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2012047�� interest in the Property, then Lender, at Lender s option, upon notice to Bonower, may make such appearances, clisbu�se such sums, including reasonaMe attomeys' fees, and take such action as is necessary to protect Lender s interest If Lender required mortgage insuiance as a condition of maldng the loan secured by this Deed of T�vst, Botrowershall pay the p�emiums reqiri�ed to maintain such insurance in effect until such time as the requirement for such insurance terminates in acco�rlance with Borrower s and l.ender s written agreement or applicable law. Any amounts disbu�sed by Lender pursuant to this paragraph 7, with interest thereon, at the Note rate, shall become addiNonal indebtedness of Borrower secured by this Deed of T�vst Unless Bonower and Lender agree to other tern�s of payment, such amounts shall be payable upon notice from L.ender to Borrower requesting payment the►EOf. Nothing contained in titis p�uagraph 7 shall �quiie Lender to incur any expense ortake any action heteunder. 8. Iuspection Lender may make or cause to be made �asonable entries upon and inspections of the Property, provided that Lender shall give Bor�vwer notice prior to any such inspecdon specifying rEasonable cause therefore telated to Lender s interest in the Property. 9. Condemnation The proceeds of any awa�d or claim for damages, direct or consequendal, in connecdon with any condemnadon or other talang of the Property, or part thereof, orfor conveyance in lieu of condemna6on, are hereby assigned and shall be paid to I.ender, subject to the terms of any mortgage, deed of trust or other security agreement with a lien which has prioriry over this Decd of Trust 10. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the timc for payment or modification of amortization of the smns secured by this Deed of Tnist granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the original Bomowerand Borrower s successots in interes� Lendershall not be required to commence proceedings against such successor or refuse to extend time for payment or othenvise modify amortization of the sums secmed by this Deed of T�ust Iry reason of any demand made by the original Bo�mwer and Bomnwer s successors in interest. Any for�ea�ance by Lender in exe►cising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exe�cise of any such right or remedy. 11. Succ�ors and Ascigas Boand; Joint and Several L.iabiliiy; Co-signers. The covenants and ag�tements he�in contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Bur�ower, subject to the provisions of paragraph 16 hereof. All covenants and agreements of Botrower shall be joint and several. Any Bortvwer who co-signs this Deed of Tjvst, but does not execute the Note, (a) is casigning this Deed of Tnist only to grant and convey that Bomnwer's interest in the Properly to Trustee under the tern�s of this Deed of Trust, (b) is not personally liable on the Note or under this Deed of Tn�st, and (c) agrees that Lender and any other Borrower hereunder may agree to extend, modify, fort�ear, ormake any otheraccommodatlons with reganl to the teems of this Deed of Tn�st orthe Note without that Bomnwer s co�sent and without releasin� tl�at Bornnwer or modify.ing this Deed of Trvst as to that Borrower's inte�est in the Property. 12. Notica Except for any notice reqttired imder applicable law to be given in another manner, (a) any notice to Borrower provided for in this Deed of Tnist shall be given by delivering it or by mailing such notice by ceNified mail addiessed to Boimwer at the Property Address or at such o�er address as Bo�rower ma,y designate by noace to Lender as provided herein, and (b) any notice to Lender shall be given by cerlified mail to Lende�'s address stated herein or to such other address as Lender may designate by noNce to Borrower as provided he�ein. Any notice provided for in this Deed oF Trust shall be deemed to have been given to BomnwerorLenderwhen given in the mannerdesignated herEin. 13. Governing Law; Severability. The state and local laws applicable to this Deed of Trust shall be the laws of the jurisdicdon in which the Property is located. The foregoing sentence shall not limit the applicability of federal law to this Deed of T�ust In the event that any pro��ision or clause of this Deed of Tn�st or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Deed of Tn�st or the Note which can be given effect without the conflicting p�ovision, and to this end the pmvisions of this Deed of T�vst and the Note a�e declared to be severable. As used herein, '`costs;' `'cxpenses" and "attorneys' fees" include all sums to the extent not prnhibited by applicable law or limited herein. NEBRASKA SECOND MORTGAGE DEED OF TItUST NEBRASKA GreatDas'�' ITEM 4841L4 (072771) (Page 4 al9) 1000772442