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200412422
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200412422
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Last modified
10/17/2011 12:39:22 AM
Creation date
10/21/2005 6:57:31 AM
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DEEDS
Inst Number
200412422
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240412422 <br />C. The obligations secured by this Mortgage (the "Obligations ") are as follows: <br />(1) the principal amount of $2,600,000.00 or so much thereof as may be advanced <br />by Lender under the Note and pursuant to the Loan Agreement; plus <br />(2) interest on the amount advanced and unrepaid, at the interest rate or rates <br />provided in the Note; plus <br />(3) all other amounts payable by Borrower and all other agreements of Borrower <br />under the Loan Documents as the same now exist or may hereafter be amended. <br />D. The Obligations shall mature on or before the earlier of the first day of the 61" full <br />month after the Conversion Date as defined in the Loan Agreement, or June 20, 2010, (the "Maturity <br />Date "). <br />E. The maximum principal indebtedness secured hereby is $2,600,000.00 plus amounts <br />which may be advanced by Lender in protection of the Mortgaged Property or this Mortgage. <br />NOW, THEREFORE, Mortgagor in consideration of Lender making the Loan, and to secure <br />the Loan and payment and performance of the Obligations, hereby grants, bargains, sells, conveys and <br />mortgages to Lender, its successors and assigns, forever, with power of sale, and grants to Lender, its <br />successors and assigns, a security interest in, the following, all of which is called the "Mortgaged <br />Property": <br />LAND AND IMPROVEMENTS <br />The land described in Exhibit A attached hereto and all mineral rights, hereditaments, easements <br />and appurtenances thereto (collectively the "Land "), and all improvements and structures thereon (the <br />"Improvements "); and <br />FIXTURES <br />All fixtures, machinery, equipment and personal property now or hereafter located on, in or <br />under the Land and the Improvements, constituting fixtures within the meaning of Nebraska Revised <br />Statutes, UCC Section 9 -102 (the "Fixtures "), and which are owned by Mortgagor or in which <br />Mortgagor has an interest, including any construction and building materials stored on and to be <br />included in the Improvements, plus any repairs, replacements and betterments to any of the foregoing <br />and the proceeds and products thereof; and <br />December 22, 2004 2 <br />F:\Data\21590\Mortgagc008.wpd <br />
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