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, . .. . . _�.___"_ .. _ ._ . ___. ._ . __ __. <br /> � � <br /> 24. pov�minp 6�w; S�v�tabllity. Thl�O��d ot Tru�t�hail b�povKn�d by th� lawi of th�9t�t�of N�bra�k�. In Ih� <br /> �v�nt�ny provl�lon or GauN of thl� D��d of Trwt eonflkls wilh �pplleabl� L�w, �uah aonflicl�hall not�f}�ct <br /> olh�r proviNon�of thl�ONd of Tru�t whlch un b�piwn 11f�clwithoul Ih� confllctlnp provlUoni�nd to Ihl� �nd <br /> th�provlNon�of this DNd o1 Trust�n d�el�rW to b���vuaDN. <br /> 2S. Ewnt!Of D�fault E�th o}!h�followlnp 1 Cculf�nc�� rh�ll cCnitftul� �n�v�nt of d�fault hu�und�r(h�nin�fl�r� <br /> c�il�d rn 'Ev�nt of D�f�ult'): ' <br /> (�) Tru�lor shdl hll lo p�y wh�n du�any princlp�l,InUn�l,o�prinelp�l�nd Int�n�t on Ih� Ind�bt�dn�t�; <br /> (b) Any w��ranly of Iltl�mad�by Tru�tor h�raln shall b�unlrur <br /> (c) Truttor sh�ll /�11 to ob��rvi or p�rform any of th�cov�e�nG, •pn�m�nts, or wndilton�in thl� O��d pf F . <br /> Tru�t; <br /> (d) Any r�pnt�nlallon or wuranty m�d• by Tru�tor on iny fln�nel�l �Ut�m�nb o� nporu submltt�d to�a <br /> B�nMcl�ry by or on b�h�lf ot Tru�tor�hsll prov� f�l�� a rn�t�rl�lly mid�adlnp; <br /> (�) Tru�tor sh�ll fail!o p�rfam or qb��rv� �ny of ih�cov�n�nt�, condltion�, or apn�rn�nts cont�in�tl In, or <br /> bl�dinp upon Trwtor und�r any bulldinp Iwn apn�msnt, s�curity apre�m�nt, lo�n �pre�ment, fln�ncinp <br /> �tat�m�nt,a any oth�r�pn�m�nt,Inatn,�m�nt or dowrrHnt �a�cubd by Tru�tor In conn�Gtlon wlth th�lan <br /> �vid�nC�d by th�Nob; <br /> (f) A trwho, ne�lwr, or Ilquid�tor of th• Tru�t Prop�rty or of Tru�tor�hall b� sppointed,or�ny of tha <br /> u�dilaa ot Tru�lor �h�ll fll� a p�tilion In b�nkruptcy apUnst Trwtar, or fnr th�norp�ni:�tion ot Tru�tor <br /> pursuant to•th�F�d�nl 8�nkrupfey Cod�,or�ny simlla r Aw,wheth�r f�d�ral or ttate,�nd il such ord�r or <br /> p�tidon shall not b� disch�rpsd or dismles�d wfthln 30 d�ys�ft�r th�d�t� on whlch �uch ordsr or p�tlllon <br /> waa flled; <br /> (p) Truslor shall HI��p�tltion purivant to th�F�d�ral O�nkruptcy Cod�or�ny slmllar law,fsMr�l or shb,or <br /> If Trustor shNt b��dJudp�d�b�nkrupt,or b�d�Garad In advant,or�hall maks sn�iaignm�nl for th�b�n�fit <br /> of c»diton,or ihNl admit In Mrcltinp it�Inabillty to pay Itsdal�lt as th4y b�coms due, or�hall cona�nt to th� <br /> •ppolntm�nt of a nalv�r ot all or any psrt of th�Truat Roqrty; <br /> (h) Final judpm�nt for tf►�paym�nt of mon�y ahall b�r�nd�r�d apalnst Trustor and Trusta sh�Y not dlacha�e <br /> It,w uus�it to b�dl�chsrp�d,wlthin 30 day�ak�►th� �ntry th�nof,or ehall not�pp�11 th�n from w from <br /> th� ord�r, d�crN, or pmc��• upon whlch or punu�nt to which th�Judqm�nt wai�prant�d, ba��d, or <br /> �nt�rrd, and s�cure�st�y of�x�cutlon p�ndiny th�ePp�l: <br /> {f) Tnistor�hdl s�ll or eonv�y th� Trust Prop�rty, or�ny p��t th�not, or any Int�nst th�rNn. or�hall b� <br /> dlv�at�d of IU tIU�, or �ny Int�nat th�nin, in any m�nn�r a w�y, wh�th�r voluntuily a f�voluntarily, <br /> wlthout M�w►Itbn oon��nt o(B�n�flcisry bdnq flrst hwd�nd obfainW;or <br /> (�) If Truttor it a coryoraUon or psrfn�rship and mon thm filly p�rtsnt(SO%)o(th�th�ns a b�n�ficl�l in- <br /> t�nib In Ih� oorporatlon a partn�rahlp, �s th� G1s�rn�r b�,ahall b�trans{e�r�d or conwy�d,wh�th�r <br /> ' volunhHly or Involu�Urlly,without tfN writbn Goqi�nt ofB�n�flGa�y b11np il�gt�had and ab4in�d. <br /> 2E. AccN�rsdon of D�bt; Fw�do�un. Upon th�oceumhca o1�nyEv�nl of D�hult, or apY tlrrN th�nwR�r, B�n�H- <br /> •.c++ry mar� ai iis op6on,d�cian aii in�inWbtWn�a�s�Gw�tl nsrby Imm�diatNy due"and paylbl�,wlth Int�rat�t <br /> tM NfaWt at�,it�ny,�t forth in tM Not�,cx ofh�rwls�at Ihs NpMst ral�p�rmithd by law,�nd,in�tp�ctiv�of <br /> wMtMr S�Mfldary�x�rclsp MI�opGon,it may,at Its optlon and in II;�oM dl�p�don,wlthout sny furth�r notic� <br /> or d�mand to a upon Trusta,do on�or nwn of!M fpllowinp: <br /> (ay B�ficiary rt�y�nf�r upon,fsk�po�pnlon of, m�napl and oprrab th�Tru;t Prop�rty or sny p�rt thlr�o(; . <br /> m�k�np0lrs�nd albraqau and do any act�which 9�n�fld�ry d��m�prop�r to Drohct th� ueu►ity tMrwf. <br /> � . Yntl�ithK wifh or wifhout taklnp posa�Nion,in its.bwn ns m�, sw fa or oth�nvla�coll�cl and r�ulv�nnb, . <br /> , Is�wa�nd proAb, InGudlnp thoa� pa�t due �nd unpNd, rnd �pply th� �am�. Ifss co�q and �xp�nt�s of <br /> opaatlon�nd oolMcUon,indudlnp n��onebl�attomey h��nd B�n�flGary'a cats,upon tM Ind�bt�dnus <br /> Nwnd 1►K�by and In wch ord�r a�B�nNidary may 01t�1n�, Upon rpwat of B�nMldary,Trwtor�h�li <br /> sstembl��nd�h�ll mak� svaNabl�tA B�fidary�ny of tM Trwt Prop�rty whlch h�s b�nmowd, TM <br /> �MMinp upon and Wtlnp po�NS�►pn o(tM Trwt Prop�rty. IM o011�Cdon o��nr nqb,ls�ws Mid profib.and <br /> , the�ppHeaqon tMnot u �fonsald, �Aall not wr�o�w�i w�ny d�fault tMr�to/w�or q��Nt�r acuMnp; <br /> a�tf�et sny notic�oT d�tault w notla nf sal�h�nundlr orinv�lidat�any�ct Con�punuantro any notip. <br /> Notwlthtt�ndlnp B�n�QWry'�oontlownw In pwpaskn orr�oNpt and appl{caGon oi �ts,WuN a prof- <br /> Ib,B�rwfldary �MII b��ntfG�d to�x�rcb��wry rlpht provld�d for In thi�Ds�d of Tru�t o�by law upon a ,�. <br /> �ibr th�oecun�nt�of�n Ewnt ot D�f�ult, Includiny U+s ri�ht to �z�rcl��th� pow�r of ssN. Any of M� <br /> �dion�nf�rnd to M thl�panpnph m�y b�bk�n br&n�Adairy at wch tlm�s�B�n�ild�ry m�y d�Nrmin� "'.� <br /> • witl�out rp�►d W fM.ilideqwcy of�ny t�curfly for th�IndNt�dn���s�cund hK�by. <br /> (b) B�n�llclary �Aall,wlMOUI rp�ro to th� �dpwcy af �ny aauMty fa th� Ind�bt�dn��a Ncund Mnby, b�• . <br /> endq�d 10 th��ppolntm�nt o}�nalv�r by any court havinqwNSdictbn,without nodc�,ta bk1 posNa�bn o/, <br /> probat, �nd manep� the Tru�t Propsrty�nd op�rat�M�Mrm and coll�ct th� nnts,I�sw� �nd proflb ' <br /> . th�r�ho�t1. <br /> ' (c) H�nt!!clary may tr►Inp ony atllon In any courl of cornp�t�nl juradktlon to fondw� ihN OMtI of Trwt or ' <br /> Mbra any af th�cov�nanq htnof. <br /> {d) BinNlel�ry m�y�Net.fq,caw�th�Trwt Prop�rty or �ny �e +n.r.or eo b.saa una� a�. po.er or e�M, . <br /> �nd In wch�wnt,BIIn�1lClaty or Trust���h�ll piv��uch notlC�of dHault�nd notiq oi NI�1t m�r b� <br /> . tMn nqulnd by law. 7h�rrafl�r, upon ih��xpipltlon of sud�tlrrN aed th�pivinp of tuch noUw of ssl�as <br /> ' mar tMn'b�nqulnd by law,TrvstRe;at th�tlm�and plld tp�elfl�d by th�noUc�ol sah, sMll �NI . <br /> ,. • tMTnrst_Prop�rty,or sny part M�not ap�clfl�d by B�n�AdMy, �t puWlc sucdon to th� hiphwd bidd�r for <br /> . �.. ca�h In�laNrful rtlOn�y 0(.ih�Unit�d Stab�of ArtN�1YCa. Upcn r�dlpt of paJrmont.0f th� prk� bld, TrustN <br /> • ,. shall spply th�proqed�In th�followlnp ord�r:(i)to.tM c.at snd oxp�n�ot ex�rcisinp tM pow�r o( <br /> � saN�nd of tM sal�,intli�dlnp but not Ilmit�d to,truatN't f�u ar not mon th�0=600,Op plus 1/29i of th� <br /> pro�s ��1�pHc�, and r���onabl��ltom�y f�a�:(it)to tM �nNbudrnu: and(ili).th��xa�s.II�ny,to th� <br /> , p�nfon ar,p�nonr Ipilly�ntlG�d th�nto. <br /> All cosq and�xp�nt�s Incumd by B�n�flciary tn�nforGnp any rqht und�r thl�DNd of Tru�t,IncWdlrp wlthout <br /> Ilmitation,ab�tract or tIU�iNS,�ppralsil f�q, pnmlum�lor titlw In�unnc�,attomey t��s and eourl co�4, shdl b� <br /> , and con�titut�Ind�bt�dn�ss s�CU��d�h�nby. <br /> 2T. Dutl��of Tru�tN. Truittx�prN�th�L• <br /> (�) Dutl�t and obUp�pon� o(7ru�h��h�ll b�d�t�rmin�d ul��y by th� �xpnss provlslant ol thl�D�d of <br /> Trust snd TruNN�h�ll not be fiaDl��zc�pt for th�p�rbrtn�nc�oi such dutl���nd obliy�tion� a�are <br /> ipeeHleally��R forth h�nln,�nd no Impllsd wv�nanu or oblip�tions sh�ll b�impossd upon T�wt��. <br /> �b� NO DfDVIl10(1 Of fhll���d O�7fut!ahall r�eu�r�Tn�alw �f1�YM1�I�M II�L 11�n�....f.....a�..�..x.��.d�����... <br /> _ . '.,_"' "'_"' ""'�"'_'. .._...��"...�..��.�. ....�....�..n.v..� <br /> ' ony M�ndal oblip�tlon In th�p�Hormanc�ot any of Ifs dutfa h�nund�r,or In tM�u�rciN of�ny ot Ib <br /> riphta o� po�wn. • <br /> (c) Tru�b� m�y conlult with counNl of Ib own ehooslnp snd th� sdvi��of such eounsu�lull b�full ind <br /> compl�t� �ulhoriiatlon and prot�CGon in th�r�sp�ct of�ny�cHon tak�n qr sulf�r�d by II h�rwnd�r In <br /> paod falth and nu��a th�non, <br /> (d) Tru�lN �hill not b�Ilabl�for�ny �cGOn uk�n by It In pood falth�nd na�onably bNl�vb br It to b� <br /> authoriz�d or withln Ib dl�croGon or rlphb or pnw�n conlsrnd upon it by thl�ONd of�'ru�t. <br /> 2e. S�eu�ity Apn�rt►�nt md Flztun Fllinp. This DNd of TrWt ih�ll con�titut��s�curlty apn�m�nt snd tixtun <br /> fllinp und�r th�provitlont of th�N�bra�ka UnHorm Corr�rrhrdil Cod�with napect fo thos�Oxtunr d�srxib�d <br /> fn tM pnimbl��h�rwf aa con�titutinp a part of th�7ru�t P�op�rty,top�th�r with�11 ofh�r prop�rty of Trullta, <br /> Nth�r simllar or dlulmllar to th��am�,now or h�r�aftsr locat�d�l or on th�Trutt Propsrry. <br /> P�p�4 of 3 <br />