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<br />M mbess eeous Pros,. 89-104741
<br />(a) Dorrowsr NM RelaseW. Extension of the time for payment or modification of amortization of the sums secured by this,
<br />Deed of Trust granted by Lender to any successor in Interest of Borrower shall not operate to release. In any manner, the liahiilty
<br />ofthe original Borrower and Borrower's successors in interest. Lender shall not be required to commenceproceedings against
<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 successors in interest.
<br />(b) L eadiWs-Powera. Without effectfng:fhsdiabillty of any. other person liable for the payment of any obligation herein
<br />meritior*4 and with out affectingtheelleh or'+�rfte ofthis Deed of Trust upon any portion of tho Property notthain ortheretofore
<br />released At smrity for the full arriqunfi:of a.1, r*Afd obligations, under may, from time to ftme and withoutnotice (i) release any
<br />person smliable, (ii) extend the matddly or a?ter. a�of the terms of any such abllgatlori% (iii) grant other indulgences, (iv) release
<br />or rec=x4y, or cause to be relessiidf- or recorfferyert at arty fimp at Lenders option any, parcel. portion or all of the Properly,
<br />(v) Wmp wr release any other or additional security for Ir Igation herein mentioned. or (vi) make compositions or other
<br />arrangern'ents with debtors in re fation thereto.
<br />tai. lFabearince by L,endsr Not A Wahnr: Any forbeafs6ce by Lender In exercising any right or remedy hereunder, or
<br />othereiise afforded by applicable law. shall riti'i be a waiver of or prectufte the exercise of any such right or remedy. The
<br />proct'ement of insurance or the payment of#res or other, liens or ch Wges tsy Lender shall not beraw-- per of Lenders right.f,Lo
<br />ec,pL94ri11a the maturity. of the ind W9dness secured by thiv Reed of Thist'
<br />SSeaessora and Assigpe x+i'd; Jak►t and Swerat LlabiMty: Captions. The. avvenants and agreemer � ttrr�ein
<br />*t&shall bind, srx�10e righ, Wl murder &isall inure to. the respective successors 2rtd assigns of Lenddr
<br />covenants and ag. rlts of TtusYor shalt betoint and several. The capiiams and 11&�Fngs of the paragraOt a°2n .mead ?d_ i
<br />Trust are for conveaaenoe only and are not to be used to interpret orde':rre the pncirisions hereof_
<br />(e) Roquedfor Notices. The parties hereby request that a copy of any notice of default hereunder and a cop,4 -bi any ncbos
<br />of sate hereunder be malted to each party to this Deed of Trust at the address set-.tai-L4 above in the manner c. ascribed by
<br />applicable law. Except for any other notice required under applicable law to be givers iii another manner. any notice provided
<br />for in this Deed of Trust shall be given by mailing such notice by certified mail addresso to the other parties, at the address set
<br />forth above. Any notice provided for in this Deed of Trust shall be effective upon mailing in the manner designated herein+..
<br />Trustor is more than one person, notice sent to the address set forth above shall be notice to all such persons.
<br />(f). Inspection. Lender may make or cause to be made reasonable entries upon is-rd Inspections of the Property, proviOW . .
<br />that :-L 2r shall give Trustor notice prior to any such inspection specifying reasorraLnIe cause therefor relatieVi:to Lenders
<br />intere*4 fn the Property.
<br />(g) Recon"yone e. Upon payment of all sums secured by this Deed of Trust. Lender shall request Trustee: -�aconvey the
<br />Property and shall swender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust toTrustee.
<br />Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto.
<br />Truster shall pay all costs of recordation, if any.
<br />(h) Pearsonai Property; Security Agreement. As additional security for the payment of the Note. Trustor hereby grants
<br />Lender under the Nebraska Uniform Commercial Code a security interest In all fixtures, equipment, and other personal property
<br />used In connectiortwith the real estate or improvements located thereon, and not otherwise declared or deemed to be a part of
<br />the real estate secui=4 hereby. This instrument eVall be construed as a Security Agreement under said Code, and the Lender
<br />shall have all the rid ?ts and remedies of a sectored party under said Code in addition to the rights and remedies created under
<br />and accorded t1tP r' ender pursuart.to this Deed of Try-; Gr•ovided that Lender's rights and remedies under this paragraph shall
<br />be curry jXwe Wrla, and in no why a limitation on. Lendki' t r tights and remedies underc.:ry other security agreerrent signed by
<br />Borrow =.t' or 'rT.4er:
<br />(i) Uans and 6nca iribranees. Trustor hereby warrants a:: d represents that thero .'s no default under the pr w. {,lions of any
<br />mortgage. deed of'"t, tease or purchase contract describing all or", b"Art of the P :operty. or other conttwja instrument cs
<br />agreenutcit constituting alien er a n cumbrance against all c r. any part of t'he Properly) (� :cIlectively, "Liens";;, rwlcitir y as of the
<br />date clili4ls Deed of Trust, and Mat any and all existing Ch=ris remain unmodified arxiot as disclosed to Lerr r :n Trustor's
<br />written disclosure of liens and encumbrances provided %c;bereln. Trustor shall timely perform all of Trustei'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 Ira any manner modify the provisions of or allow any future advances under any existing or future Liens,
<br />i p ,tgtilit:ation of Payments, llrless otherwise required by law, sums paid to Lender fie- eunder, including without limitation
<br />payrrrms t e of principal and intea:0, insurance proceeds, condemnation proceeds end iint:,.ard profits, shall be applied by
<br />Lender to the amounts due endowing from Trustor and Borrower in such order as Lend,--,r iii Hgit41.it. discretion deems desirable.
<br />(k) Seevarabllliy. If any provision of this Deed of Trust conflicts with applicable law or' :s daciared Invalid or otherwise
<br />unenforceable, such conflict or invalidity shall not affect the other provisons of this Deed of Tlfust or the Note which can be
<br />given Off4ct withoutthe conflicting provision, and to this end the provisions of this Deed of Tr45tand the Note are declared to be
<br />severaltle`.
<br />(1) Terms. The terms "Trustor" and "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) GkwernMtg Law. This Deed of Trust shall be governed by th ws the State of Nebraska.
<br />Trustor has executed this Deed of Trust as of the date written above. Z rr/ ,
<br />E. Clark. Trustor 'Husban
<br />,,g-e2 a,�
<br />A. Clark, Trustor Wife)
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