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DEED OF TRUST Pag°. 6
<br />200206189 (Continued)
<br />Me reports ( including foreclosure reports), surveyors' reports, appraisal fees, title Insurance, and fees for the Trustee, to the extent permitted by
<br />applirabfe law. Grantor also will pay any court costs, in addition to all other sums promded by law.
<br />Rights of Trustee. Trustee shall have all of the rights and duties of Lender as set forth in this section.
<br />21. GRANTOR'S RIGHT TO REINSTATE. II Grantor meets certain conditions, Grantor shall have the right to have enforcement of this Deed of Trust
<br />dscommued at any time prior to the earlier of (if five (5) days (or such other period as applicable law may speciy for reinstatement) before sale of the
<br />Property pursuant to any power of sale contained in this Deed of Trust or (ii) entry of a judgment enforcing tits Dead of Trust. Those conditions are
<br />that Granloc (a) pays Leader all sums which would then ber due under this Dead of Trust and the Credit Agreement had no acceleration occurred; (b)
<br />cures all parer delaula under this Deed of Trust and the Credit Agreement; (c) pays all reasonable expenses incurred in enforcing this Deed of Trust,
<br />including, but not limited to, reasonable anorneys' fees; and (d) lakes such action as Lentler may reasonably require to assure that the lien of this Deed
<br />of Trust. Lancers rights in the Property and Grantor's obligation to pay the sums secured by this Dead of Trust shall continue unchanged. Upon
<br />reinstatement by Grantor, this Deed of Trust and the obligations Secured hereby shelf remain fully effective as H no acceleration had occured but Lander
<br />shalt not ba obligated to make any more credit advances. This right to reinstate shall apply if Grantor has not previously exercised the right to reinstate
<br />under me same Dead of Trust.
<br />P'a. POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions relating to the powers and obligations of Trustee are part of this Dead of
<br />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 actions with
<br />respect to the Property upon the request of Lander and Grantor: (a) join in preparing and filing a map or plat of the Real Property, including the
<br />dedication of streets or other nights to me public: (b) join in craning any easement or creating any restriction on the Real Property; and (c) join in
<br />any subordination or other agreement affecting this Deed of Trust or the interest of Lender under this Dead of Trust.
<br />Trustee. Trustee shell meet all qualifications required for Trustee under applicable law. In addition to the rights and remedies sal forth above,
<br />with respect to all or any pad of the Property, the Trustee shall have the right to foreclose by notice and sale, and Lender snail have the right to
<br />foreshow by judicial foreclosure. In either case Jr. accordance with and to the full extent provided by applicable law.
<br />Sueceesur Trvates. Lentler, at Lender's option, may from time to time appoint a successor Truslce to any Trust" appointed hereunder by an
<br />instrument executed and acknowledged by Lender and recorded as required by applicable low. The instrument shall contain, in addition to all
<br />other matters required by state law, the names of the original Lender, Trustce, and Grantor, the book and page (or computer system reference)
<br />where this Dead of Trull is recorded, and the name and address of the Successor trustee, and the Instrument shall be executed and
<br />acknowledged by all the beneficiaries under the Dead of Trust or their successors in interest. The successor trustee, without conveyance o! 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 exclusion 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, if mailed, shall be deemed effective when deposited in the United Stales mail Net class, registered mail, postage prepaid, directed to the
<br />addresses shown near the beginning of this Dead of Trust. Any p" may change its address for houses under this Dead of Trust by giving formal
<br />written nofire to the other parties, specitpng 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 pnodty over this Deed of Trust shall be sent to Lender's address, as shown near the beginning of this Dead of Trust.
<br />For horde purposes. Grantor agrees to keep Lender and Trustee informed at all times of Grantor's current address.
<br />24. ASSOCIATION OF UNIT OWNERS. The following provsibns apply if the Real Property has been submitted 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 o! attorney to Lender to vote in its discretion on any mafler that may come before the
<br />association of unit owners. Lander shall have the fight to exercise this power of attorney only after detauti by Grantor; however, Lender may
<br />de5ine to exercise this power as it sees fit.
<br />Insurance. The insurance as required above may be canned 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 reconstructing the PropeM If not so used by the
<br />association, such proceeds shall be paid to Lender.
<br />Compliance with Regulations of Association. Grantor shall perform ell of the obligations imposed on Grantor by the declaration submitting the
<br />Real 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 Property is a leasehold interest and such property has been submitted to unit ownership, Grantor shall perform all of the obligations
<br />imposed on Grantor by the lease of the Real Property from its owner.
<br />25. MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a pad of this Dead of Trust:
<br />Amendments. This Dead of Trust, together with any Related Documents, constitutes the entire understanding and agreement of IN parties as to
<br />J national set forth in this Deed of Trust. No alteration of or amendment to this Dead of Trust shall be effective unless given In writing and signed
<br />by the parry or parries sought to be changed or bound by the alteration or amendment.
<br />Applicable tre. This Dead of Trust shall be governed by and construed in accordance with the laws of the Stale of Nebraska.
<br />Caption Headings. Caption headings In this Dead of Trust are for convenience purposes only and are not to be used to Interpret or define the
<br />Provisions of this Dead of Trust.
<br />Grantor's Copy, of Documents. Lender agrees to provide Grantor with a conformed copy of both the LOANLINERT Home Equity Plan Credit
<br />Agreement and this Dead of Trust at the time they are executed or within a reasonable time after this Deed of Trust is recorded.
<br />Merger. There shall be no merger of the interest or estate created by this Dead 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 Grantor under this Dead of Trust shall be joint and several, and all references to Grantor shall mean each and
<br />every Grantor. This means that each of the persons signing below an responsible for all obligations in the Dead of Trust.
<br />Severabinty. it 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 provisioh invalid or unenforceable as to any other persons or circumstances. If feasible, any such
<br />offending provision shall be deemed to be modified to be within the limits of enforceability or validity; however, if the offending provision cannot be
<br />so modified, 1 shall be stricken and all other pro,races of this Dead of Trust in all other respects shall remain valid and enforceable.
<br />Acknowledgment. Prior to the execution hereof Grantor executed an acknowledgment starting that Grantor understands that (a) this Deed of
<br />Trust is a trust dead and not a mortgage and (b) the power of sale provided for in this used o1 Trust provides substantially different rights and
<br />Obligations to Grantor than a mortgage in the event of default or breach of obligation.
<br />Successors and Asslgns, Subjxr 10 the limitations stelae in this Deed of Trust on transfer of Grantor's interest, this Dead of Trust shall be
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