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<br /> principal amount of the Indebtedness secured by this Doed of Trust,not Including sums advanced ta protect the security of thls Deed ni i'��,
<br /> Trust,exceed the original principal amount stetad he��eln,or 5 a 0 0 d 0.0 0 ,whlchever Is greater. �,'.�.,�:_.
<br /> ' 18.MI�cNlan�ous Provl�lons. '"-��
<br /> (a)Borrow�r Not R�lased.Hxtanslon of the tlme for payment or moditicetion ot arnortization of the sums secured by thls
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<br /> Do�d ot Trust grented by lender to any successor In Interest of Borrower shali not operete to release,In any mannor,the ilablll- _.,.
<br /> ty oi the orlglnal Borrower a�d Borrower's successors In interest. Lend9r ahall not be required to commence proceodings � :_
<br /> � aga lns t such successor or refuse to exteRd tlme for payment or otherwlse modify amortizatlon of the sums secured by thie y . .�u.._
<br /> � , Deed of Trust by reasoi�oi any demands mede by the original Borrower end Borrower's successors in iytereset. �;ij;;;;
<br /> "x (b)Under'�Pow�n�.Without aifecting the Ilebllity of eny other peraon Ilable for the payment of an obll atlon heretn men• � _�_
<br /> tioned,and wl►hout aHecting the Ilen or cherqe oi this Deed of Trugt upon eny poKion of the Property not then or theretofore �i _
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<br /> , , ;�� released as security for lhe �ull amount of all unpald obli�Allone,Lender mey, trom tlme to time and without notico(f) release L
<br /> „��, any person so Ilable,(il)extend the maturtty or alter any of the terms of any such obllgations,(Ilq g�ant other indulgences,(iv) 0
<br /> �x��� release or reconvey, or cause to be released or reconveyed et eny tlme at L.enders optbn any parcel, portion or ell of lhe�
<br /> Property,(v)take or release eny other or additlanal security for eny obllgetlon her9in mentloned,or(vi)make compositbns or
<br /> ' . � other arrangements wlth debtore In relation thereto. --
<br /> (c)Forb��ranc�by L�nd�r Not a Walv�r.Any forbearance�by Lender ln exercising any right or remedy hereunder,ar oth-
<br /> ; � erwlse afforded by applicabte law,shall not be a walver of or preclude the exRrclse oi any such right or remedy.The procure- --
<br /> ment of Insurance or the payment of taxes or other Ilene or charges by Lender shall not be e wafver or Lenders right to ecceler- `
<br /> � �� ate the maturity af the Indebtednesa secured by thla Geed of Trust
<br /> (d)Successors and Asslgn�Bound;Jolnt and 8�vent Li�bllity;Captlons.The covenants and agreements herein con-
<br /> talned shall bind, and the rights hereundar shall Inure to, the respective succsssore and asslgns ot l.ender end Trustor. All
<br /> covenants and agreements of Trustor shell be Jotnt end several.The captlons erri headings of the paregraphs oi this Deed of
<br /> -; Trust are far convenlence only and are not to be used to Interpret or deflne the provislons hereof.
<br /> � (e)R�qu�st for Notlas.The partles hereby request that a copy of any notice of defeult hereunder and a copy of any notice
<br /> �� of sale hereunder be mallcsd to each party to thls Deed ot Trust at the eddresa set forth above In the manner prescribed by
<br /> � applicablo law,Except for any other notice required under eppiicable law to be given In enother manner,eny notice provided tor
<br /> in this Deed of Trust shell be piven by mailing such notice by certlfled mall addressed ta the other parties,at the addresa set �
<br /> �: forth above.Any notice provided for in this Deed oi Trust shail be eHective upon malling In the manner designated herefn.Ii
<br /> " TruRtor Is more than one pereon,notice sent to the address set forth above shall be nolice to all such persons. rovided
<br /> � (�Insp�atlon.Lender mey make or cause to be made reasonable entries upon end InspecUons o}the Property� R __
<br /> that Lender shall give Trustor notice prior to any such Inspection specifying reasonable cause therofor related to Lenders inter-
<br /> est In the Property.
<br /> � (g)Reconvsyance.Upon peyment of all nums secured by tnis Deed of Trust,Lender shali request Trustee to reconvey t e
<br /> Property and shall surrender this Deed oi Trust and all notes evldencing IndebtAdness secured by this Qeed oi Trust to
<br /> Tn�stee. Trustee shall reconvey the Property, without warrenry and without charge to tho person or persons legelly entiUed
<br /> thereto.Trustor shait pay all costs oi recordation,If any.
<br /> (h) P�nonal Prop�rty; S�eurity Rgnsment.As addltional securiry for the peyment oi the Note,Trustor he�by grenta
<br /> Lender under the Nebraska Unlform Commerclal Code a security Interest In ell flxtures,equlpment,and other personal property
<br /> used In connectlon wfth lhe renl estate or improvements locsted thereon,and not otherwise declered or deemed to be a part of
<br /> ' the real estete secured hereby.This Instrumeni sheli bn uiri�fi�ad as a��c:ss�;°9'esment!'nder sald Code,and the Lender
<br /> shall have ell the rights end remedies of a secured party under eaid Code in addition to the rights and remedies created under
<br /> ' be cumu et►ve wieth,and I nno way a�IfmitatDlo onf LenderP'sr ghtc end emedies u9 der any other�seecurity egrteemen8sig ed by
<br /> BoROwer or Tn�stor.
<br /> - (1)Liens and Encumbrances.Trustor hereby warrants and represents that there is no default under the provisions oi any
<br /> ; �•� mortgage,deed of trust,lease or purchase contract descrlbing all or any part o(the P�operty,or other contract,instrument or
<br /> - . •• _.ti • egreement constftuting a Ifen or encumbrance agalnst all or eny part of the Properry (collectively, "Llens'),exisUng as ot the
<br /> dete of this Deed of Trust, end that any end ell existing Llens remaln unmodifled except as dlsclosed to Lender(n Trustor's writ-
<br /> ten disclosure of Ilens and encumbrances provlded for herein. Trustor shell tlmely perform ell oi Trustor's obligetlona,
<br /> covenants,represent�+tlons end warrentles under any end all extsting end future Llens, shall prompUy fonr�ard to Lender coples
<br /> of all notices of default sent In connection w(th eny end all existing or future Llens,and shall not without Lenders prior wrltten
<br /> consent In any manner modtfy the provlsians of or ellow eny tuture advences under eny exlsting or future Ilens.
<br /> • Q)Application ot Paymsnts. Unless otherwise required by law,sums paid to lender hereunder,including wlthout Iimitatlon
<br /> payments oi principal and Interest, insurance proceeds,condemnation proceeds end rents and protita, shaii be epplled by
<br /> Lender to the amounts due and ow►ng from Trustor end Borrower In such order as Lender In fts sole dlscretbn deems dosir-
<br /> abfe.
<br /> (K)S�verablllty.It any provlsion of thls Deed ot Trust conflicts with epplicable law or Is declared Invalld or othe se unen-
<br /> " • effect w'ithout the confllcting p ovislon and to thlseend thetprovis onsiot this Deed ot Trust nd thetNote are dectared be sev-
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<br /> (I)Terms.The terms"Trustor"end"Borcowe�'shatl include both singufar and plural,and when the Trustor and Borrower et�e
<br /> the same person(s),those terms as used in this Deed nf Trust shali be Interchangeable.
<br /> . (m)Governing Law.This Deed of Trust shall be govemed by the laws of the Stete of Nebraska.
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<br /> Trustor hos oxecu this D d of 7rust of the date written above. '� -
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<br /> � � Trustor (P A M E L A S. L U D W I G) Trustor
<br /> (RI K . L DWI )
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<br />- � Trusror Trustor
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