1
<br />6 Eatlsaeel 1Daemblef. Lender fs hereby assigned alt compensation. awards, damages and other payments or relief (hereniafler' Proceeds') in connection with
<br />condemnatxlnbrtlthertakingOtthePrOpertYOfPartthereat. ortorconveyanceinlieuofcondemnat :on Lender shall be entitled at its option to commence. appear in and
<br />prosecute in its own rams any action or proceedings. and Shalt also be entitled to make any cdtR.P v,-jSe or settiQmeril in connection with such taking or damage 11111119
<br />event any portion of toe Property is so taken or damaged. Lender shall have the option, to its sWitt id absolute discretion. to apply all such Proceeds, after deducting
<br />11*111 rot" 00 costs still dxp~ incurred by it in toneseCtion with suct proceeds. uponante Indebtedness secured hereby and in such orderu Lender may determine. or to
<br />apply all such Proceeds. after such deductions. to the restoration of the Properly upon such conditions as Lender may determine Any application of Proceeds to
<br />indabladneot shall not extend of postpone the due date of any payments under the Note or cure any default therlunder Or hereunder
<br />CD 7. pellenusseliyL" Wier. intheeyentofOorrowet- sfailuretoWarmanylot thecovenemshereiinormakeanypaymentsrequtredhereby .oritanyactistakesor
<br />V" " 1peoeeedingcommencedwhichmateriallysflsclsLender' sinteroSItothePr operty. Lendermayin+ tsowndiscretion. butwithoutobl igationtodoSo.andwithoutnotice
<br />.ii" toordenonlupon Goorowarand without releasing Borrower from any obligation, d3&nyact which lfle Sot rower has agreed but fails to do and m*yalSodo any otheraCtit
<br />'asset neegsarletcipratectthesecunty hereof Botrorter shall. immeldeatefy upon demand therefor by Lender. pry to lender all costs and expenses Incurred and sums
<br />*xpMQifii brLe+MeriniCOnnat-t*nWith theexastis+sb-,F Lender of the toregoing rights. together with interest thereon at the rate provided in the Note- which shall be added to
<br />the indeLiadrieaa secursd Hereby Lender shall not Incur any personal hagatety because of anything it may do of omit to do hereunder.
<br />• [tulip Deft 11L The following shalt constitute an event of default under this Deed of Trust
<br />' (a) Pai tuntopayanyinstatmentofpnncipal rolY, tft�toranyolln er sum secured hereby when due. or failure to pay when dueany other indebtedness of
<br />Borrower to Lender.
<br />(b) A breseh of or default under any provisson'Eantained in the Note. this Deed of Trust. any document which secures the NOW and any other
<br />C" enco"rarice upon the Property:
<br />00 (c) Awntof execution orettaChme it of any similar process shatiiDtenttr edagainstSorrowerwhi ch0atlbecomea lienonthePreperiyoranyPortion
<br />tllaseol a irlNgst th&rern:
<br />(d) There shall be filed by or against Borrower an action under any present or future WeraY. sale or other statute, law or regulation rotating to
<br />bankruptcy. tnsotvencyorothar relief fordebtors, or there shall be appointed any trustee. reap wsas f,qu,datorof Borrowerrar.Of all orarty partot the Property, or
<br />the •refits. issues or profits tttare011, or Borrower shat'. make any general assignment for tft b -efil of Creditors
<br />(e) The safe, transW. assignment. conveyance or further enc ambrence of all or ar yV part of or any interest ar Bee Pmperty;'gtther voluntanty or
<br />involuntarily. without the express written consent of Lender
<br />(f) it Borrower is not an individual. the sale. transfer. assignment conveyance cr e- ,c.+,•- brance zY 7iQr,?;tidit•_ - 7- ,- pi'uu-.tof Pita corporation) its
<br />issued and outstanding stock or (d a partnership) _ _ porcen) of partnership tntere,49 -
<br />9 %MWIM Alden sollea Upon 0@11si .In the event of ant Evil of Default Lender may declare all +ndatrt rsS secured hefiby to be due and payable and the
<br />sarru shaRthersupon become dial &rid payable wdhaun any presentment. demand, protest or notice of any kind Ttye:eWter Lender may
<br />' (a) iieflandMt lTrustwexuctisefar P+ OWEROFSALEgranted.fteir tits. and Trustee shall thereattv Wuse Borrower's interest in the Property to be sold
<br />1 and Me pffaceeds to be distributed. all ir-°hk manner provided in the NebTmia Trust Deeds Act.
<br />(b) Either in perslnar by agent. with or without hanging any aC.'�n or proceeding. or by a receiver appointed by a court and without regard to the
<br />i sdlqumey of As se cunt. tM!lr upon and fate possession of tie Properly, ci any pan thereof. in rtsown name 0r in the name of the Trustee. and doany, acts which
<br />it deems necessary or rlestebte to preserve the value marketabdity cc rentability of the Property, at pan thereof or interest therein, increase the income
<br />? i tflerabomor project the Mcurdy hereof and. with orwdhouttakingpos_es anottheProperty. suoforofOtherwisecollecttherents .issuesandprofitsthereot,
<br />includingttioss pastdueand unpaid, and apply the same, less costs and rarpanses of operation and collection including attorneys' fees. upanany indebtedness
<br />sseuted rwphy, all in such order as Lender may determine The ento3iv j. urt:n and taking possession of the Properly, the collection of such rents. Issues and
<br />profits apd the application thereof asaforesaid shall not cure orvuzrm x: ydt4faultor notice of default hereunder of, nvalsdate any act done mrRSpOnsetOSUCh
<br />deault or purauant to *-tcb notrceof default and, natwrtr :x f. - r�.thu %. ninuance in possession of the Property or the collection. receipt and application of
<br />rants. t&suasor profits. Ts,zte! or Lender shall be entdle2 right provided for in any Of the Loan InStfument5 or bylaw upon occurenceof any
<br />scent of default. including the right to exercise the power at sate. and
<br />(ct b:,emitierice an action toforeclose this Deed of Trust as a moetgllrte appoint a receiver or specifically enforce any of the covenants hereof,
<br />tVoramedyWirmc netluponOfre servedtoT,.-- Vear rLenderrsintendedtobeeiio wreofanyotherremedyhere: rurbytawprovidedorperir ,tt+hi;f;trilochshallbe
<br />cumulative. shall ba••rrc►:dettonto every other reniadyr}ayen hereunder or now of nereoftereinshng at law or in ege;•t•r ,r by statute and maybe exerrp+iud.cancurrerttly.
<br />ffldlpafANNY or succesorwy
<br />i0. Traalee. The Trustee may resign at anytime withoutcause and Lender m3r, at ant, time anti Without cause appoint a successor or suf3stitule Trustee Tiuyfia,
<br />shall not beltable'for any toss w damage unless due to actionable negugence or wiuful misconduct and shall not be required to take any action in connection WIvAla
<br />enforcement of this Deed of Trust unless indemnified. in wnhng. for all costs. compensation OF expenses which maybe associated therewith In addition, Trustee may
<br />becorneapuirehefsratSAY"Id, Of this P(OP"(Iud'CISI or under rise power of safegratited herein l postpone the safe of all or any portion of the property. as provided bylaw;
<br />or sell thl Property as a whole. or in veparate parcels or tots
<br />11 Fob" Aelfwees. Upon request ofBorrower Lendermay alarophan make additional and future advances end readvancestoBorrower Suchadvancesand
<br />roaedvanees. with interest thereon, snail be secured by this Deed o f t rust At no time shall the principal amount of Ina indebtedness secured b this Deed of Trust. not in-
<br />cluoingsums advanced to protect the security of this Oeed of Trust exceed the original principal amount stated herein. ore. 25040.0.00- ---- whichevai,s
<br />gref(sy:
<br />12 IYstaslastMw /aseMCI-
<br />n fell rim for munt or maddicalson of amortization tall' Ifrn sums secured by this W*dl.(st Trust granted by
<br />±off Woo 94 w New fldalael. EWIT Io o t e e a pay
<br />Lender lfl�jAy successor in interest of borrower shall not operate to release iii any manner the liability Of the original Borrower and Borrower's successors :n
<br />interest. Lender Shalt not 7e required to commence proceedings against sue h success,: i r. r iz f: rte too pi tend time for payment or otherwise motldy amorhu'l .ior;
<br />of the sums secured tryis'r.s Deed of trust by reason of any demands made by the v ,;mar P.i.:rrtrvver and Borrower's successors in interest
<br />(tj. JAW ea'OPliggir Wethoutaffeetmg the liability of any other person liable lot Cie pa yment of any obligation herein mentioned andwdhoutaffecting
<br />the lien rincharge of this Deed of Trust upon any portion of the Property not mfr „r theretofore released assecunty forth 0 full amount of ail unpaid obligations.
<br />Lend" -3--y. trom time to time and without notice (i) release any person s3 i'•zf:-e (u) extend the maturdyor alter any of the terms of any such obligations. (in)
<br />grant other indulglnces.(iv) release or reconvey or cause to be released or reconveyeeiat anytime at Lender s options any parcel pop [toll up a[; olthe Property.
<br />(y) take of release any other or additional security for any nbL-gation'ieiee n ment, Ored l:e Jill. snake c Omposdion s or other arrangements with debtors in relation
<br />thereto
<br />(e) FeAeetaWAbVLMdM NMatNalwr .Anyfarbearancebya_en.erinexe °.,. sb i +),t.•vrgiitorreme0fheteunder or other wise affotdedbyapplicable
<br />law.snW,.nol boa waiver ofor preclude the exercise of any Sur h rig1it0rrt,r,t1v %w"Itenl fit ,, salancl. or shoo payment of taxes of Other liens or charges
<br />ty LsAtfaf> shall not be a waiver of Lender at igni to accelerate the matur.r, ,i the .n;nhi4;1nr :55 gt•: fills by th i5 Deed Of Trust
<br />(vt)' AweMpiremd AssWaNeywst; JOUR ate "well LIM(Yty: Capslage. Tr.r, and Lr.j•eemenls herein contained shall bind. and the rights
<br />nereusler vhai; mute to the respective successors and assigns of Lender and Bonowrr, yublecl to the provisions of paragraph 9 tea hereof All covenants and
<br />e gre emilnlabfBorrowefttsatlbe joint and several The captions and headings of the pa+ayrli(:hspfth is Deed of Trust are for convenience only anti are not tri
<br />usied tdhiti ipret or define:he provisions hereof
<br />(nj # elpYaafllrNlr0e4The parties hereby request that a copy oftnIF notice of default hereun do? ar, da copy of any notice of sale hereunder bemaLrd10
<br />each partytolhisDeedofTrustatihea ddresssettormaboveinthemannutmescnbedbyapplicableraw Except for any other nottce required under appltcable
<br />lose to be given in another manner. any notice provided for in this Deed or Trust shall be given by ma.l.ny such notice by certified mail addressed to the other
<br />Wipes, 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 up the manner designated herein
<br />. (t) %111p1Im LetidermayingkeorCausetobamaderaasonabteentr/ eguponandinspcCtionsoftheProperty. providedthatLend ershallgiveBorrower
<br />moire, prior toany such inspection specifying reasonsolecau" therefor related to Lender's interest ui the Prupsrty
<br />tgj As0l11sskanLe• Upon payment ofall sun S sec uned by this Deed of Trust Lender Sha�NCyu CSt ituSiCetO tCCOn.ey the prOpetty and Shallsuttender
<br />this Deed oil Trust and it) notes ow.doncing indebtedness secured by Inis Deed of Iff-St to Tfus*.te Trusteeshailretuni ey the Property wAhoul warranty anti
<br />mlhoull Mtge tat" person or personi legally entitied thereto Such person cr perso ^•a shat pay a•t costs of rec: :rdatton d any
<br />(ht / isesaaat► rsifery, feeiy(t yAgrgersftf• Asadditi onalsecurityformepaymentoftheNoteall fututes equ pmem and other personal property used
<br />inCOnhaCI: On with the pelf estate ofimplovementswcatedthereon and nor ottief %,se declared of dtemed to be a Vail Of the teal estate secured hereby shailbe
<br />~I Thmtristeument shall t)aconstrued saSecunryAgreement
<br />under said Code, and the Lender shall have ass the rights and remedies all a secured patty under said Code fn add t:on to the rights and remedies Created under
<br />and accorded Inc Lender pursuant to this teed of Trust
<br />(it SoprakMy.In1twevenI that any pfo.iSo: -0l this Deed of T rust corf'itt w :th app!ir . able fab or efe declas ed•n +aiid or otherwise urienfotceaWe such
<br />o0nfi;cl or invalidity shah not alfactthe other prOy,stong Olthis Geed of T rust or the Note wh:ch can" g, den effect without the L On11.66ng pro.,S•on andtothis
<br />end the provisions 0! 9* Deed at TruST andthe NOte are decrarm Tel re saverame
<br />Qprrowa• nag executed this deed of Trust tree da..e wf,ilen abctxe
<br />L MID - NEBRASKA. DISPOSAL, INC.
<br />6trr3Nef
<br />BY: ✓ ^fie % �_sds..r� -�-!
<br />!3 tt; sues
<br />Leslie G. Wt�ulta"rfl, President
<br />
|