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<br /> "Proceeds")1n connccttan uttb eondomnotton or o2hzr Mkinp ot thU Propody or pnR theroaf,ot for convoyunco In Itou oi cond�mnntton. �,`-
<br /> ° � 4ond�r chsll ba onGtlud at Its optlon to commcsno�.appa
<br /> ar In and prosocute In fte own namo any action ot praccoding�,nn�aha11 n►so f,,.�,_.
<br /> R �� bo ontiticd to mako Any compromtse or sett�amont In canncGtton with cuah wkinfl or damapo.in tho ovant any poRton of tho PropQriy is �.,�.;_
<br /> • so taRon or�amapud, Londar sholl hnve tPt�o�tton In Its uole and sbsntuto dlacrutton,ta apply all auch procac:ds, aftar doducting _---__
<br /> trterefrom all costs and oxponsos tncurred by It In connectten v�Ith such Pracoeds,upon any Indobtednoso�ocurod ho�uby�n ad�ch�n- F��`
<br /> � _ ���'-'� order ts�s Lender may det�rmtno,ot W aRply'a�tlon o Proceeds Qfoendebt dnosstshell nothextend ortpastpune ho dua d ta e of any pa�r- _
<br /> ° dltiana es L�ndor rnay d�torminti.Any app A ��„d tund9 efiali be peld to Tastor. �`•��-`
<br /> °:�t men4a under tho Noto,or cure any aofautt th..reurtder or hereundar.Any un:.pA " �--:-.
<br /> 8.Performance by Lender.Upo�the oxurtenco o!an Event oi Datault hereunder,or If eny ect Is takan or tagef pfucc�Adiry
<br /> •':•'.,,�^,�„ com�encod avhtch matedatty afiecb Londora Interest In the Propflrty.Lender mey in its own discrenon,but wuho,n ob!lgatlon ro do so,
<br /> � -�-'"'� end wiihaut nopce to or domand upon Trustor emd v+ithout�leasing Ytustor from any ohllgatton,do 9ny act wh►ch Trustor has agroed
<br /> ,���� but feiled to do and may atso dfl any other act it deems necessery te profect tho secufliy hereot.Trustor shall,imm�3diatety upon -v
<br /> demand tharetor by Lender,pay to londer aQ costs en�expensos IncuRed end suma exp�ndcd by Lender in connectton wlth tho oxor-
<br /> ' ' d�o by Len�er of the taregoing dghte,toBethor af+th inte,rest thereon at the datautt rai�pravlded In tha Neto,
<br /> whlch shaU bs addod to
<br /> i the trtdebtedness seaired hereby.Lender shaU nat irtcur any Ilablilty�mp'�n�����a91�epp���bloltewat ord nances artd �egulaUons
<br /> .�. 9.Ha;ardoua[INateNats.Tasts�r sh�ll keap tho Property -
<br /> [elating to industriai hygier�a oP�nn.rortm:ntFS�Pr+otsctlon(c���e�tiv�ly rofarred to hereln as°Envlronmontet Laws'�.Trustor chflt!koep
<br />��°��� �• the Preperty frea from a►I substan�s dsomed to be hazaMous or toxlc under any Envtronmantat lsws(coltec�vety re4erra�i to hflretr+
<br /> � `' a�'Hazardous Materl�ls�•Tntstor hereby warrants artd representa ta Lendar that there ere na Hazardous Matedals on or under lho
<br />`:';y':'-��,.= P,uperty.Trustor hsraby agrees to indemnly end hold harmless Lender,its direc!x�,o���.employeea and agents,and any euoces- ..__
<br />=_�;:'�-:=_': sors to bendeds interest from and agatnst any and ap Gaims,demages,Iosses and IlabillUesTME FOREf301NG�WARRANTIES ANp
<br /> -`:-:��•:. :;t use,disposai or transpod of arry Heze�dous Matatict�on,undar,nem or about the Properry. .
<br />=:�,�;�." REPRESENTATIONS.AND TRUSTOR'S OBLIGATIONS PURSUANT TO THE FOREGOiNG INq�MNiTY,SHALL SURWVE
<br /> "`�s�� RECONVEYANCE OF'[l�IIS DEED OF TRUST.
<br /> . `. 10.Asalpnme�nt of Rents.Trustor heraby asst8ns to Lender.and grents Lender a secudty interest in,all present,tutuce and
<br />"'` atter adsing rerKs,issussartd proflta r�f the Pmp��tf.provlded that Trusto�shait,unUi the occurrence of an Event oiDetaul�hereundaP
<br /> � hava the dght to coliecx and retain such rents,issues and profits as thQy become due and payaDle.Upon the occurrertce oi an Even8 07
<br />�`�"..� Qefautt,Lender may.efiher in parson or by egent,with or without brtnging any actlon or proceading,oro an�ece���e�r e�PPfoin ii�s ows�
<br /> �'��''- court and wfihout regard to tho aflaquacY of ita secu�i�Y.entar upon and take possession ot�he Properly Y 1�
<br /> rtame or in the rtama of the Tri�stoe;`and do any acts which ft deems nacassary or desl'rsb�e to P�SeNe the vaiue.marketebiiiry er N
<br />-.-��'��-��, renta6iUty ot the P�operty�ar any pad theroof or[n$u�or ojtherwise coU�ed the ren.issues and pro�ts er�sot incl�ud�g thosef Past :
<br /> ---"..'�" witt►or without tAkitt�possessian of the Propetty. renb,issues and profits,iess costs end exper�-
<br /> ,L.1 —�`� �us and�unpald:,by noritying tenar�ts to make payments to Lender.Lender may t+PP�Y
<br />_.`�� Q�vf����►ar.fton tnctudfna attomey's tees,to any irtdabtedness secured hereby.all in such order as Lendar��y deter ,
<br /> =�°-`��� mfine:The entering upon and taktng possesston of the Properiy.the coiteclion m a+�:'�•����''"`��nge to uch
<br /> ��'"�'��`�� thereoi as aforesaid shall�ot cure or waive any defauit o�noUce oi default herounder optnvalidat�an ecip one In respo ��1e��Qn... —
<br /> � �-��� detault or pursuant to such noUca of detault and, nolwlthstandinQ�the cor�tinuance in ossession of tAe roperty
<br /> °���� �oeipt and appliptlon of rents,issues or proflts,Trustae and Lender shaU 0m on�ttod to exerdse every�Ight pro�ided tor in e�o�iQ
<br />-�—� I.oa�{r►struments or by IaHr upon oxurrence of any Event ot Defaul�inctudi�l�without limlffiUon the�ight to exendse the Pow
<br />�•;� Furttter,Lender e dghts arui remedie�underih[s paragraph shail tre cumulaUva��Le7lder.Tn�stea and a�recel erh all beallebte to _
<br />-.;�� remedies under any assign�'►�i�t at'leases and rents recorded agafnst ttse Properh►• -'
<br />--_-���� account onty ti`or those cer�ts a�tuolly recelved, . �".
<br /> —=-.�_�: — 11.Evar�oi Defautt'f'he foltowirtg shall consi p@��or any other sum�cu'd reby wh n dae•
<br /> — ° (a)Fa►Iure to pay arry[nstatlment 0f�inctpa
<br /> - — (b)A breach of or detautt under ady provtslon contatned in the Note,this Deed ot Tniet,anY of the Loan Instrumants,or anY
<br /> --- -- offier t}en or encumbraaoe upon the Property:
<br />�--== (e)q wrtt ot execuUon or attachment or arry simllar Process shaQ ba entered against Trustor which shati baoame a Uen on
<br /> °= the Properql or any pocdnn thareoi or Enterest therein;
<br /> }_, (d)There shatl be filed by or agatnst Trustor or Borrower an ac4ton unEer atry present or ti�ture ted�e state�r��he���a��`
<br /> --- - ----��-� taw or reguta8on relaUs+g to bankruptcy.insolvan�o��8 P���ror�e rents,t�suas or proflts U�iereo4,a Trustor or Bort'ower:'
<br /> - �}n��i�amr of Tn�r or Borrawer or of atl or any pa ' �
<br />�'�?�■o sha►1 make any general;F►s�iBnmont tor ifie benefit of credifors: :,,,
<br />-':;�;� (e)The sate,Uangfe�•lease.ass�gnment,wm►eYance or further encumbrenoa ot all or any pad cf or any Interost in the ��.
<br /> =---�-- Property,etther voluntarliy or invoiun�ty��.a��t�����o'�����ese andethe term af vuhlchNdoes rtot excead or►e
<br /> ted to exaa�te a lease oi the Proparry
<br /> -- year, '`. :
<br /> — (�qbandonment of the P�oporhr oR
<br />-_ _ . (g)If Tnistor(s not sn ind(vlduat,trie tssuance.sa►e.transiet,asstgmnent,conveysnce or encumbrance qf n►ore than•(!t a
<br /> �— co�poratlonj e rotal of Pgroent ot i4g tssusd and outstartd{ng stock.or([�a parinership)a totat ai,;;,;'._,.,._.,_�h
<br /> .—- cent ot partnership In�erests.or(if e ltonitad tiabliity companyj a totat of _ perceM ot tt►e Itmi{ed�ii8bility compa-
<br />�_� __:,`;� ny lnteresb or voting�ights dudng.tha�ertod thfs Oeed of Trust reinalns a fien on the propeRy .
<br /> 12 Remedlas;Aca�e;aUon 11pon D�tault tn the event oi eny Eva�nt ot Qefault Lender may,whhout no8rs except as�ui'�
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<br /> -- - - by iaw,deWa�o e��indeb4edqt7ss 58�ured t�erebY b�be due and payals:o and ti�e same shafl thereupon become dtte and paYa
<br /> �� eW
<br /> o�t any presentmant,demar�s�.p��est or no8oe of any ktnd.'Fherenf¢er Lenrier may:
<br />���- ± (a)Oemand that 1'nistoe oxerctse the POWER OF�AIE granted herefn,and Trusteo shatt ther¢aRer cau's8 Tastorg��ter _
<br />--- "`�`�� est In the Proparty to be sold and tA3�rooetz6s to b�dtsbibuted,aU tn ths mannsr provtded tn the Nebraska-7'tu�t DeCds Ac�
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<br /> ---'-=' '-'' (b)Exercise any and all dghts prov�dad for in ar�y ot Uie.6.Qan�ns�uma�s or by taw uAon oo�rrence ai any Event ct
<br /> --='`'•-'"�r.�.:: Qef6ttt�and ,, .
<br /> ,:s.;_-<4::. Inte receiver,orapecSP�cat�tsnt`oroe any��iVi�ie
<br />�;•;;:;�-�� (c)Commence an adion to foredose thts Deed of Tntst as a rPtortgage,eppo
<br /> -;'.�•y;;;<<:�7�^ OOY8A3iitS heteOt.
<br /> � No ron+e�iy hereln oonferresD uA4n mr resen�ed�T��°r Lendar is IMendad to be exclustve of any othsr remet9y herain,tn tho n
<br /> ��r;,,.,"�_'_. -
<br /> __°_.;�?=`�-`-��� Instrumenis o by!aw Rrw.v�neT�gr�ier�extstinn9 et tawtor n equlty or by statute fe d m'ay be exe�ECancurrenUy.n��aenuy
<br /> 9 in mo:�,m....�.....a..:�_.�---
<br /> �r. ���� Rt 8 5l1�
<br /> ' ��` x� 13.Trust�e.lhe Trustee maY res�BA at any tlme wtMoat cause,am!Lender may at arry tlms and vu�th0ut cause aDpd
<br /> ;: ��`��` cesser oi substlWio Tru�tee•T�ustee shall rt�t be lla0fa to eny party,[nc�udirtg wlthout Qmttntloo Lertder,Bo�a?o�er.tnistor mr enY Pur• r
<br /> ,.=.;o. . ;��
<br />� 1.. ._ .�?� i�neclfon w t�the�enioroe nt oi thi D�eed of T�tst unle�demrttfled.In wri�ti B for atl costs�comPensatEe�Or expense wt►IcQi .
<br /> :".-,�_ . �: .�,_�, = Qr tfn�r khn Power of
<br /> • •, .. .;;i may be assoclated tharewith.In a�diticn.Truatee may boccme a pur�tiaser ais s�iy.s-�te oi L'�s��Y U4�
<br /> � ..� sale granted herein);�stAona the salo ot ap or any poRfon of th�Proparty.as provtded by�ew:or seQ tho Pro�ortY as a�vhote,or th '
<br />_ - .I�; �u�� :. separate parcets or lots at srustsa's discretlon.
<br /> _ ' 14.Fees a fl d�ExRe a m e n t o4 ta I oosZa fl d xpenses of e e�fig powe of sate,�fncluding ali Tnistee's fee ana�e s ana�
<br />- . �r:: . erry sa�o vtooeeas c Y
<br /> � � ; T�usteo s sttomer's faes, aehia►ty tncuried W extent permltted by appltcabte law.In the evont Borrowe r e r T m s t e�r e x esdsQS en y t
<br /> }t`e��•�'�' '�` t-''" provtdsd by law ta cure an Event of Qetault,Lender shall be entltlad to reaover trom Taustor all costs and expenses aetualy tncurced ns
<br /> - '� �'l' a result oT Trusto�s dntault�Inclading wfthout IlmitaUon a11 Truateo's and ettomey's taes,to tP�e extent pertnttted by appiicab�e law•
<br /> ; -� � 1g,Futuns pdvan�ea.Upon�equesi ot Barrowar,Lender may.at ib opttan,make addi@onal and fuNre ed�►anoas and read-
<br /> ' vancus to 8anower•&�►ch advertu�s artd readvances.wiN tnterest thereon,ahsll be secured Dy thls Deed of Trust.At no Nme shal�the
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