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<br /> 2. All payments received by Lender sha,ll t+e first applied to advar�ces which may have
<br /> � been made by Lendcr and thw w interest due a�d last a princ�pal due.
<br /> � 3. Bor�owcr sha!!pay all genera!neal estate tax�arid special ussessments ngainst the
<br /> property befon the saine btcome delinquent.
<br /> 4. Horrower shall keep the improvements on said premises insurzd e�ainst[oss b�► firz
<br /> and hazards included with the term"extended caverage"for their insurable value andpolicies for
<br /> the same shall include a Standard mortgage clause showuig Lender herein. In event of loss,
<br />` Lender may make proof of loss if not promptly made b Borrower. I�surance proceods shall be
<br /> apPlieticcl to restoration or repair af the prop�rty damag�unless both paities otherwise agree,
<br /> except if restoration or rep�u is not cconomically feasible or Lender's security is not lessened,
<br /> otheruvise said proceeds shall be paid on the debt haeia.whether or not then due.
<br />-= Unless Lender and Borrower otherwise a�r�e in writing,any payments or�roceeds from
<br /> � insurance st�all not extend or postpone the due datc of the monthly payments provided in said
<br /> in� �TM+p�t of indebtedness,or change the amount of the payments.
<br /> . S. Upon roquest of Bomower,Lender may,at i�op4ion,make additional and future
<br /> aclvances and readvances to Borrower. Such advances and readvances,with interest thereon,
<br />— shall be secured by this Deed of Trust. At no tiute shall the principal amount of the indebtedness
<br />_ secured by fhis Deed of Tn�,si,not including sums advancod to ratect the security of this Deed
<br />-- of Tn�st,oxceed the ori�griasiga�amount stated her�in,or�200,000.t)0,wluchevcr is
<br />—_ 8reater•
<br /> 6. If Horrower fails to perforrn tlse covenants and agreements herein cantainod,I,ender
<br /> may do and pay for whatever is neces.c�ry to protect the value of the property aad Lender's rights
<br /> in the property,includin�the payiag o�any swn securod by a lien which has priority ovsr this
<br /> Deed of Tnut,appearing in Court,p��iiag reasonable attorn�y fees an�d ent�ring the pmperty w
<br />— mR3ce repairs. Any amou�at disbursed by Lender under this paragraph st�all ba:ome an additional
<br /> debt of Borrower securec�by this Deed of Trust,4e�bear interest from the date of disbursemeat
<br /> and said amount,together with the t�n unpaid principal amount,shall bear interest at the highest
<br /> lawful rate uatil refwsded by Borrawer.
<br /> , �. �1'l�C�pIut�CCw iii u wiu'uiituiiuui nwiuu 6ic�i�r Fu,ii�i�auv S�'�'�v..�,&iu iv . - . ._
<br /> Ix,nder�nd shall be applied to the sums secured by this Deed of Trust,whether or not then due,
<br /> with aay excess to be paid to Borrflwer.
<br /> 8. Any extensions or modifications of tbe loan granted by I.ender to any successor in
<br /> interest of Borrower sisaU not operate to release the liability of the original Borrower or
<br /> Borrower's successors in}aterest. Any forbearaace by Lender in exerc�any right or remedy
<br /> shall not be a waiver of aa p�roclud�the exercise c�£aay right or remodY-
<br /> 9. Any notice to Borrower provided for in tlns Deed of Tn�st shall be given by deliv�
<br /> it or mailing it by first class mail unless Nebras3ca Law regcgaars use of aaother methed,at the
<br /> Borrowec's last known address. �
<br /> 10. This Deed of'Trust and tht Debt which it secums shall be govemod by Nebraska
<br /> Law.
<br /> 1 l. Lender shall give notice to Borrower�ollowi�Borrower's breach of aay covenant or
<br /> agraement in tlris Deed of Trust and the Uebt which it secwes. The notice st�all specify(a)the
<br /> - default,(b)the action reQoiired to cure the default,(c)a date not less than ten(10)days from the
<br /> = date the notice is given to Borrowes by wluch the default��be cured,and(d)that fail�ue w
<br /> - cure the defa�e�t on or before tbe date specified in the notice rrr3y result in acceleratiom of the sum
<br /> secured by this Deed of Tnut and sa3e of the pra�aty putsc�ant to the power of sale herein
<br /> grantod. The notice sball fiuther inform Borrowa of the right to reinstate,after acceleration,aacl
<br /> tke right to bring a court action to assert the noatari�tence of a default or any other defense of
<br />- = P.atror�zr ta.:e�eteraiioa aad s�Fz. If defaiilt i�nut ct�ra�,�3 or befon tl:�clate s�ec:�td in the
<br /> - notice,Lendea,at its option may require immediate payment an full of all sums secured by this
<br /> - Deed of Trusi without fiuther demand and may invoke the power of sale and any other remedies
<br /> = permitted by Nebras3ca Law. Lender shall be etntitled w collect all expenses incurred ia pursuiag
<br /> : the remedies provided in tius paragraph or othervrzse taken to protect its interest in collateral
<br />-a'= described in this Deed of Trust or enforce any provisions hereof,including but not lunited to
<br />- = reasonable attomey fees aud costs of title evidence.
<br /> 12. If the power of sale is invoked,Trustee shall record a notice of default in each couuty
<br />;; in which any part of the property is located and shall mail copies of such notice in the manner
<br />'-`- prescribed by Nebraska law. Trustee,without demand on Borrower,shall sell the properiy at
<br />�� public auction to the highest bidder at the time and place and under the terms designated in the
<br /> '� notice of s�.te in one or more parcels and in any order Trustee de4ermines. Trustee may postpone
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