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<br /> - - --- ii��pnoprriy i�i,q Wc�t1 os da��+�prrd,i.�+��i�r8 Hrr�th�opt:on,ln tt�eoa�nd ao�aua d� on, �ali woii Pru�G�, .
<br /> -_ �fqrd�duodnp th�nf�om�II co�a�nd�xp�n�Inaur►�d by It In aonn�oQon wlth wah Pr�oNd�,upon any Ind�bt�dna�oeau►�d
<br /> �`: A�n�by�nd In�uoh ord�r a�L�nd�r m�y d�brmin�,or to rpply�II�uah ProaMdr,Nt�r such d�duotlom,to�naWntlon of th�
<br /> - Psop�rty upon woh condidon���L�nd�r m�y d�tnmin�.Any�ppllaaGon ol ProcNd�to Ind�bt�dn��hall not�xbnd or pa�on�
<br /> th�du�d�t�ol�ny paqm�n�undK tho Not�,o�oun�ny d�hult tl»nund�r or h�r�und�r.Any un�ppll�d lunds�hall M pald to
<br /> " Trwlot.
<br /> t. hMonn�no�by L�ndK.Upon th�oeaurnno�of an Ev�nt of D�I�ulth�r�und�r,or If�ny�ot I�Wt�n m Ipd prooe�dlnp
<br /> aqmmrnosd whloh m�hrl�lly�N�ab Lander'�Int�rHt In th�Prap�rty,l.�nd�r may In Its own d1�crNbn,but witlwut obtlpadon to do
<br /> �o,�nd without noUc�m or dsm�nd upon Tru�tor�nd wllhout r�tw�lnp Tru�tor Irom�ny obllp�Uon,do�ny aot whloh Trwto►hu
<br /> __,�,�� - a�r�d but lall�to do�nd may alao do any other aot It deeme nersw�uury to prot�ot tl��cudly h�►wt T�uator WWI.Imnbdl�Wll
<br /> �:±��� �.; upon demsnd th�rNor by l.endsr,p�y to Lend�r�il co�u and�xp�nsei inaurred�nd�ums expended by I.�nd�r In oonn�oGon with
<br /> s�^,��x:'u��• •r.x- lhNx�rolse by L�ndor of th�tor�polnp rlphb,topdhsr wlth Intor��t th�non�!th�doleult nu provld�d In th�Not�,whioh thall M
<br /> a:� �• add�d ro ih�ind�bt�dnas�sourad horoby.Landar�hall not Incur�ny U�bllity bea�us�of anylhinp It may do or omN to do
<br /> �� �
<br /> __�'�'•:`'...`- h�aur�der.
<br /> �=�-�"='' ���� , �F� B. HwMou�IYIaM�u.TrusWr shall ksep the Prop�rty fn aompllpnce wlth all appliabl� law�,ordlnanas�and�pul�dom
<br /> �••,�
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<br /> -;�,::.-,; ►e�otin�10 IndusMel hyplene or envlronm�nul protectlon(colleoqvely reM►red to Mreln a�"Envlronmsnql Law�'7.Tru�tor�h�ll
<br /> "��`�=� keepthe Pro Iree from all�ub�tencos de�med to be hez�rdous or to�la under eny Envlronment�l i.�ws(coll�otively��brred to
<br /> �.�_��.�_.__.� Pe►hi
<br /> hereM� er"H�za�dous M�t�rlale").Trustor horeby warrante and repretenb to lender that there ar�no Hu�rdoui M�bHal�on a
<br /> -'�� }�� �^�"' und�r tl»Propsny.T�uetor hereby aQraee to Indemnity and hold ha�mlae�Lender,ia dirocton,offlaers,�mployss��nd ap�nt�.and
<br /> ,�,,��•'ti��'�p1 o�ywcceawrs W Lender's IntereaR from and e�simt eny end all clalm�,damepe�,Iosws and UabAltlei arlsinp U conneotlon wifh •
<br /> P°?••�s�-�,^;^�, q�e preeence,use,dieposel or tranaport of any Hazardous Materiala on,under,irom or about ihe Properly.THE FOREOOINQ
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<br /> • WARRANTIE3 AND AEPRESENTATION3,AND TRUSTOR'S OBUOATIONS PURSUANT TO THE FOREDOINQ INDEMNI ,
<br /> ,�,N,.s ��a:�.4,�r:�t" - BUFVIVE.^.ECONVEVANCE OF THIS DEED OF TRUST.
<br /> '��. v . 10.Asatpmm�nt oi R�nb.Truetor hereby asalyns to Lender the rente,Isaues end profits ol the Proparty;provlded thpt Trwtor
<br /> = ' �" ' �� shell,untll the ocaurrence o1 an Event of Detault hereunder,heve the rlpht to collect and reteln wch rents,lesue�and proQtO as they
<br /> _. •���""�'r"� become due and payable.Upon ihe ocaur►ence of an Event of DeTault,I.endar mey,elther In peraon o►by apsnt,wlth or without
<br /> � b�inpinp any action or proceeding,or by a receiver appolnted by a court end wlthout re�erd to the adequaey of Ite aeaurity,enUr
<br /> • ' • � + upan and take poeseaslon of the Propo►ty.or any pert thereof,In Ita own neme or In the�eme ol the Truatee,and do any acis which It
<br />` .���",':�,',` : ,�*:�.�- deems neceesery or dealrable to preserve th�velue,marketebllity or rentebllity of the Properly,or any paA thereof or Interast theraln,
<br />- � increase the Income therefrom or protect the aecurily horeof and,with or wllhout taklny poasesalon of the Property,�ue for or
<br /> =' " '�d�.�' •��`c otherwlse coNeot the rente,lesuea and profits thereof,Includinp those pest due and unpaid,and apply the eame,le�s aoets and
<br /> ' � ., � •� expenaee of operaGon and cotlectlon inaludinp attorneys'feea,upon eny Indebtedneas eecured hereby,ell in such order As Lender
<br />.�. �' •"�;• a::�` �:` � meydet�rmine.The enterinp upon end tekinp pos4eselon of the Property,the aollection ol auch rents,Iseuea and profib ond the
<br /> _:} �{a _- `.�_ ��pl�Atlon thereof es alore�ald,shell not cure or waive any de(oull or notice of delault hereunder or invalidate any aet done In
<br /> " . '� J retponee to Ruch default or pursuent to euah notice of default and,nolwithetendlnp the contlnuence In poesesabn o1 the Properry or
<br /> � `�� ' d the collection,receipt and applioatlon of rents,lesuea or prollte,and Troetee end Lender ehell be entNled to exercise every ripht
<br /> � �,,.,:..
<br /> ,' proWded for In any of tha Loan Inatrumente or by lew upon ocaurrence of any Event of Defaul4lncludinq without Ilmltation the ripht
<br /> -• "�"'"�'' �i,. �r to exercl�e the power of eale.FuAher,Lender's rlyhts and remedies under thla perapreph ahall be cumuletive with,end In no way e
<br />� , „ • ' � li miletion on.Lender's riphte end remedles under any aesignment of leasea end rent�recorded�ainst the Property.Lshder,Tru�Wa
<br /> �,x and the recelver ahall be Ilable to eccount only(or thosa rents actually received.
<br /> , ' 11.Ev�nb of DMwll.7he lollowing shall conetitute an Event o}Delault under lhla Deed of Trust
<br /> �_�..- ...,,�.._ (a) Fellure to pey any Instellment of prMclpal or intereat of eny other aum eecured hereby when due:
<br /> (b) A breach of or defeult under any provlabn contalned In the Note,thls Deed ol Truot,any of the Loan Instrumente,or any
<br /> ,. �,. � other Ilen or encumbrance upon the Property;
<br /> , • , . ,��d_ . (c) A writ oi execution or attechment or any slmilar process ahell be entered apainst Truetor which shell become a Ilen on
<br /> � y_.�: . � , .:,*�r;•;. the Prope►ly or eny poAlon thereof or interest lharein;
<br /> / t. • ' •: a � .M� ��� (d) There shall be filed by or ageinst Trustor or Borrower an ncliun unda�any present or tuture tederat,state or othor
<br /> l'"'. ,��,,,,,,. � atalute,law a reyuletion relatlny to bankruptcy,insolvency or other relfef for debtas;or there ahall be appolnted any truatee, _
<br /> ' `'' receiver or Ilquidalor of Trustor or Borrower or of all or any part of the Property,or the renta,isaues or prolits theraof,or Trustor
<br /> .�'" ' or Borrower shall make any general assignment(or the benefit of creditors;
<br /> i ��� �� -� �+� (e) The aele,tranafer,lease,asalgnment,conveyance or fuNher encumbrance ol all or any part of or any Intereet In the
<br /> �r�,. ` � . ..P�operly,eNher voluntarlly or Involuntarily, without the express wrUten conaent of Lender;provided thet Truator ehall be
<br /> ' • 4, permitted to execute a laese of the Property thet does not contein en optlon to purchese end the te►m ot wlNCh dae�not exceed
<br /> �_ ' "' : one year,
<br /> . � (� Abandonment of the Property;or
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<br /> (p) If Truato�Is not an Indivldual,the lesuence,sale,transler,asalpnment,conveyance or encumbrence ol more than a total
<br /> .'�y, �'� . ` ot percent of(If a corporetlon)Its Isaued and outatanding atock or(It a partnership)a total of percent of
<br /> . _ ,. paMershlp Intereats during the perlod thls Deed of Trust remalns a Ilen on the Property.
<br /> , 12.R�m�dla;Aacd��aUon Upon ON�up.In the event of any Event ol Detault Lender may,without notice except ea requlred by
<br /> ' • -: r• (aw,declare ell Indebtednesa aecured hereby to be due and peyable and ihe same ahall thereupon become due and peyable
<br /> �' � without eny preaentment,demand,protest or notice o1 any kind.Thereaker Lender may:
<br /> , , . 7�,'� `" ' ��. .�
<br /> ,� (a) Demand thet Truatee exerclee the POWER OF SALE gramed herefn,and Trustee shall thereaRer cause Trustor's _
<br /> . • Interest In the Property to be sold and the proceeds to be dletributed,all In the manner provided in the Nebraska Truat Deed4
<br /> � ' Ack
<br /> ' • � (b) Exerclse eny and all rlyhta provlded lor In any of the Loan Instrumenta or by law upon occurrence of any Event of
<br />, Delaulx and �
<br /> � ", ". (c) Commence an ectlon to foreclose thla Deed oi Trust as a mortpepe,appolnt a receiver,or specifically enforce eny ol the
<br /> . covenants hereot.
<br /> " No rernedy hereln conferred upon or reserved to Truatee or Lender Ia Intended to be excluslve ol any other remedy herefn,in the
<br /> ' Loan Inetrumenta or by lew provided or permitted,but each shall be cumulative,ahall be In addltlon to every other remedy glven
<br /> , � hereu nder,In the Loan Instruments or now or hereaRer existing et law or fn equlty or by atatute,and may be exerciaed concurrently,
<br /> � independently or succesalvely.
<br /> 13.TrutlN.The Trustee may resfgn at any time wfthout cause,and Lender may at any tlme and without cause appolnt a
<br /> *' succesaor or subatitute Truatee.Trustee ahall not be Ifable to any party,fncluding wllhout lim�tellon Lender,8orrower,Truator or eny
<br /> - -- � � purCh889r Of ttte PrOperly,tor any ioas or aamage umess aue�o recieiess or wiiiiui misoonduci,end snaii noi btf rtiyui�eni iv i6kn a�iy
<br /> �, actlon In connectlon wlth the enlorcement oi thls Deed of Truat unless Indemnllled,In wrltfng,lor all costs,compensatlon or
<br /> , . expenaee whlch mey be aseoclated therewlth.I�additlon,Trustee may become a purchaser at any sale of the Property Qudlclal or !
<br /> under the power ot sale granted herein�;postpone the sale of all or any portlon ol the Property.as provlded by lew;or aell the
<br /> . , Properry es e whote,or In separate parcels or lots at 7rustee's dlscretlon.
<br /> 14.F�and Exp�n�„.In ihe event Trustee sells Ihe Property by exercfse ol power ot sale,Trustee shall be entllled to apply
<br /> =- -- �---- - --.. 30y 3318 plOC@9d.�.IIrBt tQ�HYmB!�S Q�A�)COQ�q Af1f1 PYt1PI1RRQ fl�AYAfCI4IIlf�flflWAf OI AH�R �ncludina all Trustee'S}@e8�end Lend@r'S
<br /> i ' endTruetee'a attorney's feea,actually fncurred lo extent permltted by appllcable law.In the event Borrower or Trustor exerclses any
<br /> . ' rlpht provfded by law to cure en Event of Oefau�t,Lender shall be entltled to recover from Trustor all costs and expenses ectually
<br /> ' i�curred ea a result of Trustor's delault Includln9 wfthout Ilmltetfon a11 Truatee'a and attorney'e lees,to ihe extent permllted by
<br /> � ,• appNcable 18w.
<br /> - ,� 15.Futun Advana��.Upon request of Borrower,Lender may,at Ite optlon,make addltfonal and fulure advancea and re-
<br /> ' � edvancea to 8orrower.Such advances end readvances,wlth Intere�t ihereon,ahall be sec ured by thls Deed o1 Tr�at�no tlme shall
<br /> � " ,. ,`.3;°`. the princlpal amount of the Indebtedneas aecured by thls Deed ol Trust,nq��ic��ma advanced to p�teCt p0 curlty of this
<br /> • " '�� Oeed ol Trust,exCeed the orlqlnal prinClpel amount stated hereln, or$ ' whichever Ia greater.
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