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201209559 <br /> DEED OF TRUST <br /> Loan No: 1�004676 (Continued) Page 6 <br /> Reghts of Trustee. Trustee shall have all of ihe rights and duties of Lender as set fortF in this section. <br /> POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions relating to the powers and obligations of Trustee <br /> are part of this Deed of Trust: <br /> Powers of Trustee. In addition to all powers of Trustee arising as a matter of law,Trustee shall 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 and filing a map or plat of the Real Property, including the dedication of streets or other rights to the <br /> public; (b)joi� in granting any easement or creating any restriction on the Reai Property; and (c) join in any <br /> subordination or other agreement affecting this Deed of Trust or the interest of Lender under this�eed of Trust. <br /> Trustee. Trustee shall meet all qualifications required;or Trustee under applicable law. In addition to the rights <br /> and remedies set forth above,with respect to all or any part of the Property,the Trustee shall have the tight to <br /> foreclose by notice and sale, and Lender will have Yhe right to foreclose by judicial foreclosure,in either case in <br /> accordance with and to the full extent provided by applica6le law. <br /> Successor Trustee. Lender,at Lender's option,.may from time to time appoint a successor Trustee to any Trustee <br /> appointed u�der this Deed of Trust by an instrument execuced and acknowledged by Lender and recorded in the <br /> office of the recorder of HALL County, State of Nebraska. The i�strument shall contain, in addition to all other <br /> matters required by state law, the names of the original Lender, Trustee, and Trustor, the book and page lor <br /> computer sysiem reference) where this Deed of Trust is recorded, and the name and address of the successor <br /> trustee,and the instrument shall be executed antl acknowledged by al.l the 6eneficia�ies under this Deed of Trust or <br /> the�r successors in interest. The successor trustee,without conveyance oi the Property,shall succeed to all the <br /> title,power,and duties conferred upon the Trustee in this Deed of Trust and by applicable law. This procedure for <br /> substiturion of Trustee shall govem to the exdusion of all other provisions for substitution. <br /> NOTICES. Any notice required to be given under this Deed of Trusi,including without lim'rtation any notice of default <br /> and any notice of sale shail be given in writing,and shall be effective when actually deiivered,when actually received <br /> by telefacsimile(u�less otherwise required by lawl,when deposited with a nationally recognized ovemight courier,or,if <br /> mailed,when deposited in the United States mal,as first class,certified or registered mail postage prepaid,directed to <br /> the addresses shown near the beginning of this Deed of Trust. AIl copies of notices o��foreclosute from the holder o�F <br /> a�y lien which has priority over this Deed of Trust shall be sent to Lender's address, as shown near the 6eginning of <br /> this Deed of Trust. Any person may change his or her address for notices under this Deed of Trust hy giving formal <br /> written notice to the other person or persons, specifying that the purpose of the notice is to change the perso�n's <br /> address. For notice purposes,Trustor agrees to keep Lender informed at all times of Trustor's current address. U�less <br /> otherwise provided or required by law,if there is more than one Trustor,any notice given by Lender to any Trustor is <br /> deemed to be notice given to all Trustors. It will be Trusfor's responsiliility to tell the others of the notice from Lender. <br /> MISCELLANEOUS PROVISI01�7S. The followi�g miscellaneous provisions are a part of this Deed of Trust: <br /> Amendments. What is written in this Deed of Trust and�in the Related Documents is Trustor's entire agreement <br /> with Lender conceming ihe matters covered by this Deed of Trust. To be effieciive,any change or amendment to <br /> this Deed oi Trust must be in wrixing and must be signed by whoever will be bound or obligated by the change or <br /> amendment. <br /> Caption Headings. Caption headings in tliis Deed of Trust are for convenience purposes only and a�e not to be <br /> used to interpret or define the provisions of this Deed of Trust. <br /> Merger. There shall be no merger of the interest or estate created by this Deed of Trust with any other interest or <br /> estate in the Property at any time held by or for the benefit of Lender in any capacity,without the written consent <br /> of Lender. <br /> Go�erning Law. This Deed of Trust will 6e governed by federal law apploca4le to Lender and,to the extent not <br /> preempted by federal law,the laws of the State of Nebreska without regard to its con#licts ofi law provisions. This <br /> Deed of Trust has been accepted 6y Lender in the State of Nebraska. <br /> Choice of Venue.. If there is a lawsuit,Trustor agrees upon Lender's r�quest to submit to the jurisdiction of the <br /> courts of Hall County,State of Nebraska. <br /> Joint and Severel Liability. All obligations of Trustor under this Deei1 ef Trust shall 6e joint and�everal, and ali <br /> references [o Trustor shall mean each and every Trustor. This means ihai each Trustor signing 6elow is <br /> responsible for al!obligations in this Deed of Trust. <br /> No Waiver 6y Lender. Trustor understands Lender will not give up eny of Lender's rights under this Deed of Trust <br /> unless Lender does so in writing. The fact that Lender tlelays or omits to exercise any right will not mean that <br /> Lender has given up thai right. If Lender does agree in writing to give up one of Lender's rights,that does not <br /> mean Trustor will not have to comply with the other provisions of this Deed of Trust. Trusmr also understands <br /> that if Lender does consent to a request,that does not mean that Trustor will not have to get Lender's consent <br /> again if the situation happens again. Trustor further understarrds that just because Lender consents to one or more <br /> of Trustor's requests,that does not mean Lender will be required Yo consent to any of Trustor's future requests. <br /> Trustor waives presentment,demand for payment,protest,and notice of dishonor. <br /> SeverabilRy. if a court finds that any provision of this Deed of Trusi is not valid or should not be enforced,that <br /> fact by itself will not mean that the rest of zhis Deed of Trust will not be valid or enforced. Therefore,a court wil! <br /> enforce 4he rest of the provisions of this Deed of Trust even if a provision of this Deed oP Trust may be found to be <br /> invalid or unenforceaole. <br /> Successors and Assigns. Subject to�sny limitations stated in thos Deed of Trust on trans`er of Trustor`s interest, <br /> this Deed of Trust shall be binding upon antl inure to the benefit of the parties,their successors and assigns. Ifi <br /> ownership of the Property becomes vested in a person other tha�Trustor,Lender,without notice to Trustor,may <br /> deal with Trustor's successors with reference to this Deed of Trust and the Indebtedness by way of forbearance or <br /> extension without releasing Trustor from the obligations of this Deed of Trust or liability under the Indebtedness. <br /> Time is of the Essence. Time is of the essence in the performance of this Deed of Trust. <br /> Waive Jury. AII parties to this Deed of Trust hereby waive the right to any jury trial in any action,proceeding,or <br /> courrterclaim brought by any party against any other party. <br /> Waiver of Homestead E.cemption. Trusmr hereby releases and waives ali rights and 6enefits of the homestead <br /> exemption iaws of the State of Nebraska as to all Indebtedness secured by this Deed of Trust. <br /> DEFINITlONS. The fiollowing words shal!have the following�mear.ings when used in this Deed of Trus!: <br /> Beneficiary. The word"Beneficiary"means Equitabie Bank,and its successors and assigns. ' <br /> Borrower. The word"Borrower"means COREY J MYERS and HEATHER J MYERS and includes all co-signers and <br /> co-makers signing the Note a�d ail their successors and assigns. <br /> Deed of TrusY. The words "Deed of Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and <br /> includes without limitation all assignment and security interest provisions relating to the Personal Property and <br /> Rents: <br />