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<br /> ' R�•REC��@�D � 1.U�.�i� ��-° �'""'f��� �
<br /> � "Pror,eedy n connec on w(th conctemn� on othor takinfl of tha PropeRy►or pnN thoraol,ar for convEyenca n �3u o cAn natlon. __
<br /> � �_endor chnll bo ofltitletd�at lt�opt'.ov�te comii�once,nAnoaP In nnd pro3ocuto In Ito own nnr�lo nny ac2lan a�v{�maaa.;a��c�,and ch�ll a!:�o �
<br /> bo ontlUed to moke eny Co�npronlse or oetUamont In connecllon�rit7�eu�h Inkln�or d�r��aQa.In li�o ov�n9 Any parik���04 th�F'roRnry I� �;
<br /> -.. so tekon or dnmarsed.LenrEer shall ha�e the apUan in Ito coto and abs�o,u;a clisc�attan, ro cnpty el! r.a��!�ptoc�acts, �iter doductinfl _
<br />. ..,i i"�'. -
<br /> ,-,�:a � theretrc!n eU r,aste end expensea incurred by It In connectbn with euch Nroceede�up011 any ir+dt�5ttrtinobt5�ttti+:uiut7 h6iou�16Fhi 11 su�":
<br /> • orde�as LentMr raay Qetermine,or to appty ell much Proceade,after auch deductlon�,to lha raitorat►�n of Inh►'ropeRy ulwn su�h cor� __
<br /> .'�' � �4� ditlone as Londer may determine.Any appl�atlon of Proceeda to Inde�tednees shatl not oxtend or paatpnna the d�e date o9 any pay- _
<br /> _�' �
<br /> mnnte under the Note,or cu�e any delsult tharaunder or h�rou�der.Any une�rpllad lunde shati be pakl tn TruaMr.
<br />,...�4,:,.,�, ..
<br /> p, F�,',;,�;a.;;�a�y!:nrt�7.Upon th�nccurroncs c�t an Evant of De1�i+lt hereunder,or B nny n�t Is taken or le�l�Sracaod'+np ,
<br />��,<•�;,,�:�. commenoed whfch matarlalty eflocta Lender'e Interest In the Property,Lender may In ite own digc7otkan,but without obilprtlon to do so,
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<br /> ,� end without nntk:e to or dert:and upon Trustor and without releasing Tn►ator Imm eny obi{q ntton,da a►ny ar,t whleh Truetor haa agread
<br />'=`'_��� but lallecl to dn and may alsp do any other act it deems necda5ary to protect the aecuotty Neroat. TniE'a�c1�Ap, Immed�atety upon
<br /> demand theretor by Lander,pey to Lendar all costa and exDensss Incurrud arxi st�ms expended by LondAr Ir��oonnectlon with the exer-
<br />___..,.� � cise by Lender o}Uie toreguing righte,together with Interc�st thereon at tha defautt rate provkled In tha tVu'u�r,nS�i�shall be added to
<br /> the indebtedness secured heraby.Lender shall not incur any tiabiliy because o1 anylhinp it msay da or om�E to da h�teunder.
<br /> 0.H�zardou�Mat�tal�.Trustor shaH keep tl�e Propa�ty In cumpfianca uith nll Appllca�l�, leava,ordinances and reflulatbn3 _
<br /> �� i'�'� retating to lndustdal hyplene or environmental protectlon (collectNely rofenad to heroin as'EnvUnnta�t��t3�1 Laws").T�ustor shall keep
<br /> "w�n�'''' � the Property iree from nll substnncea deemed to be harsrdous or tox�under any�r►vf�anm�n�il Lav►:�(an;i�ctively reterred to horefn
<br /> �'� '." ae"Haxerciaue Materlais"�.Trustor ho�tby warranto and roptasents ta Lentier tht�t the�r�Rro no HaTS�rdm��Matprinto on or under th�
<br />-���;
<br />�;�,:Y,._�a� Properry.7rustor hereby agrees to indemnity and hotd harm►ess Lender,tte directors,otflGere,emptv�r�9 and apente,end eny nucoos•
<br />------ sore to Lenda�'s interest,from and apainst eny end all ctalms,damafles,lossee and Itr�lltce�a a►ittnp En oonnectk►n witl�tho�Maonao,
<br /> uos,disposal or transport of any Hazardous Mate�lais on,under,lrom or about the Property.TIdEf FAREGOINQ WJ4RRAN fIES AND
<br /> -�-'� REPRESEMTATIONS, AN�I TRUSTOR'S OBLIC�ATIONS PURSUANT TO TM� FOREG01�1C� INDEMNITY, SNALL.SUFIVIVE
<br /> f�'���� RECONVEYANCE OF THI6 DEED OF TRUST.
<br /> '2�3•�.
<br /> � 10.Awi�nrtKnt�of Ft�nb.Trustor hereby as+signs to Lender,and g�unt�Lender e saaurfty interest In,all preoent,tuture and
<br /> �'�"!��'; � atter eris?s�rt�nto,issues and proflte of thg PropeAy;prov�dod that Tnrstor shall,unUl the accurmnoa o}an Event o1 Default,hereunder,
<br /> �°�"`��'^'� have 14�o e�1t io catlect and retain sucl��e�ts,lBSUes an�prottts as��oy b�come dua and pay.nhk�.llPon the oocurrence of an Evant of
<br /> �,`r�;'f�� Defauit,3.an�ar may,e�ther in porson or by apent,with or witPro�t hrin�ing any acUon or pa�caedfng,or by a receiver appointad by a
<br /> ;;;;�J,.'•�� PoRy. Y P
<br /> _ -- court and withrwt regard to the adequacy ot its secudty,cntar upor�and take po�.so�ton oi th�Pro or an art thereof,in fte own
<br />_�_--,�; name or In the nAme ast t;�a Truutee,and do any n�s�n.�rich (t deems necessaq�or dostrabb to preserve the valuo, marketability or
<br />__���� rer►tebfl{ry ot the Prope�sy,�r any part thereot or intere���?►arein,or to incroase thP inc�oms+U�erFtirom or protect the security hereof and,
<br /> _--_-- - with or without taktnp possessbn of the PropeAy,sue tor or othei�t�?�col4ect thfl ront9,t���os an�i proBts thereof,in�duding those psst
<br />°-`° duo and unpaid,by notitying tenanta to mske payments to Lender.L�ender may 8pply rortita,lssz�es end propte,less�osts end expens-
<br /> �� es of operaUon and coflection including attomey's fees,to arey ind�dt�adness securod hereby,all In such order as Lender may deter-
<br />--=-- - mine.The entedng upon and tekinq possession of ths Proporly,the coltection oi such rents,issues and proftts,and the applfcatk►n
<br /> thereof es sforesafd shali not cure or waWe any do�lttt ar nfltica oi daiAUii npraurni:�r ai i�rv6i3;a-23 asr;sai�Sn:�°....�s!�°:._.�
<br /> datault or pursuant to such notice of defauit and, ncrc,viYns!andinfl the conUn�+tinre in posssssion ot the prcpeKy or the collecHon,
<br /> - receipt ax1�Zpplbation of renta,issues or proftts,Tru�taD and 9.Er+deT shAfl be en'�Hosi to exaratse svery�ight provid�+d for in any ot the
<br /> _-- Loan 1�5�ra�o�ts or by law upon occurrance of eny F_vent ot polault,inctudN�y vrithout Om►tation th�right to exercise the paw►s�r a�1 sa�e•
<br /> � � Further,Lent�et's dghte and r�medies under this parfagr�aph shall be curo�ul¢tNro with,and in no way a Iimitatlon on,Lenders dghts and
<br /> a remedies under any assignment af leeses and rents�eco�ded a�tnst the Prapariy.L�ndor,Truotee and the reoahrer shatl be ilable to
<br /> aocount only tor dwse ients actual{y receNed.
<br /> 1 t.Ewttt�of D�a�9�The tolbwing ehall oonatituta an Event o0 Dotault under thlfl Ueed ot Trusr
<br /> (a)FaNure ta pay any inatalimont of principal or in2orest af en�y oU�er sum sacured hereby whan dua;
<br /> (b)A breach of or detauR under eny provisbn oontalnod in tho Note,tfiis Deed of Trust,any of tfie Loan In.Strumonts,or any
<br /> other tlen or encumbrance upon the Property;
<br /> (c)A wdt of execution or attachmont o�any similar proaoss shali be entored against Trustor wh�h shalt beaxne a lie►n on
<br /> tho Proporty or any portion thereof or fnteresi tharein;
<br /> (d)Thore sholl bo filod by or agalnst Trustor or Bornnw�r an ection undar eny present or future federai,state or other stetute,
<br /> ---_—`_- IaY�Or reguiatwn niiuun�iu bu�i��uNi�y�in�vinii.y"vi Ou oi iEiioi,vi wuiv�o�Li ,L'iow v�iw�.�5..°.^y.^r7^-�':�{.'L�aP°fn�NAw raf`A�YAf fN _
<br /> -- - Ilquidator of Trustor or Ronower or of aii or any part ot the FropeRy,or the rents,lssuea or proflts thereM,or Trustor a[iorn�rer
<br /> �� shall n�alce any genoral asalgnment tor the beneflt of creditors;
<br /> (e)Tho eale,tr�a�far, {ease, assignment,conveyance or further encumbrence of ell nr any part of or eny Interest tn the
<br /> PropeRy,efther wn�untarily or involuntarily,w]thout the express written consent of Lender,provided thst Trustor shall be pertntt-
<br /> ted to execute a leass ot the Property that cioes not contain an optta�to purchase end the term of whlch doos rto!exceed one
<br /> y�ar.
<br /> (�Abendonment ot the Property;or
<br /> (g)If Trustor Is not an tnd(vfduol,the Issuanco,sale.transfer,assfgnmont.conveyanoe or�r�mbrerae of more than(H a
<br /> oorporetbn)e total of per�cunt of tta issuod and outstxndir►g stock,or(if a partnershlp)a totsl of per
<br /> con4 ot paRrwrship interests,or(If a Iimited fiebiltty company)a totai of porcent o!the Ilmited Ilability compa-
<br /> ny lnterests or voUng�ights during the pedod this Doed of Tnist remains a Iien on the property.
<br /> 12.Remodtoij AcceiK�tlon l�pon DNault.In the event of ar�y Eve�nt of Defauit Ler►r�f may,withaut notke oxcepi as required
<br /> by law,declara all intWbtedness secured hereby to bo duo and payable and tt�o same shall thareupon becom�due end payable with-
<br /> _ out any prosentmont,domand,protest or noUce of any kind.Thoroafter Lender may:
<br /> ° (a)Demand that Trus:ee exor�cise the Pt�N1ER OF SALE granted heleln,and Trustee shell ther�after causo�'rustot's Intas•
<br />-__ = est tn tho Proporty to be sold and the proceeda 4a t�.►distdbutod,ail fn the m0nner providod in tho Ne6rsske Tn,ist Deeds Act;
<br /> - (b)Cxercise any end nIi Hphte provlded(or tn any of tfio Loan Instruments or by Isw upon occurrence ot eny Event ot
<br /> .. ' ___ = qet�uik and
<br /> - - - (�)Commonao an actton to forecloso thts Qeed of Trust as a mortg+�ga,appoint a receiver,Oi 6p9CIRC8IIy @D�D7CD c'lfly 0}V18
<br /> '-� c�venRntshoreot.
<br /> -= No remody heretn con}orrod upon or reserved to Trustoe or Lender is intended to bo exdusive of any other remedy hereir�,in the Loan
<br /> ---�� In�irumants or by law provtdod or pertnittod,but eflch shait be cumulaUve,shall be U addiUon to every ott�or rortx.�dy g�von hereundor,
<br /> "`!""� In thu lx►ar�In�rumonte or no�v or hpreatter exlsUng at law or In equtty or by statute,and may b�exercised concurrenUyr,tndeper►dentiyr
<br /> -----�'+ n�eiuv�aaiudv
<br /> _��;`,i��c`.� � 13.Truate�.The Trustee mn�r re�i�+�'t any Ume without cause,and Lendor may at any 9�me and without cause appa�rc e su�-
<br />-::��,,,..�� cessor or s�bsUtuto Trustee.Tnlstae`shall not be Ilable to any paRy,including without IlmitaUon Londer,8orrovrer,Trustor or eny pur-
<br />-��+-��� chaser ot the f'roporty,for any loss or damage untoss due to rockless or williul m.sconduct,and shall not be requlrod to tF►kke any aCUon
<br />—��''�{ : tn connectlon with the enforcement oi thls Deed of TNSt unless indemn(fied,In wriUng,for all costs,compensatlon or expenses whk�
<br /> -�"`-"'"`�' may be assoclated therewith.In eddiUon,Teustet�may becorr�e e purchaser at any sate of the Property Qud�fal or undor the power of
<br />--T'-�� salo granted hereln);postpone tho sale af aIl or any poRlon oi the Propsrty,as provlded by lew;or sell the Property as a whoie,or In
<br /> ` rate parcels or lots at Trustee's dfscreUon.
<br /> --='s�e� �
<br /> .�-`o� 14.FMS�nd Expens��•�n the event Trustee sells the Property by exerclso of powor ot sale,Tru��tee shall be enUUed to apply
<br />�,•a::;7�?'.-;�•� gnY sale Proceeda Hrst to payment of all costs and expensos of exerclsfng pdwer ot sale,Including aIl Trustee's tees,and Londer's and
<br />�;}?;�;.,� ; �'►ustee's attomey's tees, actualty Incurced to extent permltted by appticable law.In the event Borrower or Trustor exardses any dght
<br />`i�' b law to cure on Event of Default,Lender shall bo enUtled to rocover from Trustor all costa and expenses actually Incurred as
<br /> _i��`,,1�`.�T.,.°�,�' Provkj@d Y
<br /> __��,�. a resuft of 7rustor's default,Including wlthout limftatbn all Trustae's and aMorndy's fees,to the extent permittod by c�plicablc�law•
<br /> ��_ _ � ' 16.Futun Ativa�s.Upon requast of Borrower,Lender may,at fts c�ptlon,make additbnal and future advances end read-
<br />_���;� ��� vances ro Borrower.Such edvences erxl readvances,with Interest thereon,sNall be secured by thla Deed ot Trust.At no time shail the
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