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200402856
<br />reserve the value of the roppart or any interest therein, or increase the income therefrom; entl with or withouC taking Possession of the property
<br />P a authorize) fo sue for oP.therwisa collect the roots, issues, crops, prof'rte, and income thereof, including those past due and unpaid, and apply
<br />the same upon any indebtedness secured hereby or in the loan agree memisl.
<br />No remedy herein conferred upon or reservad m Tru"aa er Beneficiary is intm dy to an here /under or no woorr hrereafterf xisting .1 lawaor inr egtl ty
<br />r ppermitted, but each will be cumulative, will be in add"ian to every other remedy 9
<br />o by statute, and may be exercised concurrently, indepentlemly or 9uroossively.
<br />11. Trustorlsl acknowledges that the duties and obligations of Trustee will be determined solely t' the express Provisions of this Trust Deed or
<br />the Nebraska Trust cases Act and Trustee will not be liable except for the performance of such dunes entl obligabons as are specifically set forth
<br />therein, and no implied covenants or obligations will be imposed upon Trustee; Trustee will no[ be liable for any action by it in good faith and
<br />reasonably helievetl by it to be authorized or wi[Nn the disaretmn or rights of powers conferred upon it by [his Trust Deetl or state law.
<br />12. The integrity and responsibility of Trustorlsl cans[i[etes apart of the consideration for the obbBations secured hereby. Should Trustorlsl selh
<br />transfer or convey the property Jesenbed herein, without prior wnden consent of Beneficiary, Beneficiary, at its option, may declare the entire
<br />indebtedness immediate y ue and payable and may Pro asetl in the enforcement of its rights as on enV ether default
<br />13. Assignment of floors including Proceeds of Mineral Leases. Truator,a hereby assigns, transfers, anal conveys to Beneficiary all rents, royalties,
<br />nuaa a, and an ymoneys., other protease that may from time to time become tlue and payable under any real estate toes. or under any oil, Bas,
<br />9r v.1, rock, or other mineral lease of any kind including geothermal resources now .xisting or that may hereafter come into existence, covering
<br />the property or any part thereof. All such sums so received by Beneficiary will be applied to the Intlebtetlnas9 securotl hereby; or aeneficlery, et
<br />l[s option, may turn ay.r and de leer Ln Tr[IStOlI9I o! Ihelf one. aor. Ih Imet.a[, any or all .f aUah same Wlthee[ p!¢IUJIC2 [0 ant of Beneficiary's
<br />'ghts to take entl retain future sums, and without pprejudice to any of its other rights untlar this Trust f.is TNS assignment wi ba construed m
<br />be a provision for the payment or reduction of the tlebt, subject to the Benefit iar s option as, herelnbefore p`rovldatl, intlepenCent o! the lion on the
<br />__ _ .:_ _. x .ems Qe �� ear wnl M1ncnme inoperative and of no
<br />14. This Trust Dead constitutes a Security Agreement with respect to all the property described herein.
<br />15. 1 h covenants contained in this Trust Deed will be deemed to be severable; in the event that any portion of this Trust Deed is determined to
<br />he void or unenforceable, that determination will not affect the validity of the remaining portions of the Trust Dead.
<br />INDIVIDUAL BORROWER ACKNOWLEDGMENT
<br />STATE OF NEBRASKA I
<br />COUNTY OF HALL ' 99
<br />On this 24th day of March 2004 ,before me, a Notary Public, personally appeared Duane Rieflin, A /K /A
<br />Duane C. Rieflin and Vada Rieflin, A /K /A Vada M. Rieflin, husband and wife
<br />to me known to be the person(a) named in and who executed the foregoing instrument, and acknowledged that the executed the same as
<br />their voluntary act and dead.
<br />GFNENALNOTARY• 5N1e of Natal (SEAL) ECHO ALAORN
<br />My Comm.EN.Nath21,2p08 Echo Alcorn
<br />March 21 2004 fType name under signature/
<br />m arc ,
<br />My co
<br />mission expires Notary Public in and for said County and State
<br />Ap #: 00321334; Primary Customer ID #; 00039986; OF #; 38382 Legal Doc, Date: March 24, 2004
<br />FORM 5011, Trust Deed and Assignment of Roots Page 3
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