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<br />89- 104209 89V0020
<br />is. Ytecwkmww a Protrieione.
<br />(a) On oteee 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 toany successor in interest of Borrower shall not operate to release, in any manner• the fiability
<br />of ft original Borrower and Borrower's successors in interest Lender shell not be required to commence proceedings against
<br />such successor or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Dead of Trust
<br />by reason of any demands made by the original Borrower and Borrower's successors in interest
<br />(b) Land is Form Without affecting the liability of any other person liable for the payment of any cbllgation herein
<br />ttte Oiled, and without affecting the fien or charge of this Deed of Trust upon any portion of the Property not then or thwasolam
<br />released u security for the full amount of all unpaid obligations. Lender may, from time to time and without notice (I) release any
<br />person so liable. (is) extend the maturity or alter any of the terms of any such obligations, (ill) grant other indulgences, (iv) reline e
<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 relsase any other or additional security for any obligation herein mentioned, or (vi) make compositions or other
<br />arron(, ements with debtors in relation thereto.
<br />(c) Forbwance by Lender Not a Walver. Any forbearance by Lender in exercising any fight or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. The
<br />proccrement of insurance or the payment of taxes or other liens or charges by Lender shall net be a waiver of Lender's right to
<br />argcaalarate the maturity of the indebtedness secured by this Deed of Trust
<br />(d) Swv:sesors and Asally. w Botred; Joint and Severab Liability; Captions. The covenants and agreements herein con-
<br />tained shall bind, and the rights hereunder shalt inure to, the respective successors and assigns of Lender and Truster. All
<br />covenants and agreements of Truster shall be joint and several. The captions and headings cf the paragraphs of this Desd of
<br />Trust are for convenience only and are not to be used to interpret or define the previsions hereof.
<br />(e) Regwd for Nolkee. The parties hereby request that a copy of any notice of default hereunderand a copy of any notice
<br />of sale hereunder be mailed Ir, each party to this Deed of Trust at the address sat forth above in the manner prescribed by
<br />applicable law. Except for amri other notice required under applicable law to be Oven. in: another manner, any notice provided
<br />for in this Deed of Trust shall be given by mailing such nonce by certified !.flail a.Oy wad:ta:(he.other parties, at the addressset
<br />forth above. Any notice provided for in t ",a Deed of Trust shall be ng:(n. fire manner designated herein. If
<br />Trustor is more than one person, notice sert to the address set forth,a -cueshall:bI notice ta.atl such persons.
<br />(1) Insper:Yoef. Lender may make or cau a to be made reasorgble an:r as vpc+r and inspections of the Property, provided
<br />that Lender shall give Truster notice prier srz.any such Inspection speclfylltg rr." iable cause therefor ret; ed to Lender's
<br />i.^."*fasf in the Property.
<br />(g) Reconvoyainee. Upon payment of outs gyms secured by this Deed of Ttunt: L rider shall. rwvest Trus ee to reconvey the
<br />Property and shaitsurrender this Deed of Tiis?tand all notes evidenc:rrg:nde6Wneass secured "tlt is Deed of Trust to Trus'tse.
<br />Trustee shall reconvey the Property wittr.aS.* 4arranry and without charge to Vie person or persons fega',, entitled thereto.
<br />Trustor shall pay all costs cL fezordation, if a:+y.
<br />(h) Personal Property; Security Agreement. As ac- nwlnal security for the pa�.rnent of the Note. Tre stvr hereby grants
<br />Leader under the Nebraska Uniform Commercial Code a security interest in all fixtures, equipment, and other tiersonal property
<br />used in connection witrt the real estate or improvements located thereon, and nototherwise declared or deemedto be a panel
<br />the real estate secured hereby. This instrument shall be construed as a Security Agreement under said Code, and the Lender
<br />shall have all the rights and remedies of a secured parry under said Code in addition to the rights and remed�ascreated under
<br />and3£corded the Lender pursuant to this Deed of Trust provided that Lender's rights and remedies under t`,:soafagrsph shall
<br />be, c..r-nutative with, and in no way a limitation on. Lenders rights and remedies under any other security agrsar^ tent signed by
<br />1307-,ower or Trustor
<br />li) Lhm and Encumbrances. Trustor hereby warrants and represents that there is no default under the provisions of any
<br />mortgage, deed of trust, lease or purchase contract describing all or any pan of the Property, or other contract, instrument or
<br />ayrriximent constituting a her 3r encumbrance against all or any part of the Property (collectively, "Liens "), existing as of the
<br />daiec,f this Deed of Trust, arnE ghat any and air existing Liens remain unmodifieO except as disclosed to Lender in Truster's
<br />wr4lan disclosure of liens ar7.1 encumbrances provided for herein Trustor shall° ? ^rely perform all of Truster's obligations,
<br />covenants, representations and warranties under any and all exisiting and future Liens, shall promptly forward to 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 written
<br />• consent in any manner modify the provisions of or allow any future advances under any existing or future Liens.
<br />U) Application of Payments. Unless otherwise reclu:red by law. sums paid to lender hereunder, including without limitation
<br />payments of principal and interest, insurance proceeds: condemnation proceeds and rants and profits, r?`. be applied by
<br />LeNeir to the amounts due and owing from Trustor and Borrower in such order as lender in its sde discretior 414mms desirable.
<br />(k) Selrerabifi!y. If any provision of this Deed of Trust conflicts with applicable law or a OOared inva:id or cthrETw!se
<br />unenforceatae. -.uch conflict or invalidity shall not affect the other p, vV sons of this Deed of Trust or the Note which =n 5e
<br />given etfecwir.�s1riut the conflicting provision, and to this end the pro:;S,: r,s of tt,. s:'-)eed of Trust and the Note are declared to be
<br />51 i Tome. the terms `Truster" and "Borrower" shall include Intl'. . s -;,h. a d rie ;,rural, and when the Trustor and Borrower
<br />are the same pFUwan(s), those terms as used in this Deed of Trust Vlangeablar.
<br />(nil Gover*W law. This Deed of Tr vi shall be governed by tl• sews 1 the State of Nebraska.
<br />Trustor has executed. ,nis Deed of Trust as G +'"ne- date written above
<br />Trustor (VentS:+e h E. �ri T ark )
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<br />Trustor (Phyllis A. C;:v.k)
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