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<br /> , pdncipal amount of the indebtedness secured by this Daed of Trust,not induding sums advanced to protect the security of this Desd ot . , . � �
<br /> Trust,exces�the original pdnapal amount stated herein,or$ 100 Q00 00 ,vrhichever is greater. .
<br /> 16.M1aeeAsnaoas Provistona. .r `���
<br /> � (a)Bo�ower[Vo!Relsaasd.Extension ol the dme for payment or madification of amorti�UOn of tria sums secured bY this . ;f� "
<br /> Oead oi Trust granted by Lender to any succossor(n interest of Borrower sha11 not operate ta reiease,in any manner,the Oabili- , � • .
<br /> ty of:.`e original Borrower and Borrowers suc.�essors in interest. Lender shall not De required to commence proceedings . , � :
<br /> _ ' �gainst such successor w refuse to extend time for Payment or otherwise anodify amordzation of the sums secured by thls , _ ,�._.
<br /> " Deed of Tnut by reason oi any demands made by the oflgmal Borrotivar ano aorrov�ar'is aui�ssa�3r►i�tsra�L . -. � -___
<br /> (b)LendePs Power�.Without affocting the IlabiUry of any other pe�san Iiab!s for ihe paymenf of any obligation herein men- . , , .
<br /> ' tlaned,and without affecting the lien or charga of this Qeed ot Trust upon any portlan of the PropeRy not then ar fheretofore . , . ,_ -
<br /> released as securiry for the fuil amoun4 oi all unpaid obligattons,Lender may,irom tlme to time and without notice(i)retease - ,
<br /> any person so liable.(f�extend the rnaturity or alter arty oi the terms of any such obiigations,(iii)grant other indulgences,(iv) , .
<br /> - reiease or reconvey,or cause to be releasad or reconveyed at any tlma at Lender's option any parcel, por6on or all ot the • . _ ; .t a^
<br /> - Property.(v)take or selease ar►y oUter ar addiUanai security for anY ob!'spation herein mentioned,or(vi)make compositions or __,,___ __ _
<br /> other arrangements wiih debtors in retation therefo. • � � -
<br /> (c)Forbearartce by Lender Nat a YJaiver.Any forbsarance by Lertder in exercising any right or remedy hereunder,or oth- •- '.;v,
<br /> erwise afforded by applicabte law,shall nat be a waiver of or predude the exercise ot any such right or romedy.The procure- � _
<br /> '.`x ment of insurance or the payment of taxes or other liens or d�arges by Lender shall noi be a waiver or Lendars right to acoeter- , ' __
<br /> ' ate the matudty of tha indebtednesa sscured by this Deed of Trust ��-- �:�: •,^
<br /> � (d)Suceessois and rAasigna Bound;Joi�t and Several Uablpfy;Captlons.The covanants and agreements herein can- _:; -.-
<br /> �"' fained shatl bind,and the rights hereunder shati inure to,the respedh+a successors and asstgns of Lender and Trustor.All `'�';
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<br /> coverrants and agraements oi Trustnr shall be joint and sevara�The captians and headngs of the paragraphs of this Qeed of �µ�==-.:r-___
<br /> Trust are for convenience on(y and are not to be used to interpret or define the provisions hereof. , �;�'°°--
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<br /> ' (e)Request for NoUces.The parties hereby request that a oopy of any notice of detault hereunder and a copy of any notice �'�:�-T=�____,
<br /> of sale hereunder be mailed to each party to this Deed of Trust at ihe address sat forth above in the manner prescribed by ��=���"-`�""
<br /> appHcable law.Except for any other notice requ3red under applipble Ia�rv to be gnren in another manner,any notice provided for �_•:� '�___,�
<br /> � in this Deed of Tnist shall be given by mailing such notice by oertified mail addressed to the other par4ies,at ths address set -,�,;�j��;
<br /> . forth above.My noUce provided for in this Deed of Trust shall be efredfve upon maiiing in the manner designated herein.if ; • {`�"�`�++��-�.
<br /> �• TrusWr is more than one person,notice sent to the address set forth a6ove shall be notice to all such persons. _ � �`�_=�==- -..�
<br /> (fl fnspeetion.Lender may make or cause to be made reasonabla enbies upon and inspections of the Property,provtdad ' `•'��
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<br /> � that Lender shali give Tnistor notice ptior to any sucb fnspectlon specifjling reasanabte cause therefor related to Lender's inter- , `
<br /> est in ihe Property. --�--�- -�- ' ;.--.-�_.•._
<br /> (g)Reconveyance.Upon payment of all sums secured by this Deed of Trust,Lender sha11 request Trustee to rewnvey the � E.
<br /> Praperty and shail suRender this Deed of Trust and all notas evidenang indebtadness secured by thls Deed of Tnat to • � �'.;�_ -:::_:
<br /> Trustee.Trustee shall recenvey the Property,withoui wramdnry and without charga ta the person or persons legaily en�tted - .�- . �-;. '.
<br /> ` thereto.Tnistor shatl pay a!1 costs of recordatlon,if any. ' `�•
<br /> additional secu for the ent of the Note,Trustor hereby grants .' � �• -
<br /> -- (h)Personal Property;Secudty Agreemeni As rit5► DaYm
<br /> Lender under the Nebraska Uniform Commercial Cade a secur(ty interest in all flxtures,equipment,and other personal ptoperly - - •� i..- ��
<br /> . used in connecUon with the real estate ar improvemants lacated thereon,and not otherwise dedared or deemed to be a part of
<br /> the real estate secured hereby.This instrument shati be cortstrued as a Securiry Agreement under said Cude,and the Lender , �`'�' '°
<br /> shall have all the rights and remedies of a secured paRy undsr said Code tn addidon to the dghts and remedies created under "�
<br /> • arM ar.�orded the Lender pursuant w thls Deed of Tnis�providsd that Lender's rights and remadles under ihis paragraph shall :� .,-= =' ' • �-
<br /> be cumulaUve with.and in no way a Iimitation on,Lenders righls and remedies under any other securiry agre9ment signed by � �' '„�� � '"`'
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<br /> � Borrower or TnisWr. !
<br /> (i�Ltens aad Encumbranee3.Trustor hereby warrants and represents that there is no detauit under the provisions of any �.� �' -
<br /> morigage,deed of trust,Iease or purchase contract describing ali or any part of the Property,or other con�act,instrument or �� : °°
<br /> agreemant constiWUn a lien or encumbrance a ainst all or a rt of tha Pro e coltectiva Liens',existln as of the L' �
<br /> g 9 �Y Pa p rtY( ►Y•. � 9 ,, , . .
<br /> • date of this Deed of TrusK,and that any and atl existing Lfens rema"sn unmodi�ed except as disctosed to Lender In Tnrstora wtit- ��_, �� :--
<br /> ten disciosure oi Ilens and encumbrances provided for herein. Trustor shail timely perform ail of Tn�stor's obligaUons, ,., ,_;.
<br /> � , cuvenanb,representations and warrandes under any and ali existing and future Uens,shall promptly forward W Lender ooples •�; ��-•
<br />•� ��t of ali notioes oi defauit sent in connedIon with any and all exlsUng or tuture Uens,and shalt not without Lenders pdor written ��� -
<br /> ' consent in any manner modify the provisians of or ailow any future advances undsr any existlng or future liens. _ "=�' . �
<br /> •�. � Q)Applicatton o!Paymenffi.Unfess otherwise requ(red by law,sums paid to Lender hereunder,including without IimiTaUon ��,; .`� • _
<br /> payments oi prinGpal and interest, insurance pmceeds,condemnaUon proceeds and rents and profits,shali 6e applied by - -- --_-
<br /> . Lender to the amounts due and owing from TrusWr and Borrovrer in such oMer as Lender in its sole discreUon deems desir- _
<br /> ' :.`� abte. �';
<br /> ' , {k)Saverabilfty.If any provlsion of this Daed ot Trust confitcts w(th appiipble law or is declared invalid or othenyise unen- _
<br />� - } torceabFe,such ooMiict or InvalWity shaA not affiect the other provisions of this Oeed ot Trust or the Note whfch can be given _ ��rn- -
<br /> • '� effect withaut the conflicting p�ovision,and to this end the provlslons of this Deed oi Trust and the Note are�ectared tn be sev- _ __
<br /> . . 1 erabie.
<br /> (I)4erms.'TP�e terms'Trustor and'Borrowar shall inciude both singutar and plural,and when the Trustor and Borr�wer are ���' " , "`'�
<br /> the same petson{s),those terms as used in this Deed oiTruat shall be interchangeable. �J
<br /> (m)Goveming Lauv.This Oeed ot Trust shaii be govemed by 4he laws ot tha State oi Nebraska. "�*?`�'�"`. �" .
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<br /> . Trustor has executed this Oeed ot Trust as of the date written abova. '. �������� �
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<br /> � (Laurte K. Sindt) Trustor Jerald K. indt) Trustor . ', ,,
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