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<br /> °=a"`--�•�=-�:����- eh�Prop�A�r Is�o lakm or dam�p�d,L�nd�r�h�lt h�v�th�option,In lu wt�and�b�oluu d tcrnlon,to�pply all aah PracMd�,
<br /> ���T-��-��� afte d�ducdn0lhNrtlrom�II co�U md�xp�nws Inaurnd by it fn can�eotlon wlth�uah Proc9ed�,upon any Ind�bt�dn�u Naund _
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<br /> ?•-rr•--��;Y��:- - , h�nby md In�uah ord�r u L�nd�r m�y d�qrmin�,or to�ppty�II woh Proceed�,albr tuoh deduoUon�,b fh����toratlon o
<br /> ����' Prop�rty upon Iwoh aondlllon�a�L�nder m�y d�f�rmino.Any eppllc�don ol P�oceed�to Indebtednaf shall not�xbnd or p�stpon�
<br /> -•i����¢�,:,,s•� Ih�dw dat�of�ny p�ymmq undn tho Nnu,or cur��ny dN�ull thoreunder or hereunder.Any un�ppll�d funds�lull b�pald to -
<br /> Truttor.
<br /> ���,;,���.`,�.,�:_�•` g, pNlpnn�na�b�LmdN.Upon the ocaurnnca of an Event of Delault hareunder,or 11�ny act Is teken or lepd proce�dinp
<br /> '�'�'" commenaed wh�h m�terl�lly�fleots Lander'�intsr�et In the Prop�rry,lender may in ita own dlscrotfon,but without obll�Uon to do
<br /> .;,�...,,.ra�.a�.��:._. _..
<br /> - �r-�-:� so,pnd wfthout notice to or domand upon Trustor and without�eleasinp Truator irom any obtlpatlon,do eny act which Truator hea _ __-_
<br /> �;��:"°�'_,.-,�c:� aqr�ed but lalls to do and may aloo do any other eat It daems n�cesaary to protecl the teourity t�areof.Tru�tor sh�n,imm�dl�uly
<br /> . .° - upon demand therefa by Lender,pay to Lender aN coeu and expenees inourred and sums expended by Lender in conneodon with
<br /> ��:,.'-=: � � Ihe exercise by Lender of Ihe lorepoinp riphte,topether with Intereat thereon et the delault rate provided in the Note,which shell ba
<br /> "-�>i�����`-. �� added M the indebtednau aaurad her�by.L.�nder�hall not inaur any Oabiliry becawe of anythinp It may do or omlt to do
<br /> --_���J�.:�n;•�," hereunder.
<br /> 9, N�zanlow IN�t�tWa.Truetor ahall keep the PropeAy f�compllence with all applicable law�,ordlnanaes ano repuiedone
<br /> -- relapnp to Induauial hypiene or environmental protectlon (collectively reterred to herein es"Environmental Lawa'�.Tnntor�h�U _._
<br /> -- •,.: .., � keep tha P�operty tree fram aH subsfances deemad to be hezerdoua or toxia under any EnvironmenWl Lawa(collecqvely roleRed to
<br /> �rr.i�..G+S.,.c�:-`�^�'•'" hef61r1 d3"Hazardou�Materials").T�usWr hereby warrenta and repreaenta to Lender that there are no Hazardoua Mwtedals on or
<br /> :;���'.�, :; . �, '�,.;:,., under the Property.Truator hareby a�reee to IndemNly end hold hermlees Lender,iq dlreators,oHicere,employees and apents.and
<br /> -=. , any sucCesfo►e to�ender's interesR from and ayalnat any and all clalme,damapes,loaaes end Ilabllltles arisinp In con�ecrion with
<br /> ___� _.���`,. -, �r. • the presance,uee, dlapoeal or tranaport ot any Hazardoua Materlals on,under,Irom or about the Property.7HE FOREC301N(3 -
<br /> WARRANTIE8 AND REPRESENTATIONS,AND TRUSTOR'8 OBUQATIONS PURSUANT TO THE FOREQOINCi INDEMNITY,SHALL
<br /> --.-:--„k.,,,;-...�,,,•.,:�,.�' SURVIVE FiECONVEYANCE OF THIS DEED OF TRUST.
<br /> =��:- r�:;,"j�:.: 10.AsdpmnMt W R�nb.Trustor hereby aasigne to Lender the rents,i�wes and protite of the Proparty;provided Uwt Trustor
<br /> - f,,ti; �
<br /> � `.. ., ''': � �• ahall,until the occurrence of an Event of Delault hereunder,havelhe right to collect and retain such rents,leaues and profita as they
<br /> "�;' .,�f �/;1:�;j i��)�4�r�... . PaY Y� P Y =-__-
<br /> become due end able.Upon the occurrence oi en Event of Delault,Lender ma eHher In erson or b apent,with a without
<br /> " ��?'��(�'1"f � bringing eny actlon or�roceedfng,or by o receiver appointed by o court and without regerd to the adequacy of its eacuriy,enter —
<br /> � �':i:t�:�:�,;••... .. ., ,.
<br /> �;;,4��• . ;,� ,��t .. �,; upon und take possesaion oi Ihe Properry,or eny pa►t thereof,M Ils own name or in the name ot the Truatee,and do any ecte whlch it =-
<br /> '.;'�:+ �`_• .. •••,���{r•f deema neceasary or daairableto preserve thevalue.marketahilityor rentebfllty of the Property,or eny part thereof or IMereatthereln,
<br /> ` '"" '� fncreaee the income Iheretrom or rotect the secur! horeof and,with or without takin osaesslon ol the Pro
<br /> �,. p �, p p perty,aue tor or
<br /> -� t' � " otherwise collect tha renm,isaues and profits thereof,Including those past due and unpeid.and apply the same,lesa coats and --
<br /> ��'F�: � � • �,�. .' expenaea af operatlon and collectio�Including attomeys'fees,upon any indebtedneas seaured hereby,all in auch order as Lender
<br />,C+�i+,: ' '� -- ---
<br />..,-.;�,:,�. . ��ti„�Ai�}�,-,,;;rt�a may del6rmine:The entedng upon and takinp possesalon oi the Property,the collectlon of such rents,lasuea and pro111e and the
<br />���:;r�;;.: : ' � ' .i ," appliCado�thereof as aforesaid,ahall not cure or waive eny delault or notice ot default hereunder or invalidate any act done In __
<br />,';,��s`�.,��• � �titi .:,••, � respanee tp auch delault or purauant to auch notfce af delault and,nolwithatanding the contlouance in possesaion otthe Property or __ _
<br /> '! �� `• •:';;'i��'' the collection,recelpt and applfcation of rents.iasuee or protita,and Trustee and Lender ahall be enlitled to exerdse every ripht --
<br /> ��;�����:', - _ j;',�;`;�� provided for in eny of the Loan Instruments or by law upon xcurrence ot any Event ol Detault,i�oluding without Umflation the riyht =_
<br /> �y-- :=y-��• -- � to exerc�se me power of aeie.Funher,i.ender'a righis and remvdina ur�Jn�ihi6 peragraph bhatt be cumutstiva wlih,and in na way a ,,.�, ;:
<br /> � ' • Ilmltation on,Lender's rlphts and remedles under any assignment of leases and renta recorded ayeinst the Propetty.lender,Truetee �h����=-
<br /> and the recelver ahall be liable to eccount only for those rents actually recefved. -
<br />. f � 11.Ev�b of ONauN.Thb lollowing shall constltute an Event of Delault under thie Oeed of Truak ---
<br /> „ (a) Fellure to pay any Inafallment of princlpal or fnterest of any othar aum secured hereby when due; �-
<br /> (b) A breech of or delault under eny provlsfon contamed In the Note,this Deed ol Trus�eny ol the Loan Instruments,or ony ��.."
<br /> " otlwr Ibn or eocumbrance upon the Property; �i;'=';
<br /> � (c) A wrlt of exacutlon or attechment or any almilar proce�4 ahall bo entored eyeinst Tru�tar whfch sholl bacoma a 118n on
<br /> ° „ tho Propeny or eny po►tton thereof or Intereat therefn; —
<br /> (d) There nha�l be flled by or apalnet Trustor or Borrower an act�on under any present or luture tederal,state or other
<br /> ' statute,lew or reyulatfon relatlnp to bankruptcy,inaolvency or other rellel lor debtore;or theie ahall be appofnted any trustea,
<br /> recefver or Ilquldator of Truator or Borrower or o181t or any part of the Property,or the rents,usues or prolit�thaaof,or Trustor � •
<br /> - or Borrower shall �r,ake any Qeneral as�lg�ment Iw the benefa of credltors; J �
<br /> ' (e) TM aale,uensfer. IoaRe,ess�ynment,conveyance or lurther encumbrance af all or any pa�t of or any Intereat in the �.
<br /> � Property. elther volunterlly ar fnvoluntanly,wlthout the eMpress wrfqen Consent ot lender; provlded thet 7rustar shall be I
<br /> • , permltted to Yxacule a lease of the Property thet does not conteln an pptlon to purahate and the term Of whlCh does not excwed `-- --.
<br /> ... �::�°--
<br /> • 0110 ylif; ,..-s-
<br /> • ' (�Abandonment ol Ihe Property�a �•-
<br /> ;�,j„, (�) If TrusWria not an Mdlvfduat,thelasuanoe,eale,transter,assfqnment,conveyance or encumbranoe of more lhen a totel
<br /> , t:�.r ,, . .
<br /> • • ° of pertent ot pf e co►poration)its issued and oulstandMg stock or(d a partnership�a totel 01 perCent of "���,
<br /> � ° •� partnershfp iMerests during the penod this Deed of Trust remains a lien on the Property. _.,,_`.--.
<br /> 12. RMn�dlas;AecN�ndon Upon Od�dl.ln the event ot an Event ol 0elault Lender ma ,wilhout notice exceptas r uired b �•=-•
<br /> Y Y eQ Y ��__
<br /> • � law,declare all Indebtedness secured hereby to be due and payable end the same shall thereupon become due end peyable `�` °
<br /> ' wlfhout any presentmenf,demand,proteat w�otice ol any k�nd.Thereaker Lender may:
<br /> (a) Demand that Trustee exercfse the POWER OF SALE granted hereln, and Trustee shall thereafter ceuse Truslor'a �4,' '
<br /> � Interett in the PrOperty to be sold and the proceeda to be dlstrlbuted,all in the manner prowded fn the Nebraeka Trust Deed� �
<br /> . Ack ;
<br /> � (b) Exercise any and all rlqhts provide0 for in any of the Loan I�atruments or by taw upon ocCUrrence ol any Event ot �
<br /> Da(aulk and
<br /> � (c) Commence an actfon lo foreclase thls Deed of Trustes a mortyage,appo�nt a receiver,w specdlcally enbrce any of ihe �
<br /> COVenents hereot.
<br /> . No remedy herelh conlerred upon or reserved to Trustee or Lender is mtended to be exclu8ive ol any other remedy hereln,fn the �
<br /> � Loan Instruments or by law provlded or permitted,but each shall be cumulative.shall be fn add�l�on to every other remedy gfven .
<br /> � hereunder.In lhe Loan lnstruments or now or hereatter exlating at law or�n equity or by statute,ond may be exerclsed concurrently,
<br /> � ' Independently or succeufvely.
<br /> , 13. Tru�tN.The Trustee may resign at any time w�tnout couse,and Lender may at any bme and w�thout cause appolnt a
<br /> • succassor or substitute Truslee.Truetee shall not be liable to any party.�ncludmg wilhout Ilm�tation Lender,9orrower,T�ustor or any
<br /> • purchaser of the Property,lor any Ioss or damage unless due to reckless or willlul misconduct,and shall not be reqwred to take any •
<br /> actfon In ConneCtfon wdh the enlorcemenl ot this Deed af Trust unless indemnified,in wnting,lor all coats, compensetlon or
<br /> expenaes whfch may be associated therew�lh. In add�t�on,Truslee may beCOme a purchaser at any sale of the Property Qudicfal or
<br /> ....�.�tie......,e. ../•e1.n•enf�i hurninl nnafnnnn Iho anln AI RII Af[1I1V Ifl1MIllII(fI IF1P Prnnartv A� nrnvidad bv Inw�or sell the
<br />. .'__._ ' . v. ...,p.... . .�.�p.�...�� .� � '_ ' __' _ ' _ ' " _ ' _ '�' • . . .
<br /> Propert��as a whole,or m separete parcela o.lols at Trustee's d�scret�on.r
<br /> � . � 14. FN��nd F.�p�nN�.In the event Trustee sells the Properry by exercise of power of sale,Trustee sholl be ent�tlad to apply
<br /> any sale proceeds Ilrst to payment of all costs �nd expenses o1 exerasing power of sele,Including all Truatee's fees.and Lender's
<br /> and Trustee's ettomey a tees,eCtuelly inCUtreO tonxlnnl Nain��llnJ by apNli�d��e law.�n ihe etient dorrowcr or Tru�tor cxcrcises ony
<br /> � right provlded by law to cure an Event o}Delault.Lender shall be entitled to recover Irom Trustor all costs and expenaes actually
<br /> incurred as a result of Trustor's delault, mcludfng without Ifmdatlon all Trustee's a�d atlorney's fees,to the extent permitted by
<br /> epplfcable law. '
<br /> 15. Fufun Adv�ncN. Upon request ol Borrower, Lender mey,ot its optlon,make additional and future advances and re-
<br /> adv8ncea to Borrower.Such advances and readvances,wlth intereat thereon,ehall be secured by thla Deed of Trust.At no time shall
<br /> the princlpel emount of the mdebtedness secured by th�s Deed of TrusLr1ot�n diPg sums advanced to protect the securlty ol th�s
<br /> Daed ol Truat,exceed the orlyinal prfncfpal amount stated here�n,or S 1�•�•W whfchever ia g�eater.
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