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201700735
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Last modified
7/28/2017 1:47:00 PM
Creation date
2/1/2017 3:00:37 PM
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DEEDS
Inst Number
201700735
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2� 17��735 <br /> pr�ncipa� loaned or adva�.ced and s�a1i be subject to alI of the terms, pro��s�ons, and cand�tions <br /> �f this Deed of Trus�, �vvhether or n�t, �n the case of �oans, ad�rances, or readvanc�s, �u�h <br /> additiona� �oar�s or advances or readvances are e�idenced by any notes af Grar�t�r and whether or <br /> n�t identif�ed by a rec�ta�that it or they are secured by th�s Deed of Trust. <br /> Th�s Deed of Trust secures a re�olvir�g line of cred�t. The Iier�of t�is Deed of Trust sha11 <br /> c�nt��ue unti� a re�ease th�reof is recorded pursuant ta Nebraska La�. In r�o event shall the lien <br /> of the Deed of Trust be elimi�ated because t�e amount of the debt secured by this Deed of Trust <br /> �s reduced to zera. <br /> ARTI�LE III. <br /> PARTICTJIIAR REPRESENTATI�NS,WA TI�S AND <br /> C�VENANTS �F TH� �RANT�R <br /> The �rantor represents, v�arrants and, except a� otherv��se perm��ted by the Ber�efic�ary, <br /> c��enants v�ith the Benefic�ary as fo�lows: <br /> Se�t�on 3.U1. Author�ty t� Execute and De�i�er this Deed of Trust; A�� A�tion <br /> Taken; Enforceab�e �bligati�ns. The �rantor �s author�zed under its ar�i�les of ir�corporation <br /> and by�aws ot• other app�icable organ�zat�or�al docurnents a�nd aIl �.pplicab�e laws and by <br /> �� <br /> corporate or orgar�izational act�on ta execute and de�iver th�s Deed of Trust; and this Deed af � <br /> Trust �s, a�d a�.� amer�dme�.t, supp�ern�nt or restatement af th�s Deed of Trust, when e�ecuted �:; <br /> and deli�ered wi�l be, the �egal, �a1id and bi�ding obligations of the Grantor �h�ch are <br /> er�forceable i�. accordar�ce vvith th��r r�spective terms, except as enforceabi���.y may be Iimited by <br /> appl�cable bankruptcy, insolvency, ar sim�lar laws affect�r�g the er�f�rcement �f creditors' r�ghts <br /> generally ar by equrtable principles relati��to enforceab�lity. <br /> Sectxon 3.U2. Author�ty to �on��y Trust�5tat�; No Liens; E��eption fflr Permitted �� <br /> �� <br /> Encum�ran�e5; Grant�r to Defend Title and Remove Liens. The Grantor has good and <br /> marke�able t�tle to alI fee and l�asehold estates ir� the Land and good, ri�ht and �awful aut�ority �� <br /> ta con�ey th� Trust Estate for the purpases hereir� e�pressed. The Trust Estate �s free ar�d clear � <br /> of any Lien affecting the t�tle thereto, e�cept Perrn�tted Encumbrar�ces. The �rar�tor�i�l, so lor�g <br /> as a�.y of the �b�igatia�.s sha�� r�main unpa�d, rna�r�tair� and preserve the Lien of this Deed of <br /> �; <br /> Trust superxor to a11 �ther L��ns, other than Perm�tted Er�cumbrar�ces, and �v�ll forever warrar�t <br /> and defer�d the title to the Trust Estate against any and a1� cXaim►.� and demands other than �� <br /> P�rm�tted Encumbrances. <br /> Section 3.43. No �ncumbran�es on Trust Estate. T�e �rar�tor w�l� not creat�, incur, <br /> suffer or permit to ex�st any Lien or�ar�y af the Trust Estate, except for Perrnitted Encumbrances. �� <br /> Except far claims giving rise to Permitted Encurr�branc�s, the �`rrantor vvill prompt�y pay ar <br /> discharge any and al� abl�gations for ar on account of�v�ich ar�y such L�en might�x�st, e�cept ta <br /> the e�.tent such. obligat�on ar Lien is be�ng cha��enged by Grantor pursuant to appropr�ate <br /> proceedings. <br /> �� <br /> ;:: <br /> �. <br />
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