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20�20946i other terms of payment, such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof. Nothing contained in ttris paragraph 7 shall require Lender to incw any expense or take any action hereunder. 8. Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefore related to Lender's interest in the Properiy. 9. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any condemnarion or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, aze hereby assigned and shall be paid to Lender, subject to the terms of any mortgage, deed of trust or other security agreement with a lien wluch has priority over this Deed of Trust. 10. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust granted by Lender to any successor in interest of Borrower sha11 not operate to release, in any manner, the liability of the original Borrower and Bonower's successors in interest. Lender sha11 not be required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Deed of Trust by reason of any dernand made by the original Borrower and Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. 11. Successors and Assigns Bound; Joint and Several Liability; Co-signers. The covenants and agreements herein contained shall bind, and the rights hereunder sha11 inwe to, the respective successors and assigas of Lender and Borrower, subject to the provisions of paragraph 16 hereof. All covenants and agreements of Borrower sha11 be joint and several. Any Borrower who co-signs this Deed of Trust, but does not execute the Note, (a) is co-signing this Deed of Trust only to grant and convey that Bonower's interest in the Property to Trustee under the terms of this Deed of Trust, (b) is not personally liable on the Note or under this Deed of Trust, and (c) agrees that Lender and any other Borrower hereunder may agree to extend, modify, forbear, or make any other accommodations with regard to the terms of this Deed of Trust or the Note, without that Borrower's consent and without releasing that Borrower or modifying this Deed of Trust as to that Borrower's interest in the Property. 12. Notice. Except for any notice required under applicable law to be given in another manner, (a) any notice to Borrower provided for in this Deed of Trust shall be given by delivering it or by mailing such notice by certified mail addressed to Borrower at the Properiy Address or at such other address as Borrower may designate by notice to Lender as provided herein, and (b) any norice to Lender sha11 be given by certified mail to Lender's address stated herein or to such other address as Lender may designate by notice to Bonower as provided herein. Any notice provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated herein. 13. Governing Law; Severability. The state and locallaws applicable to this Deed of Trust shall be the laws of the jurisdiction in which the Properiy is located. The foregoing sentence shall not limit the applicability of federallaw to this Deed of Trust. In the event that any provision or clause of tlus Deed of Trust or the Note conflicts with applicable law, such conflict shall not affect other provisions of this De,ed of Trust or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Deed of Trust and the Note are declared to be severable. As used herein, "costs," "expenses" and "attomeys' fees" include all sums to the extent not prolubited by applicable law or limited herein. 14. Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Tn�st at the time of ex�ution or after recordation hereof. NEBRASKA - Second Mortgage -1/80 VMP-76(NE� (0509) Amended 7/04 Page 4 of 7 Borrower(s) Initials � �