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<br />� 97oi0a3i� i - _ .. .
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<br /> . `Ptoceeds�in connsation wtth condemnstion or othar tnldng o!the Property or paR thereof,or for oonveyance in Iteu o?oondemnatlan. .'•,4,-•��.�,r'.f:; -
<br /> Lender shalf be eniitled at ita o�Uon M commence,appear in art�!prosacute in fts otivn nan;e any actlon ar proce�dinge.end eha!!aiso ,;��;r:,-:..: .,
<br />: tra entitled ta malce any oompromiso or seitlsmant tn oonr�ectbn with such taking or damage.In tho evant any portlon ot tha Propsrty 1� � ,_ ' '`';� -' �
<br /> > s�tacen ar damag�d.Lend3r shait hava t!�ap�rx►in its sda a.�d�ta di:�tk�.fo�Ri',t aU ruM proce�ls. attcr dsd�r.g •: '-:A -_�-
<br /> : thecetrom eti costs and expenses incurred by it in connaetion with sucfi Prooaeds,upon any Indabtednsss eecuresf hersby and ia�Gs�rfi ' : ,. " ''�-_-
<br /> arder as Lender may detennino,or to appry at!such Proceeds,after su�A dedu�ions.to the restora8on o!the Rroperty upon such corr : � _
<br /> - • ditrons as Lender may deterrr�lne.My applfcaUan e4 P�eds to in�a�tedn2ss shatl not eut�nd or pesipona tha due d�s ot any pay �.��:xr�-:: T;; :.,�'"_-
<br /> menis under the Note,or airo eny datauit theraunder or hereunder.My un�pplied funds ahall be patd to Yrustor.
<br /> a
<br /> 8. PePtamseeca by Lcn�ar.Upon t�e oxurrer�ce cf an Event of Deiautt hereunQer,or it eny act is taken or le�al pmoeedlrtg , ��� '�`�-
<br /> �° oommensed wt�ch matarialry afCecis Lenders inter&st in tha Propflrty,Lertder may in its ovm dfssreUon,bui+v(ihout abftga,tion to do so, . , �
<br /> and wilhout notioe to or demand u�on Tnistos arid without reteasing Tnrstor trom any obttgation,do arry at:t whicl�TnisLor has agraed '�
<br /> but faited to do and may also do arry ather act it deams nscessary to protsct the securfry hareof. YrusYor shatl,immsdlately upon � -=- - � `-
<br /> • demand thsreior by Lendsr.Ray to Lendsr afi cosis and exPenses incurred and surr►s e�endad by Lender in oanr�tL}an utth Ufe axsr- �.:'� ,�•�-.�
<br /> c�se by lender of the ta n nghis,togather with Interest thereon at the default rats provlded in tha NoSe,+�A�fch sha4!he addB�to . :�7'�� �� � :
<br /> .. � 9 �
<br /> the indebtedness secured heraby.Lender shali not incur any tishElity►because of enyU►ing it may do or omit to do het�eun�ar. �._ �;,,';•���:-._.�:.;:�g
<br />� . 9.Haretdaus Nate�ia{s.Trustor sAall keap the Property in oompUanoe vnth aU applicable Iaws,ordinances and regutat[ons .. - ,.• ...::.���
<br /> refating to indu.4trla1 hygtene or erMmnma�l protection(cottecqiv8ty referred to hareln as'Environmentai Lav�.Trtistor sha11 keep . -`_-=_'---.-T`"'''. �
<br /> � tha Property tres from ail substances deamed to be hazaNaus or tox{c under eny Envirenmsntal Lav�s(colleciively roferred to hareIn ' . � �' �-`
<br /> . " as`Hazardcus Mate�taJs�.Tnistor hero�y warrarqts and represertts to Lender that there are no Hezardous Mazertafs on or unQer t➢�e °ti:,�����;�,�,:___
<br /> PropeRy.Tniator hereby agrees to indemNfy and hold harmless Lender.its directors,offtcers.employees and agents,artd asey suoces- �T=
<br />,,' � soes to Lensters lnteres3.trom and ageinst enyr and ail ctaims.damages.lossea and IiabiliUes erising in conne�on witn the presencs. ,:�.�- .,,���L;•.
<br /> i--_-.�_„_�----
<br /> " use,disposal or transport ot arry HamNous Matertals ort,under,irom or about the Property.THE FOREt301Nt�WARRANTIES AND ;. '''
<br /> REPAESENTATIONS, AND TRUSTOA'S OBLIGATIOI�fS PURSUANT TO TME FOREGOINti IfVDEMNITY,SHALL SUHVIVE '-�����%�`��
<br /> y� �
<br /> RECOi�il�EYANCE QF THIS D�ED OF TRUST. - .
<br /> 10.�ignmenta o4 F�an4o.Tnistor harei�y assigns to lsr�der,end grants Lender a secudty interest in.ati present,fuNre and °",;�:; ._
<br /> " after arLs#ru�rents,issues and profits oi the Property;pravfded that Tn�sWr shatl,ur�tU tt►a oocurrence of an Evem ot Oelsult,heteuttdat.
<br /> hava the rf�t to oaNect and retaln such rents.lssues and praftts as they beoame due and payabia.Upon the oocurtenoe of en Eveat of ��_: -
<br /> ,,v�"_".-�R_r--.'
<br /> Default,LerEder may,elther in person or by agen�with or�vitho�bringtng atry acdon or proceeding,or by a receiver appoinied by a : - . . . ,, �;-�,•� ,:_
<br /> � �����! �� �'7„"" � D �� "'•7 IiW I :�f'•' �b:._d..[. .�. J �� .
<br /> cauR and HriUwsrt to Me a of its secu enter• aa�d take on of the Pra e or thenaof in its awn �;��r • �• -.
<br /> name or in tl�e name ot the Trus�,and do any acis which ft�aems neoessary or de�irabie to presenra the vatue.marketab8ity or ..:f�,'��� `�, ; � • �
<br /> � ,,cys .;, ,i. ,_.._
<br /> rertebility of the Proporty,or srry pait 4t�ereof or Interest ihereln,or to increase the lnoome iherehom or proiect tha securfty hersol and, � t°�°��'-
<br /> � with or wfthout tatciRg�lon ot the PropeRy.s�.+e for ar otherv�lse ootiect the renTs.issues end profits tlrereoi.ittduding those pasi � �� �.�—:-..
<br /> due and unpaid.bY natiTying tenants to make pa��rznts to Lender.Lender maY aPPh►��.issues and pro�s,less oosts and e�ens- • . ��:.;..�. • �� �: � t�,,
<br /> °.. es o!operdtlan anA cotte�Aton inctuding attomey's 4�as.to any in0ebtedness secured horeb�/,atl in such order as Lendar may deter- �" � �; .� ``� .-..i?
<br /> . mine.The entering upon artd taktng possesston oi the Pmperty.the callecGon ot sucb rents.issues and prafiLs.and the app[icaflon °`.`�f�"° �:'` , ,
<br /> therdof as aforesald shalt not cure or waIve any defauft or no�ce of defauft hereunder or imratidate any act dorse in res�sonse to sucb �. .�'�.' ;,�_
<br /> ��• deTauft or pursuaat tn such no�ce of default and,noiwithstanding the ccntfivanoe fn possessian ot the praperty or the coltectfan, ,.��• •��- �
<br /> � receipt and apg�irsR:af rersts.(ssuas or profits,Tnistee and Lender shall ba enUtled to exercise every cig4�t provided for in any of She �::�f ��
<br /> • Loan Instrumea'ts ar.G��r-v�upon axurtenoe o!eny Event ot Defautt,(nctuding witlwut limitation�e rig�t to exe�ise tt�pnrrar af sa1a. _ .�'';:��%�i"
<br />. �� FuRher.Le�ders r'�r�d remedtea under t?�;s par3graph shaA be cumutative witt�.and in no way a lim i t e t t o n on,Len�rs ri�t s and �-'�,�:.::;!,•�.
<br /> � rem�c�ar��nment¢��os and rents recorded against the Property.Lender,Trustee and the reoaiver shall 6e liah!e to •<. � � ' •'•,:
<br /> BCCOlt7iL'SS1�,/•(�'34�t.`�.a TeA18 B�ZiJB`e�1�31Y8d. ,�"'�.-,:".-..,{, , • .
<br />' ,: �9.f3�s mt'I3�`aWt The fio�bwtng shall censtitute an Event ot Detault undsr Ihis Dead ot Tnis� �` ��r;,.,;r:�`;� • - .
<br /> �a)F�u7a+t��yaY arry instaAment of pr3r�or intereat o!a�ry other sum secvred hereby when due; "�;�., _,=.
<br /> : �'b�A��r cf or detauR under a�ry prc�ision oorttalned in the Note,Y,�rs Deed o1 Trust,any af the Loan instrumertta.or arry •• +��>
<br /> o�Een or eacumbrance upon the Property: -._���:
<br /> • (c�A writ ai execution or attachment or airy simitar process shall be entered agatnat Trustor w?►id�shaU beoome a Uan on •^�i5,����-f.�:�_��^�`�'=
<br /> � t�.F�coperty or arry portion thereof Or irrterest thes�e(n: � �'�.",�.':.•, ...-;-`::
<br /> _. (�There shall be fited by or against Tnutor or Borrowor an actlon under eny present or fuhue federal.state w otf�cr stahrte, •�:.--��=
<br /> • Iaw or regutaiton tefaUng to bankruptcy,insolvertsy or other relisf far debtors;or thare sha11 be appainted erry trustee,reoe�rer�r ' ''
<br /> . , liqu:dator of Tnistor or Borrower or af ali a any part o!the Praperty,o�the reats.issue�or profits tfiereM.�r Tnistar or Bona�x� f�'�'+-
<br /> . shatl rt�akci arry geneial assignmem tor the benefit ot cre�itor� -
<br /> (e)The sate.Uansfer.teaae.assignment cameyanoe or further encvmbrance of all or any part af or arty inie[est in the ,. :,:�'<:,'-_�.r,�-�`
<br /> Pro�sdy,eiiher votuntarily or invatuntarfty,wfthout the e�ress written consent ot Lender,provWed that Tnistor sha0 be permit- ��•,�<-_�'�'`_—
<br /> . Led to ewecute a leasa af the Property that doos not oontein an opUon to Vurchase and the tertn o!wh(ch doe3 nos exceed one , .��;,
<br /> ��, �,�
<br /> (�AOartdanmortt of tha Proyerly;or
<br /> (g)If T�ustOi i9 not 8n individuel,the issuance,sale,transter,assignment,oonveyanoe or enrx,mbran�ot�rwse than(it a � ;'�•�'�
<br /> .+r•-
<br /> . corpaatbn)a total of p�rcent o114s Issued and outatanding stack,ar(if a partnelship)a toml o! por- �.�<<a.�i • •.:g..
<br /> oent al partr�ership interests,or('d a limited liabifiry comparry)a fotal o! percent ot the Qmited IiaMiity oompa- . _ . ..; �;,-;
<br /> . ny interests w votiing dghts dur(ng the pertad Ws Oeed af Tnist remai�s�Alen on the ProPe1'�Y• ��::•.:., : ,_.�• -
<br /> 12 R�rt�M:Acakratian Upon D�fautL fn the ovent of eny Ever�3 d�elsuit Lender may.withoat naUoe exoept as required ° „�-_
<br /> by law.declare all indei�tedness secured hereby to be due and payabte and the tiame shall thereupon beaome due end payabte wiih- •� .
<br /> . out arry presentmen�demand.Orotest or notice of srry:dnd.Theresfter Lender may: � � .� �`
<br /> (a)Domand that Trustoe exercise the POWFR OF SALE grented herela�.end'�Yus4ee shafl thereafter cause Tntslo�o tnSer- . , �`;�
<br /> est in fAe PropeAy to be safd�nd tl�e proceeds w be distributed.efl in the manner prov]ded in the Nebraska Trust Deeds Ac� `�~` :, '±�.��s�
<br /> ° (b)6cerdse any and at1 rtghts provide�J for In arry o!the Loan lnstcuments or by law upon ooairtence ot arry Evert of ;� ;�,�_�,a.�:�_�e.:'=�-
<br /> '_ Det�!uft;end - --- -- --j...---
<br /> ' (c)Commence an acilon to toreclose�:a Deed of Trust as a moRg�e��ppoint a r+eoeiver�or spcclik�lty eMotce atry o147te �""'�"'°°"�`•1°"""�''--:
<br /> . cavenanffi hereol. .�-.
<br /> At�ran�wiy heroin oortterred u�ex��r roserved to Trustee or l.e�d[�r Es intended to 6e exctuoive oi arry othor remedy horoin,fn the Loan -�___
<br /> .'� Ic��+riumanL�or by law provWed or Rertnitted.but each shatl�s cw�rulaUve.shall be in addttbn to evary other remedy gtvon hereur�er. .�-.-i'a�_:•': ' �..
<br /> �`'` in Grte�nan tnsU+�erits or rww or hereafter e�tlsting at taw or in et��ity or b�/�te.and may be exercised ooncurrentty.independently ���; ,__ '��;,_,.�.
<br /> . Of EtiCCBSIYBIy. �,�-�..
<br /> 13.Tru�.The Trustea ma y re s i g n at any Nmo without causo,and Londar may at any Ume snd wi0wi.v!cause appoint a suC ;•=-.�'�-`:
<br /> � �e�s�or or subsKit�tte Trust�e.Trusioe shali not b�Uable to ar��p�r,including wfithout limitetion Lender.Bortawer,Truritor or any pu� �;.:,.,i:;�;�, • • , _
<br /> ci�5r of the Property,tor any(os�or damage unfess c�o to r+��+tcss or witl(ut misoonduct,&nd shaii not bo r�3quirod to tako arry s�tlarf '�;,�cs�,±r,���;�-;� ""°_°
<br /> . in cannecUon with ihe entorcement of thls Qaed of Trust ural�s cndamnifled,in writing,for atl costs,compe�ation or expenses which ' ��•�'
<br /> � �::_�,.,a.:-
<br /> may be assodated therewitb.tn addiUon,Trustee mAy becnmo a purchesot at any saie of the PropeRy(judki�l or undar Me power o} .� .;�
<br /> � sate Qranted herein);pos�one the sale ot all or arry porilon of the Propotty,as provIdad by larr,or sefl the Pro�orry as a��hote,or in • ' .. __=
<br /> � s'A�Par�s a lots at Tttestee's discreUon. •��.•� - .
<br /> • 14.C�and Erp�nsss.In the event Trustes sells the P�opeAy by exerdse ot power o1 sala.Tn�stee sha11 bo enUUed W appry �� . �'°�'�• .•� —:
<br /> . • atry safe proceeds flrst to payment of atl oosts and o�enses of exetdsing po�xer ot sa1e.Ir�cluding ail Trusies's tees,and Lendefs an� � '� . . �`
<br /> � Trustso's at0omay/s fe2s, ac�ivatry tncur�d to oxtont permit4ed by appiicable law.In tho event Borroxer or Trustor exoreise�any right � ,. „
<br /> �. provided by law to curo an Event o1 DetauN,Lender shail be enUtled to recover from Trustor aii ooste and e�ensas ectualty irecurred as . .: ��.
<br /> e rosuft of Tnrsm�a default,includng�;rithout limitation cifl Trustea's artd at4omays faos,to the extent parmined by appL'cab`a taw. � .� .„!
<br /> __ .. 15. Fudns Advatx�s.UP�►��est of Borrowar.Lender may.at its opUon.make eddittonal and hrture advan�s and read- �_.1:___'___ •t++�7
<br /> VHIICBS 20 BOffOLYBf.S11CI1 fldYd11Ca9 BJid fBSdYdRCBS,with intarest thereon,shtill bo secured lsy this Deed of Tnist.At no tlma shati the •
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