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2� 17�2353
<br /> DEED �F TRUST
<br /> Loan Nv; 'I U'i 3D4�3'I �C�nt�nued� Rage 9
<br /> computer system reference} where this D�ed ❑f Trus� is recorded, and �he name and address ❑� the successflr
<br /> firus�ee, and�he instrument shall be execu�ed and acknowledged �y all the bene�iciaries unde�this �eed ❑f Trust ar
<br /> their successors in interes�. The successor trustee, wi�hout con�eyance ❑f the Property, shall succeed t❑ all the
<br /> title, pawer, and duties conferred upon�he Trus�ee in this Deed of Trus�and by applicable law. Th�s procedure fflr
<br /> su�stitution o�Trus�ee shall go�ern t❑�he exc�usion of all ofher prvvisivns for subs�itut�on.
<br /> NOT��ES. Any nv�ice required to be gi�en under this Deed of Trust, in�luding vuithout fimi�a�ion any no�ice ❑f de�ault
<br /> and any no�ice of sale sha�l be gi�en in writing, and sha1� he eftecti�e when actually de�i�ered, when actually received
<br /> by telefacsimile {unless o�herwise required by 1aw}, when deposited wi�h a nationally recognized o�ernight�vurier, ❑I"r E�
<br /> mailed, when depvsited �n �he Un�ted States mailr a5 fll'S� C�a55r �ertified o� regis�ered mail posfiage prepaid, directed �❑
<br /> �he addresses shown near the beginning of�his Deed of Trust, A�I �apies af nvtices of �areclosu�e from the ho�der o�
<br /> any l�en which has priority v�er this Deed of Trust sha�� be sent t❑ Lende�'s address, as shown near the b�ginning ❑f
<br /> this ❑eed o� Trust. Any par�y may change its address for notices under �his Deed of Trust by gi�;ng formai wri��en
<br /> natice �❑ th� o�her par�ies, specifying that �h� purpase of �he natice is to change the party's address. Far nvfiice
<br /> purposes, Trustor agre�s �o keep Lender infvrmed a� all times af Trustor's current address. Unless vtherwise pro�ided
<br /> or requi�ed by law, i�there is more than �ne Trus�or, any nvtice giWen by Lender t❑ any Trustvr is deemed t❑ be no�ice
<br /> gi�en�o af!Trus�ors.
<br /> MISCELLANEDUS PR�V15»NS. The follawing miscellaneous pra�isions are a par�❑f this Deed of Trust;
<br /> Amendments. This Deed o�F Trust, toge�her with any Re(ated DoGumen�s, cons�ifiutes the en�ire understanding and
<br /> agreement ❑f the par�ies as tv �he mat�ers set �ar�h in this ❑eed of Trust, Nv ai�eration vf ar amendment tv �his
<br /> Deed ❑fi Trust sha!! be efifec�i�e unless gi�en in writing and signed by the par�y or parties sought t❑ b� char�ed or
<br /> bvund by the alteration or amendmen�.
<br /> Annuat Reports. If �he Praperty is used fvr purposes other than Trustor's residence, Trusto� shall furnish to
<br /> Lende�, upon request, a �ertified sta�ement ❑� net opera�ing income recei�ed from the Proper�y during Trustor's
<br /> pre�iaus fiscal year in such form and de�aii as Lender shall require. "Net aperat�ng income" shall mean all cash
<br /> receip�s from the Proper�y less all cash expendi�ures made in cannection wi�h the operation af�he Property.
<br /> Cap�ion Head�ngs. Caption headings in �his ❑eed ❑f Trust are for con�enience purposes ❑nly and are not t❑ be
<br /> used to interpret ar defiine�he prov�sions of this ❑eed of Trust,
<br /> Merger. There shall be no merg�r of�he interest or esfiate crea�ed by this Deed of Trus�wi�h any other interes�or
<br /> esta�e in the Pr�per�y a� any time held by or�ar the benefit ❑fi L�nde� in any capaci�y, w�thou�the written consent
<br /> o�Lender.
<br /> Gv�erning Law. This Deed of Trust wil� be governed by �edera� law applicable �❑ Lender and, to �he extent nvt
<br /> preempted �y f�deral law,the laws vf�he 5tate o#Nebraska wEthout regard to i#s canflic�s o�iaw provisivns. This
<br /> Deed of Trus�has heen accep�ed by Lender in the State o�F Nebraska.
<br /> Chvice of Vsnue. �f fihere is a [awsui�, Trusto� agrees upan Lender's reques�t t❑ submit ta the jurisdictivn of the
<br /> courts of Hall Caunty, 5tate ofi Nebraska.
<br /> Jvint and 5everal LiabiEEty. All ❑bligatians of Bvrrovuer and Trustvr under this Deed af Trust sha�i be joint and
<br /> se�eral, and all references ta Trustor shall mean ea�h and e��ry Trus�vr, and a�l re�erences�v Borrovuer shal� mean
<br /> each and e�ery Borrower. This means tha�each Trustvr s�gning below is respansible for al� abligations En th�s ❑eed
<br /> of Trust. Vllhere any ane or more af fihe par�ies is a corpara�ivn, par�nership, l�mited liability company vr simisar
<br /> en�i�y, it is nvt necessary for Lender tv �nquire in�o�he powers o�any of fihe officers, directvrs, partne�s, members,
<br /> ❑r other agents acting ar purporting �v act on �he entifiy's behalf, and any ❑bligations made ❑r Grea�ed in re�iance
<br /> upvn the professed exercise of such powers shall be guaranteed unde�this ❑eed of Trust.
<br /> No VIlai�er by Lender. Lender shall no� be deemed t❑ have wai�ed any �;ghts under�his Deed of Trust unless such
<br /> wai�er is gi�en in writfng and signed I�y Lender, No d�lay or omissivn an�he part vf Lender in exercising any righ�
<br /> shall opera�e as a wai�er of such right or any othe� right. A wai�er by Lender af a pro�ision o�this Deed o�Trust
<br /> shall not pre�udice or constitute a wai�er a� Lender's r�ght o�herw�se tv demand strict compliance wi�h that
<br /> prv�isivn or any ❑ther proWisivn o� fihis Deed a� Trus�. No prior waiver by Lender, nor any course of dsaling
<br /> �etween Lender and Trus�ar, shal� �onstttute a wai�er of any ❑� Lender's rights vr of any ❑f Trus�or's vbliga�ions
<br /> as to any future firansa��ivns. Vllhene�er the consent af Lender is required under this Deed of Trust, �he granting
<br /> of such cvnsen� by Lender �n any instance shall no� constitute c�n�inuing consent �❑ subsequent instances where
<br /> such cvnsent is required and in all cases such cvnsent may be gran�ed ar withheld in�he svie discretion o�Lender.
<br /> 5everability. I� a �ourt of campeten�jurisdic�ion finds any pro�ision ��this �eed of Trust to be illegal, in�alid, or
<br /> unenfo�ceable as #❑ any circums�ance, that finding shall nvt make the vf�ending pro��sion illegal, �n�alid, or
<br /> unen�orceable as to any ❑ther circumstan�e. I� fieasible, �he ❑�Ff�nding pra�isivn shall be cons�der�d madified so
<br /> �hat it becomes legal, valid and enforceable. �f the offending pro�ision cannvt be so modF�fed, it shall be
<br /> cansidered deleted firom this Deed o� Trus�. Unless v�he�wise required by law, the illegality, in�alidifiy, or
<br /> unenforceability afi any pr���sian of this Deed of Trust shall no� affect�he iegali�y, �alidi�y o�- enforceabifity of any
<br /> ❑ther pravisian af this Deed of Trust.
<br /> 5uccessors and Assigns. Sub��c�to any limifiations stated in this De�d of Trus� vn transfer o�Trustar's interest,
<br /> this Deed o�Trust shall be hinding upan and inure to the benefit ❑fi the parties, fih��r su��essflrs and assigns. I�
<br /> awnership of th� Property be�omes �es�ed in a persvn ofher�han Trustar, Lender, without nofiice to Trustor, may
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