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<br /> 7. �mireont Domsln.Londor la horoby nsolpncd oll compcnontlon,nwardo,dncncp��and othcr pnymcnt❑ or roliol Ihcrclnoltnr "Procoode"1' � ,
<br /> In connectlon with condomno4lon or othor 4oldnp a4 iho Property or part thorr,of,or lor convoyunco In liou of r,ondmm�oflon, Lond�u nhnil ' �. _-
<br /> teken or domufled,Londor aPsafl hnvo the optlon In Ite aolo ond abnotuta tlfscrotlnn, to opply oll eucPi procacdo, altor deductin��thorofrom F
<br /> ull coete and expenaee Incu►red by It In connection with nuch Proceede, upon eny Indabtcdnoae nocurnd horuhy ond tn aucli ordar u9 � _-
<br /> �Lender may determine,ot tu epply all such P�oceetls,ofter euch deductlone, to thd reatoretlon o} the Propeny upon euch conditlons ae f '
<br /> �Lendor msy determino. Any oppllcotlon o1 Procaode to Indebtednass ehell nat oxtond or poetpano tho dua dota of ony paymonte undor i• ;
<br /> �the Note,or cure any de}eutt thereundar or hereunder,Any unepplled fund��hell bn peld to Truetor. j
<br /> � B. Putorm�nc�by L�nd�r. Upon the occurrence o}an Evo�t o} De?eull heraunder, or If nny act le teken or lepal proceedlnp � �
<br /> �co�nrnenced which materlally a1(acts Lcndcr'c Intcrost In tho Property,Lcttdsr mny tn im��vn dlscretlon, but wUhout obllpetlon to do oo. [
<br /> ��nd wlthout notico to or dema�d upon Truator end wlthout rolsaNng Trustor lrom eny obilpatlon,do e�y ect whlah Truetor hae eflreed • __
<br /> but tells to do end mey also do eny other act It deams neceaeery to protect the eecurity heraof.Truetor ehell, immedletely upon demend
<br /> - therefor by Lendur,�uy to Lander oll coete end nxAensan Incurred end eume expended by Lander In cannactlon with the exarcise by ..
<br /> Lender of tha farego�ng riphte, topether with Intereet theroon ut the deftult reta provlded In the Note,whlch shell ba edded to the
<br /> ��••^'�� �fndebtedness secured hereby.Lendet shall not Sncur eny Ilabllity bacauce o}enythfnfl It may do or omit to do hereundnr. '" �
<br /> ^� 8. H�:�rdoua Mat�rl�is.Truator aholl kaep the Property In compllance with oll npplicable lev�s,ordinances ond roqulationa retatfnp to
<br /> , Indu�t�al higlen�a envlronmental protection(collectively roferred to herefn ae"Environmental lawe").Trustoi ahell koep the Proporty , «
<br /> free trom ell aubatence�deemed to be hazardoua or toxlc under any Envlronmontal lawe(collectively rofer►ed to herein ae"Hazerdoue »
<br /> Me;arinls').Truatot hereby warrente end reprosente to Lender thet there are no Heterdous Materlal on or under the Property.Trustor •
<br /> hereby apraos to Indemnify end hold harmloss Lender, Ita dlrectore,offlcera,employees end agente, ond any succeasora to Lender'e :},T�..
<br /> Intereat,from end eflainat any und nll cleims, demege�,lossee end Ilabliltlos ednlnA in connection with tha presenco. use, dispoaal or .�, ;.j:.u,;;,,.
<br /> tranaport of any Hazardous Materlate on,undcr,from or eboui the Property. THE FORHQOINO WARRANTIE�ANO NEPRESENTAYIONS, . ��+�+'=b`"
<br /> . , •� ;:'�'-i::�x�t`ze�°�r:._�.,
<br /> AND TRUSTOR'S OBLItiAT10NS PURSUANT TO THE FOREC301N0 INDEMNITY, SHALL SURVIVE RECONVEYANCE OF THIS DEED OF
<br /> TRUST. �����'�'�
<br /> ' .� 1 O.Aasignm�nt o1 R�nts.Truetor here6y esalpna to Lender, and ptente lender e eecurlty Interast In, all praaent,}uture and efter '°"""'"°�
<br /> 'Pf�-;F —-
<br /> ° � dsing ronte, Isauea end proiite oi the Property;provided that Truator ehe'I, untll the occurrence of en �Event ol Defaui�heraundcr,havo �}'�_,�-_ -- -
<br /> �, tho riyht to cotlect and �otain such �ente, lasues end profite ee they become due end peyebte. Upon the occurrenca of an Event oi ��.Y
<br /> • Default,Lender may, aither In person or by epent,with or without bringinp eny action or proceeding, or by e recelver eppolnted by e
<br /> ,�� court and without ragard to the edaquacy of Its security, enter upon nnd take possession of the Prope►ty,or eny pen thereof,In Ite own _-- __ _ _ Y
<br /> ,, neme or In the neme of the Truatae, end do eny ecte which it deema necesaary or deairable to praserve the v�lue,merketebiifty or --�•
<br /> rentability of tha Propeny,or uny part therdof or interest thereln,or to incroase the Incoma therefrom or proiect the eecudty hereof end, �u� � _
<br /> � �� w(th or without teklnp poasession of the Piroparty,sue for or othervvise colisct the ronta,Isauee ond profRe theroof,includinp thoae past � �,�,`.=�
<br /> �_ dua end unpaid,by notltying tenente to make payme�te to Londer. Lendor mey apply rente,Issuoa end profite,leaa coete end oxpenaea ���=
<br /> .�,_._.
<br /> of operatlon end coilactlon Including ettorneye'feea,to eny i��de6tedneas securad hereby,al l in suc h or der es Len der m a y d e t e r m i n e.T h e
<br /> , entering upon nnd taking posaossion of tha Propany, the collectlon of such ronts, isaues and profita,end the eppUcatlon thefeof ee
<br /> aforesaid,shell not cure or watve eny defaul:or notice ot deteuit herounder or invelidate eny act done In �eaponae to auch defauit or '��`'�
<br /> •� pursunnt to such notice of detautt and,notwithatandinp the continuance in possessfon of the Ropercyr or the collectlon, recelpt and �� �
<br /> � ,i'. applicatian of rente, tssuea or profite, Trueteo and Lender shell be entitled to exercise every right provided for In eny o} ths Loan
<br /> _ _ .• - - � i .� �,��..r
<br />- ��; Inatrumente or by taw upon occurronce oi ony evenc oi ueiauii, i�ii,iud{��b �.::c�t :�:::to'.%a th.,r.glt..Q !.'•-f_.__ _h��nw�s of aele. �,. -•',_,
<br /> � Further,Lender's dghte end remedl6s under this peregreph shali be cumulative w�m,and in no way o Ilmltation on,Lender'e rlphts end
<br /> • •� remedies under eny assignment of leaaeo end rents recorded egainst the Property, Lender,Truatee and the receP�er ehsil bs Ilable to _—
<br />� �'��� account only for those renta actuolly recelved. � _
<br />- 11.Ev�nt�oi D�t�uit.The foliowing shell conotltu4e en Evont of Defauit under this Deed of Truat: f
<br /> y (e)Failure to pey any insteltment of principal or Intereat of any other sum secured hereby whon due; '� � e
<br /> �� (b)A breach uf or defeult under any provisfon contained In tho Note,this Deed oi Trust,eny of the Loan Instrumenta,or any
<br />.i. ..�i�.; other IIR�or encumbrence upon the Propeny; �-.
<br /> '" '"� (c)A writ of executlon or attachment or ony simllar proaess shell be enterad against Truetor whictv eha11 hecome e Iien on the
<br /> �'�'�'.�•' �� � ' Proporty or any portlon theroof or Interoat thereln; ,,,
<br />-�"''`��'" �" (d)There shall bo flled by or epelnst Trustor or Borrower en ectian under any present or futuro f�deral,etato or othar st�tuo,law -_
<br /> or regutation releting to bankruptcy, fneolvency or othor roliof for dabtore; or thore shall be eppolntcd eny truatee, recetvsr or -
<br />�'�;,,''��,;�1° Iiqu�dator of Trustor or Borrowor or of ali or eny part ot the Property,or tAe rente,Issuea ar profits thereat,or Trustor or Bo�rower
<br />�;'"• �: .- shall make any genetal easlgnment fo�the benef(t of creditors; _
<br /> �.�---"-`' "'' (e)The aale,transfer,lease,essignmont,conveyance or fuRher encumbrance af ail or eny pert of or any intxest In the Property,
<br /> -`"'"�`�'`� ' e[ther voiunterity or involunterlly,withaut the oxpress written coneent of lender;provlded that Trustor shdl be permttted to executo ��
<br /> _�u.. �
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<br /> �,�_.�:�,�;•.. .: a lease of the Property thei doea not contein en option to purcheee end the te�m of which doea not excved one year;
<br /> ' .. =�r,,•;� 1f) Abandonment of the Proparty;or
<br />-"y^�?�%�1�2�� (g) If Truator la not an Individuel, tho Issuance, eale,transfer,asalgnrrent, wnveyanco or encumbrenco ot moro then (it a
<br />}""'��i;��:� ' corporetlon) e totel of i.o percent of Ite issued end outetanding s4ock,or(i} e partnarshtpl e tatet o} N/w percent of
<br />�c,.,...�.,� •
<br />_-_- - �- partnershlp Interesta, or e mited 1ie611ity companyl e totet of N�A po►cont of the Ilmited Ilability company ntereate or voting
<br />- '�:x���+��'. • rights during the perlod thls Deod oi Trust remains e lion on the Property.
<br /> T�`,,;��::��' , �=;� 12.R�madl�s;�lccNe�Uon Upon DH�ult.In the event of any Event of Oofoult Lender may,without notice except as requlred by lew, _ __
<br />_ �.,,,)�l;•:"::rt.,
<br />__ declare all indebtedness secured hereby to be due and peyabla and the aeme shall theroupon becomo due and peyebte without any
<br /> ,;"�'�- � - prnaentment,demund,protcst or notice of eny kind.Thereaftor Lander may:
<br /> � lal Domand thut Trustoe exercise the POWEFI OF SALE grented heraln, and Trustoe ehall thereafter cause Trustor's intereat ��s:,
<br /> �'��"1�� " ' In the Piroporry to ba sold and the proceede to be dlstributod,all In the menner provided in the Neb�aska Tmat Deeda Act; _�ft=— - _
<br /> LL;�:�l�'.'.:�:,.
<br /> ,.f���...�. • Ibl Exerclea eny end nil dghte provided for In any of the Loan Inetrumante or by law upon occurrence of eny Event o� E�91�IIpJi�i�;. _
<br /> '�`� " DeFeult;and -
<br /> �•-.-,,(a.... .' ���` •
<br /> ,, . - (a)Commence an action to forecloae this Deod of Trust es a mortgapo, eppoint e receivor,or spaclficelly enio�ce eny of the __ �_��:"
<br /> , ..,� �avnnnnte haroot. °�` ° �
<br /> iVo remody horeln conferred upon or reserved to Trusteo or Lendor la intended to be exclusive of any ather remedy herein,in tho Loen �,,�` ,�,�_,..
<br /> Instrumenta or by tuw provlded or permittod,6ut each shelt be cumu!etivo, shall ba in edditfon to avery othar rnmedy glven heroundar,fn �+- � ,�:=
<br /> � tha Loan Instrumonts or now or hereaftor existing at law or In equlry or by stntute,and mey�e exercised eancurrentiy,indopondentty o� c �x -,.+k•
<br />_ � successively. '`-`•`' � f�
<br /> . � . 7 3.Trustae.The Trustoe moy reslgn at uny timo without cause,end Lendor mey at any time ond without ceuso eppoint n successor
<br /> ' or eubstitute Trustee.Truateo shoil not bo Ileble to eny porty,includinp wfthout Iimitetlon Londer,Borcower,Truator or any purchaser of ����: ti .�;�i`��
<br /> � the Property, for any loss or damago unlass due to racklass or wllttut mlaconduct, and shall not be requlred to take ony ectton itt '•��'�'v,7{`,'�� �
<br /> "'-���, , � connectlon with the enforcnmont of thla Deed ot Truet unless Indemniflad, In wtiting,for all coste,compe�esetlon or e:cpenses which may ; : �^:�r;,; .
<br /> be a�soclated therewith. In addition,7ruatee rnay hecomo a purchaser et any salo ot the Property (judicial or under the powar of sele '���
<br /> �i. .. • ..
<br /> �.__ , ._ grantod herein);postpone the aete of all or eny portion oi tho Proporty,es providad by law;or seli the Prop�rry as e whole,or in soparete ' "
<br /> ° -�-,--
<br /> -'-- _- '_
<br /> perCeis or Ioto ot Truateo's tllacrotlon. ` �
<br /> 14.Feoa and Er.penses.In tho nvont Trueteo eoils tho Proporty by oxerclso ot powor of ssle,Trueteo ehall be ontitled to apply any sole .
<br />-. procoada firet to payment of oll costs nnd expenses of oxorclsing power of ealo,Including all Trustoo's fofla,and Londor'�end Tr4stao's
<br /> attornoy's toos,ectually incurred to eMent permlttod by applicabla law.ln tho ovont Horrowor or Truator oxerctsea nny rlght providod by ,
<br /> law to cure en Evont of Dafault, lsnder shall bo entitlad to rocovor from Truetor ell coats ond exRenses actualiy incurrod as a result of
<br />� • Trustor's dofoult,inctuding without limitatlon ell Trustee's and attornay's feos,to thn oxtonY pormftteed by eppllaoble law.
<br /> 16.Futun Advencsa.Upon requost of Borrowor,Londer may,at fte optlon,mnko additional nnd future edvunces and roadvencas to
<br /> Borrowor. Such advances end roadvancas,wtth intorost tharaon,shnll be eocured by this Doed uf l'ruet. At no timo shail tho principnl "'
<br /> -� amount of tho indebtodnnss sacurod by thla Doad of Trust,not includinp aums ndvenced to protoct tho sacurity of this Deed of Truat,
<br />- oxcoed tho originnl prinClpol Umount statod herQin,or 8 sas ooq.qD ,whlchovor i3 groatar. ;'
<br /> ��� � - � NOC3CG70 INOUp�icullurcl DEedl ROv.0l96 �� �
<br /> - 188(!Natlonel�nnk of Commcrea Trmt ond Sovinpf Aesaiellon,Unculn,NeGOakn -
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