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<br /> . � '.E.�� 8.Haiacdpyf Mateaials.T�tstor 8haii keep ttt9 Praperty in compll8nse with alt appUcabtB Isws,ordirtances BttQ reQuist�or� , ��i�..�. _ -
<br /> ` • �' reiattng to industrtal hygfene or environmenta�proteCUon(coltecBvety referred to hereSn a3°E�tviromn9ntal tawa'�.,Truetor eha11 ;
<br /> ' keepthePropertytreefromatlsubstancesdeemedto�ehazardousortoxtcurtderanyEnvtronmenffiIlawa(calt8ctiveSyroterredto • � �
<br /> � ' • herein as"Hazardoua Matertat9�.Trustor hereby warrant9 and represonts2a L+ender ttra!there are no Herardoua MatBrtaison or , ': •,:��;,;�..;,-_
<br /> •" r t, . . tm�erthePra�erty.Trua[orAerebye�raestotndemnifyartdhot�hermtes3lender.lLadirectors,offreers►emptoyeesandagents.and �'�� �w'�-v
<br /> :..,_�,,._.._ -.
<br /> � - � sny successorato Lender's tnterest from and ng�inat Br�I and a11 ct� m�.damages,tosses and Itet�(iiiles arisin in aannectlon wIth ..�` -�°=�
<br /> 9 . �v ='=s;�:--
<br /> • � � the presenc�use.disposai or transpoR o!any.Ha=ardous Mr••terfais o�,under,irom or abou2 the E�roperty:YkE FORE4011�[m . �• � , �;��~-'=`;
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<br />' . � � . . . . ��!' 4:'.�n�
<br /> � WARRANT(ESANDREPRESENTATfON8.ANDTRUSTOR'SOBUC�AAfIONSPd1RSUANTTOTHEFOREGO1NtitNDEMNiTY,SHALL . �:,..'1�.L..-_.__
<br /> � ' StJf�VdUE�t�ONVEYMiCE OF THIS D�ED QF TRUST. =-
<br /> � -' 10.�mtnt of RanL.Yrustor hereby asaigr►s!o l.entfer the re�b.issue3 m�d pra�ts ot tt�e Property:provt�ad Mat Tiustor _ .�� t -
<br /> � shati,urrtitti�eoccumenceotan Event o!Dataulthereunder.haveths dghtto coltectandretaln such rents,tssues and pnoflts estheY `
<br /> � •� becoma due end payahl�Upon the occurrence of an E►ent oi Oetauit,l.ender may.e(ther in persort or by ag e r+;w ff h o t w i t h o v t ' �• '•-�� !�. =
<br /> � �'�., �. �
<br /> -. � � . 6rtngirtg any act[on or proceedin�ar by a recetver appoi�ted by a court and wtthout regard to the adequacy of iffi secudty.enter ,. ' ���r�°�
<br /> �,�' , upon antf 1a.ke possessfoa of the Propetry.or any pertthereo�In Ite own rtame or in the name of theTnistee.and do any acb whEcb it ._'3'`�'''-�
<br /> • • deemsnecessaryordesirabletopre:ervethevatue.market�bilityorremabiliryoftheProperty.orarrypartthereotorin�6erestther+ein. .;��y _.
<br /> ' � increase ths incoms theretrom or protect the security hateof and,with or without takirtg possession of the Properly.sua for or ::,� :,
<br /> � otherv�rise co)ted the rents,issues and proflts thereof,inctading those past due artd unpald,and appty the same,less costs and , ; _' •<•_��
<br /> , ` expanses ot operationand coltectlon inctuding att9meys'fees,upon arry indebtednesssecured hereby,ail tn such orderas Lende► =' S"- __
<br /> `��.��`Y:�
<br /> • � may determina The entering upon and taking possession ot the Property,the cotiection of such rents.(ssues and prof[ts and the . . '�°.°�:=*}�;`
<br /> e
<br /> ... eppl(catlon tAereot as aloresaId,shalt not cure or waive any deTauit or noUce of d�fauit hereunder or invalidata any act done tn � : =n=-�
<br /> � ' resyonsetosuchdefauitorpursuanttosuchnoticeotdefauftanQnot►vithsffindingthecon6nuanceinpossessionotthePro�er4yor � � �.
<br /> the coi'.ecton,reCeipt artd spplication of ren�,iasues or profits,and Trustee and L.ender sha11 be enUtted to exerclse every right :,,x:� , "
<br /> : : �`• � providedbrinanyoftheLoanDecumerttsorbylawuponoccurrenceofanyEver�tofOeisul�lnc(udingwithoutlim'►ffitionthertghtto �..� -`""�`'`--`:_.
<br /> � � exercisethe pawer of sate.Further,Lendefs rights and remedies under this paragraph shali be cumulative witM,and in no way e y �•'�
<br /> ' � limitationor►,Lends�'srightsandremediesundera�rassignmantoffeasesandrent�recordedagatnsttheProperty.Lender,Tcustee f:. .'� , � :;'
<br /> " and tha receives shall ba liable to account onty those rents actuaity received. . , .
<br /> 11.Ere�ts of Oei�u4t the foHowing shall constltute aa Event of Qsfa�ft under ffiis Deed oi Trust . __ - --_
<br /> . . - _ . . . .. --�--(a��siTure fo pay any Tns�alimeni6i��hncl�ai�r interest�tany�other sum�secured hereby when dus: . . . .__ � 5.�� -
<br /> (b) AbreachofordetaultunderanyprovistoncontaiaedintheNote.thi�peedofTnist,enyoftheLasnOocuments„orany
<br /> t -3�:.
<br /> � � . other lien or ert�umbrartce upon the Prcpertl►: ,,Y�,
<br /> � � (c) A writof execution or atfaChment or any simpar process shall be entered againstTcustor which ahail become a lien on � �
<br /> � ' � the Property or any poNon thereot or interest therein; '" ' >;� '�
<br /> - - - _ - � f�There shali be fited by ar aga(nst Trustor or B�rrower en actlon unde[any.present or tuture feQeral,stata Qr other _ � _ ;� ���:_
<br /> � ' BtaNt9,law or regu�ation retating to bankruptcyi,insolvency or other relief(ot debtors;or there shatl be appointed eny tn►etee. . ° ��.;r.��.=
<br /> • �� � recetverociiguldatorolTrusWrorBorrawera+otaSloranypartotthePro�eriy.ortherents,issueaorproRbthereof.orTruator -
<br /> • • � . or Borrower ehall make any genera)assignment for the beneAt of cred(tors: , . ,
<br /> ' � (e)Ths,eale,transfer.tease,asafgnmen�conveyance or further encumbrance of all or eny paR of or eny intereat tn the ..
<br /> � � - " �- " Property,e(the►yoluntarily or involunta�ity, without the express written consent of Lender,provided that Trustor shail ba � _ . '
<br /> permitted M execute a leese of tbe Properry that doea not eantaln an opUon to purchase and the term of which does aot axceed • , , �.,
<br /> • • , one year,' �
<br /> • . (� Abandonmentatthe Property;or ' � � ����� �
<br /> ..c..��.
<br /> . (g}BTrustoris no!an tndtvidual,tlie issuance,sale.transfer,assfgnment,canveyance or encumbrance ot more than e total .
<br />_':_r_ _�_:_._..._. : •:. _.. �:%�.�
<br /> of.�-percent of pf e corporatlon)Its issued and outatendingstock or(tf a partriership)a totat of � percent of -- . ; ••
<br /> � p3rb�erefilp intsrests drhing the period tAis Deed of Trust remains a Aen on the Property. � �.; �'
<br /> �' ' 12 R�m�dN�;AacN�nUon Upon D�fault In the event of any Event of Default Lender may,w(tfiout noUCe except as requi�ed by � �
<br /> law,Qeclare al!Indebtedness secured hereby to be due end payable and the samo shatl thereupon become due and payable . �:, ��
<br /> � � without eny presen4ment demand,protest or notFce of any kind.Thereafter Lender may: . � -
<br /> • (a)Demand that Trustee exercise the POWER OF SALE granted herein.and Trustee ahall thereatter cause Trustor's , . .. � �'
<br /> � • . interest in the Property to be sotd ana th9 proceeds to be distributed,ali in the manner provided in the Nebraslce Trust Deeds :'��'
<br /> „
<br /> • • � • Act � . ,
<br />: ..', . . • (D) ExerclseanyandallrightsprovMedtorinanyottheLoan�ocumentsorbytawuponoccurrenceofanyEventofOotaui� :
<br /> • �. . . � .
<br /> � ��� � � ��• � �d(c)Commence an actton to forectose this Oeed of Trost as a mortgage,appolnt a receiver,or speciftcatty enforce any otthe � � ,.-��.��=
<br /> . - covenan4s hateof. . `, �; ..
<br /> � No remedy herein conferred upon or reserved to Trustee or Lender is intended to be exclusive of any other remedy herein,in the .
<br />: � • ' Loan Documents or by law provided or pennitted,but each sha11 be cumutativa,shatl be in additiori to every other remedy given • ` �`���' ���
<br />- � ' hereunder,in the Loan Documenta or now or hereafter existing at law or in equity or by statute,and may be exer�c(sed concu►rentty, • .
<br />_' � � independentlyoraucc�ively. . •
<br />'�� . � • 13.TrunN.The Trostee may reaign at any Ume without cause,and lender may at any time and without cause appoint a
<br />� • sucaeasot or aubstltute Trusteo.Trustee sfiall not be liabte to any party,inciuding without Iim3taUon Lender,Borrower.Trustor or any , .
<br /> � . purchaser of ttte Property,for any loss or damage unless due to reckteES or wiiiful misCORduCx and shali not be required to�ke any • •
<br />° � actton in connecUon with the entorcement of thia Deed ot Trust unteas indemnifled,in writing,tor all costs,Compensatfon or
<br /> =- • expenses which may be associated therewitfi.In addition,Trustee may become e purchaser at any safe of the Property Qudielal or .
<br /> - - under the power o1 sale granted hereiny,postpone the sate of all or any portion cf the Property,as provfde0 by law:or setl the
<br />-� � . � Property as a whote,or in separate parcets or tots at Trustes's discretton.
<br /> � � 14. FMS and Etip�nsn.tn the event Trustee selis the Property by exercise o!power o}sate,Trustea shall be entiQed to apply •
<br />- � any sate prc•r,eeds flrst to paymant of atl cesb and expenses of exercising power of aele.including aii Trustee's fees,and Lenders .
<br /> � and Trustee'sattame�s fee9,actuaily Incurred to extent permitted by applicabie taw.ln the event Borrower or Trusto►exercisea any ,
<br /> � .. . . right provtded by taw to cure an Event of Delautt,Lender shall6e entitled to recover irom Trustor all costs and expenses actuatly . . . .
<br /> • . incurred as a resuN of.Trustor's detault,inctuding without Nmltatton ail Trusteea and a8orney'e tees,to the extent permitted by
<br /> apAltcabte taw. [ • . • .
<br /> . 15. FuLu�Adv�Neft.Upon request of Bonower,Lender may,at its optlon,make additlonal and future advances a�d re- � ��.
<br />- 8dvance8 to Borrpwer.SuCh 8dvances and readvances,with Interestthereon,shail be secured by N(s Deed of Trust At notime shaU � •
<br /> . � theprincipalemnuntotthelndebtednessaecuredbythisQeedofTrus�rt��in��lin�sumsadvancedtoprotectthesecuriryotthis ; �
<br />- Oeed of Trust exceed the odginal prtncipal amount atated herein,or$ ,whichever la greater. t
<br /> � . t8. MhcNf�n�ous PravWont. � .
<br />= � (a)Bonowsr Ho!RNt��ed.Extensffln of the Ume tor payment or modiflcaUon of amortl�atton ot the sums securea by this ,
<br /> - • � Deed of Trusi granted by Lender to any successor in interestof Borrower shail notoperateto retease,in any manner,the Uabiliry �
<br />_- '. • olthe odginal Borrower and Borrower's successors in interest Lender shall not be�equired to commence proceedings agalnst � ,
<br /> - ' such suocessaror refuse toextend Umefor paqmentor othen�vise modityamorti�Uon otthe suma secured bythls 0eed o1 T�us1
<br /> � -- - --- by reason oi any demands made by the orlgina!Borrower and Borrower's successors in interest �
<br /> (b)Land�r'�Powers.Wlthout aNecting the liabiliry of any other persbn liable tor tho payment of any obligaUon herefn � • ,. . ��
<br />� � ' . mentioned,ertd withoutaffecUng the lien or charge otthia Oeed oi Trust upon any portion o!the Properiy notthen ortheretotore � •
<br /> . • roteasedasseaurityforthetuilamauntolallunpaidobt}�atlons,Lendermay,fromUmetotimeandwithoutnoUGe(i)releaseany
<br />_ � person so�iabte,(fi)extend the maturity or alter any otthe terms o1 any such abllgaUona,(iii)grant other indutgences,(i�retease � •
<br /> - ' . or teconvay,or cause to be reteased or reconveyed at any time et Lenders opdon any parcel.portton or ail of the Property, i • •
<br /> = - • � . (�ry taice or rotease any other or additlonai security for any o6tigatton herein mentioned,or(vi)make composiUona or other �
<br /> __- -
<br /> � •� � anangementa with debtosa in rela�on thereto. j�—"-- � •
<br /> � . � _ . ' � �; ; .
<br /> • • - - � I., � __
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