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'"_" "__.�:____"'_ "_.._- . ��� _.'._ _ <br /> _ _ - � -✓.._m�y.._. �.�.._...__..._ ._.'_�._.... <br /> .�nw - r�__.�_,.-__. <br /> 42�frl�.�=�-. <br /> i!!" .......u.�_ ,._"-_--1____�."l.�i'�7ARl9[ _N�N�lmw. <br /> "�'rccc+aoi�')(n conrtectlon wlth condemnntion or othsr taking ot thr�Proporty oe paR 4heroof,o fo�r convey��xl�u o0 ndflmnAtlon. <br /> Lender shall Fw entit!ed at ite o�+tlan to comme�ce,appear In and prosocute tn ite own name any action or procaedfnga,and shell alao <br /> be on4ltled to n�cko any compran�lao op ertilaniont in connoctlon wlti�auch takinti or dflmago.In tho ovc�nt nny partlon o1 tho Proporty Is <br /> ca takan or clamaged, Londor shcall havd tho optlor�In Ite calo�nd abs4!uto d'lscration,to appiy all euch prac�od�, afiar�aductln�p <br /> lhereiram all coste and expenses Incurred!�y It fn canne�tlon with euch Procaods,upon nny Indabtednoss sacurod HUroby and In such <br /> order as Lender m�y determina,or lo epp�y all�uch Proceede,atter s�ch ded�ctions,to the reatoratlon of the Proparty upon such con- <br /> ditbna es Lender may clstertnlne. P.ny eppficatlon af Pnnceade to Indebtednesa ehnll not extend or postpone the Gud date of any pay <br /> menta urxler the Note,or cure any detaull thereunder or hereunder.Any unapptied tunda shall bo paid to Truatar. <br /> 0. Mrtormanc�by I.ond�r.Upon th�a occurrence o}an�vent o} Detauli hereunder,ar If nny act la taken or lepal proceeding <br /> commsncad whlch materlalty ettecte I_enc�ePe Interest!n the Pro,nerly,Lender may in Its own dlacretlo�,but without obllgation to do eo, <br /> end wi[hout notice to or aemamt upon i mstor enu witnout re�eastng i rustor from any opt►gaUOrs,do any act whlch Trustor has apraeti <br /> but fatled ta do and may slso da any othar act It deerne�iecebsery to protect the securlty hereof. Trustar shall, Immedlately upcm <br /> demand theretor by Lender,pay to Lender all costa and expdnsea I�xurred and aums expended by Londer In connectlon wlth the exor- <br /> cl�e by Lender of the torepoing�ighte, toQelher w�th Interest thereon et the default rate provtdec�In the Note,whlch shall be edded to <br /> the Indebtedneas secured hereby.Lendershall not Ihcur eny Ilablllty because of anythfng It may do or omlt to do hereunder. <br /> 9.Huardous IIAat�rlat�. Trustor shall keep the Rropertyr In compllance wlth all sppllcabte lawe, ordtnances ana!repulatbne <br /> relating to Inductrlal hyglane or envlranmenial proto:.tlon(coltsctively reteRed to I�ereln as"Envlronmental Lsws").T�ustor ettall ksep <br /> tha P�aparty irsa iram all subabnccs cEaore�Sd to ba hazardaus or tox{a undar any�nvlra�mental Laws(caYecUvaly reterad to heraln <br /> as•Hezardaus Materlals').Trustor heraby warrante and representa to Londer that there are no Hazardous Materlals on or under the <br /> Property.Trustor hereby agrees to Indemnlfy and hofd hartnlesa Lender,Its dlrectors,oHlcers,employees and sgents,and any succes- <br /> sore to Lenaer'o Intorost,from ared agalnst any and all clalmc,damaga�,losseo and I(abltiUes arising in connsction wfth tho presence, <br /> use,dlsposal or transport of eny Hazardous Matedals on,under,(rom or about the Progerty.THE FOREQO1NGi WARRANTIES AND <br /> REPRESENTATIONS, AND TRUSTOR'S OBLIOATIONS PURSUANT TO TME FORE(301N(3 INDEMNITY, SHALL SURVIVE <br /> RECONVEYANCE OF THIS DEEU OF TRUST. <br /> 10.Asslynmenb of R�nt�.Trustor hereby assfgns to Lender,a�d grants�.endar a aecurtty fnterest In,all prosent,future and <br /> after a�ising rents,lssaes and proflte ot the Proporiy;�fOVldBd thflt TNIItpI'Bf1all,untll the occurrence oi an Event oi Detault,hereunder, <br /> have the right to collect and retafn such rants,Issues and proffta as they become duo and payeble.Upon the occurronce of an Event of <br /> Delault,Lender may,efther In person or by agent,wlth or wfthout bringing any aoUon or proceedtn�, or by a recetvor eppointed by e <br /> court and wl4hout regard to t�adoquscy of(ts secur(ty,enter upon and teke posseasfon oi the Property,or any part thoreof,In Ite own <br /> name or In t4�e name oi lhe Trustoa,and do any acte whtch It deems nocasaary or des(rabte to presenre the vatue,markotabll(ty or <br /> rentabllity of the Property,or any paR thereof or Intorest thereln,or to Increase the Inr,ome therefrom or protect the secudty hereof and, <br /> wfth or wlthout teking possesston oi the Pro�erty,sue for or otherwlse collect the rente,Issues and profits thereaf,Including th�ae past <br /> duo and unpald,by notitying tenants to make paymonts to Lender.Lender may apply renis,Issues and protlte,less costs and expens- <br /> ea of operation end collectlon Including attomey's tees,to any Inc!ebtodnesa secured hereby,a�l In such order as Lender mey deter- <br /> mine. The entedng upon and taking possesslon of the Proparty,the collecilon ot such rents,Issues and proflts,artd the applk,uUon <br /> thereof tte atoresa{d sltsll not cure or wahre eny defautt or notfce of default hereunder or tnvalfdate any act done tn res�wnse to such <br /> defieuii or pursuani io such notice oi aefauit an�, notwitnstanding the continuance in possession of tne pruperry or me cdlectlas, <br /> �ecelpt end eppllcaHon of rents,Iasues or profits,Trustee end Lender shalt be entftled to exerclse every dght proWded for(n any of the <br /> Loan Instruments or by law upon occurrenc�ot any Event of Defeuft,Inctudirg wlthout Ilmltatlon the right to exerctse the power ot sale. <br /> Further,Lender's►iahts sr�d remedlee under thls paragraph shall be cumulative wlth,and In no way s Ilmltatlon on,Lenders rights end <br /> remedles under any aes(pnment of basea and rents recorded aga(nst the Property.Lender,Tn�stee and the recelver shall be Itable to <br /> account only for thoce rents ectually recehrod. <br /> 11.Ewnb of D�hult.The folbwing shall constltute an Event of Default under thls Deed of Trus� <br /> (a)Fallure to pey eny Instellment of prfi�clpal or Interest oi any other sum secured horeby when due; <br /> (b)�breach o1 or detault under any provlslon cantalned In the Note,thls Deed of Trust,any of the Lnan Instruments,a any <br /> other Ilen or encumbrance upon the Propeoty; <br /> (c)A writ of executlon or attechmerrt or any slmtlar procesa shall be entered against Trustor whtch shall becortio a Ilen on <br /> the Pmperty or any portlon thereof or interest thereln; <br /> � (�1)There shall be flled by or sgafnst Trustor or Bonower an actfon under any present or future federel,state or other statute, <br /> Iaw or regulatbn relaUng to bankroptcy,Insolvancy or ather relte}for dobtors;or there shall be eppolnted rsny tnistee,rece(ver or <br /> Ilquldator of Trustor or Borrower or of ell or any pert of the Property,or the rents,Issuea or proBts theraof,or Trustor or Borcower <br /> shell make any peneral aeslgnment for the benetlt ot cred(tors; <br /> (e)The sate,transter, lease.asslgnment,conveyance or further encumbrance ot all or eny pan of or any interest tn the <br /> Proparty,either vduMa�fly or Involuntadly,wtthout tho express w�irien cansent of Lender,provlded that Trustor sball be permlt- <br /> ted to execute e lease of the Property that does not contaln an opUOn to purchase and the term oi wh�h cbes not exceed one <br /> yesr; <br /> (�Abendonment of the Proper�j;or <br /> (g)If Trustor Is not an indlvldual. the Issuance,sale,transfer, asslgnment,comreyarr�e or er�cumbrance o}more than(It a <br /> carporatlon)a totel o}„�percx+nt of its Issued and outsianding stock,or(If a paRnershlp)a total of per- <br /> cent of pertnarshlp Intorests,or(Ii a llmlted Ilablllty company)a total ot percent of the Ilm(ted Uabltity compa- <br /> ny Interests or voUng dghts dudng the perlod thla De�d of Trust remalna a Ifen on the property. <br /> 12.R�medla;Acc�Nretton Upon t�hul�In the event of eny Event ot Defauft Lender may,without notice except as requtred <br /> by law.declaro aU tndebtedr�sa secured hereby to be due snd payeble and the same ohall thereupon become due and payable wRh• <br /> out a�y presentment,demand,protest or notice of any kind.Theroaiter Lender may: <br /> (a)Demand that Truatee exerclse the POWER OF SALE granted hereln,and Tnistee shatl thoreafter cause Trustcx'e lnter- <br /> ost In the Properry to be sold and the proceet3s to be distributed,all In the manner provlded in the Nobreska Tnret Deeds AcE; <br /> (b) Exerctse any and all dghts provtded tor tn any ot tho Loan Instruments or by law upon xcurrence ot any Event of <br /> Detnult;and <br /> (c)Commortee an actlon to torecloso thf3 Dood o}Truat a3 u mortgago,appolnt a rc��ceiver,or speclflcally eniorce any of the <br /> covonants heroof. <br /> No romedy horoln conferrod upon ar resonrod to Trustoe or Lertder(a Intonded to be exclustve of uny othor remc3dy horefn,ln the Loan <br /> Instrumenta or by law provlded or permltted.but each shall be cumulatfve,shat!be In addfUon to every other remedyr gfven hereundor, <br /> tn the Loan Instruments or now or hareafter exlsting at Iaw or In equlry or by sletute,and may be exer�lsed concurrenUy,Independent�y <br /> or succeslvely. <br /> 13.TruN�e.The Trustoe mav reslon at anv Ume wlthout cause.end Lender mev at env Ume and without rause anndnt a suc- <br /> cess�r or substitute Tn�stea.Trustee shall not be Ilable to any party,Inclu�Ing w(thout Ilmltatlon l.ender,Bortower,Trustor or any pur- <br /> cheatjr of the Property,for any losa or damage unless due to recklesa or wllltul miscanduct,and shall not be req�eine�+to teke any ectbn <br /> In wnnectbn wlth the enforcement of tt�ta D�edd ot Trust unless Indemntfied,ln wdttng,for all co3te,compsnsation or expenses wh�h <br /> may he assocbted therewlth.In additlon,Trustee may become e pa�rchasor at eny sete ot the Property Qudlclal or under the power of <br /> sale Arented herein);postpnne the sale of all or any portfon of the Property,as provld3d by Iaw;or sQll the Properiy As�whole,or In - <br /> separate parcels or lots at Truatee's dlscretlon. <br /> t4.FMS end Expen�ss.In the event Truatee sells the Property by oxerclso of power of sate,Trustee sNall be entltled to eppry - <br /> any sale proceeda first to payment of all costs and expensos o}exerclsing powar ot sate,Including all 7rustee's fees,and Lendere and - <br /> Trustea's ettomey's feea, ectually Incurred to extent permltted by appllcabte law.In thd event Borrower or Trustor exercfses any dght <br /> provlded by law to cure an Event nf Default,Lender shall be entltled to recovar from Trustor ell costs and expenses actua�ly Incurred es - <br /> a result o}Trustor's dofault,Including without Ilmltetlon al�Trustee's and attomey's tees,to the extent permltted by eppllcablo law. <br /> tb.Futun Advsnass.Upon request of Bn►rower,Lender may,at Ita optlon,make addltlonal and future advances�nd resd- <br /> vances to Borrower.&uch advancea end readvances,wlth Interest th�reon,shall be socured by thla Deed of T►ust.At no tlmo shall the <br />