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<br /> Z4. SU��ESSflRS AND ASSIGNS. This Trust Deed, and atl terms, cond�tions, and �bligatians
<br /> here�n, app�y to and inure �o the benefit of and binds all parties h�reto, their heirs, legatees, de��sees, persona�
<br /> r�presentati�es, successvrs, and assign�. The term "Bene�ciary" sha�l mean the owner and hald�r of�he N�te,
<br /> whe�her or not named as Benef ciary here�n.
<br /> �3. .���?�T� .AND SEVERAL LIABILITY. A1� �:c���nants and agreements of Trustor shal� be�o�n�
<br /> '-� . "�. .� F. •.-.. • . .
<br /> and se�eral. � �
<br /> �6. SEVERABILITY. in�he even�af any one flr more�f the pro�isians contained in th�s Trust Deed
<br /> or the No�e or an�other secur��y inst�-ument gi�en.in�onne�tion with this transaction sha�I for any reasan be�nva�xd,
<br /> i��egal, or unenf�rceahle in any respect, such in�alidity, illega�ity, or unenf.orceab�lity sha��, at �he aptian of
<br /> Benef ciary, na� affec� any o�her pro��sion of this Trust De�d, but �his Trust Deed sha�� be construed as �f such
<br /> �n�a�id, i�legal, ar unenforceable pra�isian had never been contained herein�r therein. If the�ien of the Trust Deed
<br /> is in�a�.id ar unenforceab�e as to any part of.the deb�, or if the ]�en is in�alid ar unenf�rceabl� as to any part of the
<br /> Property,the unsecur�d or par�iaily secured portion of.the debt shall be completely pai,d prior ta the payment of�he
<br /> remaining and secured or partially secured p�r�ion of the debt, and a1� paymen�s made on the deb�, whether
<br /> voluntary or involuntary, sha�1 be considered to ha�e been first paid on and applied t� �he fu�� payment of that
<br /> portion of the deb�which is n�t secured Qr nat ful.ly secured by�he lien of this Trus�Deed.
<br /> 27. TRUSTEE LIABILITY. So long as the Trustee shall ac� �n good faith and ir�, reliance upon
<br /> notices and vther�nformation wh�ch i�, in i�s soIe drscre�ion, may deem �o be rel�ab�e, and sa �ong as Trustee shail
<br /> exerc�se rea�onab�e prudence and care in its administration hereunder, Trustee shall not be liab�e far any �oss �r
<br /> damage sus�ained �r �ncurred by the Trusrors �r any Benef ciary or by any otiher persons v�homsae�er, it being
<br /> express�y stipu�a�ed that the Trus�ee sha�l. be liab�e onIy far its �wn grass neg��ger�ce and vvillful defaul� Yn the
<br /> premi ses.
<br /> �8. NUMBER AND GENDER. �hen��er used herein,the singu�ar number shall inc�ude the plural,
<br /> and the use of any gender sha11 be applicab�e to all genders.
<br /> 29. A��EPTAN�E BY TRUSTEE. Trustee accep�s th�s Trust when this Trust Deed,du�y executed
<br /> and acknow�edged,is mad�a pu�b�i�record as provided by Iaw.
<br /> IN WITNESS 'VVt��i����;����,�;,� �i�.� �xccu�ed this Trus� D�ed as af the date and year fir�t abo�e
<br /> written.
<br /> SHADY BEND V�LLAS,LLC
<br /> By: Hal�Caunty Hausing Authority
<br /> Sa1e Member
<br /> . ,�
<br /> By: 4
<br /> Rick Ruzicka,Execu��e Dire�tor
<br /> STATE�F NEBRAS�.A }
<br /> } SS.
<br /> ��UNTY QF }
<br /> . �
<br /> The foregoing �nstrumen� was a�l�novvledged bef.�re me �hi day of May, 2�14, by Rick Ruzicka,
<br /> Executi�e Director of Ha1I Caunty Housing Autho.rity, So1e Mem�er of Shady Bend Vil�as, LLC, on behalf of
<br /> Shady Bend Vi11as,LLC.
<br /> WITNESS my hand and notarial seal the day and year last abo�e writ�en.
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<br /> ���� - '� � Nota Pub c �
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