201701481 - Laserfiche WebLink

Browse

2� 17� 1481 DEED �F TRUST Laan N�: 1��3�2348 �Continued} Page 9 Amendmen�s. This Deed vf Trust,�oge�her with any Re�ated Dacumenfis, cansfiifiu�es the en�ire understanding and agreement o�the parties as �o the matfiers se��orth in this Deed of Trus�. No altera�ion of or amendmen�ta this aeed of Trust sha�l be effectiWe unless gi�en in wri�ing and signed �y�h� party or parties saught t❑ be charged ar baund hy�he alteration or amendment. Annual Reports. If the Proper�y is used �or purp�ses other �han Trusfior's residence, Trustor shalf furnish t❑ Lender, upon r��uest, a cert��ed statemen� af net opera�ing income recei�ed fram the Property during Trustor's preWivus fiscal year in such fvrm and detail as Lender shaf� require. "Ne� ❑pera�ing income" shall mean all cash re�eip�s from the Property less all �ash expenditures made in cannec�ion with the❑peration o�F fihe Properfiy. Cap�ion Headings. Cap�ion headings in �his Deed of �"rust are for conWenience purposes ❑nly and are no� to be used t❑interpret or define�he pro�isions of this Deed ❑�f Trust. Merger. There shall be n❑ merg�r❑��he in�eres�❑r�sta�e crea�ed by�his Deed of Trust wifih any o�her interest v�- estafie in the Property at any�ime held by �r for the benefifi❑�Lender in any capa�ity, wi�hout the written consen� v�Lender. Governing Law. This Deed af Trust wil� he go►rerned by federal law appEicable to Lender and, to �he exfien# nv� preempfied hy federal iaw.the [aws vf the 5tate of Nehraska w��hou#r�gard tv its con�f�icts o�law pro�isivns. This Deed v�Trust has heen accep#ed by Lender in the State v�Nehraska. Choice of Venue. lf�h�re is a lawsui�, Trustv�- agrees upon Lender's request t❑ submit to the jurisdiction ❑f the courts of Hall County, 5�a�e of Nebraska. No l�Vaiver by Lender. L�nder shall not�e deemed to have wai�ed any rights under this Deed ❑f Trus�unless such waiver is gi�en in writ�ng and signed by Lender. N� defay or omission on fihe par�of Lender in exer�ising any righ� shafi opera�e as a wai�er a�such righ�or any other right. A waiver�y Lender❑�a pro�ision v�this De�d of Trust shalf nat pre�udi�e ❑r �ons�i�u�e a wai�er of Lender's righ� atherwise to demand strict �omplian�e with that proWision �r any ❑�her pro�isivn ❑f this Deed of Trust. No prior wai�er by Lender, nor any caurse of dealing between Lend�r and Trustor, shall constitute a wai�er of any of Lender's rights or o� any vfi Trustvr's vl�ligations as �a any�uture�ransa�tions. 1Nhene�er�he consent of Lende�- is required under this ❑eed of Trust, �he granting ❑�such c�nsent by Lender in any ins�ance shal[ no� canstEtute con�inuing consent to subsequent ins�ances where su�h consent is required and in all cases such consenf may�e gran�ed ar withh�ld in�he sole dis�retion of Lender. S�verahility. I� a cour� ❑fi competent jurisdic�ion finds any proWision ❑�f this ❑eed of T�-ust fio be illegal, in�alid, vr un�nfvrceable as to any c��-cums�ance, that �inding shali not mak� the o��ending pro�ision ilEegal, in�alid, ar unenforceable as to any ❑ther cir�umstance. 1� �easEble, the vf�ending pr�WEsivn shali be considered modified sa tha� i� becames legal, �alid and enfvr�eala�e. l� the o��ending pro�ision cannot be sa mvdified, i� sha[[ be considered delefied trom �his Deed ❑f Trus�. Unless atherwise required by law, the illega�ity, in�altdity, �r unenforceabif Ety of any pro�isEon ❑f�his De�d ❑f Trust shall nat affe�fi�he lega[ity, �alidi�y �r enfarceability o� any v�her p�-flv�sion❑f this Deed v�F Trust. 5uccessors and Assigns. Subject to any limitations s�a�ed in this Deed of Trust on transfer❑f Trustor's interest, �his Deed v�Trust shall be binding up�n and inure �ka the bene�fit af the parties, their su�cess�rs and assigns. ff �wne�rship ❑f the Prvperty becvmes �es�ed in a person o�her than Trusfor, L�nder, without nv�ice ta Trus�vr, may deal with Trus�ar's successors with ref�rence to�his Deed of Trust and the lndebtedness by way o�F�arbearance or ex�ension without releasEng Trus�or from�he a1�li�a�ivns of this ❑eed ��Trust vr lEability under the Endebfiedness. Time is of the Essenc�. Time is of the essence in�he per#ormance❑f this Deed❑�F Trust. Waiver of Homes#ead Exempfion. Trustor hereby releases and wai�es all righ�s and benefits vf �he homestead exemption laws o�the 5ta�e ofi Nehraska as tv all indebtedness secured by�his aeed ❑f Trust. DEF1N1T10NS. The�ollowing capitalized words and �erms shall ha�e the following meanings when used in �his Deed o# Trust, llnless spec��ically s�a�ed �v the contrary, all re�erences �a dollar amounts shall mean amounts in lawful money of the Uni�ed States of America. Vllords and t�rms used in the singular shail in�lude th� pluraf, and the plural shall include the s�ngular, as the �ontex� may require. Wards and �erms no� atherwise de�ined in this Deed o� Trust shall ha�e�he meanings atfiributed to such terms in the Uni��rm Commercial Code: Bene�iciary. The vvord "Beneficiary" means Fi�e Points Bank, and i�s suc�essors and assigns. Barrower. The word "Bar�awer" means RlVER51�E ESTATES DVIINERS A55�CfATI�N and incfudes all cv�signers and co-mal�ers signing the Note and all�heir successors and assigns. Deed of Trusf. The wvrds "�eed ❑� Trust" mean this ❑eed vf Trusfi among Trust�r, Lender, and Trustee, and includes without limi�at�on al� assignmen� and security in�erest pro�isFons reiating tv the Personal Property and Ren�s. De�au�t. The ward "�efauit" means the Default set forth in this Deed ❑f Trus�in the section titled "Defiaul�". Env�ronmen�ta! Laws. The words "En�ironmental Laws" mean any and all state, federal and 1ocaE statutes, regula�ians and ordinances relating ta �he prv�ectivn o� human health or the en�ironment, incfuding wi�haut fimi�atian �he �vmprehensiWe En�ironmentaE Response, Campensa�ion, and LEabi�ity Act vf �980, as amended, 42 U.S.C. 5ection 9C��, et seq. {"CERCLA"�, the Super�und Amendmenfis and Reauthvriza�ion Act o� �986, Pub. L. No. 99-499 {"SARA"},the Hazard�us Materials Transpor�a�ivn Ac�, 49 U.5.C. 5ection �80'�, e�t seq.,the Resaurce