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<br /> 1v, ria7Yc�'1ari�a in TiFi$a�+ riliAnwr✓v�t W LVFlJVJ. WI[ilUUt[R@�►IU/Wfl([(�/1 CORSRIIlC1TBB11�TICi8/j/, Trusiorshslirtof,directryorindrror.tty,
<br /> wfM respect to any lease ot SpaCe in the Tiusi PiopRrty,w any portron thereol, whether such/ease is now or herealter in existence:
<br /> (a) Aca�f or pem►!t any prepeyment,dlscoun[a advance payment of rent hereunder!n excess of one month,
<br /> � � (b) CaxN a tsrminaM ths samu,a accept any cancellation,tarmineNon or surr�nder thereol,or permit any event to occur whlch woutd
<br /> �Ctt'itt��tti:tle�i�f�rrtr!!�t�N. t�!!�ee!th!SA�,N.he!lhan y_uminatian far nannayment af rent,
<br /> (c) M�ertd or modlljr Me s�e so as to te�trce th�tstm ther8of,the renta!payabte thereUnde�,or!o ci�a!�go ar�y rsc�ewal provlsbns
<br /> �h�t�In co+�ak�ld,
<br /> ! (d) WaMe any d.t,u�r d,arowrdsr or broach ihermr,
<br /> � (�) Calw�ny caurrtt w�iwr��r�ovsl t�rereunder a take any othe�r��rc G�c cc+�►necdon therewith,or wlth a/essee thereunder,whkh
<br /> � watdd h�ve fM�A�ct oE" tlhe w#�o!tha�essa's Interesi theran�2�eta the proper�Y suDJect thRneto,ar of fmpalring the
<br /> poeM�on or�nt�nst of B�caarK tte�^e'',�n,a
<br /> � (� S�N,as�n.pNc��,mortya�e or otherw�r"se dispose o1,a encumber lts lnterest in eny sard�ease a any ronts,lssues,pivl/ts lssuing
<br /> � or arisl�tq tM+w�►cisr.
<br /> � 17. Wa�wr o/Shlu[r of LkrNt�tlons. Tims is of Nfe esssncm!n all ot Frusfir's obNgadons and duHes hereunder,and b fhe exten�pem►ftied
<br /> Dy I�w, Trua�br wrwss aa prrt�nt a/uluro atatuMs ol Nmn�kau with nspect to any dsbt,demand or obligAtlor►sscwed har�sby and
<br /> I a�ly�ct�on a procNdW�D Ibr tl►�pwpot�d snlorcln�th/s D�esd d Tiust a eny riQAts a remedies contdn�d hereln.
<br /> I 1a. AsalQnn►N►t o/O�patits.!n ths ev�nt co�,strucNon ol lmprovements Is corttemp/ated by the loan evidsnced by fhs Nob ser.ured
<br /> � Mnby.s��d�dV�onN aecwlty N►enkro,Tiustor MreDy hensfs�s end asslqns b BenelFclary,aN r1�ht,trtls and Interest fo any ar►i�all
<br /> ! morN�s dsposlted by a a►bN►aH ol Tiutbr w1N�any ctry,counry,pe�blic body or aysncy,sanitary district,uh'lity company,and
<br /> • any ofhN Rwdy a aparcy,lbr tM Fnat�p�don a ro securs ths lnstaN�Non ol any utiliry by Tiusbi psnalning to ths Trust Property.
<br /> � ia. Corpor�tlon a Pwir�xlMp Exlat�r►cs. f!Tivabr la a capaatlon,Qsns�al p�rtnershlp,a lim(ted paKnership,it w1N do al!thtnys
<br /> � ��ry M p�wNw 1t�cdpaM�s a p�Rrnrshlp sxlstsnce,as ths case may be,And ell rights and piivl(apes under the laws of the
<br /> � �W lt�1��corporeMton a apan►xauon.
<br /> ?0. For6Mranc�Dy Bsn�llciary Nbt� Wsiwr. My/orbea►ance by BeneNciery in exercJSing any right a remedy hereunder,or otherwise
<br /> afrford�d 6y a�HF�t�b lew. ah�M r�f be e wai�r of or�rack�cM!M rx�rrt��o!?rr�such rlghi or remsrr;.Th�pra:ursmsni of
<br /> ' lRSUr�a tM paymsnt o/taxes a the d�sch�rgs of/iens or charges by Beneficiery sheN not be a waiver ol Benefkiary's�lght to
<br /> � acc.rwah n►.�rw;ry arr�i►�a.wed�ess.
<br /> �1. R�nt�dVS�CwnuNKive.AN rsrnadbs pro�ided in thls Deed of Tiust are disdnct and cumWaBve ta any other dght or iemedy under thls
<br /> � ONd o/Tru,tt a 1�fKadsd by law or equlty,end may be exercised concumenty,�ndependenty w successtvely.
<br /> '• 22. Su�cc�ssas and Asslqns Bound;Jdnt end Sereral UabiNty;Ceptions. The covenants and agreements hereln contained shaN!bind,and
<br /> I tlrs rrQhta hersumJer sh�Ml lnuro to, the respectivs successas and asslgns of BeneHClary, Trustee,and Trustor. A/�covenants and
<br /> j aQro�nNnts ol Tiusta sh�ll bs%dnt autd severeJ. The cspNons and haad/ngs ol ttre paragrap�hs of this Deed o1 Tiust are for
<br /> � conven/snce ony end are not to be ased to Interpr+et a define the provislons hecee�.
<br /> � ?3. IVotic�.Exc�pt lor any ratic�required under a�ppNcabls/aw tp be given in enotlasr manner,(a)sny nodce ro Trustor provlded tor in M;s
<br /> I DNd o!Tnrst shalf bs gliron by mailing such noHce by certiNed m�il,retum recerpt requested addressed to Trusror at its maliing � '
<br /> addnss sst/oM►abovs a at such oM►er address es Trusror may dosigrtate by n�tice to Beneficiary es prov/ded hereln,and(b)aay
<br /> nodc�to Bsnsf7clary a Tiust�ee shaN be ghron by certNied mall,retum receipt reqLestad,io Beneficlary's and Tiustee's malling "
<br /> � addnss sfeted herein or to such othe�address as SeneNc/ary or Tiusfee may daslgrrate by notice b Trustor as provided hgr�lo.My �
<br /> --; - ` ►r�proviosoi ivr in dAS v�ev oi iiust anat►�e desmeO ro navs Qeen glven to Trusior,Heneficiary o�Tiustee when g�ve�in tha - ` -�
<br /> i mannei desJgnated hsroin. i .-�,•
<br /> J 2�. Ooveminy Law;Severeb�ity.Thls Deed of Trust shal!be governed by the/aws of the Stafe ol Nebraska. In the event any provislon cr
<br /> ! c/ause of thls Deed of Tnrsc confllcts with eppJicabJe law,such conflict shall not a!/eci other provisions ol this Deed ol trust wAfch ca»
<br /> 1 be glhsn efl►ect withouf the c�nflicdn�prov/slons and ro this end the provlslons c�`tfiis Deed of Tiust are declared fo Ae severable. , _
<br /> 25. Ewnts ol Detault Each of Mre folbwing occuriences shall co.�siitute an evera of delault hereunder,(hetein8iter C811ed an"Event =
<br /> - ol Defavlt"): �
<br /> ' (a) Tiustar shall fail to pay when du9 any princlpal,lnteresL or principal and interest on the lndebtedness,
<br /> I (Q) My warranry ol Mte made by Trusto�hereln shaU be untrue, _
<br /> : (c) Trustor shall lail ro observe a perlorm any ol the covenants,egreements, or candib!ons in thls Deed of Trust,
<br /> � (d) Any reprossniaUon or we►ianry made by Trustor on any financia!statements or reports submitted to Beneficiary by ar an behall ol
<br /> � Trustor shaW prove/else Qr msierially misleadfng,
<br /> � (e) Tiusto�shsll fail to perfiornra a observe sny o/the covenants,conditions o�agr�ements contained in,or blrtding upon Trusto�under
<br /> ; any bu!lding loan agree►nertt,security agreement,loan agreement,financing statemenl,or any other agreement,instrument or '
<br /> , documertt executed by Trrssror ln conr�ction with the loan evidertced by the�nte,
<br /> - ; (l) A hustee,recelve�oi liquidator of the Trust Properry or ot Tiusbr shall De appanfed,or any of the creditors of Tiustvr shat!IiJe a
<br /> ; poliHon rn bankaptcy against Trusto�,or/or the reorgani2ation ol Tiusio�pursuant to the Federa/Bankruptcy Code,or any similar
<br /> i law,wherirer fede�al w state,and il such order or pet+don shall not be discharged or dismissed wrthin thr'ny(30)days after the date '•�`
<br /> o�which such wder oi peUtion was liled.
<br /> ' (g) Trustor Shall6/e�t peaQaa pursuant to the Federal Bankrupicy Code or any s;milarlaw,federa/or state,or if Trusfo�shall be
<br /> � • edjudged a benkrupt,or be declared lrtsolvent,or shall make an assignment lor the bene/rt of c�editors.a shall admit!n w�iting rts
<br /> lnabllity fo pay its deDts as they become due.or shall consent fo the appoinlment of a receive�of al!or any paR of the Tiust Prope+ry.
<br /> (h) Flnel judgment loi the paymenf ol mortey shall be iertdered agalnsl Trustor and Trustot shall not discharge the same.or cause it to
<br /> • be dlscharged,within fhirty(30}days alier the entry theieo%or shall�ot appea!the�elrom a from the o�der, decree or process upon
<br /> whlCh oI ptusuant to►yhich sa�d jud�mftnt w�c grenied,t=ased,o!eniered,en�secure a stey ot executron p�ndrrrg;uch appsat,
<br /> (i) Tiustor shal/Sell or convey the TiuSt PrOperty,or any p8rt thereoi,o�any interest the�em,or shad be divested O/its trtl9,or any inlerest
<br /> thereln,in any manrter or way, ivhether voluntar�ly or invo/untanly, withouf fhe written con5enf of Benel�ciery being first had and
<br /> obtaf�►ed,or
<br /> (j) !/7iusto�is a caporatian or partnersh�p and m�re than l;lry pe�cent(50%)ol tha shares o�benehcial�ntv�ests in such corporatfon 4r
<br /> paKne►shJp,as the case may be,shall be trer,sfened or conveyed, whAfhBr vblunte►riy Or invOluntBrily, withaut the written consent of
<br /> • Benolic/sry being fiist had and ob:alned.
<br /> 26. Accele�allon ol Debt;Foveclosure. Upon the occurrence o/any Event oi Detau/t, ar any time the�eatt�i, Benel�clary may.et it�option,
<br /> deC/e►A ell the lndebtedness seCUred he�eby rmmediatelJi due artd payable 8nd the same shall bear rnterest at tha delault rate.rt any,
<br /> set foRh in the Note,or othernise at the hlghest rete permitted by law.and. �nespective of whether Benef�c,ary exercises sard ept,o�.rt •--=-�-=
<br /> mey,at its option and rR rts sole discration, without any lunher noUCe or denrand co or upon T�ustor,do one or mo�e ol fhe foUOw�rg •
<br /> (a) Beneficiery may enter up�n,take possession of,rnanage end o,�erate fha Trus:P�operry or any pan thereof.•make repa�rs and
<br /> a/teretions and do any acts whlch Benaficiary deems proper fo�rotect tne secur,ry there�l,and e�the�w�th or w�thout tak�ng
<br /> possession,in its own name,sue for a otherw;se co/lect end rece�ve�ents,issues and prof�ts,utc/uding Ihose past clue a»d unpard, .
<br /> end apply the sarne,less cosfs and expen,es�l operetion�nd cotlecGOn, rncludmg reasonable attorney�ees and Bsnel:c�ary's
<br /> costs, upon fh9 IndeGtodness secured he�ehy and in such o�Uer as Beneficiary may determine. Upon request of Benol�c�ary. trustor a�
<br /> shall a�ssemblg and sha(1 meke availabfe to Benofrcrary any ol ihe Trust Propo�fy which has been removed. Tho entenng upon and �
<br /> L takin[�possesslon o1 the Trust Pioperty, fho co/lac(�on o/any renis.�ssues and proJ�ts. anci the appLcatron therpo!as aloresa�d,shaU
<br /> Rot Cure a�wc7fv9 9ny de18u1�the�etolore o�thergeltQr occur�ing,pr aNeCf any nobCe of tlela���?or noUCe oJ sa/e htrreunder a� r
<br /> rnvAl�dato 2ny acf dpne pursuant to any such notrce Notw�thstanding$eneLG�rr�ry s cont�rnianco m poSSess�nn or recerpt and ih
<br /> applrcvliDn Ot r8�ts,r;;uos or arofrts. Ge�7ef�c+ary stali Gv���t�Udu iv e�e;rc�sv every rrynr provfded io�m rn�s ueed of I rust ar by i��w ��
<br /> uppn or afte�the occu�ronca o1 pn Evont o!Ut3faulL inc/uJ�ng tho ngrn ro c Xv�c,se rhE�por�cr c�f s,��c� Any o•fnu acAur�s�elQr�od fo�n ��{`�
<br /> this paragr�ph may be taken by BerreLc�ary��t SuCh(�me bS E3enol�c�tiiy may deterrn,no,�v�1nr}��t�e�a�rct r�,t��t�1rdUqii�c y ul ri��y
<br /> svCUnty for tho►ndebtodness socu�ed her�Uy
<br /> (b) BOnolrCi���y shtdl, w�thoui rog�7r�l to nc��oduqu�cy u�rrny scx unty�n�a�s n�debtc.-U��r•r.�. sr.rur�.,y>>��r��t�� t�l•f'�+hrrrl tr,f��t�
<br /> i1�J�J0/f71r17G`I1t 0/&lE'CCIVCf by�any <'oUrt httv�n��!1/�5(l�('hf�f�_ Wdh(t:il IlUlr( N. !��I<7kE�(����.�,f•'.ti,���� •,1 ��•�,i(�; � ,�nr1�n.Cr�tcJ�r fh(� 1�u;f
<br /> {'�opo�ly rurci oper;�fe tho sarne nnd cnlrFr.l f�e�i�nr•. +�,�ur�;rrcJ<<roht�.th�,�,dr.,n,
<br /> (C� f�t�n�bu��ry rnay bnnq xny i]Chon�n i7�ly C.UU��C�l(�(rftl�lC�!'!1(�(/flSf�:LI�JJi fh�Un•� �.,�,��rn�.,��rul} ��l lr,.�J r!�•�J��r� �, .�r,� , f�n�. ..`-....�
<br /> :.vventint�,hCr�Ul
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