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<br />r <br /> <br />22. SECURITY AGREEMENT AND FINANCING STATEMENT. This Deed of Trust constitutes a security agreement and IInanclng <br />slltemenl under the Unllorm Commercial Code 01 the State of Nebraska with respect to any part of the property which mayor might now or <br />herelllter be Of be deemed to be personal property, IIxlures and/or property other then real property. <br />23. INCORPORATION OF TERMS. All of the terms. condltlona and provisions of the Agreement BrB Incorporated Into this Deed of Trust as <br />It InCluded In this Deed of Trust Itself. <br />2.. TIME OF ESSENCE. TIme is Df the essence In this Deed of Trust, and the Agreement. <br />25. ACTUAL KNOWLEDGE. For purposes 01 this Deed of Trust and the Agreement, First Federal Lincoln does not receive aclual <br />knowledge of Information required lobe conveyed 10 First Federallincoln In writing byus unlll the date 01 actual recelpl 01 such Information at <br />the address for nollcesspecUled In paragraph 11 above. Such date shall be conclusively determined by reference tothe relurn receipt In our <br />possession. With regard to other events orlnfonnatlon not provided byus under the Credit Documents, First Federal Lincoln will be deemed <br />10 have sctusl knowledge of such event or Infonnella" 8S of the date First Federal Lincoln receives a written notice of such event or <br />Information from asource First Federal Lincoln reasonably believes to be reliable, Including but not limited to, a court or othergovernmental <br />agency, Inslllutlonallender, or lIt1e company. <br />26. TAXES-If the laws now In torce for the taxation of deeds 01 trust. or the debls they secure, or the manner of operation of such taxes, <br />change In anyway after the date of this Deed of Trust so as to aHect the Interest of First F6deral Lincoln, then we shall pay the full amount of <br />such tEiixes. <br />27. EXPENSE OF LITIGATION. In any suit to invoke the powerof sale under this Deed ofTrustorentorceanyotherremedyof First Federal <br />Lincoln under the Credit Documents there shall be allowed and Included, to the extent permitted by applicable law. as addlllonal <br />Indebtedness In the judgment or decree, all court costs and out of pocket disbursements and all expenditures and expenses which may be <br />paid or Incurred by First Federal Lincoln or on First Federal Lincoln's be hall for attorneys' fees, appraisers' fees, outlays for documentary and <br />expert evidence. stenographers' charges, publication costs, survey costs, and costs(whlch may be estimated as to Items to be expended after <br />entryofthe decree} of procuring allabstrects of title, title searches and examinations, title Insurance policies, andslmllardataand assurances <br />with respect to title ae First Federal Lincoln may consider reasonably necessary either to prosecute such suit or to evidence to bidders at any <br />safe which may be had pursuant to such decree the true condition of the title to or value of the Property. All such expenditures and expenses, <br />end those that maybe Incurred In the protection of the Properly Bnd the maintenance of the lien of Ihis Deed of Trust, Including the fees of any <br />attorney employed by First Federal Lincoln In any IItlgatlon or proceeding aUectlng this Deed of Trust, the Agreement or the Property or In <br />preparation for the commencement of defense of any proceeding or threatened suit or proceeding, shall be immediately due and payable by <br />us, with Interest at the Interest rate payable under the Agreement . <br />28. WAmEN STATEMENTS. Within five (6) calendar days upon request In person orwlthinlen(10) calendardeys upon request bymall, we <br />will furnish a written statement duly aCknowledged of the amount due on this Deed of Trust and whether any oftsets or defenses exist against <br />the dept secured by this Deed of Trust <br /> <br /> <br />Byal nT:;;;lrrf~a _ <br /> <br />USTOR Russell C. Rathjen <br /> <br />M~. C7 _~'0A.l <br />TRUSTOR arilyn Il.Ra'tffren' <br /> <br />TRUSTOR <br /> <br />TRUSTOR <br /> <br />STATE OF NEBRASKA <br />On Ihe 25 h day of October. 1988 ,belore me personally came the above signed 10 me known 10 be the Indlvldual(s) described In <br />and who culed the foregoing Inslrumenl, and aCknowledged 1hatlhey executed the same. <br /> <br /> <br />CIIIIAlIllMY-Sllb of IImstI <br />CONNIE S. BALES <br />My tom"- E~P'y~ 1r~ .' <br />REOUEST FOR FULL RECONVEYANCE <br /> <br />SEAL <br /> <br />TO TRUSTEE: <br />The undersigned 15 the holder of the Agreemont secured by this Deed of Trust. Said Agreemenl. together with all other indebtedness <br />secured by this Deed of Trust. has been paid in full, perthe termsoltheAgreement. You are hereby directed to cancel said Agreement and this <br />Deed of Trust, which are delivered herby, and to reconvey. without warranty, all the estate now held by you under this Deed of Trust to the <br />person or persons legally entitled thereto. <br /> <br />'~ 0818<1: <br />~ <br />~ <br /> <br />on <br /> <br />'~ ~~ i-J <br /> <br />l c.s!~:li~ <br />8 ,M:; ~ ~~ <br />o <3 """'0 <br />",00 ~~ <br />.. CIQ .... "" <br />1 ~5 <br />"'<> <br />C <br />... <br /> <br />... <br />= <br /> <br /> <br />:c <br />""" <br /> <br />e i~ <br /> <br />, ~~ <br />~i. ~~~ <br />~ ~ <br />~~ ~ <br />~~~~ <br /> <br />U> <br />.... <br />..... <br />..... <br />= <br />... <br />~ <br /> <br />L <br /> <br />FORM l)Q1.e86 <br />