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<br />200805760 <br /> <br />2) All sums then secured hereby. <br /> <br />3) To the payment of junior trust deeds, mortgages, or other lienholders. <br /> <br />4) The remainder, if any, to the person or persons legally entitled thereto. <br /> <br />Each of the parties to this Deed of T rust hereby requests that a copy of any noti ce of default and <br />a copy of any notice of sale provided for hereinabove be mailed to each such party at his post <br />office address set forth herein. Upon the occurrence of any default hereunder, Beneficiary shall <br />have the option to foreclose this Deed of Trust in the manner provided by law for the foreclosure <br />of mortgages on real property or exercise its rights per the power of sale herein. <br /> <br />6. This is a security agreement pursuant to the Uniform Commercial Code ("UCC") <br />as in effect from time to time in the state where the Collateral is located except to the extent the <br />UCC provides for the application of the law of the state of location of Trustor in which event the <br />UCC as in effect from time to time, in such state shall apply, and Beneficiary shall have all rights <br />and remedies of a secured party with respect to said collateral under the UCC as enacted by <br />the State of Nebraska. Trustor warrants to Beneficiary that, except for the security interest <br />created hereby, Trustor owns good title to said collateral and, as to said collateral hereafter <br />acquired, Trustor will own good title to said collateral, free and clear of all liens, security <br />interests, encumbrances and adverse claims of any kind whatsoever. No fixtures or equipment <br />(including, without limitation, watering, irrigation and frost protection equipment and apparatus) <br />shall be removed from said real property without the prior written consent of Beneficiary, except <br />that Trustor shall have the right, without such consent, to remove and dispose of free from the <br />security interest hereof such fixtures and equipment as may from time to time become worn out <br />or obsolete, provided that Trustor shall, simultaneously with or prior to such removal, replace <br />such removed fixtures or equipment with replacement fixtures or equipment having a value, <br />quality and utility at least equal to the removed fixtures or equipment. Trustor authorizes <br />Beneficiary to file one or more financing statements and continuation statements describing the <br />Collateral and hereby ratifies any such financing statement or continuation statement previously <br />filed by Beneficiary. Trustor shall, at Trustor's expense, execute and deliver to Beneficiary such <br />financing and continuation statements covering said collateral as Beneficiary may from time to <br />time request. Trustor represents and warrants that: (a) all Collateral is located in the state in <br />which the Real Estate is located; (b) Trustor's chief executive office or principal residence is <br />Trustor's address set forth in the first paragraph of this Deed of Trust; (c) Trustor's state of <br />organization, if applicable, is as set forth in the first paragraph of this Deed of Trust; and (d) <br />Trustor's exact legal name is as set forth in the first paragraph of this Deed of Trust. All <br />agreements of Trustor herein, and all rights of Beneficiary herein, relating to said Real Estate <br />shall apply to said collateral whether or not expressly referenced herein. <br /> <br />7. Trustor specifically agrees that (a) Trustor, at its expense, will execute and <br />deliver to Beneficiary, promptly upon request, such security instruments as may be required by <br />Beneficiary, in a form and substance satisfactory to Beneficiary, covering any of the Collateral <br />conveyed by this Deed of Trust which security instruments shall be additional security for <br />Trustor's faithful performance of all of the terms covenants and conditions of this Deed of Trust, <br />the Note and indebtedness secured hereby, and any other security instruments executed in <br /> <br />11 <br /> <br />Initials::r~5~ LIG 01( <br />