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. - � �` ' ��b0`bii64 <br /> 11. Condemnetion. The proceeds of any award o�payment or claim fo�damages, di�ect or consequential, in connection with any <br /> condemnation or other taking of the Tiust P�ope�ty, or any pa�t ihereof, either tempora�ily or permanently, or for conveyance in lieu of or in <br /> anticipation of condemnation, are hereby assigned to and shall be paid to Beneficiary. Trustor will file and prosecute, in good faith and with <br /> due diligence, its claim for any such award or payment, and will cause the same io be coUected and paid to Benefrciary, and should it fail to <br /> do so, T�ustor irrevocably authorizes and empowers Beneficiary,in the name of Tiustor or otherwise, to frle,p�osecute, settle or compromise <br /> any such claim and to col%ct, receive for and retain the p�oceeds. /f the Trust Property is abandoned by Tiustor, or, after notice by <br /> Beneficiary to Trustor that the condemnor offerS to make an"award o�sett/e a c/aim for damages, T�ustor fails to respond to Beneficiary <br /> within thirty 130J days after the date such notice is mai/ed, BenefiCiary is authorized to col%ct and apply the proceeds in the manner indicated <br /> herein. The proceeds of any award or clarm may, after deducting all reasonable costs and expenses, including atto�neys'fees, which may <br /> have been incurred by Beneficiary in the co!lection thereof, at the sole discretion of Beneficiary, be released to Trustor, applied to restoration <br /> of the Trust Prope�ty, or app/ied to the payment of the Ob/igations. Un/ess Beneficia�y and T�ustor otherwise agree in writing, any such <br /> applicarion of proceeds to the Note o�Guaranty, as applicable, shall not extend or postpone the due date of any regu/ar installments called <br /> for thereunder or change the amount of any such installments. <br /> 12. Environmenta/Represeniations and Warranties;/ndemnification;/nspection and Testing. Trustor�epresents and warrants that, except <br /> as disclosed in writing to Beneficiary and except whe�e Trustor has obtained the requisite/ocal, state, and/or federal permits and approvals, <br /> Trustor does not and will not generate nor have in its possession any haza�dous or toxic wastes, chemica/s o�other substances, the <br /> generation or possession of which are governed by local, state and/or environmental laws, ordinances, decrees, regu/ations and statutes <br /> lhereinafter "Environmental Wastes"l. Trustoi further represents and warrants that it is not presently ihe subject of any environmental <br /> inqui�y, litigation, administrative proceeding or th�eat thereof by a gove�nmental authority, and that Trustor shall promptly notify Beneficiary <br /> of same if any of the foregoing does occur. Tiustor a/so represents and warrants to Beneficiary that rt is not subject to any judgment, dec�ee, <br /> order or citation re/ating to or arising out of a violation of local, state or federa!environmental laws or regulations. Trustor shall also provide <br /> Beneficiary when applicable with copies of all appropriate envi�onmenta/pe�mits and app�ovals. <br /> Trustor wanants and represents that there are not now, nor to the Trustor's knowledge after reasonab/e investigation have there ever been <br /> Environmenta/ Wastes stored, deposited, treated,recycled"c�r disposed of on, untfe�, or at the Tiust Property finc/uding tanks or other <br /> facilities thereon containing suEh materials/, which materi�ts or contained mater�ra/s, if known to be present on the property or present in soils <br /> or ground water, would�equire clean up, removal, or othe�remedial action undei environment2'l laws. <br /> Trustor will indemnify and hold harmless Beneficiaiy, its successors, assigns, employees, agents,parent, affiliates and subsidiaries, and each <br /> of ihem, from any and all claims, suits, damages, liabilities and expenses arising out of or in connection with any alleged o�actual pollution <br /> or contamination of the ground, water or air of, on or near ihe Trust Property. <br /> Beneficiary may at any time hire the services of an environmental consulting and/or testing company to inspect the Tiust Property with the <br /> costs thereof to be charged to Trustor. T�ustor shall not re/y on such inspection nor shall Trusto�be relieved thereby of conducting its own <br /> environmental audit or taking such other steps as are necessary to comply with environmental laws and regulations. <br /> 13. Trustoi Not Re%ased. Exiension of the time for payment or modification of any amortization of the Obligations granted by Beneficiary to <br /> any successo�in interest of Trusto�shall not operate to re%ase, in any manne� the liability of Trustor and Trustor's successors in interest. <br /> Beneficiary shall not be required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify <br /> amortization of the Obligations by reason of any demand made by T�ustor and Trust�r's successors in interest. <br /> 14. Additiona/Covenants. /n addition to any other covenants of Trustor made in any other agreement, instrument or document, Trustor <br /> shall comply with the covenants set forth in any Ridei attached and made a part of this Deed of Trust. <br /> 15. Schedu/e of Leases. Wiihin ten (f0J days after demand, Trustor shall furnish to Beneficia�y a schedule, certified to by Trustor, setting <br /> forth a///eases of the Trust Property, or any portion thereof, including in each case, the name of the tenants or occupants, a description of <br /> the space occupied by such tenant or occupant, the renta/payable for such space, and such othe�information and documents with respect <br /> to such/eases and tenancies as Beneficiary may reasonab/y-�equest. <br /> 16. Covenants of Trusto�with Respect to Leases. Without the prior written consent of Beneficiary, Trustor shall not, directly o�indirectly, <br /> with respect to any lease of space in the Trust Property, or any portion thereof, whethe�such/ease is now or hereafter in existence: <br /> (a/Accept or pe�mit any prepayment, discount or advance payment of rent hereunder in excess of one month, <br /> (bl Cancel or te�minate the same, or accepi any cancellation, termination or surrender thereof, or permit any event to occur which would <br /> occur thereunder to terminate o�cancel the same, other than termination for nonpayment of�ent, <br /> (cl Amend or modify the same so as to reduce the term thereof, the rental payable thereunde� or to change any renewal provisions <br /> therein contained, <br /> ld/ Waive any default thereunder o�breach the�eof, . <br /> lel Give any consent, waiver br approval theieuniier oi take any other action in connectio� therewith; or with a/essee thereunde�, which <br /> would have the effect of impairing the value of the lessor's interest thereunder or the property subject thereto, or of impai�ing the <br /> position of interest of Beneficiary iherein, or <br /> (f) Sel% assign,pledge, mortgage or otherwise dispose of, or encumber its interest in any said/ease or any rents, issues,profits issuing <br /> o�ansing thereunder. <br /> 17. Waiver of Statute of Limitations. Time is of the essence in a!l of T�ustor's obligations and duties hereunder;and to the extent pe�mitted <br /> by law, Trusror waives all present or future statutes of limitation with respect to any debt, demand or obligation secu�ed hereby and any <br /> action or proceeding for the purpose of enforcing this Deed of Trust o�any rights or remedies contained herein. <br /> 18. Assignment of Deposits. /n the event construction of improvements is contemp/ated by the Ob/igations secured hereby, as additiona/ <br /> security therefor, Trustor hereby transfers and assigns to Beneficiary, all right, tit/e and interest to any and all monies deposited by or on <br /> beha/f of Trusto�with any city, county,pub/ic body or agency, sanitary district, uti/ity company, and any other body or agency, for the <br /> installation or to secu�e the installation of any utility by 7rus7or,pertaining to the Tiust Prope�ty. <br /> 19. Oiganizationa/ Existence. If Trustor is an oiganization organized under the/aws of a state, it wil!do all things necessary to p�eserve its <br /> existence and all rights and privileges under the laws of the state of its organization. <br /> 20. Fo�bearance by Beneficiaiy Not a Waiver. Any delay by Beneficia�y in exercising any right oi remedy hereunde�, or otherwise affo�ded <br /> by applicable law or equity, shall not be a waive�of or p�eclude the exercise of such right o�remedy or of any other right or remedy granted <br /> hereunder or at law or equity. The failure of the Beneficiary to exercise any option to acce%rate maturity of the Obligations secured by this <br /> Deed of Trust, the fo�bearance by the Beneficiary before or afte�the exercise of such option, or the wiihdrawa/or abandonment of <br /> p�oceedings provided for by this Deed of Tiust shall not be a waiver of the right to exercise such option or to acce%rate the maturity of such <br /> Obligations by reason of any past,present or future event which would permit acceleration undei the Section entitled "Acceleration of Debt; <br /> Foreclosure"herein. The procurement of insurance, the payment of taxes or the discharge of liens or charges by Beneficiary shall not be a <br /> waiver of Beneficiary's right to accelerate the maturity of the Obligations hereby secured. The Beneficiary's receipt of any awa�ds,proceeds <br /> or damages under ihe Section entitled "Hazard lnsurance"and the Section entit/ed "Condemnation"herein shall not ope�ate to cure or waive <br /> default by the Trusror unde�the Section entitled "Events of Default"herein. <br /> 21. Remedies Cumu/ative. All remedies provided in this Deed of Trust a�e distinct and cumulative to any other right o�remedy under this <br /> Deed of Trust or affiorded by/aw or equity, and may be exe�cised concurrent/y, independent/y or successive/y, and as often as the occasion <br /> therefor arises. <br /> 22. Successors and Assigns Bound;Number;Gendel;Jornt a�d Severa!Liability;Captions. The covenants and agreemenis herein c�ntained <br /> shall bind, and the rights hereunder shall inure to, the respective heirs, lega/representatives, successors and assigns of Beneficiary, T�ustee, <br /> and Trustor. Wherever used, the singular number shall include the p/ural, the plural the singu/ar, and ihe use of any gender shall be applicable <br /> to all genders. All covenants and agreements of Trustor shall be joint and several;p�ovided, however, that if the Trustor is an individual, <br /> nothing contained in this Deed of T�ust shall in any way obligate a spouse of the Trustor to pay the Obligations unless such spouse also signs <br /> the Note or the Guaranty. The captions and headings of the Sections of this Deed of Trust are for convenience only and are not to be used to <br /> interpret o�define the provisions hereof. <br /> 23. Notice. Excepi for any notice required under app/rcab/e/aw to be given in another manner, (aJ any notice to Trustor provided fo�in this <br /> Deed of T�ust shall be given by mailing such notice by certified mail, return receipt requested addressed to T�usto�at its mailing address set <br /> forrh above o�at such other add�ess as Trusto�may designate by notice to Beneficiary as provided herein, and(bl any notice to Beneficiary <br /> or Trustee shall be given by certified mail, �eturn receipt requested, to Beneficiary's and Trustee's mailing addiess stated herein or to such <br /> othe�address as Beneficiary or Trustee may designate by notice to Trusto�as provided he�ein. Any notice p�ovided for in this Deed of Trust <br /> shall be deemed to have been given to Trustor, Beneficiary or Tiustee when given in the manner designated herein. <br /> 24. Governing Law;Severabi/ity. This Deed of Tiust shall be gove�ned by the/aws of the State of Nebraska. ln ihe event any provision o� <br /> clause o!this Deed of Trust conflicts with applicable law, such conflict shall not affect other provisions of this Deed of T�ust which can be <br /> given effect without the conflicting provisions and to this end the provisions of this Deed of Trust are declared to be seve�ab/e. ln the event <br /> that any applicable law in effect on the date of the execution of this Deed of Trust limits the amount of interest or othe�rtems which may be <br /> lawfully cha�ged and is interpreted in a manner such that any payment provided for in this Deed of Trust or in the Note or the Guaranty <br /> /whether considered separate/y or together with other payments that are considered a pa�t of this Deed of Trust and this transaction) <br /> violates such law, such payment is hereby reduced to the extent necessary to eliminate such violation if the Trustor is entitled to the benefit <br /> of such law. <br /> �_ � <br />