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90100180
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Last modified
3/7/2012 4:33:42 PM
Creation date
10/20/2005 8:26:13 PM
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DEEDS
Inst Number
90100180
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�: <br /> �:, <br /> � � <br /> � <br /> (� 90� �.00�.�0 <br /> the applicabl� usury law. If from any circumstance� W}1At'Rt7PVP1'i <br /> fulfillment of any proviaion of �he Note or of this Deed of Trust, <br /> or any other agreement relating to the Note, at t�e time performance <br /> of such provision shall be due, shall involve tranacending the limit <br /> of validity prescribed by law which a court of competent <br /> �urisdiction may deem applicable thereof, then �ip�so facto, the <br /> obligation to be ful£�lled shall be reduced to tT-1 mi�t--'of auch <br /> validity, and if, from any circumstance, Beneficiary ahall ever <br /> receive as interest an amount which would exceed the highest lawful <br /> rate, such amount which would be excesa3ve interest shall be applied <br /> - ta the reduction of the unpaid principal balance due as of the date <br /> such amount is received or deemed to be received by Beneficiary and <br /> not to the payment o£ interest. This provision shall control every <br /> other proviaion of gll agreementa between Grantor and Beneficiary. <br /> Notwithstanding the foregoin�, if the proviaiona of any law or <br /> regulation of the United States or any agency or inatrumentality <br /> thereof, as amended, which validly aupercedes any restriction of the <br /> State af Nebreska, would perroit Heneficiary to charge or receive a <br /> rate of interest with respect to the indebtedness evidenced by the <br /> Note in excesa of the maximum rate of interest (if any) Fermitted to <br /> be charged or received by Benefiaiary under applicable lew of <br /> Nebraska, the leas reatrictive proviaiona of any such United States <br /> law or regulation shall apply in determining the rate of interest <br /> permitted to be charged or received. ' <br /> 34. Definition of Terms. The term "Beneficiary" shall mean the <br /> �°..**.2�� °tZL� �� .^_: a� atiy t i1c� �.aiCiii��ii� �'ii�u'U'tCCB� tii iiiC i`1V�e� i : <br /> whether or not named as Beneficiary herein. The use of the term '• �� <br /> "Grantor" herein shall not be construed to limit or to otherwiae -- <br /> preclude the application of the term "Grantor" to the person or �i <br /> peraons named herein. The obligations of all persons named as �� <br /> _ Grantdor herein shall be ,joint and several. The provisions hereof ��_=� <br /> shall apply to the parties according to the context thereof, and :;'� <br /> without regard to the number of gender of words or expressions used. 7� <br /> 35. Notices. All notices, requeats, demands or other <br /> communica ons ereunder or under the Note, or any Loan Document ; <br /> (unless otherwise expressly provided therein) shall be in writing �• ' <br /> and shall be addressed, in the case of Grantor, to Hamilton � �� <br /> Chevrolet-Cadillac, Inc. , Box 1528, 3312 SColley Park Road, Grand �` <br /> Island, Nebraska 68802 and, in the case of Beneficiary, to Box � � <br /> 14099, Omaha, Nebraska 68114, or to such other address as either �� � <br /> . � . <br /> party may designate in writing and to each person who is a party <br /> hereto at the address of such person as herein set forth. All � <br /> notices hereunder shall be effective: (a) three (3) days after <br /> deposit in the U. S. Mail, postage prepaid, registered or certdified � <br /> mail , return receipt requested; (b) upon delivery, if delivered in <br /> person to the addresa set forth above ; or (c) upon delivery, if sent <br /> by commerciaZ expresa aerviee, such as Federal Express ; except that <br /> notices of change of address shall be effective ten (10) days after <br /> the effective date of all other notices hereunder. <br /> 23 <br /> � � � <br /> � <br /> � <br /> • n <br /> i. � <br /> -- --`� �' <br /> _-+ t.. <br /> -_ � . <br /> + 'i <br /> .�r <br /> � <br /> ��i�`�. <br /> _•��'' �,. � <br /> x `��" <br /> ,, . <br /> - :j°', <br />
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