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<br /> (f, P,�e^�.a�����f.^;'.�:;t�'�.'Yru:,4or ehnll t<c��i7o Propeny In r,njnpilo��co es(tii nll npplle�blo Ine�o,�rcllnancca ent!rcr+�!I�C:ort� �
<br /> ' ecicRinp to I�t�uatrlC�1 hy�lcno or cnvirom�icsit�l E�rot�ctlon(collcntivcly rcfcrres�fo iicrcin en"t:nvironrn�nt�l Lra��+a"►.Yrua^.�r ch.^.0 " ". �
<br /> :-�r 't^�fr;�°�^q kaep the Praparty iree tram etl eubstances deem�d to ba hozartlous o:roxla under�ny Cnv�ronmantal l.av�s tcoile�ctivaty�ete�rred to � �.,�.,S�w�. , �--
<br /> heraln a�"tlazerdoue tilatorlals").Truetor hereby warranta end represents to Lender thet there are no Hazsrdoud Materlaln on o► �,�
<br /> �����— under th�Property.7tu�tor hHreby apreeato Indemnity RRd hotd harmleos Lendor,ft8 dlfpCtprO,Ofl1C0�8,amployoes ond sflente.t�nd ��.�;.���-��s�_�
<br /> -_-�..�w���� er+y Auncessor�tq LRnd�r'a Intareaf,irom snd e�aln�t eny and ell cleima,damafleA,loaaea end Ilehflities arielnp In connectlon wlth ---
<br /> - L the�reasnce,une,efiepoaat or trannport n!eny Hnzardoua Ma4erlale on,under,irom or nbout the Property.TH�E FAREQOINO �`-�'?"�.,:s..-
<br /> "` -4`��� WARRANTIESANDREFAGSENTATIONS,AN�TRUSTOR'SOC3LtQAYI0N8PUi�SUAiVYYQ7HEFOfiEd01P1QtNft�EAAc�1'iY,S`hiAll ��•_�`���� ' _
<br /> .� � SURVIVE HECONVEYANCH OF THIS DEEO OF�RU8L �-,,,�„�_,�_ _.
<br /> - �`'��"'�'�'``:%�';' 1p. Anfgnm�nt ol R�nM.Truator hereby essipns ta Londar the rents,lasuea 8nd{�rotits oltho Property;provlded that Truator =-
<br /> ,:u;, :
<br /> � '="'�4�'��•�` � ehall,untll the occu►rsnce oi en Even4 p90etault hereunder,hevo the rlphtto coliect end retaln s�ch rente,issues and protits as they r`����-='��
<br /> _;:-�:�.;►.a�*z•., • �,��._...�
<br />_:..;�;,::__�.. ;.-;��:.- become due and payahle.Upon the ocaurrence o1 an Event of Oetault,Londer may,either In pereon or by agent,wifh or wlthout ,,..,-�.�--,-.--�-��-�_
<br /> ti brinyfnp any actlon ar procoedinq,or by a recalver appqlnted by a couR and wlthout repard to the adequacy of Ite eecurtty,enter s M ° , y
<br />__.':S-�'�'i,j..��F. � .;,, t• � :_1i'a'_
<br />- •-;•�•, ^,,.•. ;�, upon and take poasesaton of the f'roperiy,or eny part thereot In fte own name or In the neme o!Uie Trustee,end do eny acts which I! ��_'�`' � * ,;
<br /> -'""' �-;r.'f°:.�- deams�eceaearyordealreblotopreservethevaiuo,market�bili orranteblli ottheProo yp t"`''��`'� `°'$' ��
<br /> .'"-;,`,':.i.'Y:.y �y ry P rty,oran arttt►crcoforintoroattharcln, ��.a,,,,�t? .�. ���,
<br /> ,.�;:i�.r-Y• -•-••,•:�•=� Increaae Fhe Income thereirom or protoct tho a�cu�iry hereof and, with or wlthout taking posaesslon of the Properry,sue ior or � �,��
<br /> _,.,,�,,y.,y. .:
<br />_;i����� �•„ , othe►wiae collect the rente,Issuea and protitb thereol,Inctudirtg those past due snd unpald.and epply the same,losa coats and �����+�, "��.
<br />_ =� �•;�-� �'��•� expenaee of operetlon and collecUon includlnp ettorneys'tees,upon any Indobtedness secured hereby,all in such order es Lendet �t'�''i�'�':��'`�.�`'l.
<br /> -- may determine.The enterinp upon and takinp possesolnn of the Praperty,tho colloction o1 such renta,iasues end proflts end iho �".;��s�:�drr%
<br /> `.,�'� �: • appltcatlon thereot ae atoresaid,ehall not curo or welve any de(auit or noUce of detault hereunder or Invelidate eny act done in � ' Y.�;'`�.�
<br /> ' `` � ~ ' response to such deic�uit or pursuent to such nottce oi dotault and,notwithatanding th�continu�nce in possesaion o}the Property or •
<br /> ��:h'."�...� -:�:Y•/,. � .
<br /> � - the coltectlon,recelpi and aaplication of rents,issues or profits,and Truatee and Lender shell be entltled to exerclse every�lght �.. ','"'"��,,"'�`��_-
<br /> �� : pravldadtorinanyotthatosnQocumentsorbylawuponoccuPianceo4anyGventotQ�fauit,I�scludingc,rithautllmitatEa�tharightto � ���-''"�
<br /> ���;., - exerCl=e Ihe power ot sele. Further,Lender's rlghts and remedios under this paragraph aheli be cumulatiWe with,and in no way a ".`�� �`
<br /> �y.�,�.�. -..
<br /> • Itmltetion on,Londera riehts and remedies under any asstgnment of lencosand►en4s recorded apefnst the Property.Lender.TrlJ51B9 •Y'�ra:y•���'�`�
<br /> � and the receiver ehetl be Ilable to ar,count onty thoso ron4a actuelly receivad. ' ' `" •
<br />�;;i•,�'� . , a 11. Er�nb o!QNauH.The fallowinp ef�all constitute an Event of Default undor this Deed of Trust �„ �.,";�, ?'
<br /> � (a) Fal�ure to pay any Installment o}principnl o�inter.:st of any other sum secured hereby when due; • ��
<br /> , . 4 " . �� (b) A braach of or detauit under any provislon contalned in the Note,this aeed of Trust,any of the Loan Documents,or any � �
<br /> other Iidn or encumbra�ce upon the Pmpertv; .� �
<br /> ,- ' ., (o) A writ oi oxeCUtlon ar ettachment or any elmllar process shall be e�tered ag�inat Trustor which shall become a Ilan on • ,c• � 9
<br /> tha Property or eny portian thereof or Interest thereln; �*
<br /> � ,. (d) There shell bo flied by or againat Truator or Borrower an action under any present or future fedarai,state or other ���" d�,,: ��
<br /> � �� '� statute,luw or ragutatlon relating to bankruptcyi,Insolvancy or othor relief ior debtors;or there ahall be appotntod any trustee, ,
<br /> recelver or Ifquldator of Trustor or f3orrower or of all cr any part of the Property,or the rents,issues or orofits thereai,or Trustor ,��''�;
<br /> ui wiPviivi'o,ial{iTi8no aiijf�Ci:�.�!:r.°.:an=•^•Q•^•2!Of!t'•a►wnaflf nf r_.rarlknrn; .
<br /> (e) The,sale,transter,leaso,asslgnment,conveyance or luRher encumbrance of all or any part of or any interest In the •' • j
<br /> Pro(�arty,eithor votuntarlly or involun4arlly, wlthout the expresa wrltten consent of Lender; provided that Trustor ahall bo � '�;°. �
<br /> , parmit4ed to execute a lease Af the Property that does not contain an option to purohase and the term of whlch does no!oxceed ;: �
<br /> . one year, ` .
<br /> (� Abandonment of the Property: or , � *- 1�
<br /> , (g) f1 Trustor Is not an Individuel,the lasuence,ealo,trenafer,assignment,conveyance or encumbrance of more then a totel ; :;.,d��
<br /> i
<br /> � - . of,f..--percent of(ii e corporetion)Its issued and outatanding stock or pf a partnerehip)e total of peecent ef � ;f
<br /> •„ pArtnership interests d�iring the nertod thls Deed of Yrust remalns a Ilen on the Proparty. +;.�
<br /> � � 12. RsmsdiM;Acc�l�ratlot9 Upon Dttauit.In the event of any Event oi Detault Lendar may,wlthout noUce except as requlred by .,;,
<br /> �• ' lew,declare ali indebtedness secured hereby to be due end payable and the same shall thereupon become due and payable , ,
<br />: „ w{thout any presentment,damand,protest or notice of any kind.Thereafter Lender may: • ,,;;;
<br /> . ,. • (n) Demand that Trustee oxerclso the POWER OF SALE granted herein, and Trustee shalt thereafter cause Trustor's
<br /> , , Interest in the Property to be soid and the proceeds to be dletr(buted,all f n tho manner provided In the Nebraska Trust Deeds 'y .l�`��
<br /> � a�x . ..
<br /> • • ��• (b) Exercise eny end all rights provided for in any ot the Loan Documenta or by law upon occurrence of any Event of Default;
<br /> end � '
<br /> . (c) Commence an sctfon to foroclose thls Deed of Truat es a mortgage,appolnt a receiver,or spaclfically enforce any uf the
<br /> covenants hereof. � •
<br /> . : No remedy herein conferred upon or reserved to Trustae or Lender le Intended to be exclusivo of any other remody herain,In the �
<br /> ,;.�_�,��_ Loan DoCUmente or by iAw provlded or permitted,but each shall be r,umulntive,shait bo in addition to every other remady given ��
<br /> :.r� hereunder,fn the Loan Documents or now or hereaRer exfstin�et law or in equiry or by statute,end may be exercised concurrontly, ,
<br /> ., � Indopendently or successlvely.
<br /> _ ' 13.T►�stts.Tho Trustee mey resi5n at any time wfthoUt ceuso, and Lender may at any time and without cause appntnt a •
<br /> ";�fi . successor or substitute Trustee.Trustee shali not be Uable to eny party,Including without Ilmltatlon Lender,@arrower,Truatoror any
<br /> �r'•'., ..
<br /> purchasar of tNe Properiy,tor eny loss or damage unlesa due to rockless or wll liul mieconduct,and shall not be roqulred to teke any
<br /> actlon In conneCtlon wlth the enforcement o} this Deed ot Trust unlo�a indemnitled,fn writing,for ali costs, compensaUon or
<br /> expensea which may be assoclated Sherewith.In addltion,Trustae may become a purchaser at eny�ale ot the Property Qudlcial or
<br /> ' �� under the powor ot sale pranted heroln); postpone tha sele of all or any ponlon of the Property,es provided loy law;or sell the
<br /> « Property es a whole,or In aeparato parcels ar Iote at Trustoe's dlacretion.
<br /> � � � 14.Fas�and Expenset.In the event Truatee selis the Proporty by exerclse of power of snle,Trustee ahail be ontltled to apply _
<br /> ' any sale proceeds first to paymont of all costa and exponses of exerclsing power o1 saie,Including all Trustee's fees,end Lender's
<br /> � end 7rusteo's attorney'a fees,actually Incurred to oxtent permitted by eppllcable law.In tho avent Borrower or Trustor exercises eny
<br /> ' ;, rtght provided by law to curo an Event ot Oefault,Londer ehall be entitled to recover from Trustor ali costs and expenses ectunlly
<br /> ;•, Incurred as e result of Trustor's detault, Including without Ifmitetion ail Trustee's and attorney's teos,to 4he extent permltled by �
<br /> ePPlicable law. I
<br /> � 1b.Futun Advanc��. Upon request of Borrower, Lender may,at fta option,make additlonal and tuture advances and re-
<br /> �, advances to Borrower.Such udvances and resdvances,with Interest tt�ereon,shall be secured by thia Deed of Trust At no time shall I
<br /> thA prinClpal flmount of the indebtedneso secured by this Doed of Trus�r��ln���ln8o ume advpnced to p 9 toCt the security of this
<br /> ' Deed ot Trus�exceod the origlnal princlpal ernoun4 etated horeln, or$ � �xhichovor Is reater.
<br /> ,
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<br /> , „ (A) Bortower No!Rel�asad.Extonalon o(the timQ fur payment or modl(icatlan of amortisatlon of tho auma secured by thls ( ^
<br /> � Dood qt Trust grontod by Lender to eny euccessor In Interest of 8orrowershell not operate to release,In any menner,the Ilablilty I
<br /> of the origfnel Borrower and Borrower's succossors fn Interest.Lender sh�ll not bo requfred to commence qroceedings agalnst
<br /> • � • auch succossor or ratuae to extend time(ur payment or otherwfse modlfy amortizetlon of tho sums secure�by this Deed ot Trust I
<br /> � by rctason ot eny demands mudo by the oriflinal Borrower pnd�orrower's euccessors in intarest.
<br /> � (b) L�nd�r'�Powen.Wlthout affoctinfl the Ilebflity of any othor po�son IlAble for the payment of any obligatlon herefn �
<br /> montlaned,end without attncting the Ifen or charge ot thls Deed ot Trust upon any portlon of tho Property not thon or therotofore �
<br /> released as eacurity tor the Qdl amount otatl unpald obllgatlons,Lendor may,irom tima to time and wlthout notico(I)roiease any i
<br /> „_ � porsnn oo Ilablo,(tq extend tho mnturity or alter ony of the terms ot nny suah obllgatlons,(ill)grant other indulgences,(Iv)refaase i
<br /> �� � or reconvoy,or Causo to be released or reconveyed at any timo at Lender's optton any parcel,portion or ail of tna Properiy, `
<br /> ' , (v)take or releaso any othor or addltfonel socurlry tor eny obligetlon horefn mentlonod,or(vl) mako compnsitfons or othor �
<br /> � • nrrangemonte with dobtore In ralatlon thereto.
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