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<br /> -�=�=����• � 9. Hiirrdau�hi�!lsi1�[x Tr�aetor shali kasp ths i'roperty In complVinco�erlth All eppliaahle Iswa,orcilnances enxl�e;sulatlone �-====
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<br />__�_.��-,-����;���-- rslatinp to(nd�etriel riyp;eneor enviro�mentel nrotecfla�(coiiective!y referr�d to h�toln sa"�nvlro�m[�ntel Lewa' .7ruat�r e � _
<br /> --- . — k�p the Prnp�rty 1re�lrons all tub�tanca8 deemod tA t�e I�exsirdou�ar toxla undar nny Envlronmt,ntal Lsv�a(colleotivnty roferred to
<br />_. hsrMn u"H�zxrdous M�ttrrlUa").Tru�ter herN�y w�rrentA Rnd reqressnts ta Lende!that thers are no H��rdau Mae�rl�IR on ar
<br /> _- ��+��:.ti��_:__:� und�P the Proparty.Truslar herofoy apveee to Indemnity end hold harmleaa Ler+der,It�dlrentore,otticere,empioyees and�penU,�nd _
<br /> --- eny�uccesaon to tersd�ra Intpreat,4►om end epetrost any anci a�l clalrue,clarna�aa,las:rts anJ IfaD!ltflc�arl;,inp!i��:::�r�s'.ian e:lth
<br /> the presenc�,uss,dispotal or fren�poR o1�ny liexnrdnu�Matertals on,under,tram or abaut the P�operty.THE FOREQOINti
<br />�--------- WARRANTIES/1ND REPAESENTATIUNB,AND 7RUSTOR'8 ABLIOATIQN8 PURBUANT TO THE FORE(301NQ INA�MNITY,SHRI,I
<br /> ---—_-- — SUHVIVE R�CONVEYANCE OF THIS DEED OF TRUST.
<br /> -_�_;� 10.Au4�nm�n1 o1R�nle.Truetor hereby essipns to Lender the rents,lasues and profite of the F+ropeRy;provided tnat Truetar
<br />=_M=�;;��x� ahall,unUl the occurronce ofen Event ol Default hereunder,hsve the rlght to collect and reteln such rents,lesuea and protila asthey
<br /> -'°"'°` =---- becc�me due and payabte. Upon the ocourrence o}en Evont ot Detauit,Lender may,alther In paraon or by apeni,with or withaut
<br /> ''°"'"'"'"� bringlnp a�y actionor procesAlnQ,or by a racolvor appolntcd by a court and eilthou!repard to tho adequACy of Its sricurily,enter �
<br />--_��=� upon and take possesslon otthe Property,or eny part thereof,In Its own name or In the name o1 the T�uetee,and do any ecta whlch It -
<br />",�;;;';,;�;;;,;�„;,:;y;,;�;;�� deems necessary or de�lra�le to preserve the vAlue,marketability or rontabllity of the Propertyr,or any pan theraot or Intereat thereln, L_._-
<br />��-=y��-���:.' , incroasa the Income Eher�trom ar p�atect the security hereof and,wHh ar without takinp possessian o}the Proporty,8ue tor or -
<br /> r i 3T��i , otharwise collect the �ent�,lesues snd proiite thereot,Including those past duo end unpald,and apply the aflme,loaa casta and _
<br /> � �t"�,. exponses ot�peretion end collecUon Including attornoys'tees,upon any Indebtedneae secured hereby,all In auoh ordor As lendar
<br /> '"��='�'?•��_�' ntari� u on nnd tekln ossesslon of tne Property,the collectlon of such rents,isaues snd prolltg snd tho —�
<br />������Y�;� = may determine.The e 8 p , 8 P -
<br />�,��,�;�°�,v,,�r1 .�Y eppilaailon thereof as ebresaid,shall not cure or walva any detault or notice of detault hereundar or�nvnlidate any act done In
<br /> .-„�T,�- ,-,,,��-�,� � respanse to euch dafa�tor pur�unnt to such notice of deisult end,not4vithatancllnfl ihe continuanc�►in pnsseeslon of the Property or vw._
<br />�. � ,_N.S )4'-� ._
<br /> ��� ,;,���.;.�� r tho collection,recelGt and a0plicatlon o1 rents, lasues ar profits,and Trustee and Lendor shell be entl4led to exorclse every rlpht �:;_
<br />_':�.;�',�'ii�n:�?•".ej'+';•;,?;;tf�; provldedforina�yottheLoanDacumentsorbylawup�noccurronceolanyEvantafDetault,lnctud{�gwithoutiimitatfontherlphtto —_
<br /> ,;;:t,�� ex�rclso the power ot sela_ Purther,lender's rights and remedies under this peragraph ehall be cumulative with,8nd in no wuy e """
<br /> �. ,,,f;.;:.,y..;;,:. . Ilmitatton on,Londer's dphtsand remedles under any aaslgnment of Ieases an�9 rente recorded agalnsttho Property.Lander,Trustoe �.
<br />- '`�.�•� . ••-�� and the reaelver shall bellable to account only those rent�actualiy received.
<br /> �' � ' • •• 1 y. Ev�r►t�of Dsi�uN. The fallowing shall constituto an Event ot Detault under this Deed of Trust
<br />�'�'��' ;, ' >;; (e) �allure to pay any installment o}principal or Interest ot any other eum secured horeby when due; :r;�•
<br /> _ , (b) Abreachofor delaultunderenyprovl3foncontalnedinthoNote,thls0eedofTrust,enyoitheLoanDocumenta,arany '
<br /> " � , other Ilen or encumbrance upon the Proporty; '
<br />- . � � (a)A writ of ezeoutlon or attachmont or eny slmtlar procesa ohAll be entered egolnet Truetor whlch shnll became e Ilen an
<br /> �• � tho Praporty or anr pcntlon thereot or Intereat thereln;
<br /> •� (d)There ahell be IIlod by or aflelnet Trustor or 6orrotiver an actlon under eny pre�ent or luture(edersl,atate or other •
<br /> . atatute.law or rea�atiun reletlnA to bankruptcy,Inaolvency or othar rellef tor de4tora;or there shall be eppolnted any truetee, s_
<br />-' ° recelver o►Uquldalor o1 Truator or Borrower or of eil or eny part oi the Praperty,or the rents,Isouea or prollte thereoL or 7rustor ,
<br /> � or Borrower ahall ma�ce eny penerel asslgnment lor the benetit of credltore;
<br /> � . (e)Tiie,sela.Uen afer, lease,as�ignment,convoynnco or further encumbrance of ali or any part ol or Any lnterent In the
<br /> Properry, elther vduntarily or Involunterlly,without tt�e express written cansent of Lender; provlded that Trustor shall be
<br /> � � permitted to execute�leese o}the Property thet does not conteln�n option to purchase and the term o1 whlch doea not excaed :�„`�
<br /> one year; ' -
<br /> `� ' . � - (� Abandonrnent o1 the Proparty;or
<br /> <;;,. • . •• . (p) If Trustor Isn�tan indfvidual,the issuance,sale,tranater,assignment,conveyence or encumbrance ot more than a total
<br /> , of.�—pBrCBnt of(li a corporetion)fts loauod and outstanding stock or(if e partnerehlp)a total of percent of •
<br /> " . . .. pSRnerehip intere5ls ddring the period this Deed of Trust remelns a Ilen on the Property.
<br /> 12. R�m�dltt;A���Isr�llon Upon Default.In the event of any Event of Deteult Lender may,wlthout notice except as requlred by
<br /> law,declare ell indebtednese securod hereby to be due and payable artd the aame shnll theraupon become due end pAyable
<br /> �'�"'"`" ' ' wlthout any presentmen� demand,protest or notice o}any kind.Thereatter Lender may:
<br /> , ._..:-•
<br /> ' . � . (a) Demgnd that Trustee exerciao the POWER OF SALE gronted hereln, and Trustee shail thereafter cause Trustor's
<br /> �'` ,, , , interest In the Properlyr to be sold and the proceeds to be dletrlbuted,all In the msnner provlded In the Nebraska Trust Deeds
<br /> Acx °
<br /> „ (b) Exerclse eny�nd all rights provlded for In any of the Loan l7ocuments or by law upon occurrence of any Event of Default;
<br /> • end
<br /> (c) Commencean act{on to foreciose this Deed of Trust as a mortgage,eppolnt a recelver,or speclfically entorce any oi the
<br /> covonants hereot.
<br /> No remedy herefn conlerred upon or reserved to Trustee or Lender ie lntended to be exclusive of any othar remedy herefn,in the
<br /> =:_� Loan Documents or bylavu provided or permittad,but each shull be cumulative,shall be in addition to every other remedy given
<br /> ,.�„ hereunder,In the Lo�n Do�CUments or now or hereafter existfng at law or in equfty or by statute,and may be exercised Concurrently,
<br /> ` 3 indopendently or succeuivey.
<br /> "�j„ 13. T�uttN.The Trustee may resig�at eny tlme without cauae,and Lender may et any time and without cause eppolnt e
<br /> -Ar:Y1 > successor or subsAtuteTr ustee.Trusteo shall not be Ilable to nny parly,IncludlnA without Nmltetion Lender,Borrowar,Trustor or any
<br /> ��� - purahaser of tFte Properly.lorsny loss or damage unleas due to reckleos or wlillul misconduct,and shall not be requlrod to teke any
<br /> „ •�• actlon In connectlon witF�Ne entorcement of thls Deed of Truot unlesa IndemnHled, In writlnq, 4or all coate,compensatlon or
<br /> • � , expenses whlch may 6e assoclated therewith.In additlon,Trustee may becomc a purchasor at any sale ot the Property Qudlclal or
<br /> � p , ' under tho power of aole grented herc�ln);postpone the aele ot sll or eny portlan oi the Property,as provided by law;or sell 2he
<br /> ' " Property ea a whole,or In separnte parcels or lote at Truatee's discretlon.
<br /> � 14. Fet�and Exp�naa.In tho ovent Trustoe selle the Frop�rty by exerclsd of power of sale,Trustee shall ba entitled to apply ,
<br /> ., any sale proceede firallo paymont of all coots and expenses of oxercising power of sAts Including all Truatee's tees,and Lender's
<br /> � and Truatee's attornsysfoes,actually Incurred to oxtent permitted by appllcablu Iaw.In tho ovont Borrower or Trustor exercises any
<br /> ' � right providod by law lo¢uro an Everrt ot Detault,Lender ehall ba entltled to recover trom Truetor all costs end oxpenses aatually
<br /> -'.'� Incurred ae a result d Truetor's detault, Including wlthout Iimitatfan ell Truetee's end attorney's fees, to the oxtont pormitted by
<br /> epplicable law.
<br /> - 16. Future Ad►ant��.Upon request oi Borrower, Lender may, et Its optlon, make additlonal and}uture advances an� re-
<br /> . � ' �• advances to Borrow�r.S�ch advences end readvances,with Intereat thereon,ehall be secured by this Dved ot Trus�At no time shall
<br /> -� +�� - ----" - - -,- the arinclnal amount olth e Indebtedness secured bv thlo Deed of Trust,not Including aume advanced to protect the securlty of this
<br /> s� � Deed of Trust,exceedtha orlginal principal amount stated herein,or$ 70.000.00 �yhlchever Is greater. f
<br /> ; '� . 18. MItcNlan�owProrNto��. I ..
<br /> , � • (a) Boe7ower��a�ktcl:.:c:d.Extanslon ot tho tlmo for payment or modlfication of amortiiatlon ot the suma secured Dy thla I
<br /> Deed o}Truatgranlec!by Lender to eny successor In Interest of Borrovuer shall notoperato to reloasq.In any manner,the Ilabftlry 4
<br /> o}the orfginal Borrowerand Barrower's successors in Interest.Lander ahall not bo requlrod to commonce proceedinga ageinet I
<br /> � ' auch sucCessor orre�ueo fo extend time tor payment or othorwise modify amortizetlon o1 the eums securod by thls Doed of Trust
<br /> f �• • by reason ot eny 0or�ands mado by the orlginal Borrower and Borrower's succeasore in Intereat.
<br /> (b) Lendtr's Pot�ror�. iNithout aNecting the Ilnbllity of any othor pereon Ilabie for tho payrt�ent of any obllgation hereln
<br /> ,� montfoned,and wllhoutaffecting tho Ilen or charge of thie Deed otTrust upon any portlon of the Property notthen or therotofore
<br /> . • reloaaed ea securiry f+�r lhe tull amount ot all unpald obligatlons,Lendor muy,irom time to tima and wlthout notice(f)release any
<br /> porson so Ilable.pqe�ctend tho moturfty or alter any of the torme of any auch obligatlons,(Ili)grant other fndulgonces,(Iv)release
<br /> - or reconvey,or caus a to be roteased or reconveyed at any tfmo at Lender's optlon any parcel,portlon or all of the Property, 'I
<br /> �r� (v)take or roleaao any other or eddltlonal security for any obllgatlon heroln mentloned, or (vl)meke compositlons or other
<br /> ' "' arrnngements wlNd�btor9 In reletion thereto. , �
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