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� � 2� 15�84�4 DEEa �F TRUST Loan Nv: ��7 23�498 ��rltirlued} Page 9 bound by�he a�teration vr amendment. Annual Repvr#s. If the Pr�perty is used far purpvses ather -than Trusfivr's residence, Trustor shall furnish �o Lender, upon reques�, a cer�ified statemenfi v� net aperating income recei�ed �rom �the Proper�y during Trus�ar's pre�iaus fiscal year in such �vrm and d�ta�! as Lender shall require. "Net opera�ing incvme" shall mean all �ash receip�s frvm the Pr-oper�ty less a�l cash expenditures made in connectivn wifih�he opera�ian of the Prvper�y. Cap�ion Headings. Cap�i�n headings in this Deed ❑f Trus� are �ar cvn�enienc� purposes only and are not to be us�d�❑interpret vr de�ine the proW�sivns❑�f this Deed ❑f Trus�. - Merger. There sha�! be no merger❑f�he in�erest or es�a�e created by this Deed o�F Trust wEth any o�ther in�eres�vr esta�e �n the Prop�rty afi any time held by or�or the benefi�of Lender in any capacEty, withaut the wri�ten consent of Lender. Gv�ernrng Law. This Deed of Trust will be gv�erned by federal iaw app�icable to Lender and, tv �he ex�en� nvt preempted by�ederal law,�he laws o�the State vf Nebras ka wifihvut regard tv�ts cvnflic�s�af law prvvisians. This ❑eed af Trust has been accepted by Lender in#he 5tate of Nehraska. Choice a�Venue. !�there is a Eawsui�, Trustor agrees upon Lender's request tv submit to the jurisdiction of the �ourts of Hall Caunfiy, 5tate n�Nebraska. Joint and Se�eral Liahility. All ��ligations o� Trusfivr under �khis Deed ❑f Trus� shal� be jain� and se�erai, and all referen�es t❑ Trustor shafl mean each and e�ery T�-ustor. This means that each Trus�or signing f�eEow is responsible for all ab�igafiions in this Deed of Trust. Nv 1rVai�er hy Lender. Lender shall not be deemed to ha�e wai�ed any rights under th�s Deed a�Trust unless such wai�er is gi�en in writing and signed hy Lender. Na delay vr omission on the part❑fi Lender in exercising any right shall opera�e as a waiver o�such righ�or any other ri�ht. A wai�er by Lender of a pro�ision ❑f this ❑eed ❑f Trust shall nvt pre�udice nr cons�itu�e a wai�er v� Lender's right otherwise t❑ demand strict comp�iance with tha�t pro�isivn or any o�her prvvisivn ❑f thEs aeed ❑� Trus�. Nv pri�r wai�er by Lender,,nor any caurse o� dea�ing C�e�tween Lender and Trustar, shalf consfii�tute a wai�er af any of Lender's �rights o�- ❑f any o�Trustvr's obliga�ians as ta any fu�ure transactions. Whene�er the consen� o� Lender is required under this Deed vf Trust, �he granfiing ❑�su�h cvnsen� by Lender in any ins�anc� shall nofi consti�ute con'tinuing consenf to subsequent �ns�ances where such consent is r�quired and in alI cases such consent may be granted❑r withheld in the so�e discrefiion o�Lender. 5everabili#y. 1� a court�f compefien�jurisdic�ion finds any pro�isivn af this ❑eed ❑t Trust�o be ilfegal, in�a[id, �r unenforceable as to any pers�n �r circumstance,�hat finding shall not make the offending pro�isian i[legal, in�aiid, or unen�arceable as �o any ❑�her persvn or c�rcumstance. If#easible, the affending p�-ovision shall be considered modifiied so �tha� i� becomes i�gai, �alid and en�orcea�le. l�the ❑tfending pro�isian cannat be so modi�ied, it shall be �onsidered dele�ed fram this ❑�ed ❑f Trust, Un�ess otherwise requi�-ed by �aw, the iflegality, in�alidity, or unenfvrcea�i�ity v� any pro�ision of�his Deed a�Trust shall not affect fihe legali�y, �alidity vr�n�a��eabili�y ❑f any ather pra�ision of this Deed�v�Trust. Successars and Assigns, Subject to any limitati�ns stated in this Deed of Trus� on trans�er vf Trustar's interest, �his Deed of Trus�shall be binding upon and inure tv the benefi� of the parties, �heir suc�essors and assi�ns. If - awnership of the Proper�y becomes �es�ed in a person a�her than T�ustor, Lender, without notice t❑Trustor, may deal with Trustor's successors wi�h reference to this Deed ❑fi Trust and the lndebtedness by way❑f farbearance or extension wi�hout releasing Trus�k�r�rom the❑h�igativns of this I�eed❑�Trust�r liability und�r the Indebtedness. ' Time is v�the Essence. Tim� is��the�ssence in the perfiormance❑f this Deed of Trust. Wai��r o� Homesfead Exemptivn. Trust�r hereby releases and wai�es a!! rEghts and benefits �f the homes�tead exemption laws af the State v�Nei�raska as t❑ al� Indebfiedness secured by thEs Deed o�Trust. � DEFlN�Tl�NS. The fvllowing capitalized words and terms shall ha�e�he�ol�owing meanings when used in this Deed ❑� Trust. Unless specifica�ly stated to the contrary, all refe��nces �a doflar amaunts shaEE mean amounts in lawful money of the United 5tates of America. Words and �erms used in �he singufar- shaf[ inciude �khe plural, and the plura! shall include fihe singu�ar, as the con�ex� may r�quire. V1lvrds and terms nat otherwise defined in �his ❑eed o�Trust sha�I ha�e the meanings attributed to such terms in�he Un��arm Comm�rcial Cvde: . . Bene�i�iary. The word "Bene�iciary" means Fi�e Points Bank, and i�s successvrs and assigns. 6orrvwer. The word "Bvrrvwer" means NAVDEEP SDDD and MONISHA SD�D and includes all co-signers and � co--makers signing the Note and a�l their su�cessors and assigns. Deed of Trust. The wards "aeed vf Trus�" mean �his Deed ❑f Trust among Trustor, Lender, and Trus�ee, and includes ►nri�hvut limitation all assignmen� and security infierest pro�isivns reiating fi❑ the Persona� Prvperky.and �en�s. � De�aul�. The wvrd "Default" means the Default set�rorth in this ❑eed❑�Trust in the sectivn titEed "aefault". Enviranmentai Laws. The words "En�ironmental Laws" mean any and all state, fede�-al and lvcal statutes, regula�ions and ordinances relatFng tv the protection of human heal�h ❑r �he en�i�onment, in�luding without l�m�ta�ion the �omprehensi�e En�ironmen�al Response, Campensation, and Liabili�y A��❑� 198�, as amended, 4� LJ.S.C. 5e�tion 36��, e� seq. �"CERCLA"y, the Superfund Amendments and Reau�hori�ativn Act v� "1986, Pub. L.