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<br /> „�._. - 1�. Cov�nuttd ol lYus[or w/fh R�spect ho Lus�e.Wltbout fh�p►lo►wr!lten conMM of B�+Ilclary,�atbr a1NW not�dnvrY a►l�►dhc11Y,
<br /> w�a„�r�ro u►y r�.•a,rwc�!n tl�Tnut Propa+ty,a any poroFCr�d►wool,whKAa wch Niss�k now ar h�»alar in�xl�Nno�:
<br /> ' (y ilcc�pt a p�m�t anY P+rP+Yr►wn►. ditcount a adv�xa paymrrKW nnt fNr�und�r In�xc�ol a►e mond►,
<br /> •.J.,; (61 C�v►cN a t�nNna ro 1srM��a car►cN tMywrN,��w►t�mMnatlor►fbr�Yr►wn►d nnt�t�ny wrnt p occur wl�lcb�a�ld
<br /> ' occw tMround�r ,
<br /> ---------- - (01 ��tM��o u on ndua d+�tMm tlnnol�tM rwwl pryabf�tl�nundW,ar to ofwp��ny�wMwM p�lorM
<br /> �3�: • (d) Wi�iw any dNault tl�wwndM a bn�aA tharwl,
<br /> i:� ', q•�
<br /> � ,:� ° (�) QJw�ny cons�nt walve►a approv�l fhe»w►dar a tdta any dtwr actlon ln cann�clbn thrnwlfh,or w!M a hs�a th�nw�d�r.which
<br /> • w�atld haw tM�Mrcr ollmpdriny tla vNw ol dw Nua a Int�nst�r►dv a th�prapnly�uql�ot d�nto,a ol N►�pafri�p d►�
<br /> : poato�on a i�nst ol B�neliclary oh�ro4�.a -
<br /> ._,,.,��,,�� (0 sd►.a�an,�dpe�rt�oitpape a ooh�rw/s�dlpws�o%a w�cuma.r as�onu m any sa�a a�.w a ar►y m�a.i,wa.�a r�np .
<br /> �tc_4 4_�,,� or a�lalnp thenunde►.
<br /> „�,�._,,,,�,��. � 17. Wilvw ot Stetute of UmluNons.Tlrrwls o/the essenc�!n a!10l Trtwtw'a obYpatbna�nd dudes henund�r.and ro Urs�xnnt psrnNttrd
<br /> ;r„E�;, °, by law�TiwEVr wdws eYpresant or luturo atatutaa of WNtatlaw with rrsp�ct 10 any dsOt.dunand a obJlQa�a►�acw�d Mroby snd
<br /> �;+::�^•-'�,,,y any acdan a procaedfny►a�Nw purposa olonfaclnp d►!s Deod M Tiust or�ny dDhrs aremedl�s�a�hVnod hereln.
<br /> -- . �'•'°=� �.. �. � 18. Assipnmer�of Oeposlts.ln tM eve�t constrtrcUon ol lmprovemenls Is contemplated 6y H►e IoAn ev►dvnced by the Akta s�cw�d -
<br /> " ��� l�eroby,es adelolonel securtry there/ae,rrwror nereey a.,,sre,a and esy9ns ro eor,enc�ary,l�ll dpM, tldo and lni�west fo any and aY
<br /> '�F�-�"*�=� mq�las deposltod by or an behall 01 Tiusta wld►any clry.cow�ty,publlc body a ayency.sanitary dlshkt.utlNly comR�K�
<br /> "':�r:�"�",` N any other body a eyency,for the lrrshllatlor►a ro secure fhe lnsidlatlor►d sny uNlity by Trustor,patelnlny to tha Tiust Propo►ly.
<br /> ��'' � ta. Corpo►adon a PaRnersMp Eidatence�II T/US�O/I9 8 COfp0I8N011.Denerel parmorshlp,a Umlted paM9rahlp.!t wlll do all thlnes
<br /> � -'' � n�cos�ary ro p�eserue!h co►paate a parbivahlp exJatenca,as dw ca�may be,and�l dphts and pilvUopes unda dw faws o/th�
<br /> .. . z� sraro d 1rs ficorporaaon a apenlzaaon.
<br /> �"'•'��� � Q0. Faba�ranco by BeneHcJery Afot a WiUvar.My forbearance by BenoNclery In exercislny any dght a remady hereunder,a oNwrwlq �
<br /> � �'� �•�'�� `' affordod by appllcable/ew, 8ha11 not be�wa/vei o/a preclude fhe sxerclae d erty such dght or ranedy. 71�e p►ocuiwnertt ol
<br /> � ��,.`y-.-- - l n s u r a n c e a f h e p a y m e n t o t'l a x e s w t h e d J s c l w�e o/l l o r�s a c l�a r p e s b y B e m N d a ry s h a l f n o t b e a weNer o/Bens/ld a ry's r i pht to 6_
<br /> '-;;.:�:+:-.-�� accelera[ethemstunyolthelndebtedness. _
<br /> ��':��i`� " :: 21. Rernedles Cumula►lve. AAremedies proWded In thla Deed u/Trust are dlsdnct and cumWedve ta arry other NpFrt a nmady under drl�
<br /> �. , Dead ol Tiust or alfaded by law or equiry,and rrwy be exercised concunently.lndependenUy or successlvely.
<br /> ,�r�ti��y-�;;••, 22 Successas end Asslgns Bound;JdM and Several UeWNty;Captl�ons.lhe covenents end ag►eements Aereln contalned shell Wnd,and
<br /> ara✓;'.,_� �� � the rights hereunder shelllnure to,the►espectiv�e auccessors and asslpns o/BeneHclary, Tiustee,and Tiusfa.All covenentn and
<br /> :,�i��__ '' � ayreementa of Tiusta shall be�olrtt and aeveral.The cepdons and headings of the pereprephs ol Ws Deed ol Trust are fa
<br /> - = • convenlence only and a►e not ro be ussd[o l�terpret or de/Ine the provlslons hereo% �,. °
<br /> : . ?9. Notice.Except/or eny nWlce requlred under appNcable law to be glven Jn endhei manner,(aJ any nntice ro Tiusror provided la!n fhls
<br /> � . � „y � Oeed of 7iust ahall be ghren by ma//!ng such nodce by certiBed mall,ieturn reCelpt requested addressed to Tiustor at its mal!!ng __
<br /> eddress set foRh above a et such ofher addiess as Tiustor may deslgnate by nodce to BeneNclery as provlded hereln,end(b)ar►y
<br /> , � '' " ratice ro BeneNclary w Trustee shall be qiven by cerBBed mall,�etum recelpt requested,to BeneNdary's and Tiustee's meiling
<br /> .,;;_�,„_��,z.:_,,;;,..� eddress stated hereln a ro such other address as Bene/!clery or Tiustee may deslgnate by noNce ro 7rustor as proWded hereln.My
<br /> "= " � • nodce p►OVlded lor In dNS laeod oi i nwt shali be deemBd io have bvrrn yivw�Jo Trusfot',Serratklary or Ttu378s Whan pfvett In�r
<br /> — manner deslgneted heieln. °
<br /> �'�' � � 24. (3ovemin8 Lew;SeveraWAty.Thls Deed ol Trost shall be�ovemed by C�a laws ol the Stste ot Nebreske.In the event eny pr+ovislon or _
<br /> - ' clause o/this Deed o/Tiust conNlc[s with appllcable law,such conBict shaU not affect other provlslons oi thls Deed ol Tiust wh�ch cen _
<br /> -T' �� be glven ellect wlthout fhe conlllcdng provlslons and to thls end the prov/slons o/this Deed ol Tiust ere declared ro be severaWe. --
<br /> - '�'� Zb. Events oI De%Wt Eech of tho/ollowlnp occunences shall constltute an event o/de/ault herounder,(herelnaltei called an"Event –
<br /> -- "��^-� aoe�aun��:
<br /> - -' �?��: •• (a) Trustor sheJl/ell to pay when due any princlpel,lnterest,or pNnc/pal endlnterest on the Indebtedness, –
<br />_ ' . � � b An wanen ol Ude rnade b Tiusror hereln shall be unhue,
<br /> ���. a:�.:� - �� y ty y n Itlons!n thls Deed o1 Tast
<br /> � . (c) Tiustor shall lell to observe or perlo►m any of the covenants,agreements,or co d .
<br /> �a-
<br /> � ' " • (d) My representadon or wananry�nade by Tiustor on any linanclal stetements or reports submitled to Benellclary by or on behel/ol __
<br /> ... Tiustor shell prove/alse or mater�elly misfeading, ���F-
<br />::,�_ ..
<br /> '� "`� ' � (e) Tiustor shall Iall to pedorm or observe any o/the covenants,condlUons or agreements cantalned!n,a binding upon Tiustor under
<br /> �,. ..,
<br /> — .� '" eny bullding loen agreement,security egreement,loan agreement, Jlnancing statement,a sny ofher agreement,lnabument or �;;
<br /> =-� „;;,„ .� documeMexecutedbyTrusrorlrrconnecKonwiththeloanevldencedbyfheNote, _.._
<br /> _— '" `�'• (� A hustoe,►ecelver or liquldaror o/the Trast Property or o/Tiusror shaN be eppolnted,or any o/the creditors ol Tiustor sha/l Nfe a __
<br /> -= ��� petltlon In bankruptcy agalnsf Tiusta,or lor the reorganlzatlon ol Tiusro�pursuant to the Federel Bankruptcy Code,or any almllar =
<br /> �+ �' ' law,whefher fede►al a stete,end if such ader a peUt/on shall not be d/scharqed or dlsmissed withln thlrry(30)deys alter the date —
<br />_""'� ', •,_ . ° on whlch such order a peU6on was Nled,
<br /> � "•'�= (p) Tiusto►shall Nle a peNtlon pursuant to Ihe Federel Bankiuptcy Code or any simllar lew, ledera!astate,or il Tiustor shall be _-
<br /> ad/udged a benkrupt,or be declared Insolvent,or shall make en asslgnment lor the 4enelit of credltors,or shell admit!n wdUng!ts =
<br /> :�� .�� '`' lnaWlity ro pay!ts debfs ea they become due,or shaN consent to the appolntment ol a receiver of all or any per►ol the Tiust Property,
<br /> —� r (h) Flnal/udgment/or the pe yment v1 money shall be rendered agelnst Trustor and Tiustor shall not discharge the seme,or cause 1t to
<br /> Y � ��? ' � be dlscharged,wifhln fhfrty(30)deys elter the entry thereo%or shall not appeal fhe►elrom or Irom the order,decree or process upon
<br /> =� ;. wh�h a pursuant fo which sald judgment was granted,based,or entered,and secu►e e stay of execution pending such appeal,
<br /> - - - � (Q Trusbr shell sell or Convey Ihe Trusf Pioperty,or eny pert thereol,o�any inte►est thereln,or shall be dlvested ol its tlNo,or any lnterest �
<br />- � ' fhe�eln,!n eny manner a way,whefher voluntarify or involuntarily,witAouf the wrilten consent o/Benehc/ary being Hrst had and ':�:.
<br />- '�� ` obtalned,or '`T°
<br /> . !' , � • Q) H Trustorls a corpo►edon or partnershlp and more than lifty percen�(50°:)of the shares or benehcial interests In such corporallon or -
<br /> � ' pannershlp,8s ihe case may be, shall be banslerred or conveyed. whefher volun[anly or mvo/urMarity,without fhe wnKen consent o/ •
<br /> � ' Bene/iclary being li►st had end oblained. u
<br /> 28. Acceleradon o/Debt;Faeolosure. Upon the occunence ol any Event ol Oe/ault,or any time thereaKer,8eneflclary mey,at its opNon, i
<br /> declara all the/ndebtedness secured hereby immediatefy due and payable and the same shaf!bear inteiest at thv default rate,ii eny,
<br /> t • , set loRh!n the Note,or otherwise at the hlghest rate perm(tted by law,and�rrespactive o/whether Bene/iciary exercises sald opbon,�f i
<br /> _ may,af rts opUon and in fts sole d�scretion,w(thout any lurther notice a demand to or upon Trusta.do ono or more ol the lollowing; r
<br /> � (a) 8eneflcfary mey en[er upon,take possosslon of,manage and operafe the Trust Pioperty or any part lhereo/,•meke repairs and t
<br />_ " elte►edons and do any acts whlch Beneliciery deems proper to protect fhe securiry thereol,and either wirh or without tak�ng i
<br /> _ , • possesslon,in its own name,sue for or otherwlse collect and►ecerve rents,issues and proBts,including fhose past due and unpaid, t .
<br /> __..___...,..........., M..............�..a e,...e..�e�.,�.,.,e.on.,.,n.,.�.�.,uor�e..,� inrl�ulinn iAqClVIRhIF AHA►IIHV IABS NnA BBl1Aj/GHN's
<br /> ,.. � m�v orr��u.o u.�.��....�w..w..............r,..............��.......__.._.._""".._... .
<br /> � cosfs,upon the/ndebfedness secured hereby and in such order as Benehciary may dete�mine.Upon request o!Beneliciary, Tiustor
<br /> � shall assamble and shall make a vallable to Benellciary any of the Trust Property which has been removed. The entenng upon and •'
<br /> teking possession of the Trust Property,fhe collect+on ol any renfs. �ssues and prolits,and the application thereo/as aloresaid,sha// �
<br /> � nof cwe or waive any delault fhereto/ore or therea/ter occuning,or aHect any notice ol delault or nohce o!sale horeunder or
<br /> � invslfdefe any acf done pursuan[to eny such notice.Notwdhstanding Beneficiary's conhnuanr,e in possesslon o�receipt and
<br /> ^ epplicatlon ol rents, issues or profifs.Benelic�ary shall be entdled to exerc�se every nght provided lor�n this Deed of Trusf or by law �
<br /> ' upon or alter fhe occurrence ol an Evenf ol Dvlault,includmg fhe nght ro exerase the powei ol sa/e.Any of the acf�ons relerred to m
<br /> • �� this paragraph may be teken by Beneliciary at such time es Benehc�ary may determ+ne w�thout�egara to the adequacy of any .
<br /> security for the/ndebfedness secured hereby.
<br /> . ' (b) Bene/lclary shall,wifhout regard to the adequacy of any secunty/or the IndeGtedness secured hereby,be enhfled to fhe
<br /> �� ' � eppofnfinent o�a►ece�ver by any couR having/unsdict�on,wdhout notice. to take possess�on�f,protect,and manage the Trust
<br /> Property and operate the same and collecf the rents.issues and prohts thereirom.
<br /> � (c) BeneNclary mey bring any action in any court of com.petent�urisdicDOn lo/oreclose th�s Deed ol Trust or enlorce er:y of the �
<br /> } covenants hereol. �
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