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<br />� °proceeCs°y in oonnBCtian with condamnation or oU►er taking of 4he Property or pa�t thereof,ar tor conveyanse in lieu of wndemnation. .:. •�•. _ , _
<br /> Lendar sh�ll tte entitis�eL i�.s cption to oommence,appear in and prose�rte 1�its otvn name any sc�lon or Rrooesdings,and shal!atso , . ,�.'�,,��<:t, ;
<br /> `� �e entiUad to make any compromise cr s9iStgment in conn a c L'on w f t h su c h t a k i n g o r d a m a g e.I n t h e e v e n t a n y p o rt i o n o i t h s P�ro�F/e.�r�[y�is �'��.'
<br /> __ J�n M M �11��rM'/� pNA��)W4YLL��V _ _ _ �_£3'�
<br /> so taken or damaged.Len�r shatl havs IIee opuuw m�is si�v mN��m+�e�.�•, ry�►%ri°�+"' . , ;=
<br /> .-` tharetmm all costs and expenses incutted by it in connection with such Prot:eeds�upon anY�'►debtedn2ss sacured hereby�nd in such . � .��4
<br /> order as Lender may determine,or to appfy a��such Proceeds.after su�h daductions,to the rostoration of the Property upon such oon- �:v�
<br /> ditions as Lender may datermine.My appt�catlan ot Proceads to indsbtedne�..s shalt rtot extend or pos�one ihe due date of any pay- �A
<br /> ments undar the lVoYe,or cure any detault thereunder ar hereunder.Any unappiied funds sha11 be paid to Tnistor. . . T
<br /> g,pettorcnance by LenQer.Upon the oocurrencs of an Event of Default hereunder,or if any ac:is taken or legai proceading , -:�
<br /> commenped whIch mate`ially aNects I.enders interes4 in t�e Proparty.Lender may in iffi ovm discretion,but without obiIgation to do so. . � �,:�
<br /> � and v�ittiout notice to or dsmand upon Trustor and witt►out releasing Trustor from any obliga�on,do any act�hich TrusLOr has agread <. �-
<br /> 6ut fai►ed to da and maY afso ds ar►y othgr act it deems nec:essary to protect the security hereot.Tn�stor shall,immediatery upon _ , .
<br />� dsmand ihetefar by Lender.DaY to Lender all costs end expenses incurred and sums expended by Lender in conneatison wit�the exer- _-
<br />. c i s e b y Len�er of the fore going rights,together with interest thereon at the daisutt rate providsd in the Piote,which shall 6e added to �3� . .
<br /> the indebtedness secured hereby.Lertder shall not incur any IIabil'dy1 because of an y t h ing i t rt:ay�do'�����nh����� .�.,},.' t'" . � ,��
<br /> 9.Hsmrttous Matorioia.T�r shaU keeP the P�o�seAyr tn oomp8anca wlth aU aDR . .
<br /> relating to indust►ial hygieae or envlronmemal protection(caltectiveiy referrr�d to herein as"Environcrssntat t8�us").Trustor shaif ksep . ... .." _
<br /> the Pro pe rt y iree trom alf substancss deamed to be haza�ious or Wx[c urtder any Environmental Laws(ceUec�veiy referred to herc�n � _ ,- �, —
<br /> as y.�am�doua Materials�.Ttustor herehy warrants ansf represerda tn I.ert der t ha t t fiera aro no H a a a c d o u s N!a t e r i a►s on or undet t7�a ., _y�r��;';: �.-
<br /> Property.Trustor hereby agrees to tndemnity and hold harmless Lender,its directa�s.officers,empiayees and a9eMs.and any sucoesr -.-._ . .�-
<br /> so�s t�Lenders interest,from and against any and eU claims,demages.losses and liabilitias�-isirsg in connection wiU►the presertce. ,, ���,,;=.,�_r?'._
<br /> use.d'ispasa!or transpoR o}any Haurdous Meterials on,urtder.ham ar about the Property.THE FOREGOING WARRANTIES AND . ..�'s�
<br /> REPRESEfJTA7lONS,AND TRllSTOR'S OBUGATtONS PURSUAPI'f TO THE FOREGO1NCa ttir.'3�'s�'�?JITY.SHALL SURVIVE � q. -^�"'
<br /> • RECONVEY/WCE OF THIS OEED OF TRUST. ;�"`��
<br /> 10.Asslgnmerns ot Etents.Tnistor hereby assigns to Lender,and grants Lender a secusity inte:esi in,all Present,future and _ . . --_—
<br /> after arising cents.issues and profits oi Me P�operly;provlded that Trustor shall.until the oxurrence of an Event af Dafauli,hetaunder, :.. ::',�___
<br /> have the dght to collect and retain such reirts,issues and profits as they became due and payable.Upon the oocurtenoa of an Evant of '', l;..•�—��_, :
<br /> �� Default,Lender meyr,e'�tltier in person or by agen�with or without bringing any acdon or proceed�ng,or by a reoehrer appointed by a �,:��
<br /> •�;� oourt and wifhout�egard to the adequacy of its sacurity,enter upon end tak9�s1on of the Propedyr.or any paR thereof,in its ar�� _ ___ R'#--�;�
<br />. -:i, na�e or in the name of the Trustee,and do any acts which it deems neo�ry or desirable to prese�a Q►e value,matkefiabifity� ;�• �', �.
<br /> %t,°, e�;�abTity oi the Property,or eny part thereof or interest therein,or to inaeasa tris incnme i►terefrom or p+¢>'r2ct U►e securitl►heteoi ar�d. �
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<br /> � r r othenvise collect the rems.issu�es and Pro."�tnsr�eaf,indudag thase past •' � � .
<br /> . ro sueto o �,'��'��� - -.
<br /> ;:� wr�a�r without taldng possess,on of the P perty. rer�.issues and�,'a;�s,less oa�s and expens- � ' � �
<br /> �e and unpaid.by notitying te�nts to maKe payments to L�r�dsr.Lender maY aAP�Y , .:'�` _
<br /> es of operation and oollection lncluding attome7�s fees,to a�y indebtedness secured hsreZy,ai1 in sc�a:a a:der as L�rf�=�maY��r ---�-�- }' _-"
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<br /> mine.The errtering upon and taldng possession o!the Properry,the collecUon ot such rents,issu�4rr�Profits.and the aPPlicai�cr' : t:,;:�•::a.-.
<br /> thereaf as aforesald shalt not cure or waive any default or notice of defautt heceunder or invalidaise a:��done iti rsspo�se m$uct► . `"�M.:.
<br /> or the callectlon, ��. �� {•�iS�`.�;'�,,,
<br /> default or pursuarR to suCh noUce of defau lt an d,rto t w i t h s�.�n d i n g t h e c o n�n u a n c e i n p��s i o n ot the pro p e rt y • : . , �,�r fi.,;�,_�,�,.,. ,�,ti
<br /> � recaipt and appllca�on of renis,issues or profrts,Tn�stee ana9�ender sha!!be en�Ued to e:��+se evary right provided for in any of the •�f,... �.,;e�• ,; ,. �:
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<br /> - Loan Instruments or by law upon occurrence of any Event of Defaul4.including without limi�2inn the dgh4 to exer�lse the poxrer ot sate. �� k x• �i. �
<br /> ,°;� Further,Lender's dghts and remedies undar th(s paragraph shall be cumutai:ve with,and in na uraY a�ir�Uon on,Lenders dghts artd ��'.�.'�,�:��;•'� ;- `
<br />, .,,I,',� Lender.Trust�e zra��tie f@Cehlef Sl12ll be Ii2�ICt t�i _ r - '(••�..�!� _
<br /> remedies under arry assignment of leases and rents resorded agalnst t�s f�ra?21Y• F;
<br /> . 'Lipjyl�%�;:,. -
<br /> acccunt only Torthose renb achiaUy recelved. . "�'�.�
<br /> 1 1.E v e n t s ot Oetau�4.The talbwtrtg Shall constitute an Event of D�:a�ti under tftis�d of Tnr� '.��. *�`,tp.,:. -`
<br /> , (a)F a l lure t o pay any i n s t e l l m e n t o t p d n c i p a l o r i n i��t o f a n y o l ri e r s u m s e c u:e�h e r e b y+n���due: ,; ;�
<br />' ,� (bj A breacb of or defauit under any provision oontained in the h��,this Deed ot Trust,airy�`•�e Loan instruments,or�°y . � �
<br /> c•, f;�•`�` -
<br /> �' o t h e r l i e n o r e n c u m b r a n c e u p o n t fi e P ro pe r ty; _�i�___
<br /> ��:-;�y;, (c)A w►it ot execuUOn or ariachment or any simnar process sn�:'s�ar�taraG ag�rK T:uwa:�"�s�.°�� �s^^m w A i i x e�+: ,- , _-
<br /> :`,�a the Property or any portian thereof or interest therein: .. ;. .. ,..:� _.__..
<br /> ; ��.
<br /> (d)There shall be filed by or against Trustor or Borrower an actton under any present or future federab state or other statut�
<br /> � law or regulatton relatlng to bantvuQicy,insolvency or other relief for debtors;or ttaa:�shall be appolnted any trustee,recelver ar ;�• c�� '-
<br /> '�` Ilqu(dator of Tn�stor or Bomowar or o1 ell or any part of the Property.or the rertts,i�ss or prof�.s thereot,or Trustor or Borta�ze�r �,.,-,;.,,,�:.
<br /> ,,.. �.�....
<br /> f:'-�• shall make any gene►a1 assi�ment tor the beneflt of credtors;
<br /> � :s�'`� � � ment,comreyance or furthar�curt�brence of eff or�.^r�y�aR of or eny interest Ect tlTr� ��ti;;�-:;,
<br /> .�•� e The saSe.Vensfer. tease,esslgn 4i;. . _�
<br /> `���` Property.either voluntadty or lnvotunterity,without the express writtan canseni a1 E.�..^�der,pro�irlad 1t►at Trustor shall be pe:ar►R- . ___ _
<br /> , ted to execute a lease of the PropeRy that does not contatn an opUon to purch��.d the tertn ot which does noi exceed one '==.��� - �
<br /> • •,�� year, �:
<br />, �r i��Wandonment otthe PropertY:or , , ,h-� '�_
<br /> (g)If Trustor Is not an in4ividual,the issuance,sa1e,transfer.�.�nment,convoyance or encumbrance of more than(�!a
<br /> ':';1� corporation)a wtal of percent of its Issued and outs't�^�ing�tock.or(if a partnershlp)a total of �'• ,�t'-"'�
<br /> ��:�:,v.-
<br /> • cent of paRnershlp Interests,or pf a Ilmtted liability company)e totat of percent of L'�e limited tiability oasm�- E.;:-- -
<br /> ��,;.� rry inter�ests or voUn�flghts dudng the pedod thls Oeed ot Tr�st remaln3 a lien o;o��property. - _ s
<br /> .,,, 12,R�m�d1�s;dcsxReretton Upon Defeutt In the event ot any Event o1 Defau:2��:der may,without notice except es requir�d .-
<br /> csx .
<br /> ,.:,�'�;'� by law,dectare a0 Irtdebtedness secured hereby to be due and payable and the same sha11 thereupon become dus and payabta�¢n'�- ,� �
<br /> '-.;;:�(;f ou1 enY Presentment,demand.Protest or notk;e o9 any klnd.Thereatter Lender may: . .
<br /> (a)pemand that Trustee exercise the POWER OF 8ALE grantad herein,and Trustse sha7 2`eriBSftt7f Cause Trustofs iss�Ix- ��•���"—'
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<br /> � est in the Properly to be sotd and the praoeeds to be distributed,a11 in the man.�,�provlded in the Nebreske Tnrst Deeds Ac'� ��"�—
<br /> ., �-,,, ,.;,.,�.
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<br /> ' � (b)Exerclse any and all rtghts provtded for In any of the Loan Instn+rra_es-s¢r by law upon oocurtence af any Event o! ��.:..
<br /> Detaul�and 7 a receiver.or s cificalty enforce any cf L.e -:,A,:�,, �'•. .•= :-.
<br /> (c)Ca��nmenoe an acUon to foreclose thls Deed o?Trust as a�e[crt�So,aRRd� � � . .-�.���'���
<br /> ;t�; cove�:«hereot. ° ' �:F,�'.
<br /> .:�;,i,�: PJ�semedy herein oonferred upon or reservod to Tnistee or Lender Is interdsdl to tra e�a::uive o?am�c�er remedy herein,in 3�¢Ir.�,� •�;��---�,,;_:
<br /> � � t-,�vments or by Iav�provlded or permitted,but each shaU be cumulaUve,shall ba irt zr`.,,�"ion to every other remedy,r.;��ven P;erarut.der. ;,;.:,:;��F�i,. '�7c:T•
<br /> � �:.•...�
<br />. E,��*a Loan Instruments or now or hereafter exlsUng at taw or In eqWry or by statute,ac�rr:ay be exercised concur�ecT'ti,y,in�G��'�Y ,,:
<br /> . .r.:
<br /> ��,"• Of SUOC@SiYAfy tit g5u�' --"••:•r,—=-�-,��,
<br /> ��.;y,;;;;i: 13.Trtastee.The Trustee may reslgn at any tlme without cause,and Lender may at any Ume and without•rmuse 2DQa: �„����,—
<br /> .,�:;,• cessor or substitute Trustee.Trustee shall not be Iiabte to�ny party.Including without IimitaUon Lender,Bonov�er,Tnistor ar any�,ur- ��
<br /> • chaser o!the Property.for any toss or damage untess due to reddess or wiiltuf mis�anduct,and shall noi be required to take any a�ction ;
<br /> in corsnecUon with the enforcement ot thls Oeed o!Trust unless indemnified,in writing,for all costs,compensaUon or expenses which . . .� �,.
<br /> may ba essoctated therewi�h.ln additlon.Trustee may become a purchaser at any sale of the Property Qudiclal or under the power of
<br /> ,� sate granted hereln);postpone the sate of ell or any poNon of th9 Property,es provlded by law.or setl the Property as a whole,or In -
<br /> � separate pErcets or tots at Trustee's dlscretlon.
<br /> " ' 14.�ees and Expenfss.�n the event Trustea selts tt�e Property by exerclse o!power of sale.T�ustee sha11 be entiUod to appty
<br /> • '` any sale proceeds firs4 to payment ot all costs and oxpenses ot exerc+sing power of sale,inGuding alt TNStee's tees,and Lenders and -
<br /> Trustee's ettome�s tees, actuatiy incurred to extent pertnit4ed by epplicable law.In the event Bortowet ar Trustor exercises any right . . —
<br /> provlded by law to cure an Event of Detault,Lender shall be en6Ued to recover irom Trustor all o�sts and exponses act�eally lncurred as =_
<br /> a result o!Trustor's default,inctuding v�ithout limitatlon all Trustee's and attomeys tees,to the extant permittad by applicabte law.
<br /> 15.Fu2uro Aduanee�.l7pan request ui Sorr,wer. Ler�:r may.�t i�ap8en.sn�.�e�i*1or�1 and hnure advanoes and read- - _-- .--_ -_, �
<br /> vancas to Borrowor.Such advances and readuar►ces.with interest theroon,shall be secured by thls Deed al Trust At no time shall the . —
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