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<br /> - eM Prop�rt�r Is�o t�k�n or d�n�p�d,Lond�r�lull hw�th�optlon,I�Iq wt�ond�bwlua dlsorstlon.to appty alt�uoh Prace�dp,
<br /> ,�, �, �, Nt�r d�ducdny thsnhom all awh�nd�xp�nfn Inaurnd by It In eonn�otlon wllh wch ProcMd�,upon�ny in��bt�dn�q t�aund
<br /> ;�� ^�� h�nby md In suah ord�r a L�nd�r m�y d�U►min�,or to Rpply�II suoh Proca�ds.�R�r�uch d�ducUom,b th�rato►adon of the
<br /> ,� �.. Prop�rh upon such co�diGons as L�nd�r may dNsrmins.Any�pplic�tlon o1 ProcNd�to Ind�bt�dn�u�h�ll not�xt�nd or patpone
<br /> •,.. ••p�'r.�`,� ths due d�t�of any p�ym�nt�u�d�r th�Not�,or aur��ny d�l�ult thonund�r or h�nund�r.Any un�ppll�d(und�thall b�pald to
<br /> ' -, . Tru�br.
<br /> _•�:,a;� 9, P�Aonn�nc�by L�ndN.Upon the ocourrence o1 en Evsnt of Def�ult h�round6r,ot II�nr act I�takm or Iopsl proca�din�
<br /> _ ' • ." cammenced whloh materl�lly aMeab Lender's Intere�t In ihe Praperty,Lendo�may in Its own dlacreUnn,but without obllpppon to do �-�--� -__--T---
<br /> �'��. �. .v: " so.�nd wlthout notks to or d�m�nd upon Tru�tor and without rol�asinp TrWtor Irom any obllp�tlon,do a�y eat whlab Tru�tor has
<br /> _ +��:�-, n4�r.s„�2•�••� � a�reed but lalls lo do a�d m�y alto do eny other ant It deeme necesa�ry to protsct the�ecurity hereof.Tru�tor shall,fmm�dl�trly
<br /> - -__ ;•.¢?r;,;t,:; upon demend tMrefor by lender,pay to Lender all coata and expen�es incurred and auma eMpended by Lender In conneoUOn with
<br /> --_.y�f�: . the exercise by Le�der ol the forepolnp righti,topether wNh Interett ihereon et the de}ault rate provided In ths Note,which ehell bn ,
<br /> � ���^� added to the indebtedness teeured horeby. Lender shall not Incur any Ifability beceuae of �nythlny it may do or omit to do �����
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<br /> �� � ' heraunder.
<br /> N�`� ,�, „__. 9. H�sardouR Al�t�tid�.Truetor shall keop the Property In compliance with ell appllcable lews,ordlnancea and repulatlon�
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<br /> retatlnp to Induelriel hyylene ar environmental protectlon(collec�ively refeered to herein ae"Environmental Laws"1.T►uata ah�f1 �,,.�,.
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<br /> _- � ke�tha Properry frea from all aubstances deemed to be hazarclous or toxic u�da�an�Environmental Lawa(collecbvehr rst�en�to� {�...
<br /> - " h�tein ed"Hazardou�Meterlals").Truetor he►eby wnrranffi end repcesents tv lencle►that there are no Ha:erdou9 MaOenala o�e or f����;;;, 4'i�=:''.
<br /> � ' �' uoMer lha PropeAy Trustor hereby apreea to indemmty aRd[�o'd harmlesa t0ncter.�b d�rectoro,oNicers,employees and a9ents�and •:j �•..�:.
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<br /> " � '.�•,��'�; any successora to Lender's InteresR trpcR and��,►+st any and aU c�a«&,damages,losses pnd Ilabiii6es anslny in connectlon with �;�:,�_
<br /> ,%�, ��,,,. , ',� .'•." • :'!''c};��:` the preaence, use,dlaposel or transport o�any Hazardous Matenats en,u:�det.irpm vr aDput tbe Property. THE FORE(i01NCi �'��,�;"
<br /> ::;i�'r,'�{�� : ' 1--�-��.'� y1MRRANTIE8ANOREPRE$ENTAT[O�LS,A1Nt?TFiUSTOR'S08LIGATIONSPIIR`a'UAI�OTTOTHEFOHECiOIN01NDEMNITY,3HALL ';'':
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<br /> ''� ;�.' ' i.,�,:.,,.'�gT��r..at,�;'•,, Si1RVIVE RECONVEYANCE QF TPEIS REE�OF TRUBT. -- _ �_�----
<br /> , ��. ��>�;�:;�+';,�.� 1p.Aa�I �m�al ol R�nb.Tr►.ator hereby aeaigna to Lender the rents,�ssues anct p�on�ts of the Property;provlded that Trustor ��
<br /> � � .i,. � ����
<br />.;':;,':.?�,�,,{.� •• ;4i;•;;�{,�..,',} ,, ; ', �hall,unUl the occurrence ot an Event ot Delault hereunder,have the rlght to collect and retain such rente,laeues and prolUs as they
<br /> � ��! ' � • � �c::>"� become due end peyable.Upon the occurrence of an Event of Defsulf,Lender may,either In person or by apent,with ar wlthout ' �{+n�-�-""
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<br />";�;;��•,��,_:i';� � Q,,...:. ,��,`���;�1.�}t bdnyfng any actlon or proce e d ing,or by a re c e l v e r a p pointed b y e court and wlthout regard to Ihe adequacy of Ita securlty,enter
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<br /> l , ,.;�k:,,;,,,�f,,�f At;t;•;t, upon and teke poseession of the Property,or any part thereol.In its own name or In the name of the Truatee,and do any acts which It - � '
<br />' '�'•����"" e�y`��`(� deema necessary or desirable to proaerve the value,marketebllity or reMadilfry ol the Properry,or any parl thereof or Intereat thereln, w-_-----
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<br /> � :,���'�i+�;,e��Y�'� increese the ineome therefrom or protect the securlty hor9of and, wlth or�nrithout taking posaesslon of the Properly,sue for or ;�.�
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<br /> ti �::���, �� . otherwlee collect the rents,fasues and profits thereof,including thoae past due and unpaid,and apply the same,lesa costa and , —�,��:,::
<br /> �f�'�+� �`�'�`'�`"` expenaea o1 operellon and collectlon inofuding altorneys'fees,upon any Indebtedness secured hereby,ell In such ordd�as Lender
<br /> •• ' n t kln osseasfon ol lhe Properry,the collectlon ol auch rents,Issues and proflte and lhe �`�v�:r�;�tR_�� �
<br /> • �� � mey determine.The entaring upon a d a g p
<br /> "'�''�t' �+,' ��'� �'�--� appflcaUon thereol as eforesald,ahall not cure o�wafve any default or noUce of detault hereunder o�invalldate eny ect done in ,4{��,,�
<br /> �����ti'�: i'�;1:, `��,•%•�':' ' � ' ree nae to such default or purauant to such notice ot defeultand,notwlthstanding the continuance In Qasseaslon of the Properry or �L�'-;;�;�,�„-.
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<br /> _:�r:,,�„' i� • the collectlon,recelpt and applicatlon of rents,issues or prolits,and Truatee and Lender shall be entlNed 10 exerclae every rlght `�-,;�,���zF q�:r. y�
<br /> '; � �� '� ��'�'�,� provlded for in anyol the Loa�Inat�umenta or by iaw upon occurru�icn ui any Eveni ot Oatault,tncluding e:ithou!llmltalion the rlght __ ---- _-
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<br /> �•��� to exerclse lhe power ol sele.Further,Lender's rlghts and remedles under thls paragraph shall be cumulative wflh,a�d in no way a ,.,:,x#!rr;,�;!�r,�_,__
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<br /> ' � ' ?'� `,•� � � dmitetion on,Lender's rlphte and remedles under eny asaignment of leases and renta recorded ageinst the Property.Lender,Troetee ,.;,��.,��.�;';� �.._.__
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<br /> • � and the receiver shall be Ilabla to account onry for Ihose rents actually recefved. ,...j�� ,•�r.�.�,;�,_.
<br /> , . 11.Ev�nb of Dttault.The lollowing shall constltute an Event of Delault under thls Deed of Truer , , , .:, ;;, +•
<br /> • (e) Feilure to pay any Installment of princlpel or interest o1 any other sum secured heraby when due: �
<br /> (b)A breach ol or delault under any provlslon contalned in the fVote,th�a Oeed ol Trust,any ol the Loa�Inst�umenta,or eny . .��
<br /> . , . othe�Ilen or encumbrance upon the Property; � �
<br /> � (c) A writ ol executlon or alteChment or any afmllar p►ocess ahall be entered egalnet Trustor whfch ahall become e Uen on ,,;.';:w�,;,;_l:-�:,-:. �
<br /> . the Praperty or any portlon thereof ar interest therein: ' ''"�'� �; '
<br /> ' (d) There ehall be flled b�or age�nst Trustor or Borrower an action under any present or fulure federal,state or olher . •!�;_�_
<br /> � statute,law or reguletlon relating to bankruptcy,�naolvency or other rel�ef lor deblars;or there shall be appolnted any trustee. . . ,.,F:�1,�r
<br /> � • �r.. recelver or Ilquldetor ol Trustor or Botrower or ol all or any part ot the Property.or the rents,issues or profita thereot,at Truttor
<br /> `.;,.�•;''„ or Borrower ahell make any general assignment lor the benefit of creditors; - !' '
<br /> � '� ;��Si;. (e) The sele, transfer,lease,a�slgnment,conveyance or further encumbrance ol all ar any part ol or any intereat fn the ,, �• ',. ..
<br /> • Property, elther voluntarlly or involuntardy, wfthout the expreas w�ltten conaent of Lender; prowded thet 7rustor st�ell be • ��!,:�
<br /> , ; permllted to execute a lease of the Properry thal does not comaln an option to purchese and the term o1 whlch does not exceed ` .,._ . ..}�y':;;�._;
<br /> one year• . .;��:,�,..
<br /> �,T''� .,�_��.� (q Abandonment o11he P►operty;or :
<br /> �:r"� (9) H Truelor is not an individual.the�ssuance,sale.tra�eter,assignment,conveyance or encumbrence of more than a total i . ,
<br /> , _��. , ��
<br /> ° , �"�• p} percent ot Qt a corport►uon)ds issued and outstanding stock or�if e partnerahlp)a total of percent ol i �
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<br /> �''��`� ' artnerahlp fNerests during tne penad this Deed of T�ust rema�ns a lien on the Property. ,�
<br /> ��`�'�i�`�'�•r� 12. Remedls�;ACNluatbn Upon D�faulw In the event of eny Event ot Delault Lender may,wlthout notfce except as required by � ��.1;'
<br /> iu V-1M��. .
<br /> �,'.�� w� � law,declere all indebtednees secured hereby to be due and payable and ihe same Shall thereupon become due and payeble � ;r:.
<br /> j..;�•• without any presentment,tlemend,protest or notice of ony k�nd.Thereefter Lender m�y: i r•�''�
<br /> ' � ' (al Oemand th8t Trustee exerClee the POWER OF SALE g�anted here�n, �n;: Truatee shall thereatter cause Trustor'a , ;;,,
<br /> � �reterea7 in the Property to be sold and the proceeds to be distnf�;,tad all�n the rr.a:^ner prov�aab,n iMe Nebraaka Trust Deede , ,..• ;. ,
<br /> ,
<br /> ACC �. .
<br /> . (bi �ExeMc�se any and all riyhts provided lor�n any of tne i�a� i�s�ruments or by Iaw►.a�^ :����'ence of any Event of
<br /> . Oerau�C ar�
<br /> (c� Ca•T^^e�^x���act�on to foreolose this Deed ct Trust as a mo�tpaQe.acCOm;a recerver,or specdica[�x e�Tt•orce any ol the ,�t�' ..
<br /> covenareta��'eo"
<br /> No remedy R�re,°�arr"�rr¢d upon or reserved to Trustee oi Lender�s "'�^ceC":c�e�clustve:���p other remedy herein,in the •
<br /> � Loan Insbumrresor by iaw prowded or perm�ned,but each srau he cu+^:.�91�v6 9'^�I�Da in AC�'::' cc every other remedy Qlvon ,
<br /> hereunder.rrt tne Loan Instruments or now or hereake�ex.stmg a�;aw:�• '�ec..^•:'r.stat�t�.a-•:�^ay beexercised concurrenriy -
<br /> � • ' � mdependently or success�veiy .
<br /> 13. TrustN. Tne Trusree may res�gn at any t�me...r�-aut cause. and lPrCe• �`ay a1 any t�r�ie and w�thaut cau�e appa��t a
<br /> SuccessOr or subsbtute T�ustee Trustee She��not be•a��e to any party.�nc�ucs�ng w�i��put limitation Lender.8orrow2r.'rustar or any
<br /> pu�Chassr of Me Property.�ar any loss or damage un�ess cf ue to reck'ess o�w��tui m�sconaur,t,and shall not be requ�red ta take any
<br /> ' acuo��n �onnecQOn w�tn me enforcement o�th�s Oeed of Trusr u�iess�n�emndied.�n writmg.lor all cosis.compensaeon or
<br /> _...1 �...,..�� �.�.,h.sas„r�s�..n mwro,r�ih In a3d Lnn Trus*.ee rnav necome a purchaser a18ny sale al the Pr00erty�ud�c�al ar
<br /> .--- -°_•- sti.��.:�......._.. ..,-� ------- -
<br /> ' unQcar tl�e power o�sait�}ranted nere�ni.poscoane rn� sa�e ot aii or.a�v pornon op tne Property.as prov�Qed Cy�aw,Or 5611 Ltl@
<br /> • PropeAy as a w�oie. o•��seperate parcels o►�o��a+rr,�3tee's d�scretio�
<br /> .. 1 a F�s�nd facpwts�f•In the event Trustee sHis i�i�Property by exer��se o+powsr o1 sale.Trustee shau he entnled to app�y
<br /> any sale proceede��rst to payment o�all costs and expensas ot exeic�s�ng power ot saie �Uud�ng a'i T�uat�.+.s s hses.and l.ender's
<br /> and Trustee's altarney's tees,actudlly�ncurred to extent perm�tted by apphcable i3w �n In�ev�w+t 8orrow�r Or Tru8t0�@xBrCi86b eny
<br /> • ' • riyht prov�ded by lew to Cure a�Event ol D@�eu�t.Len�e�snall be enuuod to recover�rom Trusror au cos�s a�tl expenses actually
<br /> • �ncurred es a reault o�Trustor's de�eult.mc�ud�nq w�ihout I�mrtation a�� T�ustee s and attorn�ty s ise8.t0 Ihe extent permitted by
<br /> applicabte 1aw
<br /> 15. FutYr�AdrancH• Upon request of Bo►rower. Lende� may.at�ts opt�on,make add�UOnal and �ufure advances and re-
<br /> advances l0 8orrawer Such advances and readvances,w�th mterest thereon.shan be secured by th�s Oeed ot Trust.At no time shall
<br /> the pnncipal amount o�the�ndebtedness secwod by th�s Oeed o�Trust.not�nciva�ng su�rs advanced to p�otect Ihe secu��ty of this
<br /> , ONd Of TruSt exc8@d Ih@ ony�nal pnnap8l emOUnt stated here�n Of S_-- Wh�Ch6ver�S Qf@BfBI �
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