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<br /> � � . � RE-RfCORt)ED
<br /> ' -' 98-- 101673 - _ .
<br /> ` ` , " � . � . gp--p 100653 ,
<br /> � . . ,6. M�i(an�o�P�+,f�ions. .,
<br /> (a) Borrorr�r Not RN�astd.Extension of the time far payment or mod�fication at araortization of the Sums secured by this
<br /> Qeed ot T►ust granl3ed by Lender to any successor tn interest ot 8orrower shall noi operate to retesse,in any manner.tha liabitity
<br /> ' - ot the odqinat BoROwer and 8orrower's successnrs ln ini�rest.Lender shall not 6e required to commence prnceedings against
<br /> �� sucb successor ot refuse t�extend time for�ayment or aMerwise modity$mortization ot the sums secured by thfs Deed otTrust , �
<br /> � by re8son of any demands made by the original Borrower and BorrowBr's suCCessors in interest ,
<br /> `' (b) Lsnd�r's Pow�ra.Without aftecting the tiahility of any other persort tiab[e tor the payment ot any obtigation herein .
<br /> mtr►tioned,and without aftecting tha tien or charge ot tt�is Oeed of Trust upon any�o►tion of the Rroperry noithen ortheretofore
<br /> . tel�esed as securtry for the fuli amount oi all unpaid obligatians.Lender may,irom time to time ar�d without notice(i�release arty
<br /> perscn so fiabte,(ii)extend the maturiry or atter any ot the terms ot any such obligations.(ii�grant other indutgences,(iv)release . ,
<br /> pr�@Camrey.or cause to be released or reconveyed at any ttme at Lenders opt�on any parcei.poraon or a!1 ot the PropBRy. . _
<br /> _ 3 (v)take��•retease any other or addittanat securiry tor any ob1[gatfon herein men�a��esJ,ar(vi)make composittons or other '
<br /> 8�rdng�crents with debtors in relation thereto.
<br /> f (c� Eorb�anne�by t�ndK Not a Watv�r.Any forbearance by lender in-exercising any right or�emedy hereundEi,�=;,
<br /> otliemise afforded by appticabfe taw,shall not be a waiver ot or prectude the.exercise of any sucb righ!or,remedy.T3;�_°�`�
<br /> proaure��ent of insur�nce or Me payment of taxes ar other tiens ar charges by lertder shatl not Oe a u��i*rer af.Cende�'s rigt`it� "
<br /> aec���*.e the maturity d}the indebtedness secured by this Deed of Trust . •- . .
<br /> (� Suec�ssors and�stiqns Bound;Jo1nt and Sav�n!Liability;Csptions.7'he covenants ancf agree::a*'.�.5�°cetn con- ' - . - _
<br /> : tainect shall bind,and tl►e ri9hts.hereunder shall inure to,the respective successars ared assigos of tendef a:�T-�:rtur.A!1„
<br /> covenants artd ag:�:-snts o#�r�stnr shalF be joint and several.The czw�ons and h�aadings of the paragraphs�i��#2�t c��
<br /> Trust are for convan�nCe ortt�r an�are noi to be used to i�terpret or d�"ine the provisions hereot � • . ��• "
<br /> (e) R�qwstfarNotic�s.Ti�e�arties hereby request that a copy of a^�u ii3:ice ot defauit hereunder and a cop�:ot a::y cr3��: •
<br /> of sate hereunder ba maifed ta each party to this Oeed of Trust at the ada:ess set f9Rh above in the manne�pr,as�r���:. . ,
<br /> applicable law.Excepi for any other notice required under applicabte la�cr ta @�given in anottter manner.any nohoe proui�ed•
<br /> . ..._ for in tt►is Oeed of Trust shati be given by mailing such nottce by certified rr.�i{.add:esseci to tha other parties.at tt€�a�:�'"esssE}; �,
<br /> • ' ' torth above.Any notice provided for in this Deed of Trust shall be ef!eetive upon mailing in the manner designafet!haei�=.��f
<br /> . Tn�stor is more than one person,notice sent to the address set torttti a�LVe shaU be natice to all such persorts.
<br /> ' {� Insp�ction.Lender may rnake or cause to be made�easonabte eni�ies upon artd inspections ot the Proaerty,provi�ec!�
<br /> that lender shalt give Trustor ns�ce prior to any such i��ection specitying reasonable cause theretor reta`�t�Lenders
<br /> : interest io the Property. . • . � ' ' • .
<br /> � (�j R�conr�yanc�.Upon Fayment ot all sums secureo by this Qeett of Trust,Lender shaU req�est Trustee to ieCOnvey ffi��
<br /> Prapetty and shali 5:�rertder this Deed oi Trust and all notes evidencing irr.�ebtedness secured by tfi�is Reed of Trust to Trustee_�:� . ;
<br /> I Trustee shaii rec�c?ve�the Property without warranty artd without c`�rge to the person or persons legalty entitted thet8f��' . •
<br /> � Trusto=ahait pay�14 casts af rerr�rdation.if any. . � �_ ,
<br /> (h� Pswonst R�operty;S�curity A�re�m�n�As add:`.:�anal security tor the p�,;r,ent of 4he Note.Trusto�:heteby gra;^.�,. . _
<br /> Lender under the Nebraska Unitorm Commercial Code a securiry interest in all Tixtu�2s.�equipmern,and other pessenal pro�e�j', �
<br /> used in conneetion with the real estate or improvements►ocated thereon,and�at othecwise de�fa:sd or deemed to be a p2rfet �
<br /> � the rea!estate secured hereby_This instrument shall be construed as a Security Agreement uncer said Code.and the Lender '
<br /> ' shail have aJl the rights and remedies of a secured party under said Code in addition to the rights and remedies created under .
<br /> and accorded the Lender pu�suant to this Deed e1 Trust provided that Lender's rights and remedies under this p2�ragraph shall ,
<br /> be cumulative with.and in rto way a limitation on,Lender's rtghts and remedias under any other securiry agree7r:g�i signed by "
<br /> Borrowe►or 7rustor. • -
<br /> �i) Lftns and Eecumbrartc�s.Trustor hereby warrants and represents that there is no delault under the pravisia.^.s of any •
<br /> ' mortgage,deed of trust,lease or purchase contract describing all or any part of the Property.or other contract,irstrur;cr�!Cr —
<br /> agreement Constitutirtg a lien or encumbrance against all or any part ot the Property(collectively."Liens"),exss:ir.g as Cf!�s3 � �
<br /> date of thls Qeed of Trust,and that any and all existing L,ens remain unmodifted except as discfosed to Ler��r in Trustar's ,
<br /> � written dtsciosura of liens and encumbrances provided`ar hereln.Trustor shati timety perform all of Trust�e�`s obligations.
<br /> covenants,representations and warranties under any and all exisiting and future Liens,sha�l promptty iorwardto Lender capies t.
<br /> ot all notices ot detault sent in connection with any end all existing or tutuie Liens;and shall not without Lender's prior wri�-� �
<br /> � Consent fn any manner modity the proviaions ot or attow any future advances under any existing or future Liens. ��` ,
<br /> �) Applleation ot Paym�nts.Unfes�otherwise required by law,sums paid to Lender hereunder,including without limitar.qn ;...
<br /> payments of p►incipal and interest,insurance proceeds,condemnation proceeds and rents and protits,shail be applled by .
<br /> Lender to the amounts due and owing from T�ustor and Bor�ower in such orAer as Lender in its sole discretion deems desirable. "
<br /> (k) 9w�nbillty If any provi9ion ot tMS Deed of Trust confticts w�'h applicable law or is declared invalid or otherwi,� I.�.,.
<br /> unenforceabte,such conflict or invafidiry sha11 not aftect the other prc.��ons of this Oeed ot Trust or the Note which c2n;�,�. � �
<br /> given ettect wlthout the contliCting provision,and to this end the prov�s:o�ss ot this Deed of Trust and the Note are deCtared to ire '
<br /> severable. . . ' , �
<br /> (Ij Tirms.The terms"T�ust�r"and"BoirOwer"shall include both smgutar and plural,and when the Yrustor and Botrower
<br /> are the same person(s),those terma as used in this Qeed o}Trust sha;t be interchangeabte. '
<br /> � (m) Gav�rnlnp Lsw.This Deed ot Trust shafl be governed by th�t a of the State o1 Nebras3ca.
<br /> Trustor has exeCUted this Deed ol7rust as of the date written 8bove.i
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