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<br /> � Additidnal Provisions
<br /> Debtar Weerenta erd Cownante: ( 11 That except for the security imorest grantad horel�y Debtor Is, ur to ihe Axtent tttat Ih18 aHreenVeht
<br /> states that tho Colloteral is to be accNircri after th� date heroof, will he, ifie owner of theCollatorel t�en hom any adversA Ilen, 3ecuriry
<br /> � inhirc+st or encumlxance; and that Debror will d�(end the Collateral apninst all claims and domends of all persons at any tinw claiminp
<br /> the samo or any interest therpin. (21 7hat no (inanciny ntatement cov�riny tho Collataral or any prom,eds 1hQreof is on tila in any jx�blic
<br /> ollice and that at tho requor,t of Secured Party, Debtor wiil join with Secured Party in exacutinq one or more financinp etatements pursu-
<br /> � ant to N�u Nobraska Unifortn Commercial Caie In torm satisfactory to Securod Party and will pay the coet of filinA such tinancinq state-
<br /> mont, thts sacurity �7reement and nny continuation or termination statement, in all public oftices �vliorever fiiin� is deertiecf by Securod �
<br />� Party to bo necessory or d�sirabla; and ii tlie Collateral is attached to real e�tate prbr to th��perfection of the security interest grantod . �
<br /> here,by or if the Gollnteral includes crops or oil, Has or minerels to be axtracted or timber to be cut, Uebtor will , un de�nand of Secured �
<br /> Party, fumish Securod Pnrty with a disclaimer or disclaimers or subordination aprecvnent signed by ali persons havinp a�i interestan the
<br /> real ostato, disclaiming or subordinadng any interost in tho Collatural which is prior to the inturent ot Secured Varry. �31 Not m sell ,
<br /> �, transfer or dis{wse of the Collatoral, nor take the sane or ancenyn ro tako Nie sana tivm H�e county where kepl as above stated, without
<br /> � tho prior written consunt of the Secured Parry. �4� To pay all taxeF end assass�irente of evory naturo Nfiich mny be levieci or assessed
<br /> � ayainst tho Collaterel. 15) Not ro permit or allow any adverse lien, security intArast or encimbrance whatsoaver upon tha Collaternl, and �
<br /> not ro pennit �ho same to bo attached or replevined. (6� Tha! the Co� lnteral is in ycwd condition, and that he will at his own oxpense, � �
<br /> - � keep tho sarne in good conditiun and from timo to time, forthwith, replace and repair elt such parts of the Collataral as may Ix� broken,
<br /> wom out or damapcd without allowh�p any lion to lxi createcl upun ihe Collateral on �ccount o( such replacement or repairs, and that the .
<br /> I � Secured Party may examina and inspact tlie Collatvral at any time, whorover located, ( 71 That he will at his o�wi expenso keep the Col-
<br /> laternl insured in a conWany satistactory to Secured Party against (oss, as appropriate, by thr,ft, coliision, fire aixi extended coveraye,
<br /> with �oss p:ryable m Secured Parry ae its interest may oppear, and will on demand do� iver enid policies ol irisurance or furnlsh proof of
<br /> ' such insurance to Secured Parry. (N) At its option SecurAd Porry may procure tiuch insurance, discharge taxos, liens or securiry inlerests
<br /> �� - qr other encumbrances at any time leviod or placcd ai the Collatami anA may pay for tho repalr of any damape or in�ury to or fur the
<br /> � preservalion and mnintenanco ol the Collalvral . �o6tor aprees to reimlwrso SecuredPartyon demand tor any pnyment or expense incurreci
<br /> � by Secu qt Parry pursuant to tho foregoiog autliorization. Until such reimbursemoiit, the anwunt uf any such paym�nq with interost at the
<br /> rate of�A��3er �tnnum (nxn dam ol payme�t until reimlwrsoment, sholl be added to the indebledness uw�d by Dehh�r nnd ahalP be aecured
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<br /> . by this aynjemenL (91 That he wili nol use tha Coliateral in viol:�ticn ut ariy appiicnble stalute, reNulalion or c�rtiinanco and i( any o( the
<br /> Coliaterai ' is motor vehicles tho samn will rwt txi rented, usecl in rental service nor in any speeJ ur enduranca contest. ItU) Dehtor �viii
<br />' pTy Secumd Pnrty any �and all custs and exporises incurred in recovering hossession bf ihe Coltaterhl and incuned In onforcing this
<br /> socurity agroanent, ond Hio samb shell lx3 secured 6y this security ogrve�nent.
<br /> � Until Default Debtor may have pessession of the Collateral and use it in nny lawful manner nut inconsistent wfth this apree�neirt ond not
<br /> � inconsistent with any policy of inswanco thereon, nnd upon de(ault Secureel Parry sh�fll have the immecifate ripht tu thu �x�ssession of
<br /> - ' the Collateral .
<br /> � Debta Shell Be in De(ault under this agreement u�wn the heppeninN of any ol the lollowinq events or condilions: 1 � ) default in Uie pay-
<br /> � ment or perfonnance of any oblipatfon, covenari or lia6iliry rontainecl or reforred to herein or in �ny note evidoncinp the sa�ne: (2) ariY .
<br /> � worrnnty, representatioo or statemont m�clo or fumiahed to Secured Parry by or on behali ol Debror proves to have been false in any ma-
<br /> � terial respect wlwn mode or furnisheA: (3) nrry c+vent whid� results in the acceleration of the maturity ut d�o indehteelness of Uebmr to
<br /> ? - othere undcr any indenwre, o�rnoment or urdertakinp; (4� loss, thait, damuye, destruction sale or oncumbrance W or of any oF the Col-
<br /> ; . lateral, or the makinp of ony levy, seizuro or atiac�rnent thereo( or therean; (51 Jeath, dissolutiun, tennination of eaistence, in,olvency,
<br /> 6usinoss failura, appoinfiwnt of a recaivar o! any part of tho property of, assiy�iment for the bennfif of creeiirors by, ur Uie canmence-
<br /> i � miiit of any pruceadiny under anY I�nkn�ptcy or insolv�ncy laws by or apainsl Deblor or any puaronlor or surery (ur Uebtor.
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<br /> - � Upon Such Dofault and at nny tima thereafteq or if it dee�ns itsell insecurc, Secured Party nwy declnrA all Oblipatiaih se�vred herehy
<br /> � immecliotely duo ond Payablo and shall have tho rc�nedie5 0l :� secureJ party under tlw Nelxaska Unifurrn Convnerciel Cude. Sccur��i
<br /> ; Party may reyuiro Debtur to assvmblo the+ Coliateral ancl deliver or moko it available ro Secured Perty at a Place to bo Jesiynated by
<br /> Secured P�rty which is reosonabiy convenient to both parties. Unlr,ss the Collatornl is perishable or tlireatens to dreline speedily in
<br /> valuo or is ul a type custwnnrily sold on a recoNnieed market, SecmeJ Party will give De�tur roasonablo noticr. of tho time mid placo of
<br /> +' �� ony public oale thereof or uf tho timo after wliidi any privato sale or anV other intendcr) disposition thorcmol is ro be inadr, Tlin require-
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<br /> ments of rec�sonablo notica shali lw mr.t I/ s�ch notico iu mailecl, pustape prepaid, tu ihe address of Deblor shown ol the bepinninN of
<br /> this o�remmnt at least fivo dnys tx!lutv tho time of thc uale or dis�silivn.
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<br /> No waiver by Secured Pnrty of ony dofau�t shull uperato as a woivor uf ony otfier delault or of the sane default on a lutuie occasiun.
<br /> " , Tho taklnA of this socurity nureu�nent sliall not �vaivo or impair any otl�er security ti.�id Sr�i��d P;vty may hnve or hr.realteracyuira for
<br />/ �� tho p�iyment of iho ahovo indobtedness, nor shal � tho takinp of ony such ndJitional security waive or impoir this socurity ayrec�nen4
<br /> ` but saiJ SecuruJ Pnrty may resort to onY security H may hnve in th�� oider it may deem P�oper, and notwithstondinp any cullat�ral srcu-
<br /> riry, Secur��i Pnrty shall retain its rights of setolf apainst De61or.
<br /> �� �11I riyhte ol Secured Party herewxier sholl laum ro tli� I�anelit ot its successurs m+d assipns; ni J H��{7ranises ond duties uf De6tcy , �
<br /> '.' sha� i bind his heirs, executors or odminiatrators or his ur its saccessore or assipns. �f thoro lx3 i�n� tt�NW�e Debtur, thoir tiabilitie� �
<br /> ��� � hcrcunJcr shall bi! joint anJ sovoral . '""' -: � �+ � � Y` p- �
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<br /> � � �� =- � This nprvanenl 5ha11 becamo affeclivo when it is si�necl by Debtor. �' + � % �.. � � �� � o � 0
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