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202109899
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Last modified
11/22/2021 1:47:48 PM
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11/22/2021 1:47:47 PM
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DEEDS
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202109899
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202109899 <br />applicable law of the State of Nebraska, substitute a successor or successors to the Trustee named <br />herein or acting hereunder. <br />17. Successors and Assigns. This Deed of Trust applies to, inures to the benefit of, and <br />binds all parties hereto, their heirs, legatees, devisees, personal representatives, successors and <br />assigns. The term `Beneficiary" shall mean the owner and holder of the Note, whether or not <br />named as Beneficiary herein. <br />18. Beneficiary's Powers. Without affecting the liability of any other person liable for <br />the payment of any obligation herein mentioned, and without affecting the lien or charge of this <br />Deed of Trust upon any portion of the Property not then or theretofore released as security for the <br />full payment of all unpaid obligations, Beneficiary may, from time to time and without notice: <br />(a) release any persons so liable; <br />(b) extend the maturity or alter any of the terms of any such obligations; <br />(c) grant other indulgences; <br />(d) release or re -convey or cause to be released or re -conveyed at any time at <br />Beneficiary's option, any parcel, portion or all of the Property; <br />(e) take or release any other or additional security for any obligation herein <br />mentioned; or <br />(f) make compositions or other arrangements with debtors in relation thereto. <br />19. Governing Law. This Deed of Trust shall be governed by the laws of the State of <br />Nebraska and, in the event any one or more of the provisions contained in this Deed of Trust, or <br />the Note or any other security instrument given in connection with this transaction shall for any <br />reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or <br />unenforceability shall not affect any other provisions of this Deed of Trust, but this Deed of Trust <br />shall be construed as if such invalid, illegal or enforceable provision had never been contained <br />herein or therein. <br />20. Effect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising <br />any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of <br />or preclude the exercise of any such right or remedy hereunder. Likewise, the waiver by <br />Beneficiary or Trustee of any default of the Trustor under this Deed of Trust shall not be deemed <br />to be a waiver of any other or similar default subsequently occurring. <br />21. Re -conveyance by Trustee. Upon written request of the Beneficiary stating that all <br />sums secured hereby have been paid, and upon surrender of this Deed of Trust and the Note to the <br />Trustee for cancellation and retention and upon payment by Trustor of Trustee's fees, Trustee shall <br />re -convey to Trustor, or the person or persons legally entitled thereto, without warranty, any <br />portion of the Property then held hereunder. Recitals in such re -conveyance of any matters or facts <br />shall be conclusive proof of the truthfulness thereof. Grantees in the re -conveyance may be <br />described as "the person or persons legally entitled thereto." <br />22. Acceptance by Trustee. Trustee accepts this trust when this Deed of Trust, duly <br />executed and acknowledged, is made a public record as provided by law. <br />above. <br />IN WITNESS WHEREOF, Trustor has executed t <br />d of Trust on the date first noted <br />Ronald A. <br />Ronda A. Bigger <br />5 <br />
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