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2� 1 �� 14�3
<br /> DEED �F TRU�T
<br /> �Cont�nued} Page �
<br /> and upvn any appeal. Vllhether or not any cvurk act�an is inWal�ed, and tv the �xtent n�t prahibited by law, al[
<br /> �easonable �xR�nses Lender �ncurs that in Lend�r's opinion are nec�ssary at any t�me far the protection af its
<br /> in�erest or the�nforcement of its rights shai[be�ome a part of the Indebtedness payable on demand and shall bear
<br /> interes�at the N��e�ate from the date of ths expenditure until repaid. Expenses covered hy th�s paragraph inc�ude,
<br /> without limita�ian, howe�er subject to any limits under applicable law, Lender's a�tarneys' �ees and Lender's legal
<br /> expenses, whe�her or nvt ther� is a lawsuit, including attorneys' fees and expenses �or bank�-uptcy prv�eedings
<br /> �including ef�or�s t� mvdify or va�ate any automati�stay or injunc�ian}, appeals,and any an�icipat�d post�judgment
<br /> collectian sen�ices, the �ost of searching records, obtaining tit[e reports �including fvrecfvsure reports}, surveyors`
<br /> rep�rks, and appraisal fees, fi�le insurance, and fie�s f�r �he Trustee, ta the extent permitted by applicabEe law.
<br /> Trustor also will pay any cou�costs, in addition to ail other sums provided by 1aw.
<br /> Rights vf Yrustee. Trustee shall ha�e afl v#�he rights and duties of Lender as set forth in this sectivn.
<br /> PaWERS AND DBLlCAT10NS�F TR�STEE. The following pro�isivns refating�o the powers and abliga#ivns of Trustee
<br /> are par��f this Deed of Trust:
<br /> Powers of Tr-�ste�. ln add�tion to al[pawers of Trustee arising as a matter of law, Trustee�hall ha�e�he Rower�o
<br /> take the fatlowing actions w ith r�spect to the Property upon the w rit�e n �reques#af Lend�r and Trustor: �a}jain in
<br /> prepar��ng and filing a map or plat of the Reaf Proper�y, including the d�dication ofi street� ar vther rights t4 �he
<br /> public; �b} so�n in granting any easement or �reating any �BS�riCtlon on the Real Property; and ��} �oin in any
<br /> suhvrdination vr other agreement affe�ting this Deed of Trust or the interest of Lende�-under this Deed ofi Trusi.
<br /> Trustee, Trustee shai! meet all qualifcativns required �far T�ustee under applicable law. In addition �v the rights
<br /> and remed3es se�forth above, wEth respec�tv al! or any par� vf the Property, the Trustee sha�l ha�e the right to
<br /> �arec[ose by n�t�ce and sale, and Lender sha�� ha�e �he right to forecl�se by judicia� fore�lvsure, in either�ase in
<br /> accordance with arid tn�he fulE e�tent pra�ided by app�icabl��aw.
<br /> Su�c�ssor Truste�. Lender,a�L�nder's op#�an, may�rom time�o time appv�nt a success�r Trustee to any Trustee
<br /> appointed under�his Deed of Trust by an instrument execu�ed and acknowl�dged by Lender and recorded ir� the
<br /> vffice vf the reco�der of Ha�l �ounty, State of Nebrasl�a. The instrumen# shall con�ain, in additivn to all vther
<br /> matters required by s�ate law, the names �f the �riginal Lender, Trus�ee, and T�ustor, the bavk and page �or
<br /> cvmpu#er systern refer�nce} where this Deed vf Trus� is recorded, and the name and add�ess of�he successor-
<br /> trus�ee,and the�nstrument shall �e executed and acknowledged by alI the benefciaries under this Deed a�Trust or
<br /> their succ�ssars in interes�. The successvr trustee, without con�eyance ❑f the Property, shal� succeed ta all the
<br /> title, power, and duties confierred upon the Trustee in�his Deed of Trus�and by applicable Iaw. This procedure far
<br /> substitution of Trustee shall go�ern to the exclusian af all other prov�s�ans for substitufion.
<br /> N�TICES. Any notice required #v be gi�en under this Deed of Trust, including without limitation any nvti�e af default
<br /> and any notice ❑f sa�e shall �ae gi�en in writing, and shall be effecti�e when actual�y deli�ered, when a�tua�ly recei�ed
<br /> by telefa�simile�uniess�therwise required by[aw},when depvsited with a nationally recognized v�ernight courier, vr, if
<br /> mailed, when depasified in�he United 5#ates maif, as first�tass, ce�fified or registere�i mail pastage prep�id, direc#e�!to
<br /> the addresses shown near�he b�ginning af�his aeed of Trust. All copi�s vf notices v�foreclosure from the hofder of
<br /> any (ien which has priority a�er this Deed of Trust shall be sent to Lender's �ddress, as shQwn near the beginning of
<br /> this ❑eed of Trust. Any party may �hange its address for nvti�es under#his Deed af Trust �y gi�ing�armal written
<br /> notice to the ather parties, specifying that �he purpose af the natice is ta change the party's address. For not�ce
<br /> purpases, Trustor agrees to keep Lender infvrmed at all times ❑f Trustor's current address. Unless otherwise pro�ided
<br /> ❑r requ�red by law, if#here is mvre than one Trustor, any notice gi�en by Lender ta any Trustnr�s deemed to �e not�ce
<br /> giWen fiv al�Trust�rs.
<br /> ELECTR�NlC CLlPIES. Lender may Gopy, electr�nically or atherwise, and th�reafter destrvy, the originals o� this
<br /> Agre�ment andl�r Relat�d Docum�nts in �he regular caurse of Lender's business. A11 such copies produced from an
<br /> electroni�farm ar hy any ather reliable means (i.e., phatographic image or�acsimile}shall in al� respe�ts be�onsidered
<br /> equi�alen�to an origin�l, and Borrow�r hereby wai�es any rights or objections t�the use o�such Gop�es.
<br /> MiSCELLANEDUS PRDVI5I�N5. The followEng miscellaneous provisivns are a part❑f this Deed of Trust:
<br /> Amendments. This Deed vf Trus�,toge�her with any Re[ated Dacuments, constitutes the entire understanding and
<br /> agreement af#he parties as to the matters se�forth in this De�d vf T�ust. No alterafion �f or amendmen�ta this
<br /> Deed vfi Trust shall be effecti�e unless gi�en �n writing and signed by the party vr parties sough�fo be charged or
<br /> hound by th�afteration or amendment.
<br /> Annual Reparts. [f the Praperty is used for purposes afiher than Trusfor's r�sidence, Trustor shall furnish �o
<br /> Lender, upvn �equest, a certified s�atement o� ne�operating incame reGei�ed from #he Pr�perty during Trustvr's
<br /> pre�ious fis�al year in such form and detail as Lender shall require. "Ne� vperating income" shall mean a[I �ash
<br /> �-eoeipts�rom the Praperty�ess all cash expend��ures made in cvnnectivn with�he operation of the Property.
<br /> Caption Headings. �aptivn headings in this Desd af Trust are for con�enien�e purposes only and are not to be
<br /> used to interpret❑r define the p�'��isivns of this Deed o�Trust.
<br /> Merger. There sha�! be no merger o�the in�erest or es�a�e created by this Deed v�Trust with any other�nterest vr
<br /> estate in �he Prvperty at any time he�d by or for the henefi�of Lender in any capacity, without the written c�nsent
<br /> of Lender.
<br /> Gvr►erning Law, This Deed of Trus# wi1� be go�erned by federal I�w app�'tcable to Lender and, to the exten# nvt
<br /> preempted by federa� Eaw,the laws o��he S�ate of N�braska wit�out regard t�its c�n�lic�s vf law pro�isions. This
<br /> Deed❑f Trust has been ac�epted by Lender In the S#ate of Nebraska,
<br /> ChoE�e of Venue. If there is a lawsuit, Trustar agr� upon Lender's �equest to su�amit tv the jurisdictian of the
<br /> courts of Hall Gaunty, State af Nebraska.
<br /> Jain� and Several Liability. All obli�a�ions of Trustvr under�his Deed of Trust sha�i be�flint and several, and a[1
<br /> re�erences to �rustor shall mean each and e�ery Trus�vr. This means �ha� ea�h Trustor signing beiow i�
<br /> respansible far all vbligations�n this Deed of Trust.
<br /> No 1Nai�er by Lender. Lende�shall not be deemed to have waiWed any righ#s under this Deed of Trus�unless such
<br /> wai�er��given in writing and signed �y Lender. N�d�lay ar omissivn on the part af Lender in exercis�ng any r�ght
<br /> shall opera�e as a waiver of such right vr any�ther right. A waiv�r �y Lend�r a�a pro�risian of this Deed of Trust
<br /> shall na� pre�udice or constitute a wa��er �� Lender's r�gh� otherwise �a demand stric� comp�iance with fhat
<br /> pr��ision or any other provision of th€s Deed of Trus�. Nv prior waiver by Lender, nor �ny cnurse of dealing
<br /> hetween Lender and Trustor, shatl ��nsti#ute a wa��er of any o'�Lender'� �ights or o� any of Trus�or's o�liga�ion�
<br /> as to any future transa�tions. Whene�er the cansen�o� Lender is required under this Deed of Trust, the granting
<br /> af such cansent by Lender in any instance shal! not constitute cvntinuing consent to subsequen�instanc�s where
<br /> such consent is requir�d and in al!cases su�h consen�may be granted�r withheld �n the sole discreti�n o�L�nder.
<br /> 5e�erability. If a court of competent jurisdictivn finds any pro�ision o�this Deed af Trust tv be i[legal, in�a[id, or
<br /> unen�orceable as to any person vr circumstance,that finding sha�l n�t make the offending pro��sion iflegal, in�alid,
<br /> ar unenforcea�le as�a any other person ar circumst�nce. I�feasibl�, the vffending provisian shall be consid�red
<br /> mvdified sa that it hecx�mes[egal, �alid and enforceable. If the offending prn�ision cannat be so modified, it sf�all
<br /> be considered deleted �rom this D�ed of Trust. Unless o�he�wise requsred by law, the �14egatity, in�a[idity, ar
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