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20�2013�� provided for in this Deed o£Trust shall be effective upon mailing in the manner designated herein. If Trustor is more than one person, no�ice sent to the address set forth above shall be notice to all such persons. ( fl Inspecl3on. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided tha.t Lender shall give Trustor notice prioz to any such inspection specifying zeasonable cause therefor related to Lender's interest in the Properiy. (g) Reconveyance. Upon payment o£ all sums secured by this Deed. of Tnist; Lender shall request Trustee to reconvey the Propertq and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee. Trustee shall reconvey the Propezty, without warranty and without charge to the person or persons legally entifled thereto. Trustor shall pay all costs of recordation, if any. (fi) Personal Pxoperty; Security Agreement. As additional security for tlie payment of the Note, Trustor hereby grants Lender under the Nebraska Uniform Commercial Code a security interest in al� fixtures, equipment, and other personal property used in. connection with the real estate or iffiprovements located thezeon, and not otherwise Agreement under sa,id Code, and the Lender shall have all the rights and remedies of a secured party under said Code in addition to the rights�and remedies created under aud accorded the Lender pursuant to this Deed of Trust; provided that Lender's rig�ts and remedies under this paragraph sha11 be ciunula�ive with, and in no way a limitation on, Lender's rights and remedies under any other security agreement signed by Borrower or Tn�stor. (� Liens and Encumbrances. Trustor hereby wai�ants and represents that there is no default under the provisions of any mortgage, deed of trust, lease or purchase contract descnbing all or any part of the Property, or other contract, instrument or agreement constituting a lien or encumbrance �gainst all or an.y part of the Property, (collectively, "Liens"), existing as of the da.te of this Deed of Tn�st, and that any and all existing Liens remain unmodified except as disclosed to Lender in Trustor written disclosure of liens aud encumbrances provided for herein. Trustor shall timely perform all of Trustor's obligations, covenants, representations and waxranties under any and all existing or futtu Liens, shall promptly forvvard to Lender copies o£ all notices of default sent in connection with any and all existing or future Liens, and sha11 not without Lender's prior written consent in auy manner modify the provisions of or allow any futute advances under any existing or future liens. (j) Appflcahon of Pay�ments. Unless otherwise required by law, sums paid to Lender hereunder, includi.ng without limitation payments of principal and interest, inm�rAnce proc�eeds, condemnation proceeds and rents and profits, shall be applied by Lender to the amounts due and owing from Trustor and Borrower in such order as Lender in its sole discretion deems desirable. (k) Severabilitq. If any p,rovision of this Deed of Trust conflicts with applicable law or is declared invalid or othexwise unenforceable, such conflict or ivavalidity shall not affect the other provisions of this Deed of Trust or the Note which can be given �ffect without the conflicting provision, and to this end the pzovisions of this Deed of Trust and the Note are declazed to be severable. (1) Terms. The terms "Trustor" and "Borrower" shall include both singular and plural, and when the Trustor and Borrower are the same pei'son(s), those terms as used in this Deed of Trust shall be interchangeable. (m) Governing Law. This Deed of Trust shall be governed by the laws of the State of Nebraska. Tnistor executed this Deed of Trust as of the date written abo �— � 'J � ` � ir' l . � T John T. Welch Trustor oy e M. Welch Trustor Trustor STATE OF NEBRASKA covrrr� oF ��LL The foregoing Deed of Trust was acknowledged before me this ��da.y of 2012 by M. Welch, husband and wife L�48�AI. NOTARY - State ot Nebraska JOLYIdE K. NELSEN My Ccmm. Exp. June 30, 2013 STATE OF NEBRASKA COUNTY OF The foregoing Deed of Tnist was acknowledged before me this day of 2012 by , of a Corporation, on behalf of the Corporation. ATotary Public