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$90"- 103719 <br />thereof, the rental payable thereunder, or to change any renewal provisions therein contained; (d) waive any default <br />thereunder or breech th~, (e) give any consent. waiver or approval thereunder or take any other action in connection <br />therewith, or with a lessee thereunder. which would hove the effect of impairing the value of lessors interest thereunder or <br />the property subject thereto. or of Impairing the position or interest of the Trustee or Beneficiary; or (f) sell. assign, pledge. <br />F mortgage or otherwise dispose of, or encumber it* interest in any Bald lease or any rantti*, issues or profits issueing or rising <br />thereunder. <br />DUTIES OF THE TRUSTEE: Truster agrees that (a) the duties and obligations of Trust" "I be deterrtt no solely by <br />the express provisions of this Deed of Trust and the Trustee *hail not be liable except for the performance of such duties <br />and obligations as are specifically sat forth her". and no hnjAed covenants or obligations shall be Imposed upon the <br />Trustee; (b) no proof this Deed of Trust shall require Trustee to expend or risk its own funds, or otherwise incur finanoW <br />obligation in the performance of any of its duties hereunder, or in file exercise of any of he rights or powers, If It shall have <br />grounds for believing that the repayment of such funds or adequate Indemnityagainstsuch risk or liability is not reasonably <br />assured to it (c) Trustee may consult with counsel of its own choosing and the advice of such counsel shall be full and <br />complete authorization and protection in the respect of any action taken or suff load by it hereunder in good faith and in <br />reNenee thereon; (d) Truslste shall ro be liable for any action taken by it In good faith and reasonably believed by it to be <br />auhorized or within the descretion or rights of powers conferred upon it, by this Deed of Trust. <br />TRUSTEE'S .FEES: Trustor expressly covenants and agrees to pay and discharge sail cost; fees and expenses of this <br />Deed of Trust, u., iudingintheeventofsalebyt heTrusteeofsuchproperty. theTrvsWe'scosts,expensesand*a% which <br />Jim shall not exceed $500.00 plus W of 1% of the ar ount secured hereby and remaining unpadd,. <br />SUBSTITUTION OF TRUSTEE: That Bensficiarymay. from timeto time. by instrument in writing. substitute a successor or <br />successors to any Trustee named herein or acting hereunder, which instrument,. executed and acknowledged by <br />Beneficiary and recorded in the office of the register of deeds of the county or counties whore such property is situated. <br />shall be conclusive proof of properwAntitution of such Trustee or Trustees who shalt Without conveyance from the Trustee <br />predecessor, succeed to all its title, estate rights, power and duties. <br />NO WAIVER BY BENEFICIARY. No waiver by Trustee or Senefrciary of any right,under this Deed of -Trust shall be <br />effective unless n writing. Waiver by Tiuvee or Beneficiary of any right granted to Trus*eor Beneficiary underthis Deed of <br />Trus* or of any provision of this DsedaolTrustas toany!ransaction or occurrences stall notbedeemeda waiverasto any <br />fulu,re transaction or occurences. By accepting payment of any sum secured hereby after its due date, or by making any <br />payment or performing any act on behaH of Trustor that Trustor was obligated hereunder, but failed to make or perform or <br />t— <br />by adding any payment so made by Trustee or Beneficiary to the indebtedness secured hereby. Beneficiary does not waive <br />its fight to require prompt payment wNM. due of all other sums so secured or to require prompt performance of all other acts <br />required hereunder. or to declare hemunder, or to declare a default for failure so: to pay. <br />WAIVER OF STATUTE 6F LIMITATIONS: Time is of the essence in all Trustoesobligations hereunder, and to the extent <br />permitted by law. Truster waives ail present or future statutes of limitations with respect to any debt, demand or obligation <br />secured hereby in any action or proceeding fordo purpose of enforcing this Trust or any right or men iea heatreunder. <br />INSPECTION AND BUSINESS RECORDS: Beneficiary at any time during the continuation of this Trust may enter arid' <br />Inspect such property at any reasonable time. TNstor agrees that, when requested by Beneficiary, Truster will promptly <br />deliver to Beneficiary such certified fiamcial statements and profit and loss statements of such types and atewh intervals <br />as maybe required by Beneficiary which will be in form and content prepared apcarding to the usual and acceptable <br />accounting principles and practices; . sirhich statements shall cover tft+.> ial dppa ---- arit�laiing to Trustor or such <br />property and Trustor further agrees when requested by Beneficiary to��wtwilib �itirig such further additional <br />information as required by Beneficial 'Telating to any such financial x <br />REMEDIES.14o remedy herein pro Ailed shall be exclusive of any other remedy herein or now w hereaflivexisting by <br />law. but shall ire cumulative. Every po weror remedy hereby given to Trustee of to Beneficiary or to which either of them may <br />be b1herwise entitled, may be exercised from time to time and as often as maybe deemed expedient by them. and either of :. <br />them may pursue inconsistent remedies. If Beneficiary holds any additional security for any obligation secured hereby, it <br />may enforce the sale thereof at its option, either before. contemporaneously with. or after the sale is made hereunder and <br />on any default of Trustor. Beneficcaary may, at its option, offset against any indebtedness secured hereby. and the <br />Beneficiary is hereby authorized arks empowered at its option. without any obligation so to do, and without affecting the <br />obligations hereof, to apply toward the payment of any indebtedness of Wo Trustor to the Beneficiary. any and aN sums of <br />money of Truster which may have in its possession or under its control,'Ihcluding without limiting the generality of the <br />foregoing any savings account deposit, investment certificate, escrow ortrust funds, <br />LAW APPLICABLE: That this Deem of Trust shall be construed according to the laws of the state of Nebraska <br />ILLEGALITY: In the event that any provision or clause of this Deed of Trust conflicts with applicable law, such conflict <br />shall not afW other provisions of this Deed of Trust which can be given effect withoulthe conflicting provision, and to this <br />end the provisions of this Deed of Trust are declared to be severable. <br />GENERAL PROVISIONS: (a) This Deed of Trustappliesto, inurestothe benefitof.and binds all parties hereto,their heirs. . - <br />legalees, devisees, administrators, executors, successors and assigns. (b) the term "Beneficiary" shall mean the owner <br />and holder (including a pledgee) of any note secured hereby, whether or not named as Beneficiary herein. (c) Wherever <br />the context so requires, the masculine gender includes the feminine and neuter, the singular number includes the plural, <br />and vice versa. (d) Captions and paragraph headings used herein are for convenience only. are not a part of this <br />agreement, and shall not be used in construing it If more than one parson is named herein as Trustor. each obligation of <br />Trustor shall be the joint and several obligation of each such person. The rights or remedies granted hereunder, or by law, <br />Lshall not be exclusive, but shall be concurrent and cumulative. <br />TRUSTEE ACCEPTS this Trust when this Deed, duly executed and acknowledged, is made a public record as provk2ed <br />by law. Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or any action or <br />proceeding in which Trustor. Beneficiary or Trustee shall be a party. unless brought by Trustee. <br />r <br />F <br />!.!ailing addyess for notices to Trustor 'y <br />