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<br /> - •�._�:;. __ti° _ . � . ��,g oitt►e PropertY as part thareaf.or tor con yan����naSan. _ —t
<br /> �,_.'.,' � . :; '9�roeasds7 tn acnnedton 4�tih coMar�►atlan ar ott� � ,;;,.
<br /> .4.;. 'i 4 LenQar shati ba er�it��et Fts optton h��cmman���FPsar tn and P:ossa�tn�s awn n3me ai►y sctto:+or pr�oe�dirtgr�and sha0 e!so
<br /> t�enh�ted to maks ai►It oompramLse or s9ffieinent tn ocnner�ton wi�eurfi�in9 or+�ama9a tn ths everrt as�y portFort o!the PcopeRy is � <�`
<br /> .µ..��",� �--��;' :" so t�Ren or dema8sd.tender sfiall[�ve ti�e op�i tn tts sa'e e�d aDsolbOa mscreQon.to eOPN aD sud►Praaead� af�r dedue�ln9 - _ r •,;.
<br /> ' � ` B�ere&vm�;1 oosts end exPonses Uicumed bY.tt in aennr�dfon v�th sut�Pmaesd9.upon enY indabLedness seaued t►ereDy n su�ao� �
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<br /> . �°:-'� �'�,,° :�. arder as Lend�r may 6atarmUe.or to e,9G��E1 t�Pnooeeds�a8ar such dedu�tfar+s.to the cesWraUon o4 tha Propem/ctDo t� `` .
<br /> dtfians fls Les�der may dabc[nlna•AnY•�Ucatton�t Proc�eds m indgOt2Qness ehaU�not excsnd er Qastpane�ra dua dat�oi enY pai►'- ' �
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<br />. �., � :�<, � marns unQer Gie Nat�.ars�re anN dsta�t thereurtdst oi hereunder.My unappitea tuzi d s�fi a U De p a l d t�T n i s t o r. . <_ ,_ •:
<br /> • `' •��•k�.• 8.Ra=rE�ttnan�o�y!�n$�r.Upan the oca7rr+aaoe of 8A Event of Osfauft hereundef or it�ny ed is taken or tegal pro�ng
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<br /> oommenced vAtidi matedally affecb Lendets tntecest tn the PcoDerh►.Lender mfly in iffi awn�saotion.Qu!with�t obllgatlo»ta�8o so.
<br /> ��,...,��•` ..'�" , anA��+tihctit nalce ta ar dsm.and s�aa Tn�stor aad v�thou!taleas�g Tnf�tar{Fom sny dbttga8cn.do enY eat�vhldt Trtcster has egroed �!�:;. ':
<br /> .�_._�' '�_: but taUed to da end rnay e3so dfl a�t ather ac1(t d�ems necessaN do D�the securifi�r hereof.Trustor et��.immeddatety upon --,
<br /> £ ._- -� �a�,..,u�i.��v m E erat�i att�ts�nd�3�asr�Q t�ssg�s e�eadeA tiIl lenAer im m�na�3tan�rrith the exer- � -
<br /> ... _.._
<br /> ,,% � `s �. ��-` dse bY lender af the faregatng righb•�8e'iher wkh tnierest thereon at tha defautt rat�prov�ffe0 tn E�e nrote.wid�si���� -` ,:,_,-
<br /> . ' :-,;.F ths indeb�dn�s sgcurod.[tereby.EetFder�Matlnat tncur amt t�abiflty because o1 er►�Rh�ng It may do or omtt ta do hereundas. �:,���•.
<br /> : , _•��..,:"�`;,� , 9.?��sardaus Nta4erlais.Tn�stor et�afl keeA the PioPg�f/in eomptiance with a11 appiIcaDis tavls.ocd'mances and e�gutattons ----Y
<br /> , . relatin a M tndw�ttial trygten9 or�nvironmet�t�t proUec�on(collecQiveh►refemed fo h6�ein:as'Envimntrtentai I�xs°!.Trustor sfiail keeD � .
<br /> ' - � the Pcnperty hee irom eU svbstances deeme d W bs h az e i dous a:t o x k u n d e r a n y E n v i ro m n e�1 L e v�s(c o l t e c ti v e i�►r e f e t i e d�t4 iierein f, �.
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<br /> as`H�r�dous Matertals�?.Tnisicr hsreDy uuar�ard�end represents t�t,ender tlrat ther�ar�no Hazand4us Mafetiais an ar ttnder Yhe �
<br /> . - property.T�tor heretry a�ees b indemnify and hoid hanntess lender;its dir+ecmrs.�Eficers.employees and agei�,and any succes- F ��
<br /> . � sora to Lendefs tn0ere�t,hom and against any and aJl clatms.damaSes.lcsses and BabiGUes adstng im m�nmr�fln with ffie presence� �:�,
<br /> � �' • use.d'uposal or.bansport of arry Ha�andous Materiats on.under,from or atsout the Ptopefty.THE FOREGOIKC;yIIARRANTIES At�iD � `..
<br /> '`�"'�,�4 ��'' ':, '.�,.:� ' REPRESENTATIQN3,AND TRUSTOR'S OBI.IGA'f10N5 PURSUMit TO THE FOliEGdtNt31NDEMNITY,SlIAI.L SURVNE' �
<br /> RECCIM/EYMtCE OF TtilS OE�D�F TI3UST. . ' , �; r :r
<br /> ° � t0.Asstgnmen!af Ret�ta.fnis0or heraby assi�s to lender.and grants LenQer a securtty tnterest tn,afl presem.fulure and � ,
<br /> , �;,�. sftef arisfig c�ent�„issues and pmfits ag the Pcoperry;provided that TnisOor shatt,until the oaairtence of an.Event of Oefauit,here�mQer, �
<br /> � �.�. .;,'. .; . , 'hava ths flght m calt�a sn�t�t�t su�!t�.ts��d pmn����►��e�tte and payable.Upon the aaxurerue of�n Event of � _�
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<br /> _..�:.�:_..�::::.�� �afaul�Lende�may.either fn p�tsan ar by agent,witf►at withou!bdnging any aGion or prooeeding.or by a reeeivet_appofited by a �"` r._�
<br /> ,onurt and wiihaut regard tn the 8dequacy ot tis.seamly.e�r npon and take possession af the Pr+oAeRI►.or any part thereo�tn iis awn `;:::...
<br /> ,r��:��`. � � nartte ar in tl��nam�of tAe Tn,stes.and da any ads which it deems rrecessatfl or desUabid to preserv9 ttre vahre.msrttetabif►ty ot �-�.
<br /> . . , :•.' ,� �sntahiU'ty oi the Progerty.or any part tAer�of or innerest therefn.ar W inaeasa th�(ncome therefrom er profed�he sac�rity hereof and.
<br /> ��:,�'•-`
<br /> .:"'�,` , , with or witP►auct8king possession of the Propeny.sus fer or otherzvise colieet ths ret�s.tssues and praflts thereof,fnduding thoso paSt �J _f_.
<br /> ' ` � Que and.unpaid.by_notifytn9 tenants t+o maka p�YR►ents tn LenQet.Lender maY aPDty rents,issues and profds.tess wsts and expens- • � .;
<br /> '. . es of opera�on anQ cn�ec�ton in�duQfig attoaneys tees.ta any i�debtedness secured hereby.atl tn such otder Ss I.ender may deter- � , -
<br /> t'd
<br /> � mlrte.TA0 eMedng upon and taldng possessien of tha Properly.the coilectlon ct�such rents.issues erM profits.end the eppiii�tlon , �.z,�;;-
<br /> . � tltereot as alirore�id shaD not cure or walve any defat�it or notice of deiault hereunder or imraliAat�arry a�t Eorte In tespcnse to sucta m
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<br />- '`'�' defauft or pursuant tn such no�ce oi detau�t an0.notwitf�standing tlie wnfi�uance in passession ot ths proAertY c►fha coUedion, ����
<br /> . ���1:'>'�.,� .:�. � receipt and appllcaUon af renis.iss�.s or prnfits.Tn�stee and Lender sha11 be antiUed to execdse 6very d91n Pravided far im m�y at the __-
<br /> r : , lAan fnshuments�t pY►auu upon occurrence of arq�Event af DafauR,includtng w(lhoat Iimlfatlon the dght W exencisa the powar W sate. � -��'
<br /> � � Furtlier,LenQer's dghis and remedies urtder�t�is paragreph sha0 6a cumutattve with,and In nc way a IimttaUon on,Lenders�igftts and
<br /> � � �emedtes under any assfgnmerrt af teases and ceNis recarded against the Property.Lencler.Tnistee and the receiver shall.be liabte to � '�
<br />-_ ' ; . • .� accountonfyfarthoserentsaebually�ecetved. �`,'.�.'
<br /> , .: :., .., ,,. . ��.:�
<br /> • 11.�vents o7�sfautA'�h0 fariawing shalt consUrirte an£vent of Default under th9s QeeQ ot Tn�st: .£� ,,:_
<br /> _ �•. . ';" ' (aj Fatture m pay any instaflment of pdnclpai qr Interest or arry other sum secured here�y when due;. • �. —
<br /> � ,.� (b)A breach of or deteuft under any provision contatned In the[�ote,thts Deed of Tmst,ar►y of the Loan irtstrumenb,ot any .
<br /> .�.�� other lien or 8ncumbrance upon the P�operty. �,���,:.
<br /> (c)A wrSt of exeartton or attachrttant or any slmilar proc�sss shafl Da entered against Trustor which shati�be�me a Ihan on . �_�J_
<br /> ' � � the Propecty ar arry portlon t}�ereot ar interest therein;
<br /> '` �`'�� (4)There$hail be fited by or againsl Tcusror or Borraw�r an action unde�a�ry presant or tuture federat,S�BLB Of OthBt StBhlt@, � _-
<br /> � � Caw or reaulailon celaUng to baniauptcy.lnsofvency or ot3n�reliat for dehtqrs:or tfiere sha0 b�appointed any tnastea.recelver nr _.:,,,�„
<br /> � Itquklator af Tmstor ot Sorrower or oY alt ar any part oi the ProAe►tY.or tne rents,Issues or profits thereal,or T�s�T�Borcawar � -_
<br /> -- � � ' shail make ary general assignment for t�a�enefit o1 credEtots: . , . � • _-_ ;�
<br /> �. •• .�',.. • (e�The�a.transter,'lease,assign�ic.��cornayance or fuMBr er',�nribranc9 ot�att or any paA ot ar arry interest in @�� . � -
<br /> ' PropeRy,elther votuntarily or ipvoluntarfly.without the oxpress wrltten wrtseM ot Lender:provlded Uat Trustor shatl be pertnit . ��
<br />� ( ` � ted to exepite a fease of the PmpeRy f�at daes not conta(n an optlon W purchas��+d 1he term bt which does not�xceed one - �;_�:.�;
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<br /> . • •. �ar . _
<br /> ` , . � (�AbandonmeM ot the PaspeRy:ar ' ��_•.:
<br /> �. � � (g)H Trus:or is not an individual.the issuance,sate.transfer,assl�merrt,cronveyance or encumbrance of more than(if.a --
<br />" � . •' �', _ carporaUon)s toYal oT peraa'.3 ai its issued and outstan�ng siock.ar(ii a DaMership)0 total dt Pet- ��_.:'_.
<br /> � ; � cent of paRnership interests,or pt a lim;ted itab(lity oompany)a total oi � percent of the Iimited Habililyt compa- � -
<br /> • • �interests orvotJng dghp during the pe�iotl this Oeed of Trost rema3na a lien on trie propeAy. �y.
<br />_ '. . . � 12.RemeBisss;Qicooteretlon Upon OefaulL tn the event of any Event ot Defauti Lendor cnay.u+�fithout naUce exoept as�equUed :'�;,.!
<br /> . by tavi,dedare a11 indebtedness secured hereby to be due and payable and tha same s ha U t h ereupon beaoma Qua and pa y a bte wiUe-
<br /> . ,.'.� out arry preserdmenR demand,protest er nottce ot any kind.TRereafter Lender may:
<br /> '',.; ,, :�, (a)Oemand that Tnistea exerctse the POWER OF SALE granted herein,and Trustoe shail th�seaftar c�use Tnisto�s tnter-
<br /> est in the PropoRy b be sotd and the proceeds to be dl9Uibute�,atl in the manner provided in tha Nebraske Ynut Oeeds Act;
<br /> _ .;'� .• • (b)Euercise eny an0 all Hghts provided for tn any o!the Loan tnaWments or by iaw upon occurtencs oi any Event ot
<br /> =,�.:, Qafeui�8nd
<br /> ��� �•• •. - (e)Commenee an actlon to toreetose this Oeed oi Tnut as a mortgage.appoint a receivar.or speciflcaRy enforee arry of the •.,,
<br /> ... cavenants�ereoL
<br /> - • � Nn remedy herein c,ror�erred upen or resenred to Trustee or LenQer Is intea�ed to be excluslve ot any other remedy herein,in the loan . :
<br /> � � tnstruments or by lav�provlded or permitted.but each shafl be cumutative.shall be In addiUon to every other remedy given her�wnder. .
<br /> � irt tho I.oan Insbuments or now ar hereafter e�sUng at taw or in equlry or by statute and may!se exercised cancurtentiy.independontty •
<br /> . . or suoceslvety. .
<br /> �' � 13.TrusSoe.7he Trustes may resign et any Ume without cause,and Lender may at eny Ume and without wuse appolnt a suc- •
<br /> � � � � oassor or substltuta Trustee.Trusteo shail not be liabta to any party,Inctuding vhthout limitatton Lender,Bntrav�er.Tn�stor ar eny pLF .�
<br /> •� • chasar ot the Ptoperty,for eny�oss or Qamage unless due to recktess or v�111M miscanduct,and shalt not be ret�uUed tn take any aattarl •
<br /> � � in oonnectton with the entorcement oi this Oeed o!Trust unless indamnified,(n uvriUng,for ell costs,compensation or expenses whlch
<br /> � � may ba assoGated therewith.fn additlon,Trustee may beccme a purchaser at any sale of tho PropeRy(judicial or under the power ot , .
<br /> � : sate grante0 herein};postpone the sate ot etl or any poRlnn of tho Property,as proviQed by taw;or sell the Property as a whoto.of in
<br /> • sepatate Dar�is or tots at Trustee's discretFo�.
<br /> ' 14.Fees and Exponsss.In the event Trustee seUs the Proporty by exerGse of povrer ot sate.Trustee shatl be entitteQ to appty
<br /> any sale proceeds first to payment o!all costs and eicpensea o1 exercising power of sale,inciuding afl Trustee's tees.and Lenders and .
<br /> ' - � ' . Trustee s attomeys tees, actualty lncurced to extent pertnitted by epplicabte taw.tn tha event Borrower or Tnistor exercises any dght .
<br /> ' provlded by taw to curo an Event of befautt,lender shall be entiUed to recover from Tn�sler alf[�osis end expenses actuaity incurred as
<br /> � � a result of Trustofs default,including without limitation all Trustee's and attome�s fees,to the extent partni�ed Dy applicaDte Iaw.
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<br /> '�� 15.Future Advancsa Upon request ot 6orro�er.Lender may,at its opUon,make addihonal and f�ture advances and read-
<br /> � _ ----. '- '
<br /> . � vances to 9orcower.Such aQvances and reaQvances,with interest tnereon.Shaii i78 SECUrBa by titis i}E�G 4L�iU5L 113 tifi 8Fii8 blt3Bl�i3 -',-
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