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200904227
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6/1/2009 2:39:29 PM
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6/1/2009 2:39:28 PM
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DEEDS
Inst Number
200904227
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20090422' <br />11. Trustor(s) acknowledges that the duties and obligations of Trustee will be determined solely by the <br />express provisions of this Trust Deed or the Nebraska Trust Deeds Act and Trustee will not be liable <br />except for the performance of such duties and obligations as are specifically set forth therein, and no <br />implied covenants or obligations will be imposed upon Trustee; Trustee will not be liable for any action <br />by it in good faith and reasonably believed by it to be authorized or within the discretion or rights of <br />powers conferred upon it by this Trust Deed or state law. <br />12. The integrity and responsibility of Trustor(s) constitutes a part of the consideration for the <br />obligations secured hereby. Should Trustor(s) sell, transfer, or convey the property described herein, <br />without prior written consent of Beneficiary, Beneficiary, at its option, may declare the entire <br />indebtedness immediately due and payable and may proceed in the enforcement of its rights as on any <br />other default. <br />13. Assignment of Rents including Proceeds of Mineral Leases. Trustor(s) hereby assigns, transfers, <br />and conveys to Beneficiary all rents, royalties, bonuses, and delay moneys or other proceeds that may <br />from time to time become due and payable under any real estate lease or under any oil, gas, gravel, <br />rock, or other mineral lease of any kind including geothermal resources now existing or that may <br />hereafter come into existence, covering the property or any part thereof. All such sums so received by <br />Beneficiary will be applied to the indebtedness secured hereby; or Beneficiary, at its option, may turn <br />over and deliver to Trustor(s) or their successors in interest, any or all of such sums without prejudice to <br />any of Beneficiary's rights to take and retain future sums, and without prejudice to any of its other rights <br />under this Trust Deed. This assignment will be construed to be a provision for the payment or reduction <br />of the debt, subject to the Beneficiary's option as hereinbefore provided, independent of the lien on the <br />property. Upon payment in full of the debt and the reconveyance of this Trust Deed of record, this <br />assignment will become inoperative and of no further force and effect. <br />14. This Trust Deed constitutes a Security Agreement with respect to all the property described herein. <br />15. The covenants contained in this Trust Deed will be deemed to be severable; in the event that any <br />portion of this Trust Deed is determined to be void or unenforceable, that determination will not affect <br />the validity of the remaining portions of the Trust Deed. <br />Gary <br />ICI <br />'m Met enbnnk <br />A Mettenbrink <br />y~arol <br />J <br />INDIVIDUAL BORROWER ACKNOWLEDGMENT <br />STATE OF Nebraska <br />COUNTY OF Hall <br />)55 <br />) <br />On this~~, day of May, 2009 before me, a Notary Public, personally appeared <br />--- ---- ---- <br />Gary Mettenbrink, A/K/A Gary R Mettenbrink and Kim E Mettenbrink, husband and wife __ <br />to me known to be the person(s) named in and who executed the foregoing instrument, and <br />acknowledged that they executed the same as their voluntary act and deed. <br />GENERAL NOTARY - State of Nebraska <br />(SEAL) ~ RQSALIE R. FAY <br />My Comm. Exp. May 16, 2010 ~ f ~ F,~ <br />(Type name un er slgnature)y <br />My commission expires dfo Notary Public in and for said County and State <br />INDIVIDUAL BORROWER ACKNOWLEDGMENT <br />STATE OF Nebraska <br />COUNTY OF Hall <br />)ss <br />On this day of _May, 2009 before me, a Notary Public, personally appeared <br />Lynn W Mettenbrink, A/K/A Lynn Mettenbrink, A/K/A Lynn William Mettenbrink, single <br />to me known to be the person(s) named in and who executed the foregoing instrument, and <br />acknowledged that he executed the same as his voluntary act and deed. <br />SEAL GENERAL NOTARY -State of Nebraska <br />( ) Ill ROSALIE R. FAY <br />~"~ My Comm. Exp. May 16, 2010 tx5~t~ <br />(Type name under signature <br />My commission expires 20/a Notary Public in and for said County and State <br />App #: 431161; CIF #: 132145; Note #: 201 220SQ Legal Doc. Date: May 21, 2009 <br />FORM 5011, Trust Deed and Assignment of Rants Page 3 <br />
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