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0 <br /> _ 2� 1 ��8341 <br /> � during �he t�rm of fihis �rus� deed wlll a� a11 times compfy in all respec�s, wE�h all �nvironmental latirvs; <br /> Trusfior has ob�ained and will main�ain a�� licenses, perm��s, au�hori�a�ions and r�gis�ra�i�ns requlred <br /> under any env`[r�nm�n�al [aw and necess��y for ifs ordinary ��urse opera�ians, a!I such env��onmen�a� <br /> permi�s are in good s�anding, and Trusfor is in campiianc�wi�h alI ma�eria[term�s and candi�ions of such <br /> environmen�ai perm��s; nei�her Trus�or n�r any of i�s presen� Proper�y or a�e�-a�i�ns is subject to any <br /> �u�s�anding wri�en order fram ar agre�ment wifh any governmenfa! au�hority ar subjec��a any�udicia[ �r <br /> dacke�ed adminis��afii�e pr�ceeding, respecting any enviranmental law, envirvnmen�aI c�aim or <br /> hazardaus ma�eriai; �here are no hazardous ma�er�ais ar Qther canditiQns or circum�fances exis�ing, ar <br /> arising from operations prEor�o the d��e af�his firus� d��d, with resp��t�o any P�op�rt� of T�us��r tha� <br /> would reas�nably�e e�pec�ed�o give rise ta materla�envir�nmen�al cfalms. ln a�di�ion,Trusfor shall ho�d <br /> L�nde� harmless from any lia�i[ity far en�ironmen�ai �vas�e ar con�amina�ian on any Pr�perty awned or <br /> oper���d hy Trus�or ar�iability imposed as a�ansequence by reason af Trusf�r's ac�ivr�ies an�wi![d�fend <br /> and indemnify Lender agains�a�l cCa�ms, Iasses, [iabi[i�ies, and expenses incurred by L�nder as a resuI� <br /> �hereof. This covenan�wiIl survive cancelia�r�n, exp�ra�ion or��ermina�ian af�his�rus�deed. <br /> 6� Each �f the faIlo�r�ng shall consti�u�e an even��f defauIf: <br /> a. Failure fa make any paym�n�vvhen due under an}� Loan Documen�ar o�her�bliga�i�n secured by <br /> �his trust deed. <br /> bR Failure �a pay any �iens, �udgmen�s, assessments, �axes, ren�s, f�es, or �harg�s �r main�ain any <br /> insu�ance ❑n �he Prap�rty, buildings, fix�ures, a�tachmen�s, or �mpra�emen�s as p�o�ided in this �rus� <br /> deed, �r in any o�h�r Loan Document. <br /> c.Any breach or ma�erial misrepresentati�n of any term, agreem�nt, cov�enanfi, c�ndi�ion, certif[ca�ion, <br /> repres�n�a�jon ar vtirarran�y as prnWided in �his�rus�deed, o�any o�her Loan Document. <br /> d, Sale, �ransfer, or conveyance of �he Pra�erty d�scribed her�in wi�h�u� prior wrE���n cansen� �f <br /> Len�er. <br /> e� An� use of Ioan pro�eeds for a purpose tha��ril[ �ontribut� �o e�cc�ssive er�sian of h�ghIy ervdib[e <br /> Iand or�o �he conve�sion �f v�etlands�o p�oduce a�fia make p�ssib�e�he p�oduc�ion Qf an ag�icul�ura[ <br /> commadi�y, as further explalned in 7 CFR Part �94�, Subpart G, Exhibi�t�I![. <br /> f. The dea�h, d�ss�lufiivn or inso�vency of any Trus��r; the appajn�menf�f a receiver fvr any Trus�or or <br /> �heir Praperty; any assignmen�for the benefi� of creditors by�he Trusfor�; or app[ica�ion of any debfiar <br /> reli�f la�r to Trus�or, incIuding any fiype of vtirork�u� ar commencemen� �f proceed�ng under an}� <br /> bankrup�cy ar ins�lvency Iaws by ar againsfi any Trus�a�or Borro�►ver on any Loan Documenf or ofher <br /> �b[iga�i�n secured by�his f�us�d�ed. <br /> g. Any of �he pr�ce�ing even�s occurs wi�h �espec� �o any guaran�ar, endorse�, sure�y, or <br /> accammadafxon par�y of any of�he �bl��af�ons or any guarantor, en�ars�r, sure�y, or accammada�ion <br /> party dies ar becomes�ncompe��n�, ar r�vokes��disputes�he�ral�di�y of, �r I�abili�y under, any guaran�y <br /> of�he�bligafiions. <br /> 7'. ln �he even��f a defaul�and a�any�rme�hereaf�er, Lender, at i�s op�i�n, subjec��o any requiremen�s <br /> under �h� Farm �redi� A�� �r o�h�r appl�cable fed�ral ar s�a�e �a�rv, may exercise ane or mor� �f �he <br /> foIIa�ring righ�s and rem�dies, in add���on �v any o�her rights�r r�medies permit�ed by Ia�r: <br /> a. Dec�are al� �bliga�i�ns secured hereby to be immediate�y due and payable and �he�ho1�wi1� laear <br /> In�erest a��he defaul�ra�� as pr�vided in�he Loan Dacumen�s. <br /> b. L�nd�r may immedia�ely authorize T�usfee �o exerc�s� �he powe� of sale granted her�in in th� <br /> manner provrded in �he Nebraska Trus� D��ds Ac�, ar, a��he op�i�n of�he Lender, may far�c�os� the <br /> �rus� de�d in �he manner pro��ded by latir�r for�he forecI�sure �f mortgag�s an rea� pr�perty, �nclud�ng <br /> the appainfimen�of a�ecei�er upan ex par��applica��on, nQ�ice b�ing h�reby expr�es�ly vtira�ved, w��hau� <br /> regard �o �he value af�h� prop�rty or �he suffic�ency �hereaf�o di�charge �he indeb�edness secur�d <br /> hereby�r in �he Loan Documen�s. � <br /> Shou�d Lender elect�a e�cercis� th� power of sale gran�ed herein, Lend��r�r�11 notify Trus#ee Uvho wiIl <br /> record, publish, and deliver��Trus�or�s} such No��c��f Default and No�ice of Sal� as�hen requ�red by <br /> Iaw and will �n �h� manner pravided by 1a�v, sell �he p�aperty a�the��me and plac� of saIe fxed in �he <br /> n��ic�of sa1e, e��h�r as a�rhole o�in s�para�e �o�s, parcels, or items and in such arder as Trus�ee w�li <br /> deem e�pedien�. Any per��n may bid a��h�sale inc�uding Trus�ar, Trust�e, o�Lend��. <br /> c� Lender, either in pers�n ar� by agen�, wi�h �r wifh�u� bringing any ac�i�n ar proceeding and wifh �r <br /> wifihou� regard to �he value of �he Praperty or �h� sufFici�ncy fher�of to d2scharge fhe �b�igati�ns <br /> , secur�d here�y, is au�hor�z�d and ent�t�ed�o en�er upon and take posse�sion af�he Property in i�s awn <br /> name or in fhe name af �he Trus�ee and do any ac�s or� e�cpend any sums i� deems necessary or <br /> desirable�a pro�ec�a�preserve fhe value of�he Praper�y or�ny infiere���herein, ar increas��he inc�m� <br /> �herefrom; and wi�h or�r�ri�hou�fiak�ng �ossession of�h� Property i� authorized �o sue for or otherwise <br /> App#:54'!�957; CIF#:5E0�4; No�e#:3���844 ���EA LegaC Doc.Da�e:November 3�,�D'�E <br /> F�RIIli���'i,Trusf De�d and Assignment o�Ren�s Page�v�8 <br />