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201504441 <br /> (7) Borrower sha11 not cause or permit to exist as a result of any intentional or <br /> unintentional action or omissiorn on its part or for which it is responsible under applicable <br /> Environmental Laws a Release of any Contaminant unless and to the extent such Release is <br /> made pursuant to and in compli�nce with the conditions of a permit issued by all appropriate <br /> federal and/or state governmenta.� authorities. <br /> (8) In the event of any Release of a Contaminant onto the Real Property or onto <br /> any other property owned,occupied or leased by Borrower or for which Borrower is otherwise <br /> responsible under applicable Environmental Laws, it shall promptly notify Lender and <br /> remediate such Release in a�cordance with all Environmental Laws of appropriate <br /> governmental entities and authorities having jurisdiction. <br /> 23. REMEDIES CUMiJLATIVE. Each remedy herein provided shall not be exclusive of any <br /> other remedy herein or now or hereafter e�sting by law, and may be exercised concurrently, independently or <br /> successively in any order whatsoever. Every power or remedy hereby given to Borrower or to Lender, or to <br /> which either of them may be otherwise entitled, may be exercised from time to time and as o$en as may be <br /> deemed expedient by them, and either of them may pursue inconsistent remedies. If Lender holds any <br /> additional securiry for any obligation secured hereby,Lender may enforce the sale thereof, at Lender's option, <br /> either before, contemporaneously with, or after the sale is made hereunder, and on any uncured default of <br /> Borrower, Lender may, at its option, offset against any indebtedness owed hereunder to it by Borrower the <br /> whole or any part of any indebtedness owing by it to Borrower, and the Lender is hereby authorized and <br /> empowered at its option,without any further obligation to do, and without affecting the obligations hereof, to <br /> apply towards the payment of any indebtedness secured hereby of the Borrower to the Lender, any and all <br /> sums of money belonging to Borrower which the Lender may have in its possession or under its control, <br /> including,without limiting the generality of the i�oregoing,any unapplied Funds held by Lender. No offset by <br /> Lender hereunder shall relieve Borrower from paying installments on the obligation secured hereby as they <br /> become due. <br /> 24. NOTICE. Except for any notice required under applicable law to be given in another manner, <br /> all noticcs and other communications required or permitted under this Instrument shall be in writing and shall <br /> be personally delivered or sent by registered or certified mail, return receipt requested, or sent by overnight <br /> courier service, and; if mailed, shall be deemed received on the earlier of the day on which such notice is <br /> actually received by the party to whom it is addressed or the third business day after deposit in the mail in the <br /> continental United States,postage prepaid, addressed to the party to receive such notice at the address set forth <br /> below, and if sent by overnight courier shall be deemed received on the day on which such notice is actually <br /> received by the pariy to whom it is addressed or the date delivery is refused, either as indicated in the records <br /> of such courier service. Notice of change of address shall be given by written notice in the manner set forth in <br /> this paragraph. <br /> Notice to Borrower shall be addressed to: Ra�nond& Susan A�uilar and William Lawrence <br /> 19 Kuester Lake <br /> Grand Island.NE 68801 <br /> Notice to Lender sha11 be addressed to: Five Points Bank <br /> 2015 N Broadwell <br /> Grand Island,NE 68801 <br /> 25. SUCCESSORS AND ASSIGTTS BOUND;AG�NTS. The covcnants and agreements herein <br /> contained shall bind, and the rights hereunder shall inure to, the respective suecessors and assigns of Lender <br /> and Borrower, subject to the provisions of this Instrument. In exercising any rights hereunder or taking any <br /> actions provided for herein, Lender may act ithrough its employees, agents or independent contractors as <br /> authorized by Lender. <br /> 26. GOVERNING LAW. This Instrument is made pursuant to and shall be construed and <br /> governed by the laws of the United States and the rules and regulations promulgated fliereunder, and, to the <br /> extent the laws of a state are applicable(includimg laws rcgarding usury),by the laws of the State in which this <br /> Instruinent is recorded and the rules and regulations promulgated thereunder. <br /> 27. laECONVEYANCE OR RELEASE. The Trustee named in this Instrument or any successor <br /> Trustee thereunder,may charge such fees for each full or partial reconveyance or release of this Instrument as <br /> Trustees then customarily charge for such services,and as are authorized or not prohibited by applicable law. <br /> 28. SUBSTITUTION OF TRUSTEE. Lender may, from time to time,by instrument in writing <br /> substitute a successor or successors to any Trustee named herein or acting hereunder, which instrument <br /> 14 <br />