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�StY�(— '�u'`�.7''l}�i'2.�'lfJ,.i :'I ::`{�E���V � � r��iy:i�,rf'.i�'.•i`•'�S4�nF%;;:�i:��l,;;.�;j'{fl7 ;.i .(N i �1;/) . .. . . '-
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<br /> . . 1B. CovwwrNs af Tro�ta with Reapect ro Leessa.lA6thout the pNa wNUSn consent of Benellclary� Tiueta ahau not,dlracty a MdncHy. '�1..a`�'��'-`
<br /> ' wffh nsEwct to any le��s d apeca!n fhe Tiu�f Property,a�u►y pailon N�ereol,whe►her aruch leese is now a Mnaltaln�xirronc�: " °' ':'%`y
<br /> :.,. .. .
<br />- - '"�����! (a) Ac�P�aPe++nh�nY/'r�+Ym�+^t,dlscouMaadwnc�paym�rttolnnthereunrlwlnexcepsolonenwnfh, "-�. -,._�--;:-T
<br /> ' � �� . (6) Cenaa or tiwminWo Hw�une,a accepl any cancelJadan,Mnn►ntdor►a sumende�thered,w pomdt any�vont to accvr wlrtah woWd "�:.�:.�•:,.=:'`
<br /> ��'�"'#""`� aovur fhereunder to tem�lnate a cancel the same.Wher drsn temtlnadan 1a nonpeymenl oi�ent, -
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<br /> � `�:` ,;. � (c)Ame+id a ma11y p��nw ro ar ro roduca nw twm d�o�,d�i+s�p�ysbN lhensunder,a ro alwnps ar►y rs�swa�provlibnr �: ,�;;,F`;_.°-_
<br /> .`.�;b:,.;;;;nr:;���..:�.. . d►eratnco+uNnsd� �• .. -� � `�-�r;;:
<br /> �
<br /> �7 � (d) WN►�e�ny drhWf tl��unale►or bre�ch fhw+eol, 4 ;',��-,
<br /> .. �"'�` _._1�.''��,, ry ��y�a�sw�t,w�(vsr a approvel fherounder a teks snY ofMr ecdar►�n conn�clbn th�r•wld►.a wlth a kssN Nwrnntl�r,wA�o�► � �
<br /> ," �'+,:�'�ti!:� ..�'.�t'� w�a�lal fr�w dN�Ayct ol lmp�tdng rM valu�ol d�Naor'i�raamt m�r�und�r a dw prqarry subpct�Mrao.a ol Wnpair�rp d� �'��- -.
<br /> _ .. 1' ' '�:s�#�►t�y;;�� �'�r'�==--
<br /> . .e�:.,�,. �,. . Potl�on a lrNa��f W B�r�AG�ry�hrrNn.a �*_�-_
<br /> � "�. . , �:���t., (n �,�D� F�dO�.maApap�a otMnv�s�Wtpos�o%a�ncumb�r Ns�ntara�t�n uiy a�id loas�a any nmi,usws,Woiin i+rwnp
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<br /> � .`� �,,.�.. , a M1ilnp qi�n�w�w►.
<br /> - , ,°':°� . �; �", f� wa+w►a sr.wr.a u�,,�.�o�..r�.�o�a�..s:.�.r�.,r a rtisro►'s obllyadons�nd dutles 1►ereundar,end ro the ext�nt pamwtted .. . `''"m;
<br /> i�°" , •.,' by Aaw.Tivator waiws�ll p+ot�+►t a Muns af�tulss o/knWt�Uor►a wlth msp�ct to wry deW,demand a obligadon secured hereby�nd . . .
<br /> -� ��,— ^ �.: ;� ,�'�, � �ny�adon a procardln�k►!M pwpos�d�Mo►clnp Mta Dead ol�iutt a eny dphl�a remedlos contalned heretn.
<br />_�',�_��.•� -. � �� :L,•�;; 18. Aaafpnment o!Ooposlls./n fh6 event const�ucdon o!lmprovementa fa contemp/yted by the loan evidenced by the Note secured
<br /> , ,, �• !{ hereby,u addltlonil secu�(ry N�ero/are,Tiasta Aereby h�nafers�nd esslpns fo Benelklery,eN dght aUe and interesf to any and�N v,-w=r,;-:
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<br /> „ss.: �, . �'�� � menlss dsposited br w on bphell o/Tiusta wlth arry clty,counry,pubuc body a agency�sanitary dlsMct uUNty ca»pany.and �;���;�.;���.,;;�,
<br /> ��,�",'�• •.:� � .�: N'� any other body a apency,la fhe lnstaU�don or to secure the Jnatalladon ol any udliry by Tiusfor,peReln/ng to the Tivat Property. . . ��.
<br /> °r,.,-��''"" ' . • :�� � 10. CarpoiaGa�a PartnersHp Exlstence.tl Tiustor 1s a caporatlon,gene�al parh�ership,a Ilmlted partnershlp,it wlll do all►hings .
<br /> � `• • ' necessary b p+esenre its corporate a par�nersrop existonca,as tlw cue may bo,and all rlyht�a and pdvilepes under dw/aws ol tha
<br /> + � .;�- Stat6 o/!f�(/x:a►pdaUon awpenizada►.
<br /> i,.M.
<br /> '' ' � 2a Forbearance b Beneficl Not a Walver. forbearance 6 Benelkia in exerc(s/n en d hf oi remed he►eunde►,o►otherwlsp
<br /> ,. .:�r Y e►Y a►Y Y ►Y 9 Y 9 Y �:`-"
<br /> ' �- - --- ---- aflardatf Dy apPlicab7o law,shatf nar Da a tvah�er ol a prxrude fhe exercrse ol arry srtcn rlgnr o►rt+rnQay. The p►nru.amnnr ot —�-_-,.-'
<br /> <t ; � • insurerrce a the payment o/faxas or fhe discharpe ol Ilena a oherQes by Benelklery shsU not be a waiver o/BeneNGary's dphf Io
<br /> ,,. _
<br /> ��y�r°:�`• ,� �- eccelerate the maturUy o�d►e Indebtedness. --
<br /> :�. 21. Remedies CumWadve.Al!�emedies provlded in th/s Deed pf Trust are dlstlncf and curnulaUve 10 aAy other►ighf c►remedy under thla —
<br /> � � •�'��: .� Deed d Tiust a aHaded by lew or equiry,and may be exerclsed concunendy,lndepende�rUy or successivery. � � ��•
<br /> '";;,;;�••-.� � �t`,�rr:,
<br /> `� ??. Successas end Asslgns Boand;Jolnt end Seversl Uabllity;Capfio►�s.1he covenents and agreemenis hereln conlained shall bind, and ��.:;,,� ,,.
<br /> • ; • ...:.; ..,�;. i' �.�.;�..�;,':�.
<br /> ,;•�.; fhe dghb hereunder shalf lnure to,rhe respective successors and asslgns of BenaBclary,Tiustee,and Trusta.N!covenants wrd
<br /> 'd' ' �' � ���;�r�;; ,�:': �• aQreements ol Trustor shall be oMt and severaG The c dons and headin s ol fhe a�a ra ��`` '''�`�
<br /> � ' � . � BP 9 P 9 P�ol thls O�ed o/Trust are!a ��t��`;';i:S:�'r::::
<br /> . .,,:•,,,,�j�;; z:�,� convenlence only and are not to be used to Uterpret or define the proWslons hereol. �s�.,..;...:;;_;�-_-
<br /> ��i,.• . �� �,, . �-
<br /> 2 3. R o t l ce.E xcep t f o r any ao d ce�equir e d un der spp Uca b/e law tp b e g iven!n eno J h er manner, (a/eny noUce fo Tiustor provlded lorin thls "{' -
<br /> � ' .. . 'f`��'(�.�� •: :.:..::........,.
<br /> � I�r�,r , O�ned o/Tiust ahall be glven Oy melMnp auch nodce by certiHed meil,retum receipt requested add�essed to Tiusror atlts melling ' J �, �f
<br /> � • � � -��� eddress set lorth ebove a at auch otlier address as Trustor ma des! nate b noNce to�enelici as rovlded hereln,and b ' I�'t '���
<br />�<•��' ;,�I;,� �' ��.;;;,- _; ,v raUce ro BeneNclary a Tiustee shell be glven by ae�tilied mall,retum�ceJvt iequested.to Bene�J�'s artd 7rustee's meldng� ' �}�'��`��"
<br /> � ��l���r� , eddress stated hereln a to such other addiess as BeneRclary or Tiustee may deslgnate Dy noNce to Trustor as prov)ded hereln.APiy '�',}'r,� .�
<br /> ��;,�� �l�t� ,�yg 4t#�,� notice proNded lor in Mls Deed ol Tiusf shaA be deemed ro have been plven to Tiustor,BeneNciery a Trustae w#�en gi�an!n the J���r��•
<br /> j" • .�.,�� � � �,y..;� manner designated hereJn. f ;
<br /> � 1'%`;�:� '� '�'' 2�. Qoveming Law;SeveraWl'Ay. Thls Deed o/Tiust shall be gove►�d by the lews of the StAte of Nebraska.!n►he ev�an'Any�provlslon or � ��� �����•`_"�
<br /> " �• r ��`•�'r�''� clause ol thls Deed ot Tiust conHlcts wif�a I/cable/aw,such conplct shall nof aHecf ofhai roWslons o/I!►+s peed c:'7�st whlch can '•�rr� =�� -
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<br /> � �::�. .. � __
<br />-_.. " " ` ' ' "�' bC g�Vd7 C�'CZ t:IIIlQI1L III@ COR��IC�tRg plOVISlOnS Bnd�^�/1�9 PnCI fhP�/OVISIA�S O�fhl3 DBAfI 0I T/U9��'Q�B�i81E'CD P.�bQ SBVBfB�IB. . '{��1�}�r�'•'_
<br /> . • .:!,'~t�'�:�;' . - 2b. E�r�ents ol De/auJt.Eech o/the IolMwiny occunences shel!constl►ute an event ol delault hereurrds+:fha*e1rrehei cawed an"EveM .'�;ff�,f=�°v:
<br /> '� . :��:�,. ,,,,., a nereuir•�: °•'���`�-,�,
<br /> �: � = . �;.;, ,.,�-
<br /> •i � 'a''"'' (a) Tiusta shaJl lall to pay when due any princ�pal,Interest or principe!end lntereaf on 11+�tntlebJednesB, • �" '�`-"
<br /> � .i�'t,:��:�,? r � •
<br /> f .'.;i ii.�/''t`';.`;'�.j• . (b) Any wananry ol dUe made by Trus[or herein shall be unf►ue. ����.�. ;;i;�i��`;
<br /> ��' (c) Tiusta shall lell ro observe or peAorm any o1 the covenants,agreements,a corrditi�ns irt thls Oeed cf Trust, ."'�����:`:'`m:.'�
<br /> ' ��'%::'�•• �f i��� (d) My representallon or warranty made by Trusror on any Nnanclel statements or repuRS swdunittetl ta Beno�lclary by or on behaHo/ •���.��v
<br /> r � � '�%�%``,'"� � Tiustor she!!p�ove/alSe or matedelly misieadlnp, :�'�.'•"�-
<br /> }.,.,.. �,��.,,1.;°._-
<br /> ���� ')��;�� ��;��.� f i (e) Tiustashelf IeJI ro pe�arn or obseive anyol the covenants,conditlons a agreemenrs cvntained in.o�binding upon Tiustor under r�''�..�'�'�
<br /> �; = �;�kE�°,-_ .
<br /> • �.�;�,..,.,�';�; any bulfding loan agreement,secuiiry egieement,loen agreement,financing staterr�pnt,o�any ori+e►agreement,mslrument a '�� y ` ��� ,
<br /> �,'� �`;'+;,;:;„�r,, document executed by Tiustor m cannecnon wlth�he loen evidenced by Me Note, �p ''.t�+�a��� ���_�
<br /> . :r:,: �; ��,�.�j;:---.
<br /> . , .. (�A hustee,rece lver a Ilqu(dator o f the Tiust Prnperry or ol Trustor shelf be appointed,or any of the c�ed�tors ol Tiustor shel161e a ��
<br /> ,� . � �� • pedUon In bankiuptcy agefnsf Tiustar,or la the reorganlzaBon ol Tiustor pu►suant ro the�ederaf 8ankruptcy Gode,a any sim0ar .. .}�
<br /> � �•1;�;�,��'`' law,whed►e►lederel or state,and i/such orde�or petltlon shalf not be dJscharged or�ism+ssed withio thlrry(90)days a/ter tho data ., ; '
<br /> '_'ti _. _�.,;�: �rr'�.�;� on whlch such ader orpetl6on was 6fed. .,�. ���t�:==
<br /> , - . ,.,,f�:�`��:� �s..r+M. �.::.�__.._---.
<br /> . r� :.c;����.,..., (p) Tiusta shall 81e e peBNon pursuent to the Federal 8ankapfcy Code or any simdar oaw.lede►al or state,a N Trusiav shall be �- �
<br /> • "•`'1,Y�• ,t ; ..,---_
<br /> �.�•�,•c�i 4��;�y�,- • adJudged a bankrupt,or be decfar+ed insolvent or shall make an assignment!or Me benelit of creditors,a shall admd!n wndng!ts = '�:" `"'-"`
<br /> �'Sr fnaWb to a i�s debts as fhe become due,or shall consent to the e ; •;!'�`:;;'�-
<br /> �;fi.,,E �. � 'ry p y y ppolntmeRt ot'a rece,ver ol all or any part N the Tiust Pioperty. '. ;,. •. -
<br /> • �t��s��4�+;���f��6;;.;:nk? (h) FMeI/udgment lor the payment ot rnoney shall be rendered aga�nst Tiustoi and Tius�or shal!not d�scharge the sarrw,o�cause A to '':';''�����F
<br /> ' '��:;`��..�'2i:`�°�` • be discharged,wiihln fhlrty(30)days alter the entry thereol,or shall no�appeal therefrom o�frpm the order,decree or process upon � • � �'� '"
<br /> � `}�,• r,�;}�',. , ; '� P 1 8 9 Y pending such appeal, �
<br /> !��ti>'�„ti.:��K;,::;�'� . w h(c h a ursuan t to w hic h sai d L d ment was ranted,based,or ente�ed,and secure a sta ol execuhon � •
<br /> '�',��1:,{,<;�.,
<br /> • :��,• r�;�.r i�.,., , ' (i) 7rusta ahell sell or convey fhe Trust Properly,a any part thereol,or any�nterest therein,or shall be divested ol its hNe,or eny inteiest
<br /> � � ?,:;,:;�+;;. ,-• _, fhere/n,In any manner o�way,whether volu►+tadly or lnvoluntanly,wlthout the wnfien consent ol Benelicrary being Nrst had and >,
<br /> •]�:�;;,y., '.; obtalned,o►
<br /> • '`�� ' . U Trusfor Is a cor ratlon or a►tnersh� and more fhan li ° �.
<br /> � . (j) po p p ft y percent 150 a)o!the shares o�benehc�al mterests�n such corporehon or �
<br /> '�`� paRnership,as the case may be,sha►►be frensfe�red or conveyed, whethe�vOlunterily or invO/unlenly, wrthout fhe wntten consent ol
<br /> � �� , Benellclary being lirst had and ob�amed.
<br /> ?B. ACCele�etion ol Debh Fo►eClosure.Upon fhe ocCUrrenCe o!any Evenf of De/eulL o►eny hme tnerealter.Bene6aery may.ef rts ophon, �,
<br /> � ' R _ . decla►e all the Mdebtedness secu►ed hereby�mmed�atety due and payeble and fhe same shefl bear mterest at fhe default rete.d e»y, �
<br /> °., � � • , set/orM!n Me Note,or otherxnse at the hrghes►rate permrtted by law,and,,nespechve oJ whefher Benelrc�ar y exerc�ses sard ophon.d �
<br /> t�. may,et ds ophon and�n its sde d�screhon,wRhout any lurthe►nohce or demend to a upon Trt�sto►.do one or more ol the Idbw�ny;
<br /> •. � (a) Beneficiary may enter upon,take possess�on ol,manege and operale fhe Trusf Properry or any pa►t fhereo/.make repa�rs and '
<br /> � w alferations and do any aCts which Bene%c�ary deems prope►to protect the secunry thereol,and e�ther wrth a wdhout tek�ng
<br /> ic. '- " i.--�.._--- .... .
<br /> �• � . -- - ----- _ possession,m iis own narne,sue ior or omerwrse wnect ano receroe rents.rssues ena proMS.mC�utl�ng those past due and unpa�d,
<br /> " , . end epply fhe Seme,less costs and expenses ol operahon and collochon.�nc�uding reasonable altomey lees and BenehC�ary's
<br /> cosfs,upon the Indebtedness secured hereb y and�n such order as Beneliaary may determ�ne.Upon request of Benehc�ary. f�us�or
<br /> � t shalf assemble and shal►make ava�leble fo Bene%crary nr+y ol the Trust Property wh�ch has been removed. The entenng upon end
<br /> taking possessron u/fhe Tiust Prope►ty. the collection�f an y rents.rssues end prof�ts,and the eppliCeGOn thereo!as aforesa�d.Shell �
<br /> ;j► ,:�:,�; not cure o�waive eny de/ault theretolore or thereAlter occurnng,or aHect any nohce ol deleult or nohCe ol sele hereunder or �
<br /> ' f� lnvalidate eny act done pu►suant to any such nohce.Notw�thstand�ng Benel�aary�s conGnuance�n possession or rece�pf and
<br /> � �.; ;,;�ti;,:,A:� appliCahon of rents,issues o►prohts,Benelrciary sha�l be enhded/o exercise every nght prov,ued lor�n rh�s Doed of Trust or by law
<br /> � ,;,,i•� upOn or aRer the oCCUnence ol an Event of Delault�ncludmg the nght Io exe►c�se�he powe►of sele Any of ine achons relerred to m
<br /> '. ;; thls paragraph may be taken by Benelic�ery at such Gme as Benelrc�ory may determ�ne wdhout�eyn►v to tne adequecy o!any
<br /> � �;`�'�. ' �" secunry lor thE+Indebtedness secuied h�reby.
<br /> ' � "' • (bJ Beneliciary shall,without regard ta fhe adequacy of any secunty!or fhe lndebtedness secu►ed hereby.be enhtled to me '
<br /> � '�-_ �Aelntment ol a receeve!4y en.y ceun hsvrnglunsdretron.wrthout netrce. te ishe�ssessren ot.�re►ect.and manage r►re Tr�sr
<br /> f
<br /> Property and operete►he seme end collec�the rents.�ssues and prohts fherelrom
<br /> � (c) BBneliCfary may bnny any achon�n eny court o�competent�unsdret�on fo loreclose�h�s Deeo o�T.ust or enlorce en y o�rne ,
<br /> f covenanfs hereol.
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