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<br /> D. H@Rf1P$61ts M�tarlata.T�u�tor ohc�ll koep lhe Prcparty�n compflance wlih all oppalceblo Ipw+o,urdlnuncc�and repulnflona _ _.�..
<br /> `�� ' . , reteting to Inouetrl�al hyglene ar envlranmontal prqteation�callectively roterred to haroln ae"�mironmontal Lawe"j.Truetor ehall
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<br /> keep the F'roperty frea from all eubatenCee deamed to ba hazardoue or toxlc under any G•nvironrnontal Larvs(aollectiveiy rdferrad to � 3.y��i�:
<br /> hereln ae"Hazardoue Materlats").Truetov herepy werrante t�nd repre5anto io Lendor that Ifiero are no Hezardou�Materlat�on or `.'-.��
<br />_-- � undsr thm Properry.Tru�tor hereby aprees to Indemnity end hold hamsteae Lendcsr,Ite dlrecrore,�ilicere,Amployooa nnd agente,end y.- �L,_,__
<br />� �� any succeaaore to Lendor's Intereet,9rom end egelnet any end all clalrr�e,damapea,loeses end IlabtllGea erlalnp THE FOREAn NQ ��� "��"``�•�
<br /> 'y � the preaence, uae,dleposal u�•trana�oet ot ans�Hnr.Ardnu�Meteriels on, undor,lrom or nbaul the Property. , ., ..
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<br />,+ � WARFiANTIE3 AND REPFiESENTATIONS,AND TRUSTaR'&OBLI�ATIONB PURSUANT TOTH EFORECiO�N�IlVDEMNIYY, HAI.L `��_��_—
<br /> ' SURVIVE RECONVEYANCE OF THIS D�ED OF TRUST. •. .��ss�-
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<br /> • 10. Asel�nmenl oQ R�nt�.Trustor hereby ee�lgns to�ander fhe ronte,IseuAS and protite o?Iha Property;provided tha4 Trust¢fr �.-_--
<br /> ehell,ur+til the occurronce ot en Event of Deteult hereundaP,heva the right to colloct and ralaln such rents,lesuea end protite es they ��Y.:�,,,;
<br /> �.=�=4�':"-'°°_�°.
<br /> � become duo end payable.Upon the occurrence o}an Evont of Detaul.,�ond�r mey,olther In persan ar by agent,wfth or wlthout `,� . ,j,�: �;;_. i
<br /> bringinp eny aatlon or proceAdinp,or by a recelver eppolnt�d by e court end without re9ard tothe adequacy a11ts aecuriry,eMer y;�,;�
<br /> upon and tuka passeaston ol the PropeRy,ar any part tharaof,In Ite own nnme o►In the ne�ne o}the Trustee,and do any acte whlch It „.`;�.�=,,y�^.�-
<br />" ; d�ema necessary or desirable to preserve the value,marketebltlty or rentnbilily�1 tiie Properry,orany part lhcrool or interest iherein, *,,,,� _ —
<br /> Increase ttio fnaame theretrom or protect the securfty hereol end,wlth or wfthout taking possesslon of the Property�aue(or or ��� -
<br /> athorwlse collect the ren�9,isauos an d pro f i t 8 t h e r e o f,I n c l u d i n g t h o s o p a s t due and ure peld, and epply the same,less coste end __,,��._�--
<br /> expenses of operatlon and collecUon Including ettomeys'fees,upon any indebtedness secura�l hereby,all In auch order ea Lender . ,-_.����ti:=
<br /> mAy determina.The entering upon and taking passesslon of the Properry,tho colleatlon ot such rents,issues and protits and the a ,ncq�_ y=
<br /> '�.�'��SV:�:�;"�--�'-,
<br /> + ° a p p l�c a t l o n t h e r e o f a s a t o r e a a l d,shall not cure or waive e�y detaull or notice of detau[t heraunder or invalldate eny act done In -L,--- _ _
<br /> „ response to such default or pursuant to�uch noticc�of default and,notwiths�n d ing t he cmn t lnus n c e I n p o s s e s s t o n o t t h e P ro p e r l y o r �;T_LL__L.u�—
<br /> tho collsCdon,recelpt en[i c�Ap��catton of rente,lesues or proflte,and Trustoe and Lender ehsll be entitled to exerClse overy right �:_,-°-���
<br /> . � providedtorinanyoftheLoanDocumenteorbylawuponoccurrenceofunyEvonto4De9ault,lncludtngv,rfthautlimltcilontherlghtto _ -
<br /> i exerclse the power of aele.Further.Lender's rights end remedfes under this parag�aph shall be cumulative with,and in no way a �'?°�1'---a...•�
<br /> ' Iimltatlonon,LondersrightsandromediesunderanyessignmentofteasesandrentarecordadagainsttheProperty.Lender,Trustee .�_-��
<br /> and the recelver ehall be liable to account only those rents actually received. �._,:b-'�,,,;�.._°�
<br /> ° � 11. EvMta ot Del�ult.The tollowing ehall constitute an Event o1 Oefault under thls Oee� ol Trust _---
<br /> (e) Fallure to pay arsy installment ot principal o�Interest of any other sum secured F�ereby when due; „�,�;,L_
<br /> (b) A breach of or default under any provislon contained fn the Note,this Deed of Trust,sny of the Loan Documenta,orany �::.;,:.;?-'____
<br /> other Ilen or encumbrance upon the PropertY; �•-;�a�=--
<br /> (o) A writ of execution or attechment or any elmilar process shall be enterod agalnet Trustor which shali bocome a Iten an �,�•.--
<br /> the Property or any portlon thereof or Interest therein; ��`'-` --
<br /> ,_s�.:�.�
<br /> (d) There shell be filed by or agafnst Truator or Borrower an action under any present or future federal,state or other :�` _ _
<br /> � statute,law or regulatfon rolating to trankruptcy,Insolvency or other rellef for dobt�re;or there shall be appalnted any truatoe, ���
<br /> receiver or Iiquldator o1 Trustor or Borrower or ot all or any part of the Properly,or tt�e rents,Issues or profits thereof,or Truator i��
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<br /> or Bcrrower shall meke any generai eaaiy�i���or.��. ��.a --��.,:.
<br /> (e) The,sale,trans(er,lease,assignment,conveyence or further encumbranca ot al I or any part of or any Intereat In the
<br /> pem tt�e�d oitexecute a lease of the Proper'rty that doestnot contain an ption t pu ctF�ase and the term of whlch does not oxeeed " -
<br /> ono year,' --
<br /> • (� Abandonment of the Property;or � ---
<br /> (g) If Truator Is not an individual,the Isauance,.ale,transier,assignmen;cqnveyance or encumbrence of more than a totel `I ti ;E, �_
<br /> o}.�_percont of(Ii a corporatlon)its Issued and outstending stock or pf a partne,rahip)a total of percent of ,ry.
<br /> �� p9�tnsrship in4eresb ddring the perlod this Deed of Truet remalna a Ilen on the Property. .;. K . . ��
<br /> 12, q�medlef;Acetl�ration Upon Defaul�In the avent ot any Event ot Default Lendor may,without notice except ae required by +�:.,�.
<br /> law,declare ali indebtedness secured hereby to be due and payable and the samo shali thereupon become due and paysale .�i . :
<br /> � wlthout any presentment,demand,protest or no t ice o f a n y i c i�d.T h e i e a t t e r L ender ma y. „ ,_r
<br /> (a) Domand that Trustee exercfse the POWER OF SALE grented hereln,end Trusteo shali thereafter cause Truator's ; 'r.�'
<br /> Interest in the Property to be sold and the proceeds to be dlatributec],all in the ma nner provided in the Nebraoke Trust Deeds �
<br /> � Ack � ,.,� ,��...�, ._
<br /> (b) Exercfse any and aU rights provfded tor in any ot the Loan 0ocuments or by law upon occurrence of eny Ev�nt of Defautt; � J --��-
<br /> and f �� � —
<br /> (c) Commence an actlon to toreclose thfs Deed of Trust as a mortgage,eppoint a recelver,or specHlcally enforce any of the � !;;;�.�
<br /> covenants horeol. t',,'
<br /> No remedy hereln conferred upon or reserved to Trustee or Lender ie intended to be axclusive oi any other romedy heretn,in the l ;,��
<br /> Loan Documents or by law provlded or permitted,but each shall be cumulative,sheli be in additlon to every other romody given
<br /> � hereunder,in the Loan Documents or now or hereafter existfng et law or in equity or by statute,and mey be axerofsed concurrently, � ,. .�'_�i;
<br /> � Independently or successlvely. � ��
<br /> 13. 1Yust�t.The Trustee mny resign at any time without causv,and Lender may at any tlme and without cause appotnt a 4. : . �j�(';;
<br /> � succo�sor or substitute Truatee.Trustee shall not be Ilable to any pertyr,Including�vithout Iimita6on Lender,Borrower,Truator or any ; �.. „,���
<br /> � �� purchaser of tFto Property,tor any loss or damago unless dud to reckloss or wiliful rnisconduct,end shall not be required to teke any I �, �' •
<br />" actlon In connectlon with tho enforcement ot this Deed of Trust unless fndemnified,In writing,for all costs,compensation or
<br /> oxpenses which may be essoclated thorewith.In addition,Trustee may become a purchaser at any saie oi the Property Qudicial or � ,a'�.
<br /> � u�der the powsr o}eale pranted hereln);postpono the sale of all or any portion of the Prope►ty,as providod by law;or sell the i ,
<br /> � •• Properiy es a whole,or In separnte parcel8 or lats at Trustee's discretton.
<br /> 14. F�e a►nd Exp�nwo.In iFro ovent Trusrtee sells iho Property by exercise of powor oF sale,Trustee shall be entitiad to apply I ,,�
<br /> �• ' �� any sale procaeds firot to payment of all costs and expensos ot oxercising powor of sala,Inciuding all Trustee's tees,and Lender'a �
<br /> " end Trusteo's attorney's tees,ectuAlly incurrod to extent permftted by applicabte law.In the event Borrower or Trustor exerclses eny ,
<br /> ' rlght provided by law to cure an Evont of Deteult.Lender shall be entltled to recover irom Trustor all costs and expenses actually �.
<br /> � incurred as a result ot Trustor's defeul�inctuding without Ilmltation all Trustae's and attornoy's fees,to tho oxtent permitted by
<br /> �• applicable 18w.
<br /> 15. Futute Advanc��. Upon requost ot Borrowor,Lender may,et its�ptian,rnr3ko additlonal and future ctdvancos and re- . �I
<br /> ' advancos to Borrower.Such advancc�s end reAdvancoa,with interest thoreon,shali be secur�d by this Dsed oi Truat At no tfine shall .
<br /> tho prinolpul amount of tho Indebted�ess secured by thls Doed af Trust,not Incwding sums advanced to protect the security ot this �. ,
<br /> _F_ Qeed of Truat,axceed the origlnal p�inclpal amc�unt stated herein,or$�•b�d•b� whichever is greater. ' .�4
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<br /> . - - 18. M{scNlm�ous Prorisioni. - —_
<br /> _.� '
<br /> � (a) Darrew�r Not Rel�ss�d. Extonslon of tho time for paymc�nt or modification of arnortizatfon of the surns secured by this ; 1
<br /> ' Daod of 1'rust granted by Lender to eny successor in interest of Borrower shall not oper�teto reloase,in any mannor,the Ilabiliry
<br /> � uf the orlglnul Borrower nnd Borrower's succasso�3 f n Interest.Lendor shall not bo requ ired to commence proceedinga agafnst , ,a
<br /> ,,, ., such successor or retuso to oxtend time for payment or otherwfsc�modfiy emortlzetion ot�he sums secured by thls Dood o1 Trust �
<br /> - by reason o f any d emands made b y tho ortginal Borrowor end Borrower's succassor�:In intorest. i
<br /> ; � � (b) I,�nd�►'�Row�n.Without ottsctfng tho Ifabllity of any othor person Iiable lo�the payment of any obligatfon heretn
<br /> � � montfoned,and without at(eoting tho Ilon or charge o1 this Deod ol Trust upon ar�y portfon ot the Property notthen or therutotore r �
<br /> roleaQOd as securiry for the iull nmount ot ell unpaid obligotlon�,Londer may.lrortn time 4oume end without notice(i)release any ,
<br /> + , person so Ilablo.(If)oxtond the maturity or elter eny of the torma ot eny such obllgations, (iti)grant othor fndulgonces,(iv)release
<br /> � ar rec�n�ey,or ca�!se M bn released o�recanveyed at any time at Londer's optfon any parcel,portion or all of the Property,
<br /> ' � (v)tflke or relensv any othor or additional security tor any obllgation herein mentiortvd, or(vi)make composittons or other �
<br /> arranpoments with dobtors in relation thereto. '' �
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