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200404566
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Last modified
10/16/2011 3:53:24 PM
Creation date
10/21/2005 1:13:07 AM
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DEEDS
Inst Number
200404566
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200404566 <br />instruments and proposed loans or extensions of credit that relate to this Security Instrument. Lender or <br />Grantor will not arbitrate any Dispute within any "core proceedings" under the United States bankruptcy laws. <br />Lender and Grantor must consent to arbitrate any Dispute concerning the Secured Debt secured by real estate <br />at the time of the proposed arbitration. Lender may foreclose or exercise any powers of sale against real <br />property securing the Secured Debt underlying any Dispute before, during or after any arbitration. Lender may <br />also enforce the Secured Debt secured by this real property and underlying the Dispute before, during or after <br />any arbitration. <br />Lender or Grantor may seek provisional remedies at any time from a court having jurisdiction to preserve the <br />rights of or to prevent irreparable injury to Lender or Grantor. Foreclosing or exercising a power of sale, <br />beginning and continuing a judicial action or pursuing self -help remedies will not constitute a waiver of the right <br />to compel arbitration. <br />The arbitrator will determine whether a Dispute is arbitrable. A single arbitrator will resolve any Dispute, <br />whether individual or joint in nature, or whether based on contract, tort, or any other matter at law or in equity. <br />The arbitrator may consolidate any Dispute with any related disputes, claims or other matters in question not <br />arising out of this Transaction. Any court having jurisdiction may enter a judgment or decree on the arbitrator's <br />award. The judgment or decree will be enforced as any other judgment or decree. <br />Lender and Grantor acknowledge that the agreements, transactions or the relationships which result from the <br />agreements or transactions between and among Lender and Grantor involve interstate commerce. The United <br />States Arbitration Act will govern the interpretation and enforcement of this section. <br />The American Arbitration Association's Commercial Arbitration Rules, in effect on the date of this Security <br />Instrument, will govern the selection of the arbitrator and the arbitration process, unless otherwise agreed to in <br />this Security Instrument or another writing. <br />29. WAIVER OF TRIAL FOR ARBITRATION. Lender and Grantor understand that the parties have the right or <br />opportunity to litigate any Dispute through a trial by judge or jury, but that the parties prefer to resolve Disputes <br />through arbitration instead of litigation. If any Dispute is arbitrated, Lender and Grantor voluntarily and <br />knowingly waive the right to have a trial by jury or judge during the arbitration. <br />NOTICE TO CONSUMER: <br />1. Do not sign this paper before you read it. <br />2. You are entitled to a copy of this paper. <br />3. You may prepay the unpaid balance at any time without penalty and may be entitled to receive a <br />refund of unearned charges in accordance with law. <br />SIGNATURES. By signing, Grantor agrees to the terms and covenants contained in this Security Instrument. <br />Grantor also acknowledges receipt of a copy of this Security Instrument. <br />GRA OR: <br />e ald L Christensen, Sr. <br />Ind' idua <br />erald L Christensen, Jr. <br />I 'vidually <br />n y , <br />Brand) N Christensen <br />Individually <br />Jerald L Christensen, Sr. <br />Nebraska Deed Of Trust Initials <br />IA/ 4XM20448300726200004266020042204Y 01996 Bankers Systems, Inc.,'St. Cloud, MN Exl5gr '" Page 5 <br />
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