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<br /> . , . . . . . . . � .� 90=-�02636 � � .
<br /> �Frop�rty ta ao takin Or dam�ged.L�der stt�R Asv�U1s optioc�.Jn i�sote an0 itbwtute discrbtian,ip appiY a11 t�ch Proce�ds,, �
<br /> �11KdeducHnQ thRtsfrom aSi cosCt and�xpenses Incurred by tt i�connectlon wiM aucA Prpceoqs,upon ae�y fndebt�d�ssss�curM �
<br /> t �� l��by artd te su+cA order sf�i.endf►may determin�s,or to appty aH sueh P�oceads.aftsr wch eeduc�ans,cp the re�toration at�
<br /> : PrWt�rtYupansuchconaitianaa�.sndsrmaydetarmine.My.ap�ptiratianotPrqce�edstotnAe�c�Qnssse�ntlaotexiend�p�
<br /> � 1FM dw�alsof any paym�snb ur�der tha Nots.or cure arty d�fautt tAeraunQer or Aeraundar.Arty unspptiad funds tfisit p�p�idb � �
<br /> • , Trusbr., . -.
<br /> .: e. Prrbr�ne�by L��r.Upare tAe eccvrren�e of 8n Event o1 Qefautthereunder,or i!eny aat b takeri oc te�sl proc�eai - �
<br /> commencad wAich rtsateriaftr aXecb LenQer't intere�t it�the Pro,�rry.lender may in it�n�rn discretion.but witAoutobti�tio�tob `
<br /> • �o.and wlihaut notici to or dsn�n�upon Trustor and without rateaatng Trustor irort►s�y obliQaUor%do ar�act wldM Trusbr hts �
<br /> , �n�d but hfta�W do.and may�so do aay ather sct it Qeems necessary tc protect the securiry hereot.Trusror sh�ti.immedia�Wy � .
<br /> ` � uPo�►d�rnand ttarefor by Lander,pay to Lander aIl co�ts an0 axperssa�t trtcurred and susna expes�dsaby Lendsr tn connpction wilh ' �
<br /> �. ..�� tM axucite by t.ender c!tl�tore�oinQ�ishb.tosether with ii�tereatthereonattRa Oefauit rate provided in the Note,whfch ahalibe
<br /> . • added to ttw indebleQrsess seCUrbd he�eby.Lectdrsr shall:not irtcur any lia�ftit�becauae ot anything if may do or omit to do �
<br /> tsareunder. ' • , .
<br /> !.':;::::_: �: 9. Hatsidow Ma1�W�.Tru�ttcr sASil keep the Property Irt cGmpliance with ail8pplicable lawa,asdinancts and re(�utations� '
<br /> = r�;-.:-� •• �.. ,.=retaUng to��dust�iai hypierre oramrironmentat pratectinn(collectivety refeR�d to heresn as"Enviranmentat Laws"►.Trustpr sM►t
<br /> 'L.L:.E��... : '... �.i.
<br /> :•_1�-,;-:>4.: ;;,; . .••. kesp tha Property iree tram all substanc�s deemed to be hazarQous or toxic under any Environmenta(L3ws(cottBCdve►y releRed lo
<br /> '```` herein as"Harardous Materiais'�.Truator heretiy wai��nts and represen�to Lender that there are no Nazardous MatMfats on or
<br /> :'f,.i::":' Y::�'� ��:-.:,:- .
<br /> �"''`•';'`�_=�=' ``-`�'•;•= under thp Propery.Trustar hereby aqrees to indbmnify and t►otd harmtess Lertder,its dire�fors,p�cers,em !a ees and
<br /> � ���._, , P Y a�ents&nd
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<br /> ;,:.;;,%F;�€�:�;:`��.`:��•= $�Y��s w�.ender's tr+4eres�irom and a�ainst any artd all cfaims,damayes,'tosses and Iiabflities arisinQ in connecdon wi�h
<br /> ;..-�� ��-`_:���- - ••' 'V�re preser�ce Qisposal o`r transport af any Hatardous Materia►a on,under,from ar about the PropeRy.THE�OREtiOING � �
<br /> .`r;`,;::.« :�,;.::�';::`. - .use. � .
<br /> r��'(•';"'.;'�';::-. :.� %� ti!%��RANTIES AND REPRESENTATlONS.AND TRUSTOR'S OBUGl1TfONS PURSUANT TO TME I�OREGOIN�i INOEMNfTY,SFiIILL _
<br /> ,,,:,,,,; _,. .
<br /> '•%���'::: ��.�. ': �I�:RYIVE RECONYEYANCE O�THIS OEED OF TRUST. �
<br /> ' 10. At�nt W R�nb.Trustnr hereby assigns to Lender tRe rents,issues and protits ot the Property;provfdesl that Truator
<br /> . ', , �8i1,untit theaccurrence of an�vent�if D8lault f�ereunder.have the right to cotEgtt artd retain such rents,issuesand profita as they
<br /> � , �ome due end paysble.tt�son the occurronce at art Event of Delault,Lend�r may,eit�er in person or by agent,with or without
<br /> �nging any ection or proceeding,or by a receiver appointed by a couA artd wiihaut regard to the adequacy at its securiry,enler
<br /> Lpa�wn end take possessian o1 tPte Property,orany paMttfereof,i�its cwn name or in the name of the Trustee,end do any acts which it
<br /> �,: deems neCessery or desir8bte to preserve the vatue,marketab�lity ar�nfdbiliry ot the Property,or any paA thereat or inter8st there(n. �
<br /> incteese 4h8 irtc8me theretrom a►protect the aeCUtiry hott�o}a�`�.tvith or r:ithaut tak�ng passe;s'ran of�a Fro{serty,sue far or - --
<br /> • � etherwise Collect,the rents,issues and protits thereat,iactuding those past due and unpaid,and appty tRe same,less casts and�
<br /> e��psnses of ope�ation artd coltection inctuding aKOmeys'teas,upan any mdebtedneas securea h�re0y,aii;n such order as 6ertder "
<br /> may determine.The entering upon and taking possession of the P�operry,the coltectian at such rents,issues and prpiiq and the ' '
<br /> aPD�jC.�tion thereot es atore�aid,ahall not cure or waive any de+.ault or notfce of default he►eunder or invalidate any act dorte in '
<br /> ' responae to auch defauit or purs�{ant to surfi nofrce of detault and.rrar�rithstanding the conrinuarice in poss�ssion o1 the Prope►ty or �
<br /> the eullectton,reCeipt and appliGation a1 rents,issues or protits,artd Trustee ena Lenaer Shalt be entitleA to exer;isg every�i9ht ` � �
<br /> . prwvided ipr in any of the Loan tnstrumeMs a�by taw Y�on occurrence of any Evem of Default,inctuding witf:o�i limitation the right ..�:__,:,
<br /> - , ��:a�Ci�i+'z8�icrwa��f�afr.r=urthar.�.ender's rrgfits artd remeQres tmttertnrs parBQrapn stratt tse cumutat[ve wtuf.anO m no waya . • __-�„� •
<br />. i�d�*.i�atlon on,Lender's�ighb and remQd�es under any assignmem of teases end rents recorded against the Prop�►ry.Lender,Trustee ' ' + T-
<br /> � an�the recetver ahal{�e liable to accouE�.*.onty for those rents actually receive0.
<br /> � 11. Ewnb of ONauN.The fottowirtg,nell Consptute an Event ot Default under thi5 Deed bf Trusx
<br /> , �' � (e) Failure to pay any instatirr,ent o1 pnncipal or interest of any ather s+am secured hereby when�ue:
<br /> � (b�A breach at or��tault under any provis�on canta,neo�n the Note,th�s Oeed ot Truat,any oi the�.�tnstrurti�nts,or any ��
<br /> ' othe�Nen a encumbrar.r�e upon the Properry; ,
<br /> � (C) A writ of execut:on or ettachment or any s�m�lar proce�s ahali be entered against Trustor wj��ch shail became a liert on -
<br /> . , Me Property or any,�ortion thereof pr interest ther�in; �
<br /> (d) There shai!be filed by or asafnst Trustor or Borrcu•c�a=+an actian under nny present or future tederai,atate or pther
<br /> at�tute,law or regulati�.^.ret8tl�g to bankruptcy,insolvenCy c°a(her rel�ef for Oebtors,or there ahatf be appointed Any ttuste9,
<br /> reCeiver or fiquidBtOr a�Trv�tor�e�orr�wer or ot aU or any pan of tne Property,or Ihe rents,�ggues or profits there0l.or�rustor
<br /> , . or 8orrower ahall make any generel assignment tar the beneht ot cred�tars:
<br /> (e) TAe eale,transfer, lease as�►gnment,convoyanca ar r,�Kher encumbrance ot all or eny part ot or any inte�yt ln the
<br /> .. � F►OpeRy. eithe►voluntAnty or invc�untarily, without the e��-c-�s wntten conseM of ��nder;proviAed that Trust;r, �hAlt De
<br /> ''��? permitteo 4a execute alea3e ot the PropoM that c�es not cor.�:�:�an opt�on to purchasp and the term of whicA does^�t excee0
<br /> ons yea►• •
<br /> (Q AbanaonmeM ot Ihe Property;ar � ��""`
<br /> (�) It TiustGr i9 not an individuel,lho issuanca,sate,t►ansier.ass��nmer,�,�pnveyanctf or oncumbranCe ot mOre than e totat % �
<br /> �
<br /> 01 �p�rCent ot(lt a corpocetlpn)its i9suod and outs�.r�.ding atOtk or��t b par.rt��a��p►a tat�f ot ..___...�__percent o}
<br /> pe�tnerohrp intere�ts during the perlod this Deed of Trust rer.;a+ns e I�en an fhe Proper�� ' � •
<br /> 12• li�nMdi��;AeeN�rMbn Upon ONault In thQ cvent of any Ev�nt of Dofauttl,ondor may.withaut nctt,:,a ex4gD!88 required b� '"
<br /> 13w,deClare all indebtedr.t39 secured hereby ta C�a'ue and p�yable and the samQ shAll therpupor�5ecome due And payablo
<br /> without any pteaentmem,demand,pratest or not�ce�"any kind.7t�ereatter�en�ier may .
<br /> ' {a) Demand thE�t T�u�fee exe►c::sal the f�OWEii 0� SA;E granted harein, ane r,,,•;rc���nall theroafter cause TruStoi'a
<br /> tnterest in the PrOflerly to 48sotci 3�,^,a fsso p►oceeds to bQ d�stnbutad,011 m tho manr.vr o�u���d�d m the NebrasMa Tnl,t Oeed!
<br /> • ACC
<br /> (b) ExerCtse Any and atl rights providoa'c� "�Bny o}tho�O�n Instrurr�n�s vr by iaw uyon ccc•:�renco otany Eveni o!
<br /> . Oefaui�an�1 ,
<br /> (c) Gammenc9 en act�onto fore�lase th�s b4fl0 0l T�ust e�a rnortya{�o.�ppo�nt a recew��.o�spacd�cally eniorce a�y of the
<br /> covertan�s Mereaf.
<br /> . � No ramedy h�=ein cont�rred upon ar roservod to jruyteaa�en���t5�ntend80 to bu vxc:t�-�;,p ot any othar romedy n,�,-�n,�n tn� •
<br /> Loan Inatrom8nt�o�by law provlded or p�rm�tted.�ut r:ach snali eo cumututivv,shal►bo rn Ad��tlan to overy other rQmetly pivan
<br /> hereunder,in tnp l.oan tn�bu►^ants oi now or horpana-h�,��sUng af t�w or ir��;quity ar by statuta.�na may f�n exercisodconcutrentfy,
<br /> independantly or succeasi4t!f�_ -_ �_�--
<br /> t3. TruMr�,The Yrustee mey��<<�1 dt any t�mo w�thaut cous�,and�enda�may a!any :tn���flnd w�tho�t cau�a appoint p . �
<br /> suCCessor or s�bstitute Tru9tee.Tru�tee srreU net bo habtd to any p�Mir,includ�ng wdhout Iim�tai on Lvndor.E3arawer 'r;;st�r or any ,
<br /> purchaser at tne Property,ra�any toss or aamage untess duu to r�cktass o�w�Uful m�scan�uct.�nt!9haI1 nut b�teyuired tp tallo ony
<br /> _ .. 8£.��31n fi.II�!!l�Sists::��t'�.-,G aat4st.s�n'�►�t3!f#t�F3dvtS vf 3rusfi urrivss mot*mnrfteO. rrt rvntmg,t6r 8rj CQ5t8, E6ITS�ftfiSQCO►1 Of i
<br /> axpenses whtch mey Da rsnscc�atad therew�th In ndd�t�pn,Trustea may tr�cpm�p purcr,asor at ar�y sai��t thn VroAerry U�dicla!oi
<br /> � undet fhe power of 90i8 grantad hera�nj,pp9tpone tho gnl�r p!OII�r gny aort�on ot fho Proporry,as proo��ed by Iaw, dr soll tho
<br /> Propetty as e whote,or in 6BpArete parcelg or lois ot Trustae's C�sLraUOn.
<br /> � 14 �����ry�,t►s the Bvent T►u5tBe Smity Ihp P�bpEttty by�txEtrC�se af p��er G1 s�le;TruSt�U ShUt!be�nt�tl¢d t0 epp{y
<br /> uny sIIto procee9s lirsl tv paymant af all costs nnd expt�nsus dt exercas,ncJ pvv�a�ot s�l�,sn�iudmg alf Trustee'S teAg.9nd Landt*t'g
<br /> and Trustecf'ststto�noy'sfoos,aCtuAlly ineurredto exter�l pe�m�ttell by appi�tabie�ar� In tt�e a�Qnt F3orrawt�r o�Trustar eROrc�seg a�+y M1
<br /> rlght prpv�dad Oy Iow to curc�an Evbnt ot Oetault.6vndtsr sh�!t Co er�i,tt�h t�feco�er tr�m Trustar un��yts�nd��penses 3ctua��y
<br /> . ineurred ns a r���l!ot Trustcrr'3 dOtBU{�.ih�lt�d�rft,)W�lh(f�R tifnr{�1�Utt�tt ?rv5fe£�5��d�3f20!rt@y 9 tCb�. C�1!i�FSsftnS(�E'tttsEff� E.ay '
<br /> �aPiieab:s taw . i
<br /> �S. FUWt�A�Y�11C�.Up0l1 tUQuN9t 01 �3�►d,N�t,f,p����er may. ut �t3 VI1}I�.�ti. h`c�IKS c�Ct��t(C3Tl.lI t7F:l�}f�Icltf�liU1t)nCC'9 211t!}fta. �.y .
<br /> actvarteastn�ar�awe► $UC�lQfltle7(;c�san9seadvancee.rs,tn:htt�rvs!tnerc�u}r•s►��'Ebcstsc.:;r�ibytn�,F�ec•s:��TfUSI R1}f1Es1i(t�C'STi�II
<br /> titnpt�n0�palamountntthCR�dQbted:resssECUrNdbyrh�y(�eedot'►a:,sr f-o!rf:c:tucf�hg�:i�rsa�r����.c�f"r��GfU�lthasec�ntyot�►-�y .
<br /> Qt�d o)TruSE�KCel�the 6tcgir;i9�p��r.c+►tf�f ttrnaunt statt,*t}hYtf'.�r'. :.•r s �ttr�`•-hp;�•a .y�tt:�!e�
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