Laserfiche WebLink
INIANNN I I00 A N I N 1000000000000230023ANNNI N NNA <br />005 <br />DEED OF TRUST <br />(Continued) 200303381 Page <br />expiration of any of the documents or any relationship between the parties. <br />FACSIMILE AND COUNTERPART. This document may be signed in any number of separate copies, each of which shall be effective as an <br />original, but all of which taken together shall constitute a single document An electronic transmission or other facsimile of this tlocument <br />or any related document shall be deemed an original and shall be admissible as evidence of the document and the signer's execution. <br />COMPLIANCE DEFAULT. The Compliance Default subparagraph under Events of Default is hereby deleted in its entirety. <br />MISCELLANEOUS PROVISIONS. The fallowing 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 />P.M.. as to the matters set forth in this Deed 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 Toaster's residence, Truster shall furnish to Lender, upon request, a <br />certified statement of net operating income received from the Property during Truster 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 Dead of Trust are for convenience purposes only and are not to be used to interpret or <br />define the provisions of this Dead 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 held by or for the benefit of Lender in any capacity, without the written consent of Lender. <br />Governing 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 Dead of Trust has been accepted by Lender in the State of Nebraska. <br />'quit and Several Liability. All obligations of Trustor under this Deed of Trust shell be joint and several, and all references to Truster <br />shall mean each and every Truster. This means that each Truster signing below is responsible for all obligations in this Deed of Trust. <br />No Waiver by Lender. Lender shall not be deemed to have waived any rights under this Deed of Trust unless such waiver is given in <br />writing and signed by Lander. No delay or omission on the part of Lender in exercising any right shall operate as a waiver of such <br />right or any other right. A waiver by Lender of a provision of this Deed of Trust shall not prejudice or constitute a waiver of Lender's <br />right otherwise to demand strict compliance with that provision or any other prevision of this Deed of Trust. No prior waiver by <br />Lender, nor any course of dealing between Lender and Trustor, shall constitute a waiver of any of Lender's rights or of any of <br />Toaster's obligations as to any future transactions. Whenever the consent of Lender is required under this Deed of Trust, the granting <br />of such consent by Lender in any instance shall not constitute continuing consent to subsequent instances where such consent is <br />required and in all cases such consent may be granted or withheld in the sole discretion of Lender. <br />Severabil¢y. If a court of competent jurisdiction finds any provision of this Deed of Trust to be illegal, invalid, or unenforceable as to <br />any person or circumstance, that finding shall not make the offending provision illegal, invalid, or unenforceable as to any other person <br />or circumstance. It feasible, the offending provision shall be considered modified so that it becomes legal, valid and enforceable. If <br />the offending provision cannot be so modified, it shall be considered deleted from this Deed of Trust. Unless otherwise required by <br />law, the illegality, invalidity, or anenforceebility of any provision of this Deed of Trust shall not affect the legality, validity or <br />enforceability of any other provision of this Dead of Trust. <br />Succestore and Assigns. Subject to any limitations stated In this Deed of Trust on transfer of Truster's interest, this Dead of Trust <br />shall be binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property becomes <br />vested in a person other than Truster, Lender, without notice to Trustor, may deal with Truster's successors with reference to this <br />Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Truster from the obligations of this Deed of <br />Trust or liability under the Indebtedness. <br />Time is of the Essence. Time is of the essence In the performance of this Dead of Trust. <br />Waiver of Homestead Exemption. Truster hereby releases and waives all rights and benefits of the homestead exemption laws of the <br />State of Nebraska as to all Indebtedness secured by this Dead Of Trust. <br />DEFINITIONS. The following capitalized words and terms shall have the following meanings when used in this Deed of Trust. Unless <br />specifically stated to the contrary, all references to dollar amounts shall mean amounts in lawful money of the United Slates of America. <br />Words and terms used in the singular shall include the plural, and the plural shall include the singular, as the context may require. Words <br />and terms not otherwise defined in this Deed of Trust shall have the meanings attributed to such terms in the Uniform Commercial Code: <br />Beneficiary. The word "Beneficiary' means Wells Fargo Bank Nebraska, National Association, and its successors and assigns. <br />Borrower. The word "Borrower' means Betty L. Green and Ralph E. Green, and all other persons and entities signing the Note in <br />whatever capacity. <br />Deed of Trust. The words "Deed of Trust" mean this Dead of Trust among Truster, Lender, and Trustee, and includes without <br />limitation all assignment and security interest provisions relating to the Personal Property and Rents. <br />DefauN. The word "Default" means the Default set forth in this Deed of Trust in the section titled "Default". <br />Environmental Laws. The words "Environmental Laws" mean any and all state, federal and local statutes, regulations and ordinances <br />