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A <br />F. <br />x <br />4 <br />89_.101936 <br />deposit with the Lender,. whher held in a general or special <br />account or deposit, or for-oafekeeping or otherwise; and every such <br />lien and right of setoff may be exercised without demand upon or <br />notice to the Guarantors.. <br />13. No right or power of the Lender hereunder shall be deemed <br />to have been waived by anl,A►ct or conduct on the part of-the <br />Lender, or by any neglect to exercise such right or power, or by <br />any. delay in so doing ;.andevery right or power shall continue in <br />full force and effect until specifically waived or released by an <br />instrument in writing execiated by the Lender. <br />14. The terms and provisions of this guaranty shall not be <br />waived, altered, modified:or amended except in writing duly signed <br />by an authorized officer--.'of the Lender and by all of the <br />Guarantors. <br />15. This quaranty.is delivered and made in, and shall be <br />construed pursuant to the:.'laws of the State of Nebraska, and is <br />binding joint s -and severally upon the Guarantors and their <br />respective heirs, executats, administrators, successors, assigns <br />and legal representatives, and shall inure to the benefit of the <br />Lender, its successors &,nd assigns. The Lender shall have-the <br />right to,assign and transfer this guaranty, and any security <br />deposited hereunder, in. -whole or past, to any assignee of any <br />transaction or debt or any portion thereof. The Lenders <br />successors and assigns shall have all of the rights, privileges and. <br />powers granted hereundar to the Lender, and shall have the right to <br />rely upon this guaranty and to enter into further and additional <br />transactions with the Borrower in reliance hereon in the same <br />manner and with the same effect as if such successors and assigns <br />were specifically n. =ed as the Lender herein. The rate of interest <br />guaranteed by the- G- jarantors shall be at the maximum rate permitted <br />by the laws of the State of Nebraska, but not to exceed the rate of <br />interest stated onithe Borrower's promissory Note. <br />16. Words and phrases herein, including acknowledgement <br />hereof, shall be construed as in the singular or plural number, and <br />as masculine, feminine or neuter gender, according to the context. <br />17. If any of the provisions of this guaranty shall contravene <br />or See, held invalid under the laws of any jurisdiction, this <br />guar Lty shall be construed as if not containing those provisions <br />and the rights and obligations of the parties hereto shall be <br />construed and enforced accordingly. <br />IF WIT14ESS WHE OF, the Guarantors have each signed this <br />agreement on this E clay of April, 1989. <br />Jack D. Vetter <br />Mdcra D.. `letter <br />D: \LOA11DOC \11EALTH. GUA <br />April 10, 19 &9 <br />VETTER HOLDING, INC. <br />By <br />ack D. Vetter, President <br />By — <br />Stephpi T. McG ll, Seers ary <br />i <br />i <br />fs <br />r.- <br />