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<br /> 16. MNe�N�n�ou�ProvWoeu.
<br /> ' � ' (a) Bortow�►Not R�Mawd.Extemion ot ths tlms lor payment or modllic�tlon ol amortl�tbn ol th��um�wcuad by thl�
<br /> Dsed of Tni�t�rented by Lender to eny wcassor In intereK ol Borrowu shall not operate io nleas�.In�nY m�n^��•W��i�b����Y „_„__�G..__=__
<br /> •==���;�,m��..� � °�s: vf ths otipinal8o�ow4r�nd 8orrower'��uccsuon In Inbre�t L�nd�r thill not bs rpWred to comm�na proc�sdinp��p�ln�t �_�•-,._..:--.-
<br /> :� .. euc�4uceaisor oc rMe�s�to extend time tor payment or otherwlw modly emortitatlon o1 tha�ums s�cund by lhis D�A of Trust -�
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<br /> • ay reason M An�dem�ands mede by the odpinal Borrowa and Borrowar e rucceaoora In tnteros L-- - �•- - •---
<br /> (p) 1,Md�y Pow�n.WUhout aNectfnp the Il�blliry of any other parwn Iiable lor the p�ymant of Rny obli�atlon hs�Nn �— --
<br /> menbon�d.Ar�d wiftw�taKectlnp the Ilen or cherye of thfa De�d qt Trusl upon any poA�on o11he Prope�iy not ihen ar therstolore �°
<br /> �eN�sed as aecurify br tAe full amounte�i�ll unpafd obllyetfond.Lendar may,from time to tlme and wlthout notice(i)release eny zaf�:`��=N--
<br />_ � , per��,n w Iiabte,(ii►extend th�ma�ur�ty o►atean any of theterm�of eny�uoh oplipatfons,(ilq yrant othar Indulpence�,pv)releaee �;•,�;.�;��_�,�____
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<br /> or reconvey,or caube to be�eleaaed a roccnveyed at eny Ilme�t Lender'e opllon e�y parcel,poAlon or all ol the Praperty. "�•���,�,�
<br /> • (v)take or reloase eny other w edddionat securiry for any abliqaQon hereln menUonad, or(vl)maka compo�itlono or other
<br /> anan9ements with debtors m relauon thereto. �"`� - '�`
<br /> � (c► Fab��ranc�by L�nd�r No!�Walrsr.Any torbearance by Lendec in exercialnp any right or remedy hereunder,ar ` ��'" h ,.'�
<br /> otherw�ae efforded by epplicable lew,sha�l not be a walver o1 or prec�ude the exerclae of any auch right or remedy.The ��;;,
<br />- procurement of inaurance or the payment of taxes or other 1 iens or charges hy LQnder ahell not be a wafver of Lender'�ripht to ��,Y- �ia�ry��
<br />_ •.;5���r���' , � � • accelerate Ihe metwiry ot the indebtedneaa secured by Ihls Oeed of Trust. ����� ����`..
<br /> (d) Succnson�nd Aulpm Bound;Joi�t and S�v�al LIs6Uiqr:CaPUa�w•7he cove�ants and eqreements hereln con- ,���::
<br /> �� ' :�� � talned shell bind,and ihe ri hta hereunder stwll mu►e to,ihe�eapecGve successor9 in0 Aasigns O�Lender and Trustor.All �� �^�•_�'��"
<br /> '� �.;�. .Y�• ' � covena�ts a�d ag�oemonts ot T►ustor ehell be joint and several.The cap��ons and headmgs o1 the parayraphs of lh��Deed o1 �`��_
<br /> �'�`��?'•'�-� Tru�i are for c4 r�enlenCe only end ere not to be u�ed to interpret or deflne the provisions her@ot '�` •'�'"=
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<br /> �r (�B► p�qWp81a Notices.The paAles hereby request thpt a copy of any noUCe of default hereunde►and a copy of aay r�oUCe ,��� +T:� .� ;
<br /> !•' :,t,t�i�r��. �fle o+;sa�e hereunder be rnalled tc each party to this Deed o! '�vst at the address set forth above in the manner prescn12+�d by ��;`
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<br /> i =,;f��,,. r,�,,',�,, app l l c a ble law.Exce pllor a��other nodce required under•app�isable law to be given m a�olher manner,aoy nct,c4 pravided .
<br /> �i r� 1or In Ihia Depd a1 Trua�ahall be g�ven b maldn 'such not.c•e by cenitied mail addressed ev tf+e other pa�ties,atlf eaCdnass se t "' • ��''•�r: - F !�``-
<br /> � "E'���i�`i3+���' �� lonh above.An�notice proWded far in thls Oeed ot Trusl snall be eHect;ra upon maiimg in ihe manner deaignatad ne��am.N ;:`;:;i';�,:�i�i�S:rd{ �� '
<br /> !' ' ••' v • Trustor Is more than one peraon,notice seM to the addrass eet ionh acave ahaU be nolice to all s�ch persons. �.�;-.�'ti;t,�;� .� '�� f.
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<br /> (Q �n�p�eQoo.Le�der may make or cauae to be made reasonable entrlsa upon a nd inapeCilo^s c1 the Pvoperty�provlded )� ,;•� r 1
<br /> , �� ' thet Lender ehall give Truator notice p�lor to an euch Ins ection speci m reasonable ceuse Iherelor related to Lender's �S '��'� � � ��',��'+.:
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<br /> ��'� ' inter�est In Ihe Property.
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<br /> � '� ' (g)p�eonvey�nc�.Upon paymenf of all.sums aecured by tt�is Oeed o1 Trus�,lendeT shall request Trustee ta recoav�ey t he ,� �;�ti�ii���,�..t�d! -
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<br /> ' • Property ancd s'hall eurrender this Deed oi Trust and all notes evidencing�rdebt2dneas�ecured by ihia Deed o1 TTUSt toTiustee. ' •��',�
<br /> ' � Trustee ehali reconvey lhe Property wilhout warranry end wlthout chacge ta the peraon or persons legally entitled thereto. ;jtys.�,�.t,• .,
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<br /> r+r:,.' Truator ahell pay ell coats ot recordeqon,il ars��. _ -;,�--
<br /> � ; � r ' (h) P�nond Pro�;S�au►It�r Apntm�nl.Aa additlonal securfty lor the peyrnent ol the Note, i rustor harnby y�rants •7�„;;
<br /> Lender under the Nebraska Uniform Commercfai Code a iecurity Interest in all tixtures,equipment,and other personal propeAy _:,;
<br /> � �,.;;:,�•;�,,,�•�. � used In connectfon with the real eatete or Improvemetnta loceted thereon,and not olherwfae declarad or deemed to be a pert of ,
<br /> �. the reel eatete aecured hereby.This fnstrument shell be conetrued as a Security Agreement under safd Code,and the Lender
<br /> ehall have all the riphts and remedles ol a aecured pa►ry under sald Code�n addlUOn to the rights and remedies created under
<br /> end eaCOrded the Lender purauant to this Oeed al TrusC provided thet Lender's rfghls and remediea under this parayraph shall ;',
<br /> . be cumulative with,and fn no way a Nmftation on.Lendar's riphta and remed�ea under any other aecurlry aqreement�Iqned by �,
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<br /> Borrower or Trusta. �
<br /> (f) LNn�and 8ncumbranca.Truator hereby warranta and represonts lhat there Is no dotault unde►the proviaions ol eny
<br /> , mortqape,deed ol truil,leeae or purcheee contract descr�b�ng all or any pert of the Properly.or other contract,instrumenl or
<br /> ' egreement constitutinp a Nen or encumbrance apei�st all or any part ol the Property(collectively."L1ena"►,ex�stlnq ae ol the !
<br /> � dete ot thla Deed ol Trust,end Ihat eny end all existinp�iens remafn unmodilfed except ao disclosed to Lender�n T�uBtor's . f
<br /> ��•;�,•.•' '����• wrltten disclosure of liens and encumbrances provided for herefn.Truator she11 tirnely perform all ol Truslor's obllgallons, ,
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<br /> c o v e n e n t a,r e p r e s e n t a t i o n s a n d w e r r a n b e a under an y and all exisitfng and luture Liens,shall promptly forwerd to Lender coples
<br /> ot all notfces ot default sent In connection wfth any and all ex�sting or luture L�ens,and shall not wfthout Lender's prior w r l t t e n
<br /> � • tonsent in any menner modify the(xovfsfons of or allow any fulure advances under any existfng or luture Llens.
<br /> Q) Appllcatlon ol P�ym�nb.Unless otherwlse requlred by law,sums pe�d to Lender hereunder,including wlthout Ilmltedon ;. •
<br /> � . paymenta of princlpal end interest,insurance proceeds, condemnatlon proceeds and rents and.G�olits,ehall be applled by .
<br /> � Lender to the amounts due and owing lrom Trustor and 6orrower in such order as Lender in Its sole tl�scratlon deems desirable. i ;�•�•,,:;;_�;;.;'
<br /> ' `�' (k) SwKablllfy. fl any provis�on ol th�s Deed ol T�u��conlhcts wdh applicable�arv or fs tleclared invaUd or otherwiae � � : ,
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<br /> � unenfoiceable,such contGct or mvalldity shau nol aflect t�e other provisons of In�s Deed o1 Trust or the Note whlch can be i t ,� , .:,�
<br /> ;+"�����_';%�'�i:� ; given eNect without the conflictmg provlsion,and to thls enp the prov�s�o�s o1�h�s Deea of Trust and t�e Note are declared to be • �.
<br /> ,., . , .;, :,` severable. I . . �,�,; �,', .
<br /> �I) T�rm�.The terms"Trustor"and"Bonower"shatl�nclude boin s�ngula�and plurai,and when the Trustor and Borrower � �� •.htiti, ,,•:
<br /> � � ;;S?;,..,�:''a' are t he same p er s o n(s l.t h o s e t e r m s e s u s e d m t hi s D e e d ol Trust shaU be mterchan geable �
<br /> }ti;;�?;::"`� -. (m) Oov�►nlny Law.Thls Deed ot Trust sha�i be gcvemed by the laws ol the St�te o1 Nebraska. � . � `
<br /> •• "�'r��•"' Trustor has exeCUted this Deed of Trust as of the dale wrdten above • �''•,
<br /> �`+�C.L6�.�i� �t.:,�t`� ..•��' ,- i ' '� .
<br /> , Gera,�d W. Gewecke rru tor � I �
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<br /> � DOnna G.Zr�ew@C e Trustor (
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