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<br /> 7.EmM»nt Dota�Mn.L�iidar Is hereby otslpn�d dl compfn�ntlon,aw�rd�,dwn�pei�nd other psymnnt�or rsflsf Iherelnafter "Proceeds") .
<br /> In r,onn�ctlon wkh condsmnatlon or oth�r t�kinp a}the Prop�rty or p�rt th�r�of,ar for convey�nce In Ileu of aondemnstion. Lender�hall
<br /> t�k�n or d�mr�ped,Lnnder�hdl h�ve the optbn In in�olo�nd�b�oluts dl�antlon,to apply aN�uch Procs�d�,�fter deduotlny th�nfrom
<br /> ell coat� and expeme�IncurreA by It In conn�ctlon with�uch Roc�ed�,upon �ny Indebtsdn�s��eaurad hs�eby end in�uch ordar ee
<br /> L�nd�r m�y d�txmin�,or to�pply NI auah Procred�,dt�►�uch d�duatlon�,to the rs�torattan of the Property upon auch condltlone ne __,
<br /> Lendsr may det�rmfm.Any�ppilc�tlon of Procnd�to Ind�btNln�u�hul not sxtand or po�tpone th�du�drte of eny p�ym�nt�under
<br /> the Not�,or cun�ny d�f�uk th�nundor ar h�nund�r.Any un�ppllwa fund��h�ll b�p�ld to Trwtor.
<br /> 8. PKtorm�na by I.Mda.Upon th�oocurrmc�of �n Evmt of DNault he�undu, or If �ny�ot I� t�k�n or I�pN proce�dlnp
<br /> commmced which m�t�rl�lly d(nt�Lend�r'�Int�n�t In th�Ruperty,L�ndK m�y In It�awn d�antlon,but wlthaut obllp�tlon to do�o,
<br /> �nd whhout notio�to or d�m��d upon Trurtor�nd wkhout rN�a�lnp Tru�ter from�ny obllaNbn,d�Wsy�ae whlah Tru�tor hu�pn�d `
<br /> mbut feNe to do end m�y�I�o do�ny othsr�ct It deem�n�a�ury to prot�at ih�■•uuriiy t�:�aut.Tru:.ar�h:1},lmmrdletely uaon�f�m�nd
<br /> �y,�th�ntor by L�r►d�r. p�y to L�ndK�II eo�t��r►d axp�na�incurnd�nd�um�exp�nd�d by le+�dor in co�uiuutlun t�hh thn oxtrelen hy
<br /> '�p.�nd�r of the forepolnp ripht�,topeth�► with Int�nat th�non et th� d�f�ult r�t�provld�d In th� Not�, whlch sh�ll b��dd�d to th�
<br /> B'A►d�btWmst ucund h�nhy.Lend�r�h�ll not Inaur�ny II�bllity becws�of�nythinp it m�y do or amit to do h�nund�r.
<br /> 8.HwMou�M�t«iN�.Tru�tor�hNl k�op the Ptop�rty In r.ompli�na with dl�pplic�ble uw�,ordln�ncs��nd npul�tlon�nlatinp to
<br /> Qndustrlsl hyplene or anvironmsnt�l protectbn leollsativ�ly nf�rred to h�rsin a�"Environm�nt�i I.�w�"1. Tru�tor sh�li ke�p the Prop�rty
<br /> ''�"Yrae trom dl �u6stancos desmed to be h�Kdou�or toxlo undar any Environmant�l I.�w� lcollsatively reter►ed to hereln�s"H�=ardoua
<br /> Materiela'1. Trustor hersby warrents end repretsnts to Lender th�t thers are�o Hs:ardouf Materiel un or under th� Proparty. Trustor
<br /> � herehy eproea to indemntiy end hoid hsrmisa Lendar, Ito diractors, ofticere, employoes and agente, end any succesiora to Lender'a
<br /> �Interert,}rom and �pdn�t any�nd s9 ol�Nns,damapee,lostes end Itebllit(ee ad:lnp In connection with ths pretence,use,di�potai or
<br /> �tnnsport of eny H��rdoue Materiels on.under,from or about the Property.THE FOREDOINO WARRANTIES AND REPA6SENTATIONS,
<br /> AND TRUSTOR'3 OBLItiAT10NS PURSUANT TO THE FORE(iOiNB INDEMNITY,SHAI.I SUflVIVE RECONVEYANCE OF THIS GEED OF
<br /> ' TRU8T. � �
<br /> 10.A�slpnm�nt of R�nt�.Trustar hereby astipns to Lender,and prante Lsnder a�scurity Interut (n,all praent,future end�fter
<br /> rislnp rents, iuues and profits ot the Rroperty;provided that Trustor ehall,untll ths occurnnae of an Event of Defauit hersunder,have
<br /> thn �ipht to cotleat snd ret�in�uch rent�,Ia�ues snd profitt as thsy bscome dus and pay�ble. Upon ths occurrence of m Event of
<br />° Defauh.Lender may,either in pereon or hy aQant,wtth or wlthout bdngtnp eny+�c�tion or proaeedfng, or by a receiver�ppoint�d by a
<br /> court snd without regard to the edequauy of ite security, enter upon and take ponesslon of the Roperty,or any pert thenof,in It�own
<br /> nama or in ths nams of the Trustee, and do sny aat�whlch It deemt necea�ary or deair�ble to praavs ths value,m�xkrtaGilky o�
<br /> rentabllity of ths Piroperty,or any part thereot or intereat therefn,or t�inerease the income thereirom or protect the aecurity hereof And,
<br /> whh or wkhout tskiny pa�seasion of the Property,sue for or otherwiae collect the rent�,Iaauea and proffts thereof,includinp those psst
<br /> due end unpaW,by notifytng tenenta to m�ke peyment�to Lender. Lender may apply rents,Isaues and profite,lea con�and expeness
<br /> o�operatiot►md aalleotion Inctuding attorneys'fea�,to any indebtedneaa secured hereby,ell In such otder es Lender may determins.The
<br /> entering upon end taking posaeasion of the Roperty, the collectlon of such rents, iesue�and profits,u�d the�pplic�tlon thersof s�
<br /> Atores�id,shNl not cure or waive any defauit or notice of default hereunder or Invalidets my ect done in reeponte to auch d�fault or
<br /> pursuant to auch notice of defauit and,notwithrtanding the contlnuance in postession of the Propsrty or the collectbn,racstpt and
<br /> appflcMbn of rents, leaues or profitt, Trustea and lender shell be entitled to exercl�e every rlpht provided for In any of ths Loan
<br /> Inttruments or by Isw upon occurrence ot eny Event of Detault,Includinp wRfiout Iimltatbn the ripht to exerci�e the power of ale.
<br /> FuRher,L�ndx's�iphts�nd remedie�under this p�rapnph shsll be cumul�tive wfth,snd in no wsy a Iimitatlon on,Lender'e rights�nd
<br /> sssnss!!es under eny e•!I�nmw�t ot leasea and rente recorded against the Propsrty. Lender,Truetea and the receiver ihell 4e Ilable to
<br /> account only for thoae rents aatuaily rscelved.
<br /> 11.Ev�nU of Q�t�uh.The followinp shall conatitute sn Event of Gefault under this Deed of Trust:
<br /> (�1 FaNure to pey any inetNlment of principal or intereat of any other sum secured henby when due;
<br /> (b)A hreach of ar deteuft under ny provltlon cont�ined in ths Note,thts Dend of Trust,sny of the Loan Instrumenta,or any
<br /> oth�r Ilen or encumbrence upon ths Property;
<br /> (c)A writ of sxecut(on or attanhment or eny slmilar proceas ehatl be entered agsinet Trustor whieh�halt become a Ilen on the
<br /> PropKCy or�ny ponion thereot or intenat thers(n;
<br /> (d)Thxe shill b�fH�d by or ayaimt Trustor or Borcowsr sn aation undu my pnsont or future toderaf,atata or othsr status,taw
<br /> or rpulatbn rN�tinp to bankruptay. Insalvsncy or other retlef for debtore;or thers �hsll bs�ppointed �ny trutteo, racetver or
<br /> Ilquid�tor of Trustor or Borrow�►ot of all or any part of the Property,or the rents,Iwue�or protk�thsreof,or Trustor or BuROwer
<br /> �hMlm�k��ny q�n�r�l auqnm�nt tortha bsn�ftt of areditors;
<br /> (e1 Th��ale,tranaf�r,I�us,ustynment,convsy�nce or further sncumbrancs ot all ar any psrt of or any Intusst in the Prop�rty.
<br /> Nthu voluntuily or(nvoluntxily,without ths�xpnu written con�ent of Lender;provid�d that Trustor sh�ll bs permhted to ex�cute
<br /> •Naw of th�Ropwty th�t doss not contan�n optbn tn purcha�e end the term of which don not sxc�sd ona y��r;
<br /> (fl Ab�ndanm�nt of th�Propsrty;or
<br /> (p1 If Trustor i� not en individu�,the isoua�ee, sue, trensfer, ��nignment, conveyance ar encumbnnce of mors th�n Iif a
<br /> carporatbnl a total of percent of its lesued�nd out�tandinp�tock,or(if a psrtn�r�hlp)�totW of�/��perc�nt of
<br /> p�rinenhlp inter�st�, or a mked IlabAity companyl a totel ot N A percent of the Iimited Ilebilky comprr►— y Intsrettt or votinp
<br /> Npht�dudny ths pKbd thi�D�ed of Tru�t remalm a Ilen on tha Rope y.
<br /> 12,pMe�;Aac�i�nHon Upon DNwk.ln ths svsnt of�ny Evsnt of Cefauk Lender m�y,wtthout notla exc�pt u required by law,
<br /> d�cl�rs MI tndebtsdnes�eacured hereby to b� due end peyable and ths aame ehaN thereupon becoms du�and paY�ble without �ny
<br /> pree�ntm�nt,d�m�nd,prot�st or notice of eny kind.Thereaitsr Lender m�y:
<br /> (�)Demsnd that Truate� exercia th� POWER OF SALE yranted hsrein, and Tru�t�e ehsll thereefter cauae Trustor'� tntMett
<br /> in the Property to bs eoid end the praceeds ta be dlctributed,ell in ths m�nner provlded In the Nebra�ka Truat Oe�d�Act;
<br /> (b)Exercise �ny and ul rlyhts provided for In eny of the Loan Ustruments or by law upon occurcence of any Ev�nt of
<br /> DstauR;�nd
<br />— tc>Conimw►ee on actlon to fo�eclosa thls Daed of Truat es e mottgepe, eppoint e �ecetver,or epeciftaally enforce any of the
<br /> covmantt hsreof.
<br /> No remedy hereln confsrred upan or reeerved to Truatee or Le�der la Intended to be exclualve of eny other remedy herein,In th�Lo�n
<br /> Instrum�nts or by I�w provided or permitted,but eaah ehail be cumulative,ahaii be In addhbn to avery othst remedy ylven hereunder,In
<br /> the Loan Instrumenta or now or here�fta sxlsting at law vr in equity or by st�tuts,and m�y be sxerclaed concunently,Independently or
<br /> �ucces�Ively.
<br /> 13.TrustN.Ths Truetee may resign�t eny time without cause,and Lender m�y at any time and without causs rppotnt e eucceaaor
<br /> or�ubatkute Trustee.Trustee ehall not be Ileble to any party,inoludtnp without timitetton Lender, Borrower,Truetor or eny purchaer of
<br /> � the Property, for eny loss or damape unleae due to recklesa or wlllful misconduct, end ehell not be requtred to t�ke �ny aatton In
<br /> - ca�naatbn witi�tlte enforcement of thta Desd of Trust unless indemnlfled,!n wrlttnfl,tor a�coate,compenaetlon or expenae�which may _
<br /> be naocieted therewkh.In oddition,Truttes m�y become a purchaeer at sny eale of the P►operty Qudlclal or undor the power ot sata
<br /> pranted herelnl;po�tpone the eale of eli or eny porclon of the Property,aa provided by Iaw;or sell ths Proparty ea e whole,or In separete
<br /> parcels or lot��t Trustee's discretion.
<br /> 14.FN�and Exp�naa.In the event Truatee aella the Property by exerci�e of power of tsle,Trwtse ahall be entitied to epply eny�sie
<br /> .,.....�.s,».....,.,...,..,...s�i�.,.r..ryf.rn.nm of exerciatnn nower ot sale,Inciudfnp ol Trustee'a fees,and Lender's end Trustse's
<br /> ,.____._..._.._�_,..._..._. _.----- - - -
<br /> attornay's faas,actuaity Incurred to ext�nt permitted by epp�laable Isw. In the event Bonowe�or Trustor exerciaea any riynt proviaeo oy
<br /> -a law to cure an Event of DefauR, Lender�hell be entitlad to recover from Trustor all coste snd expenset actualty Incurred aa s roauk of
<br /> :� Truetor'e default,including without Iimitetion a�l Ttuetee's end attorney's fees,to tt►o extent permftted by applicabls lew.
<br /> i1 16.Futun Adv�nc�s.Upon requeat of Borrowsr,Lender mey,et Its optlon,m�ke edditionel and future advancea and readvances to
<br />_; Borrower. 8ueh advances and raadvancee, with interest thereon,shell be secured by thb Deed oi Truet. At no time ohdtl the prtncipal
<br />;,� emount of the Indebtedneaa eecur�d by thfe Deed of Trust,not inciudtng sumn edvanced to protect the aocurity of thla Deed of Truet,
<br /> exceed the originel princlpal emount atated herein,or i �-`ee �q �o ,whichever la greater.
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<br /> � NBC��67E INonprlcWtunl0wdl F�v.E786
<br /> � 18ES N�tlonN E�nk of Comm�ra Trutt md 6Mnp�Maxlntlon,Uncdn,NMw{k�
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