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r <br />1 <br />a9�102936 <br />IS. Request for Notice. Trustor hereby requests a copy of any notice of default and that a <br />notice of sale hereunder be sailed to Truster at the address set forth ny <br />in the first paragraph of this <br />Deed of Trust. <br />16. Appointment of Successor Trustee. Reneftelary m-ly, from ti" to tine, by written lnstrtnant <br />executed and acknowledged by Beneficiary, mailed to Trustor and recorded in the County in which the <br />Property is located and by otherwise complying with the provisions of the ,applicable law of the State <br />of Nebraska, substitute a successor or auccessore to the Trustee no herein or acting hereunder. <br />17. Successors and Amalane. Thin Deed of Trust applies to and inures to the benefit of and binds <br />all parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns. <br />The term Beneficiary shall mean the owner and holder of the note, whether or not named as Beneficiary <br />herein. <br />IQ. Beneficiary's Powers. Without affecting the liability of any other person liable for the pay- <br />ment of any obligation herein mentioned. and without affecting the lien or charge of this Deed of Trust <br />upon ony portion of the property not then or theretofore released as security for the full payment of <br />all unpaid obligations. Beneficiary May. from tine to time and without notice, <br />(a) release any persons so liable; <br />(b) extend the maturity or alter any of the terms of any such obligation; <br />(c) grant other indulgences; <br />(d) release or re- convey or cause to be released or re- eoaveyed at any <br />time at Beneficiary a option, any parcel. ;portion or all of the property; <br />(e) take or release any other or additional security for any obligation <br />heroin mentioned; or <br />(f) make compositions or other arrangements with debtors in relation thereto. <br />24. Governing Law. This Deed of Trust shall be governed by the laws of the State of Nebraska and, <br />In the event any one or more of the provisions contained in this Deed of Trust, or the note or any other <br />security instrument given in connection with this transaction shall be for any reason be held to be in- <br />valid. illegal or unenforceable in any respect, such invalidity. illegality or unenforceability shall <br />not affect any other provisions of this Deed of Trust, but the Deed of Trust shall be construed as if <br />such invalid, illegal or enforceable provision had never been contained herein or therein. <br />20. Effect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising any right or <br />remedy hereunder. or otherwise . afforded by applicable law, shall not be ip waiver of or preclude the exer- <br />cise of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of any default <br />of the Trustor under this Deed of Trust shall not be deemed to be a waiver of any other or similar de- <br />fault subsequently occurring. <br />21. , Re-conveyance by Trustee. Upon written, request of the Beneficiary stating that all auras secured <br />hereby tune been paid. and upon surrender of thls.Deed of Trust and the note to the Trustee for cancel- <br />lation and retention and upon payment by Tryntoi aE 'trustee's fees. Trustee shall ra -rnnwo <br />or rho novacn er.pzro.,:.a lrg:lir encitied CnCtt![o. without warrant any - t^ Frsatar, - <br />hsld hereunder. Recitals in such re- coerveyaeir__e "cf any matters or factsyshal Jibe conclusive pproof tofnthe <br />truthfulness thereof. Grantees in the re- c,avevasce may he described an "the person or persons legally <br />entitled thereto." <br />22. Acceptance by Trustee. Trustee accepts't:his trust when this Deed of Trust. duly executed and <br />acknowledged, 1a made a public record-as provided by law. <br />IN WITNESS WHEREOF. Trustor haa,eiter_uted this Deed of Trust on the date first noted above. <br />Tiniez <br />n a R. Grupe <br />STATE OF NEBRASKA ) <br />ss: <br />COUNTY or HALL j <br />On this lSt day of shine , 198 9 _. before me, the undersigned, a Notary <br />Public duly commissioned and qualified -Ear said County. ��r sonally caseI,lIIdN 13. Grur>P <br />to ma lr,pwn to be the identical person.(jrl;- whose name(li) {subscribed to the foregoing instrument <br />and SiIOLCr+ledged the execution therer.V ten:be: her <br />voluntary act and deed. <br />Witness my hand and Notarial Seal At Grand Island, r !n said County, the date <br />xY commission expires <br />11 Nlb/tsk3 Notary Public <br />ANCMAEI VANICEK <br />1991 <br />J <br />ti <br />�1 <br />Y <br />