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201304098
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Last modified
12/31/2013 4:16:20 PM
Creation date
5/23/2013 1:39:57 PM
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DEEDS
Inst Number
201304098
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201304098 <br /> 18. CONDEMNATION. Grantor will give Lender prompt notice of any pending or threatened <br /> action by private or public entities to purchase or take any or all of the Property through <br /> condemnation, eminent domain, or any other means. Grantor authorizes Lender to intervene in <br /> Grantor's name in any of the above described actions or claims. Grantor assigns to Lender the <br /> proceeds of any award or claim for damages connected with a condemnation or other taking of <br /> all or any part of the Property. Such proceeds will be considered payments and will be applied <br /> as provided in this Security Instrument. This assignment of proceeds is subject to the terms of <br /> any prior mortgage, deed of trust, security agreement or other lien document. <br /> 19. INSURANCE. Grantor agrees to keep the Property insured against the risks reasonably <br /> associated with the Property. Grantor will maintain this insurance in the amounts Lender <br /> requires. This insurance will last until the Property is released from this Security Instrument. <br /> What Lender requires pursuant to the preceding two sentences can change during the term of <br /> the Secured Debts. Grantor may choose the insurance company, subject to Lender's approval, <br /> which will not be unreasonably withheld. <br /> All insurance policies and renewals shall include a standard "mortgage clause" (or "lender loss <br /> payable clause") endorsement that names Lender as "mortgagee" and "loss payee". If required <br /> by Lender, all insurance policies and renewals will also include an "additional insured" <br /> endorsement that names Lender as an "additional insured", If required by Lender, Grantor <br /> agrees to maintain comprehensive general liability insurance and rental loss or business <br /> interruption insurance in amounts and under policies acceptable to Lender. The comprehensive <br /> general liability insurance must name Lender as an additional insured. The rental loss or <br /> business interruption insurance must be in an amount equal to at least coverage of one year's <br /> debt service, and required escrow account deposits (if agreed to separately in writing). <br /> Grantor will give Lender and the insurance company immediate notice of any loss. All insurance <br /> proceeds will be applied to restoration or repair of the Property or to the Secured Debts, at <br /> Lender's option. If Lender acquires the Property in damaged condition, Grantor's rights to any <br /> insurance policies and proceeds will pass to Lender to the extent of the Secured Debts. <br /> Grantor will immediately notify Lender of cancellation or termination of insurance. If Grantor <br /> fails to keep the Property insured, Lender may obtain insurance to protect Lender's interest in <br /> the Property and Grantor will pay for the insurance on Lender's demand. Lender may demand <br /> that Grantor pay for the insurance all at once, or Lender may add the insurance premiums to the <br /> balance of the Secured Debts and charge interest on it at the rate that applies to the Secured <br /> Debts, This insurance may include coverages not originally required of Grantor, may be written <br /> by a company other than one Grantor would choose, and may be written at a higher rate than <br /> Grantor could obtain if Grantor purchased the insurance. Grantor acknowledges and agrees <br /> that Lender or one of Lender's affiliates may receive commissions on the purchase of this <br /> insurance. <br /> 20. ESCROW FOR TAXES AND INSURANCE. Grantor will not be required to pay to Lender <br /> funds for taxes and insurance in escrow. <br /> 21. SUCCESSOR TRUSTEE. Lender, at Lender's option, may from time to time remove Trustee <br /> and appoint a successor without any other formality than the designation in writing. The <br /> successor trustee, without conveyance of the Property, will succeed to all the title, power and <br /> duties conferred upon Trustee by this Security Instrument and applicable law, including, without <br /> limitation, the right to appoint a successor or substitute trustee at any time and from time to <br /> time. <br /> ESSENTIAL MOTION CHIROPRACTIC AND REHAB,LLC <br /> Nebraska Deed Of Trust Initials <br /> NE/4XXXNVRBA00000000000654077N Wolters Kluwer Financial Services°1996,2013 Bankers Page 9 <br /> SystemsTM <br /> 111 111 II II 11(1111111IV111ll11l llll IIIIIIIIIII !1111ll1111 !1111ll Iill]IIIIIIIIIZIII111111111111111III 3I VIII <br />
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