|
�r.: .._ . _�.i
<br /> .. . . .. �.... . -._ _ .
<br /> --`-- �-- -_�--:.
<br /> .. . i. -- - =_—
<br /> . . . . --�..`''. "
<br /> �
<br /> _ .... :. .,. ._ -.
<br /> ��. ___._ . -_...__.._---
<br /> .T �
<br /> �a��
<br /> In oorx»clion wft�'�oonc!«nnaGon or Whsr tekinp ot the Pr4peAy or pert theroof,w ro���eyg��n i��'���bn.
<br /> Lender ehaN b�enGtieA at Ib opNon�O oonvnenoe,sppear In and proeecute U its ovm name any sctbn or proceeding�,and eheli eiso
<br /> ������.rp pnv Mrnprnn►�w or�nidement in connectlon wiG�such iekinp or damape.In Ihe avent any portion ai tna Prop3rty is
<br /> �o taken or damaged, Lar�der�►ali have Ihs optbn In Ita sole end absoluYe diecretton,to appry aH auch pr000�de, etter oeaucung
<br /> therstrom eH coata end expsnset Incurred by It in oonnectlon with auch Procoeds,upon sny Indehtedness sacurod hereby and in such
<br /> order as Lender may determine,or ta eppty all euch Proceeda,aRer auch deductiana,to the roawratbn ai the Propedy upon such mn-
<br /> ditbm u Lender mey determine.l4ny appNcation ot Proceeds to lndebtedness ehall not extend or postpone lha due dete oi any pey-
<br /> ���u���Nc�te�a Wr�,any ckiauft there�w►der or t�eunder.My unapplied tunde shall be pald to Truator.
<br /> B.p�R�r��t�h�1^r.r�. 61{�0�N��xx�nr�rx�,�t an Evant ot Defeult hereunder, or if any act Is takan a f.egal proceeding _
<br /> oomrr�scxaed vKhMch.ma�4ariaMK aJ(ectys�w�der'�tnte�qat�fie 6M►e PeopMY.L��may fn Its own dlacretlai,dul�ilf�w.t o�t�ly�tbon t�do sQ.
<br /> �witt�out npl�hT cx rba�nar►q o�ord'I�r,c1,�t-�;��iffs wt;rhe�a.reG�aslnin Tccuear koa►�y odM�eiNoc�.ao ar�e aet�Tcn,mor l�as agread +;�__
<br /> taut f.raltee�'hr cYct.�t�d may�o d4 eny,�otili�r�aci IZ da�ons•vteoessecy r,o proA�ct;t�e sacuRtly hec�TrusOor slns�li'�.'pnseme�iate►',�•wR�? ..�..___
<br /> cf�nand 4l�eroYQi ti�1.pnde�.iDaY�ta I.H�der all coats and 0xp�armqs i�v,ec�i�d+�S�s�npended by Lender i�Cartaae��armnw�.t�R���e*;a�� _'�,.'
<br /> xisB by l.+ender 04 tiie faw�qirep dghUs,topelherwltl�fnte���!1ha�R�e 9�4�t�a aef�uj;�,7n 1,`�rovlded�n the Note,wfllJrh::'�sdl tb����d to
<br /> �he ind�htedn�ss aecured hereby.Lsndar at�all n�t Incu"r any J(abUky�ec�use oi anytY�i�tt may do or omlt to do M;r���:<ayar.
<br /> 9. Huardou� IrArb�i�l�•Truetor ehatl keop the Property In r�amPNance wlth all appllc�bte laws,oMlnances end reDulaGona
<br /> rolsHn�to InduiWal hypbne a envlronmenteN protsctlon(oollectively reterced to heroln as'Envlronmentel 4aws�,T�tor�I►e��kesP
<br /> the PropeAy iroe from all subaG►nces deemed lo be hezardoua or toxlc under eny Envlronmental l..awe(collecUvey rafert�ed ta here�^
<br /> as'Harsrdcws Mate�lale').Truetor heroby werronta end represanta w Lsnder Msl thero ero m Hacanbua MeterlUs on or w�der Itw
<br /> Propa�ly.Trusb►tareby aproei to indemnlfy and hold harmbas Lendsr.Its dksctora.Mflcx+rs,�mploysss u�d�per►b. and�ny sucas-
<br /> wn to L�idK'�IM�rat,han md p�ln�t sny prx!�N clalrru,d�mapes,los�snd 1f�blNdss�dslny In oonrnctbn witn tht prs�srxos,
<br /> ���a����y�dow MM�riaM pn,und�,irom tx�bo�d 1M Prop�ty.THE FOttEGOINC3 WAIiRANTIES AND
<br /> REPRESEN7ATIONB,AND TRU$TOR'8 OBLIOATIONS PURSUANT TiD THE FOREGnINO INDEMNITY,SHALL SURVIVE
<br /> RECONVEYANCE OF THIS QEED UF TIiUST.
<br /> 10.Assl�k W R�nM. Truslor h�'NyY w�iprn to L�nd�r.and p�snt������axitY Mbn�t In, all W'rwru�futun�nd
<br /> �er ulslnp ronb�bsun ptxf profft�ol'the Prop�Ry;Provldsd tluit Ttu�OOr�h�N�unfit tM ocuxrsr�of�n Ewnt d Del�ult,h�xid�r.
<br /> h�vs ths dpl►t to oolNq�rMYn aucA ronts,btust s�d prollts e�lhey beuoms dua end payable.Upon the ocr�xro►sce o1 an Event oi
<br /> QslMiil�Lendsr may,sither in person or by apent.wkh a wlthout bringing nny�ctlon or P�d�n�,or by�reoeiver�ppolnted by a
<br /> oouR and wfN►aut rop��d ta tNa�depuscy ot its�ecurily.enter upon and take pwaesslon of the Property,or enY Pert thereot,In(ta own
<br /> n�rrn or in IM name of tF►u Truetee�and do any�cts whtch ft deema oeoesesry or dsslrable to proeerve the velus�marintebflNy or
<br /> �N�bWty of iM Property�or any ps�t thsreof or intsrost tharoln.or to Incxeese the Income therefrom or protect the�sarKy h�roof and.
<br /> wAh or wiM�o�n Wcfno Poassebn�t the Properly�sue for or ott�ervvlss aollect ths ronts,tssues and proflte tl�snscit,IncludkW�P�
<br /> du��nd unp�id�bY notlfYkp qna�te to m�lw piyments to Lender.Lender m+Y aPP�Y rents.lsw�s snd Proflb,It�u aoW and expe�►s-
<br /> M d opsrMfo�and a�N�ct{oa kiduding edorr�s fees�to any(ndsbtednsss�eairod heroby.aN in such orrMr�l�dsr m�y dMsf
<br /> Mrw,Th��rNKirp upon�nd Wcinp posees�lon ot tM�Prope�ty,tte��ullsr.tlon o(euch ronta,Isst�and pSn�SS,�nd��PD��
<br /> 0�eroof a�Maes�siwii�cws cx wai�w��y u'aiaui:w.i�cs a!�a�ult l:crr.�srs�er as!nuaNdet�any��r�n�n re�poi�b wd� .
<br /> " dq(auk o�purauant to wd� nodae of dehuR end,notwilhstending the oontlnuance�n pos�e�slon of ifvs pr�o�er?�.ax ths enMsction,
<br /> r�t�sl{�t snd appNcadoo d ronb,issuer or pro11h�Tnre�eo a�nd Lender sl�eM bs entlded to ex�rcles evs�Y riptd Pz�ov��l ior in any d the , .
<br /> t,.oan Inatru�cz�nb ar by law upon oocunwioe W any Evai►t ot I�f�ult,�ncludN�p wlthout Itmitatbn the rtplit b ex�rr,�9�Ut�power!of!u►N•
<br /> •F�iAh�r.Ler�s riphtt a�d rpnsclfeo under thls paragraPh ehaN bo cumulative wfth,and In no wa�a lirtrtalfai aart,Lerder's rec,�t��s and
<br /> remsdl�s undsr�ny a�ignment ot bases end ront�rer,orded epulnsi the Property.lender,7rustse end the��oceae.��I►eid be 3ioLle tD ,
<br /> aoopixR only 1q'thoso rents adually reoelvecl. • ,�.�
<br /> • 11.Ewrks W Ghat�fie tollowkp shNl oonaUtuts en Event nf Detsult�xnlsr ihls DMd o9 Tn1s�
<br /> (s)Failuro b pay any In�uNment p1 prinaipal or Ukrost or any olher sum sacured t�e►�eltry�.�o4n duo� . .'
<br /> (b)A brs�ch d or ddault under any provl�i0n contafned In 9f1e Note.d�Is Desd M Tru�t'.nrr/a+d�se l.o�n U�etnxrMrs�a.at a�y
<br /> dher Ifen or snc�xribranos upon the Phoperhr .. .�"
<br /> � (c)A writ af sxecutlon or ettedwnwit or any stmrier pracesa ehall be ent�rod s�Irnt Tntdtor whiOM�s�ah c�pma,�I�en on
<br /> t • tM Propwly or any palbn thereof or Inte�s�rt therein; ..,. .. .,
<br /> �� �t4I�TI1lfs�ql�De II��Of�Q11111t�Tf11a�4T�Of�BORQYY6�All M�01!IXI�f afly�5EI1�Of IUWro I�Of��,41AW Or OUI�ib11�1l�
<br /> (�IY Or Y.�YMNOf1 hlltkq t0 bBnkNpDCy,Insolvdn4�r ar other�eltsttor dsbbrsi O►l�Nf��11MN b��ppOklWd afly tfllilo8�t�C�11Mf Of
<br /> � Nqiitda�of Tn�stor or Bortowsr or af�N or snY PaR at tha�►rapody�or iha ronb�Iwu�or prolfts aw�wf.a T*uqor or Ba�
<br /> shYN m�ic�any qenorel�ssqnment for ths benefit of a�diior�;
<br /> (s)Ths sale,trensler. bpse�etsfpnmstlt�.cc�tvs�r�na or further eraumbrance W al or any p�rt of a anY i��Mrost In ttN
<br /> . Prop�1Y�ei1�v4MMUd1Y or invoN�taNY.Mrl4houR 1tM expross wril�sn conaent ot Lende�;prarfded tlat TnKLar�haN be pKmlt-
<br /> tsd b�x�u�s a I�aeo oi the Ptoperil►U1�It ddes not conWn an cP►ion u►P�x�chsse and ttes term d wl�fch dos�not�tceed ons
<br /> ' Yew: • . . , —
<br /> (n Ab�ndoiwrMnt dlhs PtopArty:tlr� , •
<br /> (p)It 7nutor ts�ot�n tndivid��rl.ths{6suancs.�ak�franstsr,as�IpnnNnt,oonveyanos ar aiaMnbrar�cs d maa�t;�an(if•
<br /> . oorpcxatlon)a bW ot peroent of�its fasusd and outsta�dln0 stock.or(M a pa�Onersl►tp3 s,tofel ol :,;-'------pe�
<br /> pnt of psrtnentap intersats,or(N�IknlOed Itobillty oorr�eny)s total oi pence�k d�l��a urniQ,ed��abfJtt�corrip+-
<br /> r,ry lnterost�or v�otirp dphts durinp the perbd thls baed of Ttust romak�a Nsn on the property- -.. .
<br /> • 12.IR�dl�sf AcaNntlon Upon DN�aK.ln th�event ot any Event of Deifault Lender rrwf►.wAt�out rao�lioo�axoep��s:required
<br /> ' !;y law.Ecs�ta atl ltttleb2tst:neaa stsurod herohy M h�a due sM Pey�bin end the same shell�qore beoaio�?�9i}Es�anc}Qa;t�ble wllh- _
<br /> out�ny proeentment,demand,protest or notice at any 4ch�d.ThereaRsr Lender may: � • •
<br /> , (s)Demend that Tiustee exerdse the•POWER OF 3ALE�ranDed hdroln�snd TruKse sh�N��cx,S�iri�'6e�ue�Vai.�inlor-
<br /> est In the Property to be sold and thei�broceeda b be diaMbuted,ell ln tha manner provlded In the Nebrsska Tniet 1aeb�f�lt�t;
<br /> (b�Ex�ci�e any and sll rlyhtc providsd for In eny of fhe I.00n I�bnb or by law upon occurreno�o�P�y!E'+r�nt a
<br /> Defeuk;aod �
<br /> (o}Commenoe an action to faecloes thta beed oi T�ust as a mortpaps,eppclM a recefver.or specMc+Ml�ent�e e^Y°��°
<br /> No ro�r�sdy hen{�opMsrted upon or reserved to Trustee or Lender Is intsnd�sl W bs exdu�lvs ot any dhsr re�dy»�'M►��,
<br /> Iratrum�r�ls or by I�w provid�d or psmdtt�d�but Aech shaH bs cumulaUve.thaM b�In bdltlon W svsry afher rr�i
<br /> In tM t.:a�n NuU�n�tt or�w or Mrad1�ex►sdrKl et lew or In equUy a bN st��s�end m�y bs oxs�ised oonaxrsrMy.MideP��Y
<br /> or�I�ooMlvNv. _Y....a,�.�.._. �..,u•r
<br /> 13.TtusM�.Tt�Tnntss may ros�n at eny nme w�than C�USl��IIO LOnosr n�r�wq cwnv wti...M........o..:�-r.-��_—
<br /> oss�or a wbWtuls 7nates.Trustee sheN not be Ilsbte to any psrty.hxkjdkg�wilhout IknitaUon Londer�Barrovrer, Trustor ur�ny px
<br /> chawr of ths Pro(�iY�tor any losa or demsge unless due to rec;kfeRS or wipNl mhoond�x�.arM shall not bs rsqulrod b tsk�any�
<br /> fn oon��ecUon wilh tl�e eMo�cement of thia Oeed of Tnest unleas indemnkied,ln writinp,for ell oosts,�ortp�isadoo or sxAen�se whkh
<br /> may be assodaoed tl�erowjth.In addltlon,Truatee may bsoome e purchtaer et eny sale d the ftropertyv Gu�6c1�a �rider tha powsr of
<br /> asts�ranted herotn)�postpone the ael�m+1 aH or any portlon of the Property�es provlded!�r tax4;mr a�tp,+,� �nperty��whole,a tn
<br /> sepWate parosls or lols at Tn�stee's dis�;o4l�. .
<br /> 14.FNS�n/En�Nws.Irt M�e ovmayt V+r�osY�xe seNs the Propeitlf ti'f axerctse ot paw�of sab.PhIJ51�D�5'•11N b�eo ap�pU�v
<br /> �r aa�'►�proca�C;fksB Bx timyrrrariC a��N ta.�*a,�xdf��renees af nx�r�e+r�{?r,�'ot eale�trwNulN�p N17ruevea`s h�s.m�d'[,Kx�ePs and
<br /> 3rc��s atwrr�r's M�s. acE�lty t�cum�oa�tiCS�►m y�n"Ii�I li��le law.In the event Barower or Tru�lor exer�ts any�40ht
<br /> a�d TrusMr's drteul�!u�dw KD��Nmkadon all 7�ivabee's end attomeY�s fses,to the��tEent�PsrmHted by���rM lu�
<br /> 16. Fulun Advancn.Upon reque�t of 8ort�wsr.Lender may�et tts optbn,make addltlonal�nd iW�re �nd r°�1'
<br /> vanas b Nortawsr.Such advenoe�and readvencss.wNh tnterost tl�steon��hall be esc;urod M►�DMd ot Tn�L At no tlrr�e thNl th�
<br /> � .
<br /> __ �.� _ -
<br />
|