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<br /> � �`3�' 10�5"1�
<br /> �6. MI�cNi�oaa Rtavlslorti�.
<br /> (� (a} /orroMtar Nol lI�N�Nd.Extenston ot tl�e t�mt�tc�r paymant ar mud►IlGat�nn o1 amo�tization ot the eums Qecured by thle
<br /> � Ueed at Trus!�r�tnted by Lander to any eucceasar�n�ntare�t pf&��r�w4�Rhpil nc�t qpetate to releaae,in any mAnrter,ti�e liabi�ity
<br /> ot tAe orlpi�at F3�rrowar and 8ar►ower's duaceaaors in Intere�t.Lefldar ah�ii nnt be required to commenCe proceedin�s Apainst
<br /> euCh�ucctssor or r�t�se to extend time tar paymanf ar otherwi�muciit��amartir.t�t�on of ths a�ms atcured by thia Daed of Trus!
<br /> Dy reason o1 sny deman�s mede by the orlginnl Borrower and Bc�rrower'e succeaaors in Interea�
<br /> (b) LMrdN��RowKt. Witl�out sNecting the liability of enp otiiar pereon Ilabte fo�tt�e paymeM of eny oblipatfon herein
<br /> mentiuned,and wit�ou!flneCt{np the Ilen or chArge oi thia�aed at Trunf upon any portion ol the Prppetty nOt then or theretotore
<br /> reteaeed as securiry lor the full amount o!all unpald obligatianq,lendar may,fram tlme to time and without notice(i}releaae any
<br /> person ao Iiabte.�U)extend Me msturity or aitor any af the tArme of anp such obllpations,(111)prenf other indulgancea,(iv)�eleaae
<br /> o�reconvey.Of C81158 t0 b0�818888d Of t00011V0yIId At Af1y tititA 81 LCi1d8t's option any pa�Cel,portlon or sil of the Property,
<br /> � (v)take or retease any other or additional security far any obH�Atlon herein mentioned,or(vi) make compoaitlon�or other
<br /> a►►8nye�ments wiM debtors in reiat�on thereto.
<br /> (c) Fab�annc�br LMdK Not�Walv�r. Any torbearanaa by Lender in exerCising eny right or remedy hereund8r,or
<br /> otherwise afforded by applicable law, shall not be a walver at•or�p�eclude the exerCise ot any such right or remedy. The
<br /> procurement oi Insurance or tAe payment of taxes or other ilena or cherges by Lende�shall not be a waiver of Lender'a right to
<br /> accelerate the matu�iry of the indebtedness secured by thi9 L`eed o1 T�ust.
<br /> (d) Sc�e�sson and Assl��s 8ound:Joint�nd S�vtnl Lt�bllity;Csptions.The covenants and agreementa hereln con-
<br /> taincM sha�1 Rr+nd,and the rights he►eunder shall inuro ta,tha re&pective successor9 and assigns of Lender and Trueto►.All
<br /> covenants a:�d a9reemenis of Trustox sl��ail be�olnt and sevarql,7ha captions and headings ot the paragraphs of this Oeed of
<br /> Trwt Are tor co�veme�ce only and are aot to be used to i�te�pret or detine the pcavisions hereot. �
<br /> (e) RpuMl br NotkM.The par�s5 hereby rBqueat that a copy o1 any nau�e ot deiauithereunder and a copy of any notice
<br /> e�sale heraunder be mailed to eaGh�arry to this Ccasd of�ruat at the address set!erlb at�ove in the manner presc��bed by
<br /> applicable l�w.Except tor any otbeE ns;�ae requuett under appflcabte law to be given�r.an�ther mannar,any notiee p:avided
<br /> b�In this Q��01 Trust shau�e g�r•en��ma�ling such notice b}cenified ma�l addressed ta ihe other paRlea,at the addr,ess set
<br /> fClth eb0�re.Ary notiCe prmtidet!tor in ttn9 DHed et Trust Shf3::�e�fle�!ive upon maihng m the manner designeted herein.fl
<br /> Trustor+s mere Men one person,norice sent to 1Na a�wdress set turth above shall be notice to all auch persone.
<br /> (fl te�Clbn,l8nder may m8ke or esusa tv�e�ade reas�naOle entnes upon and inspections of the Prope►ty,provided
<br /> , that Lender S`�all give Trustor�otiCO pr��r to anX SuCR �nspect�c.^.specifymg reasonabie cause therefor related to Lender'a �
<br /> interest in Me Property.
<br /> � (p) R�canwyane�.Upon paymertt�f a:l S�mg 59C�red by thi9 Qeed ot Trust.Lender shall request Trustee to reconvey the _
<br /> Property end�hell surrender thts Qeed of Trust ancl asl notes ev�denc�ng mdebtedness secured by thia Deed ot Trust to Trustee. ,;s,,`
<br /> Trustee aha11 reconvey the Property w�thauUwarranty and wrthout cherge to the person or persons tegally entitled thereto. .;�,:;
<br /> Trustor shell pay all coste ot�ecordetion,d 8ny. ' T`
<br /> �h) �Onal Prop�Ay: S�utity Asr�m�n� As add�tional secur�ty for the payment ot the Note, Trustor hereby flrante i-
<br /> Lenaer under tho Nebraska Un�torm Cammeraal Code a secur�ty interest�n all t�xtures,equtpment,and other personel property -
<br /> .a. .. .� �� �a^�M� ...n n..a...on�o inn�n w .as. w er n A1hPf WiAA frI rorl�� ao oA n hn a�a nf
<br /> _ ;:�...r.:,a:.��.:...a:..:h a:�_... 5�.....,,r... ... . t�S..e.�..n, r... �! !�!e �_ m t _rt . . -
<br /> tne reai estate secured hereby.This���trument ahan be construed as a Security Agreement uttder seid Code,and the Lender . --
<br /> shall nave a11 the nghhs and�em�d�es ol a secured party under sa�d Code�n addition to the rlghts and remedles created under -
<br /> and accor�ed the Lender p Wsuant to this Oeed ot Trust,prov�ded that Lender's nghts and remed�es unde►this paragraph shalt
<br /> be CumulSt�ve with,and�n�p w8y e limitatiOn on.Lender's r�ghts and remetf�ee under any other seCUrity agreement signed by
<br /> Borrower or Truatvr. �
<br /> (i) �i�m aed E�aumb�ineN.Trustor hereby warrants and represents that tNere�e no detault under the provisiona of any _
<br /> mortgaqe.deeA of!►ust.►base or purc�ase Contrpct tlescnb+ng al1 or any part of the P►operty,ar other conVact.inatrument or
<br /> agreement Constitut,n0 a 1�en or enCUmbrance aga�nst e1t or any part ot the Prpperty(COtlectrvety,"Liens"),exfsting as oi the
<br /> date of this QeeA s1 TruSt end ihat any and all existmg L�ens remain unmodifled exCapt as disclosed to Lender in Yrustor's
<br /> writtEn diSclOSUre o1 I�@ns and encumbrences provitled for herem. Trustor shall timely perform all 01 Trustor's obU9ations,
<br /> covenants,repreaentstions and warranties under any and a11 oxiaiting and tuture Liens,shell promptly torwa�d to Lender copie�
<br /> � Of 811 nptiC@S Of dEtSUit Sent m COnffeCUOf1 wrth 8ny 8nd 811 ex�St�ng Or future Liens,and shall not withoul Lender's prior written .
<br /> . C4nSent in any manner mpd�fy the provisions o1 or allow any tuture advances under any existing or tuture Liens.
<br /> �) Applkation ol Paym�nb.Untess otherw�se reqwred by iaw,sums paid to Lender hereunder,including without Iimltation
<br /> payments ot princ�pal and interest,irtsurance proceeds.condemnotlon proceeds and rents and prof�ts,shall be appUed by =_
<br /> Lender to the am0unts due 8nd owing trum Trustor and Borrower in such order as lender in its sole discretion deems desireble. 7*�
<br /> (k) S�vMabMlty.H e�y provis�on ot this Deed ot•7rust contlicts with appliceble law or �s declared invafid or otherwise
<br /> unentorceable,suCh coMlict or inval�d�ry shall not aNect the other prov�sons ot this Oeed of Trust or the Note which can be �-
<br /> giv8n efteC4 withaut the coMhCUng prows�on,and to thls end the provisions ot th�s Deed of Trust and ths Note are declared to be r��'"
<br /> seve�able.
<br /> (I) TKms.the terms"Trustor"anQ"Bonower"shall mclude both smgular and ptura►.�and when the Trustor and Borrower
<br /> are the same person(e).those te�ma as used in this Oeed of Trust sha11 be�nterchangeaDl9.
<br /> .,
<br /> (m) Gowr�inQ I.�w.Tnis Deed ot Tiust shau be g�verned by the Iaws ot the State of Ne�raska.
<br /> Trustor has executed this Qered ot T�ust as af the date wntten above. �
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<br /> _^-� _.._Tr�stor {�abert P. Bohan)
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<br /> Trustor porothy L. Bohan)
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