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<br /> 15. FlnBnclal Cwenanls. fn edJdion to any other!lnenclal covenants ol TYosror made in eny othe�agreement,matrument or doaument, lYustor shall
<br /> I compty wlth end ahbll causo any end all guarentora of the lndebtedness socurod heroby to comp/y wifh,or be m complionco wlth,tho following
<br /> i hnancla!Cwenqms. (Th�s paraflraph sliall nnt oppty ll covenants and reqwr�emonts ero not so�lorthhorom.) �
<br /> I JQ. Schedulo of Lveses. Wdhln fan(f0)days oltor domund. Tiu9tor shall/urnlsh to Beneflc/ary a schodub, cortll/od to by Susto►,settrng lorth 811 IeASes :
<br /> of fhe TYUSt Proporry, or arry port/on the�eo►,Includmg In each case.the name o/lho ten8nts o�occupanta,a descNption ol the space occupiod by �..
<br /> Isuch tenant or acupant,tha rontnl pAyeblo lor such spaCe,end such olher Info►mat/on and doCUments wlfh respect to such leases and tenanclns _
<br /> I ae BeneNciary may raaeonnbry roquosG �
<br /> 17. Covenants o!Tiusfor wiih Respect ro l.eases. WIlhout the prlor wdtten consent ol BenellClary.Tiusla shall nof,dlrecdy or lndlrectty.w�th respecl to
<br /> ' I eny lease o!speco in!he IYust Property,or any pon/on therool. whethe�such leese Is now or herBaller m existence. -
<br /> (a) Accept or permit any propayment,J�scount or advenCe payment of rent heroundor in oxaoss ol ono mortth, �
<br /> (bJ Csncel or[erminetB tho seme,or accept arty canaellaflon,termineflon or aurrendR►thereo�,oi permlf any event ro occur whlch would occur
<br /> thereunder to termnate or cancel the semo,othe�than terminatlon lor nonpayment ol rent
<br /> , (c) Amend or moddy the same so as to reduce the term thereof.Ihe rental payeble thereunder,oi lo changA arry renewe!provisions thereln I .
<br /> contalned.
<br /> (d) Welve ary defau/t Ihereunder or breach thereo►.
<br /> (s) alvo eny consent,walve�or approval thereunder or teke eriy ofhe�actlon In connectlon therewi�,o�wlth a lessee tt,ereunde�whiCh would heve � ,,;,%'
<br /> the e(lect af Impalnng the value o/the lessor's Interest thereunder or the property subject 1her+eht oi of impabing the poslflon ol lnterest ot I , , -
<br /> Bene�lClary►hereln,or .
<br /> (n Seq,asslgn,pledg�mortgage or othenvise dispose o%or encumber Its lnterest In any sald leese or a�rents,lssues,pro/its Jssuing or arJsing ,
<br /> the[eunder.
<br /> 1& Welve�o(StatuteW L/mRatlons. Tlme!s o!the essonce!n ell ol 7iustor's ob/lgeNons and dutles hareunder,and to the extent permltted by law.Tiustor
<br /> walves all present or lulure siatutes oi 1lmltetlona w(th respect to any debt, demand or obllgatbn sewred hereby and any actbn or proceeding lor '
<br /> the purpose of en/orcing thla Deed o17Yust or arry rlghts or remedles contalned hereln. �,
<br /> 19. Asslgnment o/Oeposlt&In the event consnucUon of lmprovemenls!s contemplated by the loan ovklenced by the Note secured hereby,as addldonal
<br /> secudty thereloB Truslor hereby transters and asslgns to Beneficlary,all rlghl,tltle end lnterest to eny and all monlea depositetl by or on behaN oi
<br /> Tiusror wlth arry ciry, county,publlc body or agency,sanitary dlstdct, udllry compeny,and arry othor body or agency,!or the lnstal/aUon a to secure
<br /> the Instellatlon d any uHIIN by Tivator,pertalnlrtg to the liust Property. • _
<br /> 2Q CorporeUon or Pevmershlp Exlstenca I/Tiusror Is a corporetlon,generel partnersh/p�o�!lmited paKnmshlp,R wlll do all things necessary to preserve!ts
<br /> corporete or partnershlp exlsfence,as the case may b�and e/l dghts end prlvDeges under the laws d the atete of!ts lncorpoietbn or o�anlzatlon. i`-�1.:
<br /> 21. Ferbearance by 8eneiidary Not a Walvei Arry lorbeaience by 8enellclary in exerclaing any rlght or rernsdy hereunde�or othenvlse aHorded by 'f'
<br /> appllcab/e law, shel/nW be a welver of or preclude the exerclse N any auch dght or mmedy.The procurement ol lnswence or the payment o/taxes �.�;��� —
<br /> � or the dlscharge d!lens oi charges by Beneflclary shall not be a walvar ol Aenellclary's rlght to acxelarefe the maturlry o/the/ndebtedness. . :- �
<br /> 22. Remedles CumulaNve.All ramgdles provlded In thls Deed ol Trusf ere distlnct and cumalative fo eny othe�Nght or mmedy under thls Deed ol Tiust :;�;..
<br /> or aHorded by/aw or equlty,end may be exe�cfsed concurrenHy,Independenty or successlvety. ���• �.
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<br /> 2� Successors and Ass/gns Bound;Joint and Severel L(a6111ty;Captlons.The covenents and egreemenrs hereln contalned ahall bind,end tha rlghta •��t�-.�
<br /> s hereunder shel!Inure k,the respecNve succeasors and asslgns of 8ene�lc/ary,busten,and Truator.AN cavenents end agreementa ol Truator shall
<br /> be jolnt and several. 7he capBons and head/ngs o/the pnregrapha of thls Deed ol Dust are lor conreniance ony end ere not to be used to lnterpret ` �.,�Y,,
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<br /> = I or tletlne me p�ans�ons nereoG -°-°--_ "' ```
<br /> 24. NodCe.ExCept la arry noNce requ(red unde►appllCeble law to be glven In enother martnei(eJ ar►y notice ro Tiustor provlded!o►In thls Deed ol Itust � "��0�`.�
<br /> ' shal!be glwn by maHing sucN notlCe by certilled map,mtum recelpt requested addressed fo hustaet Ita malling eddross set fo►!h ebove o►at such _ �
<br /> othe�eddresa as Truator may deslgnate by notice fo 8enollclary es provlded hereln,end fb)any naice to Benellclery o►1Yustee shaff be glven by �=-
<br /> certllied mall, r�efurn rece/pt requested,to Benellclary's end Tiustee's melling address stated herein a to auch other addreas as Benellclery or �f
<br /> � lYuBtee mey deslgnate Dy notice ro liusror es provlded hereln.Any�oflce provided lor!n thia Deed d Tiusf shall be deemed to heve been glven to �
<br /> TYusto►BeneNciary or hustee when glven!n the manner deslgnaied hereln. �
<br /> 2G Qoveming Law;Sevarebtllty.Th/s Deed o�Tiust shall be governed by the laws of the Stete o/Nebraska. In fhe event eny provlslon o�deuae o/fhls ,FJ�-°r'
<br /> � Deed ol bust confllcts wlth appl/cable law,such conllkt shall not el/ect other provlslona ol this Deed of Truat wh/ch can be glven effect wlthout the °
<br /> - conllkt/ng provlsbns end to thls end the provlslona o/thls Deod ol 7Yust are declared to be severade.
<br /> ' 2& Events of DefauR.Each o/the fol/owfng occurrences shall const/tute nn evBnf ol delault horeundei(here�nafter eslled an"Event ol DefeulY): -
<br /> .f (a) 1Yustor shall leil to pay when due any princlpal,lnterest,or pdnalpal and Intorest on the Indobtodness, -•°
<br /> (b)Arry warrenty of tftle made by Tiusto�hereln shall be untrue, -
<br /> • T• (c) Tiustor shall lall to observe or pedorm any ot the covenants,agreements,or conditlons In thls Oead M 7Yust, -- —
<br /> • (d)Any represenfaUon or warrenty made by IYustor on any)lnancla!sfafementa or reports submltted to Bene/lClary by o�on behalf oi 7iusror shall -�__
<br /> prove/else or matedelty misleading,
<br /> (e) IYustor shall lall to per/orm or qbserve eny ot fhe covenants,conditlons a agreements conta7ned In,or binding upon Trustor under eny bulldlrtg _
<br /> loen agreement, secu�ity dgreement,loan agreement,llnandng stetement,or arry other egreement,�nstrument o�document executed by 1Yustor --___
<br /> � !n connectlon with fhe loen evldenced by the Note, !a�nNl�
<br /> �;, (n A trusfee,�scelvsi or Hquldator ol the Tiust Properry or ol 1Yusfor shatl bo eppolnled,or arry of fhe uedlfors W riustor shali Nle a pedtlon!n •�';_. �
<br /> bank�uptcy egeinsr Tiusro�or for the roorganlreNon o1 Trustor pursuant fo the Federel Banwupt+cy Code,or eny simtlar law,whether ledera!ar stafe, „r�.�.
<br /> � end(i such order a petilfon shall not be dlscherped or dlsmissed wifhfn thlrty(30)days eNor the date on whlCh such order or petltlon was flled, ,
<br /> • . (g) 7�ustor shall fue e petltlon pursuant to the Federa!Bankruptcy Code or any slmllar law,federa/a stafet oi(f Trustor shall bo ad/udged a -
<br /> , bankrupt, or be declared Insohent,or shall make en eas(pnment lor the benefit o►creditors,or shaH edmlt ln wdt/ng!ts lnablliry to nay!ts debta ..� A� �.
<br /> a;�
<br /> as they become due,or shall consent to the eppolntment of a recelver of ell or erry part of fha Trusf Propert}! � ��
<br /> � (h) Flnel/udgment for fhe paymont o/money shall be mndered egelnsl Tiusror end 7iusror ahell na dlschergo the ysme,or cause It ro be � � b
<br /> � dlscharged,wfthln thlrty(30J days after the entry lhereol,or sha!!not appesl therelrom or Irorn fhe aroei decree or process upon whlch or a ���.
<br /> ; pursuant fo�vhlch sa/d/udgment was granted,based.or e»tered,and secure a stey o/execution pending such appeal. ''��'`��."=�"
<br /> j (1) hustor shall sell or convey the 7Fust Property,or any paK thoreol,or eny interest thereln,or shaAbB divested of lts tlt/e,or any�nterest therefn,In Y
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<br /> � arry mann.3r a wey,whelher voluntar!!y or InwluntaNly,without the wrltten consent of 8eneflciary be�ng flrst had and obtained,or ' �� .,�;'
<br />- p) f/hustor Is a eorporatlon or partnership and more than ilfry percent(50�io)o/the sheres or benel(clel interests In such corporetlon or • _� �'"
<br /> I partnership,as the case may bn,shall be trans/ened or corneyed,whether voluntarily or mvo/untarily,without the wrltten consent of Boneficlary „
<br /> being lirst had end ohtalned.
<br /> 27 Acco/eretlon ol Debt;Poreclosure.Upon the occurrence of arry Evenf of Defaulf,or eny t/me theraartac 8enel/clary may,nt!ts optlon,declare all the
<br />. iIndebtedness securod hereby�mmedietely due end payable and fhe seme shal!bear lnterest et the Oefault rate,if any,set lorth In the Note,or •
<br /> i othenvise ef the hlghesf roto permitted by law,end,inespec6ve d whelher 8eno6ciary exctrcises se�J option,d may,at its optlon end in its sola
<br /> � dlsCreGan,wlthoul arry lurther nol�Ce or demand to or upon Trusto6 do orta a moro ol the Iollaving
<br /> i (al 8oneflclary may enter upon,take possoss/on of, manage e»d operate the 7Yust Property o�airypart thereof:meke repairs and altorshons and o0
<br /> arry acts which 6ene/lcipry deems proper to protect the securlty thereo%and elther w/th o�wlllrout taking possession,in(ts avn name,sue for
<br /> � or otherwise co//ecl and�ceive rents,issues and prolifs,includ/ng fhose pest tlue and unpaid,and apply the same.less costs and expenses of _
<br /> � oporapon ena conocuon,incmamg raasonaa�e attomey iees ano 6enei�aary s cos[s.upon me indeaoreonoss securou i�arairy anJ�i�SuGt����o� � ' _'----
<br /> ius Benellc�ary may datarmino.Upon roquest o�Bene%ciary. Lustor shall assemble and shall rnake available to Benepc�ary any o/the Trust
<br /> Pmperty wh�ch has been removod. The entering upon and taking possession of tho Trust Propery, the collechon o�any rents.lssues end prolits. „
<br /> , and the appl�catlon thereof as aloresaid.shall not cure or werve eny delault theretotore or thondter occurring,or aHect eny notice of default or i
<br />. noNCe o�selo homunder or imelidate any act done pursuant fo any such nohCe-Notwrthstandmg Bene/iaery's Conhnuance m possess�on or I
<br /> receipt and opplicol�on ol renfs.issues or prolrts, Bene��aary she11 be enhr/ed to exerc�se weryrght prov�ded lor�n th�s Deed o!Tiust or by raw ,
<br /> � upon or attor fhv acurronco of an Evont ui Defau/f,mcluding tho nght to exarCise tho paver o�sa/v Any ol tho achons re�orred fo in this
<br /> � paragrapi�may be Iaken by Bene6c�ary at such hme as Benohc�ary may doterm�ne wdhout regard to fho adoquu�y o�?ny secunty!or the I
<br /> Indebtednvss socured heroby i
<br /> (b) P.enoOaary she//, wdhoul regerd to tno adoquacy of any socunry for the IndQbfedness socurBdhereby.be enhflod ro the appointment ol a
<br /> rocorvo�by arry coud hanng�unstl�chon,wrthout nohco,to ta1�o possoss�on of,protoct, and mah�ge Iho Trust Pruperty and operate the same
<br /> antl collect Ino rents. �ssuos anO prolrts themhom
<br />- (c) Bonelitinry mey bnng arry ect�on in any court o/compefont�unsdicnon tolorec/ose fh�s Deed o�Trusf or on/orco arry ol fhe covonnnts horeol
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