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201007862
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201007862
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Last modified
10/25/2010 3:45:31 PM
Creation date
10/25/2010 3:45:30 PM
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DEEDS
Inst Number
201007862
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201007862 <br />af Trustee's fe�s, Tnxstee shall reconvey to the G,ra�a.tar, or the person or persons legall� <br />entitled tb„ereto, without warranty, any portion af the Property then held hereunder_ The <br />recitals in such recanv�yance of any matters or facts shall be conclusive proof of the <br />truthfi�lness thereaf. <br />2$, This Recapture Deed vf Trust, th� rights of Authority hereunder and the 1602 <br />Agreement shall be construed and enforced according to the laws of the State af Nabraska. <br />29. In the event that any provisian or claus� of any of this Recaptuxe Deed of Trust <br />conflicts with applicable laws, such conflict shall not affect other provisions af this Recapture <br />Deed of Trust which can be given effect withaut the conflictin� provision. <br />30. This Recapture D�ed of Trust applies to, inures to the benefit o� and binds all <br />partiea he�reto, their heirs, legatees, devisees, administrators, executors, successc�rs and assigns. <br />The word "Grantor" s}aall include any future owri.er af the Premises. The use of the singular <br />number shall include the plural and the use of a�zy gender shall include all genders. <br />31. Nv waiver by the Autharity of any right under this Recapture Deed of Tnist shall <br />be effectiv� uxiless in writing. Waiv�r by the Authority of any right grant�d to the Authority <br />under this Recapture Deed af Trust or of any provision of this Recapiure Deed of Trust as to any <br />transaction ar occurrence shall not be deemed a waiver as to any �uture transaction or <br />occurrence. By accepting payment or performance of any �bli�ations af�er xts due dat�, ar by <br />ma.k�ing any other payment or pe�rfoz7ming any other act on behalf of Grantar for which Grantor <br />was abligated hereunder, but failed to make or perform, ar by add.ix�g any payment made by the <br />Authority to the indebtedness secured hereby, the Authority does not waive its right ta require <br />prompt paym�nt when due of, or to require prampt performance oF, any Obligation, ar to declare <br />an Event of Default for �ilure so to pay or perform. <br />32. Grantar and the Aut�ority hereby waive trial by jury in any action, proceeding or <br />counterclaim brought by any party agai.nst any othear ox on any matter arising out of or in any <br />way connected with this Recaptu.r� D�ed af Trust, the 1602 Agreement or the permitted <br />encumbrances, or any sums due under the same, the relationship between Grantar aud the <br />Autl�nrity, nr the Premises. <br />33. This Security Ir�trument secures futur� advances and future obligations of <br />Graritor and shall be governed by Neb. Rev. Stat. Section 76-238.01, as may be amended fram <br />time to tune. T1ae tatal face amount of the present and firture advances and obligations which <br />may be secured hereby, including, without limitation, all of Grantor's obligations is $2,187,503. <br />Tl.�is provision shall not constitute an obligation upon or cammitment of Seneficiary to make <br />additional advances or loans to Grantor. <br />34. A CREDIT AGREEMENT MUST BE TN WRT'TING TO BE ENFORCEABLE <br />UNDER NEBRASKA LAW. TO PROTECT AGAINST ANY MISUNDERSTANDINGS OR <br />DISAPPOINTMENT5, ANY CONTR.ACT, PROMISE, UNDERTAKIl�iG OR OFFER T� <br />FOREBEAR REPAYMENT OF MONEY OR TO MAKE ANY OTHER FTNANCLAL <br />ACCOMMODATIpN IN CONNECTTON WITH THIS LOAN OF MONEY �R GRAN'f OR <br />19 <br />Recapture Deed af trust and Security A�reement <br />4840-6755-9942.2 <br />
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