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<br />Security Instrvment shall be deemed to constitute a course of conduct inconsistent with Lender's right at an '�time,
<br />before or after an event of default, to demand strict adherence to the terms of this Security Instrument d the
<br />Related Documents.
<br />SUBSTITUTE TRU5TEE. Lender, at its option, may from time to time remove Trustee and appoint a suc essor
<br />trustee to any Trustee appointed hereunder by an instrwnent recorded in the county in which this S curity
<br />Instntment is recorded. Without conveyance of the Property, the successor trustee shall succeed to all th ' title,
<br />power and duties confened upon Trustee herein and by applicable law.
<br />JOINT AND SEVERAL LIABILTI'Y. If this Security Insirument should be signed by more than one pers n, all
<br />persons executing this Security Instrument agree that they shall be jointly and severally bound, where permi ed by
<br />law.
<br />SURVIVAL. Lender's rights in this Security Instrument will continue in its successors and assigns. This S curity
<br />Instrument is binding on all heirs, executors, administrators, assigns and successors of Grantor.
<br />NOTICES AND WAIVER OF 1�TOTIC�. Unless otherwise required by applicable law, any notice or d and
<br />given by Lender to any party is considered effective when it is deposited in the United States Mail 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 Lender in writing. o the
<br />extent permitted by law, Grantor waives notice of Lender's acceptance of this Security Instrument, defenses based
<br />on suretyship, a.ny defense arising from any election by Lender under the United States Bankruptcy Code, U' orm
<br />Commercial Code, as enacted in the state where Lender is located or other applicable law or in equity, d d,
<br />notice of acceleration, notice of nonpayment, presentment, protest, notice of dishonor and any other notice.
<br />REQUEST FOR NOTICE5: 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, C
<br />THAN THE NOTICE PROVIDED ABOVE, AND WAIVES ANY RIGHT TO ANY HEA
<br />JUDICIAL OR OTHERWISE, PRIOR TO LENDER EXERCISING ITS RIGHTS UNDER
<br />SECURITY INSTRUMENT.
<br />WAIVER OF APPRAISEMENT RIGHTS. Grantor waives all appraisement rights relating to the Prop rty to
<br />the extent permitted by law.
<br />LENDER'S EXPENSES. Grantor agrees to pay all expenses incurred by Lender in connecrion with enfor ement
<br />of its rights under the Indebtedness, this Security Instrument or in the event Lender is made party to any liti ation
<br />because of the existence of the Indebtedness or this Security Instrument, as well as court costs, collection c ges
<br />and reasonable attomeys' fees and disbursements.
<br />ASSIGNABILITI'. Lender may assign or otherwise transfer this Security Instrument or any of Lender's rights
<br />under this Security Instrument without notice to Grantor. Grantor may not assign this Security Instrument r 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 inc uding
<br />all proceedings arising from this Security Instivment.
<br />SEVERABILITY. If a court of competent jurisdiction determines any term or provision of this S curity
<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 e rest
<br />of the Security Instrument without invalidating the remainder of either the affected provision or this S curity
<br />Instrument.
<br />WAIVER OF JiJRY TRIAL. All parties to this Security Instrument hereby l�owingly and volu tarily
<br />waive, to the fullest ea�tent permitted by law, any right to trial by jury of any dispute, whether in co tract,
<br />tort, or otherwise, arising out of, in connection with, related to, or incidental to the relationship esta lished
<br />between them in this Security Instrument or any other instrument, document or agreement egecu ed or
<br />delivered in connection with this Security Instrument or the related transactions.
<br />ENTIItE AGREEMENT OF THE PARTIES. This agreement, including all agreements referred to or
<br />incorporated into this agreement, constitutes the entire agreement between the parties relating to the subject atter
<br />of this agreement. This agreement supersedes all prior oral or written agreements, commitmen and
<br />understandings between the parties relating to the subject matter of this agreement and cannot be chan ed 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 provisions have been re d and
<br />understood. Signed and sealed by Grantor(s):
<br />����� � 7 �� - � C
<br />Robert Arends Date
<br />Individually
<br />m 2004-2010 Compliance Systems, Inc. F947-CABB - 2010.05365
<br />Commerciel Real Estate Security Iestrument - DIA007 Page 4 of 5
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