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<br /> 'proceeds')in connectlon with cond�mnatla�or other lekinp of Ihe Prap�Ay w part thereof,o�r�r conveyancs In INu ot cundamn�twn.
<br /> Lender ehall be enGtbd�t fts apCion to oommenoe,appsar In and prowcute In R�own name eny er,llon a proceedktp�,ond N►�1 sho
<br /> be entitled to make eny comproml�e or�tlbment In conneCtlon wlih ouch teklnp or demaao.In Iho event any poAion a(tho Prnplrty��
<br /> so taken or dameged, Lender dhall heve the opllon In Ita sAle end ebaolute dlacretlon, lo upply all auch proceadm, pRer de�ducttrp
<br /> therefrom all costa aixl expe��ses Incu►red by it In connectlan wlth such�rocaede,upon eny IndebtadnesB aecurad horoby end In such
<br /> order es Lender may detertnine,or to epply all euch Proceed��after euch d+�ductlona,ta Ihe resloretlon of the PropeRy upon auch obn•
<br /> ditions es Lender mey detertnlno.Any eppticaition of Proceede to I�debtednets ehall not extend or po�stpone lhe due dste o1 sny pay
<br /> ments under the Note,or cure any defeult thereunder or hereunder.Any uneppiled funda shall be pald to Truator. ��
<br /> B.Perforn�nc�by I.�nd�r.Upon the occurrence ot en Event oi Delault herevnder,or It any ect is teken or IeQal pr�.eedinp i
<br /> commenced which metertelly eNecls Lender'e Interest In the Proporty.Lender may In ila own dlscretion,but without obiigation to do so, �
<br /> end without noUce to or demand upon Trustor and wilhout roleasing Trustor(rom eny obligetion,do any ect which Truatot hes epraed �rl
<br /> but fafled W do and may also do any other act it deema neceaeary to protect the security hereoi. Trustor shall, Immedietely upon �
<br /> demand therefor by Lender,pa�P to Lender all costs and expenses Incurred and sums expended by Lender In connection with the exon
<br /> cise by Lender oi the toregoing cights,together with Interest thereon at the defeuit rete provtded In the Note,whtch sheli be ciddded to
<br /> the indebtedness secured herab�.Lendar shaU not incur any Ilability beceuse of anything 12 may do or om(t to do hereunder. Ip1
<br /> 9. H�sardou�IIA�taNals, Tn�stor shal! keep the Property(n compliance wfth all appiicable laws, ordfnances and reguletlons �
<br /> retating to IndaSlrl�i hygiene or onvironmentfll protactlon(collecUvely referred to hereln as"Envlronmentel Laws').Tn�stAr shetl keep
<br /> the Properly f�en trom aii au6stances deemed to be hezerdous or toxic under any Environmentel Laws(coll�ctively referred to hereln
<br /> as'Nezardous Matedals').Trustor hereby war►ants and represents to l.ender that there are no Hazsrdous Materials on or under the
<br /> Property.Trustor hereby agrees to indemnify end hold hermless Lender,ita directors,offlcers,employees end agents,and any succes• "
<br /> sors to Lenders Interest,irom and egalnst any and all claims,damages, losses end Ilabitities arising in conneetion wllh the presence, 4"•�
<br /> use,disposal or hansport of any H�.ardoua MateHals on,undor,from or about the Property.THE FOREGOING WARRANTIES AND �--
<br /> REPRESENTa1TI0NS,AND TRUSTOR'3 OBLIGATIONS PURSUANT TO THE FORE(301NG INOEMNITY, SHALL SURVIVE
<br /> REC�`NV'YANCE�F THIS OEPO UF TRUST. -
<br /> 70.Assipnmunt of R�nt�.Truato hereby assigns to Lender,and granta Lender a security interest In,all present,future and
<br /> after adsing rents,fssues and profits ot lhe Property;provlded that Trustor shall,until the occurtence ot an Event ot Default,hereunder,
<br /> have the right to collect end retaln such�ents,issues end proflts as they become due end payable.Upon the occurrence ot an Event of
<br /> Qetauit,Lender may,elther ln person or by agent,with or without bringing eny action or proceeding, or by a receiver appointed by a
<br /> couR end without regard to the adequecy ot Its aecurlry,enter upon and take possessbn of the Properdy,or any paR thereof,in Ila awn
<br /> name or in tho name of the Tr�slea,end do any acts which It deams necessary or desirable to preserve the value,marketeblllty a _
<br /> rentablliry oi the Property,or any yart thereof or fnterest therein,or to inaoaae the Income therefrom or protect the security hereof and,
<br /> wlth or without taking poasessioa af the Property,sue for or otherwtse collect the rents,issues and protits thereoi,including thoee past -
<br /> due end unpaid,by noNiying tenants to make payments to Lender.Lendor may epply rents,issues and proflta,less costa and expens-
<br /> es of operation and oollectk►n In�uding ettomeys tees,to any indebtednoss secured heret�y,all in auch order as Lander may deter-
<br /> mine.The eniaring upon and taking posseaslon of tha Propeity,tho coUection of such renta,Issuea and profiffi,end the applkation
<br /> tfioreof as aloresald shall nat cure or waive any detauit or noGce oi default hereunder or Invalidate any act done 7n response to such
<br /> a�tauh w pursuani io auch noiice ai cFniauii and, i�,twit��sl�e�lry i�a c�rUruaacs In �a�a�iar�af 2ho psapafi;or the co8ect3Qn,
<br /> reoetpt and apptkation a(rqnta, Issues ar proflb,TNStee end Lender shail he en8tled to exerdse evary rlght provlded tor tn any of the
<br /> Loan Inahumeats ar by Iaw upo�occurrence of any Evant of Defauit,including without Ifmitation the right to exe�cise the power of sale.
<br /> FuRt�,Lender'e riphte and remedies under thla paragreph shall bo cumulaUve wlth,end In no way e IlmiteBon on,Lender's righls and
<br /> remedkie under eny asstgnment ot leaaea end rente rooaded egalnst the Property.Lender,Tn�atee end the reoelvor shaG be Il�ble to
<br /> ecoourd onty tor tlwae rents ectuaYy teoelved.
<br /> 11.Ewnb of tHhui�The followin�shaN conedtute en Event of Default under thla Deed oi Tniat:
<br /> (a)Failure to pay any instellment ot prindpal or Intereat or eny other sum aecurod heroby when due;
<br /> (b)A breach o(or dafauit under eny proviebn conteined In the Note,this Deed of Truat,any of the Loan Inabumenb,a eny
<br /> other Iten or encumbrance upon the Property;
<br /> (c)A writ ot execudon or attachment or any elmilar procesa sha�l be eMdred apalnat Truator whlch shail becorne a Ibn on
<br /> ths propaty or eny portbn therooi or intersst thersln;
<br /> (d)Tfiers�hap be filad by a e�alnst Tniator or Borrower en actlon under eny prosent or future tederel,etate or othe�uatute,
<br /> law a npulaHon nlat(np to bankruptay.Inwtwnay or oth�r nIIM tor d�btorst a th�n shsH b�eppokNed�r►y trus�.nc�iver or
<br /> liquidetor ot Tnattor or Bortowsr or of alt or any psR ot fhs Property.or the ronte,isaues a proflk theroot.or 7nistor or 8on+nw�r
<br /> s1uM make any peneral asspnment for the benefit ot creditore;
<br /> (e)The eale,danater,leaae, aaaignment,canveyanoe or furiher encumtxance of afl or any paR ot or eny interen In th�
<br /> Properly,either vdunta�fly or fnvoluntedly,without the expr�aas written oonaent of Lender;provided that Trustor shell be pem�k-
<br /> ted tn execute a kaae of the Property that dooa not contafn en optbn w purohase and the term oi whkh does not exceed ons
<br /> year,
<br /> (n/Ib�ndonment of the Property;or
<br /> (g)If Tn�stor Is not en Indivldual,the iasuence,sale, trenster, essignment,conveyanoe or encumbrenoe ot more fhan (H a
<br /> caporadon)e totel of peroent oi its issued end outatanding stodc,or pf e paRnership)a total af per-
<br /> cent oi partnerahip intereata,a(H e I{mited Ilability company)a total oi peroent ot the IimiEed Ilabflity oanpe-
<br /> ny intereats or votlng dphte dudng the period this Deed ot Trust remalns a Ilen on the property.
<br /> 12.RNn�dNs;Acc�Nrado�Upon D�hult.In the event of eny Event of Detault Lender may,without noUce except es roquired
<br /> by law,dedare ell indabtedneas eecured heroby to be due end payable end the eame shel!thereupon become due and paya6le with-
<br /> out any presentment,demand,protest or nodoe ot eny kind.ThereaRer Lender may:
<br /> (a)Demand that Tn�stee exencfao tha POWER OF SALE pranted herein,and Trustee shelt thereafter cause Trustor's Inter- -
<br /> est tn the Property to be sold and the procoeds to be distrfbuted,alt In the manner provided in the Nebreske Trust DeedsAc�
<br /> (b) Hxercise�any and ail righta provided for tn any oi tha Loan Inshumonts or by law upon occuRence of any Eve�r,i of
<br /> Defaulk and
<br />- (e)Commence en actbn to forecloae this Deed oi Truat as e matgage,eppofnt a receiver.or apedflcally enMrce any of ths
<br /> covenanb heroof.
<br /> No remedy hereln conferred upon or reserved to Trustee or Lender is intended to be excluafve oi any oMer remedy heroln,in the Loan
<br /> Instrumenb or by law provldad or pertnttted,but each ahall bo cumulaUve,ahali be fn addidon to every other remedy gtven hereunder,
<br /> in the Loan Insbuments or now or hereaftor existlng et law or In equlty or by ststute,and may be exercised concurrenUy,independendy
<br /> or sua;eatvely.
<br /> 13.Tru�Mt.The Truatee may resign at any Nme wlthout cause,end Lender may et any time end wlUwut cause appolnt a suc-
<br /> Cesaor or aubstitute Truatee.Truatee ehali not be 11ab�e to any partyr,inctuaing w�mout umitanon�ender,dortower,t rustor or eny pur-
<br />- chsser of tho Property,for any losa or demage unless due to reckless or wlllful mtsconduct,end ahalt not be requlred to take eny actbn
<br />= in connectton with the enforcement of this Deed ot Trust uniess indemnifled, (n w�fting,for all costs,compensation or expenses which _
<br />- may be essoctated therewith.I�additbn,Trustee may become a purcheser et any sate of the Property(judicial or under the power of _
<br />:': sale grantod horein);postpone the sale of alt or any porUon of the Property,as provided by Iaw;or sell the Properly as a whde, or in =
<br /> � separete parcela or lots at Trustee's discretbn. -
<br />_� 1A.Fees and Exp�mes.In the event Trustee setls the Properly by exarctse of power of sale,Trustee shaA be enUtled to apply =
<br /> - any sale proceeds flrst to payment of all costs and expensea of exerGaing prnnrer of sale,Including all Trustee's tees,and Lender's and -
<br /> � Trustee'a attomey's fees, actually Incurred to extent permltted by applicaDle Isw. In the event Borcower or Tnistnr exerctses any right _
<br />-a provided by law to cure an Event oi Dof�ult,Lender shall be entitled to re�over from Trustor all cosb and expenses ectually tncurred as -
<br /> a result of T►ustoPs defaufY,inctuding without Ilmitallon ail Trustee's and attomey's fees,to the extent permitted by applicable law.
<br /> �� 1G.Futuro Adv�nce=. Upon request of Borrower,Lender may, at Its option,make edditlonat and future advances and read-
<br /> ° vances to Borrower.Such advances end readvances,with Interest thereon,shall be secured by this Deed of Trust.At no time ahali the
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