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<br /> � • 7.Emin�nt Oom�tn.lei�der la horeby n�otqned etl companaAtion,awarda,dameges end other payments or retlef lhareinattor"Proceeda'1 , �
<br /> in connectlon with condomnatlon or othor takMg of tAe Proqarty or part thereof,or for conveyance in Ileu of condomnation.Lender ehell �
<br /> tohon or domeged, Lendqr ehell hevo the optlon in ita aoio ond ebsolute discretlon,to app►y aIi sueh P►oceede,aftar daduating tharefrom
<br /> all eoata and exponaea incurrod by i4 In conneetion with suoh Proceeds,upon any Indebtedness sooured hereby and in suah order as
<br /> Londar mny detarmine,or to epply uil euch Pirocoeda,after sueh deduations,to the restoration ot tho Property upon suoh conditlons ea '
<br /> „ ,. lsndor moy dotermtna.Any applicatton of�roceoda to indebtodneos ahail not axtend or poatpone tAo due date of any peymenta undor
<br /> �th@ Noto,or aure eny dotauit thereundor or hereunder.Any uneppliet!tunds ahatt be pafd to Truetor.
<br /> S. Cutormuic�Ay lendor. Upon the oaurrenaa o4 an Event ot Dofauh hereundor, or 14 any eot is taken ot legal proceeding
<br /> � �commenced which materiaily effecte Lender's Mtereat in the Property,Lender may fn hs own dlaaretion,but without obtigatlon to do ao. ���
<br /> � � end without notice to o►demand upon T�uator and wfthout releasing Truator ftom any obligetlon,do any act whloh Truator hes agreed
<br /> but fatle to do and mey also do sny other aat ft deems neceasery to proteot tho security hereof.Trustor aha11,immedlately upon demend
<br /> � �therefor by Lender,pay to Lendar aU costo and expenaea incurced and sums expended by Lender in conneation with the exerciae by : :;q
<br /> �;:�;. � Lender of the toregoing rights,togother with Interest the�eon at the dafauft rate provided In the Note, which shall be addad to the
<br /> •• Indebtedneas secured hereby.l.ander Bhait not incur any fiabflity bscause ot anything k may do or omit to do hereundet. L �i?:
<br /> "+" "��-'� 8.Hm►doua lN�t�ri�ls.Truator shall keep the Property in complfance whh ail app��tv�'1,or�nances and�eguiatlons reiating to -�-
<br /> industrfel hyglena or environmental protoctibn Icolleativeiy reterred to herein ae"Environme?�ia Law 1. Truetor ehel�keep the Property �'``�
<br /> '.•'�;•����' trea irom all substenees deemed to be heze�dous or toxia undet any Envitonmentat Lewe tcolleativeiy refetred to herein as 'Hazardo4a �'�`"=_
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<br /> Matedats'!.Trustor hereby wartants and represents to lendqr thet there are oo Hozardoua Matorial on or under thQ PropartY.Tru9to� �;�
<br /> , , „� j hereby agrees to iMamnffy and hold harmtoas lender,its dlreatora,offlcota, employeos and agenta, and any suaceosors to I.ender'e .�:;-
<br /> �� i"�,Ati .;'• intereat, from and egainst any end all c�alma,damaeos,lassas and tiabilttlQa adsing in connection wfth tha presence, uee, dlepoael or �_
<br /> � transport of any Hazardoua Meterials on,under,ftom or ebout the ProPQttY•THff FORECi01NCi WARRANTIES AND REPFiESENTAT�ONS, _
<br /> •� AND TRUSTOR'S OBIIGATtONS PUASUANT TO THE FOREQQINd INDEMNITY,SHALL SURVIVE RHCONVEYANCE OF THIS DEED OF =-
<br /> �n�:
<br /> � TRUST. -_
<br /> .; � 10.A»ipnmeM of Rstns.Tntstor hereby asslgns to Lender,end grants Lender a seaurhy interest in,ail preaent, future and after _
<br /> � °:� �Ising rente,issues and proNte of tha ProDOrtlr:provtded thet Trustor ohalt,untll the occurrence ot an Event of Defeuk hereundet,heve ___
<br /> � � � the dght to colieat and tetain euch renta, iawes and profits as thoy become due snd payabie. Upon the occurrenca of an Event ot �„_ ,
<br /> Defauft, lender may,ekfier In parson or by agent,whh or whhout b►Inging any action or proceeding,or by e recelver appointed by a �.:,-
<br /> 7•:� coun and without�e8a�d to the adequacy o!ite security, enter upon and teke posaeasion of the Propany,or any part thereof,in its ow� _
<br /> name or in tha name ot the Truetee, end do any acts which ft deems necessery or deairab�e to p►eservd the value, marketabfilty or
<br /> , �;,,;•';•,��, rentebility of the Piroperty,or any part thereoto�interest therein,or to�ncrease the income therefrorn or protect the security hereof and, ��-�°�..
<br /> � �'�"�'� with or withaut taking posaesalon ot the Praperty,sue for or othervrise colleet the rente,lssueo and proiita thereot,lncluding those pest v
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<br /> �.�f?.•�� due and unpaid,by notifying tenente to meke payments to Lender. Lender may appiy rents,iasues and profka,fesa costs and expenses _ _
<br /> • �, ; � of operatlon and collectlon incfuding attomeya'feea,to any indebtednosa secured hureby,aIi in such order es Lender may detern►lne.The
<br /> � • entedng upon end teking posseasion ot the RopeRy, the coilection ot such rents, teaues and profRa,and 2he application thereot as ►=-_
<br /> ,I`�! �; etoteasEd,ehell npt curo or waive any defauft ot notice 8 t defauk heteunder o►invalidate any act done in resportse to 8uch defeuft or _
<br /> � �••" pursua�t to such notice of defeuit and,notwithst8ndin the continuance in poesesston of tha Propertlr or �he coilection, receipt 8nd =_
<br /> ' ' " eppltcation o!renta,issues or proftte, Ttustee end Lende�shall ba entitted to exercisa every dght provfdsd for in eny ot thc Loan
<br /> , �• instruments or by law upon oocuaence of any Event of Oefauis,including wRhout Ilmkation the rtght to exerctse the power of eate.
<br />- FuKher,Lender's�ighte and re�reedtes under thfs paragraph ahell be cumulat►ve wfth,end In no way e Iimftetion qn,Lenders rights artd
<br /> �,� �"� remedfes undar any esstgnment of leases arW�onts rscorded egsinst cAe Property. Lender,Tnretee ana me recelver ahatt be liabie to �____
<br /> • ' � account oniy fo�thoae rente actuaily reeetved.
<br /> �'�'' 11.�vam�of D�uR.The faltowing ehall constitute an Event of Defauit under this Oead of Tn�st:
<br /> :;•;,�. .� (a!Faiture to psy any Insteitment of pdnctpal or intereat of any othe�sum secured hereby when due;
<br /> ', �61 A breseh of or default under any provlston eomained in the Note,this Deed of S'nist,eny of ths Loan tnstrumenta,or eny
<br /> ' othet Iten or ertwmbranae upon the Property;
<br /> � (e1 A wtlt ot exeeution or attachment or eny aimilnr process shail ba entered agatnst Trustor which shetl Deeome a lien on tha
<br />- • • � � Property or any portton thereof or Interest therein;
<br /> td}There ahelt be fited by or egairat Trustor or Borrower en actton under any present or futur¢federal,stete or other statuo,taw
<br /> ._. ,. .. or�egulaUon relating to bsnktuptcy, insolvenay or othet Ielfef for dobtora;or there sheil be aapointed any truatee, recetvmr or
<br /> Iiquidetot ot Trustor or Borrower or of a!1 or any paR of the Roperty.Qr tha�ente,issues s:profits thereot,or Trustor or Borcowet
<br /> � ahaU make eny gensrel esaignment for the benefh of creditore;
<br /> '���,..,.�,��'. `, te11'he eafe,trenater,leeae,assfgnment,conveyanee or further encumbrance nf aU or any part of or any intere5t in the Roperty.
<br /> ��•��,�--� eRher volunta�lly or involunterity,whhout the expteas written eonsent of Lender:provided thM Trustor ahall be parmitted to execute
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<br /> _:-�, (�,��{; e�of the PropeKy that doea not contain en option to purchase end 4ha term of which doea not exceed one year;
<br /> ''l•'��Yr,� � tt9 416andanment ot the Property;o�
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<br /> '•,�r�;�.��i��,+ 4fl).{f Trustor iB not an individuet, the iasu�nce, seie,trenster, assignment, conveyance or enaumbmnce ot more 4hmn(if e
<br /> . � corporation)a tbtei�of�x/n percent of fte issued and outetending stock,or tlf a partnership)a tota l o f x/� per c e r rt of
<br /> - pertne�ship trrcereste, or a mRed Iiebittty company)a totat ot � percent of the Iimfted Ilabi�ity companTs o�vottng
<br /> rfghts during the pedod thls Deed of Trust remetns a Ilen on the P►o�
<br />- _ 12.R�m�dNs;AxNeaUon Upon D�taaR.�n the evant of sny Event of Defauft Lender may,without notice exCept as required by lew, ___
<br /> u.,;,,�._,,t.�.` declare ali indebtedness sacured hereby to be due and payabta and the same ahail thereupon becoma due end peyebia without any
<br />—.� prosentmeM,dernand,protest or notice of amr kind.Thereafter Lender may:
<br /> -f ��a-`�`•"' ta��emand that Trustee enercise the POINER OF SAL.E graMed hereln, end Trustee ahell theteaffer cause Truator'a interest
<br /> '�'�?�� - in the Property uc Cea sotd and tho proceeds to be dlstributad,ati in the manner providad in tha Nebraska Truat Dee�s Aat;
<br /> ' ' Ib)Exercdse anq and eli righta provlded for in any of the 4oan Inetniments or by law upon oacutrence of any Event of
<br /> ��r7���••.
<br /> "�•`��':��. Defauft:artd .
<br />,�''} '�'''`��' (cb 6emme�ee en aatton to forec►oae this Oaed of Trust ss a mort a8e, eppoint a recelver,or epectflestly enforae any ot the
<br /> t�.��;.:'.+,c. r _ 9
<br /> �.�r(���".k'%'. oove:rea�oes eareuf.
<br /> � `1' �, No tertoe�y Rtare�n oam4erced upon or reserved to Erustee or Lend�[s[s2ertdea Eo ke exciusive of any other remedy hetein,in the Loan
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<br /> � Irtsvamrnaa or�V tauw psovided or permltted,b�t oa��shali be aartul�civ�,oRa:t Qes in addittan to every other te�r.crdy givan Acrzurtdar,in _
<br /> tPia le�n I�tcvme2nto or now or hereaf4er exlattreg at law or irt ep��Y or by stoYU�e,and�nay ba en�rcised concum�tfY,jnd�a'1d',�ri7Y Ql
<br /> . ' � suCCessives�. . . . ----
<br /> 13t.Vm.z�ies. The Truetee mey res: n at any tirste without�ousm,anr�4ender:Qna�m any zimp and wfthout aeuse r,apatrrt m Euc�sar
<br /> . S ��:.:
<br /> ''� � .' ,' ov su3is¢i2�a�auatee.Tfuatoe stte�ae8 @3[::.�'3 to any perry.tatFa�ling without Umis�rtiam Lendar.�orcowor,Trustor or art��ge�c�"►mar.ed4 ,��•:-_
<br /> ���''• .. ' ' r the Fropemv. 4er en� losa or dama�Q unIr.�s ��a to�oektess or w+ItJaci mf�rtdaxtc, anrJ shall a�ot be required to tako �Ry m�tian in • ��"�"
<br /> `�'�'� ; `,��1,;".� connectton wkh tha a�n4oseement of this aeed a4 Yve�t ur►isss indemniHed,in vnisla�,4or•alt costa,compensetfon or expenaes wftich rt�ay Nl;ft�_
<br /> .. ,,r�
<br /> be asaodated therew3^.�.in eddkion,Truatee tnatl Q�tome e purchase�et enV�efa�41he Ptoperty(judiciat or under the power of s�Ja ;r;;
<br /> • : granted heretnl;postpone tho eate of aii or eny porcion of the Property,aa prave�c:d�+v law;or sell the Property es a whole,or in separa2o ;•
<br />- � : pareels or tots et TNStee's dfscretion. "'�`
<br /> ' � - 14.Fees and E�nsa.In the event Trurtae eell8 tho Property by exorefsQ o4 power of s�o,Trtustee sheit be entitied to apply any ea:� `�
<br /> -�� proeeads flrsc to payment of atl costs and expenses ot exateising power ot�o,m�va:r.g�r iFUSrse=s iaes,end iendere ano?.usiQa s �� �
<br /> � ettamey's fees,actually incurted to extent permitted by eppltcabte Iaw.In thcs cv+�nt t3aROwer ar Tnisf��exc�cises eny dght provtdod Uy �',�'
<br /> � � Iaw to cure an Event ot Defauk,Lender shel be entktad to tecove�trom Trustor atl aosts and eupenses actually lncumM au a recult of
<br /> - Ttustors deteult.induding wfthout IlmkaUvn all Trustee's and ettomey's toes,m tV�a extent pem�k4ed by applicabfa taw.
<br /> � � 15.Futun Advands.Upon request of Borrower,lender may,at its option,make addhlonet and future advances end readvances to
<br /> " Borrower.Such advancea and readvances, wkh interest thereon,shaii be secured by thls Oeed of Trust.At no timo ahatl tho pdndpat
<br /> � � amount of the indebtedrtess secured by thla Deed of Truet,not inctuding sums advanced to ptotect the aecurtty ot thia Oeed of Trust,
<br /> exceed the originai princtp&I emount etated heretn,or 8 ssi sso 00 ,whichever is greoter.
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<br /> � N8C9467B lKOnamkv►tuul Dee�Rev.8196 � ..
<br /> . . 1888 Nadanel 8Wi et Ccmmeres T�ust aM B�vinw/�aaoWtloe.tt�caln.NoO�asks
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