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<br /> � ' � 94- �05�;5
<br /> (p)It Tru�tar ts not an Indlvidual,th�Inuance,�ala,tramfer,as�ipnmsnt,conveyancs or encumDrance of more than i t�ts1 '
<br /> ot percent of(I!a corporatlony Ite Issusd and outstandlnp stook or(If o partnerohip)a totai of�..tferaent o1
<br /> partnerohlp intereate durirtp the per►od thie Oeed of Truat rem�lne e�Ien on the Property.
<br /> -�; 12. Itwn�dMr Aac�Mr,�11on Upon OMw�I.ln Me event of any Event of Oofauit Lertder may,without noUce dxc�pt��s�uir�d by
<br /> Itw,d�o�sn all�nd�bta�dne��eecured h�reby to bs due and peyabte and the eams thall thsr�upon b�come due end p�y�bto
<br /> ' wlthout an�►praaontme�n4,damand,prottnt or notico o}any kind.Thmenite�Lendar mey.
<br /> _ (�) pam�nd thet Trunes exsrat�e the POWER OF BALE puht�d heroin,and Troetss ohati th�re�ttar cauee Tru�to�'�
<br /> . latrfbuted ait tn the manner avided In the Nebreuka TnsK Daeds
<br /> th roceede to be d pr
<br /> n e �
<br /> Pr to be so�d a d
<br /> t In the o e
<br /> ;, inter�s • rn►. �
<br /> _-- Aa� .
<br /> - (b) Exarcise any and ell riphte provided tor In any of th�Lcan Inatruments or by taw uRon ocourrenca of an,y Evsnt oi
<br /> , � Defautk and
<br />- o Commence an eadon to forealose thls Oeed of Truat ea a moRpaqe,eppoint a recelver,or specifioalty entorce any otthe
<br /> . ( )
<br /> �� covenante hereoi.
<br /> �!o remedy herein conferred upon or reserved to Trustee or Lender is intended to be exclusive ot eny other remedy herein,in th�
<br /> Loan Instrumants or by law provldad or parmitted,but esoh ahall be cumulaUve,ehalt be in addltlon to avery other remedy glven
<br /> ,��L`� hctreurtdor,in the Loan InsVuments or now or tiereaiter exlating at Iaw or in equiry or by stetute,and may be exe►cised concurrenUy.
<br /> . � �xiY ;
<br /> independently or successtvaly.
<br /> � � 13. TruetM.The Truatea may reaign at any time wfthnut ceuso,and Lender may et any dme and wtthout cause appoint a
<br /> �." ,;;� ,�'''`�`{�`' aueceaaor or subatituta Trustee.TrueteQ ahail�ot be 118b1e to anv party,includfna wlthout ItmltaUon Lender,6orrower,Trustororeny
<br /> �.µ,{•:.;nf.,ti:.:��:5�.• .
<br /> „.,:,,,.._,..:,y;^�,;;, , purahaser o}tho Property,tor any Ioss or damage unless due to reckiesa or wHlful misconduat,and ahati not be required to tekeeny
<br /> �'t���� •• • ' actlon in conneoUon with the enforcement ot thia Oeed of Trust unlesa indem�lfled,in wddng,for all costa.compenaatlon or
<br /> �a,�..y�.•.�.+�;:';:;•?_
<br /> ' ,� ,c �'i'-.� expensea which may be assoalated therewith.in addldon,Trustee may becoma a purchaser at any sate of the Property Qudicfal or
<br /> ;}"�`_.'*"'"�'• ' under the pewet,of�sale granted herefn);postpone the saie oi a��or any pordon ot the Property,as provided by law;or sell the
<br /> -•''��.'�������•% Property es a whole,or in separate parcels or lois at T�ustee's dlscretlon. �
<br /> '�' � � � � ` "'° tA. PNS aed Exp�nsa.in the event Truetee selis the Property by exeraise ot power of sale.Trustae shali be entlUed to eppty
<br /> : ' �" � �- � �� any sate proceeda iiret to payment of all eosts snd expenses of exercising power ot eale,inciudine elt Truatee's fees,and Lende►'s
<br /> � .� � end Trustee's attorney's fees,actualfy incurred to extent perm(tted by applioabte law.in the event Bor�ower or Truator axerciaeeany
<br /> � � right provided by taw to cure an Event of Defau�t,Lender ahall be enUUed to recover irom 7rustor all coats and expenses aotuetfy
<br /> °}° �•: � , ` tnaurred as a reaulc of Trustor's defeutt,inatuding without limitation ali Trustee's and attorney's tees,to tho exteM permitted by
<br /> ! ' ' . ' , appticable law.
<br /> �• •� '� 18. Futun Adrartan.Upon request oi Borrower, Lender mey,at its optlon,make addi4ianal end tuture advances artd re-
<br /> �� advancee to Borrower.Suah advances and readvancea,with interest thereon,ahalt be secured by tbis Deed ot 7ruat At eo tinfe ahati
<br /> - the prinatpai amount of the Indebtedness secured by this Deed of Trust�oi ir�cjibdiri�sums advanced to protect the securtry of thia
<br /> �� • Deed of T►ust,exceed the originai principat amou�t atated hereln,or$ 3 ou •Q� ,whlohever is greater.
<br /> ' , 18. MIaNUn�ous Prorkioes.
<br /> � (a)Borrow�r No!RN�sud.Extension ot the Ume tor payment or modiflcation ot amorN=atlon of the sums secured by thi�
<br /> •. Oeed ot Trust granted by Lender to any succeasor in intereat of Borrower shail not operate to►eiease,in any manner,the Oa�iHty
<br /> _ ._. _ .
<br /> ` oithe arigtnat Borro�ver and 8onower's successora tn�nterest tsnder ahaii not be requirea to�ut�ne�:68�rCSCSadinga s8a
<br /> such auccessor or refuse to extend dme!or payment or otherwise modity amorririzadon otthe aums secu�ed by this Deed of Trust
<br /> � by reason of any demanlis made by ihe originai Borrower and Borrower's auccessors in IMerest
<br /> ° (b) L�ndfr's Pow�n.Without af(ecting the Ilabllity at any other peraon Ilable for the payment of any obligadon herein
<br /> mantloned,and without affecdng the iten or charge ot thla Deed ot Truat upon any portion of tho Property not then or theretotore
<br /> �, ' . b �e�eu88d as oecurfty tor the full amount o!a�l unpeld obligationa,Lender may,from Nme to time and without nntice(1)releaseany
<br /> � pereon so Ilabie,(ii)extend the maturity or aiter any ot the terms o}any such obllgaUOns,(iil)grent other indutgences,(iv)release
<br /> � , or reconvey,or cause to be reteased or reconveyed at any time at Lender's opUon any parcel,pordon or all of Me Properly.
<br /> ' ' (v)ffike or release any other or addlGonai security tor any obllgatlon herefn mentloned.or(vf)make composiUona or other
<br /> , arrangementa with debtors in reletlon thereto.
<br /> � (a) Forbeaancs by L�nder Not a Walver.Any torbearance by Lender In exercising any right o�remedy hereunder,or
<br /> ' otherwise aHOrded by appticeble�aw,shall not be a viaiver o}or preclude the exercise of any such tlght or remedy.The
<br /> � . • • proauretrtont of Insurance or the payment of texes or other Ilens or chargea by Lender ehali�ot be e waiver of l.ender's r(ght to
<br /> acceterate the maturity of the indebtedness secured by this Deed oi Trust
<br /> , � (d) 8ueees�oa and Aaipm Boartd;Jolnt and Sw�ra�LJabtilt�;C�pNom.The covenants and agreements hefeln con-
<br /> tained ahait bind,and the rights hereunder shall inure to,the respective successors and assigns of I.ender and Truator.All
<br /> , covenanta and agreements of Truator shell be Joint and several.The captions and headinga of the paragrapha ot this Oeed of
<br /> •;;�;�.ti.� Trust are for convenlence oniy and are�ot to be used to fnterpret or deflne the provisicns hen;of.
<br /> . -�'�'��° (e) R�qu�stfo�Nottce�.The parties hereby requeat thata copy ot any notice of datauit ho►eunder and a copy otany notice
<br /> ' o}aaie hereurtder be mailed to each parry to this Deed of Truat at the address set torth above in the martner prescdbed by
<br /> , �•' �• ' applicabte law.Except for any other nolice requlred under appticable�aw to be given In enother manner,any no8ce provided
<br /> "�''' for in this Deed of Trust aha�t be glven by mailing such notice by certfffed mait addreased to the other pardes,atthe addrebtie eet
<br /> - • torth above.Any notice provided for In thls Oeed of T�ust shatt be eHect(ve upon malling in the manner des(gnat8d hereln.H
<br /> � • 7ruator la more than one person,noHce sent to the addresa set forth above ahail be noUce to alt such pereona
<br /> ,' . (� Inspeedon.Lender may+nake or cause to be made reasonabte entrles upon and inspecUons of Ne Property.provided
<br /> �. , that Lender ahatl glve Trustor nottce prior to any such inspectlon specitying reasonable cause theretor related to Lender's
<br /> ,-�� Interest tn the Properry.
<br /> ' ;c ,,. ' (g) R�aonverance.Upon payment ot a��sums secuted by this Deed of T�uet Lender shail requeat Trustee to reconvay the _
<br /> ` •• ,. Properry and ahall aurrender thla Deed of Trust and aii notea evidencing indebtednesa secured by this 08ed of Trustto Trustee. _
<br /> . Trustee ahall reconvey the Property withaut warranty end without charge to the peraon or peraons legaliy entlUed thereto. _
<br /> • . � Truator ahall pay all costs of recordaUon,tt any. �
<br /> (h) P�nonat Prop�rt�r;8�eudt�r ApntnanL Aa addltionai seauriry tor the payment of the Note,Trustor hereby granta
<br /> t•- � . Lender under the Nebrsske Uniform Commerotel Code a security interest In alt tixtures,equipment and other personat properly !�
<br /> " " uaed in conneotion wich the reai estete or Improvements Ixated thereon,and not otharwise declared or deemed to be a paR ot -
<br /> . ��:?,•'� Me real estate secured hereby.7his Instrument shati be const�ued as a Secudty Agreement under said Code,and the Lender �-
<br /> - eheli have e�t the rights and remedies ot a aecured party under said Code In addltion to the rights and►emedie9 areated under ��
<br /> and accorded the Lender purauant to this Deed of Trusk provided thet lender's righte end remedies under th{s paragraph ahait
<br /> � be cumulaUve with,and In no way a Ilmttatlon on,Lender's rights and remedies under any other security agreement aigned by
<br /> Borrower or T�uetor.
<br /> ' (f) LEent end Eneumbranee�.Truator hereby war�anta and representa that thore is no default under the provislona oi any
<br /> mortgago.deed ot trusR lease or purchase conuact describing all or any part o}the P�operly,o�other contracf.inatrument or
<br /> _��,_ _..�._
<br /> � y : agreement consntunng a uen or encumorance agamst aii or any part oi ine rroper'ry(cviioi;��.o0r,°i.�c„'o�],ow.ou.�y oo......o
<br /> date of this Deed ot Trust,and that any end ati existl�g Liens remain unmodltied except as disctosed to Lender in Trustor's
<br /> � `� „ written disc�osure ot Ilens and encumbrflnces provided for herein.Truator ahall Umo�y peAorm all of Trusto�'s obtigatlons.
<br /> �,� � � covenantc�,representatlons and warrdnties under any and all exlsting and future Liens,shali promptly forward to Lender copies
<br /> � ot ail noticea ot defeuit sent In connection wlth any and a�i existfng or future Uens,and Shell not without Lender's prfor w�ilten
<br /> • � p., • consent!n any manner modNy the provisfons ot or altow any tuture advancos under any exlsUng or future Uens.
<br /> , � Q) Appliwton of Phim�nb.Untess otherwlae requlred by iaw,sums pafd to Lender hereunder,Inctuding without ifmitallon
<br /> „ �� paymenta ot principai and interest,insurance proceeda,condemnat►on proeeeds and rents and prottts,shell be appiled by
<br /> I . Lender to!he amounffi duo end owing trom Trustor and 8orrower m such order as Lertder►n its aole dtscretlon deems desirable. I
<br /> � � (k)8�rerabliity If any provlsion ot this Oeed ot Trust conilicts with appliceble Iew or fa detiared Inva�id or othervrlae
<br /> � " , unentorceebie,such confliCt or fnvaildity ahall not alloct the other provisona ot thle Deed ot Truet or the Note whleh can be �
<br /> gfven eHect without the conflfcting provislon,and to thts end the provfslons ot this Deed of Trust and the Note are dectared to be i
<br /> " severab�e. , , �
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