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<br /> �,'� �7. Emin�M Oomatn.Lender lo hereby asalgned oli oompenaation,awarde,damagea and other paymenta or reltef(hereinanet
<br />-�`"'`�" "Proceeds")in aonneotlon v�rith aondemnatton or other taking of the Proparry or part thereof,or tor aonveyanae tn Ileu of condemne-
<br /> „ �-°�� tlon.Lender ehall be entltied at Ita aptton to aommence,appear in and proaecute in ita own name ony uatlon or proceodirt�,and
<br /> ehali atao be entltled to make any compromise or settlemont In connaatton with suoh t�kfng or damnge.ln the event any portton of
<br /> •� `�� !he Property la so taken or damaged,Lender shail have tha option,in Ite soie and abaoluta dlscretlort,to appiy all suah Pvoceede,
<br /> after deduoting therefrom all aosts end expensea Inourred by It In aonnection wNh euoh Proeeeds,u9on any Indebtedneda aeoured
<br />_r;�;,��• hereby and In euch order ae Lender may dotermine,or to apply all suoh Proaseda,atter euah deduaUos�s,tp the reatomUon ot the
<br /> :r�• �-,.� P�cperty upon suoh condlUonsae Lender may determine.Any apptioation of Prcceeda to indebtedneass ehall not extend or poatporte :_
<br /> � the due dnte of eny paymente u�dar the Note,or aure any deteuit therounder or hereundor.Any unepplled tunda ehali be patd to
<br />�� Trustor.
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<br />��,� 8. P�rlom�ane�by 6�nd�r.Upon the occurrenao af an Evont of Oefeult hereunder,or i t any a a t ia m k e n o r t e g e!p ro c e e e l i n g °-
<br /> .,,=.,;,a,� comm�nced whlob materlaily atfeate Lender's Utereot in the Property,Lender may In Its own dlsoreUon,but withaut obtlgeidon to do
<br /> s o,a n d w i t h o u t n o t i c e t o o r d e m a n d u p on Yruetor a�d withou4 relessing Trustor from any obtlg�Uon,do any aat whioh Trustor haa _;�•
<br /> 'Faa._''.:,��" :�--.
<br /> a�road but taila to do and may aiso do sny ather aat it deems necesaary to proteot the aecurity hereof.Truator a h a i i.Imm e d i e R e t y
<br /> ��:��'.L�.� upon demand theretor by L,ende�,pay to Lender a�l coats and expenaes incurred end aums expended by Londer in conneoUon with ��;
<br /> ��`:��;��.� the exerclae by Lender ot the foregolnp rippts,together with interest thereon at the detault rate provided in the Note,whioh shaQ be ��_
<br /> -.w�w:� adAed to the indebtedneaa eeourai i�erei�r.Lnr��;a;a�aL'nat lnacss�;1l�IIIN��ea����t anythtnn it may do or omtt to do ���-:
<br /> �-_�,�:�,; hereunder. �a_
<br /> ,.�:��� 9. Mwrdan Mabri�b.Trustor ahali keep tha Properly in compliance with rilt apptioabte Iawa,ordinancea and repuiattana _.
<br /> retetlnp to tnduatrlal hyglone or environrr�entat protectton(ao0eatively refened ta herefn as"Envlronmental Laws'�.Truetor ahait �,.�__
<br /> = �:�.� keep the Property iree hom aQ eubatancea deemed to be he:ardous or toxio under eny Envlronrreontal Lewa(colieodvoty refened to �,_;
<br /> --- herotn ae"Hezardous Materiais").7ruetor hereby warranta and repreaents to Lender that there are no Hazardous Materiats on or �y.
<br /> - under the Properly.Truawr hereby ap�ees w indemntry and hold harmteas Lender.ita directore,otticere,employees and asents,nnd ■-
<br /> "�" any aucceaeore to Lender's�Mereat,trom artd against any and all ciafma damagea,lossea and Itabili�ea ariaing tn canneatl�n with �,_
<br />�=�.�:�:;ida the preasnce,use,dlaposai or transpoft of any Wezerdaus Matorluia on,under.from or ebout the Property.THE FORE�OINQ r
<br />°�`=�;'� WARRANTIES AND REPRESENTATIflNS,AND TRUSTOR'8 OBLI(�ATIONS PURSUANT TO THE FOREQOING INDEMNITY.$HALL -
<br /> ��;:
<br /> ;;a;-, 8URVNE RECONVEYANCE OF TH13 DEED OF TRU8T.
<br /> .;.,�;::�� 10.AatBnmmt of Rtnt�.Truator hereby assigns to Lender the rente,issues and proflta of the Property;provided tAat 1Yuator
<br /> shait,untlt Me occurrenc�of an Event of Detauit hereunder,have the dght to colieat artd retein such rents,issuea and proifte as they ��•�
<br /> _-_�„� become due and payabte.Upon the ooaurcence ot an Event of Detault,tender may.etther In peraon or by apent,with or without —
<br />=� �' brirtpinp any eaUon or proaeedin�,or by a reaeive�appolnted by a caurt and without regard to the adequaay ot ita seourity,er►ter
<br /> �_;_� upon and take possesston of the P�operty.or any part thereot,in ita own name or in the neme ot theT�uatee,and do any sota whlaA tt -
<br /> deems neceaaary or desiraDle ta preserve tha velue,markembitity or rentabiiity ot the Property,or any pad thereof or Interest therein, _
<br />`�"�� inc�ease the income theret�om or protoot the seaurity hereof and,with or without teking poaseeslon of the Properly,sue for or --
<br /> otheMrtse colleat the rents,isaues and profits thereat,inciudinp those paet due and unpal�,and appiy the seme,teae eoate und .-
<br /> � expenses ot opera4lon and colteatlon inctuding attorneys'teea.upon any indebtedness se¢ured hereby,all in auoh order aa Lender
<br /> may determine.The entering upo�and faking passesafon of the P�oparty,the colleadon of such renta,issues end proflta and the
<br /> °°- ���y��yre;�a atofasald,ehall�ot eure or watve any detauii or noUco of deiault hereunder or irnatldet9 any act done in
<br /> � response to suah deisuit or pureuant to auch notice of delsuit and,notwiMsmndirtg the contlnuanca in posaeaafon of G�s PrWe�'y or
<br /> the coltectlon,receipt and aautioation of rents;i8�sues or proftta,and T�uatee and Lender ehali be enUded ta exeratae every dpht
<br /> '-� provtdedfor{nanyofthoLoanDocumentsorbytawuponoccu►renceofanyEventof0efautt,inctudingwithoutlimitationMertpMto
<br /> exarciae the power of ente.�urther,Lender's rtghts and remadies under thia paragreph ahall!fe oumutative with:'��d In no way a
<br /> - Umltattonon,LenderarigMsaredremedfesundaranyessi8nmentotleaaesandrentarecordedagainattheProperiy.Lender.Truatee _
<br /> _._°�� and the receiver shei!be liable to account only those rents actuatly reoaived. _
<br /> ----- 1 i.Sd�ts of DMaull.Tho foliowing ahaU conSUtute an Eva�t o4 Detautt under thia Deed ot Truat -
<br /> - (a� Faflure to pay any lnstallment of prinolpal or fnterest of any other aum seaured hereby when due;
<br /> -- --J' (b) AbreachofordefaultunderanyprovlsloncontainedintheNote,thfsDeedofTrust.enyoftheLoanDo�umants,orany
<br /> --�--===° other iten or encumbrence upon Me P�pertlr;
<br /> -- - {c)A w►k ot execuUon or attachme�t or any simllar process shall be entered against Truator which shali becorrte a lien on
<br /> the P�operiy or any portlon the�eoi or Interest thereln;
<br /> (d)There shall be iftod by or against Truator or Borrower an actlon under any present or future federal,stete ot other
<br /> statute,law or regutatlon relaH�p to bankruptcy,insa►venay or other reliet for debtora;or there shalt be appolnted any trustee.
<br /> - - ,,teCehreror N utdtto�of Trustor or Borrower ot of a�i or any part of the Property,or the�ents,lesuea or proflta thereof,or Trustor
<br /> � Q�Bottowei'�ti�ll m�ke gny general;�sBi�nmerit for Me benettt of creditoro; �" � '' '�`
<br /> . °'` ,(ei Thd�sale,trenafer.laase,aeatg�r�anL c¢riy@yance or fuRher encu Dter�e of a11 or anr pa!t of or any iaterest in the
<br /> P r o p e r t y,e l t t�e r'v o l u n t a�i y o r I n v o t u n t a r l l y,"without the ex presa written�oNSent ot Lender, prOvtded that Trustor ehaq be
<br /> . permitted to exocute a Iease of the Property that does not contain an option to purchase and the tenn o f w h ic h dces n o t e x c e e d
<br /> one yaar, •
<br /> Abandonment of the Proporty;or
<br /> j � ''7�r(�) li 7'ru3tor is not an indlviduel,the issuance,sale,transter,asafgnment,conveyance or enaumbrance ot more than a Wffit -
<br /> — ot�—percent of Qf a corporetlon)Its tssued and outstanding stoek or(If a partnarahlp)a total oi percent ot
<br /> p8Artership irrteresffi d�i►irtg the perlod thts Oeed of Truat remeins a lien on tho Property. _
<br /> 12 R�dUs;AceN�ation U�pbh Qitaut�M the event oi ehy EvAr1t o1 Detault Lende�fnoy,wlt�out noUce except as required 4y _
<br /> = taw,dectare ett tndebtednesa secured hereby to be due and payabte and the same shali lhereupon 0ecome due and payable
<br /> without any presenhn�nt,demsnd,pro4est or notice ot any Wnd.Thereafter Lender may:
<br /> -- (aa �emand that Trustee exercise the POWER OF SALE granted herein,and Trustee ahati thereafter cause Trustor's _
<br /> - - - interest tn the Propertyto be aot0 and the proceeds to ioa distribut�d,ail in the manner provided in the Nebraska Ytust Oeeda __
<br /> _-���-__ A� �
<br />_�>�:�:�� (b) Exerct�bahyandallrightapro4idedtorinsnyoftheLoanDocumentsorbylawuponoccurrenceofanyEventotDefaul� �._
<br />-��,:%�z+ and int a receiver,or epea�flcalty en rce any ot the E�:
<br /> � ;_::�1 (c) Commar►ce an aatton to torecloae thla Deed ot Tn,st as a mortgage,appo � ___
<br /> =-_�-=�"" covenanta heroot.
<br /> �'.�� No�emedy herein cdnferred upon dr►eserved to Trustee or Lender la tntended to be exclusive ot any other remetly herein,in the ��.�
<br /> °'��� Loan Qocumerna or by!aw provtded or permitted,but eaah shall be cumu�ative,sMall be in addition to eve�y other remedy given �`.'
<br /> �-`"'-� hereunder,in the Loari Docur�,erds or now or hereaiter exisUrtp at!aw or in equity or by atatut�,and may be exercised coneurrentty.
<br />''��
<br /> indepertdentiy or successively. '
<br /> � 4�� 13.Trusts�.The 7ruste0 may resign at any Nme without cause,and lender may at any time and without oavse appolnt a
<br />}-�`�� successor or substftute Trust�se.Truatee ahail not be Ilable to eny party,Uciuding without Ilmitatlon Lender,Borrower,TniBtor or any
<br /> ��J�V�I�wN�a�Aw����4I��A�O�fO011V �':.
<br />- = "�-_� purchaser ot tHe Property,tor any tosa or tlamage umess due io reaicieaa vr wiiiC����d�.o��:.��..a��..�.�........--.-,-..-------.,
<br /> :=M1T:::�:'
<br /> ;�=-�.;x�n,, actton In cortneadon wiM the eniorcemen!of thts Deed of Trust untess Indemnitied,in wridng,for aIi costa,compensadon or
<br />•;'ahyp��:� expenses whtch may be associated therewith.In eddltion,Truatee may bocome a purchaser at any aele ot Me PrOperty Uudicial or
<br /> - �-.*:j�.. undet the power of eate granted�erein�;postpone the sale ai ail or any porNon ot the Property,as provlded by Iaw;or seil the
<br /> �_ �'��?;".�� PropOrty as a whole,or In separate parceis or Iota at Trustes's d�scretion.
<br /> � � 14. Fe�s and Expsasae.In the event Truatee se�is the Proporty by exercise of power oi sale,Trustee shall be enUtled to appty
<br /> `` �� any sate procoeds Nret to payment oi ati costa and expenses ot exerclsing power of saie,including all Trustee's tees.and Lender's
<br /> • � and Trustee's attorney's fttea,aotuaity Inaurred to extent permltted by appiiceble law.ln the evont Borroe�er or Trustor exercises any
<br /> � '�� `- dght provided by taw to cure an Event of Default,l.ender shall be entiried to recover irom Trustor all costa and expenaes actua�ly
<br /> ��' `�u•��� irtcurred as e result of Trustor's detaulR 1ncluding without Iimitatlon all Trustee's and attorney's fees,to the extent pennitted by
<br /> �':�;''' applicabie law.
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