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<br /> 18. MMcMl�nww ProvMlon�. —-
<br /> � �" (�) �Ottow�r Not RN�Nd.Ext�mion of th�tlm�for payment or modlllcatlon oi Amortl=atlon ol th�sums Mou►�d by this
<br /> � Deed of T�ust prented by Lender to�ny succssfor in let�rast o1 Borrower�hall not operate ro relwse,In my mann�r,th�Il�bllly a T� �����
<br /> ;• . � of the orlpinsl 9orrower and Borrower's succeuors fn interest.Lender shell not be requlred to commance procsedfnp�a�Nnf� ��� r�' :,u_•„a.��__
<br /> � ti}'�'�ti°' �, euch eucaeewr or roluse to sxtend dme lor payme n t o r o t h e r wl s e modiry amortf=�pon ot tha�um�aocund by thl�DNd of Trust
<br /> ' � '' by reaean of any demendt made by the oripf�el Borrower and Borrower'a wcceasors In fntereft. __ —
<br /> ��.._
<br /> ° ,fi•` "�: r �� (b) I.Mtd�r'�P6wKS.Without eflectinp the Ilab�lity ot any olher person I�able lor the pwyment of any ohlipetlon he►em o - - --,
<br /> � •t �"m' t�:� mentloned,and without afleetinp the Ilen or cherpe ot this Deed ot Trwt upon any poAfon ol the Properiy not then or Iheretofora =_-- _
<br /> " � releaeed as securiry for the lull emo�nt of all unpald obllgaUons,Lender mey,Irom time fo tlme end withaut notice(q releaea any �,�x�h_��zr-----
<br />_ _-- . .. ° ., � pereon ao Ileble,pq extend the maturity or alter any ol the terms o1 any such obllpetlons,(ili)Qrant other Indulpences,pv)releaee �y y;,�,-���_�
<br /> ' , Q ,p'��`'��°" or reconw%r,or cauae to be releaaed or reconveyed at any tlme at Lender's optlon any pa�cel,portion or all of the PropeAy, _
<br /> �IHLT—
<br /> s . ���: (v)take e►cetease eny othar or additlonal securfry lor any obllpatlon herefn menqoned,or(vl)maka compoeitlono or other .�.�r_F��,_„
<br /> ' ; , erran�emertls with debtora m reletion thereto.
<br /> � ° (c) Fabw�ane�b11 L�nd�r Not a Walv�r.Any forbearanee by Lender In exercisfng any rfght or remedy hereunder,or �..:•,;,;�;;�.::�'_:,.'.;:':.
<br /> ' � � :� otherwise aftorded by applicable law,shall not be a wafver of or preclude the exerci9e ol eny euch rlyht or remedy.The LN.,,�;�_:•,�---`.,,
<br /> ' b'��• procurement ot insurartce or the paymant of taxea or other Ilene or cher9es by Lertder shall not be a walver ot lender's ripht to _r_� _ _ __-
<br /> ��:.�.,.....��__—.-
<br /> � ° s atceterate the maturiry of the i�debtedneas secured by this Daed of Trust �x� ti.f;c�,,��--
<br /> t�``: ;,:�rt^_"°:,^ (d)Suac�ssas�nd Msl�m Boa�di Jolnt s�d 8�v�al LIt�bUity:C�pilo�u.The covenants and apre8m�nts herein con- „'.,'�i��f.;,aq,Qfb.�.r::�''
<br /> ,,. .� „ tained ahAll bind,and the riphts hereu�der shall inure to,ihe respeCtive auccessors and ass.�^+s at Lend�►and Trustor.All . � ��T _
<br /> .� • � covenants and ayreeme�nts of Truator shall be�omt and several_The capt�ons and headings�7 the�a�aQ^aa�s ot thla Deed of y :�+° '.,.1�.;�;_
<br /> -•.. • Tvuat are 1ar convenie�n4e anly and are not to be used to interpret or defi�e the�D�nvlaions'�ereol. . .v`�:
<br /> (e) iirquNt la Nallce�.The partfes hereby r�qu8st that a copy of any npt�.^•e a�qe?au!t haraut+der and a�epy of any notice : ;�;X�_
<br /> . , `��, 09 sa!•e hareunder be ma)led to each party to this Deed of Trust at the address set fonf�a'bove In the manner prescribed ay t�..i � _
<br /> � r,.;_:•- appi�cable law.Except tor any other notice required under applicable law to be given ir.anoihar menner,any notice prov��ea �,.,
<br /> ' ' }or m ihls Deed of Truet shall be ylven by mailfng such notfce by cen111ed maH addreesed to the other perties,et the eddreae set c ���`_
<br /> ;�,'r,` ', ' forlh above.Any nutlr,e provided tor in this Deed ot Trust ahe11 be etlective upon mailing in the manner designeted herein.If �,.�. , _
<br /> trostor Is more than one person,notice sent to the address set lorth above s�'+all be nOfl�e to all such persons. .f;,� _
<br /> , , ' '.�:�.. ,_-
<br /> � ' (� Infp�adon.Lender may make or cause tr be made reesonable entrles upan and Inapectfons of the PropeAy,provided . '��y
<br /> � "" � , . thet l.ender ahall give Truator notic6 p�for to any auch Inspectlon apeclfyinp reasanable cause therefor related to Lender's , , .
<br /> Intereal In the Propery. � •� l�
<br /> (g) q�cpnvoyane�.Upon payment ot all aums secured by thla Deed ot Trust,Lender ahall request Trustee to reconvey the •��_�
<br /> �� .� Property and shall surrander thia Deed ot Trusl and all notes evidencing indebtedness secured by Ihis Deed of Truat to Trustee. � ��,{f_
<br /> • 7rustee ehall reconvey the Property without w�rr�nty and wlthout charpe to 1hE person or pereons leyally entided thereto.
<br /> Ttuster ahall pay all costs ol recordadon,ff pny. �� � ,.
<br /> _-=-_= (h; Faraass�!Propasty;SssurltY AQrt�nM��• As additional aecurlry tor the payment of the Note,Trustor hereby grants � . �._,�.�.,;:�,;
<br /> ' lender under the Nebra9ke UnNorm Comme►cial Code a seCUrity IMeteat in all Ilxtures,equipmen4entl other personai prpperiy - ��•-� •�,,,r---
<br /> .��•,�';t�_-;,.
<br /> usad In connectbn with the real estate or Improvements located thereon,and not otherwlse declared or deemed to be a part ot �,r:•. .�r,,-��
<br /> . ,,,t.•
<br /> � the real eatate secured hereby.This instrument shall be construed as a Securiry Agreement under sald Code,end 1he Lender ; . . •,{,..,:-�:��;r• -
<br /> � •' . ahall heve ell ihe nghls and remedles of a secured party under eald Code in addition to the rlghts end remedies Created under r, �
<br /> and accorded the Lender purauant to thls Deed of 7rus1;provlded that Lender's nghts and remedies under this paragraph ahall ,
<br /> "' � be Cumulative with,an�in no way o Ilmltatfon on,Lender's rfghls and remedies under eny other security apreement eigned by jr' ;, , , i
<br /> �� ' 8orrower or Trustor. ` � `��� �
<br /> ' • (i) u���and EneumbrAnc�s.Trustor hereby werrants and rapresents thallhere is no default under the provisions o�any •� � •-'
<br /> '�•,'� mortgape,deed of truaS,laese or purchase contract describfng all or any pert ot the Property.or other contraCt,lnatrument or , •,:�;�. �
<br /> � ' egreement conatltuting a llen or encumbrance agafnst all or any part ol the Property(collectively."lJens"1.eYisting ae o(the •,
<br /> �� ' date o1 this Deed ot Trust,and that any and all exlsting Liens remahi unmodilied except as discbsed to LQnder in Trustor's :_'"�� '
<br /> • r.��,1 f,. wrlrien disclosure ol liens and encumbrances provided lor herein.Trustor shall timely perform all of Tr4s:ar's obligatlone, '�,::
<br /> 'r • . ��'�?`,�" covenanls,representetions and warranUes under any end all ex�siting and luture Uens,shall pramptly lorwartl to Lendet coplea ;•;.,,±
<br /> ,i:. ,�, oi all notices of defeult spnt in cannection wfth any and ali ex�st�ng or luture Lfens,and shall not wfthout Lender's prlor written { . ,
<br /> ' , ��'��::; . • consent in any manner modily the provisions ol or allow any future advances under any ex�ating or luture Uens. �, .
<br /> � � �. ' � �) AppllcatloA al?�ym�nb.Unleas otherw�se requ�red by law,suma paid to Lender hereunder,includfng wNhout Iimit�Gon �
<br /> ,�; '" • peyments ol principal and fnterest,insurance proceeds.condemnatfon proceeds and rents and prolits,sAall be applisd by
<br /> ' • � Lender 10!he amounts due and owing from Trustor and borrower fn such order as Lender�n ds sole diacretion deema desirable. �
<br /> . :� :�,�.:'; (k) S�wrabllltp.If any provislon ol this Deed ol Trust conllicts w�th appllcable law or is declared Invalid or olherwlse ��� t .:
<br /> unenfoizeable,such contllct or invalldiry shall not aHect the other provisons of this Deed ot Trust or the Note whlch can be .
<br /> , ; „ given eHecl without the contlicting provision,and to this end the provisfons ollhis Deed ol Trust and the Note ere declared to be ;,
<br /> ... �� ,;�.
<br /> aeverable. ' ,
<br /> (1)T�rms.The terrns"Trustor"and"Borrower"shall lnclude both singular and plural,and when Ihe Trustor and Borrower � , ,' � ;r;.
<br /> are the same person�s),those terms as used in thia Deed of Trust shall be interchangaable. ;
<br /> � (ml GowrnlnQ L�w.Thia Deed ol Trust shall be governed by the laws of the State oi Nebraska. .'' ^
<br /> . '� Trusto�has exeCUtBd this Deed of Trust as ot the date wnnen abov
<br /> ��. Trusy�c �
<br /> , Gary E Valaeel� /��� �y �
<br /> ,,:., �;� ��__� rc�
<br /> , 7rusror
<br /> •;, And Mar G.Valasek , .
<br /> , � � a/k/a Mary E. Valasek '
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