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<br />(a) lb,,Ov er Wall Released. Extension of the time for payment or modification of amortitatlon of tits sums secured by this
<br />Deed of Taut granted by Lender to any successor in Interest of Borrower stroll not operate to release, in any manner. the liability
<br />of the original Borrower and Borrower's successions In Interest Lander shill not be requied to commence proceedings against
<br />such successor or refuse to extend time for payment or otherwise modify amortization of the sumo secured by this Deed of Trust
<br />by reason of any demands made by the original Borrower and Borrower's successors In interest
<br />(b) Lender's Powers. Without affecting the liability of any other person liable for the paymen t of any obtlpftdon herein
<br />notthsnor theretofore
<br />mentioread, and without affecting the lien or charge of this Deed of Trust upon any portion of the property
<br />released as security for the full amount of all unpaid obligations. Lander may, from time to time and without notice p) release any
<br />person so liable, (i1) extend the maturity or alter any of the terms of any such obligations, (ill) grant other indulgences. (Iv) release
<br />or reeonvey, or cause to be released or reconveyed at any time at Lender's option any parcel, portion or all of the Property,
<br />(v) take or release any other or additional security for any obligation herein mentioned, or NO make compositions Or otlnr
<br />arrangemonts with debtors in relation thereto.
<br />(c) Forbearance by Lender Not a Waterer. Any forbearance by Lender rn exercising any right or remedy tier suridisr, or
<br />otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of spy such right or repiedy. The
<br />procurement of insurance or the payment of taxes or other liens or charges by Lender shall not boa waiver Ot Lendds right la
<br />accelerate the maturity of the indebtedness secured by this Deed of Trust
<br />Of Successm and Assigns Bound: Joint and Sev" LisbRR)p: Ciepili The covenants and agreements elan'" con-
<br />tained shall bind, and the rights hereunder shall inure to. the respective successors and assigns of Lender and Trustor. All
<br />covenants and agreements of Trustor shall be joint and several- The captions and headings of the paragraphs Of this Deed of
<br />Trust are for convenience only and are not to be used to interpret or define the provisions hereof.
<br />(e) Request to Notices. 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 party to this Deed otTrust at the address set forth above in the manner prescribed by
<br />applicable law. Except for any other 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 mailing such notice by certified mail addressed to the other parties, at the address set
<br />forth above. Any notice provided for In this Deed of Trust shall be effective upon mailing in the manner designated herein. If
<br />Trusts is more than one person, notice sent to the address set forth above shall be notice to all such persons.
<br />(1) ( aspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property. provided
<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.
<br />(g) Reeonveyenee. Upon payment of all sums secured by-this Deed of Trust Lender shell request Trustee to reeonvey the
<br />Property and shall surrender this Deed of Trust and all rotes evi.dencing indebtedness secured by this Deed of Trust to Trustee.
<br />Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto.
<br />Trusim "In I pay all costs Of rerpn/wtion 1 if any -
<br />(h) Pay"rual Property; Sscw ty Agx'eement As additional security for the payment of the Note. Trustor hereby grants
<br />Lender under the Nebraska Uniform Commercial Code a security ir!erest in all fixtures, equipment, and other personal property
<br />used In connection with the real estate o r improvements located ilia *ecn, and not otherwise declared or deemed to be a part of
<br />the real estate secured he eby. This instrument shall be construed as a Security Agreement under said Code, and the Lender
<br />shall have all the rights an;J remedies of a secured carry under said Ccde in ail-r.,-': on to the rights and remedies created under
<br />and accorded the Lender pursuant to this Deed of Trus!: provides Ina! Lender's T ghu and remedies under this paragraph shall
<br />be cumulative with, and in no way a lim•eatlon on, Lender 'a rights and remedies under any other security agreement signed by
<br />Borrower or Trustor.
<br />(i) Liens 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 contra(: (:ascribing all or any part of the Property, or other contract Instrument or
<br />agreement constituting a lien or encumbrance ayainat all or any part of the prop" (collectively, "Liens "). existing as of the
<br />date of this Deed of Trust, and that any and all exis•!ing Liens remain unmodi' ed except as disclosed to Lender in Trustor's
<br />written disclosure of liens and encumbrances provided for herein. Trustor stiali timely perform all of Truster's obligations,
<br />covenams. representations and warranties under any and all existing and lulure Liens. shall 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 Lenders prior wrimr,
<br />consent in any manner modify the provisions of or allow any future advances under any existing or future Liens.
<br />0) Application of Payments. Unless otherwise required by law, sums paid ID 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 a-, j Borrower in such order as Lender in its sole discretion deems desirable.
<br />(k) Severobilty. If any provision of this Deed of Trust conflicts with applicable law or is declared invalid or otherwise can be
<br />(oven feffectbwithout the conflicting provision. and oto his end he provisions of this Deed oDeed rust rndtthe Note are dec aired to be
<br />severable.
<br />(1) Terms. The terms "Trustor" and "Borrower" shall include both singular and plural, and when the Taustor and Borrower
<br />are the some person(s). those terms as used in this Deed of Trust shall be interchangeable.
<br />(m Governing Law. This Deed of Trust shall be governed by ".'re laws of the State of Nebraska.
<br />Trustor has executed this Deed of Trust as of the date written above.
<br />- I
<br />LeIan G. Stefff r
<br />Marilyn A. rteffenTrust
<br />WM�a ;:
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<br />ts. mmics r e" hovistorw.
<br />(a) lb,,Ov er Wall Released. Extension of the time for payment or modification of amortitatlon of tits sums secured by this
<br />Deed of Taut granted by Lender to any successor in Interest of Borrower stroll not operate to release, in any manner. the liability
<br />of the original Borrower and Borrower's successions In Interest Lander shill not be requied to commence proceedings against
<br />such successor or refuse to extend time for payment or otherwise modify amortization of the sumo secured by this Deed of Trust
<br />by reason of any demands made by the original Borrower and Borrower's successors In interest
<br />(b) Lender's Powers. Without affecting the liability of any other person liable for the paymen t of any obtlpftdon herein
<br />notthsnor theretofore
<br />mentioread, and without affecting the lien or charge of this Deed of Trust upon any portion of the property
<br />released as security for the full amount of all unpaid obligations. Lander may, from time to time and without notice p) release any
<br />person so liable, (i1) extend the maturity or alter any of the terms of any such obligations, (ill) grant other indulgences. (Iv) release
<br />or reeonvey, or cause to be released or reconveyed at any time at Lender's option any parcel, portion or all of the Property,
<br />(v) take or release any other or additional security for any obligation herein mentioned, or NO make compositions Or otlnr
<br />arrangemonts with debtors in relation thereto.
<br />(c) Forbearance by Lender Not a Waterer. Any forbearance by Lender rn exercising any right or remedy tier suridisr, or
<br />otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of spy such right or repiedy. The
<br />procurement of insurance or the payment of taxes or other liens or charges by Lender shall not boa waiver Ot Lendds right la
<br />accelerate the maturity of the indebtedness secured by this Deed of Trust
<br />Of Successm and Assigns Bound: Joint and Sev" LisbRR)p: Ciepili The covenants and agreements elan'" con-
<br />tained shall bind, and the rights hereunder shall inure to. the respective successors and assigns of Lender and Trustor. All
<br />covenants and agreements of Trustor shall be joint and several- The captions and headings of the paragraphs Of this Deed of
<br />Trust are for convenience only and are not to be used to interpret or define the provisions hereof.
<br />(e) Request to Notices. 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 party to this Deed otTrust at the address set forth above in the manner prescribed by
<br />applicable law. Except for any other 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 mailing such notice by certified mail addressed to the other parties, at the address set
<br />forth above. Any notice provided for In this Deed of Trust shall be effective upon mailing in the manner designated herein. If
<br />Trusts is more than one person, notice sent to the address set forth above shall be notice to all such persons.
<br />(1) ( aspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property. provided
<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.
<br />(g) Reeonveyenee. Upon payment of all sums secured by-this Deed of Trust Lender shell request Trustee to reeonvey the
<br />Property and shall surrender this Deed of Trust and all rotes evi.dencing indebtedness secured by this Deed of Trust to Trustee.
<br />Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto.
<br />Trusim "In I pay all costs Of rerpn/wtion 1 if any -
<br />(h) Pay"rual Property; Sscw ty Agx'eement As additional security for the payment of the Note. Trustor hereby grants
<br />Lender under the Nebraska Uniform Commercial Code a security ir!erest in all fixtures, equipment, and other personal property
<br />used In connection with the real estate o r improvements located ilia *ecn, and not otherwise declared or deemed to be a part of
<br />the real estate secured he eby. This instrument shall be construed as a Security Agreement under said Code, and the Lender
<br />shall have all the rights an;J remedies of a secured carry under said Ccde in ail-r.,-': on to the rights and remedies created under
<br />and accorded the Lender pursuant to this Deed of Trus!: provides Ina! Lender's T ghu and remedies under this paragraph shall
<br />be cumulative with, and in no way a lim•eatlon on, Lender 'a rights and remedies under any other security agreement signed by
<br />Borrower or Trustor.
<br />(i) Liens 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 contra(: (:ascribing all or any part of the Property, or other contract Instrument or
<br />agreement constituting a lien or encumbrance ayainat all or any part of the prop" (collectively, "Liens "). existing as of the
<br />date of this Deed of Trust, and that any and all exis•!ing Liens remain unmodi' ed except as disclosed to Lender in Trustor's
<br />written disclosure of liens and encumbrances provided for herein. Trustor stiali timely perform all of Truster's obligations,
<br />covenams. representations and warranties under any and all existing and lulure Liens. shall 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 Lenders prior wrimr,
<br />consent in any manner modify the provisions of or allow any future advances under any existing or future Liens.
<br />0) Application of Payments. Unless otherwise required by law, sums paid ID 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 a-, j Borrower in such order as Lender in its sole discretion deems desirable.
<br />(k) Severobilty. If any provision of this Deed of Trust conflicts with applicable law or is declared invalid or otherwise can be
<br />(oven feffectbwithout the conflicting provision. and oto his end he provisions of this Deed oDeed rust rndtthe Note are dec aired to be
<br />severable.
<br />(1) Terms. The terms "Trustor" and "Borrower" shall include both singular and plural, and when the Taustor and Borrower
<br />are the some person(s). those terms as used in this Deed of Trust shall be interchangeable.
<br />(m Governing Law. This Deed of Trust shall be governed by ".'re laws of the State of Nebraska.
<br />Trustor has executed this Deed of Trust as of the date written above.
<br />- I
<br />LeIan G. Stefff r
<br />Marilyn A. rteffenTrust
<br />WM�a ;:
<br />i
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