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<br /> . � .' f 9.Nam�dous Mne�i#t�.Truator s�a11 keep the PropeRy in comptiance x�itb ai!applicable Iawa.ordinances and regutsUons - � :•� ° �-
<br /> < F� . `.`_' �eiattng to Industrlal hygiene or environmentai protecUon(collectively retarted to herein es"Environmental Laws'�.T�r shali . . . . -
<br /> . keeptheRroRertytreetromattsubsffi�ce9deemadwbsha�rdousortoxicundsranyEnvironmentaltaw►a(eoitectiv�lyreterredto ' ,�_ �,,.
<br /> herain as`Hanardous Matedais 9.Tn�str�r herehy warrenb end rePresents to Lertder tt��at there are no HasarQoua Maisriats on or z
<br /> tt
<br /> ' � urtder the Properiy.TrusDOr hereby agrees to[nQemnlfy and hold harmcess Lender.Its directo�officers,emAloyees and agenb.and •�. �
<br /> , `k�. any successora to Lsnde�s intet�t irom�nd againstany and ali ctatma damages.iosees and tiabil�tes arising in ccrtnecti�n witH_ . ,
<br /> ihe presence,use,dispasal�r U'ansPo���y HazardCUS Matedals ori,under,irom or about the Pi'opetty.TNE FOR[C�OING • . • _
<br /> � VY�pqNTiESAND qEPRESENTATfONS.ANOTRUSTOA'S OBUGAT[ONS PURSUANTTO THE FOREGQiNG INGEMNiTY.$1iALl. . ' .. ". �� ,
<br /> -_��_ SURVNE RECONVEYANCE OF THIS DEED OF TRUST. •
<br /> . 10:Assiqnm�r�t of itafb.Trustcr hereEl!�9ns to lendar the re�sts.issues and praRts of ttse PmDerty:Drovided lhat TrusGOr �.:� .�.�,- -
<br /> ''�- shalbur�ItheoccurrartceotenEventof9efaultheseurtder,hav8thsri9httocoilectandretainsuchrerrt�,issuesandprofitsasthay : �r
<br /> �`� •' � fa.Upon the occurrence o!an Event of Detautt,Lender may.e i t hes in person or b y a g e n t,w i t h o r w i t h o u t . ,
<br />�_; . become due and PaXab . ;
<br />� - --. - -. .... bringing arry scHon or praceedin�or by a recelver eDpoint�e�by a couR and withoui regard to tfie aQequaeyl a}Iffi security.enfer _ ._ . . . -
<br />- upon end fake pussessIon otttre Properly.or erry paRthereof,in tts ovm name or in the name of 4fie Trustee,and do arry acts wfiicA it ;• • . :
<br /> . -._. - ---'� - deemsneces5�ryordesirabietopnasecvethevatue,maHce�hilityorrer�tabii[tyoftheProperty.aranypaRthereoforinteresttt►erein. --,.._.��.,:', ._°. �. .
<br /> increase ttre income therefrom or protect the security hereot and,wfth or without ffiking possesslon of tt�e Froperty.sue tor or •
<br /><� � . � .. otherwisa cottect the renb.issues am!Profifs thereof.lnctuding those past dua and unpaId,and apply ffie same,less costs arsd `.. . .. _
<br /> ' - expenses of operatton and coltectlon tnciuding attomeys'tees.upon any indebtedness secured hereby.ait in su�t�orderas LendQr ' .�, ,
<br />_�?,' ; - .. ..r ,
<br /> »a _ � • �
<br /> _�,�. _ may Qetermina The entering upon and taking possess+on of the Property.tbe collection of such rents.issues and profits and the , 1 '. -
<br /> � �ppiit�tfon tfiereot as aiaresaid,shaFl not cure or waiv9 any defauli ur no8ce af delsult hereunde�or invatidate arry act done tn _ .
<br />=�;�:�z3 , ` . . - responsetosuchdetaultorpursuanttasuchno�ceMdefauttand.notwithstacidingthecontlnuanceinposSessionotffiePropertyor , ��.�; .
<br /> �� I ' the coi[ectfon,receiDt and aDDBc�tIon of re�s,issues or profits,aad Trustee and Lender shatl de en�Uad to exercise every�Ight � y__
<br /> R� ravid@dicrinarryoftheLoanOocumentsorbytawuponaccurren�ofsnyEveniofDefaul�indudingwfthoutlimiffitionthsrightto , . , -
<br />-: ,#�� ' ' ` �erc(se the power ofsate.Further.Lendsr's rightsand�medtes under this par8grapb shaif be cumutative with.and in no way e . _ _
<br /> �' • IimitatIonon,Lendetsrtghtsandremedieffunderanya.ssignmentnfteas�andrerHsrecardeda9ainstthePropercy.t.ender.Tnistee ` . �� p °z� .;
<br /> ;,� ... , ` �, ana the�cetvet sha11 Oe uabte to accaurtt onty thosa rsnts actuatcy rece�red. � • �,�,,,t
<br /> ''--�__,.:.__.�'- .. . v_ Ev�nb_o!_QlM�The foitowing shatl constttuta en Event o!Defauit urtder thls Oeed Oi TrusC . ._. ._..._ _.. . . . .- _-
<br /> , ° : , , (a) Failure to pay any(nstaitment ofprTncipal ot inTetest-of any athersum-secured hereby-when due,--� -- �---.. . _ ` '`�x`y'�"�
<br /> , � (bj Abreacbofordetaultundera�:►yprovisioncantainedintheNote,this0eedofTrus�anYofthaL.oanOocuments,orEUry f ,_ :�.L �;::
<br />- ' • � - ather tian or encumbrance uDOn the ProAertY:
<br /> • ,=s (c) AwritotexaCUtiono�8ttachmentoranysimilarprucessshal�beenteredagainstTruatorwhichshatibecamsalienon �;�..�r,,� _
<br /> . •• tAe Property or any porHon itteteot or irtterest thereln; � ' �_ =�s.-
<br /> - - - (en There shaltbe tited by�r-against�rustor or Borrower an action.under.any.present or tuture tederal,state or aiher
<br /> , : � � statute,law or regut8tion retatiag to'6ankruptoy.insolvency or omer relief for debtors;or ttiere ahal(be eppointed any trust8e.
<br /> �eceiver or liquidator of Trustor or Borrower or o!ail or any part ot the Property,ar the rents,issues or profits thereof,or Tnistor
<br />' � ' � • � ot Bortower shall make any generat assignment tor the berte8t ot creditors; • •
<br /> • ' � (e) The�sate transter,tease.essignmen�comreYance or further encum6rance of sii o�any Fart of or any irKere3t in the
<br /> �`'��. , . • � prppeRy,either voluntariiy or iavofuntgdly, without the express wdtten consent ot Lender, proVided tfiat TrusDor shali.ba
<br /> - ' � permitted to execute a lease oi the Property that daes not contain an opUon to purchase and tha term of which doas not excQed ,'�� . �
<br /> � �. . � . . - d r?
<br /> � one year: � .. ��
<br /> . � . � (Q Abandanment ot the Property:or
<br /> ' (g) IiTrustorisnotanindividual.theissuance.sale.tranafer,assignmenLconveyenceorencumbranceotmorethanetotai •.y�;=f
<br /> . :' � ' o�r---Dercent ot(it a corporetion)its issued and outstandtng stock or(it a partnershtp)a total 01 percent of _ �.:�°s��
<br /> • � p8rfiers fi ip in t er e s t s d�i t i n g t h s p e r f o d t h(s D e e d a t T►u s t re m a i n s a l i e n o n U t e P ro p e r t y. • a..
<br /> ' " ' y2, R�m�dNs;Aee�NrationUpon�ttaultlntheeventofarsyEventofDstauitL+endermay,withoutnottceexceptasrequiredby '-.� F
<br /> • �ns
<br /> • � • law,declare atl irtdebtedness secured hereby to be due and payabte and the eame shail thereupon b e c ome due snd payabte ;:_�:�,�.
<br />� • � • witltout any presentrnant,demand.protest or notIce of any kind.Thereafter lender may. � - :��.,:'�-
<br /> ' • � • (a) Oemana that Trustee exercise th�POWER OF SALE.grat►ted here(n.and Truatee sh811 thereafter cause Trustor's ,. ��";�%%� •-
<br /> � • intere5t in the Property to be sold and the praceeda to be distributed.all in the manner provlded tn ths Nebraska Trust Deeds -
<br /> . I1cL � •
<br /> ' (b) Exerclsearryanda0righbprovidedtoNnanyoftheLoanOacumentsorbytawuponoccurrenceoferryEventof0efaul� ,
<br /> .� ':�� ._ . '..� •. t. , flttd • • - •
<br /> . r. (c) Commence an acUon fo toreclose thie Deed of Trust as a mortgage,apAoint a recetver,o:speciticaliy enforce any ot the fr :_,�
<br /> t covanants hereoL � � �
<br /> � � � No remedy hereln conterred upon or reserved to Trostee or�lender is intended to be exclusive o!any other remedy herein,in tAs , . ,,� :� .
<br /> . Loan Qncumento or by taw provided or permitted,but eacb shatl be cumuiative,shail be in eddition to every other remedy gl+ren �: -
<br /> `%� . � • � hereunder,In�91.oan Dacuments or now or hereatter existing at(aw or in equiry or by statute,and may be exercised COnCUrrentty, .
<br /> L.. • � independenUy or successivety. . . .. '
<br /> .;} �. . 13.TrustM.The Trustee may resign at any time without causa,and Lender may at any tlme and withoat cause appoint a
<br /> Y . successor or substlwte TrusteB.trustee shall not be liabie to any paRy.inct�ding wttttnvt timitation Lender.Barrowe►.Trustor or 8ny .
<br /> � purchaser o1 tlte Property.tor any loss or damage uniess due to reckless or witiful misconduct and ahall not be required to taice any .
<br /> • � acUon in connoctlon with the enforcement ot this Deed o!Trust untess indemnifted.in writing,tor all eosts,compansaUon or
<br /> � ' • expenses wh{ch may be associated therewlth.In addiUon.Trustee may become a purchaser at any sate of ttie Property(judtciat or
<br /> - � � � � undar the power o1 sate grented harein);postpone the sate of ail or any poAian of the Prop9rty.as provlded by law,ar sell the � .
<br /> . �. ' : .. Property as e whole.or in separate parceis or tots at Trustee's discreUon. �
<br /> 14. FNS and E�nHS.In the event Trustee setts Uie Property by exercise of power o1 sale.Tru3tee sha0 be enUUed to appty
<br />-} � � � " any saie proaeedsii�at to payment of ail cosis and exptsnses of exercising powe►of sate,inctuding atl Trustee's fees.and Lender's. k �
<br /> � _� � .. ' andTrusteesattomey'atees,actuaityincurre�toextentpermittedbyapplic�btelaw.IntheevaM6orrowe►orTrustorexercisesany � . , .
<br /> -� � rlgM pravidad by law to curean Event of Defa4lt,LenAer ahatl be enUUed to recover from Truswr ai1 costs and expensea actuatly
<br /> '" � � incuned a9 9 resuft ot Trusto�s detaulL inc�uding withoat limifation ell Trustee's end attorney's tees.to tl►e extent permitte0 by �.
<br /> �
<br />_ .. � .. appficabfe law. ' . .
<br /> 15. Fuiuss Adranees.Upon request ot Bonower.Lender may,at its optlon,make addtUonal and tuture ad+►ances and re-
<br /> - • advances to Bonower.Such advances and readvances�wlth interestMereon,shatl be secured by thfs Oeed of Trust A1 noUme shell 4
<br /> . , ' theprinCipal amount otthe indebtedness secured by this Deed of Trust not Irtcludin sumsadvanced to protect tho securlry ot tfii9 �
<br /> � Qeed of trust exceed the eriBlnal pdncipal emount stated herein,o►$ whtchever is greater. .
<br /> . . . • 16.M4eNiat�+.'�P�ovt�td i'
<br /> � (a)Borrow�t Not R�taas�d.F�ctenston o}the Ume tor payment or modificaUon o!amoAizatlon of the suma secured by this . .
<br /> ' • . Q�p}T����by Lendet to flny auccessor in lnterest ol6orrower shall not operete to retease,in�ny manner,the ilabitity .
<br /> � � � � olthe odgtnal Bonowerand BorrowePssuccessors in interest Lende�shall nottre requtredto commence praceedings against
<br /> � � ' � suc4�successor or refuseto extend Umetm payment or otherwise medity amartizaUon o1 the sUms seCUrsd by this DEed of Trust
<br /> . • _ . . . by reason ot any demanQs made by the orlginal Bcrrower and 8ortower's successors in interest � •
<br /> , (p){,�de'a ppvr�rl.Without aHecUng the liahility of any other person Iiabte tor 4he paymertt ot any obligation herein
<br /> ' montioned,anO withoutaftecttng tt�e lien or ehargeolthts 0eed of Trust upon any poRion olthe Properiy notthen ortheretotore �
<br /> � reteased as�ecurity tor thetull amount o1 all unpaid obligations,Lender may.from timsto time and viithoul notice(�)reteas�any
<br /> parsansoliable.(ii)extendthematurityoralteranyofthetoimsotanysuchobiigaUons.(iii)grantotherindutgences,(iv)release ,
<br /> .. . ,
<br /> �� • � • • � • • ar recoqYey,or cause to ba retease0 ar recanveyed at any timo at Lender's option eny parcel,poRion or all ot the Property.
<br /> � , ._. � . . '
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<br /> x - •-: (cZ ls.�,s er ie►e�eny other or edditional sacur(ty tOr eny obligaEOn herein menUoned,or(vi)maEce compositlons or o er _r - .
<br /> � . anangemersb witb Qebtcrs in�otatian thereto.
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