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<br />200706035 <br /> <br />affected hereby, and Trustor hereby absolutely and unconditionally assigns all such rents, issues and profits to Beneficiary. <br />Beneficiary, however, hereby consents to Trustor's collection and retention of such rents, issues and profits as they accrue <br />and become payable, so long as Trustor is not, at such time, in default with respect to payment of any indebtedness secured <br />hereby, Of in the performance of any agreement hereunder. If any event of default described hereafter in respect to this <br />Deed of Trust shall have occurred and be continuing, Beneficiary, as a matter of right and without notice to Trustor or <br />anyone claiming under Trustor, and without n::gard to the value of the trust estate or the interest of the Trustor therein, shall <br />have the right to apply to any court having jurisdiction to appoint a receiver of the property. It is further agreed that in case <br />of default in the payment of the said principal Deed of Trust Note or interest, or any part thereof, as it shall mature, or in <br />the case of failure to keep or perform any of the covenants or agreements contained in this Deed of Trust, then the <br /> <br />Beneficiary, its successors or assigns, shall be and is hereby authorized and empowered to take immediate possession of the <br />said premises hereby conveyed and all crops thereon, or to collect the rents therefrom, and to apply the proceeds thereof to <br />the payments of the debt hereby secured. <br /> <br />To Have and to Hold the Same, together with all and singular the privileges and appurtenances thereunto belonging: In <br />Trust Nevertheless, that in case of default in the payment of said Deed of Trust Note or any part thereof, or in the payment <br />of the interest thereon, according to the tenor and effect of said Deed of Trust Note, principal or interest, if any, or in case <br />default shall be made in or in case of violation or breach of any of the terms, conditions, covenants, or agreements herein <br />contained, then all sums secured hereby shall immediately become due and payable at the option of the holder of the Deed of <br />Trust Note, and the Trustee may proceed to sell the property in accordance with the Nebraska Trust Deeds Act (Section 76~ <br />100 I et. seq.). As a fee in exercising the power of sale, Trustee shall receive its reasonable fees actually incurred. <br /> <br />And the Trustor covenants and agrees to and with the Trustee, that at the time of the ensealing of and delivery of these <br />presents, he is well seized of the said premises in fee simple and has good right, full power, and lawful authority to grant, <br />bargain, sell and convey the same in manner and form as aforesaid; and that the same arc free and clear of all liens and <br />eneumbranees whatever and the herein bargained premises in the quiet and peaceable possession of the Trustee against all <br />and every person or persons lawfully claiming or to claim the whole or any part thereof, Trustor shall and will warrant and <br />forever defend. Trustor further covenants that Trustor has provided Beneficiary with true and correct copies of the <br />Assigned Permits and Agreements, that the Assigned Permits and Agreements arc in full foree and effect, that there have <br />been no modifications, amendments or terminations thereof, that from time to time and in the event of foreclosure of this <br />Deed of Trust, Trustor agrees to cooperate with Trustee or Beneficiary in obtaining estoppel certificates and non- <br />disturbance agreements from those parties identified in the Assigned Permits and Agreements, and any holders of <br />encumbrances upon the real estate subject to Assigned Permits and Agreements, upon the request of Beneficiary. Trustor <br />shall not amend or terminate any of the Assigned Permits and Agreements without the prior written consent of Beneficiary. <br /> <br />And the Trustor hereby represents and warrants to Beneficiary (i) that the mortgaged premises does not have stored or <br />contained on it any waste, asbestos, oil or petroleum hydrocarbons l,,'Xcept as previously disclosed to Beneficiary in writing, <br />pesticides or toxic or hazardous substances or any such materials, ineluding such materials in underground storage tanks, <br />other than those pesticides, herbicides and other agricultural chemicals, or products customarily used in agricultural and <br />commercial operations of the type currently conducted by Trustor on the mortgaged premises; (ii) that Trustor has never <br />been and is not now party to any litigation or administrative proceedings and none is presently threatened, which aSSt;rts or <br />alleges that Trustor violated any federal, state or local cnvironmcntaIlaw, statute, or regulation or the common law of any <br />state pertaining to the condition or use of real property; (iii) that neither Trustor nor the mortgaged premises is or has been <br />subject to any judgment, decree, order or citation related to or arising out of any federal, state or local environmental law, <br />statute, or regulation; (iv) as to all operations, including but not limited to the use of the pesticides, herbicides, other <br />agricultural chemicals and oil or petroleum hydrocarbons so used in agricultural and commercial operations on the <br />mortgaged premises, Trustor represents and warrants that during all previous times, and in the future times while <br /> <br />3 <br />