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<br /> - � �� �21. .SiJCCF.�OR� t�ND A�ICiN.S BU1JNDi .TOINF AND .��Al. LIA�IIdTYf �lGa:i�a.�t _ i_ :�."
<br /> -- ` CAPTIOIeiS. The covenants aad agseements heteia contained shall bind,and the rights hemamder shall imtte " , , � ' .
<br /> ' ` to.the ecdve succ�sors and assigns of Leader aad Borrower.sub"ect m the provisions of 19 �' !-`'�;
<br /> , � �P J FaraSsapb ,� ,�.:. �.
<br /> f hereof. All cflvenants and agreements of Eormwer shall be jomi aad several. In exercis'sng anp rights heze�mder ; � ' . :
<br /> . - or talQng aay actions pmvided for heiein, Ixnder may act tBt+oug6 its employees, agents or independent .. . : F.� .:��•,T;
<br /> � �` . `.,., oonuaaors as awhari�d by Ignder. The captions and headings of the paragraphs of this Insnvment are for '- • . � .�'�
<br /> - . . . •� couvenience anly and are not tn 6e ased w inietpret or define the pmvisians hereaf. , . ... �-5,�;:•
<br />_ , , , ;�� . �` _
<br /> 22. UNIFORM MULTII�AR�.Y INSTBUII'IENT;GOVF.ltI�TdI�TTG I.AW;SEVERABILITY. T6is fosm ` =
<br /> of�Itifam�y insdrament combiaes�iform wvenamis for naiional nse and nan uniform covenanu with Iimited � _;
<br />�, _ ; ..`�;� vaciations by j�isdiction to constidute a aaiform se�rlry ins�ument covermg real psoperty and related fixtures . � °� �-
<br />'' �p��ProP�Y. '�is Insuument sLall be goveraed by the law of the jnrisdictian ia which the Property � � .� `, .�
<br />-- . : _.._ _ � is locaied. In the event that any gmvision of tbis Inst�eat or the Note conflicts with applirabte law,sach , �i,--
<br /> . contlict shall not affect other provisions of this Instrumeat or the Note wlrich can be givea effect withont the :��� :__--
<br /> , . :.:�. ��S Pmvisions.and w this end dte provLsians of this Instrament�td the Note are declared to be severable. • . _<< '-�
<br /> � � ��� Inthe eventthat�y applic�ble law limiting the amnunt af interest or otJter c,harges peimiued to be collected frora -•-- - _"`'—`
<br /> . , Borrower is mterpreted so tflat any chuge pmvided for in this rn�+*�,•�,�*••or in the Note.whether considered _ • --
<br /> ,.�• aratel or to with other char es levied'm coffiecaoa whh this Insm�ment and the Note,violates sach . .. �1--
<br /> �P Y 8e� & .�'.�":�;�'�.
<br /> . • law,and Borrower is enritled to the beneht of such lav�.suc�cbarge is hereby redaced to the extent necessary •'�. , ►:�,�_
<br /> � .- � - � w e�aoe snch violarion. The amozmts,if auy,Previonsiy paid to Lender in eacess of the amomus payable w . . '-�.
<br /> . Leader purso�t w such charges as reduced shall be applied by Le�cder to reduce the principal of the indehtedaess - ' � ''��'
<br /> • • evideaced by the Note. For the purposes of deterniining whether aay applicabte law limitmg the amouat oY , ' ' "'`=
<br />- • • interest or other charges permitted to be wllected from Borrower has been violated,aIl indebtedness which is ��,•��". �
<br /> ,._(;�
<br /> . � secnred by shis Inst�ument or evidensed by the Note and aLich consdtntes interest,as we}1 as aIl other chargea '.;_,.�-
<br />-`, levied'm connecoion with such iadebtedaess whtch wnstitute interest,sbatl be deemed to be altocated and spread , ' ;�---
<br /> . . : �•��rr-:
<br /> . , overthe stated termof the Note. Untess otherwise reqaired bq applicable law,such allocation and spread�ng shall •.. ' :_.•��,�'
<br /> be effeMed in sach a manner that the rate of interest computed the�by is aniform duaughout the stated term of `—�
<br /> , , the Notc. Borrower a�to pay an effecttve rate of fnterest whlch is the sta�ed ratc provided for in the Note " ��"'-�-
<br /> __ , � pins any additional rate of interest resvlting&om aay charges of inierest or in the nature of iaterest patd or to be . ";' ;'���
<br /> . paid in connecdon with the 2oan evidenced by the Note.including without limitatioa,any charges paid pursuant . �<'`',: "`.`��r:-
<br /> ' � to the provisions of that certaia commitment letter dated December 17. 1997. as modified by�eaer dated ' � � '~.�`,
<br /> 1 '
<br /> � ��; • December?A.1997.from l.ender to Boaawer. NoTwitLstanding any provision herein,os in ihe Note.or in aay '�� •�:--
<br />- � , related agreemeut betwe�n Borrower aad Le�tder,the toral liability of Borrower for paymen�s of iaterest and in -_
<br /> • � the aaNre of interest sl�ail nor exceed the limits imposed by the usury laws of the State of Nebraska. If Leader •.` -
<br /> s� ,.� . . ' receives as interest an amount which would exceed such limits,such amnunt wluch wovld be excessive iaterest , --
<br /> � , • shall be applied w the reductioa of the uapafd princIpal balance and not to the payment of interest, and if a `-_,��
<br /> � � surplus remains after full payment of principal and lawful interest,the swplus shaU be remiued 2o Boaower by � ' -
<br />; . l.ender,and Borrower hereby agrees w accept sucb remittance. . -_--
<br /> ,� � . .,
<br /> ; •, � + 23. WAIVIIt OF bTATUTE OF LIlVIITATIONS. Borrower hereby waives the right to assert any statute . ,
<br /> of limitations as a bar to the enforcement of the lien of this Insuument or to any action brought oo enforce the ..� � . � �
<br /> � • • ' Note or aay other obligauon secured by thig Instrument. �� �
<br /> 24. WAIVER OF MARS�ALLIl�IG. Noiwithstaadiag the existence of any other security interest�n the � ' � :
<br /> Property held by Lender or by any other party,Lender shall have the right to determine the order iA ahich any .• .
<br /> • � or ail of the Property shall be subjeaed w the remedies provided hereia. Leader shall have the dght w deieimine .
<br /> '��' � : the order in which aay or all ponions of the indebtedaess secured hereby are sadsfied from the proceeds realized .
<br /> upoa the exercise of the remedies provided herein. Boaower.aay party who wnsents to this Instnsmeat and au}+ �
<br /> � parry who now or hereafter acquires a serurity interest in the Property and who has acwal or coasauc: •e noticc �
<br />_• • hereof hereby waives any and all right to require the marshalling of assets ia coffieccion with the exerc�se of any � �
<br /> of the remedies permitted by applicable law or provided herein. . ,
<br /> '. . , � M�u�anQe�r�.�aamti.s��,naream.fnm�raa.taol:a� � :
<br /> AoD�nT du�saad Huard:fimadlYm4 Ntb�udn
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