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201�0943�
<br />If there is a default, Trustce afiall, in addition m azry other permitted remedy, at the reguest of the
<br />Beneflc{ary, advectise a� sell ihe PropErry es a whole or in separate parcels at public anctioa to the highest
<br />bidder for cash and convey absolute titte free and clear of all right, dUe and lnterest of Tn�stor at such time
<br />and place as Tn�stee designates. Trustee ahall give nodce of sale including the dme, tetms and place of sale
<br />and a description of the pzoperty to be sold as required by the applicable law in effect at the time of the
<br />pmposetl sale.
<br />Upoa sale of the Property and W the extent not prohibited by law, Trustee shall make aad deliver a dexd w
<br />the Property sold which conveys absolute tiAe w the purcheser. and after First paying all fees, charges and
<br />costs, shalI pay to Beneficiary all moneys advanced for repaira, tax�, insurance, liens, assessments and prior
<br />encumbrances and interest thereon, a� the prlacipal and interest on the Secured I?ebt, paying the surplus, if
<br />any, w Trustor. Beneficiary may pucchase the Property. The recitals in any deed of conveyance ahall be
<br />prima facie evidence of the facts set farth there3n.
<br />All remediea aze d3sdnct, cumularive and not exclueive, and the Beneficiary is entitled ta all remedies
<br />provided at law or equiry, whether or not expressly sec forth. The ac�eptance by Beaeficiary of any sum in
<br />paya►ent or partial payment on the Secar� Debt after the balance is due or is accelerated or after foreclosure
<br />proceedinga aze 51ed shall not c�nstiwte a waiver of Beneficiary's dght to require complete cure of any
<br />existing defanit. By not exercisiag any remedy on Trnstor's default, Beneficiary dae.v not waive Beaeficiary's
<br />right to later consider the event a default if it conc�ues or happens again.
<br />16. EXPENS'LS; ADVANCE3 ON COVENANT3; A'PI'ORNEYS' FE�S; COLLECTION COSTS. Except
<br />when prohibited by law, Trustor agrees to pay all of Benefic3ary's expenses if Trusror breaches aay covenant
<br />in this Se�curity Instrument. Truator wlll also pay on demand any amount incurred by Beneflclary for
<br />insuring, 3nsi�tin,�, preserving or oiherwise pmtecdng the Property and Beneflciary's aecurlty interest.
<br />� These expenses will bear interest from the date of the payment ncdil pa{d in fiill at ttte highest intete.st nte in
<br />effect as provided in the terms of the Secured Debt. Trustor agrees to pay all costs and e�nses incurnd by
<br />Beneficiary in collecting, enforcing or protecting Beneficiary's rights and remedia under this Secutiry
<br />Instrument. This amount may inclnde, but is not limited to, attorneys' fees, court cosLS, attd other legal
<br />expenaes. This Security Gistrument shall remein in effect nntil released. Truator agrees to pay for a�
<br />recordatioa costs of such release.
<br />17. ENVIRONMENTAL LAWS AND HAZARDOUS SUBS'PANCES. As used in this secdon, (1)
<br />Environmental Law means, without 1'unitation, the Comprehensiva fiuvironmental Response, Compensadon
<br />and Liabiliry Act (CERCT.A, 42 U.3.C. 9801 et aeq.), and all other federal, state aztd local laws, regulatioas,
<br />ordinances, court orders, attorney general opinions orinterpretive letters concerning the public health, safety,
<br />welfare, envuovmeat or a hazardous substance; and (2) H�andous Substance means any toxic, radioacdve or
<br />ha2ardous material, waste, poIIutaut or �ntaminant which has characteristics wkuch render the substance
<br />dangerous or potentially dangerous to the public heatth, safety, welfare or enviro�em. The teim fncindes,
<br />without limitation, any substances defined as °hazardous material,° "toxic substances," "hazardans waste° or
<br />"I10ZBI(IODB SUU8I8IlCC" under any Enviroamemal Iaw.
<br />Trustor regresents, warrants and agrces that:
<br />A. Except as previoualy d�sclosed and aclmowledged in writing to Beneficiary, no Hazardoua Substance is
<br />or will, be located, etored or releas� on or in the Property. This restrlction does not apply to small
<br />quantities of Hazardous Snbstances that aze geneially recognized to be appmpriate for the normel use
<br />aud maintenance of the Property.
<br />B. Except as previously disclosed and acknoaledged in writing to Benefic3ary, Trustor a� every tenant
<br />have been, are, and shall remam in full compliance witt► anp applicable Environmental Iaw.
<br />C. Trustor shall immediately notify Beneficiary if a release orthr�tened release of a Hazardous Suhstance
<br />occurs on, nnder or about the Property or there is a violation of any Eavironmental Law conceming the
<br />Prope�ty. In such an event, Tn�stor ahatl teke all ne�sary remediel action ia accordance with any
<br />Environmental Law. �
<br />D. TrusWr shall imm�iately notify BeneficIary in writing as soon as TrusWr haa reason to believe there is
<br />any pending or thr�� investi$afion, claim, or procceding relating to the release or threatened
<br />rele�ase of any Ha7ardous Snbstance or die violation of any Enviro�ental Law.
<br />18. C01�IDEIHINA'TION. Tn�ator will give Beneflciary prompt �rice of any pe�ing or t6reatened action, by
<br />prlvate ot publle entittes w purchase or teke any or all of the Pcoperty through eond�nation, eminent
<br />doma9n, or any other means. Tn�sWr authorizea Beneficiary w intcrvene in Trustor's name in any of the
<br />above described actions or claims. Trusto; assigas to Beneficiary the proceeda of any award or claim for
<br />damages com►ected with a condemnation o; other taking of all or any part of the Property. Such pt�s
<br />shall be eonsidered payments ami wilI be applied as pmvid� in this Security Instrument. This asaignment of
<br />procea3s is subjea to the tern�.v of any prior mortgage, deed of trust, security agrcement or other lien
<br />document.
<br />BamuHY MaaumotK-Cmre�nnm-NE
<br />VAAP� 8ankas BY�m
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