|
,� ,� _., , �. : ,
<br /> . . .. . �,��:.
<br /> .�� , ,:p,r � ��``�t't=� ,° _' .-,�
<br /> .� .
<br /> t
<br /> ��94�.�t�?+�.7
<br /> .��r.er'�:.::_. �
<br /> � •� :• �,Hazardor�MpM�iat�.Trut4or th�it keAp th�PraporK+In campNa�nce wlth ell Applloabis is�ne, ar4lnanc��and rpulaHon�
<br /> r�ktinp to lndu�hlal hy�pt�n�or�nvironm�nt�l prolsation(aoll�otiv�iy rNrrr�d to h�rNn af"Envlronmmtal Law�'�.Trustor�hstl
<br /> kMp t�s Prop�rtyfns trom att�ubatsrtcsrd�am�d to b�h�urdous artax�o undier my Hn�ronm�+�t�l I.iw�(cott�ctirsly rN�rr�dlo
<br /> h�reln as"Mua�dou�MaUrlals'�.T�udtor h�rsby warantt r,nd reprasnU to Ltndv Mat thtte�ra no Hwrdou�Metrrlalt on or
<br /> und�r ths P�opshy.7rustor h�roby apne�to InNmnity tnd hold htrmHs�I.�nd�r.tb dinaton,ofNcKp.�mptoy�a and�p�►d.aed
<br /> any suaeessors to Lendsra fntereat trom en�agsinst any and all olalms,darn�pes,loae�s ind Il�btlitles�rlslnp in conn�ctlon wNA
<br /> the Qrestnet,u�,dbpostl or Usnsport ot anp M�urdous Materhte on,und�r.from or a�oul�iiw Property.Tk1E FORGt3Clti0
<br /> WARRAPlTIESANO REPRE8ENTATION9,ANDTRU8TOR'808UtiATI0N8 PUR9UAf�OT TO THH FOREQOIN�INDEMNITY,$FIqLL
<br /> � 8URVfY�RECONVEYANCE OF THt8 DEED OF TfiUBT.
<br /> ' �� 10. AtNpnnNnt d R�nb.Trusior hereby asslpns to Lender the ronb,fswes and proflte of the Property�,provid�d lhat Trunor
<br /> ,��..,��,.y'� sheit,unUi Meoccurrence of an Event of Qehult hereunder,have the�IphR to collect and�ataln wah renb,issues and proRb a��t
<br /> '^ ,� ��� � becoms dueand payab�e.Upon the occurrence of an Event ot Oetaui�Lender may.elther in peroon ov�y epent,with or without
<br /> ,�. .*"'`'k,��" bringinp any eation or proceedin�,or by a receiver appointed by a oou�t and without roaerd to the adequacy ot tU Mcu�ity,�
<br /> in:�....�:'.i".
<br /> •�.�k�•:;�;;A�° upon and take paaaeasion of the Properiy,or eny pert thereof,in ita own name or in the narna of t�e Tiustoa mnd da eny ects whloh it
<br /> ;;;,Y4�+4��vk: dsemsnecesesryordesirabletopreservethavelue,ma►ketabilityorreMabilityoitheProperry.oranyparttltereoforinbnsttl�erNn,
<br /> .,.:'��'•:��F�^��;f;t'• inoresae the Incame theretrom or protect the eeaurity hereof and.with or wlthout t�kinp poaseallon ot the PropsKy,�w for ot
<br /> r:.�. ,�. . �.�.
<br /> :.,.,.:;.•:. ;�. �.-.;r;, otherwiae callect the renta,lasues and protits thareof,inctudi�p those past due and unpaid.and appry ths eame,tes�costa a
<br /> �"�='���^° '=��«�,°• expenaea of aperetton and coltectlon including atcomeys'feea,upon any Indebtedness aeaured hereby,all in euch orde�as Lendsr
<br /> ;;-;�,,�.��-,,�;��j� may determine.The enteriag upoi�and taking posaesslon of the P�epeety,t7�e colloctton of auch rorna�esues end proflts and ths
<br /> ��.,�,,::r;;�,,.„ eppQcatlon thereot aa aforesaid,8hali not cure or waive any dafault or noJce of defauit hereunder or Invaildate any aat dons in
<br /> •ti•� •���=',�-�`•"y responsetoeuchdetauttorpurauanttosuchnoticeofdefaultand,notwithetandinptheconUnuanceinpassesWonotthePropsrtyor
<br /> `��`^' '' the eolleaUon,�eceipt and applicaUon ut ronis,Iasuea or Qrafite,and Truetee and Lsndar ahali!�ernided to e�exc3ee e+rery�iQht
<br /> �'.�.,�, . . providedforinanyofthel.oanDxumenlsorbylswuponoccurrenceofanyEventofDafau�,IncludtnowUhoutlimit�tlonthed�Mto
<br /> . � '�•i''.� enerciae the power oi eale.Furthe�,Lender's Nghts end remedies under thfs paragraph sha�l be cumuttUve with.end in no way�
<br /> � limitador►an,LendersAghtsandremediesunderanyeasignmentot teasesandrentarecordedagai�atttieP�operly.Lender.Truatee
<br /> ,.{.:;. ;i;�;, .� .�. � arid the recelver ehelt be liabte to account only.those renta eatuaiy received.
<br /> •::)��;:� � tt. Ewr�ls �!ONauR The foltowing shatl constitute an Event of Oeiautt under tt�is Oeed of Tivat
<br /> '�?�: " (a) Faiiure to pay any Instaitment oi principal or interest of any other sum secu►ed hereby when due;
<br /> ,.. ,��;� . .
<br /> (b) Ab�eachofordetaultunderanyprovistoncontainedintheNote.thia0eedotTruat,anyottheLoenDocumenb,orany
<br /> ' othes Iien o�ertcumbrance upon the ProperN;
<br /> ,.�� (o)A w�t of exeouUon or attaahment or any simfler process shall be entered againat TNStor wNch ehall become e Ilen on
<br /> �• � Ne Properly or any pordon thereof or interest thereln;
<br /> ;..:.'.• " � � �� (d)fiere ahall be filed by or ageinst Trustor or 8orrower en aCNon under eny present or tufure toderai,sfate or other
<br /> ,�:�;'�,;: � statutQ,law or regulatlon�elating W bankruptayi,insotvenay or other relletfar debtors;or there ehall be appointed any truetse.
<br /> �-1— rxalverar!lqnldstcs o!Tsvstar Qr�onQ�er�r M eil�►qRy part o1 th�Property,or the�ents.issues a proflts thereoL or Truetar
<br /> ' � , or Borrower ehali make any genetal asalgnment for the benefit ot aredNors:
<br /> (e)The,sale,transter,leaoe,assipnment,conveyance or turther encumbrance of all or any part ot or any intereet In tNe
<br /> � Property,etther votuntari�y or Uvoluntarily. without the express wrltten consent of Lender,provlded that Tiustor ehall be
<br /> , permitted to execute a tease of the Properly that doas not conm�tn an optlon to purchase a�d the term ot whtch doea rtot exGeed
<br /> one year;'
<br /> (n Abandonment oi the Property;or
<br /> � . (g)If TNetor Is�otan Indtvidual,the lesuance,aete,transfer,assignmenL conveyance or eneumbrance of morethan e total
<br /> ° �. � ot�—pereent ot(If a corporaUon)Ite iesued and outstanding stock or(Ii a paMnenhlp)a total of percent o!
<br /> . pertnsrohip interesta d�fring the perlod thla Oeed of Truat remalns a Ilen on the Properry.
<br /> " 12. R�dN�:Aec�Nratlon Upoo ON�uN.�n the event of anq Event ot�etault lender may.without noticeexcept as requlrmd by
<br /> law.deataro all Indebtedneaa eeeured hereby to be due and payabie and the oame shell thereupon become due and psyabte
<br /> witttout nny pre�enbnent,demand,proteat o►rtottce ot eny kfnd.Thereafter Lander may.
<br /> (s)Demend that Truatae exerctse the POWER OF SAI.E prarded hereln, and Truatee ehsll theresTter cause T►ustor's
<br /> Inteteat in the Properiy to be sotd and the praceeds to be diahibuted,ail in the manner provided�n the Nebraeka Truat Deeds
<br /> •, . A�
<br /> , � „ (b)Exerciseanyandal�nghtsprovidedtorinanyoftheLoanDocumeMsorbylawuponoccu�renceofanyEventofQefaut�
<br /> �
<br /> .. � tDd � a
<br /> (e)Commenee an actlon to torec�ose this Deed of Trust as a mortgage,appoint a receiver,or speciflcatly eMorce any of the
<br /> covenantS hereot ��;
<br /> No remedy hereln conterred upon or reserved to Trustee or Lender Is intended to be exciustve ot any other remedy harein,in the
<br /> �. ^ Loan Oocumente or by!aw provided or permitted,but each ahati becumulaUve,shatt ba in addiGon toevery other remedy given �
<br /> - hereurtder,in tR�e Loan Oacument8 or�ow or hereatter exlsting at law or in equity or by atatute.and may be exercised Cortcunently.
<br /> � fnd�saendently orsuc�ssive�y.
<br /> • 13.Tnut�.The Trustee mar resign at any time wlthout cause,and lsnder may et any rime and wfthout cause appoint a
<br /> �_ successor wsubstitute Truatee.Trustee ahall not be Iiable to eny party,inciuding without IlmiteUon Lender.Borrower.Trustoror any ,
<br /> . . purchaser of tlte Properiy,for any loss or damage uMess due to reckleas or wllliui miscortduct,and ehall not be requireQ to take any
<br /> '" actlon in connection wiM Me entorcement ot thls Oeed of Trust untesa indemnitied, in wriUng,for ali cosYS.compeneaUon or
<br /> exponses which may be assocleted thorewith.In additfon,Trustee may become e purchaser at any eale of the Properiy(Jadictal or
<br /> � . under the power of saie granted nerefn);postpone the sate o!all or any pordon o!the Property,as provlded by taw;or seti the
<br /> Property as a whole,or in separete parcets or tots at Trustee's discretion.
<br /> 14, F�q�nd�xpinsq.In the eventTru9tee selie the Property by exe►cise ot power of eale.Tnsstee shall be enUtled t0 epply
<br /> n
<br /> '" any sale proceeda 8rst to payment ot ail costs and expenses ot exereising power of sele,inctudfng alt Trustee's tees.and Lertdes's
<br /> and Trustee's attomey's tees.actualty incurced to extent permitted by eppllcaWe taw.in the event E9rrower or T►uetor oxerciaes any
<br /> ; �Ight provided by taw to cure an Event of Defauit,Lender shali be enritied to recover trom Truator alI wats and expenses acwaity .
<br /> fncurted as a resuft ot Trustor's deteulf,lncluding wlthout timitation a{{Truatae's and attomey's tees,to the extent permitted by
<br /> ..� epp�tcabla law. �.
<br /> • ib. Rutur�AA�r�ncn.Upon request of Borrower, Lender may,at Its opdon,make addltlonai end iuture edvances and re-
<br /> � • advancea to Barrower.Such advancea and�esdvances,with intsrestthRreon,shall be secured by thie Deed ot T�uat At no time shall
<br /> .. � the princlpal amount of the frtdebtedness secured by this Oeed of Trus�na��qlj�(�n�ma edvanced ro protect the security of this
<br /> n��v'r� e.wmA H�n ndninot nrinnimi mm�unt dataef horaln.er S --- whIChBVe�18 CtBSt9�.
<br /> rwu r. .•wti �'��..o...��....�.r.._ �..�_"'"—"_ ' ' • . ' _
<br /> 16.Mbeellmsous Provl�lons.
<br /> ? . � (a)Ba�rowet Not ReNts�d.Extension ot the tlme for payment or modiflcatlon ot amortizaUon ot Me suma secured by thla
<br /> } ;I; � Oeed otT�uat graMed by Lender to any successor in interestof Borrowerahaii not operate to release,i�any manner,the Ilabiitry
<br /> fi,. • oT me originai 8orrower and 8orrdw�i�auccessors tn intereaL Lender shaQ�ot be required to commence proceedings agefnst
<br /> �s such successot or refuse to extend tlme tor payment or otherwise modilyamortlzatlon of the sums secured by thia Deed ot Truat
<br /> by reason ot any demands made by the ofl�tnai Borcowsr and Borrower's successore in interest �
<br /> (b)L�d�r's Pow�ts.WiMout eHectlng tho Ilabllity ot any other person Ilable tor the paynnent ot any obligadon herein
<br /> mendo�d,and wfthout attectfng Me Ile�or charge ot this Deed ot T�uat upon any portlon of the Properiy not then or theretotore !
<br /> released as security for thefuit amouM ot all unpald obllgatlona,Lende�may,from Nme to tlme and without�oUce(t)reiesee any i
<br /> - - - � psrson so Ilablo.pi)oztcnd tho mstunty or alter any of the terms ot t�ny such obligatlone,pH19�nt other indulgences.(iv�release �
<br /> � •� or reconvey,or cause to be released or reconveyed at any tlme at Lender's optlon any parcei. portion or all of the Property, `
<br /> jv)take or retease any other or addltlonal secudty for any obligatlon heretn menrioned.or(vi)make composlUons or other � :
<br /> • arran98ntenta with debtors t�relaUon theroto. •
<br /> � . . , I
<br /> �
<br /> . , �.
<br /> ;
<br />
|