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2� 15�7422
<br /> �EE� ��F TRusT
<br /> Loan Na: 7�'l�9�'i 4'i �Continued} Page S
<br /> POWERS AN� �BLIGATI�NS ❑F TRUSTEE. The fo�fowing pr��isi�ns ref ating to�he powers and obligations o�Trus�ee
<br /> are part o�r this �eed a�f Trust:
<br /> Powers of Trustee. [n addition to all pawers o�Trustee arising as a ma�ter vf Eaw, Trustee shall haWe the pvwer�v
<br /> fiake the�vE[vwing activns with respect to the Properky upon�khe written request of Lender and Trustor: �a}jvin in
<br /> �reparing and �iling a map or plat o� the Real Pr�perty, including �he dedica�ion vf streets or other righ�s ta the
<br /> public; {by �vin in granfiing any easement or c�-eating any restrictian on the Rea� Prop�rty; and �c} join in any
<br /> subardination or other agreement afFecting this Deed of Trust or the interes�o�Lender under this ❑eed vf Trust,
<br /> Trustee. Trus�ee shall meet all quali�ications required for Trustee under appli�able faw. ln addition �o fih� rights
<br /> and �-emedies set�vrth abo�e, wifih respect to all ❑r any part of the Proper�y, �he Trustee shall ha�e the right ta
<br /> fo�-ec�ose by no�ice and sale, and Lender shall haWe the �-ight to forecfose by judicial foreclosure, in either case in
<br /> accordance wi�kh and ta the full extent pro�ided by applicable law.
<br /> Successor Trustee. Lender, a�Lender's ap�ion, may from time�v fiime appoint a successvr Trusfiee�o any Trustee
<br /> appv�nted under this Deed ❑f Trust by an instrumen� exe�uted and acknowledged by Lender and r�carded in the
<br /> ❑ffice o� the recarder of HALL Cvunty, State vf Nebraska. The ins�rument shal! contain, in addition �o ali ❑ther
<br /> mafi�ers required by state 1aw, the names of the original Lender, Trusfiee, and Trustor, fihe bvvk and page {or
<br /> �omputer system re�erence� where this aeed ❑f Trust is recarded� and the name and address v� the successor
<br /> trustee, and�he�ns�rument shall be executed and acknowledged by aEE the beneficiaries under this aeed of Trust or
<br /> their successors in inter-est. The successor trustee, without �vn�eyance vf the Property, sha[� succeed �o all the
<br /> �k��kle, power, and dut�es conferred upvn�he Trustee in this ❑eed ❑f Trus�and by applicable law. This procedure�or
<br /> subsfiEtution o�Trustee shall gv�ern to the exclusion of all o�her pro��sivns for subs�i�uti�n.
<br /> N�TiCES. Any nvtice required to be gi�en under this �eed of Trust, includFng withou� limitation any noti�e vf default
<br /> and any no�tice o�sale shal� be gi�en in writ�ng, and shall be effecti�e when actua�ly deli�ered, when actua��y receiWed
<br /> by tele�aGsimil� {unless v�herwise required by law�, when deposited with a nat�onally recognized o�ernigh�courier, or, if
<br /> mailed, when depvsited �n the United 5tates mail, as�irsfi cfass, �ertified or regis�ered mail posfiage prepaid, dire�ted fio
<br /> �he addresses sh�wn near the beginning o�fihis Deed vf Trust. All capies o� notices of foreclasure �rom the holder ❑fi
<br /> any �ien which has p�iority ❑�er�his Deed o�Trus� shall be sent fio Lender's address, as shown near the beginn�ng ❑�
<br /> �his L�eed ❑� Trust. Any party may change its address -�or notices under this ❑eed o� Trust by gi�ing formal writ�en
<br /> notice t❑ �he other parties, spe�ifying that �he purpose v� the na�tice is t� �hang� fihe party's address. Fvr notice
<br /> purpases, Trustor agrees tv keep Lender inform�d a�all �imes o�Trustar's current add�ess. Unless o�herwise pra�ided
<br /> vr required by iaw, if there is more than one Tr.ustvr, any notice gi�en 1�y Lender�tv any Trustvr is deemed fi❑ be nvfii�e
<br /> gi�en to all Trustors. .
<br /> IUIISCELLANEDUS PRDVISIQNS. The�oliowing miscellaneous pra�isians are a part vf th�s Deed ❑�f Trust:
<br /> Amendments. This aeed o�f Trus�, together with any Relafied ❑v�uments, cvnstitutes the entire understanding and
<br /> agreemen� af the parties as fio�he matters set forth in�his ❑eed af Trust. No al�eration of or amendment fi❑ this
<br /> aeed of Trust shali be effec�i�e unless gi�en in writin� and sEgned by the par�y ❑r parties sought t❑ �e charged or
<br /> bvund by�he alte�-ation or amendment.
<br /> Annuai Repvrts. If �he Property is used fvr purposes v�her than Trus�vr's residen�e, Trustvr shall fiurnish tv
<br /> Lende�-, upon reques�, a certi�ied statement ❑� net opera�ing in�ome recei�ed from �he�Property dur�ng Trus�or's
<br /> pre�ious fis�al year in such form and detail as Lender sha�l require. "Ne� operating income" sha1� mean all cash
<br /> re�eipts�ram the Property less al[cash expendifiures made in connection wi�h the aperafiion v�F fihe P�-oper�y.
<br /> Capfion Headings. Caption headings in this ❑eed nf Trus� are �or cvn�enien�e purposes ❑n�y and are nnt to be
<br /> used�❑ interpre�❑r define the pr��isions ot�his Deed vf Trust.
<br /> Merger. There shall be no merger��the in�erest❑r estate crea�ted by this Deed of Trust with any v�her infierest or
<br /> es�afie in�he Prvperty a�any�ime held by or far�he benefi�o� Lender in any capacEty, without the writt�n cvnsen�t
<br /> vf L�nder.
<br /> Gnverning Law. This Deed of Trust will be go►►erned by �ederal law applicab�e #v Lender and, to the extent not
<br /> preempted hy�ederal law,the laws of the Stafie of Nehraska without r�gard to its con#�icts o��aw prvvisions. This
<br /> Deed vf Trust has heen accep�ed hy Lender in the State v�Nebraska.
<br /> Choi�e o�Venue, Ef there is a lawsuit, Trustor agrees upon Lender's request�a submit to th� �urisdictian vf the
<br /> courts of Hall Caunty, S�a�e of Nebraska.
<br /> Nv Vlla�ver by Lender. Lender shall nvt he deemed ta ha�e wai�ed any righfis under this Dged of Trust unless such
<br /> wai�er is gi�en in writing and signed �y Lender. N� de[ay or omission vn the part of Lender in exercising any right
<br /> shall operate as a wai�er of su�h right or any o�her rEght. A wai�er by Lender❑�f a pro�ision o-�this Deed af Trust
<br /> � shall na� pr-ejudice or constitute a wai�er o� Lender's righ� afiherwise to demand strt�t compfian�e with tha�
<br /> pro�isi�n �r any other prv�ision of �his Deed ❑f Trust. iVa prior wai�er by Lender, nor any course o� deaiing
<br /> between Lender and Trustor, shall cvnsti�ute a waE�er v� any ❑t Lender's rights ar o# any of Trus�or's abliga�kions
<br /> as to any fu�ure transactians. V1Jhene�er the cvnsent ❑f Lender is required under this Deed a�Trust, the granting
<br /> vf su�h consent by Lender in any instance shall no�k c�nstEtute �vntinuing cvnsent to subsequen� instances whe�e
<br /> such cvnsen�is required and in all cases such consent may be gran�ed ar withheld �n the so�e discre�ian��Lender.
<br /> Severability. �f a court ❑�f campetent jurisdictian finds any pro�isi�n ❑�this �3eed af Trust�o be ille�af, invafid, ❑r
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