|
� � 2� 1 ��� 173
<br /> DEED �F TRUST
<br /> Laan Nv: 'I�'I 29892� ���tltitlued� l�age 8
<br /> �inc[uding effarts�o modify vr�a�ate any autvmatic stay❑r in1unction�, appeals, and any ar�ticipa�ed post judgment
<br /> col[ec#ion se��ices, the cost of searching records, abtaining title repar�s �inc[uding forecfo�ure reports�, sur�ey�rs'
<br /> reparts, and appraisal �ees, fi#le insurance, and fees fior the Trusfee, to the extent permitted by applicable �aw.
<br /> Trustor afs❑will pay any caur���sts, in addi#ion to a�l other sums pro�ided by[aw.
<br /> Rights of Trus#ee. Trustee shall ha�e all af the righ�s and duties of Lender as set�Forth in tl�is se�tivn.
<br /> PQVI�ERS AND �BLIGATIDNS ❑F TRUSTEE. The following pro�isions relating to �he powers ar�d obligatians of Trustee
<br /> are part�f this ❑eed of Trust:
<br /> Powers of Trustee. ln addi�ian ta all powers of Trustee arising as a mat�er❑f[aw, Trustee sha[[ ha�e the power tn
<br /> take �he #ollawing activns wi�h respect�o the Property upon fihe wri�ten request ❑# Lender and Trus�or: �ay join in
<br /> preparing and �Eling a map or plat of the Real Proper�y, inc[uding th� dedication ❑f stree�s ❑r other righ�s �o the
<br /> pub[ic; �b} join in granting any easem�nt or creating any restriction on the Real Property; and �c� j�in in any
<br /> subordinatian❑r other agreement affecting this Deed❑#Trust❑r the interest of Lender und�r this Deed of Trus�.
<br /> Trustse. Trustee shall meet a[I qua[ifications required for Trustee under applicable [aw. ln addition to the rights
<br /> and remedi�s set far�h aba�e, with respect to all or any part ❑� the Proper�y, the Trustee sha�� ha�e the right t❑
<br /> forec�ose by notice and sale, and Lender shall ha�e the right to forec[ose �y judicia[ �oreclosure, in either case in
<br /> acc�rdance►rvith and to the tu[[ex�ent pro�ided by applicable law.
<br /> Successor Trustee. Lender, at Lender's aptian, may fram time to#ime appaint a successo��Trusfiee to any Trustee
<br /> appainted ur�der #his Deed ❑f Trust !ay an instrum�nt executed and acknowledg�d by L�nde�- and r�corded in the
<br /> office o� the recarder of HALL Caun�y, 5tat� o� Nebraska. The instrument shall �antain� in addition to a[l other
<br /> matt�rs required by state �aw, tF�e r�ames o� th� ❑riginal Lender, Trus�ee, and Trustor, �he book and page �or
<br /> computer system reference� where �his Deed of Trus� is recorded, and �he name and a�idress ❑f �he suc�essar
<br /> trus�ee, and the ins�rumenfi shail �e executed and acknow�edged by a[I fihe beneficiaries under this Deed of Trus�❑r
<br /> the�r successors in interest. The successor trustee, with�ut con�eyance of�he Prvperty, shaff succeed to all the
<br /> t��le, pow�r, and duties canfe�red upon the Trustee in fihis ❑eed af Trust and by appli�able law. This procedure for
<br /> substitu�ion❑f Trustee shaEf gv�ern to the exclusion of al[other prv�isivns for substitution.
<br /> N�T10E5. Any no�iCe required to be gi�en under this ❑eed o�Trus#, including wi�haut iimitati�n any not�ce o� default
<br /> and any notice of sale shall be gi�en in writing, and shall be e�fecti�e when actua[[y d�li�ered, when actually r�cei�ed
<br /> by telefacs�mile �uniess otherwise required by law�, when depos�ted with a na�iana[[y recagnizecl v�ernight c�urier, ❑r, if
<br /> mailed, when deposified in th� lJni�ed States mail, as first c�ass, certified ar registered mail pos�age prepaid, directed to
<br /> the addresses shown near�he beginning vf this Deed of Trust. Al[ copies ❑f n�tices o# foreclt�sure frvm the hofder of
<br /> any lien whi�h has priari�y ❑�er this ❑eed ❑f Trust sha{E be sen�t❑ Lender's address, as shown near the beginning of
<br /> this ❑eed �f Trust. Any par�y may change i�s address far natices under th�s Deed ot Trust ��y giving forma[ written
<br /> notice ta th� �ther parties, specifying that �he purpose ot the notice is t� change the party's address. For notice
<br /> purposes, Trustvr agrees tv keep Lender infarmed a� ali �imes af Trustor's current add�ress. Ur,l�ss ❑fherwise pra�ided
<br /> ❑r r�quired by faw, if there is more than ane Trus�or, any no�ice gi�en by Lender ta any Trust��• is deemed ta be nvtice
<br /> g i�e n tv a�E Trusta rs.
<br /> M15CELLANE�US PR�V151qNS. The�ollvv►ring misce�laneous prv�isians are a part af this Deed of Trust:
<br /> Amendments, This aeed af Trust, t�gether with any Related ❑acuments, cvnstitut�s the entire understanding and
<br /> agre�ment of the parti�s as to the matters set for#h in fihis Deed of Trust. No alfiera�tivn of ❑r amendment ta this
<br /> Deed of Trust shall be effecti�e un[�ss gi�en �n writing and signed by the party ar pa�ties soughfi t� be �harged ❑r
<br /> bvund by the al�eratEan❑r amendmen�.
<br /> Annual Reports. [f the Property is used for purposes ❑th�r than Trustor's resid�n�e, Trustor shal� furnish tv
<br /> Lender, upon request. a cer�ified sta�em�nt ❑f net ❑perating �ncome recei�ed �rom the Properfiy during Trustor's
<br /> pre�ivus fisca{ year in such torm and d�tai! as Lender shali require. "Net operating in�ome" shall mean a[� cash
<br /> receipts from the Praperty less a�l cash expenditures made in�vnnecti�n wifih fihe❑peration�f fihe Property.
<br /> Caption Headings. Caption headings in this ❑eed af Trust are for can�enience purpases onfy and are no� �o be
<br /> used to interpret�r define the pro�isions o�this ❑eed af Trust.
<br /> Merger. There sha[I be no merger o�the interest ar esta#e crea�ed by�his Deed of Trust vtirith any other in�erest❑r
<br /> estate in the Proper�y at any�ime held by or�or the benefit ❑� Lender in any capaci�y, wit�f�ut the written cflnsent
<br /> of Lende�.
<br /> Governing Law. This Deed o�Trust wilI be governed by federal Iaw applicable �o Lendeir and, �o the extsnt not
<br /> preempted by�ederai law,the laws v#�he S#a#e of Nehraska without regard ta its �onflic�s of[aw provisivns. This
<br /> Deed of Trust has been ac�epted by Lender in fhe State o#Nebraska.
<br /> Choice af Venue. l�there is a lawsuit, Trustor agrees upon Lender's request �o submit t❑ the jurisdiction o� the
<br /> c�urfs of Hall County, S�at�a�Nebraska.
<br /> Join# and Se�eral Liahility. Ai� ob[�gations of Barrower and Trus�vr under this D��d o� Trust shall be �oint and
<br /> se�eral, and a�l references fio Trustor sha[I mean ea�Y� and e�ery Trustor� and a[I references ta 6orrower shaE� mean
<br /> each and e�ery gorrawer. This means that each Trustvr signing be[aw is responsible for a�l abliga�ions in this ❑eed
<br /> v�Trust.
<br />
|