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<br />16. Cotenants of Trustor wilt► b Leases. tMlt+murt the prior written consent of aene ivy, rrusMr #W not, direly or inarnctly.
<br />with respect to sty Asses a space in the Trust Property. or any Pont M thereof, whither such lease ra now or hereaKw in eYiatWhcr
<br />(a) Accept or per* my preParmlit do=" advance payment of rant hereunder in excess of one mirtm.
<br />(b) GbVW
<br />rx tlror�r to gets acs the�mam , OMWUM� Wmynatio nonpa thereof, rentnt any event w occur whim wadd
<br />(c) Amend or neodity the same so sa to rsdOAct the terns tfterew. the rental payabb dtereuander, or to change any renewal provisions
<br />,ftnain corntafthad.
<br />` . ;,,,, (d) rv.IN.arhs► datwrhr ihheretnaA► or breach frhrot, _
<br />- �� etMra ali+yiaiitg ttfhe Mssor'a interest thMau tiler p+ap�erir sub�act dnerab�w of impaking the
<br />=�? {try See. aesign, pledge, mortgage or otherwise *pose of. or encumber its interest in any satdMOM Cr &W f: *'&, Issues, profits issutng
<br />Q or SMOg tlwwnx> r
<br />a.%a* of LMnlul". Tuna is of the essence in ant of Tnisaors obegatt>ft mutt tit im hid to the r .�M-
<br />r ; bylaw. Titrstot aYOSftnaa ail patiaerht or Ibttire sratrwas a lrNtadons i h respect b any deist; d� fp .;� secc>re to
<br />ra+ti ar►d
<br />tDf any scion or procwdir►g liar the praryxhea a erhlo►cing this Devi! a{ Trutt or any rights or rerrttitiies eao+�hthrein-
<br />::.
<br />1 a. A nerht of Dapoaitr. M the watt aorhaortrcM" of Mproventents is corhtemplated by the tan avid r- sid-by the Moto secured
<br />CC hereby, as addiional ssctxiry Meralfore. ThnW hereby tians/srs and assigns b Bena6cJary. alN dgh� titlaf and interest to any and aft. °.- :.. ; !•- ,• :'. :
<br />nxmWe deposrtad by or on behalf of TnxW with any city. coo*, Pub#c body or agency, sanitary dfstrkt, uftbty company. and
<br />and : or agency, tier the Installation or to steers the instaHatron of any unity by Trustor, peitaWng to the Trust Property.
<br />18..: 1➢i a aDi' stint Pav&wMp Exfa win N Troslrhr is a corPoMOR. epsneral partnership, or Nmdsd partnership, it wilt do all things
<br />i ;ltd prisserve its aorpofaN or partrhwsNp existence, a s tree case maybe. and all rights and privileges under the taws of tom.
<br />.}, ;; �ktlrr�tiatl ►ICwponeior►tx!;e�n• ".
<br />20 irt�aaranG�` ► '' 0 a WOW.. Any &bestance by lrvtmclary in exercising any right or remedy hereunder, or oMerwlse
<br />;; 4i•° ~: •' alKOrdad b�%ilpgpicabM:�•s� all ndrbt�>ir•,�hkaiveiof orprhadusRy ilhaorexprcise of any such right a refnedy. The proctryrlrmarnt ,
<br />e brs�ti�irp jt ;y ±a>na,oi l ei bcnarge.`of inns ores by aenelktary shall not be a wanner of Bane y a right to
<br />'° l�Nrtsediee Cut►hrrla0i+e! iSCi'6 ►1fedM provided in ft- oid of Trust are distinct and cumulative to any otlrrmright or Mmerly underWs
<br />I '"I
<br />II ird oP Trus<t or dNorrled bf► ihw of equity, and tnaX sae,S)W aed coneurratwy, lndependenai► or sucw0visiv..
<br />2s `. :9;wccaasA►s and Assigns &xod, Jos d'5evorw Lability: C40", s. The covens - %I JrW" en#� ties in canfe�kreid shall tNrt :.and
<br />r4ft)'ihlrirttrrhdarshat►kxm * to. "m4wbve successors and assionsof B$:7eli -try.; #'rr z®e,,.artG T rsto/ ANcrh�aelrantsand ='
<br />i iemants of Trusair stets �aloint aK*.� s ;. f? ce�ptions Per sings :ofiiltt #' c hiss wed of TnrsYare the f `,
<br />:. drhverhience only ri>fi3t to be used define 10' arda «urns tsns
<br />23 *&co. &caps for arty notice required �rM' W e dit law to b� rp+' w in another manner t7i °ni rfr�e tut Truslrr provided for im this
<br />Dead of Tnst~ be given by mailing sf4h notice by cerbftd math': refum receipt ngueslaod4ddthss9@#t • Trusttar u its Md N =
<br />address set k M above or at such other address as Trustor may designate by notice to 8ertg/Ta kIiary as picvided herein, and (a) any
<br />notice to BanefFdary or Tiustw shah be given by cw0sid Meg Mtwn receipt requested, to Beneficiary's avid Ttuatee's mailing
<br />address stated herein or to such other address as Beneficiary or Trustee may designato by notice to Trustor as provided herein. Any
<br />not * pro kbd for in toils Deed of Trust shah be deemed to have been given to Trustor. 8eneficia ty or Trustee when given in the - {_
<br />manner otesigrt W herein.
<br />24. Governing Law; Sew shiNty. This Dead of Trust shall be governed by the laws of the State of Nebraska. in the event any provision or - -
<br />elatae of this Dead of Trust eonfeets with appkcabM law, such eonft t shah not affect other provisions of this Deed of 1`rust which can
<br />be given clued without fie eonfocting provisions and to Mss end the provisions of this Dead of Trust are declared to be severable
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<br />25. Events of Default. Each of Me b%wing occurrences shall constitute an event of default hereunder, (hersirraftercalved an "Event
<br />Oro~,):
<br />(a) Trustor shall faN to pay when due any principal, interest, or principal and interest on the Indebtedness,
<br />(b) Any warranty of title made by Trustor herein shall be untrue.
<br />(c) Truslor shah fail to observe or perform any of the covenants, agreements, or conditions in this Deed Of TWO,
<br />( #j Any representao+on or warranty made by Trustor on any financial statements or reports submitted ht Beneficiary by or on behalf of
<br />TnmW shah prow false or materially misleading,
<br />(e) Tmstor ~fad to perlolm or observe any of the covenants, conditions or agreements contained inr,or binding upon Truster under
<br />any burrklithg loan egreement, security agreement ban agreement, financing statement, or any Other agreement, instrument or �
<br />document executed by Trustor in connecbWh with the loan evidenced by the Note,
<br />(s) A mutee, receiver or liquidator of the Trust Property a of Trustor shall be appolnted, or any of Nte cradltor9 of Trustor shall No a ..
<br />petioiort in bankruptcy against Trustor, or for Me reorganization of Trustor pursuant to the Federal Baitkr+uptcy Code, or any similar
<br />law, whrMf w federal or state, and it such order or petition shall not be discharged or dismissed wiffan thirty (30) days after the date
<br />on wifidtfii ach order or peti0ion was filed, _-
<br />ifgy) Trustor VW life a pew-o pursuant to the Federal Bankruptcy Code or any similar law, federal or state; or it Trustor shall be
<br />arl(utfged a bankrupt, or be declared insolvent, or shah make an assignment for the benefit of credtn� or shall admit in writing its
<br />ktabifity to pay Its debts as they become due, or shah consent to the appointment of a receiver of ash or any part of the Trust Property,
<br />(h) Final p*rent for the payment of money shaft be rendered against Trustor and Truster shall not discharge the same, or cause it to
<br />be discharged, witl►in Horny (30) days alter the entry thereof, or shall not appeal therms Corn or from the order, decree or process upon
<br />which or pursuant to which said judgrttent was granted, based, or entered, and secure a stay of execution pending such appeal,
<br />(t) Trustor shah self or convey the Trust Property, or any pad thereof, or any interest therein, or shall be divested of its title, or any interest
<br />Merin, in any manner or way, whether voluntarily or involuntarily, without the written consent of Beneficiary being first had and
<br />obtained, or
<br />(j) N Trusforis a corporaborr or parMershr"p and more than fifty percent (W.,o) of the shares or beneficial interests in such corporation or
<br />part wship, as the case may be, shall be transferred or conveyed. whether voluntarily of invountenly, without the written consent of
<br />Beneficiary bOV first had and obtained.
<br />26. ACCekntion of Debt rte elosure. Upon the occurrence of any Event of Default. or any time thereafter, Soneficiary may, at its aplon,
<br />declare ONfhe kidebte¢i!ess secured hereby rirwr ;id ately due and payable and the same shall bear i ,mr9st at the default rate, it any,
<br />set brio irnth;.9 Noun, or oh'tsrwise at GGbt Nghestraii'e.permNted by taw, and, irrespective of whether Beaehciary exercises said option, it
<br />may. at-AVri>".bw and in Ns sole discmhrw. w,dwtip any furl hawiVice or demand to or upon t'rustor, do one or more of the following; =_
<br />fen �an/ALialty may eatier,jVW, take p orsetssion 6l,. nT*Uge aNrd i perste the Trust Property Gx any patt'tt�9reOl: make repairs and
<br />aeeralorha and do any assts which Behefrcia'p'dgihms proper to protect the security t'reitar;a: and edtier. with or without taking
<br />poeaeeaion, in a awn rf &m. sue for car other#.Jos•,oMeet and ryretrrva tents;. issues ttj j�ay'lrits, i:tr,6Yr3tilg those past due and unpaid.
<br />wrxf wnnrlr hireiw :)ate costs and erpens8e.r.opsration arid CoNectton. including reeatUrtabie afbrney lees and Beneficiary's r
<br />costs, iK>isn Use indebtedness secured treret y cared in such order as Beneficiary may d4igrmine. Upon request of Beneficiary, Trustor
<br />shall aoombw and she# make available to MkOciary any of the Trust Property which has been removed. The entering upon and
<br />L taking possession of the Trust Property, the col*hort of any rents, issues and profits, and the application thereof as aforesaid, shaft
<br />not run or waive airy OW&W Heretofore or H►eihe&W occurring, or affect any notice of default or notice of sale hereunder or
<br />invalidate any act done pursuant to any such MOM MotwithstarmAing Beneficiary's continuance in possession or receipt and
<br />aippliccs5on of rents, issues or profits, Beneficiary shall be entitled to exercise every nght provided for in this Deed of Trust or by raw
<br />upon or alter the occurrence of an Event of Default, including the right to exercise the power of sale. Any of the actions referred to ut
<br />INS paragraph may be taken by Beneficiary at such time as Heneficlary may determine without regard to the adequacy of any
<br />security for Hie in(l9btednesS secured hereby.
<br />115) beneficiary shall, wthubi regard to the adequacy of any security for the indebtedness secured hereby, be entitled to the `
<br />appGirR."WrGI a receiver by any Court having jurisdiction. wtthriut notice, to take possession of protect, and rnanugo the Trust
<br />prop" and rafiera:a tl:g Sand er d colieCt the rents, issue, aril prdrirs therefrom
<br />lr ;i f]Rrerf.'ary mail tring any acbun in any eouttfif coorpotontiuti: eI AGIr to tareCoso this &C -Cf of Truro "'r enforce arty ai 11•0r
<br />CovenarM r",ereof
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