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<br /> th�p,pp�ry I��q qkln pr dartulp�d,L�nd�r N�11 har�th�oppan,In In sot�ond abrolut�dlserWon,to�pDly alt wah ProcMd�,
<br /> al�doduce,np q�MN�om NI aoW�nd��pon�M inaurnd by It In aonn�atlon w{t��ruob P�oewd�,upon�nlr Ind�bbdnw�tund
<br /> hK�by�nd In woh ad�►e�I,.�nda may dMWmin�,or to aPpIY all suoh PracNds.aftv�uoA d�duaUom,to tlw��loratlon oi tIN
<br /> I+rop�ry upon wah aondibons a L.�nd�r may d�t�nnin�.My�ppllo�tlon ot Proowd�to Ind�bt�dnw sh�ll not�xt�nd a po�tpon�
<br /> - 1h�du�datr of any p�ym�nt�und�ths Not�,o�cun�ny dNwlt th�r�und�r or hanund�r.Any un�ppll�d funds�hdl b�pud b
<br /> ` � TruMor.
<br /> � 8, �wlorn�p�6r 1.,�►d�.Upon ttN ocournna�01�n Ewnt of Wl�ult h�r�und�r,or II snr act b Lk�n or Ip�l proaMdlnp
<br /> .�- comm�c�d which nNa�IWy aM�ob L��'�IntsrNt In th�Prop�rty.L�nd�rmay In Ib own discndon,but wlthout obtlp�Ga�to do
<br /> - -- � ------ �o,�nd without noUar lo or donwnd upon Truotor and without releaainp Trustor from eny obllpeNon,do eny act whlch Trusto►hes
<br /> pon�d�mlmd�thrrelor by L�nd�!P Y t aund all ao��d ucpen�Inaurped�nd�m�xrpe ded by L�nd�r in col'nn�ation witl�i r
<br /> th�sxerclw by Lend�rof ths forspolnp riphU,to�ether wll�intsr��t therson et th�d�t�ult rote provid�d In th�Not�,which studl M
<br /> added to dH Ind�bt�dn�tf waur�d h�nby.I.�nd�r stull not inaur�ny IlsbilBy b�oaua ot mythlnp It rt�y do or omlt W do
<br /> - f��und�r.
<br /> g. N�sandou�MMrrl�•Trustor slull Y.eep th�Propxty In compllsnce with all eppllaobte I�w�,ordinances and rapulaGons
<br /> - -----_ -__-�� ralatinp to Indust�lel hypiene or enrironment�l p�oteoUon(colleodvely raferrad to horeln a�"Envlronmenfol(.�ws'�.TrusWr�hul
<br /> kesplhs Property Ueehom all�ubamnce�deamad to be hazardou�or toxic under any Environmental I.aw�(colleativNy niorred to
<br /> — hs►elo a�"Hw►dou�Mabrlal�'7.Trustor horeby werrante and reprasents to Lender thet there ere no Hazardous M�t�dal�on or
<br /> und�r the Properiy.Tru�tor hereby eprea�to indemnity end hold harmlees Lender,iq directora,o8lcero,employaea end apenb,and
<br /> _��� �ny wcc�ssora to Lendsr'�I�teresL trom and epaintt any and all olaim�,damspes,bews and Ilebllltles erisinp in connection wlth
<br /> =— - - - - the pretencs,use,dl�poael or banapoR of eny Hezerdous Materlale on,under, lrom or about fhe PropeAy.THE FORE(i01N0 __
<br /> = WARRANTIES AND.REPHESENiATI0N3,AND TRUSTOR'8 OBUQATIONS PURSUANT TO THE FOREOOINQ INDEMNITY,SHALL —
<br /> ' SURVNE RECqfWEYANCE OF THI9 DEEI�OF TRU3T.
<br /> •° ` — 10. Astlpna�»nt M R�nh.T►ustor hereby assigns to Le�def the rent4.itsue�and profib of Ihe Property;provWed thet Trwtor
<br /> �-��������_ �• � thall,unNl the ocourrence o}an Event of Default hereunder,have the ripht to collact end reteln such rente,lesuea end prollts e�they
<br /> °-- - --- - beeome due�nd poyable.Upon ths oocurrence ol an Event of Default,Lend�r may,ehher U person or by apent,wlth or wlthout
<br /> _��'������ brinpinp�ny action or proceedinp,or by o►oceiver eppolnted by a court and without reperd to the adequecy of Its eaaurity,enter
<br /> =—=-�:�� upon end teke po�aeuion of the Prope►iy,or any part thereot,In ia own neme or In the neme of the T�ustee,and do any acts whlch it
<br /> - �"""° d�eme n�Cewary or de�inble to preierve the v�lua,markitablNty or renteblHty otthe Properly,or eny pert thereof or interat thareln,
<br /> -�-'°'"'�"'- increa�s the Incoms Iherelrom or prot�ct the aecurity horeol end,wllh or wlthout takinp poseosalon o1 tha Properfy,we for or
<br /> �='� ptherwl�e collect the renb,is�uss and proilb thereof,includlnQ those pa�t due end unpaid,and appty the onme,leas coata and
<br /> ��"��"�`� �xp�n�es of oparaUon ond collection includinp attorneya'lae�,upon any Indebtedneu secured hareby,all in�uch order ai Lenda
<br /> ___ �,},,. m�y dst�rmin�.Th�enterinp upon ond akinp po�eeNon ot Ihe Prop�rty,the colleaGon ol wch reny,iuuoi and prolla and th�
<br /> =r��`� �ppllc�pon thereol a�ator�Nld,shsll not cure or welve any delault or noUce ol delault h�reunder or Invalldata any act done In
<br /> r��ponN to aoh dN�ult or punuant to auah noticeol deUult and,notwllh�t�ndinp tha continuanca io pawesilon ol the Propsrty or
<br /> - fh�coll�odon,r�cNpl�nd�ppliaatbn of r�nb,is�uo�or prolits,and Trudw and L�ndor�hNl bs�nuGsd to sx�ral�e wery ripht
<br /> -- provld�d for In any of th�Loan Instrumenb or by I�w upon occurnnco of�ny Ev�nt of Dohult,Includinp without Ilmlt�tfon th�ripht
<br /> _��: to�x�rciN 1h�powu ot a�t�.�urth�r,Lond�r'�rifli,tr u�id res�edlei under ihfz iHrapraph sha!!bo cwssuludva�x!!h.srsd!n na+xap a
<br /> ;;� IlmiaUon on,Lend�r't rlphb and ramodlo�under eny e�slpnment of leaas end nnb racord�d aprin�t tho Property.Lender,Trust�
<br /> .� .
<br /> .;•�� ',,,y �nd th�receivsr�hatl be Ilable to account oMy for thoaa rente actually recelved.
<br /> � -- `� ��`I. 11. BwnM ol DMIUM.The follo�vinp shall corudtute en Event of Detault under thit Deed ot Truet
<br /> "�" � .+, s,. (�)F�Iluro to pay ony Installment of prt�clpal or Intereat of any other aum eecured hereby wher�due;
<br /> ""'-' w�{;• �� . (b)A bnaoh of ordefault under sny provl�lon contalned In th�Nota,thl�Deed of Trust,eny of the Loan Inttrumonta,or ony
<br /> :.y,' ; • • z•� oth�r Il�n o�encumbrance upon the Property:
<br /> ���= (c)A writ o1 ezecuUon or attechment or any eimllar proce�s stwll be entered epafn�t Tru�tor which shall b�coma a Ii�n on
<br /> '' •< the Properly or eny poMon thereof a intere9t thereln;
<br /> '• (d)There ehell be ffled by or apainat Truetor or Borrower an actlon under eny present or future tederel,atete or other _
<br />�'� "w ��*•'y' _ statute,tew or repulatlon relatinp to benkruptcy,Insolvency or othcr rellef for debtars;or there ahall Es eppointed any truetee, _
<br /> =�c..' ,... , .:.
<br /> q,�, ��:;.:� recefver or Iiqutdetor ol Truator or Borrower or of ell a any part ot the Property,or tha rents,I�auea or prallts thoraof,or Trustor _
<br />_�;,�, ,w„'�,,,,.,_ ti .,,,, or Borrower shall make any general asslynmint lor the benetit of creditora;
<br /> ) �; � (a)The�alo,Ven�fer,laate,aaalgnmont,convoyance or further encumbrance of all or any part o1 or any Intereat In the
<br /> yt�;•;� _ P r o p e r ry,e f t h e r v o l u n t a r l l y o r I n v o l u n Wr H y, without the ex press wrltten consept of Lender; pro�ided ihai Truetor ahell be
<br /> -- �„', �''�� � permitted to execute a IeAte ot the Propery that doeo not contoln an oplfon ro purchese ond tho Wrm of which dao4 not exeoad _
<br />_�`� -n ` .�:w.; onsye�r,
<br />`%;�. •-r, ';' (q Abandonment of the Prop�rry:or
<br /> ,� �' � �x (�)II Trustor I�not an individual,the I�suance,sale,trensler,asalynment,conveyance or encumbrence of moro than a tofal
<br /> u.
<br /> ' . . .w ��:." � ot gi'�ercent of(if e corporation)Its lesued end outatending etock or pf a pa►tnership)e totol of perCOnt of
<br /> `�,� � =••� � � , partnerahip(nterests during the perlod thla Deed of Truet remai�s a Ilen on the Property. _
<br /> , . „,�_.,,�y:�,,�� 12. R�rwdiN;AocNeatton Upon Dnaul6ln the event of eny�vent oi Defaull L,ender may,wlthout notice except as requked by �
<br /> . �, • � lew,declare ell Indebtedneas secured hereby to be due and payeble and the same shell thereupon become due end payable
<br /> ' �""° wifhout ony presentment,demand,proteat or notice of any klnd.Thereafter lender may:
<br /> ,�_.�,,, (a)Demend ihat Trustee exerclse the POWER OF 3HLE granted herein,and Trustee ahall thereaker ceuse Truator's
<br /> � " �. ��.� • Interest in the Properry to be sold and the proceedo ro bo dletributed,all m the manner provlded In the Nebra�ka Trutt�oeds
<br /> , t ;w;. '
<br /> ;.�.�,�� j� Act �
<br /> . r •• •• (b)Exerclse any end ell rlphts provlded lor In any of the Laen In$truments or by law upon occurrence of any Event ot
<br /> ' • � Detault and
<br /> ,� � „•�-+;- � °� (c)Commenca an acdon to loreclose this Deed of Trust as a mortflaQe,appolnt a recelvar,or apecificelly enforce any of the —
<br /> covenents he�eol.
<br /> - ` 'l 4p x�'"'�""�'•",r No remedy hereln conlerred upon or reaenred to Truatee or Lender Ia Intended to be excluafve of any other remedy herein.In the =
<br /> : a • . � Loan Inatruments or by law provided or permltted,but each ahall be cumulativa, shell be In addltion to every other remedy gfven k
<br /> hereunder,In the Loan 1 netrumonts or now or herqatter ezlatinp at law or fn equfry or by atetute,end may be exercfsed concurrently, �
<br /> ' � , Indopendentiy or eucceaelvely. �
<br /> 13. T►wtN.The Truetee may resipn at eny Ume wlthout cause,and Lender may et any Ume and without cause appolnt a -
<br /> ,ti,.;,�^w'�'K;, ' eucaessor or aubatftute Truetee.Trustee�hell not be Uable to any perty,Including wfthout Ilmltetfon Lender,Borrower,Trostor or eny i_
<br /> � �� purcheaer of the Praperty,lor any loea or damape unleas due to reckleas or wllllul m�aconduct,and ahal I not be requlred to take any �
<br /> '� Acflon In connectlon wfth the enforcement ol thla Deed ol Truat unless Indem�flied.In wrltlnq,lor all coeta, compansetion or ;
<br /> • _�
<br /> - ex ensea which may be aeeaclated therewflh.ln addllfon,Truatee may become a purcheaer af any sale of the Property Qu�lclal or
<br />:sn•. • ��=��.,� '+ p __...___...,�..._...�tie.e���•.,...�...,.,o e,o.wio nt all nr anv nnrflen of the ProoarN.as orovidQd bv 18w:Or sell the !--
<br />• ..." __ -.-.__.-__'__-�-_ - Yi�VOi ii�v Wno� v.w.o��.....v.. .....�...n�---r-•.- '.._"_ ' ' _ ' . . . . . . �
<br /> = •• Property aa a whde,ar in separate percels or lots at Truatee's dlacretlon. �
<br /> � ' � 14. FNS�nd�p�nN�.In the evenl 7ruatee sells the Property by exercise of power ol sale,Trustee ahell be entftlqd to apply ;
<br /> • ' any sele proceede ffrot to payment of all cosla end expenaes of exerclefng power of eale,including all Trustee'a feea,and Lender's �
<br /> �� � end Truetee'e attorney'e lees,ectually incurred to eztent permltted by appllceble law.ln ihe event Borrower or Truator exerciaea any ;
<br /> ���, ... ►I�ht provided by law to cure an Event ol Detault,Lender ahell be entltled to recover Irom Trusror all costs and expenaes actually '
<br /> � • Incurred a9 a result ol Trustor's defeull includin9 without Ilmftetlon all Trustee's end attomey'a fees,to the extent permitted by f
<br /> .� . applicable law. f
<br /> ,;�. � 15. Futun Advmct�.Upon requeat of Borrower,Lender may,at ite optlon,make additlonal ond luture advances and re- �
<br /> ; . �• , �j�:z, advancee to Bo�rower.Such advances and reedvances,with Intereat thereon,shall be secured by this Deed ol Trust.At no time shell �
<br /> � ," ' �� the principal amount ol the indebledness secured by thia Deed of frua4 not�r���advanced to protect the securfty of this ;
<br /> . �� „ '�""'`'«'�`. Deed ol Truot,exceed the oriylnal princlpel amount eteled herefn,or a ' whichever Is prealer. �
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