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<br /> "�'�'°°"�"'� re. Cowrtant�ol rrusta wUh AMP�ot to Le�re�.wm�o�n n►.�ro►w�aa►ren►a s.►re�c�.�►,r,�,ror�h,w Ror,er,+cy►a+r►�+.cry�
<br /> -�'R`-�'��-`-�'�"a w�h ntp�ct M sny IwEO o1�ptc�In ths Tiust Prop+fity'�or eny portlon th�reo/,wheNnvsuc tsaaa/e now�r heroeftnln�xltNnc�:
<br /> _�����-� {n} Acc�pt a parmlt any pr�p�ym�nl,dlsoount a tdvanco p�ymont of�int h�r�unde�ln oxcas a!ono rr�ont�r, -
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<br /> _=. ,,,;,�� .. (b) Canael o�te�mineis tho eams,a acvspt any esncelletic�n,te�mfneMrm a�u�nnd�r M»rcM,ot pe�mit eny Avent to ocuur whkh wo+rld
<br /> '`�'�-���'�� � xcur tAareunder ro temdnate a ancN tlro au�re�othor tNeR tarmin�C�a!a�aa►p�ymoht o1 rent, __-_
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<br /> ' �°��.q:z--` (Q) A/T'fBRd O7�D�►th�diillJO SO G8 b 1��11C�(hB�EYlft fh@fQ01,tha roate!peyable tRereun�e���sv to eliange eny r�enA►ve/provlalon,� ..�...�.__.__--
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<br /> :-_:.t:'t.J�.r;�;�a therefncontefned,
<br /> (d) Wervo sny dalault thareunder a breaeh theroof,
<br /> - - �z (e) Qive any cansent,waJvor or approvat th�P�undo�cr tako any othor ectlon!n conneafYnn therowlth,o�wllh a leases thetaueder,whloh � _
<br /> would have fhe eNect of impafdng ths vNc�e of the lesaor s interest thereunder or fha property sub/ect thoroto,or of Jmpeldn8 tha
<br /> : � .. .,���° posN/on o�lnterest of Benallo�ery therein,cr
<br /> . � (� Sa(i,as�ign,pledge,mortgage or�therwlse dlapose o1,o�encumbaNts lntereatln ar�y said tease��eny re�fa,Issuea,pmllte lssuing
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<br /> :<ir'�"`,`•:;?i;}::°``�;(:�;• PaylAn►.TvtdSt�YY83Y88�"1�OSQ�forPt�l�1�r0:,II�fu:OS091.'»ti1GL'C7e:i�vi?TetG31l��Yteat►y¢9QD7.damnAntBe��.�9JgA�3ansotrarotAOr�vD0�y�1t -
<br /> `+i .'";,�,Jl<<° any aoY�an�r��arfinQ�Par BJe�pur�oseo9¢nfa�fnc�fht��aad af TrusP�r crny r��hPe r¢r�+aasna�0es��fnsr7 gsvefv�. �. - _�
<br /> ��J?�� , ��y... ". Assignm�nP o9 0a/�astPs.Jn eh�er����stcaa�Non of lmpPOVenaanPs!s o�iempl�8mci Og+G'�a loaoi evident�od by tta�Atmio secrrr+a�1 � �-
<br /> ." ,� hsreby,�s ad�ltlona!s�euPdy Uoarstorm.TiusYa hereby tmnsiers mnd ass►8ns to Bana�oiery,eJJ d��a�,titls and lnta�pst ro any aa►�B a'1 ��----,
<br /> ;�:,,.> moMes deposned by or on IaahaHof Tnastor w(►h any ctly,county,pc�btic body or agerocy,san38ar�r��sbJct,utilly company,en� .r�:--:�_
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<br /> any oth�r body or egenay,lo�the/nste!la6on or to secure ihe fnstallatlon ol8ny ui►Ilty by Tiustoi p�•:�lning to the Tasf Propsvty+. ,,;�;,;,,��uy;.,___ .
<br /> '-' f8. CorporeUcn or Parb►ershlp fxJstence.N 7►ustor Js a corporatlo»,general peRnershlp,w llmited partnershlp,lt wlll do all things si;:;`�'• `;.`ry�i���l.
<br /> '•% . necesasry Go prese►ve Its corpo�ate or parMershlp existence,es the case ma be,and a/l N hta and v!!e ea under the lawa of tha �•:;• �"^�'-
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<br /> � ° � state otlts incorporatlon or orgenhatlon. `"f�;�ti�-----
<br /> �.° � � �0. Forbearence by Beneflcisry Not a Waiver.My lorbearance 6 Benoficl in exe�clsln eny dghr��i reme hereundw,or othenv)se — �,Y� 'v
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<br /> etlorded by appllcab/e law,sh8ll not be a waivei ot o�preclude the sn�rclse of eny such dght or remedy.The procuremeni of �r :,:�.'----
<br /> Jnsurance or the peyment of taxes a the d/scharge oP Ilens or chargas�y Beneflcluy sha/l not be a weiver of Beneflalary's rl�ht to �_�:.
<br /> � accsderete the matudry of the lndebtedness. ��'H' �� �
<br /> `' � 2t. Remedles Cumuletive.All remedles provlded!n thls P3eed o1 Tiasl are dlsUnct and cv�ul8tive m sny other►�gbt r�r remedy urtdei thls 4,�� �^ - ��
<br /> ;:'y� . �.. Deea'oi Trust or aHorded bp!aw or equJry,end may�a exe►clsed concu�rently,ln�o�psndendy or succesalvely. ,�' � �-
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<br /> .. ; .;�•,,,,,.,,:. 22. Successora srrd Asslgns Bound;Jolnt snd 3everal L1ab1Ji C dans.fie covenants and agr�emsnts hereln contelned aha/l�ind,and ,F�`,}•�:,L'^-,:r�:�Y_=-__
<br /> tY; eP �t�1., '�`� � � �_
<br /> �: ,. rr i� ,� �., d�e�ights hereon der s h e l l inyre to,1 he v�ac tive sv cc e s s o r s a n d A s s+g n s o f B e n e f l c l a ry, T r u s B e e,�n d T n u t o r.N I C O V e rt 8 n t 8 a n d ,,(},��y,;: `�,� ,�..:-.
<br /> `;��r; '' ,��,..,:.•; agreamenis ol Tiustor a9ia7�?te olnian�9 seve�al. The oapUons and haArf/nga of tl�e paregrephs o1 t�►is QJeed olTiust ere/or r��t���;`1f�,f '
<br /> : .. s ' i;,;, . .} � �1:�,.} �lvti� �
<br />-.•.:;y �:''�'��.�,�p�;;;:i; conventence only and t��e s�ot to be usmd to/nterpra!a dellne the p�av&slons her�of. •i,°:,,>g),�}._-_- --
<br /> ,..�.,):^" .,;:l:r��,ir. P ..r,;,,ya�:�a•- :.
<br /> .:.:.�;•,';:'�i�,�;y,�j�;t�,� �s. Desd o��s aPO��rva m�m�aifin u�ci�no�c,e by ce�d ra�a P�vefalm niBCe►Pt reQuested a��ess�d tm�'st�i�at Jts mal!!ng in fhls ���t,fl<<a�'�� .
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<br /> :1.•_�� - c . a't�..�`.°r..Yti oawvg rn,.�!8!rct!c��p�t�2�!eac flc a.e.,ete�may alesigmafe by rsonse Ro Bena��ia��as�rav3¢lad Oaereln.�11(�Q�,��fll1y {l�1�;��`�# i�� ��� �G.
<br /> �!�{jsE�rt i ''•S Rotrce to�na�i�ary v?�'rcostee sAall 13���vee►d�y�emr'P.ect ma�l,re�a n r�celpt re�uasted,to Benal/oiary'a A�aO Taustee's/e18if�3 ����5�t������ty t�„i Y�, n ;
<br /> ;�t;!f•,',�.;�,n;,:�;��� address stated herelh or tm such other e�r:r�ss as�a�aficisry or Trustee may�dos�a�aeate by noLice to 7'iastu��s��n v i de d he r e in.My ,I,S;'�;�:;.,,;���s '�;�
<br /> `t��t'��:,�'��::�s,!. notice provlded lorin this Deed of Tiust ahaJl be deemed to have been glven to L�us:�r,8enefldary or t�scmo u.:`�:vr glven!n the :�`;t'.�;%;';t'1,;�
<br /> .�, .. .. � .
<br /> • � . menner deslgnated hereln.
<br /> 24. (3oveming Lew;Severeblllty. Thls Oeed of Tiust shall be govemed by the lawa of the Stete of Neb�eska.In the event eny provision w
<br /> cfause of Ohls Deed o/Tiast confllcts with appllcable law,such confJict shall not aflec!othe�provis/ons of thls Osed o/Tiust whlch csn
<br /> ' be glven eflect wlthout the conNicdng provislons and to thls end the provlslnns of thls Deed ol Trust are declared to be severaMe. _' �e•.. ;
<br /> ' 28. Events of Defau►t Each o/the lollowing xcmrences sha/l consdtute an event ol deleuN he�eunder,(hereinefter celled en"Event ' ., �
<br /> of DetaulY'):
<br /> (a) Tiasror shall!sU to pay when due any pdnclpal,�nterest,or princlpal and�nterest on the Indebtedness, � ;
<br /> (b) My wanenry ol dUe made by Tiustor hereJn shalf be antr�e,
<br /> (c) Ti�sror shal/l�fl to obse�ve or perlorm any of the covenants,agreements,o�condlt/ons!n thls Deed of Truat ' d
<br /> (d) My representeNon o►waaenty made Dy Tiustor on any ITn&nCia!statements or repoRS submltted to BenefJClary by or on beheN of .. ,%
<br /> Tnuto�shall prove lalse o�msterially Msleading, . � .�
<br /> (e) Tiustar shall lall to perrom►or observe arry o!the covenants,condlUons or agreements contalnad!n,or bindlag upon Tiusto�unde►
<br /> any bvilding loan ag�eament secudry agieement,loan ag►eament,tlnencing stetemenc or eny other egreement,lnsbument or '�..,�,
<br /> dxument executed by Trustor ln connection with the loan eviderrced 6y the Note, :_ •
<br /> (n A Vustee,receiver or liquldato�of the Tiust Properry or of Tiustor shall be appolnted,or any of the creditors of Tiusto�shall Nle a � •
<br /> petfGon in bankn�ptcy agalnst Trastor,or for the reo�ganiza0on ot Tiustor pursuant to the Federel Bankruptcy Code,or any simllar • _
<br /> law,whether tede�e!o�state,and i!such order or pebtion shetl not be discharged o�dismissed withln thirty(30)days aller the date ��',-
<br /> i-
<br /> or+which such o�der or petibon was liled. . - �� �
<br /> (g) Tiustor shaq file a petition puvsuant to the Federal Banknrptcy Code or any s�milar/aw,lederal or stafe,or if Tiustor shall be
<br /> edJudged a banlwpt,or ba dacla�nti insofveiiF,or shaY,make an assignme�7i�r 7:�b�ns�t ot crediror�,a;traff admit fn►:7fGrrg its �'r�,;si, _-,: _
<br /> . � inebllity to pay its debts as they become due,or shalf consent to the appointment of a receJve�of aff or any paK o/the Trust Propery, �
<br /> (h) Flnat(udgrr+ent�or the payment ol money shall be rendered againsr 7rustcr and Tiustor sha//not discharge the seme,w cause!t to
<br /> • be dlscharged,within thfrry(30)days a/ter the entry thereof,or shall not appeai fheie/rom or hom the order,decree or prxess upon i;
<br /> ' which or purseant to which said judgment was granted,based,or entered,end secure a stay of execution pending such appeaJ, ,
<br /> ,� � (i) Tiustw shali sef!or convey the Tiust Properry.or any peR thereo%or any interest therein,a shall be divesied oflts title,or anylnterest i:
<br /> thereJn,in any menner or way,whethe►voluntarily or involuntanly,withot�t the vvritten conseni o►SeneliCiary being first hed end '�
<br /> obtained.or !
<br /> ' U) If Trostor is a corpora6on or partnership and more than fifry percent(50°io)ot the shares a beneficial interests in such corpoiation a ,
<br /> pBrUteiship,as the Case may be,sh8/1 be translerred a conveyed,whether voluntarily o�mvolunfarily,wlthout the wriKen Consent o/ ,
<br /> Benefrcfery being f,rst had and obtained.
<br /> 26. Acceferatron o!Debh,Foreclasure.Upon the occurrence o/any Event of Delault,or eny time thereafter,Beneficiary may,ai fts optlon,
<br /> declare a!I the lndebtedness secured hereby immedietely due and payable and the same shall bear interest at the defauR rate,i/any,
<br /> set/arth rn the Nota,or otherw�se at the highesf�ate permitted by law,and.inespect�ve ot whether Beneliciary exercises seid option,it
<br /> may,at its opiion and in ds sole discretion,without any lurther notice or demend to or upon Tiusto�,o0 one o�more ol the 1ol/owing:
<br /> (a) Beneticiary mey enter upon,take possess�on of,manege and operate the Trust Property or any pa►t thereof,m$ke repaiis and
<br /> ' alterations and do any acts wh�cn Bene�rc�ary deems proper ro prorecr me securiiy ii�a.aul. a��u a�i�ro�w�F��o;w�����a:f:a��ny
<br /> possessio»,in!ts own name,sue lor a otherwise collect end receive rents,issues and profits,rncluding those past due end unpaid,
<br /> and apply the seme,less casts and expenses o�operabon and colfecbon,including rsason�ble attomey tees and Beneficiary's
<br /> costs,upon the lndebtedness secuied hereby and m such order as Beneficiary may determine. Upon request of Beneficisry,T�ustor
<br /> • shalt assemble and shall make availab1e to Beneliciary any o/the Trust Property which has been�emoved.The entering upon and
<br /> . taking possession o/the Trust Propeily.the colleclion ol any rents,issues and profits,and the applicat+on th�reol as aloresaid,shalt _
<br /> !rct Cure or waive any de/ault thereto/ore or therealter occurnng,or aNect any noP�ce of de/ault or notice o!sal�hereurrder or
<br /> invalydafe any act done pu�suant to any such notice.Norivithstandmg Beneficiary's contmuance in possession or receipt and
<br /> . . , application of rents,issues or profits,Bene6ciary shall be entitled to exercise every right prov�ded lor in thrs Deed ol Tiust or by law
<br /> � upon or after the occurrence o►an Event ol Default.�nclud�rtg th�r;ght to exercise the power ol sale.Any o!the actions re%rred to in
<br /> this paragraph may be takert by Beneficiary at such hme es Benefic�ary may determ�ne xnthout rsgerd to the adequacy of any
<br /> � security lor the lndebfedness secured hereby.
<br /> (b) Beneliciary shall,wrthout regard ro the adequacy ot any security lor the fndebtedness secured hereby.be ent+tled to the
<br /> • appointment oJ a�eceiver by any cor�rt hawng jurisdiction,wRhout notice,to take possess�on of,protect.and manage the Trust
<br /> Property and operate�he seme an0 coflect the rents.issues and profits therelrom.
<br /> (c) 8eneficiary may bnng any acnon in any couK of competent�unsdrehon to loreclose th,s Deed o/T�ust or enforce any o�the
<br /> COV@/TBRIS h@►@O�. �
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