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<br /> t8. 5�11:soliar�ooua Piavl�ions.
<br /> � (a) Borrower�Vot Rtlsased.Extension o1 the t�me for payment or modiiicAt�an ot Amortization of the sums secu�ed by this
<br /> Deed ot Trust granted by Lender ta any successor in interest ot Borrower shall not operata t0 releaee.In any manner,the Ilability
<br /> oltheoreginal Borrower and Botrower's successors�n interest.Lender shptl not be required to commence proceedings agalnst
<br /> such aucce�sor ar retuse to extend time tor payment or otherwise modity amortization o11he sums secured by this Oeed of Trust
<br /> by reason of any demands made by the origlnal Bo►rawe�and 8orrower's successors in interes�
<br /> ib) Z�ndai'a �ow�r.. tiYiii�uut aiiecting ihe iiability oi any other person �iabte for tne payment o1 any obugation herein
<br /> • mentioned,and without aHecting the lien or charge of this Deed of Trust upon any portion o1 the Property not then or theretotore
<br /> released as security for the(ull amount o}al I unpeid obligations,Lender may,from time to time and wlthout notice(i)release any
<br /> person so Uable,(ii)extend the maturity or alter any of the terms of any such obUgations,(iii)grant other indulgences,(iv)release
<br /> or reco�vey,or cause to be released or reconveyed at any time at Lende�s option any parcel, pprtion ar all of the Property,
<br /> �v)take or release any other or additianal security tor any obligation herein mentioned,or (vi) make compositions or other
<br /> arrangements with debtors in relation thereto.
<br /> (c) FoHs��rs�cs by Lendtr Not a Waiver.Any forbearance by Lender in exerclsing any right or remedy hereunder,or
<br /> othe�wise afforded by applicable law, shall not be a waiver of or preclude the exercise ot any such right or remedy. The
<br /> p�oc urement ot insura�ce or the payment o}taxes or other I�ens or charges by lender shall not be a waiver of Lender's right to
<br /> acceierate the maturiry ot the indebte�ness secured by this Deed ot Trust.
<br /> (d) Succeuoa and A��lpns Bound;Joint and Several Uablliiy;Captions.The covenants and agreements herein con-
<br /> tained shall bind, and the rights hereunder shall inure to,the respective successors and assigns of Lender and Trustor.All
<br /> covenants and agreements oi Trustor shall bo joint and several The captions and headings o1 the paragraphs of this Oeed of
<br /> Trust are tor convenience only and are not ta be used to interprat or delme the provisions hereof.
<br /> (e) qpuat tor Notice�.Tha part�es hereby request that a copy of any notice o1 delault hereunder and a copy o1 any notice
<br /> of sale hereunder be mailed to each party to this Deed of Trust at the address set tonh above �n the manner prescribed by
<br /> applicable law.Except lor any other notice required under appl�cabte law to be given in another manner,any notice provided
<br /> for in this Oeed of Trust shall be given by mailmg suCh not�ce by certi�ied mail addrassed to the other part�es,at the eddre3s set
<br /> torth above. Any not�ce p�ov�ded tor m this Deed o}Trust shall be etfect�ve upon mailing in the manner designated herein. 11
<br /> Trustor is more than one person, not�ce sent to 1he address set torih above shall bo not�ce to all such persons.
<br /> (q In�p�ctlo�.lende�may meke or cause to be made reasonable entnes upon and inspect�ons of the property,providetd
<br /> that Lender shall gwe Tru9t0► not�Ce pnor to any suCh �nspeCtion speCity�ng reasonabte cause therefor related to lender's
<br /> interest in the Property.
<br /> (g) R�conwylne�.Upon payment of all sums secured by th�s Deed ot Trust,Lender shall request Trustee to reconvey th�
<br /> Properly and shall surrender this aeed ol Trust and all notes ev�denci�g�ndebtedness secured by this Deed of Trust to Trustee.
<br /> Trustea shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto.
<br /> Trustor shall pay all costs o1 recordation,it any.
<br /> (h) Personal PropMy;Secu►11y A9reemenl. As additional secur�ty for the payment of the Note, Trustor hereby grants
<br /> Lender under the Nebraska Unitorm Commercial Code a securiry interest in all fixtures,equipment,and other personal properry ;
<br /> used in connection with the real estate or improveme�ts located thereon,and not otherwise declared or deomed to be a part o! . •
<br /> the real @State secured hereby.This instrument shall be r.�nctn�w�i ac a So���{}t�Agr??inen+,e.snd�r�,.�i�±�o�s,sn�!hs l.�:���: - -
<br /> shal! have all the rights and remedies o!a secured party under sald Code in addition to the rights and remedies created under
<br /> and accorded the Lender pursuant to this Deed oi Trust;provided that Lender's rights and remedies under this paragraph shall �
<br /> be cumutative with,and in no way a limitation on,Lender's rights and remedies under any other security agreement signed by ;•
<br /> BOrrower or Trustor.
<br /> (i) Liens and Encumbrances.Trustor hereby warrants and represents that there is no defautt under the provisions ot any �
<br /> mortgage,deed of trust,lease or purchase contract describing all or any part of the Property,or other contract.instrument or • .�;
<br /> agreement constituting a lien or encumbrance against all or any part pt the Property(collectively."Liens"),exisling as ot the ;•
<br /> date ot this Oeed af Trust, and that any and atl existing Liens remam unmod�fied except as disclosed to Lender in T�ustor's �
<br /> written disctosure ot liens and encumbrances provided for herein. Trustor shall timely perform alI of Trustors obligations,
<br /> covenants,representations and warranties under any and all exisiting and future Liens,shall promptly forward to Lender copies �
<br /> oi all notices o1 detault sent in connection with any and aIl existing or future Liens,and shall not without Lender's prior written ;
<br /> consent in any manner modity the provisions of or allow any future advances under any existing or future Liens.
<br /> (j) Application o1 Payments.Unless otherwise required by law,sums paid to Lender hereunder,including without limltation J �;,
<br /> payments of principal and interest,insurance proceeds,condemnation proceeds and rents and profits, shall be applied by =��
<br /> Lenderto the amounts due and owing from Trustor and Borrower m such order as Lender in its sole discretion deems desirable.
<br /> (k)Savsrabltity.If any provision of this Deed of Trust conflicts with appl�cable law or is declared invalid or otherwise ;;�
<br /> unenforceabte,such coniliCt or invalidity shall not aHect the other provisons of this Deed of Trust os the Note which can be •e
<br /> given eftect without the conflicting provision,and to this end the provis�ons ot this Deed of Trust and the Note are declared to be
<br /> severable.
<br /> (I) Terms.The terms"Trustor"and"Borrower"shall include both singular and plural,and when the Trustor and Borrower �
<br /> are the same person(s),those terms as used in this Deed of Trust shall be interchangeable.
<br />. (m)Oovernln� Law.This Deed of Trust shall be governed by the laws of the State of Nebraska.
<br /> Trustor has executed this Deed ot Trust as of the date written above.
<br /> (Ramon Zubia� Trustor
<br /> ��it� ���� ���
<br /> (Emma I rene Zubia) Tr tor
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<br /> � ��t
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