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r: i s r gg- x.103254 IUO% 8 to. MINOoneon Provisions. (a) Borrower Not Rslaased. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust granted by Lender to any successor In Interest of Borrower shall not operate to release. in any manner, the tiabltlty of the original Borrower and Borrower's successors In interest. Lender shilil not be requlred to commence proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Dead of Trust by reason of any demands made by the original Borrower and Borrower's successors In Interest. (b) Lender's Powers. Without affecting the liability of any other person liable for the payment of any obligation herein mentioned, and without affecting the lien or charge of this Deed of Trust upon any portion of the Property not then or theretofore released as security for the full amount of all unpaid obligations, Lender may, from time to time and without notice (i) release any penioe so liable, ll� extend the maturity or alter any of the terms of any such obligations. (M) grant other Indulgences, (iv) release or.reoonvey, or cAuste 10 tre released or reconveyed at any time at Lender's option any parcel, portion or all of the Property, (Vj IR ke or release any other. or additional security for any obligation herein mentioned, or (vq make compositions or other arralctgements with debases m m7ation thereto. (c:) Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded' by applicable N w, shall not be a waiver of or preclude the exercise of any such right or remedy. The procurement of insurance or the payment of taxes or other liens or charges by lender shall not be a waiver of Lender's right to acce*ate the maturity of the fvdebt:dress'secu-ed by this need of Trust. Gip Successors and Assigitns Illou d;Joint and Sever.l Lability; "aptlons. The covenants and agreements herein con- tamed shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Truster. All cQVenants and agreements of Truster shall to joint and several. The captions and headings of the paragraphs of this Deed of Trost are for cgnvenlence only and are not to be used to Interpret or define the provisions hereof. (e) Request for Nodes& The parties hereby request that a copy of any notice of default hereunder and a copy of any notice of,salq hereunder be mailed to each party to this Deed of Trust at the address set forth above in the manner prescribed by aW4bbla law. Except for any other notice required under applicable law to be given in another manner, any notice provided for Ens this Deed of Trust shall be given by mailing such notice by certified mail addressed to the other parties, at the address set fcir above. Any notice provided for in this Deed of Trust shall be effective upon mailing in the manner designated herein. It Tmstor is more than one person, notice sent to the address set forth above shall be notice to all such persons. (1) Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Properly, provided that Lender shall give Trustor notice prior to any such Inspection specifying reasonable cause therefor related to Lender's IrtliffestIn the Property. r (g)• Reeonveyance. Upon payritent ofalt sums secured by this Deed of Trust. Lender shall request Trustee to reconvey the Pr�erty and shall surrender this Deed: ct Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee. Thtstee shall•reconvey the Property Without warranty acrd without charge to the person or persons legally entitled thereto, Trustict 311811 pay all costs of• recordation. if any. (h) Personal Property; Security Agreement. As additional security for the payment of the Note. Truster hereby grants Lender under the Nebraska Uniform Commercial Code a security interest in all fixtures, equipment, and other personal property used in connection with the real estate or Improvements located thereon, and not otherwise declared or deemed to be a part of. the Mal sb secured thnieby. Tint instrumeni snail be construed as a security Agreement under said Code, and the Lender shall have all the rights and remedies of a secured party under said Code in addition to the rights and remedies created under and accorded the Lender pursuant to this Deed of Trust; provided that Lender's rights and remedies under this paragraph shall be cumulative with. and in no way a limitation on, Lander's rights and remedies under any other security agreenle nt signad by Borrower or Truster. (I) Liens and Encumbrances. Truster hereby warrants and represents that there is no default under the provisions of any mortgage, deed of trust, tease or purchase contract describing all or any part of the Property, or other contract, instrument or agreement constituting, a lien or encumbrance against all or any part of the Property (collectively, "Liens "). existing as of the date of this Deed of Trust, and that any and all existing Liens remain unmodified except as disclosed to Lender In Truster's vrritten disclosure of liens and encumbrances provided for herein. Truster shall timely perform all of Truster's obligations. Covenants, representations and warranties under any and all exisiting and future Lidns, shall promptly forward to Lender copies of all notices of default sent in connection with any and all existing or future Liens, and shall not without Lender's prior written -consent in any manner modify the provisions of or allow any future advances under any existing or future Liens. 0) Application of Payments. Unless otherwise required by law, sums paid to Lender hereunder, including without limitation paaycner!ts of principal and interest, insurance proceeds, condemnation proceeds and rents and profits, shall be applied by L'ertder to the amounts due and owing from Truster and Borrower in such order as Lender in its sole discretion deems desirable. (k) Severabmy. If any provision of this feed of Trust conflicts with applicable law or is declared invalid or otherwise unenforceable, such conflict or Invalidity shall not affect the other provisons of this Deed of Trust or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Deed of Trust and the Note are declared to be severable. M Terms. The terms "Truster!' and "Borrower" shall Include both singular and plural, and when the Truster and Borrower are the same person(s), those terms as used in this Deed of Trust shall be interchangeable. (m) Qoveming Law. This Deed of Trust sffaft be governed by the laws of the State of Nebraska. Truster has executed this• Deed of Trust as of the date written above. J J . g u i _L jTrustor Bonnie Ag I i I a I Tlbfcl M G _1