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<br /> ' �F►aPKtY��o Yk�n a d�n�wrd,lanef�►Nall fNw qf�apdan,in M��oi�and�b�otuY dl�orMbn.b�pP�Y�I woh ProO��d�. _
<br /> '______.__ ofMr d�duaW+O�a^att co�M�nd�xp�n�t inaurnd by N M cann�atioe wNh wah ProoNd�.uPa►�!►�Marrd
<br /> ;�r - ly►Wy�nd In wCh adv�a L�nd�r may dNumin�,0►b apPly�il woh ProcMd�,a11M euch d�duoUorn�b th�nNoatlon o1111�
<br /> Y� prop�Ay upon wCh tondNbn�a�l.�nde nNiy dN�►min�.My RPp�laiUOt�of ProcMd�10 Ind�bMdn�Nwll not�xMnd o►po�aN
<br /> � Ihe du�daM of snY WymMq�unda th�Noa.or aun any dN�ult th�nt�or h�nund�r.My unapp�l�d 1und��haU b�pvd b _
<br /> _� Tru�io►.
<br /> _`•' s:r: c 0. h�lono��no�MI�MdM•Upo�th�occurnnc�of on Ewnt ol DMaufl t�'wrxN►�or N�ny�ol 1�frit�n ot N�1 ProaMdlnO
<br /> commrnc�d whlah matarialty attacts Und�rs Interoet In ths Prbperty.L�nd�r m�y in Ih own dl�arMian,but witl�out ob1lpK�lon bdo _
<br /> , w,and without notica to or demand upon Tru�tor and wlthout nls�sin�TrutWr tram any obllpatian,do�ny ut whlah Tru�tor has
<br /> ��_�n.,,t;i•�� aprNd but t�ib to do�nd n►ay aia do any oth�r aat It dam�n�c�se�ry to prot�ct fhs f�aurly Mnof.Trwtor�N.Imm�diaMly
<br /> upon d�m�nd thKSlor by l�rtder,p�y fo L�nd�r�II Co�b and�xp�n�Inournd and wm��xp�nd�d by L�nd�r in conrMOtlon wMh
<br />�� �•;.' �=-,':' +r�� th��xacist by L�nd�►of th�lorpoinp ri�ht�.Wg�th�r with Inbr��t th�non at th�dNault raw p►ovid�d in ttw Nob,whk:h�haA b�
<br /> �,�,{,:�-�.;;,;y;�:� add�d to th� Ind�bMdn��aur�d h�nby. L�nd�►shall not fnou��ny Il�billty b�oauN ot anylhlnp it rtNy do or omk b do
<br /> �:..�a{v,�•.eL::'� I�wnde.
<br /> —� . • -.••• 9. Has�r�pw�Aat�rlal�.TrWtor ah�tl kssp ths Prop�rty in aomPll�nc�wHh all appllcabl�law�,ordinanca and rpui�tlons
<br /> �,�"��".;'. A� '•. rNabn�to industrlal hyyl�n�or rnvira►mint�l probctlon(coll�cUwly rN�rrsd to hK�in a�"Envkonm�ntai L�w�").Tnisbr N�11
<br /> �;�. . ke�p tht Prop�rty hN lrom�II w6�tanc�s d�em�d to M has�rdous or toxio undsr any EnvironmaNal Lawr(coll�cHwry nlArnd to
<br /> cH
<br /> � t�erNn a F1aza�dous Mattriats'�.T�uator hKaby w�rrants arM npr�n�s b lsnda thu thK�an no Huardow IM�WiM�on or
<br /> �..,--_ und�►1M ProMrty.Tru�lor her�by��n�s to�nd�mn�b�nd fio�d harmless l�nd�r.Ib dir�cton,officen,�mptoyrNS and ap�nh,and
<br /> _,w.. any succsafors to Lendsr's interut,trom�nd apainat�ny and ail ctaims,dam�pss,loss�s and Ii�Wlitl�a�risiny in conn�ction with
<br /> • ~ tho prasance, uae,disposal or tr�nspo►t ot any Harsrdauc Matorlals on,under,trom or about th�Prop�rty.THE FOFiEQOINCi
<br /> • +"�Y'� "'!� WARRANTIES AND REPRE3ENTATIONS,AND TRUSTOR'S OBLIOATION.S PURSUANT TO THE FOREOOIN�INDEAANITY.SWILL
<br /> �'`�-•���•=-"�"" "`�� 8URVIVE RECONVHYANCE OF THiS DEED OF TRUST.
<br /> �"� �` 10.As�iqewn�t M RMb.Tru�tor h�ruby aulpn�to L�nd�r th���ntt,iuws�nd profibs of th�Prop�rty;provWod that Trwtor
<br /> . � . � ' sh�Ii,unGl ths occur��nca of an Ev�nt of Dehui!henund�r,haw ths ripht to coli�ct and ntain wch nnb,lssws and prot�u t�y
<br /> t � • bacome due and payable.Upon th�occurrencs of�n Evsnt of O�fauit,l.�nda may,Nther in p�non or by ap�nt,with or without
<br /> • ' �� brinpinp�ny acdon or procesdinp,or by a nceiver�ppolntsd by a court��d without�epard to the adeqwcy of ib wcurity,�nt�r
<br /> •, �;; upon and taks pot��slon of th�Proparly,or�ny part th�reof,in Ib own name or In the nams of ths T►usb�,�nd do�ny acb which it
<br /> � •- deems nscess+sry or de�irable to prsserve the wlue,mark�t�blliry or rentabiitty of ths Property,or�ny paR thenof or tntsrat 1h�rMn,
<br /> inc�ea�e ths Incom�tharetrom or proteot the�wcurity honot and,with or without takinp poaNSlon of th�Propwty,sw tor or
<br /> otharwlse coltect the rents,issue�end profits thereot,includinp tho�s ps�t dus and unpaid,�nd�pply fh�urtN,Nss cats ufd
<br /> � •. � dxpensea of op�r�don and collectlon inctudf�p attornsys'i�ss,upon any indebtedns�s s�aund hHWy.��I fn such ord�t as L�ndsr
<br /> • may determine.7he anterinp upon wnd takinp poasealon of the Propsrty,the coilecdon ot tuch nnts,laws and protfts�nd th�
<br /> � ' applicatlon thsroot as efonwid,shall not cure or waive any detault or notice of dsfRUlt h�r�und�r or invalidab any�ct dArn in
<br /> � (�:~. :. refponae to�uah dsfauit or purawnt to ouch notice of datault�nd,natwithstandln�th�continwnco in potss�tlon of ths Propsrtyor
<br /> . the collection,recslpt and applicetlon of nnb,tasu�s or profite,and TrusUa and Lender sh�ll b��ntlWd to�xercise every�lyht
<br /> -, -- --
<br /> -----^- --- provtded for in any oi the Loan in�truments ar by taw upon oacurrence at eny 5veni o!L�ete�sl�,inN��ding wlthout Ilmltatfon • t
<br /> . ... . .., _ .
<br /> �, to exercise the power of ale.Furthe�,Lender'e ri�hta and remedlea undar this paraqraph shail be cumulaUve wIM,and in no w�y a
<br /> � , timitation on,Lender's�Iphts and romedies under a�y assiynment of leasea and rents recorded ayalnst th�Property.l.Md�r,Trusts�
<br /> �nd!he receitier ahetl be Bable to acaount only tor those rents actually received.
<br /> 1 11,Ewnb of DMsuM.The toliowing ehai�conatitute an Event ot Default under this Deed of Truet
<br /> (a)Faliure to pay any instaliment of principal or interest of any other sum aecured hereby when due;
<br />- �:•,,,,�-� (b)A braach of or default under any provislon contained In the Note,this Deed ot T�u�L any ot tha Loan Instrumenb,or�ny
<br />' other Iien or encumbrance upon the Proparty:
<br /> � (c)A writ of ex�cutlon or attschment or any aimflar procets shali be enterad�painstTrustw which�halt becom�a Ii�n on
<br /> ,, the Property or any portlon thereoi or tnterest therefn;
<br /> � � (d)There thall be flled by or asalnst Trustor or Borrower an aation under any present or tuture tederai,state or odter
<br /> .� •�.��;" ststute,Ic►w or regulation�eiating to bankruptcy,insolvency or other rellet tor debtore:or there shall be appofnted any truatee,
<br /> �,, , recelver or liquldator of Trustar or Borrower or of atl or any part of the Property.or the rente,itsues or profits thereof,or Truator
<br /> or Borrower she�i make any generai assfgnment for the benelit of creditors;
<br /> � � ' (e)The sate,transier,lease,assfqnment,conveyance or tu�ther enoumbrance oi ali or any part ot or any interoat in the
<br /> • ; Property, either vduntarily or invoiuntarily, wfthout the express written consent ot Lender;provided thet Trustor aNell be _
<br /> � , ,, permitted to axecute a leaae ot the Prope►iy lhat doea�ot contaln an optfon to purchaae and the term ot whloh does not excMd
<br /> . ona year,
<br /> (�Abandonment of the Property;or
<br /> � � (y)It Truator ie not an indivldual,the ieausnce,eaie,trenster,assiflnment,conveyance or encumbronco of mo�o than a total
<br /> � of percent of(if a corporation�its issued end outstanding stock or(If a partnership)e totsl of percent of
<br /> � partnership Intereats dur►ng the period this Deed of Truat remafna a Ifen on the PropeAy.
<br /> 12.RNn�dN�;AceN�atlon Upon O�tault.�n the event ot any Event of Default Lender may,without notice except as requt�id by
<br /> �aw,deciare ait indebtedness secured hereby to be due and payable and the same shatl thereupon become due end payeble
<br /> i �� • ' ;• ; without any presentment,demand, protest or notice of any klnd.Thereafter Lender may:
<br /> (a) Demand thet Truatee exercise the POWER OF SAIE qranted herein,and Truatee shal!ihereafter cauae Truato�'s
<br /> * � � intere�t i�the Property to be so�d and the proceeds to be distributed,a�i in the manne►provided In the Nebraelw Trust O�eda
<br /> �, Ac�
<br /> - j (b) Exercico eny and all riyhts provlded for in any ot the loan Inatruments o�by law upon occurrance of any Event ot
<br /> � Oefaul�and
<br /> (c) Commence an actlon to foreclose this Deed of Trust aa a mortflage,appolnt a recetver,or specitically eniorce any otthe
<br /> ��-+' � covenents hereof.
<br /> } No remedy herein conferred upon or reserved to Trustee or Lender ia intended to I�e excluslve of any other remedy hereln,in the
<br /> �t,9. � Logn Instrumente or by Iaw provided or permttted,but each shali be cumuiative,shail be in addttlon to every other remedy�Iven
<br /> �•• �. � hereunder,in the Loan Inatruments or now or hereaker extstlnp at lew or in equity or by etatute,ond may be ox�rclwd coneurr�ntty,
<br /> ' independentiy or auccessivety.
<br /> ;,s�.��_ ,� 13.TrustN.The Truatee may reaipn at any time wNhout cause,and Lender may at any time and without cauae appolnt a �
<br /> ;�i�}�::'. �� succe�or or subatitute Trustee.Truatee ahall not be ti8bte to any party,inctuding without Iimllatton Lender,Borrower,Trustor or any �
<br /> ';������' . . purchiter ot the Property,tor any losa or damage unleas due to reckiesa or wilitut misconduc�and shell not be rpulred to take any
<br /> �'��;�� ' actlon In connection with the enforcement of thle Deed of Trust unless fndemnitled,In writiny,fo�all costs,compenaation or
<br /> �'i .rewn.ww whlch mav be aatocleted therewith.in additlon,Trustee may become a purchaser nt eny aate of the Property Uudical or
<br /> A;y�-�;� " � � under the power of salo yrented herefn);poatpone the saie of ali or any ponion ot tne Nroperry,as provided'oy iaw;or wii in•
<br /> __ '� T .�, p►oporty as a whole,or!n�eparate parceis or lota at Truatee's discretlon.
<br /> �`' 14. FN�and Exp�nN�.tn the event Trustee selia the Property by exerclse ot power ot wle,Trustee ahall be entlUed to appty
<br /> °��.6r,�
<br /> —__..� ,��..,± ,J,,,t.,�, ,r any sais proceedt tlrst to peyment of a�l coari and expensea oi exerclsinp power of sa�e,i�cludinp alt Truatee's tese,and LendePs
<br /> and 7rustee's attorney3 feas,actualty Incurred to extent permitted by appllcabie Iaw.�n the event Borrower or Trustor exerclsot sny
<br /> ����'""�" �"" ripht provid�d by Iaw to curQ an Event of Detauii,Lendar�hatt be entltled to recover irom Truator all costs�nd�zpen�s actually
<br /> - •;''•�' � inaurnd u a nwit ot Trustor'�do►auit,inc�udinp without Ilmitatlon ali Trustw's and attornvy's tus,to th��xt�nt p�rmitt�d by
<br /> ,::ci;s.:...� +iPDlic�bl�irw.
<br /> ,r„t;;�►u�=��° 1b. Fufuro Advsec�s.Upon requast ot 8orrower,Lendar may,at ib option,mak�additlonal and tutun�dvanc�s and ro•
<br /> �• advancss to Borrowsr.Such advances and readvances,with tnterest thereon,shali be secu�ad by thla Oeod of Trust At no tlme shall
<br /> th�princip�t�mount ot th�Indebtednsa�ecursd by this Oe�d of Tro�t,npt Inc�udin aums edvanced to protect th�secunty of thit
<br /> - M�d of Tn�d�XCbsd ths oriQin�l principa�amount stat�d harefn,or S 15•0�•� ,whiohov�Is�
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