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Loan No: 10723fi2Q7
<br />DEED OF TRUST 2 010 0 8 6 7 8
<br />(Continued) Page 7
<br />Note, under any of the Related Documents, or under any other agreement or any laws naw pr hereafter in force; notwithstanding,
<br />some or all of such indebtedness and obligations secured by this Dead ot Trust may nnw or hereafter be otherwise secured, whether
<br />by mortgage, deed of trust, pledge, lien, assignment or ptharwiae. Neither the acceptance of this Deed of 7rust nor its anfarcement,
<br />whether by court action or pursuant tp the power af sale qr qther ppwers contained in this Deed of Trust, shall prejudice vr in any
<br />manner �ffect Trustee's or Lender's right to realize upon or enforce any other security now or hereafter held k�y Trustee or Lender, it
<br />beina �greed that Trustee and Lender, and each of them, shall be entitled to enforce this Deed of Trust and any ather security now or
<br />hereafter held by Lender or Trustee in such order and manner as they or either of them may in their absolute discretion determine. No
<br />remedy conferred upon or reserved to 7rustee or Lender, is intended to be exclusive pf any pther remedy in this Deed of Trust or by
<br />law provided or permitted, but each shall be cumulative and shall be in additfon to every other remedy given in this beed af Trust or
<br />now or hereafter existing at law or in equity or by statute. Every power or remedy given by the Note or any pf the Related �ocuments
<br />to Trustee or Lender or to which either of them may be otherwise entitled, may be axercised, cancurrently or independently, from time
<br />to time and as often as may be deemed expedient by Trustee or Lender, and either of them may pursue inconsistent ramedies.
<br />Nothing in this Deed of Trust shall be construed as prohi6iting Lender from seeking a deficiency judgment against the Trustor to the
<br />extent such action is permitted by law. Election by Lender to pursue any remady shall not exclude pursuit of any other remedy, and
<br />an electiqn to make expenditures or to take action to perform an obligation af Trustor under this Deed of Trust, after Trustor's failure
<br />to perform, shall not affect Lender's right to declare a default and axercise its remedies.
<br />Raquest for Notice. Trustor, on behalf of 7rustor and Lender, hereby requests that e copy of any Notice of Default and a copy of any
<br />Notice of Sale under this Deed of Trust be mail�d to Them st the eddresses set forth in the first paragraph of this Deed of Trust.
<br />Attorneys' Fees; Expenses. If Lender institutes any suit or actiqn to enforce any of the terms of this Deed of Trust, Lender shall be
<br />entitled to recaver such sum as ihe court may adjudge reasonable as attorneys' fees at trial and upan any appeal. Whether or not any
<br />court action is involved, and to the extent not prohibited by law, all reasonable expenses Lender incurs that in Lender's opinion are
<br />necessary at any time for the protection of its interest or tha enforcement of its righta shall become a part of the Indebtedness payable
<br />on demand and shall bear interest at the Note rate from the date of the expenditure until repaid. Expenses covered by this paragraph
<br />include, without limitation, hpwevar subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal expenses,
<br />whather pr not there is a lawsuit, including attorneys' fees and expenses for bankruptcy procsedings (including efforts to madify ar
<br />vacate any automatic stay or injunction), appeals, and any anticipated post-judgment collection sarvices, the epat of searching
<br />records, obtaining title reports (including foreclosure reportsl, surveyors' reports, and appraisal fees, title insurance, and fees for the
<br />Trustee, to the extent permitted by epplipable law. Trustpr also will pay any court costs, in addition to all other sums provided by
<br />law.
<br />Rights of Trustee. Trustee shall have all of the rights and dutiea of Lender as set forth in this section.
<br />POWERS AND 08LIGATIONS OP TRUST�E. The following prpvisians relating tp the powers and obligations of Trustee are part of this
<br />Deed of Trust:
<br />Powers of Trustee. In addition tv all ppwera af Trustee erising as � matter pf law, Trustee shall have the power to take the following
<br />actions with respect to the Property upon the written request of Lender and Trustor: (a) join in preparing and filing a map ar plat of
<br />the Real Property, including the dedication of streets or other rights to the public; (b) join in granting any easement or creating any
<br />restriction on the Real Property; and (c) join in any subardination or other agreement affecting this Deed of Trust or the interest of
<br />Lender under this Deed of 7rust.
<br />Trustee. Trustee shall meet all pualifications raquired for Trustee under applicable law. In addition to the rights and remedies set
<br />forth above, with respect ta all or any part of the Property, the Trustee shall have the right to foreclose by notice and sale, and Lendar
<br />shall have the right to fpreclose by judicial foreclosure, in either case in accordance with and to the full extent provided by applicable
<br />law.
<br />Successor Trustea. Lender, at Lender's option, may trom time to time appoint a successor Trustee ta any Trustee apppinted under
<br />this Deed of Trust by an instrument executed and acknowledged by Lender and recorded in the nffice of the recorder of HALL County,
<br />State of Nebraska. The instrument shall cantain, in addition to all ather matters required by state law, the names of the original
<br />l.ender, Trustee, and Trustar, the 600k and page (or computer system reference) where this Deed of Trust is recorded, and the n�me
<br />and address of the successor trustee, and the instrument shall be executed and acknawledged 6y all the beneficiaries under this Deed
<br />of 1'rust or their successors in interest. The successor trustee, without conveyance of the Property, shall succeed to all the title,
<br />power, and duties conferred upon the Trustee in this Deed of Trust and by applicable law. This procedure for substitutipn pf Trustee
<br />shall govern to the exclusian of all other provisions for substitution,
<br />NOTICES. Any natice required to be given under this Deed af Trust, including withaut limitation any notice of default and any notice of
<br />sale shall be given in writing, and shall be effective when actually delivered, when actually received by telefacsimile (unless otherwise
<br />required by law1, when depasited with a nationally recognized overnight courier, or, if mailed, when deposited in the United States mail, as
<br />first cl�ss, certified or registered mail pos[age prepaid, directed to the addresses shown near the beginning of this Deed of Trust. All
<br />copies of notices of foreclosure from the holder of any lien which has priority over this Deed of Trust shall be sent to Lender's address, as
<br />shown near the beginning of this Deed of 7rust. Any party may change its address fnr notices under this Deed of Trust by giving formal
<br />written notice tv the other partias, specifying that the purpose of the notice is to change the party's address. For notice purppses, Trustor
<br />egrees tp keep Lender informed at all times of Trustor's current address. Unless otherwise providad pr required by law, if there is more
<br />than one Trustor, any notice given by Lender ta any Trustor is deemed tn be notice given to all Trustors.
<br />MISCELLANEOUS PROVISIONS. 7he following misCellanppus provisivns ere � part of this Deed of Trust:
<br />Amendments. 7his C7eed af Trust, together with any Related Documents, constitutes the entire understanding and agreement af tha
<br />partiss as to the matters set forth in this Deed of Trust, No alteration of or amendment to this Deed of Trust shell be effective unless
<br />given in writing and signed by the party or parties avught to be charged ar bound by the alteration or amendment.
<br />Annual Reports. If the Property is used for purposes other than 7rustvr's reaidenca, Trustor shall furnish to Lender, upon request, a
<br />cartified statement of net operating income received from the Property during Trustor's previous fiscal year in such form and detail as
<br />Lender shall require. "Net operating income" shall mean all cash receipts from the Property less all cash axpenditures made in
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