rim
<br />20: K0TjCI! %. :EKcep1 (or notices, demands, requests or other communications required under applicable law to be given in another rmannet.
<br />whenever Benefidin(.Trustor or Trustee gives or serves any notreeftncludtng. without limitation. notice Of defaultand notice of sales. demands.
<br />requests or other comMuntcauon with respect to this Trust Deed, each such notice, demand, request or other communication shall be in writing
<br />and shall b(l effective 2nitt if the same is delivered by personal service or is matted by certified marl, postage prepaid. addressed to the address as
<br />set forth at the ttegirintrig,of this Trust Deed. Any party may at any trme change its address for such notices by delivering or mailing to the other
<br />party herato, as aforesaid, a notice of such change. Any notice hereunder shaft be deemed to have been given to Trustor or Beneficiary, when
<br />givers In thff manner designated heretrr-
<br />21. RE6ums1rFdRM4•TICE_ Trustor and Beneficiary hereby request acopy 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 />22. GOVERNING LAW. This Trust Deed shall be governed by the laws of the State of Nebraska.
<br />23. SUCCESSOR-, AND ASSIGNS. This Trust Deed and all terms. conditions and obligations herein. apply to and Inure to the benefit of and
<br />binds all parties hereto. their heirs, legatees, devisees, personal representatives, successors and asa �?s. T he term "Beneficiary' shall mean
<br />the ewger and holder of the Note. whether or not named as Beneficiary herein.
<br />24. JOINT AXgSEVERAL LIABILITY. All covenants and agreements of Trustor shall be toirf several.
<br />25. SEVERAIjILITY. In the event any one or more of the provisions contained in thi s Trust De the Note or any other security rnstrurren7.
<br />given in eenngation with this transaction sha!I for any reason be held to be invalid, illegal or unsni = :irceable in any respect, such invalicoly;
<br />i tllegalitg,cnfttrenforceability shall, at the option of Beneficiary, not affect any other provision of', s Trust Deed, but tfils Trust Dried shall be
<br />conrrh»ed 3aif suc!^ eRValid. illegal, or unenforceable provision had never been contained herein ortherein. if the lien of the Trusx Coed is invalid
<br />orunonfor6eabte as laity part of the debt, or if the lien is inva %idor unenforceable asto any part of the Property, the unsecured or partially secured
<br />portion: of the debt 5'°2' i be comp-tetely paid prior to the payment of the remaining and secured or partially secured portion of the debt, and all
<br />payme*s made ca = Cebt, whetrervoluntaryorinvot ,ntary,sf be considered to have been firstpaidon and applied tothefull pgymentof that
<br />porriGn of Mie dati qh iS not secuiad or i',C.: iiy - cu ^Cd`by the lien n5 tlt,g Trtlst f)epd
<br />26. TRUSTEE LIABILITY. So long as the Trustee shalt,wcs.,n good to :ih and in reliance upon notices and other information which it. In its sole
<br />discretion may deem to bereliat :. .andsolongasTrusteashsa exercise reasonable prudence and care in its administration hereunder, Trustee
<br />shall not be liable for dny loss ary3mage sustained or incurred by the Trustors or any Beneficiary or by any other persons whomsoever. It being
<br />expressly stipulated that It -a -r;. ee shall be fable only for its own gross negligence and willful default in the premises.
<br />27. NUMBER AkagENDER. Whenever uselfteretn, the singular num tie ishat' mztude the plural, andthe use of any gender shailbe applicable
<br />to all genders
<br />26 ACCEPTANCE BY TRUSTEE. TrusteeacceptsthisTrustwhenthisTrustDeed. dul yexecutedandacknowledged .ismadeapublicrecord
<br />as promded by lan.
<br />IN WITNESS wrtEgEOF, Trustor has exe�sed this Trust Deed as of -,n.c, date and year first ab:;•.,v ;vntten ;
<br />� a
<br />Richard V. Rathje
<br />G "eeradine R. Rathje
<br />ti,
<br />STATE OF NEE,- ;a�YA
<br />SS
<br />COUNTY OFIC . 11ALL 1
<br />The foregc,rg in3trument was acknowledged before me on the 9th
<br />by — Richard W. Rathje and Geraldine R._
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