201402631 - Laserfiche WebLink

Browse

��14��31 �� Lvan N�: '��'i��'S348 ��t�� 'age 9 nafiice �o �he ofiher parties, spe�ifying tha� the purpase ❑f the na�ice is �v change �he par�y`s address. For not�ce purposes, Trus�ar agrees �❑ keep Lender in�formed at all times ❑f Trustor`s curren� address. �nIess afiherwise pro�ided ❑r� required by law, i��here is more�han ❑ne Trus�ar, any natice gi�en hy Lender t❑ any Trus�ar- is deemed tv be na�ice gi�en t❑ aII Trus�ors. MISCELLANEDUS PRQVl51�N5. The�ollawing misceIIaneous pro�isians are a par�of this Deed ❑f Trust: Amendmen�s. This ae�d of Trust, tagether with any Rela�ed DaGuments, canstitutes�he entire und�rs�anding and agreemenfi of the pa�ties as ta �he matters set-For�h in this �3eed o�f Trus�. No al�era-tian of ❑r amendmen�� this Deed vf Trus�k shall he ef�ecfiiWe un�ess gi�en in wri�ing and signed by the party ❑r parties sought to be charged or b�und by the alteration or amendment. Annual Repvrts. If the Property is used for purposes ❑�kher than Trus�or's residence, Trus�or shall -�urnish to Lender, upon request, a �erfiified sta�ement a� ne� operating. income recei�ed �ram fihe Pr�perty during Trus�fior's preWious fiscal year in such �a�m and detaii as Lender shali require. "Ne� operating income" shall mean all cash receipts�rom�he Property less all cash expendi�ures made in connection uv��h the ❑peration o�the Property. Cap#ion Headings. Cap�ian headings �n �his Deed af T�ust are for conWenience purpases ❑n�y and are not tv be used�❑ interprefi❑r define�he pra�isions ❑f�his Deed o-�Trust. Merger. There shail be n❑ merger o��he infieres�or estate crea�ed by this Deed ❑�Trust wi�h any ather in�erest or estate in the Praper�y afi any t�me held by ❑r for�he benefit vf Lender in any capacity, without�he wri��en consent ofi Lender. �overning Law. This Deed v�Trus� wil� he governed by �edera� �aw appiicable tv Lender and, �o �he extenf nvt preempted by�ederai law,the laws a�#he Sta#e of Nebraska without.rega�d to�ts confii�ts o�F law prv�isivns. This D�ed o�Trust has been a�ceptad by Lender in�he 5�ate �f Nelaraska. Chvi�e af Venue. lf�here is a lawsuit, Trus�or agrees upon Lender's reques� t� submit ta the �urisdicti�n of the courts ❑f HaII County, State a�f Nebraska. Joint and 5everal L�abi�ity. Ali obligatians ❑f Borrawer and Trustor under �his Deed of Trust shall be jaint and se�eraI, and a�� references�to Trustor shali mean each and every Trustor, and all re�erences tv gorrvwer shall mean each and e�ery Barrower. This means tha�each Trus�or signing below is respansible for a!1 ❑bliga�ions in this Deed ❑fi Trust. V1lhere any �ne or more o�the parties is a c�rporat�on, par�nership, limified �iability company ❑r similar �ntity, it is no�necessary�vr Lende�t❑ inquire int❑�he pawers a�any a�the affice�s, dire��vrs, partners, members, ❑r ❑�her agen�fis acting or purporting �❑ ac� ❑n -�he en�i�y's behalf, and any obligations ma,de ❑r crea�ed in reliance upon�he prafessed exercise❑f such pawer-s shall be gua�-an�e�d under this Deed af Trus�. No V1laiWer by Lender. Lender shall nat be deemed to ha�e wai�ed any rights under this Deed af Trust unless such waiWer is gi�en in writing and signed by Lender. N❑ delay❑r❑missi�n ❑n the par�❑�Lender in exercising any r�gh� shall ❑perate as a wai�er❑f such right ❑r any other righ�. A wai�er by Lender of a pravision of fih�s Deed ❑�f Trus� shall not pre�udice or consti�ute a waiver o�F Lender's ri�h� otherwise fiv demand strict campIian�e with fiha� pro�isian ❑r any ❑�her pro�ision of this Deed ❑� Trus�. N❑ prior wai�er by Lender, nor any course of dea�ing be�w�en Lender and Trustor, shall canstitute a waiWer of any o� Lender's rights or ❑� any of Trus�or's ❑bIigations as to any fiuture �ransac�ions. 1lVhene�er the �onsent v� Lender is required under this �eed o�Trust, the granfiing ❑f such consen� by Lender �n any instance shall not constitu�e con�inuing �onsen�t❑ subsequent ins�an�es where such consenfi is required and in all cases such cansen�may be gran�ed or withheld in fihe sale disc�e�ion of Lender. 5e�erabili�y. Ifi a cvur� of campetenfi jurisdiction finds any p�o�isFon af�his Deed ❑�Trus�to be i!lega�, in�aiid,.❑r unenforceable as �❑ any cir-cumstanGe, that finding shall nvt make the vffending pravisi�n i��egaf, in�aIid, or un�n�arceab�e as �o any v�her �ircums�ance. If feasible, �he o�ffending pro�isian shall he considered modi�fied 5D tha� it beGomes legal, �aEid and en�orceable. I� �he o��ending pro�ision cannot be sa modified, it shall be �onsidered dele�ed �From this Deed o� Trust. Uniess ❑therwise required by law, the iIlegali�y, in�alidity, ❑r unen�or-cealai�i�y ❑-�any pro�ision o�this Deed vf Trusfi shall no� a�te�t the legaIity, �alidity ❑r entorceabi�ity ot any ❑�her p�ovisian of�his ❑eed ❑f Trus�. 5uc�essors and Assigns. 5ub�ect to any �imifia�ians st�ated in �his Deed ❑f Trus� on �ransfer afi Trustor's infierest, �his ❑eed vf Trust shaI� be binding upon and inure ta the benefit ❑f the parties, their su�Gessors and assigns. I-� ❑wnership o��he Property becomes ��sted in a person ❑ther�han Trustor, Lender, wi�hau�notice t❑ Trus�or, may dea! with Trustor's successors wifih re�erence ta�his Deed ❑�Trusfi and�he Indebtedness 1�y way vf fiorbearance or extensian without re��asin�Trustar fram the obIigat�ans ❑f�his aeed o#T�us�vr�iability under the Indebtedness. Time�s o��he Essence. Time is of the essence in the performance❑�F this D�sd af Trust. VIlai�er o� Homestead Exemption, Trus�vr hereby releases and wai�es a1l rights and benefi�s a� �he homes�ead exemp�ion laws o��he 5�afie o�Nebraska as tv all Indebtedness secured t�y this Deed vf Trus�k. �EF1N�T�DNS. The �Fa�Iowing capitalized words and terms shall ha�e�he �ollowing meanings when used in this ❑eed a� Trus�. UnIess specificaIly sta�ed t❑ the can�rary, alI references �a dal�ar amoun�s shall mean amoun�s in Iaw�u� money ❑� the United 5tates ❑f America. Wards and fierms used in �he singular shall inciude the plural, and �he pjura� shall �nclude �he singuiar, as the cantext may require. VV�rds and �erms na� otherwise de�ined in �his Deed ofi Trust shall ha�e�he meanings a��ributed to su�h�erms in�he Uniform Comme�Gial Code: