|
2� 1 ��3229
<br /> �]EEG� �F TRL�ST
<br /> Loan Na: 7�'��955�1 �G�ntinued� Page 8
<br /> ❑efault, Trustor's failure to perform any of the o��ligations impos�d �n Trustor by�he declarafiion subr�ni�fiing the
<br /> Real Praperty to unit ownership, by the �ylaws �� �he assoGiation o� unit awners, or by any rules or regula#ions
<br /> �hereunder, shall be an e�ent �f defaul� und�r thu� Deed of Trust. If Trustor's interest in the Reaf Property is a
<br /> leasehald in��rss� and such property has heen submi�ted �� unit ov+rnership, any failure by Trustor �ko per�orm any
<br /> of the obligati�ns imp�sed �n Trustar by the lease of �he R�al Prop�rty from i�s owner, any d�fault under such
<br /> lease which m€gh�r�sult in�ermina�ian of the �eas�as it p�rtains t�the Real Praper�y, or any fai�ur� of Trustor as a
<br /> memher of an association �f unit owners�v talte ��y reas�nabfe action within Trustor's power ta preven�a de�Fault
<br /> und�r such lease by the assaciati�n of unit �wr��rs a� by any member of the associatian shall be an Euent �f
<br /> D�fauit under this De�d of Trus�.
<br /> M15CELLANE�US PRDVIS1�N5e The fi�1lQwing miscel�ar�eous provisions are a part of this Deed of Trust:
<br /> Amendments. What is written in this aeed o�Trust and in �he Related Documenfis Es Trustor's entire agreement
<br /> with Lender �ancerning the matt�rs cover�d by thi�� aeed o�T�us�t. T� be effecti�e, any chang� ar amendment�ka
<br /> this Deed of Trusfi must be in wri�ing and must be s�gned by whoever will be baund or ❑b�iga�ed by the change or
<br /> amendment.
<br /> Cap�ion Headings. Caption headin�s in this Dee� �� Trust are for con�enience purpases only and are not ta be
<br /> used to interpret or define fhe prvvisians o��his Deed of Trustn
<br /> Nler�er. There shal� be no merger of�he interesfi�r estate created by this Deed o�F Trusfi with any other interest or
<br /> estate in the Praperty at any tim� held by or for t�te benefit of Lend�r in any capacity, without�he written �onsent
<br /> ❑�Lendere
<br /> CFlnCCB of V�nue. �f �here is a lav�rsuit, Trus��r agre�s upan Lender's reques� �to submi� t� �he jurisdicti�n vf the
<br /> �aurts of HALL Coun�y, S#a�e afi Nebraska.
<br /> Jo�nt and �e►►era[ Liabilitye �111 obl�ga�i�ns of Tr�stor under this Deed �� Trust sha�l be joint and seueral, and all
<br /> references to Trustar shall mean �ach and e�ery Trustar. This means tha� each Trustor signing below is
<br /> respansible for al! obl�gations in th�s ❑eed o�Trust.
<br /> No V11aiWer by Lender. Trus�ar understands Lender will n�t gi�e up any of Lender's rights under this Deed a�Trust
<br /> unless L�nder does s❑ in uvriting. The fa�t that Lender delays or amits to exercise any right wi11 not mean �hat
<br /> Lender has �iv�n up that righ�. [f Lender dves agree in wrifiing ta giWe up �ne of Lende�'s rights, that does nvt
<br /> mean Trus�or will no� ha�re to comply wi�h the vfher provisions of this Deed af Trust. Trustor also understands
<br /> that E�f Lender does cansent t� a request, that does nat mean that Trustar will nat haWe ta g�t Len�ier's cvnsent
<br /> again if the situation happens again, Trustor�urther understands�that jus�because Lender�onsen�s ta one ar more
<br /> of Trus�tor's requests, that dves n�t mean Lender will be r�quired to consen� to any of Trus�ar's future requesfs.
<br /> Trustor wai�es presentm�nt, demand f�r payment, pro�est, and no�i��of dish�nor.
<br /> 5everability. If a court finds �ha� any pra�ision of this Deed o�Trust is nvt valid ar should n4t �e enforced, �hat
<br /> fiact by itself wi�l not mean�hat the rest of�his Deed of Trus�will not �e valid �r en�orced. There�Fore, a court v►►ill
<br /> enforce the rest of�h�pro�isions af this ❑eed of Trust��en �f a provisi�n of this Deed af Trust may be�ound to be
<br /> in�alid or unen�forceable.
<br /> Success�rs and Assignsa Su�ject to any limitations s�kated in �his Deed of Trust on �ransfer of Trustor's interest,
<br /> this Deed af Trust sha�l be binding upon and inure to th� benefit af the parties, �heir suc�essors and assignse lt
<br /> ❑wnership of the Property becomes �ested in a person o�her than Trustor, Lender, wi�hou� notic� �o T'rustor, may
<br /> deal wi�h Trus�kor's successors with reference to�khis ❑eed of Trust and the Indebtedness by way ofi forbearan�e or
<br /> extension wi�hout r�leasing Trustvr fr�m th�abligativns of this De�d of Trust or liability under the Indebtednesse
<br /> Time is of the Essenc�. Time is of th�essence in�he performance a�this D�ed ofi Trust.
<br /> 1�Vaiv�r of Hvmestead Exemption, Trustor hereby releases and wai�es all righ�s and benefits af the homes�ead
<br /> exemption laws of�h� State of Nebraslca as to all }ndebtedness secured by this D��d af Trust.
<br /> DEF[N1TIQNS. The followin��rvords shaEl haWe�he�ollowing meanings vuhen used in this ❑eed of Truste
<br /> Ben�ficiary. The war�! "Ben��iciary" rr��ans Fi�e Points Bank, and its succ�ssors and assigns.
<br /> Bvrrawer. Th� w�rd "gorrower" means JACLYN R J�NES and JOE T JONES and includes a!E c�-sign�rs and
<br /> co-makers signing the N�te and all�heir successors and assigns.
<br /> Deed of Trust. The words "'Deed of Trus�" mean this ❑eed af Trus� among Trustor, L�nde�, and Trus�ee, and
<br /> includ�s wi�hout limitativn a�l assignmen� and security interest provisions relating �a the Persona� Property and
<br /> Rents.
<br /> En�ironmental La►nrs. The words "Environmenta; Laws" mean any and all s�ate, �e�leral and local statu#es,
<br /> regula�ions and ardinances rela�ing �k❑ �he protectic�n af human health or th� en�ir�nment, including without
<br /> limi�a�i�n the Comprehensive En��ronmental Response, Cvmpensa�ion, and Liab�li�y A�t ❑f 198�, as amended, 4�
<br /> U.S.C. Secti�n 9�0�, e� seq. {"CEftCLA"}, the Superfund Amendments and Reauthoriza�ion A�t of 1�86, Pub. L.
<br /> No. �9�4�g {"SARA"}, the Hazardous Materials Transportation Act, 49 U.S.C. 5ection �8��, et seq., the R�saurce
<br /> Conser�ation and Rec�very Act, 4� 11.S.C. Section �9�'�, et seq., vr ather app�icable state �r fecieral laws, rules,
<br /> or regulatEons adop�ed pursuant there�ae
<br />
|