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<br /> • ` ��::',.�,, _;i,;:� l�) /bROwM Mat RM�awd.facbnslon of th�Urrw tor p+ymmt w modiNc�t;on of amoRlzatbn ot 1h�wm�sacund by ehb
<br /> Dad of Tn��t pr�nUd by Lwnd�r to any succ�In inbnst of 6arow�r�hall not op�rat�W rrl�ae�,in�ny m�nn�r.lh�Ii�blliry
<br /> ''��.':.r�`4: : w� � of th�or{pinN 8orro�w�r�nd Bor►owK's suacpwn in ini�r�t. L�nd�r Rhiil twt D�rpulnd to comm�nc�procNdlnas apaltut
<br /> �,,K.� m�nt or oth�rwis�modi amarGz�don of th�wms Ncund by this DMd olTnat
<br /> �"`'.;�..,.". _ wch wcc�or a rMua to�zt�nd tlrr�tor p�y �Y
<br /> - �• by nsson of�ny dNnanda mad�by th�oNpin�t 8orrow�r�nd Borrowu'�wccasors In InhrN4 r ...
<br /> ' � +�`�" (b� L«�dw's pow�, Without afl�cUn�th��I�blilty of my oth�r porson IiabN lor itw payawnt ot any obitpaUon h8rain
<br /> � � mendon�d,�nd with�ut�M�cGnp th�Il�n or char��of thl�ONd of Trust upon any poRion of th�Prop�rry not th�n or th�rMofon
<br /> .�°y' ' .� ,('.,,'.`� rN�a�d u�curity for Ihs 1ui�amount ot�II unpafd obllpations,l.ind�r may,irom pm�W dm�and without noqc�(q rMeu�any
<br /> - �� � � " p�rwn so Ilablo,(II)extsnd ttw maturlry or alkr�ny of tha tarms of�ny wch obllpaqons,(III►yrant oth�r Indutp�n�a,(Iv)rN�aw
<br /> __�'� �` .. . '" ' or nconv�y,or causs W b�relN�ad or rsconv�y�d d any tlrn�at L�nd�r'�opdon�ny p�rcN.portion or aIi dl th�Prap�ly. �
<br /> � . :}:.v,�d
<br /> _�,�, ..•F." _�� ,. (v)t�k�or rM�aM any othK or�ddlGonai �eaurlry for my obtlp�tlon h�rNn m�ndon�d,or(vq mak�composHlons or otMr
<br /> :�.°. _ arr�np�m�nb with d�btora In nt�tion thsreto.
<br /> � '° w:.�.aW�._ ,1,�_�,_�;y (c) Fotbotrane�by L�nd�►Nol a W�Iwr.Any to►bbr�ncs by Lander In exerctdnp+�ny�iyht or rsm�dy h�nuncNr,a ___
<br /> �;"�:° � ��P�`�" �� oth�rwis�aMorded by�pplbable I�w, shall not be a waiv�r of or prsciud�the sxerciss ot�ny such ripht or rem�dy.The
<br /> "" ; procunmsnt ot inaurance or the payment ot taxoa or other Il�ns or charpss by Lender shali not b�a walv�r of L�nd�r'�ripht to
<br /> �,� �,...-�_ ' acc�le►ats the rru�turiry of tfie ind�btednets�ecursd by this aaed of Trus�
<br /> - ?� (d) SuacNwn and AwIOn�Bound;Jotnt�nd Sw�rai LI�bNily:C�pWns.Tho covenant�and apreem�nts h�nln con-
<br /> � ; " ti�ined shati bind,and the rlphta hereunder�hell Inurs to,the ntpectivs succe�eors and assipnt ot L�nd�r and Tru�tor. AI� _
<br /> ` covensnb and ayreumsnts of Trustor shait bs Joint and teverai.The captlont and headinps ot the paraprephs of this ONd of _
<br /> s � T�wt are for convenience only and are not to be used to interprat or dsfine the provistons hereol.
<br /> (ey R�qwat tar Notic�t.The paAles hereby reque�tthete copy of any notice of detautt h�reundsr and a copy of any notice _
<br /> of aale hereunder be mailed to each parly to thia Deed of Trutt at the address set torth above in the mann�r prescrib�d by �___
<br /> appliceble Iaw.Except 1or any other noUce requtred under�pplfcebie Iaw to be ylven in another manner,any notice providrd _
<br /> for In thia Oeed of Truat thall be ylven by malling auch notice by ceRiiled mall addressed to the other partfea,at the addn�s ut �,�.
<br /> . forth above.Any notice provided for in this Deed ot Trust ahali be ettective upon maiifnp fn the manner deelpnated h�ni�.If
<br /> Tru�tor is more than one peraon,notice sent to the address set torth above shail ba notice to all euch persons.
<br /> - . (� Insp�ction.Lender may make or cauae to be made reaeonabie entrles upon and inspectlons of the Property,provid�d �
<br /> ih�t Lender shait give Trustor notice prlor to any such In�pectlon specifyinp reasonable cause th�refor n�atad to Land�r's
<br /> � Int�rest in the Property. ==
<br /> • (�) Rkonwy�nc�.Upon payment of all sums aecured by this Oeed of Trust,Lender shait request Trust�e to reconvey the
<br /> Properly and shali surrender this Deed of Trust end ait notea evldencinp Indebtedness secured by th14 Oeed of Trust to Trust�e.
<br /> Tru�tee ahail reconvey the Property without warranry and without charye to the pereon or pereons Ispally enGtled th�nW. �,•
<br /> Truator ihali pey eil coats oi recordaUon,if ony. --
<br /> . tts� Pes•-�ss�pipi�7:�!'y�Y�►Sr•�m�nt As additlonai security tor the payment of the Note,Tru�tor hereby�rants _
<br /> � Lender under the Nebraska Unitarm Commerclat Code a secu�ily Interest in ail fixturea,equfpment,and other peraonal proporry
<br /> used in connection with the real eatate or Improvements Iocated thereon,and not otherwise declared or deemsd to be a part of
<br /> the reai estate secured hereby.This Instrument shail be construed as a Securlty Agreement under said Code,and the Lender
<br /> � shpll have alt the riqhts end remedies of a secured perty unde�aeid Code in addition to the riyhts and remedles c�eated under �i '
<br /> a�d accorded the Lender pursuant to this Deed of Truat;p�ovided thet Lender's riphts and remedies under this parapraph ah�ll _
<br /> be cumuiative with,and In no way a Ilmitetion on,L.ender's ri�hts and remedies under any other security apreemsnt slyn�d by
<br /> . Borwwer or Truator.
<br /> . (p LNn�and Eneumbrmc��.Trustor hereby warrants and repreaents that there is no defauit under the provialona of any �•'_
<br /> mortyape,deed oi truat,lease or purchase contract deacribiny all or any part of the Property,or other contraCt,instrums�t or �":
<br /> �� aqreement aonstitutiny a Ilen or encumbrance epafnst ali or any part of the Property(col�ectively,"Liens"),exiatin�ee of the ��__ .
<br /> ���� date ot this Deed of Trust,and that any and all exfsdnp Liens remai�unmodifiod except es disc�osed to Lender In Trustor's
<br /> , �� written dlaclosure of Ilens and encumbrances provided for herein.Trustor shall timely perform all oi Trustor's obifyatfona, �
<br /> covenants,representetions and warrantfes under any and all ax�sitiny and tuture L1ens.shall promptly forward to Lender copfes
<br /> otalt notices of detault sent in connection with any and elt existing or tuture Liens,and ahall not without Lender'a prior written
<br /> � conaent In any menner modiry the provielons oi or ailow any tuture advances under any exfatiny or tuture Liens. �
<br /> Q) Applkation oi Paytn�nb.Uniess otherwise required by law,sums paid to Lender hereunder,including without Ilmttatlon
<br /> paymenta oi principai and Interest,fnsurance proc3eds,condemnation proceeda end rents and profits,ahall be appited by a ,.
<br /> Lender to the amounts due and owing from Trustor and Borrower in such order as Lender in Ita sole discretion deema detirable.
<br /> (k) S�vN�bility.�f any provision of this Deed of Trust confiicts with appiicable law or�s dectared invalid or otherwlae
<br /> unentorceable,such conflict or invaifdlty shali not aHect the other provisons of this Deed oi Trust or the Note which can be �.
<br /> fliven eHect without the conflictinp provision,and to thfs end tFie provisions of thls Deed of Trust and the Note are declared to be
<br /> severeble.
<br /> ' (1)T�tmi.The terma"Trustor"and"Borrower"shall include both singuiar and plural,and when the Trustor and Borrower k_
<br /> ere the eame person(9),those terms as used In this Deed of Trust shall be interchanqeabie. '•'
<br /> ' (m) Gov�rninp l.�w. This Oeed of Trust shali be yoverned by the laws ot the State of Nebraska. :
<br /> Ttu4tor has executed this Deed of Trust as of the date written abo e. � ✓
<br /> � �
<br /> . Arn� D Frandson Trustor Morried Peraon
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<br /> � i Connie L Frand�on Trustor horried Person
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