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<br /> •Procaeds')In cannectbn with condemnatlon or other teklnp of the Property or part thereof, or for��l�IIEb m I oi condemnaUon. _
<br /> Lendsr ehefl he ontltled et ite optton to commence. sppsW In and proeecute in Ite uwn neme eny action or proceedinga,and shall aieo
<br /> be entiEled W meke eny compromlae a settlement in conneatlon with such taking or damape.in the event eny portlan o9 tha PropeRy�s
<br /> so tAkon or demaped,Lender ahall have the opUon in iU sob end absolute dlscretlon,lo epply all such proceeds, after daduct(ng
<br /> theretrom AIO c�aia end expenaes Incurred by It In canneclbn wlth auch Praceeds,upon eny Indebtedneas secured hereby end In such
<br /> order ai Lender may determine,or to apply all euch Proceeds,aRer such deductlona,t�tlie roatoration of the PropeAy upon euch r�n-
<br /> dttlons ae Lender mey determine.Any eppl�atlon ot Proceod�to Indobtednsss shall notextend or poatpane the due data of any pey-
<br /> rrwnta under ifie Note,or curs eny deteult tharaunder or hereunder.Any unappliad funds ehall be psld to Trustor.
<br /> B,p�Konnanu by L��cMr. Upon the occunence ot an Evant oi Qefault horeunder, or if eny act ia taken or legal proceeding
<br /> commcncso vmicti maiodaiiy anecis tnndai'�ii�iK.hst ir Sha:'r��,rty,Lcrrdrr msy!n Ih a:�r.d!=_�tetlen,b�!t wirhnut�b1luaUon to do so.
<br /> aod without notk.e ta or demend upon Tru�tor md without roteesirp Tru�tor trom any oblpetlon,do eny act which Trustor hes egroed
<br /> but felled W do end may alan do any other ad it deems necesaary to prot�ct the security hereot.Tnrstar ahell,Imrr�edietely upon
<br /> demand thsrefor by Lender,pay to Lender all costs and e�snees Incuned and euma expended by Lender in connecNan with the exer-
<br /> ciis by Lsnder oi tha torepoln�riyht�,topether with intere�t thereon at the defeult rete provided in the Note,which shall be a�led W
<br /> 1he indebtednesa secured hsreby.Lender ahaU not incur eny Ilebility t�eceuse of anything U may do or omit to do hereundar.
<br /> 8. Hasardous M�U�tials.Trwtor ahall ksep lhe Property in compll�nce w(th an epplicabb laws, ordinancea and reyulaUons
<br /> relatlny to induatrial hypiene or environmentol protaction(coliectively referred to heroin as 'Environmentel Lewd').Trusta ehall keep
<br /> ths Properly iree irom aU eubstances dsertwd lo M hazxdou�or Wxia undar eny Environmental Laws(coWacdvety refeRed to heroin
<br /> ss'Hezardous Material�y.Truator hereby wartrnb��d roprosanfa to Lender diat thero aro no Nazardous Materlaie on or under ths
<br /> Properiy.Truator hereby agrees to indemnlfy and hold hermless Lender,its directora,otikers,employeea end agenta,and eny succea-
<br /> sors to Lendera interest,from and agalnst eny end all clalma,demages,loaues end Itabdties erising In connection with the presence,
<br /> uee,disposel or transport oi any Hazerdous Materiels on,under,irom or ebout tha Property.THE FOREGOIN(i WARRANTIES ANQ
<br /> REPRESENTATIONS, AND TFiUSTOR'S 08�1(iATIONS PURSUANT TO THE FOREt301NG INDEMNITY, SNALL SURVIVE
<br /> RECONVEYAN�:�QF THIB DEED OF TRUST.
<br /> 10.bsignm�nt oi R�nb.Trustor heroby assipni to Lendar,and prenta L.ender e secudty Intereat in,all pre�ent,future and
<br /> after a�isinp ronts,Issues and protiSa of the Property;provided that Truator ahali,unUl the occurrence of an Event of Default,hereunder,
<br /> have the right W collect and retafn such rents,lesuee and proflts as they become due a�d payabte.Upon the occuRence oT an Event ot
<br /> Qefault,Lender may,either in pereon or by apent,with a w(thout bringin�any acUon or procc��•.Iing,or by e receiver appointe;d by a
<br /> court and without regard to the edequecy of its recudty,enter upon and teke poasesaton of the Prope�ly,or eny pert thereof,In ita own
<br /> name or in the name oi the Trustee,and do eny acts which it deems necessery or desirable to preserve the value, marfceta�ility or
<br /> renteblilry of the Property,or any part thereol a interest therein,or to increaae iha income therefrom or protect the eecurity hereot and,
<br /> with or wittwut taking passesaton of the Propsdy, sue for or otherwlae coilect the rents,4�sues end protfts thereoi,Indudinp tlwse paat
<br /> due and unpaid,by notifying tenents to make peyments ro Lender.Lender may apply�enfs.issues and proflts,IeRS casts and expena-
<br /> es of operatbn and cdlecdon k�cluding attomey's fees,to any indebtedness secured Mreby,ell In such order as Lender may deter-
<br /> mine.'rha sntering upon and teking poseesaion of the Properly,the collectfm ot such rents, tssuea and profits,and ths appUcatlon
<br /> thereof es abresatd shall not cure or wahre any dofeult a notfce of defeult hereunder a tnvaitdate any ect done In reaponee to auch
<br /> dsieult or purouant to such nouce ot default and,notwiihsten�ing ii�e confinua�ce i�posaenaw�� vi�ro Ni�ie'n"ty o�tiis ca8st�latt� °
<br /> recelpt and applMstbn ot renta,laauea or profrte,Trustee and Lender shall be entitied to exerdse every Nght provided tor in eny of the �
<br /> Loen Inatruments or by law upon occumence oieny Event ot Detauit,includinp without Ilmitation the�Ipht to exerdae the power ot sale.
<br /> Further,Lender's rfghts and remedies under thl�paragreph shali be cumulative with,and In no way a Ilmitetlon on,Lender's Hghts arxf
<br /> remedies under eny easlgnment of leasea end rents recaded against the Property.LerMat,Trustea end the receiver ahell be Ilable to
<br /> eccount only for those renta actually recelved.
<br /> 11.Ev�nts oi O�hult.The fdbwins shell constitute an Event of Datauit under tNs�eed of Trusr
<br /> (a)Failure W pay eny inatallmsnt of prindpal a Intereat or eny other wm secured hereby when due;
<br /> (b)A breach ot ot deteuR under any provlalon co�talned In the Note,this Deed ot Trust,any ot the Loan Instruments,a any
<br /> othe�Ifen or encumbrence upon the Rroparty;
<br /> (c)A writ of executton or attachment or anp elmi�er prooess shall be entered egainst Trustor which ehaA become e Ilen on
<br /> the Ptoperty or eny portion thereot or tnterest theroin;
<br /> (d)There ahail be tiled by or egainst Trustor a Borrower an ecUon under eny present or future federal,state or otl�ar statute,
<br /> I�w or roqulation rol�dng to bmk�up2cy,Ineolvency or other rolief for dsbtors;or tliere ehall bs appointsd sny trustee,rooeiver or
<br /> � Ilquidator ot Trustor or BoROwer or of all or eny part ot the Property,or the renta,itsues or proflts thsroof,or Trustor or Bortower
<br /> ahall make any pentnal essignment fort�e beneffiof creditas;
<br /> (ey The aele,transfer, leaae,aasignment, conveyance or further encumbrance ot ell or eny paK of or any Intereat In the
<br /> prpperty,either vduntarNy or InvolunterNy,wlthout the express wdtten cansent d L.ender,provlded that Truator shall be permit-
<br /> ted to execute a lease oi the Property that does not conteln en opUon to purchase and the term of which doea not excaed one
<br /> year,
<br /> (�Abendonment of the Properlyr:or
<br /> (p)If Trustor Is not an Individual. the issuanoe, sale,trenster, essignment, Conveyanoa or encumbrence oi rtwre than(if e
<br /> corporetlon)e total of peroent of Its Issued end outstanding stock or (K a pa�tnershfp)a total of per-
<br /> cent ot paRnerahip interests,or(if a Ilmited ifabiNry company)a totel ot percent of the Itmited{labilfty compa-
<br /> ny interests w votlng Nghts dudng the peHod thia Deed nf Trust remalns a lien on the propeAy.
<br /> 12.RM�dl�a;AccQIQraUon Upon D�tauM.In Ua ovont of eny Event ot Default Lender may,wtthout notice except es requfred
<br /> by law,declare ell indebtednesa secured heroby to be due end payable and the seme ehall thereupon become due and payaWe with-
<br /> out eny preaentment,demand,protest or notice oi eny kind.Thereafter Lender mey:
<br /> (a)Demend that T�ustee exercise tlsa POWER OF SALE g�anted herefn,end Trustee shall thereaRer cause Trustor'e Mter-
<br /> est fn the PropeRy to be sold and the proceeda ro be d(stributed,all in the manner provided in the Nebreske Truat Deeds Act;
<br /> (b)ExerGae eny and all rights provided for In any oi the Loan Instrumenb or by lew upon occurrence of eny Event of
<br /> Detault;and
<br /> (c)Commence an action to foreclose thla Deed of Trust as a mortgage,appoht a recelver,or speciflcally enforce any of the
<br />_ covenants hereof.
<br /> No remedy hereln conferred upon or reserved to Truatee or Lender is Intended to be exdusive ot any other remedy hereln,in the Loan
<br /> InsVuments or by law provided or permitted,but each shsll be cumuladve,shall be In eddition to every other remedy given hereunder,
<br /> tn the Loan Instruments or now or hereaRer exlating at law or in equlty or by statute,and may be oxercised concurrentty,independently
<br /> a succestvely.
<br /> - 13.Trust�e.The Trustee may reslgn et any time without cause,and Lender may at any time and without csuse appofnt a euo-
<br /> cessor or aubsUtute Trustee.Tmstee sheli not be Ilabte ro any party,Inctuding witnout un�tauon�enaer,�sonower,i ruaior or any pur
<br /> chaser of the Property,for any bss or demage unless due to reckless or wlllful miaconduct,and ehalt not be required to teke o�y ection
<br /> = in connecUon with the enforcement of this Deed of Trust unless indemntfled,In wriGng,for ell costs,oompensation or expenses whtch
<br /> _ may be essocfated therewith.In edd►tlon,Trustae may become a purchaser at any sale of the Property Qudiclal or under the power of
<br /> sak�grented herein);postpone the sele of ell or any paUon of the Property,es proWded by luw;or sell the Property as a whale,or in
<br /> ' sepatate pa�cels or lots at Trustee's discretion.
<br /> 14.F�es�nd Exp�ns��.In the event Truatee solls the Property by exercise oipower ot eale,7rustee ahall be entitled to apply
<br /> ° eny sab Fxoceeds flrst to payment ot all costs and expenses of exerclsing power of sale,induding all Trustee's fees,end Lender'e and
<br />-- Trustee's attomey's feea, actualiy Incurred to extent permitted by applicable taw.In the event Borrower or Trustor exercises eny right
<br /> _ provtded by law to cure en Event oi Defau�t,Lender shaM be entitled to recover from TNStor ell casts and expenses actually tncurred as
<br /> a result of TrustoPs default,lnclud�ng without IlmitaUon all Trustee's end attomey's feas,to the extent permltted by�ppllcable law.
<br /> 16.Futuro Advancos.Upon request of Borrower. Lender may, at Its optlon.make eddltional and future edvanoes and read-
<br /> vances to Borrower.Such edvancea end readvances,with interest thereon,shali be s,ecured by this Qeed ot Truat.At no time shali the
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