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<br /> �, � ' th�Prop�rty b w t�k�n or d�m�p�d,Lend�r�h�ll hwo Ih�optlon,In It��obRnd�bsotute dl�ontlon,ta�pply�II�uah Pracaeds, -
<br /> �It�r d�duotinp th�nlrom�II co�h�nd�rp�nws Inaurnd by II In oonn�otlon wlth�uah P�oa��,upon�ny IndWt�dn�u wound �-,
<br /> � h�r�by�nd In woh ordn u Und�r mW dNrrmin�,or to�pply dl�unh PraoMd�.�h�r�uch d�duallon�,b M�ralontlon ol th� � ,-
<br />. � p�op�rty upon woh aondNlon���L�nd�r m��dNnmin�.Any�ppllatlon of ProcNd�lo I�d�bt�dnN��h�ll not�xt�nd or pa�tpon�
<br /> th�du�d�t�of�ny p�ym�nu u�th�NoN,or aur��ny d�uult tha�undM or h�nund�r.An�umppllb lund��h�ll b�p�ld W
<br /> Trwta.
<br /> � e, P�rlon��no�b�I.�nd�►.Upon Ih�noournnc�ot�n Hv�nt ol MUult h�r�und�r,or II�ny�ol I�uk�n or lep�l proawdlnq .
<br /> " ' aomm�no�d whlch m�l�rl�Ily�H�oa UnQu'�Inl�ro�t In tha Prop�rty,L�nd�r may In Ib own dl�antlon,but wllhout obliti�tlon!o do .
<br /> � �o,�n0 wlthoul�otla�to or d�m�nd upon Tru�tor�nd wllhout nINUn�Tru�to�Irom�ny obllp�tlon,do any�ol whloh Tru�lor h�� •
<br /> � �pr«d bul l�ll�to do�nd m�y�la do�ny oth�r�ol It dNm�n�a�uary lo prohot th�s�aurity h�nof.Trwto►�h�ll,Imm�dld�ly
<br /> � upon dem�nd Ih�nlor by 6�ndsr,p�y lo L�nd��tll co�q�nd�Mp�nw�Inournd md sum�exp�nd�d by L�nd�r In aonnsatlon with
<br /> - ' ih0:.���:.�b:.wy L�t1d�r�f th�tCtt;,�tnp rlCh.�".!�;•►h�.•t9!!!`�^h•••t Mr.frenn�I fh�dwf�ul�reM nrnvideel In Ihw Nnte,whlah ehnll be
<br /> ; �dd�d to th�Ind�bt�dn�u acund h�nby.L�nd�r slall mt Inaur �ny Il�blllly bso�uu of�nylhinp II m�y do or oml! to do
<br /> I h�r�undsr.
<br /> , 9. H�=atdou�M�N►I�u,Trwlor�hell keep Iha Propsrty In aompllance wllh all applloeble law�,ordlnances end repuladons '
<br /> . ' �sl�dnp to Industrlel hyplene or environm�ntel protectlon(collectively rela�red to hsreln e�"Environmental Lew�'1.Trwtor�hsll
<br /> I kesp Ihe Propsrly lrse liom all sub�tanos�deemed to be hszerdoue or toxle under eny Hnvironmenhl Law�(aollectively relsr�ed to �
<br /> � h�►Nn��"H�xerdou�M�Urlals").T�u�tor hereby w�rrants and represent�to Lender that there ere no Hazardou�Materlels on or
<br /> undsr ths Propsrty.Trutlor hersby apress to Indemnlly and hold harmlau Lendar,Ito dlreoton,omcen,employee��nd epenb,end
<br /> I eny�ucce��ors to Lendar'�Mte�ed,from end a�elnet any end all clalm�,demape�,loaaee�nd Ilabllllles arielnp In connectlon with
<br /> Ihs presence,use,diapoaal or trenaport of any Harsrdous Materiale on, under,lrom or�bout lhe Property.THE FORE(iOINQ
<br /> WARRANTIES AND REPRE$ENTATIONS,AND TRUSTOR'S OBUOATION3 PURSUANT TO THE FOREOOMIO INOEMNITY,$HALL �
<br /> SURVNE R�CONVEYANCE OF THI3 OEEO OF TRUST.
<br /> J' 10. Aplpnm�nt ol R�nb.Troator hereby easipn�to Lender Ihe renu,istuee end proflb ol Ma Prop�riy:provided thal Truetor
<br /> shell,until the occurrance ol an Event of Delault henunder,have the ripht to collect and�etaln such►snts,luue�and p�o11q es they
<br /> ,' • bacoma due�nd poyeble.Upon the occurrence of en Eve�t ol Deleul�Lender mey,elther in peraon or by apent,with or wilhout � :..,,�..
<br /> , �� brinpinp any�ctlon or proceedlnp,or by�recelver Appolnted by a couA end wlthout reperA to the adequecy of Ib sacuriy,enta� • ��
<br /> ' � � upon and teke poiseaelan of the Property,or any paA thereof,In Ita own neme or In the name of the T�u�tee,and do any acb which it � t
<br /> �.:i..
<br /> deeme�ece�ary or detlrable to preserve the value,marketebllUy or renfablllyof the Properry,or any part thereof or Interest iheraln, ' � �
<br /> •. Increase the Income thsrelrom or protect the aecurlty horeot and,with or wlthout taklny poe�esslon ol the Property,aue for or .r,;:,,�;-
<br /> .n otherwiae collect the rente,issuee end proflte thereof,Including thoee post due and unpald,and apply the eame,lesa coata and .���.�'.-
<br /> expensee ol opvretlon end collectlon IncludinA atlomeys'fees,upon any fndebtedneea secured he�eby,all in such order as Lender `�•:��''�
<br /> . '.� ' may determins.Ths ente�inp upon gnd tekinq poeseealon ol the Prope►ty, the coMectlon of auch rents,leeuea and profits and Ihe � � � •-,_
<br /> �-• , epplloetlon thereof aa eloreeald,ehall not cure or walve eny delaull or notice of detault hereunder or invalidate any acl done In � .�,.�,� ���•:!�:��•��=-
<br /> , rasponse to euah default cr pursuant to auch not�e ol deleuN and,nolwithatandinp the contlnuance In paseesalon of the Property or � . �'��':�
<br /> • , , ' the oollectlon,recolpt and appliceUon of rents,Iteues or protNe,and Truatee and Lender ehall be entltled to exeralse every ripht 1 '�"�
<br /> � i. •, provlded br In a�y of the Loan Inedumente or by law upon occu►rence ot any Event of Default,lncluding w8hout Ilmitation the ripht '� . ' � �� ,';,,,'�'•,�y
<br /> � to exeralee th�pqwer ot aals.FuAher,Lander's righte and remediea under thla parapraph ahall be cumulative wlth,and in no way a � •• '•`�''
<br /> _ . ,•.`..:' � Ilmilatlon on,Lender's riphta end ramedles unde�any asalgnmeM o1 leaeea and rent�rocordad apai��t the PropeAy.Lender,Truelee , • � ,'�:� ' ' �; .�
<br /> ' ' , pnd ihe recelver shall be Ilebte to eccount only ior Ihoee►enta actually recelved. �• . . ''�,:,t''�•."`_.
<br /> _ ._ 1 1. E r�n b o l D M w I t.T h e f o l l o w i n g s h a l l c o n a U t u t e a n E v e n t o f D e 1 a u N u n d e r i h l a O e e d o 1 T�u a t , '
<br /> (a) Fsllure to pay any fnetellment ot princlpe!or iMereat ol any other aum eecured hereby when due: ' �• � ' •
<br /> • (b) A b►each ol or delault under eny provislon contalned in lha Note,Ihis Oeed of TruaR eny o1 the Loan Insvumenu,or any , . �
<br /> . othor Ilen or encumbranae upon 1he PropeAy:
<br /> -- (c) A wrif of executlon or ettachm�nt or eny eimNar proaou shall b��ntarad�palntt Trurtor which shall become e Ilen on
<br /> tho Properly w any pOrtion thereot or Intereat Ihe►eln: •
<br /> � (d) The►e shall be Illsd by or againet Truelor or Borrower en ection under any preaent or luture lederal,atate or other
<br /> efatule,lew or repulation relatln�to benkruptcy,Inaolvency or ather rellel(or debtora;or there ehall be appointed eny truatee,
<br /> recelver or qquld�tor of Trustor or Bo►rower o�ol all or any pert of the Properly,or the ronb,I�sue�or profib thoraof,or Tru�tor
<br /> w 8wrower ehall make any pen�rel aaalpnmenl for the benetll of credltoro;
<br />_ (e) Ths aals,lren�fer,leaw,esalpnment,conveyance or lurther encumbrence ol ell or eny peh ol or any Intereat in the
<br /> Property a�ther volunts�Ny or I�volunterlly,wlthout the expreed wrltten coneent of Lender; provlded thet Truator ahall be
<br /> psrmlttea lo�x�cut�o IWw ol th�Proper!y thet dow�ot aonWin an opdon to purchosa and Iho te►m ol whba does not exc�ed
<br /> on�ywr,
<br /> (Q Ab�ndonm�nt of tha Property;or
<br /> (p) II Tru�tor It not an Indlvldu�l,tho Issuance,wle,tran�fer,astlpnm�nA conveyance or enaumbranca of mo►e than e tofal
<br /> 01 percent ol(It e corporatlon)it�laaued and outetendiny stoek or(II a partnenhlp)a total of percent ol
<br /> parMerahip IMereals durinp the period thls Oeed of Truat remelna a Nen on the Property.
<br /> - � 12. R�dlN;Aee�la�Uon Upon ONwlt.ln Ihe event of any Event ol Deleult Lender may,wilhout notice except as requlred by
<br /> lew,dealere ell Indebtadneae secured hereby to be due and payable end the eame sh�ll thereupon become due and payeble
<br /> � wifhout eny preaentmen�demand,proteal or nodce ot any kind.Thereafter Lender mey:
<br /> - (s) Demend that Trustee exerclae ihe POWEH OF SALE qranted hereln, and Truatee shall lhereaRer cause Trustor'e
<br /> Intanst In th�Propsrty to b�wld and th�procwd�to ba dlstrlbutod,all In tho m�nnar provldad in tho Nebra�ko Trwt DeWs
<br /> ; AOk . .. . - .r
<br /> , (b) Exercl�e�ny pnd aN riphtt provided lor in pn�r of tha Loan inalruments or I�y law upon occurrence ol eny Event ol
<br /> -� , Dalalk end • .. • . .
<br /> � (C) Commena on�ction to foroclOw lhls Ovod ot Trutf es a mortpepe,appolnt a►ocaiwr,or�pecllically enlwce�ny o1 tho
<br /> covenanb hereol.
<br /> - � � No remedy heroln confer�ed upon or reperved to Truatee or Lender Is Inle�ded to be excluelve of any other remedy hereln,fn the
<br /> Loan Inshumsnfs or by law prOVldsd or psrmltted,but each ehell be cumuletive,ehell be In eddltion to every other remedy ylven
<br /> . hereunder,In the 4oen Instrumenu or now or hereaftar eKfstinp at law or In eqully or by�tatuta,and rr�y b�oxarols�d concurrantly,
<br /> — Independantly or euccasalvely. •
<br /> 13. Ttu�to�.The Truatee may realpn at any time wllhout ceuae, and Lender may at eny Ilme and without cauae appolnt e
<br /> } euccesaor or eubaUtute Truatee.Truatee�hgll not be Ilable to eny perry,including without limitetlan Lender,Borrower,Truator or eny
<br /> _ purChaeer ol the Property,lor any lo9a or damage unlees due to reckksa or wlNlul mlaconduct,and shall not be requlred to take eny
<br /> acli0n In connectlon with the enlorcement of thla Deed ol Truaf unloas indemnllied,{n wrltiny, lor vll costa,compenaetlon or
<br /> expenses wh�h mey be aaeociated therewith. In edditlon,Truetee mey beCOma a purchaaer at eny aele of the Property Qudiclal or
<br /> _ under tha power of aeb granted hereln);poetpon�the�ale of all or any portion of tha Property, a�provldad by lew:or�ell tho
<br /> Properly ae a whole,a in aeparete p�rcelt or lots at Trustee's dlsctetlon. .
<br /> - 14. F��nd FacpmsM.In the event Truetee seHs the Property by exercbe ol powe�ot aale,Truetee ehall be entitled to apply
<br /> eny eale proceede flrot lo paymenl of eH coale and expensea ol exercialnp power ol aale.Including all Truatee'e feea,and Lender'a
<br /> :� end Trustee'e attorneY't teee,actuellY Incutred to extent oermltted bv annllcable law.In the eveM Borrower or Trustar exerclaes anv
<br /> — ' rlpht provlded by law to cure an Event oi D8lault,Lender shell be entltled to recover trom Truator all co�b and expensea ectually
<br /> Incurred a4 a re�uit al Tru�tor's defaul�Includlnq wHhout Ilmltatlon all Truotae's and ariorneye fee�,10 the extent permitted by
<br /> i �PPllcable law.
<br /> � 15. Futun Adv�no�s.Upon request of Borrower,Lender mey,et Ils optlon,make eddNlonal end luture advencea end re-
<br /> edvancee to Borrower.Such advancea end readvancea,wlth Intereat thereon,�hall be eecured by Ihia Deed of Truat.At no time ehell
<br /> � the princlpal emount of the indebtedneae eecu red by thle Deed of Truat,not Includin euma advanced to protect the securly ol lhla
<br /> Doed bf Trutf,exCeed the orlpinel principal arnount eteted hereln,or S �•�•� whkitever is qrqate►.• • • �
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