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<br /> -;;�';��:1�;��;�,�'; qN proPeA�►is ao tekan o►dA .�enda ahell hevs the opdon�in ite eote and abeolute dteoretlon.to aPPh�ell auah P ;.,;<;;;, .� • ..
<br /> inourted by it in oonn9odon wNh Suoh Proaeeds,upot�any indebEedneee eeoured •� .''',;•' '�,� .
<br /> '� `r'�'{+`�`„�+�,,� OR0/dSdY0qf1�thp1'OItOd1Al100s�MdOxplf10A0 �y�.',:'' : .�"::-,��
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<br /> ��r�T.,� r.,. here0�►andln suoh oroe�e�Lende►mef►dete►mtne•or to appy att euoh Proceede,aker suah daduotiona,to the reetasNon o
<br /> :,.�,,��,�;�.,:1�'' �� P►opeilY uP��aondi�oni as tsnder mey determirta.llny apAfioatlon of Proaeede to lndebtadneee ahati not extend o►poetpone ' .ti�;. . . . ,.,,,:'1�;.;,
<br />;,:;i;;,�;;:'::, t,y„ .. ths dua dsM of eny PaYmenb under!Iro Note�or ouro sR;dP�aun thereunder or hereunder.Aey unspptled tunde ahatl t�e Pald to ,,:,y -
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<br /> t"��+i cAC�, �'. �p�by 6�ndp.tlpon the oaaunenoe of an�vent of Detautt heraunder,a if a�y act la taken or tegal proceedfrt9 _ .--. -�' .
<br /> /�_; . �'`.
<br /> .�:;'„`::;:�;�.a�, :�,�t a�mmenoed whloh materiaUy aHeot��ende�'s interast In the PropaAy.t.ender may in tt�own diaa��lon,but wlthout oblipat�on to do ,.
<br /> �. "'�'+::',:-':ti''�', eo�anA wNhout noNoe ro ar demend upo�Truetor and without�eteasing Tn+stor fiom any obligation,do any aat whfoh Truator hae
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<br /> �:r.��;, a4►�but faUe to do and may ateo do any other aot it deama naeaseary to p►oteat the securjty hereof.Teuetor ahatl,�mmed�atety
<br /> :��'�s?+� �..;';' ;:�:;: upon damand Ma�etor by Landa�.pey to bender alt aosts a�+d expeneea inourred and sums expendad by Gender in aonnaotion with `
<br /> '' the exeralee by l.ender ot the torepoing rlghts,tOgeth�n wi�h�ret�er�st thereon at the detautt rate provlded in the Nota,whloh sha11 be
<br />�''�c�. '` :�;:,' add9d to the indebtedna8a eeoured hareby. 4ertder�I4�►4t ir.�cur any tiablllty beaause of anynhing it may do or omit to do � .,,� .,., ..
<br /> e`='�=:��-'.' , her6u11der. . . .
<br /> , ,� ;. •. :'. 9. Ml�nlou�M1ne�lf.Ttuator�hall keeP��a�fn ao�npUence with alt aPPltoable lewa.ardfnanoes and regulatlons
<br /> ii�::: .
<br /> talating to Induatnal hy8�a��or environmentat proLacttae taouact�cely reterred to he�atn as°Eewtro�+mentel4aws"►.�►usw�shau �
<br /> � ° kgep the Property i►ee f�om all 8ubet0noes d9emed to be RaaaPdau9 or toxia under any Envtron��►�4sws(coltectivel�reteaed to I�,_ ,.
<br /> � herein a8"Hatatdous Materlata").Ttustor her�by weurant�aaed�esenta to Lendar Mat there are no Hata�doua Mae�ats o�or ,�
<br /> ��' und0r the Proper4l.trustor heteby agreea to�rtdenm�y aind Aa�d harmteas Lender,its directors,ott�cer�.emlQ�oYees arul a�e��e.a^d
<br /> ,���� �•�:,�: � eny Suooeeso�e W I.eRds�'0 inta�eet,f�om and e►�att�t any ar+d aU clalme,damages,loasea and tiabitite�a a�is��n Go�necAOn wlth ` � .
<br /> `_�_jt��„'is3'�, �p��ence,use,dispo38d p trenspoR ot anY Naiardoua MBteriaia on, under,irom or about ihe Proper'af� THE FOREOOIN(3 .
<br /> _��-`?`°v;.: � 1i1fANRANTtES AN�REPRESENTATtONS.ANO TRtlSTOR'S OBL.ItiAT10NS PURSUANT TO TME FORECiO1Nfi INDEMNI?Y.8HALL :... ._ _.
<br />'.�s •f�., ;:" S{Jpy1V1E qECpNYHYAPiCE OF THIS OEED OF TRUST. `. .`:•�•.:'
<br /> �'I(l�.a:'r��i' . ,,,,, •., ;•;:•. . .
<br /> "; �� .; �p, �qiqtM�nt oi q�nb.��ustOr hereby 8881gns to Lender the rente.l8suea end protits ot tKe Propetty:provided that Ttustor _
<br /> � ' �` dhatl,untit the occu�►�nce oi en�vent oi DetBUit hereunder,have the rlght to cotiect and retaln sucA rents•lssues a�d pratits aa they } ;,�.:,:+;,.::';..,' . . .
<br /> �'�' �� become due and payable.Upo��he aaurrence ot an Event ot Oefault,Lender may,eithe�m peroon or by agent,w�th ar without � ,,:;,•.
<br /> "�;" ��j�::'., �i � an acaon a proaeeding,or by a receiver appointed by a oourt end without regard to!he adequacy o!ita a�aurity ente� � ,;.
<br /> n0�9 y ,.� :i .
<br /> upon and take poseeselon ot the Prvperty.or any part thereot,In de own name or in the name ot the Truatee,and do dny acta wh1Ch It � '�/'. �
<br /> +`. , ,'; ." . deems hece88ary or deeirabte to preserve the vatue,marketab��lty or renfabillry of the Property,or any part thereot pr i�teaeat iherefn. [ �,:!i�.:��5�,.
<br /> � inarease the income theretrom or protect tha saaurlty horeof and,with or wlthout taktng poesea8lo�ot the Prapea�r.aue tor or
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<br /> �� otherwise aollect the rents.lesues end protlts thereof.InCluding those past dua and unpeid,a�d apply the 8ame.less aoata and `. !•� : :��
<br /> � ° � expenses ol operedon and oolteaGon inatuding attorneys'tees,upon any Indebtedness secu►ed hereby,ali In aucli orqer as Lender ; .,.�,.: .�,,. ,.;..`�,;i7
<br /> :..� :'�,•::." •
<br /> may determin�.The entering upon end taking poseeasion of the P�operty.the collection ot auch rents,isauea abd peatils and the , .,,�,,,
<br /> '; '�r . ' " appticedon thereot as atoresefd,ehell not cure or walve any detauH or notice of de(ault hereunder or Inval�date any�ect done in ; . ';r',;;��,;
<br /> �� '� � i r$sFonse to auch datault or pursuent to suah nohae of detautt aod,notwiMetanding the contlnuance In posseasion of the Properhr or , :. .•,; ;;,�
<br /> �=r-T�-_,�-u... ,
<br /> the coltecHon,receipt and apptication ot rente.iasues or prot�ts,end�rustee and Lendnt ehafi be&ntltie�'��x�.'se every rig!+t � ��; ���
<br /> • � , , provided io�in a�y ot the Loan Instruments or by Iaw upon occurrence of any Event ot Qefaat�Inctuding wht�ut��mitatwn the right � . . � ., •;
<br /> ' ' . ,, � � to exe�Cise the power ot se�e.Furlher,Lender's righta and remedies unde►this paragraph ehall be cumulaUv�with,and ln n0 way a .
<br /> Ilmitation on.let+cter's rights and remedtes under eny asslgnment ot teases and rents recorded agalnst the Property.Lender,Truatee R
<br /> , ae
<br /> ' a�d the receiver shall be Nebie to account only for those rents acfually received. l . , �•
<br /> � � � �t. HvsM�of Defau�.The toUOwing ehall constltute an Event of Oetault under thls Oeed ot Truat � � . ;
<br /> ' (a) Failu�e to pay any inetatlment of principal or interest ot any other sum secured�eteby when due; � , .
<br /> �'�� • ° @) A breach ot or detauR under any provision contained in the Note,this Deed ot truat,any ot the Loen Instrume�=s.or any ` .i
<br /> other Iie�or encumbrance upon the Prope►ty: �
<br /> ;: � � {c) A writ ot exeoutlon or attaChment or any eimllar process ehatt be entered 8galnst Truetor whlch 8hati become a iien on ; �
<br /> �� ' ., the Properly or 8ny portlo�thereof or Interest therein: i� ��+
<br /> '' �• � (d) 7hefe Shell be flled by or agafnst Trustor or gorrawer an actton under any present or tuture tederal.slate or other ;.�
<br /> ' � statute,law or reguletion relating to bankruptcy.insolven=y or other retiet for debtora;or tnere shell be appolnted any trustee, �
<br /> ' � '� � r8ceiv@�Or IlquidstOr ot T�uslor or 8orrower ot of ell or,�ny part of the ProPerty,or the teni8.�88uea or prolit8 thereof,or Ttustot ,
<br /> • or 9ortowe��t►A11(nake a�y generel e8s�gnmeM tor the be�efit ot creditore: .
<br /> ' � '' (e) The salo.transter, tease,asalgnment.co�veyance or turthar encumbrence of atl or any part ot or eny fntereet�n the ,
<br /> �� , � Property,eilt�sr vownlerlly or Involunta�l�Y'thatt doea�ot onteln en pt on o purchase andthe term o which doea not exCeed I
<br /> :;,,,. � permlRed to ex�cute a leeae ot the Properry ;
<br /> 'i:'.�y+}�,.�,•�� � ' o�e year,
<br /> ;;i���f_', . �,,: �. (q Abandonment of tl�e Property�or
<br /> i�t�;��;;c�},:',i :`��?;:;;�'; (g� !}T�uato��s not an lndivldual,the�ssuance.sale•nana(er,easignment,conveyance or encumbrance of more than a totat
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<br /> ti:•.. �, `fs,).:..
<br /> , ���.�•� pt�.._...—Pe►cent Ot(it a corporaflori�as�ssued and outstending stock or(d a partnership)a total ot percent ot
<br /> ':,,,; paltnerehlp fntereeta during the perlod tt��s Dc�ed ot Trust rematns a lien on the Property.
<br /> �'' q2,p�nledtes;AooelsteNon Upon Oetautt.ln the event ot any Event of 0efault Lender may,wilhout notice except ae requlred by
<br /> ' ' ,� ' taw, deelere al�!nd@btedness secured hereby to be due and payabte and the seme shatl thereupon become due and peyable
<br /> � � wMhout eny presentment,demand,protest or notfce ot any kind.ThereaRer Lender may.
<br /> � (8) Demend that Trustee exercise the POWER OF $AlE granted he►em,and Tcustee shall thereafter cause Trustor'a
<br /> fnterest In the Prop�rty to be sold end the proceeds to be d�stnbuted ai���the manner prov�ded m the Nebraska T�ust Deeds
<br /> . Ack . :.
<br /> (b) ExerClBe eny and 9��nghts prov�ded for �n any qf the 4oa ^s:•urnents or by Iaw upon occurrence ot eny Event ot
<br /> � Oeteuth,and
<br /> (c) Commence an aet�on to forectoae th�s Deed of truat as n me�zga�e atPo+nt a�ece�ver,or spec�f�cally enfo+ce Any ot the
<br /> , r� covenanta hereoL
<br /> No remedy he�e��co�ferred upon or.ese+veC to Trustee or Lender�s�ntentlatl�t be exctuaive of a^y otne<<emedy herem,in the
<br /> �'�'�! i loen tn8fruments or by law prov�ded ot pe�•+^Rtard.but eacn snalt be cu�+*+u�ei•va,shalt be m add�ho�'r ev�e�G'.he�remeCy fl':Pn ;
<br /> ,�t,•: , ' .
<br /> ',.;,•,.„,,, , , he�eander,In the Laan Insbumeen�s or r.aw s�+�a�eafter ex�st�ng at iaw o��r.�q��ry o�by scasute.enC rmap 4�e�e�ce•�C�Sem conCUtr@ntty_ ,
<br /> • • ,nd�,p�ndently or BucGesswety ,
<br /> r.3.TtWtae.The Trustee ma,r tes�gn at aRy t�cne a,sna:a tau�e.and Lender may.ar.any Ume and wrt�e:d'�.a�uee eppotnt e
<br /> �• ��'�' ��•' ! � ev�cse0r or sub9tdute Trust�e 4�ustee sha«not ce��aD�e+�a aITy party.�nClud�ng wdhoue r�mdat�o�4ender.Borrowe+ '��uat�or or any .
<br /> `.' purcheeer ot the pro0e►h tor any�o�s o���a�+�g��.�nn�ue tT r Qtk�mn af n'damtlil Bd ntluWfltlllp.8 Oa'811oCO818.co p nsaUOn or
<br />_ I 8C110fl If1 GOlIrt6CttQn wr"tir'titd 2.'•:��:c.-c... ..• •.... ....... ... ..:_' _ "'
<br /> expenaee whlch may Oe assoc�at�d tnerew�m.In add�t�on.Trustee may become a purchaser at any sate of the Property�uC�cia�or
<br /> � i w�der the pOwe�ot 8ate gra�n[ed nere�n�.postpone the sate ot a�i or any pu►t�on ot the Property.as prowded by taw.oi selt the
<br /> � . PropeAy as a wfiote,or�n separate parcels or tats at Truatee's d�scret�on.
<br /> � t 4. Fea and�xpen�e�•�r.the event Trustee setls the Prope►ty by exerc�se o�power ot sa�e,Trustee shall be entitled to app�y
<br /> � eny eale proceeds Nrst to paYment o�a1t coats and expenses of exe►c�s�ng power ot sa►e,mcludmg a11 Trugtee's fees.and lender's
<br /> � and Trustee'8 attorney'a teee,actually incurred to extent perm�tted by aDP��cabie iaw 1�tne event 8orrower or Truetor exerc�sea eny
<br /> I rlght prov{ded by law to cure an Event ot Detault.Lender shatl be enhtied to�ecover from Truator au costs and erpe�ses ectuatty
<br /> 1nCUrred 88 8 teeult ot Truatar's defautl inClud�ng wlthout tim��eUOn att T►uatee's and attorneya fees.to tfie eztent perm�tled by
<br /> I eDpllCebl�tew.
<br /> 15.Fulun Advano�s.Upon request ot 8orr�wer.lender rt.ay.at ds option,make edd�tanal end lutute ddvenCea end►@•
<br /> advances to 8orrower.Such advances and readvances,w�th�nterest tnereon.ahail be secured by th�s beed of Truat At no t�me ahatl
<br /> the principal8mount o}the�ndebtedness aecured by th�s Oeed ot Truat,not mc�ud�n sums advanced tp protect the aecunty oi th�b
<br /> Deed of TruBt,exceed the ortgmAl pr�nc�pel amount stetad��ere�n.or S����-�— �Wh�never�s greater
<br /> � ,. � .
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