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<br /> ' I,BUIS �t SCHIPMAN JElNB A SC'HIAMAN 2115980 02/11/1999 � .,.
<br /> ' �9.Condannntton.The proceeds uf any owatd or cluim for dttmaIIes�dimct or consequentinl.tn sonnecdan wlth any
<br /> ,condemaatiun or other taking of the Praperry. ar part therenf, or for wnveyaece{a ifeu uf cai�demnadan,tt�+e hereby °_-
<br /> assi�rted and e,hull hs paid to Lender,s�abje�c ro the tern�s uf any mortBnBe,deed af tntAt or�ther Aecuriry Af�etnent w�th a � ,
<br /> lien v,�Ich D�ex pdority aver thiR geed og Trust.
<br /> 10. Borrowcr Not Rcleasedi Forbe�rance �y LentEcr IVat a Wa�vcr. Batenyluix of tii�r tlme for paynrent or
<br /> . mndlflcatinn of amardrudo��of die sums se�ured by thia Deed of Tru.gc g�anted My L�nder to any suc.c�s�r(n Interest of 1� ___
<br /> - Bortower sliap �mt uperate to releuse, ic�aay nuuuter.d�e liai�illty�f Qtic nrl�ta�l Bun�o�ae�r nn�l &�rrn�ver a successora iu a �
<br /> m
<br /> iaterest. Lender shall n�t be required to comraence ptuceedln8s ugnin�t sach successsit ar reli�se ta extend�imne fur payment o
<br /> " ° or otherwise modlfy am.ordrntion of the sunu secuced bY this Deed of Tn�.st by reasan of nny demnnd ivade Tay the or�Biva1 � �L;
<br /> ��`� Borrower sud Borrower's successo�s in interest. Any forbeatance by Leader in exerctsing uny d86t or reuc�cty hPreuuder. �-�
<br /> �'�=�� or otherw[se afforded by appltcable law.shall not be a waiver of or preclude the esetcise of any such ripht or retnedy. � �;-
<br /> ��"'"�,`";.�? 11.Sucoessors and A6stgns Bouad;doi�and Se�erai I.4nbtUty;Co-slgners. The cnvenants and agreemews hereia �
<br /> * �' � . contained shali bind.and the dgLts hereuader shail iaum to.the respective successars and ass�8ns of Leuder and Hon+ower.
<br /> subjert ca the pmvisions of paragraph 16 hereof. All covenanu and agrcements of Homower shall Be joint ead seveial.
<br /> � �+uy Borrower who co-signs thts Deed of Trust.but does not executc the Note.(a)is caslBninB this De�og Ttust only to
<br /> �'- i gcant aud convey tbat Borrower's interest ln the Property to Tcustee uad�thLende�r au�any ther 1BoncoYever� he�ceuader -
<br /> .� personally llablc on che Note or under this Deed of Tnist.and(c)agcees �,
<br /> �����' maY agree w extend.modtfy.forbear.o:make any ather accommadadons with regard w the terms of d�iis�ed of Tevst or
<br /> . _ •". the Note. without that Borrower's consent and without releasing that Hortowet ar modifyiag this Ueed of Ttust as w that i
<br /> � ° �n Borrower's interest in the Property.
<br /> � 12, Nottce.Sxcept for any uotice requirecl uader appltcable law to be given in auother menuer, (aD �Y ���w
<br /> �� �� Boirower�ravided for in this Deed of Trust shall be given by delivering it or by�iling such nodce by certiflod manl
<br /> addressed to Borrower at the Property b notice to Leader as
<br /> Address or aY siuh other addcess as Borrower may desi8nate Y
<br /> . ` � provided herein,and(b)anY nodce to Lender shali me given by cerdSed mail w Lender's address stated herein or to sieoh
<br /> � „ other address as Leader may desigoate by nodce to Horcower as provided derein. Any notice pt+ovldod fo�in t�s Deed of
<br /> ,,;.� Ttust st�all be deemed to bave been given to Borrower or Lender when givem in the manner desIBnated hereia•
<br /> 13.Goveraing Law;SeverabWty.The state and local laws applicable to this Deed of Tnut sl�all be the laws of the
<br /> - �'° jurisdicdon in which the PmpertY is lo�ated. The foregoing sentence shall nat limit the aPDlicabWty of Pederal law to this
<br /> Deed of Tntst. In the eveni tt�at any pmvision or clause of tWs Deed of Tmst at the Note conflicts wlth applicable law.
<br /> ° such conflict shatl nat affect other provisions of this Deed of Ttust or tLe Note wtdch can be S�veu e�F�x wlt�ou��
<br />� confiicdng pmvisiun,and to dus end ihe pnr�i�ic��;af tt�is I�d of Tn��d the l�te��re declared to be scwerable. As .
<br /> .r • °.y`• used herein. "casts". "eapenses"aud "auomeys' fees` include ail sums to the extent not prohib�ted by applicable law or
<br /> =� :,`, `''i'i�'�' ^ limitetl l�erein.
<br /> .A., of thc Nore and of this DEed of'H n�st at the
<br />�;__.i-":.„:_ � 14. Borrowar's Copy.Bormwer sball be furn3shed a conformed caPy
<br /> r �� time of exec�uion ar at3er recondadon Lecaof.
<br />=";:.� ' ` 15. Reisabilltaiion Loa� Agr�ment. Borrower shall fvlfill all of Hor[ower's abligadons onfler s�ny home
<br />�.4,:�_A�:.,��s�,. rchabilitation.lmProvement.rePair or ather loan agreement which Borrower eatets i�o with Lencter.I.eader, at I.ender's
<br />==;=,.;,,:��.:. " option. may requ�re Brnrower to execute and dsliver to Lender. in a form zccePtabfe to Lender. en esst�nt of a�r
<br />;,.rt:,.�:,<..� rights,claims oT defenses wLlch Borcower may have against panies who supply labor.mate�ials or se�vices tn cowuecdon
<br />=:�y;,�:"�� with impmvements mzde to ths Property. or aay i�erest
<br /> r.;-'�` . 16.Traastcr oi the Propaty or a Beneficial Iaterest in Borrower. If all or a�r part of the Pmpeity
<br /> �-�ti���:� tn it is sold or aansfercod (or if a beneficial interesc in Bomower is sold or uansferred and Bo�w�r �S�t t nat�ural
<br />"�=`�'"�� person)without Lender's prlor written soasent. Lender may.at its apdon,re4uire immediate PaYment ia ftili otaU swns
<br /> _"-.�""�='-'-�a serured by tl�is Deed uf Trnst. However.this opdon shall aot be exerclsed by Lswder if exercise is pmhibited by Eederal
<br /> =�;�;'� lew as of the date of this Deed of Tn�st.
<br /> _-�°_��;-�''!��v If I.ender exercises this opdon, I.ender shall Sive Bomower uo�ice of acceAemtion.'I7ce aotice sLall pmvide a petiod
<br /> =-=;t,:-�!'�� of not less than 30 days fra�n the dsste the nndce is detivered or m�iled within which Bonc�ower muss DaY all sumg secured
<br /> by tUis Dood of Tnist. If Bomower fails to pay these sums prtor w the expi�adon of t6is pedod,I.ender may imoke ai�}r
<br /> r��.:�.� remedies permiued by tbis Dced of Tirust without fiuther nodce or demand on Boaower.
<br />-r--• �=.�-.� as foliflws:
<br /> --=1���� NON-UMFORYrI CbVBNANTS. Horrowei and I.ender further cm+enant anci e8[e�
<br /> -m'4��:� 17'. Aceeieratiani Rc�i�e[ta. t:c�: :«, ps3vid� taa �P� 9R 6z�reo�, u�OOn �orresses'8 4�ed�04 any
<br /> _,�':�`•�'� covenart or e�eemeat ot Sorrcnver in tlnis�xed oF Trus�, tuciu�-a��°�'�s Pe1�*"e tc ;�y,��the end of 10
<br /> ���.�°::A� celendar days ufter theY are cE�ae, anY s�secured by t6fs Dceal of Tn�st.Leade�'�rior to aacel�alton shsil�lve
<br />-��=��'�°=;� aodce to Borrower as provtded ir� pnragrePh 12 tiereof spedt'yin8:(1)ths breach3 (Z)the actton ra►u4tid to ciu+e
<br /> �:'_L�:R�� snch brPac6i C3)a date,nat less than ZO days tleam the date the aotice is maitec!to Borrower•bY vghte6 sueh Dresc6
<br /> - --'_��'� m�t be curedi a�'���thaE faUu�e to core s�c�breach as or before BQ�e date spedfied 1n thE�tQme�J resutt fn
<br /> ''��'"' suaele�Won of the amms secured by this Dee9 of Teust and sale o!�fiP�Y�operty. TUe QoStce s�aM�6�' fnfor�
<br /> ^`:.�'..�.. _.
<br /> -�,:.;'�• '�'• '{ ., Bor�ver of the dgbR to ret�se�4�aocelerat�on aad tiie rigM to brjmg a oourt acQEmn to essert the ao�of
<br /> � a degauf4 on�any ath�r drfes�of�aimwer to sccelereuon sud sale.If the brEech ts mn¢cured on or b�ore t�e date
<br /> .. ' . spedf[ed in the a�itse.Leader.at Y�eder's o�ton►may dcrlare uU c4 tke s�us secure�l bq thts Aeed oQ Trnst to be
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<br /> _ ' ' Qmmediately due sind payable w[t6o�t fur¢her de�nand and may invoke the pow�'of sale und�other rea[edies =
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<br /> �ermitte�l bY aPpllcable la�. I.ead� ehall h�t[tl��o� b �L Wnite�to,e+easonable�ya• t� fn
<br /> : pursutmg the remedtes provtded In�hts para�'aP •
<br /> � If thee powei'of sate is lavaked,Teuste�shul!reoord a na8toe of delsutt In eacD ootmt9 in afitch�I�y o
<br /> � . ._..__.. •-- _.�.� .,�a�+tn ttr m�asr ni+asrlbed bY spF -
<br /> -- - - sane part trteic+�f is i�caied ana a�.�•�•,•=p ------ _ __. af sach t[nee as�nay be��1 Dy
<br />- , . Bormwer aad to the atl�persons Presa'lhed bY aPPltcable law.Aftar the Ispse bed by ePFllcabk
<br /> applfr�ble law, Tnssee shall gtve pub�ic natice of sale to ttoe persons aud in t�e°'�►�P�bidder at the 4ime
<br /> . , tew.Tn�tee►��d demand on Borrower.shaU seU the Prope�ty at Rubltc aua�[an to a�nd�mr�as Trustee
<br />- and piace and affidzr the t�s desl�ted tn the uotice of sale in oae or more paroels
<br /> t
<br />- � may d�-'�rustee may pastpoae eale o�at1 or any parcd of the Pro�e+ty by pabllc annouaoe�rten4 et Qhe 4�ne
<br /> - umd plaee of a�p�°�Y schc�doitad eate.Latder or Lead�'s destguee may purchas�the Prope�ty at anY sale.
<br /> u Tn�stee's d�eed oonveying the
<br /> _ , . vpon re�3gi af paymeni af the Drtce bid,'Tra�stee shaU deliv�to the pvrcLaser
<br /> prop�ty sold.The re�tals in the Tn�tee's deed sAall be prima tude evld�aoe of t6,e tn�h of th�s�ate�neais made
<br /> � „ tteee�ein.Trustee slmU app1Y t6e Pr�of the salc in tt�e following order:(a)to all reasonabte oa�s end expe�se�of
<br /> t�e sair,tadumc�,i,��.:���!c•T••��"�$fEwv ecn�ll�incnrred of not more than s Sb of the gra�s�pdoe.
<br /> reasonable uttornPys' f�es t�d oosts ot 4itle evi�tcei (b) to all stm�s se¢ne�ed by tbLs �of`i r m t; eud tcj i�a
<br /> e�ccoess,if any,w the pe�son or p�soas legally entttled the+eto.
<br /> � e3of3
<br /> Nebtaska 1b876�4 1l98 OriQinal tReaosded) Copy teraach) CopytCustomss) �
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