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<br /> ��-15-1999 DEED OF TRUST �Zf �. �����i► Page s
<br /> Loan No 1042340 (CoMinued)
<br /> instrument executed and acknowledged by Lender and recorded in the oiflce of the recorder of HALL County,Nebraska. The inshument shall
<br /> contain, in addition to all other matters required by state law, the nemes 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 dutles conferred upon the Trustee in this Deed of Trust and by applicable
<br /> Iaw. This procedure for substitution of trustee shall govem to the exclusion of all other provisions for substitutlon.
<br /> NOTICES TO TRUSTOR AND OTHER PARTIES. Any noiicce under this Deed of Trust shall be in writinq, mey be sent by telefacsimile (unless
<br /> otherwise required by law), and shall be effective when actualty delivered, or when deposited with a natloneily recognized overniyht courier, or,if
<br /> mailad,shall be deemed effective when deposited in the United States mafl first class,c�tlNed 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 notic�s under this Deed of Trust by giving formal
<br /> written notice to the other partles,specifying that the purpose of the notice is to change the party's address. All copies of notices of foreclosure irom
<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 wfth any Related Documenls,constitutes the entire understanding and agreement of the parties as
<br /> to the matters set fo�th in this Deed of Trust. No aHeraHon of or amendment to this Deed of Trust shall be effective unless given in wriHng and
<br /> signed by the party or parties sought to be charged or bound by the alteration or amendment.
<br /> Applicable Law. This Deed of Trust has been delivered to Lender a�d accepted by Lender in the State ot Nebraska. This Deed of Trust
<br /> shall be�ovemed by and construed in accordance with the laws of the StaM of Nsbralc�.
<br /> Capifon Fkadinps. CepUon 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 unenforc�able as to any other persons or circumstances. If feasibie,any
<br /> such offending provision shall be dsemed 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 sMcken and all other provisions of this Deed of Trust in all other respects shell remain valid and enforceable.
<br /> Successors and Asalyns. 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 pafies,their s�sors 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 kom 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 Dsed of Trust.
<br /> Waivers and Consenis. Lender shall not be deemed to have waived any righis 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 consfitute a waiver of or prejudice the
<br /> paiiy'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 granfing 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 releasTes and waives all rights and benefits of the homestead exemption laws of the State of
<br /> . ._.Alei.+w4a e kn nll ln(� t �L�c enr.��r ,d L.�•Ihlc C1.�pC1.Of.LIj(S�t.___ _ . _ . - - . .
<br /> EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL T1f PROVISION$OF THIS DEED OF TRUST,AND EACH TRUSTOR AGREES TO ITS
<br /> TERMS.
<br /> TRUSTOR:
<br /> r ..Q
<br /> X J Q', �
<br /> MI M � DEBRA L FLODMAN
<br /> INDIVIDUAL ACKNOWLEDGMENT
<br /> STATE OF
<br /> �-��/ � I�
<br /> COUNTY OF �--.�" XG''"� �-- 1
<br /> �—
<br /> On this day before me,the undersigned Notary Public,personally appeared MICHAEL R FLODMAN and DEBRA L FLODMAN,to me known to be
<br /> the individuals described in and who executed the Deed of Tr t nd acknowledged that t ey signed t eed of Trust as their free and voluntary
<br /> act and deed,for the and purposes therein mentio�d%� y��_/
<br /> Given under my d officitU aeal this � day -` �/ ,1
<br /> ��,'�/ cFrYF . By '`�`-\��1 � �-��
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