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201203748
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Last modified
7/9/2017 8:09:16 PM
Creation date
5/10/2012 3:19:51 PM
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DEEDS
Inst Number
201203748
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201203748 <br />(iii) liens, charges or otherencumbrances for or priority claims incidental to the <br />conduct of business or the ownership of properties and assets (including mechanic's, <br />warehousemen's and attorney's liens and statutory landlord's liens but only to the extent <br />that all of the foregoing are affirmatively insured over in a policy of mortgagee's title <br />issuance issued to Beneficiary) and deposits, pledges or liens to secure statutory <br />obligations, surety or appeal bonds or other liens of like general nature incurred in the <br />ordinary course of business and not in connection with the borrowing of money, <br />provided, in each case, that the obligation secured is not overdue or, if overdue, is being <br />contested in good faith by appropriate actions or proceedings; <br />(iv) liens, charges or encumbrances in favor of Beneficiary; <br />(v) liens, charges, or other encumbrances disclosed to and approved by <br />Beneficiary in writing in connection with the Grantor's arrangements for the acquisition <br />and development of the Premises, including without limitation payments and rights-of- <br />way for utilities, roads, drainage, cable, communications and similar purposes; <br />(vi) liens, charges, or other encumbrances set forth in a policy of mortgagee's <br />title insurance issued to Beneficiary, but only if expressly acknowledged and approved in <br />writing by Beneficiary. <br />"Promissory Note" means the Note described in the opening recitals, together with <br />interest thereon, executed in accordance with the Loan Agreement and evidencing Grantor's <br />indebtedness to Beneficiary thereunder. The Note contains provisions for the interest rate <br />therein to be adjusted from time to time. <br />"Uniform Commercial Code" means the Uniform Commercial Code in effect, and as <br />amended from time to time hereafter, in the State of Nebraska. <br />Bolton Farm - Loan 195618 <br />JM MDAI 1095245 v <br />0-0 05/03/2012 <br />Page 2 of 2 <br />
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