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1 I,Fvcniq of�JefandG Thc follcwing shali:aa►st'stutc an Event af�fanit ut►c1�cr thiT T?rr.d c�f Trusc: �Q.� i��
<br /> (a) Failuc�to pay any instail�ent af�+rit�cipal qr intesest oC a�y qL'?ar suttie°,Tac:r�d hcrzby sohea�.se; ��
<br /> (b) A breach of or dciaulc undec az�y pravision cUntain�i in thc Nooe, tia�s YAr��ci of Trust,anY of tha I.oan lnspvmcrns,or
<br /> any othcs lien nr c�umbrar.ce upon t�c:'rc�+erry:
<br /> (c) A wTit of czccution c?r attachmr_m or arry similar�rac�es shafi bc en[�r�d agai�t Trusmr which ahxil bccomz a lien an...
<br /> t��e:�'roperty or any�rtion therenf r,r;nterest thcrein; °r
<br /> Pc�)"Cl�ere xhal� bc �led by nr a6aiv�t Trusroar or Borrawrr an ar,iiora under am• present or fi�turc federal, s�te or other':.
<br /> s:anr;c. �ad�'n:e•equlatian relating w bHnl::�uptcy, insolvency or other rtli�f f�r dc!^�a:s; n-�,hcr�s�alf be appoin4cd:►try trusue.;.�
<br /> rceeiver or iiquidator of Trustor vr Hesrower or of all or any parc of the Properry, nr thG tents, issucs ar profita t,ycreof, or'� ,
<br /> Tn�stnr or F3arrower shafl rnake arry general assignmerri for tier heir_C' �f creditor5;
<br /> (r.l 'f"�lc :,ale, transter, lcase, a�ignr�ent, canveya�P r,.r f,arther encum6ra�wc.af a1! a: any p�aR o(ar any inu�rest in the�"°�
<br /> ProF�ert�, either votun:arily or invotuntarii�•, vrithout th� cztreess wri�ten cons�n� of i..ender, provided�that '1"rustor shall be
<br /> �c
<br /> taermitted tv c.zccaits a[ease af the I'raperty that does�nt conta�n an option to purrh�a�e,ant1 the term af whi�la dacc not ezceed
<br /> orrc ycar;
<br /> (� A�andonment of the Prvpecty:os
<br /> (g)'(�"j'rucRDr is not an indi�idual, t,tie issuanGC,sa1c, traz�s(cr, assignmcat, conveyancc or sncur.'ihrancc of mnre than(if a
<br /> corporacinn) a tocai oi ti/A prrcent of its i�,w�d and outs2anding stock,or(ii a pa.rtrierahip)a total o[ rir, perct�ft
<br /> of pactnerchip in:erests,vr(if a limited liabiliry compa�y)a eocal,af xiA _percctat of thc limited liability compeny inu[esis
<br /> nr.nting ri�hts during Lhc period thi5 I)eed of 7rust rer�ails a lar.n on thc Prc�perty.
<br /> (nj?f che otsii�atian s�cured hercti�y is guaraniced in�[�ole or in part by thc Far�nerc FIome Adminisuadan,barrawer fanher
<br /> aere�s tha:tba loan(s) sccu�rd tw this iastiumzat ailt i�e in ckfault xhouid am,� loan proceeds bc uscd Cor a purposc that will
<br /> contrihv�e ro ezcassi�e cr�-,un eE'.iigtaJy trodibie laad crr u: thc wnvetsnon of w�dand tn �roduce or ta make possible the
<br /> productior�of an�g�icuituyal camirzodity,as furtncr cxp[aiered iT►7 CFR Put 144ll.5ubpairt G,Exhibit M.
<br /> 12.{2rx►sedirs;Acceleration UFaon TYe4au1G In the event af acry Event ot DeCanNt l.ender may,without nodcc ezcept xs required
<br /> by Isw, de:�;�rc ali indtbtedness securGd hcretry to bc dur anci �ayable a� the same shall therrapon becosne duc ancl payable
<br /> withaut any�presentrrent,demand,protcst nr notice Gf any kin;4. '"`hr.GCaflcr L.er►der may:
<br /> (a) [)eman:l tt_'Trn�tee etercisc: thc 1'�WER Ol�S'AL1:�d�i:�tcc1 hereir„ and TrusGee shal!:�trtaftex caase Trustor's inurest
<br /> 'sn thc Pro�e-ry to Ce sold a;�d the proceeds co t�e distrib�iRed,afi ir�tlz�manncr pmvid�d in t)a�Nebsa�ca TruSt Deeds Acr,
<br /> (�} i�zcccise any and a11 riglits pro�ided far in any ��E dre [.oau Ieutnimer.cs oa� 'vy law' upan occu.�rerice of a� �veac of
<br /> Uel'ault; and
<br /> (c) Commence an acdoa to foreclose this Iked of Trust as a mortgagc, appoini a seee�ver,or soecifically tnforce any of the
<br /> covrna�r�e h�reof.
<br /> No rr.medy here�n conferreci upon or reserved to Trustee or [xncicr ts intended to he exc.li�sive of any oiher remedy herein, in the
<br /> Lo�n lnstn,ments or 6y lazv �rc�vided or permitted, but eatih sha!1 C�cnmulative, shalf hc in addition tn evtry other rcmedy given
<br /> Izereunde:, in the Loan Instrumeat�s vr now ar herca4ter exist;ng at taw or in equiry or�y statute,and may b�czcrCised concurrendy
<br /> ir,ciependentiy or:,uceessicely. �
<br /> 1�.':z+:�:;tec. "1"�� Truster. may re5ign at any ti�ne wrti-�out �xust, and I���det rrn^v at anytime arn! without cause appoint a
<br /> tiuccessuc or sut�st�tute'1'rustee_ Tn�stee sttall not he liable to anry party, including wititia�t limitation l.ender, Ba�row�r,Trustor or
<br /> 7ny�;�rchr,ser��f t}ic Pro�erty, for any lo:,s cr damage unlc5s dur to recklcss ox willfui misconducc.and stiall tu>t hc required to take
<br /> anv ac:ion �n c�mnectiee wi�h the enforcesnent af this Deed of Tn�st unless indemnifaed, in writing, for all casLS, evmpensateon or �
<br /> CXFC(LSCS wtiich �rtay be associated tlicrewith. In addition,Trustce may bccomc a pt::�haser at ury salt bf the Praperty (judicial or � �,
<br /> und�: !he �c�wcr of sale, granted her�in); �stpnna the sale of�1'. or any portian r.f the Prvperty, a� �rovidcd hy law: or se�1 Ihe
<br /> Prnper!y a;a w�i.r�ie,vs i�cePar:�tc nareels or►nts at Tr.�stee's disrrctinn.
<br /> 1�.�eex r�n�1 �'xpc:nses. [n thu cver.t Tru+,ec sells�he Property hy e�erci,c of��wer of saie. Tn:str,e st►all bc cntided tii a�l}�
<br /> �n}� s�le p::reccd> irst tn payment n6 all �ost�s ar.d ezrxns:s of¢zerei5ing �, ,'�t�'atr`J4n_ e's fees, and C.ender's
<br /> an�l Trustce'±; attnrney's �ees, actvally incurre� to extent�crmicted by ap c, nt�A�tro r ar Trustor exerciscs
<br /> an}' rig}st Pro�ided try law cp cm•e an F.vent nf Uefault, Lender shall b � t�S ' r�.TtusRo all costs and rzpecues
<br /> accually incurred a� a result of 'T'rustor's default, includir.g without li �� �� �' ' ���� 's fces, to the cxunt
<br /> r�ermitte�l tiy applicable law.
<br /> 15.�'utx�re Advanccs. U�m�i rcquest of Barrow•er, C.c�der may, a� its eption, make aclditional and future advancex and
<br /> readvances ro 13�rrower. Such advances and readvances, with interest thcreon,shall be s�cueed hy J�is Dccd of Trusc. At no tirne
<br /> ch:�ll the�rincipal amount of the indebtadness stcured by this Dred of Trust,not i�xludins sums 3dvanced tn prouct the ucnrity af
<br /> ttYis Deeci of Trusc, excccd the aggregatc of che original pritw.ipal atttounts stated hertin, br S aso.000.oa
<br /> whichev�r is greatcr.
<br /> 16.?�fis[ellaneous Yravisions.
<br /> (a) Borrnwer Not Rekased. F.xttnsiqn of the time for paymcnt nr modification of amortizaliun nf the�tttts cecu:ed by this
<br /> f)ccd of�rust granted hy Lendcr to any sticceKSOr in interest of Borrower t�hall nat aperatc ro releasc, in arry nwnntr, the
<br /> Iial�iliry r�!'Urc nriginal Ho�rowet and I3nrrower's succetsots in intercat. I..erxScr�Iwl' n�t be required to commence F�roccedings
<br /> against such successur ur rel'use w extend timc for paymcnt or nthcrwise modify amoniratian of the sums secured 6_ '�is Dccd
<br /> nF'1'rus�h,y reasnn nf any dcmands made by the ariginal l3orcowcr and Horr�wer's successorx in in?ercst.
<br /> (b) I.cnder's Pawers. Wi�'�out afTecting the iiabiliCy af any other per�on 1ia61c for the paymtm of aery obligation herein
<br /> mcntioned, and without affeccing the lien or eharge of this Ihec1 uf 'Crust upon any portion of the Property not thtn or
<br /> theretofore released as sccurity �Qr zhe full amount v(all un�aid obli�apons. I.enckr may, from timc t�timc and rvichout notice
<br /> (i) releatc any person se� Iiablc, (ii) extend thc maturicy or alter any �F tht ierms rsf a;wp^ such obligations, (iii) �trant other
<br /> indulgences,(iv)relea.ac or reconvcy,or causc to be relea.ud ar reconveytd at ay time at l.encier's nptinn any pareel,portion or
<br /> all nf the Property. (v) take or rcicase any othcr or additional security for any obligauon htrein mentioaed, or (vi) mxke
<br /> composiunns or ncher arrangements with dehtors in re'ation thercto.
<br /> Ic) F'ori>earancc by I,ender Not n Waivcr. Any forbearance hy Lender in eztrcising any right or remcdy hcreunder, or
<br /> atlicr�+�•isr affnrdcd by applicab�r. I:sw, shall not tx a waiv�r of ur preclude the exr.rcisr of any such right or remedy. The
<br /> �ruCUra:rnenS of insurancc ar the payment of tazes or nt�irr li�ns ar charges hy l.ender shaEi not be a waiver of Lcnder's right to
<br /> accelcrate the maturity of thc inuehcedness securcc�by this Decd o[Trusc.
<br /> (d�Surcessars and Assigr.0 13ound;Jnlnt and 5everal Ltabllity;Gptfons. i'lie cuvenants and�grc�ments herritt eontai�ud
<br /> shall bind, and ehe righ�s hcreundcr shall inure to, thc resptctivc successors and xaigns of L.ender and�'nistor. All eovenancs
<br /> and 7grecmcn�a nf Trusior shall be jnint s�nd tevcral. 'fhe eaptinns�nd hcadings of the paragraphs of[his iked oCT�ust ue for
<br /> convtrrienr.c only and are not tn he uud���interrret nr=ie�ine the provisions hercof.
<br /> (c} Rmr�ueat for Nntlees. Tl�e pryrties hercby rec�uest that a c�ipy nf any noiice nf de(ault hereund�r ancl a copy of any notice
<br /> uf �a1c frcreuniler bc malled to each r�rty lu this ;�eecl ��f'1'rust at thc uddrr.se eet Cqrth ghove in thc manner prestribed by
<br /> :��r���rlhle ��W. r.x�c��� n>r n��y c�chcr notice rcquircd unde� ;�ppli�able law to Ix givcn in anqthcr manner, any noticc provided
<br /> f.ir in,this !)c�d��!Trust S1ialt hc�;iven by mailing sur_tr ru�titi�e hy eenified maii addret�ed to the oehcr partjes,at the acldreu sct
<br /> f�:rnfi abnve. Any nc�tice pravidccl fnr in t}�is i�cal of'1"rutt shall br c(Tcctivc upnn mailina in�lia manner dcsignated hcrcia. lf
<br /> 'd'r!i!ccnr i!+rn�ire�han nnc pennn,ni��icc�nt t~�the addrrxs ut la�th above�hall he notice ro all auch peraa7s.
<br /> ([} 1u+�rctlnn. I.rnder mny mmke or cuuu en hc made rcasonable entrie4 u�mn a�xi inspcctions�of ihe Property, provided
<br /> iha� l..eneter s;iall givc '1'ru��or nocicc pri�r tn nny �ch inqrecdnn spccifying res�.wnablc c�usc shcrefor retated eo L.cnder's
<br /> ircrrrest in tl�c Nrnpr.rty.
<br /> !Fr,) Rrconvcynncc. Upon payn+ent af all +ums ascured hy �hfs bced nf'1"ru�c, t.cndcr sriall requesc 7rµstec to re�onvcy the
<br /> F'ru�rrty and ahall Surr�nAer thi<Ueed nf Tru�t and alt no�ct evidencing i:uleb�ednr.c�cccurcd by chis I?eed of Trusc ta Trusuc.
<br /> �I�fUS1CC �hnll reconvey tNr. Pmprrry w%thout warra�ty attci wi�hcwt charge tn thc person ar pez�on.s Iegally ^ntitle� tl�ereW.
<br /> '1'nsatar tl�all pay all cost!of recurdat�on,if any.
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