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<br /> � °� " 0. Nazardow M�t�rlwlf.Yruntor onall koop ihe Proporty In complinnco wHh nII ap�llaablo lawe,ordlnAnces and ropuleUonc� . ��:
<br /> relating to induatrlel hyplene or envlronmer►tal protection(collectivoly ro'erred to hereln ae"Envlronmontal Wws").Truetor ahell _
<br /> kttep the Proporty freo h'om all subatancee deem�d to ba haxardoue or toxlc under nny Envlronmental Lawe(collectiveiy reterred to _
<br /> herc!n fle"liozerdoue Matotlals"►.Truotor horoby warrente nnd represonte to Lendor thnt thoro are no Npaa►doue MAterlate on nr „ ,�_
<br /> ��` �' under the Proparty.T�uetor heroby epreee to Indemnity and hold harmleae Lender,Ite dlrectore,offlcere,employoes and ayente,c►nc1 _ ,,,,, .-
<br /> � c�ny succeseoro to 6ender's interost,(rom end oflalnat any and all clalma,damages,lossas ond ilnbllitlea arfsing in connectlon wlth „-�� :
<br /> ' the p►esence, uee,diepasal ar traneport oi any Nexarclou�Mntorinia on,undor,irom ar nbout the ProperSy. THE FOREGIOINa •�
<br /> ~ " yyqRWANTIEB AND REPFiEBENTATI0N8,AND TRUdTOR'S OBLIQATIONS PURSUANT TO 7HE FORE(301fVQ INDEMNITY,SHALL �'�.,
<br /> SURVIVE RECONVEYANCE OF THIS DEED OF 7RUST. 4i�
<br /> � 10. Mtlpnm�nt ol R�nU.Truetor hereby c►aslpna to Lender tho rente,Isauos and protits of tho Nroporty;provtd�d thet Truetor ,�t
<br /> ehnll,until the occurrence of e�Evont of Detault hereunder,have tha rlght to collect and retaln such renta,lasues end protite es thoy ,. .�
<br /> be�ome dua and pay�ble.Upon tho oacurrencn o1 nn Event of Default,Lendar may,olther In peroon�r by sgent,with or wlthout I -• ..
<br /> bringinp eny aatlo►�or proaoeding,or by n recalvor nppolntad by a court and without regard to the edequacy of Ita securlry,enter �--`
<br /> upon and taxe possesslon af tha I'roperty,or ttny Rert thereol,In its own name or in the name ot the Truatee,and do any acts whlch It � F
<br /> deema necassary or des►rable to preservo tho valuo,marketabllity or rentabllity�f the Property,or any part thereol or Interest thereln,
<br /> Inaroase the Income therolrom or protect the securlty hereof and,with or wlthqut taking posaesslon o1 the Property.oue for or
<br /> othorwisa collect lhe ronts,Isaues and profits theroot,including tNose paet due end unpald,and apply the eame, less coste end
<br /> expenses of operation and collactlan Including ettorneys'fees,upon any Indabtedness secured hereby,all In such orde�as Lender �
<br /> �.�. � may determine.The entering upo{�and taking possossion uf the Proporty,the collection of such renta,lasues and profits and the
<br /> epplluatlon thereof es atoresald,ehall not cure or walve any default or notice o1 default hereunder or Invalidate any act done In
<br /> �esponse to Fuch default or pursuant to such notice oi defeult and,notwlthetanding the continuance In possosslan of the Property or ,
<br /> � the Coliection,►eCe{pt and appilcation of rents,Iesues or proflt8,and Truatee and Lender shall be entitlod to exercise overy right
<br /> . provlded for In any of the Loan Documen4s or by law upon occurrenco of any Event of Oefault,Including without Ifmlta:lon the right to
<br /> � exerclae the power ot sale.Further.Lenclor's rights end remedles under thfs paragraph ahell be cumulative with,and in no way n ,r
<br /> � ' Ilmltatlor+on,Lenders rights and remedlos underany essignment of loasos end�ents recorded against the Property.Lender,Trustee �_
<br /> • and the receiver ahall be Iiablo ta account only those ronts actuslly received. ,�-
<br /> � 11. Evtnts ot Deteutt.Tho following shall constituto an Event of Defeult under thls Oeed of Trusx ;�-��
<br /> � (p) Failure to pay eny Installment o1 princlpal or Interest o1 any other sum secured hereby when due; � �•
<br /> (b) !�breach of or detault under any provislon containAd In the Note,this Deed of Trust,any of the Loan Documents,or any ��;;
<br /> ' other Ilen or oncumbranCe upon the ProperlY; �I r roceas shall be antc�red agalnat Trustor whlch shail become e Ilen on I ' ':
<br /> ' (c) A writ of executlon or ettnchment or any sim a p �'�
<br /> the Property or any portlon thereof or interest thereln; �
<br /> � (d) There shaU Ge fited by or egalnat Trustor or Borrower an aCtfon under any present or future tederal,utate or other I � �'�_
<br /> " statute,Iaw or regulatlon relating to bankruptcy,Insolvency or other rellef for debtors;or there sheil bo eppolnted any truatee, I ,- �_�"�'`
<br /> _ _— s�a�a►or Ilauidator o1 Trustor or Borrower or o1 ell or any pert o}the Property,or the rents,lseues or proflts thereot,or Truetor l J _,� -;_
<br /> �
<br /> or Borrower shall make ony general asslgnment for the beneUt ot creaitors; ,:�s•, 4{.-. '�
<br /> (e) The,oalo,tranBter,loaso,asslgnment,conveyanco or lurther encumbrance of ell or any part o1 or any interoat in the , ;,
<br /> Pr�perty, olther voluntarlly or Involuntarlly, without the express written consent ot Lender; provided that Trustor aheil be
<br /> permitted to execute e lease ot the Propertyr that does not contaln en optlon to purchase and the term of whlch does not exceod �`� 4.
<br /> ' one year; '
<br /> (Q Abandonment o}the Proporty;or � +•
<br /> (g) If Trustorls not an Indlvidual,the Issuanco,�ale,transfer,nssignment,conveyence or oncumbrance of more then a totel I �
<br /> .. o�,�._percont of pf a cotporetlon)Ita lesued and outstanding stock or pt a partnerehip)a total of percent ot ; �•i
<br /> pSrtnorehlp Intereste dtfrinp lhe perlod thls Doed of Trust remalns e Ilen on the Property. � - �,'
<br /> 12, pNn�d{�s;RCCN�ratlon Upon D�fautt.In the event of eny Evont of Dofault Lender may,wlthout notice except as requlred by ,
<br /> Iaw,declare alt Indebtedness secured hereby to be due and payable and tho samo shell thereupon bacome due and payablo . j,
<br /> without eny presentment,demund,protost or notice of any kind.Thereufter Lender may:
<br /> �� " (A) Damnnd thut Trustee oxerclse tha POWER OF SAIE granted horeln,and Trusteo ehal�th3reaRer cause Truator's
<br /> " Interest In tho Property to be aold nnd tho procoeds to be dlatrlbutod,all In the manner provided In the Nebraska Trust Deeds • `" i ,,»��.
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<br /> � (b) Exercisv any and all rights provlded to�In any of the Lonn Document9 or by law upon occurrencemf any Event of Detault;
<br /> end �
<br /> • (c) Commence an action to toreclose tnis Deed ot Trust as a mortgage,eppoint a roceiver,or speciflcally ontorco any of the jI�:+
<br /> covenants h�reof. !
<br /> No remody lioroln conferred upon o� reserved to Trustee or Lender Is Intended to bo exclusive ot any othor remedy herefn,In the , ��;
<br /> • Loan Dacumente or by law providod or pormftted,but esch shall be cumulative,shull be in edditton to evory other remedy given , ,,
<br /> �?�'�. � hereunder.In tho Loan Oocumonts or now or horeufter existinfl at law or In equity or by statute,ond may be exorcised concurrontly, ;�, .�,
<br /> Independently or succass►vely.
<br /> • �� , 13. TntatN.The Trustee may rosl{�n at any timo without cause,and Lendor may at any 4fma and wlthout cau3o appolnt e ��'• �. • �
<br /> succoasor or substltute Trustoe.Trustao sholl not bo Ilable to eny parry,Including without Ilmitatton Lende�.Borrower,Trus4or or eny �
<br /> purchnser o}tito Properly,tor any loss or damage unless duo to reckless or wlliful misconduct,and shull not bo requlred to take any :.
<br /> action in connoction with the enforcemen! ot this Dsed ot Trust untess indemnifiad, In writing,for oil costs, campensatton or
<br /> expenses whtch mey bo assoclatod therewith.In additfon,Trustc�e mny become a purchaser et any salo of tha Proporty(judtclal or
<br /> und�r tho powor af sate grantad horcin�;postpone tho eale of all or any portion of tho Property,as providad by law;or sell tho _
<br /> ° � Proparty es a whole,or in sepuratC�parcets or lots nt Trustoe's discretlon.
<br /> • ;:;��: 14. Fe�s and Exp��ies.�n the evont Trustee sells the Proporty by Axercise ol power of snlo,Trustee shall be ontftled to apply Y
<br /> ,,:p.``, ','::;,•',�: any sale procttotls first to paymont of all costs and axponses of oxorcising povrer of sale,includfng all Truslee's toas,and Lendor's =
<br />- � � " nnd T�ustoe's attomoy'e toes,actually Incurred to oxtQnt permitted by epplicnblo luw.In tho event Borrower or Trustor exorclses any
<br /> :��-��' right provlded by lew to curo an�vont ot Detnuti,Lvnder shall be ontltied to recovor lrom Trustor all costs and expenses actually
<br /> incurred us a rasult ot Trustor's da}ault, Includfng without Ilmitation nil Trustoe's and ottornoy's tees,to tha oxtant po�mittQd by
<br /> applicable iaw.
<br /> 15. Futun Advanct�. Upon roquest o} Borrowor,Lc�nder may, nt its option,makv udditional nnd tuturo advances nnd re- �
<br /> � c►slvanca9 to Borrowor.Such advunces an�i roadvancQS,wfth Intorost therctan,shnll bo sacurod by thls Doc�d of?rust.At no timo shall
<br /> the principal amountof tha Indebtedness socurad by thfs Daed ot Trus�not including sums ndvanced to protoct thosacurity o1 this ' =
<br />_-�. - --. _ nm,�.,�r.unf.mccnnd tho oriu�nal princ(pnl amount stntod horeln,or$ whichever fs greater. • •
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<br /> 16. M6acNlan�ou�ProviaJons. •
<br /> (a) BoROw�►Not R��a�cl.Extenalon o1 tho timo tor paymont or modificution ot omortizntion of the sums securad by this
<br /> t . � � Deod ot Tn�st grantod by Lendar to nny successor�n in4orost ol Borrownr shall not oporoto to rolease.fn t�ny mannor,tho Ilabllity
<br /> i � •� of tho orfgfnal Borrawor ond Bonowor's succossors tn intorost.Londer shall not ba roqufrod to commonca proceedings ngalnst •
<br /> suc1�suCCassor or retuse to extond timo tor Nayment or uthorwiso moHity omortftotion o1 tho sums soCUrod by this Oeed o}Trust
<br /> :, by rp3son ot nny domands mude by Cno originnl Barrowor and Borrowar's ouccasso►s in fnterest
<br /> � . (p� ��ttd�r'�Powon.�Yithout�tfocting tho Ilability ot nny othor puraon liuble�for tho paymont of nny obligation herein
<br /> mentlonod.and without oNOCting Iho Ilon or Gh3rgo of this O�d ot Trust upon any portion ot tho Proparty not than or thoretqtoro
<br /> rala�sad ns sacurity for tho lull nmount of all unpafd obligotions.Londor mAy,from timo to umo nnd without notico(i)roieaso nny
<br /> perso�so Iiabto.(If)oxtortd tho maturfty or oltor nny o1 tho torms ot ony such obligatlons,(lif)grnnt othor indulgoncos,(1v)rolcaso
<br /> ' � or roconvoy,or ctauso to Do rotoasod or roconvoyad ot nny timo ot Lendnr's opilon uny parco�.port�on or�II of Iho Proporty.
<br /> (vj tako or roloaso any othor or pdditlonal security tor nny obligation horoln montfonad, nr(vf) mnko carnpos�tion9 or othor
<br /> � prrongOPnUnts with debtore fn relation thuroto.
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