|
�„�e4.���.a,aniiWoiaSW.j�� ,i �4.�ri. r.il��t '�.�:° �i7i,_ __.2.,7���•. � i . . ,•
<br /> ,.i � � � �Tr—;..i ti�l jt"� c�3,v '1 . , • ` � j -� ;9
<br /> ,__ .I- � ��`�� .
<br /> t 1�:.. ..._ .. . �' i N, )1 . i
<br /> y .
<br /> � , �� , �, ,}��;,' �: I
<br /> � �1` �:s.. __ , t• i!. �
<br /> j,.��,:.�.;
<br /> ,''. ��� . , • �
<br /> n ._
<br /> �. . .., ,
<br /> •'��. • �t .. ` , „ ' .
<br /> ,
<br /> _ , '
<br /> ..�t Mvti . . . . . .
<br /> .._ . . .. - `-' . y._
<br /> =�i"���iiqG+ � . .._..r.'--...._.,..__._..__.____..._.– —
<br /> .
<br /> '1'
<br /> _._. ti ._.,:ia,. 1�:..� 1
<br /> .. (
<br /> . .o�,.�:m.�"
<br /> _ i� -._. _'..
<br /> � m�
<br /> .. ���"E"_.. __ • � '�' ���....�...��- ` ti--^-.
<br /> ���� ��►�►� -
<br /> E1. Nasardou�Me�torteh.Tniotar ohull kaop tho Proporiy�n aompllnnae wlth all nnptloablo lawe,ordinancoe o� re(�ulellofle =
<br /> retatinp to induetrlei hypieno or onviranmentol protootlon(aollm�tivoly rofo►r8d to horel��ae"�nvlronmontel4ew�"►.Truett�r ehell =
<br /> tieop mn Propa�ty troa 1rom QII autrstanoea daatned t��harardo�a a�toxla undAr any Envlranment�tl l.awe Ic�lls�tively�eie��ad b _
<br /> herNn na"Waaardoue Mat�rinte'y.Trustor hereby warrantn and ro�rpaanta t9 Lendor t�st lhero are np be:ardou�Matarleto on or =
<br /> under the Prap���►•Truetor h�reby a@raps to Indomnlry nnd hoid he�rmfeae Lsnder,!ta diraotore,afticera amPfayaae end aBeMl,�sc+d �
<br /> any e�+aooaso�a to Londor'o Intoront,(rom an0 opalnet any ond ail otaime,damegus,losaoa antf tt�blltttaa orbtng In conn�oU�n�ItB _
<br /> ti►n�rQaonce,u�e,�is�osa{ar transpart a!nny Hara�do��.�aterlal�en,�n�cu,hem or abnut Ihe Properf�t.'PMQ FAFI��QINA -
<br /> WAHFiANT1ES AND REf�FiEtiENTAT10N9,ANO TRUSTOR'8 OpLtQAT10N8 PURSUANT TO T1iE FOR60UIN0 INt3EMNli'1►,$HALL _
<br /> SURVNG Fi�CONV�YANCE O�TNt3 DEEd O�TRU9T. -
<br /> t0. Aalnnm�M o1 R�nto.Truotor heroby aesigna to londor tho�nnte,isauos and protito of the Propahy;provlded that Truetar _
<br /> ahull,untll tho oaaurranau af an Evant of DoTnul!horeundor,have tho Nphl to aolloot and►etu��ouoh ronto,�aeuoa sn0�rollte ne they =
<br /> boaom9 duo and payublo.Upon tho oonurranco ai an Evont ot OetauH,Londor may,ollhor In porea�or by eponf.wlth or withoul
<br /> bringlnp any Aotlon or proceedlnp,or by a�aanivor appolnted by a oourt c+nd wlthoul resgnrd to tho odequaoy of Ite aeourity,entet
<br /> upon and tnko poss000lon of tho P►nporty,or any pnrt thoreof,In Its own�amo or in ti�o nnmo nt tho Truetoe,and do eny aaM whfah It _
<br /> daoma noceasery or dealrabte to proaorv0lho valuo,mflrkotabllity or rontablllry ot tho Proparty,or any part ther�ol or Intarant thoroln,
<br /> Inorease tho Incom9 theretrom or ptotoai MO soourity horoof 9nd,with pr without Wkinp posaos9lon ot the Proporty,euo toP ar
<br /> othonxfse aolloat tho�onte,Issuas and pruflte thereof,Inoluding those poet dua and unpald,end apply thn eame,le�a ooate nnd
<br /> expensos of operAtlon end collaotlon Inoluding attomays'toos,upon n�y Indobtadnees oaoured horoby,all In euoh arder ee Lenaer
<br /> may dotarmino.Tho enterinp upa�►and takinp poesoselon af tho Proparty,tho oaltootion of suoh ronte,lasuaa and proftle nnd tl�e
<br /> appllaatlon tharoof oa Atorassld,ahatl not aura or wuivo any dofauit or�otioe of default heroundnr or InvaNdate any wat done in
<br /> ruaponao ta ouah detauti ur pu�auant to auoh noHca ot detauit and,notwithetonding the aantinunnco In po8aesalon at the Proporty ar _
<br /> tho oollootlon,►ocolpt end applicat;on of�n�ts,lasuea or protlta.and Truetse end Londor ehall be entltictd to exeralae overy►Iphf -
<br /> providQd far I�any of tho Loan Ooaumonta or by Iaw upon ocaur►enco of any Evant of Oofault,InoludlrtQ wlthait timitatlon tho�lyht to
<br /> oxorciso-�tha pawer of sale.Funher,Lendor's�iphts and remedlea undor this paraflreph ehail bt�oumulativo wlth,and In no wsy e
<br /> Iimitatlon on,Londor's�Ighteand ramocllos under any asalgnment ot leuaes and ronts recorded npa�nat ths Ptoperty.Lender,Ttustee
<br /> flnd tho recaivar ehall ba Iiablo to account only thoso ro�ta uotu$Ily receivod. —
<br /> 11. Ev�nb ol 0�tauit.Tho tollowing ehatl conatliute an Event of Detault undor this Oesd of 7ruat
<br /> (a) Failuro to pay anY fnetallment of prinalpal or fntoreat ot any othar sum seaurod horeby whon dao;
<br /> (b) AbroaohofordetauttundoranyprovlBloncontal�polntheNote,thloDaedolTrust,anyofthoLotmQooumente.orany
<br /> othor Ilen or anaumbranco upun tha Properttr:
<br /> �c) A w�lt of oxoautlon or ettaohmont or ony aimitar proaasa ohall bo entered agatnAt Truetor whtah sheil EeQOme o Ilen on
<br /> the Properly or any portlon thoreol or Interoot thoroln;
<br /> td) Tfiere ohetl be tlled by or agal�et Trustor or Barrowor an aotlon under Any prosant�r(uture tederal,etute or other
<br /> statute,law or�egutstion►elating tp hunkruptayi,Insalvenoy or other rellot tor dobtore;o�thc+re eha116e appalnted uny truatee,
<br /> receivt�r or Ilquldator o1 Trustor or Borrowor o►af all or any part ot tha P�opoiiy,or the ra�te,lasuea or proflte theroot,or Truetor
<br /> or 8orrower ehell mako any general asatBnment for Ihe benoilt of aredito�s;
<br /> (o) The,eale,traneter,lasae,asalpnment,nonveyanoo or turther enoumbranoe ot all or eny pa►t of or any intaresl in the
<br /> pr��,s4thsr y4luniu�'!4Y Qr lnvQl�nt�rUy= �ri�hnut the oxQreas written aon�ent ot Londor,provlded thnt Yruator shatl 6e
<br /> pernNltod to oxoauta a laase of tho i�roporry thnt doos not oont�ln An optlon to purohasa and tha term ol whioh Aoea not exaese�fi
<br /> ane year,'
<br /> (q Abpndonmont ot th�Proporty;or
<br /> =�j!S Tru.�Sarl�ssa!��lsssl4eldssl,ihQ l4q�nn�,��.trAngtor_nas�gnment eenvoyenee or enoumbrenoe of more than a total
<br /> of.�..,..._..._poraont of ql a corporatlo�)ito Isauad and os�tatandinp stook or(i1 o partnorship)e totel ot peroanl of
<br /> p8t4ner8hip IotereaW dtPrinp tha perlod thla Deod ol Truat remaina u(tan on tho Properly.
<br /> 12. R�m�dier Aec�l�r�tlon Upon 0�4au11.In the ovont at any Evont of Dofault 4ondor m�y,wlthout notloe exaept ae�oqulred by
<br /> law,deolare all Indebtednesa seaured heroby to be duo And pAyable end tho eame ohail fhereupon beaomp due and payabie
<br /> withaut any presonri��ent,demand,protest ar nutlao 01 any klnd.Thereatter lendor may:
<br /> (a) Demand that Truetee exerolae the POWER OF t3ALE grqnted hereln,and T�ustee ahAll theroaiter aause Truator'e
<br /> Interest In Iha Proporty to be eold end tha p�000ede to ba dlatrlbut�d,all in tha mAnnAr provided tn the Nebrasko Trust Deeds
<br /> Aar
<br /> (b) FaceralaeanyandallrlghtsprovldedtorinanyoflhelaanOoaumanteorbylawuponocaurronceofanyEventafOefault; _
<br /> and�p) Gommenoe an aatlon to foreoloao thls Deed of Truat ae a moRgaga,oppolnt a reuetver,or epeotflcaity entorae a�y of tho
<br /> oovenants horaot.
<br /> No remedy horein aont�rred upon ar reserved to Truatee or lender la Intonded to bo exotustve ol any other remedy horeln,ln the
<br /> I.oun Daoumente or by IAw provlded or pormitted,but eaah ehall bo cumuletiva,shall be in addltlon to every other remedy fliven
<br /> htreur�der,In the Laan Documente or now or ho�oaftor existing at Iaw or in oqulty ar by statuta,and may ba exerafaed oailourrently,
<br /> Independently or eucaessivety.
<br /> 13. Tru�tM.Tho Truetee may roalpn st any tima wlthaut cauae,and Lander may nt any tlme and without cauae oppolnt a
<br /> euaoeuat or�ubatitute Truatoe.Trustee ehall not bo Ilabte to Any party,Inotuding without ilmitatlan Lender,Borrower,Tru�tor or�ny
<br /> puroh�wr o1 tMe Property,for Any lase or damago untesa due to�aakless ar wI1Nu1 misoanduat,and shall�ot be�equl�ed tn tako any
<br /> �otlon In oonneotlon with the enforaement ot thla Doed of T�uet unleas Indemnitied,In w�iting,tor all oa9te, oompensetion or
<br /> expeneoa whloh may be Aasoalatad therowNh.In additlon,Truates may bacama a pu�ahase�at any sale ot the Property(Judlalal or
<br /> unQer tha power of aoie grantad herein�;pastpone tho ec�lo ot all or any portlon ot the Proporty,ae providad by lew;o►seil tha
<br /> Pruporty e�A�vholo,o�In separate paroele nr lote at Trustee's dlsaretlon,
<br /> 14. MaM�ed E�cpms„.In Ihe event Truetes eel�s ihe Properly by exerolso ot power of sft18,Truetea ehall be entltled to apply
<br /> �ny s�to p�oaeeda tlrst to paym�nt ot all ooate and expensea of exerolsing power of sale,Inaluding alt Trustoe's teea,and Lender'e
<br /> «rtd Tru�te�'�attorney's teea,aatuatly tnour�ed ta extent permittod by appUaable law.In the evont 6orrower or Truator exeralaes any
<br /> ►Iphl provldod by law W aure en Event of OefauN,l.en�er ahall tod entitled to reaove►trom Trustor all oaste and axpenaea aotually
<br /> i�+s�xr�a.a w�t!a!Traetoda dslau!!,!n�ltttling�!lhou!!!mltatlet��4!T��Atae'e�nd aunmey'e[eee.to the axtenl petmitted bY
<br /> �ppllc�blo lww.
<br /> 16. Futuro Adv�no�a.Upon request of 6orrawor,Londer may,at Ita optlon,make addltlonal and future advanaea and re-
<br /> sdvAnoow to Borrower,Suoh advanoes and readvancea,with intereat thoroon,ehall be&eoured by fhle Deed of Trusl At�o time shdl)
<br /> thu prinolptl�maunt o1 the Indebtednesa aeourad by thie Deed at Trust,not Inoluding eums advancad to proteot the seourUy�t lhla
<br /> p�ed at T�utt,excead the oripinal prinoipal amount stated hereln,or� ,whlohaver ia greator.
<br /> te, MI�c�Nmwut ProvlWont.
<br /> (a) eorrowu Not Rd��a�d.Hxtenslon at the tlme lar payment or modHlaatlon ot amortisatlon ot tho suma eoaured by thla
<br /> p�ed of T�ud ptanted by Londer to eny euaooasor in Interoat o}Borrower ohall not aporate to reloase,In eny manner,the IteClllty
<br /> _ ot Ihc�atlpinal t3orrowar and 8orrower'e ouccosooro In Interoot.Lendor oholl not be requlred to aommencse prooeedinpe apaln8t
<br /> euah ouuoeoao►or relueo to oxtand tlmo for pAymont or othe►wlso modly amortlzwtlon of tho eume eeourad by thls Deod o1 Tru9t
<br /> by ranenn ot pny damenda made by th�o�lginal 8onower and Borrower's euocessore in Intereat.
<br /> (h) Nfldu'�Pow�r�,Wtthout aHeotlnp the Ilablllty of any othe�peroon ilable tor tho poyment of any ablidatlon hareln
<br />— mentlona[l,and wlthout atfeoting tho�lon or oharpe o1 thla Qoed ot Trust upon Any portlon of the proparty not thon or theretotore
<br /> �olaA�ocl Aw teourlry for tho lull amount of ati unpald obligatlone.Londer moy,lrom tim9 to time and without notice(I)roloase eny
<br /> pert�n eo Ilnblo,(II)axtend the matu�ity or alter any o1 tho terms of any euoh obllgotlons,(tll)grant other Indulgencos,pv)rolease
<br /> a reaonvey,o►aAt�te tp bo roleased o►reoonvoyod et any timo et Lend9►'s option any parcel,portlon or all ot tho Propery.
<br /> (Y)tak6 or f81eA�9 n�y other or addlttonal seouriry for any obllgetlon horeln mentloned,or(vl)make aompoaltlone ar oth�r
<br /> e��wnp�m�nt�Wilh d6biore In reletlon thereto,
<br />�
<br />
|