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<br /> - �R��l<7��i7�� r��—�"-` -----.-=--
<br /> � . � �T�-___.
<br /> � , � <��t.'�k"• _.__..—
<br /> . � 9. wtaaardous Illttafll�l�.Truetor ehai�keep tha Propert�r In compliencs wlth all eppllaebte laws,ordinancos and repuletlons ��-��=�� "—
<br /> �• ' ,, r o t a d n p t a I n d u�t r i n i h y a l o n e o r environmontat protootlon(col�ectivety reterred to herein ae"Hnvlronmentnl l.awo"1.Tnaator ehatt � ", - �•�=:---
<br /> koap tho Propc�rry troo trom eU aubatancea deemed to be huzardous or toxia urtder any Environmentat Lews(aotlo�t�vety reteRed tn �� `�?_:��;�___
<br /> " horoln os"Heu►rdoua MetA�iats"�.Truetor hereby v�arranta and repreaenb ta Lender that there are no Het9►doua Mate►lela on or � •,;?�=__
<br /> «, under ths E►ropeny.Ttuetor hereby n�rees to irtdemnliy and ho�d hormteae Lender,ita direotore,otticere,empioyoos and apente,and _t°�-�—
<br /> • any eucceeaora to 6onder's IntereaR t�om and apalnet any snd all clalma,damaa�,loaae0 and Qabltities arteing in conneatlor�wlth ,_--_
<br /> ' �. ..,. : tho ro�CnCO,u�a,dlspot�t or trnna@ort ot any Hesardous Materiais an,undor,trom or about the Properiy.THE FORE301N0 ,r__ •�_-
<br /> _ ..
<br /> ' WA iiANT1E8 AND iiEPREBENTATIONS,AND TRUBTOR'3 OBUCiATIONS PUR8UANT TO THE FORECi01N0INDgMNPi°Y,$HALL =
<br /> � BURViV�REC4NVEYANCE OF THt3 DEEC OF TRUBL `.`�`K
<br /> i0.AC•l�ssnt:r�t a!Rrnb.Truatar hereby assigna to lemler the renm,iesuse and p�Ants ot the Peoperty;providad that Trustor _�-��``�'
<br /> ehclt,unUl the oaaurrence of an Event of Oetauit hereundor.havethe right to cotieot and retain auch renta,Isaues and prafl4saa they -°`f-'�{`�"��
<br /> becc►me due and payab�o.Upon the ooaunence ot an Event ot Oetautt,Londer ma ,either in peroon or b � �nt,w�th or wlthout � �.Y�L4+{.;=,_
<br /> y Y 9
<br /> ls..#�;._N.=---
<br /> � bringing eny enNon or proceeding,or by a reaelver eppolnted by a court and wlthout regard to the adc3quacy oi its securriy,enter : •. :,��;�
<br /> � upon and mke possesolon of the P�operly,or any part thereof,in Its own name or in the name ot the Yruatee,and do any acta whlcb it ,.:;�,�?�,�______
<br /> � deems necessary or deairable to preaerve the value,marketabitiry or�entabillty of the Properiy,or any part thereot or lnterest therein, ,,.;,�,;;.-- -° ° ---
<br /> increase the inc�►me theref�om or protect the seourlty hereot and,with or wlthout taking possession ot the Proparly.sue for or '. .�;._____.
<br /> .,t:,.-', i..�_
<br /> othe►wise collect the��nt,s,lsscces and proftta thereof,inci�dimg te�ose paet due and unpaid,and apply d�e same,tesa eosts artd '.�•�w ;:�!-=�_="
<br /> : ••t,.. .�_�
<br /> . exper►ses of operal�om�ft��olt�c4[on including attorn�ys'4c¢g,upcn any tndebtedness secured hereby.afi in suah order as l.snd�r :< ;•::��?sa;_;r��„•
<br /> ° may determine.TPepe�efz�rEceg u�c►�rtd Eakiceg�SSEOn Q4 fho PQoRQK3►.t�o colteation ot sueh rents.issues and protlts and the . ._.��'__--
<br /> �^
<br /> - ' appllcadon therea9 as a�or�satd,shall rtot curo or waEvo ae►y defawit oe rtQ4Eco arf defauit hereunder or invaltdate any aat done in ,,� � —
<br /> response to such�E�!aocft or pursu.an8 to such eeo4�ee e9 daf�uR and.eeotwEE�s�e�dtm tl►e eondnuanee in Ress�s!an of the�roReriy or . ��•�'-
<br /> 9 . ,,,���._;:
<br /> • the collection,rece.Dt and appltce4f�n o4 rent3.Essu�s or RPa�iCS.aa�d 4rustoa a��lertdc3r sPrall ba ertEiEt¢�W ex@rCL�O u�r0ry r18ht •,:��,�,��, •
<br /> providedtorinanyottheLoanOocucrtan4ser�yGaw+upon�urren�ofanyErento90e4aut�.Ee�f�OipeSewii�ti�mf4�aaai�arightto ; .�_ �"":`°""�``-'
<br /> exercise the pow$r of sele. Further,Leneler's rigP►u and rem�dfos o.tnde�this paragreph 8halt be C�tmtc�Ati�a vr�4T�,aeed i�na way a ����Y`�
<br /> Qmitatfonon.Lere�atarightsandremediesur�claPAnyassfgnrrtanto4�easasaee�rentsrecordeda ainattQeoRu��eri�r.Lender.Truatee �� t `�..;_
<br /> and the►eceireP�iA be Iiable to account on�y AD�asa rents actuaily rec�ir;�a9. 9 �'�a f� _`�tEa.,-,;
<br /> ., .�`•; •?,,,----
<br /> 11.En��1 I�ttauit.The foltowing shall consdtute an Event of Caf�uit under this�eed of Trust '�':�=.,,��
<br /> � Qea ��ilure to pay any Instaliment of principai or interest ot any other sum secured hereby when due; '! •`�k� �.__.__.
<br /> �� (�) A breach of or default under any provislon contained in the Note,this Deed of Trust,any of the Loan Doc�cm�nts.or any ;��,,,�,R,.°--
<br /> ' othe•r lien or encumbrance upon the PropertY; ���`��
<br /> � �.'�1!�.�__°�i_�—
<br /> (C) A writ of execuUon or attachment or any simllar process shali be e�tered against T►ustor which ehall traccrmo t�lian on :��`:�. d__
<br /> � �•;,� the Propetry or any pordon thereot or interest thereln; � `, ����
<br /> (d) There ahal�be filed by or againat Ttustor or 8orrower an action under any present or future tederal,sta3e or othe► :,,, �..,
<br /> � statute,law or reguiation releUng to benkruptcyi,insolvency or other retief tor debtors;or there shaii be appointed any trustee, •:'.•�;E,���'^ —.
<br /> ^ '` ' • receiver or tiquldator ot Trustor or Borrower or of atl or any part of the P�operly,or the renta,isaues or proflta ther�o4,or TrusWr :�S�;�t;,, —
<br /> .
<br /> ` ;i--`- -=- or 8c,rrciwer&haii r�ai:e any gsnarai a�ignman!tor the beneflt o!cras!lt�rs: �' � `° � "
<br /> ^� (e) The�sale,trenster,lease,assignment,conveyance or further e�cumbrance ot ali or any part of or any intoeos4 in the Txy�•�� , _�
<br /> Properly,elther vo�untarfly or involuntarlly,wlthout the express written consent of Lender, provided thet T�ustor shali be ,
<br /> permitted to euecute a lease of the Property thet does not contain an option to purchase and the term of arhich does�ot exceed �. �� •��"��� _
<br /> one year,' „ �' �
<br /> (� Abandonment of the Properry;or
<br /> . `.;� (g) ItTrustor is not an indlvidual,the lesuance►,sate,transter,assignment,conveyance or encumbrance of mor¢ut^.��a totei •:��t,-
<br /> ,';`;.,,,..'' '. .�:,�` .
<br /> of.�_percent of pf a corporaUon)its tesued and outstandMg stock or(if a partnership)a total of parcent of
<br /> p8rtnership interests dthing the period this Deed of Trust remains e Iien on the Property. i ��"� .�'
<br /> 12. Remediss;Aoaleratton Upon Oefau�.In the event of any Event of De}auit Lender may,without�otice except as required by �, fh;. :;
<br /> "'�'�`-!. law,declare ali indebtedness secured hereby to be due and payable and the same shali thereupo�become due and payabte �
<br /> „ .5,. , ;;,t,.. .�
<br /> .,r:�,:.�� w(thout any presenfinent,demand,protest or noUce of any kind.Thereafter Lender may. � . �'
<br /> °�� � (a) Demand that Trustee exercise the POWER OF SALE grantod herein,and Trustee shatt thereatter cause Trustor's ''-���?'��
<br /> interest in the Property to be sold and the proceeds to be distributed,all in the manner provided in the Nebraska Trust Deeds � 9/,/���
<br /> A� I �' '�_
<br /> ' (b) Exercise any and all rights providea 4�r in any of theLoan Documentsor by law upon occur�enc�of any Event of�efault: �
<br /> and »--
<br /> � �,,, (c) Commence an acUon to foreclose tth�s Deed of Trustas a mortgage,appoint a receiver,or specifically enforc�any of the . `��
<br /> ,i;; .; covenanb hereot. ! �;,�'_
<br /> � ;��` No remedy hereln conterred upon or reserved to Trustee or Lender is intended to be exclusive of any other remecly herein,in the
<br /> • Loan Documents or by Iaw provided or per��c�ed,but each shail be cumrsta4ive,shati be in addition to every other remedy given ; '"�`�
<br /> ' hereunder,in the loa�Oxuments or now or h�reatter existing at Iaw or m o�Gisy or by statute,and may be exercised concurrently, ��'�+
<br /> - independently or auccessive�y. � #�
<br /> � � � 13. Trustee.The Trustee may resign at any time without cause, and Lender may at any time and without cause appoint a '"-
<br /> {; �;14,i;•',1t••.
<br /> ..�,.;�„- . . succeasor or subsdtute Trustee.Trustee aha�l not be tiable to any party,inciudmg without limitation lender,Borrower,Trustor or any J
<br /> ' '}�:;� purchaser ot ttte Properly,tor any Ioss or damage unless due to reckless or willful misconduct,and shail not be required to take any �"'•
<br /> action in Connr�ction with the enforcement of this Oeed of Trust unie95�ndemnified,in writing,fo� all Costs,compensation or '�x �.
<br /> " exnenaes which c+ia��be associated therewith.��additfon,Truatee may become a purchaser at any sa:e ot the Property(judicfai or =
<br /> .. under the po�ver ot�ale granted herein);postpone the sale of all or any portion oi the Property.as p�cvided by Iaw:or aell the � ,
<br /> ; } , Pac�arry as a whole, or in separate parcels or Iots at Trustees discretion. , =
<br /> id. Feea and Expenses.In the event Trustee se�ls the p�operty by exercise of power of sale.Trustee shall be entitled to appty " f
<br /> • • arty sate proceeds first to payment of alI costs and expenses of exercising power of sale,mc�uding att 7�uatee's Tees.a�d Lender's
<br /> ,� , and Trustee's attorney's fees,actually incurred to extent permined by applicable Iaw.In the event 9orrcav���ar Tr�ator ex¢rcises any
<br /> right provided by tavv to cure an Event of Deiav�t.Lender shall be entitled to►ecover from Trustor ail�os:s and expenses actuatcy
<br /> incurred as a resuY of Trustor's default irsc�u��ng without Gmitation aII 7r4st�e's and attorney's tees.to 9ne extent permitted 0y .,;,`�
<br /> ! �•'1`Ii�`'i. aDpllcable taw. , , .
<br /> t5. F�ture Advaoces.Upon RQquest of Borrowmr.�.�rtcta�may, at its option,rcrake 4�ditional and future advances and re• ;�`
<br /> .•;�;�,'::` advances to @a►rower.Such adva�ces and rea�vances.w�tn�nterest thereon,shalt�e se����tl by this Oeed of Trust.At no time shall
<br /> the principal amaurtt of the indebtedness sccureC by this deed of Trust not including s4�s advanced to p�otect the security of this •
<br /> • Deed of Trc�si c�cceed B►e original pdncipai a^�a:,nt stated herein,or$�5ld.00fD 0a whichev�r s greater.
<br /> - .. •e Y OMYLIAN� .
<br /> •v (a) ��wer Not Relee=ed.Extension of the time for payment or modificatian o�amortization nf�he sums seCUreq by tnis
<br /> tl�d oi Trust granted by Le�der to any successor in interest of Borrower shall not aR�rate to release,+n any manaer,the liability
<br /> of c4�e original8ottower and Borrower's successors in interest.Lender shall not bQ reau�red to commence procee���gs against •�
<br /> � � suCh succ.�ssor or reiuse to extend time tor payment or oMerwfse modity amortization of the sums s2cured by ti us��ed of Trust
<br /> . by reason ot any demands made by ti�e original Borrower and Borrower's successors in intere�c.
<br /> ' (b) Lender'a Powen.Without afPocnng the Iiability of any other person tiable for the payrrr�:of any obligatfon herem
<br /> . me�t+oned,and without aftecting the tien or charge of thls Oeed ot Trust upon any portion of the P�ayerty not then or theretofore
<br /> released as security tor the full amount of aIl unpaid obligabo�s,lender may,from time to time and r+ithout notice(i)retease any
<br /> ' ' person so tiabls,(it)extend the maturity or alter any of the terms of any such obligations.(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 ot the Property. ,
<br /> " (v)ffike or release any other or additional seCUrity for any obligation herein mentioned.or(vi) make compositiona or othe►
<br /> � � _ arrangemenb wtth debtors in relatlon thereto. `
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