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<br /> fd. Cos►an�nta of Tivata wNh Rapeot b LwaW.WfMiouf t�s p�lor wiftdr►conas�t�f�nM►afary�in�ator aha!!r►ot�61r�rri,q wh�ir.aCy,
<br /> wNhrWp�ct ro�nylaaa�of apacsln dnTnut Prop�ty.a�ny�oKton thasol.whstherauohlsaae/a rtow aheroallsrin exiaN►t��:
<br /> ' (�Acc�pf a permit any prep�yment dlscannt or advan�e paymar►t al rem hereunder!n exaesa of one month,
<br /> � ���1��,� (6) Canael or tsmilnaie the samo,araccept sny cnnavlfa�/on,torminaUon oraunvnder thereol,o�parmlt 8ny evnnt to xcur whioh would
<br /> occur thereunder io temNnate nr oencef the same.othar thsn teiminatla►to�rtvnpaymsnt of rent,
<br /> ' (o) Ama►d a nadtly t0ie aeme ao ea to rodvae the term tha�sof,the rentel payable therounde�,or to ohaage any nnewal provlslona
<br /> thonfn conhJnad,
<br /> (d) WuvRanydefauAdtwoundero�braeoh thorea�
<br /> ��� Qmutd Am�N�ertt ci oi I pelrinp rhe vr;lue ot the lesaor's lnterest fhereu»deor the p�roperry s�bJect thereto.�t p�n�r�whkh
<br /> pwldcn ar M(�r+at of�eneAclsry thsrNR�a
<br /> • (l} SeIL atalpn,pNdya,mai�apa or olfierwJse dlapose of,or encember fts interest in any satd loase or sny rent�.issues,proflta lasuing
<br /> �"�:: �;,:r.l� , aeriafnpth�reundar.
<br /> !l�f7. Waiver a1 Statuts o�umltedona.71ma is of dro easence/n a!I ot firstors ob!lgaUons end duNes hereunder.end fo tho extont pemdtted
<br /> �'"�`^"''"�'. by lew,Trustor walvea eU p�esent or Ruture statrutea ot IlmltaUnrts w/th respeet to any de6t,demand o�obf/gatJon securad hereby artd .
<br /> . ��-�...,,
<br /> ' " ' j:�;,�= eny aotbn o�proceeding lor the purpose c1 enforcing th/a Deed of Trustor a�ny rlgh�a remedles contained hereln.
<br /> .�r.t��.,r�;h:
<br /> •�•.r ti.��- � f8. As�lgnmen[01 Dsposite./n the evan!constroctlan oflmp�ovements b ca�temp�ated by the foan evidenaed by tlre Nofe secured '�
<br /> `X.n,•,,.���'., . hereby,as addltlonel seCUdry therefore,Trnsto�hereby bansfers and essfgns ro Beneflclary,all dght.dtle and laterest to eny and e!f
<br /> ''�<-�.�<<' ' ��' monles deposltad dy or on behallol Tiusta with e»y ciry,aaunry,pubAo body or agency.sanitary dlablct,uUllry company.and
<br /> � ;'`'� ���'�'�' � an oMor o�a ena .torthe Instalfatlon or to secure thelnsteliadon ol eny utillry by 7iusto►,pertelning b tho Trost Properly. ,
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<br /> r.�,.;•;•- ,:•• :
<br /> + �° � 19. Co►poratlon a PerOte�ahlp Existence.!I Tivator ls a corporeUon.general parbrerahlp,or fimlted partnerah!p,Jt wlll Uo eli things
<br /> �'��•�.���'" � ��.^�' aecessary to presenie ils corpo►ate or paitne►shlp axlatence,as dre case may be.and a!l rlghta end prlvllegea unde�the lawa of the
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<br /> . �,���, .::;;J+k;.t 818TA01118MCOfpOt8tl0AOtOlQBItIZ8d011,
<br /> 20. Forbesre►1C6 by BeneBclary Not e Welve�:My lorbea�ance by BeneNclery!n exercls/ng any dght or remery he�eunder,a othen�rlse i�
<br /> •.,"�,�.,�-�`- ��� efforded by appllcable law.sh8ll noi be a waiver of or pi+ecludB the exerdse of any such right or remeily.fie procutsmarn af .
<br /> �:�r.:•� • '.�•`�� lnswence o�the payment of taxea o�tha dlscharge of llens o►chargea by BaneHcl�ry shall not be e walver of BeneNclary s dght to .
<br /> sacele�ate the maturfly of the Mdebtedness. �"'J
<br /> 21. Remedles Cumu(aBve.A►!remedies provlded/n thls Deed oi Trusi are dladnct and cumulaUve fo sny other rlght or remedy under thla
<br /> `'y =•�-' "=�'��• _� Deed ot Tivst or eNoided by law or equity,and may be exerclsed concunentty,lndependenUy or auccesalvey. .,�,n:
<br /> ' 22. Successas and Asslgns 8ound;Jolnt end Several Uabplry►;Capdons. The covenants end agresments hereln contelned ahatl bind,and
<br /> ';� _. :::-,f!�;:�',:`'. fhe dghts hereundei aha!l lnure io,the respeaUve aucceasors and ess/gns af BeneNclary,Tiustee,and Tiustor:All covenants end
<br /> %��t'�;},(�r. . agreements ot Tiusfo�ahal!be%!nt and several.The aeptlons and Aeadinga af the paregraphs ol thla Desd of Trost are fa
<br /> • ��''�' ��•�`ti%' ' convenlence onty and ar+e not to be used to fnterprei or deNne the provlabns hereo%
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<br /> ;;��:f��,{:r,�;:,;��:�:� 23. NoUce.Except lar sny no8ae req�drad under appllcable law to be glven M enother manne�,(a)eny noUce to Tivator provlded Mr In thls
<br /> .�:,:���;,:.;:i<st�':�;,;::!. Deed of Trust ahall he given by mafling such no8ce by certiRed mall,�etum recelpt requeated addressed to Truator ai Ita me!!ing
<br /> `�r �,` c�':'•��:'�-'�:� ",• address set for�h atrove or at such ofhe►eddreas as Tiastor may deslgnate by notice to Beneflalary as provided hereln,snd(b)any
<br /> ��� i r.:._',f�'i���;:
<br /> ,,,���.. np�g fe�g��.�a►y or TrusteA ahaJ/be gi�en by ce�tlNed maA.retum recelpt requested.ro Beneflclary'a end Tiastee's ma!!!ng
<br /> � '"�r'' addross ateted hereln o�to snch othe�address as BeneflcJery or Tius[ee may deslgnete by nndce to Trusro�as proNa►ed nerein.Hny �.
<br /> , rtotice provlded!orin thls Daed ot Ti,ust st�all be deemed to have been glven to Tiusio�BeneNclary or Tiustee whon glven!n Me �
<br /> manner deslgnated bereln. •
<br /> '� 24. Ooveming Law;SeverabJllry.Thla Deed of Tiust shall be govemed by the laws of the Stste o/lYebraske.ln the event eny proWSlon or
<br /> � cleuse of this Oeed o!Yruat confllots wifhapp/icabla law,soch aonlqot sha/!not aHect other provislons of this Deed of Tie�at whlch osn
<br /> ° be glven ef/ect wiUrout the confJlcdng provfalona end ro thls end tho pro�lslona o/thls Doed ol Truat ere declared to be severable.
<br /> � 28. Event�ol Deleult Esch ol the loJlowing occunences shall consdtu:e an event of deleult hereunder,(herelnalter called sn"Event
<br /> . . , of Oefe�tY'):
<br /> (a) �ivatashafl lell to pay when dae any princlpe►,lntereat,or pnnc►pa►end lnterest on the fndebtedneas,
<br /> � � ... (b) Any wariranty ol ade made by Trustaherefn ahaq be unbue,
<br /> � , ., . (o) Tiustotshafl faD to observe o►perlo�m arry of the covenants,egneenients,o�conditlons Jn thls Oeed o!Tivat,
<br /> ;, •, (d) My representetlon or wenenty made by Tivaror on eny Jinenclal atatements or reports subrnitted to Beneflclary by or o»behall ot
<br /> - j��.__:�:. Trusiashall pmve felse o�matedelJymisleading.
<br /> �k'��' ' � (e) Tieata shAll/ell to perlonn or obse►ve any of the covenants,condldons or egreements contelned fn,or binding upon Troator nnder
<br /> -� "' any b�flding loan agreement,securiry egreement,loan egreement,flnancing statement,or sny other egreement,insbumeni or
<br /> . document sxecuted by Tirrstor ln connectlo�wllh the loan evlde�ed by the Note,
<br /> ,'s•�� � (Q A bustee,recel►rer or Ilquldator o�the Trust Property a of Trustor ahal!be eppolnted,or any of the creditors of Troato►shall I!!e a
<br /> '"':•�� ;�5�''r�':, petldon ln bsnMupfoy agelnsi 7r�sta,orlor the reorgenlsaUon of Tiusror purausnt to the Federel Bankruptoy Code,or any slmilar
<br /> �����• • • � ' law,wheiNe�lederal or atate,end/l auch wder or peddon shall not be dlscharged or dlsmlased with�n thlrty(30)days elter the dete
<br /> ,;� i :��;:, :.
<br /> i , ,., on whlch sech orderor pe�tlon was filad,
<br /> ::�.:`°� (g) Trristor shalt Nla a petltlon pursuent to the Federal Bentwptcy Code a sny slmllar law,federal or stste,or N Tiustor shsl►be
<br /> .;,".��; . e d J n d g o d e b e n k r ap t,o r b e d e c l a r e d Insolvent,or shall mske en assl gnmeni lar the beneflt of credltors,or sheN edmlt!n wdtlng!ta
<br /> '� lnabfliry to pay IGs d ebts es tl►ey becorne due,or shaff consent to the appolntment o/e recelver of al!or any pert of the Trust Property,
<br /> ,,.�
<br /> �f,�.�� �`•��`. (h) Fina!/udgment lor the paymont o>money shaf!be rendered agalns[Tiustor end Tiastor shall not dlscharge the same,or ceuse/t to
<br /> . � be dlscharged,wlthin thl►ty(30)days aRer the enby thereot,or shal/not appeal the►efiom or/rom!he oMer,decree or process upon
<br /> � whlch or pursear►t ro which aeld/udgment was g�ented,besed.or entered,end secure a stey of execution pending such eppeal,
<br /> .. . �1 Urerein,ln an�nanne oeweye whetherv��ta►!ly oi nvolu edly,wlth�the wrltte c'on en��8ene11clary being Nrst�had and ��st
<br /> • �..r'�
<br /> ;;.: , obtalned,or �
<br /> � ' • , (� N Tnrafor la e corparetlon or partnershlp and more than�ifty pvrcent(60°'0)o/the shsres or beneflctal lnterestsr!n such corporeUort or
<br /> partnershlp,as the case may be,shall Lse bensferred or conveyed,whether voluniarUy or Involuntedly,without the wrltten consent oi
<br /> ��. ' Beneffdary balag fltst hed snd odtelned. �
<br /> -� " 28. Accelere0fon ot Oebt;Fo�eclosure. Upon the occuneoce ol any Event ot Default,or sny dme the►eafter,BeneNclary mey,at!ta optlon. (
<br /> , dec►sro el/the/ndebtedness secured hereby lmmedlately due snd payeble and the seme shall bear Interest et Me delault rate,!/any, i
<br /> �� �• set foKh In the Note,o�orhenvise et the hlghest rate pe►miKed by law.end.lnespective o/whether BeneNciary exerclses said opBon,ft
<br /> , ' ,'• may,at!ts opBon and In!ta sole dfscntlon,without eny luKher rroUce or demand to or upon Tiusror,do onA or more ot the tollowing;
<br /> ,. . �8� �eun sn�nd do env ec�tsn�h��ery deems P/oAOr to pplOt6Ct th@ SeC�the ot.end e�er wleth�or�w/thou�sking d �
<br /> possess/on,in fts ow»name,sua lor vr otherwlse co//ect and receive rents,lssues ana prolna,lncmd�ng tnose past que sno unparo, �---
<br /> end spply the same,/ess costs end expenses of operatlon end col/ectlon,!ncluding reasonabJe attomey tees and 8eneliclery's ( "
<br /> � . costs,upon Me/ndebiednessr secured hereby and!n auch order as BeneNclery may detenrilne.Upon request o/BeneNclary,Tiustor I
<br /> , a h e l l a s s e m b l e a n d s h a l f m a k e e v a l l s b l e t o B e n e N c l a ry e n y o/t h e T i u st f�ro pe ri y whlch hes been removed. The enterin g u pon and
<br /> �� takJng passesslon o/the Tiust Prvperty,the collectlon of any rents,/swos snd proNGS,and the spplicatlon thoreoi as a�Oressld,shall I
<br /> :� ±, noi cwe or walve any delault the�erotore or thereefter xcuMng,or eflect any aotJce of defeult or notice ol sale hereunder or
<br /> ��� Invel/date any act done pu�suan�to ar�y auch noitce.Notwlthstending Bene�lclary's contlnaance Irt possesslon or recetpt end f .
<br /> � 'r,,:''' �. appllCadon of rents,lssues or proflts,Beaeflciary ehall be enNded fo ezerclse every rlgM provlded!orin thls Deed o!Trust or by law I
<br /> upon or e/ter the occumence o/an Event of Detautt,lncluding the rlght to exe�clse the powe�of saie.My o/the actlons refened to/n
<br /> ° . thls pa�agrnph may be taken by Benefklary at such dme es Beneflctery may determtne without�egard ro ine adequecy of eny
<br /> . secar►ty tor the Indebtedrtess secured hereby. • �
<br /> ��r (b) Bene�clary shell,wtthout►egsrd to the adequaay o1 any securfty tvr the Mdebtedneas secured hereby,be ent(tled b the
<br /> • appolnbnent oie recelver by eny court heviag/udsdicdon,without notice,to take posseaslon o%protect,and manage the Tiusf
<br /> • _ Property and operete dre same end col►ec[the nonta,lssues and profifs therefiom.
<br /> . (c) Ber!eHalary may bdng any ecUon(n eny coart o/competent/urfsdlct/a►ro toreclose thls Oeed o/Trust or enforce any o�the
<br /> ., covenants hereol.
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