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<br /> 16. Misc�Aanroui Provfsbm. •
<br /> � (a} Borrce�ves Npt R�NaNd.Extensio���2h9 tim9 fpr payment or modification of mmortizatian pf 4h8 sums s6CUrp��y,4ttis .
<br /> Deed of Trust granted by Vsnder to any s::.r✓�or°�p-�+�vest of Bar�ower shall rtot operate to reteaae,ln any manner,tflAt�pb1!ity
<br /> �" - cf ths crtgtnal eosray+rer and Borravirar's su:��t?T'�IF!tf{a8f83L L@R�}8t SA8!►3t���$p�(tU�t6�t8 Cfliiti'ii6fiC9(}i0C96�5t1�(Ti.��diif$4 '
<br /> such successoror refuse to extend tirr�fa:�ay,.�t�r,�tl�erwise modify amart�zgtlon ot the sums aecured by th(s Qea�rf.7tus1
<br /> by reason of any demands made ay�a oripiR�t Barrowar and Borrower's succe�sord in Interest
<br /> . (b) L.�n�r'a Pow�rs.iMthout af��Jr,�thg if�btliry cf any other peraon liabta tar the payment ot any obltgatian,��cr.�:�
<br /> mentiorted,and without aN�;ct3r.g ths lien or�hs*g�otth?s Qeed of Trust upon any poRior�o!the Propertyr not then orttteret0��rrp
<br /> • . rNeassd as security for th,�►u!�amot�ntof a�t ur,���r;�1:1�i�3!i0ns,Lender may.f�om time to time and without notice(f)reteasean�ti�
<br /> . � �srson so liabfe,(ii}e�d ttre ma!rarirj o�at�3�any.af t#��tevms of any such obtigations,(iii)grantother indulgences,(iv)release �� �
<br /> � . or reconvey.a�c�.���be released.yr ra�r.,yayed at any time at Lender's optfon eny parcel,partion ar aii ot Me Rroperty,
<br /> : (v)take o�r�`��sr z^y cther or a�diUr.���:seaurity for any ohligation herein mentioned,�r(vi}rt�ake compositians or cther "' • �
<br /> arrangemer`�.��±".���'�rs in relation ttt�:eto. � � "
<br /> S:�'. � (c) Fa��r�g��tndtr No1 s Wstv�r.Any torbearartce by Lender in exercising any right or remedy hereundet,or �
<br /> �`.'terwise aftardsd�c��pticabls law,sha�l rtot be a waivar ot or preclude the exerc�se of any such rtght o� remedy.7he ..
<br /> �:acurement et ir.su�a���arthe payment of taxes or other liens or charges by Lender ahatl n4t bss waiver of Lenaer's right to
<br /> . . axQterate th.e.:r�r•:ty�€!he indebtedness secured by this Deed ot Trusi. . .:
<br /> • � (d} Sacc�n�n�iltslpes Bound;Jotnt and S�veral Ltabtlity;CapUorti.The covenants and egreements hereln eon- � -. �
<br /> fained shalt b:nQ and�re raghts hereunder shall inure to,the respective successnrs and assigns of Lender and T.ustor.Aft �
<br /> ' �svsnants and agreemc�zt$^f Trustor shall be joint and severai.The captions and headin9s o1 the paragrephs ot thi�Deed of � .
<br /> . T��st are ta conveniert�e cnly and are not to be used to interpret or detine the provisions hereof. � �
<br /> (e) Rpu�stiar Nof�.The paRies hereby request that a copy ot any notice ot default hereunder a�d a copy ot any notice �
<br /> � of safe hereunder be mailed to each parry to this Deed of Trust at the address set forth above in the manner prescrlbed by
<br /> applicable law.Excep!for any other notice required undar appticabte law ta be given in another manner,any tsotice provlded ' ,
<br /> for in this Deed of Trust shali be givert by maiting stsch notiCe by certified mail addressed to the oiher paKies,et tRe Aefdress set �
<br /> " ,. forth a6ove.Any notice providBd far in this Deed of Trust shail be effective upan mailing in the manner deslgnated herein.If
<br /> Trustor is mare than one person,notice sent to the address set toRh abave shall be notice to all such persons. •
<br /> (� Intp�CU�on.Lertder may make or cause to 6e made reasonable entries upon and inspectiona of the Property,provids�
<br /> _ . that Lender s4��11 give Trustor nottce prior to any such inspection spe�ifying reasonable causa tharetar related to Lender's
<br /> � interest M the�OpeRy.
<br /> - (g) R�eonw�aaca.Elpon payment of all sums secured by this Deed of Trust Lender shall request Trustee to reconvey the . '
<br /> Property and st�a!�ss:rreadar this Deed of Trust and all rtotes evidencing indebtedness secured by this Oeed ot Trust to Trustee. �
<br /> , �e�usLee shall recam•2y tt�e?ropeRy without warranty and wlthout charge to the person or persons legal�y entitled thereto.
<br /> � Trustor shail pay ali cos�oi recoMation,if any. "
<br /> (h) P�nonal Prap�rty;Sacurity AQraement.As addittonai securiry tor the payment ot the Note,Trustor hereby grants ���� :
<br /> Lender under the Nebraska Uniform Commercial Code a security interest in a!I fixtures,equipment,and other parsonal proparty �:�: �'
<br /> used in connection with tt�e real e�tate or improvements located thereo�,and not otherwise daclared or deemed to be a part of ��`�'�•'-
<br /> the real estate secured hereby.This instrument sha(I be construed as a Securiry Agreement under said Code,and Ihe Lender �� �,��.':°
<br /> shall have ail the rtghts and remedies of a secured party under said Code in addition to the rights and remed�es created under �� -a:
<br /> - and accorded the Lender pursuant to this Deed ot Trust;provided that Lender's rights and remedies under this paragraph sfibll ' -
<br /> be cumu�ative with,and in no way a limitation on,Lertder's rlghts artd remedies undor any other security agreertient signed by
<br /> Borrower or Trustor. -
<br /> (i) LNns and Encumbranc�s.Trustor hereby warrants and represents that there is no delault undar the provielons of Any
<br /> � m�rtgage,deed of trus�ta:..�a or purchase contract describiny all or any part o}tho Properry,or other contract,instrument or :��—
<br /> ; � agreemeni constituting a::an or encumbrence against all or any part of the Property(coltectively,"Liens"),axlsting as of tho
<br /> date of this Deed of trust,and that any and all existing Llens remain unmodified excapt as d�sclosed to 4ender in Trustor's
<br /> wrltten disclosure of Uens and encurr,brances provided tor herein. Trustor shall timely perform all of Truato►'s obligation�,
<br /> , covenants,representatio�s and warranties under any and all exisiting artd tuture Liens,shall Rromplty forward to Lender copies
<br /> . of all notices oi default sar.!in connection wi7h any an�all existing or future Liens,and shall not without Lender's prior wririen t
<br /> consent in any manner m�G�fy the provisiona o1 or allow any future advances under any exiating pr futuro Liens. �
<br /> �) App(lcstlon of PAym�nb.Unle:�atherwise required by law,sums paid to Lender hereunder,lnCluding without limitation
<br /> payments ot Arincipal and inte�esf,in_�rance proceeds,condemnation proceeds and rents and profits,shall be epplted by . ' •
<br /> Lender to the amountsdueand owing from Trustor and Borrowei in such order as Lender In its solediscretion deems desirabte. ���
<br /> ' (k) Sw�sabAlty. If azy�rovision o}this Deed of Trust contlicts with applicable law or is dectared invalid or otherwiso ' ""�"
<br /> Lrantorceatr'2,such conF':�t or invalidiry shall not affect the other provisons of thls Deed of Trust or the Note whlch can bo ' �,
<br /> � �:�en eftect w;Lhout the c�^f'���;r�pr�vSsion,and'o ihis end the provisions of this Deed ot T►ust and the Note nre decl�red to bo �
<br /> — � severab'e.
<br /> (1� Ti�ms, ,4�e t9►ms"Trustor"8t�a"BGr�G�r�Br"shaU include both singutar and ptural,and when tho Trustor�nd Borrowar �
<br /> are the sa:^��e•�san(s),those terms as useQ��t this Deed ot Trust shall be interchangeabte.
<br /> (m) Gov�r:t:r,�Law. T�°•.�Oeed o}Trust shat�be governed b ws of tho ot Nebraska.
<br /> • Tru��as°has execu�es ihis O��:tt Jrust as of the date written ab e.
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<br /> �^t (Wi1.«,��.�� D. Sapp� Hus�an� (Robert I�. Pol c�, Trustor Huoband)
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<br /> ; (Luc 119 M. Sapp, Wi e ( ith K. Paland� Trustor Wife) .
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