Laserfiche WebLink
201301591 <br /> DEED OF TRUST <br /> Loan No: 101261779 (Continued) ! Page s <br /> assignment or otherwise. Neither the acceptance of this Deed'of Trust nor its enforcement, whether by court <br /> action or pursuant to the power of sale or other powers contained in this peed of Trust, shall prejudice or In any <br /> manner affect Trustee's or Lender's right to realize upon or enforce any other security now or hereafter hold by <br /> Trustee or Lender, it being agreed that Trustee and Lender, and each of them, shall be entitled to enforce this Deed <br /> of Trust and any other security now or hereafter held by Lender or Trustee in such order and manner as they or <br /> either of them may in their absolute 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 law provided or permitted, but <br /> each shall be cumulative and shell be in addition to every other remedy given in this Deed of Trust or now or <br /> hereafter existing at law or in equity or by statute, Every power or remedy given by the Note or any of the Related <br /> Documents to Trustee or Lender or to which either of them'may be otherwise entitled, may be exercised, <br /> concurrently or independently, from time to time and as often as may be deemed expedient by Trustee or Lender, <br /> and either of them may pursue inconsistent remedies. Nothing in this Dead of Trust shell be construed as <br /> prohibiting Lender from seeking a deficiency judgment against the Truster to the extent such action is permitted by <br /> law. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to <br /> make expenditures or to take ection to perform an obligation of,Trustor under this Deed of Trust, after Trustor's <br /> failure to perform, shall not effect Lender's right to declare a default and exercise its remedies, <br /> Request for Metier. Trustor, on behalf of Trustor and Lender, hereby requests that a copy of any Notice of Default <br /> and a copy of any Notice of Sala under this Deed of Trust be mailed to them at the addresses set forth in the first <br /> paragraph of this Died of Trust. <br /> Attorneys' Pars; Expenses. It Lender institutes any suit or action to enforce any of the terms of this Deed of <br /> Trust, Lender shall be entitled to recover such sum es the court may adjudge reasonable oe attorneys' fees at trial <br /> and upon any appeal. Whether or not any court action is 1nvOlVed, and to the extent.not prohibited by law, ell <br /> reasoneble expanses Lender incurs that in Lender's opinion are, necessary at any time for the protection of its <br /> Interest or the enforcement of Its rights shall become a pert of the indebtedness payable on demand and shell beer <br /> interest at the Nate rate from the date of the expenditure until repaid: Expenses covered by We paragraph include, <br /> without limitation, however subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal <br /> expenses, whether or not there is a lawsuit, including attorneys` fees and expenses for bankruptcy proceedings <br /> (including efforts to modify or vacate any automatic stay or injunction), appeals, and any anticipated post•judgment <br /> collection services, the cost of seerahing records, obtaining title reports (including foreclosure reports), surveyors' <br /> roports, and appraisal fees, title Insurance, end fees'for the Trustee, to the extent permitted by applicable few. <br /> Trustor oleo will pay any court costs, in addition to all other sumalprovided by law. <br /> Rights of Trustee, Trustee shall have all of the rights and duties of Lender as set forth in thie 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 es 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 Treetor: (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) join cry granting any easement or creating any restriction on the Real Property; and Ic) join in any <br /> subordination or other agreement affecting this Deed of Trust or the Interest of Lender under this Deed of Trust, <br /> Trustee. Trustee shall meet all qualifications required for Trustee under applicable law. In addition to the rights <br /> and remedies set forth above, with respect to mil or any part of ithe Property, the Trustee shall have the right to <br /> foreclose by notice and sale, and Lender shall have the right to foreclose by judicial foreclosure, in either case in <br /> accordance with and to the full extant provided by applicable law.' <br /> Succeteor Trust... Lender, at Lender's option, may from time to'time appoint a successor Trustee to arty Trustee <br /> appointed under this Deed of Trust by an instrument executed end acknowledged by Lender end recorded In the <br /> office of the recorder of HALL County, State of Nebraska. The'instrument shall contain, ire addition to all other <br /> matters required by state law, the name' of the original Lender, Trustee, and Trustor, the book and page for <br /> computer system reference) where thin Deed of Trust Is recorded, end the name and address of the successor <br /> trustee, and the instrument shell be executed and acknowledged by ell the beneficiaries under this Deed of Trust or <br /> their successors in interest. The successor trustee, without conVeyence of 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 /> substitution of Trustee shell govern to the exclusion of all other provisions for substitutIon. <br /> NOTICES. Any notice required to be given under this peed Of Trust,'including without limitation any notice of default <br /> and any notice of arms shall be given In writing, and shall be effective when actually delivered, when actually received <br /> by telefaosimfie (unless otherwise required by law), when deposited with a nationally recognized overnight courier, or if <br /> mailed, when deposited in the United States mail, as first class, certified or registered mall postage prepaid, 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 hoe priority over this Deed of Trust shall be sent to Lender's address, as shown near the beginning of <br /> this Deed of Trust, Any party may change Its address for notices under this Deed of Trust by giving formal written <br /> notice to the other parties, specifying that the purpose of the notice IS to change the party's address. For notice <br /> purposes, Trustor egress to keep Lender informed at all times of Trustor's current address. Unless otherwise provided <br /> or required by law, If there is more then one Trustor, any notice given by Lender to any Trustor is deemed to be notice <br /> given to all Trustor.. <br /> • <br /> • <br />