2� 17�21 �9
<br /> c�llec�the rents, issues, crops, prvfits, and income�hereof, including those past due and unpaid, and
<br /> app�y�he same upan any �bliga�ions s�cured her�by ar in th� Loan Dv�uments.
<br /> d. Lender wi![ be entitIed �o a ��ceiver to �ake immediate possession of �he Property and all ren�s,
<br /> ISSLlES, cr�ps, profi�s, and income�hereaf,withaut regard to�he value of th� Praperty, or the suff�ciency
<br /> �hereof t� discharge'�he trust deed debt and �he torec�osure casts, fees, and expenses. Such receiver
<br /> may be immediately appvinted by any�ourt of competent jurisd�ction uPvn ex Parte applicafr�n, natice
<br /> being h�reby ��pressly w�ived and shalf serve withou� bond if�he law aiiows. The rec�iver will app�y
<br /> all ren�s, issues, �rvps, prafi�s, and incvme of the Prvperty to keep �he same in good repa��- and
<br /> condition, pay a!!�axes, ren�s, fees, charges, and assessments, pay insurance premiums necessary to
<br /> keep the Praperty insure�, pay �he ��pense of the recei�ership and attorn�y's fees incu�red by the
<br /> receiver, and apply the net proGeeds ta the payment of the Db[igatians se�ured hereby. Such r�ceiver
<br /> will ha�e all the ofher usual powers of receivers au�horized by law and as the c�urt may direct.
<br /> e. I n the event Trus�or fa�ls�a pay any Ii�ns,judgmenfs, assessmen�s, taxes, rents, fees, ar charges ar
<br /> maintain any"rnsurance an the P�operty, buildings, fixtures, atta�hments, or imprv��ments as pravided
<br /> herein vr In the Loan D�cum�nts. L�nd�r, a��ts op�ion, may make such payments or pr��ide insurance,
<br /> mainfenance, or repairs and any amaunts paid �heref�r wi[f become part af th� princ�pai �bliga�ions
<br /> secured hereby, be immed�ateiy due and payab[e and bear int�res�at the defaul� raf� provided in the
<br /> Lvan❑ocumen�s from�he dat�vf payment unfi�paid.The ad�anc�men�by Lender of any such amaunts
<br /> will in n�manner Iimit the r�ghf of Lender to declare Trustar in default or exercise any❑f Lender's other
<br /> rights and remedies.
<br /> f. �n the evenfi Lender is a party�o any litigation affecting the Praperty �r this trus�deed, including any
<br /> a�tion by Lend�r fio enforce this trust d�ed vr any suit in which Lender�s named a def�ndant�includ�ng
<br /> eminent domain and bankrup�cy proceedings}, Lender may incur expenses and advance payments for
<br /> abstrac�fees, at�arn�y's fe�s�to the extenf allowed by law}, C�5t5, �xpenses, ap�raisa!fees, and o�her
<br /> charges and any amount� sa advanced will b�cvme part vf fhe principal ��Iigations secu�ed hereby,
<br /> be immediafely due and payable and bear int�rest at the default rat�pro�ided in �he Loan Documents
<br /> f�om the date of advance un#i[ pald.
<br /> S. Delay by Lender�n exercis�ng �ts r�gh�s upan defau��w�ll no�be cons�rued as a waiver thereof, and any
<br /> act ❑f Lender wai�in� any specific default will n�� be cons�rued as a wai�er of any future defaul�. lf the
<br /> proceeds under sale or fareclosure as s�t f�rth above are insufficient to pay�he total �bliga�ions secured
<br /> h�reby, Lender will b�entitEed to a�eficiency judgment.
<br /> 9. Any awards made to Trustar ar fhe�r successnrs by the exercise af eminent doma�n are hereby
<br /> assigned t� Lender; and Lender is her�by au�horized �o collect and apply the same in payment of any
<br /> indebtedness, matured vr un-matured, secured by thrs�rust deed. Trustor sha[[immediateiy nntify Lender
<br /> of any a�tion in eminent damain.
<br /> '�a.This trus�deed c�nstitutes a securi�y agreem�n�wi�h respect tv ali the Prvp�rty des�ribed herein.
<br /> '1'�. No rernedy herein conferre� upvn or reserved to Trustee ar Beneficiary is intended �v be exclusi�e of
<br /> any oth�r remedy herein or by law pra�id�d vr permitted, but each will he curnu�ative, will b� in addit�vn
<br /> tv every other r�m�dy �i�en hereunder or naw�r hereafter exis�ing a� !aw ar in equ�ty or by statute, and
<br /> may b� ex�rcised concurrently, independently or successiv�ly.
<br /> 7 2� Trustor ackno�ledg�s that the duties and obligativns vf Trust�e will be determined svlely by �h�
<br /> expr�ss pro�isivns of thEs trust deed or the Nebraska Trust Deeds Acf�nd Truste�will nvt be Iia�[e excepfi
<br /> far the perFarmance af such dutie� and obl�gatians as are specifically set forth �herein, and na implie�
<br /> covenan�s ar abligatians will be im�vsed upan Trustee; Trustee will no� be iiable for any act�on by it in
<br /> good fai�h and r�as�nab[y beli��ed by it to be au�horE�ed or wi�hin the discr�tion �r rights of p�wers
<br /> canferred u pQn �t by th is�rust deed ar sta�e lav�r.
<br /> '13. The cavenants con�ained in this trust de�d w�ll be d�emed �o be sev�rabI�; in �he ev�nt fhat any
<br /> port��n af this trust dee�1 is determined to be Woid or unenforceabRe, that determ�nat��n will no�affect fhe
<br /> �alad�ty af the remaining portians of the trus�deed.
<br /> '14. Trustor hereby reques�s a Gopy of any notice vf defaulf ❑r nvtice af sale hereunder to be ma��ed by
<br /> certrfed mail to Trustor afi�he address set forth herein.
<br /> '[5.A�I notices, requests and demands to or upon�he respective parties here�a�o be efFec�ive shall be in
<br /> writing and, un[e�s vtherwise �xpressly pro�ided herein, shall b� d�emed fo have be�n duly gi�ren or
<br /> made when del�vered by hand, or fhree days after�eing deposited in the mai[, postage prepaid, ar, in the
<br /> case of�I�E���ry by a nativnally recognized a��rnight courier, wh�n rece��red, addressed to �ne or mvre
<br /> vf th� indE�iduaRs exe�ufing th�s trust deed an behaEf of such party at the address sefi farth abov�, �r to
<br /> such o�her address as such party may designate fv�-itse{f by [ike not�ce.
<br /> App#:544�968; C1F#:243���; Note#: 1�1 �2�SQ Legal Doc.Date:March 1�,2��7
<br /> F�RM 5�'[�,Trust Deed and Assignment of Rents Page G of 8
<br />
|