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<br /> ��4 .�. l�c ' � �' . . . � . " . . a - � _ . `
<br /> J..� �_ , td�,•L'�ww�.aRtrrwlor�IlhAw�p�d�a�w+�.'wllhoi�t�MpdarwA�lrncmr�xdB�rt�laryr.tnalor�na4dh�.'M�►atnaf�ec�►►, .
<br /> ' � �,�,�iiprd�o.,�r�.�.at,p�.a��r,r�t�n.tRc�prr+r..��l►v«�on11�r�ol.rrr�Nru�r,uanw...snoworb.�.+rMrr,ia.x�.�rx,� �
<br /> � hl) �a►P�►��YP!�Pl�l��dreountor�dwnc�p�yn�tdr�thrrur►d,rlh�xcKSOton�re�orNh. . �` ._
<br /> � � (b,) C�nc�/a[wn�irNlsMts�.aacapt+nYcanc�NY�on.�w�o�►�aaurrwrdatl�r�ol.aPNndfanY�wntlboccurwh�CA�o+/d
<br /> oCCUr t�M�ndMb Airtete�otCanCN fM saif�.o(hM ENan lrnnir��a►1�0►nOnpaym�nt W�a+if.
<br /> (c) MnndaaioaWl►th�aam�aoalbntlucttf�lwlntl�r�o/.Mrsrsnh�lpal►ablsthsro�xx��atbcM+►QeanYn�n+w'a►OroWakr�a
<br /> �Mr�A�oon�d.` . � _ � �
<br /> � !d1 Mratr�arry dMu�t M�ersu�d�rwbreach tMreol. '
<br /> ft) GiMS anYcoas�waiwra approvd d�nu►�dera tsk�anYatMr acbat tn connecdiai therewfeh.a witl�a/esses thirourrdsr.whkti
<br /> wald MNS�M MRect olh�patr��hs vM�olths k�sor's l�nrst Msreundsr a fhe�xoperty►sut�ec!d�sreto.a oitmpeilJng lhe
<br /> , -. - porl�fo+►orin�asstdB�nNFclaryEh�ceJ�►.a .
<br /> (Ij s.r►.+�.pled�s moRyage aotAe�w�s�d�p�s"a.or e�rcwnbectts b,t�eresr&�any safd rease a any rsr�.issues.pto�tsl�uk►g ---___ . . __.
<br /> or arfslr�Ure+eu�de►. --
<br /> � 17. Waiverd�o/LJrrrboons.l7ms l�d the essenceinarof Tiast�s obligatia�.s and d�des her�urtder,and tb Me extent perrNKe�f �.`-�-_.
<br /> - � Dy/aw.TnrsNx wai�s a�pe�sanf or fi�dx+s sta�Ass ofirr�dor�s wAh rospect to anY deb�demarrd a ob�+gaAbr►ssc�►ed heraby$nd _' `----
<br /> ary scE�prtoipracesd3n9 b►fhepu►pate derrbncln9 this Deed at Treutoreryrl9hts artemedFss containedherein.
<br /> -- Ly- �9.Asa�gr,menra��e�ao,�ts.rn u,e e+iw�c ca.�savcbar►dr�r�srner�;s coneemplsteder are asn ewaeoced ay tt�,e nl�ce seared ��
<br /> . _ � /��bir,ea sddl�a�all�ecur�Y�relior�Trra�lterebYtr�rs and assT9rts[a Ber►efFcJary.aM ri9h�title and intemst te any and aM _
<br /> °- mor�ss d�epoNted bYaan bsNal/d TrwsAor whhariY�Y�,P���Y a�Y,senitarYdis���[Y�►P�Y,�d _
<br /> ary.ofNerbody ors�ency.lfor Me instaYadon orto secare the instaN�ion o1 ary u�iry bY Trustor.pertaTning to ihe Tiust Pmperty. __ -
<br /> �. 19: t.�nrporstion orParCieish/p Ea3s(er►ce N TrusMrls a corpordtiw►.9er�al pa�0�erst�i�or6mlted ParMeishiP.it wrTl do a0 tlungs �__ —
<br />...s:;, � 'rieees�yro prsse►vs its aorpara�e orPartnershlP ez�rres.as tAe case may be,an�aNdghts end p�ivNeges uriderihe/aws ot the ----
<br /> -- a�aesofitshxaorpolsaarrororyar�fzaabra �- _
<br /> r . . . .�,,.�,.,,,,..,,
<br /> t�: 20 Farb�arancs bY Bene�y N6t a Weiv�er.AnY Aarbsarance bY B�arY fn ex�is�rg'anY ni9bi a r6�rttedy fteret�nder.orWherwlse "�-= -
<br /> .r.� alFadsd OY aPPitcaDls tar,s$altarut bs e wetver�or p�ecluds tha exe�dse aI arry►�tr rigM a r�medy.The procuremern o! I�•���.
<br /> k�u�a�rMepayme+�to�taiaasor�,eaucr�argeaNer►sarcnargesay�errer�sfraAr�oreeawei�r�aBene�iClsrjra►Tgnrm .�..�;-,�.-
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<br /> "`�{, OCCIIOrA(Of(JB!�/nY0/Lh!Q.►ltdAblbd�fBSS. . �"'U--
<br /> � 21. Rsmsr�te"s 4'�rr�u/atirs.AN remecltea proride�d ln MIs Osed o1 Tnrst are�and cumula6ve to ar�y otlrer rrgM a ren►edy urrder�his •c_�3��_. -
<br /> ' . • D�sd af.�nrsEa albrded by/aw ar equit�,ea?d maY De exer+clsed c�ancurentfy,Jndependen(fy ar sr.�ceasivsljl. • : . � —
<br /> 4,..+ E�4�Ai�..�..
<br />, �, '' a�C6SSOf5�Ild/�tJ�lls BOflI1d;�lOIf7I813�$2t!Q/81�I86�t)/;Ci8pd0�►�.T�1B COYbI18A(s 8Rd 8(Jl�B!!1@�IIS ElE/a/ACO►�►falRfQd 8/lill b�?�8f7d �.
<br /> • :tl�e rtghf�Nereimde►shal!Innre to.the resj7ecGiv�success�5 artd assigns v!Beneflc3ary,Trrrste�,an¢,tnistor.�411 oavenams and �,���,.�� ,�;,�,,_
<br /> `:' . ..,._ aqreemertGC olTnrsrorshalJ be Jolnt and se�l.Thec�f'a.�sand headingsaf the ParagraRhs ai.thls Li�ed otTrtfs'"are for ��. �. .•.��
<br /> . :.. � r.-
<br /> .`.;,, � f _ =cui�'ver►�ria0uRlyandare not fO De usdd tolnt9rplet�'a�i*r�Ttae�onshereot. '.�- ' ` - �' ;• '�
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<br /> '�� l ' 23. N�Uc�EkcelPt ta any nodce reqdred urrderapplicable iaw ta be g+ver in another manner,{a)argr.�au�e ta Trrrsta provided firin thls ;�,�k
<br /> '� �3; : .. tked vf Ih�,stshalf be glven bymaiGngsca�fi notice by cer�e4rhal,•ra�receipt reyuested aBAessedtq Tiu�tiOrat its ma�Nng :�;��Y��, --.�.
<br /> ,,�,.;: ;,rt -
<br /> ; �"aQdIBSSSBtf6ftJ16bOV6tlr�tSflCAOtlfE1'8il�1@5Ss1STlllSt9T•R72y�6.S1¢n3f8by1�Gt�tD9f�gE1i8(ICi31y�'�lOVidC¢31811@1q,8/1d(h,I&1�l ••t'.;ft""`" �:,
<br /> ti ., : �:� :"rio�fceta$erreBcla►Y.or T�ahell be g7�n by c�e��l,r�.*5m racely�lreg'.�ested ta 8eneficiar�s and.Trusl�e matHng ' . � `3 � , --
<br /> , • �'�.�-' :.-�,idress stet+�f�ersin cr�s✓cfr ofher address as Ber�eSc�yasTrusise may�esignate by noD�ce to 7lustor as provided hereJn My . � � _-
<br /> 1 ` �' �otics�d forin dNs O�eed olTn�at shaN ba deemed to have been given to Trustor.Benetkfary a Tnrstea when givenln Nie .r��--
<br /> � - manner designated hereln. �y�'.-
<br /> � 24. Qovemtrrp Law:Se�abllYry•Th19 aeed n1 Tiust sha!!be govemed by ihB/aws of tha State ol Neb�aska!n the event any provfsfon a �r��:��
<br /> � '- claras ot thls O�eed ol Trust Ca�Hicfs wlfh appNcabfe law,soch conNlctsha/l rat alfect othar provls/ons ot thls Ot�ed ol Trust whkh can _�'�"_'-`
<br /> ' �°• bs glve�+elAect wltho�t the ca��kang provlsrons and ro lh/s end the Provislons oi thls Deed of Trust are declared ta ba seYerable. ` `•�-`. `
<br /> � ' 25. Eventa ol DefaulG Each o!(he fo/lowing occuRences ahall consGtute an event ol detault hereunder,(IMielnaller called an"EveM • .
<br /> �' . aDe/au�Yl: �
<br /> - (aj TrustorshaJl fail to pay when due any princlpai,interest,or pdnc/paf and interest on the lndeDtedness, . _
<br /> �,x` .� (D) My wanenry ol tltle made by Trustor herefn shail De untrue. • �
<br /> _ (o) Tiu,ttorahaN lail to abserve a perlorm eny of the cavenants,agreements,or condidons Jn thls Deed of Tiust , _
<br /> � (d) Myropres�ntatMn oi wananry made by Tiustor on any financlal atatements o►repons submltted to BeneHciary by a on behaHo/ , �:, :�
<br /> Truato►ahd!prove fafse a matedalq rMsleading, • • ,. _
<br /> • (s) 7rwtorshall/aif b peAon»a observe any ol the covenants,co►rdlNons or agreementa cantalaed/n,orWnding upon Truator under _ _
<br /> - =Y-='' !' any balld/ng loan agraement,secamy agreement,loan agreement,flnanCing atatement,or any other agreemenG Insbument or .
<br /> ��-�"�� docur�eM exeCUted by Tiusto►In cortnectlon with the loan evfdenCed by the Note,
<br /> � _��� �,: . . ,
<br /> �- (n A bustee,iecelver a!lqu/dator o!the Trust Prope►ry orof Tiusto►shall be appolnted.or any ot the creditas ol Tiustor ahafl lile a , _
<br /> � .� ` .�,: peddon ln bankroptcy agalnst 7rusta,or for the►eorganlzallon ot Tiustoi pursuant ro the Federal Bankntptcy Code,a any s/mllar :
<br /> • ' - law,whether federa!or atate,and I1 such orde�or peHdon shall not be dlscharged or dlsmissed withln thlrry(30)days after the date •
<br /> on whfch such ader a petiHat was filed, �
<br /> � � � � (g) Tiustorahall fl/e a petlNon pmsusnt to the FedeialBAnkruptcy Coda or any stmllar law,lederpl ar state,or I!Trusta shall be ,. ' _,
<br /> - . �,: �.�- : adJudged a bankrup�o�be declared Insolvent o�shall make an ass/gnmenf Inr ihe benefit o!credlto�s,or ahall admlf in wMing!ts .
<br /> . -- • 1naW/iry to pay lts debts as they became due,o�shall consent to ihe appo/ntment of a receiver o1 a0 or any part of the Tiust Pioperty, � ,',..
<br /> - m=.�� (h) Flnal/udgment lor the payment of moneyshal!be rendered agalnst Tiustor and Trusta shall not dlscharge the same,o►cause/t fo . �
<br /> -� _�,�:
<br /> • � s:�,4i; bs d/schaiged,wfthin thl�ty(30)days after the entry thereof,oi sha/J aot eppeal iherelrom or l�om the o�de�deeree or p�ocess upon
<br /> ;`:�-'�-�.. ' • wh/ch a�ant fo whJch said Judgment was granted,based,or entered,and secu�e a stay of executJon pending such appeal,
<br /> . _ _ ''`�`:': (ij Tiustorshar7 seU or convey the 7rusf Property,or any pan thereof,o�any inte�est thereln,or shaU be dlvested of i�s tlUe,oi any 1nte�est
<br /> ��_._ ,.�,1 P
<br /> . �,r:. ,.�' thereln,ra arry manner oi way,whethe�vduntarlty or involantarity,wJthoet the written consent of Beneficlary bei*rg Tiisf had and i ' �
<br /> - ���_�_:�.�.:�;#�;,. obtalne0.�r i
<br /> • r<•.:.;'�-., : ,..� (J) If Tiusta is a corporatlon or parme�sh/p and more than fifry percent(50%)ol the shares o►beneficlaJ lnterests In sueh corporation or .
<br /> j4'.,�.'_.. ;` partnership,as the case may be,shaH be lranslened or conveyed.whether vo/untarily or�nvo►untarity,wNhaut the wrlflen consent of . .
<br /> "" . Benellclary being flrst had and obtalned. � ,
<br /> =ii.i:.'.
<br /> ,;._.:�._;�,� �., � - 2B. Accele�atlon ot Debt;Foreclosu�e.lipon fhe occunence ol any Evenf of Oelault,o�any Ume thereafter,BenelJClary may,at 1ts opUon, i� •
<br /> '.':':;`�-'`�:' declare all the lndebtedness secwed he►eby Immedlatety due and payable and the same shalf bear Uterest at Me delaWt rate,it any.
<br /> � �`'-''•- set fath In the Note,or otherwJse at the hlghast�ate permNted by law,and,Inespective ol whethe�8enel/Clary exerclses seid opdan,i1 �
<br /> � . . . may,at!ts opNon end!n�ta sole dlscretJon,wlthout any fuRher nobce or rlemand to or epon 7rustor,do one or more o/!he following; � .
<br /> • ' (a) Beneflc�ary may enter upon,take possesslan of,manage an�operafe the Tiust P.operty or any paR thereof:maKe repairs and .
<br /> • � ' . .' � aHerallons and do any acts whlch Benellclary deems p�oper to protect the secu�lry thereol,arrd elther with or without taking I
<br /> � possession,ln!ts own name,sue to�or olherwlse collect end recelve rents.Jssues end profits,inc/uding those past due snd unpald, i
<br /> • ------ . � snd apply the same,less cosfs and expenses ol operatlon arrd coifecUOn,Mc/uding�easonab/e attomey fees and Beneficlary's { _
<br /> costs,upon the fndebfedness seca�ed hereby and�n se�ch order as Benerc+ary may determine.Upon�equest al 8eneficlary,Tiusta ,
<br /> � - • � ahall assemble and shal!make availab/e to Benehclary�ny af trt8 trust Piaperty wh/ch has been remaved.T�eMedng upa»and � - �
<br /> ' ` taking possesslon of the 1�ust Prope►?y,the coNecilon ol eny rerrts,r:sues and p�of'�ts,and the 2ppllcation ihereo!as alaesaid,shell �
<br />, �;.t�;, not cure cr walve atty delauQ theietRfore ar theiee/te►occumng,Gr2�'8ct any notice ol default cr r�oiice of sa9 hereunder or ; '
<br />. - . „. lnvaltdate arry aot Cone puisuant to any such noUce.NotwithstarC.fr.g Beneliciary's canunu�rrce;rt possess:an o��ecelpf and . ,
<br /> , . appltcaUon ol ienfs.issues oi prolits,Beneliciary shall be eniitla0 to 9xa�clse every rlght provided!or irt this Q�+30 of Tiast o►6y law ;,.;;;
<br /> � upon or alter the occu�rence of an Event of�elauit includfiq ih9+�ght to exerolse the power ol sale.My cl ii%e:actlons��/ene9 to!n ���;,•
<br /> � •, • ` � thls peragraph may be taken by Beneflclary at such Ume as Bere`�:,3ry may determine wlthout reggrd to the adequacy o!any .
<br /> ��.
<br /> _ =-- =- -y=�--=— sesur�lyfartholr�rfttbtodrta�sseceucdltatetyti . . . . _
<br /> ° , ' (b) BeneNclary shad,wlthout iega�d to the adequacy ot arry secudty'fCt the Indebtedness secured!*rreby,be enUUed to the �W�~
<br /> _ appolnUner►t o!e recetver by any coun hav/ngr/u�lsdlctlon,wfthout noUce,to fake possesston of,pratect.an8 manage the 1'iust .
<br /> Piaperry anB oper&te the same and cd/ect 1he rents,lssues and prof'ds therefiom. � �
<br /> � �;. , , -- • (cj-Benel'iclarymay bdng any actiat Inanycov�t ot competentJ�dsdlctlon tofoieclas�r thls t)eed ot Tiust or enforce any of the- - - - - ,
<br /> " , . , . , covenants he�eol. _ -
<br />
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