|
_ jj . . _ . "L. _..�y .
<br />. . t. . —_ _— —._. _ ___---' . ,— _ . _. .�f...:_ `__ __r- •__-
<br /> .t` ' . . ` ,. '� ;.. .. ` ',i. _ . ... � . . . _ ^ �<... • `` , ., � . . . . ,.. .l.• S ryyL.. "' ��._ -
<br /> . ` , . �. . . _ ` . . . . . � . � � . � . �i .
<br /> . . . . '_ ' . � ' � . .. . . , . . � . . . . • . . ' . `'y- . , '
<br /> . ' . � � � _ . . - ' . : -, . _ '< ' . .. � .. < . .. . . ` ' . . � � � � ` y � ' },• .f r,`'.
<br />.- _ `c ' .� . . . ' - . . . � . � _ - .. , . . _ . ' . . �'. . .. � . . • ' � -
<br /> � , .. .. ` . .. ` - . .. ' . . . . .` . . � . . . - �- . � {'. � - � - � .
<br /> . . � �. � .. . .. , � .. . ` ,. . � . ~ . , t . • . _.
<br /> � ' , � t_.�....�__' .'_ i. .'. .__�...--`�._S.____.�-._._ � -.__, -.._..___�___—_ -._J..-.. F _�.._—..�._...__� . .. .... ' `' __'�_S��( `, `' l, .
<br />.' lj' � •
<br /> :'i . ' . S �. .
<br /> ,i. . . '• � �r � . -
<br /> _�� • .. � � ' '� � �� �Y/�r•'�� � � .. . . . " .
<br /> .� � - .-} + Additlonal Provisions �.:_ __ '
<br /> -`� - --�=�--� i .�...-- -- �-
<br /> '•;:.' a `� � • .
<br /> r, _ , pe4zor{Wartatrt�ertd Covenetrts: 111 That except for the security iMerest gra+rted hereby Oehtor is,or to ffie extent that thts �- - - ^
<br /> ; a�eemerrt states thet the Co!lateral is to be acquired after the Qate hereof,wi0 be,the oy+mer of the Callatarai free tram any
<br /> j • adverse iien,security irrterest ar encumbrance:and that Debtor wili defend the Coilaterai against aU ctaims and demaads of �
<br /> :�^ ' ' � all persons at any time ctaiming the same a►any iMerest therein. (2) m�Ro finanang statement coveri�g tAe Coltateral or • ' •�..r:,c .
<br /> f<. amI Pro�e��el�f is on fi[e in airy pubtic office artd that at the request of 5ecured Party.Debtor vui11 join with Sacured :i S .- ` .
<br /> ��° ` PaRy in executing one or more financing statements pursuant m the Nebraska Uniform Commerciai code in fartn setistactarY �4 : l
<br /> .�% ,i to Secured Partyr and witl pay the cost of fiiing sueh financing statemerrt,this secwitY agreement and any continuation or , ; ��`
<br />'�' � termination statement,in all pu6fic o�ces wherever filing is deemed by Secured PartY to be necessarY or desirabte;and if the . ''"5, ., •° .�-_
<br /> ; Collat¢ral is attache0 to�eai estate Drior to the perfection of the seairitY interest 8rerrted hereby or if tfie Coltateral indudes ` �� `, >-
<br /> :�„" •• � i crops or oil,gas or minerais to 6e exvacted or timher to be cut.Debtor wi0.on demand of Secured Party,fumish Secured •r'^'`.
<br />; � � Party w[th a disGa'ttne�or d'isdaimers or subor�nation agraeme�rt signed by alt persons having an interest in the real estate, . .�� �s��'
<br /> ' disctaiming or subordinadng any irrterest in the Collaterai which is priar to the irrterest of Seaued PartY• t'3)Not to seil, ,`.:_,...� �_
<br /> ,� . .
<br /> �.�; • � transfer or�spose of the Cattateral,nor take the same or attampt to take the same from the count�l where kePt as above �
<br /> `:;? � � stated,without the pdor vrtitten eonsent of the Secured Party. I4)To pay al)taxes and assessments ot every nature which • �_
<br /> c�'' � � � may be tevisd or assessed against the Coilateral. (5) Ntot to permit or aitow any adverse lien, security Interest or
<br /> _,�: , . �_`: ',��..
<br /> r F�y • � encumhranca whatcoevcs►aRon the C°�laterab and not to permit the same to be attached or replevh�ed. t6) That tha , ..`.�__
<br /> _i. ` , � Collateral is in good condition,and that he will at his own expanse keep the same in good oondition and irom Ume to time.
<br /> fortttwtth,repface end rapair all such parts of the Cotlateral as may be bmken,wom out or damaged wlthout altowing any *�.�_
<br /> fi��` Gen to be created upon the Coitateral on accoum of such replacemertt or repairs,and ttiat the Secured Party may euamine ` ___ _-
<br /> iL .
<br /> and inspact the Callaterai at any Ume,wheraver located. (7)That he will at his own expense keep the Coilataral insuted i»a �" �:�'
<br />��t: . wm pan y satisfactory to Secured PartY agalnst loss,as apA�D�e,by theft,coliision,fire and exiended coverage,with loss ; . '<,:�.�:;_
<br /> `� payable to 5eeured Party as its iitterest may appear,anA witl an demand detivar said policies of insuranee or fumis b proo f o f � �--
<br /> �•�r,;;:z�:.:..
<br /> such insurance to Secured Party. i8)At its opUon Secured Party may procure such lnsurance,discharge taxes, tieos or i.•:;�'�_�-..
<br /> �,'y, : security iMerest w other encum6rances at enY Ume lavied ar D�aced on the Collaterel and may pay for the repair of any '`•�����ti,
<br /> � " damage or injury to or for the preservation and mair►tenance of ths Coltatara6 Debtor agrees to reimburse Secured PertY on °: �;,:;-
<br />-�.:,;. . , desfand tor any paymerK o� expanse incurted by SecureA Party pursuarrt to the foregoing authorization. Unti) such , _ . -_:
<br /> �.; teimEursement,the amount ot any such payment,wtth irKerest at the rate of 16°Xo per annum from date of payment uMil .�x;t�_�
<br /> reimbursement,shall be added to the indebtedness owed by Debtor and shaU be secured by this agreement. (9)That he wifi „ �,ts�
<br /> ri.i.f , , _ .4��
<br /> not use the Collateral in violation of any applicable statute,re9a�ation or ordinance and if any ot the Coitateral is motor •�. . ,��.-
<br /> vahicles the same wilt not he remed,used in rerttal service nor in any spesd or endurance coMest- i10)Debtor will Day '�"'sl;'s; i'--".,_
<br /> _ :'r;o,:,•r� • -
<br /> „�'; _ Sscured PartSr eny and all costs and exper�ses incurred in recovering possession of the Collateral and incurred in eafarcing .`��: -
<br /> �� ` this securlty agreement,and ihe same shall be secured by this security agreement. •� �_--
<br /> .,�<� I.•- ` . :�,:"`_.
<br />�. , OrttD pefautt Dehtor may have possession of the Cotlateral and use it in any lawful mannar not inconsistent with this : :°;r�--.,
<br /> !,�. . ' ; agreement and not inconsistent wfth any policy of insurance thereon, and upon dafauit Secured Party shait have the _
<br /> . immediete right to the possession o!the Collateral. - :.,`5 �i"G•=
<br /> '����f_ Debtor Shafl 8e in OeTttult under this agreemant upon the happeNng of any of the following�eve�ts or conditlons: Il)detauit . • '�;4'.
<br /> _.r,
<br /> � in the payment or performance of any ohiigation, wvenant or liab3fity coatained or raferted to hetetn or in any nate . •
<br /> ' evidencing the same:121 any wartanty,represantation or statement made or fumished to Secuted Party by ot on bahatf of •• , : ''"*�n.
<br /> � ' '�„� -
<br /> Oebtor proves to have been faise in any materlai respect when made or fumisded; l3) any event which resuits in the �. .,�-
<br /> �_ .�'� ecceteration of the maturlty of tha indebtedness ot Debtor to others under any Indenture,agreement or undertaking;1411oss, . :. _�
<br /> -�c � • theft, damage, destrucNon saie or encumbrance to or of any of the Cotiateral, o� the making of any Ievy, seizure or �::�`;� �.::;�;_.
<br /> ' � attachment thereof or thereon;l5)death,dissolutian,termination of existence,insolvency,business fafture,appoir►tment ot a . .
<br /> �,+.. ,
<br /> �.- : receiver of any paR of the property of,assignment for ffie benefit o!creditors by,or the wmmencement ot any proceeding `i�-_
<br /> � under any bankruptcy or insotvency lawa by or against Oebtor or any guararttor or eurety for Oebtor. -•
<br /> tJpon Suab Detatrlt and at any time tAereaftet, or if it deems itself insecure, Secured Parly may declare all ObiigaUons , �
<br /> .I I � sewred hereby immediately due and Oayable and shall have tha remedies of a secured party unQer the Nebtaska UNform � .
<br /> t�r` Commercial CoQe. Secu►ed Party may require Debtot to assembte the wltateral and detiver or make it avaiiabta to Secuted ,
<br /> ' ' Party at a ptace to be'designated by Secured Party which ia reasonably convenient to both partiee. Untess the Coilateral is
<br /> �i perlshabte or ttveatens to deciine speediiy in va�ue or is of a type customerity sold on a recagnized markot,Secuted party wiil �
<br /> 1 givo Oebtor reasonable notiCe of the t�me and pface of any public sale thereof or of the time after which any prlvate sale or
<br /> a�y other intanded Cisposition thereof is to be made. The requirements oi reasonabie notice sha116a met if su:h notice is
<br /> ' mailed, postage prepaid,to tfie address of Debtor shown at the beginning of this agreement at least five days before the .
<br /> ' '' � � time ot the sa�a o�disposition. '
<br /> _. :�' � . .
<br /> � No waiver by Secured Party of any detau►t shall oparate as a waiver of any other defauft or of the same Qefauit on a future -
<br /> ' � occasion. The taking of this security agreement shall not waive or impair any othar security said SecureA Party may have or , .. ; •
<br /> hereaftar acquite for the payment of the a6ove indebtedness,nor shail the taking ot any such addhionei securlty waive or
<br /> i impair this securiry agreement;but seld Secured Party may reson to any security it may have in the order it may deem
<br /> ' proper,and notwithstending any coltatetal securlty,Secured Party shall retain ita rights of set oH against Debtor.
<br /> � � All�Ighta of Sacured PertY hereunder shatl inure to tho benefit of ita successora and assigns;and all promises and duties of
<br /> � . • � Oebtor shall bind his heirs,exocu2ors or administrators or his or its successors or assigns. If there be more tha�one Debtor, :
<br /> }. ::• their Iiabilities hereunder shall be joint a�d se�erat.
<br /> � . '
<br /> , This agreement shall become eNecfive when it is signed by Debtor. .
<br /> �.. � .
<br /> [. '�_ ' .
<br /> r�
<br /> i� '��; . . • . ,
<br /> i;c`-:. - � .. - . -
<br /> t. .
<br /> `�. ��. . _ - - . .
<br /> �i.� - . . . . , . . • ' � . .
<br /> .•__.
<br /> _ —
<br /> ', , . . . _ .. .�-'- '--. _ .... _ .... _ ._. . .
<br /> ! - '
<br /> l� � ' . � . ' , .
<br /> i. - .
<br /> . .
<br /> .,. � _
<br /> � '.'.:, •. � . . . , . ""'=r7 T. �ia z S �.#
<br /> �_.. .. . . .. .. _ . .. . .. _.... . • . ... , • � . . .. . .. . _ .. . . . �'j- . . . . . . . _ . . . ..
<br />
|