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<br />20. NOTICES. Except for notices, demands, requests or other communications required under applicable law to be given in another manner,
<br />whenever Beneficiary, Trustor or Trustee gives or serves any notice pncluding, without limitation, notice of default and notice of sale), demands,
<br />requests or other communication with respect to this Trust Deed. each such notice, demand, request or other communication shall be in writing
<br />andshatibe effective only if the came is delivered by personal service or is mailed by certified mail, postage prepaid, addressed to the address as
<br />i set forth al the beginning of this Trust Deed. Any party may at any time change its address tot such notices by delivering or marling to the other
<br />party hereto, as aforesaid, a notice of such change. Any notice hereunder shall be deemed to have been given to Trustor or Beneficiary, when
<br />given in the manner designated herein.
<br />21. REQUEST FOR NOTICE. Trustor and Beneficiary hereby request a copy of any notice of default, and a copy of any notice of sale thereunder,
<br />be mailed to each person who is a party hereto at the address for such person set forth in the first paragraph of this Trust Deed.
<br />i 22. GOVERNING LAW. This Trust Deed shall be govemad by the laws of the State of Nebraska.
<br />23. SUCCESSORS AND ASSIGNS. This Trust Deed;.,w rt ill terms, conditions and obligations herein, apply to and inure to the benefikpl• and
<br />binds all parties hereto, their-hafts, {egatess.,r�r3visoe6,.j?iar ^shoal representatives, successors and assigns. Ti*iorm "Beneficiary" SIAIJ:)T .(4.�7It
<br />V Ulrt' owner and holder of the; hgfe, whelher.0. rtrj namW.as, rensficiary herein.
<br />' 24. JOINT AMC SEVERAL LIABILITY.. Aff, r;o- denants rz of Trustor shall be joint iv?d severat'
<br />T 25. SEVERASILITY. In the event any one yr more of :,contained r n this Trust 4Q�t!3 +.. �rthe Note cr any ott et security instrument
<br />lit given in connection with this transaction shall for any; re tin, d to be invalid'., illegal u. ur^enforceaWOi in, any respect, such invalidity,
<br />illegality, or unenforceability shall, at the option of Ber^.er46ary. RQfs r ?Ct any otfier f ow,igrca al ?tills Trust payed: Out this Trust Deed shall be
<br />construed as if such invalid, illegal, or unenforceable provision hadhfaxei been contai nqd her ei reef- therein. If the den of the Trust Deed is invalid
<br />or unenforceables as to any part of the debt, or if the lien is invalid or unerf+orceable as to any partpt :frl:60roperty, the unsecureaar, "rtially secured
<br />portion of the 0ehl•shall be completely palif prior to t¢e payment of the remaining and secured,af. Martially secured portion of Uie. debt, and all
<br />payments madrtnn the debt, whether voluntaty or involuntary. shall be considered to have been ffffihpaid on and applied to the full payments{' That
<br />portion of the debt which is not secured of ooi futiy.SeHr�Ged by the lien of this Trust deed.
<br />26. TRUSTEE LIABILITY. So long as the Trustee 'shall act in good faith and in reliance uport i74 ?res and other information which it, in tWsade
<br />discretion malt-deem to be reliable, and so long as Trustee shall exercise reasonable prudence artdcare in its administration hereunder,.Truifei
<br />shall not be liable for any loss or damage sustained or incurred by the Trustors or any:Beneticiary or by any other persons whomsoever.,iR6iing
<br />expressly stipulated that the Trustee shall be liable only for its own gross negligence and willful default in the premises.
<br />27. NUMBERAND GENDER. Whenever used hereip,thesingular number shallincludethe plural, andthe use of any gender shall be app, :Cable
<br />taall genders.
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<br />28. ACCEPTANCE BY TRUSTEE. Trustee accepts this Trust when this Trust Deed, duly executed and acknowledged, is made a public record
<br />as provided by law.
<br />IN WITNESS WHFRFnF, Truster has executed this Trust Deed °° of the d «1C and ycar first ab itt6n.
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<br />The foregoing instrument was acknowledged before mo on the _ day of
<br />by Charles C. Schmidt and LAretta M. Schi.ridt
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