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•. ENWAM annals L Lrendei is heraby aasignm all Compensation, awards. damages and other paytilents or telief (hereinafter "Prac@eds") in confection wilt+
<br />Cp evytiplearolAertMrIngolgttproparlyorpartther eof.orforconveys inhauotcondemnatlon . Lender shall beent, fledatd s option 10 commence. appeurnand f
<br />- r - pr tags;`�OffiN �lttFtt Ma rlyEnn+ dcmauoeWtttaatfttlitieOnnlChotivnthluCnllkingordamaga (nttN _
<br />event any portion of t11a Property 10 ee Wren or damaged. Lender shag have the option, to its sole and absolute discretion, to ayp y all such FOCeed�ttot dour i-ng
<br />therN any indMtedrtirssNCWeOhereby andinouch orperasianbr maydafermiM. or to
<br />nx%McoM andexpensesincurredby it inconnoction with suchproCeed, upon
<br />apply an tutlt procea@. Ozer such deductions. to the restoration of trte Property upon such conditions is Lender may determine Any application of Proceeds to
<br />indabMdrtefs shag not extentl or postpone the due date of any payments under the Note. or cur* default thereundsr or hereunder
<br />— -i: Pwfereiareti}ILr�.: r issihaati: ntotSossayrefafadut OtOVer Inn n'- nyofthecovenrntiha rernormateanypsymentaaquuedhersby .orifanyactistakenOr `
<br />p ikeaolahCpbwhichaialerlNlyallectatendersnterwIintheprop@ rty. LendermayinitsowndAtra 110n. butwi thoutob14itterefedoCo .andwithoufflOVOe
<br />tteBorrawahasa¢ readwLtiistadasndmayaOQOmyrtharaGf it
<br />Ida deman9 ady ohtigattOn. do any met which
<br />t r t g vefr
<br />deems necessary to protect the security haMiff. Borrower shall. rmme"Cilly upon demand therefor by Render, pay to Lender all costs and expenses incurred and sums
<br />expand@dbyLendw in connection wahthe exercise by Lender of the foregoing rig( its. togetherwnth interest thereon thersteprovidedinthe Note. which"I beaddadto
<br />1M Indebtedness secured hereby. Under shall not incur any personal habiIsWbecause of anything it may door omit to do hereunder
<br />S Eeertls of DelatY. The 101110wing shall constituts an event of default under INS Deed of Trust
<br />y). Falluretopay any Installment ofprincipatorinterestoranyotharsumsecuredherbbywhen due. ortaitut etopapwrtlendwanyotherindebtedrimof
<br />Oorrower tisLendM:. .
<br />(b) A breech of or twAult under any provision cop lainadin-the Note. this Deed of Trust, any document which sifeures the Note. and any other
<br />. � enClahbratice report 1ha Property: - - .
<br />U2 (Cl, AwritolexeeutionorsttachmentoranysimdarproCessshsllbeenteredAgainstBorrowe9whichsballbecomealienonthePropertyoranyportion
<br />thereat or interest then
<br />(d) There shah be filed by or against Borrower an action under any present or future federal. state or other statute, law or regulation rotating to — —
<br />barikrtiptry .iniotvencyorolherceliittor - beappointadanytrustee eceivaracliquidattarotearcowerOrate 'sa anypartefthePtopert er the tents, issues or profits thereof, or Borrower shall make any general assignment for the benefit of creditors
<br />0 (e) TIN sale, transfer, assignment, conveyance or further encumbrance of all or any part of or any interest to the Property. either voluntarily or
<br />iiwokintarily, without the express written consent of Lender
<br />(f► itSorrowwrisactsoindividual •thesate, transfer .assignment,conveyancsor encumbrance of mar a than n/a percentolinscorporation)ifs
<br />issued and outstanding stock or (it a partnership) r /a percent of partnership interests
<br />S Rwee/es;AoeNaraWe Upon Default. In the event of any Event of Default Lender may declare all indebtedness secured hereby to be due and payable and the
<br />seine shall thereupon become due and payable without any presentment, demand, protest or notice of any kind Thereafter Lender may:
<br />(a) De( nandthatTrusteeexercisethePOWEROFSALEgrantedherein. andTrusteeshallthereaftercauseBorrowersinte restinthePropertytobesold
<br />and the prtfceedsto be distributed, all in the manner provided in the Nebraska Trust Deeds Act;
<br />(b) Either in person or by agent. with or without brimmng any action or proceeding, or by a receiver appointed by a court and without regard to the
<br />adequacy oldssecurity. enterupon and takepossession of the Property.or anypart thereof. to itsown nameor nthename of theTrustee. and doany acts, which
<br />it deems necessary or desirable to preserve the value, marketability or rentability of the Property. or part thereof or interest therein. increase the income
<br />therefrom or protect the security hereotand. with or without taking possession of the Property: sue for or otherwise collect the rents. issues and profits thereof.
<br />Including thosepastclueland unpaid. and apply the same, less costs and expenses of operation and collection including attorneys fees. uponany indebtedness
<br />secured hereby, all in such order as Lender may determine 1 he entering upon and taking possession of the Property. the collection of such rents. issues and
<br />probtsand the applicatron thereof asatoresaid. shall not cure or waive any default or notice of default hereunder or invalidate any act done in response to such
<br />default Ot pursuant to such notice of default and. notwithstanding the continuance in possession of the Property or the collection, receipt and application of
<br />rents, issues or profits, Trustee or Lender shall be entitled to exercise every Fight provided for in any of the loan Instruments or by law upon occurence of any
<br />event of default, including the tight to exercise the power of sale. and
<br />(C) Commence an action to foreclose this Deed of trust as a mortgage. appoint a receiver. ur specifically enforce any of the covenants hereof.
<br />No remedy herein conferre0 upon or reserved to Trustee or Lender is intended to be exclusive of any other remedy herein or by law provided or permitted, but each shall be -
<br />cumulative. shall be in addition to every other remedy given hereunder or flow or hereafter existing at law or in equity or by statute and maybe exercised concurrently. ,
<br />independently o) successively
<br />10. Trustee. The Trustee may resign at any time without cause. and Lender may at anytime and without cause appoint a successor or substitute Trustee Trustee
<br />shall not be liable for any loss of damage unless due t0 actionable negligence or willlul misconduct and shall not be required to take any action in connection with the
<br />enforcement of this Deed of Trust unless Indemnified. in writing. lot sit costs. compensaiton or expenses which may be associated therewith In addition, Trustee may ,
<br />beco me If purehaseratsny $afootthe Properly (ludicialor under the power o1 sale gf anted herein). postpone the sale of all or any portion of the property. as provided by law,
<br />or sell the Property as a whole. or in separate parcels or lots
<br />tit. Future Advances. Upon request of Borrower. Lender may. at its option make additional and future advances and readvances to Borrower Such advances and
<br />readvances, with interest thereon shall be secured by this Deed of Trust At no time shall the prin ipaI dnln„nt sit the indebtedness secured by this Deed of Trust. not in-
<br />eludingsums advanced toprotectlnesecurdyolfhis Deed ofTrust, exceed the original principal amount stated herein. of _rill_— _- .whictleverm °
<br />greater
<br />r
<br />MlseeHeneousProvisions.
<br />(a) Wrrowir Not Released. Extension of the time for payment or modification of amuf elation of the sums secured by this Deed of Trust granted by
<br />Lender to any successor in interest of Borrower shall not operate to release. in any manner. the liability Of the original Borrower and Borrowers successors In
<br />interest Lender shall not be required to commence proceedings against such Successor Of refuse tu extend time for payment of otherwise modify amortization
<br />of the sums seturedDy this Deed of Trust by reason d) any demands made by the original Borrower and Borrowers successors in interest
<br />(b) Lenders Powers. Without affecting the liability of any other person liable for the payment of any obligation nerum mentioned. and without affecting
<br />the lien or charge of this Deed of Trust upon any portion of the Property not then or theretofore released as security for the hill amount of all unpaid obligations.
<br />Lender may, from time to time and without notice U► release any person so liable. lu) extend the maturity or alley any of the lefms of any such obligations, (fit)
<br />grant other indulgences. (iv) release or reconvey. or cause to be released of reconvoyed a1 any time at Lender's options ally parcol. portion or all of the Property.
<br />(v) lake or release any other or additional security for any obligation herein mentioned. or full maku composttions of other arrangements with debtors in relation
<br />thereto
<br />1 '" i
<br />(C) Folfwaraneeby Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder. or otherwise afforded by all CabI
<br />law, shall not be a waiver of of preclude [no exercise at any such light orremedy The procurement ofnsuranceorinepayment o f taxes or other lien %or charges
<br />by Lender shalt not be a waiver of Lenders right to accelerate the maturity of the indebtedness secured by this Deed of Trust
<br />(d) - Successors and Assigns Bound; Joint and Several Liability. Captions. The covenants and agreements herein contained shall bind. and the lights
<br />hereunder shall Inure to. the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 8 (e) hereof All covenants and
<br />agrsementsol Borrower shattbepont and several ThecaptionsandheadngsoftheparagraphsofIhis0oedofTrustareforconvenienceonlyandarenottobe
<br />used to interpret us define lye provision! hefeuf
<br />(e) Rp walI" Noikes, Thepartiesherebyrequest thatacopyofanynoticeofdefaulthereunderandacopyofanynoticeatsatehereunderbemailedto
<br />each party to aw tobe given in another tmanner. any notice provided foe in this Deed of Trust shall) b given by mailing such notice by cell lietd mail addressed to the other
<br />parties, at the address set forth above.
<br />Any notice provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner dosignaled herein
<br />(t) Inspection. Lender may make of cause to be made reasonable entries upon and mspectionsof the P(opeity. provided that Lender shall give BOff0wOr
<br />notice prior to any such inspection specifying reasonable cause thereto( rotated to Lender's interest in the Property
<br />(g) Raeonveyanee. Upon payment ol all sums secured by this Deedol Trust. Lender sh all request Trustee toreconvey the Property and shall surrender
<br />reconvey the Properly without warranty and
<br />this Deed of trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee Trustee shall
<br />without charge to the person or persons legally entitled thereto Such person or persons shall pay all costs of recordation. it any.
<br />(h) PeraonNPropef( y. 9ficuill yAgr eemMLAsaddittonal securrty for tile payment ofthe' laisatlfr .tu(as.equipment,er•.dother +rsonaiQrope(lyused
<br />in connection with o f t tnorealestatesecuredhereby .shallbe -
<br />subject toasecuntyinterastinfa ,iorof the Lender undorIng Nebraska Uniform Commercial Code This instrumeint shall be construed asaSecurityAgreement ,
<br />under said Code. and the lender shall have all the lights and remedies of a secured party under said Code in addition to the rights and remedies created udder
<br />' ands, E6rdedtftEltenderpursurnllvl ;waEiec,6ufirust `• -
<br />(i) SewraWNly. InfheevonithatanyprovsionofthisDeedofTrustconflictwltnappueaolelawO forodectarsdirrt :doratfsr.nseu ^e. ^.tor= eshie•a�ch
<br />conflict or invalidity shall not affect the other provisions of this Deed o1 Trust or the Note whic h can be gluon effect without the conlbang provision. and ro flits i
<br />and the provisions of the Deed of Trust and the Note ate declared to be severable
<br />Borrower has executed thin Deed of Trust the date whiter, above.
<br />lrC) [ r•j - -il . «.� C7 1 �` _ BO((O erci'
<br />J • i�. L i c., 1 4. B6flewer ,_ },
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