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<br /> ' " ` �opnnedion with oondemnation or omer taking of the PropeRy or paR thereoi,'or for canveyance in Geu of condemnatioe: • ; .
<br /> •Prooeeds7 �r in and prosecuce in its own name any adion or prooeed'm9s.�n�P�� �.: L.
<br /> � � � � Lender sha4!Qe entiSad at its opti9n to oommence�aPP a in the event am►P �deductin : '` ' ��� t
<br /> � ` �` , 4 be entirtisd to mak�any oomproinise or setilemeM in oonnecdon witl�such taking or��•epP�y ap such proceeds. '
<br /> . " . �`4. - so taken ar damaged.Lender shaQ h8ve tlieit n�nn c�o wiU�s�uch Praceeds,upon any indebtedness secured hereby n such oon-� -
<br /> U� on of the PropeRlt�
<br /> • Q►e r e f r v m a l t c a s t s arrd e x p enses incurred�su c h P r o c e e d s.a ft e r s u c h d e d u c U o n s.to the resiorati one t he du s d a t e o f a n y P a Y- ..
<br /> order as LenQer may detecmine.or to aPphl�catton oi Prooeeds to indebtedness shati not ax2end or postP , '' . <
<br /> . ,. ditlons as Leader may Qetetmine.Any eDp�� tied funds shatl be paid W Tnistor• .
<br /> � � � , u me�ts under the Nota.ot aue arry defauR thereunder or heceunder.Any unapP , . .
<br /> 8.PerMtmanee by i.ender.Upon the occurrence of�s°t L�enae'►maye��own disaetian,but without obtiga onr to d So `` .° ..���;. -
<br /> . * commenoed whid�materfalty affacts LenN� a d���leasing Tnismr from arry oDhgaSon,do any act whifi Trosiar has ag
<br /> � and wIthaut rrotice to or demand uP to rotect the securitS►hereof.Trustar st�a0. immediatety uRoA -
<br /> - :.:�;--�`� bui failed to do and may atso do any othes ad it deems necess���P and sums expended by Lender in oonnection wilh the exe� __ ,
<br /> demasid ihe�etor by Lende�,pay W Lender a11 cosis and expenses rovided in the Note.which shati be added to -- .
<br /> -y -� . cise by Lender of the foregoing dghts.toSether with mterest thereon at the defae�ft rate P ,._
<br /> y' � hcable laws.ordinances and re9ulations : �, �� •
<br /> �' ' � the indebiedness secured he��1►•�nder shali not in�wBa�A��n��C�nce u+��inal�aPp y do or omit to do hereunder.
<br /> � 9. Narardous Matedals.Trustor shall kco�edion(ooltectivefy referred to herein as'F.mirQrrmental Laws7.T�ustnr shall keep ..
<br /> ��. •. • ene or em►isuemental P reTarted fo herein 'k � �. -`�y.
<br /> i retatin9 m indasMal hYg� �med to be harardous or tuxic under arry Environmentai L.aws(eoUec6vety .,e' _.,
<br /> .. , - �_ the Praperty free irom ali subsiances ��nts and represents to Lender that the[e are no Hazardous Materiafs on or under ihe r
<br /> , . . ' as'Hazardous Materiats7.Tcustnr harebY em !o ees and agents.and arry succes- . ...
<br /> - , ' p��y,T�f hereby agrees Uo indemniTy and hotd hatmtess Lend��d��d IiabiC�U'es adsing in connedion witt►the presence. . ' . _ r
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<br /> � sors to Lendets interest.from and against any and aii daims•da�g �}{E FOREGOING W��T�ES ANO _ __ _
<br /> � use.disposal or transpoR oi any Hazardaus Matedals on.under,from or about the ProPerh►•
<br /> � ' � ' ENTAT►ONS.AND TRUSTOR'S OBUCATIONS PURSUANT TD THE FOREGOING INDEMNITY, SHALL SURVIVE �` ��'-:��,�`
<br /> REPRES
<br /> . �CpNi/E1(pJ�SCE OF Tt�lIS OEED OF TRUST. s��nder.and grants Lender a securitY i�erest m.all P�n���and �=�.__
<br /> ` � 1p.Assignmettt o!Re�s.TNSmr hereby assi9n p �g,Upon Ne accurrence of an Evet►t of
<br /> � after arising resrts.issues antl protrts of the PropeRY:P►'QVided that Ttustor shall.unt31 the occarrence of an Event of Defautt heteunder. _--
<br /> ' have the dght to coilect and retain sucti rerts.issuss and profits as they becom ac�ion o�r proc�.ceeding,or by a receiver appotMed bY a " .
<br /> Qetautt.Lender may.erther in person or�f�s��°����n and tal9ce Possession°f the Property.ur anY Part�ereOf,in its own =-
<br /> -_ .. __ ::_ ��and w�twut regard to the adeQuaaf► ar desirable m C�nre the vaiue,maske�'3Y or _ +�
<br /> �t acts which it deems necessarY ��and, ` „'"
<br /> � ' � `� name or in the name of Ure Tnistee.and do anY
<br /> ' rt thereof or interest therein.cr to inaease fhe inaome therefimm ar Proted the seCUrit�/ �;,�;:-
<br /> ' . eentabilii�r of the PropertY.oF anY Pe �e for or othervuise coRect the reMs.issues and p�ofits thereof,indu�ng those past �
<br /> ' ;;�t.. with or wiilti►out ta k ing p o s s e s s i o n o f t h s P r o p e r ry l, ents to Lender.Lender may aPP t y r e n i s.i s s u e s a n d p r o f d s��ess oos�and expens- �
<br /> w �.•. .:
<br /> .� � due and unpaid.by noUfjling tenants to make paym liqtion � ; �� �='Y'
<br />�:j . . .. ��-• es of operation and coitedlon inGuding atiomon ot U�e ProPertS�.�collectIon of such rer�ts,als i es and profits.and the pP deter • :i R-':�--
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<br /> • � � mine.The entering upon and ialcin9 P°�� default or notice of defautt hereunder or[mralidate any ad done in respm�se to g�a►
<br />- � � thereof as aforesaid shatl not cure or waive any ro e or the coltection. `� :���
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<br /> ' ` deiauit or pursuant to sud�nadce of d�efaro�T���a��nder shall be entiUedito ereise every dght Provided far in any of the �-
<br /> receipt and apptiptlon of rents.lssues D �� '°'�—
<br /> 't•,:;�` a lirti�tation on.Lende�s rigt►ts and
<br /> . � . - ., Loan lnstruments or by law upon accurrence of ana�E�nth sha I�be�cumu aiUve w�tl�,and in no way�ght to exercise the Dower o9 safe. ' - _
<br /> F�rther,l.enders rights and remediea under this p 9 p Lender,Trustee and th�receive�shai�be fiable to _
<br /> �'-<. � ' remedias under any assignment oi laases and rents recorded a9sinst the Property. �-�
<br /> . :' account onry fir those rents actuairy received. ; '�'�--
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<br /> ' ' . �. . , 14.�nts ot Dotauta The�pett mert o prtncipat or int rest or any othor suum secura0 he by when Que; . . -_-
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<br /> (a)Fai►ure w paY Y . `
<br /> , .:�....._.� .. . ._...., .��:. rovisian contained in the Note.�his Oeed ot Trust.eny o1 the Loan instcuments.or a , _.
<br /> . (b)A breact�of or Q�lault under any p �._
<br /> other Iten or encumbrance upon Ma PropeAy; ..; �,���
<br /> t,., � ; (c)A vJrit ot execuUon ar attachment or any similar process shall be e"te�ed a9ainst TNStoi wt��ch shali become a en on �! '
<br /> ' the prop�eRy or any poNon thereo4 or interest theretn; � •r�•-
<br /> (d)Thete shai{be fited by or against Trustor or Borrower an aGion under any present or futu�e tedera�.state or othar statute.
<br /> 1 Bn W bankruptcy.�nsoivgney or other relief tor debtore:or there�o��brofits thereof ao Tnistor ot Bojtrowe► � � �
<br /> � • tawor regutatlon re a 8 R ot the PropeAy.or the rents.iss P _
<br /> . � �• "- tiquidator o1 Trustor or Borrower or ot ail or any pa •` � :��
<br /> :' ,: . shail make any general assig�menttor the benefit ot cred'rtors: --
<br /> " ` �" (e)The sa�e,transfer.tease. assignmenL out the e D ess written consen oi Lender.ProvideQ that Trustor shall be permd- ; .�
<br /> . ;. • ,, �
<br /> ? • Pmperry,either vafuntaritY or invotuntarity,with ,
<br /> � "• ^" "- ��• ted to execute a feasa ot the ProP$dY th�t d°eg"°t�°nffiin an oD�a���P����e and the tertn ot vmich does not excee0 one .�,�
<br /> r'� , : � �Abandonment ot the Property:or .�„ .' �. �
<br /> � ' � )Ii Yrustor is rtot an individual,the issuance.sale.trad oe��d9ng ��o��a p�e�p)a��1 o m��an�a i .
<br /> • �' corppratlon)a Wtaf oi�_�.De�nt°t ita IssueC an percent oi the timited ilabiliry compa• ; •
<br /> certt of partnership Inte[ests,or(N a limited liabilRy company)a total ot
<br /> � ny interests or wting�i9hts dudng the pedod this Deed oi Trust remains a lien on the propeny . ,
<br /> � 12.Remedles;Accoteretton U�on CefautL In the evnn�t of anbte and the same shalldthereupon become e a dDpayab�with- . .
<br /> '•` � • ' by law.Qedare ail indebtedness o���no��o any kind."rhereafter Lender may. � ,
<br /> � • � out any presentment,demand,p .
<br /> . , �9��Pro e�ato be so d and the proceeds b�o b distrlbuted,a8 n the imanner prov deAhn�We�tebrask�T st ee0s A�f .
<br /> . est in the 0 rtY ,..
<br /> ". ��. (b)Exercise any and aU rights provided ior In any of the Wan InsUuments or by law upon occu�' entorce any ot the ��
<br /> ' . � Oefaulr and e a int a receWer,or spea �l
<br /> � (c)Commence an action to toreclose this Oeed ot Trust as a mortgag . PPo :
<br /> covenants hereaT• ��n hereunder. �
<br /> � '� , • , No remedy heroln cunterted upon or resenred to Trusteh��be�c�umu aUve.shall been addiUon to every othe r medy9 ��i�����an
<br /> � l InsWments or by law proviQed or pem►itted.but each
<br /> . , in the Loan InsWments or now or hereafter exisUng at law or In e�uity or by statute,and may be exercised cancu�u e an poirri a sua •
<br /> � • } or succesivety.
<br /> � 13.Tmstee.The TruS2ee(n�►resigi�et any Ume without cause,and Lender may at any Ume and without
<br /> . cessor or substltute T►uatee•71os or damage unle�sa�due to i cklesslor�wllHui miscondacK,and shal not be requred to9teke any acption '
<br /> • � chaser of the Properly.tor any et ot
<br /> udiGal or under the pow
<br /> � in connection with the enforcement oi this Oeede a�beco e a purcfi se�r�at any sate oi the proper�tym�pB�gaUon or expe�ses which
<br /> � : • .j may be assoaated Uerewith.In addiUon,Truste o���of the PropeRy,as provided by taw;or sell the ProPeRY as a whote,or tn
<br /> . .. � sate granted herein);postpone the sale o1 atl or any p
<br /> . . , separate parce�s or tots at Trustee's discretion. exercise of power ui sale,Trustee shaU be entitled to appiy
<br />, ;;•. ' . � 14.Fees and F�cponses.In the event Tmstee setts the Property by
<br /> an y sale proceeds firs!to payment ot ail costs and exp e�itt d b y appUc9abte ta8uur��n the evant BoR�ower o TNStor e��encu,r ed a .
<br /> � Tnistee's attomey's`.ees, actuaity incurred to extent p p�p�e lav�. . .
<br /> � � a e ult oi Ttustot'detault,EincluCir.g w hout m taUon all Tru te'tees and att mey'ees.to�th extent p rm�tt d by app y
<br /> � 's 15. Future Advaoces.Upon request of Borcower•inte est the eon,shalpbe secu ed Yathls�eed of TunutaA�o°?me sha/the
<br /> � vances ia 9crsaxer.Such advances and readvances,with _
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