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<br /> tM Praperty It�to ukon ar dam�pAd,L�nder�hell havs ths option.�n ita aota and absalute di�cretlan,to e�pty�II euch Proceeds.
<br /> dh�d�ductin�ther�i�om ail co�ts And expense�Incurred by It in connection with euc�P�oceada,upon any indaDtednsfs�a�curad
<br /> hanbv�nd in�uch o�der aa Lender may determlrte,or to apply all such Proceed�,eRar such deduci�one,to the re�toretion of the
<br /> Prop�riy upon wcii conqitions as Lsnpe�may determine.Any application oi r'rocwds ta indebtadness snati nai exi�ric3 us Nui�i���u
<br /> . � thi dcrs dats at�nY P�Y�h untler ths Nots.or cara any datault tt�eraunder cx haraunder.Any unappllad tunds 1h#11 b�paid io
<br /> Trupat.
<br /> @. ���l�Y L�nd�r.Upon th�occunence o!an Event ot Oelaulthereundar,or it any�ct Is taken o�tss�al proc�sdinp
<br /> comm�nc�d which mat�rially atfecb Lender's interest in the P�operry,lender may in ih own dlacretion,but wlthaut obtlpation to do
<br /> . so,lnd wiMOUt notice to or demnnd upon Trustor end without releasi�9 Trustor f�om any obNgAtlon,da any act whlch Trustor has
<br /> � MprMd but bII�to do and may alw do any other act I!deems necessary to protect the security he�eof.Trustor ahall,immediatsly
<br /> upon d�mand Ihenlo�by l�nde►,pay to Lsnder all costs end expen�es Incurred end aum�e�pended by Lender in connsction wlth
<br /> th�lxKCis�by Lender of ths fore9olnp rlqhts,topether with interea!the�eon et ths default rate p�ovlded in the Note,whlch shall De
<br /> acldlc! to the incieblednes� sacursd hereby. lender ahall not i���ur any liebiliry beCauae of anything it may do or omit to do
<br /> h�tlunder.
<br /> 9. 11�=��MaNrtaM.Trustor ahall k�ep the Properry In compliance witfi a11 appttcable lawa,ordinancaa end re�ulatio�s
<br /> rN�lln�to Indwhill hypi�n�or Mvlronmental protection(collectivety rete�red to herein as"Envlronmental lawa'?. Trustor ahall
<br /> � ksep Ehe P�operty trw irom all suO�tance�deemed to be haxardoua or toxlc under any Environmenta►Lawa(coltectitiety reterred to
<br /> he�Nr�as"Hazardous Materiat�"}.TrustOr hereby warrants and reprgsents to Lender that there are no F1AZArdou�MateriAls On or
<br /> under ths Properly.Tru�tor hereby aprees to indemniiy and hold harmless Lender,�ts d�rectors,officers,emptoyees and apent9,and
<br /> a�ysuCC�ssOrs to lande:'i interesl.from end apainst any and atl claims,damages,losses and I�abititiea ans�ng in co�aection weth
<br /> th�pre�sncs, use,dispoaul or transpoA of any Hazardou� Materials on, under, from or about the PRUperty. THE FORE(30Ii�t3
<br /> WARRANTIES AiND REPHESENTATIQNS,AND TRUSTOR'S OBLI(iAT10NS PURSUANT Tp THE FOREGOINO IN�EMNITY,SHAIL
<br /> � SUAVIV� RECONVEYl1NCE OF TN}S DEEO QF TRiJST.
<br /> 10.AN{af�nM►10l R�nh.Tru�tor hereby aesigns to Lender the rents.�s�ues and prof�ts of the Property;providsd that Tru�tor
<br /> ; sifall,until the ol:currence of an Event oi Oefauft hereunder,have the nyht to Collect and retein suCh�ents,issues and protita as Mey
<br /> � beCOma due and p�yable.Upon the occurreRCe of an Event ot Detauit.LenCe►may,e�ther�n pe+�son or by a9ent,with or without
<br /> brinpinp any action or proceeding,or by e recewer appai�ted hy a court and w�thput regard to the ade�uacy oi its security,enter
<br /> upon a�d take pogses�i0n of th8 Prepe�ty,or any pan thereot,m its own name or m the name of the Trustee,and d�any acts which it
<br /> � deem�necessary or desirable to preserve the vaiue,marketab�liry or rentabal�ry o1 the P�operty,or any part thoreot��,nierest thereln,
<br /> Increaae the inCOme thAretrom or protect the secur�ty horeof end, wilh er ,v�thout takmg possess�on ol the Property.eue!or or
<br /> �� otherwlee collect ths rent�,i�sue�and profits thereof, �ncludmg those�as2 due and unpa�d.and apply thp stime,le►ss costs and
<br /> expenaes ot operatlon end collecUOn mclud�ng atto►neys'fees,upon an�,r�eDtedness secured hereby,al1�n such or�ier as Lender
<br /> may datermine.The enterinp uRu^•and takin�possess�on a'��e Prope�ty ihe col�ec�.a�"ot such rents, �ssuQS and profits ertd the
<br /> ' spplication thereol as atoresai0. S�'.dll not Cure or wa�ve an} .70fault or nC::ce ot de`3a t hereunCer or mvalidate any act done in .
<br /> r��se to such detault or pureua.^.tto such notice ot detault and.notw�thstandmp the c�rtmuanc��n passes�iQn oithe P�operty or
<br /> the Coliection,recelpt and appticat�on ol rentz.issues or profits.A�d T►:este�and lender shatl Oe entitled to exerase every nght
<br /> p�avided 1or In�nyot the Loan Instrument�or Oy taw upan occurronco ot a^�Event of Default,�nC1uC�ng with0ut timitati0n the ri�ht
<br /> to BaeKC+se the powar at sale.Further,Lende�'s nghts and remfld�es undvr tn,�paragraph shal I be ca:mulat�ve w�th,and�n no vvay a ' �
<br /> • UmIt�U��n,Lender's nphts and�emed�es under any ass�gnment o1 Iease�and�enta r�corded aga�nstthe Propert} Lender.Trustee '�_
<br /> — and Ql!f@CQiv@f �88tt D8 UaQtB ia BCCUU►R Onry for mpse rents acivairy rezenceu. -
<br /> • 11. EwnM d OMwM.The toltowing ahall conshtute<�n Event of De�autt under tn�s Oeed of Trust� `
<br /> ' (a) Felturo to pay any instaltment ot pnnc�pal ar ,ntt�reat ot an} Qr1�:e� sum secured ht+reby whon due. -
<br /> (b) A breach oi or delault un�er any prov�s�on conta�ne0�n ttee t�4�e,this Qeed at Trust.any ot thA Loan lnstr�mente.Q►any
<br /> other lien or encumb�ance upon the Pcoperty.
<br /> (C) A w��t Of exeCUUOn Q:ettaChment ur any Similar process shall ba entere�.:�k3mst trustar wn�ch s►�a11 becomo a IiPn on
<br /> the Property or any pOrtion t:tereof or mterest therom, _
<br /> id1 Thereshall be fded by or against Trustor or Borrower an aCS�on u�dCr dry p►esent or futurp fed9ral, state o► OthBr
<br /> stAtute,law or�e�ul3UOn relpting to bartkr JG'cy.�nsoivancy or other r� .et Inr debtors.or tne�e snaii be appanted any trusaee.
<br /> reCeive►Or liqu�d3tOr Of�ugt0�Or eOrrOwerUr Ot�tl or any p8n Of Ih�+r'�fpp@rty,O�thp rentS.�55.:es o�prol�ts thereof,ar Trus:ar
<br /> � or BOrrOwer sh8i1 mAke An{general assignment for tne benet�t o�crea�tors.
<br /> (e) The sale,tran�fer,lease,ass�gnment, convayt�r.ce or tu�ther encumbrance ot al1 or any part ot or any:ntereat in the
<br /> PrOperty, e�ther votuntanly vr mvofuntanly, w�thout tho o�press wr�tten consent ot Lenaer, prov�Aed that trustOr shal) be
<br /> permitted to exacute p lease o1 the Property tnat dau�not conta�n a^oRl�on to qurcnase and the terrn ot whach doey not excead
<br /> nne ye8r;
<br />. (1) Abandonment of the Propeiry,or
<br /> ' (q) If Tre�slOr�snotan i��ividua�.lhe�ssuance.sa:v.tranStor,�35s.gnment.convey.3nte or encumbranCe of morethBRa t�tal Y--
<br /> o! percont ot{�1 a torporaUOn) �ts�ssued and outsfan�r.g ytock or Ut a pa►tners��p1 a total ef ....__ _ percent ot ,;
<br /> pertnetship m18teSi5 dutmg thv penod m�s Deed ot Trust rem3:rt5 3��en on Iht Pra;,crry
<br /> 12. R�nNdiM;Ae�NM#Non Upon DN�uit_in the event ot any E�ent e�:3stauft Lendei rtiay.w+tnout nr�t�ce e+�cept as requ�red by
<br /> law,declare ell fndebtedness securoC hereby to be due a�� payarsia and the same snnn tne:cupore necome due and payable
<br /> wiNout any presentme�t, demand,protest or not�cv of art f k rd Thereafter lende� *+�ay
<br /> (ay Oemand thnt Trustee exerc�se tho POWEfi OF SALE grent�ti r�ere�n. and Trussee snait tnereatter cause Trustor's
<br /> . mterest�n the Property to be sotd and tne pr�Leecss to bv d�stnDutod.�u m thg manner prnv+ded�n the Nebraska Trust Deeds
<br /> ACt
<br /> t01 EkerGis� any and a�� r�ph:s prov�dcd :ar r:�:sny a!tlov L�a:�;::sli::,:�er�is vr Ly !aw u�.����CLu+rE�•ip Of erty E.��'�Ot
<br />� a8t8ulY,and
<br /> (C) Commente an att�on to forectose th�s Deed ot Trust��s a mortgagc�,appa�nt�roce;�er.o�spec�f�cauy enforCe any af tre
<br /> co�enants hereat
<br /> Norgm2dy herein Confe►red upon or resenea to rr��stee or LendEir �s��}tended to be exclus�ve of any othsr remedy nere�n,in the
<br /> loan lnstruments ur by law prov�0ed ar pQrmrtted but�acn sf�a�l t�e cun�u�a�•ve �,r�a��bE��adcs�t�a^tr,CvE�ty Glhef �Qrtt@dy l3ivQ11
<br /> hereunde�,in thee LOan IngtturnentS 0�no�v or herea�ter ex�st•�g aS!JrL W���E'Qu.:y U�bY`-+�J!J'.(' ii`�tl�*'0q U@ t;KBft,�5Q0 GOnGu�f�ntly
<br /> �ndependenGy or suCCessively
<br /> 1 3. TrWtrt. Th� Truste[: may res,gn at any t�n�e w�thaut ca�s��. a<<U lP��de� n�a, at an� �.�,�e nr� w,tnout causo appo�nt a , _ ,
<br /> s�cc�ssor or sunsUtute Trustee Truste+e sna��not tso s�ab�e!o n��y pa�ry inG�:.diny w4RUut^m•t.3l�L"LB��dE� aA��6IVdL tUSfOt Of 8f1y .
<br /> �9LIChflSCt 0�lh�P(0"�l'8t1�,IOr��ny to5s o�daMC§c�B t,��U55 Ou0?O�CC�'PSS 0' Nd"u'R�iSC4^tluCt dnd 5�18�• �0'ae►�quved to take any
<br /> FlCUO"t�n conr.eceon wrth the ontOrc�w'pn( of tn�s Qeed d► Tr�.Sf U++'OSS •n�emn�l�ep �n �n;n� fU� cl�l GOSIS GO%s'+pensat+a� OJ
<br /> SxpBs'sS@S �NhiCh m�y b@ aS�OC�aitd therew�th I�a�tl�ti0'� T�uSlee�t�ily I�CGOnte�i Nurc,t�dSei IN crny Sa�E O}th@ F'rOpCfty Uud�CtB�0�
<br /> tl(148- the po�ver ot saie q�ante9 ��e�e«i. c�ostpono in� �alp �1 �il 6' 3�y GOr!.pn pt tr�� PrUuH�ty. i15 p��r�dQQ D/!.iW U� SE`�•1hC
<br /> Peoperry as a whole. u� �n sepa►ato pa�ce;s o�iots at'f��,s?ee s a�scret.�n �r
<br /> t A F�ta�ndEYp�ns�s.Iti Thg OYE•:11 TtuSlCtf SE.'��5 1hED PfUCP�ry n�•e�crc�sQ C}K•��•�E" V�S:i f: r=u51f;t b1�7�� t:N B�'1�liE(j f0 c�G+(uY �Y
<br /> L anys:ale Aroceed9l�rst to pay���ent ot a!�costs�e�Pr�C"`SCS uf E'yE�c•5•�g ;:o�e�i��S,id` ^( uS •'3:i��''�u5!e•t�i 'P�5 :��'.]�E't �Et�S ��sT
<br /> andTrustee'satt9�neyst�os.act�aiiy ��cu��e�it�r�M[v��►��+�„ !tf:SDy f1.���� ;h£'•:Vra � r�t'�•.t"!h. "i��t.E" '��..S10�f7af'IC�SPSii��y �
<br /> lrght �r0:+�dC�by I�u►� tu tu�o�n �YE'n!01 OC}.'iUl1 iCndE7� 5���! - Ct`C• •11•.! ' �'t•. .�.t�. �.i �. ' .,� �' �+• �.S!S !f''•.2 t'■pE�'�StS dCf�d�l�r � �
<br /> i iGU U(1 A$ al 1E`SUt O ,�� i�y �!h L�; i • ., � ,. S �,F:- � � c >•,ES '� '�t �'x:B��r n•ni,tie:J D
<br /> r r v 1 t TruStDr 5 det�v t. .,9 .v c.,.I �t.�t��• •,� .'°•t r L..• r R
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