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<br /> hereby, and (iii) the remainder, if any, to t;1� porson or persons legaZly , ,
<br /> � entitle� thereto. =
<br /> (c� �ru�e�nay, in the maruier provia��.�yZaw�postpone sale of all or
<br /> - any portion of the Trust Estate. �
<br /> 22. REP4EDIES NOT EXCLUSIVE. Truste� a�i;� Beneficiary, and each of them,
<br /> shall be en i e o en orce pavment an8 psrfa�snance of any indebt�dness or ' "
<br /> ob�ig�tions secured hereby and �o exercise all;rignts and powers under this � �
<br /> � IIeed o€ Trust or under any Loan Instrument or �ther agreement or a�y laws now
<br /> or hereafter in force, notwithstanding so:ne or� aZl of t�e such indebtedness
<br /> and obli9ations securec3 hereby may r!aw or h2n��fter be otherwis� secured,
<br /> ' whether by mortgage, deed of trust, pledge, 13.e:t, assignr�ent or ott�erwise..
<br /> Neither ttre acceptance of this Deed of Trus� nor its enforcement whether by •
<br /> court action or pursuant to the power of sale;.or other powers herein
<br /> contained, shall prejudice or in any mannQr aiGf�ct Tiustee's or Beneficiary's �
<br /> right to realize upon or enforce any other s��urity now or her�after held by
<br /> Trustee or BeneficiarX, it being agrved ��tat :�rustes �nnd BenefiCiary, and each ' `
<br /> of them, shall be eatitled to enforca this Deed of Ts��f an8 any other ,
<br /> , �security naw ar hereafter held bg Benefioiax-g.�;ar Trus�e, a.rt �uch order and � �
<br /> manner as they or either of them may in tii�i.� absoluts discretion det�rmine. �
<br /> No remedy herein conferred upon or �ser�e8 � Trustee or Her�eficiary is '
<br /> intended to be exclixsive of any othsr rem�dy,�.herein ar by law.provided or ,
<br /> permitted, but each shall be cumulatin� ar.3 shall be in addit.i.cin to every
<br /> `: other remedy given hereunder or now or hereaf'ter existing at Zaw or in equity . �
<br /> or by Statute. Every po�rer or remedX given by any of the L�a� Instruments ta �
<br /> � Trustee ar Henef iciary or ta which either of:them may be otherwise entitled,
<br /> may be exercised, concurr�tly or independEn�tly, from time to time, and as . .
<br /> . often as iaay be de�med exgcdient by Trexstea or Beneficiary; and either of them -
<br /> �r�y �ursue inconsistent r�dies. Hothin.. herein shall be construe8 as '
<br /> � g�ohibiting Heneficiary fra*.n seeking a de�iciency judgment against the Trustor
<br /> ta tne extent such action is permitted by 1$�t.
<br /> 13. REQUEST FOR I30TICE. Tntstor heroby requests a copy of�any notice �
<br /> af aiefaujt, an a any no ice of sale hereunder be mailed to it at the �
<br /> �ess set forth in the first paragraph o€' this Deed of Trust. � '
<br /> , 14. GOVERNIN� LAW. This Deed of Trr�st shall be governed by the laws of � . '
<br /> the State o e ras a. n the event that any provision or cl.ause of any of the "
<br /> Loan Instruments conflicts c�a��th applicable lar.*s, such conflicts shall not ; :;
<br /> affect other provisions of s�uch I,oan In�truments which can be given effect ; _;
<br /> oaithout the conflicting provisions;. and ta this end, the provisions of the -
<br /> Iran Instruments are declared to isc severable. This instrument cannot be
<br /> vraived, changed, discharged, or te�:;.n�ted orally, but only by an instrument
<br /> in writing signed by the �arty against wham enforceinent of any waiver, change,
<br /> discha�qe or termination is sought.
<br /> 15. RECONVF.YI�.NC� BY TRiTSTF,F.. ttpo�3.wr.itten request of Beneficiary � -
<br /> stating tha a sums secure ereby h�v4 been paid, and upon surrender of :
<br /> this DeeB of Trust and the Nate to Trustee for cancellatioh and retention and i!
<br /> , upon payment by Trustor of i�custee's fe�s, Trustee shall reconvey to Trustor,
<br /> � or the person or persons leqaiiy entitled thereto, without warr�nty, any
<br /> , portion of the Trust Estate then Y��ld h�reunder. The recital� �n such
<br /> reconveyance of any rnatters or facta sh�ll be conclusive proof of the � t
<br /> � �=-u'thfulness thereof. The yrantee ii1 any reconveyance may be descri.bed as r
<br /> "t-�ze person or persons legally entitle� thereto". �
<br /> l6. NOTICES. Whenever Benefici�ry, Trustor, or Trustee shall desire ta �
<br /> qive or s�r��e any notice, demand, reguas�E or other communication with res�ect
<br /> ta this Deed of Trust, each such notica, demand, request ar other �
<br /> communication shall be in writing and shall be effective only if the same is �.�
<br /> � deliverec] by personal serviee or mailecl by certified mail, postage prepaid, • ' °
<br /> return receipt requested, addressed to the address set forth at the beqinning
<br /> of this Deed of Trust. Any �arty may �t this time change its address for such �
<br /> notices by delivering or .T1TnjilllGa t0 tne other parties hereto, as a�oresaid, a �
<br /> notice of such change.
<br /> ' L7. ACCEPTANCE SY TRUSTEE. Ti^ustee accepts this Trust when this IIeed
<br /> of Trust, du y execu e an ac nowledged, is made a public record as provide8
<br /> by law.
<br /> 18. I1�?.BRASKA CORPORATION--EXE_�lPT STATUS. Tru,,tor covenants that, if it
<br /> ia a cor�o�a ion aE i e par• ners ip w ic olds title to real estate usec�
<br /> for framing or r�nrhing in Nebraska ar is engaged in farmi�g or ranching in
<br /> Nebraska, it, and all land owned by it and encumbered vnder tre provisians of
<br /> this instrument, is exempt from thc restrictions imposed by th�a Nebraska
<br /> Constitut�on (Initiatfve 300) upon the ownership and use df agricultural land
<br /> �r conc�uc� of agricultural businesses, and that if Trustbr or any such land at
<br /> any time_ceases to qualify as bein� exempt from said constitutional
<br /> �. restricti�ns, in the sole determzn�tion of Trustee or if the Nebraska Attorney ' " -- -
<br /> General or any.other plafntiff commences an action alleging that such exempt '
<br /> status is terminateci, Trustor shall immediately notify Trustee of facts giving
<br /> rise ta su�h change in status or of such action.
<br /> 19. NESRASKA CORPORAmION I,USS OF EXEMPT STATi15--ACCELERATION, If th� i
<br /> T�usivr vr ��ty an vwne uy i an encu erea un er he provisi'o'ns�ot this � ' "
<br /> instrument ceases to qualify at anX time for an exemption from said
<br /> � restrictions of the Nebrask� Constitutidn (Initiative 3b0), in the sole
<br /> determin�tion of Trustee, ar i€ the Nebraska mttorney General or any other
<br /> � plainti.ff commences any act3nn all�ging such lack of exem�tion, then Trustee
<br /> �� ai. his aption_may decl�re the nbligations secured hereby irtunediately due and r..
<br /> payabl�; pravsded th�t the Trustee agrees not to declare a ctef�ult and
<br /> acc�Yerate the due date duriny thc• t�la-year divestiture perioc� aliotred by . ��
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