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<br /> In coR� Ilanco wlth nll appllcEblo lowe,ordln�ncaa nnd ropulatlone
<br /> B. Haardou*M�Hriele.Truetar ahnll koep tho Proporty P • =---
<br /> relatlnp to Induatrlal hypl�ne or onvironmental protocNon(aAllectivety ratarrod to hereln aa"�nvlronmenYal Law4"),Truota�ahell
<br /> 1 koop tho Proporty lroo frc�m all subotancoo deomod t�bo hazardoue or toxlo undar any Envlramm�ntel I.awa(C011oct{voty reterrod to
<br />" ; ' he�oln ns"Haxardoue Mor har'eb) er e srto ndemnlry and hold harmlesatLendernte dl ectorarofllcere,empl�oy es andtaaente,a d �-
<br /> � u n d e r t h e P r o p a r t y.T r u s t Y 9
<br /> any succc:.�or�ta Londcr'o Interest,lrom and agn ins t any e n d a l l c t a l m n,d a m a g o s,l o s e o s a n d I l e b il ltlos nrlaln p In connectlon wit �
<br /> � the pre NTIES AND R'EPRESENTATIONS,AND TRUSTUR'S BLItiATi0N8 PUHSUANT TO THE FOREC301NC�3 INDEMNIT1f,i�HAL�L • �
<br /> WARRA
<br /> . � " ,, SURVIVE RFCONVEYANCE OF THIS DEEO OF TRUST. - [��
<br /> 10. Attl�nm�nt ot R�nt�.Truator hereby aselgns ta Lendor the rent5,Iasu�s and proilts o1 the Properry;provtdnd that Trustor
<br /> shail,untU the nd ua abla�Uean tho oca�urrence of an[ve tpof DetauR�L nder may,olthe�rinn pa eon or by ngent with�oewfthout ' � i+��
<br /> become d�e a p Y P � �,;"�'
<br /> � b�'Inging any action or proceadlnQ,or by e recelver appolntad by a court and wlthout re¢ard to the adequacy of Ita security,ontar �
<br /> ' upon e�id tak ga os�se�sesl sbl to preserv�the velue,roarketebl Ity o�renWb Ury of the P operty�or any purt Ihereot or Int9 et t hereln �1
<br /> dAems nocea ry
<br /> Increaee the Income therofrom or protect tho eocuriry hereof and,with or wlthout taklnpg posseaelon oihe eamo,e s cost�end �:��,�
<br /> otherwl�e collect the rents,issuos and profits thereof, Inclutling those past due end un old,end apply , ,
<br /> exponses of aperation and colleotlon Including attorneys'teea,u pon en y indebtedness secured hereby,all in such ordor ae I.onder
<br /> may determine.The entoring upo�and taking poaaession ot the Rroperty,the coliectlon of such rents,IRSUee ersd profite and the t.�
<br /> appllcatton thereof es aforesald,shell not cure or walve any detault or notice ot dafault horounder or Invalldate eny act done in ��.
<br /> ' • responsetlon receept and DAlICB lotfl of rentBtllS8ue8 O�aProfita�and Trustee andtLenderlshali belentlotled to exer iae e ery rlAht , . �
<br /> • 4he ColleCt . ,�, "
<br /> provided for in any of the L.oan Documen ta or by l a w u p o n o c c u r r e n c e o f e n y E v e n t o f D ef ault,including without Ilmltetion the rigiN¢c,
<br /> exorcise the power of sale.Further,Lender's rv�hts and romodiea under this paragraph shall be cumuletive wlth,LB der T ustee ,. j'�
<br /> Ifmltatfon on,Lenders rights and remedles under any sssignment of Ieeses and rents recorded agatnst the Properly. A.,,
<br /> 8nd the reCetver shall be Ilabte to account oniy those rents actually reaefved. " �--
<br /> 1 t. Evenb o1 Detaull.The tollowing shall constitute an Event of Default under 4hla Oeed of Trus� �_
<br /> (a) Fatlure to pay any Installment of principal or intereat of eny other sum secured hereby when due; l�
<br /> (b) A breach of or default under eny provision contalned In the Note,this Oeed of Trust,any of the Loan Documents,or eny ��
<br /> � other lien or encumbrance upon the PropertY: �., •��. •,sac
<br /> (c) A writ of executlan or attachment or any similer process ahali be entered agalnst Trustor whlch shall become a Ilen on
<br /> the Property or any portion th�reof or Interest thereln;
<br /> (d) T
<br /> hero shall be flled by or agalnst Trustor or Borrower en action under ctny pre he e ahall be appointed anytruat er . r T���
<br /> statute,iaw or rogulatlon relating to bankruptcyi,insolvency or other rellef for debtore,o �
<br /> ---- receiver o�iiquidni�i:.t Trss:os or E!+!t^�!�!?r or of all or anY 9art of the Proporty,or the rents,lsaues or protlte thereof,or Truator � ����
<br /> or Borrower shall make any generel assl8nment for the benetlt oi creditora; �
<br /> (e) The,sale,tranofer,lease,assignment,conveyance or further ancumbrence of all or en rovided hat Tr storeshalltbe ;:i '. '
<br /> Proporty, elther voluntarlly or Involuntarlly, without the express written consent of Lender, p , �
<br /> permitted to execute a lease of the Property that doea not contatn en aptlon to purchase and tho term of which does not exceed r �
<br /> - one yea►; ' `. �
<br /> ' (q Abandonment of the Property;or �".
<br /> �,.:• ,
<br /> (g) It TruBtor Is not en Indivldual,tho Isauance,eale,transfer,asslgnment,conveyance or encumbrance of more than a totril r;,`.'s
<br /> o}.�_percent ot(If a corporation)its lasued and outstanding stock cr(ft a pertnershfp)p total of— percent ot ��;
<br /> •• p8rtnerahip Intarests dttring the period this Deed of Trust remalns a Iien on the Property � I'� •
<br /> .
<br /> 1 2. Rem e d t e s;A c e t l e r a p o n U p o n D�f a u l t.In the event ot any Event of D9fault Lender m&y,withoutnotice except as requiro y - '
<br /> law, declare all Indebtedness secured hereby to be due end payable and the same s ha l l t h e r e u p o n b e c o m e d u e a n d p a y a bi e � �f�
<br /> • wlthout eny presentment,deman d,pr o t e s t o r n o t i ce of an y kind.Thereafter Lender may: l•��., ,
<br /> (a) Demand that Trustoe exerclse the POWER OF SALE granted hereln, end Trustee ahal l t herea f ter cau a e T r u s t u r's I ;
<br /> interest In tho Proparty to be sold�nd the proceads to be dlatributed,all In the manner provlded in the Nebraska Trust Deeds ,`���_ _
<br /> • Acr •' '
<br /> (b� Exercise any and all rights provided for In eny of the Loan Documents or by law upon occurronce of eny Evont of Default; .
<br /> end � �y
<br /> (c) Commence an actlon to fareclose thls Deed of Trust as e mortgage,appolnt a receiver,or speciticelly enforce any ot the �.�,�
<br /> �• covenants hereof. r;"{�
<br /> No romedy hereln conterred upon or reserved to Trustee or Lendor is intended to be exclusive of any othor remedy hereln,in the 'M1
<br /> Loan Documents or by lew provided or permitted,but esch shell be cumuletive,shall be in additlon to every other remedy given
<br /> � hereunder,In the Lonn Documents or now or hereafter exisdng at la�v or In equity or by atatute,nnd may be exerclsed aoncurrontly, � ,�, ,:
<br /> ' Independently or successively. ` s
<br /> 13. Trustae.The Trustee may reslgn at any tlme wlthout causo,and Lender may at any time end wlthout cause appolnt e I�:'� _
<br /> successor or substitute Trustee.Trustee ehall not be Ilable to any perty,Includfng wNhout Ilmltation Lender,Borrower,Truator or any r;. �
<br /> purchaoer of tite Property,for any loss or d a m a g e u n l e s s d u e t o r o c k l e s s or wfllful mlaconduct,and shell not be requlred to tako eny
<br /> Qctlon In connection wlth the enforcvment of this Deed of T=uo ma I became a puerchaser at`any sele lof the Property Qudlcial or I �r
<br /> exponses which may be assoctated therewlth.In additlon,7rus e Y � ,
<br /> � under the powor of salo granted hereln); postpone the sale of ail or any portion o1 the Property,as provided by law;or sell the Y
<br /> � Property as a whole,or in aeparata parcels or lots at Yrustoe's discretlon. . -
<br /> 14. Fee�and Exp�nse�.In the event Trustee eoils the Property by exerclse ot power of sele,Trustee shall be entltiod to epp�y i ,�
<br /> any snle proceeds first to payment of ell coSts and expenses ot exorclsing power ot sale,Including all Trustoe's fees,end Lender's ', �
<br /> ' end Trustao's attorney's fees,actually Incurred to oxtont pennitted by applicttble law.In the evont Borrower or Trustor exercises eny I
<br /> ' rlght provided by law to cure an Event ot Deteult,Lender shall bo ontitlod to recover trom TrustOr all costa end expens�a actually
<br /> fncurred es a resuit oi 7rustor's doftaulL InC�uding without Ilmitatlon all Trustee's and attorney's tees,to the extent permitted by
<br /> • eppllcable Iaw.
<br /> 15. Future Advances.Upon request of Borrowor, Londer may,at fts opti�n,make additional and future advances and re-
<br /> advances to'Q�ount ofsthehndebtedness secu�red by thls Deed of Trust�,n�tnj�chalilne e umo advAncfed to prot ct the security of this . ;
<br /> the principe g0�0��•��_.whichever is greater. '� '
<br />--- - -. - _ . .� ._. __.___.,...,....�,.�..oi�.��r.inni amount etatod herein,or$
<br /> ,,_�_ ___ -__ _ ,_ _
<br /> UBeO OI 1 ru04 an�.wu...v....e..._.�.. .. -- ,
<br /> 16. Ml�c�tianaou�Provl�lom.
<br /> � (a) Borrower Not Reteased.Extonelon ot the timo for payment or modlflcation oi emortlzation of tho sums secured by this
<br /> t Dood of Trust pranted by Londer to any ouccessor In Interost ot Borrow9r sheil not operete to roleaso,In eny manner,tha Ilablllty
<br /> � of the origlnal Borrower and l3orrower's successora In Intorost.Lendar shell not be required to commenco proceedings agatnst
<br /> � such ouccossor or rofuse to oxtend timo for paymont or otherwiso modfiy nmortlzation ot the sums secured by this Dood ot Trust
<br /> i� by reason o1 any demends mude by the orlfllnei Dorrowor and 13orrower's successors In Intorost.
<br /> (b) Londer'�Pow�n.Without eitacting tho Ilebflity of eny other person Ilable tor the payment of any obliflatfon hervtn
<br />: � mantloned,and without aHecting the Ilon or chargo of thla Oead ot Trust upon eny portion ot tho Property not then or theretotore
<br /> released as securiry for the full amount ot all unpald obllgations,Lt�ndor may,from time to timo and without notice(i)releuse eny
<br /> " � person so Ilable.(II)extend the maturity or nitor ony ot tho torms o1 ony such obllgetiona,(Ili)8rant other indulgonces.(Iv)release —
<br /> � � or reconvey,or causo to be roloasod or roconveyod et any time at Lendc�r's optlon any parcel,portlon or ell of the Pro�orty,
<br /> � � (v)toke or rolea8o eny other or additional soCUrfty for any oblig�atlon herofn montfoned,or(vl) rnake compositfon�or othor
<br /> erranflomente wtth debtora In rolatlon theroto.
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