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<br /> 1S. Covenants af Frusfor with Respect to Leases. Wirhour tfre pRVr written consenr ot Benetrciary, Fr�stor sha'1 not,drrectl�or indireCtly,
<br /> with respect to any tease of space in fhe Trust Piopeny,or any porilon thereof,whether such lease�s now or hereafter in existence:
<br /> (a) Accept or perrtZi:any prepayment discount or advance payment ot rent hereunder rn excess of one month.
<br /> (b) Cerrce!^r tet.min.ate!he�.zs,�,�:9c�t+p::.:sy ca�c�!lation,tarmrnati�rr a swrentJer thereaf,or permii any event fo oCCUr whrch would
<br /> : occur thereunder fo temrinafe ar cancel the same,other fhar►terminaDon for nonpaymertt ot rent,
<br /> (c) A�ertd or modity the same sn as to redace the te�m thereof,the rental payab/e thereunder,or tq charrge any renewal,orovisions
<br /> � fha�Bin cantaineQ, •
<br /> (d} Waive any defaull fhereunder or breach thereot,
<br /> (e� Give any cvnsenl, waiver ar approva/Ohereunder or fake any ofher acUon in conrrec�on fherewith,or with a lesses thereunder,whiCh
<br /> , wauld have ths effect ot impainng the valus of tha lessr�r's fnte�est thsreund�r or the property sabjsct therefo,or of impairing the
<br /> position or+nferesf af Bsneficlary therein,or .
<br /> (fj Sel1,assign,ptedge,mortgage or athenr��sg dispase of,or encumber its inierest in any said tease or any rents,issues;profi!s�ssuing
<br /> or arising thereunder.
<br /> t 7. Waivar of Statute of Limitations. Trme is oi the essence in a!1 of Trr�stor's obligaUvns and dufies hereurrder,and ta!he extent permitted
<br /> by law, Tr�sior waives atl present or fudure statutes of limitaffons with respect to any debt,demdnd or obligation secured hereby aad
<br /> , any acUon or ptocseding far the purpose of enforcing this Deed of Trust or any rights or rerrredies contained herein. �
<br /> 18. Assignmen[of�posits.ln the event corrstruction of improvements is contemplated by the loan evidenced 6y the Note secUred �
<br /> hereby,as addiC�nal securiry there%re. Trustor hereby transfers and assigns to Bene�rciary,a!f right,title and interesi to any and a!!
<br /> . monies depos.�ted by or on behafi a/Trustor with any ciry,counry,pub/ic body or ag�R�y,sanita�y district,utility company,artd
<br /> arry oiher body or agency,for the installation or to secr�re the rnsta!ladon of any utility by Ti�stor,peRafning to the Trust Property.
<br /> f9. Corporation o�PaRnership Existence.!f Tius[or is a carpora�on,generat partnership,or limited parbrership,it will do alJ ttrings
<br /> necessary to preserve its corporate or pannership existence,as the t;ase may be,and all righLS and privi/eges undar!he laws of the
<br /> state of its incorporation or organizabon.
<br /> : 20. Forbearance by Benenciary lVot�Wai�er_�ry forbearance l�y Beneficiary in exe�a:sfng any dght or remedy hereundar,or othen�vise
<br /> allo�ded by app�icabte law, shall rrct.Uc��yaiver o1 or preclude the exercise of any,�:�ch right or remedy Th��rocuiement of
<br /> insurance a�the payment of tarr��:-.;.r��charge of lien,^or charges by Beneficray�shall not be a waiver af HEneficiary's right to
<br /> acceleiafe the maturity of the Irtdee:r�,-c��.
<br /> �1. Remedies Cumulafnre.Al!remed,`�s,c���:��W::�this Deed of.Tiust are disbnct and cumulative ta�r,y�therdght or remed;r unde�this
<br /> Deed of Tiust or alfo�ded by law or e�::�i�,.a�may be exercised corra;:7ently,independently or se.ccassivel�._
<br /> 22. Successors and Assigns Bourtd,•�lair,t��:�2verad Liabiliry;Capfions. The covenants and agreements herein cc,�fained shall bind, and
<br /> ti�e righfs hereunder shall inure to, the r���.��tive successors and assigns ot Beneficiary,Trustee,and Trustor.Ali covenanis and
<br /> agreem.ents�f Trustor shall be joint and se�+eral. The captions and headings of the paragraphs of this Deed of Trust are lor
<br /> convenisnce only artd aro not to be used�o�r�'erpret or deline the provisions hereof. �
<br /> 23. Notice.F�rcepi for.�rsy notice requi�ed ur.c��-applicab/e/aw to be given in another manner,(a)any notice to Trustor provrdc-ai for in this
<br /> De2d af Trusf shall be given by m�iling su�''nofice by ceRified mail,retum reCeipt requested addiessed to TR.:s�orai its,^;a7ing �
<br /> addr�set forth above or at sucM other a��ress as Tiustor may designate by noficc-'o Beneficiary as provi�:R•��rein,an.�(b)any
<br /> notice tn Beneficiary or Tiustee shall be 5:��a by cerlifled mad,retum receipt reque�red,to Beneficlary's and:'��stee's mG:':?g
<br /> addrsss stated he�ein or to such other a�yra�s as Benelir,iary or Trustee may designate by notice:�Trustor as p�ovided hc-��r.�.Any
<br /> notice provided for in this Deed of Trust sh�l be deemed to have bean given fo Trustor, Be:reficl�ry or Tiustee when given rR��re � �
<br /> manner designated herein. ,
<br /> 24. Goveming Law;Severability. Th=��eed ot Trust shail be govemed by the laws ol the State ot Neb�aska. /n the event any provision or
<br /> clause of this Oeed of Tiast t�c^�,rc^.s with applicab/e law,such con/lict shall noY aHect other provisinns of fhis Deed of Tiust which can ' �
<br /> be given eflect without the con.`lrc�ing provislons and to this end the provisions ot this Deed of Tiust are declared to be severab/e.
<br /> 25. Fvents of Default.Each o/the loltowing occunences shaJl constitute an event of default heieunder,(hereinalter called an"Event
<br /> of OelaulY):
<br /> (a) Tiustoishall lall to pay when d:.��any p�irtcipal,inteiest,or p�incipa!and inter�st a�t��^e lndebtedness, •
<br /> (b) Any wananty o!title made by Tr�r;!or herein shall ba unhue. � {.-��
<br /> (c) Tiustor sha//fail to�bse�ve or p�rlorm any of lhe covenants,agreements,or Gona:::c.%s in thls Deed of Tius►,
<br /> (d) Any representatFC�r�r wa�ranty made by Tru�tor on any linancial statements a repcns subm,C�;to Benelrciary by or on beha!l of '
<br /> Trustor shall prove,`alse o�materially misleadrng, '
<br /> (e) Tiustor shali lail to per/orm or obseroe any ol the covenants.conditions or ag�eements contained in,o�binding upon Tiustor under '�I
<br /> any�ruilding toan agreement,secu�iry agreement,loan ag�eement,linancing statement,or t�ny othei agreemQnt instrument or
<br /> docc.�3nt executed by Tiustor in conneCtion with 1he loan evidsnced by the Note,
<br /> (� A trust8e,ieCeiver or liquidatol of the Tiust Properry o�ol Ti�stor shall bo appointeJ,or an�o/the credi!ors o!Tiustor shall lile a
<br /> pe;�uon in bankrup!�y agains!Trustor,o�lor the reorganization ol Trustor pursuant to the Federa!Bankruptcy Code,or any slmilar
<br /> /aw,v�rhethe�lederal or stats,a.�d i/such order o�petition shall nof be discharged or dismissed w;thln thirty(30)days after the date �
<br /> on w�":ch such order or pet:;ior.;vas lifed,
<br /> (g) Tiustor shall file a petihon pirs�ant to the Fecle�al Bankruptcy Code or any simila�law,lederai or state, or�'P�usto�shali be
<br /> adjudged a bankruflt,oi be declared►nsolvant or shafl make an assrgnment for the benelit ol cred�tars, or shall admlt in N�iiting its
<br /> inabi/iry to pay�ts�sbts as they become due,or shall consent to the ap,aointment of a receiver cf al/or any pan ol the Tiust Proporiy,
<br /> (h) Final judgment/or the payment of monQy shall be ronderod against Trustor and Trusfo�sha/!nct d�scherge tre same,or cause it ta
<br /> bv drscharged, within thirry(35,days after the enhy thQiQO%or shal!not a/�pea!the+�`�om or Irom fhe order,���..ree a proce�s upon
<br /> whic-�or pursuant fo which s=_�judgment�vas granted,based,or enfered,and se�u�e a stay of executron pendrng suCh appeal,
<br /> (i) Tiustor shall sell oi convey fhe Tiust Property,oi any part theieof, or Gn�r rnteresf therein,or sh.all be divested o1 itc titlo,ar ar.ylnterest
<br /> theiein,in any manner o�way,whether vo/untanly a invviuntari/y,w�tho�.the written consert c��sne/ic;ary being first hae�Gvrd
<br /> obtainod,ot
<br /> (j) !t TiuStOr is�corporation or pa.��ership and mwe than f,t?:j perconl�50°ia)o!the sh�r�s or beneficial interests�n such corporation or
<br /> panr,ership,as the case may be.shall Ce transferred or c�nveyed, whethe�volunt��•��or invatuntanly,uvithaut thn w�llton consent af
<br />• BeRe"ciary being/irst had ar.d�_"5.'ainerl
<br /> 26. Acce�etatron ol De�t.•Forec/osure. Upvn the a�•clrrenca o/any Ever-r c.'.7elauli.or any lime rher�,:;Hnr, Benolicrary may,at its optian,
<br /> declare all the lnc�w'adness securedhereby::�:mediately�f���na pa,�ab/e and tha samv sha�t�e�r;nterest af the dofautf rafe,il any,
<br /> set lorh�n the Note,or otherwise at ing highest�ate perm,t�ed by law,and,irrespachve ol whet��r Benefic�ary exeicises said option, it '-� '-
<br /> may,2'�ts optian and rn its sole c>�rotron,without any furthor natic�ar demand to or��on Trus�or,do one or more of Phe/ollowing; �
<br /> (a) Ber��l,ciary may enter upon..*dy�possasslan of,manage and operato Ihe Trust P�cc��'y cr a^y pari ther�al,maka rv��ans and
<br /> aRe�ations and��a�y acts w,r•,ch 9ene%c•;:��deoms proper to pratecf the secun.hf tr.;;r��s. G^.��,thar with or w�tirout fr�king
<br /> possession,in�., :;:.�m name,sue for or ott�rwise collect and receive�ents.�ssues�,^��rG''s.:rcluding fhasa past cluo and unpard,
<br /> and 9ppty the same,less costs and expenses of ope�atian a�rd cotlechon,�nclud�ng ieasonable attornoy less��rd Benefrciary's ��
<br /> �rh;t�,U�n ttss Irttlebtsdnass se�•urvv herdby and rn slich ar[!er�s EfFmef�ciary may dete►minc. Upon roquosl at f3enofrcrary. Tiusfr�i
<br /> sha!l t�ssomb/p and shall make avarlable fn Benehcit�ry any ol tl�� r�ust PrapeKy��hiCh has be�on removeri ThQ antoruiy upon�ind y�
<br /> tak�r�passession ol the Trus!Hiopeny,Ihe collaction of any rvnts. �ssues and prohts,and fhe apnlicr�hon fhcr���f��s��loro;;�rd, shtr�l � (�C}
<br /> not curo Ur w.�iva any dolauit lhoretoloie vr thoraaltor accunnry,pr atlor,t�rny no6cc�al dolaulf ot npGco 01 st�/tr ft�reuriclet ur ,��
<br /> �nvalydato any acf Hono puisu�tint tv a�iy such r�aticv. fJot�rnthstanH�rrg Berrel�c�ary s cant�nu�u�cc ur pc�ssc�ss�nrr t,�rvr.a�pl r�r�d ►�.�
<br /> ���iplrctttrar nl rent5.I5S(/95 U/�tOI/IS,B9lIf3Illvt�ry shall bo�ntif�ed to�ix�rc�sc�avc�ry nq�r!prc,v,cfc��f ior�n tn�s L�r�rn ot l,usr rn n�r,,w �tcs�
<br /> upon or�/lor Ihv occu�r�ncc+ul�r►,Eve�rt ol Ue/ault,inCli�Uurg thr�►�yhf tv�•xtrr.�sv tlre l�cnvc�i nl�.;�ro Any o►thE�;rrh�u�s rr�lenfid i���n �
<br />_ Nus per�rry�a�ir mr,�nn rake,�t,y�enahaary et sur.h��mv as t��,nc�r�c��+ry�.,�ry der�,��,,,,c�rn(huut reydni Ic��ho;trinqu,tcV uf a��y `
<br /> sucunfylvr Ihu lnUobtecb�e�x�er.urud�rvret�y. �.
<br /> 'h/ f�pnDfl(.,,7ry crr�i't. v„ttrc�ut�E�ilartJ ffi fhr,��duquaCy�,f t3ny Sncunty fur tlrp Irrr!«1�tttdrr,tis: •.r��v;�n ntv�•;,y t:�,nnt��l�tt t�,fhr
<br /> reppnndnre:��tnf;�rnr t��✓tr h�:ltry r nuH h�ry�rrf!lure.5d�t.hrm t��dhpt�t fre�tr�r R+Clkr•�v,:sn-.�.,•,��,�� �u���r< f .�rv/,.l��n��ij�. ,�,,. 1�i, .�
<br /> i�rorit�Ny:�n�(�,�;�,r;da lhr�°..11�Hr,7.'rU f��11Bt1 Ihn Ihhl;.�<.�:w��.,�hN tr��hLti fh���r�rnm
<br /> -r r finrurhr��rr�m:i/hr,�:t�:n��.n 1 rn ���nr�1;uurt!it r:;mf��ti�t�tit3tih•.d�� trn��r„h.,r�t �,,.,.�;,,. ��.�,.rt •' ':�r.�, .•.,�., ,� �. � , r��.,. _.._.�
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