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. . 20fl�0�� � � <br /> 16. This Deed of Trust applies to and inures to the benefit of and binds all parties hereto, their heirs, personal representatives, <br /> successors and assigns. The term "Beneficiary" shall mean the owner and holder of the note, whether or not named as Beneficiary <br /> herein. <br /> 17. Without affecting the liability of any other person liable for the payment of any obligation herein mentioned, and without <br /> affecting the lien or charge of this Deed of Trust upon any portion of the property not then or theretofore released as security for the <br /> full payment of all unpaid obligations, the Beneficiary may, from time to time and without notice: (a) release any persons so liable; <br /> (b) extend the maturity or alter any of the terms of any such obligation; (c) grant other indulgences; (d) release or reconvey at the <br /> Beneficiary's option any parcel, portion or all of the property; (e) take or release any other or additional security for any obligation <br /> herein mentioned; or(fj make compositions or other arrangements with debtors in relation thereto. <br /> 18. This Deed of Trust shall be governed by the laws of the State of Nebraska and, in the event any one or more of the provisions <br /> contained herein, or the note or any other security instrument given in connection with this transaction shall be for any reason held <br /> to be invalid, illegal or unenforceable, in any respect, such invalidity, illegality or unenforceability shall not affect any other <br /> provisions of this Deed of Trust, but the Deed of Trust shall be construed as if such invalid, illegal or unenforceable provision had <br /> never been contained herein or therein. <br /> 19. Any forbearance by the Beneficiary or Trustee in exercising any right or remedy hereunder, or otherwise afforded by <br /> applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy hereunder. Likewise, the w�aiver by the <br /> Beneficiary or Trustee of any default of the Trustors under this Deed of Trust shall not be deemed to be a waiver of any other or <br /> similar default subsequently occurring. <br /> 20. Upon the written request of the Beneficiary stating that all sums secured hereby have been paid, and upon sunender of this <br /> Deed of Trust and the note to the Trustee for cancellation and retention and upon payment by Trustors of Trustee's fees,Trustee shall <br /> reconvey to Trustors, or the person or persons legally entitled thereto, without wananty, any portion of the property then held <br /> hereunder. Recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. Grantees in <br /> the reconveyance may be described as the"person or persons legally enUtled thereto." <br /> IN WITNESS WHEREOF, Trustors have executed this Deed of Trust on the date fir�t noted above. <br /> , �� <br /> CLIFFORD L. JEWELL <br /> STATE OF NEBRASKA) SUSAN K. JEWELL <br /> ) SS <br /> COUNTY OF HALL ) <br /> The foregoing instrument was acknowledged before me on January 24, 2000, by CLIFFORD L. JEWELL <br /> and SUSAN K. JEWELL, husband and wife. � � <br /> GEaERAI.NQtARY•State of Nebraska <br /> �Y RICHARD L HECKMAN NOTARY PUBLIC <br /> My Comrn.Ex�.�-�� <br />� <br />� <br />