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<br />84 -- 003079 ADDITIONAL PROVISIONS
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<br />DEBTOR WARRANTS AND COVENANTS (1) That except for the security interest granted hereby Debtor is, or to the ex.
<br />trnt that Collateral is acquired after the date hereof, will be. the owner of the Collateral fTee from any adverse' lien. security int@rest or
<br />encumbrance; and that Debtor will defend the Collateral against all claims 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, ~btor will join with Secured Party in execulingone or more financing-statements
<br />pursuant to the Nf'bruka Uniform (',ommercial Cod(" in form satisfactory to Secured Party and will pay the cost of filing such
<br />financing statement, this security agreement and any continuation or termination s.tatf.!'ment, in all public offices wherever filing is
<br />dftomed by Secul'e-d Party to he OIl'!Ce-ssary or desirable; and if the Collateral IS attach~d to real f.!'state prior to the perfedion of the
<br />security Inlerest granted hereby or It the Collateral includps crops or oil, ga.', or minerals to be extracted or timber to be cut, Debtor
<br />will, on d.-mand or Secur~d Party, furnish Secured Party with a disclaimer or disclaimers or subordination ag'fef'ment signed by all
<br />penona having an int.eTest in the real estate, disclaiming or subordinating any inlerest in the Collateral which is prior to the interest
<br />of Secured Party, (3) Not toseU, tranderor dispose of the Collateral, nor takf' the same or attempt to take the same from tbe county
<br />where ke-pt. as above stated. without the prior writte.n con~nt. (if the S",..-:un:-d Party. (41 To pay all taxes and a.!O;weAAmp.nb. nf f1eVPry
<br />nature which may be levied or auessed against lht' Collateral_ (5) Not to permit or allow any adverse lien, security interest ()t en-
<br />cumbranc~ whatsoever upon the Collateral, and not to permit the S3me to be attached or replevined. (6) That the CoUateral is in
<br />lood condition, and that he WIll C1t his own expense, ke('p the same in good condition and from time: to time, forthwith, repl.t'e and
<br />.;,;... repair all such parts of the Collateral as may bp hroken, worn out or damaged without allowing any lien to be create'dupon the
<br />Collateral on account of sueh replacement or rt>pairs, and that the Secured Party may examine and inspect the Collateral at any time.
<br />wherever locatt>d. {7) That he will at his. own ex~nst> keep the Collate-ral in!i-ured in a company satisfactory to S.ecured',P.1't-y,.~mt
<br />106&. a.& appropnat~, by thuft, collisli:m, fjre ~r.d €:ro:tended co'.;erage, with f,,).% pAyable to Se-<.'urea Party.as it.i in~l'tit--m.ily-."pe,al'.
<br />and will on demand deliver said policies of insurance or furnish proof of such insur3oc~ to Secured Party. (3) At ita opUo_n:~,ted
<br />Party may pwC'urf> such insurance, dlseharge taxes, liens or security interests or other encumbrances at any-time leYi_e~'or'p~~:'_9"
<br />the Collateral and may pay for the rt'palr of any damage or injury to or for the preservation and maintenance-of_lhe, ~~_~f!~t
<br />Debtor agre~ t~ riPlmburse Sf"'('urt.'d Party on demand for ;JOY payme-nt or (,xpt'"nse incurred by Secured Pa,rty-pu~a_nt_t~!~b.'f~~r:
<br />goinl authorll"atlOo LInHI such reimbursement, tht> .imount of any such payment. with inter~st at the- rute__of 1l%~;-~~U-!,,-"~~~~-~~
<br />date of payment until retmbunlf:'ment. shaH bit' ..ddt'd to the IOdebtedtles..'i owed by {)(!btor and shall be secured by _thJ.-,__~~,~_"-:,::.,,_
<br />(9) That he will not use the Collateral In VlolatHln of any applicable- ~tatute, regulation or ordinance and if any-o_r't.tu~'_ C9U._tet~{dL,-. -
<br />is motor vehicles the- same will not be rented, used in rent,,} service- nor in any speed or end-urance--ton.t~t. '
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<br />UNTIL DEFAULT Debtor may have posses.."IolOn of the Collat@r-al and use it in any lawful manner not-i.~.~JIt:~~
<br />q:reement ltnd not ifiCOfl.6iSolent with any polit;y of Insurance thereon, nnd upon de-fault ~ured hrty:.<;bat!-_ha":-:-l1i.:-1~" _
<br />richt to the- possession of the- Collateral. - - .-
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<br />DKBTOR SHALL BE IN DEF AUL T under this agret>n-umt upon the happening of any of the foUowi'n'__e"enJ.l~~prl_\~~'#ti
<br />(l) default in the payment or pt'-rfQrmance of any {lbli~atwn. covenant or IiltbHity -contai-ned or _Te,fer~e-d'.to-h~hli:o- .
<br />eVIdencing the .samt~; (2) any warranty, reprl!'~enlallon or financial.sl31~ment made OT furnished to S"'-C-li'r4!Pd'Pil"r-ty;b-Y':':Pt~
<br />Debtor Ul discovered to have been fah.e In any malerial respect whe-n made or (urnished; (3) an)' -ev~nt which- 'ruJ.lt_ti~ilt
<br />ation of the matunty of th~ mdebtl!dn~ of De-blm to others under an~' imhmture, agreement or un-derhddn,{-.t-~';)
<br />damage. destruction s.ale ill' eneumbrancp to or of .-my oi the Collateral, Of the making of a,ny Ie.-vy, ~f!izure_'or-,ai~.,,,,,,,:
<br />thert-on, I f)) de-ath. dLSsulullon, tt'rmmatH.H1 of t'xis(. "'lrr. lO5olvency, busines.s railurt~. appointment or a receiver- of'-alty
<br />proJWrty of, assignment for Ih~ b~n-t>-fit of cr..ditor.o; bV < (Ir th(' l'omm~neemenl of any proct"~dlng under any baltkr,uptcy()t;:
<br />laws by ur against Debtor ur any l!uarantor or suwty for ~btor
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<br />UPON SUCH DEFAULT and at any lIfflt' thNf!aftt!-f, vr tf it de~ms itself inseeure, 5ecu-red Party may_ decla~.n.-o
<br />seCured h~reby jmmediat~ly du~ and payable and shall have lh~ re-medics of 3 ~-ur~d P:lrty undfl_r the-:N.~:fJ,'''''~,Jtni
<br />Code. Secured Patty ma)' reqUIre ~bt-Qr to assemhl.... the CoHater.aJ 11l1d dt!'Hyer Of mJ-k-e- it a~Hable to -Secu:r_- -
<br />designated by SeeUflt-d Party which is rea:!.Onabl~l ('()nvt'ni~nl to- both purHes. Un1!p$& the Collateral is
<br />sP"'dily in nJue or is of a ty~ cu&w.mari!>, sold on a rt''C.--ogni".d m.rke:l~ Seeu:red P!lrty wi-U,jiVtt
<br />ti~ and place, of any public sale thenwl Or uf lh~ tlow afkr wh~c-h i:ln:-y-p-nv3OO ..le-:o~.n:y;()th,J'-;
<br />be madt'. The r~uir~mt!nt.s uf re80-nable nottc€' shall bt> met ir~l,wh m)(i-(,~.I> m.ilt>-d. -J:lOlJ-ta'~J.lrepait;l;,
<br />at the befmning of this agn:emel1l at h~ul Ii~e daY$ before t.hr time of the sale or di$~tion.
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<br />No waiver b-y Secured PJ:rly of any default Sbldi oj>ef'itile as a W3J-V4?r of any other def.-lcIJ.t"Q:r 0(-
<br />Occ-a..\.lon. Th~ taking or this security lliJ'eEtnent s-haH no\- w.i~ 0.( Jmpai-r any -other .security saittS
<br />.aft..t" acquirt" for the- payment of th.. abovl" ind~btedn~ss, nor ..hall th!€:', taking of any $vch addit.hm.l.~(1Ktt:tY-
<br />st'cufity ottP'ffment, hut s.ud S4?(.'u-ltl'd Patty OlBY r~url tv any s\'!~ur-it,:y it may have in tM or-der it rnay~doe~',~p~j.'
<br />standing an)' coUatNal seeuri~y, Secured Party shall retain its tights of s~t.ort against Debtor"
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<br />AU right;; of Secured I'arty hereunder shaU inure to the benefit of iu _lIIIOrs an" ~.~,:<l!ll
<br />duties of Debt,or shall bind his heirs, per""nal repre""nUtives or his or its au........", or ....oms. U'thtlre:l!8'i
<br />Dctbwr. their liabilities hereunder shall be io;n~ ....d ""veral. ~ '
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<br />Thio agreement shall become effective when it i. signed by Debtor,
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<br />ADDENDUM
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<br />The undersigned, hereinafter "Owner/Debtor-, owns or h... an interest in tbe collateral d_riW,OIl,t~rtl(~:_,~<:'
<br />this agreement, but is not a party to the obligation _ured by this ogNeJllOmt. BYll~this~k,~~-
<br />undertakes no obligation for repayment 01 sueh obligation except to the extent of providing Sllid ~.,',...~"':,~
<br />performan<e of the obligation. All provisions oi this agreement apply to Owner/Debtor an" tbe,term .,l>tibtorl'..~:jQ
<br />this agreement and any .ccompanying financing st.atemen~ refe.... oolJectively w the Debtor, Owuer/Debtor or both-....~
<br />context may require.
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<br />------------OWner/Debtor
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