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2� 1 ��7214
<br /> ta execu�e and d�l�ver ta the purchaser or purchaser� a� sueh sale any deeds of co�veyance �ood and suffzcient at
<br /> law, pursuanfi�o �he statu�e in such case made and pro�ided. Th�Trus�ee sha�l app�y�he proceeds of t�ae Trus�ee's
<br /> sale, f rst, to �h� costs and expenses �f exerc�sin�;the powe� af sa�e and of the sale, �nc�udin;�he paym�.en� of the
<br /> Trus��e's fees ac�uaily incurred; se�ond, �o paymen� of the obl�bat�an s��ured b�y �he trust deed; third, �o the
<br /> paymen� af j uni�r �rus� deeds, mortgages, ar other lienhold�rs and the balance, if any, to th� person �r persons
<br /> Iega�ly en�i��ed there�o. The recita�s �n �he Trus�ee's deed shai� be prima facie evidence �f �he �ru�h of �he
<br /> statemen�s made in it. �f Lender choa�es�o inv�ke the pc�wer of�a��, Lend�r ar Tr�stee will prov�de no�ice of sale
<br /> pursuant�a appl�eable law. Any such sale or a sa�e made pursuant �o a�udgm�nt ��r a decree for the foreclosure
<br /> hereof may, a� �he optian of L�nd�r, be made en rnasse. The �ommencement of proceedin�s to forec�ose this
<br /> Security�ns�rument�n any manner au�horized by taw shall be deemed as�xercise af the above Qp��on.
<br /> Upon the oc�ur�renc� of an ���nt af Default, Lender sha1� immediately be entit��d to make appiication for and
<br /> ab�a�n th� appo�n��m�n� of a recexWer for�h� Property and of the earnings, incame, issue and prof ts af i�, w�th the
<br /> powers as �he c�ur� n�aking �he appaintments confers. �rant�r hereby �rrevocabl� cons�n�s to such appo�ntmen�
<br /> and wazves natice of any applica�ion�herefor,
<br /> Nt] �VAIV'ER. Na delay or failure of Lender �o �xercise any r�ght, remedy, pov�er or pri���ege hereunder shall
<br /> affect�hat righ�,r�m�dy,pow�r or pri�iie�e nor sha�l any s�ngXe�r partia� exerc�se�h�re�f preclude�he exercise of
<br /> any right, re�ed�, power or privilege. No L�nder deiay or fa�lure to dernand strict adh�renCe ta the �erms of th�s
<br /> 5ecurity �nstrumEent shall be deerned to constitu�e a course af eonducfi inconsisten��v��h Lender's ri�ht at any time,
<br /> bef�re or after an e�ent af defa��lt, ta demand s�ric� adherence to the terms af this Secur�ty �ns�rument and the
<br /> Rela�ed Dacum�ents.
<br /> SUBSTITUTE TRUSTEE. Lender, at i�s option, may from tim�to ti�ne r�move Trustee and appoin�a successor
<br /> trustee to any Trus�ee appointed hereunder by an �nstrum�ent recarded �n the ��oun�y in which �his S�curity
<br /> Instrument �s recaxded. Withou� conveyance of the Pr4per�y, the successtir truste: sha�� succeed ta a�l the title,
<br /> pflw�r and du�ies conferred upon Tru�tee herein and by appiicab�e law.
<br /> JO�NT AND SEVER.A►L LIASILITY. If�his S�cur��y �ns�rument should be si�nEd by r-n�re than one p�rson, ail
<br /> persons�xecuting�his Securit��nstrumenti a�ree that�hey shall be��in�ly and s���r�.l�y bound,where permitted by
<br /> law.
<br /> SURV�VAL. Lender's righ�s �n �his Securi�y Ins�rument ��I1 con��nue in i�s sucee�s�rs and assibns. Th�s Security
<br /> zns�rumen��s bind�na�n al�heirs, exeGu��rs,adm�nistrators,assi�ns and successars of�ranfiar.
<br /> N4T�CES AND WAZVER �]F N�T�CE. Unless o�her�vise required by appl�caale law, any natice or demand
<br /> ����n by Lender �o any party is cansidered eff�ctive: ��} when it is dep�sit�d in t��e United 5�a�es Mazi with �h�
<br /> approprxate postage; �ii} when ir is sent �ia el�ctran�� maii; �i�i} when it is sent �ia facsim��e; �iv} when it is
<br /> dep�sited wifih a nati�nally recogn�zed overnight courier service; �v� on the day o�personai d�livery; or �vi� any
<br /> ��her c��.mercia�l�reasonabl� m�ans. A�opy af any notice shall �e sent ta each �ar�y a��he address of�he party
<br /> giv�n afi the bea�nn�nb �f���s Security Ins�rument unless an al�e�na�i�e address h�s b�en pro�v�ded �o Lender in
<br /> vvritzn�. To th� extent permi�ted by law, Grantor vvai�es notice af Lender's accep�ance of t��s Security Ins�rumen�,
<br /> defenses based afl suretyship, any defens�aris�n�from any election by Lender und�r the Uni�ed S�at�s Bankruptcy
<br /> Cade, Un�f�rrn �ommerciai �ode, as enac�ed in the stat� where Lender is lo�a�ed or o���r appl�Gable law or in
<br /> equ��y, deznand, no�ice of acceleration, n�tice of nonpayrnent, presentment, pra��s�, natice of dishonor and any
<br /> ather notice,
<br /> RE�UES�'F�R N�TI�ES: Gran�or requests that�opies�f the notice af defaul�and not�ce of sale be s�n�to the
<br /> address of ea�h parry�iven at the bebinning of the Se�urity�nstruinen�.
<br /> T� THE EXTENT PERM�TTED BY LAW, GRANT4R �VAIVES ANY R��HT TC� N�T�CE, �THER
<br /> THAN THE NC)TI�E PR[3VIDED AB�VE, AND WA�VES ANY RI�HT TU ANY �3EAR�I�G,
<br /> JUDICIAL �R �T�IER'W�SE, PRIaR Ta L�NDER. EXERCISXNG �TS RIGHTS U�DER THZS
<br /> SECUR�TY �,I�iSTRU�ENT.
<br /> V4�,A��V�R �F APPRA�S��ENT RI��TS. �rantor wai�es all appraisement r��h�s rela�ing�o �he Property to
<br /> the exten�per�ni�t�d by�aw.
<br /> LEND�R'S E�PENSE�. G�antor agrees�o pay al� expens�s �ncurred by Lender in�onn�c�ion with �nforcement
<br /> �f��s righ�s under the �ndebtedness, this Securi�y Instrur�en�or in the event Lend�r is�m.ade party�o any �i�iga�ion
<br /> because �f�he exis�ence af the �ndebtedness or this S�cur��y �nstrument, a5 W�II aS C�UT'� CD5�5, �oliec�ion charges
<br /> and reasonab�e at�orneys'fees and disbursemen�s.
<br /> ASSI�NABILITY. Lender may assign or other�ise �ransfer �his Securi�y Instru,:nen� ar any �f Lend�r's riah�s
<br /> under this Security Instrument v►rithout notiee �o Grant�r. Grantor may not assian �his Security �ns�rumen� or any
<br /> part of the Security�nstrument without�he�xpress writt�n c�nsent of L�nder.
<br /> ��]VERNING LA'�V. This Securi�y �nstrument�v�il b� goWerned by th� laws of t_ze Sta�e of Ne�raska �ncIuding
<br /> ail proceed�nbs aris�na from�h�s Secur��y�nstrumen�.
<br /> SEVERABILITY. �f a court of campe�ent jurisdi��ion determznes any term or pro��sion of this Securi�y
<br /> Instrumen� is in�al�d or prohibited by app�i�ab�e Iaw, thati term or pro��si�n w�:ll be ineffe�tive �o the �xten�
<br /> re�uired. Any�er�n or provision �hat has been de�ermined�a be invalid or prohibit�d wil�b� se�ered fram the res�
<br /> of�he Security �ns�ru�nen� w�thou� in�alida��n� the r�rnainder of ei�her the affe��ed pr�vision �r �h�s Security
<br /> Ins�rurnent.
<br /> �zoaa-ao�s eo��€t����sySc���S,���c.G48B-�FAS-?41 S.]?.3.1.i 439
<br /> Commercia�Real Estat�Secu�'ity Instrutnent-DL�0�7 F'a�e�o€'S www,�ampliancesyste��s.cflm
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