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�2-2'i-1999 DEED OF TRUST 2 0 p � � 112 3 Page 5 <br /> �oan No 1045079 (Continued) <br /> against the Trustor to the extent such action is permitted by law. <br /> Fiequest For Notice. Trustor,on behalf of Trustor and Lender, hereby requests that a copy of any Notice of Default and a copy of any Notice <br /> of Sale under this Deed of Trust be mailed to them at the addresses set forth in the first paragraph of this Deed of Trust. <br /> Waiver; Election of Remedies. A waiver by any party of a breach of a provision of this Deed of Trust shall not constitute a waiver of or <br /> prejudice the party's rights otherwise to demand strict compliance with that provision or any other provision. Election by Lender to pursue any <br /> remedy provided in this Deed of Trust, the Credit Agreement, in any Related Document, or provided by law shall not exclude pursuit of any <br /> other remedy,and an election to make expenditures or to take action to perform an obligation of Trustor under this Deed of Trust aHer failure of <br /> Trustor to perform shall not affect Lender's right to declare a default and to exercise any of its remedies. <br /> Attorneys'Fees;Expenses. If Lender institutes any suit or action to enforce any of the terms of this Deed of Trust, Lender shall be entitled to <br /> recover such sum as the court may adjudge reasonable as attorneys' fees at trial and on any appeal. Whether or not any court action is <br /> involved,all reasonable expenses incurred by Lender which in Lender's opinion are necessary at any time for the protection of its interest or the <br /> enforcement of iis rights shall become a part of the Indebtedness payable on demand and shall bear interest at the Credit Agreement rate from <br /> the date of expenditure until repaid. Expenses covered by this paragraph include, without limitation, however subject to any limits under <br /> applicable law,Lender's attorneys'fees whether or not there is a lawsuit,including attorneys'fees for bankruptcy proceedings(including efforts <br /> to modify or vacate any automatic stay or injunction), appeals and any anticipated post—judgment collection services, the cost of searching <br /> records, obtaining title repo�ts(including foreclosure reports), surveyors'reports,appraisal fees,title insurance,and fees for the Trustee,to the <br /> extent permitted by applicable Iaw. Trustor also will pay any court costs,in addition to all other sums provided by Iaw. <br /> Riyhts of Trustee. Trustee shall have all of the rights and duties of Lender as set forth in this section. <br /> POWERS AND OBCIGATIONS OF TRUSTEE. The following provisions relating to the powers and obligations oi Trustee are part of ihis Deed of <br /> Trust. <br /> Powers of Trustee. In addition to all powers of Trustee arising as a matter of law,Trustee shall have the power to take the following actions <br /> with respect to the Property upon the written request of Lender and Trustor: (a)join in preparing and filing a map or plat of the Real Property, <br /> including the dedication of streets or other rights to the public; (b)join in granting any easement or creating any restriction on the Real Property; <br /> and (c)join in any subordination or other agreement affecting this Deed of Trust or the interest of Lender under this Deed of Trust. <br /> Trustee. Trustee shall meet all quaiifications required for Trustee under applicable law. In addition to the rights and remedies set forth above, <br /> with respect to all or any part of the Property,the Trustee shall have the right to foreclose by notice and sale,and Lender shall have the right to <br /> foreclose by judicial foreclosure,in either case in accordance with and to the full extent provided by applicable law. <br /> Successor Trustee. Lender,at Lender's option, may from time to time appoint a successor Trustee to any Trustee appointed hereunder by an <br /> instrument executed and acknowledged by Lender and recorded in the o�ce of the recorder of HALL County, Nebraska. The instrument shall <br /> contain, in addition to all other matters required by state law, the names of the original Lender,Trustee, and Trustor, the book and page (or <br /> computer system reference)where this Deed of Trust is recorded,and the name and address of the successor trustee,and the instrument shail <br /> be executed and acknowledged by all the beneficiaries under the Deed of Trust or their successors in interest. The successor trustee,without <br /> conveyanca of the Property,shall succeed to all the titie,power,and duties conferred upon the Trustee in this Deed of Trust and by applicable <br /> law. This procedure for substitution of trustee shall govern to the exclusion of all other provisions for substitution. <br /> NOTICES TO TRUSTOR AND OTHER PARTIES. Any notice under this Deed of Trust shall be in writing, may be sent by telefacsimile (unless <br /> otherwise required by law), and shall be effective when actually delivered, or when deposited with a nationally recognized overnight courier, or, if <br /> mailed,shall be deemed effective when deposited in the United States mait first class, certified or registered mail, postage prepaid, directed to the <br /> addresses shown near the beginning of this Deed of Trust. Any party may change its address for notices under this Deed of Trust by giving formal <br /> written notice to the other parties,specifying that the purpose of the notice is to change the party's address. All copies of notices of foreclosure from <br /> the holder of any lien which has priority over this Deed of Trust shall be sent to Lender's address,as shown near the beginning of this Deed of Trust. <br /> For notice purposes,Trustor agrees to keep Lender and Trustee informed at all times of Trustor's current address. <br /> MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of this Deed of Trust: <br /> Amendmenls. This Deed of Trust,together with any Related Documents,constitutes the entire understanding and agreement of the parties as <br /> to the matters set forth in this Deed of Trust. No alteration of or amendment lo this Deed of Trust shall be effective unless given in writing and <br /> signed by the party or parties sought to be charged or bound by the alteration or amendment. <br /> Applicable Law. This Deed of Trust has been delivered to Lender and accepted by Lender in the State of Nebraska. This Deed of Trust <br /> shall be governcd by and construed in accordance with the laws of the State of Nebraska. <br /> Caption Headings. Caption headings in this Deed of Trust are for convenience purposes only and are not to be used to interpret or define the <br /> provisions of this Deed of Trust. <br /> Merger. There shall be no merger of the interest or estate created by this Deed of Trust with any other interest or estate in the Property at any <br /> time held by or for the benefit of Lender in any capacity,without the written consent of Lender. <br /> Multiple Parties. All obligations of Trustor under this Deed of Trust shall be joint and several,and all references to Trustor shalt mean each and <br /> every Trustor. This means that each of the persons signing below is responsible for all obligations in this Deed of Trust. <br /> Severability. If a court of competent jurisdiction finds any provision of this Deed of Trust to be invalid or unenforceable as to any person or <br /> circumstance, such finding shall not render that provision invalid or unenforceabie as to any other persons or circumstances. If feasible, any <br /> such offending provision shall be deemed to be modified to be within the limits of enforceability or validity; however, if the offending provision <br /> cannot be so modified,it shall be stricken and all other provisions of this Deed of Trust in all other respects shall remain valid and enforceable. <br /> Successors and Assigns. Subject to the limitations stated in this Deed of Trust on transfer of Trustor's interest, this Deed of Trust shall be <br /> binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property becomes vested in a person <br /> other than Trustor, Lender, without notice to Trustor, may deal with Trustor's successors with reference to this Deed of Trust and the <br /> Indebtedness by way ot forbearance or extension without releasing Trustor from the obligations of this Deed of Trust or liability under the <br /> Indebtedness. <br /> Time Is of the Essence. Time is of the essence in the performance of this Deed of Trust. <br /> Waivers and Consents. Lender shall not be deemed to have waived any rights under this Deed of Trust(or under the Related Documents) <br /> unless such waiver is in writing and signed by Lender. No delay or omission on the part of Lender in exercising any right shall operate as a <br /> waiver of such right or any other right. A waiver by any party of a provision of this Deed of Trust shall not constitute a waiver of or prejudice the <br /> party's right otherwise to demand strict compliance with that provision or any other provision. No prior waiver by Lender, nor any course of <br /> dealing between Lender and Trustor, shall constitute a waiver of any of Lender's rights or any of Trustor's obligations as to any future <br /> transaciions. �#fieriever cor�sent by�e�der is requir�d in this Deed of Trust, the granting of such consent by Lender in any instance shall not <br /> constitute continuing consent to subsequent instances where such consent is required. <br /> Waiver of Homestead Exemptlon. Trustor hereby releases and waives all rights and benefits of the homestead exemption Iaws of the State of <br /> Nebraska as to all Indebtedness secured by this Deed of Trust. <br /> EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST,AND EACH TRUSTOR AGREES TO ITS <br /> TERMS. <br /> TRUSTOR: <br /> . <br /> � � <br /> X ��� - ' X / <br /> DARWIN i.DAILY VERONICA S DAILY <br /> �` � "t � � <br /> . . A „ . <br />