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<br /> �-� ��"'�� 9. Hautdow Mat�ta Truatsr Mall keep tl�o Praperiy In compliance with all eppilaa4le Iewe,ordinnnces and repuiatlons �rr�-��,���`�'`-'' "� ---_-
<br /> �4�;'s• -, � tetatirtp to Indttatrta�9 hy�tert�or env:rorsmental protoottan(cotleeNveiy reterted to herofn as"Environmentai ls►v�'�.Truator ahalt �. .. -"
<br /> - .. � keep the Properiy Iroe from alt�ubatancea deemed to ba hasardous or toxto urtdar any�nvironmontal Lawe(�allaatively retarred tn � ��<�
<br /> -.��� � � ' hereir�as"HorArdous Meterlet9'q.trust�r hareby�arranta and represents to Lender that there are no He=ardoua Materl8ia on or . �^ "''
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<br /> ,� undar the P�operty.Tivator hereby aDree�to tndemniry end hold harmteas Lendar,ib dlreotore.otticere,employeea end egeets.and
<br /> '�'��'"� Y�'���� any aucceaaora to Lendafe intoreaf.trom and ngalnat any and all clalma.damega3,lossea artd Aatrd�itloa arlainp in conrtsaUon with � "� ""'�`?-�:�:_-
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<br /> �-•<n,� �- • � °�� 4i�e prs�ence.use.dispasat or 4eanr.p��i ot �ny�rdou�Matortnta on,urtdar.from or nRs9ut the Proper4y.T6�IE FOpEbQtAft3 _.,
<br /> ;�;f';;;`:: '.',;�,�.i WARMNTIES AND REPRESENtAT101d8,ANOTRUBTOR'S OBUt1AAT10N8 PUABUANT TO THE FORE�OINC�INDEMNIT1l,$WALL �o-��
<br /> ._. '—�_ .;;�___ 8URVIVE RECONVE1fANCE OF THIB DEED OF YRUBT. ' � '
<br /> y:y ,:�:; .,. , , 10.AalpnnaM ot R�.T►ustor Aeroby osaigns to lender the reMe,issues and proflta at b7a Prop�y;pravl0�that?�ust�r � - - • � -='�
<br /> •.+. ..�" . ° shall,untli the occurrenceot an Event ot Oatault hereurtder,have the hght W colleot and remin auch rents,ieauea and protitaas tha�r ,
<br /> • � becomo due artd payable.Upon the oacurcenee oi an Event of Detauit Lender mey,either In pers�n or by agent,wfUt ar without . :
<br /> � bringing any eaUon or proceedirt�,or by a reeeiver appalnted by a couR and without repard to th�nde�uacy ot its secuHty,enter
<br /> • � " upon and teke posseaston o!the Prope�y.or any part thereof,in its own nama or in the name of the Trustee,artd do any ects whtch it ,.
<br /> '^ ' � deema necesaary or deslmbfe W preserveU►e value,ma�lcetabllriy or rerriabillty of the PropeRy.or any part trte�aot or IMereattherein. ,
<br /> ' , incr�a;�a kt2o income theretrom or Rrc�t ttte security hereoi and,with or without mkinQ passessfon of th0 Presperty.aue for or ��
<br /> ' , othmm►E:,�cC'.teCt the�er�ta,iasues ctet9 Bn+fits thereof,inciuding tbose past due and unpaid,and apply tho r,artn�,tess�sts a1d a
<br /> pacy�n,�3 C9 C{,tora4ECS�end collecticn ErtctuQimg eRtcmeys'tees,upon any indebtedneas secured hereby,ap ire�uch orde�s se l�er►der �r• .
<br /> � cm�b d�arcrtErt�.YP�a�e►4eflrtyg u�as�art� 4akiceg p���ssion ot the Properry,the eatt�tlon of such rents,issv,q�sd p�tiSa ern�the , ' �
<br /> ^ aa��Fis�A t�tBtt�9 eo al�cti'�satd.shat�aeol eo�ro a�rratve eny detauit or rtotico e4 c£�,e�tt hereurtdsr or EnratEdaC�an���4 do�a In
<br /> aasgnc�¢a such�P�ouGR a�r�pursoiaro2w�uch a�c��ot detauft artd.notwrihstandleg t�no�cnttRV,ertce E�p�ss�cECn ot dva Proge�ty or . . _
<br /> no c .
<br /> � " t«Ci�;y,�ttcan,rer.elpi and apDit�a�an�rar�4s.6ssuea or Proflte,and Trustee art�lrzmd�r s4eatl�a @r�4i4tet14o exerctsr�oxe�r cight � "
<br /> . . .. �.mui0e�8mrin enyof theLoanO�uc�orsbor byta�a upon axurrenceotany Even4ot @e�?�tiPt.iencl�Engu+rithC�at Itm�Eatic�n4?n3r��htto `
<br /> ou
<br /> � ° r�uceocise tAa power ot sate.Further,t�ir��er's rights a�ed r�emedtes under thfs pare$rag�n shatl @e cuenWattve�rith.end in cro way a .••:. �•� - -
<br /> . ° � 7umiLationon,Lendefsrightsandremediesunder�e►yasslgnmeatofleasesendrentsPeaordedagainstthe�ra•;�e�fv.L�der,Tn�stee :. .. . - .
<br /> ° and the recelvet shali�e Bablo to account oMy t4aa�c�,csnffi ectuaily recefved. -
<br /> ° . 11, E�mb d I�a�l.The following ehall const��ute an Event of Oeiault under this Deed of Trust
<br /> • � (� Failure to p�y any insfallm�ntof pdnclpai ar interest of any other sum secured hereby when dnoa;
<br /> • Qbp Abreachotordeteultun0eranyprovisioncontainedintheNote,thisQeedoiTrus�nnyoftheLoanOocuments,orany -
<br /> oiher oi�T e�enaembra�sce upon the Property; 4 �
<br /> (c)A writ of mn�ution or atmchment or any similar process shall be entered agafnst Trustor which sP�ali become a Ilen on ��',�-
<br /> th�ProRariy or pny a�rtion thereof or interest thereln: : , .. � � -
<br /> • ° (d)There sha�'t�a flled by or$galnst Trustor or Borrower an actlon un�r sny present or future 9�deral,state or other ��� :� ���..,
<br /> ' st�EOego,fav�or regulatlon refatir�g tp bankruptcy,insolvency or other reiie4 4oe dma`�rs:or 4P�are shail be appointed any trustee. *�• � ,
<br /> � reaa6nQr or Iiquidator of Trustor or C-�artower or of aIi or any paK of the Property,ar 4tr�s rere4�.issues or protita thereof.or Trustor � ', �'�"t 4 •
<br /> � or�s�ower shatt-make any g�no.r�ai assignmeni fior ihe bene8i oi creniitcir5. �(� ,{ � :
<br /> � • (e)Tha,sale,transfer,lease,assignmenL co�weyance or further encu�wansxa af a[I c-a�y part e4 or any Inter�st in the !
<br /> � Properly,eiUfar v�:cenffirlly or involur�rily, ati+i"u��ut the express w�itten co�sen4 of Lereater, provideN r,t+�t Trustor shwU be p _-• �; �
<br /> � permtited to execu�a lease of ffia Properry 4ha4 di�as not contain an opUon to�urctr�ase and the term o4 wi�S�'�does rtotexa�ed i;. �
<br /> • ' , . pn@ y@g�' ° ;.,
<br /> �fj Abartdonment of the Property;o� "
<br /> � r�j)14 Trostor fs not an indivldual,the issuance,saie,tra�sEor,assignment,conveyance or encumbrance of more than�totat ' � 1'��?�"�
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<br /> �;' �: ot.�—percenc of(If a corporatbn)Its issued and outstanding stock or(if a partnership)a totai of percent o i �i Si��
<br /> ;.• ' p8rtnership intereats du►ing the pe�lod this Deed oi Trust remains a�len on the Property. 6 ���. ..�•
<br /> • 12. Ramedie�Aeeetovmtlon Upon OeteulG In theevent of any Event af Default Lender may,without notice exceptas�equired by I -
<br /> � ''�' tavir,dectare ail indebtedness secured hereby to be due and payable and the same shall ther�upon become due and pabable f •. a
<br /> ' ''' without arry presentment ctemand,pro4mffi o�noUce of any kind.Thereatier Lender may. .��
<br /> .' ��'?''"' (a) Demand that Tauatee exer�isa the POWER OF SALE granted herein,and 7rustee ahail thereaiter cause Trum4or's ,s �
<br /> . � interest in the Property to be sold and the proceeds to be distributed,ali in the manner provided fn the Neb�aska Truet Deeds �r�
<br /> Ack �
<br /> _ " (b) ExerciseanyandailrightsprovidedforinanyoftheLoanOocumentsormylawuponoccurrenceo4anyEventofDefau!!: ,
<br /> and .
<br /> ~ (c)Commence an action toforecbse this Deed oi Trust as a mortgage,appolnt a recefver,or specificalty ento�ce arry of the
<br /> . covenan4s hereof.
<br /> � No remedy herein conferred upon or resenred to Trostee or Lender is Intended to be exclusfve of any other�emedy hereln,in the
<br /> , Loan Documents or by I�w Qrovided or perrnitted,but esch shall be cumulalive,shatl be in addition to every other remedy ghren j � '
<br /> � hereunder,in the Loan Qocuments or nowor hereafter ezisting at law or in equity or by statute,and may be exercised concunently, �
<br /> independenUy or sucoessively. "
<br /> 13. Trustas.The Trusteo may resign at any Ume without cause,and Lender rnay at any tim�r and without cause appmint a � ,`r.:�`�i,
<br /> sucxeasor or substitute Ttustee.Truffiee shall not be liable to any party.inctuding without IimitaUOn Lender,Borrower,Ttuslormr any � .�,,�rc,
<br /> � purChaser of tMe Properiy,forany Ioss or damage untess due to recktess or wilitul misconduct and shall not be requlred to ffike any i
<br /> action in connection with tfie enforcement of this Deed of Trust unless indemnified,in writing,for ail coats,compensatlon or �
<br /> expenses which may he associated therewith.In additlon,Trustee may become a purchaser at any saie of the Propetiy Qudiciai or �
<br /> under the power of sate granted herei n);postpone the saie oi ail or any portion of the Properry,es provided by law;or setl the •.
<br /> Property es a whole,or in separate parcels or lots at Trustee's discreUon. �
<br /> 14. Fees ated Eupenses.In the event TrusDee selis tfie Property by exercise of power ot sale,Trustee Shail be entiUed lo apply
<br /> any s81e proCeeds first to payment of atl costs and expenses ot exerCising power of sale,inciuding all Trustee's fees,and Lertders
<br /> and Trustee's attom�i s fi�s.actuaily mcurced to extent permitted by applicab:s iacvr-Irt the event Borrower or Trustor exercises any
<br /> " �ight provided by la�v te o�re an Eeent of Oefeult,lender shall be entltled to rewL�er from Trustor all costs�nd�xpenses actue�ly
<br /> �..,,_ incurred es e result of Tnistar s detault inctuding w�MOUt Iimitation au Trusaee s and attomey's fees, to e+�e cx4ent p8rmitted by
<br /> ':;:t�,`.t,, ,;���� aPP�icable Iaw. . �
<br /> -•' ;; .rs'•�.�'.r• 15. FuUtro Ad�a.T,¢as. Upon requcc�tt of 8orrower. lender may.at its optiore,ma:ce add:t•�anr�l and fucure advanec�ernd re- .
<br /> ��'�. �.��,,'c.;•:...� .' advances to Borro�ner.Such aQva,nes and readvances,unt.��nt�rest thereon.snalt De secured t�y t�+isQeed of Trust A4 rno time shall
<br /> :iit�:
<br /> • the pflnciFal amount nf We indebtednesssecured by ifvs QEed of Trusf,not�r�cluding sums aCvanced to prat�ect tD�e security of this
<br /> [?eed of Trust ettec�19te original priAcipat amount smnid hQr�m,or 5 �-����-� whichever is grcamr_
<br /> :� ..._ -
<br /> . ...�..,.;,...�..�.�....:.:�..... -
<br /> (a) Bprtprrh[ttp!Rdestsd.EaRension of Me time fnr payment or modification of amortization of tfle suras secured by this
<br /> Qeed of Trust granted by Lender to any successor irt interesi of Borrower shali not operate to re�ease.m any manner,tiieliabitiry
<br /> of the original8onower and Benowers successors in intorQSt Lender shali not be reqwred to commencr3 preceedmgs against
<br /> suCh successot or►etuse to extend time tor payment or otherwise modity amortizaaon ot the sums secu►ed by 4his t3eed of Trust
<br /> � by reason ot any demands made by tAe orig�nat Borrower and BorrowePs successors in interest "_
<br /> (b) Llnd�'s Powen.Without eNecting the I�eb�Iny of eny oth�r person Iiable for the payment ot any obligation herein
<br /> mentloned,artd without aftecting thBlien or charge of th�s Oeed ot Trast u�on any�on of the Property�ot e'een�r ttseretofore
<br /> released as secueity br the full amount of att unpaid obtigations.lertder may,trom time to time and without noeiee ti}r�ease any
<br /> - person so�iable.(i�extend the matariry or alter any ot the terms ot any such obltgations,(ui)grant other mdulgenten,li��±release
<br /> ot reconrey,or tause M be reles.ed Ot reCOrneyed at any time et Lertdet s option 8ny Parcet,porGOn or atl ot She Froperty.
<br /> ' (�ffike or►elease any other or�ddi6anal security tor any obligahon herem mentioned.Or(v�1 mdke COmpos�tion8 or otfi@r
<br /> . 8rrangemenffi�h de�icrs in rot8tion thereto.
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