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<br /> 9.H�s�rdoa�Mat�ri�1�.Yrustor ehsll keep the Property In oompitance wlth nti aRA���bte tawe,ordlnenaea and►eDuletlfln�
<br /> ' � reteting to induat�at hypiene or environmental proteotion(aolieotively refor�od to heroin as"Environmentel Law�'�.T►uetar s!u!!
<br /> keeptheProperiyfreet�omelleubat�ncesdeomedtabehaxnrdousortoxlaunderanyEnvlronmanWll.awe{aoltaaUvetyteterredto —.—
<br /> " hereln ae"Maxardoua Materlats'�.Truator hereby wnrranW a�d represento to Lendor thet ti►ere sro no Hauirdoua Mate�iat�on ar �—a: ----- —�
<br /> underthe Property.Truetor heraby apreea to IRdemnBy and hotd ha�mieas tsnder.Ita direotore,oBlaero,employoes and eQmt�,and ---
<br /> ' � any auccessors to Lender'a Interes�from and egalnetany and all olaims,damages,tosaea end Uabilltles adstnp In connsotlon with ��:.._`__=._.
<br /> the presenae,uae,disposet or tra�epon ot any Haxardous Matorlal� on,under,irom or nbout tho Proparty,THF FAREQOIN� �-- : --.
<br /> ' WARRANTIE3 AND REPRH9ENTATION8,AND TRUSTOR'8 OBt I�ATIONB PURSUANT TO THE FOREC301Nt�INDEMNITY,gHALI --
<br /> ''`` SURVNE RECONVEYANCE OF TH18 DEED OF TRUST. �w°=�--
<br /> ' 10.Assfpnm�M�f RtnU,Trustor hereby assigns to Lender the rents,Iseues and proflts oi the Property;provided that Trustar �±_�___
<br /> �• shali,untit fhe occurrence otan Evont oi Detaultflereunder.haveth4�ight to collect and retaln such rents,isaues end proflts aa they _ _
<br /> `�' � become due and payabie.Upon tho occurrence of an Event cf Dmtautt,l.ender may,either in peraon or by agent,wlth or wlthout �u�;� �
<br /> bdnging any actlon or proceec8ina,or by a receivsr appointod by�cQUrt artd wRhout regard to the adequacy oi its seaurity,entor � ; ,r`
<br /> � upor�anc9 faka passoss�on of tho Proporty,or any part ihereo4,in Ita or+n namo or in the name of the Trustee,end do any 8effi whieh it . �.;ge_�,�Fa,.;ir,�:._
<br /> deeens n�cessauy or dositsb�e 8o Pems�rre the va�ue,maQko�b`.lity oe reee4abitiry o4 the Property,or any part thereof or Interest thorein. �-r =^'-.
<br /> .. i�creass Hhe incomo 4hero9rora�or�ro4�ct the secadty h�r�o4 an�,r�i4h or wl4i�out taking possasa[or�ot tP�o Properly,8ue tor or -����,5?T �•'�,.
<br /> oth�e�nisp collect the rents,Issu�s artd proflts thoPmot, Inciuding 3Q�osa Rast d�co and ue�atd,tu�d appiy tho eame,Iess coata and :;R;.
<br /> ex�nses of operation and collecUon inctuding attorneys'f�as,uRon any incBebtedness seauresf hovoby,atl in such order as Lender � " �'°�'' ' � ��•
<br /> 2`.,���^�-? ..�1�;�;.,:
<br /> may de4eemine.The entering upore and taking posseasion of the�rop�arry.4he collection ot such ronts,iss�es ortd Rrofits and the � ":':���s=, -
<br /> pa ,
<br /> • application thereof as ato�esaid,sP�ail not cure or waive any de4aait or notice of detauli he�eunder or invaEtdata any ect done in I��� . •���.`�``��
<br /> ' �esponse W such d�teultor pursuant to such noUce otdefault and,notwithstanding the coMinuance in�ossassion otLhe PPeperty or �'. —q - --
<br /> � " the COtleaUon,receipt 8nd apR���atfon o!rents,Ieaues or proflts,and Trus4e�and Lender efiail be entitlod Eo exerci88 every Hgh3 h .—_— --
<br /> R providedtoNnanyoftheLoanOocumentsorbylawuponoccurrereceofanyEventofDefautt,includingwi4howtlimitatFentleaHghtto - ��_.
<br /> S exercise the power o4 aeia.Funhar,t.endar's rights and remedfes under this paragraph shali be cumulatire wlth,and iee�o way a �� ��
<br /> �. � i'r ` IlmitaGOn on,LendePs rightsarnd�evnedies underany assignrteent ot leasesand rents recorded ageinstthe Property.Len�ar.Trustee •�� . - �_
<br /> ,'��.i;';`` and the recelver ahail be IieWe to account oniy those rents actualiy received. :43 � "��''���?
<br /> . 11. Evenb ot Qlefeui�The toltowing sha16 constltute an Event ot Defauit under this Deed ot Truat _ '�!�'�'�-;_
<br /> ,��, (a) Failure to pay any Instailment af�rinaipel or interest ot any other sum secured hereby when due: � :. • _'°.:
<br /> (b) A breach of or defauit under any prcavision conta►ned in the Note,this Deed of Truat,an of the I.oan Oceuments,or any � ,, •�?�%���--
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<br /> �•� other Ilen or encumbrance upon the Propertlr- ' �'-':'v
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<br /> � (c) A writ of execudon or�tlachment or any similar prxess shali be entered agalnst Trustor which shali become a Ilen on I!�} _ ___
<br /> •:i:::��:�� the Property or any pordon th�reot or Interest thereirr, �•,}:;�.•�.-- ��
<br /> • (d) There shali be(Iled by or against Trustar or Borrower an action under any present or tuture federal,state or other .;sS;�:-�{,.
<br /> � statute,law or�egulatlon relating to bank�uptcy,Insoivency or other re{ief tor debtors;or there ahall be appointed any trustee, �;�..��'";,: �;
<br /> _ _ _ _. receiver or Uquic9ator ot Trustor or Borrower or atail or any part of tho Property,or the rents,issues or proflta thereot,or Truator , •
<br /> ' or Borrower ahall make any�onerat assignment tor tne benent of creauors; a� �
<br /> '?�; (e)The,sa�e,transfer,teass,assignment conveyance or turther encumbrance oi afl or any part of or any intereat fn the ,s 3 t f�a, •
<br /> ,.�c.,.:,�.,
<br /> . ;.'.,4;��`. Property,either volunterily or involunteriiy,without the express written cotlsent o+' Lender, provided that Trustor ahall be :.,;�.f�.:.,;:���;;
<br /> �a' permitted to execute a Iease o f t he Prope r ry t h a t d o e s a o t c o n t a l n a n o p t i o n t o p u r c h a s e a^�d t h e t e r m o f w h l c h d o e s n o t e x c e e d ,�� � �
<br /> one year.' }f '� .
<br /> '� (n Abandonment ofthe Property;o► �,�'9�f4 +� ��I� `+� �.�
<br /> . (g) if Trustor is not an indivlduai,the u�suance,sale,trans fer,ass ignmen t,conveyance or e n cu m b r a n c e o f m o r e t h a n a t o t a t .�;{�,;�;;,�r; � ,��,
<br /> ,�,, .
<br /> oc�_Percent of(ff a corporation) its issued ansl autstanding stock or(if a partnership)a total of. sarcent ot ����y.'�;:;'�%�,t�
<br /> p8rtnershfp Interesb dtiring the period thls Deed of T:vsc remains a Iien on the Property. •�,�'t�jy,{' ;� ° �
<br /> 12. Reme�ias;dlcceleretion Upon Oefeult.ln t�e event mn any Event of Defauit Lender may,wlthout notice except as required by
<br /> law,deciare ali in¢lebtedness secured hereby io be due and payabie and the same shall thereupon become due and payabte .
<br /> without any presentment, demand,protest or notice of any kind.Thereafter Lender may: , ° , •' ��
<br /> (a) Demand that Trustee axercise the POWER OF SALE granted hereln, and Trustee shali thereatter cause Trustor's ;,.�;..,�� �'�,'-�
<br /> interest fn the Propertyr to be so�d and the proceeds to be dlatributed,all in the manner provided in the Nebraska Trust Deeds �,y,�;; �
<br /> ACX
<br /> (b) Exercise any and all rights prov�dced for inanyof theLoan Dceuments or by�aw upon occurrence of any Event of Default; „
<br /> and �5'�.:
<br /> (c) Commence an action ta foreclos�this Oeed of Trust as a mortgage.appoint a receiver,or speciticaliy enforce any of the � ,.�;,:
<br /> covenants hereof.
<br /> � : No�emedy hereln conferred upon or reserved to Trustee or lender is intended to be exc�usive ot any other remedy havein,fn the �
<br /> , Loan Documents or by Iaw provided or perm�tted,but each shati be cumuiative,shalt be in addition to every other remedy given � �'
<br /> " � hereunder,in the Losn Documents or now or hereafter exist�ng at taw or in equity or by statute.and mey be exercised concurrently,
<br /> indepen�entiy ar successiveiy. ,
<br /> 13 TrustAw.ThP Tn,ctae may resian at any t�me without cause. and Lender may at any time and without cause ap�soint a
<br /> successor or substitute Trustee.Trustee shall not be��able to any party.including without f�mitation Lender,Borrower.Trustor or arey .
<br /> purchaser of the Praperty,for any toss or damage unless due to reckless or willful misconduc�and shall not be requi�e�ta take any 1�. ��,:;� �,
<br /> action in connection with the enforcement ot this Deed of Trust unless indemnitied.i�writing, tor all costs,compensatlon or '�,;
<br /> expenses which may be associated therewith.In addition,Trustee may become a purchaser at any sale ot the Property QudiCial or _ `
<br /> • under the pnwer oi sale granted herein�;postpone the sa�e o(alt or any portion of the Property,as provided by law:or sell the ..
<br /> Property bs a whole,or in separate parcels or iots at Trustee's discretion. •
<br /> 14. Feee and Expensee.�n th�event Trustee sells the Properiy by exercise of pnwer of sele,T�ust�e shatl be entitled to apply ,
<br /> an�r sat�proceeds first to pa�r:era ot al�costs and expenses of exercising power of sale,inctuding aIl 7rustee's fees,and Lender's
<br /> artd T�ustee's attorney's fees,ac�..a��y�rtcurred to extent perm�tted by appl�cable faw.In the event Borrower or Trustor exercises any
<br /> nght provided by Iaw to cure a�G�ent of OeAa��t, lender sh�li be ent�tled to recover from Trustor all costs a�d expenses actually
<br /> inCUrred as a aesuY of Trustor'a default,inc�wd.rtg without t'mitation all Trustse's and attorney's tees,to the extent permitted by
<br /> appGcable law
<br /> 15. FutuPC3 Ac�vartc�s.4��a^ request of Borrowe�. Lender may. at�ts optfon,mak�a3dit�orta�and luture advancea and re-
<br /> advances to Borrower.Sueh�.avances and readvances,witn�nterest thereon,shalt�e sec�.��ed by m�s Oeed of Trusl At no time shall
<br /> thQ principal amount of the rae.:edness secured by this Qe�d af Trus�not mcludmg su,^�s s�vanced to protect the seCUrity of this
<br /> ' Dced of Trust, exceed th�o�,�^ai principat amount stated herein,or$3 5�d 20.�0 whichever is greater.
<br /> 16. Miuel�aneow Peorisiens.
<br /> � (a) �nowmr Not Reieased.Extens�on ot the time for payment ar mod�f�cation ot amorttac•:-�o'the sums secured by this
<br /> ' Oeed of Trust granted by Lender to any successor m interest ot Borrower shan not operate to r��.a�.n any manner,the liabd�4y
<br /> • at the or�girtal Borrouver and Borrower's successors in�nterest.Lender shau not be r�4�irea to Commence proceedings agairtst
<br /> � such successor or refus�to extend time for payment or omerwise mod�fy amornzaao�of the sums secured by th�s Deed of Trust
<br /> � by reasan of any dernands made by the original Borrower and Borrower's successors in interest.
<br /> (b) �Sder•o pavnora.Without aNeci�ng the I�ab���ty of any atner person 4ab:e for the payment ot any obl�gabon hare�n
<br /> mentioned,and unthoutaifecting the I�en or charge ot this Oeed of 7rust upo�any portion of the Property not then or Meretofore
<br /> ' re�eased as secunty Por the tult amount o�atl u npaid obt�gauons.lender may.from time to t�me and without nohce(�1 re�ease any
<br /> ' person so liable.(i�)extenG the matunty or alter any of the terms ot any sueh obl�gations.(iii)grant ether indulgences.(�v)release
<br /> or�econvey,or cause to be released or reconveyed at any t�me at Lender's opaon any parcet,porUOn or a11 of ine Property.
<br /> ' (�)take or release any other or addition8t security tor any obligation herem ment�oned,or (N1 make compoamons or other
<br /> , , anangements w�th debtors in relation thereto.
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