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200410419 Any Signer who does not execute the Agreement ( "Co- Grantor ") is not personally liable under the Credit Documents. Rather, each Co- Grantor is co- signing to encumber such Co- Grantor's interest in the Property. Each Co- Grantor agrees that LENDER and any Signer may modify either Credit Document, without notice to or consent from such Co- Grantor and without impairing LENDER's rights under the Credit Documents. Each Co- Grantor also waives (a) any right such Co- Grantor might otherwise have to require LENDER to proceed first against any Borrower or any other person or to pursue any remedy in LENDER's power, (b) any defense or right such Co- Grantor might otherwise have arising out of any release granted any Borrower or any defense that any Borrower may have against liability (other than for full payment), (c) any defense against LENDER arising out of LENDER's exercise of a power of sale upon the Property, even if such sale results in the loss of any right of subrogation or other right of such Co- Grantor against any Borrower or other person, and (d) the benefit of any statute of limitations affecting the Property. 11. NOTICES. All notices shall be in writing. Except where applicable law requires otherwise: (a) LENDER notices shall be hand delivered or mailed by first class, registered or certified mail to the address of the Property or to such other address specified by the addressee in a written notice given to LENDER. Any LENDER notice shall be considered given on the day it is deposited in the U.S. mail (with proper postage affixed) or on the day it is hand - delivered. (b) Our notices shall be mailed to LENDER by first class, registered or certified mail to the address for such notices specified on our most recent monthly statement under the Agreement or to such other address specified by LENDER in a written notice given to us. Any such notice shall be considered given on the day it is received by LENDER. 12. GOVERNING LAW. This Deed of Trust will be governed by federal and Nebraska law. If any provision is invalid, illegal, or unenforceable, this Deed of Trust shall be interpreted as if such provision had never been included. 13. COPIES. We shall receive copies of the Credit Documents at the time they are signed or after this Deed of Trust is recorded. 14. EXERCISING REMEDIES. LENDER may exercise all of the rights and remedies provided by the Credit Documents or law, and any of these rights and remedies may be exercised individually or jointly, once or a number of times. The parties to this document are subject to the provision for Arbitration as set forth in the Agreement which is incorporated by reference as if set forth at length herein. 15. EVENTS OF DEFAULT. (a) The events set forth in paragraph 15(b) are Events of Default if and when LENDER gives any Signer notice of default. We agree to notify LENDER promptly upon the happening of any event that would be an Event of Default under either Credit Document upon the giving of notice by LENDER. (b) After giving notice of default, LENDER may end the Account and /or demand repayment at once of the Total Balance Outstanding in any of the following events: (i) There has been fraud or material misrepresentation by any Signer in connection with the Account; (ii) Borrowers have failed to meet the repayment terms of the Agreement for any amount outstanding; or (iii) Any action or inaction by any Signer has adversely affected the Property or any right of LENDER in the Property; to the extent permitted by law, this will include, but not be limited to, any Signer (or any legal representative or successor of any Signer) agreeing to sell, transfer or assign or selling, transferring or assigning any interest in the Property, without the prior written consent of LENDER. (c) Notwithstanding any language in this Deed of Trust to the contrary, LENDER will not take any action in the event of default unless permitted by applicable law and LENDER will give us any grace period, right to cure and /or reinstatement right required by applicable law. This paragraph 15 is intended to give LENDER all rights permitted by applicable law. 16. POWER OF SALE AND RELATED MATTERS. IF BORROWERS DO NOT REPAY THE TOTAL BALANCE OUTSTANDING WHEN DUE, LENDER MAY EXERCISE ANY REMEDY AVAILABLE TO IT UNDER APPLICABLE LAW, INCLUDING INVOKING ITS POWER OF SALE OF THE PROPERTY. LENDER SHALL BE ENTITLED TO COLLECT ALL REASONABLE COSTS AND EXPENSES, INCLUDING TRUSTEE'S FEES, INCURRED IN PURSUING THE REMEDIES PROVIDED ABOVE. IF LENDER INVOKES ITS POWER OF SALE UNDER THIS DEED OF TRUST, LENDER SHALL EXECUTE, OR CAUSE TRUSTEE TO EXECUTE, A WRITTEN NOTICE OF THE OCCURRENCE OF AN EVENT OF DEFAULT AND OF LENDER'S ELECTION TO CAUSE THE PROPERTY TO BE SOLD. LENDER SHALL CAUSE SUCH NOTICE TO BE RECORDED IN EACH COUNTY WHERE ANY PART OF THE PROPERTY IS LOCATED. LENDER OR Initial � A3 f} -4-