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ADDI'T'IONAL PROVISIONS 200213282
<br />DEBTOR WARRANTS AND COVENANTS: (1) That except for the xeeunty interest granted hereby Debtor is, or to the ex�
<br />tent that Collateral isacquired after the data hereof, will be, thqq owner yrdic Collateral free from any adverse I ien, security :atereatoar
<br />encumbrance; and that Debtor will defend the Collateral a.. at if riti ms and demands of all persons at any time claiming the same
<br />or any interest therein. (2) That no financing statement covering the Collateral or any proceeds thereof is on file in any public
<br />office and that at the request of Secured Party, Debtor will join with Secured Party in executingone or more financingstationce s
<br />pursuant to the Nebraska Uniform Commercial Code in form satisfactory to Secured Party and will pay the cost of filing such
<br />financing statement, this security agreement end any continuation or termination statement, in all public offices wherever filing is
<br />deemed by Secured Party to be necessary or desirable; and if the Collateral is attached to real estate prior to the perfection of the
<br />security interest granted hereby or if the Collateral includes crops or nil, gas or minerals to be extracted or timber to be cut, Debtor
<br />will, on demand of Secured Party, furnish Secured Party with a disclaimer or disclaimers or subordination agreement signed by all
<br />persons having an interest in the real estate, disclaiming or subordinating tiny interest in the Collateral which is prior to the interest
<br />of Secured Party. (3) Not to sell, transfer or dispose of the Collateral, nor take the same or attempt to take the same from the county
<br />where kept as above stated, without the prior written consent of the Secured Party. If ) To pay an taxes and as.sesserenL of every
<br />nature which may be levied or assessed against the Collateral. (5) Not to permit m allow any adverse lien, security interest or en-
<br />cumbrance whatsoever upon the Collateral, and not to permit the same to be attached or replevined. (B) That the Collateral is in
<br />good condition, and that he will at his own expense, keep the same in good condition and from time to time forthwith, replace and
<br />repair all such parts of the Collateral as may be broken, worn caul or damaged without allowing any lien to be created upon the
<br />Collateral on account of such replacement or repairs, and that the Secured Party may examine and inspect the Collateral at any time,
<br />wherever located. (7) That he will at his own expense keep the Collateral insured in a company satsfactory to Secured Party against
<br />loss, as appropriate, by theft, collision, fire unit extended coveraµe, with loss payable to Secured Party ax its interest may appear,
<br />and will on demand deliver said policies of insurance or furnish proof of such insurance to Secured Party. (S) At its option Secured
<br />Party may procure such insurance, discharge taxes, liens or security mlarsts of other em a nbrances at any time levied or placed on
<br />the Collateral and may pay for the repair of any t;unege or injury to or fur the prpsof vatioo and maintenance of the Collateral -
<br />Debtor agrees to reimburse Secured Party on demand I'or any payment nr p -pease insured by Secured Party pursomnt to the fore
<br />going authorizes Won. Until such reimbursement, the an at of any such payment, With interest not tie ride of Harper annum from
<br />data of payment until reimbursement, shall be added to the Indabl. -ho s ...evil by Debt... and shall be ...cared by this agreement_
<br />(9) That he will not use the Collateral in violation of any npplirable stnlote, regulation tit ordiamee and if soy of the Collateral
<br />u motor vehicles the same will not be rented, used in rental service nor in any .emit of pndaraue amtest.
<br />UN'T'IL DEFAULT Debtor may have possession or the Collateral and it,, it in any lawful mamas not inconsistent with this
<br />agreement and not inconsistent with any policy or insurance thereon, and upon default Secured Party :'.hall have tine immediate
<br />right to the possession of the Collateral.
<br />DEBTOR SHALL BE IN DEFAULT under this agreement upon the h ;gemming of airy of the following events or conditions'
<br />(1) default in the payment or performance of ,nay obligation, covenant of liability contained or referred to herein or in any note
<br />evidencing the same; (2) any warranty, representaliun ..f threat in statement made or furnished to Seemed Pal, by or on behalf of
<br />Debtor is discovered to have been false In any material respect when made or fatoolned; (:i) any event which results in the acceler-
<br />ation of the maturity of the indebtedness or Debtor to others ander any indadu.p, agreement or nnlertaking; (1) loss, theft,
<br />damage, destruction sale or encumbrance to or or any of the (,oUnteod, or Ibe making of any levy, seizure or attachment thereof or
<br />there..; (5) death, dissolution, termination or existent., insolvency, business failure, lmpdntment of n receiver of any part of the
<br />property of, assignment for the benefit of creditors by, or the cummaeamcut of any eon ceding under any bankruptcy or insolvency
<br />laws by or against Debtor or any guarantor (it surety for Debtor.
<br />UPON SUCH DEFAULT and nt any time thermdter, or if it deems itself Inseeu re, Speared Party may feel... all Obligations
<br />secured hereby immediatelydue and payableand shall have the rmnpdies (ifs secured Imply under the Nebraska Uniform Curonsereial
<br />Code. Secured Party may require Debtor in assemble the Collsteml and deliver ,, make it available to Seeured Pauly at a place to be
<br />designated by Secured Party which is reasonably convenient to both parties. Cities., Clip Conalerat is perishable or threatens to decline
<br />speedily in value or is of a type customarily sold oa a rccogniz,d market, Secured Party will give Debtor reasonable notice of the
<br />time and place of any public sale thereof or of the time after which any private sale or any other intended disposition thereof is to
<br />be made. The requirements of reasonable notice shall be met if such notice is mailed, postage prepaid, to the address of Debtor shown
<br />at the beginning of this agreement at least five days before the time of the sale car disposition.
<br />No waiver by Secured Party of any defeat shall operate as a waiver or any other derault or of the same default on a future
<br />occasion. The taking of this security agreement shall not waive or impair any other security said Secured Party may have or here-
<br />after acquire for the payment of the above indebtedness, nor shall We taking of any such additional security waive or impair this
<br />security agreement; but said Secured Party may resort to any w.fity it may have in lire order it many deem proper, and notwith
<br />standing say collateral security, Secured Party shall retain its rights of set -off against Debtor.
<br />All rights of Secured Party hereunder shall inure to the benefit of its successors and assigns; and all promises and
<br />duties of Debtor shall bind his heirs, personal representatives or his or its successors or assigns. If there be more than one
<br />Debtor, their liabilities hereunder shall be joint and several.
<br />This agreement shall become effective when it is signed by Debtor.
<br />ADDENDUM
<br />The undersigned, hereinafter "Owner /Debtor ", owns are has an interest in the collateral described on the reverse side of
<br />this agreement, but is not a party to the obligation secured by this agreement. By executing this agreement, Owner /Debtor
<br />undertakes no obligation for repayment of such obligation except to the extent of providing said collateral as security for
<br />performance of the obligation. All provisions of this agreement apply to Owner /Debtor and the term 'Debtor" as used in
<br />this agreement and any accompanying financing statement refers collectively to the Debtor. Owner /Debtor or both as the
<br />context may require.
<br />- Owner /Debtor
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