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2� 1 �� 1971
<br /> fees incurred by the recei�er, and apply �he net proceeds to the paymenfi of fihe �bliga�ions secured
<br /> hereby. Such recel�er will ha�e all �he ��her usua[ pawers of recelvers au�hori�ed by law and as the
<br /> co u rt may d Irect.
<br /> e� ln �he e�ent Trustor faiis to pay any liens, judgmen�s, assessmen�s, taxes, �ents, fees, or charges
<br /> or maintain any �nsurance on �he Pr�per�y, b�irdings, fix�ures, at�achmen�s, or �mprovements as
<br /> p�ovided herein or in the Loan Dacuments. Lende�, afi i�s op�ion, may make such payments vr pro�ide
<br /> insurance, main��nance, or repairs and any amounts paid �herefar will become part af the principa[
<br /> �bligations secure� hereby, be immediafiely �ue and payable and bear interest at �he defaul� rate
<br /> pravided In the Laan Documents from the da�e of paymen� un��� paid. The ad�ancement by Lender af
<br /> any such am�unts will in no manner limit fhe right of Lender�o declare T�us�ar in default or exercise
<br /> any af Lender's o�her r`rgh�s and remedies.
<br /> f. In the even� Lender is a party�o any li�igation affec�ing �he Prvperty or thls trust deed, inc[uding any
<br /> actlon by Lender tv enforce fhis �rust deed or any sui� in which Lender is named a def�ndan�
<br /> �including eminen� domain and bankrup�cy praceedings�, L�nder may incu� e�p�nses and advance
<br /> payments fvr abs�rac�fees, a�orney's fees �fo the ex�en� allowed by law}, C�S�S, expenses, appraisal
<br /> fees, and a�her charges an�l any amounts so advanced w�ll become pa�t af�he principa� �bliga�ions
<br /> secured hereby, be immediately due and payable and bear in�erest a�the defaul� rate praWided in the
<br /> Laan Documen�s from the da�e of advance until paid.
<br /> 8. Delay by Lender in exercising ��s righ�s upon defau[t wi[� na� be construed as a waiver thereof, and
<br /> any ac� of Lender waiWing any speclfic default will not be construed as a wa��er vf any future default. If
<br /> �he proceeds under sale or forecIosur� as set farth abvve are Insufficient to pay �h� to�al �bi�gat�ans
<br /> secured hereby, Lender`rvill be entifled to a deficiency judgmen�.
<br /> 9. Any awards made �v Trus�or or their suCcessors by th� exercise af eminen� damain are hereby
<br /> assigned �o Lender; and Lender Is hereby au�hvr��ed t� ca[[ect and apply the same in payment af any
<br /> indeb�edness, matured vr un-matured, secured by this trust deed. T�us�v� shall immediafeiy na�ify
<br /> Lender of any ac�ion in eminen�damain.
<br /> '�0.This�rus�deed cons�r�u�es a security agreemenf wi�h respect to all the Praperty described herein.
<br /> 'I�I. No remedy hereln conferred upon or reserved �t� Trusfee �r Beneficiary is in��nded fa be exc�usive
<br /> vf any �ther remedy herein or by law prv�ided ❑� permitted, but each wiEE be cumu�ative, wifl be in
<br /> additian to eWery o�her reme�y gi�en her�under or now or h�r�after exis�ing at �aw or �n equifiy ar by
<br /> s�atu�e, and may b�exercis�d concurrently, independently or successiv�[y.
<br /> '12� Trust�r ackn�wledges �hat �h� du�ies and obliga�ians of Trustee wi�l be determined soleIy by the
<br /> exp�-�ss pravisians of thEs trus� deed ar fihe Nebraska Trus� ❑eeds Ac� and Trus�ee wr�� nofi be liable
<br /> except fvr the perfarmance of such du�i�s and ob�igations as are �pecifically set f�rtn therein, and no
<br /> im�lied covenan�s or ob[igations wi11 be imposed upon Trustee; Trustee wil! nof be Iiable for any ac�ron
<br /> by i� in g��d fa�th and reasonably belie�ed by l� to be aufhori�ed or withEn �he discre�ian or righ�s a�
<br /> p�wers conferred upan it by�his�rust deed or stafe [aw.
<br /> '[3. The cavenanfs con�ained in �his �rus� deed rrvrl! be deemed �o be severable; in �he e�en� tha� any
<br /> partion �f this trusf deed is determined fa be��id �r unenforceable, tha�determina�ion w�ll n��affect�he
<br /> validi�y of the remain�ng portions of the trust deed.
<br /> '�4. Trustor hereby requests a copy of any no�ice of defau[� or na�ice af sale hereunder�o be mailed by
<br /> certified mail to Trust�r at�he address se�farth herein.
<br /> '�S. A11 no�ices, requests and demands �o ar upon �he respec�'rve parties hereta.t� be effec�i�e shall be
<br /> in wri�ing and, unless atherwise expressly provided h�rein, shail he deemed �v have been duly gi�en or
<br /> made when deli��red by hand, or fihree days after being dep�si�ed in �he mai�, pos�age prepaid, or, in
<br /> �he case vf d�l�very by a nati�nally r��ogni�ed o�rernigh� courier, when re�elv�d, addressed �a ane or
<br /> more of�he Individuals execu�ing this trus�deed on beha[f of such party a��h� address se�farth abave,
<br /> or fiQ such o�her address as such party may d�signate for itself by Cike no�ice.
<br /> '16� Trustor shall promp�ly pro�ide andl�r execute and deliWer fo Lender such fur�her ins�rumen�s,
<br /> inc�uding, but nafi Iimited to, mortgages, deeds of �rus�, securi�y agreemen�s, financing statements,
<br /> con�inua�ivn statements, assignments, certif�cates, aif�da�i�s, addendums, amendments or reso[utions
<br /> rn form and subs�ance sati�factory to L�nder �ha� Lender may requir� tv effectuate, comp[ete, perfect,
<br /> continu�or preserve�his trus�deed or any oth�r Loan Documents, ��liga��ons or liens reIa�ed �hereto.
<br /> 'I7. This frusfi deed and a�I af�h� Loan D��umen�s cans���ute �he en�ire and cample�e understandin� of
<br /> the parties h�re�o-and supersede all prior agre�ments and unders�and�ngs relati�e�o the subjec�mat�er
<br /> hereaf. This trust deed may not be effect��ely amended, changed, altered ar modif�ed, except in writing
<br /> execut�d by aIl partles. To the ex�ent �he pro�isions can�a'rned �n fihis trust deed are inconsis�en� with
<br /> App#:�3778�0; C[F#:384�3; Nofe#:3n�69'�5 ���EA Legal Doc.Da�e:April�,�0�6
<br /> F4RM 5�'11,Trust Deed and Assignmenf of Rents Page 6 of 8
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