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<br /> ��- A. (e)The�te.trangter.lease.assignmeni,oomreyance or f�uther em�mbranoe of all�or any part of or any interest in the s s�E s:.,
<br />_ .c�'�4.--,-�.' • .��,'g;. Properry.either votuntarlly or inwiw�y,wiihout the express w�itten corssent of Lender;provlded tttat Tnistor sliatl be permit- --
<br /> -=°- � ..Fr��?°'� _:.�:_: ted Lo execu6e a lease of the Praperty that does not cornain an opUan to purdiase and the term of whid�does not exceed one :c�.:;. r;:.�,.
<br /> �, . ,��{
<br /> � ' ��4�` �Al�andonmenf of the PropeRy;or `,
<br /> f9)ff TnisMr is not an indvidual.the Issuanoe,sats.b�arts[er,assl9nment,oonveyance or encumbranoe ai more than('d a �`' �, ' `
<br /> � c- corporatian)a total of percern ot its tssued and outstan�ng stodc.or('d a �ership)a mtal ot per• � :
<br /> '�,.; _.. •_
<br /> ` - cent of partr�ership interests.or('�E a Itmited tiabiGty company}a tuta!af percent ot the GmJted Ilabitity oompa- >� -
<br /> ��. `- n1►h�Letests or votlng rigASS dudng the period this Oeed o!Tnist remains a Gen on the properiy. : ` F � �
<br /> st
<br /> 12�s��leeeieration tlpon QetaulL In the event nf any Event of Oefault Lender may.wiUtout rwUoe exoept as required � ; 4 "�y ,
<br /> �� ` "` by law,declate a11 indebtsdness secuted hereby Lo be due and payabte and the same shafi thereupan become due and payabte wili►� � < � -
<br /> �{ �:i��° out any piesentrnen�de+nand Protest or notice ot any Idnd.Thereatier Lendss may. � �G f F
<br /> - (a)Qemend that Tmstea exerase the POWER OF 3ALE granted hareat.and Tautee shalt thereatter cause Trustots ittter- � i •� `
<br /> �'���- .�'����:_ est in the Property to be sold and the prooeeds to be d�sLdbutad all in the manner pmvided in the Nebraska Trust Qee�Ac� � . � _ .�
<br /> �1` `'°" (b)Enercise any and a!i dghts provided for in any ot the Loan Instruments or by taw upon accurrence of any Event of
<br /> �` � :, �' Defaul�and W , 5` �-.5�.
<br /> {c)Cemmence an acdan to tar8dose this Deed ot Tnist as a mortgage,appoint a reoeiver.or speafically enforoe any ot the � , ;; F• �.
<br /> -'iti�:'., . • ;.,` y-: Covenantsher8of. �lo, - �;�"`� -
<br /> � -, , ` �. No remedy herein wrderted upon or reseived�Tn�stee or Lender is imended W be exrlusive of any other remedy herein.in the Loan � r k� �
<br /> Instrume�or by law pravtded or permitted�ut each shall be cumulative,shafl Ce in add�tion to every other remedy given hereunder,
<br /> �; -,:..� ! .. i n t A e l.o a n f n s tr u m e n t s o r n o w e r h e c 6 a R e r e x i s ti n g a t t a w o r!n e q u i t S t ar b y s�.and m a y be exencised concurterdl y.independently ` ..'•
<br /> ��- '' or ssic�sively. ,: .
<br /> 13.T�sLea.The 7nistee may ragtgn at any tlme without cause,and Lendsr may at any tlme and wntwut cause appoirt a suo-
<br /> �i�;: '�� ` �.� cessar or substi0ite Tnistee.Trustee shall not be Ilable to arry Party induding without Iimi�tion Lender.Bortawer,Tnistor or arry pur- � � `1.�r:�.
<br /> �•�-' d�aser of tfie Pr+operty,tor an loss or dama uniess due to reddess or willful mi,sconduct.and straU not be required to tatce any action �
<br />_ �.. . ... .- . y � _ '.�.:,F_iJ�.'
<br /> `��'• �; `�, - . - ° in oonnecdon with the er�fo�ement o!tfiis Oeed of Trost untess indemnfied,In writing.for all oosis,compensalion or expenses which
<br /> �� ` � may be associated therewfth•(n add'dion,Trustee may become a purd�aser at arry sate of the Property Qu�icial or nnder t1�e power of � `� '" -
<br /> � ��. ' _ ._ ,' sste granted herein):postpane the sate o!ail or any portion of the PrapeRy.as pmvided Dyr law:or se0 the P�operiy as a v�hote.or in ; ;
<br />'`�s�` -'` - • . separate parcefs or lots at 7rustee s dfscretfon. f � ""
<br /> _�.:��. •.` f 14.Fees artd E�anses.!n tAe event Tn�tee sefts ths Propeny by exercise of power of sate.Tnistes shall bs entitled to a�pty ` -
<br /> -�`�� `' '`• . , : a�ry sale proceeds first flo paymerN ot all oosts and expenses of exercising power ot sate.indud'ing a!1 Ttustee's fees.and Lendefs and ---..
<br /> •;�,.�. � • , " ;,�..`
<br /> � � � - � �� �- Trustee's attomeys fees. actualty ircumed to extent permiited by appGcabte taw.!n me event Borrower or Tnrs�r exe�cises arry right , • "' ��
<br /> .��...- ` �` Provlded by Iaw to cure an Event ot Detauif,l.ende►sha116e eMiUed to reoover icom Trustor a0 wsts and expenses acNait�l incurred as :�. ^_
<br /> � a r e s u rt o f T n i s U o f s Q e t a u t t,i n d u�rt g w i t h o u t i i m i�t i o n a tl Trustee's an0 attorr�e ys fees,to the extent permitted by appHcabla law. ,.�
<br /> rti�.;. ' � 15.Future Advaneee.Upon request of Bormwer.Lender may.at its option.make addidonal and tuture advances and aead• � � _
<br /> x - � •
<br /> � v a n c e s W Bortowet.Such advances and teadvan�s,with fr�terest thereon.Shall bB Seaered by this Deed ot Tast At eo time shaU the ���=
<br /> •.�°^ .-»- � -.. prirtcipal amourn ot the indebtadness secured by this Oeed of Tn�st,not inct�dmg sums advanced to protect the secudty ot this Deed af �-:���>''��'
<br /> - Trust,enceed the origir�l pdnc3pal amourn shated hewin,or$ .whtchever is greater. � 1�..��
<br /> t . , �
<br /> ��:.: - . � 1S.MIscelfaneoas Pravistona " ~ :
<br /> , }'. . ` h .� .
<br /> � •_ : (a)Botrower Not Reteased Extension of the time tor payment or modficaUOn of amortizaUan of ffie sums seCUred by th3s ,�_
<br /> -� '•`�'s%1� Deed of Tcuaf gianted by Lender to arry successor in interest of Borrower shall not operate to retease,in any manner,the i'iabili- ` ��" -
<br /> ` ,' .- ..
<br /> "'.;_r ,, • "•-t� ty of the origMa!Borrower and Borrower's successors in interest. Lender shall not be required to wmmence proceeNngs � `�t
<br /> "�':' � • against such successor or cefuse to extend tlme for paymer►t or otherwise modity amortlmtlon at Ute sums secured by this ����`.�� ��'� '
<br /> ` ; ' ��'��' Oeed of Tn+st by reason of any demands made by the oflginaf Borrower and Borrowers successars io interest �v':'�y
<br /> ;_:�; :. .
<br /> �:�,�, (b)t.ender's Powera Without affes:Gng the liability ot any other person liabte br the payment of any oEttgation herein me� � ;��:�_.
<br /> ' ' t tioned,and without attecting the Ilen oc charge ot this Oeed at Trust upon any pordon�ot the Property not fhen or theretofore ,^,,
<br /> :� ; � � released as security tor the tu11 amount of all unpaid obtigatfons,Lender may,trom tlma to ttme and witliout nodce n release , � � �_
<br /> `^�"" • ' any person so iiabte.(i�extend the maturity or alter any of the terms of any such abiiqations,(i�grant other indutgences,(i�r) � ;°°- '
<br /> �� •,. . . .
<br /> � �eiease or convey,or cause to be reteased or recomreyed at arry time at Lenders option any parcel,poAlon or all ot fhe � ':.
<br />_ \,..,:.:� Properiy,(v)take or retease any other or addrtional security or reconveyed at any time at Lende�'s option arry par�el,portion or -: ;';
<br />_ �, r: � � all of the Property,(vi�take or release any other or addiUonal securfry tor any obligaUon herein men�oned,or(vi�make oompo- : -
<br /> �- �<<, si�ons of other arrangements witb debtors in relaUon thereto. • �
<br /> .a..�u' . � ?.• • � }.«
<br /> , (c)Fortre�ranee by Lender Not a Waiver.My forbearance by Lender in exercising any rigM or remedy hereunder,or oth-
<br /> �� � ` � ' erwise aiforded by appiicabte law�,sha11 not be a waiver of or prectude the exercise o1 any such dght or remedy.The p�ocure- ;. �, �`� -
<br /> �:. � � ' � ment of insurance or tha payrrie�rt'of taxes'o�'othet lie�s or charges by Lender shaQ not be a waiver or Lendefs dght to aoceter-
<br /> _..��_", ; . . ••: •.
<br /> ,�,,, . . � a t e t h e m a t u r i t y o f t�e i n d e b t�d r e e s s s e a u r e r d b y'tNis Oesd ot Trust - -, -.
<br />: ;,�'�:s^:;,, � '�. � (�ly Sueeesso�s end Asaigns 8onnd;Jo1A!Atrd Severel Llabiiity;Ceptlons.The covenants and agreemenb here(n ean-
<br /> talned shall bind,and the dghts hereunder s h a ll inure to,the res p e c�i ve successors and ass7 g n s o!Lender and Trustor.Ail . � `:
<br /> ���'���� covenants and agreements of Trusror shati be joint and severaL The captions and headings of the paragraphs of this Deed of . :�
<br /> �rr:.:•,,. . •�, ..
<br /> f,.:i,-� � • 7n�st are tor convenience onry and are noi to be used to interpret or deflne the provisions herecf.
<br /> .al.�. � . . .
<br /> ������ � • (e)Request for Notices.The parties hewby request that a capy of eny notice o!defautt hereunder and a copy of any notice °. ,�.•..,,, .
<br /> .s.;�•,, . ..,
<br /> ti,;•:� �, - , of sate hereunder be mailed to eacl�party to this�eed of Trust at the address set torth ab�ve in the manner prescdbed by .
<br /> , appliCabte taw.Except tor any other notice required under applicabte law to be glven in another manner,any noUce provlded tor � �• ``
<br /> :, ;;_ . � . .
<br /> - � •;��_ in this Deed of Trust shall be ghren by mailing such notice by CeAiTied mail addressed to the other partles,at the address set ... � ':•• :
<br /> `�- � � � • , torth abova.My notice provided for in this Deed ot Trust shall be ettective upon mailing in the manner designated herein.if .. �:
<br /> 'i• T , ' � Tnisfor ia more than one person,noUce sent to the add�ess set torth above shall be noUce to all such persons. ��.,,. ••.�
<br /> ,. ,
<br /> }"-•' =� - . (i}Inspeedon.lender may make or cause to be made reasortabte ent�es upon and inspections of the Property,provlded •_
<br /> . that Lender shall give Trustor notice prior to a�y such inspection specifying reasonabte cause therefor related to l.enders Inter• � ,
<br /> �`.'.�;' ' .. estinlhePropeRy. .
<br /> E�• �� . � (g)Reeonveyance.Upon payment of alt sums secured by this Deed o1 Trust.Lender sha0 request Trustee to reconvey the '
<br /> � ` � � � Property and shail surrender this Deed of Trwt and all notes evidencing indebtedness secured dy this Deed of TruEt to
<br /> .,.`;. � � - ' Trustee.Trustee shali reoorrvey the Property,withoul warranty and without charge to the person legatty en6IIed thereto.Trustor �
<br /> ;i`��:.: sfiafl pay all costs or recordatlon.N any. � _
<br /> .3;., ... (h) Personal Properiy; Securtry Agreement. As additionai security tor the payment of the Note.Trustor hereby grants
<br /> •�: .1:• ; 1 Lender under tfie Nebraska Unitorm Commercial Code a secunry irtierest�n all fixtures.eqwpment,and mher persona!property
<br /> F � . . . 1 used in connection with the real estafe or improvemsnts located thereon,and not atherwise declared or dsemed to be a paR o1
<br /> 3 the real estate secured hereby.This instrument shall be cons?rued as a Security Agreement under said Code,and the Lender
<br /> :•x�`.�- shall have ail the rights and remedies of a secured party under said Gode in addition to the rights and remedies under this � .
<br /> 'S:; �� ' � i paragraph shali be cumulative with,and in no way a timitatfon on.Lender's rights and remedies undet any ofher securiry agree-
<br /> �;, �,_; � m9nt signed by Borrotiver or Trustor. ; :
<br /> (i)Uens and Encumbrances.Trustor hereby warrants and represents that there fs no dotauit under the provisions ot any
<br /> ��`"'•^�� � mortgage.deed of hust.tease or purchase contract describing aU or any part ot the Property,or othsr contract,irtstrument or . • . .
<br /> r` '`-` � a reement constitutin a lien or encumbrance a mst a�l or an aR of the Pro e y.'liens7. existing as of the t :
<br /> 9 9 9a Y P A rtY (�IleCtivdl
<br /> ��'• >" ' � date of this Oeed ot Trust,and that any and all exisUng L,ens rema�n unmoditied except as d�sclosed to Lender in Trustors writ- � �
<br />� -':��i - � � ten disclosure of Ifens and encumbrances provided Ior herem. Trustar shaH timely pe�farm a0 01 Trustor's obligations, ! - -. . :=
<br /> .; . .:' � covenanu,representations and tivarranties under any and all existing and}uture Liens.shall promptly forvvard to Lender copies ;
<br /> • of all notices ot defauri sent m connection wdh any and all ex�sting or future Liens,and shatl not without Lenders prior written
<br /> ��:��.;"��� • consent�n any martner moddyr the provisions ot or allow any future advances under any ex�stmg or}uture liens. .
<br /> '`' ` . (j1�lppltcatio�s of Paymenta.Unless othervv�se reqwred b�,�law,sums�a�d to Lender�ereundor.mCluding w�thout imita- ,
<br /> .',����: .,• ' t�on payments o1 pnncipal and interest.�nsurance proceeds.condemnaron prcceeds and rents and protits,shall he apphod by ,
<br /> ' ` Lender to the amounts due and owmg trom Trustor and borrower m such order as Lender�n its sale d�scretion deems des�r- '
<br /> � �:_. • ahtn �
<br /> ' , a`�� (k)Severability.if any prov�s�on ot this Deed of Tr�ct confhcts w�th applicable law or�s dec�ared mvalid o�othonx�se u�e�•
<br /> - . � . . . '
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