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<br /> �=. - ���cl in�ar w,�l►Awp�cr ib ts�a.�,w�orAtns pror i�rrla�»�or�t a�e«�lFc��ary�r�O�Nno��ree�cEfj►a'k►d�c,'�fx: " � ` �
<br /> � wi�i nsp�cE h7 any IMmA W�ics in�frust�iop�r[y.tx ar►YPadon tl�ereot,whstlt9r 8uch kats/s nOw a ftsroaR+fr(r►eadalMes: ' ` .
<br /> ' , f+3 �aA��+�YP�+l�!���oradwrxepaymerKOtroniherward�rrnexcasolon��na+�M. , ° � �` ,
<br /> • jbj C+�ncN Qr trmtina[�e tlN a�r►s,ot at:c�jpt any c�rtcNitio►►:tenr�r►�O�on ot,stmsitdN�htreo%Or pe►n�ft a�►Y�wnt tb occw wf�tCA wdutd � ,
<br /> � . , a�:crw�rdrrt�t�rn�in�M a car�cM�►rR sar�►�.otha�n llwrm►r�aofon fbr rwapayrr�nt wr.enr, � • '
<br /> - (cJ ���e►Naenr.ao as t+a�.d�nce ehe rorm tlrsreor.ansra�oit��uyyeors�der.aerocnurQs�sr,y�r�r�twa►provfata►� ; . '` .
<br /> ' ;
<br /> ,. �j (d! M�aiw anY d�lauR Mrerw►�drr orOr�cA Msreot. , � ` `
<br /> � .� ��3 i�i+�+i any cora�r►�watver a approve��rerrn�ir a tit�a any amer�c�ierr trr car�n�c�on�vt�►.�w�r:hssas�d�e.wl�te� . , . -
<br /> ; wo�rd��.�ea a��,s+n�+�.a r�re�o�'s rr�e rneraw►�or a�e�,o�ry�er►.�r.u�.�r a�►,r�rr,� ��
<br /> . ;po.�eonarin�rrs,tore«�Ilctarya�.r�.r�►.or _ , . .
<br /> � ` (� SM4 a�aiQn►P�fpeR mor�a�Qs a odr�twf�a dFspo�s a/.or ericumber fts interast fn any safd Maae a arryr rsrrts.issue�s.Dro1Ks f�n+�tr�9
<br /> . k� , araN�r�y tfi�r�air►. ,_ ,. . .
<br /> " ; n. w.t�.rd S�o�.atl�.nre,��s an,e sa�e�ncer�an o�ri�aeors oa�ada,s and duae�tbrsu�der,and b n,.s�ir,e p.rn,�id .
<br /> ; , � byr t�w.TnNR�r w�iwi ilpne�nt a k�s atstuhs atireMheons with rpspsct to airy dsb�dernand or obAfpae�on a�cund l►snby and <
<br /> � ,w,y�rar,�.��x..aF►Q�rms�sae+,�rcr.,�r�rso�ar�r�►�y�rsw�n��r�n.r.�r►. _
<br /> i � !a A�n�r�t d D�poait�.M tla eMSnt construction aI knpr+rrvs►nsnt�Is ca�temp/et�ed Dy the loa�ev�dsnced Dy tlKlYots secursd
<br /> . � 1��,sr addlAi�r►al aecrwi[y er►errMfor�s.Tirula t,errb�r t►ansfb►s ara aa�rgns ro senslFCiary,a�nlgN�cers and���ny arxl aN. �
<br /> -:,i rt�olll�d�posi�DY Ot o/1 b�ha0'bi TltalDr witl�6/ry Clly.coui►KY.puW�C body o/eQsnCy.sanrtarY dfs0ic�uh�iiY�P�!Y•and
<br /> ..�, ,�rep oEh�rbody a sQency.lfor the insia�aEion a b secure lY�e insta�a6os oI arrY u6�iY bY Trt�sro'.�erta�Mn?t�the Trust Pro��srty.
<br /> _ � � ` : 1A Cp�GI�Q/!Ol Aaf�lL�f3MP E]d�sl�fJCB.H TtUSmf/9 8 CUIjlO/8b011.9�eneral paranership.a Hmited paroiershrp.it wilt do aAt lh/nga ; �..
<br /> �+�Y�P����aP��P e�tence.as tlts case msy bs,and aAtdgMs andprivileges urMK Mslawsotthe ' �
<br /> : ' � ,�w aia inca►poraaa,or orga�a�ion.
<br /> ` 2p Fab�rar►c�+by Brr�e�arY NOt a Waiv�sr.MylforbearanCe�y Benel�clary in exBrclsing erry rigMa r�rt�dy ltsrow►der.o►othe►wrss �
<br /> � i aA�ar�d�d 4Y�pl�cabls i�w.�pol nof bs a waivsr of or preciude the exercfse ol arry auch dgM a romedy.Ths pracixanerrt of , .
<br /> ;�: ' � M�ex Ehs pryn►snt olhxes or dre discharge otliens orcharges dy Beneffclary shall rat be a walver af BenelFc/arya ifgM to
<br /> .ccsMrae�,g►s manrrry a the�Reebceaness.
<br /> 21. ANr�d`i�Carx�InEtiRe.A��emedlss provfded ire this lleed oi�'rr:st are disbnct and cumutadve to eny other dgM or remedy under tl�s
<br /> j D�etsd of Trtrott drallbniisal by law or equfty,arr�c�rey De exercised carcusceRtly,Jndependerrey a successhrey. '
<br /> � 22, SuCCes�ors dp�A�.t�9w�i►d;",loin,t end Ses�a!llaWlity;Cep�ons.T!'�c+ovenants and agreemetns herein contarned sha/l Wnd.and ' �
<br /> . { tde'�hts 1rs�rde�r�raN hrt�►s M;t�ie.respective successas aird ass�gnss of Beneficrary.Trustee.and Trustor.Ali coven8nis mr9 .
<br /> .'.:�� � eproert�nb cf trustvr ahaW De joact�nd several.l'ire capbor�s and headi�gs o1 the paragraphs of tAis Qeed ot Tinst are ta .
<br />.,:-,: Corw�n►7�o+�ty en�aVe�not tt}Ltetased to intarptet 0►defrn�the provislons hereol. ;
<br /> � •` � 23 Notle;�.!&�ipt Ae►an�n�dce reqaw�d under apprl�able taw ro be gfvert!n another mannei,(a)any naNce to Tiustor provrded for/n thls �
<br /> , � �� ,pssi�r���rst shaN bs given by meiting such nobae Dy cerdfied mall,retum receTpt requested adAressed to Tiustor at its rrralkrtg • -
<br /> i • � � , adk�ir��t/oM above a at luch otf►e►eddross as Trustw may deslgnate by►roNce to Beneflclary as provlded herein.and(b)any .
<br /> i '' no��Be�►eNdary a trusies shaN be gtven by cerd�ed mail,retum recetpi requesied.to Benefrclary s artd Tiustee'�malling : :
<br /> , `"� � ad�ss sbKed hs�raln or ro sucA Wher addrets es Beneficlary or�r�wtee m�y designate by nodce t4 Tiusroi as proWded herein.My : .
<br /> , nodcs p r a v lded Aa!n tbls taeed ol 1r�st sAal!be deemed to have been glven to Tiustor.Benefrcla ry or Trustee when glven in the i
<br /> i manner desfQndted hereln. t�,�;
<br /> i 2�. Qo+rarnin8 law;SeyarebJlits��hls Desd ol Tn�st sAa!!be govemed by the/aws�1 the State ol Neb�aska.ln the evartt any provlsios�or '�����
<br /> { c/ause of t1Ns D�esd of Tirlsf conNkts wlM applJCab/e law,such canllict shall not aflect ofber provislons ol th/s Deed ol Ti�st whlcb can
<br /> � bs Qlven Ml{ect wftliout the confl�ing pr+�visfons and to thls end the pmvlslorts oi thls Deed ol Tiust are declared to be severaD/e. -
<br /> � f 2b. Ewints o!Os/�rult.Each of Hre ld/owing occunences sAall consffu�te an event of defaufs hereunde►,(herelnalter catled an"Eveni �
<br /> ' �t ol Ds/wlt'7: -
<br /> I , (p) 7rustor sAaN tall to pay w/rer�dua any princlpal,lnferest,or pr/ncJpa/and enterest on the Indebtedness, ' �;�
<br /> � (b) My wananry of t�de made by Trustor hereln aha/I be untrue, � . � .�=
<br /> � (c) Trtu�v shal!!dt to observe a perfam arry o!the covenents,��eements,or c�nndi�a:ti�rn thls Deed of Tius�,
<br /> � �(ti) My c�prsssnlaUon o►warnnty made by 7rusfor on any flnancial statemenis or reports sbbmiited fo Oenefic/ary by or on behall of
<br /> � ' . ; Ttusror st��all prove faYse or materla!!y misleading. "
<br /> f (e) TiusrorahaU lail to psAam a observe aey of the covenants,condi0ons Q�agreements contelned in,oi binding upon Trustarw�der
<br /> � any buildln�Itlsn a�reement,secridry agreement,loan agreemene,Nnartcing atatement.a any other agreemenL tnstrumerrt o'r �
<br /> • ; docwnent sxecuted by Tiasbrr're connecUon with the/oan evldenced by the lYote, .
<br /> � (� A titistee,reCehre�a 1lquidator o/the Tiust Properry a ol Tirtsbr ahaJl be appolnteQ�r any of the creditors ol Trustor sha/l lil�a
<br /> ..psl�Hon in bank►up�cy agalnst 7rustor,a far the reorganlza�on o/Trusro►pu�susnt ro the Federat 9enkruptcy Code,or any:ainftar
<br /> 1 lew,wh�U►er ledera!o�steta,and it such order or peUdon shaf/nol be dlscharged or dlsmfssed w:tt�in thl�ty�30)days after�e date � .
<br /> � on wlNch such ader a petidon was liled, ��,
<br /> ,
<br /> ; (�) TrustvrshaH f�ls a peHtbn pwsrrant[o t►re Federal BankruptCy Code o�any stmllar tm�r.tederel a state,o�it tr,:ti*or sAap be • "
<br /> : adJu�d s bank►upQ or be dec/sred inaoJvent,or sha//matse an asslgnment/or the t��nel',t o1 credilors,or sharl admtt Jn wrfGng Its
<br /> � InatxVr.y fp pay!ts dsbts es they become due,or shall consent to the appolntment of a receiver o}all or any part ol the 7►ust Properry,
<br /> � (h) f/nal Judgment la ths payment of marey shall be rendered agalnst Tiuster and Trusto►shal!na��•scharge the same,or ca;ise it to
<br /> ; bs d/acharged.withln thlrry(30)days aKer the entry thereol,or sha/l not appeal therefiom a�/rom ihe ordgr,decree ot prac2ss upo»
<br /> ' wtticls a purauarrt to wFlch sald judgment was grented,based,or entered,and seccr�e�a stay ol executJon pending such appeal, -�-- � - --� � -�-
<br /> (!) TiustcEShall sell a convey the Tr�st Prope�fy,or any part theieof,or any lnteresf therera,or sha/l be divested of its Gtfe,or any inteies!
<br /> , . thsrair�,l»9ny manner w way, u�f�ther voluntarlty or rnvduntarlty,wJthout the wiiKer._r,�sent ol BeneUclary be�ng lirst had art�
<br /> ' ' obt�lqed,o� �' � , �
<br /> � (J) H Tivaror/a s caporatlon or par.rfersMp end more rhan lifry parcent(50�io)of the share9 0►benef•�31 interests Jn such corporatian or
<br /> parb►psh/p,es the case may bd shell be bansfe�red or conveyed,whether vo/untar.",;�o�/nvo/untarily,without the wrlKen consenl of
<br /> ' Ben�Fc9�rybelnqlirathadendantalned. See Eahi�t�fc�A for 25 (k). ,
<br /> 26. Accs►eratMn of Debfi foracJasure.Upon the xc�nence of sny Event o!Dela�It,o�eny time the�eaRBr,Beneficiary may,ar its option,
<br /> � ' dec/are a!l the Mdebtodnass seCUred heieby:�rmedratety due end payab/e and the same shal!bear mterest et the default ratg,il any, ,
<br /> set lorthln tlra 1Yote,or othe►wiSe at the high�st rete permitted by/aw,ar.dJrrespectiva of whether 13eneliclary exercises sard opfion,ft �,--:_.-:-_.
<br /> may,et 1ts ap�and Inlis sole dlscretian,w�thouf any/urther notice or demand to or upon 7rusfat.90 one or more o!tf►e lolla�ng; �
<br /> � (aj Bei►etklary may enter upon,take possesslon o/,maaage�nd operete the trust P�a�erly ar eny Gart thereof,•me.ke repai►s and
<br /> eKeiaUons and Bo any acts whlcdr 8enelici�ry deems proqer ro protec!the securlP,�i���eof.ar.�eaher wrth ar without teking �
<br /> possesslpn,In fts awn name,sue tor or othenvlse coNect and recelve rents,(ssues aad piatifs,a��,�uding Uwse past due aqd unpaid. . � ,
<br /> � � . and appty the same,fess costs end expenses oiope�aGon and coilecfian,-Jnc/uding reasonab?e�'�omey fees end Benelrctary's "� —�
<br /> Costs,upon the/ndebtedness secured heieby and!n such orde�as Berteficlary may determire.Upon request oJ Beneflcfary, Trustor
<br /> � . sha!/assemble and sAal/make ava�lable fo 8enellclary any o/the lrusl Properfy which has heen ramoved. The entering upan end , �
<br /> tafd�:cg possesslon ot the 7rust Property,the co1leCGon o1 any renls.lssues end prof,�,and tne appllcation theieol as otoreseld,ahall
<br /> `� r.e�t c�re or walve any detault theretofore or therealter occu►ring,or aHect sny noLCS�t dsfautt or notice ot sa/e hereunde�or
<br /> ' • lmialta�ate siry act doa►e pt�►suanf to s�sysuch not/ce.Notwithstanding Beneficiary's continuance in possessran ar recefpt and �
<br /> sppticatfon ol rent�,f&sues or p�otits,BBnellClary Sh81/be entit/ed to exe�clse every�rghl p�ovided for in thJs Deed of Trust or by It�w �
<br /> upon or atter the occurrence Qf an�vent of Delauft,Irtcluding th�tigM b exerctse the power ol safe.My al the act�on,^r�tened t��n �p
<br /> . - thfs p8ragraph.may 6e taken by Beneficlary et such Lmo as Beneltc/ary mgy dete�m/ne withaut regvrd fv th�r adeauaey ot any r. �-"
<br /> secuary far the lndebtedness seeared hared y. ._ _.
<br /> (b) Beneflct�ry sha/�,without�eg8�d fo the edequacy ot�ny secuirry lor the Mdebtedness secu�ed hereby,bo onr,tlad to rho , •
<br /> appolntment of a�eeelver dy eny court having jurrsdlction,withouf notrce,ta take possession ot.protect.and manage the T►ust
<br /> � PropeRy end ape�ete Ure same end collect the rents,issuss and profits theretrom.
<br /> (c) BeneNc/ary may b�ingany ectla�i in eny cou►10l Campetenl juiisdictian to laecloso U,is lTeed al trust or enla►co any o►the �
<br /> • covenants hereot. .
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<br /> . _ . _�n�i :.��?_ ,?-a- F�_�� � .._. �..,ts.'r �- ,-;.-, ��. .. b-3?-�a�. .�^. , . . ... - .._..". _-.
<br /> .'L-i -."1'�G�.�T. 3.. .�. .
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