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<br />200708339
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<br />any subsequent security interest in the Grantor's principal dwelling that is created by this Security
<br />Instrument, This Security Instrument will not secUre any debt for which anon-possessory, non-purchase
<br />money security interest is created in "household goods" in connection with a "consumer loan," as those
<br />terms are defined by federal law governing unfair and deceptive credit practices, This Security Instrument
<br />will not secure any debt for which a security interest is created in "margin stock" and Lender does not obtain
<br />a "statement of purpose," as defined and required by federal law governing securities.
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<br />C. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security
<br />Instrument,
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<br />4. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when due and in
<br />accordance with the terms of the Secured Debts and this Security Instrument.
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<br />5. WARRANTY OF TITLE. Grantor warrants that Grantor is or will be lawfully seized of the estate conveyed by
<br />this Security Instrument and has the right to irrevocably grant, convey and sell the Property to Trustee, in trust,
<br />with power of sale, Grantor also warrants that the Property is unencumbered, except for encumbrances of
<br />record,
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<br />6. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or
<br />other lien document that created a prior security interest or encumbrance on the Property, Grantor agrees:
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<br />A. To make all payments when due and to perform or comply with all covenants,
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<br />B. To promptly deliver to Lender any notices that Grantor receives from the holder,
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<br />C. Not to allow any modification or extension of, nor to request any future advances under any note or
<br />agreement secured by the lien document without Lender's prior written consent.
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<br />7. CLAIMS AGAINST TITLE. Grantor will pay all taxes, assessments, liens, encumbrances, lease payments,
<br />ground rents, utilities, and other charges relating to the Property when due, Lender may require Grantor to
<br />provide to Lender copies of all notices that such amounts are due and the receipts evidencing Grantor's
<br />payment, Grantor will defend title to the Property against any claims that would impair the lien of this Security
<br />Instrument, Grantor agrees to assign to Lender, as requested by Lender, any rights, claims or defenses Grantor
<br />may have against parties who supply labor or materials to maintain or improve the Property,
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<br />8. DUE ON SALE OR ENCUMBRANCE. Lender may, at its option, declare the entire balance of the Secured
<br />Debt to be immediately due and payable upon the creation of, or contract for the creation of, any lien,
<br />encumbrance, transfer or sale of all or any part of the Property. This right is subject to the restrictions imposed
<br />by federal law (12 C,F,R, 591). as applicable,
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<br />9. WARRANTIES AND REPRESENTATIONS. Grantor has the right and authority to enter into this Security
<br />Instrument, The execution and delivery of this Security Instrument will not violate any agreement governing
<br />Grantor or to which Grantor is a party,
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<br />10. PROPERTY CONDITION. ALTERATIONS AND INSPECTION. Grantor will keep the Property in good
<br />condition and make all repairs that are reasonably necessary, Grantor will not commit or allow any waste,
<br />impairment, or deterioration of the Property, Grantor will keep the Property free of noxious weeds and grasses,
<br />Grantor agrees that the nature of the occupancy and use will not substantially change without Lender's prior
<br />written consent. Grantor will not permit any change in any license, restrictive covenant or easement without
<br />Lender's prior written consent, Grantor will notify Lender of all demands, proceedings, claims, and actions
<br />against Grantor, and of any loss or damage to the Property,
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<br />Lender or Lender's agents may, at lender's option, enter the Property at any reasonable time for the purpose of
<br />inspecting the Property. Lender will give Grantor notice at the time of or before an inspection specifying a
<br />reasonable purpose for the inspection, Any inspection of the Property will be entirely for Lender's benefit and
<br />Grantor will in no way rely on Lender's inspection,
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<br />11. AUTHORITY TO PERFORM. If Grantor fails to perform any duty or any of the covenants contained in this
<br />Security Instrument. Lender may, without notice, perform or cause them to be performed, Grantor appoints
<br />Lender as attorney in fact to sign Grantor's name or pay any amount necessary for performance, Lender's right
<br />to perform for Grantor will not create an obligation to perform, and Lender's failure to perform will not preclude
<br />Lender from exercising any of Lender's other rights under the law or this Security Instrument, If any
<br />construction on the Property is discontinued or not carried on in a reasonable manner, Lender may take all steps
<br />necessary to protect Lender's security interest in the Property, including completion of the construction.
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<br />12. ASSIGNMENT OF LEASES AND RENTS. Grantor irrevocably assigns, grants, conveys to Lender as
<br />additional security all the right, title and interest in the following (Property): existing or future leases. subleases.
<br />licenses, guaranties and any other written or verbal agreements for the use and occupancy of the Property.
<br />including any extensions. renewals. modifications or replacements (Leases); and rents, issues and profits
<br />(Rents), In the event any item listed as Leases or Rents is determined to be personal property, this Assignment
<br />will also be regarded as a security agreement. Grantor will promptly provide lender with copies of the Leases
<br />and will certify these Leases are true and correct copies, The existing Leases will be provided on execution of
<br />the Assignment. and all future Leases and any other information with respect to these Leases will be provided
<br />immediately after they are executed, Grantor may collect. receive, enjoy and use the Rents so long as Grantor
<br />is not in default. Upon default, Grantor will receive any Rents in trust for Lender and Grantor will not
<br />commingle the Rents with any other funds, Grantor agrees that this Security Instrument is immediately
<br />effective between Grantor and Lender and effective as to third parties on the recording of this Assignment. As
<br />long as this Assignment is in effect. Grantor warrants and represents that no default exists under the Leases,
<br />and the parties subject to the Leases have not violated any applicable law on leases. licenses and landlords and
<br />tenants.
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<br />13. DEFAULT. Grantor will be in default if any of the following occur:
<br />A. Payments. Grantor or Borrower fail to make a payment when due.
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<br />Ahn M Cochhar
<br />Nebraska Deed Of Ttu"..
<br />IA/4Xn5931 0200022000005751 020082907Y
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<br />(."1996 Bahkers Systems, Ihe.. St. Cloud. MN ~1J:
<br />
<br />Initials._trC.
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