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<br />O 90405957
<br />pledge, lion, aseignasnt or otherwise. Walther the acceptance of this Deed of Trust nor its en-
<br />4,,, forcemeat, whether by court action or pursuant to the power of sale or other powers herein con-
<br />tained, shall prejudice or in any manner affect Tnwt*e's or Beasticlery's right to realise upon
<br />or enforce any other security now or hereafter hold by Trustee or Beneficiary, it being agreed
<br />ib4cals that Trustee and Beneficiary, and each of than, shall be entitled to enforce this Dead of Trust
<br />and any other security now or hereafter held by the Beneficiary or Trust" in such order end manner
<br />{"a as they, or either of them, may'in their absolute discretion determine. No remedy herein con -FWQ ferred upop or reserved to Trusts* or Beneficiary Is Intended to be exclusive of any other rearndy
<br />or by law provided or permitted. but each shall be cumulative and shall be in oddieien to
<br />ovary -othu remedy given hereunder or now or hereafter existing at law or in equity or by statute.
<br />Every povsr or remedy given by any of the loan Instruments to Trustee or Beneficiary or to which `
<br />' oltber of them may be otherwise entitled may be *"reload, coneupirently or independently, from tisa `
<br />.;j to time and as often as may be doomed expedient by Trustee or Beneficiary, and eitber of than my t'
<br />purse lticonsiatent remedies. Nothing herein shall be construed as prohibiting Son
<br />*ficlsry from
<br />4 0, seeking a deficiency judgment against Trustor to the extent such action is permitted by law.
<br />. 15. R ueot for Notice. Trustor hereby requests a copy of any notice of default and that say
<br />G notice of sale :ereundar mailed to Trustor at the address oat forth in the first paragraph of
<br />thto Deed of Trust.
<br />ld. Appointment of SuccomM Trustee. Beneficiary may, from time to time, by written inetru-
<br />111 asnt executed and acknowledged by Beneficiary, ensiled to Trustor and recorded it the Comty in which
<br />the property is located and by otherwise complying with the provisions of the applicable law of the
<br />State of Mebramka, substitute a successor or successors to the Trustee named herein or acting here-
<br />M wder. r.
<br />C, H 17. Successors an d Assigns. This Deed of Trust applies to and inures to the benefit of and
<br />O binds all parties hereto, their heirs, legateeso doviesoss personal representatives, successors
<br />F+ and assigns. The term "Beneficiary" shall meats the after and holder of the note, whether or not
<br />named as Beneficiary heroin.
<br />18, Beneficiary's Powers. Without affecting the liability of any other person liable for the
<br />p -O g) psyment of any obligation herein Motioned, and without affecting the lien or charge of this Deed
<br />AA of Trust upon any portion of the property not then or theretofore released an security for the full
<br />q,w 1 payment of all unpaid obligations, Beneficiary may, from tip to time and without notices
<br />4 O (a) release any persons so liable.
<br />(b) emend the maturity or alter any of the terms of any such obligation;
<br />(el Era nt other indulgences;
<br />U1 rl S►b Ed) release or re- convey or cause to be released or re- convoyed at any time at Bone- c'
<br />I m flcYary's option, any parcel. portion or all of the property;
<br />.C! (e) take or release any other or additional security for any obligation herein t
<br />mentioned; or -
<br />I q fi) eke compooitiene or other arrangements with debtors in relation thereto. V-
<br />&0 190, Qverning Law. This Deed of Trust shall be governed by the laws of the State of Nebraska �
<br />.0 r0 and. Is tT.e event any one or more of the provisions contained in this Deed of Trust, or the note
<br />r"odor any ot.itr security instr:sent given in conne:tion with this transaction shall be for sty reason
<br />• is cdH b* held to be invalid, illegal or weanforceable in any respect, such invalidity, illegality or ®-
<br />Cd O enforcesbility shall not affect any other provisions of this Deed of Trust. but the Deed of Trust
<br />shell be construed as if such Invalid, illegal or enforceable provision had never been contained
<br />or therein.
<br />+a G
<br />134harain.
<br />0? Z0. kffeet of forbearance. Any forbearance by Beneficiary or Trustee in exercising any right
<br />S tttsss or remed;r hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude
<br />ebe exorc�se of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee
<br />f y.0 ;a of any default of the Trustor under this Deed of Trust shall not be daepd to be a waiver of any
<br />othe or similar default subsequently occurring.
<br />Q) p I 2I. Be- conveyance by Trustee. Upon written request of the Beneficiary stating that all snag
<br />secured bereby have been paidv and upon surrender of this Deed of Trust and the note to the Trustee
<br />for cancellatlon and retention and upon payment by Trustor of Trustee's fees. Trustee shall re- convey
<br />j +a to TrustW, or the person or persons legally entitled thereto. without warranty, any portion of the
<br />� 0 property held hereunder. Recitals in such re- conveyance of any matters or facts shall be conclusive
<br />Proof of the truthfulness thereof. Grantees In the re- conveyance may be described as "the person`
<br />or persons legally entitled thereto."
<br />22. Acceptance by Trustee. Trustee accepts this trust when this Deed of Trust, duly executed
<br />j and aalmowledged. is made a public record as provided by law.
<br />IN WITNESS WHERBOP, Truster has executed this Deed of date f; 5t to ve.
<br />Bust A ! br Part er
<br />Time: /,may 1
<br />Z 4 .,,,• By: •A Partner
<br />Time: A Partner I Arsen P at ".-
<br />dy STAT OF NEBRASKA )
<br />i
<br />COUNTY OP HALTS as: )
<br />On this A day of October 1918 90 before ne. the undersigned, a Notary Public
<br />duly copiesioned and qualified for said County, personally case �St�ign_ D. Lysen and IAA L. Larsen
<br />Utdbafld and Wife , to me known to bet a ens ea persons w oee reameleT T
<br />" ere) subscribed to the foregoing Deed of Trust and 7(U06MY they /gy acknowledged the execution
<br />then their/ALM voluntary act and dead. i
<br />SAL PIZ s� ON d and Notarial Seal at -Grand Island, ]� in said County. the date aforesaid.
<br />STATE OF NEBRAM) Z-
<br />_ Notary Public
<br />MUM OF HALL ) �
<br />On this 15th day f October, 199(1 before me thu undersigned, �
<br />Y , i, , lased, a Notary Public duly
<br />oowds aioned and qualified for :4id aunty, personally came? M Lrion D. Larsen and
<br />Loretta L. Larsen as partners; of BE , A Nebraska Partnership on behalf of said (,
<br />partnership.
<br />t of M:OsSU -1-
<br />RAOtAN a rtocK Nc� "ry
<br />1h OW F* a M
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