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r <br />L <br />102453 - -- - - - <br />the performance of any :,t its duties ht!Ttuniier, or .n the exercise ,t any ,t its ngnts or powers, a it snnn nave gn,waua aoa <br />believing that the repayment of such funds oradequate irt.icn:niIv against such risk orIiabiIity is not reasonably assured to it: <br />(c1 'I•rustee may consult with counsel of its own chi -sing and the advi.:e of such counsel shall he full and complete <br />authoriz:rtion and protection in the respect of any action taken orsuffered by it hereunder in good faith and in reliance thereon: <br />ed i Trustee shall not be liable for any action taken by it in good faith and reasonably believed by it to be authorized or within <br />the discretion or rights of powers conferred upon it by this Deed of Trust. <br />TRUSTEE'S FEES: Trustor expressly covenants and agrees to pay and discharge all cost, fees and expenses of this Deed of <br />Trust, including in the event of sale by the Trustee of such property. theTrustec's costs, expenses and fees, which fees shall not <br />ext(•ed ,W).(X) plus ''e of 1 "i� of the amount secured hereby and remaining unpaid. <br />SUBSTITUTION OF TRUSTEE: That Beneficiary may, from time to time, by instrument in writing, substitute a successor <br />or successors to any Trustee named herein or acting hereunder, which instrument, executed and acknowledged by Beneficiary <br />and recorded in the office of the register of deeds of the county or counties where such property is situated, shall be conclusive <br />proof of proper substitution of such Trustee or Trustees who shall withcut conveyance from the Trustee predecessor, succeed to <br />all its title, estate rights, power and duties. <br />NO WAIVER BY BENEFICIARY: No waiver by Trustee or Beneficiary of any right under this Deed of Trust shall be <br />effective unless in writing. Waiver by Trustee or Beneficiary of any right granted to Trustee or Beneficiary under this Deed of <br />Trust or of any provision of this Deed of Trust as to any transaction or occurrences shall not be deemed a waiver as to any <br />future transaction or occurrences. By accepting payment of any sum secured hereby after its due date, or by making any <br />payment or performing any act on behalf ofTrustor that Trustor was obligated hereunder, but failed to make orperfcrm orby <br />adding any payment so made by Trustee or Beneficiary to the indebtedness secured hereby, Beneficiary does not waive its <br />right to require prompt payment when due of all other sums so secured or to require prompt performance of all other acts <br />required hereunder, or to declare a default for failure so to pay. <br />WAIVER OF STATUTE. OF LIM IT :ATIONS: Time is of the essence in all Trustor's obligations hereunder; and to the extent <br />permitted by law, Trustor waives all present or future statutes of limitations with respect to any debt, demand or obligation <br />secured hereby in any action or proceeding for the purpose of enforcing this Trust or any right or remedies hereunder. <br />INSPECTION AND BUSINESS RECORDS: Beneficiary at any time during the continuation of this Trust may enter and <br />inspect such property at any reasonable time. Trustor agrees that, when requested by Beneficiary, Trustor will promptly <br />deliver to Beneficiary such certified financial statements and profit and loss statements of such types and atsuch intervals as <br />may be required by Beneficiary which will be in form and content prepared according to the usual and acceptable accounting <br />principles and practices, which statements shall cover the financial operations relating to Trustor or such property and <br />Trustor further agrees when requested by Beneficiary to promptly deliver in writing such further additional information as <br />required by Beneficiary relating to any such financial statements. <br />REMEDIES: No remedy herein provided shall be exclusive of any other remedy herein or now or hereafter existing by law. <br />but shall be cumulative. Every power cr remedy hereby given to Trustee or to Beneficiary or to which either of them may be <br />otherwise entitled. may be exercised from time to time and as often as may be deemed expedient by them, and either of them <br />may pursue inconsistent remedies. If Beneficiary holds any additional security for any obligation secured hereby, it may <br />j•nforc•e the sale thereof at its option, either before, contemporaneously with, or after the sale is made hereunder and on any <br />default of Trustor, Beneficiary may, at its option, offset against any indebtedness secured hereby, and the Beneficiary is <br />hereby authorized and empowered at its option, without any obligation so to do, and without affecting the obligaitons hereof, <br />to apply toward the payment ofany indebtedness of the Trustor to the Beneficiary, any and all sums of money ofTrustorwhich <br />may have in its possession or under its control, including without limiting the generality of the foregoing any savings account, <br />deposit. investment certificate, escrow or trust funds. <br />LAW APPLICABLE: That this Deed of Trust shall be construed according to the laws of the state of !Qebraska <br />l I.LF.GALiTY: In the event that any provision or clause of this Deed of Trust conflicts with applicable law, such conflict <br />shnil not affect other provisions of this Deed of Trust which can be given effect without the conflicting provision, and to this <br />end the provisions of this Deed of Trust are declared to be severable. <br />GENERAL PROVISIONS: (a) This Deed of Trust applies to, inures to the benefit of, and binds all parties hereto, their heirs, <br />legatees, devisees, administrators, executors, successors and assigns. (b) the term "Beneficiary" shall mean the owner and <br />holder (including a pledgee) of any note secured hereby, whether or not names as Beneficiary herein. (c) Wherever thecontext <br />so requires, the masculine gender includes the feminine and neuter, the singular number includes the plural, and vice versa. (d) <br />Captions and paragraph headings used herein are for convenience only, are nota partof this agreement, and shall not be used <br />in construing it. if more than one person is named herein as Trustur, each obligation of Trustor shall be the joint and several <br />obligation of each such person. The rights or remedies granted hereunder, or by law, shall not be exclusive, but shall he <br />concurrent and cumulative. <br />TRUSTEE ACCEPTS this Trust when this Deed, duly executed and acknowledged, is made it public record as provided by <br />law. Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or any action or <br />proceeding in which Trustor, Beneficiary or Trustee shall be a party, unless brought by Trustee. <br />Mailing address for notices to Trustor: <br />624 South Webb Road <br />Grand I51and, NE 6S9Gi <br />IN WITNESS WHEREOF. Trustor has executed this Deed of Trust on the date first above written. � <br />(Di <br />A ORPt1RATE, SEAL; <br />