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90'. 104819
<br />simll*r action, or shall be sold under threat of condemnation,
<br />all awards, - damages and proceeds are hereby assigned and shall',<
<br />be paid .to the. BENEFICIARIES, who shall -apply :_such payments:-'or
<br />f-. arty � part - thereof, in their sole • discretion, to the sum due t
<br />at that' time oft this Deed of Trust and Trust Deed Note, with
<br />any balance above the amount due hereunder payable to the
<br />TRUSTORS
<br />JC. The BENEFICIARIES, 'their agents or representatives,. are
<br />hereby authorized to enter, at any reasonable time, upon any
<br />__part _of the trust.property,for the purposes of inspecting the
<br />same . and for the purpose of performing any of the acts they
<br />are authorized to perform under the terms of this Deed of
<br />Trust and other accompanying documents.
<br />L. This Deed`bf Trust'and all accompanying documents are subject
<br />to, • constructed _and governed by -- -the .. laws of the Skate of
<br />Nebraska for all purposes's
<br />M.. In the event any one or more of - the provisions contained in
<br />this Deed 'of Trust, Trust Deed Note, or any other instrument
<br />given in connection with this transaction, shall' for any
<br />reason be held to be invalid, illegal or unenforceable -in any
<br />rspeet, such invalidity, illegality,, or unenforceability
<br />shall, at. the option of the BENEFICIARIES, not affect any
<br />other provisions,of this Deed of Trust or Trust Deed Note, but
<br />i
<br />this 'Deed of Trust and Trust Deed Note shall be construed as
<br />if such invalid, illegal or unenforceable provision had never
<br />been contained therein, it being the intention of the parties
<br />that the provisions of this Deed of Trust are declared to be
<br />severable.
<br />N. This Deed of Trust shall .inure to and bind the heirs,
<br />devisees, personal representatives, successors and assigns of
<br />the parties hereto.
<br />The TRUSTORS request that a-copy of any Notice of Default and.
<br />of any Notice of Sale hereunder be mailed to them at the address
<br />herein set forth, or such other address as they may provide to the
<br />TRUSTEE and BENEFICIARIES. TRUSTORS further state that they. have
<br />given.: the BENEFICIARIES a written acknowledgment which states that
<br />as TRUSTORS, they- ,6nderstand that the document that they are
<br />executing herein is a Deed of Trust and not a mortgage, and that
<br />the. power of sale provided for in this Deed of Trust provides
<br />substantially, different rights and obligations than a mortgage and
<br />in an event of default or breach of the obligations set forth
<br />herein, the TRUSTEE and the BENEFICIARIES may take such action as
<br />herein provided, including the exercise of the power of sale, and
<br />the parties agree that said Acknowledgment above referred to has
<br />been executed prior to the execution of this Deed of Trust and.
<br />shall be recorded prior to the recordation of this Deed.of Trust.
<br />EXECUTED the date first above.written
<br />SALVADOR HERNANDEZ
<br />GENOi V EII A r.1E��UE2x-
<br />STATE OF NEBRASKA )
<br />ss.
<br />COUNTY OF HALL )
<br />NOW ON this - day of u , 1990, personally
<br />appeared before me,'-the undersignOd N ary Public in and for the
<br />County of Hall and State of Nebraska, SALVADOR HERNANDEZ and
<br />GENOVF.VA HERNANDEZ, husband and wife, to me known to be the
<br />identical persons 'who executed the foregoing Deed of Trust, and
<br />acknowledged the execution thereof to be their voluntary act and
<br />deed.
<br />IN WITNESS WHEREOF, I have hereunto affixed my hand and seal
<br />the day and year first above ten.
<br />Notary Public
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