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IS . t:ovattam of Tiuslar with Respect to teases. Wittlaut tyre pear wfww consent; of Benefciary, Trustor shall W direcdy or lrtd ocoy.
<br />. with respect to any lease of space M the TWO Property. or ony potiiott theroot.. Whether such tease is now or hereafMr in existence:
<br />(a) AccW or Pam* any IxeiWyf w.t discount or advance Payment W rent itowuvdvsir► excess of one month,
<br />(b) Cancel or Airmk" the same, or accept wry cancNVativn,. Mminotlan or surrandw, tttsmof, or permit any event to occur ~ would
<br />oCC W MWWAldM to ttrrrrdr40 Or cancel the same. other 01111 temtin.71100 fur A10,94yrrtent of rent,
<br />(e) prerek; or same so as to nduce the Mm thereof, the or to change any amwd provisions
<br />(d) Ntaiw any diM01trt Nteratxndar or breach dnerao/. .
<br />(e) Give any OonaW waives orapproval V w*xKler or take any other action In Connection therewith, Or with a lessee Mel01utder, which
<br />Wow tine me ~of irnpafrirp"vAue Oros lass's host tharedlyderor the property subject t WWO. or of impawig ttiv
<br />poeilfon or kWAW of Berte&lary d woo, or
<br />M age or otherwise diAWao cf. -sr encumber its intuiest in any said lease or any rents, issues, profCts issuing
<br />arianrnp
<br />17_ WWM of StAft of UrNta &u. Tina is of the essence in aft lit iWaf es callgshons and dudes hwoundor and to the extent pwmNW
<br />by few. Tmmr wofm M present or Ran statutes eteimiruWma with respect to any debt, demand or obiigob n secured hereby and
<br />any acbm or pro coo f inn /vr the pu,pose of -w$ *— /rg tttil< Coed tit Twfit w, aop fights or ram edie5 cfi3iafnedhereir3.
<br />18. AssJgewne N of Drposifs. In the event constructian cf iMC CvemrMttls is contemplsted by the ken evidenced by the Mote secured
<br />hereby. as addsorral securrry thsrefae, Trustor henry vanohn .arid aril #vtoteenefciary, aN right; tree and interest to any and all
<br />monies 0100 VW by Cron behalf of Trustor with any city; ccangr pu4* bo* oragency, sanitary district, utility company, and
<br />any a f►t body or agent' ,for the instaltapo t or to secu,* die rnstaNatfon of arty utility by Irmtor, pertaining to the Trust Property.
<br />1z popwavon or Partnership Exkwoe, # Truslbr is a corporntfon, general partnership, or limited partnership, it will do all things
<br />lMMMSSary b preserve i4 cotywale orp&WefWp existence. as the case may be, and alt rights and privileges under the laws of the
<br />810110 of its incorporation or orgarnizalinfr.
<br />20. Forboorwve by Benaftiary Not a 110s►: Any forbearance by . 8onnociaty in exercising any right or remedy hererndar, or 0VW*se
<br />dkrdld by applicable law, shaft M160 a waiwr of er gneclrid) dta exercise of any sigh right or remedy. The jomcummont of
<br />insurance or the payment of tax", or -" discharge of liens cr charge$ by Benefaary shall not be a waiver of 9wv, #W ry's right to
<br />acceNraM the mattav of the tnd r ess.
<br />21. Remedies Cumut h%w AN ramadi es provided. Ur. nits Deed at Tarorari atinct and cumulative to any other right or mmogy under this
<br />Deed of Trust or aftded by faw a, equity. acid rrray be exami.sed gcncurrently, independerrflyy or successively.
<br />22. Successors and Assigns Bound, Joint and Several Gabikty, Ceptlda p. The covenants and agreements herein carrafned shall bind, and
<br />tlira dghts hereunder shall inure to, the respective successorm and assigns of Beneficiary, Trustee, and Trustor. A& covenants and
<br />09reen oft of Trustor shall be joint and srvaxat_ The captions; and lia4dings, of the paragraphs of this Deed of Tryst are for
<br />convenience Q* AgtArt cwt to be used to rte 01yat or define,1*6 pravislrsrttt hereof.
<br />?,S. Notice. Exempt fora* n;Wcui rnuinnd undw apgJ"Wo law to be giver_ Its-avnother manner, (a) amx,Wke to Trustor provided for in this
<br />Deed of Trust shah be giver; by :.^..arcing such nofiece by cenifred mat, return rkelpt requeiat,*1 add*rj qd to Trustor at its mailing
<br />address set A YM above or at sue: ii&*r address as Truotar may designate by nonce tq B* eficiary as provided herein, and (b) any
<br />norbae to Beneficiary or Tn stria &W to given by cerefted mall, return receipt requested, to Beneficiary's and Trustees mailing
<br />address atahrd herwi or i,D s xh .,Mw address as Benehuary or Trustee may designate by notice to Truster as provided herein. Any
<br />notice pro~ for in ft Deed of Trust shah be deemed to have been given to Trustor. Beneficiary or Trustee when given in the
<br />nm wfar designated herein.
<br />24. Governing Law: Sewrabikfy. Ms ;Deed of Trust shall be gave "led by the laws of Me State of Nebraska. In the event any provision or
<br />clause of dws Deed of Trust cor t as +with applicable law, siAc. *- conflict shall not affect other provisions of this Dead of Trust which can
<br />be given OftCt wiMoul the conlicMiT provisions and to this surd the provisions of this Deed of Trust are declared to be severable
<br />25, EveMS of Defaud. Each of the IckSrrrtg occrrre -ws shad n7nstttufe an evge�t of default hereunder, il7trritlnalter called an "Event
<br />Of Default" i..
<br />(a) Trustor shall W to pay when ptzi* any principal• interest, or. iu"rcipal and interest on &,e Indet ter - Tilsit.
<br />(b) Any warranty of till* red's by 7'fg;4;0;v herein shat be untrue,
<br />(c) Trustor shall fact to obswv» or'peowin any of the covenants, egreemeirft: at conditions in this DizAW 0 Trust,
<br />(d) Any representation or Wewranty made by Trustor on any financial stetaltal t5 or reports submitteG' ru 13enehalwy by or on botholof
<br />Trustor shall prove false or materiaiiy misleading,
<br />(e) 'Trustor shall fail to perform or observe any of the covenants, conditions or agreements contair*o rte, or binding upon Trusts under r ,
<br />any building bate agreement, security agreement, roan agreement, financing statement, or any c& or agreement, instrument or.
<br />docut *0 oxcCutCof by ?. rustcr in comwc&ai with the loan t videriced by the Note,
<br />(f) A trustee. receiver or liquidator of the Trust ft- fa y or of Trustor shall bce- appointed, or any of the to ieditors of Trustor shall ft.0
<br />pebdon to bankruptcy against Trustor, or for &Ntrtaeorgan+satron of Trusts pursuant to the Federal 6 i,*uptcy Code, or any similar
<br />law, whether federal or state, and d such ordef or petition shall not be discharged or dismissed within thirty (30) days after the date
<br />on which such order or petition wad filed.
<br />(g) Trustor shah Ne a petition pursututt, to the Federal Bankruptcy Code or arr y similar :rw, t 9deral or state, or it Trustor shall be
<br />adprdged a bankrupf or be deciared insolvent, or shah make an assignrrier,.t fcr tie Oenefrt of creditors, or shall admit in writing its
<br />rnobikty to pry its cftrfis as they become due, a shall consent to the appointment of a receiver of all ter any part of the Trust Prtiper!y,
<br />.(h) Fwalludgment for thwc: rjmarnr of money shall be rendered against Trustor and Trustor shall not c9w;targe the same, or cause it to
<br />Ge discharged, within d r .*ri 00),days alter the entry thereer, or shall not appeal therefrom or from the order, decree or process upon
<br />wfwch or pursuant to which ssric7 fmx'lgmsnt was granted, based, or entered, and secure a stay of exeo'ubon pending such appeal,
<br />(y Trustor Shall set of convey the Tirlst prop@ir. or any part thereof, of any interest therein, or shat be divested of its title, or any interest
<br />there", in any canner or way, whether voiuntifirrly at involuntarily, without the wrrffen consent of Beneficiary being first had and
<br />obtained, or
<br />(1) N Tn4W is a corporation Of partnership and more than► blhj percent (W4 of the shares or benehclal interests in such corporation or
<br />parts ONp. as the Can may be. shall be transferred or conveyed, whether voluntarily or tnvoluntanly, without the written Consent of
<br />Beneficiary beir!q fast had and obtained
<br />2E. AccoWabon of Debt; Foreclosure. Upon the occurrence of any Event & Default, or any time thereafter. Beneficiary may, at its option.
<br />declare &N the IndebPedhoss secwsd hereby immediately due and payable and the same shall bear interest at the default rete, if any,
<br />M forth to the Note, or otherwise at the highest rats pemwted by law, and, irrespective of whether BenMrciary exercises said option. it
<br />may, at its option and in its Solt d serewn, vvImt any further notice or demand to or upon Trustor, do one or more of the following.
<br />N) Berredciary may enter upon. taire possession o►, manage and operate the Trust Property or any part thereof, • make repairs and
<br />aAWA6" and do any acts which Beneficiary deems proper to protect the security thereof, and either with or without taking
<br />possession, in its own name, sue foe or otherwise Collect and receive reefs, issues and profits, 117cluW119 those past due and unpaid.
<br />acted apply fie seine, ies5 costs 01717 eXpenseS OpW.bbon and collection. irclurfng reasonable attorney fees and Beneficiary s
<br />Costs, upon tot fndebWfWss secfrred hereby and in such order as Beneficiary may determine Upon request cf Beneficiary, Trustor
<br />she Wassefrnble and shut make avatlebwe to Beneficiary any of the Trust Property which has been removed The entering upon and
<br />tai kV possession Of fhe Trust Property. the cowect cen of any rents, issues and profits, and the app!iCdhcn thereof as afurosa:d, shall
<br />not cure of wave any dof4utt flterefolbre or thereafter OCCuning. Of affeCf any notice Of defauff or not:eo of sale tipteunder or
<br />mv0dNe any act done pursuant to any such no"ce fVofwtthstanchng Beneficiary s c6rimuarice rrr passe ss:an ter receipt and
<br />appkc~ of rants, issues ttrt=rohis, lfenef?c!ary shati fie entitled to exercise every fight provided for err errs Bell of Pust or by taw
<br />upon c sNw the occurrarice of an Event of Uelautt. including the ►tight to exercise the puyvet of sale Any c t tn�r sermons retalrtrd r„ n
<br />fts Paragraph may betaken by Beni vary at sW'ft Vine 05 fJenerr171311Y 078/ steterrrt f#V Wi!nUut ft`4,rid fu% tiro udtlttaacy Cf arty
<br />secufiry f is Me fnder2feltra.%2 aftured twee y
<br />fib) E7enwk.wy S,ftat, b ?that!* regard to tfre edA4u3Cy of any sacurrfy lh, th0 tndtPV*n'ne',s sec riled Rlittlt y f :r? r,ritft�tf ft: rFtt
<br />Npr {rrnbnlnt UAt a raw, *vwv oy ejqr c out; h3r7'ttgiurtslkCkpn• W- 11"nu? n ".r(t. to r iAU lit! 3soS1 n (1 C*rclet t md' !"al?'l jo f"!? r•u,!
<br />Vrt- WIl'y &tell ry gryf#9 those .. ?m avid ccl ec? the rennfl, r�"*Uli_^, rind pfc!'ri t. ewIrcf^
<br />+c: J lidral!!:Ary rn#y teing el'y Male-to fit anif GOi/ACfCrlrlryC-tem p jwl It ":' ;bn r;,; rUtV -Cf^r :i7 thf1i t'rfrnd r f ,., {•nit: +r 0 t,rty ..r fnFr
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