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1 <br />F <br />85--- 004964 <br />[��y {{,, ,, ADDITIONAL PROVISIONS <br />�,y <br />`) Il ILiVf j*iAfPTS AND COVETNT5; (I1 That except for the security) interest granted hrreI., Dehtnr is, nr to the vxtrn( that this agrrcment urea <br />that thaa�C en 10 Inc acqu' eel after the date hereof, will Ix, the owner of the Colfateral fm from adverse hen, s «t rity interest , r u heat, and that <br />Debtor will defend the Cullatrralr [ahtst' all claims and demands of xll persons t ray time claiming the same ;ury in ler.sl therein. ( ?) Thateno financing statement <br />covering It Collateral nr any proceed, thereof ' file in . Y public. office and that at the request of Secured Party, Debtor will join with Secured Party it scenting <br />It Im a['niferm <br />60 <br />sing suten+<nes Pursuant to the 1a• n-ka Commercial Code in form sallefaemry to Secured Party anti will pay the cost of (fling such financing <br />otatement, sc ntYY [reemme and Y ennrinualion or termination - lxtemcnt, ' filing is deemed by h F•:tny I.c <br />all Public offices wh',c «u red to ssary n <br />desirable; and if the Collateral is atuehed to rnl estate prior lu the per(retinn of the security it retest gcanlel henby r if Uo Collateral includes - c ps or, qil, gas or <br />minerals to be extracted or timber ro br cut, Debtor will, an demand of Srcnnd Parry, furnish Secured Parry with a disclaimer or disclaimers or suhenlinanou e- <br />'u <br />mmt signed 1, all perasns ha, a i tercst the real esr le. disclaiming or snbo rdmatmg any inteeest ' n the Collateral which is prior 1. the inerest of 5ecnrcd 1'Krty. <br />(.i) Not to 11, tnnakr or dieyo,e of the Colkiteral, nor take the same or a:umpt to rake the yam. from the ceunry where kept as .love stated, without the prior writ-., <br />mnaent of the Secured Parry. (4) To pay II taxes <I asaHSmrnts f every nature which may },e levied or assessed aK,, n t, the Collateral. (5) Not to pr rt or allow <br />any adverse lien, security i tercst nr ncumbranca• whatwsrver upon the Collateral, noel + t 1n permu the same 1e he attached or •plevined. (61 That there Collateral is <br />+d <br />in good condition, and slut he will at his own exM+ e, keep the game in Rorxl m diKnn an irnm rime to time, forthwith. replace andareln ie all such parts of the�Collateral <br />as may )x broken, wo out or damagg I without allowin[ crap lien to hr crralyd upon the Collateral on armunt of such n•placnnent nr pair,, and that the Srmrrd <br />Party may examine col d ,,pees the Collalenl at anv timer wherever Inc., ed. (7) That he will at hi. own expense k «p the Ce :lateral insured in a company satisfactory <br />to Secured Party a¢a' t loss, as appropriat by id e4t, Ih,ion, fir. and rxtendal coy ge with loss payable to SeeureA I4tny as it. lot erest m- appear, and will on <br />demand deliver sairf policies n( irnnnnee nrrfnrnish Proof of such in uran a 10 Seca mri i arty. IR) Ar it, option Secured Party may procure sucfi in.unne., discharge <br />levied <br />taxes, liens or security interest. or other men hones at any time or (daceti ehr Collateral rid may pay for the repair of any damage or injury, to or for the <br />prtaervatinn and maintenance ofthe Collateral. Drbinr agrees le r mbursr ti.cnrrdt�i' arty on deman,l Per any payment or expense is urred t,y Sr[ured Party pursuant <br />to the fnregoine rbori:alion. I'n[il a h imhuracmrnt, the amon t , f , . sucl, ).a :men t. »ith interest a1 the rare ,1 9se per annum from the dare n( payment anti <br />( bursemenq shall le added to the indeM1tedness owed by Uelrtor and shall in secured 1•y 6ns agrrcment. 19) That he will not ux the Cullalcnl in r" lain of any <br />applicable statute, reguUtion nr ordinance and if any of the Collateral is motor rrhides the same u -ill rani b. ventral, us d in rentals • n n <br />ce or in any s-ed or end <br />eont<s4 (10) Debtor will pay Srenrcd 1'any anY and all costa anJ expenses inunrral in .mot tying Possession n( the Culla.trr;,l :m I locurred in rof-ci ng this security <br />a[rxmrnt rid the same ..hall be secured by this .sa'curily agrcemcnr. <br />UNT�Ia D£F'AI'I,T Lrb:or have i <br />may ppoo eon the Cullateml and use it i any lawhl m n,er ant incnncimelit will, this agreement -and net inconsistent with <br />any policy of insurance thereof, and upon dafnult Scented I'artY shalt have the immediate right a, rhetpossrssion of the Coll uerd. <br />UF,RTOR SH:V .I. R£ IN D£F. \U4T der this age «mein tpe,n for haPPrr drag of an t,i lhr (nCownrg cots ur ndiliuns: (I) default in the Payment .,i <br />of ohligath,n, iia6ility hercm or note e.mc; <br />performance y covenant ur mined or referred to m any ryi•1, nK the (_) y w r Y,, reprcsmtation or alammrnt <br />mule nr famished In Secured Party by or on M1ehall .d IleMor proses m have been false in xny matrnal respect when made or furnished; (J) any ea•ent which resoles iu <br />the a «elentien of the maturity n( the lndebtc,nrss of Debu,r to ethers under any indenture, grcament or on deruk(ng; (41 1, sa, theft, damage, destnaerion sale or <br />meumbnn« to of any of the Collateral, or the m::kingnf m,v levy, se +r r anarhmem th, If or thereon; (5) death, dissolmion, trrmmation oLeistrnec, insniv- <br />eney, business failure, � ppointment f a receiver of a 'pan of Ills pruprrtyrof. assignment for the benefit of cr, it-II ley', or the — enencemeut of any proceeding under <br />any hanknpteyy• or insolvrncy laws by or ,grins[ Dehtnr or any gu r ntnr or surety fur 1)rltor. <br />UPON SC ?CH D£PAl•LT i deems <br />and s coq time thereafter, or f itself ns«nrq Secured Parts- may declare all Obligations -ev—1 herehy immediafdyy due <br />rid payable rid shall have the remedies.of :zrn eel party under the Nebraska Unifono Commercial Cmle. Secured Party may require Debtor to a m01e flee <br />Col4tenl and deliver or m ke rat available to Secured Party at a place to he designated by Securai Party which is r asonably cr �enient to loth partiea.s Uri— the <br />- <br />CoRatenl perishable r rhrcmm�s to leclinc a lit value or is r f a type customarily sail a <ognixed in', rkct. Securedl Party will Rive Ddn „r rr nabL <br />ana�uriu•r <br />notice of the time :mA place f any piddle axle t�ereovur i the time "it” which any priyatr s;Je y intended dispusiliun therm( is w ix made. Thr•r.�quin <br />rDehtor <br />menus f reasonable olive shall be met if such entice is mailed, p,st•sRC prepaid• n, the address of shown at +hr beginning of this agracmenl at least five ,face <br />More the time of the sale rr disposition. <br />Su waiver by Smurtd Party of any default shall ol—ty :is a w 4e, e( any rher default nr of the .. c M.,uh on a future occasion. The taking of this xrt ie.- <br />,Party <br />agreement hall rot ice or tmWar any others ,i,y said Secura may lace �r . r :firer acgwn• i�a the payment of the• alxrce indeblalnesy, unr shall the t:,kiug <br />f ray such,, rkfatonalasre+ ty »' impair thi, s eurity vy� a mm ;hut . ud Srrnred decoy m y rsnn m a ecurity it may have in Ihc• order it may deem proper, <br />nr <br />anA netwithtandinR any eollxterahasrerrity, Secured Para ,hail .�tvn its rights n1 so ,if agaus+ Debtor. <br />All rights of Secured Party hereunder shall hunrc to the henrfit of CIS sncce -s :cod nasw 1': and all prnnises a d duties ni Debtor shall bind his heirs, rxreumr, <br />or adminiserator, or his r its sac .airs o signs 1( the he u e than our Dehtnr Ihrir Lhdilirs he :mnder shall he jumt and acveral. <br />This agreement shall become effacliverwhen it is signed by Debtor. <br />Il <br />J <br />60 <br />1A <br />