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<br /> � ,y �?��lf°�ral.in ; . ;; �. _
<br /> pdndpai amount of the indebtedness secur�ed by this Qaed cf Trust,not inciuding sums adwanced to pmted the security of this Deed of �� . : � .` " �_
<br /> : Trus�exceeA ths ariglnal priacipal amount stated herein,or$ 70.0@0.00 ,whichever is gseater. '�� *
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<br /> • 16.F�I�ecitan�ous Provlstona. ,• _
<br /> (a)Borrower Not Ro:aased Extension of the tlma for payment or modification of amorbzation of the sums secured by this • . __
<br />� Oeed of 7rust granted by Lender to any sutcessor tn interest of Borrotiaer shatl not operate to release,in any manner,the tiabili- � � .
<br /> ° ry of the original Borrower and 8orrcwer's suxessors in interest Len�er shalt not ba required to oommence proceedings , -
<br /> • against such suocessor or refuse to extend Ume for payment or otY�erwise modify amort3zation o9 U�e sums secured by this , ,��
<br /> � Desd ot Trust by reason oi any demands msrSa by the original Borrower and Bartowers sucoassors in interest �
<br /> (b)Londer'a Powers.Wilhout affecting the liabitity af any other person liabte for the payment of any obtigation herein men- , . . ,, �-
<br /> ` tioned,and without affecUng the lien or charge of this Oesd of Trust upon eny portion of the Property nflt then or lheretnfore , . , - �_
<br /> relessed as secvriry for the ful!amount af ali unpaid obUgaUons.Lender may,from tima to time and v►4thout natice n releasa ,
<br /> any parson so liabts,(1�extend ths maturity or aft�r any of the tertns of any such nbligatlons,(ii�grani ofher irtdutgances,(v� . . .
<br />--- retease or reconvey. ar cavse trs be�taased ar reconveyed ai any tlme at Lenders option any parcel,part[on or all of the -_--_ _ -_- -
<br /> Property.(v)take or releass any other or add'�ional security for any obiigation herein mentianed,or(vi)make oompositlons or . ��• �=
<br /> ot?�er artangements with debtors in reiatlnn thereto. • " _
<br /> - (c)Forbearanee by Lender Not a Yltaiver.My forbearance by Lender in exerasing any nght or remedy hereunder,or oth-
<br /> erwise affotQed by appiipble isw,shali not be a waiver of or preGude the exerase of any such right or remedy.The procure- • - • • -.--
<br /> ment of insuranoe or the payment of taxes or other liens or charges by Lendar shatl not be a waiver or Lendefs right W acceter- _ ,_. _
<br /> ate the matudty oi ths indebtedness secured by this Deed of Trust '. ,:,,,ti�°'-
<br /> • (d)Saccessors and Asstgns Bound;Joint and Severa!Liability;Capttons.The covenants and agreements herein oon- �:.;u;
<br /> ; ; • tained sha11 bind,and the righis hereunder shalt inure to,the respect�ve su�ots and assigns of Lender and Tn�stor.All . -s:<"— - =_
<br /> covenanfs and agreements of Trustor shall b�joint and several The captions and headings of the paragraphs of this Deed ot `�:.f=��:"-. . ;,:•,.-:•,-:-
<br /> Trus4 are for oonvenience only and are not to be used to interpret or define the provisions hereof. , - ' ��.•
<br /> � (e)Requeat for Nottces.The parties hereby request that a copy of any noUce of dsfault hereunder and a copy of any notice -.� .<��� .���:c�:�
<br /> of saie hereunde�be mailed tn each party to this Dead of Trust at the address set farth ebove in the mann�: prascribed by �`''�'��'-�='�'°
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<br /> appiiqble law.Except for any other notice required under appi3cable Iaw to be given in another manner,any notfce pr�vfded fior -.��,:,._, . _
<br /> in this Deed of Trust shall be given by mailing such natice by certified mal addressed to the other parties,at the address set ,:_• , • _
<br /> forth abave.My notice provided for in this Oeed of Trost shail be eftective upon mailing in tha manner deslgnated herein.if �,;:.Y��- ___
<br /> Trustor is more U�an one person,notis�sent to the address se!forth above shall be notice to all such persons. . . �'' �
<br />. (�Insp�dloa Londer may make or cause W be made reasonabis entries upon and inspedions of th9 Property,provfded �Y�%�-
<br /> that Lender shail give Tnistor notice prior ta any such inspecdon specifying reasonable puse therefor related ta Lendefs inter- __ , _,__.Y•�.
<br /> �-,_
<br /> esY in the Property. ��`�-����:.r. :'f:;�
<br /> (g)Reconveyance.Upon payment of all sums secured by this Deed of Tnist,Lender shall request Tnutea to reoonvey the , ., =:�•. _
<br /> Property and shall surrender this Deed of Trust and ap notes evidencing indebtedness secured by thls Qeed of Trust W !��-.;,• .,;�, ,.
<br /> Trustee. Tnistee shall reconvey the Property,withaut warranty and without charge to the per�on or parsons legalty entlUed - t'-.
<br /> � ihereto.Trustor shalt pay ail costs of reoorda6on,if any. j�y'" ' �'i'":
<br /> (h)Peraonal Pro�rerty;Sew�iry Agreemen4.As additional security for ffie payment of the Note, Tnutor hereby grants :��,:• is.�� ,- �
<br /> �� Lender under the NebrasEcs Unifortn Commerciai Code a security interest(n ail fixtures.equipment,and ot�er personal property �L ��,�� .�•
<br /> used in connecUon wiih the real estate or improvemenb located thereon,and not otherwise declared or daeme�to 6e a part of ''��= �; .��`,.,.•
<br /> ° the real estate secured hereby.This instr�ment shail be consdved as a Security Agreement under said Code,and the Lender ;�• �'
<br /> '��.��1
<br />- shall have all the rights and remedies of a securad parly undor said Code in additton to the dghLY and remedies aeated under •��-�:-"��:.
<br /> _ .� ;.• .'
<br /> •� ,; and accorded the Lender pursuant W this Deed oi Trust provlded fhat Lenders rights and remedies under this pa2graph shaU �.��
<br /> be cumulaflve with,and in no way a iimitation on,Lenders rights and remedies under any other securiYy egreement signed by •;�,�;�
<br /> Borrower or Trustor. �''
<br /> _ (�Uens and Ensumbrancea.Trustor hereby warranis and represenb that there is no defauft under the provisions o!any _ ��� .sj�,, � §� :;
<br /> ���'• mortgage,deed of trust,lease or purchass contract describing at!or any part of the Property,or other oontrad,(nstrumerrt or "- �t �
<br /> ` agr�ement consUtutlng a Iien or encumbrance against a{I or any peR ot the Property(oollectivety,'Uens�,existing as oi ffie � i-.:
<br /> date oi thls Deed of Trust,and that any end ali existing Uens remain unmodifted except as disGosed to Lender U Trustars writ "��J�
<br /> � ten disclosure of liens and ertcumbrances providad for here(n.?rustor shall timely perform ail of Trustofs obligations, � �°•
<br /> oavenants,representatlons and wartanties under any and all e�sdng and future Uens.shatl pmmpUy forward to Lender oopies --_�_"'-
<br /> • of all notices oi dafauit sent in connection with any and all existing or future Liens,and shall not without Lender s prior written '.. ���r•�
<br /> consent tn any manner modify the provisions of or allow any future edvances under any exisUng or future Oens. ��' ".,::__•��
<br /> ' �)AppllcaUon of PaymerKs.Unler,s otherwlse required by law,sums paid to Lender hereunder,inc{uding without IimitaUon V=- -
<br /> • payments of pdncipal and interest,insurance proceeds.condemnaUon proceeds and renis and profits,shali be epplled Oy :���.j
<br /> •� Lender W the amounis due an d o w ing f r om Tru s t or an d B orrower in such order as Lender in its sole disaetFon deems des(r- _--_��•;-.�
<br /> - abla. -- - -_-_
<br /> • (k)Ssv�nbll(t�►.it any pravision oi this Deed ot Trus4 eonflicta with app}icable law or Is dedared tnvalld or othervvlse urten- -- -- --
<br /> • . forceabte,such conflict or invalidity shail not affect the other provisions oi this Deed ot Trust or the Note whicb can be gtven =
<br /> effect without the canfllcting provislon,and to this end the provisions ot this Deed oi Trust ard ihe Note are declared tn be sev- - ---
<br /> � erabie. ---�---=� .,.
<br /> (I)Terms.The tertns'7rustof and°Borrower shall Inctude both singuiar and plural,and when the Trustor and Borrower ace �
<br /> ' the same person(s),those tertns as used in thfs Deed of Trust st�all be Interchangeabte. ��,���
<br /> (m)Goveming Lsw.This Deed oi Trust shall be govemed by fhe laws oi the State of Nobraska. _ �- �---
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<br /> � Trustor has executod t�is Deed ot Trust as ot tre date written aDove.
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<br /> � r y reenan . 1 e Trustor Trustor �, �
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