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<br />Security Instnrment shall be deemed to constitute a course of conduct inconsistent with Lender's right at any time,
<br />before ar after an event of default, to demand strict adherence to the terms of this Security lnstz-unrent and the
<br />Related Documents.
<br />SUBSTITUTE TRUSTEE. Lender, at its option, may from time to time remove Tnrstee and appoint a successor
<br />trustee to any Trustee appointed hereunder by an instrument recorded in the county in whic}a 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 SEVERAT, 1~IABILII'Y. If this Security Instrument should be signed by more tkaarr one person, all
<br />persons executing this Security Instrument agree that they shall be jointly and severally bound, where permitted by
<br />law.
<br />SURVIVAL. Lender's rights in this Security Instrument will continue in its successors and assigns. 'I-his Security
<br />Instrutrrent is binding on all kieirs, executors, administrators, assigns and successors of Grantor.
<br />NO'1"ICES AND WAIVI~,R 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 the
<br />extent permitted by law, Grantor waives notice of Lender's acceptance of this Security Instrument, defenses based
<br />on suretyship, any defense arising trona any election by Lender under the United States Bankruptcy Code, Uniform
<br />Commercial Code, as enacted in the state where Lender is located or other applicable law or iza equity, demand,
<br />notice of acceleration, notice of nonpayment, presentment, protest, notice of dishonor and any other notice.
<br />REQUEST FOR NUTICIi1S: Grantor requests that copies of the notice of default and notice of sale be sent to the
<br />address of each party given at the begimting of the Security Instrument.
<br />TO THE EXTENT PERMITTED BY LAW, GRAN'hOR WAIVES ANY RIGtTI'I" TO NO'CICE, U'1'HE;K
<br />THAN THE NOTICE FRUV1llED ABOVE, AND WAIVES ANY RIGIIT TU ANY HEARING,
<br />JUDICIAL, OR OTHERWISE, PRIOR TO LENllER EXERCISIN(.= ITS RIGHTS UNDER THIS
<br />SECURITY 1NS'1"RUNIENT.
<br />WAIVER OF API'RAISEMENT RIGHTS. Grantor waives all appraisentent 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 comiection with enforcement
<br />of its rights under the Indebtedness, this Security Instrument or in the event Lender is made party to any litigation
<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. I..ender tray 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 .l,.ender.
<br />GOVERNING LAW AND JURISDICTION. This Security Instrument will be governed by the laws of the State
<br />of Nebraska.
<br />SEVERAI3ILITY. If a court of competent jurisdiction determines any term or provision of this Security
<br />Instrument is invalid or prohibited by applicable law, that. terns or provision will be ineffective to the extort
<br />required. Any term or provision that has been deternlined to be invalid or prohibited will be severed fi~orn 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 "1'R1AL. All parties to this Security ]rrstrument hereby knowingly and voluntarily
<br />waive, to the fullest extent permitted by law, any right to trial by jury of any dispute, vvltether in contract,
<br />tort, ar otherwise, arising out of, in connection with, related to, or incidental to the relationship established
<br />between them in this Security Lrstrument or any other irzstruznent, document or agreement executed or
<br />delivered in cormectioitr with this Security Instrument or tI>we related transactions.
<br />ENTIRE AGREEMENT OF TLIE PAR'T'IES. This agreement, including all agreements referred to or
<br />incorporated into this agreement, constitutes the entire agreement between the parties relating to the subject matter
<br />of this agreement. This agreement supersedes all prior oral or written agreements, commitments and
<br />understandings between the parties relating to the subject matter of this agreezttent and carmot be chartged or
<br />terminated orally, and shall be deemed effective as of the date noted above.
<br />I;y signing this Security Itstrument, each Grantor acknowledges that all provisions have beetr read and
<br />understood. Signed and sealed by Grantor(s):
<br />J & BS REJJNTALS, L.L.C.
<br />"!N ~ `- ~ - .....
<br />By: William P. filler Date
<br />Its: Member
<br />~s> 2004-2009 (bmpli;mce Systems. Imc. I)Aa0-51)26 - 200 ).US3 i 3
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