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<br /> � fh�Prapwq►I��o tsk�n o�d�map«f�I.�nd�►shdl hav�th�opdon.In Ib ent��nd�b�oluU discnqon�b�pplY�fl wclf Proowd�,
<br /> ' • ....,�t .° �f1K dbuollnp thMnlrom�II coaq�nd�xp�nsM Inourt��br It In conn�adon wlth wch P.oce.:d�.upon mY IndMM�dMa Ma+�d
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<br /> ,�'::�:;;,;j;� .;: hK�by�od In suah ord�r a�L�nMr m�y dNr►mlrn,or to�pply�II wch ProcNdt 4hw aah drduotlon�.to 1h�r�tion ot ih�
<br /> ,�*'r,;,;;� proMry upon woh aondfllom u l�nd�r m�y d�t�rmins.Any�pplla�tlon o1 Proe«do lo i�d�bt�d��es�hall not�xqnd a PaWon� --
<br /> ,,;�,,� -�., th�du�d�t�ot�ny p�Ym�nq und�r th�Not�,M aun any d�hult th�►ound�r or h�r�und�r.Any un�ppll�d lunda th�lf b�Wdd 1u
<br /> �1` ;�"�����.i.�.. TIU�10r.
<br /> g, p�orm�na�by L�ndK.Upon th�xcurr�nc�ol an Evmt ol Del�uit herwnd�r.or If any aot I�ak�n or Ipd proae�dinp
<br /> � � oommancM whiah m�rloriolly aHacu Lendor'a Inte�eet In the Property,l.ender msy in Ib own di�ontbn,but withoutobdp�t{on to do _ __ „ ____
<br /> �'�%�:• w,snd wlthout notic�to or d�m�nd upon Tru�tor�nd wilhout r�1�a11np Trutlor kom my oblipaGon,do�ny�ct which Truaor ha�
<br /> `.,�:�.
<br /> , ' . ' �presd but I�IIt to do and m�y alw do any oth�r�at It dsams n�ceuery to proteot th�iwaurity h�no1.TrutWr�11,imm�diaWy
<br /> upon dsm�nd th�nlor by l.endsr,pay to Land�r�II aa�t�end exp�ntes inour�ed�nd�um�sxpond�d by L�nd�r In conn�ctlon wlth
<br />��� � � � Ihs exerciw by L�ndu af th�forpolnp ripht�,topelh�r with Inlenstthonon a1 th�delault rat�provldsd In�tl�i Not�,whleh�h�ll b�
<br />�'' �� "��•'�`•'�`� eddsd to th� IndW1Wn���Maur�d heroby. Lw�d�►ah���nut Incur any Ilsbillry b�oauM ot�nythlnp it may do or omit to do � -
<br /> ,-..,.� �. h�nunder. In oomplipnce with oll e Ilcab�e laws,ordlnoncea and regul�don�
<br /> °' , 9. H�tanlou�M�Ntlal�.Trwtor�hNl ke�p the Proporty PP
<br /> ;.;,;. -- ---
<br /> � � reladnp to Indu�trlal hypfene or en�ironm�ntal protecpon(collactfvety�efe�red to herein ao"Environmental Lsw�').Trusmr sha • ==-
<br /> � � keep the Property Iree kom all sub�tence�daamed to be harsrdous or toric underany E�vironmental Lewa(coi'.ecdvsly�ed 10 "�;����
<br /> hereln a�"Hezerdou�Materlels'�.Trustor hereby warrante a�d represents to Lender that then i�re na Haxudow MIiMrW�on a �`�`=�°`
<br /> ,t � und�r the Properly.Trultar hereby eqreef to indamnity and hold harmless Lender,its dlrecroro,ofCcere,emptoYeas and ayenb.au�d i�°-:.._
<br /> �... �'�'�� • eny euCCee�on to Lender's Utereit trom and epa�nst any and all claims,dam�yw,losse�pnd ifaWlitie�a�riainy in cvnnection wilh !'�':-'".."-
<br /> .:.,s� the presence,uee,dieposal or 1ra�spoA o1 any Ha=erdous M�terials on, under,lrom o►about 1he Property.4HE FOREG�INQ� ,.�..
<br /> ,;.. "! WARRANTIESANDRHPRESENTATIONS,ANDTRUST�R'SOBUCiAT10NSPURSUANTTOTHE�OREGOINtiINQEMNITY,S4'�i.l '� Y�s;s--
<br /> � "=�;4- SURVIV E RECO(�VE�►ANCE OF THI$QEED OF TRllST. _ _ _�`�
<br /> + ' 1p, AsdpnmNrt oi p�nb.Trustor hert�by asaipn�to Lander the renro,issuea and profty o917w i'ropecip:�p°�avided tAat 7ru�mr �= � --- -
<br />:�;, � ;,i.; ehdl,unW the occurrence ol an Evont o1 Deteult hereunder,have tne rlghl to collect and retaln such renli,isar:�and profite as they ,�
<br /> become due antl poy�ble.Upon the occurrence of an Event of Default,Landsr ma,y,either in pereon or by epent,wlth ar without �(�'j�,r
<br /> � bnnping eny actlon or proceeding,or by a racelver appolnted by a cou►1 and without ragard ta the adequacy of Its aecurily,enter ��,s41�;�;...
<br /> ;i; � upon nnd take poasesalon al lhe Property,or any paK Ihereof,In ds awn name o►in tl�e name of the Trustee.and do eny acts wh�h It ��j,=-
<br /> ''�I� ' deems�eceasery or desirabte to preserve the value,markelebillry or renteb�tity o+t lhe Property,or any paA thereof or intereattherain,
<br />,!1,•;.:"',�,1,� � •" Increase the income therelrom or protect the securlly horeot and,wah or w�ihout fekiny possession of the Property,sua for or
<br />��!���'��'%'s �� • otherwfee collect the rents,Issuee and protib thereal, fncludlnp thpae past due and unpaid,end apply the same,lesa cotls and �
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<br /> .�j, rf . expenaea o1 operallon end collectlon Includi np attorneys'lees,upon eny indebtedneea secured hereby,all in such order as Lender
<br /> ,t:;r � � , mey determine.The enterinp upon and lekiny poasesslon of the Property,the cdlectlo�of such rente,Issues and prolita end the
<br /> .,�,''•,�• � eppllcatlon thereol as aforaaeld,ehall not cure or waive any default or notice ot default hereunder or fnvelldate eny ect do�e in
<br /> 1:;`��,,.4� ' •:���.,.;'.. reaponae to suah default or purouent to tuch notice ot default and,notwithatandinp the conGnuance In posseeslon of the Prope►ry or _ �
<br /> � .��„ ' .� � . the collection,recefpt and appllcetion of renle,isaues or proflb,and Trustee and Lender shaU be entltled to exerclse every ripht -
<br /> -� •1�(,�� ���':�, . �;� ,,���t�j� provldetl for in any oi i�e Lvu�i insirumanis ar by la+:!upon occurrence of noy Fvnnt ol Delault Includinp wtthout Ilmitatlon the riqht ��,,,
<br /> ' ^�f'' "``' �' '�� S to exercue the power of sele.FuAher,Lender'a riyhta and remediea u�der thfs paragreph ahall be cumuletive wlth,and In no wey e ���.�••=••��'"
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<br /> � ���i, 1� 1 p Ilmlfatlon on,Lender's rlphb and remedles under eny assfflnment of leases and�ents recordeu apafnst tha Property.Lendet,Truetee
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<br /> I�'�� '�r�'�;;{'1,•';;�/$? I ��11e Ev�nq of hOM�u16IThe lollowing a1hall conatt te an Event of'Deteutlunder Ihls Deed of Trust __
<br /> �'i��'�"''�`y �{•. � (a) Fellure to pay eny installment of principal or intereat of any other aum secured hereby when due; •
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<br /> (b) A breach of or default under any proviaion conlomed�n the Note.lhis Deed otTrust,any of the Loan Instrumento,or any � ,,_
<br /> ' � othw Nen or encumbrence upon the P�operty: __-�?�*��
<br /> � • (c) A wrft ol execuQon or atlachmenl or any slmllar process shell be entered egelnst Truator whlch shall become e Il�n on -- : _
<br /> � � the Property or any portlon thereol or fnle�est therem; � `,"t
<br /> '. (A) ?here ahell be hled by or against Trusto�or Borrower an ectlon under any presant or luture lederal,state or other •��;,;;;--.
<br /> ••• etetute,lew or requlatlon relaung to bankruptcy,maolvency or other rellel for debtors;or there shall be appolnted any Iruetee, f . ���__�
<br /> . rocelver or Ifquldator ot Truslo�or 8orrower ar ot ell or any pah of the Propery,ar►he rente,issues or proflts thereof,or Truetor
<br /> F' � , or 8orrower ahall make any general asapnrnenl for the beneht ot credllora; � � :'�::
<br /> ;�•;�; � (e) The sele,trenaler,lease,asafpnmenL conveyance or lu�ther encumbrance of all or eny part of or any interest in the
<br /> .�h`;r''�'�<� ' P�qperfy,elther voluntanly or Involuntanly, without the express wrftten consent of Lender, provlded thet Trustor ahall be
<br /> ;;':'rt::`�r,',i'.: ' permllted to exocute a lea�of the Property Met does not contam an optbn to purchase and the term ot whlch does nolexceed .;• - __
<br />.. '';i.r`ti'��ih� � Of16 y68f: r�
<br /> , .'•�' �� .� . i� (t) Abandonment ol the Property;or . • __
<br /> • •�• � � (p) II Truator Is not an�ndlvldual.thelasuence,sale,transter,asaignmenl,conveyence or encumbrance ot more then e toWl -.:4:.
<br /> . ;+.i, � �.: ;. � r:�.:'.
<br />. f'I'+ ."'ii;':'il.�; 1• ` '. .•:^•ta.,' �• - ' ---
<br /> ���'�� t��r,' 4�.':�,.�,1� :i;,�,'�y�: ,. of percent ol(d a corporation)�IS issued and outatandlnp stocdc or td a pertnership)a total of percenf of � _
<br /> ',. 1�,;';t� .;;<<:,:%i�;,r.;;�j4l�".% � pa�tnershlp Interests durfng the penod this Deed ol Trust remai�s e Ilen onthe Property
<br /> • � f, �.I; ``s� ' 12.R�m�dIM•AceM�npon Upon DN�ull.In the event ot an Event of Delaun Lender may,:vdhout not�ce except as roqulred by
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<br /> �.1,��� 1�/1 Y('r,,��y`'��';�f�-. � .
<br /> , ..�},��� . � ' �}.•� (�'f...'` law,dec�ere all Indebtedneas secured hereby to be due and payable and the same sha+�tnereupan become due and payeble
<br /> ,'. ��.�:�. .... � .i
<br /> ��+!�y�j.!v"•�. wlthout any presentment,demend,protest or notice of any klnd. Thereeker Lender may:
<br /> •d.=?��¢�1''� ' (a) Demand that Trustee exercfae Ihe POWER OF SALE granted^erem,and Truatee shell lhereeMer cause Truetor8 ,
<br /> �'!�ti't�"'��a� � Intereat in the Property to be sold and the proceeds ro be destributed.ali �^Ihe manner provlded m the Nebraske Truot Oeeds ,.��.�,
<br /> ':.1�:'`�,��:,!�'. ACC ''•i, :.'
<br /> � .�!,:':• !f� .. � (b) Exercfse eny and ell nphts prov�ded for �n any ol tt�e loan Ingvumenta or by 1aw upon occurrence o1 a�y Evant of •. �.
<br /> . 1�ri7`"� OelaulC and
<br /> •+�,:;, . � (c) Commence an actwn to�oreclo9e th�s Deed o�Trust as a mongac�e,aa Co�nt a rece�ver,or spec'cn�ly enlorce any ot the
<br /> � ;;�., ' Covennnta hereo� ���
<br /> • "'.;-� 1 ' ��',r����:, '. No remedy herem conferred upon or reserveC to 7rustee or Lender is��tenc�e;::: ee excwsrve of�ny �tr.e<<emady herein,in trrc ,
<br /> �' �" ,�;''���'�•.�.' ' Lo�n Instrumenta or by law provided or perm�tted,but each s�all be cumu�a'�va shall be�^�tlddwn 1�every other remeQ����ver• .
<br /> s ' • �' ���'� � hereW nder,m the Loan Instruments ar now or hereafte�ex�st�ng at iaw or�n eq��ry o•ny sa�ute.ano rr,avi ce exerc�sed co�+cur�e�uy. ,
<br /> i��;•i••�''.�'.�•;• independently or succesa�vely .
<br /> '.: �'����1. 13.TrustN.The Trustee may res�gn at arty t�me w�thuul c,use,and LenQP' ^'Ay a'c any t�me a^� w�!roul cause appomt a � �
<br /> ,, succeaeor or subaUtute Truatee.TruBtee snau notbe bable ta any parry.mclud�ng w�ihout I�rnilBtiOn L,prtl�B� $C•�ower,Trustor or eny
<br /> ., purcheeer o1 the P�operty.�or any loas or Qamage uroess due to r@ckless or wdHul�c�scona�Wt.a*•o en8ll n�t IIe requ�red to t8ke any
<br /> i��:;'Y eCUon m ConneCtion w�th Ihe enlurcement o� th�s Deed o}T�ust unle99 mdemndied �'� wr'.,ng. for all costs.compen9etlon or
<br /> �::.!:.. o.,r.r,ena whlch mnv be essUC�eted Iherew�M 1�aAQ�hon T�usree may becomea pureMas�,�••r:any sale af the Property Qudfclal or
<br /> ... ..11 1M.�
<br /> ' � unde�Ihe power of 6BIe granted herein�, postpone tne sa��of a�i or arty pornon m i.�e:roperry,us Vrvvii�eu'iiji�u7i:v:50.�•.•o
<br /> a �• � Properry ea a whole.or m seperate parcels o� �ars at Tru,s�es d�screoon
<br /> ` 14. FNS and Exp�n�N.In Ihe event Trusr�e seils the Prope�ry by er�rc�se ot power ol aale,Trusiee snall be entltled to apply
<br /> �. � any sale proceeds f�rst to payment of ell cosls and expenses ot exercis�ng po wer ol sale.�ncluding au Trustee's leets,and Lender'st
<br /> � .'. �• and Truatee's atlarney'd lees,actually mCUrred to Qxtent perm�qed by applicableiew In the eve�t Borrower or Trustor exerasea any
<br /> . • ngnl'prOVlded by law fo Cure an Event ot Deleull. Lender sh811 be ent�tletl to teCOVer from Trustor alI costs and expe�ses eCtu811y
<br /> �� incurred as a rQSUIt of 7rwtor'6 delault,�ncludin9 without I�m�tauon au Tri�stee's and attomey's�ees.to the eKteM permitted by
<br /> . applicable law.
<br /> 15. Futun AdvN�cM.Upon reque�l ol Borrower,lender may, at �ts opl�on.make add�tio�al and future Advances and re-
<br /> � advenCes to BorrOwer Suth edvence6 and�eadvances.with�nterest the►eon.shell be secured by th�s Deed Ot Trust A1 no bme shall
<br /> � the prmc�pal amount of the�ndebtednnaa secured by th�s Deed ot Trust.not�nciva�ng sums advance0lo p�otYCl the secunty ol th�a
<br /> DYed 01 TrWt,e�ca�d 1hY onqinal pnncipal amount atated herem.or S.__------ --.Whichever�S greater
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