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<br /> �.:��'+:.�;�'x�' � ' tM Prop�ny i��o tak�n or dam�p�d,Lend�r�h�ll hav�ttw aptlon,In ita sole end absoluh d��craion.W�pWY�II wch ProcNd�, `�` �A
<br /> , h:`?�t:;,?�'`;4is, ' afhr d�duodnp�herWrom�II co�b anA erpensu inourred by It in conneodon wUh�uch PrxsW��upon any 1nd�bt�dnMS sround �
<br /> h.,:�x•� �; , ; h��by�nd In wch ord�r at L�nd�r mpy d�hrmin�,or to�pp1y ell�uah Proeads,�f1�r fuch deduatlom,to lh�r0�to��N011 oi th�
<br /> • "'' � P�opsAy upon wch condlUons a�Lende►moy d�termin�.Any eppllcstlon ol Proeoed�to Indsbtedne�s�hdl not�xt�nd a pottpons '�►" ,-�--
<br /> r y y I�d lund�sh�ll b�p�ld to _=°— `�'�'''�'�'�����
<br /> ,",,.��;�i.;,«�c.;':��.,� th�dw d�t�of an paym�nt�und�r th�NoU,or cur�on dNault th�raund�r or h�nund�r.An unpppl __.-_
<br /> .. . T►wta. �rc::;;:-
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<br /> .. .. _ � R„�:
<br /> • - � - 6. p�lomianc�by L�ndar•Upon the occurrenco of an�ven�ol 0eleult hereundar,or II any Act 1�taken or lep�l proc Inp __ _ ,
<br /> ° ^� ."' •, commenced whlah m�t�rlslly afleote lender's Interest in th�Property,Lendor may In It�own diecreuon,but wUhout otiUpanon to do :-__
<br /> • •ox�•.�y �:; so,end without noUCa to or Qemand upon Truetor end w�thout nleaslnp Trwtor Irom any oblipatlan,do any eCt whlch Trusta►hfl� - aa�_.,��_-_
<br /> � ;� ,, apreed bu11�11s lo do and may al�a da any other act it deoms nece�sery to protect the eecurlty hereol.Tru�tor ehaH,immedf�tely
<br /> a�°�.�;;
<br /> = upon demenU therelor by Lender,pay to Lender all coat�and axpensea lncurred and eume expended by Lender�n conneotfon wllh
<br /> ;:��R��� � � the exeraiee by lendar ol the lorepaing riphl�,topether wilh intereat ihereon at the delault rate provlded In the Note,whtch shall bn �.�_.,___�
<br /> '.-� ,. � � added lo the Indebtadnesa secured hereby. Lander�hall not Incur any Uebdlty bacau�e ot anytnmy i!may do or omit to do _,i,r,:,.;4�-����-_
<br /> .� hereunder. Iatione ' °-'
<br /> � � 9. H�tardous Mat�rlatw Trustor�hall keep the Properly�n compUance w�th all applicaD�o�awa orcli�ances a"d`'�u __-__ _ _
<br /> rel9tfng to Indust►lal hyplene or environmental p►oteclipn(cof lect�voly relerred to herefn as"Ennronme�til iAwa�) T�ustc?r'�h60 =.--.-�- ''�` --•.
<br /> keep tha Property Iree Irom ad aubstances deemed to pe hazardous or toxic undor any Env�rQnmencat I.,aws(co�iecUvelY rvt+�rred to ����
<br /> '' herein as"Hazardous Mpterlals'7.Troswr herW�K warrants and�eRrese�sls to Lender that there aFe no Hatardous Metenals on or �r�. '
<br /> rW
<br /> under�ho Property.T�uetor heteby ayr�s to�ndemmiy and ho�d h�rmless lQndar.�es direCto�s.o��CFrs,empioYeea and ayants,end � �______
<br /> . � . - - a�y successurs to Lendor'a Inte�est hon'►ana�S'n4t any anq au cta�ms.WmaAes.iosses and i�ab�fides ana��9 THE FORE(iC)ING �� --
<br /> ihe p�esence,uae,diepoapi o►trartsport ot any Haiardous Matenals on, under.Irom or atrout the Prope A y.
<br /> WARRANTI�S AND REPRESEN?ATIONS.AND TRUSTOR'SOBLI(3ATIONS PURSUANT TA THE FORE(iOIN(31NDEMNITY.SHALL �
<br /> .�' SURVIVE RKCONVHKANCE OF Tk1S OEED OF TRUST. ������ �-��-�
<br /> :r.:
<br /> 10. Msipnm�nl a1 R�nn.Trustor hereby assipns to Lender the renta,isaues and prolns ot thH Property.providNd that Trustor s::r;;„_._ .
<br /> ' shell,until the occurrence oi e�Event ot Default hereunder,have the right to collect and retein auch renls,�88ues and p�alits as they '� ,r-�,,�,�.1,;
<br /> become due end payable.Upon the occurrence o i an Even t o 1 D e t a u l t.L e n d e r m e y,e d h e r m p e r s on or b y a g9nt,wlth or w�thout � , ��i.��.;. .�;k,__
<br /> r:;..,:
<br /> � .��� bnnginp any aolion or proceedln4,or by a receiver appomted by a wurt and wdhout regard to Ine adequacy of fts secunty,enter y i�,-
<br /> :vi•�+�,:,, . upon nnd take possesslon ol tha Praperty.or any part Ihereof,f n Its awn name or in the neme ol the Truslee.and do any acts whiCh ft :�_ �(s
<br /> :`' ti�� ,,,,�� ; deems necosaery ar dea lra b l e t o p r e s e rv e t h e v a l u e,m a r k e t a bili ry or renteblU ry ot the Prope►ty.or any part thereol or mterest thereln. .'�� jjy ���
<br /> r t and wNh or�vithout taking possess�on ot the Property.aue fa ar �,.•.� t. .t;f�a:Y,�;
<br /> � ,;�"� ' ' increase Ihe Income Iherelrom or protect the securlty ho eo � -
<br /> :,��,•;�, otherwfse colleat tha rents,�ssues and prolds thereol,incluJ�ng those past due and unpa�d,and apply the same,less coets and C�:.`;;w:_•.,'.`._.�:
<br /> "' ;��s�� " ' '�,,� expenses ol operetion and collecUOn including atlorneys'leas,upon any�ndebtedness secured hereby,all in such order as Lender ,
<br /> may determ ine.T he en tering up o n a n d t akin g posedssion ot the Property,the collecUOn of such rents,fssuea end prolits and the �:: ,�,..._
<br /> � applicatlon Ihereol as e(oresa�d,shall not cure or walve any defaull or notice ot defauU hereunder ar invalldate any act done in ; '-.�f;:��-
<br /> "f�
<br /> " reaponse to euch defeult or pursuant to such notice of default and,notw�thstanding the contlnuance In possession ol the Propery or . � ,���
<br /> --- - - the collecaon,rece�pi aod appiicaiiun of rents,issuos or proifu.and Trustee?nd Lender shaU be enqlled lo exerclse every nght ' . ; ,; ��.y�
<br /> � � provlded lor In any of 1l�e loen Inatruments or by law upon occurrence ot any Event of Delbult,fncluding wllhout limltatlon the nght � - =_,�
<br /> �� j _._: -.-"' . . �:
<br /> t0 ex3rCfee the powp�Gt 881e.Further.Lender's nghls and remedies under th�s paragraph ahall be cumulatrve with,and In�o way a ,. "JMt-
<br /> i'r:�,. ;, l,�,:.;�:;. , y'�4it;,--
<br /> �•� • Ilmitatfon on,Lender's r�ghts and remedies ur.:e:�an•;assignment of leases and rents recorded agefnst the Property.Lender, rustee
<br /> '`' � • and the rece�ver ahAli be Ilabte ta aCCOUM only lor inose re^�as actually receaed. ��" � '�{�
<br /> �,,. �-:
<br /> 1 •;•.J:�; ''�r=: : .
<br /> -' 11. Ev��is of De9auH.Tfie lollowing shal!cons111ute fl^�ven:ot 0efault under this Deed ol Trust � � �',1.'-���
<br /> � ,•� j;y� (a) Fallura to pay any lnstailrnent ol principal or inte resi nl any other sum secured hereby when due; � ,�•�;."f ;, __
<br /> (o) A b r e a c h a 1 o r d e f a u q u n d e r a n,p r o v l s l o n c on l alned in the Note,this Deed ot Trust,any ol the Lcan Instrumen��a or any ' %!.;;t%�'"'.` ,;',
<br /> � � � other Ilen or encumbrence upon the Property; .__-="�'
<br /> ' � (c) A wrft oi execulion or aflachment o�any similar p rocess shalt be entered against Trustor which shall become a lien on 4 ; ` :�.-
<br /> :������ the Property or any portion tnereot or�nterest therem; ���--a-
<br /> �'+'��� (d) There shall be IileU by or agamat Trustar or Borrowe•an acbon under nny present or luture lederal,state or other � ,1::1� `3�g-
<br /> . -,i•:.:,',`{. . .....!.-;� �r`�7J���'..
<br /> � 1 �•;:; .,�•.;�`, , stetute,taw or regulatlon reiating to bankruptcy,msolven Cy or Cther rel�el for debtors;or th@re shell be appointed any trustee, � ,,,.,;;ti:;Vl.__
<br /> � ' '�''�>���'," ' .�, recefver or liqufdalor of T►uetor or Borrower or ot a11 or any pA�t of tho Property,or the rents,issues or profita thereof,or Truaror ;f.;,�:.-'.,,,,_
<br /> ;.,;` � ° �� or Borrower shflll make any general asaignment tar the beneiit of creditors; ;` � '�•'•"-�
<br /> � � (e) The saiA,van�ter,lease.assfgnment,convevance or further encumbrance ol flll or any pa^�of or eny Interest in the � .d,t•s,i;{-
<br /> � �� ' Property,either voluntarlly or mvoluntarlly,Wi1hpU1 ih8 express wntten consent of Lender; proviaad that Trustar ahall be ��rp; y�M'.��:
<br /> 1� .
<br /> ' y� ,, permlfled to execute a IzASO o1 the Properly tnat does not coma�n an opuon to purchase and the term o1 wh�ch does natexceed '� , �,;�;;?�,-a�:,���.;�,•^.�;;;;,
<br /> ' one year; •'�•�•,;,:•:�;1���4�:,�.;�{.:
<br /> • . (f) Abandnnment ot the Pr�perty:or � �� �
<br /> ',}i.:: •.,i •�lf>�1��'�.i;..
<br /> (p) If Tru5lor is not an mdividua�.the�ssuence.sale,transler,ass�gnment,conveyance o►encumbrance of more then a totel ( � ••i1��:;•�•"t,•.: ,`,,:.,.
<br /> .,r; 1. .,.
<br /> � ' - ��i A�v..-".
<br /> s � of _perte��t ot(fl a corporatfon)ds issued and outstanding stoCk or(il a partnership)a to�al a� percent Ot ! • , .�_, ,�ti.;:,.
<br /> partnershlp Interests durfng ihe perfod thfs Oeed ol Trust remains a lien on the Property. I ��S`
<br /> � ;, .�.:�,:r.:.
<br /> 12. R�m�dla;Acedeadon Upon DN�ull.In Ihe evantof any Event of DafauN Lender r^ay,wlthout notice except as requlred by ` ,,;,•;'.,h•wi;���:•,.
<br /> � �, � law,declare all fndebtedness secured hereby to be due and payeble and the same sha:� ihe�eupon become due and payable 't '�,; ,:� .:.t.r,
<br /> ., N• � -�'�.nli�; .'
<br /> ��•� without eny presentment,demend,protesl or notice of any kind.Thereaker Lender may� ����,,
<br /> 1 (a) DemAnm th9t Trustee exercise the POWEA OF SALE gramec: herem. and Truatee shal thereaker cause Truator's + �,'� � S;fi.:`�
<br /> . !�.. � Intereat In the�rapeny to be aold and the a�oceeds to bedfslnbuted.All�r.Ine manner providetl in the fJebraska Trust Deeds
<br /> 1;,��;'�' ACt: �::;� ,
<br /> � ;'•'�f' . • (b) Exerc�se eny and ali nghts prowded lor in anv c�t*e Loan In�trumenis or by law upon occurrenCe ot eny Event ol �
<br /> ���''�. � Cefaul�and
<br /> ;. '' r' '�,,,,•,:.
<br /> . (c) Car^�nence an action to foreclose this Deed of Tr ust as a mortgage,appoint a recewer.or specdically enforce any of lhe
<br /> ; covenants re-eot
<br /> ` �,;'� ';.�•�+;:��,�;� ��� �, No remedy herelc canlerred upon or reserved to Truatee or 6ender is intendetl L.be excluawe o1 any other remedy herein,In the
<br /> •�..•,/ ;�;',;,t�`.,,;: Loan Inatruments or cy law provlded or perm�tted.but each ahall be cumulatrve.sha��be��add�tion to every other remedy gwen I
<br /> � �:• •r�,, : hereuntler,in tne Loan Instrume�.s or now o�nereaker ex�st�ng at iaw or�n eqwty or c•.�•a'..:� and may be exerc�sed concurrentty. •„ ,
<br /> „. . . ,
<br /> •.• r:�!�1,t„�, ,• t�dCpelltlfflt{y rl�SUCC@S3We�y , .
<br /> ' � � t3. TnatN.The Trustee may res�g� a�a��y t�me wdhoul cause.a�d LPnder rr�, •r• a'y t�me and wdhodt ceuse nppomt a �,� ��
<br /> `�'• suCCessOr ar substtiute Trustee.Trustee sn.jit r t!be liable to a�y parry •^c�:d:^g w�thout lim�tafion l.e�Cer,Borrower,Trus�or or eny
<br /> ����� purchaser of tRe Property.lor any Ioss o►aamaq�unless due to reckless or w� ^�i misco�ducL nntl 5^a���ot be requ�red to lake any
<br /> nrt�nn �n rnnnwr.uon with the enlorcement o�tn�5 Deed of lrusl uniess mttemmt�ed. m wnt�ng. tar all cosls. compensation o►
<br /> ...A. ..aln{nl M
<br /> � � ^ . • � ex��nsea w��ich may be assoc�ated therew�tn ��add�ron rrustee mey become a purcrtase+a�a�y wrc o7���a�:�;.��.,��-•-•-•- ,
<br /> r � urttler the power of sale granted hore�nl,posrpon�n,e s3i�ot all or eny poraon of the P�operry. as prov�ded by law.or sell the
<br /> ; Property as a whole,or�n separale parcels or iots at T�•,,srees d�sCredon.
<br /> � • 14. F��nd ERp�nt��.In the event T�ustee sells the P roperty by exercise of power ot saie. r�•ustee shAll be enutled to epply
<br /> • . � any sale proceeda first to payment of all costs and expenses ol exerc�smg power ot sale.�nciud�ng a�i trustea's 1ees.and LendeYs
<br /> and Trust@e's atlorney's�ees.aGtuelly inCUrred to extent permdtod by appliCeble law.In the event Bu��ro�ter or trust�r exerasas any
<br /> ` right provlded by law to cure an Event ot OelBUlt.Lender sh all be ent�tled to recover trom"i rustor an costs and vxpensea actually
<br /> incurred as a resuN of Trustor's defeult,mc�udmg w�thout I�mitation a�� Trustees and atlorney's�ees.to the extent perm�tted by
<br /> applfceble law.
<br /> 15. Fuhin AdvsncN. Uport requesl of Borrowe►. Lender may.at�ts option, make add�t�onal and luture advances and re-
<br /> ' edvanCes to Borrower SuCh edvanCes and readvantes.wilh mterest there0n.Sha��be seCUred by Ihis De@d ol Trust At�O Ume Shell
<br /> Ihe pnnc�pal amouM of the indebtedness secured by th�s Deed ot Trust.not�nc�udmg sums edvanced to D�otect tne secur�ty of tn�s
<br /> . Do6d o1 Trus4 exceed the or�yinal pnnCipal amount steted herem.or 5------.wh�chever�s greater
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