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2� 15�81 �2
<br /> DEE� �F TRL�ST
<br /> Lvan No: $'!��954� ���nti�lued� Page �
<br /> Request fo�Notice. Trustvr, on laehalf o�Trustor and Lender, hereby requests that a copy ofi an.y Notice of De�au[t
<br /> and a copy o�any No�ice of Sale under this Deed of Trust be maifed t��hem at the addresses set for�h in the first
<br /> paragraph o��his Deed o�r Trust.
<br /> Attvrneys` Fees; Expenses. lf Lender ins�i�u�es any suit or ac�ion to en-�orce any of �he terms of this Deed af
<br /> Trust, Lender shaf[ be entifiled�to reco�er such sum as the caur�may adludge reasonab[e as attorneys' �ees a�trial
<br /> and upon any appeal. VIlhethe� or not any cvurt act�on is in�o[ved, and fio the e�t�nt not prohibited by Eaw, all
<br /> reasonabfe exp�ns�s Lender ineurs tha� in Lender's opinion are necessary at any time fvr the protection o� its
<br /> infieresfi vr the enforcement of its rights shall b�cvme a part of the [nrdebtedness payable on demand and sha[E be.ar
<br /> i:nterest at the No�e rate�rom the da�e of the expenditure un�il repaid. Expenses cv�ered by this paragraph inc[ude,
<br /> with�ut �imitation, however sublect to any limits under applica}�le �a�rv, Lender's attorneys' fees and Lender's [ega[
<br /> expenses, whe�her or not there is a [awsui�, including attorneys` fees and expenses for bankruptcy proceedings
<br /> {inc[uding effor�s to modi�y or�acate any automa�ic stay or in�unction}, appea[s;and any anti�ipated post-�udgmen�
<br /> cv�lection ser�i�es, the cast o�searching C�C�CC�S� obtaining title reports {inc�uding �orec[osure reports}, sur�eyors'
<br /> �-eports, and appraisal �ees, title insurance, and fe�s �or�he Trustee, �o fihe extent permitted by app�icab�e [aw.
<br /> Tr�stor also wiil pay any court cos�s� in addition to ail o�her sums pro�ided by Iajrv.
<br /> Rights of Trustee. Trustee sha�l ha�e a[C of the rights and duties of Lend�r as s�t forth in this section.
<br /> Pa�VERS AND �BLIGATI�NS �F TFiUSTEE. The fol[owing prv��sivns refatin-g tv the povv�rs and o�figations of Trus�ee
<br /> are part of this Deed of Trust:
<br /> Pvwers of Trustee. 1n addi�Fon to a�[ powers of,Trustee arising as a mat�er o�lav►r,Trus���shall ha�e the power to
<br /> �ake�he follawing actions with respect to the Prop�rfy upvn�h� wr�tten request ofi Lender and Trus�tor: {a}�oin in
<br /> preparing and fi[ing a map or p[at of the Rea[ Proper�y, i�cluding the dedication o� sfir�efis or o�her righ�s �o �he
<br /> public; �b} �oin in granting any easemen� or creating any restriction on the Reaf Property; and {c} join in any
<br /> suhflrdination ar a�her agreement a�fecting this Deed of Trust or the interest of Lender unde�-th�s Deed o�r Trust.
<br /> Trustee. Trustee sha�l m�et a�l qualifiea�ivns required f�r Trustee under appficable law. In addition �a �he rights
<br /> and remedies set �orth abo�e, with respect to a11 vr any part of the Proper�y, the Trustee sha�� have �he right to
<br /> �orec�ose by no�ice and sa�e, and Lender shall have �he �ight to -�orecfose by judicial foreclasurer in either case in
<br /> accordance with and to the�u[[ext�n�provided by applicable law.
<br /> Successor Trustee. Lender, at Lender's op�ion; may�rom time to time appoin�a successfl�Trustee to any Trustee
<br /> appoint�d under this Deed of Trust by an instrum�nt executed and ac.knowledg�d �y Lender and recorded in th�
<br /> of-Fice of the recorder �f HALL County, S�ate ❑f Nebraska. The 'rnsfirument shall con�ain, in addition to a�� ather
<br /> matters �-�qui�-�d by state law, the names vfi the originaE Lender, Trustee, and Trus�or, �h� hook and page �Qr
<br /> computer sys�em reference} virhere �his Deed o� T�ust is recorded, and fihe nam� and address of the successvr
<br /> -�rus�ee, and the instrum�nt shall be exeeuted and acknawledged by alI�he beneficiaries under this L�eed of Trust or
<br /> �heir successors in in�erest. The successor trustee. without con�eyanc� of the Proper�ty, shaf[ succeed to all the
<br /> title, power, and duties conferred up�n the Trustee in this Deed o�Trus�and by app[icab[e law. This proced�re for
<br /> substit�rtion of Trustee shall gv�ern to the exc�usion�f a[[ other pra�isions for substitution.
<br /> NDTiGES. Any nofiice required t� be given under�his Deed o�Trust, including without fimitation any notice o€ default
<br /> and any notice o€sa[e shall be gi�en in wri�ting, and shall be effective wh�� actually d��i�ered, when actually recei�ed
<br /> by te[�€acsim��e �unless ofiherwise required hy�au�r}, when deposited v►rith a nationally recognized o�ernight courier, or, if
<br /> mailed, when deposi�ed in the United States m:a��, as�Erst c[ass, certified or registered mail postage prepaid, direc�ed ta
<br /> the addresses shov+rn near the beginning o�th�s Deed o�Trust. A!I copies o�not�ces of fore�fvsure from the ho[der of
<br /> any lien which has priority over thYs Deed of T�usfi sha[[ be sent�a L�nder's address, as shown near the beginning of
<br /> this Deed o�Trust. Any party may change its address for notices under this Deed of Trust by gE�ing forma[ written
<br /> notice fia the other parties, sp�ci�ying tha� the purpose of ths notice is '�o change the party's address. For notice
<br /> purpas�s,Trustor agrees to keep Lender inf�rmed at all times o�r Trustar's �urr�nt address. L)n[ess o�herwise pro�ided
<br /> or required hy [aw, if there is more than one Trusfor, any notice gi�en by Lender ta any Trustor is deemed ta be notice.
<br /> gi�en to all Trustors.
<br /> M�SCELLANEOUS PR�V�5��N5. The follovving miscellaneous provisions are a par�of this Deed of Trus�:
<br /> Amendments. This D��d af Trus�t,together wi�h any Reia�ed Documen�ts, constitutes the entire unders�anding and
<br /> agreemen� of the parties as to the matters set fvr�h in this Deed o�Tr�st. No alteratian o�f or amendm�nt to this
<br /> C�eed o-F Trust shall be effeC�ive unfess gi�en in wri�ing and signed by�he party�r parfiies sought to be charged or
<br /> hound by�he altera�ion ar amendment,
<br /> Annua! Repor�s. lf �he Proper�y is used fior purposes other than Trustor`s residence, Trustor sha�� furn'rsh �o
<br /> Lender, upon request, a certif«d statemen� o� net operating �ncvme recei�ed from the Prop�r�y during Trustvr's
<br /> pre�ious fis�a[ year in such form and detai! as Lender sha1� require. "Net operating income" shall mean all cash
<br /> r�ceipts from the Property less all cash expenditures made in Connec�ior�with the operation o�the Proper�y,
<br /> Caption Headings. Capti�n headin�s in this Deed of Trust are �or car+�enience purposes only and are not to be
<br /> used to interpret ar de�ine the pr��isions of this Deeci of Trus�.
<br /> 1Vlerger. Thsre shall be no merger o�the inter�st or es�ate created by this Deed o�Trust�rvith any ather rnterest or
<br /> estate in�he Property a�any time he�d �y or for-the benefr�o€Lender in any capacity, without the wr�tten consent
<br /> o�L�nd�r�
<br /> Gov�rning Law, This Deed vf Trust wi[[ be c�overned by federal law �pp��cable to Lender and� tv #h� extent nvt
<br /> preempted by federal Iaw,the Iaws o��he 5tate af Neh�aska withvu�regard t��#s c�n���cts af!aw pravisions. This
<br /> I]eed af Trust has been accepted by Lender in the State vf Nebraska.
<br /> Chaice vf Venue. [�ther�e is a lawsuit, Trustor agrees upon Lender's request to submit to the�urisdictian o�r the
<br /> courts o�Ha�� County, Sta��o�N�braska. �
<br /> Jnin� and Severa[ Liability, AI[ vb[igativns o� Trustor under this D��d vf Trust sha�l be jaint and se�eral; and a��
<br /> reterences �o Trustor shall mean each and e�ery Trustor. This means that each Trus�vr signing be[ow is.
<br /> respansib[e�For a[[ob[igati�ns in this Deed of Trust.
<br /> No�aiver by Lender. Lender shall not be deemed ta have iivai�ed any��ghts under�his Deed vf Trust un[ess such
<br /> wai�er is gi�en in writEng and signed by Lender. No delay or omission an the part o�Lender in exercising any right
<br /> shall operate as a wai�er o�su�h right or any other right. A wai�er by Lender o�F a pro�ision of this Deed of Trus�
<br /> shall not preludiee or consti�ute a lrvai�er o� Lender's right other�rvise �o demand stri�t cvrnp[iance with �ha�
<br /> pro�ision ar any other pro�ision o� �his Deed of Trust. No prior waiver 1oy Lender, nvr any caurse of dealing
<br /> betw�en Lender and Trus�or, sha!! cons�itute a wai�er of any of Lender's rights vr vf any of Trustvr's ob[igati�ns
<br /> as �a any future�ransa��ivns. Vllhene�er the consent o� Lend�r is requered under this Deed of Trust, the grantsn�
<br /> of such consent by Lender in any instance shall nv� constitute confinu�ng cQnsent�o subsequen-� instan�es where
<br /> such consent is required and in a[[ cases such cvnsent may be gran�ed ar witF�he[d in the so[e d�scretion of Lender.
<br /> Severability. �f a court o�competen��urisdiction finds any provision of this Deed vf Trust tv be illegal, in�alid, or
<br /> unenforCeable as to any person or circumstance, that�ind�ng shal[ not ru�ake the offending provision illegal, invaf id,
<br /> ar unenforceable as to any other person or c:ircumstance. if feasibler the offending pro�isivn shal] be �onsidered
<br /> modi�ied so thafi it becomes legal, valid and�n�arceab(e. [f the offending pro�ision cannvt be so m�dified, it shall
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