|
2� 1 ��2555
<br /> �E��] C�F TRL��T'
<br /> ���nt�nu��} ���� �
<br /> fareclose by natice and sale, and Lender w��( haWe the right#❑ fo�e�l�se by judicia� �oreclasure, in eith�r case �n
<br /> accvrdance wi�h and�o the full ex#ent pro�ided by applicable l�w.
<br /> 5uccessor Trustee. Lender, a�Lender's op��on, may fram#�me to time appoint a su�c�ssar Trus�ee to any Trustee
<br /> appointed unde�this ❑eed �f Trust by an ins�rumen� exeGuted and acknowledged by Lender and recarded in the
<br /> vffice of the recorder a� HaI� County, Sta�e of Nebraska. The instrument shali contain, in add�tiort to a!i o#her
<br /> ma�fers required by state [aw, the names n� �he originaf Lender, Trustee, and Trus�or, the boak and pa�e �ar
<br /> computer sys��m reference} where this De�d af Trust is re��rd�d, and �he name and address of#he successar
<br /> truste�,and the instrument sha1�be executed and acknawledged by a[I the benef�iaries ur�der this D�ed fl�Trus�ar
<br /> the�r successvrs in interest. The successor#rus�ee, withou�conveyanc� of the Propet�y, sha�� succeed to a�i the
<br /> t�tle, power,and dut�es canferred upon the Trus�ee in this D�ed❑f Trust and by applicable law. This procedure for
<br /> substitution af Trustee sha��govern tv the exclusian af a�i❑ther proWisiflns far subs�itu�ion.
<br /> N�TICES, Any nati�e requ�red to be gi�en under�h�s Deed o#Trus�, inc�uding without fimi�atian any natice af de�ault
<br /> and any notice af safe shall he given in writing, and shal! be effectiWe when actually deli�e�-ed, when a�tually rece[�ed
<br /> by telefacsimile�unless otherwise required by�ainr},when deposited wi�h a nativna�Iy rec�gnized��ernight caurier, or, �f
<br /> mailed,when depasi�ed in the Llni�ed States mail, �s first ciass, c�rtifted or registered maii pastage prepaid, di�-ec�ed t�
<br /> the addresses sh�wn near�he beginning of�his Deed �f Trus�. All copies of notices of foreclasu�e'�rom the ho�der af
<br /> any lien whi�h has �riority oWer this Deed a�Trust sha[� be sent to Lender's address, as shawn near�he beginning �f
<br /> this ❑eed of Trus#. Any persan may change his or her address for na�ices under this D�ed o�Trust by g��ing formal
<br /> wrEtten natice to �he �ther pe�-sc�n ❑r per-sans, specifying that the purpose af the notice is to Change �he person's
<br /> address. F�r notice purposes,Trus�or agrees�❑ keep Lender informed at all�imes Qf Trustor's current address. Unless
<br /> otherwise pro��ded or required by law, if there is mvre than one Trustor, any notice gi�en by Lender ta any Trustor is
<br /> de�med to be notice given to ali T�-ustors. l�will be Trustor's responsibili�y ta te�l the vthers Qf the no�ice frvm Lender.
<br /> MISCELLANE�US PR�VISI�NS. The�olIawing misce�ian�ous pro�isians are a par�of this Deed o�f Trust;
<br /> Amendmen�s. VVhat is written in this �eed �f Trust and in the Reia�ed Dacumenfis is Trusfiar`s en�ire agreement
<br /> wi�h Lender concem�ng �he matters c��ered by�his Deed a�Trust. To be efFec�i�e, any change❑r amendmen�ta
<br /> this Deed o�Trust must he in wri�ing and must be signed by whoe�er wi�i be bound or ab�iga�ed hy�he change❑r
<br /> amendment.
<br /> Gap�ian Head�ng�. Captic�n headings En '�his aeed vf Trust are for can�eni�nce purposes anly and are nvt '�o be
<br /> us�d to in�erpret�r define the pro�isivns af this❑�ed af T�ust.
<br /> �lergee�. There sha!(be na merger af the irtterest or�state created by#his Deed ❑f Trust wifih any other in�erest ar
<br /> es��te in the Proper�y at any time held by or fvr the benefi#of Lend�r in any capacity,w�thaut the written cansen�
<br /> o�Lende�.
<br /> Gave�`n[ng Law. This Deed �f Trus�w�ll be go�erned by federa[ law appliGabie to Lender and, ta fhe ex�en� nvt
<br /> preempted by�edera[ law,'�he laws a�the 5�a�te of Nebraska withaut regard tv i�s �onf[ic�s o�[aw pro�isians, This
<br /> Deed af Tru��has been accepted by Lender in�he Sta�e of Nebraska.
<br /> Jvint and Serrerat Liabiti�y. Ai� �bliga�ians o�Trustor under this Deed of Trust sha�l be ja�nt and se�erai, and a�f
<br /> re�erences �o Trus�ar shal� mean each and every Trust�r. Th�s means that each Trustvr signing �e}o� is
<br /> responsibie far a�l vbligations in this Deed of Trust.
<br /> No Vldaiver by Lende�. Trustor-understands Lender wi�{ no�gi�e up any af Lender's righ�s under this Deed af Trust
<br /> unless L�nder dves so in writing. The fa�t that Lender de�ays ar❑mits t� exercis� any ri�ht w�i� not mean that
<br /> L�nder has given up tha� right. 1�Lender does ag�ee �n wri�ing #o gi�e up one v�Lender's r�gh�s, �hafi does no�
<br /> mean Trusto�-wil� nvt have to comply vvith the other prv�isions a�th�s Deed a�T�us�. Trustar a�sv understands
<br /> that if Lender does �onsent�o a request; that do�s nv� mean#ha� Trustor wilf not have �a get Lender's cansent
<br /> again i�the s�'�uation happens again. Trustor further understands that just bscause Lender consents ta one or more
<br /> ❑�TI"L15�0�'�S !'�C�U�SfSy that does not mean Lender wi�� be requ�red to consent�a any o�Trus�or's�uture r�ques�s.
<br /> Trustor wai�es presen�ment,demand far payment, prates�, and notic�:of dishanor,
<br /> 5e�erabi[ity. If a court fnds tha� any prvvision Qf this Deed o�Trust is not�al�d or shaufd na� �e en�arced, tha�.
<br /> �act by itself w��l not mean�hat the res#vf�his Deed of Trust will no�be�a�id or enforced. Therefare, a ��urt will
<br /> enfor�e the rest of#he pra�isians af this Deed❑f Trus�e��n i�a proWisian af this �eed of Trusfi may be found to be
<br /> inWaEid or ut�enforceable.
<br /> 5uc�essvrs and Assigrts. 5ubjec�ta any limitat[ons s#a�ed in #his I]eed o�Trus'�an transfer of Trus�or's �nterest,
<br /> this ❑e�d af Trust shall be bind�ng upon and inure to �he bene�Et of#he par#ies, their su�cessars and assigns. �f
<br /> owne�'ship of the Properfiy becomes�es�ed in a person other than Trustor, Lender, without noti�e�o Tru��tor, may
<br /> deai with Trustor's successors with �-eference�o fh�s❑eed c�f Trus�and the Indebtedness by way o�forbearance or
<br /> extension vvithvut reieasing Trustar from the abligations a��his Deed af Trusfi or liabilifiy under the lndebtedness.
<br /> Time�s af�he Essen�e. Time is of the essence in the perfarmance af�his Deed o�Trusfi.
<br /> �JVaiWe Jur�1. Af� par�ies tv this Deed of Trust hereby wai�e the right ta any jury��-ia� in any a�tion, praceed�ng, or
<br /> counterclaim brnugh�by an�pa�y against any��her party.
<br /> �I�faiver o� Hamestead Exemptivn. Trus�ar hereby rele�ses and w�ives al� rights and benefits of �he homestead
<br /> exemp�ian laws of the Sta�e n�Neb�-aska as t❑a1[ [ndelo#edness se�ured by this Deed❑�Trust.
<br /> DEFIN[T1�NS, The�oll�wing usr�rds shall have fhe�ollov�ring meanings when used in thi�Deed of Trust:
<br /> Beneficiaty. The ward"Benefic�ar�"means First Nationa� Bank of�maha,and i�s successars and assigns.
<br /> Borrvwer. The ward "Borrower" means 5am Foglesong and Lisa L Fog�esvng and in�ludes all co-signers and
<br /> co--makers signing�he Cr�dit Agreement and al�their successors and assigns.
<br /> Gredi�A reement. The words"Credifi�greemen�"mean the credit agreement dated Aprii��, 2�'i�, wi�h credifi
<br /> .
<br /> ��i'�']1� a $7�,QU�.�O �rom Trus�vr to L�nder, tvgether wi�h a�� ren�inrals of, extensions of, modifcations afi,
<br /> refinancings o�, consalidations ❑f, and sub�ti�u�ians for�he promissory nate ar a�re�ment. The' ma�urity date af
<br /> th�s ❑e�� of Trus��is Aprii 2�, �D�4�. NOT�CE Tt]T�LIST�R: THE �RED1T AGI�E�MENT CONTANNS e�VA�.�ABLE
<br /> �NTERIEST�tATE,
<br /> Deed Q�Tr'ust. The Wvo�ds "Deed �f Trust" mean �his fle�d of Trus� amang Trustar, Lender, artd Trus�ee, and
<br /> incfudes wi�haut �imitatian aif ass�gnment and secu�ity interest pra�isions rela�ing �❑ the Personal P�aper�y and
<br /> Rents.
<br /> EnWir�nmenta� Laws. The wards "Enviranmental Laws" mean any and a[I s�ate, federa� and fo�al statutes,
<br /> regulations and ordFnances relating to �he pt-a�ection af human hea�th ar the en�ironment, incEuding withouf
<br /> limi�a�ion the �ompr�hensi�e En�iranmen#al Respanse, Gompensation, and Lfiabi�ity A��of 198�, as amended, 4�
<br /> U.S.�. Section 96��i, et seq. �"CERCLA"}, the 5uper�und Amendmen�s and Reau�hari�a�ion Act vf'1986, Pub. L.
<br /> Na, 99-�499("SARA"3,the Hazardous Materials Transpartation Act,49 U.S.C.Sec�ion 'i 8D�, e�seq.,�he Resaurce
<br /> Conse�va��an and ReGo�ery A�t; 4� U.S.�. Sect�on 5��'i, et seq., or othe�'applicabje s'�a#e ❑r federaf iaws, rules,
<br /> or regulations adop�ed pursuan#there�a.
<br /> Even�a�Default. The words"E�ent o�D��'aul�"mean any❑f the e�ents a�default s�t�arth in this Deed of Trust in
<br />
|