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<br />Security Instrument shall be deemed tn constitute a course of conduct inconsistent with L.ender's right at any time,
<br />before or after an event of default, to demand slrict adherence to the terms of this Security Instrument and the
<br />Related Documants.
<br />SUSSTTTUTE 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 instxument recorded in the county in which this Security
<br />Instniment is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title,
<br />power and duties conferred upon Trustee herein and by applicable law.
<br />JOIIVT AND SEVERAL LIABILITY. If this Security Instrument shauld be signed by more than one person, all
<br />persons executing this Security Insirument agree that thay sha11 be jointly and severally baund, where permitted by
<br />law.
<br />SURVTVAL. Lender's rights in this Security Instrument will continue in its successors and assigns. 'I'his Security
<br />Instrument is binding on all heirs, ex�cutors, admuustrators, assigns and successors of Grantor.
<br />NOTICES AND WAIVER OF NOTICE. Unless otherwise required by applicable law, any notice or dexnand
<br />given by Lender to any party is considered effective whcn it is deposited in the United States Mail with the
<br />appropriate postage. A copy of any notice shall be rnailed to each party at the adda'ess of the party given at the
<br />beginr►ing of this Security Instrument unless an alternative address has been provided to Lender in writing. To the
<br />extent permitted by law, Grantor waives notice of Lender's acceptance of this Security Instrument, 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 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 />REQUE$T 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 />'�O THE EXTENT PERMITTED BY LAW, GRANTOR WANES ANY RIGHT TO NOTICE, OTHER
<br />THAN THE NOTICE PROVIDED ABOVE, AND WAIVES ANY RIGHT TO ANY HEARING,
<br />JUDICIAL OR O'THERWISE, PRIOR TO LENDER EXERCISiNG ITS RIGHTS iIND�R THIS
<br />SECURITY INSTRUMENT.
<br />WAIVER OF APPRAISEM�NT RIGHTS. Grantor waivcs all appraisement rights relating to the Property to
<br />the extent pernutted by law.
<br />LENDER'S EXPENSES. Grantor agrees to pay all expenses incurred by Lender in connection with enforcement
<br />of its rights under the Indebtedness, this Security Instnunent or in the avent Lender is made party to any litigation
<br />because of the existence of the Indebtedness or this Security Instrument, as well as court costs, callection charges
<br />and reasonable attorneys' fees and disbursem�ents.
<br />ASSIGNASILITY. Lender may assign or otherwise transfer this 5ecurity Instiument or any of Lender's rights
<br />under this Security Insh without notice to Grantor. Grantor may not assign this Security Instrument or any
<br />part of the Security Instrument without the express written consent of Lender.
<br />GOVERNING LAW. This Security Instrument will be governed by the laws of the State of Nebraska including
<br />all proceedings arising from this Security Tnstrument.
<br />SEVERABII.ITY. If a court of competent jurisdiction determines any tezm or provision of this Security
<br />Tnstrument is invalid or prohibited by applicable law, that term or provision will be ineffective to the extent
<br />requix'ed. Aaay term or provision that has been detemuned to be invalid or prohibited will be severed from the rest
<br />of the Security Instzument without invalidating the remainder of either the affected provision or this Security
<br />Instrument. "'
<br />WAIVER O�" JURY TRIAL. All parties to this 5ecurity Instrument hereby knowingly and voluntarily
<br />waive, to the fullest extent permitted by law, any right to trial by jury of any dispute, whether in contract,
<br />tort, or otherwise, arising out of, in connection with, related to, or incidental to the relationshtp established
<br />between them in this Security Instrument or any other instrument, document or agreement execated or
<br />delivered in connection with this Security Instrument or the related transactions.
<br />ENTIRE AGREEMENT OF THE PARTIES. This agreeranent, including all agreements referred to or
<br />incorporated into this agreement, constitutes the entire agreement between the parties relating to the subject matter
<br />of this agreement. This agraement supersedes all prior oral or written agreements, commitments and
<br />understandings between the parties relating ta the subject matter of this agreement and cannot be changed or
<br />terminated orally, and shall be deemed effective as af the date noted above.
<br />By signing this Security Instrument, each Grantor acknowledges that all provisions have been read and
<br />understood. Signed and sealed by Grantor(s):
<br />RIEF DEVELOPMENT, L.L.C.
<br />� �Z � �
<br />By: Scott R.�ef Date
<br />Its: Member
<br />� 2004-2010 Compliancc Systcros, Ine. F947-BAEE - 2010.0,5.365
<br />Commereial Resl Estate Securiry Ins[rumen[ - bIA007 Page 4 of 5 www.eomplianeeaystema.com
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