|
200904723
<br />Security Instrument shall be deemed to constitute a course of conduct inconsistent with Lender's right at any time,
<br />before or after an event of default, to demand strict adherence to the terms of this Security Instrument and the
<br />Related Documents.
<br />SUBSTITUTE TRUSTEE. Lender, at its option, may from time to time remove Trustee and appoint a successor
<br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security
<br />Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title,
<br />power and duties conferred upon Trustee herein and by applicable law.
<br />JOINT AND SEVERAL LIABILITY. Tfthis Security Instrument should be signed by more than one person, all
<br />persons executing this Security Instrument agree that they shall be jointly and severally bound, whcrc permitted by
<br />law.
<br />SURVIVAL. Lender's rights in this Security Instrument will continue in its successors and assigns. This Security
<br />Instrument is binding an all heirs, executors, administrators, assigns and successors of Grantor.
<br />NOTICES AND WAIVER OF NOTICE. Unless otherwise required by applicable law, any notice or demand
<br />given by Lender to any party is considered effective when it is deposited in the United States Mail with the
<br />appropriate postage. A copy of any notice shall be mailed to each party at the address of the party given at the
<br />beginning of this Security Instrument unless an alternative address has been provided to Lender in writing. To Che
<br />extent permitted by law, Grantor waives notice of Lender's acceptance of this Security Instrument, defenses based
<br />on suretyship, any defense arising from any election by Lender under the United States Bankruptcy Cade, Uniform
<br />Commercial Code, as enacted in the state whcrc Lcndcr is located or other applicable law or in equity, demand,
<br />notice of acceleration, notice of nonpayment, presentment, protest, notice of dishonor and any other notice.
<br />REQUEST FOR NOTICES: Grantor requests that topics of the notice of default and notice of sale be sent to the
<br />address of each party given at the beginning of the Security Instrument.
<br />TO THE EXTENT PERMITTED BY LAW, GRAN"I'OR WAIVES ANY RIGHT TO NOTICE, OTHER
<br />THAN THE NOTICE PROVIDED ABOVE, AND WAIVES ANY RIGHT TO ANY HEARING,
<br />JUDICIAL OR OTHERWISE, PRIOR TO LENDER EXERCISING ITS RIGIiTS UNDER TIIIS
<br />SECURITY INSTRUMENT.
<br />WAIVER OF APPRAISEMENT RIGIITS. Grantor waives all appraisement rights relating to the Property to
<br />the extent permitted by law.
<br />LENDER'S EXPENSES. Grantor agrees to pay all expenses incurred by Lender in connection with enforcement
<br />of its rights under the Indebtedness, this Security Instrument or in the event Lender is made party to any Htigation
<br />because of the existence of the Indebtedness or this Security Instrument, as well as court costs, collection charges
<br />and reasonable attorneys' fees and disbursements.
<br />ASSIGNABILITY. Lender may assign or otherwise transfer this Security Instrument or any of Lender's rights
<br />under this Security Instrument without notice to Grantor. Grantor may not assign this Security Instrument or any
<br />part of the Security Instrument without the express written consent of Lcndcr.
<br />GOVERNING LAW ANU JURISDICTION. This Security Instrument will be governed by the laws of the State
<br />of Nebraska.
<br />SEVERABiLITY. If a court of competent jurisdiction determines any term or provision of this Security
<br />instrument is invalid or prohibited by applicable law, that term ar provision will be ineffective to the extent
<br />required. Any term or provision that has been determined to be invalid oG prohibited will be severed from the rest
<br />of the Security Instrument without invalidating the remainder of either the affected provision or this Security
<br />Instrument.
<br />WAIVER OF JURY TRIAIa. All parties to this Security Instrument hereby knowingly and volnntarily
<br />waive, tp the fullest extent permitted by law, any right to trial by jury of any dispute, whether in contract,
<br />tort, or otherwise, arising out of, in connection with, related to, or incidental to the relationship established
<br />between them in this Security Instrument or any other instrument, document or agreement executed or
<br />delivered in connection with this Security Instrument or the related transactions.
<br />UNIFORM COMMIaRC1AL CODE (U.C.C.) Grantor agrees that this Security Instrument shall suffice as a
<br />financing statement and may therefore be tiled of record as a financing statement for the purposes of Article 9 of
<br />the Uniform Commercial Coda Grantor authorizes Lcndcr to file any financing statements required under the
<br />Uniform Commercial Code.
<br />ENTIRE AGREEMENT OF 1'lIE PAR"1"TES. This agreement, including all agreements referred to or
<br />incorporated into this agreement, constitutes the cnttre agreement between the parties relating to the subject matter
<br />of this agreement. This agrccmcnt supersedes all prior oral or written agreements, commitments and
<br />understandings between the parties relating to the subject matter of this agrccmcnt and cannot be changed or
<br />terminated orally, and shall be deemed effective as of the date noted above.
<br />~ 2W4-2WN Copyright Compliance Systcnu, Inc, fi3C7-297A - 200ft.122R2 www.compliancesystems.cnm
<br />Commercial Rcal Esfare Sccunry Insaumcm - D1.4007 Pnge 4 of 5 MINI-y68.8522 -Fax 616-45h~~1 R6R
<br />
|