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"�.��.�'��� . .i , . . f- . �Tr��._�i. . ,I <br /> . . � � ,< <� .. ��.. . . . ....U,.1.5�:_�i: ��_- <br /> •WI�1 ' . .\._` �{n�N1�.LT1i�J.w}.e. - �.. � � ...��� T! p. - T.�. <br />..'.".�-_.i'��IAI�'IIIP�7R�l�Jai..,Y-.+�y�,.._ ��� ...c �.,,t_. r iY�f_a_ ��...,t�'k ��S�iu.riNN1�?e: �..Plv4cit{[: �n-9. t.�u.1�1�1ql.:, TSP� __— <br /> — •� ' _ _ .L.t./... <br /> � , <br /> "Procesds°)In connecttan with conctomnetlon or other Eakin�oi tho Proper4y or part thoreof,gr�tor conv'gy(�t1f'I�i�d1 a»zdar•r���tinn. <br /> L�nder�hall ba antlUad p�l it�3 option to¢omnzoncn,np�Flt+r In nnd pro��r,utn In Its own numo nny nction or pror,cRdin�o,nr�l c�hr�ll�zlno .. <br /> be sntitled tA mHke tiny car�pr�miso or so1IIE3mnnE in cQnnaGtlon wlih cush taklnp or dama�a.In lho avont any partlon aP thq Pra��;,r�y ia - <br /> eo teken oP damaped,Lender t�hpll hnva Iltu o{�Yian in itn solo and sb�luto diecrotian,to epply All e�ch piocr,eda, after cleductirtp <br /> thsretrr�m a!I costn ae�d expenaon Inc:urre�d by+It In Gomtaatlan with aueh Proeeede,upon eny Indebtednesa eae�re�i hen�by and In eueh <br /> crsar��L9Sl�Jf f11Qy(l.:t91'm�na,nr tn P;7ply t�ll Allffil @f4Cal9d8,efter such deauctlone,to ttte r�tar�tfan o!tha PrepsAy uw�n a�h c��r ; <br /> dltkrns ae Lenct�ar mt►y cbtermine.Any �ppl�atlnn oi Prnaa�da to Ir►�ebtednes9 shall not extend 9r postponA ths due date ot eny pay� <br /> mente undor tha Note,or curo ctnj�clefnull U►nr�unNnr or httt�under.Any unapplied funds eh�tll be pald to Tru�tor. <br /> B.P=ri'esrat�rt�by l.en�tet. l.lpan Ihee oc�;t�rr�ntn o1 tin Evant of Default hereunder,of If eny act Is qsken or Is�+al p►ocaedln{� <br /> cammcincsd wh�h materialp+aflnat,�►Lende�e Intc►r9nt in thn Pr¢tperty.Lender may in Its own�lecretlon,bul w+ithout o►31lgatlan to cb so, <br /> �nd wfftw�t noUce to or dc�m�nd upnn 7'ructc�r and r�ihaut rcitsinning Trustor trom any obtlgatlon,do any eot which Truator haa wproed <br /> but lallad to dn anci mAy alnn da any o1hn�aat it deamt� nnnaenary to pratect the Gecudry hareot.Trustor ehall,Immediatety upon <br /> d�emend thar�fpr by I.endor,pay t�Lonefor a!!co�tu rnd era�nnt�n Inourred and sums expended by Lender In conner.�.la1 with thu oxer- <br /> ckaa by lendar o1 ths�f�reqalnp tlphiu,Lapnt#�nr+�uf7h intf�r�ot tlinr�pn at the detauit rate providdd In the Not�,whtch nhnll be�dded to <br /> thn inciebt�dness xecured hpn7Gy.l.e�nctE�rel��ll nat Uour nny,{ir�bllily because of anythirtg It mny do or omlt to do hore+m�r. <br /> 9.H�x�ed�u��i�iertnff�.T:�eotssr ef►�11 I�aep t��a�v�perty In comp!Iance with all appNr,ablo lawa,ordlnanr,00 z�nd regutaUoru <br /> relating to lndustdal hyglant►nr es�+n�eRman�i pmtectian(collectively referred to herein as"Environmr3ntR1�wa").Tn+otor ehall keep <br /> the Prapsrty tree fram all sub�tartcro�c�rd�ma�!to be hazerdous or toxla under any Environmontal Law� (cali�ctivoly retarrc+d to horeln <br /> as'Hazardaue Materials'�.Tauuror f.�er►�bp���rc3nis snd�eprasents to Lertaler tFuat there ar�a no Hazarctauo Mate�islo on or undsr the <br /> Pmperty.Trustor hereby agro9u w Sru�mtii�j nn�hoki�a�mtosa Lender,tts dlreictora,ofHGOrs,emMoyaes en�J agents,and or►y succas• <br /> cnra to Lendsr'e Intu�est,tmm ��r,r5�pctinst any and ali cl�►irns,damapea,losses end Iic�llltloa arislnfl tn oannectlon u�itli thg pm�nce, <br /> usn,dis�wsal or trenspo►t of are��t�r�ardous Maieriels an,under,tram or about lhe Property.THE FOREQCTINQ WA4iRANTIES ANO <br /> RGPFdG3�NTATIONS, AND 7RUSTOR'S OBLI(iATIONS PURSUl1'�1T TO THE FORECa01Na INDEMNITY, SHALI SURVIVE <br /> RECONV�S1fAA'CE OF THIS DEED OF TRUST, <br /> 10.d1��7�nm�nt�of R�nts. Trusl�v fiEreGy aeslgns to Lendor,a�d 8rants Lender a seauribj ir�*�rest tn,all present,tuturm nnd <br /> after a�ising rent�,Issues and protits of Eha Property;provldad that Truotor shall,until the occurrenee o!an Event of Default,hereunder, <br /> have the dght to collect and rstaln such rEnts,Issues and praflts as they�me due and payabte.Upon the occuITenCe of an Event of <br /> Oetault,Lender may,elilu�r in person or Dy aflent,wlth or w(thout bringinp any actlon or proceeding,or by a receiver eppolnted by a <br /> oaurt and without re�erd to tha addc+qua�y ot its secudry,enter upon arcd take possession oi tho Proporty,or any part therQOi,in its own <br /> name or In tha name ot 4ha 7�ustee,and da any acts which ft deema necessary or desfreble to preserve the value, markets�biilty or <br /> rentabiliy of tho Propefty,or eny part ttaeroo9 or interest thereln,or to inarease the income therefrom or�rotect the secudty hereof and, <br /> w�th or without taking po:.session of thc� Prop�rry,sue tor or otherwlse coltect tho renta,issues and protlte tberoof,lncfudtng ti�ose pest ,_ <br /> dwa and unpeid,by notdytr�tenants to meke paymente to Lender.Lender may appty renta,Issues and prof(ta,lo�s costs and expens- �± <br /> ea ot oper�tlon and collection lnctuding anomey's fees,to any Indebtedn�osa secured hereby,a!I In euch order as lsondar may detea ��.: <br /> mine.The �t�ring upon end taking�ossesslon ot tho Property,the coliectbn of au�sh rente,Issues and protits,And ihe applfcaUon � <br /> thereot a9 e�Nrosew at�au not cure orwaiue eny doiauit or notica ofi dofisuit fi�ereunder vr invaii�ate orny aci dona in ros�ri►ea iu�ii�� <br /> default or pursuant 4o such notice ot dola�lt artd,n�twithstanding the cQntinuance in possession oi the property or the cofiection, <br /> recelpt and epptkatlon of r�nts,Issues ar proms,Tru�t�ee And Lender shall be enQUed to oxerolse every dght provtded ior in any oi the <br /> Loan Instruments or by law upan occurrence of any Ev�ent oi Defauft,inctuding without Ilmitatlon the dflht to exerclse ih�power of eale. <br /> Furthsr,Lender's righta end remedies under thla paragreph shall bci cumulative with,and in no way a Iimltallon on,Lender's ti(�hts and � <br /> remedies under any sssignrnent of leases and rents recorded against tho Properry.Londor,Truotoe And tho receiv�r shpll be Ifebie to <br /> accouM onfy fc�r tltose rente eCtually receh�eel. <br /> 11.Ev�Ms o!D�huit.The tollowNg ehell constBute an Event of Detault under thfa Deed of Trust: <br /> (a)FeKuro to pay any k�stelirnent ot pdnWpal or fnterest oi eny other sum ae�ured hereby when due; <br /> (b)A bren�ch oi or defautt un�ier�y p�ovislon contelned In the Note,thta Deed o!TNSt,any ot the Loen inotnunente,w any <br /> other Ilen or encumbrence upon th�r Property; <br /> (ay A writ of execuUon or attachrreent or eny slmilar proceas stuill bo entered against Truato�whkfi ehall becomo a(len on <br /> ti�a Propettyr or any portion thereotor inmreet therefn; <br /> (�Yhere shall be filed by or agninot Truetor or Borrower en ac4lon under any present w tuture tederel,otate or other statute, <br /> lew or regutaUan roktting ta bankruptcy,In�oh�ency or othor roliet for debtore;or there shail bo appalntad any trustee.roceive�or <br /> Iiquidator ot 7rustw ar Borrower aof all or any part of tho Property,or the renta,Issues or proNta thereo},or Trustor or Bort�ea , <br /> shall make any penerel assigrmteml fvr Ihe t�eneiit a(creditors; <br /> 4Q�'GOie sab,Uansfer,lease.asslgnment, conveyance or f�rther encumbrance of ell or any pan of or eny Interest In the <br /> ProperRy�.elther vNt!ntadly or InveNn4a�fly,without the express Vrrittan consent of Lender,provlded that Trustor ehafl bo portnft• <br /> ted to exeeute a Isase of the Proper�ty that does rtot contain an optton to purchase and tho term ot wNk�does rwt exeeed one ; <br /> Y�� � <br /> (�At)andonment o9�he Prope�y; or <br /> (g)�f YNStor is not en In�ivEdual. the lasuance,sate,transter.assfgnment,conveynnce or encumbrence of more than(if a � <br /> corporntion)a totel oi�per�nt oi Its issued end outstanding atack,or(ti a partnership)e totai of per- <br /> cent ot partnerahip Inierests,or(d e� limltod Ilabiifty company)a tatal of porcent of the Iimfted Ilabfifty Compa- <br /> ny lntereala o�va8cg�ights dudng Ihe perlod thls Deed of Tn�st remafns a Iten on the property. � <br /> 12.R�n�dhs;Ac�e�aradon Upon DM�utt In the event of any Event of Defe��lt Len�fer may,without note�o except as requtrecl <br /> by law.dedare a0 tndebtedness secured horoby to bo duo and payable and the sama shall thereupon become duo end payable with- <br /> out any preeentment,demand,protest or notioe of any Wnd.Thereatter Lender muy: <br /> (a)f9emand that'tnrstoa oxcrdse tho POWER OF SALE c.,��a2�d herefn,end Truoten shali ihereafter cause Tn.istor'o Inter- <br /> est in tho Pmport/to bo sold arM thc�Procoeds to bo disUtbutod,aYf ln tho manrter provided in tlte NebraskR Trust Deeds Act; <br /> (b)Exercf5e�+ay snd aU d�hts provided E,ar[n any ot tho Loan Inatr��r�am�or by law upon or.cumEnco of any Event of <br />- Dotault;And _ <br /> (c)Comrnonca m•r�a�tlon to forectors this Q�onal�of Trust as a mortgag�,epRcant a recefver,o�spocHict�ly�ntorrx�[�ny of the - <br /> cc�a hereoi. <br />_ No remedy itt�n,u�conterred upon Ar rar,eivasd to Tructee or Lnnder ts 6r�'t�ndod to bo exdusive ot ar�y w31wr remody Iteroin,In Iho I.aan <br /> tnatncments ov�jr law provided ar parrstitled.but each shnll bo cumulAtive,shall bo In addttfon to eve7yr otlwr remedy ghren horeundor, <br />- I�the Loen leatNments ar now or herea�er ex►stinr�a4 t�w or In equtty or by statute,epsd may be exercised concurrentiyr,indoponcbntry <br /> a�audnosivehr. <br /> - 13.Truat».The Truotee may res�gn at eny tI�re without cause,and Londor mny at any timo and without cousw[�ppoint a suc- <br /> cessor a substitute 7rustee.Tmstoe efiaN not be Ilsbte to any purtyr,Including wiihaut Ifmftatian Letxier,Borrower,Tn�stor or any pur <br /> c�heser W the Nraporry,tor eny bss or damage vnless duo to reckk►ss or wiltt�at mtsconduct,and shall not be requlred to tako any actlon <br /> in oonnectFon with tho ento�ement al tMa Deed oi Tnist unless Irx�amnlfind,In wriUng,tor ali costa,compe�setion or expenses v►�h{ch <br /> may be es�odatad thorewith.in addrtlon,Trustee may become a purchaser at any sate of the Property Qudk;lal or under tho power of <br /> - sab�roMed hersfn):Rostpone tho eale d qll or any porUon oi the Pr�rry,ns provkfsd by Iaw;or sel�Ihe Property as e whMe,or tn <br /> �eparate parceta or lots at Trustee's dscretion, <br /> 14.Fi���nd Exp�nsM.In the event Tnistee sells the Property by oxorcfse of power of sele,TNSiee shaY t►e entitled to appy <br /> eny eale procoede fi�at to payment ol a{I costa erxl exponses of exa�(stng powe�of salo,Inciudinq all Teusteo's toao,and l.ondaPs nnd _. <br /> Trustoe'e ettomoya tees, raatually incurtsa to�xtent pemtittnd by appllr,eble law.In the event Borrower or Trustor exercises any rlght <br /> praAded by lew to cure an Evenl of Detauk. lsndur shall bo entiUed to recov�er trom Trustor ell coste ared expenses actually Incurrec9 as <br /> a resuft of T�uato►'e deta�it,tncluding wltlaut Iimftetio:�all Trustee's end attnmey'o fees,4o tNe ex!ent portnitted by eppiicable taw. <br /> 16. Futun Adv�.Upon request of 8arower,Lender may,at its optlon, make e�kiiiia�al and future advanc�and read- <br /> vances lo Borrower.Such advences evad readvanoos.with Interest ti�er�on,shall bo sacurad by thts Deed ol T�us�At no Nme shaU the <br />