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<br /> ° tekan or demsped,Lender ehell heve the optFon in Ite ecls end ebsotut�Qtaorotion,to�p�+fy�U suah Proes�dt,�1ta A�duothp th�nlrom ,, • . _
<br /> ' �•'��;`, . sU costt and expenees inairred by it in ooaneotiaa with suoh Proce�4s,upor�ny indebtedna»ssauretl No�eby en�bn suah ordi�u . •• � �.
<br /> • Lander moy determine,o►to eppty elt euoh Proeeede,efter eunh deduotEoa�,to the ro�torettan o}the P►eperty upon such oondittons�a , -:',. � '•%:
<br /> •� l�der mey detemtlae.Any eppttoatinn ot P�eoaede to irtdabtednees shop eot axtend or poatpone the dee dete o4 eny psymant�under �
<br /> • - . the Nots,o�oure a►Y dd�uh thereundet oe hotoundet.My unepplted tunde�hst�be patd to Truster. ' ` --"-' ----
<br /> � 8. P�e(onnmao b� L�ader. Upon the occu�renee of nn Event of Oeteutt heraunder, or if eny aot!s t�ken o�(epat ptqCMd�tp . 'i;" ��v' -
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<br /> ' oommcnccd cahlch es�utcrtaUy aifuato Lrndcr'o intormt in the Preperty,l.er+der eney in ite own diaoretfor►,but withoat eb�ipotian to da eo, -
<br /> . and without notioe to or demand upon Truator and wkhout roleadnp Truetor irom eny oblipatton,do�ny sat whioh Tru�toi lus epmd � � �
<br /> but taila to do and msy aiso do eny other sat h deems�ecsssary!o ptotaot tho:aoudty hereof.T�uetot sha0,imm�dt�tely upon des�snd , ,'.�'����_
<br /> • therefor by Lendo►, pay to lender eli aoete end expeneea inouned end sume expendod by Le�der&�eonneotlon wEth tAe excro3ae by , � J
<br /> Lendcr ot the foreooinp �iphte,topethm wlth Mtereat the�eon et the defauft rste provided in the Note,wh{ah �hal1 be sdded to the
<br /> indebtedneae seourod hereby.londor shell not(ncu�eny IiebfUty beonuIIe of enythinp it may do or omh to do heroundes. ' '
<br /> 8.Hwrdou�iMstaiab.Truotor ahell keap the Proporty in eompilenee wkh aii epp�ioabte bwe,ordinaneos and tepulntlan9 mtathp to � , __
<br /> � induotrlel hypFene or environmontai proteotfon tcoileo4ivoly rofemd ta herefn ae'Envhonmentei lewe').Tnastor e!►eil keep the Ptopetty „ =_
<br /> iree from efi subaterieas deemod to be hezerdoue or toxio under eny Envtronmentet Lewe(coileotivety referred to heretn aa°H�asrdoarz ; � ,
<br /> • Meteflete'1.Truato� hareby wercants end rapresente to Leada�thet tFw2o ore Ao Heurdoua Meterial on or undes ths Property.Tnmcor 1 .. ,
<br /> ' � lemreby aprees to(ndom++My end hotd hertnieae Lender, ka dtreatore,o4�ECO7s, emptoyeea and apent�,and any suoeaasore to laeeQmdo ;, -
<br /> ian4rrest,f�om end apeinst as►y ond oil ole(ms,damagea.Eaaaos c�d l`�w"�26os arlstnp In eonneotion with ths presanea.�eso,d'ragaaa9 ar � �,,,,,,_
<br /> 4vam3poR of enY Hezerdoue Matoviole on,under,from or o'bou4 4Qeo Rv�Ba�¢y.TQIE FOREdOINd WARRANTIF•S AND RER�f'�.�ENTL44E0L'�S, �,.,, �
<br /> A�fD TRUSTOR'8 OBl.tOATIO�fS PURSUAIJT TO THB FbQigf�Otl�G 6?��L�P�Nt�Y,SHALL SURVIVH RECONVEYFINCE Qff'PG9CS @�QF ;`;�_�--
<br /> ,i T6tUST. ...`'r;G� ---
<br /> � 's:,-�.' 1 O.��laeeamt ot 6iea4o.Trustor Aormby a�scgna t0 l.ender the ron4o.�es end p►ofko of the Property:Provided t@emi 4ctestcrp a'tui7L .. ,. --
<br /> , �":'�,j� •`�', untii the oec�n�nc0 of an Ev�t of Qo9auft P�ereunder,have t4�0�ght to coCacII and reta�n such ronte,isauea end pro4i4m as flPeoy @�carnza ' ;,��f_' �°
<br /> duo end peyemta lD�►on th0 ocaar�enco ot mn Evxnt of Oa9auie,lender moy,either fin pm�son or by epent,with or wilcQ►we4 @rb�pinp arry � �
<br /> . . extian or proceading,or by a�receiver eppainted by a eourt amd without rept�rd to tho mdequeoy of he securlty, entor upc�and taks �`�r`��'''"``
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<br /> ,_;'�,:�;�., possesoton of the �roperty, or any part tQ�eTeof. in ita o�vo �ame or in th0 rtemo 04 4B�o Trustee, ead do any nata whit�it deams . y �;'
<br /> �1•�;�.;�..;, necessary or desituible to ptoaerva the vaMe,ca4rketebility ar rontability o4 the Property,or cmy pert tAm�eo4 or(nteroat thereln,inmmmsa � '��•_..=
<br /> `�'���+ the income thorehom or ptotoot the socurisU�ereot and.wftF�or without takern8 possessoan of the Prop�fil,aue tor ot othetwiae co�£cvt ; �°-
<br /> , ���'�'�`- the rents,Isaues end profits thereof,inaludi�e�ahosa past due and unpaid,onfl oppfy tho aemo,Iess aosts end expanees of operatFom¢�►�2 � ,��,;,.,
<br /> cm7vation inoluding attomeys'Soan.upon any indebtedneos aeraired ho�ebq,e1l an such a��or ma Lendet may determine.The entetA►p upa� •� '•--"y""'
<br /> mnd taking possession of the IP�overiy, the colleotion ot sus'R�r¢nte,issua�and prof(ta emd tha epplioetion thereof es a4ormas3A,shall not y�, -�.
<br /> c�ro or waiv0 any de}auk or nalfica of deteuk hareunder or a�val:dete any ect�m�e in response to such det�h ot purauant to suah notioe . , ' ��
<br /> ' • 04 detauk enc3,notwithetending tho contmuance in poasesaion ot the Propert�vr the eoileotion,roaefpt and applioetion of ronts,issuat or "���,� __ _�
<br /> .�_:<�« �ofke,end Tv++stee end Lender eheil be enRnlad to exereiee evary riQht provided tor in any of the Loa�Inatnrments or by taw upon � • �
<br /> �;�'� occurcence o4 any Event of tDefautt,includ�np wkhout limitacion the right to mceroise the powet ot eaie.WRhm,Lertdet's riphts and �� .:,�
<br /> j ' rmmc+die� unaiar ii�i,+ yn�o�.ei:h a2talt lsa cur:.c:laLiva :�ifh, astd fn ao rtay g limiletion nn, lander's �iQhts end re�a9ias under enY ___ , _-
<br /> - �,�+ , < •, aA�gnment of leeses and rents reco►ded against the Property.l.ender,Trustee end tho recehret ehell be tiebto to eocouaQ�r+ly tor thoae , �'� ,
<br /> },1+ } �ente eotueity reoeived. • �rj ;�t{ ' $
<br /> 11.Ev�nte ot bs}euk.The tollowing ahA7'cc�etkute en Event of Defeuk under thie Deed of Truet:
<br /> � � �!�d • •�� (e)Feiluro to pey any installment of prmaipa�or interest of any other sum oecured hereby whcn dus; �;r�;'� �;
<br /> .r.,, . . ,
<br /> ','y';`.'. (b1 A breaah of or detauk under any provision conteined in the Note, this Deed of T�uet,eny of th�6oen InsUUmmte,or ony� :::��t`i',:'+' '
<br /> ' other lim or enaumbrenae upon the Property; ��� �'�� `
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<br /> � (o)A writ of execution or attechment or any eimiler procese ehafl be entered againat Trustor whioh ehetl becama e Cron on the ; ,�'�,
<br /> Property ot eny portio�thereof or intereat thorein; % %f
<br /> (d)'[hero ohall be filed by or eyeinet Truetor or Borrower an aotion under any preaent or future federal,etete or other atetue,taw � �/T*� �
<br /> •- �,;,:
<br /> or ropuktion releting to benkruptoy, {neohrenay or other reliaf for debtore;or tha�e shall be oppointod eny tnestee, reoehror or ,;,
<br /> IIquidator of Ttuator ot 8orrower or of eIl or any nart�f the oo�peny.or the ronto,�SSUee or profite theroof,or Truvtor or Bottower
<br /> ehell meke eny general assipnment for the benefit of areditors; �,'''�'
<br /> (e�The eale,trenafer,teese,assignment,oonveyence or turtFier encumbrance of all or eny part of or any(ntereet in the Property, I , ,���•�Y
<br /> either voluntarity or invotunterily,without tha ezpress w►itten consent of Lender;provided that Truator shall be petmi2�ed to exeoute ' ' �_ ��!
<br /> a lease of the Property thet does not contein an option to purchase and the term of which daes not excaed one year; �' �!'!� � .5`3_
<br /> +:• (f) Abandonment of the Property;or ; ��•+ �,"'�
<br /> � , <<�,1\
<br /> \ (p)If Truator is�ot an individual,the iasuaneo, sele,trenstar,asa�gm-+�r�ot, conveyance or encumbranoe of more than e total ,. , .,...Z• 1��.
<br /> , .,��'.,� i ,,,•;,.
<br /> of ri� percent of(if a corporation)its issued end outstanding sZOC�c ar lif e pertnerehip)a totel of N/A Ra�+t oi ' •;�••�
<br /> •'•� "'����'���� partnerehip fntmeate durinp the period thie Deod of Tnest sem�aina a lim on!he Property. �'�'. .=:
<br /> � :'�: -
<br /> ,��;:��� 1 y,q�dl�s;Accstention Upon Oetwk.In tho event o"eny Evoat of DefauR Lende►mey,wkhout notiee excep3 es aoquired by law, ti y T
<br /> dectare ell indebtednesa seeured hereby to bo duo end payeble e�d the samo ahall theraupon become due end pe�a�le wkhaut eny -_.±� :;
<br /> presentmmt,danend,protest or notice of any kind.Thereaher Lender mev: �-' -
<br /> i'•.' I (e!Oemand thet Tnistee oxerciae the POWER OF SALE yrantad herein, end Truetee shell thereafter C6U90 TNBLOt�B interest s��-
<br /> I in the Propercy to be eotd end the proceeds to be diatributed,elI in the menner provided in the Nebraske Truet Oeeds Aot; . ���}s-
<br /> • (b)Eacerase any end aIl rights pravided for in eny of the Loa� Inatruments o� by Iew upon occurenea of eny Event of .,�,.
<br /> ' �efeuft:end .1..,>_`
<br /> ' (o)Commence en aotion to foreatose this Oeed of Truet ae e mortgage, appoint a receiver,or epeclficeltq enlorce eny of the • �`�;iY.;;
<br /> oovenente he►eof. . �� `
<br /> • No remedy horoin confened upo�or�eaervod to Truatee or Lendor is intendmd to be exa!usive of any atha�rerr+edy Aerein,in the Loen . ;;�Y
<br /> � Inetrumente ot by law provided or permitea3..L�t each shall be cumuletmo.s�al!be m addition to every other remedy given heteunder,in --.�'
<br /> the Losn Inatrumente o►now or hereaftar existmg at law or i�equity or�v atatuie.and may be exereiaed eoncunereliy.independentty or � r
<br /> successively. �
<br /> 13. Ttustoe•Tha Trustee mey resiqn at eny time wrtho:�ause,end Lender may ae a�y time end without cauee eppoint e eucceseor '•"•`•
<br /> ' o�substkute Truetee.Tnistee shell�ot be lieble to eny pary,inelud'mg wahaut limitation Lender,Borrower,7rustor or orey pu�chaser of
<br /> the prc�r'cr, for any tose or damage urttoas due to reck�esa or wilHm' m�9co�duct, end ehett not be tequired to tatce Ony mction Pn "�:_��
<br /> � �rtft�w,:c'1 the onforcemant of this[D�.+d of Truat unlese indemnd�edi-ert writing,for eIl coste,compensetion or exReneeu w�eich m�oy .����•sr;;
<br /> •'�i;' �t,,,_.
<br /> !ee m3sw�2e,�rJ�erewith.In eddkion,Tn�t�ne may beeome e purehas¢r et any sate of the Propwty tNdieiet or unda the power a4 ae:e ,,;��,..
<br /> � � drmrtted Pcerc+�Y:P�Daoe t4ee eete of eII or eny portion ot the Property.es Provded by Iew;or setl the Property as e wgate,or in seporete ,:L;�
<br /> �a�a^3 ar lsts M Trust�'a discretion. ,.�'• =
<br /> 14.P�s aied Espers�.tn the event Truatee sells the PropeKy by exercisa ot power of sale,Truste�shatl be�nt�Elod to uppty eny eale
<br /> oreeeed3 4ie�L'to R+31Rn�t of ell costs ortd expenses of exetcising porner of sele,metudcnp etl Trustoa's toss,end Lander'e and Truetee's
<br /> . • ettomey's fos�.actualiy ineutted to exSenY pertnitted by eppl�cable taw.cn trte event aoROwer ar i rusiai o�cmwaw ar�y:b:.:p�o�'�:o.:�� .
<br /> ' lew to auo a�Event a4 Defauft,Lendac Snell be entitted to recover fram Tresstor alI eosta and exaertscs actua!ty incurced ns o resuft of
<br /> ' Trustor'e de7euR.inetuQinfl w�theut i.inaetion otl Truatee o end ettomey's fees,to tho esscent permitted by uR9�«�����+•
<br /> 1 s.Wtvro Rdvenea+•Upon request of Borrowor, tendot may,at it3 option. m�ho�dditional and future sGvmocer�and readvencea to s
<br /> Borcowes.Sue►i ndvsnces and readvencos, with interest thereon. aheU be secu►Ed by clvs Oeed of Truat. At rto Lrno shatl tho prineipet .
<br /> amount a4 tf�o indebtedness sesa+rod bk tfi�es Oeed oi Truat,not indu3�n{{sums c3v+mcrsd to protect the security of this Ooed ot Ttust,
<br /> wccead tha o�ipinol prineipal amount sTStad Aorein.or S f0.�n.whichovm rs greater.
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