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<br /> . . . : 99- ���.�
<br /> � �prpceads�in cortnectia�with condemnaLOn ar oth�r haking of tPta PropaAy ar paR thereof,or tor conveyance tn lieu c!oondsmna6on.
<br /> . �• Lender shall be en4ittad at its ap�on tv aommsn�,appear in and prosecuta in its oi�m �ama any action cr proas2dings,a�d shall a►sa
<br /> ba�n6Ued to make any cumpromise ar settt8msnt in�nnscUon Hrith such taEcing or damaga.in ths event any paftion of t3[e Properiy is 5�,;
<br /> � � ' ' • ss taken ar damaged, Lertder shall have the opt!an In its sote and ab�olute d:scretlon,to aypty ail such prass2ads, aRer derluetirtg
<br /> � theretrem a!!cosis and oxpansas inestrred by ft in connectien edth such Procssds.u�n any irtdeDtednass sr�red hereby and in such
<br /> order as Lender may determina,or to apply all sueh Pmcesds,aS�r such deduWons,to tRe ras4oraUon of ths Proyerty upon suct�mn-
<br /> � � diitons as lender may datermine.My apDltcaSon of Procesds to tndebiedrtess shali noi extertd or p9stpcne Uhe E�a date of nny pay-
<br /> � ments un�t�the Rlata,or cun�eny de3fault 4hsreun�r or hereundsr.Any unappliad tunds shatl!�s pafd to Trustor.•
<br /> � � 8.Parfarmae�ee by I.ertder.Upan tha occurrence ei an Event�f Oafault hereunder,or if aay ad is taken or legal proceedirsg
<br /> ccmmanc�d vrfitch materieiiy aNec2s lenda�s interest tn tha Propariy.Lend2r may In its onm discreUon,but�vithout obligaHca to do so,
<br /> -- an��ut naUc1 to or deman0 upon Trustor and�rrithouY releasing Trustor from any obligatifln,do any act r•rhtch Trusmr has sgresd
<br /> � ��..� , bui taiied to do and rrtay also da any oihar a�t tt daems rtacessary to proisd tha sesurity hereof.Trustor sha11,imms:fiateiy upon �_:
<br /> ' demand t7ear��ar by L�ndar,pay to Lendar all oosts arsd expanses inatrred and sums expanded by Lender in conn�ction vriih tha exer• �`
<br /> . : cise by Lendar of the foregotrn,�dghLs,togathsr with inieres!thereon at tha detault rate provfded in Yne{Vote,vfiich shall tia addx0 40 �.
<br /> � tha indebi2dness secured hereby.Lenda:shall rtoi irtcur any GabiGty because of anythtng it may do or omii to do hsreurtdar. �
<br /> � 9. l4arardous Matertais.Trustor shaJ kezp tha Properiy in carr�plia�nce vi�th ail appticab:s laws.ordinanoe.s and regataUOns —_
<br /> relaUrtg to industriai hygtana or es�vimnmantal pm��tion(collsct(vety refemes W herein as'Emironmentat Laurs�.Trustar shail kesp —
<br /> � �� the Property free from all substanees d�m2d to tsa harardous or tox(c under any Environm2ntal Laws(coliectivety referred to herein
<br /> as'Hazardous[u[ateriats�.Ttuster heteby warranLs and represenis to Lender that there are no Hazardous MateriaLs on or under the
<br /> ' :� Propetty.Tnistor hereisy agres3 to indemnify and ho:9 harm�ass lend�r.Its direetots.offtcers.omp!ay�as and agents.and 2ny�lores- —
<br /> sora to Lendefs tnterest,from an0 agalnst any and all dalms,dam3gas.Iosses and tlabIlitles arfs!ng in cann�on��rith the presertce.
<br /> • . = use,d'ssposal or transport af any Hazardaus MatertaJs on,under,from or abaut tha Properiy THE FOREGOING WARRfU3TtES AND W
<br /> - REPRESENTATIONS,AND TRUSTOR'S OBLIGATIONS PUR8l1ANT TO THE FOREGOING INDEldR1iTY,SHALL SURVIVE _
<br /> � • ; � � RECpMlEYANCE OF 7HIS OEED OF TRUST. _
<br /> 10.Asal�nma�t ot ltents.Trustor hereby a�:gns to l.ender,and grants Lendar a sscurity intsrest in,a0 pzesenf,future and a
<br /> aRer arising�ents.tssues and profits ot the PraFerty;per��ed that Trustor shail,until the oaurrence of an Event oi Qs'fault,hereurtder, _
<br /> .;. • � . � have tha rigAt to coilect and retain such rents,issac-s ar,::�f.�2s thei►become du2 and payabte.Upon the axurrence of an Evant oi R�-
<br /> ' �;�. - qefauft,��nder may,ei#her in Rarsan or by agent,��:���z�'�C�nging any actIan or proceeding,or by a receiver apgointed by a —
<br /> ' cavR and���hnui regacd to tha adeq�saay af its security,en:�.T l�,�r r:rd take Rossession ofi tha Properiy.or any part thsreof,fn its awn __
<br />� � • name ar ir;the n�ms of the Tnistee,artA do any acis which:^.��s rtecessary or des}rabte tn ptesetve the v�Jue.ma��i�y ar
<br /> • .�� rantabi!ity of the Property.or any part thnreof er(nte��t�terein,or��o inuease ths in�me thar�f�m or proted Ghe secudty tsr.�'ur and. _
<br /> . . w[th or witfiaut taicing possesston of tha Properiy.sa��r or othenvfse wSlact the rents.issuss and profib thereof,iadudi�g CROSe past
<br /> � due ar►d unpaid,by rtatifyirsg tenants to maka payrn�.'�to Lender.Lender may appty rents,issues and pmfiGs,less oosts and expes�sr ,
<br /> ��"c�' es ot operat[an and co112ction includizrc�attoma}�s fees,W any indebtadness secured hareby,sil in sad►ordor as Lender may deter-
<br /> ',���;, - 9 P 9 . p sty. � �.
<br /> �1:�`�.•;.;;�g�, mine.Ths enierin u on and takirt r..�sasston af tha Rro s �:e collection ot such rents,�.._;..es and pTOfits,and Ihe appfira�on
<br /> ':�•�•:•r:,�. Wereof as atoresalp shall not aire az z+aare any defau[t ar nc�W dafauft heraunder or invatiC�."":any ad done in response W suth
<br /> '�` ��'-��t���` default or pursuant to�ch notice of detauli and,�`.•.viihsk.°•:.'tr the continuance in possession oi the propeRy or the coflsctfen.
<br /> • rece�pt arid appfiplion of rents,issuas or protts,T�:se and t�-��er sha0 be enti8ed to exaroise every rt�7y�?�vided for in any ci the .-
<br /> � � Loan[natrumen�or by law upon occurre�e of any Event of Qe�ult,inctuding wiihout limitatlon the rtght te��lse the paa+er oi sate.
<br /> ,•.;,�,,: . �. Further,l.ende�s dghts and remedies u,�dar thts paragraPb sh�:t I�✓z cumuta4iva writh,and in rto way a IimitaUa:�on,Lende�s rights and
<br /> " � ;,� remedis�s ander any assignment of Ic�.,s artd rents recorded��anst the Property.Lender,Trustra ans!ths receivar sh�rsz!rabte to
<br /> • • account only tor 4hose rents actaally reoelved.
<br /> • ���' � 11.Events of Dafault The foitowtny sha[t�^�.�.��a an Event of DaTault unde:thfs Oesd of Trusk
<br /> . (a)Fai2ure to pay any instatimant of�r'ru�a���r interes!or any other sum sscured hereby vfien d¢�:
<br /> " � . (b)A brearfi of or de4ault ander any prc���lau�contatned�n the Nate,this Oesd of Tnist,any oi the Loan InsUuments.ar any
<br /> °� oi�her lien or encum4mnce uRe�'!ia Prop2rty;
<br /> :�'�:, �; . (c)A v�mt of exe�utlon or���:hment or s�y similar process shail be entered aga'srt�1'rLStor r,vhicfi shap batome a I:en un
<br /> ,�,�.
<br /> :�=�;,�.�o-�;:� tha Prope�ty or any portion ri;����f ar tnter�i wereln;
<br /> ' '�-`''^��"- (dy There shall be filed by or agair.si T�-W�ra-�r Borrower an action under any presen!or tuture tedr�l,sfate ar olher statuvj.
<br /> "�'"�:r:�t�t%��
<br /> --_—�:++�-. law or regulaUon relating to bankruptey,ir.cc�'�+u'-ry or other refie!for debtois;or there shall be ap�o:�r.�any trustee,reeetYOr os
<br /> --'-���`` liquidator o}Trustor or Bosrov►���r oi al1 or�-��7aR ot the Property,or the renb,issues or profit,�ther��°�.r Tnutor ar Bortmrver
<br /> ���F ' � shai!make any general assi;f��r���t for the benafit af credit�rs;
<br /> -,.�ti'l�'•.}��'��� �
<br /> •'.',r,r*r,.` •�: 48)TP18 SalO,transfer,t��.assignmenL oorneyazce�ar further encumbrance n4 e[t ar any pz�c�cr�:.:�p ii�L�r;rm�2 in the
<br /> _�...�A,;;,,�.�.. �+�
<br /> ;���t.... 1r�;I�ET�.either voluntarily ot involuntariiy,wfihout the ex',r•':�s urritten oonsent o!Lender,provided�-:f-TIT�:c°as�iL ia�.�ermit
<br /> e
<br /> ,��t;;;�jt;, .,, ted to exeur`.��7aase oi tha Property that�s nat oontain an optlon 4o purchase and the term of vetT,dt�oas r.ot ex�,eed ane
<br /> �._�.:,:��..,,. , year _
<br /> _`�:�:asria.:-: a (�AbandL:rnent o!the Propsriyr,or ,-
<br /> �'"'"'fi��`¢���": ,_ � (g)If Trustor is rtot an IrtC•.::dual,the issuanoa,safa,transtor,ass?gnment,conveyance or encumbrance o4 more t)�an(i!a
<br /> �`'•,`,�s't�~`� .' ;:,rparatlon)a toTat ot parcent of iis issued and ouistanding stock,of(it a partnetship)a toial ot per-
<br /> �T���
<br /> - •a•�•� cent of partna:�tiip interests,or��f e Iimite��:abillly wmpany)a total oi percent of the Iimited I;ability aomp�
<br /> � �' .;: � ny interests ar n:,5ng dghts durirtg the per�a:+Z tt�is Daed of Trust remains a Iien on ihe property.
<br /> � � 12 Remedies;Aeeelera4lor Upon�eta:�i`.d:n tha evont ot any Event oi Default Lender may,withaut�otlse exoepi as required
<br /> � ' by taw,�eclaro ail irtdebfedness sc+�:r+d hereby to be due and payabie artd the came shall Noreupan b2came due and payable with-
<br /> ' out ent�a�Lsenimant,demand,pra����.r noSce ot eny ktrtd.ThereaRor Lender may: _
<br /> ;a)Dem3nd tha4 Trustee exerGse the POWER OF SALE granted huein,and Trust�ae�hatl ffiereafter cause Trw:it:�s irqter-
<br /> � � �Z in th��Frc:Prcy tn be soid and tho proceeCs to 6e dIstribut�,a111n the manner pra�tua:in 4he Nebraska TrusY t�c�r:sAct:
<br /> . � (b)Exerci:se��ny and atl ri�hfs prov�d'ed fcr in any of th�Loan(nsbuments or by law u�an�Ten�o of sny Event at
<br /> �� QatauiT.and �
<br /> _ � ; �,� (c)Cvmm�r.c�an action tn 4orcctose!l�r:s�eed oi Tnast as e mortgago,appa3nt a re�e:�;er.cr s{,�r�fir,•1.`j enfa�any of ihe
<br /> '•=y'�;'�,=--'r--, ;x:;:.s�.::s19 hsiCOf.
<br /> • ,���.:. �T..I
<br /> -•r., No rE:-�c.�:�r honein�nferred upan c�m:�rved to Trustee or Lender is inten�ed to bo exctusha cf a�r oHr�r remaGyr tc-r+:��..���t?►a •n
<br /> � '. �f;' Instrum�ntg or by tavu provided or Qermitted,but each shali bo c.�utative,shzll be in addition to every other ren:�dy�}ti�t�t S�revrr�r,
<br /> ��•�`� • ' �� tn tho Loan InsWm�n�or no�r�or hsreafter e�siinQ:i taw or in equity er by steiufa,and may be exercised cQrsr,�rrentiy►,inrlapenQenUy
<br /> ' �` or succesively.
<br /> ° ; 13.Trustea.Tha Trusiee may�esign at ar/5rtr:,wilhaut cause,and Lander mzy ai any time and wIthuut cause apgo:nt a>uc�
<br /> ' oes�ur a�subst§tut�TNStee.Tnuteo shall rtn!be llable to any parry,including withoul{lmitaUon Lender,Borrowvr,Tn�sior or any pur-
<br /> s
<br /> chasEr of tho Proporiy,tor any loss or damago unless duv ro recldess or wipiul miseoeduct,and shaU rtot bs required to taf�anp a n
<br /> � In oonn�Lifan v.riih thfl enfor�ment oi this Oes�of Trust unies�irtdsmnifted,in writing,for aU oosis,onmpensaticn or ex�n�es nA►{ct►
<br /> � • � may trs associated there,++riih.tn sdditian,Trusiea may tseooma a purchassr at any safa of tha ProRerty Qadictai or under t1�po�rEr o1
<br /> ' , sata granted hereln);postpone the sate ot all or nny portion of the Property,as provtded by Iaw;or sefl the Property 8s a wRoto,or in
<br /> . � sEparate paroeis ot lots at Tmsies'�disuetion.
<br /> � 14.Feas and Expensea.tn tha event Trustee selis the Propefty by exerctss o�povJer of sate.Trustee ShaI]be en'titied to aDply
<br /> � • any sa�a prooesds firsi to Qayrtient oi all ws�and exp2nsos of exercistng pativer oi sa:e,induding ail Trustee's fees,an�Lenders artd
<br /> Trusfea's aHomeys fees, actualty incurred to extent permifted by applicabie taw.in tha even4�orroxer or Tnistar exerases 2n�csghf
<br /> � pmvided by law to cure an Eveni of Qo4au11,Lerc4ar shail bo entitta9 to reaover Qrom Trusio�EIl oosts and exRsnsas a�tu�iiy inci:rres a,
<br /> ���.�4�T�rr,+re�h�dt,irtrludino without limihtion EII Trusiee's aad aYtam�ys tess,[o tha eM�nt permittcd Ey appl:cah:o ta^w.
<br /> � 15.F�Yi�ro Advaarss.Upan req¢2st of Barmvret,Lendar may,at its opttaa,make ad39iionai sud�U�+��e�rr��'�r�-
<br /> • � � � vances tn BatroHer.SucA advances artd rea�rrartces,vuifh interest th�rEan,sh�1169 sscursd by thts D�sd of TrusL At no tirtsa sha:l Uhs
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