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<br /> _- icc�bral�Mts memdly of fhB AndYbesdnsss• ' ---_
<br /> . j�,:_._ .n • '21. Rernsdrssca.nr�lsc�AArrerr�e�anvidbdinthttoiesdatnareroa�6irccandcarnurebWitaenYodprrtgMarer►�edyu�erthis =—__
<br /> � � ;-�.� �.• _. � . D�edoiTiustaeA'fa►dedDy/awapuity,andm�ybee�ae�bedconcwrend�►.l�alepe�Mentyorsuaa�ively. ��.
<br /> �` ' �s� � Suc�s e1MAssiQrts�ou�.loint and 3ewelbl fl�E�tj►'CapBans.The covenerns artd agfeeme�ns herefl►contalned BhaN bind.artd '�_
<br /> _ .; v. � 1• - � � -- - -- ' - TtaS6B8,mId TI�tOr M�al)d _�.
<br />- -- . ,�;�-� _ . ,�. - �he dgltrslrareund�e►ahaltkxxeaoy tl�respect�ire successa�s ar�d`assTgns W�enellcT�rY. ,t„�-
<br /> ::,.�4�;'.;�`;�i- ��� a9reemer�olTiustaahall be jdinand several.The cap0�+s aRd he8diR9s ofthe parag►aphs ofWs Deed olTirl�t are for -f�,,.��.,-
<br /> '. 'y �,',��A � . COAt�f6I1CB'Wdj/8tJf18f@ AOt IObB ff38d tOlA�f Of d�1118��1a1SfOt�$hBI601. � rl�:_
<br /> �6� _ 2 3 A f e�c e.E z�Ilor an yna0'ce�I�dred under a pplicab�telaw ta be glven fianoii�menne►.(a)any nottce to7�usta pmvldedfforin ihls . :
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<br /> ��•-. '� ,' D�9d ofTn�tahaN be glverrbymaiYng sucAnoOice by cerBNed mail,reAUm►ece�Jp!re9uested addressed to Trustoret lts mal�rrg -. -`-
<br /> _ �,..,^` : ffid�ess aeti►ard►abotre aat such othera00rsss as Tiustormay 0esignate by nodce to 8e�cfarYas Provk�edl�ere/n,and!b1�Y 7= '
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<br /> � �:;:. ��: ;:. .,� n o e r e s r o e s n�a ry►a r n r s c e e s n a N v e g t v�►�b y c s r o B e a m a r�.►e h rrn r e c d p r.e qoested,ro ee n e r c J a►�s ar,d rnistee s�naGwp -i�-�'���:
<br /> x`•.. eddress staGad herelna tosrrch otheraddress as 8enefkiary or Trustee may des/gnate by notfce to Ti�storas p�ovided h s r e/n.M y . .
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<br /> " �., r�cs provided lforfi•this Qeed�TiusishaQ be deem�d to have bee�t giv�►to Tn�sAo�Beaeflcla�y a Trus�ee wlren gi�nenln Lhe
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<br /> � - . _ - marrrterdes�retea►f�ereln. � - - . -.
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<br /> _ ��r,, .. . .� ` 24. Oanendr�g taw'SeverablNN Thls O�ed ol Tiust shalf be govemed by ihe►aws��e State cfNeWasKa.In the event mry p�vvisiOnW ;;,�..� `-
<br /> � ' clause ottlXa D�eed ofTrust conlqcES wfU�appHca4le law.sach co�d aha0rat a�lect ottre�p►oviskns ol U�s Deed of Trust which can �:-;,��-°
<br /> ' � _ � � � be ghren efff�ct wlthoat the conRcOing prov7sla►s and to thls ead the provi�lons ofthis Deed of Trust are decfa►ed to be severabte. , �
<br /> . . 25. ENents oiGefaW�Each of the following occa�nces shall conaA`hde an evenf oldela�dthereemde�(herelnafter caHed an"£veM :^: .�. ;,.
<br /> -- - .. :'„- olGefault"1= . ..,
<br />- ..'. (a1 Tir►stasha0 tafl to pay whe»due any pdnc/pal,imeies�or p�tnctpal and inierest on the Indebtedness.
<br /> g�� � , .�� _ ((�) My wa►ranty d tille made by Trustor here/n ahall ba unbue. ,.
<br /> `'�.;-�- � � (c) Trwmorahap�u ro observe or pertorm arry ofthe covenants.agreemenGS,a cortditirons/n thls Oieed o1 Tius� . .
<br /> ,�. - � •. � �d1 MY ieP►esen�dcn a wer�any made by 7rustor on a�ry finarrcial statemems or reports submftted to 8enefYda►Y bYQ�on 6ehaHol ,
<br /> .. . - � _ 7iustor slrall prove!a(se amatedally misleading. � .. ,.
<br /> (o) TrusAOrshall falf to peAam o�obsenre sny of the covenants,corraidorrs a agreemer�s conta/ned In,o�61nding upon Tieisto►under .
<br /> ,..., ". ` ..-- - any bullding loan agreemer+�securlty agreenre�loan ag►eemen�8nandng stetemer�or any other agreement.JesLvmertt a �;:- �-.
<br /> . ,, dvCUmertt exeCU[ed by Tiusta/n carneCilon widi dte ban evldenced by tAe NOA9. � �
<br /> • ' ' (/) A bustee,recetve�allquldatwof ihe Tiust Properry or af Tiustor shall be eppolnted,or any nf dre caedito�s of Tiusto�sball file a
<br />-. , . peL�ia►In banWuptcy aga�si Tiustor.a fo�the reorgaelzatlon of Tnator pursuant to the federal Bartkaptcy Code.a arry almllar
<br />_ • - - , .. - law.whefher ledere►a atete,artd N such order or pet/don sha!!rrot be dlscharged o�d/smissed wlthln thirly(301 daya elter the date . _ • ,. _
<br /> - -_ - ... ._. on whkh such ade�or petitlon was Tiled. ' , _...:__.. �
<br /> _ � (g) Tiusta shall file a peddon pur8uant to the Fedeiai 8ankn�ptCy Code or any s/mllailaw,federa/or state,a H Tiustor ahall be ,� . �
<br /> ;. �,� - . . adJ�rdged a banlaup�o�be qecla►edlruoNe»t,or sha/l make an assJgnment for the treaefit of credttora,or ahall admltln wdtlng ib � . �
<br /> . ,. Mability�pay fts debts as they become�7ue.or shall cor►sent to the eppvlrament ofe�ecelver of aff o�arry part of t►te Tiust PropeM� �. �
<br /> '�N �..�__ . .. _ (h) F/na!/adgment br fhe payment o!money shal/be rertdered agalnst�i�stor and Trusto�shall rtoi dlscha►ge the same.0�C8us91t b _ __
<br /> _ . .i�i..� ...._- '-- - - --
<br /> • � be dlsCharged,with/n thlrty(30)days alter the entry thereol,or sl►aN not appesl theiefiom ar irom the ordei deCroe o�proCess upon - .
<br /> .. - - - .. whJch a pinaeant to whkh sald/udgment was granted,based,a entered,end secure a stay of executlon pending auch appeaG =-- _
<br /> - ;� � . 0) ��eny Manner a wey.whether��irta�rHy�r nvalynta�.��ut�rw nen�conseni�BeneHclary�ng flist had and �
<br /> .,�„ . . .. obtalned,or ° �;
<br /> _ � � . , .. .. . (p 1JTinstais a co�poradon o�parG�e�ship and nrore than 1i1ly perce�t(50%'0)of Nre sheces a beneflciallnterests id such.coiporetla�a
<br /> . ' -.. -.� -�-- Be�abelag�iat had ei�d o�ned hansfened or conveyed,wheMei voluntarlry or lmofa�+tariry.wldrout the writlen oa►seM of .
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<br /> .� �;:•,: � 2� Acce/e�adon ofGeb�Foreclosuie.Upon the xcunence of any Eventof Defeu/f,or any tlme theree�er,BeneNClary may,at its opHan, t -
<br />_ •.. ' • dec%►e all dre Irtdebtedrress secmed heiebylmmediately due and payab/e and the same shall bear lirterest at the defautt rete.N ar+y, � :
<br />-_ - - set taN�ln the Not�oroMerwlse'at the h/ghest iate pennitted by►aw,end 1�s�8 e tl v e a f t v h e t h e►B eite flC lary ex e r c lses s a�d op L l o n,�t
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<br />—=�;,,� - msy,atJb optla►and in ll�sole,dJSCreOion,wlthouf any fuMrer not�ce or demand to a upon Tiusbr,do one ormore o1 the loltowing; �_ ' _
<br /> _- - �� (s1 BeneNc►a►Y meY enMr apon.take possessJon of manage and operate the Tiust ProPeRY a�Y P8��F inake iepaira errd .
<br /> _= `Y aM�aBo��and do any acfb whkN Bs�l'ic1�y desms ploper to pnotact ttre secu►ity thereuf,and eltlier with er wlfbut takJns
<br /> _ �;_•��.--__ _.'-_ - • poosessbn,Inits own Rame,sue for a ofherw/se cot/ect end recetve rdnfs,lssues ar►d profits,irtcluding those past due�nd unpald ; ,
<br /> -_ - ' and apply the same,less cost8 ertd expenses of,ope�ation errd collecdon,lnclrrdlnq reasoneb/e auomey fees a�Benef/cJary's • �
<br /> -- - - . .r:..�;:=��':..: a�s upon the/Rdebtedness sec�ried herebY and!n sach arder as Be»eflciary may determiae,tlpon requestcl Bene�clsry.TrusAOr
<br /> ��•; �.'=-�:.•� - afnW�6k arrd ahall make avallable MBenel�elary mry of theTrust Properry whkh has been removed.The entering upon and i • ,
<br /> r .� �'•�: �`t ' tatda9 Po�.sesalbn ol the7rr�st MopeAy.the collectron of any rerrts.Jasues and proliis.artd the applicadon thereol as efor+esald,shap
<br /> � -��:��.�� �` not curo or watve any de/auRtheretofore ortherealter occu�ng,aral�ect any nollce ot detault.or netice of sa/e hereunderor
<br /> � . �:� . t. InvaNdaEs ary aof dons��arrant b any auch nctice..Notwfli�standing Benet/dary's cantlnuance Jnpossessbrr are�Celpt aird �
<br /> ,�.�;�.�• ; � app�pt���,Isaues or pro�ita,BeneHclaryahall be e�ed to exe►eisa every right provlded fa in this 08ed of t�st a by taw r
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<br /> �=�,':`-; ": �qparegreph may be teken by BBneHcJBryat BNCh t11ne�.Be�llclarymey deG9mdne wJthouf i+egriM to the 8dequeCy ol aey. �- .
<br /> �. _::-.., . aec HwHy tor ihs lndebtedneaa secured he►eby. • . � .
<br /> .. ., �` �`,:� (b) Bs�fk'Ia�Y shNl,wflhou�regard to the adeqltaCy o1 a�ryr seCarlty fo�the fndebtednes9 seCw+ed hereby,be enlNled to the ' `
<br /> , �pdnensnrol s rooslva►ey aay c�rxt�ravlrig/vdsdlc�on,w�u�outnoac�ro rake passe�on ol.protecb and n�anage rhe rrasr , � .
<br /> :.;; ;; � -.:�, �: P�o�perty and ape�are the smre andcaNectMis rer►ts.lsaues and proNts there/rom. :: .
<br /> • . ,., . (oJ eendkla►rn�ay aJng�any acda►i»any co�rr acanperernJurisdlcaoa b forecrose�►IS Qeed a�'rr�sr�eMaee arrj►or the
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