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<br /> 0. ��oeardaua F�9s��.t.i�.Yruator�h�ll tcc�p tho Prop�rty in compllpnco��Iti�oll nppltcnbl�In��o,ordlnnncc�nnc9 rcpul�fiono �, .°
<br /> ' ralat�nfl to Induotrlul hypiano or onvironmontnl protectlon(collect(vely ratorrod to haroln ue"Hnvironmontal Lawe").7�a�eror ehall _
<br /> � ' keop the Property freo from all eubstances desmed to be hazardous or toxlc under eny Envlronmontel Wwe(coltectively roierred to ,
<br />� Ixeroin as"Hazsrdoue Meterit�la").Trustor hereby werrante and repre3ents t4 Lendor thv4 there are nu Nezardoue Materlflls an or , •. -
<br /> under the Property.7ru�tan c��teby agraas to Indamnity and h�ld hnrmloss Lendor,lte direators,ofilcare,omptoyeas and e�ante,and � _
<br /> -• � any duccesaore to L9nder'e Interest tram e�nd agalnat any and ell clalms,damayea,lossea end Ilabllittea arlaln0 In connectlon wlfh 7 „I ,.- U,�. .
<br /> tho prosence, uso,dlnposal or transport of eny Huzerdous Mnteria4s on, under,irom or a6out tha Property.7HE FOFIE(�OINt3 � .
<br />� WANi�AN I IES AND REPHESEN�AZIQNS,AND TRUS76P'S OBUGA?IONS PURSUANT TO TH�FORE(iOINQ INI�EMNITV,SHALI. , � �_=
<br /> � SUIiVIVE RECONVEYANCE OF TNI5 DEED OF TRUST. '`.. :} -'l
<br /> P �Y� �,. .��;r�� —
<br /> ' 10. Aut�nmant of itmt�.Trustor hereby es$igns to Lender the rente,issues and protits of the Pro a provlded thet Truator ,
<br /> � shpll,untll tha accurrenceo4 en Event o1 Deiault hereunder,hnve th�right to colloct end retafn such rents,Isaues end pro}its as they .. ,,. __
<br /> " ° t�acome due end payabla.Upon the occurrence o1 an Event of Deinult,Lenddr may,elther In pereon or by epe�t,with ar without :. ry _ ,_,
<br /> � bringing ar�y ectlon or procaedln�,or by a recetver appolntad by e court and v�fthout regord to the adoquacy o!Ite securlty,ent�r ,{r• �..
<br /> „ upon end take poosesslon of the Property,or any�art thoreol,In Its own name or In tho name o}the Trustee,and do any acte whtCh it . _
<br /> ' de8ms necea:.ary or dn�ireble to preserve thevaluo,markotabiliry ar rentnbility of the Properry,or any paR thereof ar Intereailherefn, • ° ``�,�:.
<br />.' increase the income thoretrom or protoct the aecurity hereof and,with or without taking pos�esslon oi thn Properry,sua far or ,�,,, ,, --
<br /> o t h e r w i s e c o l l o c t t h e r e n t e,l a s u o s a n d p r a H t s t h ereof,Includin g those past due and unpnld,and epply the eame,less costs end �::�L*�3���-��,�r�__
<br /> expn�ses ot operotion and collectlon including attorneys'tees,upon any Indebtedness secured hereby,a l l in euc h or der ae Len der ; •..t{��;,;;;;c�;;
<br /> mey detormine.The entetlng upo�and taking po3sesslon of the Property,the collection oi such rents,issuos and profits and the ;. � ,.. ;,,,....�:�
<br /> ' epplicatlon thereof na atoreseld,ahail not cure or waive eny default or notice of default hereunder or Invalidnte eny act dono in � r #'
<br /> �esponse to suc h de i s u l t o r p u r o u a M t o s u c h n o t i c e o 1 d e f a u l t a n d,n o t w i t h s t a n d i n g t h e c ontinuence in possesslon of tho Properry or r��:,�;_�.�rs;�;.
<br /> :.__.
<br /> the colloadon,recelpt and apDlicatlon of rents,issues or profits,and Truatee and Lc�nder ehall be entitled to exercise�vary dpht .� �F�
<br /> provsdr.sltorinanyofthsLosnDocu�nntsorbylawuponoccurrencootanyEventof�efauit,includingwithoutlimitatiantherightto .:�_-__�_:_
<br />- exorcfse the power ot sale.FurtF�er,Lender's rights end remedfes under thls paragraph shall be cumulative with,snd in no way a ��;�._mm_�
<br /> limitatlon on,Londer's righte and romedles under eny a3slgnmpnt of leases and rents recorde�agalnst tha Property.LAnder,Trustee ___
<br /> and the recelver shell be Ila�ta to nccaunt only those rents actua8y received. '�'s:.::`�'
<br /> ` 1 t. Evont��f OthufL The following ehali consdtute an Event of Default undor thls Deed of Trust ; T•__x�,'ar�ai�
<br /> ' ' " (a) Fallure to pay eny Inatallment of principal or interest o1 any other sum aocurad hereby when due; _-
<br /> (b) A breach of or de4ewit under eny pr�vision contafned in the Note,this DQed of Trust,eny of the Laan Documanta,orany ��';r;;J�- .�
<br /> .t=7��,�
<br /> � other Ilen or encumbrance upon the ProportY; __
<br /> (c) A writ of execution or ettachment or any simllar procoss shail be entered sgainst Truator whloh shail become a Iten on _.__
<br /> Qho P�operty or any portton thereof or intorest thereln; .:" ���*�M--�
<br /> (d) There shall bo filed by or egainst Trustor or Borrower an actlon under any present or tuture federel,stete or other { . -
<br /> � •• " statute,law or regulatlon relating to bankruptcy,insolvency or othsr reltef for debtors;or there shall be appointed any trustee, �
<br /> �ecetver or Iiquldator of Yrustor or Borrower ar of all or ony part of the Property,or the rants,lasuos or profita thoreot,or Trunto� •�
<br /> _ _ _ or Borrower shell meke any generel asslgnment for the benutit of creditora; , ,._r� <<•s
<br /> (e) The,sale,transfer,Ieaeo.asstgnment,conveyanca or turtner eneumbrance oi aii oi n�iy pari:.i cr a�y�:2�::S 4r.l.he �
<br /> Property, eithor voluntarliy or Involuntarlly, without the express writlan consent of Lender, provided that Tvustor shali �xo '.,y �'; '
<br /> permitted to ex�cute n leaso ol tha Property that does not conffiin en option to purchase end tha term of which doe9 notexceec7 `
<br /> one year, ' , -
<br /> (� Abandonment of the Proparty; or
<br /> ' (g) If Trustor is not en individual,the Issuance,sale,transfer,assfgnment,conveyance or 9ncumbrance of more than a total .,. ,
<br /> _ �j� ,,;;,•
<br /> otr----..percent ot(If a corporation)its issued and outstanding stock or(if a pe�tnerahip)e totel of��percont of ��•
<br /> p6rtnership Interosts d�f�ing the period thts Deed oi Trust remalns a Ilen on tha Property. '�
<br /> " 12. R�+n�dlM;Acc�itrellon Upon D�tault.in tho event of any Event of Default Lender may,without notice except as required by ,. �, � ,�,',
<br /> law.declare all Indebtedness secured heraby to be due and payable and the eame shall thereupon become due end payable �.:�� , .
<br /> �� without any presentment domand,protest or notice of any kind.7hereafter Lender may. " '�
<br /> ;e� Demend thut T►usteo exorcise the POWER OF SALE granted hereln, and Trustee ahafl thereafter c�use Trustor'3 ' �' '
<br /> interest In tho Property to be sold end the procaeda to bo distributed,ali In the manner provldod In the Nebraska Trust Deeds ;*, '�'
<br /> . �_ ,
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<br /> � (b) Exercise sny end a!I rights provided tor in any of the Loan Documonts or by law upon occurrence of any Event of Default; �- 7.. -- � �
<br /> ��.�% .
<br /> end �
<br /> • (c) Commence an actton to toreclose this Deed of Trust as e mortgago,appoint a r�ceiver,or specifically en��rce any of tho i . _
<br /> " covenants hereoi. "`'�� `
<br /> No remedy hereln Conferred upon or reserved to Trustee or Lender is Intended to be exclusive of any other remedy hereln,In Me • ' '•�;,5��
<br /> - Loan Dxuments or by luw provided or permitted,but each nhall be cumulative,shall bo in addition to every other remedy gfven . ����,'.-.
<br /> • hareunder,In the Loa�Documente or now or he�eafter existing ot law or in equity or by statute,and may be exerclsed conCUrrently, . '��•�••-"
<br />_ .. Independentty or successivety. }
<br /> .. ��.��
<br /> 13.Tru�tN.The Trustee rnay rosign at any time without causo,ond Lendor mey et eny timo and without cause cppotnt a •Y.,_ . •�,� .
<br /> � ouccossor or eubstltute Tru�tee.Trustee shell not be Ilable to any part��,including without Ilmitation Lender,Borrower.Trustor or any � �i��.
<br /> purCheser of tlte Properry,forany loss or damage unless due to reckless or wlliful misconduct,and shntl not be rc►quired to take eny ,,,�
<br /> aation In connectton with the enlo►cemont of this Deod of Trust unless indemnified, in writing, for all costs,compensatlon or .. �',
<br /> expenses which may be associated thorewith.In additipn,Trustea may become e purchaser et any sale of tho Property�udicfal or , .
<br /> und�r the power of satu grnnted herefn);postpone the sAle of nll o►eny portion of the Property,as provfded by law;or soli the ., , �
<br /> � Propariy es e wholo,or in sopa►ato parcols or lots at 7rus4ec�'s dlscretlor�. � � �
<br /> � ' �q, F�a��nd Exptna�s.In tha event Truste4 sells the Property by exerctsa ot power o1 sele,Trustae shall Be 0ntitiod to eppty I �
<br /> eny aals proceed9 tirst to payment oi ell costs end expen3es oi oxorcising power ot saie,including all Trustee's feos.and Lender'e �
<br /> • end Trustea's BttOrney'818es,nctualiy incurred to oxtent pormittod by applicablo law.ln the ovent Borrower or Trustor oxorcwes any I
<br /> , right provided by law to curo an Evont o}DofaulL Lander shell be entitled to recover from Trustor all costs and oxponses actually
<br /> � In�urrod es e result of Truator's defnult, includinfl viithout Ilmitation all TrustQe'a nnd ottorney's teos.to tho extent permitted by �
<br /> ppplicablo law. '
<br /> t5. F�turo Adna�cu. Upon requost ot Borrowor,LQndar may,nt its op4lon,make additional nnd(uturo t►dvances end re- ; ; � .
<br /> ndvancos to Borrower.Such ndvancos nnd retadvnnce�,with intorest thQreon,shall bo securod by this Deed of Trust At no timo shall �
<br /> • thQ princfpsl nmount ot the Indabteeinoas�ocurud by this Deod ot Trust not including flums advanced to protect tho socurfy�t th?s � ��
<br /> �r Deod at Tru�L oxcattd the odpinal pdnclpal nmount stnted horeln,or 5.._.��.e���}—_Whichever fs greater. ..
<br /> --- __._ U_ ts. Nlac�fan�ou*Provhiom. ' '
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<br /> � (a) BO�fOWH N0����t�.Extonsion o1 the timo tor paymem or moamcanon o,amu«��a��o����.�.o�..��.o w...�.a....�...«. --_
<br /> f , Daed of Trustprnnted by Lander to nny succttssor In fntorest of Bvrrowtar shnll notoporate to retease,in nny mannor,the liabftiry ,
<br /> [ of tho ortginal F3orrowor und Bvrrowor'e successore►n int�rost.Lentler shnll not b�roqutred to commonco proceodings agafnst �
<br /> �.„ suCh succe.sor or rotvso to oxtflnd timo(�r poymant Qr othorwlso modity omortizalton o1 tho sums securod by this Qeod o1 Trust
<br /> �� by reason o1 any domands mada by t4�o o►fginul Borroxar ond Borrowor's sucCeSSOrs in fnterosL ,
<br /> 9. (b) L�ndK'� PawQn. W�thout otiocting tho liabllity o1 ony othpr person liabla tor Iho payment ot any obligation herein
<br /> mttnilonod,nnd without nifacting iho Ilan or charpo�1 this Daed o1 Trust upon uny portion ut tho Proporry notlhen or theretotoro
<br /> r(sleIISCd n�seCUriry tor tho iull umount of all u�pnld oaltqatlon9.Londor may,from timo to timo ond without notic�p)releaso ony
<br /> porson so Ilpblo.(II}oxtand tho mntunry or nitor nny of tho torms of nny such obligation9.(ifi)grnnl other fndulgoncos,(iv)ral�aso
<br /> � or reconvey,or eauso to bo reteased or raconvoyed at any t�mo al Landnr's optian any parcol,portion or nll ol tho Praporty
<br /> (v)tuko or raleuso nny othor or addition�l¢cCUnty for any obtipation hareln mUntlonetd.or(vi)mnko compositions or otfior
<br /> ' �rrnng�mon�s with debtor�in rolatlon lheroto.
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