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<br /> __.�--� �������� p r. � --_ ,�:i<._A
<br /> ' •p�tn connection snrith condemna6an or othei taking of tt��Propsrty or paR ther�of,or tor conveyance in tieu of oondamn�tton. � ` '. ����,
<br /> • Lentler st�il trs entiited at iis option to com m 8 n s e.a P D e a r i n a n d p r a s e�t g i n i t s a e v n rt a m o an y�on or prosaedngs,ant�sltall aSsa ` �
<br /> , p���is�to ma.ks any oosss�rom�or�tttement tn cenr►ectlan wiih such taking or d3rr�aga. In the event any portian o!the Pmpetty is
<br /> i a!i such proceeds. e��r dadt�kseg ��-, . :'`t;°-:,_:.- -r
<br /> .. ..� so taken or dan�aged.Len�er shall have the opUon in its sote ared ebsoluta discretion,to aAp y : f'�
<br /> �.;^
<br /> t�erehorre atl costs and expsnses incurr�d bY�!ssc�h�P�ed�e��deductions�to No res obra�oneof the Prope�uQan sucfi� ��
<br />.. oNer as Lender may detemine.or to e�Pty � ' to indebtedness sftalt not extend or pos�ana Usa dus d::s ot enY D�Y• �� --... _-- .--
<br /> diittaons as L e n d e r m a y d e t e rt n i rt e.M y a p p f I p ti o n o t P r o c e e d s },ed tunds shall be p s t d to T�s t or. `
<br /> r ments�mder the Ncte.or cure any detaailt lher�uttdsr o�hareunder-AnY unapp` . _ ,,
<br /> ' e.6�aRomu:r+se DY Len�er•Up°n the°°asrrsnce at a�+Event o4 OetauR hareurtder, ar ii any a�t Ic taken c��e8a1 P���Rg . �
<br /> cammartced wfitah matsrlsSlY aftes:is Lend9fs interest in the Froperty.L e r►dar m a y i n i t s o�,m d l s�fl�be�s`!��T�tu9�Wt�hes groed , .. ��--,°��
<br /> ' enB with�ut nnttas to or dEmand upon T�ustcr and withaut rotaasirtg Trus4or trom any oDGgaUon, y �. , • ' .
<br />-J - but tait�to do e�xl rttaY 21so do any ather act it desms nece5sa►Y to Rrotect the s�urity hareof.Tru����,�� 'c�N�tih9 eux�e� --. - ;�
<br /> --� tr1
<br /> � .�.: damand theretor by Lttnder.PaY 4o Lender all oosts and e�ensea incvned and sums exFearied by Lenda .
<br /> Lt
<br /> < ase by Lender of the tor�going�ighLs.togett�ar�inter�st thereon at the clet8ult rate previded in the Hote.wh;cn shat!ba added to .. : �
<br /> ths indebieMess seCUred hereby.Len�er&hall not inatr any Itabi!ity because o1 enyMing it ma�`orlaws.tordinanoes an�regutatians �
<br /> tn corr�l'.ance witl�all Esp� . -.. . , -
<br /> 9 H�aus ItaDetlata. Trustor shall►ceeP the PropenY . _
<br />�'.�?t: , relatin�ta ir�dust�sai hygiene or envtmnmenial protec6on(oeSteGivaiy reierred to hare3n es`Environmentai Lews').Tn�stor shaU keep • . ` '
<br />'"` the Pro�a r l y t c e e f r a m a l t s u b�a n c e s d�amed to be hazardous or to�dc under any Env�mnmantFil Laws(coliec6very refemad to here�n ...ti: �.' :
<br /> ,, .
<br /> as'Flazardcus Materials').Tnistar hereby warrants end represent9 to Lender that there are�o H a z a r d ous Ma t e r i a l s o n or under e _�,: ;. ti
<br /> properly.Trustor hereby agrees to indemnify and hold ham�fess Lendar.its ditedois.on'°e*s.emptoyees and a�MS.and any succes- - •-����--�.
<br /> � sors to Lenders interes�from asd against any an d a ll c l a fms.dama ges,losses and Iiabilities arising in connectinn with the pcesance. ._'��r ;--=__-
<br /> sal or banspoR of any Hazardous Materials on.under,trom or aDout the PropeRy.THE FOREGOINt3 WARRAN'TIES AND . : �^- �
<br /> uSe.dLSP� `.,`c i�:';° -.'., .
<br /> REPRESENTA T I O N S,A NO TRUSTOH'S OBUGATIONS PURSUAM TO THE FOREGOING IWDEMNlTY,SH/lLL SURViVE , tY-� _ .
<br /> ,... ..�.e�..-
<br />. . RE(:ONVEYANCE OF THIS DEED OF TRlJS7'- �;,��:
<br /> 10.Asd�tmtn W,s�l� ,--; �`�`_`_;
<br /> tg of Ree�ta.Trwtor hereby assigns to Lender,and granis Lere�er a seariry interest in,all pre�enl.tuture an0 �
<br /> ` after arising rents.issues and ProfRS o!the Pmperty,Pca'rided that 7nistnr shali.untii the oocurrer�e of the eoocurcerxe ot an Eve�of . - -..
<br /> have the rigM to ooitect and retain such rents,issues artd profits as they foeaoma�Qamd ��9 r by a reoehrer appointed by a • - �r .� =
<br /> - �g�,Le��t may,either in Rerson or by agent,with ar witfiout bringing a�Y on of tne PropeRy.or any part�•in� � ' � � _ � �-��
<br /> ��. oavrt and witl�out re9ard to the adequa�.Y of its securfry.enter uPon and take possesst . . ,
<br /> .f; ,� or desirable to preserve the value.marketebifiity or .. �;.=,'" . .�:
<br /> name or in the name of the Trustee. and�o any acts vAuch it deems nacesaary �,�k . .;:.
<br /> � ' rertab�'ity►of the Property,or arry part there�t ar interest thersin.or to increase the income therefran or protect the securitY tAase past �-
<br /> ��':,'� witfi or wiUtout tak:ng possessiun of the PropeRy.si►e for or othe.v�ise oollect the rents.issues a�d pmfits thereof,indudnp �'�
<br /> �. �
<br /> due and unpaid.by notityi�g tenants to make paymerts t o L e n d e r.l.e n d e r m a Y a A P h�rents.issues and profits.tsss�and expens^ �•
<br /> . es of operation and ooUection inctudin9ossesston of U�e P pertll.the coitection�of suchh�.i�ssues and�fits,and dtrie epaflca�an . '��, '.`.
<br /> . mine.The entedng upon and tatQa►9 P :
<br /> . ,�� ':
<br /> � thereo!as ataresaid shall not cusv or waive any detauit or no�ce ot detault hereunder or invaliQate anY act dnne in tesponse tfl . •�.,�� ,� ''�.
<br />�, defauit or pursuaM to such noECe of defauit and,notwilhstanding the con6nuance in possession ot 4hs praperty or the caflectlon. . ,c; �r
<br /> x�tion of�ents,issues or pmfits.Trustee and Lender shall be entiUed to exen;isse every dght Pmvided tor Wearty f 1� _ �i ;�
<br /> '. reoe;��i and aDP�� wiq�put YmEtation the right to eue�lse the po
<br /> • 1 aran I,�Struments or by!aw uQan oaairrence ot any Event of Detault,indu�ng ..:�; ,...�:
<br /> ! IF�.r.Lendefs d�ts and r�crtadic�under ths paragsapi�si�a11 be cumulative with.and in no way a lim'�tation on.Lenda�s�igMs an� ;;� .
<br /> adic
<br /> , r�.�ar�33ti�under arry assignme�6f ieases and cenis recanir�against the Property.L�nder.Trustee and the receivar stt�lf ba 1z�l,i58 to . .�yt_ .-
<br /> .. . ., t -a '� - ;�1 �-_�
<br /> : 'tt.1' SCOOUIIt0I4I�11QrU10SAt8[It48Cttt.-!1�CC-fRt1►Ed.
<br /> ;'+�%�;i�t� 11.Events of DefsulL The foltowing�7 canst'stute an Event of Detault under this Desd of Trust r- rE ''. =
<br /> .`�r��� (a)Fai(ure to paY anY i�limerit of pdncipal or interest ot any other sum se�red hereby w1►en due; .Y _
<br /> ' ' `'�'�� (b)A breach af or dEiault unQer any provision contained in the Note,this Deed of Trus�t.any of the Loan insVUmerds.or�.�y ; � �• � . -..
<br /> . . . other Iten or encumbranae uPcn the Pcoperly: � ��` �
<br /> ..�� (c)A w r i i ot exeartfen or attad�ment or any simi►ar prooess shall be entered a9ainst Trustor whict�shall b�ane a lien on - ' •-� �
<br /> . �e p�ny o�any por4ton thareof or interest lherein;
<br /> or a nst Tnistor or Bortower an actlon undar any present or tuture tederal,state or othar stawte. __ _��_".�;�.,
<br /> (�Th s r e s h a t i b e f i f e d b Y 9� t e d a n y tr u s t e e.�e c e t v e r or :_, � —
<br /> law or regutaUon relaUng to tsaniavptcy.Uisolvency or other re tie f for d e b i ors;a r i h e re s h a l l b e a p p o t n � :�a s.�:-- _
<br /> _ �...:.
<br /> . liquidator ot Tnistor or Boseower or of aU or any part ot t�.e Propen!►.oT the re^ts,issues or profita thereol.or Trustor or Bortowe� �,.—.- —
<br /> s!►ail make any gener��gnmern tor the benefit a�r a�to�s: -J� �'
<br /> � men�com�.ryance or fuAher enwmbrarece of alf or arry part ot or any bsterest in fhe °�-�g,,._
<br /> .�.�,.f�. (e)The sate.trar�.,..a�:lease.assi9n -
<br /> . Y�. propeAy,erther volurrtan'hj or invo(uny..�:ly wiihout the e�ress wri�en tconse��and the ts�o wAich dees nat exceed one r� � -- _
<br /> '�.:?,�1,• ted to exet�te a fease of tl�e PropemS tfrat does not contein an oF�n D . ���
<br /> . . ysar, -- --- • _
<br /> , . (�pbandonment o�the PropeAyr,or v.• �. :=�_'
<br /> • (g)N Trustor is rta�an indMdual,the issuanoa.sa�e.uansfer,assignmern�,oa�nv�yanoe cre�r�a t��more than f�e _ �,
<br /> .` oorporador�)a tatal o? Percent of its issued and outstandin9 stock. C P� . � _
<br /> � ' oeM ot 6a[u�rst►ip it�terests.or�ii a tim'ded liab8ity companY)a total of Re�m ot the limited Gabiliry oompa- �;i�;;,__��. �• •
<br /> -- ,���--_.,_.
<br /> : . , ny infe.r�si�cd va�r.g r'.grib dudng the period lhis Deed of Trust�emains a lien on the propeAy : ��Kr,,:� :•,.,:.
<br /> . 12.Rert�e�e+:����n Dehu1L ln tlre caeM of any Ev_rrt of O�fault Lender may.��iil►out notice exoept as�eW��ed .o'•;�-- ,_.. �
<br /> Gy�aaai.dedare alt indebte�ir�¢�ecured hereby to be dina end payabfe and the same sYsall thereupon bebome due and payabie witia '�f,:.•, . - „:.• .
<br /> out F.rry presentrnent,Qemar��,c���s►ot�o�e o��y br�.�ereaner�or,aer may: �;.,,y,: . �,: :�
<br /> ted herein.esrdl'Lrwstee sha11 thereatter cause Trusto�'s inter• .
<br /> :' �e�pgman�that Trustee exercise the POYJEFi Q�SALE gran ' ," ' _
<br /> to be distributed,�.71n the maluier�rovlded i�G*na NebrBSka Tnu1 Deeds 11c� ��{ii ir:i�; �;:.' `
<br /> � �"`�;,�; est in the Properiy to be so[d ar►d ttse[�ooeeds ' , 4��-;j`�,��`:.;.
<br /> :..�:�;t�i,';,' (b)Exercisa eny and all rig4►s�snss�ded for in any o1 the Laa-►Instruments or by Ia�w�"�oocurtence of anY EvEnl of ,. �S N 1 _
<br /> t;ti��rri�;r�,.t;';�:: —�
<br /> � . Defautt;and h•. ,''�.',�
<br /> 8111fl1C8�/01ttIB �?��;��r.�r��y��'�;r�:�.;:- _�
<br /> 4 a r e o e;v er,or s p B C+f'�ca:t y N��' �••
<br /> . (c)Commer�e zn�on to forectase t�is Qeed o�Tcust as a mortgaga.a A D a's �x(:��,�.�;a�'-S:�"
<br /> � �' �venantshereot. •� ., .���.�L;;;• ,�
<br /> � No rramedy herein Conterred c�D°n or reserved to Tru.stre xa Lende r i s i n 2 e n d e d to be exdusive o!any o2P�er remedy hstee��BsW� ��C`��';�`�:'�-+r.'`.�
<br /> .:,..,;:: I n s t r u merns or t a�law provided or pertnitied.Dut each shali ba cumuteffv�a.shall be in a�ddition to avery olher remedy gh► �. .4,; .
<br /> . -�a..,,
<br /> • in the Laan In..�tt:er�ts or now or hereaf:er existing at law or in equity or by�[e.an d may b e e x er d s e d ooncurre r�t Y,�ndep�der�tY ._ �
<br /> ' or succesivety. nt e suo� , .`. �'
<br /> 13.Trust�.The Tr►�:2e may res?gn at any time without cause.and Lender may at any time and without cause apD� • ' __-
<br /> oessar or substitute Trustee-Tnistee shaU not be liable tn elry DaAY•including withoul limitation Lender.Borrower,Tnlstor or any pur- _�-
<br /> chaser of the PropeRy.for any loss or dama9e uniess due to ceddess or wiiliul misc:onduct.and shaft not bo required t�taice arry ection ��
<br /> in connectian with the entoroemer�t o}thia Deed o1 Tmst unless indemnified.in vrriting.for all casts,com��or under�the pwre�►c � �-
<br /> � � • may be essot�ated therewith.In add'itton,Trustee may become a purchaser at arry sale o1 the PropeRy Q . '•_
<br /> . sale grantea hereln):postpone the sale ot all or eny portion of the Property.as prov�ded bY Iaw:or sell the Prop$rty as a vahole.or in -^�-�
<br /> . separffie paroeis or lo2s at Trustee's discre�on. • `
<br /> . �q,�and Eupenaed.tn the eveM Tnistee ssIIs the ProAertf►by exe�clse ot power of sa1e.trustes shau be entitied to eppty _
<br /> ar►y sffie proceeds first to payment of all cosis and expenses af exorcising power o!sate.inctuding a11 Trustee's tees.and Lendefs and , . . . -
<br />� �• Trustes's attomeys fees, aztuaBY incurred to extent petmitted by appticab:a law. In the event Borrower or Tn�scor exerase��t
<br /> . � � • pra�uided by law 4o cure an Event of Deisult,Lendsr shatl be entitted to rearrer trom Trustor all costs ar►d expenses acmallY �-_
<br /> e resutt of Trustors dotaui�inctuding without limitatian all Trustee's and attome�s fees,to the extent permit42d by appilc�ab�e�aw• -
<br /> _.�,.__,__ _ ���Q}g4��r,lcander may.at its option,make additional and 4uture advanoes end read- .
<br /> • 15.Fu6�ro As�rmi+'.o« ---- -- .
<br /> . vartces to Borrower.Such advarscas and readvartces.v�ith iMerest thareosi,sha�l be&eCUred by thts Geed at Tnist iat i�i GT:.a�.R 2!'�
<br /> � ,.
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<br /> , � .. . .. . _ . . _ . ,. .' . . .. . _ . • . . . , ,,. . . . . . . . • � . . :, , '`�
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