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<br /> -��,� th�prop�Ny�s�o takm or dam�p�d.Und�r shdl tuiw th�opUon,In lu wl�a�d�bwfut�dl�crNlqn,lo epply 4�1 auch �AONd�,
<br /> '` ��;.'��''3�"`•"� �Mr d�duodnp th�rNrom NI cosb�nd�xpen�Inaurnd by It In conn�atlon wlth woh PracNd�,upon pny I s�cu�*d
<br /> - ,��.-.��}'.':�,���:��.` h�nby�nd In suah ad�r��l�nd�r m�y d�t�►mins,or to�pply�II�uCh ProcNd�.�R�r ach d�duatla»,to 1M rlMtqr 4f th�
<br /> ��r, r����t~':�' PropKty upon wch condlUon���Undar m�y d�t�►mins.Any appllc�Gon of ProcMd�to Ind�bbdn�s�rhrll not nxt�n4 oc p�odq►orN ___
<br /> i,��.•._,,a�, • „ th�dus dab of�ny p�ymsnb und�r th�Noa,or cun�nY d�Uult th�nunder pr h�nund�r.Any unapptiqd fw�4,��f�ll M p�W to
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<br /> :� ;,, ,� ".,;'�'`";,,,, g, pKlormu�c�br L�nd�►.Upon the occurrsnc�of�n Ewnt of O�fwlt hareunder,or If any aat I�t�ken qr Ipol prpcNdlnp
<br /> `- - %�,ri. `�:�'"-' commenced which m�t�rfsWy aHects Lendor'o inlereat in tho Property.Lendar may In Ite own diaaretiqn,but witlxwt nWlaqttv�n to do
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<br /> � �b+�''%'�'��'�' ' so,snd without n�tic�to or dom�nd upon Trusta and wlthout ntpalnq T►wtor�rqm any obtlp�Uqn,do eny pct whiGh TrusWr lus =
<br /> ,�' ."'`�'` ���' a�reed but lalla to do and may al�o do any oth�r act H deems nece�sary to p�otect the�ecurlry h�reol.Tru�tor ahAll,i ImpeiPdi�tNY �_
<br /> = t„�aaip��:-:r�:;��; ,� upon demend tharafa by Lender,pay W Lender oll coats and e�pen�as Inaurred�nd eum�expended by 44ndvr In,con�.Ctioe wlth
<br />��':>�:_, t he exe►c ise by Len d e r o f t h e f o r e p o f n p r l a h q,t a p e t h a r w i t h i n t e r e�t t h er e oo at the default rats prpvidod in tM Note�wRiRh Aha��b�
<br /> ¢•��;'.'�';�'!`�"�' added to ths Indebtodn�ss�eourad hereby. Lond�r �h�ll not ineur any Ii�bllity becauw of anythlnp it mAy do o�omft to de _
<br /> ``��``" :. horounder.
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<br /> r�:. ' .:�rt.,._:�.: • 9. Hasardou� �Ilu�rlat�.Trustor ahall keepthe PropeAy In compllance with all eppllceble lawe�ordlnr�n�as and�epul�Gons _ --
<br /> ''� � � �'�'�' relstinp to indwtrfal hyplene or environmental protectlon(collectively referre�ip hereln as"EnvironmentUl t,.awp"1.Truftor�hdl ___
<br />'�r';����""�°�`�`� '�' keep the Properly free from all BubUanCes deemed to be hazardoue or toxlo under any Envlr�nmental 4awp�coU9cGvely referred to _ __ - -
<br /> •�,�''-` � ��� � '� �'"�� hereln as"Hazardou�Materlala"1.Truetor hereby werrante and repreaenta to Lender that there are no Haaardo�.+�MateriaU on or _
<br />�''!h - ��-.•�C� under the Properly.Truaror hereby eprees to fndemniy end hold harmleu Lender,it�directors,ollicqr�,employa4s and apenb,and �,
<br /> any succeswn to lender'8 IntereaR trom and apafrnt any and all claims,damayes,losaes and Ilebt Illise srbing in aonnscGon with �,;,.
<br /> �� � ' the presence,uee.dlspoaal or tranaport of any Hezardous Materlals on,under,from or ebout ihe Praperty.tHE FOf1EQOIN(3 _.___
<br />'�.� '; ' . WApRANTIES AND REPRESENTATIONS,AN�TRUSTOR'S OBUQATIONS PURSUANT TO THE FOR�OQIM4 iNqEMNITY,SNAL4,
<br />��'�`�"> - ��" �,�' SURVIVE RECONVEYANCE OF THI8 DEED OFTRUST. _
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<br /> ;;.,..,� , •�. ��.ar 10. AatI�tNl�ntot R�nb.Trustor hereby esei�ns to Lender the rente.issues end prolfta of the Property;provideci that ruator
<br />�;��i'�,?' � • , �' •�T,'...� ;.•4 ahall,un1111he occurrence ol an Event ot Oefault hereunder.have the right to collect and retein euch rent�,l8suas end protit8 ae they
<br />•� '�'��"` ' become due a�d payabte.Upan 1he accurrence ot an Event ot Default,Lender mey.either In per�qn qr by ayent,with or wflhout �
<br />'r . �� �����';��;':.r.�'�,�(K��''�1 bringinp anY acllan or proceeding,or by a recelver appointed by a court and wlthout regard to the adequacy of its aecurity pntar ,,,.�,��
<br />�:�'°�� %�.�.;'r,{�y��"da��:;,;y��� upon and take poseesaion ot ihe Prpperty,or any part thereof,in ita own name or In 1he name of the Trusbee,and do any acts whfah it �''��'
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<br /> � ��:� •� `;:'.r•;,:•;� deems necessary or dealrable to preserve 1he value,marketability or renlability of the Property,or any pArt thereof o�interoat therein, �;�'__ _-
<br /> �� ,:;;�° °� "• � �� '• r increase the income therelrom or protect the eecurity horeof end,with or w8hout taking posseselon of the Property,sue tar or —. - - --_
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<br />.,,,;.,. ���r��;;'•, otherwise Collect the rents,issues and proAts Ihereof,inCluding those past due and unpald,and appty the same,lesa coata and �.�
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<br /> • �,;'�r;,;, ,:4`f�'•,:,,`�;; expenaes of operation and colleclla�InCluding ettorneys fees,upon any indebtedness 9ecured h9reby,all in auch order as Lender
<br />'�' � ',•�`"��� may determine.The entering upon and takinp po$�ession of the Property,the callectlon of auch renta,isaues and protita end the
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<br /> •a :��.; � ��•;;-.:: appllcation thereol es aloresaid,ahall not cure or waive any delault or notice of defautt hereunder or invaHdate any act dane in _
<br />'':�',;�. � �esponse to auch delaull or pursuant to such noNce ot deieult and,notwilhatandfng the contlnuanCe in poesesslpn of the Properly or -
<br /> ''_�� the collectlon,receipt and appllcetlon of renta,Issues or pro0ts,and Truatee and Lender shAll be entitled to exerclae every riqht ___
<br /> � provfded for In any ol the loan Inatruments or by law upon occurrm�ce oi any Evsrt ot t)otault,lnC!u�inp wlthout Nmits�tion the right �=��-�--•== _ __
<br /> " " to exercise the power of aele.Further,Lendar's riflhts and rsmediea under this parapraph ehull be cumulative with,end In no way a r -
<br /> Ilmitation on,Lender'e righte an d rem e d lea un der any aa s i g n m e n t o t l e a s es and rents recordod a yal�n th�Propert�►.Lender.Trustee L�..J�, - . <-
<br /> ' and the receiver shall be Ileble to eccounl only lo�those rents ectually received.
<br /> � �� .. 11. Ev�nb of Wfault.The following sha11 co�stitute an Event of Default under thie Deed ol Truat
<br /> (a) Fallure to pay eny Inatallment ol princlpal or Inter9st ol any other sum seaured hereby when due; �;�;.,_.
<br /> (b) A breach ol or detault under eny provfelon cantalned in the Note,thls Deod of Trus�,any of the Loon Inatrumenta,or any
<br /> other Ilen or encumbrance upon the PropeAy: �"�''`�-
<br /> � �� � (c) A writ olexecutlon or attachment or a�y almllar proceos shall be enterad eyalnst Trwtor wh�ch thall bocome a Ilon on �•-�3 r-�-��-�
<br /> the Properly or eny poAlon thereol or Intereat thereln: ���-'-'�'
<br /> ' � �� ^ �� (d) There ehall be Illed by or against Trustor or Borrower an acUOn under any present or luture federal,atate or other "y-�=,.y,••.:.-
<br /> etatute,law or regulatlon reloting to bankruptcy,insolvency or other relief lor debtors;or there shall be eppointed any trustee,
<br /> • receiver or Ilquldator of Trustor or Borrower or ot al I or any pan of the Property,or the rent8,lesues or ptollte thereol,or Truetor ��_�ul--_
<br /> � or Borrower shall meke any peneral assignment lor the beneht ot credltora: '�`=�.
<br /> ��;.,.i`,.;____
<br />� (e) The sale, trensler,lease,assignment,conveyance or lurther encumbranCe of all or any part of or any interest in the -
<br /> Prope►ry,either voluntarily or involuntarily, wfthout the express wntten consent of Lender; provided that Trustor ahall be , _. •r
<br />� , permitted to exec uta a lease of the Propwrry thet does not conWin an optlon to purchase and the term of which does not exceed . . _
<br /> . ; one year, . __
<br />' . (� Abandonment ot the Property:or
<br /> . • •, ,�;�`F� y Y fi� �1?'..,. .
<br /> (q) 11 Truata is not an Individual.the fsauance,sale,transler,assi nment,conve ence or encumbrance of more then a tofel ti ux�;;.
<br /> �.'����:;'::.; `_ . e�••.:ir.,..��:
<br /> ' ��i�.�;..�. ���.r,.t.;:�'`_; .
<br /> ;�, '�� o� p¢rcent ol pf a corporatlon)us�ssued and outstandfng stock or(if a partnership)a total ot percent ot �� � p _ _
<br /> _ . ��;:�;' partnershlp tntereats during the perlad thW Deed ot Trust remains a lien on Ihe Property. �" _
<br /> ; 12, p�dl�a;Aca1�ration Upon Dol�ult.ln the event of eny EveM of Deiault Lender may,without notice except as requlred by �`• _�,',,,,�.-,
<br /> � • �..;, �• lew,declare all indebtedness secured hereby to be due and payable and the same shall thereupon become due and payeble �
<br />� ''•��.� without any presenMent,demand,protesl or notice of any kind.Thereafter Lender may: ,
<br /> �'"'� (a) Oemand that Trustee exercise the POWER OF SALE granted herein, and Trustee shall thereaher cause Trustor's i
<br /> , Intereat in the Property to be sold and the proceeds to be distnbuted,all in the manner prov�ded in the Nebraska Trust Oeeds i .
<br /> " acr,
<br /> (b) Exercl9e any and all rfqhts provlded for in any o1 the Loan Instruments or by law upon occurrence of any Event oi
<br /> , Detaul�and ;
<br /> (c) Com mence an action to foreclose ihis Deed ot Trust as a mortgage,appo�nt a rece�ver,or spec�ficelly enlorce eny ot the
<br /> covenants hereot. .
<br /> No remedy herein conlerred upon or reserved to Trustee or Londer�s�ntended to be excluswe of any other remedy herein,fn the
<br /> loan tnstruments a by lew provfded or perm�ned,but each shAl1 be cumulative,shell be�n addition lo every other remedy given
<br /> hereunder,In the Loa n Instrumenta or now or nereafter ex�st�ng at law or f n equ�ty or by statute,and may be exerclaed concurrently,
<br /> � • Independently or aucceaslvely.
<br /> � 13. TrustN. The Trustee may resign at any t�me w�triout cause and Lender may at any urne and w�thout cause appo�nt a
<br /> 8uccessOr or subsldute Truatee.Trustee ahal l not be fieble tu any party.inClud�ng without Ifmitatlon Lender,Borrower,7rustor or any
<br /> purchaser ot the Property.for any loas or damage unless duo to reckless or willlul misconduct,and sha11 not be reqwred to leke any
<br /> ectlon In conneGtan wtth the enforcement ol th�s Deed ot Tr�st unless mdemmf�ed,in wntmg,lor all costs, compensation or
<br /> _�. ._ . _._ .�._� ���.......�..w�tie.e,...�►.�.. e.r.i�t�nn Tn�ataa m6v beCOfllB 8 DUICh88@�8�Blly 9PI@ Of lhe PfOpelty(jUdIC101 OI
<br /> - � -- °---� — 9wpynona w��ti�� ��:�uo 000....�.........................--'- - . .. . .
<br /> ' � under the power of sale granted herefn);postpone the sale of pll ur any portion of the Property,as prowded by law;or�eli tne
<br /> • Property as a whole, or M separate parcels or lots at Trustee's diecretion. �
<br /> 14. FNS and Eap�nt�s.In the event Truslee se115 the Properly by exerCiae ol power ol sale,Trustee shall be entdled to apply
<br /> ! � any sele proceeds lirst to payment of all costs and expenaos ot axercising powor of stila,fnclud�ng all Trustee's fees.and Lende�s
<br /> ' end Trustee's ettorney's lees,actually incurredto extent permdted by appl�cable law In the event Borrower or Trustor exerCl88a any
<br /> , rlght provided by 18w to Cure an Event of Oefault.Lender ahall be entitled to recover trom Trustar aIl costs and expenses actually
<br /> � • Incurred es a reauN ot Trustor's Ceiawt,mciva�ng wnnout nm�tauon au Trustee's and attorneys tees, to me extent permmed by
<br /> •. • appllcable law.
<br /> , 15. Futun Adranc��.Upon request of Borrower.Lender may,at ita option, make addltlonal and luture advances end re-
<br /> ' advences to Borrower.Such advances and readvances,wlth interest thereon,shall be aecured by thia Deed of Trust.At no tlme shall
<br /> the princlpal amount of the fndebtedness secured by thls Deed ot Trust.no�J����s advanced to protect the secur�ry ol thfs
<br /> Deed of Truet,exceed the orlylnal principal amount staled herem,or$_ whichever is greater.
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