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<br /> k 'Proceeds")In connectlon wlth candemnallon or ather teklnp oi the PropeAy or paR thereof,or for canveyance I lfeu 6 con emneqon. -
<br /> ' ' Lender eholl be entllled at Ite optlon to cammenco,eppear In and prosecuta In Ite own �eme any ecttan or proceedinga,e�d ehall eleo
<br /> � be ert.IGed to make eny campromisd or settlement in connectlon wllh auch taking o�damape.In the event any poRlon of Ihe Property Is
<br /> ' 3' w uken a dAmaged, Lender ehell hsve the optlon In Ils�ole and absolute dlecreUon,to epply all such proceeds. �Rer deductlrp
<br /> � �4 thKetrom all coet�end expsnss�Incuned by It I�connectlon wlth such Proceeda,upon any Indebtedneaa eecured hereby end In such !
<br /> l. mrder�e Lsndsr may determtne,or to epply all duch Procoeds,aRer euch deductlons,to the reatoratlon of lhe Property up4n euch oon- ��,`:
<br /> -� . dlllons u Lsnder mey d�tsrmine.Any spplkatlon oi Procesda to Indabtednes�ehall not sxtend or postpons tha dus d�le ot any pay- __:
<br /> menV under the Note,or curo eny delault lhereu�der a hereunder.Any unepp�led funda ehall be peld to Truabr. p�.-
<br /> 9.P�Honrianc�by L�nd�r. Upon the occumence of en Event of De(ault herounder, or II eny act le leken or lepal praceodfnp -
<br /> -�.!<�� oortxnsnced wh�h metsrlally�tt�cts Lsnders Intsrost In the Property,Lender mey In Its own dltcrelbn,but wlthout oblqetion tc do�o, _
<br /> . end wlthout notice to or demand upon truetor end wlthout roleaalnp Trustor from any obllpetlon,do any nct whfch Tn»br h�s apreed ___
<br /> �•• but f�lbd to do end may elao do any other act It deema neceseary to protect the security hereoG Truatot ahaA, irtmQdletely upon .,
<br /> �` demand therotor by lendur,pay lo Lender etl coste end expeneae tncumed and euma oxpended by Lender In connection wllh ths exer- -
<br /> '�� clis by Lender at tfie torepolny r{�hta,topether wllh Interoat thereon at the detault rete provlded in the Note,wh�h aMU be added to -
<br /> the Indebtedness secured hereby.Lender shell not lncur eny Ilablllly becauae ot anythlnp It may do or omlt to do hereunder. _
<br /> 9. Has�Mow M�t�ri�l�.Trustor ahall keep tM Property In complla�ce wlth ell eppllcable tawa,ordinances end rogulatlons
<br /> ° . rolcGnp to Indu��iel hypkne or envlronmental protectton(collecdvely refarred to heroln ae'Envlronmental Lawa').Trustor ehell keep
<br /> ' � ' the P►operty iree trorn aIl aubatancea deemed to ba hazardous or toxla under any Environmentel Lewa(collecUvely relerr�ed to hereln
<br />_.. as`Hazardous Mc+terials').Tnialor hereby warranta and represents to Lender that there ere no Hazardous Mate�lals on or under the
<br /> ^ Propsrly.Trwtor hersby apres�to tndemntry and ha�d hermbss�endsr,lu dlrocton,officers,empbyeea end aDenta.end any succea-
<br /> ;��..,' ' son to Lsnclsrs Intersst,frnm �nd�palnet any�nd�M dalms,dunapss.lossss a�d ItabUlties a►lalnp In connection vWth the prownce,
<br /> _ � . u�s,d�sposal or trantpoit of any HazaMous Mstarlals on,under,irom or�bout the Property.THE FORE(3AIN0 WARRANTIES AND
<br />��,.: ,. ,;.�:. REPREBENTATtONS, ANO TRUSTOR'S OBLICATtON3 PUR3UANT TO THE FOREf301N(3 INDEMNITY, SHAI_l SURVIVE �_
<br />_�j�,;�,;,f,::ti. RECONVEYANCE OF THIS DEED OF TRU3T.
<br />=Y ��= �_ � S0.Assl�nnNnt oi R�nb. Truator heeby essi�ns to Lender,end prenb Ler�dsr a sscuNty tntanst In,aN prawnt,tutun�nd
<br /> aRer arl�lny rw�W,luues and profite of ths Properlyr;provlded that Truator ehell,undl lhe occurrence of an Event of De�ult,hereunder,
<br />=,-�" " ' " • have ths tqht b ooMect end refeln auch rents,fasues and proflts as they become due and payabte.Upon the occurrence ot an Event W
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<br />�'`� Qefault,Lender may,sither In peraon or by egent,wlth or without brtnging eny ecUon or proceeding,or by e receivereppolnted by a
<br /> ��a.� � ���q�ropsnl fo tfie�dequaey of Ib security,enter upon end teke poaseaabn of the PropE,rty,or any paR thaeof,In Its axn
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<br />�:k,:` ;, n�ns or ln ths nams of Ihe Truatee,and do any ectu wh�h It deems neceaeary or dealreble to{xeaerve the value,markstablllty or
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<br />=,:n, - rwitebWty M ths Property,or arry pad tF�er�soi or fnteroat thereln,or to Incroasa ths Income therofrom or protect the seculty hsroof and,
<br />��;;!,�;;?:: .. wMh nr wlttwut hkk�p poa�essbn oi the Property,aue for or othenvlse collect the renb,laauaa and proflta thsroof,tncludinp thoae peat
<br />�,,.,y-;,x._ �' dus and unpsid,by nodlyk�tenenb to mske peyments to Lander.Lender may epply ronts,lsaues end profits,tess cats and expens-
<br />_�;.�y�•, as M operadon snd collectlon kidudb�g�ttomsy�feas�to any Inciebtedness aecurod hereby�all In such order es Lender may dster-
<br /> -=;':'�d . mkie.Ths entodna upon and dktng poaasslo�of the ProPSrtY.the collection ot such ronte�Isaues ond proflte,and the eppNcetlon
<br /> .��'"�`"°'�°� thersoi as storoaald sheN not ars or walve eny default w nouce o�detauft heroundtr or InvaHdate eny act do�e k� raponae to such
<br />_-~��'f� dehuU or pursuant eo such nol'ce of detauft end, notwtthatending the conUnuance In posaeaabn oi the property a the odlectlon,
<br />�,`'� ��'� "� rooelpt and spplk�tbn W ronta,Issues or protfts,Truatee and Lender shaN be enUUed to exerdss every rtyht provkled lor M any of ths
<br />---�!� Lo�n Irnruments a by law upon oocurrence ot eny Event of DefeuR,Indud�np wlthout t(mltatbn the ri�ht ta exe►dae the powar of eals.
<br />����;,,, FurC�x�L�iders r(phts�nd romedla undsr ihts perepraph shaq be axnulative w(th�end In no way e Itmlt�fbn on�Lendara Hphb and
<br /> rort�sdi�s under sny�sslpnmsnt oi baaea end ronts recaded apalnat the Property.Lender,Trustee and the roaelver�heN be Iteble Eo
<br />_===-A�� �ao�x�t only for thae ronts advally reoeh�ed.
<br /> ,.,;-��,,;.,.� 11.EwMs o/ON�uR.The idtowlrp�hall conntltute an Event of DefauR under thls Deed of Tniat
<br />��,":�•,-�a�� (a)Falluro to pay any Inatellment of princtpal or Interoat or eny other eum eecurod hereby v�rhen due;
<br /> _.�_�.�„� (p)/►��h cf or defeuft undor eny provlsbn contelned tn the Note,thts Deed ot Trust,eny ot ths Loen I��Yumants,or any
<br />_--=a��� other Nen or erx:umbrance upon fhe Property;
<br />—�g� (a)A wrN ot executkn or attechment pr eny simller procc�as shall be entered apalnst Truator vMh�h bhall beoorrb a Nen on
<br /> the pnpperty or any porUon theroof or Interost thsreln;
<br /> (d)There ahab be 8bd by or epalnst Trustor or Borrower en ectton under eny present ortuturo tederel,etate or aM�er:tatute,
<br /> -- = I�w ar npul�tlon rol�dnp to b�nkruptcy,lnfdvsnay or other rolbi for debton;or thero shall bs appAkited�ny trwts�,rsoelvsr or
<br /> _ p pquida�d Truator or Bort+owsr or oi dl or eny pen of the Property.or the ronts,Isaues or proftb th�rsol.or Tn�tor or Bortowsr
<br />---'_,�,� ahoN make�ny penerel�sslpnment tar the beneflt oi credltora;
<br /> -�;;���3,� (e)The aab,trenater, kase,easlpnment,oonveyancs or turther encumbrencs of all or any psrt ot or amr ieteroat In ths
<br /> J'�`�` - -• Property,either volunta�ty or Uvolunterily,wlthout the expross wdtten oonaent oi Lender.provided that Tnistashell be psm�lt
<br /> °-'�_+_ ted to exscuta a lease of the Property that doea not contein an optlon to purchase and the tartn ot whlch dos�not exceed one
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<br />�,... ��_"� (Q/lbandonment of the PropeAy:or
<br />__ �*+���� (p)N Truator Is not on Indtvldual.the fssuance,aale,tranefer,esalpnment,conveyance or encumbrance d rriors ttwn(ff• •
<br /> corporatbn)a total oi percent of ita Issued end out�tanding atock,or(Ii a pertnershtp)a total d . _per-
<br /> ��-��~ oent ot partnerahlp Interoste,or Qf a Ilmltsd ifabNky compeny)e total oi percent of tba Ilmited liablliry oompe-
<br />-���Y`�-�: .. ny intereats or vodng►tphta du�inp the perbd thls Deed ot Trust remaina e Ilen on the property.
<br /> "�' 12.R�m�dMs;AcwNntlon Upon D�huk.tn the event of any Event oi Default Lender may,wlthout nodce ezoept aa roquked
<br /> - . � by law,declere all hdebtednees aecurod hereby to be due end payaDle end the aame ahall thereupon becotne duo�i payabl�wlth-
<br /> �_ out any preaenUnent,demend,protest or notice ot eny klnd.ThereaRer Lender may:
<br /> _z' (a)Demand that Trustee exerctsa the POWER OF SALE gra�ted heretn,and Truatee shall thereaRer cauae TNStoPs Inter-
<br /> est In the Property to Ee sold and tha proceeds to be dlstributed,all In lhe manner provlded In the Nebreaka Tnnt Oeeda Ach,
<br />- (b) Exerclse any and all�Ights provlded tor in any of the Loan Inatrume�ta or by law upon occurrence oT any Event oi
<br />-' f' Dofeul�sod °
<br />=;� ,. .� (c)Co�xnence an ecNo�to forecloae thla Qeod of Trust es e mortyepe,appotnt e recelver,or spedticalty enforoe any ot ths
<br /> oovenents hereot.
<br /> ' � No romedy hereln oonterred upon or reserved to Trustee or Lender Is�ntended to be exdusfve ot eoy other remedy herQtn,l�ths Loan
<br /> � ��,;. .; Instruments or by law provided or permftted,but each shall be cumulaUve,shall be tn addltlon to every other remedy plvaf herounder,
<br /> • In the loan Inatrumenta or now o�hereaRer axlaNnp at law or In equlty or by atetute,end may be oxerdaed concurre�ly. Independently
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<br /> ' � 13.Trustw.The Trustee may reslgn at any tlme wllhout cause.end Lender may at any tlme and wlthout cause appoint a sua
<br /> ceaaor or subatltute Tn�atee.Truatee shall not be ttable to any parly,Includlnp without Ilmltatlon Lender,BoROwer, Tmstor or eny pur-
<br /> • dwser of the Property,for any bas or demage unleas due to reckless or wlllful m(soonduct,and ahatt not be requlted to teke eny ecHon -
<br /> - In oonnectbn with the enforoement of thla Deed of T�ust unless Indemnlfled,In wrtlng,far all costs,compensalbn a expenses whfch
<br /> may be assodated therewith.In eddition,Trustee may become a purchaser et eny sate oi the Property Qudk�al or undar the power oi
<br /> eale prented hereln);postpone the aale of all or any portton of tho Property,aa provtded by law;or sell the Propertyes a whole,or in
<br /> separete parcels or late et Tniatae'a dlscretbn.
<br /> 14.FNS und Expsnsn.In the event Trustee est�a the Property by exerclse ot powar nt eale,Truatee shall b�entltled ro�pply
<br /> , I any sele proceeds flrst to payment of all costs end expe�ses of exerclsing power of aele,i�ctuding ell Trustee'e tees,end Lenders and
<br /> Truatee'e attomey'e tees, actually fncurred to extent permltted by applkable lew.In the event Borrower or Trustor ezer+dses any rfpht
<br /> prr,vlded by law to cure en Event ot Default,Lender shall be entltled to recover trom 7nistor all costa and expenses edualty tncumed as
<br /> - � , , a result o1 Trustor's default,tndudln�wltPwut IlmlteUon a11 Trustee's and attomey's feea,to the extent pertnftted by appYcabte law.
<br />_. I 16.Ft�tun Advancas.Upon request of Borrower,Lender may,et Ite optbn, make addlLbnal end future edrences and read• .
<br /> venoer to eorrower.Such edvancea ond readvances,with Interest thereon,shell be aecured by thls Deed of TrusL At no tlme ahaH the
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