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<br /> ` "�i. prindpat amount of the indebtedness secured by this Deed ot Tn�st,not induding sums advanced to protec[the seatrity oi this Deed of `' ,�:_
<br /> ,�`` . Trust,ex o e e d t h e o ri g inal pdn c i p a{amount stated herein.or$ 1 000 000.00 _.w1�[chever is greater. << , `�
<br /> � • � � 16.64[seollmneous Provislorta •'` �`�'`
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<br /> . ��, . ° (a)���8��i�(�asesl.Extensian ot the Ume tor payment or modification of amortlzation of the sums secured by thLs ,,.i;` ,• .
<br /> - ' � � Deed oi Trust granted�ll Lertder to arry successor U intecast ot Bartower sha11 nat operate W retease,in any manner,the RabHt-� . .�. :�.°::'. `
<br />- ' ty of ths or[ginal Borrower and Borrawars suocessots In in�eres4 Lender shall not be required to oommence proceedings� � . �, n�
<br /> _,-,---- �_= against such successos or r e f u s e t o e�d e ad Ume for p a y ment or othervuise m�fy amortization of the sums sewr+ed by Ws� . �`°i _`
<br /> ' � �f,�` D e e d o f T t u s t b y c e a s o n o f a n y d e m a n d s m a d e b y the ori g inal Bnnawer and Bortower's successors in interest . .
<br /> � , (b)IBnder's Powers.Without affeGFn9 the liabitity ot any other person�able for tha paymen t o f any o b f i g a t t o n h e re i n m e r ti� �.•�., `
<br /> � . ` bo�,�nd withaul affer.tlng the tien or charge of thls Qeed of Trust upon any portion of the PropeRy not thee�or thereLOfo� ` '. .
<br /> ceteased as sequiiy for the fu8 amount of all unpaid obiigatJons,Lendet may.�time ta Sme and withaut rtotice(��lease ; � ` _.
<br /> - . -y�, anY person so Iiable.f i)extend the mari�dry or aiter ar►y oi the tarms of arry such obligaSons. w grant oth ortior or a�tfh�� . . �
<br /> - release or rec;omrey.or causs to be reteased at reconvayed at any time ai Lende�s option arry p�P . . •
<br /> ' Y�` proDeAY.(v)take or ralease any other or additisonal sacudty for any obGgatinn herein mer�tioned.or(vi�make compositions or �_.,� ', _
<br /> - - - ° `,_ other arrangemerrts wiih debio�s In relaFion thereio. ' - �-�--��4.
<br /> (c)For6earance by Lendsr�lot a Waiver.Any forbearanoe by Lender in exerasing any Rght or remedy hereunder,or oth-
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<br /> � ` � erwise afforded by appficable Iaw,shall not be a waiver of or prectuda the exe�ise of any such right or remedy.The procure- � -
<br /> ment of�nsurance or the paymer►t of taxes or other tiens or charges by Lender shalt not be a waiver or Lende�'s d9ht W aaoeter- .
<br /> ate the mahuity of the indebtedness searred by tnis Deed of Tnist �. � ,
<br /> ` . � (�Saocessors and Asstgns 8aund;Jolnt and Severat L.fabitily:Captions.The ooven�nfs and agreements herein con- -.::��;.`.t. : :--
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<br /> • - tained shail bind,and the righis hereunder shali inure to,the�espective successors ar►d a�igns of lende���Q �Qf ��.': '.',..:::•
<br /> �' covenants�d agreemenis af TrusLor sha11 be joi�t and seveiai.The ca�tinns aad headngs of the Raragrep � : .. .,�
<br /> . .,•';�• Trust are fir camrenience onty and are not Oo be used to icrterpret or daflne the provisions her+eof. = .- .•��,.-�
<br /> (e)Re4u e s t f o i Na t lces.Th e p a r ti�s h e r e b y r e�►e s t t h a t a o o p y o f a n y no�ce of defauli hereunder and a copy oi any not�oe ";r �K;�
<br /> M sale hereunder be ma0ed tn eact�pacty to this Deed of Trust at the address set fortt�above in the manner prescdbed b y
<br /> • ' appttcabte taw.Exoepi for arry o ffier no ti v e requ i re d u n d e r a p p l i c a b t e!a w t o h e g i v e n i n a n o t h e r m a n n e r.a n y Rotice provided for . .�. _
<br /> � � .�;y• m t h i s D e e s 1 of Trust shall be g fi ren by maNng such notica by ceAified mail addressed to tl�e other parties,at the add�ess set : _
<br /> � � forth above.My notice provided for tn this Deed of Trust s h a f t be e ff e d i v e u p o n m a's t i n g i n t h e m a n n e r d e s i g n a�e d fi e re l n.lt . � �
<br /> � � �` Trustor is more than one person,notice seni to the address set fortb above shall be no�ce to all su c h pe�sons. rovided . �� -:_��
<br /> - (�(nspeetton.i.ender may make or cause to be made reasonabte ertbtes upon and Inspecticns ot tha Prope�h►,p __
<br /> . that LenQer shail give T�ustor notice pdor to enY such i�sGection specdying reasonabte cause therefor retate0 to Lenders 3nter- '�.��+. '..:____
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<br /> . . � , es!in the Property. - , ;��
<br /> (g}Reeonve�faRCe.Upon payment of al!sums secured bY this Desd o1 Tn1st.Lender shafi request Trustee to reeonvey the _
<br /> , � .°`�.�. Property ana shatl suRender thts Oeed of Trust and all notes evldencing indeOteflness secured by tAts DeeO of Trust to `4 'ir�'�
<br /> � .. • Trustae.Tniatee shail reconvey the Property,wfthout warranty and withaut charge to the persan or persons tegally enUtted . ��-_,_
<br /> ' ' • thereto.Trostor shali pay all costs ot recordaUan.ii any. .�;.r;,``;"�`�
<br /> (h)Pereoaal Property;Sewrity QSree���additional security for the payment oi the Note.Tnistor hereby granb
<br /> ` � " Lender under fhe NeOrasKa Unitor�n Camsnerda�Ccde a secudt�intarest in all fixWres.e4uipment.and other personat propeRy _�l ;,��,;�;�
<br /> ` used in connectlon with tite real a;tate or improvements located thereon.and not otherouise dectared or deemed to be a patt of ,.._�..�
<br /> � the real estate secured heraby.Thts inshument shall be wnstrued as a Securlty Agreement under said Code,and tha Lender
<br /> � • shal!have all the rights and remedies of a secured paRy under said Code in additlon to the rights and remedies created under �,•;:��_
<br /> '� ' " and accorded Me Lender pursuant W thts Oeed of Trusfi provtded that Lenders rights and remedtes under this paragraph shail ;":,�_
<br /> � . � be cumulatfve wittb a�d in no way a limitatlon on.Lenders rights and remedies under any other secudiy agreemar►t signed by .:;,f,.___.
<br /> Borrower or Truswr.
<br /> � � • (�Uens and Encumbrances.Trustor hereby warrants and represents that tfiere is no defauft under ths provisions of any , '=:�`�=
<br /> ' . . mortgage,deed oi trust,lease or purchase contrad describing ail or any paR af the Property,ar other contract,insdument or ���'��"�.
<br /> '. .+: :' agreement canstirirting a lien or encumbrance against ail or any paR of the Property(coilectively,'Uens�.exlstin9 as of the ::°�
<br /> � •* date of this Deed of Tmst.and that any and all exlstlng Liens remain unmodifled except as disdased ta Lender in TrusOor's vuriA _ ��,�_
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<br /> ' ����� � � -� ` ten disdosure of liens and encumbrances provided for heretn.Trustor shall Umefy perform a11 of T►ustofs obligaUons. , . . ��,
<br /> ' covenants,represeMaUona and warranttes unQer any and ail exisUng and tuture Uens,shaD pmmptiy fotward to Lender capies . .:�.�,�._
<br /> � of ail noUces of default sent in connecUon wlth any anQ alt existing or future Liens,and sha11 not withnUt Lendets prior wr(tten •,,,1�_
<br /> •� '' oonsent in any manner modify the provisions of or allow any tuture advattres under aay►ex(sting or future liens. .,�.
<br /> . • � y. • (�Applicatton of Paymen�.Unless othe�wise required by taw.sums paid to Lender hereunder,fnctuding without limitattnn ,;,�,-,,;,.
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<br /> � payments oi principat and interest,insurance proceeCs, condemnaUon proceeQs and rents and profits,shail be appiied by ._ `
<br /> ' ' , Lender W the amounts due and owing from Tcustor and Borrawer in such order as Lender in its sole disaeUon deems desir- �,..,-�
<br /> , - ���A abie. .
<br /> • • � (k�Severabfiity.Ii any provisian oi this Deed oi Trust cor�licts v+r�aPP��cabta law or is deGa r e d inva l i d or o t h e r v r i s e u n e n- Ay�,._.
<br /> � � � . - eftect witho the confticting prov is on,and to thiseend the provis o siot this Oesd oi Trust and the 9Vote are decla d W be�sev ' �- ~
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<br /> • erable. _ - --
<br /> � � ' (�Tertns.The terms'"Trustor and'BorroweP shall Incfude both singular and ptural,and when the Tcustor and Borrower are .
<br /> ' � ' � the same person(s),those terms as used in this Deed otTrust sha11 be lnterchangeabte. .. �.
<br /> • •� (m)Goveming L.aw.This Oeed of Trust shafl be govemed by the laws oi the State oi Nebraska. .
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<br /> � � Trustor executed this Deed oi Trust as ot the date wdtten above. �
<br /> ' � M AS, INC. f/k/a THE MUfFLER SHO Tnistor Trustor , � .�
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