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200 � U0484 contract, instrument or agreement constituting a lien or encumbrance against all or any part of the Property, existing as of the date of this Deed of Trust except two Deeds of Trust in favor of Lincoln Federal Savings Bank of Nebraska, dated June 14,1999 and October 27,1999, respectively. (i) Application of Payments. Unless otherwise required by law, sums paid to Lender hereunder, including, without limitation, payments of principal and interest, insurance proceeds, condemnation proceeds and rents and profits, shall be applied by Lender to the amounts due and owing from Trustor in such order as Lender in its sole discretion deems desirable. (j) Severability. If any provision of this Deed of Trust conflictswith applicable law or is declared invalid or otherwise unenforceable, such conflict or invalidity shall not affect the other provisions of this Deed of Trust or the other Loan Documents which can be given effect without the conflicting provision and, to this end, the provisions of this Deed of Trust and the other Loan Documents are declared to be severable. (k) Terms. All terms defined herein include the plural as well as the singular. (I) Governing Law. This Deed of Trust shall be governed by the laws of the State of Nebraska. (m) Title Insurance and Recording Fees. Trustor shall provide Lender with a lender's policy of title insurance from Nebraska Title Company in the amount of the indebtedness secured hereby, which insures marketabletitle to the Property in Borrower and which insures the lien created hereby as a first lien on the Property. Trustor and Lender shall split equally all premiums associated with such lender's policy of title insurance. Trustor shall also be responsible for recording this Deed of Trust, and shall pay all fees associated with the recording of this Deed of Trust. (n) Construction. Trustor acknowledgesand agrees that the Lender and the Trustor have each participated in the drafting of this Deed of Trust and that this Deed of Trust has been reviewed by the respective legal counsel for such parties and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be applied to the interpretation of this Deed of Trust. No inference in favor of, or against, any party shall be drawn from the fact that one party has drafted any portion hereof. IN WITNESS WHEREOF,Trustor has caused this Deed of Trust to be executed and delivered as of the date first above written. TRUSTOR: GRAND ISLAND P.H., INC. By: G��.-��s-/ � K nneth W. Staab, President STATE OF NEBRASKA ) ) ss. COUNTY OF LANCASTER ) The foregoing Deed of Trust was acknowledged before me on January 14, 2000, by Kenneth W. Staab, President of Grand Island P.H., Inc., a Nebraska corporation, n behalf of the cor or ion. GENERAL NOTARY Sfafe af Nebraska III CHARLES S.WEBER Notary Public My Comm.Ezp.luly 24,2000 6