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<br /> <br /> <br /> <br /> <br /> 15. RECONVEYANCE BY TRUSTEE. Upon written request of Beneftctary stating that all sums secured hereby have been paid, <br /> anu upon surrender of this Deed of Trust and the Note to Trustee for ce!'i.i?lia:;Cn and retention and upon payment by Trustor of <br /> Trustee's fees, Trustee shall reconvey to Trustor, or the person or person,:: legally entitled thereto, without warranty, any portion of <br /> the Property than held hereunder, The recitzzls in such recortvaiyance 6' any ratters or facts shall be conclusive proof of the <br /> truthfulness thereof. The grantee in any reconveyance may be described as "the person or persons legally entitled thereto." <br /> 16. NOTICES. Except for any notices, demands, regrests or other communications required under applicable law to be given in <br /> another manner, whenever Beneficiary, Trustor or Trustee gives or serves any notice (including, without limitation, notice of default <br /> and notice of sale), demands, requests 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 personal service or is mailed <br /> by certified mail, postage prepaid, addressed to the address as set forth at the beginning of this Deed of Trust. Any party may et any <br /> time change its address for such notices by delivering or mailing to the other party hereto, as aforesaid, a notice of such change. Any <br /> notice hereunder shall be deemed to have been given to Trustor or Beneficiary, when given in the manner designated herein. <br /> 17. REQUEST FOR NOTICE. Trustor and Beneficiary hereby request a copy of any notice of default, and a copy of any notice <br /> ! of sale thereunder, be mailed to each person who is a party hereto at the address set forth for such person in either the first <br /> 4 paragraph of this Deed of Trust or beiow. Trustor: <br /> 18. GOVERNING LAW. This Deed of Trust shall be governed by the laws of the State of Nebraska. <br /> 19. SUCCESSORS AND ASSIGNS. This Deed of Trust, and all terms, conditions and obligations herein, apply to and inure to <br /> the benefit of and binds all parties hereto, their heirs, legatees, devisees, aersonal representatives, successors and sssigns. The <br /> term "Beneii iary" shall mean the owner and holder of the Note, whether or not named as Beneficiary herein. <br /> 20. JOIN, AND SEVERAL LIABILITY. All covenants and agreements of?rustor shall be joint and several. <br /> 21. SEVERABILITY. In the event any one or more of the provisions contained in this Deed of Trust, or the Note or any other <br /> securiif instrument given in connection with this transaction shall for any reason be held to be invalid, illegal or unenf=eable in any <br /> respect, such invalidity, illegality, or unenforceability shall, at the option of Beneficiary, not affect any other provision of this Deed of <br /> Trust, but this Deed of Trust shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein <br /> or tnerein. If the lien of this Deed of Trust is invalid or unemcirceable,as. to any part of the debt, or if the lien is invalid or unenforceable <br /> as to any part of the Property, the unsecured or partially secured portion of the debt shall be completely paid prior to the payment of <br /> the remaining and secured or partially secured portion of the debt, and all payment^ made on the debt, whether voluntary or under <br /> foreclosure or other enforcement action or procedure, shall be considered to have been first paid on and applied to the full payment <br /> of that portion of the debt which is not secured or not fully secured by the lien of this Deed of l runt, <br /> 22. NUMBER AND GENDER. Whenever used herein, the singular number shall include the plural, and the use of any gender <br /> s.,a!I Le applicable to all genders. <br /> 2'1,1. ACCEPTANCE BY TRUSTEE. Trustee accepts this Trust when this Deed of Trust, duly executed and acknowledged, is <br /> mpfJe it public record as provided by law, <br /> 24. TRUSTEE LIABILITY. So long as the Trustee shall act in good faith and in reliance upon notices and other information <br /> which it in its sole discretion may deem to be reliable, and so long as Trustee shall exercise reasonable prudence and care in its <br /> administration hereunder, Trustee sha!I not be liable for any loss or damages sustained or incurred by the Trustors or any Beneficiary <br /> or by any oi.her persons whomsoever, it being expressly stipulated that the Trustee shall be liable only for its own gross negligence <br /> and willftul default in the premises. <br /> IN WITNESS WHEREOF, Trustor has executed this Master Dead of Trust Form and by the signing hereof acknowledges that he has <br /> read -nc received a full copy hereof and understands that its terms, conditions and contents are fully incorporated into the actual <br /> Deed of rrest he signed of even date herewith. <br /> eve <br /> Oscar E. Bautista Sanchez <br /> Guadl-upe Otero <br /> S T A•rE 0- NEBRASKA, COUNT`( OF - 11,111 The foregoing instrument was acknowledged before me this 26~~ of December 2000 by_ Oscar E. <br /> Eautista Sanchez asnd Guadlup(~ Otero, hue an3--anT IZMe <br /> Notary Puolic <br /> ~'8rt CI tt2t)IaStr:A <br /> e. VIVA. <br /> I~jy1 TANtA cxp. j~;',~ 1 '1t,~3 <br /> „u nay corm My commission expiry s: <br /> STATE OF NEBRASKA, COUNT`( OP <br /> Filed for record and entored in Numerical Index on--_____---___- at <br /> Lind recorded at Book Page or instrument No., __.,f_.._.-___ _ <br /> <br /> <br /> <br /> County or Deputy co,uity clwk ---T-- _ <br /> P.ogww or Deputy Al .Ilnlw of Deans <br /> <br /> <br /> <br /> <br /> l%O 75 ) DA. <br /> ~)(i71 1, Q~fd9i..~ ' <br />