My WebLink
|
Help
|
About
|
Sign Out
Browse
202002975
LFImages
>
Deeds
>
Deeds By Year
>
2020
>
202002975
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/11/2021 10:43:20 AM
Creation date
5/11/2020 11:18:53 AM
Metadata
Fields
Template:
DEEDS
Inst Number
202002975
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
15
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
202002975 <br />23. USE OF PROPERTY. Grantor shall not use or occupy the Property in any manner that would <br />constitute a violation of any state and/or federal laws involving controlled substances, even in a <br />jurisdiction that allows such use by state or local law or ordinance. In the event that Grantor <br />becomes aware of such a violation, Grantor shall take all actions allowed by law to terminate <br />the violating activity. <br />In addition to all other indemnifications, obligations, rights and remedies contained herein, if the <br />Lender and/or its respective directors, officers, employees, agents and attorneys (each an <br />"Indemnitee") is made a party defendant to any litigation or any claim is threatened or brought <br />against such lndemnitee concerning this Security Instrument or the related property or any part <br />thereof or therein or concerning the construction, maintenance, operation or the occupancy or <br />use of such property, then the Grantor shall (to the extent permitted by applicable law) <br />indemnify, defend and hold each lndemnitee harmless from and against all liability by reason of <br />said litigation or claims, including attorneys' fees and expenses incurred by such Indemnitee in <br />connection with any such litigation or claim, whether or not any such litigation or claim is <br />prosecuted to judgment. To the extent permitted by applicable law, the within indemnification <br />shall survive payment of the Secured Debt, and/or any termination, release or discharge <br />executed by the Lender in favor of the Grantor. <br />Violation of this provision is a material breach of this Security Instrument and thereby <br />constitutes a default under the terms and provisions of this Security Instrument. <br />24. CROPS; TIMBER TO BE CUT; MINERALS; RENTS, ISSUES, AND PROFITS. Grantor gives to <br />Lender a security interest in all crops, timber including timber to be cut now or at any time in <br />the future, and minerals located on the Property as well as all rents, issues and profits of them <br />including, but not limited to, all Conservation Reserve Program (CRP) and Payment in Kind (PIK) <br />payments and similar governmental programs (all of which shall also be included in the term <br />Property). This Security Instrument constitutes a financing statement and is to be recorded in <br />the real estate records. <br />25. OTHER TERMS. The following are applicable to this Security Instrument: <br />A. Line of Credit. The Secured Debts include a revolving line of credit provision. Although <br />the Secured Debts may be reduced to a zero balance, this Security Instrument will remain in <br />effect until the Secured Debts and all underlying agreements have been terminated in writing <br />by Lender. <br />B. No Action by Lender. Nothing contained in this Security Instrument shall require Lender <br />to take any action. <br />26. APPLICABLE LAW. This Security Instrument is governed by the laws of Nebraska, the <br />United States of America, and to the extent required, by the laws of the jurisdiction where the <br />Property is located, except to the extent such state laws are preempted by federal law. <br />27. JOINT AND SEVERAL LIABILITY AND SUCCESSORS. Each Grantor's obligations under this <br />Security Instrument are independent of the obligations of any other Grantor. Lender may sue <br />each Grantor severally or together with any other Grantor. Lender may release any part of the <br />Property and Grantor will still be obligated under this Security Instrument for the remaining <br />Property. Grantor agrees that Lender and any party to this Security Instrument may extend, <br />modify or make any change in the terms of this Security Instrument or any evidence of debt <br />without Grantor's consent. Such a change will not release Grantor from the terms of this <br />Security Instrument. The duties and benefits of this Security Instrument will bind and benefit <br />the successors and assigns of Lender and Grantor. <br />Brian M Harrenstein <br />Nebraska Deed Of Trust <br />NE/4XDJUNKER00000000002104067042820N Wolters Kluwer Financial Services ©1996, 2020 Bankers <br />SystemsTM <br />Page 10 <br />
The URL can be used to link to this page
Your browser does not support the video tag.