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<br /> � � ' i�N1N►01 dF�oldfDN�O►MIbO�dif11A101tq�r��ipfNd by allp�ao��11W111p+�f1 I In fM QM)MI�M�dNolMlll• �:r5c."",�:'.
<br /> �,;_ -�' � . .�subbrdiMtinp any Int�nsl in tIM CaII�tNa�whleh H p�io►to th�lm��t d Sawrd PuIY. (�) Not to MII.a�►tK or .
<br /> _.r��, � d th�Cotl�t�al nor t�k�tM wme or�tNmpt to talu th�a�ho�n tM county wh�n kNK a�It�d wlHaut ih� .. ��
<br /> _,� . � . . p�lor rnllN�oo1�Mft ot t��cwrdP�Ay� �)To py tll t�xa and a�wnMnq of�rwl►nM�r whlah m�y W M��d o►aM� . .r.
<br /> . .. Md�paNut 1M Coll�t�ral. (6)O�biw�riEO � to Sscu�d Party annually�.�aqeqd�N wch otAer Nn�a a aecund Puly In�y , .
<br /> �;,�, . ' dMOdb�d In lhU 8�turqy AprMm�n� � bfl.h produ t�0►�Not tO p�rmR or Mlow a�ny�idwn�M�n.Mcu�th►iMr�l �,���`� ��u_.'`
<br /> a n�annbn�ne�whaw�var u�pon M. t.nu,�na not a o��•srn.to w.ehclNd or�p+.rtrMd.(t)Tn�t th�Co1W�rr .� , ,
<br /> _ • a In pood contlluon�nd that D�hbr wNl�t his or Mr own�xp�nM.k«p fM pnM in qcad condition and from ttnw�10 WM. ..: „ " .,X',�
<br /> ' bAhwiMi,npl�o��nd �.�r w�n p.m a en.co�r• i a�nMr b�brok�n.wom oW ar.�da�p�d without�iloM�q�n'll�n : . ,.;:..-:° ._
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<br />_ to M a►�et�d upon th��laMral'014 �ccount of aueh riptacem�nt o►np�fr�.wnd th4t a�ie S�und P�ty may�xamfn�and . .,;.�,� . :',..
<br /> } � , N�ot th�Cc�Il�tarN at anr tlnn.�wh�rw�r loc#t�d.(0)Th�t D�btw wiN�t Ms c�r h�f oMm a��p�kNp IIN COIIaIiMI k�iW�d ' . ..,��:.
<br /> ��, ,� ,. . b• ny att�t�ctory to S�eurw Pa�y palnst lou,as�ppropri�b.Cy thstt.colllki�+h;i •nd�ct�ndrd oowr�.wMb � . .••,
<br /> -- . : . .��!e 8eewecl Pe+l�r�Ife tMe�rei es�r1N!est derrsttc�elire►eaF�"!�Mi!�w nt uawane.ar brwl.b�nal • �- ..if'—' !=�"•- _
<br /> o!N1I�1 NNU�M10�to SrCt1Ad P�ty.(�)At fb O�frd P�ty m�y pIxuro luCh if1lu�ailQp�tl1iCh�►Q�1�1DM.p�fs 9f wClwfty .�,,`•"�' ;:;*...1;�.�ti"'tt''�,'-
<br /> kM�Nt�or otMr uiaumbninces st any Um��vMd a ptapd on tM CoN�tual�nd maq�a.y fw the npdr ol any dan�s a ,;�.. •i.�� � �1,,;:?:.;:;� ;
<br /> Nyury tn or lor th�pr�arva�lon.l�nd mNnt�nane� ot t►a Coilabral.ON►tor a np to�BSpr:�;ilp S�cund Rart�r cn d�r►wnd for .'•.:�::i�•�., '. ,+,t.'�:,�
<br /> any paym�nt,o►�xpMN.lncurr�d by.3�eur�d Party pur�twnt o the f uthorlxa'tion. Until�ueh rolm }:�.__ •.���:'�_ _ ____-_
<br /> ' per annum te o p� nt un I n mburNm�nf, shW bs .':;;; : , _, , a
<br /> . �df��d t0 tIN Ind�badntis Owed br O�bto��od sh1�11 b�MCUhd br this A�r�sm�M. tO�That d�Otor wlll not u�tM Cot- � .., �'
<br /> MMral in vial�UOn of.any applkabt�st�tids.ropul�tlon or ordlrumes end i1 any�of tM�I�t�►al i�motor�whieln.tM am�will •••,. ,. � `�. `'.r== .
<br /> not 6�r�nMd nor us�d In nnl�l sWVk�nor in any spNd or�ndurnnc�conttut. ,. w.�`
<br /> ` � UNTIL O!l�AVLT Debtor m�y A�ve posss�alon af the Collat�al�nd use i1 In.�ny lawlul mmnK not Incontisbnt wit thi� • :';;����"�'r�s:
<br /> • A�rwm�nl and aot Ineonsist�nt wlth any poliey of In�unna tl�non,and uPo�.d�f�lt SaCUhd Party�11 Iww tl►f•4t�r►�M . ',.,;:: . s� _
<br /> �b►ipht to th�postas�on of tM CoN�bnl. , ,, . .�•. "�
<br /> O��TOw�NALL�E IN DEFAULT und�r thl�A0reement upon the h��animq.W:amy af th�followin��wnb or cond(tlone: ;'�'.'';:, .,..-.s ;;�-
<br /> � (1)Wt�Wt In iM p�ym�nt or pulonnanes ot�ny obtiqapon,coven�nt of l��,t��^,y�cdm�inod or nfsrrod to heroin w In amr not� ,';',. ,.t.: '+" ° �.f.
<br /> svid�ncinp tA�iam�;(2)any wamnty,rop�senutlon or finmcial et�temorn�made•Or lqmiih�d to 3xund Party by or on b� � .,�. ,p� �-�'•����.".���
<br /> hW d O�biw k di�.oursd to fuvs barn la1M In any materfal nsQ�ct.+�hoo�anade.a fur�hi�h�d:(3)anV�wnt which r�lt�9r. . .,,..; . �,;.,,._
<br /> ' oa�ld�wuN In th�aor,�l4iallon at�tu�mitu►itf�of the Indsbted�ets of Debt�r:io dtbMY�•acncfm�ny Ind�ntun,�phsrtNnt o►uridiP• .� ��,�;;� ,�__
<br /> . dikinq;(a�iws,M�ft,d�maye,desbuctlon aab or encumbrence,to or of�ny oS thi�p10�te�•al�or the makinp of any levy,�Nturo . �'+e:i;•.. �w
<br /> � ' or�1tacCim��,thsreof or therea�:�'h� de�th,dis�olution terminadon of exlattnce, Inwlysricy�buetn�ss Isllurs,�ppofntment ot a ,
<br /> lec�F4e►.01 imy pli�t of the Gbllateal,aaipnrtNM fcr the benefit oi creditq�'6y Clebtor,or ths commenc�mNft ot�ny procMd- ,t ;,. : ,��
<br /> .: Irqs und�i vny MMuuptcy or fnsolvency I�w�by or�g�in�t Debtor or any yu�RA�tor or sunty for Debtor. . ,.
<br /> ;�`;. UrOM iUCN DE�FAaUL7�nd at any tlme 1he�Ee�'f�er,or If It deems Itse N inaecun 3ecun d Party m�y�d e a lsro s l l O b 11�a t l ons. �'.,; ' ' ' � ,�J
<br /> '.,,., �sCUred her�by imrnbrll�te�y due and payeble and shall have Ihe remwlles of a �eaur�d Perty under tAe Nebraskq.U nifoml .
<br /> . Commercl�l Cods.Sbcured P�rty mey requlre Oebtor to e�eemble the Cqllateral�nd deliver or m�k�it�vail�ble tq�und
<br /> '��;' Party at e pl�cs to be dssipnated by Sacured Perty whlch ia reaeon aly convenlsnt to both p�rUst. Unkq th�Wllat�rrll i�
<br /> pedahable or threatens to decline speedlly in value or ia of a type oue�mmarily aold on e recopnfzed m�rket.3ecund Puty wlll '
<br /> .• � �ivs Mbtor reawnabl�nofice ol the time and plaeo of any publie ed10 lt�ereoi or nf the tims aRe�whieh any private eaM a �
<br /> �;• �ny other Intended s�7sposltion theroof le to be made. Th�requiremehta of rsason�bk notie� ahNl b� rt�t It such nOUco Is
<br /> mdNd,p0at�pe propaid,to the Addr�p of D�btor shown at th�bapinniny of this Apnert�nt�t I�at thrw busin�p doys bNon �
<br /> �� 1M tlm�of the ade or dl�po�ltlon.
<br /> � No w�iv�r by Seaured Party oi�ny delault eh�ll opsrate se a waiver of any other delault or of th�Nme def�utt on a futuro ,t �
<br /> � occatlon.tho t�king ot thia Security Ayreement ahsll�ot walva or fmWk any other security sald Secured Party may havs or �• , '
<br /> ,� . ,i, ��' � MnNbr ac�ult9 IoY the payment of the ebove indebtedness, nor shall the takinp of any euth �ddltiond aecurity walvs or ,;:
<br /> � . • Impolr this 3eCUrily Aqreemenl; but aeld Secured Parly may resort to any security It may have In the ord�r It m�y dNrr+ ��,�� �•
<br /> proqr,and notwithst�nding any colhteral security,3acu�ed Pe►ty shall retalrt lts riqhb of set-oH aQafnst Debtor. • '.�•;_��'
<br /> • ' . All rlphtd of Secured Party hereunder shall inure tc the bene8t of its sbccesaoro and�sslpns:�nd dl promieas�nd dutiss o} ' � '�:;'• ' �
<br /> ��� • Da b tor s l f�l l b fn d h ie or her he lre, pe►sona l reproaen te t ives q►h i�,t w�or�is auccea�o�or aaa lpns.I f t h e ro b e m o ro t h�n o M , , , � �`�ti,'.,'t•
<br /> . , . ..., D�btor.their Ilabllitir�hereund�r ihall be�oint antl aeve►al. '��E�;';,+��j ' , ' ' �
<br /> TR9s d►greement shall become eflectivo when it la aignod oy Debtor,A carbon, photographic or oth r're ro�uoti0n•bf thb �' ':.• ! 1��`�'''' '
<br /> � tibne0$ecurity Aynement or FlnpnclnQ Statemont may be uaed as e FicwnCing Statement. ,' �� '
<br /> ` -,�'� . • , ' , : . .. . . � ' ,• .•. -� ' ADDENDUM �' . . , ` ,.
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<br /> , ,". ' The undorsigned,heielnelter"Owner/Dobtor",owna or haa an intereet i� Ine colleteral detcribed on the reverse sids o}this .� . � . •
<br /> � , � ,, ;f,�:j;:! �.' ' "���' '' � ' Agreement, but ia n��t a party to the oblipntion secured by thla Ayreement.�Oy�xecullnp thfs Agroement.OwnedDebtor under- . � .
<br /> �� �,� �i' takes no oblipatiof►,Ior rApeqment ot auch obllyatlon.but walvea all right.Ntle and Intereat In end to said coll�toral to provlde �.� , • •
<br /> `��`.i,• � �ecurity for pe�lormance of ihe oDllqatlon. All provisiona of thfs Agreement epply to Ownbr/Oebtor and the term"Debtor" et r �' '
<br /> . • , • usod In thls A�reement end any accompanyfng Flnencing Statement refere collectively to Debtor,OwneND�btor or both u tha •
<br /> • ' cont�xt mpy raqulre. �
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