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<br /> "Pror,00d�')In connectton wilh condernnation or othor tnkinp a1 the PropeRy�r pnR thereol,or fur conveyance In!Isu of condemnatlon.
<br /> Lcndor nflall bo ontitl�d o!ita optlon to co�ma-tco,appoa�in and prosocuto In ito o�vn ntimo any nction or procce,dinQs,nnd chall e,lco
<br /> Co onliticd to mntco Any cornproml�o or caYtlom�nt In conncctlon r�lth ouch talcinfl or d�maga. In Iho ovont nny�ortlon o11ho Praporty is
<br /> -,, - - ------ !�tek�n cY c��m��tt, Lertcar!G#wll �ve Ihe aptlon in Its sole and nbsolute discratlon, to apply all euch proceod3, aftar duducllng ..
<br /> � thereirom ail coste and expenses Incurred by It in connectlon wlth auch Procoeds,upon any indebt�dnass socured hereby and In su�h
<br /> urder ae Lendur rt�ay determine.ur to epply ail such Proceede,atter such deductiona,to the reatoratlon o1 the f'roperry upon such con-
<br /> � dltlans es Lender n�ay datormine.Any appllcaUon o}Proceode to Indcibtednesa ehall not extend or postpane tha uue date of any pay-
<br /> mento under the Note,or cure any deiault thereunder Qr hereundor.Any unapplled funds shall bo pald to Trustor.
<br /> b. Pa�Pormtnce by I.�nder,Upon the occurrence of an Event o1 Datault hereunder,or If eny act I�tak�n or legs�l praceedinp
<br /> Commenced vfi�h matedatry atfecls Lendere interest In the Property,Lendar may IR Ite own discretion,but wiihaut obllpation to do so,
<br /> � and wlthout notfce to or dBmand upon Trustor end withou4 releasing Trustor trom any obllgatton,do eny act wh�h T�stor has egreed
<br /> but taflad to do nnd mny t�lso ctb any other act It deeme nc�mse2ry to nrot�t the secudry hereof.Trustor ehall.Immedietety upon
<br /> .••�+'�" , demand therefor by Loncbr,pay to Lender all costs end expenses Incurred and sums expended by Lender In connecUon with the ex�er-
<br /> � "� clae by Lender o1 the forepoing righis,togelher wllh Interest thereon at the detault rate provfded In the Note,wh�h shell be added to
<br /> � the Indebtedneas secured hereby.Lender shall not inc��r any Ilabflfry because o1 anything It may do or omit to do hereunder.
<br /> . 9. Has�Mou�IIAat�rltls.Trustor shell keep the Property in compliance wtth ell appllcabte laws,oMinanc�s end regulations '.,
<br /> �, retating to Industrlal hyglene or environmental protectton(collectively refeRed to hereln ea"Environmentel Lawa").Trustar shall keep —_''x
<br /> tho Properly tree iran aA substances deamed to be hazardous or toxfc under any ErnlronmRntel Lawa(colfectivety refeRed to herein ��
<br /> .. f as'Flazardous Materials'�. Trustar hereby war►ante and represent�to Lender thet thare are no Hazardous Materials on or under the �TM-
<br /> �; Property.Trustor hereby agrees to Indemnffy end IwW hartn{ess Lendor,its directors.oHk;ere, emp{oyeea and egents,and any succes• �L,a�
<br /> ,, sors to Lendere Interest,from and agalnst sny end all clalms,damapes,losses and Ilabilitles urising In connectton with the presence, �c::�.-'
<br /> , uso,disposal or trensport o1 eny Hezardou5 4AatadaJs on,under,from or about the Properry. THE FOREGOINd WARRAN7IES AND "
<br /> " REPRESENTATIONS, AND TRUSTOR'S OBLIGATIONS PURSUANT TO TH� FOREGOING IfVDEMNITY, SHALL SURVIVE
<br /> �� RECONUEYANCE OF THIS DEEO Of TRUST. -_
<br /> . 10.Asst�m�nU of R�nU.TNStor hereby asslgns to Lender,and granta Lender a secu►ity Interest lii,all present,future and
<br /> �• aftor erlsing rents,issues and profils ot the Properry;provlded that 7rustor shall,until the accurrence of an Event o}Detauft,hsreunder,
<br /> „ T have the dght to cnilect and retafn such renta,Issues and protita as they bscome due and payable.Upon the occurrence of an Event af --
<br /> Defauit,Lendor may,either In person or by agent,with or wlthoui bringing eny actian or proceeding,or by a roce(ver eppointod by a
<br /> caurt and wlthout regard to tho adequacy of fts securiry,enter upon and take possession of the Property,or any part thoreof,in ite own
<br /> name or In the name of the Trustee. and do any acts which ft deems necessary or deslreWe to preserve the value,marketability or
<br /> rentabtlity of the Pr�perty,or eny pert thereot or interest therein,or to Incroase the tncome therefrom or protect the secudty hereof and,
<br /> wlth or withcu2 tak(ng possesslon ol the Property,s�e for or othorwise cotlect the renta,issues and profits thereo},tncfuding thasa past �
<br /> ' due end unpald,by notitying tenante to make payments to Lender.Lender may eppty rente,issues and proftts,less c�sta and expens•
<br /> os of operaUon and collecdon inclucling attomey�s fees,to any indebtedness secured hereby,all in such order as Lender may deter-
<br /> mtne.The entedr�upan and taidng possesslon o}the PropeRy,the collectton of such ronte,Issues and profits, and tfie applfc�Utie�
<br /> tharwnf aa,n�arai�l a�al! �nt��i�a n►�ya(ya anv M}m dt n�nntir.w n}tlafw�ilt harn�nu�ar�ir Invwlidat[�anY 8ct dorle Irl�estloRSA t0 S61Ch
<br /> - defauit or pursuant to such notice of default and, notw(thstanding the continuance In possession of the property or the collecUon,
<br /> receipt and applk�ation oi�ents, issues or pro8ts,Trustee and Lender shaU be enUtled to exerclse every dght provlded iw in any of the
<br /> Loan IRStrumenta or by law upon a;currence o?any Event at Defautt,Including witho�at Iimitetion the dght to exercise the powar of sale.
<br /> �� � Further,Lendera rlghts and remedles under this paragraph shall be cumutaUve w(th. and in no way a Ilmitatlon on,Lendera olghto end
<br />_ ' remedies under any assignment ot leases end rents recorded agafnst the Properry. Lendar,Trustee and the recefver shail be Ilable ro
<br /> account only for those rents ectuelly rece(ved.
<br /> •::. s"� 11.Ewnts of Dehult The(ollowing shall oonsUtute en Evant of Dafault under this Deed of'Prust:
<br /> ^'`°�''� �"� (a)Failure to pay any Inytaflment ot pdncipal or interesl of any other sum secured hereby when due; —
<br /> �f 6`f�,�',4. (b)A breach of or defauft under any provtsion oontainEd tn the Note,thls Desd oi Tnist,any of ihe Loan instrumenf3,or any
<br /> - othor Iten or encumbrance upon the Property;
<br /> _ �. , . ., , (c)A w�it of execution or attachment or any stmilar process shall be entered egalnst Tr�stor which shall b�come a Oen on
<br /> �,;;�>�,__._ the Property or any podion Ihereof or Interest therein;
<br /> -�_��==-�`�y (d)There shalt be filed by or agalnst trustor or 43orrower en action under any present or future federal,state or other statute,
<br /> -''�±-ss�� law or repulatbn relatlng to bankruptcy,insolvency or other relief tor dobtora;or there shall ba appointed any trustee,recelver or
<br /> '`�°'P�'�T Ilquldator of Trustor or Bortower or ol all or eny part of the Propertq,or the rente,Issues or pro�ts thereot,or Trustor or Borrower
<br />-_-=: ���''d shail make any general asslgnment tor tt�e beneflt of creditors;
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<br />_ �"�'7. (a) The sale,transier,lease,assignment, conveyance or furthsr encumbrance of all or any part of or any(nteroat in Me
<br /> -�� • Property,etther voluntarity or tnvotuntarity,wlthout the expre¢s written consent of Len�er,provlded that Trustor shali be permft-
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<br /> ted to execute e lease o!1ha Property tt�at does nat contain an option to purchase and th�tertn of�vt�ich does not oxceed one _ ..
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<br /> ��'�;,:.: year,
<br />-�'�.-�-;�-��-. (f)Abendonment of the Rnoperty;or
<br /> :w�w�-"� (g) If Trustor Is not an Individusl,the issuance,sate,transfer,assignment,conveyance or encumbrance of more than(tf a
<br /> .:";�:��- . corporation)a total of percent of its Issued and outstsnding stock,or pf a partnerehip)a total oi per- _-
<br /> _'`"'-�'�=�. � cent of partnership intereate, or(B a Iimited Iiab(I(ry company)e totai oi percent of the Iimited Ilabll(ry compa- -
<br /> �-"''�", ny interssts or voUng dghte during the pedod this Qeed of T�ust remalna a Ilen on the pr�perty. -.
<br /> �������:- � 12.Remsdies;Accskretlon llpon DeMui�In ths ovent of any Event of Dofauit Lender may,without noUce excopi as required �
<br /> - , � � . by law,declare all tndebtedness secured hereby to be due and paynbio and the same shoil thereupon become due and payabio with- �;" '
<br />_ . �� �� out any presentment,demand,protest or notice of any kind.Thoreafter Lender may: -_
<br /> - ' (a)Demand that Trustee exerciso the POWER OF SALE granted herein, nnd Trustee shuN thereafter cause Tr�stofs Inter- =_
<br /> est in the Property to be sold and the proceeds to bo distdbuted,all in the m[�r►ner provided In the Nebrask[�Truat Deeds Act; °-'
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<br /> • �� (b) Fatorcise any and all rights provided for In any of the Loan Instruments or by law upon occurtertce of any Event of ����"�
<br /> :�1 Deia�ett;and s"�'-
<br /> •� � (c)Commance an actlon to foreclose tt,is Deed of Truat as a mortgage,appoint a recelver,or speciflcalty enforce any of the
<br /> , ; I covenanis heroof.
<br /> . No remedy herefn confarred upon or reserved to Trustee or Lendar is intended to bo exclusive of t�ny othor remedy herein,In the Losn
<br /> Instruments or by lew provided or permittod,but each shall be cumulativo,shall bo f�addiGon to every other remedy given hereundor, -
<br /> � In the Loan Instruments or now or he�eafter existing at law or in equiry or by&tatute, and may be exerclsed cnncurrentiy,independenUy
<br /> �; ' ' � or suc�acfvely. �
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<br /> . .-�--�---- ----"---+ tV. •t�t����� � t t1�P��OV�t�q�p��'Y � VOYVpI pIN VVItVOt t1�P�P�P�t��t�tt0 at�Y tt14NY�VRYW P�/V����i�OW' .
<br /> cessor or substitute Trusteo.Trustoe shait not be Ilab(o to any party,Including without Ilmitgtfon Lender,Borrower,Tn�stor or nny pur-
<br /> •1 chaser of the PropeAy,for eny loss or damage unless duo to reckiess or wflitul misconduct,and shall not be required to tako any actlon
<br /> in conneCtlon with the enforcement of thls Deed of Trust unteas Indemnifled,In writinp,tor all costs,componsatlon or expensea which
<br /> _ " ! may be associated therewlth.In eddition, Trustee may become a purchaser at any sale of the Property Qudlclal or under the powor of
<br /> � sele granted heroln);postpone tho sale oi all�r any portlon ni the Property,as provided by iaw;or sell the Property as a whole,or In
<br /> - separato pancels or lote at Trustee's diacretlon.
<br /> 14.Fse�end Eacpenws.In the ovent Trustoe sells the Property by exerGse of pnwer ot eals,Trustee shail ba entitled to appty a .
<br /> - •. . • any sale proceeds Nr�t to payment of all costs and expan&es of exerclsing power of s,ale,inctud!ng ali Trustee's fees,and Londer's and .
<br /> TN6t8fl's attomey'e faes, actually Incurred to extent permitted by appllcable law.In the event Borrower or Trustor exorcises any rlght
<br /> providod by law to cure an Event of Default,Lender shall be entitled to recover irom Trustor all costs and expensos actualiy Incuned as ,
<br /> a result ot Trustor's�efault.Including without Ilmltation all'frustee's end attomey's feea,to the extent permitted by appUcab{e law.
<br /> 15, Fu4uro Advance�. Upon request of Borrower,Lender may,at Its optlon,meke additional and future acMancos and read•
<br /> - vances to BoROwer,Such advancos and readvances,with Interest thereon,shall be secured by this Oeed of Trust.At no tlme shali the �
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