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<br /> t �°`� `Froceads'�in oonrtectton with�nde�anatIon or olher tatdng ot the ProPeRY or part�►ereof.o�for oonveyance 1n lieu of oondeirmatton.
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<br /> ``` � � i.ender st+ail 0e etrtttled et its optbn to commenee.a�pear in and prosecute tn Ks ovm nsme any acdon or proeeedings.and Sha1!atso
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<br /> ' '' be entrtled to maita arry oomPromise or sefGement in wnnedion wItt►sudi talcin9 ar dama,4e.tn tha eveM any Padion oi the PtapeRy is '...- �.
<br /> .'�.':,,,,,`.:`.c.`� so takk�n or damag�d.Lender shaU have the oattan in Ets sote ar�eb�tuLe QiscneSon.to aAPty aU sach Drooeeds. after deduc�9
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<br /> ' tRenafrom aD casts and e�enses fncutred ts}►h in oonn�n�trith sud�Praceeds.upon any inde6tedness secured hereDy and tn sad� _ _ .
<br /> • � " oNei as Lertder may dstarmine.or to ePpSy ail sud�Procaeds.after sud�de�uGIons.to the r�tnra4lon af the PrcPeth►.upon�u9t con- � l ',
<br /> . � dittons as lender may determU�e.My eppQcaUon of Proceeds Ua tndebtedness shail nat eMenQ ar postpan�the Qiae bate ai a�lf D�Y` � ,~,F . ,c.�
<br /> ,. .�...�`�.��• m e n L s urtder the�tate�or aire any defau(t theseanderor hereunder.Are�r urtappited tunds shatl be paid ta Trustor. � ,•_�.^,
<br /> �•�`•. 8.PeQfomiance lay Lendet.Upon the�trrenoe o t an E ven t o f O e f a u l t h e r e u n d e t.o r H a n y a c i i s t s 1 c e n o r t e g a l p r o o e e d'm 9 ., �
<br /> ' `��` �'� oommenced wtttot�matertaIty affects Lendets intetsst in the Proloerly.LertBsr may in ifs own dFsaetion.but without obIIgaticn tc d�so. �1► :,:�,.�.:.
<br /> - '�'=�'� and ivithout naLce tv or demand upon Tnutor an�witliout reteasin9 T�r fmm any cb�igattan.do any ad whi�Tn�or Aas agreed �+ _ .
<br /> '` but fa3led to do and may also do any other act it deems necessary to Protect the sea►�Y here°f.Trustor sha0,tmmediatety upon �9
<br /> � � -° Qemand tl[erefat by Lender,pay 4o Lender s!{aosts and exp�inaureA and sums expended by Lender in connecHon wiYh tha exer- � v :.
<br /> •`,., .`r ``i cise by Lender of fhe foreSai�9 rlghts.togefher with interest thetean at the deisutt rate ptovtded tn the Nota.which sfiaD be added Do � �`,�•
<br /> t�e indebtedness secured nereby.Lendsr shali rtot inau any Uabtiriy because of anyth3ng�may do or amit to do hereunder.
<br /> , - ' � 9 HazBrrdous E�^'° TrusOor ahaU keeA fhe PmPerty in ootnpiiance wlih atl aAPQcabEs taws.ordit�ances and regWations .
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<br /> , .. ,; reta�ng tu lndustrta{hyglerte or emrimn�nental pmLection(aoitecUvely refer�ed to herein as'Envtramnentai tawa'?.Tnistor st�ali lceep
<br /> � • • thq pnpperty free fram at!substanoes deemed ts ba haaardous or Uaxic undar atry Em►fronmeMal Laws(wlter�+ret�►�d ��n ��,
<br />. �: ;. • = as`Hazardaus Matertats�.TrusOor hefeby vran�anb and represents to Lender that thera are no tiazardaus PRatedats on or uMer fhe - .•':�
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<br /> `�:�. ., .` ..,' .f• Properly.Ftustor hereby agrees to fndemnily and hotd hamiless lender.its dire�tors.offioers.empi�yees and a9ents.and any sucx� �,.•. .. , .
<br /> ,• ;,• �'. � ;::� sars to L�endefs interes4.from and agalnst arry and aU daims.damages.tosses and I'iab�itles aristng in oonnedton wUh t h e p[esenae. : : .�
<br />-- . use,disposa!or transpofi oi any Narardous Matetiats on.un�er.from ar about the Properly.THE FOREGO(NG WAR1tANTiES AND :.Y.L..•--
<br /> `� ��' REpRESENTATtaNS.AIdD TRUSTOR'S OBUGATtONS PURSU A M'T O T I i E F O R E G O I[�I G�NDEMNI7Y.SHALL SURVIVE , : . _
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<br /> - - . ����.;"= RECOMIEYANCE OF THiS DE�OF TRUST. � ,
<br /> '"� . � • 10.Assignment ot Ren4a Trusfinr herehy assigns to Lender,and grants Lender a securfty irderast fi,eU Presenb fu�re ar►d - --
<br /> � , ;��' after edsing r�enis.issues and pmfits at the Property:provided that TrusUOr shall.'un6'i the oxurrenoB of an Event of Oefault,hereunder . �
<br /> `� • ` fiave 9�a rtght to cotlect�r►d retah►sucb rents.issues anQ pmfits'as they become due and payabte.UAon the accurrence of an Event of '� .�L
<br /> • '� �..'•°.' qefau�,Lender may.either in pa�son or by agenk vritb or without bringing arry adion or prrsceeding,oro y a ��►�o n�b� �`:.�k• "�
<br /> .,.�� `5� oourt and wiUtout regard to�e adequaay►oi Ehs secudty.enter upon and take pas.aession ctthe Property. anY P �-
<br /> . , ,,; ; dte vetue.tr�tfcetabt�y or .,-.-
<br /> . . .s name or in the name of the Trustee,and dn any acb w1dd�i!deems nace�ary or desirabte to presen►e
<br /> rerttabU'dy of the PropeRy,or any P�tttereof or fnterest theretn,or to inaease the income�therefram or pmtect the securfh►he�eof and. ,.:. ::•.h'-=
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<br /> ' r.� r��`:. tivith or withavt taking possesslon oi the i�roperiy,sue for or othervuise ooltect the rents,issu�and prafits thereoi,inctuding thosB past �_..�
<br /> . • �`�,�`�' due and unpaiQ by notttying tenants ta make payments ta lender.Lender m�Y SPPh/cents.issues and pmfits.le�casTs and e�ens- ____
<br /> M;`'•' es oi operatton and eoitectlor►1nd�sding at�meya tees,to ar►y tndebtedness ser�ued heteby.ali in suct►eNer a$Lender may dater- ��
<br /> � �.�.� mine.The entedng upon and taldng possesston oi the F�roperty,the coitedion af such cents,lssues and profib:and the appUcauaa
<br /> � ��.. .: �s�oi as aforesatd shai!not cure or vraive aml defautt a�notfce of default hereunder ar imaUQat�a any ad done in response to such •��:
<br /> • ';��-= ds�auN or pur�uant M such noti�of defauft and.noNdU�standing the corttinuance in po�sosston oi the DroPenY o�the ooRec�on, ��i'
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<br />� ' � � '.• ceceipt and appiicatton oi rents.fssues ot pm6b.Tn�stee and Lender shati 6e entitled to exeecise every dght provlded tor In any oi thd s�r'�- :.
<br /> • .,:°`°• Loan instrumenb or by Iaw upon ocxurtence asf any E+rem oi Defautt Induding wfthout Rmitatton the dght to exen�se the pmnrer of sale.� �_:-:-
<br /> • �- , � ' �'�� further,l.endefs dghts and remedies under this parag►aph sAall be cumutative w(th.and In no way a fimila�on on,Lendets rigMs and __-
<br /> ' remediea under any assignment of Ioasea and rents reoorded against the Property.LenQer.Tnsstee and the receh►er shaU 6e tiable to ,.'��•�� �
<br /> . � . :. aceount onfy for those rents acWatly received. � ."y�
<br /> 1 ` � �•`� 17.Everrls o!OefauFt'rhe blfawing sha0 cons8tute an Event of�eiautt under this Deed ef Trust �
<br /> . (ay FaAure to pay ar►y ins�liment ot prtnclpal or interest or any other sum secured hereby when dua; �, �
<br /> • . � (b)A�reach o!ar defauft under any proviston contained tn the l�loto.thls Oeed of TrusE,ertiy oi the Loan In3Wmer�,ar any � _
<br /> ' � ' other tlen or encumbrance upon the Property; _—
<br /> � . . (c)A writ ot exea�iicn ot attachment or any similar pracess shatl0e entereA against Trustor whict►shatl beconue a aen on _
<br /> '. ' • . the PropeRy or any poNon thereot or interest therein; �
<br /> ---_-- -. .r�;' (�There s4�aq be fited by or against Tn�stor or Bamnwer an actlon under any present or fuWre teda�al,stats or other staiute. __
<br /> � taw ar regu(aUon retating to baniwptcY.tnsoNancy orother relief for debtors:or thare shaU be appoin4ed any trus2ae,receSver or -
<br /> tiquidator oi Truator or Borrower or of ail or any part ot the PropeRy.or tho rents.issues or profiffi thereof,orTnutnr or Barrawer� -
<br /> shat!make eny general asslgnmeni fos the benefit of creditors: ..—
<br /> • . �•�• �� (e�Tho sate.uansfer,tease,assigrtmant,convayanoe or further encumbrancA oi atl or arry part oi or arry interest In the
<br /> •� � � � Rroperly.either volunterily or invoiuniadty.vhthout the express written oonsent af tsnder,provideA thal Tniatcr shall be permit _
<br /> ���`��'' rod to axecute a lease M the PropeRy that does nat oontain an option to purct�ase and the term ot whicb does not exceed on0 ___
<br /> . . ••. . year.
<br /> (�Abandonment of the Property:or __
<br />° � - ° (g)It Trustor is not an indivtdual,the issuance.sate,transfef.asstgnmen�conveyance or encumbr�nce ot mora tl�an(if a _ _
<br /> . ' oorporadon)a tatai oi �], p percent oi ib issusd and outstanding stock,or(ii a partnership)a total ot De� � .
<br /> • � .' ' cent af paqnership interasts,or(ii a llmtted ilabiliry companyj a totaf oi peroen t o f t he l i m i t e d 1 1 a b U i t y c om p a- � ,.
<br /> � mr interests or voUng tights dudng the p�rio�thls Oeed oi Tn�st remalns a Iien on the properiy. •
<br /> � � 12.Remedtes;Aeeetera8on Upon Detauil�In the event of arry Event o!Default Lender may,uvithout noUcs exoept as requUed
<br /> ; • by taw,dectate atl inEebtedness seeured hereby to be due and payaWe and the same ehail theteupon beoeme due and payabte witta , . .
<br /> � � out any presentmen�demand.protest or notice of any ktnd.Thereafter Lender may.
<br /> � • � • (a)Damand that Tcustee exerdse the POWER OF SALE granted herein,and Trustee shall thereafter raacse Tru.sWrs iMer- .
<br /> est In the Property to aa sofd and the prooeeds to 6e distributed,all in the manner pr�evided In the Nebraska 4rast Deeds AcY, �
<br />;�"�:' � (b)Exercise any and all rights provided tor in any of the 1_oan Insbuments or by taw upon occurrence ai arry Event ot . .
<br /> Detaui�and .
<br /> ' � � . (c)Commence en adion to foredo�this Deed of Trust as a rtcmr�gage,appolnt a receivar.or specittcalty enfo�ce anyr at the
<br /> covenants her�oi. � �
<br /> � Ho remeQy heretn conTerred upon or reserve0 to Trustee or LenQer is in•.c�nded to be exctusive of arry other remedy herein,!n fhe Lean . .
<br /> � ' .' in the Loan fnstrum ntDs or�navl or he e fter existing atstaw ob n equity or by statute�nd mi ay be exer�sed eanwrrent�f�independentty
<br />- ' . or succesivary. .
<br /> ' 13.Tnisbae.The Trustee may resign at eny Hme without cause,and Lendar may at any time and without cause appoint a suo-
<br /> � cessor or substitute Trustea.Trustee sha8 rrot be 1labte to any party,inctuding without limita�on Lender.Borrower.T�usWr or any pur- . •
<br /> - - chaser of the PropeRy.for any loss or damage unless due to recktess or wiiffut misconducl.and shail not he required to hake any acNon
<br /> , ' ' � � in connectton with the entartement of this Deed oi Trust uniess indemnifled,in wridng,tor all�,compensatlon or expenses which �
<br /> • may be assadated therewith.tn addltion,Tnistee may become a purchaser at any sala ot the Property�udiciaf or under the power oi .
<br /> �-� - . sats granted herein);pc�stpone fhe sate ot afl or any poRion oi the Property,as pravlded by law;or seil the PropeAy as a whote,or in
<br /> ' - . . separate parcefs or lots at Trustee's dLsaeUon.
<br /> •• 14.Feee and Expensea.In the evant Trustee seiis the Property by exerGse o!power oi sate,Trustee shali 6e entitted to appiy , . •
<br /> . • ' arry sale procesds flrst to payment ot atl casts and expenses ot exercising power of sale,irtcludingall TnistQe's fees,and Lendera and
<br /> ' 'fnistee's attameys fees, aetuatiy incurted to extent permitted by applicabie taw.tn the event 8orrower or Trustor exerGsea eny dght .
<br /> � � provided hy law to cure an Event ot Oefault,Lender shatl be entiUed to recover trom Trustor all costs and expenses acU�alty incaurred as
<br /> � � 8 result of Trustor's detauN,inc(uding without IimitaUon ali Trustee's end attomeys fees,to the extent pertnitted by appiicabte lavi.
<br /> '_..:__�_ _.�__'__ 15.Future AQvanees.Upon request ot Borrower,Lendev may.at its option,make addiUonal and future advances and read- � .
<br /> . � . � • vances to Borrower.Such advances an0 readvances,with mterest thereon,shaii t�secured iry ihSs Deed af Ts:u�.l`.!�llma stsait ths - -:
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