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<br />12, Notice, Trustor hereby requests that a copy of any notice of default.
<br />and a copy of my notice of sale be mailed to it at the address get forth herein-
<br />below. Except for any notice rewired under applicable law to be given in #,t r
<br />r, (a) any notice to Trustor provided for in this Trust Deed shall. be Riven by
<br />Mailing such notice by certified mail addressed to Trustor at 7474 "1" 4treat, 0mahs, ,
<br />Nebraska 64127 or at such other address as Trustor may designate by notice to Leader
<br />as provided herein, and (b) any notice to Lender shall be given by certified mail,
<br />return receipt requested, to Lender's address stated herein or to such other address
<br />as Leader may designate by notice to Trustor as provided herein. Any notice provided
<br />for in this Trust Deed shall be deed to have been given to Trustor or Leader when
<br />given in the manner designated herein.
<br />13. Govera A Law Severabili t. This Trust Deed shall be governed by the
<br />laws of the State of Nebraska. In the event that say provision or clause of this
<br />Trust Deed conflicts with applicable law, such conflict shall not affect other provi-
<br />sions of this Trust Deed which can be given effect without the conflicting provisions
<br />and to this end the provisions of this Trust Deed are declared to be severable.
<br />14. Events of Default. Each of the following occurrences shall constitute
<br />an event of default herhereundr _(herein called "Event of Default "):
<br />(a) Borrowers or Trustor shall fail to pay when due any Indebted -
<br />ness or Trustor shall fail to duly perform or observe any of
<br />the covenants or agreements contained in this Trust Deed, and
<br />such failure shall continue for ten calendar days;
<br />(b) Any warranty of title made by Trustor in this Trust Deed shall
<br />be untrue or be breached, and Trustor shall have failed to cure
<br />the same within fifteen (15) days of Lender's written notice
<br />thereof;
<br />(c)
<br />Any representation or warranty made by Borrowers or Trustor in
<br />any financial statements or reports submitted to Lender by or
<br />on behalf of Borrowers or Trustor shall prove false or materi-
<br />ally misleading, and Borrowers or Trustor shall have failed to
<br />cure the Sam within fifteen (15) days of Lender's written
<br />notice thereof;
<br />(d) Borrowers or Trustor shall fail to perform or observe any other
<br />obligation set forth in, or binding upon any of them under, any
<br />financing statement, security agreement, loan or credit agree -
<br />ment, letter of credit agreement, mortgage, or other agreement
<br />between any of them and Lender, or any default or event of
<br />default shall occur under any such agreements, and Borrowers or
<br />Trustor shall have failed to cure the same within fifteen (15)
<br />days of Lender's written notice thereof;
<br />(e) Filing, as to Borrowers or Trustor, of a petition, voluntarily
<br />or involuntarily, for relief under the Bankruptcy Code, it
<br />U.S.C. Sections 101 through 151326, or under any other federal
<br />or state law relating to or providing for the composition,
<br />discharge or adjustment of rights or debts; or the appointment,
<br />or the application for appointment, of a custodian, receiver or
<br />trustee for Borrowers or Trustor or for any property of
<br />Borrowers or Trustor; or an assignment by Borrowers or Trustor
<br />for the benefit of creditors; or any adjudication by any state
<br />or federal court of competent ,jurisdiction that Borrowers or
<br />Trustor are insolvent; or borrowers or Trustor shall generally
<br />not be paying its debts as such debts become due
<br />(f) Trustor shall sell, transfer, convey, in trust or otherwise, or
<br />mortgage (or shall agree to sell, transfer or mortgage), vol-
<br />untarily or involuntarily, all or any part of the Property, or
<br />any interest. therein.
<br />For purposes of this Paragraph 14, "Borrowers" means the Borrowers
<br />identified at the beginning of this Trust Deed or say one of Borrowers,
<br />15. Acceleration of Debt.; Foreclosure. At any time and for any reason, as
<br />to such of ter ind @b4edns as is payable on demand and, as t.o such of the
<br />Indebtedness as in not payable on demand, upon the occurrence of any Event of
<br />Default, or at any time tbereafter until. Such Event of Default is cured to the writ-
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