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F_ 90�00004 a Indisertl DOWA la. Lander is hereby assigned all compensation. awards. damages and other payments or retest therein lot " Proceeds') in connection with condemnation or other taking of lose Properly or pail Ihmr&of.Of for conveyance in lien of condemnation L ender shall be entitled at its option to commence. appear In and prosecute in tale own name any action or proeWdinge. and shall also be entitled to make any compromise or Nlllemenl in connection with such lolling of damage In the eyenl any portion of the Properly to so taken of damaged. Lander shall have the option. in its sore and absolute discrelion. to apply all such Proceeds. miler deducting Ihelolipm all costs andex)entes incurred by it rn conmactlon with such peocgds. upon any indabtedness secured hereby and in Such order as lender may determine. or to apply all such Proceeds. altar such dmdrulidns. to one restoration of the Properly upon such conditions as Lander may determine Any Application of Proceeds to IndOWness shall not extend or pOSlpome the due del* of any psymont► under the (Vote. or cure any delault thereunder or hereunder 7. ►esf&rleaaserylnaset i nthtevanlofBorrower' s failure toperlorm. anyof the covenents herein or make any payments requited hereby. at stony set 11 lesson Of Iegalprocess" commenced which nNtanallya11ac1aLander 's interest inlhsPropSdv Lender may inilS own discretion. but without obligation todoso - and without notice to or demand upon Borrower and without felemsing Borrower Irom any obligation. do any ac t which IM Borrower has agreed but falls to do and easy also doany Other act it dooms necessary to protect the "Curtly hereol Borrower shall immediately Upon demand Iherelor by lender pay to Lander all costs and expenses incurred and sums esperidedby Lender in connection with Ilia Amarcam by Lender of the foregoing rights. together with W411 811,11 111916011 at Ihm role provided In the Note. which shell bsadded 00 the Na/eblednASs secured hereby Lender shall not incur any personal liability because of anything it may do or Omit to do hereunder • lsaale M BNaaO. The following shall constitute an avant of defaull under this peed of Trust (a) Failure to pay any installment of print: total or interest cis any other atom secured hereby when due. at fadutattopay, when due4ny other inclobledness of Borrower to lender. (bl A breach of or default under any provision contained in the Note, this Deed of Trust any document which secures the Note. and any other encumbrance upon the Property. ! (C) AwritofexecutionorallochmentoranysimilarprocessshallbeenteredagainstSarowarwhichshallbecomeal ienantheProperIVofAnyPortion thWGM or intela it therein. (d) The shall be filed by or %Mend Borrower an action under any present or future federal slats or other statute. law or regulation totaling to beakfuplcy.Insolvency. or other relief for debtors. or there shell be appointed any trustee. receiver of liquidator of Borrower or of auor say pan of IM Properly, Or the tarns. issue* of profile thereof. or Borrower shall make any general Assignment fa the bere-Ait of credelois (a) TM ssN. translar. Sssipnment. conveyance or further encumbrance of SN at any pail of Or any interest in Use Property. sooner vohiMarily or devakMtlaNy, without the express written consent of Lender 491 If Borrower is not an rriaielidual, the $ate. trar star, assignment. conveysnce or encumbrance of more than _ __ percent of pt a corporation) Its teeeea and outstanding stock or pl a partnership) .. _ percent of partnership interests g Nomt W alic NMaNM Upea Default. in the event of any Event of Default Lander may declare all it itEdbtedness Secured hereby to be due and payable and the Sum Yell gtersupcen become due and payable without any were- mtment. demand. ')latest of notice of any ►and Thereafter lender may (a) Demand that Trustee emesceselhePCIWERL )F SALE gracelbdheraan andT ruslee shall itiecoatter cause 1kruraway's interest in In* Property to be sold and the placaada to be distributed. all in Ilia mannet provided in the Nebraska Trust Deeds Act. (b) Either in person or by agent. with or without brinprng any action or proceeding, or Oyu receiver appointed by a court and without regard lathe adequacy of it& Security. *ntar upon and uke possession of the Property. or any part [hereof. in its t. soli •::ame Orin the name at the T r ustee. and doony acts which it dame necessary or desirable to pro +dive the value. marketability or rentabohly of the Propurrt or pail thereof or interest therein. increase IM income tMrstrOm or project the 6lcurtty hereof and, with or without taking possession of the Properly. stio t ar or otherwise collect the tents. issues and profits thereof. including those past due and unpaid. and apply the same less costs andeaponses of operation and collection including atlorneyi leas. upon any rndebledness secured hereby, all in such older as lender may del. imma The entering upon and fi ikmq possession of the Properly the collection of such rents .a3i lax and profits and the application thereof as aforesaid, shall not cure or waive any Was ll or i .;a +ce of default hereunder Of mvatidale any act done in rasp o� °i: to such i driiaun of pufa want to such Amoco of default anct. rai numanding the continuance all j.D:.C.::i:^ of the Properly of the cotlec!ior.. eeee!pt and application of rents, issues or profits. Trustee or Landes shall be entnlod to exece.se ever Or tight provided la in a- +„ of Inv Loan Instruments or toy uais •upon occutence o) any event of default. including the right to exercise Ilia power of sale. a•.1a tc) Commences an action to foreclose this Deed of Trust as a mortgage. appoint a receiver us specifically enforce any of the covenants hereof. Ne -remedy herein contacted uponor reservedics Tiusteetto Unlit- is intended to beenclusiveof any other comedy heresnof by lie* provided or permitted but each shall be cumulative. shall be in addition to awry other rerledy given hereunder or now or hereafter e.islong at taw or in equity or by statute and may be exercised concurrently. independently or surcesswoty 10 Trust". The Trustee may resign al any time wdhoul cause and Lender may al any tame anu wilm.sod cause appoint a successor or substitute Trustee Trustee shall not be liable for any loss or damage unless due to xefronable negligence or willlui misconduct and shat nut lee required to lake any action in connection with the enforcement of this Doed of Trust unless indemndred in writing for all costs. compensation or expenses which may be assns riled therewith In addolion Truslee may baeomeapurchaser& IanynoeoftheProperlyOudici alorunderthe poweratsalegranludhereinI postpone tie sate of all orally purhdnul Inv Properly as provided bylaw. or sal the Properly as a wlrrale . +x aeparAlm paaSls or 1016 11 FgsWfe "snese. Upon request of Borrower. Lender may at its option make additional and future advances and madvances to Borrower Such advances and teadvanea. awFh interest (hereon. shall be secured by this Deed of Trent At nc leaves shall lire principal amount all the rndebrhdness secured by thes Dved of Trust. not in- cluding sums advanced to protect the Security at Ixis Dead oI Trust. exceed the (wi9i sal principal amount staled herein or $ 20j,200.00 - whichever is Weatar ' 12. 1WseNfaieousProvtebns. (a) Borrower (Mot Released. Extension of the time for payment or modification of amurfitation of Otte sums aecured by this Deed of Trust granted by Lander loany successor in mtaratit of Borrower shall not operate to release in any manner the liability of the tarigonal Borrower and Borrower is •uCCOSS016 in interest Lender shall not be loquitev locommence proceedings against Such Successor of release to extend time lot payment or otherwise modily, amortization of Ire sums secured by this Deed o! Trust by reason of any danands made by the original Borrower and Borrower s succul wit an mletusl (b) Laintlet'slPsysters. Without affecting the liability of any other poison liable for the payment Of any obligation hervin mentioned and withoul affecting the lion or charge olthiWaidof Trust upon any portion of the Properly not then,.,". � elelolure released as bectu sty for lite full artiourat of all unpAiC 3blegAtions. !' Lender may. from time to time and without notice lit release any person so lidbte ,t extend the maturity us alive any of the forms of any such ebrijaiions. Nn) 1 grant other indulgences. I tell release offeconv @y or cause lobe released too teconveyedal any lime attendersoplei iou easy paicel pclliator oil of Into Properly. (v) Lake or raNaSe any other or additional security lot any oblegshow he, din. uwnuoned. or (vr) make compositions or other arrangwriew!, with dobrots in relation Iltsoralo (c) ►odielwanCaYy Lender Note Waller- Any forbearance by Lender in enercising any right or remedy nerea.rider or otherwise afforded by applicable 1 low• shall not boa wnverofor preclude the e ■ere;%wi;nanvsucn sign; or(emedy The procurement olrnsuianceofItat paymonlof lanes at other hansorcharges by Lerdar shag not be a waiver of Lender's Icons to ai..caierate the maturity of the indebtedness seculaid by thn Clara of Trust j (d) Successors and Assigns Bound; alcohol And gestowsol LialaWty; Captions. The covenants and agraemertth nerem contained shall bind. and the nghls p hereunder shall inure lo, the falspecs.ve successors and assigns of a ender and Borrower subject lathe provisions Of paragraph Ste) hereof All covenants and l agreements of 13oordwat shall berOsne and several The caphorlik ar.0 need ings of the paragraphs of this Deed of T Post are lot convenience only and ate not lobe i ugdr0 (al l nafptMIVr dvirr.rOi* y Ties t,tui.as li iimtveuat Y y aMills- i4Vil : ° amded to ■Yq{I...eMYO1i� eaehpart, to thus, Deed of Trust so the address set tooth above Oil its mamer pit+gG' ?sod by applicable law EltCairi": any Other notice iequried aeGiei applicable taw so be given in another manner, any notice provided for tai Seas Coved of Teat snau be given by matting sucn-r or-cu by caddied mail addressers [A Ina other panes, of sew address Set forth above L Any nObce provided lot in this Deed of Trust shall be deemed to nave been given to Borrower of Lender when given in In* manner designated herein (1) tnepacllsn. Lender May wlakeOrcataserojae made reasonable entries upon and inspections of In* Prop" provided that Lander shall give Borrower 0. 11OIN;e pier IO any such mfpection epeuiywq (g) Reoccanissolissince. Uponvayment ofall sums Secured by this Deed at trust. Loodef shall request Trustee to reconvey the Properly andshall surfandat this Deedol Trust and all notes evidencing indebtedness secured by this Dead of Trust to Trustee Trustee shall reconvey the Property without warranly and without charge to the person or parsons legally entitled thereto Such poison or parsons shall pay all costs of recordation. it any. (h) Iefsarld/ r& pwil. SaoadlyAgraae► eslAsadditionalstecurityforthepaymentofIn* Not* alllalures. equipme nt.andotherpersonalpropertyused in connection with the coal a slat* of Improvements located thereon, and not otherwiw declared or deemed to be a part of the coal estate secured hereby. shall be subject to& sojecurdy inisi"t in fatior of the Lender undef thoo Nebraska Uniform Commercial Code This rnshum-onl shall be construed asa Sector sly Agreement under said Code. and the Lender shall have all the nghts And Ieffiadlea 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 ill GaverMrly. In the event that any provision of this Deed of Trust conflict with applicable law orate declared invalid or other wise unenforceable. such conflict Or Invddily shall not affect "Other provisions of this Deed of To tall or the Mole which can be given collect without in* conflicting provision. and to this and the Provisions of the Deed of Trust and the Note are declared to be severabit Borrower Iles executed this De&d of Trust the dAe written &bow William Je rhein Doris L e 'rhein . Bnttower p.rrrr•welr 7 I r` r� ti