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<br /> 90--- ip2�28
<br /> 16. Mi�cMlan�ou�ProvMioe�.
<br /> � (�) SqrrowK Not ll�d.Extanslon o1 the tlme tor payment or moditication o1 amoRiiation of the sums a�cured by Mis
<br /> Do�d of Trust pr�nhd by l.snder to any�uccessor in Intersst ot Borrowar shell not operate to�eleass,in eny m�nnK,M�Il�bitYty
<br /> ct!M orl�inal Sonovrrar antl Borrowar'S 6uLC8350rb In int8re3t.Lender shall nAf De raqulrar!to Commence prts��id�f'►pi aQilnllt
<br /> : tucA�uccassor�retus�ta eztand time tor paymant or otharwiaa modity amort�:atian a!t�a euma secured by th►�D�W o!Truat
<br /> py repspn pf�ny damanda m�tdp ay the original Borro�ver and Borrower's successara in intereat
<br /> (b) L�Nr'�Pow�n. Without aHecNnp the liabilit�of any other peroon Ilable tor the payment of any oDlipatfon haretn
<br /> mendoned.artd wlMout sRecltnp the lien or charQe ot thia Dead ot Truat upon any{wrtion oi 1he Rroperry��ot t�en or lheretofors
<br /> , refa�sd as securiy tor ths futl amou�t of all unpa�d obll�ations,Lender may,f�om timato time and without notica(f)releass any
<br /> ; pmreon ao Uabl�,(il)extend ths maturiry or alter any of the terms of any aucn obiipa;iona,(Ui)yrant oMer Indut�e�ces,(iv)�eteaae
<br /> or recorevsy,o�causs to bs reteesed or�econvayed at eny time at Lendar's option eny paresl,portion or all ol the P�operty,
<br /> j (v) Glk��r �sleass any other or edditional securiy tor eny oblipation herei� me�tiened, or(vi) maks compo�itlon�o�othet
<br /> , ,.j RrrBriqem�nts wiM dsbtors in relation the►eto.
<br /> (cy Fab�arsnc��y L�nd�►Not a WalvK.Any fo►bearance by�ender in exe�cisinp any►ight or remedy hereu�der,or
<br /> ; pthenvise aftorded by appUCAbte law.ahall �ot ba a waiver ot or prectude the exercise ol any such riyht or remedy.The
<br /> � proCUrems�t of i�surancs or the payment of taxes or other Ue�S o�charges by Le�der shall�ot be a weivet of Lender's ri�ht to
<br /> eccpler�M ths maturity ol!he lndsbtedness secured by this Oeed of Trua�
<br /> ; (d) iueeM�on aed As�ipm Oound;Jolnt and S�wal LiabNity;CspHoe�.The covenants and a�reeme�b herein con-
<br /> � teined�h�ll bind,and Me �iphts hereunder sha11 inuro io,the respective successor�nnd asaiyns of Lender and T�uaror.All
<br /> covenanta and agreements ot Trustor shall be joint and several.The captions and headings ot the paragraphs of thia Oeetf of
<br /> ; Truatare fo�convertience only and are not to'be used to tnterpret or detine the provi�ions herevf. '
<br /> (e) R�quMt for Notic�s.The panies hereby request that a copy ot any notice of ddtauit hereunder and a copy of any notica
<br /> ot a�ls hereunder bs mailed to each paity to thia Oeed of Truet at the address set fnrth above in the manner preacribed by
<br /> �pllCabis�aw.Except for any other notice r�quired u�der apptiCabte law to be given in enother manner,any notice provided
<br /> , , � � for intAis Qesd of 1'rust ahall be giv�n by mafling such notice by certified mai!addressed to the other paRies,at the address aat
<br /> ' lorth ebOVe.llny nQtiCe provldeG tpr 1n this Qeed o1 T�ust shall be eftective upon msiling in the manner dasiynnted herein. If
<br /> ; TruatOr i�more than one person,notiCe sent to the address set forth ak:ove shall�e notice to all such peraona
<br /> @ 1�qp�cNon,Lender may make or cause to be made reasonable e�Yrles upon and inspections of the P�ope►4y,provided
<br /> � that Le+�der aha�ll yive Trustor�otice pnor to any such inspection specifying rea5cnabte cause therefor related to Lender'a
<br /> Interost In the Property.
<br /> , (p) q�cnev�yane�.Upon payment of all sums secured by th�s Deed ot Trust,Lender ahall request Trustee 4o reconvey the
<br /> Proplrty An�sha�FStcrrender this Qeed of Tru6i end all notes evidencirtg indebtedness secured b�this Deed of Trust to Trustee• �
<br /> T�r,��1e shsll reconvey the Property withaut warranty and without ch�rge to the person or person9 Iegally entitled theretv.
<br /> TruSt�s shall pey 811 COSt9 01 reCGrddilon,if any.
<br /> �fi} PKaonal P�opKty;S�cucit�►A��Nm�t�t.As additional security tor the payrnent o1 the Note,Trustor hereby yts�b
<br /> I.ender under the Nebraska Unitorm Commercial Code a secu►ity mterest in all fixtures.equipment,and other personal property '
<br /> used ln connectton wlth the real estate or�mprovements iocated tnereon,an�not vti�n:wisa aacia�eci or deemed iv�n yur i ut -�—k
<br /> fhe real ettate secured hereby.This i�st►ument shaU be construed as a Securiry Agreement unde�said Code.and the Lender ;,y�--
<br /> shall have mll the riphta and remedies of a secured party under said Code in add�UOn to the nghts and remediescreated under �—
<br /> J I�Jk.. J.. I�....i.��r�..�1....�....:J...+M...��....A.���.. ' J:........A.. L.:... ♦�I� - . - .
<br /> -- a�..,a�����,���di.a���d;N�rs�ari��t��s..�,.,. ��ua�.V.v�ww�na«c��ua� aiiyi�iauilvTo�ni'vbv�oav��uaiin�a�'r'aro�idjiiiS��sa�
<br /> 't be cumulative with,and in no way a limitation on,Lend�r's nghts and remedies under any other secunry agreement sig�ed by —
<br /> 8orrower or Trustor.
<br /> (i) I.Nns and EnCUmbancN.Trustor hereby warrants and repreaen's that there�s no default under the provisions of any �
<br /> . mortpays,deed of trust,lease or purchase contract descnb�ng al►or any part o}the Property,or cther contract,instrument cr '�
<br /> � eg�eer�ent con�tituting a lien or encumbrance against all or any part of the Property(collectivety."Liens"),exi�tin9 as of the -
<br /> i date oi thls Deed oi Trus1, and that any and all existmg Leens remain unmoddied except as dlsctosed to Lender in Trustor'a
<br /> written disCtO�ure of tiens and encumbrances providett For herem Trustor shafl t�mely perlorm all 01 Trustar's obligations.
<br /> covenanb,representations and wa�ranties unde�any and all ex�s�t�ng and fulure L�ens,shall promptly forward to lender co�ies
<br /> of all natices of default sent in con�ection w�4h any and all ex�st�ng oi iuture Liens.and shall not w�thout Lender's prior wntten
<br /> conseM in any manner modity the prowsions of or allow any tuture advances under any ex�st�ng pr tuture Liens.
<br /> Q) Applkaflor►o1 Paynwnb.Unless otherw�se reqwred by law,sums pa�d to Lender hereunder,mcluding without limitat�on
<br /> payments of principal and interes�inautance proceeds,condemnat�on proceeds and rents and prof�ts.shall De appl�ed by ,
<br /> � Lender to the amounts due and owing from Trustor and Borrower�n such order as Lender�n�ts sole d�scretion deems Cesvable. ,,,,,;
<br /> (k) S�rKabNllY. It any provision of th�s O�ed ot Trust conii�cts vc�tn appl,cabte law or �s declared invalid or otherv�rse °
<br /> unenlorceable,such conllict or�nvalidiry shall not aNect the other prov�sons of th�s Deed ot Trust or the Note which cart be ��
<br /> given eitect withaut the cor�fllcting prov�siort,and to th�s end the prov�s�ons o}th�s Deed of Trust and the Note are declared to be
<br /> severable. .
<br /> (ly TNms.The terms"Trustor"and"Borrower"shall mclude b�th smgular and plura4,and when the Trustor end Borrower
<br /> ars the same person(s),those terms as useQ m t��s Deed ot Trust shall be�nterchangeabie �
<br /> �m} Go�r�mMy Law.This Deed of Trusi shall be governed by the Iaws nf the State of Nebraska
<br /> � Trustor hes executed this Deed G}Trus!es ot the date writt9n above.
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<br /> : Lec. A. L1 dattt� . Trustor Huaband}
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<br /> ' (Deta F. Li t�hl� TrusPOr Wife)
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