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<br /> � , � 91- 102638 -
<br /> � ' tM Prop�rty Is�o hk�n a dnnaad�L.�nd�r�II h�w th�opdon,In it�wl��nd�bsolut�dlsarNlon,W�ppy�I1 wch ProoMd�.
<br /> � z .,.�, d�d�ducqn�tMrNrom�II cab�nd ucpsn�Incurr�d by il In conn�adon wUh wah ProcMdi,upon an�1r�bt�dn�s�Nound
<br /> hWrby and In suah ord�r as I.�nd�r may d�twmine,or to�pply all such Proca�d�,dte�uch Mduadan�,to th�rwtor�don otlh�
<br /> _ � " ;,� „� PropNty upon suoh eonditlom as Lender may detsrmina.Any�pplloaGon ol ProeNds to fndWtedna��hall�ol�xbnd a poatpon�
<br /> ;, �, .L th�dw d�q of�ny p�ym�nb u�dar th�Not�,or ouro eny dtl�ult th�r�und�r or h�rwnd�.Any unappll�d Iw�da�h�ll W puW to
<br /> .. . ?Pu�tot.
<br /> �� - - 8,p�rlorm�na�by I.�nd�r.Upon thA accurrence ot e��veM oi DsUult h�reund�r,or II any act i�uken or lepal praNdinp L__ _ ^ �.��
<br /> eommenced whlah m�t��INly�Hscts Lend�r'�Interest i�iha PropMy,LendW m�y in 1t�ow�discntion,but wllAout obNpauon to do
<br /> � � � �o,�nd wlthout nodc�to or demend upon Tru�tor and without rala�alnp Tru�tor irom�ny obllp�tlpn,do�ny�ct whloh T�u�tor h��
<br /> ��. ., ° � apread but I�ft�to do a�d may el�o da any othor act It deemr nscssl�ry Io prot�ct tf►�e�curity hsreof.T�ustor shall,�mm�dl�tNy
<br /> p,, , . upon demsnd tMrotor bX Lender,pay to Lander all costs end exp�nsa fncurred and yums o�p�nded by Land�r in connsCUon wflh
<br />'��.'� � ths exercis�py londo►ot tho toreyoUg rlphts,topethar wllh inbre�t thsr�on al th�dNwlt r�le providad In theNote,which�h�ll bs �..��_-
<br /> addsd t0 tlM 1nd�bMda�es.s�cund h�reby. Lander sholl not incur any liabllily bscaus�of enythlnp it m�y do or omN to do � '^�'
<br /> � '-'r hKeunder_ _.
<br /> - �" g,H�ue�tlql��y1Ni�.Trustor shafl keep the Property In compllance wlth all appNceble law�,ordlnences and reputatiarts _: �--- --
<br /> ��• reliNnQ to intiustrial hYpiene or envitOnmerttal prolection(collectively releried to he�eln a1"E�vironmental lsw�").T�usqr shall _
<br /> kaep the PropeAy ins from�11 aub�tances de�med to be hazordou�or toxla undet any Environmentpl l.aws(collactiva{y rW�rndb ---�—�
<br /> • haraN►aa"H�z�rdow MaW►iala'1.Trustar hpreby warrems and represena to Lender that there are no Hozardous MaMria�oeor �.,•� ��. •.• _ �u.=�.�:'
<br /> ' ' underlMProperry.TrusQarherebyay�eestolndemniyandholdh�rmlessLender,ludlrecton,ofllcers,empby�aw�da�nts.and -'"''�=��'y��
<br /> •',; � any auccessors to Lender's interesL f�om and ayas�st any and all clalms,demaae�,tosses and Ilabflitbs arisug�n camecGor�w�th _____
<br /> . .��� � c•u • the preaence. uee,dlspoael or tra�spoR ot any Hata�dous Materlale on, under,Irom or about iAe PropeAy THE FOREGOING _. --��
<br /> .,.'a,c�: ° WARRANaIES AND REPRE3ENTATI�NS.AND TRUSTOR'3 OBU(3ATIDNB PURSUANT TO THE FOREGOINf31NQElu1N�TY,�'HAII �t,r�:�,•.�,�:;,--
<br />`�,��r!, �: "` o� SURYIVE�RECONVEYANCE OF THIS����OF TRUST. �: " "�"""`''
<br /> ' , .v.s:..-�., �,_.�a'�•�r;u'-'.
<br /> _;,�... . �p, �pp���W p�nq,Truatar�nereby assigns t0 Lender the renb,issuea end profeq of tAe Prope�ty;p�owded that T�u31ar �;�,-----
<br /> "�� '�T �`'"�� ahall,until tha occurrertce of an Evant af Llefault he►eunder,have the rlpht to collecl end retam such rents.issues and profib as thay ,� n;� ==
<br /> :; fi'„ ' �...;._',_°_
<br /> � `���'� ��� become due and pays�Uie.Upon the occurrence of an Event ot Default.Lender may,elther in person or by�p�ant,with or wtthout
<br /> .�•:—
<br /> `.^•;�� � brin in ao actio�or�r�oceedin .mr Ce p recefver appolnted b r�courl end without re ard to the adequacy o1 Its sec u nry,a n t a r • Y''°'=°
<br /> ..a..„ } „ � 9 Y 9 Y Y � •�.,, .!---
<br /> �,;rt:4 +'1 �' upon aad�ake posaeasion of the P•mpa!hi,or any paA thereoi.In fb own neme or M the name a11he Truatee,and do eny acts which it ' �;.�.�,;;,
<br /> • �•;�r � �` ., deems mexessary or deairable to Frmaa�v�e the value,marketebllity or rentabllfly ol the PropeAy.ar any peA thereof or Interest therein. �' f�,•�Z!:::';;.
<br /> ; � � • increaso t�re ineome lherefrom or protect the aecurlty horeol and,wfth or wlthout taking poasession ol tho P►operly,sue for or � _. 'r.:�:='
<br /> •• z � otherwiaa collect t'he r-Bnts,lasuea and proflta fhe�eof.Including those past due and unpeld,and apply lhe same,leas costs and :,,.,,�.;�.�,,,___
<br /> . ., � • expenses o1 operetfon and coltectlnn including allorneys'(eee,upon any Indebtedness secured hereby.all in such order as Lender ` ;,�_
<br /> •r.. ��+�-—�
<br /> may de9errolne.The entering upon and tekiny poseesafon ot ihe Prope►ry,the coltectlon d such rents,issues and prolits and Iho ���
<br /> F 7T..
<br /> applicAtlo�n thereof as aloreaaid,ahall not cure or wafve eny delaull or notice ol default hareunder or invalldate any act d�ne in '�;�'����R
<br /> reapon�o xo�uch delault or pursuant to such notice of default and,notwithetandlnq the continuance in posseaUon of the Prcpe:�;av :,...
<br /> _ —__= t�;,���;,;;�,teCelpt end epplicet4on nf rwnta,isaues o�pro0ts.and Trustee end lender shall be entitled to exerciae e�e�!r•ngh� •�� _�t?"��. -
<br /> ... ,.-
<br /> i •• provlded for in any of Ihe Loen Instrumonts or by Iaw upon occurrencu ol any Event ot Oefault,includlny withoua Gm�tat+on tne r�gnt �•.�i!j•: ��,;;��__
<br /> to exerclsethe power ot sale.Further,Lender's nghts and remedies under this paragraph snall be cumulaUve w�th,and ln no way a �'ti;;'�Rt�;;'-°-.- _
<br /> �. �
<br /> � , Hmllatlon on,Lender's righta and remedles under any asaignment ot leasea and rants recordad eyslnst the Properry.Lender,Trustee ��••�h'Ff���,��„�..___—
<br /> ' • a - and 1he reCeiver snall be liable to account only lor thase rents aclually reCewed. "+t'•'`'..�1::...._.;�„__
<br /> f ' • � 11 �+nntf of M9aufl. The tollawing shell consdtute an Event ol Default under this Deed ot Trust � •}•;�i�,�•�:;t.�:...>:
<br /> (a)Feilure ta pay any Installment ot principel or interest of any other sum secured hereby when due; � ,�;+(a�,�•�� �;'�'-
<br /> �b)A breach o1 or delauN under any provisfon contalned fn tha Note,th18 Deed ol Trust,any ol the Loen Instrumenls,or any j�;��%;��;;��"-'-"
<br /> other Ilen or encumbrance upon the Property: � `° '�'`"' ��• •
<br /> .. �.-.; n.,��.;, ..o..�-
<br /> (C)A wrlt ol exeCUtlon ar ariachment or An/s�mllar process ahell be entered eqainet Trustor whfch ahall beCOme a lien on �. ,`.�:, ____
<br /> ; • ' the Paoperry or a�y portlon thereof or lnterest�nereln: ,_� ,��•�;''-"—
<br />, . (•��There ahall be flled by o�agalnst Trustor or Borrower en actlon under any present or fuWre lederel,atate or other ��-�__�.
<br /> . s1Atu te.law or regu�ation relating to bankruptcy,fnsolvency or other rellef lor debtors;ar there ahall be appofnted eny t�uetee. " •�"`�t`-
<br /> , -'-�-°
<br /> ' • reCeiver or Ilqufdetor ol Trustor or Borrower or ol all or eny part ol the Property.or the rente,fssues or prollts thereol.or Truetor �`^.^;�
<br /> • or 8orrower shall make any general assignr^ent tor the bene6t of creduors: �� ' ��'K•;.� _-
<br /> � ;,.Si•: � • (e)The eale,transler,leese,asslgnment,conveyance or lurther encumbrance of all or any pert ol or any mterest in the � ' --
<br /> , , �...����f+ �. � , _ Properly. elther voluntarlly or Involunterily, wdhout the expresa wntlen consent of Lender; prowded thaf 7rustor shall b� � �ti�
<br /> ��' ' f ,}`��:����.. permitled to execute a leaae of tha Property that doea not contam an option to purchaseand tho term of which does�ot ex�eed �,,��.�;�•�,;
<br /> '••�t'-;�t�';��� "' �,";$`.��� �>: oneyear. � ' 'v� n;'=
<br />-.i� ��.�1�..Y' �':i,: . 7' i+i,`"'' ;''i'.. .
<br /> I (n Abendonment of the Pzoperty;or
<br /> '' ��'�� :���• •k��:. . (y)If Trustor�s not�n indivldual,the Issuance,sele.Iransfer,ase�ynment,conveyence or encumbrance cf more lhar.a lolal • . ••
<br /> . ,+ r, � '
<br /> .',��1::('��� S - � ` � �
<br /> . ��'. j�,`�� � of_ perc•ant of(II a corporation)its�ssued and outstanding stock or ld a parinership)a totai of parcent of i ..'°
<br /> � paAnerBhlp interests during the period thls Deed of Trust remalns a Uen on the Property.
<br /> F• 12.Ft�m�dle�;AeeN�rdbn Upon Dtl�ull.In the event ol any Event of Default lender rney,wdhout noUceexcept as required by ' ::_;,�._�=
<br /> ' � law,declare all Indebtedneas secured hereby to be due and payable end the same shall thoreupon become due and AA'lable f • .�-
<br /> �� '�",� " . without aay presemment,demand,protest or noLCe of eny kind.Thereaker lender may ,
<br /> '; � (a► Demantl thal Trustee exvrclse the FOWER Of SALE gramod herein. and 7rustee shall thereatter cause Trustor's
<br /> ` � � Inierelt in the Property to be sold and Ihe proceeds to be d�stnbuted.all�n the manner prov�ded in the Nebraska Trust Deeds .
<br /> � ACx � . �t,�,r":.
<br /> (b) Exercise any and all rlgfits prov�ded 1or m any of the Loan Instruments or by Iaw upon occurrence ol any Event o1 ,
<br /> ;�� `.�.
<br /> Detaulk and • •
<br /> (c) Commenoe an acGOn to foreciose tn�s Deed of Trust as a mongape,appoint a rece�ver,or apec���cally entorce any ol the , • j<<,
<br /> covenants hereof. • '
<br /> No remedy here�n conferred upon ar reservetl t;Tr,,stee or Lender�s�nlended to be excluswe o1 any other remedy herem,in the
<br /> • ' ,•� Loan Instruments or��y law prov�ded or perm�tte�.out eau��nall be cumuiaUve.shell be m addrt�on to every ot�er remedy pwen ,
<br /> ,�� � • hereunder.In the Loan Instrumenta or now or hereafter ex�sbng al iaw or�n equrty or by atalute,and may be e�erCiseO conCUrrent�y, � , , •�
<br /> ��'<�.i;;��'�,
<br /> .'•:;1�-.•'� independently or succeasively. ,
<br /> i '`''�'���' �� ��� 13 TrustN. TRe Trustee mey resign at any t�me w�thout cause. and Lender mey et a�y l�me antl wrthout Cause appomt a �, , . ,
<br /> .�:.�,•
<br /> � '�� succesSOror sutsst:t�te Trustee.Truatee shall not De Irahle to any party.inCluding wUhout Ilmltallon Len�r,8o�•cwer,Trusta-or eny • •
<br /> � purchaserot tne Properry.tor any loss or damagr unless due to reckless or wdltul m�sconduct.end sha��notbe•equ�red to take a�y
<br /> ,.��: ecUOn in conneci�on wdh Ihe e�wo�cemenc ar tn�s Deed ol Trust umess �ndemmfied, in wnUng,lor ai� tascS.compensat�on or ,
<br /> ��..�o.....e.w,r�...a..�•�...
<br /> — _—_._. . ex��9 Wh�Ch T8y 60 BSSOC�a�ea�erew�m m aadiuon. iiueirn�nNy'vawmv u yu�Gi�oSoi ai a:�auR�•.�......r••-r v--.�_.
<br /> under the power ol F.s�ie g►a�ic�.t�he+e�n),postpone tl�e sale ol a11 or any portion o1 Ihe P�opery,as prowCed by law o�se�1 tne
<br /> � P�operty as a whoie. or m separa:e Warceis o��ots at 7rustee's tliscretion
<br /> • 14. FNS�nd Exp�nsN.�n the event T�ustee se�t;Ihe Property by exerCise ol power ol sale.T►uslee snall be entrtled to epp�y
<br /> , any sale proceeds Ilrst to payment of all costs and expenses of exercis�ng power of eaio.�ncludmg au Trustee's lees.and Lender's
<br /> � and Trustee's etlorney's fees.actually incurred to erttnt ce►mittet!by appl�cable�aw �n theeveM[ior►ower or Truator exerases any
<br /> ' rlght provided by law to cure an Event ot Oetauit.Lende• snan be entdled to recover frorn Trustor all costs ond expenses actually
<br /> • inCUrred 8s a result ol Truator'8 default.�ntluG�ng w�thout nmdgt�on all Trustee'a and adorney�s fees,to the ertent permltted by
<br /> eppllCable law.
<br /> 15. FWun Adrane�s.Upon request ot Borrow¢r.Lender may. al�ts opt�on. moke edd�uonal entl fulure advances and re-
<br /> �, � • advances to Borrower.Such edvancea and read�.ante�,w�th mterest thereon,shan be secured by Ih�s Oeed ol Trust At no Ume sha11
<br /> � � the prmcipal8mount ot the mdebtedness securetl by th�s Deed of Trust,not mclud�ng surns advanced to protect the secunly ol tn��
<br /> Deed ot Trust.exceed the onpinal pnnapat amount steted herein.or 5{��4rN---wh�Chever�S greater
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