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<br /> � • � prindpal arnount of ths indebfledness secured by this Deed of Tn�s#.not tnc[uding sums advanoed to proted tte secudty of this Deed of ` .t yt s c °±
<br /> , � Tiust,exoeed th�orfginat pdnapal amount stated herein,or$ ,whichever is gteater. r
<br /> � 16.t9isceflaneous Provistons. � �
<br /> .. . ' ' (a)Borrower No!Refeased.Extansion of the 6me for payment or modification oi amortt�ation oi the sums secured by Uds �
<br /> • ' Deed of Th�st granted by Lender tn any suocessor in ir�terest of Borrower shaU not operate tu retease,in any manner,fhe IiaDiU- `
<br /> . , - ty af the odginal Bortower and Borrower's suooessars in interest.Lender shall not be required to cammence prooeedings . ':�F .� • :
<br /> ' `' '� a9alnst such sucoesscr or refuse Do extend time for payrrent or othervvise madify amortvation of the sums secured Dy Ws ' � .l, �.�,
<br /> • Deed ot Tn�si by r+easor►ot any demands made by the origtnal Borrower and Bortowers sua;assors in Interesf. � `
<br /> .,, c. . .�
<br /> . •� • (b)Lender's Powars.Without aHecting tde lia6ility of any otAer person Gable for the payment ot any obtigaUon herein men-
<br /> . tioned,and witiwut affecHng tAe IIen or cAarga of fhis De�!of Tn�st upon any portion of the Properiy not then or theretafors ' -� � -
<br /> .� : �' • released as secu�ity fpr tlte fuil amoun!of all unpaid obRgations,lender may,irom Ume to dme and without notioe(�retease �, Yf� � �
<br /> . . _ , arry person so liabls,(ii)extend the maturily or aiter sny ot the tetms of any such obligattons.(Ii�grant 4ther indufgenoes,(ro) • � '
<br /> . ,. release or reconvay,ar cause to he reteased or reocnveyed at any tlme ai Lende�s optfon any paroei,portion or a11 M the ' �
<br /> . . - -- Property.(v)tatce or release any other or addiHonal security for any obligatfon herein mentioned,or(vf)make oompos(tions or �`' � `
<br /> - ,'c--�;"r�_, otherarrangements with debmrs in reletion thereflu. ..
<br /> . r�-:: (e}Forbearante by 1.c�rsder}Sat a YJalver.My for6earanoe by tender in exercasing any�ight or remsdy hereunder,or oth- -` -
<br /> • •.= erwise afiorded by app6cable law,shall not be a waiver of ar prec(ude the exerdse of any such right or remedy.The recure- ' �•°
<br /> • . � • mertt of insurance or the payment of taxes or other liens or charges by Lendar shall not be a waiver ar Lende�s�ight to acceler- ��
<br /> � � . `< : - ate tha maturity of the indebtedness secured by this Dead of T�st
<br /> _ . - (�Suxessors and Assigns Bouad;Jolnt and Saverai Uability;CapSoas,The covenants and agreements herein con- ' �
<br /> � fained shall bind.and the righis hereunder shali inure tp.the respective successors and assigns ot Londer and Tn�stflr.A!{ " , r � •�:_c
<br /> _` • � aovertants and agreements of Trustor shal!be joint and s�veral.The captlons and headings of the paragraphs of this Deed oi " ,�"?l�i:-.
<br /> - , �• , "� Trust ara for onnvenience onfy and are not to Ce used Uo Interpret or define tha provistons hereof. .
<br /> ' ;-. r (e)Reqaes!tor Nottces.The parties heseby request that a oopy of any nottce of default herewder and a wpy ot any notice ' . �-�r.�'.;�
<br /> =� �._S of saie heraunder be maite�to each party to this Oeed of Tnist at the address set forth above in the manner prescn'bed by �
<br /> ;� . . . appitpbte law.Except for any other notice required under applicable law to be given in another manner,arry no�oe provided tor ,�s.�,... :�_;�-'
<br /> � " in this Oeed of Trust shall be g(ven by mailtng sucti notioB by certified mai�addrassed to the other paities,at the address set
<br /> , - torth abova.My no�ca provided for In this Oeed of Trust shall be etfective upon maliing in the manne�designated herein.If -�� '
<br /> , Trustar is more than one person,notioe sent to the address set fortb above shall be noffce to ail such persons. '
<br /> ° , _ (�inspadion.Lendsr may make or cause t�be made reasanabie enMea upon and Inspecttons ot ihe Prvpe�ty,provided �
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<br /> . , that tender shalt give Tnistor notice prior to any such inspectton specifying reasonabte puse therefor related to Lende�s inter-
<br /> � . ., est in the Properiy.
<br /> . . _ (g)Reconveyance.Upon payment of all sums seca�ed by this Deed of Trust,Lender sfral}request Tnistea to recernrey the _
<br /> <-- � . - Property anA shafl surrender fhis Deed of Trust an0 all notes evfdenctng indebteciness secured by this Deed of Trust to - -
<br /> k,� ' Trustee.Trustee shall reconvey the Property,wnhout warranry and withaut charge to the person or persons legaily entiUed `���- -
<br />-s ".. thereto.Tnistor shail pay aN costs of wcordatton.if any. :; , �--
<br /> � (h)Personal Property; S@curfty Agreemen4.As addiUonal seauiry for the payment af the Note,T�r hereby grants �r "
<br /> ^� ' Lender under the Nebraska Uniform Commercial Code a securtty fiterest in a0 fuch�res,equipmeni.and other persanal pmperiy '� �L' .°'. �-'�"
<br /> ,:;:;�, used in vonnecKton wtth the real estate or improvements locafed thereon,and not pfherwise declared or deemed to be a part of � � �'`
<br /> '; ' , ' � the rea�estate secured hereby.This fnstrument shall be consUued as a Secudty Agreement under said Code,and the lender �'' � �—
<br /> , � :-,•r shall have a11 the rights and reme�es of a secured paRy under satd Code in add(tlon to the rights and remedles created under •� '�� '� ��
<br /> �, � �.< and accorded fhe Lender pursuant to this Oeed ot Trus�pruvided that Lenders d hffi and remedias under this � `� �'"�
<br /> . � 9 Para9rapbsha0 .�,. ''1;:�--
<br /> �• . _ be cumuTath►e witb,and In no way a limttatfan on,lender's rights and remedies uader any other security agreement signed by
<br /> � . � Borrower or Tnistor. � :��'.'..-—
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<br /> , � (�Lfens and Encumbranees.Trustor hereby warrants and represents tfiat there is no defauit under the provisions of any -:...�::�-
<br /> mortgage,deed of trust,lease or purchase contract describing all or any paR of the Property,or other oontract,instrument or , :�,�,,
<br /> , agneement constituUng a lien or encumbrance against ali or any paR of�e Piroperty(coltectively.'Usns7,extsting as of the �
<br /> , date of tt��s Deed of Tnut,artd that any and all ex(sting Liens�emafn unmodHted except es dlsctoseA to lender in TnisOor's writ '�°"��-
<br /> . � , ten disciosure of Ifens an0 encumbrances provided for herein.Trustor shap ttmety perform alt of Trustor's obligations. . �•�°::.
<br /> "- ------- covenants,represeMa�ons and wamanUes under any and alt exisUng and tuture Uens.shatl promptty forward to Lender copies � `.�;r�`_
<br /> '`±. ' ; af ail nottces of defauit sertt in oonnection with any and all extsUng ar future Ltens,and shatl not without Lendet's pdor written � '. ' .� �1-��=
<br /> . consent in any manner modify the provlsions otor aliow any future advances under any exfsting or future Ifens. � �' '""
<br /> . (�Applleatlon of Payments.Unless otherwise required by law,sums patd to Lendar hereunQer,irtcluding wlthout Ilmitatfon �
<br /> � , payments of pdndpal and Interest, irtsurance proceeds.condemnatlon proceeds and rertts artd profits.shali be appiied by � •. • '��=
<br /> . Lender to the amounts Cue and owing frpm Tn�stor and Borrower in such order as Lender in its sote d(screUon 6eems desir-
<br /> � ' abte. '" �i-�y..
<br /> • (k)Severabftity.tf any provtston of thts Deed of Trust conflicb wtth applicable law or is deGareO Invaifd or otherwise unen- ., , . �
<br /> foroeabte,such confllct or Invalidity shall not a(fect the other provistons ot fhis Deed oi Trust or ths Nota which can be g[ven � �,°- _
<br /> � � : effect without the wnflicUng provlsion,and to this end the provisions oi this Oeed ot Trust and the Hote are Qeclared to be sev- ' �-
<br /> - . �. : � erable. .: ` .�- .
<br /> • (q?erms,The terms'Trustor and'Borrower shall include both singular and piural,and when the Trustor and Bortouver are - � ��'��
<br /> , . ihe same person(s),fhose tanns as used In this Oeed of Trus4 shail be interchangeabfe. �� '� ' •
<br /> - � (m)Goveming Law.This Deed of Trust shatl be govemed by the faws oi the Slate of Nebraska. „.� ' . .� -
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<br /> ' • Trustor has executed this Oeed of Tnist as of the date wdtten above. � .
<br /> � . . , 1����, � . Cs�i� �: . . .
<br /> . � E.W. SKALA, PRESIDENT T�'stor Trustor , • � � '
<br /> , . Trustor Trustor .. .
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