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201204305
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Last modified
6/5/2012 4:40:49 PM
Creation date
5/31/2012 8:56:15 AM
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DEEDS
Inst Number
201204305
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201204305 <br />covering any of the Property conveyed by this Deed of Trust which security <br />� instruments shall be additional security for Trustor's faithful performance of all of <br />the terms, covenants and conditions of this Deed of Trust, the Note and Indebtedness <br />secured hereby, and any other security instruments executed in connection with the <br />indebtedness secured bi this Deed of Trust; and all such instruments shall be filed and <br />recorded at Trustor s expense; (b) Beneficiary may, from time to time, by written <br />instrument executed and acknowledged by Beneficiary, mailed to Trustor and <br />recorded in the county or counties in which the Property is located and by otherwise <br />complying with the provisions of the applicable laws of the State of Nebraska, <br />substitute a successor or successors to the Trustee named herein or acting <br />hereunder; (c) although the Trustee, or Trustees successor or successors, may be an <br />agent of, or attorney for, or otherwise connected with the Beneficiary, such fact shall <br />not be construed to disqualify Trustee to act as such Trustee, nor shall such fact <br />prevent the Trustee or Beneficiary from bidding at a sale and buying any part or all of <br />the Property at any sale hereunder; (d) that if it should be necessary or appropriate <br />for the protection of the security hereby conveyed or enforcement of the debt hereby <br />secured, for the trustee or the Beneficiary to institute or become a party to any <br />proceeding or suit in a court of bankruptcy or probate or other court of general or <br />limited jurisdiction, all expenses and costs properly incurred by said Trustee or said <br />Beneficiary (including reasonable attorneys fees) paid or incurred by such Trustee or <br />Beneficiary in maintaining, prosecuting or defending such proceeding or protecting <br />their respective rights hereunder shall be an additional debt secured by this Deed of <br />Trust in like manner with the principal debt herein described; (e) Beneficiary, or its <br />agents, representatives or workmen are authorized to enter at any reasonable time <br />upon or in any part of the Property for the purpose of inspecting the same and for the <br />purpose of performing any of the acts it is authorized to perform under the terms of <br />this Deed of Trust; (f� any forbearance by Beneficiary or Trustee in exercising any <br />right or remedy hereunder, or otherwise afforded by applicable law, shall not be a <br />waiver of or preclude the exercise of any such right or remedy hereunder; similarly, <br />the waiver by Beneficiary or Trustee of any default of Trustor under this Deed of <br />Trust shall not be deemed a waiver of any other or similar defaults subsequently <br />occurring (g) extension of the time for payment or modification or amortization of <br />the sums secured by this Deed of Trust granted by Beneficiary to any successor in <br />interest of Trustor shall not operate to release, in any manner the liabilty of the <br />original Trustor and Trustor's successor in interes� Beneficiary shall not be required <br />to commence proceedings against such successor or refuse to extend the time for <br />payment or otherwise modify amortization of the sums and indebtedness secured by <br />this Deed of Trust by reason of any demand made by the original Trustor and <br />Trustor' s successors in interest; (h) without affecting the liability of the Trustor or <br />any other person liable for the payment of the obligations and indebtedness secured <br />
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