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200308503 <br />successors in interest to warrant and defend the title aforesaid thereto and every part thereof against the lawful claims of all <br />persons whomsoever. <br />11. For better security of the indebtedness hereby secured, the Grantor, upon the request of the Beneficiary, its <br />successors or assigns, shall execute and deliver a supplemental mortgage or mortgages covering any additions, improvements, <br />or betterments made to the property hereinabove described and all property acquired after the date hereof (all in form <br />satisfactory to Grantee). Furthermore, should Grantor fail to cure any default in the payment of a prior or inferior <br />encumbrance on the property described by this instrument, Grantor hereby agrees to permit Beneficiary to cure such default, <br />but Beneficiary is not obligated to do so; and such advances shall become part of the indebtedness secured by this instrument, <br />subject to the same terms and conditions. <br />12. That all awards of damages in connection with any condemnation for public use of or injury to any of said <br />property are hereby assigned and shall be paid to Beneficiary, who may apply the same to payment of the installments last due <br />under said note, and the Beneficiary is hereby authorized, in the name of the Grantor, to execute and deliver valid acquittances <br />thereof and to appeal from any such award. <br />13. The irrevocable right to appoint a substitute trustee or trustees is hereby expressly granted to the Beneficiary, <br />his successors or assigns, to be exercised at any time hereafter without notice and without specifying any reason therefor, by <br />filing for record in the office where this instrument is recorded an instrument of appointment. The Grantor and the Trustee <br />herein named or that may hereinafter be substituted hereunder expressly waive notice of the exercise of this right as well as <br />any requirement or application to any court for the removal, appointment or substitution of any trustee hereunder. <br />14. Notice of the exercise of any option granted herein to the Beneficiary or to the holder of the note secured hereby <br />is not required to be given the Grantor, the Grantor having hereby waived such notice. <br />15. If more than one person joins in the execution of this instrument as Grantor or if anyone so joined be of the <br />feminine sex, the pronouns and relative words used herein shall be read as if written in the plural or feminine, respectively, <br />and the term "Beneficiary" shall include any payee of the indebtedness hereby secured or any assignee or transferee thereof <br />whether by operation of law or otherwise. The covenants herein contained shall bind and the rights herein granted or conveyed <br />shall inure to the respective heirs, executors, administrators, successors, and assigns of the parties hereto. <br />16. In compliance with section 101.106 of the Rules and Regulations of the Small Business Administration [13 C.F.R. <br />101.106] , this instrument is to be construed and enforced in accordance with applicable Federal law. <br />17. A judicial decree, order, or judgment holding any provision or portion of this instrument invalid or unenforceable <br />shall not in any way impair or preclude the enforcement of the remaining provisions or portions of this instrument. <br />IN WITNESS WHEREOF, the Grantor has executed this instrument and the Trustee and Beneficiary have accepted the <br />delivery of this instrument as of the day and year aforesaid. <br />STATE OF NEBRASKA ) <br />COUNTY OF M- ) <br />Before me, a qualified Notary Public, personally appeared James <br />C. Lantis, and Sharon K. Lantis known to me to be the identical <br />person(s) who signed the foregoing instrument, and <br />acknowledged the execution thereof to be his /her /their voluntary <br />act and deed. <br />Witness my hand and Notarial Seal on <br />1-kE- 3 , 20 0. <br />Notary Public <br />My Commission Expires: <br />Page 4 <br />1G <br />u7n-:�CDftE4Z2W1 <br />