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<br /> ' ,`;� :., Prin,dpa!smount otthe indebtedness secured by this Deed oi Trust.not induding sums advaaoed to protecx the securl4Y ot this Deed ot . . :`
<br /> �_M ,whtchever is gr�eatet.
<br /> � � Tas�t.e�u;aeQ�the originat principai amount stated herein.or S�,2*35 . - :_ ,
<br /> ' ' 16.f tlsceltan�aus Provistana t or madifiratIon o!amortizatlon ot the sums seared bY tl�is <t�� '
<br /> ' (a)Borrowes Nat tteteased-Excension ct the time for paym$n ��'z
<br /> . � Deed of 7rust granted dy Lendes to any suc�essor 9n U►teres3 of Bortawer shalt not operate ta retease,in any manner.the Ua�Ui- �.-,:`,< .
<br /> � , ty of the odgtnai Bormwer and Borrowers suc�essors in 8 terest.��mod�ify emortlmUo�the sums seix��bY�� _ � •
<br /> � ' against sud►successor or retuse to extend dme tot D� ,. •��: .;�•
<br /> €�� � ' ' ' Deed of Trust by reason of any demands made Dy the atiginal Bomower end Bnrtowers suocess i�ian ob� n herein men- °'} .� , • .
<br /> ;,`:` ```. (b)Leade�s Powera.W�thout affecting the IiahTity ot amt other person Ilabte for the paym Y 9� ,
<br /> { .. �`, tIoned.and without aflec�ng the Uen or charge cf this Deed of Trust uyon any PoRion of the Pmperly not then or theret�fore .
<br /> � ..".`.�.� � reteased as security for tY�e futl amoant of ail unpaid abpgatiflns.Lender may.from time to tlme and withther indulgenoes.�) --
<br /> `:, : ' r-:�` �Y Person so ilabts.Gij extend the maturity or a(ter any of the terms oi any such a6figations.(�m a�l,portion or all of the "� ' .
<br /> °,_ %.�::�:a- ` � re[ease or[econvay.or cause to be teleased or reconvayed at any time ai LendePs opttfln any D
<br /> �`__ `_ _ p�,oyerty,(vy taice or reiease any other or additionai security for any ob6gatlon herein mentlor►ed.or(vi)make campositIons or _ •-< `
<br /> `�`� �, other arrangemertts wlth detrmrs ia retffiton theret�. ..
<br /> ' � • , � {` (c)Forbearartea bf/�n dsr t�l o t a W a i v e r.M y f o r b e a r a n o e b y l e n d e r i n e x e R a s in g an y r i gM or remedy hereurtder,or oth-
<br /> , 'ti� erwise affartted bY ePPfx�bte law.shall not be a waiver of or prectude the exetcise oi eny such dght or remedy.The procure- _. S _
<br /> ;,4 � , a, .4 `-�-� cnent af insurance or the payment of taxes or other Ilens or charges by Lender shall not de�waiver or Lendels d g ht tn acceter- +'., t�
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<br /> :: ... . •, . aie the maUuitY of the indebtedness secured by this Deed ot Tnist ..,. 3:.... .
<br />���' : ° (�Successors artd Assigns Boand.Jofnt and Ssvera!Liabiitty:Ca uttc�or�s a�nd a�g�of Le�er end T�usior NI . :;
<br /> � �r-. ; tained shall bmd.and the dgMs hereimder sfiall inure to.the � , hs offhis Oeed of , .. �'',� -.
<br /> F � ons end headin af the para9�P ,; r
<br /> � � . caverrants and agreements of Tn�tur shatl bs johrt and severaL The caph 9s
<br /> " , � •, z� �. Tnut are far wmrenience onty and are not tn be used to interpret or of an otice of dafa t hereunQer and a copy of anY noUce � .,�',..., �
<br /> t (8)QiBfNBSt f0!HOtIC@S.The p3R'leS hBBby fBquest G18t 9 COPY !/ �'�.,.r�'
<br /> - - • of sate hereunder be maUed ta each partY tc fh�s�eed of Tnist at tt►e address set forth abo��e in the manner presaibed bY ;'
<br />�r 4 ' - ap�cable law.Except for any other notice required under appi'u�bie taw W be given fn artothsr manner,airy notice Provlded f°r
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<br /> in this Deed of Trust shall Be given by rtraSl'u�g such noUce by cer6fted mai�addressed to the other parties.at the address set �:.�
<br /> � forth apove,gny notice provided for i»this Deed of Tn�st shall be effectfve upon mailing in the manner deslgnated herein.tf —
<br /> Trustor is more than one person.notice sent to the address sei forth above shail ba nottce to all such persons- �vided ,� =_
<br /> � , . (�tnspectton.Lender may make or cause tn be made reasonable errtrfes upon and inspections o!the PropeRY.P . �'=
<br /> _f' , �'� � that Lender strafi giva Trustor nofsce pdor to any su c h inspe d i an sp e c i t y r i n g re a s onabts cause therafor retated to Lenders ir�ter- �`.,�_
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<br />_�'.-:... . - . est in the Property. ..
<br /> . . • (g)Reconveyance.Upon payment of ail sums secured by this Deed of Trusi.Lender sha11 request Trastee W recorney the .s��`.'''.�:-'-
<br /> .� � Property and shail surrender this Deed of Trust and atl notes evtdenang indebtedness secured by this OeeO of e�� �=
<br /> .,�,,,.__.
<br /> ':�.,.� Trustee.Trustee shatl reconvey the PropeRf►.without warraMlf and witbout d�ar8e to the petson or petsons tegaUy --�:___
<br /> • thereto.l'rustor sha(I PaY aU wsts of rec�rdat3on.Ff any. � , �_
<br /> rec
<br /> (h)Personal Property:Secclflty Agreement As addidonal securily far the payment of the Note,Tn�star here8y Stanb � ,,,�_ .
<br /> �� LenQer under the Nebraska Unifortn Cam m e r c ia l C o de a s e c u�i t y i n t e r e s t i n a i t fl x G rt e s.e q ui pme n t,and other personai proAeth► '1Y. .��_
<br /> - used in connectlon with ths real estate or improvements located thereon.and not oth�ise Eue�8�idQ��d the Lpe der £ a-
<br /> ::s . •. ' . , the resi estate sacured hereby.This instrument sh81{be consttued as a Secudty AQ -�
<br /> ` st�ail have sil the�ights and remedies of a secured Path►unQer said Code in addi�on to the dghts and remedies created unCsr .`� •,-�
<br /> ;�_� � and acaobed trte Lersder pursuant W this Qesd of Tnisk p�vided that Lenders dghts and remedtes under this paraSraph sha�1 0,., _ _
<br /> b e c u m u i a t i ve with,and in no way a limitafton on,l.ende�s dghts and remedies under any other security agreemeM stgned by ___
<br /> ' ' �= Borrower or Trustor.
<br /> (�Uens and Encumbrancss.�rustor hereby warrants and represents that there is no default under the provisions of arry : �:r�`. .
<br /> , ' ' ' moRgage,deed of t�ust,lease or putchase conbact describing all or any part of the Property.or other contract,instrument or :,t,_
<br /> '' , ' . agreement constiLiting a lisn or encumbrance against aU cr any paR of the Property(coliscUvety,'Liens�.exisUng as of fhe
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<br /> date of this Oeed of Trust.and that any and att existing Liens remain unmodifled except as disctose0 to Lender in Trustots wn't
<br /> ��?,i � � ` � ten dlsctosure of Uens and encumbrances pcovided tor l�erein. TNStor shall timety perform a0 of Tn�sta�s obligaUons. . ;,..:
<br /> � " ' . • ' covenants,representations and warranties under any and all existing and future Uens.shall prompfly ion�vard tn Lender copies • �
<br /> `' � ot afl notices ot defauit sent in connectlon with any anA all exisUng or future Uens,and shaA not without Lender's pflor written ; ' ��%•f',
<br /> � � consent in any manner modify the provislons of oraitow any future advanoos unasr any eXisUng orfutute liens• •���F;.
<br /> � . . (j)Apptication of Paymenta.Untess otherwise requ(red by law.sums paid to Lender hereunder,inGuding wiU�ouf limitation ;__
<br /> ' paymenb of principat and interest,insurance proceeds,condemnaUon proceeds and rents and profits,shall be applied by ;�._
<br /> lenQer ta the amounts due and ow(ng from Tnutor and Borrower in such orQer as Lender tn its sote discreUon desms desir- _
<br /> , ' . abia. : "°`
<br /> -' � � • (k)SeverabFtity.li any proviston oT this DeeC of Trust conflicts with applicabta taw or ts deciared invaiid or othervuisa uneo- ,;.��-
<br /> . • . . forceab itho h confl cting proivis�ion,and w this end tl�e ptovislonsjoi thts Deed ot Trust and the Note are decla d to be s v� . '. •
<br /> , , eHect w „
<br /> � erabte.
<br /> � (I)Terms.The terms"Tn�.smr and°Bortowef shail include both singutar and pturai,aad when the Trustor and Borrower are
<br /> � � the same pe�son(s),t��ose terms as used in this Oeed oi Trust shail be interchangeabte. ,
<br /> � . . (m)Goveming Law.This Oeed oi Trust shatl be govemed by the laws of the State ot Nebraska. .
<br /> ' ' . Trustor has executed this Deed of Trust as of the date written above.
<br /> . . :� • ' � �
<br /> � ' ' . � �' (��P!/� 1 A'�^l-�i71,)Lfl.iLO - .
<br /> • � c A. MeConnell TNStor Patric�a A. McCornell 'rrustor
<br /> ' � � Trustor 7rustnr
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