08 -31 -2000 DEED OF TRUST .200007260 Page 6
<br />Loan No (Continued)
<br />contain, in addition to all other matters required by state law, the names of the original Lender, Trustee, and Trustor, the book and page (or
<br />computer system reference) where this Deed of Trust is recorded, and the name and address of the successor trustee, and the instrument shall
<br />be executed and acknowledged by all the beneficiaries under the Deed of Trust or their successors in interest. The successor trustee, without
<br />conveyance of the Property, shall succeed to all the title, power, and duties conferred upon the Trustee in this Deed of Trust and by applicable
<br />law. This procedure for substitution of trustee shall govern to the exclusion of all other provisions for substitution.
<br />NOTICES TO TRUSTOR AND OTHER PARTIES. Any notice under this Deed of Trust shall be in writing, may be sent by telefacsimile (unless
<br />otherwise required by law), and shall be effective when actually delivered, or when deposited with a nationally recognized overnight courier, or, if
<br />mailed, shall be deemed effective when deposited in the United States mail first class, certified or registered mail, postage prepaid, directed to the
<br />addresses shown near the beginning of this Deed of Trust. Any party may change its address for notices under this Deed of Trust by giving formal
<br />written notice to the other parties, specifying that the purpose of the notice is to change the party's address. All copies of notices of foreclosure from
<br />the holder of any lien which has priority over this Deed of Trust shall be sent to Lender's address, as shown near the beginning of this Deed of Trust.
<br />For notice purposes, Trustor agrees to keep Lender and Trustee informed at all times of Trustor's current address.
<br />MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of this Deed of Trust:
<br />Amendments. This Deed of Trust, together with any Related Documents, constitutes the entire understanding and agreement of the parties as
<br />to the matters set forth in this Deed of Trust. No alteration of or amendment to this Deed of Trust shall be effective unless given in writing and
<br />signed by the parry or parties sought to be charged or bound by the alteration or amendment.
<br />Annual Reports. If the Property is used for purposes other than Trustor's residence, Trustor shall furnish to Lender, upon request, a certified
<br />statement of net operating income received from the Property during Trustor's previous fiscal year in such form and detail as Lender shall
<br />require. "Net operating income" shall mean all cash receipts from the Property less all cash expenditures made in connection with the operation
<br />of the Property.
<br />Applicable Law. This Deed of Trust has been delivered to Lender and accepted by Lender in the State of Nebraska. This Deed of Trust
<br />shall be governed by and construed in accordance with the laws of the State of Nebraska.
<br />Caption Headings. Caption headings in this Deed of Trust are for convenience purposes only and are not to be used to interpret or define the
<br />provisions of this Deed of Trust.
<br />Merger. There shall be no merger of the interest or estate created by this Deed of Trust with any other interest or estate in the Property at any
<br />time held by or for the benefit of Lender in any capacity, without the written consent of Lender.
<br />Multiple Parties. All obligations of Trustor under this Deed of Trust shall be joint and several, and all references to Trustor shall mean each and
<br />every Trustor. This means that each of the persons signing below is responsible for all obligations in this Deed of Trust.
<br />Severability. If a court of competent jurisdiction finds any provision of this Deed of Trust to be invalid or unenforceable as to any person or
<br />circumstance, such finding shall not render that provision invalid or unenforceable as to any other persons or circumstances. If feasible, any
<br />such offending provision shall be deemed to be modified to be within the limits of enforceability or validity; however, if the offending provision
<br />cannot be so modified, it shall be stricken and all other provisions of this Deed of Trust in all other respects shall remain valid and enforceable.
<br />Successors and Assigns. Subject to the limitations stated in this Deed of Trust on transfer of Trustor's interest, this Deed of Trust shall be
<br />binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property becomes vested in a person
<br />other than Trustor, Lender, without notice to Trustor, may deal with Trustor's successors with reference to this Deed of Trust and the
<br />Indebtedness by way of forbearance or extension without releasing Trustor from the obligations of this Deed of Trust or liability under the
<br />Indebtedness.
<br />Time Is of the Essence. Time is of the essence in the performance of this Deed of Trust.
<br />Waivers and Consents. Lender shall not be deemed to have waived any rights under this Deed of Trust (or under the Related Documents)
<br />unless such waiver is in writing and signed by Lender. No delay or omission on the part of Lender in exercising any right shall operate as a
<br />waiver of such right or any other right. A waiver by any party of a provision of this Deed of Trust shall not constitute a waiver of or prejudice the
<br />party's right otherwise to demand strict compliance with that provision or any other provision. No prior waiver by Lender, nor any course of
<br />dealing between Lender and Trustor, shall constitute a waiver of any of Lender's rights or any of Trustor's obligations as to any future
<br />transactions. Whenever consent by Lender is required in this Deed of Trust, the granting of such consent by Lender in any instance shall not
<br />constitute continuing consent to subsequent instances where such consent is required.
<br />Waiver of Homestead Exemption. Trustor hereby releases and waives all rights and benefits of the homestead exemption laws of the State of
<br />Nebraska as to all Indebtedness secured by this Deed of Trust.
<br />EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO ITS
<br />TERMS.
<br />TRUSTOR:
<br />X a , X
<br />Raymond J. O'Connor Je ifer S. Vonnor
<br />INDIVIDUAL ACKNOWLEDGMENT
<br />STATE OF fV elf" X n
<br />Q SS
<br />COUNTY OF A � M° _ )
<br />On this day before me, the undersigned Notary Public, personally appeared Raymond J. O'Connor and Jennifer S. O'Connor, to me known to be
<br />the individuals described in and who executed the Deed of Trust, and acknowledged that they signed the Deed of Trust as their free and voluntary
<br />act and deed, for the uses and purposes therein mentioned.
<br />Given under my hand and official seal this 31 d y of !�""^ , 20 c1a
<br />By—
<br />GOOK NOM -State of NeWske No 4
<br />Notary Public in and for the Sta of Nc
<br />II01AMID N. BIELENBERG
<br />Comn1. Eli. Dec. 18, 2003 Residing at 3Y�'7 /o 44 - k042L,vs , No�
<br />My commission expires
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