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201307361
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9/10/2013 8:24:12 AM
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DEEDS
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201307361
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and local laws or regulations, and has legal authority in such states to conduct Trustor(s) business <br />operations and to own agricultural real estate. No change has been made in the name, ownership, <br />control, relationship, legal status or organizational and formation documents of any undersigned <br />Trustor(s) since the time any such information was last provided to Beneficiary. <br />14. That if Trustor(s), or anyone signing this Trust Deed, is a limited liability company, that those <br />signing on behalf of said limited liability company constitute a majority of the managers or members <br />thereof, and that the execution of this Trust Deed is in the ordinary course of the limited liability <br />company's business and has been authorized by its members. <br />15. Assignment of Rents including Proceeds of Mineral Leases. Trustor(s) hereby assigns, transfers, <br />and conveys to Beneficiary all rents, royalties, bonuses, and delay moneys or other proceeds that may <br />from time to time become due and payable under any real estate lease or under any oil, gas, gravel, <br />rock, or other mineral lease of any kind including geothermal resources now existing or that may <br />hereafter come into existence, covering the property or any part thereof. All such sums so received by <br />Beneficiary will be applied to the indebtedness secured hereby; or Beneficiary, at its option, may turn <br />over and deliver to Trustor(s) or their successors in interest, any or all of such sums without prejudice to <br />any of Beneficiary's rights to take and retain future sums, and without prejudice to any of its other rights <br />under this Trust Deed. This assignment will be construed to be a provision for the payment or reduction <br />of the debt, subject to the Beneficiary's option as hereinbefore provided, independent of the lien on the <br />property. Upon payment in full of the debt and the reconveyance of this Trust Deed of record, this <br />assignment will become inoperative and of no further force and effect. <br />16. This Trust Deed constitutes a Security Agreement with respect to all the property described herein. <br />17. The covenants contained in this Trust Deed will be deemed to be severable; in the event that any <br />portion of this Trust Deed is determined to be void or unenforceable, that determination will not affect <br />the validity of the remaining portions of the Trust Deed. <br />Ronald J Woitas'ewski / Ka h I Woit szewski <br />STATE OF NEBRASKA ) <br />)ss <br />COUNTY OF HALL <br />On this 4th day of September, 2013 before me, a Notary Public, personally appeared <br />Ronald J Woitaszewski and Kathryn I Woitaszewski, husband and wife <br />to me known to be the person(s) named in and who executed the foregoing instrument, and <br />acknowledged that they executed the same as their voluntary act and deed. <br />(SEAL) <br />INDIVIDUAL BORROWER ACKNOWLEDGMENT <br />GENERAL NOTARY - State of Nebraska <br />ECHO ALCORN <br />My Comm. Exp. March 21, 2014 <br />FORM 5011, Trust Deed and Assignment of Rents <br />20130736/ <br />L —'ca�o A/c -e r g <br />(Type name under signature) <br />My commission expires /-.mac a(, D--O ) (( Notary Public in and for said County and State <br />App #: 5217234; CIF #: 76880; Note #: 202 202EA Legal Doc. Date: September 4, 2013 <br />Page 5 of 5 <br />
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