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<br /> �i" f6. Co�w�ts o/TiusltX whh Rsspact ta L�as�YYioAOtn N►�prkr wrtl�n��T��now�fe�e� .
<br /> —� w�lr►�sp�ct to ar►YMass of�picl lrt�t Tiast Propaary.a►anYl�� :
<br /> �� !+1 �ai���m►P�PaY�����xefirarresl�Y��teett�erwnc�erine�tt�atonerr+onth.
<br /> = !`. CD) GncM a t�w�nlnaAa the sams.or eacePt anY cartceAetion,termtnaoa�or aurrender�,;A�Permft arty evsnt ta acca�wt�icA wa�td
<br /> ���' � C� occw ihereur�de�to tem+laaDe be cance!the same,ofhe�then lermfrrst(a�»�ar nonpay�iC�•te�t. i___
<br /> ;`�_� �d {c) Arnsnd a�odiq Nre same so es to reduce tt�e te�m ther�of.the rentai.peyab/e(�ereuntttr��:vr ra change srry renew�i provtslons� �I�---
<br /> ' � theretn cantaine� : : . =�' -
<br /> � �'`- 1` (d) lNaivesnYdefariJttlnereunderabreachthersol, ... � _�.
<br /> - . _'�= a (e) raivearrj►corrserr�waiver�rep�r+Q�ralthereurrderartakean�otheracbaninoonrfecOC�adr�nH�w1'.h.orwidralesseatAerewrder.wAkA ��-„o:
<br /> � �` �.•c wordd have the effed offmpaFdng th8 vatueottlie tesso�s irrteresi ttt8reunderor the pmpatt�t sub/ect tltenetv.aofimpaUing tRe ��� _
<br /> _ �s�� ""`'- � ppsition orirtd9nest ot BenefiCiary tAerBirt,ot = �= ..
<br /> ����._ -___e..
<br /> �� . �s� . � (� Shc,assfgn,pledge,mottgage orotherwise d�spose of,ar encumberits tnterest�n any,s�c+f t,�asa or any nents issues pro6ts tss�tn9 -�'�.v�
<br /> oraristitgthereunder. : r`- � �.� �-
<br /> . � t7.,Waiverof Sha�e of Umitaflons.Trme Is of theesseace in aUot Tiusmc's obfigaQans and�u�he�Under,artd[o theextent permftted� �,
<br /> � r�'.. � ,bjr law.Trustor waves aD preseni a fuhrre stadRes of 6mita0ions with respect to arry,dabF:.da�end or obligaffon secured hereby end ��5��'��
<br /> ' � �`•`• ; r�rry ac�vn ar proceediag for the purpOSe otertforcing this Deed of Trftstorarry.dghtS oa ter��di8s canmTrtedhereln: �t;,�� �"'� ,. -
<br />,.;::,,: ,. , ,
<br /> ���-`�. �� �� �� .18 Assrgrrcrner�'atD�eposibs.InUfeevemconsbuoaionatimprooemerrtsis�o►+temlotatertdsy,�iret�ianavl0ence�bytheNotesecured `-;���,=`� -r,-..
<br /> '?�u�• ` a�a�diill�bnna!secwr[y tlrerefae,Tiastorhereby uansters and.�saigns to BenaFi.^��r,.��righ�dUe and interest ro any and alt �A�4..�: -•_��•�.
<br />. tif;. _ ;«, he►edsy� . `"
<br /> _- ..E; , mw�fes cF�po�ted Dy a an behalf cf Tiusta witAanY cJt�l.,co�niY�kfic budy oe agenc��sanitery disMc�r�0►ih�A�Y and
<br /> � any otherbody wagerrcy,ffor the ins�tallabon or to sacure the inst�ltatlan ot arry u6lity.�y:Tni�or.perteining to tAe Tntst Property. `..,�a.�� ' h. ,
<br /> °t<'` r�',�., �_�9 �Poration or ParfiersEa�Existence.N Tiystoris a corporaffon,genere!partne�sfrip,ce firniAdd paArtershlp.it witl do at1 things _. _
<br /> ' ,9. '%�`�� � ' '`j':�.�.�
<br /> . `,:<.;:%:.'e ��, � necessary to presenre i�cr,rr�sorafe arparOr�e�ship exlstence,as ttre:case may 6e,and�.rir�Y►ts and pmrileges unde�thelaws of the , :�_�.,
<br /> ,r', ' -� �t_id �; p/p/p of iis incorpaa�'arr arc?sr�crt�. �' . - ':' .���':_
<br /> ��."t'4�� �+ .i. .r.Y.�' . .
<br />. •..4:7;.'.:... 1�• '—
<br /> . .E ' r f,:. 20. Forbearance by Benefrc?�Y�ice a sA�`�Any fofiedrar„e Dy b�:-.��iary in e�rerdstng•arr}i�fgirGar-remedy h racudrement atherwlse �{� : _ _
<br /> . '` :'•�:..-:- alfaOedbYePP6cabl�Ib4s�.sha0nt,��awaiMerCfarpreclvdettreeser�tseofartysuchrfpl/#'r��+?`�'s"_T�P '' . _ --
<br /> �
<br /> ', '• � � � -:'<insurance atlre payrn�t,r�w-f t a xes a f h e d i sa h a r g e�:�n s o r c h a r g 9 a b y 8 e n e f u-''�'.a f r a�l i t t t.L e�t<«"su�cf.Br�tefi c i a ry s rightto ;, '
<br /> ;,4.. � � -:accelerate the mam.ity;r�F1�re lndebtedrres� • . � :.;.:` �' ,� .� �; +
<br /> F x- * ".'� `••-i4�r�F`, '�1c`k=�r��melaLive.�i'iJ're�es prav,'.ded in t�L�ed of T�t�2 disdnct ar�c:rmt�lai?rs trr•�s'�`�'�'c r r e m e dy under thls �
<br /> � �,��}�. '�,�i�' °.,� �r��r E ;::l��Trri�t or aHorded by/aw ar eq�r�'�,and may be exercrse�c�znrunerrdY.indgpende�it�`�cr�ss�i�s: ' � .
<br /> .;�;,.5ti�'s•:�nd AsslSns Baund;Jarra�s9 Severa/Liabiliqr,G��;:s.:Tl�re covenarrt�and$gr�scents herein contafned sha/t bind,and �..
<br /> N".f'•��. �fly1'I��i •••S �...'•` . .•.,s;�*f���t±r��eundershalftnareto the:�spectivesuccessorsar..��ss"t�7sotBeneF.�l:fl�S�.andTiustar_Allcovenanisand . 4f/ ` --
<br /> , , '�'� '� „ � � '; �a�ra�s o1 Trusior shall be jolrn and several.7fie cap6ans�f�ea�ings of�rs�aragt�flhs of this Deed of 7ir�rst are fo� + ,�,���'-
<br /> . ��'c .. � , ' ,�y,�,s�r,�r.a�onty andare natta be use¢to interpret a de6ne tha�v,slons hez3�. :'� . . , A
<br /> t l r j� (�� 'tc � ,t�i�!E`�vr, '� • y
<br /> ,r� :, ;.,, �{ ,�,:�,s � �� • �.."X.-��.15��r-�'t for arry r.aUce reqttrc-d'�'ler app lrca b(e l a w t o b e z}'��n i A a.7 a�e T T r�.�n a r�.(a j�'�r n o 6 c e t fl Trustor provid�Cvr in this :�`��� �
<br /> . �i3y s
<br /> Y�f',, .�'�b".`•:.'F,`�:•`xi•;.�;��� ' � ' C"�BCd af`Tiu..:t 5h11i 6B g�ven bl��r��r-..uCh Il00CB 6y C@rGfiBd nc'di�i.iChJfi7�8��3�sP8sY6td�dtlt�,.SSed t0 T1LSt018f itS trt�s.7�i ; ' . ,sfi+,. '- -
<br /> ;`;'� ����r•�,�','.• c�'•� F� address set forth ab��u^�at suct►a�araddress as Trustor may d�srgrtare by n�:.�zo Sun e frc:�ary a s p ro v l d e d h e r e i n,a n�(a}a n y � �
<br /> � '�
<br /> ' � ;r,,`,,�.t., � � ,,` � notice ro Bene�idary car'1'rustee shall be given by cerM'ied mail,retrtm�eceipt req��:ed:i�BeneBc/ary's and Tiustee's mailing + ��:'`� .
<br /> �,...
<br /> � "-�. ,' � address stated herein c�to suc h o U r e�a d dre s s a s B e n e C r c l a ry o r T�r r a t e e m a y d e s i g n a t a b j±n o l f c e t n T i usta as prav/ded heretn.My � ,
<br /> ' ' ' ' noNce provlded br tn thls Oeed ol Trust shal►6e deemed to have heen given to•Trus�br,BuneBciary or Tiustee when grven In the �
<br /> • t. . manner OesJgnated herein. ' ` ` . •`-'
<br /> • • ` 24. Goveming Law;Seve�abiliry.�hfs Deed af Tiust shall De govemed by the laws ot the SEAtN otNebrasNa.In the event any provlsion o� `,;;.
<br /> • " ' c/ause of thls Deed ol Tiust conJlicts witA applicable law,such conJJict shall not afldot•oifiar provisions ot thls Deed ot Tiust which can
<br /> • � be glven eKect wifhout the confficGng provlsions and to this end the provislons of th1�pdad ol Tiust are declared to be severable. � . _�.
<br /> � .. 25. Events of Detault.Each o!the folJawing occuriences shall constRUte an even!oi defuul��tareunde�(hereinalte�caried an"Everrt � . �:
<br /> o�ve�aurr J: ''
<br /> . s d
<br /> ' � (a) Tiustor shell fail to pay when due any pdncipal,interesf,or principal aad mteres?on?da lndebtedness. �
<br /> ' ' : � (b) Any wsnamy of title made by Trustor herein sha/1 De unbue,:: r � .
<br /> , (c) Tiustor ahall fa1J tn obsenre or pedorm any o1 the cavenants,��greements,or condi`.,qn�in this Oeed o�lrust. .
<br /> � � � (d) My repressntation or wananfy made by�iustar on any finanvial statemenrs or reparfa:submitted to Beneficiary by or on beha/f of , __
<br /> ' � Tiusior sha0 prove fa/se or materJalty misleading, I ' . <
<br /> (e) Trusta shall fall to perlorm oi observe any ot the covenants,.bonditlons or a��e3menEU aontained In,or blrtding apon Tiustor under � .
<br /> • , any bufiding loan agreement,seca�iry ag�eemenf,foan agreement,financ�n�s��r�ment�or any ottter egreemerrt/nsbument or
<br /> � . ' ' document executed by Tiusto�1�connechon wiih the loan ev�0enc2d by7irp Na6b, � < �-
<br /> i
<br /> ' (n A t r u s t e e,r e c e l v e r o�l i q u l d a t o r o f t h e T m s t P r o p e r t y o r o f T r u s t o r s h alt b e a�p p�%�tbd;ar an y ol the c�editors�f Trustor sha/1 fil�a • :
<br /> pefi�on in bankruptcy agalnst�iustor,ar for the reorryaniza�on of Trustor purcuarn tu'lla Federal Bankrupicf C ode,ar any s lmi Jar A;;. :
<br /> • °• � � law,whetRe�federal or stafe,and ilsuch order or pe?itlan sha11 notbe disct►argsd•�ndiamissed within thirty f30)days afrar the date ; ,: , •� .
<br /> • on wl�i�;sueh orMr or peGdon was f,led, � '' • ;'�"�'�'
<br /> (g) Tiu5'y�£hail ff:e a penbon pursu�nt tv the Federal8ank�uptCy Code or any s+'mi;�,.l�W:fsderai or state,a H Tiustor sha�1 ee • ',�:;,;;;:'.•. ' � ,
<br /> adjuOged a ba�:fa;,;."?nr be declaied insolvent,ar shall mak6 an assignmoni•{dr ille 6eneld ol ciediio�s,a shal!admit!n writing its , " �
<br /> � . � � lnabit',ry to pay rts��ts as they trecame dus,or shall consent ta 1he appoinSmant�ol�a rece;ver of all or any part of the Trust Piope�ty.
<br /> ' �i�:1 I
<br /> ,,., (h) Final judgmeni fa the payment ol money ahall be rende�ed against�rustCr and i'ivstor shall not discharge the same,or cause it fo . .
<br /> be 01:�:r%,Rarged,within thlrty/30)days atte�the entry thereot,�or sha/J not appoa��tharelrom w I►om the order,decree or proCess upon i
<br /> . • ' ,. w?�y»3r puisuant to whlch sald judgmen�was granted,based,or enteied,and secure a stay oi executlon pending suc»appeal, f •
<br /> � � � . p) Trus�i ahall seN o�convey tho Tiust Praperty,or any paA tlte►eot,ar any iatg�es:ihe�ein,or shall be divested ot its tiila,c�any lnterest �
<br /> . '''� �;�� • therein,!n any manner a way,whether volunlerily or involunt&rily,viithout the Nritton aansent ol Beneficiary being 11rst had and �
<br /> , z . bbtetned,or � ,
<br /> � • ' � Q) It Trustor Is a.carporation or pa�tnaish�p end more than l;fryl•percent(50°'0)�f fda shA�es ar trenettclaf Inierests in such corporation or
<br /> partnershlp,as the case may be,sha11 De translened ar conveyed.whoth��w►unt8ifl��or lnvoluntarily,wifhout the w�lKen cansent of i
<br /> Beneficlary belrtg flrst had and obtained. '
<br /> •� 2S. AcceleraUOn o!Oebt:Fareclosu�e. Upon the occ��rence o!enp Event of O�iftrt�lt or anp time lhereafter.Bene/lc/ary rrray.at its opnon. 1 .
<br /> dectare aq the lndebtedness secu�ed hereby immediatety�de artd payablc��nd the same shall beai�ntorest at the default�ate,d any,
<br /> ' • set lath!n the Note,or othenvise at the highesf rate pe�m�tted by law,and.'rriesp�cU✓b ol whether Benef�Ctary axercises said opUOn,ir
<br /> ; ' � may,at its opt/on and in its sole disc�etion,without eny fuhlr�rnotiCe or domand ta o�upon Trustor.do one or more of ths following:
<br /> (a) 8eneficiary may enter upon,takg possesslon ot,manago und operafo tho 7rust P�aperty or any paR thereol:m8ke�epalrs and. •
<br /> alter�'�ns and do any acts which 8eneliciary deems Aroper to protect rho secu�lry rhe►eol,and eithei wlth or w,thout taking
<br /> '.,� .. ... posst�.^>lon,in its own name,sue fo�oi athenvlse collect gnd rece�ve rents,issues�nd p�oilts,lncluding those past d�e and unpald.
<br /> :; 's;�. .�1 2r,��y;w/y the Same,less costs and expenses a1 ope�aHon and collg�t�on.!ncludin�reasonable attomey lees and Beneficrary's ,�i
<br /> , �' ' � . ccs,,.�.:�on!he 1'rdebtedness secured he�eby and rn such or�.ar as BenefiGiary mny dete�mine. Upon rec�esl af Beneliciary.Tiustor
<br /> , •. :s� `•;' • . • � y;�;_�;:r,w��,rd shall make available to B�r,e'-ciary ar+y ot rh.z rrusr Pro�erty whleh has been�ert:ove�S The enterin upon ana , .
<br /> , '' �.. takaryr ress,�'���at the Tiust Pr�psrty,the cos;ect�an q1 air�y�c-c<�:,sru�s�rC prollts.and rr.e appbca:rc^':tereof as a���:C_s^��!'.. • :••,-�;:, . • ,
<br /> , �?" rur•�L.r-r,c,✓:,�any delaul�����'�fare or thereafte�oceurrr.g,C��"_M,::!no8ce at ae�2UC or no6ce ai sale hereucQir�- �
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<br /> , � ----- �rn;xl�::..aar.y�..rdonepu�s::�_�sanysuchna6ce.Notwnhctanc�•r.�r9E*::� : � �..,, , ,
<br /> .
<br /> �,:jz,�l�. � � ' � ��;:ca ~ t res�,_=ssues or praf�ts,Beneteiar,r shail be enGtleB to exercrsa G e S%ght ptovld9d oatn this�Oeed o1 Tt�st or G�'.airs .
<br /> , , vOn o .
<br /> .-'_ :-.:;'',.=s-:-------..-� =:—-• ..- .. �c-rorafte�tiigv�anence ot an�'ve�alC�'�:Jnct�dtdg!he r, h*rQ eti.�_�e tye power ot sale.My of the actions rete�EQ to�n
<br /> �:'�� . . ,::. ��t�agiaph may be taken by BeneliCiary at s�:ch Ume es genetic ary may detemnlne without ieyard to the adequacy ol any .
<br /> �• ' . se.x�iry!or the/ndebtedness secured hereby.
<br /> �''� � � ;�' . � . � (b) Beneflclary shall,without regard to ing adequacy of any securiry for the Indebradness seau�ed hereDy,be ent,tled to the .
<br /> � ' � � � appolrtLment of a reaetver by 8ny coL►1 having/urlsdlcdon:�wlthout aofice,.to t�1cs Aassess�on ot,protect,and manage the Trust
<br /> . � `- i ' Propeity and ape�afe the same artd collect the rerMS,issue8 and ptofds the�e/rom,
<br /> . ' . ' ' � (c)�eneliclary may bring any ecUon in any coun oi competeat JuiisdlCtion to fareclbss thls Oeed of 7�usf ar enfoice any of the
<br /> . " . covenants hereol.
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