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<br /> . ' ��� 17. �of StatrRe a/l�htitadan�TNne Is oithe essence i�a1 W Truslbrs oDrligaacns aaQ dfies henwnder artd to Me e�errt penrit�ed ;. �qar��
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<br /> •�_ '� actiorrorryocae6!ig br�Ae purp�oss ot enA�r�ing tNs A�eed aI Trtut or any d9Ms orrernedies oo�ed t�blrt.� .
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<br /> �.; :� ���. artyoMe[boilY�►agerrcY.fotthelrrstallatiWrOrloseCUre;l�alasfallet�ono/enyuD�h6Yrrustnrli�lnur9`taitrettriatFi�ly. '` - f
<br /> �'';- ''- • 1g CttrpO►aE�orr a f'artr�ership�tfTius�ortsa carparaAtats.9e�i'alParb�e�s�iR���►P��P:iRwil!dv�l U�drngs t;;,., .' , , �:.,��.,.�,.;.
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<br /> -'':�'`•,.,: - necessarytQ presenreits corporaG�st�r partrterstdp�-asNre c�e may De and alldgMs arrd prfvilegesurtdesihe laws of the , -_ - - .
<br />: ;' . s�aofttstncaporaBonaorgarrzaoion. , . .. :.�`t: ;r �-
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<br /> .;,:c. ;' 20. FarOe�ararecebyBe�claryMntaWalver.MyfarbearartcebyfHecrefrcla�ylaexetcis/nganyrigMarreme�iLrsneru+der.aotAerwlse �;:`.,s, .. :..;€�'°Y��;:
<br /> � aNixd�edhYaPPicab�slaw.shallnotbeawatv�era�forpre�udelhs.e�4���h►suct�tightaremedY�!?���� ' "` ---
<br /> .��. . ,, � ,' � ,` ins+u►artc�ar thepayment otfaxes ar fhe t/ischarga o/%nsarcAe[$iasOY Seiretrclsryshali not be a wai►r�raff.i�rte�'srlgMto _
<br />,,' ,. .. accererer�a.xamar+a�[�►aare�i,derns�ess . � ,:��:�;i � � - � .'` . - � �:-_=
<br /> .^�� � . _._ 2f..Rame�ci'�'?+�t�atrve.AN remeaYss provided in�s Oieed d Trust�e distlnct and curnulaoive to arry other right a remeO�,Gnderohfs
<br />,;:,,�,E:,}i ,�s� ' .7.` . ' Oeed+s�il,?i�r�ra�r�ledbYlaworequiry.andm�yDeexenclsedcon.CU�e�t►.�ndapendenBYasuccessivey. ;,.,. ' .,,}' • ` , :�;�:s;.�,
<br /> ` <X� _ 22. Succe���►s Bamd;Jdrrt arrd Several Liability;Capffa►�.Thecovenams and a$reenrents hereirt contalned sha�'�rc�arraP • -
<br /> � 1he rigl�� ., -t�Shalllnare to,the respecLive successors and asslgns o}Beaebclary.Tiustee.and Tiusta.All cuvertarrts�rrd __
<br /> ' �` ;.'.�_;._�_ agree���"l�%�,�`�',�S*�rrshaBbe Jolnt�rd several.The cepGiorts arr��readin9s of the paragrapps oftt�is Oeed ot Tn�st are far..��::. ; . �._ __. .
<br />, � ' . . , oony�_�anty and are not 00�used to l►rterpnet a define ihaticovisrons hereo% .:•: _ ' " � , 'r, ,
<br /> � . :` `;.� 23. NoIIia�t�v�pt for anY no0ce�'�d underapp�rcablelaw ta De'gtvenin arlothermanner_�a�`r��aoGCe io Trustor pru�cde,d�!in thfs � ' - �
<br /> �. -'''� _ � peedct'YSffst shall De glven by maifing such rtaD'ce by cer8fied mafl,retam�eee/pt�equest��'��Oiessed t4Tiustoratitssis�L�rg � . . ., � . -' ` � "
<br /> � •� • , address:set ta�th abore aat sucl�other addressa�Tnrstamay deslgnate t�rr.�rrce ro Beneficlary as pr�d.ed hereb►,aria�t�)ar►� ;.`" '1 '�
<br /> noticB uf�e�eficJaryor Trustee sha/l De glvea b�r�ed mai1.rawm rece;�rtr�;rested,to Beneficiary s,3r�r1�:7"ir�,..�ee�.ir�id:�g•`•:;,;.::':.,..�'�;` :: �, . � �_
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<br /> . . .. add%a� :rs�ted hersln or to such other add�ess as�eneNclery orTrustee map�¢�slgnate by nodc�to Trtrs,C+r;'+��itiv�sad'tir►r�lr.�skr'�•;:_>; ' �
<br /> , .. non�ce:,�i�i��led!or in thls Deed ol Trust shap be deemed to ha�e h,�eerr given to t�ustor,Beneficlary or Tiuslee wfisrrqlc+p�.tir.ff'�,:..;T''
<br /> ���,y�,�y��/��/@111. � ' p� �' ':.i r" �•, �'
<br /> �. . , . . ���c!s try!ew:cu`!14 f.�- ." � � . • ' � . :.,.. . .,r � . �.a.
<br />��,.,•.-�r;.4 24. Qove,+aia �:.aw;�c�.�,trllity.fiis Deed ot Tiust shall be gov�?av�'!�=���,L•he State ot Neb►aska.!n the event arr���war3i��i?�'? :. �' .. , :. .:
<br /> < < 4 ':%% , • c/ause�L9Js Oiee`d�enrst conflicts witb aPPlicabta law,suc.'r�:r:�3�.c�:�.`�-aar r��ct othe�provislons o!this Oeed ol Trc�t'.{�jwt.h►,�r r�� .` �
<br /> �f �� , be 9iven effeCt widra�t the conf!'rcHng prov/sions and to this er��:xs�;.��'?�1���,�.s Deed c;.Tiust a/e declered M bB Se►�i'-a1�� .. .. i�
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<br /> ' • 2b. Everr,��f Defau�.Each ol the following xcurrences shalf caris�i�;i��^%,���1�3�:aelautt h.��in�er,(herelnalte�ca!!ed an`C'cnt �f<•. ;, . � �
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<br /> . � of D�'k��Y'). _ �. .�: °;. . � � - ,,
<br /> ' � (a) Tru'stor ahal!fai!to pay when due arry pdncipat,int�res�or�r�ar`�+a�.'��ixr�t on the��`siedness, • • j {
<br /> _ �' ' � . - . (b) My wananry o!dHe made by Tiusto�he�eJn sfi�kl�rnauu�. ..; ,,,:.:::_ .�--� ,� .. ;
<br /> •• q - � (c) 7rustorshall fail to obseroe or peAonn eny ot�re cv.:��rams.ag���-;�;��,;:ondidons in thJS Deed ofTrtr�.� .. , �. -
<br /> ! (d) Acr,�representadon or warranry made by Trustor qn any Nnaa�,��_�ssa*arhents or repons submifted to Benefs�ry by orur�lsc-,`•sa/tof �
<br /> i .: . . ;,l�e,;�t�r shal!prove lalse or matae��•misleading. • �•s': �:°:' : .. " s .�
<br /> ;�};,lf�:r��r sha/l fafl to pedorm o�a�C,.�re any ol ihe covenants c�a�'rans or agreemenls Contalned ln,aWnding upan.T+3t�rfi��i7der �
<br /> 1 � ' ..,•�r�r�;aJd/ng loan agreema►f��ara:�nty ag�eemel�t,loan agreerrtent,financiRg statement or any othe�agreemen�lnstnurr�a�+r.c� � � ,
<br /> .;:';;,'•; i" � : • . ;`�•�tYC�*ent exec�R�la�/Fru;��rr'r.�eannec�on with 4he loan evldenced by�'s�tr�►ote. . , .: •:��,
<br /> ";';. f- • ,� "' `�. " (�r�rt,��r��,r�ce�v�,t��ru�.�#he Trust Property or of Tiusro►shalf be�,�elnted.or any o/the c�editors of Tastor s�l�tti�..�• .
<br /> ��r�te��m tranwcrp��aga,��:�i.�r�r,or for the rea artlzaUCn�*�iusior pursuant to the Federal8ankroptcy Code,o:;3l����am1�r•, •. .��
<br /> ,.,�:�s ., : , 9 .
<br /> ,°-��;��ix�n4the►fede�al orstai�8•�'Y��suCh a�dero►petlGonsYra"�t�rrrcbe dlsChvged or dlsc;tj�within thirly�30)days�$:r•?1���..��'t3'�' '�� ��, ,, ..: f;�.
<br /> • '. �rnti�i.7 ch such order or pett�crn ra�s filed. �: ��:` .,,��., •. .'•._ , • f.;�:'
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<br />� , ,. � �. • • �q) ��r�:�5ta shaA hle a petitton pu�ai'ranJ to the Federal Bank�up���Gde o�any similai 12rw,f�1�3ra1 O�State.Crr rl7rustor Sfi8L�,5e .
<br /> - • ad/udged a bankrupt or ba deGared Insolvent,or shall ma��an asslgnment for the benefd ol ciedifors.cy;�ial!admlt!n wrffing Its .,
<br /> , • lnablllry to pay irs debts as they become due,or shall canse^�ra the appolMment of a recelve►of a!I ar ar-��pa►t ot the lrust Property,
<br /> � ' (h) flnal Judgment tor the paymentG�''r;n'Cney shall be rendertit�..inst Trustor and Tiustoe ser�11 not dlscharge the same,or cause!t to ,
<br /> . be dlsch8iged,withln thl�ty(�3p)•cl��?alter the entry th9ie:�f,:rshall not appeal therefmm ae.*iom the order,decrea o�process upon
<br /> � whkh or pursuant to whlch safd'(;�msnf was�ranted,bas26�o�ante►ed,and secu�e a��t4y of execuA'ron pending such appeal, ?
<br /> �;• ,:5'�;`'?�• (t) Tiusta shall se11 or canvey the Tra,r Propem�.:�rc�.�^y pan thereot,or sny��yr�st the�etn,or shal!be dlvested o/lts Ntle.or anylnterest. �
<br /> ''�°f • thereln,!n any manne�or way,whether y�;ui�ri'•�Ilc�r Involuntardy,withoui fha�rwiitten consent o/8eneflClary be/ng llrst h8d and �
<br /> ,.t,;•.,,�:�;,� . . , ,
<br /> ._ ��;;.;., obtalned,a � ,
<br /> ' !l.T.!+JSjOf I3 8 COlpOf8ZI0D Ol p81D7E����A dn0 mofe th8n f,lry�O@rcent(50%)o!lbe shares or ben8licial Interests In suCh�Of3lion pr.
<br />' ' �� ' �rsh1 es the case may ba s1�1'be Uansleriee or comreyad,whefher valunf��ty or,nvoluntadly,wlthout thB wrrtlt�t°c�73�nt ot "�
<br /> � . .�a,�t?�. p. � •
<br /> . � . , ;;;19L��9clary being N�st had and otrt�ned.� ,: � . '.
<br /> �i�.��raUon of Debt;foreclosvr9. Upon me occuaence at any Fvenf of Aefault.a�eny time tnereatter,Benel►ci�ry�rr�:n�`►!3�arron„
<br /> , , dt�'r:rq a/l ihe�Rde6tednB99 seCUred hereby imme�iately du�ans payabte end the same sha!lbear interE��a!'�he dalauJt�ra[a.�t an�+, �
<br /> • � s���ln the Note,or ofherwise at the highest rate pe�m�tted 6y law,and,irrespecbve of whether Beaeliciary exercrses sard opaon,it
<br /> ;.,�,'�, � rne.y;,i�j�irs op0on anQ rn Rs sote disc�eUon,wlthout any lurther notrce or Qemand tv or upon Trusia,do one or more o1 ttts fvltowr'rtg;
<br /> :;,,�>;, � , • r
<br /> ;,�,. ,;�,;;.., (a) 13en�i(�rary may enter upon,take possesslon of,ma»age antl operate the Trust Pioperty or any part the�eofi make repairs and
<br /> ��`'�' ��� altaradons and do eny acts whlch B9netic�ary dcems propei fi protect the�seaunry thereo�.artd e�ther wrth or wrthauY takinq,�
<br /> ;,,;:.,�,.
<br />.;.,�:-r ' . • , possessto»,in its awn name,sue fo�o�oihenu�so col/ecf and recoive renfs,fssues an�t profds,inc/ud�ng those pas�due end unpaid, �
<br />' and apply the sama./ess cost9 arrd expenses ot opo►eho»end col�ectiari,Inc/ad;ng reasonab/e attorney fees and 8eneficiary"s �:
<br /> - - - Costs,upOn th�Indebtadness secured hergb-j r�nd in such order as genefiCi�ry may r�etermine.Upan+equesf o�Benaficrd+Y, trusior I •
<br /> ' ' ahaJl assemble end sha/l make avalablg to Benel�ciary eny of the Trusf PropeHy wh(ch has been removed. The�»te►ing upon and i �
<br /> . Iaking possesslon at the Trust Prop�r(y.the Coltectran ot any rents.+ssues und�tratits,and rhe appl�cahon the►eo��s�loresaid,shalf j� ...
<br /> , not cuie ar walve any delault Ur¢retotore or the►eatte►occuninq,or aNecr any natice oYcle�aulf`dt»a6ca at sa�e hereunder or ' 1
<br /> • Jnvalidate any act done pursuant to any such not�a�.Notw�thstand�ng ganeliGlary's continuansa�n`po�BSSlon a►ecerpt artd ,
<br /> eppliCBhon O1 rerrt9.�ssues o�profits.B�neficialy shalt De enbtl�c!to Hk tCfbe every�rght prowdfld:(�r�n t.h�s deed o!T►u5t br by/aw � •
<br /> upon or aKer the occunence ot ar�Evenr oi l7efault,rneludrnq ttre dg/if�b ok�►c�se rne pawe�os s3le.Any ot tne acbans referred ta�n
<br /> ___..__ —._:_._.,�...____._ _ 1trJS�aqraFh nra�fi�taR_a►4p�ene�c�ar�at such ume a�lTeneLctmry maX determme w�iHaui rerta�d tU tne adeqs�acY Dl enY ' - _
<br /> --. ..._
<br /> SeCnrlty for ihe/nde�tedne5s secrued Ae►eby. - -- -. . .._ .__.. . :---- -
<br /> ' � • (b) Beneficiary shd��wifAOUe��gat�ta'the adequecy ol arrysecurriy fo�tAe Irrdebtednas9 Setrrred rtE�reDy.De enbtled ta t�
<br /> appoJnbnentof��ece�ve►byany couRh2�ving junsdrehon,wifhOUt no6Ce.tD tdkA pbss�SSJOn ol,prptecf,end martaqe fRe T�uSG .
<br /> _ ,� .. . Pmperty 8nd opelaf9lhe same 8nd CO118Ct thB tent9,issue9 and pre6ts therBfiorn _ _
<br /> (c) Benefreiary may dnng any actoh�n eny coerrt of competent�ur�sd�ctror►ta fo�ecrose rn�s Oee�ol f�ust or enta�ce anY�e t.�rc�
<br /> ' ' Covenants Aereo% ,
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