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<br /> (a) Lrwrow�►qot 11M��d.Exl�n�ion ot th�dm�for paym�nt a modilbation of amorGs�don oi qk wms a�cund by thi�
<br /> DNd of Tru�t pr�nf�d by L�nd�r to any succ�wor In Int�nst of Borrow�r sh�Ii not op�rat�to ntMt�,in any mann�r,tA�Il�bility
<br /> - of tM orfpin�i Borrow�►�nd 8orrowa'�woceuon In int�rN�Lend�r shill not b�nquind to comm�nc�procNdinps�p�intt
<br /> T'�� suah succaa�a nfuu to�xbnd Um�ta paym�nt or oth�rwis�modlly amarti�tlan of fh�wms pcund by this M�d of Trutt
<br /> ` by roaaon of nny demende mede by the orig�nel 8or�aw�r and Borrow�r's�ucc�ssors In Intsnat �__
<br /> �:�� (b) LN�d�r's Pow�rt.Wlthout aH�adnp th�U�bitity of�ny oth�r p�non It�bl�tor the psyment of any obliq�don her�in
<br /> - m�ntion�d,and wlthout a(batinp ths Il�n or aherye of thli Dad ot Tru�t upon eny portlon af ths Property not ihen or th�retofon
<br />°�-- relMS�d�s s�curlry for ths fuil amount of aii unpald obltpatlons,Und�r may,trom time to tlms�nd without notice(1)niw�e any
<br /> p�r�on to Iiabls,(tl)�xbnd ths mrturily or alter any of th�tarms of any suaN oblipationi,(111)pr�nt othsr indulpsncss,(►v)rels�ts __.
<br /> �+� or reaonv�y,o�cau�s to bs reioased or reconvey�d at any dms at Lsnder'�optiqn any percei,portlon or ail of the PropeRy,
<br /> — (v)teke or rei�aw any oth�r or additlonal saaurity for any obiipadon h�nin mentioned,or(vf) maks compoiitlon� or oth�r
<br /> _ �.��� arrmpsmenb with d�btors in relation thereto. __
<br /> ���---- (c) ForbMr�na�by L�nd�r Not s W�iv�r.Any torbeannce by Lender in exercisinp any ripht or remedy hareunder,or �
<br /> � , � _ ,y.��,,-�� othsrwiie aHordsd by appllaabla tew,ehell not be a waiver of or preclude the exerclae ot any such ripht or remedy.The
<br /> � proauremant of in�urance or the payment of taxea or othsr Ilens ar oher�ea by Lender ahall not be a waiver ot Lend�r'a�ipht to
<br /> � — '� • ���� •• accetarata ths maturiry of the Indebtedneas eecured by this Deed of TrusG
<br /> °`°°°�� (d► Sueowat and M�{On�oound;Jotnt aed Sw�ral LiabiNty;Captbn�.The covenants and ayreemenis herein con-
<br /> - -- tained shall bind,and the riphts heroutfder shali Inure to,the respective sucaessors and asslsna of Landor und Truator.All _„
<br />-:��'�' � covenants end apreement�ot Tru�tor shelt be Joint and several.The captlons and heedinps oi the parapraphs of thls Oeed ot
<br /> st•'vr.,�
<br /> . ��_ '.,;,, Trwt are for convenlenoe only and are not to be uaed to interpret or define the provision�hsreot.
<br /> �,": .�;•:'°'�:;..; (e) RpuNt 1or Noticn.The partles hereby request thet a copy ot any notice oi detault hereunder and a copy of any nattce �
<br /> , � �t�.:-.: ' t ` of eaie hereunder be matled to eech party to this Deed of Truet at the addrees set tonh above in the manner prescribed by �
<br /> '``�"�''"'`'�'''':''�i"�� appilcable Iew.Excspt tor any other notice required under appilcab�e�aw to be given in another menner,any notice provided =�'
<br /> �� tor In this Deed of Trust thall be yiven by mal�ing such notice by certifled meit addreased to the other partiea,at the addresa set _
<br /> �^•��-�••;• - - ."�,• fohh Above.Any nodce provided for in thla Qeed of Truat shait be eHective upon meiiinp in the manner designated hereln.If _
<br /> !•����'_�^�`� ' �' Tru�tor ta more then one person,notice sent to the addresa set torth above shali be notice to al�auch persone. —
<br /> ' (n Insp�atbn.Lender may make or cause to be made reasanable entrles upon and Inspections of the Property,provlded �
<br /> �,:;H��.,����-•::•..-.�•'; thet Lender ahall give Tru�tor notice prior to any such inapectlon apecifylnp reasonab�e cause theretor reisted to Lender's
<br /> � int�rsst In the Prope►ty.
<br /> v��h;, ,,,, ,,;,;; ,;, (p) R�conv�y�na�.Upon peyment of ail sums aeaured by thls Deed of Truat,Lender ahatl request Trustee to reconvey the
<br /> Property and shail surrender this Deed of Trust and atl notes evidencinp indebtedneas secured by this Oeed ot Truat to Trustes.
<br /> � � ��l. Truatee�hait re^.anvey the Property without warranty and without charye to the person or perwns leyaily entlGed lhereW.
<br /> ' � Trustor shail pay all aosu of racordation,tf any.
<br /> _>.:±�'i���;s_�.i._ • —
<br /> -. — (h) p�non�i Propai�l;Swudiy A�rwr�na.Aa addlt�onal cecurlty!or iha paymsnt af tfis rlots,Trustor hereby pranl�
<br /> • Lender under the Nebraska Unitorm Commercial Code a security fntereat in ali tlxtures,equlpment,and other personal prppeAy
<br /> uaed in connection wlth the real estate or tmprovements located thereon,and not otherwlse declared or deemed to be a part of
<br /> ' the real estate�ecured hereby.This Instroment ahali be construed as a Security Aflreement under sald Code,and the Lender _
<br /> ., shall hava atl the riphts and remedtea of a secured party unde�said Code in addltlon to the rights and remedies created under
<br /> � � ' � � � and acoorded the Lander pursuant to this Deed of Trust;provided that Lender's riphte and remediea under thia perayraph shall =
<br /> i • � bv cwuui�it{ve wlth,ai�d ir�na way a Itmitati�n on,Lender'=_rlQhts and rpmarllwa under any other aecurity apreement sipned by _
<br /> � • Borrowor or Trustor. _
<br /> (q Wn�and Encumbranan.Trustor hereby warrants and represents that there ts no de(ault undar the provisiona of any —
<br /> � mort�aye,dead of truat,Iease or purchase contract describing all ar any part o1 the Property,or other contract,inetrument or ��.
<br /> Q�I, •� � ayreement constituting a tlen or encumbrance against ait or any part of the Property(coilectively,"Liens"),existing as ot the �
<br /> --. � � date of this Deed of Trust,and that any and alt existing Liens remaln unmoditied except as disclosed to Lender fn Trustor's �_
<br /> •� wrltte�disClosure of Ilens and encumbrances provided for hereln.7rustor shall timely periorm ali ot Trustor's obtigatfona, r�'
<br /> �r .,, � covenants,repreaentatlons and warrantlea under any and ali exisftfng and tuture Uens,shall promptly torward to Lender copiea �
<br /> • of all nOtlCea of defauit aent in connection with any and ait ezisting or future Liens,and ahall not without Lender's prior written �,
<br /> � -•.', ,. consent in eny manner madify the prov(sions of or aliow any future advances under any existinp or future Liens. �'.
<br /> � � .. Q) App�k�fion of Paym�nb.Unless atherwise required by law,sums paid to Lender hereunder,Mcluding without limitation p'=�
<br />•,�. , . . , • ' payments of prinofpel and interest,insurance proceeds,condemnatfon proceeds and rents and protlts,ahell be appiled by '
<br /> Lender to the amounts due and owinp irom Tru�tor and Borrower in such order as Lender in{ts sole discretion deams desirable. k
<br /> . . (k) S�wrablllty.Ii any provlsion of this Deed of Trust con(Ucts with appilcable law or is dec�ared Invalid or otherwiso ;�.�
<br /> unenforceabie,such confilct or Invalidity shali not aHect the other provisons of this Deed of Trust or the Note which can be
<br />`` ylven ettect without the confitcdnp provlslon,and to this end the provisions of thla Oeed of Trust and the Note are declared to be !-.
<br />-.-. '. ..`. ';';::,, sevorable.
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<br /> (1) TKtn�.The termst"Trustor"and"Borrower"shall include both singular and plurai,and when the Trustor and Borrower
<br /> _ ���+, �^ _ti��< =•• ars the aame peraon(s),those terms as used In thla Deed of Trust shail be Interchengeable.
<br /> - --- "` ��•, (m)Gov�minp I.�w.This�68d oi Truet 9he11 be govemed by the 18ws oi�he State of Nebraska.
<br /> � fn� � Trustor has executed this Oeed ot Trust ea of the date written above. -
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