|
� :�. < _ _ s ,_._.�-,.-.m.r- ..._";�:. .=x�.x-.�.��.. ����.:c i c'��� _U_ _`"L'.- - _
<br /> � �
<br /> P�--�.-�--s- — -� =` — -- - � -�r t - -- -
<br /> � . � .i t� ` _ -- . �� t �( } } T��Vy � •,t
<br /> �'
<br /> / - ��� - ��-t � ..i. t . . - o f -�' �£-�.` i. . .
<br /> -1.C�'_..:,�'i'uf.Y4�� „ ��fv � C�y� Lf. Y� (. C. "� � � 4V" ..f � �'-�� ` • '`'�.' .4. .t 4 .
<br /> �}` � t S i.-,+ f, ,�.� .`Z'; �
<br /> Sr' �F' '.Y S+'�, 'V"� V`�
<br /> - "o'.� re. � •'Y
<br /> _"� u:c-..t..�r•� . �' .h. _
<br /> ; �
<br /> d.j r �
<br /> t � `,
<br /> . �, . �'`� •p�acesds7 tn conneeHon with conda�ru�ation or oihar teIdng af ths Pro�erty or part tl�ereo4.or for con�yante in�eu of cm►demnaBon. •F� -
<br />- �`���':�• ? Lender shall be eeGfUed a!its optIon to�mmsn�.�PPear tn and prasea�fn tts avrn name any 8ctfon or proceeding�.and sAaU eiso � ���. .
<br /> � `�`" ..° � :.,. ba ea�ttad to ma3ce arry compromise or settfemeni im m�nectt�on wiUf sucb ta[cfng er damsge.tn the evert arry portion of ths P�ogerty is 4=`:t.,'_t, �f�: :
<br /> " ` . �•'�' so.taken oz Qamagecf.Lsnder shalt have tha o�tinn in its sote and absah�ia�IIscretIon.ta aDD�Y sil su�praaeeds. efter deducVng '� ` � �
<br /> -,, h,i� .` -.� �'G i'• Y•. .
<br /> "•r . .,-.:. ,� . therefram afi oosts and expenses incurrsd by it in conr►acHon with su�Praceec�s.uAon a�yy indabtedness secure�Aereby and fn sucfi .,��-• `:`}
<br /> _ iriuw oa'a.a��iuo�:T�j AYQWttfiRKT�N W Qj7(h]�oVtr�ir....°'^""'""w.w,��.'.•'�� w�'O^�^�''��'-'��lthw,.Re�urnn o.�M►.� . •-
<br />. �.. ,: • ..i . ,; �. .�
<br /> � diitIonsas Lerider may t�termine.My,aFpitr�flan oi ProoeeQs W indebiedness shaU not extend or postpone the dua date oi an5►DeY- s. � ._
<br /> , �+ `�: ments under the[tote.or aue eny de�ault thereun�ar or heraunder.My unapp4s�fimds shaIl 6e paid tn Trus�r. `° �
<br /> � B.�eatomaancs ay lemfer.Upon the aoatrrence oi an Ever+t M aefaWt hereunder,or if any ad ts t�icen or tegal prooe�ffu�g � .. c'` "
<br /> • ��F�� � � ` conurtenced wl�ich materiafly af�`ects Lendec's interest in the Property.Lender may in its aam Qisaetfon,but withaut ohltgaUon to do so. - • . �
<br /> � � and�vithout notIoe to or demand upon Trust�and without cateasfng Tru,sWr from any obQgaUon,do arry act whtch Tnutor has agreed ` • ,
<br /> � h:Fi... 1; �� •'�:
<br /> , •�,� hut faUed Go do and may atso do arry other act ii deems nece�sary to pmied the security hereal TcusOor shafl,imm¢diatery upon
<br /> , �� -- Qemand therefor by Lender,pal/to tenQer all ccsts end exper+ses incvrred and surns expsnded Ay Lender tn conne�ion witl►the exer- .R, -� �, ='.
<br /> . ` ` dse by Lender of tAs foregotng dghLs.together with tnter�t thereon at the default rate provided in the Note.which shal!be added io .��-� �
<br /> `: ..«y.4..c�.' � the indebtedness secure�hereby.Lendar shal!not tnar arry ilalsiligt because af anything it may do or cmit t�do hereunder ,�.` , .t �.� �,.
<br /> . 9.Harardous�riats.TrusMr shal!keep the Property in oompfiance vrith ai1 appllcahta faws.ordinanoes and�egulations x� `
<br /> relating tn indvstrlal hygfiene cr emrfranmentel proffic�on(co{tectivetyt teferred Lo hereIn as`FJtvttonmeNat I.aws7.Trtc�r shail kee� `- .,:.=� ~'
<br /> <<.' c the Propetty free from all substances deemed to be hazartinus or mxic�mQer eiry Envlronmental!aws(coRedIvety teferred to hereUi �'� -
<br /> � ` : as'Nazardous Mat�riats'.Tn�stor hereby warrants and reptasents to Lender tlrat tAere are no Hazallous MaDe�iais an or undsr tha
<br /> . Propariy.TrosOor here6y agreos to tndemnffy end hofd harmless Lender.its dicecmrs,oflioers,emptoyees end ager►ts,and arry suc�s- = �•
<br /> � � sors to Lender's interest,from and agatnst any and ail ctaims.damages,tosses and liab�ities acising tn oonnecBon with the plesence. �• -.,. ' ��•-
<br /> . �
<br /> , • . use.d�sposal ar 4ranspart af arry Hazallous Materials on,under,fmr+�or a�out the Pmperty.TtlE FOREGOING WARRAMIES AND '� .` >``�"`"" =
<br /> ��� ' REPRESENTATIONS.AND TRUSTOR'S OBLIGATIONS PURSUANT TO THE FOREC:t3:VG INOEMNITY.SHALL SURVNE
<br /> - . . RECOMIEY/WCE OF THIS DEED OF TRUST. �-���� -
<br /> • • 10.�issIgnment of Rents.Tnismr hereby assiBns to Lender,and grams lendar a security interest tn,atl presenL future and �-`:: °::_
<br />- �, �,�;;j•-'�,.��� after arlsing re�ts,tssues and profits ot the Pmpesty;p[ovtded that TcusOor sha0,until Me oax�menoa of an Event of Refautt,hersunder. -_
<br /> a
<br /> , , � hava fhs rigfit to ooUect and retain sur�a c�nLs,i s s ues an d p r u fi t s as 6 t�y beoome Que en d p a y a b t e.U p o n t h e o c c u r r e nca ot an Event oi � ___
<br /> � � � qefault,Lendar may.either In person or by agent,with or without brfrtgirtg arry acBon or proceeding,or by a receiver app�ted by a �
<br /> -._ �.: '��� ,•.� court and wifhout regard to the adequacy of it�secudtY.enter upon and take possesston ai the Pmperty.or arry part thereof,in�.s rnyn - _-
<br /> • name or in the name of tha Tnistee.and do any a�ts which(t deems ne�ry ar desirab(e m presenre the vatue.marKetabilily ar
<br /> ��. rentabii'ity of the Pro�eRy,or any►part�horeof or Inte:�t therein.or ta increase it►e fioome therefrom or protect�a seairiry heceof and. = _ �_-_ __
<br /> ' • '����' with or without taking passesston af the PmpeRy�sue for�or otherwtse coliect the rents,issues and proftfs theceof.induding Uwse past ; �.•,�.x�:�-
<br />�`, ;•':";�• ; dueandun .
<br /> .: .:`= paid,by notifying t�ants to make payments to Lender.lender may appty renb,issues an d p ro fi t s,tess ca s t s a n d e�ens- �; ...,—__ _.
<br /> - ' �>�:�«:`%�,_.""'� es of opera6on and cottedion iocludtng attomey/s fees,to any InQebteQness&eamed hereby.aD in such ordet as kertder may detec� z �,:°°.�...�- -
<br /> � , mine.The entaring upnn and taktng passesston ai t3�a Property.the cottecdon af sucb rents.issues and profits.and the apPltcation :_�_Y�'.-�----
<br /> �����,•�, � :� thereof as aforesaid shaU not arre or watve any defauR or notice of defautt heretmder or Invalidate atry ad daae in cesponse�sncA . _____
<br /> r � defauft or pursuant to such noUce of default and.notwtthstanding the oon6nuance in possession of the property or the cottectlon, �-� �• • "._��n
<br /> v. .`_.1.._��:_��.
<br />�: .. , recetpt artc�appttcaUort of rents,issues or profits.TnisUee and Lendar sha11 Os entitted to exerdse every�ight provided for in alry ot the ,� �..�.:__-
<br /> "` � ' Loan Instruments or by law upon occa�ence of any Erent of Dafault,induding without timttaUon t�a right to exerelse�he pow�ar ot sate. ;�.���:,.;r_:-°__"`r
<br /> v.. � =.,r.�.....
<br /> --�. °�.� '��- Furtl►er,Lenders dghts and remedies under this paragreph shati ba�umutaffire with,and in no way a limitatlon on,LeaQePa r�gts�and -- ,;., ,t,..•_.�__
<br /> ,•,�� , , ; remedies under a assi $nt of leases and rents reoorded a ainst ths Pm eRy.Lender,Ttus4ee and the teneiver shai3 b�liabfe to ..���*''�•' `—-
<br /> fl ,, 'f account oniy for tl►ryo�ca�actualty�eceived. g p `" �"'- ��
<br /> � ; 11_EvoMs oi OefaulL The foBowing shat!constitute an Event of Qefault under thts OeeO oi Trusk , : _ -
<br /> '��` � ' (a)Faiture W pay any instalisnent of pdnGpal or interesi or any other sum secured herehy uvhen due: —__
<br /> Y���
<br /> ' � � , (b)A bread�of or defauit�a,1Cer arry pravislon wntained tn the Note.this Deed ot Tnist,any ot the Loan Instruments,ar any � _ _
<br /> � other lien ar encumbrance upon the Properly: ��°v� _°
<br /> . . _ .• (c)A writ o4 execuUon or attachment or arry similar pro�st�ail be entered agains!Trustor which shaU beeame a Ilen on , ,;;�;,�,:.-•-'�-
<br /> V . . � �. . ths Properiy or any portton thereof or interes4 tl�erein: • .-�3�.,'`"_ �• ---
<br /> ' � -:-�-._�••,.,
<br /> _• . • • (�There shall be fited by ur agatnst TrusUor or Bom�wer an action under any present or future tederal.stata or other statuta. :;�; --
<br /> _'� •��� �• �.. taw or regulatton tetetTng to bantauptcyr,ir:sotvency or other retief tor debtore;nr theia shaU be appotnted any trustee,receiver or � .��.,.�_-�_.
<br /> � Itquidatot ot Tnlstor or Borrouver or of ail or any part oi the Pa�myerty.or the rents,isauas or profits thereof,or Yrustor or Borro�rrer � . -
<br /> �• ' �` '� ��.��.f� ' sAatl maEce any general assignment ior the banefit oY cred'rtozs; � �'
<br /> =z-�' (e)The sale.transfer.lease,essignmen�canveyance or fuMer encumbrance oi all or arry part ot or eay interest in the �'""` �-
<br /> r,ry': ��' �
<br /> �.x, . . • ProDerty.either voiuntadly or imrolunmriiy.without the express written consent ot Lender.provided that Trustor shaD be Oermit �'. "�""'�:=-- -_
<br /> �t�°� . ted to execute a tease ot the Property that doas not cantain an opUon W purchase and tfie tertn of whtch does not excee9 one - =
<br /> ' •�� ' •J ysar, ' ' ., _ _
<br /> ` .� I.,`j °... ' (�Abandonment of the Property;or � ..�.�; ����
<br /> .'•,� ���'.�. �:;; (g)N T�usror is not an indlvidual.the lssuance,sate.transfer,assignment.conveyance or enwmbrdnce of more than(d a
<br /> ��- -� • � � wrporatton)a total ot percent of its Issusd and outstandirtg stock,or(ii a paMersh:�)a total 01 per- ' �:
<br /> •• • ' �.��• cent o! parb�ership interests,or pt a limited 1ia611ity companyj a total ot percer�t c�Lhe limited lia6iltty compa- . .: �r: .tr ,
<br /> • ny interests or voUng dghts dudng the period thls Deed of Trust remains a lien on the prope r t y. ' . � ' �
<br /> • � t2.Remedtes;Aeeeteration Upon Qelault tn the event of any Event of DetauR lender may,without notice ence�c�requtred ' ` �
<br /> ' ` � , by taw,Qecta:e ell indebtedness secured hereby to be due and payabie an�tha same shalt thereupon become due and payabte with- ; :� ,
<br /> ;.; : " out any presentmenf,demand,profest or noUce of any kind.Thereafter LenCer may: . ' •
<br /> � � (a)Demand that TrusteB exercise the PBWER OF SALE grante0 herein,and Tnistee shall thereafter cause Trustars inter- -_
<br /> '' • est in the Properry to tre sotd and the praceeds to be distributed,all in fhe manner provided in tha Nebrasisa Trust Oe$da Act; • ; ' :'-
<br /> . � • ' (b)Exercise any and ali ri g hts provlded tor in an y of�ho Loan Instruments or by law upon accurrence oi any Event at � . .�=�''=�
<br /> �.' ;� � De1au1�and � . ' .
<br /> (c)Commenoe an acdon to forectose thls Deed of Trust as a mortgage,appo(nt a receiver,or spectflcalty enforce eny o1 the • , � , .
<br />_�� � ' covenants hereoL . '
<br /> y:` � , No remedy herein conferred upon or reserved tn Trustee or Lender ts Intended to be exclusiva o!any other remedy herein,in the Loan .
<br /> '���" � � � (nsWments or by taw provtded or permitted,but each shall be cumutative,sha11 be in additlon to evoiy other remedy givan hereundar, •
<br /> ' • . � � in the Loan instrumerttss or rtow or hereafter existlng ai taw or in equity or by statute.and may be exercised concurrenUy,independentty .
<br /> . � or succesivety. . ,.
<br /> , : � 13.Trua�e.The Trustee may resign at any Ume without rause,and Lender may at any tlme and w(thout cause appoint a suo- . '
<br /> • cessor or substitute Trustee.Trustae shall not 6e tlabie to eny paRy,Inctuding without IimitaUon Lender,Borrawer,Tnistor ar eny pur- .
<br /> " • , chaser oi the Property.for any Ioss or damaga untess due to recktess or wiiitul misconduct,and shait pot be requlred to take any actlon ; ,
<br /> ;;;. in connection with the entorcement ot this paed oi Trust unless inaemnifled,in viriUng,for a0 costs,compensaUon or expenses which '. � .
<br /> � � � may be assaciated therewith.in eddiUon,Trustee may become a purchaser at any sale oi the PropeRy(Judicial or under the powet oi , . �� `�
<br /> , . •• � sate granted hesein);pastpone the sate ot a0 or any portian ot the PropeRy,as provided by law;or sell the Prope�ty as a whote,or!n - .. •
<br />'�;j�•. � . separate paroets or tots at Tn�stee's discretion. - ' �
<br /> �•' � . 94.Foes and Eupsnsea.tn the event tnistee selts the Property by exerclse ot power of sate,Trustee shail ba entiUed to epply � • . �.
<br /> - . ' . � any sate proceeds ti�st to payment oi atl eosts an0 expenses ot exercising power ot sate,inctuding ail Trustee's fees,and Lenders and �•
<br />_ � Trustee's attomeys tees, actualty incurred to extene permitted by appitcabte law.In the svent Borrower or Trustor exerdses any dght
<br /> � � � ' � pravided by law to cure an Event of Qefautt,Lender sh�ll be entiUed to recover irom Trustor ail costs and expenses actualiy incurred es ,
<br /> • a result of Trustors defautt,inctuding without IimitaUon ati Trustee's and attomeys fees,to the extent pennitteA by appllcabte law.
<br /> �� - .. _______._.•• 15.Futura Adwances.Upon request of Bocrov�er,Lender may,at its opUon,make additional and future aQvanoes and teaQ- � ,_ _ _ �- .'.•_
<br /> . , vances to Borrower.Such advances and readvances,with intefest thereon,shall be secured by this Deed oi Trust At no dme shall the �
<br /> . �
<br /> •�„�-. ....__ ;..�.u-�,, , . , •. . •• � .., . . � . �-.:
<br /> � . . . • . . .
<br /> � R . .. . t _i . Y.:. � 1� .,. . .' .. ,
<br /> . . � .
<br /> . ,. ..... �...• _ .. � ......-. - ' ' '
<br /> . .
<br /> '1'. ..'_.. ._ . 1 � -� ..-ti:.- .._`.i -.�•..a•.. ._.�'L-..__•.Y' . ....i" -._,_ . .L�. .a ��__.:L _..•_�l!zi:-".a'c�.`Y_'r-a'.'.,�.=.�3.'L^:°.'1L•t'•�:�t .L_.
<br />
|