|
: ��14�71�7
<br /> �3EE� �F TRU�T � -
<br /> Lvan No� 'I U�28�688 ����ltlriu�d� . Page 8
<br /> and upon any appeal. 1Nhe�he�- vr naf any cou�� acfiian is inW�lWed;-a�nd��v �the �x�ent not p�ohibited by law, all
<br /> reasonable exp�nses Lender incurs �ha� in Lender's opinian are neces��ry at any �ime fivr the pr��kec�ion o� i�s
<br /> in�eres� vr the enfior�emen�o�F its ri�hts shall becvme a par�of the Indebtedness payable on demand and shall bear
<br /> interes� a�the No�� ra�e from the date ofi the expendi�ure until r�paid. °Expenses ca�ered by this paragraph include,
<br /> withaut limitation, howe�er subjec�t to any limi�s �nder applicable law, L�nder's attarneys' fees and Lender's legal
<br /> - expenses, whe�her or not there is a �awsuifi, including a�torneys' fees and expenses for bankrup�cy proc�edings
<br /> �including efforts ta modify or vaca�e any autama�ic sfiay or injunc�iony,-appeals, and any anticipated post-judgment
<br /> �ollecti�n serWices, the cost a�searching records, o�taining �i�le reports {including forsclosure r�partsf, sur�eyars'
<br /> reports, and appraisal fees, ti�le insuranc�, and fees �Far the Trustee, to the extent permitted by applica�le law.
<br /> Trustor alsv wiil pay any caurt costs, in addi�ivn ta all ofiher sums praWid�d by 1aw.
<br /> Righfis af Trus�ee. Trustee shal� have aIl af the rights and du�ies of Lender as se��orth in this sec��on.
<br /> PDINERS ANQ �6L1GATi�{VS �F TRUSTEE. The fvllowin� provisions relating tv the p�wers and obli�ati�ns �f Trus�ee
<br /> a�e part a�this I�eed of T�ust:
<br /> Pawers of Trustee. In addition t� all pavuers af Trustee arising as a matter a�law,Trus�ee shall ha�e the power�Q
<br /> tak�the follawing actions with respect�o the Pr�per�y upan the writ�en request ❑f Lender and Trustor: �a}join in
<br /> preparing and fi�ing a map or plat Qf �h� Reaf Property, including the d�dicatian ��F streets or other �igh�s to the
<br /> public; {b� join in granfing any easement or Greating any restrictian on the Real Praperty; and �cf join in any
<br /> subardina�ion�r�ther agreement a�fecting this Deed of Trust ar the interest of Lender under this Qeed�f Trust.
<br /> Trustee. Trustee shall mee� all qual�fi�ativns required �ar Trustee under appli�able law. In additian to the r�ghts
<br /> and remedies set forth abo�e. with respect �a a[l or any part nf th� Property, the Trustee shall haWe fihe r�ght �o
<br /> �oreclose by notice and sa[e, and L�nder shall ha�e the righ� ta farecfose by judi�ial foreclosure, in sith�r case in
<br /> accordance wi�h and ta the full ex�ent provided by applicable law.
<br /> Su��ess�r Trustee. L�nder, at Lender's optivn, may from �ime to time appaint a successor Trustee ta any Trus�ee
<br /> appointed under this Deed a� Trust �y an instrument �xecut�d and acknowledged by Lender and recorded in �he
<br /> affice af the r�corder of HALL County� S�a�e �f Nebraska. The instrument shall cvn�ain, in additian t� all other
<br /> ma�t�rs required by stafie [aw, �he names of �he �ri�ina! Lend�r, Trustee, and Trustor, the baak and pag� �or
<br /> camputer system reference} where this Deed o�F Trust is recorded, and �he name and address af the succ�ssor
<br /> trustee. and the instrument shall be executed and acknowledged by all th� ben�f��iaries under th�s �eed af Trust❑r
<br /> �h�ir successvrs in in�erest. Th� successor trustee, withaut conv�yance of�h� Property, shall succeed t� all fihe
<br /> titie, power, and�luti�s cvnferred upon the Trustee in�this De�d n�F Trust and �y applicable law. This pro�edu�e�far
<br /> substitutivn of Trustee shall ga�ern to the exclusion of all ather pra�isions for subst�tu�ion.
<br /> NDTIGES. Any n�tiCe requir�d �o be given under �hEs Deed of Trust, including without lirnitation any noti�e af default
<br /> and any noti�e of sale shal! be given in writing, and shal{ �ae ef#ective when actual�y deli�ered, when ac�kually r�cei�ed
<br /> by telefiacsimile �unless otherwise required by law}, wh�n depasited with a nativnally re�o�nized o�ernight courier, or, if
<br /> mailed, when depvsi�ed in the United 5ta�es maif, as �irs�t c�ass, �ertifiied or register�d mail pastage prepaid, directed to
<br /> �he addresses shown near th� beginning o�this Deed af Trust. All �Qpies ❑f nvtices �f fareclosure from the holder of
<br /> any fien wh�ch has priority o�e� this Deed of Trus� shall he sen� to Lender's address, as shown n�ar the beginning of
<br /> this Deed of Trust. Any party may change i�s add�ess for notices under this De�d af Trust by gi�ing �armal vuritten
<br /> notice t� the other par�ties, specifying that the purpose o�F �he notice is fo �hang� the partyr5 addr�ss. For nv�ice
<br /> purposes, Trustvr a�rees to keep Lender infarmed at all times a�Trus�ar's current address. Unless otherwise pro�ided
<br /> or required by faw, if fhere is mvre than vne Trustvr, any notice giWen by Lender tv any Trustor is deemed ta be notice
<br /> given to all Trust�rs.
<br /> MISCELLANEDUS PR�VISI�NS. The following miscellaneaus proWisions are a part of�this ❑eed of Trust:
<br /> Amendments. This Deed of T�ust, tvgeth�r wi�h any R�lated DoGuments, constitutes the enfire understanding and
<br /> agreernent ���he parfiies as �a �he rnatt�rs set for�h in this De�d of Trust. No alteration of or amendment t� this
<br /> ❑eed of Trust shall be effecti�e unless giWen in writing and signed 1ay the par�y or parties sought tv b� charged nr
<br /> bound by the alterati�n or amendmen�.
<br /> Annuai Reparts. �f th� Property is used fQr purpvs�s other �han Trusfor's residence, Trustor shall furnish to
<br /> Lender, upvn requ�st, a c�rtified s�a�ement o� ne� operating income recei�ed �rom the Proper�y during Trust�r's
<br /> previous fiscal year in such f�rm and detail as Lender shall require. "Net vperating in�ome" shall mean all �ash
<br /> re�eipts from the Property less alf cash expenditures made in connec�ion with the aperatian af the Praperty.
<br /> Caption Headings. Caption headings in this Deed �� Trus� are for conWenience purpases �nly and are not to be
<br /> us��l to in�erpr�t or define the prvWisions of this aeed o�Trus�.
<br /> 111i��ger. There shafl be na merger vf th� �nter�s�ar estate creat�d by this Deed ��Trust with any other interest or
<br /> es�ate in the Property at any t�me held by❑r f�r the benefit of Lender in any �apa�ity, with�ut�he written consent
<br /> of Lender.
<br /> , •� Gaverning La�nr. This Deed a� Trust wili he goWerned hy federaE law appii�able to Lender and, fi❑ ti�e extent not
<br /> � preernpted by fed�raf law,the laws of�he Stafie o#IVebraska withvut regard�to its cflnfl�cts of law pro�isions. This
<br /> Deed vf Trus�has been accepfied by Lender in�he 5tate af tVebraska.
<br /> Cho�ce af Venue. if �here is a lawsuit, Trust�r a�rees upon Lender's r�quest �o submi� to the jurisdictian of the
<br />
|