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201401112
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Last modified
7/20/2017 10:23:24 AM
Creation date
2/27/2014 1:47:28 PM
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DEEDS
Inst Number
201401112
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201401112 <br /> provided for in this Deed of Trust shall be effective upon mailing in the manner designated herein If Trustor is <br /> more than one person,notice sent to the address set forth above shall be notice to all such pezsons. <br /> (fl Inspection_ Lender may make or cause to be made reasonable enhies upon and inspections of the Property, <br /> provided that Lender sha11 give Tnzstor notice prior to any such inspection specifying reasonable cause therefor <br /> related to Lender's interest in tbe Property_ <br /> (g) Reconveyance_ Upon payment of all sums secured by this Deed of Trust;Lender shall request Trustee to <br /> reconvey the Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by tlus <br /> Deed of Trusf to Trustee. Trustee shall reconvey the Propert�,without warranty an.d without charge to the person or <br /> persons Iegally entitled thereto_ Trustor shall pay all costs of recordation,if any. <br /> (h) Personal Property;Security Agreement. As additional security for tfie paym.ent of the Note,Trustor hereby <br /> grants Lender under the Nebraska Uniform Commercial Code a security interest in all fixtures,equipment,and other <br /> personal property used in connection with the real estate or innprovements located thereon,and not otherwise <br /> Agreement under said Code,and the Lender shall have all tl�.e rights and remedies of a secured parly under said <br /> Code.in addition to the rights and remedies created under and accorded the Lender pursuan.t to this Deed of Trust; <br /> provided that Lender's rights and remedies under this paragraph shall be cumulative with,and in no way a limitation <br /> on,Lender's rights and remedies under any other security agr.eement sign.ed by Borrower or Trustor. <br /> (i) Liens and Encuznbrances. Trustor hereby warrants and represents that there is no default under the provisions <br /> of any mortgage,deed of trust,lease or purchase contract descnbing all or any part of the Property,or other contrac�, <br /> instrument or agreement constituting a lien or encumbrance agairist all or auy part of the Property,(collectively, <br /> "Liens"),exisfing as of the date of this Deed of Trust,and that any and aIl existing Liens remain unmodified except <br /> as disclosed to Lender in'I'rustoz's written disclosure of liens and encumbrances provided for herein. Trustor shall <br /> timely perform all of Trustor's obligations,covenants,representations and waxranties under any and all e�sting or <br /> future Liens,shall promptty foxward to Lender copies of all r�otices of default sent in connection with any and a11 <br /> existing or fizture Liens,and shall not without Lender's prior written consent in any manner mod"zfy tb.e provisions of <br /> or allow ariy future advances under any existing ar fiiture liens. <br /> �� Application of Payments. Unless otherwise required by law,sums paid to Lender hereunder,includittg without <br /> limitation payments of princi:pal and interest,insurance proceeds,condemnat.ion proceeds and rents and profits,shall <br /> be applied by Lender to the amounts due and owing from Trustor and Borrower in such ordez as Lender in its sole <br /> discretian deexns desirable_ <br /> (k) SeverabiIity_ If any pxovision of this Deed of Trust conflicfs with applicable law or is declared invalid or <br /> otherwise unenforceable,such conflict or invalidity sha11 not affect the other provisions of tTus Deed of Trust or the <br /> Note which can be given effect withont the conflicting provision,and to this end the provisions of this Deed of Tnzst <br /> and the Note are declared to be severable_ <br /> (1) Ternns_ The terms"Trustor"and`Borrower"shall mclude both singular and plural,and when the Trustor and <br /> Bo�ower are the same person(s),those terms as used in this Deed of Trust sha11 be interchangeable. <br /> (m) Governing Law. This Deed of Trust sha11 be governed by the laws of the State of Nebraska. <br /> Trustor has executed � Dee Trust as of the date written above. <br /> T�t G L. Piersol Trustor <br /> Tm.stor. Trustor <br /> STATE OF NEBRASKA <br /> COUNTY OF L'�t��r1-�L�3 <br /> The foregoing Deed of Trust was acknowledged before me t�is�da.y of ���3 f.�.t � 2014 <br /> by Gary L. Piersol, a single person <br /> �,�j� q►� Notary Pu lic <br /> WWIELA.PERSSt)Pi <br /> lit�t�Omm.Exp•A�it 28.20tt <br /> STATF nF NF:RR A SK A <br />
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