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<br /> 16. Cavenants ot Trustar wi:h Respect fA'eases. W�thout!he prio�wrfKen consent o1 Benaficiary, Trusror shaU not direclly or indrrectty,
<br /> witi�respeet to any leasa of spa�a��r!1�a 7rusf Propeny,or any po7rorr thereot, whether such fease is now or hereatter in existence:
<br /> (a) Ac�.t:ent nr�ermiF�ny ptepe}�mant,drs�ounE ar advance payment of rent hg�eunder in excess al ane month, , —
<br /> (b) C3ncel vr termi.aafe the sarn�.ar aaGepf any�cancelta6an,termination c+r sunender the�eof.or permit any event ta occur whieh�vou/d
<br /> uccur thereunder to rermi.7flf8 aF Can�ef rhe same,otfser than[ermina�on for non�aymera of rent,
<br /> � (c) Amend or modify the sam�s��s ta•raduce rhe term urereot,rhe rental payabla thereunder,ar to change any rerrewal prov�s�ons
<br /> therein contained>
<br /> (d) Waive any delaul[theieuRder a�breach the�eat,
<br /> (e) Gtva any cansertt,waiver arapprovat thereunderortake any othe�actron rn conasction thsrewith,or with a tessee thereunder,which
<br /> � wouJd have the effeCt of irrtp��ing tttB value of the/essor's irtterest thereunder or the property sutr�ec[thereto,or of impairing the �
<br /> position or int&rBSt of EenEficrary,tfr�rein,or
<br /> (I) Se/1,assign,pladge,mQRgage a�.�thanvise dispose ot,or encurrrber its interest in any sard lease or any rents,issues,pmfiis issuing
<br /> ar arrsing fhereunder.
<br /> 17. Waiver of Statuie ai Lmi�et��ns�ime is of the essence in all of Trustor's obtigaAions arrd dubes hereunder,and to the extenf psrmitted ,
<br /> bylaw,Trustor wa'r:ss af.!prassnt er future statutes of limitations with respect to an'y deb�demand or ob/igatian secured hereby and
<br /> any acUon ar proeeeding fartita purpase of enlnrcing ttris Deed ot Trust or any dghts or remedies contained herein.
<br /> 18. Assignm�rzte�Eepo�7J..ln the evn:;t canst�►�ctian of improvemerts is contemplated b y��e.'aan evidenced by the Note secured
<br /> hereby;as��:'�vn.ai�ser:�rity t1re:��:�. ��rstor irg�by nar.sf�s.�7d ass%grrs?c 8�r�5���r.all rigirt,t�Ue and interesi fo any and aft
<br /> �*;anieS���a:'�ad b}�ar.�:�=treha:.'e;•-.utor w:7h�.�r�:ciry,c;,;;.^..*�>.�:,�t����etir�r a���cyr,sanitary district,utilrty company,and
<br /> �o,yctPrer�:�`SJc�a�anc,r:Fss�e:^�a"3:ioncr,�s..�euref:�e,rs�J,aiior,:,`�n;«�ili!�yd;Tr�srar,p��a:�ingbtheT,-����:�F�ry..
<br /> i. •:�, :cF. :�.-�g, %r i � r.^ �; �� �: r C;a `^� `4�: I)t4" n� .
<br /> _ vE7TJTOr�.y':G'l'8R17E ..�CXi_. _ . �e:S:�F_38..Cr?G.°:�*J'. ��.1Q_ .i�-'L _.�'11...�_llt.7i?E.: _^7E:5..1j1,i1 Wl1. £. I.R� �
<br /> 1@C@SScri,/�.'.Lrt3..�i61L'2 .�a.:l'f.^�f�?2',�it7E�•:"r B�.�4j.��.�a.,ES L�6��'3!;'.3!:�°,c'.:8fi!1,..^,`�`F.'5.:.^`«�.-�w:'ages unrtc-.'y^.�l8 WS'Jf��'2 . .
<br /> :�&fL O�lrfi'!i:!�f.c�0lattII?J':�:��i;�°IJ' • �
<br /> 2�. Forbearance by Bert���i�.�,:ct a ri�;ver.Arty f:�ea2nce by Beneficia.�a•�=E.cercising any sght or r�medy hereunder,or othen4;se
<br /> afforded by applicable/a�r;shall not be a waiverc�o�preclude the exercise of any such right or�emedy. The procurement ot
<br /> insurance or the paymenf ot taxes or ihe discharge ot liens or charges by Beneficiary shall not be a warver ot Beneficiary's right to
<br /> acceterate the matuary of the Irtdebtedness.
<br /> 21. Remedias Cumulative.Al1 remediss A�auided in this Deed of Trust are dis6nct and cumulative to any ofher right or remedy under this
<br /> Deed nf Trust or aHorded by law or equity,and may be exercised concunently,independenUy a�successively.
<br /> 22. Successors artd Assigns Bound;Joint and Several Liabrliry:Captrons. The covenants and agreements here�rt contained sha/l bind,and
<br /> rhe rrghts hereunder shal�ine�re to,the respective successors and ass,gns ot Beneliciary, Tiustee,and Trustor. All covenants and
<br /> agreements ol Trustor shall be/oint and severaJ. The capirons and head�ngs of the paiagraphs ol this Dead of Trust are tar
<br /> convenience only and are nof to be used to interpret or def�ne the proviSrons hereol.
<br /> 23. iVofrca.Excepi tor any notice requrred under applrcable law ta be g�ven rn anather manner,(a)any notice to Trusto�pravided for in this
<br /> Deed ot Trus!sha/l be given by maitmg sur,h nobce by certifrad mad,return receipf requested addressed ta Trustor at its mttilrng
<br /> address set fonh above or at such other address as Trustor may designate by notice to Beneticiary as provided herein,and/b)any
<br /> notice to Benet�ciary or Trustes shall be given by ceRified mail,return receipr requesied,to Beneliciary's and Tiustee's mailing
<br /> adciress stated herein a fo such othei address as Beneliciary u�Tiustee may desig�ate by nofice to Trustor as provided herein.My
<br /> notice provided for�n ih�s Deed ol Trust shall be deemed to have been given to Trustor, 8eneficiary or Trustea when given in the
<br /> mannet desrgnated herern.
<br /> 24. Goveming Law;Sr�verabitity. This Deed o!17ust sha11 be governed dy the laws o/the State of Nebraska. !n�he event any prov`s:an or
<br /> clause of this Deed ol Tiust conllicts with appJrcable taw,such confl�ct sha/1 not aNect other provrsions of this Daed ol Trust w.�:ch can
<br /> be given eltect without the conflicting provis�ons and to this end the provis�ons of this Qeed of Tiust are declared to ba severable. `,
<br /> 25. Events ol Qefault Each af the fo!lowrng oceunences shal!consUtute an event ol delault hereunder, (hereinaRer call3d an"Event
<br /> ul Qelault"): �
<br /> r�; Trustoi shal!fai►to pa��nr'�en due any p�rnc�pa!,;-:erest,or principal and+�•eres�on the lndebtedr.e�s. ,�� .�..
<br /> '�f Any wa ranty of title made by Tr,;s'cr herein shall be untiue, � •
<br /> (c) Tiustor shali fatl to observe or pe�s�w►any of the covenants,agreements,or condit�ons in this Deed of riust, ,�
<br /> '�! Any representahon a wananry made by Tr�sr�r on any tinancial stafements or reports submitted to Benaliciary by a on be►^�'`ol
<br /> Trustor shall prove fal;e or materially m�sleaC�r,g,
<br /> (e) Trustor sha/i fail fa ps�lorm or observe any of btie covenants,conditions Lr.��eements contained r�,or binding upon Trust�r undei '�,
<br /> any bu��5���loan agreement,security agreement,loan agreemont,linancing statament,or any othe�ag�eement,instrument or '
<br /> document executed by Tiustor m connection w�th the loan e.ri�pnced by the Note, ..
<br /> (/) A;r�stee,receiver c��r"quidaror ol the Tiust P�operty o�o/i rrsto�shall be appninted,or any of the credifors of?rusfor shall�`?a
<br /> petition in banFrruptcy�gainsl Tiustor,or for the:eorganizat,on of�rusto�pursuant fo the Federal Bankruptcy Code,or any s:.�r"3r
<br /> law,whefhe�federal ar state,an�if such orde�or petition shalJ not be discharged a dismrssed wilhin 1hiRy/30)days�fter tP�o date •
<br /> on whlch such order or poUbon was IrleU.
<br /> {g) �rustor shail lilo a petit�on pursuant to tho Foderal8ankruptcy Codo or any simtla�law,federal a�state, o�il T�ustor shall be
<br /> adjudged a banN�upt,or be declared insoiven►,or shall make an assrynmant lor!he benelit af c�editors,or shafl admit!n writing its
<br /> iRability to pay its debis as they becomo due.or shatl consent to tho appointment of a receive�ol all or any part ol the Trust Pioperty.
<br /> (h) Final/udgmenf for the payment o1 money shall be rendered agAinst Trustur and Tiustor shal!not d+sch�ige fhe same,a cause if to
<br /> be discha�ged.within ttirty/30)days a9ter the entry thereo%a shall not appea!theiebom or lrom the o�der, Uecrea or process upon
<br /> which or pu�suenl to vihtch said�udginent was grantod,based,or entered,and secure a stay ol executron pending such appeal,
<br /> (y Trustor shall sotl or convey Ihe Tiust Pro�erfy.or any paR thereol,or any�ntarest there�n,or shaN be d�vested ol its titto,p�any fntervst
<br /> thereln,�n any mannei or way.whvthQ�volur�ta�ity o�involuntanly,withuuf the w�dten consont ol FJanefic�ary baing brst had and
<br /> obtain9y,or
<br /> U) 11 trusto►!s a Go�porahon a partne�ship and mare than/�fty percont f50�'o10l th�sharos a banolic�a��nterasts a+SucH cUrporatian or
<br /> partnershlp,as the case may be.shail be hansfened or Convayed, wlrefhor valuntanty or mva/untanly, wilhout tha widton consent v/
<br /> Bonolicla�rybeingli�sthadandobta�ned. See F,xhibit "A" far ZS (k)
<br /> 26. ACCeterAtrbn of pebf;�a�eclasura. Upon tho accurrencd oi�,ny Evu�+t al dolaulf,or t�ay hmEr therealla►. HenvbC.•r�ry rn�y, at i�s ophon.
<br /> decla�o a!I ma Indabtelness secu�ed horeby,mm�,dlafely due and peyable and tho samo shall be�r�n!�rest�rl thd dolault r�it�e,d,�ny.
<br /> sot forth�n�f�a Note.ar a:he�wrse at lhe Ir�ghos;rdtE�permittdd by law,and.�rrespechve ot whetno��:r.-�eliciary exercrses sa�tl nphan,rt ''�`�---`
<br /> may,atilS option anU ra rts sole cl�sc�32ion,w�thoul any lurther:�oti�e or dOmand t0 Or up4R Trust?r. do one or morQ of the lo�lowing; '
<br /> (a) Benefrcrzry may enter upon,ta'ro:�ossesston of,managa�r���p�rai�the Trusf prapeni:.r�w,��;�n thereol.� make repa�rs�nd
<br />, eftorat�ons and da a��_y a�ts vih,ch Ben�liciary deems prOpor to p�otect the secunty therecf,a^�ert!�er v�iith a�w�thaut fakfr.g
<br /> passeSSlon,in�ls osvr.n�mv,uU0 IOf Ol OIhEfWI$q COI/UC�7f1(J/UCfllVB rHl1?s.�ssues and proh:s. ����udmo thos�past due arW:�.�ae�d.
<br /> nntl apply tho sa�a,lass costs and exponses o!operatron and collecb�n.rnC�Uding r�aSOnaG.c att;�^ey f��s anci Bonol,c��r�s ��
<br /> casts.upon tho lndc�bt�dness se,c:lrecl t�oreby ancl�n such ordel�7s BeR�lrcrary may c1e!e�r�ne U�c-�:�equest t�i f�[�no/ic�ar,., 7.;�;•;,r
<br /> sha/l ass�mblAard shal!make�ra���ablo to Bonplicr�rry ary,nt th�Trust PropaKy whrcn�as beAn rFr�ovad T.fie�ntc�nny upon and ���
<br /> � fUkin��as;F�sslorr cl,qr TluSf P�Opt�rry, tho collecUan of a!-,rrents,rss�es and prof�;s_ ��,n;n�a��f eatron tl�E�r_t�'as a'ores<:.'.���ei;.
<br /> nuf Cu�a.'b�vYEil'!E?EC',,/'IC�c7U/�1fi91C�QlOIO 07 P"�J'F,J�Or OGCU�'�r,�j. r,'P."ar.'•ny I�OIICC C�f(7EtidW!C� ':!'!CE 0l Sc1/P�E�It'JI`:1r�r".
<br /> �r)V8f!C1iih3clf% A�!:J'T� LtSilAI11108I1 � V � �, cj�
<br />_ �r p y;u�` ^5'::e �Jorr�:,nS'an:!^,:-�.._<,c�r,iry s�.,nb��u�rr,��p,,�p;JSSVS�ron o�rr-CErq�l d�:� ia.
<br />- ap�l;c:�itrnn ol iar;; -;;ues or prof�ts, Berrai�c;�=;�sh<�11 t;e�,�,�'��:!ro c�.E�°.sc�eve,y nryht prnv,ril�N fn�m fhis (�<�eri nf Trust i�r r,y Irnt tt9�
<br />: upon vr f�llpr IhC bCCUrrCrJrE�o/tin Ful�nt 0��E�IRII/l.ItTCh,�CI.^iJ;h(�hlfhf ID bKC►GiSf7 IhE'f�I�WGt td.SiNC' Afry pl IhB�r!'/�I�n.t�NIE?IIPd lU iri _ j���
<br /> Ihrs pt�►rtrr�UUtr m���bU l�Ti�G��t�y f3Ein�/rLtary a►SUCit trme a:Lfeno}�c��7ry may determrnt�wdnnut r�rc���n1!rr N�E�arhrrlurar,y�t any
<br />- s�.�t.,�nfy/nr Ihe Irrrlt�btE�tlnr�ss�.or,r��ed trrJruhy '
<br /> �tr� E;c�nrl,r,:�r�<.±i;�!/. tiy�(irr,r�f�ax�;urf fo t!m.i�1G(;uftCy erl,rny S!�tnnlylnr llrr•Intlrhtcrtrrr°•�. �.r�-rur rl 1�4,•nl,�� t,i•e.�,�,14•r!��•tn,.
<br /> :�Fi(Jtr:r����u•nt!�/if in,F,,,rr�r t,y c��iy t aWt h<ivir�q 1�i�r•.dit fu�n Yiidmul ru,h�:(� t-�t.l1����,r,;.�.�.�.<.ur,„r t.�,,.,, . ��,�t���.u,.�U�,.,,�� i� ,
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<br /> ' I ��f'���i�.�,,�/y r.r;lj/��rJN�;Ili�/.�.yvilt iry.p��/N/t/I���f�l•�JN�(nl�/�i�r�C,p;�f.,��,���l. � �.�r� ��••, f..! i .�.. . �,•l� .,�•.i•��. ��.., �
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