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2o1�os��o <br />other terms of payment, such amounts sha11 be payable upon notice from Lender to Borrower requesting payment <br />thereo£ Nothing contained in this paragraph 7 sha11 require Lender to incur any expense or talce any action hereunder. <br />8. Inspection. Lender may make or cause to be ma.de reasonable entries upon and inspections of the Properiy, <br />provided that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefore <br />related to Lender's interest in the Property. <br />9. Condemnat3on. The proceeds of any awazd or claim for damages, direct or consequential, in connection with <br />any condemnation or other ta.king of the Property, or part thereof, or for conveyance in lieu of condemnation, are <br />hereby assigned and shall be paid to Lender, subject to the terms of any mortgage, deed of trust or other security <br />agreement with a lien which has priority over this Dced of Trust. <br />10. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br />modification of amortization of the sums secured by this Deed of Trust ganted by Lender to any successor in interest <br />of Borrower shall not operate to rele,ase, in any manner, the liability of the original Borrower and Borrower's <br />successors in interest. Lender sha11 not be required to commence proceedings against such successor or refuse to <br />extend time for payment or otherwise modify amortization of the sums secured by this Deed of Trust by reason of any <br />demand made by the original Borrower and Borrower's successors in interest. Any forbearance by Lender in <br />exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or <br />preclude the exercise of any such right or remedy. <br />11, Successors and Assi�ns Bound; Joint and Several Liabil�ty; Co-signers. The covenants and agreements <br />herein contained shall bind, and the rights hereunder sha11 inure to, the r�pective successors and assigns of Lender <br />and Borrower, subject to the provisions of paragraph 16 hereof. All covenants and agreements of Borrower shall be <br />joint and several. Any Borrower who co-signs this Deed of Trust, but does not ex�ute the Note, (a) is co-signing this <br />Deed of Trust only to grant and convey that Borrower's interest in the Property to Trustee under the terms of this <br />Deed of Trust, (b) is not personally liable on the Note or under this Deed of Tnist, and (c) agrees that Lender and any <br />other Borrower hereunder may agree to extend, modify, forbear, or make any other accommodations with regard to <br />the tenns of ttus Deed of Trust or the Note, without that Borrower's consent and without releasing that Bonower or <br />modifying this Deed of Trust as to that Borrower's interest in the Property. <br />12. Notice. Except for any notice required under applicable law to be given in another manner, (a) any notice to <br />Borrower provided for in this Deed of Trust shall be given by delivering it or by mailing such notice by certified mail <br />addressed to Borrower at the Property Address or at such other address as Borrower may designate by notice to <br />Lender as provided herein, and (b) any notice to Lender shall be given by certified ma.il to Lender's addres,s stated <br />herein or to such other address as Lender may designate by notice to Borrower as provided herein. Any notice <br />provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the <br />manner designated herein. <br />13. Governing Law; Severability. The state and local laws applicable to tlus Deed of Trust sha11 be the laws of <br />the jurisdiction in which the Property is located. The foregoing sentence shall not limit the applicability of federallaw <br />to this Deed of Trust. In the event that any provisiott or clause of this Deed of Trust or the Note conflicts with <br />applicable law, such conflict shall not affect other provisions of this Deed of Trust or the Note wluch can be given <br />effect without the conflicting provision, and to this end the provisions of this D�d of Trust and the Note are declazed <br />to be severable. As used herein, "costs," "expenses" and "attomeys' fees" include all sums to the extent not prohibited <br />by applicable law or limited herein. <br />14. Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the <br />time of execution or after recordation her�f. <br />NEBRASKA - Second Mortgage -1/80 <br />VMP-76(N� (0509) <br />Page 4 of 7 <br />��nded 7/04 <br />Borrower(s) Inidats � <br />