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20000'7611 determine. Any application of Proceeds to indebtedness shall not extend or postpone the due date of any payments under the Note, or cure any default thereunder or hereunder. I. The waiver by Trustee or Beneficiary of any default of Trustor under this Trust Deed shall not be deemed to be a waiver of any other or similar defaults ` subsequently occurring. J. The designation " Trustors" herein shall extend to and apply to the undersigned, singular and plural and the covenants and agreements of the Trustor herein shall be binding upon heirs, devisees, executors, administrators, successors and assigns of the parties. K. This Trust Deed shall be construed according to the laws of the State of Nebraska, and the Trustee and Beneficiary shall have all of the benefits and rights made available by the Nebraska Trust Deeds Act as the same now exists as well as any additional rights which may be created in them under any amendments thereof. L. Trustor further understand that as long as there is a principal amount remaining unpaid no major renovation or remodeling to the building located on the premises will be made by Trustor without the written consent of the Beneficiaries. A breach of this agreement shall be considered a default. The Trustor(s) request that a copy of an Notice of Default and of any Notice of Sale hereunder be mailed at the address hereinbefore set forth. Executed the date first above written. NATHAN DETROIT'S, INC. ROBERT MAHOOD, INDIVIDUALLY STATE OF NEBRASKA ) ss. COUNTY OF ) On t ' / day of *alv 200dbefore me, a Notary Public in County perspeared before me Robert Mahood, Trustor known to me to be the identical person who signed the foregoing Trust Deed and acknowledged the execution thereof to be his voluntary act and deed. Witness my hand and Notarial Seal the day and year last above written. 31