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11. Miscollanmous Provisions. 200302359 <br />(A) Borrower Not neleased. Extension of the time fur paynwnl or modification of amortization of the sums secured by this Deed of <br />Trust granted by Lender to any successor In Interest of Borrower shall not operate to release, In any manner, the Ilabity of the <br />original Borrower and Borrower's successors in interest. Lender shall not be required to commence proceedings against such <br />successor or refuse to extend time for payment or ollonvies modify amodlzallon of the sums secured by Ihls Deed of Trust by <br />reason of any demand made by the original Borrower and Borrower's successors In Interest. <br />pq Lender's Powers. Withoul affecting the liability of any other person liable for the payment of any obligation herein mentioned, <br />and without adecling the lien or charge of this Deed of Trust upon any ponlon of the Property not then or theretofore released as <br />security for the full amount of all unpaid obligations, Lender may, from time to time and without notice (I) release any person so <br />Kahle, (ii) extend the maturity or alter any of the terms of any such obligations, (Iii) grant other Indulmances, (Iv) release or re-convey. <br />or cause to be released or reconveyed at any lime at Lender's options any parcel, portion or all of the Property, (v) take or release <br />any other or additional security for any obligation herein mentioned, or (vi) make composllions or other arrangements with debtors In <br />relation there[.. <br />(c) Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise <br />allun ed by Applicable taw, shall not be a waiver of or preclude the exercise of any such right or remedy. The procurement of <br />insurance of the payment of taxes or other liens or charges by Lender shall not he A waiver of Lender's right to accelerate the <br />malmity of the indebtedness secured by this Deed of Trust. <br />(d) Successors and Assigns Bound: Joint and Seveml Liability: Captions. The covenants and Agreements herein contained shall <br />bind, and the rights hereunder shall Inure lo, the respective successors and Assigns of Lender And Borrower, subject to the <br />provisions of paupaph 0(c) h000l. All covenants and agreements of Borrower shall be joint and several. The captions and <br />headings of the paragraphs of file Deed of Trust are for convenience only and are not to be used to Interpol or define the <br />provisions hereof. <br />(c) Benuesl for Notices. The parties hereby request that a copy of any notice of default hereunder and a copy of any notice of <br />sale hereunder be mailed to each party to this Deed of Trust at the address set forth below In the moaner prescribed by Applicable <br />law. Except for any other notice required under applicable law to be given In another manner, any notice provided lot In this Deed <br />of Trust shall be given by mailing such notice by cedllied mall addressed as follows, or at such other address as shall be <br />designated in writing to the other parties, as provided herein: <br />Borrower Starostka Homes, Inc. <br />% Blauhorn Farm, Inc. 807 W. 4th St. <br />686 U Road Grand Island, NE 68801 <br />Palmer, NE 68864 <br />Lender Archer Cooperative Credit Union <br />2121 Archer Road <br />Archer, NE 68816 <br />Trustee Archer Cooperative Credit Union <br />2121 Archer Road <br />Archer, NE 68816 <br />Any nolire provided for In this Deed of Trust shall be deemed to have been given to Borrower or Lender when given In the manner <br />deslgneled herein. <br />(1) info llon. Lender may make or cause to be made reasonable entries upon and Inspections of the Property, provided met <br />Lender shall all narrower nonce prior to Any such Inspection specifying reasonable cause therefore totaled to Lender's Interest In <br />the property. <br />(a) neconveLance. Upon payment of All sums secured by this Deed of Trust, Lender shall request Yruslee to reconvey the Property <br />and shall surrender this Deed of Trust red all notes evidencing Indebtedness secured by this Deed of Trust to Trustee. Trustee <br />shall reconvey the Property without warranty and without charge to the person or persons legally entitled thereto. Such person or <br />persons shall pay All costs of recordation, it any. <br />(h) Personal Pmneriv Security Agreement. As additional security for the payment of the Note all fixtures, equipment, and other <br />personal property used In connection with the real estate or Improvements located thereon, and not otherwise declared or deemed <br />Io be a pan of the real estate secured hereby, shall be sell to a security Interest In favor of the Lender under the Nebraska <br />Unifenn Conenerclul Code, This Instrument shall be construed as a Security Agreement under said Code, and Ile Lender shall <br />have all the rights and remedies of a secured party under said Code In addition to the rights and remedies created and accorded <br />the Lender pursuant to this Deed of Trust. <br />Fnitfi LMn AlMr Pop.]or, <br />