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<br /> ' �proceeds'�in oorsnedion with oonQamnatian or otttaf taWng of the PropeRy or part tfisreat.or for conveyanoe tn Ileu oi condemnatian. � _t " �
<br /> �". L Lender shatl0e enti8ed�t ib opHon to oomrs�enca,sPP�ar in an0 prosecute in its ovm r�art�a arry actlon ar prooeedings.and shall a�so ., ; .��.•�
<br /> .. .. _ be erititted to make arry oompromiss or seWement in canneGion with sud�taidng or damage.in the event any porticn of the Property is �-' ,;;;.•; ;�'` ``�
<br /> � so taken or damageQ Lendar shalt have the optio�ld.its sote and absolute disaet►on.co sAA6/ea such PmoeeQs. after deduding ;,,�,` � M1�.``,..��;�;
<br /> ` therefrom ell oosts end exRenses incumad by it in const9�n with sud�Proeeeds.uDon eny indebtedness seaued hereby and in sucA ' ` . �4 . �:::
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<br /> • `, order es Lender may determine.or tn aDPN alt su�PRsGeeds.aft�r sudi dedut�laas.tn the reslcraSon oi the ProPBMY�Aon such oon- �. � , . ,
<br /> a . •..
<br /> ` �tions es LenQer may determ(ne.AnY aOPliptiot►af Ftooeeds to ir►debteMess shatl not�ctend or postpone the due date of amr pay- : <_,�,�•.:,',.�' ,�<.'
<br /> . , :,.� ` asenb undar fhe Nota.or cure eny default theraundar or•nereun Q er.A ny u�p D li e d f u n d s s h a ll b e p a f d t o T n i s m r. �;'" • ,<<,..;. •.t,
<br /> • � �•� 8.pa�4Omsanee b y L ett d�r.t l pon t he o o c u s r e r t n 9 o f a n E v e r rt a f O e�T a W t h e r e u n d e r.o r i f a n y a d i s t a k e o or le gaf proceedin g . �<4. .: '.,�. ; .
<br /> •.; .,;�.,x. :...
<br /> � - � � mmmenoed whid�mate�talty affects Lender's interes2 N the PropeRy,Lender may in its own discce�on.but wrthnut obtigatinn to da so. �.� f,._.,_-;. .
<br /> � `.. � and wfthcut naboe to or demand uRon Tn�stor and n�uut reteasing Trustor from any obGgatian,do arry aet wh1d�Tncstor has agreed
<br /> �. .
<br /> {y�{�d���may alsa do any other ac3 ii deams naoe�ary to protect tha security hereof. Tnistor sha0,immediatety upon � __ s _
<br /> demand therefor by Lender,pay to Lertder eU oosLg as►t10x�enses inatmed and sums expended by Lender in oonnection with the exer- .
<br /> } � �:.,c`• ase by Lender of the toregotng rights.to8sther wltA iat�rast thereon et the defauft rate Pravided in the Note.whid�shall be added to E . - - �
<br /> � the indehtedness seaued hereby.Lender sha7 not�asr snY I'�abiimt because of anyLhing it may do ar an3t ta do hereunder. =�.--<:_______________--__
<br /> , • . 9.idazatdous El4ateriata.Tn�sbpr shaii tu�y tha�Fro�sRy in campt3anoe wftl�afl appGcabla taws.oN'mances and regulatlons t..: . ', .
<br /> sha :. �',�.
<br /> � , : . ref�ing t�industrial hygiene or emriconme�ai pratet�:(coltectivety ceTemed to harein as`6nrfmnmerttal laws7.Trusmr sha0 tceep :`� :_':-:?,. °�.
<br /> , thB pcoyetty icee fiam aU subsEances dee�ned to 68 ri�ous ot tos��mder any Environmentat I.e�r�s(ooffec6vefy teferted tn he�i� . :�
<br /> . m '- .
<br /> , ° ` ag'Hazar+ious Matariats7.Ynistor herebp eramaat�and:ceptesenta L�Lender tlmt there are no H3zardnus Matariais an or undar the ; ._�,.,
<br /> , P�opeRy.Tn�stor her8tsy agrees t�indertmii�/ar�t�a1�t�nnless Lender,its c4trecWts.otiit�rs.empfay�es erc�aSec�ta.artd en!►suaoes- ���.''' ;• . ,
<br /> � �` `` sors tn LendeYs intetest.�rom and against any as�d a14�ti3ims.damages.tosses and I�abitfies arising in cannec6on with the p�esenee. �.
<br /> , '. � �' use,d'isposal ot ttanspart o#arry Hazardous Materiaff on.under,irom or about the Properiy Ti-1E FOREGOING WARRANIIES AND � .- _
<br /> ` REP6tESENTA'ftONS.AND TRUSTOR'S OBLlC�iL3k�MS PURSUAf�T TO THE FOREGOING IIdDEflANfTY.S:iALL SURVNE �_:, `` r . A�.,s R-;
<br /> � < . , REWNVEYIWCE OF THIS OEED OF TRUST. :. "' ' ��"`=��.`;°r
<br /> ` , 10.Asstgnmon4 of Ree�.Tn�sOor hereby a�ns L�Lender.and 9��Lendsr a seaui'tY interes't in.aIl presetrt.fu4ue and ;;'<,��.`_ ,.. �.�.�-,;�_.
<br /> .� - ; �6er ati�ng�r�ts,issues and pc+�'its of the Praparilt;�ed that Trustor shafl.urtEf ihs ocournenfle ef an Everd of Default,het�der, �'�::u =
<br /> �.: .' Rs�►e tl�a rfght to coitect and retain su�rents.tsa^s�2�profits�s they Geooma due and payabla Upon the acxumence oi an Event af �, .� ;
<br /> _::'�:• q�fautt,Les�der may.e�her in peison or isy ag�r+t.wititi ar v�tfiout bdnging acry acdon or proceeding,or by a recefver appointed 6y a < _;: , ,,,.. _.,�,
<br /> - � ,.< ' . .
<br /> caurt snd without regard to the adequ2oy af ds se�st7t�enter upon and take possesston ot tha Propacty.or arry part thereof,in iLa own `-' �-.;�.�
<br /> °� , name or in the name of the TtusCee,and dc at►y 8�whtd�it deems ne�essary or desirable W paesen►e the vafua.marKetabifity or r',� � �;' � ,� :
<br /> � `r`,�� s� � �
<br /> " rentability►ot ths Property.or any par!tl�et�fcn in'Eatest thetein.or to inaease the incame fharefrusn or pratect the seauity hereof and ,:,�%;:�,}' . °:
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<br /> ' ���:��� •�;�� tssues and pratits thereof.Induding those past f
<br /> .. �,. �• . � with orwfMout tafdng pnss8ssion of the Pcoperty.su�fat cratheadse ooltectthe rents. : , ,.�'�;�:�:;
<br /> .. _: �,r;:� dae and unpatd,by noliE�rirt9 te�m make payr�pnts to Lender.Lender may appty rents.issues and profits.less oosf.s and expens- 4 F �,��-,�, �
<br /> f _ es of opera8on and cottadion fnctuQing attomsy'a fess.�o arry indebtedness sees�l hereby.all fn such o:der as LenQer may deter- �
<br /> ;.`-,:.. r�' n a n d t a k i n g p o s s e s s i o Q►a f-t h e P r+o p e r t y.t h e o o"a�ti o n a f s u d�re n b.issues and profits.and tlis appIIca9an � ..�,..�� �. ;,
<br /> .,+.-`.,', .: .:a m i 1 t9.Th e en�'�n 9 u p a .
<br /> .•�'�:' theceat as atoc�sald shaQ not aae or waiva anY d 1 8�a u l t or no tice of defauIt Asreuader or invaftdate arty acR dons in response to such . .;.,�� . ,�_ ,_•
<br /> . defautt or pu�mnt w such rro�ce ot defauf3 antl;•noNuiUistanding the ccnUnuanoe ir�PosSession o1 the pmpeirty or fhe ootlecUon, . � _ ,;
<br /> ' � . ��;�r.': �cetp!art�appltcaUon oi rents,issuss or prafiC�,Tnustea and Lender sfiatl be entic`�s�f��ce�ise every dght provided tar(n am►uf the _�.
<br /> � Loan Instrumenb or by law upon occurrence of�ty Event af Default,induding wiB►oicrUmStaUon fhe right to exercise Ute power of sate. ;`..��',,',.:,
<br /> ° �»%'• Further.Lenders dghts and remedies�mdcr Ui�s�Ara9raDh shaU 6e aunulative Hrftt�,�td in no way a Um�atlan on.Lenders dghts and :"• �• . �
<br /> , "�,"�..�� � remedies under any assigmnent of teases and rents reooNed against the Property.Lender,7n�3e and the recc:ehrer shatl be i'rabla to �`����t'•�
<br /> ., �'�='?+ . acwunt onty for those rents actualty rece€�. � e .,�`�'t'��
<br />':r.'�., •.���`�",o�;:r.,,..; � . .
<br /> `t���"�''. ;.; 11.Eve�s o!Qafautk The foltowt s�!oon�h�an Event oi OetaWt under this Dee�o�F�zcst �', `'?c �'�r-�
<br /> � �+ . ;�i:�..�-.
<br /> , �. � 'c � (a)Faifuce Lu pay any instattment ot prf�pal ar i�rest or any ott�er sum secuted hereby wt►en due: . � ',;,F"-==.=
<br /> ' � �, � (D)A Oreach ot or datauit anCez ar�y provtslon oontained in the Note.flUs Deed ot Trust,arty of the Loan Instruments.or eny ,� ��'•+'A' Y �`
<br /> `:;:�',�`:: .�;• otherlien orencumOrance upon fha Ptoy�Ry: ::". , •,�e:--
<br /> .,.�ri�,��,; � (c)A writ oi execudon or athad�mem��or any simitar pr+a�ess shafl be entered against Tn�stor whicA s1taU beoome a¢sn qn tr�. �
<br /> . � the Property or arry portlon thareof or In��rest therein; �,;�w��
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<br /> (�TAere s1�aU be filed by ot agaUr�t Trustor or Borrowor an action unQer arry present or tuture federat.state or other�ie. �,��,
<br /> ' taur or ragulaUon retatlng W bankru�v�.tr�olvency or other reitef tor debtots:or fhere shall be appofMed any truaLae,recotver oc r ;� _.s_.
<br /> � ',� liquldatot ot Tntstor ar Borrowat or a!&ll ot erry patt of Bte PrapeRy.or the renTS,issues or pm8ta thereM,or TcusOor or Bomavrer ��Y --_.
<br /> � '��"3.. �
<br /> -� �n.,� �::'`. shail make erry general assignmeni far tha benefit ai caed'dor� ' -
<br /> ��y��, � i+ (e)7he sate.transfer,feas�.s�t�nmsnL oonveyanae or tWrther encumbrgnce of a1t or any par!of or any intermst in the ��`���` ----�
<br /> '�•�`S,'c'irir_: = i�op0tty.eilher volun�ity or im�otur,tarfly,without tha express w�tten ocnsent of I,ender,pc�rided that Trustar shaU b�permit ° '
<br />== . 'f.,�,�'` • "� tea to execute a tease of the PropoRy thai dass not eontain en opUon to puttfiase and 1�e C�enm af whieA does r+at exoeed one ?"�k-`�`-..�•-
<br /> •,-_�-.�_�_.:
<br />_" ' t• l �:TSr4'1l�i`�'.
<br /> � . S Y8� - -
<br /> ' , � (Q Abandanment of the PropoRy.or _ -.
<br />;� : y (g)it Tnistor is not an inCPridu�h 4ha issuance.saie.transfer.assignment,conveyanoa or encumbranoe of more than('d a � -�� :
<br /> :, � ' • corpc�tion�a tofal of �oent of Its issued and outstanding stock,or�f a partr�e�ship)a total 01 per- Y.' }��r� , 1.
<br /> : .•, � cen4� paRnetship(ntetesb.ot(i10�mI0e0 liebility oomPat►YI 8 t�i o! per�ent oi tl�e llmlted IiahStit�aam�a- _
<br /> • ;'�'� oy icibr�ests or votfig dghts dudng th�perlad this Deed o!Tnist remains a 13ar;ffn the propeRy. -:
<br /> ,,; :.��
<br /> _ . � - �. 12.ltemudlos:Aeceferation Upaa Ovlatt!!.trs tt�e evartt at any Event ot Qc�`�J;t Lender may.withoul nat6a3except rts�equtred %. •. ,
<br /> - • • � . Ir.,�law,d�ne all tndebfeMess seaue0 tr�eby to ks cU.u�and payabte and the s�.^2.rro shall thereupon became dfue and payabie with- .
<br /> cut erry Rra�:bnent,demand.Prot�t oa r�ttce o!any&in0.Theres.'�c Lender may:
<br /> = �. �`k���;,;,`:.:}:��� (ay�Demand that Tniste�exa�d�o tha POWER OF SAtF tt�nted herein,and Trust�e sfiaU thereafOar caus�s Tn�saca`�inter- . � ,�;�:�.'.'
<br /> - • �f� ¢f}����: � est in the Pr�cpeRy to be sotd an4 E4�ra prooee�s to be dl�r.t��i:��t�in the manner provided in the Nebraska Trust De�l� ���,,y��
<br /> _- ��,�:--�� �.'� � (b)Exercise any and ait dgM��roviQeA fa��eny o°+t:�loan Instru�r,eets or by law upon occurr�noe oi a.ry E�nt ot ; ,
<br /> � � Defau(X and
<br /> -� ' . _ . . .,
<br /> _-°. <�' :, . (c)Commenca en acUon to fosodusso fhis Ceed oi Tnrst as a mortgage,as�lnt a recelver,or spedfic$1�r ertfara�any oi the
<br />�_`i .'. '.,;;+;"� covertantshereoi .
<br /> _ :;:;. Ko remedy hereln oonferred upon or re�ee�ad 4o Trustee or Lender is inter�ded ta be exdusive ot arry other rert►edy Re�ir►.in t�¢Laan
<br /> :,�;,` • • tnsbuments or by law provided or porm`:tio0,bi.R esoh shall be cumulaUve,shall be in addldon to every other rerrtedy givere�:�der. .
<br /> � � In the Loan tnsWments or now or hereat��xistlng at law or in equftyr or by sfatute,and may be exerdsed cona�sreaUy.IndependenByr . ,
<br />-:�- . � arsuocesivery. ' " . :
<br /> �_ .. � � `• � 13.Tnta�to.The Trustee may resig���!�ny Ume vr3thaut causs,aad Lender may at any Ume and wflhos�cause appalnt a suw :�: :
<br /> • eessat or eubstlG�Trustea.TrusLea shail r.ct be Ilabte tu any party.including wlthout IimitaUon Lender.Bortower,TnisOOr or eny pur- .
<br />- '- chaser o!the Property.far any Iass or darr�ga unte�s dus�o rectdess or wi0ful misaonduet,and shatl not be requited to tetce any aeHon • �
<br /> =- ' ' � in aonneWon wilh the enforcement o1 thi�06ed ot TniSt uniess irbamnifled.in wtiUng,tor afl oosts.cumpensaUon or expenses whicA • •
<br /> � � may be associated thersw3th.tn adQiUan.Tnrstee may becomo e pur�aser at any sa(e oi the Property(judidal or under the povrer ot .• . • .
<br /> '-` � " sa2��arrted herein);postpone tho sate ot aU or any pordon ot the PropeRy.as provided by lavr,or sell the Property as a whote.or in : , . . , •
<br /> "� . - separate paraeis or loffi at Tnistee s d1s�re'scit -_ ' .
<br /> -_ ' � ' . 14.Feas and Enponsea fn No evar,t Trustee seUs the Propetry by exerctse ot power af sate.Trustee shall ba entiUed to appy .
<br /> � • � arsy sate proceaQs fl�st to payment af e0 ccsts and expenses ot exerGsing pourer ot sate.including afl Tnistee s fees,artd Lende�s and � � , •
<br /> . - Tn�stee's attomeys fees, actuaUY incurred 4n oxtent partn(tted by appilcabis law.ln the evert:Borrower or Trustor exerdses any rigM •
<br /> • , provldad by taw to cure an Event o!Oetault;Lender shall be entiUed to reoover irom Trustor atl costs and expensas achiaity incurrod as . •
<br /> � . . :::' . ,. . .
<br /> �•� • � • ' � � e res�ilt oiTtustars detaul4 inciuding Y�ithGUt IimitaUon all Trustee's and attomeSls tees,to the extent pertnitted by appiicabte law. • .��
<br /> :. . , .
<br /> •;, - =5.�ulurs R�va�.lt�ts rs^..e[est o!�arrov�rar.Lender may.Rt its option,make addiNonat and t�ture eQvanoes and read-
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<br /> ' vanoea to Borrower.Such advances and roadvances,witb interest thereon,shall be securea by this Oeed oi Trust At no time shall the
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