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<br /> principal emount of the indeb4edness securad by thls Deed of Trust,nQ�y�00I09 0ams edNahlcheverPs�t eate e security of this Deed of -`
<br /> Trust,oxceod Ihe orlginel principal amounl stated hereln,or$� 9
<br /> 16.Mlscellaneouo Pravleiona. '
<br /> (a)Borrower Not Roloased.Extenslon oi the tlme lor peyment or modi0catlon of emortlzatlon oi the sums secured by thls _
<br /> Deed of Trust granted by Lender to any successor In interest oi Borrower shell not operate to release,In any manner,the Ilablll- , _
<br /> ty ot lho origlnel Borrower and Borrower's successors in Interest. Lender shall not be rAqulred to commence proceedings •
<br /> agelnst such successor or rofuse to oxtend tlme}or pnymont or othorwise modify amortlzntion oi the sums secured by thla
<br /> Deod of 7rust by reason oi any demands mado by the orlginel Borrower�nd Borcowers successora In interest.
<br /> (b)Lender's Powers.Wilhaut effecting the Ilabllity ol any othor person Ilablo for lhe payment oi any obligatlon horein man-
<br /> ►ioned,and without affecting tho Ilon or chargo of this DQaA ai T•uat upon eny portlon of the Property not then or theretofore •
<br /> • released as security for the tull emount of all unpald obligatlon�,Lender msy,from time ta time and without notice(i)release
<br /> any person so Ilable, (II)extend the meturity or alter any of the terms of any such otrilgatlons,(III)grant other Indulgences,(iv) .
<br /> • r� release or roconvey, or cause to be released or reconveyed at any tlme et Lender's optlon any parcei,porUon or all of the
<br /> Property, (v)take or release any other or eddlGonel secuNty for any obligation hereln menlioned,or(vi)make compositlons or
<br /> • '` other arrangements with debtors In relatlon thereto.
<br /> (c)Forbearance by Lender Not a Walver.Any forbonrenco by Lender in exercising any right or remedy horeunder,or oth-
<br /> onllse allorded by eppllcabie law,shail not be a waivor of or preclude the exerclse oi any such right or remedy. The procure-
<br /> ment ot insurance or the payment of texes or other Itens or charges by Lender shall not be a waiver or Lenders right to acceler- �
<br /> - �te the maturity of the Indebtedness secured by this Deed�f Tniat � ��,: ,��
<br /> (d)Successon and Assigns Bound;Joint and Several Liabllity;�aptlons.The covenente and agreements hereln con� ;_. r�r��,k..
<br /> " teined shell bind,end the rights harounder shall Inure to,the re3pective succeasors and assigno of Lender and Tnistor.All ,_j,.,_,.:...__
<br /> ' covenants and agreements of Trustor sheli be Jolnt and several.The captions end headings of the peragraphs of this Deed of ..,�:'�W
<br /> ' Trust are tor convenience only and are not to be used to interpret or deflne the provisions hereof. of an notfce � ���,;.=�--�
<br /> •• (e)Requeat tor Noticoa.The parties hereby request that a copy oi any notice of defeult hereunder and a copy y �,:._ �
<br /> � oi sale hereunder be mailed to each party to thia Deed ot Truat at tha address set(orth aEove in the manner prescribed by -Y�: ,�,-
<br /> � '�'�=_ ---
<br /> � epplfcable lew.Except for any other notice requlred under appllcable law to be given in another manner,any notice providad tor _-
<br /> (n thfs Qeed of Tmst shell be given by mailing such notice by certifled mall addressed to the other parUes, at the address set ; , .
<br /> forth above.Any notice provided for in this Deed of Tmst shall be eftective upon malling In the manner designated hsrein. If ;;;; ,,_
<br /> Trustor Is more�than one person,notice sent to the address set forth abovo shall be notice to ell such persons. _ . ' ,-
<br /> � (�Insp�ctton.Ldnder may meke or ceuse to be mede reasanable entrles upon end InspecGons of the Properly, provided '':�R,�- �
<br /> �� 4 thet Lender shall give Trustor notice prior to any such Inapectfon specifying reasonable cause theretor related to Lender's inter- �4,�,.;.
<br /> est in the Property. y � ���
<br /> � � (g)Reconveyance.Upon payment ot eli sums secured by this Deed o(Trust,Lender shall request Tructee to reconvey the ���''
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<br /> Property end shell surrender thls Deed of Truat and all notes evidencing indebtedneas secured by this Deed of Trust to ��,�;�,�,,�
<br /> ' �• Trsistea. Yrustee shail reconvey the Properiy, without warranty end wfthout charge to the person or parsons Iegaily entlUed ��
<br /> � 9hereto.Trustar ehall pay ell c�°►s of recordetlon,if any.
<br /> � (h)Parsonal Property;Security Agreemen�As additional security for the payment of the Note,Trustor hereby grents '
<br /> l.ender under the Nebraske Uniform Commercial CoCe a security interest In ell ftxtures,equipment,and other personel property
<br /> � used in wnnectlon wlth the reai esiate or improvn�iiai�t�iuuai&S tt�sraatt,and ro!athsr.�lss dec!ere�!o��BAM�d to be a part oi i__�`
<br /> • the real estate secured hereby.This Instrument shall be canstrued es a Security Agreement under said Code,and tt�e Lender ,
<br /> s shall have all the ric�hts and remedies of a secured parry under said Code in addlUon to the�ights end remedles created under M1•
<br /> �' and accorded the Lendar pursuant to this Deed of Trust; provided thet Lender's rights and remsdies under this paregreph shali
<br /> be cumuletive wilh, and in no way a Ilmitation on,Lenders rights and remedies under any other securlty agreement signed by _
<br /> Borrower or Trustor. -=
<br /> (I)Llens and Encumbrencea.Trustor hereby warrants and reprosenta that there Is no defauit under the provlsions of any � .
<br /> mortgege,deed of trust, lease or purchase contract describing all or eny part of the Prop�rty,or other contract,instrument or -
<br /> agreement consiituting e Ifen or encumbrance against all or any part oi the Property(collectively,"Liens"), existing as of the
<br /> � date of this Desd of Trust,and that eny and ail existing Lfens remaln unmodified except as disciosed to Lender In Trustors writ-
<br /> " ten disclosure of Ifens and encumbrances provided for herefn.Trustor shall timely perform ell of Trustor's obligetions,
<br /> �; covenanta,representetions and warrenUes under eny and etl existing end future Ltens, shali prompUy torward to Lender copies _
<br /> of all notices of default sent In connecUon with eny and all existing or future Llens,end ahall not without Lender's prior w�itten ���
<br />- consent in eny manner modtfy the provision�oi or aliow any future advances under any existing or future Iions.
<br /> �~'' ' Q)Appltcatlon of Paymmts.Unless otherwise required by iaw,sums paid to Lender hereunder,Including without Ilm(teUon ��''�
<br /> "�' ' ' ��� " payments of pdncipal end interest, Insurance proceeds,condemnatlon proceeds und rents end proflts, shel! be eppliEtd by
<br />-:.' '°'�""'.`K' � Lender to the amounts due and owing from Trustor and Borrower In such order as Lender in its sole dlscreUon deems deslr-
<br /> :. . • able.
<br /> ��. � „� (k)Sev�robll(ty.if any provision oi thls Doed of Trust conflicts wlth applicabie lew or Is declared tnvalid or othetwlso unen-
<br />_ � ��7�� forceable,such conilict or Invalidity shall not aflect tho other provislons of this Deed of Trust or the Note which can be given
<br />- . effect without the contlictirtg provislon,end to this end the provislons of this Oeed ot Trust and the Note ere declared to be sev-
<br />-.''� , ,; erable.
<br /> --. -*'. ' (Ij T�rms.The tertns"Trustor and"BoROwer shall Inciude both singular and plural,and when the Trustor and Borrower aro _
<br /> ��_�- • ;� the same person(s),those terms as usod In this Deed of Trust shali be interchengeable.
<br />- _ � (m)Governing Law.This Deed of Trust shall be govemed by the laws of the Stete oi Nebraska.
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<br /> � Trustor has executed lhls Deed of Tnist as of the date written above. �� r` "f�"''�-
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