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<br /> 16. NIhc�ltaRwus P�ovirlom. JO��O���V
<br /> � (a) Sortow�r Not R�NsNd.Extension pf the time tor peyment or modifiCation ol emortlzatlon of the sums secured by thla
<br /> Deed ot T�uai�ranted by Lender to eny succe�sor in interest o1 Borrower ehall not operate to rele8sa,in any manner,the IiabiUty
<br /> of the otipl�al&tr�ower and 8arrower's suCCeasors In intare�t.Lender shall not be requlred ta commence proceedl��s ayalnst
<br /> aueh auct:essor or retuse to exteod time tor payment or otherw�ae moei�ry amoitizatlon ot the aume aecu�ed by t1�1a Oeed of Trus�
<br /> by reason o1 any demand�made by the oripinal Bc�rrower and Borrower'�successors in intereat.
<br /> (b) L�nd�r'� Powas.Without ettectinp the Iiahitity of any other pe►san liabla tor the peyment of any obligation hereln
<br /> mentioned,and without aftectin�the Nen or charge of this Deed ot Trust upon any poRion ot the PropeRy notthen orMeretotore
<br /> rete�tsed es secuNty tor the tutl amount of all unpatd abligatlons,Lenqer may,trom time to time a�d without notice(i)retease any
<br /> peraon so liabie,(ii)extend the maturiry or alter any o1 the terms af any such obtigatiana.(ill)grant other indulgences,(iv)rel5aae
<br /> or�econvey,or cause to be released or reconveyed at any time at Lender's optian any parcel,portion or ell ol the Praperty,
<br /> , (v)take or releaae any other or odditional securiry tor any obUgatlon he�ein mentioned, or (vi)make compoaitions or ot�er
<br /> . ar�an�eme�ta with debtors i�relation thereto.
<br /> (c) ForMaranc�by I.�ndK Not� W�iw�.Any forbearance by Lender in exercising any ri�ht or remedy hereunder, ar
<br /> ! otherwise allorded by appliaable law, shatl not be a waiver of or preclude the exerGise o1 any such right or remedy.The
<br /> procurement oi insurance o�the payment ot taxes or other I�ens or charges by Lender shall not be a waive�01 Lender's right to
<br /> accelerate the maturity o1 the Indebtedness secured by this Deed of Trust
<br /> � (d) SuccNSO��nd Asslpns Bound;Joi�t�nd S�v�ral Llabiqty:C�ptions.The covenants and agreements herein con-
<br /> tained shall bind,and the rlphts hereunder shall inurs to,the respective successors and assigns of Lender and Trustor.All
<br /> covenants and ap�eements of Trustor shall be joint and several.The captiona and headings oS the paragraphs of thia Deed at
<br /> Trust are to�convenience only and are not to be used to Interpret ur define the p�ovisions he�eot.
<br /> . (e) R�qwst for NodcN.The paRies hereby request that a copy ot any�otice of default hereunde►and a copy of any notice
<br /> oi�a�e hereunde�be maited to each parry to this Oeed ot Trust at the address set tarth abave in the manner prescribed by
<br /> appQcable law.Except for any other notice required under applicable law to be given in a�other manner,a�y notice provided
<br /> far in thia Oeed of T�ust shail be given by malUng such noNce by certilied mail addressed to the other parties,at the address set
<br /> torth above.Any notiCe provided tor in this Oeed o1 Trusl shall be ef(ective upon mailing In the manner designated herein.If
<br /> T�ustor is more than one person,notice sent to the address set tort�above shall be notice to all such persons.
<br /> (n Insp�cUa�.Lender may make or cause 4o be made reasonable entrles upo�and inspections of the Property,provided
<br /> that lender shall give Trustor notice prior to any such inspection specifying reasonable cause the►efor related to Lsndei''s
<br /> . interest in the Property.
<br /> (g) R�conv�Yane�.Upon payment of all sums secured by this Deed of Trust,Lender shall request Trustee to�econvey the
<br /> PropeRy and shall surrender this Deed of T�ust and all notes evldencing indebtedness secured b�this Deed of Trust to Trustes. �
<br /> • r T►ustee shall reconvey the �roperty without warranty and without charge to the person or persons legally entitled theceto. ,
<br /> Trustor shall pay all costs of recordation,i1 any.
<br /> (h) P�onal Prop�rt�r; S�curity AyrNm�n� As additional secunty for the payment of the Note,Trustor hereby grants
<br /> Lender under the IVebraska Unitorm Commercial Code a securiry interest i�all fixtures,equipment,and other personal praRerty 1 .,;._
<br /> � u�d trs cann�c!iort�ith the re21 eatate nr imnrovements located the�eon,and not otherwlse dectared or deemed to be a part of �- _
<br /> the real estate secured hereby.This Instrument shall be construed as a S6curity Agreement under said Code,and the Lender
<br /> _ , � shall have all the�ights and remedies ot a secured party under sald Code in addition to the rights and remedie9 created under �'
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<br /> artd accorded the Lender pursuant to this Deed ot Trust:provtded triat Len�er'S�igms an0 remeaies under inis pa�grap��nn8ii =
<br /> be cumulative with,and in no way a limitation on,Lender's rights and remedies unde�any other security agree:t►ent signed by
<br /> ' Borrower or Trustor. �--
<br /> (i) Lt�ns�ad Eoeumbnne�s.Trustor horeby war►ants and represents that there is no default under the provisions af any
<br /> � mortgage,deed of trust,lease or purchase contract describing all or any part oi the Property,or other contract,Instrument or
<br /> agreement Constituting a lien or encumbrance agalnst all or any part of the Property(coltectively,"Liena'7,existing as o1 the
<br /> date o1 this Deed of Trust and that any and all existing Liena remain unmodified except as disclosed to Lender in Trustor's
<br /> wrltten disclosure•of liens and encumbrances provided tor herein. Trustor shall timely perform all of Trustor's obligatlons,
<br /> covenants,represes�tations a�d warraoties under any and ail exisiting and tuture Liens,shall promptly forward to Lender copies
<br /> 01 all notices at'detault sent in connection with any and all existing or tuture Liens,and shall not without Lender's prior written
<br /> conSent in any manner modify the provisions ot or allow any future advances under any existing or future Liens. �
<br /> (�► Applkation ot PsynNnb.Unless otherwise required by law.sums oaid t�Le�der hereunder,including without limitation
<br /> payments oi principal and interest,insurance proceeds,condemnation proceeds and rents and pr�ofits,shall be applied by
<br /> LeaCet to 4te amounts due and owing irom Trustor and Borrower in such order as Lender in its sole discretion deems desirabte.
<br /> (k) Sw�rabWty. If any provision of this Deed of Trust conflicts with applicable law or is declared invaUd or otherwise
<br /> � uneniorceabfe,such conflict or invalidity shall not afiectthe other provisons of this Deed o1 Trust or the Note which can be '�
<br /> • given eifect without the conflicting provision,and to th�s end the provis�ons of this Deed oi Trust and the Note are decta►ed to be
<br /> severable.
<br /> (I) TKm�.The terms"Trustor"and "8orrower"shall include both s�ngu!ar�nd plural.and when the TruStor and Borrower
<br /> are the same person(s),those terms as used in this Deed of Trust�ha`I be interchangeable.
<br /> (m) Gov�min�Law.This Deed of Trust shall be governed by the taws of the State of ebraska.
<br /> Trustor has executed this Deed of Trust as of the date written above. , /
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<br /> . (Blaine K. Pac t�r Husband
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<br /> (D�borah L, Pad�l�� Wif� -
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