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<br /> _1 7.Rmfn�nt Dort�Mn.LcndH Ir hw�by���n�d MI comp�n��tbn.�wNd�,d�m�p���nd other p�ymx�t�or r�liH Ih�nlndtsr 'Proc��d�"I �
<br /> NM conn�otbn with cond�mn�tlon or ath�r t�klny o}th�Propwty or p�rt the�af,or far convtynna�ln Ileu of cond�mn�tlon.Lond�r sh�ll
<br /> (((���(((yyy t�km or d�m�ped,L�nd�r�h�ll hsv�th�aptbn In In�ol�rnd Wwlut�dl�cntlon,to�pply�II���ch Proc�edr,elter d�ductlnp thersfrom
<br /> ��y�ll cont��nA expenMe�Incurrad by It In conn�ctlon wlth �uch Proc��d�, upon �ny Ind�btedne�• ��curad I�enby and In such arder a
<br /> �`1�L�nd�r m�y d�termim,ur to�ppiy�II�uch Proa�d�,attsr auch d�ductlom,to the re�toretlon of t6e Prope�ty upon euch conditlons ee
<br /> �.�Lend�r rti�y determins.Any�ppllcatlon of Procn�d�to Indsbnd�ar sh�ll not sxtend or pottpone Ihe due clate of any peyment�under
<br /> Oth�Nata,or Qun�ny def�ult thereundu or hu�under.Any un�pp�bd fund��hell be pald to Tru�tor.
<br /> V„ 8. P�rform�na�by L�ndn. Upon the occurtenas oi �n Evnnt of D�t�ult hsnund�r, or If My act 1s t�ken or lepel proceedinq
<br /> comm�no�d which m�tuiNiy�ff�at�Lsnder'�Irtt�rest In tho Ropsrcy,Under may In Its own dFicretlon,but wlthnut obllpet!on to do eo,
<br /> � -nd:�:tthout notlee tn nr dem,�nd upan T�ustor�nd whhout r�lsailno Trwtor from any obll�etlon,do any aat which Truetar hn eqrsed
<br /> I�but f�lis to do�nd may alao do eny other aat It deems necea�ry to protect the eecurity heraof.T�ueto►ih�it,fmmed�steiy upon d�ma��J
<br /> Q�thsrofor by Lander, p�y to Und�r ril coats and expsn�n incurnni end oum�exp�ndad by Laodor In connactlon with the exerctee by �
<br /> Lend�►of the forepolnp riphts,topather with Intere�t th�nan at tht def�ult rat� provldad in the Note,which �hall be added to the
<br /> indebt�dnets secured hereby.Lander aha0 not Inaur any Il�bllity bsc�u�n ot anythin4 it m�y do or omit to do hersunder.
<br /> 8.Huardou�M�tKtM�.Tru�tar shall keep the Property In compllance with all eppllaeble Iswa,ordinencea and regutatlone relating to
<br /> industrial hygiene or envfranmental protaction (collsctively referred to herein as'Environmont�l Uws^).Truttor ehall keep the Property
<br /> free irom ell eubatances deemed to be h�zsrdoua or toxlc under eny Environmental Lawa lcollecthely re}erred to herein as'Heaardaua
<br /> Meteria�s"1. Trustor hsreby warrants end rep►eaenta to Lender th�t there ere no Hazardou�Matedel on or under the Property.1'rustor
<br /> hereby egreea to Indemnify and hotd herminas Lender, Its directors,offtcera, employaes end agents,end eny suaceaeors to Lender'e
<br /> interest,trom snd+pqainst any�nd all ctalms,dem�gea,loates and Ileh�litiea arining In connection with the p�eaence,use,disposet or
<br /> tronsport of eny Hazardous Materlata on,under,from or about the P►operty.THE FOHEDOINti WAARANTIES AND REPRESENTATIONS,
<br /> AND TRUSTOR'S 08LIGATIONS PURSUANT TO THE FORE�OINQ INDEMNITY,SHALL SURVIVE REC()NVEYANCE OF THIS DEED OF
<br /> TRUST.
<br /> 10.Ass{pnm�nt oi Rmts.7ruetor hereby eseipne to Lender,and prante Lender a security IMeroat in,ail present,future end efter
<br /> ri�inp rents,tuues�nd profit�of the Propxty;provld�d that Trunor shail,untll the occurrence of�n Event of Defauit hereunder,havs
<br /> the ripht to eollect and retain auch rent�, issues and protfte et they become due and psyable.Upon the oceurrence of en Event of
<br />� pa(auit,Lendet msy,aither in porson or by e0ent, with or wlthout hringinp�ny aation or proceeding,or 6y a recsiver appotntsd by a
<br /> court and without rspard to the adequscy ot ita securiry, enter upon and take poaessbn of the Raperty,or any p�R thereof,fn Its own
<br /> n�me or in ths name of ths Tnutee, �nd do any aats whlch tt deems necesaery or deairable to preierve the valua,marketebility or
<br /> rentability af the Property,or any part thereof or intereat thersin,or to increaae tha income therefrom or protect ths security hereof and,
<br /> with or without takinp potaesaion of the Property,sue for or otherwiae collect the renta,lasues and profita thereof,includinp those putt
<br /> due and unpaid,by notifying tenanta to make psyments to Lender. Lender may appiy rente,lssuee snd profhs,less corta and expentet
<br /> of operation snd collection fncluding attomeys'fees,to any indebtednesa aecured hereby,ail In sueh order ae Lender msy determine.Ths
<br /> enterfng upon and takinp possesaion of the Pruperty, the cottectlon of auch rnnt�, isaues end proflto,and the eppiication thereof�s
<br /> aforesaid,shail not cure or waive any defauit or notice of defauit hereunder or Invalidate any aa done in response to such defeuit or
<br /> purausnt to such notice oi defauit end, notwithatanding the continuence in posaealon of the Property ar the coilaction,receipt and
<br /> InK'rumenta orrby I�w upon�occurrence of any Event of Oefauk,bncludlnp withoutrltmitetlon the ight to'e e clse'the powsr oi sMe.
<br /> Further,Lender'a right� end remedtee undsr thls puapreph�hall be cumulat(ve with,and in no w�y a limit�tbn on, LendePs riphta and
<br /> - �emsdtea under any asalqnment of lsqes�nd rents recorded egstnst the Property.Lender,Trunes md the receiver�hall be Ilabte to
<br /> account oniy for tho�e rente actu�lly received.
<br /> 11.Ev�nt�oi D�f�ult.The foilowinp sh�ll constitute an Event of Dsfauh under ihl�Deed of Trutt:
<br /> (�)FNlure to pay my instatlment of princtpal or interert of eny other eum secured hereby when due;
<br /> _ (b)A brsach ot or dsfault under any proviaion cont�lned in th� Note,this deed of Truat,nY of the Loan Instrument�,or eny
<br /> otha lien or eneumbrenca upon the Proparty:
<br /> (e1 A writ of exeeutlon or attechmeiit or eny stmller prooess ehall bs entered epNn�t Tru�tor which shell beeome�Ilen on the
<br /> Prop�►ty or�ny poRion thxsof or fntsrest therein;
<br /> (d!Ther�shdl be tU�d by or spNnct T�ustor or Elorrowor �tt action und�r sny pres�nt or fuiura�t�dKal,at�te or otiia�tatus,I�w
<br /> or rpulation rW�tinq to bankruptcy, Insolvency or other reli�t fnr d�bton;or th�ra ahNl W�ppofnt�d +u�y trun�, rkNv�r or
<br /> Iiquldator ot Trustor or 8orrowsr or of NI or�ny part of the Property,or ths rent�,Is�un or protita�th��aof,or Tru�tor or BorcowK
<br /> shW m�k��ny p�n�r�l�ssiqnmant for tha b�ne(It of creditore;
<br /> (d Th�tN�,tr�mf�r,I�a�,as(pnm�nt,conv�yMa or turther �ncumbnnce of all or�ny p�R of or�ny Intsr�t in th�PropKty,
<br /> elth�r voluntwily or Mvoluntwily,without th�expna written cament ot Lender;provided thM Tru�tor�hNl bs psrmitta!to�x�cut�
<br /> �I�w of the PropKty that dos�not c�ntNn en option to purchue and the t�m of whkh doN not�xcad on�ys�r;
<br /> (fl A6andonmsnt of the Property;or
<br /> (p) If Tru�tor I� not �n Indlvfd�N, the i�suance, s�le,tramter, a�sipnment, convsyence or encumbrsncs ot mon than Iit a
<br /> corpontbn)�total of perc�nt ot k�laued and outn�ndinp rtock,or(if�wartnsrshq)a totsl of p�resnt of
<br /> p�rtn�nhip int�rssts,or e mited IlebilitY comp�ny)a tot�l of N A p�rcent ot the Iimk�d Il�b(lity company ntereet�or votlnQ
<br /> ripht�durfnQ th�psriod thls Dead of TruK rsm�in�o Ilsn on the Rope Y.
<br /> 1 y,p�nwdbr.AccNoatbn Upon DHwk.In the event ot any Event of Def�uR Lender m�y, wkhout notice except es requlred by hw,
<br /> declK��I ind�btsdnes�oe�ured hereby to be due end peyable snd the s�me sh�ll thxeupon become due en� p�yable wkhout my
<br /> pressntmsnt,dem�nd,proteat or notice of�ny kind.Thsre�fter LendK m�y:
<br /> (a)Dwn�nd that Trustee sxercfss the POWER OK SALE pnnted herein, and Truitee aMN thereeftsr caua�Truatot'� intere�t
<br /> U ths Prop�rty to b�wld�nd the procseds to be diat�ibuied,�II in the msnnor provWsd in the Nsbr�tk�Tru�t De�t Act;
<br /> Ib)Exsrcise any �nd sil riyhts provfded for in eny of the Loen Instruments or by I�w upon occurcence of �ny Evsnt of
<br /> Default;and
<br /> � lc)Commenas sn sctlon to forocloae thie Deed oi Truat as e mortyope, appoint a �eciiver,or specYf(cally enforce eny of the
<br /> covenants hareof.
<br /> No remedy hsrain conferred upo�ar reaerved to Trustee or lender la intended to 6s exclu4ive of eny other remedy herain, fn the loan
<br /> Inatrumente or by law providod or permlttad,but esch sheA be cumutetivs,shell be�ln additlon to every vther remedy piven her�undx,in
<br /> the Loan In�trumente or now or heresfter existinp at law or in equity or by etetute,end mey be exercleed concurtentiy,independsntiy or
<br /> succeaelveiy.
<br /> 7 3.Trustae.The Truotee mey resign et eny tlmn without ceuae,and Lender mey et any time end without neuee eppolnt a eucCet�tor
<br /> or subatitute 7ruetee.Truetae ehell not be Iiable to any p�rtY.Including without Ifmitetfon Lenda,Borcower,Truator or any purchaaar of
<br /> - the Property, for eny loas or damape unles� due to reckleaa or wlliful mfsconduct, end shatl not bs requtred to teke sny �ctbn tn
<br /> � connectlon with the enfnrcement of this Deed of Trust unlass indemnlfied,I��writing,for�il costs,compensatlon or oxpanses which mny
<br /> he aaaociated therewith.In addhion,Truatee mey become a purcheter at eny eele of the P►operty�udicfal or under the power of sale
<br /> ganted nereinl;postpone the�ale ot all or eny portion of the Property,as pravided by law;o� ea�the Properiy os a wholn,or In sepuate
<br /> parcela or lota et Trustee'e discxetion.
<br /> 14.F�ts�nd Exp�n�.In the event 7ruetee sells the Vroperty by exerciae of power of eale,Trustee ahal�be enthled to epply any aate
<br /> - nrocseds flnt to navment of all costa and expenees of exercising power of eele,including all Tmstee'a feea,and Lender'e and Tru�tee'e
<br /> - attotney's tees,ectuelly Incurred to extent permltted by epplicebte tew.I�thE EVE�t BOttowe�or t ruecor exarcises eny rigni p�oviuda'ur
<br /> law to cure en Event of Oefeutt, Lender ehell ba entltled to �ecover from Truator elI coate end expenaes actually Incurred as a resuk of
<br /> � Trustor's default,Includfng wtthout Iimltatlon ell Trustee'a and ettomey's fees,to the extent permltted by appllcable law.
<br /> - 16.Futun Advanea.Upon requeat of Borrower, Lender may,et Ite optlon,make addltlonal end future advancea and reedvances to
<br /> Borrower. Such edvencea and readvancea, wlth Interest thereon, ehall be eecured by thls Deed of Truat.At no tlme ahell the princlpel
<br /> amount of the Indebtedneas secured by thls Dead of Trun, not Including aums edvanoed to protect the eecurlty of thfa Deed of Tru�t,
<br /> ' oxceed the orlglnal princlpel emount stated herein,or 8 SG9.000.00 , whlcheve�Is greater.
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<br /> NBC3467B INOnayricu�tur�Deodl Hw.8/96
<br /> 7988 NaUomi Benk of Cm�merce Trust end Swlnpf Aasxletlon.Uncotn,NeDnfke
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