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<br />If more than ona person signs this Deed of Trust as Trustor, each Trustor agrees that this Deed of Trust will
<br />secure all future advances and future obligations described above that are given to or incurred by any one or
<br />more Trustor, or any one or more Trustor and others. This Deed of Trust will not secure any other debt if
<br />Beneficiary fails, with respect to such other debt, to make any raquired disclosure about this Deed of Trust
<br />or if Beneficiary fails to give any required notice of the right of rescission.
<br />5. PAYMEIVTS. Trustor agrees to make all payments on the Secured Debt when due and in accordance with
<br />the terms of the Evidence of Debt or this Deed of Trust.
<br />6. WARRANTY OF TITLE. Trustor covenants that Trustor is lawfully seized of the estate conveyed by this
<br />Deed of Trust and has the right to irrevocably grant, convey and sell to Trustee, in trust, with power of
<br />sale, the Property and warrants that the Property is unencumbered, except for encumbrances of record.
<br />7. CLAIMS A(3AINST TITLE. Trustor will pay all taxes, assessments, liens, encumbrances, lease payments,
<br />ground rents, utilities, and other charges relating to the Property when due. Beneficiary may require Trustor
<br />to provide to Beneficiary copies of all notices that such amounts are due and the receipts evidencing
<br />Trustor's payment. Trustor will defend title to the Property against any claims that would impair the lien of
<br />this Deed of Trust. Trustor agrees to assign to Beneficiary, as requested by Beneficiary, any nghts, claims
<br />or defenses which Trustor may have against parties who supply labor or materials to improve or maintain
<br />the Property.
<br />8. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or
<br />other lien document that created a prior security interest or encumbrance on the Property and that may
<br />have priority over this Deed of Trust, Trustor agrees:
<br />A. To make all payments when due and to perform or comply with all covenants.
<br />B. To promptly deliver to Beneficiary any notices that Trustor receives from the holder.
<br />C. Not to make or permit any modification or extension of, and not to request or accept any future
<br />advances under any note or agreement secured by, the other mortgage, deed of trust or security
<br />agreement unless Beneficiary consents in writing.
<br />9. DUE ON SALE OR ENCUMBRANCE. Beneficiary may, at its option, declare the entire balance of the Secured
<br />Debt to be immediately due and payable upon the creation of any lien, encumbrance, transfer, or sale, or
<br />contract for any of these on the Property. However, if the Property includes Trustor's residence, this
<br />section shall be subject to the restrictions imposed by federal law (12 C.F.R. 691), as applicable. For the
<br />purposes of this section, the term "Property" also includes any interest to all or any part of the Property.
<br />This covenant shall run with the Property and shall remain in effect until the Secured Debt is paid in full and
<br />this Deed of Trust is released,
<br />10. TRANSFER OF AN INTEREST IN THE TRUSTOR. If Trustor is an entity other than a natural person (such as
<br />a corporation or other organization), Beneficiary may demand immediate payment if (1) a beneficial interest
<br />in Trustor is sold or transferred; (2) there is a change in either the identity or number of inembers of a
<br />partnership; or (3) there is a change in ownership of more than 25 percent of the voting stock of a
<br />corporation. However, Beneficiary may not demand payment in the above situations if it is prohibited by law
<br />as of the date of this Deed of Trust.
<br />11. ENTITY WARRANTIES AND REPRESENTATIONS. If Trustor is an entity other than a natural person (such as
<br />a corporation or other organization►, Trustor makes to Beneficiary the following warranties and
<br />representations which shall be continuing as long as the Secured Debt remains outstanding:
<br />A. Trustor is an entity which is duly organized and validly existing in the Trustor's state of incorporation
<br />(or organization�. Trustor is in good standing in all states in which Trustor transacts business. Trustor
<br />has the power and authority to own the Property and to carry on its business as now being
<br />conducted and, as applicable, is qualified to do so in each state in which Trustor operates.
<br />B. The execution, delivery and performance of this Deed of Trust by Trustor and the obligation
<br />evidenced by the Evidence of Debt are within the power of Trustor, have been duly authorized, have
<br />received all necessary governmental approval, and will not violate any provision of law, or order of
<br />court or governmental agency.
<br />C. Other than disclosed in writing Trustor has not changed its name within the last ten years and has
<br />not used any other trade or fictitious name. Without Beneficiary's prior written consent, Trustor does
<br />not and will not use any other name and will preserve its existing name, trade names and franchises
<br />until the Secured Debt is satisfied.
<br />Security Instrumerrt-Commercial/Agricultural-NE AGGO-RESI-NE 7/1/2011
<br />VMP� Bankers SystemeTbt VMP-05951NE1 (1107).00
<br />Woltere Kluwer Financlal Services �7993, 2011 Page 3 of 10
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