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<br /> - ` 1� Co+�NNrM�adTruatarw��hRsspectl�t��iYfl�outtf�s�rtor�rrnte�nEOnse+�6fltB�dyY.T�t+si+orahaltno��ct►1r�ctodincMY►
<br /> := w,ifr�rp�cte��ryrls�oisP+�ire�tis lrustP►oper[y.aarypa�flw+sof.,whetAers�chbassehrawa/�srsallwln��: .
<br /> . �t•) �aP�mRroPaY�rbdEscor�roredvanceaare«�Eorrer+tr�ara�nac.h.xcasaronemantl►,
<br /> (D) G�r+cM cr errr�ths same,a accqpi ary csnceAatlori:eeaN»aeia�a surrander tl�ereoi,orpenr�,��ry►e�nttn occrswtrcl�w�a�ai
<br /> -- occu►d�uxhriut�nnir►etaacancel�es+�ms.oflNertMntsrnatnat�onfbrnonpaymentof�sn4 . .
<br /> - -- (01 �►da►modNy th�san�a ao as ro roduce aie ce+m rhereo►.rh§r�te1 payer�le tAereander,o.mcl,ange any renewa�provislons
<br /> -- �� � tMratncontaTiier/. . . : _ .
<br /> �_t � � (d1 Wshrs anY dsi'ault tl�ersundera DrracA tAereof, . ,
<br /> .,�,�,� `-- (sj Gtvs my epruen�waivsrorapprovM ihererrrMerot take ar►yoUrerecLion In vorxreCOO�t therewitl�,oi witli s lessea fhereunder.wAkh
<br /> -� � �T w�aildhavetl�eeNbciofimp�iringfhevakieai�hekssorsHHersstdre�aunderatheprol�+N�1��araflmPai�n9tl�e ----
<br /> _ --��T_ •4••j -- - ppsi�Ott arfit8testaEHenelFdar�thereM.w � r�-�--�—--.---
<br /> ',',-t. Q H1 �.�5�,l�Dd.��orotlte�wfse dispase at.orenc�snberitslnterestln arry satd lease a arryrer�issr�s,Pro�its f�- _
<br /> *•{ aarfsJitg�newrder. �� - __
<br /> �;_;_°;, :� ' � 17. Waiver of S/a6ite of UrrtitaGOn�Ti►neis ofthe essertce in alt ol Tnutors�gations an0 dt�6es heretutder,and ro tlre extent permitted �st- �.�-�°�-
<br />``.;;4` by/sw.Tru�ibr watNes a1E pr�se�r�[orhrtree s�dutes oikrnitaoions wifh mspect tv any deb�demand a oWi9atlnn secured heneby and ■�y��;�„_ --
<br /> ".. N any action os pioceeding firorthe pwpose a1 enforcing this�eed of Trusta any rightsar+emediesaontained hereln. �-�#� } __- _-
<br /> � r - - -
<br /> 18�Ass�gnmerttaf D�sposi[s.In tl�e ever�tconsdrrction ot tmprovements�s ca+temp7ated by the toan evldertced by ihe Nole secured ,.� -
<br /> '�•t�},r ,' :�' Ners�4 as addiGTOnelsectai[Y fhereMra,Tnatorhenaby banslers and�ssTglls to BenefiCfary�aM n9tt�bde�nd r�8st b AAy end aN �
<br /> _ .:,•:r;:��;� �`"; ma�les deposiled Oy a on behalt oi Trustar wiM anY cit�4�N.P���Y�'a9�Y.sarutary distdcb u6�ty company,and , ; ,:,
<br /> �« : �y o�e�pody wagency,for theins[a�tion ar to aecure ttte installabai of arry uti6lyby Tirrstor,pertatning ta�he Trust Pro�perty. ,�- � --,��;-
<br /> . �'���� �T'i 19. Capa�Gan or Parm�ship Exl�lt Trustaris a capwation.9ene�aFPa�fieis►dP,afrmi(ed parmership�it wilf da�i�thB'�g's :`, gzu� �`�-
<br /> '�3'� ,� � - • �,mp���q�aP�P exfstence,as tlre case may be,and a!/dghts aad privileges uhder.t'"ie laws of the.- ::�,----
<br /> _ _,� ••t•:: _ � - -
<br /> • ' Slat@011lS/IM.OIFfE�(JJ10101g'ffiIiZ8A�W1. '`�' �'�����
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<br /> . < . 20. FaDeaienceD}?',�:;. ,claryNotaWaiver..Mytbrbear8ncebyBenefrc/aryinexercisinganyrightaremedyhe��r,btotNenvise . �4 T
<br /> ��..� r_ �Ibrded b �Iaw,sAaN notbe a waiverot or pteCfudB the exerdse of erry SuCH right or remedy.A�e proa:ir.'es�rt of ,'��r t� -
<br /> f ���"' y � tic� sha/l not be a warv�ero�Ben�lE��^�� htto '�
<br /> - .;f;F�:� insu�ance a the Mtaxes arthe discharge of lieas arCharges Dy Berre ary .�T. � : . :r.�FY,;;::t�;::
<br /> _�"'`.�=:�v'�yi�".` aCCeTe/atB ihB�i'dr .1y0/tl1e1ndebtedl1BSS. , . ,..�-:��!._- ., .;� ..- l.a:: �-
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<br /> y F�. � � .� � 2y. R�RledieS CuPlx�FBl�59 A!!�9l�JBdiBSpADVidECt��t NtIS t)B@d ol T�usf 8�9 d�SA�rJCt alydCW►Itlla6vB tID e�y othesdSl►Eori�]y�trii"G�(�'s� �• ' ,..t:�.�<<<`-
<br /> .� " -_ • t)eed ot 7rust a�forded hy law or equiry,andmay be exercisad GonCUrrently.independently orsuccessvety. .. ,: _�..� : ,;,:,;_�__-
<br /> . " • 22. Succeasors endAsslgr�s Bound;Joint and Severai Uability;Captions.The covenanb and agreementsfseisln contairred shall bind: -.�'s`�'� •--
<br /> • _ � � tAe dghta hereundersha!/Inure ra;.fhe respecBve successors and assigns of Bene�iclary.T►ustee,end Tnutor.A!►caz�enaMS and � • ',`•"��'``'`' ��`�t�--—
<br /> , ,,�,..�� ..�
<br /> `'t;.,;:<< •
<br /> . _. :. . . sg�ts o1 Ti�unorst�apqe�fa�d s�Bra►.The capnons and headings of fhe parag�aphs of UUs Desd of Tiusra,a fa .. , �_-.'k�;RX�,t-.', �: __-
<br /> convenlence onty arrd are notto be as�i�::�terpret or deflne the praWslorrs hereo� • .
<br /> • � 23. Notice.Except fora.h�nodce required riniY��pcab/e faw to be given in anothermanner,(a)any noBce ro Trustor provlded forin this ' • __::�
<br /> . ` ' � tleed al Tiust sha�`�e gTven by ma!!!ng suc:�i�ce by ceRified mail,redrm rece/pt requested addressed to Titrstor et iEs marTing �
<br />� � address set forttc attb�e oratsuch ofher a�as Trustormay deslgnate by nodce to 9eneflciary as provided hereln,and(b)arry • �.'���
<br /> ' - . noNce to Bene a Tiustee shaJ!be givan by ce►t+Tied mall,retum receipi requested,to BeneBcJary's and Trustee's mailing ��j:�+ - .. '�n��
<br /> • ' address stated�ln or to such other address as 8erteficlary or Tiustee may deslgnate by notice to Trustor es provided he►eln.�Any � ��=��"' � . . ��'�.
<br /> nodce prov/ded far in th/s Deed ol Tiust shall be deemed to have been given t+v Trusta,BenefFciary or Tiustee whea g)ven fi tfre : . . ; �;�-
<br /> • � � manner designa�here/n. � . ��
<br /> ��.:_,
<br /> _' . • � 24. Qaveming Law;.Secrorabfliry.Thls Oeed ot Frust shall be gavemed by the iaws M the State of Nebraska In tf►e event a»y provlslora aa. r ' ���-
<br /> " + � :� ctause of th�s Qeed ot Tiust con/licts wiih appGcab/e law,such con�ci shaflnot affect other pravlsJons ofthfs Deed o1 Tiust whkh can '
<br /> . . � be given ellect wfthaut the con�cdng provlstars and to thls end ihe provlsions ot thls Qeed of Tiust are dec/ared to be severaWe. � � I.��.Y
<br /> � � 25. Events ot Defau(t.Each o!the folfowiag occuneaces shall constidite an event of default hereunder,(hereinalter calfed an"Event + ' �`�
<br /> ' • . ol RefaulY): � �?
<br /> ' ' • (a) Tiustor shalf fad to pay when due any p�lncipal,interest,a pdncipa!and interest on the 1ndeDtedness, ` � ., .
<br /> ' (b) My warranry ot fitJe made by Trustoi herein sha0 be untrue, '-
<br /> � (c) �nistor shall far7 to observe a perlorm any ot the cavenants,agreements,or condmons In th/s Deed o!7rusL • , _
<br /> � (d) My representaUon or wananry made by Trustoi on any fmancial statemenls ar repoAs su6mitted to Benepclary by ar on DehaN o/ ,
<br />• _ � . Tasta shell��oYe ta�se or matedaly misleadirtg, ' �
<br /> � � � • (8I TiustO►sha?�a�.+.o peAo►m or observe any of the covenants,condiGOns o�a�reements containQd i�:or binding ti��T Tntstor unde► • ,�,��
<br /> ��- . . any build".rg�+.�agreement,securiry agreement,loan agreemenL fin�.^.�=w-g stetemer►t,a arry o�rer�greement,instnrment or � �>:^:y;h�,.
<br /> ��'�' � , . documentE�fedbyTiustor/nCOnnectlonwiththeloanevidencetlC �reNote. •, � -`���.
<br /> ;�;',;, Y r .
<br /> �, . ` ' (lj A vustee,receiver or llquldatpr o!the Tiust Prope►ry oi of Tiustor shall be appolnted�^afly of the creditas ot Tru�er ahall file a ; ,:: .
<br /> • `,,��;;;;;,: petitlon/n bank�uptcy agaJnst Tiustor,or tor the reorgaNzatlon ol Tiustor pursuant ta t4Q federal Bankruptcy Co�e.cr eny slmilar � .,,.:;�:
<br /> • °;�z' •. law,whether federa�or state,and!f such order or petition shall not be dlscha�ged or�a�lssed withln thlrfy(30)days elfer the date � . � .
<br /> . ' �, , , on whlch st�c."t.ordei or pedtlon was rted, � . �
<br /> .� (g) Tiusta a!;�F*se a petitlon pmsuant to the Federal Bankrupfcy Code oi any slMla�law,lederal or state,or it Tiustor shal!be , • . .
<br />. • � ' ad,�udge�a W�^KrapL v►bA deC/a�ed lnsolvent,ar shalt make an asstgnment fo�the benelit of creditors,or shall adm/t In wBtlng 1ts � � , •
<br /> . ,;;.:,; i'r.;I�i;r�;����irs debts as they Decome due,or shap consent fo the appolntment of a�eceiver of ap or arry paAOt ihe trust Pioperty, f �
<br /> � (h�.Er,d:�r�cy r�e.�i lor the Qayment of money shall be rer�de�ed agalnst Trustar and Tiustor�hail not discharge the Sama,ar cause it fo �
<br /> � be discherg��1 wlthln thlrty(30)days afte�the entry the�eof,ai shall npt appeal therefiom o�fiam fhe orde►,deCreA o�process upon ��
<br /> . � � whlch orFursu�,.�t to whlch said jadgment wes gra..:ad,based,or er:.�e,and secure a stay ol execut/o»pending such appea•l.�'� ;
<br /> .. . � p) Trostor shatl se;l:o�convey the Tiust Pioperty,o�any part the�eol,or a:;:�•��forest therein,or shall be�vested ol its tiUe,or arry 1r�r��t �
<br /> . � • ' therein,In ar,y cs�anne�o►way,whether voluntadty or InvolumarUy,w.�;�.°�'�he written consent o!Beneficlary being hir„t had an'd: .
<br /> ' obtalned,a ' ' �
<br /> �) If Trustoi Is a corpo�aUon or pa,',rre�shtp and more than li�r�percent(5Q°al ol the shares a benefictal lnterests ln sucn.ca�poi^.,:�a:a or ;
<br /> • part►iershlp,�S the case may be,sha1J be sansfened or ce�rr�aqed,w,"e•7s'e�voltrnta�lly alnvolantaaJy,without the wi�iten ea�sEr,t o! •
<br /> . Benellciary f�eir,g Y�rst had and obtalne0.� '
<br /> ' �28. ACCele�atlon afOe�t;Forec/osure.Upon the aocunence ol any Event cf G�r�ult,or any dme thpreaf��,r,E�nelrciary may,af its opacn: '
<br /> � � decta�e al/the inoebtedness secr�red he�eby Immedlately dea and payahle and the same shall bear inrerest et the detaulf rate,il any, ,
<br /> . set.la►th In the Nate,or othenvise at the h�ghest rate per.n�tted by law,and.inespechve o1 whether BeneUclery exe�cises sald aption,it
<br /> rn�y;at its option and!n Its sote dlsc�et/on,w�thaut any further notice a demand to o�upon trusror.do ane o�more ol the/ollowing;
<br /> (a) �eneflclary may enter upon,leke possesslon of,manage and ope►ate the 7•ust P�operty or�ny part thereol;m�ke repal�s and .
<br /> alte�adons and do any acts whlch Beneficiary deems prope�to protect the secur/ry fhereol.and elihe►wlth o1 without taking
<br /> , . � possesslon.In rta own name,sue fo►or olhenvise coltect and recetve rents,lssues and profits.ficluding those past due and unpald. '
<br /> " � and app�y the same,/ess costs and expensas ol ope�allon and caltecnan,lncluding�easunabte attomey fees snd Benel�e/ary's
<br /> ,- - - cosls,upon the Indebtedness secured he�eDy and in such oider as.Be»e�iciary may deto�mine.Upon�eCUesf ot Beneliclary,Trustor '
<br /> � ahall assemble and shall make avaifabte to Heneficiary any ol the Tiast P�operty which has been removed.The enteNng upon and
<br /> lak/ng possesslon of the Trust Pioperty.the collecSon ot any�ents,lssues and p�ahls,end the appticaUon thereof as afo�esald.shall
<br /> � not cuie or walve any default theretofore or the►eafter oocuning,or aRect any notice oJ detault or no6ce of safe hereunder or •
<br />� lnvalidate any act done pursuant ro any such natice.Norivithstand►ng Beneliciary's continuartce!n possess�on or receipt and
<br /> ' appllcation of r�ntS.IS5UB9 bt(1/01itS.6ene11clary shal!be enGded to exerclse evary�rght provldeB tor rn this Deed of Tiusf a�by law ,
<br /> upo»or aker the occa�rence o!an Event olOe/ault.lncluding tAe right ta exerclse the power ol sale.Any ol the achans,refened ta in ,
<br /> thls paragraph may 6e talrea by Beneliclary et such�me ss Be�eliCiary may detem►ine without reya�d to the adeqaacy ol any
<br /> ._....--- :v.-=_:_�_: . - -- - ----- - •
<br /> seCtuJfy/or tlie/nde6fedn�s S�curAdlr�I�Oy. . ._. _ -. -- _ - --
<br /> ' . � (b) Bene/iclary shaU.wlthout�egard to the gdeqttacy ol any secuNty!a ihe lndebtedness secured hgreby.be enbtled ta tne �
<br /> • eppotntment of e receive'r by eny caun havrng/u►tsdicdon,wlthaut notice,to take passesslon a1 p�otect,and manage the Trust .
<br /> ' Proye►ty end operate the same e►►d collecf the�enls,Issues and prolits therefiom. ,
<br /> (e) �eneftclary may brUg any ecUOn la arry court o%compete»t juilsdiciivn fv(o�ec(ose tlris Oeetl at Trusf ar errtarca eny otlhs �=
<br /> � - - *
<br /> covenaats Ae�eof. Y.
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