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<br /> � t 8. MNall�nwue ProvMion�.
<br /> �a) /orroyr�Mpt 11r1�N�d.Extsnsiun of the t(me tor payment or moditication ot amortization ot the eumf sacured by Mi•
<br /> Dad at T�uetQrant�d bp 4ender to any�uccossor in interes:ol Borrowa►ehetl not operate ta reteasa,in rny m�nner,tt��Ii�bllfry
<br /> otfh�or{�irt�I 8orrower�nd Borrowsr'�sucaisors in inteiaat.Lender ahall not he roqulrad to Commence proCeedinys a�xinst
<br /> � 3ueh�ucca�sor of�siuss to�xtsnd Hme tor paymeat a att�arwise madiy amoNzeidon af the suma secured by tht�Deed af Trust
<br /> by r�a�on of any d�msnds made Dy Me oriQlnal Borrower and Borrower's succeesors In Interasl.
<br /> (p) L�'�Yow�ri• Without sHectinp the IiabiUty of any othsr person Ilable for the pAyment of any obll�ation herain
<br /> mentioned,itnd without aHeCtinp the ilen or charye of thi�Oeed of Trust upon any p9rtio�ot the Properry not then or the�etofo�e
<br /> , releaeed sa�ecurity tor the tutl amount o1 au unpald obugatlons,Lende►may.trom time to time and without notice(i)releaae any
<br /> ; �ao�so liabls,(ii)extend lhe maturity or aiter eny of the terma of any 3uch obligetions.��II)grant other indut�encea,(Iv)release
<br /> i pr reeonvey,or eauss ta be retsased ar�econveyad at any time at Lender's option a�y parcel,portion or atl of the Properry,
<br /> �v)tak�or relNi�s any other or 9dditlonat aecurity tor any o�U�ation herein mentlaned,or(vi)make composlttons Or osher
<br /> arran�srt�nb with debtoro In reletio�thereto.
<br /> (c) ForMaaec�by L�ndK Not�W�IvK. Any to�bearence by Lende� in exercisinp any ri�ht or remedy hereunde►,or
<br /> othsrwif� Rfiorded by appltc�bts tsw,�hall not be a waiver of or preclude the exercise of any auch ri�ht or remady.The
<br /> proCUr�nt oT infuranCS or th�payment ot taxes or othe�liena or char�ee by Lender shall not be a watver ot Lender's ripht to
<br /> ' acceseratb the maturlty at the indebtedneas�ecured by this Oeed of Trus�
<br /> �d� �ue�M�o�s�nd Au�m dound;Joint�nd 8w�p11.labNity;Capflon�.The covenants and agreeme�ts heroi�con-
<br /> tained ahail bind,�nd the rlphts hereunde�shall inure to,the respective succesaors and assigns of Lender and Trustor.AI1
<br /> � coven�nb and syraements of Trusto�shall De Joint and several.The captio��and headinps of the paraprapha ot thia Deed o1
<br /> T�ust are for canvenience only and a�e not to be used to interpret or detine the provisiona hereof.
<br /> � (e) Rpwst la NoMe��.The parciea hereby reque�t that a copy of any notice ot detauN hereunder and a copy ot eny notice
<br /> of aale hs►eundar he mailed to ea�e+RanY to fhis Deed of Trust at the address set torth above in the manner proscrlbed by
<br /> a�plicable law.Excepf for any oth�r notica�equlred under applicable law to be given in another manner,any�otice p�ovided
<br /> tor In this Deed ol Ttusf shell be��ven by mallirts such notice by certified ma�l addressed to the otha�parties,at the addreu ae4
<br /> forth above.Any notice p�ovided tor in this Oe�ed af Trust shall be effective upon mailing in the manner desiynated horein.N
<br /> ' Truator ie more than one person,notice sent to the addresa aet forth above shall be notice to all such persons.
<br /> (q Nrp�elbn.Lender mey meke or cauae to be made reasonal�le entrie�upon and i�spectio�s of the P�operty,provided
<br /> thal LeRder ehall�ive T�ustor �otice prior to any�uch Inapectian spec�tying reaaonable cause theret�r related to Len�er's
<br /> � �nterest�n Me Property.
<br /> (�) p�eoewyane�.Upon payment o!all aum�secured by thi�Deed of Trust,Lender shall reqaeet Trustee to reconvey the
<br /> � P�operty and ehell surrender th�a Oeed of Tru31 and all notes evtdencing�nclebtedness aecured by tnis Deed o1 Trust to Trustee. • ,
<br /> , Ttu�tOS�hail reconvey the Property without warranty and wrt�out char�e to the perso� ar person3 legally entitled thereta,, . .
<br /> , ; Tro�tor shall pay all costs ot recor0ation, it eny. � ;
<br /> (h) PMSOnaI PnfpMy;S�eurlf�l Aqrs�mMl. A!ad0it�onal secunty fo� the payment o1 the Note. Trustor hereby�rants
<br /> Lander urtdar the Neb�eska Uniform Commercial Code a secunty intereat in all fixturee,equipment,and other personal propeRy �.;��
<br /> � ua�i in con�ection wlth the real eatate or�mprovaments tocated tnereon,ana noi oinerwise uec.�a�aG ar dearrs�:��S�R3t!�! •�;;'�__`�
<br /> � the r��l est�te sscured hereby.This inatrument ehall be Con�trued as a Securiry Agreement under sa�d Code,and the Lender �r'�.-
<br /> � _ ahnl!havs al�the��ahts and remed�os ot a securod party unde�sa�d Code m addit:on fa tho nghts and�emedie�Created under
<br /> ' and accorded tl�e�ender pu►duant to this Oeed ol Trust:prOVlded lhet l@nQer`s nyhis and remeoies unoer mis parngr6pn anori
<br /> be cumuletive with,and in no wey e limitation on,Lendei s nghts and remed�ea under any other secunry asreement a�gned by
<br /> 8orrowe►or Trustor. �
<br /> (�) �N�1�and EnCUlnbnncM.T�ustor heretsy warrants and representa that there�s no default under the p�ovlaions o18ny
<br /> � mortqe�e,deed u1 trust,leese ot purChese i.on;ract desCnb�ng ail ot any part of the Ptoperty,or othe►conirect,instrument�r
<br /> • ' aqreement constitutmg a tian ar encumtrrance aQamst at►os any part of 2ne Property(col►ective�y."Lients"),existiny as o1 the
<br /> date ol this OeeO o1 Trust,and thaC any and aii ex�st�ng��e^s�ema�n u�mod�t�ed except as d�sciosed to lender�n Trustor's
<br /> written d�sclosure of tiens ertd encumbrances prov�ded f�r +�ere,n L�cs!or snaU t�mely perform aU of Trustor's obl�gatiorts.
<br /> Cove�anb.repreaerttations end warranbes under any and all exis�tmg ar�tuture L�ens,shall prom�tly lorward to Lender coRies :}
<br /> 01811 notices of detault sent in conneCtion w�th any and a11 ex�sting or f�i.:�e Liens,and shall noi wi"��ut Lender's prtor writ!en
<br /> consent in any manner modity the provrs�ons of or allow any futu►e aQvances under any ex�sting or tuture L�ens.
<br /> p) AppMcatbn M Payn�b.UnEess otherMr�se requ�red by law,sur�s pa�d to Lender hereunder,mclud�ng w►thout i�mitation �
<br /> paymonts of princ�pal and intera�t. �nsurancA proceeds.��ndemna'�or,procesds and rents and p►ol�t9,sha9t tr$appl�ed by
<br /> L@nder t�the emounts due 8nd owing irOm Trustor and Borrower�n sus"��sCe�as L�nder m ds sole d�scrstion deema desnable. 7.,�
<br /> (k) S�wrabRUY. It any prov���on ot th�s Qeed ot Trust confhcss w�tti appl�cable Iaw or �s decEared mvalid or otherwise �=
<br /> � unenfotceable,suC�contliCt or mvalidiry sha11 not attect t�e other provisons ot thre Osed ot trost or the Note which cen be � "�`
<br /> fliven efleCt without the contl�cUng provis�on,nnd to this encf the prowsions ot this Oeed o1 Trust and the Note ere declared to be � �
<br /> � seve�aa�e.
<br /> (1� TNRM.The terms"Trustor"and"Borr6wer"shall�nctude both singular and ptural,and when the Trustor and Borrower •
<br /> are the same pers�ar<<s1.those terms as useQ.�th�s Deed ot Trust sha'!be �nterchangedble
<br /> (m) GovNnln�Csw.This �eed o1 Trust ss�.all be gov$rned tiy Nte:aJ�vs of the State o1 N�braska.
<br /> Trustor haa executed th�s Deed af Trus1 as o!the 4'ate wr�tten atove • •-
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<br /> � Ricfiard A. Carnelius��ustor husband
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<br /> Bec3cy J. Cornelius— Trustor w�fe
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