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<br /> � .. . � _ . . . 90-- . 103242 �
<br /> ths�ropeAy�is so�ken or damapeQ LenHer ahalt have the option,in iq sotg and ebsotute dascretion,tc�epply etl such Proceed�, `'
<br /> atter deductinp Meretrom eit cplrts arta expen3e9 incurrM by it in connecttan with auch Proceeds.upon any indebtedrtess secured �
<br /> � her�by and in auch ortkr as Lender may determtne.or to apply al!auch Proceeda,a8er auch deductions,to the restoratton of the �
<br /> � Prpperty upon suCh c+mdiGons Ss Lettder may Q�ten»irta.Any appitcatton of PiroCeeds ta indebtednes,s shali not extend or ppstpone � , _
<br /> , , ihe dus dats of arry paymeMS under the Note,or cure any deTauit thereunder or hereunder.Any unappiied tunds ahail be paid!o �� .
<br /> � .. Trustor. . , - .
<br /> � 8• P�efonnsnc�by L�nd�r.tJpon the occurrence of an Event of Defaulthergurtder,or if any act is iaken or tegat preceedinp `
<br /> : , commenced which materialty aitects LenQe�`s interest In Me Properry,tender may in ib own disCretion,but without obligation to do �
<br /> . ao.and withoeit notice to or demand upan T�wtor and withaut reteasing Yrustar from any obligatian,do any act which Trustor Aas � � •
<br /> ; , aQrae�f but faits to do and may aiso do any other act it deems necessary to proteCt the security hereot_Trsistor shail,immediatety �
<br /> upon demand therofor by Lsnder.pay ta Lertder atl costs and expenaes incurred and sums expended by lender in cpnnectiQn wilh
<br /> , • � the axercise 6y Le�der otthetoregoing�igh�s,togeMer with interest thereon at the default rate provided irt the Note.which shai)be �
<br /> ' added to the,indebfedness secured hereby.Lender shall not incur any liabiliry because o!anything it may do or omit to do
<br /> hereunder. . . .' ���
<br /> ;-�::;r:_:•
<br /> 9. Huardaus Mabr�[S.Trustor shalt Eceep the Property in compliance with alt appticabta laws,ardinartCes and reguiatlons ` �
<br /> . , relsting to Irtduslriai hygieng or en�ironmental�rotectfon{�a�teCtrveiy referred to herein as"Environmental Lawa'�.Trustor shalt '`'�`t;��� �
<br /> ° keep the Property hea from ail substances deemed ta be hazasdous or toxic under any Envt►onmentat Laws(coltectivety reterred tn
<br /> ' herein as"Hazardous Materials'7.Trustor hereby war►ants and represents to Lender that there are no Haiardous Materiats en or '
<br /> un¢et the Prop�rty.Trustor hereDy agrees to indemnily and holdharmless Lender,its directors,oNrcers,emptayees and egents,and •• "
<br /> , arty successors to Lender's irrterest from and against arty and aq ctaims,damages,losses and liabilities arising in connection with -
<br /> , the presbnce,use,disposat or transpart ot any Hazardous lbiateriats on, unQer,irom or about the Property.T�IE FOREGOINti ��
<br /> : WARAANTIES AND REPRESENTATIONS,AND TRLtSTOR'S OBUGATIONS PURSUANT TQ THE FQREGbIh1G INDEMNRY,SHAlL •
<br /> ' SURVNE f4ECONt/EYANCE OF TNIS OEEO OF TRUST.
<br /> � � � 10. Assl�nmMt of R�nb.Trustor hereby essigns to Lertder the�ents.+ssues and prof�u af fie Property;provided that Trustor
<br /> : shall,unlil the occurrence ot an Eve�t of befauH hereunder,have the right to cnilect and retain such rents,issues and p�ofits as tfiey . . .,
<br /> tiecome due and payable.Upon the occurrence of an Event of DeTaul�,Lender may,either m person or by agent,with or without
<br /> bringing any action or proceeding,or�y e reCei�er appCmted by a court and without regard to the adequacy of its securiiy,ente►
<br /> _ _ uppn and take possession ot the Property,or any part th@reaf,in its own name or�n the name ot.�he Trustee,and 6o any acts�nrhich ii '
<br /> . 3-eems necessary or desirabta to preserve the value,marketabdiry or rentab�liry ot the Properry,or any part thereof or interest thereir•. .
<br /> increase the income therefrom or protect the security horeot ancf,w�th or,w�thout taking possession ot the PropeRy,sue tor o�
<br /> � otherwise coltoct the�ents, issues and profits thereof,inG�uding those pasi due and unpaid,ana apply the same,[gss costs artd
<br /> expenaea of operation and collection including attorneys'tees,upOn any indebtedness secured hereby,all in such order as Lender •
<br /> . may determine.The entering upcm and taking aossess�on ot the PropeRy,the coilect�on of such rents,issues and profits and the � '
<br /> ` applicatton thereof as aforesaid,shaU not cure or waive any detautt or notice uf detault hereunder or invalidate any ac!done in - '.::',�, `
<br /> ? response to such detautt or pursuant tp such naUCe of detault and,notwdhstandmg the continuance in possession at the Property o� -';":��'�.
<br /> tfr.e coltECtion,recelpt and appl�cation o!rents,�ssues or prot�ts,and Tr�stee and Lender.shau be entitfed to exercise every right �
<br /> �,r��rded for in any oithe Loan Instrurre-�:s or by law upon nccurrenco of any Event ot belault,�nc�uding wdhout 6mitation the right '
<br /> to exercise th�g�ower ot sale.Further.L�nder'a rights and remed�HS under th�s paragraph shall be cumulat�ve with,and in no way a • ' '
<br /> t:�nitetion ot1.Lertder's rtghts and remeQtas under any asa�c�nment of leases and rents reCOrded against the Froperty.Lender.Trustee
<br /> • ar�d the reCeiver shall be liabte to account onty for those rents actualty rece�ved. .
<br /> 11. Ev�nb ot DNsult F",*.�tallowing shall constitute an Event of Deiaul!unaer th�s deed of Trust
<br /> � (e) Failure to p8y 8ny inStallment of principal or interest of any other sum Secured hereby when due; • .--
<br /> � (b) A breach of or default under any pravision contained�n the Note.th�s Oeed o}Trust,any o}the Lo3n Instruments,or any
<br /> � other tien or encumbra�ce upon the Properry; r
<br /> (C) A writ of execution or attachment or any s�m�lar�,rocess sha11�e entored against Trustor which shali become a tien on ;;;`�
<br /> the Property or any portion thereof or�nterest therem, ;u.
<br /> ' (d) There shall be fQed by or against Trust�r or Borrower an act�on under any present or future tede�al,state or othe► �
<br /> statute,l�w or reeulation relating ta bankruptcy,insolvenCy or other rdl�et far debtors,or there sha11 be appointed any trustee,
<br /> � receiver c�liQutdBtOr of T�ustor or Borrower or oi all or any part pt tho Property,or the rents.�SSUes or prof�ts thereot.Cr Trustor •
<br /> � � o►8orrawet shet!make any genera!assignment for the benet�t of creditors, � '
<br /> (e) The 9ate,trenster,fease,BSSignment,CO�vey�nCO Or turther enCUmbrar�ce of ell ot any p8rf O1 Or�ny intB►0st i11 the !�
<br /> • Properry, either votunlanly or Involuniarity, without ths exprQSS wntten consent of Lartde�. provided that Trustor shall be
<br /> petmitted to execute a ledse ot the Properry that doss not c.ontain an option to purchaseand the term ol wh�ch does npt exCeed .
<br /> , ona yexr; �
<br /> {� Rr,;c^Janm�ent of the ProFF��Cf,or ��
<br /> (g) t°.*r�stor ia not an�ndiv�dy��ine►ssu�nce.salo,transfer,asSignmeM,conveyance or�ncumbrancp of more than a total '{.
<br /> � � o}._ perCOm ot�a!a CorpOration)ds issued anC outstanding stock or pl a partnersh�p)a tok3t ot �_J percent Ot '
<br /> ; paRnerah3p�nterest&p�as:ng the period this Qeed ot Trust rema�ns a I,en on the property
<br /> 12. R�m�i��;Aee�Nr�t)en Upon�N�uH,In the event ot any Event ot Dota�lt I.errdor may.w�thout nos,ce except as+'��u�red by
<br /> law,doClare�:Y.�Qebtedness secared f����by to be due Nntf payable and Ihe some shal!the�eupan beCOme due a^� payabte
<br /> without any prese�ntmBnl,demand,protest�r not{C�of ariy_kmA_Yhered_f_ter.L���el.may _ . ... ... . .. . . . _..... ._... _._._. ....
<br /> � � � � � (a) QemanO that�aa+stee ex�rc,se thn POLVER OF SALE granted nere�r„ .and 7rusteQ shetf �r,E:•s;attor causo Trusto►'9
<br /> mterest in fhe Property!eT be S�IC ahC triv proceeas iV bE�distnbuted,all in the man•ier provided in th_�Nebraska�rust dood9
<br /> aok
<br /> (b) Ez9rCiS9 dny and�R ►�ghts�rav�ded for in any ot the Lc�r,n Insiruments �r by I,�w upon uccunbn��ul ara,�E;verif Ot
<br /> Qetauft,ar.d
<br /> �C) CommenCe an acti0n to fO�BClose th�s DeErd of Trus1 as a rnortyaga,tip{�n�nt c�reCe�ver.Ur speafr�alty Entorte��y o1 the
<br /> Covenants hereoL
<br /> No remedy here�n contes:��:.ipon ar reserved lo Trustao ur Lendvr�s�ntended to as e,�ctus�v�ot any otr_er remedy heoo��.�n the
<br /> LOan Instrum.e,^,t9 ar by taw proylded or perm�tted,but c�ach shatl be tumu�at�uv.shaU bo�n add�t�on tb every other rernedy g�ven
<br /> • heroundOr,+r tc''�Loan Ingbuments or ns.yri�r hereafte►[,x�sbng at law ar�n cqu:ty or hy statutv,and may 6e exere�sed cunCurrc�Mty,
<br /> inQependent.� or successrvely.. , � :_-__ -
<br /> 13. Trustq. Tha Trustae may res�c^d' �•"�y timct wdh0�! Ceuse. �i�id Lt�nder rnay at an� Ur��e anU with�ut C�ii;t;appnmt a �
<br /> SuCCBSSOt ot 5ubsi�tut8 T�itStsa Trusi89 5�c.":'rf�t be tiable toany party,mclud�ny withoull�rn,taGdn Le;nde+.8orrower,Trustor ur anyi
<br /> p�tcAesBr of thH Proporty,to��any Ipss o;���aqe unless due to reckless or wditul m�scunduct,and ShalE not be reU��red tU take any �
<br /> _ . . aehcsn fn�:nnnoM.c�n wiEh the..entorce.-L�� Ql in�*�°°�Ut Trit.^.!:»Fi!L•°�:it�Cii:T..j:zw:i.°. 7:F':=:��. �Oi cil.CG3�5.Liifii�rii5di�"vri vf i
<br /> exp�nses wt��.n may be aSSaCiatQd ttter�w�th.In atld�bon,Trust�e m�y��CUr[�e a purchaser at any salH of the i'roperty(�ud�c�a�c,r
<br /> under the pawE3r Ot 88to g�ant¢d here�n):postpone the Safe af ali c��any purUUn of thu Property. �is pro��ded by law, or seit thp
<br /> Propert�as a whole.or m so�arate paicels or Iots at trustee s d�scret�an �
<br /> � 14 FNS and Expi,i;fy.In the event Trr�sfee seils the F'ro�iCrty by Esxerc+sc of�p;nre*ot sale.Trust�e sh�lt be�nbtfed t�appty
<br /> any sal�proceacfs tust to payment of alt costs antl ex�anses ot e�erc�s�ng pUrr��ot s�.!E �rclud�ng aIl'Crustee s teCS,and l E�nders
<br /> and Truafee's attorney's teas.ltCtually�ncurred fo extt,Ant p��miited U�apptic�b,e ia�. t�.tn�,�c„Ent Bc�r�pwbr ur 7rust��r E��c�rr�s�s any {�,
<br /> riybt provided by law to Cu►Q an Event of Oefaulf.Lt�nder gh,a!t be t�nbDec!to�EC�+t! !.•�tm TruS!7r�t!�L�JSt�,�lnd Nr.�:Nt�SE'S 21GiuFtlly (Q
<br /> jrtCUrted DS a reSUtt O� '�ru9t4r'S detau�t. mc?ud;ng.w:t►iout l��n�xauo^�tll TrUStc�e�u�:s��tl�rne;s'et�s.t� tne eRt�r+t�;er�r;,tte�J h� • fA
<br /> - appl�c�ble law. � :t,
<br /> t5. FUtUrA�QYanC�f. EJpan r��u�st Ut E3orrawer. Lencier ��,ay, t�t ,ts npt:c,n n�.�R�,,,:1�•r��,n��� :ir�} tut�rE` I���IU�ILEJ :�nd rE•. r, _
<br />.. :1f�YF7F:Cd9�OE36n0Y�f0f StlChal�V�nC(:Silrl(ftE'FItIVil�rceS.W�th�t7`.t'iCStffiE:rf�u': SF�.e��l:�•�;•�:_::rr�C•�:F+eSiir�[•�!�',7:.�5'. (..`'euslF:+f'4lidit
<br /> _. . .the p�mcrpal umauntot th��ndebt�dnrss 5er u��d tay 2�x;5 r3t'kti1 C��1�,�Si =:,i. � ,��.•.4<... -,t.l..t';� f• �S•; ,•�:t•••;4t 5+��.rtrf,�ry!}tr��
<br /> OeEId nf TruSf �xcc,wd the v��gu,at unn�r�t�1 fltsYbU'�t 51FifPd hpr��,n ;�; G� ., f,�,:t.' ,;, :�r�.`!���
<br />_ ��
<br /> �.... ...� �:r�.,..��� -vaw�sru�u.-�are-,-:,mr,ae�a — -_.
<br /> ,.;=*""^'-'��-'r.T`1t�c.' e ;-..�' '':.�s,� _ a � �' t--"xc�-�a'-a��'"'���rri '-'_-"a - - - ��,s=��-=��:tt_�-� a '� ���` . +s ;,
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