~_..__~.
<br />r
<br />82=CsU2c08 ;~,~;
<br />ADDiTiONAI PROVISIONS
<br />DEBTOR «r~RR:~V'TS A\D CODE\A'ti"I'S: (I} Tlmt except fbrthe secizriFy interest granted hereby Debtor is, or tr, the
<br />extent that this agreement states t}rat the (:oilateral is to acquired after the date hereof; +v~ll be; the owner of the Collateral free from
<br />any adverse Iien, security interest or encumbrance; and chat Debtor «rill defend the Collateraal against :ill claims and'demaruis of all
<br />persons at env time claiming the same or any iaalexest therein. (21 That cab financing statement covering Lhe Colla#eral or nn~ pro-
<br />ceeds t}rereoff is or. file `in any public office and that at the request. of Secured Party; Debtor will,jom with Secured Party in esecutinG
<br />one or more financing skatements pursuant to the tiebrasku Unifnrm Conaxnercutl .Cade iza {erne satisfactory to Secured Part' and
<br />will pay the cast of filingg such financinG statement, this securfh= agreement :urd ani= continuation ar termination statement, ;n all
<br />public• uff}ces tvhereger fitimg is deemed be Sexured Party tb be necessary or desiraGle; and if the Collateral is attached to yea! estate
<br />prior to the perfection of the security interest {,wanted hereby ar if the Collateral indudererops oroil, gas or minerals'to 6e extracted
<br />or timbrr to be cut; Debtor loll, bn demand of Secured Party; furnish Secured Party nzth a disclaimer. ar discla}mers or subordni-
<br />ation agreement signed by al! persons havurg un interest in the real estate; disclairaaing nr subordinating ;iny interest in the
<br />Collateral which is grior tie the interest of Secured Piirty. { 3? `:o t3a sel}, tmrisfer or dispose'of the Collateral; mor take trio same or
<br />attempt Lo take the same from the ma_raty= where kept as ahave stated; w=ithorit the prior ~~--Titten consent of the Secured Pert.
<br />(4} To pay. aU taxes and assessments of every nahae which mac• he levied orassessed against the Callatera}.: (S} \ot to permit
<br />or aUow• any adrerse lien, senrrity intezest or encumbrance wha±suever upon t}ze Callateral; and not to permit the same to be
<br />attached or repktined. (81 That the Culiaterai is fn Gaod cunditic>n, aced drat he et•ill at his oaaaa expense, keep the same ire ggood
<br />condition and from time to Limerforthwith, replace and~rep;ur all such parts of the Collateral air may be broken, worn out or tlarn-
<br />aged.. without allow•mg ;any Jaen to }ze created. upnn the. Collateral on accaunt of such replacement or repairs; and that the Secured
<br />Parh• may examine andizaspett the Co}lateral at aziytime,. wherei•er located. ('', That he~vill athisawn expense:.keep the
<br />Collateral `insarred in a company :satisfactory• to Secured F.aiy a gainsi Ions, as appropiate, by theft, collision, fire and. extended
<br />~nyerage,,wiYh lass paya}ile to Secured. Patty as its interest may appear; and will on demand deliver soft! pcalicies of irisixrance nr
<br />furnish proof of roan insurance Fb Secured Perri- (lii At its option Secuued Party mat Procure such insurance; discharge tales,
<br />fiens, ar sectufty interests or other encximbranccc at any Hine !cried ar placed on the Collateral and ma}"pay for the repair of env
<br />damage or injun• to or for the presen'ation and marntenance bF the Ctzllater:d. Debtor atlTrees to reimburse Secured Party an dam:uad
<br />for any pay'riren[ ar expezt~e mtutrecl by Secaued Part}' Iursuant to the foregSiing authorization, Until suc}i reimbursement, the amount
<br />of env such payment, ~a•i[lr interest at Fhe rate of 3: par annum from date of paj•ment uniil reimbursement, snarl!"be zdded' to ibe
<br />fndebteciness owed by Debtor and shall lee secrrrexi Iay .this aizeemerzt (9) That he will rxatrise the Callateral in a=folation of env
<br />appiirabie siatufe, regu}ation or iardfnancr and if an}• of the Collatcr.d is orator vehicles the same ++rill not lee rented; used itiaental
<br />son=ice aor in any speed ar endurance contest.. ! 1(l l l~ebtar ~.vitl p3c Secured tarty .rnv uitl ;r11 costs. and espetues incurred in
<br />reco~=erfng possession of', Lhe Coltarezal azrd incurred in eniurcipg this secuntL agreement, and the same shaA be seczued by this'
<br />securit}• • agreement
<br />1?IVTLL DEPA(LT Debtnc may }z:u~e peaccessican of the Ca}lateral and eLVe it in array a+vfnl manner iaot inconsistent with this
<br />agreement arrd,not {ncxinsis•t:rnt with env policy of us3uranre thercYra, and upon default Scrrsed Party shall hate the immediate
<br />right to the Iwssessian' of the CullateraL
<br />DEBTOR SHALL. BE IL DEF3L''LT under this aztrerxnerrt rrixazr the happening of ray bf the fr>llotviag events or cunditigns:
<br />(13default in the pa}anent of performanrc ..t u,y~ oblaGuifon, troverrazrt or Ifa}»lrh~ rnnt.uucd nr refe•rre'dto herein nr as ;uw note
<br />evidencing the same: {~} env warranty. represrntaben or atalemezrt made or Fut?li>i,<•,l to ~rclzred I'arh• by or on `!ache!{ a(
<br />Debtat proves. to have. }teen f.c}se fn tizzy mater d r~•,t>.•. e+t,en rzratln or furnished, i:l r ~° event which results izi the rccelea•ation
<br />of the rnaCUrity of the indebtedness csf L~ebttar Lo ethers uudei tiny indeuturer agreemrri „r audertakrng; { 9) loss, theft, damage,
<br />destructian, w}e ar erzcxtmbranm to, or of any of the CulLvterd,. ur the rnakini; +>f way kvy, si•irm e or attachment thereof ur there-
<br />on,, {S} dtrpth. di>sotut4otz. ternzia3atzari of rxistenir, iuxahrzzsy, bunizica~ fauluec•, .rppouzlmrui of r recr:•iver of any part caf the'
<br />proper#y af, assfgnmerrt far t}re llenefft of creditun by, or the ecanuneucement of :art" proacdiul„-uudcr-racy }ruikrtr}i{cy or insulveney
<br />laws b} or al;ams# l7ebtur ar. any gararantvr or surety far l~latar.
<br />L1PO\ SCCfi DEF.~I'LT acid aY anuYUZae thereafter r if zt deems rLtelf inw<nre, Scxvrc~d Fartyrnrv dr=cLu'e .dl Oblig-
<br />atiLxias scorned frerebv u~rrntdzately tlrrc and paya}aly .end ,z.,Jl h:~+._ the renterlfes of a secured party. Hradec the ;Veliraska L=nifvnar
<br />Gumnaeratial Cade. Secured Party rarer require L)ebtor t tr n ble tf - Callateral and deliver or nr zke f£nv.ritablc to Secuced:Party
<br />at a placr to Eae dcsrGrrated by 5ecarrecl Party w}ucir is re ,rr 1 It c n,xraient to iwt6 p rnc~ s, t'nless du/ /'oIIafbral i.c perishaiile ur
<br />threatens to decline speedih zn value ar za u: a lvpc cirsYor• Ir +nlti on a arcr>ar»ied market, Svcureu Party +vil1 give ]:)ebtur
<br />rcm~anable cmtitr a£ t e liner and pLrce ati{ ,r::, pulrLc wie iherecr} or nf4he time after v«}aich any private ti.rlr nr<rny other intended
<br />duposatrcmthem>[ i.' to br• made- The rrxi~drerr.•vzts of ze.tsonable nukicrshall be met rI such rmue~r~ Is in.ak 1, i>rastagc prepaid, to
<br />fire aridness a{ Lk•btur shut«•rr aY tbe,}aeGfurnns, .,f this agrerssrezat`a! !cast fivr days before the dine of k6r• s•de ur dispusitzuu.
<br />~a waiver by Secured Party of aura default shall operate as a waiver of any ether drfaultwar of Fhe some dc.(avit on a futwe
<br />ooracion. ThetakuatG of this sectuxty a eenaerat snail rack waive or:imp-air any oYhe_r sec~aznty xaid~Secured P rt rr: have nr here-
<br />after acr}utrriot the payment o[ the above indehtedzarss; nay shall the !eking of any such ,addfFiauu.l se.,criifti tt tc r,r unpalr this
<br />sertrrity agreement, but said Set•ured Party miry resort to any x~•urity it may.: h ve m the order it may deem priifrer, and cwtw~rth-
<br />starrding any +`oilateral security, Secarrc( party snail retain its rights of srtoff ag:ririst llebtnr
<br />rill rights of Sectu~ed Party hereunder. shaI! more to fhe benefit aF its successors and asszgns; tired ail prbmisc~s and duties
<br />~ of Deb#or shall bizzd his' bean, executors or admimistratoss or his br its saccessors or assrs;ru. If there 17e inure Y}iarz one Dcbtar,
<br />• their tiabffitics hereunder: snail be joint and several.
<br />This agreement shall izecome effective when {t is signed by Debtar
<br />t__J
<br />k
<br />
|