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<br /> t 6. MI�cNla�aus Provlslons. gp ��o��.�
<br /> � (a) Qonow��Not RN����d.�xtanslon of fho time for payment or modifict►t�on ol amortization o}the suma secured by thia
<br /> Oeed of Tru�t pranted Dy Lender to any euccessor�n interest o1 Bot►ower shall not operate to relea�e,i�any manner.the Uablllty
<br /> ot tha aN�lnat ea���wa�a��v 8u�wwur'a�auccn�yorr�in intdrKS�i.Lendar�hi�H noi i�e raqui�ed to commence proceedmga againai
<br /> auch auccessor or reluse to extend time tar paymant ar otherwise modity amortizatlon ot the sume secured by this Qeed o1 T�ust
<br /> by reason ot any demands made by the original Borrower a�d Borrower's successors in i�terost.
<br /> (b) L�nd�r'� Pow�n. Without ettecting the I�ab�lity of any other person liable tor the payment of any obligation herein
<br /> mentioned,end without aitecti�g the lien or charge of this Qeed of Trust upon any portion of the Propertyr notthen or theretoto�e
<br /> released as seCUriry for the tull amount o1 all unpald obligatlons,Lender may,irom time to time and without notiCe(I)release a�y
<br /> person so Uable,(ii)extend the n»turity or alter any of the terms of any such obUgations,(iii)grant other indulgences.(iv)releaae
<br /> or reaonvey,or cause to be released or reconveyed at any time at Lender's option any parcel,pertion or all of the P�operty,
<br /> (v)take or retease any other or additional securiry for any obUgation heroin mentioned,or (vi) make compositlona or other
<br /> arrangements with debtors in relation thereto.
<br /> (c) Fo►b�aanc�by L�ndt►No1 a Waiv�►.Any iorbearance by Lender in exercising any right or remedy hereunder,or
<br /> otherwise atforded by appUcable law, shall not be a waiver of or prectude the exercise of any such right or remedy.The
<br /> procurement of insurance or the payment oi taxes or other liens or charges by Lender shall not be a walver oi Lender's rlght to
<br /> accelerate the maturiry of the indebtedness secu�ed by this Deed o1 Trust.
<br /> (d) Succ�uon and Msipns Bound;Joint and 9�v��a1 Liabiilty;Csptio�s.The covenants and agreements herein con-
<br /> tained shatl bind, and the rlghts hereunder shall inure to,the respective successors and assigns of Lender and Trustor.All
<br /> covenants and agreements o}Trustor shall be joint and several.The captlons a�d headings o1 the pa�agraphs o}this Deed ot
<br /> Trust are for convenie�ce only and a�e not to be used to interpret or define the provisions hereof.
<br /> (e) R�qu�si tor Notkes.The parties hereby►equest that a copy of any notice of detault hereunder and a copy o1 any notice
<br /> of sale hereunder he mailed to�ach party to this Oeed of Trust at the address set torth above in the manner prescribed by
<br /> applicable law.Except tor any other notice required under appUcable Iaw to be given in another man�er,any notice provided
<br /> for In this Deed of Trust shall be given by mailing such notice by certified mail addressed to the other parties,at the address set
<br /> � torth above.Any notice provlded for in this Oeed o1 Trust shall be eifective upon mailing in the manner designated herein. I1
<br /> � . Trustar is mare than ane person,notice sent to the address sei forth above shati be notice to afl such persons.
<br /> (� (esp�ction.Lender may make or cause to be made reasonable.entries upon and inspections of the Properry,provided
<br /> that Lender shall glve Trustor notice prlor to any such inspection specitying reasonable cause theretor related to Lende�'s
<br /> inter@st in the Procertv.
<br /> (g) Reconvsyance.Upon payment oi all sums secured by this Oeed of Trust,Lender shall request Trustee to reconvey the
<br /> Proporty and shall surrender this Oeed of Trust and all notes evidencing indebtedness secured by this Deed ot Truat to Trustee. ' '
<br /> T►ustee shall reconvey the Properly without warranty and without charge to the person or persons Iegaliy entitled thereto. �i
<br /> T�ustor shall pay ail costs of recordation, if any.
<br /> (h) Penonal �roperty;S�cu�lty AqrNment. As additional sacurity for the payment of the Note,Trustor hereby grants � "
<br /> Lvi�u6i U��u&i i,i6 Cv6�iiusRO i3i�ii'vii�i wi�ifii6rci8i Cvtitl a securiiy inieres�in aii lixiures,equipment,anCf Otner per5onai p�Operiy ��: ._•_
<br /> used in connectio�wfth the real estate or Improvements located thereon,and not otherwise declared or deemed to be a part o1 � -�?
<br /> the real estete secured hereby.This instrument shall be construed as a Security Agreement under said Code,and the tender . �
<br /> shall have ell the�ights and remedies of a secured parry under said Cade in addition to the rights and remedies created under ��� -
<br /> and accorded the Lender pursuant to thls Deed of Trust provided that Lender's rights and remedies under this paragraph shall
<br /> be cumulative with,and in no way a limitation on,Lender's rights and remedies under any other security agreement slgned by �.'�
<br /> Borrawer or Trustor. --
<br /> (i) Ue�s c�od Encumbranc�s.Trustor hereby warrents and represents that there is no defauit under the provisions of any '.
<br /> mortgage,deed oi trust,lease or purchase contract describing all or any part of the Property,or olher contract,Instrument or �"
<br /> agreement constituting a lien or encumbrance against all or any part of the Property(collectivety."Liens"),existing aa o1 the
<br /> date oi this Deed of Trust,and that any and all existing Liens remain unmodified except as disclosed to Lender in Trustor's
<br /> written disclosure ot liens and encumbrances provided for herein. Trustor shall timely perform all of Trustor's obligations,
<br /> covenants,representations and warranties under any and all exisiting and futu�e Liens,shall promptly forward to Lender copies
<br /> ' of all notices of default sent in connection with any and alI existing or future Liens,and shall not without Lender's prior written ��
<br /> consent in any manner modify the provisions o1 or allow any future advances under any existing or future Liens. � .
<br /> �) AppUcation of Paymenb.Unless otherwise required by law,sums paid to Lender hereunder,inctuding without limitation
<br /> payments of principaE and interest,insurance proceeds,condemnation proceeds and rents and profits,shall be applied by
<br /> Lender to the amounts due and owing from Trustor and Borrower in such order as Lender in its sole discretion deems desirabte. ��;,�
<br /> (k) S�v�rabllity. It any provision of this Deed of Trust conflicts with applicabte law or is declared invaSid or otherwise ��.
<br /> unentorceable,such conflict o�invalidity shall not attect the other provisons of this Deed oi Trust or the Note which can be ���±,-
<br /> given eflect without the contlicting provision,and to this end the provisions oi this Deed oi Trust and the Note are declared to be . �
<br /> severable.
<br /> (I) T�rms.The terms"Trustor"and"Borrower"shall include both singular and plural,and when the Trustor and Eorrower
<br /> are the same person(s),those terms as used in this Deed of Trust shall be interchangeable. -
<br /> (m) Gov�minq Law.This Deed of Trust shall be governed by the laws of t�e State ot Nebraska.
<br /> Trustor has executed this Deed ot Trust as�f the date written abovis_e-__� �EST INC.
<br /> (�A�I�F� '
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<br /> • . (Ern J. Thayer, Tru or ,� � dent)
<br /> Trustor
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