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$i(f7��304
<br /> D��D O� TR[�ST
<br /> Loan M1[o:�1QU1024 (COt3'kitttl�d) Page 6
<br /> and�pon any appeel. Whether or not any court actian is involved,and ta the exterrt nof prohi6ited by law, a[I
<br /> reaso�able expenses �ender incurs that in Lender's opinian are neeessary at any t�me 1�nr the protectian of its
<br /> interesC or the enforcement of its rights shall became a part of the IndebTedness payable on demand and shall bear
<br /> interest at the Note rate frnm the date af the expentliture until repaid. Expenses covered by this paragraph inc[ude,
<br /> vvithout Iimitaiion,h€rwever subject to any limits under aRP����ble law,Lender`s attorneys'fees and Lender's legal
<br /> expenses, whether or not thBre is a[awsuit,including attorneys'fees antl expenses for bankruptcy proceedings
<br /> tfncluding efiforts ta modiiy or vacate any automatic stay or injunctionl,appeals,and any anticipated post-judgment
<br /> coltectian services,the cosY of searC�ring records,o6taining title reportg(including forecPosure reports},surveyors'
<br /> reparts, aad appraisal fees,ticle insurance,and fees far the Trustee,to the extent permitted by appl�cable law.
<br /> Trttstor also wit3 pay any cnurt costs,in additi0n to al[other sums pravidad by law. -
<br /> Rights af Tr�stee. 7rustee sha[I have all o€the rights and duties af Lender as set forth in this sectton.
<br /> Pf3WER5 ANb�BLIGATIONS OF TRUSTEE. The following proVisions raleting Yo Yhe pnwers antl a[�ligattons o�Trustee
<br /> are part of ihis Deed of 7rust�:
<br /> Powers of hustee. In additian to all pawers of T�`ustee arising as a matter of laur,Trusiee shail have the powet to
<br /> take the fQP[owing acY3ons wi[h respect to the Property upan�the wtitten request of Lender and Trustar. (a)join in
<br /> preparing and fi3ing a map nr pfet nf the Reei Proper[y,inGuding the dedication of streets or other righis to the
<br /> pub]ic; (6}ja�n in granting ar�y easement or ereating any resfricCion on the Real Property; and (C) jOEn in any
<br /> subordinatinn or orY,er agreement afEecting tAis L7eed of Trust or the interest of Lender under this Deed af Trust.
<br /> Ttgstee. Trustee shall meet ali qualifications required for Trustee under apR��cable iaw. In addition o the rights
<br /> and remedies set forth above,with respect Yn ail or any part of the Properry,the Trustee shall h�he right to
<br /> foreclose by notioe anrJ sale,and Ler�der shall have the rigE�t 4o foreclose by judicial foreclosu in ei er case in
<br /> accorda�ce with arcd to the full exYent provlded 0y appi3catile law.
<br /> Suceessar Tra�stee. Lencter,aT Lender"s optican,may from time to time appoint a success is.ee to any Ttustee
<br /> appointed under this�eed of Trust hy an instrument execvted and acknowEedged by�r and recnrded in the
<br /> office c+f the recorder of FIALL C�unty,State Qf Nebras[c8. The instrument shall c i in addition to ail other
<br /> maitets required by state law, the names of the origina€ Lender, -frustee, an�r�j r, the book and page (or
<br /> computer system referertce) whera thls Deed of Trust is recarded, and the R e d address of tMa successor
<br /> trustee,and the instrument shall be executed and acknowledged b�a[[the berlefic ies under Yhis�eed of Trust or
<br /> thelr svccessors in i�terest. The successor trustee,without conveyance fi the Property,shaN succeed to all the
<br /> title,power,and duties conferred uprin ttte Tr�stee in this�eed of Trust�by appfica6le law. This pracedure Eor
<br /> su6stituTian bf Teustee shall govem ta the exCluSion bf aJl oYher pro fo substitvt[on.
<br /> NC)TIC�S. Any notice requ€red to be given under this Deed of Trust,incl�g wiThout 1�imitatian any notiee oi default
<br /> and any notice of safe shall be g€ve�.n in writing,and shali tre effec e v�rhen aciva[[y delivered,when ecCually receiv�d
<br /> by te[efacsimiEe(unless oYh�rwise requlred t�y]awj,when d�eposiY h a nationally recognized overnight courier,or,if
<br /> malled,when deposited'm tfie United StstaS rn�il,aS fir5t clas� ied or registered mail postage prepaid,di[ected ta
<br /> the addresses shown ne�r the beginntng ofi this Deed of T� copies of notices of foreclosure f€om ths holder of
<br /> any lien which has priotity bver this E3eed o#TrusY sF�hti t to Lender's address,as shown near the Fseglnning of
<br /> tNis Deed of Trust. Any party may change its actdre,q�fo ofices under this Deed af Trust by giving fQrmaf writ[en
<br /> notice co the other parties, specitying that the p se�fi the natice is to change the party`s address. For notice
<br /> p�rpnses,Trusxor egrees Yo keep�ender inform t 1 times of Trustor's current address. U.nless otherwise provided
<br /> ar required by law,if there is mo€e than one�t o,any notice given 6y Lender to any TruStor is deeR'ned to bB nptiCe
<br /> given to alt TrasYars.
<br /> MISCELLANE4lt5 PROVISI�NS. The f wing miscellaneous prov€sions are a Aart of 4his Deed of Trust:
<br /> Amendments. "fhis Dead of Tr ther vdith any t?eCated tlacuments,eonstitvtes the entire undarstaniling and
<br /> agreement af the partles as td�atters set forth in 2hfs Deed of Trust. No alteraYinn of nr arr7endment ta this
<br /> C7ead of 7rust shal!be effe�`; less given in writing and signed l�y the parry or par[ies sought to be charged or
<br /> bound by the a[teraiion ]ioI[dment.
<br /> Annual Reparts. I��roperty is used fnr purposes other than Trustor's residence, Trusior sfiaEP furnish to
<br /> Lender, upon re � t, certrfied stafement Of nBt Op8r8Ying incnttte recaiv�d from Yhe Property during Trustor's
<br /> preuious fisaal ar such form and detai(as Lender shall require. "Net operating income"shal[mean all cash
<br /> receipts iro perky[ess all cash expenditures made in eonneetion wtth the operation nf the Pwoperey.
<br /> CapYia s. Capti�n headings in this Deed of Trust�are for convenienee purposes only and are r�ot to ba
<br /> vsed t t pret ar defiine the provisions o€Yhis Deed of Trust.
<br /> lUle:ger. There shall be no merger of ihe interest or estate created by this Deed of Trust with any ather interesY nr
<br /> estate in the Property at any time held by or for ths benefiii of Lender in any capaciry,without ihe wfitten consent
<br /> nf Lender.
<br /> t`aoverning Ca'uv. This Dxed erf Trust will be gover�ed by federel Caw appCiaable to Lender and,ta the extert not
<br /> presmpted by federal[aw,the laws of the State of Nebraska withovt regard to its conflicts of law provisions. This
<br /> Tleed of Trust has been accepted hy Lender in fhe Stace nf Nebraska.
<br /> Choice ef Venue, 3f there is a laws�it,Trustor agrees upon Lender's raquest to sutimit to the jurisdiction of the
<br /> courYs of Hall�o�nty,StaYe of NebrasKa.
<br /> No Waiver by Lender. Le�der shall noT be de2med to have waived a�y rights under thts Deed of Tr�st unless such
<br /> waiver Ps given in writing and signed by Lender. �lo delay or amission on the part of Lender in exerclsing any right
<br /> shall operate as a Uvaiver of such right or arty other rigE�t. A wefver 6y Lender of a provision of this Deed ofi Trust
<br /> shall nnt ptejudice or cc7nstitute a waivec of Lender's right ottierwise t� demand strici comp[iance with that
<br /> provision or ar€y other pravisi�n of this Deed of Trust. No prior waiver by Lender, nor any course of deaEing
<br /> between Lsndar and 7rusYnr,shall eonStitute a waiver of any of Lender's tights or of any of Trustor's o6ligaYians
<br /> as to any future transactions. Whenevet the consent of Lender is required�nder this�eed of Trust,the granYing
<br /> nf Such consent by Lender in any irts#a7�ce sha€I not constitute Contir€uing canse€�t to subsequeni instances where
<br /> such cansent is required and in all cases such consent may 6e granted or withhe]d in the sole discretioh of Lender.
<br /> Severability. If a court ofi campetenY jurisdiction finds any prdvision af this Deed of Trust to be illeg8t>inv�lid,oe
<br /> unentncceable as to any circ�mstance, ihac finding shall riot ma[ce the offeriding provision illegal, invalid, or
<br /> unenforceabEe as to any otEier circumsfartC�. Ef fea5il�Ee,the offending provision sha11 be con5idered modif'[ed so
<br /> that it becomes legal, valid and enforceahte. If the offending provision cannot be so modified, it shall be
<br /> considered de[eted from this D88d Of TrusY. Un[ess otherw'rse required by law, the illegaliYy, invalidity, or �
<br /> unenforceabtlity of any prbvision of ihis�eed ot?tusx shall not affeat the IegaliYy,va[E�Yy or enforceability of any
<br /> other provision of tNis DeBd of TrvsC,
<br /> Successors and Assigns. 5ubject to any limitations stated i�this�eed of Trust on transfer af Trustor's intersst,
<br /> Lhis�eed of Trust sha(I be binding upon and inure tn the beneflt oi'Yhe parCies;their successors and assigns. If
<br /> ownership af the 1'roperty becomes vested in a person ofher than Trustor,Lender,without notice ta Trustor,may
<br /> deal with Trustor`s successors with referenee ta thi5 Deed nF Trust and ihe Indebteriness by way of forbearance or
<br /> extension without releasing Trustor from the obligations of this�sed ofi Trust ar liability under the Pndebtedness.
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