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<br /> �. � - � 91.� 102019 �- -------
<br /> � n�'1,:�_/'��l_..^ �s�.-_..
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<br /> ' ° ,, .� , tM Praqrty I�w tak�n or domap�d,L�nder thNl haw lh�optlon,In Ib sol�and�bsolua dl�cr�llon,W appy all�uch PraMd�, -_--
<br /> �„��.� t,: , aftar ct�duRilnp lhaNrom dl co�ts�nd�xp�nta incurred by It In conn�ction wlth such PrxMd�,upon�ny IndN►hdnMf Ncund �_
<br /> �.,,,,�.:�.3����, Mr�by and In�uoh ad�r��L.�ncNr msy d�t�rmin�,or to�pply�II�uch Prxwd�.aRK�uCh d�duadon�,b th�rNto►aUon ol th� -
<br /> n,�. • •„ , �'d.' propM'ty upoo suoh canditfons a�L�n d�r may d�t�rm in�.Any�p p l i c a d o n o f P r o c�s d s t o Ind�bt�dneu sh�ll not sxbntf or p a t p o n� tl_
<br /> . ^ • . ih�duw d�t�ot�ny pl�yrrNnts und�r th�Not�,or cun�ny dd�ult th�r�und�►or henund�t.Any unappll�d lunds thall b�pald to
<br /> ' � • TrurW►. �;,�R .�
<br /> � •�• � B. Parlo�nlana�by I.�dM.Upon the ocaur�encs of sn Evont o1 Del�u8l�oreundsr,or il eny act f�takan or I�pN p�ocwdlnp �,._
<br /> . ' •;..•, •-�
<br /> ' �� �, J�'� �° commonc�d whlah m�tsriNly aflecU L�nd�►'�Intere�t in lh�PropMy,L�nd�r m�y in Ib own diicreNon,but wllhoulobllflatlpn to do �
<br /> •• - , �o,end wlthoul�ofice to or domand upon TruatOr and wllhout roleeeirg Truftor Irom any oblip�don,do any act which Tru�tor h�s �.,.,.�. _�r �
<br /> oti^ � �pr»d but I�IIf to do and may aleo do any othor Aot it deem�n�cessary to prptect the tscuriry hareof.Trwtar shall,fmm�Qfauty __
<br /> upon dsmand therefor by Lender,p�y to Lender all cast�and expenseo Incurred and aums expended by 4ender in con�ecdon with �.
<br />� ' Ihe sxoraise by Lender ol the brepdny rlyhtf,togelher wlth Intdre�t thereon at iha delault rate provlded In the Note,whfch th�ll be �_:�
<br /> . � � added to the indobtedns�s a�curad h�nby. 4ender shdt not incur any I la b l l i ry W c a u� o f an ythln p it ma y do or omll to do �=��'
<br /> .. � ' h�nunder. �= "
<br /> 9. H�s�rdau�AA�tKlab.T�uator ahall keap the P�operty In aampllence wlth all appllaeble lawa,ordinAncea and repulationa ;.-� Y
<br /> • � relatinp to InduetriH hypisne or envlronmentel prWectlon(collecUvely referred to hereM ae"EnvlronmqrtlaJ law�'�.T�us6or st��ll � � ���`'���
<br /> _.�-c--^�{--+-r^�.--
<br /> � g�{r ehp properly(r�4 from all subatuncea deemed to be hetirdous or toxic under any Hnvlronmental I..aws(couoctively►oi�ed ta .,,,�;.
<br /> ! twrofn,�s°liprardaus Matoripls").Trusbr herv4y warrants and r�presonta Do le+xier thet there t�re ne Maz�ardous Materfala on o+ � �„��
<br /> • . ur►d!e RM Prop�ty.TrusEor hereby apreeY lo fndemnily�pn�I'wie!he�m�es�Lert�w',its dlrectors,oflicers.emDlqy�s ilnd eqents.and :,,� w tje,
<br /> ;(,'^*
<br /> ;f � „ � ' , pny suCCeaSOra to Lencler's Intereat trom and��nst any and al1 cta�ms.cl�mapes,loases end ifabiflties arlsing in cannecdon with , , ...._ .
<br /> � • the prese�ce,use,disposel or transport ot any Hazardous Macerials on,under,from or about ihe Properry.THE FORE(iOIN(i .� . Y
<br /> •�., � WARRANTIES ANQ REPRESENTATIONS,ANO THUSTOR'S 0 6 U G A T I O N B P UR3UANT TO TNE FOREGUINfi INOEMNITY,BHALI ;,,�,,,�,..._
<br /> � ' � SURViVE RECONVEYANCE OF THI�pEED OF TRUSL • .. ��-
<br /> . •� 10.AsWpnm�n�ol R�nb.Truator hereby ossiyna to Lender the rents.�sauea and prolita ol the Prope►ty:p►vvided that Truetor y;.�=:-.�:,
<br /> � ehall,undl the occurrence ol an Event ot Delault hereunder,have the riyht to collect and retein auch rents,issuas and peopfa aa thoy t �`,l�,,�
<br /> ' �' beconee due end peyable.Upon the occurrence ot an Event ot Oefeult,Lender mey,elther ir�person or by agent,with or wilhout t'• ` :, ry��
<br /> � " brioginy any actlon or prxeeding,or by a receiver appointad by a court and wlthout reperd to the adequecy of its secunry,enter f . .
<br /> upon and take poasession of!he Properly,or any pan thereof,in its own name or fn the name ol the Trustee,and do any acts which it .',�;• 1-� "
<br /> ` r . deems neCessary or deairable to preserve the value,markatabfliry or�entebfllty o1 the P�operty.or any paA thereof or interesl thereln, ;__
<br /> � ' ' increase the Income Iherelrom or protect the securiry horeof and,wlth or wflhout lekinp poaseaslo�01 ihe Property,sue tor or '"'°•g1•:��• �'.
<br /> ' • otherwlse collect the rents,issues and prolits therepl,Includi�g those pasl due and unpald,and apply the seme,less costs and � �•��
<br /> , i._..•.-.,
<br /> �`.- _.,:a.
<br /> expenses ol operatlon and collectfan ineluding aIItc�nays'Teea,upon any indebted�ies�aecured hereby,all In such order aa Lender f , w _
<br /> � may delermfne.The entering upon and tekiny passassmn ol the Properiy,the collectlon of auch rents,fssues and profits and the =�-
<br /> 1 .. .
<br /> � ' '�!�'':•• atcR����'�p��hereof as aforesald,shell not cure or walve en delault or notice of detault hereunder or Invalldate any act done In k- � ��-^�
<br /> .�. ;.t ' ' � '��,��r�` Q�a:.�^�sa to auch default or pureuant to auch not�te�I deiaulland,nolwfthstandlnp the continuance In posseaelon of the Properry or �,���"•
<br /> i:�:;, ' • ' t�e collection,recelpt and appllcAtior�of renta, �sauea or profits,and Truatee end Lender shell be entitled to exercise every ripht � ., A
<br /> .�` �" � �' prpvided for In any of the Loan Instrumenta or bK law upon occurrence ol any Event of DelauB,Including wllhout limllatlon the right �
<br /> � ��• : --.,�-- to anerciae the powtic ut naia.Furihar,Landor's s:p":s at1C fErt1L'd188 U(IdB!�h18 QB►a�►fiQh Shell bB CUrt1U181fV6 Wilh,and fn no way a ' _ _ __,� _
<br /> �:•� • IIm�tA tion on.Lender's rights and reme�lles under Any assipnment ol leases and rents recorded apamst the Properly,Lender,T►uetea r:f__
<br /> '��� and the recelver shell be liable to account only for those�ents actually received. � � '�=•
<br /> , .;�.�� ;�� 11.Ev�nb ol DM�uH.The followfng shell constltute en Event of Delault under this Deed of TrusC
<br /> � � (a) Failure to pay any Insfellment of pri�^cipel or interest of any other sum secured hereby when due: ; r� •7
<br /> � �. �: .�:� (b) A breach of or delault under any prows�an contelned fn the Note,this Deed ol Trust,any ol lhe Loan Inetrumente,or any , , :
<br /> -, • other Ilen or encumbrancA upon the Proparb�: t '�
<br /> � �� �f t . (c) A writ of executlon or attachmenl or n�y slmllar process shell be er;ered againsl Truslor which shall beCame a lien on
<br /> ' the Property or eny portlon thereot or Interest thereln; ' ±
<br /> . (d) There shall be liled by or ageinst Truator or 8prrower an actlon under any pr�sent or tulure lederal,sYaia or other � " i,
<br /> t atatute,lew or reguletfon reletln�to bankruptcy,inaolvency ar olher reliel ipr debtors:or there ahall be appOlnted any Iruetee, ' Y_ ,...;,,.
<br /> I • receiver or Ilquidator of Truator or Borrower or of all o►any paR ol the Propery,or the rents,issues o+prolite thereoi,or 7►ustor ,:.
<br /> ,�,:�/�.1 ' or Borrower shAll make any general esslgnment lor the benef�t of creditors: ��f•:
<br /> (e) The sale,tranefer,leaee,eeefgnmenl.conveyance or lurther encumbrance ol ell or any par!of or 8ny inlereel in tha ( �
<br /> � property,eIlher volunterily oT involuntarlly, wilhout the express written consent of Lerxler;provlded Ihat Trustor snall be • • .
<br />; .��'.;, perm i tted to execute a lease ot t n2 Praperty t�at does not contain an option to purchase and the term af which does not exceed i .
<br /> . ':v� one year;
<br /> � ' (Q Abandanment of the Property;oi
<br /> • '•� ` • (p) If Truetar is not an indlvfdual,the Issuance.sele,transler,asslqnment,conveyance or encumbrance ol more than a totel , .
<br /> I;;._.r, • . .
<br /> • '' °�.��.;,, p1 percent of(it a rorporaUOn)its Issued and outstanding stock or(d e partnership)a totel ot percent of �
<br /> . .,,,,;��� paAnerahlp intereste durfng the penod thls Deed ol Trust remalns a tlen an the Property
<br /> 1 2. R�m�d l„;A c c�r a tl o n U p o n O d a u l f.l n t h e e v ent a1 an y Event of Oefault Lender may,w�thout not�ce except as requved by
<br /> , • , . lew,declare all Indebtedness aecured hereby lo be due and peyable and the same shafl Ihereupon become due and payable � -
<br /> � .�, ��' .• wlthout any presentmenf,demand,protest or notice ot any k�nd.Thereafter Lender may:
<br /> � ;.,��. � ; � (a) Demand Ihat Trustee exercfse the POWEH OF SALE granted herem. and Trustee ahall thereaker cauae Trustor's
<br /> ' ���:•' ' intereit In Ihe Ptope�ty to be sold end the prxeeda to be tlistnbuled.all in Ihe manne�prov�ded I�the Nebraska Trust Deeds
<br /> . � �,,�;,�.,. Ach,
<br /> � ��'�';;�� (b) Exercl9@ any and nl�nq7ts provltled lor m any of the Loan Instruments cr by i�,v upon occurrence of �any Evant of
<br /> Uelaul4 and
<br /> (c) Commence an action to lorecl�se t'�is Deed ol Trust as e mortga�e,appoint A recerver,oi apec�'�cally enlorce any of Ihe
<br /> � covenents hereol.
<br /> + No remedy herefn conlorred unon or rese�ved to T�ustee or l.ender�s�ntenaed Ir Ee exGusrve o�any ot'�er remedy hereln,in the
<br /> � Laan Instruments or by law prowdetl or perm�ned.but eacn snnis be cumulative.sha��te ir etltl�t�on te eveiy other remedy g�ven
<br /> hereunder,m the Loan InstrumPr�;s or naw Or herea�ter ex�sUng at law Or In equ�ry or by attltute,anC mey be axe►C�BBd ConCUrrently,
<br /> ' independently or successrvely
<br /> 13. TrwtN.The Trustee may res�gn u�an:�I:me w�ihout cause,ara Lende�may at any time er.tl wilhout Cause appo�nt A
<br /> auCCeeaor or sub3l�l�te Trustee.Trustee aha��no�1 be I�able to ony party,inc'�C��,w�lhout lim�tatlon Ler.Cer,Borrpwer.Trusl��or 8ny
<br /> purc'fi0ser ol the Property,(o�a^�.ioss or damage unless due to reckless or w, °..�m�sconduct.antl shai r.�t de reqwred te taace any
<br /> ett�on Irt COnneCt�On wlth 1^.e fl^�:�Cement of th�s Deed of 7rust unles3 indemnfied. in wnUr.g,�Or all tcsts,compe�98UOn ot
<br /> e�Re�sas whfch may be assec�a:�eC therewith.In add�l�on.Trustee mey beCOm6 a pwch�ser 8t eny sale of Ihe PrOpe►ep�ud�Clel or
<br /> ��nf1Y�lhY flflWAr^�nalw orantetl hereinl: Dostpone the sale ol e�l or any port�on ol the Pr�pe�ty,as Drowd@d by�aw'cr 3ell the
<br /> t . � Property as a wM�ie.�r�n separate parcels or lo�s at Trustee's d�screuo�
<br /> 1 d. F�N andf IEx�nsN.In the event 7rustee sells Ine Property by exe�c�se of power o�581e.T.uscee shall be entflled to apply
<br /> any sale p�oCeeas d�°st to payment of all costs a�d expenses o1 exercismg power o�saie ��clud�nq a��T�.,stee's lees.and Lender's
<br /> I and Trustee's atlorney's tees.actual�y incurred to e■tent perm�tted by app��cab�e iaw In the evznt BO�rower or Trusto�pKerc�seg any
<br /> � nQht provided Dy law to cwe an Event o�Default l.ender snan be enbtied to recove�from r�uscor an costs and erpenses actua��y
<br /> mcurred as a resu�t o1 Trusta►'s EefaufG mC�ud�ng w�tno�t I�m�fation all Trustee s a�d attarno,y�g tges,to Ihe extent permitted by
<br /> , ppplrca6le faw
<br /> t5 FuWr�AOvancq. Upon reque4�af 8o�rower,Lender may.ar�ri oDr�an maNe add�t�ana� .and+ut�re advances and�e-
<br /> edvenCEf to�rrower.SuCh edv9�Ce9 and reedvenC@9.with�nte�est Ihereon 3n:�ii pe setu�ed Oy tn��peed o1 Trust At no t�me sha��
<br /> the pnnc�pal amount of the indebtedness secured by Ih�s Oeed ot Trust.nor�nu�a��g sums.aQ�a^:e�s ta Crota,:r me��cur�ry�r m�s
<br /> Deed o1 TruaR ezceed the oriyina�prmclpal amaunt sleted harem,or S. __.----• hn�chever�s grear�r
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