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<br /> � (p)ilTru�Wrbrtotanlrtdlvtdusl,ehst�tsu�nc�.eat�r,tre�n�i�r,a�atl�nrrt�nt,aonvayanceo�encumbrenc�olmor�lhan�G
<br /> -- , o��p�rc�ni at(it R aorporatlan�Ite lfsu�d�nd auutandln��took or(i!o partRer�hip)a totnl 01 p�rc�nt of
<br /> p�rtnenhlp tnlKNb durinp th�p�rtod eh�s ONd of Tru�t �enalna o Il�n on th�Praperry.
<br /> — t�, ��{K;AooN�aMpr,tlOon OM�uil.ln Mr�rxrt of any Ewnt of DNault Lsndtr m�y,wiehaut notic��xc�p4ra nquind by
<br /> law�d�atan�II tod�b�ednwe wound her�by to b�du��nd p�yabl�snd the ams shdt th�r�upon bsaom�dus�nd pty�bt�
<br /> vrNhout any pr�nlmMt,d�nand�P►oN�t or no�c�of my klRd TMn�iNr L�ndi►m�y:
<br /> �� (w) Demand that T�wa�exeral�s th�PAWER OF 9ALE praAt�d hsrNn,nrtd Trutle��halt th�rNtlor au�e Ttuqo��
<br /> - - ' ima�ast fn G'�Prop�y to�ac�ld nnd tho procc�do ta ba diat►Ikuted,all In the msnner provtdsd In th�Nsbrarka Trust DNd� �__
<br /> At�
<br />-- — (b) Bxaraiss any and alt ri�hb provtded tar In any ot tAe Loan Inetr�ments or by law upon oeouaenes of eny Ewnt ot
<br /> _ ONaulC and
<br /> :. (o)Commence tn aotlon to toreatoie this 08ed oi Tn�stas e mortpape,eppoint a reaeivsr.or speoHically enforo�any af th�
<br /> _,,,� covenanb hereot. �
<br /> No�emedy heretn contened upon ar�eserved to Trustee or Lender Is intendad to bo oxciusive ot any other remedy hereln,In the
<br /> �' Laan inatrumentn or Dy lav,r provided or parmitted,but each shall be cumutedve,ahail be In addfUOn to every other remedy piven
<br /> ;'P RYeurtt�r,!n tha I.ean Inst�umen�s oi�Awr Ar hernafter exiatlng et law or tn equily or by atawte,and may i�exeraised concurrentty. _-.
<br /> •F� Independently or aucceaaively.
<br /> � 13.Ttuetw.The Truatee may�ealpn at any dme wlthou4 cauee,and Lender may at any time and without cauae appolM e
<br /> succeaaor or eubstitutaTrustee.Trustee shail not be Ilable to anyparty,inctudinp without Iimitation Lender,Borrower,T�uatoror any
<br /> purchaser of the Properiy.tor any tasa or damage unleas due to reckieas or willtul miaconduct,and ahalt not be re�ulred to take any
<br /> sotion in eonneotlon with the enforeement of thle Deed ot Taet unlese indemnitied,in wrlUrtg,for all caste,eompeneation or
<br /> ezpenaes which may be associated therewith.in addition.Truetee mey become e purchaeer at any sa�e of the P�operty Uudiaial or
<br /> under tlte pa�er.ot eate g►anted heretn);postpone the sale ot atl or any portlon of the Property,as provided by Iaw;or sell the
<br /> t• PropeAy se a whote,or in sepa�ate pareets or�ote at Trustee'sdiacreUon. _
<br /> 14. FNS and Exp�nsa.In the event T�ustee sella the Property by exercise of power of sale,Trustee ehall be entitled to appfy
<br /> ,;,,, ,,•.,�,.,,;.: ;; , any sate proceeda flret to payment of all coets and expenses of exerclainp power ot eale,including ell Trustee'e teea,end Lendord _
<br /> ;;+. �rtd Trustee e attomey's foss,aotually inourred to extent permittad by appllcable law.In the event 8orrower or Trustor exarcises any �;-;;;��
<br /> � ,�; 1:��. Npht provlded by tew to cure an Bvent of Daisuit,Lender shalt be entltted to recover from Troator sll costa and expe�ees aotualiy -
<br /> ` � �`" "�``•��+ � "` inourred aa a reault of T�uator's dofauN,Inaiuding wrihout IlmMatlon all Trustee's and attomey's tees,to the extent permitted by _-_
<br /> .,.;::�. • t;.
<br /> ., :,�.. apqlicable iaw. -
<br /> rs���j� j �t f.�;�;��'r, :' 18. �utun Advana�s.Upon requeat ot Bonower.Lender may.at ita opUon,make addlUonai and tuture advances and re- __
<br /> '`•'��'��# �•"°'��;1`� � advancea to Borrower.8uch advances and readvances,with Intereffithereon,ahalt be seaured by this Deed of Trusf.At no time shatt
<br />_ ,,,�.b�r�,:� •a�„��,����' �• 8
<br /> ,�°��r°;:i���w,��,y�g�{;�r the pMncipat amount ot the Indebtedness secured by thts Deed of Trust,not Mcludin suma advanced to protect theseeu�Iryof th s r�
<br /> �. ,r�,,,.:,.t••ti•:�s,:;.�;a Oeed of Truat,�xceed the origUai principal amount steted hereln.or$ whiohever la greater. ��_
<br /> v : ' n .`y:a;,. 18. MMcW�n�otti Protibiott�. F �.:
<br /> 'r ��� n - (a) Bonow�r No!R�Nt»d.Extenslon at the tlme tor payment or modl(Icapon ot amortizadon of the aums secured by thia �.�_
<br /> �`r�'��� :��• ' Deed of Truat granted by LenCer to any successor in irrtereat vi 8orrower sha!!stai apurale to f�.!n sny m�nne►.!!�e IledlutY C h -
<br /> ��` � ''�""'� o}the ortpinai Borro�ver and Borrower's suocessors In interesL Lender shvll not be requtred to commence procaedin�a apalnst � .�
<br /> -,���� .' ' ' �� auab nuoceaaor or retuee to exten d t ime for payme n t o�o t h arwtse modl y amortisation ot�e suma�eeoured by thia Oeed of Tru�t �__��
<br /> 1,,:.•? : . .`_.:, by reason of any demantls made by the origlnal 8orrower and 8orrowor's suacesaors In Interos� ��`�_.
<br /> ��'-�
<br /> �••� �. �•� (b) I.�nda's Pow�n.Wlthout atfeoUnp the tlebiNry ot any other pereon Ilebie for the payment ot any obit�edon herein ;�-:
<br /> ;r.
<br /> � � ' ' mendoned,end wlthout a8eati�g the Iten or charge of thls Oeed at Truet upon any poRion of the Properiy not Meo ortheratofore ,
<br /> '• reteased as eeauriry tor the fuil amount of ali unpaid obtlgatlons,Lender mny,irom dme to tlme and wiehout notice(i)retoaae any
<br /> ,;s:,�y;��., e� . ' persor+eo Ilabte,(tl)e�ctend the meturity or elter any af the terms oi any euah obtigadona,(iil)g►ant other Indutgencea,(iv)rWeaee _
<br /> ' or reconvey,or cause to b e re te a e e d o r r e c o n v e y e d a t a n y t t m e a t L e n d e r's o p tl o n a n y p ar c ei,pordon or all ot the Pr o p e A y.
<br /> .�r,,,,.�.,,,_ .:,�.,;�, ��; (h take or reiease any other or additlonai security for any obltgation hereln mendoned,or(vi)make compoaltiona or other
<br /> . , arranpements with debtors In�elaUon Mereto.
<br /> • � �,.�' . (aj Fo�Wannat by I.�nd�r Not�Wetirtr.Any forbearance by lender in exercising any right or remedy hereunder,or
<br /> - .•� • otherwise sftordad by appiloab�e law,shail not be a walver ot or prealude the exercise of any auah right or remedy. The
<br /> .:.r..,x-.. " ., �,:....
<br /> :;.:i•: - .� ,t procurement of inaurence or the payment of texeaor otherllena or chargea by Lender shatl not be a waiver of Lender's rightto
<br /> �.,,:,.. , acceterate the maturity ot the Endebtedneas secured by th�Deed of Trust .
<br /> ,„�,,�.,, „ ., :__ (d) Sucussors end Asdpns Bound;Joint and 8erent LlsbtUty;Captloa�.The covenants end agreements herein con-
<br /> po
<br /> - • tafned shail bind,and the righta hereunder shall lnu�e to,the respeative euccessora and assigna of Lender and YrueWr.All
<br /> - coVenanta and agreements ot Truator shali be jolnt and severai.The captlons and headings ot the paragraphs of this Deed of
<br /> Trust are tor convenlence only and are not to ba used to Interpret or deftne the provislons hereot.
<br /> (e) R�quat tor NoUc�s.The partles hereby requeat that a copy oi a�y notice ot detau�t hereunder and a aopy ot any notice
<br /> ��:�.�' :; , , ot sale hereunder be mailed to each party to this Deed ct Trust at Me addreas set forth above in the manner prescNbod by
<br /> .��,- '' appiicable law.Exceptlor any othor noUae required underapplicabie law to be given in another manner,any noUce provided
<br /> �_• tor in thla Deed ot Trust ahall be given by maiiing euch notice by certitied mall addressed to the other parties,attheaddress eei
<br /> '�' torth above.Any notice provided tor in this Oeed of Trustaheli be eNeotive upon maliing in the manner desfgnated hereln.It
<br /> '��,1';�� Trustor ia more than one person,notice sent to the addreas set torth above shatl be nodce to ail such persons.
<br /> ' :•=:;����x. ' � (� Intp�aUon.Lender may make or cause to be made reasonable entriea upon and InspecNons ot the Property,provided �;
<br /> �'• �:��' ., that Lender shal�give Truator notiae prlor to any such inspeatlon speciying reaeonable cause theretor retated to Lender's
<br /> .�' " • IMerest In the Property.
<br /> �� • • (g) R�eonwyana�.Upon payment ot ail suma secured by thls Oeed of T�uat,Lender ahall requeat Truatee to reeonvey the
<br /> �� ' � Properly and shail surrender this Deed oi Trust and all notes evldencing indebtedness seeured by this Deed of Truat to Trustee.
<br /> Trustee sha�i reconvoy the Propetty without warranty and without charge to the person or pereona�egally entlGed thereto.
<br /> � Truator ahatl pay ell coats of'reaordaHon.tt any.
<br /> . (h) Pefnonat Proptrt�►:8�audt�►A�rNnnM.As additionei securfty for the payment of the Note,Trustor hereby grants
<br /> �,.,. � a„ c Lender under the Nebraeka Uniform Commercial Code a securNy interest in all fixturea,equipment,and other pereonai property
<br /> �" . � uoed In connecdon wlth the real estate or Improvements located thereon.and not otherwise deo�ared or deemed to be a part of
<br /> ��. .. , the real estate seoured hereby.This insuunient ahall be construed as a Seauriry Agreement under sald Code,and the Lender
<br /> „ �, ahell heve all the righta and remedles ot a seoured party under sald Code In addition to the rights and remedlea created under
<br /> and accorded the Lender pursuant to ihis Deed of Trus�provided that Lender's rights and remedies under this paragraph ehall
<br /> �C. , be aumularive with,end in no wey a IlmitaUon on,Lender'e rights and remediea under any other security egreement slyned by �
<br /> '-`�•• ••�� 6orrower or 7ruator.
<br /> � �:'�� ____-_____—_�•_ __ �i1 Lt�s nnd Enaumbrana„.Truator hereby warrantB and repreaente that there ia no detault under the provlslone ot any �
<br /> moRgage,deed of treiat,tes8e or purahese Contraat desCnbtng ati or any pari oi ine rropnriy�V�VltlOi VV�IUOYy/t10N VIi10u�vT �-
<br /> •�i. � � agreement constituUng e Ilen or encumbrance against all or any parc oi the Property(caltecdveiy,"Liens"),ex{sdng as of the I
<br /> �� date ot thls Deed ot TrusL and that any end all existing Uens�emaln unmodl8ed except as disciosed to Lender in Trustor's
<br /> • w�itten disa�osure of Ifens and enoumbrancea provided tor herein.Truator ahal�timely pedorm aIi of Trustor's obltgations.
<br /> covertante,repreaentationa and war�Andes under any and a�l exieting a�d future Llens,ahall prompUy foMrard to Lender coples �
<br /> . ' , , ot RII no�ces of detauit sent In connecUon with any�nd all exlsting or tuture Uens,and ahall not wlthout Lender's p�ior written i
<br /> consent�n any menner modify the provislons oi or allow any tuture advances under any exleting or future Liene. ,
<br /> `�"'°� paymen�of principaPand in ereaL1ensurta ceiproa�eods,cond mnatonpprooeeds andhonta�and proftts,s alltbe appll d�by �
<br /> � �',`�f''' ` Lendsr to the amounts due and owing hom Truator and Burower In auah order as Lender In Ita so�e dfsoreUOn deems deaireb�e. �
<br /> � (k) Swenbli�t�r.I}eny provision ot this Oeed of Trust aontlicta wlth applicable Iaw or la deo�ared invalld or otherwlse '
<br /> � ��•��:;;,. .� unenturceabie,euoh contlfot o�invaiidlt�►ehall not atfeatthe other provleona ot this Deed ot Trust or the Note which oan be �
<br /> ' . '�•.:•1,'� glven efteot without the conflicting provlsion,and to thle end the provislane of thfa Oeed ot Truat and the Note are deatared to be �
<br /> ' �'"� severable.
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