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2� 1 ��3229
<br /> �EEu �� T�u�-r
<br /> Loan Nv: 1 D1��5a'i'[ {�on#inued} @age 7
<br /> law.
<br /> Ele�t�on of R�medies. All vf Lender's rights and r�medies wi�l be cumulati�e and may b� exercised alone vr
<br /> together, If Lender decides ta spend money or fio perform any of Trustflr`s o�l�gations under this Deed o�Trust�
<br /> after Trus�o�'s failure �k❑ do so, thafi decisian by Lender will not affect Lender's ri�ht to �eclare Trustor in detault
<br /> and�a exer�ise Lender's rem�dies.
<br /> Request fvr Notice. Trus�or, on behaif o�Trus�or and Lender. hereby requests that a copy o�any Natice of Dafault
<br /> and a cvpy of any Notice of 5a1� under this Deed af Trust �e mailed to �hem at the addresses s�t farth in�he first
<br /> paragraph of this Deed vf Truste
<br /> Attvrneys' Fees; Expenses. lf Lender insfiitutes any suit vr activn to enf�rce any of fihe terms o� this Deed ofi
<br /> Trust, Lender shail be �n�i�led to recav�r such sum as the court may adjudge reasonahle as attorneys' f�es at trial
<br /> and upan any appea�. Vllhe�her o� n�� any caurt acti�n is invol�red, an� �o �he extent not proh�bited by law, a�!
<br /> r�asanable expenses Lender �ncurs that �n Lender's opinion are necessary at any time �Far the prvt�c�ion af its
<br /> interest or�he enfvrcem�nt�f i�s rights shall become a part of�he lndebtedness payable vn demand and shall bear
<br /> infieresf a�the Nvte rate�rom the da�e ❑f the expend�ture un�i[ repa�d. Exp�nses caWered by�his paragraph include,
<br /> withaut �imita�ion, hvw�Wer subject to any limi�s und�r applica�le law, Lender's at�orneys' fees and Lender's legal
<br /> expenses, whether or not there is a lawsu�t, including attorneys' fe�s and expenses for bankruptcy proce�dings
<br /> {inciuding effarts to modify or�acate any autamatic stay or injunction�. appeals, and any an��cipa�ed p�st-;udgment
<br /> col�ec�ion serWices, the cos� v�searching records, ob�aining �itle repor�s {including forec��sure rep�rts), surv�yors'
<br /> repvr�s, and appraisa[ fees, title insurance, and fees �or the Trus#�e, to the �xt�nt permitted by applicable law.
<br /> Trust�r also will pay any cour�costs. in addition ta al1 ather sums proWided by Eaw.
<br /> R`rghts o�Trustee. Trustee sha�l have all of the rights and duties��f Lender as set for�h in�his se�tiona
<br /> P�WERS ►�N� �BLIGATIaNS �F T'RUSTEE. The fol�owing proWisions relating ta th� powers and o�ligations vf Trust�e
<br /> are part o�this D�ed of Trust:
<br /> Powers of Trustee. 1n addi�i�n to a!1 powers�f Trustee arisfng as a matter o�f law, Trustee shali have�h� pawer to
<br /> take the #oljowing a�tians with respec�to the Prop���y upon�he written request of Lender and Trustor: {a} j�in in
<br /> preparing and filing a map vr plat of the Real Property, includin� the d�di�at�on af streets ar vther rights to �he
<br /> publsc; tby join in gran�ing any easement or cr�ating any restrictian on �he Rea! Pr�perty; and �c} join in any
<br /> subQrdination or v�her agreement affec�king�his Deed vf Trust or th� interesf of L�nder under this Deed of Trust.
<br /> Trus�tee. Trustee shal� m��t al� qualifica�ions requir�d for Trustee under appficable Iaw. !n additian �a the righ�s
<br /> and �emed�es set f�rth ab��e, with respect �� al1 ar any par�t of the Property, �the Trustee shall ha�e the right �v
<br /> foreclase by nvfi�e and sale, and Lender wil� ha�e the right to forec�ass by judi�ial #oreclosure, in �ither case in
<br /> accordanc�w�th and t�the fu�f�xtent proWided by appli�able law.
<br /> Successor Trus�ee. Lender, at Lender's ❑p�kion, may firam t;me to time appaint a successor Trust�e ta any Trustee
<br /> appointed under this D�ed o�f Trust by an instrument ex�cuted and a�knowledged hy L�nder and recvrded in �he
<br /> office of �he recvrder of HALL County, Stat� a� Nebraska. The instrumen� shall con�ain, in addition to al[ other
<br /> ma'tters required by sta�e law� the names �f the ar�ginal Lender, Trustee. and Trust�r, the baok and page �or
<br /> computer system ref�r�n�ey wh�re �his D�ed o� Trust is recorded� an� the name and a�dress o� the succassar
<br /> t�ustee, and the instrument shall be executed and acknvwledged by all the b�ne�iciaries under�his Deed vf Trust or
<br /> their successvrs En intersst. The successor trustee, vvithou� cvnWeyance of the Prap�rty. shall succ��d t� all fih�
<br /> title, pvwer, and duties �onferred upon the Trustee in this Deed o�Trust and by applicable law� This procedure for
<br /> su�stitution of Trustee shall gv�ern�a the exclusivn of all other pravis�ons for substitution.
<br /> NaTICES. Any notice required to be given und�r this Deed of Tr�ust, in�luding wi�hout limitation any noti�e o'�de�Fault
<br /> and any notice of sale shall be gi�en in wri#ing, and shall be ���ec�ive when actually delivere�� when ac�ually recei��d
<br /> by t�lefacsimile {unless otherwise required by 1aw}, when deposited w�th a nationally recagni��d �vernight c�urier� or. if
<br /> maif��, when deposited in�he Uni�ed Sta�es mail, as �irs�class, certi�ied �r registered mai� postage prepaid� directed to
<br /> �he address�s shown near the beginning vf this Deed of T�us�. A�l capies of notices o� farec�osure frvm the h�lder of
<br /> any lien which has priority o�er �his Deed of Trus� sha11 be sent to Lender's address, as shov�rn n�ar the b�ginning �f
<br /> this Deed o�F Trust. Any pers�n may change his or her address for noti�es und�r this Deed �f Trus� by gi��ng farmal
<br /> written no�ice to the other persan or persons, speci�ying �hat the purpose of the no#ice is to �hange �he person's
<br /> address. For n�tice purposes, Trustor agrees ta keep Lender in�ormed at al1 �tmes o�Trus�o�'s curr�nt address. Un�ess
<br /> o�herwise provided or required hy law. i�fihsre is more than one Trustor, any notice giWen by Lender ta any Trustor is
<br /> deemed t� b� nv�ic�gi�en to al[Trustars. lt will be Trustar's�-esponsibility to tell the other�of�he natice from Lendere
<br /> ASS�C�ATIaN �F UN1T �1JIJNERS, The foi�owing pro�isEons apply if the Real Property has be�n submit�ed to unit
<br /> ownership law or similar�aw for�h�esfiab�ishmenfi of condominiums or c�operati�e awnership o�th� R�al Properfy:
<br /> Power of Attorney. Trus�or gran�s an irrevocable pvwer❑�attorney to Lender t❑�vte in Lender's discre�ion vn any
<br /> maf�er tha�may cvme before the associa�ion of uni�ouvners. Lender will ha�e the r�ight ta exercise this power of
<br /> at�vrney only after Trustor's defau�t; howe�er, Len�er may decline to ex�rcise this power as Lender sees fit.
<br /> lnsurance. The insurance as required aba�e may�e carried by the association o� unit owners an Trustor's beha�f,
<br /> and fihe proceeds �f such insurance may be paid �o the association ❑f unit owners �For th� purpose vf repairing or
<br /> reconstruc�ing the Property. lf not so used by�he association, such proceeds shall �e paid to Lender.
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