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<br /> princlpnl omount of tho Indobtodnuse eocuroA by thls Doed ot T�ust,not Inctud�np ouma adv�ncad to protact tha aocurfty o1 thlo Duod ol
<br /> Tnjat,o�c�od tho orlpinal princip�l timount alo�od haroln,or$�0�000.00 _ ,whlcl�ovor l0 4rant�r. _
<br /> tt3.Mlscollwn�ouo Provlelonr.
<br /> (e)�otrowef Not Relse�od. Extonolon o1 tho IImF�(or p�ymonl or modlficr�tlon o(nmortlzatlon of tho numa aocurod by thls �
<br /> Dood of Trust grantod by Lendor to any euccassor In Interest of Horrower shall nol oporate to rolouso,In f�ny mflnnor,Iho Ilnblll- ;�
<br /> ly of the orlginal Borrower and Borrowor's succaoeors In Intorest. Lender ahall not bo requlrod to comrnonco procoedings �,
<br /> agelnst such successor or refuse to oxtond Ume for payment or otherwlso madify amortizotlon of tho sums secured by thls �
<br /> Deed of Trust by reeson of any demands mede by the orlglnel Borrower end Borrowers successoro In fnterest.
<br /> (b)Londor'e Powers.Without aHecting the Ileblllty of eny other por�on Ilable for the payment of any obllgatlor�herein mon-
<br /> Uoned,and without affecUng lhe lien or charge of thts Dcad of Trust upon any portion oi the Prop�rty not then or theretofora
<br /> released es security for the full amount of all unpald obligatlons, Lender may, from time to time and without notice (f)release
<br /> any person so Iiable,(II)extend the maturity or alter any of the terms of any such obligatlons,(Ili)grant other Indutgences,(Iv)
<br /> ,` release or reconvey,or causa to be released or reconveyed at any time et Lenders optlon any parcel, portlon or ell of the
<br /> Propertyr,(v)take or release eny other or additional security for any obligetion herein mentloned,or(vl) make wmpositions or
<br /> other arrangements with debtors In relation thereto.
<br /> (c)Forbea�ance by Londer Not a Waiver.Any forbearance by Lender in exercising any right ar remody hereunder,or oth-
<br /> erwise afforded by applicable lew,shali not be a walver of or preclude the exercise of any such r�ght or remedy.The procure- ,
<br /> ment oi insurance or the payment of taxes or other Ilens or cherges by Lender shall not be e walver or Lenders right to acceler-
<br /> ate the maturity of the indebtedness secured by thls Deed of Trust
<br /> (d)Succesaors and Asalgns Bound;Joint and Soveral Llebllity;Captions.The covenants and aflreements herein con-
<br /> tained shall bind,end the rlghts hereunder shall Inure to, the respective successors and ass(gns of Lender and Trustor.All F�.���,
<br /> covenants and agreements o(Trustor shall be Jolnt and several.The captlons end headings of the peragrephs oi thia Deed of -- -.
<br /> Trust are for conveniance only and are not to be used to interpret or deflne the provisions hereof. _ ; ._, ,,;,___
<br /> (e)Request for Notices.The parties hereby request that a copy of any notice of default hereunder and a copy of any notice ,����.- _Wi
<br /> af sale hereunder he mailed to each �arty to this Deed of Trust at the address set forth above in the mannar prescribad by _
<br /> j applicable law.Except for any other notice required under applicable law to be ghren in another manner,any notice provideci for n��-� -_
<br /> in this Deed oi Trust shall be given by mailing such notice by cerUfied mail addressed to the other parties,at the address set � �
<br /> forth above. Any notice provlded for in this Deed of 7rust shail be effective upon malling In the manner designated hereln. If ��=�•��"' +-•
<br /> Trustor is more than one person,noUce sent to the address set forth above shall be notice to all such persons. � .i;��
<br /> ' , (f�Inspection.Lender may meke or cause to be made reasoneble entrles upon end InspecUons of the Property,provlded _r���' ,
<br /> that Lender shall give Trustor notice prlor to any such lnspection specifying reasoneble cause therefor related to Lenders inter- •"''f��;,�:��,�_
<br /> �...
<br /> est in the Properly. —
<br /> (g)Reconveyanco.Upon payment of all sums secured by this Deed of Trust,Lender shail request Trustee to rewnvey the ,
<br /> •� � Properly and shall surrender thls Deed of 7rust and all notes evldencing indebtedness secured by this Deed of Trust to ,
<br /> ' Trustee.Trustee shall reconvey the Pro�erty,without warranty and wlthout charge to the person or persons Iegally enUUed '+
<br /> thereto.Trustor shall pay all costs of recordatlon,if eny. � *•' _
<br /> •� � (h) °ersonal Property;Security Agreement.As additlonal security tor the payment of the Note, Trustor hereby grants �• ,
<br /> r .' Lender under the Nebraska Unfform Commerclal Code a secudty interost in all flxtures,equipment,and other personal property �'•-r':�
<br /> � used in connection with the real estate or Improvements iocafeci�hereon,nnci �iui oii'�or�iss�sclar�r!ar�Mma!!o�s a�art^! _
<br /> x the real estate secured hereby. This instrument shell be construed as a Secudty Agreement under said Code,and the Lender
<br /> ' �. shall have ell the rights and remedlos of a secu�ed party under said Code in addition to tha rights and remedies areated under ,
<br /> � and accorded the Lender pursuant to thls Deed of Trust;provided thet Lenders dghts and remedies undar this paragraph shall ,
<br /> be cumuietive with,and In no way a Ilmltatlon on,Lender's rights and remedies under any other security agreement signed by '',) . :
<br /> • „ � Borrower or Trustor. �.j � '
<br /> (i)Liens and Encumbrtnces.Trustor hereby warrants and represents that there fs no default under the provisions of eny
<br /> � moRgage,deed of trust,lease or purchese contract describing all or any part ot the Property,or other oontract,fnstrumont or '�
<br /> 4 agreement wnstituUng a Ilen or encumbrance against ell or any par4 ot the Propertyr(collectively,'Llens"),exlsGng as of the �
<br /> , ^ date of thls Deed oi Trust,and that eny ond all exlsting Liens romaln unmodlfled except as disclosed to Lender In Trustors writ•
<br /> � ten dlsclosure oi tlens end encumbrences provlded for herein.Trustor shell timely perform all of TrustoPs obiigations,
<br /> f covenants,reprecentetlons and warrantles under eny and all existing end future Liens,shall promptiy forward to Lender wples
<br /> of atl notices of deteult sent In connectlon with eny and ell exleting or future Llens,end shall not without Lender'a pdor wdtten - _
<br /> consent In eny mannor modlty the provisiona ot or allow any future edvances under eny exlsting or future�lens. _r�=-
<br /> ,; Q)Appilcation of Paymenb.Unlass otherwise required by law,sums pald to Lender hereunder,Inctuding without Iimitstlon __— —
<br /> payments of princfpal end Interest, Insurance proceeds, condemnaUan proceeds end rents and proflte, shall be applled by __
<br /> Lender to the emounts due end owing from Trustor end Borcower in such order as Lender in its sole discretion deems desir- �
<br /> able.
<br /> (k)S�v�robllity.If any provision oi this Dead of Trust conflicts with epplicable law or ts dedared Invalid or otherwise unen-
<br /> forceable,such confllct or Invalldfty shall net ettect the other provisions oi thls Doed ot Trust or the Note whlch can be Aiven _�__.
<br /> �� , effect without the conflicting provisfon,and to this end the provfslons of this Deed oi Trust and tha Note aro declared to be sev- �---�-
<br /> ' � erable. ����•
<br />- � ;,. (I}Terms.The 4em►s"Trusto�'and"Borrower shell Include both singular and piurel,and when the Trustor and Burrower ere
<br /> � Rf.��.
<br />� the same person(s),those torms es used in this Deed of Trust shall be Interchangeabla. �4iT.��
<br /> (m)Govnmtng Law.Thls Deed of Tnast shell be govemed by the laws of the State of Nebreska. .,. �; ,
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<br /> � Trustor ha�ecuted thfs Deed of Trust as oi the date writton above. � � ..
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<br /> - v n accw ar Trustor e as C.' er TRlstor
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<br /> _ Trustor Trustor � "
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