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<br /> : :�,: �. � � }�.�a , *. , 350 �0�63°7 . � � � � . , `� =-
<br /> � ' takan��sna�.�et shall havs the option in its�ole and ab:oluto disaration,ta�Pty nSl at�Proeaads.efter dnduatinp Uieroftam , • �_
<br /> � Q4 cost�m�d expames inaored Q}y it in conneciion vritA such Proeaada,upon m�y ntdebtednea securod harehy�td'u�w�fi otder w � . �`: -'.°'_
<br /> Latde►may determine,o►to apPly a0 such Procaeds,after wch daductions,to the�toration af the Property upcn sud�conditians u . • , -
<br /> � � � � Lander msy detar�rine.My appfcaatiop of Proceeds to a�da6tedness shaU not extend ar pastpone ths dua date af�rry psyme�+ts under ` . • '
<br /> -� '�� ... Ne Nate,or wro�y detault thermmdbr ar hmeunder.My Wn�pGed tunds�aU be paid to Tncstor. � �_� � � _
<br /> �`. °�,� . � g,�by L�t/pon the oecurtence of an Evant o! Oefwh heramdar..or if�eny act is taimn or leaa)pmcasda�p �;: .•-•';-�r-
<br /> . � ,��4� . .. rammenced wl�i�►ma4erial{y aHe�eU Landa�s arterest u�the Ptopmty,l.m�dermny in its own d'uerotion.Eut without o4G�attan to Qo so. � =-
<br /> �. r. • � . and without notiea to or Qerreand upon Tnistar and withant rateaa�s frustar fmm�ry obGpatlon,do erry act whi��ntstot ha�a�raed .: �. .
<br /> _ - - • 6ut faifs_to Qo and_may nlso Qo eny othar aet it da�ns necesaary to protaet the aacgerity hereof.Trustor shalb�+smediat�ty upon danud ' '
<br /> _ : ` __ _ _ _ .
<br /> - � � `�- theretor bq�Lendor,pay W Lender eU eostt end mcpensea marrrod�d sume expended by f.m�dei m connection with the exatciQe by ,
<br /> :�_ �, Lsnder of the toropainp riyhtt.topethe►with a�tarast th�eon at the defautt rate ptavided 'u�tha Note,wfiieh affal}be addad to the - -
<br /> � mdebteQness securad here6y.L�tdar sfiaU not meur any Qab�ity 6eauso of anyihtnp it may do or amrt to do hmaundar. � - �
<br />-�;�� ' 9.Hasardcus Nlat�tT�.Trusior d�p(1 keep the Properiy c�cotnpGence wrth a0 appGcabte fawq ordin�ees and raQttlatiam r�latmp to
<br />=�":. „�` � .... . � industrial hyaiane ar anvironmantal pwtection(colleetivety tafertad to herain e��'Environmental Lsws9_Ytustor sha0 keep•the Property --- -, , � � -
<br />��� - �'. iree from eD�wbstmca�de�ned to 6s haardour or to�ds under any Environmanta!Lavy�teoUaativeiy�at�s�ed to harsin p'Haratdoua �, •
<br />�x. .- Nlateiiala•1.TcueLor hmeby warr�te end rapre�ento to Lander that thero aro oo Hamrdous Matedab on or undor the Property.Trurtor •
<br /> ��,.. - hemby aprees to mQemnify end hold hermless Lender,ita diraetoro,o�eers,mnpfoyees and ap�ta,��arry suc�aseors to Landers _ '
<br />� . � tatme�t.from mid epsinst msy►and a11 elamns,damaQ�,lossai artd Ha6Titias arisinp in cmmaatian with the pr�ance,u=a.di�poaa!or .. • . ,
<br /> -- Uansport of any Haurdaus Materfals on,under,from or aboui tfie Property.lNE FOREi30ING WARRAPfT�S MtD R€P6iESH�ITAT[ONS, �
<br /> �R t ' . . ' � -, AD1D TRUSTOA'S OBLtOATiONS PURSUANT TO THE EOREQOri4d INOElV�11N.SHALL SURVNE RECaNVEYANCE GF THIS 0�OF ' ;'
<br />��,�%� . . . • . .' TR!lST. _ _
<br /> � ., _ 10.Assigntswrtof RmtR.Truator haraby asai�s to L.�der the rents,aaauaa andprofiU of the Praperty:Drovidad that Tntstor�aU. -- ,...
<br /> '�,�� � � . �mtil the oceurronce of an Event af Oatauit hereunder.have the ripht to collect and rotain such rento,is�ues mid profiU as they 6eeome • '- � " ,�'��
<br /> ;,s`� ! due and payable.Upon tha occurrence of en E►ent of Defauh,Lender may,either In penon or by aQent,with o�withaut brinQmO my • � ..
<br />_�� � � aetton or proeaedmp,or by a racetvar appointed by a court and withaut repard to tfie adaquacy ot its saeurity, enter upon end take ' '<. `
<br /> ;r ' posseaion of ffie P�aparty, or aty part thereof,in ite own name or in the name of the Ti�ustee,and do any nctn whicfi 8 deems ,':, � , �
<br /> -'� " • , necestary os dedrabte to pre�erva the va(ue,merkatabTity or rantab8ity o!the Fcoperty,or mry pert thareof or intarest therain,incresse � �"` `
<br /> �;�� �, � :.'�'' �.; - the ineome therafrom or protaet ffie seeurity hereof and,wftM or without tnkinp poaeaion ot tAe Ptopariy,sue for or otharwise coReot •�'-' - - --
<br /> .:• : . __-.` ,-
<br /> - - --- - - �-�=-,.......; ' �•� .
<br /> , -•---T-�-�---�--- � - tTie rents,ia�rea andp��tfieraoi.mc(udirip t}iaae pas�due an�unpaid.�arid�eAP7Y the snroe.�ia�ab�a and enpmses oTbpes�on en� - -. . ._ . ,._,
<br /> � � " colteatlon 8�atudutp attomeyr'fees,upon eny indefotedness eewrod hareby,eA in sueh order as Lender may detmm'vra'fhe enterinp upon, • .
<br /> and takinp pos�ession of the Property, the eollactian of euoh ronte,issues end proitte end the epplication tfiaraof es afora9aid,sbaii nax '_;�' -•.�
<br /> - . ..�..., • • �yr:.,
<br />- . . eure ar waive any defauk or natice of defauk haramde►ar invalidate mry eat darte in reapon�e to such dateutt or pursuant to aueN notiee • /�
<br /> . , of detauk and,norivitfiatandinp the eontinuanes in possaaaion ot the Piroperty or the eolteetion,roeeipt er�d eppfceetiun of rrn�ri,iuuas ar ' �1�'�"� -
<br /> rn �
<br /> _. -• ---• . - - profits,and Trustee and Lertder nhall be e�titted to exercise avery riQht provided-for'n� any of the Loan fnnnrment�or 6y taw upon - : - - -•`�-�,'�,'�'
<br /> • . aeeurtenoe of a�ry Ev�t ot Oefault, includinp without fmirtation the ripht to exereise the Power of�ale.further. Lander�riphts and ; ;.�;'. �,;: ,
<br /> '� �rainadies �mder thi� parapraph sfiali 6e eumutative with, and in no way a Gmitatfon on, Lender's �fpfits and romedies under mry • • _
<br />� :. . _ � _. �sipnment of leasa�cnd rents rocordad epainst the Property.Lander,7ruatae and ffie raceivm sfiall be Iiabte to accaunt onty for tflwe � ,
<br /> � r�b eetuslly seeaived. ' �
<br /> �� -� � � • - 11.EvRts of Qat�dl.The foRowmp ehaU constfirte en Event of Qefault under thia Daed of Trust:
<br /> . � - �
<br /> , , (e)Fm"ture to pay any instal(ment of pr6scipal or intoreat of am►othm st�m seeured heroby when due; i � , , - ':
<br /> (b)A breacii of or detauit under acry provis:on conteined in the Noto,thie Qeed of Trust,eny of the Loan fnatruments,or any •
<br />� '. ,'. • ath�r Ga�or ancum6rmoe upon the Property: `�:;:' .
<br /> �• •` • � (01 A writ of execution or atteehment or eny aimi(ar proceas afiall be antarad apainst Truator whicfi eheU become s lian an the � �
<br /> �. �. . _w Roperty or mry portion thereof or o►terost therea�; ;�fF�i
<br /> . � � (d1 Thero shal!be rled by or epatnst Trustor or Borrowe► en aotion under eny pmsent er futute federel,rtete or other statue,law � � �`;i'�' "�.;� '
<br /> • or reQulation rotatinp to baniwptey, inaolvanry or othe� relief for debtors;or thero sha11 be eppointed any trustee, roeeivar or �. �
<br />�' ' liquidstor o}Trustor or Bortower or of all or arry psrt of the Potperty.or the renta,issues or proffU theroof,or Tnistor or Borrowar
<br /> . efiaU mdke an�panerol assipnment for the beneFK oi areditora;. • �`
<br />: � � � ° , (e)The se{e,Nander,teaee,aaipnment,eor►vayanee or furthm aneumbrance of el!or any part of or eny intere�t'rn the Property, �-' :��J�" �
<br /> ' eithar valunterity or irrvohmterity,without the exprae�written eonsent o!Lendor,provided that Truotor ahall be permitted to exearte � . , , -� ��
<br /> ��- . . •l e a s o f t h e P t o p e t ry t h s t Q o a�n o t c o n t a i n e n o p t l o n t o p u r c h a a o a n d t h e t e rt n o f w h i c A d o e o n o t e x c a a d o n e y e a r, '���
<br /> � (i1 Abandonmant of the PropaRy:o► � - �� '
<br /> � .f . ' � . fal It Truttar ts aot w indivldual,the iuuanae, aate,transic�r,e=siynment, conveyance or encumbrance of more than a tota� l • ' .
<br /> � . ot �i� percent of(if s wrporotloni k�issuad and outatendmd�tack or(ff e partnenhip�a total ot N/A perc�t a! � . ' . ,
<br /> - " �� % putne»hIp intarart�durinp the period this Oaad of Trust ramaim e lien on the Property. � - .
<br /> -- i 12.Rwe�s;AoaN�ntJon Upan Odauft.in the evant of any Event oi Default Londer may,without notice exeept as raquired by law, ,
<br /> :r' . ' decfaro�II indebtadnep saouwd here'by to be due and payable and the oame�all themupon beoome due and psyabfe whhout any ' :� .,
<br /> pro�entmant,damand,protest or notice ot any kind.Thereaftm Lender may: I . .
<br /> ._ (a)Demand that Trustee exeroi�e the POYVER OF SALE pranted heroin, and Trustee afiaU thereeft�r aause Trustor's interest ' .
<br /> in the Proparty to be sold nnd the procaeds to be distributed,ail in the manner provided in the Nebrnke Tiust Deada Aot; I . ,
<br /> - � (b)Exercise eny and all riahts provided for in any of the Loan fnstruments or by law upon occurence ot en/ Event of ! �
<br /> - . Defauk:and . �
<br /> , (o)Commence an eation to torectose this Deed ot Trus4 as a mortpepe, appoint e receive�,or epacificaRy enforce any of the �.
<br /> - � covananta hereof. 1 •� �
<br /> • No ramady hsrein conferrod upon or re�erved to f�ustee or Lander is intended to be exctusive of any other remedy here3n,in the loan i
<br /> ��. • _ Instrumx�t�ot by law providad or permited,bue each ahall be eumulative,ahall be in eddition to every other tamady piven hereunder,in �
<br />- ,; tAe Loen(n�trumenta or now or heroafter exi�tirtp at Iqw or in equity or by statute,end m�r be exerci�ed ooncunantty,independently or j ,
<br />- �. . - . �ueceuhraly. f .
<br />�; �:� . 13. Tru�be.The Trusta�may re�fiyn et arry time withaut cause.and Lender may at arry time and witfiout cause eppoint a�ueceuor ! •
<br />--- or aibstituts Tn»tw.Tnutse�ha(I not be liable to m�y party,incfud'mp wRhout IuniUtion Lender,6orrower,Trurtor or any purchuer o} j .
<br /> ' the Pmperty, for any lon oi dunapm unteu due to re�ktan or wil(fu1 misconduat,and thall not be►equired to take arry actian in f
<br /> aonneation with t�s enforaement o}thls Daed of Trust untea indemnitied,in writin9,tor ail aost�,eompansstior.os ozpcnsea whieh mey � ' �
<br />�. �. b�anocieted tharewith.tn addition,Tru�tae may 6aeome e purehaier at any eate of the Ptoparty(judieial or under the power of eab �°�
<br />_-- • prented herein];postpone the�afe o}ell or any portion oi tho Property,as providod by law;or sell the Proparty e�a whole,or in separate I
<br /> • ' � percab or lot�at Tnutee'�di=cratian. ' '
<br /> � � 14.i�n and IE�cy�nNt.tn the event Trustee selts the Piropmty by exorai:e of powar ot�ale,Truetae shell be entitlee to appty erry eale �
<br />_ • • • proceed�firet to peyment of all caste and axpen�e�of mcarclsmp powm o!eate,'tncludinp all Tru�tee'�teea,and Lander'o and Trustee's i .
<br /> ettama�'�fae�,aatuet[y incuned to extent pertnitted by appiiaabto Iaw.tn the avent Borrower or Trustor exarelse�arry�1qht provlded by
<br /> • , law to cure en Evant o!Default;Lendar afiell be entitlad to recevar irom Tru�tor oll costs and expense�aotually irteurmd as a resuk of �
<br /> : • • . Ttuator'a default,ine(udinp without limitation all Trustee'o and ettomey'�fae�,to the extent permitted by epplicable law. �
<br /> , � �• 16.Futyr�Advncu.Upon requast of Borrower,Lende►mey,et ito option,make edditional and tuture edvancee ond roadvancos to j .. �
<br /> � 8or�ower.Sucfi sQvaaua and readvances,with intorest thereon,ahaii be secured by thi�Qead of Trust.At no tune ehel!the principel . �
<br /> ' amowt ot ths indebtadnaa�ecured by thi�Deed of Trost,not inctudinp eums advanced to protaet the aeeuiity of thia Deed of Trust, ;
<br /> � • exeeed the origbfN prineipal emaunt�tated harein,ar 8 112.566.50,whirhaver io yraatea ' •
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