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' ' � _ .l � --__ __ <br /> . <br /> ' . �1i1h.M_7F.:'.r�h,.�. , ��7.... �.'..�.i ..�.rif;� "'�.Sir1�—�—,.. _ __:y.:il.�[�F`�S'Rl��v _"— '_____-__._._ <br /> r��wfi►' <br /> �7� 1U+���i� <br /> 'Pn�ceeds') In connectlon with condemnatian er other tEafnq p;�8 o ecu o In i�s own@ nemo o y acUon o�r F ocaeid nfla ca d ahalaelso <br /> Lander shell ba enUUed et Ite option to cummuncn,npp p �._ <br /> be entitlod to make any compromfsa ar settlement In connectlon with such taking or domege.In the event any portlon o}tha Praperty la <br /> s�taken or damagecl, Lendar ahall heve the opUon In fls sole�and absoiule discretlan,to eppty sll such proceed�, aTter tlod�ctlny <br /> therotrom all costa ond expenses Inr.urced by It In connection with such Proc.eeds,upon any Indebtednesa sosur�d hereby nnd In euch <br /> orcler ea Lender mey determinA,or ta ap�ly ell such Proceeds,�ft�+r suci�dadu.tions,te�lhe rest�retk+n oi 2hQ�rzyperty�Pon such con- <br /> ditlons as Lender mey determine.My epplkatlan of Prxeeds tn Irolkab;�clmss shall not extend or past�►a�+�+the d►;e date oi any pay <br /> mctnts under lhe Nota,or cure eny default thereundor or herpun+�Pr,Ati�y unapD��ed funds sh3:ll b9 p�1d to Trustor. _. <br /> B.Ptriamanca by Lendsr. Upon tha occurrence oi an �venS at p�t�iutt herounder. or it a+�y act fs taken or Icg�l prnc;.adi��p =- <br /> commenced which mateflally affNCts LandAra interest In the Property, Lender may ln itg own d:tr�+tion,bul w(thout obiigatbn to do so, <br /> and without notice to or demand upon Trustar an�i wfthout roleasfng Trustor(rpm eny ob'1�a1��,do Qny act whlch Trustor has agr�ed <br /> but falted to do and may elso da eny othsr ect (t deems necessary to protFSCt th�s�curity h€+mof. Trustor shall, Immedlately upon <br /> demand therefor by l.ender,pay to Lend�r 911 casts end expen9os Incurcnd and sums oxpendvd foy I.mnder In connection wlth the axer- <br /> cise by Lender o1 tha foregolnp righta,to{��iher wlth Interast thernon at th�def�+uft ratE+pravtd�+d in thi9 Nate,whlch shell be added to <br /> lhe indebtednoss secured hareby.Lender shell not Incur any Il�bi lily bscause oi anylhi►ag It srr�ay do or om�t to do hereunder. <br /> 9.Haurdous M�hrial�.Trustor shall keep the Property In oompUnnce with all npp�Gab�a lera�, asM4tances end regulntiana <br />. relating to industr(nl hygione or envlmnmAntal protectlo;�(anllqctivaly rofonAd ta her�in as 'Envlr�nnn�+nS�d l.�h�R')•Trustor shall keep <br /> the PropeRy frea(mm all substancas doemed to be hpzardous or taxic ur�der any Environnnent2l Lavwa(cx►�Ntr,�Jvnly referred to h9rein <br /> es`Hazerdous Materials").Truatar hAreby werrants end roprpsents ta L�nder that th�+re Am na HFUattloua lAaterfats on a undRr the <br /> Property.T�vslor heraby ograes to Indemnify ond hold harmless Lender,its dircrctora,offico�s,amy�k,yoos anci agents,and any succ�s- <br /> sors to Lenders interost,fr4m end against eny end ell claims,dam�ges,losses and li�b�itie�a�islnpl in cAnc�NCtbn wlth the presenr,e, <br /> use,disposal a transport of eny Hazardaua Materials an,und�r,frorn or about the Praperty Tla�FQR�(E[t!!IG WARR/WTIES AND <br /> REPRESENTATIONS, AND TRUSTOR'S OBLIGATIONS P�RSiJA�iT Tty TIiE FOFtEGC�fi�C 1PJp�MNITY, SHAlL SURVIV� _. <br /> RECONVEYMICE OF THIS AEED OF TRUST. <br /> 10. /tttipnmAM of R�nM.Tn+ator hereby assipns to Le�u+vr,and grents 4endor a sec�:;iry intt+rest fn, all present,future and <br /> efter a�islcig renta,issueu and prpflts ot the Property;provided that Trustor shall,unUl tha occur�nso af an�vent of Aetault,hereunder, <br /> have the rifl�t to coit�ct and retain such rente,issues and profits as they become due a�d payable.Upon tt�e+oceurrenca of en Event of <br /> qefault,Lendor may,elthgr In persan or by agent,with or wlthout bringing any acUan or proceodln�,or by�receiver appointed by a <br /> couft and without repard to the adequacy ot Re secur�i+j,enter upon and take possesslc�n of the Pro{�erty,or any part thereof,in Its own <br /> - nama or In the name af the Tniatee, end do eny acb which It deems necessary or doslr�ble ta preserve the velue,rr�a�cetabllfty o► <br /> ranfabillty ot Ihe Property,or eny pa�t thareot or Interest theroln,or tu Increase the Incvme thomfram or protect the saairity h�reof and, <br /> with or without taking poasessbn ai fhe Property,sue for or othenvise co119ct the ronts,Issues and proftts thereoi,lncluding thosa past <br /> due and unpald,by natifying tenanta to make payments to Lender,l.ender may apply�Ant�,issues and proBts,less coats end expena• <br /> es ot oper�tbn and colfectton Inctuding attomey's tees,ta any Incbbtedness securfrd her�by, all In surh orcier es Lenclermay detat- <br /> mine. �'ne eniaiiiiy iijiui�ni�t�Zci�;��$pcs�aoo a^a`4~a Qr�r°'t�;�Lh°t^ge��nn nt��imh rtsnls. i�suos end Profits, and the app!!catian <br /> thereof es aforesald shall not cure or waive eny default or notir,e ot defauit he�ound�+r or invgli�iate any act done In rosponse ro ounh <br /> deteult or pursuant ta such notice of default end, notvrithstanding the continuance in prass3ss:on of the properly or iho colleaCwn, <br /> recdpt and appikatton ot renta,issues or profits,Trustee and Lender sh811 be entftled to exerc3se every ripht prqvided fo�in any of thn <br /> Loan Inskruments or by law upon occurrence of�ny Event o}Oetault,Indudin9 without!Im!Catlon the rtght to exercise tha power of salo, <br /> FuAher,Lender�rl�hte and remadlea under thts paragraph shall be cumutotivts uit�,2�nd ic�no wey a Ilm(tation on,I.endar's ripht�end <br /> remedies under eny essignmpnt oi leaees and�enls recorded against lhe Pmpei3y.Lande�,l'rustee and the receivor shaM Ix�Ilablu W <br /> account�r�tyfor thaRe renta actually recefved. <br /> 11. Ewnb of D�hult.The foilowing ehall consUlute en EvAnt of Qefault w�der thls Oeed ot Trust: <br /> (a)Felluro to pay any Installrnent of prirtc(Ral or Intemst or any othe+r�um sdcured horeby when due; <br /> (b)A breach of c►r detault under eny pmvislon contalned In tF�e Nate,lhis beed of Trust,eny oi th�I.oan Instrumenta,or eny <br /> other Ilen or encumbranoe upon the PropeAy; <br /> (c)A writ of executbn or ettachment or any simllnr process shall be entered�galnst Trustar which shall becane e Ilen on <br /> the property or any portlon thareof or Interest theraln; <br /> (d)Thare shall�e filed by or agafnst Trustor or Borrovrc►r an action unct�er eny present or future tecieral,steto or olher statute, <br /> Iew or rsputatbn nlating to bankruptcy,Inaoivency or othsr n►INN far dsbbrs;or there�hali be appolnted eny Wstae,recelver or <br /> Hqutdalor of Truetar or Barrower or ot ell or any pan oi the Property,or ttw rents,Issuea or profits thereof,or Trustaor Bormwer <br /> ehall make eny penarel a�signment for the benefit oi creditas; <br /> (e)The sale,trenster, lease, asslgnment, cawayance or turther enCUmbranc�oi all or any part of or any Interost tn tl�e <br /> Property,efther voluntadly or Involuntarily,without the express w�itGen consent of Lendar,provided that Trustor shall ba permit- <br /> tea to execute a leaae of tho Property thet does not cortt�ln an opU��n to purchase and the tArtn of whlch does not exceed one <br /> year, <br /> (Q Abencionment of the Properly;or <br /> (q)If Trustor ts not pn individuel,the Issuarxe,sal�s,tr�nsfe�r,�ssig»mont.conveyance or encumbrance of more than(tf e <br /> co�poretion) e total af percent oi its issued and outstandfng stock,or�q a partnership)a totel of per- <br /> — cent o( portnership Interesta,or(if a Ilmited IiaNlity company)a total oi„ percent ot the Ilmited ilability compa- <br /> ny inlereste or votk►g riphts dudng the pedod th(s Deed o1 Trust ramains e lien on tl�e praperty. <br /> — 12. Rtmndie�;Aacekrstlon Upon D�►1R.tn the ev�int oi�ny Event qf Oefault Lender may,wlthout notice except as required <br /> - by law,dedaro all indobtednoss secured horc�tzy 3o ibe dus end paya4b an�5tro�same shall lhereupon become due and payable with- <br /> out eny presentmont,dom�nd,protest or notice of any klnd.71�reafter Lende�•may: <br /> (e)qemand that Trustee exarclse the POWER OF SALE granted hereln,and Trustee shail thereaRer cause Trusta'a Inten <br /> est In tho PropoKy to bo sotd and the proceeda to be distri�utad,all In the manner provided in the Nebreske Trust Oeede Act; <br /> (b)Exercise eny end ull iiphts provldQd tor In any oi tho Loan lnstruments or by law upon occurrence o1 any Event oi <br /> DotauR;antl <br /> (c)Commoncw en actfoo to foroGose this Oced of Trust es e mortgege,appolnt e recelver,or speci8cally enforce any of the <br /> _ covenanta horeoi. <br /> - No remedy her�in confen'rid upon or reserved to Trustee or Lender is intended to 6e ezciuslve of ony other remedy her�ln,in the Loan <br /> Inalruments or by law proviciod or pormitted,but each ehall Ga cumulative,shall be in edditlon to every other remedy g�ven hereunder, <br /> ' In the loan InsWments or nrnv or hareaftor oxlstlng at law or In equity or by statute,and may be exarcfsed ooncurrently�Nidependently <br /> fN 3UCC8S�V81y. <br /> � 13,Trustw.Thu Trus:au mAy rosign�t ony dmo wfthout cause,end Lender rnay aleny tlme end without causa appalnt a sua <br />'1 ce:sor or aubstitute Truete�o.1'ruslao ohall not be Iiable to eny party,Inciuding without IlmllaUon Lender,Barrowor,Trustor or eny pur- - <br /> = chaser of the Property,for t►ny+uus or damngo unloss duo w reGcless or willful mlaconduct,end shall not be requlred to teke any Actbn <br /> - in oonnectlon v�rith tfie c�nforcomont af thi�Uoed nt 7ruat urtless indemnifled,in wdtlng,(or oll costs,compensatlon or axp9nses whlch <br /> mey be associated therewith.In addition,7ruutee muy become a purchaser et Hny saie oithe Proporty Qudicfal or underthe power of - <br /> '�1 sale grented hereln);postpone the sale of all w any portlon of the Properry,es provided by law;or sell the Property as a whole,or in <br /> '= separate parcels or ints at Trustee's discretion. <br /> 14.F�es snd Exp�nses.In tho event Trustoe se11s the Property by oxerclse ol pc�wer oi sele,Trustee shell bo enlitled to apQly <br />;,;� any sele proceeds firet to payment of all costs nnd oxponses of exercfsing power of sale, induding all Trustee'e tees,and Lendors and <br />- Truatee's ettomey's fees, actually Incurred to extent permitted by applicable law.In the erent Borrower or Trustor exorc�ses eny�ight <br />-- provided by law to cure en Event of Oefault,Lenrler shali be entiUed to recover irom Tmstar ail wsts and expenses actually incurred es <br /> `° e result of Trustor's detauit,Including wfthout Ilmitatlon eil Trustee's and attomoy's fees,to the extent permitted by applicaWo Iaw. <br />�� 1�.Future Advancu.Upon raquest ot Bormkur,Lender may,et ita optlon,meke addltlonal�nd future edvnmces and read- <br /> - vances to Borrower.Such advences end readvances,with Interest thereon,shall be secured by this Doed ot Trust.At no time shall the <br />