|
S �� i c�. . . . _ . .�� _ � t{.,.,�.� ' L- �r � Y.- :,['r 1 T4..
<br /> a�e`"�'s '"<k:;:�'i:, . . .s._ ':[.,ci!;' �• •'L�:n.. :t.-s�tx:�`t�:.^,.a-'."� .s�r.,e.�.�#r���
<br /> .rS•'Y'�`Qf"'_' • ' . . __'. _ — _. .- . �'.�-r.,r:� -�-,�.�..nny:<- :.�.o .'t�,.. �'v7n' �� ..
<br /> i .r . . � , . A . a� 'S � �S?'Tr.�. F t.k''=�yy"3"
<br /> Y��7,�, t r . "5'x�+=L.�Z 3 j�?F `"��7��{4rrt �' r t£�f.i,4 _
<br /> � _ . . � ,_ , . . . . . -r�� �— i. �( �. �._a.� i �-.� i -f;
<br /> yZ(y � . . . .x, �� -,t. � . . _.. . ,�� c.� �t. ... �c3�'7c� d ?�s`J..�4.` '� ¢' _
<br /> . : • '"_'_—_2. � _'�."'___.1"---. .'_"'_'. �_._-_...__��.�. .�.. - . -;`.i:
<br /> . . J " �� .�� "c~� .
<br /> . • a . c. , . 2 `, .
<br /> � •.�`.�� '``...CC,�.
<br />` . - 7.ERiment Oomein.Lender is hereby asaigi�aU compensatio�.ewerde.damoges end other.�ente or rolief R�oreinafter'Proceada�) _` ��� _
<br /> . ' '� ` � in connection with aandemr�aYson or otfier takmg o f t ha P ropa r t y o t pa K t h a r e o f,o r t o r c o n v e Y a n c e i n G a u of condemnation.Lender shaif �:, ;' -
<br /> . ' �teken or demaged.Lender st�sll Aava the option in ita aols and ebsotuto discretion.to aPPty ell sucfi Proceeds,atter deductmg therefrom � ;'`" . `
<br /> < <� �all cosis end m�Penses incurred by ic in conreetion with suefi ProceeQs,upon eny indebtednesa seeu►ed hereby er►d in such order es t . - -
<br /> � �Lender may determme,or to eppty sil sucfi Proceede,after sl+d+deductions,to tho restoration of the PcopeRY uPo�su�'��d�und �,. ,
<br /> • �l.�der may detartnine.My appGcation of Rroarede to u+dabtedness ehali�ot oxt�+d or poatpone the due date of any paym �..`
<br /> ` �tfie Note,or arre eny defeult thereunder or hereu�der.Any unappiiod funds ehafl 6o paid to Tnastor.
<br /> .�<' ,�. 8.Pertormmiee by lender. Upon the eccurteneo of en Event ot Qafault heraundet, or if enY aet�s taken or lepal Proeeeslin9
<br /> ` , � -t commm�ced which meteriaBy affeats Lender'e mterest in tha PropeRy.Lender may in ite own discretion.but�vithout obGgation to do so. ��.:_ �
<br /> and without notiee to or d�nend upon Tnistor m�d without�eleesing Trustar ftom any obligation.do anY act whidi Trustor has agreed
<br /> �but fa�7s to do end may also do any other ect it deems necassery to protect the sacuritY hereof.Truetor shall,rtnmedietelY upon demamd ;�`�•
<br /> `� / �therefor by Lender,pay to Lender all cw�ts end exDenses ina+rtad end sums ettpended by Lender ui connection with the eocercise by ,t. �
<br /> _----z': .
<br /> ` Lender of the foregoing rights,togather�uith�+tereat thereon et the dofault rala provided in the Note,which shaU ba edded to the . , , ,
<br /> . . '� _ ._ ._
<br /> `=�` ',`�``` �=•�ndebtednes9 secureA hareby.lander sfial!not�cur eny Iiability beaause of enYthmg it may do or omit to da hereunder• _„ ..,... .. .
<br />—_---- . �;,;:� le lawo.ordinance9 and regulatios�s relatm8 to —- --` ,:_--
<br /> � 9.Heurdous Materiato.Trustor elsatl keep tha Property in ccmplience with a!!epPliaea , — . ,
<br /> `• . ' � ' � mdustriel hygisne or environmentel proteetian{collectively refertad to harein as'6►vironmentat Lewa'l.Trusto►sfiefl kaep the ProFeKll . _ _ ��,H •
<br /> • , �, ., free from aU substances deemed to be hazardous or toxic u�dar a�Y��i�o�mental Lawa lco��ectively refened to herem as`Hamrdous '
<br /> � � Matarials 1.T�ustor hereby Y+arrant� and represents to Lender that there are no Haxerdous Material on or under the Property.Tntstor
<br /> -. , hereby agrees to indemnity and hold harmtess Lender,its directore,officere, emD�oyees end agents, and any successora to L.endera
<br /> interest.from and agamst any and elf clauns,damage9,losses and liabi5ties arising in connection with tha presence,use,disposa}ur
<br /> - hm-�sport o4 any Hazardon�Materiats on,under,from or ebout the Property.TFIE.FOREGOIDS(i WARRANTtES AND REPRESENTFCf{UNS• 4.:'.Y ?.`s`'-`
<br /> ' • . : AND TRUSTOR'S OBU(iATtONS PUEiSUANT TO THE FORE(i01N(i ItJDEMNITY.SHALL SURVIVE RECONVEYANCE aF TH1S DEED OF , _ sy: ".
<br /> . • �-...; TRUST. . �
<br /> � 1p,Aesignment of Rente.Tnistor hereby esaigns to Lender,and grants Lender e sewcity intarest in,all present,tutura�d efter ��.':`
<br /> - hyinp rents,issues and profits of the Proparty;provided that Tnistor sha0,until the oacurtenea ef m+Eve^t of Default hereunder,hava ��;;-� . �—
<br /> '� � �:'-:
<br /> the rigfit to collect end retain such renta, issues m�d profits as they become due end payable.Upon the occ�rrence of en Event°t - � '
<br /> � � Default,LenQer may,eidier in person or by agent,with or without bringing eny ection or proceedrt�g,o►by e receiver appoeited by a —
<br /> ` � court and without te8ard to the adequecy of its sewrity, enter upon and teke posaeasion of tho Property,or any paR thereof.�itsown , _-_
<br /> ` � • `�, name or oi the rtame of the Trustee,and 4o eny ecte which it deems necesaery at desirable to preserva the vatue,market�TrtY or — __
<br /> rentabil'rty of the ProRerty ur enY Paft thereof or mterest therert�,or to increase the b�coma therefrom or protect tha security hereof end. • ' ,.�
<br /> vrith or without taking possession of tha Property,sue for or otharwise cotlect the rents,issuee end profita thereof,mc(uding Uwse Past ! �._-�i�__=
<br /> due and unpeid,by notifying tenent9 to make paymante to Lender. Lender may apply rents,issues end profits,lese coste end mcpenses ':__��
<br />','t .` of operation and collecUOn including attomays'fee9,to eny indebtadnesa sewred hereUy,ell in auch order aa Lsnder may determirte.The ____ " ;_-;
<br /> .``��;: entering upon end takmg possession of the P►aperh/. the co�lectiu^of auch renta,issues end profits,and the applicetion tfiereof as �!_
<br />- • aforeseid,shall not cure or waive any default or notice of detault hereunder or invelidats eny eat done in response to such defeult or
<br /> � � pursu�t to such notice of default and,notwithstanding the cantinuance in Dussosa�on of the Property or the coltection,receipt end ,�' - .-; :�:'
<br /> r . , ' . , . appfication of rents, issues or profits,Trustee and lender ehall 6a entitted to exeroise every ri0ht provided fot in enY of the Loan , - -•�1;�.:.�j.��.;�
<br /> Instruments or by taw upon ocar►ence af enY Event of Defauft,inctuding without Gmitetion tha right to exeraise tha power of sate. , �
<br /> y.•:�"`'-,
<br /> � ' � ' Further,Lendera�ghts and remedies undet this paragraph shall be cumulative with,end tn no way a limitetion on,Lender's rights and , ` s.
<br /> remedie9 under eny assig�ment of teases and rents recordad against the Property.Lender,Truateo and the receiver sfial)be Ga6te to : J���
<br /> account anly fot those rents actue�hl received. �
<br /> . � (Y '
<br /> ' f 1.Eventa of Qetault The following shalt constitute an E vent o t Oe fau ft un dar t h is O e e d o f T r u s t: .. �` '��
<br /> . ,�`��?3���
<br /> ' '� ' (a)fai(ure to pay anY insteltment of principal ar mterest ot eny othor sum secured hereby when Eue; � . ---°-
<br /> (b)A breach of or defauft under any provision contained in the Noto,thie Deed of Trust,eny oE the Loan Insttuments,or enY • �-.=�a_
<br /> ::::>;na:.r_
<br /> ' other lien or encum6rance upon tha Property: ' :;'';��•''.``�`
<br /> to)A writ of executian or attachment or any similar pracess shall be entered against Truetor which afiall becoma a lien on the �.,-�:;', „'
<br /> '�,;
<br /> � Property or any portion thereof or interest therein; __,
<br />_-:r . (d)There shal!be fHed by or against T�ustor or 8orrower an ection under any present or future federal,atate ot other statue,law , ,`;�,�`.
<br /> �'•T or reguletion relatinp to bankruptcy, insolvency o►other relief for dsbtota;o► tfiere sha11 ba eppointed any truatee, rocoivet or .
<br /> ' liquideto►of Truator o►Botrowe�or of all o�any part ot the Property,or the rente,isauea o►profite thoreof,or Truator or Bortowe► . , � .�--
<br /> ' sfiatl make any ganaral assignment for tfie 6enei'rt of credhora; ��' ''°`•`.'•��-°
<br /> � • • (e)The eale,transfer,tease,asaignment,convayance or further encumbrance of ell or any part of or any intereat in the Property, ,~,�'.,.,.•;_.:
<br /> '' • either voluntarily or irtvoluntarily,without tt►e mcpress writtan conaent of Lender,providad that Trustor ahall ba petmitted to executa ,..• ;.�.p;._
<br /> Y�s�
<br /> a tease of tha Property tfiat doe9 not contain an option to purchase and tha term of which does not exceed one year; ,
<br /> (fl Abandonment of the PropertY;or •
<br /> (g)If Trustor ia not an individual,the isauanca, sale,transiar,asaignment, conveyance or encumbrance ot more then (if a ��c
<br /> coryoration)e total of N/A percent of its isaued and outstanding stock.o�lif a paRnerehip)a total of H!A perceM of : , ___
<br /> .�i:_�,���' �
<br /> �• partnarship intetests,or a �mited liability company)a total of p/p percent ot the limited liabifity company tereste ot voting Y;:� , ..�
<br /> �''� ' rigf�ts during the petiod this Oeed of Trust remains a lien on the Property. ,.'S•-�=' : ��
<br /> 'y 12.Remedles;Aacateration Upon Defautt.In the evant of any Event ot Dafault Lender may,without notice except ae roquired by Iaw,
<br /> •�. . Qaclare all indebtednes9 secured horeby to be due and paya6te end the eame ahall thereupon becomo dua end payabla without t+ny .
<br /> presentment,demand,protest or notice of eny kind.Thereafter Lander may: ; .. ' �
<br /> � • (a)�emand that Tnrstee exercisa the POWER OF SALE grented herein, and Trustea ahafl thereaftor ceuse Trustora interest j,: ;�..; _
<br /> in the P�operty to be aold and the proeeeds to be distributed,atl in the manner provided in the Nebraske Truat Qeede Aat: ,
<br /> , : (b)Exercise any and all �ights provided for in any of the Loan Instrumente or by law upon accutronce of any Event of � ;.: .
<br /> ' Oefeult;end �
<br /> � (01 Commence an action to foreotose thie Doed of Trust es a mongago, eppoint e recelver,or opocifioalry anforce any of the
<br /> covenente hereo}. •
<br /> `' ! � • No remady herein confarred uyon or reserved to Trusteo or Lender is intonded to be exclusive of eny otho►tamady herein,in the Loan ,,
<br /> •-° ��.i Instruments or by law providad or partnitteE,but eacfi sfiatl be cumulativa,ehat!be in aadition to overy othor tomody givon horounder,in . .
<br /> • � the Loen tnstrumente ot now or hereefter existing et lew or in equity or by etatute,and may 60 oxoroisod ooncwrentty,indapondantty or
<br /> succesaiveiy.
<br /> . , •I 13.Truatoe.The Trustee mey rosign at any time without cause,anA Lender may at eny time and without causo appoint e ouccossor '
<br /> or substitute Trustee.T�ustee ahall not be liebte to eny party,including without limitation Londar,Borrowor,Truator or anV purchasee of
<br /> tho Property, for any loss or demape unlos� due to teckloss o� willful miscond�ut, end shatl not bo roquired to toka eny eotion in .
<br /> connection witA tha on}arcement of this Daod of T►ust unless indemnified,in writing,for all costa,componaction or exponsas whicA may _ .
<br /> � be associatod iherewith. In addition,Trustae may bocomo a pu�cheaer at an� cala ot the Property Ijudic�ai or undar tho power ot salo .
<br /> � granted no•einl:postpone tho sale o}atl or eny portion of tho Proporty,as prov�ded by law;or eo0 tha?roportY ee a Y+hote,or in eeperete � .-
<br /> � parcels or lots at Trustee's discretion. 1 en safe • ' �
<br /> 14.ieee and Exponaee.In tho ovent Trustee selle tha Proporty by exetciso of powe�of salo,Tru�tae sholl bo antitled to a0A V Y
<br /> . proceeds f irat to payment of all costs and exponses of exercisine powet of anle,inctuding ell Tiustao's toee,and tandor'a ond Trustao'e
<br /> attorney'e teee,ectually incuned to oxtent permiKad by applicable law.In the event Borrower or Trustor oxorciso�any rigfit providod by
<br /> taw to cure an Event ot Oofault, Lender shal) ba entitlod to tecover from Trustot oll coste end oxpensos oa'u�Ily incurrod as o resutt of
<br /> • • Trustor's dafault,including without limitation all Trustae's and attorney's}eo�,to the extont parmittod by npp blo law.
<br /> • 1S.Futu►e Aavancefl.Upon rflquest ol8otrowei,Lendor may,at its option,mako edditional and tutu�o edvancos ond roodvanca�to �
<br /> Boirowor. Such advances and raadvances,with intorost thereon,shall be sacurad by thie Daad o} T�ust. A1 no timo ehnll tho pnncipof f
<br /> , ,� ; amount of the indebtadnoss secu►ad by this Daed of Trust,not inctuding sums advancad to Orotact the eecunlY a�thio Ooed o!Trust.
<br /> � excoad tho origi�al prmcipol amount stated herein,or 9 E10 000 00 ,whichovo��s qroetae.
<br /> , I
<br />, � �
<br /> .s
<br />.. ' NBC3467B INonpucJwd Oad�Hev.8R6 i �
<br /> - t888 N�twnal Bar+kef Commerce Trugt ad Sev�A9ea�atim,l�ncaln.NeDrnU .
<br /> � �� . � .yy.i _ — «�:.�r.,:..
<br /> ..i% _....:_°'...; �-.�,.,:iii.�-._....�...�.�t=_._���_�.iZ_.._.s�_,.YiA,�:.�`�v.!`4.1:�'Co.�:3.��s_:_�:��Ilt:'�N:`z•.�s,:?�..:':3t�i'�'.4'_Lti��'!�"i"*..�::��1��Y.�!.�:3.1� �5�'htff3Yi..°...d.::�i-?1�s^•a.!:.1tti�$3"f.".�'.Ml_�l_..sY ...':'�..-�..�s':�_'i__-.
<br />
|