|
:��:'�=�
<br /> ,�
<br /> a,,����
<br /> e�`���'�"��.
<br /> �; .,
<br /> ��° ��t���3
<br /> 15. The Bene�'ir.iar,•r,ia}•,br�a�ti�ittzn inswmcnt cxe�uted atx!a�knowledgad o}•Beneficiarv,mailed lo Tn�s;ors and recorded in
<br /> t��e Ceun:�� in�ti-hich th�property �locatc�an�b}•athesuise complg-ing with the gravisiaa,of the agplirable Iaw of the State of
<br /> Ivebraska,substitute x suxessor tc,the TnLStee named herein or acting herean3er.
<br /> I�. This Deed of T�s; alrgIies io and inures to the benefit of and hinds al! gart�PS hereto, their heits, personal representati�•es,
<br /> nicc.�ssars and assigns. The term"Bene.icia,-}�"shall mean th°�cr�ner aztd holder of the note,whether or not named as Benefciarv �
<br /> herein. � �
<br /> 17. Without af3`�cting tlie iiabili[y of 2n}•oiher p•rson Iiable for the payment Rf am obli��ioa herein mentioned. and «i.i�out
<br /> aficcting!he licn or cliarge of this Dee�of Tn�sY upon am�pos�ion af the pr�operty not hen or theretotore released as securic}�for the
<br /> fuli pa}7nent of a!I urepaid obli�tions,the B��ctiary ma�.fmm time to timr and withoui notice: (aj reiease any persons so liable;
<br /> (h)e��tend d�e�r4aturity or alter aily of Yhe ternu of am•such ob(igation; (s) grsnt oiher indul;ences; (d) release or recon�•c}•at il�e
<br /> E3eneficiaxy-'s option any parc�l,poruen or atl of th:p.operiy; (e)take o:release am•u�tier or additiona! sc�urit}for an}•obtigation
<br /> hcrein mentioned;or(fj make compositions or other anangemer:ts�vith debrors in relation thereto.
<br /> 18. This Dercl of Trust shali be�m�erned try the la�vs of the Stat�af Nebraska and,in the e�•ent an}•one or more of the pro�isior.s
<br /> cuntain,ci herein, or the note or am�other secw�in•instru.�tter,t gi�•en in cunneciion ulth this transactior,shal!be:or anv reason held
<br /> to be imalid, illegal or unenf`or�eabie, in am� respect, su.h im�aliditr, iilegality or t�enfot�ability sFtall noi affect an}• other
<br /> prctiisioru of this Deed of Trus� but the Dced of Tsvst shal!be construed as if such im�alid, illega.�or unenforceable provision had
<br /> ne�•cz be,:n co��tained�erein or therein.
<br /> 19. Am• forbea°ance tn,• the Beneficiar}�,or Tnutee in e�ercising anv right or remedy hereunder, or othernise affbrded bv
<br /> a�plic��ble la�e,st�alI noi bc a w�ai��er of or preclude the e.�errise of any such right ar rem�y hereunder. Liketivise,the waiver b�•the
<br /> Benciician• or Tnis�ee of am�default of the Trustors under ihis II�ed of Tnist shall �ol be d�med to be a waiver of aav oiher or
<br /> simitar defauld subsequentls ecceirring. y
<br /> 2Q. Upon th��s-ri,tcn reqaest of the Bcucf�cian� stating tha!all sums sccured hercb}•lia��c been paid, and u�n surrcnder of this
<br /> Dced of Trusi an�the note to the Trustce for cancellation and retentian and upon pay�mcnt by Trustors of Trustee's Cees,Tr�stce shall
<br /> recoirve}� !o Trustors, or the person or persons 1cga11}• entitle� thr;reto. witho�t ���rraan, any portion of the propem,� then.ticid
<br /> ncre�inder. Recitals in s��ch rccom•eg•ance of an�• matters ar facts shatt be conclusive proof of thA truthfulness thereof. Cirnnteesln ,
<br /> the recom•��anec ma}�be descrit+c,�d as ehe"person or persons►egaliy enLtled thercto."
<br /> IN�VIT'NESS�YH�R�:OF, Tnsstors have execu.ed this Deed ofTrust on the date first noted above.
<br /> Grand Isia�nd 7 rust& �inZncial Services, Irac., Trustee
<br /> For the Rober� L. Siem�ers and
<br /> �ietty J. Siemers Rev�cable Trvst
<br /> ���
<br /> � ,
<br /> � . ayer,Preside and '�'rust Officer
<br /> � 5T'A�'E��'i�EBRAS�} Gr�nd Island T & Financiat Services,I��.
<br /> ) SS
<br /> �OU1�'T�'OF�.�►LL )
<br /> The foi�egoing instrument �ti�as ackn�wledged bef�re me on Jareuary 12, 1999, by E. .I. Thayer, President
<br /> :n� T�-�ast (�fiicer of Grar�� �siand 'Trrast 3c Financiad Services, 9ne., a Nebraska corporation, on behalf of
<br /> Grand Isiand a rust & JFina.:�cial Sexvices, Inc., Trustee far the Raber� L. Siemers and Betty J. Siemers
<br /> �tevocabie'��-u�st
<br /> ._-.�GFI+IERA1 Ho�rARV�nn�a n,�ua nitC���t/�-n-•
<br /> � tl:Y1fV B 17f �n,l �
<br /> �Comm.�ao.�/ N4TARY lP
<br /> UBLI.0
<br /> k
<br /> ` �
<br /> ':�' .. . . .. . . . . . . ..,i S._:
<br /> ..t���� . . . '... ,_ . . . .. � , . .
<br />
|