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2� 1 ��551 �
<br /> f. In the event Lender�s a party fo any litiga�ian affecting tihe Praperty�r this trust deed, including any
<br /> acf�on by Lender to enfarce this trust deed vr any su�t in which Lender is named a defendant�including
<br /> em�nent domain and bankruptcy prviceedings}, Lender may incur expenses an� ad�ance payments for
<br /> abs�rac�fees, at�arney's fees�to the exten�allowed by law}, costs, expenses, appraisal fees, and vther
<br /> charges and any am�unts sa adWanced will bec�me part o�the principal �bligations secured hereby,
<br /> be immediately due and payable and bear interest at�he defaul�ra�e p�ovided in the Loan aocuments
<br /> from fhe date o�advance un��l pa�d.
<br /> 8. Delay by Lender in exercising its rights upon default will nat be construed as a waiver ther�of, and any
<br /> act of Lender waiving any specific default will nat b� cons�rued as a waiver o� any future defau�t. If the
<br /> proceeds under sale or fv�eclosure as set fvrth abo�e are�nsuffici�nt ta pay the tvtal abligations secured
<br /> hereby, Lender will be entitl�d to a deficiency judgment.
<br /> 9. Any awards made to Trustor vr thei�- successors by the exercise af eminent domain are hereby
<br /> assigned ta Lender; and Len�ler is hereby aufharized to callect and ap�ly the same in payment of any
<br /> indehtedness, ma#ured�r un-matured, secured by this trust deed. Trus�ar shall immediately nvtify Lender
<br /> of any action tn eminent domain.
<br /> '!�. This�rust deed constitu�es a security agreemer�t with respect ta all tihe Praperty described herein.
<br /> '!'�. No remedy herein cvnferred up�n or�eseirved to Trustee or Beneficiary is intended to b�exciusiv�of
<br /> any other rem�dy herein or by law provid�d or permitt�d, but each �vill be cumulative, will be in additian
<br /> fo eve�y other remedy given hereunder or nvw or hereafter e��sting at �aw o�in e�uity�r by statufe, and
<br /> may be exercised c�ncurrently, independently or successively.
<br /> '12. Trus�ar acknvwledges that fh� duties and ❑bligations of Trustee w�ll be de�ermined solely �y the
<br /> express proWisivns of fhis trusf deed or�he Nebraska Trus�Deeds Ac�and T�-usfee will nat be iiable excep�
<br /> for the p�rforman�e of such duties and o�ligatians as are specifically set forth therein, and no �mplied
<br /> covenants or obligatians wil� be imposed upon Tr�stee; Trustee will not be liable for any action by it in
<br /> good fa�th and reasonably bel�eved by it to be authorized or within the discretion or righ�s of pv�vers
<br /> conferred upvn it by this trust deed ❑�sta�e law.
<br /> '�3. The covenants c�ntained in thfs trust deed will be deemed fo be severable; in the event that any
<br /> portion af this trus�deed is de�er�min�d ta be v�id or unenforceable, tha�det�rmination will not affec�the
<br /> �alidity of the remaining p�rtivns of the frus�deed.
<br /> 14. Tru�tor he�eby requests a c�py of any na�ice af d�faulf❑r notice of sale he�-eunder tv be ma�led by
<br /> certifie� mail fo Trusfor at the address set forth herein.
<br /> '�3.Ali nvtices, requests and demands t��r upon the respective parties he�eto to be effectiWe shall be in
<br /> w�i��ng and, unless othen�vise expressly provided herein, sha�l be deemed t� have been duly given �r
<br /> made when de�i�ered by hand, a�three days after be�ng deposi�ed in the mail, postage prepaid, or, in the
<br /> case of de���ery by a nationally recv�n�zed overnigh�courier, when received, addressed ta❑ne or more
<br /> af the individuals executing this trust deed an �ehajf of such party at the a�dress set f�rth above, or to
<br /> such o�h�r address as such party may designate for itself by like notice.
<br /> 'I�. T�usfor shall pramptly proWide andlor execute and deliver to Lender such further instrumen#s,
<br /> including, but not IimFted ta, mortgages, deeds ❑f �rust, securi�y agreements, financing statements,
<br /> �on�inuatian statements, assignmen#s, certifi�ates, affida�its, addendums, amendmen�s vr r�s��utians in
<br /> f�rm and substance satisfacfory �o Lender fhat Lender may require to effec�uate, cvmplefe, perfect,
<br /> c�ntinue or preserve this trust deed or any other Lvan Dacumen�s, �bligafi�ns or i�ens r�lated fheret�.
<br /> '17� This trust deed and all of the Loan ❑vcuments cvnstitute the entire and comp�e�� unders�anding of
<br /> the parties hereto an� supersede all privr agreemen�s and understandings relative���he subject matter
<br /> hereof, This trust d�ed may not be effecfively amended, changed, altered or modified, except in writing
<br /> �xecuted by aii parties. Ta the ex�enf the provisior�s c�ntained in this trust deed are in�onsistent with
<br /> �hnse cvntain�d in any ofher Loan Do�uments, th� terms and provisions cvntain�d herein shall contral.
<br /> �#herwise, such provrsians shall be considered cumulatiW�.
<br /> '18. This trus� deed may be execufed �n any num�er of coun�erparts and by either party an separate
<br /> cvunferparts, �ach of which shaf� be deemed an vr-iginal, �ut a!I vf whi�h tagether sha�l c�ns#itu�� ane
<br /> and the same instru menti.
<br /> '19.Time is vf the esssnce in the perf�rmance of this trust deed.
<br /> �0. The terms af this trust deed shall bind and benefit fhe heirs, le�al repres�ntatives, successors, and
<br /> assigns of the parties; pr�vided, however, thaf Trust�r may no�assign this trust deed, or any advances
<br /> made he�eunder, a�a�s��n or delegate any vf its rights or obligafions, without the pri�r w�itten c�nsent of
<br /> Lender.
<br /> 2'I. The frust deed shall be ga���-ned by, and construed in ac�ardanc� w�th, the laws of fhe Sfate of
<br /> 1Vebraska, except tv �he exfent that the law af any other jurisdi�tion applies as to the perfection Qr
<br /> App#:5408�9�; GIF#: �'i 63�5; Nofe#:304�583 2��KS Legal Doc.Date:August�4,���6
<br /> F�R�1!50��,Trust Deed and Assignment of Rents � Page 6 of 8
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