|
2� 1 ��� 111
<br /> DEED �F TRU�T
<br /> Laan No: '1��29�"i 66 ��ont�nu�d� Page 7
<br /> together. i� Lender decides �o spend maney or �o per�o�rm any ofi Trustor's vbligations under �his ❑eed o�Trus�,
<br /> a�ter Trus�or's failure tv dv so, �hat de�isian by Lender wi�� not a��ec� Lender`s right tv dec�are Trustvr �n defau[t
<br /> and to exercise Lender's remedies.
<br /> Reques�tvr Notice. Trus�or, an behal�o�Trustor and Lender, hereby requests that a capy❑�any Nvtice af De�fau�t
<br /> and a �vpy af any Nvtice of Sale under this Deed ❑f Trust be rr�ailed to ther� a�the add�esses set far�h in the�irst
<br /> paragraph a#�his Deed a�Trust.
<br /> Attorneys' Fees: Expenses. If Lender ins�i�utes any suit or action �o enf�rce any o� �he terms o� this Deed v�
<br /> Trust� Lender shall be entitled t❑ recv�er such sum as�he court may adjudge reasonahle as attorneys' �ees at trial
<br /> and upon any appeaf. 111Ihe�her ❑r no� any caurt ac�ion is in�ol�ed. and ta '�he ex�ent nat prahibi�ed by law, al[
<br /> �easanable expens�s Lender incurs tha� in Lender's opinion ar� ne�essary at any �ime far '�he protec�ion a� its
<br /> interest or the en�ar�ement of its rights sha�l b�come a Qart❑#�he In�leb�edness payab�� on dema�d and shall bear
<br /> interest at the Note rate from the da�e o�the expendi�ure until repaid. Exp�nses co�ered by this paragraph incEude,
<br /> w��hvut �imitation, howe�er subject ta any limi�s under applicabfe �aw� Lender's a�tarneys' fees and Lender's legal
<br /> expenses, whe�her or not there is a lawsui�. including a��vrneys' �ees and expenses fvr bankrup�cy praceedings
<br /> {including effarts�o mvdify or�acate any autama�ic s�ay ar inJunction}, appeals, and any an#icipa�ed post-�udgment
<br /> collection se��ices, the cost o-�searching records, obtaining title repvrts tincfuding fiorec�asure repvr�s}, sur�eyors'
<br /> reports, and apprai�al �ees, title insuran�e, and �ees �ar the Trus�ee, to the ex�ent permitted by applicab�e �aw.
<br /> Trus�or also will pay any cvurt cvs�s, in addi�ivn ta ai� a�her sums pro�ided by Eaw.
<br /> Righ�s of Trustee. Trustee shal! ha�e all ❑#the rights and duties❑f Lender as set fvrth in this section.
<br /> P�WERS AND �gLlGATl�NS �F TRUSTEE. The f�llowing pro�isi�ns relating to the powers and abligations o�Trustee
<br /> are part vf this Deed❑f Trust:
<br /> Powers of Trustee. In additian to all powers o�Trustee arising as a matter a�lawr Trus�ee sha[I ha�e the �ower tv
<br /> take the �ollowing ac�ions with respect t� the Property upan th� written reques�of Lender and Trus�or: �a�join in
<br /> preparing and filing a map or pEat of the Real Proper�y, including the dedication vf streets or other righ�s �o the
<br /> public; �b} jvin in granting any easement or crea�ing any restriction on the ReaE Proper�y; and {�} jvin in any
<br /> subardinativn or o�her agreement affecting�his Deed o�Trust or the in�eres�of Lender under�his Deed o�Trus�.
<br /> Trustee. Trustee shall meet all quaii�ications required for Trustee under applicable law. In addition to the rights
<br /> and remedies set forth abo�e, with respect t❑ all ❑r any par� ❑f the Property, the Trustee shalE ha�e the right to
<br /> �oreclvse by nv�ic� and sale, and Lender will ha�e the right to foreclose by judicial �vreclvsure, in either case in
<br /> accvrdance with and tfl the�ull extent pro�ided by applicable law.
<br /> Successar Trustee. Lender. at Lender's ap�ian, may fram time to �ime appoint a successor Trustee to any Trustee
<br /> appvinted under this Deed ❑fi Trust by an instrumen� exe�uted and acknowledged by Lender and recorded in �he
<br /> o���ce ❑� the �ecorder of HALL County. 5�a�e o� Nebraska. The ins�rumen� shail �ontain, in addi�ivn ta all other
<br /> matters required �y state law, the names vf the ❑rigina[ Lender, Trustee, and Trustar, the baak and page {ar
<br /> computer system re#erence� where this fleed o� Trus� is �ecorded, and the name and address o�r the successor
<br /> trus�ee. and the inst�ument sha�� be executed and acknawiedged by afl the beneficiaries under�his De�d of Trust or
<br /> their successors in interes�. The successor rrustee, without can�eyanc� of#he Property, shall succeed �v all �he
<br /> ti�le, power� and duties canfe�red upon�he Trus�ee in this ❑eed o�Trust and I�y app�icable �aw. This procedure�or
<br /> substitu�ion vf Trustee shall gv�ern to the exclu�ivn of aI�vther pro�isians for subs�itutian.
<br /> NaTlCES, Any natice required to be gi�en under this Deed a�Trust, in�luding wi�hout limitatian any no�ice vf de�ault
<br /> and any na�i�e vf sale shall be g��en in writing, and shali be e�fec�i�e when actual�y deli�ered, when actually recei�ed
<br /> by teletacsimiie �un�ess otherwise required by fawy, when deposited with a na�i�nally recognized ❑�ernight courier, ar, i�
<br /> mailed, when depasi�ed in the lJni�ed 5tates maii, as �srs��[ass. certified or registered maii pastage prepaid. directed to
<br /> the addresses shown near the beginning o��his Deed o�Trust. A�I �opEes o# notices of for�closure �rvm the ha�der of
<br /> any lien whi�h has pr�arity o�er this ❑eed of Trust shall be sent to L�nder's address, as shown near the beginning af
<br /> this �eed of Trust. Any person may Ghange his or her address �or na�ices under this aeed af Trus� by giv�ng �ormal
<br /> written no�ice to �he oth�r persnn or persvns, speci�ying tha� the purp�se v� �he no�ice is #o change the person's
<br /> address. For natice purposes,Trust�r agrees t❑ keep Lender in�ormed a�a!!�imes of Trustor's �urren�address. Unless
<br /> ❑ther►►vise pro�ided or requ:red by la►rv, if there is more than ❑ne Trusto�, any no�i�� gi�en by Lender to any Trus�or is
<br /> deem�d�o be notice gi�en to afE Trustars. ft wilf be Trus�or's responsibility to tel�the athers ❑f th� natice from Lender.
<br /> MISCELLANE�US RR�V151�N5. The fafEowing miscellaneous pra�i�ians are a part❑��his Deed a�Trus�:
<br /> Amendments. Vllha� is wr�tten in �his ❑eed vf Trust and in the Re�ated Dv�uments is Trus�ar's �ntire agreemen�
<br /> with Lender concerning the mat�ers co�ered by�his Deed nf Trust. To be ef�e�tEve. any change ar amendmen�to
<br /> this Deed ofi Trust must be in writing and must be s�gned by whoe�er wEE! be bvund or❑bliga�ed �y the �hange or
<br /> amendmen�.
<br /> Captivn Headings. Captian headings in this Qeed of Trus� are for cvn�enienee purposes an�y and are no� ta be
<br /> used�o interpret ar de�ine�he pra�isions o�F this Deed of Trust.
<br /> Merger. There shall be na merger n�the in�erest�r es�a�e created by�his Deed vf Trust wi�h any other inter�st ar
<br /> estate in�he Prvperty at any�ime held by ❑r for the benefi� of Lender in any capacity, without the wri��en consent
<br /> o�Lender.
<br />
|