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<br /> � [�gq�yy�lltot Reteased,Extension of the tikte fat pt',Ime�.or mod�cation of the sums secured by this Oeed of Trust granted . .^: •. ,` ,
<br /> . by Lender to any successsr in interest of Borrower shaU not operate to release.in any manner.the Ga6ility of the odgina!Bortower ,_ :.
<br /> . - • ` and Bortowe�s successars tn u�terest.Lender ahsli not be�eWired to commence proceedings against sveh suecessor or rafuse to . .o,._ ..;..�,u:.
<br /> � extend fime for payment ar otRervvise modify amorthatton of the sums secured by this Oeed of Trust by reason of any demands • ": t Y,.•_
<br /> i � � ` made hY the odgInat Bonawer and 8orrowera successors tn interest. , ��..`�<� r
<br /> (p)Lendafs Pawasa:lN'rthout affecting the liabiGtY of any othet person Iiabie for tha R�eM of any obGgation herein mentioned. ,;.�. r
<br /> � :` and wiMout aFfecting the ilen at char8e of this Deed of Ttust upon any Ao�o�of tiie RoDe�R►not then or th�cotore reteased as .
<br /> securitY for the fu1F emourrt ot all uaPald obtgations,Lender may,from time to time and withoat notiee G!release any person so ,
<br /> lia6fe,ifi1 extend the maturitY or atter any of the terms of ai►y sucb a6Ggations,(iii)9rart athe►indutgences,('rvl celeese or teconveY. ;
<br /> ot eause to(oe reteased or rewnveyed at any time at Lender's option any Dar�•Po�on or e!1 of the P�roperty,(v}take or retease�lr . . _
<br /> . . - othet additional security for any obiigation herein merttiorted,or (vi)make compositions o►other arrangements wiUa debtors in , �: _ _
<br /> _ relatioa thereto. ' -- ,.
<br /> � ' (�)Forpearance by L.eader Not e Walver.Any forbearance by Lendet in exetcisin9 anV nSht�<<��hetetmder,or otherwise
<br /> � �� aftprded by apprcabie taw,shail not be a waiver of or preetude tAe exercise of any such right or remedY•Tt►e Procurement ot F r�. •, ��.
<br /> insurance or the payment of taxes or other liens or charges b1l�d���� not be a uvaiver of Lender's right te aeceterate tfie _ :.:`� :
<br /> • maturity of the indebtadness secuted by this Deed of Trust. ••
<br /> • � ' (d?Suecessors eed AssiSns B°und:Jolnt anA Several Uabi�ty%CeAtI°c�s'•The�°venants and agreements herein contained shall , ,..�-'c`�:- _
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<br /> • bind, and the riShts hereunder shaii inure to,the respective successors and assigns of Lende�of this Deed'Q T� f a •�,4:.,:Y ''�.--n
<br /> ' a g r e e m e n t s of Tastai sfiaU be joint and several:The capttons and headings of tt►e pataSraP ,{`4 J��`l�i_
<br /> - - convenience onty and are not to 6e used to irtiterp r e t o r d e fl n e t h e p ro4�o�o��of defautt hereunder and e copy of any noSce o f �� �-
<br /> • (eT Requr�st ior Natices.The parties hereby request that a coOY �Y >:�`�•r.��
<br /> sate heraunder be mailed to eacA partl►to this Oeed of Trust at tfie addresa set foRh above in the manner presen�bed by appUcab�e ;�; .-_
<br /> law.Exeepi fo�anV other notice re9uired under app!'icable Iaw to be given in another manner,anY notice provided for in this Deed of `;�`;. ,, �:;-_ _
<br /> Trusc shali he given by mailing such notice by csrtified ma7 addressed to the other parties,at the address set forth above. MY •�•r_, •- .----.-
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<br /> noace prouided for in this Oeed of Trust sha116e effective upon mailing in the manner designated herein.ff Trustor is more than one � {
<br /> person,notiee sectt to the addsess set forth above shaU be notice to all such persons. ,;.�'�^..---:-_ __
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<br /> ' �� ' �fl tnspecNan.Lender may make or cause to ba made reasonable eatries upon and inspectlons of the PropertY.Ptovided that r,—,--•.,,�=.i,
<br /> Lender shaft give Trustor notice prlor to anY such inspection speciflring reasonabte causa therefor related io Lender's interest in the ; �� ; __
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<br /> - . � ' . property. -
<br /> � ' '' -_ (g)Reeonvayanee. Upon payment of al! sums secured by this Feed af Trust, �ender shall ceqaest Tntstee to reeonpey the �—
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<br /> RopenY and shail surrende�this Deed of Trust and ail notes evidencing indebtedness secured by tfiis Deed of Tnnst to Trustee. � ���<•��
<br /> ��• Trustea shatl reconvey the PropertY���Wa�nty and without charge to the person or persons(egallV entitted thereto.Ttustor rJ._'•+. ,�•
<br />' shall pay ail wsts ot recordetion,if any. . ;:'����-:�,�-'_
<br /> � ' (h)personal Property:Seeurfq/ASteement.As additional security for the paymeM of the Note,7rustor hereby grants Lender under _,
<br /> � �� • � the Nebraska Uniform Commercial Cade a security interest in aIl ftxWres,equfpment,and other personal proparty used'm connectlon , ��_
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<br />___.` ,. � , wfth the reai estate or improvements located thereon,and not othetwise deciared or deemed ta be a paR ot ths reai estate secured ��',
<br /> - - ��� '- � hereby.This 9nstrument shaii he consttued ao n SecumY Aflreement under said Code,and the Lender shail have ell tha rights and 4 _
<br /> ' remedies of e secured party under said Code in addition to the rights and remedies created under and accorded the Lender pursuant �t
<br /> to this Aeed of Trusc: prouided that Lendera rights and remadies under this paragraph shail be cumutative wRb,and in no way a , . _�_—
<br /> limitation on,Lenders►ights and remedies under any other securitY agreement signed bV BoROwer or Ttustor. =�_�_-•—__
<br /> � G7 Uens and Enwmbrancea. Trustor hereby warrarsts and represents that there is no defautt under the D�a��s�ns of any _—
<br />' � mortgage, deed of trust,lease or purchase contract describing ali or any part of ths Property, or athet contract, instrument ar '��
<br /> agreement constituting a lien or encumbrance against all or any part of the PraPertY (ca0ective."Liens9,existing as of the date of `;_,�r�-�'
<br /> this Deed of Trust, and that any and all existing Uens ramain unmodified eYCept as disclosed to Lender in Trusto�s writteh ; �
<br /> ' ' disctosure of iiens and encumbrances Provided fot herein. Trustar shall timely pertortn ell of TruBtors oDligadons, covenants, �
<br /> � ' � - representations and wananties under anY and all existing and tuture liens,shatl promptty forv�erd to lender copies of all�oticee ot • •' :;�:
<br /> dafauft sent in connection witb any and atl existing or fuLUre Uens, and shail not wftfiout LendePs prior written consent In any t �`'
<br /> mannar madity the provlsions of or altow anV future advances under anV existing or tuture Liens. ; • _
<br /> � � �j)qpppcatfon o1 Fayments. Uniess otherwise required by law, sums paid to Lender hereunder, induding witt�out Iimitallon ;,I�, -_
<br /> . payments of prinGpal and interest,insura�ce proceeds,condemnation proceeds and rents and profrts,shail be applied DY Lender to � �:�^
<br /> the amounta due end owing from Trustor and boROwer in such order es Lender in its sota di&crerion deems desirabie. .,`-
<br /> . .. . � � � . (K) Severabl6tY• �f anY P�ovision of this Dee ffect t e ot er pto isions ofthis De'ed of Trust otlthe Notenwhich can be givien .., .4•��
<br /> unenforceable,sucb confGct or invaliditY shall not a • =�=
<br /> � � eNect withaut the confiicting provision, and to this end the provistons of this Deed of Trust and the Note are dec1ate0 to be ,�t,,:
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<br /> . ' � sevetab(e. '
<br /> ' (p Tem�s.The terms'Trustor"and"Borrower'shall include both singutar and plural,and when the Trustor and Borrowei ere the
<br /> same persantsl,those terms as used in this Oeed of Trust shatl be interchangeabte. •
<br />--��:� � (m1 Qovemtng law-This Ueed ot Trust shail be govemed by the Iaws of the State of Nebraska. .
<br /> , � . Trustor has executed this Oeed of Trust as ot the date written above.�� s,�spom's�•s�+ssocu�ri nzc � .
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<br />' ' . . T(UStOf J. C. HRADHORD, JR.. P IDENT TfU9tOf , . � . •� -
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