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2� 1 ���7� 1
<br /> �EE� �F T'F�LJ�7"
<br /> Loan �lo: ��fl�DO��'i 8 ��v�lt�nued� �age �
<br /> Righ�s vf Trustee. T�uste�shali ha�e al���t�e righ�s and dut�es o�Lender as set�'�rth 3n tl��s sect�c�n.
<br /> Pa1NERS AND �BLlGA71�NS OF TRCJSTE�. The�ollawing pro�isions relatir�g��fhe powers and obligations❑f Trustee
<br /> are par�of this❑eed of Trust:
<br /> Powers o�Trustee. �n addit}on�o a��powers of Trustee arising as a matter o�law, Trustee shall have the pvwer t�
<br /> take the�ollow�ng ac�iQns with respect to the Property upvn the written request of Lender and Trustor: �a}join in
<br /> preparing and ffin� a map o� pla� �f the Reaf Proper�y, including the dedication o�'streets or o#her rights to the
<br /> pub�ic; (b} join in gran��ng any easement or cr�ating any res#riction on #he Real Prape�y; and �c} �oin in any
<br /> sui�or�ination or othe�agreement affecting this�eed vf Trus�❑r the int�rest of Lender under this�3eed o�Trust.
<br /> 7rustee, Trustee shal� meet all qualif�cations required f�r Trus#ee under app�i�ab�e la►►v. ln addition to the r�ghts
<br /> and remedies set forth abQ�e, with respect to a�l or any pa�t vf the Prape�ty, the Trus�ee shall ha�e the righ�to
<br /> fareclose by notice and sale, and Lend�r shall ha�e the right to foreclose �y judicia! 'forec�osure, in either case in
<br /> accordance wi�h and�o the fu�l ext�nt pro�ided by applicabie law.
<br /> 5uccessor Trustee. Lendsr, a# Lender`s op�ian, may from time t�time appoint a successor Trustee ta any Trustee
<br /> appainted unde�this ❑eed of Trust by an ins�rumen�executed and a�knowledged by Lender and recorded in �he
<br /> offi�e of�he r��order af HALL Gaunty, �tate af N�braska. The instrument shali contain, in addition to ai1 other
<br /> matters required by state law, the names of �he ariginal Lende�, Trustee, and Trustor, #he book and page (or
<br /> compu�er system reference} where this ❑eed of Trust is reeord�d, and the name and address vf�he successor
<br /> �rustee, and the ins�rument shai!be executed and acknowiedged by�I1�he beneficiaries under thfs Deed of Trust or
<br /> their success�rs in interest. The su�cessor truste�, w�thou't con�eyance af th� Proper�y, shall succeed to a�� the
<br /> title, pawer,and duties conferred upon the Trustee in this Deed o�Trust and by app�icable law. Th�s procedure for
<br /> Substifutian af Trustee shall go�ern to the exclusion af al{o#her prv�isions�or subsfitu�ion.
<br /> NOTICES. Any notice required ta be gi�en under�his ❑eed af Trust, including without limitation any notice a�default
<br /> and any notice of saie shall be g��en in writing, and shall be e�fecti�e when a�tually deli�ered, when actually received
<br /> hy t�le�acsimife�unless atherwise required by law},when deposited with a nationa�ly recognized o�ernight courier, or, if
<br /> maifed, when deposited �n#he United Sta�es mai�, as firs�class, certified ar regi�tered mail pas#age prepaid, direc�ed ta
<br /> the addresses shown near the beginning a�this Deed �f T�ust. A�1 copies of notices af fore��vsure fr�m the holder of
<br /> any [ien which has pr�o�-ity v�er#his ❑eed ❑f Trust sha#1 be sent to Lender's address, as shown near#he beginning af
<br /> this Deed af Trust. Any pa�#y may change its address for natices under this Deed v�"�rust by gi��ng �ormaf written
<br /> notic� ta the other parti�s, specifying #hat the pu�pose o� the notice is to change the party's address. Far notice
<br /> purposes, Trustor agrees#o keep Lender infarmed af a�!f�mes of Trustor's current address. Unless �therwise provided
<br /> ar required by faw, if there is more than one Trusto�-, any noti�e gi�en by Lender to any Trustor is deemed t� be natice
<br /> given ta a��Trus#ars.
<br /> Fl1T�RE ADVANCES. This ❑eed af Trust secures aF! fiuture ad�ances made by Lende�- under this Note, including al!
<br /> amendments, renewals,extensions or refinancings�h�revf.
<br /> AA1S��LLANE�]US PR�VI5IQNS. The�'ollowing miscelfaneous prQ��sions are a part of this Deed of Trust:
<br /> Amendmenfs. This Qeed af Trus#, together with any Related ❑ocuments, cans�itu�es the en�ire unders�an�ing and
<br /> agreement of the pa�i�s as ta �he matters set€or#h in this []eed of Trust. No altera�ion of or amendment�o this
<br /> Deed o�Trust shall be effecti�e unless gi�en in writing and signed by fhe par�y or parties svugh�to be charged or
<br /> b�und by the alteration or amendment.
<br /> Annual Repvrts. If the Property is used for purposes other fhan Trus�ot�'s r�sidence, Trustor sha�l furn�sh to
<br /> Lender, upon request, a certified s�a#emen� o� net aperating incvme receiv�d from the Prope�ty during Trustor's
<br /> pre�iaus fiscal year in such farm and detaif as Lender sha1� require. "Ne� operating income" shal! mean a�l cash
<br /> receipts from the Property less aff eash expenditures made in connection wi�h the opera�ion of th�Prope�ky.
<br /> �aptivn Headings. Captian headings in this Deed of T�-ust are for ��n�enience purposes onfy and are no� �o be
<br /> used to interpret o�-de�ine the pro�isions of�his Deed of Trust.
<br /> �Illerger. There shai! be no m�rger o��he interest or esta�e created by this �eed vf Trust with any other interest or
<br /> estate in the Property at any time held by❑r fo��he ber�eft of Lender in any capacity,without the wri��en ctins�nt
<br /> vf Lender.
<br /> Go�ern�ng Law. This Deed �f Trust w"rl! be gaverned by federal law applicable �o Lender and, to #he ex�en# no�
<br /> preemp�ed hy�ederal law,the laws of the Sta�e of Nebraska wifhaut regard to��s confli�ts af law pro�isians. This
<br /> ❑eed of Trust has been accep#ed by Lender in the S�ate of Nebraska.
<br /> Chaics of Venus. If there is a lawsuit, Trustor agrees upon Lender`s request tv submit to the jurisdi�tion vf�he
<br /> cvurts af❑ouglas Caunty, State af Nebraska.
<br /> Join� and 5e�eral Liahitity. All obl�gations vf Borrower and Trustor unde�- this Deed ❑f Trust shal� be �oin� and
<br /> se�eral, and a!I references to Trusto�shall mean each and��ery Trustor,and a�l referen�es ta Borrawer shall mean
<br /> each and e�ery Borrawer. This means that each Trustor signing belovu is responsibl�for a��obli�ations in this Deed
<br /> of Trust.
<br /> No V11ai�er by Lender. Lender sha#I not be deemed ta ha�e wai�ed any rights under this Deed of Trust unless such
<br /> wai�er is given �n w�iting and signed by Lender. Nv de�ay or omissian on the par�af Lende�-in exercising any right
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