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<br /> �w�;,�„?�;:;r:;,`" 9. Nu�rdous IA�t�ts.Truator ahali keep the Property fn oompllanae with�II epplfcabls lawe,ordlno�ce�and r�qut�ttions
<br /> '.,.,},.,;..� � relaUnp W Industrlal hypiono or environments!protectlon tcoltestively referred to hereln e�"�nvironment�!L,�w�'y.Tru�tor�h�ll ��____
<br /> keep the P►opeRy free fram all substanoea deemed to ae hazardoutior toxia undsr any Envlronmsrihl Lew�(COII�otivNy v�b�tid to
<br /> '� `' �� hareln es"Hassrdous�Uterlat�").Truator he►aby warrante a�d repreaenu to Lender that thers ars no Heurdou�M�t�rlat�on or _
<br /> ��n�'` '�-"���� under the Property.Truaror hereby asrees to Indemniy and hotd hsrmteae Lender.ite dlreotore,omcere,omployoa snda�sMe.and � - - -
<br /> '"�', '' + any succoaaor�to Lende�s interost,hom and sgainat any and all atalma,damegea�ossea and Ilabilitiea arisinp In aonneoUon with _
<br /> y-��.,Y .. , TN�FOREOOiNA ` : - - -_
<br /> {l�.r'�,''�:::ti:,, the presence,use,disposal or tranapoR of any HatArdous Materisis on,under.(rorn or ebout the Properly.
<br /> •,�'�r-• = ' „� WARRANTIE8 ANO R�PRE3ENTATIQNS,AND TRU9TOR'3 OBLIOATIQNB PURSUANT TO 7HE�OREtiQIN01NDHMNITY,$HALL
<br /> - •f . .� ° SURVIVE RECONVEYANCE OF THIS DEHD OF TRUST. �_T_�-
<br /> ' :• 10. A9sipnm�nt W R�nb.Trustor hereby aesigna to Lender the rente,lasuea and proilta ot the Property;provtded that Truato� ____
<br /> '• ehall,undl tho occurrenceof an Event ot Detault hereunder,have the right to coileat and retaln suah rent�,issuesand proflte aa they ____ __
<br /> - become due and payable. Upon the ooaurrence of an Evant of Detault,Lender may,elther In peraon or by a�en4 wiih or without _:v
<br /> " 6ringing any aation or procaedlnQ,or by a reaeiver eppolnted by a aouR and without regard to the adequaay ot Its eeaurity,enter u
<br /> . u p o n a n d t a k e p o s a e s s l o n o f t h e P ro p e r t y,or an y partthereof.in Its own name or in the name of the T►uatee,and do,�ny aate whtah It ��.__-= --
<br /> • desms neceaeary or dealrable to preserve the velue,marketabltlty or rentebllity ot the Property,or any paR ther e o tor interea t t here in, �,;;-�;yW� _
<br /> ' Uorease the inoome therefrom or protect the seaudty hereof and,with or without taking poaseas ion o f t he P rope A y.sue for or �-_:-.-�Y�-°=`
<br /> � ° �� otherwise co�ieat the rente.Issues and profits thereof,inciuding those past due and unpald,and app�y the same. teas costa and ,.-�;�� � •--�—--
<br /> expenses of operadon and colleatlon inatuding attorneys'fees,upon any Indebtednesa seaured hereby,ali In such order as Lender ��?�:.
<br /> .''.�,_----
<br /> " • may determine.The entert�g upo�and taking pnsaeasion ot the Property,the aolieation ot suah renta,issues end protits and the :�_�_
<br /> eppticadon thereot as aforesaid,shati not aure or wafve any default or�oUce ot default hereunder or invatidate any act done In :°. :;�..__ _
<br /> ' " .• reaponse to suoh detaulto�pursusnt to such nodce of deiautt and,notwithstanding the oonUnuence in possessfon of the Proporly or .';::;,�_
<br /> �� � the n�ueotion,recelpt and aaallcatlon of renta,Isauea or pro fits,and 7rustee and Lender ahali be entltted to exeraise every dpht '°�y 1�°= - -
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<br /> providedforinanyottheloanDocumentsorlrylawuponocaurrenceotanyEventoiaainuH,inciudlr��witt�outilmliattar�ih8r�$Mia "`';�1, - -
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<br /> � ,r . exercise the power of sela. Purther,Lender's rights and remedles under this paragraph shall be cumuiative with,and in no way a -_N_
<br /> Ilmitatlonon,Lender'srlghtsandremedlesunderanyasslgnmentofleasesandrentsrecordedagalnstthePropeRy.Lender,Trustee " +5.�,__
<br /> and the receiver shall be Ilabie to account on►y those rents actually recelved. . � `���'
<br /> 11. Evenb of Osfa�t. The foliowing shall consdtute en Event of Detauit under thls Deed oi Trust , n,'-��
<br /> (a) Failure to pay any instellment of pdncipa�or interest of any other sum secured hereby when due; �_='"��;;.
<br /> (b) A breach otor defautt under any provision contained In the Note,this Oeed of Truat,any of the Loan Oocuments,or any •�r��
<br /> ' other tien or encumb�anrs upon the Propertlr: �
<br /> " (c) A writ of executlon or attaahment or any efmiiar proceea shail be entered against Truator which shall become a Ifen on ..-. -
<br /> the Property or anypo�lon thereot or interest thsrein; ,,,�p,i:-=_
<br /> (d) There shall be ffled by or against Trustor or Borrower an action under any present or future federal,ste,te or olher .', ,•��
<br /> atatute,taw or reguletion relatfng to bankruptcy,Insotvency or other rellet tor debtora;or there shaU be appointed any trustee, -,� _
<br /> �'- - -�-� - � recaiver or iiquidaiar vi Trubt�ir or 8orrowar ar of a!1 or any purt oi the Property,or the rente,ic+�ues or profitsthereof,or Truetor ,' , ___
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<br /> or Borro�ver ehall make any genera�asaignment for the benefit of creditors; '�°��°�`
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<br /> � (e) The�ea�e,transfer,Iease,asslgnment,conveyance or further encumbrance of ait or any part of or any Intereat in the • :r`,`^ -
<br /> Proporty,eithar volunterlly or invotuntarity, wNhout the express written coAsent ot Lender,provided that Trustor shefl be �;;,
<br /> �� permitted to executea lease of the Property that does not contaln an option to purohase and me term ot which doea not exceeci -:,-�:x.�- '
<br /> one year, r '
<br /> (Q Abandonment of the Prope�ty;or _ ��
<br /> (g) It Trustor isnot en Indlvlduai,the isauance,aele,tranafer,assignment,conveyance or encumbra�ceof more than a totet
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<br /> of.�_percent of(it a corporation) Its Issued end outstandtng stock or(if a partnerehlp)a totat of percent ot „ �"�
<br /> p8rtnershtp intereats dUring the perlod thls Deed of Truat remains a Ilen on the Property. ..
<br /> 12. RemKJter,Ac�eration Upon Oelsuit.ln the event of any Event ot Oeteult Lender may,without notice exceptas required by
<br /> law,dec�are alt fndebtedneas secured hereby to be due and peyabte and the aeme ahall thereupon beCOme due and payabie _ �
<br /> � . without any presentment demand,proteat or nottce oi any klnd.Thereatter Lender may: --
<br /> (s) Oemand that Trustee exercfse the POWER OF SALE granted harein,and Trust�e sha�l thereafler cause Trustor'e ��_.
<br /> ' interest in the Praperty to be eotd and the proceeda to ba dtstributed,a��in the manner provlded In the Nebraska T�ust Deeds °��
<br /> AC� � -�
<br /> • (b) Euercise any and a��rfghts provlded tor In anyof the Loan Oocuments or by lew upon occurrence of 8ny Eventof OeiBUtt; ';;' `,.
<br /> end � . .._.- ,i
<br /> (c) Commencea�action to toreclose this Oeed of Trust as a mortgage,appolnt a recelver,or apeclticellyentorce any of the .
<br /> covenantB hereof.
<br /> No remedy hereln conte��ed upon or reaerved to Trustee or Lender ls intended to be exciusive of any othar remedy hereln,in the t - �
<br /> Loan OoCUmenta or by law provided or permitted,but each ahatl be cumuiative,shali be fn addition to every other remedy given
<br /> hereunder,in the LoBn OoCUmenta or now or hereaiter exiating et law or fn equiry or by statute,and may be exercised coRCUrrently, �
<br /> indepondently or successive�y.
<br /> 13.Trustse.The Trustee mey resfgn at any time without cause,and Lender may at any time and without csuse appoint a �
<br /> auccessor or substituteT�ustee.Trustee ahail not be liable to any party,inctuding without�Imitatfon Lender,Borrower,Truator or any
<br /> � purcha8er of t17e PropeAy.tor any losa or damege unless due to recklesa or williul misconduct,and sha�l not be requtred to take any �
<br /> action tn Connectlon wlth the entorcement o(thie Deed ot Truet unleas indemnified,fn wrlting,tor aIi Coate,compensation or �
<br /> expenses whlch may be aesocfated therewith.In additfon,Trustee may become a purchaser at any sete of the Property QudiCfa�or ;
<br /> under the power of sele granted hereln);postpone the saie ot all or any portion ot the Property,as provided by lew;or Seli the ;
<br /> � Property 8s a whote, a I�eeparate parcel8 or Iots at Trustee's dtscretlon.
<br /> 14. FeQS and Expense�.In the event Truatee setis the Property by exercisa ot�ower of sale,Truatee ahall be entitled to appiy ,
<br /> any sale proceeda tirstto payment of all costs and expenses of exercis�ng power ot sele.Including all Trustee's feea,and Lender's
<br /> and Trustee's attorney'etees,actually fncurred to extent permitted by applicable law.In the event Borrower or Truetor exercises any
<br /> rlght provided by law to cure an Event ot Defeult,Lender shall be entitted to recover trom Trustor atl costs and expenses actuatiy
<br /> " incurred as a resutt of T�ustor's default,inctuding wtthout Ilmitation ail Truatee's and attorney's feea,to the extent permitted by
<br /> appitcabte Iaw.
<br /> 1b. Future Advancas.Upon request of Borrower,Lender may,at its option,make additlonal and futureadvances and re-
<br /> advances to Borrower.Such advancea and readvances.wfth Intereat thereon,shell be secured by this Deed of Trust.At�o tlme shall
<br /> the principa�amount olthe Indebtedness aeourod by this Oeed oi Truat,not tnciuding sums advanced to protec►the seCUrlty a(thia
<br /> . , ���u,�.,,.i,.t....t...I....�.�ul mm�unt ntatad harwfn.or$. 15p_01010_A0 -WhICh8v0f i8 9f8810f.
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<br /> 18. MI�celleneousP�ovi�lons.
<br /> i� (a) Borrowe�Not Released.Extenai�n of the tlme for payment or modification ot amortlzation oi the eums aecured by thts
<br /> , �eed ot Truat graMed by Lender to any successor in tnterest ot Borrower shall not operate to reiease,In any manner,the ifabtiity
<br /> � � � ot the orlginai Borrower and Borrower's succesaors tn interest.Lender sheti not be requfred to commence procaedfnga agalnst
<br /> � : such succesaor onefuse to extend tlme for payment or otherwlse modlty amortlzation of the sums secured by this Oeed of Trust
<br /> ' ',± by reason oi any dernanda made by the original Borrower and 8orrower's successors In intereat.
<br /> (b) Lender's P�wen.Wlihout aNecting the Ilablifty of any other person Ilable tor the payment of any obltgatton herefn
<br /> - mentioned,and wiihout aNecting the Iien or charge ot thls Oeed ot Truat upon any portlon of the Property not then or theretotore
<br /> . � �eleased as aecurNy tor the tuil amount ot ail unpafd obtigations,Lender may,trom tirt�e to time and wfthout notice(f)release any
<br /> � ' peraon so tlab�e.(IQ extend the maturlty or alter any o}the terms of any such obtlgatlona,(Ift)grant other indutgences.{fvf reiease
<br /> � �,• or reconvey,or cause to be reieased or reconveyed at any tlme at Lender's optlon any parcel,portion a att of the Property,
<br /> (v)take or relaase any other or additlonal security tor any obligatlon hereln mentfoned,or(vf)make compositfons or other
<br /> '� . arranpements wtth debtors In retatlon thereto.
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