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2� 15�84�3
<br /> aEEv �F T�us-r
<br /> Loan No: 'I��29�5�"[ �Con�lnued� Page 9
<br /> �rus�ee, and�he instrument shalf b�executed and acknowledged by all the b�neficiaries under th�s Deed vf Trust or
<br /> their successors in.inter�st. The success�r trustee, withvut conveyance vfi the Proper#y, sha�� su�ceed tv al� the
<br /> t�tle, pawer, and duties cflnfierred upon the Trus�ee in this Deed o�Trust and by applicabfe law. This pracedure fior
<br /> subs�itution of Tru�tee shall ga�ern to�he excfusi�n o�a�1 a�her pro�isi�ns fvr subs�itutivn.
<br /> N�TICES. Any notice required �o be gi�en und�r this Deed of Trust, �ncluding w�thaut limita�ion any notice vf defauEt
<br /> and any not�ce of sale shall be gi�en in wri�ing, and shalf be effecti�e when actual�y deli�ered, when actually recei�ed
<br /> lay telefacsimile �unEess ofihe�wise required by iawf, wh�n deposited with a nationaEfy recagnized v�ernigh�caurier, or, ifi
<br /> mailed, when depas�ted in the United States mai�, as first class, cert��ried or registered mail pvstage prepaid, direc�ed t❑
<br /> �he addresses shawn near fihe beginning ��this Deed o�Trust. All copies ❑f notices of#are�losure trom the holder of
<br /> any iien whi�h has priar�ty over th�s ❑eed of Trust shall b� sen� to Lender's address. as shown near the beginning of
<br /> this ❑eed of Trust. Any party may change its address for no�ices under �his Deed of Trus� by gi�ing farmal written
<br /> notice �❑ #he o�her parties, speci�ying �hat #he purpase ❑# the nvtice �s �o change the party's address. Far natice
<br /> purposes, Trustor agr�es t❑ keep Lender informed at ai! times ❑f Trustor's �urrent address. Unless ❑therwise prvvided
<br /> ar required by lav►r, i��hsre is more fihan one Trustvr, any notice gi�en by Lender t❑ any Trustor �s deemed t❑ be no�tic�
<br /> gi�en to all Trustors. � �
<br /> M15CELLANE�US PR�VESIflNS. The following miscellane�us prv�isions are a par#❑f this Deed af Trus�:
<br /> Amendments. This Deed ❑f Trust, together wEth any Related Documents, constitutes the entire understanding and
<br /> agreement ❑f�he par�ies as �o the matters set fvrth in �this Deed a�Trust, Na a�fieratian of ❑r amendmen�to this
<br /> ❑eed ❑f Trust shall he effe.cti�e unless gE�en in wr�t�ng and signed by the party �r parties saught t❑ be charged ar
<br /> hvund by the al�erativn or am�ndment.
<br /> Annual Repvrts. If �he Praperty �s used �or purposes other �han Trustor's residence, Trusto� shall �urnish tv
<br /> Lender, upvn �equest, a cer�ifiied s�a�ement o� net operating income re�ei�ed �rflm the Property during Trustvr's
<br /> pre�iaus fEscaf year in such �orm and deta�i as Lender shafl require.. "Ne� ❑perating income" shall mean all cash
<br /> receipts from the Prvperty less all cash expenditures made in connection with the�pera�ivn of the Prvper#y.
<br /> Caption Headings. Captian headings in this Deed ❑fi Trust ar� f�r can�enience purposes ❑nty and are no� tv he
<br /> used�o interprefi ar define the pro�isions of�his aeed at Trust, ,
<br /> Merger, There shatE be na merger afi�he in#erest or estate �reated by this �eed of Trust wi�h any o�her interest flr
<br /> . esta�e in the Pr�per�y at any time held by or fior the bene#it o�Lender in any ca�acity, without the wri�ten consent
<br /> of Lender.
<br /> Go�erning Law. This Deed o#Trust w�ll be go►►erned by �ederal [aw applicable t❑ Lender and, to the ex�en� not
<br /> preemp�ed by�ederal law,�he laws of the 5#a#e of Nehraska without regard tv its con�licts ❑f law proWisions. This
<br /> Deed vf Trust has been accep�ed hy Lender in�he State of Nehraska.
<br /> Chvice of Venue. If there is a lawsui�, Trustor agrees upan Lender's request tv submit tv the �urisdiction ❑f the
<br /> courts vf Hall County, State ❑f Nebraska.
<br /> Join� and Several Liabili�y, A!l obligat�ons o� Borrower and Trus�ar under this Qeed ❑f Trus� shall be jaint and
<br /> se�eral, and a�E re�ferences tv Trustor shall mean each and e�ery Trus�ar, and al! re�erences t❑ Borrower shall mean
<br /> each and e�ery Bvrr�wer. This means that each Trustor signing befow �s responsible fvr al��bligafiivns in this Deed
<br /> of Trust.
<br /> No ti1V'aiver by Lender. Lender-shall not be deemed t❑ ha�e wai�ed any r�ghts under this ❑eed ❑�Trust unless such
<br /> waiver is gi�en in wri�ing and signed by Lender. N❑ de�ay or omission ❑n the part�f Lende�-in exercising any righ�
<br /> shal� ❑perate as a wai�er of such rEght❑r any ❑�her right. A waiver by Lender af a pro�ision of this Deed o�Trust
<br /> shall na� prejudEce or constitute a wai�er ❑f Lender's right otherwise ta demand s�rict compliance with that
<br /> pra�ision ❑r any other pro�ision vf �his Deed af Trust. N❑ prior wai�er by Lender, nar any course o� deafing
<br /> between Lender and T�ustar, sha�l constifiute a wai�er af any vfi Lender's rights ar of any o�Trus�ar's obligativns
<br /> as to any future transactivns. Whene�er the consen� nf Lender is required under this Deed o�Trust, the granting
<br /> ❑�F such consen� by Lender in any ins#ance sha11 nvfi �ons�itu#e continu�ng consent to subsequent instances where
<br /> su�h cansent is required and in all cases such consent may be granted ❑r wi�hheld in the sofe disc�-e�ion of Lender.
<br /> . 5e�erabili�y, I� a cvurt ❑f compe#ent jurisdictian finds any pro�isivn of this Deed o�Trust to be illegal, in�al�d, or
<br /> un�nforceable as tv any persvn o� �ircumstance, that tEnd�ng shall not make the ❑ffending pro�ision illegal, in�alid,
<br /> �r unen�orceable as to any ❑ther persan or cir.cumstance. f� feasible, the ❑ffendin� prfl�ision shall be considered
<br /> modified sv that i� becomes lega�, �afid and enforcea�le, 1�the o�fending.pro�isivn cann�� be so modi�ied, it shall
<br /> be considered deleted fram �his Deed af Trust. L]nEess �therwise �equired by law, the illegality, invalidity, ar
<br /> unen�orceabili�y a� any pro�ision vf this Deed of Trus� shall nat affect the legality, �al�difiy or en�orceai��l��y ❑f any
<br /> ❑ther prv�ision❑�this Deed of Trust.
<br /> 5uccessars and Ass�gns. 5ubject to any limi�a�ions stated in th�s Deed ❑f Trust ❑n transfer of Trustor's �nteres�,
<br /> this Deed of Trust shall be hinding upan and inu�e ta the benefii� ❑� the parties, their 51.1CCeS50C5 and assigns. if
<br /> awnershi� ❑f the Prvper�y becomes �ested in a person othe�-than Trustvr, Lender, withvut notice to Trus�ar, may
<br /> deal with Trustvr`s successors wi�h re�erence to�his ❑eed of Trus�and the indebtedness by way❑f fvrbearance or
<br /> exfiensinn without re�easing Trustvr fr�m�he vbiigations ❑f�his ❑eed�f Trust❑r�iability under the Endeb�edness.
<br /> Time is of the Essence. Time is ❑f the essence �n�he performance ❑��his ❑eed❑f Trust,
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