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<br /> itl:cn or danr.pcd,Lcndo►chall licvo tho apYian in ito oolo cnd obooluto di�ctotlon,to npply oll cuch Proecqdn,n11or daduotinp ti�orolroni j • .
<br /> ` . dl cocto end�xpencso inourrod by it in cann�otion wlth such Procoedo, upon ony indobtadn000 aucurod horoby cnd in c�uch o�do� oo " -
<br /> lendor mey daterr�itne,or to opply all nuch Proco4do, altor ouch daduMlono,to tho rostorntion of tho Proporiy upon euch conditione ea
<br /> Lsnder mey determine.Any epplioation of Proceade to Indobtodnose ohell not extond o�pontpono tho duo dete of eny peymente under , ��
<br /> Ihe Noto,or cure eny defeult thorounder or hareunder, Any unop�lied fundo ehell bo pei�2 to Truntm. {�_
<br /> 8. PtHormmo�by Lendu. Upon tho oecu►rcnca of on Evont ot Dofnult horeunder, or il uny aot in tokon or le0el proceodinp ! `
<br />- commenoed which rreeterielly effecte Lendor's intereet in the Proporty,Lende�mny In fte own di�cretlon,but with�ul oblipetton te do eo, i �� �_
<br /> end without notiCO to or demand upon Truoto�and without rol000inp Truotor from�ny oblipntion,do nny act which Truoto►haa aprood •
<br /> Dut f�ib to do end moy edeo do eny other�r,t it doema nec000ary to protoot tho securiry horeof.Trunto�ohell,hnmodiatety uqan domend �
<br /> � therefor Gy Lendor, pey to Lendet ell ooata and expeneeo Incurrad nnd eume expended by Lander In conneation with the exerciee by �
<br /> Le�der of the forepo(nfl ►iphtn,togethe� with interest thereon nt the dofauit rato provided in tho Note, which ahell be pdded to tlio
<br /> indebtedneae socured hereby.Lendor shall not Mavr eny liability beoause of onythinp it may do or omit to do hereundet. _
<br /> 9.HatNdous MaUrialt.Truetorshall keepiheProperty in aomplinnco with all eppliaeble lewe,otdinencos ond ropuletione relatinp to ° -_
<br /> industdel hypiene or environmantel proteatlon Icollectivoly roterred to heroin es 'Environmantel Lewe^►.Truetm ehel�keap tho Property
<br />' }ree fwm ell eubotencw deemad to be hazerdoucs or toxio under any Envi►onrnantel Lawe(coiloctively roferred to hormin es 'Hezerdou� -
<br /> Materiel�'1.Truator Heroby warrante end reproaorne ta Landor that thoro oro no Huimdouo Mnte►+al on or under the Property. Truetot ;
<br /> hereby upreeo to inc'emniiy end hold @iermles�l.ander, ite dirootore, o(ficore, omployoes ond agonto,and eny succeasore to Lende►'a
<br /> „ intercat,trom end ept,i�at eny end ell claims,demepes,losaes end liebilities arisinp in conneation with the presenaa, uoe,dlapose) or �
<br /> trenspart of eny Hazardoue Moteriale on,undea from or obout tho Proporty.THE FOHE�OINO WARRANTIES AND REPRESENTATIONS,
<br /> AA10 TflUSTOR'S OBIIGATIONS PUASUAN7 TO THE FOREf30INf3 INOEMNITY, SHALL SURVIVE RECONVEYANCE OF THIS DEED aF . �r'`
<br /> .. K.
<br /> . TRUST. .
<br /> ' 10.As�iqnment oi R�nt�.Trustor harobyassipna to Landor tho ronte, issuos and profite of tho Proporty;pravided that Truetor ehell, r�'"Y'--•--; �'
<br /> � until the occurrence of en Event of Dofault heieunder, have the right to coitoat nnd rutain ouch ronte, iasuoe and profite es they become r __-.�.:.�:-^5:-"--
<br /> duo end a cblo.U on the occurrance of an Evarit of Dofault. Landnr ma oithar in y p n p b�"r"
<br /> p y p y, person or b a on1, with or without orin Iri eiiy �._,:
<br /> er,tbn or proceedinp,or by a rocoiver nppointeJ by a eourt and without ►epard to tho adoquncy of ite eocurity, enter upon end teke f , �,"�;� --
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<br /> poaeeseton of the Propony, or eny pert thoraof, in ite own namo or in the nemo of the Truatoe, nnd do any eote which it deeme • b� ---
<br /> • nece�ser or dosirablo to roserva tho valuo, mericorobilit ot rentabilit ot tho Pro ort or on � � �'� '�T' -
<br /> . , y p y y p y, y Nort theroof or interest there(n,(ncraeso
<br /> � the income therofrom or protact tho eocurity heravf end,with or without teking poaseasion of the Property,sue for or otherwiae collect .,;��a,;f_'-"Y'°�
<br /> �r', the rento,fsaues end profite therooi,includi�p tho9a post duo ond unpnid,and apply tha same,less costt and expenaea of operotion e�d ��:,�w:ri�.
<br /> collaotion includt�p nttornoya'}oes,upon ony indobtodnose socurod horoby,oIl in such order oa Londor mey d�termine.The enterinp upon �,,,;;'.`--:�:�
<br /> and tekfnp poseeselon of tha Propetty, the ao�oodon of euch rente,issues and proflte and the nppllaatlon thereof ae eforeaeld,ehell not ••--- -
<br /> cure or welve eny de4ault or noticd of dafoult heraundar or invnlidote o�y aot dono in roeponso to such defnult or pureumit to auch notica :-n�
<br /> � • ' of defeuR ond,natwithetendinp tho continusnco irv poasoaeion of the Proparty or tho colloction,rocoipt ond appliootion nf ronto,iseues or
<br /> ' � protlto, end Truotee end Lender shall be entitbd to oxoroiae overy ripht providod for in any of tho Loan Instrumente or by lew upon ��!� � p:
<br /> . occurrence of any Event of Ocfauft,inaludinp without limitation the ►ipht to axorcise the power of selo. Furthor,Lender's riphte end ;` , �.��,
<br /> remadiea under this peraprnph ehall be cumutativo with, ond in no way o limitation on, Londer'e riphts end temedias undet any �'�;"
<br /> eselamm�nt of Inase�and rentu rar.ardwd nawinu ihn Prnnnrtv 1 nnda� Trnatnn nnd thn rnr.nivnr ahnll Fsa IiwMw In nr.r.nunt nnlv fnr those
<br /> - . .. _ � ,. , .. . -�-- - - - - - � � - - • ,,. .,.:
<br /> rente entuetly received. ,
<br /> 11.Evente of Dsfault.The followinfl sholl con9tituto on 6vent of Dafeult undor this Doed of Trust: ,
<br /> (e)Feilure to pay any inetellment of prineipal or interest of any other sum aucurad horeby whan duo;
<br /> (b)A breach oi or dafeult under eny povieion contoinod in tho Nota,this Oeod of Truat,any of the Loan Inetrumente,or eny �.�
<br /> " other lien or encumbrance upon the Properry;
<br /> (o)A writ of execution or attechmont or nny aimilur procoss ehell bo ontornd eeainet Trustor which ehall become e lien on the ���
<br /> Property or any portion thereof or interest Iherain; �� E�
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<br /> , (dl There shall be filed by ot epainet Tnntrar or Borrower en actlon under any prosent or future fedorel,etate or other etatue,law �
<br /> o►repuletion reletinp to benkruptuy, ingolrenoy or ather rolief for debtore;or thara shell bo oppointed eny truatee, roceive► or ';:t���'
<br /> � liquidetur of Truator or Berrowar or of all or eny port of tho Porporty,or tho�onts,iasuos or profite theroo},or Truetor or Borrower .
<br /> �- ehell make any penorel essipnment for the benofit of croditore: �«,,r�
<br /> (e?The Qele,trenefer,(eese,�nesignmont,convoyanco or furthor oncumbranco oi nll or ony pnrt ol nr ony intorost in tho Property, ��' - �,�_
<br /> , either volunterily ar Involunterily,without tho axpiose writtan consont of Lender;provided that Trustor sholl ba permitted to oxecute - �•
<br /> a leaso of tha Proporty that doos not contain nn aption to purchaso and tho torm of which does not oxceed ono yoar; �.�����, :y�-
<br /> " (P) Abendonmcnt of tho Proporty;or _,_;ri�.'�`°�
<br /> (p)If Truetor is not an individuol,tho issuanco, sola,trnnstar,nssipnmont, canvoyunco or oncumbrance of moro thon o Mtal � _i:'^�`..-•�
<br /> of u/A percent of(if e corporation)iteissuod end outetondinp stock or(if a pertnorehip)o totel of N/!l .pe►cant of 'a'`��`���Sti
<br /> pertnerohip intereste clurinp the poriod thi3 Deed of Trust romains a Iion on tho Proporty. �'��T-�=._—
<br /> 12.R�►mdi�r.Aaeel�ntlon U on[A�f�ult.In tho ovont of on Evont of Dofault Londor mn ,without notico oxce t ea re ulred b law, ����'.�•"'�""�'a'�
<br /> P Y Y P Q Y ••.;��•��__-- _
<br /> declere e11 indebtednese sacured heraby to be dua end peyablo nnd tho eamo ehall thoraupon becomo due and peyable without eny n. ��-����
<br /> preaentrtoent,demend,protnat or notico o}anyknd.Thorooftor Lendor may: _
<br /> , (e)Oemand that Truatoo oxerciso tho�0 WER OF SALE prantod horoin, and T►uetoo shull thoroeftnr ceuse TrueYOr's fntorest �°"'1�;:��
<br /> • In the Property to be sold ond tho p�ocoedeto be distributud,oll in the manne�providod in tho Neb►aske Trust Deede Aot; •`�.'�!;;,,=y-
<br />-- . IbI Exerci�o nny and all riphta providod tor in ony of tho Loon Instrumonte or by !aw upon occmence of eny Hvant of »ry�.;' '"
<br /> Defau1t;end �.
<br /> • Qc)Commence e�aation to lorocloao Ih(s Deed of Truet ea a mortpnpo, eppoint e rocoivo►, or opoolfloally enforce eny of the � ' T.
<br /> cov�nants hereot.
<br /> s,� �
<br /> No remedy harein con}errod upon or ro�orvod�0 1'rustoo or Londor is intondod to bo axoluoivo of nny othor remedy horein, in the Loan ;
<br /> Instrumente or by le�v provldcd or pormitcd, bul�och shall bo cumulativo,shall bo in additfon to avory olhor remody fliven hereunder,fn I f�
<br /> k tho�oan Inatrumente ar now or haree}ter uxista�fl et lew o►in oquity or by statuta.ond moy bo axaroisad concurre�tly,independently or i ' _
<br /> . � euccesaively. ••
<br /> 13. Truttes.Tho Trustoo moy tasipn at any t imo without causo,and Landor may nt any tima end withuut oause appotnt n succossor i �
<br /> or aubatitute Ttuatee.T►ustee olieU not be lieb�e to eny porty,includinp without limitetion Lendo�,Borrowe�,Trustor or eny purchesar of
<br /> the Property, for eny lose or demago unlosa dua to �ooklose or williul misco�duot, end ehall not 6e roquirod to teke any eotlon in
<br /> connectian�ri2h tho caforcemorit oi thi3 Dartd of Truet unlasa indomnl�iod,in writtnp,for ell coote,componsetton ar expensas whtsh mny �
<br /> 6e esaoctated therew(th. In additlo�,7ruatoo may 6ocomo o pu►chasa►at any oalo of tho Proporty (judioinl or undor tho powor of oalo � .
<br /> prrtnted herainl;poatpono tho oalo of ul�or anypo�tfon of tho Proporty,as providod by low;or uoll tha Propart�r os�whelc,or in ccparnto . .
<br /> �� pnrcole or Into nt Twotoo'u d�unrolion. � .
<br /> : !4.Feee end f�epensea.In tho avont Tru3tcesvlb tho Proporty by oxorciaa of powor ot ualo,7rustoo ahnll bo entltlod to opply ony 3nlo �
<br /> pr¢caedo lirst to peyment of ell co�te and expmaes of oxorcisinp powor of ento, includinp all Truetoo'o taaa,und Londor'o and Truatoo'e
<br /> • ettomey'e feea,eatuelty incurrad to extant parmitlad by opplicablo low. In tho ovont Bo►rowm or Truetoi oxercises anv riaht nrovidod bv '
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<br /> ' - law to eure en Event of Ootautt,londor chall be ontitlad to roeovor from Truator nll ooste ond ox onoo�eotuell
<br /> p y incu►rod as a rooult ot
<br /> Truato�'e defeult,inotuding tivithoui limitation a0 Trueteo'e end attornoy's toes,to tho extent permittad by epplicable tew.
<br /> . t�i.Futun Advencu.Upon roquost of Borrower,Londe►may,ut ito optlon,moko Rdditional ond fuluro ndvo��cee end rondvancea to
<br /> Borrower.Such edvonces and roedvanca�, wilh intoro3t tharaon, ehall bo aecurod by thi� Dood of 7ruet. At no timo ahull tho prinaipal
<br /> � emount o}the indebtedneae secured by thia Ocod ol Truot, not including aumn advancod to protoct tho oocurity of this Dood of TrueL
<br />_ exceed the nrtpinel principet emount eteted huraa, or! SO.GO,whlchovor Is prontor. '
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