|
105344
<br />tie. MMcMeaean Proeiaieas.
<br />(4) ffartew - Nat Iflelaseed. Extension of the time for payment or modiIcaiion of amor nMon of the sums secured by this
<br />DW W Tru gmriMd by Lender toany succaew in intmsnof ewowor shall notoperale-to rshsae, in arty manntrr.ltw ffsldliryf. _....._r` ._ . .
<br />Of fhe original 9orrowarand Borr&&Ws successors in lnt west Lander sMil not be required b commence prbces flos =Wffat.
<br />- su ads fw` wailoaxd omsforpayntant orotiterwtss aimoniza oti n otime wma
<br />secunedtj it �iect af.TnJSt - -- by reason of atty demands mace by the original Borrower and Borrower's successors In interest
<br />(b) I.stdsr # f+sstisrs. Without a8scb'ng the liability of any other person liable for the payment of +any.ebligatfan. herein•
<br />mar>tioned.nd willil t)1N aftelling the Ilan or charge of this Dead of TnM upon any portion of Ue Properly ncdittwr ortltsisfnfotts
<br />rlNSaisd sir aacuriCy for tihe full amount of ail unpaid obligations. Lender may. from time flooring and wwkKd: novae (0 tyfsraui ante'
<br />Pierson Soli", (ii) extend the maturity or alter any of the terms of any such obligations. ( iii) grant odw indulgences. (iv) r+sleass
<br />a reconvay. or cause to be released or reconvsyed at any time at Lenders option -any perciel. poftn'or atlict ttie Property,.
<br />(v) take or release any otl±wit or additional security for any obligation herein mentioned, or (vQ make compasi wis or otter,
<br />arfarVements with debfbri�n relation thereto.
<br />(C) Fvrbeetwice by Lender lief a leafier. Any torbeatance by Lender in exercising any-right or remedy hemundon. or
<br />otherWise afforded by'applicable law. shall not be a waiver of or preclude the exerciser of. any iuch right or remodw. The
<br />procurement of Insurance of t —he payment of taxes or au,er liens or charges by Lender shall not be a walver, of Lendaeo right to ;
<br />accelE Ate to mat rity of �. �. r, debted teas securgO.*...;lhis used of Trust
<br />(d) Succe"m aee:lt404136 BOWM, Joktt silit Seidel Liability, !tea The covenants and 4iti ltrents hersin.con= '
<br />tamed shaft bind. and lira r s hereunder shall i fir® t� % the respsr ire,
<br />sors and assigns of Loiter and TErglttif�' iii .,;
<br />covenants and agreemett vii Trustor shall be point" ;;tevWall sis:t�ans and headings of fhe paragraphs of this`asig,,of •
<br />Trust are ttir ti ..
<br />ccirxsjrtiartpt 'Ittly surd are rti7t to De uapaEt .intet+ptEtdr �-Ane the provisions he rsof.
<br />(e) isv.Kl rs; The parties hereby rsgtiier�GSat a copy ci any notice of default hereunder and a copy of any notice .
<br />Of safe hereu 4tir' be ma> +sd to each parry to this l Trust at the address set forth above in the manner prescribed by
<br />spplicable law. Except for any other notice required'+dNer applicable law to be given in another manner, any notice provided
<br />far in this Dead of Trust shall be given by set
<br />marlin g such notice by certified mail addressed to the other parties. at mosoress
<br />fortis above. Any notice provided for in this Deed of Trust shalt be effective u M�
<br />pore mailing in the manner designated h". n. N `' �� ' �•:•. • '
<br />Trustor is more than one person, notice sent to the address set forth above shall be notice to all such persons. '
<br />(f) a Opacilo i Lender may make or cause to be m,,txte reasonable entries upon and inspections of the property, provided
<br />!&adt wKW shall give Trustor notice prior to any such Is spection specifying reasonable cause therefcrt —W aced to Lender's
<br />inwest in the Property. c
<br />(9) Meoawyanee. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trriige to recotWep� the'
<br />Property and .4i4 surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed:of trust tbrmplim
<br />Trustee shall recortvey the Property without warranty and without charge to the person or parsons hvwy entitled *web.
<br />Trustor shall pay all costs .p+ recordation, If any.
<br />(h) Pareottal Propsrtr- Security AgreewAmt As additional security for the payment of the Note, Trustor hereby grant
<br />Lender under the Nebraska Uniform Commercial Code a security interest in all fixtures. equipment and other personal properly
<br />used in connection with the real estate or improvements located thereon, and not otherwise declared or deemed to boa 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 secured party under said Code in addition to the rights and remedies created under
<br />and accorded the Lender pursuant to this Deed of Truz, provided that Lender's rights and remedies undgrtl,is paragraph shall
<br />be cumulative with, and in no way a limitation on. Lerrr",w's rights and remedies under any other security aoresment signed by
<br />6orrowsr or Trustor.
<br />(i) Llsm asd lEncur dwances. TrusWK hereby via, rents and repmsents that there is no default under the proylslor,s: fats any
<br />mortgage, deed of trust, lease or purchair, contract (1 +'scribing all or any pan of the Property, Or other contract, instrur�+� or
<br />agreement constituting a lien or encumbrance agilinstoil or any part of the Property (collectively. "Liens "), existing as of the
<br />dais of this Deed of Trust, and that any and all exisllgQ Liens remain unmodified except as disclosed to Lender In Truslor's
<br />written disclosure of liens and encumbrances prov. bled for herein. Trustor shalt timely perform all of Trustoes obligations,
<br />covenants, representations and warranties under any and all exisiting and future Liens, shall Pramptly forward to Lender copies
<br />of all notices of default sent in connection with any and all existing or future Liens, and shall net without Lender's prior wxitren
<br />Consent in any manner modify the provisions of cr a;JCw any future advances under any existing or future Liens.
<br />Q) AppNcstsn of Payments. Unless OtherwisEre�julrred by taw, sums paid to Lender hereunder, Including without limitation
<br />paynr,ents of principal and interest insurance prec(ItWzi, condemnation proceeds and rents and profits; shalt be applied by
<br />I.ctridier to the amounts due and owing from Trustor and Borrower in such order as Lender in its sole discretcrvd6ems desirable.
<br />tk) 130mablM1y tf any provision of this Deed of Trust conflicts with applicable law or Is declared irivalld or of evise
<br />unenforceable, much conflict or invalidity shall not affect the other provisons of this Deed of Trust or the Note whictV.cat;►ro be �
<br />Wi "effect wtttlout the conflicting provision, and to this end the provisions of this Deed of Trust and the Ncte al:e declared laj1 e `
<br />eever"abla.
<br />ZQ Tome. The terms "Trustor" and "Borrower' shall include both singular a od plural, and when the 7uy4cr and Oaom*er
<br />WO the some person(s), those terms as used in t his` �'ed of Trust shall be interchangeable.
<br />(m) GoverM Low. This Deed of Trust &UM be governed by the Taws f the State of Kiebraska.
<br />Tr executed Is Deed of Trust as of MO dale written above.
<br />asks, TrWUW (V th E. Clark Trustor HusbWW) .
<br />irW L. QLaM, Trliatw Wife 11' A. C1ask Trustor Wife)
<br />�J
<br />1
<br />t
<br />i
<br />
|