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<br /> �. � . Pr(r►cipal amount of the indeb�edr►ess secured by thts Deed oi Tntst.not in�uding sums advanced to protect fhe securily of this Oeed of , ��- :
<br />- . -�` . 7nist.exoeed the odginaf Ptint�pal amount staLed herein.or S 55.000.00 _.whid��sver is greater. ,.
<br /> . , `. 16.�fftseeifaneous Provistons. -.� �; ° ,,
<br /> ,• : `:.`°�,.� (a)Bo�wer Not Relaa�ed.E�ensioa of Uee Ume for payment or modfication of amortiratton of the sums secured by this�
<br /> " • Deed�Tn�st granted by Lender Lo arry sucoessar In irtterast of 8ortower shaSl not operate to retsase.In any maMer.the Gab�C-� � . ��s�F��:.;=..:,`.
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<br /> . . ty of the originai Borrower and Borravrer's suecessors in interest Lender shait not be requiret!to wmmenoe pruoaedings � �.:�. :.:
<br /> �.._:`• • against s�h successor or reNse tn ext�d time for payment or estherwise modiiy amorti�tion of the sums secured by thi.s �,�'.. .
<br /> 4� ` , Qeed ai Trust by reason ot any demands made E y t he orig i n a l B o r r o w e r a n d B o r r a w e r s s u c a e s s o r s in interest
<br /> .: N)Lender's PotiYers.W'stfiout affecting the Ilability of any othe►person liabte for the payment of any ob6gatinn her8in m� •,,� '
<br /> • ' tioned,and without affecting fhe Gen or charga of tfiis Deed af Tnist upon any portian af the Property►not then or thereLafo `�(�; ::;..
<br /> "' reieased as security for the fuil amount ot att unpaid obligadons,Lender may,from time to tlme and wiMout noHos(7�eteas �..�,.._
<br /> .' � .��'' , any person so I"iabie.(i�extend the maturity or alter any of the tenns of any such obligations.(tii)grant other indulgenoes.fiv . . � _.
<br /> �z�:, release or recomrey.or cause to be oeteased or reconveyed at any time at Lenders optian arry paraei.Partion or aU ot Ih .� .� ,�
<br /> _- -_ _ _ p=operiy,(v)taks ar release any other or ad�7ional securily for any abligation herein mentiuned,or(vi�make oompositions o� _
<br /> ` other artangemenb with dabto�s in retation ther+eto. , � ,
<br /> � ' ' (c)Forbearance by I.ender Not a Waiver.My forbea[anoe by Lender in exercisln9 anY dSht or remeQy hereunder,or oth- ,�;.' �
<br /> ' ' � . erwtse afforded by eppticabte lawr,sha11 not ba e.aahrer oi or preGude the exercise oS any such right ar�emedy.The proaue• � ,
<br /> � � ment ot insurance or the payment ot taxes or other tiens or charges by Lender shall nai be a waiver or LenQe�s dght w aceeles
<br /> • . ':- ate Me mehuityt of the Inde�drt�ss seated by Ws Oeed af Tntst S: .`
<br /> . ' ,� � �.: . (�Successors and Asstgns Bound;Jolrt e��3evaral Uabiltty;Ca�tions.The covenanis and agreements herein con- � �.�_ . ; ,_ :
<br /> tained sheli bind,and the ri�Gs Aeteunder shali inure to,ihe respective successo►s and assign�oi Lender and Trus�ot.Ali . �-t
<br /> ` ' oovenants a n 6 agreertten t a o t T r u a t o r s h a l t b e j o i n t e n d s e v e r a 1.Th e ca atlons and headin gs of the paragraPns of this Deed o! , , :;�:,-'_
<br /> � � ` � � Trust are br oonvenlence onry and are not to be uzed W irrterpret or define the provistons hereof. '' ` ` ,_,._
<br /> � ' (e)Request ior Noticos.fie pafies hereby request that a oopy of any r�otice of default hereunder and a capy of any notice •'.`�r _ ...:;;
<br /> of sate Aoteunder be maile�to each party to Ws Oeed of T�st at the address set forth ebove in the mannsr presaibed by �.:.,,, ---_
<br /> " appiicabte law.ExceAt for any other noUce raqulre8 under appiiqbte law to be given in another manner,arry noUce pravided for • . i�_:
<br /> � ' in this Oeed ot Trust shall Oa g►ven by maii"mg such notioe by cer'6�ied maD addresse�to the other parUes.at the aQdress set
<br /> ` � torth above.Any notive Drovided for in thts Oeed of Ttust shall ba eftective upon mailing in tha manner des(gnaDed herein. (t :. _
<br /> � � Trtutor is mors than one person,noUce sent W the address set tarth above sha11 be notica to atl such persnns. •`. '���!� ._
<br /> , . (�Ins�eetton.Lender neay make or cause to be made reasonable entries upon end inspectians oi tl►e Pmperty.Provided . �
<br />_ _ that Lender sha11 giva Tcustnr notiae pdor to any such fnspecflon specifying reasonab[e quse therefor retated tn lenders inter- � _ `-
<br /> -- , ���� � est in ths Property.
<br /> �� ' "" (g)Reconveyance.Upon payment of al!suma secured by t�is Deed of Trus�Lender shalt request TnisLee Oo rewnveY the ti,; �
<br /> •. � �',�_,.
<br /> :�- •,�:�.�_ � Property and shall surrender this Deed of 7rust and atl notes evidencing Indebtedness secured by this Oeed af Trust tn � •-°+�=_-
<br /> .r. z�.
<br /> Tnistee.TrusOee shall reoonvey the Praperty,without warranry and without charge to the person or persuns legalty entitled •: �.r;_
<br /> • t �..'� • ti�ereto.Tnisror shall pay a0 costs at reoocdatlon,if any. -.- `,` k��'-`"``
<br />=- . � , . (h)Persorral PrapeKy: Securlt�f AgreemenL As add'dianal security for 1he payment oi the Note.Tnutor hereby giants '_:_'��;_
<br /> Lender under the Nebraska Unifortn Commerdal Code a securicy int+erest in a{i finWres.equipmeni,and uther personal prcpstty -����
<br /> � used tn connecHon with tho reai estate or impmvements laeated thereon,and not othenHise dedared or deemed to Oe a part oi �� �•�=_
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<br /> the real estate secured hecaeby.This Instrument shall be construed as a Security Agreement under sald Code,and the Lender _— e
<br /> � � :I�; shall have all the dghts artd remedies of a sacured paRy under said Code in addidon to fhe dghts aed remedies cdeated under ,
<br />" and accarded the Lender pu�suant to this Dead of Trus�provided that Lenders�tghb and remedies under Ws paragraph sha0 r . -
<br /> . : be cumuiative with.and in no way a fimitatlon on,Lendets�ights and remedies under any other security agreement signed by .__
<br /> � Bomower as TnisWr. �-a-
<br /> � � (i)Lters and Encumbrdnces.Tnistor hareby warrants and represents that there Is no default under the provisions of any �-Y::,,��
<br /> moRgage.�ed of trust,tease or purehase contract desaibing all or arty paR of U�e PropaRy.or other c�ntract,insbumeM ar ' w�:.
<br /> .. ' ' agraemertit constituUng a lien or encumbrance against alt or any part oi the Property{coltecVvety,'Uens',exisKing as of L`.z .: .'�,
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<br /> ��- �•� --�� - � date oi this Deed of Tnist,and that any and aI1 extsUng Uens remaln unmadifled except aa disdoseA W Lender in Trustofs wr+'t- ' r�
<br /> � . � ;. ten disciosure of lfens anQ encumbrances provided for herein.Trustor shail timely pertorm atl of Trusto�s obffigations, R�_
<br /> .;• covenar�ts.representaUons and waman�es under any aaid ail e�dsting and future Uens,shatl prompUy forward to Lender cop�es �:
<br /> oi all notc�s oi default sent In conne�an with any and all existing or future Liens,and shatl not without LenQers prior wr�......r� ' � '':,_;:'��''�"�
<br /> � � ' consenf in any manner modi�the pro�rsions of or aitow any future advances under any existing or future liens. �. ::.��-�-;;.
<br /> � �'.�� Q)Appitca4�on o9 Pay�ents.Untess othervulse required by law,sums paid to Lender hereunder,indu�ng wlthout Hmita�n .�-a`
<br /> � L^e�nmder t�the amounts due�and owing f�om Trusto a d�Borrower(n�such arder as Lender nits soe discce�an deemsid bt - -
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<br />' . • " - (k)Severab{Iiry.it any pmvision of this Oeed ot Trust conflicts with applicabta Iavi or Is aedared(nvattd ar Qthenxlse uReR- ; : : ,��,--
<br /> � toroeabte,such oonflict oc invalidiry shatl not aftect the other provisions of this Oeed o1 Trust or the Note whicA can be giz.�n _
<br /> • ' �� • � . , eflect wffhout the conflicUng provision.and to this end the provisions oi this Deed of Trust and the Note are deGared to be sev- ' ' _ -
<br /> erable. ..
<br /> � �� . � � p)Terms.The terma`TrusWf and'Borrower"shali Inctude both singutar and pturat,an9 when the Trustor and 6orrower are , .
<br /> � the same person(s),those tertns as used in this Deed o!Tnut shaU be interchangeaDle. - •;1;.=•�:�T
<br /> ; � (m)Goveming tav1.This Deed oi Trust shall be govamed by tt�e laws oi tt�a State oi Nebraska. ;
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<br /> . � . T�ustor has execute�thl�Deed of Trust as of the date wdUen above.
<br /> � �' " .�� . �/.�.� � � �: ��.:
<br /> ' . � (GALE L. NIL! Trustor S OR . Trustor :
<br /> '� � � Trustor Trustor • - .
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