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� VI <br />{ <br />. -AlAx <br />ice:: ± ►+��.la.�..3� >� .s:. <br />K <br />._ tY <br />Ri <br />..1 <br />J <br />te, flNlaosNsnsigir NM alleas. <br />90-- 107053 <br />(a) serfosesr Not 11eMassd. Extension of the time for payment or modlllcsllon of amortization of the sums secured by this <br />and of Trust granted by Lender to any successor in interest of Borrower shall not operate to rouse. in any manner, the Ilabllty <br />of the original Borrower and Borrower's successors In interest, Lender shill not be required to commence proceedings against <br />suoh successor or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Deed of Trust <br />by reston of any demands mode by the original Borrower and Borrower's successors In interest. <br />(b) Lender's Polvara. Without affecting the liability of any other person liable for the payment of any obligation heroin <br />mentioned, and without e"Itted as security for the affecting emoun of all unpaid obligattiions, Lender ay tfromNmeto of <br />me an Property he t notice (1) release any <br />person so liable, (IQ extend the maturity or alter any of the terms of any such obligations, (ill) grant other indulgences, (iv) release <br />or (v) take o e a ease to be <br />heror dd additional security for any o time at bligation here n mentionedpor (vq make Compositions Porr Property, <br />arrangements with debtors In relation thereto. <br />(c) Forbearance by Lender Mot a Walter• Any forbearance by Lender in exercising any right or remedy hereunder, or <br />othorwlso afforded by applicable law. shall not be a waiver of or preclude the exercise of any such right or remedy. The <br />procurement of insurance or the payment of taxes or other liens or charges by Lender %11011 not be a waiver of Lender's right to <br />accelerate the maturity of the indebtedness secured by this Deed of Trust The Covenants and agreements herein con - <br />(d) Succesto slg <br />re and Aene Bound; Joint and Several Liabli ft; CaPtlsns. <br />pined shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Trustor. All <br />covenants and agreements of Truster shall be joint and several. The captions and headings of the paragraphs of this Dow of <br />Trust are for convenience only and are not to be used to interpret or define the provisions hereof. <br />(e) Requedfor Moycp, The parties hereby request that a copy of any notice of default hereunder and a copy of any notice <br />of sale hereunder be mailed to each parry to this Deed of Trust at the address set forth above in the manner prescribed by <br />applicable law. Except for any otheT notice required under applicable law to be given in another manner, any notice provided <br />for in this Dead of Trust shall be given by Mate. ing such notice by certified mail addressed to the other paTtias, at the address set <br />forth above. Any notice provided for In this Pest of Trust shall be effect:ne upon mailing in the manna? designated herein. if <br />Trwator is more than one person. notice sent to the address set 'forth above $hall be notice 10 all such persons <br />(q Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property, pravlded <br />that Lender shall give Trustor notice prior to any such Inspection specifying reasonable cause therefor related to Lender's <br />Interest in the Property. the <br />(g) Reconvsyance. Upon payment of 0, sums secured by this Deed of Trust, Lender shall request Trustee to reconvay <br />Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee. <br />Trustee shall reconvey the P,roperlY without warranty and without charge to the person or persons legally entitled thhereto. <br />Tnasta iirfill pay all costs - rmcordatlon.. Il any <br />(h) Pentimsl Property: Security Agreement. As additional security for the payment o' the Nate. Trustor hereby grants <br />Lender under the Vebraska Uniform Commercial Code a security Interest In all fixtures, equipment, and other personal property <br />used in connection with the real estate or improvements located thereon, and not otherwise declared or deemed to be a part of <br />the real estate secured hereby. This Instrument shall be construed as a Security Agreement under sold 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 Lender pursuant tl provided rights a remedies l paragraph <br />be cumulative with. and In no waya limitation on. Lender's rights and emediesunder ny other security agreement by <br />Borrower or Trustor. <br />(1) Lima and Encumbrances. Trustor hereby warrants and represents that there is no default under the provisions of any <br />mortgage, deed of trust, lease or purchase contract describing all or any part of the Property, or other contract, instrument or <br />agreement constituting a lien or encumbrance against all or any pan of the Property (collective) "Liens"). existing as of the <br />date of this Deed of Trust, and that any and all existing Liens remain unmodified except as disclosed to Lender in Trustor's <br />written disclosure of Irons and encumbrance$ provided for herein. Trustor shell timely perform all of Trustor's obligations, <br />covenants, representations and warranties under any and all exisiting and future Liens, shell 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 In any manner modify the provisions of or allow any future advances under any existing or future Liens. <br />Q) Application of Payments. Unless otherwise required by law, sums paid to Lender hereunder, including without limitation <br />payments of principal and interest, insurance proceeds, condemnation proceeds and rents and profits, shall be applied by <br />Lender to the amounts due and owing from Trustor and Borrower In such order as Lender In its sole discretion deems desirable. <br />(k) Sevarablltty. If any provision of this Deed of Trust conflicts with applicable law or is declared invalid or otherwise <br />unenforceable, such conflict or invalidity shall not affect the other provssons of this Deed of Trust or the Note which can be <br />given effect without the conflicting provision, and to this and the provisions of this Deed of Trust and the Note are declared to be <br />severable. <br />(1) Terms. Tto terma:'Irustw*. and " oorrower" shall Include both singular and plural, and when the Trustor and Borrower <br />are the same pOraoft(s),,Me lsrtW%I t6eddlnthis Deed of Trust shall be Interchangeable. <br />(m) Qoveming Low. Th~ &V-%st4hall be governed by the laws of the State of Nebraska. <br />Trustor has executed thin {bbdrf 15111101111185 ollthe'date written above. <br />T S r Corporation <br />( Rtasaran Buck, Trustor President) <br />I: <br />•'t I�ti 1': �. <br />r <br />_t'.. <br />