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� ��15��355 [3EED �F TRUST ' Laan Nv: ��849'i 5 ��ontinued� Page 9 pre�ious fiscal year in su�h form and de�ail as Lender shal� requi�e, "Net operating income" shall mean al� cash �eceipts from the Proper�y less ail cash expendi�ures made in cannectian with the apsrat�an af the Property, Gap�ivn Head�ngs. Caption headings in �his �eed ❑f Trust are �or can�enience purpases ❑n�y and are na� t❑ be � used to in�erpre�or de�ine the provisians ❑f�his ❑eed of Trust. ' Merger. There shajl be no merger o�the in�eres�vr es�a�e crea�ed by�his aeed afi Trust with any other sn�eres�or I �state in the Property at any time hefd by�r�or the benefit ofi Lender in any capaci�y, withou��he w�itten cansent of Lender. Governing Law. This Deed of Trust will be go�erned by federal [aw applicahie �o Lender and, to #he extent nat preemp�ed by federal �aw,fhe laws o��he Sta�e o�Nebraska withou�regard�o i�s canflicts of law prvvisions. This Deed of Trus�has been accepted by Lender in the Sta�e of Nebraska. Ghoice o#Venue. If there €s a lawsuit, Trustor agrees upon Lender's �-equest �❑ submit to the jurisdic�ivn o� the courts nf Hai� County, 5tate��Ne�rasl�a, No 1JVaiver by Lender. L�nder sha�I no� be deemed t❑ ha�e wai�ed any righ�s under this ❑eed af Trus� unless such wai�er is gi�en in writ�ng and signed by Lender. No delay or omiss�on an the part o�Lender in exercising any right shall operate as a waiver af su�h right ar any o�her r�ght. A waiver by Len�er of a prv�ision ❑f this Deed o�T�ust shall nofi prejudice vr consti�ute a wai�er ❑f Lender's righ� otherwise to demand stric� complianc� with that provis�vn vr any v�her prv�ision af this Deed af Trust. N❑ privr waiver by Lender, nor any caurse ❑f dealing between Lender and Trustar, shall constitu�e a wai�er o� any ❑� Lender's �Fghts ❑r of any of Trustor's vbligafiions as to any #uture t�ansactions. Whene�er�he cansent vfi Lender is required under this ❑eed of Trust, the granting of su�h consent by Lender in any instance shall not constitute cvntinuing consen�ta subsequent instan�es where su�h cvnsent is requEred and in a�4 cases such cansen�may be granted �r withheld in the sole discretian ❑f Lender. 5everabi�ity. I� a court �f cvmpetent jurisdi�t�vn finds any pro�ision ❑f this Deed of Trus�to be ilfegal, in�alid, or unenfar�ea�le as to any cir�umstance, #ha� finding shall no� make �he ❑#fending prv�ision illegal, in�alEd, or unenforceable as ta any other circumstance. ff feasible, the v�fending pra�ision shall be considered modifiEed s❑ that it becomes legal, �alid and �nforceable. If the ❑f�ending pra�isivn cannot be s❑ mvdi��ed, i� shall be cons�dered dele�ed �fr�m #his Deed ❑t Trust. lJnless otherwise required by law, the illegality, in�ali�ity, ❑r unenforceabi�ity vf any pro�isian vf this Deed ❑f Trus�shall nat affect the legafity, validity ❑r enforceabifity of any other pra�ision ❑f this aeed of Trust, Su�cessors and Assigns. 5ul�ject �a any limitat�ons s�a�ed in this Deed o�Trust on transf�r ❑�Trustor-'s interes�, this ❑eed of Trust shall be binding upan and inure to fihe benefii� af the parties, their successvrs and assigns. lf awnership ❑f the Proper�y becomes �ested in a person a�her than Trustor, Lenderr wi�hou� na�ice �o Trus�or, may deal with Trustor's successors with reference�o this ❑eed ❑f Trust and�he Indebtedn�ss by way of�arbearance or extension wi�hout releasing Trustor frvm�he obligativns of this Deed of Trust or liability under the Indel�fiedness. � Time is v�#he Essence. Time is of the essence in the per�ormance of this Deed of Trust. � Waiver o� Homes�ead Exemp#ion. Trustor hereby releases and wai�es all rights and benefits af the hvmesfiead exempti�n laws ❑f the Stafie of Nebraska as t❑ all �ndebtedness secu�ed by th�s Deed ❑�F Trust. DEFIN1Tl�NS. The following capi�alized words and �erms shall have�he fv3lowing meanings when used in this �7eed ot � Trust. Unless specifical�y stated t❑ �he con�rary, all �e�ferences to doljar amounts shall mean amaun�s in lawful money I of the Uni�ed 5ta�tes ❑f America. Words and fierms used in the singular shall include the plural, and the plural shall include the singu�a�, as �he context may requ�re. VVords and fierms nvt otherwise de�ined in this Deed of Trus�t shall � have the meanings attributed�❑ such terms in the Uniform Commercial Cvde: Beneficia�y. The word "Beneficiary" means Fi�e Points 6ank, and its successors and assigns. �3orrower. The w�rd "Bvrrawer" means TAMMY PHAM and inctudes a�� cv�signers and co-makers sign�ng the Nflte � and a��their successors and assigns. Deed af Trusf. The wvrds "Deed of Trust" mean this ❑eed of Trus� among Trustvr, Lenderr and Trustee, and includes withaut limitativn al1 assignment and security in�eres� pro�isians relating t❑ the Personal Proper�y and Rents. � DefauEt. The word "flefault" means the Default set for�h �n this Deed o#Trust in the section�itled "Defau�t". Environmenta� Laws. The wards "En�ironmental Laws" mean any and a�! state, fiederal and Ivcal statutes, ' regulations and ❑rdinances rela�ing �v �he prvtectivn af human heafth or the en�ironment, in�luding without �imitation the Comprehensi�e En�ironmsntal Resp�nse, Cvmpensati�n, and Liabifity Act af 198�, as amended, 42 U.S.C. S�c�ian 9�D1, et seq. {"CERCLA"}, the 5uperfund Amendments and Reauthoriza�ion Act af �98G, Pub. L. No. g9-499 {"SARA"},the Ha�ardous Materials Transpor�ativn Act, 49 IJ.S,C, Sectian '�8�1, et seq.,the Resource Cvnser�ation and Recavery Act, 4� U.S,C. Sectian 59D1, et seq,, or ❑ther applica�le s�ate or federal laws, rules, or regu�ations adopted pursuan�thereta. Even�n�❑efauft. The words "E�ent vf Defaul�" mean any af the e�enfis o�defau�t set f�rth in this Deed of Trust in the events of defiaul�section af this Deed of Trust. Cuaranty, The ward "Guaran�y" means�he �ua�anty trom guarantvr, endorser, sure�y, ar accammodation parfiy ta