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<br /> 1 ...�r . t:-_____ �._.. _.___ ' ..
<br /> �._____ —�_���al� � - ---__._' �'_:
<br /> � � 94- loi,�44 .
<br /> �WopKb W�o t�k�n or dMrMp�d.I.�ndK MwU INV�1fN q�YO�.kt Ns�oM snd abooiub di�orMlo�b b h►MI M�o11 N'ooMd�.
<br /> dN►d�dw�np 1h�nkom All aa�and�cPsn�s inc+urnd by R In oonnrolloo witl�woh ProoNd�,upon�ny�MM Mou�rd
<br /> I��by�nd in wah oreNr q L�ndr►mnY�min�.or b appiy�11 tuch P�oc«ds.MMr auch d�ductbn�,b Uw rnlnnlloti of Mw
<br /> prpp�ry upan Mroh conditlo�N p Lwidw may d�MrmM�a MY�PP�Ie�Mon of ProoMd�b InelrbMdnM��II not�xlM�d or po�O�M
<br /> li�dw d�M of�nY PiY�b uod�►1h�NoM.0►Cun�ny dMwlt th�rwndM or h�rwrldw.My urnppll�d hiald�N1W b�pld b
<br /> —:..�.,_f.,r,�..___� Try��h�f�e'iw^a bl►L�n�.Upo�tM accurnne�of�n Ewnt of DMaultlwr«x�d�r.or II any�at i�tak�n or iprl pron�dinp
<br /> commMCSd vrh�h n�Mrl�Hy�fNcls L�nd�r'�tnlwwt tr�ttw Pto�swty.Lwtidor may!n Ib own dlscreHon,but wlllfout d�11�Non b do
<br /> a.and wilhad n���o or d�m�nd upon Trustor�nd without rM�uinp TruMo►ftom any oblip�tlon.do any act wf�tch Y�uaor h�
<br /> - aQ�Nd but lalls b do�nd may atw do�ny Wh�►�at It d«ms n�c�ry W ProD�ct Sha�curity Mr�of.Tru�tor Nwil.ImnNdMMiy
<br /> -- — upon d�m�l tl�►Mor by L�xl�r,pey b L�nd�r�II was�nd�xp�n�s incu►r�d and sums�xp�id�d by L�nd�r In oor�tMOMon wHh
<br /> th��z�rcfM by L�nd�r of th�Iw�OWnfl riphb.toONhW wlth inbr�st th�non at th�dehult a1r provkNd in ttN NoM,whlch NwN b�
<br /> �dd�d�0 1h� k�d�bMdnM�Nound her�bY. L�ndM shaN �ot inaur any IIab11Hy b�caus�of�nyMtinp It may do or omit b do
<br /> hK�w�.
<br /> p. lluKdous�IaMd�la Trostor�I+ell kssp dw Property in compllance wifh sil�pplic�bio Iaws,ordin�nc�s and npulatlon�
<br /> nlatlnp to Mdwtrial hyqisn�or�nvlronm�ntat prat�cNon(colleati�►s�Y rMsrred W h�rNn u"Environm�nhl Laws'�.T�ta�II
<br /> � kMp the Property irM hom all wb�fanc�s d�rn�d to t»huardous or toxic und�r�ny Environm�nbl l.�ws(coil�adwly nNtnd b
<br /> h�Nn as"Haz�rdou�M�tKiats'�.Trustor hKSby warrenb and repn�ents to Lsnder that th�re an no Hu�rdow M�MtiNs on or
<br /> u�d�r qw Prop�rty.Truaor h�reby apnrs to Indemnity and hotd humleu Lend�r.Ib dincton,ofilcen,�mploy�and ap�nb,and
<br /> any aucc«wh to L�nd�r's intsrost,irom and�paimt any and�Ii claims,d�maqn.bsNS and Il�bilitNa ariWnp In conn�ctlon wNh
<br /> th�prarncs.uw,dispo�l or transpoet of any Huardous M�terkis on, undsr,hom or�bout th�Prop�rty.THE FOREOOIN4
<br /> -- WARRANTIES AND REPRESENTATION3,AND TRUSTOR'8 08LlOATIONS PURSUANT TO THE FOREOOINO INDEMNITY,8HALL
<br /> - StJRVIVE RECONVEY/1NCE OF THIS DEED OF TRUST.
<br /> 10_ Af�ipnn��nt of RM�b.Tru�tor h�raby ewipnt to L�nMr ths renb,issuss and proflb of d»Prop�ty;provid�d that T►ustor
<br /> sh�ii,untli th�ocaun�nc�of�n Event of De(�ult hsrwndar,havs the ripht to coiUct and rstain wch nnts,iawet and pro8ts s�th�y
<br /> „`,��;; � become dus and payabls.Upon the acournnc�ot�n Event of Delauit,Lend�r may,alther In psrson or by ay��t,wtth or without
<br /> brinpinp any aallon or proceedin�,or by a rscsiver appolnted by a court end without repard to the adoquacy of its eoourity,erita
<br /> • , Y�;t _ upon�n d a ke po s a s s i o n o f t h s P r o p e A y,o r a n y p a r t t h e r e o f,i n i t s own neme or ln the name oi th�T�ustee,end do any acb wh�h it
<br /> .•�: � •,�:�r� deems n�cess�ry or dssirable to preaerve the va�ud,marketabllity or rentability of tho Property,or any pert thereof or intsrest thsrefn,
<br /> V r;�r?".;�°�• � incrw�s ths incoms tharoirom or protact ths securiry horeof And,with or without taklnQ poassssion ot th�Prop�rty,we for or
<br /> - . ;�;��,t?:i�%;,��'' oth�rwise colieat the rents,tasues end profits thareof,includln�thoee past due and unpaid,and apply ths ame,laa cosb and
<br /> .•« .`-•r�'•�"� �xp�nass of op�radon and collection Inctudlnp attorneys'f�e�,upon any indebtedness�eoured h�reby,ali in such order u I.�nd�r
<br /> � ►.��,��:,, m�y deWrmin�.The ente►inp upon and takinp possesston of the Property,ths co�lection of euch renb,issues and profib and th�
<br /> �, ��-_�; , applicaUon thereot as aforosaid,shall not cure or waive eny default or notica of defauit hereundQr or invalidat�any aot don�tn
<br /> ':-.��,Jwa�+•�I. .�'`•
<br /> , ;,� ,� n r�sponae to such deteuit or purauant to such noUce of detoutt and,notwith�tendinp the conUnuance in pousssion of the Propsrty or
<br /> - '"•-+. th�coliection,recaipt and applicetion ot nnts,issu�s or profim,and Trustee and Lender shai�be entiUsd W oxercip every ripht
<br /> �i�:.• : . . . . p�pvidsd tor in any of the Loan Instrummts or by iaw upan occurrence oi any Evd�it�i�iauii,Incla iinp wlihaui lirs�ltstlon!ha r:plst
<br /> • • � to exsrclse tha power of sats.Further,Lend�r's riphta and remedies under thls parayraph ahalt bs cumulative with,and in no way a
<br /> �y � Iimitation on.Lender's riphb and remediea under any assipnment ot leasea and rents recorded ayainat tha Property.Lendw,Trustw
<br /> and the receiver ahail be Iiabie to acCOUnt only tor thoae rent�actually recetved.
<br /> . � . 11, Ev�nb of DMaulf.The 1o�towinp shall conatltute an Hvent at De(auit under this Deed ot Trust
<br /> ' (a) Faiiure to pay any Inetallment of principai or Interest ot any other sum secured hereby when due;
<br /> � (b) A breaah oi or delauit under any provislon containod in the Note,this D�d of Trust,any of the Loan Instrumsnb,or a�y
<br /> oth�r Iien or encumbra�ce upon the Property;
<br />�� . (c) A writ ot executlon or attachment or any afmliar procett shall be entered apainat Truetor whfch shail b�com�a Ilen on
<br /> ' the Properly or any portion thereot or Interest lherein; _.
<br /> � :i;,,_.,., (d) There sha�l be 81ed by or againat Trustor or 8orrower a�ection under any present or future tederal,�tate or other
<br /> 's� �� statute,law or re�utation refadny to bankrup2cy,inaalvcncy or other re�fef for debtors,nr thnrw shaU b�appotnt�d any trustes. _
<br /> °�., receiver or Iiquldator ot Trustor or Borrower or of all or eny pa�t of the Property,or the rent�,issu�s or profib th�r�of,or Trustw
<br /> or 8orrower ahalt make any yen�ral aesipnmant tor the benetit oi creditora;
<br /> i � (s) The sale,transler,(ease,aasipnment,conveyance or turther encumbrance ot ali or any part of or any tntenst in ths
<br /> . Property,efther voiuntarfly or invoiuntarfly, without the express written consent of Lender; provided that Trusta ahali be
<br /> ' " permltted to ox�cute a teass of th�Property that doea not contain an option to purchase and the term of whiCh does not excoed
<br /> one year,
<br /> (Q Abandonment of the Property;or
<br /> (q) (f Trustor is not an Individual,the issuance,eaie,transfer,assipnment,conveyance or encumbrance ot more than a totld _
<br /> of percent of(if a corporation)its fssued and outstanding atock or(i1 a partnership)a totel ot percent of
<br /> � partnership intereata durinq the p�riod thia Deed of Trust remalns a Iien on the Property.
<br /> 12. q�enrdi�s;AccNKation Upon DN�ufA In the Qvent of any Event of Defeu�t Lender may,without notice except as requfrad by
<br /> �'�'� "� law,declare ait indebtednees secured hereby to be due and payable and the same ahall thereupun I�ecome due and payatsle -
<br /> "�� without any presentment,demand,protest or not[ce of eny kind.Thareafter Lender may:
<br /> (a) Demand that Trustee exercise the POWER OF SALE granted herefn.and Trustee shall thereafter cause Trustor'a =
<br /> � Mteratt in the Property to be sold and the proceeda to be diatnbuted,all in the manner provlded In the Nebraska Trust O�ed� -
<br /> • Ac� .
<br /> '�� ` } (b) Ezercise any and all riyhts provfded for fn any of the Loan Instruments or by�aw upon occurrence of any Evont o} f
<br /> r
<br /> # Qefauik and
<br /> (C) Commence an actlon to foreclose thfs Oeed of T�ust as a mortgaye,appoint a rocviver,or apecifically enforce any ot tht
<br /> ' • covenants hereot.
<br /> No remedy herein conierred upon or reserved to Trustee or Lender is intended to be exclusive ot any other remedy herein,in the
<br /> , �� Loan Inatrumenta or by law provided or permitted,but each shalt be cumuiative,shall be in addition to every other remedy y►ven
<br /> . hereunder,in the Loan�nstruments or now or hereafter existinp at law or in equity or by atatute,and may be ezercfsed concurrently, __
<br /> ' independently or successively.
<br /> s 13. Trust�.The Trustee may re�iqn at any time without cause,and Lender may at any time and without cause appoint a •
<br /> successor or aubstitute Trustee.Trustee shail not be tlabte to any party.�ncluding without Iimitation Lender,Borrower.Trustor or any
<br /> purchaser of the Property.for any Ioss or damaye untess due to reck�ess or wf�ifut misconduc�and shal�not be requfrod to take any °
<br /> actlon in connectlon with the eniorcnment ot thfs Oeed of Trust unless indemnitied, in writing,tor aIi casts,compensatlon or
<br /> .�.�i..w......►,....,,..�,►..��n..oW��n i�Additinn rruseoa mav become a nurchaser at anv sale of the Property Qudlcfat or
<br /> --.- �-- - --_ 'v:.�::.:'................��__"--•-•----._.. . .
<br /> under the power of sate flranted herein);postpone the sale ot all or any portion of the Property.a4 providod by Iaw:or sell the
<br /> , Property as a whole,or in aeparate parceia or lots at Trustees discretlon.
<br /> 14. F�and ExpN►s�s.In the event Trustee selis the Property by exercise ot power ot saie,Trustee shall bFt entitled to apply
<br /> '� ° • any sale proceeds 8rst to payment ot all costs end expenses ot exerc►afnp power of saie,fncludinp ail Truatee's feea,and Lender's
<br /> ;� �nd Trustee'a attorney'a tees,actually incurred to extent perm�tted by applicabie law.In the event Borrower or Trustor exerciaea any
<br /> , ri9ht providod by taw to cure an Event of Default,Lender shall be entitied to recover from Trusto�ptl costs end expenses actually
<br /> ' �`' incurred as a row�t of Truitor's dQ(AUIt,includiny without limitation all Trustee s and attornoy's f�ea,to the axtvnt p�mittod by
<br /> . „ app�icable law.
<br /> 15. Futurt AdvancM.Upon request o4 Borrower,Lender may,at its opdon, make additlonai and luture advancea and re-
<br /> ' �� adrances t0 Borrower.Such Advancea and readvances,with intereat thereon,shali be secured by thfa Oeod ot Trust.At no time shall
<br /> ' the principal amount of the Indebtedness secured by this Deed of Trusx not tncludln suma�dvanced to protect the ascunty of this
<br /> . O�sd ot Trusf,exceed the oriylnel prinCipal amount atated herein,or S whichever Is preater.
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