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200008501
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Last modified
10/13/2011 8:33:32 PM
Creation date
10/20/2005 9:49:40 PM
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DEEDS
Inst Number
200008501
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200008501 <br />shall be effective only if the same is delivered by personal service or mailed by certified <br />mail, postage prepaid, return receipt requested, addressed to the address set forth at the <br />beginning of this Deed of Trust. Any party may at this time change its address for such <br />notices by delivering or mailing to the other parties hereto, as aforesaid, a notice of such <br />change. <br />16. DUE ON SALE_ TRANSFER OF PROPERTY_ Beneficiary enters into this <br />agreement on responsibility of Trustor and on the basis of the amicable relations which <br />have previously existed between Beneficiary and Trustor with respect to the subject <br />premises. Should Trustor desire to sell or encumber the subject premises or any part <br />thereof, Trustor shall forthwith obtain the consent of Beneficiary to such sale or <br />encumbrance while any sums remain due on the Note secured by this Trust Deed. Should <br />Trustor sell or encumber any part of the subject premises or any interest therein to any <br />third party, or enter into an agreement to sell, encumber, or create an interest in a third <br />person in the Property without the consent of Beneficiary, other than the granting of a <br />farm lease to a third party or the granting of an oil, gas or other mineral lease of any part <br />of the premises, or Trustor permit any part of the subject premises or any interest therein <br />to become subject to a lien of any kind without the consent of Beneficiary, Beneficiary, at <br />Beneficiary's option, can declare the entire indebtedness remaining due and unpaid <br />secured hereby immediately due and payable, and exercise any remedies available under <br />the provision of this Trust Deed. This provision shall not apply to Trustor's grant of a farm <br />lease to a third party or Trustor's grant of an oil, gas or other mineral lease to a third <br />Ply• <br />17. PURCHASE MONEY TRUST DEED_ This trust deed is a purchase money trust <br />deed. <br />18. ACCEPTANCE BY TRUSTEE_ Trustee accepts this Trust when this Deed of <br />Trust, duly executed and acknowledged, is made a public record as provided by law. <br />IN WITNESS WHEREOF, Trustor has executed this Deed of Trust as of the day and <br />year first above written. <br />OAK FARMS, INC. <br />By�J <br />ITH A. OSTERMEIER, President, Trustor <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF HALL ) <br />The foregoing instrument was acknowledged before me this 1•34�' day of October, <br />2000, by KEITH A. OSTERMEIER, president of OAK Farms, Inc., a Nebraska corporation, <br />for the purposes therein stated. <br />GENERAL NOTARY so d Nebraska <br />I JANELYN K PAP8TEIN <br />- 011-1* Mly 25, 2002 Ntary Public <br />
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