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<br /> ''=Ji���,,';i,,,,r:n'+�.;� rela�itip to Ind�strla!hY8lana or cnvlronr��or�4al pPOta�t!on(cafloctively��cwfYC(1 t0�ICYG1i1£t;i°L:t1VIYUilfii�ilti°I I-t7'v;3").��Fit�`t7 C:S�:'.1 i ,.--
<br /> �°°--•�'�='�•b=-�=`�� koeptt�ePrapertyfras(romeileub$tanceadeemedtr�behazardouaortoxlcursderenyEnvironmentall.nw�(coliecttvolyretrr�ez)ta
<br /> --�'.�r.��'!!':���;,,;� hdreln ea"Wezerdous Materiats"►.tru�tor heroby warrente and repreaente to I.ender that there ere no M�zerdou�Mata�rlafa on vr
<br /> -- unde►rthe Properry.Tru�tor hereby apreea to Indmm�ify end hotd hermles�Lender,Ite directon,oHicoro,en�ptoyeef end wp�n4s,and
<br />--_�;n�.,.=.-�„��-.:::�� any euccoss�re to Lender's Inferest,f�om and agaln�t any�n8 afl c;islma,d�maQ�,las�s�end ilnbllltieo eria!!eq In connMdc►re wNh --
<br /> _- -_��? tita pcc�:��a�,U�o,dl:.�a:at or trar��port ot any H��:rdo!��ft1�t^rl�la nn,��nd°r,/rnm or e4�out the Pre[�rfy.THF FUH�GUIN(3
<br /> _— WAflRANT1ESAMOwGPRESEtdTAT10N3,ANDTRUS70A'SOeIl�ATIONSPURSUANTTOSHEFOREtd01lVt3lNOEMNi7Y,$HALL
<br /> -=���'� SURVIVE RECONY�YAN�E OF THIS OEEO OF TRU8T. -
<br />___ m„ar.� jp, ��yn►�nt oY 6i�nlo.Trustor hereby asslgns to Lendsr the rente,lasuea and nrof(te of the F'roperty;provided that Yruytar
<br /> .�,�.�,�-�,� shail,unUl the occur�ence of an Bvent ot Deisult hereunder,have the ripht to callect end rotaln such renU,Istues and protiu as thsy
<br /> -._!�a_;,, become due and psyat�le.U{�an the ocaurrence o1 an Ev�nt oi Detault,Lender may,either I�porean or by aqent,with or wlthout
<br /> - -� bringing nny ection or proceodln�,or by a recafver appofnted by a cauri and wlthaut�egard to thr.adequacy nf Ite�urlty,enLe►
<br /> " "L f,,,,,�,o,'���?`� upnn end 4sko posae�slon ot t4�e Property,or any part 4heroaf,in ite own name or In Me�ame of tho 7ruttoe,end do any acEo whloh it
<br /> �t deeme necessary or desirable 4a preaerve the vatue,markotRbitiry or rentn�ll(ty o}tho Property,or any part thereof or InterratthsrWn,
<br /> -°�a�;+����R Increaae the irtnome thoretrom or proteafthe securtty herao}and,with or wkhout taklnp potseetlon of ths Prop�Ay.�ui(or o►
<br /> __-.;���"���;� othorwise collsct the rents,lsaues and profite thereof,lnnludinp thoae past dae and unpald,and apply ihe wme,I�a cost��nd
<br /> ,t;,.a;,,
<br /> *��+=� * er.pensea of operetlon and colleaUon Including ettorneys'feea,upon eny IndebtAdneee eeaured hereby,dl In�uch ord�r�e Landor
<br /> -�-'�+;�':�°� ma determine.'I'he enterin upo and takln ossesslon of tha Pro e the colleotlon os such rsnta,It�ue�wnd profit�and ths
<br /> --v '��¢� `��` eppllcsUon thereot ae Aforeaald,shall rtot curepa►walve any detault ar notice oi deteult he�aunder os Inv�ildat�any aot dons In
<br /> --�:.��.ri,,,. naponta to euch detnult or pureuant 4o Auch notice of detault and,notwfthatar+dinp the continuanc�In pou��tlon of the Prap�rry or
<br /> -�a`-�1-= •- the cQllect!on,recel(�t and applfcatlan o!rente,lasuea or profite,snd TruateA end Lendar shall ba sntlN�d to�x�rClw ev�ry ripht
<br /> - � � ` �"a�'; rovidedtorin�n oltheLoanDocumenteorb lawu noccurrenceofan EventoiQet�utt,lnoludin wllhoutlimit�tlontherl htto
<br /> ��`�"'"�"Y � exercise the power of aale.Further,Lender's rlphts a�d remedlea under thla psrapreph ehell be cumul�tive wlth,Mnd In no way• -
<br /> '=' ���`��s�"� •''� { Ilmltetlonon,Lender'srightsandremedieaunderAnyeasipnmentotleasesandrenterecordedapeinattheProperty.I.ender,Truetee _
<br /> _,;;.'����,� end the recelver ehall be liebte to account only.thos4 rents ac4ually received. �. -
<br /> .;;:�q•>�r.��,�, 11. Ewsnb o1 C1Nau1�.The foilowinp ehail constitute an Event o}Detault under thla Deed ot Truex
<br /> � � � (a) Fallura to pay any Inetallment of principal or Interest of any other sum seaurod hereby when due;
<br /> "T��,•�-rrc^;;' "?`*^'� (b) A breach of ordefsuit under any proviale�n contatnad In the Note,thf9 Deed ot Trust,eny o}the Loan Docum�snts,oreny =_=_
<br />,-�;f.�,.� -, other Ilon or encumb�ance upon the PropeRY; _�•
<br /> (c) A writ o1 execuUon or attachment or eny almilar procesa ohall be entered agalnst Truator whiah shail become a Ilen on
<br />;�,�k,.;, . tho Property or any portlon thereof or intorest therein; '- -
<br /> ;� (d) There shall be filud by or agalnst Trustor or Borrower an actlon under any preaent or future federel,ataio or other _
<br /> . statute,law or reguletlon relating to bankruptcy.Ins�lvency or other rellet for debtore;or thdre shall be appointed any trustee, ;�_
<br /> ° .• recolver or Iiquldator of Truatar or Borrower or o}ail or any part ot tho Property,or the rente,issues or proflte thereof,or Truator �_�---
<br /> t.:..
<br /> ••� •• or Borrower shait make any gnnera�ess�gnment ior tne benefiii oi crediiora; tt�:,.
<br /> • (e) The,sale,transfer,lease,asalgnment,conveyance or further encumbrance o}all or any part of or any Interost In the
<br /> Property,elther voluntarlly or Involuntarlly,wlthout the express written consent ot Lender, provided that Trustor shall be
<br /> . �,I_,4.
<br /> permitted to execute a lease of the Property that does not contaU an option to purchase and tho term oi which does not exceed ;.�=�
<br /> , r�r
<br /> • one year,
<br /> ' (� Abandonment of tha Property;or ��`-
<br /> � , (g) If T�ustor la not�n Individual,the Isauence,eale,transfer,asulgnment,canveyanco or encumbrancs of�nore than a total •::�'.j`
<br />, .. 4'�3;=�'-:
<br /> � � of.�_percent of(tf a corporation)Its lesuod and outstanding atock or pf a partnership)a total ot percent of
<br /> ..y� p8rtnerehlp Interosts d�fring the period this Deed of Trust remeins a Ilen�n lhe Propertyr. :
<br /> 12. Rfm�dier.AccH�rntion Upon OeiRUM.In the event of eny Event of Defeult Lender may,wlthout notfce exc�ptas requlred by
<br /> � law,declare all Indobtednesn secured hereby to bo due and payable end the eame ahall thereupon becomo due and payable
<br /> ;. `� without any presentment,demnnd,protost or no�co of any klnd.Thereafter Lender may: , '
<br /> � (a) Demand that Truatee exerclae tho POWER OF SALE granted hereln,and Trustee 3hell thereatter cause Truator's �,�;'
<br /> ' ` � lntere�t In the properiy 4o be sold and the proceede to be distrlbuted,eil In ths mannor provlded in the NebrasKa Trust Deeda
<br /> ' ' ' acr,
<br /> � �� � � (b) Exercise any�nd ail righte provided for in any nf the Loan Documenta or by luw upon occurrence ot any Eventoi Dofeult;
<br /> , � � nnd .
<br /> (c) Commenco an�c;ion to}oreclose thls Deed of Trust as a mortgage,appolnt A recelver,or specificalty entorce any of tho
<br /> covdnents hereof. "
<br /> �� No remedy hereln conlerred upon or reserved to Truatee or Lender Is intonded to be oxclu&Ive of any other remedy hereln,In the
<br /> Loan Documente or by law provfded or permitted,but each shall be cumulative,shall bo In additlon to every othor remedy given
<br /> �"'.•�'" hereunder,In the Loan Documenta or now or heroafter existing et law or In equfty or by statute,and may be exercised concurrentty,
<br />, indepandently or successivefy.
<br /> _ ..� 13. T�u�ts�.The Trustee may rosign et any time without cause, and Lender may ut any tlmo and without cause appolnt a
<br />� ,;....,. successor or substitute Truetee.Trustee shell not be Ilable to any perty,including rilthout limitatlon Lender,Borrowor,Truator or any
<br />�:�• � ' purchaser of the Property,for any Ioss or damage unless due to reckless or willful misconduct,and shali not bo roqulrod to tako any
<br /> � actton In connectfon with the eniorcemant ot this Deed oi Trust unlvas indemnlfled,In writing,tor all costs,compensatlon or
<br /> �� expensea whfch may be assocteted therewith.In additlon,Trustee may become a purchasor at any salo of tho Propa►ty Qudiclai or
<br /> = undar the power of sele granted hereln);pastpone tha sale of all or any poRlon ot the Property,as provided by law;or soll the
<br /> � Property ea e whQle,or In soparate parcola or lots at Trustee's discretlon.
<br /> 14. F�ss and Expen�M.In the event Trustee seils the Property by exerclse of power of sale,Trustee ohalt bo entitled to apply
<br /> �� any sale proceed�tlr9t to payment of all costa and expenses of exercising power of eale,Including ali Trustee's feea,and L�nder'a
<br /> a: and Trustee's attornoy's tees,actun�ly Incurred to extont permittecl by appllcable law.In the event Borrower or Trustor exeraises any
<br /> � right provided by law to cure an Evont of DofeulL Lender ahall be entitlad to recover irom Trustor all costs and expQn�es actually
<br /> . Incurre.d as a result of Trustor's default,Including without ilmitatlon all Trustee's and attorney's tees,to the extent permitted by
<br /> �.` , ePPilcablv Iaw.
<br /> 1b. Futun Advancu. Upon request ot Borrower, Lender may,at Ite optlon, make eddltlonal and future advance9 and re- �
<br /> .�, adversces to Borrower.Such advancos and roadvances,with fnterestthereon,shall be securod by this Deed ot Trust At no tlme shall
<br /> °' the principal nmount oi 4he Indobtednesa socured 6�y thls Deed of Truat,not Including sums advancad to protoct tha security of thla
<br /> � . ,_ ______ __° Deecf of Truo�exceed the origfnal prtnclpal amount ste2ed hereln,or$ whlchev�r Is groater.
<br /> � - - = 16. MI�CNim�u�Providone. �
<br /> (a) Bo�rowu No!R�I�a=�d.Extenslon of the timo for payment or moditication of amortlzatlon ot tho sums socured by thfo i
<br /> ,� Doed of Trust granted by Lender to eny auccossor In interest of Borrower shell not operate to roleaso,In any mannor,tho Ilabllity
<br /> ��� of tho orlginal Barrower and Borrowor's successors in Interest.Lender ahall not be requlred to cemmence proceedfngs agalnat �
<br /> � , such euccessar or rofuse to oxtend time}or peyment or otherwise modliy emortizatton of the sums secured by this Doad ot Trust j
<br /> r� by reason of eny demands made by the oNginal Borrower and Borrower's successors fn Interost. i
<br /> _,. (b) Lend�r's Pow�n.Without afiocting the Ilablilty oi eny other porson Ilable for the payment ot any obltgation herein
<br /> mentioned,and without eflecting the Ilen or charflo of this Deed of Trust upon any portlon of the Property not then or theretotore '
<br /> � . released aR&ecurity}or tho full amount oi ali unpaid obllgations,Lender may,from time to tlme and without notice(i)release eny ,
<br /> peraon so Iieble,(II)extond tho maturity or alter any of the terms of any such obllgatlone,(Ifl)grant other indulgonces,(Iv)release ;
<br /> � • or rsconvoy,or cause td be released or reconveyed at any t�ma at Lendar's optlon any parcel,portfon or all of the Property,
<br /> , '� (vj tske or releaso any other or addittonal socurity tor any obligation herein mentloned,or(vl) make composttiona or other ;
<br /> . „ errangements wlth dobtors In relatlon therero. �
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