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<br /> •. 0. N�Rerdous Nl�terlalo.Yruotor ohall koap tho Proporty In complianco wlth nll applicablo lav�o,ordinnncosnnd re�ulatlons �kr�
<br /> rolating to Industtlel hygleno or e�nvironmentol protectlon (collectiv9ly relorrod tu heroln ae"Environmental Lawe").Trustor ohall • " �"
<br />• � keep the Property Iren from cfll subalance:+deemed to bo hezardouo or toxlc undor eny Envirqnmontel Lnv�s(coltactively raferrad to --_
<br /> horefn aB"Heaardoue Meterfale").Truutor hereby warrente and roprosonta to lender thut thora aro no Hazardaue NlnteriQle on o► � ' -
<br />' � under the Property.Truetor hareby egree�to Indemnlfy end hold hHrmtess londer,its directore,ofllcero,employaeaend asente,and � =
<br /> nny succossora to Londor'e Interesl,lrom nnd nflalnst any and nll alalm�,damnpes,losses and Ilabllitloa nrlslnp In conncatlon wlth „ ;•u-
<br /> , Ihe presence,use,dlepo3al or trenaport ot any htozardous Materiaie on,under,}rom o�about the Propery. 7H� FOR�t�O1P�G .� _-
<br /> � . • WARHANT+ES ANQ F7EPRESENTATIONS,AND TRUSTOR'S ODLI(3ATIONS PURSUANT TO THE FOREQOINti INDEMNITY,SFlALL __
<br /> ° SURVIV� RECONVEVANCH OF TH15[IEEO dF TRUSL � ���r
<br /> 10.Aa1Qam�nt oE H�nb.Truetor hereby esalgns to Lvnder the rents,Issueo and proiile of the Properry;prqvlded that Truator �`�
<br /> ' shall,untll the occurrence ol an Event of Detault hereunder,hpve the ripht to collect nnd roteln such rents,Issues nnd prollts ae thoy • �'�
<br /> " become duo and payabta.Upon the occurronce ot an Event of Delault,Lender may,efthor In person or by agent,with or wlthout . y,,�_
<br /> tsrinpinp sny actton or procesding,ar by a recelver appolr+ted by a court end without rogard to the adequacy ot Ils securit�+,enter � .��_
<br /> � upon and take pos8asafon o1 the Property,or eny parl thereof,in Its own nnmo or In tho numo of tho Tru�tco,nnd do nny act�uhlch it ,,.
<br /> deems necesstiry or deslrable to proserve the valua,markotablilty or rentabllity o}the Proporty,or any part thereof or interestthereln, .•,,�'�
<br /> Increase the Incorne theratrom or protoct the securlty hereol and,with Qr without taking possesslon o1 the Property,aua for or ��
<br /> o t herw ise co l lec t t he ren ts,lasuos en d p r o f i t s t h e r o o f,I n c t u d i n g t h o s e p a s t d u e a n d u n p a l d,a n d a p p l y t h e s a m e,t e s s a o s t a e n d
<br /> expensos oi operntlon end collectlon Including attorneys'fees,upon any Indebtedneys securod hereby,ali In such orderas Lender ' � '`�
<br /> may dotermino.The entarinfl upop and taklnp possesslon ot the Property,the collection of such ronta,Issues and profits end tho ' �r� �
<br /> „ applicatlon thereot ae etoresald,shell not cure or wnivo any detault or notice o1 default hereunder or fnvalldste eny act done In �
<br /> � response to auch default or pursuant to such notice of detault end,notwithstanding the continuance In possesston of the Properly or :� �;;'* ;y;
<br /> tna cafiaction,receipt and sppifcatlon ol rente,issues or proflts,and Trustca and Londor�hail b�ontided to exere3ss ovsry rlght :,.; �� ,,,,�
<br /> provtded tor in any of tho Loan Documents or by Iaw upan occurrence of any Evant of Detault,including without l(mitetion the rightto � ';,;..,r�.si�
<br /> exercise the powor of sete.Further,Lender's rights and remodios under thls paragraph shall be cumulative with,and In no way a :,.•.•,.,` , "f'�_:�.;::--
<br /> limitutlon on,Lender'o►Ights and remedles under any asolgnment of leasesend rAnts rvcorded agelnstthe Propertyr.Lendor,Trustee ;�.M��'-`—
<br /> end the reCelver ahall be Ifable to account only those rents actually received. ,; � ,;{,_
<br /> • 11. Evfnb ot Dstautt.The(ollawing shall constltute an Eveni of Default under this Deed of Truet ''•`��•- .
<br /> (a) Fallure to pay any Instsllment of principal or interest of any othor aum secured hereby when.due; . ' � _, --
<br /> , (b) A breach o1 or defeuit under any provision r,ontalned In the Note,this Deed of Trust,atiiy of the Loari Documents,or eny .:;sr%'�`r�
<br /> other Ifen or encumbranco upon the Proportv: `� =.c'"'�'�
<br /> (c) A writ of executlon or attachment or any almiler proceus shall be entered against Truator whlch shall bocome a Ilen on �, "'-'�;d=—=---
<br /> � the Property or any portlon thoreo}or Interest thereln; , ,•;
<br /> • (d) There shall be filed by or agelnst Trustor or Borrower an action under any present or(uturo federel, etata or other r r ���� ,
<br /> statute,law or reguletion retating to bankruptcy,insolvency o�other relief for debtora;or there shail be eppolnted any trustee, ,�!,; r-,�_
<br /> _ . __ ra�alyw�nr Ii��il�intnr ni Tni�Mr or Aonow�►or O}all O►8►1V p8tt O}th0 P�OpBfN.Ot th0�otlts,IS8ues of profits the�H01,Of T�uStOf ,i:�"'_t 'r�li��. -_ �
<br /> or Borrower ahall make any general a6slgnment for the benefit of creditors; ' �''"`- , �,
<br /> (e) The,eale,trens}er,loase,essfgnmont,Conveyance or further encumbrance of ell or any part of or any Interest In the �� •
<br /> • Prmperty,elther voluntarlly or Invoiunterfly, withaut the exp�ess written cottsent of Lender; provided that Trustor shell be �•_
<br /> „ � permitted td executa a lease of the Property that daos not contel�i an optlon to purchase and the term of whlch does not exceed �c. �;,'!�,�,.---
<br /> � one year,. ,ri�� - ., '".-_
<br /> (q Abandonment ot the Property;or _
<br /> (g) I}Trustor la not an Indivlduai,the lasuance,sale,transfer,asalgnment,canveyance or encumbrance olmorethan e total �":s•�; c�.;�
<br /> �+ q'��
<br /> o1.�.r percent of(it e corporatlon)its iasued and outetanding stock or(If a partnership)a total of percent of •� � ��
<br /> p8rtnership fnteresta d�lring the period this Deed of Trust remalna a Ilen on the Property. . ' ` �;:_
<br /> 12.R�nNdiN;Acc�Uon Upon D�fault.in the event of any Event af De}ault Lender may,without notice axCept as requlred by �„�.,�, _
<br /> , Inw,daclare all indebtedness secured heroby to be due and payabie and the same shall thereupon become due and pay8ble '�.•;� -�:•aa .
<br /> withqut any presentment,demand,protest or notice ot any kind.ThereARer Lender may: •��.; > .�r �
<br /> (aJ �emand that Trustee exerclse the POWER OF SALE granted hereln, and Trustee shall thereafter cause Trustor's � •'*y •
<br /> �� Intarest In the Proporty to be sold end the proceeds to be dlatrlbuted,all In the menner rovided In tho Nebrasko Trust Oeeds �"'
<br /> P . .,,.,'. �•`.�,`--
<br /> Act
<br /> (b) ExorcfseanyandellrlghtsprovidedforinenyottheLoanDocumentsorbylawuponoccurrencaotanyEventofDefault; ";:��� •- �u
<br /> and •
<br /> (c) Commence en action to foreclosa this Deed of Trust es a mortgage,appoint a recelver,or apecifically enforceany oi the , . � _
<br /> cavenanls hereo}. � �i�•� 1
<br /> .. No remedy herein conierred upon or�eserved to Trustee or Lender Is Intended to be exclusive of any other remedy herein,In the �.,
<br /> Loan Ob�umorn4s or by Iaw provided or petmltted,but each shall be cumulative,shall be in additian to every other remedy given
<br /> • ' hereunder,in tho Loan Documente or now or hereaiter existing at law oP in equity or by statute,and may be exe�ciscjd concurrentty, � �:I��I f
<br /> e sd
<br /> � Indepsndently or successively. `. �..'1►. ; f
<br /> 13.Tnttt�s.The Trust;.+e may rosign et eny time without cause, and Lender may at any timo end without cuuso appolnt a ;; 1�.
<br /> � successor or substitute Truatee.Trustee shall not be Ilabla to eny parry,including without Ilmitation Lender,Borrowor,Truator or any j�.. � „�'
<br /> � � purchaser otthe Property,tor any loss or damage unless due to reckless or williul misconduct,and shall not be requfred to take any
<br /> � aCtion in connectlon with the enforcem�nt of thle Deed of Trust unless Indemnified,in wrfting, lor aii costs,cornpansation or ���
<br /> expenses which may be a3socfoted therewith.In addition,Trusiee may become a purchaser at eny sele of tha Property Qudicfal or � �
<br /> under tho power af sale granted herein);postpone tho salo of all or any portion of the Property,as provlded by law;or sell the � ' ,�
<br /> � i F�roperty as a whole,or In separate parcels or lots at Trustee's discretion. -
<br /> ' 14. Feaa ettd Expense�.In the event Trustee selis thz Property by exerciso of pawor of sale,Trustoo shall be ontitlad tu npply , ' �
<br /> I emy sale proceeds flrst to payment of all costs and expenses of exercising power ot sale,Incl udlnfl nll Trustee's tees,end Lender's ! �t
<br /> and Tre�ateo's attorney's fees,ac4ually Incurrad to extent permltted by appllcable lew.In tho event Borrower ar�Trustor exerclsos eny
<br /> j rlght pro�ldod by law to curo an Evant of Default,Lender shall be ontltlad to recover irom Trustor al!costs end expenses actually , ;
<br /> fncurred as e result ot Trustor's defnul� including without Ilmitatlon all Trustee's and ettorney'e fees,to tl�e oxtont permltted by
<br /> appllcablo Iaw. '�
<br /> 15. Future Advanses.Upon rc►quest of Borrower,Lender may, at its option,malco addltional and(uture advancos and re- .- �,I
<br /> advnnces to Borrower.Such advancos and readvances,with Interest thereon,shall be secured by thls Oead ot Trusl At no time shall � „�
<br /> tt�e principml amount ot the fndob4ednoss securod by thls Deod ot Trust,not including sums edvanced to protect the security of 4hls
<br /> � n�..r r...e� e....���...i..i..a�...�....i..vi e.,,..��nr etutcr:hcrnfn nr Q whlr.hwvar is nraatar . �
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<br /> ' . � 16. Miac�llemou�Provl�tan�. �
<br /> (n) Borrower Not Retea�ed.Extonsfon of the tlme for paym�nt or modificatfon ot amortization oi the sums secured by thls r:
<br /> • Qaod oi 7rust prentea by Lender to eny successor in interest of Borrowor shall not operate to release,in any menner,the Ifabiliry �
<br /> of the o�lglnal Borrower end Borro�ver's successors In Interost.Lendor shall not be requfrad to commence proceedings against '''
<br /> suCh successor or retuse to extend tlme tor payment or othervvlse modlty amortization o1 the su ms sacured by this Doed ot Trust I
<br /> • by roason of any demands mado by tho ortglnnl Borrower end 8orrower's successors in interest , ,
<br /> (b) Lend�r'�Powen. Wlthout aitecting tho Ilabflity ot any othor person Il�ble for the paymont of any obligation herein ,
<br /> - monttoned,and without ettectfnfl the lien or cliarge of thls Deed of Trust upon any portfon of the Proparty not then or therotc�foro
<br /> ��; rctlonsttd�s security for the tull amount ot all unpald obligatfon3,Lender may,lrom tlmp to tlmeand wlthout noticQ�I)rQfeasa any
<br /> � pEtraon so liable,(if)extond the maturity or altor any oT the tQrm s oi any such obllgations,(ii i)grant other indulgences.(iv)rQlease
<br /> � or raco�vey,or cause to be releas�d or reconveyed at any time ot Lender's optfon any parce�,portion or all ot the ProFerty, '
<br /> , , � (v)tttku or rttlpase any other or additlonal securlry for any obltflatlon herein mentfoned. or(vi)meke compositfons or other �'
<br /> errangemonts with debtors In retation thereto. �
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