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<br />200700035
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<br />"Prooertv" means the Real Property and the Personalty and all other rights, interests and benefits
<br />of every kind and character which Grantor now has or hereafter acquires in, to or for the benefit of the
<br />Real Property and/or the Personalty and all other property and rights used or useful in connection
<br />therewith, including all Leases, all Rents, all Condemnation Awards, all Proceeds, all of Grantor's right,
<br />title and interest in and to all Design and Construction Contracts, and all Contracts of Sale.
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<br />"Prooertv Assessments" means all Taxes, payments in lieu of taxes, water rents, sewer rents,
<br />assessments, condominium and owner's association assessments and charges, maintenance charges and
<br />other governmental or municipal or public or private dues, charges and levies and any Liens (including
<br />federal tax liens) which are or may be levied, imposed or assessed upon the Property or any part thereof,
<br />or upon any Leases or any Rents, whether levied directly or indirectly or as excise taxes, as income taxes,
<br />or otherwise.
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<br />"Real Prooertv" means the Land and Improvements, together with (a) all estates, title interests,
<br />title reversion rights, remainders, increases, issues, profits, rights of way or uses, additions, accretions,
<br />servitudes, strips, gaps, gores, liberties, privileges, water rights, water courses, alleys, passages, ways,
<br />vaults, licenses, tenements, franchises, hereditaments, appurtenances, easements, rights-of-way, rights of
<br />ingress or egress, parking rights, timber, crops, mineral interests and other rights, now or hereafter owned
<br />by Grantor and belonging or appertaining to the Land or Improvements; (b) all Claims whatsoever of
<br />Grantor with respect to the Land or Improvements, either in law or in equity, in possession or in
<br />expectancy; (c) all estate, right, title and interest of Grantor in and to all streets, roads and public places,
<br />opened or proposed, now or hereafter adjoining or appertaining to the Land or Improvements; and (d) all
<br />options to purchase the Land or Improvements, or any portion thereof or interest therein, and any greater
<br />estate in the Land or Improvements, and all Additions to and Proceeds of the foregoing.
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<br />"Rents" means all of the rents, royalties, issues, profits, revenues, earnings, income and other
<br />benefits of the Property, or arising from the use or enjoyment of the Property, including all such amounts
<br />paid under or arising from any of the Leases and all fees, charges, accounts or other payments for the use
<br />or occupancy of rooms or other public facilities within the Real Property.
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<br />"State" means the State of Nebraska.
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<br />"Taxes" means all taxes and assessments, whether general or special, ordinary or extraordinary,
<br />or foreseen or unforeseen, which at any time may be assessed, levied, confmned or imposed by any
<br />Governmental Authority or any community facilities or other private district on Grantor or on any of its
<br />properties or assets or any part thereof or in respect of any of its franchises, businesses, income or profits.
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<br />"Transfer" means any direct or indirect sale, assignment, conveyance or transfer, including any
<br />Contract of Sale and any other contract or agreement to sell, assign, conveyor transfer, whether made
<br />voluntarily or by operation of Law or otherwise, and whether made with or without consideration.
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<br />"Trustee" means the Initial Trustee or its successor in trust who may be acting under and pursuant
<br />to this Deed of Trust from time to time.
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<br />Section 2.1
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<br />Article II
<br />Granting Clauses: Condition of Grant.
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<br />Conveyances and Security Interests.
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<br />In order to secure the prompt payment and performance of the Obligations, whether now or
<br />hereafter existing, Grantor (a) grants, transfers, assigns, bargains and sells, conveys and confirms the Real
<br />Property unto Trustee in trust for the benefit of Lender WITH POWER OF SALE and right of entry and
<br />possession, to have and to hold the Real Property unto Trustee in fee simple forever; provided that
<br />Grantor may retain possession of the Real Property until the occurrence of an Event of Default; (b) grants
<br />to Lender a security interest in the Personalty; (c) assigns to Lender, and grants to Lender a security
<br />interest in, all Condemnation Awards and all Insurance Proceeds; and (d) assigns to Lender, and grants to
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<br />Hall County, Nebraska
<br />Error! Unknown document property name.
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