|
. .. . .. . . . . , t:
<br /> • . , ` _ ' ' . . • � � '. � , ' . , : : � , � . " .� . . .' � --
<br />� � . . . . � � • , . . . � . t
<br /> .` . . ` � , . '. • ' �, . '. , � �`` ,.� ` ; �f:' , . � ` , � ,. . `". �=
<br /> . • . . � . ' � � . ' . ' . , . F � ;, �: : � � . _� . .--- -- . �i _
<br /> _.._._ . _.. _�.--_�__---..; `-� _... , . . � tlfblGr�� P.1.��17 f ,.� ,
<br /> MRR 1� '97 09=13AM NIFR 97 1 ' . ` •' �+�:
<br /> • �2. Tax�x 7►usior ahall pay sacA installme�s of aI4 tas6s an0 specfal assassments ot every k'ss�d. now or herea4te* �. ,: -�
<br /> ' ievied apainss tha Ttust Eswte cr any part thereof� b�tcte deUnausncy, w i t hout no dce a r de m a n d. . , _
<br /> . 3. lnsu�ame arrd Repairs. Tnts�or s4�au maintain fire and ernnded eoveraAe insurance inswin�ttie lmprovemecra • , � _
<br /> consri[u0ng paR of the Trusi EsTate 1ot such amounts and on suer terms reasonably s�tisfactory to Beneticiary. So lang as tne . .. . �,
<br /> property is secuted bY a first daed of uusZ or martp�ye, comyliance with ttte in5utance requi�ements ot tt+e first dead ot trust er , �,:�
<br /> moRgage shatl be sufficiert to s�dsiy t1�e requirgmems oi this paragtaph 3 relattng co irsurance. , _ . ::.
<br /> - --- �� .
<br /> ` Trustor shafi prampthl repanr and rev�aee the T�ust�te or any DaR the*eof so tha4,except 4or ordinary wear and tear, y• � .. . " __�
<br /> che Tnist Essate shali not detedarate. In no e�ent shall the Trustor commit wa�te an or to the Tnsc E�e•or cammit,suifer or -�-�-_-�.--�
<br /> permit any acc io be done in or uvo��+s 7rust Esc�e I n�io l ation o f ar�y la w,o r d i n a n e s a r r e p u l a u e n. T r u s t o r s h a ll p a y and prom prv ' ; I`•=, ���a�-_; `_-.
<br /> discharye et Ytustot'S eost dtld e:pense al�tiens,encumbtances end char8es�evied,imposed or assessed against the Trusr Estate ;- .. � •� �•�
<br /> ar any paR thereof. . ���r
<br /> _ • • f;'�
<br /> � 4. Acflorrs A1Yacttag Tiust Estata. Tnis�or sh�l1 appear In and contest any aetion or ptoceedinp purpgrtinp to affect �.-"-=',. ---
<br /> the secwity hereot artAe riphts or gawers of 8enaf�eiary ot Tnutee.end shall paY eU cosLS end expenses,intludin8 wst of�vidance .' �w� .
<br /> ot t'rde and aimmays'fees,in arry such acdon or procaediny In which Beneftciary or Trustee may appear. lf Trustor tails io make . _�=�
<br /> ' - any payment or w do arry aei as and in the manner provided�n any ot the Loan Insaumen4s,8eneficiary andJor Trustee. each in ._����_-
<br /> tneir own d'�scretion,without obliaatis�so to do and withauc nouce m or demand upan Tnitco►�nd W�flut releasing Ttustor t�om . �,.t. .._'_-�-_�--:..
<br /> any obligauon,may make or do the same in such manner and to such extent as eitt+er may deem necessary to protea tfls security a� :_
<br /> hereof. YrusW�shall.immediately uDon demand theretor by Benefidary, pay atl ces7s a:+d expe:�s� +ncurreG by Beneficiarv in .., ;��__-
<br /> cannecuon with the exer�tse by B�nefici�ry a'.C._ :....:b_'-, ~``'• :"''�i.� -��hout�mitatian costs oi evidance ot titie.court ,. _,-
<br /> „ costs,appraisals, surveys and attomeys'tees. s�}�?. 'z�--"'�'�
<br /> .-�'::�-.. ,.
<br /> : -M'"-**�r � �-...
<br /> 5, Fm/rror�r poma�r� (t the Tnist Estate.nr any paR thereof or interest therein.be caken or damaged by reason nf -1---�-- �t��
<br /> any publit improvemert or eondemnat�an Drcceadinp, Cr in any otTlsr manner includinp deed in lieu thereof (•CondCmnaiion'j, ot , ��;_����
<br /> if Trustor receives any notice or other informetlon reqarding such proceed�ng.Trustot sha(l giva prompt written noece thereof to . .��:,f_-,_'
<br /> � Benaficiary. Trustor shall be ernftled u atl campensauon, aw�rds�!sr oiher DaYmems or refiet tNereaf and shall De eMitled at its •• . �
<br /> opt�on to commenCe. ap0�r in and prosectne in i[s own name any setion or proeeedinyc. Tnu[or zhalt atso be entided to make � . �� '1 i �� .' �.�
<br /> any compromise or settfemerrt in conneciien wich such raking or damage. - - ' -.
<br /> '�., y, qppolirtmeirt o!Srrccauar Tiustem Beneflciary may,from Ume to time,by a wtR[en instrument ezecuted and �'�^��� ~
<br /> T..�r�' , � •.�'
<br /> acknow�edped by Beneficiary,mailed to Trustor and recorded in the County in which the 7rus[Estate is tocate0 and by oiherwise • ,- -
<br /> � complyinp with tt�e pravlsians af the applicable law ot the Stata of Nabraska substituse a suecesser er suecessars to tt+e Trustee ��� -.�.�;
<br /> � nnmed ha►ein or ac[ing hereunder.
<br /> .�:
<br /> � 7. sue�esro,s aadqssigns. This Second Deed of Trust applies u,inwes to the baneliY of and binds all pariies hereu, - �
<br /> che�r heirs,legatoes,devisaes,personal tepresentatives,successors and assipns. The tartn'Benefielary'shall mean tt+e owner a�d it' ,, �
<br /> _ hotder of any promissory noto given[o beneficiary, (whethar or�ot named as 8eneficiary hereinl. • � �N 'Z:• _
<br /> � g, b{grge�Coiuolfdldon,Salea oi Leases. Trus�ior covenants that Ttustor wilt not sell,lease or other�+ise dispase ���'«-:-
<br /> ' of arryr of tne Trust Estate. ln tha evsnt that Trustor selis,ieases er otherwise disposes ot anv Oari of ma Trust F�tats.6enef�uary _
<br /> may at its op�lon declaro the Indabtedness seeurcd hereby immadiataty due snd payable, whezher or not any default exists. -.,,.;�-'�.
<br /> " . 8eneftdary shall consent to a trans[er of Zhe Trust F.stata to a third party to tAe estnnt such third var[y mee�.4 ihe requiramenu �_'�
<br /> � contained in,and essumes the oblip�[ions set for�h in tha First Qeed ot Trust. The covenants eontained he�ein shaU run wlth the __ -
<br /> PropertY and shall remain in full•farce and aifect until the lndebted�ess is paid in fult. - - - _
<br /> ,N-'•.�;-_
<br />` � g, Evarrts of OafardG Any of the following cvents sMll be deemed an avent of default hareunder: _ _
<br /> , .:�:;-.;'°-�. ����
<br /> (a) detautt shall be made in the payment of tfia Indebtedness or any othe�sum secured herohy when due; =--
<br /> a� , •.�. � �`
<br /> .4:?'i'.�".
<br /> .:. . ._'�^.-..�.
<br /> �b) Trustor shall perfortn any aet in bankruptey; or ���° [ •-
<br /> T•-
<br /> ,'�V." .' 11�.•t. ..
<br /> • (e1 a court of wmpatent juris0iction shall eniar an order,judQment cr decroo approvinp a pethion ttled epatnsz ;���• ._.
<br /> Trustor seakinp any teorQanlsation, dlssolutlon or simltar retlef under any pesent or fuiuta fedetal,state or othar sTatute. ""`�`�"�`�
<br /> law or repulation retatinp m bankr�ptcy, insotvancy or other relief for debtors,and s�ch order.iudgment or decree sha►i � �'^`�-��''`` _
<br /> remain unvaeaied and unataYed for an a9propate of slxty 1801 diya IWheit+er or not eonsacutire)from the firsi date of entry �•'�"�'r �"' . '�'°
<br /> thereoi;or any trustee. recoiver or t�quldator or Trustor or of all or any paR oi the Trust Esr+te, or of any or all of the �'�T"-�"!�5�'�' '• _
<br /> roya�ttes,revenuss, rents,issues or profits thereof,sRatl ba ep0ointed wiihout the eonsent or acQuiescEnee o4 Trustor and �• • • �
<br /> _ r�i� Y;_�J..
<br /> . auch appoirnment shall remain unvaeated and unstayed for en oAflregace of slxry�6�1 Oays(wAethat or not consecu[ive1; ___ .�
<br />� or .. •rs..
<br /> , . . ��
<br /> 2 .
<br />' . . . . . � . ' � . . r• •• !
<br /> . . • . . . . . . • , ' , s:.
<br /> -. . , . . . , � .
<br /> .__—._._ . ; .. .. _ � �---•--- � -�- - --- - _ - -
<br /> . _ . . -,---�_-_-- . _...__ . . . - - --
<br /> • . . . . , � �
<br /> . . . . . . ' _ . ,: . .. � � �f.
<br /> � . . • e - n::�._
<br /> .�- .. , • ' � .. .. . . . . - . � - 3 _ ' . � �' .
<br /> �..-..s�.-T._ . ��„�,.y,r� ` - �.. , .����-.-�.e_ '-`- -- "'... .
<br /> , . . ,: ., • . ' _ ' Y�. . ` - �..• . • . . , . . - j� e • . � ' '' �. _ , . � ,
<br /> . ... .. . . . . .. . . . ,. . .. _ . .. �.. . . . . - . . .�� .. . ' . .. . . . ... .. ... ... . ... . .
<br />
|