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<br /> �• (oJ Accopf a permll ary prcpayrrtartt,dlr,count o�ndvartco pnymenf ol ronf horoundCr!n ezcoss ol ono month, o�,�
<br /> -� (b)Cancel or termtnate tho onma or accopt any cancolrntlon,tQrminallon a su�rcndo�Ihcro�l,or(xtrmlt ary ovent to occur whlch wnuld ocCUt
<br /> fh,�roundc►to torminero or cnncal tho snm0.olhor fhen tam/nafton fa nonperyment of ront,
<br />_ � (c) Amend or modlfy Iho samo ao n�to roduao tho form.theraol,fhe rontal pay�Ofu Iharoundor,a to chnn�a nny ronowol pralsluns thora!n —
<br />� ° contalned. _--
<br /> . (d) V;hlvo ery dolaulf Ihoroundar or hroach thonNOl, � _
<br /> (oJ Qlve eny conaenf,walver o�eppraval thareundor a take erty othor actlon!n connecllon therowlth,or w/th a/ossot�thsroandB6 whfch woulo hax!
<br /> tho e�tect of Impaltlng tho vefuu o/thn fossors Intemsf thereunder a the propa�fy sub/ect lhereta or ol lmpe/�/ng the posllkn a/lnteresf d
<br /> BenopCiary thero/n,o► -
<br /> (n Soll,asslgn,pfedge,mortgapo or otherwlse dlspose ol,or encumbor lla lntorost N eny sold foaso a nny ronts,Issuov,p�o(Its ISSU1n�or aNSlnp _
<br /> ° theroundo►. =
<br /> ' 17. Walva�01 Sfntute ot Umltatlons.ilmo!s of tho ossortco!n cr/l ot Tiusta's obllpatlona errd duNaa hsroundor,And to thu oxtont pormltiod by►ew,Tiustor
<br /> walves all pmsont or futuro statutes ol Iimltstlona wlth respett to arry dobt,dnmend or obllgntlon sacurod horoby end any ecflon o�proceeding for `—
<br /> '_ tho purpose ol anforcfnA thls Daod ol Tiust or e►+y rlghts or iomcrdles contalrtod heroin. __ __
<br /> � 1(�. Aaslgrtmant ol Qoposits.In the aront constructfon ol lmprovomenta Is contompfated by�ho foan ovldenced by tlie Nota secured heroby,es addlUonal __ _
<br /> � secudry therofore, Trus�o�hnroby franaleis and asslpns[n Bene�/clary,all rlght,tltle snd lnrorsst to any And all monlos deposlted by or on behaH of =__
<br /> busta w/th arty clty, counry,publlc body or agoncyt senitery dlstdcf,utlqty company,ond arry other body w ngency,for tho Postallatlon or M securo �,__
<br /> " the Installatlon ol aM uUliry by Trustoi portalning to tho lYust Propsrty. �-_�
<br /> la Co►porr�t/on or Partnerahlp Exlstenco.ll Tlustorls a corporallon,general partnnrshlµa Ilmlted partnnrsh/p�It wlll do AU thlrrgs necessary to pro5erve(!s =_
<br /> corpor�te or pannorsh p oxlstonca�ns the case may ba and all�!(/hts snd pdvilel�os under tho faws o!the atata o!Rs lncorporatlon o�orgeniza8on. _ �
<br /> 2Q Forb�urnnco by BeneGclary Not e Wa�vnc Any forAoarence byr Benet/clary!n oxe�lsing arry rlght or romody hemundor,or othenvlse eHadod by _
<br />_ � appHcuble law,shall not be a walve�ol or procludo the exerclse of arry sucn rlght o�rsmedy Tho procuremant of insu►anco or tde payment of toxos --
<br /> � or the dk�hargo o/Ilans or chargos by Bonepclary shefl not bo a waiver ol Bene�lclery's�ipht to accelerete the maturiry of[he Indeb�edness.
<br /> � 21. Rnmodles CumuletNa All remodles provided!n thls Oeed of 11ust are dlstlnct and cumulative to any other rlght or remody under this Deed o}Trust -
<br /> or aBorded 6y!aw or equiry,and may be exer�clsed concunonUy,indnportdentty or succosslvoy. �"!
<br /> 22. Successora and Asslgns Bound;Jo/nt and Sew�el Uablllly;Captlons.Tho covenants end agroements here/n contelned sh911 bind,end lhe rlghts
<br /> � hereurtda�shsll Inure to,the respoctive succossora and nsslgns ol8eneficlnry, Trustos,end Trustoc All covenants nnd egroaments ot Tiusror shnll ._
<br />' , be/o/nt and sevorel. fie captlons and heedings of the pa►egrephs ol this Deed of Trust are/or comreNence only and aro nof to be used to lnte�prot - -
<br /> , or de/ine the prov/slons hereol.
<br /> `' 23. Notice.Except lor erry notice requfred undei sppllcable law fo be glven!n another mannor,(a)arry noNce to Tiusto►pmWded fa In thl9 Deod o/1Yust —
<br /> shall tre g/ven by mallmg such noUce by cenlfled mail,mturn recelpt requested addre�sed to Trustor at!t2 ma111ng address sot lorth sbove or at such
<br /> othe�address es 1Yustor may deslgnato by notice to Bene/iclery as provlded heroln,snd(b)eny notice to Beneflclary or irustse shdll be given by
<br /> cortl/!ed mall,return receipt requested,to Beneficlarys and Tiustse's matiing sddress steted heraln or to such other addre�s as Beneficlary or
<br /> Tiustee may deslgnate by noHce to liustor as provlded horeln.Any noBce provlded lor In th/s Deed ol Tiust shall be deemed ro have been gfven to - -
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<br /> ' • 7iustoi Bene/lclary aTiustee wnon given m me mannor desipnaieo narom.
<br /> 24. Qoveming Lew;Sevorsbpiry.Thls Deed ol 1Yust shsl!be gov3med by the faws ol the Steto of Nebroske.In the e�ent arry provlslon o�Clause of thls �-
<br /> � Daed of Tiust conl/lats with appliceble law,such confuct shall not aflect other provlsbns of thls Deed o/Tiust vihlch can be given eftect w(thouf the
<br /> contllcting pmvlslons enU to thls end the provlslons o!thls Dsed ol Tiust are declsrad ro be severeb/e.
<br /> 2fx Evants ol DefeulG Each of the following occurrences shal/constlturo en event ol default hereunder,(herelnaRer called an"Evont o1 DaIBUIY):
<br /> (a) Tiustor ahell fall to pay when due any princlpel,lnferest,or princ/pal end(nterest on the/ndebtedness,
<br />, �- ' (b) Any wannnty of title made by Tiusto�hereln shal!be untme, _-�
<br /> �� (c) 7iusror shall tall to observo Or pedorm arty o1 the covenents,agraements,or conditlon9!n thls Deed of Tiust, -
<br /> (d) Any representatlon or warrenry made by Tiustor on any financlal statements or reports su6mltted to Beneflc/ary by or on behalJ of Truator shnll �'=-_
<br /> prove falso or mel9rlally misleading, T�
<br /> (e) 7Yustor shall Iail to peAorm or observe any of the covenants,conditlons or egreements contalned in,or bind/ng upon Truata under arry building
<br /> loan egreement,secudry agmement,loan agreement,►inancing stetsmont, or ary othe�agreoment,lnstrument o�document executed by Tiustor ��Y
<br /> !n connecHon wllh the loan evldenced by the Note, " ��
<br /> (tJ A trustee,recehrer or Ilqu/daro�of the Tiust Properly or o1 Trusror shall be appolnfed,or arry o1 the credirors of Tiusror shall fife e peBUon!n .�
<br /> bankruptcy agalnst Tiusror,o�lor the reorganlzation of Trustor pursuant ro the Federal BBnkruptcy Codet or ary simllar law,wheU�ar federel oi steto, �.b,
<br /> � snd d�suCh oMer or petiUon ahAll not be dlschar yed or dismissed withln thlrty(30)days after the date on whlch such orcler or petltlon was lifod, _
<br /> � (g) liustor ahall ple n potltbn pursuant to the Federal Bankmptcy Code or any slmllar law,federe!or state,or(f Trusto�shall bo ad/udged e � �,
<br /> � bankrupt o�be decfared Jnsolvent,or shalf make an asslgnment/or the benefit of credlrors,or shall admlt ln writlnp Its Ina6111ty to pay its debts "�
<br /> ,::•
<br /> as tl�sy become Oue,or sha11 consent to the appolntment of a recelver ol ell or arry part of the Tiust Property.
<br /> � (hJ Flnal/udQmeni Ia the payment ol money ahall ba rertdared ngalnst 7rustor and rrustoi sholl no:dlscharge the some,or cause!t fo be
<br /> � • dlschergod,wlfhln thlrry(30)days elte�the entry fhereof,or shall not appeal therolrom or from the orde;decroe or procoss upon whlch or
<br /> pursuant to whlch sald(udgment was grantad,bnsed, a entered,and secure a stay of exocutlon pending sucli appoal,
<br /> � (I) Tiusror shall sol!or convey the Tiust Property,or dny part thereol,or arry interesf therein, or shall be divostatl of!ts tltle, or arty Intorost thereln,In
<br /> , ony manne�or wey, whether volunta�ily orinvolunfn�lly, without tho wntten consent ol Benefrclary being tlrst hnd end obta/ned,or
<br /> Q) !f bustor Is a co�poratlon a partnershlp end more than lifty pe�ont(50�io)of tho shares or beneliclal lnterests in such corporaGon or •�
<br /> � ' partnershlp,as the caso may be,shall be trans/erred o�conveyed,whether voluntadly or lmoluntar(ty,wlthout the wriKen consent of Benellclary
<br /> . being ilrst hed and obtelned.
<br /> 26. Acce/eretlon of Debt;Forecfo�uro. Upon fhe occurrence o�ary Event ol Delault.or any rlrne thereaftor.Heneflclary may,at!ts option,declsre efl the �
<br /> � � /ndobtednoss seCUred hemby Immndlataly duo and payable end the same shall beer/nterest et the delault rate,il any,sot lorth In the Note,or
<br /> oMenvlse at tho h/ghost rare permlttOd by law,end, irrespective ul whether BeneJklary exer+clses saJd optlon,it may,et its optlon and!n!ts solo
<br /> • discrotion,wlthout ary IuRhe�notice or demand to or upon Tiusror,do one or moro o!the lollowing: �
<br /> ` (a) Beneliclary may anter upon,take possosslon ol,martage and opnrete the 7Yust PropeRy or any part thereot;make repairs and elteratlons and do
<br /> any scts whlch Reneflclary deems prope�ro protect the security thvreol,and eithe�with or wlthout taking possesslon, !n rts own name,sue lor
<br /> ' or othonvko colloct and r�celve rents,Issuos and proJlts,fncluding thoso past duo and unpald,and appty the same,less costs und expenses of '
<br /> opereNOn and collecfion, lnCluding reasonable attomey fees and Beneliclaiy's costs,upon tho Indebtednes�securod hereby and in such orcler `.
<br /> , as BonoAclory mey derormino. Upon mquest of Benoficiary. 7rusror shal!assamb/a end shnll mnka avnliable to Beneflclary arry ot tho iFUSt �
<br /> Prope►ry wh/ch hes boen romoved. The ontoring upon and[aking possBSSlon o�the Trust Property.the collection ol any mnts, Issues and prolits. �
<br /> and tho applicatlon thereot as aforesald,shall nof curo or wulvo ary dolault tharotoforo or thoroaRor occurring,or affect any no�(ce o/delault or I
<br /> notlCO of sttlo Aorom�dor or im�elldate eny act done pursuant to any such nohco.Notwithstanding Benofic�ery's contrnuance m possession or
<br /> � rocelpt and epplicatlon o/rents,lssues or prolds,Benel�ciary shall be entiUOd to eso�cise every n,qht provided for m th�s Doed ol irusf or by law
<br /> �
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<br /> paragreph may be taken by BeneNciary at such 6mo as Bone6cldry mny doterm�ne wdhout rogard ro the adoqut+cy of r�ny secunty for the �
<br /> Indebtedness secumd hQroby. '
<br /> (b) BonobG�ry shall,without rttgurd to tho udequocy of arry snCUnry for tho lndabtedness seCUrod heroby,be ontdled fo fho appomtment ot a
<br /> , rocoivor by arry court hnvrng�urlsdicNon,wrthout notico.to take possoss�on o/,protect,and manage the Trust Propv�ty antl oparnto tho samo
<br /> �nd colleCt tha�ents,Issuos end profits thorolrom.
<br /> . (c) Benehclary mey bring any act/on in urry wurt ot compatont�unsdret(on ro faecloso th�s Dead of Trust or nnfo�ce c�rry of Iho covonunts horoof
<br /> '' (dJ Benofrc(ary may o!trcf ro Cttuso tho Rust Proporty or arry purt fhr,roof to be soltl undor tho pamr of sn1e.and�n such wenr.Benvfiaary or Tiustoo
<br /> shAll ghro such nohco ol dof3u/t and notrco ol sufo ns may bo thon roqunod by Imv. Ihervafror,upon tho expirahon ot such rimo cnd the g�vmg ol
<br /> such noticv 01 Sab as mtty thon bct roqulrtrd by Imv, T'iustoo, at Ihp hmo ond plaCO s�cif�ed by tho notr�p pl su1p,sAUll soll such irust Proporty.a
<br /> i Qrry part thcmof specdfod by BonolrC�ary.Ut pub�iC auchon fo Bio highesf b�ddor for tuSh rn Imvlul montty ol tho Unrtad Staf�s o/Amencv Upon
<br /> � " mcaipt ol pt+ymont ol Mo pnco bld. Trusroo shnll appfy tho pmcoads rn tnQ fonavmg ordor p)ro tho cost and exponses of oxerasmg tho pawvr ol
<br /> � snlo and ol tha seb.inCludmp but not 1lmirod tq tmsroo's fat�s or not moro than SSOJ 00 plus ono��n/f of one porcent of fhe gross sa�o pnCO.and
<br /> roaso�ab�o otromoy feea (rq to tho fndebtodnoss.end(rn)thU oxcoss,J arry, ro tho p2rson o�pe+rsons rognity onhrrea rhvrero.
<br /> All cosfs nnd oxpansos mcu�red by BonoGClary m onlorcmg any nght undo�tnis Daotl o� Trusr.�ncrudrng vrrthout nmrtahon.obstroct or htlo leos.
<br /> -- -- - '" ' pppr�ti3al IooS promiums for hflo rnsuranco nttomoy fops mrd oourt Costs,sha�l bo ond conshtuto Indebtodnoss socurod homby
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