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<br /> �3EEC] DF T�RUST
<br /> Lvan No: '1�'I�74�7�� � �Cont�nued} Page g �
<br /> �ancurrenfily �r independently, from time�v time and as often as may be d�emed expedien�k by Trustee ❑r Lender,
<br /> and ei�her o� fihem may pursue incansistent remedies. No�hing in this ❑eed ❑f Trus� shall be consfirued as
<br /> prohibiting Lender from seeking a deficiency judgmen�against the Trustar�o the e�tent su�h a�tion is permitted by
<br /> law. EIe��ion by Lender�o pursue any remedy shall not excIude pursuit ofi any ather remedy, and an electian fio ,
<br /> make expenditures ❑r to take acfiivn to perform an obligatian of Trustor under�h�s �eed afi Trust, af�e�-Trustor's
<br /> �ailure to per-�orm, shall no�a�tect Lender's righfi fia deciare a de�Fault and exercise i�s remedies.
<br /> Request far Notice. Trustor, on behalf❑f Trus�vr and Lender, hereby requesfis�hat a capy❑�any Notice of Defaul�
<br /> and a �apy o�any Notic� o�F Sale under�his ❑eed ❑f Trus� �e mailed to fihem a��he addresses se�farth in the first
<br /> paragraph of�fihis Deed ofi Trus�.
<br /> Attvrneys' Fees; Expenses. I� Lender insfiitutes any suit or ac�ivn ta en�o�ce any of the fierms of �his Deed vf
<br /> Trus�, L�nder shall be en�itled to reco�er such sum as the cour�may adjudge reasonable as a�torneys' �ees at firial
<br /> and upon any appea�. Whether ❑r no� any court ac�ion �s in�a[�ed, and fio �he exten� not prohibi�ed by lavv, a!I
<br /> reasonable expenses Lender incurs tha� in Lender's ❑pinion are necessary at any �ime �or the pro�ec�ian a� its
<br /> in�eres�t or�he en�orcement of its righ�s shal! become a parfi of�he Indebtedness payable on demand and shall bear
<br /> interes�at�he Note ra���ram the date❑�F the expenditure un�i1 r�paid. Expenses co�ered by�his paragraph �nclude,
<br /> withou� limita�ian, h�we�er subject to any �imi�s under applicab�e �aw, Lender's a�torneys' fees and Lender's legal
<br /> expens�s, whe�her ❑r no� there I5 a lawsui�, in�luding at�o�neys' fees and expenses �or bankruptcy prace�dings
<br /> {including e��arts t� madi�y or�acate any automatic s�ay or�njunction}, appea�s, and any anticipa�ed p�s��udgmen�t �
<br /> � collec�ion ser�ices, �he cosfi❑f searching recards, ❑btaining �i��e repor�s �including fvrec�osure reports�, surWeyors' �
<br /> reparts, and appraisal �ees, �i�l� insurance, and fees �or �he Trustee, to �he ex��n-� permi�ted by applicable law.
<br /> Trus�or a�s❑will pay any cour�cvsts, in addi�ian to all o�her sums provided by law.
<br /> Rights of Trus�ee. Trustee shai[ ha�e all of the rfgh�s and duties of Lender as set�orth in th�s sectivn.
<br /> P0INERS AN� ❑BL1GATiDNS DF TRUSTEE, The f�llowing pro�isions relating to the powe�s and ❑bl�gafiions ❑fi Trus�ee
<br /> are par�❑fi fihis Deed of Trust:
<br /> Pvwers v�Trus�ee. �n add'r�ion t� a�� powers of Trustee arising as a matter of law, Trustee shall ha���he power to
<br /> take the following a�tians with respecfi to the Prvper�y upon the wri�tten reques�o� Lender and Trustor: �a� join in
<br /> preparing and filing a map vr pla� o��he Rea€ Praperty, in�luding ths dedication ❑f s�ree�s or ather rights to the
<br /> puh�ic; 4b� �vin in granting any easement or creafiing any restriction ❑n fihe Real Property; and �c� �oin in any
<br /> subordina�ion or o�her agreement affecting�his ❑eed ❑f Trust❑r�he interes�of Le�der under this Deed vf T�-ust.
<br /> Trustee, Trus�ee shafl meefi all quali�i�a�ions required far T�-us�ee under app��cable law. In addition �a the rights
<br /> and r�medies set�orfih ahov�, wi�h r�spect�❑ a�l or any parfi of the Praperty, the Trus�ee shall have �he right t❑
<br /> fareclase by n��ice and sale, and Lend�r sha�l ha�e the righ�ta #orec�ose by�udicial �oreclosure, in ei�her case in
<br /> accardance with and to�he full e�tent pra�ided by applicab�e faw. ,
<br /> Successor Trustee. Lender, a�k Lender's op�ian, may�f�ror� �ime to time appoin�a successor Trustee t❑ any Trustee
<br /> appointed under �his Deed o#Trust by an insfirument executed and acknvwledged hy Lender and recorded in the
<br /> ❑f�ice ❑f �th� record�r o� HALL County, 5tate of Nebraska. The �nstrumen� sha�l con�ain, in additivn ta afl other
<br /> ma��ers required hy s�a�e law, �he names ❑�F �he ariginal Lender, Trusfiee, and Trustar, �he book and page {or
<br /> campu�er system reference} where this L�eed of Trus� is rec�rded, and �he name and address o� the suc�essor
<br /> �rus�ee, and the �ns�rumen�shall be executed and acknowledg�d by all the beneficiaries under this �eed ❑f Trus�or
<br /> �heir su�cessors in in�eresfi. The su�cessar trus�ee, wi�hau� conWeyance of the Properky, shall succeed to all the
<br /> �i�le, pawer, and du�ies conferred upan the Trustee in this aeed ❑f T�ust and by applicahfe �aw. This procedure fo�-
<br /> subs�itution❑f Trustee sha�I govern�o the excEusian of all ❑ther pro�isions for suhstifiutivn.
<br /> N�TiCES. Any notice required �a be gi�en under�his fleed a�f T�-us�, in�luding wi�h�u� fimi�a�;on any noti�e vf de�ault
<br /> and any notice ❑f sa�e shall be giWen in writing, and shall be ef�ecti�e when actually deli�ered, when actually recei�ed
<br /> hy tele�acsimile �unless ❑therwise required by law}, when deposi�t�d with a na�ionally recognized o�ernight courier, ❑r, if
<br /> m�a�Ied, when deposi�ed in the Uni�ed Sfiates mai[, as first class, �ertified or reg�stered mail postage prepaid, directed t❑
<br /> fihe addresses shown near the beginning of�his Deed of Trust. All copies o-� notices of�vreclasure �ram the ho�der v�
<br /> any lien which has priority a�er this ❑eed ❑fi Trust shall be sent to Lender's address, as shown near the be�inning ❑f
<br /> �his ❑�ed ❑f Trust. Any party may change i�s address for notices under �his Deed of Trust hy giving formal written
<br /> notice tv the ather parties, specifying tha� �he purpose of the no�ice is �❑ change the party's address. Fvr notice
<br /> purposes, Trustor agrees to keep Lender �nformed a� all �imes of Trus�or's current address. Unless ❑therwise pro�ided
<br /> ❑r required by law, i�F there is more than one Trustar, any nati�e giWen �y Lender t❑ any Trus�or is deemed t❑ 1ae n�-�ice
<br /> �i�en tv all Trustvrs.
<br /> MISCELLANE�US PR�V15lDNS. The following miscellaneaus pro�isions are a part o�this ❑eed of Trust:
<br /> Amendmen�s. This Deed o�Trus�,together with any Related Documen�s, �onsti�utes the entFre unders�anding and
<br /> agreement af�he parties as to th� matters sefi forth xn�his Deed af Trust. N� al�eration ❑f ar amendmen��o this
<br /> Deed of Trus�shall be e�fective unless gi�en �n writing and signed by the parfiy or par�ies soughfi to be charg�d or
<br /> bound hy the af�era�ion or amendmen�.
<br /> Annual Repo��s. I� �he Property is used �Fvr purposes ❑ther �han T�us�or's residence, Trustor shall furnish t❑
<br /> Lender, upon request, a certi�ied s�atement o� ne� ❑pera�ting income received from �fihe Proper�y during T�-ust�r's
<br /> pre�i�us �iscal year in such �orm and de�ai� as Lender shall requ�re. "Net opera�ing income" shal� mean all cash
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