|
,.
<br /> , , .. .. . ,
<br /> :���- _ _ � , . c
<br /> �f' �� _ . _ _ __ _ -�' __ __
<br /> S� � " ` .. �� . S. . . . F�r.
<br /> t ' . � . '"'_ �
<br /> f�: t'� ' . , . �4 k� � . - - • ��-.
<br /> Z ' ' _ _ _ _ ' 4' ' ' l � ��__.. ._.... _ .,. . _" ' . - . .— __ .... _.__ _ __
<br /> . �`�a�``<� , �-,�S '__' -- ` �- ' . ` ... ` ,
<br /> _.��`��° - = =� . ; . < < . .. 9I-r-I07392
<br /> ��� . .
<br /> -_ � . tM Property is so tsken o►�amsped•Lender Rhati Mw ths aptlan.in ib sote and absotute dtscrotlon,to�OPh►#1t sueh Proe�.� —
<br /> ' afberdaduatlnptheretromailcoabandexpensesincurredbyitfncon�ieettonwithsuGhRroeeedauponanyfndebleda4as�whd —
<br /> ��:T,� - A a r e b y,nnd in such order as Lender ritay detetmine.or to apOty�1 such Pr o e e s d a,M er a�c A d e d u c U O n s.t o t h e�e s t o►a t i a n d t h s �
<br /> ,- ?:� - ' prcpert�uponaueAcoadibonsa�Eendermaydetecmtne.MyappticaUonalProeeeQ�toindehtednesssAaitnotaxbmdorpostpone p_,—..Y
<br /> - _� _ the dus dats o!any paymanta under tha Kote,or cure aay default thereundec or hereunder.Arry unappUed tuaQa shatl Ds paid to ��w�
<br /> �:
<br /> ��,• _ Trustor.
<br /> 8,p�tprm�nc�br L�nd�r.Upon the accurrence of an Event of Detauithereunder.or if amr aet is taken pt te9a1 proceedin0 ,�.�„�—�_
<br /> - -- — eommanr.adwnich�matertal[y�atfectsLenderslrrterestintheRroAerty,kendermaYtr�itsarendiscretion.butwitl�outobtiguUontado — =:`y
<br /> so.and wifhout noUce to or demanA upon Tnrstas and withuut reteasing Trusior from ertiy obit�ation.do any actwhich Tnistor haa ,rk���_�.�,,k _
<br /> - tr.-,u_��_.
<br /> n`':� aQread�ut faila to do and may atso do any othe�aci it deems necessary taProtect the security hereat Trustor ahall.immediate[y �•�'�;c�A�, � __._-_
<br /> }�_ ---�-
<br /> upondemandtttaretarbyLender,paytoLendet8ticostsandexpensesincurtedandsumsexpendedDytenderincannecti0nwith . ._�, . .�---;�+%-. -,
<br /> „. ^�.,,..:�,a��
<br /> � the exe�ciae by Lender o!the torepoing dghts.Wgather witf►interestthereon at the default rate provided in the Note.whtch ShaO be •,. .. ;:,��_:__ ,�..
<br /> - aAded to tl�e[ndebtedneas secured hereby.Lender shap rtot incur any liability because ot anythinp it may Co ar omit to do , .:�.;� �,:,_ -
<br /> �' =S
<br /> �.'��< - '! �9ndHa=ardous M�I�rtals.Trustor sheli keep the Properry in compliance with e0 appiicabie taws,arQinance9 and�eputatlona "^��. „ �'�
<br /> ' .�.;t£�,'�,, ' ---.l�,:-_-..--. ,..
<br /> - � !< refating Ro Industrisi Nyqiene or�rnironmerttal pratecticn(coitecUvely referred to herein a.s"Envi�onmentat 6aws"►.Truator aAaU ;" :.,;..�Y-'�`,:
<br /> ��- ' 'rt�...,
<br /> ± c�:��'�t;'. keapthePropertyheetramallsubslancesdeemeAtobehazardausortoxicunderanyEnvironmentailaws(coitectivelyrefertedto • �� , -
<br /> [�;;r�:`�,.:;5:��';<:=' � -.`�d�`'.c. , :
<br /> n. ,- $ hereiv as'Hazardoue Materials"►.Trustor hereby wanants and reprasenb to 1.ender that there are no Hazardaus Matedats on or �..;`_�:".�L�:�: �-t
<br /> „r,<,..�,,�,, .: ;-:•- �
<br /> ,, _,;�:�.:• undertftePropeRy.Trustarherebyagreestoindemnityandhotd�armlessLender,itsdirectors,o�cera.emptayeesandaperKs.and ;.; .;; ��;-� .. :,:
<br /> �`��{"- `'%'�a` ` auceessors to lenders interest irom and a9sinst any and all claims damages.tosses and liabilitie9 ar(sing in connedion with: .. ,��;�,�:,rp`
<br /> ..,• .
<br /> . �;;�.g.; arry THE FCREQOtNG - ' .�?.'
<br /> =.�';'•.::: •;;;y�J the presence.use,disposal ar transport of any Hazardous Materials on,under,from or about the Property. : ':;;�,: .a_.
<br /> --t�;f`;"• =�� � . yypqp/INTtESAND REPRESENTATIONS,AND TRUSTQR'S OBUCiAT[ONS PURSUANTTO TH�FOREGOING INOEMNITY.SHALL
<br /> ;•..,j�,�, . • rf�a����
<br /> SUAVIVE FiECANYE1fMICE OF THl$DEEQ OF 7RU.ST. �:�;:�j�tr;_
<br /> ` `'::"';i F`�:. 10. Atsi�nm�M ot R�nb.Trustor hereBy asstgns to lende►tha rents.issues an0 protits afthe Propeiiyr.provided that Trustor .:,,.:,� _
<br /> :��". s.�,-
<br /> F . �i�1, shall.untilfheoceur�ertceofanEventof0efaultAereunder,havether+ahttocoUectartdretaiasuchrents.issue9andprofitaasthey `'`�- - --
<br /> � � �,'::,,; become dae and payakte.Upoa tha occunence ot an Event of Detautt;Lender may,either in person or.by agen�witb ar without �: �, :
<br /> � bringing aoy ecdon or proceedirtg.or.by a rece►ver appointed by a court and without re9ard ta the�equacy of its securiry,enter �,� - J t�f:i
<br /> ' �-i upan and take possession of the PrEgeRy.o�any part thereof,in its own name or i�the name of G�e Trtlstae.and do any acts whtafi it t�, , �:
<br /> �'� ' deemsnecessaryorQesirabtetoCr�ervethevalue,marketabilityorrentabitityalthePropeRy,aranypartthereotorinteresttherein. ;��rrR:�,;?,t.::,Tri:;�
<br />� � � � ,inGrease the income theretrom or protect the secudry horeof and,with or without taki�g possassion ot the Properry,sue far or ���,!,,;,f;��;,5�•:•' "�•.,�-`
<br />. . � .:..rar:.:...:......-,... .� _ ;rr1�� arF(��.=•;L.,�.—.
<br /> • " '�� otherwise cottect the cc-�r:s.issues and profits thereof,including those past due and unpaid,and appiy the same.tess cost�and -, r;;,�:t,: ,.. _
<br /> ,,,��,..
<br /> � ' expenses of operatidrra�-�collection inctuding attorrteys'tees,upon any indebteQness secured hereby,all in such order as Lender . __—
<br /> � may determina The ei:`.ering upon and taking possessfon of ttre PropeRy,ttre coilection of such rents,issues and profits and the :; .-:;
<br /> ' appliCatie�iltereot as aforesatd,si-�?!not cure or waive any detauit or notice of detaul!hereunder or invalidate any acc done in , ''.�%
<br /> � � ' resport:.�ta such detau'.t v�xrs:sa'�YO sucb notice of default and,notwithstanding the continuance i�possession of the Fro�eRyor `._���;;,:;�:�
<br /> i fhe corECtian,recei�z a-������c��en of rents,issues or profits,and Trustee and Lender shall be entiUed ta exercise Ev.er�sight ,s,: . F
<br /> ' :,% pmvided for in any o`����•lr�.�""'�tnstrumentaor by Iaw upon occurrence of arry��rent of Qefauit,+ncluding withau!limitation itre right • �
<br /> "�" to exercise the powe�c�°�g further,Lendera rlghts and remedies undevG'^�5:;,+3ragraph shall be cumutative with,and in no way a • ;��
<br /> `_�••�"� %'� • '''� ' Iimitationon,Lender'ssp�':�anqremediesunderanyassignmentofieasesar��:er.f�recordeCagalnstthePropedy.Le�der.Trustee
<br /> .. ,.<,a�t.�?`,..•:•� • ^ � y
<br /> - ..;_S;:-:;,..� .,-. and the receiver sha(f�SB i�a5ie,n a..count onry tor those renta actually reCe+v�'i ',�1 s
<br /> 11. Ev�eb of OMsui1.T►�e f�,r-�ring shall constitute an Event of Delautt a=�:ar this Dee�df T�ust i;
<br /> r �� �• (a) Failure to pay any��T�'s,rent of principal or interest ot any other sum secured�re*ebY when due; :��.
<br /> ;�c:,. :, : (b} A breach af or deta�.c�.�:ar any provision contained in the Note,t'�,`�fleed of Truat,a�y of the Loan Instruments.o�any � � �.
<br /> 'f�:,r ' � � '�',�. other tien or encumbrance��m the PrqpeRy; F'
<br /> '` � (c) A writ of execution or a::achmeM or any similar process shall be e.^'-zred againstTruator whicts sN.�:`'become a lien on ` •
<br />� � ' the PrapeRy or any poRion V:e�eot or interest therein:
<br /> (d) There shall be tiled by or against Trustor or Borrc�nrEr�n action under any present or future tederat.stat���3ther .
<br /> statute,law or regutation retating to bankruptcy.�nsotvency����'�es retief tor debtors;ar there shall be appointed acx!.stee,
<br /> receiver or IiquiO�"or ot Trustor or Borrower or ot all or any par�ot t7e Praperty.or the rent9,issuea or profita thereof,or Trustor ,
<br /> � `;;; tt�' , � • ; ..;,I.. or Borrower 5c��;:_�rake any general assignment for the benefit of cred•���' ` •
<br /> • , •. ,:� i (e) The sai..�'e"sfer,lease,assignment,canveyartce or further e^a���a�ce of al►or any part oi or any interest In the [.
<br /> `r� �'+��:..� . ,,r:�s�' PropeRy,either J�:�::�siarily or involuntarity, without the express writte^ a:.`aent a�.rehder, provided that Trustor shall be 4
<br /> �;� t•.:•.�',�: S
<br /> �. `,:•�;'`t,i::- �.;-,;;;�-• � permitted to exec�'�a�eas�a€�he P�operty that does not contain an opbaa to purcnase a�Gma term of which does not exceed t.. . :.;
<br /> f �•� one year. �`
<br /> •c:r :°.� ',�
<br /> •. ��`�.:! '�;:;' � (fl Abando��e"t af f�e*��r��erty:or , . � ,:,�'.;. . �
<br /> ,'.� : •;;��,: (g) I1 Trus:o��`ot an inQ.vidual,the issua�co,sale,transfer,assigr,��c..onveyance or encumbrance of more lhan a total I
<br /> ;. k• �;1�I:..:�:{�. :rs�''�,•;
<br /> . �. <.:.`. .� ..f•� �, '}� . � •, r���'�
<br /> .`�• ;;;;'. of pe�2e;�t ot(ita cerporation)�� �ued and outstanding����Pa„r(d a partnersbip)a total�: percent ot ►
<br /> :�, partnership interests during t!�e period thls beed of Truat se.�-a ns a liers on the Property. �
<br /> c;�:'� 12. RtmMies;AceNuation Cttio'n Oetau(t.ln the e�ent oi a^�Ev�ts1 ot OetauN lender may,without norice except aa required by
<br /> taw,dectare all indebtedness sec�red hereby to ba due and�ayable and tha same shall t„ereupon become due and payabte f
<br /> � ' without any presentment,demand.protest or notice of any kin0.Thereafter t,e�der may: ,
<br /> ' (a? Demand that Trustee exercise the POWER OF SALE granteG�ti�����and 7rustea shatl thereafter cause Trustor's �
<br /> � interest in the Property to be sold and the proceeds to be distributed,a1'•+�`:"e manner D�ovlded ln the NebrasNa Trust Deeda ' `
<br /> . ACk
<br /> � ������°• (b) Exercise any and a" �;,'�ts providad for tn any ot tre Loan�nst���^enis a�bf,c�N upon occurrence ot any Event o1
<br /> '• �� �` ' Defautt and '
<br /> , • � (c) Comme^�s a�aci�c�+tc s�oreclose this Deed of Trust as a snor���e.z,��o�nt a:ece-�e�,or apecificalty entarce any ot the i
<br /> � cavenar.ts heroc�.
<br /> � ' �' • No remedy herein�ap`e*red upo�Or reserued to Trustee or Len�Er es�nte�Q?G to be+axclrs�ve ot any c?~cfi+.'emedy herein,in the
<br /> � Loan tnatruments��f��►aw prav�w_d or permitted,but each sr.a�s b9 cumc��a�ve,shall be i�add�tlan te e�r�-/other remedy given
<br /> hereurtCer,in the Lo2n fnstrur�e�s°.s a:now or hereatter existing a"�aw ar in eG.�ty or by statute.and may be exercised cocse,urrzrtdy, �
<br /> inQeperCentty or successivety.
<br /> 13.TruKee.The Trustee may resign at any time w�fhout cause.anC i.�'�t'r mpy at any hmo and wdhout cause�:�����":� !
<br /> � ; 9uCCesSOr ot substda�e Trustee.l'rusteA shell not be hable to any party.incluC•�}without I�m�tat�on tender,Borro�Ner,trustor Or 8r.y
<br /> purchaser o11he Preperry,tor any loss or damage unless due to reCktess or w-�;��!misconduct,and shall not be required to t8ke any
<br /> action in connection with the entorcemenl 01 this Deed ot Trust unless mdemnitied,in writing,tar all ccsts,compe�sation or
<br /> expenses which may be assoc�ated therewitri.In addit�on.Trustee may become a purchaser at any Sa18 u}the Property�udicial or
<br /> s ' under!he power oi sale granted herein);postpone the sale o}all or any portion of the Properiy.as provided by law:or sell the ,
<br /> Property as a whole.o�in separate parcels or lots at Trustees disCretion. _
<br /> - ' t4. F66a and Expanse�.!n the event Trustee seI►�tne Praperty by exercise of power ot saie.Trustae shall be entitled to apply
<br /> � ' ' sy any sale proceeds tlrst to payment of all costs and expenses ol exercis�ng power of sa1e,inctuding all Trustee s fees,and Lender s
<br /> � ,,�, • �nd Trustee's attorney's tees,actuatty incurred to exteM permitl�d by applioable t�w.1n the eveM Borrower or Trustor exercises any
<br /> , a rlght provided by law to cure an Event of Oetault.Lender shall be entitled to recover trom Trustor all costs and e�penses aotual�y
<br /> = -- -- incutred as a re9alt ct�Tn�stor's detau�f.in�tuding without IimiYdrion etl Trustee s and attomey's tees.to tha extent permitted by
<br /> ' applicable law.
<br /> � • . . . 15.Fututs AdvanCq.Upon requeSt o}Berrotiver,lertder may,at its option,make additional end futute advartce9 end�e-
<br /> _. . _ . _.�___----__.___.__. .
<br /> advances to Borrower.�uch advances and r�edvanCAS.wnh i�rfarestt�e�n.���,f�secured tiy th3st�aad at:re�l.A�aQ Umg 9ha 1 . _. .
<br /> .• +� the principal amounl o!the indebtedness secur�d by thls Qeedol Trust t d sums advanaed to protect tne secuNty of tHig
<br /> Oeed of Trusf,exceed the original principal amount 9tated herein,or S ---whichever is greater.
<br /> , { � j� •
<br /> ` ' . .
<br /> .1' __ _ . � . - .
<br /> � . � .
<br /> � , .
<br /> i �
<br /> • ' ' � - � ��� . .. __ . ___ . _ _ . . .m_.
<br /> - . . .._ 7 _ . .
<br />
|