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MAY. 21. 2003t!—' 3 :03PM 40HERITAGE BANK Tier0ne Bank - --M•499'• — P.?i9- <br />14 003/005 <br />200310721 <br />The Revocable Trust Trustee(s) warreats to the Lender that (i) the Revocable Truse i$ validly created <br />under the laws; of the State of NEBRASKA ; (ii) the trust instrument Creating the <br />Revocable Trust is in full tbree and effect and there are no amendments or other modifications to the trust <br />instrument affecting the revocability of the Revocable Trust; (iii) the PMcrttiy is locoed in the State of <br />(iv) the Revocable Truax Trustee(s) have full power and <br />authority as tmstee(s) under the trust instrument creating the Revocable Tmsr and under applicable law to exocti <br />the Security Instrument, including this Rider; (v) the Xavooable Trust Trustee(s) have executed the Sex dq <br />IM(rume .including this Rider, on behalf of the Revocable Trust; (vi) the Revocable Trust Settlor(s) have <br />extorted die Security Instrwna 4 lncuding this Rider, acknowledging ail of the terms and eandhions cow alaed <br />therein and weeing to be bound thereby; (vii) oNy the Revocable Trust Sealor(s) and the Revocable Trust <br />Trustee(s) may hold any power of direction over the Revocablc Trust; (viii) only the Revocable Trwt Settior(s) <br />hold the power to direct the Trustee(g) in the manageme x of the Property; (ix) only the Revocable 'fit settlor(s) <br />hold the power of ;evocation over the Revocable Trust; and (X) the Rcvoc:able Trust Tttraiee(s) have not been <br />notified of the existence or assertion at any flea, e=mbranc a or claim againd any beneficial interear in, or <br />traaafer of all or any portion of any benefclal interest in or powers of direction over the Revocable Trust <br />Trustee(e) or the Revocable Trust, as the case may be, or powcr of revocation over the Revocable Trust. <br />2. NOTICE OF CHANGES TO REVOCABLE TRUST AND TRANSUR OF POWERS OVER <br />REVOCABLE TRUST TRUSTRE(S) OR REVOCABLE TRUST OR BOTH; NOTICE OF CHANGE OF <br />REVOCABLE MUST TRUSTSE(S); NOTICE OF CEANGE OF OCCUPANCX or, THE PROPERTY; <br />NOTICE OF TRANSFER OF BENEFICIAL INTEREST IN REVOCABLr TRUST. <br />The Revocable Trust Trustee(s) shall provide timely nodrx to the Lender promptly ttpon notice or <br />knowledge of any revocation or termination of the RevMble Ttvs% or of any change in the holders of the powers <br />of direction over the Revocable Trust Trustee($) or the Revocable Trust, as tho case may be, or of any ch2nge in <br />the holders of the power of revocation over the Revocable Taut, or born, or of any change in the trustee(s) of the <br />Revocable Trust (whether such ctiange is tclnProrsry or pennanwO, or of any change in the occupancy of the <br />Property, or of any sate, transfer, assignment or other disposition (whether by operation of law or odwrwise) of <br />any beneficial interest in the Revocablc Trust. <br />B. ADDITIONAL BORROWER(S). <br />The rerm "Borrower" whet used in the Security lnstrruneat $ball refer to the Revocablo Trost, the <br />Revocable Trust TTUACC(s) and the Revocable Taut Settlot%. jointly and scvetally. Each party steam$ this Ryder <br />below (whether by accepting and agreeing to the terms and covenants contained herein or by acknowledliing an of <br />the terms And covertams contained herein and agreeing to be bound thereby, or both) covenants and agrees brat, <br />whether or trot $etch party is named as "Borrower" on the first page of the Security Instrurnent, each covenant and <br />agreement and Watsking of the "Borrower" in the Security Instm=t shall be such party's covenant cad <br />agreement and undertaking as "Borrower" and sball be enforceable by the Lender as iC such party were named as <br />"Borrower' in the Security Instrtrtrltmt. 1 <br />TRUST. C, TRANSFER OF TOE PROPERTY OR A B&NM, IIVT CIAL aFM IN TIES REVOCABLE <br />Uniform Covenant 17 of the Security Insmxmt is amended to read as follows: <br />Transfer of Denenclal Iateml. Transfer of the Ptvpetty. <br />It, without the Lender's prior wrinen m mgmt, (1) all or any part of the Property or an interest in the <br />Property is sold or transferred or (ii) there is a sale, transfer, assignment or other diSPomidon of any beneficial <br />(DV 7z tseos) <br />Page Z of <br />Pk <br />IWO11! <br />