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2� 1 ��2�95
<br /> DEE1� �F TF��J�T
<br /> Lv�� N�: ��95� ���3�t����d� Page �
<br /> ac��on or pursuant to the power ❑�sale ar other po�nrers contained in �his D�ed o�Trust, shall prejudice ar �n any
<br /> manner a��ect Trustee's or Lender's r�ght to realize upon ❑r enforce any other security now ❑r hereafter held by
<br /> Trus�ee or Lender, it being agreed that Trustee and Lender, and each❑�them, shali be enti��ed�o enfiarce this Deed
<br /> o� Trust and any o�her secur-ity now ar herea�ter heid by Lender ar Trus�e� in such order and manner as they ❑r
<br /> ei�her af them may �n their absolute discret�on de�ermine. No remedy conferred upon ar reserved �a Trustee or
<br /> Lender, is intended �� b� exclusiWe o�any other remedy in �his ❑eed ofi T�ust or by lavv pravided ar permit�Ced, but
<br /> each shaIl be cumuiative and shaII be in additian t❑ every vther remedy given in this Deed a� Trust �r naw ar
<br /> hereafter ex�sting at Iaw or in equity or by statute. Every power or�emedy given by�he Na�e ❑r any o�the ReIat�d
<br /> D�cuments to Truste� ❑r Lender or t❑ which ei�her of them may be otherwise entitled, may be exercised,
<br /> concurrently ar independently, from time to time and as often as may be deemed expedient by Trustee ar Lender,
<br /> and eithe� a� them may pursue in��nsistent remedies. Nothing in this Deed ❑f Trust sha11 he construed as
<br /> prohibi�ing Lender from seeking a de�iciency ludgment aga�nst the Trustar�a�h�e��ent such ac��on is permirt�ed by
<br /> law. Elect�on by Lender to pu�sue any �-emedy shail not exc�ude pursuit of any ❑ther remedy, and an e�ectian to
<br /> make expenditures ar ta �ake ac�ion to per�orm an abligation o� Trusfiar under th�s Deed vf Trus�, after Trus'�or's
<br /> faifure to per�orm, sha�l nat a#�ec�t Lender`s right to de�lare a de�au��and exercise its remed�es.
<br /> Request�or I�otice. Trustvr, on behalf of Trustar and L�nder, hereby requests tha�a copy of any Na�ice af De�ault
<br /> and a capy o�any Nvti�� ❑f SaIe under�his Dee�l o�Trus� be maiied t❑ �herr-; at the addresses se�-Forth in�the first
<br /> paragraph a�F this Deed of Trust.
<br /> Attvrneys' Fees: Expenses. If Lender institutes any suit or action to en�orce any of the terms ❑f �his Deed of
<br /> Trus�, Lender sha�f be entitfed to reGo�er such sum as �he caurt may adjudge reasonab�e as at�orneys' �ees at�rial
<br /> and upon any appeal. Whether o� not any caurt ac�ian is involved, and t❑ �he exten� not prah�bited by law, a!!
<br /> reasanabfe e�cpenses Lender €ncurs �hat in Lender`s opinivn are necessa�y a� any time �Far fihe protection of i�s
<br /> interes� or�he en�orcem�nt af i�s rights shali become a part of�he lndebtedness payab�e on demand and sha�� hear
<br /> interest a�the Note rate from the date af the expenditure until repai�. Expenses ca�ered by�his paragraph include,
<br /> vUithout limitat�an, h�we�er subject to any I�mf�s under app�icahle 1aw, Lender's attarneysr fees and Lender's IegaI
<br /> expenses, �nrhe�her or no� there is a �awsui�, incfuding attorneys' �ees and expenses �or bankrup�cy proceedings
<br /> {incIud�ng efforts ta madify❑r vacate any automa't�c stay or injunc�ion�, app�als, and any anticipated pos�t-judgment
<br /> callect�an ser�ices, th� cost ❑f searching re�ards, ob�a�ning titf� reparts �including foreciosure reports}, surveyors'
<br /> repa��s, and appraisa� �ees, title insuran�e, and �ees far �he Trustee, t❑ the �xtent permitted by appIicable Iaw.
<br /> Trustor also wi�� pay any court cos�s, in add�fi�on t� all other sums provided by law.
<br /> Rights a�T�ustee. Trustee shal� ha�e ai! of�he rights and duties o�Lender as set far�h 3n this section.
<br /> P�WERS AND DBL1GATlQN�S QF�RUSTEE. The follawing pra�isi�ns relating �❑ the pawers and obl�gations ❑�Trustee
<br /> are part of this Deed a�Trus�:
<br /> Pvwers of Tr�stee, �n addition to a!I pawers ❑f Trus�ee arising as a matter o�law, Trus�tee shal! haWe the pawer�o
<br /> �ake �he �al�owing activns with respec�ta the Praperty upon the vvritten reques�❑� Lender and Trustar: �a} �oin in
<br /> preparing and �ifing a map ❑r p�a�C a� �he F�eaI Prap�rty, including the dedicatian a� stree�s vr ❑ther rights tQ the
<br /> pub�ic; �b7 �ain in granting any easement ❑r creating any restr-i�tion on the ReaI Property; and {c� join ir� any
<br /> subardination ❑r other agreement af�scting�his ❑eed ❑�Trust or the interest a�Lender under this Deed o�Trust.
<br /> Trustee. Trus�ee shal[ meet a!! quafi�ications required �or Trustee under applicable Iaw. �n addition �o the rights
<br /> and remedies se� forth abaW�, vUith resp�ct to a�� ❑r any part o� �he Praperty, �he Trustee shafl have �h� right to
<br /> foreclose by notice and sale, and Lender shal! have the right t❑ �oreclose by judicial ��reclasure, in eith�r case in
<br /> accardance with and�o the fuIf extent pro�ided by app��cabie law.
<br /> Successor Trus�ee. Lender, at Lender's option, may �ram time�o�ime appaint a successor Trustee ta any Trustee
<br /> appoin�ed under this []eed of T�us� by an instrumen� executed and acknowledg�d by Lender and recarded �n the
<br /> office af the recarder of Hal! Caun�y, Sta�e of Nebraska. The instrument shal! contain, in addition to al! a�her
<br /> matters required by sta�e Iaw, �h� names ❑f �he ariginal Lender, Truste�, and Trustor, th� book and page {or
<br /> comput�r sys�tem reference} where �his Deed o� Trus� is recorded, and th� name and address Q� �he suc�essar
<br /> �rustee, and the instrument shali be executed and acknowledged by all the beneficiaries under this Deed o�Trus�❑r
<br /> �heir su�cessors in interest. The successo��rustee, withou� conveyance a� the Property, shall succeed ta ali �he
<br /> �i�le, pawer, and du�ties con�rerred upon the Trus�ee �n this Deed of Trus�and hy applicahle Iaw. This procedure�ar
<br /> substitution af Trus�tee shai! govern to the exclusian o�a�� other pro�isions �or subst�tution.
<br /> N�TICES. Any natice requir�d �o be gi�en under this Deed ❑�Trust, inc�uding with�ut iimitation any notice of defaul�
<br /> and any n�tice o� sale shall be gi�en in writing, and shaI� be effecti�e when ac�ually delivered, when actuaIiy rece��ed
<br /> by te�efa�simi�e �un�ess otherw:se r�quired by�aw}, when deposited wi�h a na�tianally�-ecognized o�ernight caur�er, ❑r, i�
<br /> mailed, when depos�ted in��e United 5�ates ma�l, as �irst class, ce�tified or register�d mail posfiage prepaid, di�ected t❑
<br /> the addresses shawn near the beginning of this aeed ❑f Trus�. Ali copies of notices of �orecIosure �ram the hoider ❑f
<br /> any �ien which has prio�ity a�er �his ❑eed af Trust sha!! be sen�t �a Lender's address, as shown n�ar the beginning o�
<br /> th�s Deed of Trus�. Any par�ty may change its address fior notices under this Deed of �rust by giving forma� wr���en
<br /> no�ice t� the other par�ies, specEfying that the purpose ❑f the notice is to change the party's address. Far no�ice
<br /> purposes, Trustor agrees to keep Lender infarmed at ali times ��Trustor's curren� address. Unless o�herwise pr'o�ided
<br /> ar required by law, if ther� is more than ❑ne Trustvr, any natice g��en by Lender to any Trustor is deemed ta he natice
<br /> given�❑ a��Trustors.
<br /> MIS�ELLANEDUS PR4V�SI�NS. The faliowing m�scel�ane�us pravisions are a part of this Deed of Trust:
<br /> Amendments. This Deed af Trust, tagether w��h any Rela�ed Dvcuments, consti�utes the entire unders�anding and
<br /> agreement o�the par��es as �o the matt�rs set ��rth in �his Deed o�Trust. N❑ al�eratian ❑��r am�ndment tv this
<br /> Deed of Tr-ust shall be e�fecti�e unIess given �n tinrriting and signed by the party ❑r parties sought�o be �harged ❑r
<br /> baund by�he alteration ar amendment.
<br /> Annual R�parts. lf the Proper�ty js used �or purpases other than Trustor's residen�e, Trustor shaIi �urnish �a
<br /> Lender, upon request, a �erti�ied statement o�r net operating income recei�ed �rrom the Property during Trustor's
<br /> pre�ious fiscal year in such �orm and detaii as Lender shaf� require. "Ne� aperating income" sha[� mean aI� cash
<br /> r�ceipts from the Property less aIi cash expenditures made in cannection with the operation af�he Proper�ty.
<br /> Caption Head�ngs. Caption headings in this Deed a�F Trust are tor con�enience purposes only and are nat to be
<br /> used�a interpre�o�de�ine�he pro�isions ot�his Deed of Trus�.
<br /> Merger. There shaII be no merger�f the interest o�es�tate created by this Deed af Trust with any o�her interes�or
<br /> esta�e in �he Proper�ty a� any time held by or for the benefit❑� Lender in any capa�ity, without the `nrri�ten cons�n�
<br /> o�f Lender.
<br /> Gvverning Law. This Deed o� T�ust will be gov�rned by federal law appli�ahle to Lender and, to �he exten� not
<br /> preempted by federa�law,the�aws o�the S�ate vf Nebraska wi�hout regard to its canfticts of�aw provis�ans. This
<br /> Deed of Trust has been�c�ep#ed by Lender in the State o�Nebraska.
<br /> Jaint and Several Liabili�y. All obligatians o� Borrotirver and Trustor under this Deed o� Trust shai� be j�int and
<br /> se�eral, and a�! �eferences ta T�~ustor shall mean each and every Trustor, and ali references to Borrflwer shall mean
<br /> each and every gorrower. This means�hat each Trustor signing be[ow is �esponsible�or al� ob�iga�t�ons in tf�is Deed
<br /> o�Trust.
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