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<br /> , ��N ' 9.M�taMous t��l�t�.Truetor shail keep ths Property in oomplianoe with alt apptiodbte tawa,ordinanCes and reQuinnons �____
<br /> " retatirtp to Industrtet P�Yplene or snvlronmentet proteaUon(co!lrrattvely referred�heretn aa"Environm�ntet Lawa'�.Yrustor shall _
<br /> _:_.___.._:',..__._ kesp the Praperty frse trom aIt eubstsnaea deemesi to be hotardoua or toxia undu any Environments�Lawa(cotleetivaty refened to =-___
<br /> heretn u"Narsrdoue Mttsrieis"�.7rustor horeby v�arranW end�epreaor�i to Londor that t�ere are no Hazar6ous AAaiertate on ur �;,__K_��_-___----
<br /> under the PropeAy.Ttustor hereby aprees to tndemnity artd hoid harmless Lender,Its direators,offtcera,employees artd osenb.and __ ___
<br /> any suaceaaore to I.ondar's iMereat,trom and apsinst a�y and all alalms,damages,losses and Itabilities arisfig in conneatlon with --?+:-r:���„--��,��,:-
<br /> the preseneo,uae,dispoaat or tranaport o f ar�y Harerdous AAaeerla�a on, under,from ar about fPw Proparty.TFlE FORE�H1^N� y�.e t�,��.,,�,�_�Y__
<br /> WAi1RANT1E8ANDREPRESENTAT10N8,ANDTRUSTOA'808LI�ATIONSPURSUANTt07HEFORE001NQiNDEMNITY, . .��,� �-�:
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<br /> SURVNE RECONYEYANCE OF THI8 DEED OF TflUST. '�;�:'.�;rf;y;�ir:`
<br /> 10. At�IpnnoMt of R�nb.Trustor hereby asaipns to Lender ihe renta,isauesand proflts of the Properly;provtded thatTre�ator -,y�<<•,,�•��� ;;•.
<br /> . , ni�ai{,undt tita oeourrence at sn Event af Oefault heroundor.lutvo tho ttght to coliect and reteln aueh rente,issuea�nd groflt�aa they -�•-�,v.�-�;:�y��;`�
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<br /> ' � become due artd payabie.Upon the oacu►renoe of an Event of Oetault,Lender may,elther in pereon or by egent,wEYh o�without y�•�%�:'; .�:'��-
<br /> �� � b�inging any aatlon or proceedin�,or by a recetver appofnted by a cou�t and wlthout regard to the adequaoyr o!its security,enter �•„•���,�
<br /> � upon and feke posseselon oi the Property,or any pts�t thereof,in its own name or In the name of the Tru8tea,and do any ecta whtCh(t ����!,.:':'�:,'���, , .
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<br /> ��� deemsneceasaryordeairabletopreseroethevalue,marketabliityorrentebitKyotNeProperly,oranypa�tthereotoNntereattherein. • �� .;�,,;�`:.� - ,. �
<br /> � inorease the income therafrom or proteat the seou�ily hereot and,with or wlthout teking poaeeselon ot the Property,sue tor or � ;{�)•'•;. , _
<br /> otherwise collect the rents,Issues and proflta thereot,including those peat due and unpaid,and apply the eame,less oosts and ��"_'�`�':' �.�' .
<br /> • expenses ot operad�n and collecUon inoluding attorneys'fees,uqon any Indebtedneas secured hereby,ali in suah orderas Lender . , .
<br /> may determine.The entering upo�and taking possession of the Prope►ry,the collectlon of such rents,lssues and proflts and the . .
<br /> applicadon thereot as atoresaid,shall not oure or waive any detauit or notice ol detauit hereunder or Invatidate any act done In .. s:
<br /> r�spanseto suah defauttor purauant to such nodoe oideiauit and,notwithstanding the conUnuaoce in possession oithe Propertyr or t.�.� ;.__=w:�--:
<br /> t t�e c o 1 l�c U o n,r e c e l p t a n d a p q i i c a d o n a t re nts,iseaes or proAts,and TNStee and Lender shali be entided to exeraise every�ight i�":�;�� �•'t g�''� °
<br /> v. _���---.��.�
<br /> rovi�adtoPinar►yo4theLoanDxumentaorbyla�vuponoccurc�nceofanyE�ventofOetault,inciudingwithoutlimitationthedghtto ��,�<,i`::?�°`G " r�
<br /> p Ra 8 P Y � •.�,�:,�:1' ��' ��.
<br /> exercisa the power o4 sale.Funher,Lender's rights and remedies under this re ra h shali be cumulattve with,and in no wts e r r,r..•y,.�;-
<br /> Umitationon,LendeYsrightsandremedfesunderanyassignmen4ofleasesantBrentsrecordedagainsttheProrpariy.6e►�der.Trustee .•�•, .,�tirx-;.,;'�"���".4
<br /> and tha recsiver sha10 be Iiabie ta ac�ount oNy those rents actuatt�recehred. ��-. t.�`;�;=.f.'' '• ���-'
<br /> ..,r�;,.. _: 11, �vsMe p!t�ef�utL The follawin shall constltute an Event 0f Defauit under thls�eeJ o4 7rust • '.i`���'���::.`�°`,i}��
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<br /> ��`�,�'•;e�'; (a) FaSiure ta Ray any Installment of pdncipai or inte►ASt of any otO�eQ sum secwr�d hereby when due; •'.���°;�'�;;���{�±•_
<br /> , (b) Abreaaho4ordefaultuoderanypraviaioncontalnedlntheNote,ta�+s�eedofT�us2,anyofthei.oanDocumenta,orany �:r';FA;�';;
<br /> � other tien or encumbrance upon the Propertlr: ��•;.�-�%�t� . s;�r���
<br /> ,�;; �. ;t (c) A writ of executlon or attachment or any simtiar process ahall 3�e�ntared flgalnst Trustor which ahall become a ilen on ,� �t�t��• •••��
<br /> 1 ;� �• _ �; the Property or any portion the�eof or interest thereln; �r��}ti�,a..�� ,�
<br /> ,�� : `.p•� + :,;'Jl�a.�,i. .
<br /> . (d) There ahall be filed by or against 7ruator or BorQOwer an action und�r an�Qresent or future tederal,state or other ..',t t;,,,,,�;�,i•
<br /> statute,law or reguladon reiating to bankruptcy,Insolvency or other r�lieY tor�9�0tors;or there shall be appointed any truotee. i�,,�1��;1.;;�•�'•^
<br /> �`.'.,� receiver or Upuidator of Trustor or Borrower or ot a11 or any part of the F'POperry.or the rents,issues or protits thereof,or 7ruetor +�.4%F,,•,,;*� , , yi;,;.
<br /> �'�� �,
<br /> � ��a or Borrower ehali meke any general assig�ment far the bene8t ot cr�ditora; �-'- --��,, �
<br /> � ,,, . •: (e) Tho,sale,transfer,iease,assignment,carsveyance or further encumbrance of ali or any pad o1 or ac�y iv�ter�st in Ute � �.,•^�'E�.�;,.�,�
<br /> ''�'"'�;�• Proyer6y,either votuntarily or involuntarily, without 1B�e expreas wrlttere coAsent of Lender, provided that Truator shail be ��+�,; ;.t��,f�
<br /> .; ;,.,.: : • •
<br /> permitted to execute a�ease ot the Property that does not contain an option ro purchase a�d the term of which does notexceed �:��;;:� t
<br /> ' , one year, � �
<br /> (� Abandonment ot the Property;or ��
<br /> (g) It Trustor!s not an fndlvlduai,the issuance,sale,trana(er,aealgnment conveyance or encumbrance of more than a totai . �
<br /> �,.�
<br /> o}.�_percent of pi a corporaUon)Its tssued and outatanding stxk a(if a partnership)a totai ot percent of ,:;�`��
<br /> p8rtnershiQ Interests dJring the perlod this Deed ot Trust remalns a Iien on the Property. I
<br /> 12. Re�sedtst;Acaleratlon Upon Oetault In the event of any Event of DefauA Lender may,without noUce except as requlred by
<br /> Iaw,dec�are all indebtedness secured hereby to be due and payab�e and the same shall thereupon become due and payabte I �f�
<br /> without any presentment demand,protest or noUce o}any kind.Thereafter Lender may: =,��
<br /> (a) Demand that Truatee exercise the POWEA OF SALE granted herain, and Trustee shali thereatter cause Trustor's
<br /> interest in the PropeRy to be sold and the proceeda to be diattibuted,all In the manner provided in Me Nebraska Trust Qeeds ��y��.
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<br /> (b) ExerciseanyandallrighteprovldedtorinanyoftheLoanOaumentsorbylawuponoccurrenCeofanyEventotDefauit;
<br /> and
<br /> (c) Commence an action to toreciose this Deed of Trust as a morcgage,eppofnt a recetver,or specifically entorce any oithe
<br /> covenants hereot.
<br /> No remedy herein conferred upon or reserved to Trustee or lender is intended to be exc�usive ot any other remedy hereln,in the . .
<br /> � Loan Documents or by Iaw provided or permitted,but each shalt be cumutative,shall be in addition to overy other remedy given �
<br /> ' hereunder,in the loan Oxuments or now or hereafter existing at Iaw or in equftyor by statute,and may be exercised concumentiy, ,
<br /> ' independe►�tly or successively.
<br /> �a. rn.a�.o Thw Tn,stee may resign at anV time without cause,and Lender may at any time and without cause auDOfnt a
<br /> succes9or or substitute Truatee.Trustee shal�not be Ifable to any party,inCluding without Iimifation lender,Borrower,Truator or any
<br /> purchaser oi the Property,tor any loss or damage unless due to reckiess or witlful misconduct,and shali noi be required to ffike eny
<br /> action in connection with the enforcement ot this Deed oi Trust untess indemnitied, in writing,tor ail costs,compensation or
<br /> ezpenses which may be assocfated therewith.In addition,Trustee may becornea purchaser at any sale of the Property Qudiciai or
<br /> under the power ot saie granted herein�;postpone the sale of all or any portion oi the Property.as provided by law:or seli the
<br /> Property as a whote,or in separate parceis or lols at Trustee's discretion. �
<br /> ; 14. Feea and Eupenses.In the event Truatee sells the Property by exerCiseot power of sate.Trustee shail be entitled to appty I
<br /> any sale proceeds first to payment of alt costs and expenses of exercising power of saie,Including ail Trustee's fees,and Lender's
<br /> and Trustee's attorney's tees,actuatiy incurred to extent permitted by appiicable law.ln the event Borrower or 7rustor exercises any '
<br /> ' right provided by law to cure an Event of Default,Lender shail be entitled to recover from Trustor all costs and expenses actually
<br /> incurretl as a resutt ot Trustor's default,including without limitation all Yrustee's and attorney's tees,to the extent permitted by
<br /> applicable taw.
<br /> 15. Future Advances.Upon request of Borrower,lender may,at its option, make additional and future advances and re-
<br /> � advances to Borrower.Such advances and readvances.w�th mterest thereon,shall be secured by this Deed of Trust At no time shall
<br /> the principal amount of the indebtedness secured by this Deed of Trust,not�ncludi ng sums advanced to protect the securiry of this
<br /> Oeed of Trus�exceed the original principal amount stated herein,or$ whichever is greater.
<br /> '� 16. Mbeetlanaous Provfslona.
<br /> , .� (a) BoROwor Not Releated.Extension of the time for payment or modiFCation of amortization of the sums secured by this
<br /> �� Oeed ot Truat granted by lender to any successor in interest of Borrower shall not operate to release,in any manner,the tiability
<br /> :t ot the original Bor�ower and Borrower's successors in interest.Lender shall not be required to commence proceedings against
<br /> :,! such succeasor or refuse to extend time tor payment or otherwise modity amortization of the sums secured by this Deed ot Trust
<br /> by reason ot any demands made by the orlglnal Borrower and Borrower's successors tn interest.
<br /> � (b) Lender's Powen.Without attecting the IiBbility of any other person liable tor the payment of any obligation herein
<br /> � mentloned,and without atfecdng the 8en or charge ot this Oeed of Trust upon sny portion of the Properly not then or tfieretofore
<br /> released as security for the full amount of alt unpaid obligations,Lender may.from time to time and without notice(i)release any
<br /> � � person so Iiabta,(ii)extend the maturity or alter any of the terms of any such oDligations,(iii)grant other indulgences,(iv)release
<br /> or reconvey,or cause to be released or reconveyed at any time at Lender's option any parcel,portion or all oi the Property.
<br /> (v)take or release any other or additional security tor any obligation herein mentioned,or(vi)make composit�ons or othe�
<br /> . l arrangements w�th debtors in re�atlon thareto. •
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