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o4-2t-1998 DEED OF TRUST QQ Page 6 Loan No 702654 (Continued) �JV� 1�391� shall be povemed by and construed in accordance with the laws of the State ot Nebraska. Caption Headin9s. Caption headings in this Deed of Trust are for convenience purposes only and are not to be used to interpret or define the provisions of this Deed of Trust. Merper. 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 capaciiy,wffhout the written consent of Lender. Multiple Partbs. 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 pe►sons SigNng below is responsible for dl obligaHons 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 flnding shaH not render that provision invalid or unenforoeable as to any other persons or,circumstances. If feasible,any such offending provision shall be deemed to be modiHed to be wNhin the limits of enforceability or validity; however,if the offending provision cannot be so modified,it shall be stricken and ail other provisions of this Deed of Trust fn all other respects shall remain velid and enforceable. ? Succeseors and Assl�ns. Subject to the limitations stated in this Deed of Trust on transfer of Trustor's interest, this Deed of Trust shall be binding upon and inure to the benefit of the parties,their successors and assigns. If ownership of the Prope�ty becomes vested fn a person ? other than Trustor, Lender, without notice to Trustor, may deal with Trustor's successors with reference to this Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Trustor irom the obligations of this Deed of Trust or liability under the Indebtedness. Time Is of the Esaence. Time is of the essence in the performanoe 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 Documents) unless such waiver is in writinq and signed by�eiider. No deley or�missicn on the pa�t of Lender in exercising any rigM shall operate as a waiver of such right or any other right. A waiver by any party of a provision of this Deed of Trust sha0 not consNtute a waiver of or prejudice the party's right otherwise to demand strict compliance with that provision or any other provision. No prior waiver by Lender, nor any course oi dealing between Lender and Trustor, shall constitute a waiver of any of Lende�'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 granting 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 Iaws 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 ,�� 1 : N W SARGENT WANDA M SARGENT INDIVIDUAL ACKNOWLEDGMENT STATE OF 1 l� COUNTY OF 1 On this day before me,the undersigned Notary Public,personally appeared JOHN W SARGENT and WANDA M SARGENT,to me known to be the individuals described in and who executed the Deed of Trust,and acknowledged that they signed the D d of Trust as their free and voluntary act and deed,for the uses and purposes therein mentioned. 1 Given under my hand and 9f(Icial seal this �T_day of BY r�T �l,' �ENFRA� Notery Public In an the S e o �"'�`*„�`;,�, k`/��jAAKSr Residing at My�O�i�M��Mf�°�NPbra$� My commission expires p q��12C�'�N a v i � 1 �� ! � " . I_