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201508057
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Last modified
7/21/2017 2:02:13 PM
Creation date
11/24/2015 1:01:30 PM
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DEEDS
Inst Number
201508057
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2� 15�8�57 <br /> requirements of the �er�ificate of �rganiza�i�n and �perating Agreement of�he <br /> Trustor,and any amendments there�o; <br /> �. That the execution by Trustor of �his D��d of Trust, the Note, the o�her Loan <br /> Documen�s, and all other ins�ruments executed and deli�ered t� Beneficiary <br /> concurrently her�with, and the full and complete performance by th�Trustor of the <br /> pro�isi�ns thereof, is authorized by each Trustor's �ertif cate of�rganization and <br /> �perating Agreement and by appropriate resalu�ion of Trustor's members andlor <br /> managers and vvil� not r�sult in any breach af, or constitute a default under, or <br /> resu�t in t�e creatian of any lien, charge or encumbrance �other than those <br /> contained here�n or in any instrument delivered to Beneficiary concurren�ty <br /> herewith} upan any property or assets of the Trustor under the �ertif cate af <br /> �rganization or Qperating Agre�ment of said Trustor vr any inden�ure, martgage, <br /> deed of trust, bank loan or credit agreement or other instrument ta which the <br /> Trustor is a par�y or by whi�h th�TrusCor is bound; <br /> D. That sa�e and except for taxes and assessments which are to be paid as speci�ed <br /> herein, Trustvr wil� not create or suffer to permit ta be created, subsequent ta the <br /> date of the execution and deli�ery of this Deed af Trust,any li�n ar en�umbrance <br /> upon the M�r�gaged Property wh�ch shall.be ar may become superior hereto; <br /> E. That as �f the date of e��cution of this Deed af Trus� H� of C'rrand Island LL� is <br /> the Iegal owner of a11 of the Mor�gaged Property; <br /> F. That Trustar is duly au�harized to d�1�usiness in the State of Nebraska. <br /> �'r. That the Trustor ca�enants and agrees to fully and promptly pay the prin�ipal and <br /> al� interest payab�e under the Note when and as the same becom�s due, whether at <br /> the stated maturity thereof, �r by acceleratian, call for r�demption, ar otherwise, <br /> and to fully and promptly perform a11 ather cvvenants and agr�ements required to <br /> be performed by the Trustor under the Note and th�Loan Documents. <br /> H. That Trustor shall pay or sha�l cause to be paid when due all uti�ity charges which <br /> are incurred by Trustor for the benefit of the Martgaged Praperty or which ma� <br /> become a charge or lien against the Martgaged Property for gas, electric��y, water <br /> or sewer ser�ices furnished to the Mortgaged Property and all other assessrnents or <br /> charges ❑f a simi�ar nature, wh�ther pul�lic or private, affec�ing or related to the <br /> Mortgaged Proper�y or any portion thereof. <br /> I. That it confirms, will ab�de by and is Iiable for aIl r�presentations, warranties, <br /> covenants and agreements of the s�veral Loan Documents. <br /> Section 3.�4 - I]ue on Sale or Encumbran�e. In the�event that without first obtaining the <br /> written consent of the Beneficiary, which consent rnay be granted, withheld or candiCioned by <br /> �Beneficiary in Beneficiary's sale discre��on, there shall be any �i� transfer, sale, con�eyar�ce or lease <br /> �exc�pt leases of spa�e in the Martgaged Property as specifically perm�tted under the Loan <br /> Agreement} �f all �r any part of the interes� �f the Trustor in the Mortgaged Praperty ar any part <br /> thereof, whether �o�untarily or by operat�on of law, or �ii� �ransfer, sale, con�eyance, pledge ar <br /> 18 <br />
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