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<br /> Ef.Il�ace�,'�i�3 f.9�te;lc{3.Truotor ahnll kcop iho Property In comptlnnco enth all pppllont�lo Ip»o,qrdlnn��ceo and repulatlono �� --.
<br /> - � relati ng to IndueVlal hypione or env:ronmentel protactl�n(C011eativeiy reterrad to h�lroln Qe"Environmontal Lews").Truator ehell ';;_""
<br /> � kaep qia Property freo from all eubstancoe deemed to ba hazardoue or taxlo undqr ony�nvlronmental Lawe(coltectively veferrsd to
<br />� � � • hereE�as"Hezardoue Mate►lalo"),Truetor hereby warrente nnd roprosonte to Londor thpt thore oro no Hazardous Metorlain on or ' -
<br /> '� unde r the Propr�rty.Trustor hereby apreea to Indomnity nnd hotd hnrnilose Londor,Ito dlroatoro,allicoro,employoao and ogont�,and -� ���:
<br />- any successors to lender's intoreat,from and aflalnet any end all ctnirne,d�m�pe�,loa�oi nnd Ilobllitlea erising In connectlon wlth ,.,•,_a;.a±:,�_
<br />��' " � .. the�Srosence, use, dlepoaal �r transport of any Haterdous Materinle on,unde�,from or nbout fhe Praperty. TWE FOREQOINQ ^ ° '
<br />- ViIAR�AANTIES AND REPRESENTATIQNS,A►V[�TRU9TOR'3 ODLIQATIGN�PUf2�llANT TO 7N[FOREGOING INDEMNITY,u�MAll. � �
<br /> SURVIV� RECONVEYANCE OF THIS DEED OF TRU9T. --
<br /> t 0.Aalynm�M af R�nb.Truator her�by nsalgne to Lendor the rente,le9uea and proflte o}tho Property;provided that Truator -� ,;;;�
<br /> shell, until the occurrenco of an Event of Dofeult heroundor,havo tho ripht to collpof nnd retnin euoh rento,Iseuea and profits as they 't,..,.
<br />_ become due and payable.Upon the oaaurrence of an Event of De}ault,Londer roay,elthor In pereon or by agant,wlth or wlthout �+
<br /> bring Ing any aotlon or praceedinq,or by a rocelver appolnted by a caurt end wlxhoul reAard lo tho ndaquacy of Its sacurlty,enter �-•;�,.
<br /> upon and take possesslon of the Pioperty,or any parltheroof,In Ite own namo or In the namo o11he Truetne,ond do any actis whlch it • ;:�t
<br /> deortsa nocessary or deslrablo to preseNe the value,merketablllty nr rentnblllty of lho Proporty,or ony part thereof or Interesttherein, � �
<br /> Increase the income therefrom or protect the securiry hereo}end,with ur wlthout taklnp poeaeselon o}the Property,sue for or ,_,5„:".• :���
<br /> otherwlse collect the rents,issues end proflte thereof,includlnp thoso peet due nnd unpald,nnd e�pply tho enme,leas coata and ��
<br /> oxpenses oloperatlon and collection including attorneyo'teea,upon nny Indebtodnose eocurod heroby,ali In euch order as Lender � �
<br /> may determino.The onterinH upo►i and taking poaseselon o1 the Prqperty,the collACtlan o1 euch ronte,Iseuoa end profite and the .. , . ��
<br /> , „ epplicatlon Ihereof as atoresafd,ehall not cure or walve uny detnult or notice of default ho►eunder a Invalldeto eny act done In � ' ,�'
<br /> • . rospunsa to euch deteult or pursuant to such notice o1 dafault and,notwithatan�ln�tho contlnuance In pobsesalon of the Property rn ;�,:• �'=� --:
<br /> the collectlon, receipt and eppllcotlon of rents, teaues or profits,and Truotee and Lender ehnll be entltic�d to exerolse wery rlght � ' ='
<br /> � :�,�:,mu,�+�':;:
<br /> proYlded tor In any of the Loen Qocumentaor by law upan occurrence o}any Event of Onfault,Including withaut Ilmltetl�n the ripht tQ - •• `�l h�--°
<br /> exorcise the power o}sale.Funher,Lender's rights and remedles undor thla paragreph ehell be cumulative wlth,and In no way a .• �� '
<br /> f Ilrnilntlon on,Lender'e riflhts and remedles undereny essignment o}leases end rente rocorded eflalnat tha Propnrty.Lendor,Truater� � " � '
<br /> andthe recelver ahall be Itablo to account only those ronte actually recefved. =-
<br /> 1 t.Eventa of�Q}ault.The following ehall constltute an Evont o}Detault undor thle Dood ol TruoF. �_.
<br /> (a)Fallure to pay any Inetaliment of princlpal or Interest ot any other eum secured hereby when due; ' •`��,F•�':,:-"
<br /> „ (b)A breach of ordefault under any provlslan contafned In the Note,thls Deed of Truet,cfny of Iho Lonn Qocumente,oreny ���;,�:
<br /> other�lon or encumbrance upon the Property; �:� •�.,:_
<br />. (c)A wrlt of executlon or ettachment or any slrnilar procass shnll be entored ngalnet Trustor which shnll becomo a Ile�on �
<br /> . tFie Properiy or any portion thereof or Interest therein; �_�—
<br /> (d)There shall be filed by or agalnst Truator or Barrower an action under any preaent or fufure federal,etate or other � ,.,�:.
<br /> �• sletute,law or regulatlon relating to bankruptcq,Insolvency or other relle}lor debtors;or thoro ehnll be eppolnted any truetee, f � • •
<br /> r a c e i v e r o r I l q u l d a t o r o}T r u s t o r o r E o r r o w e r o r o f a l l o r e n y p a rt o f t h e P r o p o r t y,u r t h o r o n t o,I s aue e or pro f l te t herao f,or Trus tor ... �,
<br /> or Borrower shall make any generel aesignment}or tha beneflt of credltore; ( +�'�.�,. �,:_
<br /> - (;>;Tl:a,saia,i�anoto�,ioMOn,ne�ignmeni,convayence or rurcndr encumbrance ot on or any pnrt of or any Intereat In the � �-� "
<br /> � Property,olther voluntarlly or Involuntarlly, wlthout the express wrltton consent ol Londor; provldod that Truetor ahell be � !.
<br /> permitted to exocute e leasv ot the Properry that does not conteln an optlon to purcheee and tho tonn o}whloh dooa not exceed ,,,;�
<br /> ., Oc18 ypAr, � � .
<br /> (� Abandonment of thg Property;or }� �
<br /> .,,�, .
<br /> (g)It Trustor Is not an Individual,the issuance,sale,trpnafer,esalgnment,conveynnco or oncumbrnnco 01 more than a total "�,
<br /> � � of.�_percont of(if a corporatlon)Ito Issued and outstanding stock or(If a portnerehlp)a total ot percent of +i�:�i�4
<br /> pArinership Intereats dJring the perlod this Deed oi Truat remelne e Ilen an the Property. . y�
<br /> . 12.Rem�dle;AccolerAtlon Upon Defe�lt.ln the event oi eny Event of Dotault Lender mny,wlthout notico oxcspt ne roqulred by •
<br /> law,declare ell Indebtedness secured hereby to be due end pnyable and tho eame ohall tharoup�n bocome duo and pnyablo '
<br /> without any presentmenf,demand,protest or notice o}any klnd.ThereaRor Lender may: � `�.�-'�r
<br /> e�- f�
<br /> (e) Dernand that Trustoe exe►cise the POWER OF SALE pranted herefn, nnd Truatoo ehall thoroAftor cpu9e Truetor'9 � '
<br /> Interest In the Property to be sold end the proeeada to be distrlbuted,pll In the manner provldad In tho Nebrneke Truet Deede ��,y��"� ^
<br /> Act; :�,
<br /> (b) Exercise any and al I rights provided for In any of the Loen Oocuments or by law upon occurronco o}any Evont of Dolault; � ,��
<br /> end � �';.t
<br /> (c) Commence an action to forpcloso this Doed of Trust ae a mortgage,eppolnt a rocelvar,or speciflcnlly onforco nny of tho ,P
<br /> ' covenants hereof. i ,�
<br /> No remedy herein conierred upon or reservad to Truatee or Lender is Intended to be oxclusivo o}nny othor romody horoln,In tho i
<br />_ Loen Documenta or by law provided or permitted,but each shall be cumuletive,shall bv In addltlon to ovory othor romcdy plvon �y�, �
<br /> . hereunder.in the Loan Qocuments or now or hereafter exfsting at Inw or In equlty or by stntutc►,end mey bo oxorclaed Concurrontiy. �',
<br /> • . Indepandently or euccesslvely. ,
<br /> -_ 13.Tru�tw.The Trustee may reslgn at any time without cause,and Lendor mey at any tlmo nnd without cauoo nppolnt a
<br />� • auccesaor oreubatitute Truatoe.Trustee ahail not bo Ilablo to any party,Including wfthout IlmlE�tlon Londvr,Borrower,Tiuetor or nny '
<br /> purChaser of tfl9 Property,for any ioss or damage unless due to recklose or wlllful mleconduct,gnd eholl not bo roqulrod to tako nny
<br />- actlon In eonnectlon with the enforcement of this Deed of Truat unless IndomnlllAd,In writing, for nll coato,camponentlon or •
<br /> , expenaes whloh may be asaoclated tharewlth.In addltlon,Truatee may become a pu►chaser ot any oalo of tho Proporty Qudlclnl or � �
<br /> under the power of sale granted hereln); postpono the sale of ell or any portlon of tho Proporty,ne provldvd by Iow;or ooll tl�o
<br /> ` Property as a whole,or In soparete parcals or lois at Truatoe's dlscrotlon.
<br /> 14. Fea and Exptnsst.In tha event Tniatea sells the Property by exorclse of powor of snlo,Truatoo ehell bd entltiad to opply
<br /> eny sale praceeds first to payment of all casts end expenses ot oxercfaing power af salo,Includlnfl all Trustoo'e foae,arid Landor'n
<br /> and Trusteo's ettornoy's fees,�ctuelly Incurred to extent permitted by eppllcable law,In tho evont Borrowor or Truotur oxorclt�es nny
<br /> rightprovidud by law to cure an Event of Oefault,Lendor 3hall be entitled to recovor Irom Truntor nll coste und oapon000 actunlly
<br /> Incurred as a result of Tniator's default,including whhout Ilmltatlon all Truatoo'a end edorney'o foos,to tho oxtont pormiltod by
<br /> epplicable la�v. ' -
<br /> 15_ Future Advnncea. Upon request of Borrower,Lender moy,at Ito option, make addltional nnd futura advpncw and ro• �
<br /> sdvancas to Borrower.Such advances and roadvances,with interest tharoon,shall bo socurt�d by thlo Dood of T►uet.At no timo ohnll
<br /> tho princlpal emount ot the Indebtodness secured by thls Deed of Truat,not Including sume advc�ncod to protoct tho aocurlty ol II�Io
<br /> - Deedof Trust,exceed the arlginal principal amount stated horeln,or$ 30,000.00 whlchovor la groator.
<br /> . 16_ Mlacellaneoua Provblons.
<br /> .__-.. .......:............. /w\ O �_u_�w_�___
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<br /> �_ ___- -----� ,�, .�,.......,.o.nmeasad.caiension or me time for pnymont qr modiflcatlon o}nmortlzptlon ol tho aumo accurod by thlo
<br /> Deed ai Tru�tgrantod by Lender to eny euccossor in Intarost of Borrower shall not oporato to roloaeo,In t�ny mannor,Iho Ilnbllity
<br /> ! , ' ol thoorlglnal Borrower end Borrower's euccessore In Intorest.Lendor shnll not be roqulrad to cammonco procoedlnpo npnlnnt
<br /> auoh auccassor or refuse to oxtend tlmo for payment o�otherwise modlty amortizntlon of tho sumn oocurod by thle Daod oi Truot
<br /> i" � by reason of any demands made by tho orlglnal Borrowor and Borrower's succosaore In Intorost.
<br />_ ' (b) 6ender'e Powero.Wlthout atiscting the Ilebllity of any other peraon lieblo}or the pnymont ol any obllpntlon horoln
<br />- mQ ntloned,and without aitectfng the lien or charge of thls Deed oi Trust upon uny portlon at tho Proporty not thon or Ihorctoforo �
<br /> rolcased as security for tho full emount oi all unpnld obl!getione,Londer moy,from tlmu to time and without notico(I)roloneo nny
<br /> • person so Ifable,(il)extend the maturity or alter c�ny of tho terme of any such obligetlone,(III)flrant othor Indulponcus.(Iv)rolonao �
<br /> a�econvoy, or ca�se to be releaead or reconveyed at eny tlmo et Lender's optlon nny parcol,portlon or all of tho Proporty,
<br /> (v)2nke or reiease any other or additionel securlty for any obllgatlon horoln montlonod, or(vi)mnko compoaltlono or othor
<br />: errangdmonts with debtors In relation therato.
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