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<br /> '• � � �"� . �g' �.�3�31
<br /> t ��,�a� � ` :
<br /> 1 e.Ml�o�ll�n�ow Provi�bn• �' � "� •��' '
<br /> (�) Borrow�r Not R�I��wd.Ext�n�fon of th�tim�ior p�ym�nt or modifio�tion ot th��um���cuted by this D��d of T�uat prented
<br /> by L�nd�r to �ny �uoa���or In Int�r��t of Borrow�r �hall not op�r�t�to nl���e, in �ny m�nn�r, th� li�bility of th� oripin�l Borrowa
<br /> �nd Bo►row�r'• �uoc�s�ors in int�rs�t, Lendsr.sh�ll not bs requir�d to oommsnc� proceedinps �peinst �uch �uccessor or refuse to
<br /> •xt�nd tim• tor p�ym�nt or oth�rwi�s modity �mortiz�tion ot th� �um• �eoured by this D�ed of Tru�t by re��on o1 �ny deme�d•
<br /> m�de by th�oripin�l Bor►owa�nd Borrow�r'��uoo���on in int�rs�t.
<br /> (bl L�nd�r'�Pow�n.Without�ff�atlnp th�li�bility o1 �ny other penon li�bl�for th�p�ym�nt ot�ny oblip�tion haein m�ntioned,
<br /> �nd without �ffectinp th� li�n or oh�rpe ot thi� Dssd ot Trust upon �ny portion of the Property not then or therstofore releesed as
<br /> �ecurity for th• tull �mount ot •II unp�id obtip�tion�, L�nder m�y, from time to time �nd without notice (i) relsa�e •ny per�on so '
<br /> li�ble, lii) ext�nd th�m�turity or dt�r�ny oi th�term�of �ny �uch oblipstion�, (iii) prant other indulpencss, (iv) relea�e or reconvey,
<br /> or c�u�e to b�nl���sd or r�oonv�ysd �t�ny tim��t L�nder'�option sny psrasl, portion or ell oi the Propery, (v) taks or reles�e sny
<br /> othsr additional s�curity for �ny oblip�tion hsr�in m�ntioned, or (vi) m�ke compo�itions or othsr �rranpsment• with debtorc in
<br /> nlation th�r�to.
<br /> (e) Forb�ar�no�by L�nd�r.Not �W�Iwr. Any for�bsar�ncs by L�nda in exerai�inp �ny ripht or remsdy h�reunder, or otherwise
<br /> �fiordsd by �pplicsble I�w, shsll not be • w�ivsr of or prsclude ths �xerci�e oi sny sueh ripht or rsmedy. The proeurement oi
<br /> in�unnce or the p�yment of t�xs� or oth�r liens or charpss by Lsndsr shell not bs � w�ivsr of Lsnder's ripht to accelerate the
<br /> m�turity ot th�indebt�dn�s���ou��d by thf�D��d ol Tru�t. ,
<br /> (dl Buoo���on �nd A�dpn� 4ound; Jolnt �nd i�v�nl Lbbllhy; Captbn�. Th� oov�h�nt� �nd �pr��m�nt� h�r�in oont�ined �hall
<br /> bind, �nd th• ripht� h�nund�r th�ll inun to, th• n�peativ� suooe��on �nd ��sipn• oi L�nd�► �nd Tru�tor. All eov�n�nt• �nd
<br /> �pn�m�nt• ot Tru�tor �h�ll b• jolnt �nd ��v�r�l, Th� o�ptfon• �nd h��dinp• oi th• p�i�pnph• oi thf� D��d of Trust �r� tor
<br /> oonv�in�no�only�nd�r�not to b�u��d to Int�rpr�t or d�fi��th�provi�ion�h�nof�
<br /> (�) R�qu��t 1or Notb��, Th� p�Rl�� h�nby nqu��t th�t � oopy of �ny notio• of d�f�ult h�r�und�r �nd � oopy of •ny notic� of
<br /> ��I� h�nund�r b� m�il�d to ��oh p�rty to thi� D��d of Tru�t �t th��ddr��� ��t iorth �bov in th�mann�r pr��orib�d by �pplic�bl•
<br /> I�w, Exo�pt for any oth�r notlo�r�qulnd und�r�pplio�bl�I�w to b� piv�n In�noth�r m�nn�r, �ny notlo�provfd�d for in thi�D��d oi
<br /> Tru�t sh�ll b• piv�n by m�llfnp �uoh notlo� by o�rtf}f�d mall �ddr����d to th� oth�r p�rtl��, �t th� •ddn�� s�t forth •bov�. Any
<br /> notio� provid�d for ln thf� D��d of Tru�t �h�ll b��}f�otiv�upon m�llinp In th�m�nna dnlpn�t�d h�r�ln. I(Tru�tor i�mor�th�n on•
<br /> p�non,notlo���nt to th��ddnn��t forth�bov��h�ll b�notlo�to�II�uoh p�non�.
<br /> (f) In�p�otbn� L�nd�r m�y m�k� or o�u�• to b� m�d� n��on�bl� �ntrl�� upon �nd In�p�otlon• of th• Prop�rty, provid•d th.t
<br /> L�nd�r �h�ll pfv� Tru�tor notfo• prlor to �ny �uoh fn�p�otlon •p�olfyinp r���on�bl� o�u�� th�nfor r�l�t�d to L�nd�r'� int�re�t fn th�
<br /> Prop�rty.
<br /> (p) R�oonv�y�no�. Upon p�ym�nt of •II �um• •�our�d by thi• D��d of Tru�t, L�nd�r �h�ll nqu��t Tru�t�� to r�ncovey th•
<br /> Prop�rty �nd �h�ll �urr�nd�r thl� D��d ot Tru�t rnd ■II not�� �vld�noinp Ind�bt�dn��� ��ound by thi� D��d of Tru�t to Tru�t��,
<br /> Tru�t�� �h�ll r�oonv�y th• Prop�rty wlthout w�rr�nty �nd wlthout oh�rp� to th• p�r�on or p�non• I�p�lly �ntitl�d th�r�to. Tru�tor
<br /> �h�ll p�y �II oo�t�ot r�oord�tion, If�ny,
<br /> (h) P�non�l Prop�rty;6�oruhy Apn�rn�nt. A��dditlon�l ��ourfty for th�p�ym�nt o1 th�Not�,Tru�tor h�reby pr�nt� Lender undar
<br /> th� N�br��k�Unl}orm Comm�rlo�l Cod� ���ourlty Int�r��t In �II flxtur�a, �qulpm�nt, �nd oth�r p�non�l prop�►ty u��d in conn�ction
<br /> with the nel estete or Improvemsnt• loo�tsd thereon, and not otherwise declsred or deemed to bs a perl o( the real estate seeured
<br /> hereby. This instrument •h�ll be construed �• � Security Apreemsnt undsr •aid Code, �nd the Lender shall have all the riphts snd
<br /> remediea ot a secured party undsr said Cods in addition to the riphts and rsmedies creeted under end accorded the Lender pursuant
<br /> to this Oeed.of Trust; providsd that Lender'• riphts and remedies under this parapraph shsll bs cumulative with, and in no wey a
<br /> limitation on, Lender's riphts and rsmedies under any other security apreement sipned by Borrower or Trustor.
<br /> (i) Lisns �nd Encumbnnce�. Trustor hereby werrents and represents thet there is no defeult under the provisione of eny
<br /> mortpepe, dsed of truat, leaee or purehsee contract describinp sll or any part of ths Property, or othe► contraet, inotrument or
<br /> apreement conetituinp a lien or encumbrance apeinst ell or eny part of the Property (collective, "Liens"}, existiny as of the dete of
<br /> this Deed of Trust, and thet eny and all existinp Liens remain unmodified sxcept as diaclosed to Lender in Trustor's written .
<br /> disclosure of liens end encumbrencea provided tor herein. Trustor shell timely perform all of Trustor's oblifletions, covenants,
<br /> reprecentationc and werrontiec under any and al� exictinp and future Liens, shall promptly forward to Lender copies of all notices of
<br /> default sent in connection with any and all exictinp or future Liens, and shell not without Lender'o prior written consent in any
<br /> manner modify the provisions of or ellow any future sdvencec under any existinp or future Liens.
<br /> (j) Appliaation of P�yrrKnt�. Unless otherwise requried by lew, sums peid to Lender hereunder, includinp without limitetion
<br /> peyments of principel and interest, insurance proceeds, condemnetion proceeds and rente snd profits, shall be epplied by Lender to
<br /> the amount�due and owinp from Truator and borrower in such order ac Lender in ita sole discretion deemc desireble.
<br /> (K) S�v�rablility. If any provision of this Deed of Trust conflicta with applicable law or is declered invlaid or otherwise
<br /> unenforceable, such conflict or invalidity shell not affect the other provisions of this Deed of Trust or the Note which can be piven
<br /> effect without the conflictinp provision, and to this end the provisiona of this Deed of Trust end the Note are declared to be
<br /> severable. • •
<br /> (1) Terms.The terms "Trustor" and "Borrower" shall include both sinpular end plurel, and when the Trustor end Borrower are the
<br /> same person(a1,those terms as used in this Deed of Trust shell be interchanpeable. �
<br /> (m) (iov�miny L�w.This Deed of Truct�hall be poverned by the lawa ot the State of Nebraske. ,
<br /> Trustor hae executed this Deed of Trust es of the dete written above.
<br /> i -�liti(4�� �-k��� , l i t�r�'���
<br /> Trustor
<br /> Trustor
<br /> NBC 3467(Nonapricultunl Desd)Rev. 10/88
<br /> � 1888 Nstionsl Bank of Commerce Trust and Savinps Assocfetfon, Lfncoln,Nebrssks
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