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89--a 103452 <br />1 @. MMosomwo >w praww"s. <br />(a) O"lowal tW ftNW sd, Extension of the tarns kv paym4rlor mucfik&Uon of amCwVU ion Of the suhns scoured by #" <br />Dead of Trustgranted by Lender to any sucess aor in interest Of b:.*.T oww shall non operata b row sae, in any manner, the 1iabiiity <br />of the original Borrower and Borrower's successors in intersat. Lerhftof shill not be required b oomfnenes prcicsed - Now <br />such suocessor or refuse to extend time for payment or Owrw4im OVdify amnrtl:atwn Of the sun» sMitod by this Died Off Trust <br />by reason of any demands made by the original Borrower WrAl D rower's SWCOW * in Interest. <br />+ (b), L,enttsr's Pewars. Without affecting the liability of any What person liable for the payment of any obMaaNpn her <br />mentioned, and without affecting the lien or charge of Wo L'las .f al Trust upon any portion of the Property not Mien or MterNokre <br />released to security for the full amount of all unpaid obligOons. Lender may, from time to time and without notice (It rMeess any <br />person so liable, (it) extend the maturity or alter any of the Was of any such obligations, (Iii) grant Other Indulgenoee. (iv) release <br />or reconvey, or cause to be released or reconveyed at any tint at Lender's option any parcel. portion or all of the property, <br />(v) take or release any other or additional security for any otligiiatlon heroin mentioned, or (vl) make compositions or othw <br />arrangements with debtors in relation thereto. <br />(o) Porbearat►ee by Lewder Not a Wahm Any forbeaRanc* by Lender in exercising any right or remedy hereunder, or <br />otherwise afforded by applicable taw, shall not to a waives of, or preclude the exercise of any such right or remedy. The <br />procurement of insurance or the payment of taxes or other reins ry charges by lender shall not be a waiver of Lender's fight lo <br />accoWate the maturity of the Indebtedness secured by this Deed of Trust. <br />(d) Suceeeems and Aselow Bound; JoWd and SemA LWAft CapMons• The covenants and agreements heroin con - <br />+ talned shall bind, and the rights hereunder shall Inure to, ft i q*Wtive successors and assigns of Lender and Trustor, All <br />covenants and agreements of Trustor shall be joint and sewsh,'the captions and headings of the paragraphs of this Deed of <br />Trust are for convenience only and are not to be used to IrNiE r*st of define the provisions hereof. <br />(a) Requesttor filoticee. The parties hereby requeslthata copy of any notice of default hereunder and a copy of any notice <br />of sale hereunder be mailed to each parry to this Deed of Trvift at the address set forth above In the manner prssalbsd by <br />i applicable law. Except for any other notice required under spVit:able law to be given in another manner. any notice provided <br />for In this Deed of Trust shall be given by mailing such nonce tq,.0ertified mail addressed to the other parties, at the address so <br />forth above. Any notice provided for in this Deed of Trust sh.101ibe effective upon mailing in the manner designated heroin. If <br />Trustor Is more than one person, notice sent to the address sea forth above shall be notice to all such persons. <br />(f) hwpa&W iL Lender may make or cause to be made reasonable entries upon and Inspections of the Property, provided <br />that Lender shall give Trustor notice prior to any such inspeirMon specifying reasonabte cause therefor related to Lender's <br />interest in the Property. <br />(g) fteeonveysnae. Upon payment of all sums secured 4i this Deed of Trust. Lender small request Trustee to reconvey the <br />Property and shall surrender this Deed of Trust and a!1 notes "encing indailtedness secured by this Deed of Trust to Trustee. <br />Trustee shall reconvey the Property without warranty and Without charge to the persona or persons legally entitled thereto. <br />Trustor shall pay all costs of recordation, if any. <br />(h) Pi rsersal Prepaey; Socurft Agreement. As Wigrrnal security for the payment of the Note. Trustor hereby grants <br />Lender undef the Nebraska Uniform Commercial Code a sib curity interest in alt fixtures. equipment, and other personal property, <br />i ______.,__. .M. Mme_ f_-, __.eta ♦anpi�._m4nt ..��...J ..� RV..1 w. lari t"GIV- dat-w.A d......ww.A as ww..f <br />ti$1ly tai tiwrmrtuwn rYntr v>t rwr osrf.ae yr u,ryr v�ean�rma i4!�+at�v'aiirrrov: r, �iea�`i aNt vttt�n vr/w V V V lrrv�V iii vw...w ia� air � pas —1 v <br />the real estate secured hereby. This instrument shO be construed as a Security Agreement under sold Glide, and the Lender <br />j shall have all the rights and remedies of a secured parIT under said Code in addition to the rights and remedies created under <br />and accorded- the L-- sdar pursuant to this Deed± of Trvs1t.plovidt0 that L ender'• rights and woo. mo files r �ndwr this parneMnh shall <br />be cumulative with, and in no way a limitation on. Le+ 4w.'s rights and remedies under any other security agreement signed by <br />Borrower or Trustor. <br />:j (i) Lisps and E nuwAianees. Trustor hereby w -a^rants and represents that there is no default under the provisions of any <br />:.. t mortgage, deed of trust lease or purchase contract: Cithscrib+ng all or anry part of the Property, or other contract instrument or <br />agreement constituting a lien or encumbrance agjim'3t all or a yr part of the Property (CpileCtively, "Lions"). existing as of the <br />date of this Deed of Trust and that any and all exiating Liens remain unmodified except as disclosed to Lender In Trusior's <br />•.;'% written disclosure of liens and encumbrances provided for herein. Trustor shall timely perform all of Trustor's obligations, <br />covenants, representations and warranties under, any and all exisitmg and future Llsns. shall promptly forward to Lender copies <br />of all notices of default sent in connection mff% any and all existing or future Liens, and shall not without Lender's prior written <br />consent in any manner modify the provisions of or allow any future advances under any existing or future Liens. <br />Q) Appllesi* +of Payments_ Unless otherwise required by law, sums paid to Lender hereunder. Including without limitation <br />payments of principal and Interest insurance proceeds. condemnation proceeds and rents and profits, shall be applied by <br />Lender tome amounts due and owing from Trustor and Borrower in such order as Lender in its sole discretion deems desirable. <br />(k) levsrisbOty. if any provision of tKis Deed of Trust conflicts with applicable law or is declared Invalid or ottwwise <br />unenforceable. such conflict or invalidity.- shall not affect the other provisons of this Deed of Trust or the Not which can be y <br />given ~without Ilia conff iclirg provision, and to this and the provisions of this Deed of Trust and the Note are declared to be <br />ssverabW <br />(1) Terra. The terms "Trusioe' aid "Borrower" shall include both singular and plural, and when the Trustor and Borrower <br />are the same person(s), those terms as used in this Deed of Trust shall be interchangeable. <br />(m) Owerrriq Lew. This Date of Trust shall be governed by the laws of the State of Nebraska. <br />' major has executed this Deed of Trust as of the date written above. A <br />lay . Trustor Husband) <br />• C�C1 <br />(Lori L. Clark, Trustor wife) <br />t <br />L <br />r- <br />d 7- <br />K •• <br />