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<br /> ����`-{�:� T 5. Maintenance Repatrs and Compllae�ce witb Lav�s. eoROwer sn�keep e pertY�+ 9ood cund�ion and rspa�. ..
<br />� L � � f:.:�`: sfian promptry repan.ar reptace any imProvement which ma�ba damaged or desaopeC: snau not remove.demo6sh qr substantialty e8er eny ..� � °
<br /> �4,,'•, :.�'�• :' ot the U n provemeatts on the Property: SAaD not commit, suHer or DermA anY act to Ce done� or upon the PropeRy in vloadon ot any taw.
<br /> ° ' prdinenca, or�egutaBon; end Shail pay and promptty Qsscharge at Bortovrels cost ana exDense all liens.eneum brance s a n d C h a t g 9 s ffi v i e d.. � :�•
<br /> � , anposed or assessed against Ne Property or any Part trtereof. •�',:.,,.�
<br /> . � ��� :� 6. Emtnea�t Oomatn. Lender is RereDy assigned atl compensation, awards. dartrages and att+er RaYments or reGSt(here'uiaRer ,= ,;'�„"
<br /> '� ,.':;:� �,,�; .;• -proceeds') (n connection orBh condenu�ation or other taking or the Property or Oart thereo+. or tor conveyance in I'�eu ol candemRation.
<br /> _...,�� Lender shaU be enWed at its opt(on to commence,appear m and prosecute v� its own name any act�on or proceedings.and ShaD also be
<br /> �- �,, } _r Ot!he Prapertlt is so t�_�
<br /> enttiad to make any comDromise or setttement u�connectinn with such takui9 or damaSo. in tt�e evant asslr Ro�
<br /> : <. �- au sueA ProCeeds,after Qeducting thetefrom ali
<br /> .-,��, '_ ' ,' � taken or Qamaged,L.ender Shali have the opGon� in iLS sote and absot�te disc�etion,to appty , .
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<br /> costs en0 eo�enses incurred by R in connec6on w�1h such Proceeds.upon any indebtedness secured hereby ena in s�ch ord�as LenQer
<br /> .'`` �' > may determine.�ta appry a0 such Proceeds,after such deductions,to 4he restoration of the Property upon such eonditians as Le�der maY
<br /> - - " Qeterm�e- My aAPfic��On of Proceeris to indebted^ess shall noi extend or postpone tne due da:e oi any Pay��s under the Note,ar cure "�-�1%
<br />- �.�y de`auR tnereunCer ar hereunder. �";,` -
<br /> i� t .�' _ �L`�;.__
<br />� - ' '��f 7. Pertormance by Lernder. t:s ina evas►i of Barta�Jer's�u+re to peAOrtn any ot tne cava�3n?s hscein ar mak8'any PBYm� .. . �.:..-r,�-
<br /> ^.:� � , eom�c�w��ch mate�7r�t.endePS int�ese m tne�erty.�-ender may Pn ; ;.
<br /> . �.. . requaad hereby.or U srsy act�tafcep ar k�t R%��� �
<br /> ., .•��°,`�;��'.;'� �own discretfon.but�s3heu2 ob�gatian to Qo so.and without not�e ro or demsnd upon Borrower and w3fiout e�efeasing Borcowar hom enI► ,
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<br /> =<�•;�';'.'; '- .oDI'cgati0n. do any act whicA ihe Boirower has agread but fa((s to do an0 may 8tsa do any ot�et act it deems necessatlt to ProteCl the ' ':,�-
<br />- securdy hereoL Bortov�ar 5ha0, immediatery apon demanA Merefore by LenQer. pay to Lertder sU costs end �enses a�curred en0 sutrts '..t-;
<br /> _ e�ended by tsnder in canneetion with tha exercue tiy lender ot the foregoing rights,together v�iih interest thereon a!the rata provided in �, :;''.
<br /> � the Note,whkn sha�6a added to the indebtedness secured hereby. Lender sna0 not�ncur any personal t'iaDaily Oecause ot anythln8��Y �,;,.:.
<br /> .���.�i. r.:�„� do or om3 to do�e�eunder. . ---
<br /> .'`'` � • ', 8. EventB Ot�efault. The foltawing SA811 Cpnstitute a�eveM o1 dofault under th�9 Oeed ot Trust: ,;..;`.--
<br />• � . , (e)FAiture to Psy eny hfst8��ent at prc�Cipet or intBtest or any atho�sum secured hereny when due.or(aiNro to pay wh6n du0 Ony �;�;;
<br /> - '�-�,-«..' othet InQBUtedn85s of 8orcower to Lender. L..
<br /> (b)A breach o1 or detauh under any Drovision contained�n the Note.this Oeeo of Trust,any document whtch sacures the Note, ���
<br /> Y. . and any othar encumbrance upan the Ptoperty; �"---
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<br /> . , � .. �.' - -
<br /> , :�,:�`,. (e)A w�of�cecution or attachment or any stm7ar proces5 sh811 be entered a9ainst 8orrower whieh Shall bsCOme a Uen on t�e -•-�-
<br /> . ' PropeRy oc anY Gortion thereot or interest thereU►: =.n...,.
<br /> • (d)There sha6 be filed by or agafnst Bonower an action under any present or future tederal,state or other statute, faw or regulaUon ---_
<br /> . • t0l2ting t0 OankNptCy. insokenCy or other reI(ef tor debtors; or there shatl be appointetl eny trustee. receiver or Itput4ator ot
<br /> �� � 8orrow6r or ot elt or a��y Dart of the ProD�Y�or the rents, issues o�p�ofits Mere01.or Banbwer s�aU meke any gene�8�ass�nmer�t
<br />_--- — (or 11a be��efi of uBdkOrs: -••----
<br /> -T '" (e)Th8 S8'.e,V8n5t9r. BsshJnment, conveyBnCe or filRher encumDrdnce of a1! or SnY part ot or atly intere5t B1 the PropeKy.8$her ! �-_
<br /> � � voluntariN ar involuntariry,without the express written aonsent af Lender. . �, __...
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<br /> �.���. $. Remedc"�; Acceteratton Opon Qeiault, In the event at sny Event of Defautt Lender may dectaa at! indebtemne�s _
<br /> ' � ` � • ' SeCUred hereby [a b3 aue and payable and the sa':18 sh8tl thereupon becoma due and payeht9 without any pse59ntm8M,Qemand,protest tr n
<br />�,� �`=.� .. nat"sra�f eny krts4. �ereafter,lender may: � .. � _
<br /> !�.°, ' � � (gj Oemend that Trustea exetCise the POWER OF SA4E granted hereln,and Trustee shau thereafter cause @oaowr�fs Inierest(n the , �:,,,___.
<br /> �`'� � ' Property to Oe Sotd and the proceeds to be E5'�buted,au in the manner provtded in the Nebraska Trust Deads Aak . . .
<br /> � ' '�:, ` � �..-_
<br /> � • • (b) Elther in persOn or by agent, wilh or w�'esut bringing any action or proceeding, or by a recetver&�olnted by a couR an0 �`�
<br /> �� , . �:,• wRhoul regard ta the edequacy of It secu�ity,enter upon end t8ke pO5585sion ol th0 Property. Or eny Dan thet9of,6�its Own fte►nB �_�;_��
<br /> �' ' �0`,�.r� �� or In the name ot Trustee,end do any acts whkh d deems necessary or desuab�e to p�e53roe the vatue, merketabi�yr co rentebltiry �=-��
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<br /> � • - . of tha Ptoperty.4r paA thereof o1 interest therein,mCrease the Ncome theretrom or protect the security hereol artd,wGia�r without � ,.
<br /> ��,,; taking possession ot the Property.sue for or otherwtse collect the renfs. �sv�es antl profits thereof, inC7uCing those p8si due an8 �
<br /> �.'_: _:...�.._: .,•..-_
<br /> � unpald,end appy the same, tess costs and expenses ot operafion enC coll�ction inctuCing attomeys'fees,upon any IrtdebteQness
<br />_�.... . .... . �`,`.-�_
<br /> y , ; secure?hereby, aIt In such order es Lender may determine. The entering upon and taking possession o! lt+e Propertyr, t�e ��
<br /> • collectlon ot such rents,issues an0 D�otits and the appl'�cation t�ereot as aloresald,shell not cure or waNet any Qefautt or notice o1
<br /> deffiuli hereundor or lnvatidate eny act done in response to such defau�t or pursuant to such notice of default and,notw'�thstanding 4, ''"
<br /> % � the continuance in po55esslon of the PropeRy or the collection,receipt and appl'�catton ot rents,issues or profits.TNStee or LenOer �
<br /> � •• SAell pe entA194 to exerClse svery right provlded for ln any of the loan InsUument9 or by law upon occuRenCe of any eveM of '�;;'`.
<br /> . delau(L Inctuding the r�ght to exercise the power ot Sate;end '
<br /> ��• . . ��, (c) Commence an actlon to forectose th�s Ueed of Trust as e mongage. appo�nt a receiver, or speaHicalty eniorce any o! the _
<br /> '�.�', COVQnBntS hgfeol; . . .
<br />�
<br /> : . No temeQy�eretn conferred upon or reserved to Trustee ot lender is intended to 6e exctusive o!any other remedy herein or by law proviQ80
<br /> or pertnitted,but each Shall be cumulative,snall be �r+addiUon to every other remetly g�ven hereunder or oow or hereafler e:iSting 8t law Or
<br /> �r� - • In equityr or by Slatute,and mey be exerclsed concurremty.independentry or successFuely. ,
<br /> � ' 10. Trustee. The Trustee may resign at eny Yune without cause, end Lender may 8t any time and without cause eppo�n�a �
<br /> � � � ;'-;�, SucCessor ot substitute Trustee. TNStea snall not be tiabte for eny loss or demage untess due to ac2t��ablo neg.genCe or wilUul ..
<br /> �' � � ' '� m'�SCOnduet, end Sha1I not be �equ'ueG to take any action c� cOnnection with the 8ntorCement o! th5 Qeed ot TN9t untess ,�.'
<br /> �` : �.' �: '•., .':;
<br /> � •,;:.,,. ,r:, ..� inQemnified, In writing, for a0 costs, compensatlon or expenses which may Ce associated therewitn. tn aCQ".:on. 7r�ste9 may :
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<br /> � ,.��:� � , beCOme a purcfieser at any sa�e ot tAe Proyeriy iludicial or under the power of sata granted herein>: pos!pang the sEt3 flf all a�eny ,�;.
<br /> �: ; •.� � : 4 portlon of the Propeny,as provlded by la�r,c�sen the Property as a+�+o�. or m separate parcets or►os. ����:t�
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