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<br /> � �7. �xnin�c+t Desr�in.l.cander ta here�a�Q other taki g of the P operty or paRthereof,or totr caR eynsr�ce in lieu o4 ccndemnar .< `+,`F `� _
<br /> °prucesds'�in cannection w+�condem , `�•-F
<br /> Uon.Lender shall bo enUtted at Its opUon w commeace,apPear in an d prosacu t e i n i t s o v m rt a m o e r i y a c U o n o r p r o G S e�irtO�oa�►iot ,`' `..�
<br /> s h a l l a l s o b e e n t i U e d t�make an y campromio0 or settlament in connscNon v�ith such takin9 or damnQe.ln tha all suc4�yProcesti9. <� -^ • � _
<br /> the Propariy Is so taken or damaged,Lender shali have t he op U o n,i n i t a s o l e a n d a b a o i u t e d l s c r�U a e�.t o a P P h� .'A'�"
<br /> . after deducting therefrom a��de may detem►lne,uor to appty all auc Pro esdauafteP uc�fi dedupc.tlons.to the re�tora�on of tt�e ` � .���'..`.' *L '
<br /> � ` hereby artd In such a de . '� ._•:---
<br />� propsrty upon such condiUons as Lender may detsrml�e.Ar►y apPlitaUon of Proceadsto frtdebtedness shal��nds aU De pai�d�o .t . :>. �s,..:-'=
<br /> the due date o4 any payments under the Noto,or cure any dstault thereunder or herounder.Any unapp ( "• ,• _
<br />-�-��� Tcustor. _ .
<br />-'"t 8. F�stormanca by L�ndsr.Upon the occunence of an 16vent at Qsf�ult hereunder,or if any�ct fa ffiken or Iegal pracec3diesg ���_ _y�_.
<br /> .� •,� commenced whtch materiaity aftects Lende�'s interest in the Pr�perty.Lender unay tn its own discret[on,but withautoblIgattcn t�d0 ;, :,: �
<br /> so.and w[thaut na�ee to or demar�d upon Trustor and w0hout retea3ing ��o��e secunry�hereof Trt�����imr��wN:� � ...,_
<br /> agreed but falls to do and may afs�do any other act it deems necessary p ; '°'`�`�---�-.�- s_
<br /> apon�emand theretor by Lendar,pay w Lender att costs ar�exRenses�ncune��'+d sums e�e.�dad bY Le:�ar in conrtsc���+� r� '``�
<br /> ,..�''� t h e e x a r c i s a b y L e n d er of the tor e gotng rigt�ts,together wtth not i n c u�r a�l i a�:':Y bea a u�e°a Y t h i n g�a v�o�[�h�� v�:.._ ��'a�,�*
<br /> � 3;� added to 4fie indebtedness securc��reby.Lsr...�x shal Y ;,sJ aY=�
<br /> hef@YIId6T. ti��:y '`:r5 �
<br /> • 9. H�rdte�t1�a3��.Trus��'s�'1 ke�rz�:ve�wpertli in compliance e�all applicabie tawa ocdlr�rc�s ar+d regutaUons � � �,� ��}rfj
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<br /> retattng to IndusVia%'-''Ct��'�cT�'°fi"�'�e'�'��"��on(coitecUveSy refsr.�dt�c hereln a9°Er►vironmentell.aws'�.Trustor shall ; .n�-�_ _
<br /> keep.�e�FropeR1►�`ca=ro z;s:l��rcaas deem�i ta be hazat�'r.a.�a or toxtc uirdar any Emrironmentaf lews(catleciivefy►referted to .;., , ;
<br /> here^�'�lazazdc•�C+�!er�.��'�1'h;�r h ndemni�and oi��arnilaas Lendsr iffi d�ecto�s,aNicere.em�pS Yees And�7�'rb.�d ,'.t f��'i �''�`� . �'•'( ,,
<br /> under�e PropeRy- .��r hareby ag�ees to N �a ea,losses and llabi![Ues ar(s��9 U►conne�5on �.' ° ���;_, '„ , . -�
<br /> . any succes�crs m L�e rs in t e r e s L f ro m a n d a g a:.'s s i e n y a n d a l l c l a i m s. S ��,� .,� ;, � �,,,,;.-_
<br /> t h e pre�ence.usa�disposai or transport at any':�dou5 Materis�g on,under.from or about tha Pra q a s?p•T H E F O A E t�O l N Q .V.`�,;`t�,',`,;<_
<br /> � ,.: WqqpO,{�ITIESANDREPRESENTAl'lONS,AND'fe�C;:�i"7�OR'SO�11t3ATtONSPUR3UMJTTOTFtE�A£GL�lA1?'A+ipE�����LL , :.f,� _
<br /> SUAViVE RECONVEYANCE�F�rNl'a DEED Of TRU3T. ,��s s� �;.h� �.•�p .
<br /> 10.AsB�tfmMt o!Rml�.Ttt�hereby assigna to Ler.�r,�t`ia r�ats.issue9 and profi��a�t't Qhe�roperty,Mr�vide6�.�m3 trus4or „�:_;,__._:..:� --
<br /> ehall�,r,nlmeo�ccuRenceofanEvg�cofOeiaulthereunde�,ha�e�heri9httocoUectandretainsuch�e�st�.Issue�andpro�estheY ���,
<br /> �..�,��o��±A.may.either in pensan or by egertt.wtth or wtthout .� �;;'+:_�:-;
<br /> become due and payabte.Upon ma occuRencs ai an c.o��:... . -{;� ;
<br /> bringtny any acdon or proceedin$,or by a recef�rQ,appotnted by a court aR�l wfthout regard to the adequacy ot�securiiY.e� :•: � M1 f£�
<br /> � u p on and fake�ossessicn ot the PropeRy,or any ynrtthereoL in ita own name or in the name of ttse TNStee.and do arry acts whtch it �� • �
<br /> , d�y necessa,ry ar dealrable to preserve t he v a l ue,m a r k e t a b i 1 1 t Y o r r e n t a bil i t y of the Pro p e R y,or any patt thereof or interesttherein, �i ,.�_
<br /> inereasa tha income tharetrem or protect tha sscurity hereof and.vtith or e�ithout teking posses��en�8��,�s 8�and �r�.�T ..
<br /> otheiwise cotdect the rents,issues and proRts thereet,inctading those past due and unpaid,and apptY '�'
<br /> expanses at operaUon and colleation inctuding a'•omeys'�e�e¢opertys.x'►a colleec on a1 seu h rents.�ssuef►and P oftts a�d the �f�'r3�'
<br /> � may determine.The entering upan and ffiking 4�e�ss .,�._:s
<br /> 4,.�,� -
<br /> app�(cat�on U+ereot as aioresaid.stsa8 nat cur��r�eeaive any�`�uft ar nn5�of detault hereunder or fn�9#:dafe any act done In �;��
<br /> respons�etosucAdefaultorpur�tr:r�sitosuchnoti�u�orPTdis�.andTrusteeandLe dersha116sien�U�e�exec�i�ae�+�e�!►�9�t . f��`���/
<br /> �t '
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<br /> � the coilectlon.rece1pt and aDOftcaf�n of rents. ,.': � ,.. `�;'-
<br /> .. pravidedtorinanyoftheLoanDocumenborbytawuponoccurrenceofarryEventofOefautt,tc�c1u�ingw1thaut1imitallontherightto ';""r. ... �.�t�� __
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<br /> axercise ti�a power o1 sate.Further,Lender s rights ar►�remedies unde►this paragraph shall be cumulativa vlitfi.anA in no way a �,
<br /> .. Iim3tationon.Lender's�Ightsandremediesund�ranyassignmento4leasesandrentsrecoMedagainstthel�+'opert�l.�.ender.Trustee ;5 ; �
<br /> � - and the receiver shat{ba liabte t�ec�ount onty those�en��ty received. '.t� •
<br /> ' 11. Cwonb W Da�au9i The tottowing shall constituts an Event o!Oetauft under tt►is Oeed o1 TrusC � � ' •�.�ti • -
<br /> (a) Fai�ure to pay enY instaitmani of p�incipal or intereat of any other sum securc�hereby when due; �
<br /> � . (b) Abreachofordelauttunderanyprovisianconffiirte�inthelVote,thisDeedof3r�.a:,anyoftAeLoanQocurtumts.orany �� �'��. �•-
<br /> '�'�. �� other Hen or encumEranoe upon the ProPentr. ��y�r ' �•�'�� �
<br /> (c) A wrlt ot execution or attachmont or eny simitar procea�shatl bo entered against Tn+stor whtch sAati became a lien on 1-,���._
<br /> ''�•�::,��.��z:.
<br /> '� the Property or any portion thereaf or interest tlaerein; '�: --- �:,•:_
<br /> ti
<br /> � � �� (tq There shail be Cled by or against Truator or Borrower an acUon under any preser+t or 9�uTe federaf.state ot oth0t ��'' •: - ._:"
<br /> " statute,taw or regutatfon re!n.'1ng to bank►uptcy.insolvency or other relief tor debtors.:.c W''.ere sh_1 Rrr appolnted enY b�tste9• �r;;±:��,�`'`
<br /> .-,..��..
<br /> reCetvar or Iiquidator ot Tnt�sr,x Or Borrower or of all ot any part o1 the Properiy.or the Rern�,issues or prafib thereol,or Trvator �
<br /> or Borrawer shaU make ar.*p�sneral assignment tor the beneflt of c�edltors; at or an interast in the r,f��''� �y,
<br /> ..:.'� (e)The�s�:�.uansier.lease.assl9nment convsyance or tuAher encumbrance ot all or any C�r'! y `� ..�`'�'�..`� ,`I
<br /> properry,elther voluntadty or Involuntarily,withou4 t he express writ^�s consent of Lender prcx�r,br2d t118t TrU8toi 8h011 be .r.:'a�. ;.,;,;•!�}���<. .�
<br /> . esmitted to execute a tease o1 tt�e Property that dues 1ot contain an op5��to purchase and the Oems ci whtch does not exco9d �,_ ���;�__
<br /> D . ---
<br /> ono year. , :• , ,��z��
<br /> (� A48ndonment of the Property:or ���""`,'`':°`: ..---
<br /> '. ' (g) If Trustor ls not an individual.the issuance,sale,trans!er,assignment conveyance or encumbrance of morethan atotai s • .����
<br /> p}�_percent of(if a corporaUon)its issued and outstanding�tack or(i1 a parinership)e tr�tsi�of perCent o? - ����,,�^
<br /> :.:..:.,sy��;�.:•.:
<br /> partriership interoats diiring the period this Deed o!Trust remains a�:�n on tha PropeRy. . . � ,�v�3+.,
<br /> ��R���u�9be��pon O�yuti.In tho event of any Event of Detauii Lsnder may,without cmtce except as required by ,�;,,,��;_,�
<br /> � �' law,declare s0 lndobiedrtess secured hereby to be dus and payable and the same shall thereupon become due and payabte _ -- ��
<br /> wlthout any prese�nent demand,protest or notice of eny kind.Thereafter Lendc�r may. �1i�r��:
<br /> . .!�r, (a) Dem:L�rf lhat Trustae exercise the POWER OF SALE gr�nted herein,and Trustes ahatl xl�ereafter causs Trusto a
<br /> �R�,a,,.,.,�.s��
<br /> '`� interest in d�xs�f�i+;perty to be sofd and ttu�(uoceeds to be distributed,sl�in the manner provided irt itte Nebraske Trust aeeda
<br /> , ;.#. A� ----- _
<br /> 4
<br /> „ (p� �r�iseanyandaitrights�ra,�ici►e�Starinanya4�:eLoanOoeumentsorbylawuponoCCUrranCe0lanyEventOf ���,����T:r�.-•:
<br /> rt�.:d j jvT=_���_��,.'�„_
<br /> (c) Cosr►mence an actian ia foreclose this Oeed ot'Trou�c as a morcgage.appolnte r2ceiver.or speciflcai(y enSorce arry of the �� _
<br /> covonants Mreot. ���°
<br /> No remedy he��conforred�pon or reserved to Trustee or Lender is intended to be exclusive ol ary at��er remedy hereln.in the _
<br /> Loan OoCUmen45 or by Iaw provided or permitted,but each shall be cum�,L3tive,shail be in additian tn rvery other remedy g1u�n E? .�,_
<br /> hsreunder,in the Loan Oacuments or now or hereafter existing at law or in equity or by statute,aa0 rrtag�se exeaised concu�rennv. �����,_--;•_,•
<br /> .. IndepenQenttyo�sucCessiYely. �"�_;,�._�ry._....�_
<br /> 13,q��tM.The Yruutee may resign at any Ume without cause,and Lender mey at any timd and wtthout ceuae eRpoin4 a _�*'�F_�:
<br /> -::.,:;..
<br /> ' �'! successor or&ubstitute Trustee.Trustee shell not be Oabte to any party.inctuding without IimituHan Lender.Bortower.Tru3tor or any , :, __
<br /> � �_ � purchaser of tho Property.for any lo,s or damage unless due to recKless or wllltul misconduct and Sheil not be requtredto take any ,•.,���::=... �.
<br /> action In eonnectlon with the enforcement ot this Deed ot Trusl unleas indomnitied,in writing,to�ail co�to.compensaUon or •A��,. ___
<br /> e�nsp3:.vhich msy be pssoclated therev�ith.In addition.Trustbe may become a purchaser at any sale ot the Properly Qudiclal or .s .�,,�,: . _
<br /> ' under the power o1 salo granted herein);postpone the asl8 of all or any porUOn ot the PropeAy,as provlded by law;or sell the . :� ,,�� ,', .�
<br /> Property as a whoJe,or in separate parceis or lots at Trustae's discrotion. - ,�_ : y . _
<br /> � 14. Feef end ExP�n�e�.in the event Trustee sells the Property by exercise ot power of sate,Trustee shall bo entiUed to eppiy --+ :• .•=
<br /> a n y s a l e p ro c eeds first to payment of ail co;ts and expenses of exercising power of sale.including all T►u3tee's teas,and L9ndefe _ , . _
<br /> and Trostee's attorney's tees.actualty iocurred to exten t permi tte d b y a p p i i c a b l e l a w.I n t h o e v e n t B o r r o w er or Yrustor exercisea any
<br /> .. � right provided b sult of Trustor's deiault nclud ng w thout irnitation al/Trust e�s a d attor eya fees,to tho extent Dermitted by . . ,�
<br /> ..._� �R�u«��e
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