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<br /> — -_-.� . _-._.__.v._.�
<br /> 93- i+oss99
<br /> Ih�Prop�rty u a Wan a dwmsp�d.l.md�shNl har�tM opNon,In ib�ol��nd�aiuM dlaonMon.b appty atl woh ProoNd�,
<br /> �f1sr d�duaqnp q�rMrom�N cosa�nd wp�ne�s Incurc�d by it In aonn�otion wlth woh ProcNd�.upon�ny IndN�dn�N Mawrd
<br /> h�r�b�r ond In wah ord�r�t L�ndK mry d�M►min�.or to�pply�II wah ProcMd�,dar such d�dumions,W th�nstoraHon o�1iN
<br /> - PropKy upon suah oondlHon�a�L�nd�►may d�q►min�.My�PPliwdon of PtocNdo to Ind�badnw shdl not�xt�nd t�►po�tpo��
<br /> -- 11�dw d�y of�ny p�ym�ny uad�r th�NoM.a oun sny d�Nult tl��und�r o►h�r�unde.My un�ppll�d lund�thNl b�p�ld b
<br /> ----- TniMa. .�
<br /> •, l�Io�ano�by L�nO�r.Upon Ih�000urr�ne�of�n Ev�nt of Wl�ulth�rwnd�r.or If any�ot i�p�km a Ipd proaMdinp
<br /> =`� comm�no�d whbh m�tKially dhab L�nd��9 fnbrpl in thr Prop�rty,Lrnd�r msy In Ib own di�cnflon,but wiqtout obllpatlon to do
<br /> � a.�nd without notic�to a d�m�nd upon Trustor snd without rNaulnp Tru�lor irom any obllg�Uon,do�rry sat whloh Tru�tor has
<br /> — -- = p�Nd but f�Ot to do�nd m�y�Iw do�ny ofh�r aat it dam�nsasu�ry to proteot th�s�aurily h�nof.Trwtor�II,Imm�dlat�ly
<br /> ,�,�wrs�,c�•,���,�Y+�� upon d�mmd th�rMa by L�nd�r,pay to Nnd�r oM coat��nd�xpsnru Inaurred and sum��xp�nd�d by L�nd�r in aoen�atlon wNh
<br /> ���-�r.._._�.,.,,. ths sx�rcia by Lend�r of th�(orpolnp riphb,topsthe wllh Inbn�t thsr�on at th�d�faup r�fs p�ovldsd In ths Nots,whlah sh�ll b�
<br /> — ��;�=��r.�:,.-��" �dd�d tp q�Ind�bt�dna�weur�d h�r�by. L�ndor 4hatl not fncur any Ilabllity becauae ot anythirtp It mdy do w omR!o do �-
<br /> _. �i:-�� . L h�r�und�r. ---
<br /> � p, Huardou�IAa1wIsN.T►utlor sh�ll k�sp ths Propnty In compllance with dl applicsble Iswi,ordin�nce�and rpulatlon�
<br /> "`"�' rNadnp to Induetrlel h fen�or�nvi►onmsnhl prot�otien(colleatively reterrsd to Mreln a"Environment�l Laws'�.Tru�tor ah�ll
<br /> ��6',`,;.':.:':.a;,�• y0
<br />--- Y �D�}�y��c�`y-},�{�,•;y k�p th4 Property h�s irom�II suWqmcae desmM to be has�rdoue or toxic unde►any EnvNonmsnfal Lsws(colleadvely alened b
<br /> � """'•' '� hs�Nn as"Huerdous Mstsrl�ls'7.Truetor h�reby wanants and represents to Lendor that thero are no Hu�rdous Mpteri�b on a
<br /> �• w�,� �� :, undar the Prop�rty,Truator he��by apross to Ind�mN(y and hold harmlesf Lende�,ib directors,oiticers,emptoyeaa�nd epenb,and
<br /> — f ti�,,':: -y:. .��... �ny�ucceuors to Lendrr'�Intere�4 hom�nd aqN�et pny and all clalme,damapin,loa�ae�nd Nabilidea arisMp In conneetlon with
<br /> �''��`;:',= . '"�' . ths p►essnce,use,disposal or tr�nsport oi any Ha:ardaue Mstedels on,unde►,from or about the Properly.THE FOREOOINO
<br /> ' �',
<br /> ' '�'; �''`> WARRANTIES ANO REPRE3ENTATION3.AND TRUBTOFi'S OBUCiATIONS PUR8WWT TO THE FOREOOINQ INDEti1Ni'fY,SHALL - -
<br /> '���'`f SURVNE RECONVEYANCE OF THIS DBHD OF TRUST.
<br /> -. k�„'.:+��f`�4,;.yR�l1?.l',�
<br /> � � r 1 0. A a i p�t m�M o f R�n b.T r w t o r h e r e b y a��l p n�t o L a n d�r t h a ana,taues and pralits o1 the Pro p e r ry;provld�d that Trottor
<br /> � rhall,undl the occurrencs of an Hvent of Detault hereunder,have!he ripht to colleot and retein such rents,isaues�nd pro0ts aa they
<br /> ' � �,;,,� .�,,. � ;,:;'�. beeoma due end pnyabls.Upon th�oacurranee of an Event of DeMult,lender mey,ather in peroon or by�pont,with or without .e.-
<br /> � • '� '•''J`'' brinpina eny acdon or procesdinp,or by a r�celver appolnted by�court and without regerd to the edequacy o1 its Ncurily,entW
<br /> �FL7's,"�'f,} —^-}�..:,��i��,j� upon and teke pos�ession of the Property,or any peM thereof,in ite ow�name�r i�the narne of Ihe T�uetee,and do any acte whlah it =�-
<br />� • °��. ,��,'.�� deeme nscessary or dailrabls to preserve the value,marketabiliy or rentabiliry of the PropeAy,orany pert thereol or Interwt therNn,
<br /> � ,.;; �� ,• ':��;;��
<br /> Increase the Income therehom a proteot the seaurlly horeof end,with or withaut taklep poseeasbn of th�Properly,w�for or �`-�•=
<br /> ,;;�:=� , ;�°��• otherwlse colleet the rents,issuee end prolite thereof,inoluding those past due end unpeld.and apply the same,lew coris and __,
<br /> 4 . expensea of oparatlon and colleodon Inoluding atlomeys'faes,upon any Indsbtedness�ecu�ed hereby,all in auoh ordsr es Lender =
<br /> � may determine,TM enterinp upon and taklnp posseesion of the PropeAy,the coNeation af such rents,issues end proilte and the __
<br />-'�.:,,'^� ,�,�. .,�. �ppllaadon thereot as aforaeald,�hell not cure or walve any dafault or notice o1 default hereunder or InvelideW eny�ot done In
<br /> ';�, ' :�.`— r�ponsalc sach�ela�slt or purouent to wr.h n�,�of delault and,notwilhstanding the condnuance in poasesslon of ths PropsAy or _
<br /> r,.�.• ,,• .. . .
<br /> the oollecUon,recelpt end epplloadon of rents,i�eues o�proflte,and Trustee and Lander ehaN be entltlsd to exercits every rlpht
<br /> � °:��',r,,�' ., , provlded lor In any of the Loan Inetruments or by law upon occwrence of any Event oi Oefaul�Includinp without Ilmitatlon the ripht --
<br /> • . W exeralee the power of sele.Further.Lender's rlahte end remediea under thla perayraph ahell ba cumulative with,end In no way e �`:��
<br /> ' Ilmitallon on,Lender's riphta and remedfea under eny asaipnment of leases end rents recorded apeinN the Pro{rerty.Lender,Trustee
<br /> ,�; ' and the recelver ahall be Iiable to account only lor Mose reMe ectually recelved, —
<br /> , ' ;;:,� 11. EwM�of DMauif.The followinp ahaN constitute an Event of Detault under thie Deed af Trust
<br />` ' � �• . �:' • (a) Fafiure to pay any Installment ot principal or Interest ol any other eum eecured hereby when due;
<br /> ' �•:.:'• ._ (b) A breaoh ol or defauft under any provision contained In the Note,tMs Deed of Truat any of the Loan Imhwnanta,or any -"
<br /> - � • other Yen or enaumbrance upon the Properry; _
<br /> �t ,. •• � • (c) A writ oi exeaution or ettechment or eny almilar prxesa ahall be entered apalnet Trustor whlch�hell bocome a Ifen on �
<br /> -`"-'� ' the Property or any portion thereof or Intereet therein; a�_
<br /> �'+�r.. , , �..="_
<br /> . ,„ (d) There ehell be ffled by or ayeinat Trustor or 9orrower an ection under any present or future tederal,atete or other �
<br /> '1��?� � �'- stetute,taw or regulation reledng to bankruptay,insolvency or other rellet lor debtors;or there shall oe appointed any huetee, [
<br /> i�+,'�'�' y . . .' reaeiver or Iiquldetor of Trustor or Borrower or o1 all or any part ol the Property,or the rants,Isaues a proflb thersol,or Tro�tor �•—�I°
<br /> �,. ;;,;;?�,-,�. �1 ,; or Borrower ehall make eny penerel esaipnment lo�the benelit of creditors: �,--
<br /> ,,+,`_.y , _. . . (ej 7na seie,uanainr,ieaae,asaigmm�nf,cunvdyence�r further encumbrance of atl or any part of or any intereat In the ^
<br /> , � .:,;, Properly elther volunterily ar fnvoluntarily,without the expresa written consent of Lender; provided thet Trustor shall be
<br /> ' � "'.J.;,�;: permltted to execute a lease of the Property thet doea not contain an optlon to purchase and the tarm of which doss not axeosd �•.°.
<br /> „ " , , ""'��' one year, -
<br /> ,� (Q Abendonment of the Properly;or �---
<br /> � (p) If Tru�to�l4 not an indlvidual,the issuence,sa�e.Vansler,assiynment,conveyanca or encumbrence of more thsn e totnl ►��_-
<br /> � � ;N�-� of pe►cent of(if a corporatlo�)its Issued and outstending stock or(if a paAnerahip)e totel ot percent of _
<br /> partneBhip intereste durinp the perlod this Deed o1 Truat remalna a Ilen on the Property. ���=•
<br /> 12. R�m�dM�;Acc�ratton Upon Ddaull.In Ihe event ot any Event of Default Lender mey,without notice except as required by
<br /> law,declare all indebtedneas secured Aereby to be due and payable and the same sheN thereupon become due and payable .`-
<br /> ( ' �j�� ' without eny preaentment,demand,proteat or not�e ot any klnd. Thereafler Lender may: r ,
<br /> '� �f`1'��" •• (a� Oemand that Trustee exercise the POWER OF SALE pranted herein,and Trustee ahell thereatter cause Trustor'e �`
<br /> ��';� Interett in the Property to be 8old and the prxeeda lo be distributed,all In the manner provided in the Nebreaka Tru4t Deadi F
<br /> - . � •• " , Ac� � .
<br /> LL i • � . (b) ExerClee any and eN riyhts provlded for In eny of the Loen Inatruments ar by law upon occurrence of any Event of
<br /> ,, , �. Defaut�and
<br /> _ ,1iti.;;. , (c) Comrnence an action to forecbse thls Deed o}Trust es a mortpaqe,appalnt a recefver,or speciflaelly enforCe any ot the .
<br /> " covenente hereof. �'
<br /> ;, � ;�r;.�:. � No remedy hereln conterred upon or reserved to Truatee or Lender Is Intended to be exclusfve ot any other remedy herein,in the �
<br /> �,��" ,. ,�. • Loen Inetruments or by law provWed or permitted,but each shall be cumuletfve,ahall be In addition to every other remedy�Iven � �
<br /> ; ; f hereunder,irn the loan Inatrumente or now or hereaHer exlstlnq at law o►in equlty or by statute,and mey be exerclaed Concurrentiy, �
<br /> i?t�� , ++ .+�„ ... Independemly or aucceeslvely.
<br /> � :t;.���., ' • 13. TrudN. The Truatee mey reslqn at any time wllhout cause,and Le�der may et eny time and wlthout cause appoin4 a ,,
<br /> • �� ''� . eucceeaor or eubatltute Truatee.Trustee ahall not be Ilable to any party,Including wlthout Nmltetlon Lender.Borrower,Truetor or any ;�.�•
<br />;- ��_-���,�:;_.��_�'______ uu►chaser ot the Properqr.for any loss or damefle unleas due to reckleas or wllllul mieconduot,and ahall not be redulred to take any �,,
<br /> —�= ' -
<br /> •�.
<br /> r � ` acdon 1�connectlon w8h the enlorcemeM of thls Deed of Trust unless Indemnlfied, in wnun�,lor an costs,compensanon or
<br /> ��•^ 11 � expenses whloh rney be aesoClated therewNh.In addltlon,Truatee may become a purchaser at any asle of the Properly Qudicial or r.
<br /> " ��' ,�� � ' • ':;.;:�:,,, ,�� under the power of sale yranted herein);poatpone the eale of all or any portlon of the Property.as provfded by law;or sell the t
<br /> „� , „ •• , Propeny as a whde,or In aeparate parcels or lots at Trustee'a dlscretion.
<br /> _ • • •. 14. Fws and Facp�n�a.In the event 7rustee sells the Prope►ty by exerclse ot power ol sele,Trustee ahall be entitled to applq i
<br />• ' " ony sele prxeede II►st to payment of ell cosls and e�penaes ot exercisfng power of aale,Including all Truatee's feea,and Lender's �
<br /> � end Trustee'a attorney'e feee,actually incurred to extent permlfted by applfcebte law.In the event Borrower or Trustor exerCises any �
<br />: �1- � rlQht provldad by taw lo cure an Event of petault,Lender shall be entftled to recover trom Trustor all coatg and expensea actually ,
<br />� ;.�.' , Inaurred ea e rawlt of Truttor's detault,includlnp wllhout Ilmlfetfon all Truetea's end attorney's fees,to the extenf pe►mitted by ,
<br />; ' �pPllcable law. j
<br /> �•�� t8. Futur�AdvaneN.Upon requeat ol Borrower, Lender may,at Its optlon, make edditbnel end lutu►e advences and re• �
<br />•t. .. �dvances lo Borrower.Such advancea end readvencea,wlth Intereat thereon,shall be secured by thle Oeed ol Trust A1 no ttme ahall
<br />`�� . .� �, : the princl{wl emount of the Indebtedneas secured by thfa Deed of Trust,not includlnp sumo edvanced to protec�th�MOU'rlly of thli 4
<br /> " .. • De�d ot Trusf,exceed fhe oHpinel princlpel em0unt et9ted herefn,a S whlahever Is greattlr. �
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