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<br />any right, remedy, power or privilege. No Lender delay or tailure to demand strict adherence to the terms of this
<br />Security Instrument shall be deemed to con5titute a course of conduct inconsistent with i ender's right at any time,
<br />before or after an event of default, to demand strict adherence to the terms of this .5ecurity Instrument and the
<br />Related Documents.
<br />SUBSTITIITE TRUSTEE. Lender, at its option, rx►ay rrom time to time remove Trustee and appoint a successor
<br />trustee to any Trustee appointed hereunder by an instrument recorded in the county iti which this 5ecurity
<br />Instrument is recorded. Withnut conveyance of the Property, the successor trustee shall succeed to all the title,
<br />pnwer and duties conferred upon '1 herein and by applicable law.
<br />JO.INT AND SEVERAL LIABILITY. If this Security Instrument should be signed by more than one person, all
<br />persons executing this Security [nstrument agree that they shall be jointly and severally bound, where permitted by
<br />law. °
<br />SURVIVAC�. Lender's rights in this Security Instrument wi11 continue in its successprs and assigns. This Security
<br />Instrument is binding on a11 heirs, executors, administrators, assigns and Successors of Grantor.
<br />NOTICES AND WAIV�;It OF 1vOTICE: Unless otherwise required by applicahle 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 af 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 />extant permitted by law, Grantar waives notice of Lender's acceptance of this Security Instrurnent, defenses based
<br />on suretyship, any defense arising from any election by Lender under the United States Bankruptcy Code, Uniform
<br />Commercial Code, as enacted in the state where Lender is lacated or ather applicable law or in equity, demand,
<br />notice of acceleration, notice of nonpayment, presentment, protest, notice of dishonor and any other notice.
<br />REQUEST NOR NOTICFS: Grantor requests that copies of the notice of default and noCice of sale be sent to the
<br />address of each party given at the beginning of the Security Instrument.
<br />TO THE EXTENT P�RMITTED BY LAW, GRANTOR WAIVES ANY RIGHT TO NOTIC�, OTHER
<br />T�IAN THE NOTICE PR�OVIDED ABOVE, AND WAIVES ANY RIG�IT TO ANY HEARINCG,
<br />JUDICIAL OR OTHERWISE, PRIQR TO LEND�R �XERCISING 1TS RIGHTS UNDER THIS
<br />SECURITY INSTRUMENT.
<br />WAIV�R OF APPRAISEMEN'I" RTGHTS. Grantor waives all ap�raisement rights relating td the Property to
<br />the extent permitted by law.
<br />I..ENDEit'S EXPENSES. Grantor agrees to pay all expenses incurred by Lender in connection with enforcement
<br />of its rights under the Indebt�dness, chis 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. Lender may assign or otherwise transfer tltis Security Instrument or any of Lender's rights
<br />under this Security Instruinent without notice to Grantvr. Grantor may not assign this Security Instrument or ar�y
<br />part of the Security lnstrument without the express written consenC of Lender.
<br />GOVERNING I.AW. This Security Instrument will be governed by the laws of the 5tate of Nebraska including
<br />all proceedings arising from this Security Instrurnent.
<br />SEVERABILITY. Tf a court of competent jurisdiction determines any term or provision of this Security
<br />Instrument is invalid or prohibited by applicable law, that term or provision will be ineffective to the extent
<br />required. Any term or provision that has baen determined to be invalid or 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 7'RIAI.. All parties to this Security instrument hereby knowingly and voluntarily
<br />waive, to the fullest extent permitted by 1aw, any ri�ht to trial by jury oF any dispute, whether in contract,
<br />tort, or otherwise, arising out of, in connection witl�, related to, or incidental to the relationship established
<br />between them in this Security Instrument or any other instrument, dncument or agreement executed ar
<br />delivered in connectian w►th this Security Instrument or the reluted transactions.
<br />ENTIRE AGREEME,NT OF THE PARTIES. This agreement, including all agreements referred to or
<br />incorporated inta this agreernent, constitutes the entire agreement batween the parties relating to the subject rnatter
<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 agreemenC and cannot be changed ar
<br />ternunated orally, and shall be deemed effective as of the date noted above.
<br />By signing this Security Instrument, each Grantor acknowledges that all prnvisians have been read and
<br />under= d. Signed and seal by Grantor(s):
<br />. f . , ��j�,'C�
<br />Thomas E. Towne Date
<br />Individually
<br />� 2004-2010 Complixncc Systcros, Inc. F9A7-1F�5 - 2010.053ti5 � .
<br />Conunerciul Renl listnle Sneurity Inslrument - DL4007 Pugc 4 of 5 unvw.compliancesysic�ns.cum
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