|
,�j� __ - -
<br /> . • . " -=�� - - __ . x
<br /> . ,:ll. � , . . i .. ' .. ' - � ' `
<br /> '.�.— , . . . .
<br /> �+a.' . . _ ' . . " . . .. " __ ' . . � ' _..� _ .—�..�...�v.�.w�- ' -.—_ - . _
<br /> '—'.� .' ..� _ ,.,,-_..�.. .,
<br /> �� t " ' -__' " _. . . ' .
<br /> . ''r . . . . . .
<br /> �`�,u�".. ' .�
<br /> _ _ ' r_'�.al ,` _ . '
<br /> ,�;_�- - �- . ��_ 1���. .
<br /> IM Prop�rN ts a:Wun or 4arrwpsd.t ereds►ehaN Mvett�vPBon.(n[u sore ana aaauls aoohr+��
<br /> __,�� afOud�Quctln�ttiaretroma'.ICOSis and�xpens�sincurred bI►itirt connection wiB�suc�Proceed�uPa►.anYtnd�bbdrksas�cuun0..
<br /> Mnpy and In sqcA.order as Lender may deEetmEns.or tp apPN afi sueh ProoeeQs.aRar such deducttana.to the Rsbradon M th�
<br /> =��� °,•` '�=�� `prppetty upon auch conditions as Lendet may determina MY eDOticstton ot Proceedato tndabtedness ahaA nate�srad o�Do�on� �.�
<br /> ''�."�,yr�� �e duQ dab at arry paymenb undar the Not�ar eure any defeuft tharounder or hereunQer.My nnappiied funQa atuil be Daid�o �_
<br /> � �
<br /> �-°'�"^ 'T���e by L�eWM.Upan Ma cccuaenae of an.Event ot 0etau�thereunde►.Or it any act is taken or tesil prorwsdiag `_�—�
<br /> =`�' - -- oommence0 vrhicn materEaitya�l�enders interest in the Prope�f.Lender may in its own,d�scretion.but without oDti;�tion b do - - __-- Y
<br /> .� so and yrtflsout notiz,bto ar demand upon Trtiator art�without re{easin8 Trustor nom arty ob1iQation,do any 8et wnfeh Tn+stor hsa �-__-_—--
<br /> �.�� � a�reed but(a,'is ta do anc#may a(so do a�sy other act it deems necessary to protect the security ReteeL Truatat sha11.immedia0e�! -,;��_�i �
<br /> upondemaErdthe�eto:byl.ender.paywl.ende�allcosts.artdexpensesfrtcurredan�sumsexpenAMbyRenderinconnectla►with `<_;.�-�y.
<br /> iheexercise by Lenderot�a foregoin9 rightA�S�s�W tth tnteresttherean ai the defauit rate proYided in the Not��1ch ahat!ba ��;-�::_
<br /> �. '�e=
<br /> . '�� -�s=,.�
<br /> �:�� added�to`-the indeb�edness secured he�ebY Ee�►der Shatt not incur acty tiabifity because of anything jt may do or omit to do —
<br /> E.e[ _�:�.--
<br /> �`-_.- r.�.,_��.�}j
<br /> i.-. �f�YO�. . . , . . : ...4j-/IIA._�_�
<br /> - .. 9.Nsrardaus Ma1KWr.7ruscar shall keep the Property in eamptiarce with att apAlicabte taws.ordimances and reSutations �_ ;��.F,---
<br /> � �`--� re(�ting to iadustrFat iiypiene�ir ernlronmerttai protectiort tcaitecti+rehi retenect to hereta as"Enviropmentai Lawa"►.Truswr shatt _�.��'-`
<br /> � � �:r � keeplhBp�opertytreefromailsubstancesdaemedtabeharardousortoxicunderan�Environmentatlawa(coftocttvetyreteiredte ° ,�"�&�,��?�;:
<br /> . �� he[ein as,"Mauardo�s.f�aterla{s"j.Trustor heteby wairaMS and repreSentst�Lertder that there are no Nat3rdo�eMd a�jen�ersd - - ����
<br /> 8
<br /> - underffeeP+'eperly.T�iherebyag�eestoindemnifyandhaldbarmtesslender.iffidt�ectar9.otficers.�r:;�: S �• :.`..�..,�-F�u;: .-.:
<br /> , '._ ,.r:.m�,��.-
<br /> � . - a�Y&�4��,,ors to Lert6�rs interest trvm and against any and ali ctaims,damages.tasses and liabili����.��g THE F�OING ��;-��'
<br /> �e�si�e.use,disposal ar hars�ort ot amy Hazardous Materiats on,vrtder,trom or abaut the Rrs�r�?Y. r° -.�._,�^,- :
<br /> • W/�F,E��'�,.SANDREPRESENTATtONS.ANOTRUSTOA'SOBUGATtONSPURSUAM'TOTFfEFOFEC+".��G',zINDN4lh77�`.y�+`�1l,1- ` ����
<br /> , . ;,� :, -� StJF�'!t"�G��iECONVEYA[�lCEOF�THISOEEOOF,T�'sdST.. � ;r � �:., ..•.:�
<br /> � .� •:. . { ; -_ , .
<br /> . � ' _ t�5;�",#�st�nt oi R�nts.Trustar hereby assE�rs to Lender the'rents.issues and profit3 oi�e Pra�T'-�'?�T�...!�-"�j ,- , :-
<br /> � � t�` , shat�ii.r:�-.7iheoCCUReaceofanEventotDeiaulthereunder.havethe(lghttocoltectanQ�etalnsucbrec��.�"=������':�. . '.� �,
<br /> ble.Upon L^.e�cuRence of an Event of Oefauit,LenQer may,eitfler in person'aa��'�t;�c'.»'"a.�'�'�4�=`''� �''��-�°
<br /> � � ..,f . pecc;n�-�se and paya „'-
<br /> ... ��-
<br /> ' +.� r:� _��: bringirt�aS�y act�on or proceedin�,�:.py a receiver appointe0 by a caurt and without re8ard to the adeq.�a�yloF iis se:.�:��t'ts*._;>; �• �`;����;"�-
<br /> ' � ;� :_,��, uponandtakepossessionotlt�eF�perty.oranypactthereef,initsownnameorinlhenamaoft�eTrustee.aaddoanya�isx�!'Tchrt ��;,r __
<br /> ' deems necessary or�rab►e to praserve the va(ue.marketahilityflr�entability oltheProperty.e►8ny paRi`:z�sof or inter�`ithere�� �,,
<br /> ::'� �� �"�.� ` � increase the income tfs��eNom or protect the securiry horeo{and,w8h ar without tatcing possession ci64�a Property.Sue tor or � � _
<br /> otherwise coltect the tertts.issu9s and profits thereot,tncluding those past due ana unpaid,and appiy trr�same.tess costs and :,,,. , ,_ ��-�'_�"
<br /> .��.,��+, expenses ot operation and collec�+or�inctuding attomeys'te8s.upon arry indebtedness secured he�eby,a!i in such order as Lendet , ". �Y. -
<br /> � - •..,•f.._��_ ' may dE*ic��ne.7he entering u1i�d anA taking passession ot the Property.the catlecKion of such rents,issues artd profits and the -
<br /> , �`;+"•��� •� appiic�tu,rt thereof as aforesai�,�?�;�not cure or waive any Qefautt or no�ce of deisut!hereunder or invalidata any 8ct done in :-; s���:��� ��
<br /> or `�:t,:;�+�w4. .-.,-.�._.
<br /> " � resperr:,�e3 such detautt or purs:.�rz'�such notice of detault and,notwithstartding fhe continuanc�in possession of the PropeRy � ;r�,� ,,F,, �
<br /> '.�„p,�, ` , th8 ca�:�tion,receipt andappiitalton of rents,issues or p�afRS,artd Trustee and Lender shall ba entitte�tp exercise every�ight •••,.s�, r•� ,;�.�-�;:
<br /> ' �+• • :�} provid�d}or in any of the Loan Instrumentsor by taw upon occurrence of any Event of Detautl,lnctuding+��ltiaut limiffition the�ight , .,�;�
<br /> �'z►�<`' � te execc7s'ethe powerot sale•Furlf.sr.I.endePs�ights and remedies under this pacagraph�hat�be cumutaUve witt►,artd in no way a � �
<br /> �� � � Umibuar�aa.Lender's rights and re-Yr-edies under any assignment of feases and rents recorQed againstthe Property.Lertctec..Trustee ;=. .!f;,�;�:: ��.•' -
<br /> i • w•5.
<br /> �,� � and the�c�ceiver shali bo flabte te�ceoun!onty tor those rents actualty received. '• ; :; �x
<br /> _ 1 t.Erenb ol Od�uH.The fa''awing shall constitute an Event o!Defauit under this Qeed of Trusk +. : _ _��_�:i',�,_,.
<br /> - t�:
<br /> ,:;, - (a) Faiiure to pay any Instaltme:�t ot Drincipal or interest of any other aum secureA hereby when Que. • . t ���
<br /> (b) A breach of ordetautt under any provisian containecf in the Nota.this Deed of Trust,any ot the loan Instrurtsents,or any r•a :�;�:
<br /> ' �,. � other lisn or ertcumbrance upon the Praperty; "�`
<br /> � � .. ° (cy A writ of execution ar attac►►mant or any similar process shatl be entered againstTrustor which sha11 become a tien on :�--
<br /> , .;'.
<br /> � " th�PropeRy or any poRion thereot or interest therein; • :;�;
<br /> � �� _.;; ' (0) There shall be fited by or against Trustor or Barrower an action under any present or future teQerel,siate or other ,
<br /> �� statute.Iaw or regulaUon reiating to bankruptcy,insolvency or other�elief for debtors:o�there shall be appointed any trustee. ; ,_
<br /> -- �� . �eceiver o�tiquidator of Trostor or 8orrower ur ol ati or any pan ot the Property.or the rents,issues or profits thereot.or Trustor ., : •:;�:7
<br /> or 8orrower shatl make any general assignment tor the benefit ot creditors: . , -,
<br /> �:`��:'`+' (e) The sate,transter,tease,assiqnmant,co�veyance or turther ertcumprance af all or any�rc af or any interest in the
<br /> " ' `'r, Pmperry,either rroluntarity or irnotuntarily, witAout the express written consent cf Lerr�sr,Rror:¢c�that Trustor shatt be �-�•�,,'
<br /> %�•':±i;�. . c+ ,t:..
<br /> ., f,;�,., a�irnittedtoexecutealeaseotthaPropertythatdoes�otcantainanoptiontopuroha.s�•stheter�.^.c`;wt+ichdoesnotexceed f ;l(
<br /> '''•• or'e year. •
<br /> ,.,: � ,. ., ` � ' l� Abandonment of the Properry:or � � • ,
<br /> ,�.-;_ ,, , • . (g) HTrustor is notan individual,the lssuance,sate.transter.assignrr�eet,conveyance or encum�c�Raeof morethanatotaf �`•r
<br /> . .' �i.'�- ' ' � .
<br /> � f� � �;4�i;`' ai• percen!o}(it a corporation)its issued and outstanding stock or�if a partrtership)a total of percen!ot �
<br /> � • � pattnership interests during the period this Qeed oi Trust remains a iien on the Property. � �
<br /> ' � 7�;R�m�diy;AeeelHition Itpan O�f�ulf.ln theevent ol any Event of DetaWt Lender may.without notice except as requfred by � �� ..
<br /> •�;. � 1aw.declare a11 indebteCness secured hereby to be due and payable and tne sama shan the�eupon become due and payabte ` .
<br /> ;; . ,,
<br /> ,� wi4"out any presentment,demand.protest or ooUCe ot any kind.Thereafter lender may: '
<br /> ::
<br /> , �•�� ,,.- ' (a) Demand that 7rustee exercise the POWER OF�4E granted ha►oin,and twstee shal!thereatler aause Trustor's I • . „
<br /> • �;;.,;;:,,. � int�rest in the P►operty to be sofC and the proceeds to Ce a�sU��CUted,all m the mannei provided in the Nebraska?iuQ:Deeds � �
<br /> ;;�,: aQ: � , .. � .;;
<br /> • ` � (b) Exercise any and all rlghts provieed for in any at tt+e Loan Instruments or by Iaw upon occwrence af arry Erent oi '`:...�.•
<br /> � � • . , Oefaultand ;;.;��
<br /> � � (e) Commance an action tv tareclose tn�s OeeO ot Trust as a mortgage,appo��t a receiver,or spec�tically enforce any o1 the ' .
<br /> ' ' � Covenants herc�f.
<br /> ' � ,,,�,, . ,. _ Ne rerriedy he�e�n canferred upCn or reserved to T�us?ee or LFnCe��s�ntertdatl to be exCtu9�ve ot any otner remedy here?n,in the •
<br /> .,,.�,;;, Lcan lp��ruments o►by law provided or permitted.Dut each shatl be cumutative,shaN be m a3dd�on to every other remG-a�given ';,�` .`'•
<br /> , ,,
<br /> ;•�°�<+• hereut)ci�e.in the LOan tnst�umenis or now or hereafte►ex�st�ng at law or in eqwty or by starote.and may be exercised cancurrentty,
<br /> • � �:`:� ind�pendently or sacCessively. � .
<br /> ;'� � . 13.Truft�e.The Trusteo may resign at eny t�me without cause,and Lender may et eny t+me and wdhout cause appoint a
<br /> sueCessor or 9ubstitute Trustee.Trustee shall nat be Iia6ie to any party.�nctuding without timitation lender,8arrower.Yrustor or eny
<br /> purchaser o1 the Prope►ty,lor any toss or damage untess due to reckless or wiiltul misconduct,anA shat►not be required to take any
<br /> ettion in ConneCtion wdt►the eniorcement of thi9�ee0 0l T:ust untess�ndemmf�ed,in wr�ting,fot all oosts,compensation or
<br /> e�penses whieh may be associated therew�th.ln add�tion,Trustea may beCOme a purchaser at any sate ot the PropeRy�udicial or „
<br /> unQel the power of sate granted he�ein�,postpone ttre s�te o1 alt ar any pertion ot the Prope►ty.as provided by taw:or sell the
<br /> Property as a whoie.or m separate parcet5 or tots at trustee's discreUon.
<br /> ta. Fees and F.�pens�s.In the eveM Trustee selts the Properry by e�eroise oi power of sare.Trustee shatt bb entdted ta apply
<br /> any sa(e proceeds��►st to payment of all costs and expenses ot exerc�sing power ot sale,including ai1 Truslee's fees,and Lender s
<br /> and Trustee'9 attotney's fees.actualty irtcurred to extent perm�tted by appiicabte law.ln the event Borrower or Tru9tor exercises any
<br /> right provided by law to cure an Event ol Oetault,Lender shall be ent�tted to recoyer fram Trustor aIl costs and expenses actualty .
<br /> __ __ � _ _�:_. ineurred as a result ot Tru5to�'s defauit irtcluding without�im;tation ait Trustee s and attomey's tees.to the sxtent permitteA by
<br /> appitcabte law. -
<br /> .
<br /> �__.� _ ` _ 15.Ruture Adv�ney. Upon request ot Borrower,�ende►may.�at its eption,matce add�t,ona►and future advances and re-
<br /> -�"'" `-`° "'- eQv�ACestofianower•SuctradvanG�erdreadvance�.xtttsin;�sc:iftssree!�,shalhese�u�edDyth�s0eedofTrustAtrtotimeshalt
<br /> th6 prineipal amoanf ol the indebtednes9 Secured by fhis Oeed o1 Tiust not meludmg sums wn�he er�s rotde tethe&eCUnty of fhi9
<br /> s
<br /> Oeed o1?�u9t exceed the original prinCipalBmount stated he►em,ar$ 9
<br /> ' } � �
<br /> , '..T � —__—�� . " _" —.--. _ . . - . .. - -____ . �rr[ .—— . _�'�..—_..... __ �� -.
<br />
|