200000279 - Laserfiche WebLink

Browse

20000027� 21 . Notices . Except for any notices, demands, requests, or other communications required under applicable law to be given in another manner, whenever Beneficiary, Trustor, or Trustee gives or serves any notice (including, without limitation, notice of default and notice of sale) , demands, requests or other communication with respect to this Deed of Trust, each such notice, demand, request or other communication shall be in writing and shall be effective only if the same is delivered in person to the recipient entitled to notice or mailed by certified mail, postage prepaid, return receipt requested, addressed to the address as set forth at the beginning of this Deed of Trust . Trustor hereby requests that a copy of any notice of default, any notice of sale, required or permitted to be given the Trustor hereunder, be mailed to it at the address set forth at the beginning of this Deed of Trust. Any party may at any time change its address for such notices by delivering or mailing to the other parties hereto, as aforesaid, a notice of such change. Any notice hereunder shall be deemed to have been given to Trustor or Beneficiary, when given in the manner designated herein. 22 . Governing Law. This Deed of Trust shall be governed by the laws of the State of Nebraska. 23 . Successors and Assigns. This Deed of Trust and all terms, conditions and obligations herein apply to and inure to the benefit of and bind all parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns . The term "Beneficiary" shall mean the owner and holder of the Note, whether or not named as Beneficiary herein. 24 . Joint and Several Liabilitv. All covenants and agreements of Trustor shall be joint and several. 25. Severabilitv. In the event any one or more of the provisions contained in this Deed of Trust, or the Note or any other security instrument given in connection with this transaction shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality, or unenforceability shall, at the option of Beneficiary, not affect any other provision of this Deed of Trust, but this Deed of Trust shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein or therein. If the lien of this Deed of Trust is invalid or unenforceable as to any part of the debt, or if the lien is invalid or unenforceable as to any part of the Property, the unsecured or partially secured portion of the debt shall be completely paid prior to the payment of the remaining and secured or partially secured portion of the debt, and all payments made on the debt, whether voluntary or under foreclosure or other enforcement action or procedure, shall be considered to have been first paid on and applied to the full 10