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(5. Tlic 8enefici��•ma}�-b}'a���ritten instrument executed and ackno�ti•ledged b��Benefician•.mailed to Tn�stors and recorded in <br /> the CountJ• isa �til�icl� thc pmpem� is iocated and by othenvise com�l�•ing�ti�ith tfie pro��isions of the appiicable la:�� of the State of <br /> Nebnska sirbstitute a��ecc�ssor to tF.�Tn�s�ee named herein or acting t�ereunder. <br /> lb. This Dec�i oC Trust applies to anJ ur��.res to t�.�benefit �f a��a bi�ds all parties hereto, their hein, personal reprcscntat���cs. <br /> successor�and assigrs. Tt�..ierm "T'�neficiary" shali mean'he o���ner and h�le:er of the �+.ote,«fielh�t or not named as Benefician <br /> yiC.Clil. y <br /> 17. Wi:ho�it aftecting the liabiliri• of am• other person liable for the par�n�ent of ar�; obligation herein mentio►ied. and ��iihout � <br /> affecting Qic iicn�r chargc o[this D�ed of Trusi upon any portian of the propcm� not then or thcretofore released as sccurit�•f�r thc � <br /> fi�ll pa�•ment of all impaid obligations.the Benefician• may_trom time to time and«�thout notice: (a)release arn•persons su liabic: N <br /> (b) extend the maturin or alter any of the ternu of any such obligation; (c) gnnt.other indulgences: (d) rclease or recom�e}�at tltie � <br /> Bencfici�n's�ption an}• parcel.portion or all of ihc propetty: (e) takc or relcasc am other or additionaHSCCUrit�•for am�ob:igatic�i_ �� <br /> hercin mentioned,or(f)make compositions or oiher arrangements�vith debrors in relatiqn thereto. � <br /> 18. This Deed of Tnut sitall bc go��erned b}�tlie 1a«�s of the State of Nebraska and. in the evcnt am�one or more of thc pro��isions � <br /> contained herein. or the note or an}•other securih�instn�ment�i��en in connection«�ith this transaction shall be for anc reason held <br /> t� be im•a;id. illegai cr unenforceabie. in am� respect, a'uch im•alidit��. illegalit}• or unenforceabilin' slial! not affect am• other <br /> pro�•is:ons oC this I)eed of Trust. but the Dced of Tnsst shall be conctruecl as if such invalid. iilega! ar unenforceable proti•ision had <br /> ne��er been contai�ied hercin or therein. <br /> 19. Am• torbearance b�� the Benefic"ran� or Tnistce in exercising an}' right or remedy herennder, or othenvise allorded b�� <br /> appiicabl�la�c. shall not be a«�aiti�er of or preclude the exercise of any such right or remedy hereunder. Like���ise.the��•ai�•er b}•the <br /> Bcnei'ician or Ttustee of am• defauli of die Trustors under this Decd of Tnut shall not be dcemed lo be a ��'ai�•er of an}• oilecr or <br /> similar default subscquenth•occnrring. <br /> 2f►. Upon tl�c�crittcn rcqucst of dre Bciacficiar�' stating that all seuns sccurcd hercby havc bccn paid, and upon sarrcndcr oC this <br /> IIccd oC Tnzsi and tlie notc to tltic Tn�stcc for canccttation a��d retciition and i�pon pa)'mcnt by Tnistors of Tnisicc's fccs.Tnistcc sh;�il <br /> recam•c� to Tnistors. or �he person or persons legall�� entiticd thercto. ���iQ�out «�arr:�nt}•, am� portion of the propci�t� tlicn l�cld <br /> liereunder. Recitals in such recom•eJ�ancc of an� matters or facts shall be conciusive prooC of Qie trutltfi�lness tliereo(. Grantees in <br /> the rece?���e�ance ma}•be descnbed as the"person or persons legall}'entitted thereto." <br /> IN �VITNESS�'�'H�REOF, Trustors have executed this Deed of Trust cm the date first noted above. <br /> ��-,�uu� � r�C�/ <br /> D�;NNIS B. BAASCN <br /> �,r�/���./"/ �O��� <br /> STA7'E OF NEBR�S[C�) KATHLEEIV G. BAASCkI <br /> ) SS <br /> COUNTY OF HALL ) <br /> The fc�egoing instniment was acknowledgQd before me on Uecember 5, 1996, by DFNNIS B. BAASCH <br /> and �iTHLEEN G. E3AASCH, husband and wife. <br /> �—� GEHERAII'l�OTARY•snee-' � � 1 ��5�27�v���, — <br /> �-' IRVINP^._� , NOTARY PUBLIC <br /> �. —',Mv��-;•_• ; . f� �`�'aU�� <br /> �, . <br /> \ ._ <br /> � <br /> . <br /> � 1 � <br />