|
��15�17�1
<br /> paymen� of jun�or�rus� deeds, m�r�gages, or vther I�enh��ders and the ba�ance, if any, to the persvn �r persons
<br /> legally en�i�led there��. The reci�als in, the Trus��e's deed sha11 be pri_ma facie ev�dence of the �ruth ❑f the
<br /> s�atements made�n i�.If Lender cho�ses to invoke�he power�f sale,Lend�r vr Trustee�il�provide not�ce❑f sa�e
<br /> ursuant ta a . Iicabl� Iavv. Any such sale or a sale made pursuant t� a judgment�r a d��ree for the fareclasure
<br /> p pP
<br /> here�f may, at the apti�n �f Lender, be mad� en masse. The �vmmencement �f pr�ceedings to f�reclvse thxs
<br /> Secur�iy Instrument in any manner au�har�ized by�avc�shall be deemed as ex�rclse�f�he ab��e option.
<br /> Upon the �c�urrence of an Event of�]efault, L�nd�r sha�� immedia�e��be ent�t�ed �o make application fvr and
<br /> obtain the appointment af a rece�ver f�r�he Pr�per�and�f the earn�ngs, �ncome, �ssue and pro�i�s vf��,v��th�he
<br /> powers as �he cvur�ma�ing the appointmen�s canfers. Grant�r here�y irre�oca b ly c�nsen fs to suc h appvin i men t
<br /> and waives notice of an�application ther�for. :
<br /> NQ '�'VAIVER. No delay or failure of L�nder to e�er��se any right, remedy, pv��r vr privi�ege hereunder shall
<br /> affec�that right,remed�,povsrer or privilege nor sha�l any s�ngle or par�ial e�ercise�h�reof pre��ude the exer�ise of
<br /> any r�ght,remedy,pov�rer or privi�ege.Nv Lerider deiay or fax�ure to demand str�ct adheren�e��the terms of�1iis
<br /> S�c�r�ty Instrument sha�l be deemed�a cons�itute a course of conduct�nconsistent�.�h Lender's right a�an�time,
<br /> before or after an e��nt �f defaul�, to demand stri�t adheren�e �o �he terms �f this Securit� Instrument and the
<br /> Related Documents. -
<br /> S�3STITUTE TRUSTEE.Lender, at�its optian,may fram time to�ime remove Trus�ee and appoint a successor
<br /> trus�ee �o any Trustee appo�nted hereunder h}� an instrument recorded in the county in v�rh�ch this 5ecurity
<br /> Instrument �s recorded. �i�hout c�n�e�arice af��e Praperty, the successor trus�ee sha1� succeed�o a�l �he title,
<br /> po�rer and du�ies canferred upvn Trus�ee herein and by appl��able 1a�v.
<br /> JQINT AND SEVERAL LIABILITY.If this Securi�y Ins�rument shou�d be signed by m�re�han�ne person,a�I
<br /> pers�ns executin�this Se�ur�ty Inst�umen�agree that they sha�1 be j�int�y and se�reral�y b�und,�here p�rmit�ed by
<br /> �a�. � � -
<br /> SURVIVAL. Lender's ri hts �n this Securi�Instrument t�r�11 continue in Yts successflrs and ass�gms. This Security
<br /> �
<br /> Instrument is b�nd�ng on a�1 heirs,e�ecu�ors,admi�ustra�ors,assigns and successurs of Grantor.
<br /> NQTICES AND 'V�AIVER�UF NaTICE. Unless ��her�ise r�quired l�y applicable la�v, any n��ce or demand
<br /> gi�ren by Lender�o any par� is considered effec�i�e: (�} �hen it �s deposited in the Uni�ed S�ates Ma�1 v�ith the
<br /> appropriate postage; �ii} when it is sen� via eleGtronic maxl; (�i�� when �t xs sent via facsimile; ��►v} v�rhen it is
<br /> depos��ed�i�h a nationaX�y recogn�z�d overnight c�urier ser�ice; (v} Qn the day vf pers�na� deli�ery; or [vi� an�
<br /> other cflmmercially reasvna��e means.A c�py of any notice shal��e sent to ea�h par�y a��he address of�he parry
<br /> g�ven at�ie beginning of this SeGur�l.y Instrumelzt un�ess an alternati�e address has been pra�ided t� Lender �n
<br /> �rri�ing.To�he exten�permitted by�a�, Gran�or v�raives n�tice vf Lender's acceptance�f this Seeurity Instrumen�,
<br /> defenses based on suretyship,an�defense arising fr�m any e�ectian by Lender under the�[.]�n��ed States Bankruptcy
<br /> C�de, Uniforna Commercial C�de, as enac�ed �n�he state vvher� Lender is located �r ��her applicab�e la�r �r in
<br /> equity, demand, nv�ice �f accelera�i�n, notice �f n�npayment, presentm�n�, pr���s�, no�i�e of dishanor and an�
<br /> a�her n�tice. � �.
<br /> RE�iTEST F�R NQTI�ES: Gran��r reques�s that cop�es of the notice�f defau�t and no�ice of sale be sent�v the
<br /> address of ea�h party given at�he beginning flf�he Secur��y Instrument.
<br /> TU THE E�T�NT PER�VIITTED �Y �AW, GRANT�R �AIVES ANY RIGHT T� N�TICE, �THER
<br /> THAN THE N�TI�� PR�VIDED AB�VE, AND WAIVES ANY RIGHT T� ANY HEARING,
<br /> JUDICIAL �R �T�IER�YISE, PRIUR T� LT�NDER E�ER�ISIN� ITS RIGHTS UNDER THIS
<br /> SECURITY INSTRUMEN7�'.
<br /> '�AIVER �F APPRAISEMENT RI�HTS. Grantor v�raives alI appraisement r�ghts relat�.ng t� �he Pr�pert�r to
<br /> the extent permitted by la�. �
<br /> LEND]ER'S E�PENSES. Gran�nr agrees��pay a1�expenses incurred by Lender in connect��n with enf�rcement
<br /> of��s rights und�r�he Iridebtedness,�his Secur�ty Instrument or in the event Lender is made party�o any lit�gati�n
<br /> because of the exis�ence of�he Indeb��dness�r�h�s Securi�.y Instrument, as�e�I as cour���s�s, callection charges
<br /> and reasonable a�torne�s'fees and disbursements.
<br /> ASSI��ABILITY. Lender may assign vr ��herwise transfer this 5ecurity Instrument ar any of Lender's rights
<br /> under this 5ecurity Instrument wi�h�ut not�ce to Grant�r. Gran�or may not assign�his S�curity Instrument ar any
<br /> part of�he Secur�ty Instrument�i�h�ut�.ie express vvritten cvnsen�of Lender.
<br /> GQVERNI1rTG LA'L�L�. This Securz�y Instrument vti�ll he gv�ern�d by�he laws �f fhe S�a�� af Nehraska in�luding
<br /> a�l praceed�ings axising from�h�s S ecurity Instrumen�.
<br /> SEVERAI3ILITY. If a c�u.r� of competent jurisdiction determ�nes any term flr provis�on nf �h�s Security
<br /> Instrument is in�ralid ar prohib�ted b� app�icabie la�v, tha� �erm ar pr��is��n will be ineffecti�re to the extent
<br /> requ�red.Any te�-m ar provisian�Yiat has�een determined�o be invalid or prohi��ted wi�l�e severed from the res�
<br /> af the Security Instrument v��thout invalidat�ng �he rema�nder Qf�ither the affec�ed provisi�n ar thi.s Securit�
<br /> Instrumen�.
<br /> WAT�'ER �F J�CTItY TRIAL. All part�es ta this Security Instrument hereby knawingly and vn�.untari�y
<br /> wa�ve,ta the fu��est extent permYtted by Iaw,any right to trial by jury of any dxspute,whether in c�ntract,
<br /> tort,ar otherwise,arising out of,�n connection with, re�at�d to,or incidental to the relat�onsh�p established
<br /> between them in this Security Instrument or any ofh�r instrument, document �r agreement exe�uted or
<br /> delivered in connecti�n with thi5 Security Instrument or th�Reiat�d I3ocuments.
<br /> ���0�-2D14 Compliance 5ystsms,�nc.8�G5-4E63-2�I3L2.10.1.869
<br /> Commerciai Rea1 Es�ate Secu�ity Instrument�DL4407 Page 4 of5 www.compliancesystems.cam
<br />
|