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<br /> - - `,� _ � .�:°`..`����.�: P�in� �o,,�og coa,cursei�tty �ai.th, th.e execu��ou . , .
<br /> • � �:'�� r�f tliis Agreeft��;� Bor�owe� has �xec�ated and dslivered to Leuder ,
<br /> . .,..� prcper E�ina�i��ang Stat�ment and S�curfty Agreement and Dee� o� � •
<br /> Truet iri� ree�eat to the� rea� eetate Zocated in �Iall C�anty, .
<br /> �tebraska, legally �c'tescribeci.ae s . . � . . ' . . .
<br /> . • �ot+s ane t�). `�'wa t23�. �'�hree =t33 , Four� t�f and Five ' • •
<br /> � � {53. Stelk Tooman g�a�a SttbBivioion, Hr�1g Co�aty. , . ; �
<br /> � Ilebraska� ' � . ' °< � .
<br /> � and a prpper �fnancing� �tatement and Security Agreeme�t in �
<br /> , � , reape�ct to �he bueine�e gsaete owned by Borro�er aa e�curi�p fbr ,
<br /> a7.1 is�debt�d�aese naw owing. or here�fter acivanced b� Lendex in.
<br /> � resgect ta Soxroc��r;: . . . .
<br /> . . g, er'osA�Co3latarali.2.� {on. IIpoa the ha�npening of �anY �
<br /> . default. in respecC ta �one a� more of t8� loan� made by Lender to
<br /> �o�rower alaove�, Horrowes and �to-Obligore.agree �,tha� Lender= shall �
<br /> .. �have the righC ta deea� eucb a defa�slt from t�e r3ate of. thfe �
<br /> . �1gr��a�ent fo�rard a$.� de�ault� f.a res�ect to I�oth Zeaas 'fat�ntf.= �
<br /> ' f.f.ed abcwe, if �hen �.�¢3.sting, ia reapect to B�rrawer,;.:;�rantiag . .., �
<br /> ` � fu�h�x�uwta��nder, at it� optioa; ,upon ang such de��.u2t, the : �
<br /> . , xight ta d�e�:fl��;al�. indebtedneae owing fra�;��os�ces� to Lender ' ..
<br /> . � . xmme�iaCel� c���`a=zd.:���rab2e and to exe�cise a�� rigT��� a�ilable � � .
<br /> � • tio _Lender upoa� th�;�31�p�eairig of a.d�fault. . . �.
<br /> � � � � a. , �4IIge�,t.; �::=�ader ahall have the £u�.7. rigltt, �in its sr►Ze
<br /> � � '��:;>. dis�retion and wit2��fu� ax►y �iot�ce to or conseat.:fza� 8orrdwer or . ,
<br /> � � �o-Ob�igors, �f�om �i:t�:;��c tiime and at aay time: and v��.�f�zout � � � .
<br /> � affer���.ng, .fmpair�.n:�.,.a�t.�dfschargi,ng. ,-�_°�rhale �or �in , �he '
<br /> � . � . . liabi�ity o£ Bc�rrc��►,�-`.��and Co-Obligor�,hereunder: t ',?.��tc► make any •
<br /> ,� chauge, amenc�,�t .os inodifi�at3on wh�tscever of.an�r rerm or , . ,
<br /> • aonditit�n. o�;';�r��'tra�eaotion or slebt, inc7.u�?.,ra��s o�..i.nte�rest �.
<br /> with r�spset���`��sre:��a tb} Co extend, in who:G�.�,��,.'i^'-:�art. by . . - �
<br /> . . , rener�a2 ar ott�ez►R3a�h., and .on one� ar .asiy�number',ot�` c��asiong,. tb� . .
<br /> � �ime £cr. the..piay�tte�.�� of. any debt or the p�rfaxmanc.l�;:.��Z�.any .texzn � �
<br /> . or ��ondii�io�;:.ti� ariy Cransasttibni; :fc) to set��e, aoa�pro�miae,:.,, . , . � .
<br /> =elea.se, eu�r�.��der;�. aubordinate�3te� interaet in,� �nodif� ar ':,:::; • . .
<br /> � .. impa3.r; and'�d. en�oacce anc� exercise, or tail•or re��ee to en��orce � .
<br /> .. . or' e�eacci.se,_ a3nv..cT�ims. riqhts or re.:.-�dies�� of an.r;:�i�.i�d-.isr aara�rP. .,. �
<br /> � agaiiast Sarrcwex.�..�.�.:Co-Obligors, or `any �uara�nCaz•��u� Hor�ower's . .
<br /> .. � aad Co-Oblf.�*��' �.�te wr �x���s*C�� �. �•�, .cc?��•.d,.�...'� - - .�� —: _ ..__..
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<br /> � covenanta: . �. .� • . . ' . � . � . � .
<br /> a:,:`�. TYsi.s Crcise=COl2ateral9.xati�ion Ag�eement i.e a' . ��� �
<br /> ., �`'.�,agaY, val.id a�d �hinding ob21gc��a�cn of ]3orrower. . ' � :
<br /> :`':��,nEarcea�le �g+��na� Eexrower ia��:�ecordance witl�,��ta
<br /> . tierme. , � .
<br /> .� . � b. � There axe nn other ].3�na or encumbranceo . .
<br /> . � aga�ast the ae�ete� w$ich are to �co�ntinue as rAliat,era2 � , � .
<br /> � for the ind�ebtednese owf.ng ta ��+ender 'from Borrnwer.' �
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