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<br /> ' the Property is ao taken or damaged,l.ertder shail have the option,in its sois_and absolute discreUon,to appiy aN,suC�ProCeed�,
<br /> after deducting therefrom all cosb and expenses incuned Dy it in cone�eciion with such Pracaeds,upon any:ndebtedneas ae+cured
<br /> hereby and in such order as Lender may determine,or ta appty all such Proceeds.after sush deduotion9.to the r�afuraUon of ttta
<br /> � Preperty upon such consitions as Lender may determine.Any appfication ot Proceeds to indebtertness at►ai6 mot�xtand or poaq�ne
<br /> the due date of any payments under the Note,or cure any det�ult thereundar or hareunder.Any unappSie3 FunAt�8�ta19 tie paid to.
<br /> Trustor. ,
<br /> e. �.�,�e•ey t.naK.Upon the accnrrenca af an Evar+t a!ET�afau{t hareunstsr.er'sf any ac+t is ta#:en o:�f���t:grpceedinQ• .
<br /> commenced which materia!!y aiteats Lender'a(nterest in the PropeRy.Lendec may in ita own�iscretion,but withutd trltlipMipn to do
<br /> sa,and withaut nottce to or demand Upon T�ustor artd wlthout reteasing Trustar 4rom any obligatipn.do any�act whir.h tnir,�ar has
<br /> ags8ed but fails to do and may atso do any ather act it deems necessary to protect the security hereof.Trusta�sht1i1;1mmodfatety
<br /> upon demand therefor by Lender,pay to Lertder aU cos�s and expenses incurred and sums ex{�ended�by�endt�r:tn,;.��nectian with
<br /> the exerc9se by Lender of the toregoing rights,tagether with interest thereon atthe defautt rate�rovidod in thcf�ute,which shall be
<br /> added to the indebtedness secured hereby. Lertder shafl not inaur any tiabitiEy 6acausa of anythtng it;mAY.°tio•or omit to do
<br /> hBrBllf�.�F.- ' .
<br /> g. #�zz;�as 6�Iat�rWs.Trust�r sha!1 keep the Property in comp4iance with all applicable tatvs,.or�illtinCes and regulaUoas
<br /> �g��rs,�;�r.:�:;a����?�ygierte or environmentat protection(collectivety reterrad to herein as"�m�iroamAnlut•La�va'�.Trustor shall
<br /> keegt�-��raFer!y faee from a«�ub&tarsces deemed to be hazardous or tnx�a underany Emironmenta11.81vs��d1[�cti�cely referred to
<br /> hereirx,�s"Hazsrd=us Materi.=.�s 7.Trustor hereby warrants and represents to l.ertdsrthat there aru c�u t�aaard�us Materials on or
<br /> urtderthe Property.Trustor hereby aqrees to indemnity and i�eld harmSess lend6�,its directura.offiaers,empfoy�es and agefsis,and
<br /> any successors t�s k�nder's interesY.from and against any and all claims,damages,tosse�and li�bt!itiss ariaing m cae�necti�r with
<br /> the presence, usp c�"sposaf ar transport of any Hazardous Mateda{�on,undec..fram or.aboui.ttta Praperry. THE �FiEG�tN(3 �
<br /> WARRANTIES Atti't�r..�AE�€t�TATIONS,ANO TRUSTOR�S OBUGATrG��S FdRSUM1F T�7r�f��GiiS(30fNC�+INDEMNl��'�EAtL
<br /> SUHVIUE RECOf�{EY:INCE€3r THIS DEED OF TRUST.
<br /> 10. Asstynn�e:i of a�nb.Trustor hereby assigns to Lender tha�nts,issues and prafits utxtta�rdperry:provided thaC iYustor •
<br /> shatl,until the ec�cs:r':ence of an Eventot Csfauft hereunder,have th�ri�hi to�ollectand�etain sunh�ents,issues and profiis astttey
<br /> become due zr�i�ayabte.Upon the occurre�rca of an Event af Gef��alt,Lender maY•eithar�in pe�soc�ar by agent with ar withaut
<br /> bringing ar.�aa'er�r or praceeding,or by a receiver appoi�ted by,8 aa�rt arad wiYhout regard fa!he adequacy of its security,enter •.
<br /> up�n s-.��.3�e�ossession of fhe PropeRy,or any part�ttersaE;in it5 awirnamp or,fn}he nam8 of�the Trustes.end do any acis which it
<br /> deems r�a�..ssary or desirable to preserve the vatue,marf:trl�i�9`dy orrent�bi!ity�.ot�lre�?raparty,or any.part�itteeeof or interest therein,
<br /> increase tFe i�eome therefrom or protect the security horeof.and,wiih or.withcrut t�kiq}�qo�9ssion of the Property.sue for ar
<br /> ` otherwise cc�<�^.�.*.tie rents,issu6s and profits thereof,inctudi�9 thaEe past due and.un�l�i:i�,and apply the same.iess costs and
<br /> expenses��c{::,�ra5on and collection including attorneys'fess,upan any sndetitadness�-scured i�ereby,all in such orderas��ender
<br /> may�s`.erz:rs.The entering upan and taking possession of the Prapertyti tna coi'actio�of such rents,issues and prahi��nd the
<br /> ', app�irawa��ereoi as afaresaid,shaif not cure or waive a�y defauN or notiCe of.d�t3ult hereunder or invG:�ate any act done in
<br /> res�r,se ta ss:ch detault or pursuant4o such notice of default and,noiwithst�nding'i�a continuance in possession af the Property or
<br /> the coltection,rnceipt and applicatlon of rents,issues or profiis,and Trustee az0 Cender shall be entitlsd tp exerciss every�ight
<br /> provided for in aTy,of the Loan Instrumenis or by law upon occurrence�f any Eventot Def�ult irtc!�dirtg without Ilmitatian rnE right • . �
<br /> � to exercise the p�.+ver of sate.Further,Lend�'s rights and remedissu�-�arthis paragraph shali P�•�cumutative with,and in a��+�.�y� : ___
<br /> 1 lirr`,Ya":an on,Lender's rights and remedies under any assignment ot leasss and rents recorded against the P�operty.Lender,Te�stee ' � t`.
<br /> � an�+�.a receiver shall be Uable to account only 4or those rents actually receivacf. ��'`��
<br /> ' 11. Ev�nts of DNauH.The tollowing shall con�li�.�L�an Event of Defaul!under this Desd ot Trust' ?�-
<br /> ' (a) Failure to pay any installment of principal or interest ot any other sum secured hereby when due; �___
<br /> (b) A braG�'�of or detault under any provisiort cantained in the ntote,thls Deed of Trust,any qf the Laan I�strumenf�„or any
<br /> oiher lten or ar�r.umbrance upon the Property;
<br /> (c) A writ�f executict�[�r attachment or any similar process s!�atl be entered agalnst Trustor which shall become a Uen on
<br />" the Property or any.�o��:•r!'t thereof or interest therein; _
<br /> (d) There�'r,a'���c2�ied by or against Trustor ar Borrower an uct4n u�,�;ir.any present or future federal,state or other -
<br /> � statute,law or:r2��'�c:�rt retating to bankruptcy,insolvency or o���c--re�:ef fcr debtors;or the�e shall ba appolnted any trustee,
<br /> receiver or[;w�:�a:cr�?�:r�stor or Barruv�er or of all or any part v�°��:•a P�aperry,or the rents..i�uea or profit�thereof,or Trustor .
<br /> . ¢r�orrower s:�aii maRe�.r�;�genera!�ss:�nment for the bene(it c'�c�editors:.
<br /> � (e) The sale,trans:�r<�ease,assignment,conveyance or fu�ther encurr tu:nce o}all or any part of or any lnterest in the �.�
<br /> � P,-nperty. �.'.her voluntar::y ar involuntarily, without the express written co�'.��nt of Lender, provided that Trusior shatl be `�
<br /> permitte�F.,�execute a lease of the Property tt�at does not conta:+��n option to purchase and the term ot which doos nat exceed =
<br /> one year, 4=
<br /> (� Alss�^+�Cnmeni of the Property:or �
<br /> (g) If�r��1or is not an indlvidual,the issuance,sate.transfer,•.��signment,Conveyance or encumbrance oi more than a total �
<br /> � ef— percent of(�?��orporation)it�issued and outstanding stock or(it a partnership)a tofal ot percent o1 =
<br /> �uitnerahip Interests dur�ng the p3riod this Oeed of Trust rem�:r�a e Ilen on the Property.
<br /> . t 2. R�+n�dla�,:AeeN�ralbn Upon Ref�ult.ln the event ot any E4 er,.t of Detautt Lender may,�vi2hout notiee exeept as raquired by
<br /> la�. Gzclare ali;ndebtedness secured!�e°eby ta be due and pay�.i��e and the same shall thereupon become due and payabte
<br /> ' witf�a�?eny presentment,de�and,protest or notice of any kind.Thereafter lender may:
<br /> (a) demand that Trl��.�e exercise the POWF.t3�OF SAlE granted herein, and Trustee shaU therGafter cause T►ustor's
<br /> ���rest in the Propeny*n L�e sold end tho proceeds:o be distributed,alt in the manner provided in+.h�N�.�raska Trust Qeeds
<br /> RCt;
<br /> i (by �x�.t•ci�e any and all rights provided tor in any o1 thQ 4nan Instruments or by law upon occurrr-nee af ank Event ot �
<br /> Oetault:and
<br /> (c) Cammence an act�on to foreclose this Daed o1 Trust as s mortgage.a�spoint a receiver,or spec`.ficr,Jts r•r�farce any o}the
<br /> covenants hereol.
<br /> M1to remedy herein conterred:u�aon or reservad to Trustefl or Lendor is intende�b:�o be oxctusive ot any othor remedy herein,in the
<br /> Loan Instrumenta or 6y law�rr1v.ded or permitted,but each shall ba�t:umulative,shall be in�ddition to every other remedy given
<br /> ' hereundar,in the Loan Instrur:rtits or now or hereaftar existing at laxr ar in equity or by statuto,and may bo exerclsed Cartcurrently,
<br /> independentty or successiL��;Y
<br /> 13. TrwtN.The Truste4 t�ay resign at any time without oause,and Londer may at any tlme and without cause appoint a __,_!___
<br /> successor or substitute Trus:se.Trustee shall not be liabte to any party.including without limltation I.ender,Borrower,Trustor or eny
<br /> . purchaser o1 the Property,for any loss or damage untess due to recktess or willful misconduct,and shall not be required to take any �
<br /> action in connection with the enforcement of this Deed oi Tru9t uhless indemnified, in writing,for aq costs,compensatlpn or ,
<br /> ' � expenses which may b�associated therewith.ln addition,Trustee may become a purchaser et any sal9 of the Pmperty Qudicial or � `
<br /> • . un�!er the�ao+�er of Eat�►�rantNA hernin);nostnone ihe sate b}all or eny pottion oi the Property,as provlded by law;or sell the 1 _,
<br /> Property as a whote,or in separota parcels or lots at Trustee's diSCrotion. ,
<br /> 14. FNS and Frcp�ntM.In the event 7rustee sells the Properry Gy exeecise ot power o1 sale.Trustee shnl!be entitlad to app(y
<br /> dny sate proceeds tiret to p�ymont ot all costs an�axpenses of exeroisinp power of�ale.irtcluding aIl Trustae's tees.artd Lendar's
<br /> �. � end 7rustee s attornsy's tees,actually inCUered to oxtent pesmitted by eppllC�ble taw.In the event Borrow4►or Trustor oxe►cises eny
<br /> right provided by law to cure an Event ot detault,Lendet Sh9�l bo Ontitled to recover irom Trustort alt Costs and oxponses actuatly
<br /> inCUrrdd 89 a resutt o1 Trustor's detaule inCluding wilh0ut timit�tlon At{Trustetis artd attornoy's lees. to 1h�oxtont pormitted by ti
<br /> applicab�a law.
<br /> 15 Fufur�Adrane�s.Upon request ot 8orrdwor,londor �nay, at its apt�on.maka xddibonal and}uturv�dvaneos artd r�-
<br /> nctvancn�tv B�rwwor.Sucn advance9 and roaduancus.w�fh�ntoroat thoraa�r.sha�►bv scrcurad by th�s E3aect ar Trust AI nolunES shalf ;' _
<br /> : th��nrrCi��1�muunt ot thp indflbtednas�securod byth�s€)�rad ot Trust.not�ncl�dmg sumsadvanceci ta p�pt��t tha secur�ry nf Ihis � �'
<br /> U�af'CruSt,oxcoed thb Qriy�nal pr�napat Amount stated her�m.Ur S-tOg�ddd._QO_- .wh�chever�s�r��tot
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