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200207181
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Last modified
10/15/2011 1:40:14 AM
Creation date
10/22/2005 9:00:48 PM
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DEEDS
Inst Number
200207181
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DEED OF TRUST <br />Upon No: 31386 200207181 (Continued) Page 7 <br />upon the Trustee In this Dealt of Trust and by applicable law. This procedure for weentrution of Trustee shall govern to the sandwich Of of <br />other provisions for substitution. <br />NOTICES. Any notice required to be given under full Deed of Tmel, including without limitation any notes of default and any nobee of sale shell <br />be given in wrung, and shall be effective when actually delivered, when acNa y eceived by telefacsimle (unless downward required by Iaw) , <br />when deposited won a nationally recognized overnight courier or ff mailed, when deposited in the United States mail, as first class continued or <br />registered mail postage prepaid, directed to the addresses shown near the beginning of this Dead of Trust All declare Of moose of bremosure <br />from the holder Of any lien which has priority over this Deed Of Trost shall be sent to Local address, as shown new the beginning Of this Deed <br />of Trust Any party may change it addrwa for notices under this Dealt Of Trust by giving formal wagon notice N the Other penes, spectra lop that <br />the purpose of the notice is to change the party address. For notice purposes, Trader agrees to keep Lander informed at of tares of Trusters <br />current address. Unless automated provided Or required by law, if there Is more than one Truster any notice given by Lander to any Total is <br />deemard to has needs given M of Trull <br />IMSCELLANEOUS PROVISIONS. The blowing miscellaneous provisions are a pan Of this Dealt Of Trust: <br />Amendment This Deed of Trust, together with any Related Borrowing. constral the entire understanding and agreement of has parties <br />as to the matters OR torch In this Deed at Treat No ahemal of or amendment to this Deed of Trust shall ber etedrve unless given in wrung <br />and signed by the party or parties sought to be changed or bound by the alteration Or amendment. <br />Amend Reports. 11 the Property is used for purposes Other than Truster '9 RSldi nice, Truster shall turban IO Lender. upon request a comand <br />statement of net operating income received from NO Property during Toasters previous fiscal year In such form and detail As Lander shall <br />require. Net operating income shall mean all cash receipts from the Pmpmly, less of Cash expenditures made in connection with the <br />operation of the Property . <br />Cantina Head'wys. Caption headings In this Dead of Touch are for convenience purposes only and ere not to be used M IMeryret or define <br />the provenow of tut Used of Twat. <br />Meari There shall be no merger of the Interest or estate created by this Deed of Trust With any other interest or estate In the Property at <br />any rime held by or for the benefit of Lander In any capacity, without the winner consent of Lander. <br />Careering Law, Thu Deed of Town Wn be governed by, count and edorud in reactions with f ble al New and the laws of IM <br />Stale of Nebraska. Tire Dead of Trust Wm Now atteplW by Lender in the &Me of Notras4e. <br />wine and Sweraf LiabJil All obligations of Borrower and Truster under this Deed of Trust shall be joint and several, and all references to <br />Toaster shall farm each and every Thai and of references to Borrower shell mean each and every Borrower. This means that each <br />Borrower and Trustor signing below Is responsible for all obligations In this Dealt of Trust. <br />No Warren by Lender. Lumber shell set b r covered to have waNetl any Ages under this Dealt of Trust unless each waiver is given in <br />writing and spend by Lender. No delay or mossion on the part of Lender in exceeding any right shall operate As a waiver Of such right or <br />any other right. A waiver by Lender of a provision of this Deed of Trust shell set prejudice or constitute a waiver f Lander right otherwise <br />to demand sNC[ eomefianee win that provision or any other provision of Ibis Deed of Treat No prior waiver by Lender, nor any course of <br />dealing between Lender and Truster, shell constitute a waiver of any of Lender's rights or of any of Trul obligations tie to any Entire <br />transactions. Whenever the cancer of Lander is required under his Deed of Trust the gaining of such consent by Lander In any Instance <br />shall not Rea le continuing consent to subsequent moral where such consent is required and In all cases such consent may by <br />granted or whhlreld in the sole die reran m Lender. <br />Sererahary. If a noun of competent iunsebaon Tads any Provision of this Deed of Trust to be a pple, invalid, of homeowebls as to any <br />person or ounnrsered that finding shall not make the offending provision Illegal, invalid, Or unenforceable he to any other parson or <br />circumstance. If feasible, the offending Provision Row be considered modified so that u becomes Ia(lel, valid and enforceable. It the <br />offending provision cannot be as backed, it shall be considered deleted from this Deed of Trust. Unions otherwise required by law, the <br />anstafrty, invalidity, or unanforc urbility of any provision of this Deed of Trust shall not asset the legality, validity or enforceability of any other <br />provision of Deed of seal. <br />%mwasora and Interests. subject to any limitations shared in this Deed of Trust on honest of Trusters inlereat, this Dead of Trust sM1m1 be <br />binding upon and Inure to Iha benefit of rho pestles, their successors and assigns. If ownership of the Property damage vested In a person <br />other than Trustor, Lender. wbhout owned to Trustor, may deal with Tanjore suceea m with reference To this Deed of Trual and the <br />Indebtedness by way of forbearance or Signa on w¢hout Consul Truemr from the obligaflow of this Deed of mat of liability under the <br />Indebtedness. <br />Time is of the Cannot. Time Is of the essence in the performance of this Dealt of Trost. <br />Waive Jeff. NI purtiu of dove Deed of Trw berehy ware We right to his jury trial he any acting prrcm4ts, or macho dal e <br />broushl by my Party asaual soy office patty. <br />Warren of Household Exempting Toanor hereby releases and waives all rights and benefits of the homestead exemption laws of the State <br />of Nebraska es to all Indebtedness secured by this Deed of Tmaf. <br />DEY1 DONS, The following eapecalized words and teems Shall have the following meanings when used In this Deed of Trost. Unions speeslCBlly <br />stated to the contrary, all references to dollar amounts shall mean amounts In IavMl meney of the Unlfed SIa19a of America Words antl tights <br />used in the singular Buell include the all and the plural shall include IM1e singular, as the copra lmay require. Wards and terms not cooed <br />defined In this Deed of Trost shall have the meanings atlnbuted to such terms In the Uniform Commercial Cetle: <br />Renewal The word "BarbTcoury matins Howard County Bank a branch of Sherman County Bank, and its successors and aesigre. <br />Rurrower. The word "Borrower means Can Bra Enteryrisea, LLD, and all other moons and entities signing the Nob In whatever cap". <br />DrW of True. The words "Dead of Tral mean this Deed of Trust annow Trustor, Lender, and Trustee, and Includes without limitation a1 <br />assignment and security interest provisions slating m the Personal Pmhy <br />pe and Rents. <br />Isawk. The word 'Default means IM1e Default set forth In this Deed of Trust in the section Load "Defill <br />
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