90106575 - Laserfiche WebLink

Browse

- .� lilyOl�ii�, 1�3�r' 1::,___..-.. JI�Itl1� .IMi�!�Ya�1�1•bMiiArws..:.. - .. - -•. -.... • _ -__.. _ 1S. Miateft"e N poodwene. (a) gerroww Not PlelionW. Extanslon of tfta time Mr payment or modification at amortitaUon 011119 BUMS Willed by this Deed of Trutt granted by Lender to any successor In inWee, of Borrower &.hall not operate to release, in any manner, tha 0abilily of the origlaill gorrowa► and Borrower's wccossora in In*raat. Lander shill not loo required to comma nce proceadings agalntt zuzh V140=- -tor ,..1... :MnCt tame for paYmartl or otherwise modity amortization of the turns secured by this used of Trust by reason of any domanda made by the original Borrower and flortowsr s suvuwit 1a- Ia 11 -6-1 (b) Lender'e Powu Without affecting the liability of any other person liable tot the payment of any obligation herein mentioned, and without affecting the lien or charge of this Deed of Trust upon any potion of dns Prop" nol then or theretofore released as security for the full amount of all unpaid obligations, Lender may, from tithe to time and without notice (i) release any person to liable, (ii) extend the maturity of alter any of the terms of any such obligations. (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at Leader's option any parcel, portion or all of the Property, (v) take or Masse any other or additional security for any obligafion herein mentioned, or (vi) make compositions or other arrangements with debtors in rotation thereto. (c) Forbearance by Lender Not a Walwr. Any forbearance by Lender in exercising any right or remedy hereunder, of othef-laae afforded by applicable" law; shall not be a waiver of or preclude the exercise of any such right or remedy. The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Landers right to accelerate the+ maturity of the indebtedness secured by this Deed of Trust (d) Succeartode and Atafgns Bound; Joint and !several L MNly; Captfota. The covenants and agreements herein can- (d) tained shall bind; and the rights hereunder shall inure to. the respective successors and assigns of Lender and Trustor. All covenants and agreements of Trustor shall be joint and several. The captions and headings of the paragraphs of this Dead of Trust are for convenience only and are not to be used to Interpret or define the provisions hereof. (9) RequM br it ft - The parties hereby requestthat a copy of any notice of default hereunder and a copy of any notice of sale hereunder be chaffed to each party to Ws Deed of Trust at the address set forth above in the manner prescribed by applicable law. Except for any other notion B4r nIld under applicabte lawn to be given in another manr1 r, any notice provided for in th18 Deed of Trust shall be given by maiti rig such notice by cadf; ed snail addressed to the other parties. at the address set forth above. Any notice provided for in this Deed of Tnsst shall be effW -N-e upon ma r"M9 in the manner designated herein. If Tnwor is more than one person, notice sent to the addrest set forth above shall be notice to all such persons. (p Inspaefbn. Lender may make or cause to be made reasonable entries upon and inspections of the Property. provided that Lender shall give Trustor notice prior to any such inspection specifying reasonable cause therefor related to Lender's Interest in On Property. (g) Recoewyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trustee to reconvey file (Property and shall surrender this Deed of Trust and all notes evidencing Indebtedness secured by this Deed of Trust to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto. Tlnastor shall pay all costs of recordation. if any. (h) petaonat Property; Security Agrewamt. As additional security for the payment of the Note, Trustor hereby grants Lender under the Nebraska Uniform Commerc+al Code a security interest in all fixtures. equipmen„and ofhet personal property used in connection with the real estate or impovements located thereon. and not otherwise declared or deemed to be a part of the real estate secured hereby. This instrument shall be construed as a Security Agreement under std d Code, and the Lender sfaushave all the rights and re vedies of a secured party under said Code in addition to she rights and remedies created under andaccorded the Lender pummant to this Deed of Trust provided that Lender's rights ant remedies under this paragraph shall be cumufativewith. and in no way a limitation on. Lenders rights and remedies under any other security agreement signed by Borrower or Trustor. (1) 0.3—W a,--4 Truster hereby warrants and represents that there Is no default under the provisions of any? mortgage. deed of trust, lease or purchase contract describing all or any part of the Property. or other contract, Instrument or agreement constituting a lien or encumbrance against all or any part of the Property (collectively. "Uens'1, existing as"bC the daft of this Deed of Trust. and that any and all existing Liens remain unmodified except as disclosed to Lender in. Thigors xi+tn di.Wvsrzte of liens and encumbrances provided for herein. Trustor shall timely perform all of Trustors obligations. covenants. ep+wentations and warrantiesuzder any and all exisiting and future Liens. shall promptly forward to Lender copies of all notices of default sent in connection wit: any and all existing or future Liens, and shall not V.1mout lenders prior written consent in arrt'majinev modify the provisrons of or allow any future advances under any existing of future Liens. 0) AppVc4 crt.ai Raymvam%. Unless 6sw wuse requtred by law. sums paid to Lender hereunder, including without limitation payments of pt iicipal and, InlLnvat insurance proceeds, condemnation proceeds and rents and profits, shall be applied by Lender to the amounts due and owing from-Trustor and Borrover in such order as Lender in its sole discretion deems desirable. (k) severabray is any provislan a ',17Z Dead of Trust co ifficts w-* applicable law or is declared invalid or otherwise unenforceable, such contlict or invalidity. shall not affect the other prcdsons of this Deed of Trust or the Note which can be given effect without the conflicting prov,416 r. and to this end the provisions of this Deed of Trust and the Note are declared to be severable. (1) Terms. The terms "Trustor" and "Borrower" sh3) it -r ijde both singular and plural, and when the Trustor acrd Borrower are the same person(s), those terms as used in this Deed of Trust shall be interchangeable. (m) Governing Law. This Deed of Trust shall be governed by th,2,,Uwrs of the State of Nebraska. Trustor has executed this Deed of Trust as of the date written above. ,lam ACr� Ricardo C. A onr.o Trustor Trustor } i