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<br /> �� """'"•"--°7�°'' rwluNnq to In�uetriel hyptens or�nvlronm9rttal pro;ect!on(collect�veSy r�tarrod 4a�iare'�i aa 'i�:rr:l���n��� .::?ul Q xE�,s'�?. �s����:�r r.','!I �_-.
<br /> ��,--�;;-;,,.,,,,...,, {;�p the pro�l�rty iraR 9rom as11�uba'��ce�d�emed t0 ha h�zKrciou�ar toxle un�ar sny En•rlvonmentsl lAwf�(coi�pc41v4Fy rsfirved to =
<br /> '�"'°' }�sr�{n s���Hu�rdcws MRt��a��'7.rr��tor hera L•y weer a i�ta an�i re�r�e�ente to Lender that there ara n�Fini�rdoue M�tKl�la ort c�r
<br /> ,._�„_,,,�,��•��� �mdst�a PropKty.Tru�tar h�rrby��reu to IndemRity�nd hold humN�a L.�ndK,14a dlr�ctor�,oNic�+'e�lmploy�s:and ap��to,�nd --
<br /> - - , c:,y�,��r•�•���n t�!�Anv'x Interaat,frorr►and epain�t any and�II Gixtma:dnma{�so,loae�x end il�bllitia�rldinq In conn�ctk►n with
<br /> - _ _ thE prAMnct. u�,d�sPr�l or tr�nepod of any H�zard�ue WiMty.�.i��+�,u�tG:.:,tt.::��or c�^:tt►hn pm�rH�y.'fH�i'pHEq01R�13 - -
<br /> WARFiANTIEB AND REPA�SEl1TA1'iON3,AN�TRU3TOR�'S ABU(iA71QNS PURSUANT 70 THE FQpEQOINQ INP�EMNITY,3iiAL�.
<br /> SUHVIVE RFGONVEIfANGE OF THIS UEED qF TRUST. -
<br /> - �p,A�nn►Nd ol PIMtb.Tru�tar hanby aulpr+s to l.ender iha ronb,lasues�nd profits of thg Praperty;�srouided that Tru�tor
<br /> sh�ll,untll the occurrance af a�Fvnni at t�tauit hersunder,have th�Plpht to cotlACtAnd r�ln auoh�snts,law��nd PsoBb a�thty
<br /> — - bacoma dua and payabin.Upon the occurrence o1�n Event ot Qetsult,Lender may.elther In perean or by aqen�wIM o�withuut
<br /> -_-_—� bringlny any ectlon vr procsedln�,or by e receiver appolnted by a coart end wlthnut re�ard to the adeQuacy ot Its eacurlry,ent�r
<br /> - -- upon and t�ke pomaesslon oi ths wroperty.or any part ther�af,ln I!a orrn name or in the nam�of the T'rustee,nnd do sny acb wAlch 11
<br /> - deerna necesnary or�ieelr�6le to prsserve the vslue,marketabllity or rent�bility ot the F�roperty,or any pert theReoi or Interuftthere7n,
<br /> ----- Increaee the Inc�ma the�etrom or prntect the ea�audty hereof and,wlth or withoui teking paaaesaloo o�te�me,�l s c eb e d --
<br /> - --e otherwlse collect the rente,Isauea ond profits thereof,Inctudlnp thoae peat due and unpald,and app y �
<br /> "' expenaes ot apernUon and callecUon including attornoys'fees,upon any Indebtedneae eecured hereby,ell In auch order es L.ender
<br /> - --_-= may determ�he�eo}ae et resuid a al not cu9e or walve any defaultpnrrno Ice ot default he�eunder or Invetldate any s+at done n
<br /> ----- --._'.._._ ePPlicntlon
<br />����� re�onie to auch detsult or pursuent to swch notica of default and,notwithstandln�the contlnuance In poatens�on of the 4�ro�frly or
<br /> ..,,,,,,k�,�o,� the collectlo�,recelpt and aDAHcatton oi ren4g,IsSUe�or proflts,arod Truet!+e and l.�nder ehall b�entitled to exerclee every riflht
<br /> _----- -- provldedtoNn�nyMtfieLoanOocumentsorbylawupanoccurrenceotanyEventolQetault,includingwlthowtlimitatlontMript�tto
<br /> --��_-�;�`��-*'.�� exerclse the pc,wer of oate.Furthar,�ender's rf�hts end remed�es undar this paragrnph shell be cumulative with,1e�r.�.u tee �_..
<br /> I�.... �'-_':.
<br /> �:.._�::.�•r,,...a. Iimitationon.lender's�tghtoandromedlesunderenyessignmentoflessesandrentarocordedegatnstthe rope . -- -
<br /> _ �� - en d t he roce iva r�s h e l l b�I l e b l e t o a a c o un t onl y those rents actual{y rocelved. _-
<br /> �"�"������� 11. EY�nt�01 DN�uH.The tollowing shail constitute an Event o1 Doteult ander thl�Oeed o t Trus�
<br /> • ,.•:�:, .
<br /> '`�'"==�' � - (a) Fellure to pay any inatailment ot princlpal or interost af any other aurn secured hereby whon due;
<br /> -�-.::�=.-ry�.
<br /> ; �,��....
<br /> ;: ,.,, , , y�, (b) AbreachofordetaultunderenyprovlstoncontainedintheNote,thiaDeedofTrust,anyofthel.oanDocurr�ene,oreny
<br /> �-:%'�'r'����+��:� other Ilen or encumbrence upan tha PropeRY;
<br /> --_°�:,1},,y,;,.,,.�,..;�;i�F�, (c) A writ oi execution or attachmeot or any simi1flr proceaa shali be entered agalnat Trustor whlch ahail ba�ome a Ilen un
<br /> the Property or eny portion thereof or Intereat Qheroln;
<br /> ' � �� (d) There ehall be flled by or against Tructor or Borrower an sctlon under any present or future tedaral,stato or other __
<br /> � atatute,law or regulatfon rot�ting to banW�A pnr nf�nl o�r env uaR ot the Pi ope�rtyr,ob t/e renfs ssuos o bprof�lts 4hereoi,nor Yruet4or
<br /> �BCeive�or iiyuiu'ai�i'v�Tt'sS;IIi O'�L`•�--•-�- - �
<br /> � or Borrower ehall make any general asslgnment tor the bonetit of oreditora; _
<br /> � ����°•�+��"� (e) Tha,aete,transter,lease,e�slgnment,conveyance or further encumbranco 01 all or any part ot or any Interest!n tha _.:;.ti�.
<br /> . � �` "� , Property,efthor voluntnrlly or involunto�ily, without tho express writton co�sent of Lender, provided that Truator shafl be
<br /> � permftted to executo a lease of the Property that does not contain an aption to purchase and the term ot which does not exceed �4�?�
<br /> � „ one yaar,' _
<br /> (Q Abandonment ot the Property;or =---
<br /> (g) If Trustor is not an individual,the i3suance,sale,tranata�,asslgnment,convoyanco or encumbrsnce of more than a total -
<br /> . of.�—Percent of(If a corporation)Ita Isaued and outstanding stock or(N e pertnerehfp)e tctal of percent of �,_
<br /> - pArtnershlp Interests ddrinp the period thls Deed ot Trust remalns a Ilen on the Proporty. �.•:.;�.:
<br /> 12. Rtm�diN;AccNsratlon Upon D�fault.In the event ot any Event of Defauit Lender may,without notice�xcept as requfred by ���v j
<br /> law,declare ell Indebtedness secured hereby to be due and payable end the same shall thoreupon become due end payable �;�_,
<br /> without any presentment,demand, protest or notice of any klnd.Thereafter Lender may. �_-�-.
<br /> (a) Demand thet Trustoe exerclse the POWER OF SALH granted hereln,and Tru�tee ehail thereafter ceuse Trustor's `�--_
<br /> ' in4erast In the Property to be sold and the proceeds to be distributed,ali In the manner providod in the Nebrs�ske Trust Deeds - . ,
<br /> '. ' ACx -
<br /> (b) Exercise any and all righte provlded for in any of the Loan Docume�ts or by law upon occurrence of any Evontof Defauft; .
<br /> - and •
<br /> �, (c) Commence an action to torecloAe thfa Deod of Trust as a mortgage,appotnt a recelver,or specliically onforce nny of the
<br /> ' covenants hereaf.
<br /> Loan DoCUmentenor by law provided orsper ntted,but oach shal�lebo cumuletive,ehalebe fn iadditlon to e ery other emedy gi en
<br /> hereunder,In the Loan Documents or now or hereafter exfsting at law or in equity or by statute,and may bo exorcised concurrently,
<br /> Indopendently or succssafve{y.
<br /> 13.Trm�ttes.The Trustee may reslgn at any time�vlthout cause,and Lender mey at any time and without ceuso appolnt�x
<br /> � successor or substitute Trustee.Trustee ahall not be Ileble to eny party,Including without Ilmitallon Lender,Borrower,Trustor or any
<br /> purchaser of the Property,for any loss ar damage unless due to reckleas or wllltul mlaconduct,and ahall no4 be requfrqd to take eny
<br /> action in connectfon wlth the enforcement of this Deed of Trust unless Indemnlfled, In wriiing,for all costs, compensatlon or
<br /> expenses which may be assoclated therewith.In additfon,Truetea may becomo a purchaser at any sale of the Property Qudicial or
<br /> �� undcsr the power of sele granted herein);pastpone the saie of all or eny portlon ot the Property,as provlded by law;or sell the
<br /> Property as a whole,or In separate parcels or lots at Trustee's discretion.
<br /> ! 14. Fee��nd Expenies.In the event Trusteo soilo the Propsrty by exercise of power of sele,7rustee shall be entitled to applV
<br /> � nny sale proceeds first to peyrnent of all coste and expensos of exerclsfng powor ot sala,Inciuding all Trustes's teea,and Lender's
<br /> and Truatee's attorney's tees,ectually Incurred to extent permltted by eppllcable law.In the event Borrower or Trustor exerclses any
<br /> � rtght provfded by law 4o cure an Event ot Default,Lender ehall be entltled to recovor trom Trustor all costa end exponsos actunlly
<br /> Incurred as a result ot Trustor's dotault,Including wlthout Ilmitation ail Trustee's end attorney's foes,to the oxtent permltted by
<br /> � applicable lew.
<br /> 15. Future Advancet.Upon request of Borrower,Lender may,at Its optlon, make addltlonai and future advances and re-
<br /> advances to Borrower.Such advances and roadvances,with Interesttherean,shall be secured by this Dec�d o}Trust.At no time ehall
<br /> , _____�__ the principal amount of tho Indebtedness secured,by�th�}QD hQdQ^T��$ S00 000�.UO ms aWhfche er�s groaterhe securiiy of this .
<br /> �` ` R8B0 01 I fUSt,eaceed ine unyu�n�v������r�•4,•••-..._-.__. _ _ .
<br /> ' • 16. Ml�c�!lanaou�Rravlslona.
<br /> � (a) BoErower Not Releasod.Entonslon of tho time for payment or modlfication of amortizatlon of the sums Becured by thia
<br /> j „ Deed of Trust granted by Lenderto any successor in Interest of Borrower shail not operate to releasa,In any manner,the Iiebllity
<br /> of tho orlginal Rorrower and Borrower's auccesaors In Interest.Lender shall not be requlred to commence proceedings a�alnst
<br /> �, � such successor or refuuo to oxtend timo(or payment or otherwise modity omortization of the sums secured by thle Oeed ot Trust
<br /> �F " by resson o}Any demands made by the original Borrower end Borrower's succosaors In fnterost
<br /> (b) Lendor'� Power�.Without atiecting tha Ifebllity of any other person Ilable tor the paymont of any obllgatlon herefn
<br /> ; mentioned,and wfthout alfecting the Ilen or chargo of this Deod of Trust upon any portion of the Proporty not�thon or thoretofore
<br /> � roleased ae aocurity tor the full emount ot all unpald obllgations,Lender may,from time to time and wfthout notico(I)release any
<br /> • person so Ilable,(II)extond the maturity or alter any of the terme of any auch obllgations,(III)grant othor tndulgencas,(Iv)release
<br /> or reconvey,or cause to b� released or reconveyed at any tlme at Lender's optlon eny parcel,portlon or alt of the Propertyr,
<br /> _ � , (v)take or rolease any olhe� or eddttlonal security tor any obllgatton horeln mentloned, or(vl) make composltlons er other
<br /> '� � arrenflamenta with debtors In relation thereto. , ,
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