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200213698
<br />(b) Lender's Powers. Without affectins the liability of any other person liable for the payment of
<br />any obligation herein mentioned, and without affecting the lien or charge of this Deed of Trust upon any portion of
<br />the Property not then or theretofore released as a security for the full amount of all unpaid obligations, Lender may,
<br />from time to time and without notice, (i) release any person so liable; (ii) extend the maturity or alter any of the terms
<br />of any such obligations, (iii) gram other indulgences, uV) release or reconvey, or cause to be released or reconveyed
<br />at any time at Lender's option any parcel, portion or all of the Property, (v) take or release any other or additional
<br />security for any obligation herein mentioned; or (vi) intake compositions or other arrangements with debtoms in
<br />relation thereto.
<br />(c) forbearance by Lender Not a Waver. Any forbearance by Lender in exercising any right or
<br />remedy hereunder or otherwise afforded by applicable law shall not be a waiver of, or preclude the exercise of any
<br />such right or remedy. 'I he procurement of insurance or the payment of taxes or other liens or charges by Lender shall
<br />not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this Deed of Trust
<br />(d) Successors and Assigns Bound: Joint and Several Lnabili 'Captions- The covenants and
<br />agreements herein contained shall bind, and the rights hereunder shall more to.. the respective successors and assigns
<br />of Lender and Truster_ All covenants and agreements of Toaster shall be joint and several_ 'f he captions and
<br />headings of the paragraphs of this Deed of Trust are for convenience ordy and are not to be used to interpret or define
<br />the provisions hereof.
<br />(e) Reuuest for Notices'. The parties irmeby request that a copy of any notice of default hereunder
<br />and a copy of any notice of sale hereunder be mailed to each party to this Deed of Trust at the address set forth above
<br />in the manner prescribed by applicable law_ Except "or any other notice required under applicable law to be gtycn in
<br />another manner, any notice provided for in this Deed of Trust shall be given by mailing such notice by certified mail
<br />addressed to the other parties, at the address set Lrth above. Any notice provided for in this Deed of Trust shall be
<br />effective upon mailing in the manner designated herein. If Truster is more than one person, notice sent to the address
<br />set forth above shall be notice to all such persons,
<br />(f) Ins eetion. Lender may make, or cause to be made, reasonable entries upon and inspections of
<br />the Property, provided that Lender shall give Trustor notice prior to any such inspection specifying reasonable cause
<br />therefor related to Lender's interest in the Property_
<br />(g) Reconyevanee- Upon payment of all sums secured by this Deed of Trust, Lender shall request
<br />Tmsfee to reconvey the Property and shall surrender this Deed of Tmst and all notes evidencing indebtedness secured
<br />by this Deed of Tmsl to 'i'r ustee. Trustee shall reconvey the property without warranty and without cUerge to the
<br />person or persons legally entitled thereto. Tmstor shall pay all costs of recordation, if any
<br />(h) Personal Pmoertv, ep riry Agreement As additional security for the payment of the Note.
<br />Truster hereby grants Lender, under the Nebraska Uniform Commercial Code, a security interest in all fixtures,
<br />equipment and other personal property used in connection with the real estate or improvements located thereon and
<br />not otherwise declared or deemed to be a pan of the real estate secured hereby. This instrument shall be construed as
<br />a Security Agreement under said Code, and the Lender shall have all the rights and remedies of a secured party under
<br />said Code in addition to the rights and remedies created under and accorded the Lender pursuant to this Deed of
<br />'I'mst, provided that Lender's rights and remedies under this paragraph shall be cumulative with, and in no way a
<br />limitation on, Lender's rights and remedies under any other security agreement signed by Borrower or Truster.
<br />(i) Limns and Encumbrances- Trustor hereby warrants and represents that there is no default under
<br />the provisions of any mortgage, deed of trust, lease or purchase contract describing all or any part of the Property, or
<br />other contract, instrument or agreement constituting a lien or encumbrance against all or any part of the Property
<br />(collectively, "Liens') existing as of the date of this Deed of Trust, and that any and all existing Liens remain
<br />unmodified except as disclosed to Lender in I'rustor's written disclosure of liens and encumbrances provided for
<br />herein Tmstor shall timely perform all of Trustor's obligations, covenants, representation and warranties under any
<br />and all existing and future Liens, and shall not without Lenders prior written consent in any manner modify the
<br />provisions of or allow any future advances under any existing or future Liens.
<br />0) Application of Payments. Unless otherwise required by law, sums paid to Lender hereunder,
<br />including, without limitation, payments of principal and interest, insurance proceeds, condemnation proceeds and
<br />rents and profits, shall be applied by Lender to the amounts due and owing from'I'mstor and Borrower in such order
<br />as Lender in its sole discretion deems desirable_
<br />(k) Sebifity. if any provision of this Deed of Trust conflicts with applicable law or is declared
<br />invalid or otherwise unenforceable, such conflict or invalidity shall not affect the other provisions of this Deed of
<br />Trust or the Note which can be given effect without the conflicting provision, and to this end, the provisions of this
<br />Deed of Trust and the Note are declared to be severable.
<br />(1) Terms. The terms "Trustor" and "Borrower" shall include both singular and plural, and when
<br />the Truslor and Borrower are the same persou(s), those terms as used in this Deed of Trust shall be interchangeable.
<br />(m) Governing Law. This Deed of Trust shall be governed by the laws of the State of Nebraska_
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