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<br /> 16. Covenants ol trusto�wiLh Res�ect tt�Leasas. W�thout ttto prio�►vr�iton consent of Bansl�c�c�ry. Trusta►shAll not.cirrecUy or�ncl,rectty.
<br /> w,lh respect tn any lease ot space►n the i7us[ Pioperry,Or�r�y pc+►itt.►n fhE3repf, whEther sirC.h lease�s r►ow ar hereafie�in ex�stence.
<br /> {a) AGCept or perm�t any propaymont, discount or advar�CO paynient o!ront heroundor rn oxcCSS o�ono month,
<br /> (b) CanceJ a tennfnate the sarno,ur accopf any�cancellation,termination ns sunendor therevf,or perm�t any event to occur which wo�ld
<br /> occur thereunder to terminate or cancel the sAmu,other than temunation lor non�ayment of rent,
<br /> � (c) Amend a modiy the camp so ss to ieduce rhe term tl►eroal, the rentat paysb/e thereunder,a to change any ronewal provisions
<br /> tl�ere�n cantNrred,
<br /> (d) {MeFve any defau�t therearide►w Dreach thorevf,
<br /> je) Givs eny Conse►nl,waiver or approval thereunder or take any other action in connection thereKriM,or with a fessee Meraunder,whrCh
<br /> would have the etlacf oflmpalrirrg dee value at the lessa.'s rntetest thereunder or the properfy sudject thAreto,or a!lmFairing Ure
<br /> positron a lnterest or Beneficlary therein,a
<br /> � � (i} Se�l,assign,p/edge,r:iortgaye or otherwise dispose oi,or encumbe�its rnterest in any said fease or any ients,lssues,pro/its lssurng
<br /> �' a arising thereunder.
<br /> � �` 17. Waiver of Statuta ol Umitations. Time is of the essence in a�l of trustor's obllgafions&nd duties hereunder, and to the extent permitted
<br /> , G1� by law. Trusbr waives all present or future stafutes o/limnafions with respect to any debt,demand or obligadon secured hereby and
<br /> � , � eny aCtion or proCeading tor fhe purpose ol enfacing this Geed of Tiust o�any r�ghts or remFdies Contained he►ein.
<br /> �'j 18. AssJgnment of Depos+ts.fn the event construc[ion ol rmprovements is contemplated by tAe loan evidenced by the Nofe secured
<br /> � hereby.as additional secu►iry therefoie,Trustvr here6y transters and assigns to Ber�efrciary, a!1 right,6tle and�nterest to any arrd all
<br /> ; I monles deposifed by w on behaH o/Tiusior with any city,counry,public body or agency,sanitary d►�trict,utiliry company,and
<br /> any other body o�agency,lor the;nstallation w to secure th� ;n:•allation �i any u.��ry hy Tru:'or,peRaining to the Trust Prope�ty.
<br /> p 19. Capaatiar a►Partne►ship Exfstence. ll Trustor is a corpwalion,general paRnershrp, oi limifeu partnership,it wi►!do all things
<br /> , Q� necessary fo p�eserve its corporate or pannershlp existence,as the case may ba,and all rights and pr;vileges under the laws ol the
<br /> � state o/!ts incaporallon a org�nizaeion.
<br /> 2D. Fabsarance by Beneficiary Not a Waiver. Any forbearance by Beneficiary in exercising any rlght or remedy here�nder,oi otherwise
<br /> aH�adsd by appllcable/aw,shal!not be a waive�ol a prec/ude the exercise ot any such righl or remedy. The procuremenf of
<br /> : insa►ance a the payment of taxes a the dr'scharge o/liens or charges by Bene�ciary shall not be a waiver of Berteticiary's right to
<br /> ; acce/eiete the maturiy ol the Indebfedness.
<br /> 21. Remedks GumWaNve. AH remedies provided in thls Deed of Trust are distinct and cumulative to any other nght w remedy unde►this
<br /> Deed of Trust or alMra�ed by law a equiry, and may be exercised concunently,independenity a successivety.
<br /> ' 22. Successors and Asslgns 8ound;Joir�t and Several Uab+lity;Captions. �he covenanis�nd agreements he�ein contained shall bind,and
<br /> the rights hereunder shal!inure to. the respecti ve successass and assigns ol Beneficiary.Frustee,and Tiustor. A/l covenants aRd
<br /> • agreements ol Tivstor shatf be joint end several. �ha capti�ns and headings of the parag�aphs ol fhis Qeed ot Trust a►e for
<br /> conven/ence orty and e�se nof to be used to rnfe�pret or define the prowsions hereol.
<br /> ` 23• Noi/Ce.ExCept tor any r:c;rse�equir�rl under applicab►p,faw to be��ven m arro7her manner. �a�any nofice to Tr�stor provided for i�this
<br /> , D�sed o/Tiusi shall be given by ma;:rr�suct►nohco Oy CeRified mail, return rece�pt reqr�esce�addressed to Trusfor ai�ts mallmg �
<br /> address see Parth above a at such o:n�er add�ess as Trustor may c�es�g»are Oy not�ce ta 6er�et�crary as prov,ded her+eln,and(b)any
<br /> _� : nobGe iv Ben9ficiary or Tiustee shatl be given Gy cen�fied mail,retum recer(1f r�qUBSted;t�Senafrciary's and Tiustee's ma�ling
<br /> � aGJre��tatad;arain�r to suct+cL7a:adCrais��ar.aticiary•or Trc�sr2,.�ay�asrgrra;.;by notr�s:�T,z;star w pra►irled tr2r;,i:r.:lrr, ; .
<br /> rwtice provided fo�ln fhis Deed of Tiust shall be deemed ro have been g,ven to Trustor, 8eneuciary or Trustee when given r'n the ,.
<br /> manner designated herein.
<br /> � ' �I. Goveming Law;5everaDiliry. This Oeed ol Tiust shall be governed by the►aws af the 5ta[e o/Ne6raska.In the event any prpvislon or ; .
<br /> clause o1 tR�s Deed of Trust co►tflicts w��appircad�e law.such conllict shall not&Hect othe�p�ov�srons o1 this Deed ol trust which csn . _
<br /> be given ef/ect without tlte con�lictrng provis�ons aRd so this end the provisrons ol thrs Deed of Trust are declarod to be severable. -
<br /> , 25. Events o1 Delault. Each�P�l�e lollowrng occurrences shal!constitute an event of default hereunder. (heieinalfer called an ''Event ;;�
<br /> o!t?alault"j: .
<br /> (a) Tnrsbr shat!lail ro pay wherr due a^y p�incipal.rnterest,or prrc�pal and rnierest on ihe(ndebfedness. � `
<br /> (b) My wananfy of tiHe made by Trustor herein shal!be untrue,
<br /> (c) Trustw shall/ail to observe or peAorm any ot the covenants,agreements.or cond�bons in this Deed ol Trust.
<br /> (d) My iepresentation or warranry made by Trusto�cn any Iman��al stetements or repans submined to Benelrc�ary 0y or on behalf o�
<br /> Tiusiw Shall prove false a materi�lty mis/eading. %,`,
<br /> (e) Tiusfor shalllail to perform or observe any of fhe coven2nts, �undrt�ons or egreements contamed in,or b�nd�rtg upon Trustor unde� � `
<br /> any building losn agreement,secwiry agreernerrs.foan agree,rent, l�nancrng statement,oi any oiher agreement,instrument or �'
<br /> document executed try Trustain connect�or► w,:�r che loan ev,denced by me Note, �
<br /> (f) A trustee,receiver or lrquidafor ol the T�ust Property or of Trusror shau be 4p�o�nted. or any of the cre�:ars ol Trusta sha/l Irle a �
<br /> peUtion in bankrvpfCy against Trustor,or/or the reorgan�zation of Trustor pursuant tQ the Federal 8an�ruptcy Cbde, or any s�r!r��r #
<br /> law,wheiher tederal o�state.and r`suCh o�der or petrt�pn Shall not be d�scharged or d:sT.ssed wrth+n thrrty(30)days afle►Ihe Ca:e
<br /> or�whrch such o►dor o�pehtron was f�ted, ,
<br /> (g) Tiusiorshall lrle e R���iron pursuant to the Federa!Bankruptcy Codo w any srm,lar law.iede�al or s;ate.or rf Trustor shall be
<br /> edjudged a bankrupt.a�be dec(ared insotvent.or shalf make an assrgnment lor the benetrt o1 cred:cc�s,or Sha/l admd�n wrr�ng RS
<br /> inabiliry to pey its debts as they become due. o%shal/Consent to the ap�orntment of a�ece�ver o/a11 er any part ol the Tiust Farape�ty,
<br /> (h) Fi�aJ�adgment fa the payment o1 money shall be rende�ed agamst Trustor and 7�ustor shau not d�scharge the�a-tie.or cause rt to
<br /> be drscha�ge�l, wlthin thrrry(30)days alte�the entry tnereo�. o�shal!not appea�therefrom or from the aaer.dec�e or process upon
<br /> which or pursuant fo which said�udyment was granfed,based.or entered.anq secure a stay ol execunon pencr;r.g such aFqeal,
<br /> fi) Trustor ShaH seil or cc.ntiey the Trust P�ope�ty, c�any part fnereof,or any�-�cerest Nfere�n,o�shau be d�vested of rts htle,or an�c r,r.�erest
<br /> theterr►,!t�8t1 y!tl31MFr��WBy,whBtltG!YOlurtf3tt(y Qt t!lvQfuntBJtl�,►Yr�0u2 L�:vr�tfen�onsenl Ot$��!�crar�Demg trrst faad 2r.-�
<br /> obtained,or
<br /> (�) N Trustor is o corpo�atran or paRner&hrp and more than f�ity percent(SG°o10l the shares o�benebC+ai inferests m such Co�poration G�
<br /> paRneiship,as the case may be, shal!be Uar�sfe��ed o►conveyed. rvhethe�voluntarrty o��nvoluntanty, w�fnout►he v��niten consent of
<br /> Benefrc�ary be�ag tust had arrd obta�ned. Se e �xh ib i t A f o r 2 5 (k).
<br /> � 26_ Accele�etion o!DeDt;Foreclosu►e. Upon the occunence ot arty Evenf o1 s?+�f,�uJt,or any t�me thereafter,Benef�c�ary may.at ds opl�an.
<br /> U6G/ff►b tl�/l�ltJ I►iQfI�IfBl7R@SJ JHGUICtI rilttCLjl ilitltltiflftlLCij/tYUb ti7t(f�'!tlYttYjiti tl�t(!IitE Jrif�itl Ji�dii utitfl�friC/CSP 8E trc uoiaii�i�af&.tl8.�y. ,-------_.-------
<br /> �� set loRls in che Note,or ofherw,se at the h�ghest�rate perm�tted Oy law.and,vrespecGve ol whether Benelrc�ary ex�rc�ses sa�d opben. �t •
<br /> may,et�ts optron and ut its sole d�screUOn, wdhout any lurther rrUCe or demand to or upon T�usror, do one�r more o/tha lollow�ng,
<br /> (a) Beneficrary may enter upon, fakd possessron of.manage and operate the Trust Prope�t}•or any pari thereol:make repa�rs and
<br /> alisretrons and do any acts vrh�c�►Benol,c�ary deems p�ope�to p�otect Ihe secur�ry thereol. and��tne�w�tn or w�thout lak�ng
<br />� possCSSron,�n�ts owrr�iame.sua for or otlierwrse cotlecf and�sceive rents.,ssues and Prat�ts. mc�ud�ng thost�pas!due and unpard.
<br /> and epply lhp same,loss Cosls and expenses ol operat�on�nd Co��eChon,mCludrnq ieasonablg attorn�y f�es and BenehCiary s t'
<br /> costs,upon the fndebiedness secu�ed hareby and�n sucn ordo�as Be�Tef�c�ary may a'arermme tipon�equest of Benehc�ary. Trusro� �
<br /> L sha1�essemblQ and shall make ava+table ro B�neirc�ary any vl the Trust Frop2riy wn�c+�nas been removea 1 ho a»fenng upon and
<br /> tak�nq possess��n ol the Trust Pruperry, the collecf�o��d�eny rents. �55ue5�nd prohts a�d •�te apP�rcaAon rhe�eo�as a/p�esa•d. snri�i �
<br /> ItL�t CurC Ot w8rve F3ny dBfciu/t thCrBPOfOrC Cr d':ere�Ner��ccu�nnq. o•atfer.t any�ot�ce �i dey��u�t ar nUtce c�!sa:e r,er�un�er U� �
<br /> mvatrdate any�Ct dono pu�suan[to�'tny such nohct� Notw,tnstanv�I�g BP�P�+C�B'y 5 c.PnGrs;,JdnCC�r1 n75S�.SS�J77 6//E'f,E'��t d�1U �O
<br /> ttppCCaUon ol renfs,issuos o�p�ohts. �3enohcra�y sha�/be ent�fled ro exe���se�r•vr�.ry �q���rT�nv-r7c•�f+r.�,r;!h,c !?ee<f�l i�ust or t����.t tf1
<br /> U��JDR U!dIIC/thL'OCCU/!c'/7C:'o�tin EvCn!o�(3c1nu•Y ��7C/lrCf�rt�fhE�f�C�h.••,,(�r�•r��,�n N'fi'('U1:(,•�.••- I f; ll�� ,ir t�,�� :�r:�•�S •�•��.••�,;�l,�•n ._�
<br /> h a a�r n iu in 4�,r ! e e. i.. .a. +�.. .�
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