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<br />89-- 100906
<br />I& Mtaplfaryp,h Prorl,kn,.
<br />(a) Bortowarr Not Released. Extension of the time for payment or modification of amortization of the sums secured by this
<br />Deed of Trust granted by Lender to any successor In interest of Borrower shall not o rate to r
<br />Of the origtnat Borrawerartd Borrowers successors in Interest Lender shall not be required to c� o mence prooceedings against
<br />such successor or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Deed of Trust
<br />by reason of any demands made by the original Borrower and Borrower's successors in interest
<br />(b) Lender's Powwl. Without affecting the liability of any other person liable for the payment of any obligation herein
<br />mentioned, and withoutatfectin9 the lien or charge of this Deed of Trust upon any portion of the pro
<br />released as security for the full amount of all unpaid obligations, Lender may, from time to time and wi�thoyut notice (�) release any
<br />person so liable. (Ii) extend the maturity or after anyof the terms of any such obligations, (iii) grant other indulgences, (iv) release
<br />Or reconvey, or cause to be released or reconveyed at any time at Lender's option any parcel, portion or all of the Property,
<br />(v) take or release any other or additional security for any obligation herein mentioned, or (v7 make or all of the or other
<br />arran:20!�ts with debtors in relation thereto.
<br />4c3 Fyartt Vwe fry Lender Not a Walver. Any forbearance by Lender in exercising any right'or remedy hereunder. or
<br />C' erwaa afforded by; applicable. -law, shall not be a waiver of or preclude• the emrcise of any such right or remedy. The
<br />pru rAuref ent of Insu.'ance or the payment of taxes or other liens or charges by L. -der not be a waiver of Lender's right to
<br />acs Sfemte the maturity of the indebtedness secured by this Deed of Trust".
<br />(d) Successors and Assigns Bound; Jobt and Savoral Liability;
<br />twined shall bind, and the right! hereunder gall inure to, the resec �aue essors and asslgrr cf Le dery and Trustor. Ail
<br />covenants and agreements of Trustor shall be;oint and several. The c�sions and headings of the paragraphs o1 this Deed of
<br />Trust are for convenience only and are not to be used to interpret or define the pi¢ai ins hereof
<br />(e) Rsquestfor Notices.The parties hereby request that a copy of any notice of tefau t here!►ndter� Rhos ,N�r. m�;s r7ati4e
<br />of satA hereunder "mailed to -,..h paw to this peed of Trust at the address set fdrth above in thin �,�t ,
<br />a for MS law. Except for any o n34r_$ required under applicable law to be given; -another ntarsr ; gpy a p a ed
<br />for in > is peed of Trust shat! be given: ti!r. *)[g such notice by certified mail addressed to tt;e etherrarties, at the address sC
<br />f3rrn above. Any notice provided FQ�;r Tisis Ceed of Trust shall be effective upon mailing in d*e rra aner designated herein. I1
<br />T Star is more Than one person, r il,:ce sent to the address set forth above shall -be ndbce to ati such persons.
<br />t�4 Inspection. Lender mayrnai..e or cause to be made reasonable entries upon and-inspections of the Property, provided
<br />M-B? Lwder shall give Trustor notice prior to any such inspection specifying reasonaUtz• ;mouse therefor related to Lender's
<br />i -elect n the Property.
<br />!3t Reconvoyafte_ Upon payment of all sums secured by this Deed of-Trust, Lender shM requpmt Trustee to reconvey the.
<br />Pm" e'tyr.and shall surrender this Deed of trust and all notes evidencing indebtedness :cured by lftis Deed of Trust to Trustee.
<br />Trust :•'tall reconvey the Properly! without warranty and without charge fir fete pe +,rzz or persons legally Entf�ed thereto.
<br />Trustbr amall pay all costs of recordation, if any.
<br />(h) Parsonsf ProParfy; Security Agreement. As additional security for the payrnsnt of the Naij , Trustor hereby grants
<br />Lender under the Nebraska Uniform Commercial Code a security interest in all fixtures, equipment.and other personal property
<br />used in connection with the real estate or improvements located thereon, and not othenvme declared or deemed to be a part of
<br />the real estate secured hereby. This instrument shall be construed as a Security Agrcerne :rt under said Code, and the Lender
<br />shall have all the rights and remedies of a secured party under said Code in addition to ti,e rightsand remedies created under
<br />and accorded the Lender pursuant to this Deed of Trust; proulded that Lender's rights and remed eD under this paragraph shall
<br />be cumulative with, and in no way a limitation on, Lender's rights and remedies under any other u- Nnirity agreement signed by
<br />Borrower or Trustor.
<br />(I) Liens and Encumbrances. Trustor hereby warrants and represer:t �: that there is no default under the provisions of any
<br />mortgage, deed of trust, lease or purchase contract describing all or an;• part of the Property, or other contract, iMstiument or
<br />agreement constituting a lien or encumbrance against all or any part cf .,ne Property (collectively, "Liens"), exi�ng. as of t�
<br />date of this Deed of Trust, and that any and all existing Liens remain un- odified except as disclosed to Lender. jt ir45:G',.
<br />written disclosure of liens and encumbrances provided for herein. Tn ti'r;r shall timely perform all of Trustoes obt;g4LCrr ,
<br />covenants, representations and warranties under any and all exisiting ardfiuture Liens, shall promptlyr torwardto Lender copies
<br />of all notices of default sent in connection with any and all existing or future Liens, and shall not without Lender's prior vsnfren
<br />consent in any manner modify the provisions of or allow any future advances under any existing or future Liens.
<br />G) Appficallon of payments. Unless otherwise required 15r ta�v, sums paid to Lender hereunder, i,rcjuding without limitation
<br />payme +its of principal and interest, insurance proceeds, cer.semnaticK, proceeds and rents and prmfti«, shall be applied by
<br />Lender tb the amounts dud and owing from Trusior.and Borrower in such ordrer as Lender in its soled! acretlon deems desirable.
<br />(k) fi trarabillly if -any provision of this OEed of Trust conflicts w�'Zla applicable law or is declared invalid or otherwise
<br />unenforceable, such conflict or invalidity shall not affect the other provisons of this Deed of Trust or the Note v.;.ich can be
<br />given effect without the conflicting provision, and to this end rte provisions of this Deed of Trust and the Note are dsciared to be
<br />severable.
<br />(1) Teens. The terms "Trustor- and "Borrower" shall inc'ude both sirgu!ar and plural, and when 1119 Trustor V6 Borrower
<br />are the same person(s), those terms as used in This Deed of Trust shall nterchangeabte.
<br />(m) Governing Law. This peed of Trust shall be governed by t laws of the State of Nebraska
<br />Trustor has executed this Deed of Trust as of the data written above.
<br />(V h E. Trustor Cl, rk, Husband)
<br />(Phylli A. 1 rustor Clark, Wife)
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