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01902360 obligations; (iii) grant other indulgences; (iv) release or reconvey, or cause to be released or reconveyed at any time at Beneficiary's option any parcel, portion or all of the Property; (v) take or release any other or additional security for any obligation herein mentioned; (vi) make compositions or other arrangements with debtors in relation thereto. All Trustor shall be jointly and severally obligated and bound by the actions of the Beneficiary or any Trustor as herein stated. 12. Reconveyance by Trustee: Upon written request of the Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee's fees, Trustee shall reconvey to Trustor, or the person or persons legally entitled thereto, without warranty, any portion of the Property then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in any reconveyance may be described as "the person or persons legally entitled thereto." 13. Notices: Except for any notices, demands, requests or other communications required under applicable law to be given in another manner, wherever Beneficiary, Trustor or Trustee gives or serves any notice (including, without limitation, notice of default and notice of sale), demands, requests or other communication with respect to this Deed of Trust, each such notice demand, request or other communication shall be in writing and shall be effective only if the same is mailed by registered or certified mail, postage prepaid, addressed to the address as set forth at the beginning of this Deed of Trust. Any party may at any time change its address for such notices by delivering or mailing to the other parties hereto, as aforesaid, a notice of such change. Any notice hereunder shall be deemed to have been given to Trustor or Beneficiary, when given in the manner designated herein. 14. Governing Law: This Deed of Trust shall be governed by the laws of the State of Nebraska. 15. Successors and Assigns: This Deed of Trust, and all terms, conditions and provisions herein, apply to and inure to the benefit of and bind all parties hereto, their heirs, legatees, forebears, personal representatives, successors and assigns. The term "Beneficiary" shall mean the owner and holder of the Note, whether or not named as Beneficiary herein. 16. Joint and Several Liability: All covenants and agreements of Trustor shall be joint and several. 17. Severability: In the event any one or more of the provisions contained in this Deed of Trust, or the Note or any other security instrument given in connection with this transaction shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall, at the option of the Beneficiary, not affect any other provision of this Deed of Trust, but this Deed of Trust shall be 8