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<br />16. Mieesommieue Proomens.
<br />(a) ftlower Not ReNseed. Extension of the time for ower ificallOnopera�zallon. any ims recure biay this
<br />Deed of Trust granted by Londerloanysuccessoir
<br />of the original Borrower and Borrowers successors in interest Lender shah not be required to commgncs prccdedinga rigainst
<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 suceeeaors in infaroat
<br />(b) LaNWO rowers. Without affecting the liability of any other person liable for the payment of any ohiigstion herein
<br />mentiorterk and without affecting the lien or charge of this Deed of Trust upon arty portion of the Property not than or theretofore
<br />released as security for the cull amount of all unpaid obligations, lender may, from time to time and without notice eewe eany
<br />person so liable. (ii) extend the maturity or after any of the terms of an such obligations, 010 grant other Indu release
<br />or reconvey. or cause to be released or reconveyed at any time at L.rritder'a option any parcel, portion or all of the Property,
<br />(v) take or tetease any other or additional security for any obtigtY4*, trttrein mentioned, or (vi) make compositions or other
<br />arrangements with debtors in refation thereto.
<br />(c) Forbearance by Lender Nat a Waher• Any forbearance by Ponder in extrrising arty right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not be a waiver of or paeciude the exercise of, uny such right or remedy_ The
<br />procurement of insurance or the paymentattaxes or other liens or charges by Lender shall nat,pe a waiver of Lenders right to
<br />accelerate the maturity of the indebtedness; secured by this Deed of Trust
<br />(d) Succeeeae and Aesiprw eoattdi 3aifd ind,Kel (� ybgity; Captions. Tt)e:coveniairiittend agreements therein con -
<br />rained shall bind, and the rights hereurnd4:si±itit i ^, t n, the respective successafs and. afsigns of lender and Trustor. All
<br />covenants and agreements of Trustor shailai¢ ;aireeat?1t sweral. The captions and headings of, the paragraphs of this Deed of
<br />Trust are for convenience only and are not 'ta?:e used to interpret or define the provisions herrirf:
<br />(e) RegV Mfer Nolkee. The parties hers0y request that a copy of any notice otdefault h.e,jiitiiterand a copy of any incgoe
<br />of sate hereunder be mailed to each party to this Deed •of Trust at the address set forth ab1011.ki;n the manner prescribed 8y
<br />i p ((tzable law. Except for any other notice required ' adw applicable law to be givtd► In another manner, any notice p.-lotiitled
<br />(bi• in this Deed of Trust shalt be given by mailing such rr��ce by certified mail'adiaM- tt4d to the other parties, at the ad&MG,aet
<br />forth above. Any notice provided for in this Deed of Trust shall be effective upar,',rrfing in the manner designated heceii^s if
<br />Trustor is more than one person, notice sent to the address set forth above sh.84#16 notice t'a �?i such persons.
<br />(t} hopecOwL Lender may make or cause to be made reasonable entries of qn ixnd inspe 1lbns of the Property, provided ;
<br />that lender shall give Trusta#f i hfjiai! prior to any such inspection specifying rs+iWii able Vaira therefor related to Lender's
<br />interest in the Property.
<br />(g)Reca a nee, uponpaytrentiiFf01sumssecuredbythisDeedotTrust :U=i't)di' sha ivquestTrusteetoreconveythe
<br />Property and shall surrender this Deed a, -Trust and all notes evidencing Irtdebtihdnesi3secW tirli'og this Deed of Trustto Trustee.
<br />Trustee shall reconvey the Piopertyr �witlioui warranty and without chas=e to the person Cr petaons legally entitled U'wOo.
<br />Trustor shall pay all costs of rKgrdation, it any
<br />(h) P,srsorr a property; tilicuriry Agreement As additicnal security for the payment of the Note. Truster:' hereby grants
<br />Lender under the Nebraska Uniform Commercial Code a security interest in all fixtures. equipment, and other personal property
<br />use6 in connection with the real estate or improvements Iccared thereon, and not otherwise declared or deemedto be a partof
<br />the real estate secured hereby. This instrument shall be con;rtrued as a Security Agreement under said Code, and the Lender
<br />shall have all the rights and remedies of a secured paryr under said Code in addition to the rights and remedies created under
<br />and accorded the Lender pursuant to this Deed cf Trust; provided that Lender's rights and remedies under this paragraph shall
<br />be cumulative with, and in no way a limitation an. Lenders rights and remedies under any other security agreement signed by
<br />Borrower or Trustor.
<br />(t) LNne and Encurnbrancei . Trustor hereby warrants and represents that them,is no default under the provisions of any
<br />mortgage. dead of trust tease or purchase contract describing allirrr any part of the Properly,. ox other contract Instrument or
<br />agreement constituting a lien or encumbrance against all or any. part of the Property (colts F fy, "Lions"), existing Tr Oft"
<br />dab of this Deed of Trust and that any and atl;exiuthtg Liens remain unmodified except as fd,�sclosed to Lender in Trustor'.
<br />rsntten disclosure of Liens and encumbrances provided for herein. Trustor shril, Vihely perform all of 7,
<br />n,�ih7r's obligations,
<br />covenants, repr&wtations and warranties under any and all exisiting and future tallies. shall promptly for*4fro Lender copies
<br />of all notices of'(AdAult sent in connection with any and all existing or future Uensi and shall not without Lender's prior Written
<br />consent in arty mru►ner modify the provisions of or allow any future advances under any existing or future Liens.
<br />0) Appikagwoi Payments. Unlcss otherarire required by lawn. sums paid to LC:r :der hereunder, including withouttimllation
<br />payments of principal and'interest insurance proceeds, condemnation proceexis'dnd rents and profit3_$hall be applied by
<br />Lender tothe amounts dueand owing from Trustor and Bar rower in such order i4bender in its sole discreWn deems desirable.
<br />(k) t)ieverabllfty. if any 't;tovision of this Deed of Trust conflicts with apC'araWe law or is declared invalid or otherwise
<br />unenforceable, such conflict or invalidity shall not affect the other provisons atit:is Deed of Trust or the Note which can be
<br />given effect without the conflicting provialm and to this end the provisions of the Deed of Trual and the Note are declared to be
<br />severable.
<br />(1) Tense. The terms "Trustor' and "Borrowei' shall include both singular and:ptural, and when the ?rustic and Borrower
<br />are the same person(s� t)hoso terms as used in this Deed of Trusts , irti rt Ir�ingeaWe.
<br />(m) (;OrN"ft Law. This Deed of Trust shall be governed the 1 s of tre state of Nebraska.
<br />Trustor has executed this Deed of Trust as of the date written abov .
<br />(Venneth E. clack, Trustor Husband)
<br />Q' CJwife
<br />fyll A. Clerk. Trustor
<br />�.1
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