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<br /> . . 18. MI�cNl�n�ou�PtovMlau.
<br /> ^ (a)Rarowa Nol RN�wd.Exten�ion of the tlms for p�yment or modlllcatlon of AmaAlwpon ol the�um�seound by this
<br /> � �� Oe�d of Trust Qrant�d by Lend��to any succaseor in Intereat of 8orrawer shall not operwta to reNase,in any m�nner,the Il�bllly
<br /> � �� of the oripi�al Borrower and Bo�rowar'a aucceaeore In inlereet Lender shell not bs r�qulred to commence proceedinps apelnst �___ _
<br /> �uch succeswr or ntu�to txtand tims for paymont or otherwiaa modlly amoAlu�tlon ol lhe sums aacurad by thl�Owd ol Trust
<br /> � _' by rea�on ot any domends mude by Ihe orlylnal 8orrower and Borrower'�succe�ars In Uterest.
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<br /> ... .c- �--
<br /> ! • (b)L�nd�►'�Pow�n. Wilhout aifectfnp the liabibty ol any olher person Ilabte for the peyment o any ob I�etfon ero n �_-_—�---.-__----
<br /> � • menQoned,4nd without eHecpng the Ilen or oharpe of thle Oeed of Truet upon any portfon ol the Prope►ty not lhen or theratolore
<br /> . e , released as securlty for the tutl amount of all unpafd obliqatlons,Lendor may,from Ume to tfine and wllhout notice(i)relea�e�ny
<br /> p���� � ^ penon eo Iiable,pf)extend Ihe maluriry or alter any of ihe terms of any suah obllgptWna,pll)yrent Uher MdulQencea,pv)release o
<br /> . �:�� o�recanvey,or ceuee to be released or reconveyed et any time at I.ender's option eny parcel,poAion or all of the Property. _
<br /> , ��+� . (v)teke or release eny other or eddltlonal securiry for any oblipetion hereln menllonad,or(vq make compodtions or other
<br /> errangemente wfth debtora In reletion thereto. F`�`
<br /> • (c) Fab�arAnn�by L�nd�r Not�W�Iva.Any lorbearance by Lender in exercising any right o�remedy hereunder,or r _
<br /> • otherwl�e aNarded by applicable law,ahall not be a waiver o1 or preclude the exercise ol any such ripht or �emedy. The �
<br /> '"� proauremant of Inaurence or the payment at taxes a vthar Ilena or charges by Lender shall not be o walver of Lender'e ripht to
<br /> • � eccalerate the maturity of the indebtednees aeoured by thle Deed ol Trus� �
<br /> � " � (d�Suaa�sson�nd Aaign�Bound;Jolnt and S�va�l LUbllity;C�pUon�.The covenente and egreements hereln con- "
<br /> • • � telned ehall bind,and the rlyhta hereunder ahall Inu�e to,ihe respective auccessors and assigne of Lender and Trustor.All �,_�
<br /> � covenents and agreemente of Trustor ahall be�of nt and several.The captlons and headinge a1 the perapraphs of this Deed of
<br /> . •� Trust are for convenlence only end are not to be used to interpret or define the provislane hereot �"'""°°
<br /> co,._.`�r-
<br /> •. (e) R�quat lor NoUe�t.The partlea hereby reQuest Ihat a copy of any notlae ot default hereunder and a copy ol eny notice --=,. ,_
<br /> �. ot sale hereunder be maited to each perly to thfs Deed of Truat st the addresa eet forlh above fn the menner prescribed by .��--_,
<br /> '� appllceble law.Except lo�any other notice requi�ed under applloable law to be given in another menner,any notice provided c,��
<br /> ' , for In this Deed oi Trust ahell be given by mellinp such notice by ce►tllied mail addrassed to the othe►partles,at the addresa eet ��p�•"`�L. '•
<br /> . (orth above.Any notice provided for In thla Deed of Trust ahalt be eHective upon malling In the manner designated hereln.II , _
<br /> Trustor is more than one peraon,not�e sent to the addreas set lorih above ahall be notice lo all such peraons. • _
<br /> (� In�p�cpon.Lender may make or cause to be made reasonable entrles upon and I�spections of the Properly,provided � � �
<br /> , thet Lender shell give Trustor nWfce prior to any auch inapectlon apeci(yf�p reasonable cauae the�efor related to Lender's -
<br /> ° intereat in the Property. ''!�'�--
<br /> " (g) p�eonwy�nc�.Upon payment of all sums aecured by this Oeed of Truat,Lender shall request Trustee to reconvey the
<br /> . ,•, Property and ahall eurrender this Deed of Truat and all�otes evidencing indebtedneas secured by Ihls Deed of Trust to Truatee. p�
<br /> Trustee ahall►econvey the Property without warreny and without cher�e to the per4on or peraona lepally entitled thereto. ) . • �;�.
<br /> , `.. Trustor 4hall pey all costs o1 recordation,if any. �
<br /> ___-�—,t„-.•_-- ��� p����p�Q��;$�curHy AgrNm�nt.As additlonal security for the peyment of the Note,Trustor hereby grents ;;s.:-:< •� =, fi�
<br /> � � Lender under the Nebraska Uniform Commerclal Code a secuNty interest In all Ifxtures,equlpment,end otner personai property �� - _
<br /> used in connectlon with the real estate or irnprovements located thereon,and not olherw{se deolared or deemed to be a paA of i i
<br /> i the reel estete secured hereby.This Instrument shell be construed as a Security Agreement under said Code,and the Lender ;
<br /> ahell heve ell the riqht8 and rernedies oi a aecured pe►ty under aeid Code In addition to the righta end remedlea created under � ' ,i� :
<br /> and accorded the Lender pursuant to thia Deed of TrusC provided thet Lender's rights and remediea under thla paragrap�ehall
<br /> . be cumulative with,and in no way a limitetion on,Lender's rlghta and remedies under any other securiry agreement eiQned by ;� ; .
<br /> Borrower or Trustoc ' ' '�
<br /> (1) Ll�ns and BncumM�nc��.Truator hereby warrants and representa that there is no delault under the provlsions ol any . ��i.���_
<br /> mortgepe,deed of trust,lease or purchase contract descr�bing all or any part of the Property,or other contract,fnstrument or ;��y
<br /> agreement constituting a Ilen or encumbrence egainsl all or any pan ol the Property�collectively,"Llens"►,exfsling as ol the . ,
<br /> � • date ol thls Deed of Trust.and that any and ell existing Llens remaln unmodified except es dfsclosed to Lender In Trustor's �•�w-::-. ..
<br /> wrilten disclosure ot liens end encumbrances provided tor herein.Trustor shall tfinely perform all ol Trustor's oblfgationa, •;_;;��,�_
<br /> covenenta,representatlons and warrantios under any and all ex�slti ng and future Llens,shall promptly Iorwerd to Lender coples � '�. � _*•
<br /> � „ of all notfces ot delault aent in conneCtfon with any end all exfsting a future Llens,end shell not wllhoul Lender's prior written , . ;'��:':*
<br /> consent fn any menner modify the provislons of or allow any fulure advances unde�any existing or luture Llens. ! � ,� __
<br /> Q) Appticatlon ot P�ymmU.U nless otherwise requ�red by law.sums peid to Lender hereunder,fncluding without IlmltaUon � .,n°r-, :�
<br /> peyments of princlpal end Interest,insurance proceeds,condemnation proceeds and renls and protits,ahell be epplfed by � � <�. -
<br /> Lender to the emounts due and owing Irom Trustor and Borrower in such arder as Lender in fts sole dfscretlon deems desfreble. � �
<br /> ' ' (k) S�wrabNlty. N eny provl8ion of thls Deed o( Trust conllicta wlth applicabte lew or Is declared fnvalfd or otherwfse .
<br /> unenforceable,such conllict or Invalldity shall not afiect the other prov�sons of thls Deed ol Trust or the Note which can be �
<br /> glven eHect wlthout the conlllcting provfafon,and►o th�s end the provisions ol th�s Deed of Trust and the Note are declared to be � : .
<br /> severeble. '
<br /> •• (I)Arm�.The lerms"Trustor"end"Bonower"shall�nclude both sfngular and plural,and when the Truetor end BorrOwer t .,.��
<br /> are the same person(s),those lermaaa uoed in.thls,Deed of Trust shall be interchangeable. � •• .
<br /> (m) Govlrnlnq Law.Thla qeed of�1uet•iherU pe governed by the laws ol the Stete ot Nebreeka.
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<br /> . Trustor has executed thls Deed,of 7rust e8 o1'the tleA�r4rinen above.
<br /> ,.. . .. .. . Wedgewood� Inc. :
<br /> .� Truator � • �
<br /> p • , ' ' C, i tc_ �
<br /> (Janice Thayer, Truscor' preeident)
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