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<br /> � �ptlnc'pal crn�o�im ol tho Indabtodnoss securod by thle Deed o1 Trust,not Inciudinfl suma advanced to protoct tho socurity o1 this Oeetl o} --
<br /> � ^ Trust,oxceed the uripinal princlpal am�ur+t atated herbin,or$ �5 nn n_n p__,���hici�cvor Is flroator. �
<br />- -;,,:�,� �e.Nll�csllan�oua Provlaton�.
<br />_���;�`.,�, (a Bor�cw�r NcR Mbewd.�xtenslan o1 the dms for payment ar modificatlon af amnrtlzetlon of the sums secured by thla
<br /> D�of Truat qrented by Leroder to eny successor In Intereat of Borrawer ehall rtc�toperate to retease,In any manner,the Ilablll-
<br /> -•.';;;�:�o� ty of the oriylnal Borrower end Bonower's succeseora In InYerest. Lender shall not be required to commenco proceeding�
<br /> - apeinat such eucceeaor or retuan to extend time tor payment or utherwise mod�ly amortizatbn of the sums secured by thie
<br /> � [�ed oi Trust by reasan of any dem�nds made by the o�iglnal Borrowor end Barrowere successore In Interest.
<br /> =�;;r� � (b)L�r'�Pownr�.Without atfectinp the�iabiliry af any other►�raon Ilebla(or fina paymcnt of any abilgatlon h3rofn men• ,
<br />-�;��;A_, poned,snd without aHecting lhe Ilan or charQe o?thls 08ed of Trust upon eny portlon of the Property not then or iheretotor9
<br /> - rei�asaci as eecu�ity tor the tull nmount ol all unpald obligatlons,Lender may,fran 41me to time and wlthout notke(I)reloase
<br />`_� a�y p�reon so Ileble,(Iq extend the matudty or aHer eny of the tem►s o1 eny euch obllgations,(iiq prent other IndulQencos, (hr)
<br /> ' retoase ar convay, or cause to 6a releaeed or reconveyed at eny time at Lende�s option any parcel, portbn or all of the
<br />---__� Property,(v)take or reteaso any other or additlonal secudty or reconveyed at any tlm9 at Lende►'s option any parcAl,pallon or
<br /> .�.;,;�,— all of the 6'roperty, (vl)teke or release sny other or addidanal security tor any obligation horein mentioned,or(viq make compo-
<br /> sitlona o}other errange►n�nta with debtora in relatlon thereto.
<br />�:�5�:± (c)Farb�aronc�by L�ndu Not�Walvsr.Any torbearanca by Lender In exercising eny�ight or remedy hereunder,or olh-
<br /> ��+''k"j��� ervvlse aftorded by epplicabte law,shall not be a waiver o1 or preciude me exer�clsa of any such dght or remedy.The procure-
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<br /> -�•_,�.... ment ot Insurance or thc�paymant of texes or other ilens or charges by Lendar oh�l not be e waiver or Lende s t ta acce er-
<br />�w��;�,_ ata the maturity of the Indebtedn9ss secured by thls Aeed of TNnt
<br />-�__-�——� (d)Succtsaors md Asdpn�Bound;Jolnt�nd S�v�r�l LlabUity;C�ptlo��.The cavenants and agrdemente here►n con-
<br />_ �r tained sholl bind, and the righte hereunder shall inure to,the respective succ�ssors and aesigns of Lendc�r and Trustor.All
<br /> '_�.i� covenants and apreements of Trustor shali be Jolnt and several.The capt{ona and headings o}the paragraphs of this Deed of
<br /> 7rust aro far convenience oniy�nd are nut fo be ussd to IntcrprQt or detinQ tNe provl&ions hereo}.
<br /> Y-�'��� (e)R�qws t f o r N o t l c�s.T h e p a R l e s h e r e b y r e q u e s t t h a t e c o p y of an y not�e of deTault hereunder and a copy ot any nat�e
<br />-- of saie herounder be mafled to each party to this Deed oS Yrust at Uw addres9 set torth above In the manner prescdbed 6y
<br /> ��� applicaL�e law.Except(or any other notice requlred under appl�able law to be given in another manner,any notice provided for
<br /> ` —� In this Deed o1 Trust shall be given by mailing such not�e by ceR►Qed rtwil addressed to the other parties,at 4he address sot
<br /> �--+���� forth abova.Any�ot�e pravided tor fn thia Deed of Trust sNall be eftactive upon mailing fn the manner designated herein.if
<br /> Trustor ts more than one person,notkx�sent to ths address set torth ebove shali be notice to all such persons.
<br /> ____�,_;�,� (��nsp�ction. Lender may�nake or cause to be made reasonabte ent�ies upon and tnspect i o ne o f t h e Prope R y, p ro v(d e d
<br /> that Lendar shail g(ve Trus4or notice pdor to any euch Ir+spectlon spoc�ty��9 roasonable cause therotor related to Lender's tnter-
<br /> w�r�v�� est in the Prapedy.
<br /> ___ (g)R�conveyancQ.Upon payment of ell sums secured by this Daed ot T�ust,Lender shall roquest Trustae to raconvey the
<br />-�� Properry and shall surrender thla Deed oi 7NSt and aif notas ovide�wi�i�i��debtadns����:r����':'.�L�°�sf Tn!s!to
<br />-.""'"° Trustee.Tiusteo shall reconvay the PropeRy,wlthout warranry end wlthout charge to the pereon legaly entided thereto.Trustor
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<br /> (h)MraonN Property; �ecurity Agreement. Ae additionai secu�ity Tor the payment oi the Note,i rustor heraby prenis
<br /> Lende�under the Nebraska Untform Commerctal Codo a secudty Interest tn ali flxtures,equlExnent,end other pereonal property
<br /> — used In connecdon with the real estate or Improvementa located thereon,and not atherwiso declared or deemad to be s pnrt of
<br /> the real est�ate seaured hereby.Thls instrument shall be construed es a Security Agreemsnt undar satd Code,and the Lender
<br /> shall have all the �ighte and remedkts o}e secured party urxler sald Code In additiod to the�ights and remedios under thls
<br /> _ paragraph shall be cumulative wfth,end In no nray a ilmf4atbn on,Lender's dghts and remedies under any other sacu�ity agree-
<br /> -- ment s.�gned by Bc�rrower or Trustor.
<br /> p)LNm and Encumbranca.Trustor hereby warrants and represents that there is no detuun under the provfsions af eny
<br /> mortgage,deed oi trust,lease or purchase cor►tract descdbinp all or eny part ot�he Property,or oUher contrect,tnstrumant a
<br /> egreernent con&tituting a lien or encumbrance agalnst all or any part of the Property(collec8vety,'Uens'),exisdny es of lhe
<br /> date ot thia Dead ot Trust,end thaYany and ail exisUng Liens remain unmodified except as disclosed to Lender In Tn,istor's wdt
<br /> ten dlaclosure of Ilens and encumbrances provtded for herefn. Trustor shall timety pertorm ail af Trustor's ob{ipationa,
<br /> covena�ts,representatlons and warranUes urxfer any and all existing and tuture lfens,sh�ll promptty torward to Lender ooples
<br /> of all noticas oi detault sent In connection wtth any and all existiny or future Uens,and shall not wlthout Le�d9r's prior rrdaen
<br /> consent in any manner modify the provislons of ur allow eny future advances under any exisUng or future I'�er►s.
<br /> (J)AppltcaNani ot Paymenb.Unless otherv+riue requirod by law,sums paid to Lender hereunder,tncludirag without imka-
<br /> -� tle:�paymant�o!�rinctp�!snd lnis►est.Inau�!r�aa proceeds.coiMemnatlon Proceeda end rents and profita�s1wN be eppNed bl►
<br /> Lender to the emounto due arxi owing from TNStor and borrower in such or�der aa Lender in ila sole discrotbn deems desir-
<br /> nWe.
<br /> (k)gw�abliity.if any provl�Jon of thls Deed of Trust conflicte with eppAcable�aw or ia eieclared Invalld or ott�e+wise ur�en-
<br /> tor�ceable,such conflict or invalidity shall not atfect lhe othet provlstons ot thts Deed of Tn�at a tNe Note wh(ch can be�Iven
<br /> effeCt without the confl(ating prov(�{on,end to thls end the provisions of this Deed nf Trust and tl�e Note are deelared to be oev- -
<br /> etable.
<br /> the'same person(s),those ter+ns ss sed nl tltls Doad ot Tn�ist sbh�all be�ntercha�geable snd whan the Tnistor and Borrower ere
<br /> � (m)powming Law.Thls Deed ot Trust shatt be govemed by the laws ot the State of Nebraska.
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<br /> ,,,�'�=T'-'—"= Trustor has ex ed this t Trust as of!he deta wri�en gtiove.�
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<br />_�--��°`"� JO P. MORTEN EN 7rustor Trustor
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