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<br />'i\1 <br /> <br /> <br />':1:', <br /> <br />200610986 <br /> <br />ft" <br /> <br />. ~"-:i <br /> <br />i'li"Ii"' , <br />''(;-}. <br />((",'1 <br />C!~: <br />8 <br />1) <br /> <br />)!~' <br /> <br />1a <br />I <br /> <br />.. ,"' ".: I <br />1.3 "Obligations" means alllQans by the B~fleff~iar}\ to <br />>,._1' t.,,~ \ <br />~ ,""~ -",,".. (; ., , . . <br />)ncluding those loans evf~ncedby a,note or notes, 1ate~ ", " L~ ~,.~ ,-4~'"--~--=~. ',-,~,--li' '_----., <br />'.' .,. ..', ,,' ".,' .... " ':T"ih the initial principel/al11ourit(s): f $!;3Jlil..,Q90:,..QP "__ __~_~'-",:,:"." <br />,Oi A ''''';' I;'''', :" ,i 11, .j ,an~ an/i extensipns,l reQelAial'i, Tes~atement" andl'Tlodifications thereof and <br />, ~lLpwiI:ieip~,il'lterest,fees, aI1Id1expet;'lS6s;',ivelatin4 ,;th~retQ (th~:~~te");' I anp: 'al~' means, allttre, T-rustor:s d ebt&,rliabil ities, obligations, <br />cOlienant$;ll,lIIIarr.antje.9~:-andd).lties to the Benefi~iar,~ (pl~sit~a~liates,inqludi~g-:aI'lY credit,cardde:bl, but specifically excluding 'any <br />,typel'Clf:(.~OQ$umer.i'credit)i"WhethEm'now'0r: her+ftete~stin? 'i0~ 'inc'u rreQ;! lAI~ether, ,Iiq iJ idat6')Gl' 0r:iLlA liq uidated; 'whether' absolute or <br />contingent, Whether arising out of the Loan DocLtmerllts qr ot~erv.iise, and1reg2!'rdless:of:whethersuchObugations'ariseoutof existing <br />wfutLlr~;,c~~.cHt ~ra9teg.by.t~e; l3en~fi,c;,iafY tq ~dy Vl,JstOr, to any TrI,Jf;t01. and otherfi, tClotl1ersgyarantecd,~pdorsyd or otherwise <br />~E!cI,Jrec:l' by any Tru~tor or to any debtor-in-possessionjsuccessQr-in-interest of any Trustor,i:lnd principal, idterest, fees, expenses <br />and charges relating to any oUhe foregoing, including, withoLltlimitation, costs and expenses of collection i:!rld onforcement of this <br />Deed of Trust, attorneys' fees of b9~t}if1~i~e and outside counsel aQd environmemtal assessrnent or remediation costs. The interest <br />rate and maturity of such Obligations are as described in the documents creating the indebtedness secured hereby. <br />, , <br /> <br />F-'\mily Ent.I,.u;::12-1:j.~~L-~Lc...... <br /> <br />THIS DEED OF TRUST,,5eCURES.WITHOUTLlMITATJON,EXISTINGDEBTS OILQBUGA nONS , CREATED SIMULTA~ <br />NE()U,SL.Y.VVITM.TIi~l;X~~UTJQNPFTkH$,Q;lfij.~liQryriJi~\l;J~T.NQ. ANY,\If:)jtI;UIR~ ACWANCESTQ, ElE MADE AT THE OPTION OF <br />THE PART1E~. The total pfinqj~alli\moun~'.!!lxGlusive: of interf,lstr of the Obligations, including any future debts, advances, liabilities or <br />obIi9..tions,.not including, however, any s~ms advanced for the protection pf the Property or the Trustor's interest therein, shall not <br />exceed the SJ.lni .of-$~OO, 09.9;00, ." .. '.,', ;.,PROYIDED, HO,Wf.VE;J;l" THAT NOTl-lING",CQNTAINEO ,I:-JEREIN SHAJ..l <br />CONSTITUTE A COMMITMENT TO MAKEADDITIONAL OR FUTURE LOAt.JS OR ADVANCES IN ANYAMOUNT. <br /> <br />1.4 Hom.,tead. The Premises are I1Qt the homestead of the Trustor. If so, the Truslor releasEls and waives <br />(are)(are not) <br />all rights under and by virtue of the homestead exemption laws of the State of Nebraska. <br /> <br />ARTICLE II. WARRANTIES, AND, COVENANTS . <br />.,~."q "'';F:{:'j ::1, j:' ,:,\".,';;\ ; ',\<-;'.\r'~' :~'='_V~(~:,;"'l:~.,::';,:""" ~,t4"?"'L'~l j<.I:,'!."~':""i..,;(Ut '::' I...',. <br /> <br />In.' addition to all ,other warranties and.cQVElllants of the, ,Iru~tor'li!nd~r,:the';~LQaJt, p,QOW,n:\e8tSy>!hir;h, are.expr;fJ13'ily .incorpor~tEld,: <br />herE1Jni'a$" partt!!lf-; thi$.,O~eq '.of, r rLlst, ~joc;Jl.jdjng,the+coven.:\nt.q'ito ;f')fl)l;l'lflli!li;j;)~rfqrliJll.alJ,O bllg;OltiQD8\'2!nd/vvt1i t~ 'filly part 'lDtt~e. credit <br />gIant~ Joe :Trustor, \ljIi1Qer ,,~EkL:~f,li iPgllPt;lJ'JlMt$,n~ ,@'faiJa~II'!)!~ril'~rwi\-Q.~i~li\ti~'/1l;s ;c;l.t ,lhl,e ;r,f!~I'IQr" \1,Q1the,BElnef:iciary. an~, unpaid .or, <br />Q!Jt~~!tn~ingdtb~,Tru$~MQmin\4Ql,ls)y;w~rJiant$ tlil.lt~!'I,Bepefiqj~~~q~;t.h!},;rt!;Js,t~~:~Wdj~!fl:r\~e,~,'~ ,fq) !,pws;!;.. ,', " <br />k: J 2, b:Wa'rr.n~yof lfltle/Posse.slonY:'line,r nJst<Dr: Warrants'that' it has':~C)lel arid! exel usi:Velitle, ~o\ and 'possession of the Prernises; <br />~xceptil1g,onlY thEi:'followirll;t ri'ermltt8dEncurrlbi'anc.es":' re'Strictiorisc;andeaseit11er:its 'Ntecord,' . and zoriiflg '. ordinances (th'e' termsdf <br />Which' are"and' Will 'be: CdmpIiEldwith'/.ahd+itl'lthe'casedf'easemenfs,\ ara: and wiH;bekept frne of ,., encroachments), taxes and <br />assessments not yet'duEiand'payable'andthose Permitted Encunibrances set forth ori Exhibit B attached hereto (except that ifno <br />Exhibit B is attached, there will be no additiorial Permitted Encumbrances), The lien of this Deer: of Trust, subject only to Permitted <br />Encumbrances, is and will continue to be avalid'first and only lien upon all of the Property. " <br />: J, I, "...." ":.: :,:: ':',,::: ,:",' " ,::,' ,: : , ,. <br />. 2.2" ..M,~I(l~~n~~C'~:JVV~.~;:;_~~,~~tiql"!.;TIl~,Tr~sti9r "Yil.I,[l1aint~i!n, tile prerT1i':Si'~" in99Hg,~_nd ter~:~ntabl~ c~n~iti?~, .<\nd ,,~ill .festor~ <br />orr~pl~~~ ~~!pag'~i~q,~q'-~~By,ep.,\~Pf,OYElm;~l"lt~;'"tit~ i~~mspf?! I,r;l,~~~ equal YW!~~9c:! v;~19,~. Th,:}r;lstor v.:1I1 Qot sornmltorpElrmlt <br />waste to be committed on the Premises. THe Trustbr will not remove, 'demolish 'ormaterially i;1lter any part of the Premises without the <br />BenefiCiary's prior writtenc6nsent, except tM'Trustorrriay re'move a fixture,'pfovided "the fixture is promptly replaced with <br />anotherf;xturfil.Clf.at,J~?at,eCluaLutjlity,:ThliJ replacement fixtvre lfI(ill be subjecttbtb.e pr,iority lien and secLJrity of this Deed ofT rI,J st. <br /> <br />2.3 Transfer and Liens. The Trustor will not, without the prior written consent of the Beneficiary, which may be withheld in the <br />Benaficiary'ssole and absolute discretion, either voluntarily or involuntarily (a) sell, assign, lease or transfer, or permit to be sold, <br />assigned, leased or transferred, . any part. of the Premises,. or .any interest therein; or (b) pledge or otherwise encumber, create or <br />pennlt tdJexistany'mortglage; :Pledge,.: lienOr claim 'for ..Iien or, .encumbrance 'upO~ any part' of the Premises or interest therein,except <br />fdf the'piMmltted Eiicoh1braihbss!'''Benefibiary' l'1~s not' cbh~entsd .' ~'nd 'will' not co'~sent to anywntract. or to 'any workbr to the <br />furriistiiH~df any'fnAterlals' ~ich inight be deemed to 8rea:tE{a~1ien or liens supE'irior'fo the'lien'o(thisDeed ofTr(Jst:.' ". ,i'I": <br />""" ,.~t~.i ;. '~,::~~~;!,{l.!',~;(f,,;>:'t~"l,);':,~,'rr,>,:i'\',,I~' ~'.;f';,~'i.~r-.:'I."::'~:!,,'~,."~~:Y):,)i'!~(n:,,~.f:.',1':1:1. \ ";'.\'. '",J.,:: ~ '~, ','.'j~~:'" ". ,-' <br />..... :,~,4: ,E.cr~w~.. Afte.r..W~itt~n. ~eR1;1~~l frqm, th~I;l~\'le:1!9i,!-ry,. m~ ,1~,LJ,~~pr: 'f'~II, pay tp Jh,'il!:I;\_l('1\lfic::i?r~suffiqi'?mfu ndpat such t.\r:ne a,s. ~he, <br />B!nefici,ary c;Je~ig\'late~,,~opay, (~) the estimated annual realestate)~eSan~iilR,Se&~f1l~pts on -th? P.~er:nisfls;,i;m.d(b)all.property or <br />g~arc;l in~lmmgeprem.il.lms when' 9ue. Interest Will, not. qe" p<ilid ,.by the Ben~f.iciaw .on any escrowed funds. ,l::s.crqweqfynds milY pe; <br />qp",\rn,ingleq ,'(Yitt) Clt~E!f fl,ln~~; Of, th!3B~neficiary, ,All esqrawed funds <;Ire herepy,pleqged i'IS, ~ddi,tional. securityf9r the Obligations. <br /> <br />2,5 Taxes, Assessments and Charges. To the extent not paid to the Beneficiary under 2.4 above, the, Trustorwill pay before <br />they become delinquenta,1I taxes, assessments and other charges now or hereafter levied or assessed against the Premises, against <br />the Beneficiary based upon this Deed of Trust or the Obligations secured by this Deed of Trust, or upon the Beneficiary's interest in <br />the Premises, and deliver to the Beneficiary receipts showing timely payment:. <br /> <br />2.6 Insurance. The Trustor will continually insure the Premises against such perils or hazards as the Beneficiary may require, in <br />amounts, with acceptable co.lnsurance provisions, not less than the unpaid balance of the Ohligations or the full replacement value <br />1714NE Page 2 of 8 <br /> <br />.~ <br />--, <br />