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<br /> I1� ♦, 1 ��""��1��. � �/�-- 108590 �Lr,l`��•�v� . '.".
<br /> 1, �.(�:�k°>t1i+. '..A. � � -
<br /> �. ,���•-.. .-r Lender ahell have Ihe optlon,�n its sole and absolut�'8�scretion,to apply all auch Proceed�. �- 'T
<br /> `� ; � M�P►opsrty is to tak�n or damaged, ---
<br /> . eRer doductinq therelrom all coats and expenaas Inourred by It In conneclion with auch Proceede,upon eny Indobtedneee aecured �..--:---
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<br /> . '�' � ' �"- hereby end In tuch order es Lender may deferm►ne,or to apply all such Proceedo,aRer such deductlona,to the reatoratlon of the +,;y:;::,�_W
<br /> ;�` ' � - Property upon euch condlllone as Lender may detormine Any appllcanon ol Proceede to indebtedness ahall not extend or poitpone ":'°�--
<br /> ' F;� , ihe due date ol any peymanis under ihe Note,or cure any delault thereunder or hereunder.Any unapplied funds�hall be paid to • �' F'�F+,p�Fl�f
<br /> ,� Trwtor. :,. :,¢,;;,,-.tir�_—���
<br /> e. P�dorm�ne�by L�nd�r.Upon the occurrance ol an Event ol DefauU hereunder,�r u any act Iti taken or legal proceedinp � '�'`r'��'°""�"*'::r —
<br /> ; commenced which materlally atlects Lender's interest�n the Property,4ender may�n ds own d�scretion,but wfthout obllpadon to do , " "':"'"�'�
<br /> � so,and wllhout notiae to or demend upon Trustor and wlthout releasing Trustor Irom any o611galion,do any act whlah Trustor hae � � �"��
<br /> '� ' ' ' agreed but laila to do end mey alsa do any other act it deema necessary to protect the secunty hereol.Truator ahall,immedlately �
<br /> ' � upon demand Iherefor by Lender,pay to Lender all cosls and expenses mcurred and sums ezpended by Lender in connectian with � ,
<br /> the exerClee by Lender ol ihe loregoing nghte,together wlth Intereet thereon at the detault rate ptovided fn lhe Note,whlCh shall be
<br /> � l • added to the Indebtednesa aecured hereby. Lender ehull not mcur any liabil�ty because ol anythlny it mey do or omll to do -
<br /> t •• hereunder. �
<br /> �:� � 9. H�:�rdous M�I�rlats.Truator ahell keep ihe Proporty in compliance with all appliceble lews,ordfnancAS and regulatfons -
<br /> ; releting to�ndustrlel hyy�ene or envlronmental protectlon�collectively relerred to heraln as"Environmantal Laws"). Trustar shaN ,
<br /> �. keep the Property lree 1.om a��s�bstences deemed to be ha:ardoua or loxic under any Envlronmental Lews(collecllvely referred to
<br /> q heraln as"Hazerdous Mate��ats").Trustor hereby warrants and represents to l.ender that thore are no Hazardous Ma�erials on or ��
<br /> E, under the Property Trustor hereby aprees to indemnify and hold harmlass Lender,Its directors,ofhcers,employees and agents,and �
<br /> any successors to lender's�nterest,lrom and aga�nst eny and all clafms,damagea.losses and I�abil�ties arlsing In connection w�th `
<br /> the presence,use. disposal or transport of any Hazardous Mater�als on, under,Irom or abaut tt�e Proparty THE FOREOOING
<br /> �;• WARRANTIES AN�REPRESENTATIONS.AND TRUSTOR'S OBLI(3ATIONS PURSUAIV'T'J THE FOREGOINO INOEMtV1T�/.SMALL ;5,, �•f•ti.+�.•�
<br /> `�_j SURVIVE RECONVEYANC�Of 7HIS OEEO OF TRUS? � •
<br /> ' ' 10 Mdp�m�nt ol Ran9�.T�u4tor fie-•aby assigns t;�ender tne rems,�ssues ana prnli�s o1 tne Proparry:providetl that Truator i� . l�;S�'_
<br /> •t• ,l .� . ,��.
<br /> �,,, shall,untd the occurrente o1 an��eM o'Delaull hereunda�.have tha^ M to collect and raiam s,.ch ronts,Inauea antl prolits as t^ey +, , •� ' r�;l
<br /> 3 j�.� • `��� s_ ,;
<br /> become d..a antl payable.Upon the occurrance o1 an�vdM ol Dei�„It,:.ander may.eilher in rerson or hy agsnl,with or witrout x,,;• '••.i..•':��.��
<br /> � ;;;���;;,`,' ' bringmg any acUOn or pr�ceedmg,or by a recerve�dPOOmted by a court a�d wilhout regard tn ire adequacy o�Us aeturity,eNar �. , , . ,��;�;..��_'`�''
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<br /> � ` �,� ,:...:��. upon and take posaeasion ol Ihe Proparty,or any part thereol.in its own name or in Ihe came of the Trustee.anp do any acls which d ,;;�;.�.
<br /> : , deems necessary or deauAble to preserve the value,mPrfcelabil�ty a�rentab�IHy ol Ihe Property,or any part thereol or�nterest Iherem, t
<br /> �� .�'' ,' • � increasa the Income therelrom or protect the securiry horeol and,wdh or withou!taimg posaeasion ot the Proparty,sue lor or �
<br /> '�� tf � � otherwlse collect the reMs.Issues and protHa thereol,InClud�ng Ihose past due and unpe�d,and apply the same,loss co81s and ���,�`y
<br /> c� 'u.•�,,, � ; :, ^ �
<br /> expenses of operatfon and collection fncluding attarneys'fees.upon any indebtedness seCUred hereby,all In auch orderas Lender
<br /> ; �� mey determine.The entering upon and tak�ng pussess�on ol the Property,the couection ol such rents,�ssues and prollts and tne ) .
<br /> appllcatfon thereof as aforesaid,shall not cure or waive any delnull or noUce of dalault hereunder or mvalldale ony act done In • ��: �
<br /> i response to suCh defeult or pursuant to such not�ce ol delaull and,notw�thstendfng thY continuance in possessiqn ot the Property or ,' . ;
<br /> I the collectlon.reCelpt and appllcalion of rents,�ssues or pro}Ils,and Trustee and Lander shall be enlitled to exercise every rlght r -
<br /> provided lor fn any ol lhe Loen Instruments or by lew upon accurrence or any Event oi Getauii.�r�oiud���y�wQho�i t�rnctat�ori ihe righ! - ,
<br /> ; to exerc�se Ihe power of sele-Further.Londer's nghts nncf remed�es under th�s parngraph shall be cumuladva wdh,and In no wny e
<br /> Nmitatlon on,Lender's rights and remedles under;�ny ass�ynmont ol le�s�3s.ind rents recorded Against the Property Lender.lrustee ,� w
<br /> � and Ihe rncervor sl�all be liable to account only lor those ron�s�ictunlly�oc��wed ` T
<br /> 1) EY+flh 01 D�I�YII.Th�lollqWmg sh;111 cUnslduli,��n Ew����t�l pi�l,lult under this Deed ol Truat .
<br /> ;1j Fa7!J.•C!^FAy �ny�nclqllmam nl��r�nr�pal�v �nA�n�tit ul,�ny nthu� •,un�sur�uud hr�nrby when duo.
<br /> � , Ib) A breach ol o�delault undnr nn�prnv�gion cqntamod���h��N��to.lhie Df�ed uf TrusL any ol lhe Loan Inslruments.or uny
<br /> uther Ilen or encumbrancu upon'ho Pu�p�irty. �
<br /> i Icl A wnl ol exeCUt�on or�tL�chment or an��,nml,v pr��r.uas sh��ll G�!unte�e4 ngo�nst Trustor whith sh�ll becume ellen on •
<br /> Ihe Property or any porhon Ih��reol or mli�rost Ihorwn
<br /> � (d) 7here shnll be Idod by or a4ninst Truatnr ur E3orroWi�r�n�iction undur nny preaonl o�lutwe ledernl, stpte or olhar I ,
<br /> I 819tW9,IgW Ot regulahon relntmg tq b[lnkruptcy.�nsolvi���cy ur uthei r��liel lor debtors,or thorU shnll bH Appolnl�d�ny truslee, i
<br /> � reCefver or hqwdator of Truslor or Bunowcrr or uf iill Or��ny pnrl ot ttw Property,or the u�nla.�saues Or prqlrts thoreol,�r Trustor
<br /> I or Borrower shall make any general assignment lor the benoht ol cred�lors:
<br /> ' (e) The sale,t�ensler,lease. ass�gnment,�onveyance ur I�r!her encumbrance ol all or any parl ol or any �nlereat In the
<br /> , Property,elther voluntanly o� �nvoluntardy, without Ihe e�cp�ess w��tten consent ol Lr:nde�, provided lhel Trus�or shall be j
<br /> perm�tled to execute a lease o�the Property that aoes not contam an opt�on to purchase and the term of which doee npt exceed I
<br /> � one year; •
<br /> (� Abandonment ol the Prc,perty.or
<br /> (g) H Trustor is not an indrvidual,the issunnce,sqle transter.assignmQnt.convey�nce or encumbrance ol morethtln e tot61
<br /> 01������perCent o11d a corporaUOn�its issued and outSt�ntl�n�St�.:�o• �a parinersn�p)a lotai ol �L��� percenl 01 �
<br /> pa►tnership interests dunng the penpd this Deed o1 T�ust rem2inc n I�en or tne Property
<br /> : �2. R�m�dM�:ACCeleretlon UpOn Delpult.In the event ol any Event o}Detauit Le�tler may,witl�out nulice except as requued by i
<br /> � �` lew. declare all Indebtedness secured hereby to ba due end pnyabie and t�e same shall thereupon become due end payeble
<br /> , � wlthout any preBenlmenL demand.protest or rnit�u�01:iny k�nd ThetrE���'�r� ��^c1e� m�y I
<br /> ;, (a) Dem�nd that Trustee exerc�Si� the POWER UF SALE y�.i•Ir^. ��r«��r. ;incf 1�u�;Irr �.h.pi thereiinvr cttuse Truslor's ,
<br /> �.i �nterest in Ihe Property to be souJ antl tht�pfOLOQ(�5(0I)H d�31��h��11`d a ••r����.u������p�uv�d�•d���the Nebrnskn Trust Deeda �
<br /> „} � Act:
<br /> (b) Exerase any and ali nghls p���v�de�d 1rn m ,iny ol v�e l.uan Intih..° ••�•s��r by iaw up�m ucr.urrcrni:e ol any Evenl ol
<br /> I Deleult;end
<br /> I IC) Commpnce an acUCn to toreclose this Deed u�irust,is.�mn�tg.iyr ,�ppu���t.i��'�:ew��.or spe�d�cU��y anlorce nny ol the
<br /> � covenenls hereol
<br /> i
<br /> ' No remedy herein conlerred upon or mtiinv��d t�� T�ustete ur L�•r.doi �s��,tendod tu br��ariusrv��ol.�ny other r�m�dy here�o,�n 1 B
<br /> I
<br /> ' Loan Instrumenls or by IAw ProviAed or pw�n�tle�d bul.�ni:h tin:�u be c umulntrve.�,hau be��n ad0�bon to rvery olhar remi�dy��ven
<br /> hereunder,m Ihe loan Instrumf�nls ur nuw���h�realte��!x�sU��y.rt i,iw ur�n o�.�udy�i�by st:�lute.and n,ay bu uxrrcised concwrently,
<br /> independently o�success�vely
<br /> 13 T►U/IYY. ThH TrUSIeC mAy n!siqn .it.ury Ump vy�tni�u� ,.�uti�• .�nd L�ndri mny .N.a��y Inne,inJ w�tliuut i:.iu5e :�ppoinl a
<br /> sucCeSSOr or substdute Trustee TrustAe shall nnt bu iuibl��tu any p.uty.�nc�ud���y wdh0ut I�mitaUo��Lender [�prrqwer.T�ustor or:u�y
<br /> • purchaser ot the Property.for;�ny loss or d,i�»:�yr�inirti,duo tu�i�ckiess ur w411u�m�s��nduc t .ind tin:�ll nut bt�inqwred to lake dnY
<br /> .
<br /> � � ACUOn �n connecUOn w�th u�e enlorc�ment Uf tN�S D�'i'd��I Trutit unle5s�nde��^�I�ed. �n Hn��ng. �nr �111 �o�,ls.�:u�npe��sa wn or
<br /> ..... ��. �. .�.�.�.. r. ��. ,.,�,,n..��„ma a n.rrn:�v�r.0 anv gah�nf thu ProUerlv uud�c�td ur
<br /> , , HI{�Jtl117C7 Y1IILb��i�uT uc u�bJC�:::.G'..... .^..:... ....._..... ` ••-"' "-.. , ,. .
<br />' , under the power o(ea�u y�anted ne�r����.�,�,��N.,�r ii,�• -,�i.�. .,. . „ .��� ;,�.• ��••.�. �. � .•�.� .a�, „��•����y �nw �,��Hu�h��
<br /> Property as a whole.rn �n separatN pa�ce�s ur iuts ai T�ust��r s d��c�„t,u�
<br /> ' 14 FYef end Exp�nsYt.In the even;Trustee s�ell;tht•P�•�{:�•rty by t'aB�:�Sr•9�PO•NE•r o+�a e T�uslee sh�ll bc rnbUed to ripp�Y
<br /> • { any sale proceed5l�rst 1G payment ol aP cos�s a��d�•�PFnses v�extrc�s�nq Rn•��e�ul SNI� ��c��d�ng all Trustee s lees.��,d Lunde�s
<br /> ;'ri� � Blld TIU9iB@�58flOf�@/5�8E5,eClu8liy mLurrrU t�_•r�tr��i�.��������r.0 L.�,NV���.�L.�:.... ...� . ,'.;i�S�:r�::C'-•T•Le�... n. .�.cnc�nv
<br /> �'� .:. , ngM providdd by law to cu�e an Event U�DFfpu�t.Lende•�s��aii be e��but�tl to •ecovr������� •��an costs�ind expenses actunlly
<br /> InCUrr@d as a �esull 01 Trustor's d�tault. m�lud�ng w�thout fim�+at���� a�� rrastr�e s FInC r,N�••e��s fees. to the extent permiHod by
<br /> � app��tabie law.
<br /> � . �5 Futur�Advahc�s. Upor request o'Bo•ruv�e�. Le�de� ��ay. �� ns •�✓��or '�aw'.. a7�i4�onal and IuturN advpncos n�d ra-
<br /> � advancea to Borrower 5ut��advances and reedvantF�.w�lh�nterF�s�tnerec� ���a':bc�9ewred by fhis Deed 0�Tru91 At no Ume Shfl�l
<br /> �� Ihe pnncipal amount o}the mdebtednesb se�ureC by Ih�s beed ol Tru:>t �1u'�� cl� su���s adva��ced W protect the securdy a1 this
<br /> p Deed ol Trust exceed the orlgmal pnnapa�amount slated herem.ur 5 `�����b.� ,wn�chever �s greater.
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