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<br /> th�proparry ia�to taksn or damaped,Lsndsr shNl have the optipn,in ite aole and absoluts discretion,to apply eH�uCh F'epCeed�,
<br /> aftsr d�ductin�therelrom�!1 Cpsta and exppnae�incusred by it in connecti�n with euch ProCeed�,upon any tndebtednese secured
<br /> � h�r�by�nd in euch order�s Lender may determine,or to epply�II�uch Pruceeda,after euch deducdony,to the reatoretion ot the
<br /> Prop�rty upon such condltiont o�Lender may determine.Any appllcatlon of Proceed�to Indebtednas�shail not extend or poatpone
<br /> th�du0 d�te af�ny paymunts under ths Nate,or cure any deisult thareunder or hereunder.Any unapplied tunda ehall be paid to
<br /> Trusta.
<br /> 8. PN1on�l�ne�b�t l�nd�r.Upon the occarrence ol an Event ot Detault hereundsr.ot i1 at►y acl ls taken or lep�tl�xxas�Is+A
<br /> commencsd which materi�lly e41ect9 Lerxler's Interest In the Proper�ty,Lender may in Its own discretion,but wlthout obUDptlon to do
<br /> w,and without noUce to or demand upon Trustor and wlt�out releaainp Truator from any obllpatton,do any act whlch Trusto�hat
<br /> ayreed but taile to do and may slio do any other act(P deem�necessary to protect the security�ereot.Truator shall,immediataly
<br /> upon demand tRerefor by Lender,pay to Lender all coaW a�d expenses incurred and aums expended by Lender I�connectlon wlth
<br /> ths exsrcise by Lender otthe tore�olnp�ights,topether with Intareat thereon al the defautt�ate provided in the Note,which ahall be
<br /> added to th� indebtedness secured hereby. Lender ahall not incur eny IiabiNry because of enything it may do or omit to do
<br /> heraundar.
<br /> 9. Ha:ardous Mds�N.Truator�hall keep the Property in cemoUance with all applicable lawa,ordinances and reyulations
<br /> rstatinp to induatrial hyylene or anvlranmen;al protection (conectively referred to herein ae"Environmental law�").Tru�tor shall
<br /> keep Me P�operty iree from all substance�deemed aa be hazardou9 or toxic under any Environrnental�a�9(coltectivety reterred to
<br /> h,�raio es"Huardouf M�terials"►.Trustor hereby war�ants and�epresents to Lender that trtere are na hlarardous Materiala on or
<br /> �u�r tt�e PcQ�erty.Tru�tor�ereCy agrees to indemra:4y and hotct traa►mless lender,its directo�s.olficers,et^m��yee9 sa�Agents,and
<br /> any success��•s�o Lender's interes�t:em and aga��st any and ac�c�a�ms,damages.losses as�d Iiab��+t�es ar,:,�,,*,;:��:;��n��,Uon wi4n
<br /> �.he prese^;,^ci, usa, dis�c�aa!Q� trans•:��!ot any k.�:arqous Materials on, un�;er, trom or a�art the prc„er1y,� T�?�4.c ��'-,�GOING
<br /> . 9�iA5iRANT�SS A!`�D RE�F�;�,'r!�IT6L":'iL1Ns.AS�D T�1l�TQR'S OBLIt3ATI0lVS��1�hT,�EJAI�F Tp Thf�FORECz�J4u t:�u�R��7TiY.$FfA�rl .
<br /> ' q'ur'�Y�4'E����',�"'KEY./i1�C��c:�4fri:S.L�;�Q�£F?��aL .
<br /> t�t �e��lot�iMa'.1r,r�::SwJr�h;�s��p�a55:a�SXa�.er:1.�r d��eertts.�s,S.t�+S and���`r.�,�"U`.6 Pr1,t�Tl��:�±'�vi�ed.:".tat T�us:ax
<br /> , , s�a;t,uc�I tltrr�fi�C.u:''rPt��C�°3���v�r�Cx(+�.21'�.Lit 1`e:�::?t��r.":,�»+:`'Yd r�yht tU C�,�act and re�,�in�,�cn re�:s.��sues a��prti�`,�ta as they
<br /> '. I�vme•d�:�����ya�:e u�on tne occ�rre�ce���a:����.�^ti�*•���.i«.�eRder may,e�ther�n pe�son o��>•agent,witR or without
<br /> �rinyiti�aroy�,ar,tion or praceeding,or by a receive��a���^E�u�?��caun aRd without regard to the adeq�aCy oi its securlry,enter
<br /> upon and take posseasion o9 the P►operry,or any part Ehereot.:n:`3 cwn name or In the name o1 the Trustea,and do a�y acts whiah it
<br /> deem�neceasary or dealreble to p�eaerve the value,marketab�l�ty or rentabllity of the Property,pr any part thereof or interest therein,
<br /> Increeae the income therelrom or protect the security horeof and,with or without taking possession ot the Property,sue to� or
<br /> otherwiae colleCt the rents, issues and protits thereof,mcluding thase past due and unpaid,and apply the same, les�coats and
<br /> expenaes of ope�ation and collect�on Including attorneys'fees,upon any indebtedness secured hereby.ell In such order as Lender
<br /> may determine.The entaring upon and taking possession of the Prcperty,the coltect�on of auch rents,issues and prollts and the
<br /> � apptication thereol ee alorest+id,shall not cu�e or waive a�y deteult or not�ce ot detault hereundor o�Invaltdata any act done in � �
<br /> response to�uCh deteuit Or pursuant to suCh not�ce ot detault and,notw�thstanding ihe cont�nuanca in possess�on of the PropeRy or �
<br /> the coltectlon, rece�pt end application o!rents,+ssue9 or prof�ts. And Trustea and Lender shatl be ent�tled to exerCise every r�ght
<br /> provided for In any o11he Loa�In�trument�or by law upon occurrence of any Event ot Detaun,�ncluding wd�out lim�tat�on the ngnt
<br /> to exerqise the power of aale Further,Lender's r�ghts and remed�es under th�s paragrapn shau be cumu►at�ve w�th,and m no way a : -�
<br /> � iimitaiivi+ur�,Lbr�v'er';r:�htv M��r�iTSV�:��::r,:ar arty as;�y,����ani ot�eases and rents recorded against the Property.Lender.Trustee F ;r'
<br /> and the reCelver 3ha11 be liabfe to aCCOUnt onty for thoso rents aclually rece�ved. - •-
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<br /> 11. Ewnb M DN�uM.The following shall constitute an Event of Defau►t under Ih�s Deed o1 Trust '
<br /> (a) Falture to pay any rn�Iairment ai pnnc�pa�ar mterest of arry omar sum secureo nereoy wi+en due: _
<br /> � (b) A breach of or detault under any provis�an conta�ned in the Note,th�s Deed ol Trust,any o1 the loan Instruments,or any , -
<br /> other Hen or encumbrance upon the Property;
<br /> (c) A writ otexecution or ariachment or any s�m�lar process shall be entered aga�nst Trustor wh�ch shall become a lien on
<br /> the PropeRy or any portion thereot or mterest Ynere�n; '���
<br /> (d) There shaH be filed by or against Trusto�or Borrower an acUOn under any present or tuture tedaral,siata o�othe► °�"�
<br /> statute,law or regulation rel8ting to bankruptcy�. ��solvency or other rel�at for debtors;or there s�alt�e appo�r.te�a^y trustee.
<br /> reCeiver or liquidatar Of Trustor or Borrower or�*all or any part of the Property.or the rents,issues o�protits Iherec.�,or Trusto� %�
<br /> or Borrower shall make any generaf ass�gnmert tor the benef�t of c►ed�tars:
<br /> (e) The sale,transter,lease,assignment.ccnveyance or further enc,:-Tibrance of all or any part of or any mterest m the
<br /> Property, either votuntarily or involuntarily, w�thout the express wntten consent ot Lender; prov�ded that Trustor shalt De
<br /> � permitted to execute a lease of the Prop�srty that does not cc-'2�n an opt�on to purChase and the tprm of wh�ch dCeS not exCeed
<br /> one year.
<br /> (n Abandonment of the Property;or
<br /> (g) tf Trustor is not an indiv�dual,the�ssuance,sate.transter,ass�gnment,canveyance or encumbrance at more than a tatal •�
<br /> 01 perCent of(it a corporationy �ts�ssued and outstandmg stock o� (�f a partnersh�p)a totat of percent ot �
<br /> � partnership interests during tho penod this Oeed of Trust remains a I�en on tne I�roperry
<br /> tY. RNe��dhs;AcaN�ration Upon Odaul�In the event ot any Event ot Delau�t lender may,without notice except as required by
<br /> law, declare all indebtedness secured hereby to be due and payab�e and the same shall thereupon become due and payable
<br /> without any presentment,demend.protest or notice ol any k�nd The►eafter Lender may
<br /> (a) Demand that Trustcte exorc�se the POWER OF SALE granced nere�n. and Trustee shall thereafter cause Trustor's
<br /> intere�t in the Properry to be sotd and the proceeds to be d�str�buted,al!�n the manner prov�ded�n the Nebraska Trust Deeds
<br /> Act
<br /> (b} ExerC�se any and all r�ghts prov�ded tor �n any of the Loan Instrumont�o► by iaw upon occurrence of any Event o1
<br /> Oefaulk and
<br /> �c) Con�n�ence an aGt�on to iorec�as�s m�s Ueea of Trust as a rr�orcgage,appo�nt a recv+vvr,vr�p�c+fi�ail}cniorcc any o!ilte
<br /> Govenents hereof.
<br /> Nn remedy herein conferred upon or reserved to Trustee or Le��der�s�ntended to be ezclus�ve o1 any other romedy here�n,in the
<br /> Loan InsVuments or by law prowded or permitted.but each shan be cumutaavo,snau be�n aQdrt�On to evpry other remedy g�ven
<br /> hereunder,in!he Loan instrurnants or now or hereaiter ex�stmg at taw or�n equ�ry or by statute,and may be exerc�sed concurrently.
<br /> independentty or successively
<br /> . t3. TrwtN. The Trustee may ras�gn at any t�me w�tho�n rA��ca_ a�� lA�de� m3y 8t 3.^.� �'!".?3^� Y/!!!?�J1 f.3J$A 2p�4�^t 3 �- -_ `-
<br /> Succ@SSO�Qr Substitule TrustBe.Ttustee Sh811 not be hab�e to a�y party.in�luding w+thout hmitation�.endor,Borro+ves T�uStO►or ar.y `
<br /> purchase��Sthe Propvrty,for any 1055 ar damago untess due to���c«Iess or w�ll}ui m�scon�uct.and sha11 nol be re�e::•e�to take a^y
<br /> action �n con�r�c•.ian watn the eniorcement ot th�s Oeerf ct Trust uniess ^demn�l�ed. in wnt�ng, fpr au costs. co^'�pensat:c^ or
<br /> expenses wn�cn m.ay b�e assoc�ated tnerew�th +n a��;t�o� Tr�52�e m�y UeGCr"8 8 putC�8S8►ei eny S2.e G1 1*e ProGerty�;ud•c,a. o�
<br /> unCer t�e pow��r of sa.$granted rere��),pOS:pore*."e sa e ot a !Or 3�y ::��t�On O�th@ PrOpE'�ty cl5�fo�.ded b! aw. o�se '.�8
<br /> Properry as a whole,or �n sepa►a:o�arcels or iots at Tr�s�ee s��scretion �
<br /> 14 Fe�s and Expenus. In tre event Trustee sei�s tr.e P�o�erty by oxe�c�se ot power U'saie.Tr�s�ee sna��be e^!.!�ed to a�G�i �
<br /> L any sale proceeds t�rst to payment of a.�costs and expenSes o`•�xe�c�smg po�ner ot sa e ;^c �C�n3 a�"•,.siee s`cer and Ler.cJer s
<br /> and Truste8's attorney's tees.actually�ncurre�!o e�tem pe+m.i,ed by appt:�3��e�af, In tr.i?�vf�t SG"O�.B'!:r T�uStC�QaHtCi565 3"y
<br /> nph!prov:0ed by I�w to Curo an Event Ct peta�i:, t,er�der sha�s be ent�nea t���eco�e�from Trusto�a�c^sts a�d exFenses aci,.a �� �
<br /> �ncu9red as� ►eSUft Of TruStor'S d8ldu�t, inClud�ng vnthout 4,m�taUOn a:E �-.,stee's and attorney's tees u the rxtert Ger�-+��te� �y �
<br /> appl�cab�e�aw +�lf
<br /> tS Future AdvencN. UpOn request 01 BOtrow@t. Ler��es -�ay at �ts �pt�or maKe add�t�ona� �ird !ur��e adY��'Ce5 drC •e� , .
<br /> adv�nc9S(0 QO�fOWOf Sl1Ch advances and ie�dvancr�s,w�ih�^!C•E Sl 1hf fPJ�' S��fl��hE;Sf•:.u�ed b�t���s Cred n�T�:.st ��t no t��e s��all ,,
<br /> Sho�rm::ip8�w�tOU::iO�:!;0�R.yCblCdn035 uL`C::tCd Uy:h�5�L'C�Ot T�:�� ••1 nt�uU � q 5_.^S='Jv::�,:••�r �(.,�4�e,��r�u S[L u��h�QI?►�iS
<br /> DeeO ot T�ust. �xceed rne or�g�na1 prmG�pa!�rnou�t slateU nE,rt•.r• :,r 5 +.r C'n�vc�r .S ��e(i'Pr
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