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<br />entitled thereto. Such person or persons shall pay all costs of
<br />recordation, if any. If the Lender issues a partial reconveyance
<br />of this Trust Deed, the proceeds received therefor shall be
<br />credited to the last installment of the indebtedness secured
<br />hereby.
<br />H. Conversion of Security. All right, title and interest
<br />of Trustor in and to all extensions, improvements, betterments,
<br />renewals, substitutes and replacements of, and all additions and
<br />appurtenances to the property, hereafter acquired by, or released
<br />to, Trustor or constructed, assembled or placed by Trustor on the
<br />Premises, and all conversions of the security constituted
<br />thereby, immediately upon such acquisition, release,
<br />construction, assembling, placement or conversion, as the case
<br />may be, and in each such case, without any further deed of trust,
<br />conveyance, assignment or other act by Trustor, shall become
<br />subject to the lien of this Deed of Trust as fully and
<br />completely, and with the same effect, as though now owned by
<br />Trustor and specifically described in the granting clause hereof,
<br />but at any and all times Trustor will execute and deliver to
<br />Trustee any and all such further assurances, deeds of trust,
<br />conveyances or assignments thereof as Trustee or Beneficiary may
<br />reasonably require for the purpose of expressly and specifically
<br />subjecting the same to the lien of this Deed of Trust.
<br />I. Security Agreement. This Deed of Trust shall be self -
<br />operative and constitute a Security Agreement under the Uniform
<br />Commercial Code of the Governing Jurisdiction, as amended from
<br />time to time, with respect to the Personal Property; provided,
<br />however, Trustor hereby agrees to execute and deliver on demand
<br />and, if appropriate, to file with the appropriate filing officer
<br />or office such security agreements, financing statements or other
<br />instruments as Beneficiary may request or require in order to
<br />impose or perfect the lien or security interest hereof more
<br />specifically thereon. This Deed of Trust shall be self- operative
<br />and constitute a Construction Security Agreement under the
<br />Construction Lien Act of the Governing Jurisdiction or other
<br />similar laws, as amended from time to time.
<br />J. Governing Law. This Trust Deed shall be governed by the
<br />laws of the State of Nebraska. If any provision or clause of the
<br />Note and Trust Deed are declared to be unconstitutional or
<br />illegal, invalid or unenforceable, it shall be deemed to be
<br />separate and severable from the rest of the provisions, and the
<br />intent is that the remaining portions of the document will remain
<br />in full force and effect. This instrument cannot be waived,
<br />changed, discharged or terminated orally, but only by an
<br />instrument in writing signed by the party against whom
<br />enforcement of any waiver, change, discharge or termination is
<br />sought.
<br />K. Interchangeable Terms. As used herein, Trust Deed means
<br />the same as Deed of Trust; Note means the same as Trust Note or
<br />Deed of Trust Note or Promissory Note; and that said words are
<br />used interchangeability herein. The term "Trustor" and
<br />"Borrower" shall include both the singular and plural, and when
<br />the Trustor and Borrower are the same person(s), those terms as
<br />used in this Trust Deed shall be interchangeable.
<br />L. Other Documents. The undersigned has also executed
<br />other Loan Instruments simultaneously with the Trust Note and
<br />this document. The undersigned agrees that said Loan Instruments
<br />survive the closing, and that a default violation of any one Loan
<br />Instrument is a default or violation of all Loan Instruments, and
<br />that as a result thereof, this Trust Deed can be foreclosed or a
<br />default can be declared.
<br />M. Liens and Encumbrances. Trustor hereby warrants and
<br />represents that there is no default under the provisions of any
<br />mortgage, trust deed, lease or purchase contract describing all
<br />or any part of the Property, or other contract, instrument or
<br />agreement constituting a lien or encumbrance against all or any
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