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2� 1 ��4877
<br /> vE�v oF T�u�T
<br /> �C�ntinued� Pa9g 6
<br /> actian or pursuant to the p�wer vf s�le or other p�wers contained in this Deed vf Trust, shal! prejudi�e or in any
<br /> manner affect T'rustee's ar L�nder's right to �ealize uponr �r enfvr�e any ather se�urity now or hereafter held by
<br /> Trustee or L�nder. it being agreed that Trustee�nd Lender, and e�ch of them,shall be�nt+t�ed to enforce this f�esd
<br /> of Trust and any other se�urity now or here�fter held by Lender or Trustee in such order and manner as they vr
<br /> either of th�m may in their a�so�ut� discretivn determine. No remedy cQnf��red upan or re�erved to Trustee �r-
<br /> Lender, is intended to be exclusi�s �f any other remedy in �his Deed af�"rust vr by law pro�id�d or permitted, but
<br /> each shall �e cumulat��e and shall be in addi#ion t� e�rery other r�medy gi�en in this Deed of Trust or now vr
<br /> herea�ter existing at law or in equity vr hy sta�ute. E�e�y pawer ar remedy gi�en by th� Nate v�any af th�RElated
<br /> Documents to Trustee o� Lend�r or t� which either af them may be otherwise entit�ed, may be exercised,
<br /> �on�urrent�y vr indep�ndently, fram time tv�im�and �s c�ftgn as may be deemer!expedi�nt by Trus�e�c�r Lend�r,
<br /> and eiiher �f them msy pursue inconsistent r�m�dies. Nothing in �his Deed of Trust shall be construed as
<br /> prohihiting Lender fram seel�ing a deficigncy judgm�nt against rthe Trustvr to th�extent such actian is permitted I�y
<br /> law. Electivn by Lender tv pursue eny remedy sha�l not exclud� pursuit of any ather remedy, and an election #o
<br /> make exp��nditur�s or ta take action to perform an obligatian of Trustor under this Deed ❑t Trust, after Trustor's
<br /> failure tQ�r�orm, sha�l nvt af#ect Lender's right ta deciare a default and exer�is� its r�medies.
<br /> Requsst for Noti��. Trustar� vn behalf nf Trustor and Lender, her�by requests thet a copy of any NQtice of Default
<br /> �nd a copy o��ny Notice vf Sale under#his Deed of Trust be mail�d to them at the addressss se#�orth in the first
<br /> paragraph of this Deed of Trust.
<br /> Attorn�ys' Fa�s; Expsnses. !f Lender institutes �ny suit or actitan to enforce any of the terms ❑f this Deed of
<br /> Trust, Lender shall be en�itled t�reco�er such sum as the cvurt mey adjudge rea�vnable as attarneys' fees �t triai
<br /> and upon any eppeel. Whether ar nvt any court a�tian i� in�al�ed. and tQ the extent not prohibited by law� all
<br /> reasanab�e expenses Lender inGurs that �n Lender's opinion are necessary a# any time for the pratectian v� its
<br /> interest or the enforGement af its rights shall become a part of th� �ndebtedness payabfe on demand and shail bear
<br /> interes��t the Note rate�from the da�te of the expenditur� until repeid. Expenses co�ered by this paragreph include,
<br /> without limitativn, hawe►►er su��ct to any limits und�r appli�abl� i�w, Lender's attorneys' fe�s and �.ender's lega!
<br /> expenses, whether o� not there is a lewsuit, in�luding attc�rneys' �ees �nd expenses �vr hankruptcy praceedings
<br /> �including ef�orts to modify or►►acate any automatic stay ar injunctianj, appeals, end any anticipated pvs�-judgment
<br /> cvl�e�tit�n ser�ices, th� cost vf searc�ing r�Ga�rds, t�bt�ining title r�p�vrts �ineluding farecivsur� reportsy, sur�eyars'
<br /> reparts, an� appraisaE fees, title insurance, end f�es for the Trustee, to the ex#ent permitted by applicable law.
<br /> Trustar also wil!pay any caurt cost�� in additian to all ather sums pra�id�d by I�w.
<br /> Rights of Trustse. Truste�shall ha�e al1 of the rights and duties of Lender as��t fvrth in this section.
<br /> P�IN�RS ANQ DBLI�AT�DNS �F TRUSTEE. The follvwing pro��sians r��ating to the powers and obligatians of Trustes
<br /> �re part of this De�d❑f Trust:
<br /> powars of Trustes. in additian to all por►vers vf Trustes arising as a matter of�aw, Trustee sha�l ha�e the pow�r ta
<br /> take the follvw+ng a�tions with respect t�the Properry upon the written request❑f Lender and Trus�v�: �aj join in
<br /> preparing and filing a m�p or plat ❑f the Re�l Prvperty, including the dedic�t�an af str�ets ar vther rights to the
<br /> publie; �h) join in granting eny e�sement or creating any restriction ❑n the Reel Prvperty; and �cy jvin in any
<br /> subardinatior+or oth�r�greement af�ecting this Deed ot Trust or the int�r�st af Lender under this Deed vrt Trust.
<br /> Trustes. Trustee sh�ll meet �11 qualificativns required for Trustee under appli��lale law. In additiQn to the rights
<br /> and remedies set forth ab��e, with respect to all ar any part of the Prop�rty, the Tru�tee shall ha�e the right to
<br /> fvrecivse by notice and sa�e, an�! Lender sh�il ha�e the right ta foreclase by judtc+ai fvreciosure, in either �ase in
<br /> a�cordance with and to the full extent pro�ided by appl�cable Eaw.
<br /> Suc�essvf Trustea. Lender, at Len�le�`s option, may fram time tv time appvint a successor Trustee to eny Trustee
<br /> �ppvintetf und�r this L�eed e�f Trust by an in�trurrr�nt exe�uted and acknowledg�d by Lender and re�vrded in the
<br /> affiGe of the re�order of Hall Cvunty, State of Nebraska. The instrument shalR cantain, in addition tv ail ❑thsr
<br /> matters required by sta�e law, the names of the nriginal Lend�r, Trustee, and Tru�#or, the hook and page {or
<br /> �omputer system refer�ncef where this ❑eed of Trust is recard�d, and the name and address a# the succ�ssor
<br /> trust�e, and the instrum�nt shail be executed�nd acknowledged by all the benefici�ries under this D�ed of Trust or
<br /> their su�cessar� in interest. The successar truste�, without con�eyance of th� Property, sha11 succ�ed tv all the
<br /> title, p�aw�r, and du�ies canfarred upon the Trust��in thi�❑eed of Trust and by appli�a�le la►w. This procedure for
<br /> subst+tutian o�Truste�shall gQ�ern tc�the exciusivn of ell ather pro�isions for substi#utian.
<br /> N�TI�ES. Any na�ti�e requir�d ta be gi�en under this Deed ❑f Trust, inciuding wtthout limitation any notice a#d�fault
<br /> and any notice of sale sh�ll be given in writing, �nd sha�l be effecti�� when actua�ly deli�er�d, when actually received
<br /> by telefacsimi�e �unless oth�rwise required by law}, when deposi#�d with a nationa�ly recognized a��rnight courier,�r� if
<br /> m�iled, when dep�sited +n the Unit�d Stet�s m�il, as�irst class, �ertified or registered mail pastag� prep�id, dire�ted to
<br /> the addresses shawn near the beginning vf this D��d of Trust. AI! copies af notices of fvrecl�sure ��am the holder of
<br /> any iien which has �riority o�er this D�ed of Trust shall be sent to L�nder's address, as shown nsar the beginn+ng vf
<br /> this dee� o� Trust. Any party mey change its address for natices under this Deed vf Trust by gi�ing fvrmal written
<br /> nvtice to th� vther parties, spe�ifying th�t th� purpvse Qf ih� n�tice is tQ change the party`5 address. For nvtice
<br /> purposes, Trustor egrees to keep �.ender in�ormed at eil times ❑f Trust�r's current ad�iress. Unless otherwise pro�►►ided
<br /> vr required hy law, if there is more than ane Tru�tor, eny notice gi�sn by Lender to any Trustor is desmsd tv be natice
<br /> gi��n to�II Trustors.
<br /> MISCELLANEDUS PR�VISIQNS. The following miscellaneous prv�isivns are a part of this Deed of Trust:
<br /> Ame�ma�ts. This D�ed af Tfiust, ta��ther wi�h any Related ❑aGuments, �anst�tutes the entire unders�anding and
<br /> agreement of the parties as ta the matters set #vrth in this Deed af Trust. No alteration of ar amendment to this
<br /> ❑eed ❑f Trust shall be e#fecti�e uni�ss gi��n in writing and signed by the party vr parti�s s�u�ht ta be �harged ar
<br /> h�und by the alteration ar amendment.
<br /> Annuei Reports. If the Praperty is used fvr purpvses other than Trusto�'� residence, Trustar sh�ll furni�h to
<br /> Lende�, upa�n request, a certi#'red statement o# net op�ratEng in�orr�e recei�ed rtrom the Property during Trustvr's
<br /> pre�iaus fisca� year in such form �nd det�il as L�nder shal� require. "N�t ��rating incame" sha11 m�an �II cash
<br /> • receipts from the Prvperty�ess a�l�ash expenditures made in�onn�ction with the vperati�n of the Property.
<br /> Capt�n He�iin�s. ��ption headings in this Deed vf Trust are far �an►renience purpases only and are no�t to be
<br /> used to interpret or de�ine the pra�isians of this �eed of Trust.
<br /> Merger. There shal�be no merger vf the interest or estate Greated by this Deed vf Trust with�ny oth�r interest or
<br /> estate in the Property at any time held by�r for the benefit vf L�nder in eny cape�ity, withaut the written can�gnt
<br /> of Lende�.
<br /> C3ovarning L�rw. This �eed of Tru�t will ba ga�arned by fadera� law epp�ah�#e to I.ander and, to the axtent not
<br /> preamptad�y�ederal law,the lawa of the St�te of Nel�a�ke without reg�rd ta its cvn�ts of!aw proyisians. This
<br /> Ds�d af Trus#has baen�ccepted by Lander in the Stats vf Nabraeks.
<br /> Choica o�Vsnue. If there is a lawsuit, Trus#or agrees up�n Lender's rgquest to suhmit to th��urisdictian of the
<br /> courts of Hall��unty, State vf Nebraska.
<br /> Joint snd 5s�eral Liability. All obligations flf Trustor under this ❑ee�f of Trust shall ae �oint �nd se�erai, end all
<br /> ref�rences to Trustar shell mean ea�h and s�ery Trus#or. This means th�t �ach Trustor signing below is
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