99112250 - Laserfiche WebLink

Browse

�2-27-1999 DEED OF TRUST 9 9 112 2 5 0 Page 6 Loan No 1064690 (Continued) MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of this Deed of Trust: Amendmenta This Dsed of Trust,together with any Related Documents,constitutes the enGre understanding and ayreement of the perfies as to the rr�tters set forth in this D�d of Trust. No alteraUon of or amendment to this Deed of Trust shall be effective unless given in w�iHrp and signed by the party or pa�ties sought to be charged or bound by the alteration or amendment. Mnud Reports. If the Property is used for purposes other than Trustor's residence,Trustor shall furnish to Lender, upon request,a certified statement of net operating income received from the Properfy du�ing Trustors previous 8sca1 year in such form and detail as Lender shaB requ(re. "Net operating income"shall mean all cash receipts from the Property less ali cash expenditures made in connection with the operaUon of the Property. Applicable Law. This Deed of Trust has been delivered to Lender and accepted by Lender in the State of Nebraska. This Deed of Trust shall be yovemed by and construed in accordance with the laws of the StMe of Nebraska. Captlon Headinps. Caption headings in this Deed of Trust are for convenience purposes only and are not to be used to interpret or define the provisions of this Deed of Trust. Mer�er. There shall be no merger of the interest w estate created by this Dsed of Trust with any other interest or estate in the Property at any time held by or for the benefit of Lender in any capacity,without the written consent of Lender. Multlple Partlea All obligaHons of Trustor under this Deed of Trust shall be joint and several,and all references to Trustor shaB mean each and every Trustor. This means that each of the persons signing below is responsible for ail obligafions in this Deed of Trust. Severablllty. If a cou�t of competent jurisdiction finds any provision of this Deed of Trust to be Invalid or unenforceable as to any person or dreumstance,such flndinq shall not render that provision invalid w unenforoeable as to any other persons or circumstances. If feasible,any such offending provision shall be deemed to be modified to be within the limits of enforceability or validity; however,if the offending provision 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 enforc�able. 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 binding upon and inure to the benefit of the parties,their successors and assigns. If ownership of the Property becomes v�ted in a person other than Trustor, Lender, without notice to Trustor, may deal with Trustor's successors with reference to this Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Trustor from the obligations of this Deed of Trust or liability under the Indebtedness. Time Is of the Essence. Time is of the essence in the performance of this Deed of Trust. Wdvers and Consents. Lender shall not be deemed to have waived any rights under this Deed of Trust(or under the Related Documents) unless such wafver is in writing and signed by Lender. No delay or omission on the part of Lender in exercising any ripht shaN operate as a 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 party's right otherwise to demand strict compliance with that provision or any other provision. No prior waiver by Lender, nor any course of dealing beiween Lender and Trustor, shall constitute a waiver of any of Lender's righis or any of Trustors obligadons as to any future transactions. Whenever consent by Lender is required in this Deed of Trust,the granHng of such consent by Lender in any instance shaA not consdtute continuing consent to subsequent instances where such consent is required. Walver of Homestead Exemption. Trustor hereby releases and waives all rights and beneflts of the homestead exemption laws of the State of Nebraska as to ali Indebtedness secured by this Deed of Trust. EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEE F TRUST,AND EACH TRUSTOR AGREES TO ITS TERMS. TRUSTOR: X � �� ! - X ' ' - RONALD E MAIER CIA MAIER INDIVIDUAL ACKNOWLEDGMENT STATE OF f CI�Li�I✓W �� COUNTY OF On this day before me,the undersigned Notary Public,personally appeared RONALD E MAIER and PATRICIA G MAIER,to me known to be the individuals described in and who executed the Deed of Trust,and acknowledged t ey signed t Deed of Trust as their iree and voluntary act and deed,for the uses and purposes therein menti e� Given under my hand and officisl seal this � day ,19�. 6ENERAL NOTARY-St�te ot Nebraska Notary Public and for t e Stat 1' �J� 5HERRI L.O'CALLAGHAN Mp Comm.Exp.Sep1.28.2003 Resldinp at My commission anpires Q-Z '� r . r ,•v i . 'k .:, y . . .. . r _ �,