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<br /> � princlpal smount nf the indebtedness aecured by thls Deed of Trust,nat Includinp suma pdvaRCad to protect the Racur(ty of thl»1?eed of �,r'
<br /> Trust,exceed the originsf pdnclpal emount steted hero!n,or$�25.000.00 ,whichrvor Ia greater. ,
<br /> 1B.Misc�fl�n�ou�Provirlons,
<br /> (o) Dorrawoe P�ot Roloered.E.xtonslan of tho tlmo for paymont or mod141cation of amnrtfxntion of tha numa�ocurod by lhfn
<br /> Oeed of Trust pranted by Lender to eny successor In intorest oi Borrower sh�ll not oporato to releas4,In any nlnrmer,the Ilnbfll-
<br /> ty of ttie oripinal 8orrower end Borrower'R succossore In Interost. Lendor shell not bo requlrad to cammnnco procoedlnAfl
<br /> ogalnst such auccassor or rofusa to 9xtend time for peyment or otherwlse modlt�amortlzotion oi tho mima no�urod by thfa
<br /> Oeed oi Tiust ty reoson oi any domands mcdo by lhe odglnal Borro�ler end F�ono�c+or's successor�In int�rast.
<br /> �� (b)LtndsP�Pow�rs. Without eftecting the Ilabliity ai eny other person Ilabie for Oe�payment o!any oG1l�atlon heroin men-
<br /> tionod,nnd withoul eftocting the Il�n or charge oi this Deed of Trust upon any portlon oi tho PropaRy nat then or themtoforo
<br /> released es secudty tor t7�e iull emount of all unpald obilgations,Lond�r mau,from Umo to Umn and wfthaut notic�(I) rc3loncfl `�
<br /> --,�� eny person so Ilable,(Iq extend lhe maturit�r or aitor any of the terms of eny such�bilgedons,(III)gr�nt othar Indulganaos,(iv) �=
<br /> ,��,,,.�! t ro►ease or reconvey, or causo to be raleased or reconveyed et any Nme pt Lertder's optton any paraol, p�rtion ar all o(p�o �`
<br /> . ;�,,,,r� ; Property,(v)take or release any other or addiUonal security for eny obligetion hareln mentloned,or(v1)mHl;u aompnaldona or ��
<br /> o t her arrengamen t e w ll h d e b t o re f r.r e l a t b n t h e re t o. �
<br /> (c)Fort�eara�c�by LendQr Not e Walvat.Any forbearanca by Lender in ex�rcfsing any right or ramedy I�amunder,or ath• ��`
<br /> erwise efforded by epplicabte iew, shell not be e wu(ver of ur precludo the exorcise of sny such right ar ramedy.The procuro- �'•.�
<br /> :� ment ot Insurance or the payment of taxes or othor Uens or charfles by Lends�shnll rtat be a wafver or l.undara dght to accelar- !�-`
<br /> ate the maturlty oi the indebtedness secured by Urls L�eed of Trust
<br /> � (d)Succ�s�ors and Assign:Bound;Jolnt and 8everal Llablllty;Cautlorta.'t'ho covenants and a�r�ementfl heroin con- ��
<br /> .i telned sholl bind,end the dghts hereunder shatl Inure to, the res�tectl+�e s�tccessots end assigna of l.ander and Trustor.All ��='
<br /> covonants and agroements of Trustor shall be Joint and several.The cantions artd headings of the p�ragrtapltis of this Deed oi { v;,_
<br /> Trust are for canvenlence only and ere nat to be used to Interpret or daflnu Uta proviafons hereaf.
<br /> (e)R�q�u�st tor Noticas.The parUes hereby request that e copv ot eny rtmttce of dotauit hereundar and n copy ot any nottce ��-
<br /> '' ot sate hereunder be maited to each paety to this Deed of Trust at the edd�tess set forth above in tfio mum�er prescribed by
<br /> � e IicsWe(a�r.E.xcept for any other notice required under appllcahie law tn ha given In another manner,any noUce provfded for
<br /> ,� (n tphfs Doed of Trust shafl be given by mailing such notice by certifled mail addrossed to the othar partl�s,et the addrosn sot �_
<br /> 9orth above.My notice provided tor in thls Deed of Trust shall be effectlue upon maliing in tha manner designated heroln. If �"
<br /> ,i; Trustar is more than one person,noidce sent to the eddress sset forth above shall be noUce to all such pe�sons. �� ,
<br /> ,,,y � ,;;,,,t;l'a,; (� In��acHon.Lender mey make or cause to be mede roasonabin entrtso upon end Inspectians of the Property,pmvldod —
<br /> :; f;,"��,i;l;j�, thet Lender shall give Trustor nodce prior to any such Inapoctlon epecifyinp roasoneble cauae therefor relatod to 1_ender's Inter-
<br /> - �t• est in the Propertyr.
<br /> •`���`'�•• .. (g)R�convsyance.Upon paymont of all sums secur¢d by thls l7eed of Truat,Lender shali re�uest Tn�stee to reoonvey the
<br /> ,, Praperry and shall surrender thl� Deed ot Trust and all notns evidanclnp Indsbtodrtess seczired by this Deed af Truat to
<br /> Trustee.Truatee shall reconvey ti�e Property,without v�arrenty and withaut charge to the peisun or pt�rs�ans legaity entitied
<br /> • • there4o.Trustor shell pay all costs of recordatbn,H eny.
<br /> (h) P�ntont�l Prop�rty;S�curity Ayreens�n�As eddiGnnui security far the payment oi the Note,Trus4or O�ereby gmnts
<br /> Lender under the Nebraska Uniform Commerclal Code a Eecurity fnteroat In alt 8xtures,equfpment,end�iher gersonel properly
<br /> used in oonnection wtth the real ostete or improvemante locpted thereon,end not okherwiae declared or deemod to be e part of =
<br /> ' the reel estete secured hereby.This Inatrument shali be constru�d as e Secunry Agraemont unmgr sa�d C:cwe,ana tna�anoer
<br /> ' � ' shall have eil the dghte a�d remotJies of a secured party under oAld Code In addidon to the ric�hla and remedles created under
<br /> " . end acxorded the Lender pursuant to this Deed oi Trust;provlded thet Lenders�ights and remaQias under thts paragroph el�all
<br /> �' '�� be cumulative with,and i�no way a Iim(tatton on,Lender's dphts end remediea u�der any othar secuMry agreement signed by _
<br /> �; ;.� eorrower or TNStor. _,.
<br />.�'`'.'; �; �'� (i) LMna and Encumbranc�s.Trustor hereby warrantn and representa that there is no detauft under the g�rov�;,w�s of eny
<br /> .�';�;:"'�'' mortgage,deed ot trust, tease or purchase�contract describina ell or any part of the Property,or Qther conUact,Instrumeni or
<br /> "x�.i'.�:��� ` agreement constituting a Ilen or encumbrance againct ell or any part uf the PropeRy(collecWa9y,'Liena'),exlsUng as oi the
<br /> ���� � date of this Deed oi Trust,end tha4 eny end ell exlsUng Llene remnin unmadtFied except as disclosecl to Lender in Trustor's writ-
<br /> '�-•'•'•k"�`��'`� ten disclosure of Ilens and encumbren�s provlded fnr heroin. Truotor shali timely perform nll ot Trusto�s obligetlons,
<br /> -''���`"`�� covenants,representatlons end warrenNes under en��and all existing and futuro Llens,shall promptty forward to Lender copies
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<br />=- "�.,,��;, of aU notiGes of defauit sent In connectinn with any enQ Afl extatlng or futuro Llens,end shali not without Londers prior written
<br />-•���„�_��'����? consent in any manner modify the provisbns of or allow any fuiuro advancea undor eny exisUng or fubire Ilens.
<br /> �;;r'�"�� Q)Appiks�tlon of Psymsnb,Unless otherwlse requlrad by luw,sums paid to Lender hereunder,Includir�g withuut Ilmitetlon
<br /> .�r��-��-,-`��— payment� of principal ond interest, Insurance proceeds, cortdemneNon pmceeds end rents end proflts, ehail be epplled by
<br /> -:.:t�:.a�,:ti;� Lender to tho amounts due and owing from Trustor and Borrawer in such arder as Lender In fts sole df�a�e�on deems desir-
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<br />=-�� (k)8�wrabtlity.lf eny provlsion of thls Deed of Tiust c9nfliCte with appik:eble law or Is dectared InvAlk!or a►thenvise unen- '�
<br /> ��"Y;,�'•„ forcsable, such conflict or Invalid(ty shali not effect the other pmvfsione ai thfa Deed oi Trust or the Note�+Vhlr.T�can be glven -"
<br /> - effect wlthout the confllct�ng provision,and to this and ihe provlsidna of this Deed of Trust end tha 6Uote ere declared to be sev-
<br /> erable.
<br /> -��!���� (I)T�rms.The torms"Trustor'and'Bom4wer shall Include both eingular and plurat,end whan the Trustor and Borrower are
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<br />_:._�,�� the same person(s),those teRns as used in this DeeQ oi Trust shell bo interchangoable. _
<br />- �^� (m)Gov�miny lsw.This Oeed of Trust sholi be govemed by the taws of the State of Nebraska. _
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<br /> , , Trustor has oxecuted lhis Dcsed oiTruat as of the date w►itten above. �<< ;
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<br /> �� � M CHAGL R. OWEN Trustor Trustor
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<br /> • Truator Trustor
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