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<br /> �,.,. - ., 18. MNcN1�n�ou�ProviWon�. � ":��,R;`
<br /> ; ' ;�� .�; .,��,� . la) Bortowa Not RN�t�d.EKtenpion ol the bme lor peymenl or modd�cahon ol amorli:atlon ol the�um�secund by thls �:�::s�,• _
<br /> �', � ' ~, . Deed ot Truzt prantod Dy Lender ta any aucceaaor m mteretl o19or►ower rha11 n�t operate to release,in any manner,the Ilebllfty
<br /> r� of the orlpinal 8orrower end Borrower's succesaon m�nterert.Lender ahell not be requlred lo commence proceed�nps apalnsl _
<br /> �• • � such succossor or reluto to extend I�me br payment or otherwleo mod�fy emoAlzatlon ol the�um�secured by Ihl�O�d ot Tru�t =__
<br /> by reaaon ol any demends mede by the orlpinpl Borrower and Borrower's fuacesaors�n Interest. ��..�„_�
<br /> { ` (b� L�nd�r's Powm.Without afieclinp the i�abd�ty ol any other porson Ilable lor tho peymont ol nny obligenon he►ein • - . ��'�+�?�'-
<br /> mentioned,and wlthout aHectfnp the Ilen or charge ol ihls Oeed ol Truet upon eny porllon ol the PropeAy not then or theretofore � - - .:
<br /> � releaeed ae eecurity lor the lull emount ol all unpeld oblipatione.Lender may,lrom t�rne to time and wlthout notice(i)releaee any ��
<br />.. t: person so Ifeble,pl)extend Ihe matunry or elter any of the terms ol any such obl�getiona,(Uf)granl other Indulpences,(Iv)releaae
<br /> �r reconvey,or ceuee to be released or rFCOnveyed et any tlme at Lender's opllon any percel,portion or all ol the Property,
<br /> ?. (v)take or release any other or add�tfonal secunty for any oblfpatlon herem menUoned,or(vl)make compoeitfona or other ,•.,;.�. �'
<br /> +` , arra�gements wuh tlebtors in relauon thereto � •
<br /> � Ic1 Forb�aranc�by Lond�r Not e WNv�r.Any lorbeerance by Lender�n exerc�s�ng any right or remedy hereunder,or
<br /> otherw�se aflorded by applicable law,shall not be e wawer oi or preclude the exercise o1 any such nyht or remedy.The ;
<br /> � �� procurement o�I�surance or Ihe payment ot taxea or other hens or�hargea by Lender sha�l not be a warver ot Lender's nyht to g
<br /> • �• accelerate ihe matunty ot the mdebtedness secured by Ih�s Oeed ol Trust. e .
<br /> ; (d► Succ„son 1�nd Asslp�s Bouad;Joiot 71ad S�v�ral 117�bilfly;Captloos.The covenan�s and agreemenis hereln con• � �•t��•�-r.
<br /> � temed ahall bind,end the rights hareunder shall�nure to,ihe respectrve succeasors and assigns o1 4ender and Trustor.All F� �,��H i.(��;-••�i�*,'�,j:
<br /> � �� �" covenants and agreements ot Truator ahall te�oint and several.The capUons and headings of the parayraphs ol lhls Oeed ot , � ��f��:':;;.;
<br /> , t .s_��.' '�.,, : � ;�r` , ,,,-
<br /> ��+,J. , Trust are lor convenience only and are not to be uaed 1��nterpret or dafine the pravis�ona hereof. �#'
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<br /> +�' +.; � 'r�� (e► R�qua l for No t lcet.T h e p a A i e a h e r e b y r e q u a s i t h a l a c o p y o f a n y n o t i c e o f d e ti a ui t hareunde�and a ca p y ol an y nolice a.c •'•:�•�. ,, ,.�.����,;.��-.
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<br /> . ��; . �, ._�,� :. . ot sale hereunder be meiled lo each patty to this Peed ot Truat at the address set forlh abo�e ic ihe manner rescnbed by ,�:,t r I• � ,
<br /> ti,,,.�. ;, `!1;,• ��. � applicable��w.£xcept tor any oihar nol�ce requlred under applicabis iaw to be given in another rranner,any nodca pr�vided 1 •z , �t�: `
<br /> � •s�., � , 1 for in this peed o1 Truat ahall be glven by mailing such nutice by cehd:ed mail addreseed to the other parties.at Ine addreas aet l!,�. t
<br /> .. . :�.�i �,af � . .. - ;',� y�r'a_.`:
<br /> � •' ; . •��„���:,; forth above.Any notice provided lor in th�s peep ol Trust shall be efiaclrve upon malling in the manner designafed herein. 11 � �•� �, ;�,�.:;4,:
<br /> f�, •':.r�_ .';: '.���� � f'Er...-�,..
<br /> ��,. •. :..,: � ,.�, :;j Truator Is more thar�one perspn,notice seM to the addres&sel fonh aDOVe ahau be notice to alt auch peraons. F ' :. , . ,�:.;}_
<br /> (n In�poctlon.l.6nder may make or cause to be made reasonable entnes upon anq mspeclions ol tne Property.provlded � �• r�
<br /> ' that Lefld6t 8ha11 giv6 7iu91or notice prior to any such inapeCtion apecifymy raesonable cause therelor related to Lende►'s �
<br /> • Intereat In the Properry. �
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<br /> Ig) R�conv�yane�.Upon payment of a�i sums secured by this Deed ot Trust,Lender shall request Trustee to reconvey the � ��:
<br /> . • Froperty end ahall surrender thls Deed of Trust and all notes evldenang mdebtednesa secwed by thia Deed ot Trusl to Truetee. , .
<br /> Truetee shall reconvey the Propertv without warranty and wfthout cherye to Iha person or personc leyally entltled thQreto.
<br /> �• ' Truotor shall pay ell costs ol recordadon,if any.
<br /> . (h) P�nond P/op�rly:S�cudty Apn�m�nt.As atldiUonal aecurdy for the payment ot the Note,Truslor hereby 9reme �� : w_�Z*
<br /> Lender under the Nebraske Unllorm Commerual Code a secunry mlereal in au futures.equ�pmani,and uli�i,+persanot praparty -
<br /> used In conneclion wilh the real eatate or improvemenls Ioceted Ihereon,nnd not othBrwise declared or deemed to be a pe�t ot , ' ` i
<br /> � the real eslete socured hereby This instrument ahall be construed as n SeCUr�ty Agreemenl under snid Code,and the Lender .
<br /> shell heve all the riqhts and remedies ol a Secured party under sa�d Code in edddion to the nghte and remedfea creeted under
<br /> and eccorded the Lender pureuant to Ihia Deod ol Truat:provlded that Lender's nghts nnd remed�es under this peragraph shall ,
<br /> ' be cumutativo with,and in no.•a�a 1tr+Itel�n��n �pndpr'a nghts antl remedles under any olher aecunty ayreoment aipned by � �'!
<br /> � Borrower or Truslor. ;
<br /> (q LI�n�and E�oumbranos�,Truetor hereby warrenla and represente that there�s no delaull under lhe provf8lona ol any
<br /> , mortgege,deed ol lrust.lepae or purcheae contract descnbinp all or any part ol the Property,or other contrect Inetrument or � r
<br /> agreement constiluting a Ilen or encumbrance aga�nat all or any part ot the Property Icollectively,"L�ens"►,existing as ot the t
<br /> date ot thls Deed ol Trusl,an�1 thet an and ell exladn I.�ens remeln unmodllied except as dlsclosed lo lender fn Truelor'a I
<br /> y 9 .•�.
<br /> wrltlen dlaclosure ol Ilens and encumbrances provided tor herein. Trustor ahall tlmely perlorm all of Truetor'a obllgatione,
<br /> covenants,represenlatlona and warrant�es under any and all ex�siting and luture Liens,ahall promplly lorward to Lender coples
<br /> of all noticea ol default sent m connectlon wfth any and all ex�stmg or luture L�ens,and shall not wllhout 4ender's prlor wrltten (
<br /> � consent In any manner modlly the provlslona o1 or allow any lutu�e advances under any existing ot luture Liens.
<br /> Q) Appllcatlon ot Peyments.Unless otherw�ae requlred by�aw,sums paid to lender hereunder,mcluding wllhaut limitetion
<br /> ; payments of pnnclpal and interest,fnsurnnce proceeds,condemnation proceeds and renta and protits,shell be applled by ,
<br /> � • - ' •, Lender to the amounta due end owing Irom Trustot And Borrowdr m such order as Lender In It8 aole dlscret�on deema de9frable.
<br /> , (k) S.v.��auny.II any provision ol Ih�a Deed ol Trusl conllicts with applicable law ar �a decl8red Invalld or otherwiae
<br /> unenlorceable,such conllict or invalidity shall not atfect Ihe other provisons ol this Deed of Trust or the Note which cen tw
<br /> glven eHact without the conllicting pro�naion,and to lh�a end tho provisiona of this Deed ot Trust and the Note are declared to be
<br /> severable.
<br /> (I) T�►m�.The terms"Ttuator"and"Borrower"5hall include both s�ngular and plural,and when the Truator and Borrower
<br /> are the same person�s►,those terms as used�n Ihis Deed ol Trust BhAll be interchAngeAble
<br /> • • (m) Govtrnlnp L�w.This Oeed ol Trust shall be governed by the lawa of Ihe Stete of Nebraska.
<br /> � Truetor hea executed th�s Deed o1 Truat as o1 the date wntton abova. . / �
<br /> .� �1_ �e-/.L L /�./ r- ...-.1-1,
<br /> • Terrell M. H�rn�er Tr�s��
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<br /> ' Ri ta M. Gori'za 1 es rr�s�or
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