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<br /> y not inctudi sums aQvanoed to;xoted the securtty of this Deed oi � ::�' ; .. "-
<br />-- . � • - `;.". pHncipat amaunf of t4�e IndebteMess secured by Ws Dees!oiTrust. �9 �,t
<br /> ... 4`<,:'.• , - 7rust.mooeed the arfglnai psindpaf amount slated heretn.or S �� nnn M _,whichaver i�greater. ' �.;-p� `
<br /> . 1 B.tdis�ltaataaus�vtsiOSto. '` ' ' < a
<br /> ` ` � ' (�Bomayuer Ndot Reteasad.Extenston oT the time for payment or rnadtflcatlon ot amflrtizetlon ot the sums secured by this �'n ` .
<br /> Oeed of Tn�st granted by Lender t�arry suxessor(n ir�srest oi Borrower shall not operate tc reteasa.in anY manner,the Itabitt- ..
<br /> • . -,•�`'"� ty of the tiriginal Borsower and Borrowers suxessors in[nterest Lender shaU not be required tn commencs Praoeedings . �°
<br /> _ � aga��st surfi 5ucoessor or cefuse to e�end tMe tar paymertt or othenrrise n[oditSl amo�tion ot tha sums sealed by d►ia <<�� ; � "`.
<br /> D e e d o i Tnest b y ceason a�a rt y daman�s made by the od�inal6o�rower and Borrowets succassors tn int�rest. .. �.• •
<br /> •: � ' � (b)Lendar's P�era WMout aftecttng the I)ab�iry af any other person U a b te f or t h e p a y m e n t o f v►Y o b f+g a t t o n horein rtien- `; ,, � .. ,
<br /> tioneQ and wiUwut affect(ng the ilen or charge ot this Oeed o4 7nist uPon any portton of the Properly►not then or theret�ore
<br /> ;�� , �e�ased a�seauity►tor tt►e httl amottnY oi ail unpaid obngatfons.Lender may.fmm time to Hme snA�vt�r(ndul,q�ces.f) � ,.�'�.�."`- .`,'"�:
<br /> ' ' s_--..�,, anY Person sa 1lable.(i�extend the mawrity or after any ot the terms of any sad�abligations.(It�9ra�t .=:.,. ��4< ;:�
<br /> ,``.��: refease or raoorney,or cause to be ce�eased or reoorneyed at aay time at Lendets option any paroei.poAfan or all of!he �
<br /> -- - - �• ProPertY.(v)take or release arEy other or addi�ona!secudty for any o b tigaUon h e r e i n mentiorred.or(ve�make oomposit}nns or � :, ��,`i.<', .
<br /> �- ��1, other arrangeme�s with dabtors M relatiors ttsarato. _ °�-'
<br /> � • � (c)ForQeatanee by Lendar Not a INatver Airy forbearance Dy�ender in exercising arry right or remedy hereundet.or oih� � , Y }�;
<br /> � envisg affOrded by appltqble Iaw.shaA not ba a waiver of or predude the e�rdse oi any sufi[ight or remedy.Tha pmau�- ,, ;�:
<br /> . .. . i--' ment o!insuran ot the tndab�ess secured Ol►tl�1S Oeed of Ttust by lender shall not be a waiveror Lendero rfght to ac�(er � . ':::-.,,;,;;fr
<br /> aietltsmatu�ity � � f �: •'
<br /> , -, ... _ - `�`� (dl�accessors and Asstgats Bound;Jotnt and Several Uabtlity:Capttoyts.The ccvenants artd agreemerts hecein oon- � ;...k.;_.:.
<br /> _- ' - tained sha0 bind,and the rights hereur+der shall Iaure to. the resAecxhre successors and assigns of Lender and Trustor.Ali �. ,�;;;;:..
<br /> . � � =::4- covenants and agreemer�of Tnistor shall be joh�t end several.Ths captians and headrsgs of the paragraPhs of thts Oeed of ,: -�. =_-_
<br /> + .; Trust are for comaNenrs onty and are not to be used Lo interpret or Qefine fhe provtstons hsraof. �4 �-�---
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<br /> �- ; .:;., (e)l3a4nest for Nottces.The parUes herebY reQuest that a wpy CFany noUoe of Qefault hereunder and a aop}r af arry natice ' �-.:
<br /> of sate hereunder be ma(ted to ead�party ta this Oeed of Trust at the address set brth above tn tlie manner presaibed by :.,;�•�,,,.,; `�-- _
<br /> ` " appticabte Iauv.Exoept for arry ather notice req u t r e d mt Q e r a p�t i c a b t e t a w t o 6 e g i v e n in another�nner.any r�atIoe pruvided for •.;:s_. ..-.-,—
<br /> . .<•,- in t�is Deed of Tnist sha11 be gnren by maiting sucfi notice by cartlfted mail addressed to the other parties.at the address set .� _.;,.._---_
<br /> •.� f : :�� ��a�ve,qny notice pruvided tor in tl�is Oeed of Trust sha0 bs etfacBve upon maiting in the manner designates herein.(f _� _;_°-
<br /> � _ :�:'.� Trustor ts more fl�an ane pe�san.�oGce sent to t�address set foAh above sha116e notlee tn a11 such persnns. :-� �
<br /> - (�tnspeetlon.Lende►may meke or cause to be�nade[aasonabie erttrias upon artd inspectians of ihe PtopertY.P:ovided � ��'. �-^W----
<br /> r y ��`� `' that Lender shati giva TmsWr notice prior to any sud�inspectlon specifying reasonab(e cause therebr related tn Lender's intar- --
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<br /> .. .� - .;s-- est in the P�opeRy.
<br /> -' - - • (g)Reconveyance.Upon paymerd ofi ail sums secu�ed by thts Oeed of Trust,Lender shatl request Tn�stea to reoortveY t�e _ -
<br /> � y'�'+.-; Property and shall surrenQer this Qeed of Trust and all notes evidencing tndetot�dness secured try tt�fs Deed oi Trust to �;__
<br /> TnisOee.Tnistee st�a11 reconvey the PiropsrtY.wtthout wananty and withaut charga to fhe pe�son or perscns Isgal�y entitted : ..,�__��-_�_
<br /> : � thereto.Trustor shall pay all costs of recorQatton.ff any. ' •?r n.
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<br /> ... . .. ' :��,;y (h)Personai Propert7li Seacriry A�reerrte�As aQdiNnnal securfty for the paymerR of the Note.Trusior hereby granis =
<br /> Lendar under the Nebraska Un�form Commercial Cade a seaRity interest in aN ffxtures.equipment,and other personal property -----
<br /> � �� 5 used in connedion with the real estate or ImDmvE►mertts located Useneon,and not otherwise dedared or daemed to be a paR ot
<br /> , - the ceal estata seared hereby.This instrument shall be oonshued as a Secudty Agresment under sa10 CoQe,and tl�e LenQer ., � • _ __
<br /> ' shaU have�II the rights and remediss ot a secured pariy under satd Code in additlon to fhe dghts and remedies created under ,�_, � � -.___
<br /> �� �� � � and acroorded the Lender pursuant W this Deed of Tnu�provlded that lsndar's rights and remedies under this paragrapA sha9 :
<br /> � �� °�.'� be cumutattve with.and in no way a limitation on.Lenders dghb and remedtes under any other security agr�eemer►t st9ned by
<br /> . • Borrower or TnisWr. "`�:�,�
<br /> �� • " • (i)Llens and Encumbnntes.Trus-tor hereby warrants and represents that there is.no defauit under the pmvistazs of any ;� �.._�,�
<br /> moRgage.deed of trust,tease or p�srcfiase cantract describing all or any part of the Property,or other cantrad,instrument or ,
<br /> � � •� �� agreemant cansti�ttng a lien ar encumbrance against ali or any part of the Pro�eRy(coltsct{ve1Y.'I.tens�•exisUng as at�e
<br /> ' � � date ot this Deed of Trust and that any and all exisUng Liens remain unmodifted except as disdased ta lendar in Ttustofs wriE __
<br /> � ` "" ten dlscfasure of lfans and enpimbrances provlCed for hetetn.Tnrsior shail timety perform all o!TrusWrs obligaUons. :.'�;�-
<br /> °,�� wvenants,representations and wartan�es un dar any an d a t l e x i s U n g a n d f u t u c e L 1 e n s.s h a l l p r o m p U y fotward tn Lender ooPies .�-T--
<br /> of ali notices o!defauit sent in connecdon wit�eny ana ail existfig or(uture Uens,and shail not without Lenders pdor written r 3.,.'-
<br /> .., •., • . .. oonsent in arry manner modify the provistons ot or allow any futura advances under ar►y extsHng or fuWra Ilens. ,. ��::�
<br /> � �. - p)AppNcaUon oi Paymenta Untess atherwise required by law,sums pa[d to Lender hereunder,inc?v�ng without Itmfitatlon ��_,
<br /> payments oi princfpai anO interest.insurance proceeds. ccndemnaUcn proceeds and tents and praf�fs.shatl be apptied by � � .
<br /> Lender to the amounts due and owing from Tcustor and BoRODUar tn such arder as Lender in tb sote dis�xeUon deems desir- .. _-__
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<br /> ,` .:.t ' . . able. , _--
<br /> (k)8sverabqlty.ii any pmvlsion oi thls Oeed ot Trust conflicts witt►apD�tcab�a�aw cr Is declare0 Invalid or othenr�isa unerr ;• :�,:
<br />;_� � � � forceabte.such conflict or Invalidiry shaD Rot eNect the cfher provistona oi this Deed o!Trust or fhe Note whicb can be given � ��,,: _�,. ��
<br /> ' � ; effect without tfie ecr►fltctlng provision.an0 W this end the provisions oi thts Qeed o1 Tru�t and tha Note are QedareO W 6e sev- ,'.�,rb;;-,;
<br /> �� erabfe. -_ ---�_.:_�:
<br /> . p)Torms.The terms'Tn,stor'and'8ortoweP shail inctude both singular and plurat.and when the Trustor and Bortawer era ;..,,.�.�
<br /> - �- tAe same person(s),those tertns as used in this Oeed oiTnist shall be interchangeabte. .. � •
<br /> , . � , (m)Goveming Law.This Deed of Trust shall be govemed by the taws ot the State of Nebrastca. . : �4
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<br /> � ,' . TNStor has executed '!s Deed oi Trust as of the date wr(tten above. • � ; :
<br /> � GORDON L. OCKINGA) Trustor (MARGE A. OCKINGA) Tn+stor - ; -. �
<br /> , � � • Trustar Trustar .. . �
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