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<br /> _ ��„�,y -:• tha Proparty le eo tnken or dsmeped,L8ht�8f BhAll hflVO th0 OptfOtl,in Ita eol�nnd ebaoluto dlar.�atlun,to�apply all eual�r�f �aa �, ��
<br /> � ���� �•t• after doductlnp thorafrom all caote cinci oxp�naos Inuuiiud by 11 In aonnaatlon wnri auon Pt�caads,upan any Indobtccinoa��xure� � --- -
<br /> _ .�:rt" horAby and In aunli ordor ae Londor mny datarmine,or to nppty all euah F��ncooda,attor nunh doduotlone,ta the roatorauon ot the ��__
<br /> � ^,�,.i�.,= '� . f'roporty upnn euah oondltlon�ae Lendor may datormina Any ap{�Ilupllan nt f'►asaadt►to IndoGtodnoaa ahaU no1 entend oi postoono �_ ,j-
<br /> `""" tha duo duto ot any�a�ympnte under the Noto,or aura Any detaulllhoro�ndor ar ho►pundor.Any un�p�li�d luncie ehe0 b6 p�ld lo �:- � a
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<br /> � B.Patarmenne�y�.�nd�r.Upon tl�o ooaurrc►noo of nn E�aN ot not�utt f��rraundor,or►f any act le taken w 1ega1 proea�ding � _
<br /> . � ..- _y.,� �:--� cam�ss.^.cCd whlch mAtArlwi►y n�►onts Landor'o Intoroot in th�PrpAOttY.Lundor mnY In ftc�awn cile�.ratfon,but�Ithoul ohll�llan ta da
<br /> -- - - c�n,and�vltitout notloe ta as dcmand upon Ttuster and wltha�l r�+lon!��ng Trustor trom nny obt►flntinn,d0 H�y ItC9 whfCh frudlu�i�un i� �.�..�- �_
<br /> ---�•�� �droad but tnlle to do and mAy nlea do any nthor ea!II dpome nacooeary to proteot Iho ettourlty horaol.Truetor ahail,lmmectlntety '- ___
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<br /> ,� upan domnnd therefor by l.ondor,puy to Londer nli coele and p�ponac�91naurrad nnd oume oxpondE►d by Londar in conneodon wit��
<br /> �� ' "� tho oxorolso by Lander of tho foropoing rlphto,toflothar wllh Intorast thoroon c�f tho dalauU�oto providod In tho Note,whluh shall b� �1�,�._;
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<br /> = a; addod to tho Indobtadnnae securod hort�by, 4ondor shnll not Inour any Ilablllty bacnueo ol anythlnp It moy do or omlt ro do � n��;
<br /> --� hereunder. ' � �
<br /> �; 8. Hex��douf MAterl�lf.Truatar shtall koep!he Property In oompllnnco�vlth all appllcablt�Ipws,orcilnanaoa nnd rogulatlone _ '� ��,=
<br /> rol�lmg to Induatrinl hypi�n� or anvlronmentnl protflatlon(nollaativoly retarrad to h�raln ne"�nvlronmantAl 4Awe")•Trustor ehall a
<br /> _�,- kveo Iho Praporry Ir�o lrom a11 aubstena�a doampd ta ha hnzc�rdaua or toxlo undor nny Envlronmontal Lawn(colleotivaly reterred to _ ; �,�-Y�ryk,,
<br /> �;�_ , i�ereln�s"Har.ardoue M�terlals"►.T�uator horvby warr�nts��nd re�pros�nte to I.ender thel tharp nro no Hpzardoua MptarlAl9 on or ,,l , ,�.; s
<br /> i;;' ; • undar l�o Proporty.Truetor horoby aproos to indamnity flnd hold harmlfleo l.�ndpr,Ite diraators,oflinere,omployeoo And�ganto,end �:1��`{��Z3;;;;
<br /> �"••� any suc�essors to londer's Interest,trom and agt�inst Any t���d��II clt�lms,dam�go�,lossos nnd Ilabllitles�risinc�In connaatlon wlth = ��
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<br /> the presenco,uae,disposal or tr2nspvrl ofi any Hazardous Materlals on,undor,Iram or abou!tho Proporry. TH� FOREQdINO ..,�.�.,
<br /> ' �'VARRANTiES ANQ WEPRESENTATI�NS,ANp TRUSTOR'S 06LiQATiONS PURSUANT TO THE FOREQOINQ INDEMNITY,SHAI.I. �`��,�;���,,.__^;
<br /> . St�a�1C�\'�RECQNVEYAIVCE OF THIS DEED OF TRUST. " ,ti^ «;
<br /> ,,��;` j�, . � t�. Aeafpnmao4 ot R�nt�.Truato��hareby assigns to I.ender ths rents,issues and profits o}tha Property;provldc�d I�at'frustor ,;,, V����.�,� ,
<br /> ,..'•+I��L; j; s:hall,u�til iho ocCi+'�enCO o1 an E�flnt o10oi�ult h�reunder,have lh�right to aolioCt and retaln such ronie,lasuea And profits As they �, �_ � "�;�te'�3 `:
<br /> .,��}+4�"�''��'f`'`�� ' .'" hOCame due flnd ptayabla.Upon I�e occu�rE�nce ot an Evont o1 Oalault,4ander may,eliher In person ar by aflant,wlth ar wUhout ,� � �� �Z�y«,
<br /> �` ��,�'���•�� bringing nny notion or pracaeding,or by a recvivor appolntod b a court and�vithout re ard to the Adec�uacy of Its security,enter ��' ` � r,���',r���:.
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<br /> .� .... ,.,,, . .,�;,' upan and take posseaelan a}tha Property,ar any part thereaf,In ita own name or in tha nama ot the Trustee,and do any ac4s whloh It ' '�:" i,t'i`'`
<br /> " deems�eoe�eary ar daslr�ible to preserve the value,markotabillty or rantabllity ot tha Property,or any part the�o.�f or Intarest thoreln, ��' , : ,�,�,,a��;
<br /> "� Inarease the Inaame thereirom a�proteal the seourlty horeal and,with or without taking posaeaeian at the Froperty,aue tor or �
<br /> • ��:��i;;��'�� OthefWlSO aQIIQOt ih8 rent8,lesuea and pro111a thereot,Including thaae past due and unpald,and•.pply the eame,leas costs and � �'' __
<br /> expenaes oi oparatian und collection Inaluding sttorneys'teea,upon any indabtedness aecurod hereby,all In such order as Lender
<br /> may determine.The entaring upon and takina posaeselon oi the Property,the collecllon ol such rants,Issues and prollte and the : --
<br /> • r�eaplonse totsuch det ult or purauant tlo such notica ot default�ndf no'twithstanding he cont nuance�n pose slsaon ot the P perty or �• -
<br /> • � the oollAOtlon,recalpt and applloatlon o1 renta,lesuea or protlte,and Trustee and Lender shall be entitled to exerolse evary riflht ;
<br /> provided lor In any of Iho Loan Inatruments or by law upon ocourrence of any Evant of 0etault,Includinp wlthout IImltAtion tho right . _
<br /> � to oxorolea the power GI sale.Further,Lender's rights and romedipe undE+r this para4raph shall be cumulative wlth,and In no way a ,. • -i
<br /> �-• Ilmltation on,Lender'a rlghte and remedles under Any assiflnment ot leasoa and ronts raco�ded agalnst the Property Lendor,Trustee •,.
<br /> ._,,
<br />. ____,____ , �����w��coi�Ar ehnU he Ileble to accoun!pnly tpr these ranta nctually raCewod. ,
<br /> 11. 8vent�01 Detautt.Tho Ipllowing ehnll conatituto an EvoM o1 Dotauit under this�iood oi Trusi: � , - -- �' :
<br /> �' (a) Fflllure to pAy any In�tallment of principal or Intorusl ol any other aum seoured horeby whon duo;
<br /> �� (b) A breach oi or delauN under nny provislon contalnad In tho Nato,thle paed o1 Trust,any ol the Loan Inatrumente,or any ,. ;,
<br /> ___ __.__._ m�o,uap�+r wnr.nmprnnco uoo�the Prop�rtV; ' -
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<br /> — -- (C) l�Wfli Of OXQCUIIOR 0�S1l9�hf119l11 Of M 81RI��Sf rocos9 shall be enterep against i rustor wnicn snau uauvu�o a��o � t _
<br /> the Proparty or any portlon thereot or Intt+rest therein; �•• J�
<br /> (d) There shall bo liled by or against Trustor or Borrowor An action under any present or future tederal,atote or othar
<br /> al�tute,law or rogulatlon rolating to bankruptcy,inaolvancy or other rellel for debtora;or there shall be Appolntad any tru9tee, � . .
<br /> recolver or Ilquldntar ot Tru9tor or Borrower or al all or any part ot iho Proporty,ar►he rents,isaues or pro111s thor�ol,or Trustor I
<br /> or 6orrower shall make any general asslgnmer.t lor the benalit o1 creditors; y part ot or any Intereat In the �
<br /> (a) Tho sale,tran9fer,lea9e,assignnsont,convoyance or further ancumbranca a1 all or an f
<br /> prope►ty, elthAr v�I��ntarily or Involuntarfly, withoul tho expre8s written consant of Londer; provided that Tru9tor shall be
<br />. ' permitted to exeCUte a leaae o11ho Proparty that dae9 not contain an opUon to purChasa and ihe term o1 which doos not Axceed i
<br /> , one year, �
<br /> (� Abandonment of ihe Proparty; or !
<br /> . (g) If Truator is not an Indlvldual,the Issuance,sale,transler,assignment,convayance or encumbrance a1 more than a total �
<br /> . . i
<br /> p1 perceM ot(H a corporation)its issued and outstanding atock or(i1 a partnership)a toLal ot percent ot � ;
<br /> partnership Intereats during tho period Ihis Deed ot Trust remalne a lian on the Proparty. ,
<br /> 12. Remedlea;Acceleratlon Upon Detault.In ihe event at any Evont o}Dataull Lender may,without notica except as required by �
<br /> law,declare all Indobtedness eeoured hereby ta be due And payable and the same ahall ihereupon bocome due and payable �
<br /> without any presontmenL demand,protest or notice a1 nny kind.Thereafter Lender may: �
<br /> (a) Demand that Truatee exerclae the POWHR OF SALE granted hareln, and Trustee shall thereatter causa Truator's 4
<br /> ' Intorest In the Property to be sold and the proceeds to bo distnbuled,all In the manner provided In the Nebraska Trust Deeds r
<br /> ' Act; �
<br /> (b) Exerclae any and ali nghts provided tor in any ot Ihe Loan Instruments ar by law upon occurrence o1 any Event ot ,
<br /> Default;and
<br /> (C) Gommence an action lo lurnclose ihis�eed ot Truht as a mortga�a,appoiM A receivar,or speodloally enloroe any of the
<br />- covenants hereot.
<br /> No remedy harein con}orred upon or reserved to Trustoe ot Londor is intendod to be exclusive o1 any other remedy hereln,in tha
<br /> Loan Inatrumonts or by law provided ar permiped,but each shall bo cumulatwe,shall be�n additlan to avery other remedy given
<br />-- hereunder,In ih0 LOan Instrumente or now or hereafter oxisting at law or in equity or by statute,and may be exerclsed aonourrently,
<br /> • Intlopendontly or�uccassrvoly.
<br /> - � 13. Yrustee.Tho Truslee may ros�gn at any timo witnout causu.and i.a��dai may ai any t�r�ia and vrithout cauae appomt a .
<br /> 9ucce5sor or 9ubstitulp Trustee.Trustee shall not bo liable lo any party,including without limitation Lander,Borrowar,Trustor or any
<br /> . purchaser ol ihe Property,lor any loss or damagB unloss duo lo rockless or willlul misconduct,and aha�l nol he requirod to take any
<br /> aCtlon In connect�on with the enlorcoment ol ihia peed o1 Truet unless indomn�fiod, �n writing, I�r all Co9ts, compen9ation or
<br /> �� expensea which may be associatod therewith.In addition,Trustoo may becomo a purchaser at any sale o1 the Property Qudlcial or
<br /> under ih0 power ot sate granted here�n); poatpone iha sale ot All or any portion ol the Property,as providod by law;or soll ihe
<br /> - Properly as a whole,or In Aeperate parcels or lots at Trustoe's discretion.
<br /> 1 A. Feee and tMpeneafl.In!ho ovent Trustee sells ihe Proporfy b�BxerCi90 ot power ot sale,Trustee shall be entitled to apply
<br /> . any salo procoeds lirst to payment a1 all costs and oxpensas ol exorcisinti p�wer ol salo,mcluding all Trustee's leea,and Lender's
<br /> � And Trusteo'e Attorn�y's}oos,flctually incurred to oxtonl pOrmitted by applicablo law.In thu evont Borrowar or Trustor exorcises any
<br /> � rlght provided by IAw to cure An Event ol Default,Lander shall be entitlad to recovor Irom Trustor all cosis and oxpensea aCtually
<br /> � inCUrred as a result of Trustor's default, including without limitation all Trustee's and attorney's 1eea, to the c�xtont permittod by
<br /> �� applicable law.
<br /> � 15. Future Advenc88. Upon roquoet o1 Borrower, Lender may,at its optlon, make additlonal and iuture advonces and re-
<br /> �_ � advanC09 to Borrower.Such advances and readvanCes,with intorost ihereon,shall be secured by th�s Deetl ot Trust.At no time sha11
<br /> �� the pnnClpal amoum a1 iho mdebtednass saoured by ihis Dood ot Trust.r�u���r�ums advanced to protect lhe secunry ollhis
<br /> { Deed ot Truet,exceed the arlpinal principal amount atated horoin.or$ ' whichever is flreAter.
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