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<br /> ' - ''�t"ti+1� ' "f ' lR17 f;'w;�li � �►+ny!'Zj.1'��``�,,��f,�'rk ;i �y",i' '�tq' ' . i�Fi� , • � � .. �--S�r�o.,�r
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<br /> .. 1a. CoveirwKa of TNeia tv!!h Fiwpa�K�b l.�sat 1�1NA�out t!�pdor wrklrn Cana�nt of 6�r�M��Taat+or ih�M rat,dh�rodyror N�db�roMp,
<br /> w�th roepsr.'t to anY M�»W a�p�CS rn tha+Tnut Prc�ry,a�rrY pa"tlon tM+'rol�wMNNr �iva la now or tNnaRa h���a(M�nar.
<br /> - (e) AccoQr o�parmlt eny pro�ayment,d1SCOtPfliW RdVdflCO pAylfllAJ Of lB�1�IIAINIlfXlK In exctiur of o»a manth.
<br /> (b) Cancef or tem�in�te the same,w accept arry oarrcelletlon,terminatldn a surrw�der Hwr�wf,ur permft rrny event!oa ocou�whkh wauf0
<br /> accur tlwraundor ro t�rmtnatQ os cencN tho satte,other than term/natfon fo�r�anpeyment ol rent,
<br /> , (c) lun�rt�f wmodly th�a�rrr�ao es to roduce tf►s tarm thsroof.ths rontal paysdM thsreund�r,a ro ahu►�e�»y nnawv prnvialora
<br /> thonin contelned.
<br /> (d) Waiw+�Y d�hutf tlNnunder a bn►ach tMr+wt.
<br /> - (e) Qlve eny consonL walv9r or pppravaJ thereurtder o�take any oth�e�ecdon!n co»rtso8en therowitlr.a wlth e Mese�N►e�rounda�wAlc1+
<br /> wauld A�w yN�1MM�af Mnpalri�jp tln value of the/eaacw'a fnteras?ttwreena'sr ot fr2a prvperty�ub��ct th;rota,or o}!m jrJ�ln�the
<br /> poshion a M�tanat d��dl�ry tl►�rNn.a
<br /> (Q Self,a�lpn,�nb�;�mai�q�or'oNrNwlse dlspose of,or encvmbe�tta Inferesi in any sald feaae or eny rent�,l�guss,proNta lsaulnp
<br /> or eriaing thereunder. �
<br /> 17. WeNer of Statats of Umfte�tJcx�s.Tlme!s of the essenoe tn all ot Tiustors oblJpallona end dades hereundgr,end fo the ext�ni perm/Ksd
<br /> bylaw,Trusror watves eN preseni or future atatutes of lJmitaUons wlth reepect ro any debt,demsnd o�obllgation aecurod hAr�s6y and
<br /> eny ac8on a proceedlnp/a�dre purpose of enfaaing thla Oeed of Tiust o�any dghte a�romediea ccntelned hsroln.
<br /> f8. Asalynment o/Oeposlta.ln ths eveM consWCdcn ot improvembnta!s canfempleted by the/oan evlde»ced by the IVote secuned
<br /> � hereby,ss edditlonal seouNry the�fore,7arsta hereby bensfera�rtd esslgna to 8eneflalary,al!dgM,Mde and Interost ro eny end aH
<br /> morttes depos1ted by a on behaH o/Trusbr w/th any cfty,county,publlo bady or agenay,sanftary dlstdot,ud!!ry company�end
<br /> i.;. 8!!y OthBT body or agenoy,for the lnstaflatlon a to secure the lnstalfadon of any utlllry by Tiusia,pertarnJng to the Trust Propo�ty►.
<br /> ������ �g, CarporeUon a Pard�eraMp Exlatence.B Trustor fs a corpomtlon,generel pa►trter�hfp,or IlmKed parhrerah!p,It will do aJ!th/ngs
<br /> �Y necessery to preselve Ita capaate o�partnershtp exlatenae,ea tha oese may be,and all dghis and pdvileges under the laws of the
<br /> , � stete oilb/naapaedon or organlsaUon.
<br /> . �,;�;,:; �. forbearance by Bensflcla►y Not a Weluer.Any to�besrgnae by BBneftfclary!a oxerrclsing any dght o�remedy heteunder,nr othe�wlse
<br /> ;��+:� alforded Dy eppAceb/e faw,shall aaf ba a watver ol or preclude th exQiclse ot eny suoh dght or remedy.1`he proowement of
<br /> ` ~.��'�;,?,, � Insurertce or the payment o1 texes o�the dlscherge af Uens ot oharges by Beneflclary ehell nai be a welver of Beneflclery's Nght ro
<br /> �- '`" '�'" ` �� �" scce/emte tf►e matudry of the lndabiedness.
<br /> r.�,n '
<br /> �;�iK. �21. Remedles CumulaUve.Atl remedles provlded!n thls Aeed af Tiust ere dlsdnct t�nd cumu/etfve to eny other dght or iemedy under th/s
<br /> �;''�`�*� •'•:: �,�•� Oesd of Tmst or alfaded by!aw o�equ(ry.snd may be exeralsed aoncurieady+,independenCy or auccesslvely.
<br /> �.,,�,�,.., , ..,
<br /> �,,ft�,�-c;��,u+�;;� 22 Succossas end Asslgns BoUnd;Jdni snd Severel Uabillty�;CepVons.fie cavenants and agre3emema hereJn conia/ned ahsf/bind,and
<br /> the dghts hereunder ahal!tnure to,the respective successcra end asslgns of 8eneflclary,Tiusiee,and Tiusta�All covenams and
<br /> "`��`%�`':?'�:'•��;. e�qreemaniss of Tiustor shall be Jolnt and seve►el.7he aept/ons and headinga ot the paregrephs ol th/s Qeed o!Tiust are for
<br /> �.•:.
<br /> ::}�::;.- ,�° �onvenlonce onry and are not to be uaed ta irKerpref or deNne the provlslons ha�eol.
<br /> �Y�'.,''`•. •� :� �`.� 23. Nodce.Eiccepf br any notlae requJred under applicabla!aw to be given/n enothe►manne�,(a)eny notice to Tiustor provided tor ln this
<br /> : 3i ' • Deed of 7nrst ahal!be glven by mafling suoh notice by oaRi!!ed malf,refum iecelpt requeated addressed to Tiusto�et Jta ma/ling
<br /> addreas set b�i!►above o►at auch other address es Tivato�may dealgnate by nodce to Beneflclary as provlded herein,and(b)eny
<br /> �.rr• • . :�•'�'� . npf1C6 to Benef/Clary ol Trt�8te9 SAall be g/ven by Certifrod maii,refum receipt mquesieii,iv Sanafleiary's and Trirsias's�#ssg
<br /> � � .�':t�-j`: ' eddress ateted hereln'or to such other address ea Beneflclery oi Tiastee may deslgnate by nodce to Tnrstor as pmvided heretn.My
<br /> : notice provided/orin ihfs Deed of Tiust ahall be deemed to have been glven to Tiustor,BenefJclary or Tinstee when glven in the
<br /> •c �� -!"" msnner deslgnated hereln.
<br /> " •• • 24. Cioveming Law;Seve�ability.fifs Oeed of Tiast shall be 8overned by the laws of the State o/Neb�aska.ln the event any pnovlsion or
<br /> ." ..� o clause of thls Deed of Tiust ccnf!lota wlth appticable law,such confllct ahall not aflect other provlslons of thla Deed of Tiust whlch can
<br /> be gtven eflect without the conl!lcang provlslons and to drts end the provlslona o/thla Deed of Trusi are dealered to be severebJe.
<br /> � -• , � 26. Events of Defeuit Eech o/the Mllowing occunences shell constlhrte ar�event of default hereunder.(herelnaite�cetlled an"Event
<br /> • ot Defeulr'): `
<br /> ~ - • (aj Troator shatl lall to pay wh�n due sny pdnclpal.lnterest or pdrtclpal and lnterest on the Indebtedness, �,,;�;,;;
<br /> ' ,., (b) My wananry of Ude made by Tiustor heroln shsll be unt►ue, '�•`�
<br /> �• - (c) Tiastor shalt lell to observe or perfom►eny ol the covenanis,agreementa,o�condltlons In thls Deed of Trust, •�'�
<br /> ' ""_� . (d) My rep�eserttaUort or wenenly made by Trustor on eny flnanctal statementa or reports submltted fo Beneflclsry by or on behaN ol
<br /> �I�; 7rusto�ahsfl�rove false or matedally misleeding,
<br /> • ' �e� sn bu!ldln/loana ree e trsecurityagreementQlasn e r�eement,�Nnancingstatem ntcortsnyotlreregreem�e t.�humanior der
<br /> � dxument e cec�by Trusto�in conneatlon wlth the loegn ev/denced by the Note,
<br /> ,. (� A Watee,recelve�or Ilquidetor ot the Tivat Properry o►o/Trusto�sha/l be c�polnted,or any o/the credltors o/TnrsMr shalf�le s
<br /> ��r��-i: petltlon In banknrptcy agalnat�iusta,or for the reorganlzetton ol Tiustor pursesnt to the Federel Benkruptcy Code,or any stmlle►
<br /> .. fa►v,whether ladere!or sfete,end/f svch order a petiUon ahal!not be dlscharged or diamissed wlMln th(rry(30)deys elter fhe date
<br /> ';���;,� ,, an whlch auch order or pe�ltlon wes Nled,
<br /> •• ' (g) Tiustor ahallllle s petltlon pu►saant ro the Federa!Bankruptay Code or any similar law,lederel or stste,or i/Tiusror shell be
<br /> .� �, ;,. adJudged�bankrupt,or be declared lnsolvent,or shall make en esslqnment Mr the benefit ol credttors,or shall edmlt in wrltlng!ta
<br /> ,�j� ' . lnebRlry to pay!ts debts as Mey Decome due,or shell consent to tha appolnunent of e recelver of al!or eny part ol the Trost Property, .
<br /> �&�` `� `�� � (h) F/nal Judgment lor the payment ol money shap be rendered agelnst Trustor and Trostor shal!no!dJschsrge tho ssme,or ceuse ft to
<br /> be dlscharged.withln th!►ry(30)days sfter Me enuy dtereo�,or shall not eppeal therelrom oi/rom the order,decree or process upon
<br /> .',� � whrch or pu►suam�o wnlch said/udgment was granted,based,or entered,and secure a stay of execuNon pending such appeal,
<br /> �;_ (!) Tiustor shalf seR o�convey the Tiust Prope►ry,or any paR drereot,or aay inierest thereln,or shall be divested of!ta dNe,w any Interest
<br /> ��� the�eln,!n eny manner or way,whather volurttady or Invofurrtartly,�vlthortt the wtttte�r r,onsertt o/BeneNNery being N�st had and
<br /> � rt ' �.;. obtalned,or
<br /> •� ���,�` Q) 1/Tiustor!s a corporeUon or psrtne�shlp and more than N1ty percent(b0%)ot the sharos or beneflcls!lnterests!n such corpoiado»o�
<br /> . , ' parbiership,es the case may be,shel!ba trensfemed or conveyed,whether voluntarlty orinvoluntadly,without the w�itten consent of
<br /> � 8e►+eHc(ery beJag/irst had end obtefned.
<br /> �� 28. Acce►eretlon o/Debt;Forectosure.Upon the oacumence of any Event o/DefaolL or any drne thereafle�,BeneNclary may,at!ts opUon,
<br /> �' ' decfere alf the Indebtedness secared hereby/mmedlatefy due snd payeble end the same ehall baar fnterest at Me delault rete,!t any,
<br /> � set foRh!n the Note,or othe�wlse at the hlghes!rete permftted by law,end,InespecKve of whether BeneNclary exerclses seld optlon,it
<br /> may,at!ts opdon and In its soJe dlscretlon,withaut any further noiJce ot demand to or apon Tiusto�,do one or more o/the lolfowing; �
<br /> (e) BeneNctary msy enter upon,teke possesslon of,menage and operete Me Trust Property or eny paR thereoh,make repalrs and
<br /> .LL� �t �J�LL��u.11L w uJll�w��1 MLIwn
<br /> '�, ' 8R@1BII071$B!!O QO Hf1yI 9GT8W/IICII Q6R9RGf8lj�aBtlffly/J!V(JV!tV f�7iVi0i:i urtr baiswn�urviw.�m�v o�u.v. ......... ......w..w....a F--
<br /> ° possossfon,irt ila owrt name,sue/ar or oMerwlse co!leci and recetve rents,issues eitd profits,Jncluding thosd past due and unpaid, �
<br /> �� end epply ihe same,less casts and expenses of operaUOn end cot/ecilorr,tncluding reasonable attomey fees and BeneNclary's �
<br /> • cnsts,upon the Irtdebtedness secared heieby end!n such order as BeneNclary may deterrnlne. Upon reqaest of BeneBCfary,Tiustor , •
<br /> . sNafl assembte and aha11 make evatleble to BeneNc(ary ar�y of the Tiust Property whlch has baen removed.The enie�tng upon end i
<br /> ' „ teking possesslon of tlra Tnrst PropoRy,tha colleatlon ol eny renb,lssees end pronts,and the appllcaUon(hereof as atoresaid,shoq �
<br /> �� ., not cure or walve sny default theretoto�e o►tireresfter occurring,or aNect sny notice ot defeuR or rtotice ot sale hereunder or
<br /> " Invalidete eny act done pursuant to eny such noUce.Notwithsisndtng BeneNclary's condnuance!n possesston or recelpt and �
<br /> � ' appflcaUOn ol rertts,issues or profits,8eneficlary shall be enUded to exercfse overy nght provldod fo��n thls Deed af Trust or by law ;
<br /> upon o�afte►d+e occurrence of en Event o!Default lncludMg the ngNt to exercise the power of sefe.Any ot the ecttons ret�rred fo ln ' „
<br /> , Mls pa►egreph may be teken by Beaeficiary at such tlme es Benellc�ary may determtne wlthoui regaro to Hre edequacy o!sny �
<br /> � ., s�9CU�ty lo�tlte Irtdebtedrtess secured hereby. �"
<br /> ,. +�' . (b) Beneticlery 8h8U,wtthout regard to the sdequeay ot eny security tor Me lndebtedness secured hereby,be endtled ro the i
<br /> � T i' ; sppvtnimen!of a recefver Dy eny court hav/ng�orfsdlctlon,wfthout nottce,to take possesslon ot,protect,aad manage the Trust
<br /> PropeRy and ope►ete the same and coll�ci the rents.lssu�s snd proBts therelrom. �
<br /> " (c) BeneNctary may b►ing any action Irr any court of competent/urlsd(ctlon ro foreclose thls Deed of Trust or enbrce any of the � .
<br /> �
<br /> ' COVa»aRts hareof. �
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