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<br /> ts. MMoM�n.«N�rMM«M.
<br /> (�)�iew�Not IIM�M�d.ExMn�ior►ol tha Mm�lor p�ym�nt or modlflc�tlo�t W�nfortls�tion of IfN��Mour�d py IMMs
<br /> DNd of TruM pnnMd by L�nd�r 10�ny sucus�o►in InMr�t of BorrowK�hall not op�b b rNNN,in�m�nnK,�IW�INy
<br /> o!th�orl�inal8onow�r�nd eonow�e'�wccwwn In InbrNt L�r�hiil nol b�n�ulnd b commM►o�pr0o�d�n0��nM
<br /> wch succNSO►a rNuM to�xt�nd Nnw for paym�nt or othKwiw modly�morU�tion o1 tM wrrw�u�d by Ihls DMd of TruN
<br /> by n�uon d any d�mmds mad�bY 1�oripi�l Bo►row�►�nd Borrow�r'�suec�on In InMrMt
<br /> -���------ (b) L�netK'�rewM�.Wlthout aM�adnp th�Iiabllly of�ny oth��pKwn II�bN for th�paym�nt ol any obll�tlor�h�rMn
<br /> m�nUoned,�nd without�f(�oqnp th�INn or charp�ot thls DNd ot Tru�t upon�ny portlon of IM Ptop�tty not thM a th�rNolon
<br /> r�Md s�wcurily tor thr tutl�mount of ail unpnid obllpaQons,L�nd�r may,lrom drr�10 Grtw�nd wlthout nofke(I)nl��ny
<br /> p�non w Ilabt�,(It)�xbnd d�maturlry or altsr any of th�urm�ol�ny wch obllpatlon�,(Iif)�rant oth�►indulp�nc«,(fv)�NNa
<br /> or nconv�y,or cauw Oo b�rN�t�d or nconv�y�d�t any tlm��t L�nd�r's optlon�ny parwl,portion or ali ot th�Qrop�ty
<br /> (�wk�or rNw�any otMr a�ddluona��sourity lor any ob�i��tlon h�r�In m�ntbn�d,or tv�)nwk�sorinPosltlons c►otl�r
<br /> inanpNn�nb wlth dNNon m�Nallon lhereto.
<br /> �a� forb���nC�by L�nd�►tiot a Walwr.Any torMaranc�by Lend�r In�x�rcl�inp�ny ripht or rem�dy h�nund�t,or
<br /> oth�rwlso dfordW by appilcabls law;sfiali not be a waiver ol or proctudo tha axarciw ot any such ripht a nm�dy.Tht
<br /> procurwn�nt of intur�nc�or th�paymen!ot tax�s ar other Ii�ns or ch�r�ss by L�nd�r shali not b�a wuw►of L�nd�r's ripht b
<br /> accdsate the maturity of ths indWtedn�u secured by this Deed of Trust
<br /> (d� ��rpn�d A��{p�s pound:,lotnf�nd 8w�rat W�;CapHa�u.Th�covenanb and�pnsm�nri h�nin con-
<br /> tatnsd thall bind,and the rlyhtt hereunder shall Inure to,tho nspecqv�succsssors and atsipns of Lend�r and Truttor.AI!
<br /> cown�nb and�pre�m�nts of Truytor shall be Joint and ssvsral.Th�c�pdom�nd hs�dlnp�ot the parwrapht o}thls ONd of
<br /> Truit ars for conv��ienc�only and an not to bs used to Int�rpnt ar detlne the provistorn h�nof.
<br /> (�) RpuMt b►MoMcN•Th�partlss hereby rsquatt that a copy of�ny noGcs of dsfault h�reund�r and a copy of��y noGc�
<br /> w; of wis her�under be m�iled to each parry to thls Dead ot Tru�t at the addraa sat torth above in the manner presarlbed by ---
<br /> appiic�bls law.Exc�pt 1or any other notice requlred under applicable itw to be fllven in another m�nner,eny notice prov(d�d
<br /> fo�In this Deed of Trust fhall be qiven by mtlifnp such noUca by ceRitled mail�ddnued to ths othsr partiet,�t th�addnss s�t
<br /> � forth above.Any nopce provided tor In thls Deed of Trust shall be ettective upon m�ilinp In the manner d�slpn�Md hMrin.If
<br /> Tru�tor Is more than one person,noqce sent to the address set lorth above�hall b�notice to ali such persons.
<br /> (Q imp�clion.Lender may meke or cauae to be made rea=onab�e ent►fes upon and intpecqons ot tho Prop�rty,provid�d
<br /> that Lender sheli qive Tru�tor notica prfor to any such Inspecdon specityinp rea�onabie cauw theretor�atat�d to Lend�r'a
<br /> , inbrest In the Property.
<br /> (q) R�convq�nc�.Upon payment of ai�sums secured by this Deed of Truat,Lender shalt request Trostee to reconvey the
<br /> Property end shell surrender thls Deed of Trust and ail notes evidsncinp indsbtednass secured by this Oeed ot T�uat to T�ustN.
<br /> Tru�te�shail reconvey the Property without warranty and without cluir�s W th�psnon or persom Iopaily�ndtl�d tl�►�to.
<br /> • � f� i Trustor shail pey oll costs ot recordatlon.If any.
<br /> (h) P�rsonat Ptopetyt�u�ity AqrNm�nt.As additfonai securiry to�the payment of the Note,T�ustor hersby pranb
<br /> - Lender undar fhe Nebm�ka linitarm Cammorcial Cadc s securlh�tnlereet!n ell flxiurea,eq�llpment,!!nA Mhwr pa►aonal Qrop�riy ,
<br /> used in connection wNh the real estate or improvements located thereon,and not otherwiae declared or deemsd to be a part of
<br /> ��',�'�y!'�>��`��f the real estate secured hereby.This instrument ahall be construed as a Security Apreement under seld Code,and the Lender
<br /> - �%�.�.,.��.�'�,� .•.• ';' shatl have ali the riyhts and remedies of a aecured party under said Code in addition to the riphts and remedies created under
<br /> ; y�M.;�.•. .;�%;.:;;,;:;; and acco�ded the Lender pursuant to this Deed of Truat;provided that Lender's righta and remedies under this parapraph shali
<br /> • � • be cumulative with,and In no way a Ilmltetlon on,Lender's riphts and remedies under any oiher security epresrtwnt siqned by
<br /> - ��,���••'�•��>'-�-••� Borrower or TSustoc �
<br /> iM�w• .� �
<br /> .,r.'; ^ �: "���'�. `� (t) LNns snd Enaumbnnc�s.Trustor hereby warrants and represents thet there fs no defauit under the provislom ot any
<br /> mortpape,deed of truat;leeae or purcheae aontract deacribiny all or any part oi the Property,or othar aontract,instrument or
<br /> ' °''•,...�: . a�reement constltuting a!len or encumbrance against all or any part of the Property(coilectively,"Llens"),exiatinp as of the _
<br /> �-`�:� ��� �� date ot this Deed of Truat,and that any and all exfstinp Liens remain unmodi8ed except as disclosed to Lender in Trustor'a —
<br /> �•� '%'1°�•��• �' �� wrltten disc�osure of Ilens and encumbrances pravided for herein. Trustor shall timely peiiorm alt of Trustor's obtiyations, -- _
<br />- - •• '" covenants,representations and warranties under any and all existtiny end future Liens,shalt promptly forward to Lender copies �_;.
<br /> ,'.. ot all notfces of detault sent in connectfon with any and all ezlsting or future Liens,and shall not wtthout Lender's prior written ___
<br /> � consent in any manner modify the provisions o1 or allow any tuture advances under any existiny or tuture Llena.
<br />_ � . � r�• Q) Application oi Paym�nb.Unless otherwlse required by law,sums paid to Lender hereunder,Including without Ilmitetion
<br /> �� .,� ��• poyments of principai and interast,insuranco proceeds,condemnatlon praceeds and rents and proiits,sheli be applled by
<br /> • Lender to the amounts due and owing from Truator and Borrower in such order as Lender in Its soie discretion deema desirablo.
<br /> � (k) S�v�rabiltty If any provlsion of this Deed of Trust contUcts with applicable law or ts declared fnvalid or otherwfse —
<br /> _y„s„tl,,,. unenforceable,such conflict or Invalidiry shali not aifect the other provfsons of this Qeed of Trust or the Note whfch can be
<br /> ; yiven eHect withovt the contltcttny provlaion,and to thia end the provlsions ot this Deed of Trust and the Note are declared to be �-
<br /> ,ri. ` severable. �
<br /> ,��cy,�����,, (I) T�mts.The terms"Trustor' and"Borrower"shali inciude both singular and plural,and when the Trustor and Borrower
<br /> ��y are the same porson(s),those terms es used in this Deed of Trust shall be imerchangeabie. —
<br />_ (m) t3ov�min�Law.This Deed ot Trust shatl be governed by the iaws of tho State of Nebraska. �
<br /> � Truetor has executed this Deed of Truat as of the data written above nRS. PE S AND BROWN, A PARTNERSHIP �_'
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<br /> ' GAi�Fj L •P F.N -�Trustor ARTNER �
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<br /> ��,�.'.- ,.. / •�':'� .•. .-Z C.'� �..
<br /> RICHARD L BROWN, TrustorA PARTNER -
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