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��; � 1�,�' i i r t.� 4:;' <br />��������� <br />NO WAIVER. No delay or failure of I.ender to exercise any right, remedy, power or privilege hereunder shall <br />affect that right, remedy, pnwer or privilege nor shall any single or partial exercise thereof preclude the exercise of <br />any right, rernedy, power or privrlege. No Lender delay or failure to demand strict adherence to the terms of this <br />Security Instrument shall be deerned to constitute a course of conduct inconsistent with Lender's right at any tirne, <br />bef'nre or after an event of default, to demand strict adherence to the terms of this Security lnstrument and the <br />Related Docurnents. <br />SU$STITUTE 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 Che councy in which this Security <br />Instrument is recorded. Withput conveyance of the Property, the successor trustee shall succeed to all the title, <br />powcr and duties conferred upon Trustee herein and by applicable law. <br />JOINT AND SEVERAL LIABILITY. If this Security Instrurnent should be signed by more than one person, all <br />persons executing this Security Instrurnent agree that they shall be jorntly and severally bound, where permitted by <br />law. <br />SURVIVAL. L,cnder's rights in this Security Instrument will continue in its successors and assigns. This Security <br />Instrument is binding on all heirs, executors, administrators, assigr►s and successnrs c�f Grantor. <br />NOTICES AND WA�VER 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 I.ender in writing. To the <br />extent permitted by law, Grantor waives notice of L.ender's acceptance of this Sec.�urity Instrument, defenses based <br />on suretyship, any defense arising frorn any election by Lender under the United States Bankruptcy Code, Uniform <br />Cornmercial Cade, as enacted in the state where Lender 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 copies 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, GRANTOR WAIVES ANY RIGHT TO NOTICE, OTHER <br />THAN THE NOTiCE PROVIDED ABOVE, AND WAIVES ANY RIGHT TO ANY HEARING, <br />JUDICIAL OR OTHERWISE, PRJOR TO LENDER EXERCISING ITS RIGHTS UNDER THIS <br />SECURITY INSTRUMENT. <br />WAIVER OF APPRAISEMENT RCGHTS. Grantor waives all appraisement rights relating to the Property to <br />the extent perrnittcd by law. <br />LENDER'S EXPENSES. Grantor a�rees to pay all expenses incurred by Lender in connection with enforcernent <br />of its rights under the Indebtedness, this 5ecurity Ins�rument or in the event Lender is z�ade party ta any litigatian <br />because �f the existence of the Indebtedness or this Security Instrurnent, as well as court costs, collection charges <br />and reasonable attorneys' fees and disbursements. <br />ASSIGNABILITY. L.ender may assign or otherwise transfer this Security Instrument or any of Lender's rights <br />under this Security Instrurnent without notice to Grantor. Grantor may not assign this 5ecurity Instrument or any <br />part of the Security Instrument without the express writccn consent of Lender. <br />GOVERNING LAW. This Security Instrurnent will be gnverned by the laws of the State of Nebraska including <br />all proceedings arising from this Securrty Instrument. <br />SEVERABILTTY. If a court of competent jurisdiction determines any term or provision of chis Security <br />Instrument is invalid or prohibited by applicable law, that term or provision will be ineffective to the extent <br />required. Any ternn or provision that has been determined to be invalid or prohibited will be severed from che rest <br />of the 5ecurity Instrument without invalidating the remainder of either the affected provision or this Security <br />Instrumcnt. <br />UNIFORM COMMERCIAL CODE (U.C.C.) Grantor grants to L.ender a security intcrest in all goods that <br />Grantor owns now or in the future and that are or will becpme fixtures related to the Property. Grantar agrees that <br />this 5ecurity Instrument shall suffice as a financing statement and may therefore be filed of record as a financing <br />statement for the purposes of Article 9 of the Uniform Cnmmercial Code. Grantor authc�rizes Lender to file any <br />financing statements required under the Uniform Commercial Code. <br />ENTIRE AGREEMENT OF THE PART�ES. This agreement, including all agreements referred to or <br />incorparated into this agreez�nent, constitutes the entire agreement between the parties relating to the subject matter <br />of this agreement. This agreement supersedes all prior oral or wricten agreernents, cornrnitrnents and <br />understandings between the parties relating to �he subject matter af this agreement and cannot be changed or <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 pravisions have been read and <br />understood. Signed and sealed by Grantor(s): <br />� '' ��i <br />, .......__..__ � <br />Ted Rohb Date <br />Individually <br />� 2004•2010 Campliance $ygtem5, Inp. F•�)47-ABU�i - 2U1U.05.365 <br />Cummcrcixl Rcxl Estxtc Sccurity ]nstmment • �)L4007 Page 4 0l" 5 www,tompliancasystemc.cnm <br />