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_� -- — -- . ..,��,; �.-.�..�,.,�,�.�.r <br /> �,:�.o,w» <br /> ` .,"►� �,,,., �:a�-,r�=-"-- -- --- <br /> '�I � . /: . . _ _ d1�.��4,Lt,��fl.~".ai,�w—����____ <br /> _� ,;jt;J�:tl.L:1!�.-_"r.r�rrwcww=_ <br /> ._____""_�_ —y �.L._�v_�_3•%r.3:���.L�_i m..... <br /> .�.8a—�:�'m�a�..s. <br />.�1L:!ir�- ---- — ^_ ---..... <br /> ' 104�9 <br /> •proceeda')In conneclbn with condemnatlon a other takinq of ths Property or peR thereof,or for�veyenrw In�leu oT ca►dsmru�tlon• <br /> Lender shc►ii I�o ontilleA at Ita optian to commer►oe,eppear In enct proeecute In fta own nertse eny actbn or prac�d�r►ga�e�d sheN aleo <br /> bo enliHed to make any compmmine w settlement�o conneGtion w��h such takinq nr demage.[n the evenl eny poRlon of the Property Is <br /> so taken oi dAmped.Lendsr ettnll luve th�optMa� in It6 sola end ebaolute dlscretbn, to apply all such proceeda, aftet deductin� <br /> ry�f�qm a1�conte end expmsas Incurred by k 1�con�sctbn wiih auch Pro�eeds,upon any inch6tedne�a ser.u�ed herobY and in�uch <br /> ord�r au Lnnder mey detsrmine,�r to eppiy 611 such Proc'.aad��pnOf bllCh dQdUCt1011s,to the rostaation ot the PropeAy upon such con- <br /> didons ee I.onder may dslertnino.lu�y appiic�tbr►of Proos�ds lo indsbt°dne�s�°hs�l n�t extend or postpone the due dato of eny pay- — <br /> ments under Ihe Note,or curo eny tlqfeufl thorounde►or hereunder.My unappNed funde ehall I�e pgid to Trustor. <br /> g,p��pryn�nc�by L�ndar.IJpon lhe oc�urrdnca o4 an Evcnt af O�tault horQi�rtde►,or��any acf is taken or legal proceeding <br /> commencsd whtch metsri�My sffscla I.snder'a interost In the Ptop�►Ry,Le�xier mey In fts own discretbn,but without oblipation to do s.�, <br /> n�d without notica to or demand upon Tn�sta end a�thout roleaatnp Truetor irom a�y otslf0ation,do eny act whieh Trustor has ar�re�ed <br /> but fal{ed to do end msy also dn eny olher act N deems neceasary to protect tha secudty hereol.Trustarr shall, imrnediately upon <br /> tfemend p�emfcx by Lender,pey to I.�mler all costs and expenses lncurred and sums expended by Lender in connecCan wilh the exer- <br /> clae by t.ondnr of lhe foregdng righls,I,ogether wflh intereat theroon et lhe defwuR reta provided in the Note,which shall be added td <br /> Ihe Indebtndneaa securod hereby.L�snder shall not fncur eny Ilabltiry because of anything It may do or omit to do hereunder. <br /> A. Hwrdou� MabNa�s. Tn�strlr sheN kaep the PrapertY ��comP�iance wilh at!aRpfica�la lawa, ordtnances and regutetions <br /> �latlng ta IndueUial hypfene or envlmnmentel prolectian(coltectively reforred to hereln es"�nvironmentai Laws').Tnrstor ahall keap <br /> �p��yr free(rom eN substances d�!nmed to be hazerdous or toxk under any Enviro�mentel Laws(coNecOvely refert�ed to herein <br /> ea'Hazerclous Materials"),Tnistor homby warranla and represents to Lender that there ere no Hezerdous Materials on or under the <br /> Property.Trustor hereby egrees b Indmm�(fy and hold harmless Lender,its directoro,ofticers,empbyoes and egents,arxi any succes- <br /> s�s to L�r�r's inlsnst,}rom and apel►ut any and eM dakr►s,damwpea,bsses end liabtiitbs srislrtg In connectbn vrith the Pre!aence. <br /> �{�{-�;,�T 1T��N$ANrf�Tr"•USTQ� BL�lGA ONS Prl1RSUANY 7�0 7HE FroORE 301NG ION�DEMNITYWSARLL'SIURV�IVE <br /> RECONVGYANCE JF THIS JEED O. '1'F '1ST. <br /> 10.Ass�pnm�^t of R�nb.Trusmr fbrobY essl0ns W Lsnder� and 9ranh Lender a securitY Intsrest fn. aM PMSSr�t,fuhxs and <br /> eRer erisinp ronb,Isaues end proRts of Ihe Property:p�ovidad Mat Trustor ahall,untll the occuRence of en Event of 1)etault,fsereurxler. <br /> have the tfpht to collect and retsin s�ict�nsnte,issues and prorits aa tl►eY bt►cwr�e d�e a�'�d PaYable.Upon the occuRence af an Event ot <br /> [�efaull,Lender may,efther in person or by egent,wkh or without bri�91n9 eny acHon°r p����9'a�Y e��appointed by a <br /> awrt and without�egerd to the adequa.ry af Ns security,entar upon erxi teke possessb�of the Property,or any�art thereof,in fts own <br /> nerne or In the nema M Me Tn�stee�anci do any ecb whlch it deems neoessary or deairoble to preserve the value,macicetel�ilitY or <br /> rontaiANty o(the Property,or e�Y Part thrersM or MOe�►t theroin,cx W incresse ths inoame tF�re(rom or pratect the seaxNY heroof and. <br /> wNh or witltad tsking Posssssion of Ihe Property�we tor or otheM1+fse crollect tix, rents�issues and profits thereol�Mx;k�din�tlwse past <br /> dw end unpeid�bY rwtihAn�tenants lo�s►ake payrr�ents to lender.Lender may epply rents�la.�uea end(xofits,{esa cosb aRd Axpens- <br /> es of operadon and colisction IndudinA sttomeys fees�to eny indebtedness socurod Mroby,alf In sucfi order ea Lender may deter- <br /> ..,,.,� �.�,�.rwx����nn and t�icina��Uasstalon of the Property.the cdlection of such ronts,issues end profita�and the eppllcaUa� <br /> ......_. ..._ _.. _ . --•�--- _Y........ . , <br /> � �f�P. <br /> t1►er+eM ns atorosald shaq nat curo or waive any defauk or notfce�W deteult herourwer or i�s ie n�iy n���o�� the r.dlec�lot�� <br /> default or pu�suAnt to such nofke o(dsfauit and� rwtwithatandi the oon8nuance in ion ot the opaty <br /> o,o,Ipt,M,d appllcatlon or rents. �ssues er profice�rn,stee end Lenaer snau be entltlea co exerase eve►y right providsd Tor k�e�+►y ar u,e <br /> Loan Inatrume�nta or by lav+upon occurtsnce of ar►y Event o(Defautt,Induding without Ilmitation the�ight to exeroise tl�e powe�ot sele. <br /> �u+�'�,Lsr�ar�r?gh��rr!remed!���and ronta recorded tagainsthe Pro(»rtY•�Lender.Trustee andithe recefver shaM be Ilabid W <br /> rert�edbs under sM+aas�rr�en <br /> a000+�m a,iy wr nwee ronts acaully recsivea. <br /> 1�.Ewn1s d OMauit.The followfrW ahall constlWte an Event ot Detault urMar th(�Deed oi TrusG <br /> {e)FaRuro Eo pay any Instaliment of prhx�pe�or�nterest or eny other surt+secured herebY when due; <br /> (b)A breach d or detault uoder enY Provtslo�contained in Bie Note�tMs Deed ot Trust,any o�ths Lt�sn I�atrtxnents,or enY <br /> other Ilen or encumbrance upon the PropeRy: net TrusDor wt�ich shall bsooma e lien on <br /> (c)A writ a�F execu8on or att�dxnent or any s�mHar procass shall be entered agai <br /> Ute Pt+uperty or wty porUon tltero0f or fnterost therein� <br /> (d)There shall be filed by tx a9ainst Tnasta or Borrower an ection undet eny present or iuturo�eder�l�3taM or Wher ataWts, <br /> M�w ar npul�tlon nl�ang m aanlwpk,y.In�olvsncY or other roBei tor debtonc a thars shall bs�ppok�ted�nY trus�ae.noetver« <br /> Ilqi�b�d Trusbor or Borcower or d all a any part d the Property.or the ronta�issues or profits tl�sre�M�or Trustor or Borrowe� <br /> ehaM m�ke amr penerel aaai9nment ior the beneflt of tx�sditas; <br /> (s)The aab,transfer,le�aae. eaeigr►ment,co�veyance or turtfiar encumbrance ot ell a any paR ot or any interost In the <br /> pmopsrly,eithsr volu�tarily rx�nvoluntarily�without the e�ross written consent of Lender:Provlded that Truator ahaN be pennR. <br /> iad b�xea�os a bese ot ther'P�opertY riwt doea not contnin en optlon to purchase and the lertn of whkh does not oxoeed one <br /> Y�� <br /> (Q Abanddnment of the P�operty;or <br /> (e1 If Tn►s1fl�b not an Irxihridwl,the h�war�ce,aeb.tranafer.asaignment,oonveyance or enWmbranos d moro than(if a <br /> axporadon)a Eota!of percent of fta Issued and outstarxiing stock.or(it e paRnership)a botal of �- <br /> o�nt of partnKShip Interosl��a(if a IimMed NaDUfty oomPaeY)e totsl of Percent a�the Nmited ItabNfty oomPa- <br /> ny��a�g dgAts�herkp the per{cd thFs Deed of Trust rert�sins e lien on the propedY. <br />- �2.R«n�dMs�Acp�+�on tlpon p�iwlk.In the event oF a�y Event oi Defauft Lender rnay,wfthout notice excapt ae requked <br /> by law�dsdan ell kxiebledness eecuted hereby to be due end payeble and the same shall tAereupon benome due and p+ayat�b wfth- <br />-- out any proeenonent.dert�snd.proieat or nodoe oi+�ny kind.ThereaRer Lender may: <br /> {a)Dem�d thet Trustee exenclae the P01A►ER OF SA1.E pr,rnted herein,end Tnntee shaA thsrselEer cause Trustar'a hMr- <br /> est In the Property�o be sold and the proceeda to be cllstribuSed�all In tl►e ma�tner prc+Yrc�ed In the Nebraeke Trust Desds/kk;t: <br />__ (b)Ex,erdse eny and ail righte provided tor in any df Qhe loan Instrumenta or�y �aw upon occurronce uP enY Event ot <br /> Defs��lt:And <br /> (c)Catrwr�enot an actlon to foreciose tMs Deed ot Tn�st as a mortgape,epPuir.t a reoeiver�or sPeciflceNy�nfo�os anY d tlw <br /> opvrnon�s horeof. <br /> No ranx�dy herd���terr�u�o�r�itt�bu�ea�c�h�s�t�a be a ulaUve,shaB be fneaddiSHa►to everytoether remedy flhren hereuntler, <br /> = Inatrixvxxws or by ' Prov <br /> In the�oen Ir,sEnx�,Cs or now or hereafter exlsBng et law or in equtty or by stetWa,end may be exerdsed cQacurrenllY��ndePendenUY <br /> cir�artoq. <br /> � 13.Trutla�.Tt�7ru�tee may resiyn at any tlme withwit cause,and Lender may et any time and without cause appant a suc- <br /> ' qq�a�t�Ynnaea.�rustao chall not be liablo to any party,Indtiding without tlmitetion Lender,Barowe►,Tn�ator or eny pur- <br /> che�er d Ihs Pro�srty.lbr e�Y bse or damago unlesa due to reckiesa or willtul m(aoorxfuct.aod shall rso4 be roquked to tafce�eny octias <br /> in oonndctlon with the anfn�e�►b�t of this Deed of Teust unless IndemnEfied,in wdting,tor aH costs,�.ompanaaUon or expe�ses whk;h <br /> - may be sesodated tleemwilh. In�i�f all or enyeyportion ot the Property,asaprovlded Y law;�11 the Prop�tY����a� <br /> _ sale granted her�efn};postpone <br /> sepe�ete pancela ot bts et Tnistee's dlscredan. <br /> 14.�MS and ExWr�s.ln the event Trustee seHs lhe Property oy exercise of power oi eale.Trustee shall be ent�tled to aPply <br /> - any aab proceeds flrst to payment oi all coata end expanses oi exerdsk�g power oi sate,fnduding atl Trustee's fec+s,and Lender's end <br /> - Truatee'e ettorneye tses, ectuWly incurrod W extent pertnitted by appUcab{e law.In the event Borcower or Trusbor exord�s any right <br /> - providcd by law to cure en Event of DelaaN,Lender ehall be entitied ta recover trom 7ruator all costs end expenaea actually IncuRed e� <br /> e rotult of Tnntore def�ult.Indudinp without Nmlteti�on aU Trustee's and attomey's tees,to the extent pe+mitted by epplicable law• <br /> 15. Futun Advaec�s.Upon request of Borrower� Lender may,at its optbn,mako eddiUonal and future advance�s end roed- <br />— vances lfl Boniower.Such edvances end roadvance�,with Interost thereon,shtdl be secured by Ihls Deed of Trust.At no time e�{taM the <br />.:.� <br />