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<br /> 11»PtopKy 1�w hk�n 4r d�m�pd,l.�nd�r�h�ll ha�th�opUon,In It��ot�and�bsotub dlrorNlon.to apply ul wch ProoMd�,
<br /> �N�rd�duatlnp awrN�om all oosa�nd�xpmws Inourr�d by it In aonn�odon wlth ivah ProaNd�,upon�r�y IndN�dna�Mound
<br /> ls3r'.A'�aad!n tsscls otdRr aa t.cttd�r may dCarmlaa,or!o a�ly a!!:u�ls Prcc�de,�Rn�uah d�ducdon�,to ths rMtoratlon of tM
<br /> PropKqr upon woh oonditlon�s�L�MK may d�armin�.Any�pptlaqon ol P�ooMd�to Ind�bt�dnMS sh�ll�ot�xOmd a po�fpon�
<br /> 1A�dw daM of�ny p�ym�nb undK th�Nof�,or cur��ny dN�uN tlf�rwnda or he�unda.Any unappU�d Iwids�II b�p�ld to
<br /> — Ttwto►.
<br /> 9. htlonNanc�by I.MM�r.Upo�th�ooau�nnc�01�n Ewnt of DN�ult h�nund�r.or II any aat is bk�n a Ip�l prooNdl»p
<br /> ?r;; A��.�,• commNic�d whfch m�tedally eHaote L�nd�r'�Int�rN!In d»Proo�Ay,l.�nd�r m�y In la own dl�cnUon,but wfthout obtlp�don to do
<br /> � i. , rk, r��,i
<br /> ' ' �,�,;. to,and wllhou!eodce to or demer,d upon T�u�tor and without rslaolnp Trustor hom any oblipsdon,do�ny�a!whlch Tro�tor has
<br /> �prMd but hil�to do�nd�may abo do�ny oth�r�ot It dNms n�ceu.�ry to p►oteat th�teaurity hereof.Tru�tor shall,immsdl�t�ly
<br /> � upon d�nd th�rdor by kender.pUy to L�nd�r�N co�a and axpemes ino:►►sd and eum�expsnded by I.and�r In connsetlon wNh
<br /> � `��;!���'-:f.:;f��-: tM�x�rcip by L�nder ol the lorepolnp riphb,topeth�r witF�Int�n�t thoraon ot ihs def���t rats provlded In th�Nats.which�hdl b�
<br /> -1 • ��a: �dd�d to tlw Indobtodneso�acund hsnby. L�ndw�h�ll not Inaur ony IlabAlty boaau�a of anythinp It may do or omit to do
<br /> .;,,.�. Anound�►.
<br /> �s: ° p. Hasardous Mtl�rinl�Truebr�hell keop th�Properly M eompliance with oll epplicabla laws,ordinencss and rpul�dons
<br /> .,r� ... � rNatlnp to indusbiel hyplane or envlronm�nfat proteation(aollaativaly r�ferred to hereln as"Environment�i Lewa'�.Tnistor�hsll
<br /> ••�'•pt�:�µ�•.K'�i} k`w_.pM�PropsAy f�N i�om aN subqanca dNm�d to b�hu�rdout or toxio under any Envlronmentwl l.aws(coHscUwly refe►r�d to
<br /> �'�.�i��1�,�y���•t_ ,I�eln a�"Haurdou�Malarlals").Truetor hareby werranb and repreionq to Lender that t h ere are�o Hazar dous M a l er is l s o n a
<br /> ;•n:,. �". , ,.,},. i
<br /> � ;p,;;�,;-.�,d;,,�y��,�1 und�ths Property.Truetor hareby apnes to Indemnlly and hold harmlea Lender,ita dlrecton,o�icers,employees snd 4penm,�nd
<br /> I x. - • _ � _ . •�;';{�. any wccssaors to Le�der'e Inte►eW,hom�nd ayafnet eny end all alalme,dAmages,losae�and ifabRillef aridnp In connectlon with
<br /> • �;?.,
<br />' � r� ��• �`- ..,� ,� ihs pressrrc�,uso,dlepnaal or nansport of any Hezerdous Materials on,und�r,h�m or at�ut the P�operty.THE FOREOOIN(i
<br /> �,•, � WARRANTIE8 AND I�EPRfSENTATIONB,AND TRUSTOR'8 OBIJOATION3 PUHSUANT TO THE FOREGOINd INDEhtNITY,8HALL
<br /> ;' SURVIVE RECONVEYANCE OF THI8 DEED OF TRUST.
<br /> , ' ' � 10. Anlpnnnnt ol R�nb.Truetor he�eby asaigns to lander the rents,Issues and prollts oi the Properry;p►ovided that Truetor
<br /> ' <� ' . � shall,untll the occurrenae of en Event of Oefeult he�eunder,have the ripht to collect and retaln auch rents,isaues end pro0ts as lfiey
<br /> �����i�._•� � �' ". • bscoms due and peyabla.Upon the oaaurrenae of an Event of Defaul1,Lender mey,alther In peroon or by apent,with or wHhout
<br /> 1`;I, i ' .,
<br /> r':• •� ' bdnpinp any aoQon or proaeeding,or by a receiver eppolnted by e cou►1 and withaul repard to the adequecy of ifs securlty,enter ,
<br /> - ��{�'�'r �� upon o�d take po�seselon o1 the Property,a eny part thereof,in Ita own name or in the�eme of the Trustee,and do any acts which e �
<br /> • � �. ;� .�s d�ens noGessery or desltable to preeerve the valua,markotabllity or rentability of the Property,or eny paA thereof or interest thereln, ,r•
<br /> • increase the income therefrom or proteat the aeaurity horeof and,with w without takiny poseeaeion of the Property,sue for or
<br /> � . u.�:,,,:.' otherwi�s collect the rents,issuea and proflb thereof,includinp those pest due and u�pald,and apply the eeme,less costs and
<br /> �;,�__:., • � '"�;,: �xpenses ol operadon end aolleatlon includinp ettorneys'(aea,upon any indebtednesa secured hereby,ell i�euch order as lender
<br /> f •� � mey determine.The entarJnp upon and takinp pos�easlan of the Property,the oollection of euoh rents,bsuea end pro8le and the
<br /> ''��'• . �" ' �•• y'= �ppUcatlon thoreof as al�reoald,ehell not cure or waive any default or notice of de(ault he►eunder o�lavalldate any act done in
<br /> responee to euch default or pursuent ta suah nodce of default and,notwithstendinq the continuance In posaea�lon o11he PropeAy or
<br /> ° _ 1he collecdon,recelpt and epplicetlon of renta,ieauae or proNts,and Trustee and Lender shall be entilled to exerclae every ripht
<br /> , provided for in eny o1 the Loan Inetrumante or by law upon occurrence ol any Event of OelaulR includlnp without Ilmi!atlon the riyht .
<br /> ' to exerclae the power o1 sele.Further,lsnder'a riphta and remediea u�der this parapreph shell bocumulative wlth,and in no way a �:°'
<br /> �;:;...,, : : IlmNetion on,Lender's rights and remedles under any essipnment of leases and rents recordud epelnst ihe Property.lender,Truatee
<br /> ,f�;•. : ' • • end the recelver ehe11 be Ileble to account only tor those rente actually recefved.
<br /> `%�+�!� 11. �v�nb ol DN�ull.The followinp ahell constltute an Event of Default under this Oeed of Trust
<br /> :,, , �. ° ' (a) Fallure to pey eny inatallment of principel or Interest of any other aum aocured hereby when due;
<br /> i ' (b)A breach ol or defaull under any provlelon contalrwd fn the Note,thla Deed o1 Trwt,any o1 the loan Inat►uments,or nny
<br /> �`• odwr Iien or encumbrence upon the P�operty:
<br /> iti, . ..',;::;i•.,.
<br /> •,,,, (c) A writ o}exeautbn or etteohment or any efmller praceas shell be entered apalnst Trustor whkh ehall baeome e lien on
<br /> � . • ":;!`,:!,:` tl�Property or any pohion thereof or interest thereln;
<br /> �� ' '?,' '� (d) 7here shell be tlled by or agelnst Truator or Borrower en actlon under any presenl or tuture federal,stete or other
<br /> �.i: , etetute,lew or regulallon releNng to benkruptay,Inaolvency or other relief for debtors;or there shall be eppointed eny Uuetee,
<br /> ��, receiver or Iiquldator oi Truator or Borrower or o1 all or any part of the Propnrty,�r the rents,iesues a prolfts thereof,cr Trustor
<br /> ' or Borrower ehall make any general assignment}or tho benelit of creditors; "G`
<br /> '�f.•;. • ." (e) Thp sple,Vaneler,laese,esaignment, conveyance a►lurther encumbrance of all or any pert of or any Intereat in the
<br /> �(� � ' ' PropYrty efiher volunterily or Involunlarlly,wilhout the exprese wrltten consent of Lender;provlded that Truator ahall be
<br /> �!"r�� , � p ermltted to exeoule a lease ol the Pro pe rt y that does not conlaln an option to pwchase and the term of which does not exceed •,,
<br /> ' ;r:4;. � ono year, ��.
<br /> >;r,;�`"�'�• , , (Q Abendonment of Ihe Proparty;a i�•��
<br /> ! .. �;;.�,, (�) II T►uetor fe no1 an indlvidual,the ieauence,sele.transfer,assignment,conveyance or encumbrance of more than e totel f
<br /> . q�: �. 1 ,
<br /> _ :.'_.}.:�
<br /> . ,�,;. .. .'�;{;;4:;r of percent of(II e corporetlon)Its Isaued end outstending stock or(It a partnership)a totel of percent ot � ,
<br /> paMOrship fntereale during the perlod thls Oeed ot Trust remelna e Ifen on the Properly.
<br /> 12. R�m�dln;Aaaslerallon Upon D�Mull.In the ovent of any Event of Oelault Lender may,without nolice except as requlred by �
<br /> lew,declare all indebtednses secured hereby to be due end payeble and the seme shall thereupon become due and payable �
<br /> s ,' w(thout ony p►esentment,demend,proteat or nolice of any kind. Thereatter Lender may:
<br /> (a) Demand that Trustee exerclae the POWER OF SALE granted hereln,and Trustee shall thereafter cause Trusto►'s
<br /> z _�, � ;:'•t�,: Interest In the Property to be told and the proceeda to be distnbuted,alt m the manner provfded M the Nebraska Trust Deeds
<br /> ::,, ' �i;:•�-.r;'. A.�i
<br /> i'�,�: • ! ����s�'!;; (b) Exercise any and all riphta provided for In any of the Loan Instruments or by law upon occurrence o1 eny Event of
<br /> ;� ' 4 � ;. Defaul�and `•• ,
<br /> � (c) Commenae an action lo loreclose thls Oeed ot Trust as a mortpaye,eppolM a recelver,or specHically enforce any ot the ,;":�,.,
<br /> ,.�� ''��' covananb hereol. ►.
<br /> '�' ' No remedy hereln conferred upon or reaerved to Truatee or lender is intended to be exclusive of any other remedy herefn,fn Me
<br /> •.r.�::� � . .
<br /> 4`�'� � � . Loan Inetrumenta or by lew provided or permltled,but each ahall be cumulative.shall be fn addition to every other remedy grven � '
<br /> �.' } = heraunder,fn the Loan Inatrumenta or now or heroafler exlet�np et law or In equlty or by statute.and may be exe►c�sed concurrently,
<br /> , IndupendenUy or aucceselvely.
<br /> - i �, 13.Tru�.The TruBtee may realgn at any time w�lhout oauae,end Lender may at any time and without cause appoint a
<br /> �i eucceasor or substltute Truatee.Trustee ahell not be tiabte to an
<br /> � y pmly,in�lu�iiny without Iimitatlon Lender,8orrower,TrustOr or eny
<br /> • ' ; ' .._.. _..._...'_'�. ._.__...'__"�'_'_""'___�.._'___.u____'...��u..��.���..��....��..d ew..11....�/.e.a...J.a.1 b.�sLa sna
<br /> � o tlon In connectfon with�lhe�enlorcement ol thia Deed ot�Truat unlese Indemnflied,�in wrltinp,for allvcosts,compensetlon or
<br /> '�' i� Qxpenees whlch may be assoclaled therawllh.In additlon,Truetee mey become a purcheser et any aele ol the Property Qudfcfel or
<br /> �-� ' � " under the power ol sele grented herefn►;postpone Ihe sale ol all or any portion ol the Property.as provided by law;or sell the
<br /> �, Property as a whole,or In aeparele parcels or lote at Truetee's diacretlon.
<br /> 1�. F�s and�cpMSh.In the event Truslee sells the Properry by exerclae ol power of sale,Truntee ahetl be entitled to apply
<br /> ^��° any eale proceed�IIrBt to payment ot all coats and expensea of exercisinp power ot sale,fncluding all Trustee's feea,and Lender'a
<br /> �z- _ and Truetee's attorney't 16e�,eatuolly fncurred to extent pgrmltted by appUcable law.ln the event Borrower or Trusta exercises any
<br /> � ' rl�ht providod by law to aure an Event ot Delaull,Lender ahall be entitled to recover trom Trusta ell coats and expenaea actually
<br /> I �: , Inaum�d as a rosult of 7ruator'o dalau�l,fncludlnp wlthout Ifmltatlon all Trustea's ond oltornoy'e lees,to the extent permftled by
<br /> f r �ppllcable law.
<br /> ; � 1S. futun Adv�naN.Upon request ot Borrower,Londer mey,et Ite oppon,make addufonal and luture edvances and re-
<br /> --"-"" advancee to 8orrower.Suah advances and readvancoa,w�th mterest thereon.�hall be secured by thia Deed of Trust At no tlme ehall
<br /> �'F ' ;, ° the prtnclpal�mount o11he IndeblW ness secured by th�e Deed of Trust,not fncludinp sums advanced to protect��rttyot th�s
<br /> � � , Owd of Truff,oxca�d the orlpinal p►Inclpal amou�t alatid horein,or i 70.�-� whfchever la yreate
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