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200010985 <br />this Trust, including costs of evidence of title in connection with sale, Trustee shall apply the proceeds of <br />sale to payment of (i) all sums expended under the terms hereof, not then repaid, with accrued interest <br />at the default rate provided in the Note, all other sums then secured hereby, and (iii) the remainder, if <br />any, to the person or persons legally entitled thereto. <br />(c) Trustee may in the manner provided by law, postpone sale of all or any portion of the Trust <br />Estate. <br />14. REMEDIES NOT EXCLUSIVE: Trustee and Lenders, and each of them, shall be entitled to <br />enforce payment and performance of any indebtedness or obligations secured hereby and to exercise <br />all rights and powers under this Deed of Trust or under any Loan Instruments or other agreement or any <br />laws now or hereafter in force, notwithstanding some or all of the such indebtedness and obligations <br />secured hereby may now or hereafter be otherwise secured, whether by mortgage, deed of trust, <br />pledge, lien, assignment or otherwise. Neither the acceptance of this Deed of Trust nor its enforcement <br />whether by court action or pursuant to the power of sale or other powers herein contained, shall <br />prejudice or in any manner affect Trustee's or Lender's right to realize upon or enforce any other security <br />now or hereafter held by Trustee or Lenders, it being agreed that Trustee and Lenders, and each of <br />them, shall be entitled to enforce this Deed of Trust and any other security now or hereafter held by <br />Lenders or Trustee in such order and manner as they or either of them may in their absolute discretion <br />determine. No remedy herein conferred upon or reserved to Trustee or Lenders is intended to be <br />exclusive of any other remedy herein or by law provided or permitted, but each shall be cumulative and <br />shall be in addition to every other remedy given hereunder or now or hereafter existing at law or in equity <br />or by statute. Every power or remedy given by any of the Loan Instruments to Trustee or Lenders or to <br />which either of them may be otherwise entitled, may be exercised, concurrently or independently, from <br />time to time and as often as may be deemed expedient by Trustee or Lenders and either of them may <br />pursue inconsistent remedies. Nothing herein shall be construed as prohibiting Lenders from seeking a <br />deficiency judgment against the Borrower to the extent such action is permitted by law. <br />15. FORBEARANCE NOT WAIVER: Failure by Beneficiary to exercise any right or remedy <br />available under this Trust Deed or the Note on any one default shall not waive or preclude the exercise <br />of any right or remedy on the event of any subsequent default. <br />16. REQUEST FOR NOTICE: Borrower hereby requests that a copy of any notice of default or <br />any notice of sale hereunder be mailed to it at the address set forth in the first paragraph of this Deed of <br />Trust. <br />17. GOVERNING LAW: This Deed of Trust shall be governed by the laws of the State of <br />Nebraska and in particular the provisions of the Nebraska Trust Deeds Act, the provisions of which act <br />shall govern in event of a conflict of terms, or in case the act provides rights to the parties not stated <br />herein. In the event that any provision or clause of any of the Loan Instruments conflicts with applicable <br />laws, such conflicts shall not affect other provisions of such Loan Instruments which can be given effect <br />without the conflicting provision, and to this end the provisions of the Loan Instruments are declared to <br />be severable. This instrument cannot be waived, changed, discharged or terminated orally, but only by <br />an instrument in writing signed by the party against whom enforcement of any waiver, change, <br />discharge or termination is sought. <br />18. RECONVEYANCE BY TRUSTEE: Upon written request of Lenders stating that all sums <br />secured hereby have been paid, and upon surrender of this Deed of Trust and the Note to Trustee for <br />cancellation and retention and upon payment by Borrower of Trustee's fees, Trustee shall reconvey to <br />Borrower, or the person or persons legally entitled thereto, without warranty, any portion of the Trust <br />estate then held hereunder. The recitals in such reconveyance of any matters or facts shall be <br />conclusive proof of the truthfulness thereof. The grantee in any reconveyance may be described as "the <br />person or persons legally entitled thereto". <br />19. NOTICES: Whenever Lenders, Borrower or Trustee shall desire to give or serve any notice, <br />demand, request or other communication with respect to this Deed of Trust, each such notice, demand, <br />request or other communication shall be in writing and shall be effective only if the same is delivered by <br />personal service or mailed by certified mail, postage prepaid, return receipt requested, addressed to the <br />address set forth at the beginning of this Deed of Trust. Any party may at any time change its address <br />for such notices by delivering or mailing to the other parties hereto, as aforesaid, a notice of such <br />change. <br />20. ACCEPTANCE BY TRUSTEE AND TRUSTEE FEES: Trustee accepts this Trust when this <br />Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. In the <br />event of default, unless specifically waived in writing by Trustee, Trustors agree to pay Trustee a fee <br />equal to $50.00 or one -half of one percent of the entire unpaid principal sum secured, whichever is <br />greater, subject to the limits of Neb. Rev. Stat. §76 -1012, as amended. <br />21. APPOINTMENT OF SUCCESSOR TRUSTEE: Lenders may, from time to time, by a written <br />instrument executed and acknowledged by Lenders, mailed to Borrower and Recorded in the County in <br />which the Property is located and by otherwise complying with the provisions of the applicable law of the <br />State of Nebraska substitute a successor or successors to the Trustee named herein or acting <br />hereunder. <br />22. SUCCESSORS AND ASSIGNS: This Deed of Trust applies to, inures to the benefit of and <br />Page 4 of 5 Pages JANCs \XY4 \DATA \LAND \HHSNAULT.DOT12 /14/100 <br />