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<br /> .th�p�op�rty ia�o Wan or d�d�,t+�n�r sh�it haw1M opdon,l�itisotu�nd ab�ptur diauetloa.�o apW�►au wct�Proc�
<br /> �._ _ Nrrd�duc8t1Q1qKifraniNaa�b�itdsxpei�s��inqJrr�Qyltl�co�qeCNOf1�r'tqlst�Ct��'sooY�.i,ponan7f��--- . ..,._._
<br /> - ---- - -
<br /> -- - 11 -�ildit��QC6� a11i11C11i'f�ed�.-Yltef3acN�off�l�tlfi�f����--
<br /> - prapprryuppnsuchcondittonsaaLSndxmaYdeb�mtns:lUryapptical�4noiPia:eed��oi�beednasssfuillnot�ndaPo�
<br /> tha dw�s of snY Wri�ts under ths NotR or cure any�ebai�eteunQe�art�e�eund�:I�n1i�f�ds�Mi�bf�— —_
<br /> Tru�or. ' , _ . ..
<br /> g_p�ma�w�by La��Upon the accurre�ca ot an£vant ot Oetauittieieu�ide�;or if any act is taken or le�al proc6edinD
<br /> ��wp��ya(Mc�t.ertdePslntermtinthePropOrty.L+eiiQet!�YiniboylndiacreUon.b:itwifhoutobliytiti�ontodu _ _ w-_. ._
<br /> a0.u�d witl!out notics b or demand upon Tie,�tor and wNhout iuieasin9'tY�tcQm�hy abli�aBon.do ar►y actwhtch Tru�lor ta� -
<br /> ayreed but tatta ta do and may atao do any�er acE it deema nei�ssar�to protact U�aecutity hereot.Tnistor ahall,immadia6el� _-_
<br /> . upon demand tAeretor by Lender.pay to LenderelF cnsts and expertses incurred and sums expended by Lender in conneC6on with_ �--
<br /> �e�y�py{�ndera{tReteregoin9rfghtt-.,tajelherwithin�eresttheteonatthe�efaultrateproV(d8dintheNote.whichshailbe" -_
<br /> �yp�E��nass sa�..�crod here6y.Lender shall nat incur any liaWlhy because o1 anylhing•ft�maY do oF omit to do _
<br />- ` he�u►dOr. ""' ' --_
<br /> ° g t1a�w�dous YaM�iaU.Trustor shail kaep the Pro}�e�/in compiiarice ii�ith all appf(wtrte taws:ordi�ances and regutation� --
<br />� retatln�tu inde�hiat trYg�ene or environmer�pratection(coltectively�efer�ed W heretn as"Environin@ntat Lawa 7-Truatnr shall =--
<br />`� keep the?roperty i*es4�am a1i suWtances deemed to ba ha:ardaus or Wxic a►icier any Environmentai Laws(ca(tectivety re/erced to —
<br /> - hecein as"Hazardo�rs Mateflalsy.Truatar hereby warrants and represBnta w Lender ttiai thereare nc Hazardow Materiata on or
<br />- underthe PropeA7t•TrUStor hereby agre89 t�indemnity�nd ho!d harmtess lerlder,its diracta�s,otticers,employees and agents,and = _
<br />� _ any successors to�ender's interestfiram and agairui anY and atl claima damages,lasses ana tiabiti�es arisirtg in connection with _�_,.,�_�_
<br />- the presence,use.disposal o�transport ot any Hazardoua Meteriaia a�runder,hom ar abcut fhe Property.THE FQREGOIN� -----
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<br /> WARRANTIESANOREPRESENTATtO�iS.ANDTRUSTOR'308UGA'iIONSPUA3UANTTQTHEFpREC�0INGINDEMNIT1f,SHALI �=�_`
<br /> �"�-_
<br /> - SURVNE RFCOMIEYANCE OF THiS QEEQ OF T{�tlST. �' '• �;:��-.
<br /> � �0.b�enNnt d lt�np:Trustbr hereby assi8qs to Lender the reftb.issuss and profits ot die Pro�e,�t}i;provided that Trustar
<br /> �'f�if �..a ,J:
<br /> ' sh�r�.�tit the occurrence of an Eu�o!Defauft her+eander,have the�ightto cottect and seraln suah�ents.iss�es and prufits as. ti.� T
<br /> , � • � t�e,ca�due and paysbla.Upo»�(ie:accuaence ot an Event of Qelaolt,Lend�r may Q19ieri�;parso�or lry age�L with:�.�a`�!'t�?I' - �- �
<br /> �r�nginxany actlon,or proceeding;a�s by a receiver appointeil bp a couR and Withou�rege�cr�tathe adequacy of ds szcw^�*�..��tar '. �� _
<br /> �spon�nsf take p�ion ot it�e�roperty,o�apy padthereot.ln its o4Yn name er intt(g aamea'��he Trustea and do any ac2�x;vva:sE�R_. ��
<br /> , �ee�snecossa�ardasi�abletopreservethedalu�mackembAityo�rentabdKyolttteProp�Ay:ciranyparfti+ereofavidterest�rereirt,`:' :�� � .r��
<br /> r1 a� • ;qcr�ase,t he Iricosrie�'f he r e fr o m o r p ro t e c t t h e s Q C U[i ry h or eof And,witb Qr�ufho'ut taking posse.ssipn of the Pro(seRy:sue tor ar�• .
<br /> ,� .:,c#hO�W��cott�Ct t�e�rents.issues and�F(o�'its therebf.iact}'riling�2hoae.pAS�t c�ue and�.�r�Pa[A�and aPP.ty.the same.,(ess costs artd p � , ,
<br /> � ,�= � ezpensesOtopefationandcollectioninclttdingattqRieys'teas.uponanytaQe4;ednessseauredheief�y�8itinsuchoideraslender � �
<br /> a it.�., �� .may fletermine:The$nt9Fing upon and;aking.po�st�ssion of tfi�Prupe R l►�t�e co t i e c t fo n o f 5�c f t r e n t s.I s s u e s a n A p r a�s�.^d�se � '' _
<br /> •r ���, � ,appUca�ort'ttiereot as�ic�resaid�atr�li nnt cure ar Wa"sve anyl deisult or notl�e.nE.detautt hereynder br ir�v�.`�date any ac:Qone in =� ,
<br /> � �ir; ` ' , r�,sponsetosuc.�ide'faultq�pur�ugti{tQs'�c�riquc+eCtdefaultand,notwrths�aR�:mqtheconNnuancefRpas��noithePropertycr _
<br /> •'•'=;', 'E;� ,. ttie copeCfi'pn;rycceiipt and epp(fdeNort qbr.��jg;,s�,""�sues or profits,artd Trustee and LandOr sh�il be ent`!�"s exercise every right :
<br /> . A�^ }.
<br /> � ' proyided tor t�any of the Loan CRStturr,entsar 6y taw upon occurrence o�any Event of Aefau':mciuding�rithout limitation the right .-_� t
<br /> W exarctse tha power ot saie.Further,Lenders rights and remedies under this paragraph shaF�be cumulative with,and in no way a a,�=;._,
<br /> - '�.,r Itmitation on.l-ender's rights and remedies under any assignment of leases and rents recorded against the Property.Lender.Trustee _ ��-�-�-
<br /> r ,.
<br /> and the reCeiver shatt be liabfe to account oniy for those rents actually received. i''n`'���"�:
<br /> �. 11. EvMb M DN�ul1.The faltowing shaL'C�nstitute an Event oi Defautt under�his Oeed of Trust °�t`'�'=�:"`r
<br /> ¢. {a) Faiture w pay any instapment ot prirtc�pal or intarest ot any other sum secured hereby when due; •'�:..!�;': .
<br /> ,,^•.�•�.,,`.'� (b) A breach of or default urtder any provis�on contained in the�Jote,this Oeed of'frust any of the Loan Inst�uments,or any -s�: . � _
<br /> -� �� , other tien or encumbrartce upon iha PrapeRy: • •
<br /> ` �+4' (c) A writ of execution orattachment or ar,y simdar process shall be entered against lrustor wniCn shatl become a Itert on
<br /> �;��$.:,�; the Property or any portion ihereof or�nterest therein: �
<br /> .� = �� (d) There Shali be fited by or against Trustor pr Borrowet a�aCtion an�er any present o�tuture tederal,state or other
<br /> statute,law or regutation retating ta bankruptcy.insolvency or other reliet for debtors:or there shatt be appointed any trustee,
<br /> ' recei�er or liquidator ot Trustor or 8orrower ar of all ar any part o}the Property,o�the rents,issues or prot�is thereof,or Trustor
<br /> : �. or 8orrower shall make any general assignment 1or the benefit of creditors; _
<br /> � ;,� ._. (e)The sate,iransfer,tease.assignment,conveyance or fuRhe�encumbrance ol aSl or any paA ot or any interest in the
<br /> •.,_ �;-E,.y;;�. PropeRy,either volunta�ily or invotunlanly, without the express Nritten consent of Lender;provideG that Trustor ahail be
<br /> ; `�.�Lr���_�,�. , permitted to executa a lease ot the Property tnat doe�not conta+n an option to purchase and the term ol which does not exceed � „
<br /> . ° : �{..;::.
<br /> . f� : r �.-:�:� .. one year. .
<br /> _ �;�ti: (Q Abandonment ot the Property;or
<br /> _ ''j�, (g) H Trustor is not an individua�.the issuance,sale,trans`e�.ass:qnmenf,conveyance or encumbrance of more thart a tota i ` _�
<br /> ��„ ` � .�t:�_;..:�:=
<br /> - ' �1 percent of(i1 a Corporation)its issued and ouUtand�ng stock or(if a pannership)a total of percent af 4 � , _
<br /> .�_ • paRnerahip interests during the period th�s Oeed of Trus1 remains a t�ers an the Property. .
<br /> ,*- .- �Z,p�m�fi�s;AeeNKStbn 1lpon ON�uta in tre event af any Event of 0efauit Lercter may,without natice excep!as required by �
<br /> ..;....
<br /> � `�'=`'�' tew,declare all indebteQness secured hereby to be due and payablo and the same srali thereupon become due and payable • �
<br /> �.� ,
<br /> �s . �°._ -;. _n . .
<br /> ���_.; wlthout any p�esentment,demar.d,protest or notice ot any k,nd.Thereaft9r Lender may. ; .
<br /> � .;•' f�` ''' � (a) Oemand that Trustee exerclse the POWER 0� SRLE granted herein, a^a Trustee ahali lhereafter cause Trustor's � ,`::.�,
<br /> ', . . " . � ' interest in the Property te be sofd and the proceeds to be d�stributed,ail in the m.anrrer provided ln tho��ebraska Trust Oeeds • ,
<br /> ,...:. .. . ACX .. _
<br /> (b) Exeraise any en0 a�l fignts provided for in any oi the Loan tnstruments o�by law upan ocCUrrence oi any Event of . ,. .
<br /> �=:�,�,4,. ,�._ r , Defau�k and �
<br /> -:::,-, . -. . �
<br /> - (c) Commence an action to foreclose this Oeed ol Tr�9t as a mo�tgage,appo�nt a�eceiver,pr speci(icaity entocCe any o!the
<br /> _ covenants hereof. •
<br /> NO remedy hereln conierred upon or►eserved to Trustee or Lender IS intonded to ba exclus�ve ol eny other remedy hereln,in the
<br />- � �' • Loan Instruments or by law provided or pe�mitted,buf each shall be cumulative.shatl be In additlon tc every other remedy glven , ,
<br /> , � � � hereunder,in the Lodn Instrumenls or now or hereafter ox�sf�ng bt law or in aquiry or by statute.and may be exerCised cancurrently,
<br /> . - lndependently or suceessivety. •
<br /> • � • � 13.T►ustN.The Truatee may resign at any time w�thout cause,and Lpnder may at any tir,�e and w�thout cau3e appolnt a
<br />- ' � � successor or substitute Trustea.Trustee shall not be liabl9 to any party.including without limitaUOn Lender.Borrowar,�rustor o►any
<br /> � � ' purChaser of the Property,tor any loss or damaqe untess due to reckless or willtul m�sconduct.and snatl not be requlred to take any
<br /> ' • action in connoction with fhe enlorcement of th�s Deed o1 Trusi unless indemnitted. in wr�Ung,(or all costs.compensation or
<br /> � . ' � � expenses which may be associated therewith.In addition,TrusteA may 6ecame a purchaser at any sale at the Property Uudicial ar
<br /> � '- �� -� under the power o!sale granted hereln}:postpone the sate ot a11 or any port�on ot the Pronerly,as provlded by►aw;or sell the
<br /> Property as a w"3a:e,o�in separale parcels or lots at Tr�stee e discretion, _ __ _ . .
<br /> � �;;rr{::.• � � t4. FNa and E�cp�nus.�n the event Trustee seUS the Pwpe�ty by exercise of power a1 eale,Trustee ShaU be entitled to apply
<br /> �ti?`;�r�� . � � �. : ar,y sa!e proceeCs firs!to paymeM o1 a11 cosss and expenses of exercising power ot sale.�netuding a!1 Trustea's tees.a-s Lenders , .
<br /> . � . • . .�;,.. ans Trustee's atta:r.ey's tees.actually incurred ra extent pei^�:r.ed by appt:ca�'e�aw.�n t!-�event eorrowee cr Trustor�ce�e�ses any . `
<br /> �:' Nght provlded b��3�to cure an Ever�t o1 De"��+�tender sra:�be entitleC t�rscover L a.~��rLStor ai�Cce�and expenses actuallg , -
<br /> • � inGUtred as a r�u±'�0t Tru9toPs detault,inGiiCi•rg witho;.�:L�:t8lion alt Trustee's anQ a:.c"ey`s`-�s..ty the extent permitted by � .
<br /> ' " � appllcable law. ; , .
<br /> • ��% . '. .t5. FuWn Advancar.Upon request ot Bonower, ler•C�s may,at its option,make a��tional and tuture advances end re-
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<br /> • 2C��Wscesto80rrower:SucfigQVSnC9S8ndrBadvances,-w.�'.rerestthe►eon.�f��iib�sec::�byahtsQeadalT�uss.Al�3i:ueshait ��-�'.-�--
<br /> . , the p(lncipal amounf ot'the lndebtedness secured by this Deed of Trust,not�l��sadvartced to protect the secwity of this
<br /> � • Oeed'ot Trusf,exceed the orl�inal prinWpal amount stated herein,or� ' - ! ,whichever ig great�r. •
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