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<br /> � AODITIOIdAL YEFtM� . .. V-
<br /> 088YOR WABRANTB ANQ COVBNAN7'8: (t) That excopt tor the eecurity IntereaE granted hereby Debtor ie,o�to
<br /> the oxtont that Collatoral fa acqu{red atter the dato hereot, will 6e, the owner of the Collateral iree irom uny advarse �
<br /> ; Ilan,securlty�ntarost or oncumbrance:end that Oabtor v,rUl defend!he Collaterai ugalnat ail clalma and demends ot ail pereons .-
<br /> et any time clatminfl the eeme or any Intereat therafn. (2) That na Finenoing 3tatement other than other Financi�g State-
<br /> j ment prevlou9ly glven�to Securod Party covering the Collateral or ony proceeds the�eaf is on flle fn any publla oftico
<br /> a�d that at the requsst ot Spcurod Porty, Debtor v�ill oxecuto and d�livor to SecurAc#Pahy qne or mare Flnancinfl Stste- „
<br /> ments or other Cocumeate p�usuant to the Nebraska Unitorm Commerclai Code which are deemed by the 38cured Peny _
<br /> to be�eceasary ar dosirable to the attaahment, peKection or continu�tipn of the seaurity interest granted �ereu�der,all
<br /> i�torm satlatactory to SaCUred Party.and wltl pay the coAt of ffllnp such Ftnancf�g Stetement,thia Sscurity Ag�eement,
<br /> `� any continuation o�termination statement end other documento in all public ofticea wfierever titing is deemed by Secured ,
<br /> Party to be necessary or desirabte; ond it the Coliaterel is attached to�eal estete prio�to the perfection of the eecurity ,
<br /> interest granted he►eby or if the Collaterai irtcludes crops or olt,gas or minerats to be e�tracted or timber to be Cut,
<br /> I�ebtor wili,on demand of Seaured Party,turNsh Secured Party with a dlscleimer or disciaimera ca�aubordinetlon agree-
<br /> ment signed by all persons having an Intereat In the real estate,diecialmin�or subordlnating a�y interest In the Collateral
<br /> � which Is prlor to the interest of 9ecured Party.(3)Not to se�l, transfer or diapose of the Collateral,nor teke tha same or
<br /> attempt to take the same f►om the county where kept as stated, without the prio►written consent of the Secured Party.
<br /> (4)Ta pay all texes and easessments oi every nature which may be tevied or assessad againat the Coflaterel.(SS Not to permit
<br /> or aliow any adverse lion,a�ecurity interest or encumbranco whatsoaver upon the Collatoral,and not to permit the same
<br /> to be attached or�optevined.(6)That the Collateral Is in good eonditlon and that Debtor wiil at his or her own expense,
<br /> keep thA aame In good condition aad irom time to tlme,foRhwith,reptace and repair all such pa�ts of the Collateral as �
<br /> " may be b►oken,wo�o out or damaged withouf ailowi�g any lien!o be created upon the Collate�s►on account of such . "
<br />� �e lacement or repaira, and that the Secured Party may examine and Inspect the Coiieteral at any time, wherever Iocated.
<br /> (7�Tf�at Oebtor will et his or t�er awn exponso hQOp t h e co i la t�ra l insur e d in a c o m p a n y e a t i a t a c t o ry t o S e c u r e d P a rt y _.... .. TM� -
<br /> , � against tosa,as approprlate,by thett.collision,fire and oxtended covcrage,wlth loas payabie to Secured Party sa Its{n- '
<br /> • t�rs&! rr+ay�sppear. anc�wfll oo demand deitvar sald poilcies af inaurance or fumish proof ot such Insurance to Seaured
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<br /> PaR . (8) At its option Socured Party rt►ay procure such ineurance, discAarge taxes, Ilene or sec�rity interesfs or other � : --�
<br /> encumbrances et any time tevied or p�aced on the Coliateral and may pay for tho repafr ot any damage or inJury to or • :�' •
<br /> �• for the preservatlon artd maintonance of tho Collateral. Debtor agreea to�eimburse Secured Pa�ty on demend for any .
<br /> paymsr.t or expense fncurred by Secured Party pursuant to the toregoing authorizatton. UntEl auch reimbureement, the , : .�
<br /> � amount of'enj+such payment> with Interest gt the rate of 16°,b per annum f�om date oi payme�ad untit refmbursement, � ����,
<br /> , ' a h a l i b e a d d e d t o t h e i n�e b t 8 d n e s s o w c�d b y Debtor �nd ehatl be.secured�y.this A g�edment,t9)That Debtor wfU �ot � , �' ' ;�i;
<br /> � � use the Ccil�ter$I iq vio atl'pn of aqy appitcabte statute, �egWation or.ord lnance aqd it any oi the Collateral is motor � �,,.�r_-
<br /> � ve h ia les,t he same w i l i rio t be r e n t e d n o r u s e d i n r e n t a l s e rv i c e�n o t l n a n y s p e e d or e�dur a�ct�a0ntea t. ' ��` �•�"V
<br /> " 4JDE71L OEFAULT Oebto�may have pnssession of the Goltateral end use ft fn ar+y IAwtui manner not Inconsistent with ,;.i'.;;�-r, �,,,.,,,���i
<br /> thie Agreement and not inconslatent with any poticy of insu�anco thereon, and upon default&ecured Patt�Shali have 2�'�;�' yre' ;��y1�
<br /> . the Immediete�Ight to the posseseion of the Collateral. . � �,i'I,
<br />� --.. - . _.--- � '�;U���A�.$�. ��,��i�t�JL.T URS4S� Z�1I$ A�{AQ(�N{}t�� ni►.4he..haP{�enin�g ef any of�44ae foliawinp events o� .. .__�1�,. .
<br /> cortditlons:(1) EBfautt in the payment or performance of any a�ifgetlon,covennnt nr Ifabilfty contalned ar referred to
<br /> ' l�erein or In any note evidenci�g the sam9; (2�any warra�ty, representetlon or Itnancfel atatemer�t made qr turrtished to ' � .+ +
<br /> Secured Party by or on behalf ot Debtor fs diecqve�od to hgve been faise In any materfal reapect when mado ar fur- �� �
<br /> nished; (3)any event which reauits or could �esuit fn tho aaceleretion of the matutity of the indebtedness ot.Debt�r to � � � � �
<br /> others under r�ny indenture,_agreement or undeR�kir�g;(4)1oss, theit,damege,destruCtlon sate qr encumbrence to or oi "'�.���`�. � ' j ;
<br /> any ot the CAltateral, or the makinp of any tevy,seizure or attachment, thereo!or tbereon;(5►desth,dlssolution term- 'r; �
<br /> inetfon of ex(stence,i�eolvency,business failuro,eppolntment of a receiver oi any p9r1 oi tho Collaterei,assignment tor , �
<br /> � the boneflt of creditors by Qebtor, or the commencement of any proceedings under eny bankruptcy or Inscivency laws
<br /> ; by or agalnst Debto►or eny guarantor or surety tn�Debtor. � •. �
<br /> '� '� ' IJPAN SUCH DEPAUI.T and at any time thereattor,or�t it deems itseif Insecure,Secured Party may declare eli Obli- �:;-
<br /> rr;:•.: •
<br /> � • getions secured hereby,immediotely due And peyable end shall have the�emedies o4� Secured Party u�der the Nebraska
<br /> � ' Unitorm 'R:ommerctai Code.Secured Farty rr�ey roquire Debtor to assemble the Collateral and Oeliver or meke it avait-
<br /> ' able to Secured Party at a place to be designated by Secured Party xvhich fe ruas�nably aonventent to both parties.
<br /> Unless the Collateral le perlshable o�threatens to decline apeedlly in ve�fua or is of a type cuffiomarlty eoid on a rscog- ��,--
<br />° � ,, . ' nfzed matket, Soaured Party wlli glve Dabtor reaeonable notice of 1he�time end plac�of any Rubtic oele thereot or of , �
<br />"� ' �'�' the tlme after whlah any prlvate 9aie or other Intended dlspqsltion thereot Is to be made.Yhe r�quirementp of roason-
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<br /> � �' `-``s � abtb+nbtice shall be met H such notice is mailed,postage..p•�opa�d, to the addrAas.Ct Debtor shown at the b�eglnning of . -
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<br />_ •Rj.':1°.,�,:,� � Nisat�reementatteaatthreebusinessdaysbetorethetim�r�otthesaieordisposition.� , �'�'Pr`.
<br /> '° •�:',� Ntr walver by SeGUred Party of any default shali operate as a waiver of any other detault or oi the aame default on e . ��.
<br /> . ,� • } .' tutuf@ occa6lon.Td�a taking of this Securfty.Agreement shall not waive or lmpalr 8ny other seauriry oald Secured Party � =—_-_
<br /> ;, � -. . may Aave or her8��ter acqutre Tor the payrr�ment oi the above indebtedneas, nor ahall the taking ot any such�ddiNonal , -=��•
<br /> „ security w�IvA or Impair this 9ecu�ity Agregment;but eafd Secured Party may resoR to any security tt may heve t�!he , �-
<br /> � order it rnay deeln proper, ahd Aotwithstanding any colteteral socurlty, Seaure�':Party sAail retatn its right8 of enY-off ° E� �'��
<br /> ' agalnst Oebtor. �� `.•�_.:�_
<br /> Ail righta o?Secured Party hereueder shall i�ure to the beneflt ot{ts successors and easigns;and atl promises and ` �-,
<br /> "� dulin�uf Debipt s;�at!bind hl�on c�r hetrs, pereonal,rep�es?ntANves.oY Ms, her or IfR euccesRnna or naslgna.14 there be _ . , s.. ,.��
<br /> • � moro than.onQ DQbtor,thet�Ifabi�ities hereuqder ahalt be Jolnt and sevefak , � . -
<br /> - „ �� � jhle Agreement ehall become eftective when tt'ts si��ed by'Oetitor.A r.erbon, Qhotogrophic o�other reprotfuation pt��,-� ' „ , . ,,.,,,
<br /> , tAes)�ned Security Agrcement or Financtn�Statement may�be usbd as u Financfng Statement.
<br /> .. , ` � • • . ., �•AD�lHI�iDUM •. • •' ' .• , • . .
<br /> The unOMStgned,hdrei�atter"OwneNDeDtor",ovyns or has an interest U the coilateral dRECribed on the raVer�@ eide . .
<br /> ' 'j of this Agreement, but Is not a pa►ty to tho obUgatlon secured by this Agrooment. By e,xocutfpp this Agreement,
<br /> , � Owner/Debto� undertAkes no obltgatton tpr repayment of such obligatfon, but w8tves all right,�Ectle and interest tn and �'�
<br />_ to eald coi�ateral to provide security for pertormance of the obllgation. A�I provisions oi this Agreament app(y to , ;���"
<br />= i Owner/Debtor and th�term"Oebivr"ae used ia thts Agreament and eny accompti�ying Fina�cing Statement refers col- ,.
<br /> .. _ , lectively ta Oebto�.Ow�er/babtor or both es the context may requlre. ,
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<br />= Date (^l Owr1i� �ebtor ,
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