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<br /> . • t�• '" a 8. �iauMot�f�11�t�dals.Trustor shell koep the Property In compllance with ell appiioable lewe,ordinancea and re�ul�t4ortm ����' ' �'�,�';ti�.•'��`:
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<br /> • � relaNng to industdut hysleno or onvironm�ntai protaatlon(coilectively rofottod to horeln as EnNbronmental4av�s7.Truator shail
<br /> •' H kaep the Properly tree trom aQ eubatences deemed to be haterdoua orroxia under any Environmentai Lawa(colleodv�ty refeno�to , ._� �����'
<br /> _,._�;__
<br /> hereln as"Haaardous Matefluta'y.Trustot hereby warranta and repretente to Lertder that there are no Hasardous Nlatertttls on or � : ���s��__---
<br /> ° " under tfie PrapoKy.TPUator horoby ngrco3 to Indomnly e�nd hoicl ham+leas lende►,Ita direato►s.oNtcers,employeeaand agonta.and _
<br /> "" any successars to Lsnder's intereat,fram artd aQalnst any and alt cialms,damagea,Iossas and tlabitiUes adsirtp in conneaUOn witt� , ,_,,'�,_
<br /> t�e presence,use,disposal or trunsport ot any H�ardous Matertaia on,under,hom or about the Property.THE FORE�OIN(�
<br /> _ .. WARRANTIF&AND REPRE8ENTATIONS,AND TRUSTOR'S OBLIOATION$PURSUANT TO THE FOREf301N0 INOEMNIN$HALL =
<br /> • SUIiVNE RECONVEYANCE Of THi3 OEEO OF TRUST. = --- - ---�``-_
<br /> ' 10. AsstQnment of Renb.Trustor hereby assigns to Lertder tha ronts.lssuos and proflts of the Propariy;provid8d thpt T►uetor �� • "�;`�
<br /> aha11,unUl the ocourrence ot an Event of Qefsult hereunder,have the�Ight to coltect and retuln suah rents,laeuea And proiito as thoy , _�.
<br /> become due and payable.U�va h'�o occurrence ot an Event of Default,Lender may,either in peraon or by agent,wNh o�without . -
<br /> bHngirtg eny aation or proc¢¢�ltarg,or by a veceiver appoint8d by a court and without repard to the adequsCy ot its aeuurity,enter •
<br /> upan and take possesslon ot tt�o t?roperqr.or�r►Y PeR thereof,�n Ita own name or In the name of the Truatea,and do any aata which it .�_
<br /> deems oecessary or desi�ab!0 to�res�rvo Ct�or�ntue,marketebtlfty or rentabllky oi the Property,or any part Mereof or lnteresttherein. �
<br /> tRCreaeB the income lheroPrccn mr�ro4eo4 cho r-�curity hereot and, witb or withoot taking poasession ot the Property,suo for or ',���
<br /> � � oCttorwise COIIeCt the reret9.issu2s IInd p�Ofits 4Pe0nDat,irtctr�ding those past due and unpald,and appiy the same,leas costa artd � -� �;�
<br /> . � ex�anses of operatlon and coVlec4to�incin�dirtg�ttomeys'4�s.upon any indebtedness secured hereby,ali In such order as Lendet __
<br /> may determin�.The entaring upon end t�Ocing possession o4 t7�a Property,the cottection of auch rento,lasues and ptoflts and the • •�� �'�:�f�l_�
<br /> • appliaatlon thereot as ataresaid,shall not cure or watve any d�4a�nCt oe motice ot defauft hereunder or inva�idate e�y aCt done!n ,:;,;�._�"
<br /> responseto auch default or pursuantto such rtotice ot detauttand,nrahritCesYae�dtng the contlnuance in possesslon ol the Properry or � � �,;,�,,u- —
<br /> � tte�co�teation,receipt and at��tication of renta.issues or Drofib,a�d Tco,estea and Lender aball be enUUed M exercise every rlgM . , -- _�..:.�`'�=-
<br /> " � pvoyidedforinanyotthe6.aa�o0acumentsorbytawupona�cur�enceofa�yEventof�t�enitincludingwithout�imltaEP,onthedghtto ,�r t�-4-___
<br /> �`, en�rcise the power of asEe.Funher,Lender's rlghts and ree�adies umder this�aragra�h sP�ail be cumuiative with,ave�in flo way a ? ��""
<br /> ;;�;�^'s1 . . , .�,. .r �
<br /> Umitationon.leadarsdghtsandremediesunderanyassignmentof1easesandrenYsr�co��Wagai�stthePropaefly.L�aed@v,Tratst� ', . �
<br /> � and the re�3reP shaCl be Ilab�e to account only those rente ectually reoeitiECf. , .�,' ::� '� _
<br /> �,�,�
<br /> . 11. Evea9rd¢f1l�i8feuK The foilowing shall consUtute an Event of�a�auAt undmr tbtis Deed of 7rus� ' �:,i.,. :�r���A'R,--
<br /> 9d
<br /> - •;•,: (a) Failure to pay any instaUmenB ot principai or fntereat ot any�e,ha4 sua�smcared hereDy when due: : „ • �k:;,'�fi�;�,�M„:� -
<br /> ' � (b) AbreachofordeAau,ltunderanyprovisfoncontainedintheNmte,this�evdot`Trust,anyoftheLoan�acar.Reants,orany • :� �.'�%�+,�',�<
<br /> •" � • oiher ifen or encumbrance utnon the Properri: �'Y�Y�-��.�� � ���:
<br /> , 1�, (c) A writ of execuUon or attschment or any similar process shali be entered againat Trustor which shatt ba�ome a Ilen on o�=:� . � ,
<br /> ��:; �`�-"
<br /> the Property or any portlon thereof m�int�rest thereln: .�'��• � ,�'�<�`
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<br /> �`'' (d) There shell be flied by or a�aenst Trustor or Borrower an actlon under any present or future federal, state or other ' �
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<br /> -� sratuta,iaw ur raguinlion reieUn$ta ba:��rapic}i,In�lvancy or ather sellsf tor dehtorA;or therc,ehall be appolnted any tru . _� .�. _
<br /> receiver or Iiquidator of�custor or Borrower or ot all or any part of the Property,or the rents,issues or proflta thereof,orTrustor '��'.'r� �
<br /> a:,�_ '•),:��
<br /> . ;,:r� , or 8orrower shali mak��n�p generai asalgnment tor tho benefit of creditora;
<br /> ��. (e)The,sate,transtee,7ease,essignment,conveyance or fudhe�encumbrac��e-nf alt or any part of or an�p in►ereat in the �",'�'%'i; ` •,�,
<br /> Property.�ftheP voluntanily or Involuntarily,without the express written conaent of Lender,provided that Tv�us�ac ahall be .,;�:;'�•j�
<br /> ' ' '�„ permttted t�ouecute a lease of the Property that does not contafn am option to purchase and the term of which dc�es not exceed ' .
<br /> .,,d";. �,
<br /> ;;'-i one year, ' ��t,; , ,
<br /> •. (� Abandonmentot the Property;or -�'��°!;� '��e
<br /> (gj it Trustorls not an�vidividuet,the issuance,saie,transfer,assignment,conveyance or encumbrance of rta�ra than a to9�i7 ± ��`!+ •
<br /> ,��', of.�_percent of(if a corporatfon)ita Issued and outstanding atock or(if a partnership)a totai of percent of -�i*""
<br /> �'�. parMership intereats d�fring the perfod this Deed of Trust remalns a lien on the Property. �`'1'�,
<br /> rm '
<br /> ��`}• 12. Remadles;Acceleratlon Upon De4au11.ln the event of any Event of Default Lender may,rdthouZ�oUce except as required by , � �,;f r:.
<br /> law,declare all indebtedness secured hereby to be due and paysbie and the same shail thereupon become due and payem7� � '1:;:',� ,,,R
<br /> w i t h o u t an y presentment demand,protest or no8ce of Any kind.Thereafter Lender may. �'?:��'#���
<br /> (a} Qemend that Trvst�e exercise the POWER �F SALE granted here fn, an d Tru s t a e a h a i l t h e r e a t t e r c a u s e T r u s t o r's f.��,�;�; �'`.�"; ��
<br /> ' interest In the Property ta be sold and the proceeds to be dtstributed,all in the man ner provfded in the Nebraska Truat Deeds ?�. .. > 9`�' � •i
<br /> „ . .. AcX +�� ;,�r.• . • ,. , : =
<br /> ,,:.f`+, (b) Etcorc;seanyandatlrightsprovidedforinanyoftheLoanOocumentsnrbylawuponoccurrenceofanyEventof0efault; i :;��,;•::.�<i �`-
<br /> . „�t t, and , ,.``.,,:..•;� '#
<br /> ;(:'?•.,: . � (c)Commence art actlon to toreclose this Deed of Trust as a mortgage,appo�nt a receiver,or speclficaliy enforce any of the I -�_
<br /> '�;'���•� - covenanb hereof. �
<br /> '�"�' ' No remedy hereln conterred upon or reserved to Trustee or Lender is intended to be exclusive of any other remedy hereln,in the i -:.w�
<br /> �'`''� ' "'`��`•'• Loan OoCUments or by Iaar provided or permitted,but each shall be cumuiative,shali be in additfon to every other remedy given . ='
<br /> �� '•'�'E"�'�`'`� hereunder,in the Loan Documents or now or hereafter existing at law or in equity or by statute,and may be exercised coneurrently, i_
<br /> '. � .'�r``;"•:•` independenty or successively.
<br /> ���;.:,: �
<br /> � `!�:(5(` � ,` r.'" 13.Truttee.7he Truste�may resign at any time wrihout cause,and Lender may at any time and without cause appolnt a
<br /> :';'`;t;���:. ` � �uccessor or substitute Trusce=.Trustee shail not be tfab�e to any parry,inciuding without IlmitaUon Lender,9orrower,Ttustor or any � ,,.,. },'
<br /> '���� ' purchaser ot the Properry.4�r any loss or damage un�ess c�ue to reckless or wi��ful misconduc�and shali not be rceq�ued tomke any -
<br /> .,.,,�' �
<br /> ��.,:�•;: action In connectfon with 4U�e eniorcement of this Oeetl of Trust unless indemnifletl. In writing,tor alI costs,c�mpensatfon or .
<br /> �.•;t:., ;��� � ,
<br /> 1 expenses whdcn trtay Lte associated therewith.�n addiGon,Trustee may become a purchaser at any sale of the Property�udictat or
<br /> '��•���"'r under the pocn�ar�4 saU¢granted hereln);postpone the sale oi alt or any portion of the Property.as provided by Iaw: or sell the .
<br /> ':;����, " �. `%j4:��� Property as a whole,or�rt s9para4e parcets or tots at Trustee's discretlon.
<br /> :.•e;����' • .'>e ;,;:..,
<br /> <«;,� .���. t 4. Fmes and�(een�msi.��the event Trustee sells the Property by exercise of power of sale,Trustee shall be m�srtled to apFly , .
<br /> ,'•.�S?ir:.�:;,;;t.�, ' any sale prxeeds nrst 2o pa�ment of aIt costs and expan sss of exercising power oi sate,including all Trustee's teews.and Lender s �'.� ';�
<br /> 5. � S,`,�, �tl.�•:t� and Trust�e's attorney's fees,actually incurced to extent germitted by app�icable law.�n the event Borrower or Trustcnr exerclsea any
<br /> � {;'`•;;`.:�;;'�' .' rlght providec9 by Iaw to cure an Event ot Oetault,Lender shall be entitled to recover trom Trustor a'i costs anct expenses actuatty
<br /> � , Incurred as a resuft of 7rustor's defau�t� �RCluding without Iimita4ion all Trustee's and attorney`s re�s.to the extent permitted by � .
<br /> ��,
<br /> appllcabte tav�. �
<br /> 15. Fudtr�Amvama�es.GJRon request ot Borrov,�r.Lender may,at its option, make add�honal and tuture advanc�s and re- -
<br /> advanCes to Bonovrer.Such advances and readvartces,with i�terestthereon,sha�l te seCUred by this Deed of Tru�At no time shall ••
<br /> - .,._.,.,....s.,e�e..,,....,�,.�,no:�dor.r.��oaa racured bv this Deed of Trus�not Jn�luding�ums advanced to protect Cno security ot this
<br /> --------
<br /> ------ ...o.............._...__..._._.--�•----- - -
<br /> Deed ot Tr�exCeed the original principttl amount stated herem,or$ Z5,UUU.VU whichever is greeter.
<br /> 18. �f¢cQflaneous Provtstor�s.
<br /> �� (a) f�Drrowet Q�lot Releesed.Extension of the t�me tor payrnent or modification of amorP�aaeon of the sums secured�y this
<br /> peed ot Truat granted by Lender to any successor m�nte►@st oY 8orrower shall not operat�to rc�;ease.�n any manner,the i�ahifily
<br /> ' of Me original Borcower and Borro�ver's successors�n�nterasY.l.ender shall not be requir¢d 4o commence proceedings aga�nst ��
<br /> such successoror retuse to extend time for payment or o4henv�se modity amortizahon ot the sums secured by ti-nis Qeed of Trust
<br /> � • by reason o}any demands made by the original Borrower anG Borrower's successors m�nterost
<br /> (b)Loadar�Powots. Without aNeCting the Iiability of any otl�er person Iiablo(or Me payment ot any obtigation herein
<br /> ., mentioned,and without aftecting the Iien or charge of th�s Deed of Trust upon any pordon ot the Property not then or theretofore
<br /> _ ' � released as sscurity tor the full amount ot alI unpaid obl�gations,Lender may,hom time to time and witfiout no6ce(i)release any
<br /> �.� �serson so�iable.(i�extend the meturity o►81ter any ot the terms of any SuCh ob�igaGOns.(i�Q grent other indulgenCes.(iv)release
<br /> or reconvey,or cause to be releassd or reconveyed at any t�me at Lender s op6on any parcel,portion or all of the Proporty.
<br /> ' ' (v)take or release any other or additional security for any obligation herein mentioned,or(vi)make compositions or other
<br /> . arrartgstrtants with debtors in retaUon thereto.
<br /> . • �_
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