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<br /> .. 4-�` '. ` . p�TW1 rM�ANTS JIMO!.C�EItAllt'�t�t'[INit�xc�pt for.ths s�YCiqf MMr�t Qa�nl�d h�nb�t D�btot,N.or b
<br /> ;_�- ..__�` ;'- . '�.�r�e�.nt�t_CerMrd i�aca�d�l�r��t!hM Wf�wiif�l�!fN tit 1h�GQNaMN hre lrem arly idrN�t `` --
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<br /> ���� " .�� .� , � ����D tl»�tamt o►a fnMc»tltMreta t2)TMt no Fi�ncit+�StatNtMe�t otMr than otA�E FlrNnci�q 8tah- L ,
<br /> ` �P�Y 9�ta S�eund�e�ns�ihe Callaterat os aaY R�Q�thenof ta art Nlt trt anY WD�ic oHws
<br /> - ��t't� '• arW�thK at th�nlqu�st ot Saeurad P�RY.Oeb�or will executt an�dalivK to_Sacund�!'arty oa�or mors�Fieanet�q Sht�- ' =�
<br /> � w . � < , ��or Wher doaarwnls'pu�swu�t t0 th�i�i�brasks Unitor�n Comrnercial Code w!►ich�u�dNm�O b3►t!�5�cu�ad Pirlfi � . -�
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<br /> .-_ ' ,, : '� �p p�Ma�y or dMiraWs to th�attithnNnt,psrtectbn or conEinwtion of the pcurity lMK�s!QanUd hewr�d�.�it �.,_-
<br /> `. `'- -in 1am aatiMadorY ta S�curad putY.�d w i!!pay!h e�er.t o!i l l ise�s u c l�F t n a a c l n�Striem�nt���S�c�urit�J�r e�fi M�. --- ---
<br /> . � � any tsontlnwfiotl o[M1tn�itsallon atabenlent�nd Othe[documMts in an pua�c antees whN�vK lNkts is dNrtMd by�CUrlld . . -
<br /> , FaiHy to Os n�c�ssfry or dsairatite-artd it the Coltateraf is iittached!a real eatate p�tor to tt+s pKt�cti0n at th�s�c��tY ` �,.
<br /> � ' �n t t r a tg r a M�O M M b y d T I t�f 6 C O I I l t B A��R C I I I G A S C f O p i 0/O I I..S s s,a r m i n e r a t s t a b�t x t a c b d or ti�b�r to�cut, --
<br />- ` � t7�istos wNt.on d�mand of Secured Piriy.fumi�Secured�arty�nth s discta�mer or dlstlumtra or subordt�tion+�►�e-: �._
<br /> .. ' ---`,.. - . ' .. - n+�t si¢�d 69I aN pino��Aartn�an inte�ast in the►e�t ss�.disGaiminQ ar subadinatir�¢anY wtMnsl in the Co�ral =_
<br /> _ . . r: ..' ` �cl►is p�t o i M f i n e i r r�s t o f 8 e c u r e d F i*h►•t 3)N o t t o��1.t r a s i s l K o r d i�p o s e o t t t�C o i l a t�r s l.n a Wc�the san�or - _
<br /> . `` ._. . ,:-� - - slla�t to t�ke Me sanN trom the County rrRare k�pt a�sWted,wrtt�out the pribr writun ot tM Sscund PaAy.:...� . .. -
<br /> ' - , t!f}To P�at f�e�s arK!sMM�n»r�s a s�y n��xs which m�iy ea t�e or awst�e a�inft tlit �t -ts?��P�
<br /> . ac ag�sn�seMrst fi�n.�curitft inMr�s!or encumb�Ance wBatsoavsr upqn the Co1l�teral.irtd rwt to pKmit ttw►�ame
<br /> . F tp 4��or tMt�rin�d.(Sj Thaf thsCalfaterat is irt pood conddian and that.Debtar wflt at Ais a Aee awn�xpsn�s.
<br /> : -_ __ , i�Mp ttw same_ln�ood condition and irom time to tirtte._foRhwitb,replue sn0 npsir�t1 sucb parts of iAe Coltat�nt�s
<br />';.��;�._ .,;' � �y t1�proken.�rom or�t w:dama�II without aDowing any lien to be treated upon the CoitatMra�as accouat of sucn.:- -
<br /> ,�x�,� - ��rlacem�e�t or rop�irs.at�.t�at tttis SINCUrcd Partf/may examine and inspect!he Coilate►a!at any time.whereYer locsted- -
<br /> ;• �,,-:. � `� �7 That aeDtor will at hi!br het owrt e�pertse keep tRe coitateraf insured i�a company satistactory to Secured.E'arty . "�'-'— �v,.,,
<br /> •�::';J. .� . • • s�sinat toss,as approprlate,by theft,c.�r`.��sion,ti�e and extended coveiage,with loss peyaEte to Secured Psriy as its in- , _ -
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<br /> terest m�r:ppear,and vqilt on demars�f:�t+(er said policies of insurance or.fwnisb pronf nt such inaursnce t.o Secured. �. _
<br /> • _ ��`� �� Puty. (a) JSt It�option 5acunid Patty��;gy'�'flcure such insurance.discharge taxes, liens ar securiry interests ar otber . ��
<br /> � � �• encumbranas at any ttnrts tevisa or�7�a��o�c ihe�oliateral and may pay for the repair ot any damage or injury ta or .'�-�_
<br /> ' '��'-'� ' ' �':��'�:for t(rs pro�rvstton and m�intenanee°.'�.�-r:3tse Cc�[a�`eraf. Debtor agrees to reimburae Securad Party ott demend br any _
<br /> " '�'� ::':.�ayrri�nt or exp�nst inCUrred by Suai?�d Farcy pursuant to the toregotng authorization• Until such reimhuaement.the _
<br /> , ;;;:;,'� �� �:�:;ainouht of any such p�yment, w�th.ir�:est at the rate of 16'6 Der annum iram date ot paymenr until re��nburaement, . . _
<br /> f��. • - `f `� ,�'� ���half 04 sdQed to the incfebtedness g�.1 by Oebtor and�st+z�t�.aeaured hy this Agreemet�t- [9) That Oebtar wilt not
<br /> � � ' r,!_ ,'�� � '. µs¢the Coilaterel�ln viotation'ot ar.�:�plicabte statute, regulat�an or ordinartce and d any of the Ca1laTera! is motor ' , ,
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<br /> ,, � � t'� r,, .� ..;,'.;:yeitiCies;the same will not De rented rr,r:claed in rentat service rior in any speed ar endurance contest. , _
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<br /> • UNTft QlfAlJtt Oe4t�3�ftay hav��osse�sian�af the Collateral and use ii rn any lQwful manne�not ipcortsistent with_ �_,,._
<br /> ' • � ��`: r��''�" �•"�:�f�`fis.Ayreement and aat;:«fi�sistent with any poli�cy at.insurance thereon, aad upon detautt Secured Poriy shalt have � . _
<br /> • �':`�,�$i�°�``��'���`3be immedi�k�i9ht to ttro,pcissession of the Collateral. �_ ` •
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<br />• � ., �` -�-�!�:�;`r:.•• �•�.:•�:`_' • �ESTOR�NA�i. !IE IN DEFAUt'L under thls A,g�aement upan the happe�ing ot any:of the to�towing events ar s ,� �
<br /> • •�'�'��:��.� �condittons:(1) det�lutt in the paymeri:,;or pe�formance of any obltgat[on, covenant or Iisbiiti��.contained or referred t� I= . '�
<br />, f � �`,�`.�•;i�; �•, •�;r-•;herein ar in any note evidencing�the.sarne; (2) any warranty. �epresentation or financial stgtsmeilt made or furnished to � ��
<br /> - � ,+.,�� . � �� , . �' ; �S4curetd PaRy by or on behaff ot Oebtor Is d�scovered to have deen false in any materi�l-��QI�Gt:�!vhen made or fu�- f ___
<br /> "ri�shed; (3)�ny event wblch reautta or could resutt in the aaceteratfon of the maturity of the Indf�tzi�dn�as of Oebtor to ` _
<br /> �� � �,� . ` , �othera under any indenturs,agreement or underts.�king: (4) loss,theh,damage,destrucqon Sale ar.�e�r�:�tri6rance t�or of �
<br /> ' ��>,,;�� � '� any ot th�Collat�fal, o�thp makinQ ot any tevy, seizure or attachment,thereof or thereom �t� dp�„�fj'ssolution teim- F .
<br /> - - - � �natton ot eaistbncs,inaotvency,business farlure,appointment of a receiver of any part af;tli�:G'qiiat�i�t;assigAment tor � ..
<br /> � ��°�%"�� the benefita�creeiton by Qebtor.c-fhe Gommencement of any proceedings unQe�any=6r�i�Tiiptcy or;insotvency tA.ws r .
<br /> . by oragair�2 °�`btororany guarantcrt�+:5uretyfor Oebtor: -.,•°: "`"~;�' • , � � - s` ' t
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<br /> � UPON 5��4i OEFAtJ�t end at arfy'ime thereafter. or if it deems itseif fnsecure, Securt�Farty ma�;declare a(►C36ii- S •
<br /> . • :: �yations secc;.'8�hereby i,�^�m'�ediatefy Cue and payable-and snall have the remedies of�a Secure¢Parik�u�the Nebraska ; .._�,, �:
<br /> `;,.��sifprtn C6Atrnercial C�r�z. Secured Pasty may reqUire Oebtor to assembie ihe Coilateral and detiver•.er make it avaii- j ,
<br /> ,';;-' ' �•able to Secured Party at a place to�°_ designated by Secu�ed Party which is reasonahly.convenient to both paRies. . ;;�•�
<br /> •%"�' •• llntess the Coilateral i�penshable cr"�-,'°atens to declme speedity in value or is ot a ty�e�rustomarity sotd an a recog- ;
<br /> � �.vr..-:., . - ��
<br /> , . �:;.,�• ',;�izea market, SeCU►ed PaKy wilt givy �.ytor re�sortable notice ot the time and piace ui::.�v Dubiic sate thereof o►04
<br /> ' :3j'i8 time after which any pflvate salA�s�r a�her intended disposition thereot is to be mt�ct.-'t�ie requirements of roason- : _� :�.� �
<br /> � =. �3bte nolice ahatl he met 1f such notice is mai+ed, postage prepa�d,to the address of De�i��r:�tipa�n at the beginning of �
<br /> . •.�»i�ia agreement at least tbree bustness days betGre the time ot the sale ar dispositio�.' � :''��• �, ,,,,' . .. . _
<br /> • �� • , ,. �No waiver by Secured Parry ot any,Qelauit shall uperate as a waive�of any other defauti'a'rr�f�1�ip_i�r:e default on a
<br /> • � �� ".future occasion.The taking of th�s 5���:ity Agreoment shatl not waive or impair any ot3�en��l:f'.tii.nly a=+°3 Secured Party . , :i
<br /> ' ���'�' may have C�'?eteafte�acquire tor t`�.:;�3yrnent o1 the above indebtedness. nor shau tne•i;aisl�.�,;;tl zt'•1'suCh additional
<br /> - • ' f`�� � security wa,v�or impalr this Secur,cj�•;���emer.t; but sai0 fic+cui�9 Pany may resort ta a�r�::�a:fu'�'-y.2'�zY have trr.the
<br /> - � � order it m2y deem proper;and notw"�`ir:-�'wGirsa �.�'��, coltat-�:�� r-+;urity, SecureQ P�ny 9I+:=!i;!�=t�in +rs'rignts qt�s�2-off , .
<br /> , epain�t 0ebtor. . , • . � . � � "•' • . . .';'.
<br /> • Ali rlghU Of SeCUred �:}r"y hereunder shali ir�r::o the beneti!ot its successors And ass��n8: �'n�`ra+��romises and �,�,_,
<br /> duties oi Oebto��hell bina'his or her �eirs,De�sondl representatives or his. her or its sur,cfisSOts c,.r:���l�,�ns. If thert�be ' •4"
<br /> � ,. �;,',•;,,� moro th�R one Oebtov:fheir IiabitiAes rF�gunder sha11 bo joint�nd severa� � . � . •
<br /> --;�<'r. This Agreement shall become eff��si4r,9 when it is signed by Rebtor.A carbon,photac;�'}j�i�ir::or other�oproduation of
<br /> • . , , the slgned Securily Agrqement or Fir�Tdat;g Statemvnt m2y ba used as a Financinq St�tem�;r:° _
<br /> • � ADDENDUM '
<br /> The undersfgned, hereinatte� "Owner�Debtor'.•�•,er s nr h�s en interest in tho caliateral descnCed c��the reverse side '
<br /> � • ot this AgreemeM, but is not a party to the ct::ibat�un sccu�ed by this Agroement. By exec4��.�g�this Agreement.
<br /> � Owned.DebtOr undehake�no obligallor�tor repay.ment ui s:,ch obl�gation, but waives a'�.�,:'-t.'t�::%r�nd intvrest in and
<br /> . to �aid collaterdl to provide secunr��tor pertormanc�. or ti:r•: ;bfiq�tion. All prov�s�crr: ��f�t#�is Agre�ment ap�ty to
<br /> � �°:%,'`. OWne�/Oebtor and the term"Debtor'aS usod ir�this�1_ir,.E•._:=�•n�:and tiny �CCOrnp�r�yin� f•:�r:-.c�ng St�te►nvnt reS��i3 tul- �
<br /> . � '., Iectivetyto0ebtor,Owner/Debtororbotnasthecr.��°��,:���� �r��r��,�re , �
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