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P,M., HALL COUNTY, NEBRASKA. 200402856 PARCEL D: THE NW1 /4 OF SECTION 10, TOWNSHIP 9 NORTH, RANGE 9 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA. PARCEL E: THE SE1 /4 OF SECTION 21, TOWNSHIP 10 NORTH, RANGE 9 WEST OF THE 6TH P.M., GREELEY C0UNTY, NEBRASKA. PARCEL F: ALL OF SECTION 26, TOWNSHIP 18 NORTH, RANGE 9 WEST OF THE 6" P.M., GREELEY COUNTY, NEBRASKA. PARCEL G: ALL OF SECTTON 35, TOWNSHIP 18 NORTH, RANGE 9 WEST OF THE 6's P.M., GREELEY COUNTY, NEBRASKA. PARCEL H: THE SWI /4 OF SECTION 36, TOWNSHIP 18 NORTH, RANGE 9 WEST OF THE SIR P.M., GREELEY COUNTY, NEBRASKA. with all that may integrally belong to or her accoutrements of any structure or or In any way pertaining to the I an in the orooerty. now or lasts now or at ve and below r property, now or agency there and referred to In tins document as One property. It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure the repayment in full of the following described obligations, regardless of whether Mortgaged.) island liable thereon, and all future and additional loans or advances, protective or otherwise, which may be made by Beneficiary, at its option, at the request of, and to or for the account of Trustodd, the parties liable under the notes) or credit agreeonang.), or any of them, for any purpose, plus interest thereon, all payable according to the terms of the deals), credit agreements) or other instruments) modifying the same. Date of Notes) ar Credit Age errent(s) Principal Amoundsl b372477b lam- �9� f 09/2211981 212,800.00 at any one time will not exceed the sum of This Trust Deed will be due March Ot 2019. Trustor(s) hereby warrants that Trusmrlsl holds fee simple title to the above described property, that Trustor(al has good and lawful authority to deed and encumber the same, that the property is free and clear of all liens and encumbrances, except encumbrances of record, and that Trustorls) will warrant and defend the property, at Trustorls) expense, against all claimants whomsoever. Trusters) also hereby waives and relinquishes all rights of dower, homestead, distributive share, and exemption in and to the above described property. This trust deed secures more than one note. In the event of default under any note, all notes will be considered to be in default and the Beneficiary may exercise the remedies provided herein in satisfaction of all notes. Trustourist and each of them further covenants and agrees with Beneficiary as follows: 1. To pay all litre, lodgments, or other assessments against the property, and to pay when due all assessments, taxes, rents, lees, or charges upon the propperly or under any lease, permit, license, or privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or on ppublic domain. 2. br insure and keep Insured buildings and other improvements including fixtures and attachments now on or hereafter placed on the property to n.,, 1atilfaminn of Ranaficiarv. Such Insurance will be approved by and deposited with Beneficiary, and endorsed with loss payable clause to of 196 , will obtain and keep flood insurance in force to cover losses or flood as required at Beneficiary and by the Nations Flood or any fa re f 19usl as amended, and ur regulations , for implementing the same. Trustorls) further agree that Beneficiary is not and will not be liable for any failure by Trustorls) or by any insurer, for whatever reason, to obtain and keep this insurance in force. m To keep all and condition fixtures, attachments, and other improvements now to or hereafter placed on the property occupied and in goody may maintenance, and party to and to neither commit no permit any acts of waste or any impairment of the value of the property. Beneficiary may enter upon the property to ins pact the same or re perform any acts authorized herein or in the credits or maintain nt(s). 4. In the event Trusmr(s) fails to pay any liens, judgments, assessments, taxes, rents, fees, or charges or maintain any insurance an the properly, buildinys, fixtures, attachments, or improvements as provided herein or in the loan egreemantlsl. Beneficiary, at its option, may make such payments or proviJe insurance, maintenance, er rbpairs and any amounts paid therefor will become par[ of the principal indebtedness secured hereby, be immed'mlely due and payable and bear interest at the default rate provided in the note(s) or credit agreement(S) from the data of payment until paid. The advancement by Beneficiary of any such amounts will in no manner limit the right of Beneficiary to declare Trustor(s) in default or exercise any of Be neflc I.v a other rights and remedlea. 6. In the event Beneficiary is a party to any into ellectIbg the propperty or the lien of this Trust Deed, including any action by Beneficiary to enforce this Trust Deetl or any suit in which Beneficiary is named a defendant lincluding condemnation and bankruptcy proceedings) Beneficiary any incur expenses and advance payments for abstract fees, attorneys fees To the extent allowed by few), costs, axpenaea, appraisal fees, and other charges and any amounts so aJVanced will become part of the plIOLIPal indebtedness secured hereby, be immediately due and payable and bear interest at the default rate provided in the beto(aI or credit agreementlsl from the date of advance until geld. 6. Any awards made to Trus for lsl m [hair successors by the exercise of eminent domain are hereby assigned to Beneficiary; and Beneficiary is hereby aolda rizetl to collect and apply the same in payment of any indebtedness, mature or unmatared, secured by this Trust Deed, ]. Inthe event of default in [he payment when due of any sums secured hereby (principal, interest, advancements, or protective advanced, or failure to perorm or observe any covenants end conditions contained herein, in the'mh.(sl, credit, agreement(a) _or any other instruments, or any a. of a Rarei'er upon ex parts application, notice being herehy expressly waived, without regard to the value of the property arms sutncienny reactor to discharge the Indebtedness secured hereby or in the loan agreements. Delay by Beneficiary In exercising its rights upon default will not be nstrued as a waiver thereof and any act of Beneficiary waiving any specified default will not be construed as a waiver of any future default. If the proceeds under such sale or hurricane are inauffleientto paythe total indebtedness secured hereby, Trustorls) do hereby agree to be personally bound to pay the unpaid balance, and Beneficiary will be entitled to a deficiency judgment. B. Should Beneficiary elect to exercise the Power of Sale granted herein, Beneficiary will notify Trustee who will record, publish, and deliver to Lruslurls) such Notice of Default and Notice of Sale as then required by law and will in rho manner provided by law, sell the Property at the time 'and place of sale fixed in the Notice of Sale, either as a whole or in separate lots, parcels, or items and in such order as Trustee will deem expedient. Any parson may bid at the sale including Trusmdd, Trustee, or Beneficiary. 9. Trustorls) hereby requests a copy of any Notice of Default or Notice of Sale hereunder to be mailed by certified mail to Trustor(s) at the addresses) set firth herein. 10. Upon default, Beneficiary, either in person or by agent, with or without bringing any action or proceeding and with or without regard to the value of the property or the sufficiency, thereof to discharge the indebtedness secured hereby, is authorized and entitled to enter open and take possession of the property in its own name or In the name of the Trustee and do any acts or expend any sums it deems necessary or tlesireble to protect or Are N; 00321334; Primary Customer ID N: 00039986; CIF N: 38382 Legal Doc. Date. March 24, 2004 FORM 5011 , Trust Deed and Assignment of Rents Page 2