Laserfiche WebLink
20~oo5o9s <br />11. Whenever all or any portion of the sums secured by this Deed of Trust have became <br />due and payable immediately by reason of a breach or default in the performance of any obligation <br />secured by this Trust Deed, and Beneficiary intends to exercise the power of sale provided herein, <br />as available under the Nebraska Trust Deed's Act, Trustor may cure such default if Trustor <br />complies with all the terms and conditions set forth in the Nebraska Trust Deed's Act, together <br />with paying to Beneficiary all costs and expenses actually incurred in enforcing the terms of such <br />obligation, or Deed of Trust, including the Trustee's fees and reasonable attorney fees as allowed <br />by law, actually incurred not exceeding the maximum allowed by law at said time. <br />12. In the event of any default hereunder by Trustor, Trustor shall pay the costs incurred <br />by Beneficiary in examining title to the Premises and Trustor shall pay Trustee's fees actually <br />incurred in enforcing the terms of any Promissory Note, and/or the Deed of Trust not to exceed <br />the amount of three percent (3 %) of the entire unpaid principal and interest sum secured hereby, <br />together with reasonable attorney's fees, late charges, title insurance premium, and any other casts <br />or reimbursements as allowed by law. <br />13. The loan secured by this Deed of Trust was made under a United States Small <br />Business Administration (SBA) Nationwide Program which uses tax dollars to assist small <br />business owners. If the United States is seeking to enforce this document, then, under SBA <br />Regulations: <br />(a) When SBA is the holder of the Note, this document and all documents evidencing <br />or securing the loan, will be construed in accordance with Federal Laws; and <br />(b) Beneficiary or SBA may use local or state procedures for purposes such as filing <br />papers, recording documents, giving notice, foreclosing liens, and other purposes. <br />By using these procedures, SBA does not waive any Federal Immunity from local <br />or state control, penalty, tax or liability. Na Trustor, Borrower or Guarantor may <br />claim or assert against SBA any local or state law to deny any obligation of <br />Trustor, Borrower, ar Guarantor, or defeat an claim of SBA with respect to this <br />loan. <br />Any clause in this document requiring arbitration is not enforceable when SBA is the holder of <br />the Note secured by this Deed of Trust. <br />DEED OF TRUST <br />]:\TJC\13111\223\NE-170T.2.wpd - ~ <br />