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201001406
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Last modified
3/4/2010 3:24:47 PM
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3/4/2010 3:24:47 PM
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DEEDS
Inst Number
201001406
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201001406 <br />declared or deemed to be a part of the real estate secured hereby. This instrubuent shall be construed as a Security <br />Agreement under said Code, and the Lender shall have all the rights and remedies of a secured party under said <br />Code in addition to the rights and remedies created under and accorded the Lender pursuant to this Deed of Trust; <br />provided that Lender's rights and :remedies under this paragraph shall be cumulative with, and in no way a limitation <br />on, Lender's rights and remedies under any other security agreement signed by Borrower or Trustor. <br />(i) Liens and Encumbrances. Trustor hereby warrants and represents that there is no default under the provisions <br />of any mortgage, deed of trust, lease or purchase contract describing all or any part of the Property, or other contract, <br />instrument or agreement constituting a lien or encumbrance agaixist all or any part of the Property, (collectively, <br />"Liens"), existing as of the date of this Deed of Trust, and that any and all existing Liens remaizl unmodified except <br />as disclosed to Lender in Trustor's written disclosure of liens and encumbrances provided for herein. Trustor shall <br />timely perform all of Trustor's obligations, covenants, representations and warranties under any and all existing or <br />fixture Liens, shall promptly forward to Lender copies of all notices of default sent ixx connection with any and all <br />existing or future Liens, and shall not without Lender's prior written consent in any manner modify the provisions of <br />or allow any future advances under any existing or future liens. <br />(j) Application of Payments. Unless otherwise required by law, sums paid to Lender hereunder, including without <br />limitation payments ofprincipal and interest, insurance proceeds, condemnation proceeds and rents and profits, shall <br />be applied by Lender to the amounts due and owing from Trustor and Bozxower in such order as Lender in its sole <br />discretion deems desirable. <br />(k) Severability. 1f any provision of this Deed of Trust conflicts with applicable law or is declared invalid or <br />otherwise unenforceable, such conflict or invalidity shall not affect the other provisions of this Deed of Trust or the <br />Note which. can be given effect without the conflicting provision, and to this end the provisions of this Deed of Trust <br />and the Note are declared to be severable. <br />(1) Terms. The terms "Trustor" and "Borrower" shall include both singular and plural, and when the Trustor and <br />Borrower are the same person(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. <br />Trustor has executed this Deed of Trus of the date written above. <br />~ ~ ~ ~~ <br />Trustor Richard F. Duvall Trustor cy E. Duvall <br />Trustor <br />Trustor <br />STATE OF NEBRAS <br />COUNTY OF ~ (~c~~. ~ <br />The foxgoing Deed of Trust was acknowledged before me this ~ day of ~ ~,vC,{'1 2010 <br />by <br />CENERAt N07ARY -State of Negraska <br />~~ SONIA R. SGWMII] <br />MY Cpmm. Fxp. Sept 26.2011 <br />STATE OF NEBRASKA. <br />COUNTY O>~ <br />otary <br />2010 <br />a Corporation, on behalf of the <br />I~lotary Public <br />Please return to: <br />Nebraska Energy Federal Credit Uanion <br />141415th Street, PO Bax 499 <br />Columbus, NE 68602-0499 <br />The foregoing Deed eTTrust was acknowledged before xvc this -- day of <br />by <br />of <br />Corporation. <br />
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