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200806450
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200806450
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Last modified
7/29/2008 3:12:51 PM
Creation date
7/29/2008 3:12:50 PM
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DEEDS
Inst Number
200806450
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<br />200806450 <br /> <br />(i) give the Beneficiary notice of such landlord's bankruptcy as soon as <br />the Trustor becomes aware of such bankruptcy; <br /> <br />(ii) be prohibited from electing to treat the Lease as terminated without <br />the written consent of the Beneficiary; <br /> <br />(iii) allow the Beneficiary to participate in any bankruptcy litigation <br />involving the Lease; and <br /> <br />(iv) grant the Beneficiary the right to make any other decisions in <br />bankruptcy which would affect the Beneficiary's damages or security under this <br />Deed of Trust. <br /> <br />11. REQUESTS FOR NOTICE. Trustor hereby requests a copy of any notice of <br />default and any notice of sale hereunder be mailed to Trustor at Trustor's addresses set forth in the <br />first paragraph of this Deed of Trust. While hereby expressly reserving the priority of this Deed of <br />Trust as established by law, Trustee and Beneficiary hereunder request that a copy of any notice of <br />default and any notice of sale under any deed of trust recorded against the Property either prior to, <br />or subsequent to the date this Deed of Trust is recorded be mailed to each at the addresses set forth <br />in the first paragraph ofthis Deed of Trust. <br /> <br />12. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, from time to <br />time, by a written instrument executed and acknowledged by Beneficiary, mailed to Trustor and <br />recorded in the county in which the Property is located and by otherwise complying with the <br />provisions of the applicable law of the State of Nebraska, substitute a successor or successors to the <br />Trustee named herein or acting hereunder. <br /> <br />13. RECONVEYANCE BY TRUSTEE. Upon written request of Beneficiary stating <br />that all sums secured hereby have been paid, Trustee shall reconvey to Trustor, or to the person or <br />persons legally entitled thereto, without warranty, any portion of the Property then held hereunder. <br />The recitals in such reconveyance of any matters or facts shall be conclusive proof of the <br />truthfulness thereof. <br /> <br />14. NOTICES. Whenever Beneficiary, Trustor or Trustee shall desire to give or serve <br />any notice, demand, request or other communication with respect to this Deed of Trust, each such <br />notice, demand, request or other communication shall be in writing and shall be deemed received <br />when personally delivered (including, without limitation, facsimile delivery with electronic <br />confirmation of delivery) or three (3) business days after being deposited in the United States mail, <br />postage prepaid, certified mail, return receipt requested, addressed to the Trustor, Trustee, or <br />Beneficiary, as the case may be, at the respective address set forth at the beginning of this Deed of <br />Trust. Any party may at any time change its address for such notice purposes by delivering or <br />mailing to the other parties hereto, as aforesaid, a notice of such change. <br /> <br />15. GOVERNING LAW. This Deed of Trust shall be governed by Nebraska law. <br />This Deed of Trust applies to, inures to the benefit of and binds all parties hereto, their heirs, <br /> <br />6 <br />
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