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2� 1 ��2� 11 vEEv oF TRusT L�an Nv: �D��9432�� Contlnued} Pa�e 9 Su�cessvr Trus#ee. Lender, at Lender's ap�ian, may from time to�im� appoint a successar Trusfiee�o any Trustee appointed under this Deed a�Trus� 1ay an instrument execu�ed and acknowfedged by Lender and recarded in �he o��ice ❑f the r�carder of HALL Caunty, S�a�e of Nebraska. The instrumenfi shall �on�ain, in addi�ion to all ❑ther ma��ers required 1ay state law; fihe names of the origirial Lender, Trustee, and Trus�or, the book and page �or campu�er sys�em reference} where this ❑eed ❑f Trus� is recorded, and the name and address o� fihe successvr �rustee, and the instrumen�shall he execu�ed and acknaw�edged by alf the beneficiaries under th�s Deed of Trust or �heir su��essors in in�eres�. The successor trust��, withou� canveyance of�he Prope�ty, shafl succeed �❑ all �he �i�le, power, and du�ies con�erred upvn�he Trustee in this Deed �f Trust and �y applicab�e law. This procedure fvr substi�u�ivn of Trus�ee sha��gv�ern�o�h�exclusion❑f all o�her pro�isions far subs�i�ution. N�TfCES, Any natice required �❑ be gi�en und�r�Chis Deed of Trust, inc�uding w�thaut limita�ion any notice of de�au�t and any notice ❑�sale shall be given in writing, and shall be effec�iWe wh�n ac�ually deliWered, when actuaf[y receiWed by telefacsimile �unfess o�herwise required I�y law�, when depasi��d wifih a nationally recogni�ed a�ernight�vurier, ❑r, if maifed, when deposited in the United 5tates mail, as firs� class, cer�ified ar regis�ered mail postage prepaid, direc�ed to the addresses shawn near the beginning of this Deed of Trust. A�1 �opies of na�ic�s o�fareclosure f�om the holder o� any iFen which has priority a�er�his Deed o�Trust sha[I be sent to Lender's address, as shown near�he beginning of this ❑eed a� Trus�. Any par�y may change its address for nofiices under �his ❑eed o� Trust by giving formal wri��en no�ice t❑ the other parties, speci�y�ng that the purpose o� fihe notice is t❑ change �he party's address. For no�ice purposes, Trus�vr agrees�to keep Lender in�vrmed at a��imes af Trus�ar's �urrenfi address. Un[ess otherwise prv�ided or required by faw, i�there is mvre fihan one Trus�or, any natEce gi�en by Lender to any Trustor is deemed t❑ 1ae natice gi�en�a all Trusto�-s. M[SCELLANE�IIS PR�VISI�NS. The�a�€owing m�sce�Ianeaus pro�isions are a part v��his ❑eed a�Trusfi: Amendments. This Deed af Trust, �oge�her with any Re�afied Dvcumen�s, canstifiu�es the en�[r� understanding and agreemenfi af the par�ies as �o the ma�ters se��Fvrfih in this Deed ❑�Trus�. No altera�ion of ❑r amendment tv this Deed of Trusfi shall be effec�i�e unless gi�en fn wri�ing and signed by the par�y ❑r par�i�s sought t� be charged ❑r bound by�he alteration or amendment. Annual Repvr#s. lf the Property is used for purpases other than Trustar's residence, Trus�or shall furnish to Lender, upon request, a �erti�ied s�ka�ement o� net operating income receiv�d from the Properky during Trus�or's pre�ious �fiscaf year in suGh form and detail as Lender shall require. "Net operating incom�" shall mean all cash receipts firvm�he Praperty[ess all �ash expenditures made in connectivn wi�h�he ❑peratian o�fihe Property. Cap�ion Headings. Cap�ion headings in �his ❑eed af Trust are for con�enience purposes ❑nly and are nat ta be used�o in�erpr��ar define the pro�isions ❑�this Deed a�Trust. Merger. There shall be n❑ merger�fi the in�eres�❑r estate crsa�ed hy�his Deed ❑f Trust wifih any�ther in�e�es�❑r estate in�khe Property a� any fiime held by or for�he hene�it❑f Lender€n any capacifiy, wi�hou�the written consent of Lender. � � Go�rerning Law. This Deed vf Trust will be governed by federal law app�i�abEe to Lender and, to �he ex�en� no� pre�mp�ed hy#ederal law,the�aws ❑��he S�a�e of Nebraska wi�hout regard to its �anflic�s o�law pravisi�ns. This Deed v�Trust has been accep#ed hy Lender En the State of Nebraska. Chai�e ❑�Venue. If�here is a lawsuit, Trustor agr�es upon Lender's request to submi��o the jurisdic�ian af the cour�s vfi Hall Coun�y, 5tate of Nebraska. Jvin� and Se�reral Liabi[ity. All ❑hliga�ions ❑f Borrawe� and Trus�or und�r �his Deed o� Trus� shall be joint and seWeral, and a(f referen�es to Trustar shall mean each a�d e�ery Trustor, and all re�erences�❑ gorrower shall mean each and ��ry Borrvwer. This means�khat each Trusto�-s�gning below is responsib�e�or a��obliga�ions in�his Deed o�F Trust. Where any ❑ne or more v� the parties is a corpora�ian, par�nership, Iimited liabili�y company vr similar entity, i�is no�ne�essary�or Lender�� inquire �ntv�h� powers v�any❑f�he officers, direc�ars, partners, members, ❑r other agents ac�ing ❑r purporting �o act ❑n the enti�y's behalf, and any �bfigativns made or crea�ed in reliance upan�he prafessed exercise❑f such powers sha�� be guaranteed under th�s Deed o�Trust. N�Vllaiver by Lender, Lender shall na� b� deemed to ha�e wai�ed any righ�s under fihis Deed of Trust unless such v+raiver is gi�en in writing and signed by Lender. Na delay❑r omission ❑n�he par�❑f Lender in exercising any right shai! ❑perate as a waiWer oi`such right❑r any other righfi. A waiver by Lender of a pro�ision vfi this ❑eed ❑-�Trus� shalf nafi prejudice or cons�i�u�e a wai�er o� Lende�r`s right atherwise to demand s�ri�� campliance wi�h tha� prv�ision ❑r any o�her proWisivn of this Deed ❑f Trust. No prior wai�e�- by Lender, nar any cvu�se of dealing between Lender and Trus�or, shall cons�i�u�� a waiWer ❑� any ❑f Lender's righ�s or of any o�Trustvr's ohli�atians as �o any fu�ure transac�ions. Vllhene�er�he consent of Lender is required under this Deed af Trus�, fihe granting o� such consent by Lender in any instance shal� not constitufie cvntinuing consen�t ta su�sequen� ins�ances where such consent is required and in all �ases such cvnsent may be gran�ed ❑r withheld in the sofe discretion❑f Lender. Se�erabi[ity. If a caur� of competent jurisdi�tivn finds any provision ❑f this ❑eed ❑f Trust�o be €Ile�al, in�alid, or unen�orceab�e as to any circumstance, fihat �inding shall no� make the ❑ffending pro�ision illega�, inWalid, �r unenfarceab�e as to any ❑�her circumstance. If feasib�e, �he ❑ffending pro�ision sha�i be considered modified s❑ tha� i� becames lega�, �alid and en��rceable. If �he o�fending pro�ision canno� b� so modifiied, i� shalj be considered dele�ed �ram this Deed af Trust. Unless ofiherwise re�uired by law, the illegali�y, in�alidity, ar unen�arceability af any pra�ision af�his l�eed o�Trust sha�I nat af-�ec�the legali�y, �alidity or enforceability ofi any