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<br /> �— th�Prop�rty I�w qk�n a damap�d�L.�nd�r�hdl h�v�thp optlon.ln iq alo�nd�Wolute discretlon,to apply all�uaA ProcNd�,
<br /> �� ,; dt�r d�ducdnp th�nlrom all co�b and exprn�t�curred by It In oa►nctallon with�uch P�aaedf,upon any Indabtednsw acund
<br /> '-- 1� �p�iYrty upon eueh eondldonf is L�dei m y detarm�e My�ippl a�tlan of Proceed•tori�nd�btednes*Ishell�oi�and o Hpastpon�
<br /> ' th�du�dat�ol any p�ym�na und�r th�Nob,a cura any deipull therqundnr w h�r�undu.Any unapp116A lundp oholl W Po�d to
<br /> •,_,;,. ` Yrustw.
<br /> 'y°.�- e, pKlpRn�ne�by L�nd�►.Upon the occurrence of an�vent of Defpull hereunder,or If any ect Io takan or lepal p►oce�dlnp _
<br /> ..� �J.,.,.�. --_ r.__._--
<br /> , ,� .?�; commenced whlch m�t�rlally aHecte Lendor'�inte�e�t in thp Proparty.l.ander may in�ts awn discretion,bul wltbout obIlpQUon ro do � -
<br /> �� ' • . w,�nd wlthaut nodce to or dsmand upon Trustor and withauf ryleealn�Trustor Irom eny obll�atlon,da any aot whiah Tru�tor ha
<br /> � "''�'� `� ��re�d but f�lls to do and may also do any ather act it deema naaeeeary to protect the seeuNty hereol.Truatpr ahall,Immedlotoly �_
<br /> i, : �
<br /> ��'�.y;�e l•, upon demand therelor by Lander,pey to Lander all eosts and expe�6es Incurred and sums expendad by l.ender in aannectlon wlth -
<br /> _�,� •-.w adtled lp�ho Indebtednossesecu�ed he►eby. LendoeahaQ npt neuh an�iaWliryde�fa��uul�te�prA v�hed�n;��ypdo ohiomt ro do ---
<br /> - �. fwnunder. —-
<br /> �'�. 9. Muanlous Mst�l�.Trustor ehall keep tha Praperty fn camplfance with all appticable lewe,ordlnaneee and regulallons `4.,_,__,_,
<br /> ,��.�• -�• • ��' relaunp to induatrfal hyqfene or envlronmental protectian(aollactively relerred to herel�ae"Envlronm�ntal Lawa").Truetor ahall
<br /> �� keep the Property Iree lrom all substences deemed to be haxardoua or to�Ic under any Envtronmentel I.awa(R011ecllvely�elerred to --
<br /> ..��,��•.
<br /> ����.�r••.�� ^ � ' ' hereln as"Hatardous Materials"1.Trustor hersby warrants and rapresents to Lender thal lhere are ao N�Rflrdous Materlals on or
<br /> ��:��.��,�w..'�;�,< under the Properry.Trustor hereby ayrees to Indemnity and ha!d harmleas Lender,its d�rectors,ofliccra,amployees and agenta,end � _
<br /> =�t�..�°���"� any successors to Lender's Interest Irom and against any and all clalme,damaget,lossea and IiabNltles arfning 1n conneanon wfth !
<br /> - 3`,'ii`;,'; `•' the preaence,use,dtaposal or tranaport of any Hazerdcue Matnnals on, under,trom or about Ihe Praperty.TH�FOAEOOIN(3 �,,,,,�_
<br /> "'���'n WAiiRANT1E8 AND REPR&$ENTA710N3.AND TRU$TpR'8 OBUC.3ATI ONS PUFiSUANT TO THE FORB(3UIN0 INQffMNITY,SHALL ��,,` �
<br /> � `a "-""� 8URVIVE RFCONVEYANCE OF THIS DEED OF TRU$T. °"`'�+"
<br />_- •�`��'�.�►;�:,;, 10. AsdpnmMd ol R�nb.Truetor hereby aesigna to Lender the rents.fs�ues end protits ot�ha Property:provlded Ihat Trustor � a�.�^�.
<br /> '�' �;`^` ehall,untll the occurrence of an Event oi Default hereundar,have the rlghl to collect and retaln auch rent�,lasuas and prull18 es they �',�;j;.fE,;;;;,;,
<br /> "�'��'�,.: .•:'lf��;�..,�; . '1#wt�
<br /> __ ,;�_`�,V become due and payable.Upon the occurrenae al en Eve�t of Delau It,Lender may,elther fn pereon or by Ag�nt,wllh or wlthout .
<br /> �4 iyl,;_.�. : brinpinp any action or proceedlnp,or by a recelver appointed by a courl and without regard Io tiio adequaay ot its securly,enter ���?F1s'
<br />_ ���-`�;��` ;.*��;A. upon and take posseaslan of the Property.or any part thareof,in ils awn name or in the name of the Truat�a,and do any acte whlch It ;��.-`;::�__�
<br />_ • -�:.,: � ji�:.,.
<br /> ._ „:�•;,y, y,;,,�w deems necossary or desirable to preserve the value,mprkatabillty or re�labdlty of the Propndy,or any par11t1ereo1 or Intereet thereln, ��s;s,�.
<br /> �_;� �, fncrease the Income theretrom or protect the securfty hareol and,w�th or�vfthout tak�np posaesaion o11he Property,aue lor or - �
<br /> • '�" otherwlse collect the rents,issues and prollla thereof,maluding those past due and unpa�d,end apply tha eame,lesa costa and
<br />'f"'' ^ :''�� ' ; expenses of operatlon and collection including ettamay8'teea,upon anp indebtedness secured hereby,all in auah arder ae Lender s�_,
<br /> , �_: '
<br />��:� �� �=�� may determine.The enterinq upon and�ekfnq possnsafan af ine Properry,the collectlon o1 such rents,lesuae and prolfle and the .;,,� _,__
<br /> � p� s. appllceUon the�eol as aforesaid,shell not cure or warva eny defaull or rotice ol detauN hereunder or invalldale any act done in �,�'
<br /> ;:�?:" '- '(�� . ••%•��� � responae to auch defeult or pursuant to 9aah natlae at default and,nolwllhstandtnp the cantlnuance m puasaaeion o11he Property o� t�'_^:�,��'
<br /> �,; rs;;:
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<br /> " tho callcclion,tecefp!and epp��oa��on atrente.lsauea ar profits,and Trustee and Lander shall be entitled to exercise every rI t
<br /> -
<br /> �.!Fy i_ � -"„' -_ _ __- _
<br /> :, � provlded for in any of the Loan Instrumente o�by law upon accurrence of any EveM ot Detault,inciuding N�iU�uui i{rnitailon e r p __
<br /> j' `t. •��+ to ex3rclae the power ol sale,Further,Lender's righle and remedlea under thls paragraph shell be cumulative w�th,and in no way e -_.
<br /> �`�� � ,�r; Ur' � limltation an,Lender's rights and remediea under any aealgnment of ieasea and rents recorded againat the Property.Lender,Trustee ���,'
<br />���1: � :"•�}��:'r.. and the recelver ahall be liabla to account only far thase rente ecWally recerved. ``�•,��„�
<br /> ���I�i1� • �f:,j'.�....
<br /> " �::,;,.,, � 11. E�ents ol D�1�ulf.The following sheU c�netitute an Evem ol Defauu under m�s Deed of Truel: :,,,r,,,,•.{.�,,_
<br />�;•.•1• :;'��, . � � (a) Failure to pay any Installment o(prmofpal ar interest of aoy other sum secured hereby when duo; �:;;,?;?<<:�__
<br /> �`�' o A b�each of or delauN under eny p�oviafon contamed 1 n the Note,this Deed ot TrusL any ol tha l.aan In�trumenls,or eny �;,c;�;���
<br /> '.�' i;�: : l') .�.;�:.
<br />;?,•,c�,�r • other Ilen or encumbrance upon the Property: ,_�.;...•.
<br /> �'�i � � (c) A wrlt of executlon or attaahment or any simitar process shall be entered against Truator whlah ahall become a Ilen on �_--.
<br /> � . •.,,'f�;, . i:`�(�i,.'':
<br /> i�:%� ' • the Property or any portlon thereot or Intereat therein:
<br /> r: , }���S .• ' (d� There shall be fllad by or againat Truator or Borrower a n actlon under Any presern or lulure federal,atale or othe� �',,,`
<br /> ;s;,,., afatute,lew or regulatlon relaling to bankruptay.msolvency or other reGef for debtore:or there shall ba eppoiMed any trustee.
<br /> � �.�+,, � recelver or Uquidator ol Trustor or Barrower or of all or any part of the Praperly.o�the renta,lssueo or prolNs thereot,or Trustor +:-.�
<br />..`.1-''*. ."'-_ • 'frff,..�: .
<br /> ��,�,.,�;,,„ .., .,,.,.,;., or Bo►rower ahell make any general asslgnment far the benetit ot credlto►s; •._
<br /> �,�p, ,A,,,,,,,... (e)The aale,trenefer,leaee,easlgament,Conveyance or lurther encumbrance ol all or any part ot or any iMerest In the �__`
<br /> .4,,f�,;,�.. Proporty,elther voluntarily or Involuntarily. withaut the express�+vriden consent o1 Lender; provlded thet Truator ahall be �'.' �,,.,,�
<br /> ' �ry;�,:r� perm{tted to execufe a lease o(the Properly that doee not contem an optlon to purchase and the term o1 whVoh doea not exceed �__�
<br /> �,�•U,,, ��f•`--"`'
<br /> .�, one year, R{9�iQ��"
<br /> �:v�� � (q Abandonment ot the Property,or " � �
<br />.:';�� ^ (q) II Trustor Is not an fndlndua�.tha isauanae.sale.trensfer,as9�gnment Gorneyance or enCUmbranoe o1 more Ihan a total
<br /> � ts�:;`.�� �} perce��t of IIt a corparenon�ita iasued and oWStanding stock or�d a partnersh�p)a total 01 percent of , ., ,
<br /> ..YnYr ,
<br /> - . ;����}lf�_'• pertnership fnterests during the period thi8 Deed of Truet rerneinae Nen cn the Property ,
<br /> �:1a;a'. , • 12, p�m�dln;AcaderaWn Upon Oal�ult.�n the eveot ot any Evenl oi Default Lender may,wdhout nmioe except as requlred by ��';,
<br />','r±1.t.�: � �'�, . ' law, declare all fndebtedness secured hereby ta be due end payable and the eame ahau thereupon beoome due and peyable
<br /> } , �lf,.,..
<br /> ,,�����,: , .,,�,,,> wlthout eny presentment,demand,prolest or notloe ot eny kind. Thereaher Lender may. ',1
<br /> :.9�� (a) Demand thal Trustee exerClae the PQ\NER OF SALE grented he�e�n, and Trustee ahell thereafter cause Trustor's ,
<br />:_�... . .
<br /> - . : interest in the Praperty to ba sold and the praceeds to he diatnb utetl.811 fn the man��er prov��ed in the Nebreeka Truat DeedY i
<br /> �!:' Act
<br /> ;;4��" (b) Exarclge any and a,i nghts prov�ded far m any of the Laen Instrum.a�ts o�by law upon ocourren0e o1 any Evenl ot t•.�`;;
<br /> Defau��and k
<br /> '. (C) CommenCe an act�on to fareclnse:hia Oeed ol Trust as a mo�ty�age.appo�nt a recerver,or spec�lioally entorce any ot the �.
<br /> covenanta hereol.
<br /> � No remedy herefn conterred upon or reserved to Trustee or Lende� �s�ntended to be excluswe ot any other remedy here�n,ln the � ,
<br /> loan Instruments or by law p►ovided or perm�uaa.but eacn snnii ba cur-�ularv� s�a� be�n add�t�on tc pvety other remedy gWen i
<br /> hereunder,fn the Loan Inelruments or now or hareatte�ex�sting at iaw or i n equ�.y o�by statute.and ma y oe oxero►sed concurrent�y. i.
<br /> independenUy or SucCesslvely ,
<br /> 13. Tru�fM.The Trustee may res�gn at any bme w�thaut cause.ard LPnCer may at any arne an� w�lhoul cauae appomt a i
<br /> successor or subatitute Trustee Trustee shall not be�i�hle to any pa�ty��Gud�ng wdhout I�m�fabon Lo�ye�.Ilorrowar,�rustor or any
<br /> purchaser ol the Properly.lor any loss or demage unless due tn�ecktess or wil�lul rn�sconduct.and sha�:np1 be�oqu�red to teke e�y j
<br /> - ect�on�n ConneClion wdh the enbrCement ol thlri C�eed af Trust unless mdemn�f�edF�eQ o��'�9V��ian1 fhe�pronertvli dc�iel or
<br /> ' • � expenses whfch may be assoc�a[ea merew�in �n auu������.'.�o;aa,:ar�:c�°'��:-•_•�___� _•_ •
<br /> � under the power of sale granted here��l�pos�Pane tne saie o�all o�any po�t�on of the ProrJerty.as p�ov�tled by�aw,or sell the
<br /> - Property as a whole,o►m separate parcels or lots at 7r�stea s discretion.
<br /> 14. F�n and E�p�nsM•�n the evenl Trustee sel'S the Properry by exerc�se o(power of sele.7rustee s►�all be ent�tled to app►y
<br /> any sale proceeds firat to payment of a��costs and e�0enses ot eKe�c�smg power ot saie.�nc�ud�ng a�� Trustea's tees.end Lender's
<br /> ' end Tru5t6e's attorney'S�e@S,aGtuelly�ncurred to @�:tenl perrn�tted by apphcab�e�ew In the event 80rro•+vet Ol TruStOr exe�Cises eny
<br /> rfpht provided by iaw to cure an Event of DetauH.lend�� snall be enuUad to recover from i rusto�ai+ costs any erpe�Ses actually
<br /> fncurred as e result of TrustOr'8 default.�ncludmg without lim�tat�btl e�l Trustee s and attornay s fees.lo thg b�tUnS pe�mitted by
<br /> appUCable law
<br /> 15. Futur�Advanc�s.Upon request ot Borrower. Lender mey.at �ts optian.moke add�t�on3�ra�d fulu�e atlrantes and re•
<br /> advances to Borrower.Such advances and readvances.wdh�nlerast thereon.sha��be secured by th�s Uaed o'Trust At no time shali
<br /> the pnnC�pal amount ot the indebtedness seCU�ed by this Deed��trust.na�@,I�p�ms advanced to pro:BCt ih@ SBCUI�ty 01 fhifi
<br /> „ D�ed of TruSt,erC@ed the orfginal pnnC�pal emount Stt�ted here�n,or S _ —�whichever is gredler.
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