��15����3
<br /> DE�ED �F TRUST
<br /> Loan No: 'I D'l���D65 � ��ont�nued} Page 8
<br /> � and ei�her o-� them may pursue inconsisten� remedies. Nothing in �his Deed ❑� Trus� sha�� be cons�rued as
<br /> prohihifiing Lender from seeking a deficiency judgment against the Trustor to�he ex�ent such ac�ian is permitted by
<br /> faw. E(e�t�on by Lender to pursue any remedy shall not exc�ude pursuit ❑f any a�her remedy, and an election to
<br /> make expendi�ures ❑r tv take activn ta perform an ❑�ligation of Trustor under this aeed of Trus�, after Trusfior's
<br /> �ailure to perform, sha�l na�a�f�ec�Lender's right to declare a de�auZt and exercise i�s remedies.
<br /> Request fvr No�ice. Trustor, �n behal�of Trustor and Lender, hereby requests that a copy ot any Natice❑f Default .
<br /> and a copy of any Nv�ice af Sale under�his Deed ❑f Tr�s� be mailed to them afi the addresses set�orth in fihe first
<br /> paragraph o�this I�eed of Trus�.
<br /> Atfiorneys' Fees; Expenses. If Lende�- ins�i�utes any suit ❑r action �a en�orce any o� the �erms of �his #�eed o�
<br /> Trust, Lender shall be en�i�led to �eca�er such sum as the court may adJudge reas�nable as attorneys' fees at trial
<br /> � and upan any appeal. Whe�her vr not any �our� activn is inW�l�ed, and to �th� extent nofi prvhihited by law, a�!
<br /> reasonable expenses Lender incurs that sn Lender's ❑pinion are necessa�y at any time for �he pra�ect;on v� its
<br /> interest or�he enforcemen�❑f its rights shal� i�ecvme a part of the lndebtedness payable ❑n demand and shall bear
<br /> interest a��he Nate ra�e from�he date of the expenditure unti[ repaid. Expenses co�ered by this paragraph include,
<br /> withaut limi�a�ifln, howe�er subject�to any limits under app�icab[e law, Lender's att�rneys' fees and Lender's lega3
<br /> �xpenses, whefiher vr nat there is a lawsuit, in�luding at�orneys' �ees and expenses fivr bankrup�cy proceedings
<br /> �including e�forts�ko modify or vacate any au�oma�ic s�ay❑r injun�tion}, appeals, and any anticipated pvst-judgment
<br /> coflec�ion ser�ices, the cvst of searchxng records, ❑btaining �i�le repor�s {inc�uding �Foreclvsure rep�r�s�, sur��yars'
<br /> �-epvrfis, and app�-aisal fees, ti�kle insurance, and -�ees for th� Trus�ee, to �he extent permitted by applicable faw.
<br /> T�ustvr a�s❑will pay any cour-�costs, in addi�ion fio all ofiher sums pro�ided l�y law.
<br /> Rights vf Trustee. Trus�ee shall ha�e all❑�the rights and duties of Lender as set forfih in fihis se�tion.
<br /> PDV11ER5 AND aBLIGATI�NS �F TRUSTEE. The�Fvllvwing pro�isions rela�ing�a the powers and ab[iga�ions of Trus�ee
<br /> are part❑f fihis Deed v�#Trust:
<br /> Powers v�Trusfee. [n addition to at[ powers a�Trustee arising as a matter❑f�aw,Trustee shall ha�e�he power�❑
<br /> take the fvllvwing actions wi�h respec�to the Properky upon�he written requ�st❑f Lender and Trustor: �a� join in
<br /> preparing and �fil�ng a map ❑r pla� v� the Rea1 Property, in�luding the dedication of s�reets ar ather rights t� the
<br /> public� {b� jain in gran�ing any easemen� or creating any restrict�an an fihe Real Property; and �c} �aEn in any
<br /> subo�dination or other agreemen�a��ec�ing this Deed ❑fi Trust❑�-the in�erest of Lender under this �eed�f Trust.
<br /> Trustee. Trustee shaf� meet afl qualificati�ns required �for Trustee under applicable law. En additivn ta the rights
<br /> and remedies se� farth ai�v�e, with respect to all or any part ❑f the Proper�y, the Trus�ee sha�f ha�e �he right-�o
<br /> �oreclvse by notice and sale, and Lender shall ha�e �he right to forec[ose hy jud�cta[ foreclosure, in eifiher case in
<br /> . ac�ordance with and fio the fiull extent p�vvided i�y appi�cable law.
<br /> Successor Trustee. Lender, at Lender's op�ion, may�ram time to-�ime appain�t a successor Trus�ee�to any Trusfiee
<br /> appoin�ed under �his aeed of T�us� by an insfirument executed and a�know�edged by Lender and �e�orded in the
<br /> ❑ffice.of the re�vrder v� HALL County, S�ate a� Nebraska. The instrument��shal! contain, in addition t❑ all other
<br /> mat�ers required �y sta�e law, the names ❑� the original Lender, Trusfiee, and Trustor, the book and page {vr
<br /> compu�er system reference� where this ❑eed o� T�us� �s recorded, and �he name and address ❑f �he successor
<br /> trus�ee, and the instrument sha![ be execu�ed and acknowledged by a[C�he loeneficiaries under this Deed vf Trust vr
<br /> their succ�ssors in infierest. The su�cessar trustee, wEthout �nn�eyance of th� Proper�y, sha[t succeed to af! the
<br /> titie, power, and duties canf�rred upon the T�ustee in�his Deed v�Trust and by app[icable law. This pr��edure for
<br /> suhstitutivn❑�Trustee shail go�ern�o�he exclusion o�afl other pro�isions for substi�ution.
<br /> N�TICES. Any nv�ice required �❑ be gi�en under this ❑eed vf Trusfi, inGludEng without limi�a�ion any nvtice of de�aul�
<br /> and any notice v�F sale shall be gi��n iri writing, and shaE� be effective when a��ual�y deli�ered, when actually re�ei�ed
<br /> }�y te�efacsimife �unless a�herwise required by�aw�, when depvsited with a natianally recagni�ed a�ernight cvurier, or, if
<br /> mailed, when deposited in fihe United S�a�es mai�, as firs�class, certified or regis�ered mail postage prepa;d, dire�ted ta
<br /> the addresses shown near the heginning ❑f this I�eed v�Trust. All copies ❑� notices o�fa�-ec[osure�rvm �he holder of
<br /> any lien whi�h has priority a�er this De�d ❑f Trust shall be sent fia Lender's address, as shown near�the i�eginning o�
<br /> this Deed of Trus�. Any party may �hange i�s address for n�tices under this ❑eed ❑�r Trust by gi�ing fvrmal writ�en
<br /> noti�e ta the o�her parties, spe�i�ryin� �hat �he purpose at the nvtice is to change the party's address. For nv�ice
<br /> purposes, Trustor agrees to keep Lender in�ormed at ail times ❑f Trustor's curren� address. Unless o�herwise pra�ided
<br /> or required by iaw, i�there is more than one T�rus�or, any no�tice g�ven by Lender to any Trustor is deemed ta.be na�kice
<br /> gi�en to aEl Trustors. �
<br /> 1V115CELLANEDUS PRDV151�N5. The folfowing miscellaneous pra�isions a�e a part a�this Deed❑f Trus�;
<br /> Amendments. This Deed of Trus�, together with any Rela��d aocumen�s, consti�utes�he entire understanding and
<br /> agreemen� ��the par�ies as to the matters set fo�-th in #his Deed o�Trust. Nv alteration v� or amendment t❑ this
<br /> Deed of Trus�shall be efFective un[ess gi�en in w�-iting and signed by�h� party or parties sou�hfi tv be�cha�ged vr
<br /> bvund by the altera�i�n❑r amendment.
<br /> Annuaf Repvrts. lf the Property is used for purpvses a�her than Trustar's residence, Trustar shall furnish �o
<br /> Lender, upan request, a certified s�atemen� v� net opera�ing tncome recei�ed �rom �he Property dut-ing Trus�or's
<br /> pre�ious fiscal year in such fa�-m and de�ail as Lend�r shal! require. "Net operating incnme" shall mean all �ash •
<br /> receipts��am the Property less a![cash expenditures made in cannection with�the❑perativn o�the Proper#y.
<br />
|