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<br /> '�� f " 'P�npeeds�In oonnectlon with�ndamn�Uon a other hatJng oi the P�apeRy ar part therooi.ar tor oorneyanoa tn Qeu ef oondemnacion. ;:<�.�, �:�`
<br />��•.�:`�,.� ;,' •-r'•'� 6.ender sha11�e enUtIed et tts opflon t�cotnmenoe,eDRear in ana prosecute in Its avm name any sction or proceedin�.aad shali ai� ` `� �:,�`
<br /> . . •l tre enti�ed�a make elry�ompromtss ar set�ema�t in carmection with such feWng ur damage.tn the everrt any Pa�of the Proaertyt is '�. •" r
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<br /> ro faken cr damagsd tender shait f►av8 fhe option tn�s sofe and absatute dtsc�etton.to eDPty atl sucA praceeds. aRer dedudin& •
<br /> . � thsrefram all cosb an0 expenses inaured 0��►it(n connacBan�v3t4�sur�PraceeQs.upan any IrtQebfledness sa�ured hereby and!n sud� (� ':�:.:" -
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<br /> ` - ar�der es Lender may determing,cr t�eppty all suct�Procaeds,afOsrsuch dsduc�for�s.to the restoreUon of the Rtaperty upon su�fi mo- � ,
<br /> .'..`;•';' ', • d'iUcns�s Lender may Cetemtlne.My eppUcatlon at Pmceeds 4o indeb2edasss sha11 noi extend ar postpene the due date o t anY Da�f- � �
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<br /> f t''�: .., mertts un�er ths Nofa.or cure any defa�4 thereunderor heresinder.MY unappUed tunds sh'aU be patd ta T�usOor. . `"''�
<br />_ : � . ` . 8.P�arfostnanee by Lsrtde�Upon the ocaurence of an Event o4 Oefault hereundar.or i�arry s�is taken or ie$al prooeedin9 � � ;
<br /> '-�.�� '.+`.• commenac��athi�+matsr�fty aftects Lendera trtterest tn tt��per4y.Lender may in Us awn discre8on.but vn'thout obit�tan to Qo so. � t':n.� �,
<br /> � ' � and wil9�out naUce to ar demand upon Tiu�tor artd wlthoat r�teasing Trustor from any obtigaBan.do any ad wflid9 Tnisror has egreed � `
<br /> `��� but faited ds do and may aiso do arry Bt�er aet t!deems necessary to pmLed the security hereot Trustor s6ali, immediately_upan � .�� ��
<br /> 4�� � -� dsmand therefar by Lender.AaY to Leader all casta aM enpens�s tnramed an�!sums expended dy Lender in wnnection wfth tha exer- �
<br /> , ... , ciss by Lender oi tAe f�regoing dghtsr togetRer vhth interest theraon at the dsfauit rate pravldsd(n tha Note,whld�►shall be edded to q� � _���
<br /> `, >.L :.*- - tf�a inde6 t e d ness secure d here Dy.L en der s h a i l no t inau any t i a b i ld y b e c a u s e o i a n y t h t n g i t m a y d o o r o m ft t o d o h e n e u n d e r. •�
<br /> r.,,. . ,„ "�:. � 9.H�rdous 6taS�rla[9.Tnistoa sAail keep thq Proper4y in oomp�ance vdth ati appticabie laws.oN'mart�s artd�regutatfons =� ;�:.'. ••
<br /> . . .•,`�` ret8ting ta tndus�tal Aygiene or envtmnmen4al Protectton(coitectivey referred to herein as'Emrironmentat tavvs7.Trustnr shall tcsap �t.,._..
<br /> . � �e Pmperty ftee fram e6 substanoes Qaemed to be hs�rdnus or toxtc under a�r Environmental Laws(aedec�vety reierred ta hereln
<br /> "E`=_.--,`..'.,��,=r.` as'Hazatdous Matetiais l.Trustor he4eby wartants an0 repcesents ta Lender fhat that�are rta Ha�rdaus Materfats on or undet the '�=j�=�"�_
<br /> - _;._ ,_..- - Property.'Rustor hereby agrees to indemnity and halA ham�tesa�ender.its directo�s.offtcers.emptayees and agents.and any suaw� _
<br /> .. - � sors to Lendefs(nLerest.from an0 against any and all daMs.damages.iosses and IiabiGtles adsing tn conneWon with fhe preseacs, �._•�'°"
<br /> ��` `'�.''• use.dlsposal or trdnsport 9i any Hazardaus MaLettats on.under.imm ar ebout the Property.THE FOREQ0IIVG WARRAl�RIES ANb ...-_�_.
<br /> �- REPRESENTATlO[�lS.AND TRUSTOIYS OB!{GA'i'IONS PURSUANT TQ THE FOREGOiNCs INDEMNIT1f.SHALL SURVNE ,, :•r�,_.
<br /> � RECONVEY/WCE OFTHIS OEED OF TRUST. -_
<br /> ^ ' • ` 1fl.Ass[gnment of i�ertfs.Trusflor hereby asstgns to Lpnder,and�arRs Lender a security interest in.a8 present,fuUrre snd _.
<br /> ` , , . ,4•.,,, after ari$ing rents.issues and profits of the Ptoperty;pcovided that Trustor shaQ.w►L'!the eca�rtenea of an Eve�of Qefauit.heraartder. .= j.
<br /> � �` ., �� f�ave t�e dgM tn cetlect an9.�tafi sucft renLS.t�sues and pmfits as thsy beoome 6Ue artd payabte.Upae the aa�rence oi an Evertt ai � ,T
<br /> � ' Qefaui�lender may.efther in Person or by agen�with or withou!bringing any sc8on o�proceeding,or by s receiver eppolnied by a
<br /> :,..._:_t'�:._..:_.... :,F, c a s u t a n d t v,�h a u t re g a r d t a t h e a d e q u a�y o f i t s s e c u r i t y.e n t a r u p a n a n d t a k e p o s s a s s l o n o t t h e P r o p e R y.o r a n y p a i t t h e r e o l,i n i t s d w n , �.. .�',u
<br />'.;�• . n a m a a r i n II i e n a m e a f i h e T n�t e e.a n d Q o e n y►a c t s w h 1 c 4��t deems ne c�s s e r y or Qesirable to presenre th�value,market�6ility'or �'���:_�--
<br /> rentabiGty of the Property.or arty paR thereof or interest therein,or to iricrease the irtcema therefrom ar proted the seairity heraof anQ. ;�__
<br /> � w�h ortvithout tatdng pnssessfon of Me PropeAy.sue for or otheiwlse cotted tfie rents.issues and proftts thereof.Includfng ihase past � � �...
<br /> ;<. ..>. � � � dua and unpaid g3►notiE�fng tenants ta make paymenb to Lender.Lender ma7►aDD�Y rertts.issues and pmffis.te�s oasts attd expen� ' . _.�-
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<br /> - '.. es af operatlon and co!l�edlon induding attoff�eys tees.to aTry Indebtedness secured here6y.aU in suct►arder as Lend�r may 6etar- �,: .,,�.__
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<br />':�;,.:'"' � � mkre.The entering upon and tatdng passession oT the Pro�ecty.the coflectfcn ot sacl�r8nts.issues artd profits.ead tl�a applica�on =_
<br /> `- ' � � ' fhereof as aforesaid shatl nai cure or waive any default or notice oi defauit hereunder or tnvalidate airy sct dana in response to such � �--___
<br /> �„`' � .•:��i detautt or pursuant to sud►noUce ot defautt and.naMrithstanding the oontinuance in possession at the propsrty or the�itet�ton. �
<br /> �'• , I • � r . receipt and 2p�Hcatton of rer�ts.tssues ar prafits.Tnistee and Lender sf►atl be enUqed to exerdss every dghi provIded for in arry of the _
<br /> .,� ',:: ``'; �°.',� loan tnstrumerts or hy law upon oaurrence of any Ev�t of Qefauit.inctuding withnut IimitaBon tha rtght to sxen;isse the power of sate. �._-.---
<br /> � :�-�'�:�T Further,Lender's rightsl and�emedies under this paragrapA shatl be cumulative vdth.and tn no way a Iimita8on on,Lendera rights an9 �` --
<br /> - . cemedtes under any assignment of teases and ren��eoarded against the Property.Lender.Trustee and the teoehrer shaD be Uabie tn ����,
<br /> ��•;: ',. .. � ' :"� acs;ountonlyforthoseren�actuatryrecetved. . `-�'_
<br /> ��`��-�.�.;� •-: ��°��!'- 11.Eveats oi Dafaul�.The foliauvi�g shaii aonstitufe an Event oi Oefault under this Deed oi TrusC -1 s°'_�=_
<br /> • ���-� {a)Fafirre to pay any tnstattment of pdncipal or inLerest or any otheR sum seeured here�sy when due; �'_::�}"_'-�
<br /> , . ` . . @)A breach of or defauit under any provision corttsirted in the Note,thls Deed oi TrusL etry of t�e Loar1 tnsVumertis,ot Emy �::�,�_-
<br /> - ' other lien or encumbrance upon the PropeRy; -;--
<br /> "_ ._ � .� �..:"i, (c)A writ oi executton or attachment or any simitar pracess stratl be entered agalns!Tn�sUor which shafl be�:ome a 13en on :�•=�:���
<br /> . ;. the Property or any portlon tnereoi or interest therein; � ''�`� _:;=
<br /> � • '� (d)There shall be fied by or against Trustor or Bortower an actlon under any present or future federal,state or other statute. '- �,
<br /> :, . . � ' ` . ��� teuv or rdgutatton teTattng to bankrupt�y,imsoiven�}I or other re11ef tor dobtors:or thet�ahaU 6a appoinflad eny bustee.tecetver oc , • --�-
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<br /> �.r _• . ���..' '. Qqufdatar of Tnistor or Bormwer or oi aii or any part of the Property,or fhe�ents,issues or proflts thereot,or 7mstoror Bortawec _ ___
<br /> g� � ,. �• shall make any general assignment far the beneflt at creditors; - �r
<br /> � �' � � (e)The sal0,tr2nsfer.lease,assignmeM,anrneyance o�tuRt�er encumbrance oi aD or any paA of or any interest in the ����_�
<br /> �,`. . � Property,edher vo;L�rity or invoiuntarity.wi�aui lt►e exp�eso wrttten oonser,4 af Lender,pmvided ihat Tnistor shal!Oe Pertnit .: .
<br /> ;;:' ;. � :�:� ted tn execute a lease of the Pranerty @►at does no!oontain an oBUon to purchaso and the term o!whtct�does not ew�ed orte ,��'.-
<br /> Y�: - -
<br /> ' ` (�Abandonment oi the Pro��Ry;or _ __
<br /> 3 ,,,� (g)(f Trustor is not an tnd(viCual,the issuance,sale,transter,asstgnment,comeyartce or encumbranCe ot more than('d a
<br /> �. . • • .= corporation)a total of percent of its issued and outstanding siock,or pi a partr�ershlp)a to�l at per- .
<br /> •� � . aant af partnersh;�interests.or(it a limfted Itabitiry company)a totat of percent of the limited tlabillty oompa- , ,
<br /> .� ' `�' �mr interesb or voting rights dudng the pedod this Oeed of TNSt�emains a Iien on the pra�ty. ::.
<br /> �:'� • , • , 12.Remedtes;Qeceteration Upon Dotaut�(n tha event o9any Event ot Oetault Lender may,without noUce except as required ,
<br /> � ' , by(aw.dedare e111ndebte�ness secute�hereby to b9 due and payable and the same shall fhereupon beaome due end payabte wlth- . ;."
<br /> • � aut any presentment,demand,protest or nottce oi sny kind.ThereaRer Lender may: •
<br /> . (a)Oemand that Trustee exerciso the POWER OP SALE grantee hereln,�.�d Trustee shatl thereafter cause Trustor's inter• '����-.
<br /> ' � � ' est in the Praperty to be sold and the proceeds Lo be disVibuted,atl In tha martner provtded in the Nebraska Tmst Oeeds Ac� . . .
<br /> � • � (b)Exercise any and all dghts provlded for tn any oi the Loan InsWments or by taw upon accurrence of any Event aT
<br />'s;_ .. . . : .' � Oetaui�and :
<br /> �-�'• � (c)Commence an acUon tol�ctose this Deed oi Trust as a moRgage,apyoint a receztir,or speciflcairy enforee any ot the ; .
<br /> °,_�• � . oovenants hereot.
<br /> � � Ho remedy herein conferre�upon or reserved W Trustee or LenQer is intended to Da exclusive ot any other remedy herein,In fhe Loan , ' �
<br /> • � ' tnsWments or by tavr pmviCad or pertnitted,but eacA shall be cumulaUue,shall be in ad.diUon to every other r+emedy given hereun0et, �
<br /> ' � • in the loan InsUumenta or now or hereafter existing atiaw or in equity or by staWte,and may be exerclsed concurrenUy.lndepertden8y
<br /> • .. . ' , or succesivety. �
<br /> � • 13.Trustee.The Trustee may resign at any dme without cause.end LenQer may at any time and wih?�out cause appotnt a sua,. .
<br /> :- � � cessor or substitute Trustee.Trustee shail not be liable to any paRy.tnctudirtg without Ilmitatlon Lender.Borrower,T�Cr or arry pur-
<br /> � � ' chasar oi the Property,tor any toss or ctamage untass due ta recktess ar willtut misoonduct,and s!►all not be required ta take any acdon - .
<br /> r� �, �� •' in connection wffh tiie entoreement ot this Deed of Tntst untess indemnifled,in wriUr►g,for alf cosb,compensatlon or expensss which . . •
<br /> =� �:•• may be sssociated therewith.ln addltlon,trustee may become a purchaser at any sate oi the Property(judicial or under the powar ot • •
<br /> ,:•. . � .� . sate granted herein);postpone the sate oi all or any poRlon oi the PropErty►,as proviQed by taw;or selt the Property as a vihofe,or in. .
<br /> ���' �� ' • separate parcets or tots at Trustee's discreUon.
<br /> � �' • .-- 14.Fees and Eupenses.ln Me event Trustee selis the PropeRy by exetcise ot power of sale.Trustee shatt be entitted to appty .
<br /> ��:�. , arry sate proceeds ftrst to payment o!all casts and expenses of exercising pawor ot sate,lnGuding a0 Trostee's tees,and Lende/s and .
<br /> : Trustee's attomey's tees, actualty incurred to extent permitted by appticabie law.ln tAe event Borrower or Trustor exercises any right .
<br /> • provided by law to wre an Evant of Oetautl,Lender shaU be entiUed to recover ftom Trustor ali cflsts and expenses acWafty Incuned as
<br />' � � . a resuit oi Trustor's default,lnctuding without qmitaUon alt T�ustee's and attomeys fees,to the extent permi�ed by appliq6te taw. �
<br /> . 15.Future Advances.Upon request of 8orrower.Lender may,at its opUon,make addittonal and future aQvanoes and read- '
<br /> . :. �
<br /> ` vancss ta tiarruwer.Sucl�c advance�ar+d readvarrtas.witt►Ir►tersst thareors.s#�!t ba�rcC by tt�I:!?:s�ot Ts�t.A!no lime shal!ltse
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