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lA a, dMM �w.�./ <br /> ,. • __ __ <br /> �- �.. — ---- <br /> 1` � i' ..�c..,r,.._-..__ -- <br /> ---- ---.... _���v,�s.,�..�.�,_ _ . �. .. ._ �_� ,__ -- � <br /> '�.��"?�_.�_.,.�...'— - - - <br /> pdncfpal nmount n1 the IndetiterJnsse secured Dy lhls Dead o}Trust,rioS��irp�ums sdvanc�to prot6ct tme sscurlry o1 thfa Deed of <br /> 5"wsf,axcesd Ihd c�ii{�Inal piinslpal anou�t etated hor�ln,qr S..._., .__,��h!ci���;or i:�(�ra4cr. <br /> 9�3.F::�G's1�i:ii.��s1:3�=r'u�u��ieuiic7. �'� !: <br /> (o)Borrow�r K+al RN�a�a�cl,6xtenalon o1 the time tnr pAymont or modilfcntlon a1 amortizatlon a1 the�eums secursd Dy thi� <br /> Dsed of Tru�t pranted by Lender tn any eueeeaeor In intereat o1 Boaowor ehall not oporate to rotesse,In eny mannor.the IIaGI!!• . <br /> ty of th�oilpin�! Borrower end Rorrowar's succdasAra in Interest. L�nder ehall not be raqulred to axnmence proceedinpe <br /> ep�lnat such succesaor or refuse to extend time tor p�yment or otherwiso modliy amortlzatlon of Ihe auma eecvred by thla� � <br /> �nt Tn�4t h;►r�en�n e4�ny Aemarxls made bv ths odginal Forrowu and Borrov�ere euccesao�s In Intere�l. <br /> (b)Lond�r'�Pow�rs,WltMOUt eHectinp the Ilablliry d1�ny other pereon IIaWa for the puyment af e.ny oblpt+tlon hereln rr�ers-� <br /> tk��s,i,ar�i w��naul afta�ll�Sy ti�a!{:,n o�c�.:r{�04 ti�l�D:.��a!Tru9t upon any pa�lo�o!th�Prog�Ry nut thcn or t�ssret�fnreQ , <br /> f6b�tOtl�1 tOCY�I�I lOf 1116 fUll p17i0Uf1101 911 Uf$l810 ODII�IIOIi9,L9flonf may,uuw iuim iv iuiro dini ti�l°ivui iw wo �ij to�Sw ° <br /> any peraon eo 1leble,(li)extend tha m�tutiry or�Nar any of Ihs term�oi�ny euch obliqationa,(III)prent othe�Indulyena».fiv)�� <br /> reioeae or canvey,or ceuse to be reteased ar recqnveyed a4 eny t(me at Lender's opilon any pnrcel, partton ur all of the� <br /> Property,(v�t�ake or reteaso any othar or additbnal sacuriry or reconveyed at any time at Lendere option eny parcet.poAlon or <br /> all of the Property,(vf)take or release any olher or ed�ldanal securtty tor eny obll flatlon hereln mentioned,or(vil)make compo- <br /> sitlona ot other arrangoments with de4tore In relatl�n thereto. <br /> (c)Fort»e�n�e by lsnd�r Not e W�Iv�r.Any tort�earence by Lender In exercising any rfght or remsdy hereunrJer,or oth- <br /> erwise aHorded by appllrsbie law,ehail not be a waiver o1 or prectude the exerciae of any such right or remedy.The procure- <br /> ment ot(nsura�ce or the payment of taxes or othor Ilena or r,harpes by I.onder shall not bci a walver or Lendere right to axeler- <br /> ate the maturity of tha indebtednesa secured by thla Deed o4 TrusF <br /> (d)Su��saorw�nd Asrlpm Rovnd;JotM�nd S�wr�l LlabUiry;C�pdons.Tha covenants and agreements hereln con� <br /> telned shall btnd, and the �iflht�hareun�er shall inu�e to,the respective successore and asslpns of Lender and Truator.All <br /> oovenants and�preements of Truator ehatl be Joi�t and severel.The captlor�s end headfrye of the parepraphs ol thla Qead of <br /> Trust are for convenlanco only and are not to de used to Interpret or deHne the provislona hereol. <br /> (e)Req�t f�r Plotics�.Tha�atties hereby�equest that a copy ot any notke of detault hereunder and e copy oi any notice <br /> o}eale hereunder bo mel4ed to esch party to this Deerl of Tn�st at the eddress set toRh ebove In the manner prescribed by <br /> appl{ceWe levi.Excep�for any other noik;e required under epplkable law to be gtven in anottwr manner,eny notice prarkfed(or <br /> In thla Deed of Trust ehell be given by mailing euch not�a by oertifled matl addraased to fhe other pertios,at the addrase eot <br /> torth ebove.Any not�e provlded tor in thts Qeed of Trust shall be eHeclive upon malllnp in the manner dex{gnated hereln.if <br /> Trustor Is more than one pereon,notlae sent to the addresa set farth abova shall be notks to all sw�persons. <br /> (Q Insp�ctlon.Lender may make or cause ro be made reasonable ent�s upon and insp�ctlon9 of the Property. provided <br /> that Lender ehall gtve Tn,stor nodce priar to eny such Inspectlon specitying reasonable cause therelor reteted to Lendere Inter- <br /> est in ttte Praperty. <br /> (g)R�conwyancs.Upon payrr�nt ot afl sums securod by this t?eed of T�ust,Lerxler shail request Tniatee to rec�nvay the <br /> Property and shell sur�endor thts Deed of Trust and ail notea evldencing Indebtedness secured by thla Deed of Trust to <br /> Tnistee.Trustee shall reconvey the Properly,w[thout warrenty And wlthaut charpe to the pereon le�ely entided tMreto.Trusta� <br /> shali pey eA costs or recordatbn,(f ariy. <br /> (h)P�rsonnl Propsrty; Securily Agreement.As addltional seaudty tor ths payment ot the Notn,Trustor hereby prants <br /> L�ndsr un�r the Nebraska Unitorm Gommerciel CoUe a aecunry InUrsst in ao n�c[ures,eqwpmerd,arKi ain�r persa��ai p�operiy <br /> used tn connecUon wkh the reai estate or Improveme�eta locateei thareon,ar►:i not othervWae deciared er cleemed lo bo e part M <br /> the retU estate secured hQ�eby.Thls tnstrumant shall be construesi as a Security Agreement�nder eaid Code,end the Lender <br /> shall have ell the rights snd remedies of a secured party under satd Code in additlon to tha riphts and remedioa under thfe <br /> parapraph shall b�cumulative with,and In no way a Ifmttatlon on,Lender's rights and remedie$under any other secu�ity agroe- <br /> ment signed by Bortower or 7n�ator. <br /> (q I.Nns t.�d EncumbMnc�s.Trustor hereby warrants and represents that lhere ia no default under tho praviAlor�s oi eny <br /> matyspe,deed ot trust,Isase or purchaso cantrect desc�Wng all or sny part oi the Property,or other cantrsct,i�tn�n»nt or <br /> ayreement constitutk�g e Itsn or�ncumbranco agefnst all or any paR o}the Property(collectively. "L{ena�,exlstlr►Q as of tlre <br /> date ot fhla Qeed of Tnrst,and that any end ell exiatfng Llena remafn unmodipud except as dtadosed to Lenda:in Tnistofs writ- <br /> 4en discloaure of II9ns and oncumbrances provided tor herein. Trustor shall ttmely per(orm all of Trustor'e obliyetlona, <br /> covena�ts,representatfons nnd warmntles undor any end all exisUng end future Llens,shall promptiy taward to lerxser copks <br /> of�il notices oi default sent In cor►r�ectk►n with any end all exist(ng or tuture Llens,end shall not wHhout Lendera prior written <br /> crx�sent M any rr�nnner modNy the provielona of or albw any tuturo edvances under any extstk�p or tuture Nens. <br /> (�)AppNcallons of P�yirNnt�.Untesa otherwtae required by Iaw,sums pald to Ler�ler hareunder,inchidi�g wlthaut Irtdta- <br /> tfa�payments of pdncipnl and interea�insumnce proceeda,corxiemnatt�on proceeda and rente snd pmtita,sheN be appNed by <br /> LerxJer to the amaunts due and owing irom Trustor and borrower in such oMar es Lender In ite sole distxetbn deRme destr- <br /> able. <br /> ' (k)S�wrWNFty.If eny provisian of this Deed of 7rust contlicte wNh appBCabte law or la dedarod InvaNd or ori►aewi�e w�sn- <br /> foroeeble,suct�catBlct or im►aNdity shall not aftec[the other proviskx�s of this Qeed of Trust or the Note wh{ch can be qiven <br /> etteCt wWwut the con7HCtiny provislon,and to thls end the provisbns of tMe Deed of Trust snd the Note are dedered to be sev- <br /> srabie. <br /> p)T�nra.The terma Truator and"Borrowel'sha0(nclude both sinqutar and plural,end when the Trustor and Borrower aro <br /> the same person(s�,Hwse terms as used U this Deed of T�ust she�l be Interchangeable. <br /> (m)G�ovKnln�Lew.Yi�t�Doecl of T�ust shall bo govemed by tho laws of the State of Nebraska. <br /> Trustor has exocuted this Deed of 7rust as of Me date written above. <br /> � ,. <br /> MICHAEL J I1CqUILLAN . NuEZhand <br /> Tn�nlnr TnrclAr <br /> � L J � <br /> SHELLY K MGC�ULLLAN , Wi£e •�.•�—i <br /> Trustor Truator <br /> �� <br />