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DEED OF TRUST
<br />Loan No: 776465 200301441 (Continued) Page 7
<br />to Trustee or Lander or to which either of them may be otherwise entitled, may be exercised, concurrently or Independently, from time
<br />to
<br />time and as often as may he deemed expedient by Trustee or Lender, and either of them may pursue inconsistent remedies.
<br />Nothing in this Deed of Trust shall be construed as prohibiting Lender from seeking a deficiency judgment against the Truster to the
<br />extent such action Is permitted by law. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and
<br />an election to make expenditures or to take action to perform an obligation of Truster under this Deed of Trust, after Trustor's failure
<br />to perform, shall not affect Lender's right to declare a default and exercise its remedies.
<br />Request for Notice. Truster, on behalf of Truster and Lender, hereby requests that a copy of any Notice of Default and a copy of any
<br />Notes of Cale under this Deed of Trust be mailed to them at the addresses set forth in the first paragraph of this Deed of Trust.
<br />Attorneys' Fees; Expenses. If Lender institutes any suit or action to enforce any of the terms of this Deed of Trust. Lender shall be
<br />entitled to recover such sum as the court may adjudge reasonable as attorneys' fees at trial and upon any appeal. Whether or not any
<br />court action is involved, and to the extent not prohibited by law, all re nable expenses Lender incurs that in Lender's opinion are
<br />e
<br />ary at any time for the protection of its Interest or the enforcement of Its rights *ball become a part of the Indebtedness payable
<br />on demand and shall bear Interest at the Note rate from the date of the expenditure until repaid. Expenses covered by this paragraph
<br />nde de, without limitation, however subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal expenses,
<br />whether or not there is a lawsuit, Including attorneys' fees and expenses for bankruptcy proceedings (including efforts to modify or
<br />vacate any automatic stay or injunction), appeals, and any anticipated post judgment collection services, the cost of searching
<br />records, obtaining title reports (including foreclosure national, surveyors' reports, and appraisal fees, title in and fees far the
<br />Trustee, to the extent permitted by applicable law. Tremor also will pay any court costs, in addition to all other sums provided by
<br />law.
<br />Rights of Trustee. Trustee shall have all of the rights and duties of Lender as set forth in this section.
<br />POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions relating to the powers and obligations of Trustee are part of this
<br />Deed at Trust
<br />Powers of Trustee. In addition to all powers of Trustee arising as a matter of law, Trustee shall have the power to take the following
<br />actions with respect to the Property upon the written request of Lender and Truster: (al join In preparing and filing a map or plat of
<br />the Real Property, including the recreation of streets or other rights to the public; IN join in granting any easement or creating any
<br />restriction on the Heal Property: and (c) join in any subordination or other agreement affecting this Dead of Trust or the interest of
<br />Lender under this Deed of Trust.
<br />Trustee. Trustee net meat all qualifications required for Trustee under applicable law. In addition to the rights and remedies set
<br />forth above, with respect to all or any part of the Property, the Trustee shall have the right to foreclose by notice and sale, and Lender
<br />shall have the right to foreclose by judicial disclosure, in either case in accordance with and to the full extent provided by appllcahle.
<br />law.
<br />Successor Trustee. Lender, at Lender's option, may from time to time appoint a successor Trustee to any Trustee appointed under
<br />this Deed of Trust by an Instrument executed and acknowledged by lender and recorded in the office of the recorder of HALL County,
<br />State of Nebraska. The instrument shall contain, in addition to all other matters required by state law, the names of the original
<br />Lender, Trustee, and Truster, the book and page (or computer system reference) where this Deed of Trust Is recorded, and the name
<br />and address of the successor trustee, and the Instrument shall be executed and acknowledged by all the beneficiaries under this Deed
<br />of Trust or their successors In interest, The socaca *or trustee, without conveyance of the Property, shall succeed to all the title,
<br />power, and duties conferred upon the Trustee in this Deed of trust and by applicable law. This procedure for substitution of Trustee
<br />shall govern tp the exclusion of all other provisions for substitution.
<br />NOTICES. Any notice required to he given under this Deed of Trust, including without limitation any notice of default and any notice of
<br />sere shall be given In writing, and shall be effective when actually delivered, when actually received by telefaesimlle (unless otherwise
<br />required by law), when deposited with a nationally recognized overnight courier, or, it mailed, when deposited In the United States mall, as
<br />first class, certified or registered mail postage prepaid, directed to the addresses shown near the beginning of this Deed of Trust. All
<br />copies of notices of foreclosure from the holder of any lien which has priority over this Deed of Trust shall be sent to Lender's address, as
<br />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. For notice purposes, Trustor
<br />agrees to keep Lender informed at all times of Trustor's current address. Unless otherwise provided or required by law, if there is more
<br />than one Trustor, any notice given by Lender to any Truster is deemed to be notice given to all Trusters.
<br />MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of this Dead of Trust;
<br />Amendments. This Deed of Trust, together with any Related Documents, constitutes the entire understanding and agreement of the
<br />parties as to the, matters set forth in this Dead of Trust. No alteration of or amendment to this Deed of Trust shall be effective unless
<br />given in writing and signed by the party 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. Truster shall furnish to Lender, upon request, a
<br />certified statement of net operating income received from the Property during Trustor's previous fiscal year in such form and detail as
<br />Lender shall require. "Net operating income" shall mean all cash receipts from the Property less all cash expenditures made In
<br />connection with the operation of the Property.
<br />Caption Headings. Caption headings in this Deed of Trust are for convenience purposes only and are not to be used to interpret or
<br />define the 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
<br />Property at any time herd by or for the benefit of Lender in any capacity, without the written consent of Lender.
<br />Gassman, Law. This Dead of Trust will be governed by, construed and enforced in accordance with federal law and the laws of the
<br />State of Nebraska. This Deed of Trust has been accepted by Lender in the State of Nebraska.
<br />Choice of Venue. If there is a lawsuit, Truster agrees upon Lender's request to submit to the jurisdiction of the courts of Hall County,
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