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<br /> -�'����+ 9. HRxa��oua Md�b,Tru�tor ah�ll tceop tho Proporty in compltance wlth aH eppllcabia lav+s,ordinancoa e�d rb�ui�Ur���a � --�------ ---
<br /> '�:;����+' nlRtinp to Indu�trl�i l�ypi�ne or�n�lronmmtal proteotion(eotteativeiy raterred to hers�n as"�nvironmentat Laws"j..Ttuatot ef9ali --
<br /> �,•�,�;� � k�ap ths Ptaporty trao Irom�II eub�Utntset dOmm�d to bo haaardous or toxia under any Envtronm�ntal Lewa(cofleaqvA�y tot�rr�d to �__
<br /> ��`���� hersln a"Haasrdoua Meterl�lo").Trustor hereby wArrenta and represent�to Lender that there are no H�arddus Matedais qn or �
<br /> --z;.�.T=�.-.
<br /> � .. - undor Ih�Propariy,Truotor hdreby aflresos to Indemnty and hotd harmiess L�ndar,Its dlreotara,of�cere,emp�oyees end a�ento,en0 --
<br /> :,,-,..... :. _
<br /> qy euacasaore to LondePs intereat,from end ageinet any and all cisima damaaea,toases and Itabpitlo�arlsin0 In conncabon wtth =__--
<br /> � .._:, _
<br /> ° ;,�,.:; • �, � �.�. ----
<br /> :��f�. the raaance,use,dfepo�sl or trantpurt ot nny HezePdous Materlats on.under,trom ar ebout the PropeAy.7HE FOREGOtN4 _
<br /> ___ WA�RANTIESANDREPREBENtAT1AN8,ANDYRUBTOR'808UQATIONSPUR8UAAfT7bTH�FORE(iOWt3iNDEMNITY,gNA1.L ---r��'
<br /> . . . ,'�W, SUIiVIVE RECANVhYANCE OF T6118 OEEO OF TRUST. �_�__
<br /> �_- ...��.__---
<br /> 10. Atalpnment o!Ren1e.Truetor horoby essigns to Lender the rents,Isauea and pronts of the Properry;p�ovided that T�stor °' �
<br /> .r ehall,untli tho ooaurronoe ot an Event of Cotauit hereunder,have the righ��o callect and retain auoh renta,issues and proflts as thoy ��`-
<br /> beaome due end payt�ble.Upon the oaourrenae of an Hvent ot Defautt,Lea►der msy,eiiher in pe�son or by agent,with or wlthout r�r�°'°'--
<br /> �,._
<br /> �- .- • �: -
<br /> . , brinpinp any octlon o�proceadinq,or dy e reoefver appointe�l by a cou►t and wlihout regerd to t�e edeyuscy ot it8 sBCUrlty.anter �N,•�; ____ _ _ _ _
<br /> , upon and l�ko paaeoasion ot the P�operry.or dny paR therec�,in ita own name or!n ehe name ot th�1'�uateo,and do any aats whloh ft _
<br /> deems neaeBetsry Ar dosirab►e to preaerve the va�ua,merketability or�entsbl�dty of the Proper{y,or any part thoreof or intereat therein, __,.
<br /> inarease the incomo therotrom or proteot the aecurity hereof a�d,wlth o�without taking poasassion aT the Praperty,t►�aa for or _
<br /> otherwtae aolfoat tho rente,Issuee and protite thereoi,inaluding those past dua and unpald,and apply the same.tesa cos4s and ;�—�
<br /> expanees o!oporation and ao�IeaUon inoluding attomeys'tees,upon any Indebtedness secured hereby,ait In euah order es Lender �;,.,,�,ry:_,___
<br /> may determine.The enterinp upo�and takinp possesston of the Property,the colleoUa�oi auch renta issuea and p►oflts and the � T-
<br /> eppltoatlon t hereo f es 9 toreea i d,a he l l n o t cu r e o r w a l v e a n y d a f a u i t o r n a U c e o t d a t a u i t h e r e u n d e r o r i n v a l i d a t e a n y a a t d o n e i n �"�_�
<br /> � rssponGO to auah delnult or pureuent to euoh notiCe ot defeuit and,notwithstanding the contlnuance 1n poasess lan o f t he Prope r t y or ,�4=•„.,-
<br /> the Colleation,reoelpt end apDltoatton ot rente,Ieauea or pro}Its,and Trust�e and �ender shall ba entltled to exerciee every right r3:?�!�`c�=::
<br /> .,- ..—
<br /> provfdedfoNnanyottheLoanQocumentaorbylawuponoccurrenceofany�ventof0efault,inct�dingwithouttimttatfontt�arightto �:��_�_-
<br /> exerClBe the power of eale.PuRher,l.onder's rtghte and remediea under this paragraph ahall be cwmu�ative with,and fn no wey a •�:�-���,-- _
<br /> Iimitationon,Lertderarlghtsandremedieaunderanyasatgnmentofleasesandr�ntsrecordedagainaltheproperly.Lender,Truatea �.•���� "
<br /> _ end the recelver shall be itabfe to account oMy thoae renta actually received. ��"�`''-�_
<br /> r :;:a,;-�_,
<br /> 11. ErsnU of Q�hul�Tha fotlowing shall aonetitute an Event ot Default under�his Deed of Trust ;�:,�:� :�-.
<br /> (a) Fallure to pey any Instellment ot prinalpel or interest of an other sum seCUred hereb when due; ��''``"
<br /> y y .�.• '�F,'::�<...:,_
<br /> (b) A bteach ot ordefautt underany provislon contained In the Note,this Oeed of Trust,an�of the Laen Oxuments,or any . ,. �,�.,,...
<br /> other tlen or encumbrance upon the PropertY; � ,f;''��
<br /> ����°;�a,�:
<br /> (o) A writ of executfon or attaahment or any slmtier process shslt be entered against Truator which aha11 become a Iien on � ���.},
<br /> ', .f.=-, -
<br /> the Property or any portion thereof or Intereet thereln; � �:f ' `'; �•
<br /> � (d) There she�i be 81ed by or ag�fnst Trustor or Borrower an acticn uncl�r any preaent or tuture federal,state or other ;`..,�` �+�"!��t, .
<br /> statute,law or reguietlon releting to bankruptay,Inao�vency or other relief for debtora:or thdre ahall be appolnted any truatee, +"'�,�f���,,;
<br /> ;,` receiver or Iiquidator ot Trustor or 9orrower or ot att or eny part of the Property,or tiin rb�lis,i�ub8 or pr�fits th8teof,ar T:uotos `-�'- .
<br /> :;;;! or Bor�ower shall fneke eny generai asalgnment for fhe benetit of creditora; � .
<br /> i�:��;: (e) The,s8le,trensfer,lease,assignment,oonveyance or tunher encumbrance of al�or any part of or any interest in the
<br /> ��, � Proparty,elther volunteriiy or involuntar0y, wlthout the expres8 written coNsent ot Lender, provided that Truator ahali be , *.;;�
<br /> :`.�'�. . permitted to execute a tease of the Property that does not contain an option to purchase and the term of whlch does not exceed . �
<br /> s..;:�.,i...,•_> one year, '
<br /> ':c;.:;:,,;,:•,•..;. .
<br /> �ts+�- �f;����',i.�,,.• (� Abandonment of the Property;or •
<br /> � . �� � (g) it Trustor ts not an tndlvlduai,the Issvance,sale,transter,assignment,conveyanco or encumbrance of more than a total
<br /> •.j �
<br /> of.�_percent of(if a corporatlon�tts isaued and outetandtng stock or(if a partne�ship)a total of percent of -�:
<br /> pertnerahip intereats d�frfng the period thia Oeed ot Trust remafns a tien on the Property. ' ��+.�
<br /> 12. Remedier,Acaeleraqon Upon Defaull.In the event ot any Event of Default Lender may,wllhout notice except as required by ��� •�r
<br /> Iaw,declsre ail indebtedness aecured hereby to be due and payable and the seme shall thereupon become due and payable 7:
<br /> without any preaentment,demand,proteat or notfce of any klnd.Thereatter Lender may: �;"%�'31�
<br /> �.r�i"t si•; .:v�
<br /> (a) Oemend that Truetee exerclse the POWER OF 3ALE granted hereln,and Trustee ahall thereaHer cauae TrustoPs :�tr�sx/f ,
<br /> � in4�r�st in the Property to be sold and the proceede to be dlatrfbuted,all In the manner provided ln the Nebraska 7rus�t Deeds ��'
<br /> Acx .
<br /> (b) Exerciseanyand aII rlghta provlded for In any ot the Loen 0ocuments or by iaw upon occurrence of any Event of Oeisult; .
<br /> �''�:, : .,;:;�� and
<br /> _�r:.ti':i�t,,�� •,..�4�. (c) Commence an actlon to toreciose thfa Deed of Truet ns a mortgage,appoint a receivar,or speclticaily enlorce any of the
<br /> -���.;� �.�••��:•,k; covenants hereot. �
<br /> �'�'�'�'���''� ����� No remedy herein conterred upon or reserved to 7rustee or Lender fa intended to be exclusive of any other remedy herein,in the
<br /> �!�•;'•' ��;�;`:��,:r
<br /> ,:,;,;.;�::.: :.��;�,.,, Loan Documente or by!aw provided or permitted,but eeCh ehelt b0 CumulAtive.ahall be in addnion to every other remedy given
<br /> ;;, .;,-;�)'; hereunder,in the Loan Oacuments or now or hereafter exlsting at taw or In equlty or by statute,and may tae exercised concurrently, I
<br /> ' �-��� :�r�,; Independentiy or successiveiy.
<br /> ' .` "'•`�`�.,~ `�� 13. Yvwtee.The Truatee may resfgn at any ttme without cauae.nnd Lender may at any time and without cause appoint a � ;. _ .
<br /> . ,.�: . .:'.� successor or substitute Trustee,Trustae ahalt not be liable to any pprty.�ncludfng without Ilmltatlon Lender,Borrower,7ruator or any I •.ti�,-_;; ,•
<br /> ,.�,,; �... purchaser of tne Pro�arty,tor any IoBS or damage unfess dua to recklo&s or wlittul misconduc�and shail not be requlred to take any V
<br /> �• � �I �, actlon (n connectiore v�ith the entorcement ot thls Deed of Truot uniosa indemnfitsd.In wrtting,tor a[i costs,Compensation or �
<br /> ..�,-,���•:...,,,.�,.� ;:, expenses which may ba asaoclated therewith.in addltlon.Truatoo mny become a purchaser at any sale of!he Property Qudlciai or �
<br /> �" ' under the power o i sa le gran t e d here ln);pos tpo ne t h e s e t e o f a t l o r n n y p o rt i o n o f t h e P r o p e rt y,a s p r o v l d e d b y l a w;o r a ell th e I
<br /> `;ti`�;�;;•':: :'.: :�-�J Properly ae a whoie,or tn separate parcels or lots at 7ru8teo's discrotlon.
<br /> � :•�.:.!':•� 14. Feos and Facpenses.In the event Trustee seita the Proporty by oxorc�so ot power ot sale,Trustee shalt be entitled to apply i • ��" ,
<br /> ;;''�}..;;'•:.:,'�•;-;�� any sa►e proceeds tfrst to payment of all coats and expenaea ot oxorc�oinp power ot sale,including ail 7rusteo's fees,snd Lende�'s f
<br /> •���;i-:;,�;�•:� ,•,�,,;;,�� and Truatee's attorney's fees,actually incurred to extent perm�tted by t�ppl�cabie�aw.In the event Borrower or 7rusto�exercisea any j
<br /> ��(,;j;;;,ti,,;:'.��r�:•',' rfght provlded by Iaw to cure an Event of Detauit,Lender shalt be entitled to recover frorn Trustor ali costs and expenses actuatly � .
<br /> '''����• �•'�l�'���' incurred as a resu�t of Truator's default,Including w�thout IlmHOtion all Trustee's and ettorney's tees,to the extent permiried by ,,
<br /> �':�.. .y,•..��',r.,,,.y,
<br /> •:::��....: .: :,.,. aPP�fcable lew.
<br /> � � ''��� �'' :i 15. Fa�7ure Advances.Upon request of Borrower,Lendor mny.ot�ta option,make additiona�and tuture advancea and re-
<br /> �;�`�+.�+�.: `;•:;,:�;'`'.��,: advanCes to Borrowec Such advances and roadvancea,wlth�nterest thoreon,shnll be secured by this Oeed of Trust At no time shall , .
<br /> ••.,•�. . .,..r;
<br /> :'.,u;,;,;� �;.',::'.;,::.;�:,:: the prinCipal amount of the fndebtedneBB secured by thia Deod of TrueL not includinp aums advanced to protect the security of this ; , ,
<br /> ,. �: . ... ._
<br /> .m ti0_fAfAN.80 ...hlnNcunr fe nraalar
<br /> :._. — --'--• .._....,_.._w---• ......._._ _o
<br /> ..s�.67�r.r'-.;..,°'.�'�'� DBBd Ot 1�U84 9xC9Bd ine vriyinqi NrinciNm miwiiiu vu+9m���o:o�.�.C.�- - . . ___ t
<br /> • �;>: ..:.,:`:'•.�: . 16. Mfacefianeout Proviston�.
<br /> " ��.���,;`._',,,�ri (a) Bonowet Not R81�8tsd.Eztenslon ot the time lor ppymont or moddtcOtion of amortizatlon of the sums secured by this �
<br /> ` • Deed ot Trust granted by Lender to any successor�n mtoront af 8orrowor ahAU not operate to re�ease.in any manner,the Iiability
<br /> of the origlnai Borrower and Borrower's succesoors�n inlorout.Londor ohatl not bo roqulred to commence proceedings againat •
<br /> such successor or retuse to extend tlme for poymQnt or othnrw�ao mud�ty nmortltntton ol the eums secured by this Oeed ot Truat ,
<br /> by reason of any demanda made by the orlglnnl 8orrowor and 8orruwor'a auccoaoors In Interest.
<br /> � (b) Lendar's Powsn.Wlthout attecting tho tlnbtitry ot nny othor poroon Uobto tor tho puyment of any obiigation herein
<br /> mentioned,and without aiteating the iten or chargo ot th�a Oood of Truot upon nny portton of the Property not then or theretofore �:
<br /> released as security tor the fuli amount of utt unpmd ob�Igot�ona.londor m�y,Irom timd to tlme and wfthout notice(i)releaee any :
<br /> person so tiabte,(II)extend the maturtty or aiter any o1 tho tormo of any ouch obl�gnllone,�ftl)grent other indulgences.(Iv)release �
<br /> . or reconvey,or cause to be reieaeed or roCOnvoyod At any timo ut Londor'o option uny pnrcel,portlon or alt ot the Aroperty. .
<br /> (v)take or release any other or addltinnat aocurlty tor nny obt�gotlon horo�n mont�onod,or(v11 make compoaitfona or other �
<br /> . arrangements wlth debtora in relatton theroto. �
<br /> � ' �' `� • ;
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