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N0U101414 <br />loss, cost (including attorneys' fees), liability, damage, claim or obligation, whenever asserted or brought, known or <br />unknown, (i) arising in connection with or resulting from any breach of warranty, misrepresentation or nonfulfillment of <br />any agreement by Trustor herein, (ii) based upon or otherwise resulting from an alleged or claimed violation of any <br />federal, state or local environmental law, regulation or ordinance, or common law of any state, including but not limited to <br />any tort claims, that pertain or relate in any respect or manner to the mortgaged premises, incurred by Beneficiary by <br />reason of any violation of any applicable statute or regulation (whether such liability is to a private party or any <br />government unit, state or federal), or (iii) by reason of the imposition of any governmental lien for the recovery of <br />environmental cleanup costs expended by reason of such violation, without regard to fault on the part of the Trustor. This <br />indemnity shall survive the termination of Trustor's indebtedness to Beneficiary and shall continue thereafter so long as <br />Beneficiary is subject to any possible claim or threatened, pending or completed action, suit, or proceeding, whether civil, <br />criminal or investigative, by a Federal, State or other governmental body or private party or parties, regarding the health, <br />industrial hygiene, occupational or the environmental conditions on, under or about the mortgaged premises. <br />And the Trustor will pay all taxes and assessments on said premises immediately when they become due and payable; and <br />at the request of the legal holder of said Deed of Trust Note will keep all buildings, fixtures and other improvements, <br />including, without limitation all irrigation equipment that may at any time be on said premises, during the continuance of <br />said indebtedness, insured against loss by fire, lightning and windstorm, in such company or companies and for such <br />amounts as the holder of said Deed of Trust Note may from time to time direct, not to exceed the amount of said <br />indebtedness, except at the option of Trustor, with loss, if any, payable to the Beneficiary hereunder as its interest may <br />appear, and will deliver the policy or policies of insurance, accompanied by premium receipts to the Beneficiary <br />hereunder, as further security for the indebtedness aforesaid. And in case of the refusal or neglect of Trustor to thus <br />insure and deliver such policies of insurance or to pay such taxes or assessments, then the holder of said Deed of Trust <br />Note may procure such insurance, or pay such taxes or assessments, and all moneys thus paid, with interest thereon at <br />16.000 percent per annum, shall become so much additional indebtedness, secured by this Deed of Trust, and shall be paid <br />out of the proceeds of the sale of the lands and premises aforesaid, if not otherwise paid by said Trustor. <br />Each party to this Trust Deed requests that a copy of any notice of default and a copy of any notice of sale hereunder be <br />mailed to each such party at the address set forth herein, as provided by the Nebraska Trust Deeds Act. <br />And in the event of the foreclosure of this Deed of Trust, Trustor covenants and agrees to pay the cost of extending the <br />abstract of title or obtaining a certificate of title from the date of recording this Deed of Trust to the date of filing suit, and <br />upon failure of said party to do so, all money so advanced by Trustee shall bear interest at the rate of 16.000 percent per <br />annum and shall be secured by this indenture. In addition, Trustor agrees to pay a reasonable attorney's fee for the <br />prosecution of a foreclosure action, which shall be added to the principal balance at the time a foreclosure decree is <br />entered or shall be paid by the Trustor if Trustee agrees that the default may be cured after the institution of a foreclosure <br />suit. <br />And in the event Trustee sells the Property by exercise of power of sale, Trustee shall be entitled to apply any sale <br />proceeds first to payment of all costs and expenses of exercising power of sale, including all Trustee's fees, and Lender's <br />and Trustee's attorney's fees actually incurred to the extent permitted by applicable law. In the event Borrower or Trustor <br />exercises any right provided by law to cure an Event of Default, Lender shall be entitled to recover from Trustor all costs <br />and expenses actually incurred as a result of Trustor's default, including, without limitation, all Trustee's and attorney's <br />fees, to the extent permitted by applicable law. Such costs shall be added to the principal sum due hereunder and draw <br />interest at the default rate of 16.000 percent per annum. <br />The Trustee shall have the right to release with or without consideration or credit on the indebtedness hereby secured, any <br />part of the property herein described by adequate legal instrument without regard to the existence of any junior <br />encumbrance and without the consent of such junior encumbrancer, and such release shall have no further effect upon the <br />rank, lien or estate conveyed hereby or against the Trustee than is therein expressed. <br />Beneficiary may at any time and from time to time appoint a successor Trustee by filing for record in each county where <br />the trust property or part thereof is located a notice of Substitution of Trustee. <br />We also agree that in the event the mortgaged premises, or any portion thereof, or any interest therein, are sold, <br />mortgaged or conveyed or become subject to an agreement to sell, mortgage or convey prior to the time this loan shall <br />have been paid in full, then the entire indebtedness shall become immediately due and payable at the option of the <br />beneficiary. A sale, assignment or transfer in any manner whatsoever of 10% or more of the capital stock of the grantor <br />corporation shall be equivalent to a sale or conveyance of the security or an interest therein, and in that event beneficiary <br />shall have the option to accelerate the debt, declare the entire loan balance due and enforce collection of same, including <br />foreclosure of the Deed of Trust lien. <br />That if the property, or any part thereof, be condemned under any power of eminent domain, or acquired for public use, <br />the damages, proceeds, and the consideration for such acquisition, to the extent of the full amount of indebtedness upon <br />3 <br />