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<br />--�s:n•'`�;��=ti'�"�-' p, iSsxardau�MIFNr18i�,Yru�tor shal!kasp the Property fn comptlanne wtth all appllaebte lawe,orQ:he.nces end reyutAtisna
<br /> --••�-�p�"""•L:"�:�'.t�' ref[tlnq tu Inc9uatdal hyplesne or environm�er►tal protactlon(callect{vaiy retcr�e�to herein ee"Envlranment�l l.ew�"}.Tnntur ehau ___
<br /> k�EM PropNty trs�Vom�II su�►runcs�dMmec!to he h�x�rdau�ov toxlc und�r�ny Env{ronrmnt�l l.�wr(coltactlwly rfNrnd Lo
<br /> �.T��,�_<<.:;�-_. _,� heraln ae"H�►rArdou�Mstnrisle"►.Y�uetflr hereby warrents�nd rapresente to Lmndor tflet thsze�rs RO NtZR�d01ls Mat+orlal�on or
<br /> -------_� u���:,�t�ye F��c:�y.T�'u�w^�h;,r;,�y c�rccato Indcnnlfy nnd heid hcrmtc��Lertd�t,It�e!lreoY�.r.,nHir.!+s9,emnl�yeag and e�enie,nnd ---
<br /> 4 �ny wacseean 10 I��nd�r's Intarsit,(rom�nd epain�t nny end sll ctalme,dam6�ef,fouer�nd llabllitle�erlun�In cortrwcda�wIM
<br /> ----- the pre�enC�,�te�, dlepoaal or tn��poR of any Hersrd�ue Materlal�on,under,(rom or ebout the Propertyr.THE FOHEt301NQ
<br />-- -_ - - WARRIlNTIES AND R�PRtSENTATIdNS,AND TRUBTQFi'3 08LI(3ATi0NS PUHSUA��T TO THE FOAEdO1Nd INDEMMITY.�HAl.L
<br /> m�� 6URVNE RECONVEYAMCE OF 7HIS DEED OF TRUST. -
<br /> �'_'�"'�'��;,,�.� tp. Awfpn�n►n10l Rona.Truatar hereby esalgna to Lender tha rente,lasuee end protits of the Properry;provl�ed 4hat Trudtar
<br /> ---�=�*�� sh�il,until the xCUrronc�s o1 an Event o}DaTauit hereunder,have tha right to coltect and retaln such ranta,laeuea and protlts a9 ttiey _
<br /> ----__:_-�=�;�� tr�ome due art�psyahle.Upt�n the�r,�urrenr,e ot en Event o1 DOtaul4 Lender may,olther In person or hy eqont,with or without .
<br /> -•-- -�--W��-�- brinping aoy acUon ar proceedln�,or by a recelver eppo�nted by e court and without repard to tAe adequacy of(ts securiry,enter
<br /> —��-'�'""`'�'n'�� u{son and uk�e posaeaalon of the F'roperty,or any part thereof,In Ib own name or tn the name of the Truetee,nnd do eny ncte whlch N
<br /> �'"�"��';� deems ne�cesaary or daelrable to preaerva the vatue,marketebtiiry or rsntabllity o1 tha Property,or any paR thereof ar int�est there(n,
<br />�_::a.:��:_,�.± _�
<br /> ---- Y,,: �;(,,�� increaa&the Incorne tha�elrom or protect the securiry hereo4 and,with or witho�t taking paaaeaslon nf the Proper4y,eue(or or
<br /> � �_r.._.
<br /> -=���+v�, otherwise collect the rents,Isaues and proflts thereot,including those psnt due end unpald,end apply the same,lesa costs end __
<br />� ��_����� oxpenaes of qperation and collecUon Including ettomeys'tees,upon any Indebtednoss secured hereby,all in such order as Lender
<br /> -- m-�.;,�._�;:.,,:= mey determine.Tho entsring upon and taking possesston of the Property,Yhe collection of such rente,Issue�and profite anc7 the _
<br /> �`°"�' '�y " eppAcntlQn t�herenf aa eferesaid,Rhell n�t cure or watvo anp detault or notice of defauit hereunder or invalldate any sct dono In
<br /> _ - =.W�?�ti�.� ==
<br /> --r_�,:�°.--°, response to suah de}auit orpu�suantto such notice of detauit and,notwfthstanding the contlrtuance I�possesslon o1 the f'roperty or
<br /> -=-�;�'�{' tt�e Co1lecUon,reCeipt and epplication o1 rente,ls$uas or protits,and Truatee and Lender shafl be entitled to exercise every dght �`""`-
<br /> -•= � ?_ -
<br /> ---��- providedtori�anyaftheLoanOocumenisorbylawuponoccurrenceofanyEventoldetauit,includingwithoutlimitntlonthe�g o �:,;;,.
<br /> �h'•�''. J ��. .. '
<br /> ,�,_;.t�,�,;.,,: exen;ise the power of eale.Funher,Lender's rights and remedles under this paragraph shall be cumulative with,end In no way e ':� .
<br /> -K--"°-'��e Hmitation on.Lenders rightsand remedfes underany assignment of leases and rents reco�ded agalnstthe ProFerty.Lender,Tn,istee '�'='-
<br /> .���rv.�,'n' ... ... • �..'T..�.-:.
<br /> - 7�L� nnd the rece�verehall be 19ebte to account only those ronts a�tu.alty received. _
<br /> _-;�.;��;.e•�'.;''•'^ti.Jy,, 11. Ew�b d D�hWZ.The following ehal!consUtute en Event of Oefault under this Deed of Trus� •11.c:;T�
<br /> �vW;lJ `. ,�, (a) Failure to pay any Installm�nt of pd�icipal or latere:.4 of any other sum secured hereby when due; •,",<
<br /> . (b) Abraachofordefauitunderanyprovi�ioncontainedintheNote,thtsDaedofTrust,anyottheLoanDocuments,orany � °
<br /> =-"°�;:�� ;.-. ,,;.;;�'° other Iten or encumbrence upon the Property; _�„..�
<br /> y':_`:1, :. (c)A wdt of execution or atta�hment or any sienilar procesa ahall bo enterc3d agalnst Trustor whfch shall become a tlen on , . .
<br /> �;,•: the Properry or any partion thereof or Interest therein;
<br /> y_ ° � . � ��• (d) There shell be filed by or ageinst Trustor or Borrower en actfon under eny present or tuture federal,atate or other .,:-
<br /> �.�ii•`, '+' ':'{I`f"r 6SatUt@,law or�egulatlon�elating to banKruptcy,msoivency or ociier reiiei ior deoioro;or in�ra a��eii�ro sN�,.-,tst-.:sss';irso.::. _
<br /> '�• �'' recefver or Ilquldator of T�ustor or Borrower or o1 all or any part of the Property,or the r�nta,Issues or profits thereol,or Trustor
<br /> ;;s",�,: � � . or Borrowor ahall make any general assignment for the benefit of creditors; ��_���`
<br /> �"-o�•.,if�
<br /> �;; � � , (e) The,sale,transler,lease,assignment,conveyance or further encumbrance of all or any part of or any Intarest In the
<br /> .:��Y;. ��•. =� . �. Property,either voluntarlly or invotuntarlly, witnout tho express written consent ot Londer, provided thcsi Trustor shall be ••
<br />_: :;,a: � . � •,
<br /> _,j._ , :` permitted to execule a lease Af the Property that does not contain en option to purchase and the tarm of whicT�does not exceed
<br /> --�ar":.<,-• . • one year,'
<br /> f.o,r�.; . (q Abandonment of the Properiy;or
<br /> • � � (g) NTNStor is not an lndividual,the issuance,eale,transfer,assignment,conveyance or encumbrance o}more lhan a toffiI •- „
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<br /> ,�.;,�,., .- . ._ ot�--P��cent ot(H a corporatlon�Ita Issued and outstanding stock or pf e partnership)a totel ot percer.t o! z:� • -
<br /> }• pArtnershtp Interests dJ�ing the peried thls Deed of Trust remains a Ilen on the Property. ' -
<br /> E`•.°�:``"�.= ' - "�'" " 12, p�m�dys;AccN�r�tlon Upon G�t�uH.In the event of any Event ot Oetault Lender may,wlthout notice except as requlred by
<br /> ��'"°`�"�""""" law,declare all Indebtednea�secured hereby to be due and payable and the same shall thereupon become due end payable � �
<br /> �,_my. s.. .
<br /> `"'"�''•""'���"�"' without any presentmen�demand,protest ar rtotice of ony kind.Thereafter Lender mey:
<br /> `""�"-"�°`�� ���• (aJ Demand lh3t Trustee exercise the POWER OF SALE grentod herein, nnd Trustee ahall thereatter cause Trostora •
<br /> '"'S-�?;"x?"-ib" '� � intereat In the Property to be aotd and the proceeds to be distributed,all in the manner provlded In the Nebraske Trust Deeds
<br /> +;,
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<br /> �,�r�::;;_� -:��;a, (b) Exerciseenyand ell rlghts provided tor in any of the Loan Documents or by law upon occurrar+ce of any Event of Default;
<br /> ,'�';:7,`.,• �" and
<br /> �°r���'� (c) Commence an actlon ta foreclose thts Deed oi Trust as p mo�tgage,appolnt a recoivar,ar speciflcaliy enforce any o3 QP�e
<br /> '^��:�` covenants hereol.
<br /> ��c-.: No remedy hereln contorred upon or reserved to Trustee or Lender is Intended to bo exclusfve of any other remedy herein,fn the �i: „
<br /> '_-- Loan Documents or by��v�provided or permitted,but each shall Nie cumulative,ehall be in additfon to eve�r ather remedy given ��.;
<br /> -- --' hareunder,f n the Loan @�cuments or now or horeafter existlng at law or In equfty or by statute,and may be exerclsed concurrentty,
<br /> ;�;:..... indepondently or succflss va(y.
<br /> i:��.;i. 13. 7Yt�stN.The Trastee may resfgn nt any dme wlthout cause,and Londer may at eny time and without cause appofnt a �
<br /> ��:•-'� auccessor or subsUtute Trustee.Trusteo shall not be Iiable to any party,Including without Ilmitatfon LondQr,Borrower,Trustor or eny
<br /> - • purchaser oi ttte Property,for any loss or damage unless dua to reakless or wfllful misconduc�and shall not bo requf�ed to take any �;, .,
<br /> - � � -• actlon In connection w54h tho enforcement of thfs Deed ot Trust unless Indemniifed. in wrlting,for all costs,componsatlon or ��:;
<br /> �Yw� � expenses whiCh may be assocfated therawith.In eddlUon,Trustea may become a purchaser at any sale of the Properry Qudicial or
<br /> undar the power o}sale granted herefn);postponv the sAle of all or any portion ot the Property,as provided by law;or sell the
<br /> �, Properly a�a whole,or in seQarate parcels or lots at Trustee'�discretion.
<br /> ,v, ' 14. FN�and Exp�n�os.In the ev�,nt Trustee selis the Property by exercise ot power of�le,Trustea shall be entiUed to apply
<br /> �,: �. any sale procaed�tirst to paymdnt ot Qti eosts and exQense9 ot exercising power ot sale,Including nll Trusteo's foas,and Lender's
<br /> .:•,-:� ', � and Truste�'e attorney's tee3,ectually fncurred to extent permitted by applicable law.In the evant Borrower or 7rustor exercises any �
<br /> ��=.�..�• dQht provided by law to cure an Event ol0otauit,Lender shell be entitied to recover 6•om Trusror ell costs and expenses actualiy „
<br /> ;� .';� . Incurred as a result of Trustor's detault,including witl�out ilmiffition ali Trustes'c and attomoy s}ees,to the extont permfried by I
<br /> �„--.. aAPllcable tew. .
<br /> �=:�-•'- • 15. Futur�AdwncN.Upon requost of Borrower,Lender may,at fts op8o�, mako additional end future advancea and re- ;
<br /> �+� � advancee to Borrower.St�ch advances and readvances,wfth Intarest thereon,shall be securad by this Desd of Trust At no time shall �
<br /> E'�� - �` . - the princlpal amount ot 4P�e fndebtedness secured by this Dsotl ot 7rust,not mc�uamg sums advanced io proieci me sseouriiy v9«��� ,
<br /> ' Deed o!Trus�exceed ttio original princlpai emount stated horein,or S 150.000.00 whichevor Is greater. �
<br /> � ` 1@. MbcMl�n�ou�Prov�rions. '
<br /> - , (a) Bort�we t�lot Rol�as�d.Extonslon of tho Ume for payment or moditicatfon ot emortization of tho sums socured by tt�ls �
<br /> �"- Deed of Trust grented by Londar to any successor In interest of Borrowar shell not opermte to rolease,in eny manner,the Ifabiliry
<br /> . � oi the orlginal8orrowar and Borrowera successors in intorost.Lender shalt not he requfred to commsnce proceedfngs ngafnst �
<br /> -' such suCCessor or retuse to extend tlme for payment or otharwise modity amoRization ot thu euma secured by this Ooed of Trust •
<br /> = by reason ot any domands mude by tne oripinal Borrower and F3orrowor s successors In fnterost
<br /> - " � (b) L�ndN'�F'ow�n.Without aHecUng the Ifubflity ot any other person Ilable for the paymont of any obtig8t[on herein
<br /> � ' mendnned,and without aBecting the lien or charge ot this Deed oi Trust upon any portion o}the Properry not then or therotefore �
<br /> - released as SBCUrity lor fJ�e tull amouM of all unpald abligatlons,Lend�r may,lrom Hme to tfmo und without notice(f)release nny
<br /> �: � pESrson so IlaEle,(il)extond U►e maturiry or eltctr nny of the terms of any such obligaUons,(iii)grant other Indulgences,(iv)release
<br /> -•- , � or reconvey, or cause to bs reloased or raconvoyed at any time et Lender's option any parcel,portlon or r�N o!the Property,
<br /> __. , ,�. (v)take or retegse any other or additional security tor any oblfgntion haroin montioned,or�vi)make compositions or other
<br /> � � arrangorRents with debtore In relaUon thereto. •
<br /> �
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