|
��15�51U1
<br /> aEED �F TRUST
<br /> L�an Nn: ']�7��7�'1� {��ntirlued� � Page 8
<br /> reports, and appraisal fees, �kit�e insurance, and fees for the Trustee� t❑ the extent permi-��ed by appii�able fav�r.
<br /> T�ustvr also wi!!pay any caurt costs, in addi�ion to all oth�r sums provided by law.
<br /> Rights of Trustee. Trus�ee sha!! have all of�he rights and duties❑�Lender as set forth in thEs sec�ion.
<br /> P�IJVERS AND QgLIGATIDNS �F TRUSTEE. The�allowing Qra�isions relating to the powers and ok�ligations v�Trus�ee
<br /> are pa�t o�this Deed❑f Trust: ' � '
<br /> Pvwers �f Trustee. ln addi�tion ta al� powers o�Trus�ee arising as a matfier o�law,Trustee shall ha�e the power t❑
<br /> �ake�he following actions with respect to the Property upvn�he written request flf Lender and Trustar: 4a}join in
<br /> preparing and filing a map ar plat ❑f the Real Property, including the dedication a# streets or o�her rights tv �he �
<br /> public; {b}.join in �ranting any easement or creating any res�ric�ion ❑n �he Real Property; and �c� jain in any
<br /> subardina�ion❑r❑the�agreement af��cting�his ❑eed ❑f Trust or the interest of Lender under this Deed af Trust.
<br /> Trustee. Trus�ee shal! rneet all quali�rications required fvr Trustee under applicable faw. ln additian ta the righ�s
<br /> and r�medies set farth aba�e� with respec��a aE� ❑r any part ofi the Praperty, the Truste� shall ha�e the right to
<br /> forecfose �y notice and sale, and Lender shall ha�e the right to -�ore�l�se by judicial fareclosure, in ei�her case in
<br /> accardan�e wi�h and ta th�full e�tent pra�ided by applicable law.
<br /> Successar Trus#ee. Lender, at Lender's option, rnay from tirne to tirne app�int a successor Trus�ee tv any Trustee
<br /> appoint�d under�his Deed o�Trust by an instrumenfi executed and acknvwledged hy Lender and reGarded in�he
<br /> of�ice ofi fihe recarder of Hall Caunty, 5fia'te ❑f N�braska, The instrurnen� shall can�ain, in addition to all o�her
<br /> mat�ers required by state law, the names vf the ❑rigina[ Lende�, Trustee, and Trus�Cor, �Che baok and page {ar
<br /> computer system refierence} where this ❑eed af Trust is recarded, and the name and address ❑f the successar
<br /> trust�e, and the instrument shall be ex�cuted and a�knowledged�y all the bene#iciaries under thEs Deed of Trus�❑r
<br /> th�ir successors in interest. The successor�trus�ee, withaut cvn�eyance ot the Proper�y, shall succeed to all the
<br /> title, pawer, and duties cvn�Ferred up�n the Trustee in this ❑eed❑f Trust and hy applica}�le [aw. This proc�dur�far
<br /> substitution o�Trustee shal[go�ern to the exclusi�n❑f a!I c�ther pro�Esions for substitu�ian.
<br /> NQTICES. Any not��e required to be gi�en und�r�his ❑eed ❑�T�-ust, inc[uding withou� limitation any notice of defaul�
<br /> and any notice of sale sha11 be giWen in writing, and shafl be effec�i�e when a��ually deli�ered, when actually recei�ed
<br /> by telefacsimile �unfess vtherwise required by law�,when depasited with a natianally recognized o�ernight courier, or, if
<br /> mailed, when deposited in�he United States rnai[, as first class, certified or regis�ered maii pvstage prepaid,dire�ted to
<br /> the addr�sses shown near the beginning of this L�eed a�Trust. AI� copies of nvtices o�foreclosure�€rom the hvlder ❑�F
<br /> any lien whi�h has priarity v�er this Deed of Trust shall be sent ta Lender's address, as shown near the beginning ❑f
<br /> this ❑eed o�Trust. Any party may change Ffis address for nafi�ees under this Deed o�Trus� by giVin� �arma! written
<br /> no�ice to �he ❑ther partiesr specifying �hat the purpose ❑� the nati�e is to �hange �he party's address. For no�i�e
<br /> purpases, Trustar agrees ta ke�p Lender in�ormed at all tirnes of Trus�or's curr�nt address. Unless o�herwise provided
<br /> or required by law, ifi the�e is more than❑ne Trust�r, any noti�e gEWen by Lender to any Trustvr is deemed�o he notice
<br /> gi�en�a a�l Trus�ars. �
<br /> M15CELLANEDUS PRaV151DN5. The followEng rniscellaneous provisi�ns are a part a�this Deed af Trust:
<br /> Amendments. This D�sd af Trus�,�ogether with any Refated Dv�uments, constitutes the entir�understanding and
<br /> agreement of the parties as to�he matters set farth in this Deed o#Trust. No al��ra�ivn o�or amendment�o this
<br /> Deed ❑f Trus�shall be e�fiec#ive unless gi�en in wri�ing and signed by�he party❑r parties sought to be charged ar
<br /> bound by the al�eratian or amendment.
<br /> Annua� Reparts. lf �he Prvperty is used for purposes othe� �than T�ustor's res�dence, Trustar shall �urnish t❑
<br /> L�nderr upon request, a certified statement vf net ❑pera�king in�ame re�ei�ed from �he Property during Trus�or's
<br /> pre�i�us �Fiscal year in such farm and detail as Lender shall require. "Net operating income" shalf inean all �ash
<br /> receipts from�he Property less al!cash expendifiures made in�onne�tion wifih the operation❑f�he Prapert�.
<br /> Gap#ion Headin�s. Cap�ian headings in this Deed of Trus# are for �on�enience purpases anly and are no�to be
<br /> used to infierpret❑r define the pro�isions❑�this ❑eed o�Trust.
<br /> Merger. There shalE be n❑ merger ofi fihe in�Cerest or estat�crea�ted by�Chis De�d af Trus�with any❑�her in�terest or
<br /> estate in the Praperty at any�ime held by or fiar�he i�enefi�of Lender in any capacity, withaut the written�onsen�
<br /> af Lender.
<br /> Gaverning Law. This Deed of Trust wi11 he gvverned hy federal law appii�able tv Lender and,to the exten�nat
<br /> preempted by federal Iaw,the laws of the Sta#e a�Nebraska withvut regard#o i#s conflicts v#law prvvisivns. This
<br /> Deed af Trust has been accepted by Lender in the 5tate of Nebraska.
<br /> Choice of Venue. If there is a lawsuit, Trustar agrees upon L�nder's reques�fia submit ta the jurisd�ction ❑�the
<br /> cvurts o�Ha[I County, State of hlebraska. �
<br /> No V�aiver by Lender. Lender shail nat be deemed to have v+iai�ed any r-igh�s under this Deed vf Trust unless such
<br /> wai�er is given in wri�ing and signed by L�nder. No delay ar amissivn vn the part af L�nder in exercising any righ�
<br /> sha�E�perate as a wai�er❑fi such right ar any other right. A wai�er by Lender❑f a pro�ision of this Deed of Trust
<br /> shall not prejudiGe ar constitute a wai�er of Lender's right atherwise ta demand strict comp[iance with fiha�
<br /> � pro�ision or any other pro�ision af this Deed o� Trust. No pri�r wa��er by Lender, nor any course of dealEng
<br /> between Lender and Trustor, shall constitute a wai�er of any vf Lender's rights ar of any vf Trustor's obligatians
<br /> as to any future�ransa�tions. V1lhen��er�he consent of Lend�r is required under this D�ed ❑f Trust. the granting
<br />
|