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I sT~TeoF NEBRASKA 156. COUNTY Of t-2ALL i On this } ~/ day of Apri 1 t s 84 aetore , s, the ~^dera+gnrl. a Notary Public ddy commitaionsA aM puMirNd.in Nrd for ssrd county, parsonNly came Ronald C. KraUSS as President of South Locuft Business- to me mown to be the persons named in and who executed the tarogomg buirument, ~nd sckrgwMdpW~that he C~Ifter, IRE . , executed the tame as his ~olu,nrv act one deW.and the voluntary act and dee - f- said cnrposatlon. Witness my hand and not - - above wrieten. - . My commnaion exgras-_.~ ~ ~J/ - - _ / ~~ ~ ~~ ~~t. t~ 24. Tax Escrow. Trustor further covenants and agrees to pap.to BaRetitaiary'on the first y o etc month, in addition to the installment gayments prnvided .for under ; the terms of the Promissory !rote, 1>12th of the anticipated annual taxes, a;aesaments and:. public charges, general and special, levied and assessed against the peemiaes and the- indebtedness hereby secured, as estimated bq the Bene$eiaary. The= aswunt of sudr' deposit shall be adjusted by Beneficiary periodically so that suf$dent sua-a will be artli able to pay ail of the foregoing before interest accrues, and upon demand in wrttiR{f t-T Benefidary, Trustor shall promptly deposit with Bene$ciary any amount- in excess of said monthly payments which shall be required to pay such takes. assessments an-~~ charsss prior to delinquency. Trustor shall promptly forward to Bene$eiary ail t-i1L for- ai! taxes. assessments and public charges upon the Premises. Such payments by Tractor to ©eneficixry shall not 1?esr interest and shall be applied by Beneficiary to the payment of said taxes, assessments and public charges prior to delinquency. In ease of. default by Trustor in any of the terms of this Deed of Tntst or any other securing sgreetsenl-lmw ar hereafter given in connection :yith the loan secured i,ereby, alt funds paid to: and deposited with Beneficiary, as provided above, shall constitute additional eecul'itlr fotr all gums secured by this Deed of Trust and may Ge applied to Bene$tdary as a credit t7pon the indebtedness secured hereby. Beneficiary may, from time to dme, at its. option, waive, and after such waiver reirstste, any and ail provisions of this- paragt~h ra-' quirirrg such .payments and deposits, by notice to Trustor in wilting. t1ltite -such wdtur_, is in effect, Trustor shall pay all taxes, assessments and public ehargss ae otherfRiae herein provided. 'l5. CCC Financing Stateatent. This Deed of Trust is intended to be a $tlstdng statement w3tftiri tFe purview oT89-442 of the Nebraska [3rtiform Cammercdsi. Code with respect to those items of property as constitute filrtures an the strove deaerltted lend. The address of the Trustor {pebtar) and the Beneficiary {Secured Perty) see- set forth above. This Deed of Trust is to be filed for record with the Register of Ilieds-.-of ~idf:_ County, Nebraska, where-the land is located. The Trustor is the record oM-eter- of the land. 4&. Financial Reports. Trustor shall deliver to Bene$ciary a6 soon as avsilsbis and, in any event, n 90 days after the end of Trustor's $scal year. a completed certified operating statement with respect to such property, covering at least all items of gross income and its sources, itemized operating expenses, depreciation charges. nei income befnre and after taxes and such other detail as Beneficiary may request. Failure to furnish such statements, ar the occurrence of any other F.venf of Default, as de$ned in the Promissory Note secured hereby, shall give Bene$Ciary the right to audit the books and records of the Trustor or Trustor's permitted successors or assigns. w~ ~. -c. Fyn w7 ~ ' G+] _ ~ ,. ,~ '~ ~' f ~ ~ U ~+ N W: v ~' to ea ~