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I- 1.2187, ✓6C 8 100603 N thereunder to secure perforMance by tenants, lessees or licensees; as applicable, of their obligations thereunder, (f) all building materials and supplies . now or hereafter placed on the heal Estate or in the Improvements; (g) all proceeds of the conversion, voluntary or involuntary, of any of the foregoing into cash or liquidated claims, including; without limitation, proceeds of insurance and condemnatim a= . awards; (h) the proceeds of that certain Option to Purchase Real - Property dated the 14th day of September, 1983 granted by Garth A. i- Otis and Anthony Wheeler, as .Optioners, in favor of Med West 'Health ,Care Management Corporation, a South Dakota corpora €ice,' «ts Optionee, recorded June 18; 1985, as Document No. 85 -003917 in the Office of 'the Register of Leeds of hall County, - Nebraska, as heretofore ansended, " l assigned to Beverly Enterprises - traska, tnc. uinder `date of f` February 19, 1985; and fil all other or greater rights and interests of T every nature in the Real Estate and . the, Improvements and in the pOsse$snon or use thereof` and .ink - tl�etefroo+rR., whether now owned or .. Subsequently acquired by Trustor. The prop" so conveyed hereunder is hereinafter referred to as 'such property-- FOR T14V PURPOSE OF SECURING A. Payment of the principal sum of One Million TwG hundred Thousand Dollars ($1,200,000.00). evk1enced by that certain $1,200,000.80 Promissoryr Note dated of even clue herewith, issued by . Trustor to Beneficiary .(hereinafter referred to as the ."Promissory .'dote*) . B. Payment of late charges and pr"visearnt bonuses. calculated as provided rn the Promissory Notee_ Y.= ..:`rye ,.f arvd name webs oars r+r - , .obligation, covenant and agreement of Trustor incorporated . by reference or contained herein. or contained rib a ,separate 1 ty Agreement, an Assignment of Leases.: and pgt r �s�;an y`Rents :Escrow - Security r�t. -.. -Idly other instrument � hereafter - ^.. evidencing or securing the indebtedness, eviler ced by . the $1,28t,0M.08 ' Promissory Note (all of which are calltectivelyr hervinafter called the *Security Documents"). D.. Payment of all fees and charges of Beneficiary iary set forth rein. ' d E. Payment of future advances �.ssary, to protect such property, as provided in this Deed of Trust_ TO PROTECT THE SECURITY OF THIS DEED ''OF TRUST. TRUSTOR COVENANTS % Title- That it is lawfidly. seized and possessed of a good and ' indefeasible title and estate to such property in fee simple and will forever warrant and defend the title thereto against the claims and ;demands of all fters s whos ever, that it will; at its expense, maintain avid preserve the, lien of this Deed of Trust as a first and paramount linen upon such property,_