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<br /> • ��raspc�dt�Y lo�sa o�s�s�¢fn tha Yruet Arap�rry.�r�0��n tt�af,�?rai���c�/a�,se Is now�nrRar�sf�ra Ue ext�rece: - -
<br /> ' ''�`'�:>',`��,R `"°_ � �w�w p�c'r�q�(��� /��� $nLd�scaumoredvarle�ps�rrrientatr�rtAa�ur��ar�nt�accces�saton�monVL., ,� � : --- -- ----
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<br /> �� �`�� � � � lc1 �ndorm�dFlYUsesam�svastsreducetf�ecermt�as�.t�sr¢ntslpsyabteurei�tmsfar.cvtacf�sn�san�rr�n�vyslFrc�latorrs ---
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<br /> _ �'.>�� ar,rar�dhave�s efl�t off�ty�►g ttre Vulue olths fessa�'8 fntereslthersarcder or Ne tc suD aat tixs�ta,or of Impa!rin,g t�i8 ����'�•�-�`
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<br /> • ' � }�;� � pos�ttonorlaterasioi�ha5�aryt�efn..cr . �_ .`rx�';r��ys
<br /> E�t�;"�,'�` �� f � (� S1o�.s�91►,P6n�9Q.m�at$a�ara3r��spQSeo#.ar8nownDarfi�1at�rast ln�ny s8fd/sasa or nny rani�,fssuas.P�ot�����, �"'-�-1���f �s,�
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<br /> 17. �YetvmalStetrrte ofLmf2�tans.Tlms ts oftha essence fn aU of Ttttsiw's ob� atln�ns end dufJas hBJeun�sr:e�dto tha ext8ntpamZttte� ,.
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<br /> <''x? �. , ;��`• 1 hylew.Trrrsras v�ivas aU prmsent a hrture srsnrtes of GmftaUons v�res�eat ro sny dsbL demet�d otoD1i�81i8n secttret!hsmby&R9 "`� t
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<br /> :.. �•. � :• ":..� .:;�:` � .�nyacttar�orp�aceedin�lof tha perpose of enfarc�ng 8rls Deadof 7rust aeny rlgAis mr ramediss canta/rred hataln. _� ,�'�� 1�,A
<br /> -`� :,� � ° :-- - �'='F' f8 ass►gnmentof t�pos�.ln ths evoni coiisWctlon oflmpratramertts ts coniemp/at+sd by ttta�oan evfdanced by the h�aie seara�. : :- ��'��`{��,��,;�:, �:��ri
<br /> •. :''".,`'.��:`"^::..�� :�::Y�r � liereby.as addit]onalserxrrdy therefore.•Trustorhe�e0y asnsfe�s snd asslgns ro Benaficfa►y.atl rFg1��e BnQlnierest co e1ry�rtf�� 4:"' ..=����. �.,�,�
<br />�' `•'. ►r�or�tssdapo�o9byaronbeRal)of7msmrwithenyrcits.coumY.puD!lc8adxroragsncy.sanftar�►drsGfc�u�YcamPanY.sss� } ,� ��� f�'
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<br />_�t • 's <:.�. � e�y cfliisrLnriy eregency.tortheJnstallaflon ato securotkeuistallaftarro��uli7ity by Trusior.pertalNng io tha t+rust Pro/,tr3nY , yy.,�., ;�. •
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<br /> ��'':F:�:=:..� :�.� 19 Cvrpo�a6onwPa�e�shipE�stence ltTrrrsEorlsgcor�+�an.�P�+QrsM�oorG�tedparmers.,,h,�lrp� w�l��,/� �f r� ` . . , . .
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<br /> �.,�,4���`; ��S`•r ' it�SUlBnCeo�tfi[3p$ym�v,f.t&!'tesa�tPts�s�h8t$9otll/n�smreft&vgesby8e�ter.�v,"�.�tt�(lltgFbr��itP;�rt6to�Qt�t►t�6ci�►I►�BP`�*t�o ' ,. ����t�;� -
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<br /> ?. � - accelafai�theirro-tun'itratr49�l��ieDted� �� . � ' .-,, , � -' �' ., ` M.�` a�y
<br /> - '� �,; � 21. Remedles�yes���dres proqtded In th/s DeadW Tnrst�rs disdnci and cumulative Eo " r�igt.?s�r�nredy.urtder th/s , ;� ,;,.« .
<br /> - -- ---- -�'-'` - � D��1atT�'tisa�forded8yfawnreqroty,andinay�beexerzYsed�i.v�v�rentty.lndependently_or,�:.�,'�',�iassivel� . .. .. .. ..� .._.__ - ,� „�,���,
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<br /> 22 St►�ii�l.AsstBns'Bormd:JoittEend Several Uabr7iry;Captimrus;��hecovanants rind egree��s hereln contalned s9�a�11$�d,arrd ` �� ��-
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<br /> ' .:.< ': . the Rght�Crpr,�-'�.'bder shall irture to,t�r�ei�eciive srrccessars��gns nf BenefrcTary.Trustee,and tiustRr.M covenarts�dY ��'�_
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<br /> s .;;,;.r,,i,�.�.,.�. ..:.. ttgre�metrL�c�Trusto�sha/l bB jotrn elrr�several.The�L"ons a��dings ol iha paragraphs o/thls Desd ofTmst sre fo� ':,:;>::, . . � .'." .' S'.,° �
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<br /> _ ° r`,�', . canvsrtf4n�@'P�►N and are not ta 6e uscsf to laterpr+givc�rre��mv/sions nereol. . `.a.;:,. ,• =�=
<br /> < :. :.,. -••. 23. Natr�o.Eaa�iforanynoSCeiequin�r,nr��rapplfcebJ��fawtoQa�icen/nanothermanne�,fa)anynoticetotrustorprovlderdip�r�nu�s . � ;��;�,_ .
<br /> �.�;. . .,;�.;,�f�``�9 . Osed of T1us��haN be gtvan by �.� �notice by cer6fre�m,�tt{;�rm receipt requssted addressed to Trusior sf its m^ . ,;i�
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<br /> ��:" � r " <i,';�'� ` • eddress:S�l;!'a�th atrove or atsucb o..'��iess as Trustor may dt�'g�ate bynoBce to Benafrciary as piavlded her+aln.and�1sT�?�Y
<br /> ;,;%�;�I� ,�:r: = to Bene� s and Tros�e'smalJ�{'?;;• ��'��.
<br /> J��.•'I�jY f��l`;.,�.a irptic�fct3�ciaryorTrusteeshallD��i+enbycertlHedmal►,�{�celpirequested. � �:- ; , .::,.y ..
<br /> �;,::.�r-���f�f-t�:;`f��tb''�. . ;�• .,;, .
<br /> " ` Y�.::��������Nf,�,. • , eddr8ss5/i��hsrelnoitosuchatheraddressas8e�{2,ridar�lor�'r,��t.�iamaydeslgnatsbynoticetaTrusioraspmvidedh�;�dUry. . ..
<br /> ;;' ;�,Zr�s�;. . , rsotiae pmv�d(orin M1S Qaed of Trost stiall be deei?�ta�rave�ed»�en ta Tir�sbr,Beneflclary orTrustet ivt�an glven iri C� . � , ;•=r�'�
<br /> : `'`e: . • �anner��+tated herein. � - �`��r� !;'.
<br /> :��, �'� ._. ,
<br /> �:� . � 24. Gnv�vrrar'�J;r�v:Severabiliry.�Thls Daed of Trust shali be goveme�'t�+�re laws of the State of Nebraska.!n ihAe�nf any pr�n'sJan or �. >: ;'s•.: }
<br /> � . . . .;: .. , clau�o-s�f;Uif�•Deed ofTiust caMfrcts wfth applicable law.such ca��l+el:�haU not affect oiher pravlsions oP th/s Deed otT�ust ea�h can • .<.� .
<br /> ` ,. � ,: �e %+s�al/t�cf without the con�cttng pravisfons and to tlds end�ir�grttrds�ons of this Deed of 7rtrst are dec/ared to 6e se�r�lilt� •�. �•� '
<br /> ,� _ • . . ;�.>.
<br /> ... .. nt of deteali hereunde� ere/nafter.catie4 an'`Fsr+�f; ..._..__....._ .`'���. .�
<br /> __ , ,�. t`��t a#�Ue�aulG Each of the loibwing occurrences sf�9.carrrsi�i��n eve !►� :. - r/�
<br /> .�,��r;,�. , : ;. , . �.:; .;. . �, :
<br /> � .. , ��"�(a y tr�stor shaJl fall to pa y when due any principal,fnt�cos/;.u�r(3traclpal and interest on the Indebiedness, .
<br /> . ' . .,.;', (b) My�rrrtr�,ty of title mad9 by Tasror herein shaf!be cti�t�e, ,:, : .; . ' ���'�r i� .
<br /> . . .,` (c) TmstavNtelC fal!to obseive or pedo►m any of the covenants.agn�nts,or condroans In this Lic�t ii�,a,;r�:,� r.��. "t. : -'. ,..::<;: :, ir..
<br /> :1's� ' (�My representation or wananry made by Tiuslor on any financf�t:7.t�n_ments or reports submi�dl its t�r�Jr�ru_�S•1�or or+l�sdtres� .. ,',J,�?,°��;
<br /> �`�,�"` � i. " Tiusto�shalJ pnova k�1�o�materiaJy m1sleading. , , ,,. . ,.: `�, • _,`: � r '..i,,,.,.
<br /> ti�s.�.�1, ;, . ;,� �� =� ��::
<br /> (e) Tasto�ahall fai!tq�rm oi observe any of the covenants,condHicns or agr+�i�r�rts contatned/n,ar Or�crfig�on Truai�r�,jde►� `,:; ;�
<br /> � • • eny br�'Giriy loan agreement security agreement,loan agreer•r�;�i,�nancing sta:&�rent,o�a�ry ofher agre�xiseni;r7rsurr.rt+��i'�:�' , . - '
<br /> ' ? • � do��rii�z3cuted by TiustoNn connection with the loan eviSc�r�:a�by iha Note, ' "�� '• �'�� � ,
<br /> r , . ' � (n A trr�st�au.{argfve�o�liquidatorot the Tiust Propeny ar ot Tru�rtr.�rsjl'be appotnted,or any ol the creditas ot Tiusrcr�9t�qc�:a : . . �
<br /> ' pebilcsr�Urlui:kiuptcy againsi Trustor,o�lor 1he rea.•�,�niz��ir'C�i`�'+sistor pursuant to the Federal Bankruptcy Code,or���iisx:ls� , ,
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<br /> � law,ul�I,try�lederal or state,and if such o►der a�pat111nir.�►ta►I not be discharged or dlsmissed wRhln thi�ty(30J deys af�x ti�'e date „ �•� . , .._
<br /> , on y+tu�x�l3M.h order or peGdon was filed, '` � . ;. �-
<br /> ' � . •`,,< (g1 Tiuseorsltr�li file e pebdon pu�suant to the Federai 8ankrupfcy Cq�te orany s,Hrilr��iaw,fede�al or state,o�NTiustor shaJl�r�: �- ..
<br />_ . � ),�z,. Bd�uQg�d.r�lianknrpt,o�be declared Insotvent,or shall make a��¢s�t�rtmerr t.f���r��.aener��t�c��a,ro►�,or shaA admtt in►�rf�r,g its _ ' ��_::���i�:,� ._. .
<br /> �' : , `. �?;i�r;:�� ' inabif�iy.td�e:y its debts as they become due.oi ahal!cansent to itra r�Po;rnhn�i'�1�a r�::.eiiit��•n�all or any part of the Trr«1�%►�perry. . .,; �, f�; .
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<br /> : «�'�•�i�'�' •� '�'. • (h)F/nal Jud�tizent fa the payment of money shall be rendered agalnst Trust�o�arrrl�rrl„ti'ai�lizli'�mY dJscharge the s8m9,o►cai�i,s�f Cs,. ',,�.: .�. .
<br /> �..T..,..,.. . , .
<br /> ��'�'^���`'s��k��' ' g Ry(30)days after the entry thereof,or sha0 not ap�o�;Uir��l�om or lrom the order,decree or prccess i�arn.,_ �k'�; � •
<br /> ' ,<..;!,�,n,:;�,:.: 6e dischar ed,withln th! .
<br /> ••a rr.:t�� vihfch a,pursuant to which sald Judgment was granted,based,a entered,�d�atcure a stay of execution per+dTng such apQe�'�r; :.: .^„k ti,;�.,
<br /> ' '":��'� � p) Trustorsflafl sel!or convey the Tiust Pioperty,or any paR thereol,m any lnterest thereln,or sha/l be divasted olfts 6tle,or aaryy+�t�r�."L� ;.
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<br /> � � th�raEn;;f'n any manner or way,whether voluntarily or lnvoluntarii�r.�vithout the wriKen consent of Benerclary being/lrst had at��i�'�� � ,
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<br /> + : , . � � (j) !t Trvstoi Js a Corpora0on or parbreiship and mo�a th�r 6ity perCent(50%)o�the shares o�benerclal lnterests�n such ccrparat�bn or ,
<br /> • ,� • .,, , parinershtp,8s Ure Case may bB,shaH be t�ansferr�d�r•cartveyed,whether vo/untaiity or Involuntadty,without the wrltten con�enf ot f, �; •
<br /> • • ' BeAeficlery being first had and obtaTrted. �� : •. ± �
<br /> � ��'���`' �ZB..Acceler�fion o/Deb4 Fo�eclosure.flpon the accr�*�t3iir.,�et'2ny�ir�n!of Defeult,or any Ume thareaftet.Bene/iclary may,aC�ts npGOn, .' ,,, .
<br /> ,. ; ' ;• ,•;�:;;:
<br /> ,`1.,'��;4'����- � , deGa►t�;pll the Indebtedrtess secured7teieby tmmedfr�t�l�du,e�r+d�}�ayab�a%�L'ss saras sh�t bee�lnterest at the de/ault r�ib,.fi eny, . �,�;�-',;;,;:�',��.',
<br /> . `?;y;i,r•:i�; .•.. . ,;':.";;:.,<:;>.
<br /> ` .::�i�• ,�,1l � set ft�Kti+In tne Note,or othenNise at Elia lilglrest rate d�rrnrtte�►a�^I�nw,aad,laespectiveof►r�Itr�fi�r Benefrcrary exercises said'opdon,ir �' � ,.,,.+,;:
<br /> ;:.� � ;�; .�1:•j�� ,:7�': � . . �.:ti�:::...
<br /> - s•�F•�� , � �,� ;� ��,�, may;aC ita opbon and in its sofe discre5on,�vlt�o�t arry,lu�L9�inoticp,isk dertrai�it lD o.�aepdn Mf�tar,do one or more ot tha following; ,'y,.� � .
<br /> �:��Q�ts f�; ` ; .:�,. .
<br /> a�,�;. . , (a}Beneficlary may enter upon,take possessio►►nf,msl�t�$a 8nd c�;t�tt�t�3 M9 iiju�il�l?topeny a any pa�t the�eof;make repairs and t:.:
<br /> . � y'�r�^`'�'; �'. � sltareUons and do any scts whlch Beneficiary deems prape�lt�'p�Y�cr the spciuity the�eol,and eithei with or without takmg i��'� ,
<br /> , . ,':,.. .
<br /> ' :: possesslon,ln fts own name,sue fo►a othe,wlse couectsrrd r�c�i��r�►ents,lssues and profiis,lncluding lhose past due and unpa�d, �.
<br /> ,� �'3�� and apply ihe same,less costs and expenses of opetaoon atrd�c�lfqatlon,!nc/uding reasona6la attomey fess snd Benefictary's � .
<br /> - '�R ' ' costs,upon the lndebtedness secuied Ae�eby and irt sucH ordarAs Benereciary may determine.Upon request of Beneltc/ary,Trostor ; ,
<br /> i ' - � sh811 assemb/e end shall make available to Benefrciary eny ot tire 7rust Pioperry which has been removed.The entedng upon and �
<br /> . � . }t . taking possesslon of the Trust P�operty,tA9 cotlec�ta»of any rents,issues and pro6ts,and the application the►eof as afaesaJd,shal!
<br /> nof cure or wai�e eny delault fheretofo�a o�ttferdutter bcGu►ting,a aflect any noace ot default a rroUce o/sale hereunder or
<br /> a
<br /> ' invalidate any sct done pursuant to�ny such rtotice.Nonvithsta+►ding Beneficlary's conbnuance in possesslon of receipt and ,
<br /> application of rents,issues or profits,SeneficJary sha110e 6nti8eQ fo exercise every►ight provlded for irt thls Oeed ot Tiust or by law
<br /> � ;;: ; upon or after the oCCUrrence of sn Event ot Default,irtc/udin�the right ro exercise the pavrer ol sale.My o!1he acGons refened to in ;
<br /> " Mls paragraph may be t8ken by Benaficiary at Such 6ma as Seneficlaty m�y Qel�►mine without regard to the adeqUacy of any ,
<br /> � �:� •� • � • securiiy foi the lndebtedness secured hereby.
<br /> __.. �.__..___=._ . 1 . _ _...
<br /> • (b) Beneficlary aha11,v�r3/tout�egei0 to Ure a0equa�y vf mry secu►ity t�n tire fndebt��iness seca�ed haretsy.6e emitled fo eha � -
<br /> i ` • . ap�oJnUnent ol a recefver by eny coun havirtg�urisdic6on,without rto6ce,to take possession of,protect and manage th�Trus!
<br /> . • • Piope�ty snd operafe the same and collect the rents.Issues end p�ofits therefrom. ,
<br /> ' ��. �� (c) Bene�iclary may brirtg any�ction in any couR of competent jurisdicdon to foreclose this Qeed o!1'iust or entorce any ol the ,
<br /> ; • � ' covenants he�eof. 'i
<br /> # • � ` i± . ;
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