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<br /> ' . ; 2.0498 File No. 958 � _..'_`
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<br /> . x 9� 1�i1�i� _-
<br /> � (ii) Payment oE all other indebtedneea and performance o A
<br /> - • . '+� obligations atid covenanta of Truator under each of the °Loan Documenta, " _
<br /> ��� as hereir�af ter def ined T and ''`
<br /> ,;-•�•• (iii) Payment of all o£ the principal of and intereat on any future __
<br /> ��� advances under the Loan Documents, and all auma advanced by Beneficiary to -
<br /> ;,�= • protect the Mortgaged Property, �vith interest thereoa at the Default Rate _
<br /> � prov3ded by the Promisaory Note from the date of advance by Beneficiary to ,.
<br /> the date of payment by Trustor. E:�
<br /> �' ��`.
<br /> rs�;;
<br /> � The indebtedness aad the obligationa securad by thia Deed of Truat which =r-
<br /> . are described in (i) through (iii) above may be referred to herein as the =-
<br /> .� ,
<br /> ��Secured Obligationa." ___
<br /> �:. . —
<br /> - The indebtednesa aecured heraby ia further evidencod and aecured by the �
<br /> following documents, dated of aven dato herewith, which, erith thia Deed of Truet, �
<br />�;u � the Promisaory Note and any amendmenta or aupplemente thereto or modificatione _
<br /> � � thereof are herei.nafter raferred to collectively ae tha "Loan Documente:"
<br /> �'
<br /> - �•`'�` (a) an Aeaignment of Contractuc�l Agreemente Affecting ReQl Eat•ater �
<br /> �
<br /> rn-
<br /> � . (b) an Asc�ignment of Rento and Leaaan� �
<br /> _ ,, ;' (a) a Buil ding Loan Agreemor�.t J _
<br />- (d) an Environmental Indemnity Agreementp
<br />=?,:j. (e) a Notice of Commencement j and
<br />�:r.i,;:.` � (f) a UCC Financing 3tatement filed in the Office of the Nebraska
<br /> rir:.�'.' Secr.etary of State.
<br />- ��
<br />��v'��.-"� ARTICLB Y
<br /> _ -•��� ,,_.
<br /> �,a_: .� , � RBDRS98NT7►TIONB. WARRANTI88. COVBNANTB
<br />- '+;.M: AND A�R886�NT8 08 TRQSTOR -
<br /> a,. . .
<br />'4�..'.xi.. ..
<br /> =�••-�r•��.wr,�w • Trustor hereby represents, warranta, covenanta and agrees:
<br />-_�;�;:;�ti-„y•.
<br />�,.•.�., ee1
<br /> '""Y'�" Section 1.01. $�{vm�nt of S�aurad Obliqatione. Truator heieby gY'ante thia _.
<br />--ti::-�:;.::-.,,,_
<br /> - - � Deed of Trust to secure the paymenC and performance when due of the Secured __
<br />_ " Obligationa. The consideration received by Truator to execute and deliver this
<br />:U, � • ' Deed of Truat and the liene and eecurity intereats created herein are sufficient
<br /> ' and will provide a direct economic beneEit to Trustor. _.
<br />-�,` •°t�4� Section 1.02. Title og Trusto�. Trustor has, subject to Permitted
<br />,._'T�'rm•W--- �.
<br />-- Encumbrances set forth in Bxhibit "B'� hereto, in ita own right, good, marketable
<br />_ " and indefeasible title in fee simple to the Mortgaged Property, which is free
<br /> from encumbrance s•�perior to the encumbrance of this Deed of Truat and has full
<br /> right te make thia conveyance.
<br /> �:-.
<br /> � Section 1.03. �onotruction of imorov�. To complete in good and
<br /> workmanlike manner any building or improvement nr repair relating thereto which -
<br /> may be begun on the Property or contemplated by the loan r�ecured hereby, to pay . _
<br /> when due all costa and liabilities incurred therefor, and not to permit any
<br /> mechanic's or materialmen's lien against the Property. Trustor also agrees,
<br /> anything in this Deed o£ Truat to the contrary notw3thsL•anding: ,
<br /> (a) to promptly commence work and to complete the propoaed
<br /> improvements pxomptly;
<br /> 1 (b) ta complete same in accordance with plans and specifications
<br /> i ae approved by Beneficiary;
<br /> - �
<br /> � (c) to comply with all of L•he terms of any Bui].ding Loan AgreemenC
<br /> � between Trustor and Beneficiary;
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