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� ' N ''" � r � DEED OF TRUST 2 012 0 4 8 7 7 <br />Loan No: 101253832 (Continued) Page 8 <br />of Trust and any other security now or hereafter held by Lender or Trustee in auch order end manner as they or <br />either of them mey in their ebsolute discretion determine. No remedy conferred upon or reserved to Trustee or <br />Lender, is intended to be exclusive of any other remedy in this Deed of Trust or by lew provided or permitted, but <br />each shall be cumulative and ehell be in addition to every other remedy given in this Deed of Trust or now or <br />hereafter existing at lew or in equity or by stetute. Every power or remedy given by the Note or any of the Releted <br />Documents to Trustee or Lender or to which either of them may be otherwiae entitled, may be exerciaed, <br />concurrently or independently, from time to time end ea often as may be deemed expedient by Trustee or Lender, <br />end either of them may pursue inconsistent remediea. Nothing in this Deed of Trust shall be construed as <br />prohibiting Lender from seeking a deflciency judgment ageinst the Trustor to the extent such ection is permitted by <br />lew. Election by Lender to pursue any remedy shall not exclude pursuit of eny other remedy, end en election to <br />make expenditures or to take action to perform an obUgatton of Trustor under this Deed of Trust, efter Trustor's <br />feilure to perform, shall not affect Lender's right to declere a default and exercise its remedies. <br />Request for Nottce. Trustor, on behalf of Trustor end Lender, hereby requests that e copy of any Notice of Default <br />and e copy of any Notice of Sale under this Deed of Trust be mailed to them at the addresses set forth in the first <br />peragreph of this Deed of Trust. <br />Attorneys' Fees; F�cpenses. If Lender institutea any auit or ection to enforce eny of the terms of this Deed of <br />Trust, Lender shell be entitled to recover such sum es the court may adjudge reasonable as attorneys' fees et trial <br />and upon any appeal. Whether or not any court action is involved, and to the extent not prohibited by law, all <br />reasonable expenses Lender incurs that in Lender's opinion are necessery at any time for the protection of its <br />interest or the enforcement of its rights shall become e part of the Indebtednesa payable on demend end shall bear <br />interest at the Note rate from the date of the expenditure until repaid. F�cpenses covered by this paragraph include, <br />without limitation, however subject to any limits under epplicable law, Lender's ettorneys' fees and Lender's legal <br />expenses, whether or not there is a lawsuit, including attorneys' fees end expenses for bankruptcy proceedings <br />(including efforts to modify or vacete any eutomatic stay or injunctian), appeals, end any entfcipeted post-judgment <br />collection services, the cost of searching records, obteining title reports (including foreclosure reports), aurveyors' <br />reports, end appraisal fees, title insurance, and fees for the Trustee, to the extent permitted by appliceble lew. <br />Trustor elso will pay eny court costs, in addition to sll other sums provided by law. <br />Rights of Trustee. Trustee shell have ell of the rights and duties of Lender as set forth in this section. <br />POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions relating to the powers and obligations of Trustee <br />are pert of this Deed of Trust: <br />Powers of Trustee. In eddition to all powers of Trustee erising as a matter of lew, Trustee shali have the power to <br />take the following actions with respect to the Property upon the written request of Lender and Trustor: (a) join in <br />preparing end filing a map or plat of the Real Property, including the dedication of streets or other rights to the <br />public; (b) join in granting eny easement or creating any restriction on the Real Property; and (c) join in any <br />subordination or other agreement effecting this Deed of Trust or the intereat of Lender under thls Deed of Trust. <br />Trustee. Trustee shall meet ell qualifications required for Trustee under eppUcable law. In eddition to the rights <br />and remedies set forth above, with respect to all or any part of the Property, the Trustee shell heve the right to <br />foreclose by notice end sele, and Lender shall have the right to foreclose by judicial foreclosure, in either case in <br />accordence with and to the full extent provided by applicable law. <br />Successor Trustee. Lender, at Lender's option, may from time to time appoint a successor Trustee to any Trustee <br />appointed under this Deed of Trust by an instrument executed and acknowledged by Lender and recorded in the <br />office of the recorder of HALL County, State of Nebraska. The instrument shell contain, in addition to all other <br />matters required by state law, the names of the original Lender, Trustee, end Trustor, the book and pege (or <br />computer system reference) where this Deed of Truat is recorded, and the neme end address of the successor <br />trustee, end the instrument ahall be executed and acknowledged by all the beneficiariea under this Deed of Trust or <br />their successors in interest. The succesaor trustee, without conveyance of the Property, shall succeed to all the <br />title, powe�, and duties conferred upon the Trustee in this Deed of Trust and by appiiceble law. This procedure for <br />substitution of Trustee shall govern to the exclusion of all other provisions for substitution. <br />NOTICES. Any notice required to be given under this Deed of Trust, including without limitetion any notice of default <br />and eny notice of sale shall be given in writing, and shall be effective when actually delivered, when actually received <br />by telefacaimile (unless otherwise required by law), when deposited with a netionally recognized overnight courier, or, if <br />mailed, when deposited in the United States meil, as first cless, certitied or registered mail postege prepeid, directed to <br />the addresses shown near the beginning of this Deed of Trust. All copies of notices of foreclosure from the holder of <br />any lien which has priority over this Deed of Trust shall be sent to Lender's eddress, as shown near the beginning of <br />this Deed of Trust. Any party mey chenge its address for notices under thla Deed of Trust by giving formel written <br />notice to the other perties, specifying that the purpoae of the notice fs to chenge the perty's address. For notice <br />purposes, Trustor agrees to keep Lender informed at all times of Trustor's current addresa. Unless otherwise provided <br />or required by law, if there is more than one Trustor, any notice given by Lender to eny Trustor is deemed to be notice <br />given to etl Trustors. <br />MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of thls Deed of Trust: <br />AmendmeMs. This Deed of Trust, together with eny Related Documents, constitutes the entire understending end <br />agreement of the parties as to the matters set forth in this Deed of Trusi. No elteration of or amendment to this <br />