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ADDITIONAL PROVISIONS DEBTOR WARRANTS AND COVE!*A1V7'S: {1) That exceDC for the aecurlty Interest granted hereby Debtor la, or to the eztent that this agraemenF states that tbe- Collateral la to be acquired after the date hereof, will be, the owner o[ the Coliaierai tree tram arty adverse lien„ ee- curitq InterenF or encumbrance; and that Debtor will defend the Collateral against all claims and demands o[ alt -eraons at any time claiming the-same or any lntereat therdn, {2) That no flnanemg statement eovertng the Collateral or any proceeds thereof in on file in any public office and that nt the reQUest'oC Secured Patty, Debtor will join with Secured Party in,executing one or more financing statements pursuant to the Nebraska=-IIhiforta-Cpmittereial Lbde in form satisfactory to Secured Party and wtlt pay the coat of filing such financing statement, thin security agreement eM any continuation or termlanUon statement, In all public offices wherever flung la deemed by Secured Party to be necessary or dedrable: and it the-Collateral b attached to real estate prior to the Derfectlon of the security interest granted hereby or If the Collateral includes crops or oil,. gas or mAereia to be extracted or timber to be cut, Debtor wilt, on demand o[ Secured Party, furnish Secured Party with a disclaimer or dlaclejmera or subordination agreement signed by all persona having an Interest in the real estate, disclaiming or aub- ordlnaling any lntereat in Lhe Collateral which is prior to the interest o! Secured Party. (3) Not to self, transfer or dispose o[ the Collateral. nor take-the same or'altempt to take the same from the county where kept as above stated, without the Drlor written consent of the Secured Party. (41 To pay all taxes and aaaeaamenta of every nature whtch may be levied or assessed against the Collateral. (5) Not to permit or allow any adverse Ilan, security interest or encumbrance whatsoever upon the Collateral, and not to permit the snme to be attached or reDlerined. (6) That the Colinrernl is to aMw c~ndttfon, n!!d that he •xili at !~.~ c:rr. expamst, k^eD the same ?n gac-d cordit?nr. end front time to time. forthwith, replace and repair all such parts of the Collateral as may be broken, worn ouS or damaged without allowing any Ilan to be created upon the Collateral on account of such replacement or repairs, and that the Secured Parq• may examine end inspect the Collateral at ary' time. wherever located. (7) That he wilt at his own expense keep Ure Collateral Insured In a company satisfactory to Secured Party against loss, as aPDroprtate, by theh, coliialon, [!re and extended coverage, with loss payable to Secured Party as Sts Interest may appear, and will on demand deliver said Doliclea of insurance or furnish proof of such insurance to Secured Party. (S) At its option Secured Party may procure such insur- ance. discharge Lazes, liens or security interests or other encumbrances at any time levied or placed on the Collateral and may pay for the repair o! any damage or Injury to or for the Dreaerratlon and maintenance of the Collateral Debtor agrees to reimburse Secured Party on demand for any payment or expense incurred by Secured Party pursuant to the foregoing nuthorizatlon. Until such reimbursement, the amount of any noon payment, with lntereat at the rate of 9~ per annum tram dote of payment until reimbursement, shalt be added to the Indebtedness owed by Debtor and shall be secured by this agreement. {9) That he wilt not use the Cailaterel in violation of arty apDlicabie statute, regulation or ord[nanm and If any of the Collateral la motor vehicles the snme will not be rented, used in rental serrice nor in any speed or endurance con- teat. (10) Debtor will pay Secured Pat~y any and all costs sad expenses incurred in recovering posseaston nt the Collateral and incurred in enforcing this aecurlty agreement, and the snme shall be secured by thLV security agreement. UNTIL DEFAULT Debtor may have posseaelon o[ the Collaterel and use it In any lawful manner not Inconsistent with this agreement and not imm~statent with any policy of insurance thereon. and upon default Secured Party shall hate the immediate right to the possession of the Collateral DEBTOR SHALL BE IN DEFAULT under tide agreement upon the happening of any of the following create or cond)tfona: (I) default in the payment of pertormaace of any obligation, covenant or linbliity conminN or referred to herein or In any note evldencing the acme; (2) any warranty, representation-or statement made or furnished to Secured Party by or on behalf of Debtor proven to have been false In any ma- terial respect when made or furnished: (3) any avant w•hieh resulu in the acceleration of the maturity of the indebtedness of Debtor to others under any fndenture, agreement or undertaking; (1) loss, taett, damage. destruction sale or encumbrance to or of any of the Collateral. or the making of any levy, sef:ure or attachment thereof or thereon; (5> death, dlaaolutfon. termination of existenct, imob~enc>•, bustneaa Lallure, ap- pointment of a receiver of any part o[ the property of, asaignmen[ for the benefit of creditors by, or the commencement of any proceeding under any bankruptcy or Insolvency laws by or against Debtor or any guarentor or aureq~ for Debtor. UPON SUtRi DEFAUL2 and at any time thereafter, or it tt deems itself Insecure. Secured Party may declare sit Obligations secured heroby Immediately due and Payable and shall here the remedies oP a secured party under the Nebraska Uniform Commercial Code. Secured Party may require- Debtor to assemble tae Collateral and delher or make It available to Secured Patty nt • place to be designated by Secured Patty which is reasona6ky convenient [o Oath polies. Unleaa the Cottaterat is perishable or threatens to decline apeed3ly In value or is of a type cuatomatily sold on,a recogafaed market, Secured Putt' will glre Debtor reaaonrtbie notice of the time and Flace o[ any public sate thereof or of the lima after which anp Drivete sate or any other intended disposition !hereof b to be made. The requirements of ressonable notice shall be met 1L such aotitt is mailed, postage prepaid, to the addreu oL I>QDior ehow•n at the beginning of this agreement nt leant [R•e days before the time of the sale or diaDOaftbn. No waiver by Secured Party of any default shall operate as a waiver of any other default or of the same default on a future occasion. Tha taking of this aecurlty agreement shall not waive or Impair any other ae<uri13' said Secured Party may hu•e or hereafter acquire for the Daymept of the above /ndeDtedneaa nor shall the taking of any au<h edditlonal aecurlty waive or impair this aecurlty agreement; but said Secured Party may resort to say security It may here in the oNer it may deem proper, and notwlthatanding any collateral aecurlty, Scoured Party shall retaip iL rights of setoff against Debtor. Aft rights of Secured Putt' hereuadar shalt inure to the benefit of its suttaswre and assigns; and all promises and duties of Debtor shall Dind h4 heirs; emcutora or administntora or his or Its aucceaaora or assigns. It there be more than one Debtor, their liabllitiea here• uadar shall ba joint arM several. TAb agreement shall become effective wAea it fa signed Ay Debtor. fit, w `'r z~ t a~s~ ~ ~r't - i W ~ _ ~ ~ i ~~ ~' ~> ~ ~ ~ ~' gip ~~ ~ ~ e , ~~ .~ • ,