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<br /> � 0, H�:�rtfau�Matorlrh.Truotor ehall kc:op tha Proporty In compllanco w{th all applicnbio luwe,ordinancf�s nnd repulations ;�,,.-'
<br />- reletlnp to Induetrla!hyplone or envlronmontal protectlon(a�lleatively rotorred to hsreln ne"Environmontul Lawa").Truotor ohall ,� -
<br /> keep lhe Prupsr'1y tree Irom all oubotancea deemed lo be hAxardque or toxlo under any 8nvironmontal I.awe(collectively roferred to ___.
<br /> ' hereln ao"Hezardoue MAterlala").Yruetor hareby werrante nnd roprosonte to Londor thnt ihoro aro no Haznrdous Metorlsls on or �
<br /> � under the Propsrry.Truetor hereby�greea to Indemnify end hold harmlese Lander,It�directore,otticere,omployees and aponto,and
<br /> ' • eny euccASaore to Londar's Intoro��(rom and aflQinet any and nll clnlme,dnmape�,losses and IlsbtllAas arlsing In cannectlory with ____
<br /> tho preaenCe,uso,dlepoael or traneport o1 any Hazardoua Matdrials on,undor,irom or ubnut tho Prv�e►1y THE FORf:40INCi ��.
<br /> ”' WARiiANT1ES AND REPRE3ENTATIONS,ANQ TpUSTOR'S OBl.IOATIONS PURSUANT TO THE FORE�OIN�INDEMNITY,SHALL .�__
<br /> SURVIVE FiECONVEYANGE OF THIS DEk:O OF TRU87, rovided that Trustor ^ ��'
<br /> • 10. A�tl�nm�nt o1 R�r►h.Trustor horeby asstgna to Lender the rents,lasues and proilts ot the Proporty;p . � •
<br /> ' shall,untll the accurrenco 01 nn Event ol0etnult hereunder,heve the riflht to colloct and reYaln such rents,leaues and protite ae they <� „
<br /> become due end payuble.Upon thA occurrence o1 nn Event ot Default,Lender may,elther In person or by epent,witl�or without �
<br /> � brinping any actlon ar proceeding,or by e recelver appolnted by o court end without roflerd to tho adequncy ol Its aecurtty,entor
<br /> upon and take posaession ot the Property,or eny part thorooi,In Its ovm name or In the nnrne of the Trustee,and do anyacus whlch It �i
<br /> " - daems necessary or doslrabl�to pra�erve tho value,marketablllty or renWblliry of the Prnperty,or any parttheraof orinte�eatthereln, ^,�.
<br /> Increase tho Incomo therefrom or protect the securfry hereoi and,with or wlthout talcing possosslon o1 the Property,sue for or °�, �•`
<br /> �; atherwlse collect the ronts,lasues and profits th�roof,Including those pest due and unpetd,and epply the enme,less coste and .
<br /> oxponaes of oparation and collectlon Including attornoye'fees,upon any Indebtednoss secured hereby,ell In euch order ae Lender .
<br /> may determine.The entering upo�and taking posaesolon of tho Property,tho collectlon ot such rents,Issues and profits and the ,
<br /> � eppltcatlon thereoi ae etoresald,shall not cure or walve eny default or notice ot deiault hereunder or Invalldate eny act dono In ,
<br /> response to such defuult or pursuant to such notice of deinult end,notwithatanding the continuance In possesslon of the Property or i
<br /> the collection,recelpt and apPlicution o1 renta,IssuAS or proflta,and Truetee and I,ender shell be entitled to exercise every right <<,,: .
<br />`' provided for In any of the Loae�Documents or by law upon occurrenco o}any Event of Do}ault,Including wfthout Iimitatlon the right to ��',,;:`�� ,
<br />- oxerclae the Rower of eale.Furthor,Lender's rights and remedfes under thfs paragreph shell be cumulative with,end in no way e �+�..�., �•�.
<br /> ., limitatlon on,Lender'8 rights and romadles under any asstgnment of leases and ronts recorded ngalnstthe Property.Lender,Trustee '. .;' '�°�t
<br />- and the recelver shali be Itable to account anly those renta actually recelved. . .
<br /> 11. Ev�nts ot D�}auit.The tollowing ahall constltute An Event o}De}ault undor thls Doed of Trust ,,��';,� ��_ _7:
<br /> (a) Failure to pay any Installmont oi princlpal or Interest oi any other sum secured hereby when duo; �`1;:;;'r� ��_
<br /> (b) A breach of or detault under any provieio�contalned In the Note,this Deed of Truat,any of the Loan Documents,ar any ���
<br /> - athor Ilen or encumbrance upon the Propertv;
<br /> (c� A writ of executlon or ettachment or any slmller proceas ahall be entered aflalnst Trustor whlch ahell become a Ilen on , '�,�:
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<br /> tho P�opertyr or any portton thereoi ar Interest thereln; - � , �:�
<br /> (d) Thore shell be flled by or agalnat Trustor or Borrower an action under any present or tuture federal,st�te or other , __
<br /> 3tatute,law or regulatlon rolntinp to bankruptcyi,Insolvency or othor roliet tor dobtors;or there shall be appolnted any truatee, �, so_:
<br /> = ss���ar�r;lguldsS�r o!Tr�4tnr rn Borrower or of all or any part of the Properry,or tho rents,losues or protits thereol,o►T�u9to� `__�•r�",�' � �
<br /> or Borrowor shpll make any general assignment tor the benoflt o}credltore; �—=1��Fj —
<br /> � , (e) The,aefa,transter,lease,asslgnment,conveyance or}urthor encu nbrence oi all or any part of or any Intereat In the ,.., , .
<br /> Proparty, either volunterlly or Involunterlly, wlthout the express written consent ot Lender; provided that Trustor shall bo , �r
<br /> , pormitted to executa a leaae of the Property that does not contafn an optlon to purchase And the term of whlch does not excoed . . ,�
<br /> . .; . , one y�ar; ' :' �
<br /> '�. (� Abandonmorst of 4he Property;or
<br /> (g) If Trustor ia not sn Indivldual,the Issut�nce,salo,transfer,assignment,conveyance or encumbrance of more the�n a total :'r.:;��
<br /> ot�--_-percent of(I}a corporation)Its Issuod end outstandfng stock or(If a partnerahlp)a total of percent of I :-:�'�
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<br /> p8rtnership intere�sta dttring tho period thfs Oeed of Trust remalns a Ilen on the Proporty.
<br /> 12, ptmsdlN;Acc�:o�•aUon Upon D�faull.In the event ot eny Event of Dotauit Lender may,wlthout notice oxceptas requlred by � j ;'��j
<br /> law,declare all Indebtedness secured hereby to be due and payabie and the same shali thereupon becomo due and payabte � , ;;.,;�`
<br />- without any presentment,demand,protest or notico ot any kind.Theraafter Lender may: i •� :� ;
<br /> (n) Demand that Truatoe exerClae the POWER OF SALE granted hereln, and Trustee shall thereafter ctiusa Trustor'a „��
<br />- � interost In the Praperty to be aold and the proceede to be di9tributed,all In the mnnner provided in the Nobrnskn Trust Deec�-� I ' .�+ � '� '
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<br /> (b) Exorclse eny end all rlghts provtded for In nny of tho Loan Documents or by law upon occurrance of any Event of Default; i
<br /> . ef�d � .
<br /> (o) Commenco en action to foreclosa thls Deed o}Trust ss e mortgage,�ppoint a recelvor,or speclficaliy eniorco any of the i �.� .
<br /> covonants horoot.
<br /> No remedy heroln conferrod upon or reserved to Truetee or Lender is Intondod to be oxclusive of any other remedy herotn,In the � ' rs
<br /> " Loan f�oCUments or by law providnd or pormltted,but each shall bo cumuletiva,shall be In addltion to every other remody fliven i ,;.
<br /> � hareundor,In the Loan Documents or now or hereaitar existing et luw or in equfty or by statute,and mey bo oxercised concurrently. ;- a
<br /> ;. fndependontly or successlvoly. � 'w- ,r
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<br /> ,ti , . t3. TruttN.The Truatvo mny resign at any timo wlthou4 cause,end Londer may at eny timo and without cause appo nt a �; ,,
<br /> successor or substltuto Trustoe.Trustoo shall not be Ilable to any party,Includinfl without Ilmitntlon Lender,Borrower,Truator or any i
<br /> �.. purchaser ot tNe Proporty,for any loas or damnflo unloss due to reckloss or wllllul ml�conduci,and shall not be requlrad to tako any ,. ,�
<br /> octlon In conneCtlon wlth the eniorcomont ot this Deod of Trust unless Indemnitled, in wrlting,fur all casts,componsatlon or i
<br /> exp�nsos which mQy be assoclatod thorowfth.In addltlon,Trustee may become a purchaser et any salo of the Propo►ty Qudiclal or ; _
<br /> ' under tho pownr of sale grantad horoln�;postpono the sale ot ail or any portion of tho Property,ae provic�od by It�w;or soll the i ,
<br /> � � Property ne a wholo,or in eop�rato percels or lots at Trustee's discretion. ; • �
<br /> 14. Fea�and ExpeMea.In tho ovont Trustea sells tho Proporty by exercise of powor o1 aalo,Trustoe ahnli bo ontitlod to apply ,
<br /> ' uny salo procoeds�first to paymont of all cosis and expon�es ot exorcloing power of sale,Including all Trustoo'e foos,end Lender's i �
<br /> nnd Truatoo's�ttornoy's tees,actuully Incurrod to extont pormitted by appllcable law.ln tho ovont Horrowor or Trustor exorcisos nny ,
<br /> right providod by tew to cura an Evont ot Delaull.Lond�r shalt bo ontitlud to racover lrom Trustor nll costs end exponsos uctually
<br /> Incurred ea a roauit of Trustor's dufault, Including without Ilmitotlon ell Truate�'s nnd $ttornoy's tees,to thee oxtent pormitted by
<br /> � oPPtica�blo Iow. :
<br /> � ta, Futur�Advanc�t. Upon roquoat ot Borrowor,Londor may,nt Its optton, make edditionnl and futuro advancos and ro-
<br /> advnncos to�orrowor.Such ndvanco�nnd roadvancos,wlth Intoroot thoroon,�hall bo socurod by this Dood of Trust.At nu timo shnll
<br /> •� " tlie princlpal omount oi the Indobtodnoss socurad by thla Oood ot Truet,nat Including sums advancod to protoct tho�sacurlry of this � t
<br />__t_ _ _-- - _ . .�_.._. ___Y..�.�...i..i..oi...�n�iml amnunt utntnd hnroln.Ot S 10@_G�01d_ARl ,.�WhIChOVO�iS B�OI1tOr.
<br /> -___.___� ._ _. _____. _ UQ9U 0( t1Ua6 om.ovu•��v v..p......�...._.�...._ '. ' '
<br /> ,� 18. MUcNlaneouR P�•avlslam. -- .
<br /> '� (p) BorroHror t+lot Rel�at�d.Extonsion of tho timo for poyment or modificution ot amortization of tho sums so.urod by this
<br /> � Dood o1 Truet gren4ed by Londor to any uuccossor In Intorost of Borrowor ahnli not oporate to raloaso,f n any mannor,ihe Ilabllity
<br /> j o}the origtnal Borrowor and�orrower's euccossore{n fntorost.Londor shall not b�requlrod to commonco procoedlnfls ngntnst
<br /> ' �, such ouccesuor ar rofuso to oxtond tlmo lor p�ymont or oth�rwlso modliy amo�tltetfon o1 tho sums s�curctd by thls Dood o1 Trust
<br /> +� b roason o1 nn domnnds mado by tho orlginnl Borrowor pnd Borrowvr's succossors in intorc�st. _
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<br /> (b) l.end�r'�Pow�n.Wlthout Attoctinp tho Ilnbllily ot any othor per�on Ilablo for tho pnymont of nny obllgation horom
<br /> � � mantionc>d,nnd without nitoCting tho 1lon or Chargo 04 thls noEtd ot Trust upon nny portlon ot tho Proporty notthon or thorotoforc�
<br /> d
<br /> rqlootsod ns socurity for tho full omount of�II unpald obllgo4lone,Londt�r may,trom time to timo und wfihout notfco(i)rolut�so any
<br /> or roconvey,�or ct►u�a to boi o oatsod or raconvoyodtn�any Umo at Lando re pt onnan(y�iparcol,portiondor'e/l of tho�Property,
<br /> � (v)tnko ar rolauso eny othr�r or ndditlonol sQCUrtty tor nny ohllgation horaln monttonod,or(vi)mnko compositlons or othor
<br /> c�rrangcmants with debtoro In rolatlon thorato. � �
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