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<br /> `''•'° �� , �prcceeds7 U�cotmecBon a9th condem�t[on ar other taking of ths Propsrty or part thereof.or tor eonveysnce in Qeai of oomfemnaUon. , < .
<br /> :.� - � lender shaD De entitled a!its o�ilon m oommercce.apRsar 1n and Drose�e in its ovm �ame any edIon or pr�t�sdtng9.artd.shall eiso �`�;�.�•':
<br /> .<�.....�..`�,�'.`:.'..;°` ba etrtdied t�ma[ce arry mmp�mise ar setttsment in�nneetion v�ftft such tatctrtg or eamag�.t�ths event arry portIon o4 tAe Praper[y is ,. .,
<br /> •; ;�.": �. `F? so talcen ar tlamaged.t enQer shatf t�av8 tha eP�►in i�sola sr��ebsoIut�Qlsaetton.�o apply ai!such Oroceads. aRer deductin9 :;�.::�`:.
<br /> `� � 9�aefrom att oasts and expansss Irtcurtsd 6y i4 in cohnedion Mritt�sutfi Pmceeds.u�n anY indeDte�ess secured t!enreby and In such ,:< .
<br /> _...,,: ,. �£ . � ocod�r as Ler.der+naN d$term�na.or to ePytY ell such Procesds.aftar su�dedudJcns.to the re�tocatifln oi�e PrcAeRY�Pon such cnn- y f,k x
<br /> • .�f'��,� �ns as ter�Qer may determTrta My appIIcattan oi Ptvce�eds to MQ�bOedness.shall not extend or Postpons the due Qate of a�r pay- .
<br /> ` �� ' } ` �. '. me�ts underthe t�tate.ar cure any detautt ihereunder or hereunQer.MY unaPi�Sd tunds s�aU Oe patd to TrusUor. . �^��--
<br /> � • g,p@rfamiattts by Lsm9er.Upon the acarrence oi an Event of Oefauti hereundar.or ff any act is taken or tegal pro�eding .�
<br /> _ ,�� .��``��v��� `�� � commenoed which materfaltyy atieds Lendar'a inierest in tha Property.Lender may in fts cwn discretioa.but withouE e0ligati�nn fa do so, �`�� F.
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<br /> . end wIt!►oui noUoe to ot damand upan Tiustnr and wlthoui ceteasiag Trustor fmm any opQgation.do any ect whirh.Trt�r h�s ag�eea :� :�,.
<br /> � ��°� but failed to da a�r,t may atso do any aiher aCt it desms neoessary tn pratect the securiry heceof.Tn�stor sha14 immed�iaUatY uAon :� `�`.
<br /> ` -'` demand titeretor 6y Lender.pay to i.enderaB ca9ffi snd exDe���azsd s�uns e�d bY!et�dsr tn connectton�vith the exer-
<br /> - ` f• ��� cJse try les�der af the fore�ing dghb.to8ether wtth inferesE thereon et @�e deiault rate provided in the No�a.whIrfi shal!bs added W
<br /> `�:. the indebtedness seaugd hereby.L.ender shalf not incur any liatiifity beCauss of anythtng(t may d'o or amit to do here�mder. � _�
<br /> � s, 9.H a a a r d o u s l�l a L e r t a:s.T r u s t o r s t�a l l k e e p t h e P r o p e R Y i r►w m p i t a n c e w i t h a U a D Diicab(a taws.ordinances and regufations �� _�
<br /> : ��.� re�abng tn tndusLrial hygiene or envimnmsntal P��a�(��e����f°herein as'ErntronmeMat l.aws7-Trusbor shati tceep �,�
<br /> . . °,. ... ;''.. iho Proparty fres fmm all substances deeme4 to 6e hazardous or t�dc under anY F�v i r o n m e n l a l L a�+r s{coile e�v e i y�eferred to heretn �°v,;
<br /> �« � . � � .., es"Haaardous Matedais'.Tnc�or hereby warrants arsd representS to Ler�der thai there are no Haaaidoe�s Maieriais an ot urtder th� - ;
<br /> offiee�s emplQYees and�ents.and any s�ccoes* ��4 ,
<br /> E . poopeRy-Tt�star hereby agre�s ta inde�nnHy and hofd harmtess Lsnder.i�dhe��s. , .w_
<br />= � • sars W Landers trterest.from and against anY and atl c�aims.dama8os.losses and I'iabiliEtes adsing tn coanectton vrith.the Dresance. ;.�:
<br />.' ,'�; �' use.dtsposal ar transRort of any Nazacrtous Matertais on.under,from or about t1�e ProDerty.THE FOREC;OiNG WARRANTIF-'S AND ' ,��.;.=-
<br />-��' � � REpRESEMTATIONS.ANO TRUS'fOR'3 C18UGATlONS PURSUANT TO THE FOREti�lNCa l(dDEMNITY.SHALL SURVIVE _'_.<:��...'
<br /> <.t� , .� ,. `:;":'�.:�� RECANVEY/WCE OF YHlS OEED 0�Tt�US7'. -'
<br /> �� 4 «' 10.A�qstg�unent a!Rerta.Tnrstor hsreby asslgns W Lsndar,and grartts Lender a security interest tn,aD present,tuture artd , ,
<br /> ,�`.. : ::�'- aft�r arising�enLs,Issues and�ro6isof ths ProA�Y.D���at Tiv3tor sha0.untU tha acaqrence of an Event of DefaW�hereunder. `:,,i,.
<br /> ' have the rtghtto coVect and retatn such[enis,issues and profits as tney become due and payabte.Upon the occurrence oi an�verrt af „- �;•
<br /> _.,�•` .:: ,,.',::_. , tteiautt,Lender may,either.�n perscn er by agsn�w�th or wiUwut bdnging any ecflon or proceedtng,or by a receiver a�a�t e c t by a tr
<br /> - court ss�d v�ou4 ieg a r d t�t he a de�tuacy o f(t s s e c i t T i t y.e r rt e r u p o n a r i d t a k e p a s s e s s i o n o f t h e R ro p e r t y.a r e p l►P a r E t h e r e�fi i t� o w n �`:fT�...:
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<br /> � rtame or ia the name of the Trust�e,end do any acb whtch tt deems neaassary or desiraDte to preserve C"�vatua.marketadllity or
<br /> ,�.�'`' � '.�'u '' refltEbit'ity of the Pcaperty.or any paft tfiar6af ar tnterest thereU�.or to�ncrease the tnaome thereftom ar pr+b'�...�3he seCUriry hereof and. � -.�
<br /> r; ��; `: . � '�> vrith or witftout taldng Possssston of t�e Property.sue for or othennrise colled tha ceMs.,��es and profits�f�indudi�g thase past� . < Z.�
<br /> ,h���`'_.,_.�`_�_�-;::�:. d�and�pa!d.b;no+.�f,�sg L�nL#ta m2ke oaymer�ts to I.ender.Lender maY aDAh/�.�es and profris.tess oosts and ex�ens- � ';^,.-:
<br />�,'� ...�; . es of operation and coti�ction indudlrtg attam�eYs feea,m�y indebtedness secure0 heneby.ail In such oNer as Lender may deter- . � ��,�''_''
<br /> �i .. ; . •. mine.The enteNng upon end fsktng possessfcn oi the ProDeRy.the witection oi such rerns.issues and prolib.snd 1h8 epAflq�on � • �.
<br /> `-� • thereof as aforesafd shafl not cure or ava[ve any default or nodce of detauit hereunder or tnv��idate arry act done in tespnn$e to su� �'�k°r'`.
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<br /> � � � ' � • Qefautt or pu�suant to such notica of default and.natwlthstanding the cor�nuance in.possesston of the properiy or tfte coQection.
<br /> "�� �,�. :- ", '`" [eceipi and appltcatlpn of�ents;tssues ar profits.Tnrste,a and Lencter sheil be en9Ued to exerc�se every rtght providea tor tn arry of the �":�
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<br /> f,.�.:;:�...','• : loan tnsbuments ar by faw upon accucrena�af any Event etD�fauli,inc(ud�g witnout timitaBon the dght to exercise tNe powsrof safe. �:,..�
<br /> �:. ; :� � �; FaAher.LendePs dghts and remedtes urtQer Ws paraSraPh shail be cumutative with.and in no way a limitation on.londa�s rfghts and �'�;�,;.
<br /> remediea undsr aay asslgnment of feases end rents�ecorded against the Prope�ty.Lender,Ttustee and tiha receiver shal!be Uabte to �` "'-'
<br /> ;• �' • acwunt oniy tor lhoss[enta aeNalty received. • _ . ��,�,,,`,
<br /> � ��', - - •11.Ev�r�of Qatault-The foitow,ing st�alt consUtuts ea Event ot Oefauli under thls Deed of TrusC. .
<br /> �`` � (a}Faiiure to pay any InstaHmant af pdr�cipal or interest or any cther sum secused hereby wt�ert�ua; _
<br />� ••. . �� . . �',_;'�'�`-
<br /> � � .,, .' (b)A breach oi or detautt under eny prov(s1on coniained in the Note.thts Deed ot T�ust,arry of the Loan instrumenb,or any �„ _ _.
<br /> � _ ott�er Iien or encum6rartce upon the Property; �"`�".
<br /> " (c)A wrtt oi execuUon or attachment or arry similar process shall be entered against Trustor which sha11 become a lien on �:��..,
<br /> -� � the Pmperty or arry portion thereof or(nterast Nerein; �.m='
<br /> �.>.. � ti •• (d)There shall be fited by aragainst tru9wr or Borrower an action unQer any present or fu�re federal.state or other statute. �,-�-�
<br /> ��`, • Isw or regulatton relating to bantwptcy.insoivenay or other retiet for debtors:or there shall be appotnted any dvstae.reeoiver or • ��•;��,,
<br /> liqt�idator oi 1'rustot or Borrower or oi all or any paR of the PropeRy.or fhe rents,issues or proftb thareof,ar Trustor or Borrower ,,.� _
<br /> �.-'�' ' �;'� � sira{!ma4cs any genera!asstgnment for the benafit of creditors; � ��___
<br /> �''` (e)The sate.transter,tease. assignmenL cenveyance or fuRhet encumtirance oi a11 or any paR oi or any interest in the � --
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<br /> Prope�r.e(ther wluntarlly ar tnvotuntarUy.w(thouf the express wr4ttan canserd ot Lender;provided that Trustor s�a11 be pennit �' =-`
<br /> �'•`' � .�� � �• ted te execute a lease otttte Property that does not oontein an optton to pur�chase and the tertn cf whlch doea nui exceeQane �r=`='
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<br /> . . ' .. . � year.
<br /> :f'°. _ � (f�A4�andonmer�ot Ne Property;or _�'
<br /> - (g)If TrusW�is not an indtvidual,the tssuance,sale,transter.asslgnment,com►eyance or ettcumbrence a!more than(d a _ _;.,
<br /> • �., , �•�.�., ., wrporatton)a Gotal of peroent of its tssued and outstanding sflock.or(if a partnership)e totaf oi per-
<br /> • .• • cent W partr��,rhip interests,or(it e Itmlted liabttity compa�a tolaf oi percent oi the Ilmited IiaDiliry oompar
<br />'�3' � . �� , ny interests or voi�ng�tghts during ffie pedod this Ceed of Tru3t rematns a lien on the property.
<br /> � � • 4 Z.Romadtes;Aewt�ratton Upon Defautt In the event af arry Event oi Default Lender may,without n�Uce exoept as�equired .
<br /> � ��� '.� by taw,decfare all indebtedness secured hereby to be due and�yable and the same shail thereupon bereme due and Dayab�o w1G�- . •
<br /> >.,, .
<br /> - � ' out any presentmer,b�mand,pratest or no8ce at any kind.fieraafter Len�er may: , _
<br /> '. . ' , (a)Demar.d tlat Yrustee exe�ise the POWER OF BALE grante�h;�rein.and T�ustea shall th��after cause Trustofs iriter-
<br /> • • • - est tn the Property to be sald and the proceeds to bg distributed,ail;�the rttanner provlded In the Nebraska Trust Deeds Act; . .
<br /> . . (b)Facerc(se any and 23 rights provlded for In eny ot tha Loan tnsVUments or by law upon occurrence of any Event of
<br /> __, . Detauit;and �
<br /> (c)Commence an acDQ�to foreclose thla Deed of Tr�as a moRgage,appolnt a recelver,or speciftcafly enforce any ot ihe
<br /> ' . • oovenanta hereoL . S`
<br /> � No remedy herein o�nferte�upon or reserved to TEUStea or Lender is inter.C2:�4 to be ex�tusive of any o�°r 2medy hereln,in the Loan
<br /> � • '��t tnstruments or by Iaw proviQed or pertnitte0,but each shati be cumu�aUve.5��7 be in addiUon W every cfA_r remecty gtven hereunder.
<br /> . in fro loan Instruments or now or hereafterexlsting at taw or in equity or by statute,and may be oxercised concurrently,inQependenNy
<br /> . . ar��cestvary.
<br /> � • � 13.Trustoa.Tha Truslee may resl8n et any Ume wiU�out cause,and Lender may at any Ume and without cause appoint a suo-
<br /> � cossor or suhstitute Tnistee.Trustee.sha11 not be Habte to any party,tnctu�ing vulthout timltaUon Lender.8orrowar,Tcustor or ar►y pur-
<br /> � cfiassr ai the Proporty.tor any toss or dama�e uniess due tn reckless or wU1fN miscartduct,and shall not be reQufred to t8ke any actlon .
<br /> � in connecNon with the enforc+ement of tP�is Deed of Trust unless indemnifled,in w�iUng,tor el1 costs,compensatlon or exp.enses which .
<br /> • � ' may be assoctated therav�tth.In addiUon,Trustee may bacome a purchaser at any sale of the Property(�udicial or under the power o! •
<br /> . � sale granted heseln};postpone the sate ot afl or any portion oi the ProDerty,as provlded by law;or seil tha PropeRy as a whote.or 1n
<br /> �:::. .� separate paroefs or tots at Trustee's discreUon.
<br /> Y � � . ' 14.Fe�s and E�cpensea.In the evenl Trustee seits lhe Property by exercise ot power of sate,Trustee shall be entltted to appiy •
<br /> • ' �� any sate proceeds flrst t�payment ot att costs and expenses ot exercising power of sate,Inrduding ail Tre�stee's fees,and LendePs and
<br /> ,' •• Trustee's attomeys tees, actually incurred to extent pertnitted by appiicabte law.In the event Borrower or Trustar exercises any right
<br /> • � � provided by law to cure an Event of befaNt,Lender shalt be enBBed to reoover trom Trustor all costs and expenses actuaity inwrred as
<br /> � � . � a result oi TrustoPs Q�fau14�ncluding wilhout limifetlon all Trustee's and attomey/s Pees,to the extent permitted by applicable taw. , .
<br />,_ .___._ _. __:.. _. 15.Puture Advaaees.Upon request ot Borrovrar,Lender may,et its option,make addittonai and future advancss and read- .
<br /> - -_-°°- .
<br /> vances to Borrovrer.Such advances an0 rea�vances,with mterest therson,sfiali be secure8 i�y ti�is t3eed oi��t9i.Ai na titse shaA tSxs
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