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<br /> � '� ;�`�'i �p�ocesds')in wnn�etion witn cundemnaUon or other talcing cf the Prop�rty o-part thereM.or tor oonveyance in ueu of oonQsmnaSan.
<br /> Leader shafl be emitled at its optlan to aommeno�.eppe2r in and prosecute tn its m�rn name any ac4lon or pmceedtags.and shatl etso
<br /> bs enGtted G�maF�e arry com��omLge or settiemen3 m oonnection w�fi such tafdng or damaga tn tRe event arry paAton of ths P�c�eri5►is �_..<.� •,
<br /> � .. . so taicsn or damaged. �9nder shall have the cplion tn its sote artd absatute diseretcan.tu appty aq sud�prooee6s. a8er Qeductlng .��4�`.
<br /> Y , � � tAerefrom a11 casis and ex�enses incurted by it in conne�ton tivith sud�Pmceeds.aPon any indebt�ness seau�ed Q�eceDy and in su�
<br /> �c4 ` orter as Lendet may determine.ot�ePP�(aD such Prmoe�ds.aft�r sucfi QeduGIons.to the restcratlon of tRe P�operty u�an saeh ms�
<br /> �.,"i�':�;. dRians as LenQer cn�y detemiine.MY apPficaBon ot Pr�ceeds to utdebtednass shalt not extend at post�aae the due Qate oi elry DaY�
<br /> . meMs urteter the t�tate.orcure any defa�lt thereunder or hereunder_ary una�pffed fimd�shall DB pak!to Tn�star.
<br /> . � 8.Per�aimanse bl►Lendec.Upon the accunenoe of an Event of Oetaeilt hereunder.or if any as!is tatcen ar tegal Proaeeding
<br /> � : • �mmanced whtch maisria4ty aftecis Lender's in�rest[n the i�roperty,Lender may in i�ls awc►�istxetlon.�v�thout oblig,ation to do so.
<br /> ` and viithoui�ntiae to or damand upon Tnrstor and w�lt�ut reteasing T�usWr fncm any oAUgadan,do any 0ct whfcA Tn.�sOor Aas agt�eed
<br /> ,'-_��' p�{���du and may atso do arry other act it deems nscessaty to Protect td�e se+auitY heteof.Tmstor shad, imm�ietely u�an `
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<br />�___--,._.-- dem�►d tReaator el►lendx AaY!a Lendsr a!!co�s and e�anses�na►rred and sums�xAendad by Lender tn connection with the exer- - ..
<br /> � c�ss by l.ertder oi tha toregolrt9 ri9h�s,Oogett►er with i�erest t�eraan at Uta defautt�provtded in fhe Nate.whtch shall Oa aQQad to .
<br /> . ' .' the indebtedrtess secured hereby.Lender stra0 not Inau an1/�bD'i4y 6ecat�se of anyUtin9(4 may do ar omit to do here� �
<br /> ` , . . g.0laaardous BAateetab.Tnistor shaU keeP��PB�Y �campGanco with all appfirabta haws.o�d'inanees and reguta�ans •
<br /> . . .� refa�ng t�iMustriaf hYgtene or envUonmerdal Pca�n(aoQecti+rery reterred tn hereln as'F.nvtronmeffial laws�.Tntsmr sha0 keep _•
<br /> t1�e FropeRy free trom aii substar►s�s deemed L�be ha7atdous or tmdc wMer any Enviranmental I.aws(ooltedtvelY refemed to heretn , .
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<br /> . . . °:; as'ita�rQous Nl�riaS�'1.Tcusbor netehy wrartaa�b as�d cep�sert4s ta Lender that tluHe ats no Hasatdous Materiais on or undar the '. .t
<br /> , PrapeKy.Tntstar hece�y agsees to tndemnify and ha'd hanniass lender.its Qireetors.oflioers.emptayeas arM agenLs.artd eny su� .
<br /> ' ` sors to L.eMers tntecesf,from and egainst arry and atE da�ms.daana9es.tosses and Iiab1itFes arising in connerdion w0h t4�e pcesen�. _�
<br /> use.d�sposal ar transpat ot arry Hazardou,s Materiats an.wder,fcom or a6out the Property.THE FOREGOlHti WARRAMIES AND
<br /> , �'; �`ti." REPRESENTATIONS.AND TRUSTOR'S QSUCATIO{�iS PUl�SUANY TO T11E FOREGOtNG WDEMI�IITY.SHALL SURVNE
<br /> , , �'.;5 RECAM/EYAAtCE OF'iHfS OEED OF TRUST. . .
<br /> • 10.Assigrtme�t of ReM�.Tcustor Aeretiy ass��s to tesQer.and grants Lender a security U►terest tn.a0 P�esent,future arM
<br /> °..;•;. ,. .� ;. after arLsing rents.issues an0 profits a!the PmDertY.provfded that Th�sLor st�l.w�h?the aoeurtenae of an Event of Oofa�hereundei �•".��
<br /> , • .} .�- have the dg1�t to aoilet�and cetain suc�reMs�issues a�d profrls as ihey heoome due and payabte.Upon the cca�mence a!an Event o! .�. •-.:;F
<br /> � ' `� qefau(�le�er may.either in parson or by agent,wit�or without brfrtging any action or prooaefing,ar by a recet+rer appainted by a
<br /> . ..__ ...__ = ' aouR and vriMout�gerdto 8�e edequacy o!iis�►.eRLar Wos�and take Rossession oi tde Pmparty.or any pact thereaf.in its avm _ •
<br /> � � �,;'.:� name or in the�ame oi ths Tn�tes.aM do 2rs�.ads Yfiid�it Qeems rtec�sa�yt or desirabie to ptesa�ve fhe vatue.marketab�yl ar . .
<br /> . �:`� . tentabilit�l of the ProDe�tY aratty part fheregf acir.tetest thetein.or to(n�the inooms thereTrom ar proflect the securit7l heraof 2.nd.
<br /> � . ,< �: w�A or withauttat�ng Poss�On of tAe Pr+o�e�tY.sue 4or os othe�vvtse wllect the rer�tssues ar�d pmfits iherea}inr�,ding tlwse Dast : ' �
<br />.. �.,;'•y due and unpal0.b1►naY�n9 terta�s to make paymeitts to lender.Lender may apply�ertts.i�and pmfits.tess oos�and e�ensr �:�,•;;
<br /> - - � -• ' �of operat[or►and aallectton(asdaidmg atGomay/s tee�.tu any�bDedness secuce0 hereby.atl in su�fi order as Lender may Qeter- ���;i�,.
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<br /> , ;;;;f:' rt d r i e.Th s e r�r i n g u p o n e n d t a t u r i g��s o t t h e P n c p e r t y. thv�»ot su�re�ts.issues and prafitg.and the sppSt�Bon �... _
<br /> : .- ��''., thareof as afaresafid sha0 not cure or v�ra:�+c��r�+y deiauit or notice oi Qei��r-�eunder or imraRdfate any act Qane in�sgonse to suds
<br /> •� :! defautt or putsua�to sud�aottce uf defau8�d.nadwithstandin9 the�TM�uance in possession of fhe�mPeKY or tne coitectiaav�
<br /> �l: ce�s3�t and appl[caUon oi�enL4.issues or Praffis.Tnstee artalender shafl be enUUed to exe�cise every dght D�ded for in any of t!� !� .
<br /> . � . :1. Loan tnstramenis or by Iaw upon caamertce oi afil Event of Qefautt,[nduding withaut IlmitaUon the rf�t to e�cerdse iha powet of sal� �1;��,__=_
<br /> ;�;.� �urther.Lenders rtghSs and remedies urider�para8reph shaU be aimutatIve�vJih.and tn no way e IimitaUon an.Lenders�[gttts and �,r�,:,
<br /> `. ' �• r�emedtes under arry assignment oi teases�r�b reaor�ded aSa»�e�+vpeRy.Lertder.Tnistee and the reoeiver shaD be tiab:s t� �•�_�-,
<br /> . .I '��� eaeount onty fir B�asa�ents actualry reoeiv� � ' �
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<br /> , . . ,';.r�: 19.Evart�of Datauit Ths folfaw(ng s7sail wnstiNte an Event ai O�dt under ffiis Oeed of Tmst �___,;
<br /> .''`•; •.: =; . (a)Fa,�ure to pay any InstaltnFent oi prindPal or iMe�est oraml oU�er sutr►secured hereDy when due: ----
<br /> - , •'"�'�i (b)A bteaM ot or Qefauit under arry pTOVis[an centalned In tt�e Note.fhis Deed atTtust.arry of the I.,oan trtsWments.or an]► . ��H_:-
<br /> ' . . . . : ;; otherUenaertam�b�anceupontheProperiy: �+"`'•.•
<br /> ::,,;., :� (cj A writ of executfon or athachment or any similar prooass sh�11Ye�nteced a g a tnst Tnistar whlc�sha11 beoome a fce�.C°�r.
<br /> `.^;�;;v;:.. the Pcaparly or any poRton Mereoi or inteiest therein; . �'T'
<br /> �• ? .,. f� (d�There s�ap ba fited by ot against TNSto:or Bortorver an adton under arry present or tuture TeQeral,stata ar other statute. ��,�'�-
<br /> . . � law ot regutatton retatlng to 6anlwptcy.tnsoMen�y or other celtef far deLtcre;or ihere ahatl ba eppointed mry husLee,�eceB►er or ����__
<br /> . . ' liqutaator ot Trustar or Borrower or ot a11 or ery part af ihe PropeRy,or fhe�anb,issues or prafits thereof.ar Tcu�or ar Bortawar -_
<br /> : � .��,;, .?� shaU maka ar�y 9enera!assignment for the berteffi of a�sSLors: -
<br /> � ":'�:�4�� (e)T[tisg e-ate�transter.Iease.assignment camreyancs or tuMer encumbranoa oi a0 or arry paR o!ar mmy tn�r�ast in the
<br /> , • . �`: `. propedy.�83�er wtuntani y or fnvotunta�i[Y�wft�out the exDresa written wnserd oi Lender,prav[Qed fAat Tnrstor sl�a0 be psrenit -
<br />_ ' . ; � ted to execuGa a tease ot t�e Proporiy that does not ao�iin an opUon to D��e and the tertn at.xfii��not exoeed uno =
<br />- .:•x �AbandonmeritoPtitr�P�opaRy;or '''
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<br /> .. . • (g)If T�is�sat r�individuai.the issusnae.safa.trensfer.assi�menf.oomreyanca or enam�Oranaa oT more than(ii e �.?
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<br /> aarporati�)�t�3 m�B,__,,.__Dercent o�ib issued and outs�edtng stedc.or(H a DaMetsht�)a tatal ot per .
<br /> �. h'' �� cent ot P�►er5h?p�r�am�sts.or(if a�mG�eO liab0lhl company)a tot�l�a7 percent oi t�a IimiOad tlab�ity oompa- ' <
<br />=' ' ' •>r°.. . �ry interssfs or votln��y�!is dudng�ta perlod this Deed of't'rust rema�s a Qen an the pmperty. : .a�, �.-
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<br />_,.�..� .�, ; 12.Remat�tes:Iletetfa.�on ttpom�tofawit tn Ne event of eny Event at Oefa�dt J�nQe►may.�nritt�out no9ae exoept as requinad ;.l. �:
<br /> . �'i.:,i;;,,,," `� by taw.dectate aU indebtedness secured h2�e�y fo 6BeQ�e and payat�te and the same shaU tAereupon beoome Que artd payahte vrttli-
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<br /> • , � out any p��mnt,deman0.pratest or na9oa.otarry k(rtd.fier�zaNer I.rinQer may:
<br /> - � '`�"�r;�"•• � (a)IDernand that 7asfleB exerraso�tlx�POWEI�OF 9ALE gr��ted herein.artd Tn�stee shalt thereaner cause Tn�fs inUer-
<br /> � est in tha P�opedy►to be sotd and the Rr,oceedsto be dis�ibu�e0.,al3 zn the manner pmvtded in the Nebra�Tnist Oeeds EU�
<br /> ' � (b)Exerdsa any and atl rtghb provtQed 4ar tn e►ry oi ihe Loan InsUumenb or by taw upon oa�nenae o!any Euent ot
<br /> Oefaul�and �
<br /> - ,• � � • (a)Cammence an actlon to forectose Ws Oeed of Tnut es a martgage,appoint a reoe[ver.or speciftcalty e�acoe any oi ttie •
<br />- � oavanantahereof. •
<br /> ""t���"'�`•� • No remedy here�.oonterte0 upon or resepve0 Lo Tnistee or Lender is intende0 to tre e�usivo ot any ather reme6y►herein,In tt►e loan .
<br /> �; ,:�"��;��,rt��:��r�,;� .. tnsWmeritsac Ly caw Dravtded or pertnitted.but each shatl be wmutativa.sl�aU bo in addiUan W every other wmeQy given hareunder. .
<br />�:;•. • In the Laan Mstrumenb or now or hereafter exist(ng at law or in equity ar by stffiut�artd maY b0 exerdsed oonaurentiy.inQeaenQentfy
<br /> • . . . � or suooeslvey.
<br />`• � � ' 13.T�e Tha Trustee may resign at any time withaut cause.and Lender may af any time and vrithaut Eausg appotnt e suc�
<br /> . cessa�or substiwta TrusOee.Trustee sha0 not be Itabte Lo eny par�►.inetuding wlthau!limitatton tender.Bomowet.Tntstar ar eml ptu
<br /> . ' , ehaser af the PaoPartS►.for any toss or damage untess dae ta reeidess ar NApfid misoonduct.end sAaU not 6a required b take arry uttIen
<br />� � � . • in oonnect2an vqitt�the enforoement o1 this Oeed o1 Tn�t wtess Indemnified.in writing.tor ail oesb.eamAensa�cn or e�enses v+fii� �
<br /> . may be assodaLed therewith.ln eddi8on.Tnistee�nay heooma a purchasor at ar�yt sate ot the Property Qu�dal ot urtdor ttte pawer oT ,
<br /> .. . sala granted heretn}•postpone the sale at aU or any portion ot the PsapeRy.as pmvtded hy law;or se11 the PropeRy as a wMfe.ar tn
<br /> • � sepatate paroefs cr tots at Trustee�s dLs�x�e�on. .
<br />_ , � 14.Fees artd FYpensa9.In tha eve�Trustee selts the Propa�ly by exerdse oi poHrer oi sate,Tn�stes shail Da�nfit�to aDAN
<br /> - any safe prcoeeds first to payment of all msts and esroenses M exercising�m�ler of sate.tnd�dtng&II Tntstea s fees.end LenGei'8 and
<br />— � ' Teustee's atfnmeys tees. acO�alty ineumed to exter�patmitted Ey ePPlt�ts taw.tn Ute evert Betrower er Trusmr exerdses anY t�gRt ..
<br />_;- .. provided by taw to au�an fvent ot Oefault,LenQer shall ba e�itted tu reaaverfrom TrusDor aU oasts and expensss e�r31H inaured�s .
<br /> ~;` , ' a cesuibf Tn�.Sinrs dataulf.inctuding without IhnitatEamaU frust�a ertd atbrneys fees.to the extent permitted by aApfIea6te law•
<br /> � �: 15.fuhw Advanata Upcn request o!Bomar��er.lender may,et its cptt�n,make aQdiUonaf arta tuhue aGvattoes and rea�
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<br /> '. � . vanaes to Bnrrawer. Such eGvanoes and ceadv�oes.rrtm mtmest 6setetm.siieiZ its secu:ad!qt tla�€3a�s!s..'"Tad!'.t salisr.r s�ali
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