|
�3-24-1997 D�ED OF Ti�UST Page 5 � ���.
<br /> ��
<br /> ' Loan No 44a065 (Cor�tinued) ��� �(� r��.'� '
<br /> dedsre ait Indabtedness secured by this Oead ot Tnst to be due and payable and the sams shell thereupon became due and payable�vilhout
<br /> any p�eatment.demand Protest or no7ice of any kind Thareaftet.Lender rtsay: . , .
<br /> (a) Either in person or by agent,with or without bdnging any acfion ot prooeeding.ar by e reee►vat appolnted by a court and without
<br /> regsrd to the adequacy of�ts seeuritY.entsr upon end fake possess�on of ths Property.or any part thereot,In its ewn name or in the nsme
<br /> of Trustee.and do anY act5 whlch it deert�5 necassery or desUable to preserve the vatue.maAcetabllitY or rentabtfity of Ma Property.or Part ::
<br /> of the Property or interest in fhe Properly:inaease Ihe incame from the Property or protect tha 5ecu�1Y of the ProAB�Y e�d.����o'� `•
<br /> taldng passession tfie same,l�sss�casts�andra�enses oo peraUon and�croi'.2dfon,�inctu g�attomeysp e��^,ito eny indebtedn95s secured
<br /> unpeld.and aPDty '
<br /> by this Daed ot Tntst,eU in sueh order es Lender may determine. Th9 enterfng upon and talcing p�sion of the PropertY.the eol�ec�on
<br /> of such rents,tssues and profits.and the app�lcatio�thereof shali not cure or waive any deiault w noUCe of default undsr id�Deed of Trust
<br /> or Invalldate any act do�s in respanss to such deffiuR or pursua�t to sueh noECe of defaut�and,norivithstanding the continuance�n *
<br /> possession of the Property or the coflection, recelpt and epp►kation of rerst�,fnu's or profds.Trustee or Lender shail be entiti!l�ed to
<br /> exerdse every r19M provided for in the Note or the Related Documents or by Iaw upon the occurtence of any event of default,induding ihs -
<br /> rigM to exercise the power of sflls; �
<br /> (b) Commence en BeUOn to toredose thls Deed ot Tnui as a mortgaga,appotnt a recetver or speciflcaily enforce any of the covenants .
<br /> hereof,end �
<br /> (c) Oefrver to Tnistee a wrilten dedaration of detauit and demand for sele and a written notice ot defauit and e�eCdon to cause Trustor's 4
<br /> interest in the Property to be sold,which notice Trwtee shall cause to be duly filed for record in the appropriats offices of the County in
<br /> ` wh,ch the PropertSr Ls loc8ted:end .
<br /> � (d) With resped to aD a any part ot the Personel ProPeRY.Lender shaU hnve all the rtyhts and remediQS o!n secured party under thB :,
<br /> Nebraska Unitorm Commercial Code•
<br /> ,. Forscips�trp by Power o!Saie. If Lender eteCts to to�edose by exercise of the Powar oT Sele hereln contatned.L.endet shail no6ty Ttustee a�d , . . - -
<br /> � si�ap deposit vAlh Trustea th(s Deed of Yrust and the Note and such reoe�plS and evidenoe of e�end'rtures made and secure0 by thts Deed of i
<br /> TNSt es Trustee msy tequire. F •.
<br /> (a) Upan receipt oi Such notice trom�.ender.Tnutee shall cause to be recorded,pubfished and de1'rverad to Trustor such NoUoe of De�auJt � r
<br /> � and No�ce of Sa1e as then requlred by law and by thls Dee d o f T r u s t 7 r u s t�e s h a l l.without demand on Ttustor.after such tlme as may � ;
<br /> � then he requtred by law and after recordetion of sueh Nonoe of Defauft and aftar NoUce of Sale having been ghren as requlred by law,seil . ,
<br /> the FroperlY at the time and place of sale foced by it in such Notke of Sele,efthor es a whole,or in separate Iots ot percels or hems as . _ .
<br /> Tnutee sheli deem e�ecGent,end in such order as it may dete�mine.at pubfic suction to the highest bidder for cash in lewtul money of , .*,_,,
<br /> the United States payable at the dms of sala Tnistee shalt delivx to such purchaser w pu�chasers thereof its good and suff�cient deed or ;.� ,
<br /> � shall be concpirw�hra pmo ofdthe iruthfulness t ereof�.�My person�i�uding without GmftaUon�Tn�istm,Tn�stee.w�Len�rnay I .. !�"
<br /> ' y purCheSe et SUCh 581e. ` ;i.��..�1�(i
<br /> � (b) fts may bo PermHted by Iaw.after deductlng ell eo�s.fees a�d e�enses of Truste9 and of thLs Trust.Indudtnp cosls of evlQence of � _ ..,�
<br /> UUe in connecUon with sale.Trustee shall appiy the proceeds of sale to DgY�'�nt ot p)all sums e�ended undsr the terms of tt+is Oeed of . „
<br /> secured hnerebYhand (i1i)the remelndett itheny to l�he p on�or p ns Ie�gadlry enh�d dth�rett°�- �"d la te charpes, (tt)a(I o i h e r sums ihen , : , -
<br /> (c) Trustse may�n the manner provfded by taw postpone saie af ait or any pordon of the ProAerty. . � �� —
<br /> Remedles O�ot Exelu�tve. Trustee and Lender.and each ot them,sha11 be entiGed to enforoe paymant and performance at arry indebtedness , •
<br /> or obl±�atlons secured by this Deed ot Trwt and to exercGe aA dDhts and powers under this Dead of Trust,undar the Note,under any of the . - �
<br /> Retated Documents,or under any other agreement a any Iaws now or hereafter in foro�nohvithstandin9.scme or e�of such indebfedness ':,
<br /> and obOgatlons secureG by thts Deed of Trust may now a hereafter be otherwise secured,whether by mortyaae,deea of t�usf,Pfedpe.Oen.
<br /> a�s i gn m e n t o r o t h e r w(s e. N e ft h e►1 h e a c c e P ffi�S at this Deed o}Tntst na Hs enforcement,whethar by court acUon a pwsuant to the power of ,�J�i�j�
<br /> sele ot other powers contained In thts Deed of Trust,shall preJudtce or in any manner affect Trustee's or Len d e rs r t D M to r e a i(�upo n o r , :t ?�+,.
<br /> enforee any other securHy now or hereafter held by Trustee or Lender,ft hetnp agreed that Truste9 and Lender,and each of Ihem,sheY be ;�� ..�
<br /> entlUed to eniorce this Deed of Trust and any other security now or hereafter hsid by Lender m Tnutee in such order and manner as they a �� `.i� _
<br /> either of them may in their ebsolute discxeUon determine. No remedy Conlerted uPon or resenred to Trustee or Lender,is intended to be ,., �.�__
<br /> exctuslve of any other remedy in this Dead of Trust or by law provlded or permftted,but each shail be cumulative and sha(I be in add'�ian to • . :� y�,:., �.
<br /> every other temedY Otven in this Deed of Tnut or now or hereafter e�dsUng at Iaw a in equity a by stahde. EverY Power a remedY�1�en by the .:�—,�--_
<br /> Note a any of the Retated Oxuments to Trustee a Lender or to whkh either ot them may be othawfse enUtled, may be exerdsed. , , - ,; _ _
<br /> aoncurtentiy a independenriy,from Ume to Ume and es often es may be deemed exped�ent by 7nr5tes or Lender,and eithat of U►em may �_„i.,�,� =
<br /> pwsue ineonsistent remedies. Nothiry in thls Deed of Tnisi shall be eonstrued as proh�bitinp Lender Nom seekinp a deNderwy judyment ,,,�„�,.„.-.
<br /> ayalnst the Tnistor to the e�QeRt such actlon is permitted by taw. •
<br /> �rwny�uf Fea Notice. Tn�sta.on behalf of Trusta end Lender,hereby req�ests that a copy of any No��Detault and a copy of any Nottce •
<br /> of Sels under this Deed of Trust be metled to them at the addresses set forih m�no insS i+�wvarh at..... .�x Tr!`! _—----'�.:,�•._..___—
<br /> -�•.,
<br /> Watver,pxUon of RsrtNdies. A wehrer by anY DaRy ot a breach of a provision of this Deed o}Tnisl shali not consdtuta a wahrar of or .. ;�{-:�.-
<br /> preJu�s py partyy rt�hb otherwlse to dertwnd strict compttance with fhat provLslon a any other provislon. E�ecBon by I.onder to pursus enY _
<br /> remedy provided in tNs Deed ot Tnrst,the Note.in any Related Oxument,w provlded by law shall not exciude pursuit ot arry othar remedy. .. _
<br /> pgAorm s1w11 not af(ect Len� rip�ht�to tdectere a delaulttand�exerdse�of its wT��under this Deed of Trust after 1aliura of Trustor to . :-- .
<br /> Attaneys'Fees;ES�peeses. U�ender InsUtutes any su11 ot aCUOn to enfuce any o f t h e tertns o f t h i s D e s d o f T n i s t,L e n d e r s h e l l b s e r�i t l e d t o � .' T-
<br /> Invoivedgallhreasonabte e�eunses Incurte bgy Lendarr vfi'ch In Lende�s o pi�nlon are a�neoessery et eny Ueme fa the protectlon of Ib interesf a the , —
<br /> � entoroemant of i1s Ashts shaft become e pa+t of the InQebted h�inc ude,without iimitatlor�,however subtlect to8ar►Y 8mits un�d�r e(fptllCabie law.
<br /> � e�enditure until repald. E�enses Covered by thls paraprap
<br /> aca�anY au�t maUa stay or�Inlunctlontj,�eAG�g� 8°Y a��Pa���'1��m°nt c�ouectl�on�servlces,tne cost ro sauchtrp a� ' .
<br /> pwrtdt 4 by �pBCabl�9 taw. T�n�sta�also will payeY�urtycosts.rin a�UOp o a�ottwt surr�si provlded bY law�for the Trustee,to tM eztent --
<br /> tte
<br /> Rl�ts Of TnttNs.Trustee shell have ail of!he�iqhb and du0es af LsnQsr es set forth in this sacUon.
<br /> ppyyEqg AMD OBLtGATt01�78 0�TRUSTEE. The fo!towing pravfslons retaUng to the powers and obilpaUons of Trustee are paA of this Deed ot
<br /> � Trust. -
<br /> Rowus of TrnatN. In addlilon to aU powers ot Trusteo arislrp as a matter ot law.TrusLBe shaU have ttw powor to t�lce tha fdlowlnp�c0ons ,
<br /> teo
<br /> wlth raspact to the PropeRy upon the wriiten reQuest of Lender and Trustor: (a)Jdn in preperiny and fitirp a map or plal of the Real PropeRY.
<br /> tnctuding the dediceUOn of streeis or othet rfphts to the pubUO; (b)loln in pranUnp any easement a creatinp arry rsstrlction on the Real PropertY, �
<br /> and (c)Joln In any subardinaUon o�other apreement eNxUnp this DeeO o!Trust or the interest of Lender unde►this Deed of Trus�
<br /> � Trust�e. Tn�stee shatl meet atl qusllflcaUons requiwd for Trustee under eppiicabN Iaw• U adWtlon to the�Ighb end remedies set torth ebove,
<br /> f iorecla�sa by J dicial foreyciPosure'in e(t�ca�se�iia�nce w(1h and to the tuil mctent�provi�ded b�y aAptk�bla law�nde►shall have the dpM to
<br /> ' gucce�ror Trustee. lender,at Lenders option.may hom tlme to Ume appotnf a sucoessor Trustea to any Trustee appdnted hereunQer by an ,
<br /> j Ir�strumenf exxuted end acknowbdped by Lenciar and reeordod In the oifice o!the recorder of HALI County,Nebraske. The Insbument shail _-
<br /> contaln,in eddiSon fo all other matters requlred by state law,the nemes of�he orig�na�Lende►,TNStea,end Trusta,fhe book and page(or _
<br /> computer system reterence)where this DeeC of Tnnt b rocorded�and the nams and addrsss of the sucoossa trustse,and the insbument stws
<br /> be exeCUtsd a►d adcnowteEQ,ed by aD the baneAclerles under the Oesd o!?rust or theU suocessors in intoresl The suoCessor trustae�Wfl�out �
<br /> eonveyance o1 the PropeAyr,shatl suooeed to all tho tiue,power,and duHes confarred upon tha Trustae in thl�Deed of Tnist end by eppNeabie ,
<br /> Iaw. This prooedure ta substituHon ot Uustee shall govom to the exdusion oi afl other provislo�fa substitutlon.
<br /> HOTtCES TO TRUSTOR Al10 OTFER PARTIES. Any naUoe undtx thts Oaed of Ttust sMtl be In wriUng,may be be ssnt by teletacsimilio,and shaU
<br /> be eNeCfive when 8ctu81ry ddivered,or when deposited wlth a nsUonally teCOpnhed ovsmlyM Courie►,or,if mflllad,ShuU be deemsd etfective when _
<br /> deposRed in the UNted Statos matt Nrst ctass,certiNed w registered mail,postage prepald,dlrected to the addre^.,st�s shovm nesr the beglnning of
<br /> . !!�0�o!Tntsf. A�Y oaRp maY change ifs eddross for nottCes under thks Deod o}Ttust by gh+ing tormel w►fiten nodce to ihe other DeAles. —
<br /> specifyAng that the purpose ot the nottce Ls to change the party/s eddress. M copies ot noiices of forect6sme'�rfn�L`a i;otGsr c!asr{lR.rs•::N.;!i l�.ss
<br /> �+
<br /> �'
<br /> , . � . . .. , . _ . .. . . • ' . .., . ` �
<br /> .. . •.. - . • . '.. � ' . ' �. .� . .. . . - � .' - . ' . .�. . _, . . . . , ',' '�' ,:���.r- . ,.. .�� � . . .. _.. ' '. �.
<br />
|