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20110421G
<br />Security Instiument shall be deemed to constitute a course of conduct inconsistent with Lender's right at any time,
<br />before or after an event of default, to demand strict adherence to the terms of this Security Instrument and the
<br />Related Documents. ;
<br />SUBSTITUTE 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 the county in which this Security
<br />Instrument 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 Iaw.
<br />JOINT AND SEVERAL LTABILITY. If this Security Instrument should be signed by more than one person, all
<br />persons executing this Security Instrument agree that they shall be jointly and severally bound, where permitted by
<br />law.
<br />SURVIVAL. Lender's rights, in this Security Instrument will continue in its successors and assigns. This Security
<br />Instrument is binding on all heirs, executors, administrators, assigns and successors of Grantor.
<br />NOTICES AND WAIVER: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 pariy given at the
<br />beginning of this Security Inshument unless a� alterna�ive address has been provided to Lender in writing.. To the
<br />extettt permitted by law, Grantor waives notice of Lender's acceptance of this Security Inshvment, defenses based
<br />on sureryship, 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 />d
<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 begiiming 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, PRIOR TO LENDER EXERCISING ITS RIGHTS UNDER THIS
<br />SECURITY INSTRUMENT.
<br />WAIVER OF APPRAISEMENT RIGHTS. Grantor waives all appraisement rights relating to the Property to
<br />the extent permitted by law.
<br />LENDER'S EXPENSE5. Grantor agrees to pay all expenses incuned by I,ender in connection with enforcement
<br />of its rights under the Indebtedness, this Security Tnsirument 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. L,ender may assign or otherwise transfer this Security Instru.ment or any of Lender's:rights
<br />under this Security Instrument without notice to Grantor. Grantor may not assign this Security Instrument or any
<br />part of tlie Security Instrument without the express written consent of Lender.
<br />GOVERNING LAW. T'his Security Instrument will be governed by the laws of the State of Nebraska including
<br />all proceedings arising from tlus Security Instrument.
<br />SEVERABILTTY. If 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 been determined to be invalid or prohibited will be severed from the rest
<br />of the Security Instrument without invalidating tlie remainder of either the affected provision or this Securiry
<br />Instrument.
<br />WAIVER OF JiTRY TRIAL. All parties to this Security Instrumenf hereby knowingly and voluntariiy
<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 connect�on with, related to, or incidental to the relationship established
<br />between them in this Security Instrument or any other instrument, document or agreement executed or
<br />delivered in connection with this Security Instrument or the related transactions.
<br />ENTIRE AGREEMENT OF THE PARTIES. This agreemant, including all agreements refened to or
<br />incorporated into this agreernent, constitutes the entire agreement between the parties relating to the subject matter
<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 agreement and cannot be changed or
<br />tenninated orally, and sha11 be deemed effective as of the date aoted above,
<br />By signing this Security Instrument, each Grantor acknowledges that aII provisions have been read and
<br />understood. Signed and seal by G ntor(s):
<br />�- � � ���
<br />�
<br />Brian D. Levander Date
<br />Individually
<br />� 2004-2010 Compliance 3ystemy, Inc. F947-21 DE - 20I0.05365
<br />Commercial Real Fstate Security Instrument _ Dy4pp7 Page 4 of 5 www.comptiancavystema.com
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