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<br /> � �` ' ` ' ' �`F�aca�ds")In Qonnecttan v,rtt!►�ndemn3ticn or ather tatdng af tho ProQ�trt�t ar patt tAereoi.cr tar eomeyartp U ifeu af condemnaUon. , �'��'
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<br /> . �. �.enQer ah�1!6a an7ltl@�et fts apttcn t�apunmen�.eppem in ertd prase�cte In fb o�rm nama any estloa ar proceedtngs.artd shalt aisa .. �
<br /> ,' ��`.�� �;:, , : , Bs er�tUed t4 mahg eny wrnpromts�or Ee�t�ment in oonneetion mM suoh tektng or QaQ►aga tn tha evetrt�Y D�n af the PnapeRy ia � ���.�},.:,,��.
<br /> .. . _�` so taicep or QamagaQ.Lepder shaQ haoe ths op�air t�r t��aSe ers4 eb3dute dtsa�tian.to-aDDN all suc�►p�eds sfter.dedu�ding -` •=:
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<br /> �. . ,�;` ;`..,�.';�-f` �i�etrom att aosts and @�$nses inc�e0�y ft tn connedton�dth su�►Pre�ee�s.upan any tndebtednass seaued hereDy and fn s� ��_ �
<br /> _ .� ` ordsr as I.ender may detertntns.or to agary ati sut�F�oceeds.sftar sud�deductFans,to th�resm�ra�on ot ths Property upo�sa��n- ..�
<br /> , ,. , d'dicrts as lsnder anay det�rmine. IIcatdon ot Pncceeds to irtdehtedness shall not exten�or PostAane the due date af ergt Dsff- :'�•i`::
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<br /> . � �merts�ur.der fhe Nofs.or cure eny dsfautt fhereurtder or he�eimQer.My�resppQeQ Nnda shafl bs paid t�7rustar. ;^
<br /> a p�ul�rtee hv Eendnr.Unan the oc�rtence of�Ev8[d oi QeFa�Bt hoceunder.or ff any act is tehen pr tegal proceeding � ,�
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<br /> - . . . oommBttGed whidl mafesidQy SReCts Lendet's intsteSt in the l�opsrty.leltdet cnay m[�owrs mstaenOn.oui wiiimt,t�nm ivuv�cs. —
<br /> _-,.,,,'.�� and vuitltaut notIoe ta or demand upon Tn�r artd witlsout rateasin$Trustor frorn any abtigai�on,�a eny as�whfch Tius�or has agneed
<br /> •• but faited�do an�may ais�do any ott�er act it Qeems nesessary to pmted the sec�uity hereof.TrtLStor shaU.immedtatety upan `
<br /> � demand tl►sretar by Lender.{aaY to Lendas a11 costs and expe.n4es inaured and sums exPertded by Lender in coreiecHon wifi�the m�r- �'•_:-
<br /> *..� cise.b3►�.endBr af thg.to�egcir�9 d9his.tagether wfth interest the�on at the defauftrate provided tn the Nate.wNt�shaU ba added to ;;:`�:
<br /> _ . `: ,,�,�;.:�;,�� Ne indebtedness seaired hereby.Le�er shaU rtot inwr arry QabitRy 6e�use of anything It may do or amit Oa Qo hereunder. .`,fi�yu
<br /> • ` 8.Hasardous P�ateriats.T�r sftall ksep ihe PropeRy f�com�IIant�with a9 appEcabls fa�s,atdittances and teg�attans .':
<br /> . . • �+elating m Indushial hygiene�ot em�fronmerttaS protecti�n(oollectlyety teFerted to hetein as'EnvWnmer�al taws�.Trustor shall[cesp _=_`���T_'
<br /> :• `:-,� ' �e Proget4yt fr+ee ftcm af!sahst�nces deemed to be haza►dous or toxic wqdar any Environmental l,aws(aaIIecB�taly rafetred tn hereU - _�
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<br />- . � a� ^��,��,f� •as'Hazardcus Matertais°)..Trustor f�erehy uir8rants arc�represent�io Lender Brat in�re are no Hazardnc�s Materiais an or�mder the� t
<br />�-.,.�`. ,. `d •,*# Property.Tn�sior,herebK agrees to indemnify and hotd hartn2e�lender.its directors.aftfaers.empioyees srid agertts.artd&ny sucoes- ?f.-�—�
<br /> 4 •`� sors to Ler[defs firterest.finm and agatnst any and aA daims.damagas,tasses and GabII'dIes arising in oonnecUon with the presence. � �. -
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<br /> ' °��� use,d�sposal or transport of any Hazaridous'Materia►s on,under.from or about ihe fioperty.THE FO[iEGO1NG WARRANTIES AND � '
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<br /> • ' �`.���:� :;;• REPRESENTATIONS.AND TRUSTOR'S OBUGATtONS PURSUANT TO THE FOREGOtNG INDEMNITY.SHAi.I SURVNE �{'°
<br /> . RECOMlEYAA[CE OF THlS OEED OF TRt1Sf. Y� {��
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<br /> � A 10.Asstgmnent o!Renta Trustar hereby as.slgns to lender,end�arrts Lender a securiry tntec�est in.aU prese�.tstdue artd ,. `
<br /> .� �� after atising ter�SS.tssues and profi�s of tPte Proparcy:pr�rtded that TiusOor sha0.unh7 the ac�cutrence of an Event of Qefaul�hereunder.
<br /> . . �' _� have the dght Oo cottect and retain stich rents.lssues and prafits as thay became Que and payahla.klpos�tha ocatrenae of an EveM ai �` '�;� :
<br /> :�;�,`�`; `` qeFauit,Lender may.eithher in person or by agent,with or w+�hout bdnging eny action or praceed�srg,or Sy a recehrer appaTnted 6y a
<br /> :: �. ,'f� caurtand wi-�ut negard to the aQequsey oi its sscur�ry,enter t�pon andL•ake passesslan of tDe P�dY.or ar►Y Part tl�ereof.in r'�s own � � ,_;
<br /> � '`?i name or in tha name of the Yn�stae.artd do any ads which i#c(eer�w nsoessa�►ar destrabla hi�eseive the vatue.mar�stahiTity oi , r ,�, .
<br /> , t � `'' :: re[t f a b Ai t y o f t h�P r u p e r t y.�a n q p a r t t h e r e a f o r t n t e r e s t t h e re i n.o r t o i n c r e a s s t h e i r�t�o m e M e r e f ro m o r p ro t e d t h e s e c u r i t y hereof an d. � -
<br /> •. � `� :`��; w i t h or w(t hout tetda g po�sion of the P m pe R y.sus for or oihenarise caSt�the �s,t�and profits thereot.indu�tng tnase past � _
<br /> r �''' ` ' � due an0 unpald.by no�fytng�nants to ma'se payments.ta Lendar.Lera�er may appty�ems,issues a n d pro fi t s,tess c o s t s an d e x pen�
<br /> .r. ,.,::�,-�,.:y�„�;: es of operatio�n and collectlon induding 2ttameys fees.to an indeb�ess secur+ed hereby.all 1n such ader as Lender may deter: `'`��u'�
<br /> T'°` ` ` `, mine.The et�tertn9 upon and taking poss�sslan of the PropeRy.theco3`aectlon ot such rents.issues and profits�a�d ihe apg5�Ca6o� F .��y
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<br />_��� 1 • thereof as afaresaid shail not cure or waive any defau0i or notica af default heteurr�t�r o►tnvaltdate arry act dtwos in[es�onse to such .':_}±,;;•
<br /> ` ��� ��.:, defautt'or pu[suant tu sud�no�ce of defau(t and,noiwithstanding ihe co�inuan��n possesston of the pr�aty or fhe coQectlon, �-
<br /> .-,,: � reCeipt artd appiicatfon af renLs.i�tes or Rrofits.T[ustee and Lendec shal!be e�iUed to exerdsa every�ight provtQed for In any of the � _�:r;
<br /> '�. , Loan Instrumerns or by law upan occurrencs oi any Event oi Refau[t,inciading without timitation tt�v dght to exesrdse the p�r of sate. '-=�=�
<br /> , -``� • '�` Eurther,Lenders rights and r�mediss unQar this paragrapb sha0 be aunulativve w(th.and in no way a limita�on on.LendePs d�ts and —���°'.
<br /> - •. � � •��; cemedies.under any assigRment ot teases and rents re�orded against the Rroperly.LenQer.Tmstee and the receiver shall6e liahte to =�:'"�M`�
<br /> • �� aa�unt ontytorthose rents actually received. ��=�--�
<br /> � •f,? 11.EveNs ot Getault TAe bitawing snal l canstitute an Event of Oefautt unAer this Desd of Trus� �`_-"�
<br /> (a)Faiture to pay any insta(tment o}pdncipai or irrterest ar any other sum secured herehy when due; �===`�'�°-=
<br /> � • .. ;? (b)A breach ot ar defeutt under any provisfon contains0 in the Nots,tfils Desd of Tcusk any of the Lnan tnstnmcnf�,or any �as��=•
<br /> • .. � other tlen or encumbrance upon the P�oAeriy; � � -
<br /> • � (c)A writ oi executlon or attachment or any simitar prooess shail D0 entered against Tnistor which sha116aaome a Ren on -_
<br /> � ' � : • . . Ne Prcaerty cr eny portian fhereoi or interest therein; - ,:_;.��+�
<br /> � ' (d)There sha11 be filed by or against Tnistor or Borr6war an acttqn urtder any present or future federal.staLa ar o�trer shat�ts. :��_
<br /> , . � taw or regutatlon relaUng W banfwptcyr,insoRrency or oNer reliet tor Qsbtwa;or tlfere shall be appointed at►y trusteo.reoeNer or r -�--
<br /> �� • � Ilquldator ot Trusior or Bortowar or of a11 or any paR ot the Property,or the cnnts,issues or profits thereoL or 7�ustor pr Borro�,ver ; ,i_-:•�
<br /> ; ._ >:�.;�� : sh�!!maice arry�enerat assiflr�rnent fer th�bensfitoi creditors;• ' `` A�-
<br />_ . , � 3. . (e)The saie.transfer,lease,assignment,conveyanoa or further encumbrance of all or any part ot oe mry ir�terest tn Ure
<br /> . . Ptoperty.either vatuntar(ty or tnvotuntanly.wtttfout the express written consent of t..ender,p�ovlded that Tntsio►sha(1 be pertnit ___
<br /> ' '� ted to execwte a tease ot fhe Property that does not aontain an opUon to pur�hase and the tertn ot wNc�does nat exaeed one "'�
<br />__ • '-� ye2f; � . _�—
<br /> . • (iy Abandonment iof fhe PropeRy;or ;�=
<br /> L •��.,. • ' (gj tt trustor is aot an individual.the issuance,sale,trartsfer.assignment,conveyartce or encumbranoe of more than('d a �,�
<br />�'�� oorporaUon)a Wtal oi percent ot its issusd and o�tstanding stock,or(H a parfiership)e tatat oi per- . • .:_
<br />°`! .: �, ;., ..' � ' cent o! partnership interests.4r((f a limited Itability compan»a total o! pereent ot the Gmtted Ilability wmpa- rfi�
<br /> •� � ! ny interests or�roUng dgfits QurUg the pertod thfs Deed ot Trust renta►ns a lien on the properiy. � � � -
<br /> ' '• 12.Remedles;Aceelerallon lJpon Oefault In the evettt ot any Event o!Default Lender m�ay.withoul noUce except as required . � -
<br /> - , � , . ' ; by Iaw.dectare all indebtedness secured hetoby to ba du0 and payab►a and the same shall thereupon become due and Dayabte with- �`r.
<br />•;,• � . out any presentment,demand,protest or noUca oi any Wnd.Thereafter Lender may: � "�°'
<br /> � � , �(a)Oemand that Trustee exercise the PaIAIER�OF SALE granted herein.and Trustee shall thereaftercaussTrustora.inler• -
<br /> , ._ est in the Property to be sotd and the prooeeds to be distribute0,atl(n the mas�ner provided in the Nebraska'�rust Oeeds Act;
<br /> � � (b)ExerGse any and ail�ights proviQed for in any o!the Laan Instruments or by faw upon oa,urrence ot any Event of • �
<br /> ��y� . Oefau(x and
<br /> �� ' (c)Commence an acUon to forectose thls Qeed oi T�ust as a mortgage,appoint a receiver,or speciflpity enforce any ot the "'�
<br /> �"s.��:� ' covenants hereot . -•
<br /> �� � No remedy herein confeRed upon or resenred to Trustee or Lender is intended to ba excluslva oi eny other remedy hereln.in the loan
<br /> � � InsWmenb or by law provlded or permitted,but each shall be cumNative,shall be in addiUon to every other remedy given hereunder. • �
<br /> . .. in the Loan tnstrumenb or now or hereafter exlsUng at law or in equiry or by statute,anA may be exercised concurcently.inQependenUy , �,.• •
<br /> ; � or suocesively. •
<br /> : • ' 13.Tntstee.The Trustee may resign at any Uma without cause,and Lender may at eny Ume end without cause appoint a sua
<br />'`�� � cessor or subsUtute Trustee.Trustee shall not be Itabta to any party,inciud(ng without Ilmitation Lender.BO�war,trustar or a�y pur-
<br /> ,�•-; •�� '. ,. , chaser ot the Property.tor any loss or damage unless due tn recktess or willtul misconduct,and shall not be requlred to fake any aCNon •
<br /> ` . in connedlon arith the enforcement ot this Oeed oi Tnist untess lndemnifted,in writiing,for all costs,compansation or expenses whteh
<br /> _ - may be associated therewith.In addiUon,Trustee may become a purchaser at arry sale�of the Property Qudicfai or under the potiver of •
<br /> � sale granted herein);postpone tha swa ot ail or any poNon oi the PropeRy,as provlded by Iaw;or sell the Property as a who►e,or In •
<br />- -. � ' separate parceis or lots at Tn�stee's discr�iion. - �
<br /> - � 14.Faas aed Expensea.In the event Trustee sel(s the PropeRy by exercise of power ot sale,Trustee shall be er�titied to aAA�Y �
<br />_ ' � � � arry sale proceeds tirst to paymeM of all aosts and expenses of exercising power of sate,tnctuding atl Trustee's Cees,and Lender's and
<br /> . � Trustee's attomeys fees, actualty incurred to exten!permitted by applicabte law.tn the event Borrower nrTrtistor exercises any dght � .
<br /> provlded by ta�+v to cure an Event ot Oetautt.Lender shall be entiUed to reoover from Trustor aU casts and expenses actualry incurred as
<br /> . ` a resuft of Trustors defauit,inciuding vritheut IimitaUon all Trustee's and attomeys tees,to the extent permitted by applirabfe law. �
<br /> . ' 15.Future Advance$.Upon request of Borrower,Lender may,at its optlon,make addiUonal aRd future advances and read- ,
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