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20120197� <br />powers as the court making the appointments confers. Grantor hereby irrevocably consents to such appointment <br />and waives notice of any application therefor. <br />NO WAIVER No delay or failure of Lender to exercise any right, remedy, power or pr�vilege hereunder shall <br />affect that right, remedy, power or privilege nor shall any single or partial exercise thereof preclude the exetcise of <br />any right, remedy, power or privilege. No Lender delay or failure to demand strict adherence to the terms of this <br />Security Instrument shall be deemed to constitute a course of conduct inconsistent with Lender's right at any time, <br />before or after an event of default, to demand sirict adherence to the terms of this Security Instrument and the <br />Related Documents. <br />SUBSTITUTE TRUSTEE. Lender, at its option, may from time to time remove Trustee and appoint � successor <br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security <br />Instntment is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, <br />power and duties conferred upon Trustee herein and by applicable law. <br />JOINT AND SEVERAL LIABILITY. If tMs Security Instrument should be signed by more ttuw one person, all <br />persons executing this Security Instrument agree that they shall be jointly and severally bound, where �ermitted by <br />law. <br />SURVIVAL. Lender's rights in this Security Instrument will continue in its successors and assigns. This Security <br />Instrument is binding on all heirs, executors, administrators, assigns and successors of Grantor. <br />NOTICES AND WAIVER.OF NOTICE. Unless otherwise required by applicable law, any notice or demand <br />given by I.ender to any party is considered effective when it is deposited in the United States Mail with the <br />appropriate postage. A copy of any notice shall be mailed to each parly at the address of the parly given at the <br />beginning of this Security Insmiment unless an altemative address has been provided to Lender in writing. To the <br />extent pernutted by law, Grantor waives notice of Lender's acceptance of this Security Instrument, defenses basecl <br />on suretyship, any defense arising from any elecrion by Lender under the United States Banla�uptcy Code, Uniform <br />Commercial Code, as enacted in the state where Lender is located or other applicable law or in equity, demaud, <br />notice of acceleration, notice of nonpaytnent, presentment, protest, notice of dishonor and any other notice. <br />REQUEST FOR NOTICES: Grantor requests that copies of the notice of default and notice of sale be sent to the <br />address of each party given at the beginning of the Security Instnunent. <br />TO THE EXTENT PERMITTED BY LAW, GRANTOR WAIVES ANY RIGHT TO NOTICE, OTHE�t <br />THAN THE NOTICE PROVIDED ABQVE, AND WAIV�S ANY �tIG$'� TU ANY #IEARING, <br />JUDICIAL OR OTHERWISE, PRIOR '�'Q LENDER EXE�tCISING ITS RIGHTS UNDER '�HI5 <br />SECURITY INSTRUMENT. <br />WAIVER OF APPRAISEMENT RIGHTS. Grantor waives all appraisement rights relating to the Property to <br />the extent permitted by law. <br />LENDER'S EXPENSES. Grantor agrees to pay all expenses incurred by Lender in connection with enforcement <br />of its rights under the Indebtedness, this Security Instrument or in the event Lender is made parly to any litigation <br />because of the existence of the Indebtedness or this Security Instrument, as well as court costs, collection charges <br />and reasonable attorneys' fees and disbursements. <br />ASSIGNABILITY. Lender may assign or otherwise transfer this Security Instrument or any of Lender's rights <br />under this Security Instrument without notice to Grantor. Grantor may not assign this Security Instrument or any <br />part of the Security Instrument without the express written consent of L,ender. <br />GOVERNING LAW. This Security Instrument will be governei� by the l�ws of the State of Nebraslca including <br />all proceedings arising from this Security Instrument. <br />SEVERABILITY. If a co�rt of competent jurisdiction determines any term or provision of this Security <br />Tnsirument is invalid or prohibited by applicable law, that term or provision will be ineffective to the extent <br />required. Any term or provision that has been deternuned to be invalid or prohibited will be severed from the rest <br />of the Security Instrument without invalidating the remainder of either the affected provision or this Security <br />Instrument. <br />WAIVER OF JLTItY TRIAL. All parties to this Security Inst�ument hereby $nowipgly and vol�ntt�r�ly <br />waive, to the fullest extent permitted by laW, any right to trial by jury of any d�spute, Whethe#� ip cont�'ack, <br />tort, or otherWise, arising out of, in connection with, related to, or incidental to �he rel�tionship established <br />between them in this Security Instrument or any other instrument, document o� agreemen�t lezecute�l p� <br />delivered in connection with this Security Instrument o� the related transactions: <br />ENTIRE AGREEMENT OF THE PARTIES. This agreement, including all agreements refetTed to o� <br />incorporated into this agreement, constitutes the entire agreement between the parties rel&ting to the subject mattex <br />of this agreement. This agreement supersedes all prior oral or written agreements, committnents a#�c� <br />understandings between the parties relating to the subject matter of this agreement and cannot be cha,nged or <br />terminated orally, and shall be deemed effective as of the date noted above. <br />C9 2004-2011 Compliance Systems, inc. COF0.0BBl - 2010L1.15.441 <br />Commercial Real Fstate Security Instrument - DL4007 Page 4 of 5 www.compliancesystems.00m <br />