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<br /> � � '�aceeds�tn ccnna�ton Krlth ocndemnaUon or other 4aktng ot the Pr�parly or paR thareol,ar for cameyancs(n Ueu condamnatlon.
<br /> ' '``�''.. � lendar sha�Do ondUts4 ot fta opUon to commenco.eppear tn�nd ptasecute in its o�rr► name eny setlon ar arooee�inga,ana s4tall atso
<br /> ,.`'s ba ent+ttad to matae erry oampram[se cr sstttement in oonnacUon wEth sucb tatd,�g or damage.In trie event any portion oi the PropeKy is �
<br /> '. • • so taicen ar Qam3gtrQ„t�3ndor ehaU have the aptlan in ib soie and eOsoMs QtsaaUon.Oo ep�N ai1 suM pmceeQs, after Qe�ucting � .``
<br /> , � Marefiom e!!cas�a and expansos incurred by tt(n wnns�ton wtth eud�Rr+a�eeQs.�pan 8ny Indebtediiess seajred hereDy ane tn sucA �,• ,
<br /> �`:t�`� � . ortsr ag lendar may datomilae.or tu eADN aii sucA Praasetls.after sacA deQUWans.to th�restaratlon ot lha ProD8�1►uDan s�r�o-
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<br /> � ° d�tians as Len�er may determEno.My e�ifcatton of Prrvoeads to trtdobte�sss sAaii noi extend cr pastpane tha due dats oi any pay- •
<br /> ` ' � me�undet tlie tNote,or cate any aet8ult Ihereunder ar hereunder.My unappiied funds shall b�Da[d to Tnistor.
<br /> � ��.'•` 6.Pertomtanee by Lotuto�Upon th0 aacunonce of an Event ot Oeta�lt heraunder.or tf arry act is taken cr legal proaeeding
<br /> �, oanmsrtoed tfitt�matettaliy eftecb Lendets Interest In the Property.Lender may in!ts awn Q'�saetioR but�raithaut ohligatton Y�do so. :;;.�.
<br /> � � � end without rtoUce to or damand upon Trustor and w�thout releastng Trustor ttom any obitgation,do any act whtsh T�r has agreed _
<br /> ` ��:;,r--- but faited to do and may atso dq eny oUter ac!!t deems necessaryt to protact the securitY hareol.Tnistcr shall,immeCiafety upon
<br /> �-_ =-�^=""j._ demand tl�ssefnr by Lendgr.FaY to Lender a!1�sts and e�anses tnatrtea and sums ex0ended by Lender In wnnec�on�elith tl�e exer- -
<br /> ' . cise hy Lender of the tacegoing rfghLg,togsthet wi1J►interest theteon a4 the detealt rate ptovided in the I�tate.whIch shaU be added W
<br /> � ..��.± the indebUedness sacured hereby.Lander sRaU not inpu arty tta0ility Decause ot anyfhing it may da ar omit tn d�hereurtder.
<br /> . .°:. 9.H�ardaus�9ateriate.Tnzstot ahatl heep the Properly M compliance wlih all applicahiB tauvs.a:dinanr�artd�egutaGans
<br /> ' retatittg to industriai Aygiene or envtronmen�pTOtection(coflectivety referted to heBin as'Emtronmental Laws�.Tnismr shaU keep �
<br /> . _ the Property free from ati substanoes deemed tc be ha�nda�s or Wxic�tnder eny Enviranmental Laws(oottectivety retesred to heretn
<br /> � ° as'Ftazardous Matedafs'}.Tn�sWr horeby wartents and represents to Lendar that thete are no Ftazardaus Materiais on or under tha
<br /> � � Pccpetry.TtusOor hsreby agreas to tndemnUy end hotd hannIess Lertder.�ts diner�ors.afttoers,emptuye�ercd egents.and any auooss�-
<br /> "., •r-� �`�': sors to lenQers interesL from ar►d�qatnst erry and eU dairns.damages.tosses end Qab[IiBYas arlsing in oonnecHon wfth Che pre.senc� „^
<br /> '�, .. use.disposal ar transport ot any iia�rdous Matedats on,under.from or aDout the Piropetty.THE FOREGQIHG WARRANTIES AND �`�`
<br /> .;.�'�; � . :. REPRESENTATIONS.AND TRUSTOR'S 08LIGATIOINS PURSUANT TO THE FOREGOING iNDEMNITY,SHALL SURYNE
<br /> ' :r RECONVEYANCE OF YHIS DEED OF 7RLiST. • ;t:•:
<br /> � �`` �- • �' 10.Ass[gnment of ReiAs.Tnister hereby assfgns to Lender,aad grants Lender a seauiry ir►terest in.etl presa�R future and
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<br /> after arising�ents.issues and profita ot the Propertyr.Pmvidsd tha!Tnismr sha0.untii the aocurtence oi an Evertt of Defau(!,hereimder. :'i_
<br /> - ` ' have the ifgM ta coltect and retain sucD rertts.�and profiL�as triey beoome due and paysbte.Upon the ocaur�ent�oi an Eveni ci
<br /> ' qafauft,Lender may,eitAer in pe�son or by agent,with or wit4�out 6rfiging arry a�Ion or prooeeding,or by a recaiver appotnted by a - _
<br /> :.�''�s�_`"f: ��..:� oatut and wttttout regatd m the adequacy of its secudry.enter upen and take possesston ot fl�e PropeRy.or any Da�t thereat in its own -
<br /> .r�� �, . .� rcame_ar in tlie r�arr►e of the Trustee.and do any acb vfiicA i!deems�eoessary ar desirab�e fo preserve Me vatue.ma�ketabfl'Ry or .��
<br /> .. -���;�r r nenmbility of the Property.or any part ffiereef ar tnterest there(n,or to increase the inoome theretmm or protect the security hereoi snd. : }
<br /> � . wrM or wfthaut taking possessIon ut the Pmperly.sue for or othetwlse oolled the �en�,issues and profifs ihere�f.indudurg tltose past
<br /> � : � �� due and unpaid.by nottfytng tenants to make paymenTs Go Lender.Lender maY epPN�e�.issues ar�d profits.lsss aasts and expen� � `
<br /> �` � ' , es af o eratton and ooltecdon inclu atmme s fees,to an M�debtednass secured Aere a0 in such order as Lender Qeter- ��`-
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<br /> �- mine.The eMarfig upon and tatdng possesston of the ProP�f►.�►e ooltedton oi su�renis.tssaas and profits.s�d tlre ap=slieatfon �-_
<br />.:�'-� '� �•. theceoi as afaresafd shall not cure or watve anyr default or notice ai defauli hereunder or irnaitdate ar►y act done in raspor�se tu sut� _.
<br /> � . defauii ar pursuant to su�fi eoUce of defau(t and,notwiU�standing the cantinuance in possession of the��aperly ar 1he ootle�lon. -_ -
<br /> .� rnosipt and applicaUon ai rents.issues or profits,Tnutee and lender shaii aa eMified i+i��r�se every Bght provlQed far in any o!the �
<br /> � • Loan tnsWmenb or�y ta�v upt�occurtence of any Event of Defau[t,inctudtng wfthouL��rr�taUon the'right to ewar+�s0 t4�e power of sate. �.--
<br /> . .� � ����• Further,Lend�s dgflLs and remedies under th}s pacagrapb shalt be cumutativve wttlL a�-{d in no way a IimNatfan on,Lendet's dghb and =.-�
<br /> . •• remetBes under arry assignment ot leasas and re�rts reoocded against the t�t��srry.Lertder.Tnrstee and the receiver shal!be[iab'e to
<br /> , :�t accountoniyforthosecentsaeWailyreaefired. �--
<br /> �:,.`�• ..'. 11.[verns of Qefault The foita�ving shall oonstiNts an Event of Defauit under thts Oeed of Trust -_
<br /> ' (aj Fa�ure to pay eny tnstaiiment ot prt�cipal or interest ar any oiher siun seaired hereby ufisn d�a; . �. . __
<br /> ` @)A breacb ot or default under arry provlston oo�lned In tha NoGa,ttds DeeO of Tcust,arry of the loan 4��strumants.ot arry �
<br /> � � � ' ` other Uen or encumbrance upon the Property; R- •
<br /> • '�� (c)A wrtt of execution or attachmeirt ar any sfmitar process shali be enteBd aga(nst Trusa¢a�a�hi�h shall beoome�iten on _
<br /> � • • the Property or any poNon thareM or interest therel�: -,n=
<br /> � '" (dj There shall�e f�ed by or agatnst Trustor or L�a�ewer an action under amr present or fuUure tederal,5�a other s�dde, —
<br />` �` "`� . law ar regufatton retattn�to banlwptcy.insoNancy oz�r retiet tor debtors;or there shaU be appolnted�trR:JStea,reeeiver m `-"'`_
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<br /> Uqufidator oi Tn�stor w Borroweror of ail or any paK a��a f�ropeRy.or tAe�ents,issues or profiLa thereof.or�a.�Uoror Bortawer __.
<br />_ . .' shaU malce any general�signment for the 6e►sefit of cre�.b�s: . �
<br /> ` � '���:;%;. (e)?A�sate.transfer,fease,assignmen;wnveyance or 5�zt1.�r encumbrance a!ell or r,sz�gart o!or any interest(n Che _ _
<br /> ' ���^��1• PropeRy.ent�ar votuntarily or inwiunta�ty.vrithout the�xpress w:�i�en oonsent o!Lender,pr�euu�that Tn�'�r,r sha0 ba permit —
<br />"-, ' � � •�'`'�:� ted to execute a(ease ot the Propertyr that does rtaC ma�tatn an opUon to purchase and the term ai whi�d�nat euceed one � �
<br /> _ ..�� year. —.-
<br /> , : .;,�;. p; (4 Abandonment c!the Property,or �:;.-
<br />- ��.,:,,�:;�,_�. (g)li Tn�stor ls no!an indivlduaf.t1�issuanoe.saie,transfer,�ssignment,oonveyance or encumbranoe o!more tt�an('d a ��
<br /> {r�'��;�,° wrporaUon)a totat oi prar�nt of its iss�:ed an0 cu5�i�ing stodc.or(if a patG*�:Shlp)e totaf o1 pet- -
<br /> ' f;� �`. ;r cent ot pa�ershlp intetests.or(if a G;�,�ed tiab:ty a�any)a t4'�)ot perceat ot the Cr.tited tiabii(ty oompa- �
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<br /> + � �� ny interests or v84fig rr ,�darfig the pericd tMs @�of Trust re;natr�s a iien an the propeRy. � -
<br /> '� �� , �� 12.Remediea;Aeae�on Upon Cetault tn Ne��M oY arty�even!of Oefa�4 O:endet may.wftttout noflce ettcept ss[equf�ed � .,-_
<br /> �;� ��.. ; " by law.deGare aQ(ndebtedne,ss secured hereby to ba due and pay�3r�o,nd the sama shafi the�eupon become due and payabie vdth-
<br />� ,,.�,� oN arry presentnrsnt,demand.protest or no�oe o!any kind.Thereatt�r��er may:
<br /> - • ' (a)Oemand that Trustee exerelse fhe POWFR OF Sl4LE gran�d herein.end Tnistea s�l C�cereaRer cause Trustefs i�ter- �_.�
<br /> _ : est in fhe Properiy W 6e sotd and the prooeeds to�o distributed.aU in the manner provided in tne Nebraska T�ust Oeeds R� �
<br /> � `' ' ' (b)Exercise any and all dghts pravided for tn�ny o!the�oan instrumente or Dy law upan accurte.�o!any Event oT
<br /> , , .�� Detaulkand
<br />_: . . � k•. ' c Commence an actlon to foreclose this Deed oi T�ust as a mort a e a oint a reaeiver or s aflcal enforce an of fhe �
<br />-- • cavenanb hereaL S S . P D . D Q h► Y
<br />- . tYo remedy herein contened upon ar reserved to Tastee or Lender Is intended to ba exctustve ot any other remedy herein.In the Loan
<br /> � tnstruments or by taw provided or pertnitted,but each shall be cumutaUve.shail be in addltton to every o�er remedyr givan hereunder.
<br /> _ •• • •, in tha Loan tnsUumsnts or now or hereafter exisUng at taw or In equity or by etatute,and may be exerdsed ooncurrentty.tndepenaentiy �
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<br /> , � . , or suoceslvery. �
<br />__ �---• • ' 13.TrusLee.The Tn�tea may reslgn at any flme without cattse,and Lender may at any Umo and withnut raura arpnint a wus —
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<br /> :. . • oessor or substiNte Trustee.Trustee aha{I nat be Iiabte to arry party,Induding v�flhout IimtteUon lender.Bomavrer,T�ustor or any pur• �
<br /> • � � ' � chaser of the PropeRy.icr any toss or Qamage untoss due to reddess or wlUtul misc�nduct,and shall not be requtred to take ony actton
<br /> • .. � tn cannectton with the enfamemeM of this Ceed ot Tnist unlese Indemnitled,in v�tUng,lar atl cast�,campensaUon or expensea vfildf
<br /> ,-, �' may be assadated Nerewith.tn eddiUon.T�e may become a purchaser at arry sate ot the Property(judldaf or under the pov�er of
<br />-- � � safe granted hereln);postpone the sale ot a0 or any portian of the Properly,as provided by law;or sell the Properly as a rfiota,or On
<br /> _ - -- . separate par�ets or tots at TrusUee s discaeUon.
<br /> �� •• - 14.Fees and E�cpensea.tn tha evern Trustee ssUs the Properiy by exercise oi power oi sate.Trustee shaU be en�tled M appty
<br /> . ,' � any sate pmaeeds first to payment of all msts and expenses of exercising power ot sa►a,inrduding ati Tnis'tee's fees.and Lendefa end
<br /> �_ ' Trustee's attnmeys fees. setualiy incurced to extent permitted by appiicabte lavi.tn the svent Barrawar ar Trustar exereises�ny dgfii.
<br /> � proWded by Isw to cure an Event oi Oefault,Lender shall he entltled to reoover fram Tn�stor a0 costs and exp�ns�s ac�alty inairred ao
<br />-�;� � � . � e resutt o1 Trustofa detaut4 including without IimitaHon af)Trustee's and attomeys fees,to fhe extent permitted by appllcahle taw. �
<br /> ' � 15.Future Advanees.Upan request of Borrower,Lendar may,at its opUon,make addiUonai and future advanoes and read-
<br /> " ��-- ' �_-- vanaes tn 8omt�ret.Suctt afirartcea end teadv$t�s.wift�httsrest fhereart.shalt tis se�ted hy thts Qeed t�Tfust At no ttme�!!tt�s '=
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