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<br /> �'��Y"=``'��' dnct 1 amou�t oi the Indebtedneas secu�ed by thle Oeed ot Tru�st,not including auma sdvanced ta protect the security of this Ooed of
<br />-. ='-'�:.: • •�; p � 000. ,whicheve�is reater.
<br /> Trust,exceod the orlginat pdncipai amount eteted herelr�,or S��� �(� 9
<br /> . • y 18.Miswitan�ous Prnvlsions.
<br /> l• (a�Borrow�r Not Rd�=ssd.Exlenalon ot:h9 time for payment or modiflcaUon oi amortlzaGan ot the suma secured by this (�
<br /> '' Deed of Trust grented by Lender to eny succeasor In interest of Borrower shall not operate to release,in any manner,the Ilablll- �
<br /> „ A. p. ty of the orlginai Borrowor and Borrower's auccesaors in interost. Lender shell not be requirecl to commence procoQdlnpa ,�
<br /> • againat euch euccessor or refuae to extend time for peyment or othe,�wise modify amortizatlon of the suma secured by this
<br /> • �� Oeed of Trust by reason of any demends made by the odgine�Borrower and Borrower's successora fn intorest.
<br /> ' ` •, {b)L�nd�r's Pow�ro.Without �ifecting the liabllity of any other person Ilable for the payment of any oblfgnUon herein men-
<br /> %r. tioned,and without atfecUng tha Itan or cherge of this Deed oi Trust upon any portion of the P�operty not then or theretofore 0
<br /> �elease�as securiry for the full amount of ell unpatd ob�IgaUons,Lender may,from time to tJme and without notice(i)release
<br /> ..-•i� any pereon eo Ilabie,(ti)extend the maturlty or alter any ot the terms o4 any such obllgatlons,(iii)grant othor indulgences,(Iv)
<br /> ••,�;.��". � � �elease or reconvey,or cause to be reteased or rewnveyed at any dme at Lendera optlon any parcel, porlfon or all ot tho W �
<br /> � Property,(v)teke or�eiease eny other or additlonel security for any obllgaGon herein mentloned,ar(vi)make compositi�na or
<br /> ' other arrangements with debtors in reietfon ther�tto.
<br /> .'fi> �. (c)Forbearanc�by Lender Neyti Walver.Any forbesrance by Lender in exercising any dght or remedy hereunder,or oth-
<br />_ � erwise afforded by applicabie few. ahell not be a waiver ot or precluQe the exerclse ot any such right or remedy.The procure-
<br /> ,, ment ot insurance or the payment ottaxes or oth�r Ilens or charges by Lender sheil not be e waiver or lenders rlght to acceler-
<br /> - d ete the maturity of tha indebtedness aecured by this Deed of Trust
<br />" (d)Sucatsson and Assi�ns Bound;Jolnt and Savarai LIabUlty;Captione.The covenants and ogroements herein con- -
<br /> - .. ': ? talned shall bind, and the dghts hereunder shall inure to, the respecdve successore end assigns oi Lender and Truator.All
<br /> f� ` � covenants and agreements oi Trusta shall be Jotnt and several.The pptions and headings of the paragraphs of this Deed ot
<br /> - � Trust are tor convenience onty and are not to be used to interpret or deftne the provislons hereof.
<br /> � (e)Requsat for Notices.7he paNes hereby request that a copy of any notice of default hereunder and a copy of any nodce
<br /> • of seie hereunder be malied to each party to thia Deed of Trust at the addresa set forth abovo in the manner prescribed by
<br />=-� ' epplicab�e law.Except for any other notice required under applicable law to be given In anot�er manner,any noGce provided for
<br /> � � in thie Deed of Trust ahali be givan by mai�ing auch noGce by cerUfied moll addressed to the other paRies,at the address set
<br /> `. ,°_ ' forth above.Any noUae pravided tor In ihis Oeod of Trust shall bo otfocUvo upon melifng in the manner designated herein.It
<br /> � . , Trustor is more than one person,nodce sent to the address set forth above shali be notice to all such petsons.
<br /> (�Insp�ation.Lender may make or cause to be made reasonable entries upc�n and inspectlona of the Property,provlded
<br /> that Lendor shali give Tcustor nottce prior to any such inspectlon specifying reasonable cause therefor related to LendePs inter-
<br /> � est In the Property.
<br /> � (g)R�convsyancs.Upon payrnent of all suma secured by this Deod oi Trust,l.ender shall requeot Trustee to reconvey the
<br /> � Properiy and shall surrender this Deed of Trust and ait notes evidencing indebtedneas secured by this Oeed ot Trust ta
<br /> " Trustee.Trustee ahali reconvey the Properly,without warrenty and without charge to the person or persons Iegaily entlUed
<br /> •� - thereto.Trustar sheil pay ali costs of recordaUon,it any.
<br /> ' (h) Pensonai Property;3ecurity Agresm�nt As add(Uonai security tor the payment of the Note,Trustor hereby grants
<br /> , Lender under the Nebraske Uniform Commerclal Code a security interest in all flxtu�es,equipment,and other personal property
<br /> used in connection with the real estate or Improvements located thereon,and not othennrlae dectared or deemed to be e part ot
<br /> . the reai estete secured hereby.This instrument shail be construed as a Security Agreement under safd Code,and the Lender
<br /> � , a►�att�avw att tha righta and rAmedles of e secured party under said Code in addition to the riphts and remedles created under
<br /> - ' ' � and accorded the Lender pursuent M this Deed ot Trust;provlded fhat Lender's rights end remedies under U�is paragreph shall
<br />;�,.,� ' be cumuietive w(th,end in no way a IlmiteUon on,Lenders rights and remedies undar any other security egreement signed by
<br />_. :� t•: " Borrower or Truator.
<br /> - (t)Liens and Enaumbrances.Trustor hereby warrents end representa thet there is no defeult under the provisions ot any
<br />_ � moRgage,deed ot truat,tease or purchase contract desc�ibing aIi or eny part of the Property,or other�ntract,instrument or
<br />_" . agreement consUtutlng a Ilen or encumbrance against all or any part of the Properly(colloctively,"Ltens"),exisGng es oi ths
<br /> - date of this Deed of Trust,and that any and atl existing Liens remain unmodlfled except ae diaciosed to Lender in Truators w�it-
<br /> � �=�`y ten diaclosure of�lens and encumbrances provided for herein.Trustor shall timeiy pa�torm aIi of Trustors obiigationa,
<br /> __ . . ., wvenanta,representadons and warrenties under eny and alt exisdng and future Liens,shalt prompUy Porwerd to Lender copies
<br /> of aii notices oi default sent in connectlon with any and all existing or future Uens.and sheli not without Lenders prior written
<br />-, h .: �. consent in eny mannor modlry tha provisions ot or aliow eny future advancea under any exiating or future pens.
<br /> � Q)Applicatton ot Paym�nb. Unless otherwlse required by Iaw,sums paid to Lender hereunder,fnclud(ng witNout ilmitatlon
<br /> � �� payme�te oI principal and interest,lnsuranco proceeds, condemnaUOn proceeds and rente and proflts, sheli bn appiied by
<br /> "�'"��'� "'~'� t.ender to the amounts due and owing from Trustor and Borrower in such order as Lender In its sole dlscredon deems desir-
<br />-t, .. •-•
<br /> T Y. � abte.
<br /> �.h ..� (k)3�verabltlty.If any provision of thls I?eed of Truat conflicts with appltcabie taw or Is declared InvaUd or otherwise unon-
<br /> � forceable, such confiict or InvelldEty ehall not aftect the other provisions of this Deed of Trust or the Note which can be given
<br /> � effect without the conflicUng provislon,and to thls end the provislons ot this Qeed of Trust and the Note are deciared to be sev-
<br />_�+s.. ereble.
<br /> ' (1)Tarms.The terme"Trusto�' and"Borrowe�'shall Inciude both singuiar and plurel,end when the Trustor and Borrower are
<br /> i�Y; the aeme person(s),those terms as used In thls Deed of Trust shall be interchangeable.
<br /> , . (m)doveminp Law.Thls Deed ot Truat sha�l be govemed by the laws oi the State of Nebreska.
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<br /> ' 7rustor has executed thfs Daed i�f 7sus��¢;pf the date written above.
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<br /> , �; ` 16.��.� ���' ,� . i �..-„
<br /> � Thomas K. Backus� husband rn,scor Ma y �nn°�,us� wife Truscor
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<br /> Trustor Tnistor
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