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<br /> � princigal amount of 14�e indebtedness secured by this Deed of Trust.not inctuding sums advanced to protect ths securfty of this Daed of � � _
<br /> • Trust,exceed the artginal Ddncipal amaunt stated herein,or$�,1Q,,11Q0_Q� .�vhich0ver is greater. .. , , .
<br /> ` 18.Mtscelianaous Prov�slons. • � • '.'`•: �
<br /> (a)8orrmwar tdo4 Raleasesl.Extenslon of thff Ume tor payment or modification of art�ortiration of tha sums secured by this '
<br /> Deed of Trust granted by Lender to any sucoeasor in interest of Borrov�er shali not operata to retease.in anY manner,the tiabii}- • • •. +�'`
<br /> • ' ry ot Mo originat Borrower and 8orrowet's suxessors in intarasK. Lender shall not be requited W commen�proceedings : _
<br /> � against such suoc�ssor os refuse to extend time for payment or otherwise modify amortlzation of the sums secured by this � k < "'"�� `
<br /> ' Qeed ai Tnist by reason o9 any demands made by the odginai BortoNer and 8orrower's successors 1n interast. , , •, T
<br /> `°' (by Lsn��'s Powora Withaut affecting the tiabiliry ot any other person liabfe tor the paymerst of any obligallan herein mers- �`
<br /> • Uoned,and without affecUng the Iie�or charge ot this Deed of Trust upon any port�on of ffia Proparty not then or tiheretofore • •, • t ,f
<br /> re�eased as s¢curity tor the futi amount ot ali unpaid obligations,Lender may,trom wne to time and without notice()r�lease . � .
<br /> anY person so liable.0�e�the maturity or alter any oi t�:e tertn�me at L�en�da�rb's��t�n any gpa+�1,porttun�o r�at!of U�ie �: ., _ �...
<br />- � release ar oonvey,or cause to be reteased or�ecomeyed at ar►Y -�- ,------- .
<br /> ��`: , property,{v)take or release any other or additia�al security or reconveyad at any tlma at Lender's option any pa�cel.portlon or _', •. . : .
<br /> all oi the Praperiy.(v)take or release any o�t►er or ecid'�tional security for any obligation herein mentioned,or(vi)make compo- . ;
<br /> � sitions of other arrangements with debtois in relaUOn thereto. �� �.� . • __ ...
<br /> (e)Fo�earanco by Lender Noi a Waiver.Any tarhearance by Lender in exerasing any right or remedy hereunder,or oth- , ..
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<br /> erwise aftoRied by+apPlicabie laMl,sfiall not bs a waiver af ar preduQe Ct�a exercise o!any such r+ght or remady-The procure- ��:_:. '.',E?!;.'!����.�=•_
<br /> • � ment of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver or Lendefs right to axelef .,�t.�•::� �. ;,,��,-x;�:_
<br /> ate the mats�rity of the indebtedr►ess seCUred by thi�Deed of Trust ��r;;;��°;~T`-`"'�'
<br /> (6)Saecessors and Aaatgna Bound;Joi�and 3sveral Ua6tliry;Capttona The covenarrts end agreements herein con- _ _ �_-�� =��.
<br /> tained shall bind,and the rights hereunder shall inure to,the respective successors and assigns of Lender and Trustor.!U •:�`�__
<br /> • . covenar►is and agreements of Trustor shall be joint and several.The captions and ha�ngs ot the paragraphs of this Deed of ,`�^:=�y;,,�����_.
<br /> Trust are for cunvenience only and are not to be used to intarpret or define the provisions hereof. .::,�"�;;:.-_
<br /> � �� (e)Raquest tar NoBees.The parties hereby�equest that a copy of any rtotice of dstauft hereunder and a capy ot any noUCe �.,r�,�.,�_:��� -
<br /> � of safe hereunder be maited to each party to this Deed of Trust at the address set forth abova in tfle manner prescribed by �j�..�
<br /> . �__�....
<br /> appticap�e Eayu.Exoept tor any other notice require d un d e r a p p l i c a b i e t a w t o b e g i v e n i n a n o t h e r m a n n e r,a n y n o t k a p rovided for �„s;:�;: _ �_
<br /> � in this Deed of Trust shait be given by mailing such no�ce by cefified mail addressed to the other paRies,at the address set : ..°��°^
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<br /> . torth abpva,Any notice provided tar in this De�d ot Trust shall be etfeciive upon mailing in the mannar designated herein.If r,�_�� _
<br /> � Trustor is more than one person,nottce sent to the address set fo r t h a b ove shall be nottce to elt such persons. "�=r:� �--
<br /> � � (�Inspecctton.Lender may make o�cause to be made reasonabte entries upon and inspectlons oi the Property,provided �. �. -� �;
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<br />� , , that Lender shalt give Tnutor notice prior to any such inspection specitying reasonabie cause therefor retated to Lenders Enter- ';�.A�,
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<br /> . est in tl�e Property. , - . ,�� ,
<br /> (g)Raconveyance.Upon payment of all sums secured by this Deed of Tnr�t,Lender shall request Tnistee to reconvey the - "
<br /> property and shali surrender this Deed of Trust and all notes evidencing indebtedness secured by this Dessf o!Trust to �- : �. • �s�:.
<br /> . • Tnistea TrusteB shali recanvey the Property,withaut warranty and without drarge to the person tegally entitisd thereto.Trusto� : t-�---��-�'*��..Q�� .•
<br /> shali pay aI1 costs or recordaiton,�any. "''°� -' •
<br /> ° (h)psrsonal 4�roperty;Security Agresment As addi�onal securiry tor the p��ent of the Noto,Trustor hereby grants _� � :.� �•.
<br /> ;,`;; Lender underthe Nebraska Unitortn Cammer�ial Code a security(nter�st in all fixtures.equipmrnt,end other pereonal properiY ,
<br /> • ' '��R used(n connecHon with the real eshate ar fmprovements located thereon,and no!othe�wise d�'ad or deemed to be a paR of • ":"�'�•: ",�;�,;.�
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<br /> :;�ti. the real estate secured hereby.This in�ment shall be consbved as a Sacuriiy Agreemeni i:.�.r�said Code.xnd tha Lende� ° �,:'s�, :' _
<br /> shalt have all the rights and remedies of a seaired party under said Code in addifton to tt�a ryhts and remedtes under 1his •�?_ ;.;+•'`r
<br /> �� ., paragraph shall ba cumulati�e with.and in no way a limitation on,l.enders rights and remedias under any other security agree- ;;f .,�_
<br /> �. � ment signed by Borrower or Trustor. � s
<br /> ..;'.��`.� (�Uens and Encumbrancea.Tnistor hereby warrar►fs and represenm that there is no detauft under tha provisions of any :;��.;:
<br /> . .i' m u r tgag e.d e e d o f t r u s t,I ease or purc��ase contract desc�ibing atl or arry part of the Property,or oi�er contract.instrumerc3 or ,` i`
<br /> - collecth�2.y."Ltens'.exisUn9 es o f tt�'�a �i�_;={`
<br /> � agreement oonsGtuting a lies�or encaimbrance agalrut all or any paR of the Property(
<br /> da2e ot this Deed ot Trust,and that any and afl existing Uens remain unmodifled except as disctosed to Lender in TnisYors writ
<br /> ten dtsctasure o}liens and encumbrances provided for herein.Trustor shall timely pedorm all of Trus:�fs ob1igaUons, i 1�_:
<br /> � � covenants,representatIons and warrantles under any and att exlsting and tuture Uen3.shall prompUy torwaN to Lender copies ��:
<br /> � '.�=� of alt notfces of default sent in connectlon with any and all existtrtg or tuwre Uens,and shall noi witlwut Londer's prior wrltten —
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<br /> ,�,,,�;, consent In arry manner modity the provlsions of or allow any future advances under any exisKin��a tuture liens. - .�,�
<br /> . `,Y 1,;� (�ApDtications a!P�yr.�is.ldrts':.ss othenxlse required by law,sums pald to Lender h2:��der,inctudfng without lmita- � �Y�_
<br /> ' ,.. , .' Uon payments of pAncip�)a�mt2r�t.msurance proceeds,oondemna�on praceeds and rents and profits.st�all ba applied 6y __ '`:.�-'°'.'F`"�
<br /> Lender to the amounLs�.:e and aw;ng from Trustor and borrower in sucfi ord3r z3 Lender in ita sote discr-�3nn deems desir- __
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<br /> ..' -' ({c)SeverobHity.lt�^,�provision�Mis Deed of TNSt cor►fllots+Nith applicable�:�aw or is declared imalld o�othenulse unen- -,�,--::.--'"�"'
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<br /> ',�:;;;,, for�abte,such conflict ar imralidity�:�11 noi affect ttie other prov1sions of this Deed of Tnut or tl�e Note which can be� ---
<br /> '�'',' eftect without the conf.ictin9 provision,and to thts end the provlsions of thls Deed ot Trust and tho Nate are decfared U�be sev' �•'.`="��::.
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<br /> � <••1. erable. •
<br /> . . . m Terrm�,The tecnas`7rustor and`SoROwe�'shall include both singutar and p!ural.and when the Tn�swr and Borrower are _
<br /> fhe same person(s),U'r�sa terms as used in this Deed oi Trust shall be Uterchar.�-rabte. . •. .�."�
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<br /> � (m)C;oveming Law.Thls Dee�oi Trust shalt be govemed by the tavys ot the S:�:s of Nebraske. ,�;� ..
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<br /> • • Tnistor has executed this Dasd ot Trost as of ths date written above. ���:.°!�'��;
<br /> �.�1 & C Homas, Inc. �°
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<br /> ' � Ch�r�s�ne A. Smith> Presi ent ' Trustor T"'st°r ':;''�;_'�':"�'�:,�:
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<br /> . Curti s L. Smi�th, Sec./T easurer Truscor TrusOOr • •����:' '
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