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1
<br />87- 100269
<br />1tk T ,The TFUglk593 'in as, i(rsign a9 any time wrthprA CauAf :;seta (t rt.er rr.ay at ally Yre'ie an 8 a Shirai -,a 1 se slapf,Il, a sUt.cesgur in 614b6htute TFrseo ripe
<br />shalt Rib# be !table hN shy to or danni9v Sir wits ails In actionable neghQth1i,n to `W ilf U! n iA101111litA and $hall n )f I. inglIffod lil talie any action if, conow"lior3 watts the
<br />enforcement of this Deed of Trust unless indpotrulmill to whfinq for all hosts vntnplin5atlonior expenses whleh m:vy tie oths i4gml itrsiewith in addition Trystf may
<br />t omeapurcnh tat any Gala rsf inn ftaoparty Uudj +.gal or under ins power Ol sad kit r,rttsdt l %ovga tethesal olallor any oration Of the property, 06 provided by maw.
<br />of Sol the Property as a whole or in separate parcels or lots
<br />e1 Frans Adl1FariFnk F. upon <€s uerill of Boriower. Lander may, at its option, Ina ku additional and fu,ute advanr;es and readvanpa. to Borrower Such advansas and
<br />reaQvancos, with intareftf thereon, shelf he secured by this Dated of Trust. At no I mlt shall the pnnc!pa, amoun=t of tria relebfaderss sefroord by this [)*all of Tr.10, not in.
<br />GiuttingsAkmsaCfYarxcecStd�rrofrolthesecurityOfthi�DeadofTrust ,caceadtheorgihaipr niripalamountntaterdbeenrin =),$,1 .wh%teveres
<br />gter, ...a
<br />12 M4000440ma Petri? #datta.
<br />(a) Bofrawar Nat Released. Extunslon of the time for paymenl or ma _I at r,fr of amorb'ahoi', of the burns nacuted by this David of T rind granted by
<br />Lenclaf t4 any succossor m interest of Borrower shall not operale td release, f' Ary manner, the liability If the onginai Borrpwer and Boflower @ succiatfi 6 in
<br />Interest:Ledo* ha =1flat ba raquirofl to cnmmenca proca ®dings against such sbecessorofrel usetoextendtunafor paymenl cr vtnerwise modify ame)rtiTefiOn
<br />of the suing Secured by this Deed of Trust by reason of any demands made by the onginal Borrower and Borrower's sucreiaom in interest.
<br />(b) LanAar' sPowers. Without affa etngihehablidyOf any other person liable tor the. paymenrof any obligation heounmanti ,med. and
<br />wNnoutattecbng
<br />Me lien ocnarge, of this DeRd of Trust upon any portion of the Property not then or theretofore released as security for the full amount of all unpaid obligations,
<br />Lender may from lima to brae and without notice i l l release any person so liable. ;u) ealecd the raratunly or alter any of the terms of any such obligations, iii!)
<br />grant otherindalgerees.(iv) release or recor, ey. or cause to be released or reconveyed Many!ime at Lenders options any parcel. Portion Or all of the Property.
<br />(Y) take or release any other or additional secure ty fprany obligation herein mel'rhoned, nr je i make compositions or other arrangement. with debtors In relation
<br />thereto
<br />ICI Forbearance by Lender Not a Waiver. Any forbearance by Lender :n v ,Cisnq any right or remedy hereunder. or otherwise afforded by applicable
<br />law. shall not be a waivarof or preclude the e xe,, : e, of any e(,cb nght ,r remedy . the prorurenuint of it ;urar,re or the payment of lanes or Omer hens or charges
<br />by Lender snail not be a waiver of Lender's right fo accwerate tee . munty of the indebtedness sec.xed by this Deed of Trust.
<br />(d) Successors and Assigns Bound; Joint and Several Liability; Captions. The covenants and agreerrents herein coreamed shall bind, and the rights
<br />hereunder shall mute to the respedbve succ es.or5 and assigns of t render and B ,rows•. sutnjeCt'o 11'e pr` amens of paragraph 8!e; nenlrif All Covenants an"..
<br />agreements of Borrower shalt be joint and several The captions and headings of the perag,aphsofihis Deed Of Trust are for ccmvemence only and are not to be
<br />used to interpret or define the provisions hereof.
<br />(e) Request for Notices. The parties hereby request Ida!a copyol any f dfifauil hersunderand a copy of any notice of sale hereunder be mailed to
<br />each party to Deed of Trust at the address set forth above in the manner prescrlhed by applicable law ExceDllo ranyolherndticerequ vedunderappticab(e
<br />taw lobe given in another manner, any nOhce proyided'or r •his Deed o' Tr St she' be gi'ren by ma I fly such no +ice oy Certified mall sears. ssed FO thn p!her
<br />parties. at the address set forth above
<br />Any notice provided for in this Deed of Trust shall be deemed 'o have peen given to 3orrower or Lender when given in the manner designated herein..
<br />(f) Inspection. Lender may make or cause to be made reasonable entries upor� and inspections of the Property - provided that Lendershafi give Borrower
<br />notice prior to any such inspection specifying reasonable cause therefor re +idea lo , e• der s interest in rte Property.
<br />(g) Rreconveyance. Upon payment of as sums secured by this Deed of i7ust. Le, "del shall request Trustee!oeccor.vey ins Property and shall surrender
<br />this Deed of Trust and all notes evidencing Indebtedness secured by INS Deed of Trtrst to Trustee T rustee shall recorvey the Property without warranty and
<br />without charge to the person or persons legally entitled thereto. Such person or persons shall pay all costs of recordation., ,f any.
<br />(h) Personae Property Security Agreement. As additional security for the payment of the Note al fix es. equipment, and Other personal property used
<br />in connection with the real estate onmprovements located thereon and not otherwise declared or des med to be 3 part of the real estate secured hereby. shall be
<br />subject to a security interest in favor of the Lender under the Nehrdsxa Uniform Commercial lode Tnislnslrumentsnatibeconstruedasa Se tirity Agreement
<br />under said Code, and the Lender shall have all the rights and ren-edes of a son. tired „arty .ides said Code in addition to the rights and remedies created under
<br />and accorded the Lender pursuant to !his Deed of Trust.
<br />(1) Seeeribifity. I n the event that any provision of this Deed of T rust co T!lici wile 4.r.'- ablelaw of aredecla•ed invalid or otnerviise uneoforceable ..;uch
<br />conflict or invalidity shall not affect the other provisions Of this Deed of T rust or the Note which can be, g er, etpeCwithout the con dieting provision, and to this
<br />end the provisions of the Deed of Trust and the Note are declarer: to be severable.
<br />13. This Section 13 to be completed ONLY if the Property consists of aaricullutal real estate and is operable on1v it A or B rs checked it applicable, complete
<br />EITHER A or B: �-
<br />❑ A_ Homse.eed. Borrower represents to Lender that no part of the Property has located upon it a dwelling noose used by 3crrower as a residence. Boriower
<br />further covenants with Lender that no dwelling house will be C.onsIt -C!ed ol located upon the property
<br />❑ B. Election of Homestead. Borrower hereby designates the pro,, ^.e ^. , described in E.,, n :bi *. B anacned hereto rind incorporated herein by this reference as the
<br />homestead only for purposes of Secboe76- 1519of the Revised Stabiles of the State of Nebraska in the event Borrower is entitled to and elects to make 3 partial redemption
<br />pursuant to said Section 76 -1519. the redemption price or vawe snap be dole, mined by apprarsai in the IdllOwmg !Wanner
<br />ill Borrower shall prdvldeto!..ender ar a ppial5al of the Exhibit Bprop. -y and me remaining Property (both appraisals reflecting the redemption)
<br />prepared and submitted by a real estate appra;ser licensed in the Slate of Nebraska which Lender may accept or reject,
<br />(2) if Lender rejects Bon-owe, s 9pptai sit, tender shal.i subm:l an appraisal of the, Exhibit B property and the remaining Property Iboth appraisals
<br />reflecting the redemption I prepared and submitted by area estate appraiser licensed in the State of Nebraska which Borrower may acceptor reject:
<br />(3) tf Borrower rejects l_en deYS appraisal, the appraisers ono have submitted appraisals shall select a third appraiser licensed in the State of
<br />Nebraska who shall prepare and submit an appraisal of 8ie Exhibit 3 property and the. remammq Properly i,both appraisals reflecting the redemption).
<br />These appraisals shall be binding upon Ler:dCr and Borrower Inn purposes of estahlisnmg the redemption price or value of the Exnrhil B property and
<br />the value of the remaimeg property for ptuooses of Seelron 76 -1518 anr• !ollewirg oe. the Revised Statutes of the State of Nebraska .
<br />In the event the sale or other dispoSt! a p' the t •edgier v podia° of the Properly c;ohs -1 sansty the indebtedness secured by this Deed of Trust. nothing
<br />contained inthis Paragraph 13 sha0constitute a waiver of or impair The Lender s ridhis under Section :G -15 IQ of the Rev -sea Statutes of the Staleof Nebraska or otherwise
<br />Borrower has executed this Deed of Trust the date written shave
<br />(Richard T). Aquilarr
<br />STATE OF NEBRASKA ( be hor_ ail J. AgCu l.T IT )
<br />! ss
<br />COUNTY OF _ tt_'•- '--1..
<br />Tte4pre i A KnI It5dyC nen6 in :1 T-;st lea M.x.inwiN is before -!lhre nY < :f 7cll t. !lilt
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<br />Annif Acknowledgement was grad +i t. ggg#RAI ROTARY ° State 21 Nsireske
<br />THERESA M. STARKEY ('•,, a
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<br />Up. Match 6 1�7_ � h.. J m (t (� i : �.LL.` � Q. 1,A
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<br />STATE ✓..;)f NES RASKA.
<br />45
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