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<br /> .. ' 1d. Mba�ou�PtovUlon�. _�
<br /> . � � •: ° (+) �p�Nof�Nwrd.Ext�n�ion ot th�dm�for p�yment or modiliCatlqn of amoAk�tion o1 th�wmo�ecund by thW
<br /> ' • ONd of TruN p��nqd by I.�ndw W��Y wcc�uor In Int�mt ol sonowe ahall not apenh to r�taas.In any mann�►,th�II�WIIry
<br /> of th�oripins�l6orrowK and Borrowor's aaceuon in I�terest L.endsr�h�ll not be requlrsd to comm�nco procNdlnps�pdnp
<br /> �uoh wac�ssor o►ntuf�to�xtM�d Um�lor paym�nt or otherwls�madlty amoAiuUon o1 tha�umi wcurod by lhl�ONd o1 Trwt —
<br /> .. . by rNwn o1 any dem�nd�m�d�by ths oripinal9orrowar�nd 8orrow�r'��uace�son fn intere��
<br /> .. _ _
<br /> • (b) �«y pow�.yyi�haut oBectlny ihe Ilabllity ot any ath0r person Ilable for the payment of any obligedon her ��_ :-. .-.- ---_---,r-
<br /> �"''��`''��'� m�ntlon�d,�nd wNhout aB�ctlny lhe lien or oharqo of thit De�d of Trusl upon any portlon o1 the Property not then or theretotoro
<br /> rel��ed a�aecurity for the full smount ol all unpald ablip�tlom,t.ender may,lrom tlme ta tlme and without notiee(q releow any --�
<br /> - •,.�,�rt�,,� " petson so Il�bl�,(il►extend the m�turiry or alter any of the terms af eny wch obligatlons,(iii)pront other indulyence�,(Iv)reteate v,.______
<br />��i" or reearn�y,or c�ute ta be relsased ar reconveyed st any Ume at Lender'a optlan any parcel,portlan or ell ot 1M Properry, .�,,__
<br /> {s L� ,. , n:aK -� �_ _
<br /> (v)take or relase Any othor or additlonal seaurlry for any obli��qon hereln mantloned,or(vf)mak�aompositbns or othe ----__ _
<br /> ' � r'.. � � orr�npsmenri wlth debtor4ln relatlon thereto. —_ - ------
<br /> � �o) FaM�rAaco by L�ndu Not�Wdwr.Any lorbearance by 4endar in exercl�inp any right or remedy hereundar,or ��_
<br /> ,�� � otherwlse efforded by epplicable law,ahall not be a walver o1 or preclude the exercise of any auch ripht or ►emedy.The ���Y.LL;�"
<br /> , , � ��• procurement of Ineurance or the peyment of texas or other I iens ar aharges by l.ender�hAll nat ba a wAiver o1 Lender's ripht to •
<br /> ' aec�krata the maturity ol the Ind�btedneu aenured by thls Deed af Trust. �
<br /> . �d) guaaNSOn�pd MsIpM Bound;Jolnt I�nd 8�wra1 Uwbllflyi C�ptlo�s.Tha cavena�ts and apreemenri hetefn oon-
<br /> tained sh�ll bind,and the rlyhts hereunder ahell Inure to,the►e�pecllve auaaeuors and aeslgns ol Lender and Trwtor. All �_:_ -
<br /> cpven�nb and R�reements of Trustor shell be jofnt and aeverel.The cap11an4 and headings o1 the paraprepha of thls Oeed o1 �_�,�_
<br /> Trwt�►e for convenlence only and are not to be used to IMerpret o�dailne the provlsiona hereof. r„�:,;�;R�n__
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<br /> - - �e1 R�quat Ia NoNcw.The parties hereby request that a copy ot any notloe o1 default hereunder end a copy o1 ahy notice is�nr�ls�{>a�.-°
<br /> of qle hereunde►be malled to eanh perty to this Deed of Trust at tha addresa aet forth ebova In the menner prescribed by .7�'��;`�j`•"';'3iV.
<br /> . � applicabla law.Except tor ac�y alher nolice requfred under appllcable law to be given in another manner,any notice provfded ��:,. ; : , __
<br /> � � '� ' � :�� � �� fa�i�1M�s Deed of Truat ehall Da given Oy malling auch notice by certilled mafl addressed to 1he other partiea,at the addrese aet ,.•. ,•ti}';;:
<br /> • � �' • �' `'•'�` loNh pbova. Anp notice praw�ed 1ar m Ihls qeed oi Truat shall he ettecUve upon malling in the manner de8lgnated hereln.II ,- �{''1;�;;'t:t��
<br /> ,;,j •,; t����,,. , i�,,}.i,�t, Truamr Is more t�han ane peraon.�otica aent ta the address aet lorth above shall be notice to all auch peraona. ''.Y`fj�"���<<r�_,'
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<br /> , .,,, � .:.�i.,�� rovlded ��f; ��....
<br /> (ry I�up�etbn.Lender may make or cause to be made reasonebla entrlea upon end Inapectlons o1 the Property,p �._,.;'.
<br /> �'������t�9.k�1 thet Lender shall glve Truaior notice prar ta any such inspeCtion apecNying reasonable aause therefor relaled to Lender'a ''r �. •;;r:;�•_:—
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<br /> i�,`` "� ::�� • Intereat IntheProperty. �"� f��;.;".;''"`
<br /> ��;�''?• ' ' �' (q) poCOnv�y�n�.Upon payment ot all sums aecured by thla Deed ot Truat,Lender ehall�equeat Truatee lo reconvey the ��{���� `K�--,,,,,�_
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<br /> �,,,. „ Praperty and ahall aurrender lhls Qaed ot 7rugt anzl all notes evldencing indebtedness secured dy thla Deed of Trust to Trustee. � r:"t�':.';,Q,��':
<br /> p�';,,d`;. , ;f-� .1 . . Trus�ee shAll reconvey the Propeny wlthout warranry end wUhout aherpe lo the person or parson�lepally endtled Ihereto. ' �t^���:���:::�: 3
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<br /> ,� F;'��'• � ' .`:�:i T�ustor ahaN pNy all cosis a1 recordation. N anp, . � �,'�1��;_; .e;:
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<br /> :} '. � • ��� igi �o n sl Pro ped y:B�auHty Apr�nl.As addUlonal security br the payment ot the No19.'frustor hereby granla ,.��,yl�,r�,' _
<br /> ,, . • ';'� t;j .�,,;`�••.'��'t'''' Lender under the Nabraeka Uniform Commerc�ai Code a aecur�ty mtorest m au fixwres,aquipmen i,an d o i iim p b ta o n a i p r o p e t ry t� �`��r��,
<br /> ,.���i.,''` �!� �• . ' used in connection wlih�he real estate o�improvements located thereon,and not otherwlee declared or deemed to be a pa►t of ,'��.� .
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<br /> �� "'��`� � '" "�y' the�eal eatate secu�ed hereby.Th�s�nsirurnent shall he conetrued ae a Securlty Agreement under eald Code,and the Lender ��;•��•��•���+�..�:,:="°-,�—"
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<br /> • ' � ff',;�'.�,' '� '. �,.;. , shall have all ihe rlyhts and remed�es ol a secured parly under said Code In addldon to tha righls and remedles created under _
<br /> • ;; �� '" and eccorded the Lender purauant�o thls Deed of Trusl;provided Ihat Lender's rights and remedles under thla paragraph shell •� °�
<br /> ' be c�mulative with,and m no wey e Ilmitetlon on,Lender's nghts end remedles under eny other secunry apreament alpneci by .� ,.,;:: _;!�4:iu►���
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<br /> Bo►rower or Trusla. . " ->•••�
<br /> . . . p) Li�ns�nd Enaumbrano��.Trustor hereby war�ants and represents Ihat Ihere Is no defaull under tite provlelona of any . , ��
<br /> mortpeye,doed o1 truet,leaee or purchase conlract deocNbing all or nny part ol the Property.or other contnet.Instrum�nt a • , t
<br /> ayreement constlluting a lien or encumbrance agafnst ell a a�y pert o1 the Property(collectfvely,"Uens"1,exiatinq at of ih� �,..�;.�
<br /> ' dote of ihls Dead of Trost,and that any and oll exiat�ng l�ens remein unmodilled except aa dfsclowd to Lendor fn Trustor'� � ,. ,..: ��,
<br /> � w�irien dinato�ure of liens end encumbrances provlded for here�n Trustor ghall tfinely pe�form all ot Truetor's oblfpatton�, ,•;�;
<br /> covenante,repreaentedons and warrentiea under eny end all ex�s�ling end luture Uens,aliell promptly forwerd to Londer coplot �, ,;',TT.^;.
<br /> ., ol all notices of delault eent In connectlon with eny and all eKlstlnp or luture Llene,t+nd ahell not without Lender'e prior writtm , , _
<br /> � coneent In eny menner modlry the provlslons oi or allow any/ulure advances under e�y exlsling or luture UQnf. � • ,.;;,,�,;�,
<br /> � �) Appllc�tlon ol Pqm�nts.Unless otherwlse requlred by lew,sums pa�d to Lender hereunder,Includlnq wlthout Ilmitatlon
<br /> . payments ot prfnclpal end Interest.�nsurance proceeds,condemnat�on proceeds and rents and protlte,shall be applled by li,' .. .
<br /> Lende►to lhe amounts due and owfng from Trustor and Borrower�n auch arde•as lender In its aole dlecretlon deema dealrable. , ,
<br /> •y,, . (k► Sw�wbUlly. If any provl8ion oi thls Deed ot Trust conllicts w�th app9�cdble�aw or Is declered Invelid or otherwlee i . , �
<br /> unenlorceable,such conllict or Invelldlty shall not aHect the other provisons oR tn,s Deed o�Trust or the Note whfch cen be
<br /> �' "�'•`���� � piven eNect wlthout the conflicting provlsfon,and to thls end Ihe provre�ons of thls Deed ot Trust and the Note are declared to be
<br /> • t� ••;.
<br /> "�•'�� �sa tv.>��{:��'�{w+• severaae. ,. ,
<br /> „';� � �;;`,� '�riA •• , .• i�.' Iq TKm�.The termt"Trustor"and"Qorrower"ahall include both singuler and plural.and whan the 7rustor end 8onower i 'd,�,�,�.,,
<br /> • • ;�.,., �V .,,�, ;.� " are the same pereon(s),those terma as used in this Deed ot Trust shell be interchengeabte.
<br /> � �.i; • (m) OovKnlnp Law.Thls Deed ot Trust shail be governed by the lewe of the State ot Nebraska.
<br /> ,;����4:�, _ �•
<br /> 7ruotor has executed this Deed of Trust as of the date rvr�tton ab��
<br /> - � • '� �I :/�-�� .�YY�f-�',.-v+��C..r.
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<br /> ., ' '. „ (Timo4hy L. Dunagan) 'r s�o�
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<br /> ;,�4 . (Chery .C�unagan) Trustor � '�
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