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201208110
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Last modified
10/1/2012 8:46:17 AM
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10/1/2012 8:46:17 AM
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DEEDS
Inst Number
201208110
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�0120�i1� <br />Lender may require Grantor to provide to Lender copies of all notices that such amounts are due <br />and the receipts evidencing Grantor's payment. Grantor will defend title to the Property against <br />any claims that would impair the lien of this Security Instrument. Grantor agrees to assign to <br />Lender, as requested by Lender, any rights, claims or defenses Grantor may have against <br />parties who supply labor or materials to maintain or improve the Property. <br />9. DUE ON SALE OR ENCUMBRANCE. Lender may, at its option, declare the entire balance of <br />the Secured Debt to be immediately due and payable upon the creation of, or contract for the <br />creation of, any lien, encumbrance, transfer or sale of all or any part of the Property. This right <br />is subject to the restrictions imposed by federal law (12 C.F.R. 591), as applicable. <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 wi�l 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. �rantor 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 vvith other ersonal prope�ty at least equal in v� lue to the replaced personal <br />property, free frq %any`titl rete��6io d�tiice; se�c rity ,� ag{ee�ent the ncumbrance. Such <br />replacement of F� sona �r p�ert� u�ril ��e� tl� er�aed s l�jec t��� e s�cu��r ir��rest created by this <br />��� �� � . <br />Security Instrumlen . Gr�nto�w'll` ; no ` �art�tion,o� .�u �e��pe� ��t Lender s prior <br />written consent. `��% �i�l � �.7 �_-w- �l � ' „' <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. AUTHORITY TO PERFORM. If Grantor fails to perform any duty or any of the covenants <br />contained in this Security Instrument, Lender may, without notice, perform or cause them to be <br />performed. Grantor appoints Ler�der as at4orney in 'fact to sign Grantor's name or pay any <br />amount necessary for performance. Lender's right to perform for Grantor will not create an <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 completion 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 (Propertyl. <br />SHAMROCK CONSTRUCTION, INC. <br />Nebraska Deed Of Trust Initial j' <br />NE/4XJEANNEK00000000000647046091812N Wolters Kluwer Financial Services m1996, 2012 Bankers a e <br />SystemsTM <br />
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