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<br /> @. M�s�Mau�F11�tart�ts.TrustAr ehstl keep the Property In aomqilance wlth oll eppUoable�awa,ordinancos t�rtd repulaUon� �-=-------
<br /> :_`�._ ___ , rel�ttag ta inN�strinl hY8lone or ernl�onmontal prote�4ton(aolleotively roforred to hereln ae"Environmmnt�►1 Lsws'y.T�uiter thall �—...:.____
<br /> � keep the Properly irao lrom ail substancea deemed to be hawrdoue or toxio under uny iEnvlronmentell.awd(colleetfvety roferre8 to �;.__;_____._----- -
<br /> - �+ �. � hereln as"Hazardoua M4aterlais'�.Trustor hereby warrente and ropresente to Lender that there are no Hezardoua Msterta�s on ar � ` --
<br /> ��,;��::__
<br /> .; ...
<br /> under tMe Property.Truetor hereby agrees to Indemnlry and haid harmteas Londer,Ite dtreatore,ofNcero,employsea and agente,end �.�.--
<br /> ' �^Y�'�'�'�—
<br /> any aucco:.uoru to Londoro Int�rc�3t,irom and apdnnt any und ntl olc�ima,damagea,losses and Ilabilitles arlslRfl tn connecstlon with 11;,:'y.,
<br /> ' � the preaence,use.diapoaal or banspor�ot eny Hasardous Materlats on,under,irom or about the Property.7HE FOR�Ci01NQ IcRt�-`=�
<br /> �• WARRANTIES AND REPRESENTATIONS,ANQ TRUSTOR'808U�ATIONB PURSUANT TO THE FOREGOINO 1NDEMNITY,�HALL �;i',=;;-�;�_-=_-------
<br /> � BURVIVE RECONVEYANCE OF THI8 DEHD OF 7RUST. `v,��F`°'��--•-°—-_
<br /> -� ' � 1Q,Axl�ttasets!o}Renta Trustor hereby esstsns to Lender the renta,issues and proflts ot the Property;provided that Trostor �t �
<br /> sha�l,undl the ocourrence of an Event of Detault hereunder.have the�ight to coilect and retain euch rents,issues aod prorits as they ;�� �,.�,,;;aT,.;,r::
<br /> become due and payable.Upan the ocaurrence ot an Event of Defeuit,Lender may,either in person or by agent,with or without �• � � � "�`
<br /> ,�....?�,4��*r.: .
<br /> bringing a�y action or proceeding,or by a receiver appotnted by a couR artd without regard to the adequaay ot Ita aecuriry.enter '-=;���'f,���.�r_�-
<br /> . upon and take possosslon of the Property,or any�art thereof,in ita own reamo cr tn the name of the Trustea,and do any aot8 whiah It �-•��.�;^��-��y�•:
<br /> �.' deems neceasary or dosirable to pe�serve t�o vatuo,crtarkota@'.lity Or rer��[114y oP tlse Property,or eny part thereof or inte�eat theretn, . �•. `�:r!��� �;�,;tc.�:
<br /> � � inc�as�th�icecom�4h�ar04Pam oe�eota3Ct th0 S�CUOity h�reo4 8nd,��rith or w[thout tad�rtg gossession ot the PropeRy.sue for or . �'`~ ��'� `
<br /> � " --
<br /> o4hernis�coll�ct Rhe r�e�ts,iasues�nd pro414s thoreof,inetudirt t7►ose past due srtd unpatd,and appty the seme,leae costs and '� ����'r���`�'d • _
<br /> expenses of o�aea4ton and colloc9ton inctuding attorneys'4oes,upon any i�dobtedness secured hereby,all in such order a8 Lender � 4Y• ��}'�� �S��. �
<br /> �. �,�.
<br /> may determine.The ent�dng upa�and taking passession of the Property,the collection o4 such renta,tsaues and protlts and the � •,..��•:.�;tu�i4•
<br /> � applicaUon thereo4 as�toresaid,shati not cure ar waive any detault or�otic�of detault hereunder or invalidate any ect done in ;�T,_—
<br /> ' ..' response to such cWa4auit or pursuant to such�otice of defauv and,notwithstanding the continuance in p�ssa�ssion o}th��rc�rty ar �; ,:,�.��
<br /> ��,'r�F���'� tF18 COIIBCtIOfl.receipt and appl�c�a4ion of renta,isaues or profits,and Trustee and Lendev 9hafi be enti4te9 4o ex�eciss eYee�f�ght . . - ..- -
<br /> `, ��':.;.";;,,::;�, � provid�forinenyoftheLoanO�cw.�nentsorbytawuponoccu�renceofanyEventofDe4a�au0,includingwithout�imi4atEo�flhevigh8to � —
<br /> r y+, (:;. � exercisa the power of saie.Further.Lender's rights and remedies under tMs paragreph sPeall be cumuiative with,and'ur�ma way a
<br /> '- .:�`j���•��•.�v' �'; IlmitaUonon,Lendersrightsandremedfesunderanyasslgnmentofleseesandrentsrecordedagafnstthe��oparty.Lenz3ar,Trustee •j� ' - .:�.a?
<br /> s�`��,,.,��;����u,•,.� _ a:� � .::..:�.,,. > ..:�:�.:
<br /> ',,;:'�!�fy���lr, ,•,.,,`!5 and the receNer ahall be Iiable to account only 1U�use rents actually received. , � �' � �,;,
<br /> , . , ,,t�,y�� . 11. Eventa of�e9aulb The following sh�l.conaUtute an Event of Defaalt under this Deed ot Trust '
<br /> , •'��°� �„� � (a) Fafiure to pay any instaliment of pnncipal or interest of any otl�er sum aecured hereby wnen due; � ��`��''`�
<br /> . ���t':�'::'�i. • .
<br /> . �:r�...,, (b) A breach of ordefaut4 under any provision contained in the Note,this Deed of 1fQUSt,anyof the Loan Documents,orany _
<br /> > 3 other tien or encumbrance upon 4P�a Properhr: ''
<br /> ' . (a) A writ ot�xecutlon or attachment o�any slmiiar process shall be entered against True4or which ahalt become a tien on
<br /> ' the Propert�l oP any portion theraot or interest therein; _- —
<br /> �� (d)There sha11 be filed by or agafnst Trustor or Borrower an aciian under any present or tuqure federal,state or other � �"
<br /> �,. atatute,Iaw w regulatio�relating to bankruptcq,insolvency or other relief for debtora;or there shal�be appointed any trustee,
<br /> _
<br /> '= ��;;''�'' - r�ceivdr vr iiyuidator oi 7rustor or t3arrower ar af a!!or any par!ot the Pr���f;,cr!he�Q�ts,lasue4 0��rnttta rhpreof,or Trustor
<br /> ' • or Borrower shall make any general assignment for the beneflt ot credltors; �
<br /> (e)The,sale,transfer,lease,assignment,conveyance or further encumbrance of all or any pa►t of or any Intereat In the
<br /> . Propeny, either valuntarity or involuntarlly, without the express wriften coAsent of Lender, provided thet Truator shali be ;•�.
<br /> . permitted to ette�uie a iease of the Property that does not contain an option to purchase end the term dt whtCh does not exceed
<br /> o�e year. ' ,
<br /> (� Abandonment of the Property;or
<br /> (g)If Trustor is not an Indlviduat,the issuance,sale,tranafer,assfgnment,conveyance or encumbrance of more than a tota� ,
<br /> � , �•i
<br /> ot��—percent of(if a corporation)its issued and outstandfng stock or(If a partnership)a totai ot percent of i''f.
<br /> p8rtnerahip interests during the period this Oeed ot Trust remains a lien on the Property. , ';f,�
<br /> 12. Remedies;Acceleradon Upon Defeuit In the event of any Event ot Default Lender may.without notice except as required by ,
<br /> law,declare all lndebtedness secured hereby to be due and payabie and the same ahall thereupon become due and payable � �;
<br /> wiU�out any presentme�t,demand,proiest or noUce ot any kind.Thereafter Lender may: •ti�,"�'D+�.�;:•; �
<br /> t ... ,
<br /> (a)Demantl that Trustee exercise the POWER OF SALE granted herein, and Trustee shalt thereafter cause Trustor's •�' •y%
<br /> interest in the P�operty to be sold and the proceeds to tre tl�siributed,alt in the manner provided in the Nebraska Trust Oeeds '���, �-,�F..,!��
<br /> ' ACk . �.. , '1,,:-.
<br /> ., �,•�;: ,
<br /> (b) Exercise any and aU rights provided for in any of the Loan Documents or by law upon occurrence of any Event of Oefault; , . `�+��'r:,s�.
<br /> and a ��r;r;f .
<br /> (c)Commence an act�on to foreclose this Deed of Trust as a mongage,appom��a receiver,or specitically entorce any of the ��` ��` `
<br /> covenants hereof. �' ,�'�: ��" `.
<br /> No remedy hereln conterred upan or reserved to Trustee or Lender is intended�o be exclusive ot any other remedy hereln,in the ;�';`':;�,t�. .
<br /> �1 Loan Documents o�b�iaw providod or permitted,but each shalt be cumulat�ve,shall be m addition to every other remedy given , =
<br /> + hereunder,fn the:.oars Oocuments or now or hereafter existing at law or in eq:,dy or by statute,and may be exercised conCUrrently,
<br /> indepantlently or succ�ssively. �,'>•�'
<br /> t3. Tn�tee.The Trust�e may resign at any time without cause,and Lender may at any time and without cause appolnt a
<br /> � succeasor or substltute Trusiee.Trustee shall not be Iiable to any party,including without iimitation Lender,Borrower,tvustor or any
<br /> purchaser ot tNe t�ropeRy,for any loss or damage untess due to reckless or willful miscontluct,and shall not be required to take any ��.��r:'��
<br /> actlon in conneclion with the enforcement ot this Deed ot Trust unless�ndemnified,in writing,for all costs,compensation or
<br /> �� expenses whiCR miay be associated therewith.In addition.Trustee may become a purchaser at any sale of the Property QudlClat or ;
<br /> ,'� under the power ot sale granted herein):postpone the sale of atl or any portion of the Property,as provided by law:or sell the i
<br /> ; .,� .. Property as a whote,or in separate parcels or Iots at Trustee's discret�an. � ,�,
<br /> 74. Fees and Expenses.In the event Trustee se�Is the Property by exercise ot pcwe�of sale,Trustee sha�l be entiUed to apply
<br /> any sale proceeds first to payment oi alI costs and expenses of exerc�s�rtg�ower of sa:e. :-cluding all Trustee's tees.and Lender's
<br /> '�'�! and Trustee's attorney's tees.actualty�ncurred to extent permitted by ap fac�;b�e Iaw.ln the event Borrower or Trustor euerclses any
<br /> right provided b•;��aw to cure an Event oi Detault.Lender shall be ene�t[c;:•���ecover trom Trustor au costs artd expertses acte�ally
<br /> inCUrred as a��sult of Trustor's detault�nciuding without Ifmdetion ai� Tr,stee's and attorney's fees.to the extent permitted by
<br /> a�SPi�:,able law.
<br /> t5. Future Adrances. Upon request of Borrower, Lender may.at�ts option,make additional and future advances and re-
<br /> advances to Borrower.SuCh advance5 and readvances,with interest thereon,shall be secured by th�s�eed ot Trust At no time shall
<br /> the principal amount of the indebtedness secured by this Deed of Trust,not mcluding sums advanced to protect the securiry of this
<br /> n�,.�r��a*nv�mri tha nrininAl tlfltlf`i[f:1�AT[fllfl}Rt9t6A�1Bf@Ifl.O�.� AS_A010_00 WhlChev@r iS 9fB8tB�.
<br /> . � 16. Mlfcellaneous ProvtNons.r �
<br /> (8) Bonower Not Roleased.Extension of the t�me for payment or modificabon of amortizat�on of the sums secured by thia
<br /> Deed of Ttust granted by Lender to any successor in�nterest of Borrower shall not operate to release,in any manner,the liability
<br /> oithe orig�nal Borrower and 8orrower's successors�n mterest.�ender snau not be reqwred to comme�ce proceedings against
<br /> sucl'i suCCessor or refuse to extend time for payment or otherw�se mod�fy amortzat�on ol the sums secured by this Deed of Trust
<br /> � by reasan of any demands made by the or�ginal Borrower and 8orrower's successors�n mterest
<br /> (t�1 Leader's Powen.Without aNecting the fiabd�ty of any other person I�able for the payment of any obligaUOn herem
<br /> menti0ned,end without aHectmg the lien or Cherge of this Oeed of Trust upon any portion of the Property not then Or theretOfOre
<br /> released as securlty tor the full amount of aIl unpaid obligations,Lender may,from time to t�me and wdhout notice(i)release any
<br /> person so lisble,(ii�extend the m8turity or slter eny of the terms of any such obligations,(i,i)grant other mdu�genCes.lrv)�elease
<br /> or reconvey.or cause to be reteased or reconveyed at any time at Lender's opt�on any parcel,porhon or su ot the Property.
<br /> , (v)take or re�ease any other or add�ionut secunty for any obligahon herein ment�oned,or (v�)make compositions or other
<br /> : arrangemenb with debtors in reladon Mereto.
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