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_•� ;'I,7 `{ d t} .`;i ,ti�, �.1°, j'k` ��t}, y,, ti �� ���:� .:rrs • � ,. .. ,�ll.. 7r% �' ` �,sl_i .(t�=�:_ <br /> �.,�.:5� ,���._.d � n�iyf` �,. -s�.+�)� '��eti•�i�ti '+ .. ��._�� � "dR�� �+�d�x—_ . - <br /> �_.�... <br /> . ,�;�;:F,� t�i15P," . _ r..u..:.. _-_•- -- _- " <br /> f` � ._,....-- . . . ` '°- . <br /> . ,����.».�>.� .-� ... <br /> . �.—._.o►,.�� ,.�.�^ - - � s�.,-_._ -_°- <br /> �� ���.� .�:_:�-� <br /> , • � � 1�, Cqyorn�nta o/Tivator w!d►Respec/ro Lwses.Wllhout the p►!a w►lJten conaent of BensNclary;7' or ahal!not,dlrecdy a Indlncdy, � <br /> . vrlth raap�cf to�rry loas�of spaco In NN Tiutt Piop�►ty,w�ny po►tlon tl+oreol, whetlwr such faoso ls now or haaalta U�xl�ta�o�: ��.�-�_.- <br /> � �� ^� •` � (a) Acr.apt a porm�t�ny pnpayrtwnf,dpcount a�dvanco p�ynwr+t of iant h�raundor In exco�s o�ono month, �_�;.s;,��. <br /> � � � "�"""� u (b) C�ncal a Nrminate th�aema,a�cc�pt any a�ncolledon,torm/na d on a sunen d er I h a r�o f,a p e r m l t�n y e w n t ro o c c u r w l d ch woWd � <br /> '. ; �. . , � oacu►dwroundoi to tom►lnrte a c�nca Nw samo,othsr Man terminedon la nanpayment ol rent, � _u- <br /> ;>.. •-'�.I i. (Q) qmend a modlly tha s�mo to�s tc nduc�fh�tam IIwr�W.1h�►N►hl pay�bl�fh�nundor,a to ohanpe any nn�wd provlr� <br /> � " �'"''`• fheraln contalrwd. � <br /> . , ,�:. <br /> b '°'., (d) Waive any default the►eunda►or breaCh M�►6of, �— <br /> �'" ° (e) plve gny consont,welve►or approvel fhe�eunder or I�ke eny othe�ectlon!n connectlon Iherewlth,a wlth e leaa�fhoroundai,whloh - <br /> �• '� "' would hav�tho e//rct o!lmpNdng tlis value d tlw INtrx'i lntwost►h�rwndor a tha propaty aub/ecf thsr�to,a of impal►lnp PM _ <br /> :: -. =- � : - -_-.., - posldon or Interest ol BerteRclary Me►eln,a --� <br /> _ .._.---�_ <br /> ; e�' .. (� Sel/,asslpn,PfedDe,mafpape a oth�►wls�dl�poss ol,a encumbor!ta Interoat ln any saJd laeso a�ny nnts.lasuaa,ProBtt IuWnp - <br /> . • a adslny thereunder. - <br />�•,'-1 17. We�ver ol Sfetute o/L!mltedons.Tlme!s of the essence In all o/Truata's obllQndons and dudes Iwreunder;and to fha extenf permltted <br /> � by lew,Tiustor weives all present a luluro atatutes o/Nmltatlons wlth respect to enY debt,demend a obllgadon aecwod h�nby�nd <br /> • • any acdon or procesdlnp/a the pwpose ol en/acln�t�ls DBed o/Tiust a any rlphts a remedles contalned hereln. <br /> •• 18. Aasignrnent ol Deposlts.ln the event conshucdon o/Improvements!s contempfaled by the foan evldenced by the Note secured <br /> , ,� hereby,as additlonal securlty fheielo�e,�iustor hereby translers and asslgns to Benellclary,all dght,NHe and lnterest to eny ond dl � __ <br /> . . ^'�� �� • monJes deposlted by a on behell of 7rustar wlth eny c(ty,counry.pub!!c body a agency,sanitery dlsMct,udllty compeny,and <br /> _.- eny othwr body w agoncy.for the lnstelfadon o►to secure the lnstallatlon ol eny uNllty Dy Tiustor,pertalnlnq to the Tiust Pioperry. <br /> ,, �� . ,,�� �',., 1p. Corpo►adon or Pa►tnerahlp Existence.11 Tivaroi ls a corporallon,general paAne►sh/p,or Ilmited parfne�shlp,!f w(q do eff things _ <br /> " " ' . necessery to preserve Its co�porate or peRnor�hlp exlste�a,as the ceso may be,end all rlphts and pdWlepes undar ths laws of fho <br /> • atete of!te lncaporadon a oryaMzadon. <br /> • :• .,. . _ Z0. Fabearance by BeneNclary Not a Weiver.My lorbea�ance by BeneHclary In exe►clalnp any dpht or remedy hereunder,a otherwls� __ <br /> eflorded Dy appYcaWe law,shalf not be a weiver o/or preclude the exe�clse ol any such�lght or remedy. The procurement ol � <br /> � .. Insurance or the payment o/taxes a the dlscha��e o/Ilens or charpes by Banelkiery shall not be a walver ol BorwNclary's r1 pht ro y=_ <br /> accelerete the matudty ol fhe Indebtedness. __ <br /> 21. Remedfes Cumuladve.All remedles provlded In thls Oaed o/Trust are dlsdnct and cumuladve to any othar dghf a rwnady under thls <br /> '��' �• Oeed ot Trust a aI/aded by law a equlry,end may be exerclsed concunently,lndependenNy ar successlvely. � <br /> �:w:,:..-- <br /> 22. Successas and Asslgns Bound;Jdnt end Seveial UablNty;Cepdons. The covenanta and agreements here►n contalned ahall bind,and r':r'',; <br /> .,w.t: <br /> • the rlghts hereundershalllnure to,fhe respective succeasors end asslgns ol Bene/iclary,Tiustee,and Tivaror.All covenants and �-=``''� <br /> agreements of Tiustor ahall be/dnt and several.The capdons end headings o/fhe pwe�raphs o/thls Dead o/Tiust are fa �.�'��� <br /> ; • conveMence only and are nof to be used to lnterpret a deflne the provJslons hereol. •� <br /> ° 29. Nodce.Except for any notice requlred under appllcable law to be glven!n another manner,(a)eny nodce to Tiusto►piovided/or Jn thl� J ,__;_ <br /> Deed ol Trust shal/be given by malling such noUce by cerdNed mall,reWm recelpt iequestad addresaed to Tiustoi af!ta malling �=�°"� . <br /> addiess set toRh above a et such other eddress es Tiusfa may desl8nate by nodce to 8ene/Iclary as provlded heieln,and(b)any ..��,`,.;;��'� <br /> nodce to Benellclary or Trustee shall be given by cerNBed mal1,retum recelpt requested,to BeneNclary's and Tiustee's melNng -•�•�-� <br /> ::F%ii.. :�:.�:- <br /> � - address steted herelrt a tn vuch other address as BeneNclary or Tiusfee may desJgnate by notice to Tiustor as provided herein.My ��Y.,�,,::�',_ <br /> v � nodce provided for In thls Deed of Trust shall be deemed ro/wve been ylven to Trustor,Benellclary or Tiustee whan�rvon in tho �°��-� <br /> � manner deslgnated hereln. `���lm ��' - <br /> ��� 2�. Qoveming Law;Severablllty.This Deed ol Tivat shall be governed by the laws ol the State ol Nebraske.In the event any provislon or •:v <br /> clause o►thls Oeed ol Tiust con/Nc1s wlth appllcable lew,such confllct shall nof aNect other proWslons o/thls Deed o/Tiust whlch can , . ,.� <br /> be glven eNec/wlthout tha conplcUng provlslons and to thls end the provlslons o�[hls Deed o/Tiust are dealared to be severable. �� •.. <br /> ' 26. Events o�De1auN. Each ol tho/ollowlny occunences ahall constltufo an event o!defaull hereunder,(herelnalter called en"Event '��''`•`� � <br /> of De/aulY): '�'�.'`i,�:'= <br /> •� (a) Trustor shell lall to pay when due any princJpal,interesf,or prJnclpal and lnte►es[on the Indebtedness, � ��.:t, <br /> � (b) Any werranty ol tide made by Tiustor herein shall be unnue, • `'� <br /> (c) Tiustor shall le►I to observe or pedorm any o!the covenants,egreements,or condltlons!n thls Deed o/Tiust, <br /> (d) My►epresentat/on or wanenty mede by Trustor on any llnanclal statements a reports submltted to Benelicls.ry by or on beheH ol � , � <br /> Truator ahall prave lalse or meterlalty misleading, � <br /> •• ° (e) Tiustorshall la!l to porform or oDserve any ol the covenents,condidons or ag►eements contaJned/n,or binding upon Trustor under ,�- <br /> any bullding loan a�7reement,securNy agreement,loen agreement,llnancing srateme�t,or any other aq►eement,lnsbument or .,�� <br /> ' document execated by Tiustor In connecHon wUh the loan evldenced by the Note, - <br /> " (n A bustee,recelver or 1lquldator o�the Trust Properfy or o!Trustor shall be appolnted,or any of lhe ciedltors ol Tiustor shall Ble e :":a <br /> peHtlon fn bankruptcy egalnst Trustor,or!or fhe reorqanlzetbn ol Tiustor pwsuant to the Federal Bankruptcy Code,o►any slmllar . ,;�;-Y <br /> law,whefher lede►al or state,and 1l such order or petlNon shal!not be dische�ped or dlsmissed wlthln thlrfy(30)days alter the dat6 • . •�: <br /> on whlch such orde►orpetltlon was Illed, � ����•'�'� <br /> . (p) Tiustor shall Ble a petlUon pursuant to the Federal Bankruptcy Code or any slmi/ar law,lederal or state,a if Trustor shall be • �;'" <br /> " adJudged e benkrupt,or be declaied lnsolvent,or shall make an esslgnment!or the benellt ol c�edlto►s,or shall admlt!n wrltlng!ts � �,.,,, <br /> � lnabilNy to pay Its debts es they become due,or shell consent to the appolntment ol e recelver ol all or any parf o/the Tiust Properly, t <br /> (h) Flnal�udgment for the payment o/money shaU be rendered against Trusror and Trustor shall not dlscharpe the seme,or ceuse!f to L <br /> . be dJschaiged, w(thfn th/Ay/30)days a8er the entry thereof,or shall not eppeal therelrom or lrom the order,decree or process upon f • . <br /> whlch or pu�suant to whlch sald judgment was grented,based,or entered,and secure e stay o!executlon pending such appeal, , <br /> ' (I) Tiustor shell sell or convey the Trusf Properfy,or any paR thereof,or any interes[thereln,or shall be dlvested ollts tltle,or any lnferest � � <br /> ' Me►eln,ln any manner or way,whether voluntarlly or fnvoluntailly,without fhe written consent ol Benellcfary belnq lirst had and <br /> obtalned,o� � <br /> '. Q) ll Trusfor!s a corporedon or parfnershlp end more than lilty percent(50°io)o!the shares or beneflclal Interests in such corporation or . <br /> parine►shlp,as the case may be,shell be banslerred orCOnveyed,whether voluntarily orinvoluntarlly,withouf the wntten consent ol . <br /> Bene!(clary being prst had and obte►ned. <br /> 26. Acceleratlon o/Debh Foreclosure. Upon the occurrence o!any Event ol Delault,or any time therealter,Bene!(clary may,at!fs opNon, <br /> decla►e aU the Indebtedness secured hereby(mmedlatety due and payable and the same shall bear interest at the delault rate,il any, <br /> set IoAh in the Note,or ofhe►w/se at fhe hlghest rete pe�mrtied by law,and,irrespective o/whether Benepclary exerclses sald optlon,it � <br /> mey,af!fs option and in!fs so/e discretlon,wlfhout any lurther notice or demand to or upon T►ustor,do ono or more of the following; <br /> (a) Benellclary may enter upon,take possess/on o!,manage and operate fhe Trust Property or any part thereol;make repairs and <br /> alteratlons and do any acts which Bene!lciary deems proper to protect the securiry thereol,and either with or without tek�ng <br /> possession,ln its own name,sue lor or othe►wise co/lect and receive►enfs,issues and prolits,including those pasf due and unpaid, <br /> . n_ _t� <br /> and apply the same,les5 COSfs entl expenses o►ope/a0on anci coiieciion, incivtimy�vas0i�d`uiv duGinvr iooa aiw YOIIQIW�P�J,J <br /> costs,upon the Indebtedness secured hereby and rn such order as Bene/iciary may determine. Upon request of Beneliciary,Trus►or <br /> shall assemble and shall make available to Beneliciery any ol the Trust Prope►ty wh�ch has been removed. fhe entenng upon and <br /> tak(ng possession of the Trust Property,the collectior ol any rents,issues and p�of�ts,and the applicahon thereol as aloresaid,shalf <br /> not cure o►waNe any delault fherefofore or fhereaRer occurnng,or aNect any notice of default or notice o/sale hereunder or <br /> invalidate any act done pu►suant to any such nohce. Notwithsfand�ng Benehc�pry's conf�nuance rn possession or receipf and <br /> application ot rents,issuos or profits, Benel�aary shall be enhtled to exerc�se every nght p�owded�or in th�s Deed ot Trust or by lew <br /> � �� upon or a/fer the occurrence or an tvent o►uefeuil.�ncivJ�uy tl�a���rt Pc exerc�sc�h�;.otiver�!sa!e. Any nl�ha rrhnnc refe►red to m <br /> th(s parag►aph may be taken by Bene/iciary at such hme as Benel�c�ary may defe�m�ne wrthout reyura to Ihe odequacy of any <br /> security lor fhe Indebtedness secured hereby. <br /> (b) Beneliaary shall.without regard ro the adequacy o►any secunry for fhe Indebtedness secured liereby.be entitfed to the <br /> appointment ol a�ecerver by any court havmg�unsd�chon,wrthout not�ce, to take pussoss�on of,protect,dnd manage the Trust <br /> Property and operate the seme and co119cf fhe rents,Issues and prolrts fherefrom <br /> (c) Benehciary may bnng any achon m any court o/competenf►unsd�cdon►o foreclose th�s Deed ol Trust or enforce any ot fhe I <br /> �'{j covenants hereol <br /> � ' , - - - _ <br />