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200904225 <br />w <br />No remedy herein conferred upon or reserved to Trustee or Beneficiary is intended to be exclusive of <br />any other remedy herein or by law provided or permitted, but each will be cumulative, will be in addition <br />to every other remedy given hereunder or now or hereafter existing at law or in equity or by statute, and <br />may be exercised concurrently, independently or successively. <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 ar 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 ar unenforceable, that determination will not affect <br />the validity of the remaining portions of the Trust Deed. <br />Y~yf~~ _ <br />arolA <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 />GENERAL NDTARY • State of Nebraska <br />ROSALIE R. FAY <br />(SEAL) _ ~ My Comm. fem. May 18, 2010 <br />~it7s0.)i R. Fa <br />(Type name under signa~ure) <br />My commission expires ~ Notary Public in and for said County and State <br />App #: 431154; CIF #: 132145; Note #: 101 2208Q Legal Doc. Date: May 21, 2009 <br />FORM 5011, Trust Deed and Assignment of Rents Page 3 <br />Ga a tenbrink <br />