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<br /> ' 16. C,'ovenonts �f tra.istor with Fospeat to Leases. Vlfithout the prior w�ittvn consant at Benef�ciary, Trustor shall nat, d�roctry or rnd�roctty,
<br /> ' , • wlth respsGt ta any laase al spaaa/n the Trust Propeity,a any pvrfion thvrool,►vhether such lease is now or heioafter rn exlstan�o�
<br /> ' (a} Acempt o:,aera�nit any prepaym��f,discaunt or advanco payrrront o!ront hsreundor rn oxcess ot one month,
<br /> (D} C9n�o!o�termin4te fhe s�rr!e,or ar.r.ept an}�cancellaiion,tormination or surrander thareot,or po�m;t nny ovont to occur which woulci
<br /> cecur theiauncier to te►minate or cance!the same,oiher than te�mination lv►npnpAymorrt ol rant,
<br /> � (c) Amend armaa'i'ry the s�me so&s ta reduce the torm fhereol,the rental poyable theraundar,or to change any ranewaf provisicns
<br /> thera�n co�uained,
<br /> (�) Waive�y da�autf fherettrrder ar breach thereot,
<br /> {@) QIVB any conasnt,w�alver c►rspp fava/thereundar or take any ath8r action in Connection therewith,or wrth a lessee thereandeF,whl�h
<br /> would havathe eh'a�t al impalring the value of fhe lessor's inferest thereunder or the prope►ty subject thereto,or ol impairin�tha
<br /> i position or+nYstest;ta�',8enefialary iherain,or
<br /> ; (� Sell. ass)gn,pfedge, monga�a or otherwrse dtspose of,ar encumber its incerest in any said lease or an y rents,issues,R�oBts issuing
<br /> ' aarising there�ender.
<br /> ; � t 7. Wal�er o/Stat�of Umitatlons,l'�tna Is of tha assence in aD of Trustor's o4ligations and duties hereunder,and to the extent permitted
<br /> � by law,Trustor wa;ves al!p�esent or futuro statutes of Ilmitations wit►�respect to any debt, demand or obligation secured hereby and
<br /> � eny action vr proceading fo►the pwrpos�ol enf+�rCrng thls Deed o!Tiust or any rights a remedies confained hereln.
<br /> i � 19. Asslgnment of L�eposits.ln the eVent canstnrction of improvements is coniemplated by the/oan evidenced by the Nate secured
<br /> ; fl hereby,as addiiJOnal securiry therefote, Trustor hereby Uensfers and assigns to Bonelic�ary,ali rig�t,titie and inferest to sny and a!1
<br /> , � monles depos�;ed by or on bahaN of Trusior wfth any crty,county,publlc body or agency,sanitary distrrct,utiliry company,and
<br /> any other body•�r•agt�r�cy,lor ihe lnstafiation or to sacure the iRStallafion ol any utliity by Tiustor,pertaining to the Tiust Property.
<br /> 18. CorporaUon or Par��ar•sh�p Existence,Jf Trustor!s a c�rporadon.genera!paRnershlp,or limited partne�ship,it will do all things
<br /> � d necessary[o preserve its corporaie or paRnership exrstence,as the case may be,and all rights and privileges under the laws ol the
<br /> � � state of its incorparatioz�a organlzaUon.
<br /> � � 20. Faboarance 6y Bane�ciary Not a Walver.Any forbearanco by Beneficlary in exercising any�ighi a remedy hereunder,or othen�vise
<br /> � aflorded by app/lcabla Iaw,shalf noi be a waivar of or p�ecluda ihe exercise o1 any such right or remedy. The procurement of
<br /> � insurance or the payrixent of taxes o�the dlsoharge of liens or cnarges by Beneficiary shatl not be a waiver of Beneficiary's righl fo
<br /> eccelerate ihe matur�Yy.•o1 the Ind�btedness.
<br /> �+ 21. Remedies Cumulative��(t ramedies provided ln thls Deed of T��tsi a�e d;stinct and cumulative to any other rlght or remedy unde�this
<br /> Deed ot Trust Or alfaded by!aw pt equiry,tind rnay be exercised concurrently,independentty or successively.
<br /> • 22. Successors and Assigns Bound;.�oint and Several Uability;Captions. The covenants and agreements herein contained shafl bind,and
<br /> the rights hereunder sha!J inure to, the respeCt/ve successors and assiqn.s of Beneficiary, Tiustee,and Trustor.All covenants and
<br /> ' agreements o�Tiusior s3�a11 be jolnt and several. The captions and headings ol the paragraphs of ihis Deed o1 Trust are lor
<br /> conventenGe only and ara noi M b.e used ro Jnterpret or define the provlsions hereof.
<br /> ± �3. No0'ce.Except for any notice requi�d under�pplicab/a faw to be given in another manner. (a)any notice to Trustor provlded for in thls . .
<br /> � Deed o�Trust shall be glven by mait�hg such notice by certi�ed mail,return receipi requested addressed to Trusior at its mailing
<br /> address set forth ebove or at such oiher address as Trustor may designaie by no*ice to Beneficiary as provided herein,and(b)any '
<br /> notke to Benehclary or Trustee shall be given by certiNed mail, ietu�n receipt requested,to Beneficiary's and Trustee's mailing
<br /> addrass siated herein or to such aiher address as Baneflciary or Trustee may designate by notice to 7rustor as provided herein.My
<br /> notice prov:ded!or in ih;s Deed of Tii,st shal!be dsemed to have been given to Trustor,Beneticiary or Trustee when given in the ;
<br /> , manner desi9nated he�eln. �
<br /> 24. Qoveming Law; Severabiflry. Thrs Deed of Trust shal!6e goverrred by the laws of the State ot Nebraska. 1n rne event any provision o► �=—
<br /> . .,..:., a::..: ,.. ,:_ �...n . .,.... • s.w:..n.... .r«.......
<br />�� - v►avav t7t nrro Lvo����Tllo�1".a'37rrww�ise�applrcubra�ati.uiiv�viiTr�r.v=ur�vr.i7'JZ v�o�i��urv�SIC'ii.vii3:lu vr �nro wv�s'�r •.w�..:Tl�vo:t - ..
<br /> ; De glven elfect without the conflicbng provlslons and to thls end the provlsions ot this Deed of Trust are decfared to be seve►abte. �
<br /> i 25. Events ol Defauli.Each of tha fo0pwing occurrences shall consiifute an event of default hereunder, (hareinafter caqed an"Event . -
<br /> , of Defaurt"): � , .�.
<br /> (a) T►ustor shall fail to pay when due any principarl.interest,or principa!and interest on the/ndebiedness, '�:
<br /> (b) Any warranry of Gtle made by Trustor herein shad be unhue, i
<br /> (c) Frustor shall fail to obsenre o�perform any bt the covenants,agreements,or conditions in this Deed of Tiust,
<br /> (dj Any representation or wananty made by Tiustor on any linanciaJ statements or repons submitted to BenefiCiary by or on behalf of
<br /> Trustor shall prove lalse or materially mfsleading,
<br /> (e) Trustor shalllail to perlorm or observe any of tha covenartis,conditions or agreements contained in,or binding upon Trustor under � � '
<br /> any buiiding foan ag�eement,security agreement,loan agreement. l;Rancing statement or any other agreement,instrumeni a � ,
<br /> documeni executed by Trustor in connec6on with the loan avidenced 6y the Note, ��'
<br /> (l) A hustee, receiver or liquidafar of the Tiast Pmperty or of Trustor sha/�be appoinred,or any of the c�editors of Trustor sha!!file a #
<br /> �vetr[ion irr bankruptcy agairtst�rustor,o�for ihe reorganizatior+ot Trusior pu►suani ta the FederaJ Bankruptcy Code,o�any simifar
<br /> law, whether federal o�state,and if such order or petrtion sha!!not be discharged o�dismissed within thirly(30j days after the date �
<br /> , on which such order or pet;tion was�iled,
<br /> '� (g) Trustor shall Irle a petition pursuant to tha Federal Bankrupicy Code or any similar law,federa/o�state, or i/Trusta shall be
<br /> ;' adjudged a bankrupt,or be dec/ared inso/vent,or shall make an assignmenf for the benefit of creditors,a shall admit in writing its
<br /> Inabrliry io pay�ts debts as they become due, or shalf consent to the appointment o1 a receiver o1 all or any pan of the Tiust Pioperry.
<br /> � (h) Final�udgmer�t for the payment of money shaJ1 be renderest against 7rustar and Tiustor shall not discharge the same,or cause it to
<br /> • be dischargea�,w�th�n thirty(30)days a/ter the entrp thereaf,or sha1J�ot appeal theretrom or from tha order,decree or p�ocess upon
<br /> whic/►or parsuant ro whicH said�udgment was granted,based,or enter�d.and secure a stay of execution pending such appeal,
<br /> (i) Trustor shall sell or convey the Trust Properry, or any pa�t thereof or any inieresi there�n, or shail be divested of its tiile,or any rntarest
<br /> Qherein,in any rnanne�a way,whethar volunt8ri/y or i�volunPa�ily,wifhout fhe wriiten consent of Beneficiary being first had and
<br /> vbtarined, a�
<br /> (J) !!Tr!�st�+!!S 9 rnrnniahon or narmershio and more ihan fiftv neicent d5a°%101 the shares oi benefiCia�inte�ests rn suCh co�poiation or
<br /> partne►sh,p,as the caso may be,shall be hanslened or conveyed, wheii�er voluntariJy or involuntarily, withouf the wrinen conseni o1
<br /> Beneficit�ry ABr�t�lnst hAd and obtained
<br /> 26. AcCeleiehon of Oebt:Fo�oclosure. Upon the occunence of any E've�t o!Default, or any nme therealter. Benetrc�ary may,at�ts ophan,
<br /> declare all zhe IndebtaOness secured hereby immediately due and payahle and id�e same shall bear interest at the delault rate,if any,
<br /> sot forlli In tho Mvlo,or othvrwrse at the highest�ate permirred by Jaw,and,inespecuve of whether Benefrcrary exercises sard option,it '"- -
<br /> neay,at its ap6on and�e�ils sole d�scre6on,wrthout any further r,odce o��lemand to or upon Trustar,do one or more of the lollorvmg; '
<br /> (a} Bonvlic����ymay�nt�r upon, take possession o%manage an�npe�ate tf:e Tiust Property or any paR thereof,•make repa»s and
<br /> �ftorrst�ons onc!U�i�rry�zcts wh�ch Benef�ciary deems p�ape+to protecr zt;e security thereof,and either w�th or w�thout takrng
<br /> possoss,on,�n �ts own r�amc,,sue for or othen�vise collect and�Eeetve reris.�ssues and prolits. ,nc�ud�ng those past dua and unpard.
<br /> t�nU appf y fho snmo. lvss cosfs and vxpanses ol oparatior.ara�coflectro�.i�cf;��'��;g reasonable attomey iees and Benehciary�s
<br /> Coses.uV�nfhv Inelnr�?ednoss secu�ed hereby and�n such ar�eras 8sraef�ciary rray deferm�ne. Upon request ol 8enefraary, Trus�or N�
<br /> L shA!!nssumblp nnd shau rr►akv�va�lable to Benebaary any o.'the Tr�vst?roperfV whrch has been removed The enter�ng upon and �
<br /> fdkrng pp;soss�on of lho )rust PiopeRy, the collectron ol gn f rer.ts. assu�s and prof+ts,and iho appl�cat�on thoreol as aloresa�d. shau
<br /> not�:urp ar�v�r�vo f�r�y tlala��tr rno�erolo�e o�rhereafter occ�r.�,ng,or a�'eet any�o+,ce ol default or nonce ol sale hereunve�o� �s
<br /> �rn.rhdafe r+ny uct dr•no pursu�nl to any such nohce. NUhv�.•Ysland::�g Benef�c.ary s contrnuance�n possess�on o�rece�pt and h
<br />, g�nbr�fr!�!�P� fe�!�. �«!�e�s c��prnhta fit�nnl��rary.chaf!be en?:�'ed r�exe�c�se e:ery rlght prowdeU�or rn th�s Deed of lrust o�by�aw ��t3 f
<br /> upur�o���l�or�!,o u,c ,nr��,n c�ut,r�ti Fve»t ol Delau/�.�nclud�ng the r,yh.r�c• exefc�se thb powe�o�sa�e Any o!the achons•etarred to��, �,�E
<br /> fhiS ��,tr,t�)�dpl'�rndy l�t�Ii�ME�n hy f3er,ef�c�ary at such hme as Eere`rc�ary ^'�3y dQ!E/R71IIQ Wi(hOL��8(,Jdld t0 fhe,'�d�0ut3Cy C.!�r�y fi
<br /> SCC::udy t��rllrf•Inrlr!�t„c.inf�«�tu.�,rr�d h�lieby
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