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<br /> 94- io�s
<br /> n��.a�� .`�:,::"�ee,,�°"'�,��,�..�.�r°'''�,a�..��:a
<br /> P�h►upon woh oondlYoe»W�LMid�ry d�Nrml�� ����� ��oMd�b In W1��dny��hW�Ot�xMnd a�PoMpaw
<br /> Ih�dw d�N of�ny MYm�^b undK qw NoM.a oun anY uM tlMrw�d�r a hK+undn.Any un��Wd fw�ds Nwll b�p�ld b
<br /> Tr�����6MdN.Upon 1M occutanw oi�n Ewnt ot ON�uR?wnund�►.a If any�ct i�Wc�n a Ip�l prooMdlnp
<br /> - co+nmanced whfoh n�M�i�lly�fNcti L�nd�r'�Ina►Nt In Ih�P�op�AY.Lmda may In itt own t11�erMlon�bul without ob1lWNon b do
<br /> ° �o,�nd wtthout noUc�to a d�m�nd upo�Truqo►�nd wlihout tNNNnp Tro�Wr ttom�ny oblip�tlon,do�ny aat whfch Trustor hw --
<br /> a�n�d but hils to do and may�Iw do any oth�r sat It d»m�n�ary to ProMat 1M s�aurity horwf.Vualor sh�ll.Imn�eNaMly
<br /> upon d�nand thKNor by L�r,p�Y to L�ndw�II co�ts md�xp��Incurnd snd sum��xp�nd�d by l�d�►In conn�ctlon wllh
<br /> � th��x�ralN by L�neNr of th�lorpolnp ri�hb,top�th�►wlth Inurat 1hKwn�t tM d�fault nt�provld�d in th�Noa,which sM116�
<br /> add�d b th�tnd�bMdn�s�aund h�r�by. L�ndw shNl �a Incur�ny IlaWllty b�o�uM ot�nythlnp It m�y do or omit b do
<br /> — h�rwndw.
<br /> g, ll��dous Ma1�riN�.Trustor�hati kMp th�Propwty ln compti�nc�wlth all applkabN laws,ordlnancp and�pulatlons
<br /> r�i�tlnp to indu�trlat hypfon�or�nvironm�ntat prot�atlon(coll�ctivNy atarrad w h�r�ln a"Envi�onmentsi Lawi'�.TrusVx shNl
<br /> k�ep ttu Propsrty frN from ail suWync�s dNm�d to be hu�rdou�or toxfc und�r�ny Envlronm�ntal Lavn(colNcdwly�N�rc�d to
<br /> h�nin a�"Hazardous M�ttri�ls").Tru�tor hu�by wurants�nd��prste►ts to Und�r that th�r��rs no H�zardous Mat�rlatt on or
<br /> -- — undK ths Prop�rty.Tru�tor hsnby ayre�s to ind�mnity and hold h�rmias L�nde,ib dlr�ctors,oHicen,�nployNS�nd ap�nb.and
<br /> u_�� ----- any auccessors to Lender's interat,from�nd�patmt�ny and ait cl�im�,d�m��M,lo�as�and Il�biliWs utsinp In eonn�c�lon with
<br /> � � th�pr�nc��u�s,dlspowt or tnnsport qf any Haurdous M�terlals on,under,from or about th�Propsrty.THE FOREQOINCi
<br /> �- WARRANTIES AND REPRESENTATION3,ANO TRU3TOR'S 08UOATIONS PUf3SUANT TO 7HE FORE(i01NQ INDEMPIITY,BHALL
<br /> ' �., , 3URVIVE RECONVEYANCE OF THIS DEED OF TRUST.
<br /> �1tt?�.:�.y�:x: 10.Asdpnn�t d R�nb.Trustor hersby a�sipn4 to Londar the rents,ia�ues and profib of the Property;provid�d that Trustor --..
<br /> �k,,iti�a�r:�::; R .:y sh�ll,unUi th�occurnnce of an Event ot Detault hereunder.havs the riqht to coli�ct and►steln such nnb,Iasws and profib u tMy
<br /> � :�+�'r::-,� Y�,'�+:.�, b�come due and payable.Upon th�occurr�ncs of an Ev�nt of ONauit,Lender mRy,either In person orby spent,wtth or without
<br /> �' , brinpinp any AcUon or proceedinp,or by a nceiver appointsd by a couR and without repard to the adequacy ot iU s�curity snbr
<br /> . ,,.,,:.,..,,�,. „ .
<br /> • �;,s��,�";;;lt . upon and taks posssesion of ths Proparty,or any part th�reof,in its own name or in the name ot the T�ustee,and do any acts which It
<br /> a deems nsceseary�r desirabls to prossrve the v�iue,marketabliity or rentabitity of ths Proporly,or any par►therwf or Interut thsrNn,
<br /> �' •<• increa�e the income iheroirom or protect the eecuriry horeof and,with or without takiny poues�lon of th�Property,sw tor or
<br /> - � : ..�:� otherwlae coliect the rents,Issues end proflts thereot,inctudinq lhose pa�t due and unp�td,and apply tha�ame,lsss co�b and
<br /> . . .; exponees of op�ration�tnd collection Inctudinp attorneya'fees,upon any indebtedneas secured hereby.�II in fueh ador et L�nd�r
<br /> " mty determine.The enterinp upon and takinp poasession of the Property,the cotlectlon of such rents,hsue�and p►otib and th�
<br /> �� appticaUon thereof As aforesaid,ehall not cure or waive any de(suit or�otice ot detault hereunder or Invalldat�any�ct dono in
<br /> respo��e to tuch default or pursuant to auch notice ot detault and,notwithstandinp the conUnuance in poueaslon of the Prop�rty a
<br /> • " the collection,receipt and appllcaUon oi nnts,iauss a protits,And Truatee and Lender thell be entiWd to exerciss ev�ry ripht
<br /> _. -- -..-___._—--= Fro�rl�ed for in nny of the Loen Instrumonb or by taw upan occurrence of any Event of Delault,Includlnp without Iimltation th��lyht
<br /> to ezercise tho power ot aats.Furiher,Lendsr'�riphts and remedies under this parayraph sheli ba cumuative with,and in no w�r a
<br /> • Itmftation on,Lender's riphts and romedfea under any aaslpnment ot Ieasas and rents recorded pai��t th�P�operty.Lsnder,TrustN
<br /> and the receiver shall be I{able to account o�iy for those►enta actualty recelvetl.
<br /> � 11.Ev�nb of DNau�.The tollowfnq aha�l conetitute an Event of Defauit under this Deed ot Trust --
<br /> ":� (a) Faliure to pay any Instattment of princfpet or intereat of eny other aum seaured hereby wtwn due;
<br /> � (b) A breach of or defeult under eny provlslon contatnod fn the Note,this Oeed ot Tiust,wny af th�Loen Instruments,or any � _
<br /> • � , other Uen or encumbrance upon the Property; 6°
<br /> '" " (a) A wrlt of exeoution or attachment or any simliar process shAli be entered apainst Truator whlch ahall bacome e lisn on
<br /> �E: th�Property or any portfon thereof or intereat thereln; e�
<br /> l�' , (d) There ehall be tfled by or ayainst Trusto�or Borrower an actfon under any preaent ar tuture tederal,state or other
<br /> ;;•a , atatute,law or regufation�eletiny to be•ikruptcy,insolvency or oiher rallef for debtors;or there shallbA eppolnted eny trustee, _'
<br /> � A recelver or Ilquidator o!Trustor or Borrower or ot ell or any part ot the Property.or the renta,iasues a profits thereof.or Truttor �..
<br /> or Borrower ahall meke any general asslynment tor the benef�t of creditors; �_
<br /> (e) The saie,transfer,Ieaae.assiynment,conveyance or turther encumbrance ot all cr any pert of or any interest in the `
<br /> Property, either voluntari�y or Invoiuntarlly, wtthout the express written consent ot Lender, pro�ided that Trustor ahal�be �
<br /> permftted to execute a lease of the Property thet does not contain an option to purchase and the term of which does no!exCeed _^
<br /> �_ one year -
<br /> (q Abandonment of the Property;or -.��
<br /> (�) If Trustor is not an Indivldual,the issuance,sa1e,transfer,assiynment,conveyance or encumbrance ot more than a total -
<br /> o} —percent of(If a corporation)its issued and outstanding stock or(if a partnenhip)a totat of percent of ��
<br /> � pertnerahfp Interests duriny the period thts Deed of Trust remains a lien on the Property.
<br /> 12. R�m�di��;AccN�r�tton Upon ON�ult.In the event of any Event of�etault Lender may,without notf ce except as requlred by
<br /> law, declare el�indebtedness secured hereby to be due and payable and the seme shall thereupon become due and payab�e
<br /> without pny presentment,demand,protest or notice ot any kind.Thereafter Lender may:
<br /> (a) Qemand that Trustee exercfse the POWER OF SALE granted herein,and Trustee shail ihereatter ceuse Trustor'a i
<br /> , Intereat In the Ptoperty to be sold and the proceeds to be diatributed.ail in the manner provided in the Nebraske Trust Deeds
<br /> • Act;
<br /> '� (b) Exerclse any and all riphts provided tor m any ot the loan Instruments or by Iaw upon cecurrence of any Event of
<br /> � Uefaui�and
<br /> `` (c) Commence an action to foreclose th�s Deed of Trust as a mortyage.appoint a recener,or spec�fically enforce any ot the �
<br /> covenants hereof. .
<br /> No remedy herein conferred upon or reserved to Trustee or Lender�s�ntended to be excius�ve of any other remedy herein,in the
<br /> Loan Inatruments or by Iaw provided or permitted,but each shall be cumulat�ve,shall be�n addit�on to every other remedy given •
<br /> hereunder,fn the Loan Instruments or now or hereafterexistinq at iaw or m equity or by statute.and maybe exerCfsed conCUrrently.
<br /> Independently or succeasively. �
<br /> ' 13. TrustN.The Trustee may resign at any time w�thout cause,and lender may at any t�me and wdhout cause appomt a
<br /> . ; � auccessor or substitute Trustee.Trustee shali not be tiablc to any party.inc�vC�ng without limitatfon Lender,Borrower,Trustor or any
<br /> purcheser ot the Property,tor any loss or damaga unless due to reCkless or wiiltul miaconduct,and aha�l not be requfred to take any
<br /> action in connectlon witl�the entorcement of th�s Oeed of Trust uniess mdemnified,in wnting,for ail costs,compensation or
<br /> � ' � 1 expemes whfch may be assocfated therewith.in arid�twn.Trustee may become a purchaser et any sak dt the Property Qudiclal or
<br /> - _._��., ...•:.....,t t�,o ar.,nwrtv as orovfded bv lew:ot t@II th@
<br /> . . .�.--� � ut1Ce�ttle POWe�oi sais yranieo iiarai�ij.NvSiFrGi�v i�o bfl�o...a�...::�j r�.•.-..-. ..._ . ._._ , . .
<br /> � P Property as a whole,or in separate parcels or Iots at Trustee's dlscretiqn.
<br /> j • 14. FMS and Exp�nsN.In the event Trustee sells the Property by exercise of power of sale.Trustea shali be entitled to apply
<br /> � '.` • any sale proceede tirst to peyment of ali costs and expenses ot exerc�sfng power of sale,inc�uding a�i Trustee's tees,and Lender'a
<br /> � • end Trustee's attorney's fees,ectuelly incurred to extent perm�tted by appiiceble law.In the event f3orrower or Trustor exercisesen��
<br /> ; rfpht provided by Iaw to cure an Event of Detauit,Lender shall be entitied to recover from Trustor ail costa and expenses actualiy
<br /> Incurred as a resuit of Trustor's de(ault,includtny wdhout limitqtion ail Truatee'8 end attorney's(ees,to the extent perm�tted by
<br /> � appliCeble iaw.
<br /> � 15. Futun Adwr1CN. Upon request of Borrower, Lender may,at�ta option,make additio�al and future advances and re-
<br /> advances to Borro«er.Such advances and readvances.wdh interest thereon,shail be secured by th�s Oeed of Trust.At no t�me shall
<br /> + the princfpai amount ot the fndebtedness aecured by th�s Deed of Truat,not mc�udinq�ums advanced to protect the secunty ot this
<br /> ' • D9sd ot Trust exceed the orfyinsl princlpal amount atated here�n,or$ whichever iS great�r.
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