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201602831
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Last modified
7/24/2017 1:41:28 PM
Creation date
5/9/2016 10:21:21 AM
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DEEDS
Inst Number
201602831
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2� 1 ��2831 <br /> DEED �F TRUST <br /> Loan No: 'i�'i�95457 ��ont�nued} Page 8 <br /> Trustor a�so wif� pay any courk costs, in addi�tion ta a[�other sums pro�ided 1ay iaw. <br /> Rights ��Trustee. T�us�te�shall ha�e a�t❑�the rights and dut�es❑�Lender as set forth in this s�c�ion. <br /> PDWERS AND ❑BLIGATI�NS aF TRUSTEE. The fvllvwing p�-o�isians re[afiing t❑fihe powers and ablEga�ions af Trustee <br /> are part❑f this aeed of Trust: <br /> Powers of Trustee. !n addition�❑ all pawers af Trustee arising as a matter of law,Trustee shall ha�e the power�o <br /> take�he folfvwing actians with respec�to �he Property upvn the wrifiten request of Lender and Trus�or: {a}}ain in <br /> preparing and filing a map or plat of �he Real Property, �nc�uding �he dedication o� streets or other rights to the <br /> public; {b� j�in in granting any easement ar creafiing any r�stricfiivn on �he Real Prvperty; and �c� join in any <br /> subo�rd�na�kion ar oth�r agreement affecting�this Deed of Trust or�he interest of Lender under�his Deed af T�usfi. <br /> Trustee. Trustee shaEl mee� all quaii�i�a�ians required f�r Trustee under applicable law. ln addifiion ta the rights <br /> and remedies se�k �orth abo�e, wi�h r�spect t� a�f or any part of�he Property, th� Trusfiee shall ha�e the righ�t❑ <br /> foreclose hy notic� and sale, and Lende�- shall haWe �he right fia foreclose by judicial foreclosure, in either case in <br /> acc�rdance wifih and�a the full extent prv�ided by applicabEe iaw. <br /> 5u��essnr Trus�ee. Lender, at Lender's option, may from time ta time appoin�a suc�essar Trus�tee to any Trus�ee <br /> app�inted under this Deed of Trust by an ins�rumen� executed and acknavuledged by Lender and �ecorded in �he <br /> a��i�e of the recarde�- o� HALL Cvun�y, State of Nebraska. The insfirument shali �on�ain, in additi�n ta all a�her <br /> matters required by state �aw, �he names of the original Lender, Trustee, and Trus�or, �he baok and page �or <br /> compu�er system reference} where this Deed ❑f Trust is recorded, and the name and address ❑f �he successor <br /> �rus�ee, and fihe ins�rument shall be execu�ed and acknowledged �y a!I the beneficiaries under this Deed af Trust or <br /> their successors En interest. The success�r-�rus�ee, wi�hvu� conWeyance o��he Prvperty, shal! su��eed t� all the <br /> titl�, pvwer, and dufiies conferred upvn the Trusfiee in this Deed ��Trust and lay applicable law. This procedure for <br /> substitution of Trus�ee sha�!ga�ern to the exclusion of all other pra�isions�or suhstitutivn. <br /> N�TICES. Any no�ice required t❑ be giWen under this Deed o�Trusfi, includ�ng withoufi l�mitativn any nati�e v�default <br /> and any notice ❑f sale shall be gi�en in writingr and shall l�e e��e�ti�e when actually delivered, when actually r�cei�ed <br /> by telefacsimile �uniess ❑therwise required by law}, when deposited with a nationally recognized ❑vernight courie�, �r, if <br /> mailed, when depvsited in the United S�a�es mai1, as �irst ciass, �erti�ied ar reg�stered mail postage �repaid, directed t❑ <br /> �he addresses shown near�he beginning a�F this Deed af Trus�. All copies vf nofiices ❑fi fvreclosure frvm �he hafder of <br /> any lien which has privri�y o�er this ❑eed of Trust shall be sent ta Lender's address, as shown near�he beg�nning ❑f <br /> this Deed ❑f Trust. Any party may change its address fvr nvfiices unde�- this Deed afi Trus� by gi�ing forma� writ�en <br /> natice ta the o�her par�ies, specifying that �he purpase ❑f �he notice is tv change the party's address. For notice <br /> purposes, Trustar agrees to keep Lender informed at all times of Trustvr's curren�address. Unless atherwise prv�ided <br /> or required by law, if the�e is mvre�han ane Trustvr, any no�ice given by Lender to any Trustor is deemed �o be nv�tice <br /> gi�en t� all Trust�rs. <br /> NIISCELLANE�US PR�VISIDNS. The fvllowing misc�Ilaneous pro�isions a�-e a par�vf this ❑eed of Trust: <br /> Amendments. This ❑eed a�Trus�,together wi�h any R�lated Documen�s, consfiitutes the entire understanding and <br /> agreemen� vf�he parties as tv the matters se�forth in this Deed v�Trus�. N❑ al�eratton ❑f or amendm�nt to �his <br /> Deed of Trust shal! be efFecti�e unless gi�en in wri�ing and signed by the party ❑r par�ies saught to �e charged ar <br /> bound by�he alteration❑r amendmen�. <br /> AnnuaI Repvrts. lf the Praperty is us�d �or purposes other �fihan T�-ustar's residence, Trust�r shall furnish ta <br /> Lender, upon request, a certified s#a�ement of net operating incvme �ecei�ed from the Property during Trus#or's <br /> pr�vivus fisca� year in such fvrm and detail as Lender shall require. "Net opera�ing income" shall mean all cash <br /> receipts from the Property less all cash expenditures made in cannection with#he❑perati�n of�the Proper�y. <br /> Caption Headings. Caption headings in this aeed of Trust are for �onvenience purposes ❑nly and ar-e not fio be <br /> used tv in�terpret or define the prvvisions a�f this Deed v-�Trust. <br /> 1Vlerger. There sha�E be no merg�r❑f the interes�or estate crea�ed by this Deed of Trust with any o�her in�erest or <br /> esta�e in�he Prvperty at any time held by or for the bene�it vf Lender in any capacifiy, wi�hvut#he writ�en consent <br />. af Lender. <br /> Go�erning Law. This Deed of Trust wii! be gvverned hy �ederal iaw appl�cah�e to Lender and, tv the extent no� <br /> preem�#ed hy�ederal law,the laws v�the Sta�e of Nebraska without regard to i�s �on�F�ic�s �f law provisions. This <br /> Deed of Trus#has been ac�epted hy Lender in the 5tate of Nebraska. <br /> �haice of Venue. lf there is a lawsuit, Trus�ar a�rees upon Lend�r's �-�quest�❑ submit�a the jurisdictivn vfi the <br /> courts of Hal� Caunty, S�a��af Nebraska. <br /> Jnint and 5e�eral Liahiltty. A[l obligations �� Trustar under�his �]eed ❑f Trust shall be jaint and se�eral, and all <br /> referen�es to Trustvr shall mean each and e�ery Trustor. This means �hat each Trustar signing helvw is <br /> responsible fo�-all�bfigations in�his Deed❑f Trust. <br /> No Vlfaiver by Lender. Lender shall no�be deemed t❑ ha�e wai�ed any rights under�his ❑eed v�Trust unless such <br /> wai�er is gi�en in writing and signed by Lender. Nv delay vr omission an�he part o�Lender En exer-cising any right <br /> shall operate as a wai�er af su�h right or any other righ�. A wai�er by Lend�r af a pro�isivn o�this Deed o�Trus� <br /> shal� nofi pre�udic� or c�nstitut� a wai�er ❑f Lender's righ� atherwise to demand stric� compliance with that <br /> � <br />
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