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<br />89_ 104866
<br />any portion of the Property not then or theretofore released as
<br />security for the full amount of all unpaid obligations, Benefi-
<br />ciary may, from: time to time and without notice (i) release any
<br />person so liable, (ii) extend the maturity or alter any of the
<br />terms of any such obligation, (iii) grant other indulgences,
<br />release or reconvey, or cause to be released or x **Oveyed at *A�i
<br />time at Beneficiary's option any parcel, d, of tihe'' ;
<br />Property, (v) take or release any other s6 &miity
<br />for any obligation or indebtedness herein Mooned, or (vi) make;. '',:' s•:c_::
<br />compositions or other arrangements with
<br />tbereto; (i) in addition to the rights and. the:'';.
<br />g power;': even: �o `:.: �s- •...>• >. . .
<br />.;: mustee and Beneficiary herein,, the Beneficiary shit ha .:all
<br />oubh other rights both in la *' °And - equity for collection s::the
<br />indebtedness secured hereby.: 6i:-.it would have but fer.: this::aPeed o-r11F: :
<br />Trusty:'.` (j) all covenants and 'agree6ents of Trust ©r ;$et f 'brth ice.
<br />this Did of Trust sha :l be joint ai.t- several; (k-D 'this..r.eed of
<br />.Trust shall be..g4ver!�td by the laws of the State of Nebra4ka;
<br />41) in the evemt. anlr' ene or more of the provisions contained in
<br />"this Deed of Trust, or=`.the Note or any other security instrument
<br />given in connection with the indebtedness hereby secured shall
<br />for any reason,be held to be invalid, illegal or tunanforceable in
<br />any respect, sur-h .invalidity, illegality, ar unenforceab ility
<br />shall, at the option of Beneficiary,. not affect any..cthiee -.provi-
<br />sion o£.this Deed of Trust, but thi' Deed of Trust- shall be con-
<br />strued as if such invalid, illegals 'ca.r unenforceable pravtsion
<br />had never been contained herein or•t-zerein. If the lien cif this
<br />Deed of Trust is invalid or unenforceable as to any part of the
<br />indebtedness hereby secured or evidenced by the Note, or if the
<br />lien is invalid or unehforceable as to any part of the Property,
<br />the unsecured or partially secured portion of such indebtedness
<br />shall-be completely paid prior to the payment of the remaining
<br />and secured or partially secured portion of such indebtedness,
<br />and all payments made on such indebtedness, whether voluntary or
<br />under foreclosure or ather enforcement action or procedure, shall.
<br />be considered to have been first paid on and applied to the full
<br />payment of that portion of such indebtedness_.which is not'eecured
<br />or not fully secured by the lien of this Deed of Trust; and (m)
<br />the covenants and agreements contained in this Deed of Trust
<br />shall bind, and the benefits and advantages hereof Shall inure to
<br />the respective heirs, executors, administrators, successors and
<br />assigns of the parties hereto. Wherever used herein, the singu-
<br />lar-number shall include the .}Aural and conversely, and the use
<br />of any gender shall be applicable to all genders. Wherever the
<br />term "Beneficiary" is used herein, it shall include the legal
<br />holder or holders of the Note or the indebtedness secured hereby.
<br />SEVENTH: Upon written request of Beneficiary stating that
<br />11 am ©ants and indebtedness secured hereby have been paid, and
<br />upon surrender of this Deed of Trust and the Note 'to Trustee for
<br />the cancellation and retention and upon payment by Trustor of
<br />Trustee's fees, Trustee shall reconvey to Trustor, or the person
<br />or persons legally entitled thereto, without warranty, any por-
<br />tion of the Property then held by Trustee hereunder. The
<br />recitals in such reconveyance of any matters or facts shall be
<br />conclusive proof of the truthfulness thereof. The grantee of any
<br />reconveyance may be described as "the person or persons legally
<br />entitled thereto."
<br />EIGHTH: Except for any notices, demands, requests or other
<br />communicat ons required under applicable law to be given in an-
<br />other manner, whenever Beneficiary, Trustor or Trustee gives or
<br />serves any notice (including, without limitation, notice of com-
<br />munications with respect to this Deed of Trust, each such notice,
<br />demand, request or other communications shall be in writing and
<br />shall be effective only if the same is delivered by personal ser-
<br />vice or mailed by certified mail, postage prepaid, return receipt
<br />requested, addressed to the address of the party to whom mailed
<br />as set forth at the end of this Deed of Trust. Any party may at
<br />any time change its address for such notices by delivering -or
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