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<br />201205859
<br />statements rnade in it. If Lender chooses to invoke the power of sale, Lender or Trustee will provide notice of sale
<br />pursuant to applicable law. Any such sale or a sale made pursuant to a judgment or.a decree for the foreclosure
<br />hereof may, at the option of Lender, be made en masse. The commencement of proceedings to foreclose this
<br />Security Instrument in any manner authorized by law shall be deemed as exercise of the above option.
<br />Upon the occurrence of an Event of Default, Lender shall immediately be entitled to make application for and
<br />obtain the appointment of a receiver for the Property and of the earnings, income, issue and profits of it, with the
<br />powers as the court making the appointments confers. Grantor hereby irrevocably consents to such appoinCment
<br />and waives notice of any application therefor.
<br />NO WAIVER. No delay or failure of Lender to exercise any right, remedy, power or privilege hereunder shall
<br />affect that right, remedy, power or privilege nor shall any single or partial exercise thereof preclude the exercise 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 sha11 be deemed to constitute a course of conduct inconsisteut with Lender's right at any tune,
<br />before or after an event of default, to demand strict adherence to the terms of this Security Instrument and the
<br />Related 1�ocuments.
<br />SUBSTITU7CE TRUSTEE. Lender, at its option, may from time to time remove Tru,stee and appoint a successor
<br />trustee to any Trustee appointed hereunder by an instrunient recorded in the county in which this Security
<br />Inst�vment is recorded. Without conveyance of die Property, the successor trustee shall succeed to all the title,
<br />power and duties conFen�ed upon Trustee herein and by applicable law.
<br />JOINT �D SEVERAL LTABiLITY. If this Security Inshument should be signed by more than one person, a11
<br />persons executing this Security Instrument agree that they shall be jointly and severally bound, where pernutted by
<br />law.
<br />SU1tVIVAL. Lender's rights in tlus Security Tnstrument 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 1�TOTICE. Unless otherwise requirad by applicable law, any notice or demand
<br />given by Lender to any party is considered effective: (i) when it is deposited in the United States Mail with the
<br />appropriate postage; (ii) when it is sent via electronic rnail; (iii) when it is sent via facsimile; (iv) when it is
<br />deposited with a nationally recognized ovenugl�t courier service; (v) on the day of personal delivery; or (vi) any
<br />other conunerciaily reasonable means. A copy of any notice shall be sent to each party at the address of the party
<br />given at the beginning of this Security Instrument unless an alternative address has been provided to Lender in
<br />writing. To the extent permitted by law, Grantor waives uotice of Lender's acceptance of this Security Instrument,
<br />defenses based on suretyship, any defense arising from any election by Lender under the United States Bankruptcy
<br />Code, Uniforni Commercial Code, as enacted in the state where Lender is located or other applicable law or in
<br />equity, demand, notice of acceleration, notice of nonpayment, presentment, protest, notice of dishonor and any
<br />other notice.
<br />REQUEST FOIt 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 Instrument.
<br />TO THE EXTENT PERMITTED �Y LAW, GRANTOlt WAIVES ANY RIGHT TO NOTICE, OTHER
<br />THAN �'HE NOTICE P�iOVIDED ABOV�, ANl) �'VAIVES ANI' RIGI�T TO t1NY HEAItING,
<br />JUDTCIAL OI3 OTHERWISE, P�dIOIt �'O Y.ENlDEi3 EXERCdSING ITS RIGFITS �TNDER THIS
<br />SIECUIdITY INSTRUlVI�NT.
<br />WA�VER OF AP'PRAISEIVI�NT giIG�ITS. Grantor waives aIl appraisement rights relating to the Property to
<br />the extent permitted by law.
<br />LENDER'S �XPEN3ES. Grantor agrees to pay all expenses incurred by Lender in connection with enforcement
<br />of its rights under the Indebteduess, this Security Inshument or in the event L,ender is made party to any litigation
<br />because of the existence of the Inde6tedness or this Security Instrument, as well as court costs, collection charges
<br />and reasonabte attorneys' fees and disbursements.
<br />ASSIGNABILITY. Lender may assigtt or otherwise transfer this Security Tnstrument 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 Lender.
<br />GO�ERNYNG LAV6'. This Security Instrument will be govzrned by the laws of the State of Nebraska including
<br />all proceedings arising frorn this Security dnstrument.
<br />SEVERABILI'�'Y. If a court of competent jurisdictiou determines any term or provision of this Security
<br />Instrument is invalid or prohibited by applicable law, that term or provision will be ineffective to the extent
<br />required. Arly tenn or provision that has been detarmined 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 />Iustrument.
<br />WAIV�R OF JURY TRIAL. All par�ies to this Securidy Instru�ent hereby knowingly and voluntarily
<br />waive, to the feallest extent peranitted by law, any right to trflal by jury of any cdfspute, whether in contract,
<br />tort, or otlierwise, arising out of, in connection witln, �related to, or incidental to ti�e relationship established
<br />between tliem in this Security In�trument or any other instrument, document or agreement executed or
<br />del6vered in commnection with this Security �nstrument or t�Le relatec9 transactions
<br />ENTIRE AGREEIVi]ENT OF THE PARTIES. This agreement, including all agreements referred to or
<br />incorporated into this agreement, constitutes the entire agreement between the parties relating to the subject matter
<br />U�' 2004-201 I Comptiauce Systuns, [nc. CDBD-FS69 - 2011 L2.0.475
<br />Convnerciel Real Estate Securiry Instrument - DL4007 Pa�e 4 of 5 www.complieneesystems.com
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