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202605966
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9/15/2026 3:52:45 PM
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9/15/2026 3:52:45 PM
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DEEDS
Inst Number
202605966
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2026 05 966 <br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the <br />principalof, and the interest on the indebtedness evidenced by the Note, charges, fees and all other <br />sumsas provided in the Loan Instruments. <br />2. REAL ESTATE TAXES/INSURANCE. Trustor shall pay the annual <br />real estate taxes to the Hall County Treasurer before the taxes become delinquent and shall <br />furnish tax receipts to Beneficiary on or before May 1st and September 1st each year. <br />Furthermore, Trustor shall secure adequate property/casualty insurance coverage securing the <br />property in anadequate amount to cover the outstanding balance of the Note referenced herein. <br />Trustor shallprovide Beneficiary with an annual declaration of insurance coverage naming the <br />Beneficiary primary loss payee. In the event that either real estate taxes or insurance coverage <br />are not paid by the Trustor, Beneficiary shall pay said costs at their sole discretion and the costs thereof <br />shallbe reimbursed in full by the Trustor. <br />3. ACTIONS AFFECTING TRUST ESTATE. Trustor shall appear in and <br />contest any action or proceeding purporting to affect the security hereof or the rights or powers <br />of Beneficiary or Trustee, and shall pay all costs and expenses, including cost of evidence of title <br />and attorney's fees, in any such action or proceeding in which Beneficiary or Trustee may <br />appear. Should Trustor fail to make any payment or to do any act as and in the manner <br />provided in any of the Loan Instruments, Beneficiary and or Trustee, each in its own discretion, <br />without obligation, may make or do the same in such manner and to such extent as either may <br />deem necessary to protect the security hereof. Trustor shall, immediately upon demand therefore <br />by Beneficiary, pay all costs and expenses incurred by Beneficiary in connection with the <br />exercise by Beneficiary of the foregoing rights, including, without limitation, costs of evidence <br />of title, court costs, appraisals, surveys and attorney's fees. Any such costs and expenses not <br />paid within ten (10) days of written demand shall draw interest at the default rate provided in the <br />Note. <br />4. EMINENT DOMAIN. Should the Trust Estate, or any part thereof or interest <br />therein, be taken or damaged by reason of any public improvement or condemnation proceeding, <br />or in any other manner including deed in lieu of Condemnation ("Condemnation"), or should <br />Trustor receive any notice or other information regarding such proceeding, Trustor shall give <br />prompt written notice thereof to Beneficiary. Beneficiary shall be entitled to all compensation <br />and condemnation awards and other payments or relief therefore and shall be entitled to make <br />any compromise or settlement in connection with such taking or damage. All such <br />compensation and condemnation, awards, damages, rights of action and proceeds awarded to <br />Trustor (the "Proceeds") are hereby assigned to Beneficiary; and Trustor agrees to execute such <br />further assignments of the Proceeds as Beneficiary or Trustee may require. <br />5. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, from <br />time to time, by a written instrument executed and acknowledged by Beneficiary, mailed to <br />Trustor and recorded in the County in which the Trust Estate is located and by otherwise <br />complying with the provisions of the applicable law of the State of Nebraska, substitute a <br />successor or successors to the Trustee named herein or acting hereunder. <br />6. SUCCESSORS AND ASSIGNS. This Deed of Trust applies to, inures to the <br />benefit of and binds all parties hereto, their heirs, legatees, devisees, personal representatives, <br />successors and assigns. The term `Beneficiary" shall mean the owner and holder of the Note, <br />whether or not named as Beneficiary herein. <br />7. INSPECTIONS. Beneficiary, or its agents, representatives or workmen, are <br />authorized to enter at any reasonable time upon or in any part of the Trust Estate for the purpose <br />of inspecting the same and for the purpose of performing any of the acts it is authorized to <br />perform under the terms of any of the Loan Instruments. <br />8. EVENTS OF DEFAULT. Any of the following events shall be deemed an <br />eventof default hereunder: <br />Page 2 of 5 <br />
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