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<br /> `.° � ��:ti'f°�:�... 'Pra�tad�9ln cennse�to�vri�condemnatton ar other�Sing of the P�cpe+ty or past ttte�of.ar tor oonveyance in Usic of enndemnaSon �t�
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<br /> _:`�`,t�,�,:.���-r ..�� Lertder sftail bs entfttad at ib ap�on ta wmmortaa.aype�r in end prasecut�In tts ovrri rra�rte any acdon or p�cceedin�,a�shss aiso , `'
<br /> •��,- , . : .:�.` �s enVtlet!ts masa enY compiamtse ar seti[ement in wnneetlon wM su+9�fakin9 ord�age.tn ths even!8ny Porti�n ot the Pco�rty is .:.
<br /> .:`.,,,�� � ..`:;.�. s�taken cr dam a g e d.�.e n Q er s h a l i h a v e t h o a p t t a n I n E b s o'e a n d a b�o 3 u t e d i s a a t t a n,t o a y D N e4 such p�ocseds. aftes deduding ":�Y<�•:
<br /> L,, therefcam aU casts and expensas incutred b1►(t Cn cannectton wfth su�Prcceads.upan anY tndebtedness se�w�sed 4terobY end 1n surh `
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<br /> � . �� �x. o�tte�a:s Lender may detennIn�.or to eyAh►au svch Froceeds.aftar sueh deducdons.oo the resmra�on ot�e Propeny upon sin�mn- t, ``<t
<br /> ;.' � �.`.:.��,.` :,' �'iffan9 as Lender m�f�atet�tiitte.AnS► eDP1IcatloR of Proceeds to'Utdebtednass shai�nQt extand or posf�ons tfie due date of any DaY- -
<br /> �. . mesits uMa�rtlsc�Note.ar aire enY defaidtihereunQer m he�dsr.pinY unaAARed f�r►ds sha116e palA to Tnisbr. �...<
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<br /> • ."�� 8 Per[�tsnanc�by LenQ�ar.ttpan tho aoeumance ct art Event oi Oefauftfiec�e�nder.or tf anyr sd fs ta[cen or tegal proaae�g -
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<br /> .oorr+menced whtch mat�artaliy aRecls Lsnders b�tetest 1n t�e P[opeRy.L�ridsr may tn iis a►vi►discxe�on.but wi�o�abligatton to do so. �,'.;�:;�
<br /> `' �'���� end aritho�noti�to or demend upan Tn�r and wftftap!releasing Tn�stor tcom sny obtlgatIon,dQ any set whicfi Tnist�r has agreed � . •°�.-;
<br /> �..��-^�`" � but fa�edta do and may a�o do any oihec act tt deems necesasN m Pro t e d tl t e se c i u i t y h e r e o f.T�s t o r s h a U.tmme�a t e f y►u D on , , ,.
<br /> '�`-:` �-����,."- , demarut thera5or Dy E.er►de►.pay to Le�ar a�e�ts eaa e�nCes tncurted and sums ex�►ded by Len�tar in connedion vrltt►tl�e ex�r- ':_°*:._-.,•
<br /> n .., E ,Y' ;� Cise by l.end�f at th2r'farBSbjn9 dt.�h�.tngether wfllt irrterest thet�eart at th�Qefauft cate pravtded in the Hote.vfitc'�shaU 6s edded ta �°,� �
<br /> ttu�indebi�ness seaued hereby.Lender si�tl not inau any 6ab�'dy�acause of�f►t�RB K�Y d°or amftto Qn hereunder.
<br /> � �� _. , n.. ,.,...,sa.a►a.�,ucabla taws.ordinattces and te�ut3ttott4 �' ,:
<br /> 9.Hazardous�1Ia-Tecia[s.'rrusmr sr�su is�u�r*�+#r+�:�:�:,,�.......�..--� �_;-
<br /> . ;�� ; '� nelaWg Lo industrf2l hY9tsrte or�emrironme�►tal Protedtoa(cotleatvety referted to hetetn as"�►vUanmental Laws�.TnsOoj STt2�J itesp --
<br /> eta nafemed to hBrefn � =-
<br /> . f ., �;: . , 4he Pm�artY�ae fmm eit�desmed to bs hazandcus or tcztc under�►y Envimnmental taws(caR�veh► �.�,,__
<br /> N .� ..' es:`tiazatdcu3 BS3tOtIa(�'}.Trusflot Dte�ebp warrst�ts and represenb•tof.endet ihat thet�sre no Hamr+dous Mat�eti�!`s on or und9r tfte � _;_
<br /> �� ..�i• .::,U: Property Tnistor hereby agrees to tMemnityr arcd hotd t�armless Lendsr,ib diret�cirs.officers.er�tpbayees mtd agents,snd atry swcossr --
<br /> � ��:,.,� ` sors to Lende�s IrRerest.fram and agatnst any and ali daims.damages.fosses artd liabi6ties ar(sing in connectlon w�ths pcesence. �,J-^
<br /> "�� " use.d�sposai or transpa�t a!any Ha�ous Matertats on.under,trom or about!he Propertyr.TFIE FOREG�tN6 WA4t�AN71ES AND _ _
<br /> . � �,��'�^_�;-�� ►iEpRESENTA710t�IS.1a(dD TRUSTOR'S OBU(iAT[ONS Pl1RSUANT TO THE FOREGO(NtG INDEMNi1Y. SHIUl SURV(YE —�
<br /> ��`�� , �ECOtNE1tAi�tCE O�TIi1S OEEQ OF'!'RUST. , —" _
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<br /> `.��f 1b Assfgnment of Rer�.Tiusmr AerebY assign8 to lender.and granLa tender e securi�l►im�rest iR.eB Pt�ent,�tut+�os a�ed. --- --
<br /> �.• ��4 �,� sRer arising�ents,iss�es end prafita of tha PropeRy.pravided that Tiustot sha4.uistti ihe oxurtence nf an�vent of Detaui�."harsuntta�;� _-.
<br /> r •.�;� have the tigM44 ca4ect and retain such wnts.issues and pasRi�as thay b�aoma due and paYaDte-tfPon U�e accurrence af aa Event ot
<br /> - qefauit,Lendar may.eiNer(n person or by agenL w(th or wiffiout bNnging ar►y ac�[an or proceeding,or by a ieoeiver appointed by a �
<br /> ' .� 'h ceurt and wtDiaut cogatd to tt�e eQequasyi af iis eacuNty.e{�mr upon ans!take pOSSBSSion o4 ti�e PeopeKy.or atql Dart Meis�f.in itP ovrn u.
<br />, . . � �`.,� .s:'.'��.� �ame or in tha name of the 7n�ste�.and do.at►Y atxa whit�it deems neo�sar�►or dssitable to presetva�te vatue.rtlatioBlabUity.or —
<br /> ..... ,.'. �eniabII'�ty of tha Prope�ty.ar arry pait ther�oi or Interas!thsrein.ar ta incxease ths tncome 4herefiram or protect tha se�rityr hereaf 8nd. ��'�"
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<br /> ' ;:• � • .,, with or wt�out taWng possasston of the Pmperty.sue for ar othen�tse co4er�the reMs.tssues artd praflts there o f.t n�9 those past .��:�-
<br /> due end unp2id.bf►ncti�in9 tenactts to malcre paymenta to Lende�.Lender may►�RD�Y�b,issues and prafib.le�s ocsSs and ex�at►s' �'': -,`
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<br /> , a!1 tn s�sch�tder ss Lender may deter-
<br /> - --- es of e:teratlen and co4ecNon tnctudtng attomella fees►to an!►tr�daDtedness sewr+ad hereby. ��� �;
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<br /> ' `� ``:� mine.The entedng upon art�•hatdng Oa��ton ot the Properfy.ihe oaltecHon ot sueh cerAS.�ues arid p�fits.anQ U�e�A�on �=
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<br /> '' ��.n,' thereaf as aforesatd shatt not cure ar waive any deTatdt or noUt�of default hereunder or frnaIIdate ar►y ad done in response to sscd� � ____
<br /> � Qefauit ct pt�uant to suc�no�ce ot Qefauit and.noiwithstanding tha contlnuance te possesston af the�rcapevty or 4he colle�ton, :�;�.�-
<br /> w�w.�.
<br /> :;�:;.F,�`:" : � �;.. . ree�eipt and appitcaUon of�r�,�ssues ar prafifs,Tn�steB and Lendet shatl ba entitled tm�ott�se every�fght p�mrided for in a►ry af the . - -
<br /> :;>.`F-: `'� I.�oan tnsWments or by tgw u�occurtence of any Erent of Oefauit,inctuding wi4hout ,E~��on ttte right to exerdse d►e Powet of sate- _�..
<br /> :-. •�:'�%�;�. :• ..' Furthet.Lender's rtghts and remedies ander this paragraph shall ha cumufative wfth.and u�no way a Ilm3taBon on.LertQers dghts and ,��°M_-
<br /> � � re►iredtes�mder airy assignment ot teasas and�ents ceoorQed against the PmpeRy.Lender.Tiustee and t�e recehrer shali be liabte to ��.
<br /> ` accauntonlytafthosarentsacwaliyrraceived. . ' ��
<br /> • �� °'� t1.Evants of Qetanit.Tho foifawing sl�a0 canstltufe an E+►ent M Oefault wMer Ws Oead of Tcast , �_
<br /> � . (a)Failure to psry any inslaltmant of princ�pal or interest or a�ry other&um secu�d hereby wRan due; . �:
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<br />--;• °�°.. `. �.: . . (b)A breach ot or 6efault under eny provfsion contatned'm the Note.this.Deed o'Fltust.enq ot YYt�se l.osn t�tiuments.or er�y ��_.
<br /> � � � � other lien or encumbranae upon tha Rroperty: . �-�•�•
<br /> ' :� (e)A wrtt of execuUon or attacfirteent or any simitar pmcess shafl be entered against TrusTar whic�shatl beeeme a lien on �_�:_
<br /> � � . the PrapeRy.or any pordorr thereot or[ntere�.!tl�eretn; .. '�=�
<br /> � •��� � , � (�There shall be fited by or against Tn�stor ar Borrower an aGton under arry pr�sant or future federal.st�mr other statute. N,��-�:
<br /> ' ., ';:.t..•, . `="-_--
<br /> i• i•���:�, •. taw or regufaUon rel3Ung to ban!vuptcy.tnsoNoncy or other[ellei tor deEt�ra:or G'hc�'o chaU be appointe�arty trustee.recatver or __
<br /> -� - ' • , � i1qulAator af Trustar or Bortawer or af ail or arry paR af the ProDe�.ar 6�e cents,issuss ot pcoftts thereoL or TfusWr ar Borrnvrer � __-__
<br /> � � .sha[I make any general asslgr�ment tor the banefit af cred(tars: � . --
<br /> � , " .,, ;' �� (e)�h�saie.�transfer,tease,asstgnmenf,oonveyance or�enwmb�ance ot a11 or a-r�part af ar any interost in tl�s
<br /> : • Prope�Ey.either votur.i�Jy or trnotuntarHy.wtthout tt►e express v Y S b�:�aonse r�t a t Len der,pra�ed that Tn�wr shatl ba permit �_ _
<br /> ��'• :.�` � ted to e�cecute a leasa o�4he Proparty that does not eonmin an opQan to purc�ase and the te►m otwhicb dc�,a r�ot exceed ons
<br /> • +� .-
<br /> � � year, � .
<br /> (��znQonment otthe Propetty:or "
<br /> • (g4 H T�r is noi an Indivtdua4.fhe tssuanoe.ea�e,transfer.assignment,convayance or ec4cumbrance�ot more than(H e =
<br /> � corpora�n�a totat o! percent ot its issued and ou6�idlrtg sWck,or(H a paR�shipj a total oi per:
<br /> � ._.:
<br /> ' " � cent oi partnership interesffi„a(it a Qmited Uabllity compar�e totai ot Oercerrt of th9 Qmtted Ilabllity comps- �.�'�;•`
<br /> � . �ry intetests or voBng dghtsduring the petlod fhfs Deed oiTrust remains a Ifen an the properly. '�
<br /> - • . 12.Remedtes;A�cotora4loa O�on De9autt In the evant ot any Everd oi Deia�`t Lender may.wlthoai not�a exc�pt es re4uhed �•�'� �;
<br /> . ' by law de c t a r e a t i i n d e b t e d n e s s a e c u re d h e r e b y t�b a d u e a n d p a y a b i s e n 0 the same shatl thereu p on 6ec4me due and payabte v�itta
<br /> - eut any presentmen�deman0.protest or noUce af any ktn0.1'hereafter L�c�er may. �
<br />�'-' � .'� (a)Oemand that Trustee exercise the POWER OF SALE grar.:zr!herein.an0 Trustea sh�C�ereaRer cause Ttustofs in0er• -�.,
<br /> .4.., •
<br /> � est In t�e Properry to be sold and the pmceeds to ba distributed.all tn the manner provldeA tn ths Nebraska Tnsst OeeQs Ack _
<br /> � . .:, • � (b)Exercise any and att righb praviQed for in any oi tha loan tnatruments or by 18w upon accu�r�o aT any Event ot• ':
<br /> ;�, ';:' ' Oefaut�and
<br />�:v :� � ' (c)Commence an actlon to forectose this�eed ot T�ust as a moRgage,appoint e reaeivar.or s�aciftcalry erKorce arry ot the r;. .
<br />�_° � . eovensr,ts he�eoi .
<br />'� ' '°� •� � No remedy hc�wnferred upon ar reserved to Truste0 or Lertdor Is trtisnded to be exctustve ut arr�+r,�er remedy t+erein,in the Loa�► .
<br /> � InsWments oi by law provMed or perm�ted,but eaet�shall be eumutafive,shail be tn addiUon to every,other remedy gtven hereurtder, .
<br /> • � in the Loan fnstrurt�ents or now or hereaRer existing et taw or in equtty or by statute.an0 may be exerClsed concumntly,indepertdenttyl ..
<br /> � ' . � or succostvety.
<br />=- � , � : ,. 13.Truate�.The Trustee may resign al any qme without cause,and LenQer may at any Ume end without cause appolnt e sur�
<br /> � � cessor or substitu4e Trostee.Trustee shatt not be fiabte to any party.lnduding withnut NmStaUon Lender,Borrower.Trustor or erty Dur• ,
<br /> � • chaser oithe Property.for any toss or damage unles9 due tn recktess or wiliful misconduct,end sha11 not Ae required to tske any aCtibn � r.'
<br /> � in connec8an vrith the enforcement of this OeeO of Tnist uniess irtdemnifted,in wr4Ung,tor all cests,campensatlon or oxpenses wht�t� •
<br /> ' • ' � may be essaciatad therewilh.In sdditlon,Trustee may become e purcttaser at any sate oi the Property Qudldat or under the power of
<br /> . � ' safe granted herein);pos�one the sale of all or any poWon of tha Pra�Ry,as Orovided by lavr.or seil the Properiy a�a vfiols,or in ,
<br /> _;�' .. � � •' �. separate parcets ot lots at Trustee's dlsaeUon. �
<br /> � 14.Fesa and�ponsos.tn the event Trusfse setts the Property by�xercise ot po��rer of safe.TNStee shail be entiUed to apply
<br /> '' ' � eny sate proceeds flrst to paym0nt of all oosb and expenses of e�c�rclsing power o!sate.Mduding ail trustee's feas.and Lendars and
<br />_. ' • � •;_ Trusfea's attomeys fees. ach�a!!y incurred to extent pertnitted Dy appticabte law.fn the event Borrower or Trustnr exet�clses any dght
<br /> • � � • • provided by taw W cure an Event aT Defauit,Lender sha11 b8 entiUed to recovet fram Trustof alt oosts and oxpenses actr�alty incurred as
<br /> � • � �resWt at Trustor's defaWt,inctuding without limitation all Trustee's and agomey's fees,to the extent pertniited by appiicabte taw.
<br /> � � �; � 15.Futuro Advances.Upon request of Bortov�er,Lender mey.at its opUon,make addiUonal end future advances and read- :
<br /> - ._ . vancqs to Bortower.Sucf�aciven�end rea6rrances.�:+itl�irdEr�i tt�reast�s�alt hs s�cure�hS►this�eet1 c�f Trust.A!no tlme shail ttte _--
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