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�._.� ..:. . _... 04-15-1998 DEED OF TRUST �e Page 6 Loan No 699710 (Continued) 0-- 1(�3+�94 Caption Headings. Caption headings in this Deed of Trust are for convenience purposes only and are not to be used to interpret or define 1he provisions of this Deed of Trust. Meryer. There shall be no merger of the interest or estate created by this Deed of Trust with any other interest or estate in the Property at any time held by or for the benefit of Lender in any capacity,without the written consent of Lender. Multiple Parties. All obligations of Trustor under this Deed of Trust shall be joint and several,and all references to Trustor shall mean each and every Trustor. This means that each of the persons signing below is responsible for all obligations in this Deed of Trust. Severability. If a court of competent jurisdiction finds any provision of this Deed of Trust to be invalid or unenforceable as to any person or circumstance,such finding shall not render that provision invalid or unenforceable as to any other persons or circumstances. If teasible, any such offending provision shall be deemed to be modi8ed to be within the limits of enforceability or validity; however, if the offending provision cannot be so modifled,it shall be stricken and all other provisions of this Deed of Trust in ail other respects shall remain valid and enforc�able. Succesaors and Asaipns. Subject to the IfmitaHons stated in this Deed of Trust on transfer of Trustor's inter�t, this Deed of Trust shall be binding upon and inure to the benefit of the parties,their succ�sors and assigns. If ownership of the Property becomes vested in a person other than Trustor, Lender, without notice to Trustor, may deal with Trustors sucxessors with reference to this Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Trustor (rom the obligations of this Deed of Trust or liability under the Indebtedness. Time Is of the Essence. Time is of the essence in the performance of this Deed of Trust. Walvers and Consents. Lender shall not be deemed to have waived any rights under this Deed of Trust (or under the Related Documenis) unless such waiver is in writing and signed by Lender. No delay or omission on the part of Lender in exercising any right shall operate as a waiver of such right or any other right. A waiver by any party of a provision of this Dee�of Trust shali not constitute a waiver of or prejudice ihe party's right otheiwise to demand sMct compliance with that provision or any other provision. No prior waiver by Lender, nor eny course of dealing between Lender and Trustor, shall constitute a waiver of any of Lender's rights or any of Trustor's obligations as to any future transactions. Whenever consent by Lender is required in this Deed of Trust,the grenting of such consent by Lender in any instance shall not constitute continuing consent to subsequent instances where such consent is required. Waiver of Homestead Exemption. Trustor hereby releases and waives all rights and benefits of the homestead exemption laws of the State of Nebraska as to all Indebtedness secured by this Deed of Trust. EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST,AND EACH TRUSTOR AGREES TO ITS TERMS. TRUSTOR: X X K � R ERT C OLDT L �DA K PETZOLDT INDIVIDUAL ACKNOWLEDGMENT STATE OF ) )SS COUNTY OF ) On this day before me,the undersigned Notary Public, personally appeared ROBERT C PETZOLDT and LINDA K PETZOLDT,to me known to be the individuals described in and who executed the Deed of Trus�d acknowledged that the si ed the Dqe�of Trust as t ' free and voluntary act and deed,for the uses and purposes therein mention d / Given under my hand and officfal seal this � day of • � � ,19 . ,. . .._.. � By i,: �Fy� Notary Public in an or the St f `•,,; {y�lN�lq Residing at ` � �(/q 9�S/ My commission expires Z Z Q �"�.�o/��p( �c<p�NPb, J?10/V 0 � �, -- • . a .� .Q� ,�