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<br /> : '- . Prinapal ama�mt of the indebtedness secured by this Oead of Trust,not induding sums advanced to proted the security of this Daed ot ` ' .
<br /> - •�• • Tnist exceed the odgina!pflndpat amourn statetf hetetn.ot S 40 000.00 .+M�idsever is greater. >...'
<br /> ' `� F .`� l8.E�SCBII�f10Ot39 PfOYIS�Oi18. _ ,` {,•"
<br /> � {a)Borrower ittot tteteased.Extens[on of the dme for payment or mod�ication ot amort�zation ot the sums secuced bY tl�.a�
<br /> � � • - Oeed ot Tnist gra�d by tender to any suooessar tn interest ot Borrower shaU not operate ta retease.in any manner.the fla0pi-� � • �a :`
<br /> � � • ty of the ori girtal Borrower and Borrower's successors in irrterest.Lsnder shall not be required to commence proceed(n9s �__,<
<br /> '" � against such sucoessor or refuso to extend time f or paymen t or o t he n K i s e m o d i y a m o rt i z a tl o n o t t h e s u m s s e a u$A�Y�t s� ;.r
<br /> Oeed ot Tnist by reason oi any demands made by the odginai Borrmver and Borrowers suocessors in interest. � , . _ �.••
<br /> . , (b1 Lender's Poure�.WiMout affedinS the UabUiry ot any other person liabfe ior the payment of any obQgatlon herein men-� � �
<br /> �-• 8oned,and withaut aftecdr�g th�lien or cha�ge of�(s Qeed af Tnut upon any pordon of the Propsrty rtot then ar theretoforep • _
<br /> . ` `' teleased as seairity for the fu11 amou�t of all unpaid abligattons.Lender may.from time to Ume and without no�ce(�cetease� � �,->`h •
<br />. ., � � 1: anY Person so liabte.(i�extend the maturity or alter any uf the terms oi any such obligations.(l�9rant other ind�gences,([v) •s F__` •
<br /> "< L-- �`'- retease or reoonvey.or cause Lo b e re l e a s e d o r r e o o n v e y e d a t a n y t l m e a i L e n d e r's o ptian an y pa�el,p ortian or af!of the�
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<br /> _�.. Piroperty,(v�take os release any other or additianaf secu�try far anSt�'9a��n mentioned,or(�'}malce�mPos+t►ons or
<br /> - -* - other artangements wiU�debtars in relation 1hereUo. - � -• -
<br /> • �° � (�)Forbearance by Lende�Iditt a Watver.My for6earance by Lender in exerdsing arry right or remedy hereunder,or oth-
<br /> • � � erouise afiorded by appttcabte Iaw,shall not be a waiver of or predude ri�e exerase ot any such dght or remeciy.The proaire- :
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<br /> ' � mert of insurance or the payment of texes or other tisns or d�arg9s by Lender shail not be a walver or Lendei's nght to aeoeler- , .:`
<br /> � � � ate the maturity of the indebLedness seaued by this Deed of Tnist '
<br /> ' < ' - i�Suuessors and Asaigns Bound:Jotnt and Seveist L.ia6lli4yt;Caplions.Tt�covenanSs and agr�eemertts herein mr�-
<br /> � ` .° . .1z�sRa3�.and ths rix�T�^s hereunder shali iruu+e�.ths resi��.suece�rs a�d assi�rs of Lend hs���c f . .
<br /> :',t �ar:3 agreemerris of Tnistor shall be joini anct s�+aeraL��"am�s and headings of ti�a garaS�P y_ y-
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<br /> � � Trust ara for convenience onty and are not to 6e used t�::farpret or de5ae the provisions hereof.
<br /> ` . ;;: � (e)Request for NoUces.The parties hereby[equest lhat a copy oi any notics of default hereunder and a ccpy of any notite .,-±yl,;:
<br /> of sale hereunder be mailed to each party to this Deed of Tnist at fhe address set forth a6ove in the manner presaibed by . ..
<br /> - appUcable Faw.Except for arry other noilce required under appticable taw to be gtven in another manner,any noUoe provtdsd for � m� �
<br /> in this Deed of Trust shali be given by maUing such notioe by certifisd mail addressed to the Ciher partles,at the address set � _
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<br />.�� � . . - forttt at�sove.My notice p�ovided for in thls Deed of Trust shall ba eftective upon mai Ung in t h a m a rt n er desi g nated herein.Ii
<br /> ve.
<br />-Q� Tn�star is more than one person,natice sent to ttre address set foM above shall De notica W eB sach persons. � • . -
<br /> � � ���� (�Inspeetlon.Lendet may make ar cause W be made reasonabte entries upon and tnspedions of t4�e Propetly,ptavided _
<br />'.,;; � . . • • that Lender sQali give Trustor rtoUce Pdar to enY such Inspectton speciQring reasonabte cause therefor retated to Lenders InGec _
<br /> ' - est in the Property. "..
<br /> � (g)Raeonvayanee.Upon payment oi atl sums secured by this Deed oi Trust,LeaGer shaU request Trustee to raoonvey the J �.
<br /> �}� ,� PropeRy and shali au�render this Oeed oi Trust and ail notes evidendng(naebteQness secured by thts Qeed ot Trust to � ��'�
<br /> - . T r u s t e e.T r u s t e e s h a l l re c o n v e y t h e P r o p e rt y,w i t h o u t w a r►a n ry and vrithout cha r ge to the person or pereons tegatty ertUtled _�#
<br /> � " thereto.Trustor sha0 pay efl costa ot recaNatton.(f any. , � ..``f'
<br /> .. - • • . • (h)Peraonal Properiy: &er�arity A9reemenL As additionat secuAry tor the payment ot the Note.Tn�.stot hete5y grants �. ,_ �= '`=%�`�
<br /> �.o.
<br /> ' • Lender under the Nebraska Unifortn Commercdal CoQe a security irterest tn ali tlxtures,equipment,anA other persanaf pmperty ,� '�;-�
<br /> � L� used in connectfon with the reaf eshate or improvements toc�dted thereon,and net othervylse deelared or deeme d t o be a pa R of �_,
<br />_ • �� .:�• l the rea1 eshate secured hereby.This instrument shali be conshued as a Secudty Agreement under said CoQe.and the Lender �,: ` -_. ���
<br /> ' � � shall have all the�ighffi and remedies o t e secu re d pa r t y un d e r s a i d C a d e i n a d d i t f a n t o t h e ri ghts and remedles caeated under '
<br /> � and accarded the Lender pursuant to this Oeed oi Trust;pnovided t hat L en Q e rs dg h b and remedies under this parag�ph shaU �'; —
<br /> 'be cumulative with,and in no uvay a IimitaUon on,Lenders dghts and remedies under any other security agreement signed by . . -_
<br /> ��i • Borrower or Trustor. • �
<br /> (i)Llans and Enwmb2nces.Trustor hereby warrants and represents that there is no default under the provisions of any ,' `.�_-
<br /> � . '� .; mortgage,deed of trust,lease or pur�chase cantract describing atl or any part of the PropeRy.or other contract,instrument or � _,�_
<br /> agreement consti�ting a Iten or encumbrance agalnst all or any part of the Properiy(collecUvety,'Uens7.e�dstln9 as of the ' :-�„�,.
<br /> � date of this Deed of Tn�st,and that any and all existing Uens remain unmodified except as disdosed to Lender in Tnistnrs writ -,.
<br /> ten disciosure of liens and encumbrances provided for herein.Trustor shail timety perfortn ail of Trusto�s obiigations. .�; :,s;-
<br /> ` � oovenants,representations and warranties under any and all existtng and tuture Uens,ahatl promptly torward to L.ender capies . _ .�,�
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<br /> ;�,.," of aif natices of default sent in connection with any and all exisUng or future Liens,and shall not without Lendefs prtor wtitten �, P:,
<br /> ,:` � • ;;�;� cunsent in any manner modit�r the provisions oi or attow any future advances under any existing or futuce Nens. . . . ,,�.y
<br /> _ ._.� (j)Appitcation of Paymonta.UNess otfierwise required by taw.sums paid to Lender hereunder.inctuding uuithout lim�on ,- � -
<br /> - .! payments ot prinGpal and interest,insurance proceed., condsmnatlon proceeds and rents and profits,sAa11 6e appliad by
<br /> � •. i Lender to the artrounis due an0 owing from Trus2or and BoROwer in such order as Lender in[ts sote discre�on deems desir- �,�r;�,. _
<br /> - � ab4e. `��� _-_
<br /> (k)Severabiiity.Ii any provlslon o!this Deed ot Trust conflicts with appliqbte Iaw or is deCtared h►vepd or othenMse urten- _
<br /> forceabte,such ooMlict or imrati�ity shali not aftect tha other provistons of this D�ed o1 Trust or the tlote whlcA can be glven _
<br />. ' . � ' . effect wffhout the conflicttng provision,and to thia end the provlsions of this Deed of Tn�st and the Nota are declar�ed to be sev-
<br /> . . �: erable. . ,
<br /> : . �• (I)Tertns.The terms Trustor and'Borrowef shall inciude both singutar and ptural,and when the Trustcr aad Bortowar are . ..
<br /> :��{ the same person(s),those terms as used in this Deed oi Trust shall be lnterchangeabte. .
<br /> (m)C-�veming Law.This Oeed of Trust shail be govemed by the laws of the Stste of Nebraska.
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<br /> �'' - . Trustor has executed this Deed ot Trust as of the date wdtten above. : � ,
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<br /> � � . � ` � � C' larr-� . " . . _ ...
<br /> , \a,t r'�, �e n, � .. �
<br /> :;., • -frl� � �� � Tnistor � .
<br /> , - . � (ROGER A. CLINE) T"'st°r (ELIZ ETH E. CLINE) �
<br /> Trustot Trustor ' � �
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