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<br /> tM P►cP�rtY I��o Mk�n a dMn�p�d.L�n�Nr shNl h�w!M opllon•in M��ol��nd�b�oluM dNonYw�.b�pply NI woh Proo�N,
<br /> �1Mr d�ductinp MN►Nrctn�II ao�b�nd�xP�n�Incutnd by It In Conn�otlon wHh woh ProoM�N.upon any Ind�bMdr�Nound
<br /> �,.�.�,.�a�,won oroK..��+ay��•,o►m.a�r.11 suoh ProCa�d�,NNt/uoh d�duotNoM.�o a+..�awon a u�.
<br /> Prop«iy upon�uch condl b undK th�Noli.�ur an�dN�uN lMnundK��h�twntlK•My�n�DP�����
<br /> IM dw d�b of anY p�Y�
<br /> TnM1or.
<br /> — —� 8. p�rp�anc�py L�felu.Upon M�xcunenca of m Ewnt d DMwlt 1�rwndK.or II�ny aat w f�k�n a I�WI ProcMdinp -
<br /> commNiC�d whtah maMH�ily�fisQb L�r�r'�InMn�t in th�PropKty,L�nd�r may In la own dl�arNion.put w8hout oblip�tlon b dc
<br /> so,and without notic�b ot danand upon Trustor�nd without nlMWnp Tru�to�from�ny obllp�tlon,do any aat whloh Ttwlor h�s
<br /> aprNd but(afl�to do and may also do�ny othK aat It d«m�n�c�rN�ProUat th�s�curity h�not Tru�t�or shall,Imm�di�Miy
<br /> — ������py u�.ay a�.�d.r,u cous.,,a.xpe�,�t Incurrd md wm��xp�nd�d by L�ndK In conn�clbn witlt
<br /> tadd�d to�tM tixl�l�bdeMS Nau�id�h�r�� L�in shsU fnot incu�r�in�lsbitl�ty b�oauts�of�anythlnp+ i may do or omit to�ldo
<br /> - hK�undK-
<br /> '- g,N��r�ow M�M�i�M,Trustor shall k�sp ths PropKry in compiianc�wlth ail appilcab��laws,adlnanGS and rqut�tlon�
<br /> niWnp to indu�trial hypNn�or�nvironrrNntal prot�ntion(coli�atiw�y rN�rnd to h�nln a�"Environm�nG�i Laws'�.Tn�tot�hali
<br /> —=_=- - kNp the prop�rty irM from all wb�t�nc�s dNm�d to b�huardous a toxia under any Environm�ntal L�w�(coll�ctivNy nNtnd t�
<br /> herein�s"Hazudou�M�Uri�ls"y.Truswr h�nby warranu and npreanb to Lender that then are no Haiardous Mat�riaU on or
<br /> � ----- under the Propsity Tru�tw hersby aprs�s to Ind�mnNy and hotd harmiess Und�r,ib dir�cton,o8ica►a,�rnpioyNS and ap�ntr.and
<br /> �� °'- any succwswn to L.�nd�r's int�re�t�from and apNnst any and ali ctaims,damap��,loss�l and IlabilitlM��i�inp in connoOtlOn wNh
<br /> __�;, --- --- tM pn�sncs,uN,dispo�l or transpon of�ny Netardous M�tsrfals on,und�r,trom or about th� Prop�rty.THH FOREGOINf3
<br /> - , �� � WARRANTIBS AND REPRESENTATIONS,AND TRUSTOR'S OBUOATIONS PUFi8UANT TO THE FOREdO1N0 INDEMNITY.BHALL
<br /> � ��; '•��T''�":,�'s• SURVIVE RECONVEYANCE OF 7HIS OHED Of TRUST.
<br /> :. �.,•,„ ..
<br /> � �; �p,Ast{�nm�pt p1 p�nb.Tru�tor h�reby atsipn�to Londer the rents,issues and p�ofib of the Prop�Ay;provid�d duit ru�
<br /> �'�"°'.�'M'°�''� � shalt,untii ths xcurrencs of an Event of Defaulthenunder,have the rlpht to coll�ct and retain such rsnts,taua and proNts as th�y
<br /> �' " b�in�nfl any acUo or�prxe dfnp,orby a ncelver appointed by a court nnd witho t riepard t�h edsquacy ot i��curiry,ien er
<br /> :,tt-...•...,:';.,� .•-
<br /> upon and take possession of the Propertyr,or any part thsreot,in its own neme or in the name ot the Truttss,and do any acta wh�h It
<br /> ' desm�neces=ary or detirabie to preaerve the value,msrketabitity or rentebility oi the Property,or any p�rt thereof or Intenst thereln,
<br /> • ,;..�... �" Increaee the income theretrom or protect the eecuriry horeot and,with or without takinp posssuion of th�Propety,�ue for or
<br /> � �3 otherwlse coileat the renta,Iseuea and prolita thereof,Inciudinp thoae pest due and unpatd,and apply the same,less co�ts and
<br /> exponsss of oparation and collection includin�ettorneys'tees,upon any indebtedneea secured hereby,all in such ordsr as Lend�r
<br /> �� mey determine.The enterinp upon and takin�possession of the Property,the collection of auch renb,iswes and proflls and ttw .
<br /> apptic�tfon thereof es atoreaaid,ahall not cure or waive eny default or notice at default hereunder or invaHdatQ any act dons in
<br /> responee to such datault or purauant to such noUce ot defauit and,notwithatandinp the conUnuance in poasession of the PropArty or
<br /> - ,'.;�= ----= iiw eoiteatian,rccclp!�nd appllcadon oi rwnt�,�saues or proilu,and Trwtes and Lendar sha�l be enGtled to exercise evsry ripht
<br /> • provided tor in any of the Loen Instrumenta or by law upon occurrence of any Event of Oefauit,Inciudin0 without iimiution tho ripht
<br /> to exercise the power of aate,Funher,Lender's rlyhta and remedles under thia parapraph ahal�be cumutative with,and.in no way a
<br /> Ilmitatlon on,Lender's rlphts and remediea under any aesipnment of leases end renb recorded apainat the Property.l.ender.Trusts�
<br /> • �nd the recelver shalt be Iiable to eccount only for those rents actua�iy recelved.
<br /> 11. Ev�nb oi ONauit.The tollow(np ahall constltute an Event ot Detault under thla Deed of T�uet
<br /> (a) Faiture to pay any insfallment of principai or interest o1 any other aum secured hereby when due;
<br /> (b) A breach of or defautt under any provislon contained in the Note,thi�OQed of Truat,any of the Loan inttrumonts,or any
<br /> � othor�len or encumbrance upon the Property:
<br /> (c� A writ of execution or attachment or any simflar procesa shetl be entered aflainst Truttor which shalt Wcome a Iten on
<br /> �:,_ � tha Property or any portlon thereot or Interest therein;
<br /> ��. (d) Thare shall be flled by or agalnst Trustor or Borrower an action under any present or(uture federa�,state or other
<br /> :.t atatute,law or repulation relatiny to bankruptcy,Insoivency or other relfet for debtors;or there sheii be eppolnled eny trustes,
<br /> ; � receiver or Iiquidator of Trustor or Borrower or of all or any pa�t ot the Property,or the rents,iseuet or proffts theraof,or Trustor
<br /> or Borrower sheil make any aeneral a�siflnment for the benefit of creditors;
<br /> f� (e) The sale,transfer,Iease,assignment,conveyance or turther encumbrance of all or any part ot or any intereit in the
<br /> perm K oitexecutaua ea'��of the Prope irry that doestnot cor+tei an ptfon o pu chase andtheperm o which does not exceod
<br /> ' one year,
<br /> (� Abandonment of the Property;or _
<br /> (y) If Trusto�Is not an individual,the iasuance,sele,transier,assipnment,conveyance or encumbrance of more than a total
<br /> ,;�: .
<br /> '" • a( percent of(Ii a corporatlon)ita issued and outstanding stock or(if a partnership)a total of percent of
<br /> pert�ership interests durfnp the perfod thla Oeed of Trust remains a Iien on the Property.
<br /> 12, pan�dt�s;Accd�ratlon Upon D�Uut�In the event oi any Event of Default Lender rt�ay,without notice except as required by
<br /> law,deciare atl fndebtedness secured hereby to be due and payable and the same shall thereupon become due and payeble
<br /> without any presentment,demand,protest or notice ot any klnd. Thereafter Lender may:
<br /> (a) Demand that Truatee exercise the PflWER OF 5ALE granted herein,and Trustee shaii therealter cause Trustor's
<br /> Intereat in the Property to be sold and the proceeds to be distrlbuted,all fn the manner provided in the Nebraska Truet Deeds
<br /> '�. ACt,
<br /> , (b) Exeralse any and a�t riflhts provided for in any of the Loan Instruments or by law upon occurrenCe of any Event of
<br /> � Defaul�and
<br /> � (c) Commence an actian to foreclose this Deed of Trust as a mortpa9e.appoint a receiver,or�pecfNcelly enforca any of the
<br /> �., covenents hereof.
<br /> � No remedy herein conierred upon or roserved to Trustee or Lender is Intended to be exclusfve of any other remedy herefn,in the
<br /> . ' he eunder�n the Loan Instrumentseor noweomheeeafter existl p at law or n eqtuVty or by stetute,anld mey be e e c198d conCUr ent{y,
<br /> • � Independently or successively.
<br /> .. � 13. TnIHN•The Trustee may resiyn at any time without ceuse,and Lender may at any time and wfthout cause appoint a
<br /> euccesaor or substitute Trustee.Trustee sha�I not be Ilable to any party,fncluding without Iimitatlon Lender,Borrower,Trustor or any
<br /> ' ! purchaser of the Property.tor any Ioss or damage uniess due to reckless or wiiltut misconduct,and shali not be requlred to take any
<br /> � � _ aCtlon i�connectlon wfth the entorcemont ot this Deed ot Trust unlesswindemn{f;ed�i�e n'f`n�..fulwletthatProoertv(i dfClel Or
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<br /> 9XF16��6s whlCh m8y bB 8Se0Cieted tnerewiin.in auanwu, ���a�w���o�w......�.,..r........-_-'---�-. -- -
<br /> • i under the power ot aale yranted herein);postpone the saie of all or any portlon of the Property,as provfded by law:or sel�the
<br /> � � Property aa a who�e,or in separate parcets or lots at Trustee's dfscretion.
<br /> ' } � 14. F�t�nd Exp�nsN.In tt�e event Trustee selis the Properry by ezerclse of power ot sale.Truatee shall be entitled to appiy
<br /> � any�ale proceeds Sirst to payment of alt costs and expenses of exercising power of sale,inc�uding all Trustee's leea,and Lender's
<br /> . �� , ri�ht pf s�=ded by law to cu e ant Event ot De aut Lendereshali be ent ted t breco er from Trusto�all coata and ex�penles actualiy
<br /> . r incurred as a raauit ot Trustor's default,inc�udinp without Ifmitatfon all Trustee's and aKorney's tees, to the extant permltted by
<br /> �� % " appticable law.
<br /> 15. Futur�Advane�s.Upon requeat of Borrower,Lender mey,at fta optlon,make addltionai and future advances and re-
<br /> advanee�to Borrower.Such advances and readvances,with intere�t thereon,shall be secured by thia Oeed of Truet.At no time shall
<br /> ' the prfncipat amount of the tndebtedneas secured by this Oeed of Trust,not includinp sums advanced to protect the security ot this
<br /> '. De�d of Trust exceed the oripinal prfncfpal emount stated hereln,or S whichevar is yreater.
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