201503758 - Laserfiche WebLink

Browse

Willoughby Deed of Trust, Assignment of Rents, Security Agreement, and Fixture Filing Loan no. 197694 18 201503753 Documents to any other Person. Beneficiary may disclose to any actual or proposed transferee any information that Trustor has delivered to Beneficiary in connection with the negotiation of this deed of trust or pursuant to the Secured Obligation Documents; and Trustor shall cooperate fully with Beneficiary in providing that information to any actual or proposed transferee. 12.12 Rights and Remedies Cumulative. All rights and remedies under this deed of trust and the Secured Obligation Documents are cumulative, and the exercise of any one or more of them does not constitute an election of remedies. 12.13 Severability. Any provision of any Secured Obligation Document which is prohibited or unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions of that Secured Obligation Document or affecting the validity or enforceability of that provision in any other jurisdiction; except that if such provision relates to the payment of any monetary sum, then Beneficiary may, at its option, declare all Secured Obligations immediately due and payable. 12.14 Amendments in Writing. This deed of trust may not be amended, changed, modified, altered or terminated without the prior written consent of Beneficiary. 12.15 Governing Law. This deed of trust shall be governed exclusively by the laws of the State of Nebraska without regard or reference to its conflict of laws principles. 12.16 Counterpart Execution. This deed of trust may be executed in counterparts, each of which will be an original and all of which together are deemed one and the same instrument. 12.17 Necessary Action. Trustee and Beneficiary is authorized to execute any other documents or take any other actions necessary to effectuate this deed of trust and the consummation of the transactions contemplated herein. 12.18 Time of the Essence. Time is of the essence of this deed of trust. 12.19 No Construction Against Drafter. Each Party has participated in negotiating and drafting this deed of trust, so if an ambiguity or a question of intent or interpretation arises, this deed of trust is to be construed as if the parties had drafted it jointly, as opposed to being construed against a Party because it was responsible for drafting one or more provisions of this deed of trust. [REMAINDER OF PAGE INTENTIONALLY BLANK] Rev. 1.7.2015