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<br /> � 1 9. H�:ardoue Matadal�.Trustor s��nll keop tha Froperry in complienco with ull upplic�ibte laws,ord►nancss snd re9ula�lons
<br />_. " ,� ralating to Industrfal hygleno or envlrunmer�Yal protactlon(coltoctivoly retarrad to hereln ae"Envlronmental Lawa").Truetor ehnll ,,_,
<br /> „ keep tho PropoRy Ireo(rom all aubstancoa;loomod to bo hazardoue or toxlc under Any Environment�l I..t►+ve(catleCtivoty roterred tm . .
<br /> hereln n�"Hazerdoua Matenals"►.Truator heraby warrant3 and ropresente to Lendar thet thora nre no Hezard6ue MateNato on or ..�v_.
<br /> "_._ under tha F'ropnrty.Trustor horeby nproas to Indemnify and hotd harmloss Lender,Ite dlrectore,oflicere,emptoyeea and npait�,and • • . - v
<br /> ` eny auccaesore to Londer's intareaL tror��nn��gnln�t nny and all clelms,dnmages,lossos en�9 Iledllftten erising In connoctlon wlth
<br /> the presence,use,disposal or tranaport o1 nny Hazerdoue Materlals on, under,(rom or eboul the Property.TN� FOFiE001NG .;.
<br /> YVARRANTIES AND REPRESENTATIONS,141�lD TRUSTOR'S OBLIOATIONS PURSUANT TO THE FOREf301Nt�INDEMNITY,SHAII . �'°���
<br /> � SUNVIVE RECONVEYANCE QF THIS DEE(]OF TRUST. ' --�-
<br /> �f 10. Atslgnm�nt o1 R�nb.7rustor izereby usslpns to Lender the renta.Issues and profits o1 the Property;pr�vlded 1ha1 truator , y
<br /> � st�all,untll tho occurrence o1 on Event of Dofault horeund3r,have tha right to colluct and ratafrt such ronto,�snue�and pro}1te as they
<br /> ` becoma due en�paynblo.Upon the accurrence oi en Evont of Dotault,Lendar mny,elthar in parson or by apent,vrith ur wtthout �,
<br /> bringing any actlon or proceedlnr�,or by e receiver appolnted by n caurt nnd wlthout reyard to tho Adoquacy o1 Its securiry,entet _
<br /> upon and take posaesslon o1 ttie Property,or any pAR thereot.In Its own name ar In the namv ot tha 1'ruatae,end do gny acis whlch iti , ,�__
<br /> deems nocessary or deslreble to preservo the velue,marketabllity or�entabillry otthe Property,or any part tharao}or intores9thereln, _
<br /> increase the Inaame thoretrom or protoct the security horeof and,with or without taking possessfon of tha Property,sue tor or �;=�--
<br /> �.-....
<br /> otherw:se coll�ct the rents,issues end proflts thereof,includi�g th�so paet due and unpald,ond o�pl�r the samo,less costa end
<br /> dxpenses o}operation and coilectlon including attorneys'fees,upon any indebtedness secured hereby,all In such order ss Lender . "r�
<br /> may dotermine.The entering upon und takfng posse�slon ot the Property,the collectfon ot auch rente,Issues end proflts and lhe f��'�
<br /> eppiication thereo}as aforesafd,shall not cure or waivo any detault or notice o}deteult hereunder or fnvulidate any act done in i �
<br /> � r�eponss to such dete�it nr pursuent to such notice of detauit end,notwithstanding the continuenco In possession ot the P�operty or
<br /> the collection,recefpt and aRplicetion of rents,issues or profits,and Trustee and Lendar uhall 6e entitied to exercise every rig��t -
<br /> proti�flediorfnanyo}thaLoanDocumentsorbylawuponoccurrenceofanyCventofDefautt,includfngwithoutlimttationtharightto , __T_--
<br /> axercisc+the power of sale.Further,Lender's rights and remedles under this paragraph shall be cttmulative with,end in no way a �
<br /> Iimitatlanun,Lenders►ightsandremediesunderanyassignmentofleasosandrentsrecor�edac�ainstthePro(x�rty.l.onder,Trustee � �
<br /> and the�eceiver shall be liable to account onty those rents actuslly�eceived. •• . -
<br /> 11. Ev�n4s ot Dtfaull.The following shali constitute an Event of Default undel this Deed of Trust ,,-.-�,
<br /> (a) Faiture to pay any installment o1 principal or interest of any other sum secur2d hereby when due; „ -�„
<br /> - (b) A brRact�oi or defeuit underany provision conteined fn the Note,this Dee�of Trust,any of the Loan OoCUments,o►any „ T�
<br /> I other Iisn or encumbrance upon the PropertV: � �
<br /> (c) A writ ot execution or attechment or any similar process shall be entered against Trustor which shail become e lten on ;�_�-
<br /> the Properiy or any portion thoreof or interest therein; ,�"'?—°
<br /> i (d) There sNall be filed by o�egainet Trustor or Borrowsr an action urtder any present or future tederal,state or other ��_'
<br /> J statute,lew or reguletlon roiatinp to bankruptcy,insolvency or other relief for debtors;or there ehell be appointed any trustea,
<br /> ...u........�.. �eo..ne n.n�ntien fhPranf nrTI1lsUDr
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<br /> receiver or Iiquidator ot Trustor or dorrower or oi aii or any pnr�u�u�o r����.r,..� .��o..,.....,..�...r-�•r•-••-----•--�•- - _ —
<br /> or Borrower shatl make any general assignment for the benefit ot creditors: •
<br /> �• (o) The,sele,transter,lease,asslgnment,conveyance or further encumbrance of all or any poA of o�any interest in the •�1"'.��
<br /> Property, either voluntarily or involunterily, without the express written consent of Lender, pra�ided that Trustor shall be ;y
<br /> „ permitted to execute a lease ot the Rroperty that does not contatn an option to purchase and the term ot which does not exce�d , t.
<br /> one year, � �c
<br /> � (� Abandonment o}th3 Property:or �:{±�r
<br /> (g) It Trustor is not an Indfvidual,the issuance,sale,transfer,assignmont,conveyence or encumbrance ot mora 4�an a total (`
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<br /> oi.�l..fQM1G�lercent oi!1�a corporatlon)its Issued end outstanding stock or(it a partncrrship)a total of percent ot -.•1�,,
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<br /> p8rtnershfp Interesta du�i�g the perlod thts Deod of Trust remains a lien on the Property. „•. �.i
<br /> . 12. R�mKlln;Acc�teraUon 31pon DefaulG In the oventoi any Event of Default Londer may,�vithout notice axceptas roquired by �, ,
<br /> �;� law,declara all Indebtodness secured hereby to be due and payable and the seme shall thereupan become due and payabte ;�
<br /> wlthout any presentment,domand,protest or notice ot any kind.Thereafter Lender may: .�
<br /> (aj Demand thnt Trustea exercise the POWER QF SALE granted hereln, end Trustee shall thoreaiter cause Trustor's
<br /> � Interest In the Property to be sotd and the proceeds to be distributod,all in tho manner provided in 4he Nebraska Trust Deed9 `r�;�_.��
<br /> , AC� ' �`a�
<br /> , , (b) ExorW+se any and alI rights provided tor in any cf the Loan Documents or by law upon occurronco of any Event of Defaulk
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<br /> (c) Commence an ection 1�Qoraclose thls Deed of 7rust as a mortgage,eppof nt a recefver,or speciflcally enforco eny of the ,
<br /> � covenanb hereof. �"��
<br /> No remedy hero�n conferred upon or reserveJ 2o Trustee or Lender is intended to be exclusive of any other remedy herein,in t`:P �±
<br /> • Loan Dacuments ar by Inw providod or permittod,but each shall be cumufativo,shall be in eddi[ion to every other remedy glv�n ,
<br /> horeunder,!n the Luan Documents or now or hereafter existing at Iaw or In equity or by statute,and may bo oxercised cunturrently, �� �
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<br /> • independently or successlvety. '�,::: :'
<br /> 13.Trut2�a.The Trustee mey resign at eny time without cause, and Lender may at any time and without cause appoint e . � r• :
<br /> � successar or substitute Trusteo.Trustee shall not bo Ilabte to any party,including�vlthaut limitation Londer,Borrower,Trustor or any '
<br /> purcha6er of tlt:�Property,tor any loss or dameg�unless due to reckles9 or willful misconducL and shall not be�equired to take any � „
<br /> actfon In connac'tion with the aMorcoment o4 this Deed of Trust unless indemnifisd, in writing, tor all costs,compenspNon or
<br /> oxpenses whlch may be associated therewith.In addltion.Trustee may becom�a purchasor at any sale of tho Property Qudiciul or ,
<br /> „ under the power of salo granted hQreln); postpone the sa�.^.of all or any portion ot the Property,os provlded by law;or sell the
<br /> Properry as a whole,or in soparete parcets or lots at Trust�a's discrerion.
<br /> 14. Fa�s and C•xp�n�as.�n tho event Trustee selts the Property by exercise of power of sale,Trustee shall bo ontitlod to apply
<br /> eny salo proceo�'s(irst to puyment o}all costa and expenses of oxercisinc�powor of salo,Includfng all 7rusteo's feos,and Lendei s
<br /> nnd Trustee's attornay's foes,actually incurred to extent pormitted by aF�:,cable law.ln the event Borrower or Trustor axarcises nny
<br /> right provided by law to cure an Event ot Oetault.Lender shall be eni:tled to recover trom Trustor all costs end oxponsos actu811y
<br /> InCUrred as a result o1 Trustor's default includ�ng wi4hout Ilmitat:on alI Trustee's and attorney's'ees, to 4he extent permitted by
<br /> „ aAPllcable law.
<br /> 15. Futun Advanc�s.Upon request of Borrower, Lendor may,at its option.mako add�tional�nd luture ndvances end re• , .
<br /> advances ro Bonower.Such ndvances end readvancas.�vith intorest thereon,shall be securc�d by this Doed ot Trust At no bmo shall _
<br /> the princlpal umount of Me indebtedneas securod by this Qeed of Trust not fncludinq�sumg advanced to proteCt the st3CUn4y ot this
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<br /> Deed of Trust exceaC tno ongtnat prmcipai emouni s�cea ne�e���,w a -- -- ••^�••�•°• -'•��"�°•• _-
<br /> .. t6. MtscN�ineous Provtslorts.
<br /> (a) [iottoater Not Rat*is�d.Extension of the timo tor payment or mod�t�cation of umortization ot thp sums securod by this
<br /> • ' Qeed oi Trust granted by Lender to any successor in fntorest ol8orrower shall not operate to reteasv.�n nny manner,tho I�bb�t�ry
<br /> ' ot tho u►iglnal BoROwer and Bortowor's successors tn Intorost.Lcrndor shall not be requfred to Commenco proeeed�ngs ac�a�n5t
<br /> ; such successor or refuso to exiend timo tor payment or othonviso mod�ty amort�zaUOn of the sums sc3cured by thls Deed of Trust
<br /> � � by re35on o1 any demands made by th�origfnal B�rrowor und Borrowor's succossors�n mterest
<br /> (b) I.�ndK'�Powe�.Without 3ifecting tho linb�liry af nny oihar poMOn I�uble lor the paymant o1 any obl�gn0on horam
<br /> • rt�ontiancd.and without attccting ths lion or chargo ot this Oeod o1 Trust upon any partion of tha PropcRy not thon or theretota�e
<br /> released ns SoCUnty tor tho full nmount of all unpaid oblic�abons,Lender mity,trom time t�t�me and wdhout noftco p)release any
<br /> � porson su liabto,(��)oxtond tho matunty or altor nny ot the terms of any such obl�gal�ons,{��Q grant other mdulgences.(�v)re�easo
<br /> et rctconvey.or ct►u5o to bo rel�ased Or reCOnvayed at nny t�mo at Le�der's option uny parcol.port�on or nll 01 the Propariy,
<br /> �; (v)Lzke or releaso any otner o! add�tior.31 secunty �or any obhgation herofn m�nUOn�,nr �v�1 mako compos�tions or pti�er
<br /> � annrtgamentv�vith debiors�n relation therQto.
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