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200303779 Tros[orls') hereby warrants that Trustorlsl holds fee simple title to the above described property, that Trustorsl 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 Tra tprl_al will warrant and defend the property, at Trustorlsl expense, against all claimants whomsoever. Trustorlsl also hereby waves and relinquishes all rights of dower, homestead, distributive share, and exempt ion in and to the above described property. Trustorlsl and each of them further covenants and agrees with Beneficiary as follows: 1. To pay .11 111 judgments, an piper assessments against the property, and to pay when due all assessments, taxes, rents, fees, or charges upon the property or under any lease, permit, license, or pnvilage assigned to Beneficiary as additional security to this I rust Deed hlduding those In or on public chosin. 2. To insure and keep Insured buildings and other improvements including fixtures and attarhmoms now on or hereafter placed on the property to the satisfaction of Beneficiary. Such insurance will be approved by and parapeted with Beneficiary, and endorsed with loss payable clause to Beneficiary. Any sums so received by Banefic ary may be used to pay for reconstruction Of the destroyed improvements ar If not so applied may In applietl, et the option of Be toe less, in payment of any indebtedness c matured h wiI or of the collateral, severed by this Trust Deed. Such insurance will de Dint at least equal to the lesser of e, lightning, loan balance, the actual cash value of the collateral, a the replacement cost of da Uroperly, antl Trill at a minimum, cover losses caused by tire, n fce t cover losses riot, aircraft, s required vandalism, civil commotion, smoke, o d Incur and hall. w T ustorls( will obtain and keep flood insurance in force to cover losses or flood as agree Reneflcary and by the National Flab Insurance Act of 196$ a r by and by r, for inns implementing the same. Trustorlsl further agree (ha( ecnoflviary is not and will not be liable for any failure by Trustorlsl n by any ,fixture for whatever cuts, asnm to r obtain imps antl keep this Insurance In torte. 3. To keep sll buildings, fixtures, neith r tom and other improvements now on or hereafter placed on the properly occupied and In good repair, 'e, Il the and condition and to he same commit nor rm Earmit an au acts of waste et any impairment of the value of the property. Beneficiary may enter then the property to Inspect the same s, to perform any acts authorized taxes, berets or in the ban agree, maintain 4. n the fi,u— , o Wls) fails m pay any Plane, s as menu, d assessments, herein taxes, agraa fees, r,L O arnefo fir mat its In arty'insurance , I the payment, mnasm�, n.mrn� nuncnmrnts o improvements as provided herein earn the loan aoreemenbsl. Buncficiarv, at its dptioo, may make such payments lance, of repairs and r and bear interest on, tits will In no o mon manner lit 5. In the event Renefiniary Is a party to enforce this Trust Deed or any suit In w may incur expenses and advance I other charges and any amounts so hear Imarest at the default rate art 6. Any awards made to Trustorls hereby authorized to collect and al ]. In the event at default In the pay to perform or observe any covenant x brought under any Bankruptcy It payable and the whole will bear Inn the Power of Sale granted herein It Trust Deed In the manner provided appplication, notice being hereby Inc emedness secured hereby or In thereof antl any at of Beneficiary sale or foreclosure are ins uffl cont t balance. and Beneficiary will be or any litigation affecting t rich Beneficiary is name its for ahsvant fees, art cod will become part of in the colds) from the c air successors by the ex a same In payment of or It at the ad e manned law for tha sly won cart annual I resterog such Notice al Us l cult and Notice oT loan as Tnen required by if and place of sale fixed in the Notice of Sale, either as a whole or in somermr Ad, Econo me, bid at the said including Trustorlsl. Trustee, or Beneficial 9. Treadmill hereby requests a copy of any Notice of Default or Nabc 10. bat forth t Upon default, the ien either In parson h rg the i with d without of the property or the Own name thereof to discharge the Indebtedness any of the property u its own name orb then of the Truorcc and e any iauth preserve the value of the property to any Interest therein, issues, the t acome p n any for bt doe secured ike tents. the efOps, eel Is ' IwSP the same upon any indebtedness secured hereby r in the loan aqa far, I. a, a remedy herein conferred upon or reserved be Trustee or t oevery t Is or permitted, but each will ex cumulative, will tl in addition to every cutup or . arappo and n may ed es that t concurrently, aeations f Of tee o rt its Tbraska j acknowledges that the tee duties and obligations of Trustee e the Nebraska Trust Deeds Act and Trustee will not be liable except for the therein, and no implied covenants nr obligations will be imposed upon T Integrity and responsibility of Trustorls) constitutes or convey the property described herein, without 1 Assignment of Rents Including Proceeds of Minei ruses, and delay prays or other proceeds that an gel, rock, or other mineral of. of any kind Ind i property may any part thereof. All such sums so option, may turn over and deliver to Trustorlsl or its r take and stain future sums, and without r a pro rams''mn for the payment or reduction of the e The advanced, contained In this Trust Dead will void or unenforceable, that determmatlon will not of is note(s) from the date of payment until paid- The advancement by to declare Trustorlsl In default or exercise any of Beneficiury'u other n the lien of this Trust Deed,' including any action by Beneficiary to t (Including condemnation and bankruptcy pordar ingsl Beneflmary to the extent allowed by law(, vats, expanses, appraisal fees, and indebtedness secured hereby, be immediately due and payable and me umil paid. cent domain are hereby assigned to Beneficiary; and Beneficiary is mu Wre a unmaturad, secured by this Trust Dead. ( principal, Interest, advancements, or protective advances), or failure slat. Ivan anraement(s). or any other Instruments, or any oroccommay notmad and Beneficiary may Immediately authorize I refuse to ex par Deeds Act, or, at the option of the Beneficiary, may foredo: on real property, including the appointment of a Receiver upon ex to value of the property or the sudlinceriLly thanot to diseharg art in exercising its rights upon default will not be construed as u v Beneficiary will marty Trustee who will heard, publish, and deliver to v and will in the manner provided by law, sell the properly at the time ors, parcels, or items and in such order as Trustee will deem expectant. of Sole In emperor to be mailed by certified mall to Trustorlsl at the ringing any action or proceeding and with or without regard to the value red hereby, Is authorized and entitled to enter upon and take pussessien tots or expand any sums It deems necessary or desirable to protect or ;omc therefrom; and with or without taking possession of the property and (mime lhemob including those past due and unpaid, and apply IU tended to be exclusive of any other remedy Imroln or by law provided medy given hereunder or now or hereafter existing at law or in equity I be determined solely by the express provisions of this Trust Deed or cuter tunas of such duties and obligations as are specifically set forth (steel Trustee will nut be liable for any action by it in plead faith and of powers conferred upon it by this Trust Dead or state law . os'damtron for the obligations secured hereby Should Trusturlp) cullr uitten consent of Reneflciary, Beneficiary, at its option, may declare the entire enF reoment of its rights as ea an, other default. ustor(s) hereby assigns, tramplers, and conveys to Beneficiary all rents, royalties, o time become due and payable under any real acted, lease or under any oil, gas, rail now existing or that may hereafter come Into existence, covering e nef ary will be applied to the indebtedness secured hereby; or Baneticlary, at ors In I n larost, any or all of such sums w'ahme prejudice to any of Beneficiary's of Its other rights under this Trust Deed. This assignment will ha construed to the Beneficiary's option as behinbefore provided, Independent of the lien on the of this Trust Deed of record, this assignment will become Inoperative and of no st to all the property described hereln. s be severable: in the event that any portion of this Trust Dead La determined to lofty of the remaining portions of did Trust Fred. �hrLHARGE �.p�� C INDIVIDUAL BORROWER AOKNOWLEDGMEN STATE OF NEBRASKA I 1 as COUNTY OF HALL 1 Dome 28Lh day of March 2003, before me, a Notary Public, personally appeared Ronald G. Etargens a single person to me known to be the fearsome) named In and who executed the foregoing Instrument, and acknowledged that 1Te executed the same as his voluntary act and deed, (SEAL) GENERAL NOTARY- State Of Nebraska Echo Alcorn 'III ECHO ALCORN My Comm. Eip. MzrCrl 21, 2006 (Typo name under signature) Ap'g: 00301133; Primary Customer ID N. 00043705; OF N: 109513 Legal Doc, Date: March 28, 2003 FORM 501 I, Trust Deed and Assignment of Rents dead 2