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<br />88- 106274 <br /> <br />thereol, thB rBntal paYBblB IhBreunder, or 10 changB Bny renewal provisions Ihereln contalnBd; (d) wBlvB any dNBUI' . <br />thBreunder or breech thBreot, (e I give Bny consBnt, wBlvBr or approval therBundBr or take Bny other action In connBctlon - <br />thBrewith, or with a IBISBB IhBreundBr, which would havB the BffBCt 01 ImpBlrlng tha value ollessors IntBrBstthBrBundBr or <br />thB proparty lubjsct thBreto, orol Impairing the position or InterBst ofthe TrustBe or Benellclary; or (II sBII, Bsslgn, plBdge, <br />mortgBgB or othBrwlse dispose 01, or encumbBr Its IntBrBstln any said laase or any rents, ISSUBS or prollts Issuelng or rising <br />thereunder. <br /> <br />DUTIES OF THE TRUSTEE: Trustor agrBBs that, (al the dUtlBS and obligations 01 TrusteB shall bB detBrmlnBd SOIBly by <br />thB exprBSl provisions 01 thll DBad 01 Trust Bnd thB TruBteB shall not bB lIabla excapt lor thB pBrformBnca 01 such duties <br />and obllgBtlonB as are spsclllcally set lorth hBrBln, and no Impllad covenants or obligations shall bB Imposed upon the <br />Trustea; (b) no prool this Dsed 01 Trust shall require Trustaa to expBnd or risk Its own lunds, or otharwlsa incur IInanclBI <br />obligation in thB parformBnce 01 any 01 Its dutlBS harBundBr, or In thB BXBrclsB 01 any 01 Its rights or powBrs, II It shall havB <br />grounds lor bellaving that the rBpaymBnt 01 such funds or adBquBtB IndBmnlty against such risk or liability Is not rBasonably <br />assurad 10 It, (c I Trustee may consult with counsel 01 Its own choosing and the advice 01 such counsBlshBII bB full and <br />completB authori2Btlon and protBctlon In thB respect 01 any action takBn or sufferBd by It hBrBundBr In good faith Bnd In <br />reliance thereon; (d) Trustee ShBII not be liable lor Bny Bctlon taken by It In good lalth and reasonably believed by It to be <br />lIUlhorizad or within the descretlon or rights 01 POWBrs conlerrsd upon It by Ihls Deed 01 Trust <br /> <br />TRUSTEE'S FEES: Trustor exprBssly covenBnts and agrBBs to pay Bnd dlschargB all cost, lees Bnd Bxpenses 01 this <br />DBBd olTrus~ Including In the event 01 sale by the TrusteB olsuch property, the Trustee's costs, expenses and IBes, which <br />fees ShBII not excead $500.00 plus 'h 01 1 % of the amount secured hereby and rBmalnlng unpBld. <br /> <br />SUBSTITUTION OF TRUSTEE: That BenBficlary may, from time to tlma, by Instrument In writing, substltutae successor or <br />successors to any Trustee':namadhBrBln .or acting hereunder, whlch.lnsttilmii~Ce~uied and acknowledged by <br />BenBllclary and recordad In the OffiCB of the reglstBr of deeds of t\le ~ounty or counties wh.ere such property Is situated, <br />shall be conclusive proof of propBr substitution of such Trustee or1t~~s who shell wlthoutconveyance from the Trustee <br />pradecessor. succsed to ell Its litle, Bstete rights, pOWBr and dutle... . ,..-------. <br /> <br />NO WAIVER BY BENEFICIARY: No wBlvBr by Trustee or BenellclBry of any right under this DBed 01 Trust shall be <br />BllectlvB unlBss In writing. WBlvBrby Trustee or Benellclary of any right granted to Trustee or BBnBllclBry under this DBed of <br />Trustor of any provision oflhls Deed of Trust BS to any transaction or occurrences shall not be deamed a walvBr as to any <br />future transaction or occurBnCBS. By ecceptlng payment 01 Bny sum securBd hereby aller Its dUB dBte, or by making any <br />paymBnt or pBrformlng any act on behBII 01 Trustor that Trustor WBS obllgatad hereunder, but fallad to mBke or parform or <br />by adding any payment so mBde by Trustee or Benellclary to thB Indebtedness secured herBby, BBnellclary dOBS not wBlvB <br />Its right to raqulre prompt paymBntwhBn dUB 01 all other sums so sacured orto rBqulre prompt pBrformBnce 01 all othBracts <br />requlrad hBreunder, or to dBclare hBraunder, or to daclare a dBlault lor fBllure so to pay. <br /> <br />WAIVER OF STATUTE OF LIMITATIONS: Time Is of the Bssence In all Trustor's obligations hereunder; and to the extent <br />permlltad by law, Trustor wBlvBS BII prBsBnt or luture StetUtBS of IImltBtlons with respBct to any dBb~ demand or obligation <br />securad hereby in any Bctlon or proceeding lor thB purpose of enforcing this Trust or any right or rBmadiBS hBreunder. <br /> <br />INSPECTION AND BUSINESS RECORDS: BenellclBry at Bny time during the continuation of this Trust may enter and <br />InspBct such property at Bny reasonable tlmB. Trustor agreBs thB~ when requestad by Benellciary, Trustor will promptly <br />dallverto Benellclary such cBrtlllad IInanclal stetBmBnts and profftand loss stetements of such typas and at such IntBrvals <br />as may be requlrBd by BenellclBry which will bB In form and content prepared according to thB usual and accBptBble <br />accounting principles Bnd prBCllces, which statemBnls shall covar thB IInBnclBI operations relating to Trustor or such <br />property and Trustor lurthBr agrees whBn rBquBsted by BBnaflciary to promptly deliver in writing such further BddltlonBI <br />InlormBtlon as required by Beneficlery relating to any such financial stBtements. <br /> <br />REMEDIES: No ramedy herein providBd shall ba axcluslve of any othBr remedy hareln or now or herBallBr existing by <br />law. butshBII becumulatlve. Every pOWBr or remady heraby givan to TrusteB or to BBneficlBry orto which ellhBr 01 them mBY <br />ba otherwise Bntllled, may bB exerclsad Irom time to time and BS ollen as may be deemBd BxpedlBnt by thBm, Bnd BllhBr of <br />them may pursue Inconsistent remedlBS. If BBnBllclary holds any Bddltlonal security for any obligation BBCUfBd hBrBby, It <br />may anforce the BBIB thereol at Its option, either bBlora, contemporanBously with, or alter the salB Is made herBundBr and <br />on any defaull of Trustor, BenellclBry may, at its option, ollset against any IndebtednBss securBd herBby, Bnd IhB <br />Beneficiary Is hBreby authorlzad and Bmpowarad at Its option, without any obllgBtlon so to do, and without affBctlng IhB <br />obligations herBof, to Bpply 10wBrd thB paymBnt of any IndebtednBss of the Trustor 10 thB Beneficiary, any and all sums of <br />money of Trustor which may hBve In Its possession or under lis control, Including without limiting the generality 01 thB <br />loregoing any savings accounl, deposit. Investment certllicale. escrow or trust lunds. <br /> <br />LAW APPUCABLE: That this Deed of Trust shall be construed according 10 the laws of the state 01 Nebraska <br /> <br />ILLEGAUTY: In the event that any provision or clause 01 this Dead of Trust conflicts with applicable law, such conflict <br />shall not affBct othBr provisions ollhls Dead oITrust which CBn beglven ellBct withoulthe conlllctlng provision, and to this <br />and thB provisions of this Dsed 01 Trust BrB daclared to be BBvereble. <br /> <br />GENERAL PROVISIONS: (BI This DBed of Trust applies to, Inures tOthB benefit of, and binds all parties hBreto,lhelr heirs, <br />IBgetees, dsvlBBBS, admlnlstrBtors, Bxecutors, SUCCBssors and Bsslgns. (b) thB term "BeneficIBry" ShBII mBan Ihe owner <br />and holdBr (Including a plBdgee) of any note securBd harBby, whBthar or not namad BS BBneflciary herein. (c) Wherever <br />the context 10 requires, the mBBCullne gendBr Includes the leminlne and neutBr, the singular number IncludBs the plUrBI, <br />and.vles vBraa. (d) CBpllons and parBgraph heBdlngs uSBd hBrBln Bre lor convenience only, Bre not a part 01 this <br />Bgreemenl Bnd ahBII not bB usad In construing it II morB than one pBrson Is named herein as Trustor, eBch obligation 01 <br />TrustorshBl1 bB the jolnl and SBVBral obllgBlIon orBach such person. The rlghls or rBmedles granted hereunder, or by law, <br />ShBII not be exclusive, but ShBII be concurrent and cumulative. <br /> <br />TflUSTEE ACCEPTS this Trust whBn Ihis DBBd. duly BXBcuted and acknowladged. Is made a public record as provided <br />by IBW. Trustee Is nol obllgBlad to ncllly any pBrty hBreto of pending sBle under any other Deed of Trust or any action or <br />procsedlng In which T'ustor. BeneflclBry or Trustee shall be B pBrty, unless brought by Trustee. <br /> <br />Mailing address tor notices 10 Trustor <br />4{)] North 12ttl Str~et <br />Omaha. Ne &8102 <br />