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2� 1 ��5493
<br /> �IEED DF T�UST
<br /> �Continued} Page �
<br /> af Trust and any other security nvw or hereafter held by Lender or Trus�ee in such vrder and manner as fhey or
<br /> eith�r of them may in their absalu�e dis�retion determ3ne. No remedy conferred upon or reserved�o Trustee or
<br /> Lender, is intended ta be�xclusi�e of any other remedy�n#his Deed of Trust or I�y law pra�ided�r perrnitted, but
<br /> each shall be �umulative and shall be in addition tv �very ather remedy gi�en in this Deed vf Trust or nvw or
<br /> hereafter exisfi�ng at law a��n equity or by statute. Every pow�r or r�medy given by the Note or-any of the Rela�ed
<br /> Dvcuments ta Trustee ar Lender or to w�ich either of them may be o'�herwise entitled, may be exerc�sed,
<br /> c�ncurr-en�ly or independent�y,from fiime to time and as aften as may be deemed expedien�by Trustee ar Lender,
<br /> and �i�her vf them may pursue inconsistent r�medies. Nv�hing in �his D�ed o� Trust shall be Gons�rued as
<br /> proh�biting Lender�rom seek�ng a deficiency judgm�nt against the Trustar�o�he ex�ent such act�an is permitted by
<br /> law. Ei�:c�ion by Lender to pursue any remedy sha�l not exclude pursuit of any other remedy, and an election tn
<br /> make expenditures vr�a take aGtion �o perfio�m an o���gat�on af Trustor under�his Deed of Trust, after Trustor's
<br /> �ailure tv perfiarrn,shail nofi a�Fec�Lender's�ight ta dectare a de�ault�nd exercis��ts remedies.
<br /> Request far No#ice. Trustor, an behalf o�Trus�or and Lender, herehy requests thafi a�opy of any IVvtice c�f Defaul�
<br /> and a copy o�any Not€ce nf Sale under�his Deed of Trust be ma�led tv them at the addresses se�forth in the firsfi
<br /> paragraph of�h is Deed vf T�-ust.
<br /> Attvrneys' Fees; Expenses. lf Lender ins�itutes any sui� or a��ian �o enf�rce any vf the terms vf#his De�d vf
<br /> Trust, Lender shall be en���led fia reco�er such sum as the court may adjudge reasanable as attvrneys'fees at�riaf
<br /> and upon any appeal. Whethe�or not any caurt ac�ion �s in�o��ed, and�o the extent no� prohib�ted by �aw, aIl
<br /> reasona�le expenses L�nder incu�s that �n Lender's vpinion are neoessary at any time for fhe prote��Evn of i�s
<br /> interest ar the�nforcement flf its rights shall be�ome a part vf the Indebtedness payab�e an denrand and shall bear
<br /> interes�at the IV��e rate�rom�he date vf�he expenditure until repaid. Expenses ca��red by this pa�ragraph include,
<br /> wi�hout I�mi�afiion, hovUe�er sub�ect�o any limits und�r appficable law, Lender's attvrneys'�Fees and Lender's legal
<br /> expenses, whethe r or no�there is a I awsu it, i ncl udi ng a�karneys' fees and expenses for ban kru p�cy pr{o�eedi ngs
<br /> �including efForts ta mvdify or�acate any autvma�ic stay or injunctivn�, appeais,and any anticipated past judgmen�
<br /> �o�lec�ian services, �he cos�of sear�hing records, obtaining title reports �including fnreclvsure repvrts}y 5!.]1VP��ID�S�
<br /> repo�ts, and appraisal fees, title insurance, and �ees for �he Trust�e, tv the extent p�rmi�ked by appl�cable law.
<br /> Trustor also wilf pay any court�asts, in addition��a�l other�sums pro�ided by law.
<br /> Rights vf Trusfiee. T�ustee sha[I ha�e ali of the rights and du�ies o�Lender as set€arth fn this se�tion.
<br /> P�WERS AND �8L1GAT�ONS DF TRLISTEE. The fo�(owing pro�isions r�lating tv the powers and obligations ❑f Trustee
<br /> are par�of this Deed of Trust:
<br /> Powers vf Trustee. fn addition to al�powers vf Trustee arising as a matter of faw, Trustee shall have the power t�
<br /> take the foilowing a�tions with respect to �he Proper�y upon the wri��en reques�v�Lender and Trustor: �a}join in
<br /> preparing and filing a map or plat of the Rea[ Prvperty, incfuding �he dedicat�on v� streets or ather rights t❑ the
<br /> public; �b} foin in granting any easement or creating any restriction on the Real Property; and �c} jain in any
<br /> subordination or v�her agreement afifecting this ❑�ed vf Trust or�he interest of Lender under this Deed of Trust.
<br /> Trustee. Trus�ee shall meet all qualifi�ations required �or Trus�ee under applicahle law. fn addition to the rights
<br /> and remedies s�fi forth abo�e, wi�h respect tv aIl �r any part of the Property, the Trus�ee shall ha�e the right t❑
<br /> foreclose hy notice and sale, and Lender sh�ll have the righ�to fvreclose by judiciaf fioreclosure, in ei�her case in
<br /> accflrdanc�with and�v th�full extent pro��ded by applicabfe law.
<br /> Successor Trustee. Lender, at Lender's optivn, may from time to tirne appoint a successar Trus�ee t❑any Trustee
<br /> . appo�nted under this ❑eed o�Trust by an ins�rument executed and acknaw�edged by Lender and recorded in the
<br /> o�fice ❑f fihe recarder �f Hal1 �ounty, 5ta�e vf 1Vebraska. The instrument shall contain, in addi�ion �v ail ather
<br /> matters required by state iaw, #he names ❑f the ❑riginal Lender, T�-usfiee, and Trustar, the book and page �or
<br /> computer syst�rn referen�e} where this Deed of Trust is recarded, and the name and address of the su�cessvr
<br /> trus�ee,and the�nstrument shall be exe�uted and acknowled�ed by all the benefciaries under this Deed❑�Trust or
<br /> their successors in interest. The su�c�ssor trustee, w�thout cnn�eyan�� ❑f the Praperty, shall succeed to alf the
<br /> title, powe�, and duties canferred upon�he Trustee in�his Deed of Trust and by applir.able[aw. This pracedure�or
<br /> substitutian��Trustee shall ga�ern to the exclusion of a[1 vther p�v�isians for substitu�ion. .
<br /> N�TICES. Any not��e re�quired to k�e given und�r#his Deed of Trust, inc�uding wi�hout fimitatian any n�tice of defauft
<br /> and any not�ce o�sale shal[ be gi�en in writing, and shalf be efFec�i�e when actua�ly de[ivered, when actualfy rece�ved
<br /> by te[efacsimile�unless o�herwise required by law�,when depvsi�ed with a nationaf[y recvgnized o��rnigh�courier, vr, if
<br /> mailed,when dep�sited in the United States mail, as first class, c�r�ified or registered mail p.ostage prepaid, directed t�
<br /> the addresses shown near the beginning of�his Deed of Trust. All �opies o�nfl�ices of fore�lvsure frorn�he holder❑f
<br /> any fien which has prio�ity��er fhis Deed of Trust sha�� be sen�t� Lender's address, as shawn near the beg�nning vf
<br /> this aeed o�Trus�. Any party may chang� its address �F�r notices under this Deed af Tn.�st by gi�ing�ormal written
<br /> no�ice ta �he other parties, specifying that the purpvse af the n�ti�e �s �o change th� par�y`5 address. Fvr notice
<br /> purpvses, Tn.rstor agrees fo keep Lender informed at af I times af Trus�o�'s curren�address. Unless atherwise provided
<br /> or required by faw, if�h�re is mvre than ane Trus�or, any notice gi�en by Lender ta �ny Trustor is de�med to be nv�ice
<br /> g��en to alf Trus�ors.
<br /> ELECTR�NIC C�P�ES. Lende� may copy, efectronicafly or �therwise, and th�reaf�er destr�y, the origina[s vf this
<br /> �
<br /> Agreemen� andlor Related Documents in the regular cvurse of Lender's business. AI[ such �opies produced from an
<br /> electronic fvrm or by any ather reliable means �i.e., photagraphic image or�acsimi�e}sha�� in a11 respects be cansidered
<br /> equivalent�o an original, and Borrower hereby wa�ves any r�gh�s or objec�ions ta th� use o�such copies.
<br /> MlSCELLANEC3l15 PRC]VIS[�iVS. The faffowing miscelfaneous proWisions are a part of fhis ❑e�d of Trust:
<br /> Amendments. This Deed af Trust, tagether v�r�th any Related DaGuments, �ons�itutes the entire unders�anding and
<br /> agreemen�af t�e pa�ties as to the matters set fo�th �n this Deed of Trust. No a�#era�ivn of or amendment tv th�s
<br /> Deed of Trust shall be ef�ecti�� unless given in wri�ing and signe� by the party ar parkies s�ught to be �ha�-ged❑r
<br /> bvund by�he a�teratian ar amendment.
<br /> Annual Reports. I� th� Prvper�y is used f�r purpnses o�her �han Trus�or's residence, Trustor sha�� �umish to
<br /> Lsnder, upQn request, a certified s�at�ment �f ne� �pera��ng income rece��ed frvm the Prvperty during Trusfvr�5 '
<br /> pre�iaus fiscal year in such form and detail as Lender shall requi�-e. "'Ne� operating incame" shall mean a�l cash
<br /> rece�pts from the Property i�ss all cash expendi�ures made in connec��vn with the❑perativn of the Property.
<br /> �aption Headings. Caption headings in this Deed a�f Trust are for cvn�enience purposes only and are not tv be
<br /> used�o interpre�o�define the pro�isi�ns❑f this ❑eed❑f Trust.
<br /> Nierg�r. There shall be no merger v�the interest vr estate c�-eated by this Deed of Trust wi�h any o�her interest vr
<br /> es�ate in the Pr�per�y at any fim� held by vr for the benefit o�Lender in any�apacity,without the written consent
<br /> af L�nder.
<br /> Go�erning Law, This Deed o�Trust will be go�erned by fed�ral law appli�ab�e to Lender and, ta th� extent nvt
<br /> preemp�ed by fed�ra� law,the [aws of the S���e of Nebraska withvut regard to its con��icts of law prvrris�ons. This
<br /> Deed of Trust has been accepted hy Lend�r irn�he State of Nebraska, -
<br /> Choice af Venue. 1�there is a lawsuit, Tnastvr agrees upvn Lender's request�a submit to �he jurisdiction of the
<br /> courts v�Hall Couniy, State of Ne�raska.
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