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201009606
<br />f . p��i� OF TR,�1ST
<br />. Loan No: 7 0 7 234668 (�p�1#`If1uBd)
<br />P�ge 7
<br />sha.11 have the right to fareplose by judicial forecivsure, in either case in aocardance w.ith and ta the ful) extent provided by applivable
<br />law.
<br />5u.cce.sanr Truat�aa. Lender, a.t LQnda�'s option, may trpm tirrte to time appoint a suc.cesso.r Trusta� to a.ny Tru�ta� eppainted under
<br />this peed of Trust by e:n in9trUme.nt pi�'e.cutied and ��kn�vvJedged by L.en��r en�i racar,de�d in tha n.ffiG� bf the racord.�r' qf HAL.�. Gounty,
<br />State ot NebrA�ka. The. in�trurrment Stj�'ll eontqfn, in. �dditian to. all ather matters requirad by state lew, the name5 of the o�iginai
<br />Lender, Trugtea, arrd Trustor; the. bS�pk and p�ga. (ar computec �yafem refprgno�) W.h�rH th�s I�aed pf. Tru&t i$ rec:orded, and tlie name
<br />and address of th� sy.cos.aspr trusfe.g; and the insfrumenf SMall be execl�ted aCld acknOwledged by 911 the barieficiaries under th.is Deed
<br />of Trust. or fheir succe.s.SOrs in intelrest; Th8 succ99spr tYus�ee,. yvithout cohvt�ye�nce pf. the Prnperty; shall aucceed to ali the title,
<br />power, and d�itl�s cqrlf8rred upon the TruStee in �hi� pae.d of T.r,�lsti �rld by qp.pliCabl� lew. Tliis procedure for substitution of 7rustee
<br />Sh�l.i gpVern tn fhe exclusioh o.f all oth�r �roVisions for subst'itutiti�.
<br />NpTIC�S; Any notics required ta be given. u.nd@r thig D$ed of Trust, inGluding wiithnut limitetion any nvtice of d�fault and any notice af
<br />saie shall be given in writi�lg, and ahall be effectiVe when. actu.a'Uy delivecp.d, whan �Ctu.ally rec,�ivad by fe.lsfi�csimile. lunlees ofherWise
<br />requi by law) when de.p,psite,4 with a nat�onally recogniz.�d oVernight c.o4�riar, oc, i.f ineil.�d, when depQ�it�.d in tha U.njted States m.ail, as.
<br />first clas:s, certified or regl'ST�red. mWil posta:�e pr�paid, diracted. Co ths addrasses �F1own near the beginni'ng of tFiis p:ae.d o.f 1`rust.,. All
<br />copie,s of notices of. fpr�cl.asura f.(ofri the holdar of any lien which hds priority over thiS Deed pf Trust, shall be sent ta I.ender's a�dress, �a
<br />ahown ne,ar the bgginnin.g of this qe,ed of Trus�. Any pa�tY may change its. a.ddresa' fbK notice9 u.nd@r thig �e.ed pf 7ru�1 by gjving formal
<br />written nqtice to tha ofFie� partiea, specifying ttiat The p.u.rpase of the nn#ic�g is tn chiang� tha party's address. Fo� tio.tic.9 purpases, 7rustor
<br />agrees. tp keep Lender Informed st all Cim@s of 7rustor's current sddress, Unless pfhe.�wise pravidad or required by IaW, if there is mare
<br />than ane 'frustor, any noties given by Lender tp eny Truatnr is. deemed. 4o be notiice given to all Trustors.
<br />MISC�L,L�4N�QUS F'Ci�VISJ�N&: The fpllpwing rltisaallaneous provisiona are a part of this Deed of Trust:
<br />Amandments. This. D,�ed of Ttust, tp���h;e..r With akj�+ Relatsd Documenxa, constitut�s the en.tire understandjng and �gr@a.ment of the
<br />parties as tp thie mattar's s�t, fQ�th 1n tljls �e�i� of Trus.t. Np altar�tian of or amendmen.t to t.hi Peed bf Trust; sh�ll be effective Unleas
<br />gI'ven in w�ifing and si,gn�d kiy th:e party ot p�rt'iss saught to, b� c.hsrged q'r bnund by th� alte'r�tion oY amendmant.
<br />Annual. Reports, I.t thq Prbperfy Is u..sad fp.r purpq.ge:s. othe.f than Trustar'g re9idence, TrusCbr shall furnish ta L.ender, upan request, a
<br />ce�tified stat�rnQnt pf net pperating in�Omg rac�jv8a frprrj tlie PropQrty duri�g T�'ustar'� p.�evipua f.jsC�l yaar in such fprm and detail as
<br />Gantler ahall require.. "Net. oRerating incame" sh�ll m8an e.C.l ca.sh receipts frorri the ptaperty less all cssh ex, p,ertditures rri�de in
<br />connectioh with the oqeiation t�f the Prvpe�ty;
<br />... , . ,
<br />Gep�ivn He�din�a. Captian:.(�.Qadi.r�g'a�; fn:�:�his Deed of Trust ara far cqnveniance pwr�ioses only and are nnt to be used to interprec pr
<br />define the proVisions of;tj4B �1�ti��C pf �'CSJSt.
<br />�'�ro �rn�/�e�r of ���i�t�fes� pf,qsta� qr�e���d ,b.y this D@@d p� Trug� �y,3 any pther inte..rest nr �staxe in the
<br />prg��. ere s a
<br />, , :.
<br />P Y Y � `tha ��f�.� �f I.� d'e'r" m��i � ati� �� w�r�tFypli� tY►F� W�'atte[� �y�r�9e�A� qf ��nS�@l�
<br />pra ert at an tiR1e k��lt1 by �r; �q( q �i ,,;'� �
<br />Crb�erping I,aw `�%� :���' q1` "�tust vyj�ll be �o�rn�� . ,�1Y f�dera11�1GM" ��F�ic;�Ifle �o L�ni�er �h�i,,'!q �� .�xtp�it �d�'..preampted by faderal
<br />law, the laws..�f,#k�e gtat� of I�ebr'as�Ca wit aut rag�rd to hs con�ll�ts of lariv provisio�a. fihia beed ni Truat has baen accepted by
<br />Lender in tkie ,��te of Nebraska:
<br />Ch.oice of V��1U�. If there is a I.ewsuit, Trustqr agrees upon I.ender's raqwest tv suFamit to Ehe jur.isdiction of the courts vf Hall County,
<br />State nf. I�el�raska,
<br />No W.p�V.er by l.anda►. l,ende'r shall nai b.e deemed to have waived any rig'nts under this DeBd of Trust unless such w�iver i.� given in
<br />writin.g and �I�(tiQa I�y Lander. No. tiela.y or pm.i'ssiqh on the part af Lprlder iti ezafoising any rfght shall operate as a waiver p1 suCh.
<br />right or �ny o.the� right. A viraiver by Lender of e prpvisi6n of thi.s psed of TrUsx &tiel�. nnt pr�judic,e or cor►siit'ute a w;aiver ot Lend�.r�s
<br />ri.ght otherwi$.e. to de'mand str�ot cqmpliancs. with tF�at p.roVi�inr� or any othar provlslqn. af thfs D9ed of ?'ry:st,. Na pridr waiver by
<br />Lender, nvr any ��;ur's� of daali�g p,�twe9n L�nder and Trust shall constituta; a wel�er of any af I.e.ndar`s rights pr of any o.f
<br />Trustor'� qbli.$ationa a.s to any luture �r�ns�ptfA'n�. Whenever tha coneent of Lend.er la r�quired under thia Deed o# Trust, the granting
<br />�f such �onsent by .L.BRdBr in any inst8n.ce shsll no.t cpnstitutp q:qntinuing co�.sent to subSequent instances where such cansent is
<br />required and 'in al� cases such con��nx rrtdy tag granted or withhald in the eal� discreflon of l.ender:
<br />Sgverability.. If a cpurt at corrtp.a.tQnt ju�isdiction finds eny p[dVl�i:pn af. this peed af 'fruat to t�s illegal, invalid, ar un�nfordeable as ta
<br />any circumstance; th.s.t finding sh811 nqf mak8 the offer�clin� provision illegal; invalid, ar unenfRiceabls as to �ny c�ther circumstanco. Ii
<br />feaS�kle, the offet�ding provi�ian shall �Q cpnsldered mOdifieii .so that it. becoma� leyal valid anti enf�resat�le. If the p,ffending
<br />provisio.n aenno# be aa mod.ified, it shall be considered d9leted from this Qeed of Trust. Unless otherwis,e required by Isw, tho
<br />illegality, invalldity;. pP unHnfo.rcaability of any pro.vislan of this pead oi 7ruat shall not af(ecf fhe legality, validity or enfarcea6ility of
<br />any other provis'ion aF thia peed a,f 7rust:
<br />Successors and Assl�na. SubJact to any limitations stated in this Deed pf 7rust on transfer of Trustor's interest this qeed �t 7rust
<br />shall be binding yppn and inure ta tha b�nefit af the partie�, their �uccesaora and asalgns. If nwner9hiq pf the Property bQcome.s
<br />vested In a per$or1 other then 1'rustor, Lender, vcrithqut niitice to TrU$tor, may deal wiCh Trustor'8 succeasqrs witFi refarence tb this
<br />L7e�d of Trust and the Indabtadness by way of farbearance or extension without releasing Trustor from the opligatipns ot this [�eed of
<br />7rust ar liability under the Indebtadness.
<br />Time Is of tha Essence. Time is ot the essence In the perfarmance of thla Daed nf Trust.
<br />Waiver pf Homeate.ad Exemption. Trustor haraby releases and weives ell rlghts end benafita af the homestead exemption law� pf the
<br />Stete of Nebraske as tp all Indebtedneas secured by this peed of Trust.
<br />DEFINI710NS. The following capitalized words and terms shell have the fpllowing meanings wMen used in this Deed of Trust. U.nless
<br />specifically stated ta tha conirary, all referenGes to dallar amounte shall mean amqunts in lawful' mpnpy pf the Unifed States of Arrterica.
<br />Words and terms used in the singul�r shall include the plural, and the plural shall include the singular, as the cantext may require. Wards
<br />and terma nat atherwise defined in this Dasd af Trust shall have the mean.ings attributed to such terms in �he Unifprm Commercial Cada:
<br />8eneficia�ry. The word "Beneficiary" mepns Flve Points 8ank, and ita suecasanra and assigns.
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