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200512280 paragraph shall be cumulative with, and in no way a limitation on, lender's rights and remedies under any other security agreement signed by Borrower or Trustor. (i) Liens and Encumbrances. Trustor hereby warrants and represents that there is no default under the provisionsbf any mortgage, deed of trust, lease or purchase contract describing all or any part of the Property, or other contract, instrument or agreement constituting a lien or encumbrance against all or any part of the Property (collectively, "Liens"), existing as of the date of this Deed of Trust, and that any and all existing Liens remain unmodified except as disclosed to lender in Trustor's written disclosures liens and encumbrances provided for herein. Trustor shall timely perform all of Trustor's obligations, covenants, representations and warranties under any and all existing and future Liens, shall promptly forward to lender copies of all notices of default sent in connection with any and all existing or future Liens, and shall not without lender's prior written consent in any manner modify the provisions of or allow any future advances under any existing or future liens. (j) Application of Payments. Unless otherwise required by law, sums paid to lender hereunder, including without limitation payments of principal and interest, insurance proceeds, condemnation proceeds and rents and profits, shall be applied by lender to the amounts due and owing from Trustor and Borrower in such order as lender in its sole discretion deems desirable. (k) Severability. If any provision of this Deed of Trust conflicts with applicable law or is declared invalid or otherwise unenforceable, such conflict or invalidity shall not affect the other provisions of this Deed of Trust or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Deed of Trust and the Note are declared to be severable. (I) Terms. The terms "Trustor" and "Borrower" shall include both singular and plural, and when the Trustor and Borrower are the same person(s), those terms as used in this Deed of Trust shall be interchangeable. (m) Governing Law. This Deed of Trust shall be governed by the laws of the State of Nebraska. this Deed of Trust of the date written above. 4Z ~ ChYd( JO SCHuLTZ TRUSTOR TRUSTOR STATE OF NEBRASKA COUNTY OF HALL ) )SS. COUNTY OF BUFFALO ) )SS. ) 15TH day of DECEMBER ,2005, by ~O\~ Notary Public The foregoing Deed of Trust was acknowledged before me this RICK AND JODI SCHULTZ. HUSBAND AND WIFE STATE OF NEBRASKA TONIA KONWIN8J(f MY COM\1/SSlON EXPIRES May 15, 2009 The foregoing Deed of Trust was acknowledged before me this _ day of ,2003, by , of a Corporation, on behalf of the Corporation. Notary Public STATE OF NEBRASKA COUNTY OF BUFFALO ) )SS. ) The foregoing Deed of Trust was acknowledged before me this _ day of , 2003, by I a partner on behalf of Notary Public STATE OF NEBRASKA COUNTY OF BUFFALO ) )55. ) The foregoing Deed of Trust was acknowledged before me this _ day of , 2003, by ,of a limited liability company. Notary Public