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<br /> 7.Emin�nt DomNn. L�nder Is h�reby a�sipned�!I compsns�tian,awuds,d�maqe�and othor payments or reilef Ihe►elnaiter"Pror.��d�'1 1:
<br /> In conn�ctlon with condemnatlon or athx takinp o}ths Prupsrty or p�R tNereof,or for convey�nce In Ilau of condemnotlon,Lender shNl • �%
<br /> t�ken or d�maped,Lender�hell hwe the optlon In It�soln�nd�bsolute dlacretlon,to�pply all euch Proceede,efter deductinp theroirom . �'`� ►•�"�j-���
<br /> ell ca�t� end expen�e� incurrod by it In connectlon with�uch Proceedi,upon any Indebtedneas secured hereby end In eueh order ee 'r. <`.' +:q,'.,s ;
<br /> � Lendsr m�y d�termins,or to �pply ul�uch ProcNd�,�ftar such d�ductlon�,to ths ro�rorotlon of the Property upon euch conditlons n • -?'?,,•,'•,;
<br /> L�ndar m�y detsrmtns. Any�ppiicatlon of Roce�ds to Indebtednea�ha11 not sxtend or poetpone the due date o}eny paymantn under ..
<br /> e Nots,ot cure�ny def�ult thereunder or hereunder.Any un�pplled fund�thall bo p�ld to Truitor. � :wr •;':
<br /> 8. PKiorm�nc� by L�ndK. Upon the occurrence o} sn Event of Default hereunder, or If any act is t�ken or leyd proceedlnp �; ':;
<br /> � mmenc�d w h lc h m�tsr l�l iy a f fe o t�Len der'� in tere�t In t h e P t o p e rt y,L e n d�r m r y I n I t�o w n d l a c r s t l o n,b u t w l t h a u t o b l l p e t i o n t o d o w, ; �= ���''
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<br /> , � d writhout notics to or dem�nd upan Trwtor�nd without rslnsing Tru�tor fram any obtlpatlon. do any�ct which Trustar h�a apreM � � '..t,t`,�tS�.,:
<br /> ut fell�to do end may al�o do a�y other act it deeme necessery to proter,t the oeCUrity t�ereof.Truetor oheil,Immedl�taly upon demsnd ,
<br /> � , Mtherofor by Lender,pay ta Lender�I co�b snd expense�Incurred �nd sums expended by Lender In connectfon with tha exerclie by , • � �..c,j,.;.�.,;�.
<br /> • Lender of the}ore oinp d hti, together with Intereet theroon et the defeult rate provided In the Note,whiCh shall be edded to the ;:.� :-�:.��.��•��v,�1n,,.
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<br /> � Indebtedneas eecured he►eby.Lender ehall not Incur my IiablUty beceuse of enythinp It may do or omit to do fiereunder, � - �;; �•t;;��,r
<br /> �"""�" � 8.Hwrdous Mat«ri��.Truator ahall keep tho Property in complfence with all eppliaabla lawa,ordinencas and ropulstione rolating to " � � '��"�'
<br /> „ � ;Mp:: {` ti�arFr�i_�i: .
<br /> ' . � �Induetrisl hygtene or environmental protectlon Icollectively roferrod to heroln es "Envlronmentei Lawa").Trustor ehNl keep the Property �° ��,i y-
<br /> free from all aubatencea deemed to be hszerdaua or toxlc�+nder any Fnvironmentel Lews(collectiveiy referred to herein ae"Ha:ardous � �''�%Y.�,
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<br /> ! Meterlals"1. Trustar hereby warrente and represente to Lender that there ere no Hazardoua Meteriel on or under the Property.Trueror 4r'��R�'-! -
<br /> hereby ayreee to Indemnlfy and hold hermtese Lender, its diroctore, o(flcera, employees and agenta, and any eucCesrtora to Lendcr's ��.,,',--_,__; � �
<br /> � ; Intereat,fram and agsinst any and ell clalms,damages,lossea and IIabIlltiea arieing In connectfan with the presence, use,dlaposal or ��.;�'�._:;:_
<br /> � tranaport of any Hazardous Meterfala on,undet from or ebaut the Roperty.THE FOR�QOINO WARRANTIES ANA REPRE&ENTATIONS, ��''f��=''
<br /> .eub�, =.
<br /> AND TRUSTOR'S OBLICiATIONS PURSUANT TO THE FOREGOING INDEMNITY, SHALI SURVIVE HECONV�YANCE OF THIS DEEO OF ��:��.`
<br /> TRUST. ;rh�;,
<br /> ,r 10.Assipnm�►t ot N�nt�.Truator heroby easiBna to Lender, und granta Lender a securNy imernst In, ell preaent, future and aftar �,.
<br /> _ •+�: ;• rieinp rente, le�ues and profite of the Property;provided tAat Trustor shell,until the occurrenoe of an Event of Default hereunder, hwa .?'�f:r
<br /> �� : �;� .�;;,�,� the right to collect and rotain auch renta,isaues end profite as they becamo due end payabie. Upon the occut�ence of an Event ofr ___�:��-
<br /> ��,, ��.:„ p Defauh, Lender mey, either in peraon ar by agent,w(th or without brin0ing any uction or procooding, ar by a rocslver �ppointad by e �""_-
<br /> aaun and wlthout regard to the adequacy of ite eecurity, enter upon and teke poaseaelon of the Property,or nny part thereof,in Its own ��_=~
<br /> � nama or In the neme of the Truatee, and do eny ects which it deema necesaery or dealrable to pre�arve the value, mMketabllity or =—
<br /> � rentablitty of the Property,or eny part theroof or interest theroln,or to Increase the income thoreTram or prptoct the security hereof end, :�.....
<br /> •• � � with or wfthout tak�ng posseaiion of tho Roperty,eue tor or otherwfae collect the rent�, Isauen artd profit�thereof,Including thoao p�st �0�_
<br /> � due and unpeid,by notitying tensnts to meka payment�to Lender. Lender may apply rents,lieuen�nd profit�,teas cost��nd expsn�an _ _
<br /> of operotlon md collectlan tr�cludtnp attorneya'feet,to any indebtedneis�ccured hereby,all In auch order ns L�nder msy determine.Thf =
<br /> • enterinp upon and t�kiny po�osssion of the Ropeny, ths collsction of such rent�.Issw��nd profit�,�nd the sppiicatlon th�rwi us _
<br /> � �foro�ud, sh�il nat cure or wNve my d�hult or notica of de?wlt heraundsr or Inv�Nd�ts any+�ct don�In rsspans�to such dehuk or "';;�
<br /> pursu�nt to �uch notics of d�f�ult�nd, notwRhatmdinp the continu�nce In potss�Non ot tht Rops�rty or the collactlon, racslpt �nr! t"`�—
<br /> �ppliatbn of nnts, issun or profito, Tru�te�nd Lend�r �hNl be entitl�d to �x�rclse svery rlyht provlded for In �ny of th� Lo�n '.�
<br /> . Instrum�nt�or by I�w upon occurnnc�of any Ewr►t of D�fwit, Includlnp without Iimit�tlon th�ripht to ex�rcl��the pow�r of uln. ��
<br /> Furth�r,L�nd�r'�rlpht� end nm�dlu urtde thb prapnph �hNl bs cumul�tiv�with,�nd in no way a Ilmft�tbn on,L�nder'�riphts w� --�
<br /> _.__ - - rsm«±lee!�n�er �!!+y ��!b�m�nt af I�uy a�d rent� rscordsd�c1Nmt th� Propertv. Lmdtr, Trusta end the nc�ive shcll b� A�ble tc.r
<br /> �_ �ccaunt only for thoa nnt�actu�lly ncNved.
<br /> . ,, 11.ErMt�of DNwk.Th�folbwinp�h�ll wnstitute�n Event of Dsiwlt und�r thia Deed of T�u:t:
<br />� (�)Fallun to p�y 1ny InttNlmsnt of princlpal or intereat of sny othsr�um etaund hereby when due;
<br /> (b)A breach of or dsf�ult under�ny provi�bn contained in the Note,thfe Dead of Tru:t,�ny of the Loan In:trumente,or any
<br /> '�'"y�-`'�� ` � other Ilen or encumbnnce upon the Roperty; -
<br />-�w: � (c)A writ of ex�cutlon o► �ttachment or any similar proces�ahdl be entaed ayalnat Trustor which sh�ll become s Ilen on tM
<br />�. •.,�. . •.
<br />_�s. •••.„ Property or eny portbn th�rsof or Intsreat thereln;
<br /> ='=^*�"- ;�; - (d1 Thcre sha!!tsc filcd 6y or aqefnat Truetor or Borrower en ectfon under any preaent or fu2ure federel,atete or other�tetue, lew
<br /> ��;i r y. � � �x or repulatlon rolating to bmkruptcy, Inaolvency or other rolief for debtors;or there ah�ll be�ppolnted any tru�tee, rocelvar or
<br />-�'�-::--,r.�. , Ilquidator of Tiustor ar Bar►ower or of�U or any part of the Property,or the ronts,lasuea or profit�thereof,or Truttor or Borrovrer
<br />-s;:`
<br />�1:��.• _.•. � shall mske sny gener�l asNynment for the benefit of credltors;
<br />�-�' (e)The aale,trantter,lease,assipnment,conveyence or fuRher encumbrance of all or any p�rt of or any interest in the PropwrtY�
<br /> ,'°"`,�,��, ahher valuntarfly or Involuntsrily,wilhout the exprese written consent of I.ender,provided that Trustor ahall be permittad to execsut�
<br />- . .vs%fiY'rYi�.
<br /> --,.;x,;,x:�.. �N�e of the P1�opsrty that doei not contaln sn optian to purcheae and the term of whlch dona not exceed one yeu;
<br />�''` ': �� It) Absndonmsnt of the PropeKy;or
<br /> s`�_�"�-: • (p) If Tru�tor is not �n individual,the Isauance, eale,tranafer, wsipnment, conveyance or encumbrence oT moro thnn Gt a
<br /> _'�``r'���``; corpar�tbn) a tot�l of t+/�► percent of it�iaaued end outatanding rtock, or(if e partnership)n totN of N/A pnrc�nt of
<br /> ';�_,^ '• �''`• partnerehlp Intere�tr,or e m(ted Iiabtlity company) a total of N A peroont of the Ilmited Uablllty company nt�e or vodng
<br /> _� .+�.�,: ' ri9hte dur(np the perbd thlo Deed of Trust romUns�lien on the Prope .
<br /> 12.Rxrndl�s;/►cc�Nntion Upon O�iwtt.ln the event of�ny Event of Detault Lender may,wkhout notice except�e raquirnd by Iew,
<br /> �-i•• dect�re ell Indebted�ess�ecured hereby to be due and paya6le and the eame shail thereupon become due and peyabie wlthUUi eny
<br /> :�,.::�:{•.
<br /> ���,:�t ;: pnsentment,dwnand,protest or notice ot eny kind.Thereafter Lender mey:
<br /> ��;,,,�•: (�)Demend thet Truatee exorciee the POWER OF SALE prented heroln, and Truetee ahell thereafter cause Truator'o Inn�srett _
<br /> ,,�,tr„� In the Property to be�old and the proceedt to be dietributed,ali In the manner provided In the Nebraske Trust Deede Act:
<br /> -F,y,»,• •-�-• � (U)Exercite arty and alI righta provWed for In any of ths Loan Inetruments or by law upon occurroncu of any Event of
<br /> .:t�'•"• � Defautt;and
<br /> "'•�!P�� (c)Commence m actlon to forecioae this Deed of Trust as a mortgage, appotnt a recelver,or apecifically enforco any of ihe --
<br /> ' ' coven�nts hereof. �
<br /> • No rsmedy hereln conferred upon or roaervedto Trustee or Lender Is Intsnded to be axcluafve of eny other remedy horeln, Jn ths Loan -- -
<br /> � Inatruments or by Isw provlded or permkted, but eech ehell be cumutetive,shell be In�ddltion to every other remedy piven hereunder,in ----
<br /> • the Loaa Instruments or now or hereafter exlating�t law or in equity or by ststute,end may be exerciaed concurrently,independently or - -,
<br /> succesaively. "s;;;--��;,,_
<br /> 13.Tru�tN.The Trustee may roeign et any time wltho��t caune,end Lender mey at any tlma end without ceuae eppolnt e succeteor ���'"-��—"
<br /> �r:c°--��.�_,
<br /> - or eubetitute Truntee.Trustee shall not be Ifeble to eny party,tncluding without Ilmitetion Lendor,Borrower,Truetor or any purchaaer of �c,•��:,,.--��-
<br /> � the Property, for eny Ioee or dame e unlese due to reckleae or wlll(ul misconduct, and ehalt not be requlrod to take en actlon in -�L'.;�+:.:�.�,�tn-
<br /> _� g y - "7e�._�—_
<br /> ;• connection with the enforcement o}thie Oeed ot Tmst unleaa Indemnifled,fn wrftlnp,for all coets,Compeneatlon or expen�ea whtch moy ;'•?}q��.q�,+q��-.
<br /> , < be usocfeted therewith.In edditfan, Tru�tee may become a purchaaer at any eele of the Proporty Qudlcfal or under the power of Iele "��y"��'-��
<br /> , yranted hersini;postpone the sale ot sll or any portlon of the Propeny,a�provided by taw;or aell the Property aa a whole,ar in seprete �
<br /> ':.``:'S..�o;.z.
<br /> . � tJ pecel�or lots at Trustee'a dhcretlon. ; �
<br /> ^ � "', 14.Fws�nd Exp�n»t.In the event Trustee seAs the Property by exerclae of power of aele,Truetee ehall be entitied to epply my�ale J�r ;`
<br /> "� oroceeda ftrat tn navment of all cnsts and exn�naee of exercislnn nower ot sale.Includino all Truetee's tees.and Lender'e end Truetee'e f ' �
<br /> : - � . . . . _ --_
<br /> „ attomey'e feea,actualiy Incurred to extent permitted by eppilcable Iaw.In the event Borrower or Trustor exerciaes any right provided by �
<br /> � lew to cure en Event of Oefault, Lender ehali be entitled to recover from Truator ell coste and expenses actuaily incurred as e result of
<br /> Truetor'e defeult,Inctuding without Ilmitatlon all Truetee's end attorney'e fees,to the extent permitted by appiloabla iew. �
<br /> 16.Futun Advonc�t.Upon requee�t of Borrower, Lender may,et Ite opilon,meke edditfonal and future advences and readvences to
<br /> � Borrower. 3uch advencea ond readvancea, with interest thoreon, sheil be secured by th(o Oeed of Truet. At no time shall tho princlpal
<br /> amount of the indebtedness aecured by this Deed of Trust, not including auma edvenced to protect tho secur(ty of Yhfs Deed ot Tiust, '� �
<br /> � oxCeed the origlnel princlpel emount etated hereln,or 8 s�s.000.00 ,whiChever ia gteater. � • �
<br /> � I , .
<br /> �.
<br /> j . i NBC3�67E INonsp�iculturai Ueedl Rev.B176 ,
<br /> i19E�Natlonsl Bsnk of Ca�me�ce True�and Snvinps Auocfanon.Uneotn.MeWaeke I
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