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<br /> 7. EmMent Dometn. Lende► ie hereby eesipned all compensation, awards, demapes end other peymente or relief (hereinafter "Proceede")
<br /> in connsction with condemnetion or other tekinA of the Property or part thereof, or for conveyence in lieu of condemnetion. Lender shell
<br /> taken or demaped, Lender shell heve the option in ite sole end ebsolute discretion, to epply ell euch Proceeds, efter daductinp therefrom
<br /> all costs and expenees incurred by it in connection with euch Proceeds, upon eny indabtedneee aecured hereby end in euch order ee
<br /> Lender mey determine, or to epply ell euch Proceede, after euch deductiona, to the reatoroLon of the Property upon such conditions ee
<br /> lende� mey determine. Any applicetion of Proceeda to indebtednass shall not axtend or postpone the due date of any payments under
<br /> the Note, or cure e�y defeult thereunder or hereunder. Any unepplied funds shall be paid to Truetor.
<br /> 8. Periormanos by Lender. Upon the occ��rrence of an Event of Defeult hereundar, or if any ect ie leken or lapal proceedinp
<br /> commenced which meterielly effects Lender's interest in the Property, Lender mey in ite own diacretion, but without oblipetion to do eo,
<br /> and without notice to or demand upo� Truator and without releasing Trustor from any obliAation, do any ect which Trustor hes agreed
<br /> but feils to do and may also do eny other eci it deems neceesary to protect the aecurity heraof.Trustor ehall, immediately upon demend
<br /> theretor by Lender, pey to Lender ell coete and expeneea incurred and sums expended by Lender in connectio�with the exerriae bv_ _____._
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<br /> lender of the forepoinq riphts, toqether witTi m�erosf[Tiereon at�e—defeult rate provided in the Note, which ehall be added to the
<br /> indebtednee�eecursd hereby. Lender ehell not incur any liability because of enythinp it mey do or omit to do hereunder.
<br /> 9.Hazsrdous Mete�fals.Truator ehell kaep the Property in compliance with all eppliceble lawe, ordinances and repu�etions relatinp to
<br /> induetriel hypiene or enviro�mentel protection (collectively referrad to herain aa "Environmentel laws"). Trustor shall keep the Property
<br /> free from all subetances deemed to be hazardous or toxic under any Environmental Laws (collectively refarred to herein es "Hazardous
<br /> Materiels"►. Trustor hereby werrente end represe�ts to Lender that thare are no Hazerdous Meteriel on or under the Property. Trustor
<br /> hereby eprees to indemnify end hold hermleee Lender, its directore, officera, amployaee e�d apenta, and eny euccessore to Lender's
<br /> interest, f►om end epainet any and ell cleime, damegee, losses and liabilitiae arieing in connection with the presence, use, disposal or
<br /> treneport ot eny Heza►dous Meteriels on, undar, from or about the Property. THE FOREC301NG WARRANTIES AND REPRESENTATIONS,
<br /> AND TRU3TOR'S OBLIGATIONS PUR3UANT TO THE FOREGOING INDEMNITY, SHALL SURVIVE RECONVEYANCE OF THIS DEED OF
<br /> TRUST.
<br /> 10. A�dpnmsnt of Rsnt�. Trueto► hereby aseigna to Lender, and erante Lender a eecurity interest in, ell present, future end efter
<br /> rieinp rents, issues end profits of the Property; providad that Truator shall, until the occurrence of an Event of Default hereunder, heve
<br /> the ripht to collect and retein such rents, iesues end profits as they become due and peyable. Upon the occurrence of en Event of
<br /> Default, Lender may, either in pereon or by agent, with or without bringinp eny ection or proceedinp, or by e receiver eppointed by e
<br /> court end without repard to the edequacy of its sacurity, enter upon and take posseesion of the Property,or eny part thereof, in its own
<br /> neme or in the neme of the Trustee, end do any ects which it deeme necessery or deeireble to preserve the velue, rperketability or
<br /> rentebility of the Property, or eny pert thereof or interest therein, or to incresse the income theretrom or protect the eecurity hereof end,
<br /> with or without tekinp posses�ion of the Property, sue for or otherwise collect the rente, iseuee end profite thereof, includinp those peet
<br /> due and unpsid, by notifying tenente to make paymente to Lender. Lender mey epply rants, iesues and profits, less coets and axpensas
<br /> of operetion end collection includinp ettorneys' feee,to eny indebtedneee secured hereby, ell in such order ee Lender mey determine.The
<br /> enterinq upon end tekinp poseession of the Property, the collection of such renta, iesuee end profits, end the epplication thereof ae
<br /> aforesaid, ehsll �ot cure or weive sny default or �otice of defeult hereunder or invelidate eny ect done in responea to such default or
<br /> pvreuant to such notice of defeult end, notwithstandinp the conti�ua�nce in possassion of the Proper4y nr th� collaction, recs�pt end
<br /> epplicetion o� rsnts, iuuas or profits, T►ustea ar►d Lander ehall be entitled to exercise every ripht provided for in eny of the Loen
<br /> Instrument� or by law upon occurrence of eny Event of Default, including without limitetion the right to exe�cise the power of sale.
<br /> Further, Lende►'�riphts end remedies under thie perapreph ahell be cumulative with, and in no way e limitetion on, Lender'e rights end
<br /> remedies under eny aseipnment of leeees end renta recorded egainat the Property. Lender, Trustee and the receiver ehell be liable to
<br /> account only for those rente actuelly receivad.
<br /> 1 1.Ev�nt�of D�fwk.The followinp shell constitute an Event of Default under this Deed of Trust:
<br /> (e) Failurs to pey eny instellment of pri�cipel or interest of eny other sum eecured hereby when due;
<br /> (b) A breaeh of or defeult undsr eny provisio�containad in the Note,thia Deed of Trust, e�y of the Loan Instrumente, or any
<br /> othsr lisn or sncumbrsncs upon the Property;
<br />� (c)A writ of execution or ettechment or any eimiler procesa ehall be enterod apeinet Truetor which ahell become e lien on the
<br /> Property or any portion thereof or interest therein;
<br /> (d)There shell be filed by or spei�st Truetor or Borrower an ection under eny preeent or future federal, etete or other etetue, law
<br /> or repulation reletinp to benkruptcy, insolvency or other relief for debtore;or there shell be appointed eny trustee, receiver or
<br /> liquidator of Tru�to►or Borrowe►or of sll or any part of the Property, or the rents,issuea or profits thereof, or Trustor or Borrowar
<br /> shsll mske eny 9enerel assiynment for the benefit of creditora;
<br /> (e)The�ale,t�an�fer,lease,assipnment, conveyenca or further encumbrance of ell or eny part of or any interest in the Property,
<br /> aither volunterily or involuntarily, without the exprese written consent of�endar; provided that Trustor shell be permitted to execute
<br /> e leeee of the Property thet doee not contein en option to purchase end tha term of which does not exceed one year;
<br /> (f) Absndonment of the Property; or
<br /> (0) If Trustor is not an individuel, the issuence, sele, transfar, asaipnment, conveyenca or encumbrence of more then (if a
<br /> corporetion) a totsl of N/A percent of ite issued and outetanding stock, or (if e partnerehip) a tote) of N/A percent of
<br /> pertnership interest�, or i e imited liability compeny) e totel of p/q percent of the limited liebility company intereets or votinp
<br /> righte durinp the period this Deed of Trust remains a lien on tha Proparty.
<br /> 1 2. Remsdis�;Aooelsretbn Upon Dsfauk. In the event of any Event of Default Lender may, without notice axcept as required by lew,
<br /> declere all indebtedne�� secured hereby to be due and payeble end the eeme ehell thereupon become due and payable without any
<br /> presentment,demend, protest or notice of eny kind.Thereafter Lender may:
<br /> (e) Demend thet Trustee exereiee the POWER OF SALE grented herein, end Truatee ehell thereafter cauee Trustor's interest
<br /> in the Propsrty to be sold end the proceede to be distributed, ell in the manner provided in the Nebreske Truet Deeds Act;
<br /> (b)Exerci:s any and e!I riphts provided for in arty of thc+ toen Insiruments or by law upon occurrence of eny Event of
<br /> Defeult;end
<br /> (c)Commence sn sction to forecloee this Deed of Trust ee e mortyape, appoint a raceiver,or specificelly enforce any of the
<br /> covensnts hereof.
<br /> No remedy herein conferred upon or reserved to Truetee or Lender is intended to be exclusive of eny other remedy herein, in the Loan
<br /> lnstruments o►by lew provided or permitted, but each shell be cumulative, shell be in eddition to avery other remedy piven hereunder, in
<br /> the Loen Instrumsnts o►now or hsreafter exietinp et law or in equity or by statute, and may be exercised concurrently, independently or
<br /> succes�ively.
<br /> 13. Tru�tee. The Trustee mey resipn et any time without ca�se, end Lender me at en
<br /> .. time end withou
<br /> Y Y t cause appoint e successor
<br /> or eubetitute T,��atee. T►ustee shell not be liable to any party, including without limitation Le�der, Borrower, Trustor or any purchaser of
<br /> the Property, for eny lo�e or demape unlese due to reckleee or willful mieconduct, end ehall not be required to take any ection in
<br /> eo�neetion with ths enforeement of this Deed of Trust unleae indamnifiad, in writinp, for ell eoets, eompeneetion or expensee which may
<br /> be essocieted therewith. In eddition, T►ustee mey become a purcheser et eny sele of the Property (judiciel or under the power of sale
<br /> prsnted hersin);postpons the�als of ell or any portion of the Property, as provided by lew; or eell the Property es e whole, or in eeparate
<br /> percele or lots et Tru�tee's ditoretion.
<br /> 14. Fss�s�d Expen�e�. In the event Trustee selle 4he Property by exercise of power of sale,Truetee ahall be entitled to apply any sale
<br /> proceeds first to peyment of ell coats and expenses of exercising power of sale, includinp al)Truetee's feea, end Lender'e and Trustee's
<br /> ettomey'e fees, actuslly incur►ed to extent permitted by appliceble (aw. In the event Borrower or Trustor exercieee any right provided by
<br /> lew to cure en Event of Oefeult, Lender ehell be entitled to recover from Trustor ell coats end expenaee ectuefly incurred ae a result of
<br /> Trustor's default, includinp without limitstion all Trustee'e and attorney'e feee,to the extent permitted by eppliceble law.
<br /> 16. Futuro Advenoet. Upon request of Borrower, Lender mey, et ite option, meke additionel and future advencea end reedvencas to
<br /> Borrower. 3uch edvences end reedvences, with interest thereon, shell be secured by this Deed of Truat. At no time shell the principal
<br /> amount of the indebtednest secured by this Deed of Truet, not including sums edvenced to p►otect the s� `��� of thie Deed of Tru�t, I
<br /> exceed the oripinal principel smount�tated h�►sin,or ! 510.000.00 , whiche��N C�,�
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