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V � �S
<br /> , principal amount of the indebtedness secured by this Deed of Trust, not including sums advanced to rotec
<br /> Trust, exceed the ori�l ptin�ipa�aino�,��d,�rein, or
<br /> 16. Miscellari&li�pro��s�ns. $ 17 747.00 P t the security of this Deed of
<br /> (a) Borro ,whichever is greater.
<br /> �!'1No17Q41@�seqt Extension of the time for payment or modification of amortization of the sums secured b
<br /> Deed of Trus
<br /> �b�'���'��Q'����QQgif�1f��terest of Borrower shall not operate to release, in any manner _
<br /> ty of the origina Borrower and Borrower's successors in interest. Lender shall not be required to co Y this
<br /> against such successor or refuse to extend time for payment or otherwise modify amortization of the su � the liabili
<br /> Deed of Trust by reason of any demands made by the original Borrower and Borrower's successors in int mmence proceedings
<br /> (b) Lender's Powers. Without affecting the liability of any other person liable for the payment of an oblms secured by this
<br /> tioned, and without affecting the lien or charge of this Deed of Trust upon an erest.
<br /> released as security for the full amount of all unpaid obligations, Lender may, from time to time and with
<br /> y portion of the Pro e y 9ation herein men-
<br /> any person so liable, (ii) extend the maturity or alter any of the terms of any such obli ations, iii P � not then or theretofore
<br /> release or reconvey, or cause to be released or reconveyed at any time at Lender's option an out notice (i) release
<br /> Property, (v) take or release any other or additional security for any obligation herein mention d)o ra�nt other indulgences, (iv)
<br /> other arrangements with debtors in relation thereto. Y Parcel, portion or all of the
<br /> (c)Forbearance by Lender Not a Waiver.Any forbearance by Lender in exercising any right or reme ake compositions or
<br /> envise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or re
<br /> ment of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver or Lenderhereunder, or oth-
<br /> ate the maturity of the indebtedness secured by this Deed of Trust medy. The procure-
<br /> (d) Successors and Assigns Bound;Joint and Several Liability; Captions. The covenants and a � s right to acceler-
<br /> tained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Le
<br /> covenants and agreements of Trustor shall be joint and several. The captions and headings of the para ra hs
<br /> g eements herein con-
<br /> Trust are for convenience only and are not to be used to interpret or define the provisions hereof. �der and Trustor. All
<br /> (e)Request for Notices. The parties hereby request that a co 9 P of this Deed of
<br /> of sale hereunder be mailed to each party to this Deed of Trust at the address set forth above in the
<br /> py of any notice of default hereunder and a copy of any notice
<br /> applicable law. Except for any other notice required under applicable law to be given in another manner an
<br /> in this Deed of Trust shall be given by mailing such notice by certified mail addressed to the other artimanner prescribed by
<br /> forth above. Any notice provided for in this Deed of Trust shall be effective upon mailing in the man y notice provided for
<br /> Trustor is more than one person, notice sent to the address set forth above shall be notice to all such p er es, at the address set
<br /> (� Inspection. Lender ma ner designated herein. If
<br /> that Lender shall give Trustor notice prior to any such inspection specifying reasonable cause ther
<br /> y ma e or cause to be made reasonable entries upon and inspections of the Property, provided
<br /> p sons.
<br /> est in the Property.
<br /> (g) Reconveyance. Upon payment of all sums secured by this Deed of Trust, Lender shall request Trused to Lender's inter-
<br /> Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured b
<br /> Trustee. Trustee shall reconvey the Pro e tee to reconvey the
<br /> P rty, without warranty and without charge to the person or personDse ga ly erntitled
<br /> t ereto. Trustor shall pay all costs of recordation, if any.
<br /> (h) Personal Property; Security Agreement. As additional security for the payment of the Note Tru
<br /> Lender under the Nebraska Uniform Commercial Code a security interest in all fixtures, equipment,and o
<br /> used in connection with the real estate or improvements located thereon, and not otherwise declared or deemtor hereby grants
<br /> the real estate secured hereby. This instrument shall be construed as a Securiry Agreement under said C er personal property
<br /> shall have all the rights and remedies of a secured a ed to be a part of
<br /> and accorded the Lender pursuant to this Deed of Trust; provided that Lender's rights and remedies underode, and the Lender
<br /> P ►ty under said Code in addition to the rights and remedies created under
<br /> be cumulative with, and in no way a limitation on, Lender's rights and remedies under any other securi
<br /> Borrower or Trustor. his paragraph shall
<br /> (i) Liens and Encumbrances. Trustor hereby warrants and represents that there is no default under th reement signed by
<br /> mortgage, deed of trust, lease or purchase contract describing all or an
<br /> agreement constituting a lien or encumbrance against all or an e provisions of any
<br /> date of this Deed of Trust, and that any and all existing Liens remain un odified except as d scl or other contract, instrument or
<br /> y part of the Property (collectively, "Liens"), existing as of the
<br /> ten disclosure of liens and encumbrances provi d e d f o r h e r e i n. T r us tor s hall timel
<br /> coven a n t s, r e p r e s e n t a t i o ns an d warranties under any and all existing and future Liens, shall promp tly f�a dd to T rus tor's writ-
<br /> of all notices of default sent in connection with any and all existing or future Liens, and shal�nort withoutTrustor's obligations,
<br /> consent in any manner modify the provisions of or allow any future advances under any existing or future liens. Lender copies
<br /> (j)Application of Payments. Unless otherwise required by law, sums paid to Lender hereunder, includi�nder's prior written
<br /> payments of principal and interest, insurance proceeds, condemnation proceeds and rents and profits, shall
<br /> Lender to the amounts due and owing from Trustor and Borrower in such order as Lender in its sole • 9 Without limitation
<br /> able. be applied by
<br /> (k) Severabtlity. If an discretion deems desir-
<br /> y provision of this Deed of Trust conflicts with applicable law or is declared invalid or otherwise unen-
<br /> forceable, such conflict or invalidity shall not affect the other provisions of this Deed of Trust or the Note
<br /> effect without the conflicting provision,and to this end the provisions of this Deed of Trust and the Note ar
<br /> erable. which can be given
<br /> (I)Terms. The terms"Trustor"and"Borrower'shall include both singular and plural, and when the Trus odeclared to be sev-
<br /> the same person(s),those terms as used in this Deed of Trust shall be interchangeable.
<br /> (m)Governing Law.This Deed of Trust shall be governed by the laws of the State of Nebraska. and Borrower are
<br /> �ed of Trust'as of,the date. �'�
<br />'rusto �executed is D ' °
<br /> wntt�n above.
<br /> � � _ � � . _ � ._ _���� . . . 1 � / �
<br /> ruce A. Schutte �
<br /> Trustor � �,�`' ' `�
<br /> Y n . Sc utte
<br /> Trustor
<br /> Trustor
<br /> Trustor
<br />
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