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Initials: <br />201402718 <br />Governing Law <br />2. This Trust will be governed by both the law of Nebraska and any applicable federal law <br />( "Applicable Law "). All rights and obligations contained in this Trust are subject to any <br />requirements and limitations of Applicable Law. <br />MATTERS RELATING TO PAYMENT <br />Promise to Pay <br />3. The Trustor, for value received, promises to pay to the Beneficiary, on demand, the <br />Principal Amount, interest and all fees and costs on the terms set out in this Trust or in <br />any amendment, extension or renewal of the Trust and any additional amounts secured <br />by this Trust on the terms elsewhere provided for such debts and liabilities. <br />Interest <br />4. The Trustor agrees to pay the Principal Amount with interest before and after maturity <br />and before and after default at the rate of 5.00 percent calculated per annum and <br />compounding monthly, (the "Interest Rate "). The Interest Rate will be calculated from <br />the date this Trust begins (the "Interest Adjustment Date ") and accrues until the whole of <br />the Principal Amount is paid. The Loan will be repaid on the following terms: <br />a. The Principal and interest will be repaid in consecutive monthly installments of <br />$194.97 each on the 1st of each month; <br />b. The Interest Adjustment Date for this Trust is April 30, 2014; <br />c. The balance, if any, of the Principal Amount and any interest thereon and any <br />other moneys owing under this Trust will be due and payable on January 1, 2027 <br />(the "Maturity Date "). <br />