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<br /> � 9. Nuardow Mat�rlat�.Tru�tor�hall keep tha Properly in aompUance with e�t epplioable�awe,ordlnanaea and reguiatlons
<br />=x- - �elaUn�to Udusnial hypiene or environment�l protsatlon(colieaqvety reterred to herein gs"Environmsntet I.sw�'y.rrustor ah�p -
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<br /> �i•: keepthe Properiyfraf trom ali subatances dsemed to be he=ardoutor toxio under any Environmuntut Lawa tao�����y rot�rrod to
<br />�: --- - - -- - --- hereln ne"H�nrda.+s M�,t�rl�la"�Truetor hereby warr�n�e and represents to Lertder 9hst thsrs are�o Huardous Ma4erfab on or
<br /> �� undor Me Property.Ttuatorhereby apreea W indemnity end hotd hsrmiete Lender.lb direoton,ofllC�n.empioyeeannd aO�na,and °-
<br /> ' � ` ""°` any succeauore to}.ender's Intere�t,lrom and aflelnst any and atl o�atm�,damepea,loaaea and IlabiliUes arlsinp in aonns�zUon with �
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<br /> -.;. the pressnce,uae,dlepoaat or unns�DoR of any Haseroous Materlals on.under,t�om or about th0 Propery. TH�FORLGOIN — - -
<br /> „ �,.�;� WARRANTIES AND REPRE8ENTATICINB,AND TRU8TOH'8 OBUQATION8 PURSUANT TO THB FOREGOINQ INDEMNITY,dMALL
<br /> {+;;,c�;•:•,:°�.;°r. SURVIVE RECONVEYANCE OF TH19 OEED OF TRUBT. _ -
<br /> ►�`��t��`�;��� 10.Mqpnrnmt of R�nb.Trustor hereby aseigns tn Lender the rents,feeuea snd proflts ot tha Property:provlded that Ttuator _`s"`
<br /> � ;_���.',';�•=�. , ,' sha�l,unUl the ocounence of an Event ot Oetauit Aereunder,heve the right to colleat and retaln sucA rente,lasues end proflte as they
<br /> ' <<r"-'�' � �-..' ' ��' become due and paya6►e.Upon the ocaurrenae of an Event of Default Ldnder may,either in pereon or by agent,with or without ;��
<br /> � �'�`""• `� ' �' brM8ing any aatlon or proaeedinq,or by a reoetver appointed by a couR and without regs►d to the adequaay of Ns eeourNy,enter _ _
<br /> .�wr� _
<br /> •f.:« � •• upon and ffike posaesalon of the Property,or eny part thoreof,in ita own neme or in the�ame of the T�ustea,s�d doeny aata whtah it 1 �,_�
<br /> " �" ' ":'•'':.' �, deema neoeseary or dealrable to preserve the vetue,merketabitity or renmbiiity ot the Proparty.or any paR thereof or{nteresttheretn, y�_ ,__
<br /> • " n, inarease the inaome theretrom or protectthe securlty hereoi and,with or without taking poseesslon oi the Properly,sue tor or ��_:,,�_��
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<br /> • ° otherwise coltect the�ents.Iasues and protita thereot,Inaluding those past due and unpaid,and apply the eame, lese coats and -�,�,��_:___.__.
<br /> expenaes of operation and colleaQon inaluding attorneys'fees,upon any i�debtednesa secured hereby,ali In suoh order as Lendsr •,_;�,,_
<br /> �ti��:-.
<br /> �, r ° • may determine.The ente�ing upo fi and taking possesslon ot the Property,the cotleation ot suah rents,iesues and proflts and the +. ., :, yr�,.;,
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<br /> appilaation thereot as atoresaid,ahall not cure or watve any default or nodce of defautt hereunder or invatidate any aat done In • .,;,`:?;�__
<br /> . responee to suah defauR or purauant to suoh noUce ot defauit and.notwlthatanding the aontinuanae in possessfon of the Propertyor � -;;�"�_—�---
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<br /> the collentlon,receipt and appllaaUo�ot rents,lssues or proflts,and Trustee and Lender shall be enptied to exercise every right _ _
<br /> ��J �� � � providediorinanyoftheLoanOocumentsorbytawuponoccurrenceotanyEventof0efauit,inciudingwithuuUi���ttationtiierightia -- - �__
<br /> exeraise the power of eele.Funher.Lender's rights and remedies under thia paragraph sheli be cumu�ative with,a�d in no way e '�m� �
<br /> •� ° Ilmitatlonon,LendersrlghtsandremediesunderanyassignmentotleseesendrenterecordedagainstthePraperty.Lender,Trustee • ° �,;���_.;�.�.
<br /> � " and the receiver shail be Iiabte to accoun t on ty t hose re n t a a a t u a l t y r e c e l v e d. , . ` `•';�'=��
<br /> 1 t. Ewnb ot Oetauit.The foltowing ahail conatltute an Event ot Detautt under thla Oeed ot Trusx • °
<br /> � (a) Faflure to pay any Instaliment of prinaipal or Interest oi any other sum aecured hereby when due: � •z•,�'��=
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<br /> • ` (b) AbreachotordetuuttunderanyprovisioncontainedintheNote,thlsDeedofTruat,anyoftheLoanOocumenta,orany � ��°._
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<br /> . " other tien or enaumbrance upon the Propertv; -�'_:
<br /> � (c)A writ of executlo�or attaahment or any simliar procesa sha�t be entered agalnst Trustor which ahall become a ifen on � ,��
<br /> ' the Property or any portlon thereot or intereat thereln; .
<br /> (d) There shall Ise 8led by or againet Trustor or Borrower an actlon under any present or tuture tederal,atate or other � .i� ;
<br /> statute,Iaw or reguietton re�eting to bankruptcy,Insolvency or other reiief for debtors;or there shail be appdnted any trustee, �
<br /> --" --- - rnceiver�r ilquldatar atTru�tor ar Sorrorrer or ot e!!or eny part of the Property.or the rente,lssues or protitathereof,or Trustor •
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<br /> " or Bonower sha�l make any generai asaignment tor the beneflt of creditora;
<br /> (e)The,sate,transler.tease,assignment,conveyance or turther encumbrance of all or any part ot o�any Interest in the
<br /> , , perm t ed t exeaule a lease�of the Prope'rty that da stnot conta n an pton o pu chase and the erm of which does not exceed t
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<br /> one year,' ,i, 4
<br /> _ __ r�► A1,wrxlnnment of the PropertV:or __._.
<br /> � �� (g) If T�ustor b not en Indlviduai,the isauance,sele,transfer,aesignment,conveyance or encumorar�ca uf�r�u�e t��aa a tatat ` ,r
<br /> „ ot,�_.percent of(If a corporation)ita issued and outstending atock or(If a partnerahip)a total of percent of
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<br /> p&rtnershfp Intereate d�tring the perlod this Deed ot Trust remains a Ilen on the Prope►ty. "��:r
<br /> 12. R�mectia;Accstsrotion Upon ONaul�In the event of any Event of Detault Lender may,without notice except as required by �
<br /> �aw,dectare all Indebtedness eecured hereby to be due and payabte and the same sha�l thereupon become due and payable ,, ,
<br /> � � without any preaentment,demend,proteat or notice of eny klnd.Thereafter Lender may: . _,r����_�_�
<br /> � interest ne he Pr perty o be sotd and the p oceeds to b dAs E buted,allhn t e me ner proveded fn the Nebraska T ust Deeds . �f�'.�`
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<br /> ' ,. (b) Exe►ciseany and alt rights provlded for in anyof the Loan Oocuments or by law upon xcurrenceof any Event otOefautt; ,
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<br /> (c� Commence an actlon to torea�ose this Deed ot Trust ae a mortgage,appolnt a receiver,or speciflcaliyeniorce any of the
<br /> covenants hereo}. be exciusive ot any other remedy hereln,tn the I � . ,.
<br /> No remedy hereln conterred upon or reserved to Truatee or Lender Is Intended to 1Ve� I _
<br /> �oan Documente or by iaw provided or permftted,but each ahall be cumutative,shalt be in additfon to every other remedy g
<br /> " hereunder,in the Loan Documents or now or hereatter exlating at taw or in equity or by statute,and may be exercised concurrently, �
<br /> . independentty or succe�ssivety. � �
<br /> 13. Trustee.The T�ustee may reslgn at any time without cause,and Lender may at any time and wlthout cause appolnt a
<br /> �� successor or subatitute Trustee.Trustee sha��not be liable to any party,Inciuding wlthout Ilmitation Lender,Bor�ower,Truator or any �
<br /> purchaser of ttte Properiy.fo�any loss or damage unless due to reckless or wilitul misconduc�and ahall not be required to take any �
<br /> acdon in connection wlth the eniorcement of this Oeed of Truet unlesa fndemnitled,In writing,tor all costs,compensatlon or i ,
<br /> ' expen8es which may be aesociated therewith.ln additlon,Truatee may become a purchaser at any sale of the Properry Qudlcial or
<br /> � ' under the power of sale grented hereln);postpone tfie sale of all or any portfon of the Property,as provlded by taw:or seli the
<br /> ; � Property as a whote,or In separate parcels or lots at Truatee's discrefion. ,
<br /> 14. Fess aed Expsnses.In the event Trustee se�is the Property by exerciae oi power ot eale,Truatee aha��be entltled to apply i
<br /> , any sale proceeda first to payment oi eIi costs and expenses of exerclsing power ot sa�e.lncluding all Trustee's fees,and Lender's ,
<br /> • and Trustee's attorney's tees.actually Incurred to extent permltted by appllcable law.In the event Borrower or Trustor exercisea any
<br /> � rtght provlded by law to cure an Event ot Oetau�t,Lender shall be entftled to recover trom Trustor aii costs and expenses aCtually
<br /> incurred ae a resutt of T�ustor's detault. Inctuding without Ilmftetlon ai1 Truatee's and attorney's tees,to the extent permitted by
<br /> applicabie Iaw.
<br /> 16. Futuro Advaneee,Upon request of 8orrower,lender may,at Its optfon,make addttional and tuture advances and re-
<br /> � advancea to Borrower.Such advances and readvances,wlth Interest thereon,sha�i be secured by thls Deed of Trust.At no time ahal�
<br /> -,r the princtpal amount of the i ndebtedness aecured by thls Oeed of Truet,not Including aums advanced to protect the securNy of this
<br /> -- -_ _.�._ �a,..r...e. nvnmt tho nrlelttpl ONf1CIDHl 9tItOUf1�818t6d F19f6Ifl,or$ 2 A0�0-00— whlchever la greater.
<br /> -.-- ._ . v" 18. Misceilaneoua ProviNon�.� �
<br /> ,� (a) Borrower Not Reite�ed.Extenston ot the time tor payment or moditicatlon ot amortizatlon ot the sums secured by thls
<br /> ', . ;.,. Oeed of Truat g�anted by Lender to any successor fn Interest of 6orrower shaif not operate to release.in any manner,the Ifabitlty
<br /> �, � ot tho original Borrower and Borrower's succesaors in Intereat.Lender shatt not be requlred to commence proceedings agalnet
<br /> } such succesaor or retuae to extend time tor payment or atherwfse modity emortlzatlon ot the sums secured by thls Deed of Trust
<br /> ;� by reason ot a�y dernands made by the orlglnal Borrower and Borrower's successora In Intereat.
<br /> �! ; . �' (b) L�ndtr'�Powon,Wlthout aNecting the Ifabftity of any other person Ilabie tor the payment ot any obltgatlon heretn
<br /> �; menNoned,and wlthout at(ecting the Ilen or chargQ ot thls Deed ot Trust upon any portton ot the Property notthen or thereto}ore
<br /> , � released as security tor the tuil amount ot alt unpetd ob�igatlons,Lender may,from time to tlme and wlthout notice(1)release any
<br /> , � oe reconvey,boe�'ca se to be e eatsed or re o veyed at any tlme at Lende ra pt on any Iparcei,�portlondor aU ot the'Pro'perty,
<br /> � (v)take or reteaae any other or addttlonal securttv tor any obtigatlon hereln mentloned,or(vf)make composttlona or oMer
<br /> arrangements with debtora In reiadon thereto.
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