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-.. . . .�i>\�r. i. . � , i .. __ - r _ _ . _.-_. . _ - - . . , -` ' ; � .. ( ` � . . � ' '. � , � . ' . ' ` .. ` . , • � , t )t! . ' i , • ' ` • . � � . _ . � 9�---�a��s _ . . : < < < . � [�IORTGAGE AND SECtJRITY AGREQ�IEl7T� ("tiortgage")� dated as of f� � . . . ; f��.,e� L . 19�j, made by �and betweea NEBRASKA CELLUT�IR TELEPHONE . � CORYORATION (herefnafter calle@ the °Mortgago�•?� a corporatioA existing � under the Iaws of the State of Nebraska and'Rural Telephene Finauce � . Cooperative (hereinaftez sometimes called the °Kortgagee" and sometftaes ' � ° call�ed the "RT�C"), a South Dakota cooperative assoc'sation. ' ` � ' �HFREAS, the Mortgagor,.,has determined to borrow funds from the � � � Kortgagee g�rsuant to a Laan Agreement (said I,aan Agreement. as it may be from • time to time amended ar supplemented, together with any other loan agreement ,.., between the �Mortgagm� and RTFC iin canuection with anq.additional or future ' _ ...._.. _. . .- --=�- -.�s�an int�t�� Q_�be_secure� i�zeby g .. . ---- -- ---. , _.:. .'- _ __.:.�._ ; �ein �ieiefna�ter callectively cslled -th�- - - - -- -- - ----=---^- .:° , "Loan Agreecaent"),. fdentified in Exhibit I hereto (tierei:tafter called the � - � ' � , "Itfstruatents Recital"). and has accordingly duly author�.zed and executed, and � ��' del�.�rered to the Mortgagee, its mortgag� note(s) (iden�i�fied in the � � ' . Ins�u�sents �Recital as and hereinafter called the "First Note") to be secured ' � . by this riortgage of the property herefnafter described; aad ' _ . . ` � . EJ�iEREAS, it is contemplaLed that the First Note shall be �ecured " � • � by s.�:�s Mortgage as well a� additional notes and refunding, renewal and s��• . stitute notes (Hereinafter collectively ealled the "Additional hmtes") which � �� • may f�om time t� tfine be executed and delivered 'by the Mortgagor. ta RTFC as � _ • hereiriafter provfded (the First Note and any Additional �:otes being herei�- � aftes callectively called the "Notes"}; and : ' . . � ; �--. � WHEREAS. the Mortgagor now operates and/or owns a Communication � j ' and Inforraation Service and otheY facilities i�e�tified ia the Property � Schedule attaahed as Exhibit II hereto (hereinaftes called the "Exfsting � Facilities"); and . WHEREAS, to the extent that any of the property described or , � ;,_ - referred to in this Mortgage is.governed by the provisions of the Uniform �� Com�aercial Code of anw state (hereina£ter. called the "L'n�form Commercial #= . Code"). the parties �e_eto desire thaC this Mortgage be =�garded as a , "Security Agreement" and as a "Financing Statement" for said security �'. . � agreeraent una�e� the Uniform Commercial Code; �< r- �:.•. �OW. THEREFORE� in consideration of the premises� the parties hereto a�ree as follows: .:. � . , ARTICLE I ,��. SECURITX S�CTION 1.01. G�antin� Clause: En order to secure the payment � o£ the princ�gal of and interest or the Notes� �ccording to their tenor and .effect� .and fusthez� to secure the due�-performance of the-�covenants�--agreerr:ents -�_�� --- � �� and provisions contained in tbis Mortgage and the Loan Agreement and to declare the terms and conditions upon wHich the Notes are to be secured, the Mortgagor. in conslderation of the premfses. has executed aad de�ivered thfs �EtTFC �Mortgage 9/89 " Z r► . .. . , ; . � � . � L � � L . _.1 : � , � . � - - . . . � . . . . f: - . . . . . . .. . � . . Y._ a- „ ,. � �