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.. ,. . _ ._....�n Y <br /> ^�+n�i�r���.:,v.,...�.::��.�:;... --- -- - -- �-___—� <br /> 26. EwrMi o/DN�u�k.f�eh of fh�lollowlny occurirn�sa f/fiN c��fituf��n�vonf o1 aY/AU/t herlundei, (her6/n�/tei�a "Event ol Daleulr'): ' <br /> (�l Any amounf p�y�b/r unthi fM OWiy�flona�KU/�d by fMa D�od o!Tivaf i�nof p+��d when due,�l�ei pivinp Alf�ct fo rnY+pP��c�ble <br /> prrc�p�rlod tMnln, <br /> fbl Trustoi/s othsrwls�!n dN�Wt unar�fh�Nrm+of rM ObNp�tlenc. <br /> fr.l Trua�o�la!!a fn obt�rv�or perlorm�ny a!tM cown�n►:,ipronm�nit,or condiNons/n th/s Oesd ot Truat <br /> /dl Any nFrea�nf��lon or w�n�nty lnc/uaYnp, buf nof Xmltsd eo,any.v�mnty oI tlN��n+de Dy Tru�lor/n thls Q�ed of��u�r/t/�/s�►or <br /> m�bn�dy misN�t�np�,Or <br /> I�) 7rusror a�lli o•conwp tM T�uit Propaty,or any p�rt thanol,n�any lnf�r�st th��Mn,or!�div�sted oflfs lifl�, or�n y lnNreat <br /> fMr�ln, !n�n y m�nnrr a evay, wA�tMr vok�nt�rily a InvoNmtadly,wifhout M1 pr/or wriffln eonlMt ql B�ndicl�ry. <br /> .T6. Ace�Nr�tbn ol GMAt;Fonebrun•!/pon tM oteun�nc�ol�ny fwnt o10d�u1�, or�n y tlms tA�rs�Y�r unfil sueh fvsnt o/Ddault is <br /> cu�rd lo�M aaH+facrlon o/8a»licla►,B�►nlrei�ry nw y,�t ira oprlon Jxlara afl 05Jipatlo�s socu�ed h.eredV fmm�dlately due and�aynAle <br /> •nd tM rkrr�iAd!bNrint�na��t tM aM/ault nt�.!f�ny,�t�t laMln fM Nof�or N►e o4/at�Jf n��.lI any, s�t/ortA in M�mott i��nt <br /> oDlipaUon towrW Dy fM Gwranty,or otMrwly��t tM/WpM�t nN psimiff�d by Nw,and,!m►splCtiw o/wMfMr Bm�/itNry�x�ielt�a <br /> sald optlon,I�m�y,at!ts opNon and!n!ta toM tkscnrhn,wlthout�n y hrd»�notk�or d�mand ro or upon Truaror,ab wN oi mon o/ <br /> H►�/oNowinp: <br /> la) B�n�/icl�ry m�y ent�r upon,r�ke posauslon o%m�nap��nal oper�n H►�Treist Rrop�rty or�r►y pait th�nol,•mwk�npaln anrl <br /> M alt�nfione�nd do any ae�s wAkh B�Iki�ry dN►na prop�r fo p�'+of�ct tM=�curity tMno%and�+tMr wl�h or wirhouf��kinp <br /> poss�sslon,i�ita own nam�.SIN IO/4Y OfM/W171 CONICt NM/�CAfNR/W�tJ, ltsws�nd prolitt,lnck�ol�np thasw Wit dw�nd unpoid,�nd <br /> aqply fM,fam�.Nas eoiM snd�xp�nse�o/opw�tion and eoAhc�i�on,inclva6np+'A�+w�+bl�attoin�ys'/Nt and Bw:�fic/�ry's rosrs,upon <br /> 1 fM ObNg��lona s�tw�d Mnby rrd!n sucA oiaW l�s Bwwficl+ry ra�Y orfNmJM. 11Ponnqu�at of Bw�NkJary, Tivtfor thaN arssmbk+nd <br /> � shaN m�M av�ll�bN ro BMNicl�ry�ny o/fhe Trott AvpMY wA1cA has 6�►nmowd. 111��nt�riny upw�+nd f�kr►y poss�srkn of Hrs <br /> Tiust Proprrty,tM coAhcNon ol�n y nnts,isawr and proHts.�r►d fAr MpA+c�No�n NMno/st alnroaaid,shdl not cure or w�ivs+ny <br /> � ab/ault tMrrrolon a tA�rsa/tK aecvrcinp,or a/Net anY ratk�ot drfiWt or notle�of s�le h�reunthr orinvMidate any act done pu�susnt <br /> ro�ny aueh noNc�.Notwlfhs►ar�1�q 8�nsfici� �conhhuanc�in pouaslon or neKpt�nd�pplieition of rrnfs.lsru�s or profits. <br /> B�►elici�ry rAaM be�nfiMsd ro ex�mia��wiY r�ph�P+nvidM/oi in rhts D��J ol Tnnt o�by/�w uPOn or aRsi�he oecumncs of+n Event <br /> ol W��uh,incWak►p tM ripht ro ex�rcls�tM powK of s�►.AnY oi th�acflon�n/wrsd ro in Mis S�cNon ma y b�sken by Benefrci�ry at <br /> tuch Nm�u B�n�Aciary m�y art�nnh►�wiN►out npnd ro tM�dl�piacY o/�nY s�cur�ty/or tM Oblp�Nona iscund h�nby. <br /> Ibl B�mliefiry sAaA; without ny�rd,to th�uk0u�cy ar�nyY�curiry for ths Obwy�Piwu a�:uisd hareby,bo a�titlpd fo tho appointme�t <br /> oI�melver by an y cawt hawp�umoYerlon, wTrhout notk�,ro tak�pats�salon vf,prvtuct snd men�ps tM Tna�13q��rty and upert�� <br /> fM iw»��nd eaMret tM iw►tx.�wr and pro6tt tMnlrom, �- <br /> Icl B�neliciary m�y brinp+�ny acrion in rny court oJ eomp�t�nf%umaYct/on ta frarecb=�thla D�eal o/Trust or�nforce�ny of the <br /> eov�nn h�nof. <br /> (d/ Brn+licl+ry maY�1rct to c�us�fM Trust Propsify or any prr!tMreo/to b�aaJd unrNr ths pow�i o/sil�. +nd!n�uch awnt. <br /> A�fNYeiar or Tnatv�sMM p/vr sueh nofk�ol dd�ult and no�ies ol Y�N ro Mch p�rty ro N�is D�ad o/Tnnt by m�i/�t tM�ddnsa t�t <br /> lorth h�r�n�nd any otM�notitR wAkh m� �r 6�th�n nq��+nd by Nw. 71NrNR�i Wwn tM expintion o/suth tlm�and the pvinp ol <br /> iueh notia o/aalr a r►Ny+Mn 6�nvwrtia�by Nw,Ti,�stN.�r rM nme and p►ac��rp+clh+d br rM nork�o!sih.JINN S�N�VCII TNl� <br /> P►opMy,or any ppt tM»d siwciA�d by BsrNRel�ry���r pubNc�ue6on ro tM hiph�tr bJddv lor cath Jn l�wh�/ma�sY ol M!tDnit�d <br /> S►�nr o/Mw�ca.Upon ra'�1nf PI p�ynr�nt ol ths d+d �. Tivan�s/wM aia�oly tM proc�in th�loAb►viny ordai.lil to�hexoat�nd <br /> �xp«urrs of arw+cr�inp fha por►w o/sal�and of fM r�lnclud�np but not/i�nitrd lo, nurtN a h+s ol not moro fhan i600.00 plus <br /> ontANi M on�perc�nt ol thr prod+raN p�c�,md/NtonabN ittom�Yi'1e+s. /iiJ fo Mw OGNp�tions,rnd IXi!tM�xctit�,if�ny, to H►� <br /> p�non or penerrs leq�Ny�nNtNd fMnro. , . <br /> •i_n � � f i...r:.. .�.��tiCL':llw.h:!!_^!!.'lCihsn�nrHNw - - � <br /> Ap C0.iR MO f�p�a MII jRCpI1l9.4ylieMiroi�ry in�rrfw�wiy w��iyi�i iiiiu'ii Lw aii:v��r:'w"i..At.......rir� <br /> /�q,ippniaa!l�u,p+rMiw�:t,for 7itfe Jnsur�nc�,atfom�yr'/��nd cowt costa,shaM b��nd consiliuts aGNp�tToau t�cun0/►aeby- <br /> 27. Or�Ne MTiwA».,Tr�+to�.pvw►Mir. <br /> !�l Th!d/fl�a a/HlODIipltipit oI T/U�fM�MNb�drl�mlinW tWWy 6Y th1 expltlNnWvriahirw G17hl.�Cos.�G:'�r::.�.�. T:�.:�=1�A�M�n1 <br /> be Ii�bM�xc�pf fa tM p�r/on►►�rne�ol sucA dutiea�nd obWp�thrN u+n spacr/ic�Vy r�t/orth Mnfn,and no impli�d covsnants a� ', <br /> obNpariom sA�N b+lmposd upon Tiurr�►�. � ' <br /> Ibl No prowtrion o/Mn�wd o/Tiwt sh�N nqufi�Tivihs to�xpnd a�isk itt own lunds,a otMrwlse lntur iny linr►cld o4X��tlon!n <br /> tM pr/am�nee o/MI y O/!M dufNs h�rrrrfdN,o/!n HM IxNrAQ�n ol�n y o/!b rlphM O/powws. • <br /> lel TiustM may eonrulr wiMr cowud o/!ts own ehooslnp�nd HM M�c�oJ�ueh eoun�o/ah+M ba/ull an0 ca►�oNte wfhaii�don rid <br /> proMe�fon!n Mw nrp�et ol�nY aetbn ak�n a iuH�nd by!t ANwir�ln paod INth�nd nU'�r►e�thMwn,and <br /> Id) Tnanr sA�A�nor e.Ar6M lor any aeMon r�k�n by!r h yoal fiiN►and n�ron�by br�wd by Jr ro 4.authair.d a wlMin la <br /> dacntlon or riphts a powws conhrnd��wn It by tMr ONd ol Trust. <br /> 2f. SK�rMyA��w�t�nI Rirlw�l�/.From tM d�n o/la nr.onWp.MJ+DrM ol Tiutt iJNW eonstitut�a s�eurity apn�m�nr and <br /> Nxtun/dlnp undir M+provirlo+►+ol rM IWb�ruka Ud/wm Canm�rcl�1 CooM wlth napsct ro Moss Rxturos oWcrl6ad!n fM pr+�mbMs Miwof <br /> as eon+tifutinp i pNt ol tM 7nrst PropNty,topvtMr w!M aN o►hN oI Tnriror,NtMr itmlNr or aYaaimll�r ro rhe aam�,now or <br /> MrNR�r loe�nd�t w on H►e Tivst Prqobty. for fAh pwPos�,tM/�e�0 Nf/aeNiNon ia s�t/orfh: <br /> f�l Nrn��nd Addnss ol DMtoi/Tnator: fbl Name�nd Addn�s oI Sscured Pirty/BrnNicf�ry: <br /> Reed �►rid.Reed, inc. ^ Norweet Bank N'tbraeka, National <br /> ^ __ ��, Aeeociation _'__ ,� <br /> P.O. Sox 1015 202 Weet Third Str.eet �„ , <br /> Orand Island, NE 66802 _ Grand Ieland, NB 68801 <br /> Icl D�bro�s Socla/S�curiry Numb�NFiornl l�xp�ysr/.D.NumWr 470744CL45 <br /> (dl TIKi abcum�nf cown poods wMch m u sn ro b�com�I'fxtuns. . <br /> !R)The n�ne ol fhv ncord owmr of rM Trwt I°Yop+rtY/t tfw 1kbroNTnnror dncnbed above. ; <br /> �g, FiNw�Adw»�w,Bsr►Nlci�ry,at Bsrre/ici�ry't opNon,prlor fo lful'nconvsyMGt o/tM Tiust Property by Trustle to Tr�sta,m�y m�ke � <br /> luturt�dv�ncs:ro Tiwtor,SucA Potun advsne�s,w�M inf�nst rAerson,shaM b�a�tund by tAis OMd o/Tivst.A t no tlnN shall M�piNrcip+l <br /> �rrrounf ot NN Obtip�Nons a�eunM by Mii D�+d ol Tiwt not lncMdiny�uma advw�c�al to protect ths ascurity,sxcNd tM rotd�wn ol . <br /> S�a_noe_Oa � <br /> NoMinp l��w+n contalnit/sMN knp/y�n y obtip�tlon on fM part oJ N►�Bmalitluy to m�ke any such aa�ditlanN advinCls. <br /> Adva►ca o/oYSbun�mNrts m�de by aNNAcl�ry ro pronct fM sariiiry,untNr fA�tNms h�ren/,wMib dsentlonary,shNl not De dNmM rd <br /> be oPfiond adv�nas. <br /> 3p. RKarw�w�e�. Upon paym�nt of�+!O�blipiNons aaurod DY Mis D�ad o1 Tiurf,BN►Nieluy shaN nq�NSt Trw�K ro neonwy tM Tre�at <br /> Propsrty�nd rhaN surnnuyr�hla OMd ol7rust and�N nohs�vloWrchq OOtip�Nona s�cund Dy this D�+d ol Trust ro TrurMe. Trwtk th�Il <br /> ..,..w.r....a►�,,,,..r��.,r»�,e W.nanw.nd wlthour chrroe ro dr.uMSOn a v�nons N��Mr�Nrhrd Msnro.Such p.rYOn o�.p.�ona <br /> ahNl peY�1/toafs o%ncord�tfon,if any. � <br /> 3f. Sw6�Nh�M TrwtM.Bw►Niclsry,at its optlon,m�y Iran tim�fo tirn�mnow Tivatee�nd appoint e Sutcetso/Tnistre to any Trusha <br /> �perr�the S�taoi T��tN sANf succ�o�N h'tl�,�ww and�Na�Nrnd upon�T�ru�st�a���fn+Rd by�ic�Dl�%tw�7ruat <br /> 32 A�e�pK RyAt�e/�Inp, g�n�IiNuy m�y�t rny fi�»�Mfd/rom tim�to tim�, wlrAour nor/c�,eonsmt to tM m�kinp Of�ny <br /> pl�t o/the Trust PropatY or Me ensHon ol any�u�+rnnt tMrwn or�ny cowtnmfs n�trktlny use a occupancy fMrwa/or aqrwr to�h�r or <br /> ♦msnd Me t«mt oI thh Wd of Trvst.Any p�rsana/p%o�rtY nm+ininp�M1on NM Titnt ftiop�rty�Ita th�Tiuet�rrtY Ma bN►r pat�siM <br /> ur occ�ple0 Dy Btnelkl�ry,1ts ap�nt or any purcMt�r/oAbwlnp TnistM's sNe a forocJOauro,or und��any rhW!n su ol Truatee's sNr o� <br /> lorec%aun,sh�N be coneluslwwy pnsumrM ro h�w be�+r ab�nobn�d 6y Tiwtor. <br /> 33. 7'rwtor Mnby r�pwafs tAat+cop y o1 sny nofic�of dcl�ul�w►d rtorfc�of aN�midr or�x�cutsd by TroarN punu�nt fo thr prov/alons <br /> hereaf Ot.t�nt ro�iu�ror at It�m�lXnp�inia s�t lorth�bow. <br /> Paipr�of 6 <br /> _ _ <br />