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16. Miscellaneous Provisions. <br />88- -10478O <br />�^ (a) ebrrotwer Not RefNased. Extension •01 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 liabilit4f . <br />of the original Borrower and Borrowers successors in interest Lender shall not be required tocommence proceodingsagainst: <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) Lender's Powers. Without affecting the liability of any other person liable for the payment of any obligation herein <br />mentioned, and wifhoutaffecting Me lien or charge of this Deed of Trust upon any portion of the Property notthen or theretofore ' <br />± released as security forthe full amount of all unpaid obligations. Lender may. from time to time and without notice (i)release any. <br />person so liable. (ii) extend the maturity or alter any of the terms of any such obligations, (iii) grant other indulgences, (iv) release <br />i 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 release any other *or additional security for any obligation herein mentioned. or (vi) make compositions or ether <br />arrangemens with debtors in relation thereto. <br />(d) France by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or <br />otherwisF-- of aided by applicable law, shall ndt be a waiver of or preclude the exercise of any such right or remedy. Ttia• _ <br />procurerrO.Tof insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's righttp - <br />nrcetemiLi fife maturity of the indebtedness secured by this Deed of Trust <br />(d) Stitidessors and Assigns Bound; Joint and Several Liability; Captions. The covenants and agreements hereh con <br />r twined ahaa'Ji fbind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and .Trtl&tt1%'Ali <br />covenants w.d agreements of Trustor shalt be joint and several. The captions and headings of the paragraphs ot,dtls:R of,, <br />Trust are for convenience only and are not to be used to interpret or define the provisions hereal <br />(e) Request for Naisyes. The parties hereby request that a copy of any notice of default hereunder and a copy of arty AQ iG@ <br />cf sate hereunder be ^mac ;i%! to each party to this Deed of Trust at the addius% set forth above in the manner preaerl0ed.by <br />a�plicable- taw. EKCep'rr a:ry other notice required under applicable law to be given in another manner, any notice vidrarf' <br />rpr. fn ihist "qfT;: c3` s :311 be given by mailing such notice by certified mail addressed to +he otherparties, at the ad tser <br />�:ah abctiya iAny nc�oi':,�rovided fcr in this Deed of Trust shall be effective upon mailing. In -the manner designated. ff{rrim.It; ' r <br />Trustor is more tha.-r .G erson, noaca sent to 177 address set forth above shall be notice.to all•sueh persons.., <br />(f) hapeetlon. Leridai; may make or cause to to made reasonable entries upon and inspections dt file Property. prau ded! ' <br />` that Lender shall give Trrustor notice prior to a-.s s :ch inspection specifying reasonable cause thdrefor related to, Lender's <br />interest frr:(iu; Property. <br />(g) Ri initmoyance. Upon payrpo,*ial a;l s 'ms secured by 5 ?;s Deed of Trust, Lender &.all request Trustee to ram m* the'. <br />Property a -fl, Tphall surressIer this Desl:criTrust and all notes evidencing indebtedness secured bythis Ceed of,Trustto Trustee. ' <br />Trustee shall reconve) 11` e. Propeq. , wiltaut warranty and without charge to. the person or persons tagalljt entitled thereto. <br />Trustor shall pay all coVz of recorda ;z r, if any. <br />(h) Personal Property; Socur ft Agreement. As additional security for the payment of the Nola, Trustor hereby grants <br />Lender under the Nebraska Uniform Commercial Code a security interest in all fixtures, equipment, and other perscnaf. property <br />used In connection with the real estate or improvements located thereon, and not otherwise declared or deemed to fits a part of <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 secu red party under said Code in addition to the rights and remedies created under <br />and accorded the Lender pursuant to this Deed of Trust; provided that Lender's fights and remedies urrderMtis paragraph shall <br />1 be cumulative with, and in no way a limitation on, Lender's rights and remedies under any other security,.greemerst signed by <br />Borrower or Trustor. <br />0) Liens and Encumbrances. Trustor hereby warrants and represents that there is no default under ;he provisions of any <br />mortgage, deed of trust, lease or purchase contract describing all or any part of the Property, or othaa'=4ract.Instrument or <br />a<;reement constituting a lien or encumbrance against all or any part of the Property (collectively, "U.'a :s'1. existing as of the <br />date of this Deed of Trust and that any and all e0,19ing Liens remain unmodified except as disctosed-to Lender in Trustor's <br />written disclosure of liens and encumbrances pra-sded for herein. Trustor shall timely perform all of Trustor's obligations, <br />covenant.,.representations and warranties under any and all exiw *ing and future Liens, ,411&1, , promptly forward to Lender copies <br />C" all nctces of default sent in connection with a., aid all ex , ?rg or future Liens, and se all 11 not without Lender's prior written <br />consent in any manner i_r:odify the provisions of-ar ulow any 9,,ture advances under any existing or future Liens. <br />Q) Appkation oil Payments. Unless otherw i 4e r e ,fired by 'aw, sums pfd to Lender hereunder, including without limitation <br />payments of principal and Interest, insurance proceeds, ccndemnation proceeds and rents and profitu, shalt be applied by <br />i Lender to the amounts due and owing -from Trustor and Borrower in such order as Lender, in its sole discretion deems desirable. <br />(k) SeverabiNty. If any provision & this Deed of Trust conflicts with applicable 'w* or is declared invalid Qr'aiherwise <br />unenforceable, such conflict or invalid'.2y shall not affect the other provisory of this Deed of Trust or the Note wbi0i can be <br />..given effect without the conflicting provision, and to this end the provisions ,zT tibia Deed of Trust and thea-fticte are declared to be <br />• "verable. <br />(1) Terms. The trums "Trustor" and "Borrower" shall include both) s;%y A-a:• and plural, and when the Trustor and Borrower <br />are the mile person(s), those terms, as used in this Deed of Trust s15 •• ,(nterchangeatle. <br />(m) GavtenkV Law. This Deed of Trust shall be governed b a laws of the State of Nebraska. <br />Trustor has exrtc :ed this Deed of Trust as of the date written above r r <br />E. Clark, Trustor Husband) <br />. n <br />(Phyllia,4. Clark, Trustor l4ife) <br />L <br />..1 <br />