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<br /> ,. princlpai amount of the Indebtedness secured by lhts Deed of Trust,not Inctuding aums edvanced to protect th�securtty ot this Deed of
<br />_ � �?�. Trust,exceed the original principal amount steted hereln,or S��� rnn nn ,whichever is greater. —
<br /> 18.Mlscellan�ow Provlalflns. —
<br /> '� T (o)Borrow�r Not RNue�d. Extenalon of lhe tlme tor payment or modiflcetion of emartlzatlon of the sums sacured by this �.
<br /> Deed oi Trust granied by Lender to any euccessor In Interest ol8orrower shall not operate to reioase,In any manner,the Ilabul• _
<br /> _ � ty of the orfglnul Borrower and Barrower's auccessors In Interest. Lender shall nnt be requlred to commence proceedinps � �
<br /> ' .i agalnst such successor or refuse to exlend time inr payment or otherwlse modify emortizetlon oi the sums secured by this I �
<br />-• � • ; Deed oi Trust by reason oi any demends made h�y tho orlginel Borrowar and Borrowers successors In interest. � _
<br /> � � �: (b)L�ndsr's Pow�n.Without effecling the Ilabllity of any other person Ilable for the payment of enynotl'9hen or therdtofore �"�
<br /> ! tloned, and w(thoul aifecNng the Iien or charge of thls Deed oi Trust upon any portlon of tha Property
<br /> releassd as securfty!or the full emount of ell unpald obitgatlons,Lender may,from tlme to time and without natfca(f)retaase�
<br /> -.��•�r'�f'� _ eny person so Ilable, (Iq extend the maturity or aiter any of the terms of any suah obligations,(Iil)grant other Indulgonces,pv) �
<br /> � release or reconvey, or ceuse to be released or reconveyed at any time at Landers optlon any parcel, portion or all of Ihe�i
<br />- prciperty,(v)teke or rolease eny other a addltionel aecurity for eny obligation hereln mendoned,or(vl)make composltlons orQ
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<br /> �• ----,, other errangements with debtors In relatbn thereto.
<br />' (c)Forbe�nncs by Lend�r Not a Wdv�r.Any forbearance by Lender in exercising any right or remedy hereunder,ar Wh-
<br /> ' � erwisa aftorded by applicable law,shall not be e wpfver of or preclude the exercise of any such right or remedy.The procurc _
<br /> ment ot insurance or the payment of taxos or other Ilens or chargos by Lender shall not be a waiver or Lenders right to ecceler-
<br /> ete the maturity of the Indebtedness secured by this Doed oi Truat --
<br /> � (d)Succ�sson and Assipns Bound;Jolnt and S�v�r�l Liabllity;Captions.The covenants end egreements hereln con-
<br />•.= talned shall bind,end tha rights hereunder shall Inure to,the respective successors and assigns ot Lender end Trustor.All
<br /> � covanants and agreementa of Trustor ahall ba Joint and severai.The captions and headings of the paragraphs of this Dee�of
<br /> � Trust are for convenience only and are not to be used to Interpret or deflne the provlslons heroof.
<br /> (e)Requ�st for Noticss.The partles he�`o thls Deedt oftTruspat t e addrtes�s setforth above�ln thenman ePyprasc�bed by
<br /> >� ± of sele hereunder be mailed to each party
<br /> • applicable law.Except for any other notice required under epplicable lew to be given In another manner,any notice provlded tor
<br /> '�!, in thls Deed of Trust shall be given by mailing such natice by cortifled mail eddressed to th�other parties,at the eddress set �
<br /> � forth above.Any notice provided for In this Deed of Trust shall be effective upon mailing in the manner designated herein.If
<br /> � Trustor Is more than one person,notice aent to the address set forth above shall be notice to all such persons.
<br /> � (� Inap�ction.Lender may meke��0 8n t s ch nspection speclifying reasoneble csuse the�efo related oL d e s i e�r-
<br />- • t h a t Lender shell give Trustor notice p Y
<br /> esl in tho Property.
<br /> (g) Rsconveyancs.Upon paymant of all sums secured by this Qeed of Trust,Lender shall request Trustee to reconvey the
<br /> � Property and sheli surrender this Deed of Trust and all notes evidencing Indebtedness secured by thfs Deed of Trust to
<br /> Trustee.Trustee shail reconvey the Property, without warranty and wfthout charge to the person or persons(egeliy entltlecf
<br /> ��;, thereto.Trustor shall pay ell wsts of recordatlon,If any.
<br /> � (h) Psnonv! Prop�rty; S�curity AdrNment.As additional secudty for the payment of the Note, Trustor horeby grents
<br /> ! Lender under the Nebraska Unfform Canmerclal Code a security interest in aIl flxtures,equipment,end other personai property
<br /> � used in connectlon with the real estate or lmprovem�nts loceted thereon,and�iot otherwiso declared or deemed to be e pad of
<br /> - ttte�eel esteie securnu i��biirby.Thl�!r�!sumen!shall be construed as e Security Agreement under said Code,and the Lender
<br />=::�� '. •� shell have ell the righta and remedies of a secured party under sald Cc�de in addition to the nghts end remedies creaiea undai
<br />- �' � be cumu etie with,and in no way a�IlmltatDlon oni Lende ps rights and emedles undter anny other�securiry agr'eemengslgned by
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<br /> Borrower ar Trustor.
<br />,: : (I) Llans�nd Hncumbn+ncos.Trustor hereby warrants and represents that there Is no default under the provlsions of any
<br />- mortgage,deed of trust, leaoe or purchase wntract deacrlbing all or any part of the Property,or other contract,Instrument or
<br /> _, � ,..^ • agreement constituting a Ilen or encumbrance against all or any part of the Property(cullectively, "Liens'),existing es ot the
<br /> date of thfs Deed ot Trust,and ttiat any end all exlsting Llens romain unmoditied except as disclosed to Londer In Trustor's writ-
<br /> ' ten disclosure ot Ilens and encumbrences provlded for herein.Trustor shall timely pertorm all ot Trustor's obl�gations, _
<br />� " •;'�q covenants,representetlons end warrentles under any end ell existlng and tuture Liens,shell prompUy torward to Lender coples
<br />`' oi all notices of defeult sent In connecllon with eny end ali existing or future Liens,and shall not without Lenders prior wdtten
<br />��". _ , cors,��n eny manner modify the provlsions of or aliow any future edvances under eny exlstin g or future Ilens.
<br /> �- Y.wr�" �.M�plication oi Paym�nb.Uniess otherwise requlred by law,sums pald to Lender hereunder,Inciuding without limitatlon
<br />� '•� � ' . ''�' Lender to t epemounts due�end owing from Tru or and Borrower Int�such order�as L ndern It Bole discr tton deems'�desbr
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<br /> (F:)8�v�nbiltty.If eny provislon of this Deed of Truat confllcts with eppliceble lew or Is declared invatld or otherwise ura�-
<br /> . � ! forceable, ut t contlictin inpr�ovi Is on end to thise nd thetp ovlsions�of thisf Doed of Trust end the Note e e dectared t be sev-
<br />:-•;. effect wdho 9
<br /> - erable.
<br />� ` (I)Terms.The terms"Trusto�'and'Borrowo�'shail Include both singular and plurai,end when the Trustor and Borrower are
<br /> =":ti�� .- the same person(s),those terms es used in thls Deed of Trust shall be interchangeabie.
<br />- ,,, � (m)Governing I.aw.Thls Deed oi Trust shall be govemed by the laws of the State of Nebraska.
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<br /> Trustor has executedatils'UBed of Trust as of the cfate written ebove.
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<br /> (James E. Shultz)
<br /> Trustor ( ►1 g d G. S h IlltZ) Trustor
<br /> Trustor Trustor
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