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<br />Loan No: 809638
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<br />DEED OF TRUST
<br />(Continued)
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<br />200900177
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<br />Page 4
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<br />now owned or hereafter acquired by Trustor. Unless prohibited by law or Lender agrees to the contrary in writing, Trustor shall
<br />reimburse Lender for sll cost. and expenses incurred in connection with the mstter. referred to In this psragraph.
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<br />Attorney-In-Fact. If Trustor fall. to do any of the things referred to in the preceding paragraph, Lender may do so for snd in the name
<br />of Trustor and st Truator'. expenae. For such purposes, Trustor hereby irrevocably appoints Lender as Trustor's attorney-In-fact for
<br />tha purpo.e of making. executing. delivering, filing, recording, and doing all other things as may be n.c..sary or de.irable, in Lend.r's
<br />sole opinion, to accomplish the matt.rs r.f.rred to in the preceding paragraph.
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<br />FULL PERFORMANCE. If Trustor pays all the Ind.btedne.s when due. and otherwl.e parforms all the obligation. impo.ed upon Trustor
<br />under this Deed of Trust, L.nd.r shall .xecute and deliver to Trustee a request for full reconvayance and Shall execute and delivar to
<br />Tru.tor suitable statements of termination of any financing .tatement on file evidencing Lander's s.curity int.rest in the Rents and the
<br />Personal Prop.rty. Any r.conveyance fee required by law shall b. paid by Trustor. if p.rmitted by applicable law.
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<br />EVENTS OF DEFAULT. Each of the following. at Lender's option, shall constitute an Event of Defauk und.r this Deed of Trust:
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<br />Paym.nt Defeult, Tru.tor falls to make any paym.nt wh.n due und.r the Indebtedne...
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<br />Other Defeults. Trustor falls to comply with or to perform any oth.r term, obligation, covenant or condition contain.d in this Deed of
<br />Tru.t or in any of the Related Documents or to comply with or to p.rform any t.rm, obligation, covenant or condition contain.d in any
<br />other agreement between Lender and Tru.tor.
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<br />Compllanc. D.fault. Failure to comply with any oth.r t.rm. obligation, covenant or condition contained in this D..d of Trust, the Note
<br />or in any of the Related Documents.
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<br />Defeult on Other Peyments. Failure of Trustor within the time r.quir.d by this Deed of Trust to mske any paym.nt for taxes or
<br />insuranc.. or any other payment necessary to prevent filing of or to .ff.ct diSCharge of any lien.
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<br />Default In Favor of Third Partie.. Should Trustor defauk under any loan, extension of credit, security agr..ment, purchase or .ales
<br />agreement, or any other agreement. in favor of any other creditor or per.on that may materially aff.ct any of Tru.tor's property or
<br />Tru.tor'. ability to repay the Indebt.dness Or perform their re'pectlve obligations under this D..d of Tru.t or any of the Related
<br />Documents.
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<br />Fel.e Statements. Any warranty, representation or .tatement made or furnished to Lender by Trustor or on Tru.tor's behslf under this
<br />De.d of Tru.t or the Related Documents is false or misleading in any mat.rial respect, sither now or at the time mad. or furnished or
<br />becomes fslse or mi.l.ading at any time thereafter.
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<br />Defectlve Collaterell.atlon. Thi. Deed of Trust or any of the Related Docum.nt. c..... to be in full force and effect (including failur.
<br />of any collateral document to create a valid and p.rf.ct.d security intere.t or lien) at any time and for any r.a.on,
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<br />D....th or In.olv..ncy. Th. dl..olution of Trustor'. (regardless of whether election to continua is madel. any member withdrawa from
<br />the limited liability company. or any oth.r t.rmination of Tru.tor'. existence as a going buain.a. or the d.ath of any member, the
<br />in.olv.ncy of Tru.tor, the appointment of a r.c.iv.r for any part of Trustor's property, sny assignment for the benefit of creditor., any
<br />type of creditor workout, or the commenc.m.nt of any proceeding under any bankruptcy or inaolvency law. by Or agalnat Truator.
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<br />Creditor or forfeiture Procaedlng.. Comm.ncem.nt of foreclosure or forfeiture proceedings, wh.ther by judiCial proceeding, .elf-help,
<br />repoase..ion or any other method, by any creditor of Tru.tor or by any governmental agency against any property securing the
<br />Indebtedne... This Includes a garni.hm.nt of any of Trustor'. accounts, Including deposit account., with Lender. However. this
<br />Event of Default shall not apply if th.r. is a good faith di.pute by Trustor as to the validity or r.a.onabl.ness of the claim which is the
<br />basis of the creditor or forfeiture proceeding and If Trustor gives Lend.r writt.n notic. of the creditor or forfeiture proc..ding and
<br />deposits with Lend.r monies or a .urety bond for the cr.ditor or forf.itur. proc.eding, in an amount determined by L.nd.r. in it. .01.
<br />di.cretion, as being sn adequate reserve or bond for the dispute.
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<br />Breach of Oth..r Agreement. Any br.ach by Trustor under the terms of any other agreement betw..n Trustor and Lender that is not
<br />r.m.di.d within any grace period provid.d ther.in, including without limitation any agreement concerning any indebtedness or other
<br />obligation of Tru.tor to Lender, whether existing now or later.
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<br />Evente Affectlng Quarantor, Any of the preceding events occura with re.pect to any Guarantor of any of the Indebt.dn.ss or any
<br />Guarantor die. or becomes incomp.tent. or revokes or disputes the validity of, or liability under. any Guaranty of the Indebtedness.
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<br />Adverse Chang... A material adverse chang. occur. in Trustor's financial condition. or Lander believe. the prospect of payment or
<br />p.rformanc. of the Indebtedness la Impaired.
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<br />In.ecurlty. L.nder in good faith believes itself insecure.
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<br />Existing Ind.btedn..... The payment of any in.tallm.nt of principal or any Interest on the Existing Ind.bt.dn... is not made within the
<br />time required by the promi..ory note evidencing .uch indebtedne.s, or a d.fault occurs under the Instrument s.curing such
<br />indebtedne.., and is not cured during any applicable grace period In such instrument. or any .uit or other action is commenced to
<br />foreclose any existing lien on the Property.
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<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Deed of Tru.t. at any time thereafter. Tru.tee or Lend.r
<br />may exercise anyone or mora of the following rlghta and remedies:
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<br />Acc..l..r..tlon Upon D.f.ult; Additional Remedl.... If any Event of Defauk occurs a. p.r the terms of the Note secured hereby.
<br />Lender may declare all Indebtedness .ecured by this Deed of Trust to be due and payable and the .ame .hall thareupon b.com.
<br />due and payable without any pr..entm.nt, demand, prote.t or notice of any kind. Th.reaft.r, L.nder may:
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<br />(a) Either In per.on or by agent. with or without bringing any action or proceeding, or by a r.ceiv.r appointed by a court and
<br />without regard to the adequacy of it. ..curity. enter upon and take posaeasion of the Prop.rty, or any part thereof, In Its
<br />own name or l)'l the name of Trust.., and do any acts which it deem. nece..ary or desirabl. to pr...rve the value,
<br />mark.tability or rentability of the Property. or part of the Property or Interest In the Property; incraa.e the income from the
<br />Property or protect the .ecurity of the Property: and, with or without taking poaseasion of the Property, .ue for or otherwise
<br />collect the rents, isau.. and profits of the Property, Including tho.e past due and unpaid, and apply the .ame, Ie.. costs and
<br />expenses of operation and collection attorneya' fee., to any ind.btedn.s. secured by this Deed of Trust. all in .uch ord.r a.
<br />Lender may determine. The entering upon and taking po..a..ion of the Property, the collection of .uch r.nt., i..u.. and
<br />profits, and the application ther.of .hall not cure or waive sny default or notice of defauk under this Deed of Tru.t or
<br />invalidate any act done in respon.e to .uch d.fauk or pursuant to such notice of defauk: and, notwithstanding the
<br />continuanc. in po....sion of the Property or the collection. receipt and application of rent., Issues or profits, Trustaa or
<br />Lender .hall b. .ntitled to exerclae every right provided for in the Not. or the Related Documents or by law upon the
<br />occurrence of any .vent of defsult, Including the right to exercise the power of sale;
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<br />(bl Commence an action to foreclose this Deed of Trust as a mortgage. appoint a r.c.iv.r or specifically enforce any of the
<br />covenants hereof; and
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<br />(c) Delivar to Trustee a written declaration of default and demand for .al. and a written notice of default and election to
<br />cause Tru.tor's interest In the Property to ba aold, which notic. Trustee shall cause to be duly filed for record in the
<br />appropriate offices of the County in which the Property is located: and
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<br />(dl With respect to sll or any part of the Per.onal Proparly. L.nder shall have sll the right. and rem.di.. of a secured party
<br />und.r the Nebra.ka Uniform Commercial Cod..
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<br />Foreclo.ure by Pow..r of S..I.. If Lender elects to Ior.clo.. by .xercise of the Power of Sale h.rein contain.d, Lender shall notify
<br />Tru.t.. and shall deposit with Trustee this Dead of Tru.t and the Not. and .uch receipts and evidence of .xp.nditure. made and
<br />..cured by this Deed of Trust as Truste. may r.quir.,
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<br />(al Upon r.c.ipt of such notice from Lender, Trustee shall causa to b. recorded, published and delivered to Tru.tor .uch
<br />Notice of Default and Notic. of Sal. a. then required by law and by this Deed of Tru.t. Trustee shall, without demand on
<br />Trustor, after such time as may then b. required by law and sfter recordation of such Notice of Defau~ snd after Notice of
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