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<br /> �_�' - qN P�op�rty b so f�kin a d�m�p�d,l.ond�r sludl h�v�th�opdon,In Its wl��nd�bwlub dl�artlton,to�fy�I!woh Proe�d�,
<br /> — _ �II�d�duodnp th�r��om�II noib�nd�xp�n�Inourr�d by It In aonn�atlon wlth woh ProaNd�,upon�ny nd�bt�dnws Mound
<br /> � - he�by�nd In suoh ord�r��l.�nd�r nuiy dN�rmina.a to appiy�11 woh ProaMd�,dt�►suoh�duuNon�.4o fh�naroratlon d!h� _
<br /> — Prop�rb upon woh oonditfon�u I.�nd��m�y tNtormin�.Any wpplloaUon ol ProaNd�to IndWtidn�sh�fl not�xbnd a po�tpo�w
<br /> - - th�dw dat�ot�ny pa�m�nts und�r th�Not�.or cur��ny al�fault th�nunda or h�rw��Mr.Anr unopptlad tunda�It ba pald b °-
<br />..:�.�, -�°_ T�ustor. _�
<br /> -----_--_ - -- 8. PMMonR�by 6�nd�r.Upon Ih�cacurrsnc�of m Ewnt of Del�ult ha►wnd�r,or If any aat I�ak�n a I�p�l prooNdiny _
<br /> � aomm�no�d whlah m�Nri�lly aifeott Und�r's intsrs�t In th�Prop�Ay,L�nd�r m�y In Ib own dlrontlon,but without obNp�tbn to do
<br /> - --=� - _ '� ao,rtnd wlthout noUce to�r demend upon Truator end without releeeing Trwror from any oblip�Uon,do any�ct whloh Tru�br has _
<br /> �prMd but Ulls to do and m�y dw do any othu aot It d�sm�mc��eary ro probct fh�NaurUy h�nof.Trwtor sfudl,ImmWlatNy
<br /> ---���� upo�domand thor�for by L�nder,pay to Lsnd�r all co�b�nd expen�Inourred�nd sum�expendad by L�nd�r In cpnn�atlon wlth
<br /> ---;.;,;;, the sx�tal�s by I.mder of M�brepolnp rlphh,topether with Irsterest tlwreon at th�dsl�ult r�te provld�d In ths Not�,whbh�hdl b�
<br /> _ �ddsd to th�Ind�bt�dnea Maur�d h�nby. L�nd�r�II not inour�ny Q�bllity b�o�ua ot mylhlnp It may do a omlt b do
<br /> �,;�' h�►�undar.
<br /> --�� 9. Mwrdou�M�MNaU.TNStor ehall keep the Propuny In aompllence with all appllceble lew�,ordin�nces and rapulatlon�
<br /> ..--__--=?-=��' �elatinp to Indu�t�al hypiene or envkonmentel proteation(collectively raferred to hareln et"Envlronmenal I.�ws'�.Truotor ehall
<br /> �Ty�;: keap!he Property hee from all aubsWncea deemed to be hazardoue or toxic under eny Envlronmental Law�(coll�cdvely refsrr�d to
<br /> �_- --'��r� • herain ee"Hezardous MaUrlala'�.Trustor horeby warranta and repre�enb to Lender that there era no Hazerdow M�bri�l�on or
<br /> --'�'��.; ' under the Prope►ry.Tru�tor hereby aprees to Indemniy end hold hermleas Lender.Ib directors,ofliaero,employees and a�enq,and
<br /> �" - any auccesaors to Lender'�interest,t•om end apalnst any and all clolma,dameye�,loaoes and Ilebilltie�eriolny in canneatlon wlth
<br /> ��='�"� �! the presence, uee,diepoeal or henepo►t a1 any Hezardous Materlale on, under,lrom or ebout the Property.THE FOREOOINO
<br /> ='��a�� WARRANTIE8 AND REPRESENTATION8,AND TRU8TOR'S 08UC3ATION8 PURSUANT TO THE FOFiE001N(i INDEMNITY,SHALL
<br /> � "`� BURVNE RECONVEYANCE OF THIS OEED OF TRUST.
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<br /> ���_ �-��'_ ..� 10. Asdpnm�nt d R�nq.Trustor hereby aalans to Lender the rents,f�ouea and prolits ot the Property;provlded that Truetor `
<br /> .`f-"'�t,... ehall,u�dl the occurrence of an Evenl of Oelault hereunder,have the rlpht to cdlect and reteln auch rents,ie�ues and proIIb as they
<br /> "�-;�;�;,;T; •, become due and payeble.Upon the oaourrence of en Event of Delault,Lender mey,either in peraon or by agent,with or wilhout
<br /> ��,y��-��;� ���. brinpinp any actlon or proceedinp,or by a reaeiver appolnted by a couA end wfthout reperd to the adequecy o1 its aocurlry,entar �
<br /> - —�_;;,;;�.:::; upon end teke posseaslon of the Property,or any part thereof,in Ita own neme or in the neme of the Trustee,end du any acts whioh It
<br /> �.�'��� deems neceeeary or deairable to preserve the value,m�rketability or rentaMliry ot the Properry.ar any peR thereot or interost therein, _
<br /> ����� � • Increase the Income therelrom or protect the secur(ry horeof end,wlth or wlthout tekiny poaseaelon of the Properly,aue for or
<br /> �'�� • otherwtee collect tha renta,Iasues and protlts thereo(,includinp those past due and unpald,end apply the seme,leae coots and
<br /> a��;� � expensee oi opereGon and aollectfon Includln�attorneys'fees,upon any Indebtedneea sacured hereby,ell in auch order as Lender =
<br /> .=„�;r,?- � �.`' may determine.The enterinQ upon end teklnp poaseaslon of the Property,the cdlectlon ol such rente,issuea end profita and the �
<br />— •��'. ;:.; eppllcetion thereof es aforeeald,ahall not cure or welve any defeult or notice o1 delault hereunder or invalldete any act done in
<br /> ��"'" re�ponse to euch default or pureuent to such notice o}defeult and,norivHhetandiny the continuance In posaeaslon ol the Property or
<br /> �sr::.; .,•,�
<br /> --;� � - the collection,recelpt end applicadon of renta,isaues or protite,and Truetee end Lender ahall be entitled to exerci�e every ripht
<br /> ��s�. tr��.• py�rovlded for■yi,n any of th/e Loar.Inatrumente o►by lew upon occurrence of any Event of Default,includinp without Hmltetlon the ripht
<br /> ��'�h,-�.,,'
<br /> �'��Y^.�t.I:Nt'�-��-^. W ex�CI�B\Il0 pOWH�UI�I�,Further,l.endar's rlflhts and rartsadfa�un�er this parapreph�hell be cumulative with,en�t in no wey a .
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<br /> ��� ti,,�;�:�:,��, Ilmitetlon on,Lender's rights and rembdiea under any eseipnment of leases end renta recorded�pein�t tha Property.l.onder,T�uotee
<br /> r,;� - ��r.� and the receiver ahall be Ileble to account only for those renta actually recelved.
<br /> -"�-"�: ' h�. �� �a >� 6 ` 11. Ev�nts ol DdwR.The lollowing ehall conslNute an EveM of Default under this Deed ot Trus�
<br /> F" ,� , , • (a) Fallure to pey eny instellment of principal or Intereat of any other sum aecured hereby when due;
<br /> �'�• , . • :• (b) A b r e a c h o f or d efe ult under an y provl9ion contalned in the Note,thla Deed ot Trust,any oi the Loan Instrumenta,or any
<br /> � •'� "�''' uther Ifen or encumbrance upon the PropeAy; -
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<br /> -�'' r��.;� �.•��:.:•;- (c) A writ of executlon or etlechment or any slmllar procesa ahall be entered apeU�t Truetor which shWl become a flen on
<br /> '�''t�� " ' . the Property or eny porHon Mereof or intereat thereln;
<br /> '•,-'; �:FSi.:' .:�.•.: �
<br /> _. ,,, : . . , (d) There ahall be tiled by or agelnet Trustor or Borrower en actfon under any preaent or luture federal,etete or other v
<br /> r�- �r„--4. . sfatute,lew or re�uleHon relatinp to benkruptcy,insolvency or other relfef tor debtors;or thare ehall be appofnted any truatee,
<br /> : ;h,i�'=. " � receiver or Ilquidetnr ot Tcuator or Borrower or of all or any pa r t o l t he Properry,o r t h e r e n t e,l e s u e s o r p ro f l U t h e r b o f,o r T r u�t o r ___
<br /> ' `� or 8orrower ehall make any general assignment lor the benelit of creditora;
<br /> �• '�`�1 ��;4:..,. ` ,. (e) The eale,tranafer,lease,esalpnment,conveyance or lurther encumbrance of ell or any part of or any Intereat in the
<br />- ,•, '�" �' ' , Rroperty, elther volunterily or Involuntarlly, wfthout the express wdtten consent of Lender; provided thet Truetor shell be �_-�
<br /> ? s a�-:.z ; .• • permitted to execute a leaoe ot the Property that do�a not aont�in a�•opUon to purcheae and th�tarm ot which does not exceod ��""'
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<br />"_�� '�.,�'�..; :. 4 k± . one y�ar,
<br /> , � ;�:. •;,.�}�� (� Abandonment of the Property;or E�=:,
<br />�:�;.;�� o (p) It Truetor b not an Indlvidual,the I�auence,eale,trenafer,asslqnment,conveyence or encumbrance oi moro than a totel
<br /> ��:`_
<br />-�;:� �4S' °• of percent of�if e oorporallon)Ita issued and oulstanding stock or pf a pertnership)e total of perceM of � '
<br /> ' �� '-' partnerahfp Interesta durfnp the period this Oeed ol Trust rema lns a I len on t he Prope r t y.
<br /> "�f►wr ��',^�t���`.,�:,,�; . .��� 12. R�m�dIN;AccNaatlon Upon Dd�ulf.ln the event of any Event ol Default Lender may,wlthout notice except as requfred by
<br /> -- - . � lew,declere ell Indebtednees eecure0 her�by to be EUe.and p�yeble end the seme shall thereupon becoma due end payeblo ���"-
<br /> ��� � '• � without eny presentment,demend,proteat or notice of any kind. ThereaNer Lender may:
<br /> �•°� � � �" �.'::. (a) Demand thet Tru�tea exercfee the POWER OF SALE yranted hereln, and Trustee shall thereafter cause Truator'a —
<br />;��"�` • '���:•. Interest In the Proporty to be soW end the prxeeds to be distrfbuted,all In the manner provided fn the Nebreska Truat Doeds
<br /> ' .. � ,. Acx -"-
<br /> (b) Exercise eny and all rlyhta provfded for in any of the Loan Instruments or by lew upon occurrence of any Event of
<br /> • Oefeulx end � ' �'
<br /> �� ° (C) Commence an aCQon to loreClose thfs Oeed of 7ruat as e Mortyage,appofnt a recelver,or SpeclHCally eMOrce any ot the �- -,
<br /> •. covenants hereol. �
<br /> ' �� No remedy hereln conferred upon or reserved to Trustee or Lender Is�ntended to be exclusive of any other remedyhereln,In the ��••
<br /> ' . Loan Inatrumenta or by law provfded or permltted,but each shalt be cumulative.�hall be In addltlon to every other remedy glven �
<br /> •• � hereunder,fn the Loan Inatruments or now or hereaker exlstinfl at taw or in equfty or by statute,and may be exercised concurrenlly, t .
<br /> . • Independently or succeasively. r!
<br /> . 13. TrutlN.The 7ruetee may resign at any tlme wfthout cc+uae, and Lender may at eny ume a�d without cause appolnt a k
<br /> .. auccesaor or subatitute Trustee.Trustee ehell not be Ifable to any parry,Including wfthout Ilmftatlon lender,Borrower,Trustor or any f
<br /> purcheser o}the Properly,for any loss or damage unlesa due to reckleas or wllliul mfsconduct,end shall not be requlred to take any �
<br /> actfon fn Connectlon wlth the entorCement of thla Deed of Trust unleas indemnlffed.in wr�tfng,lor all costs, compensatlon or !
<br /> . ' expenaea whfch may be assoclated therewfth.In add�tlon.Truat9e rney become a purchasar at any sale of the Property�udfcfal or ;
<br /> __ _ •�----.- ----�-- ....ae.���..,....e...��d�nr�nlorl hoff�fnY nAfliB(1Ri�ihP RAIR el all or anv oortlon of the Prooefi/.88 Drovfded bY 18w:Or eell ihe �:._..
<br /> . .. r------ ..,r�"�. _. �._ �._...__ �-- '
<br /> c Property as a whole,or In separote parcels or lots at Trustee's dfacretfon. �
<br /> „ 14. F�and�xp�n�e�.In the event Truale�sells the Propa�ty by erercise 01 power of sele,Trustee ahall be enlitled to epply
<br /> �' an;�sale proceeds lfret to peyment ol all costs and axpenses of exerclainp power ol sale,including all Trustee'e feea.and Lender's
<br /> ' � " ' ' end Truatee'a attorney'a leea,ectueNy incurretl to extent perm�tted by applicable law.In Ihe evenl Bo�ruwei o�Trustor exerclses any
<br /> „ ripht provldQd by law to cure en Event ot Defeult,Lender shall be ent�tled to recover from T.uetor all costs end expenses actually
<br /> , Incurred as a reault of Truetor's delault,Includlnq without Ifmltatlon all Trueteea and anorney's leea.to the extent permltted by ,
<br /> pppllcable law.
<br /> , 15. Fulu��Advanc�s. Upon request ol Borrower.Lender mey,at us option,make additlonal and lulure advances and re-
<br /> edvancee to Borrower.Such advances and readvancea.wfth�ntereat thereon,ahall be secured by thls qeed of Truat.At no tlme ahall
<br /> „ , the princlpal amount of the Indebtednesa secured by this Deed of 7ruet.�u�i�sums advanced to protect the secunry ol thfs
<br /> .
<br /> Oovd ol Yrutf,exCaad the orfpinel p�mclpal amount stated herem,or$ ' _._._, wh�chever is grealer.
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