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<br /> 97'� it���0. � � _
<br /> (01 Ths raasyment in tu0 by Truetor(e)of di emounte edvsnc�d by BeneficiuY�lts option,to or on bahalf of Truatoris!es protoative sdvances j •_ �4:°
<br /> autho�ised henfn,in tRe losn aqreement(s1,or in other insVUmer�t(e1 whieh evide�ce such edvanees,ptus interest on all auch adve�cea,payable f
<br /> ea provldsd in the notot9),toan aQroomont(ol,or othor instrumont(a). . � � ;�;.
<br /> ent in full of eny and NI other pe�t,pre�ent,or tuturo,dirsct or contin ent,debts and liabilitiea of Trustorls)to Bonefieiery of a�y � : ';"`�
<br /> (dl Tha peym � v .��;.
<br /> naturs whatsoever. � -
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<br /> This Tntst Deed wift be due^"°•^'�Ol 2017 .or upon the DaYment in tull of eii sums secured hereby. _
<br /> � Tru�tor(s)heteby wenants that Truatarlo)holds fee slmplo tiUe ta the abova deacribad property,that Trustor(e) has 9oed and lawful euthority to : � :
<br /> deed and eneumber Me seme,that the property �a free and cfear ot ali Iiens and encumhrences, exeept eneumbrances of record, and thai �:.� .
<br /> Ytustorlsl will wenant end detend the property, at Trustorfa)expanse, ayainst a!I claimams whomsoever. Trustor(s)etso horeby waives end
<br /> relfnquishas all dphta of dowsr,hom�stoad,d3sUibuti�s shere,and exemption in and to the above desuibed property.
<br /> Tnxtodsl and each o!th�m t�utlur eownanu�d aQnes wlth 6as�eftdary as foltowr . - - :
<br /> 1. To pay all liens,jud�nente,ot othar esse4smente epainst the property,and to pey when due all easessmente,taxee,rento,feea,or char0ea
<br /> upon ths proDerty or under any lease,pemnt,license, or priwlepe essiyned to BanefiaeN n sdditionN security to this Truat Deed,includiny ,
<br /> � those in or on pu6lia dom�in. � _
<br /> 2. To insuro�nd keep insurod buldnya end othar improvemente includinp fixturos and attechmenri�ow on or hereafter ptaced on the pro�erty ' —
<br /> to ths�itlafaation of Beneficiary. Sucfi insumnce wN be spproved by and deposited with Beneficiary,and endoned with Iosa payeble cisusa to � ,`t:
<br /> 8eneftd�ry. Any suma eo roceived by Benefia�ry ma�be used to pay for reeon�uuctEon of rha destroyed improvememe ar if aot so epplied mn11
<br /> . be eppUad.et the option of Beneficiary,in payment of any inde4tednesa matured or unmatured secured by thia T+ust Deed. %::,:
<br /> + 3. To keep ol buldinps,fixturo9,ettaehments,end other improvaments now on or hamafter placed oo the propa�t►r occupied and in paod ropar, ;;��_•
<br /> � e�ntier upon the p opertY to insp et the seme ot o perform enY acts eutharized hero nnor�nt he!en apr ement(s).f the property. Banefieiary mey
<br /> '� ... � ..
<br /> � ' � �. In th� svent Truawr[s) fa'sfa w Day any liens, judpmenta, assessmenta, texes, rents,tees, or charsea or meintein eny insu�ance on ffie
<br /> � � proyertY,buifdinys,fixNres,ettscfimenta,or(mprovemerrts aa prov(ded herein or in the loen apreement(s).Beaeficiary,at its optlon,may maice :r•, -
<br /> sueh paYments ar provFda inauror�e, maintenance,or repeiru and any amounts paid thorofor w81 become part of the principsl indebtadoess
<br /> � ! securad AsrabY.bs imm�diatdy due and peyabte and bear interoat at ths defauft rate provided i�the note(s)fram the date of paymant until paid. �
<br /> � � The sdvenaemsnt by B�nefieiery of erry suc„smounta wiil in no manner limit the ripht of Benefidery to decfare Ttustorts)in dsfwlt or sxerdce �' � `�
<br /> any o!Beaeflciaryro otf»r�phta and remediea. . .��
<br /> � 5. I n t h�e v ent Ben�ficln ry la a party to eny litiaation effeadny the property or tha lien of thls Trust Deed,inctuding eny aadon by Bensficiery to � ` „��__
<br /> � enforca thla Truat Daad m any suit in wNcb 8snsfici�ry is named�def�ndent(i n c lu di�p co n dem n a t f o n a n d b a n k r u p t c y p ro c e edin{i s)Beneftcia ry � •,�.
<br /> ° m�y ir+cur sxpr�end�dvanca pa�menta for abstraat fees,attomeys fees(to the extent allowed by taw),coste,exgenses.apprdsal fees,end ` i , . '.t�. t•:
<br /> � other charQea end eny artrounts so edvanced will become pert of the prinefpal indebtedness aecured hereby,be irnnedist�tV dus and payeble nnd � .. . ;•'.f;,,i',.
<br /> j . S.��.. ;j .
<br /> • � bsar intenst at the defautt rate provided in the note(91 irom ffie date of edvance unt31 paid.
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<br /> � 6. Any�war�ed w cooe t u�i�dr��G V�T*+n�1^payrrben of eny indebtedoessnmature or urun@eturad,socu dtby thi�s T s De d 8enefidary[o ,�. 1 �
<br /> � hereby wtfio � .
<br /> 7. In ths svent Ta:stor(o)defauite in the psytment when due o4 eny sums s��red hereby (pdncipel, interest. advencemnnu, ar protaothre ,::¢' ��
<br /> advancesl, or fails to perform or obaerve eny covenante end conditiona contsined herein, in ths note(s1, ioan eqrnement(s1, or any oLhe� ;. �,•. �:,'�
<br /> iosqrutn�Ma.or any proceedinpa is broupht by or apamst Trustor(s)under eny Bankruptay lawe,Boneficiary,ct it�option,mey deciere the enUre �,�'�,;i ,�
<br /> indebtedness eecured hsreby to b�imm�diateiy due and payable and the whole wfll bear interest ot tho defauit rete as provided in the note(s) :;
<br /> and geneflotary mey immediately authorize Ttustes to exarclao tho Powor of Salo gmntod herein i�the manser p�ovided in the Nebraska Trust t . '
<br /> Deeds Aat,or,rt the option of ths Bensficiary,may forecioIIe the Truat Deed In the menner provided by law for tfie foreclosuce of mortpages on �r+ K;r
<br /> � red prop�rcy,inch�diny th��Doi���t of�Recetver upon ax parte appiloetlon,noUce beinp hareby exprossly waived,without repard to Me _ �
<br /> vdue of ths property or the suffieiently thereo!to di�ahatye tha iMebtsdnesa sacured hereby or in the loan eqraement(s1• Delsy by Beneflcfary �-=3��
<br /> in exerolaiop fto dpfito upon deisult wilt not be oon9trasd es s waiver theroof and any act of Beneficiary watvin9 e�V aDecifled default witl not be 1 S; � �-
<br /> consWod as e waiver of eny futun dsfatt. if the proceeda undar suah s�le or toreclosure aro i�aufflcieM to pay the totd indebtednesa secured ��*'
<br /> � hereby.Trustorta)do heroby aproe to be pereondly bound to psY ths unpdd batanae,aod Beneficiary wii!be enUfled w e deflciency Jud�nnsnt. �,�'=`--_
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<br /> e. Should B�nsfloLry�leet to ex�rots�th�Pow�r ot Sat�pnnted herein,Beneflciary will noUfy Truates who w(II tecord,pubUsh,and dsiiver to .,. i:`
<br /> ' Truator(s)suoh Notics ot Dstwit�nd Nodce ot Sd�es then ro�ired by law and wll���ahce ea�or�itefms aad i�n au h ordor ae Tnate wf I desm ,<•� '
<br /> and plac�of�al�flx�d in th�NoUee of Sd�, sithar��a whote or in Qeparete IoU,p
<br /> •' � s�edien� Any person msy bid et the aals IncSudinp Trustorlel.Truetee,or Beneficfary. „ . -��
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<br /> ' 9. Trustor(�)h�nby n�ests a nopY of any NoUce ot Oefauit or Notic�of Sate hereu�er to be mailed by cerNfled mail to Truatorlt)st ths j �'�
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<br /> addrefKas)aet torth h�reln. • _ � � `
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<br /> � en aodon or roas�din �nd whb or wlthout rop�rd to the '� �.��='
<br /> 10. Upon d�tautt,B�n�flci�ry,�itMi in p�non or by sy�nL wttA or without brinyrrp Y P O � . ;'.•. �
<br /> wfu�ot the ptopetty o►the suftici�noy theroof to disoharqs the indabtadnssa securad hereby,ie eutfiorfzsd and snUdad to enter upon end take
<br /> � poases�ton o!ths ptop�rty in ita own neme or in th�name of the Truatao and Qo any eots or expend any�ums it deems neces4ary ot desitable .. .�,,,,c,��-_
<br /> to prot�ot or prs�ervs th�valu�ot th�propeRy or eny intsreat therein,or iacreass the i�come theretrom;md with or without taklnp posseesion .. . _� _
<br /> of the propercy ia bvthod=ed to sus for or otherwi�e aoll�ot the rente,lesue9,crops,proftte,and income thoreof, includinp thoao past Que ond • ,
<br /> urpaid,and apD�Y the�eme uDOn eny Indebt�Anen secured horeby or in tho loan ogroamentlsl. .. - ''! -.
<br /> No nm�dY MrNn conf�rred upon or r���rvW w Trusts�or Beneticiary is i�tended to be�YCtuaSve of any otMr remsdy herein or by lew �
<br /> , �f i��ity or py t�ta�uLe�,�nd�tay b��xerc tted ooncu�rrenUy,inddsp�ndently or successivety��en hereunder or now or hareafter e�dstJnp st law
<br /> i _ ,_,.
<br /> 11. Tni�tor(�1�cknowl�dpes thst tM duU�s�nd obtlQnUono of Trutites w(II bs d�tsrtninM sdafy by the ezpres�provi�lons of this Trust Oeed or -
<br /> ths Nebr�sk�Tnist De�ds Act and Trust��witl not be li�bl�sxapt tor the p�rformancs of sueh dutiss�nd obpy�tlons as�r��peclflcallyl s�t . _
<br /> ertdheuon�bly bNlwb bY�to b wnthorii�d o�vrkhin tih�Clsic it o�►piiphts o PowT e ctonfen��ed upo�it�y�thia T st Deed or st ts�aw.f�� , • —
<br /> . 72. The lnteprlty and reeponsibiiity of Tntttor(a)consUtutes e pert of tho oonalderaUon tor the obiiflations eecurad hereby. Should Truator(s! ' �.,
<br /> eniUrerindebtedneas iymmediatefy due end paya5leend msy proceediin hs snforce ent of ite rlphta e on any other Gef u��on,may declere the �
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<br /> � 13. Aeeipnment o!Rert�includinp VroceWs of Minenl I.�ases. Troator(e) heroby assiQns,tronefero,end conveys to FSeneflctary dl rente. �
<br /> roydUes,bonuaes,end Ealoy monoyo or oth+er pracooda thot may from Umo to tlme become due and paysble under any real estete Iea�e or I �,.
<br /> undsT�ny oil,pas,pravel.rock,or otMr minsrd ie�se of any kind inaludinQ peothertnai resourcoe now existinfl or thet may hereafter eome into �
<br /> exletsnc�, covedng the proyerty or any pert Mereof. All suoh�uma so reaetved by Beneflciary will be epplied to the indebtedosss s�cured i
<br /> hereby; or Beoeflclery, nt ite optlon,may tum over and deBver to Tntstorla)or their eucoeaaore in intereat,eny o� dl of suoh sume without ` �.
<br /> prajudice to my of B�neflotary's rlpha to tak�and tetd�tutur�fuma,and without pre�ud4oe to any of its other ripht�under this Ttua't Oeed. . .
<br /> This eaaiprmsM wiii b�conswed to be a provlsian for tho paymont or reduoUon of the debt,subjeot to tho Bonoflolory'e opUon es herei�bofore
<br /> provlded, InAependent of th�lisn on the property. Upon payment in fuii of the Gobt aM tho reconveyanae of tNe Truat Deed of►ecord,this . , "
<br /> asslpm�sni wili become iaopereUve end of no turNer force end eHeot. ��
<br /> 14. Yhi�Trust O�ed oon�Utute��Seeurity Apreement with rsspeat to dl the property described herein. _ �
<br /> 16. The aovenants contained in thle Trust Osed wUl be 4eemed to be aevareble;in the event tAat eny portion of thle Truat Deed 1e determined ` � '
<br /> to�e vold or un�nforcoablo,thnt detorminoUon wili not aHeot the vMldity ot the remaining portlons of the Trust Oood. �
<br /> � Ay�:000937i1; D:imary f:uawmn�tD U:OQOE11S4i7; C!F Cl:71340 Lopd tloe.D�tr.Me�ch 18, 1897 pege 2 ��v�
<br /> ' FCS►A 5011 Truet Deed end Ase+grvnent of Honta , � ~
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