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90100180
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Last modified
3/7/2012 4:33:42 PM
Creation date
10/20/2005 8:26:13 PM
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DEEDS
Inst Number
90100180
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-- � - _ <br /> .=.��3 <br /> _. I � <br /> �J---�.00�.S� <br /> r <br /> �� appliancea, fittings, and fixtures descrfbed Cherein are included as <br /> � part o£ the "Property", sub�ect to Beneficiary' s rights on default <br /> to exerciae either ita rights and remediea as a Beneficiary of thia <br /> Deed of Truat or as a secured party of personal property under the <br /> _� Uniform Commercial Code. Wh�never the aecurity for the Note <br /> includes peraonal property, Beneficiary shall be entitled to proceed <br /> as to both the Property and such peraonal property in accordance <br /> with Beneficiary' s righta and remedies in respect of the praperty as <br /> provided by �he Nebraska Uniform Commercial Code. <br /> � 9. Re lacement, Addition of Fixturea or Personal Property. In <br /> the even�'—an�y ='ixzure or peraonal proper y on t e prem aes w ch is <br /> sub�ect to a lien, charge or security interest in favor of <br /> Beneficiary is replaced or add�d to or any new fixture or other auch <br /> personal property is installed or subatituted by Grantor, and auch <br /> fixture or personal property is or may be sub�ect to a security <br /> interest held by a seller or any other party under the Uniform <br /> Commercial Code, Giantar shall, before the replaceinent, addition, <br /> installation, or substitution of any such fixture or personal <br /> property, obtain the written approval of Beneficiary thereto and <br /> give notice to Beneficiary that a security agreement with reapect <br /> to such fixture or other property has or will be consumated. <br /> , Failure of Grantor to give such n�rc�c:e shall be a material breach by <br /> Grantor under this Deed of Trust and shall constitute a default � <br /> hereunder. In the event any such fixture or personal property is � <br /> sub�ect to a security interest as aforesaid, whether or not grantor <br /> shall have given to Beneficiar_y the notice above nroyi_dPd, <br /> Beneficiary may, at its option, at any time, pay the balance due to -• <br /> satisfy such security interest, and the amount so paid, together <br /> with any casualty insurance premiums thereon paid by Beneficiary, " <br /> shall be a lien on the Property secured by this Deed o€ Trust, added �<:ti..' <br /> to the indebtedness secured hereby and payable on demand, together , a <br /> with interest from the date of advance at the Default Rate specified • <br /> in the Note. Beneficiary shall have the right of acquiring by ';���� <br /> asaignment from the holder of any such security interest any and all 1 <br /> accounts, chattel paper, negotiable instrumente or other evidence <br /> of Grantor' s indebtedness for auch fixture or personal property, <br /> and, upon acquiring any such intereat by assignment, Beneficiary "� <br /> shall h�ve the right to enforce the security interest as assignee f � <br /> thereof in accordance with the lawa of Nebraska. Whether or not ' " <br /> Grantor gives any notice as above provided, and whether or not �` <br /> Beneficiary pays or takes an assignment of any such security ::+�:. <br /> interest, Grantor shall pay prior to delinquency and not permit any ''�� • <br /> default to occur in the payment of any monies due under such <br /> security agreement covering such fixture or personal property, and � <br /> any such non-payment or default shall be a material breaah of <br /> Beneficiary' s covenants under this Deed of Trust, and shall <br /> constitute a default hereunder. <br /> 10. Actions Affecting Property; Duty to Appear. Grantor agrees <br /> to appear in and prosecute or e en any ac ot'�n or proceeding which <br /> may affect the priority of this Deed of Trust or the security of <br /> 13 <br /> . � � � � �� <br /> � <br /> �� <br /> --__� , .�� <br /> , ;. <br /> ,. : <br /> �� <br /> � , <br /> F!�!, <br /> 1.. <br /> 1'/�;I: �^' � <br /> #�,t,�, <br /> =r, ,`, <br /> :• ' .�.. <br /> � <br />
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