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<br /> th�t Prop�rly i��o f�kN►or dum#�IM.landln sh�ll.l►�Ma�hA optlon,ln its wle and abroluts discredan,to ap�y�II wob ProaNd�,
<br /> — dD��d�ducNnp tMr�lrom+�II cast��n d�xpunset 1nRUr�qd k�Y.lt In eonnscdan with aoh ProcMd�,upon�ny ind�btednqt acund
<br /> h�nby and in wch adar�!Lender mliy de�emlftta.4t ta apP1Y dl auch Procs�da,aflor suoh d�dualWne,to ths rMtor�tlon ol th�
<br /> —��,�� propety upon wch conditlam as landar m�y dqtExmf�np.AnY appllca0on of Procssds to indobaMns�shatl notextmd a postpon�
<br /> -- M�dw du�of omr ppymant�under tha Note,or cura Any default tharoundor or hqnunder.My unappli�d funds�h�ll b�psid to
<br /> Trustor.
<br /> �"_°° 8. PMlonn�ec�b�L�ndN.Upan tha ooaurr�anR�ot an Event of Oafault hereunde�,o►If any ect is taken or lepal procs�dinp
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<br /> commenced which materiallyaftaota lend�r'e 4ntareoi+n the Property,l.ender mey in ita awn dlacreUw�.b:it without oblipallon to o .- -�
<br /> — so,and wid+out noNcs W or dem�uid upon 7ns�ivv and wRhast r�lea�tnp Tru�br hom any o4lipatlon,do any nd whlah Trwtor hu
<br /> _„��r,x�� aproed but falls to do and mAy sloo do eny oil�ec racl�deems neceasary ro proteot the eecurity herool.l'nratar shall,Imm�di�tsry
<br /> upon demand therefor by Lenda��pay to 5.end�'sr�wosl8 andexpenses incue�ed and auma e�pended by londer in conneetlon with
<br /> w::��:;�;��� the exerclle by Ler�dor M the�orepot�p rig�ta,W,�imr with Mteresf lhereore at the deleult►a1e providedln fhe Note,whloh Rhell be
<br /> _�,�,,,;,:'�.;,:,� added to tha indobtadnass acurod'he�y t.cmdeT ehatl nat Incur any Ilabllity beceuso of anythinp it may do a omit to do
<br /> — -- ,� Mrsunder.
<br /> —�" �--�,L�;i� g, Muvdap M�hri�da.Tru�tor ehall kaep tha PraR�h�n complience with ell eppllcabla lawa,ordinance�s and ragulpqane ___
<br /> ___;_�Q� r�laGnp W indushlal hypiene o�envirpnmental prAtaAdprl (eolleclively reforred to harein ae"Environmenml Lawi'�•Truato�sha��
<br /> kqep th�Property►ree from�11 subltanaea daampolu be ha�rdoua or toxlc under eny E��fronmental Lews(oollecUvety nfeRed to
<br /> � �`-'�� herein as"Hazardoue M6�tarials'7•Tr uitar har�6y wArranta end represents ro Lender thet there are no Hazerdoua Materiala on or —
<br /> —_,�� und�r Ihq Praperly.Tru�tar hareby a���eas ta tnd�mnNy and hold harmle�s Lender,its directo��s.ottloera,employees and apenb,and
<br /> '''' any wccossors to lender't Intere4l, from And dpfl�nat any end all clalm�,damape�,laa�s and Iiabilltlea erisinp in connectlon wlth
<br /> `�°'' ths pntenc�, uw.dispabnl or transpart oi eny Hqcardou�Materlols on.under.Irom or about 1he Property.THE fORE001N0
<br /> �'.:� WARRANTIES AND R�PFifs86NTAT1ON8.ANC?TRI�$TOR'8081JOATIONB PUR8UANT TO THE FOFiEQ01NG INDEMNITY,SHALL
<br /> �-� "`` 8URVIVE R£CON1lEYANCG OF TMI�RH�R OF TAU�9L - v
<br /> =='�r'. 10. As�Ipn�Mnl ol R�nU.Truttar har�by aAalgn�to Lander the rent�,I�tues end proht�of the Property:provlded that Tro�tor
<br /> .;7�,��•� �hall,unW th�OCGUrranGe oi�n Ev�n101 DeiAUlt hflr&uMler,hsve the riqht to CoI1QCt end reteln tuoh�vnb,istue�and prulltY af fh0y
<br /> - bacomo duv and p�yable.Upo�iha ooaurronaa at bn�vent of Uelault,Lendor mwy,olther In pereon or by epent,wlth ar without
<br /> ��'^"- brin�inp eny sctlOn or proceedfnp,or by a rqaalYqr pppuinted by A court ond wlthout re�ard to ti�e edequecy of ite security entar
<br /> .,�,,:����^ � upon and taks po�a�tsian of the PropeAy,or sny pRrt Lhareot,f n Ib own neme or In lhe name of ihe Trastee,end do any aals which it
<br /> ---- - .•u„,_. daema�eeoseary or defirable ta pre�erv�tha v+olue,mflrketabfliry ar renteblHry o1 the Property,or eny part thereof o►Inte�iet therefn,
<br /> Q-=�==�; ,r Increase Ih�Inoome tharqlrom or ptotaat tha saourit��horeof and,wlth or�vlthout leking poeaesslon of the PropeAy.aue lor or
<br /> - otherwise collect the renW,l�sue4 and prolita theraoi,inaludinp those past due and unpefd,and apply the same,lees coats and
<br /> --�.�ti;..""'"� expenaea ot oparation and colteotlan inaludfng attarn�ri�i fees,upon eny Indebtedness seaured hereby,all in such order ae lender
<br /> =- � mey dotermine.The enterinp upon and taklnp pastn�sian of the Property,the coHectlo�ol euch renta,iasuee and profite and the
<br /> �`t'�,.�., applicetion theraof as etarecaid,ahall not cura or wmi►� any delault or notfce ot detault hereunder or fnvalldate any ect done lo
<br /> — -=`'��-�°�- response to euch default 4r pursuw►t to aaoh natlae af delaull a�d,notwlthatendinp the condnuance In possession o1 t�e PropeAy or
<br /> W ��'�'-' ��, me colleodon,recelpt and eppltcatian of re�ta lasues or profiu,and T�uetee and Lender shall be eMltled b exerciae every nqht
<br /> _ -- T'�"�i` •" provlded lor In any of the Lnan Inshurrante or by iaw upon ocaurrence of any tvent of Defeuii,including wiihoui ilm{tatian the ripht
<br /> •����"�'••'�<,,},�;�,` to exarclee the power of sale.Furlhar,lendec's rights�3nd remedles under thle parayraph shall be cdmuletive wNh,end in no way a
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<br /> � =�'-4+�,;.`;F�;` Ilmftetlon on,Lender'a rlghts and remedi�s under any aea9gnment oi leases and�ente recorded ayalnst the Properry.Lender,T►uatea
<br /> '�* �,y Y` ond the recelver shall be Ilable to aacount o�ly for thoae renta actuBlly recelved.
<br /> �+-w. °` 11. e+►.m.a o.��un.7ha lollpwing shai:canatitule an Event of Default under thls Deed of Trust
<br /> �;�;.��;��_ �,�'�_ ::"; (a) Fa�lure ta pay any installment vf pdnclpel or inre�est of any other sum secured hereby when due;
<br /> r (b) A breaah of or detau8 under u�y provlslon contalned in the Note,thle Deed of Truat,any oi the Loan Inetrumenta,or eny
<br /> ��,��R.,,�,.,�. othw Iten or encumbrance upo�.the Prupe►ty; _
<br /> r:�:�: '. . (c) A wrlt ot exeoutfan or atlachment or any 3lmilar prceess shall be entered egal�at Trustor whloh shall become r Ilen on
<br /> 4 ''�''.'" or en —.
<br /> ..�:.:_:.._`_;,. the Property y poAlon thareoF o►interast tharefn;
<br /> '"'"-"��-:-; ; (d) There shall be lfled by ar agAinat Yructar or Borrower an actlon under any present or luture federal,etate or other
<br /> � 'd•�,. ..����", ,, stetute,law or regulatlon relatinp b bankruptoy.�naolvency or other rellef(or debtors;or there ahall be appolnted any hustee, _
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<br /> �,z�;,: reCelver or Ilquldalor ot Truetw or 8arrower or ot all or eny part of the Property.o�the rYnts,iasues or prollte lherYOf,or Truetor
<br /> �.; �;,_sY���Y�;CjY��� or Borrower ehpll mAtie any ge nerat ass�gnment for the benetit of credltora: —
<br /> (e)The sale,trenster, leaa�,aasignment.Conveyance or turther encumbrance of atl or any part o1 or any intereat In the
<br /> A���J�' ��'���; Property, elther voluntarlly or invoiuntar�iy, without the expreas�vrllten consent of Lender;p►ovided that Trustor shell be
<br /> �`�'"�� � ���,���>;, { ermitted toaxocute a lease of ehe PropeAy ihat does not conteln an optbn to purchase and the term ol whlch doea not exceed
<br /> _-'��:�. P _r
<br /> '''�=�:��'�' ona year,
<br /> ��7�t�•' -Y'� ° (� AbandonmeM ot the Property:or �
<br /> [�',:._
<br /> `=�'�,—��°�:k:•��. (��11 TNStOf IS I1Qt iO ffldlV IdUa�,the�mauence,sale,trenafer,asslynment,conveyance or encumbrence o1 more then a total .m=_
<br /> ='�4`=`" • p1 percent Of{11 a Co rporation)lin issued and oulstanding stock or(if a pa►inershfp)e total ot pe►cent of
<br /> [ht,�s .
<br /> ^c%�,.-r::. ,,
<br /> � partnerahlp IMereats during the periad thls l?eed ot Trust remelns a Ben on Ihe Property. _
<br /> ``"`"'1'"" 12. R�m�dNs;AoeN�ratlon Upan Qelp��ll.�n•he event ol any Event ol Delault�ender may,wdhout notfce except as requirod by
<br /> s�" � ' lew,deClare all lndebtedneas Becured hereby to be due end peyable and the same shell thereupon become due and payable
<br /> ��"''""•""�`� wlth0ut ony presentment demand, protest or not:oe ol any kind.ThereaNer Lender may:
<br /> �` � ' � (e)Oemand Ihat Trustee exercise Ihe P6WER OF SALE granted herefn,and Truatee ahall thereatter cause Trustor'a __
<br /> `�` fnterest in tha Property to be sold and the proceeds to be dlstributed,ali In the menner provided in the�lebraska Trust Deeas ,__
<br /> - Acx �t:.�
<br /> � � ' • (b) Exerclse any and a;1 nyhta provided ior m any of the Loan Inetrumenta or by law upon occurrence ol any Event of �+�=
<br /> patau�fi 8nd
<br /> {�� (c) CommencQ an acican Co torec'�osethis Deed o1 Truatas a mo�tgape,appoint a recewer,or spec►licelly enforCe any ot the
<br /> covenants hereot.
<br /> No remedy hereln conferred upon vr rese►v6d to Trustee or Lender is inlended to be excluswe ol a�y other remedy herein,fn the �.'s
<br /> - •��� Loen Inatrumenls or Dy law prqv�deG or perm':tod.but each shell be cumulatwe.shall be m nddlt�on ta every other remedy gwen �
<br /> hereunder,In the Loan Instruments or now ur nereaRer ex�st►ny at law or in equiry or by statute.and may be exercised concurrently, �r#}.T
<br /> � • indopendently or succeulvely. f ,
<br /> " 13.TrustM. The Trustee may res�gn al ony I�me without cause.and LPnder mgy at any tfine end without cauae appoint a
<br /> �' � ' eucceasor or subsueute Truatee Truatee shau not be hable lo any party.mclud�ng without Umdation Lender,Oorrowar.Trustor or any � .
<br /> - ° `' purchaser ot the Property,lor anr laes or�emage unless due to rockless o►wdtl�l misconduct.and ahall not be required to take any
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<br /> —"-�-�.:,,,:,.z_;;__, ectfon fn conneet�on wdh the enlc,roem�nt ol tn�s Oeed of Trust unless mdemnd�ed. �n wnUng,for all costs.compenaat�on or h
<br /> . . . . .. . . "----' �-_-__��.....�.....�...�e.....eln nf�I�a Prnnarfv/�uA1c191 Of �
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<br /> � -.. u � .. expenaes wrncn rnay oe assoaate�ma,n�r,m in aoun�a��.��aia�oo ivar um.v��.o a p.....................�-_.__.. _ . _�- . ,,. . - .-
<br /> -- � � under the power o1�ale granted he�e>n).postpone tne saie a�a11 or any portion ol the Prooerty.as prov�ded by law:or se11 the �
<br /> �, � - , Property as a whole.O��n SBpB�AtH p8rC8'S or lots at Tr�stee'�disCr@lion. t,
<br /> = 14.FN�wnd Enpintra.�n tha evenl7rustee sells tha Property by exerc�se of power ot sale.Trustee shall Oe enUtled to apply .
<br /> �-=t,, . _ ,. any sale prceeeds hret to payment o1 dtt�osts a^9 expenses ol exerCising peWer of salw mcluding w�1 Truatea's fees.and Lender's
<br /> ° . and Truatee'e etlOrney'9 tees,eCtuslty In�wte!!�O eKtent perm�tled Cy eppliCable Iaw.In the evenl Bw�ower or Tr�stor axero�ses any
<br /> . � right prov�ded by law to cu►e an Evant of'Je+ault.Lender shall be entitlod to recover frnm 7rustor all costs ancl erpenses actu611y
<br /> InCUrred as e resu�t ot TrustOr's db1�u1���udfnp w�thout limltatlon all Trustee's a�d attorney'S lees.to the extent permitted by
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<br /> '.'� pppllcable 18w. !
<br /> . ' 15.Fudlr�AdrBnCM.Upon requtrs!O1 Borrower. Lender mey,et rts ophon. meke edd�llonal �nd future edvanCes and re• ,
<br /> advanCea to Barrower.Suth udvOnCes arry readvanees.wlth�nterest ihereon,shall be secured by thfs Deetl of Trust.At no time shall
<br /> • the princlpal amount of thefndebtradnf�as secured by th�s Deed ol Trus�no���c�}��ma edvanced to protect tne secur�ty of th�s �
<br /> Doe�ol Trusf,excNd the orf�fn�l Arlmclpat Amount etetW herein.or S�_ whichever Is greater. (
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