Laserfiche WebLink
89-- 102402 <br />16. Miscellaneous Provisions. <br />r(a) Sorrowsr Not Released. Extension of the time for payment or modification of amortizatcn. of the sums secured by this <br />1 Deed of Trust granted by Lender to any successor in interest of Borrower shall not operate to release, Ili: any manner, the liability <br />of the original Borrower and Borrower's successors in interest Lender shail not be required to com mRrrde proceedings 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 Powers. Without affecting the liability of any other person liable for the payment of any obligation herein <br />mentioned, and without affecting the lien or charge of this Deed of Trust upon any portion of thePrpp" not then or theretofore <br />released as security for the fylt amount of all unpaid obligations, Lender may, from time to time and witte ,vw notice (i) release any <br />pens n so liable, (ii) extend 10#-:maturity of altar any of the terms of any such obligations, (ili) grant otfw. Indulgences, (Iv) release <br />or r nvey, or cause to kia?atessed or -sedohveyed at any time at Lender's option any parcel, ,cenor all of the Property, <br />(v) ski or release.atny outdi "or additidrlat. security for any obligation herein mentioned, or (vi) make compositions or other <br />arrdngement$."vr ;th'ilebtor.9 in relation thereto. <br />(c) Forbea- a- nze�by Lender Not a Walver. Any fti,�bea:-arce_b�g under in exercising any right a7samedy hereunder, or <br />otherwise afforded by applicable law, shall not be a t awpY of w'p- ,eclude the exercise of any such} sight or remedy. The <br />procurement of in§�.ance orthp payment.of taxes o: other liens okG' ,Ares by Lender shall not be a waNer of Lender's right to <br />accelerate the maturity of the indabte6t 6sa secured W y this Dee�i.zff: T;ast <br />(d) Successors and AssVft Bountfi >Jafnt and Several Lfab`it f+epiions. The covenants and agrt;sments herein can <br />shall bind, and the rights hereunder shall inure to, the respi , lira successors and assigns of 'v30:ler and Trustor. All <br />covenants and agreements of Trustor shall'be joirtt acrd several. The captions and headings of the parsg^gphs of this Deed of <br />T„sst are for convenience Qnty and are not to be. usad to interpret or define the provisions hereof. <br />ie) Request for Notice&,Thb parties hereby request that a copy of any notice of default hereunder arda copy of any notice <br />of sale hereunder be mailed to each partil to this Deed of Trust at the address set forth above in the manner prescribed by <br />applicable law. Except for any other notice - required under applicable law to be given in another mannrwiany notice provided <br />for in this Deed of Trust shall be given by.Mailing such notice by certified mail addressed to the other parliatr„at the address set <br />forth above. Any notice provided for in this Deed of Trust shall be effective upon mailing in the mannen0signated herein. If <br />Trustor is more than one parson, notice sent to the address set forth above shall be notice to all such parsons. <br />. (f) Inspection. Lender may make or cause to be made reasonable entries upon and inspections of (ho Property, provided <br />t;tat Lender shall, give Truster notice prior-to any such inspection specifying reasonable cause thera'.ca,related to Lender's <br />interest in the araparty. <br />. (g) Reconveyance. Upon payment of all sums secured by this Deed of Trust. Lender shall request Trustee to reconvey the <br />Propetty and shall surrendarthis Deed of Trust and aft notes evidencing ind v&ess secured by this Deed of Trust to Trustee. <br />T: us "ae� shall reconvey the Property without warranty and without charge a �he person or persons ler„ally entitled thereto. <br />Truszbr shalt pat'` all costs of recordation, if anr. <br />(h) Rersonsl Property; Security Agreement.-As additional security for the payment of the Not&, ,Trustor hereby grants <br />Lender under the'Nebraska Uniform Commercial Code a security interest in all fixtures, equipment, and &iar personal property <br />used in connection with the real estate or improvements located thereon, and not otherwise declared ordaamed to be a part of <br />the real estate secured hereby. This• instrument shall be construed as a Security Agreement under sat(jt Code, and the Lender <br />shall have all the rights and remedies of a secured party under said Code in addition to the rights awl remedies created under <br />and accorded the Lender pursuant to this Deed of Trust; provided that lender's rights and remedies uver this paragraph shalt <br />be cumulative with, and in no way a limitation on, Lender's rights and remedies under any otter secur ty agreement signed by <br />Borrower or Trustor. <br />i) Liens and Encumbrances. Trustor hereby warrants and represents that there is no default an-Jer the provisions of any <br />m= r'jage, deed of trust, lease or purchase contract describing all or any part af. the Property. or,o'her contract, instrument or <br />s�z reament constituting a lien or encumbrance against all or any part of the Prcpar ty (coflWiae {y, "Liens "), existing as of the <br />date of this Deed of Trust, and that any and all existing Liens remain unmodified except as cl tdctosed to Lender in Trustor's <br />written disclosure of liens and encumbrances provided for herein. Trustor shall timely all of Trustor's obligations, <br />covenants, representations and warranties under any and all exisiting and future Liens, shall p- amptly forward to Lender copies <br />of all notices of default sent in connection with any and all existing or future Liens, and shat; a,:)t without Lender's prior written <br />consent in any manner modify the provisions of or allow any future advances under any eAkitrig or future Liens. <br />0) Application of Payments. Unless otherwise required by law, sums paid to Lender herc-_'-!er, including without limitation <br />payments of principal and interest, insurance proceeds, condemnation proceeds and rer :s and profits, shall be applied by <br />Lender to tie amounts dueand owing from'r.;stor and Borrower r r st..:h order as lender in its sole discretion deems desirable. <br />Seve4bllity. if any provision of tf;-v Deed cf Trust conflict_ ,, "h applir ah:e law or is declared invalid or otherwise <br />ur2r °crce &Lie, such conlTu or invalidity shall not a•f {e;' 1:nje other pvc,,.sons ca ,t w Ceed of Trust or the Note which can be <br />given effect w,tL !out the Cori •, ^.ling provision, and to r, as d the p rev s: on, of this Qe :ei of Trust and the Note are declared to be <br />severable. <br />(I) Terms. rr•e terms "Trustor' and' Borrower" shall include Golf, singular and plural, and when the Trustor and Borrower <br />are the same ,person(s), ;hose terms as used in this Deed of Trust r all be interchangeable. <br />!.m) Governing Law. Tr,s Deed of Trust shalt be oowerned by;l> ws of t1ie.State of Nebraska. <br />Truster has executed this Derr:, of Trust as of the date ,a ­ rrn above ' <br />` 'Von Behren) <br />�'r rstor (Ronald L, f <br />bg__ a. Behren) <br />J <br />ustor ookstool <br />, <br />-k <br />0. <br />•�i <br />r+� <br />k` <br />a <br />