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<br /> � � (if)CnmmQnce an action to fo�eclose this Deed of 7rust es a mo�4gage, appoint ��
<br /> � a rec�iver, or specifically enforce any of the covenant�hereof;
<br /> '°^�`''''"� (iii) Deliver to Trustee a written declaration of default and demand for sale, an:i �.:�
<br /> .. a written notice of default and election to ca�use T�ustor's interest in the Trust Estat�to � .,.,:'
<br /> •1 be sotd, which notice Tru�tee shall cau�o to b� duly filed for record in the ap�rop�iatc�
<br /> • Official Records of the County in which the Trust Est�te is locatecl.
<br /> . t k.'""':--
<br /> :F. 13. FORECLOSURE BY POWER OF SALE. Should Benefici�ry elc�ct t� � �.-
<br /> `' fQreclose by exercise of thE Power of Sale here�n contained, Beneficiary shatl notify -
<br /> Trustee and shall deposft�ite�ditu e�s made a d se u ed h eby s�Tru t Q may =-
<br /> . � and �vidence o p
<br /> .. recei�ts =___
<br /> • require. g
<br /> (a) Upon receipt of such notice from Beneficiary, Trustee shalE cau�e to be �Y,
<br /> � recorded, published and delivered to�'PUStor such Notice of Default as th�n required —r
<br /> by law and by this Deed of Trust. Trus4ee shall,without dem�nd on Tru�tor, after such �
<br /> time as may then be required by law and aftor recordatio� of such Notice of Do�ault
<br /> ._; and �fit4r Not�ce of Sale hav�ng been given as required by law, sell the T�ust Estate at ,Ra
<br /> . �•,�� � the time and place of sale fixed by it in such Rf�4ice of Sale, either as a whole, or in ��F
<br /> ' ���f separate lots or par�els or items as Trustee shall deem exp�edient, and in such order _
<br /> � ���� ' as it may detem�ine, at pubfir,auction to the highest bidder fc�r cash in lawfu! money of ,
<br /> �A t er,rtpei States payabl���the time of sal�. Trustee shatl deliver tn suah purcfi�asez _
<br /> � � or pur�haser�#h�reof�ts good and sufficient deecl or dee�s conveying�n� pr��iciy a� _
<br /> � � sold, but without any cove�a�nt or warranty, exprass or implisd. 1'he re�i3�is in such
<br /> - deed of any matters or facts shall be c�nclusive htoof of the truthtulness therco�. �4ny
<br /> -�-,-•« . � � person, includmg, without limitation. Tntstor, Trust�e or Beneflciary, may urchase at
<br /> ..:'-v-'`:�:.• �' —
<br /> _:.<..::;,..,., such sale and Tn�stor he�eby covenants to war�ant and defend the t tla of such
<br /> �����:� purchaser or purchassrs_
<br /> .e...n:1Y!:ti�j'
<br /> :W�:��Fi^n��
<br /> . _�_:�� {b)A� may be permitted by law, after deducting all costs, gees and exponses of
<br /> -��- �_ Tr�stee and of this Trust, including costs of evidence of titlo in connection with sale,
<br /> '±�;��� Trustee shall apply the proceeds of sale to payment of(i) all sums exp�ndad under the
<br /> __=_�� terms hereof. not then repaid. with accrued intorest at Twelve Percent (12%) per
<br /> =..�:r���� annum, (ii) all other sums 4hen secured hereby, and (iii) thQ remaind�r, if any, to the
<br /> _-��'=�� person or person,�legally entitled therato.
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<br /> -�-- (c) Tn.istee may� in the manner provided by law, postponQ sale of all dr any
<br />_�:�::�5� pnrtion of the Trust Estat�.
<br /> =-�"°`� 14. REMEDIES NOT EXCLUSIVE. Triastee and Beneficia�l and each of them
<br /> --- ` ' - = shall be entitled to enforoe payment a�d performance of any indebtedn�ss or
<br /> 'v91-�iy� obligation� secured he�eby and to exercise all rights and powers under this D�ed of _
<br /> '"�"''��" Tnast or under any Loan Instrumen4 or other agreement o�any laws naw or herea fter in
<br /> ..�-�c�a;,+�
<br /> -,_,;,,: �.�►wo�c�s force, notwithstanding that some or all of such indebtednQSS and obl:�ations secur
<br /> ��=�'�"�'=' hereby m�y now or he�eafter be otlierwise secured, whether by mortgage, deed of =
<br /> -;,:1,-,, r..._. SF.ILER.PARKER �
<br /> -'"`?���� ` A MONCRIEF.p.c. trust, pledge. I�gn, assignment or othervuise. Neither the acceptance of th�� Desd of
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<br /> ,`�,;,,.': P.O.DOX188
<br /> _ HAS'RNGS,NE 68902 '`�'
<br />_ ° (402)463-)I2S
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