|
��. �}�••. �(� 17�1 I� f l' :i�.lK,n .�t)- � �4.1 �i - ;!l �; . _ . . l. I j 1 dlu4}SN/.W.Nt�C�
<br /> '� '�s cS'}� �r i ' 41A y rhf ([( .4 S y .�'�S.,.c'rt d1 ' �r f�.�• 'ut t 1. � �'� �i�� ir ;f ,�`, .
<br /> .�� '.l 4 YA iJ P:�'.� �;!��{+!y r f { a%i��r��,l�r` i 'i�'J l •1 � '� .�, �, 1 '.�*t'1;��;�� .a..�� 1_ V a�.. �Y y �s�Yi,7,yisl�
<br /> � 1 �` r'. �' aar��r..
<br /> '�� _ _� s�..v,a,_',�'a � � �}j� a '�r�fFV�.i�M I' I � t
<br /> t�f��. �� ,y .i. _
<br /> . • _ •��'.'.
<br /> •
<br /> .
<br /> .,�...=
<br /> � - .-- .�. '�' �� .
<br /> ,., _ _
<br /> ' . .y ���'r'•i:��a;, . _ .��e
<br /> � '4r-t,. . _�''�$'a'c'
<br /> , . t � ' - -- -- -- -".._�
<br /> � � :. .. _ . . . . --�-------i--- _. _. ..
<br /> - ��}•_-eer;'==_--
<br /> � aY �ss--.:.:-,
<br /> . - 9x• i00054 ��_�: ��._
<br /> __ ��-:-�.--- ----
<br /> • � �P�pp�rty I��o hk�n or damap�d.Und�r 4h�11 h�►w th�optlon,ln Ila wl��nd�baolute dlocntion,to�pply�II wch PtocMds. _—
<br /> - - ° ���-,4. �i�er d�ductinp th�ntrom�II cosq snd�xpense�inaurrad by It in conneatlon wleh woh P�oce�d�,upon�ny I�d�bt�dn�ss�surM _
<br /> � `-�•`'^`�' 's h�r�by md lo weh o�d�r as L�nd�r m�y d�brml�e,or to oppty�11 auah ProeNd�.aR�r sueh d�duotlom,to th�rqror�tlon ol ths �� __
<br /> � ° '�` Propety upon wch conditlon�a�Lender m�y d�termine.Any appllc�tion of Procoed�to Indsbtedne��•1i I�o1„�x s�"��Id la �"T"'µ�;';��'�'�„'�"---
<br /> • ~�`�'��"e f}-. '; th�dw d�b o1 any paym�nu unde►th�Nou,or cur��ny del�ull thor�und�r o�her�und�r.An unlipp --
<br /> ,•.. , ;...
<br /> .. ..,.....:�_..-. Trustor. �.
<br /> "� " "'�^ ' 8. p�rfotmaew by I.�nd�►.Upon the occurrence ot an Event o1 peleull he►eunder,or il any ect Is faken or leyal proc np _
<br /> . . ,: : •,.,,� �_�_ --__----_----
<br /> , •• �• . commeneed whiah mstsrlally attecta 1.e�n Trustoe and�wit out�e eaefnp Trudo efrom any ob petlon,do eny aot whleh tru�t has
<br /> • "���s,� so,end wlthout nodcs to or demend upo
<br /> ��:,,R�:-�•;•��; �;', aprsed but feile to do and may al�o do any other act ft deems neceaeary to protect the securfty hereof.Trustor ehall,immsdf�tely � pq
<br /> `��Rs� � �•�+�';�, upon demen d therelor b y Lender,pay to Lender all coate and expenaes Incurred and sums expended by Lender In connecUon with � ,•j_.
<br /> � " ``'4 t�►e ixercise by Lender ot the forepoinp righte,together wilh Intereet thereon at tho delault rate provided in t he No te,w h ic h ahall bw � '" ., • �
<br /> �"Y;_,.;^ h : ,;�,,; .: �
<br /> „� - �Y�=�; .-��,a�'��u?t,..x;� ���p thp tnd�btednoa4 sacured hereby. Lender sh�ll not Incur any IIeb111N becau�e ol anylhlnp It may do or omit to do
<br /> �a�ie_, �, •s���r'aroe�xru.
<br /> heraundYo• ...en+.u�t�r�w�c.a,..�:
<br /> �,v,.ti:,.�1 r�"''��,S�i�N . . Trustor shall kaep the PrvNQ�ip in compt�nce wlth all applicable laws,adlnancea and regu�auone � •, ' .�,, -.r ,,,,�.
<br /> ,;; .�..; - ,�r, .,:., 9. 1!�►s�rdous IA+Mrii�M. ,
<br />_ s.• ; ` �....
<br /> =�..`..rt��,:• �, • reGiLng to irtduatr+al0►ys�ene or envlronmental protect'.�a�;CO�[eCtiYE�g referred t0 hEretn AS"Enrironmental Lawa'�•Truetor aha � , ,
<br /> _:-Y.�ti�.;/r� ` ...-''I;',�'.,. . `�' �•r r r 1at7Y jtr.��1�.
<br /> keep the Pcope►ty irae irom a11 substences deemed to be:"�zar�ous or toxic under an Environmenq�laws fcotlectively referred to '��� ��
<br /> � Y
<br /> q S, .
<br /> __..,���.. ., , s , ,,;;, ,'•,h:> herein a9"Haza�¢ioue Materlals"1.Trustor hereby warrante and represents to 'le�+cterthatthere are na Hazardou9 Materlele on or . 't ^�� •: ' «t -•
<br /> ``:���' � '�;�1'� � .' �' under lha Properllr•T:uator hereby agrees to indemnity end ho�d harmless Lender,its direCtors,oMiCP►S,empYOyees anci asenta,and ��`,�`�,'���r�,` <<����::
<br /> i �,�; �r'•�, ��,,,;,.;,�. ',.�;�• any aucceasors to Lender's interes�Irom and apa�nst any and all clalma,damages,loases and iiaCil�ties aa�sing in�onnecao�w�m �. �'1 -,��
<br /> ,�. �1 ,�„ �.�.��i '
<br /> ',,�,}.,-� � L.J� ��;;,f;ti,,.; Me preaence,use,disposal or transport o1 any Hazardous Materials on,under,from or about the Pro�erty.TMiE FOREGOINru —��--��
<br /> ����'•� W,IRRANTiES AND REPRESENTATIONS.AND TRUS70RB OBLIf3ATIONS PURSUANT TO THE FOREGOINa INDEMNOTY,SHAIY. '
<br /> , ,``� {� t` _,, ,. .__.�_.—.
<br /> ' '�s;,p Si9RVIVE FiECONVEYANC�OF THIS DEED Of TRUST. *�^'���`,�""'�!�''
<br /> y� •���:
<br /> .. ;;.;i�,r�� ,� ��j,� 10.As�l�nm�nt ol ReM�.Truetor hereby assigns to Lender the rents,Isaues and proifts o11he Properly:provided tRat Trustar
<br /> ,: ir:•.�?1 S .,,��,�'�;' shell,until the occurrence of an Event ot Default hereunder,have the rlght to collect and retaln such rents,lasuea and pro111s as lhey �__
<br /> ,, b. r;;: Y :;•.,��•°
<br /> , become due and payable.Upon the occurrence of an E�•ent of Default,Lender may,elther In peraor.or b agent,with or without
<br /> �5.. brinyfng any actian or proceeding,or by a receiver appointed by a cou�t and without regard to ihe adequecy of its securly,enter � .�;,. ,.
<br /> '���" upon and take posaesslon ol the Property,or any part thereof,in Its own namo or In the name ot the Trustee,and do any acts which it !r�s_,`,.����;Y:•
<br /> �''� � <r1�:r deams necaaeary or desirable to preserve the value,marketebilily or rentabilfty of the Property,or any part thereot or interest therefn, ;,_.�,,^�
<br /> '�r,
<br /> increase the fncome therelrom or protect the security horeot end,with or�nrithout lekinq possession of the Properly,aue lor or �- ^�-�`••+:°�.�°-i•�—�--
<br /> otherwise collect the rents,Isaues and prolits thereof.Including those past due and unpald,and apply the same,less costs and i•�
<br /> �J : � - ..',�;`..----
<br /> ,. : �,.';ai�• expenaes of ope�ation and collectlon Including altorneys'fees,upon any indebt�dneas secured hereby,all fn such order as Lender � �'��
<br /> �:;,.: may determine.The entering upon and taking possession of the P�operty.the collectlon ot such rents,fssues and profita and the F ,+,�:,�.:-
<br /> � �`.ir'.�� g licatlon thereof as aforesaid,ahall not cure or welve any delault or notfce of delault hereunder or inveAdate any act done in <<,�'�.--��F__��
<br /> , PP , a;s.�`�-::>r
<br /> ��t � ' •{ `"�� reaponse to such detauN or purauent to such notice ot default and,notwithstanainy the continuance in posseasion ot the Property or _
<br /> � �y;^_;{;i; ' �_ the collectlon,receipt and appucapon oi renia,ibsuaa ar aralRs,and Truste�and 4 e�der ahall be entitled to ezercise every ripht s j i;.;� t -: _
<br /> �`,�r provided for In any of the Loan Instruments or by law upon occurrence of any Event of Delault,Includinp without 8mltation the right 1. ,�� :.' � ��;�
<br /> ` ' ' �'' t0 exarclse the power of sele.Furlher,Lender's rights and remedles unde�this paragraph shall ba cumulative with,and In no way a •..: - .
<br /> � � '��� Ifmitatlon on,Lender's rights and remedies u�der any asslgnment of leases and rents recorded agalnet the Properly.Lender,Trustee i;�W;`;,,-,��I,,,;�,,�----
<br /> , ,,, .• •�..� r. . . 1;, . r�
<br /> ,�'�;+�•� and the receiver shall be Ilable to accoun t onl y for those rents actually recefved. ;,r�.:'-
<br /> 11. Ev�11b ol DN�ul6 The lollowing ahall canatflute an Event ol Detault under this Deed ot Trust 1}';i 1�'"''s'��r!�;�;,___
<br /> • (a) Failure to pey any Installment oi principal or laterest ot any other sum secured hereby when due; �?:l; '•.•-.` .�..• ..'L'�Xf.°.�`
<br /> • (b) A breach of or default under any proviaion contefned In the Note,ihis Deed ol Truat,any ot the Loen Inst�uments,or any '�•. .: .. . � :�_
<br /> � olher Ilen or oncumbrance upon the Property; *�'`•�'-�',�'������' --—r
<br /> (c) A wrlt oi execution or atlachmeM or any sfmiler process shall be entered agalnst Trustor whlch ahall become a lien on �: : � �_
<br /> , ;. „ the Proparty or any poAion thereof or in�ereat therefn; , , _ .
<br /> � (d) There shall be flled by or agelnst Trusror or Borrower an actlon under any present or luture federal,state or other - °��:.
<br /> � � '' stetute,taw or regulatlon releting to bankruptcy.Insolvency or other rellel tor debtors;or there shell be appofMed any trustee, ' t.' r-_
<br /> � • receiver or liquidator o1 Trustor or Borrower or o1 ell or any pert of the Property.or the rents,issues or profits thereot,or Trustor ,
<br /> �; ,�„ , , or Borrower shall make any general easlgnment for the benelit of creditors; � • . .,���?_
<br /> . . , . ;:;y •,. ':•�;�. (e) The sele,transfer,lease,ass�=,nmenl,convPyance or iurtner encumbrance of ell or any part of or any Intereat In the � . '
<br /> ' � �`•''�,•y�'�S� Property,elther voluntarlly or mvotuntaray, whhout tr.e ex�Tess wr�tten consent of Lender;provided that Trustor ahell be ���;.I;' '.r,;"u4.,�
<br /> ,�,,.. , ;,:.,. � ::
<br /> ;�•�-�.•r�7 ermltted to execute a lease of the�'toperly t�a1 tloes nflt contam an aptlon to purchase and the term of whlch does not exceed �: . ,y, �,.frr.
<br /> . .,,•��+^:.:a. .. p �,;i,.�.. ..:�-.
<br /> ' 'r..r.t',�:N„o-. . one year; _
<br /> ' 'k��3`° � • (Q Abandonmen!of the Property;or '�."��� `'�'��"
<br /> � (y) If 7�usror Is not an individua�.�he+ssuance.saie,vansfer,asaiynment,conveyance o+encumbranceot mare than a totel , , .r,
<br /> "/
<br /> ;;•'� . .. ^ � ercent of(It a corparauon)i1s issued and outstandmg stock or�il a partnerahip)a t�tal of percent of �
<br /> � o P �
<br /> � peA�ership mtereata during the period this Oeed ot Trust remains a Ilen on the P�operty.
<br /> 12, p�meqia;Acc�l�ration tDpun De1au11.In the event of any Evenl ot Defeult Lendet may.wfthout notfce exaepl es requlred by `
<br /> + law,declare ell Indebtedrass secu{ed �ereby to be due and payabte and the same shall thereupon become due and payeble .
<br /> • wlthout any p1eeentmenl,demand,p�otest or notice of any kind.ThereaRer Lende�may: ..
<br /> (a; [iemand ihat 7�u�tee exetc�se 1he POWEA OF SALE granled herein.and Trustee Ehall thereafter cause Trustor'S ,.,
<br /> � interea¢�n the Property to be 8olq and the proceeds to be disiributed,all in Ihe manner pro��deC in the i�ebra9ka Trust Deed9 ;
<br /> } , :. Act; ',
<br /> ! • ' (b) Exercise any and all nyhts pPmvideG to� in any ol the Loan Instruments or by lew uDon oCCUrrence ot any ven�t o
<br /> ' ` ' ° . Oefaul�and '
<br /> , � � . ' (c) Cammence an action to foreciase th�s Dee�01 Trust as a mortgage.appomt a rece�ver.or apecilically enfo*Ce eny ot t�e �,�
<br /> � covenants hereof.
<br /> ?�• . ` No remedy�erefn conlerred upon or r�se•vetl ia 7+u9tee or Lender�s inlended to be exclusive c'any ot7ser remedy herei^ m the :
<br /> � � ' Loen I�scruments or by law provided or;o�m.!teC.C,�t eBCh SheN bc Cumulatwe.shall be��ad�.v�n�a every otner remecly g�ven
<br /> hereu�der,�n the Loan Instruments or ncw or heres"�e'er�stmg at law or�n eqwry o�by statute,a++tl+rAy be exe�c�sed co�C+:�Tentiy. � , ,
<br /> mdependently or success�vely '
<br /> 13. TrustN.TRe 4r�stee mey res�g� at eny t�r^�e +��thoul cause.and LPnde�ma�at any Ume antt w�lnou';ceuse eppolnt e
<br /> SuCCessQ*CK SuGStdute Trustee.TruStee shall not be haCie to any party.�ncluding wdhout bmdat�on Lp�tler So•'L`WEf,Trustor or any
<br /> . putCRaser Ot the PtOpe�ty.�G�e�y�'rtsspmentncgt��s L3eeu o}1T�Stk�messr mtlemn hed,�uwi�a^g s eEal�cos�co pensanon or
<br />-- -_= .-- Y�:i�vi� u�w���c�:.:.^. .. •_�... ......
<br /> �„ .�� exp@11S@8 whlCh M8y D�a35�t�3tQG!�'+�°�ew�tR I�aQd�t�O� Trusree mav teco^�e a ourcr.ase�aE ar�y saie oi i��r���i+o�:r ow'^"-p��•
<br /> under the power o�sa�r 9rantect here��1; postpone t�tie sate 0�a��ar any port�an a�tne Property.es prov�deC 6y law:or sefl the
<br /> Property as a whole,or�n separate parcels or+ors.�� T��stee's d�screhon.
<br /> 14. FNS�nd Exp�na�s•In the event Truatee solls the Property by exercise of power ul sale.Trustee sYrau be ent�tled to apply
<br /> any aal�proceeds t�rst to payment o1 all cosls and axpenses ol exerc�sing power ol sale.��clud�ng a�l Trusre3 s fees,anQ Lender's
<br /> � • end Tru8tee'e attornQy's fees.eCtua��y�nCUrred to extent perm�tled by epp��cable lew I�the e�+ent Borrower or Trustar ere►c.�ses any
<br /> 1 cu�rped asea es utNO1 Trustor's deleuf'Otludmfl w�thout amuat o�1ialei Trustee's and ttor ey s fees�o tne exen Pe matted bY
<br /> eppllcable law.
<br /> 15. Futu��AdvanCM• Upon request o�BOrrower.Lender mey.al�IS option.make additional and IuturQ advances en re-
<br /> edvances to Borrower.Such advanCes and readvances.w�th�ntarest thereon,sha11 be secured by Ih�s Deed ol Trust At no t�me shall
<br /> the pnnC�pel emouM o11he mdebtedrlees secured by th��Deed ol Trust,not�nC�ud�ng sums edvanced to prOte�t jhe*qG�nty of th�s
<br /> Deed ot TruaR exceed the on�inal pnnapal amount state.i nerem or g_144.-fl�D-�0---wn�chever�s greater.
<br /> � � —
<br />
|