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2� 15�79��
<br /> DEED �F TRUST
<br /> ��ontlnued} �age s
<br /> cvncurren�ly vr independen�ly,f�-vm time�o time and as v�fien as may be deemed expedient by Trus�ee vr Lende�r,
<br /> and e��her vf �hem may pursue inconsisten� remed�es. Nvthing in #his Deed vf Trust shall b� �onstrued as
<br /> prohibiting Lender fram seeking a deficiency jud��n�n�against the Trus�vr�a the ex�en�such activn �s permitted by
<br /> [aw. Election by Lender�a pursue any remedy sha�l not ex��ude pu�suit vf any other remedy, and an elec�ian t�
<br /> make expenditures vr�o take action tv pe�form an obligati�n of Trus�or under fihis D�ed ❑f Trust, af�er Trustar's
<br /> �ailure to perFa�m,shalt no�affec�Lender's right fiv declare a defaul#and exercise i�s remedies.
<br /> Request far Nv#ice. Trustor, on beha��vf Trustor and�.ender, hereby requests fhat a copy of any Noti��o�F Defaul�
<br /> and a cvpy of any Natice v�Sa�e under�his Deed af Trust be mailed tv them at the addresses se�f�rth in the first
<br /> paragraph of�his C�e�d af Trust.
<br /> Attorneys' Fees; Expenses. lf Lender institutes any suit vr action tv enforce any �f the ter�ms of�his Deed of
<br /> Trust, Lender shall be entitled ta r�co�er su�h sum as�he court may adjudge��asonable as a�tarn�ys'�e�s a�frial
<br /> and upvn any appeal. Wh�ther or not any�ourt action is �n�ol�ed, and to the extent nv� prohib€�ed by law, al1
<br /> reasonable expenses Lender incurs that �n L�nder's opinion are necessary at any time �ar the prv�ectian of �ts
<br /> interest or the enfvrcement of its right�sha�f b�oome a part of the I ndeb�edness payable vn demand and sha�� bear
<br /> in�erest afi the Note ra�e fr�m�he da�e of�he expenditur�until repaid. Expenses covered by�his pa�-agraph�nclude,
<br /> without li mitatian, howe�er subject tQ any li mits under appf icable law, Lender's attorneys'fees and Lender's legal
<br /> �xpenses, whether ar na� there �s a �awsuif, including attvrneys' fees and expenses for bank�ptcy p�oceedings
<br /> �including effvrks to m�dify ar�acate any automatic stay or injun�tian}, appeafs,and any anticipat�d past judgment
<br /> callectivn senrices, the cos�of searching re�ords, obfiaining�itle reporks �inciuding foreclvsure repvrts}, surueynrs'
<br /> rep�rts, and appraisal fees, �itle insurance, and fees for the Trustee, �a the ex�enf pe�mitted by appl��ab�e law.
<br /> Trustor alsv w�ll pay any cvurt cas�s, in addifivn tQ afl oth�r sums pro�ided by 1aw.
<br /> Rights of Trustee. Truste�shall hav�a�l ofi the�ights and duties af Lender as set�or�h in this sec��on.
<br /> P��JVERS AND �BLIGATIDNS QF TRUSTEE. The fvllawing pro�isions relat�ng to the pawers and obligations o�Trus�ee
<br /> a�e part❑f th�s ❑eed of Trus�:
<br /> Powers o�Trustee. In additian to al[pc�wers of Trustee arising as a matter o��aw,Trus�ee shaf[ ha�e�he pow�r to
<br /> �ake �he following actions with rsspec�to �he Properky upan �he written �-equest of Lender and Trustor: ta}�vin in
<br /> preparing and fiilin� a map or p�at v� the Rea� Prvperty, including the dedicatian of streets ar ather rights to the
<br /> public; �b} join in gran�ing any easement or ��-ea�ing any r�stri�tion on �he Real Property; and �c} �oin in any
<br /> subardination or other a�reement af#ecting this Deed�fi Trust or ths �n#er�st of Lender unde�-�his Deed o�Trus�.
<br /> Trus#ee, Trustee shall meet all qualifications required far Trustee under appli�able law. !n a�ditian to the rishts
<br /> and remedies set forth abo�e, wi�h respe�t�o all ❑r any part af the Property, the Trustee sha�� ha�e the righ#to
<br /> forecfase by nvtice and sale, and Lender shall have the right t� fare�Eos� by judiGial fareclosure, in either�ase in
<br /> accardance with and to�he fulf exten�prvvided by appl�Gab€e law.
<br /> Success�r Trustee. Lender,a�Lender's op�ian, may frvm time tv time appoin#a successar Trustee�o any Trus�ee
<br /> appvinted un�er fihis Deed of Trus� hy an instrument�xecut�d and acknawledged by Lender and reGvrded in the
<br /> vffice afi the recorder af Ha�i �aunty, State of Nebraska. The instrument shafl �antain, in addition ta al� vther
<br /> matte�s required by s�at� law, �he names of the original Lender, Trustee, ar�d Trus�or, the baok and page �or
<br /> camputer sys#em re�erence} where �his ❑eed of T�-us� is recorded, and �he name and address of fih� successor
<br /> trustee, and�h�instrument sha[I be executed and�cknawledged by a!I the beneficiaries under#his D�ed o�Trus#�r
<br /> their sucGessors En interest. The suc�essar trustee, withvut �on�eyance vf the Praper�y, shal� succeed t❑ alf the
<br /> t�tle, pawer,and dufiies conferred upan the Trustee�n#his ❑eed af Trust and by appli�able law. Th�s pracedure for
<br /> substitutivn of Trus�ee sha��govern to the exc�usion of all other pro�isivns for substi�u�ion.
<br /> NQTI�ES. Any notice required tv be gi�en under�his Dee�af Trust, including wi�hout fimf�ati�n any n�tice o�de�aul�
<br /> and any nvtic� vf sale shai� k�e given in writing, and shall be effecti�e when ac�ually deli�ered, when a�tual[y recei�ed
<br /> by telefacsimile tun�ess otherwise required by law},when depasited wi#h a na�ionall�recognized vuemight cvurier, or, if
<br /> mai�ed,when depos��ed in the United 5�a�es mail, aS first class, certifi�d vr regis�ered maii p�sta�e prepaid, directed to
<br /> the addresses shown near the beginning o�th�s Deed of Trus�. All copies�f nat�ces a�foreclQsure fr�m the halder of
<br /> any lien which has priarity o�e�-this Deed❑�Trus�shall be sen�tv Lender's address, as shown nea�-the heginn�ng Qf
<br /> this Deed of Trus#. Any party may change its address fvr nati�es under this Deed af Trust by gi�ing farma� written
<br /> nvtice �a the oth�r parties, specifying that th� purp�se of the n��ice is to change the par�y's addr�ss. F�r no�ice
<br /> purpvses, Trustor agrees to keep Lender in�formed a�al!�imes�€Trustor's �ur�ent address. Unless otherwise pro��ded
<br /> vr requirsd by law, if there is mare than �ne Trustor, any n�ti�e gi�en by Lender�o any Trust�r is deemed to f��no�ice
<br /> gi�en to all Tn.rs��rs.
<br /> ELE�TR�N1C ��P�ES. Lender may c�py, el�ctranicalfy ar athenrvise, and the�eaf#er destrvy, the originals a� this
<br /> Agreement andlor Re�ated ❑ocuments �n the regular course of L�nd�r's business. A�4 5L1Ch �opi�s p�adu�ed �rom an
<br /> e�ectrvnic form or by any oth�r reliahl� means �i.e., ph�tographic image or�acsimile}shall in all r�s�ects be cvnsidered
<br /> equi�alent t� an o�iginal,and Bo�-rower hereby wai�es any r�gh�s a�objections to th� use o�such copies.
<br /> MISGEILLANE�US PR�Vl51�NS. The�ollvwing miscellaneaus prvv�s�ons are a par�Qf this ❑eed❑fi Trust:
<br /> Amendments. This Deed of Trust,togethe�with any Re�ated DQcumen�s, constitutes the en#ire understand�ng and
<br /> agre�ment❑f the parties as tv �he matters set forth in thi� Deed a'�Trus�. Na alteratian af or arnendment tv this
<br /> Deed vf Trust shall be effec���e unless given in wri�ing and signed by the par�y�r parties sought to be cha�ged or
<br /> baund by the alteratian or amendment.
<br /> Annual Repvtts. !f th� PraperLy is used far purpvses other than T�-us#or's residen�e, Trust�r shall fur�nish to
<br /> Lende�, upon request, a certifi�d s�atement of net operating �ncome �ecei�ed from the Prap�rfy during Trustor's
<br /> pre��vus fiscal year in such form and detail as Lender sha�� require. "Net ❑perating in�ome" shall mean all cash
<br /> reCeipts fram�he Properfy less al�cash expenditures n�ade in cvnnection wi�h the aperation of the Prap�rty.
<br /> Gaption Headings, Captivn headings in th�s Deed af Trust are for �on�enience pu�-poses on[y and ar� not to be
<br /> used�o interpr�t or defne the provisians af�his Deed af Trust.
<br /> Merger. There shall be na merge�af the interest v�-e�tate crea�ed by th�s ❑eed of Trust wi�h any vther in�erest vr
<br /> estate in�he Propert}�at any�ime held by or for the benefit af L�nder in any c�paci�y, withvut the writ�en cansent
<br /> of Lender.
<br /> Gv�erning Law. This Deed of Trust w'rll be go�erned by�ederal 1aw applicabie t� Lender and, tv the extent nvt
<br /> pr�empted by fiederal law,the laws vf the 5�a'�e of IVebraska wi�hout regard#o its confli�ts af law pro►risivns, This
<br /> Deed af Trust has been accepted by Lender in#he State v�Nebraska,
<br /> ChaE�e of Venue. !f�here �s � lauvsuit, Trusirvr agrees upvn Lender's �equest to submit to the jurisdiction a�the
<br /> courts vf Bu�fala County,State of Nebraska.
<br /> Jaint and Several Liabif�fy, A�� abligativns vf Borr�we�- and Trusfvr under this De�d of Trusf shali be joint and
<br /> several, and a[I r��erences to Trustor sha[!mean each and e�ery T�ustor, and al� referenGes tv Borrvwer shall mean
<br /> ea�h and e�e�}r Borrav+rer. Th�s means tha�each Trustor signing helow is responsihle for all�bligations in�this Deed
<br /> of Tru st.
<br /> No Wai�er by Lender. L�nder shall not be deemed tv have waived any righ�s under th�s Deed of Trus�unless such
<br /> wa�ver is given �n writing and signed by Lend�r. No delay v�-❑mission vn the part af Lender in exercising any right
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