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<br />- " ' •'" • �lc) �orb��r�ncm by l.mder Not�WtO�a�Any tor�earanco by Lend�r In exorcl8in9 any rlpht or romedy ftereunder,or ..
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<br />--W rx.;:?;���.��+•_•:.' ` • othorwlae A1lorded by apAllcaDle lew,ohAll not bo t�welvar ot or prealuda the oxercl�a ot Any such right or remedy.The �.;;,,.,
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<br /> pror,uremen9 of Ineuranae or tl�e payrrnent o}texee nr other Itene or cherflea by Len�inr shall nat be a waivar of Lender's rlpht te ""
<br /> � � accaterat�f tNe rnaturiry of iha Indabtt�dne99 encured by thla�eed af Truet. �*'
<br />___ti,._`.,:y_�;_^_;;. (d) Buc�naon.�nd Awb�n�8ound;Jolnt and 8�ve�l l.l�bllity;Captbm.The covenante and sqreemant�horeln con- 1�.�;•.'
<br /> `_-•:�r r�"''�°'"°�"�� talned ehall bind,and t�e rlghte hereunder shall Inure 40,ihe reapective auccessore nnd eaeigns of Lender and Truator.Ail �,
<br /> ,r.�:.....k � j covannnto and cgrc�mcnt9 09 Tnsator�hnll he Jolnt and snveral.The cAptlone and headlnfle ot tho paragra�phs of Ihle Deod of �r�.
<br /> _:.,.�5�,.�f��,5�,� Truet are for convanlence onry and are not to be ueed to IMerpret or detlne tFie provielone hereot. `-
<br />-_<�--�:;�ti.;�:'w'�„�- (e) R�qu�st for NotkH.Tho partl9s hereby requost that e copy of any notice of detauR hereui�dor and a copy of any notice ��;
<br /> � af sele hereunder be mnited to oach partb to�hla Doed ol Truet at the address set torth above In the manner Rrescribed by �� �
<br /> ;�`,,^r8�_y•'.�r appllcable lew.Excepttor eny other notice requlred under applicable IAw to be g(van In enother menner,nny notice provlded C�,�i ^_
<br /> = for In thla Deed of Trust ahal!bs given by malling such notice by cordltled mAll addressad to tha oiher partles,atthe eddress set ,
<br /> _ ��,,x,,;;��.:, . forth above.Any notice provided for in this DoQd o1 Trust shall be etiactfve upon mallinp U the manner designated herein.It `. :=
<br />_ �rustor Is more than one person,notice sant to the addreon ont forth above shall bo noUco to all such persone. :��-;�
<br />_- _ . ;�;,�;•:Y�, (� Inspoctian.Lender may malce or cause to 6e mado raasonablo entrtes upon and Inspectlons ot the Prop�rty,provided • ,-N�,
<br />-_ �'. thc�t Lender sh�ll pive Trustor nottce�Orlar to pny such Inepectian spaclfying reasonablo causo ther�tor rofated to Lender's
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<br /> ;`' 1� ; ,.; interoat In tho Property.
<br /> __ ;.;°s+_� (g) R�aonvoyAnce.Upon payment of pll aums oecured By thla Deed of Truat,Lender ahall requost Trustde ro reconvey the �,�
<br />�' �.:",�'�'�"•. Propsrty and ehnll surrender 4his Deed of Truet and ell notes evldenclnp indebtednesa socured by thla Deod of Trust to Trustee. r-;�
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<br /> ; t�i�,i.:,• •, Trustee ehail reconvey the Properiy wlthout warranty =�nd wlthout chnrgo to tha persan or porsons legelly entitlad thereto. ;Y
<br /> .:; Trustor shall pay all coab of recordation,If any. .�
<br /> �,,.,�,._ �. . ,.
<br /> (h) E�e�ar.a!paa�e�t;8-:urlty A�rxment,A8 edditionel sa::urlty tor the pnyment o1 the Nota.Truator hereby prante �'Y�•=
<br /> ���~ Lender�inder the Nebraska Uniform Commercial Code a s�,curlry Interest In all flxwres,equlpment,and other personal property
<br />-'�'',°�•' " '�� ueed In conneCtion with the real eatnte o�Improvemente locatod thRreon,end nat otha►wlee declared or deemed to be a part ol o--_
<br />'° the real estete eacured hereby.Thie Inelrwnent ehalt bo conotrued ee a Seaurlry Agreement undor eefd Code,end the I.ender �
<br /> .�� �� ' ehell have ali the rlphte and remedlee al n seoureC perty undor eald Code In addltlon to the riphta and remedloac reatad under ��,__..
<br />- : .,�•�N.... .
<br /> ---��� • and eccurded the l.ender purouanf to thl�Oead of T�ueh,provldad th�t I.ender'e rlgMs and remedlse under thls pwraprsph�hefl �
<br /> - be cumulative wlth,and In no way a Ilmltatlon on,Lendorb riphte anci romodloa undor any otlsor eeaurity opreement elgned by ��
<br /> o';;�;'��'�:'�'� eorroww or 7r�eMr. '""--�=
<br /> - • (1) �.f�n��nd EncunebrencH.Trustor hereby werrnnte and ropPOeants i hn t I h e r e l e n o d e}a u l t u n d e r t h e p r o v l d l o n e o}n n y ��'�
<br /> • "' . mort�epe,dse�ol truet,loaee or puraheev contrect deacrlbinp all or Hny part of the Property,or other contract,instrument or �=--
<br /> : apraement conatitutlnfl a Ilen or encumbrance epalnet itll o►any part of tne Property(collectively,"Llene"),exletlnp ae of tho �•
<br /> . - � date o}lhle Deed of Trust,snd that any end ull oxletinp i.lone remaln unmodiflod excopt ae discloaed to Le�dar In TruetoPe �`�'
<br />�, ;. ' • " ' w r i t t e n d l s c t o s u r e o 1 I l e n e a n d o n cumbrances provlded lor hersln.Truator ehall Ilmel y pertorm all ot Trustor'a obligetlona, �'�-
<br /> covenente,reprosontatlo�s and warrentles under any end ull exlslting and tuture Uens,ahall promptiy forwnrd to Lender coples '��`'.
<br /> ,�`�� •�"� Cf all noticoa of detault Bent in connectlon with any antl ell exleting or tuturo Llens,nnd sneii not witnoui i.�naer'e prior r�rinei� ����
<br /> � � conaent In any mannor modify the provlsione of or allow eny future advances under an exlstin or tuture LIenS. F`'
<br /> `- � � � Q) Ap�licatbn o1 Peymmt�.Untess othervvlse required by Iaw,suma paid to Lender hareundor,Including without Iimi4etlon �=-
<br /> _ • • paymente of princlpal and Intoreat,Insurance proceeds,condemnatlon proceeda and renta and profite,ehall be applled by �d•--
<br /> � . Lender to tha emounts due and owing from Trustor and Borrower In such order as Lender in Ite sole dlscretlon dnama deslrnble. �� �-
<br /> � (k)Stvtrablilty. If any provlslon of this Dead of T�uat confllcts with eppllcgbte law or is declared Invalld or otherwlse ��'�
<br /> � unenforceable,such confllct or invalfdiry shall not atfoct the other provisons ot this Deed of Trust or the Note which can ba �:-�.
<br /> __ �,,.,,; � • given eNect without the canfl lating provision,and to thla end the provislons ot thls Deed of Trust end the Noto are declared to be � ��,
<br /> -' � sovorabt9. ,���
<br /> _��_ ; _� (I) T�rm�.The terms"Trustor"and"Borrower"shall Include both ainguler end plural,and when the Trustor�nd Borrower �' �R
<br />- °".;";;"� ' aro the same peraon(s),those terma as used In thia Doed of Trust shall be Interchangeable.
<br /> � (m) Goveminp Law.This Deed of Trust shsll be governed by the lawa of the Stote of Nebraska.
<br /> -- �,_m,��r-. Truator has exeCUted thls Deed of Truat as of the date written above.
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<br /> �' DAVID L. NELS N HUSBAND
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<br /> ;, �. BETH 0. NELSON W E
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