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<br /> 9. Haxardous A,tateitel�.Trusicr shall keep the Property in c�mpliance with ali appticable laws.ordinar►ces and reQutations '�+,•��,� .
<br /> relaUng to IndusUial hygtene or ernironmental protecUon(coRecdvety referred to herei�as"Environmental Lawa'�.Trustor ehall , . �—
<br /> kesp ti�e Property hea honi ali su0stanees deemed to be haaardous or toxia under any Er►vironmental La�ls(eollective{y reterred to . r,�
<br /> " herein as"FlamrGoua PtiAaterials'1.Trustot heroby�+arrants end represents to Lender that there are Ro Hazardous Meterl�ls on Or • . , ._ _
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<br />' under the PropeRy.Trustar hereby agrees tc indamnify and hotd harmtess l.ender,its diractora,offtcers.employeas artd agants,t�std _
<br /> any succes&ora to Lenslars interest trom and againsE eny and all claima damagas,lossPs and IiaOUtfes arising in cannectton with . �
<br /> � the pressnce,u�e,dlsposal or vensport of any Hazardous f�laterials on,under,from or ebor�4 tne ProAertY•T�E�R�OINii . . ,,� .� � j;,,�
<br /> yyqRRANTiES AND REPFtESENTAYIONS.A1V0 TRUSYOR'S OBU(3ATIONS PURSUAPIT TO THE FOREGOtI�2Q INOENfNITY,SHAIL s s,r
<br /> SUAVNE RECONVEYANCf OF THIS DEED OF TRUSL , :. " '
<br /> 10.Aaatpnmont a1 Renta.Trustor hereby assigns to Lender ths rents,issues and pretib of Me P�aperty.provitted that Trusior _ , . ���
<br /> - sfiall,until the occurrence of an E+rent af Oetautt hereunder,hava tha rlght to coUect and retain such rerns.issues and protits as they _
<br /> become due and payah;e.Upon the occurr4nce ot an Event of Defaul�Lender may.either in pereor+or by agenL with or withou2 , . . .
<br /> bringing any actian or procesding,or by a rece'sver appointed by a court and without regard to the aatequaCy ot its security ertter - �: '• _
<br /> upan and taka possesstan of the ProAerty,or any part thereof,in its o�vn name or in t4►e name ot the Trustee,and do any acts whtch�t •�.V, .' � :.,..
<br /> deems necessary or desirebte to preserve thevalus,rriarkeffibi�it�l or rentability of the Property,or any paRthereot or Interesttheretn, �;.?.� .;, ._
<br />• � increase th�incoma 4Pieratram ar protect tP►e security hereof and�nrlth or»ithout ffikirtg possesston oT the PropeRyt.sue tar or _ • ,. ,,
<br /> otherwise coltect tho ce.+its.issuss and profits theceof,including those past due and un�aid,and apA�Y�►e sarne.less eosb�nd .. _:.`, ��, : ; .: r
<br /> r� expen�of o�Feratie:�a.zd coltecUon inGudtng ati�meys'teas,upon any indcbtedness seaured hereby,aIl in such order as Lendar ; ,.;.�,� -,��,•�;�
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<br /> may detaPrnine_The enYSnng upo�and taking possession of the Property.the collection ot such renta.issues and proTits artd tfte .;�:,:-_�. ___P:
<br /> appiicato�thereot as atoresaid,shalt not cure or waive any detaut;cr notice of defauli hereunder or invalidate any act dane in ;•-:��- e�- „
<br /> � �"�- r e s p o n s e t o s u cA d��u1t or pursuant to such notice ot defaultand.rta4withstanding the continuance in possession oilhe Property or _�f{R•�r��.,,,.;:r.,�=
<br /> the collec6an,rece�t��.�+d application of rents,issues or profits,and Trustee and lender s ha l l be en ti U e d t o e z e r c i s e e v e ry r i�h t ^; .��5 i
<br /> •�'`• provIdedtorinanyQf�TMnLoanOocumentsorbyla�vuponaxurrenceofanyEventof0efauft,inctudingwithoutiimitaUontherightto .' ,,.��`..�.:_ -
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<br /> exercise the power of sala Further,Lender's rights and remedies urtder this paragraph shalt be cumulaUve with,and in no way e Si;,�,��..,��
<br /> Iimita4Ianan.Lende�'s�ightsandr�sdissunderanyassignmentofleasesandrentsrecordedagalnsttheProperty-Lender,Trustee {.�c;,, —
<br /> and tE�a rc�2+ver sha11 be Gabte to aocount only those�ents actualty Peceived. :�:� ,y --
<br /> 1 t.�ronb af eehutt The fo!!owing shail coasKltute an Event ot Deisult under this�eed ot Trust • , � --
<br /> (s) Fallurc�t+s pay any instaltment of pd�cipal or interest ot any other sum seeured hereby when due; ` "� , :��`s�•
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<br /> {b) Abre�`�ofordefaultunderanyprovisioncontainedinthe{dote,th+sD¢edofTn�st.enyoftheLoanQocuments,arany •",.M1U=,�.:w:��
<br />' other lien or encurt:�!^ance u0on the ProperlY: � `�"�'��
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<br /> � (c)A writ of execution or attachment or any slmilar proce.s shalt be entered againstTrustor wbich shall become a Ife�on : : . . .•
<br /> " the Proparty or any poRton thereof or intorest xherein• ' 'r4`�`
<br /> (d�The�e shall be filed by or against Trustor or Borroa.�r an,s�on under any present or tuture fedsral,stata or other �� '�'
<br /> • sffitute,law or regulaUon reladng to bankruptcy.(r►soivency cr athe?reltef tor debtor�or there shell ba appointed any trustee. `��-.�,--�.,,,�
<br /> receiver or Itquidator of Trustor or Borrower or of all or any part of the PropeRy,or the rents,issuas or prafits thereoL or Trustot � ��"'�.:="`.
<br /> or Borrovrer shalt make any genaral assignmerd for the ban�t of creditors: -
<br /> e The salg,transfor,lease,assi9nment conveyance ar further encusnbrance ot all or any paR of or any interest in the _ .�.:���";;`���
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<br /> I?�x�cs�ty,either voluntarity or involuntarily,without the express w�itten consent oi Lender,provfded that TrosWr shall De ' �,�•�.
<br /> � ��ad to execute a tease of d�e Property that does not ca,f��an aption to purchs�eartdthe tenn of whlch daes natoxceed " . �-_ �,
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<br /> ` ;.�Aband3nmant o4 the Property:or a�
<br /> . , f,�) It Trustor is not an individual,tPie issuance,sale.4ran3`�=r,ass+grtir.�-r_canveyance or encumbrance of more than a total '`'s��.�,.�,�
<br /> cy;,,--perCent of(it a corporaUon)Its issued and c�i:a:anding stock or(it a partnership)a total of percent of ,:,�, =�� '• +�
<br /> �ership interests during ths pertod ihls 08ad ot Tn:::t-r�atns a 8en on the PropeRy. tice exce tae re uired by
<br /> ' 1�. g�m�d1�Ayaeltratton Upon Oetauit Irt the event of ar.y Event of Oefault Lender may,wlthout no p 4
<br /> law,declare all Indebtedness secured hereby to ba due and payabte and the same shall thereupon become due and payabte � �-: _
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<br /> ` without any presentrnent demand,protest or noIICe ot any kind.Thereafter lender maY •...;r•--��
<br /> � (a) Oemand that T►ustee exercise t�e POWER OF SALE granted hereln,and Trostee ahall thereaftes causa Truatora _:�j:.:•
<br /> �. , �r�rest in the Property to be s�1d and the proceeds to be distributed,all in the manner r-ovided in the Nebraska Truat Deeds ___ __ _ _
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<br /> (b) Exerciseanyandallrightsprovldedforinanyofthel.oan0acumentsorbylawu��occurrenceofanyEvBntofOetaul� -.-
<br /> , and ...�� - � ' -- ___.
<br /> (c) Comm3nCe an acilon to tOreclose this Oeed of Trust as a mortgage,appoint a recelver,or speciflcally enforce any of the �:�.„;_
<br /> covenants hereof. — ---�-�`� -
<br /> No remedy hereln conterred upon or reserved to Trustee or Lendar is intended to be exclusive of any other remedy hereln,in tJ�� _,. ,��_ __:
<br /> • Loan Qocumenta or by law provided or pem►itted,but each Shall be cumulative,shall be ice addliion to every other renrad�pj�c� �, �__
<br /> hereunder,in the Loan Documents or now or hereafterexisting at law or in equity or by statu�.and may beexercised c�m�srrle�'�;�, _- __ -- _
<br /> independenUy or success[vely. ����
<br /> 13. Tnutee.The Trustee may resign at any Ume without cause,and Lender may at any Ume and wlthout cause appoir�t Q x.�
<br /> successororsubstltuteTrustee.Trusteeshallnot�0abtetoanyparly.IncludingwithoutlimltationLender.(�..orrower,7ruffiororeny :.'�•,,�,;;,;r'_�,�.
<br /> • purchaser o1 ttte Property.for any loss or damage unless due to reckless or wltltut misconduc�and shali r.cx be required totake any ,,�,y
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<br /> actton in connectlon w(th the entorcement of this Deed of Trust unless lndemnlfied, in�ziting,tor all costs. compensatlon or �y,.,;,�-.�_�,_:-
<br /> expc-ttses which may be assoclated therewith.�n addition,Trustee may become a purcha:er at any salo of the Property Qudlclal or G.��f,;;:r`"^'�°'•-�
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<br /> urtder the power c!sate granted herofn);postpone the sale o!all or any portion of the Property,as provide0 by law;or setl the -- _ _ -__
<br /> Pra�erty as a vrhalo,or in separata parcels or lob at Trustee's dlscreUOn.
<br /> 14. ��a�r4(ra-$onBaa.In the event Truatee sells the Property by exen:ise o1 power o1 sate,Yrustee shall be enUUed to apply . '�.
<br /> • . eny�1�qroceeda HrEt to payment of all costs and expenses of exercising powar ot sale,Including aU Trustee's tees,and Londe�s �T _'i=
<br /> ertd Ti*�sl9a's attorneys fees,ectually incurred to extent permitted by applicable law.tn the event Borrower or Trustor exorcises any "'`•�"`��=� '
<br /> ri�t r,�-.svided by law to cure an Evont of Oetaul�Lender sha11 be onUUad to recover irom T�stor all costa and expen�sctually , _ --,w^�
<br /> � ir,aarsd as a resutt o1 Trustor's detault,including wlthout limltation all Trustee's and aLL�mey's fees,to the extent�srmilted by �p�aly�±�+,-..-'
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<br /> ap�licabte Iaw. '
<br /> ' 15. Futur�A�tw�nce�. Upon request of Bor�ower.Lender may,at its option,make a�r3itionat arC future advances mnd re- ;�� �:�,,.
<br /> �dva�Gas to Borrower.Such advanCes and readvances,with intarest thereon,shall be secu-ztf by thia DeE*nt of Truat At no tlme shell _ ,. �„
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<br /> �e G{�'rCipal amount ot the indebtedness secured by thia Deed o}Trust not including su�^s Sdrrvh the er�s rotea t�tr e securlty ot thia ._..._ ....- - �
<br /> . . Decdo!Trust exceed the origlnal principal amount stated heretn,or$ 9 •� -•
<br /> t6. Mtse�ft�naour Provi�tons. ;���-��=
<br /> �',._ �.w..
<br /> (a) Fto�rowa�llot Ralsased.Extension of the Ume tor payment or modiflcatlon of amoNration o!the sums secured by thls .:,,�,,,,;.��� �
<br /> Ooed ot Trust granted by Lender to any successor in interest of Borrower shall not operete to release,in any manner,the tiabilityr - • • _
<br /> o}the orlginal Borrower and Bonower s successors in interest Lendor shall not be required to commence proceeding9 against • - • , ,
<br /> such successor or retuse to extend time tor payment or otherwise modity amortizaUon o1 the eums secured by thia Oeed of Trust ... . , . ,
<br /> . . by reason o1 any domands made by the o�Iginal Borrower and Borrower's successors in interest __
<br /> (b) L�efd�r'�Pow�n.Without aHecUng the Uability ot any other person liable 1or ti�e payment of any oBligaUon h�ein :?: `' � . ��
<br /> menUoned,end witnout attecting the lien or charge of this Osed o}Trust upon any podlon otthe Prqperiy not then or theretotore -'- �;
<br /> reteased as secunty tor the tull amount o!all unpaid obligatlona,Lendor may,tram Uma to Ume and without notice(i)retease any �. _,,._ - - _
<br /> person so tl8b1e.(ii)extsnd the maturity or alter any o1 the tetms ot eny such obligations,(iii)grant other inCutgences.(iv)retease ^"'* —+ . _ _
<br /> • ' or reconvey,or causo to be released or reconveyed at any tfine at Lender's optton any parcel.portion or alt o1 the PrOperry. _�`
<br /> • (�take or release any other or addiUonal security for any obligation herein mentionad,or(vi)make composiUons or other , ._ _ _ _ _
<br /> ar►engements with debiors in relaUOn thareto. ': •
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