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2� 1 ��325 DEED C]F TRUST Laan No: 'I D1238U79 {Cont�nued� Page 9 agreemenfi of�he parties as to the matters set forth in �his ❑eed of Trust, No alfieration vf ar amendment tv this Deed ❑�Trus�shall be eff�ct��e unless gi�en in wri�ting and signed by the par�y or parties sough�to be charged or baund by the altera�ion❑r amendment. Annual Reports. I� the Property is used �or purposes other than Trus�vr's residen�e, Trusta� shall furnish to Lender, upon request, a cer�ified sta�ement af net aperating incame recei�ed frvm �he Property during Trustor's pre�ious fisca� year in such fv�-m and detail as Lender shall require. "Ne� �pera�ing inc�me" shall mean all cash receipts �rvm the Properfy less all cash expenditures made in connectian with the operativn o�fihe Prvperty. Caption Headings. Cap�ion headings �n �his Deed of Trust are �or con�enience purposes vnly and are not t❑ be used to interpret or de#ine the pro�isions af this Deed of Trust. IVlerger. There shalE be no merger of the interest❑r estate created by this Deed vf Trus�with any o�her Enterest❑r estate in�he Prnper�y at any time held by or�or�he benefit v� Lender in any capacity, without�he written consent vf Lender. Go�erning Law. This ❑eed of Trus# will be garre�ned hy federal law appEicable fa Lender and, to the extent no� preempted by f�deral law,fihe laws o�#he 5tate vf Nebras ka withvut regard to�ts confiicts of Eaw provisivns. This ❑eed o�Trus�has been accepted by Lender in the Sta#e❑#Nebraska, Ch�ice of Venue. If there is a lawsuit, Trustar agrees upon Lender's request ta submi� �o the jurisdictivn ❑� �he cour�rs o�F Hall County, 5tate ofi Nebraska. Na Waiver by Lender. Lender shall nvt he deemed to ha�e wai�ed any righ�s under�his ❑eed af Trusfi unless such wai�er is gi�en in writing and signed by Lender. N❑ delay or omission ❑n�he part of L�nder in �xe�-cising any right shall opera�e as a waiver ofi such righ# or any other righ#. A waiv�r by Lender o� a prv�ision ❑f�his Deed ��T�-us� sha�1 nat pre�udice ar cons�itute a wai�er vf Lender's righ� otherwise ta demand strict compliance with tha� provisivn or any o�her prv�ision ❑f this Deed ❑f Trust. No privr wai�er hy Lender, nor any course of dealing between Lender and Trustvr, shall cans�itute a waiver of any v� Lender's righ�s nr nf any o#Trustvr's obligations as t❑ any futu�re transac�ions, Whene��r the �ansent of Lender is required unde� this Deed a�Trust, the granting o� such consent hy Lend�r in any instance shall nvt constitute continuEng �onsen�to subse�uen� instances where such consen�is required and in all cases such consent may be granted or wi�hheid in the sol�discre�ivn❑�Lender. Se�era�iiity. lf a court of cvmpetent jurisdictian �inds any p�o�ision o�this ❑eed o�Trus� tn be il�egal� in�alid, ❑r unenforceable as t❑ any circumstance, that #inding sha�l no� make fihe offending pro�isi�n illegaf, �n�alid, or unenforceable as to any o�her circumstance. If �easible, the vffending prv�ision shali be cans�dered modified so tha� it �e�ames [egal, �alid and enforceab�e. I# the vffending pro��sivn cannat be s❑ modified, i� shall be cansidered deleted from this Deed of Trust, Unless otherw�se required by law, �he iElegali�y, in�alidi�y, ❑r unenfvrceability of any prv�Esion of th�s ❑eed ��Trus� sha[f nat a�fec�the �egality, �alidity ar entorceability o� any ❑ther pro�ision ❑f�his Deed flf Trust. 5uc�essvrs and Assigns. Subject t❑ any limitativns s�ated in this ❑eed o�Trus� on transfer ❑f Trus�or's in�erest, rhis Deed vf Trust shall be binding upon and inure ta the bene�it ❑f the parties, the�r successars and assigns. I� ownership ofi the Praperty becames �ested in a persvn other than Trust��-, Lender, without natice to Trus�vr, may deal with Trustor's successors wi�h reference to this Deed of Trust and the Indebtedness by way o��arbearanc� or ex�ensivn withou�releasing Trustvr frnm the flb�iga�ions o�this Deed af Trust or liabil�ty under�he lndebtedness. Time is of the Essence. Time is ❑��he essence in�he per�nrmance�f this Deed ❑f Trust. Waiver of Ham�s#ead Exemption. Trus�or hereby releases and wai�es ail righ#s and benef�ts vf the homestead exemption Eaws of�he �tate of Nebraska as t❑ all �nd�btedness secured by this �7eed ❑f Trust, DEFINITl�NS. The following capita�ized wv�ds and terms shalf ha�e the �o!lowing meanings when used in fihis Deed ❑fi Trust. Unless specifically stated �o the contrary, all re�Ferences �❑ dollar amoun�s shall mean amounts in fawful mvney at the Uni�ed States o� America. Words and terms used �n the singular shal! inc�ude the pluraE, and the p�ural shall inc�ude th� singular, as the con�ext may require, Vllords and fierms not ❑therwise defined in this Deed ❑f Trust shall ha�e the meanings attributed to su�h terms in the Uniform Commercial Cvde: Beneficiary. The word "Beneficiary" means Fi�e Poin�s gank, and its successors and assEgns. Borrower. The word "Borrowe�-" means TAMMY PHAM and includes all ca-signers and co-makers signing the Note and al�their successors and assigns. Deed vf T�us#. The w�rds "Deed of Trust" mean this Deed o� Trust among Trus�or, Lender, and Trus�ee, and incfudes without �imi�ation all assignmen� and securi�y interes� pro�isions relating to the Personal Praperty and Rents. Dsfault. The word "De�aul#" means the Default set�orth in this Deed a�Trust in�h�section titled "De�ault". Environmental Laws. The words "En�irvnmentai Laws" mean any and ail sta�e, federal and local statutes, regula�ians and ordinances relating to fihe protection ofi human health ar the en�irvnmenfi, incfuding withau� limi�ation the Camprehensive En�irvnmental Respvnse, Cvmpensation, and Liab�iity Ac� of 198�, as amended, 42 U.S.C. Sectian 96��, st seq. �"CERCLA"y, the Superfund Amendments and Reauthoriza�ion Act o� �985, Pub. L. No. 99-499 {"SARA"}, the Hazardous Mate�-ials Transporta�ian Ac�, 49 U.S.C. SectEan �8�1, e�seq., the Resource Conserva�ion and Recavery Ac�, 4� IJ.S.C. 5ection 6901, et seq., or other applicable state or #ederal [aws, rules,