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<br /> Tnntarlt)Mnby warrnnt�th�t 7rustorls)holdt!e�dmpb dd�to th��bov�dewrib�d prop�tty,ttut Tn��torl�l hn 800d ond�owh+�authodty to � '
<br /> � dsb and �naumbn tht ums,th�t ths prop�riy h irs��nd otsrr ot�lt�leno ond onaumbran000, ottae�pt enoumhreraes of nootd,�nd that • �-
<br /> • • Tru�tortol wiU warr�r�t�nd d�fond tQa prop�tty,at Tru�tor(d�xpma�,spain�t�l�olNr►untt whomeow�►. T�uswrt�f dso hnoby w�iva�nd ,
<br /> rWoqui�h���II dpht�of dow�►.hoen�n�ad,di�tdbudw dun,�nd ax�mpdon in�nd to th�sbow d�sodbw!propnty. _
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<br /> �� �� T�ta1d ant�ooh of th�m funMr oowmnt��nd apr�arith MMIIOIMy M tollow�s . . -_
<br />— � 1. To poy cil lto�o,judpmente,or other eoeeeement��p�nst th�prop�ny.�nd to p�y whrn dus�II asastmento,tsxe�,r�nt�,ts��,or ohnpa j ';'
<br /> � upon th�ptoptrty ot under�try l�a�,ptrtnit,Ilatnt�,or p�IN��p�e�sipnod to B�n�flol�ry a�addlUotut nou�ity to tNt TtuK���d,lnoludlnp �
<br /> � � tho��tn or on publo domain. � `'�
<br /> Z. To insun and kesp Insured buildinpt and othst imp�ovem�nts inolud(np Axtures and attaoMnent�now on or hereeher plaosd on ths propsrty �
<br /> - • to th�t�ttstaa8on ot B�rrofloiary. 8uoh intunno�wiU be�pprov�d by�nd d�podt�d with 8en�floi�ry.and mdonod wlth to��peyabt�oiww to `
<br /> B�mflofary. Any wm��o noelwd by B�mfloi�ry may b�us�d to p�y tor noonawodon ot tM d��uoyed improvsmenta o�if not so�ypii�d m�Y �
<br /> ., b��pplisd.�t the option of 8srt�floinry,in peym�nt of any ind�bt�dmst mstur�d ot unmatund�sound Ey tNs T�ust Oeed. I
<br /> S. To kssp�II bulldinpt,Nxtun�,�ttaohmsntt.�nd other imptovement�now on or h�reah�t plsoed on the properly 000upled and In Qood npair, ;
<br /> m�intenanas,�nd oondldon and to nelth�r oommit nor permit eny eotr of wests or eny impeirment of ths vdus of the prop�rty. Bsnsftolary mey �
<br /> entn upon tPa p�opstty to insp�ot ths osms or to pertorm any eots euthori:ed herein o►in the Ioan spreement(�).
<br /> 4. In the event 7rustor(�)feib to psy eny Ilens,judpmenu, �sssssmsna,texe�, renta, taa�, or ohsrpa or mstnttln eny insurano� on tM !
<br /> prop�rty,bufidtrt��,Hxtures,�ttaohmenta,or improv�rt�ent�es provided hetein or in the Ioan apreemsnt(a1.Bemfloieryl,at ito opUon,msy meke
<br /> suoh p�yrnenh or provids insuronoe,meintenenos,ot�epaira snd enY amount�Peid therefot will beoome p�rt of th�ptinoipai indebtednaa i
<br /> ssour�d h�reby. b�Immsdi�tely dus�nd payabts end besr intoreat et ths dsfauit nte proNded in tM not�ta)from the dets ot p�yment untii paid.
<br /> � The sdvanoement by 8eneflofary ot eny suoh amounte wlll in no menner Ilmit the riyht ot Beneflolery to deolare Truatorla)in defeutt ot exetoits '
<br /> anv of 8eneflois�y'a otMr dpht�cnd temedies.
<br /> B. In the svont 8eneftoiery��e psrty�o any Itdyation eNeodnp the property or the�len ot thN Truot Deed,Inotudinp eny aodon by Benefiolsry to .
<br /> enforo�thia Truat Oeed or nny suit in whioh 8enefloiery ia nemed e detendent pnotudinp oondemnedon snd bankruptoy prooeedinpd 8ene8oinry •
<br /> m�y inour�xpenees and edvenoe paymento for ebstreot feee,ettoroeya tees(to the extent ellowed by lew),ooste,expen9as,eppreiret fee9,and
<br /> otMr oharp�s and any arrwunts to advanoad wili beaom�psR oi the pdeoipet indebtedms�seoured hereby.bs immedinsly dus end peyabls and , � ,
<br /> bear intereot st the defeu�t rate ptov(ded in the notete)irom the dete of edvenoe untli paid.
<br /> 8. Any�werds msde to Trustor(tl ot thei�auooesooro by ths�xeroias of eminent domein ero hereby e»Ipns6 to Beneflolary;and BensHoisry is
<br /> hsnby�uthod:ed to colleot and appty the�ame in peyment of eny Indebtednest,meture or unmetured,ssoursd by thi�Trust Oeed. �
<br /> 7. In the event Truatort9)deteutta in ths poyment when due ot any aum�aeoured Mreby(p�inotpd, intereat,edvenaemento, o►proteeUve .
<br /> adveno�cl, or feN� to pertorm or ob�erve sny oovenenta end oondfdons oontained Mrein,in the note(o), �oan apreementta), or any other •
<br /> insttumento,or eny prooesdinp4!s btoupht by or eQeinst Tnt4torlo)under any Bankruptoy lewt,8enefldery,et Ib option,mey deolars the entlre �`'"
<br /> indebtsdne�t tscured hereby to bs Immediate►y due end payebra end the whote wiil bear interest at the defeuit rete e4 ptov{ded in ths note(e) �
<br /> snd Beneflolsry msy immedietely authodze Truetee to exeroise che Power oi Saie�ro��tod iiarain{a tha�er�ravided !a tha Nstrreska Truet .—.. --
<br /> Deeds Aot,or,et the option of the Beneflo�ary,may foreolose the Trust Oeed in the menner provtded by Iaw for the foraoloaure ot moRpayee on
<br /> red proparty,inoludinp ths appointment of a Reoelver upon ex parte appiloedon,noUos belnp hereby exprately waivod, without reperd to the �I
<br /> he ro e or the aufflolentl thereof to dlsoharpe the indebtedness seoured hereby or in the�oen epreementle). Detay by Be�eBoiary ;j,
<br /> v a i u e o f t p p r t y Y
<br /> in sxeroislnp its dphta upon Eefauit wili�ot be oonetrued ea e wa iver t hereo f a n d eny ao t o f 8 ene flo lary w a l N n p a n y s p e o f fl e d E e f a u l t w l l i n o t b e �.q,
<br /> oonstrued ee e watver of nny future detault. If the pr000ade under euoh eele or foreoioeure ere insuffiolant to pay the totet i�dobtednees seoured ' ��;
<br /> fxreby,T�ustor(s)do hereby epree to be pereonaily bound to pay the unpaid beianoe,end Beneflolery wlll be enUUed to e deflofenoy Judyment. ���;
<br /> 8. Should Beneflolary eleot to axeroise the Powet ot Sale 0rented hereln,Beneflciery wYl�odfy Truetee who wiil reoord,pub�lah,end deliver to ;i��
<br /> Truotor(s)euoh Nodoe ot Oofeuit end Nodoe of Sele ea then required by lew end wlit in the manner ptoNded by lew,oel the propsrty at the timo �;�;
<br /> end pteoo of�ele flxed in the Nodoe of Saie,either eo a whote or in eeparote Iote, peroei�,o�Items end In suoh order ae Truetee wili deem �
<br /> � expedtent. Any person mey bid at the ente Inoluding Truetortsl,Truetee,or Berteflolery. �,�
<br /> � 9. Truetor(s)hereby roqueste n oopy ot any NoUoe of Defautt or Notioe of Seie hereunder to be mellod by oertifled melt to Truator(s)at the
<br /> ' edd�essteo)set farth herein.
<br /> 10. Upon default,8enef(vlery,efther in poraon or by opont,wlth or without bAnpi�p eny eoNon or prooeedinp and wfth or without repatd to the
<br /> vaiue of tho property or the suNtolenoy thoreof to disoherge the Indebtednees soouted hereby,is euthodred end enUHed to enter upon and teko
<br /> potaeaclon ot the propetty in ite own neme or In the neme ot the Ttustee end do eny eote or expend eny cume it deema�eoesaery or deslrabie
<br /> to proteat or preaerve the value of the property or eny intereat therein,or Inoreese the inoome thorefrom;and with or without tekfnp poaeaesion
<br /> I of tha proporry ta euthotiied to sue(or or etherwise eolieot the rente.iesues,orope, profite,end inoome thereof,inoiudinp those post due end
<br /> ' unpatd,end apply the seme upon eny Indebtednese secured hereby or in the loen aproamenttet.
<br /> No remedy herein oonfer�ed upon or teasrved to Truetee or 8eneflolery la intended to be exo�usivo of ony other remedy horofn or by law
<br /> provided or permitted,but eaoh will bo oumutaUve,wllt be In addidon to every other►emedy plven hereunder or now or hereefter exiednp et taw
<br /> I or In equity or by stetute.and mey be exeroised oonou►rently,independentty or auooeeelveiy.
<br /> 11. Tn+atorltl ecknowledpes that the dutles and obifgattona of Truatoe wil�be determined sotely by the exprose provtebne of thia Trust Oeed or
<br /> the Nebreske T�uat Deod�Aot and Tnretea will not be�lablo except!or the performanoe of such duUos end obtieations ae ere speciflodly set
<br /> totth thereln,end no imp�led oovenante or ob�ipetlons will be imposod upon Truetee;Ttuetoe wfll not be Ifabte for eny eoUon by it in pood faith
<br /> end teasonably believed by it to be euthor{:ed or within tho disoretion or riphte ot powers oonforred upon it by thls Truit Oeed or etete Iew.
<br /> 12. The inteprity and tesponsibl�ity of Trustotls) oonaUtutea a part of tho oonaidoration tor the obliyetions aecured hereby. SAould Tn+etottsl
<br /> sell,transfer,ot oonvey the property deaeribed heroin,without p�ior wrttton oonsont of Benotiolery,Beneficfery,et its opdon,may dn.lere the
<br /> ' endte Indebtedneoa Immedfeteiy due end peyabio and may pr0000d In tho ontoroomont ot its dghte ea on eny other defauic.
<br /> � + 13. Assipnmee�t of Renta Inoiudinp Proaeede of Minerei Leeses. Trustorte) hereby esei�ne, ttansters, and conveyt to 8enofiolary eil rents,
<br /> royeldea,bonuaes, end deley moneys or other prooeods that may from timo to time b000me due and peyabte under eny reei eatate teeso or
<br /> under eny oil,pea,prevel,rook,or other mineret tease ot eny kind Inaiudinp poothermal tesouraes now exietinp or that may Aereatter oome into
<br /> exietenae,oovednp the property or any paK theroof. All auoh suma ao rooeived by Benefiofary wfll ba epptled to the indebtedneea soourod
<br /> hereby;or Bertafwiary,at its optlon,may tutn ovor and deliver to Trustor(s)ot thefr aucooaeore In Interoet, any or ell ot euch euma without
<br /> ' prejudloe to eny of Bonetioiary's righte to tako and retein tutura aume,a�d without proJudioo io eny ot ite otMr tighte under thie Truet Oeed.
<br /> This eselpnmont will be oonstrued to bo o provlaion tor the payment or reduction of the debt,subject to 4he Beneflclaryra op8on ae hereinbetore
<br /> � prov{ded,Independent ot the tlen on tho proporty. Upon peymont In tul�of tho dobt ond the roco�voyanoo of this Trust Oeod ot reoord,thia
<br /> eaelynment wl►1 beoome inoporativo and of no turthor foroe and ottoot.
<br /> . 74. Thf8 TNeL OeeO Co�sUnites e 5eaurity iapreomoni Nilfi fOtl(lOVI W Oti iito�1ivjlot�;.�.66:.:`�..o..'�:ACO.':�. -
<br /> 1S. The oovenants oontalned In thie Truat Oeod wlll bo deemed to be aevorebie;in the event that any pottfon ot thls Truet Deed io detormf�od
<br /> to unenforaeeble,thet atlon will�ot effeot the velidlty of the romaininp portiona ot tho T►ust Oeed.
<br /> t I
<br /> ,� I Ou ne Skrdient rry Skrdian / "
<br /> � LNpNIDUAI BOAROVYER ACKNOWLEDOMENT
<br /> STATE OF NEBRAS A t
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<br /> � Ap/:DOOY5d34: Peimery Customn ID I:00031888; qf r:85083 t�pat Ooo.O�t�:Maroh 03,1994
<br /> fC80 8011 Trust Deed and Aselgnment of Rents P°8°Z
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