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<br /> principal amount oi the Indebtednesa secured by this Deed of Trust,not Includi�g sums advanced to protect the security of lhis Deed oi : � . „,
<br /> Trust,exceed the origlnal principal amount stated hereln.or i 40 000.00 ,whichever is greater.
<br /> • 18.MlscsUm�ous Provlslons. �
<br /> (a)Borrower Not Roleaaed.Extenslon oi the tlme for peyment or modiflcatlan of amortizetf�n o(the sums secured by this i�
<br /> Deed of Trust granted by Lender to eny successor In Interest of Dorrower shall not operate to release,in any manner, the IiabiU-
<br /> ty of the original Borrower and Borrowers successors In interast. Lender shall not be required to commence proceedings
<br /> agalnst such successor or retuse to extend timo for payment or otherwlse modlfy amortfzatl�n ai the sums secured by thfs ��
<br /> peed of Trust by reason of any demands made by the ariglnal Borrower end Borrowe�'s successors in interest. . `
<br /> (b)Le�d�r's Powsrs.Wlthout aftecting the Ilablllty of eny other person Iiabie for tha payment of any obilgation herein men• A;
<br /> tloned,and wlthou4 aifecting the Ifen or charge of thls Deed ot Trust upon eny portion of tho Prope r t y not then or theretofore :•,,�:
<br /> released as socurtty for the full amount of all unpald obllgations, Lender may,irom time to time and without notice (i)release , . _
<br /> any person so Iiable,(if)extend the maturity or alter any of the terms ol eny such obligetiona,(iii)gre`�'th��on o�aileof�the ; .. _
<br /> release or reconvey,or ceuse to be released or raconveyed at any time at Lender's option any p ',.::�i� '
<br /> > Property.(v)take or release any other or additlonbl security for any obNgation hereln menflor.ed,or(•�I)make compositlons or , -: ,,�
<br /> o t h e r arren gements with debtora In relation thereto. . . '1:��
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<br /> (c)Forbearancs by Lender Not a Waiver.Any forbearance by Lender In exerc is ing an y r i g h t or remed y herAUnder,or oth- '' Y _
<br /> ervvlse afforded by applicable lew,shail not be e waiver of or proclude Ihe exercise of any such right or remedy.The procure- :;;y_;L_xt;�,�;z�_�.:
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<br /> ment of insurance or the payment of taxes or othor ilens or cherges by Lender shall not be a walver or Lender's right to acceier- .t'-��`���.��
<br /> ate the maturity oi the indebtedness secured by thia Deed of Trust �.TMz�s�- '---------_
<br /> (d)Successors end Assigns Bou��d;Joint and Sevsral Liability;Captions.The covenants and agreements hereln con- -_
<br /> tained shall bind, and the dghts hereunder shall inure to, the respective successors end asslgns oi Lender and Trustor.All __,___
<br /> covenants and agreements of Trustor shall be jolnt and several.The captions and headings of the paragraphs of this Deed of
<br /> Trust are for convenience only and are not to be used to interpret or of en notice of defa t hereunder and a copy of any notfce , ;1"''='•:�-..-
<br /> (e)Request tor Noticea.The pertles hereby request that a copy Y � u•`i�^?�-
<br /> of sale hereunder be malled to each party to this Deed ot Trust at the address set forth above in the manner prescribed by -, ;�,�,,
<br /> appAcable lew.Except for eny other notice required under appilcable law to he given in another mannvr,any noUce provided tor
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<br /> in this Deed of Truat shall be given by mailing such noGce by cert�fied matl addressed to the other parties,at the address set : •;h;�::
<br /> forth above.Any notice provided tor in this Qeed of Trust shall be eftective upon mallfng in the manner deslgnated herein. It �::,?�*!?„
<br /> Trusior is more than one person, notice sent to the address set forth above shall be notice to all such persons. f•�- �
<br /> (�Insp�ction.Lender may make or ceuse to be mede reasoneble entrlea upon and InapecUons of the Property,provided ,-�;f�'
<br /> �¢ , that Lender shall give Trustor noUce p�ior to any such inspectlon specif�ng reesonabie cause therofor releted to Lender's inter- ..,`A.4�4�'
<br /> est in the Property. '�'•.--
<br /> (g)Reconveyance.Upon payment of all sums secured by this Deed of Trust,Lender shali request Trustee to reconvey the — ' '�
<br /> ��, Property and ahall surrender this Deed of Trust and all notes evidoncing indebtedness secured by this Deed oi Trust ro ��1�,�
<br /> Trustee.Trustee shall reconvey the Property,wtthout warranty and without charge to the person or persons Iegaily entlUed .<i.
<br /> thereto.Trustor shell pay all costs of recordation,If any. ��n+�
<br /> * (h) Personal Property; S�curity Agroemen�As edditlonel securNy for the payment of the Note,Trustor hereby g�ants i�
<br /> � Lender under the Nebraska Uniform Commerclal Code e security interest in all flxtures,equipment,and other personel properly ,��,:
<br /> used In connection with the reai estate or Improvements located thereon, and not otherwise declared or deemed to be a part of
<br /> - the real estate secureci heroby.Tr�ls instrum�at�hsl!tre�Qnstn�ad ws e SecuriN Astreement under said Code,and the Lender '±�°
<br /> shail have all the rlghts and remedies of a secured party under sald Code in addltion to the rights and remeciies creaiaci undar - }_
<br /> and accorded the Lender pursuant to this Oeed of Trush provided that Lender's rights and remedies under this paragreph shall �
<br /> be cumulative with,and In no way e Iimltation on,Lender's rights end remed►es under any other securiry agreement signed by �►�,
<br /> � Borrower or Trustor. �'-'
<br /> (1)Llens and Encumbrancss.Trustor hereby warrants and represents that there is no default undor the provislons of eny 1�
<br /> mortgage,deed oi trust,loase or purchese contract describing ali or any pa�t oi the ProcAperty1Ve'o�L,e��t exist ngras of the �`•
<br /> agreement constituting a Ilan or oncumbrance against all or any part of the Property( Y� � :
<br /> � � date of this Deed of Trust,and that any and all existing Llens remeln unmodlfled except as disclosed to Lender in Trustor's writ-
<br /> `�" ten disclosure of Iiens and encumbrances provided for hereln. Trustor shall timely perform e11 of Trustor's obllgations,
<br /> � covenant,s,ropresentaUona and waRanties under any and ail exfsting an�tuture Lfens,shall promptly torwerd to Lender copies �__
<br /> '•. of all nodces of default sent In connectlon with any and all exisUng or iuture liens,and�hall not without Lender's pdor written
<br /> a consent in any manner modity the provislons of or altow any future advances under any existing or future Ilens.
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<br /> �L Q)Application of Paymenta.Unless otherwise requlred by taw,sums paid to Lender hereunder,including without Ifmita on
<br /> payments of principal and Interest, Insurence proceeds, c�ndemnatbn proceeds end rents and proflts, shell be epplled by
<br /> ° Lender to the emounts due and owfng irom Trustor and BoROwc.r in such order as Lender in its sole discretbn deams desir- �
<br /> ` able. —
<br /> x (k)3sverability.If any provislon oi thls Dead oi Truat conflicts with appilcable law or Is declared invalld or otherwlse unen- _
<br /> � forceable, such conflict or invalidlty shall not aHect the other provisions oi this Deed of Trust or the Note which cen be given
<br />, � eNect without the conflicdng provision,and to this end the provisions o(thia Dead ot Trust and the Note are de;,lared to be sev- ^�
<br /> erable. �-.
<br /> (I)Terms.The terms"Trusto�'and"Borrower'shall include both sMigular and plural,and when the Trustor and orrower aro
<br /> " the same person(s),those terms as used in this Deed oi Trust shell be Interchangeable. _
<br /> � (m)tiovernfng Law.This Deed of Trust shall be povemed by the laws of the State of Nebraske. ,.�� `z
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<br /> Trustor has executed this Deed of Trust as of the date written above.
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<br />� � (WILLIAM D. DIESSNER) Trustor
<br /> I Trustor Trustor � . . _._.. ..._
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