, . _,�
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<br /> ..._.._....
<br /> .... --- - --- ... .. - - ------�-� _.. __
<br /> _......._.
<br /> i ., ,
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<br /> 9?�, �d���t� :6
<br /> � no way a limi�mtlon on Lencler'e rights �nd ro�aedieg under any �T
<br /> ( Assignment of �,easee anc� Rents racorded againet the Property.
<br /> I Lande�, Trugtee and the receivar shall be li.able to accoun� only :
<br /> l for tP�ose rent�s aatually received.
<br /> 10. . The following ehall aon�ti�ute an
<br /> ; Event of De nu un er e Deed of Trus�s
<br /> (a) Failure to ay any ingtallment of principal _
<br /> or in�exesti or any o�her sum eeaured hereb when aue,
<br /> ; or Pa lure to pay when due �ny other indeb�edness oP .
<br /> � Horrower to Lender; �
<br /> � (b) A breach of or detault under �n provision
<br /> . i aontained in tha Note, this Deed of Trus�, any of th�
<br /> � � Loan Instruments, or any nther enaumbranae upon the . _
<br /> + per3od eontainedgthereinffect to any applicnble aure }y_� ��
<br /> 1 -
<br /> � (c) A writ of execution or at�achbtent or any •. �r�_�-�
<br /> similar proceBe shall be entered against Borro�rer ::..a��:•'�
<br /> which ghall become a lien on the Property or any ;;��.j. ��
<br /> poxtion thereof or interest therein; ..�;:---
<br /> `�`�'�'---
<br /> (d� There sha31 be filed b or against Borrawer t
<br /> an act on under any pxesent or �uture federal state � �
<br /> or other statute, law or regulation relating �o banlc- �_.
<br /> � � ruptcy, insolvency or other ralieE for debtora; or .
<br /> • thsre shall be appointecl an trustee, receiver or i,."��;�'
<br /> � liquidator of Borrower or o� all or any p�rt of the z�
<br /> ' Property, er fihe rents, iasues or prof3ts thereof, ar ; +�
<br /> � � Borrawer shall make any general assignment for the r�
<br /> = iDene=iz iai vi a3i�Gi o j "` -
<br /> -r��
<br /> (e)_ The sale transEer, assigntnent, conveyance i'
<br /> or further encum{�rance of all or any art of or any =-
<br /> � interest in the Property, ei�her voluntarily or ,� _
<br /> � involuntartly, without the expreas written consent of ��
<br /> � Lender. �
<br /> �i;�.
<br /> ; 11. Rem�edi��•�►aceler_a�ion� e u �. In the event of ��;,
<br /> any Evesnt o eYaul en Br ma , w au notice, except as .
<br /> � required by law, dec�are all indeb�edness seaured hereby �o be
<br /> � due and payable and the same shall thereupon become due and ���-" -
<br /> �, payable w3tFiout any presentment, demand, protes� or notice of any �_. ,�
<br /> " � kind. Thereafter, Lender may: ��• :�•.
<br /> t, (a) Demand that Trustee axercise the POWER OF Q-�,�„�:�,
<br /> � SAI,E granted herein and Truatee shall thereafter e`u.�r�-
<br /> �: causo Borrower's in�erea in the Property to b� sold E__��
<br /> and �he proceeds to bo d�stributed all 3n th�e manner f�:„,._,� .__
<br /> prov3ded in the Nsbraeka Trust Deeds Act; "°_'°`��
<br /> 1f (b Exercise any and all rights provided for in '�''�����r:tr_
<br /> � any o� the Loan Instrumenta or by 3aw upon ocaurrence �%.�^--�-_ �,T--
<br /> �����.�:-
<br /> of any Event of Default; and ��'--`-,
<br /> ;�: --_
<br /> � „ � (e) Commence an action to foreclose this Dee¢ of ' `�`'''_
<br />- Trust as a mortgage, a point a receiver, or epeclf- '�� �- �,
<br /> . ` ically enfoxce any of �I�e covenants hereof. ��^�,;,�;,.,:.. ;,� ' '
<br /> .. J' -.'�',i'. .. ' 'A-::.:,t.,
<br /> � No remedy herein conferred upon or reserved to Trustee or Lender � � r�", . ...;�,,;
<br /> � is intended to be Bxcluaive of any other remedy herein in the _„
<br /> � Loan Inetiruments or by 1aw prov�decr or permitted, but each shall � � �
<br /> ;, b� atunula�ive, shall be in addition to every nthQr r�med given
<br /> �� hereunder in the Lo�sn Instruments or now or hareaEter exis�ing at
<br /> law or fn equitiy or b statute, and may be exercised con- � ,
<br /> currently, independen�ly or successively.
<br /> 12. Trust�g. The Trustee may rec�iqn at any time with- � �
<br /> out cause, and Lender may at any time and without cause appoint a
<br /> successor or substitute Trustee Tru tee shall not be liable to
<br /> - any party, inaluding, witihout l�mitat�on, Lender, Borrower nr any ,_
<br /> . purcbaser of the Praperty, �or any loss or damage unlees due to
<br />: __._._.. rec}rleas or willful misconduct, and shall not be req�`ired to aake
<br /> , - ---_._.
<br /> -,« --°----�---� ..o - -
<br /> any aCLlOII lA COIlII6CL10A WiLil bi1C esutvi.vametta. vt waao Lae�.s vi ----------
<br /> - Trust unless 3n�emnified, i.n writ�ng, for all coats, compensation
<br /> = ar expenses which may be associated therewith. In addition,
<br /> - Trustee may become a purchaser at any sal� of the Pro er�y
<br />- (-}udicial or under the p�wer of sa�e granted herein); pos�pone
<br />= tfie sale of all or any port�on of the Property, as provided by
<br />_ , law; or sell the Property a� a whole, nr in separate parcels or �
<br /> lots.
<br />- � I
<br />- � 13. Fees � s . In L•he event Trustee sells the _
<br /> - Propert�y by exere se o power of sale, Trustee shall be entitled
<br /> to apply any sale proceeda firet to payment af all coBts and
<br /> - expenses of exercis3nq power of sale, including all Trustee's
<br /> fees actu lly incurre�3. In the event Borrower exercises any
<br /> right pxov�ded by law to cure an Event of Default, Lendex� shall � ��
<br /> � P��,e 4 �(�i� 1
<br /> - �� � _
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