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<br /> 2B.Eventi o/O�fiuN. Ench ol me lallowlny occwrances shs//constitule an event of defeult horounder, lheroine/toi cellod an 'Even►o! . �
<br /> Ae1sulr'1:
<br /> (ol Trostor she!!lail to pny whon duo nny pr/ncipal,intnrnst, or piincipal and intorost on thn Indubfodnnss, i
<br /> 1 16/Any we►ixnty o/title mede by Trustor hoiein shell be untruo, _
<br /> lol 7�ustor shsll/el!tn observe oi po►larm ony o1 fhe covenertts,ayroements,or conditions in this Doed o/Trust,
<br /> � fdJ Any iepresentetlon oi wenanty msde by�iusta on any J/nenclal stntements or reports sabmitted to Bennllcla►y by oi on behe/l ol �� I
<br /> 7�ustor shall prove/else or meterlslly misleedlny, •�
<br /> Ifol 7�usto�shsl/!el/lo pnrlonn oi observe any ol the covonanta,conditlons or eyronments contalned!n,oi bindlny upan Tiuyfor unde�eny��
<br /> I bulld/ng/oen uyreement secuNty eyioement,loan eyreement,/lnanc/ng statemont,ar any other eyraoment,lnstrumenf or documsnt �
<br /> � oxncrrfnd hy Truslor in connecfion with fhe/oen pvidenr.ed by►he A'ote, �
<br /> ff!A husfBe,iecelver or liquldsfor oI the Tiust Property or o!Tiustoi shall be eppointed,o�an y o!the credltors ol Tiustoi shaJl ll/e a
<br /> petlNon in bankruptcy eyalnst Tiustor,or Ior the ieoryanlzedon ot Tiustor pursuant to tho Fede�el Bankiupfcy Code,oi eny slmll��/sw, a `
<br /> .. . - �" whether lede�ef or stste,and if such o�dar or petitlon shall not be discherged o�drsmissed within!hlrty f301 days altei the date on �
<br /> 'wr whlcA such o�der or poNlion wes flled, -
<br /> ly/ Tiustar shal!l/le a petlflon pursuant to the federa/Bankiuptcy Code o�en y s/miler law,lederal or state,or!f Tiustor shall be ed/udped
<br /> a bankrupt,or be dec/aied lnsolvent,oi sha//make an asslynment lor the benel/t ol credito�s,a shs//edmlt!n writing Jts inabJ/!ty ro � . --
<br /> psy!ts dobts ss they become due,or shsR consent to the appo/ntment o/e receiver of all or an y part ol the Trust l'iope�ty, ;`.'
<br /> Ihl Rnsl/udymsnt{or the payment of money shsll 6e rendeied syainst 7ruslor and Tiastoi shell nof dlscirerye the same,or causa!t to be
<br /> dfscharped,wlthln fhlsty 1801 days e/ter the entry thereo%or shal/not eppeal therefiom or fiom the order,decree oi p►ocass upon
<br /> whlch or puisuent to whlch said judpment wes yrented,based,or entered,end secwe a stey ot execution pen�llny such appeal, `
<br /> • d) 7iustor shaf/sef/or convey the Trust Pioperry,oi eny part thereof,oi anylnterest there/n,or shs//be dlvested of!ts tJt/e,or sny interest
<br /> there/n,/n any manner or way,wheMei vo/unta�/ly orinvolunter/ly,wlthout the wrltten consent ol Benellclary be/ng Ilist hed end �•_
<br /> obtained,or =__
<br /> f11//Tiu.stor!s a corporation or pertneiship end more than tllry pe�cent(SD°6l 01 the shares or beneticlal interests In sur,h co►poretlon oi —
<br /> psrtnershlp,es the csse may be,shall bo trens/ened or conveyed, whether volunterily orinvo/unterily,without the wiltten consent o1
<br /> Bene/Iclery being fi�st had and obtclnod � --
<br /> 27.Aac�ntl�n o/D�bt;Foi�eib+un. Upon the occunence ol nny Event o/De%u/t,or en y time theree/ter,Beneliciary may,st!ts opUon, ---
<br /> � dec/are all rhe/ndebtedness secwed hereby lmmed/etely due and paya6/e and the same shal/bear interest et the defeult iste,il an y,set/oitn in —�
<br /> � ths Nots,or otharvvlse at the hlyhest rete permitted b y low,end,lnespective of whether Bene/iciary exerclses ssld option,!t mey et its option �..
<br /> " ' and!n!ts sole dlscreNon,wlthout eny/urther naNce or demand to oi upon Trustoi do one oi more of the lollow/ny:
<br /> t —
<br /> le!Beneficiery may enter upon, take passesslon ol,manays end operate the Trust Property or eny pait theieof;mnke repsfrs end _
<br /> � sltersHons end do any ecta whlch Beneficlsry deems p►oper to piotect the securlty theieof,snd elthei wlth oi wlthout taklny
<br /> possesslon,in its own neme,sue foi or otherwi:e col/ecf and receiva rents,issues end protits,!nc/uding those psst due�nd unpald, end �
<br /> , epply the same,/ess costs�nd expenses of operallon end eol/ecNon,Inc/uding reesoneble ettorney/ses end Beneflclery's costs,upo�the
<br /> /ndsbtednass 3ecured hereby and!n such oidei es 8enetic/ary may deteim/no.Upon iequest o/Bonellc/ary, Tiustoi shsll assemble and
<br /> v� shs//mske evsilable to Beneflciary an y of the Tiust Aope�ty wh/ch has been removed. 7he enteiiny upon end teklnp possesslon o/lhe --
<br /> ¢ Tiust Property,thn cal/ecdon o1 any ients,lssues end prollts,and the eppllcatlon thoreol es alo�esa/d,shs!l not cuie or walve any del�u/t
<br /> theietofore or therealter occurrinp,or aNect any notice o/de%ult oi notice of sale he�oundei or Inve/ldete any ect done pursaent to sny
<br /> such nofice.Notw/thstandfng BenaJiclsry's contlnvanee!n posseaslon or iscelpt end applicstlon o1 ients,lssues oi prolits,BeneJJc/sry aeall
<br /> ' bs ontlt/ed to exerc/se every rlght piovlded lorin thls Deed ol Tiust or by Isw upon or e1ce�the occunence of en Evsnt of Oe/sult, I
<br /> S lndudinp the rlyht to exercise Me powor ol sale.An y of the actiona re%ned to in thls parapreph may be teken by 8enellciary et such tlme
<br /> � ea Bensf/clsry may dete�mine wfthout regard ro the adequacy of an y secudty lar the/ndebtedness secwed hereby. �'�`—
<br /> y fb/Benn//cisry shal/,.vithout regerd to the edeqvacy o1 eny aecurity lor the/ndebtedness secured hereby,be snNHsd to the appafntment
<br /> ol s iecslver b y eny couit hov/np Judsdictfon, wlthout notice,to teke possession of,protect,snd mensge the 7iust Aopsrty ind openta
<br /> the same snd co/%ct the ients,fssues and pioJlls therefiom. _
<br /> fcJ B�neNdery mey bdnp eny ectlon 1n an y cou;t o/competem Jurlsdlcdon to loreclose tAls Oeed ol Tiust oi enforce any o/the covensn[a - —_
<br /> hereof. --
<br /> fd1 8ene1lc%ry may elect to ceuse�he Tiust Property vr eny part thereol to be sold under the power ol se%,end In such event •��is..
<br /> Benellcisry or Tiustee shall give such notice ot defeelt end notice of sa/e es mey be then requ/red by/ew. The�siftsr,upon ths sxp/ret/on
<br /> ol such dme end the plv/np ol auch notico ol sale as may then be required by/ow, Tiusten,ot the t/me end p/ece speclNsd by ths noNcs
<br /> ol se/e,shell sell such Tiust Proporty ar an y part thereoF specified b y Beneflc/ary,at pu611c auct/on to the hiphest bldder/oi cesh!n/ewlu/
<br /> � money ol the United Stetes of.4�»edca. Upon recelpt ol payment of the piice bld, Tiustee shel/app/y[be proceeds In the fol/owiny orda:
<br /> !!1 to ths cost end expensss of exerc/slny the powei o/sa►s end ol the sale,includlnp but not l/mJted to,trustee s 19es oi not mo�s than �—
<br /> db0U.00 p/us onefisK o/one percent ol tAe grass se/e price,and reasoneb/e atromey/ees,11q ro the/ndebtedness,and f1i11 the excesa,Jl '.``
<br /> eny to fhe peaon or persons leye//y entitled thereto.
<br /> . An costa end expenses lncuned by Beneficiary in enlorcing any right andei thls Doed of Tiust,!nc/udln�without Ilmltetlon,abstraci or t/t!e/ees, -
<br /> epprelsa/lses,piem/ums lor t/t!e inswence,etromey lees and cowt casts,shall be end constitute lndebtedness secured hereby.
<br /> � 2@.Dutl�r o/Tiuttw. Tiusto�ap�ees thet: . __
<br /> le)Dutles ond obligatlons ol Tiustoe sha//be derermined sa/e!y by the express provisions oi this Deed o7 Tiust snd Tiustee aha//not be/iib/� �
<br /> , � oxaept/or the per/oimence o/such duties and obllgetlons as ere specillca/ly set/orth horoin,ond no!mp/!od covonants ot obllyetlons ahs/I � - -
<br /> be imposed upon Tiustee, ; ,_.
<br /> � (bJ No provlslon o/this Doodof Tiust shsll ioquire Tivatoo to uxpond w risk Its own funds,or othurwlse incm eny:inenclel ob/lgotian in the ''���,_v-,
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<br /> per/ormence o/eny et its duhes hereundor or in the exeicise ol eny ot its rights or powers, _r��r.�
<br /> Ic1 Tiustoe may consult wlth counsel ol its own choosing end the edvise of such counsel sha//be/u!l end comp/ete euthoiiietion end --
<br /> protoction in the respect o/eny ection teken or suHered by it hereunder in good/eith end reliauce thereon,end '='?s�ri�c�,t,;
<br /> fdl Tiustee she/I not 6e liable fo�eny ection teken by it in good/eith end reeaonably treliovod by it to be euthorized or within its discretion or
<br /> iights oi powers conferiod upon it by this Deed al Tiust. , _ _,
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<br /> Z9.S�cwlty Ay�M►t»nt�nd ilxtun 6Ning. This Desd of Tiust shal/constitute a security agreoment end Oxture Ji/ing under lhe provisions ol(be �•+
<br /> • Nebieska Unlform Commerciel Code with respect to►hose lixturos described in rhe prenmb/es heieoJ as constituting a pa►t of the Tiust
<br /> Property,toqether with ell other proporty of Tiustor oither simi/a�oi dissimilo�to the same,now or he.vea/ter/oceted at vi on the Tiust R'operty.
<br /> 30.Futun Adv�ucH.Upon roquost ol Tiustvr Bena/iciary,at Beneficiary's ophun,pnor to ful/reconveyance o7 the Tiust Property by Tiustee�o
<br /> Trusto�mAy moke tuture odvanees to Tiustor.Such future advancos,with interest thoroon,sha//be socmed 6y thls Deed o/Tiust.At no timo
<br /> shall tho principal amount oJ the lnde6tednoss sncuied by fhis doed ol Tiust,not including sums edvanced to piotect the sscuriry,exceed the
<br /> tote/sum ol S 90.000.UO .Advencos ol disbursamonts mede by 8eneliciary to protect the secuiity,under tha terms
<br /> i hereof,whde disc►etionery,sholl not bo deomed to b�opt�one/odvancos.
<br /> 31.R�conv�y�nct. Upon p�yment o!oll/ndobtadnoss secmod Dy thrs Deed oJ Trust,Bonolicio�y sholl reQuost Tiustes ro reconvey che Tr�st
<br /> � ?.vpa.iy m�d ai�aii�u��anJor ii�ia i�vv�i vi i,vsr ond aii nores evwoncmg�noeAtotlness securodby th�s pend o1 Trust to Trustoe. Trustoe shall -
<br /> roconvay the Trust Piopvrty wrthout�vvnanty end wrthout chorge to tho person or porsons legu/!y ontitlod thoreto. Such porson ar persons sha/l
<br /> pny op costs o/rocoidation, r/any.
<br /> 32.Subttltuts Truitss. Bonoliciury,of�ts ophon,mny liom hmo to hmu iomovo Trustee and eppoinf a Succosso� Ausf�o lo eny Tiustve
<br /> oppointod ho�eundor by an i�stn�mnnr rncorded�n tho county in which thls Dood o/T�ust is reco�ded. Without conveyanca ol the Tiusf PYoperty, I
<br /> fhn Succossor Tru.stao shull succoRd fo ull 6t/o,power und outies conlunod upon lrusfoo hvre�n nnd by npplrcoble/ow.
<br /> 33.Mlscell�neous Rlghtr of Benef/c/rry. Benohnory mny ot ony hmn und Irom nr,io ro tlrno, wrthout nohco, consont to tho mnk�ng o/eny pPot u/ �
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<br /> tho Tiust Proporty nr tho cryUhon o/uny uasamont thoroon or ony covonents rrstnctrng uso or occuponcy thnraol o�ugreo tn eltor or emond tho
<br /> torms ol this Dood ol TrusG Any porsnno!proporty�emnrnmp upon tho Trust Propnrty of Mr thu Trust Proporty hos boon passossod or aecuprod
<br /> by BonoNciory,its ngent or nny pwchnsor/ollowing Trosteo's svl�,loruclosura,or undnr ony doed in lieu o/ Trusfoo's solo or/oroclusuro,shol!
<br /> bo conclusrvnly prosumnA ro hovo been vtnndonnd by Trusror.
<br /> Pnge 4 0l 5
<br /> si�2w�81�r6�.�s� �r,:P�t
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