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09-22 -2000 Loan No 1212505 DEED OF TRUST 200007878 Page 6 (Continued) shall be governed by and construed In accordance with the laws of the State of Nebraska. Caption Headings. Caption headings in this Deed of Trust are for convenience purposes only and we not to be used to interpret or define the provisions of this Deed of Trust. Merger. There shall be no merger of the Interest or estate created by this Deed of Trust with any other interest or estate in the Property at any time held by or for the benefit of Lender in any capacity, without the written consent of Lender. Multiple Parties. AN obligations of Trustor under this Deed of Trust shall be joint and several, and all relm nose to Trustor shall mean each and every Trustor. This means that each of the persons signing below is responsible for aN obligations in this Deed of Trust. SeverabNity. If a court of competent jurisdiction Ands any provision of this Deed of Trust to be invalid or unenforceable as to any person or circumstance, such finding shall not render that provision invalid or unenforceable as to any other persons or circumstances. If feasible, any such offending provision shall be deemed to be modified to be within the limits of enforceability or validity; however, N the offending provision cannot be so modified, it shall be stricken and all other provisions of this Deed of Trust in all other respects shall remain valid and enforceable. Successors and Assigns. Subject to its imitations stated In this Deed of Trust on transfer of Trustor's Interest, this Deed of Trust shah be binding upon and Inure to the bsrwM of the parties, their successors and assigns. If ownership of the Property becomes vested In a person other than Trustor, Lender, without notice to Trustor, may deal with Trustor's suoosssors with reference to this Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Trustor from the obligations of this Deed of Trust or liability under the Indebtedness. Thine Is of the Essence. Time Is of the essence In the performance of this Deed of Trust. Walvers and Consents. Lender shall not be deemed to have waived any rights under this Deed of Trust (or under the Related Documents) unless such waiver Is in writing and signed by Lender. No delay or omission on the part of Lender in exercising any right shelf operate as a waiver of such right or any other right. A waiver by any party of a provision of this Deed of Trust shalt not constitute a waiver of or prejudice the party's right otherwise to demand strict compliance with that provision or any otter provision. No prior waiver by Lender, nor any course of dealing between Lender and Trustor, shall constitute a waiver of any of Lender's rights or any of Trustor's obligations as to any future transactions. Whenever consent by Lender Is required in this Deed of Trust, the granting of such consent by Lender In any Instance shall not constitute continuing consent to subsequent instances where such consent Is required. Waiver of H omed"d Exemption. Trustor hereby releases and waives all rights and benefits of the homestead exemption laws of the State of Nebraska as to all Indebtedness secured by this Deed of Trust. EACH TRUSTOR ACKNOWLEDGES RAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH TRUSTOR AGREES TO ITS TERMS. • X 6ua-a� k. CoNeen K O'NeIN INDIVIDUAL ACKNOWLEDGMENT STATE OF COUNTY OF On this day before me, the undersigned Notary Public, persona appeared Gordon L O and CoNeen K O'Neill, to me known to be the individuals described in and who executed the Deed of Trust, d that Deed of Trust as their free and voluntary act and dead, for the uses and purposes therein men Given under my hand and official sesl tills day of �Et, 4�� RYSiate o/ My Comm. Exp "A C[��as�a ug 1, 2004 By Notary Public in y0for tics Redding st My conrnNssion expires _