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200001001 power or remedy given by any of the loan instruments to Trustee or Beneficiary or to which either of them may be otherwise enti- tled may be exercised, concurrently or independently, from time to time and as often as may be deemed expedient by Trustee or Beneficiary, and either of them may pursue inconsistent remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency judgment against Trustor to the extent such action is permitted by law. 15. Request for Notice. Trustor hereby requests a copy of any notice of default and that any notice of sale hereunder be mailed to Trustor at the address set forth in the first paragraph of this Deed of Trust. 16. Appointment of Successor Trustee. Beneficiary may, from, time to time, by written instrument executed and acknowl- edged by Beneficiary, mailed to Trustor and recorded in the County in which the property is located and by otherwise comply- ing with the provisions of the applicable law of the State of Ne- braska, substitute a successor or successors to the Trustee named herein or acting hereunder. 17 . Successors and Assiqns. This Deed of Trust applies to, and inures to the benefit of, and binds 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. 18. Beneficiary' s Powers. Without affecting the liability of any other person liable for the payment of any obligation herein mentioned, and without 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 full payment of all un- paid obligations, Beneficiary may, from time to time and wi+hout notice: (a) release any persons so liable; (b) extend the maturity or alter any of the terms of any such obligation; (c) grant other indulgences; (d) release or re-convey or cause to be released or re-conveyed at any time at Bene- ficiary' s option, any parcel, portion or all of the property; (e) take or release any other addi- tional security for any obligation herein mentioned; or (f) make compositions or other arrange- ments with debtors in relation thereto. 19. Governing Law. 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 contained in this Deed of Trust, or the note or any other security instrument given in connection with this transaction shall be for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, ille- gality or unenforceability shall not affect any other provisions of this Deed of Trust, but the Deed of Trust shall be construed as if such invalid, illegal or enforceable provision had never been contained herein or therein. 20. Effect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising any right or remedy hereunder, or other- wise afforded by applicable law, shall not be a waiver of or pre- clude the exercise of any such right or remedy hereunder. Like- wise, the waiver by Beneficiary or Trustee of any default of the 6 1