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<br />� 9. H�iardow M�t�ri�l�.Trustor ehell keep tiio Property In r,ompllnnr,�with all applicabte lawa,ordlnancAS and reguletlona ' �
<br /> . releting to Indaetrial hyQlene ar environmentel protecdon(call�ir,Nvpry�efflrrad to here:n aa"Ernironmental Lewe"►.Truator shell I �
<br /> keep the Properly free from all aubstences deemed to be hazArcloun�r to:�iu under any Environmental l.nwa(collactively reterred to "`
<br /> haetn ae"Hazardaue Materlela").Truator herehy werrante end repre�nnnin to Lender that there are no Hezerdous Meterlete on or °
<br /> " under trie Proporty.Trustor hereby egrees to Ind�mnity�nd hold linrml�nn l.nnder,Its diroctore,o8lcere,emryloyees end agentR,and �
<br /> .. , I eny eucces0ore to Lender's Intereat,from end upnlnnt any and ail r,Inimn,damagay,losoes and IIabIlitleu ari�ing ir�connsctlon Wilh f �
<br /> ' ' the presence, uee, dlapaaal or trenaport o}eny Hazardoua Mraterinla on,under,from or about the Proparty.THE FQREQOIN(3 -
<br /> . �� WARRANTIES ANp REPR�SENTATION3,ANO TRd1STQR':3 OBILIC�ATIZINS PURSUANT TO THE FOREt301Nt3 INDGMNITY,$HALL
<br /> -• SURVIVE RECONVEYANCE OF YHIS pEEO OF TWUST.
<br /> „ - - � . 10. Awl�nm�nt of R�r►b.Truetor hereby aeaignn to L��ndor thr�renin,ionuos end protits of the Property;pravlded tYi�t Truator
<br /> � �� �� shall,untll the occurrenoe of an Event ot Default hereundor,hnva th�riflht to collnct and retaln such rents,lenuos ond profita as they �
<br /> � become due and payable.Upon the occurrence of an�vant of�otault,l.c�ndor may,elther in person or by agent,with or without �
<br /> brinping any aodon or proceeding,or by a receiver appolnGnd by a c�u�t nnd�vithout regard to Ih�adequecy ot ite securlly onter
<br /> upon and take possassion of the Proporty,or nny part thurec�f,in It�own n�mA or in tho name of the Trustee,and do nny acts whlch It , .
<br /> deoms neceasary or dealreble to preserve the valuo,mnrkotnbllit�i or rentnblHty ot tho Proporty,or any pert thereof or Interestthareln,
<br /> increa9e tho Incomo theretrom or protect thq encurih�h�r�a}nnd, �vith or without taking po�oesslon of the Property,ouo for or �{ .
<br /> otherwis�collect the renta,Isoues and protfta thursof, InGludlnp thuse�not duo and unpaid,and apply thc�semo,less costs and '
<br />• expense9 ot operation and collecUon Includinp flttarnoyo'fepe,upon�ny indcb!ednees seeured heroby,all In auCh order es Lender � , �;,, ...
<br />_ may detormine.The ontering upa�and taking poa�oauion ot th�Pro�orty.t?�o collectfan of euch rents,tssuos and protita and the �ti:��%`;
<br /> appUoatfon thereof es a(oresald,ahall not cure or wAivo any dQfault or ne:ico 01 defaWl hereundor or invnlldato any aCt done In . . j�'�"�. ;;.::=
<br /> ;� roeponse to such detault or pursuent to such nottce of dotnuli»rd,notuithstanding the condnu�nce in possssslon 4f Cho Proparty or � : :�'-'a=-_� _
<br /> � �!:.�r .-
<br /> the co::ectlon,receipt end applicetlon of rents,Issuea or protics,and Trustee end Lendor ehal e be entftted to exerCise�very right ' '•�:.-
<br /> ,�v,•
<br /> • proviaad(or in any of the Loan Documente or by law upon occur�once of any Event of Default,Includin4 without Ifmita±it►n9�s rightta �'�' " r=----
<br /> ;�`- exerctse the p�wer of eelo. Further,Lender's rights end remedies under 4his paregraph shall be cumuletive with,and in no way a ;• ' �j;�:
<br /> � • Ilmitation on,Lenders rlphtsend remedlos underanyessfgnment of Ieasesand rents recordedagafnstthe Proparty.Lm�3der,Trustse E�_,�,;,_•�`—a°��'-
<br /> `"" and the recetver ehall be Ilable to account only thase rente actually recelved. �.R�'��-__��
<br />_ 11. Er�nb ol DNauH.The following shall conatitute en Event oi DeTault under thia Deed of Trust �+,,
<br /> fIH1+a-"_",.L���^-._�
<br />- . „ (a) Fellure to pa y an y Ineteilment of principel or interest oi any�ther sum aecured hereby when due; �cN;°--:.
<br /> " (b) A breach of or default under any provision containad in the Note,this Deed ot Trust.any of the Loan Documents,or any I:�..}�:�.
<br /> - othe►Ilen o►encumbrance upon the Property: �-'-°'"'�-'- .
<br /> (c) A writ of executlon or attachment or any similar process shall b3 entered agalnat Trust4r whlch shall become a Ilen on �•=--°_ '-��
<br /> the Property or eny portion theraof or interest therein; '���
<br /> A P��_
<br /> (d) There shall be fllad by or agelnst Trustor or Barrower an action under eny present or future toderal,aiate or other _
<br /> _ . 4�A}I,)IQ��aw nr vaV�ilntl�n rwletina to benkruDtcy.insolvenCy Or oth�r telleS f0�dBbtOB:or there ahell be appointod any trustee, _�, � •s:
<br />_ l recelver or Ilquldetor ot Trustor or Borrowor or of nll or�ny paA o1 tT�e Property,or the rents.Issue9 or protita thereof,or Truator -
<br /> 1 or Borrower&hall make any general assignment for the benatit cf cradltoro; �'�
<br /> � (e) Tho,sal�,trensfer,Ioaeo,asslgnmen� conveyance or further�ncumbrence of all or any part ot or any Intereat Iro the
<br /> Property, eithar voluntari{y or Involunterlly,wlihout the express wrinen consent ot Lender; provided that Trustor ehell be
<br />- permltted to execute a lease of tho Property thnt does not contnin nn option to purchasa end the term of whlch doas not exc�ed
<br /> one yersr, '
<br /> � (� Abandonment of thu Property;or pr° `
<br /> � (g) If Trustor Is not an Indlvldual,tho Isauance,eale,trnnofer,asofgnmon�conveyance or�ncumbrAnco ot more than n tot31
<br /> �• ot.�_percent of(If a corporetlon►ita loaued end outstanding 3tock or(If a partnershlp)a totul of__. percent of
<br />- ' p&rtnership Interesta d�fring the period thla Deed of Tru3t remafns a Iien on the Proporry. ., 4,� ',
<br /> � 12. Rsm�dlM;Acc�lsratbn Upon D�tauit.In tho event oi any Event of Default Lender may,wlthout notice except es r�qulred by ��;�:
<br /> law,declare ell indebtednesa aecured hereby to be due and payable and the sama shall thoreupon bocome due and payablo ;.<<�_.,,
<br />� wilhout nny presontmont,demand,protest or notice of any kind.TherexRer Londer may. '��='--
<br /> � (a) Domand that Trustee exercisa the POWER OF SALE grented herein,and Trustee sheU thereafter cause Trustors '•'�"'�' �_._
<br /> Intorest in tt�a Proporty to be sold and tho proceods to be dl8tributed,all In the mpnner provided In the Nebraske Trust Doedo �'""`�._ f.r=
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<br />_ (b) Exercise any and all riphts provided for in uny of tho Loan Documents or by law upon occurrence of any Eventoi Detault; �,a�}t�,_�_
<br />- .. .._, •_ and ,... �r�.-`�---.z�
<br /> r�.:.•� ._.
<br />� . a � (c) Commence an acUon to foreciose thls Deed oi Trust es e mortgnge,appolnt e recelver,or speclflcaliy eniorce any of the ,,,;•�� -_-----
<br /> ;� covenents hereoL �, :�:�r, P�'�'
<br />_ � No remedy herein conferred upon or reserved to Trustee or Lender I�Intended to be exclusive of eny other remedy hereln,In the ��'`;:.
<br /> "�- LOen Documents or by law provfded or permttted,but each ahall be cumuletive,shell bo in nddition to ovory other romedy given ,�'� `
<br /> � her�undor,In tho Loan Documents or now or hereafter existing at law or in equity or by statute,and m�y be exercised conCUrrently, •' -'� " "
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<br />- ' : �ndependently or successlvely. � ."�'�'
<br /> ��`��� 13. 7rustN.The Trustee may reslgn et any time without aause,and Lender may at any time and without cause appuint a • .
<br />° auccessor or aubstitute Truatee.7rusteA shall not be Ilablo to eny party,including without Ilmltetion Lender,Borrower,TruBtor or eny • .
<br /> purchaser of tlto Property,for eny loss or damago unleas due to rQCkloas or wiliful misconduct,and shell not be requlred to teke ar.; .
<br />- actlon in connoctlon with the eMorcement of thle Deed ot Trust unleso Indemnified,in writing,tor ail casts, compeneation or
<br />" oxponses whlah may bo easocfatod therowfth.In additlon,Trustee mey become e purchnserat any sale of t�e Proporty�udlclal or
<br />_- undor 4hu power of sale granted herein);�ostpone tho sale o4 all or any portion o}the Property,as provided by IAw;or Bell the I
<br />-- Pro�erry as a whole,or In separete parcels or iots nt 7rustoo'o dlecretlon. � �
<br /> _ 14. Fe�s anG E�p�ntN.In the event Trustoe�ells the Property by exercise of power of eale,Tnistee ahell be entitlod to epply
<br /> • any sals prxeeda flret to payrront of all costs and oxponeos ot uxercisfng powor of sele,Including ali Yru�tee'e feos,and Londer's
<br /> and Trustee's attornvy's feea,actuully Inaurrud to iaxtent permltted by applicabto law.In tho avont Borrov�or or Trustor exercissa ony
<br /> - rlgM provlded by law to aure en Gvent ot Dofaulb Londur ahnll ba r3ntltied to recover trom Trustor all costs and oxpensOS actuully !
<br />- incurrod ae p rasult of Trusto�'s detault, Including wlthaut Iimitatlon all 7rustee's and attornoy'o tees, to the extont�armittod by
<br /> epplicablo law. •
<br /> tb. Futun Advanoe�. Upon roquest of Oorrowor, Lendor muy,et ita optlon, muke additionel end tuture udvances and re- ,
<br /> edvances to Borrower.Such udvances and readv�ncus,wfth Interest thereon,shall be secured by thls Daod oi Trust At no time shail ,
<br />° --�=- tnn nr►n�►ru,t amount of tho Indebtedness socurad bv thla Deed ot Trus�not InCluding euma edvenCed to protect the security of thiB
<br />_ -------- _._�.. .-�- -
<br /> - Dood of Truat,exceed the orlglnal prinalpal emount statad hervin,or$ lA�►.f�?L��Aa whichovor Is groater.
<br /> - 16. MfecNirnea!�ProvlEl�fn�. _
<br /> (a) Burrowe Not RN�a:�d.Extenslon of the time for paymont or modlticatlon of emortizatlon ot the sums 8ecurod by thls
<br />�z5� Deed of Truet grented by Lender to eny succeasor In Interast of Boreowor Bhnli not operatu to rolease,In any manner,tho Ifnhllity
<br /> -_ �� of the origlnel Borrower and Borrower's successors In fntere�st.Londer aholl not be requlred to commenco proceedinga egafnst
<br /> °`� ' - - _�.��_�.._......-...«�.....�'.....::5���.....d�A.�...�.��...H..n n1�ho m�mo eoninnfl hv thla flnoii nf Tnwt �
<br />-�—._- .___ -- ouvi�oUGGobbv��� �oiuooiGonio�w.n..v�...No�.��.,.....� ..... ��..� . ...�� _.. ....-' --.". .
<br /> ` � by reason of eny demande made by tho originnl Bo�rowor end Borrower's successors In intarest.
<br />'�� � '� (b! Ltndsr'� Povr�n. Wl4hout ettocting tha Ilnbllfty o} any other person Ilablo tor the payment of any obllgatton horoln
<br /> �"� �_-�� -- menttaned,and without oifocting tha Ilen or charge of this Daod ot Truet upon nny portion oi the Property not then or therototoro
<br />�„ �___.
<br />� released ue socurity for tho tull amount of all unpald obllgetions,Le�ider may,from timo to tirno snd witho4t notice(f)roleae�eny
<br />:� person ao Ilnblo,(f I)extond the maturity or elter nny of tho torms of ony sucli obllgatlons.(Ilf)grent other fndulgences,(iv)reloase
<br /> .. or reconvey,or c�uso to tre relaesed ar reconvoyed at any tlmo et Lender's optlon any parcel,portton or oll ot thu Properry.
<br /> -- . (v)fnke or rctlease any ather or addltlonal securlty for eny obllgation hereln montlonod, or (vf)make compoaftions or othor
<br /> — arrnngements wlth debtors In reletlon thereto.
<br /> ,
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