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2� 15�7595
<br /> C3EED �F TF�UST
<br /> .
<br /> Loan No: 'i��'i�847 ��ont[rlued} � Page �
<br /> Electinn of Remedies. All af Lender's rights and remedies wi�� be cumula�ive and may �e exercised aione or
<br /> tagether. Ef L�nder decides to spend money a�ta per�arm any o�Trus�ar's �hligativns under this I]eed ❑f Tr�s�,
<br /> after Trus�vr's -faiiure to d❑ so, that d�cision.,by Lend�r wi�� not affect Lender's right ta de��ar�T�-ustor in de�ault
<br /> and to exercise Lend�r's�emedies.
<br /> Request for Notice. Trus�vr, on behaIf of Trusto�and Lsnder, hereby requests tha�a cop�vf any Notice vf D�tau[t
<br /> and a cvpy of any Nvtice a�Sale under th�s Deed af Trust be ma��ed fio them at the addresses se�t fvrth �n�he fi�st
<br /> paragraph v�th�s Deed ❑f Trus�.
<br /> At�vrneys' Fees; Expenses. If Lender �nstitutes any suit or action to enf�rce any a�F the �erms v� this �3eed a�f
<br /> T�ust. Lende�-shali be enti�led to r�co�er such sum as the cvurt may adjudg� reasonable as attorneys' �Fees at tria[
<br /> and upan any appeal. `!Ilhether ar nvt any court action is in�olved, and �❑ the extent nfl� p�ahibited by Iaw, ai�
<br /> reasonab�e expenses L�nder �ncurs that in Lender's opinion are necessary at any �ime for the protection v� its
<br /> ;n�erest ar the enfarcemen�vf i�� rights shal� become a part of the Indebtedness payab�e on demand and sha[[ �ear
<br /> interest afi fihe Note rate trom the date o-�th�expenditure unti] repaid. Expenses ca�ered hy this paragraph inc�ude,
<br /> �rvithaut Iimita�ion, �owever sub�eot tv any limits under appli�able Iaw, Lender's attorneys' �e�s and Lender's Iega�
<br /> expenses, whether or not there is a Iav+rsuit, �nc[uding attorneys' �ees and expenses �or bankruptcy proceedings
<br /> {inc�uding efforts tfl mvdi�fy❑r vacate any autama�ic stay or injunctian}, appea[s, and any anticipated past�udgment
<br /> cai�ection ser�ices, the cost o�searching �ecvrds, ob�aining t�t�e reports f in�[uding foreclosure reparks}, surveyors'
<br /> reports, and appraisaI fees, title insurance, and fees �vr the Trus�ee, tv the e�ent permitted by applicable Iaw.
<br /> Tru�tor also will pay any court�osts,in addi�ion�o alI o�her sums provided by law.
<br /> Rights o�T�ustee_ Truste�sha�� ha�e aII❑f the rights and duties vf Lender as set�orth�n this section.
<br /> P�INERS�ND aBLIGATIQNS �F TRUSl"EE. The foiivwing pro�isions re�at�ng tfl the pvwers and o�liga�ivns of Trustee
<br /> are part a�this Deed❑f Trust:
<br /> Powers of Trustee. In additivn�a all pawers v�Trustee arising as a mat'�er o��aw,Trustee sha11 ha�e�he power�a
<br /> take�he fvllawing activns with respect to the Property up�n the writfien reques�o� Lender and Trustor: (a}join �n
<br /> preparing and filing a map vr plat of the Real Property; �nciuding the dedication a� s�reets ar ofiher righ�s to the
<br /> : public; �b} �oin in granting any easemen� or creating any restriction on the Reaj Property; and [c} jain in any
<br /> subordination or o�her agreement affect€ng this❑eed c�f Trust or the inter�st of Lender under�h�s Deed af Trust.
<br /> Trustee. Trus�ee shail, meet alI qualifications required �a�Trustee under applicab[e law. �n addit�fln ta the rights
<br /> and remedi�s set�arth abv�e, onrith �espec�tv a[f vr any part af the Property, the Truste� shall have the rtgh� �o
<br /> fvrecivs� by nafi�e and saIe, anci Lender irvi�i ha�e the right to �orsc�ose by judicia� foreclvsure, i� either case in
<br /> accvrdance with and to the fuli extent pro�ided by appli�able law.
<br /> 5uccessor Trustee, Lender, at Lender's optivn� may�rom time to time appain�a successvr Trustee tv any T�rtistse
<br /> appointed under this Deed af Trust by an instrument executed and acknvwledged hy Lender and recorded in the
<br /> affice af the recarder o-� Hail Cc�un�y, State ❑� N�braska. The instrument sha11 cantainr in addition ta all ather
<br /> matters required by state law, the names af the fl�igina� Lender, Trustee, and Trustar, the boak and pag� �ar
<br /> computer system �eferen�e} where this Deed of Trust is recorded, and the name and address vf the successar
<br /> �rusteer and the instrument shall be executed and acknowledged by all the bene��ciaries under�his ❑eed o�T�ust or
<br /> �heir su�cessors in interes�. The successor�rus�ee, wi�haut conveyance v�the Property, shai[ succeed to all the
<br /> �i�le, pavver, and duties conferred upon the Trustee in this ❑eed of Trust and by applica[��e law. This prv�edure for
<br /> substitutinn o�Trustee sha��gv�ern tv the exclusion of all ❑ther pro�isions�or subs�itutian.
<br /> N�T�CFS. Any natiGe required to he given under this ❑�ed a�Trust, including withvut Iimi�at�an any noti�e ❑� defaul�
<br /> and any n�tice v�sa�e shall be gi�en in vvriting, and shall be e�-Fecti�e when actuall� deli�ered, when actually received
<br /> by�ele�Facsimiie {unless othenrvise required by�aw},v�rhen depasited vi�ith a nativnally recognized ❑v�rnight courier, or, i�
<br /> ma�l�d, when deposited in the United States ma�l; as first c�ass, cert��ied ar registered maii pastage prepaid, d�r�cted ta
<br /> �he addresses shavun near the beg�nning af this Deed of Trust. All cop�es o�nvti�es ❑f farec�osure�r�m the hvlder ��
<br /> any Iien which has prior�ty vver �his Deed o�Trusfi shall be sent to Lender's address, as shown near the beginning v-�
<br /> this ❑eed of Trust. Any person may change his ar her address �vr notices under this Ueed of Trust by giving �armal
<br /> written ngtice tv the o�thet p��s�n ar persons. speci�ying that the purpvse of the no'�ice 15 tD change the persvn's
<br /> address. For nvtice purpases,Trustor agrees'�o keep Lender infarmed at aIi times a�-frustor's current addre�s. �nless
<br /> otherirvise pra�ided ar required by Iaw. if�here is mvre �han ❑ne Trustor, any nvtic� given by Lender to any Trustor is
<br /> deemed to he natice giWen to all Trustors. ��wi[i be Trustor's responsibi[ity tfl tell the others o�the no�tice-�rom Lender.
<br /> 111IISCELLANEDUS PRDVIS��NS. The follvwing miscel�anevus provisions are a part❑f this D�ed of Trust;
<br /> Amendments. What is w�itten in this De�d of Tru$t and in the Related Do�uments is Trustor's entire agreement
<br /> with Lender cancern�ng the matters covered by this Deed of Trust. Tv be e�ective� any change ❑r amendment to
<br /> �his Deed vf Trust mus� be in writing and must be signed by vtirhoe�er wi1! be bound ar v�ligated by the c�ange ❑r
<br /> amendm�nt:
<br /> Captivn Head�ngs. Caption headings in this Deed o�Trust are �or con�enience purpases vnly and are not �a he
<br /> ' used�o interpr�t or define the provisions o�this Deed o�Trus�.
<br /> llllerger. There shall be no merge�of th�interes�or estate created by this ❑eed af Trust wi�h any ather interes�vr
<br /> estate in the Property at any time h�ld by❑r�ar the benefit of Lender in any capacity, rrvithou�the w��tten cansen�
<br /> ❑�Lender.
<br /> Governing Law_ Yhis Deed af Trust wi�1 be governed by federa[ 1aw appIicable to Lender and, to #he �xtent no�
<br /> preem�ted by fedea-al Iaw,the�aws vf the State vf Nebraska without regar�to its cvnf�icts vf Iaw provisionsQ This
<br /> Deed vf Trust has heen accepted by Lender in the State of Nehraska.
<br /> �hoice of Venue. [�the�e is a �awsuit, Trustor agrees upan Lender's reques��o su�mi�to the juri�diCtion o� �he
<br /> cvurts vf Hall �ounty, �tate a�IVebraska.
<br /> Joint and Severa� Liab�lity. A11 a�ligati�ns vf Trustor under t�is Deed o� Trust sha11 be jvint and se�eral, and a�l
<br /> references to Trustor shall mean each and e�ery Trustor, This means that e�ch Trustor sign�ng befow i�
<br /> responsib[e�or a11 obfiga�ians in�his Deed vf Trust.
<br /> No Vllaiver�y Lender. Trustar unde�stands Lende�w��� nvt gi�� up any ❑� Lende�'s rights under this Deed o�Trust
<br /> unless Lender does so in vvriting. The fac�that L�nder delays o�- omits ta e�€er��se any righ�wiil nc�� �nean that
<br /> Lender i�as gi��n up that rEght. If Lender dves agree in writing �o gi�e up ane of Lender's rights, that does not
<br /> mean Trustvr�rvi�� not ha�e �a comply w�th the ath�r provisians ❑�this ❑eed o�Trust. T�ustvr also understands
<br /> that i-� Lender does cansent ta a r�quest, that dves nat mean that Trustor w��i nvt hav� to get Lender's �onsent
<br /> again i�the situation happens again. Trustvr further unders�ands�hat just hecause Lender�onsents tv ane or more
<br /> of Trustor's requests, �ha� do�s nat mean Lender will �e r�quired to cansen�to any af T�rustar's future �equests.
<br /> Ta-ustar wai�es presentment,demand�or payment, pro�estp and no�ice af dishflnar.
<br /> Severabilrty. If a court finds �hat any provisivn of�h�s Deed ��Trust is no� va[id or shau�d nat be enforced, that
<br /> fact by its��f will not mean that the �ss�of�his �eed of�rus�will nvt be�a��d vr en-�orced. There�vre, a court wi11
<br /> enfor�e�he rest of the pravisions vf this Deed of Trus�t even�f a pro�isivn of this Deed af Trust may be found�o he
<br /> in�alid ❑r unenfvrceable.
<br /> Suc�essors and Assigns. Subject t❑ any �imitations stated �n�hi� ❑eed af Trust on �rans�er of Trustvr's in�erest,
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