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<br /> • ' 7.Bmintnt Qcmt�ln.Lendcr lo hereb ned all companaetlon,ewarOA, damages and�poymonte or rollof(heroinoltar'Proceads") '�
<br /> In conneatfon with condotnnotlon or�taking of the i'iopeny or�erc theroof,or for convayanco In Ilou ot condomnntlon.Landor ahutl
<br /> ' ' �t�ken ar d�maged,Lender sheil hsve the optlon in Ito sale nnd absotu4e discretion,to app�y nit auch Procooda,ettcv daduatfng thorofrom
<br /> • atl coate nnd ox{sanaea Inaurtod by it in connrsation with auch Prococde, upon any indebtndnnsn socured har4Ay and in such ordor as •
<br /> "� Lender may determine,or to opp1Y all sueh Proceede,attar euah deduetlone,to tho roatorntion of tho PraDorty upon auch condittona os
<br /> � LCndor m�y determina.Any epplication of Proceeds to indebtedneas shell not o�and or poatpono the duo doto ot nny poymento undor
<br /> �� the Note,ar curo any defauit theteundar or heraunder.Any unapptled lunda ehott bo pald to Truatar.
<br /> g, Ru(cnn�rtc�py und�r. Upon the occurrence of en Event ot Dotault hereunder, or if any act ia takan or Iagat Droceading
<br /> �commenced which metettally aHeats Lendar'e Intetoat in tho PropaKy,lander moy!n�to own discretlon,but w(thout obligetlan to do so, •
<br /> i nnd wtthout�otiae to or demend upon Tn�ator and without reteaatnfl Trustor 4rum eny o6itgatlon,do�ny not which Truotor hns nflraed ,.,l,,,
<br /> ' t � trut latia to do and may alao do enY other aet it deema�eeeaeary to protaet the security hereof.Truetor shatl,fmmediately upon demund �: �
<br /> � , • �thareTor by Lender,pay to Lender ati coate and axpanaea incurred a�auma expended by Londer in eonnection wlth the exorclse by ��in=-
<br /> �'i� �Lender ot the torogoing riphte,togethnr wlth interast theraon at thedefaWt reto provided in the Note, which ehetl be added to the f__ _
<br /> .�»'�✓'"�' indebtadnoaa eer.ured heroby.Lender nhali not incur eny ItaWifty beaause of enything it may do or omit to do hereunder.
<br /> ..-�+�"; 8.Htrardous M�twlab.Trostot s7�ali keep the PtopertY in compAence with alt applicable Iawe,oMinancas an�1 teguietfone reieting to —
<br /> �� Induat�let hygiene or environmentat proteation tcotieeelvely reterred to herein es"Enrironmental Lswa'!.Ttu9tot ehtlli keep the PtopeRy
<br /> + ���Sfi a�tances deemed ta ba f►amrdous or toxio urtdet eny Environmenta�Lewa lcotlectively refened to herein es'Hazerdous �
<br /> lals T or heraby wanante and repreaenta to Londer that the�e are no Haiardous Materiai on or under the Ptoperty.Ttustor
<br /> hereby egtees to indemnify and hoid harmtese Lender, Its dfrectora,oHicera,employeea ana egents,end eny auccessors to Lender'e
<br /> , tntereat,irom and agatna�any end ell e�alme,dameges,tossea und Yebilides arlstng in eonnCGtlon wRh the presenao,use,disposat or
<br /> �� tranapart of eny Heierdoua Materlals on,under,tram or obout the Property.THB FORE�OlNO WARRANTIES ANO RHPRE5ENTATION3,
<br /> y, AND THUSTOA'S OBUGATIONS PURSUANT TQ THE FOREG0ING INDEMNII'Y,SHAIL 3URYfVB HECONVEYANCE OF THIS OEED OF
<br /> TRUST.
<br /> � 10.Asalpnm�nt.ot R�nta.Trustor hereby eootgns to Lender, and grents landar a aecurity interast in,ell present,futura end after
<br /> T rie[ng�ento,i�uas and ptof{ts of the PropeRy;provided that Ttuswr sha0,unUl the occunmee of an Event of Qefauk hsretur,�+ar,have
<br /> the right to calleot and retein euch�ente,issues aad proike as thry become duo and payable.Upon the occurcence ot on Event of
<br /> � DetauR,Lender mey,either in person ot by egent,whh or wtthout 6rl.�ping any aacton or proceeding,or by a receiver a�;po9nted by e
<br /> court and wlthout ragard to the adequocy of its sacurlty. entet upon and tako posnsessMn ot the Piroperty.or anY pa►t thoreof,in fte own
<br /> neme or in tha �ama ot tha Trustee, end do any eeta whtch ft deems necessary or destrebte to presena tt�e velue,marketabitity or
<br /> - � ' renubtiity of the Proporty,or eny pert thereo!or interest thoretn,or to increase the incomo therefrom ar ptot�the secuHty hereof and,
<br /> • wkh or whhout taking posseasfon ot the Property.sue for or otherudse collect the rente,isssues und profite thsreof,inelu�,fig those past
<br /> due end unpald.by notifying tanante to make peyments to Lender. Lendar mey applY ronte,issues snd proflte,le�sa cost�u��e�Wenses
<br /> of opetatton and colieation induding ettomeys'fees,to any indebted�ress seeured hereby,ail in such oMer as lender may det�^snlne.The
<br />- entering upon and taking possession of tha Property, the colleasian uf such rente, iasues end profita, and the eppltcation thereof ea `
<br /> � etorosaid,shetl not cure or waive any dafeult or norice af defautt hereunder or invatidate any act done in responsa to suct►default or _
<br /> pu�suant to such no�ce of detauft and,notwhhstanding the conttnuonee Er gas4ession of the Properey or the collectlon,�ecetpt end _�,
<br />;�� epplioaUon of rente,issues or profka,Trostea and Lender ahail be entitle�to sxerdsa every rtght provided for [n any of the Lonn
<br />- Instruments or 6y taw upon oecurtence of any Event of Defautt,tod�ding without limRatton the�ight to exerefae;h��w�o�°,�aTe�. __
<br />� n.", _?s'- Wrther.LondePa�ighta and remedies under t71s parepreyh sieali t:e wr.r.�Eti�+,itith.and in na:�~;al..'.^^+...�......�. __.._-
<br />-" remedies under as�y esslgnmeM ot leaaes and rents rocotded e9atnst the l�toparty. Lender,Truatae and the receiver sheil bo lie'otQ i;v
<br /> '� : ' accouM only for these rents actuaily roeefved.
<br />��' 's'''�� 11,Evwrts of Whult.The foUowing shefl aonstitute an Event ot Datauft under this Deed of Trust:
<br /> �".�..� '
<br />�'?.J.�i,`,�.� ta)Fai�ure to pey anY insteFment of pdndpal or U►terest ot any other sum sseured hereby wAen due:
<br /> ;,�,,,, 5,,� (b 1 A bteaeh of or deta�'t r�nder any provision conteined in the Note,thEs Daed of Trust,any of the Laan instrume�s,ar any
<br />=+���.�`�.���-� other Ren or encum6rence u3►aa R�o Property:
<br /> �, : •.
<br /> Y��.. , •� , (c1 A writ of exewtion ar.at��d+mem or eny sEm�ar process sha7 be entered against Truator which ehell become�ifan on.the
<br /> ,�y+.a,�t,;`
<br /> 4;�t,iy�• �,^ : Propeny or eny portion thereof or interest therein; � �
<br /> y.N{
<br />_.i:�_::�.:;;:� ' (dl There shaii be flleQ by or against Truetor or Borrower an action undrtt any present or future fedetal,ttMe or other statue,law
<br />�''�_:'%�T" � or repuiatton�ei�lag to bankrupteY. �nsotvency or ather reiief for dobtare;ac•thue sha11 bo appoirnad any vustee� rec6iver or
<br /> �'°'������� Itquldator of T�uaror or Bor�owec or of atl or any part of the ProPertY•or the reMa,issues or pmfita thereof,or Trustor or��arrower
<br />�'�-'; ::,,Y``yw shall make ar►y ganerai assignment for the benefit ot credhare: `
<br /> (e)The esie,uanafe�,lease,asaiSnmeM,eonveyance or fu�thar encumbteneo of etl o�any part of or any imerost in the Raperty.
<br />_�u°�:���t'�+�, elther volurrtarfty or Involunteriiy,wtthout tho ettP�es�writcen consem of Lendon provided thrt Tntsto►ehelt be pertnitted to executa
<br /> _'��f�e"�3� a tease of the property that does not conteln.on optEon to pu►ehese and the tertn ot which does�ot exceed one yeor:
<br />�__ _:._�� tf) Abandonmem o!the Properey:or ' .
<br /> ------ (g) If Trustar ta oot en indlviduat,the iasuance, eiate,tranafer,assignment, eonveysnce or eneumbmnce of more than lif a
<br />_,-:�,;�Ii7�� C��po[ettonl a totel of percoM ot ha tsaued and outstarMNg stock,or(If a partner�hip) a totai of�/��percant of
<br />��� •::,•. pb �erahip iMereste,or a mite�ilability company)a total of y� PerceM of the Itmhad Ilability companV interesto or voting
<br /> _- �;;��:•� .::k �ig�durinA tho pm(od thb Deed of Trust remeins.a Iisn an the Prapertl►. �';
<br />-- - �2,Rw�dNa;Aeed�ratlan Upon D�t�di.tn t�e event of eny Erent of gatauh Lender may,without notlee excepi as�quiced by law. —
<br />-"`�= tr� deciaro all Indebtedness aeeured hereby to ba.,8u�-aed payable end the same ehell thereupon become due and payable whhout any .
<br />�. .
<br /> -�►y���_"�;��, presemmam,domand,proteat or notice of ac►y kind.Thereafter Lendu�na�.., _-_
<br /> ,;;�,-;.;;�,, •.� fal 0emand thei Trustee exercise the POVYER OF SA{.E .$rentcd h�tetri, and Trustee shali thereafter cause Trustot's IMerest
<br />_i:�;��,;:`;�� , � in the Roperty to!se sotd and the proceeda to be distribUt�d.._e�l tr+thb manner provide�3n the Nebraska Tntat Deeda Act;
<br /> ;�,-
<br />� �=�K`;,• (b)Fxetcise any end ell 8gt�ts provided for in any of the Wan Inauuments ot by law upon oaurrertce of at�y Event o
<br /> --='""""' -�•'. . ;4r QefBYlt:end
<br /> �c.�;,n'��,�..; �';•.• lcl Commence an action to foreetoae this Daed of Trust a� e mortgage, appotr�t a rocatver,ot specHicetly enforee any of the
<br />--.''�'w?'` 't' covenaMS hereof.
<br /> -�� - No remedy herein eonfened upon or reserved to Trustee or ienderis intended to be encNsive of any other remedy herein, tn the Loan
<br />- � Instrumente or by law Qrovided or permftted.bat each sheA be eumulative, sheil be in edditton to every other romedy given hereunder,in
<br /> . the Loan instrumm►te or now or hereafter existlrtg et tew or in equfty ot by statute,and mey be ozercised conaumeMly►.independenW or
<br />` .. .. , y! sucCeasfvely.
<br />^' • �;!;�'•�� 13.Tn�a2es.The Tncstee may�esign at apy timo wfthout cause,and tsnder mey et any time and wtthout cauoe eppoint a successor
<br /> �p:.
<br />- � �rr , or eubstitute 7tustee.truscee sAei!hot be�lyabt�to eny perey.trtctuding wf�hout Qmhatlon Lender,8orrower.Truator or eny purchaser c� _�
<br /> thb�properiy, for any tosa or damege untess�Ue to racklasa at wiliful mteconduat, and shotl not be roqutred to take any aactan in, _-
<br /> � ,' connection with the enfamcmoM oY this Oaed of Tntst untess lndemnifiad, in wriUng,for a0 coete,compensetFon or expenses wfifah may i�:."..
<br /> f; " �' be associated therev+rhh.in addttion.Trusiee may bacome a pu�cAaser et am►seie of the PrapeRy(►udiclat or undar tho Qovrer o?ae19 • '�'•
<br /> - ' � �: gra�ted heteinls poatpone the sate ot eit ar any portfon at tho Propaty,es�rovided by tew:or seU the Ptoperty as e whate,or in seperat� _
<br /> - --'��k'��i'-�- Pereels or Iots at Tntstee's discredon. _•__.,,...........i n.la Tnielm ohall 11n alttitlAd t0 BnCM HRV�B _-_
<br /> - "",� .c'T 14.�N�AItt1 El�Mif�i.III til0 6vEIl[tfttelae sai�o'uw��v�m:aj ir�v..w...o....y....�.�.--•-•------ - - • �:
<br /> � y,."H i proceeds ffrat to paymoM of atl'coats and expenses of exercising power ot sete,tnciudtng afl Ttustee'a tees,and Lender's and Trustea's �_♦
<br /> - ettomay/a fees,ectuatly Inoumid to extent pem�ttted by applleebte lev�.In the event Borcower o►Trustor exeretaes any�ight provided by
<br /> md •.=
<br /> � � law to curo an Evern ot Defauit,Lender shatt he eMitted to recova from Trustor att costa and expenaes aatueliy Incurred as a result of •,••_
<br />- . � �, . Trustor's defautt,Mc�uding without Iimkation ail Tntstee's and ettomey's fees,to the extem permttted by epplicabta taw. f�-
<br /> - ` 16.WNw Advafec�t.Upon roquost of Bortower,Lender may,at its opUon,make eddtttonal and futuro edvances and readvnnces to
<br /> �' � Borrower.Such advances end readvancea,with interest thereon,ahail bs secu�d by thb Oeed of Trust.At no time ahail the prindpal
<br /> � amouM of the indebtetdness eecured by this Qeed of Trust,not indudfng sums advanced to protect tha securtcY of this Deed of Truat,
<br /> exceed the odginal prindpai amount eteted herein,or 8 �+ +�� 3s .whichever Is greator. _
<br /> �.tu:
<br /> - �...�_..- -_—.�..� 4,-
<br /> .� „ NSCS46)S tNw�rlatM�10M01 Rn.B/96
<br />�- 188C Nrt1aW 8Wi ot Canmaa Tnat�nd Sevinp�AuoclrtM�Llrcotn.N�Erastt
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