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, , 200704342 before or after an cvcnt of default, to demand strict adherence to the terms of this Security Instrument and the Related Documents. SUBSTITUTE TRUSTEE. Lender, at its option, may from time to time remove Trustee and appoint a successor trustcc to any Trustce appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustce shall succeed to all the title, power and dutics conferred upon Trustee herein and by applicable law. JOINT AND SEVERAL LIABILITY. If this Security Instrument should be signed by more than one person, all persons executing this Security Instrument agree that they shall be jointly and sevcrally bound, where permitted by law. SURVIVAL. Thc Lt:nder's rights in this Security Instrument will continue in its successors and assigns. This Security Instrument is binding on all heirs, executors, administrators, assib'lls and successors of the Grantor. NOTICES AND WAIVER OF NOTICE. Unless othcrwise required by applicable law, any notice or demand givcn by Lender to any party is considered effective when it is deposited in the United States Mail with the appropriate postage, mailed to the address ofthe party given at the beginning of this Security Instrument unless an alternative address has been provided to Lender in writing. To the extent permitted by law, Grantor waives notice of Lender's acceptance of this Security Instrument, defenses based on suretyship, any defense arising from any election by Lender under the United States Bankruptcy Code, Uniform Commcrcial Code, as enacted in the state where the Lender is located or other applicable law or in equity, demand, notice of accelcration, notice of nonpayment, presentment, protcst, notice of dishonor and any other notice. TO THE EXTENT PERMITTED BY LAW, GRANTOR WAIVES ANY RIGHT TO NOTICE, OTHER THAN THE NOTICE PROVIDED ABOVE, AND WAIVES ANY RIGHT TO ANY HEARING, JUDICIAL OR OTHERWISE, PRIOR TO THE LENDER EXERCISING ITS RIGHTS UNDER THIS SECURITY INSTRUMENT. WAIVER OF APPRAISEMENT RIGHTS. Grantor waivcs all appraisemt..'llt rights relating to the Property to the extent permitted by law. WAIVER OF HOMESTEAD EXEMPTION RIGHTS. Grantor hereby waives all homestead exemption rights relating to the Property to the extent permitted by law. LENDER'S EXPENSES. Grantor agrees to pay all expenses incurred by Lender in connection with enforcement of its rights under the Indebtedness, this Sceurity Instrument or in the event Lender is made party to any litigation because of the existence of the Indebtedness or this Security Instrument, as well as court costs, collection charges and reasonable attorneys' fees and disbursements. ASSIGNABILITY. Lender may assign or otherwise transfer this Security Instrument or any of Lender's rights under this Security Instrument without notice to Grantor. Grantor may not assign this Security Instrument or any part of the Security Instrument without the express written consent of Lender. GOVERNING LAW AND JURISDICTION. This Security Instrument will be governed by the laws ofthe State of Nebraska. SEVERABILITY. If a court of competent jurisdiction determines any term or provision of this Security Instrument is invalid or prohibited by applicable law, that term or provision will be incffcctive to the extent required. Any term or provision that has been determined to bc invalid or prohibited will be severed from the rest of the Security Instrument without invalidating the remainder of either the affected provision or this Security Instrument. WAIVER OF JURY TRIAL. All parties to this Deed of Trust waive any right to trial by jury to the extent allowed by law. This jury trial waiver applies to any claims or disputes related or incidental to the relationship established between the parties to this Deed of Trust. UNIFORM COMMERCIAL CODE (U.c.c.) Grantor grants to Lender a security intcrest in all goods that Grantor owns now or in the future and that are or will bccome fixturcs related to the Property. Grantor agrees that this Security Instrument shall suffice as a financing statement and may therefore be filed ofrccord as a financing statement for the purposes of Article 9 of the Uniform Commercial Code. Grantor authorizes Lender to file any financing statements required under the Uniform Commercial Code. ENTIRE AGREEMENT OF THE PARTIES. This agreement, including all agreements referred to or incorporated into this agreement, constitutes the entire agreement betwccn thc parties relating to the subject matter of this agreement. This agreement supersedes all prior oral or written agreements, commitments and understandings between the parties relating to thc subjct.1 matter of this agreement and cannot be changed or terminated orally, and-shaUbc deemed effective as of the date noted above. ADDITIONAL PROVISIONS. REQUEST FOR NOTICE. Grantor and Lender hereby request that a copy of any notice of default and notice of sale made or executed hy Trustee pursuant to the provisions hereof be sent to Grantor and Lender at their respective mailing addresses set forth above. By signing this Security Instrument, each Grantor acknowledges that all provisions have been read and understood. Signed and sealed by Grantor (s): <C 2004.2006 Copyright Compliance SYS'<m';, In<. 340A.illl56. 2006.11.182 Commercial Real Estate Set:urity Instrument. DL4007 Pago 4 of5 www.complian(:esyst~m!].com 800-968-8522 - fax 616-956.1868