> the Property at the time and place cf Sato fixetl by ft m sucA Notice of Saie,either as a whole,or in separeta lots or parcels or dems as t . <br /> . 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