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<br /> • • ' - 7.Emiseut pom�Sn,tender ts hereDy assigned eD esmAensat€on,tsvvAtda.d8niagns and other DaVments or relief lhereinafter'Procesd3'I S . r
<br /> , �'E in connect[�n with wndemnetion or ather taSdr►g of tha PtopettY ot psrt thereof.or for eonvayenca in lieu of condemnaUon.Lendor shaU '
<br /> - • talcen ar damaged.L�►dsr shat!hsve ths oytt�n�n ita eoie and absotute dlscreNon.to appfy aD sucA Paoceeda.after Qeducting tderetrom ` �
<br /> . eli�aoste and exp�naes Utcurted Ey Ft tn eonnactloo with euch Ptccaeds,uAon enY indeDtedneas eaeured hereby end in sueA oMet es ��=s4-:
<br /> ' ` 4>` • /�Qar m�l detertntns.or to aPAN all sur.R�Procaeds.after suN deduct[ana.to the reatotation of the Property upon sueh oonditions sa - ': �
<br /> ; ` ,� . ��(LenQer may-detemdne.Arry epA1���on of PraceaQs to tndebtednctse eDat!not eztend ot po9tpon�the due d8te of eny Qayments urtder
<br /> ��pthe[1t�ie,or cure any Qatault tt�eraunder ar hereunder.Any unappiied tunds eha0 6o paid to Trustar. •� ���
<br /> ,•- c; ` (�,� g.per{armancp Ay 1+end�r.Upan tho ocaurenca of en Evettt of DefeuR Aereunder,or if er�y act is taken or tegal proceeding :.� .
<br /> . �commeneed rvNeA matertaiN�afteeta Lander'a imerest En tt�e RopeitY.t�sder mafr tn ita own QtstcetYon.but without oEfigatfon to do so.
<br /> � � Q�a n d w h h o u t n o t i c e t o o r Q e m a n d u p o n T r u s t o r a n d w i t h o u t c e t e a s t n g TnssWr irom a n y obllgetlon.do any aet whtcA Trustor hes s�eed ;
<br /> � v� •� � Out fai[s to du ana ma1►etsn do erry other aet it deems neeesyaql to protect the sacurity hereof.Tmstor sha11,immediatety upon deman d
<br /> � : . �theretar by lender, pay to Lender aU eosts end expensos tncimesf err�sums exPended by Lender in conneetton with the exercisa�y ti.• ,
<br /> -.=-�-`,=-` ," �lender of tha Poregoing dghts,togatlier with interest thereon et tAe defauh�ate Pmvided in tAo Note.which ahali ba edded to the ` ,
<br /> :�, �---�'�'�. � IndeDtedneas seeured hereby.Lender shell not inwr any ftabtlislr because of anlRhing it may do or omit to da hereunder. .`.:-.`
<br /> . . ; `•° 9.it�eidoua iYtate�lab.Ttuator sflal!keep the Rtope►ty iot comytianee vtitn aU eppllaabie Iawa.otd'ueances and regutations reiaUrtg to
<br /> r _ �industriai hyglene or enviranmental proteetion(eo¢ectiveN reterted to hsrefi a9`EnvUonmenta!Laws•!.Tn�swr ehatl keep the Froperty i ,
<br /> free ftom a0 substanees dasme0 to ba Aaxardous or tox[c under any Environmsntel Lews IcolleetiveTV reterred to Aerein as'Hasardaus
<br /> . . . _ iVlatertais'!.Tniswr hereby w�ants and represents w tender that there ara no t�a�ardous Material on cr under the Proparty.Tn�stor
<br /> • hereby e�ees m indemnNy end hotd harmtess londer.its directors,ofHeers.mnAfoyees and ager►ta. �d any successors to Lenders .
<br /> ` `4 Interest.from and egainst any and all etaims,dameSes.Msses snd Qabttitias adsin9 in ccnneetlon with the p[esence,use.dis0osa)or .
<br /> . . uanspoa of anY HamrdauoMatedals on,under.iro�or aboul the PraPertY.THE FOREQOING WAEiFlA�16TlES AND R�iiESENTATIGNS.
<br />..�.` � ° ,:.f;",; AHD TRUSTOA'S 08.ltGAT[QtVS FllRSUANT TO THE FOA£GOINO INDEtND1►N.SMALL SURYNE ft�CCNVfYANCE OF TNiS D�A OF ,
<br /> � -" ��` TRUST. .
<br /> . � 10.Asaignmettt ot R�sta.Tn�sLor heraby assigns to Lsnder,and grants Lender a security intQreat in.ail present.tutuce and after
<br /> , �A` %''° rising rents.issues artd Drotits af ffie PtopertY;P��ded that Ttustor shatl.unu7 tha accurtence of en EveM of Qefauft hereunder.have
<br /> '� tha dght to wUect srtd retein surh rents,tssuas end Profife as tiseV become due and payabie.Upon tAs ocaurenae of en Cver�t of
<br /> � .::,';r' OefauSt,lende�may,eitAer in person or 0y egent,with or wRhout 6dnging any acdon or pmceeding,or by e reeeiver eppofnted by a
<br /> � • eo�ut and without�egard to the adequa�y W its securitY. enier upon and tako possassion ot the PtoDertll.or any part thereut.in Fts own
<br /> `` � `:�y"sJ neme ar tn tde name of ths 7rustee,and do mry sete whIch it deems aecessait/or desirabie to pteserve the vafue,ma:kesabiltiY or
<br /> ' rerttab�Tity of the P�operty,or airy part tAereof ar fMerest therein.or to inctease the(neome therefrom or protest the security h�eof and,
<br /> . . - - witfi or withaut 4aktag possesston of the Rapeml.sue fo�or otherwias cooect tAe rents.Issues and profEts theseot,tnduding thosa p�t ---
<br /> . due and unpatd.�/�atifyf�9 tenams to make VsYments to LenQer. Lsnder maV aPPN�ents,issues and P��•��s casts end e�cDenses
<br /> of aperation an4 eoC:ctton induding attomsys fees,to snY indeLieQness secuced Aereby,ell in suc8 order as Lender may detecmine-She
<br /> . �` °', e�tering upon mid taldng Dossasslon of the Property. the caDectton of sud�rerne,issues end profitg.and the eppficatton ffiereof as •� .
<br /> ,� � � . ..,1,: afuresaid,shs0 nos wre ot�vaive any defauh or nottee af defauPt heteunder or invalidate any aet done in cesponse to eu�defauk or ���.q.
<br /> __- .. p�y�t to s��othe of defautt an0,notwi�scanding the conti�wartee tn possession of Me PropertY or tne coAectlon,receTpt and ,, �
<br /> ":T:'4•�=:`� epPUcatfmn of rents,issues or pmfits.Trustes and Lender ahatl be ontided to exercise eveiY�E9�►t provided b�in eny of ffie taan -�-
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<br />�.�.�- . � c, tnstruments or by faw upon occurrence of emy Event of Qeiauft.incfuding w(thout limitation the dght ta exereis�the power af sffie. � f,f•' �
<br />:,.M1,,,,.t � • . WRher,LenGels rlghTS Snd�emedtes unds t@�"s para�apY►sAe1!be cumutative wiih.and in no waV a[i�nftstton on.lender's tights and _
<br /> ,;:a;�� _ , rein�cdies under snY asfignmertt ot Ieases fcvd�ents reourded agatnst the Propercl/.Leader.Trustee and tt�a tecetver shan he Qa61e to �:'�:
<br /> �°o�� r��t anSy for those�ents acd�.'�r recetved. F
<br /> _.;���{�ti." . . �T„�ot OefmdL The f¢�.nvin.g shatl constitute en�r�t of�etautt under this Deed of Trust: �
<br /> f I � �.(a1 Fa7ure to pay any instafime�rt of principal ar i�terest of any other sum seared hereby when due; �y:
<br /> ." ;;;. {b)A Oz�Fh of ot defauft under�y pcovlsion contafied in the Note,this Oaed of Ttust,any of tAe Loan Insttumertts,or any E.�c .
<br /> . ath�1ie�a-enamhtanee upon 4he Pmp�tY: ��
<br />= � � � (c)A wra�f�ceatfon or attachment or any simitar process sha0 be c�ntered agaMst Tnistor which stta116eoome a fien on the ----
<br /> , Property oc anv Dortian th�eof ar tnterest thetetn: v�_
<br /> . . . . i�'R�ere sA811 be tTed bY ar egahtat rtrwcor or Borrower sn eceton under any presern or tu�ura tederai.atate or eU»swtusrlaW =__-
<br /> : � ' .,;, ar regutation�eTating to 6anktuptcy, insoNency or other retief far dobtors:or there shaFf be qpyointed any tnist�,;.*eee[ver or � -
<br /> • Qquldator of Trustor or 6orrower or o!alf ar any part of ihe Ptoparry,or the rente,issues or profns thereof,or Trustat ot Borrower =�`�
<br /> • ':'°��� � shatl make any generai essignmer►t for the benef'R of creditors; � T
<br />-i . � . • ' (e)The seie,transfer,lease,asslgnment,coraeyanca or furtl�et encumbrance of ell or an}►patt of ar anY(nterest in tha Piroperty. �4�-
<br /> .. • either votuntarity of Invo[unten'ly,without tAe express vrritten consent of Lender;provided that Trustor sha11 be pennttt�d to execute . �-�
<br /> -_ ' . ° ' a tease ot the Prop�rty that d�es not comafi an option to purchase and tAe term ot+Mitch does�at exceed one year;•,,
<br /> - , , : <.:.; � (t► Abandanment oi tha Propeny;or
<br /> �"y��..�.�.: ..�•`,- ' I91 If T�i:,:�.or fs nat an indiviAuat,the fssuance. sale.transfer.asstgnment, eorn�a�b�ce or eae.srn6ranee cP ntora than Ot a -
<br /> �r�s� coryoraUon}a o�ib ot a/r► percerrt of tt$i5sued ena outstan0ing stor.tc,or Qf a partrier�.h(�I a ta�li o� A/A percent ag ��
<br /> � 4�J^i• partnershfp Inte�ss,or a ited Iiab3Gty cQCrpany)a totei of��A yereent of the limfted IisY.�ll�yi.eampany`r�t�ar ste or vasfi,s�; � __
<br /> ��s�r%� rlgMs aurtn9 the O�od thia Deed of Trust��nnfr,s a Qen on t�a Rsop r I. � ' � � � '
<br /> � " 72.Remedies:Aee�eraHon ld9on O�r�t-[r�t�e event of arry Event of Defautt tender�n3y,without noUce except es�quired by law, �`"
<br /> � • �.'�,�;�s„ dis�t�re ef!Indebtedness secured heroby to'�e Cue an4 Bs."5i�-�e enA the same sha11��on beoome due and paY-•l�Ie wlthout anY
<br />�.. �� . � � � �.�smmem,dcm�and�Protes't ot�attce o!�s/6�^�0.TAer�EEro�Crender may: , �^�.'"
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<br />— � • ' ?:tt}±�,�,;. • ' •(a)Quiinr:rl that Trustee exerciss tfix l�i`iWER OP 5,131E�gante0.haro�, en0 Trustee sAatl thereafte� cause Truscore irrcere.at _
<br /> � ••+t� :�� in the Prapezt�q to�e sotd and the prae�etl.�s w be disu:�.tted,<S c�t�e m�ne►provlQed in the Nebraske Trust Oaeda Act;
<br /> ' ib)Exercise anSr ana att �ighte prcvliLad for in�a0 ttfio toart ilnstrumenta or by faw upon occurtence of any Evont o! -
<br /> Qa,tar_tt;and ' � � ' '+_
<br /> --� +�.��°' ' . '�. _. fe)Commence en accra�r�to torectose this Oeed of Trust as 8 moRgage, appeiriE a_recetver,ot specificefty�rce eny of the 'j,:,
<br /> •��� • � covenante hereot. . -
<br /> � � � No remedV heretn wnierred upon ar reserved to Trustea or Lender la fnteriCed to 6e endustve of eny eCher remedyr herein,in the loan �
<br /> �' InsUUmerns cr by law provide0 or pertnittea,but each shatl�e cumuiative,cttatl be In sddlNon to everY c�'ar�omedy given hereunder,in _"�""
<br /> ' � the Loan fnstti.�ents or now or hereafter existUg at taw or in equl4y or L^y��atute,an0 may bo exert�sea concuRe�{y,iaQepsndersW or
<br /> . suecessivety. � ,
<br /> ' •� •� 13.Trustoo.Tha Trustee may r¢stgn at ar�y t(ma vAthout esuse,and Lender may ar EnV tima en0 without cause�rAnt a suaeessor ,
<br />-- � • .S� or aubstitute Trostee.Trustee ahatl not 6e Ilabte to any party,inctuding wfthout BmRaUon Lender,Borcowe�,Trustar�c�y purchaser o!
<br /> � the Ptoyerty,tos any lass or Aamage unlesa due to recidess or wiBiul mtswnQuct, anA ahatl not Ce requUed to tr.fce any aatlon In
<br /> '� connection with tho arrtorcement of this Deed of Trust wtess indemnlflee tn writing,tor all costs,comG�.sation or expenses whieh may
<br /> . � be essoctated therewith.In addiUon.Trusteo may beeome a purchaser at erry sate of the RopeRy Qudiciat ar under the power ai sala
<br /> � � grerted herefn):postpone the sale of ail or any portion o!the Property,as provlded by taw;ar sell the P�operty ao a whote,or in 6ed�ate �
<br /> �., psrcets or tots st Tmstee's discretion. .
<br /> _ • � 14.Feaa end fspenaas.tn the event Tcustee so1L9 tho Property by exerelsa of power o1 sale,T�ustee sh�l be entitted to appty any safe
<br />__- " � proceed9 flrst to payment of eU wste and expenses of exeretsing power o!sate,inctading ail Trustee's tees,and LenQefs and Trustee�s •
<br /> , � �� . " aitomef/a feos,setuauy ineurred to extent vermitted by ep�licable►aw.In the event Boanwet or Trustor exercises gny dgM pravided by
<br /> law 3a wre an Event of Datault,lender shsll be entiUed to recover trom Trustor a�costs and e�ensQS s►atually incurted as a reauh ot
<br /> ' . Trustora Aetautt,inc(uding without(ImitaUon ell Trustee's and ettomeyra fees,to the entant permitted by appUcabie law. .
<br /> - . 15.Ft�4ure Advanae9.Upon reRuest af Boaower,lender may,at its option,make eddlNonal and tuture aQvancas ana readvanCes to _
<br /> ' Borrawer.Sueh advanees end resdvances,witA interest thcreo»,shafi ba secured by tNs Deea of Trust.At no time shall the prineipal
<br /> , omount ot tha indebteQness secured by tAts Deed of Trust,not inetuding swns advanced to proteet the security af tAia Ooed nt Trust, ,
<br /> : . '� ezeeed tho origlnal prineipal amount stated heroin,or 8 _ ssa nnnwpo ,xfiichever ia greator.
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<br /> • . ' aacae��e v���+aeaa n�ae�..er�� •
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