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<br /> 'Proceede')In connoctlon with ccndomnatlon or other tekUg af tha ProRerty or paK thereot,or for conveyance in tiau of condemnaUon. ,-�t..
<br /> ' '' lertder ahatt be enHtlod at Ita cption to commence,appoar In and prosecute In its own oame a�y aation or proceedinge,artd ahell atso
<br /> • be entittod to make any compromiso or setUement in connection vtlth such taking or demage.In tha event eny portton oi the Proparty is
<br /> so taken or damegod, Lendor shat!have the optton In Ite eole artd absolute discrotton,to appty ell sueN proceeds, after deducting
<br /> ' '� � thereirom ail costs and expanses Incurced by it In connectlon with auch Proceeds,upon any tndebtedness secured hereby end in such
<br /> order as Lender may determine.or to appty eil such Pra;eeds,after eueh deducUona,to the restoretiort ot tha Property upon such con-
<br /> dlttons as Lender mny determino.Any opplioation ot Proceeds to Indebtedneas shail not extend or postpone the due date oi eny pay-
<br /> � � � ments under the Note,or cure anyt�Qttt�uft thereurtder or�ereurtder.My un�ppited funda shali Ge pafd to Trustor. .,;
<br /> r, '��,. 8.Pertormance bp Lenttat.1 tFg�p�t 1he occurrence oi an Event ol0etault hereunder,or it any ect is�ken or�egal proceeding _
<br /> corr�menced whtch mfltqri�i�t��fdait►ke�►dat'e Intsrost in tha Properiy,Lender may In Ita own discretton,but without abilgaUon to do so. ��.
<br /> .x;��!_ and without no8oe ta.ar d�mHnd�upAn�'8)ryietor snd without relaasing Truaror irom any obllgaUon,do any ect whlah Trustcr has agreed =
<br /> �-�'. b�at fai�ed to do end maN alaa da an��ottia�act it deems�ecessery to protect the security hereot.T�ustor shett, tmmadfataty upon _
<br /> = demand therefor by Lendar,p��t�l.endecaN ccsts artd expenaes incurred and sums expended by Lender in connectian uriY�t the exer- ___
<br /> """-T�? dse by Lentter of tha ipregqtn8 dght��.tQB�her with Interest thereon at tho defauit•rate provided in the Note,whtah shali•Pse added to
<br /> the indebtedrtesa secursd h�mby.l.ende�•sfiail not Incur any Ilabiiity because of enything It may do or omit to do her�under.
<br /> �� 9. Hazardoua�Jl�data.Tr.uatat:ahaU kaep the Properly in comptiance with ali appitaabie iews, ordinenr.�s art�! �egutadons
<br /> => relatlng to IndustMal hygi�na ar arni7pnf11a�1 pmteation(oottedtvely reterred to herein as'Envirqnman�►Lav�e�:Trustor shall keap
<br /> • the Properiy free from�ell:substanaes deemed to be hazardous or toxia under any Environmental l.ews(collactively referred to herein
<br /> '• ° es"Hazardous Materiata').:Truffipr,klsraby warrants and representa to Lender that there aro no Hezardous Metertats on or under the
<br /> - � Propecty.Trustar har�by ag�qes ta tnd�mnly and hold harmless Londer.Its directors,offlRars.emPloYees and agsnts,and any sucoes-
<br /> ' sors to l..enders int�raei,.fmm,.and agafnst any artd eU daims,dameges,losses end ltsbqiqes ad�in9 irt connectlon with the presenoa.
<br /> use,diaposal or 4�anspart af,any Wazar�dous Matotiais on,under,from or a�cut�.c P�riy.THE FOREGOING WARRANTIES AND _
<br /> _ -- - REFRESENTATI�N£,ANA•TRU�TUR'S Ulil.4caF111VN5 h'utr5iii�i�ii iu Tria �v:�:�:��::�:��•'•••'��'•'�• cue��c�iQyly� �
<br /> ' RECOPNEYANCE QK.Tlilt3 DHEO OF.IRUST. �
<br /> �:-%5��;," ° ip.A�signman!of ltento.Truatar hereby asstgns to Lendar.and granis Lender a security Interest i�,aii present,future and -
<br />:'i�,�:?���� ; ' after arising renta.iasuea and proflta of,the Praperly;provld�ad that Trustor shail,unfll the occurrence ot an Eveat ot Defautt,hereunder,
<br /> ' have the dght to col:�at and retein•suah�mnts,tsssrea arad profits as they becom�due and payabie.Upon the otxurrence of an Event ot
<br /> :.-r+,�-" Qefeult,Lender may,either in.persoo�or by egent,with�ar wfthout bdnging eny ac�ton or proceeding,or dy a rocetver appotnted by a
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<br /> � coud and without�regard to tha adeqyaay of ita secudly.enter upon end mke possession ot the Properly,ar any paR thereot,fn ita own
<br /> ,.,,,, x ' name w in the nama of the Tcuetae���end do any acta whtch It deems na�ry or desirabie to prese►ve the vatue,marlcetabiilty or
<br />;�?l�x;�,•:, renffibility of the F?raperty,ar any part thereof or interest therein,or to increase the(ncome therefrom o�protect the seaidtY hereof and,
<br /> with or vNthout�king possesston of the Properiy,sue for or othennise cotlect the rents,issues and profits thereof,induding those past
<br /> " �s� due and unpaid,pp noYrfying tsneMs to make payrr►ente to Lender.Lender may epply�ents,isaues and profita.less oosta end expens�-
<br /> w ��������;�r,��l�i(��attome�s fees,to any tndebtedness secured hereby.alt in such order as Lender may dater-
<br /> ..:`•1;;;'��`,�._ mine.The esttering upon and mking possession of ttee Properiy. the coltecyan of such rs�ts.Issuas artd profils. 3m!!!s�spplicsfien �
<br />:;::.;;,:,(:rti�•, tbereof as afc►rQSatd shail•not cure.or wahre any default or noUce of defauit hereunder or invatidate any act done in response to such
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<br /> _ default or pursuar�t to such no�ce af defauit and,rtotwlthstandtng the canUnuance in passession of the property or ths wtleatlon,
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<br /> <•�i:::t�i;; receipt and�ppliaqSon oi rents,issuea or profits,Trustee and Lender shall be entiried W exefclae every rtght provtded for in any o e
<br /> -="�t'-��� Loan InsWments or by law upon occurnenoe of ary Event ot Oefau�,inciud[ng without Ilmitatio�the dyfit W exerc.ise the power of sale.
<br /> ��'��'�"� Further.Lenders dghta and remadies under thfs paragreph shail be cumutaUve with,and in rto way a Iimllation o�,Lenders righffi and
<br /> ��=��±�j-'� ramedfes under any asslgnment ot leases and rents recc:orded ageinst the Property.Lender,7ruatee and the recetver shaQ be liable bo
<br /> ''�Ai.':� � ar,count onfy for those rents actually recehred.
<br /> " "=�°� 11.Evsrns oi Defautt The bltowing shalt constlWte an Event ot Oefault under thts Deed of TrusG
<br /> -���a� (a)Failure to pay any instsllment et principa�or interest or any other sum secured hereby when due;
<br /> ���� (b)A breach ot or detautt under eny provtsion oontained M the Note,�thls peeii ot Trust,any of the Loan tnatruments,or any
<br /> "'?-�� other Ifen orencumbrence upon the Properiy;
<br /> -° (c)A wdt of execution or attachment or eny similar praess shali be enteted aBatnst Trustor which shall become a Ilen on
<br /> . __"_ ths Property or any poRton ther+eW or interest therein; �
<br /> �- (d)There shall be filed by or against Trustor or Borrower an acUon under any present or fi�ture federal,state or other statute.
<br /> -- -= law or regutation retating to banWuptcy,insolvency ar other roitet to�debtora;or there shali be appointed any hustee,recetver or
<br /> tiquidator ot Trustor or Bomower or of all orany paR oi the Properly,or the�ents,issues or profits thereof,or Tmstor or Borrower
<br /> ----- shall make arry general assignment for tho beneflt of aedito�s;
<br /> ---- (e�Tfre sate,transfer, Iease,asslgnmeM. conveyanGe ar further encumbrance of ati or any part ot or eny interest in the
<br /> __=-_-� Prope�4y,eSlher voluntarily ar involuntari{y,without the express wriKen consant of Le�der,provided that Tnistor shall be permit
<br /> ---� ted to execute e tease oi the Properiy that does not contain en option to punchase and the term of whfch does eot exceed one
<br />�_-�� year.
<br /> -- (�Abandonment of the Properry;or
<br /> (g)It TasMr ts not an individual,the issuance,sate,transfer,assignmant,oonvey�nce or encumbrance of more than(if a
<br /> '�'�!`+r°�'� oorporatlan)a toffit M percerK of its issued anA outstanding stodc.or(�4 a paRnership)a totai of per-
<br /> ���"`� cent of partnership interests,or(H a limited Iiabiiity compa�ry}a totat oi peroeM ot the timited lk�b�ity compa�
<br /> -�:��� • ny tnterests or voUng rights durfng the period thls Deed of Tnrst remair�s a Uen on the properiy. �
<br /> _r_���,::•= 12.Remedies;Aceeleratioa Upo»Default In the event ot any Event ot Defauft Lender may.wlthor�t notice except es requfred
<br /> =.•�� , by law.dedare alt tndebtedrtess secured hereby to be due and payabte and the same shail thereupon beoome due and payebte with-
<br />':s'���� ` out any presentrnen�demand,pr�otest or noUce of any kind.Thereafter Lender may:
<br />::r;:�:=t: (a)Demand that Tnistee exercise the POWER OF 3ALE gra�d herein,and Trustee shali thereafter cause Trustor's inter-
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<br />,:.1��r�_ est in the Property to be satd end the prooeeda to be distributed,afl tn the manner provMed tn the Nebreska Trust Deeds
<br /> •=<.;,crs:�v�: (b)Exercise any and ap�Ighta provtded for In any of the Loan insUuments or by law upoa occurronce cf any Event ai
<br />:-�-,,... , .
<br />-__;i�'.*'^�', Defaulh,snd
<br /> :;�.;r°. �' (c)Commence an action to foredeso this Deed ol7nist es e mor�qage,appoint a reoelver,or specYtcatly enfot+ce any of�3
<br />--:%���'�"?' oovenanffi her�of.
<br /> °�•�• -- � No remedy herein conferred upon or reserved to Tnistee or Lender is intended to be exdustve of any other remedy herein,in the Loan
<br /> ��i.� � tnsUuments or by�aw provided or permiGed,Dut each shall be cumulaUve.shatl be in addtHon to every other rernedy gtven hereunder,
<br /> ����.s:����•, _._�_Y._�Y......� -e.e„s�w,.n*�..�r�anutiv nr 6v stahde.and mav be exeroised ooncumenUy.indepertdenUy
<br />__w_.�. . ..J"_f_ (��UlQ LVQI/IIIOYYItIOttA N��vw v�rwnw.+. y�..��_ �•_. _• � . . .
<br /> .� �� or snooeshrery. n
<br /> '�'�'" '�� 13.?n�stae.The��tste�may resEgn�2 any time wtthout cause,and Lettder may at any time and without cause appoint a suo-
<br /> •-- 6.� =' cessor or subs8tute Trustdl.Tf(lstee eh�ll nat�a ltable to any parly.Inciuding without limttation Lender.Borrower,Tcusior or aay pur-
<br /> .. ,_
<br /> . q�aser pf qie Properiy,for eny loss or demage unless due to reckiess or wtliful misoonduct,and shall noi be requfred to teke any
<br /> a
<br /> � in oonnec�tEan with the e�orcement of this Deed of T�ust unless indemnifted,in wri�ng,for aq costs,oomaensatlen or expenses which
<br /> � may be associated therewitl�•In addition,Trustee may become a purd►aser at ar�y sale of tQ�e°roperty Qudtdal or under the po�wer ot
<br /> ti�• sale granted herein);postpone the saie of atl or any portton of the Property,as provided by law:or se►1 the Propedy as a whoie,or in
<br /> separate parcets or lots at Trustee's disaetlon. T����ali be enBtled to aFpy
<br /> • 14.Fees end Fxpenses.M the evern Tn�stee sejis the Propeny by enen9se of power oi sate,
<br /> amr sate prooeeds ftrst W payment of au costs and expensas M exerdsing power af seie,including a�i Trustee's fees,and lendefs and
<br /> Trustee a ettomey's tees, actually irtcutred to extent permittt3d by appliceble law.In the event Borrower or Trustot exerdses em►ti9ht
<br /> _ _ � _ _ ..__ provided by Iaw to cure an Event ot Dafautt,Lender shail bs ontiUed to recover irom Trustor alt costs and expenses actualN Mcurted as
<br /> . . .{ .
<br /> � ---_,� a result of Trustofs defauit,[nGuOtng without thnitation afi'irustee's bnd�sHomvy's tees.to ti�a exisa!�tltrb br a�p A�'-'.
<br /> - --� 15.Futut+f Advances.Upon requesi vi o"oriciwiri.�'�u�7t�.�sy,ot tts:,�,�,srt�c�N.lx`��!!ft�E�!�'?�+!��
<br /> � vanoes to Bomcwer.Such advartces and readvanoes,with tnterest thereoa,shali Da secured by this Ceed af Tnist.At rto Ume shatl the
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