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<br /> � t6. Govianands ol'frusta�vi1A Res�:t to Leas�sUW�hout the prlc�r written cansent al Banotc�ary, Trustor shall not,due�tly ar�nduactty.
<br /> ; wiM nspect to any ka.qe at spa�ce!n Me Trus�Praparry, a eny panion tAereot,whstAer such laesa is now or heroefter m ex�stence:
<br /> (A) Acc�pt w psrm+t any prepeyrnent,discount a advdr►ce payment ol rent Aereunder tn excess ot ona mon;h,
<br /> fb) C�rtcst or Mrminate the sama,or accspP eny cancellatron,te►minahon ar surrender thereol,or permit any event to occu�whtch wau/d
<br /> vi.u¢ii�rwr�a�ititiru'ii iv ia�ni�rirdivvi 4R�N� /"ia�oi�i�o.wi�i u eur tdnrru�auv��iv+�'iw�frojnrroiri G►rartl.
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<br /> � tc1 M�rxt or n�odiy t►►s surre�a�s ta reduce the tarm thereol,!he renial p�yatNe fAe�euntfe�.w to c�range sny rertewal prowsla►s
<br /> thwNn coM�net/.
<br /> , (d} W�w any[iahult ttrotwt�d�►r or O.�et+thRnol,
<br /> (s) fiiw any cor►a�r►t.wa(ver or approval Phoreunaf�r pr taks any ather acNar(n connection therswith,a w�th a lessee thereunder,wMCh
<br /> w�pc�id h�v!MM�IMre[01 imp�rir�g fhs vaq�e of ths tessw's fntsrosf thsreunder or the propsrty auDject thereto,or ot impAiriny tfie
<br /> patlAron a in(�rost a1 Bs►sNicJ�ry fherMn.ar
<br /> (q S�N,u�i�n,plsd�s, mortgay�or othsrwlss dlspose ot,a encumber i1s int�rast!n sny said fease a any rents,issues,pro6ts lssWng
<br /> a ert�ln fl ff�under.
<br /> 1T. Wafvu W StatuM of Limlt�trons. Tlm�is of the essarrce in ad ol Tn,sroi's oDtigatrons and�uties her�eunder,end to N►e extent permirted
<br /> ' by law, Tivalbr wMws aN piwM►f a futur+s statulss of NmrtaHons wit/►rospect i�n any dsbt,dsmurtd a oblrgatior►secured hsroby and
<br /> , any acNon o�p�ocs�c�in�Ibr ths puiposs ol snlorckrQ thrs De�d ol�iusf or any dphts ar remedies contained herein.
<br /> 18. AsSiQ»msnt ot Osiposifs.la the evsnt consfructron ol improvements Is confemplated by the ben evldenced by the lYofe secured
<br /> � Mr�by,as addidonel securiry therefae, Trustar hereby hansfers snd asstgns to Qerreficlary,all right,titfe and inierest to any and alf
<br /> �x,a,dsPo,usd dy o.o� ben,w a r►�sror w�rn e�►y�ry,counry,puDlic body a agency,sanifary district utrJity company,and
<br /> 1�ny dhK body a aQency, lor tha instANation or to secure the Irtstallatiot�of any utiliry by Tiustor,pertalning b the Trust Pioperty.
<br /> 1�. Co►po►at�on a PaRnsrshlp ExistMCe.H Tiusto�ls a caporetion,general paRnershlp,or limitad parmership,it wll!do all things
<br /> nec�ssary to pnservs ita co+po►afs w p�utnersMp existenCe,as the case may t�a,and alf rights end privileges unde►Mb/ews of Me
<br /> . � ��ts of ih lncorporallon a vrpanizaaon.
<br /> � � 20. Ford�u�nCS by BenslGdary Nbt a Waiver.My IorbearAnce by Beneficiary rn exercising eny�igh��r rernedy hereunder,or otherwlse
<br /> ' aMb►rNd by appJkable l�w, sheN not be a waiver oi a pieclude the exe�cise ol sny such right a remedy. �he procurement o!
<br /> � lnaurancs a ths paymsnf o/taxes a Nre dlschargs ol liens a charges by BenefrcJary s�al/not 0a a waiver of BenaHciary's right to
<br /> �ccNeraro ths matur�ty a rhs►ndebtsdness.
<br /> 21. A�A�C�t�vr/W tirr►edie�provideaE�n this Deed ol Tic�st are disbnct and cumuiabve to any Wher right a remedy under Mis
<br /> D�d ol Tiuw v��Mart�d bY Mw or equity,arra�mey be exerctsed concunently,lndependenty a successive�y.
<br /> ' ??. SuCCe��O►s Ind 11�lifgn�9arnd;Jdnt and Ssvera!Uabiliry;CapNans_ The covenants and agreemenfs hereln contained shatl bind,and
<br /> ,� Ihs►iQ1Ns hsrlrunds�sneN/Rtae t�a, the►espective successas and essigns of Beneticiary,�'iustee, and Trustw.All covenants and
<br /> �flroenNnts W Frus�shel/De�rr�and several. rhe capdons end h9adings oJ the peregrephs of this Deed of T�ust are la
<br /> convenience cx►y a�cf aie not to be used to ir.ferpref or define the prov�slons hereof.
<br /> ?9. Nodcs.Except tor any notice reqWrsd under ayptpJrcab/e/aw to be given,n a►rother martner, (a)ar�n n�tice to Tiustor provided for in Mis
<br /> Orsd of Trust shall be glven by ma�ling strch r�trce by certihed mail, return receipi reqaested adda�essed to Tiusbr at its mailrny
<br /> eddnss set faM above a af such other addres�as Tiustor msy designate by nodce to Beneficlary as provided here��,and(b,!any
<br /> ; rwNcc�ro 8sneffclary w irustee shel!De given Dy cenified�aiJ, �eturn recelpt requested,to Benehciary's and Trustee's mailing
<br /> • addros9 steted hereln o►tQ suCh othe►address as BeneleGary ar Tr�stea may de3lgnAte Dy notice to Trusta as pravided heiein.My
<br /> � ROtIC!pnDVi(led f0e+n thls D�eRC�oI Tiust ShAll 6e dNArnAf1 t0 havR beE�n given to Tiustl>►,E3eneTrC�Ary or Trustee when given iR fAe
<br /> mannsr deslgnated here►n. ,
<br /> ; 21. Goveming Law;SevereDility.This Deed ol Trust sha11 be gove�ned by the laws o1 the State of Nebreska. !n the event any provision a .
<br /> Ctause of thls Deed of t�ust coMlicts with epplrcable/aw,such conflrct shall rtot eflect ofher provisrons of thrs Deed ol Trust which can
<br /> • be given eNsct without the conflisting provisions and to th�s end the prov�sions of this Deed ol7rust a�e dec/a�ed to be severaWe.
<br /> '. 25. Evs�ts of Default.EaCh of the folbwtng occumences shali const�tute an event of defau(t hereunder. (hereinaher ca!!ed an "Eveni
<br /> of D�e/ault'): . __
<br /> (a) Tiustor shell leil to pay when due Any pnnapal.�nterest,or prrnc�pal and i�terest on the lndebtedness, �
<br /> (b) My warrenty ol title made by tnisfor here+n shaA De untr�e, � �
<br /> , (c) Tiustor shall leil b observe or peAorm eny�l the covenants,agreements,os condrUOns m this Peed o1 trust,
<br /> (d) Any rep�esenta6on or wasienry made by Trustor on any hnana�al statements or reports submitted to Beneficiary by or on behaN of
<br /> ' Trusta shali prove lalse w materiaNy m�sleading.
<br /> (e) Trusta Sh811 l�il to pe+lam w oDserve any ol fha covenants,conditions oi agreements contained in,ar b�nding upon Trustoa under !
<br /> eny building ban ag�eement,securiry agroement,�aan ag►eement, luzanc�ng statemenr,o�any othes sgreerne�t,rnstrument or
<br /> document execuied by Trusta in connsction w,rh the loan evidenced by rhe Note. `'
<br /> (� A hustee,►eCetver Or liqurdeto�ol the T►uSt Ptope►ry or o!Tr�stOr shall be eppanted, er any of fhe cred�tors ol hustor shef/s5le a
<br /> peirilon!n bankruptcy egainst T�usto�,ot for the►eorgenuahon o1 Trusto�pu�suent to MB Federa.�Bankrupfcy Code,or any sim;lar � ,e'�
<br /> /aw,whether ted8rel orst8te, end if such order o�pet�tion sha/l not be drscharged or d,smissed w°th,n thirtyr(3�1)days aner the date g
<br /> un whlch such ader or petitjan wes filed,
<br /> ' (g) Trusto►5he11 file�petidon Rursuant to the Fedora!Sankruptcy Code or any s�m�lar law,lederal or$�ate,o�r!�rUStor shall be
<br /> adjudged a bankrupt.or be declared rnsolvent, or Shal!make an ess�gnment lor the b6nelit o1 Credrto�s.or shap adm,t m wrihng ds
<br /> ina6+Hry to pay�ts debts as they become desg,or sha/l conse��t to the appo�ntmant ol a receive�of a�i or any part of tne Trusr Property.
<br /> (h) Finel judgment/or the payment of money st7a11 be rendered againsi TrUSfor and Trustor shaU not discharge the same,or cause�t to
<br /> be discharged,within thirty(30)days after the eniry therooJ,or shall not appeal therelrom or fram the order,decree or piocess upon
<br /> w1�iG�t ot pursuanr tc+wlt;�h�tt�;udgment rves granred,base�t,or entered. �nd s�ure a stay of exgcubon psn�rng suct�appeal,
<br /> (i) Tiusto�shal!sell or convey the Trust Property,or any pa►t thereot,or any�nterest there�n,o►shall be d�vested ct�ts ritle, o�any inre�est
<br /> ' ihereln,ln any manner or way,whether voluntarily or involuntar�ty,:vrihovt the wiitton Consent o/Benelic�8ry berng/irst had and
<br /> obtalned,o�
<br /> U) ll Tcusto�iS a CaporaGOn ar partnershrp and more than/ifty percent(50%01 of the shares or benefc�a!mterests in such co�po�ation or
<br /> par�nership,as the case may he, shall tre transferred or conveyed, whether volunta��Jy o�invoJunianty, w,thout eAe wntten consent of
<br /> Ber,eficiarybeingf+rsthadandobtained. See Exhibit A for 25 (k)
<br /> 26. Accele�ation of Oebi;Foreclosure. Upon tre occurrence o1 eny Event of Delau/t,or any t�me the�eane�. Benaf�crary may. at�is optron,
<br /> declare all the Indebtedn�ss secured hereby�mmediate/y due and payabla and the same shaU b�a�rnterest at the delaull rate,d any,
<br /> set lonh in the Note,or othen�vise at the highest rate pe�m�tted by 1aw, and.irrespechve of whethe�Beneficrary exercises sard option, it ��°_°
<br /> may, at its option and rn its sole d�sc�etion,wiihout any further notice o�demand to o►upon Trusto�,do one or mGre of the fo!lowing; �
<br /> (aJ 8eneficlary may enfer upon,take possession ol, manage and operate the Trust Rrcperty or any pan thereo�:^�ake repa+rs and �
<br /> alteratJons and do anyacts which Beneliciary deems proper to profect the secunry thereof,and either w�fh o�without takfng
<br /> possesslon,in its own narne, sue loi or athenvise colleci and receivA rents, �ssues and prof�ts.r�rcludrng fhose past due and unpa�U.
<br /> end appty the same,less costs and expenses of operalion and collecban,�nc/udmg reasonatie attomey fees and Beneliciary's
<br /> costs,upon the Indebtedness secured heroby and in such o�der as Bene�ic�ary may dete+mrne. Upon request o�Bertel�clary, Trusto� 'at
<br /> � shal!assemble end shall make availablo ro Beneliciary any of the Trust Properry whrch has been removed. 7re entenng upon and •
<br /> takmg pvssesston of the Tiust Property, the collection of any sents, �ssues and prafrts. and tho applrcat�on thereot as aforesa�d, shall �
<br /> not Cure o�waive any default theretofore or theraafter ocr.urr,ng,or allect any notico ol delault o�notrce al sale hereunder or �
<br /> invalideto any act done pursuant to any such noiice.Notw�thstending Benofrciary's contrnuance in possessron or rece�pt and ��
<br /> &pF�Jit;etion of ients, issues or p�v�it$, Benefrciary shall be enbNed to exerCise every nght prov�ded/or�n th�s Deed ol Trust vr by Iew �p
<br /> upon or after the occunence ol an Event ol Delau/t, mclud�ng the nght ro exerc�se fhe powe►o/sale Any o�the act�ons�e�erred to�r� �i��
<br /> this paragra�h may be f�ken by Benefi��ary at suCh Ume as Benel,crary may dete�mme wdhout reya�d to tne adequacy ol any
<br /> security lor the Indebtedness secured hereby. �
<br /> (b) Beneliclary shall, w,thout rQgard to tho adequacy of a,-,y secur�ty lor rhe�nUebtedness socured ne�eby. be ent�tled ro tne
<br /> appointment of a receiver by any court hav�ng�u�isdictron, w�thout nobce,lo tako possQSS�on of, prn!ect, and m����age tne t,USt
<br /> Property&nd operate fhe same and caNect tho rents,�55ue5 ancl prof+ts there�rom
<br /> (c) f3enelic�ary may bnng an y acdon m any court of competent�unsdictron ta Ioreclose thrs Deed oj T�ust o�en�o�ce any a�me -�
<br /> covenants horool.
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