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v <br />F • <br />g9� 145439 <br />• to flltesatansatr& Pitertdae.. <br />(a) ftrmwm NO Released. Extension of the time for payment or modification of amortization of the sums secured by this <br />r, Deed of Trust prsrtNd by Lender b any successor in inlsrwl of Borrower shall not operate t0 release. In any manner, the IiabWt!► <br />of the original Borrower and Borrower's successors in intareet Lender &hail not be required to commence proceedings agsirrt <br />- such successor or refuse to extend time for payment er otherwise modify amortization of the sums secured Irl this Dead of Trust <br />by raseon of any demands made by the original Borrower and Borrower's successors in Interest. <br />-- -- ------ - -_T�• •-� . ".. -- - - -•- •` iyineii8viiliti- vianjl- v' u` twpanotsiiaois -ivriirbpayrrienivi ... _. <br />- <br />-mentioned, and without atlsctiting the lien or charge of this Deed of Trust upon arty portion cif the Property not dun o►wereloliore <br />released as security for the full amount of all unpaid obligations, Lender may, from time to time and withoutnatice (i) relossasny <br />pawn aeo Mlebts; (ii) extend the maturity or altar any of the berms of any such obligwtions, (iii) grantottw kxkdgarrces,-(iv) release <br />W reconvey. or cause to be released or reconveyed at any time at Landers option any parcel, portion o: wN of the Property, <br />(v) take or release any other or additional security for any obligation herein mentioned, or (vi) make compositions or cow <br />arrWtgerrrertts with debbrs in relation thereto. <br />(c) Forbaerawoe by Lewdw Mot a Waiwr. Any forbearance by Lender in exercising any right or remedy hweurrder, or <br />otherwise afforded by applicable taw, shall not be a waiver of or preclude the exercise of any such right or remedy. Ti*e <br />procurement of insurance or the payment of taxes or other liens or charges by Lender shalt not be a waiver of LpndePs rightto <br />accelerate the maturity of the Indebtedness secured by this Deed of Trust <br />` (d) saeoeseers sad Assigns Wintry feint and sward LhbiMty; CgWwa. The covenants and a herein con.- <br />, leered shall bin4 and the rWft hereunder shall inure to. the respective successors and assigns of t wdw, end Trustor. Aft, <br />' <br />covenants and agreemenk OTrusbr shall be joint and several. The captions and headings of the parsigraFftis of this Owed at :. <br />::.,h`! <br />= Trust are for convenience only and are not to be used to interpret or define the provisions hereof. <br />(s) Rsilrraelli f r Minces. The parties hereby request that a copy oftny notice of default Hereunder and a copy of any rrc?lire . <br />of $ale hereunder be mailed to each parry to this Deed, of Trust at tins= address set forth above in the manner preectibod by <br />applicabN law. Except forsrtyt other notice required under applicable law to be•giveri in another manner, any notice provider) <br />for in this Deed of Trust shall be given by mailing sucknotice by certified mail addr 411 to the other parties, at theaddrmset <br />forth above Any notice liwvirted for in this Deed of Trust shall be effective upon mailing in the manner designated heneiii, d <br />Trustor Is mate tham one person, notice sent to the address set forth above shall be notice to all such persons. <br />-- - <br />(f) InspecMar Render may make or cause to be made reasonable entries upon and inspexttens of the Property, provided <br />that Lender shatl'give Truster notice Rdar to any such inspection specifying reasonable caursetherefor related to Lenderb <br />interest in the Property. . <br />} (g) Rom - V yawee. hlparr. pgymert of all sums secured by this Deed of Trust. Lender shall request Trustee to reconvey on <br />Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Truslm <br />Trustee shall resa►fvay ft Property without warranty and without charge to the person or persons legally entitled Mvn*3. <br />- <br />Trustor shall pry, ail costs of recordation, if any. <br />(h) Possaii Pmpwty; 3ecurNy •Agrooment. As additional security for the payment of the Note. Trustor hereby grants <br />Lender under the Nebraska Urtilurm Commercial Code a security interest in all fixtures, equipment, and other personal property <br />used in connectkm with the OWs estate or improvements located thereon, and not otherwise declared or deemed to be a part of <br />_ <br />the real estate secured hereby. This Instru-ment shalt be construed as a Security Agreement under said Code, and the Lender <br />shall have all ft rights and remedies of a secured party under said Code in addition to the rightsand remedies created under <br />and accorded the Lender pursuant to this Oeed of Trust; provided that Lender's rights and remedies under this paragraph shall <br />be cumulative with, and in no way a limitation on, Lender's rights and remedies under any other security agreement signed by <br />Borrower or Truster. <br />(i) Llloee wad Entwnbrancee, Trustor hereby warrants and represents that there is no default under the provisions oREany <br />mortgage, dead of trust, lease or purchase contract describing all or any part of the Property, or other contract. Instrumftrrta it <br />agreement coratiixl og a lien or encumbrance against all or any part of the Property (collectively. "Liens "), existing st 4,jAe <br />date of this Deed of Trust, and that any and all existing Liens remain unmodified except as disclosed to tender in Tr*(sir <br />written disclosure of liens avd encumbrances provided for herein. Trustor shall timely perform all of Trustor's- obligations. <br />covenants, representations amd warranties under any and all exisiting and future Li". shall promptly forward to Lender copies <br />of all notices of default sent !.^ connection with any and all existing ew 9.2ure Liens, acid shall nr,,t without Lender's prior written <br />; <br />consent in any manner modify the prc%inic;% of or allow any future :4irances under any euittl� or future Liens. <br />(j) AppNeaYen of PaymertM. Unless Mll vwise required bylaw, s:rins paid to Lender hsrew"r•.o�w. including without limitation <br />payments of principal and interest, insurance proceeds, condemnatiop proceeds and rents and profits, eel be applied by <br />Laridef to the amounts due and owing from Trustor and Borrower in such order as Lender in its sole discretiar Ov ems desirable. <br />rr° <br />tit) SevefaMllry. If an; provision of this Decd of Trust conflicts with applicable law or is declared inits¢ic2 or otherwise <br />unenforceable. such conflic".,or invalidity shall not affect the other provisons of this Deed of Trust or the Nato which can be <br />given effect withcultheconfiicting provision, and to this end the provisions of this Deed of Trust anothe Noteare declared tope <br />q. <br />severable. <br />(1) Tense. The terms '?rumor" and "Borrower" shall include both singular and plural, and when the Trustor and Scrrower <br />- <br />are the same person(s), t!tatu, isrms as used in this Deed of Trust shAlMiffferchangeable. <br />(m) Law. Tt. ;% Deed of Trust shall be governed by a law of the State of Nebraska. <br />Trustor ex u this of ust as of the date written above. <br />_ <br />6- <br />R• ark HUdWx1d (V E. Clark, Trustor usband ) <br />Lost: L• C ale ct Wlfe ..� yll . iark, Trustor Wife) <br />