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200005275 <br />Trust, after Trustor's failure to perform, shall not affect Lender's right to declare a <br />default and exercise its remedies. <br />Request for Notice. Trustor, on behalf of Trustor and Lender, hereby requests that a <br />copy of any Notice of Default and a copy of any Notice of Sale under this Deed of <br />Trust be mailed to them at the addresses set forth in the first paragraph of this Deed <br />of Trust. <br />Attorneys' Fees; Expenses. If Lender institutes any suit or action to enforce any of the <br />terms of this Deed of Trust, Lender shall be entitled to recover such sum as the court <br />may adjudge reasonable as attorneys' fees at trial and upon any appeal. Whether or <br />not any court action is involved and to the extent not prohibited by law, all reasonable <br />expenses Lender incurs that in Lender's opinion are necessary at any time for the <br />protection of its interest or the enforcement of its rights shall become a part of the <br />indebtedness payable on demand and shall bear interest at the Note rate from the date <br />of the expenditure until repaid. Expenses covered by this paragraph include, without <br />limitation, however, subject to any limits under applicable law, Lender's attorneys' <br />fees, and Lender's legal expenses, whether or not there is a lawsuit, including <br />attorneys' fees and expenses for bankruptcy proceedings (including efforts to modify <br />or vacate any automatic stay or injunction), appeals, and any anticipated post - judgment <br />collection services, the cost of searching records, obtaining title reports (including <br />foreclosure reports), surveyors' reports and appraisal fees, title insurance, and fees for <br />the Trustee, to the extent permitted by applicable law. Trustor also will pay any court <br />costs, in addition to all other sums provided by law. A waiver by any party of a breach <br />of a provision of this Deed of Trust shall not constitute a waiver of or prejudice the <br />party's rights otherwise to demand strict compliance with that provision of any other <br />provision. <br />Rights of Trustee. Trustee shall have all of the rights and duties of Lender as set forth <br />in this section. <br />POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions relating to the powers and <br />obligations of Trustee are part of this Deed of Trust: <br />Powers of Trustee. In addition to all powers of Trustee arising as a mater of law, <br />Trustee shall have the power to take the following actions with respect to the Property <br />upon the written request of Lender and Trustor: (a) join in preparing and filing a map <br />or plat of the Real Property, including the dedication of streets or other rights to the <br />public; (b) join in granting any easement or creating any restrictions on the Real <br />Property; and (c) join in any subordination or other agreement affecting this Deed of <br />Trust or the interest of Lender under this Deed of Trust. <br />Trustee. Trustee shall meet all qualifications required for Trustee under applicable law. <br />In addition to the rights and remedies set forth above, with respect to all or any part <br />of the Property, the Trustee shall have the right to foreclose by notice and sale, and <br />Lender shall have the right to foreclose by judicial foreclosure, in either case in <br />accordance with and to the full extent provided by applicable law. <br />Successor Trustee. Lender, at Lender's option, may from time to time appoint a <br />successor Trustee to any Trustee appointed under this Deed of Trust by an instrument <br />executed and acknowledged by Lender and recorded in the Office of the Recorder of <br />Hall County, State of Nebraska. The instrument shall contain, in addition to all other <br />matters required by state law, the names of the original Lender, Trustee, and Trustor, <br />the book and page (or computer system reference) where this Deed of Trust is <br />recorded, and the name and address of successor trustee, and the instrument shall be <br />executed and acknowledged by all the beneficiaries under this Deed of Trust or their <br />successors in interest. The successor trustee, without conveyance of the Property, <br />shall succeed to all the title, power, and duties conferred upon the Trustee in this Deed <br />of Trust and by applicable law. This procedure for substitution of Trustee shall govern <br />to the exclusion of all other provisions for substitution. <br />NOTICES. Any notice required to be given under this Deed of Trust, including without limitation any <br />notice of default and any notice of sale shall be given in writing, and shall be effective, when actually <br />10 <br />