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2� 17� 1553
<br /> DEEC] �F T'F�LJ�T
<br /> Loan 9Vo: '1��3U3�3t] ��t��1�ir�L��d} Page �
<br /> i�OT�CES. Any natice required ta b� giv�n und�r this Deed af T�-us�, includi�n� wi�hout limi�ativn any na�ice o� de�ault
<br /> and any no�ic� ❑� sa(e shall be ���en in writing, and shall k�e effecti�e vvhen �ctualCy de���ered, w�en actually rec�i�ed
<br /> by te�efacsimile {unless o�herwi�e required by law�, when d�pasi�ed wi�h a na�iona[[y r��ognized o�ernight c�urier, or, if
<br /> mai�ed, when deposited in the United States mail, as first class, �er�ifi�d or regis�ered mai� pos�age preRaid, direc�ed �o
<br /> �he addresses shown near the beginning o��his I�eed o� Trus�. A�I copies a� na�ices af �arec�asure �rom �he �vlder af
<br /> any lien which has priority o�er this D�ed �� Trus� sha11 b� sen� #a Lender`s addressr as shown near the beginning ❑f
<br /> this Deed of Trus�. Any party may change i�s address far na�ices und�r this Deed fl� Trus� by gi�ing forma� wri��en
<br /> no�ice t❑ �he ❑�her parties, specifying �ha� �he �urpose nf �he notice is �v change �he party's address. Far na�ice
<br /> purposes, Trustor agrees ta lceep Lender informed at all �imes ❑fi T�us�or's current address. Unless ather`nrise provided
<br /> ar required by (aw, if there is m�r� �han �ne Trustor� any natic� gi�en hy Lender t❑ any Trus�flr is deemed�o �e notice
<br /> gi�en to ali Trus�ars,
<br /> M15CELLAIVE�US PRDV�5101VS. The�o�lowing miscelNan�ous provisi�ns are a part of�his Deed afi Trus�.
<br /> Amendm�n�s. This Deed a�Tru�t, �ogether wi�h any Related Dacumen�s, �onstitutes the en�ire und�rstanding and
<br /> agreement af the par�ies as t❑ the matters se� fiorth in this Deed ❑f Trust. Nv altera�ion af or am�ndmen� t❑ this
<br /> D�ed vf Trus�shall be eff�ct��e unless g��en in writing and signed b�r the par�y or par�ie� saught�❑ b� charged or
<br /> baund iay the alterati�n vr amendmen�.
<br /> Annuai Reports. I� �h� Property is used f�r purposes o�her than Trustvr's res�den�e, Trus��r sha�� �urnish �❑
<br /> Lender, upan r�c�uest, a cer�ified statemen� af net vperat�ng incame re��iv�ed frvm the Proper�y during Trustor's
<br /> previous �iscal year in such �arm and detail as Lender shall requir�. "tVe� aperating inGome" shali mean a�� cash
<br /> receipts fram the Property less all cash expendi�ures made in Gc�nnectian uv��h�he aperativn o�Ch� Property,
<br /> Caption Headings. C�ption headings in this Deed ❑f Trus� are �or con�enience purposes �nly and a�e no� �o be
<br /> used t❑ �n��rpr��❑r de#ine�he prouisions vfi�his ❑eed of T�ust,
<br /> Merger. There shall be no merge� of the interest ❑r estate Greated by this Deed ❑f Trus�vvith any ❑�her inter��t�r
<br /> es�ate in�he Property at any �ime he(d by ❑r for the benef��flf Lender in any capac��y, w�thau�the wri��en consen�
<br /> ❑� Lend�r.
<br /> Cvverning Lavu. This Deed of Trust wi11 be go�erned by federal faw app�i�ab[e tv Lender and, to �he ex�enf nvt
<br /> preempted by federal law,#he laws v�the 5tate af IVebraska w�thau�rsgard to its cvnflicts v�law provisivns. This
<br /> ❑eed❑f Trust has been accepted by Lender in the S�a�e of Nebraska.
<br /> Chvice of Venue. lf there is a lavusui�, Trustar agrees upQr� Lender's r�ques� �a �ubmit fo the ju�isdi�tivn af the
<br /> cQurts ❑fir HALL County, 5�a�e af Neb�aska,
<br /> Joint and Several Liability. AI1 ❑bliga�ivns of Borrower and Trust�r under this D�ed of Trust shall be join� and
<br /> se�eral, and all references ta Trustor shall mean each and every Trus�or, and all reference�ta Borrvuver sha�( mean
<br /> �ach and ��ery Bvrrow�r. This means tha�each Trustor s�gning below is respansible �or afC obligations in th�s aeed
<br /> af Trust.
<br /> Na �1�1'aiver hy Lender. Lender shall n�t he d�emed to ha�e waiWed any rights under th�s aeed n�Trus� un[ess such
<br /> wai�er i� gi�en in writing and s�gned by Lender. No �e�ay ar amissian on the par� ��Lender in exer�ising any righ�
<br /> shali aperate as a wai�er o�such right Qr �ny o�her righ�. A v�rai�er by Lender❑f a provis�an af this ❑eed o�Trust
<br /> shall no� pre�udi�e vr cons�itute a wai��� of Lender's right vthervvise t� demand stric� complianc� with that
<br /> provision ar any afiher pro�isi�n afi �his ❑eed o� Trust. No prinr wai�er by Lender-, nor any cvurse ofi deafin�
<br /> between Lender and Trus�or, sha�l cvns�i�ut� a waiver ❑� any of Lend�r's righ�s v� o� a�y a�F Trust�r`s obli�ativns
<br /> as ta any future transaa�ians. Whene�er �he cansent v� L�nder is requfred under�his De�d of T�us�, �he gran�ing
<br /> af such consent by Lender in any ins�ance shall not constitute ct�r��inuing cons�n� t� subsequent ins�ances where
<br /> such consent is required and in a�i cases such consent may be granted ❑r vvithheld in the sole discretion af Lender.
<br /> Serrerability. I� a �aurt a� campetent jurisdi�t�on �inds any pro�ision ❑f this De�d o�T�us��o be illegal, inval�d, ar
<br /> unenforceable as �a any persan or circumsta�nce, �ha� finding shall no� make the ❑f�ending pro�ision illega�, in�alid,
<br /> or unen�ar�eable as to any ather persan ar cir�umstar�ce. �� fieasible, �he ❑f�ending provisio� shall b� cansid�red
<br /> modi�ied so th�� it becomes fega�, �alid and en�orceable. If the nffending proWision cann�� be sv madified, i� shail
<br /> be c�nsidered del�ted from this Deed a� Trust. �n�ess o�herwise r�quired by [�uv, �he i��egality, rn�alidity, ❑r
<br /> unenfiorceabili�y o� any pro�isian �fi�his Deed o�Trus� shai� not affect �th� legali�y, �alidity �r enforceab��ity of any
<br /> vther pra�isivn o��his Deed a�Trus�.
<br /> Su�cessors and Assigns. Subje�t ta any Iimitatians s�ated in �his ❑eed ❑f Trus� on �ransf�r ❑� Trustor's interes�,
<br /> �his Deed o� Trust shall �e bind'tng upon and inure to �he benefit vf �he par�ies, �hei� successors and assigns. ��
<br /> ownership o� the Praperty �ecomes �ested in a persan o�her than Trus�or, Len��r, wi�rhou� n�tice �o Trus�ar, may
<br /> deal wi�th Trustar's suGcesso�s with re�erence to this aeed �f Trust and�he (nd+eb�ednes� by�rvay o��vrbear�ance ar
<br /> ex�ension vvithout re(easing Trus�or�ram�he obiigations of this Qeed of Trus�o�liabi(ifiy under�he Ind�bt�dness..
<br /> Time is of�he Essence. Time is a��he essence in�he perfiorman�e a�this Deed af Trus�.
<br /> V�1ai�er of Homestead Exemptian. Trustor hereby r�leases and �nraiWes a!I rights and benefits t�f tne homestead
<br /> exemptian I�ws afi�he S�ate of Nebraska as to all �ndebtedness secured by�hi� D�ed vf Trus�,
<br /> DEF[N�TIDIVS. Th� fioilovving capi�aiized �rvards and terms shall ha�e th� fial[arrving meanings �nrhen used in this Deed of
<br /> Trus�. Unless specifica�Iy s�at�d to the can�rary, all re�erences to dollar amaun�s shall mean amoun�s in lawfu[ money
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