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<br /> „M���.� te.MMalla�ow P��erM1o�W.
<br /> (�) /�pwa Nol p�d.Ext�nsion of th�tim�for paymu�t or moditlapon o1�morUz�tbn ol lhe�um�wcursd by tl�b
<br /> �.1.. O�ed ol Tru�t pr�nt�d by L�nd�r to�ny wccsstor in internt ol Borrow�r�hdl not op�nt�to nl�us,In any manmr,the Il�bllity
<br /> �---�++� ot th�alplrul Bonow�r�nd 8orrow�r'�succswors In Inurpd.L����hFl�no!bZ{�1qY�rod to comm�nc�proa�sdinp�ap�inq
<br /> ruoh succusor or ntute to exland dnh tar paiym�nt or olh�rwiN mailly�mOA►s�tl ot th�sumt aour�d by thl�Owd of T►uq
<br /> - by rsa�on ot ony demands mado by Ihe orlpinal Borrower and BoRwwerrs�ue�p�8n in Inleree< <-
<br /> (b) I.�nd�'s pow�n.Wlthoul�II�cNnp th�If�bHiy of�ny oUNr p�►son 11�1�for th�p�ym�nt of�ny oblip�Uon hKNn
<br /> ' mendon�d,�nd wlthuut�H�cQnp lh�Ii�n or charp�of thl�Mod al Trust upon eny pordon o1 the Property not th�n or thentofon
<br /> ` - reteae�d a��ecuriry tor Ihe full�moum of all unp�id oblipatfan�,Lander may,lrom dma to dme and wlthout notice(q rete��e�ny
<br /> _-�,�a�i� peraon w Il�bl�,(iq sxtend tho m�turiry or�Itar�ny ol the terms ol eny euoh oblipadons,(Uf)pram othor Indulpencea,(Iv)relepee
<br /> or reconv�y,or cau�e b b�relMSed or reconveyed at any llma at Lender'f optlon any parcel,pordon or all of the Properly,
<br /> ��N w•° �� (�Wke or reloass eny oth�r or addiGonal eeauriry for�ny o6llyatlon herqln manlbnW,or(vl)m�ke compoiitlons or other -
<br /> -,:.; _- "".,;:«+ arranpementa witA debtors in reletlon thereto. 4-
<br /> , .. _tir ,r., (o) Forbs�ano�b�L�nd�r Nol�W�ir��.Any lorbearance by Lender in exerclelnp any riphl or remedy hereunder,or
<br /> ��� .���� otherwi�e aHorded by applicable taw, shell �ot be e wafver ot or preclude the exercise o1 any euch rlpht or remsdy.The
<br /> --.�-;. " procurement ot insuranee or the payment o1 teKea or other ilens or eherpes by Lander aholl not be a waivqr of Londar'�ripht to c
<br /> --�--p��:��; a�calente the maWrity oi Me indebtednets secured by thfs Deed of Trus�
<br /> - ._�:='- (d)8ueen�on�nd Aalnm Bound;Jo1n1�nd S�v�ral Wbllfly;GpNom.The covenanta and apreements hereln con-
<br /> - �"`=� telned shall bind,and tha riphts hereunder shell inure to,the reapeoUve suaoeasora and aeaipns of Lender and Trueto�.All �_
<br /> -_`���"�'.,; covenanb and a�reements ot Truator ahaN be rolnt and aeveral.The oaptiona end headi�ps of the perapreph�ol this Daed of
<br /> - ---� '��x'-:. Tn�t aro tor convenience only and ere not to be u�ed to interpret of dNine th�poviuons hereot �
<br /> ,�� �� E,�r (e) RaquMt fa NoticN.The partles hereby requeet Ihat�a'�d��'ei�ri�r notlo�of delault hereunder and a copy of any notice " _
<br /> ��.�r �s�? of aele hereunder be mailed to each party to this Deed ot Truat�l.if6`e`� tldi+�is4et toAh above In the menner preac�ibed by
<br /> :�:;j��J ii�t�?�Y�!'j'��,;;_ a p plicebte law.Exce pt lo►an y olher notice requlred under applici�6���iti�i�pen In enother manner,aoy notice provided `"
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<br /> _� for In thie Deed of Trust ah�ll be piven by mallinp auch notice by cerllli e d'f�►All�ddreased to the other paAlea,a11 h e a d dress ee t ,j;_,.
<br /> � � 'I,r' iorth above.Any nopce provided for in thle Deed of Truat ahall be effeotive upon meillnp in the maaner desipnated hereln.fl :
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<br /> �' y�:� "_�. t t;;;;? T►ustor ia more then one pereon,notke sent to the addresa aet lohh above ahall be noNce to all auch pe►sons.
<br /> '�� � ' (fl Insp�cHon.Lender mey make or cause to be made reaeonable entriea upon and inspecpona of the PropeAy,provlded �;=
<br /> �` ,'����'�'' lhat Lpndar ahell yive Tru4to� notice prfar to any auch Inapectlon speolyinp roaoonoble ceuse therefor relatod to Londor's ___
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<br /> _=,:i.��,?,�?; �.0.". �.�'�,�. intareat in 1he Property. —,-
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<br /> � : ;s;_, (�) R�conr�y�nc�,Upon peyment ol all eums seoured by thls Deed of Truat,Lender ahall requeat Truatee to reconvey e �,,-
<br /> � :,��; Property and�hall eurrender thie Deed ol Truat and all notes evidencing Indebtedneas secured by this Oeed of Truet to Tru�tae. -
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<br /> ...11'� ' � �`� n;,,: , • Truetee ahall reconvey Ihe Properly without war�aMy and wlthout charpe to the perton or perqons lapally endGod thereto. _
<br /> .--. ��x_;__ Truotor�hall pey ell coets of recordalbn,U any. -
<br /> �L � '"��'n (h) P�nond Prop�Ay;S�curity A�rNm�M. As additianel securlty for the payment oi the Note,Trusior hnreby pr�nts `
<br /> .°",i.�.."`;'�� Lender under the Nebra4ka UMlorm Commarclal Cade a eecuriry interest in all ffxlures,equlpment,end other peraonel propeAy _
<br /> ��� � used M connection with the real estate or Improvements located thereon,and not otharwiae declarwi or doemed to be a paR of
<br />-��3� � the real estate aecured hereby.Thla Instrument shall be construed oe a Securly Aqreement undar wid Code,end the Londor -
<br />':�•=,�.; '`,, fd shall heve all the rbhta end remedle�of a eecured perty under aaid Code in additfon to the riphts and remedles created under --
<br /> ' , � ; ; end accorded the Lender pursuant to thla Deed af TrusC prpY d d�t l�r U���ipd romadle�undor thit parapraph�holl �
<br /> ��'���a�� � be cumulative with,end In no way e Nmifatlon on,Landar�M�� �a`!�h j� q hy othor wourlry aprNrrwnt siyn�d by �=•-�
<br />.�-�°' � '�._., .. " Borrower or Trueta. f��ar�� r� �"1t�f�
<br /> (i) LNns and Lncwnbr�ncn.Trustor henby warrants Ond���ete��a pµt��s no delault undor the provfdons of aAy _
<br /> � f ��•` � mortpape,deed ot truat,leaee ar purchaae contracl deacrlbing all or any pert ol the�roperty,ar other contract,Instrument or
<br /> ��` �� "� ' �� ayreement constltutlny e llen a encumbrance agelnat all or an pa►t of the Propsrty(collectively,"Lfen�"),sxietlnp�e of tha
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<br /> :,-a�� date ol thia Dead of Trus�and that any and ell exittfny Lfens remain unmodNfed exeept aa dlaclosed to Lender m Truetor's _
<br /> written disclosure of Ilens end encumbrances provided for hereln.Trustor ahall timely pe►torm all of Truetoi e oblipetions, ��_ ,
<br /> _ ,;� pru.,,, covenanb,representatlona and warrentlea under any and all exlsitfng end luture Llene.shall promptly forward to Lander capies .•-•:
<br /> �� of all notices of delauN aent in connection with any and all exi8ling or luture Llena,end ahall not without Lender'e prlor wrUten �•-:
<br /> �'k` consent in any manner modity the provfaions ol or allow any future advences under any exlatlnp or future Liens. �'�"�'
<br /> �• �,} Q) Applic�tlon of P�ym�nU.Unleas otherwlse requlred by law,sums paid to Lender hereunder,Including without Ilmftation �A�_
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<br />_ , �, , poymenta of prfnclpel and Interest,Insurenae proceeds,condemnatlon proceeds and rents and profits,shell be appNed by
<br /> �,.,s;;�„ Lender to the amounts due and owinq irom Trustor and Borrower in such order as Lender in its sole discretlon deema desi►able. �,,,.
<br /> � �"F �,;��.:�• � (k)S�v�nblNty. If any provlslon ol thls Oeed o1 Truat confllcta with epplicable law or is declared Invalid or olherwise
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<br /> ,,,r,� . . unenforceeble,such coMlict or Invalidlry ahall not effect ihe other provisons of thla Oeed of Trust or the Note which cen be �?',-
<br /> _ � +: •� �-� �'� • given eilect wlthoul the contllctlnq provision,and to this end the proviabns ollhis Deed of Trust and the Note are declared to be �;,�•,
<br />. . �':`_,•:t�'' :��j;f:;c severable. __
<br /> .."y,�., :,z.,. (q T�rms.The terma"Trustor"and"8orrower"ehall fnclude both aingular and plural,and when the Truator and 8o►rower _
<br /> °�''jj�:. . t.;t-= are the eame person(s�,those terms es ueed In lhla Deed of Trust shall be Interchengeable.
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<br /> ;;�;n` • (m)Qov�mMO Lsw.Thfs Deed of Trust shall be governed by the lawa of the Stete ot Nebraske.
<br /> • � Trusta ha9 executed t�his peed of Trust as ol the dete written above. �
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<br /> . C 0. Bos e - Partner Blitabeth G. Trustor Bosselman - Spouse �
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<br /> • �s L. annon - Partner Mary . Trustor Cannon - Spo se
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<br /> La ral�A. iCalkowski - Partner M garet A. Kelkowski - Spouse
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<br /> � ' Charles B. Be�r - Partner Beverly L Beer - Spouse
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