<br />Mt?AlGAGE AND SECDEI?t Ate, dated as of 17r_. E_.,, ~ 3<.~ ,
<br />, 19 "-~x ,suds by and aoong T3iE NEBRASKA CEtr"TRAL
<br />TELBPH~E COMPANY ------------°-----°--------°------------
<br />(hersiatfter called the "Mortgagor"), a eorporatioa asisting
<br />Hader the Cara of-the tests of Nebraska ----------- , DNITED
<br />t'!ll'17t OT A/RE'L~ (hsselaaleer salied tfie "Qersraswnt"),
<br />acting throagh ~s Addniatsator of the Anrai Eisetrifieatioa
<br />Adninistretion (hereinafter called "RSA"), and RIIRAL lELEP80NE
<br />BAllx (hereinafter called the "Bagk"), a corporation esiatiag
<br />tmdez the lars of ihs GoveznaraC (the Govareseat and-Bank
<br />being heraiaaftsr senetines collectively called ehs "Mortgagees").
<br />iiHEREAS, the Mortgagor has dsterniaed to horror funds iron the
<br />6overnnent pnrsnaat to the Ihtrai Electrification Act of 1936, a aended
<br />(7 D.S.C. 901 et seq., hereiaaftsr ullgd the "Act^), and pnrsaant to the
<br />lelephons Loan Contract identified is the fifth recital hereof (hereinafter
<br />called the "Instrweata Reciul"), sad has accordiaglT drily tnthorized and
<br />euented, and delivered to the Covernnast, its nortgags note (ldentffied is
<br />the Inatrweats Reciul as sad hereloafur called she "lirat &BA Nots") to be
<br />eeeared by this mortgage of the property hereinafter described; sad
<br />ftHEEEAS, it is contenpiated that the lust Rf1 Vote shall ba sacared
<br />bT this Mortgage and Sacariq Agseenant (hereinafter called "this Mortgage",
<br />rhieh tarn shall, for the parpoas of (i) in the first aeatenea of Article II,
<br />Section 2, also iaclnde the Dndarlyiag Mortgage, if any, identlfisd is-the
<br />Iaetrnnaats Aaciui), as wll as additional notes and refsmdiag, reaeral and
<br />anbetitute Hates (hereinafter collectively called the "Additional R!A Notes")
<br />rhleh nay from tine to tlna be assented and delivered by the Mortgagor to the
<br />Coveranent as hereinafter provided (the first EEA Nota sad a~ Additional Rf~,
<br />Notsa being hsrsiaatt:r collectively called ihs "HEA Notes"); sad
<br />N8~4, the Mortgagor has deternlnsd to horror fwda also frog the
<br />Back psranaat to eh: Act and t2-~ ltlaphoae Loan Contract idtatified is the
<br />Iaatra•eata Rtei41 (said lalephaae Loan Contract, as it nay be iron tine to
<br />ties awndwd.-0r-anpplmtntsd,._baia;-hsre~inaftaz••tallsd-the.-"Coosolidatsd Loan-- -
<br />Agresreat"}, end has aceordiagly duly aathorized sad esacntad, sad deli~sred to
<br />the Bank. its nortgags mta (idsatified in the Iastronsnts aeciul as and
<br />hereinafter called the "first Beak Nota^); sad
<br />ir8ERE1~S, it is coatanplatad that tt-e 21rst Bank Note shall be secured
<br />hsrabp, as wll u additional notes and retnndiag, reneral and anbstitnts notes
<br />(hereinafter eollativsly ullsd the "Additional Daak Notes" and, together rith
<br />the Additional BEA Notsa, the "Additional Notes") rhich wy Erna tine to tine be
<br />assented and delivered by ihs Mortgagor to the Bask u hsraipafesr provided (the
<br />firer Doak Nou and say Additiowl Basic Aotaa being hasainaftsr collectively
<br />called the "Back Nocsa", and the EEA Notes sad the Beak Notes, collectively,
<br />being heraiaaftsr called the "notes"); sad
<br />tiHEEfr13, the iaatri.sau referred to in the preceding recitals, the
<br />Masi~ws Debt Licit referred to is Article I, Section 1 hereof, the anbdiviaion
<br />or anbdivisioos, of Article II hereof, Wade applicable by this reeitrl, sad
<br />Sartain data refasred to is Artiela ZI, Section 1S hereof era as follors:
<br />fora - Qri,;. Cawoa REA - lal. Doak Mtgs. - "A" Loaa
<br />7-399
<br />traSwt Assignation. 1Febreska 57&-A4 apd A7 Gibban
<br />2HL DEATt~Ft IS A TRANSMITTING. UTILITY
<br />No......~-,-„-..
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