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<br /> "prt►cseds`)In carnection wlth condemnation or othoe takinp ot t�e Proparty or pnrt thoreot,or tor con�yLence I�dG�LbA�fL�nation.
<br /> I.andor eh3!I bc�untitlnd Rt It3 a�stlon to cammenco,o�Ewsr in and p►nsecuta In its own nams any aMlon ar proceedings,and shall also __
<br /> b�cnt►tic�to r���tco��sy cornnraiti�le�or cottfor�lcnt In con►teetlon with ouch t�kin�or dArna�v.In fho ovont nny portlon o!tho F'roporTy is �:
<br /> so takan or damaped,Lerufer Qhall have the opiiai In Ite sale artd absolute dlscroUfln,to apply ull o�ach procQa�ia, ciftcr doductinp
<br /> lhereirom aUl coste snd ex�wnsen incurted by It In�cx►nsctbn with euch Proceede,upon any indebiedncasa securod hereby and In such __
<br /> orc0ar as L.end�r may determine,or to appty sll such Proceede,after euch derluctione,ro the�eatoratbn o1 the Praperty upon eucle can-
<br /> diUone ee I�eni�er mey determine.Any appllcatlon ot Proceeds to indebtednass ehall�at dxtend or postpone the duo date o1 er►,y pay- .__
<br /> mente uroder ths tJate,or cun any detauft thereunder or hereunder.Any unapplied tunde ehall be patd to TNStor. �^_^^n^� _
<br /> B.�rtom►�nc�by 6a�dr►r.Upon the occurrence ot an Event of ueieult�araundar, or H aiiy a�i I�u,kaii o�ia��N��o..��e
<br /> commeixecl wiiich n�aiesiaity aSietto L6nt3ar'c In4c�cct In th�Prop�r4y,Lcrtd�r m�y in it�o:vn dlsr.re.t!on,but w+ithout M�1k�at{on to do ao,
<br /> h.��.i...Yi�.J,.wl�w�lww T M� �vn en�.�hllnafinn �1n an�net uiFilf!11 fflWOr�IYR Yat�YV .
<br /> ono wiiiwui nuiiw iu vi unmai�u iijw,��Tti:o�v�o�M..���...���..�....,,���y t��..,.Ss....._.,__..�..... .., "
<br /> but fallsd to da and may also do any other sct It deems necessary to protect the secu8ry hereof.Truator shall, Immediately upon
<br /> demand therelor by Lender,pay to I.ender e!I coata and e�nses Incurrod and sums expended by Lender In connection wItli the exer-
<br /> clsa by Lencbr uf the toregotng�ights,topether wtth Intereat tfiereon at the default rete provided{n the Note,whlch shall b�e added to
<br /> the Indobtedness eecured hereby.Lender shall not Incur any Ilabll(ty because of anything ft may do or om(t to do herounder.
<br /> 9. Ha=udouo MlatoiNtr.Trustor shatl keep the Property In compliance wfth all appt�able laws,ordlnancea and repututbns _
<br /> relaUng to Industrlal hyplene or envlronmentel protectbn(colle�cthrely referred to Iiereln ae"Envlronmental Laws").Tni�tor rh�ll keep
<br /> thu Property frco(rom all subatances�Jeemod io be har.erdoua or tflx�under any Envlronmental Laws(calkfctively reterred to hereln
<br /> as'Hazardoua Matetlals`�.Trustor hareby wanants end represents to Lender thet tfiere are no Hazerdous PAatedals on or under the
<br /> Property.Trustor hereby egraea to Indemnity and hold hartnlesa Lender,Ite ckrectars,ofiicers,employees end egsnta,and any sucxes-
<br /> sors to LendePs Inte�est,irom and agalnat any and all clalms,domages,losaea and Ilabllltlos�dsing In connecUon wlth the presonce.
<br /> usa,dtsposul or transpoR ot any Hazardoue MeYerlals on,undor,irom or ebout the Property►.THE FOREtiOING WARRANTIES AND
<br /> REPRESENTATIONS,AND TfiU5TQR'S OBLI�ATIONS PURSUANT TO THE FORE(i01N(i INDEMNITY, SHALL SURVIVE
<br /> i�EGQftIVEYAR:�E�F THIS DEEO OF TRUST. -
<br /> 10.Asst�nrt�nt�of Ronta.Tnistor hereby assl�ns to Lendor,and grants Lender a securlty Interest In,all present,tuts�re and
<br /> eAter edslnp renta,lgsuea and proffts of the Propertyr;provlded that Truetor shall,unttl the occurrence ot an Event of Uefault,hereunder.
<br /> I�ave the r{Qht to collect and retaln such rents,IssuAS and proflts as tFiey become due end�oaryable.Upo��the occurrence of an Event o!
<br /> Detault,Lender may,elther In person or by agsnt,with or wlthout bdnging any acUon or proceeding,or by a recelver appolnted by a
<br /> couA end wfthout repard to the adequacy of Its secudry,enter upon and take possesslon of 4he Property,or any paR thereof,ln Its own
<br /> narr�e or in Ihe name of the T�usteo, end do any ects whlch(t deems necessary ar deslrable to preserve the�elue, marketebtllty or
<br /> rentablllty of the Property,or eny part thereof or Interest theretn,or to Increase the income theretrom or protect the secu�iry hereof and,
<br /> whh or without teking possesstore ot the Properry,sue tor or otharwlse collec2 the rents,Issues and profits thereof,tnduding those pest
<br /> due end unpa{d.by notlfying tenenta to make payments to Lender.Lender may epp�y rents,Issues and proti2s,less oosts end e�ens-
<br /> es o1 operatbn and col�ect�on bk�uding attamey'e fees,to any indebtedness secured hereby,all in such order ae Lender may dater-
<br /> mine.The entering upon and taking possesslon oi the Property,the cWlectbn ot such rente,Issues and Rroflte,and the epp�lcalion
<br /> thereof as etoresNd ahall not c!are or walve any detault or not�e of default hereundor or InvaOdate any ect done In response to such
<br /> default or pursuant to such notice of detault and,notwtthstanding the contlnuance�n possess�aa oi tne properiy or me coiincui,r�,
<br /> recelpt and eppl�atk�r►Qf renta,Issues or proflts,Trustee and Lender shall be enUtled to exerclso every dght provlded for fn eny of the
<br /> Loan Instruments or by Iaw upon oocurtenoe of any Event nf Defauft,including without Umltation the rlght to exerdse the power of sale.
<br /> Further,Lenders dphts and remedle3 under thls paragraph shall be cumulaUve wlth,and In no way e limitation on,Lende�'s dghts and
<br /> remedles urxler eny aselgnment of leases end rents recorded agalnst the Property.Lender,Trustee and the recelver shall be Ilable to
<br /> eccount only tor tlase rents actually recelved.
<br /> 11.Evrnb ot t�hulf.The folbwing ehall consUtute an Event of Default under thls Deed af Trust:
<br /> (a)FaNure to pay aoy Installment of princlpal or Interest of any other sum secured heroby wi�en dus�
<br /> (b)A bread�01 or detault under any pravfsbn conta(ned In tho Note,thls Deed of Trust,any of the Loan(nstruments,�r eny
<br /> other Ilen or encumbrnnce upon the Property;
<br /> (o)A writ of exmcuUon or attachment or any slmllar pmcess shall h�e entered agatnst Trustor whlch ohall becc�me a 8en on
<br /> the Property or any porrtton thereaf or(nterast tfierofn;
<br /> (�There shall be tiled by or agalnst Tn�stor oe Bo�rower an actlon under any present or future tederel,state or ott�or etatute.
<br /> law or repulatlon relaUng to bankruptcy,insofvoncy or other rallef tor debtore;or there shaU be appolnted any tNStee,reeeiver or
<br /> Ilqu�etor ot Trustor or Fbrrower or oi all or eny part of the Property,or the rents,Issuea or pro;lts thereo(,or Trustor or Borrower
<br /> shall make any qenen�l a�slgnment tor the beneflt of credltors;
<br /> (e)1'he sab,trensfer,lease,asslgnment,�nveyance or tuAher oncumbrance of all or any part of or anv Interast In the
<br /> Properry.etther voluntarfly or Imroluntarily,wiitwut the express written consent o4 Lender;Provided that Tn�stw ehall be pertnit-
<br /> ted to execute a lease of the Property that doea not contaln an optlon to purchase end the tertn of whlcte does not exceed one
<br />' ;e�;
<br /> (Q Abandonment of the Properly;or
<br /> (g)If Trustor Is not�n Indivldual,the Issuance,seta,transter,asslgnment,conveyance ar encumbrEUxe of more than(H a
<br /> oo�porat{on)a tota!of percent of Ite las�cod nnd outstanding stock,or(fi a partnerahtp)e tofet of _per-
<br /> cent o} partnerehtp�nteresis,or(If a ilmfted IIabIllty company)a total of percent of the tlmttsd IiabilHyr compa-
<br /> ny Inter�ats or voUng rights dudnp the period thls Deed o}Trust remalna a ilen on the propertyr.
<br /> 12.R�nwdt�a;Ac�ratton Upon Dstault In the event of any Hvent ot Detautt Lender may,wlthout natice except as requlred
<br /> by Iaw,dedare eH Indebtedness secured horaby to be due and payable end the same shall theret�pon t�ecomo due end payable with-
<br /> out eny presentmeret�demand,protest or not�e of eny klnd.Thereufter I.ender may:
<br /> (a)Oemand that Trustee exerclse the POWER OF BAL�granted hereln,and Tru3tee shall thereafteK cause Trustor's Interv
<br /> est In the Property to fx�sold and the pr�eeds to be dlst�ibuted,all U the manner provlded In the Nebraska Tn�st�eeds/1ct;
<br /> (b) Exerctse any and fllt �Ights provlded for In uny of tho Loan Ins4n�mente or by Iaw upon oa:urrence of any Event o}
<br /> Detault;and
<br />- (�)�.emrr►8;sca en action to toreclose thls Deed of Trust as a mortgage,appolnt a rocolvor,or specl@cally entorce any of lhe
<br /> covenants hereof.
<br /> t�o iemedyr h�reln conleRed upon or reserved to Trustee or Lender Is Intended to b�exclustve of any other remedy hereln,ln the Loen
<br />- Instruments or by Iaw provlded or pem�Itted,but each shalt be cumulaUve,shalt be In edditlon to overy other remedy given hereunder,
<br /> In the Loan Instrumente or nuw or hereafter oxlsting at law or In equ(ry or by statute,and may be exerclsed concurrentlyr,Independontly
<br />- or succestvely.
<br /> •n T.�a.� TM Tn.n*m mnu tnnlnn a1 nnv tlmo uiltMNd P.all�'A.At1d LH[IdB�IT1flY 9t el1V URIB HIIIJ WItI�OUt C$USE��It e GUC'
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<br />= cossor or aubsiitute TNateo.Truatee ehall not be Ilable to any party,Incluafng w(thout Ilmltatlan Londer,Borrower,Trustor or a�y pur-
<br />— chaser of the Properiy,fAr any lass or damage unless due to reckless or wlllful misconduct,and shall not be requlred to t&ke any ectbn
<br />- In connectlon wllh the eniorcement ot thla Deed of Trust unless indemnftlad,In wr(Ung,tor all costs,compensaUon or exponsos wh�h
<br /> may be asaoclated therewfth. In addiUon,Trustee may become a purchaser at eny sale of the Proporty Qud�lal or under the power of
<br /> eale granted herelnj;postpone the sato of all or any portton of the Properly,ae provtdad by law;or sell the Property as e wlwle,or in
<br />�° separete parcels or lots at Trustea's discreUon.
<br /> 14.Fses�nd L=xp�ns�e.In the event Trustee solla the Propnrty by exerclsa of power of sele,Tn�stoe shsll be ontllled to appty
<br />� any salo procoeds tirst to payment of ell costs and expensea of exarclsinp power of salo,lncluding AII Trustee's tees,and Lender's ared
<br />� Tn��tee's attomey's taes, actually[ncur►ed to exteni perm(ttod by applfcable law.In tho event fiorrower ar Trustor exerclsea any�jht
<br />= provlded by law to curo�n Event of Dotault,Lender shall be enUiled to�acover from Trustor all costs and expen3es actually Incurcod as
<br /> = a rssult of Trusta�'s detault,Including wlthout Ilmftntlon all Trostee's and attomey's fees,to the extent permittod by applicable law.
<br /> 1b.Futun Advanctl�.Upon requost of Borrower,Lender may,et Its optton, make add(tlonal and tuture udvances and read-
<br /> vances to Borrower.Such advances and readvances,wfth Intnrsst thareon,shall be secured by thla Deed ot TnisY.At no tlme shaA tfie
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