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<br />use of such property, then the Grantor shall (to the extent permitted by applicable law)
<br />indemnify, defend and hold each Indemnitee 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 />22. FIXTURE FILING. Grantor gives to Lender a security interest in all goods that Grantor owns
<br />now or in the future and that are or will become fixtures related to the Property. This Security
<br />Instrument constitutes a financing statement and is to be recorded in the real estate records.
<br />23. 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).
<br />24. PERSONAL PROPERTY. Grantor gives to Lender a security interest in all personal property
<br />located on or connected with the Property, including all farm products, inventory, equipment,
<br />accounts, documents, instruments, chattel paper, general intangibles, and all other items of
<br />personal property Grantor owns now or in the future and that are used or useful in the
<br />construction, ownership, operation, management, or maintenance of the Property (all of which
<br />shall also be included in the term Property). The term "personal property" specifically excludes
<br />that property described as "household goods" secured in connection with a "consumer" loan as
<br />those terms are defined in applicable federal regulations governing unfair and deceptive credit
<br />practices.
<br />25. APPLICABLE LAW. This Security Instrument is governed by the laws of Nebratka, 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 />26. 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 />27. AMENDMENT, INTEGRATION AND SEVERABILITY. This Security Instrument may not be
<br />amended or modified by oral agreement. No amendment or modification of this Security
<br />Instrument is effective unless made in writing. This Security Instrument and any other
<br />documents relating to the Secured Debts are the complete and final expression of the
<br />agreement. If any provision of this Security Instrument is unenforceable, then the unenforceable
<br />provision will be severed and the remaining provisions will still be enforceable.
<br />28. INTERPRETATION. Whenever used, the singular includes the plural and the plural includes
<br />the singular. The section headings are for convenience only and are not to be used to interpret
<br />or define the terms of this Security Instrument.
<br />29. REQUEST FOR NOTICE. Grantor hereby requests that a copy of any notice of default and a
<br />copy of any notice of sale thereunder be mailed to each party to this Security Instrument at
<br />their respective addresses provided herein.
<br />30. NOTICE, ADDITIONAL DOCUMENTS AND RECORDING FEES. Except as provided in
<br />REQUEST FOR NOTICE and unless otherwise required by law: Any notice shall be given by
<br />delivering it or mailing it by first class mail to the appropriate party's address listed in the DATE
<br />AND PARTIES section, or to any other address designated in writing. Notice to one Grantor will
<br />be deemed to be notice to all Grantors. Grantor will inform Lender in writing of any change in
<br />Grantor's name, address or other application information. Grantor will provide Lender any
<br />other, correct and complete information Lender requests to effectively mortgage or convey the
<br />Property. Grantor agrees to pay all expenses, charges and taxes in connection with the
<br />preparation and recording of this Security Instrument. Grantor agrees to sign, deliver, and file
<br />any additional documents or certifications that Lender may consider necessary to perfect,
<br />continue, and preserve Grantor's obligations under this Security Instrument and to confirm
<br />QUANDT FARMS, INC.
<br />Nebraska Deed Of Trust
<br />NE/4JBARENBE00000000003701043N Wolters Kluwer Financial Services, Inc.c1996, 2025 Page 7
<br />Bankers Systeme"'
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