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<br />10. WARRANTIES AND REPRESENTATIONS. Grantor has the right and authority to enter into
<br />this Security Instrument. The execution and delivery of this Security Instrument will not violate
<br />any agreement governing Grantor or to which Grantor is a party.
<br />11. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Grantor will keep the Property
<br />in good condition and make all repairs that are reasonably necessary. Grantor will not commit
<br />or allow any waste, impairment, or deterioration of the Property. Grantor will keep the Property
<br />free of noxious weeds and grasses. Grantor agrees that the nature of the occupancy and use
<br />will not substantially change without Lender's prior written consent. Grantor will not permit
<br />any change in any license, restrictive covenant or easement without Lender's prior written
<br />consent. Grantor will notify Lender of all demands, proceedings, claims, and actions against
<br />Grantor, and of any loss or damage to the Property.
<br />No portion of the Property will be removed, demolished or materially altered without Lender's
<br />prior written consent except that Grantor has the right to remove items of personal property
<br />comprising a part of the Property that become worn or obsolete, provided that such personal
<br />property is replaced with other personal property at least equal in value to the replaced personal
<br />property, free from any title retention device, security agreement or other encumbrance. Such
<br />replacement of personal property will be deemed subject to the security interest created by this
<br />Security Instrument. Grantor will not partition or subdivide the Property without Lender's prior
<br />written consent.
<br />Lender or Lender's agents may, at Lender's option, enter the Property at any reasonable time
<br />for the purpose of inspecting the Property. Lender will give Grantor notice at the time of or
<br />before an inspection specifying a reasonable purpose for the inspection. Any inspection of the
<br />Property will be entirely for Lender's benefit and Grantor will in no way rely on Lender's
<br />inspection.
<br />12. AUTHORITYiTO--P�RF R�1tI r n or��ai�s to pe form�ny dut or ��y of the covenants
<br />,, � :� �
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<br />contained in this ecuri � I, sx�u�t nfi, ender ma�, t it � tic � i �i� r�or or cause them to be
<br />performed. Grantdr ap�in`t; �� de , s� �ttome� � n f t'� t��i�n� 'ra � o�'� name or pay any
<br />`� '` � -�. en�e '"s-�i t�t�t er'#��ra_for Gcan�a�.��ull not create an
<br />amount necessary�.:fip [, g �
<br />obligation to perform, and Lender's failure to perform will not preclude Lender from exercising
<br />any of Lender's other rights under the law or this Security Instrument. If any construction on
<br />the Property is discontinued or not carried on in a reasonable manner, Lender may take all steps
<br />necessary to protect Lender's security interest in the Property, including completiorl of the
<br />construction.
<br />13. ASSIGNMENT OF LEASES AND RENTS. Grantor irrevocably assigns, grants, conveys to
<br />Lender as additional security all the right, title and interest in the following (Property).
<br />A. Existing or future leases, subleases, licenses, guaranties and any other written or verbal
<br />agreements for the use and occupancy of the Property, including but not limited to any
<br />extensions, renewals, modifications or replacements (Leases).
<br />B. Rents, issues and profits, including but not limited to security deposits, minimum rents,
<br />percentage rents, additional rents, common area maintenance charges, parking charges, real
<br />estate taxes, other applicable taxes, insurance premium corltributions, liquidated damages
<br />following default, cancellation premiums, "loss of rents" insurance, guest receipts, revenues,
<br />royalties, proceeds, bonuses, accounts, contract rights, general intangibles, and all rights
<br />and claims which Grantor may have that in ar�y way pertain to or are on account of the use
<br />or occupancy of the whole or any part of the Property (Rentsl.
<br />In the event any item listed as Leases or Rents is determined to be personal prop , this
<br />Assignment will also b regarded as a security agr eement. Grantor will promptly provide der
<br />ROBERT C. HANSEN
<br />Nebraska Deed Of Truat
<br />NE/4XXDIANNK00000000000826042020212N Wolters Kluwer Financial Services �1996, 2012 Bankers
<br />SystemsT11
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