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<br /> �tn.Prap�itY M.o eik.n�or a.mp�e.l.�ndK shw++w�r,.op�on.in H..o�.ane ab�oA,b elhenlioe.a+voM w wa+Proa�dir
<br /> - � Mird�du�yppM��lranaMexM��nd�xp�nMSMc�radb�FKinconrNCtlonrriw�ucAProcMd�,uponanYMd�bMd�MN�CUrrd
<br /> � lf�rrby.M�d tn wCh orQ�r as'LmdM m�MM�miM�or b�PD�f►dt Mreh Proc��fM��M►WeA d�duclknR b MN qMoaMon of f�
<br /> � P�ppwyupaR wch Co�di�u+►s�s{.�d�r m�y dNKrnlef�My I�ppitcMton d Proc�io k��s ahiN nol�fd�rtd or po�orN
<br /> ' M�Oue dtt�M inytpyn�n�uAd�r tl1�NoN.or Cur�anit dMwR�r�ur�r or hK�u►b�►.M�r uit�ppti�d 1und�!hW b�pW b
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<br /> s.�wte�e�by L�.UD�fM occuarnc�af an Ewnt of t�huhh�r�undu.oHia�►,tct b yk�n a M�1 prowd�rq
<br /> co�+c�d wMcR nMNr{Niy NMeM L�nd�'s inMr�in 1M Prop�ty�Esnd�r m�y in ih own dikrNlon.butrrf�outobNp�tionb do
<br /> �ao�an6 wilhoutt101k�b Or dim�nd W�rs Tiwior iad wfitwutra�fng Ttt�oslroat snN�Ditp�do an�t sct whkA Tiudot tw
<br /> aprNd bu!hNs b do and.tnaY�tsO do any otMt+!c!It dNm!n�c�ry►ta A�tM.NCUrity hK�ot Tiustor shall,knm,�diNN7r
<br /> u�on Nmand 1f�Nor by i�nd�r,pay.b Le.adKall coals ind�xp�nN�incurrsd and sum=*xp�ndvd tsy tw�du In conn�ctlan wHh
<br /> th��x�rGs�bY L�n�r W th�torepoirW HDhb.�thsr with int�nst tliereon at th�d�fauR nM provid�d in th�NaM.whk�sh�l1 b� •
<br /> a�W�d b tt�ipd�bMQrnst a�ceu�d twr�b�a L�ndu�hall not incur ury NWfiiry becau�s of anytl�in�N may do or omit b do
<br /> fNtwx�
<br /> 8 H�ra�dew YMMWr.Truslor ahsl!kMp 1t�Praperty in camptlanet witl��t!appNcaDlr tavKs.ordiaanc�a and�putMiona
<br /> - r�tlnp b I�r4AI hy�iNf������Pr�an tcolNcttwly�Nea�d fQ hereirt aa"Fnvlronrn�W liwa"�Truslor M+all
<br /> _ kNp 1M Prop�Ay NNNan all wbWaca dNnNd to bs ha�cdous a�oxic unda any EmlronmanW Cawr(colMe�wA►rNNnd b
<br />--_- . hKain as"Hu�rdow MstKiais'7.Tiustor herebyr wanants and rapresents w lander that there are no Hataraous Malsrlats o�or
<br /> = andKfhs Property.Tni�tor hereby,apcaa ta iruNmnifyt an0 hdd harmtess Lendex.ib dlractoro,o�ican.empiayee:and a�sntt,and
<br /> � any�uc�s fo Ler�r'a inMreN.from and s�in�t any and all ctalms.damag�a.lostss u�d[ia6ilitie�arhinp in connection wilh
<br />;�y _ the preepnrw,.uss.dispoaai a trsnsport of any Ha:ardaus Matertats on.undar.from of sbou!!he Propsrty.THE FORE�OING =_
<br /> yW1HRANTIESANDHEFRESENTATIONS,ANDTRUSTOR'S08LIGATIONSPURSUANTTOTHEFOREGOINGiNOEMNfTY.SHALL __
<br />-- StJRVNE RECONVEYANCE OF THIS OEED OF TRUST. — --
<br /> _-- 10. A��t af Ilwd�.Trostoc,heteby sssiyns to Lender the rents.iasues and profits ot fhe Property;p�ovidsd lhat 7NStor ='"��---=
<br /> - ahdt,untillhe occuRencs of an Event ot tTehduH bereUnder.havsthe ripAtto co!IectanA ref8in such renls.issuss and praflts asthsy ' --- _
<br /> - � 6seane due and paysbt�Upon the occurrenca of an Cvent of Def�uif,Lender may.eitAer in person or by aparlR with b►wttlfout ' �-�-�-
<br /> -- brinpiiq any aetlon a procesdinp.or by sTSCetver eDpoime�f by a couR and without rsaard W the adsqw�y ot ils sscurity.en�► ��:-
<br /> �_ upan and Wce po�aession of tAe Property.or any paR Mxeot,in hs own nsmeor ln the name of tM Truslee,and do anYacb wh�h it �::�=�-
<br /> dsems neceswry a Oeairabte to preienre tAe vatue,maAcelabilily or rentabiliry of ths Property.or any paA thereof a interest therein, -- ��
<br />- i n c r e a a e t h e i n c o m e t h e r e t r o m or p�otect the secur(t y hereof and,with or without takin p p ossession ot fhe Property,aue for or ,��►�
<br /> - otherwlse collect fha rents,(aaues artd prot�ls thereo�inclu�ing those past due and unpaid,and appiy the aame,teaa cosri and � ._
<br /> �.���- _rs: =
<br /> ' - expensesofoperationandcoRectionincluQtngattomeys iees,upananytndebtednesssecuredherebSt,allMauchorderaslende► „�.;�-;;�; -
<br /> �` may detsrmins.'fAe enterin�upon enA takirtg possession oi the Property.the collection of auch rents,issues and profits an0 the • •- -, ;: -
<br /> ��,`� � application thereot as atoresaid.ahall n�c�e or waive any detault ar�otice ol detautt hereunder�r•.i�?YSIId8t9 90y 8C!dWle iil '?'��:��,_
<br /> ' �esponsetoauchdefeuitorpwauanttosur.E�;no�ceafdefauttand,notwithamedinpthecontinuancein�atonofthePropeRyor �:��=�_,�.--
<br /> ' �� -
<br /> , . _ • une collecUan.re�etdt and appiicaUon of�ei�ts,issues or prefita,and Trustee and Lender ahail be er'�ed to exercis9 every tipht '�,5`y�''��`-,-
<br /> . - �jp�,rided tor in any ot the i.oan tnstruments or by taw uy.��ccurrence of any Event ot Detau►�inctudtnp without Iia;�tion the dpM . �`� ���"�`=
<br /> ,��.
<br /> � . ��+�iiercisethepowe►ofsale.,WMer.I.endararlphtsar�camedieaunderthisparaQra�trsshait6ecumu►ativewith,;a?�tnnoways �•_
<br /> : � :es�r_��
<br /> fi*fitallon on,Lenders ri�hb and remedies under any assignment of teaaes and rents re��ed a�ainitthe�Property_��der.Trustee t ,4
<br /> _.`!,,�, and the receiver shaii bs liabb to account only for thoae rent�actuatly received. , . � � , �. .�.�,�=-
<br /> �'?�r:r 1 1. d T h e f o l i o w i n a h ail c o n s d h r 0 a an Event ot Defauit under this Deed ot Trust
<br /> ErMlfs W(aYlt. � .-,�v-a-_
<br /> . -
<br /> -
<br /> 'y+ , �,;� (a�Faiture to pay any inataliment oi prineipal or tnterest of arry other aum secured hereBy when due, • � �• ,
<br /> b)A breacA of or defautt under an rovision cantained in the Note thia Oeed af Tiust,any o!tfie Loan Inxic-Jments,or sny ��'���'-
<br /> - ather lien or encumbrance upon the Property: s'��``"�=
<br /> <<,.. ._
<br /> ; (c)A writ of executton or attachmentov arry s:^s'ar procassshail be entered againatTrustor which shali 6ecome a lien on _. , _
<br /> the PropeRy or any poRion thereot or interest therein; ;_ , -
<br /> y `�.I4 (d)There shatl be tted by or again3t Trustor or Borrower an action under any present or fut�re federa►,state o�other , _ =
<br /> statute,law or regutation relating to bankr[rptcy,insotvertcy or other reliet for debtors;or there shali be appointed any irustee,
<br /> _ ,�`: � receiver or liquidator of Trustar or Borrower or of ait asany paR of the Property,or the rents,issues or profits the�eof.or Tmator =
<br /> � or Bonower shail make any yenerai assignment fo�t`�benetit of creditors; -
<br /> • • (e)Th�aale,trans.�:tease,assignmenL conveyance or fuRhe�encumbrance et att or any part o1 or an�i^2erest in the . `_ '-
<br /> : _ � ,,�. ;Propp'�:e�'ser votunt�rily or i�votuntarily, without the express Wrl�ten cvnsent ol l.qnder, pravlded that Tr�tor shail be : =
<br /> �,;.�; p e m.:,t t e�a s e x e c u t e a l e a s e o f t h e P r c�e r t y tha!does not contain an o ption�o purchase and the term of which does not excae� :
<br /> '."- , . �.r:`:!,: . one year, • -
<br /> w� ,;��:%� • (Q Abandonment of the Property:ar , . � _
<br /> • (y)IiTrustor ia not an Individual,�e issuance,sa�e,transfer,assignment,conveyance or encumbrance of�:srethan atotai -
<br /> • "��: � -
<br /> ' �";:• � of 'percent of pf a corporat��its tssued and outstanQing atock or(if a partnershtp)a total of percent p� ;�:�
<br /> . �� � partnerahip interests during the per«t�f-is Oeed of Trust remains a tien on the Property.� . _=
<br /> . 12, pMn�dNs�;AceN�►stbn Upqn Oa4u�l.In the evem ot any Event ot 0etault Lender may,withou�:r.y��eexceqt as repuired try �
<br /> �� raw,Aeclaro all indebtadness aecure0.he�ay to be dua and payable artd the same sh�IC thereu�a-treca:�e c7�..�snd paya�r"s . � -
<br />- ,. vr.lhout any presenfinent,dema..^.0,protes*or notice of any kind.ThereaRer Lender rr.ar ..
<br /> (a)Oemand that ZcuaD!d exercbs!ha POWER OF SALE granted hecein,a^9 Trustea shatl thereafier�v:5e Trust�'s _ .
<br /> ' �' >�: interest ln the Property:�be sold and the proceeds to be distribute0,all 1n the rr.a�ner provided in the Nebras�€a Trust Oee6s `
<br /> • .•sry . ��,'�' . .
<br /> ,:c. �,,,�,.;=,.;� A� •.
<br /> - - - ---- ='- -- i . ,
<br /> � ' _�;�^.�..:�:F�` (b)Exercise any and 8ti fights Rrovided tor in any of the Loare tnstruments or by faw upon occurrence ot any Eve��t af •
<br /> Oetaui�and " ���
<br /> � ��� `* iC)Commence an acUOn to forectose thta Oeed of Trust as a mortgage,appoint a receive�,or specifically enforce any of the , �
<br /> � ;',�,;, ,;,•.; '`x .� covenanb hereof. � .
<br /> • • •;Sr.-��sss.�� �- IVo�emedy herein conferred upon or reserved to Trustee or Lsnder i9 intended to be exciusive of any other remedy hereln,In the ¢
<br /> "�`�°'';=•..= • Loan InaNuments or by law provided or permitted.but e3ch shall Ee cumutative.ahall be in additio�to every o�her remedy piven 4
<br /> �`'�����' �� � hereunQer.in the Loan Instrument�or now or he�eafter existing at law or in equity or by statute,and may 6e exe�ciaed ConCUrrently, �
<br /> �F:..':'.:';�:•',.i �
<br /> x�; « �. lndependentty or successivety. j .
<br /> '� " 13.T►whe.The Trustee may rasign at any time without c�use.and Lender may at any time and without Ceuse apAOint a '
<br /> ,,�_«� ;_-., .. � . .
<br /> ' • ��`�� ' ` aucceasor or substituteTrustee.Trustee shall not be babte to any party,inctuding without Ilm�tatlon Lender.Bonower.Truator or any • • , .
<br /> � - • � . purchaser otthe Prope►ry.tor any loss or damage untegs due to reckless ar witiful misconduc�and sha►1 not da reQuUed to takeany '
<br /> • . , �7��;N:;;_ aCUon in connecUan with the entorcement ot lhis Oeed o!Trust untess indemnHled,in writing,tor at!costs,compensaUon or �
<br /> s��:�;��•=T•�� expenses whiCb may b9 assOCiSted thetewith.in eddition,Tru9tee may became e purchas�r 8t 8ny�ate ot the Propetty(Judiclal or ;' ,
<br /> �����.�,._.;i�. under the power of sate g�anted hereln);postpone the sate ot ail or any portion o!the Properly.as provided by�aw:or seil the � �
<br /> ' ' � Properry a�a whote,or in SeparBte parcei9 or lots at Trustee s discretion. �
<br /> - - - -- '--- 14. F�and E�cp�nsN.in the event Trustee selts the Properry by exercise oi powe�of sate,Trustee shati bser►tiUeA ta appty ' - -
<br /> � �. � . any sale proceeds tlr�t to payment ot ali eosta and expenses ot exercising power of sate.Inctuding ail Troltee's tee9.and Lender's i �
<br /> . . end Truatee's attomey's tees,actua�ty incurre0to eMtem permitted by appllcabte taw.tn theevent Borroweror Trustor exercises any '
<br /> • � rlyht provided by law to cure an Event of Oefault,Lertder shal!be entiUe�to recover Irom T�ustor ail cosU and expenses actuatty '
<br /> � incurred a�a resu�t o1 Truator'a default inCluding without limitation atl T�usteA's and attomey's fees,to thg extenl permitted by i'
<br /> � • . ' app�icabte taw. ; .
<br /> ' 15. Fulun Adr�te�a.Upon reque�t ot Borrower.Lender may,at its optlon,make addiUOna1 and tuture advancea and re- ;
<br /> __---:_- -- � . ._2dvancestogorrower.Suchadvancelandreadranee�.witf�intereslthereon,sh311beEeeutedbythi�0eedolTrustAtaoUmeanati! �
<br /> , the pHncipal amoum of the indehtedness secured by this Oeed of T�ust not cI s addanced fo�qfectlhe secyrify otthis `"� --"`
<br /> • - .
<br /> � � �•� Oaed ot TrWt,exoeed the odgirtal pdaelpal amount stated herein,or S �3'�'�- �h�chever i�reWi �j �_ �
<br /> , i
<br /> � .` _ , . _ . _ .. ' :. , ,••-� � • .
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