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DEED OF TRUST Page 6 <br />20030'4654 (Continued) <br />We reports (including foreclosure repel), surveyors mpols, appraisal lees, title insurance, and fees for the Trustee, to the silent Permitted by <br />applicable law. Grantor also will pay any court costs, in addition to all other sums provided by law. <br />Rights W Trustee. Trustee shall have all of the right and duties of Lender as set forth in this section. <br />21. GRANTOR'S RIGHT TO REINSTATE, if Grantor meets certain conditions. Grantor shall have the right to have enforcement of this Dead of Trust <br />discontinued at any time prior to the earlier of (i) tics (5) days (w such other Period as applicable law may specify for reinstatement) before sale of the <br />Prop" pursuant to any power of sale contained in this Deed of Trust or (II) entry of a Judgment enforcing this Deed of Trust. These Conditions are <br />met Grantor. (a) pays Lender all sums which would then de due under this Deed of Trust and the Credit Agreement had no acceleration occurred; of <br />cures all other defaults under Ihs Deed of Trust and the Credit Agreement; (c) pays all reasonable eepermes incurred in enforcing this Deed of Trust, <br />including. but net limlted tie. reasonable attorneys' fees; and (6) takes such action as Lender may reasonably require to assure that the lien of this Deed <br />W Trust. Lender's rights in the Property and Grantor's obligation to pay the sums secured by this Deed of Trust shall continue unchanged. Upon <br />reins atera l by Grantor, this Dead of Trust and the obligations secured hereby shall remain fully effective as if no acceleration had occured but Lander <br />shall not be obligated! to.make any more credit advances. This right t0 reinstate shall apply if Grantor has not previously exeraeed the right to reinstate <br />under ms same Dead of Trust. <br />22. POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions relating to the powers and obligations of Trustee are part of the Deed of <br />Trust <br />Powers, Of Trustee. In addition to all powers of Trustee arming as a matter of taw, Trustee shall have the power to take the following actions with <br />respect to the Property upon the request of Lender and Grantor: (a) join in preparing and filing a map or plot of the Reel PropeM, including the <br />dedication of shoes or other right to the public: (b) join in granting any easement or creating any restriction on the Real Property; and (c) join in <br />any Su0ordination or other agreement affecting this Dead of Trust or the interasl of Lender under this Dead of Trust. <br />Trustee. Trustee stall meet all qualifications required for Trustee under applicable law. In addition l0 the right and remedies set forth above, <br />with respect to all or any pan of fhe Prop", the Trustee shall have the right to foreclose by notice and sale, and Lender shall have the fight to <br />foreclose by judicial foreclosure, in either case in accordance with and to the full ancient provided by applicable taw. <br />Successor Trualee. Lender, at Lender's option, may from time to time appoint a successor Trustee t0 any Trustee appointed hereunder by an <br />instrument assaulted and acknowletlgad by Lender and recorded as required by applicable law. The instrument shall contain, in addition to all <br />Other maters required by slate few, the names of me original Lender, Trustee, and Grantor, the book and page for computer system reference) <br />where this Deed of Trust is recorded, and the name and address of the successor trustee, and the instrument shall be eimputed and <br />acknowledged by all the bereilcuners under the Dead of Trust or their successors in interest. The successor trustee, without Conveyance of the <br />Property, shall succeed to all the title, power, and duties Conferred upon the Trustee in this Dead of Trust and by applicable law. This procedure <br />for substitution of trustee shall govern to the emlusion of all other provisions for substitution. <br />M. NOTICES TO GRANTOR AND OTHER PARTIES. Any notice under this Deed of Trust shall be in writing and shall be effective when actually <br />delivered or, it mailed, shall be deemed effective when deposited in the United States mail first class, 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 notices under this Dead 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. All Copies of notices of foreclosure from <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 M this Dead of Trust. <br />For notice purposes, Grantor agrees to keep Lender and Trustee informed at all times of Grantor's current adaress. <br />24. ASSOCIATION OF UNIT OWNERS. The following provisions apply If the Real Property has bean sulfir 0 to unit ownership law or similar law <br />for the establishment of condominiums or cooperative ownership of the Real Property. <br />Power of Attorney. Grantor grants an irrevocable power of attorney to Lender to vote in its discretion on any matter that may come before the <br />association of unit owners. Lender shall have the right to exercise this power of attorney only after default by Grantor; however, Lender may <br />dedirw to exercise this power as it sees fit. <br />Inwrence. The insurance as required above may be carved by the association of unit owners on Grantor's behalf, and the proceeds of such <br />insurance may be paid to the association of unit owners for the purpose Of repairing or reconstrudting the Property. If not so used by the <br />association, such proceeds shall be paid to Lentler. <br />Compliance with Regulations of Assocletfon. Grantor shall perform all of the obligations imposed on Grantor by the declaration submitting the <br />Reel Property to unit ownership, by the bylaws of the association of unit owners, Or by any rules or regulations thereunder. If Grantor's interest In <br />the Real Properly is a leasehold interest and such property has been submitted to unit ownership, Grantor shall deform all of the obligations <br />imposed an Grantor by the lease of the Real Property from its Owner. <br />25. MISCELLANEOUS PROVISIONS. The following miscailamous provisions are a pan of this Deed of Trust: <br />Amendments. This Deed of Trust, togelher with any Related Documents, constitutes the entire understanding and agreement of the parties as to <br />fill rrw set form in this Deed of Trust. No alteration of Or amendment to INS Deed of Trust shell he effective unless given in willing and signed <br />by the party or parties sought to he changed or bound by the alteration or amendment. <br />Applicable Lew. This Deed of Trust shall be governed by and construed in accordance with the laws of the State of Nebraska. <br />Caption headings. Caption headings In this Deed of Trust are for convenience purposes only and fire not to be used to Interpret or define the <br />provisions of this Deed of Trust. <br />GrmttOr's COPY of Documents. Lender agm6 s 10 provide Grantor wilh a conformed Copy of both the LOANLINERS Home Equity Plan Credit <br />Agreement and this Dced of Trust at the lime they are executed or within a reasonable lime after this Deetl of Trust is recorded. <br />Mention. There shall be no merger of the interest an 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 />Mut ipk Parties. All Obligations of Grantor under this Deed W Trust shall be joint and several, and all references to Grantor shall mean each and <br />away Grantor. This mail that each at the persons signing below is responsible for all obligations In this Deed of Trust. <br />Severebflity. if a court of competent jurisdiction finds any provision of firs Deed of Trust to be invalid or unenforceable as to any person w <br />Circumstance, such finding Shan not render that provision invalid or unenforceable as to any other perform w circumstances. If feasible, any such <br />Offending provsion shall be deemed to be modified to be within the limit of enforceability w validity; however, If the offending provision Cannot be <br />so modified, it shall be stricken and all other provisions of this Deed of Trust in all other respect shall remain valid and enforceable. <br />ACknowledgment. Prior to the execution hereof Grantor executed an acknowledgment stating that Granw understands that (a) this Deed of <br />Trust s a trust tleetl and not a mangege and (b) the power of sale prOvidetl Ica in this Deed of Trust providim substantially, different rights and <br />oblgatiom to Graniw than a mortgage In IN event of default or breach of obligation. <br />Successors and Asslgna. Subjep to We li m,.,Crm stated in this Deed of Trust On transfer of Grantor's interest, this Deed of Trust shall be <br />