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<br /> . , +�'�', 9. MlZaT�l�111�1.Truutor S�ufi icaep fhe?�vporiy ii�G:n���1l�iSC�!..I��I 5�.� �.�8�..lY_. -
<br /> retatinp to Irtduat►IRI hyplerte er environmenffiI proteation(cofteatively reforrod to herein as"F.rw6ronrteantal Lews'�.TruaWr ehdil , , '�t°" '•-
<br /> . __ keep tits P�osertfl tree hom alt suhsiancss deemed ta be he=ardous or toxlo under any Bnvlronm�ntal Lmwa(coflect{vety reterr0d to " '
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<br /> ° heroin as"Nexerdous Materlate"�.Truator heroby warrAnte and�epreaent�to Leadar that there are no Hazardoas Matarlat�on or '°�u
<br /> urtder!!�s P�pperty.Trwtor hersby aarees to indamMy and hold h�rm►ess Lendar,Ib directore,offlcero,employee�ans agenb,an0 �� =�,�Y�
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<br /> any a���sars tp t�eade�a intoreat,from ertd a�e�nst anq nnd ati otaims.dama�ea,loaaea end ItabillUes arlaing In conrtactian�viU� ' �����,r;,-Y_
<br /> � -• the preaenee,uss,c9lsposal or Vanspor4 01 any k�a�ardous Mt+tariata an. un��r,frares or abaut tho Proparty.TME F06tE�01Mt� . . ._ •
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<br /> WARFi�WTIF.S M10 REPRESEI�ITATIONB,AND TRU3TOR'S OBUt3ATiONB PURSUO+NT TO THE FOREdU1N01NDEMNiTY.gHA4L �. � � --�����-
<br /> � SURVIVE RECONIV�1!ANCE OF TH13 OEED OF TRU51: �t�'
<br /> 10.Asii�nnat�t a!Rsafa.T�ustor hereby eaalgns to Lender the rente,lssues and profita ot the Property;provtdt�that Truator _
<br /> - • � alw:1l,us�dl th�aeeuttsace o!an Ewnt at Q��tault hsreur:dar,huvo tha right to coltect and remin auch rente►Issuata and proflts ea they — - - ,
<br /> ' become due and payabl8.Upan the ocourrence ot an Event of Delautt,Lender may.etthe�In person a�by agant,wlth or witttout
<br /> brlrtginp any scdon or proceedin�,or by a receiver appolnt�d by a caurt and without rega�d to the adoquacy of Ita socuriy,oater _
<br /> upon and tuke pos•_esslon of the Proporiy,a any paR thereot,in its own�ame or in the name of the Ttustee,ond do 8ny eets whleh it
<br /> deems rtecessary or desirable to presarve the value,markeffibltily or rentabitity of the Property,or any p,aRthereof or interest thereln. _
<br /> �� ;,;`:�'�;�a increase the Income therefrom o�profect the aeauNry hereof and,with or without taking possesoion of the Properry,eue tor or � .�
<br /> otherwise colleat the rents,issuen and pmfita thereof,includirtg those ptist due artd unpaEd,and appty the same,lass costs and , �
<br /> � expenses of operatlon and coltecUon irtciudirtg attorneys'teas,upon any indebtednesa secured hereby.ail in such o►der as Lender _
<br /> • may determirea The enterirtg upon and takirtg possession o!tho Property.tha cotlectlon of such rente.isauea artd ptoflta and the , �
<br /> � � ' appltcaUon thereaf as efureeaJd,sha11 not cure or waive any defauit or noUce of defautt hereunder or invatidate any eat done in .
<br /> response to svch dele.ult ar�urrtuent to such notice ot detauit arM.not�nit4►�aanding the continuance in posseAaton of the Property ot • �
<br /> ru
<br /> the Cotlection,reCe{rif�rnt B�R�iCgtlOn o!renta,iasues or proflfzt,alyd Trus.ffia�and Lertder shal!be entitled W exercise every rtght :
<br /> .�� providedtorinanyofti�rcil.osntJacurr�e�tsorbylawuponoccuttencovtrrn���erttofOetault.irtdudingwithoutlimltattontherEghtto . . ' �
<br /> •• exercfae the power of sale.Furtf�nzr,l.vnder's�ights and remediss under tlt�s paragreph shai�be cumutatfve with,and!n no way 8 •
<br /> Iimiffitionon,Lertders�tg7►tsa�nfremediesunderanyassignmentofleas�sartQre�tsrecordsdagainstthaProperty.�ertdar.Trostee � ,�
<br /> • and the teoeiver sh8i1 b@ Iiable�account oniy Mose renffi ectuaily reoeived. + .
<br /> ' 1 t. Er�nb oQ D�aufi.The fC�fowing shell aonstltute an Event of Oetauft under this IJ�et4 ot Trust � '
<br /> , (a) Failure to pay any inst�Ilment af Rnrtciqai or inte�est of any other sum secureaf he*c�by u+ttrm due: ;, � .,,•, .,,,. '
<br /> (b) Abraachofordefauttunderanyproxi$iancontairtedintheNote,thisOee�ofTrosR.eriqcYCltaf�.aanDocuments,orany , � �
<br /> other lien or encumbrenoe upon the Properh►: ' ���� .
<br /> � (c) A writ of exeeutlon or ettachment or any sfmiiar pracess shall be entered agatrtst Tnrscor rcsi�ic[�e$hall become a Iten on � . „ b+.
<br /> � � i�ro Property or any port3on thereof or interest therein; -'.:'�
<br /> � (d) There shali be filed by or against Trustor or Borrov��r an acUon under any�rc�n4 or t`uturo fador�t,st�t�vr otHer � , , r-�-�.�;
<br /> statute,taw or reguia8on relaUng to bankruptcy,insolvency or other reUef for de�tors:or tlt�ro sh�ll loe appointed any 4rustee. . . -=�'
<br /> �eceiver or liqufdator ot T�usto►or Bonower or of alt or any part of the Property,or the ren�,issues or�¢raRts thereof,or Truetor � �u�
<br /> or 8onower st�ati mafce any generat aes�gnment for the benem ofi creditars: �- �
<br /> (e) The�sete,hensier,Iease,assignment,conveyance or turther ertcumbrancc3 0!•�J!or any paR oi or any fnterest in the : , �
<br /> Propefty,either volunterily or inv0lunffirily,without the express written Consctnt ot L.ortdor, provided that Trustor 8ha11 be ;��:.,, ,
<br /> permitte�to execute a Iease of 4he Property that does not conmin an optlon to purchas�aRd ihe term of which does not ezceed � ����
<br /> , one year, �4�;\��, )
<br /> � � (q Abandonment of the Property:or � , �. - ;
<br /> (g) If T►ustor ia not en Individuai,the lssuance,sate,transter,assignment,conveyance or encumbrence of more than a totat � �
<br /> ��.; j
<br /> 04., S_n percent of(it a corporaUon)its issuetl and outstanding stoak or(if a partne►ship)a toml of percent of i •• ;��,
<br /> p0rtnership interests durirtg the period this�eed of Trust remains a lien on the Properly. i
<br /> ' � 12. 6?emadie�Accela►etioa Upor�Oetsutt.�n the event ot any Event of Oefauft Lender may,without�oUce except as required by � `` .
<br /> taw,declare a11 indebtedneas secured hereby w 4e due and payabie and the same shall thereupon become due and payabte � , , ,
<br /> wfthout any presentment,demand,protest or nodce of any kind.Thereafter l�nder may: � ,. � '
<br /> ,.,�,, (a) Demand that Trusiee exercise the POWER OF SAI.E granted Nerein,and Trustee shaD thsreafter cause Trusto�s i = +>����-
<br /> .'�,� , i�nt`�erest in the Property to be soid a�d the proceeds to be distributed,ali ln the manner provided in the Nebreska Trust Oeeds � �;`l-
<br /> ^��;'a;s: . . (b) ExercfseanyandallrlghtsprovidedforfnanyoftheloanDocumenteorbylawuponoccu►renceofanyEvento4Defauit; j ;;�,4 •
<br /> ' ��.. , and '�;.(�?;. �
<br /> (c) Commence an actlon to foreciose this Deed of Trust as a mortgage,appoint a receiver,or speci4ically entorce any of the , . .
<br /> covenants hereof. � ,. 1:
<br /> No remedy herein conterred upon or reserved to Trustee or Lender is iM�nded to be exciusive of any other remedy herein,in the �.?^,�,� ,. . ..
<br /> Loan Documente or by�aw provided or permitted,but each shalt Ge cumu�ative,shait be�n addition to every other remedy give� -
<br /> hereundler,in the loan Qocuments or now or hereafter exist)ng at taw or m equiy or by statute.arsd mey be exercised concumently. .
<br /> independentiy or auccessiveiy.
<br /> 13. Trustee.The Trustes may resign at any time without cause, end I.�nder may at any time end without Csuse BppOint 8
<br /> • successor or substitute Trustee.Trustee shall not be�iabie to any party,ioctudmg aithout limitation Lender,Borrower,Trustor or any
<br /> ' � pu�chaser of Mte PropeRy.for any toss or damage unless due to recktess or wiiitui misconduc�and shall not be required to ffike any ,
<br /> � eCtion in connection with the enforCement o1 this Deed of Trust unless indemnified.in wntmg,for all costs.compensation or
<br /> '. � expenses which may be associated therewith.In add�UOn,Trustee may beCOme a purcha&er at any sate of the Property Qudicial or
<br /> � . under the power of sale granted herein):postpone the sate of atl or any port�on ot the Property,as provided by Iaw:or selt the
<br /> , Ptoperly as a whole,or in separate parcels or lots at Trustee's discretion.
<br /> � 74. Feea end Expense�.�n the event Trustee sells the Property by ezercise of power of sale,7rustee shatl be entiUed to appty
<br /> any ea�e proceeds first to payment ot aII costs and expenses ot exercismg power of sale,inctudmg a►1 Trustee s tees,and Lendet's
<br /> and Trustee's attorney's fees,actually inCUrred to extent perm�tted by appl�cable Iaw.ln the event Borrower or Trustor exerCises any
<br /> � rtp7[8(Sravided by Iaw to cure en Event of Oefaul�Lender sha�l ba ent�tled to recover from Trustor all Costs end expenses BCtually
<br /> inc�od as a resuft oi Trustor's detaul�inctudmg wrthout Um�tanon all Trustee's and attorrtey's tees.to the extent permitted by
<br /> gJ717i�ca�IQ 18.�.
<br /> � t8. IFs:.m�O�r£v.ttTCes.Upon request ot 8orro�ver,Lender may,at�4s oflC�on, make add�t�onal and future advances 8rtd re-
<br /> � advancr�to Ciorrovcar.Such advances and�S::w'oces,wdt+mtnrest 4hereon.snall be secu►ed by thfs Deed o}Trust At no tim8 shatl
<br /> � SRcs prirtcipal amount of the mQebiminess soc�:r�ct uy th�s D�d aP Trus�t,not mciudmg sums advanced to protect the secunty of th�s
<br /> LZeed of Trust exceed the ongmaf pnne�par amoune sratree nere,a+.or$3,QO.Qr�p.Q..C.t�..a�niche�er is greater.
<br /> io. .wisueei..o±...:�....'..:�..... -
<br /> (a) Bor�ower No!Release�.Extens�a�of tlie om�tor payment or modificaron ot amortiration ot tt�e sums secured by th�s
<br /> peed of Trust granted by Lertder to any suu:cssor�n mterest of Borcoarer shall not operate to retease.�n any manner,the I�abil�ty
<br /> of the origmel Bottower and Borrower a successo��s+n mterest Lender shau not be required to commence proceedmgs aga�nst
<br /> � yuch sucxassor or refuse to eztend eme t�or payment or ofl+erw�se moddy amorhzanon af tl+e sums secured by th�s Qeed of Trust
<br /> �, by rc3ason of any demanCs made by the ong�nal 8orro�ver and 8orrower's suceessors m mte��est
<br /> , (b� L�eted�'�Powps.Wrthout affeCnng the Iiab�i�ry ot 8ny other person I�gbie tor ine peyment ot any obl�gauon here�n
<br /> . me�+horted,and wiUwut aftec4ng the Iien or aharge ot th�s Oeed of Trust upon any portton of the prupe*ty not then or thereioforA
<br /> • . • reteased as s�+curity tor the tull amount of ait unpa�d oblrgaUans.Lender may,hom Ume ro nme and w�thcut notice(Q release any
<br /> • . ! per5on so tlal3te.p�)extend tlte matunty or a1tCx any at the terms ot a�y sach obl�gaeons.l���1 grant othe*mdulgences.pvl�e%ease
<br /> or recom�y,or cause to Ce reteased or reconveyed at any Ume at Le�der's opeon a�y parcet.Rar�an or atl ot the Property.
<br /> � (h take or reiease any oUaer ar a4drt�or►aI secunty tor any oDl�gaCOn r.era�rs merthBned.or(v�l make composmons or othet
<br /> arrartgemgnts wrtA debfors�n retatron th8reto.
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