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202204218
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Last modified
6/8/2022 11:11:49 AM
Creation date
6/8/2022 11:11:34 AM
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DEEDS
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202204218
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`'022 ll4218 <br />6. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security <br />agreement or other lien document that created a prior security interest or encumbrance on the <br />Property, Grantor agrees: <br />A. To make all payments when due and to perform or comply with all covenants. <br />B. To promptly deliver to Lender any notices that Grantor receives from the holder. <br />C. Not to allow any modification or extension of, nor to request any future advances under <br />any note or agreement secured by the lien document without Lender's prior written consent. <br />7. CLAIMS AGAINST TITLE. Grantor will pay all taxes, assessments, liens, encumbrances, <br />lease payments, ground rents, utilities, and other charges relating to the Property when due. <br />Lender may require Grantor to provide to Lender copies of all notices that such amounts are due <br />and the receipts evidencing Grantor's payment. Grantor will defend title to the Property against <br />any claims that would impair the lien of this Security Instrument. Grantor agrees to assign to <br />Lender, as requested by Lender, any rights, claims or defenses Grantor may have against <br />parties who supply labor or materials to maintain or improve the Property. <br />8. DUE ON SALE OR ENCUMBRANCE. Lender may, at its option, declare the entire balance of <br />the Secured Debt to be immediately due and payable upon the creation of, or contract for the <br />creation of, any lien, encumbrance, transfer or sale of all or any part of the Property. This right <br />is subject to the restrictions imposed by federal law, as applicable. <br />9. TRANSFER OF AN INTEREST IN THE GRANTOR. If Grantor is an entity other than a natural <br />person (such as a corporation, partnership, limited liability company or other organization), <br />Lender may demand immediate payment if: <br />A. A beneficial interest in Grantor is sold or transferred. <br />B. There is a change in either the identity or number of members of a partnership or similar <br />entity. <br />C. There is a change in ownership of more than 25 percent of the voting stock of a <br />corporation, partnership, limited liability company or similar entity. <br />However, Lender may not demand payment in the above situations if it is prohibited by law as <br />of the date of this Security Instrument. <br />10. WARRANTIES AND REPRESENTATIONS. Grantor makes to Lender the following <br />warranties and representations which will continue as long as this Security Instrument is in <br />effect: <br />A. Power. Grantor is duly organized, and validly existing and in good standing in all <br />jurisdictions in which Grantor operates. Grantor has the power and authority to enter into <br />this transaction and to carry on Grantor's business or activity as it is now being conducted <br />and, as applicable, is qualified to do so in each jurisdiction in which Grantor operates. <br />B. Authority. The execution, delivery and performance of this Security Instrument and the <br />obligation evidenced by this Security Instrument are within Grantor's powers, have been <br />duly authorized, have received all necessary governmental approval, will not violate any <br />provision of law, or order of court or governmental agency, and will not violate any <br />agreement to which Grantor is a party or to which Grantor is or any of Grantor's property is <br />subject. <br />C. Name and Place of Business. Other than previously disclosed in writing to Lender, <br />Grantor has not changed Grantor's name or principal place of business within the last 10 <br />years and has not used any other trade or fictitious name. Without Lender's prior written <br />J & L Westward Enterprises, LLC <br />Nebraska Deed Of Trust <br />NE/4XXMUTTER00000000002795068060122N <br />Wolters Kluwer Financial Services ©1996, 2022 Bankers Page 3 <br />Systemste <br />
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