. . � . - . . . � ��e. c.__.._�----._�y._�_.�_.....y ; _. _j. -° -
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<br /> 170T"�� - � , �f� '� . .�.
<br /> •�^;�✓�y�`���+ '.�-n.�� A.
<br /> tl0n. ,.. �
<br /> � cUon�ith candemnatian o�other teldng at tha Property or part thereat,cr tor canvn��ca�a�ings,and shatl atso .- _ `�:
<br /> `Praceod3`)in canne ear in and prosecute in its own natne arsy actt P .� :, `:c�"..' . . ,
<br /> Lendar shali be entiaed et its opttan w cammerts�,aPA :. ;_ ::_ ; ::.Y.•..:,�;�.
<br /> be entilted ta maks er►Y compromi5e or settlement in connacUon with sach taking or damaga.in the everrt any PorKun oi the Properiy is
<br /> Len�er shall have the op�an in ifs sae and absoiute d�s�rsSon.to appty all suct�prooeeds. after dedu�tlng t.:.�.__.. _-
<br /> � ;�:--
<br /> so taicen or damaged. n an indabiedness secured hes�sby and in such . .
<br /> ° thereftom all ccsts anai expen�es Incurred by it tn oonnscNan with such Proceeds.uPo Y , , � `_
<br /> oNer as Lender may detertnine.or to eAPtY�11 such Froceeds.aiter such dedud3ons.w tha restorarion of the the dp ue�date o!siry p� _ -- . T�?_,�_1-_
<br /> �'itIOr�s as L�ndef may de��.�Y BPFL���of Pr�ests t�IndeS�teQness sYtalt not extend or postpo _ _-"y s
<br /> P� Ged tunt�shall 6e patd Ua Tn:si4r. L. . .
<br /> m enfs u�er the Ftote.or cure ar�Y defauft thareundar or hergunder.Aaiy unaAp - `'.°'�` _ —
<br /> 8.p����by L.c�ndo�Upcn fho ocWnence o 4 an E v e n t o!D e f a u l t h ereunder.or if amf a,ce is�aicen or tegal procee�ing ,� F�:¢. _��
<br /> L.c3 Lender may in its awn discra�'on,but without obiigation to da so. ....4
<br /> commenced vfitch maffiriatty attecis L e n�e ts interest in the ProQertY. ,� !f:+�<, �¢:.;� .
<br /> ' and witRout notiae to or demand upon Trustor and wiUrout seleasing T�tfre�dmthe sc�urity hessof TrustarYShaU TB m�me�Eniety upan <, t . . <.
<br />- but taited ta do an d may a l s o d o a n y o t har act it�,eems necessary P . .
<br /> demand Merefor by Lendsr.PaY to Lensfsr all cosLs and exgenses incurrsd and sums expended by L en dsr in c:o n n e c 4 i a n with tha exer- c- : ---`-- -; ._�`''--
<br /> cise by 6.ender of tt�e toregoirtg rights.taSeitta<<vtth interest thereon at tho�far:lt rate p���o��to�o h re�r�4���� "` _ � _
<br /> . . the IndebtaQness ses�ace d har�by.L e n d e r s h a il not incur any liability be�csus� ce with a!!aDP�1e{aws.a r�n a n c e s a n d r e g ulations , -. -
<br /> 9.Hazar�ous�rlsta Trt,istar s{tffii keeD the Property� •;-: R~-� .: .".�':.�:
<br /> �� Tntstor shall keep
<br /> retating to industrial hygtene or envfronmemai protection(ooUectively referred to herein ss`Environmenml Laws'}• -_ - F-�_-`-,_�-•�'
<br /> ?:.,� the Property free from ail substassces deeme�to be ha=ardaus or toxlc under any Environmental l.aws(collecDvety retemed iB herein
<br /> _..��. .
<br /> as"Hazaidaus IVlaterials7.Tastar hereby warrants and reprassnts to Lender that there are no Hazardnus MaieriaJs on ar undes the �;:�.`,..;:�:�:�.-F g.
<br /> and hald harml�ss Lertder,iLg dire�ors.offcers.emptoyees and agerrts.and anY Suc�� °.�_� ;�� :�:�;.,Fr,=
<br />�, propertl►.Ttustor hereby agrees to indemnitY �::;_��._� _
<br /> sors to Lendeos interest.o�dHa�tdo�Materials on,under,At om or ab�ou�t the Propertyr.THE FO�ECsOtNG�WARRANTIES MID _ -
<br /> use,disposal tr&nsP ��
<br /> � REPRESENTAT[ONS,AND TRUSTOFI'S OBLIGATIONS PURSUANT TO THE FOHEGOING INDEMN(TY,SHALL SURVIVE u , cT�'�_g
<br />- ; ., RECONVEYAIdCE OF THIS DEED OF TRUST. � ` _ y _- -
<br /> . 10.IIsslQnrtna�of Rents.Trustor hereby roj vided�nTnisto sh�I,unU'1 U�eroocurrence of an Event ot Defau�.h re nder, -- �
<br /> a f t er a r t s ing r e n t s.L s s u e s and pro�ts of the Propefil:P ��'"'
<br /> fe.U p o n t h e occurtetrce of an�by a �:�.f-
<br /> have the ri�Y to collect and retain such rents,issues arsd proflts as they 6e�ome due en d Pa Y a L N��-:�;�
<br /> Oefautt,Lender may.eithea in peison or by agen�with or witfiout bdnging any acction or proceeding�ur bY a re�eivUer�appoin� own `£..,;` � .,:, : . �. �•',
<br /> to ihe adequacy of it�securitY.enter upon and take possession of the Property.or any part , , F'
<br /> co+irt and+arii�out regard or desirabte to proserva the valua.marlcetabiTiY er •E'4 '�`'` �
<br /> name os in tfle name of ihe Tn�stee.end da any ads which it deems necsssery „ �-,. ,;� �="'' ., .
<br /> � . rerda6iltry of Uie Prope►ty.or any par4 thereof or interest tharetn,or to inerease the inconie therefrom or pmtect tlie induding those D ���.`5��Et�t��;�."':� �,., :.`.
<br /> wii1�or without taldng possession of the Properry.sue for or othetwise collect the rents,issues anA proftts thereof, ', �`�.�s,�� : . �.-.
<br /> n tenants to make paYmerits to Lender.Lender maY aPPty rents,issues and profits,Iess oosts and expens- t.,.�` ��, >'. . `''.`"_
<br /> due and unpatd bl►�� 9 t deLer• .�,�::rf. ;,s;`�"
<br /> F '•�— '.
<br /> � es of opera�on and coUecdon including attomey�s tees,to any indehtedness secured hereby,all in such order as Lender mey � t�{F��'F • s • ,
<br /> , •i�`,:£"�r. . 't._.;
<br /> � mine.The entering upon and taking Passession of the PropeRy.tt�a coilecUon of suc9�rer�ts issues and pto�rts.arid the aDPGca ,r!:,,r�r� ., ,
<br /> thereof es aioresald shatl not cure or vralue any detauli or notice of deTault hereunder or im�alidate anY act done tn resP°�m$� ,;;s,r4,i`+�F: :. ,, • 4
<br /> : or the ca(tecUon, LxE '5�.� �s �-
<br /> �'� detauit or pursuard to such notice of detau4t and, notwithstanding the cnn8nuance tn possessian of the property j.,`t,} , ,
<br /> receipi and appiiq�on of rents,issues or profi�,Trustee and L.ender sha11 be entiUed w exerdse every dght provtded tor in ar�y ot the �1 , 4' • ,�:,
<br />, Loan Instruments or by law upon occumance ot any Eve�t oi DetauR,indudir►g wiit►out timitatlan the dght to exerdse the Power of saaa. �
<br /> .. ;�. —
<br /> � Lende�'s dgMs and remedies undar th(s par�,T"�?h shatl be cumulative with�and in no way a Itmitation on.Lenders d9hts a� • •..;;:�,E.
<br /> FuMer. Lender.Trustee and U�e reoeivar shall be 1'�ablg to 4: :'�
<br /> remedies under any essignment of leases a�d rents r�a.'ded agalnst the Properiy. , ,�4"::�. '',
<br /> accflunt ontytorthose rents actualty received. �' ` `'� �`•s �=
<br /> , '� , =-
<br /> 19.Eva�is of Data�dl.The falt���n shalR ccrs�te an Event of De9autt under this Deed af'fr.u^t �,.r. ,�: .� :-,=-
<br /> (a)Fatiurs to pay any in.,nattinES�g cf p►irsc:r::3 cr interest oi eny oiriar sutn secured hereDy when due; �'yr���:: '-__-
<br /> � @)A bceac��of or deta�lt under any Provi�c�ntalned in the Nole.this Deed of Trust,ai►y of the Loan instr+unenfs.or arry a._ ..��,": _
<br /> other lien or encumbrance��On the ProDe�Y:
<br /> . (c)A writ of execution or attachrnent or eny similar prooass shali be entered against Trustor which sha1�become g�ien on __ ._• __
<br /> �t�, • the properry or arry perticn thereaf a�Inierest therein:
<br /> (�There sha0 be fited by or r�ainst Trustor or Borrower�c:action under any preseat Qr't,�re f�ral�s*.a��ther�st�atute� �.�'� �
<br /> .:%'�: '�• law or regu�a+lon relating to bankruptcY,fnsolven�y or othe�ra..�f for debtors:or there sF�(L:�appo --��;
<br /> liquidator of Trustor or Borrowar or of all or ar�I�"�of the Property,or the rerrts,issuas er profits thereof,or Tnistar or Bo�wrer � __._
<br /> ' • shali make any 98sieral assignment torthe benaifCc9 creditors:
<br /> . . (e�The sa1e.trensfer.4ease,assignment,ar.veyance or brther encumbranoe af a:l or arzy P�oi or etry intecest(n the ��'�'`
<br /> pr�(yat's'.e'dher valuntarity ar i�::�ct:..'nterity,w�wu�the ex��written oonsen*.of Lend��v'ovided that Tnrator shall be pertnit- �;.__-.� -
<br /> � ted ta execute a t�ase o1 the F�n1�Y that does not comain an cp8on to pu�chase and C��tarm of whicb does not e�eed o� _ ,-_;�':
<br /> . . y� ��;. :;�:�•';:,.�
<br /> . (�Abandattsrrr�stc4the PropedY:o� —
<br /> •. . (9)If Tn�sc;.s'�r�n►�z an indtvldual,the issuance.sale.transfer.asst9n�`.�,eomeyance or encumbrance of more than(if a ..__
<br /> oorparaUon)a tots;ot —Pe�nt of its issued and outstanding rcc+-�c.or(if a partnershlp)a total o! DBT � ry ; :: -
<br /> a��o! peroent ot the lim'ded Itab(liry oampa- ��,:;
<br /> .,�;�; ,�.` ceni o! partnership Interests.acl!1��Ilmited Oabiiiry compan� -._. �$-_
<br /> ny interasts or voUng dghts du.,, th�ault ni�n!of any Eve of IDefault lsnde may,without no�ce eucept�cequfred d � h° o -
<br /> o ng
<br /> ' 12.Remediss.ACCN�ratlon llpon ' - --_
<br /> . . by taw.declare all indebteQrtiess secured hereby to be due and DeYabie and the same shall thereupon bece�s1"�e and p���te wtae- P'.- ,
<br /> • o�any prespnpnent,demend.Pmtost or naUce o!any k1nd.Thereatter Lender may: �-1<;. -''
<br /> and Trustee sha11 thereaRs�cr�se 4��:�fs in�er- " •
<br /> (a)DemarA that Tnastee exercise the POWER O�SALE 9ranted hereln. .:"..,":��'_.,- . __
<br /> est in the PropeRY w be so(d an0 tAe proceeds to be dlstri6rlted.aU in the manner provlded in the Nebraska tc��A�
<br /> w y »�ir-�•` _ �
<br /> (b)Exord.�e 2ny and ail dghis proviQed tor in any ot ti1Q loan Instrument9 or D law upon occurrerco�af uitiL Gvent ot , . r:,:h,a.; .^
<br /> � OetBUlx and �;i�t.. .� . •
<br /> int a receiver,or spae�iicnity enfara���y a1 fhe
<br /> ra
<br /> (c)Comme��action to forectose 4h(s Qasd o?Trust es a mort�aag�s,aPPo . ,..� _.- __.
<br /> .. • oovenatlts ftatt34S: °.,,•:riy;4',S_.,;:.:-�
<br />"��:�•� :• . (V o r e m e d y h e re i n c a n.t►t c�d u p o n o c i u s�a n r e d to Trustee or�endcr is mC2ndad tn he exetu�tvo a1�nY ott�er rr+medy here[��in���r, '�A jr _� '
<br /> ,. ' Insbu�en�or Gy law�rovlded or pvtmitLed,but eaoh shall bs c�unulaL`ve,s h a l l b e i n a d d i t i o n t o e v e ry o t h e r r e m e d y g t v - iVy�,•r{4 a�y.,,._-- �__`_
<br />;;'.�.�:.. . . .:1.4nc't'` �.,.`�._
<br /> " In the Loan tnstrum�n�ar now or he:eatter existlng at law ar In oquity or by stetuto,and may tu�oxerclsed ooncurremty►.inda{u�n�enUy •V t`�...�' :_,
<br /> . � t.. or svocesiveiy. nt a sua �:��,�,;+�;�_�
<br /> 13.Trustee.'14�e Tnistee may resign at any Urt►e wtthout cause•and Lender may at any time and witl�out cau�e aPP� ____-- _
<br /> inciuding without limitation Lender,Borrower.Tnist�r or arry pur- �_��__j _
<br /> � oe�ar or substitute Trustee•Trustee shall not be liable to any Partyr. ,��,�,J ._
<br /> � ch�ser o!the Property.for any loss or damaAe untess due to recidess ar wiiftul miscondu�M,and shaU not be��o e�nses whict� - �?.:
<br /> in connedion wHh tha entoroement of this Doed o1 Trust unless itMemnified.in writtng,for eli costs.oom��oJ�r��r o1 u.Y � ,. �;`-�
<br /> may be associated the�r�e�w}�l ne the salUe of ell�yaPo�oi th Propertyr as p�rovidod by law;opseyt4ie ProAenY es a rfiote.ar in - = �
<br /> ' Sg{8 giSlltCd h9�AM)�W`�y.�' .._A�"�_':' . �.
<br /> separate Pa�s or lofs at Tn�stee's d'�scr�tion. ,�..;.�d�;:,��.
<br /> 14.F�an0 Expense�•��the event Tnistea selis trie Pnoperty by oxerclse o1 power o1 sale,Trustee sha11 be�en��t rs a� � $ "�.���.�.��
<br /> �y�ptoc¢sds ftrst to payment of all costs and expenses of exerdsing power o!sale,inctudtng atl Trustee s teea.
<br /> �..:+Lc�:�4:t6�1,.±,,
<br /> Ynistee's attomeys tees, actualty incurced to extent permitted bY ePDliCable law.In tho event Borrower or Trustor e•�arcises enY rtgM • •
<br /> provided by taw to cure en Encludin DewitRout IimitaUon al�l Truest e�and a omey/s tees,to the exten permitted y eDDiicab�e a�� • � �. . •
<br /> • . a resuit of Trustor'e detaut, - �`
<br /> • t5.Eu�ure A�vanse�.Upon reQuest o1 Borrovrer.Lender may.at its option.make addiUonal and future adVan�;es and cead- •r, . ;•: :.`.
<br />--�--•-�-- _ . . .
<br /> vancea to BaROwer.Such advances ano readvan�s.n+riL'►irdete�tl�ar�.z�:�'.����by this Deed of Tnu�t.At no Ume shall , . : . ,
<br /> , � R�
<br /> `_=�,�- _-
<br /> . , '�a,�:.- � _
<br /> . � - _.
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