, , . .
<br /> _ ,� . ... _ -- . . � � . . ___---_
<br /> �r.,= , '`. - . • . � -. r =
<br /> `�1�C . . `'u . �K.= _ .R�t`. �•T` L ' • � "'_ '_.___ ,. ..C� {� �____-
<br /> ����- . �. �' ' ` . • � � ` � � �
<br /> �_ �:;; ���._.� . . , � � . � , � ���=1Q�S3�� � `
<br /> _- � . r�
<br /> �Proput�f fE�a�ikaet a d�nap�l.L�nd!r�ffaU Mwl th�option.tn ib a�ots and�iwfuM�MtorL.b appy�B wch PcooMd�
<br /> - vMr d�uelirg�ron��►61�and rxp�n�Incurr�d�Y it tn cans�lon wRh a�h Proc:ab�.upart�f►ind�0l�On�N s�ctwd
<br /> � Mr�t sna ir►s�►�da�ai�LutdK may de�irmin�.or io app'�i all wcA Pro��eds.�ftst such dedudlon�,to tAe rMO�uMio�t ot Yt�
<br /> - PraputYupOC►�3►conditit�sq LendK rttsy d�Wminer.My appttcatton ot Procs�dsta indebtrdt�f�tWl not�xrnd oepo�oe�
<br /> - t!�dut ds�W t�r�y payrnrr:�und�►tlie NoUe.or cucs any detault tttareundar or h�sunder My unap�lld tunds�hW M p�(d b s
<br /> _ � _ .
<br /> - a lwfp�rawx�!y Lrtl�i�r.Upon the accurrence oi an Event ot Detaultl�emun�fer,or ii arry act is taken or lep�1�rccMdirq �
<br /> cOmmenudv��r•,t�mal�ti(ty si�ecfslereQa��intirest Inthe Properh.lMderrtfay inifs owrtdiscr�fio0.bulwllhovtoCiiystiOrtloAO
<br /> so.sn�wtfiau�t�to or.i�lm�nd upan Tcustor and withcut reteasFnQ Tiustorfrort�any abli�atiex�ao anY act whlch Truatar h�s _ --._�__.__.i
<br /> - - a�rs0�Du4ta�ay d�at�d niiSy aiso do ai�y othpr aet it�eems ascess�cyt Lo protect the se6iuit�l Aereob Trustor ah�IR Imm�diately _ _-
<br /> = uQa►demandl�era�rD�/�riEer.QaytoLanderallcostsandexpensasincurred�ndsumsexpendedbylertderinconnecf�onwith ; —
<br /> = ths�xetcfse6vylee�3ero31�e foreQotny dyhts,topether with iaterestthereon alths Qetau[trate Prorided totheNote,wAich sh�ll bs
<br /> - a�t�t3�e a;�epleS�r�ssacur+ed►ieropy.LAndar sha(t not Incur any liability hecause of an7Ming it may do or omit to Qo, --
<br /> - � t�eraunder. '`: . -
<br /> 9 l�ous MM�ri�TR Trvstor ahalt iceep the Pro�erry tn comPtlance witA aU eppitcable Iaws.orc�ncea and.reputatiot�
<br /> retating�ind'.a�dr+a!�YSit�j►e ot environmental protecUan(collective(y referred to herein as"Environmental Laws�.Tnistor ahall
<br /> _ _ [ce�ptlrsprppG+tyireetr�lfallaubstancesdeemedtobehazardnuaorwxicunderanyErnlronme�llaws(witectivetYretorredm
<br /> herefn as"itas�rdaus Ma'(eriats").Trustor hereby warranta and rePresents to Lender that there are no Hasardoua Mater(ats on or
<br />. _ = anderMsProperty.TnsL�t�fierebyasreestatndemn"►ryartdhafdharmleasLender.itadirectors,officers.emptoyeesandagenb,and
<br /> de
<br /> � '- a�f aucCessarsta L,�Set"�i interesf.t�om and a9sinst a�ry and atl ctaims.dama9es.losses,and diabit'�ties arising in connectian witlt -
<br /> the presessCe.us�disDO#�1 or traeisport af any►Harardoua Materials on.under,imm grabout the Property.THE FOREGOING - �-:_ _
<br /> W�RR/1(�iTt�,S/l!i'pREp$ESEMAT[ONS,ANDTRUS70A'SOBUtiAT10NSPURSUAPffTOTNEFOREG0IN(i1NDEMNITY.SHALL �::
<br /> - St1fNNE REC+D�IPEYIWGE OF TliIS OEED OF TRLIST. • . �, -
<br /> t� a Rjin1�.Trustor he�eby assigns to�ender tite rertts.�ssues and profits of the Pro�SertY provided tha!Tntstar ��
<br /> `4 - shatt,u��ertt�otanEveniotQefaulthereunder.havetheri httocol(ectartdretainsuct�rerA�,�ssuesandproffisasthey.� �._-'
<br /> . q � �`:__'�`�.
<br /> `i �` " became duBans paYab��Upon the oCCUnertee of an�veM of De1autt Lendsr�tray,eitfva:in Peisati�rb7/agent,wilh or withau�: ..
<br /> `: � b�trt93nQ art3r aCtoOn O�p�bceeding,or by a receiver appointed by a couR antt without�tio"�tt�e a��quacy cf its c�alrity,enter•' ' ��
<br /> - - npcss�r�ltaxepoasessiodroftheProperry.oranyparlthereof,initsownnameorinthe�*��efir�stee.anddoa��rstswhicNit : ��°; --
<br /> ��-'-..
<br /> � . ;� -� deemgnece�ryo�de�rabtewp�eservetheva►ue.marketabilityorrentae��ity►ofthePro�;c�a�ry� cr�t�e�eafcrinterestthereia. .
<br /> � -t�`-..:F-__..
<br /> -��;,��,�'�". increase ttuo t�ror,ome th�refrom or protect the securiry horeoi and witb or withaut taking pbs�aic'is�lhe Property.sue ior ar �'f. -. :r_::�.,;; ,.
<br /> _ .. , ptherw[se co-76es�th�e re�ib,issues and profits thereol,Irtctuding those past due aqd urtpaid.an¢:�+1��'�e sam�less costs artct _ � _
<br /> `� e�ensesalaptr.atts�nattdcoitectioninctudingattomeysiees,uponanyinQebtednesssecuc�'Is��'�tinsuchordarasLender,•: ;� ` _�-
<br /> � '� '�`�� � may detennat►a Ths eMBring upon end taking possession af the PropeRy,the caltectiar►afs�Ct?.n'as�.issues and profits and the'�:�• . ; • """`
<br /> ''� ��:��'f•: 'gppliCatian tt�eal asa�ore�Q sAall not cure ar waive any Qefauit or notice of defaultl:sr�::2�2���r fivali48te 8ny act done In . _ �
<br /> � resportset�s�e�dQtau3tarpurauanitosuchno6ceWdefaultartQnoi�ithstandingthecaM�fi7rr�iq�air�.cssessionaitheProperrycr,.:�, __ �
<br /> • . ri ht =a'��.
<br /> thg cplteGta�,,reteipl artd application ot rer.ts,issues or profits,and Trustee and lert�����,I�a;1Ni:a to exercisa every S • , •�L __.
<br />. _'' ,_i��; praridedta�Enanyoltlt'sLoan(nsttume�isacbylawuponoccunenceofanyEventotQ��i;�+c.�itdt�gifiihoutlimitationtherighr .
<br /> "s - to exesctssth9 p�w+er a�eale.FuRher,F.er�dECS righls and remedies unQer this paragrap,��=:�ii be cu�m.�:tative with,and in no way a '�°
<br /> ' ' '�'�"` Iimifatlon asa,Len�4er s r�gbts and remedies under any assigameM of teases and rents reo�nl►.d 8gainsi the Property:LerM;er.Trustee . �'�
<br /> , �' ard the r[�C=.�er shail I�liable to account anty for tt►ose rents actualry ceceived. � �• . , �� `
<br /> 11.Er�lstt o!DslliiiN.The foltowing shatl constitute an Event ot Defautt under this Oeed ot Trust ,•, -.�'� • , ���
<br /> ' (a�F8i`ure t0 pay any Instttitment aE�r.�aipal or ioterest of ang¢'.::.e►sum secured hereby w�r�s due: ��� . •.�. �,��
<br /> . ' (�)AbredchoifordeteuiturtQerac�I,�uCiisioncontainedinMel�t�z�.,thisOeedolTrus�anyoEtit�f.aoanlnstruments.or� - . � . . ;_.yr�.
<br /> t; -_�_ ;. ' . " ' oatter ti�n or er�sutnbrance upon the Prcp�ty; ' '' , ; . �'. ?�
<br /> -� (c)AwrH o1 execution or attachment or anysimilar process shall�be eniered againstTrustor v�17lr:n shall become a lien or. � �� _���
<br />. ��•� . ; Ute Rray�s►aty or atry poRian thereot or interest therein; ,
<br /> •�` (d'j Th9re sA�t)be filed by or against Trustar or Borrower an acUon under any present or(u4ure tederal,state or other '�.�
<br />, . � �.:�.'� _ ;;«� statuye,tAw er regidation relating to bartc-uptcy,inso(vency or other reiief for debtors;or there sh2'.!be appointed any trustee. • � . _
<br /> '=,�--.`� ' �.�;: rece:�Ba a�ir�q��QMor of Trustor or 6erra�ac�r or o1 ail or any part ot the Properry,or the rents,issu�-:.�profits thereof,or Trustor �,� , ,_ �
<br /> 'or Bairaiic�rr st�1�make any generaf o:;+tr�meM for the benefrt o1 creditors: , � '''�
<br /> :_t,: �.
<br /> - �'(e)Yt�9 SAte trenstar,teas9,ass'•r�`i'ent,conveyance or turther-encumbTartce o!all ar any paA oi w any tnterest ln the ...
<br /> . S
<br />� ��� �,PrQperty.eithes�lofuntaift�p Cr invo!urttarlly,without the express written consent of Lender. proviQed that Trustor shail be • . ,-� �
<br /> � perm:G�lp exe�iea tec,�'�3 flithe Craa'artythat does not coMain an opdon to purchase and thetertnot which does notexceed . .
<br />. ,� • �•�� ,+.�:•:, ��(t�j A,Garsiy�nment ot the Property:a� � .
<br /> .�:;;;- �.;!�1:: (g)yToc;'�r i9 notan individua{,�;�issuance,sate,Ganster,assignment,conveyanceor encumbrance of more than etOtal
<br /> � ,i���:f's.�;`' - ' �1p� ' .
<br /> ���';�.:, �.:;'� ` of �'---percent ct I�'a corporattony its issued and outstanding stock or(il a partnershlp)a total of percertt of . .
<br /> ����-`%�' .:�:`',�. parCtE�Ship interests��na'.he pedod this Oeed of Trust remain9 a lien an the R+�CC@rty. ,
<br /> „�,'� r.'r`;;r:,. �,,
<br /> t
<br /> ,:, r: ;�r,?; t2 Re�41el:wea�fa�alir�rs tJP�OMauIR tn the qs,rrent of any Event ot Defauit Lendc-�r�ay,without noGCeexcept as required by _
<br /> • �, ' "'r:"��y��i����: law,QeCtaiO 8SI indedtedness seCUred hereby to be due and payabte and the same shall there�cF�n beaomo Eue and payabte � , '
<br /> ''� ��,� ' �''`''-'�°• withou0 an� esenimenL demand,pratest cr noUce of any kind.Thereafter Lender may: .
<br /> •;;? _,. : r 5:;`., 1`�
<br /> ,,.,�-� • .• '.'� (.a)�martsf that Truatee exerctae ine POWER OF SALE grsnrr�3 herein,and Trustee:��.�� ?hereafte�cause Trustor's
<br /> . ir�tAro3]6n tha PropeRy to 6e sotd and the proceeds t.��e d�strib�rr•sJ�:a;l in the manner proviC��("the Nebraska Trust Oeeds
<br /> �'�:: q� '
<br /> . ;t�,F.;:.. . ('0�ExO�cisB 8ny and ail rights provided for in ar�:�:��i.c.=n���strumeMS or by law upan accurrence of any Event o1 t
<br /> �,:�+;, Defd:rtlt,anA � " ► '
<br /> `;r'-'•• III+��ConmenceanactiontotOrectosefhisDeedolTruStasam�a�i ge.appointareceiver.or:�citicaltyenforceanyotthe �
<br /> ';�1':- ` CdY�43!�3 h9►eot.
<br /> ' �' `' " No rena,�d''�rfnerein conterred upon o��eserved to Trustee cc_ender�s�r•.+�::ded to be exctusive ot a,;���:ther reinedy herein.in tlte � � •
<br /> �t.: .. .
<br /> {�'��.�-•• Leart frts�t,rrvnts or by law�rovlded or permitted,but�ach s;�all be cu.�uiabve,sna11 be�n ada:�c+7 r�every other remedy g�ven � ,
<br /> ,�;""'�' hereun6�e,iR►thg LoaRlc�vm+:rts or now or heraafter e=f;,ir3 at taw C�s+�equibj Crb•f��'�.3.ar.C�2!be exercisem concurrenily. .
<br /> •�ii,:�.,.., :, ; . .
<br /> . �f�S�'`•, .� indeper�En�'JQfSUC�S:+':U"ly• ,'
<br /> . i ,., .
<br /> ����;-. . _ :,�;;! 13.1'�it�da.The Trustee may resign a.t w�y time without cause,a,;a:`nder mo�Gt any nme arni vvithout cause appoint a•
<br /> • i�
<br /> t_,li� "' , ' ,'fj,;:,;::�,; S�:cCes3or or�ii:�":2ute Trustee.Trustee sha11�.rc�s 4;�b1e to any party,n��a�iS,ng without limitation Lc-Mr�,Borrower,Trustor ora:ny
<br /> ��s.: ,
<br /> ;;,,, � '��• pw'Ch�f o4ttt�prOperty,for any loss or C•3�ra�:+:�:�4ss Cue tu recktes3�r willtul m�sconduct,and sra�i no!be requlred to take arty .
<br /> 4r:,; , - ' �G',10�ii�cOnreCttan with the entorcement o1 th��!)e+:d af Trust unless indemnified,in writing,tor all costs,compensaUon cr ,
<br /> %. expenses whtch may be associateA therowith.in addi7a�,Trustee may become a purohaser at any sale of the Property Qudicial or i
<br /> �.''�€j uader A1O pOwer o1 sate granted herein?:postpone the sate of ail or any portion of the Properfy.es provided by law:or sell t�e �
<br />� . :�;,: Prapert�a3 a whote,or in separate parcel9 or lots at Trustee s d)SCreUOn. •
<br /> ..:t,.... -
<br /> ° :�,�: t��iees and Eap�n�es.M the event 7rustee selfs the Propeiry by exerclse ot power ot sate.Trustee shau be entnled to appi5e
<br /> , ; :;;; any sa:a proeeads flrst to payment ol a�l costs and expenses of exerc�sing power o1 sate.including all Trustee s fees,and Lender's , .
<br /> ," �•s ar�dTru3tee'settorrtey'S 1ee9.aCtualty incurreC�o extent permitted by appt�cable taw.ln the event 8orrower or Trustor exe�cises any ;
<br /> •, �j• right prOviC�O by faw to cwe an Evenf ot Defgult,Lende►shall be entitled to recover t►om Trustor ali costs and expenses actuatty �
<br /> , irec�rr�as a re5uit ot Trustor's detaut�inctuding without UmitaUon all Trustee's and attorneys tees,to the e�ent permitted by
<br /> � , :��; applicabte t�w.
<br /> ...
<br /> - -- - ' ir,. �5 �ct�rn ddvances ttpon request at Boaerler.Lender may,at its option,make additional and future vances an re-
<br /> �:_._ _,. ._�.�-�'::�;--�_��_... e��t�8orrowe�.5uehfedvance9andreadvanees.withinte�estthereon,shaUbesecuredbythis0eedolTrustAtnotimeshap '
<br /> tieeprireipaPamo�ntofihefidebtednesssecuredbyth�s0eedolTrust,notinc�udingsumsadvaneedt6prote�itn9SAtWlryofthtg ���� - �-
<br /> , fJ�bp'�ras�exceed the odginal prirtcipat amaunt stated he�ein,or S 60.088.00 -whiehever is greater. .
<br /> ,;, ` ' ' •
<br /> . ,r ` �
<br /> � ��', . •
<br /> ,
<br /> . . :f >j. '
<br />
|