|
. t - #�_,,, _' . : ��
<br /> . - '.�. , -
<br /> ., ..:�.��. `.. .
<br /> --- -.�.. � � ' .�T . __.r.�. .. .;.: ; . � . ..
<br /> :�_
<br /> . . .. t:—:.� . ' . . .. . . ^�_
<br /> _ "' _' ' r� "'�! " ,.:f_'.!`aw,:'
<br /> - _ .' .e , . , , - .. '_-_
<br /> :���:,�:=�:�=a�- � . . _ � �, . � � _ - - � -.. : �� ��aa�2�
<br /> - � � � 9 _
<br /> , _ _ . . . _ � _
<br /> �` 1h�PtOpNIY b s0 Wc�1 a d�erped.L�1dM sM�l�hwa i1N opt�n.in ib sOh�nd ib�du�e�sCnfiorR b apply W wd�ProfoMd6 . , .
<br /> dhrdeduGfinp��ltco band�apMtslslnCUrr�dby,iNnconn�clioawiths�chP�oc�eds.uDo�anllied�ti�Ma�eund � �
<br /> .���nQ in such o�r u Lsndar n�y QeEe�mins.or io iippty all such Frocead�.a1M�sach dedu�tlons.a tl�s roafcratlan o11l,+� :
<br /> .� properlyupansuch�condiBOnsaaCandermapdellsrmi�MyaPP�IwlionofProceeQstotndebardrt�ssAaltnoRe�ndapostpa!N.
<br /> � fhs dw Qt1s of an�t paYmenb uadeF the No�e.or curs any def�utt thereunderar hereunder.My un�pp8ed tunds sAall b�pab b
<br /> Ttu�lor. ' � �
<br /> 8,P�elpf�by L�ndlt Upon the.pecurranCt Of an Ev4nt of DefeuRhereunder,or if arty Sci is takan or Ipd Proceidi�0
<br /> ' � connneniCedwAicAmateriallyaffedsLender'sinteirestinlheP�ops�H�►maYfniis-�,��lscretia�ir.�withoutt�bil�tfoniada °_=_
<br /> • so,ub�ril!!out aotiee to or dertund uPo+�Trustor and wiMaut rateeein�Trustor irom ar�ai�;�atiotti do snY act wti�Tiuslor has .
<br /> a�reed but fsits to Qo and may aiso do any otl�es act iE de�ms necassaryr tu Qrotect thes�`S7�tiacaot Tnutor ahafl.immedi�tet�l
<br /> � uppn de�ris�d theretor by tender.DaY to Lende�sit cosb and expenaes Incurred andsi��e�er►ded bIl�ende�in connection with
<br /> tASe�wctas bll Lende►ofthetorepotny riyhb.m9�swith imereattheceanatthndeEa'i:i��ate provldedintbe No�e.whichsha�l bw
<br />- ��.�f�yp���ured t��apy_Lender shail not incur arty liability be,r.r�ise of anythirp it may do.or omn to Qa
<br /> ��°�0f" tn complianCe with ali appilca6te taws�ordinances and rapu{ations
<br /> -- g,���Y�NriaN.Trostor sha8 keep the Properry'
<br /> - " rote�tFn�to industriat�ygiene or em+ironmenfal protection�coileetivety refeaed to herein as"Emriionmentai laws"�.Trostor sAail
<br /> ' keepthePrapertyfteairomatlsubstanc�sdeemedtobsAazardeusvrtoxicunderanyEnvironmentalLaws(cotlecBvelyroferredtQ •
<br />�;: h�ein as"Hazardow Mate►lats"}.Trustar hefeby warra�ts and reAreseats ta Lender that there are nn Hazardous Matertats on or
<br /> ° undertheProperty.Trustar hereby agreesto i�demnity and ho!d harmless Lender,its d(rectars.otfiCera,emPtoyeesandagent�,aed
<br /> r any auccesscrs to�ende�'s iMerest irom and agairtst am and a8 ctaims.damages,tosses and►iabilities arising irt connectiort with
<br />- 1he preser.;�Lse di�posal er transpoR ot any Hazardous Materiats on,under,hom or about the Properry.THE FOREGOING
<br />= WARRA[�.��1ND REPAESENTATtONS,AND TRUS'fOR'S 08UGA7Ef3NS PUR3UANTTO THE FQREGOINCi INOEMNiTY.SHALL
<br />-� i :` BURVNE R�CONVE�ANCE OF Tti1S REED OF TRUST. -
<br />�� . .:,: . � �p:��p�p�nb.Trustor hareby assigns to Lender the�ent4,issuesa-��D�o�ts af d►e PropertY.provt�etl that Trustor
<br />'�"' � '� �shall,until trie occurtenCe of an Event of Detault hereunder,have the right to cottect�d retain�uct�rerts,issues 2rdpr�filsa�Mel1
<br /> , .. .�..�iecome.due and payable.Upon the occur�ence of an Event ot Qefautt,Lender may,either in person or by ag�r•.:aritl�or witheut
<br /> 6ringing a�ry.�ctian or proceeding,or by a receiver appointed!�y�couR and withaut regard to tr+�adequacfl�����►��
<br /> upan and taice possession ot the PropeRy,or anyr partthereot,in its q��ra.^ie er in the nar+se of�aT�stee,and do any acts wr!�icts it
<br /> deems neCC�s3arv or desirabte to preservethe value,ma�icetabiliry oo re::s..'`•if�xp;cf tte FrapeRy.cc�.h`�aR thereol or interest t6erein,
<br /> `-.; tincreasethe{rrcome Merafiom or protect the`secucity i�tt�e4f anQ�i�it?;ar�cr".!`•�:�tak;���ss�sess'oo oi the Praperty.sue tor or _ -�
<br /> • atherwls�coltect the rents�issues artd profits thareo�inctutling those�0a�'c�-��'�`+�'""„?��a"�aPPty the same.tess costs anti _ _
<br /> expensea of operation anQ coitection including attorneys'tees,upon any:a1e�;a�?�'sseci=re�`'-.'eby,ail in sucb arder as LenQer =�_-=
<br /> may determine.Th6 entering upan and 2aking posstrssian o1 the Property._�e cc:�e'ction of s�c�:knts,issaes and protits and�he �:�--�._=_.
<br /> applicatlon t!te►eoi as atoresaid,shall not cure or waive any detault o:r.otr,�o�'cfetautt here;:r.�er ar invalidata any act done in ��,_
<br /> ` ` responsetos�chdefaultorpursuanttosachnoticeofdefauitand.notwitfu".a:?.d:r,gtnecontinuartceinpossessionofthePropeRyar ���_-.
<br /> r� the colteC�ivn;"receipt art�application ot rents,issues or pronts,artd Tri�stee.a:�Z�nder shall be entitled to exerctse e�ery right —_—
<br /> j�. providedf�r in any of!he toan Instruments ov by law upon occuaence ot arty£ven��f Delault inctuding withoutlimitation the rfght �_=
<br /> :;",- io e�c3rcis�the power of sale.Further.Lender's rights and remedies under this pa�3�ph shall be CumutaGve witb,end in no way a �,��
<br /> � �� limita'iarr eFt:L,ender's rights and remed�es under any assignment af se�s and rer,�recorded�ag�inst the Property Lender,Trustee
<br /> �;;• and tt��re�='Y��shatt be tiabte to acca�czt oniy for those rer�ts ac��:�`eceived, • . T p
<br /> . ��•:::r 11. Eva�elsof OehuN.The following shat;ConsUtute an Eveot m..�_auit under this Deed cf.n.st
<br /> - (a)Failur9 to pay any instalG�sr°rt of prinCipal or i�terest af a:�q other surre secured�:��eb�when due: ��'
<br /> (8}A breach aiCC default ur►derany provision contained in theNote.thisf3eed of frus',any ot the Loan tnstruments,cra� �•��'�''�""
<br /> ?s', Y . -,".,-- Y',.
<br /> . other fien or encumb�nce upon the Property; '�-''•�_?(
<br /> ' � �``� (c)A writ of execr�tion or attachment or arry simitar process shaU be entered againstTr�stor which shati become a IiE�on :;��;___
<br /> �. :� �w the Properry or any po�ion thereot or incerest therein: • '.� �
<br /> �;,,, ' (d)There shail be tited by or against T►ustor or Borrower an act�on un�er any presen��►future feQeral,atate or cther . .,, ,
<br /> � ,� ' statute,law or regutation relaUng to bankruptcy,insaivency or ather relief for debtors;or tnEre shail be appointed any�fustee.
<br /> reCeiver or liquidator of Trusto�or Borrower or of a�t or any part oi the PropeRy,or the rents,issues or profite thereof,or?rustor ,_p ,
<br /> . t or Qorrower ahail make any generat assignment for the beneGt ot creditora . . .
<br /> �.:?�'•�, (e)The sale,transfer,lease,assi9nment,conveyance or further enc;�mbrance o!ail or any part of or arry mterest in the
<br />�,�%,� `, :` � ;. , Property, either voluntariiy or involuntarity, without the express+v�itten consent at Lender,provtdeC that Trustor shall be .
<br /> - • perm%tted to exec�te a tease ot the P!operty that daen nat contain en option to purchase and the term of which does no1 aaceed
<br />� �• ' r�� oneyear.
<br /> . " (�Abandonment of the Property:or , ,
<br />• (g) tf Yrostor is not an individua►,the Issuance,saie,transter,assignment convayance or encumbrance o1 morethan a total
<br /> of percent of(i1 a co�poration)its issued and outstanding stock a-t`a partnership)a total of percent ol ,i_�
<br /> ` � ' partnera�ip interests during the period lhis Oeed of Trust remains a tien on zn9�FOperty '' "��-
<br /> � �-ii�•:
<br /> � �: - 1Z,Run�dNs;Aee�rMratkn Upon ONsuH.ln tne event of any Event of Oetau't�e�der m a�r.wiiirout noUce except as required tr� . ::; :
<br /> ' law,declare all indebteiness secured hereby to be d:re and payab►e anA the sa�e shalf 4ne�eupon become due and payable .- .
<br /> - ntmer.t,demand, rotest or notic�c'G;�y k:rsd.Tfiereaftsr LenCe�may: � �
<br /> A.�::..- �:�.
<br /> without any prese P �
<br /> ;�.�,;,�.,.•.,,�„ (a) Demand t1+at Tru9tee exercise the POJ+cA OF SALE granted herein,and Trustee shall thereafter cause Trustor�
<br /> r-��':.. ' interesi in the Prtlperly to be soid and the proceeEs to be�s"rbuted,all ln the manner prpvided in tho Ptebraska Trust Desd�
<br /> '� �_° . . ac� .
<br />� • `�;� (b1 Exercise any and a;l Nght9 provided ipr in anyat tng toan tnstruments or by IaJ+upon occurrence af any Eqent ot � :
<br /> : i-� Oelau�t aad
<br /> ��''�:�; (c) Commence��actiontolorectosetnisD�e�o}Trustasamatgage,appointereceiver,orspeciticaltyentorceanyolthe l
<br /> �� cevenants hereot I
<br />. �.��'��''�' No remedy herein conte.'f�d Uptlt1 Of 1238�YQ�LO Tlu5:69 O►LL'r1Q8Y i9 il1te11(JeQ f0 b8 @XCIUS+ve c!any other:�emedy hereln,in 1he F .
<br /> _ .}JY`5_j' [
<br /> 4y-�. Loan Inat►uments or by taw�covided or permitted.bsi eacn Shatl be cumulat�ve.shall be in a6Q��an tc eve:y�otho�iemedy g�ven ¢. . ��.,
<br /> '•;+,•'.`°'�'`'�� hereun08r,in the Loan lastruments cr naw or herea`:er ex�s:ing at��w os in equity or by sta;ute.an3 rr.�i be ex�rcised concu►rentty; ..
<br /> , "'''��'�� independently or sucCessivety. � � `
<br /> �.. .u•,,k " �
<br /> , ��-�r . •
<br /> ��"" 13.TrUSlM.The Tr�stee may resign at Any Urre V�iihout cause,and Lpnde�!may$t�Y'���'��n�isrtty�t Cau�e 8ppoint e � ',,:;_
<br /> ri;..
<br /> ' � - successar or substituts Trustee.Trustae shall not be�a�'o to any party,lrtctuding without limr�'>.:�C:r.CArt i3o��owar,',rustor or any .
<br /> °' =��°+`�-'°'=� purchaserotthBPropesty,loranytossordamage::rt�essduetorechtessorwlUtulm�sconducta^15�13:If101�6r:quiredtotakeany l
<br /> ' � '� �`'� " action In connecticn with the enforcement of this Oeed of Trust unleaa ind8mN11ed,in wr�+r�,�tpr att C65ta,compensatlo�or (•
<br /> ' ' • ;°°"'"''-" " expenaes whiCh may be associ3ted therewith.In addition.Trustee may become a purchaser�t aby.sate o1 the Property(judiclaf or f
<br /> . � :.
<br /> °;• - :-=- -,��`�%� �- uader 1he power_ot sale granted.herein):postpone the sate af all or any portian ot the Propertyr,as provlded by law:or sell the {
<br />' t�: � Property es a whote;o►in sepatate parCels or tots at Trustee's discretion. ' � „ -
<br /> • +"•�"' �• � t4. FNS�nd Exp�n�.In the even!T�ustee sel►s the Property by exercise o!power of sale,Trustee shall be enUUed to apply 4
<br /> � ' ' any sale proceeda tirst to payment of all costa and expenses a}exercising power o1 sa1e.Inctudirtg a!1 Trustea's fees,and lender's �,
<br /> - � an0 Tru�tee's attorney's tees,actually incuned toexten!permitted by app�icabfe faw.!n tha event Borrower or Trustor exercises a�y
<br /> � •� � •• • right provide�by taw to cure an Event e1�efault Lender shall be.entiUed to recaver from Zrustar at►costs and e�penses actually
<br /> _,. ,
<br /> • ,: , .� . :
<br /> ..
<br /> "' �� incurred as a result o1 Trustar's defaulf.including wlthout limltation all Trustee'9 end attorney's fees,to the e�tent permitted y �
<br /> '� apAllcahle I�w.
<br /> °`-:_ -_:_-�-_°-'-_��-_ - is. �utrm Advmc�.�iJpon r�yn65t csf$cjrrawaF.•�eculer�y.ai.!!9 opuaa.make add�Nyna1 bnd tuture adVance�and re� . i_:..__;_ , -
<br /> advance9to 8anawer.Suth advances anA readvances,with tnteresitnereon,shall be secured 6 this Deed Ot Trust At no Hme Shal) �
<br />� • . - theprlrteipatamountoftheindebtedneessecuredbythi9n�eAafTrus�n��qd��msadvanee�topratecttheseeuriryotthis i
<br /> . ,.. .
<br /> .. . • .
<br /> � • • �•. . Deed of TrusL exCeed the original principal amaun!�tated herein,or S ---- whiehever is greater.
<br /> ,�_ . �
<br /> . .. , . .
<br /> _ _. . - - - .. . ..
<br /> . _�-_.-: � _�__ _ - �
<br /> --- - . . -- -------- - -- - _-- - -- — - �
<br /> �'�,� . t .. - - -- - �
<br />
|