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<br /> . �a cx�,.naa�n,aa►«�a�R.�aa r...�.w�o�r a»�►�re�►►�.�ore.nssc�►,r�►,�wna.aw+�►a�w.oM►.
<br /> �1►ntP�ot b�nY Iw�d�p�In olw Tnat PrqPr►�Y�a nY Pa�on tMr�ol.wlwtlw such Nas�!s now a MrwNr tn��a:
<br /> � (Rl �a�.n,�+Mn�p�,rr,�r,�w,00�o►.dw�os Pannn,e a n+k�,«w,►�d.►r,.,rc.�a a on.mona►,
<br /> �(a, oo��w n w�a���°�����"�'�►"�"t b aaow w/M�oh wauld
<br /> . �p� ��elM ianN ao�u b�ra N�1wm�IMnol,dM nnW P�YaW�tl�wx►d�►�a u�ohrp�a►y�wM A+�orK
<br /> (d1 Wa►NS any dM�t tlMrwind�r a brraoN ehereel,
<br /> !N wbu+d�i�uN.Mrcr aM,p�ip�a�w v��w,a�Maorimi`a.na ai«wr�br a�i►���nqp.�ly sub/.a aNnb��p+�MMw eh•
<br /> -�_ --- por11lan a iraorart ol Qar�aflclary fAwaJn.a --._.
<br /> . m s.�,sa+a+.�.da.mo►�ww aar+.►wr�.�o�.a�a�naumb�►!a ht�rwtln any�ard�ran a anY rw�t+.raws.pro�a�
<br /> arlslnp tbenaN►tNr. '
<br /> 17. Wih�e►of ShtuM ol Un�Itallor�,t.Tlme/s ol ths�sc�nC�/n d!o/Tivato►'a ob�MQatlaa�nd duNW Mnu��r,r�d ro tM�xt�nf pern�ffsd
<br /> by l�w.T�us1a waf�ea W pnsent a luhr►�a/ah�s of WiWetions wlth rospect b any dsbL dan�nd a oWlpatlon s�cu�ad Iwnby and
<br /> - - - any satbn a p+oceedlnp lor NN pwpos�o!enMnclnp Ghle Deed of Trurt a any►ighta a►enwdlN contalrwd hsrNrt.
<br /> _—— - --- - t� Asslyemenf ot Dsposlts.In tlw eveM construcUoa oflmprovemsnts Ja contemplated by fi►a lo�n eddwx.wd Ly ttw IVote secured °_
<br /> -- --- honbY.as addltlonal security fhere�ore.Trusta hereby hans/are and asslyrne ro BeneHclary.NI dpM,dW and lntarest b�ny and all
<br /> mpnfss deposlted by a a►beheH ol Tiueta with any clfy,county,puWla body a apency,sanlhvy dlsMcf,utlNfy c�o�mpsny,lmd
<br /> �nY other body a egency,la d►e lnahUlatlron a to secure the InsfellWlo�n W any utllity by Tiusta.pwtalNnp to fhe Tiust Prop�r�.
<br /> -- - � �aporsdon a PaAne►aMp Exlstence.l/Trusta!s a corporeW�n,yenerel paArwrshlp,or Ymlt�d partneishlp.It wl11 do all OF�ngs
<br /> ,-.,,';:— ��� �a��ufnwshlp e�datance.as Nw aa�a r►��y be.and aY N�hto�nd prfWl�pea und�r Ifw�Mrrs d•Ehe
<br /> �';� • fo�►dsa►anc�by Bw�wid�r')r AWt a WaJvar.My 11�r6oadvrce UY Bw�pf/c/ary tn exe►clslrtg any dpM a remsdy henundw.or o�Ehrw� .
<br />-��':�:.''�: 1 aAfoMed by�lleaDf�few,�r►Ot be e�wa�rer ot or A^��Ef�q v�w+dse d any such Nght a remedy.TM pracrrnm�n4oN F--
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<br />:::�:,;;_'.�' .._. M lnsurance a Nw PRJ�►nw'�t��qs a O�t�e cNscha�rpe o/•N*ns er ct�arge►��9o++eNclary ahW not bo a w�iv�r ol'8�arf�QfaG�Va►�('Im
<br />��;,;�,� „r. � � �CCele/ate N19�r�atrQlh oP091�itx�9bt@dnvss. _
<br />�:,'t� '�:::"'.,`, .°-'�,";�, � 2t. ifemedies Cumula�va.M►�e�edles provlded!n this Deea�c�Tiv9t are dlsolnct a►M cwrndatlwe ao an�r atl�r�igbtar nwr�dy undvr Mls —
<br /> •�r.'i. ,
<br /> ,,,,•,, � ��� ± D�aed o1 Tiust a allorded by faw d equNy,and may ba oxercise0 cwrc�+r►anUy,lndepw�dernlY or s�u,'c�slvely. __
<br /> �''� ,�•�• � 2?. Successas arrd Asalgns Bonnd;Jolnt and Several Uab/lfry;Captlons, The Covenanls and agreer��q+KS Aerefn canteined ahaU Wnd,and
<br /> .,,�, `;�:�;�:•,�?��1'i �.
<br /> • fhe d8hts hereunder ahall lnuie to,lhe respecdve successors end assl�ns ol BeneBciary,Tiustee,and 1'iusfor.All covenants and
<br /> � ,.,,t.,. • :
<br /> ayreementa ol7iusta she/l be�oJ�t and severel.The captlons end headlnps of the pa►ayrephs ol Jh/s D�eed ol Tnwt are la
<br /> •�t;r�:�.-K• •<-���:�,, conveNence on end aie not to be used tolnterpret a deBne M►a vJslans hereM. —
<br /> e•,�.,...r.�-••.�:. ,.... �Y a° —
<br /> '�°• ' �'��.� '.;�t�_ 23. Notice.Except for any nodce reqWreal under eppllcabfa lew to be glven!n anWbe�manner,(a)any nodce to Truator proWded/a In th►a �_
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<br /> :�.�,„�r�n�+,;„�.•.�► Deeal o/Tiust shall be glven by maUing such notice by cerHNed mall,retum rece/pt requeated addressed ro Trustor atlts maNing �
<br /> ' '''�' ' address set fanh above a et such other addreas as Tiusta ma desl nate notice to BeneBci as proWded hereln,and(b)ae
<br /> �..e•; •'" "" .,_�:!,° Y 9 bY �Y Y
<br /> �:•:�,��.���� notice to Benelklery a Tiusfee shall be pJven by oerdNed mall,retum iecelpt requeated,to Beneflclary's end Tiustee's melUng
<br />,.:'�-` addrsss statsd hsrsiri ar ta such athsr addness as 8atroNdaty ar Tnrstets�ttey des(anate by nodcs to Trusla ea pro�tded he►eln.Arry
<br /> �n.. ;
<br /> „� � S notice provlded lor i�Ihis Deed o1 Tiust ahall be dee►ned ta heve been plven ro Tiuslor,Beneflclary or Tiustee when gJven!n the
<br /> �
<br /> `"`��.�1�'+;2`�1��':, mannerdeslpnetedhereln. _
<br /> . � � ."�.a:�t� 24. Qoveminp Law;Seve�eblliry.Thls Deed ol Trust shal/be govemed by the laws o/fhe Stafe o/Nebraske.!n the event any provlalon ar —_
<br /> . �,`.". �;;ri,,�': c�euse of thls O�eed ol Trust con8lcts wlth appllcable lew,auch conBlcf shel!not aHect other proWsla�s o/thls Deed o1 Tiust whlch c�ur —_
<br /> .. ;;;��;;:: be glven e//eat wJfhout the conlUcdng pmvlslons and to thls end the proWs�ons ol th►s Deed ol Tiusf a►e decfared ro be severable. -
<br /> ` , '��'�;-t�.' ' "`�!.:�'� 28. Events of De/aulf.Each ol the lolfowing accurrences shall conadtute an event ol default hersunder,(hereinafter called an"Event '�
<br /> .� ,�',,,, 0f 0@leult'):
<br /> , , �'''::''''s.;: .: ;�,�
<br /> .;:.;�, (a) Tiustor shal!lall to pay when dua any pdnclpel,lnterest,o�pNnclpal and IMeresf on the lndebtedness, ;f��.;
<br /> °: ,;.. ,; . (b) My wananry o!Uda made by Tiustoi hereln shall be unhue, "'
<br />;�v, ° �'� (o) Trusror shall lell to observe a perform any ol the covenants,agreements.a condldons!n thls Deed o!Tiust,
<br /> (dJ My r+epresentallon or warianry made by Tiusfor on any Nnanclal atetements or repoRa submlfted b Banellclery by or on behaN ol �•.
<br />��'t � ,' i����; Tiusta aha►I prove lafse or matedelly misleading, ' -
<br /> ° • (e) Trustor ahall IaJI to erlorm or observe en o/the covenants,condldons or a reements conteined!n,a bindln u Tivaror under �-
<br /> ;;,. .. . P Y 9 g � o�'�=
<br /> any bailding faan agrcamont,security agreemertt loars agrsement tlnancing stafement,o►any othpr ngreement,lnabument or
<br /> � ' document executed by Tivata!n connactlon wlth the loan eWdenced by the Note, � �-
<br />'% •� • .. • � ���t;�'. (Q A bustee,►ecelve►o►llquldata ol the Tivaf Propery o►o!Tiusfo�shall be eppointed,or any o!lhe Ciedifas o/TiusM►shall/i!e a .
<br /> .v •:
<br /> ,;�';{ peUdon in bankruptcy agalnst Tiustor,or for the reorgenlzadon ol Tiustor pursuant to the Federel Bankiuptcy Code,a eny slmllar
<br /> . , � • , ,'� ';�;p"' law,whether lede►al or state,and!f such order or peNNon shall nof be dlsaharged o►dlsmissed w!►hln ddrry(30)days alter the date _
<br /> \ '��'�•'`.�;'�:� ., �., �' on whlch such ade�or pe8flort wes Nled, "'"
<br /> 4�'�•��:1.�� . (p) Tiustor shall/!le a peUtlon pursuent to the Federal Benkaptcy Code or any slmllar law,lederel or state,or i/Tiustor shall be
<br /> �;��r•� ���;"•r'�%-• � ''' adjudged e bankrupf,or be declared lnsolvent,a shall make en asslgnment for the benelit ol credltors,a shall edmlt!n writlng!ts �,,.'�
<br /> ''� •f^ � InaWllty ro pay lts debts as they become due,or sha0 consent to fhe appdntment oi e recelve�ol all or eny paR ol fhe Tiust Property, .
<br /> �A;�:;.. Y pr,._. .
<br /> , �r,�r,. (h) Flnal/udgment lor the payment of money ahall be rendered against Tiusror and Trustor sha//not discherge Me same,or cause!t ro
<br /> , be dlscharged,w/thln thlrry(30J days alte►fhe entry thereo�o►shall not appeal therelrom or from the order,decree or process upon
<br /> ' "� whkh a pursuant ro which seld�udgmenf was g►anted,based,oi entered,and secure e stay of executlon pending such eppeal,
<br />'� (!) Tiustor shall sell or convey the Tiust Property,o►any part thereol,or any lnterest thereln,or shell be dlvesfed ol its NUe,or eny/nterest
<br /> _ � • „ Mereln,!n any manner a way,whedrer volunte►!ly or lnvolunferily,wlfhout the wdBen consent ol Benellc�ary being 8�st had and
<br /> . : : � , .'. .., obtalned,or
<br /> , ,•,• " Q) N riusMr Is a caporatlon or perinershlp end more then Nlty percent(50°io)o/fhe 9h&ies o►benef�Cia!int��esSS x^s:a:h co►poratroar or
<br /> , � :�:: �•, perinenshlp,es fhe case may be,shall be bensferred or conveyed,whedrer voluntarilpr a!!val�c+�':�r��r,witho�aa e��x�+ttQn carrser+!ol' ,t�,;��
<br /> k•� • Beneilclery be/ng/irst had and obta►ned. `�',:�
<br />� ; � 28. Acceleradon at DebY Fo�ecfosure.Upon the occurrence o/eny Event of Oelault,er a�^yr l�me the�eaf�e•. Beneficiary may,at�ts optian. �;�•;,
<br /> • • ' declere al't^�b hrdebtednpss secu►ed hereby Immedlately due end pa,��able and t►re same sha/l Cear�zte►est at the delauB race.�!any. � ;�
<br />_;t`�: j set fa�n.r e.�e�t�te,a ofA�,►w�se at te�r,�;��rest rete pertnifted by�.aw.ana�,�rrespecr�va of wharrer Beasl�c�ary exercises sard snran.►t ; ,
<br /> t may,aQ�'s option artd rr ts sole d�scnea�ar+.ovlthrwt any Ivr�her nohce�dernan�l to a u,00n Trusto�,do one or rr��e ol the foJfowlrtg;
<br />`y��' r, (t�) @�✓ary may e�a�Oe��r.take passes.,ion o�l mar�age srrd operate the Tiusr P�oRaerry•a any part thereol.•make repa�►s and �
<br /> �L.`, allasGOns and do any a,cts w�lrch Benel�crary dcctins:p�opgr to p�otecl fhe secuirry thereo�end edher wnh a w+.:nnut tak�ng .
<br /> ��'--•-=-.� .Y---� � oossessia►.!n!ts own name.sue!or a ofherwrse coJ�ea end recerve rents.lssues end v►olrts.�ncludm�r those ABSf due and unpa�d,
<br /> :�,;,Yj�� • . ,:.:��.�; and epply tAe same.less costs and erpertses of operetlon and co�Iectan,�ncluding reasonable artomey lees and Benelic/ary's '
<br /> :.;;ti_1 ,;." � ,:.,, cos►s,upon the/ndobteahess secunednereby and in such ader as Beneliciary may deterrtnne Upon requesf o!Beneficlary, Tiustoi
<br /> • • ` �,;Er;�Y`' shell assemblo end s►�make awv�atNe to 9enellcfary eny of the Tiust Property which has been iemoved. The enfenng upon and
<br /> 1 ,t.:,, tekin g p o s sessior►c�►u+e�iust P r o p e n y,the collecnon ol any renfs,issues and prolits,and fhe epplica�ion thereol as alorese�d,sha►t
<br /> - ;'�;a . not cure a wa�vm any delau�t Me�e�o/ore or the►eaRer xcu►►ing,or aHect any nodce ol delault o►nohce of sa/e heieunder or
<br /> � � ''•�,r : InvalJdans any act dorte pww�nt ib any such nodce.Notwitnstendmg Benefic�ery's continuance In possesslon or receipt and �
<br /> applicaao+►of rents,lssues or prodRS,Baneliciary shall bc+en6tled to exercise every nght provlded lor in thls Deed o/Trust or by law
<br /> '° .; upon or aligr the vccunence o/an�vant ol Delault,inc/uding the nght to exe►clse the power o/sate My of!be echuns►elerred to m
<br /> __ � ��''' thls peragraph may be faken by 6erxficiuy at srxh Gme es 8enefiCiery may obtem+me w�Nrout regard fo me arlequacy o!any
<br /> �, •�,Y, seCUrity for the fndebtedness seCUred hereby. .
<br /> ' (b) BeneNclery shall,wlthout repard ro fhe adequacy oFany secunty for the/ndebrarlr+ess secure�J ner�by. r,e annrled to the
<br /> ,e
<br /> t � •`�.qi." appolntrnent of a recelver Dy any eouR heving/u►isd�c6on.►nthouf notice.to feke pos.QSS+on uf,prekeet,and manaQe the Trust j
<br />" �' Properfy and operafe fhe same and cdlecf the rents,Issues and prolits therelrom. t
<br /> � � (C) BeneNdery may bnng any acfion in any couri ol competent�unsdicUOn to IorecMse this Deed o�l'rusf or en/orce an y ol the
<br /> � . COV@R8/1tS hBli90l. �
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