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��15�3�77
<br /> DEED �F TRUST
<br /> ��onti�u�d� Page 6
<br /> pr�paring and #iling a map or plat af the Real Property, includin� the dedica�ion vf st�eets vr other rights t❑ the
<br /> public; �b� jain in granting any easement or creating any restric�ian an the Real Prop�rty; and {c� j�in in any
<br /> su�ordination or o�her a�reement affecting this Deed of Trust❑r the inter�st of Lender under this ❑eed❑f Trust,
<br /> Trustee. Trustee shall me�t a[[ quafificatians required for Trustee under appli�able law. In additian t� the rights
<br /> and r�m�dies s�t farth abo�e, with r�spect to all or any part a� the Property, the Trust�� shall ha�e the right to
<br /> fvreciose by nvti�e and sale, and Lender will ha�e �he right to foreclose by �udicial fare�lasure, in either �ase in
<br /> accardan��with and ta the#u11 extent pro�ided by applicable law.
<br /> SucGessor Trus#ee. Lender, at Lender's opti�n, may from time to time appoint a su��essar T�ustee t� any Trustee
<br /> appvinted und�r this Deed of Trust �y an instrum�nt exe�uted and acknawiedg�d by Lender and r��arded in the
<br /> vffice af th� r�c�rd�r of HALL �ounty, S�at� o� Nebraska. The instrument sha[[ contain, in addition fi❑ all ath��
<br /> ma��ers required E�y state law, the names o� the ariginal Lender, Trustee, and Trust�r, the book and page tor
<br /> computer system re�erence� where this Deed o� Trust is re�vrded, and the name and address ofi th� suc�essor
<br /> trus�ee, and the instrument shall be executed and ackn�wledged by all�he beneficiaries und�r this Deed vf Trust or
<br /> their suc�essvrs in interest. The successor trustee, wi�hout con��yanGe of the Pr�perty, shall succe�d t❑ all the
<br /> titfe, pawer, and dut�es conferred upon the Trustee in this �eed ofi Trust and by appli�able 1aw. This pracedure�For
<br /> substitution of Trustee shaf[go��rn t�the exclusion v�r aii other pro�isions for substitut�an.
<br /> N�TICES. Any notice requi�ed to be gi�en under this De�d a�Trus�t, including wi�hout limitati�n any notice of defaul�
<br /> and any n�tice vf sale shal� b� �irren in writing, and shall be e��ecti�� when actually deli�ered, when actualfy recei�ed
<br /> by teiefacsimile �unless vtherwise required by law�, when d�pasited wi�th a na#ionally r�cognized o�ernight courier, vr, if
<br /> mailed, wh�n deposited in the lJnited States mail, as first class, �er�ified or register�d mai� postage prepa�d, directed to
<br /> the addresses shown near th� i�eginning of this Deed of Trust. All cop'res of notices ❑f #or�cl�sure fram the halder �f
<br /> any I�en which has prior�ty o��r �his Deed of Trus� shall be sent �o Lender's address, as shown near the beginning vf
<br /> this Deed of Trust. Any person may �hange his or her addr�ss f�r n�t�ces under this �eed of Trus� by gi�ing farmal
<br /> written notice to �he other person ar persans, specifying that the purpose of the nvtice is to change the person's
<br /> address. Far noti�e purposes, Trustvr agrees tv keep Lender in�ormed at a[[tim�s vf Trustor's �urrent addr�ss. Unless
<br /> otherwise pro�ided vr required by law, if th�re is more �han one T�ustvr, any nvtice gi�en by Lender�o any Trustor is
<br /> deem�d tv be nvtice given to a�(Trustors, It will be Trus�or's resp�nsibility t❑fie[I the v�hers o�the noti�e from Lender.
<br /> MISCELLANE�US PR�V1510NS. The�ollawing miscellaneous prv�isions are a part of this Deed o�Trus�:
<br /> Amendments. What is written in this �eed of Trust and in the Related Dv�uments is Trustvr's en�ire agreement
<br /> with Lender cancernin� the matt�rs co�ered by this Deed vf Trust. To be effecti�e, any change or amendment ta
<br /> this Deed o�f Trust must be in writing and mu�� be signed by whQe�er will be bvund ar ohligated by th� change or
<br /> amendment.
<br /> Captivn Headings. Caption headings in this ❑eed of Trust are far �an�enien�e purpvs�s anly and ar� nt�t tv f�e
<br /> used to interpret ar define the pro�isivns af�his Deed af Trust.
<br /> Merger. There shaif be no merger af the interest o�estate creat�d �y this Deed of Trust with any other interes�or
<br /> estate in�he Praperty at any time held by vr for the �en�fit❑f Lender in any capacity, withvu��he written �vnsent
<br /> af Lender.
<br /> Go�erning Law. This Deed a� Trus� will he gaWerned by federal law appii�able to Lender and, tv the extent nv�
<br /> preempted hy federal Iaw.#he laws of the State o�Nebraska withou�regard to i�s con�fl��ts of law pro►►isians. This
<br /> Deed of Trust has been accep�ed by Lender in the 5tate�#Nebraska.
<br /> Choice vf V�nue. Ifi there is a lawsuit, Trustor agrees upvn Lender's requ�st to submi� �❑ the jurisdictivn o� the
<br /> courts a�F Hall Caunty, 5tate v�f Nel�raska.
<br /> Joint and Se�eral Liabiiity. All obligafiivns o� B�rrawer and Trustor under this Deed vf Trust shall be �vint and
<br /> se�eral, and all references�v Trus�ar shall m�an each and e�ery Trus�or, and all refer�nces tv Bvrro►rv�r shall mean
<br /> each and e�ery gorrawer. This means that each Trustvr signing belvw is respvns�hle fvr all obligat'rans in this D�ed
<br /> vf Trust.
<br /> No 1rVai�er by Lender. Trustvr understands Lender will not gi�� up any❑f Lender's rights under this Deed ��Trust
<br /> uniess Lender dves so in writing. The fia�t that Lender delays or vmits ta exercise any ri�h� ►nrill not msan that
<br /> Lender has gi��n up that right. lf L�nder do�s agree in w��ting to gi�e up one vf Lender's rights, that does na#
<br /> mean Trustar will no� ha�e to c�mply with the ❑ther prv�isions of th�s Deed af Trust. Trustor also understands
<br /> that if Lender daes cansent ta a request, tha# daes not mean tha� Trustor will no� ha�e �o get Lender's consent
<br /> again if the si�ua�ion happens again. Trustar fur�her understands that just be�ause L�nder cansents to one or mvre
<br /> af Trustor's requests, that dves not mean Lender will be I'��IJiCQ�I �D CDf15En� �D any �$T�uS#pl'`s futur� requests.
<br /> Trustor wai��s presentment, demand for payment, profiest, and natice a�dishonor.
<br /> 5e�erability. lf a court finds tha� any pro�isian v�this aeed of Trust is nvt �alid or should no� b� enfvrced, that
<br /> fa�� by itself uvill nat mean that the rest vf this Deed of Trust will nat be �alid ar en�orced. Therefvre, a court will
<br /> enfvrce the rest a�the pro�isivns af this Deed❑f Trust��en if a pro�ision o��his Deed of Trust may be found to be
<br /> invalid or unen#orceable.
<br /> Successors and Assigns. Subje�t to any limitations stated in this Deed vf Trust on transfer of T�ustar's interest,
<br /> this Deed of Trust shall be bindin� upan an�1 inure t� �he benefit vf the parties, th�ir suc�essvrs and assigns. I�f
<br /> ownership vf the Property becomes rr�s�ed in a pers�n ather than Trus�ar, Lende�, with�ut natic� �o Trustor, may
<br /> deal with Trustor's successvrs with refer�nce to this D�ed af Trus�and fihe Indebtedness by way of forbearance vr
<br /> extens�on w�thaut releasing Trustor�rom�he obfigatians of this De�d a�Trust or{iability under the Indebt�dness.
<br /> Time is vf the Essen�e. Time is of the essence in the perfvrman�e af this ❑eed of Trust.
<br /> Vllai�er of Homestead Exemptian. Trustvr hereby releases and wai��s af[ rights and b�nef�ts vf the hom�stead
<br /> exemptian laws of the State of N�bras�a as to all Indebtedness secured by this Deed ❑f Trust.
<br /> DEFINITIDNS. The follow�ng w�rds shall have�he fallov►ring meanings when used in this Deed o�Trus�:
<br /> Benef�ciary. The word "Benefi�iary" means Exchange Bank, and �fis successors and assigns.
<br /> Borrower. The ward "gorrower" means RAQUEL SANTIAG� RAMERIZ and JUAN F PEREZ-SUCHfTE and includes
<br /> aff c��signers and �o-makers signing�he �redi�Agreement and aff their successars and assigns.
<br /> Credit Agreement. The words "Cr�dit Agreement" mean�he �redit agreement dated May ��, ��15, with credit
<br /> ��mit of �3�,��(j.�� �rom Borrvw�r ta Lender, �vgether with all renewals v�, extensions v�, m�difications �f,
<br /> refinancings �f, �onsolida�ians ��, and substitut�ons fvr the promissory note or agre�ment. N�TICE TQ TRUST�R:
<br /> THE�REDIT AGREEMENT CDNTA�NS A VARIABLE INTEREST RATE.
<br /> Deed of Trust. The words "D�ed o� Trust" mean this Deed af Trust among Trustar, Lender, and Trustee, and
<br /> includes without iimitativn a!i assignment and security interest pro�isians relating tv the Personal Prvperty and
<br /> Rents.
<br /> En►►iranm�n�al Laws. The ►rvords "En�ir�nmental Laws" mean any and aff state, federa� and iocal statutes,
<br /> regufations and ordinances relating tQ the prote�tion of human hea�th or the en�ironment, including without
<br /> limitation the Cvmprehensi�e En�irvnmental Respvnse, Campensation, and Liability Act o� 19$�, as amend�d, 4�
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