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<br /> ---- th�Rroporty ia�o tsk�n or da�nspW�L�nd�r shalt hwa fh�aP�o»,In ib�ole artd�bic±lutt dUtcr�tion,to�ppty�N�uah Pno�d�,
<br /> �R�►d�duotinp th�rNrom ali aosb�nd�xp�r►aalnourrod by it In aonn�aUan wlth woA ProaNd�,�pon�ny Ind�bNdi�w Mcurnd
<br /> harby arid In tuch ord�r s�L�nder moy dsWrmin�,o�to apply�II�uob Proceedt,aRer�uch q�ducHom,to ths r�tor�tlon ot th�
<br /> - ----_s�`--� P�opertyuponwohoondltlons�sLsndermryd�mlrn.Arry�ppticatfonotPro�d�talnef�bM�dn�wNwilrtWaxi�t�i�rp�pa� � __
<br /> the due dets ot any paym�nb undsr th�Not�,or aurs any dei�uit therounder or hereundsr.Any untppli�d funda thall b�ptW to
<br /> - ._ -- - Yrunor. �,._
<br /> 8. P�t�t��by�r.Upon th�ooaurr�nes of an Ewnt ot Oshult h�nunder,or if any�at t�bk�n a bp�l prooMdln�
<br /> ,- commenasd whloh matedally�tteats Lend�r'�intsrest In the Rrop�rty,Lend�r may in Its own dlsontion,fout wlthoutoWlp�1lon bdo
<br /> so,and without rtotice to or demand upon'f�uator end wlthout releaslnp Truator irom any ablipa�on,do any aot whlab Trustor ha9
<br /> � apreed but talb to do and mey al�o do any other aot it deems neoesaery to protaat tha�sourity h�reoL T�uttor chali,imm�d��Wy
<br /> upon demand thorofor by Lender,p�y to Lender etl coats and expenees tnourrod and eums axpended by Lender In conmatlon wlth
<br /> tha exerafw hy Lender of the torepolnp riphte,topether with fnterest theraon at the defnutt��te provided!n the Note,whlah�h�ll be
<br /> '°` edded to!ho Indebtedness seaured hareby. lsnder ahnll �ot incur eny ilablliry beaauae of anything it may do or omit xo do
<br /> ��.
<br /> herounder. �.
<br /> .. 9. N�ardous Mat�riat�.Trustor shall keep the P�operty in compilance w(th al!appiicabte tawe,ordlennces artd�egulatlons
<br /> . - ��:;�;� ., retatin�to industtial hygiene or environmental protectlon(aoliectivety reterred to herein ae"Emlronmer►tal I.awe'�.Trustor ahait
<br /> �"Y�F� r�•�'�:''` ; keepthePropertyfreetrcmalteubatancesdeemedtobehezardousortoxiaunderanyEnvironmentalLnw3(collectivslyroferredto
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<br /> j , �y����-����;t;;�f,,,s� herein as"Flatardoua Materlats'�.Trustor hereby warrants and rapresenta to Lender thst there ere no Mar�nrdous Matedats on or
<br /> ' �.,�N'�.� ��• r under the Properg+.Truator hereby a4reee to Indem�Ny and ho�d harmtess Lender,Ita diractoro,of�cera,empfoyeea and apenb.and
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<br /> .'�J�`�:'"��';-`�::.` any succeasors to Lender'Olnterest,hom and againet any and ail claime,damapea,Iosaea end ItabtllUes adsin�In conneation wllb
<br /> '' ' " "'` ° the presence,uee;dlape�sal or tranapoR of any Huardous Materlals on,under,trom or about Ehe Property.THE F7REOOINQ
<br /> , ;.,,
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<br /> ��� WAHRANTIEBAN��tEPREBENiAi iON$,�iND i RU8 i Ofi'8 8BU8ATi8N8 PUiaSUANT TO THE FOREGOiNG tKDE�uSNITY.BY.ALi •
<br /> j��� .;'.�• "• 8URVWH RECONVEYANCE OF THi8 DEEO OF TRU3T.
<br /> ^ 10. Assi�nm�nt of R�nb.Truator hereby esalgns to Lender the rente,iseues and proflts ot the Property;provtded that T�uator
<br /> shell,unUl the ocourrence of an Event of Detault hereunder,have the right to coitect and retaln such rents.iesuea and protits ea they
<br /> become due and payable.Upon the ocounenca of an Event of Oefauit,Lender may,elther in pereon or by apenl,wtth or without
<br /> „ � bringing any eotion or proceeding,or by a reaeiver appointed by a couR and wlthout regard to the adequaay of its seourity,enter —�
<br /> upon and take posseaslon ot the Proporty,or any paR thereof,In Its own neme or in the name o}the Trustee,and do any acts wt►ich It
<br /> " � deems neaessary or desirabie to preserve the value,marketabllity or rentabiUry o!the P►operry,or any part thereof or intereatthereln,
<br /> ° ' inorease the income thereirom or p�oteat the seaurlty horeot and,with or wlthout taking possasslon of the Property,sue tor or
<br /> �. . �� otherwisn colleat the rents,lssuea and protits thereof,including those past due and unpald,and epply the same,Iese coats and
<br /> expenses of operaUon and coliectlon Inoiuding attorneys'teea,upon any Indebtedneas secured hereby,all in suoh orderaa Lender
<br /> may determine.The entering upon and teking posaesalon of the Property,the colleaUon of such rents,isaues and proflte end the
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<br /> appiloadon the�eof ae atoresaid,ahel�not oure or waive any detault or notice ot detault hereunder or invalidate any aot done in
<br /> -� fesponse to suah deiauii or putsuanf fo suah n6UCe oi�ietauii 8nd,�oiwithatandi�$ihe oon8nua�ce!n passsssEa�s at tha rapesty ar
<br /> � the colteation,reoeipt and epptiaation ot rents,lssues or protits,and Trusteo and Lender ehali be endtled to exercise every�IQht
<br /> provided tor tn any ot th8 Loan Instruments or by�ew upon ocaurrenoe ot any Event of Oefauit,inoiuding without Iimitation the right
<br /> _, C-, � to exercise the power ot sate.Further,Lender's rights and remedfes under thle paragraph ahali be oumulative with,and in no way a
<br /> ; � Ilmltetion on,Lender's rights and remedies under any aesignment of leasea and rents recorded agai�st the Property.Lender,Truetee
<br /> ,, :� •� and the receiver ahall be Ilable to aCCOUnt only tor thoae rents ectuelly received. —
<br /> - .-�-_--_,._. ._..___.---._ i i. a�enb vi ifei�ufi.'the�ioifowiug»i�aii c�t�ttGiutn au Evb�tt vf Oofdult ui�uoi ihib D883 Gf TruSt �°
<br /> - ... .. __.._
<br /> ” (e) Faliure to pay eny fnsfatiment oi principat or Interest of any other sum eecured hereby when due; ��.
<br /> (b) A breaah ot or detault under eny provision contafned in the Note,thls Deed af Trust,any of the Loan Instrumente,or eny �
<br /> �• other Ilen or enoumbrance upon the Properry; �'`'�„_
<br /> (o) A wrlt ot exeauQon or attaohment or any sfmiiar process aheil be entered against Trostor whioh ahall become a Ilen on _
<br /> the PropeAy or any pordon thereof or intereat therein;
<br /> . (d) There shati be tlled by or agatnst Trustor or Burrower an aatlon under any prdaent or tuture tederal,afate or othRr
<br /> statute,taw or regulation releUng to bankruptcy,insoivency or other reilef tor debtora;or there eheli be appointed any truetee,
<br /> .. � recelver or Ifquldator oi Trustor or Borrower or of all or any part ot the Property,or the rents,lasuea or protlts thereot,or Trustor
<br /> , or Borrower ehail make any genarai asalgnment for the benefit ot creditors;
<br /> (e) The eate,dansior,lease,aeslgnment,co�veyance or turther encumbrance ot aIi or any part of or any Interest in the
<br /> Aroperty,either volunterily or Invo�untari�y, without the express writton consent of Lender: provided that Trustor shatl be
<br /> permitted to execute a Iease ot the Property that doea not contaln an optlon to purchase and the term of which does not exceed
<br /> . one year,
<br /> (Q Abendonment of the Property;or
<br /> (g) if Trustor is not an indlvidual,the Issuance,sale,trensier,asafgnment,conveyance orencumbrance of more than a totai
<br /> , �
<br /> of percent ot(If e corporation)Its issued and outetanding atock or(!t a partnershlp)a total oi— percent ot
<br /> pannership interesta during the perlod this�eed of Trust remaina a ifen on the PropeAy. .
<br /> 12. Remedier.Acee�eretEon Upon Deteuit.In the event ot any Event ot Detault Lender may,wnhout notice except as requfred by
<br /> Iaw,declare ail tndebtednesa secured hereby to be due and payabte and thR same shall thereupon become due end payabte
<br /> • � without any presentment,demand,proteat or notice of any kind.Thereaiter�ender may:
<br /> (a) Demend that Trustee exerclse the POWER OF SALE granted hereln,and Trustee ahall thereafter cause Trustor's � ..
<br /> Interest in the Property to be sold and the proceeds to be dlatributed,all in the manner provided In the Nebreska Trust Oeeds
<br /> ACx
<br /> (b) EKercfsa any and ali rtghte provided for fn any of the loan Inatruments or by law upon occurrence of any Event ot
<br /> Detauit;and
<br /> (c) Commence an action to toreciose this Oeed of Trust as a mortgage,appotnt a receiver,or specltically entorce any of the �
<br /> covenants hereot, ,
<br /> , No remedy herefn conferred upon or reserved to 7rustee or Lender is Intended to be exciuslve of any other remedy herein,in the �
<br /> . Loan Instrumenta or by law provlded or permltted,but each ahali be cumutatfve,shali be In addition to every other remedy glven
<br /> � hereunder,ln the Loar Instrumenta or now or hereafter existing a!�ew or in equity or by atatute,and may be exercised concurrenUy, �
<br /> tndependently or successively.
<br /> 13. Ttustes.The Trustee may reafgn at any time without cause,and Lender may at any time and without cause appolnt a •
<br /> ' succeasor or substitute Truetee.Truatee ahalt not be Ifabte to any party.Inciuding without limitetion Lender,Borrower,Truator o�any
<br /> nurcna�wr et the Pronertv.tor anv loss or damaaa unlesa due to recklesa or wlllf ul misconduct and shall not be recufred to ffike anv
<br /> actlon tn connectfon with the entorcement ofthia Deed of 7rust unless fndemnitled,in writing,tor ail coats,compensation or �
<br /> ' expenses which may be sasocfated therewith.In additlon,Trustee may become a purcl�aser at any saie ot the Property�udlciai or
<br /> under the power ot sate pranted herein);postpone the saie ot all or eny portfon ol the Prop9ry,as provided by law;or aetl the
<br /> Property as a whoie,or fn separate parcels or lots at Trustee's df8cretion.
<br /> ' ' , 14. Fees end Expense�.in the event Trustee sells the Property by exercise ot power ot sale,Trustee shall be entitled to appty
<br /> - Any sale proceeds ilrat to peyment of all coats and expenses ot exerclsing power oi sale,including ail Trustee's tees,and Lender'a
<br /> and Trustee'8 attomey's fee8,actually Incutred to extent permitted by applicable taw.In the event Borrower or Trustor exercisea any
<br /> +F right provided by law to cure an Event ot Detault,londer shall be entttled to recover from Trustor alt costs and expenses actueliy
<br /> ' incurred as a reault ot Ttuator's detault,inciuding wlthout tlmltatlon ali Trustee's and altorney's feea,to the extent permltted by
<br /> ' appllcabie Iew.
<br /> � tb. Future Advances.Upon requeat ot Borrower,Lender may,at ita option,make additional and future advances and re-
<br /> advances to 8orrower.Such advancea end readvencea,with intereat thereon,shall be aecured by thls Oeed oi Trust At no time shell
<br /> ' the principal amount of the Indebtedneas secured by this Deed ot Truat,not tnctuding sums advanced to protect the security ot thls
<br /> Daad ef Tniat.exceed the erlq;nal orinctoal amount steted hereln,or$ whichever f8 greater.
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