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r1. <br />r r. is '7 j _ .jt�'•:77 .,; .., <br />...,;f _ . <br />..(�5v �fi1W�gw... <br />7'•j <br />t <br />ts= is -1s�0 DEED OF TRUST 90-- 10'7241 Paps 3 <br />Loam No OM 1 -17 (ConWl em <br />aMitktp Policy a insurance athowi ng: (a) tM rtMmN of The Mwar, (b) go MM kewad; (o) the amount of "polar, (d) the property Nsuad. Me <br />tree crater% MpleoarWO waMU d mil M tha nwwlM W dwam that vMue; and (a) tie expiration data of the poror. Ghana► <br />a1W, upon request of Lander, hears an Walter $Od&CWY a determine tine oast Value nplaOWMO OW of the foP"- <br />ffWZ WWM h LJe1i M N WNW lame a Mark with any provdabn of the Dsed of Trust, or N any action or Wmeding is commenced ter <br />tareuid al m Lenders senile in the PMparv. Lance on Gm W@ behalf nmy, tnt shall rnM be required 10, take dale 1001111111,11 o Or Paid <br />W <br />rlernt ap(srnprian Mr arrlount tlwt f�rlde algl�in w doing a Lenders Opbn will hI he p�u� on (� added a the balance of <br />by tandu too t. d1M of repayments by b becontf are during either (1) the Ism of any epplfcabM <br />tan Note will be eppo0oned among aid be pe " �Wtaurn+Mr Icernww <br />irnfuanos poor of (1) Ute tons t+g la rin of iM . or (c) to tared M ■ balm �""d which oil be 4110 and payaftie M the Noteta m1ba11 <br />To pad of Trust Mee will Mourn payrawint of these amounts. The dghla provided for this paragraph $hall be M n b any other tipfna or any <br />fort 1-- to which <br />sty ender nest N otslrwlse would socurri of <br />Myra the � such a� by La � not be oonstrued toe owing the daft t a r 10 <br />WAR�Yi DES OF T MJ The following g PMVWDm "MOV b ownsrslnfp Of SO PeopetlM ails a pat Of tilt Dead of Tnrl <br />TNM. firanar wararw thtto (a) aranbr holds good and muturiabie lute aI word fD to pgpab in few sYrpie, *se and dw of M We sad <br />Wroure wWas other than pas sit fort in the Real Phoprly dacuipror* off N arty up b Miler. poky. fire report, W am on opinim imued in <br />leer at and accepted by, Larder in connection whh the Dad of Tout and (b) Granw has tin full riptnt, pow N and ahuftf* b macro and <br />d*iw tiia Dead of Thiel to Landr. <br />odwm of Tale. Subpar b to c osprotn in the paragraph shove. Grantor Were la and ud isrwer deasd We time n tfne Ftoparb apekr on <br />lea" chins of M parent. M ee avant any action or proceeding is osnmltenoed OW WuaeMar Gnnlprls Ifre cur the khNeret101 TneMS «tarhdr <br />under rte Dad 0f Tn et , armor" d@WW the action M GrarnlOea aonernaa falarix mar bs tin. nonrlhtsl glumly fn guar prooatarng bent tarter <br />aN1 be ernww b pa *inane in the por - MO and a be npsMrted M the proceeding by oourrti oa LendsA own choice. artd Grataor wilt <br />deiwr, or Carle b be dWvead, to Lander such W*Wmraa a Lamellar rrnay MP" from time b time to permit such pa ti ipdML <br />Coalpdrroe With Laws. Gregor warxu that ter pop" end Grsnbrb use of tha Rop&W aorlVM with M aftling aPplicaft IMr4 <br />cro w"% and NFAINOns of governess authorities. <br />Co"DopUTM The following proviaiom m Wrg b proceedings in conder nation are a pert of this Dead of Trust. <br />AppMoMi 0 d Nett Prooaarte N as or any pat of the Property is corndenined anent proceedings o f d bye applied tOr purchase ea <br />fo feu a condemnation, Dander may at fa election require that an or any portion <br />at to repair or ramradion of the Property. The not proceeds of the award stuff mean the award War payment ofd reasonable Masai arrpetnlee6 <br />and amorrwya fate rdmnadht PMd r kmsmed by Gtor4w. Truaee or Lander in Connection with the oondeffas OM <br />Proo"dinge. It any proceeding in condemnation M filed. Grammar shell pmerptfy no* Londw M writing, and Grantor she PHNMV take such <br />aMpe toe rrny be nsoM$My ee deleted the action and obtain On award. Grantor army be the rant W Party in such proceaWg. but Lander ehd be <br />erwred a prrdPM. Ingo prootodng ant 10 be m-1 an nsd M the proceeding by counsel of he own choice. and Grantor will dews a caw 10 <br />be daliwaad b Ludy such kakunwnM as may be requested by N front tuna b till@ a perm* such participation. <br />gWoBtf10N OF TAXEL FEES AND CNAttM BY WiERNMENTAL AUTNDRnTE& The bbwing proNabrM rdatirg 10 gOVerrn @"W tetra., fans <br />tied charges we a part of this Dead of TnisC <br />Currant Tanta% Fees and Chugae. Upon request by Lender, Grantor shelf execute such documents In addition to the Dead of Tent and lice <br />w hoew other, adlon M n posad by Lady to period and confirm Lerida'. Tian on Me Real keg this Dead DooGrantor a"d imlNu wNhoudwr for l <br />tae.. a desc ilbol below, together with N expenses Incurred In recording. Patectkg <br />all lacer, fees, doc unw Arty stamps. and other doges for noording or regblakg W.a Deed of Trust. <br />Tutee, The following end oOntltWO taxes to which this action apptlea: (a) a spec firs tax upon tits type d Deed of Trust or upon of or any past <br />of lie Indebtedness wound by this Deed of Trust: (b) a spracftic tax On Grantor which Grantor is aulhorkM or required to deduct from Psynwnb <br />on the IrhdebedreM seated by tltb type of Dead n of theme lI (Crld) btedrhese of on psynlMhb of iprMdpal and nWW against <br />made by of the holder of <br />the Note; and (d) a specific tax on all or arty pOrtlo <br />8iilhaagtnad Taxes. N any tax b which this section applies b enacted subsequent to the date of this Deed of Trust, this event she have the same <br />effect a at Evert of Default (a defined below), and Lender may exercise any or d of ft available ren xiles for an Event of Delve* me provided <br />below unless Grantor endear (a) pop the tax baler. N becomes ddMPAM or (b) contests the tax as provklod above in the Taxes and Uwm <br />section and duposils with Lander cwh or a sufficient corporate surety bond or other security eetiMacWq to Lander. <br />SECURITY AGREEMENT; FINANCING STATEMENFS• The following provisions relating to this Deed of Trust a a security OWGWO nth NO a Pert of <br />ills Dad clTnnt. <br />Security Agnemene, This Irnstumart shelf con ailbee a acudly agreement to the extent any of the Property OOMMWW fbrtures or other personal <br />property, and Lander shall haw OM of the rights of a secured party under the Nebraske Uniform Commc:ial Code as amended from WM a tine. <br />Sscu t Intarest Upon request by Lender. Grantor shd execute financing statements and take whatever other action a requested by Lander to <br />perfect and continue Lender's security Interest In the Rents and Personal Property. In addition to recording ihb Deed of Trust M the real properly <br />rsoorda, Lender may, at any time and wiUhout further authorization from Grantor, fife executed counterparts, copies or reproductions of hits Deed <br />of Trust as a financing staternent. Grantor shelf reimburse Lender for W expenses Incurred In perfedirg or continuing this severity WWGIL Upon <br />dglau le Lacer vwWin three (3) Jaya Mwr Prop" in a n nonnw and ad demand from ap� reanoneW convanieat to Groner and Lander and make N <br />Wanedie Deed ofnTrustt may be ofbtained ( required by the Nabraske Uniform Commercial Code), are a stated an to ftd paps of <br />this Deed of Trust. <br />FURThER ASSURAYYEC9i ATTORNEY -IN -FACT. The following provisions relating to further m auranres and attorney -In -fact are a pat of this Dead <br />of Trull. <br />Fwttw Aseurpacm At any tire. and from time b elms, upon request of Lender, Grardce "I take. execute and deliver, or will cause a be <br />mede, executed or delivered. to Lender or to Lender's assignee, and when requested ty Lorder. cause to be filed. recorded. retied, or <br />rerecorded, as no Gass may be. at such times and In such offices and places as Lender max awn appropriate, any and all such anortgag(W <br />deeds of tustt. security deeds, security agreements, financing statements, commr- awn statements, Instruments of further aeruance, certificates. <br />and other doc+. ztanla as may. in the sole opinion of Lender, be necessary ci callable in order to OfeCt«e:D. co plota. perfect, continue. cur <br />preesns (a) the obligations of grantor under the Note. this Deed of Trust, ant 1,,w Related Documents. arc? ;c, to am and security invests <br />.metaled by this Dead of That as first and prior liens on the Properft. whent,er taw owned or hereafo acpuuev .r+ Grantor. Unless prehrbded 14 <br />Ijw of agreed 10 der Conway bV Lender in wrong, Grammer el'a:l renburse Lender fer ill ocsts• end O)OCOM incurred in eorarecken wM the <br />marten rdarred to in this paragraph. <br />Attorrair -la -Fact a Gram few to do any of the thwgs metered w in the r�",ro 4nq Faragaaph, Lender may do so for and In the narne of <br />Grantor ail as Grammes expense. For such purposes. Grantor herebm• arerocuy.l7 ippornts Lender as Graraer't 'Mrrey -in -lost for the purpose <br />of rno ng, OWMMrg, delfverkg. filing, recording, and dowrg air other tiMrrgs as may be necesaary or desrwis. in Lenders acts oplrW L 10 <br />..rrr,h <br />apppmfaiwi, rr trowel iwwTiwi .`.. : +rte^ —•=a i --: -� <br />FULLPERFOPMANCIL n Gnrtor pays cur the Indebtedrrssa when due, and otherwise performs at tare obligations Imposed upon Granor under this <br />Deed of Trot. Larder "execute and deliver to Trustee a coquesi for hd reoonveyance and shelf execute and deliver to Grantor surfew suerrnants <br />of tsniinatbn of arty Stn sndng staernent on Me evkkmwg leader's secwity interest in the Rents and the Personal Property. Any reconveyance Ise <br />m**W by law $hue be paid by Grantor. a pexmhtisd by MOCAM& few. <br />DEFAULT. Each or ins fobwirg, at the option of Lender. sill camatute an evert of default ('Event of Dolma ► under this Deed of Trust: <br />od" on hadeblsausa Failure of Grantor a mere any pa0`9104 when due on the IndeOwdna s <br />9d wit oa Other Payraarla Failure of Grantor within pus ems racWod by ells Dead of Truer b leak& arty PWrWr 1nr tea cur urawavla, Of any <br />MW popwr necessary b prevent WV of or a enact dacharga of wy tan. <br />Cora�Neaes DdllmA Failure b omv* with any other term, obb9ocn, covenant or condmon contained tin ens Deed of Trust, the Note or in any <br />of the Related Docwnhernta. n such a fainta is curable and N Grantor has not been guven a nobce of a breach of the same provision of this Deed of <br />Trust wise Ora pmadi g twelve (12) month, It nelr be cured land no Event of Default wt have occurred) it Grantor, attar Lander sends VR OM <br />notice demarK&V we at such taint: (a) curet the helure wtNn hf w (15) days: or (b) * the cure requires more than Mown (15) dayk <br />enr nyaaMy krMfeem steps Wieciera a sue the latex. and thereafter conennes and con'ple se toe reaslMtilelmW fiery shape Sufficient to <br />produce corrpkaroe se soon a. reaonsWY Practice! <br />Brand*& Any warranty. rep seentabn or siransrd rude or furnshhed W Lander by or on behalf of Grantor under this Dead of Trust. Ire Noll <br />