201601079 - Laserfiche WebLink

Browse

2� 1 �� 1 �79 vEE� �F T�u�-r Laan No: '�C7��9�427 �Continued� Page 9 �his Ueed af Trust. Any party may change its address for notices under this Deed of Trust by giving forma� written notice to th� o�kher par�ies, sp�cifying �hat the purpose of the notice is to change the party's address. Fvr no�ice purposes, Trustor agress to keep Lender in�ormed at all times af Trus�or's current address. Uni�ss o�h�rwise pro�id�d or r��uired by law, i�fihere is more than one Trustor, any n�tice gi�an by Lender�� any Trustor is deemed to be natice giWen ta al!Trustors. IVIlSCELLANE�US PRaVIS��NS. The following m�sceflaneous pra�isions ar�a part�f this Deed of Trus�: Amendments. Th�s Deed of Trust, together with any Related Documen�s, ��nsfiitutes the entire understand�ng and agreem�r�t afi the parties as �❑ �he ma�ters s�t for�h �n this U�ed ❑f Trust. Nv alteratian of or am�ndment to this Deed o�Trust shall be ef�ective unless given in writing and s�gned by the party or parties sought to b� charged or bound �y the alteration or amendment. Annual Repor�s. If th� Proper�y is used �or purposes a�her than Trustor's residence, Trustor shall furnish to Lender, upon r��uest, a certified sfiaternent of net operating income received fram th� Proper�y durin� Trustflr's previous f�scal year in such �orm and d�tail as Lender shall require. "Net operating income" shall mean all cash receip�s fram the Property less a!I �ash expendi�ures made in c�nne�tion with�he operafiian of the Property. Cap�ion Headings. Cap�ion headings in this Deed o� Trust are for con�enience purpases only and are nQt to b� used to i��erpret or define the pro�isions�f�his Deed ❑f Trust. flllerger. There shal[ be no merger af the interest�r estate crea�ed by this Deed of Trust with any oth�r interes�ar estat� in�he Frnperty at any time held by or for�rhe benefi�of Lender in any capacity. without�he writtsn consent o�F Lender. Ga►rerni�g Law. This Deed of Trus�t will be gvverned by #edsral law applicable fi� Lender and, �❑ the �x�ent nvt preempt�d by�ederal faw,the laws of the State of Nebraska w�thout regard to its confli�fis a��aw arv�isions. This Qeed o�Trust has been accepted by Lendsr in the S�ate af Nebraska. Ghoice vf Venue. If there is a lawsuit. Trustor agrees upon L�nder's request t� submit �o the jurisdictian of�he cour�s�f HALL��un�y, State af Nebraska. Jo�nt and S�vera� Liability. All ohligations af Barrower and Trustor und�r �his Deed �f Trust shall be jaint and s�veral. and all references t�Trus�or sha�! mean�ach and every Trustvr� and all references to 6�rr�wer shall mean each and e�ery Borrower. This means tha��ach Trustor signing �elow is responsib�e for all abligations �n this Qeed o�Trus�. Wher� any one ar more of the parties is a corporafii�n, partnership. limited liability campany ❑r similar entity, i�is na�necessary far Lender to inquire intv�he powers o�any of the ofi�icers, directors� partners, members, or other agents acting or purpor�ing ta act on the enti�ty's b�half, and any obligations made or created in relian�� upon the prafessed exercise of suGh powers shall be guaranteed und�r this ae�d �f Trust. N❑V11a�Wer by Lender. Lender shall not be deemed ta hav�wai�ed any rights under this Deed of Trus�t unless su�h wai�er is g��n in writing and signed by Lender. Na delay or vmiss�on on th� par�k vf Lender in exercis�ng any right shall �perate as a wai�er v�su�h righ� or any other right. A waiver hy Lender of a pr��isi�n of this Deed of Trust shall not prejudice or constitu�e a wai�er of Lender's right otherwise to deman� s�ri�� cflmpEiance ►rvith that pro�ision or any other pr��ision of this Deed a� Trust. No pr�or wai�er by Lender, nor any course o� d�aling between Lend�r and Trustor, shal� constitu�re a wai�er �f any flf Lender's rights or of any of Trust�r's Q�IigatEons as t� any fu�ure transa��ions. Vllhen�v�r the consent af Lender is required und�r�his Deed af Trust, the �ranting of su�h cansen� by Lender in any instance shall nvt consti�ute continuing cansent to subsequent ins�ances where such consent is r�quired and in all cas�s such consent may be grant�d or withheld in the sole discretion of Lender. 5e�erab��ty. If a cour� �� compe#ent jurisdicti�n finds any provision af this Deed of Trust ta be illega[, in�alid, vr unenforceabCe as tv any �ircums�ance, that finding shall not mal�e the o��ending provision illegal, in�al�d, or unenforcea�l� as fo any other circumstanc�. If �easible, the a��ending pro�ision shall be consider�d madified so that it becomes legal, �alid and enforceabl�, I� the o�fending pravision cannot be so madifi�d, it shall be cvnsidered deleted �rom this Deed of Trust. Unlsss otherwise requir�d �y law, the illegality, invalidity, or unenforceability �f any pro�isian o�this Deed vf Trus� shall not affect �he legali�y, validity ar enfvrceabili�y af any a�h�r pro�ision of�his Deed of Trus�. SucGessars and Assigns. Subjec� to any IEmi�a�ions s�ated in this Deed of Trus� �n firansfer �f Trustor's int�rest, this Deed af Trust shal� be binding upan and inure �ro �he benefit o� the parties, �heir successors and assigns. If ownership �f the Praper�y becomes �ested in a p�rson ❑�her than Trustor, Lender, wifih�ut natice t� Trustar, may deal wi�h Trustar's successars with reference tv this aeed of Trust and the Indebtedness by way a�forbaarance or ext�nsion withQut rel�asing Trus��r fram the obligations��this Deed of Trus�or liability unde�-the Indebtedness. Time is af the Essence. Time is o�f the essence in�he per#ormance a�f this Deed af Trust. 1Naiver of Homestead Exemptivn. Trustor hereby releas�s and wai�es ali ri�hts and bene�i�s of the homes�ead exemption laws�f�he Sta�e of Nebraska as to al� Indebt�dness s�cured by�his Deed❑f Trust. aEFINITI(]NS. The following capitali�ed words and terms shall ha�e the �oliowing meanings when us�d in this Deed af Trust. Unless speci�ically stated to fihe con�rary, all references to dollar amounts shall mean am�unts �n lawful maney of �he United States ❑� America. Words and terms used in the singular shall include the plural, and the plural shalE includ� �he singular, as the cantext may require. Words and terms n�t atherwise de�ined in this Deed of Trust shall ha�re the meanings a��ributed to such�erms in the Uniform Commer�ial Code: