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<br /> unclar the Property..Tru�tar hnr+cby AQrs�eeto Indemn�iy nnd hold hst�rmlees L�nder,itadireatoro,ottfac�ra.e��rtoy�A�nd e�n2e�,u►d - ��
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<br /> _ _� ppy����•np�c�?q�8 th}-�1�1tSd7'n Inter�sL 1�or,�ur+ci a;�ai��:.i E,��y u��si���G!:�:^.:,�._..r..�,---,�I..•,,a e hd 11nb4tl�les�rlain�ir�cann�cdon w� t _. --
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<br /> - -- tha prs��ce,uM,dl�pa�{oc transpQ�t ot any Hexerdnus T�uia�i�ia��;, u��....r, om a:�.._ui�... f'r�F^:?l.i'�HF F�uLr,n� ra _
<br /> WARHAt�T1E5 AND R@PRESENTA?IONS,AND 7RUSTOR'S 08L1Q�171C1NS PURSUANT TO THE FOREQdIN41NqEMN17Y,:�1iAt.l.
<br /> .� uURV1UE R6CQlJV�YA�lCE O(�THi9 OBEa OF TRiJ3T.
<br /> j�. tp,�seip�m�t p�penle,TruAtar hereby aselgna to Lendar tha rante,lsauea and prof!4s of the Prnporty:provicied thal7ru�Wr
<br /> at�xll,u�tll the acourrence of an Eventot Detault hereunder,have the�ight ta callect and retain such rer�ts,I��uee snd profitb as titipy
<br /> becorr�e due�nd peyabte.lJpon the occurrence of an Event of Defautt,Lendar m�y,eithor In person or by�a�ent,wlth or without
<br />_____ ______- brinylnp any actton or pruceedlnq,or hy n Yocelver appolnted by a court anc�wilhout raperd to the adoquaey at Ira eecurlty,enter
<br /> upon and taks poaa9eslon oTthe Proper'ry,or eny pe�ttharcat,In fta oe�n nemo orin ihe name ofEhe'9'�uatee.and do any actowhlch It _
<br /> deema neceaeary ar desirahie to presNrvelNe v�fue,marke2abtlity or rentabilliy otthe F'roperty.or snypart tharaoi or Int9r�stthereln,
<br /> Increasa the Income therefrom or protsct tho s�curity heroof ert@,wifh or without taking poASeselon o1 the Prope�ty,sue for or
<br /> - otherwise Collect the ront�,Issuos and proflts thereot,Including th�s�past Bue and unpald,snd epply 1h2+aame,less cost�and
<br /> � exponses ot oparallon and coliectlon Inctudinp atYorneys'fees,upon any indebtedness souurad horeby,all In euah order ae�ender
<br /> ---- mey detormine.The entoring upo�and teking possosston of the Property,the callectlon ot auch rants,iasuoo and proflts and tha
<br /> app�lcatlon thereof as�Sorosaid, shell not cure or welve any defauii or notiae of delault herpunder or tnvalldato any act done fn
<br /> reeponsato euah dotau114r pursuanit�auch notice of defeu{tend,natwithstanding the contlnupnae In pn�aesston olthe Property or
<br /> "--��"' f1�e aoilectlon,reCelpt and apaltcaiion oi rerita,Issus;.or profit9,And Trustee�pc�l.�ndar shal{ho entltled to exerclse every�I�ht
<br /> " provided4nrinanyofth9LoenDocumentsorbylaaruponoccurreqneolanyEyant�otQetault,lncludtngwith�u411mitationtherlghtto
<br /> oxe�cise tt�o power of sale.Further,Lender's righte and�emedles under thie paragraph shall be cumutstl+to with,and In no wny a
<br /> ° "�'"`�°''°'��' Ifmitntlono�,Le��der'srijhtsandremodte�undersnyassipnmentotlensesandrentsrecordedagainsFthePrOperiy.Lender,Truatee _ _
<br /> -__°-°�°�°' a�d the receiver shall ba Ilablo to aCCpunt oniy those r�nts aciuc,tiy rn�afved. �^��-
<br /> -_ -�°�i�,. 11. ��t�ants of D�tiuit.The(oi►owfng ehall constltute en�vent pf Deta.uti under this Dood At 7Nat
<br />-°��=-��'`� (�) Fallure to pay any In�tallmont oi princlpal or Interest of any other aum secured hereby whan due; �.__
<br /> _,.— = (i�) A bresch of or dAfault undereny provfsion containe�d In th�Note,this Deed of Truat,anyof thel.oan Documente,oreny
<br /> ather Ilen or encumbrance upon the PropertY;
<br /> _-�'��"r�. (c) A wrlt of execuclon vr attachrnent�r any elmllar process shalt be entered agalnstTrustor whicb shall become a Iten on �a^,-
<br />_ --m��:Y,� tho Property or any portlon thereof or Interest thereln; ___
<br /> ��� (d) There shall be(Iled by or agalnst Trustor or Borrawer an actlon under any present or future tedoral,stata ar other —
<br /> � .,....,.,�sy��•.,nfl�4rn.mtr.y,insolvency or other rellat br dobtqrs;or ther�shall be eppotnted any tru3tee, w�-_
<br /> �>---�°-'-,c--� oiciiiiv�iB�i iiT ivyu�u...............n'---- _-'..
<br /> `-��:; icublitoi O:1�qtild�lot o!7su°_*.e�2r pnrmwor or af all or anY PArt ot the Property,Oi tflB�8(1t9,ISSU@S Of pfQttt9 YltHftlui,4�T�uetGi 4 _^__
<br />';-f���=�='�;. or Borrower shali meke any general assignmont for the benefit of creditors; _
<br /> -n�?�rh� (e)The,sale,trenafor,lease,asaignment,canveyance or further encumbrence ot all or any part of or any interest In the R=�=
<br />-.:-'r?��• :�,,- Property, elther v0luntarfiy or Involuntarily, wlthout tha express written conaent ot Lender,provided ihat Trustor Rhall be ��,
<br />�='���`��"• pormlttad to execute e leaee otthe Properiy that does not contaln an option to purchase and tho term of which doas not�xceed _
<br />�-�+t���,i;. .a,. one year,•' ,�.�,�
<br />:=-__�s.rrc;_•:;��� --
<br /> -- (� Abandonment of the Proparry;or '��
<br /> _ _�_,�,��,r (g) li 7rustor is natAn indlvidual,the isouance,salo,transtar,easignment,conveyance or encumbrence of more than atotal n
<br /> ' �+N -�� oi,�—percent of(it a carparotlon)Its Issued and outstending stock or pf a partnership)a total of percent o}
<br /> `- ' � p8rtnershlp Interosts dJring the porlod thla Deed of Trust romnins s Ilon on the Propor4y.
<br /> -- '"--;��#•' 12. ftem s d{��;Acc Men t l o n U p o n D e t e u l t.I n t h e e v e n t of an y Event of Detault Lender may,without notice except ae requlred by •
<br />`��t`�'•�b-• a�
<br />;�••:� ;�•.;�� law,declere ali Indobtedness secured hereby to be due and peyeble and the same shall thereupon become due end payable
<br /> ����'`'���<<, w(thout any presentment,demand,protest or notice ot eny kind.Thereafter Lendor may:
<br /> "�" =�z�r., (a) Demand that Trustee exercfse tho POWER OF SAL� granted hereln,and Trustee ehall thoreafter cause Truator's ,
<br />"`�'`'`.`"'=�� �� Interest In the Property to be sold and tho proaeeds to bo distributed,all In the manner provided In the Nebraske Trust Deedy ;;
<br />;�:_,;;.,.,.,�-�: .:
<br /> ,��+ Ac� ....
<br />—_--�-_ (b) Exercfse any and nli rights provided tor In any ot tfie Loan Documents orby law upon occurrance of any Event oi Detau�t;
<br />_v��:::�'��� , and �
<br />_ -.-.--,.,. (c) Commence an aotion to toreclose this Deed of Trust ea a mortgage,appolnt e receiver,or apecfticalty entorce any oi the
<br />'°� ,:�i.•'• covenants heroot. �
<br />'•°`;;;�':` No remedy hereln canterred upon or reserved to Trustee or Londer Is Intonded to be excluslve of eny other ramedy horein,in the
<br /> `��^� Loan Documents er by law provided ar permitted,but each shall be cumuietiva,ehalt be in addttlon to every other remedy gfvan
<br /> -� � hereunder,In the Loan Documents or now or hereafter exfsting at law or in squlty or by atetute,and may be exercisod concurrentiy,
<br /> ,:�.
<br />::�;�.., �r,
<br />:_;��_.,.;;:-;,, Independentlyorsuccessitely.
<br />:_����:-;�•��'�. � 13. Truttee.The Truatoe may reslgn et any timo without cauae,and Lender may nt eny time and without aauso appolnt a
<br />"� <<,.. .
<br /> ,'���;a,i„�,:,;,, succes�or ot aubstitute Trusteo.Truetee ahall not be Ilable to any party,Including without Ilmltation Lender;8orrower, rustor or 8ny
<br />_ __ � ,�1 . purchasor of tFte Property,for eny loss or damagA unless due to reckle9s or wllllu 1 mlaconduct,and ahell not be requlred to take any
<br /> s--_��z;!�.-, _.
<br /> _ __,,_.;;,,N, action In connectlon with the oniorcement of thls Deed of Trust unlssa Indemnifled, in writing,tor ail costs,compeneat on or
<br /> � �-`�"�: � �i expenses which may be associatod therewith.In addltion,Trustae may bacome a purchaser at any sale oi tho Pro�erty QudiClel or
<br /> � � ���� under tho pawer uf sele granted heraln);postpone the sale ot all or any portion o4 the Froperty,as providod by lew;or oell thu
<br /> w�+'�.�-•�� Proparty as a whole,or In separate parcets or lots at Truetee'o dlacretfon.
<br /> +�.- y.��•......,R _
<br /> ,:::�., 14. Fee�and F�cpens��.In the event Trustee aells the Property by exerciso of po�ver of sale,Trustee shail be ontitled to epply
<br />� '��� .�'-�C eny sele procaeds 11rst to paymentof all coste end arpenses of oxorcising power oi sele,Including ell 7rustee's foea,and LendQT'e
<br />- ,Y '�`�•,��� und 7rustoe's attorney's feos,ectually Incurred to eMent pormitted by eppllcable lew.In the event Borrower or Truator exerci�es any
<br /> =•:r�a:�'?'�:•;'.�t" right pravidod by law to cure an Event of Default,Lender shall be entittod to rocover irom Trustor all costs end oxponses ectually
<br /> °='�`y"''`'�� incun�ed as n rosult of Trustor's dotault,including without Ilmltatlon all Truetee's and ettorney's teea,to the oxtsnt permitted by
<br />" .��T'r'°•Cr%55: . r.
<br /> .{ `'':"�`'' ePPlicBbfelAw.
<br /> � 16. Futuro Aa�vtsncQa.Upon requese of Borrovlor, Londor may,et Its optlon,mAke addltlonel and future advances end re-
<br /> - ndvancc�s to iio►rower.Such edvancea and readvencos,with intorost theroon,ehnll be secured by thla Deed ot Trust At no time shall
<br /> ' , ��.�' � tho princlpa!nmount of tho indobtedness socu!ed by thla Doed ot Truat,not Includin oums advanced to protect the seaurity of t�ls
<br /> •.e.....,..�..��...z���.,ni omnunt atated hereln.or$ 16 000 10 whlchever Is grAater. �_
<br /> ��.��.;T ..�.....�-� tJGGY Yi iiVaA anvwv••v r..p......�-..._.�_._.. '' ___.
<br /> - 18. iYt[:ccf�a�:rsa:s Pra��gtt��ra.
<br /> ..���.,..�.
<br /> (n) Qurro�var Ne!Reteased. Extenslon ot the time tor payment or modtiicatlon of emortizatfon ot tho suma securad by this
<br /> �� •�- Deod af Trus4 granted by Lender to eny successor in Intorost of Borrowo�shall not operate to rolease,in any manner,the Ilnblllty
<br /> ...;,•,�.. ;Y of tho original Borrower and Borrower's euocessors fn interest Lendar shnll not be required to commence proceedings againa4
<br /> ;;,;V-;;:,;_:' uucl�aucces�or or retuse to exlend time tor paymont or otHerwiso modify arrsortlzatlon of tho sums secured by this Deod of Truat
<br /> �•>z .•�•� by reason of any domand3 mado by the original 8orrower and Barrower's sucaessors In Interest
<br /> N` ' - `� (D) Lctnd4r'�Pow6re. WOhout effecting the ti�bitity ot any other person Iiabte tor the payment of any obltgatlon hereln
<br /> = ,� •��- -'� mentionod,and without ati�cUng the Iten or chargo of thle Oeed of Trust upon eny portton of the Property not then or tharetotare
<br /> � � ro�eRSed�as security tor tho tull amount ot all unpald obllgatlons,Landor mny,lrom time to timeand wlthout notice(I)releaso any
<br /> , • .,y , parsan so Ilablo,({I)oxtend the maturity or altor sny ot tho terms of eny such oblidaitons,(111)grent other Indulgences,(�v)rolease
<br /> ., �,� t, or roconvey,or caueo to be rolQased or rocor�veyad at any time at Lender's option any parcel,portion or all ot tho Prope►ry,
<br />-';_;.`_�.y,,.- �,� ,�. (v)teke or rolease eny other or addtt!onal oecurity tor Rny obUgatlon herein mentfoned,or(vi)make composftione or othor
<br />`;:��:�^°�i��;�: prren�ements with dobtors U r0fatlo�y thereto.
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