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NEBRASKA -- Farmer Mac UNIFORM INSTRUMENT (Open End) Form 5000.28 <br />201400935 <br />Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in <br />accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. <br />19. Additional Property Subject To The Security Instrument. This Security Instrument also constitutes a <br />security agreement within the meaning of the Uniform Commercial Code as adopted in the State of Nebraska (the "UCC "). <br />In addition to the Property described in the Security Instrument, the following items now or hereafter attached to the Property <br />to the extent they are fixtures are added to the Property description, and shall also constitute the Property covered by the <br />Security Instrument: building materials, appliances and goods of every nature whatsoever now or hereafter located in, on, or <br />used, or intended to be used in connection with the Property, including, but not limited to, those for the purposes of supplying <br />or distributing heating, cooling, electricity, gas, water, air and light, fire prevention and extinguishing apparatus, security and <br />access control apparatus, plumbing, bath tubs, water heaters, water closets, sinks, ranges, stoves, refrigerators, dishwashers, <br />disposals, washers, dryers, awnings, storm windows, storm doors, screens, blinds, shades, curtains and curtain rods, attached <br />mirrors, cabinets, paneling, attached floor coverings, irrigation pipes and pumps, livestock fencing and pens, windmills and <br />related equipment and pumps, grain bins and storage bins and specifically: All Dwellings, Buildings, and all Irrigation <br />Equipment including but not limited to Well Permit #10276 (Registration #G- 006153), Well Permit # 10279 <br />(Registration #G- 006155), Western Land Rover Pump (S/N 249424), Western Land Rover Pump (S/N <br />F427A/T08T173R112F), 2 -15 HP Electric Motors, all of which, including replacements and additions thereto, shall be <br />deemed to be and remain a part of the Property covered by the Security Instrument. All of the foregoing together with the <br />Property described in the Security Instrument (or the leasehold estate if the Security Instrument is on a leasehold) are referred <br />to in this Security Instrument as the "Property." <br />20. Fixture Filing. This Security Instrument constitutes a "fixture filing" for the purposes of the UCC against <br />all of the Property which is or is to become fixtures per the UCC. <br />21. Use of Property; Compliance With Law. Borrower shall not seek, agree to or make a change in the use <br />of the Property or its zoning classification, unless Lender has agreed in writing to the change. Borrower shall comply with all <br />laws, ordinances, regulations and requirements of any governmental body applicable to the Property. <br />22. Assignment of Leases. Upon Lender's request after default, Borrower shall assign to Lender all leases of <br />the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Lender shall <br />have the right to modify, extend or terminate the existing leases and to execute new leases, in Lender's sole discretion. As <br />used in this paragraph , the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold. <br />23. Assignment of Rents; Appointment of Receiver; Lender In Possession. Borrower absolutely and <br />unconditionally assigns and transfers to Lender all the rents and revenues ( "Rents ") of the Property, regardless of to whom <br />the Rents of the Property are payable. Borrower authorizes Lender or Lender's agents to collect the Rents, and agrees that <br />each tenant of the Property shall pay the Rents to Lender or Lender's agents. However, Borrower shall receive the Rents <br />until (i) Lender has given Borrower notice of default pursuant to Sections 12 and 25 of the Security Instrument and (ii) <br />Lender has given notice to the tenant(s) that the Rents are to be paid to Lender or Lender's agent. This assignment of Rents <br />constitutes an absolute assignment and not an assignment for additional security only. <br />If Lender gives notices of default to Borrower: (i) all Rents received by Borrower shall be held by Borrower as <br />trustee for the benefit of Lender only, to be applied to the sums secured by the Security Instrument; (ii) Lender shall be <br />entitled to collect and receive all of the Rents of the Property; (iii) Borrower agrees that each tenant of the Property shall pay <br />all Rents due and unpaid to Lender or Lender's agents upon Lender's written demand to the tenant; (iv) unless applicable law <br />provides otherwise, all Rents collected by Lender or Lender's agents shall be applied first to the costs oftaking control of and <br />managing the Property and collecting the Rents, including, but not limited to, attorneys' fees, receiver's fees, premiums on <br />receiver's bonds, repair and maintenance costs, insurance premiums, taxes, assessments and other charges on the Property, <br />and then to the sums secured by the Security Instrument; (v) Lender, Lender's agents or any judicially appointed receiver <br />shall be liable to account for only those Rents actually received; and (vi) Lender shall be entitled to have a receiver appointed <br />to take possession of and manage the Property and collect the Rents and profits derived from the Property without any <br />showing as to the inadequacy of the Property as security. <br />If the Rents of the Property are not sufficient to cover the costs of taking control of and managing the Property and <br />of collecting the Rents any funds expended by Lender for such purposes shall become indebtedness of Borrower to Lender <br />secured by the Security Instrument pursuant to Section 7 of the Security Instrument. <br />Borrower represents and warrants that Borrower has not executed any prior assignment of the Rents and has not <br />11111111111 I1111111 005 111 11111 1111 1111 <br />2 <br />11 02014, All Rights Reserved <br />1513140214 [Doe Id 2210 M10302013] <br />