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'`�vj•-�t. _ <br /> 11��� .f�4f�'� 'y�':4 C — — __ ___--_ .—.. <br /> ,� A.A:• <br /> •prooeeda'�In connecU�.r►with condemn�lbn a olher Wcinp of the Praperty a pe�t lhereot,or for canveyence In Ibu W cond�mnstloe. <br /> Lender ehall be entltfed st Its optlon to commencs,apps�r In end pro�ecuts In ite own ru�me eny ectbn or procesdinp�,�nd sh�N aMo <br /> be enNdud W meke eny cx�mpromiss or settlement In connaclion with such takin�a demsye.In the event any pcxtbn of th�Pro�Ry h <br /> so taken a damaged,Lender shAll have lhe optbn In Ib eole end ebsolute diacre:lon,to epply ell euch proceed�, �flar d�Mx:lin� <br /> thetetrom ail costa and oxpensea Incurred hy It In connection wlth auch Proceede,upon any Indebtndneaa eecu�ed hereby and In st� <br /> order a�Lendur mey dotermine,or to spply all wch Proceads,aRer such deductlona,to ths restontbn of the Pro�N►Ry upon euch c�on-� <br /> dltlon�as Lender may determ�ne.My eppliraitbn of Proc�eds to indebtednsao shell not sxtend or patpone the due dn�ts ot�ny p+�y�►„r. <br /> ments under the Note,or curo any deMult lhereunder or herounder.Any unapplied funds ehall be pAW to Tniator. <br /> g,p��onnanc�Ery L��cNr. Upon lhe occurrance oi en Event oi Default herounder,or If eny ect ia tsken ar kfgal pracasdinp <br /> commenced which materiolly aflecta Lender'�interost In the PrapeRy,Lendsr may in It�own dlsc�eUon,but without obApatlon W do w, <br /> artd with�ut nntice to or damand upon 7ruator end wilhout r�leaaing Truator from eny obligatbr,do any Act which Tmata haa�preed <br /> twt Ta(led W do end may elso do eny othsr act it deems nsceaaary W protect the necu�ity heroof. Trusla sheil. imrr�ilat�ly u�wn � <br /> demand theretor by Lender,pay to Lender all costa and expensee Incurrsd and sum�expended by Lende�In connecllon with the sxsr- <br /> Gae by�@�;ql,{he tore�o�nq.�ighta,topether with Intsreet thereon at t�a r�ipuR rete proYWed In the Note,whioh ehell bs added to <br /> ►he fnda tedneaa secured hereby.Lender ahaH not incur eny flabllfry becauis�e oi anythinp It may do or om�t lo do hereunder. <br /> 9. N�sudous MabNais.Truator ehaH kesp ths Property 1��complience with all appilcabb laws. adinanr.e�end requletions <br /> mlating to industrial hyglene or environmentel protedlo�(oat�ecdvely roferted to heroin aa'Environenental Lewe7. Trustor shell keep <br /> tl�d Property frae from a!I substenr.os deemed to be ha,��,rdous ar toxic under any Envtronmentel Lewa(collectivoly reteRed to herein <br /> ea"Hazerdous Materiats").Teustor hereDy wartents and represents to Lender that th�ere are no Hazardoua Mate�iais on or under the <br /> Properly.Tn►sror hereby ayrees to lodemruiy and hold ham�ess Lender,fts dlreCors,efficers,e�mR�oyees end aflente,end eny eueces- <br /> sors to Lenders tnterest,irom and agatnst any and all clafms,darteages,bsses and OabftiUes ar�stng In eonnectbn with the presence, <br /> use,disposal or transport at any Haza�dous Matariah on,under,from or about the PmpeRy.THE FOftEa0IN0 WARRAN?IES AND <br /> REPRESENTATIONS, AND TRUSTOR'S OBLIOATIONS PURSUANT TO THE FOREGOINC3 INDEMNITY, SHALL SURVIVE <br /> RECONVEYANCE OF THIS OEED QF TRUST. <br /> 10.Assl�ortNnt of R�nb.Tn�.sta hereby astlpna to Lender,and prents Lender a ascuriry interest fn,ell prosent,tuiurs and <br /> efter erisin9 rents,Isaues end proflts ot t9�o PropeRy;provided that 1'ruator shall,until the occurrerx�c�la�i Event oi Defeuft,t�srsu:�ar. <br /> have me right to coilect and retaln suc�rann,issues end profits as they become due and payaDte.Upon the occuRence of an Ev�nt ot <br /> Qefault, Lender may,either in person or by agent,wNh or without b�inpfng eny action or proceeding,or by a reoeiver appointed by a <br /> court end without regard to the edequac��of ita security,enter upon and take possession of the Property,or eny part lhereof,In its ow� <br /> name or in the name oi Ihe trustee,end do any acts whloh it deema necessary or dealrable to proserve the naiue,marketeWlity or <br /> rentebtlft�y of the Properly,07 ai►y part thereot or Interest therein,or to tncrease the Incame therefrom or protect ihe secu�ity hereof and, <br /> wfth or without teking posseuslon oi the Prapedyr,sua for or oU►erwlae collect the rants,isauea and proftt�thereof,induding thoae past <br /> due and unpald,by noUfying tenants to maka payments to Lerwar.Lander mey appty rents,fssues and profits,less costs end expens- <br /> es oi operatlon and collecti�,n IncludlnD sttomey'a fees, to any tndebtednesa secured hereby, ell In such order as Lender may deter- <br /> mine.The entering upon an�taking possession of the Property, the col{ection ot saoch rents, isaues and pmfits, and the appi�attcx� <br /> thereoi as eforesaid shall nmt cure or waNe eny dafeult or notfce oi defauit hereundor or inval(date any ect done in reaponsa to auch <br /> datauft or pu�suant to such notica ai deisult end, notwithatendfng the contlnuance in pasaeSSM,n 4f the pr�,pc+iity or the cANection, <br /> recelpt and appiic�tion oi roi�in,i�ues vi�,n',itt��Ttust^w stt�LCS�.�'r�h.^•!!��tSUtl�!!o e�re3s���!ry�ght�r�►���nd tor in�ny of the <br /> Loa��nstnxrx�nts or by law upon occurtence of any Event ot Oef�ult,InCluding wittKwt Itmitatlon tha rlpht to exorclae the power of eale. <br /> Furfher,LendaPs riphts and remedles under this paragraph shall be cumuladve wlth,and in no way a Ilmitetior�an,Lender's rights and <br /> remedies under sny essipnment of lea�ea end rents reoorded epa(nst the Property.Lender,Trustse and the recotver shall be Ilab{e to <br /> account ony for thoae renin ach�aily received. <br /> 11.Ewnts ot D�hult.The folbwinp ehall consatute sn Event of 6efauit under thia Deed of Troar <br /> (a)Fellure to pay eny Instellment of p►focfpol or Interest or any other sum aecured haroby whe�due; <br /> (b)A bread�d 4r defauit under any provi�lon contalned In the Note,thts Deed oi Truat,eny of the Loen Inatruments,or eny <br /> other Ilen or er�Knbrsnce upon the Proparty: <br /> (c)A writ ot�xecution or attachment or eny simltar process ehall be ontered againsi Tniator wh�h shaH become e Iten on <br /> the Property a any portion thereot or Interoat thsreln; <br /> (d)There ahall be fllsd by or epainet Trustor ot Bortowar en actlon under eny present or tuture federal,atate or etl�er atetute, <br /> law or rpuladon r�Hnp to b�nkNptcyr,Insolwnay or oth�r rollul4or debton;or thsro thall�bs eppolnted any Wste�,reaelver or <br /> I�quld�tor o/Truata 4r[iorrowsi ar ot aN or any part M ths Property,or the rents,Issuss or pro8ts thxsot,or Trustor or 8orrow�► <br /> shall make eny�enoral aqslgnment for the beneflt oi creditore; <br /> (e)Ths aeb,tro�s�er,lease,asslpnment,c�rveyanoa or turther encumbrance of all w�ny•peA.mf or my intFxwt In IM <br /> p�p�rty,elther vokq�T�rify or lnvolunterlly,without the exprese written conaon2 at tender,provlded that i'rusta shell be pem�tt- • <br /> ted to execute e IeASS of tt►e f>roperty that does not oontaln en optian W(wrchase and+tha term of whba does not sxasd one <br /> year, <br /> (�qbandonmeni vl 1t�!Property:or <br /> (g)If Truator is nal an indlvldual,the tssuence,sele,trenater,eastgnrrwnt,conveyance a encumbrancx of more than(It e <br /> corporeyon)e tda)•riJ�,,.�perc;ent ot Its Issued and outatending sicsck,or(ft a parMershlp�e totd oi psr- <br /> ceM at peRnershlp intetasts,ar(A e�Imlted Oability oompeny)a totel oi petcent of the Ifmfted Ilabitlty oampa- <br /> r�yi7l�nsts or vodn8�ights di�rtnH the perlod thts Deed ot Trust remalns e Ilen on the property. <br /> �2,RW�dln;/1eaNntlon Upon D�huR.In th�e event ot eny Event of Defeult Lender may,without nodoe except as requlred <br /> by law,declaro eN IncSr.�iedness BeCUrod herobY to be due and payable and the eame shall thereupon becort»due end payable wlti�- <br /> out eny presentment,demand,protest or nolloe oi any klnd.ThereaRer Lender may: <br /> (e)Demand that Truatee exercfse the POWER OF SALE prented heroln,end Truatee shall tttiereaRer cauae Truator's Inter- <br /> est ln�he Properly to be sold end the procee�da to be dlstributed,all In the manner provldea tn the Nebraake Trust Daeds Act; <br /> ��b9 IExArolse eny end alI rlghto provtded for in eny ot the Loa� Instruments or by lew upon oawRence ot any Event ot <br /> Detautt;and <br /> (c)Commence en ecUon to faeclose thls Deed ot Trust as o mortga�o,�ppulnt e recelver,or spgcllk:atly enforce any of tho <br /> covenante hereof. <br /> No rernedy hereln confe:�ed upon or reaerved to 7rusteo or Lendor Is Intended to be excluslve of any othar remedy hereln,In the Loan <br /> Inshumente or by lew provlded or pertrdltod,but each shall be cumulaGve,shall be in eddiHon to every other remedy gfven hereunder, <br /> Irt the Loan Inatruments or now cx hereaR�r exlattng et law or In equlty or by stetute,end may be exorclssd concurreMy,lndependently <br /> or succeslvoty. <br /> 13.TrustN.The Trustee mey reslyn et any tfine wlMout cause,end Lendor may at eny time end wkhout cause eppolnt a auc- <br /> cessor or substltute Truabee.Trustee shall not be Itable to any pgrty,Including wlthout Ilmltetlon Le�der,Borcower,Trustor or eny pur- <br /> chaaer of the Properry,tor eny waa or aamege unieaa due io redciesa or vnmui miai�wiui.;,aini onan irin im ioyimva�`a�iw�o a�:�ovw.. <br /> In connectbn with the enforoement of thls Deed of Trust unless tndemnlfled, In wdtlnp,for all oosts,compensatk►n or expenses whlch <br /> may be essoclated therewith.In additton,T�ustee mey become e purchaser at any sale of the Property Qudlclal or under th�e pcs�+iver of <br /> sele granied hereln);postpane the sele of all ar any pardon of the Property, as provided by law;or ee�l the Property as a whole,Qr in <br />— separate parcels or lots et Trustee'e dlacretlon. <br /> - 14.FNS and Exp�ns�s.In the event Trustee seus the P�vparty by exerc,lse of power ot sald,Trustoe shall be enGtled to appty <br />-- eny salo proceeds ftrst to payment ot all costs and expenses ot exerclsing power of sele,Induding alI Trustee's fees,end LendePa and <br /> - Trustee's ettomey's tees, ectually Incurced ro exteot pertnitted by eppllcable law.In the event Borcower or Trustor exerdses any r{�ht <br /> -- provlded by law to cure an�vent of Default,Le�ide�ehall be endtled to rncover trom Truator aIl costs end expenae9 actualy incuned as <br />-- a reault of Trustor's defaul4 Including wfthout Ilmltatlon alI Trustee's end attomey's fees,to the extent permltted by epplicab�e law. <br /> � 15. Futura Adv�ncoo.Upon requeat of Bortower, �ender may,et Ita optlon, make eddltbnal and future edvances end read- <br /> vances to Borcower.Such edvances and readvances,wlth Intorest thereon,ahall be necured by thls Deed of Trust.At no llme shall the <br />�_.�. - �.-.-_. .- , . .... �:-. �,�....,.,..... :.-�„:�aw�-�.:....-------.—_.__._--�-_'_y�r'`'�R—_-, . <br /> -- '-- -.... -::�...- ..... - ..�> �- .. <br /> .. ._ ..��.n�..�_- _. -. -.-. <br />- i•+sn . -- - �-- <br />