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20000355' <br />Article 16 - TRUSTEE PROVISIONS <br />Section 16.1 The Trustee. <br />(a) It shall be no part of the duty of Trustee to see to any recording, filing or registration of this <br />Security Instrument or any other instrument in addition or supplemental hereto, or to give any notice thereof, <br />or to see to the payment of or be under any duty in respect of any tax or assessment or other governmental <br />charge which may be levied or assessed on the Property, or any part thereof, or against Borrower, or to see <br />to the performance or observance by Borrower of any of the covenants and agreements contained herein. <br />Trustee shall not be responsible for the execution, acknowledgment or validity of this Security Instrument <br />or of any instrument in addition or supplemental hereto or for the sufficiency of the security purported to be <br />created hereby, and makes no representation in respect thereof or in respect of the rights of Lender. <br />Trustee shall have the right to advice of counsel upon any matters arising hereunder and shall be fully <br />protected in relying as to legal matters on the advice of counsel. Trustee shall not incur any personal liability <br />hereunder except for his own gross negligence or willful misconduct and Trustee shall have the right to rely <br />on any instrument, document or signature authorizing or supporting any action taken or proposed to be <br />taken by Trustee hereunder and believed by Trustee in good faith to be genuine. <br />(b) Trustee may resign by an instrument in writing addressed to Lender, or Trustee may be <br />removed at any time with or without cause by an instrument in writing executed by Lender. In case of the <br />death, resignation, removal or disqualification of Trustee, or if for any reason Lender shall deem it desirable <br />to appoint a substitute or successor trustee to act instead of the herein named trustee or any substitute or <br />successor trustee, then Lender shall have the right and is hereby authorized and empowered to appoint a <br />successor trustee, ora substitute trustee, without otherformality than appointment and designation in writing <br />executed by Lender and recordation of the document evidencing such appointment and designation in the <br />office of the registry and deeds in Hall County, Nebraska, or otherwise in accordance with applicable law. <br />Such substituted trustee may be Lender or an affiliate of Lender, and the authority hereby conferred shall <br />extend to the appointment of other successor and substitute trustees successively until the Debt secured <br />hereby has been paid in full, or until the Property is fully and finally sold hereunder. Such appointment and <br />designation by Lender shall be full evidence of the right and authority to make the same and of all facts <br />therein recited. If Lender is a corporation or association and such appointment is executed in its behalf by <br />an officer of such corporation or association, such appointment shall be conclusively presumed to be <br />executed with authority and shall be valid and sufficient without proof of any action by the board of directors <br />or any superior officer of the corporation or association. Upon the making of any such appointment and <br />designation, all of the estate and title of Trustee in the Property shall vest in the named successor or <br />substitute Trustee, and he shall thereupon succeed to and shall hold, possess and execute all of the rights, <br />powers, privileges, immunities and duties herein conferred upon Trustee; but, nevertheless, upon the written <br />request of Lender or of the successor or substitute Trustee, the trustee ceasing to act shall execute and <br />deliver an instrument transferring to such successor or substitute Trustee all of the estate and title in the <br />Property of the trustee so ceasing to act, together with all the rights, powers, privileges, immunities and <br />duties herein conferred upon the Trustee, and shall duly assign, transfer and deliver any of the properties <br />and moneys held by said trustee hereunder to said successor or substitute Trustee. All references herein <br />to "Trustee" shall be deemed to refer to Trustee (including any successor or substitute appointed and <br />designated as herein provided) from time to time acting hereunder. <br />(c) Trustee shall not be liable for any error of judgement or act done by Trustee in good faith, <br />or be otherwise responsible or accountable under any circumstances whatsoever (including Trustee's <br />negligence), except for Trustee's gross negligence or willful misconduct. Trustee shall have the right to rely <br />on any instrument, document or signature authorizing or supporting any action taken or proposed to be <br />taken by him hereunder, believed by him in good faith to be genuine. All moneys received by Trustee shall, <br />until used or applied as herein provided, be held in trust for the purposes for which they were received, but <br />need not be segregated in any manner from any other moneys (except to the extent required by law), and <br />Trustee shall be under no liability for interest on any moneys received by him hereunder. Borrower hereby <br />ATLANTA4181845,4 <br />GMACCM (SLP) — DOT (8/98) 36 Grand Isle, Nebraska <br />