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<br /> :.}g`'_ ��..,-;:4�:"�f•�� '�ccee�'}tn ao�lon with aondenu�lcn w other ta4dng oi the Praperiy or QaR thereof.or tor oom�eyanoe in Usu of condemrmtlon. '.1°- �'-
<br />-� � ;� � tender ehaU be ertt�ted ei as option bo wmmence.ap9ear Ir�and prosscute in iis own name arry adion ar prcc�ings.and�alsc �=_%� -j ,.;
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<br /> �� �°; °�a 't � ba e�itied w make any compramise or setdernert in connecKan with such tatdng or damage.M the event any pofior►of!he Prcperty ts , < -
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<br /> �G s_ :: r ,� sa taken ordamagsd.Lersder shafi have the op+ron in its sote and absoWte disaeUon.�o aPPty aff such pr�eeds. after ded�+cdn9 � s' `�,
<br /> � ' U�eretrotn 811 onsla end ex�ense.s irictured Oy�In oonnec�ion wiU�sudt P r o o e e d s.upon anp i n d a b t e�tess secttre0 h e r e b y end in sud� .;' � R -
<br /> ='` : '.'• order as L�ender may deteRnine.ar to appty ell suc�Prooeeds.aRer eu�dedudficr�.to tAe�sDoratton of the Pr+oPerEY�an sucA oon- ..�.. � � R�
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<br /> - = -`:;' `-�= �tions as Le�er may detertntne.MY eAAti�tlan of Ptooeeds�indeb�sha0 noi ext�d or pustpone the due date ot arry pay- �,.
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<br /> � . ' �,, .`Rl;,�,. menis urtdertt�Note.ot aure et►y detault thereunder ar hereunder.11�►unaaPSied funds shaU 6e patd to Tn�sUOr. .:,,.< ��,�>�
<br /> -.Y.�:. :.�•�,' :' � 8.Pertoemat�ce by Lendmr.tipon ths oa:urtenoe oi an Event of Datautt here�der.or N arry act is taken or tegal pmceed'm8 <
<br /> wmmenoed efiir�matedaDf►aHeds Lenders intere�t tn the Property.(.ertder may in iis awn�on.but without abAgaiton t9 da�. v n::�;:. A:, .
<br /> � . -�- ` _ - � �_.� gnd wtihout notice to or demand upon Tnistor and without releasing Tmsmr imm arry obC�tion.do arry act wh1�Tnrs�r has ac,�eed � _- A
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<br /> c ✓�'^��F but PaUed to da and may atso do arry oUier act it deems nscessary to pmtect the sea�rity hereol.Tnutor shaR. immed�assry upon � ='`f
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<br /> :-=� ��,p`'"t '. dematid theteforby i.ender,pay to Lender a!1 cosfs end e�enses incurred and sums expended Iry Lendar in oonnection with the exer- , F_
<br /> x� • ..f, . dse by Lertder o1 the foregoin9 d�ts.toBe�her with interes!thereon at the detautt rats pmvtdad in the Mote.whicb shaU be added fis �% � �
<br /> � ..` �-,.-: z. 91e indebt�e�esa ssacced itareby.Lender sha0 nat incur anyt Qahil�yt be�ause of anything ft may do oromit tn do hereunder � ' �
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<br /> ..F' . _ `` �� 9. llesardous MaLerista.Tnistor sha11 kaep the Property in compUance with ati apDBcabte faws.ardmances and regula�ona r3 �'r . '
<br /> ` ,; �s': relaUng tio tndttstrisl tsygtene or emironmemal proLecHon(coQectively referred to hetefn as'Envitonmenta!law�l.Tntstor shatl keep :' '�
<br /> ` � �. ..r tlie Properry free trom eU�deeme0 ta be bazantaus ar to�dc under arry Environmenlal Laws(coUsativety referred ta herein ,� -.� -
<br /> .' � . as`Ffazardous Matedals�.Truator hereby Nrarrants and represeMs�o Lender thad U�ete are no Hazardous IlAatedals on or under the �i'� F F�'
<br /> ProPBdY.TnsEnr he�eby agrees to indemnityl end hotd hartNess Lender.its directors.ofltcers.employees and agerds,and arry suoce�- -. ¢` • ..
<br /> ` � sws to Lenders U�terest.from anA against eny snd aD daima�amaSes.tosses and UabAitles eds�n9 in oon�n wNn the pr�.sence. ` �.` ..
<br /> };c � ._ °•: use,dlsposel ar Uar�spoR of any Hazandous Materials on.under.irom or aboui the Pmperty.THE FOHEQOING WARRANTIES AlVD �- � `,,;� _�
<br /> REPRESL�iTAT10N3.ANO TRUSTOA'S OBUtiAT10NS PURSUAM TO THE FOREGOIIJG INDEMNITY,SHALL SUAVIVE �. �tr.� .
<br /> �' -c `� _ RECOM/EYANCE OF THfS OEED OF TRUSL � g===,'
<br /> ` 10.Ausignme�rts of f�anta Trus6or heceby assigns w Lender.and grants Lender a securtry in�rest in.aD pwsent.tadue and ., „ �
<br />'� ' . ` after a�istng re�.issues snd profits ot the Property;pravidad that Trustcr shall.unU7 the oscurter�ce of an Event of Oetauf�hereunder, �"';-,•< <�:,__,
<br /> � + � , have the dghi to caUect and retaU►sucb rer�,issuaa and proms as thay beoome dne and payabla•Upon tne�curtenoe oi an Evem of _ �. :
<br />� �, -� �'': Qefault,Lender may,eiUtet in petson or by agent.wifh or w(thout bringtng arry actlon or procee�ing.or by a recetver appoi�ed by a �t�
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<br /> cosirt and wNhaut regaN to the adequacy ot its securfry.erter upon end taks ossessfon ai the Pmperty or an art theceof �n its own . ^ :��
<br />�� , `. �, ;, aame or in fhe name W ihe TnisOee,and do a�l a�s which it deems nec�ssa�yr or desitabte to pressrve the value,markeffit►ilily or ` �� �f �' _
<br /> -- z"�� '� ����. cenmbifity of the Propecty.or arry part the�eof ar interest the�ein.or to incnease the income the�e�m or pro�t t�e�ri�hereof and. � �„�-
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<br /> wiih or without teldr�g possesston ot�e Property,sue br or othervufse caltect ihe rems.issues and pm�ts ihereof,tnduding those past � �� �
<br /> :�•.,�,... :
<br /> � ,.�, due and unpai�,by notHying ter�nta to matce paymerrts to Lender.Lender may apPty reMs.issues and profits.tess oasts end expe�- Y;:�r `' "�, ;.
<br />-�:? ;:;�::�_ .. ::`}`.<4;;��. es ot operaUon end cnllectlon induding attomsy's tees.tr�any indebteQness secured hereby.aU in such ordor as I.ender may defer- ��.?'_�;
<br /> ,�`ti.•.;:. �.c.: �ti: mina the enLeMg upon and taldng possesalort ot ihe Property.the coliedton ot suct►renLa.issues and protfts�and tde applicaUon ��,�;�� �=-
<br /> '� °- ihereot as aforeseid sl�aft not cure or watve enY�sfault or noUce of defauft hereunder or imralidate any ad d�one in�esponse ta such r.; �•�;
<br /> `_'� ._ n_r: fi�
<br /> ��� ` `� 4 � deTautt or pursuant to such noUce af defatAt end notwithstandi�tlre wnitnuance tn possession of the proyedy or the ool►ection. ��` —
<br /> ��.:.,. .. � }l receipt and applicaUon of rents.issues ar pcofits.Tnistee and Lender shatl be entHled to exercise every dght provided for in arry of fhe `r�, '���� �_
<br /> «� .:
<br /> y;,, • t . Loan Instruments or by law upon ocxusrenoe of any Event of Oelaui�includng without llmtmttcn the dgM to exerdse ihe power o!aete. F��"
<br /> y 9 �� t FuRh64 I.enQers rlgMs and remedtes under this paragraph ehall be cumulathre wiTh,and ia no way a timitation on,Lenders dgbts and ;.:° a(�:
<br /> � : .' . ;�.;_
<br /> : , `.• remedies unQerany esstgnment of teases and renffi recarded against tt►e Property.Lender,Tnistee and tt�e tecehret shall be I(able to ji�,;',
<br /> - . - acoounl cNy torlAose retnsacWaliy received " `
<br /> �� , � 11,EveMs of pelautL The toltowing shail constitute an Event o!Default under this Deed ot Tn�st . 'f rr
<br /> tu
<br /> �- f .. + • . .<,.`• (a)Fa(Eure to Paf►anl►tnstaliment ot principal or interest af any other sum secured heteby wt�en due: z Yy°':•
<br /> �' • �� �)A b r e a c h o f o r d e f e u t t u n d e r an y p[a v i s t o n c o n t a fi e d i n t h e N o t e,t h i s D e e d af T n�s t,an y of the Loan instrumerrts.or arf�l : '_
<br /> , �:. oiher f€an or encumbrance upon the Property: , , s`':-;.
<br /> � � ;...4; (c)A wrfi of execution or attachment or any sim(tar process shall be entered against TrosOOr which sha11 become a lien on ��i�;i:
<br /> �' ' „ �'. the ProOerty ar any poRion thereof or Intereat tl+eretn;
<br /> �• (d�fiere shall be ftled by or against Trustor or Borrower an action under any present or future federai,state or o�er statute, •" ,x '�t_
<br />_�-, ;_ �. . , . �E�:, taw or re�utallon natattng W beNwptc.y.insolvenafr or other reBet tor debtor�ar there sha!!be apDointed any trust�e.�eaeiver or .., �� ,
<br /> �rr �
<br />�Y,: • liquldator of Trustor or Bomawer or of a�or any paR ot the PropeRy,or fhe rents,issues or proflts thereof,or Tmstor or Bortowe� . i�_
<br /> � � •-.� shall make ar�l Senerai essignment forthe benafd of creditoro: ; '
<br /> — . '��� (e)fie sate,transtar,lease,essignmenL com►eyence or turther encumbrence af ell or any part of or any interest in ihe :� � ' '��
<br /> �--� � -''' Properry,eriher volurttaAty or irnoluntarity,w3thout the express wrriten oonsent of Lender,provided t�at Tnistor at�at!be peimit
<br /> ���• ``�- . � bed to ezecute a tease o1 the Property that does not contain an opUon to purchase and the term ot vfilch does not exceed one �``• :,:4::��-
<br /> � ,F
<br /> � � year,
<br /> �� (Q Abandonment of the Properly;or
<br /> t (g)II Tnistor ia not an indlviduat,the Issuance.sale,transier,assignment,ccnveyance or encumb:ance o!more than((f e �
<br /> = corporatlon)e totel of peroent of its isswed and outstanding stoch,or pf a paMership)a totat ot per-
<br /> ":�:• � �• ._ - cent of paRnership interesis,or(if a dmited Hability oompan�a•tota!of percent of the 1lmfted liability oompa-
<br /> �,�.:.,'. _:., - P PBRY• ,.. ;
<br /> �:.;��� �, - ny intereats or roUng dghts duflng the Oe�od th�s Deed of Trust�emalns a Uen on the ro _ _
<br /> �''• �� ' ' AcceleTaUon Upon OetaulL In the event of any Event of 0etauft Lender may,without notice except as�equired ;,�`;::,��'-.� ,
<br /> . t: 12.Remedtes;
<br /> a:, .:�, " : � by law. deGare all indebtedness secured hereby to be due an C pa y a b t e a n d the same shait thereu pon become due and payable with-
<br />-'�ti;.ry ;S . .• ,- . _.t out any presentrtrent,demand,protest or noUce of any Wnd Thereafter Lender may: , �
<br /> ,� : , � • (a)Oemand that Trustee exercise the POWER OF SALE granted herein,and Trustee shail thereafter cause Trustora Inter- ,
<br /> ;i: �,':.; �'. � . ,,.: ,, ����p�per►y tp be sold and the proceeds to be disVibuted.all in the manner provided in the Nebraska Tnist�eeds Ack . ..�•
<br /> '� �`' � � (b)Exercise arry and e11 ri9f►ts provided tor in any o1 the Loan Instruments ot by law upon occurrence of anyr Event of .
<br /> ;,;;:.:, . . . %.� ...
<br /> �;.�.;:, : Qe}aut�and . .. .
<br /> ;t..;:`, ,. , , (c)Commence an action to toreclose thls Deed of Tnist as a mortgage,appolnt e receiver,or specificaity enfaroe any of the
<br /> . covenar�s hereoi.
<br /> :f•����. . '. . � t�to rerr�eQy herein oonierred upon or reserved to Trustee or Lender ls intended to be exclusive of any other remedy herein,in the Loan �
<br /> '�'"'•� Instruments or by law provlded or permitted,but each shail be cumulative,shail be in addiUon to every other remedy glven hereunder,
<br /> 'i�.;,'�.� � � in the Loan lnsstruuments or now or hereafter exlsNng at law or in equity or by&tatute,and may be exerclsed concurrenUyr.lndependertty „ • � .
<br /> "``� � or succesively. �. ..
<br /> �=���•' • � ' � 13.T�uetee.The Trustee may resign at arry time wlthaut cause,and Lender may at any time and wlthout eause apDoint a sua
<br /> ,.. . .�, .
<br /> • cessor or substitute 7rustee.Trustee shall not be Oable to any paRy,inciuding without limitatlon Lender,Borrawer,Tn�sior or any pur- •
<br /> � ' chaser of the PropeRy,for any loss or damage unless due to recldesa or witlful misconduct,and sh8tl not be required to fake any actton � . ,
<br /> � in oonnecHon with the en}oroemerit of tt�is Deed o}Trust uniess indemni�ed,in writing,for ail costa,compensadon or expenses which
<br /> •� • � may be associated therewlth.In addltion.Trustee may become a purchaser at any sale o}the Properly Qudictai or under the pawer of --• --
<br /> .�� �``� � � � sale granted hereln);postpone the sale ot all or any perdon of the Property,as provided by law;or sell the Properiy as a whote,or in .
<br /> `� ".�`' � � . '� separate par�cels or lots at Trustee's discreUon. •.
<br /> • � 14.Fees�nd Expenses•In the event Trustee selis the Property by exercise of power of sale,Trustee shali be entitted to appty ,
<br /> '',��.,�� , . any sale proceeds first to payment of ali costs and expenses of exercising power of sate,including all Trustee's fees.and Lenders and
<br /> i..`,;. ' • 7rustee's attomeys tees, actualfy incuned to extent permitted by appllcabte law.In the event Borrower or Tnutor exercises any dght �:•'
<br /> __?_?::�--. ' • provided by law to cure an Event of Defauit,Lender shali be entitled to rewver from Trustor all costs and expenses actualty incurred as .
<br /> :F,�.;, `---- - - a resuii of 7rustofs detauit,ir.ciuding wnnout hmrtation aii'in,siee s anG attorney's tess.:a it��s�xtar'»Fersss!!ie!by$FFtic�b�e�aw � .__
<br /> 15. Future Atfvances.Upon request ot Borrower,Lender may,at its option,make additional and future advances and rea� �
<br /> " vances to Borrower.Such advances and readvances,wiM interest thereon,shall be secured by this Deed of Trust.At no tirne shall the .
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