Laserfiche WebLink
201301054 <br />shall be construed as prohibiting Beneficiary from seeking a deficiency judgment against Trustor to the <br />extent such action is permitted by law. <br />14. Request for Notice. Trustors hereby request a copy of any notice of default and that any notice <br />of sale hereunder be mailed to Trustors at the address set forth in the first paragraph of this Deed of Trust. <br />15. Appointment of Successor Trustee. Beneficiary may, from time to time, by written instrument <br />executed and acknowledged by Beneficiary, mailed to Trustor and recorded in the County in which the <br />property is located and by otherwise complying with the provisions of the applicable law of the State of <br />Nebraska, substitute a successor or successors to the Trustee named herein or acting hereunder. <br />16. Successors and Assigns. This Deed of Trust applies to and inures to the benefit of and binds <br />all parties hereto, their heirs, legatees, devisees, personal representatives , successors and assigns. The term <br />"Beneficiary" shall mean the owner and holder of the note, whether or not named as Beneficiary herein. <br />17. /Beneficiary's Powers. Without affecting the liability of any other person liable for the payment <br />of any obligation herein mentioned, and without affecting the lien or charge of this Deed of Trust upon any <br />portion of the property not then or theretofore released as security for the full payment of all unpaid <br />obligations, Beneficiary may, from time to time, with a ten (10) day notice to Trustors: <br />(a) release any persons so liable; <br />(b) grant other indulgences; <br />(c) release or re- convey or cause to be released or re-conveyed at any time at <br />Beneficiary's option, any parcel, portion or all of the property; <br />(d) take or release any other or additional security for any obligation herein <br />mentioned; or <br />(e) make compositions or other arrangements with debtors in relation thereto. <br />18. Governing Law. This Deed of Trust shall be governed by the laws of the State of Nebraska and, <br />in the event any one or more of the provisions contained in this Deed of Trust, or the note or any other <br />security instrument given in connection with this transaction shall be for any reason be held to be invalid, <br />illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any <br />other provisions of this Deed of Trust, but the Deed of Trust shall be construed as if such invalid, illegal or <br />unenforceable provision had never been contained herein or therein. <br />19. )affect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising any right or <br />remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise <br />of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of any default of the <br />Trustors under this Deed of Trust shall not be deemed to be a waiver of any other or similar default <br />subsequently occurring. <br />20. ate- conveyance by Trustee. Upon written request of the Beneficiary stating that all sums <br />secured hereby have been paid, and upon surrender of this Deed of Trust and the note to the Trustee for <br />cancellation and retention and upon payment by Trustors of Trustee's fees, Trustee shall re-convey to <br />Trustor, or the person or persons legally entitled thereto, without warranty, any portion of the property then <br />held hereunder. Recitals in such re- conveyance of any matters or facts shall be conclusive proof of the <br />truthfulness thereof. Grantees in the re- conveyance may be described as "the person or persons legally <br />entitled thereto." <br />21. Acceptance by Trustee: Trustee accepts this trust when this Deed of Trust, duly executed and <br />acknowledged, is made a public record as provided by law. <br />IN WITNESS WHEREOF, Trustors have executed this Deed of Trust on the date first noted above <br />at � o'clock <br />is <br />