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-"", .�, _ <br /> s - <br /> -- <br /> -.:_��._ <br /> • --..... ....—.._ . � .�__,.�a,.�- - <br /> - -- ,.__�_____, ._,.._. <br /> _ F•�•]O�`�._ .`..;t.-.� _ _�..u� _ ---_-__ �--`.�F�^r:E�'?Uh.'.� <br /> 'Procseds')In oonnectbn with condemnatbn or other tekinfl ot the Properly or pert theroot,nr for convayance in Ileu uf condemnation. <br /> Lender shell be en�ded et Ite opHon to commenoe,eppear in end prasecule In Ils own neme eny actlon or proceedln9a,and ahall alao <br /> be ent�led to make eny compromiae or eetttement In connectlon wilh auch tak.ing or damage.In the evont eny pnrtlon of the i�roperty ts <br /> co laken or demaped,Lendsr�hall have the oplfon in fts eole end ebsoluta dlscretlon,to�pply ell nuch proceeda, after deductinp <br /> thsreUom eH cpste and expenees incurred by It I�connsctlon with such�roceede, upon eny inddbtedness secured hereby e�d�in'�ch <br /> ordar e�Lsndsr mey determine,or to apply all such Praceed�,aHer such dsductlone,to the roetoratlon of the Propertyr upon <br /> dlNone as Lendar mey ctetertnlne.Any eppliceGon of proceeda to Indebtedneee shall not extend or postpone the due date of arry pay- <br /> msnu under tha Note,or aro eny defauft thsreunder or hereunder.Any unapplled funda ehall be pald to Truator, <br /> g,pniom�anc�by L�ntNr. Upon►he occurronce of en Event of DeTault hereundar,or if eny act ie taken or legel proceeding y <br /> commenced whlch materi�liy af(ecte Lerxler'$fntersst fn lhe Proparty,Lender moy In its ovm dlscretl�n,but without obliqatton to do so, ` � <br /> and wflhout notice to or dsmand upon Trustor end witho�t robefinp Trustor irom any obll�atlon,do any ect wh�h Truator has aproed <br /> but Talled to do end may also do any other ect R deems neceasary to protect the eecuMly hereot.Trustor ahall,knmediately upon � _ <br /> demand tlierotor by Lender,pey to Lender all coets and sxpensea incurrod and sumi expendad by Lender In connectbn with the exer- <br /> dae by Lencier of the forefloinp riphta,topether with interest theroon et the defeuH rate provlded In the Note,which ahall be added to .� <br /> the Indebtedneas aecured heraby.Lender shall not incur eny Iiability 6ecause of a�ything It mey do or omit to do hereunder. � <br /> 9. Hwrdous M�rlab.Tn�stor sheN keep the Properry In complience wlth all epplicable laws, adinancee and regulatbn� <br /> rolatinp W Indua�lal hyplene or environment�t pratectlon(callecqvety reteRed to herein as'Environmental Lewa').Trustor shell keep � <br /> the property iroe irom eil subatances deemed to be hezA►doua a toxia undar any Environmental Lews(cdbcUvely roterred to hsre�� � <br /> as'Hezardous Materials'�.Trustor hereby warrante and ropresents W Lender that thero ere no Hezardous Materlals en or under the <br /> Property.Trustor heroby egrees to Indemnify end hold harmbss Lender,Its dtrectora,o�icers,employees and agenta,and any succea- <br /> aora to Lendsrs Intereat,irom end epeinat ar�y and etl claims, damages,losses and IiabllitiesTHE FORE OINO WA�RMNTIES AND <br /> use,dlapoui or trenaport oi any Hazardous Materiala on,under,irom or ebout the Property. <br /> REPRE3ENTATIONS, AND TRUSTOR'S OBLIGATIONS PURSUANT TO THE FOREOOINt3 INDEMNITY.SHALL SURVIVE <br /> 'ECONVrYANCE OF THfS DEED OF TRUST. <br /> 10..isL'enm�i� of R�nts.Truator hereby assipns to Lender,end grants Lender a secudty inte�eat in,eil present,futuro and <br /> aRer erfsinp ronta,iasues and proflte oi the Properly;provlded thet Truator shatl,untll the occuRanca of en Event of DefeuR,hereunder. <br /> have the right W cotlect and retafn such rents,Issues and protits as they become ciue and payable.Upon the occurrence of an Event oi <br /> qefauR,Lender may,either in pereon or by agent,with or without lxinging eny adion or proceeding,or by e receiver appointed by a <br /> court and without regard to the edequacy ot ita aecurity,enter upon and take poasession of the Properly,or eny paR thereoi,In ks own <br /> name or in ths neme of the Trustee,and do eny ects wh(ch it deems necessary or desirable to preserve the value, mericetabflky or <br /> renteblAty o1 the Property,or eny part ttwraof or(nterest thereln,or to Incresae th�kicc;ome therefrom or protect the aecurity heroof nnd, <br /> wUh or wifhout teking poaoesaton oi the Property,sue for or otherwiae collect Ihe ronts�Issues and proflts thereof.inck�dtnp those past <br /> due end unpaid,by notifylnp tenanta to maka paymenta to Lender. Lender may apply rents,(ssues end proflW,lesa coata and expens- <br /> es ot operetfon end collectlan indud(ng ettomey's feea,to any indebtadneaa aecurod hereby,aN in euch oMer aa Lender may dster- <br /> mine.The entedng upon and�akinp poaseasion cif the Prope�ly,the ooileador► oi euch renta, isauea end proffts, and the appNCation <br /> therooi es aforesaid ahall not cure or waNe any default or notice of defeuit hereunder or Irnaltdate eny ed done in roaponse Eo auch <br /> defauft or pursuent to such noUce of defauft and,notwithatanding tha conUnuance In poaeeaabn of the property or ine u�iia:ii�� ° <br /> rocetpt and applk�tbn of rente,issues or proflts,Truatae end Lender ahali be endtled to exerdse every right provkled for in any of the <br /> Loan Instrwnenfa or by law upon oxurrence of any Hvent oi Default,includ(ng without Ilmftation the rlpht to exerdae the Power ot sab. <br /> Furtl�,Lende+'s Nghts and remedies under thta parapraph shall be cumulaUve wNh,and tn no��ray e Ifm[tetion on,Lander's�iphts and <br /> remedbs under eny easipnment of leaaes and ronta recorded ageinat the Property.Lender,Truatee end the roceiver sheM be�kibls 10 <br /> acoount anly fcr those renta actualiy reoefved. <br /> 11.Ewnlr of DM�uIl.The tollowinD ahall conadtute en Event of Default urxlar this Deed of Trost: <br /> (e)Fefluro to pay any ineteliment of prindpal or Interost or eny othx sum aecured herobY when d�et <br /> (b)A breach of or detauR under eny proWaion contalned in the Note,Mls Deed of Trust,eny ot the Loan Ustrurnenta,or anY <br /> other tien or encumbrance upon the Properlyr; <br /> (a)A wdt at exxutlon or attachment or eny similar process shall be entered egainst Truator wh(ch shaN beoortie a Nen on <br /> the Property or any portlon thereof or Interoat therein; <br /> (d)There shatl be filed by or ayainat Truator or Borrower en actton under amr preasnt or future tederel.atata or od�statute, <br /> law or npuletbn rolatiny to benkruptcy,Inwlvsncy or other rolbt for debton;or thero ahall be eppointsd eny truste�,roalver or <br /> I{quidator of Truator or Borrower or ot all or eny part oi the Properry,or the ronte,Isaues or proAts tMroot�or Trusbor or 8ortvw°� <br /> ahaM make eny generel eaaignment for the banetit ot cneditors; <br /> (e)The sale,trensfer, fease,asaignment,oonveyance or further encumbranco of aN or eny paR of or eny(nMrest in fhe <br /> property,either voluntadly or imrolunte�ily,witlwut the expreaa wdtten coraent oi Lender,provlded that Truator ahall ba psmiit- <br /> ted to execute a base M th�Property that doee not conteln an option to pix�chaae and the term of wh�h doea not exceed ons <br /> Y� <br /> (n llbandonment of the Property;or <br /> (g)If Truator Is not en Indlvidual,tNe laauance,sale,transfer,aasipnment,conveyance or encumbrence of moro than(H s <br /> oorporatbn)a Wtel oi per�cent ot(ts issued and outstending etodc,or(H a partriership)e toW oi per- <br /> cent of paAnertship Intereata,nr pf a Ilmited ifablifty company)e total of peroent oi the i(mited IIablNty compa- <br /> ny interests or votlnp righta durinp the perlod thia Deed oi Trost remains a Ibn on the property. <br /> 12.R�nwdNs;Acc�I�ration Upon D�hult.In the event oi eny Event of Detault Lender may,withou!notice except es requlred <br /> by law,dedaro aN indebtedness aecurod hereby to b9 due and peyable and the oame ahall thereupon become due and payabie witl►- <br /> out eny presentment,demend,protest or rtotice of any kind.Thereafter Lender may: <br /> (e)Demand that Trustee exerclae the POWER OF SALE prantod heroln.end Trustee shall therestter cause Truator's Mter- <br /> est fn the Prope�ty to be soki and the proceeds to be dlsUibuted,all In the manner provided In the Nebreska Trust Deeds Act; <br /> (b) Exerofse eny end all rights provided for In any of the Loan Instmments or by law upon occumence oi any Event of <br /> Defaul�end <br /> - (c)Commenoe an actton to torecloae thts Deed of Tmat as e mortgage,epp�int a receiver,o�apecifica�y enforai any of the <br /> covenenb heroof. <br /> No remedy heroin conferred upon or reserved to Truates or Lendar►s tntended to be exGusive of eny otfier remedy herein,in tlie Loan <br /> Instruments or by law provided or permltted,but each ahall be cumula8ve,shall be in additlon to every other remedy given hereunder, <br /> In the Loan Inswments or now or hereafter existing at lew�r In equity or by statule.and may be exerctsed cancurrently,IndependenGy <br /> or suocesively. <br /> - �z Tn,a*� Thn Tn�clun mav raulen at anv Hma withnut muse.and L9tlde�rt18V fl�HflV�I116 8�1d W11h0Ut C8U88 8�f1t A SilC� <br /> = cesaor or suAaHtute Trtistee.Trustee shail not be Ilabie to eny perty,Includlnp withaut Iimitetion Lender.Barower,Trustor or any pur- <br /> � charer ot the Prope►ty,tor any loas or damage unles�w dua to reckleas or wilK'ul misoonduct,and cheil not be requlred to teke any acdon <br /> -� tn connecGon with the enforoement of this Deed of Trust unless indemnffied,tn writing,for all costs,compenaation or expenses whtch <br />- may be essodated therewith.In eddftlon,Trustee may become e purchaser at any sale ot the Property Qudldal or under the power ot <br /> � se{e granted heretn);postpone the sele uf all or any porUon of the Property,as provided by law;or sell the Property as a whole,or in <br />- - separete percels or lots et Trustee's dlscreGon. <br />,-ii14.FNS and Exp�m�s.In the event Trustee seils the Property by exerdse oi powor of sale,Tnrstee shall be enUUed lo apply <br /> = any sa{e ptoceeds flrst to payment of all costs and expenses oi oxerciaing power of sale,Including ell Trustee'8 fees,and Lender's end <br /> -= Tniatee's ettomey's feea, ectuaily incurred to oxtent permltted by applicahle Iaw.in the event Bnrrower or Trustor oxercises any ripht <br /> 'i provided by law to cure en Event oi Defauit,Lendor shal�be entitled to ro�over from Trustor ali costa end expenses actualiy incurred aa <br /> ' a result ot Trustors defauit,including without IlmlteUon all Trustee'a end attomeys fees,to the extent pertnitted by eppl{cable law. <br /> : 16.Futun Adwncas. Upon request oi Borrower,Lender may,et Its optfon,make edditional and future edvancas and read- <br /> �� vances to Borcower.Such advances end readvances,with Interest thereon,ehatl be secured by thia Deed ot Trust.At no Ume shell the <br />