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<br /> �a cov«�.rm a r,wror wrm A.s�cr ro�..a.s.wnnaur a�.w+a��,�+��^±'��'r:�'.is�w a'r�.'a«M�'
<br /> wMl►naprct ro�ny Maa�ol�p�c�In tl�Tru�t P►q,p4rqr,or�nY P�
<br /> (�Y1 AcaM a P�Mt a++Y PnPiY��dlscowwit a adw4rtAR A�►d nnf henw►d�r/n rxcW�ol orM montl�.
<br /> (�W:C�ncN a brnYr�t�d»wrn�a�cc�pt�ny c�na�HQilpn timNnatlon a�una+ida tMnol,a pandt�ny�w�M ro ooca wNOh w��fd
<br /> � oCOUr tlwnw�dM to fMmMi�M a cN►cN N�arrN,olhsr f}�an MnnMaA�rxi(or na►P�Y�a��
<br /> (c1 �+►�nd a mqd1N fM tan�ao at b nduc�tlN t�rm N+�nol.tlw�wM�l,pey�bN tl»►�undn�a M cha►+Q�rnY rwNwd proW�Iorw
<br /> ,• qre+�/n caa�lnrd,
<br /> `. � ' (d} Witw�ny de/wfl MHNwu►d�r a bnach�Mnol,
<br /> � '"'`"-.^"'`°'�':: (�1 �d hew t�h8 lf8ct�fin eldrr�fhe ve��h�si�a���M��a mn AroPMN+�W����O�f Im�p�f��dN
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<br /> .�: ,�::r�,�.;..r po�lolon a N►nNwt d 6rns/1clwY�aWn,ar
<br /> •; _„.'. �Q SNI,ualOn�Aled���mat0a��a otherw►a�dlap�oe+d.a�nowr+�r lb Mhn�t In�y add l�or�nY rw►t+,luwe.p�IPb�++uMq
<br /> ,..r, � a�!alnp then+N+dK.
<br /> � .�'L" �i�e.• �.w,�•v !h ». Wvlvw of SfeRAi ol UmihBone.�ims!$o!dra oa�MRa!It All W TiWlo�'a o W l��tl o n s u i d du W s/N n u n d er,md to tM oxtn►t pe►rNK�d
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<br /> � by/aw. Tiuela wNwa NI prMan+t a futun slehrtq�al Nmlfadane wlfh n�P�at ro ony dedt,demand a obliD�don seounrd A�nbY
<br /> . any ac►N�n ap►oce�Wng lor ua pwAosa ol�nlbrrin�Hdu Qeed ol lnuat a any dgbta a rerrhdlas contd�wd Mraln.
<br /> - .�,� 18. A7sIQr�r+e+rt o!Deposlt$.!n the erant consbucUon ol InlRnouertrenfs IA contemPlated by the ban evid�r+ced by fhs Nots arcursd
<br /> ' at1-�.•!:��u� f�enby�.a rarwaw�ar s.curtry a�en.rora,rruaror�+wvibv ba►ste►a n,d esa�pns ro eeneAcruy.a�rrgM.dw ana�ra�reat to�ny and w
<br /> �� � mo++►!!es dspaalted bY a on beNalt ol Tiusla wlfh enY cIN,counb.Publlc body a apency.senfpuy dlsblcf.ud!!ty compeny,a�d
<br /> s mo
<br /> �'xr ' .� �rry Wher body or a�ency,Iwohe lnshBadon a to�acurv the Inst1�!laUon ol any uNllty by Trusta,piRalNnp ro the Tnut P�opwfy.
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<br /> '�, t� Corpoadan a Pero�wrsMp Fxlata�ce.H Tnrsrorls a corporadon,Oensid P+u�hwrshlp,a flmlted PivhierslMP�it wlll do a!/fhlnps
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<br /> rtscessery M A�erve!ta co�rpor�te a P�rOne�h(p exlstencs�u dN c�s�n►�y ba.and al1►l�hts and prlwfl�yss under fh�l�ws ol tlN
<br /> I� ,. ° �. .. . . s, etets ot 161 lncorPa+W�n a o�►peM�atlnn.
<br /> ? ' 20� Forbean�nr.t bY BenepGery Not e Wnlver_Any l4rbearance by Benalkleuyln exerclslr►�anY d�ht a renwdy hereunder,a nthe�vl8o
<br /> � �1lqrded by eeMppllcade lew,shall iqt be a woluer d a p�iclude the exerclse o�any such riqht a►emedy.The pracure►»Mt ol
<br /> lnswav�ce a N e payn�anf of taxas or fhs riluchar�e of fJnne a cherpea by BawNdwy sh�ll not bo e walva of BeneBdary's Hyhf to
<br /> :•. : � eccelerate the matu�lry d tha Indebtadness.
<br /> '� . •'�'�'° ' � 21. Rernedies CumWetive.A f l rem e d ies p r e w l�t e d ln.t h l e l a e e d o t T i u a t e r e d l s tl n c t a n d c u m u l e d v e f o e n y o l h er d pht or rem a d y unda fhis
<br /> �` •'�`. `;•`" . � • :�:` , Qeed d Trost a aNaded by!aw or eqully,and me y be exarclsed concunenGy,Independendy a successlvely.
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<br /> '"';;'•�'�_°;',''�,,;�c"�;,:�,;, . . ?2. Successor.s end Asslgns Bound;Jdnt end 9evQral Uabldry;Cepdona.The covenants and agreements l+ereln contafned ahall Wnd,and
<br /> '• • '' ,�.P��'•,;�,• . • ,'.%' fhe hts henwmder shallfnure to,dtn rpapecduQ successas and esslgns of BeneBalery,Tiustee,and Tivafor.Alf covenants and
<br /> ;'.,��:��;:` �„��,''`.�;';,::.`' : ...':� • ag►eemente ol Tiusta shell be�oint end several. The aa{pdons and headinqa ol tl►e parapraphs ol thla L)eed ol TnwN►a�o►
<br /> • � conwnlence only end ere not ro be used to lnterFwt or deNne the p►ovlslons hereol. 'N
<br /> � ' � � 23. Nodce.Except br enY nodce re4ulred unda►appl�ceWQ 1�w to be 9lven!n enother menner,(a)any nodce to Tiustor provlded forin M!a
<br /> ;;,;,.:��, 1 ;• . , • Deed o/Tivet ehefl bB giveR by meiling euch notiCe by ceAlNed mail,retum iecelpt requested addressed to Trusto►at its malUng
<br /> ' address cef lorlh abovo a at such Wf�ar ac4�4ess es Tiustor may desl ynate by notice to Benellclary as pravldad herdn,and(b)any
<br /> a
<br /> r=:_..' . - , ---�- r�oNca!o genellclsry,er Tn1eMe shell l.�n g;ue�by ce+tiNed mall.retum recelpt►equested.ro BeneliClary's and Trustee's malllr�
<br /> � '� • pddress stated herQln or 10 such other addross as Beneflclary a Tiustee mpy designaro by nodce to in�sror as provided i�in•Ar►Y
<br /> �' �odce provlded!or ln fhla D�eed ol Tiust sheJl be deemed to have boan qlven to Tnrstor,BeneBClary or Tiuetee when ylven In the
<br /> sto
<br /> � ��. � ' mannerdeslgnefed hereln.
<br /> �::� .. 24. Qoveming Lew;Severabllly.Thls Ueed ol Tiust sha/l be povemed by the laws of the Stete o/Nebraaka.In the event any provlslo+�u►
<br /> •• • �:��. � cleuse d ehis Oeed o/Tiust con/llcts wllh appllcable law,such conftict shafl not allect othe►provislons ol this Deed ol Trust whfch can
<br /> ,`�' � ' .., be glven efl�eci without the conlllctlng provislans and to thls end the provls lons o l t h is D e e d o l Tiust are declered to be severabfe.
<br /> ' �� 28. Events of De/auM.Eech ol the fdlowing occunences shell constltute en event o/de/aWt Iwreunde►.(horeUaRe►called en"Event
<br /> �:; . o/Delauft')r
<br /> ��' � ',, (a) Tastor shall lall to pay when due any princlpal,lnterest,or pdncipel end lnterest on the lndebtedness.
<br /> ��r .• ,.. (b) My wananry ol Nde made by Tiustor hereln shall be unhue,
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<br /> ��•. (c) Tiusta shell lall to observe or perform any of the covenants,agreements,or condltlons in th►s Oeed o/Trus�,
<br /> .+ (d) My representedon or wanar►ty made by Trustor on any Bnancfel statemente or repats sudnlftad ro 8enellGary by or on bohaH of �
<br /> ' , Trustor shall prove/alse o�materlelly misleading, ,.�
<br /> ' (e) Tiusta shall fall to peAorm or observe any of the covenents,cond(tlons o►agreemenfs contaJned!n,or dnding upon Trustor under
<br /> ' any bulldUg loan egreement,securlty agreement,loan agreement hnencing statement,a any other agreement(nstrwnent a
<br /> .� document executed by Trastor 1n connecNon wlth the loan ev(denced by the Note.
<br /> , ��.' ' (n A hustee,receiver or Ilqulderor o!Me Truat Proparly or of�rostor shall be appdnted,or any ol the credltas of Truator shall h!e e
<br /> � �;
<br /> peddon!n benkruptcy against 7iustor,a for fhe ieorganlzadon uf Tiusta pursvant to the Federe!Benkiuptcy Code,a any slmlfer �
<br /> � law,whether lederel a state,and!/such order a pebtlon shell not be dlscha►yed or dlamiased withln thirry(90)days elter the date �.
<br /> " on whlch such ader a pe�i6on was Nfed, ''
<br /> , (pJ Tiustor shall hle a pedtlon pursuant to the Fede►al Bankruptcy Code or any slmllar/ew,lederal or stete,or If Trusror shell be ��•' '��
<br /> ed/udged e bank�upt or be declared Insolvent,or shafl meke an asslgnment for the benelit ol credlfors,or shall admlt In wdtlng its � �
<br /> lnadUty to pay i1s debts es they become due,or shall consent to the appdntment of e receiver ol ell or arty paK ol the Trust Properry, E
<br /> 1 . ` (h) Flnal judgment lor the payment of money shall be rendered ag�lnst 7rustor and Tiastor shall not discharge the seme,or cause(t to E�',;,,
<br /> • be dlschaiged,wlthin thiily(30J deys aRer fhe enfry thereol,or shall not appeal iherelran or Irom the order,decree orproCess upon
<br /> '; whlch a pursuant to which sald�udgment was granted.based,a•entered.and secure a stay of executlon pending such appeal, '
<br /> (J) Tiustor shalf sell or convey the Tiust Property,or ar►y part the►eof,o►any interest lherein,or shall be divested o/!fs tltle,w eny lnterest !
<br /> � thereln.!n any manne►or way,whether volun�erUy or involuntenly,without the wntlen consent ol Beneliclary beinp llrst had and �
<br /> � �.� f obtafned,or �
<br /> ,, . 1 ' U) ��Tiustor I5 a corporation or parinership and more than/�hy percent(50°�0)of the sha►es or benel�clef lnterosts in such co�pora6on or
<br /> , partnershlp,as the case n►ay be.&hall be translerred or conveyed,whefher vo/unta►!ly or Involuntanly, wlthout the wrflterr consent o!
<br /> • • BsReliclery being Nrst had and obtalned. '
<br /> t''. . _ � • 26. AcceleraHon of Debt;Forec►osure.Upor,the occunence of any Event of Delault,or any hme thereaRer, Beneficiary may,at�ts oplfon.
<br /> �:.� � . declare all fhe Indebtedness secured hereby lmmediate/y due artd payab/e and the same shall bea�lnt�rest at tne delault rete,il any.
<br /> � ; � set brth!n the Note.or dhenvlse at the h�ghest�ate permltted by law,and.��►especlive ot whether BenehCfery exe�c/ses said option,it
<br /> mey,et(ts opdon and in Its sole dlscredon,wifhout eny luRher notice o�demand to o►upon Trustor,do one or more of the ldlow(ng:
<br /> ' . • (a) BeneNclary may enter upon,take possesslon of,manage and operate the Trusr Property or any part thereo%make repairs and
<br /> •�.__� aUeratlons end do any acts which Beneliclery deems proper to protect the aecwiry fhereof.and e(ther wlth or wlthout taking
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<br /> , —_ �—_�_._____.._ �e�n,!n ifs own name.sue Ior or od►erw�se coaecr ano recerve►enis.issues end Nrol�is.;��c7�C�r�y.,.��n��• ..��...,...:",.w...
<br /> ' � ' and eppty the same,less costs and expenses ol operatlon end collecUOn,(ncluding reasonable ettomey lees and 8ene/iciary's
<br /> costa,upon Me Indebtedness secured hereby and in such order es 8enpficlary may determ(ne.Upon requesf ol Benehciery, Trusro►
<br /> ,�, shall assemWe end shal/make avaJlable to Bene/iclary eny of the Trust Property whlch has been removed.The entering upon and
<br /> t tek/ng possession of the Trosf Properly.the colfecbon of any rents,issues end prolits,and the applicat(on fhe�eof es aloresaid,shall
<br /> � not cure or walve any deleult fheretofore w the�ealter occu►►ing,or aBect any notice o!delauR or nofice ol sele hereunde►or
<br /> t � fnvalldafe any act done pu►suent to eny such nonce.Nofwifhstanding Beneliciary's conhnuance in possesslon a recelpt and
<br /> I G , � applicatlon of ients,(ssues or profits.Benelic�ary shalf be enht/ed to exerC�se every nghf prov�ded lor m this Oeed of Trust or by law
<br /> l upon a aMer fhe occur►ence of an Event ol De�auR,mcluding the►lght to exerc(se fhe pc+wer ol sale.Any of fhe&chons►e%►(8d to�n
<br /> f h ls pareg►a p h m ay b e f a k e n b y B e n e l i c l a ry a t s u c h�m e a s B e n e h c i a ry m a y d e t ermine w(thout re gard to the edequacy of any
<br /> y , aecuriry/or fhe Indebfedness secured hereb�.
<br /> �' - (b) 9enellclary shaU,wifhout regaM ro the adequacy of e►ry secunry lor the Indebtedness secu►ed hereby,be enhtled ro the
<br /> '�' " • eppofnbnenf of a recelve►by eny court hawng�unsdichon,without notice.to take possession ol,protect,and menege fhe 7rosf
<br /> � Pmperry end ope►afe the seme and cdfect the renfs,�ssues and profds Me►elrom
<br /> (C) BenofiClery mey bnng any acbon�n any courf of canpetenf�unsd�Cfion to lo►eclose th�s Deed of Trust or enlorce any o�tne �
<br /> covenanfs he►eol
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