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<br /> � • , . ` . � � . 92- 10�.049�
<br /> 1ht Proo•rcy ia aa talc.n a d.n�ea.L:na�r�Mll Aavs ena opttor►,ra ta aoGe ana aeeoU,ts aiscr.uon,+o spo�y a1!a�,di P�no�.ai.
<br /> aiMrdiduc�kg thuNrom vI coqsan4exp�ns�sincurind byitln connecbonwNhsuch P'rocsed�.upon ar►Y lndeht�dn�aa�unsd
<br /> [fOreby#nd in suCh OrQet as lmd�r inay Qebrmine ot to aPP�Y a(i suCh PtoCeeds.after suCA dOduCtion�.to tlte restorstlOn Of tlto
<br /> prp�erry upon such Fonditionsas L'endec may delermi�Artyappt(catton of Proceedato indeDtsdne�s shait natex�e�sd a pa�tpone
<br /> the{iw da�s o(anl/MY�nts nnda►the Not�or aure�ny�etsuR tltereunder or hereunder.I1ny un�ppAed Wnds�hail6s p�(d�o
<br /> ��-- - -- � - - �--
<br /> -- �Artiot�anat brl�ndK ttpoit the oCCUtr,�ttca ot an Event of CetaultherouaQef or if ariy sct ts taken ar le�t p�ding - -
<br /> commencedwhi�hmaLeriaityatfacts LbndOt;SintKpstintheProperty.Lendermayin itsawndiscretion.datwithoutoDBputiontado
<br /> . sp flnd wttl±out not�csto tlr Oemand upon.Truator an0 without ratessin�Tnutor ttom any obligation,do eny sCt which TrwWr has
<br /> aprsad but taiis to do and m�y afsa dq anK otROr qct t*deems necessary to pratcct the aecurity hereof.Trustor ebail.immediaNry
<br /> uppn demand t�eretor by tender.pay to�end�r alt costa and expenses incurred and aumaexRended by lender in unnaction witA
<br /> the.pxetcise by Lsnder of the forepoirt�ci�hts,topetherwith ir�teroSttherean atthe def8ult raLS pravided in tlte Nate,which sfa11 bw ,
<br /> . added.xo the indebtedeess secured hera�ty,.Lendsr..shatt pot irlcur any llspility because of anythiog it,may do or omit W do '
<br />_ , ttKeupder. .
<br /> - g,Harardow MaMrlaN..Tnrstor ahalt keep t�a Property in compliance with aif applicabte laws�ardinances and�eguiations
<br /> - ^ ret�ting to indusp�iai hygiene or envir.oqmentat protecdon(coRectivelyt reEerred to herein as"EnvironmenfaF 6aws"y.Trustor aha74 - -
<br /> M
<br /> kepp the?ropeRy trea Nom�il'substaqc�sd88m8d to ba ha�rdousortoxic uaderaay Emlronmenta!Laws(collectiYel�,r3ferreC to,
<br />- herein as"Hazardous Materiais").Trustor her�by.warrant9�reArese��ta Lender titat there are ao Hazardous M'�!d'.s an or� -
<br /> underthePropeRy.Trusto�herebyagr�toindemnifyandt.,'�'..�(�rmtessle�der,iisdirectors.of�cers.emptoyeesandagenb.and.,... -
<br /> any Successors to Lende►s(nterest trom and against arry andatr cia�rr:s,�2snages,tosses and tiabilities arfsi*Fg in conneetion wi2tr-� =`�_; � Q____
<br />- the preaence.uae,diaposal or Vansport ot ny Hasardous Materiais�,-under,trom qr about the Properiy.tHE FOAEGO![!s[3 -�
<br /> WARRANTfESANDAEPRESENTA7tONS,aN�TRUSTOR'SOQLtOAT(G!�s�URSUp►NTTO�HEFOAEGOIN(iINOEMNITY,SHAti•.,..;'
<br /> "- SUiiViYE RFCONVEYANCE OF THIS CEW OF TR!lST. ` . '
<br /> _ • 10.A�ai�w�nt at R�nb.Trustor herehy assigns to Lender!he ten�,tgsues artd profits of ihe Properly:pravided that trostor
<br /> sfiail.untiitheaccuaenceotanEventof0efautthereunder.havetheri n:-:oitectandretainsuchrents.issuesendpr�fitsastl�ey —
<br /> 9�'»..�..
<br /> ' becoma.due and payabta Upon the occurrence of an Event of OefaulK�Br may.either i[�person or by agent,with or without
<br /> Q btinging any action or proceQdinQ,ar by a receiver appointed by a aaur��ni vVithout regard to tne adequacy of its sacarity.enter . —
<br /> �:;ti uyqn at�d take possessian of the Property.or any part Mereof.in its own nama or in the name of the Trustee.and do any acts which it
<br /> - dee�isne�ossaryordesirabtetopreser�ethevalue.marketabitityor�entabitityoftheProperty,oranypaRthereotortnter,esttherein.
<br /> - � ;nciBase ihe InCOme theretrom or protect the security horeof and,wftn or�rithout taking possessi0n Ot the Propec�y,sue for or �-
<br /> '� �.,�.:__�.-.
<br /> �• , otherw(sq cottect the rents,is5ues and Grofib thereof,mciuding those past due and einpaid,and app(y.tne sane,tess costs and �P���__
<br /> ` expepses ot aperation and coliection inctuding attorneys'fees,upon any indebtedness secured hereby,atl in such arder as Lender -,�s��-.-
<br /> �' �• may tleWrmiqe.The entering upon and takiag.possErssion of the Property.th�,c,o�tection of such rents,issues an0 profits and the.;-. ;-�?�__
<br /> �'�^T �' applicatien ihereot as atoresai�,Sr►a�a�?,;�:'�or waive any detault or notce pf defauit hereunder or invalidate any act done in.,, :_��::����_
<br /> ° ���,,.. sespop$d to such default or p�n.isG-r.t4 sJCri natice ot defauit and,notwithstar.�;rt3�'er�^�^iinuance i�possessiorrat the Properly or .,_i -_
<br /> • the,aotteation.receipt and a,�s�i�".;;°of rents,issues or profits,and Trustee an�.F:a'�r'spait be entitted ro exercise every right ��T��__
<br /> `lf prOVided tor in any of the Loart Irt�^��entspr by Iaw upon occurrenceof any Even�d�s DES',:Uaf,including K ithout timitaGOn the right -�:��:�
<br /> to axarCise the pOv►er ut sale.F�t:tter,Lender's rights and remedies unQer this patag�a�z s5all ba cumutative with,and in no way a �.���;_.:
<br /> I�mitation o0.l.enders*ights and remediesundetarty assignment ot teases ar,d rents reco►ded against��Properiy.Lender,Trustee "'�`�'��;
<br />' and tha.�eceiver shall bs liabte to account qnty for those rents actuatly,received. :_:�"��-;
<br /> � , 11. Ev�n4 0l ONauif.The toltowing shaC canstitute an Event of Default under this Deed ot Trus�,;, _���.; ,
<br /> .r u 4✓.'r'�' '.��.'�` -
<br /> (aJ Failure to pay any instaliment of principal or interest ot any other sum sea�;ed.M�reRsy+Arhen due: ,..,�? :±_,
<br /> t� '� 4;':. -f (c)A breach of or defauit under any provision contained in the Note,thi8 D88d Of.'���o:�arsyos tna Loan Instrumenfs,orany •
<br /> r'"• �'��'� - �- other.Iien or encumbrance upon the Pr�perty: � • _
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<br /> �;,,; :V�,�,;:, (c)A writ ot exeCution or attachment or arry similar pracess sha11 be entered against Trustcr»r�eh gha0 become a lien an
<br /> '-�• ihe�ropeRy or any poRion thereoi or interest tnere�n:
<br /> . .t.��f ' . _
<br /> � �� . (d)There shail be tited by or against Trustor or 6orrower an action un�er any present or tuture tederal,state or other -
<br /> �! �: ?!� " statute,law or regulation retating to bankruptcy.msolvency or other relief for debto...G�thera shall be appoinled any trustee. . �". __
<br /> ��� reCeilBr or liquidetor of Trustor or Borrawer or of al�or any part of the P;operty,o•tf�°��ts,issues or protits thereot,ar Trustor
<br /> � or 8orrawer shall make am�general8ssigrtment tor the benefit of creditors: ' .
<br /> ,> L`-- (ey The sate,transfer,:ease,assignmenx conveyance or turthe{e.^:�umbrance of atl or arty�aR ot or any interest in the ,. _
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<br /> ,�;•. ,z4;���.;;_ Property,e�tt:er vo�unt�r.!� c; involuntari`-y,without the express n:r��T;consent of Lender,��c�!:'.G tha!Trustor shall be
<br />' ' �°: u*��. yerrtritted to�xee�tq a��:� oflhe Prope��tha�does not cont��n��s 1a"s��to purchase and the t�e�m�+�hich does nat exeeed �
<br /> '�s�,�- s aae.y�r. • --
<br /> .�s ��'!.';;� �R Axr.��nment ct tr.��roperty:or � , =
<br /> ` ;;. (g�ct�c,;s*.�r is not an�r.aividua�,the tssuanca,sate.t�ansier,ass:y�ment,canveyance or encumb�ance of morethan atotal � . _
<br /> ' �f � percent of(it a corporatlon)its issued and out�tand:rl��.k o�(it s partnership)a"c�s"of percent oi f : �_
<br /> � �;� pafttierhi�y ir.:BCests during the period this Oeed of Trust remains a ::'•on the Properry. � ,
<br /> �r::;; t2. RNn�s:AccMualion Upon Odauit�tn the event of any Event�f�Etaull LendP'may.withav:r4t:ce exceptas required b�t j_
<br /> �nh"�°��:� iaw.:Qeclare all fndebtedness�ecu�ed hereby to be due and payablfl and the sam�;r.:t thereupan become dce and payabte ' , . �
<br /> , ��'''" ' � wifhout any presentment.Cem2nd,protest or notice ot any kine.Therea,K�r Lender rt:of. ;
<br /> ,,
<br /> • ��`�"`". '� ' (a)Oemand that Trustee exerciso the POWER OP SALE gr2r��a�herein,ana Trustee sr.zt tr.ereaNer cause Trustor's � .
<br /> " • • interest in cite Property to be sold and the proceeds to be d�strib�:4: ��•in the manner provided�r•��e tlebraska Trust Oeeds .
<br /> , , 'i,,1�-�. .. '�. AC� � ' �
<br /> •, s,:,r. . .; • .
<br /> � � ��•�;:: ,,r (b) Exercise any an0 a4 rights provided for in any ef!he t.or?:r.s:ruments or by law urc�c��arrence ct�.�y Erent ol �
<br /> :,�;,;r, .• . .• Delau�t;and �
<br /> "L': . �
<br /> �-,�,�,;..... � (c)Commence an action to toreclose this Oeed cf Tr>:z as a mortgage.appoin:a re;.�+ver,or saec:}IC8i1 f 6ti`G'ce any o!the
<br /> covenanta hereo}. i
<br /> �����`•��� � No�emedy herein GGntened upon or reserved to T�ustee or Lender is intended to be exctusiue af ar f c�t'�►remedy herein,in the f . �
<br /> ' YYf,:}.•',,. . ., .,'�
<br /> ��,:;• � �r� �.� Loan Instrumsnts ofby(aw provided or permitted,but eac»shait be ccmutative,sha11 be in addd;on�c v+�ry other remedy g►ven p.
<br /> � �r`�:= hereunder,in tte I:c2n tnstruments o�naw a�hereaRer ex�st�ng dt law or�n equity or by statute,and ma�Ge exercised concurrantty, ' .
<br /> .'�•`'" ' lndependently cr�uccessivety. � � �
<br /> e
<br /> ��` � 13.Tru�tN.The Trustee may resign a!any ame without cause,and LPnder ma�r at any tirne artd witnout cau�e appolnt a � ,
<br /> • - ` successor or substitute Trustee.Trustee ahall not be Iiable to any party,including vdthout limitatlon Lender.Qorrowar,�rustot or any . !
<br /> � � ���" �' � . purehaser of the Property,for anyloss or damage untess duc to reckless or wilMul misconducR and shall nol be required to take any . :
<br /> � action in conneCNorf with thA entorcement ot ihis Ooed of T�ust unless indemnif�ed,in writing,lor eU costs,camperfsatton ot . ! ' � ,
<br /> � -� `��'` �� � expenses which may be assoCi3ted therewith.M addit�on.Trustee may become e purohase�at any sate a�the Property Uudiclat ar , r . . .
<br /> ; -. ' --- - under the power ot sate grante0 hereinf:FostAone the sale.of a�l or any portion nt th�Prone►ly.as provided by law:or s¢II the
<br /> ' -•s PrOperty as a whote,o�in separate parceis or lots at Trustea'a discretion. f
<br /> • 14. FNS and ExpMNS.�n the event 7ru5tee setts fhe Praperty by exerti5e ot powet ot sate.Trustee shall6A enUtled to apply
<br />' • � eny s8te praCeed9 flr5t to payment of att C09is end expenses of exerCisirig power o}st►te,ineluding a!1 Truste3s tees.and lendet e .
<br /> . and truatee's attomey's fess,ectuaity incurred to extantpormittod by ApA��cBnle taw.tn th�event 8onawer o�Trustor exerc�ses any _
<br /> , ,: � , NgM provlBed by 1aw to cure an Evertt ot Qefautt,lender sh8t1 be enUfted to recaver from 7rustor ait sosls and'e�penses actualty
<br /> :' , incurred as a resutt of Trustar's QeTautt inctuding witnout 1im�tation ati Trustee's and atiorrtey's fees.to tMe extent permlfted by ,
<br /> � _ �pAt�cable law. � _� .
<br /> --- _----- --- --- -- p iS.Triftul�liiTYfitiCG`s:UQ6fEY8�ts85t0?�9s�E7:�er,tcncferssr��.-st�ts-�WiG►�-rtr►ak�ac}d+"ikKSa�:sad-iulsua advariees-uast-rs-- - -- ---�
<br /> • • advanee9 to Boaower.Such advances and readvar.ce9,w�th�nterest thereon,ghall6e secured by th�9 Eteed ot Trust At no time sfialf
<br /> . � � the principal amouM of the in4ebtedness secured by th�s Oeed of Trust�ot inctuding sumy advanced io prbteetth�seaurity af thi� , . '
<br /> ' � Qeed ot Trust exceed the originat prirtcipal amount stated here�n,ar 5�..._.- whichever is greater.
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