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<br /> ..:� 98- i+�9�►� �.
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<br /> . � � � tions, Beneficiary may, from time to time and without notice (i) release any �=_
<br /> peraon ao liab].e, (ii) extend the maturity or alter any of the terms of such ,�_.
<br /> obligation, (iii) grant other indulg�ncea, (iv) rele�ae or reconvey, or Qauae g�;..
<br /> -y=�� �• ;�� to be releaeed or reconveyed at any time at Beneficiary's option any pa�cel., —
<br /> ., portion ar all of the Property, tv) take or release any other or additional o
<br /> � ' security for any obli.gation or indebtednesa herein mentioned, or (vi) make `-
<br /> ;��1�. compositions or other arrangements with debtors in rel ation thereto; (i) in
<br /> � — addition to the rights and powers gi�en to the Tr�stee and Beneficiary
<br />,,�.i� herein, the Beneficiary ehall have all euch other rfghts both in law and
<br />=- equi�y for collection of the indebtednesa secured hereby as it would have but
<br /> �'� for this D�aed of Trust t (j) all covenants and agreements of Truator aet forth
<br /> � ����'` in thie Deed of Truet shall be joint and aeveral; (k) this Deed of TYUSt =
<br /> :.��'���; shall be �overned by the lawa of the State of Nebraska; (1) in the event any
<br /> ` _..u. one ox more of the provisiona contained in this Deed of Truet, or the Note or
<br /> ° -- � "" any o�her security instrument given in aonnection with the indebtednega
<br /> "�..t�;s' hexelay aecured ahall for any reason be held to be invalid, illegal or
<br /> *'�`'•�"�f• unenforceable in any respect, such invalidity, illegality, oz unenforce-
<br /> :' �` ;�� .
<br /> -;=;�::.ti, ability �hall, at the option of Berae�i.ciary, not af#ect any other provis on
<br /> -'N;,;:`"'" of this Deeu �f Trust, hut this D�e�? of Tr�s*_ eha?7 b� eonatrued as if such
<br /> �� `` �°�'' inva�.�.d, illegal, or unenforc�able provision had never been contained herein
<br /> = oz. thex�ein. If the lien of thi,s Deed of Trust is invalz.d or unenforceable as
<br />��=��_�''��: '�p any part of the indebtedness hereby aecured or evidencsd by the Note, or
<br /> '� if the lien is invalid or unenfbrceable ae to any par� of the Property, the
<br />, '�;:`�r; .
<br />- • .� unaecured or partially secured portion of euch indebtedness ahall be
<br />-`�"'�'�� Y� completely paid prior eo ttae paym�nt of the remaining and secured or
<br />_.,:�.-�r..
<br />_�:-?' •� partially secursd portion of suc1� indebtedness, and all payments made on auch
<br /> =�:��"� indebtedness, cahether voluntary or under foreclosuze or other enfdreement
<br /> __�_�� action or pxoCedure, shall be considered ta. have been first paid on and .
<br /> - ------- �ggZ i A� r� r.h� �uli payrnent of that portion of such indebtednees which is..x�ot
<br /> ����
<br /> ,�� secured or noti fully seoured by the lsen af this Deed ot Trust; and {m}� •�i�e
<br /> ___---- covenants and �asreements contait�ed in this Dee�l af Tru�t shall bind, an�,.tik��
<br /> ---=-- benefits and advantagea he�eo� ahall inuxe to the respectiv� h���`�,:' .
<br /> '°"°"� � executor.s, administrators, �uccessors .and assigna o� the parties h��Qto. ,
<br /> - ��E�;��� � Wherever used herein, the e3.ngular number eMa13 include the plu�al.��•�t�.d
<br /> --=?� conversely, and the use of any gender dhall bQ� appli cable to all gei�der�.,
<br /> - — Wherever the term "Beneficiazy" 3s used herein, it ahall include the �3.ega1
<br /> --- halder or holders of the Note ar the indebtedness secured hereby. . .
<br /> " -- SEVFNTH. Upon written request of Beneficiary atating that all amounta �
<br /> and indebtedness secured hereby have been �aid, and uposi eurrender of this
<br /> Deed of Trtigt aad the Note to Trustee for the cancellatimr, and re�en�ion and
<br /> upon payment by Truator of Trustee's fees, Trustee s13a11 reconvey to Trustor,
<br /> or the person ar persons legally entitled tch�ereta, without warranty, any
<br /> — portion of the Property then hQld by Tru�stee hereµnder. The recitals in such
<br /> - -..::;,�,� reconveyance of any mattarg or facts sha3.�,,.be concluaive proof of the
<br /> - truthfulness thereof. The gr.antee of any reconveyanae may be described as
<br /> = � .��the peraon or persons legally entitled thereto: "
<br /> � � � � i�. Fxcept .for any notices, demanda, requests or other communfca-
<br /> ---_��.=n� .�,:'� tiane required under .applicable law to be given in anot�ter manner, whenever
<br /> : . Beneficiary, Trustor . or Trustee gives or serves any �notice (including,
<br /> - -= without limitat;ion, notice of .default and aoti.�ae of eale) , dema�ds, requeats
<br /> �'�i • or other communicatione with xe�pect to this l�eed of Truat, eacYasuch netice,
<br /> — -- demand, request or other communication shal�. �be ia writing and ahall be
<br /> :_�::�q,�.:� effective oaly if the same is delivered by personal service or ma3J:ed by
<br /> --.���-„�.� certified mail, postage prepaid, return receipt requested, addressed .to:the
<br /> _���='�;'�� addrese of the party to whom m�iled as se� forth at the end o� this Deed of
<br />� --�=-�� Trust. Any party may at any time change a.ts adalxesa for suc�. noticee by ..:
<br /> �-��--LR�MJ7Y
<br />-`-�,,�:;z:'��.� deliveri.ng or mailing to the other parties hereto, as aforesaa.d,. a notice df ,•,
<br /> . .,,;._
<br /> --�•��•.+t?� auch change. Any na�.iae hereunder ahall be dee��d to have �be�n givei� t�
<br />:: • : �" �' Trustor or Beneficiary when given in the manaer designated he��:in.
<br /> '�-l�� � IN WITNESS WHEREOF, the Trustor has signed and del ivered th3.s Deed of �
<br />. - �":;,±�,�.-� Truat the day and year firat above written. .
<br /> -.:. � . :�� _ L
<br /> . �s Ja s�P. Masat, Trus� Caral A. Masat
<br /> �-" Post Of f ice Addzess:
<br />_ e 803 E. Phoeni�c
<br /> " Grand Island, NE 68801
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