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<br /> (a) M.capf a pormit ary propayment,dlscount or edvartco payment of rent hareunder/n excoss oi one mvnth, �7� ���Q�,p �
<br /> (b) Gancol or tC�minn(o fho samo,a accopt nny cancollatlon,torminetlor.or smrendor theroo�,or permlt nny ovent to ocCUr whfCh�vould accur
<br /> � fhproundor to tarm/nato o�cancol lho samo,othcrr than terminatlon fa nonpayment o!rent,
<br /> (c) Amond or modily tha aamo ao r�a to mducn fAo torm thoreol,thn ren1a1 peyabfe thorounde►,or fo change nrry ronowal pNVls/ons fheroln ,,.
<br /> conta/nerl,
<br /> (d) Walvo sny dofnulr thoroundor or broach tharoof, '
<br /> - (o) Olvo eny consonf,waNer or epprovaf thereunder or take uny othe�actlon!n connectlon fherewlth,or wlth a losses lhoreunde�which would hnvo
<br /> ' tho oHact ol fmpalrinp tho valuo of tho/essor's lntorost thaeundor or fhe properry sub/ect themfo,o�of Impaldng fho posltlon o/lnterest of
<br /> � BonellclBry thereln, a �
<br /> ' (f) Snll,esalgn,pledge,mortgege or othenvlse dfspose ol,or encumbar 1te lnterest ln arr�sAld lease o�eny ronts,lssues,pro!!ts Issufng or a�lsln p .
<br /> ' thoroundor.
<br /> ••,�••� '� 17. Walver ol Statute ol Umltellons.TJme Is o/the essenco In a�l ul TYustnr's obdgatlons nnd dutles herounder,end fo tha extent permltted by law Tivator
<br /> . •"' waiws all present or future statutes of Ilmltatlons wlth respect to ar�y debt,demend or obllgatlon secured hereby artd ary acNon or proceeding for
<br /> the purpose ot onforc/ng Ihls Deed of Tivat or arry ilghts or remedles confelnedherem.
<br /> ia Asslgnmont of Deposlts.In the evenf construcdon of Improvemonts!s r,ontemplete�by the loan evldencod by the Note securod hereby,us eddltfonal
<br /> secu�lty fherelor�flustor he�by�ransfors and nsslgns to Beno!lclary,all dQht tifle and inferest to any end all monfes deposltod by or on behalf o/
<br /> liustor wlth eny clry,counry,pubUc body nr agoncy,seNtary dlsblct,utlliry comps��;and any other body or agoncy, /o�the InstallaGon or to seCUre '-`"
<br /> �he Installatlon al erry utlliry by 1Fuato�pert.dnlny to Uo Tiust Properry. "�`�``"
<br /> i& Corpaatlon or Pnrtnorshlp Exlstence.1I Tiusror!s a corpomtfon,general partnership, a flmited partne�ship�R wlll t/o all thfngs nocessary ro preservo its ����-�`
<br /> capaate or psrtnershlp ex�stenco,as the case may be�and all dgAts and prlvllegas wdo�the 18ws o/the state ol!ts lncaporetlon or oiganlzepon. 's"
<br /> :�,.
<br /> f 2Q Fo�wsrance by Beneliclery Not a Walver.Ary torbsarance by Benufldaryln exercising arry dght or remedy hereundei or othenvlso aHorded by .;:'���e:L___
<br /> � appllcable law,shall not be a wafve�ol or preclude the exerclse ol any such�Ipht o�remedy.The proeurement o!Insu�ence a the payment o/texes ����x.t;-�
<br /> or the dfschargo oi Ilsns or chergas by Banoflclary shall not be a waiver of Bene�lcfary's dght to accelerete the maturlry ol tha lndebtednesa. i�=-;__ _
<br /> 21. Hemed/es Cumulative. Aliremedles provided In thls Dsed ot 7tust aro dlstlnci and cumu(etlre to any oiher►lgh►or remody under thls Deed of ilust _-
<br /> � or efforded by!aw or oquiry, and may ba exerclsod concurrentty,lndependenttyor successlvery. '.'�,_
<br /> 22.SucC9ssors And Asslgns Bound;Jo/nt and Seve�al UabHlty;Captfons. The cownants and agreements hereln contalnod shell blrtd,and the rlghta ±�..`��•
<br /> , he�eundar ahaU inure to,�ho respective successors nnd asslgns ol Beneflclary,Truatee,and 7Yustor.All covenant8 and agneemenls o/TYusto�shell �':,�'
<br /> � be/olnt and severeL The captlona and headings of the paregrapha o!thls Deed of Tiust a�e fo�convonlence onty and are not to be used to fnterpret -_;_",:.z
<br /> or doflna the provislona Aeroof.
<br /> 23l Nopca Except for erry noUce requl�qd under appllcabfe law to 6e glven(n anoNor manne�(a)arry noUce to 1Yustor piovWed for In thls Deed of Tiust � yG��=-�;
<br /> '� ahAB ba glven by malUng such notice Dy certlBed mall,return recelpt requested addrassed to Truaror st!ta malling address set fo�Kh above or et such �
<br /> .�. other address as Tiustor may deslgnaro by noNce to Benellclary as provlded hereln,and(b)any notice to Beneflclary a 1Fustee shall ba glven by �_
<br /> cenifled mall,return reco�pt requesrod,to Beneflclarys and Tiustee's melling eddress stated here/n or to such other eddress ea Bennficlary or
<br /> _ 7Yustee mey dealgnate lry notice to Tiustor as providod hereln.Any noUce prav�ded!or in thla Qeed o►Tiust shall be deemed to have been glven to
<br /> . � Austor,Benellclary or J}ustee when glven In the manner deslgnated heraln.
<br /> � �` 24, parernlnfl Law;Severeblliry. fils Ueed o/Tiust shall be govemed by the laws d the 5tete ot Nebraslra.In the event any provlsfon or clause ol thla ---
<br /> nnavi n�7iust conlllcta wiU►apvllceble law,such con(IICt shaq not aHect other provlslons oi thls Deed o/Trust whfch can te glven eBect wlthout the
<br /> � confflcNng provislona and to M!s end the provlslons ot thls Deed ot Tiust are decl�z�ed to be severable.
<br /> • 26. Eventa of Default.Each o!the foAowlnp occurrences ahall constltute an event d delault hereunde�(herelnaRer colted an°Event oi DetaulY): �� -
<br /> � (e) Tiustor ahalf lall to psy when due arry�prlrtclpal,lnterest,or princlpal end IMerest on the lndebt�dnoss,
<br />,,, 51 (b/Any warranry of title made by Tiustor hereln ahall be untrue,
<br /> (o) 1luato�ahell lall to obsenre or pedorm erry o/the covenants,agreements,a condltlona In thls Deed o�1Yust
<br /> , � (d)Arry represantatlon or warranly made by Trusto►on erry flnanclel staremenis o�reports submlttod to Bene!lclary by or on beha8 of Trustor Shnll
<br />-_, a�; prove false o�matadaly misfeading,
<br /> �,, (e) Tivato�shall lell to peAo�m or observe any of the covenants,condltlons or agreements contained/n,a binding upon 7lvator under eny bullding
<br /> ben epreement,securfty agreoment foan agroement,financing stetemont o�ony othor agreement,lnstrumant or document executed by 7rustor
<br /> .° ~ ' !n connecUon with Nre loan evldencod by the Nore,
<br /> •� (� A Wstees receh+er a Uquldetor d Ihe Tiust Properry or d Tiustor shall be eppolnted,or arry o/the creditors ol TrusMr shull lila a pedUon!n
<br />�u� �. , banlcruptcy agolnst Trusto�or for the reorganlzatlon ot Tiusror pursuant to No Faderal 8ankruptcy Code�or any sfmlla�lax;whethor fodoral or sfate,
<br />�..,�. _ .
<br /> -�•1•�w�. end H auCh ador w peUtbn sha/l not be dlscharged or dlsmlased wllhln 1/dAy(30)days atter the de28 on whkh such order or petitlon we8 iled,
<br />�: ,'x_`�� (g) Tluator ahell plA A pefldon pu�suant to the Fedetel Benbupicy Code or sny almllar law,lederal or stato,or!I Iiust+or ahall be ad/udged a
<br />- � • bank�upt,o�be declared Insolvent,or shal/make an asslgnment lo�the beneltt of credltors,or ahall edmlt!n wNdng ita lnablliry to pay Its debts
<br /> - -'�--r=::x�
<br /> -;;:_�: aa thev become dua or ahsll consent ro the eppolntment o/a recehrer of e�or eny part o/the Tiust Properry,
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<br /> -- _ � (h)F/nttl(udgmont foi fAe payment ol money shall be rondored agalnsf/rusta ana uusror snaii nut dfau�a��o 6're s���.a,or cc::�N M�� _
<br /> _:.;• ", , dlacherQad.wlthln fMrty(30)days atler the entry thurool,or shnll not appeei therefrom or from the orde�decree ar procesa upon wh/ch o�
<br />_• ,: puiauant to whlch aa�d/udgment wes grented,based,o�entered,and secure e stey ol executlon pand/ng such eppeal,
<br /> _� � � �, (!) Auator eha!!sell o�wnvey the Tiust Property,o�any paR thorool,or any lnferesf thereln,or shell be dlvested of!ts tRle,o�arry Interest therefn,!n ___
<br /> ����`-��°� ery mennei or wey,whether volunte�lty or Involuntarly,wlthout the wrlKon consent of Beneilclary being Iiret httd and obtained,or --••
<br /> � _ __ _' . (J) 11 TYuato►!s a Co►pnretlon or partne�sh/p end mure then fHty percent(6D�,b)of the shares or benollclel lnterests!n such corpo►»tlon or
<br />— _ penne+sh/µea the case may be,shal/be nensferre0 or corweyed,whether vo:unterlty or lm�oluntarlty,wlthout the wdnert consent ol Beneticfary _
<br />-- f�"`�� bolnfl flrat had arrd obtalnod. -
<br /> -�_� � " 2Q AcCe�eratbn ol Dobt;Faeclosuro.Upon the occwronCO o/arry Event of DefeuR or arry dme therriaRer,Beneliclary may,et!ts opflon,declare all the "
<br /> '=r��' `.. fndobtsdnes�aecured horsDy Immadiaroty due and psyable and the same shail beer lnromst at tho�ielauft rate,il eny,sot forti�!n Ihe Note,or �
<br /> • ofherwJse et tho hlphasf rete pormlaed by 18w,ertd,I�respective ot whother Beneflclary exericlses sald optlon,!t may,atlts opt/on and!n ita sole
<br /> dl�cratl0�,wlthout arry furtho�notice or demand to or upon Tiusto►,do one or more af the following: �'"---
<br />- (e)Bon�t�clery may onror upon,teko possesslrn of,manage and operete tAe Yust Property or arry pan thereof;mr�ke repalrs and aftereNons and do ;`�__
<br /> - �. ery acfe whkh Qono!lcfary dooms propor to protect Me socudry themof,end elthar wlth or wlthout taking possossbn,ln Its own name,suo for __.
<br /> , � o►othonvlse coUCCr and rocolvo ronts.Issues and prolrts,lncluding thosepest tlue and unpald,and eppty the same, less costs and expenses o1
<br /> oporetWn end co!locnnn,Including reason8blo enornoy lees and Bena//clary s costs,upon the Indebtedness secured hore6y end In such ordor <.�'�;�
<br />' ns Aunotklary msy dotermino. Upon roquest of Beneflclary, Iiustor shuJ!assemble ond shall make evalfable to Beneflclary erry ot the Tiust �
<br /> P�o�ta�ty►vhtch hea bovn romwed. Tho ontsilnp upon and teklnD possessbn of the Tiust Property,the collecdon of arry rents,Issues end prolits, .;.
<br /> nnt!fho oppllCetlon Ihoreof es efo�ssid,ahnll not cure or walve any defautt theretofore o�thereafie�ocCUning, or aHect arry notice of dofeult or ,+::
<br /> nntito of eale he�aunder o�/nveGdate any act dono pursuant ro arry such nof/ce.Nohvithstanding Qeneilclary's contlnuance In possessfon or
<br /> rctoipt ond eppllCalbn of renta,lssuos or prolita BenefiClary shall be enlitled ro exerclse every�ight provlded Jor In thls Deed ot Trust o�by!aw --
<br /> � upon a ntM�Iho accurMnco o/8n Event of Doleult,incfuding the dght to ese�lse the paver o/safe.Any of the adlons referred to!n thls ,
<br /> _ paragrAph m!ry bo lakon by Qonoflclary at such tlmo es Benoffclary moy dote�mine wlthout regsrd to the adequacy of any securlry lor the
<br /> - Int/oDte�noss socurod horoby. ;
<br /> (hJ�OII(✓'U37Y Ghllff, w�lhoul roQoro 10 fno eooqudcy o�any secunry mr rna rndob�edness sacured'nvmiry,uv aniiiieru i3 ino d}r}�vli�iind:�7 v a — ---.
<br /> rocawr by a�ry Court having�unsd�cflon,wifhout nodcv.(o take possession of,protect,and manage the Tiust Property and operete the same
<br /> vnd ctiCOCf Iho r�nle.Issuos end pr�pts fhorolrom.
<br /> (01 Uond�r�ary mny b�inp�tny acaon in o�ry court of compotont/unsd(dlon to lor+eclose thls Doed o!TYust or enlorce eny o!the covenants he�eol.
<br /> (U) Ilnncl�c��ry mtry ola�to causo Iho Aust Propony or any part thoraof ro be sold under tho power of sale,und In such ovent.Beneliclary or Tiusfoe
<br /> " cAt�11 Qtrn such iwtica ot tlotault und notico ol sulo as may Do thon mqulrt+d 6y law. ThBrgttRe6 upon the explretlon d SuCh tlme and tho gfving of
<br /> auch nnG+CO d Cttb es may fhon bo raqulmd by Imv, Aush3ct et fho tlmo oMplaco spacdlod by fho notlCe ot sale, shall sell such Trust Property,or
<br /> ����y��ert thorool spocdrod by E3onMlanry,of public auctbn ro fho hlghost D.Ndcrr for cnsh in Imvlul monoy ol the United Stetes u/America.Upon •
<br /> ;i rxel/N d poyment d tho pNCO b,'d, Austoo ah811 pppfy tho procootisln tholollow(ng Orcle►:(i)[o tho cost and expensos of oxor�lsing the power of �
<br /> axlo nnd o/Iho eala inc�ud�np buf nof l�mifad to,In�stoo's foos or not mo�n Ihmn S50'Q00 plus ono-hal/of ono po�vnt ol the gross salo pr�ce.and
<br /> rorisanahl�ntto�nay fu�A f�Q fo 1ho fndnbtodnoss,nnd(iu)tho oxcosA il en�tv 1ho person or porsons 7ogalry entitled fherero.
<br />= Au costa nr�d eaponsuv u�cunnd by Qonolrciary m orrlorcing arry ripl��undor tMS Dot�d o1 bust,mcluding wrthout limrtotivn,abstrect or title laes,
<br /> npprt�lsn�►aos.U�onuumo fa bNu inswanco,attornoy l009 nnd court costs,shali Do and constitutc/ndebtedness Secured horeby.
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