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<br /> �,. , damaged,unles�both parties othervvi�e agree, excep€i�restoration or repair is not economically feasible. The F��
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<br /> � f� Bonower shall not cance�i or macli�ry said inswance without prior writt�n nodce to the Lender. �'_:
<br /> � °� Unless Lender aasi Bora�ower o�thernvise agree in writing,anY Faymems or proceeds&om insurance shall �^
<br /> � ' � � not extend or pastpflne the due date of the monthiy paymen�.s provisled in said note,or change the amount of the �;.
<br /> -- _� payments. --
<br /> 6. &�rr�wer s�11� keep the ptoperty in compliance with all applicable laws, ordinances and regulations �-
<br /> � . '�'� � relaring to inchastrial bygiene or environinenial protection {collectiveIy referred to herein as "figvifou�n€at _
<br /> Laws"). Borro�aer shall keep the�sog�rty free fram a11 substaures deemed to be hazardous or toxic under any �
<br /> Environmental�.aws(col��ctively referred to as "Hazardous Materials"). Boaower hereby agrees to indemnify _-
<br /> ` � ��hold harciless Berer�iaries an'�'�ir succ�"ors in interest, from and against any aud all c�ims,damages,
<br /> �' � -` �iliues w^ws:rg �n ca�ra�u:.� -w*Yh �e gres;�:e, use, disposal or eeanspor� �'��� Hazard�us =_-
<br /> ;os:,e� �� iiL .�._._.
<br /> ;f . 1Viu.��."; c�.. u��ex, �o� a�- ac��:x �a: prc�er:y_ 'THE FOREGa�� ���i�:'4�.'�'�ES A.�"ai3� -
<br /> • . .°�;;, ; �£PRESENTATION� _�:\� �D}L�����'S C�'?��'tl:3NS PURSUAN'I' L� � �0�.�,�a�t�T�G _
<br />"�:?��;d' .�. �,.���� �.'VDEMNITY SH�LL��.'R«'� ��0����,'��E��'TI�S D�ED OF TRUST.
<br />_.,:_:.., _ . ..:..
<br />-:;;;�.;; •� , ` 7. If�ottower faals to g�rC'�rm the covenants and agreements herein contaiaed,Lender may do an pay
<br />'�" � ,� for whatever it deems is necessary to protect the value of the properry and Lender's right in ths progerty,
<br />� �, � i including tbe paying of any sum secvred by a lien which has priority over this security insttvment,apgearing in
<br /> � ' Court, paying reasonable attoraey fees and entering the praperry to make repairs. Arry amount disbwsed by
<br /> , ° Lender under ttris paragraph shall become aa addition�l debi of Bonower s�cured by ttus security instrument,
<br /> . to bear interest from the date of disbursement and said amouat,togeth�r�vith the then unpaid principai amount,
<br /> � shall bear interest at the I�ighest contractual rate until refunded by Bonower.
<br /> �- . - - 8. T&e proceeds of any condemnation award ac+a hereby assigned and shall be paid to Lender and shall
<br /> ` be applied to the suias secured by tlus security instrument.�vhether or�ot then due, with aity excess paid to
<br /> .-::;: .`' , Borrower. The Lender stiaU have the right to apgear,contest. settle and compramise such proceedings in the
<br /> ���.,�r:::.{ aame of the Honower.
<br /> =�� . � .' 9. Any extensions or modificadons of the loaa geanted by Leader to any successor in int�rest of
<br /> ��Y'YC• �I' .•
<br /> -__ �.� Bvrrower shaU not operaYe to release the liablity of the or�ginal Bortower or Borrower's succ�sof�ia interes�
<br /> ':r-�'�:��=�,��•�, Any forbearanceby I.en.der in exercising any rigiat.or remedy shall not be a wa'rver of or preclude the exercise
<br /> 4.� '• of any right or remedy.
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<br /> ---,. 10. Any no4ice to Bormwer provided for in this security instrunnsnt sball t�e given by delivering zt or
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<br /> -�-�,� ,. �,;. mailing it by first class s�ail unless Nebraska g.ativ requires use of z��¢Rher�ethod,at the Borr�.���r's last own
<br /> _ _=�''-.>n j� address.
<br /> • �. .,'�': � 1�. T�nis s�curitgr instrum�nt and the note which::s���r�_°�1 b�g���.�:;�by Net�zaska La�sr_
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<br /> -�__� 1�. �nd��sh�ll give notice to Bondc�=�r followingBo�rorbe�`sbreach oY�riy covena�t or agrec��n���':�n
<br /> ------ t2us sect�::ty a��rnr and the mote which c��acures. The notic� �kell specifY (a)the c1��:�r'..'t. (b)the s�+.ion
<br /> __-= requirai'i:�:y.u���:e�efault,�'a dr�te aot less t�'�:�30 days from the daxz the notice i�given ta 1�:*rower by which
<br /> __��_- the de�z�'1 mustige cured,and(d)that failure t�cure the d�fault on or before the date specified in the n�a�ce may
<br /> ����_-�:'�� � �esult in accelerativn of the sura secured by t�security agreement and resale of the properry. This notice shall
<br /> ==-°"�-'�' .�vrther inform Bonower of the right to reirt�����,after acceleratian,and the right to bring c��-t action w assert
<br /> �'`'"� the non-existence of a default or any other de.`ense of Borrower to acceleration and sale. If�:.:��ult is not cured,
<br /> _:�r:�"�;?" on or lr���re the date sgecified ia the nutice, Lender at its oprion, may require ir.�as�=diate paymeni i�n��r�of all
<br /> ---=-r�,..��;'�
<br /> - sums secured by this security agreement without fiurther demand and may invoke��::.e power of sale aud�;?�tlier
<br /> --;_:�;v�.�=?s- '° � � �� -
<br /> �:::-;..:.,•.:,. 7� semedies permitted by I+lebraska Law. Lene..r shall be ea�titled to::.Ject all e nsss incu�ed in p�;:i:��the
<br /> -- - - remedizs provided in this paragraph, including but not lunited to a reasonable attomey fe� and cas���-f z':.�
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<br /> -,.,Y.....��. evidery�.
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<br /> xM:�r;a�'`� 13. If th$power of sale is invvked,Trustee shal�:�ord a notice of default in each count}+in w i�isJy any
<br /> �•z:�,��'�'yi��,j�. part of the property is located and shall mai1��:opies of such notice in the manner prescribgsl by Nebraska Law.
<br /> � Trustee shall�ive public notice of sale to the persons and in ttie manner prescribed by Nebraska Law• Tcustee,
<br /> � '�� � �vithaut demand on Bonower,shall sell the property at public auction to the hi�hssst bidder at the time and place
<br /> . and under the terms designated in the notice of sale in one or more parcels in aay order Trustee determines.
<br /> ' ��;�. Tnastee rnay postpone s�le of all or any parcel of the property by public announcement at the tune and place of _
<br /> ��`-�� :, any previously scheduled sale.Lender or its designee may purchase the property at any sale. _
<br /> , •" ` Upon receipt of payment of the price bid,Trustee shall deliver to the purchassr Trustee's Deed conv�ying �
<br /> — � �- the propztiy. Th°r�itals i�the Tnasise's�T�ed shall be prira�f�cie evidence of the truth of the stateffi�nts made _
<br /> ._ : � � therein.Trustee shall apply the proc�ds of sale in the following order: (a)to all expenses of the sale i:s,�.luding, _
<br /> but not limited to,Trustee's fees as per�ixeed by Nebraska g.a�v and reasonable atiorn�y�'�s; (b)���all sums
<br /> . . � . secured by thES securit��+agr�ment; °co Fay�rnent of junior tro�st d.,eiis,mortgages or oth�1•.�ic?�.�*:�'�ir_�and(d) _
<br /> � " any excess to the pers�n or pErsans legally enritled to it. -
<br /> . � initials:.� ` �
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