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2� 1 �� 1 �25 aEED �F TRLJST Loan No: 'I�'I 293'1 S� �C�nt�nued} Page 9 substitu�ian of Trustee sha[�go�ern to the exclusi�n o�a!!vther prvv�s�ons for subs#itution. N�TlCES. Any no��ce required �v be g��en under this ❑eed vf Trust, inc�uding withau� �imitation any nati�e o� defauf� and any noti�e ❑� sale shall be g�ven in writing, and shall be ef�ective when actually deii�ered, when ac�ually recei�ed by te�efacsimile {unl�ss otherwise required by law}, when deposi#ed with a natianal[y recognized a�ern�ght caurier, ar. if mai�ed, ►nrhen deposited in the United States mai[, as first class, certified or registered mail postage prepaid, direct�d to the address�s shown nsar�he beginning of this Deed ❑�F Trust. Al[ copies o� natices of fore�fvsure from the ho[der of any li�n which has priori�y aver this D�ed vf Trust shall be sen� #o Lender's address, as shawn near �he beginnEng nf this ❑eed o� Trust. Any party may change its address fvr notices under thEs Deed of Trus� by giving �armal written nati�e to the ❑ther parties, specifying that the purpose nf �h� no��ce is �o change the par�y's address. For natice purpases, Trustor agrees t❑ keep Lender in�arm�d at all�imes ❑f Trustvr's current address. Un�ess otherv►rise pro�ided ❑� required by iaw, i��here is more than one Trustor, any notice gi�en by Lend�r ta any Trustvr �s de�med tv be nvtice g+�en ta a!!Trustors. M�SGELLANE4U5 PRDViSlDNS. The�a�fowing misce�lanevus pro�is€flns are a part of this Deed of Trust: Amendments. This ❑eed�f Trus�, together with any Rela#e� flocuments, �onstitutes the entire understanding and agreement ❑f the par�ies as #� the matters se� forth in this Deed ❑f Trust. No al�eration of ❑r amendment ta this Deed ❑�Trust shal[ be effecti�e unless gi�en in writing and signed by the party vr par�ies saught t❑ be charged or bound by�he alteration or amendment. Annuai Reports. !f the Prvper�y is used fvr purpvses ❑fiher than Trus�or's residence, Trustor sha[I furnish ta Lend�rf up�n request, a certified statement ofi net aperating income r�cei�ed �rom �the Praperty dur�ng Trusta�-'s pre�iflus #�scal year in su�h form and detail as Lende�- sha�l requi�e. "Net operating income" shal� mean aEf cash receip�s fram the Property less a�f cash expenditures made in c�nnection w�th the aperatEan of�he Property. Cap��an Headings. Caption headings in #his Deed af Trust are for cvn�enience purpvses only and a�e not to he used tv interpret❑r define the pra�isions��this Deed ❑f Trust. Mer�er. There shall be nfl merger of�he interest vr estate created by thEs Deed of Trus�uvith any❑ther Enterest❑r estate in the Prvperty at any time he[d by or for th� benefit vf Lender in any capaci�y, without�he w�-�tten ��nsen� v�Lender. Go�srning Law. This Deed of Trust wi!! be gaverned by federal !aw applicable tv Lender and, tv the extent nat preempted by federal 1aw.�he laws of the 5ta#e of Nebraska withvut regard to i�s confl��ts ��law pro�isions. This Deed of Trust has been accepted by Lender�n the State of Nebraska. Choi�s o� Venue. I� ther� is a iawsuit, Trustor agrees upan Lender's request fia submit to the jurisdict�on vf th� cvu�rs o#Hall County, State of Nebraska. Join# and 5evera� Liabiiity. All vbligatians of Borrower and Trustor under this Deed o� Trust sha�� e joEnt and se�eral, and all references t❑ Trustor shall mean each and e�ery Trustvr, and all references to 6arrvwer shai! mean each and e�ery Borrawer. This means�hat each Trust�r sign�ng below is respansib[e fa�-all ablsga�ions in this Deed vf Trust. No Waiver by Lender. Lender shall nat be deemed t❑ ha�e waived any righ�s under this Deed ❑�Trust unless such wai�er is gi�en in writing and signed by Lender. No delay or vmiss�on on the pa��of Lend�r in exercising any right shaii operate as a wai�er af su�h right or any other right. A wai�er by Lender❑f a pro�ision of this Deed o�Trus# sha!! not prejudi�e or cans�itute a wai�e� af Lender`s righ� ❑�herwise tv demand strict compliance with �hat prv�ision flr any vther pro�isian o# this Deed a� Trus�. No pr€or wai�er by Lender, nor any cvurse af deal�ng between Lender and Trustar, shali cvnsti�ute a wai��r of any of Lender's rights or of any vf Trustar`s ob[Ega�ions as ta any fu#ure transa�tians. Wheneve�the consen# of Lender �s required under#his Deed flf T�-us�, �he g�ran�iny vf such consent by Lender in any ins#ance shall not canstitu�e cvntinuing consent �o subsequent instanc�s where su�h consen�is required and in all cases such consent may be granted vr w�thhe[d in th�sofe discretian vfi Lender. Se�erabili�y. �f a Gvurt vf competent jurisdict�vn �inds any pravis�on ❑f this Deed o�Trus�to be il[egai, invalid, ar unen#�rceab[e as �o any circumstance, �hat finding sha1� nv� make the ❑ffending pro�ision i��egal, En�al�d, or unenfvrceabfe as to any ather circums�ance. ifi #easible, the ofFending prv��sion sha[! be cansidered modi#ied so that it hecvmes legal, �alid and en�orceable. If the ❑ffending provision cannat be so modified, it sha[l bs conside�ed deEeted from this ❑eed of Trust. Unfess otherwise required by law, the iliegality, in�alidity� ❑r unenfvrceabi�i�y of any pro�isinn ❑f�his De�d of Trust sha!! no� affect the fega[ity� �alidity or enforceabil�ty vf any o�her pravision a�this De�d of Trus#. 5uccessors and Assigns. Subject t❑ any limi�a�ians stated in this Deed of Trust an �rans#er ❑f Trustvr's interest, this Deed a�Trust shail be bind�ng upon and �nure �o the I�ene#it af the parties, their success�rs and assigns. !f ownership af the Praperty becomes �ested in a persan o�her than Trus�or, Lender, withaut notice ta Trustvr, may dea! with Trustar's successors wi�h reference ta this ❑eed a�Trust an�the Indebtedness by way of forbearance ❑r extension with�ut releasing Trustor from the ohligations o�this ❑eed of Trus�or iiability under the Endebtedness. Tims is of the Essence. Time is v�f the essence in�he per�ormance of this Dee� of Trust. Waiver �f Homestead Exemption. Trustor hereby releases and wai�es afE rights and �en�fits o� the hom�stead exemptian �aws of the S�ate vf Nebraska as to a[I lndeb�edness secured by this Deed vf Trus�.