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<br />15. Miscellaneous.
<br />(a) In the event any one or more of the provisions contained in this Trust Deed, or the Loan Document or any other security instrument
<br />given in connection with this transaction shall for any reason be held to be invalid, illegal or unenforceable in any respect, such
<br />invalidity, illegality, or unenforceability shall, at the option of Beneficiary, not affect any other provision of this Trust Deed, but this
<br />Trust Deed shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein or therein.
<br />(b) This Trust Deed shall be construed according to the laws of the State of Nebraska.
<br />(c) This Trust Deed shall inure to and bind the heirs, legatees, devisees, administrators, executors, successors and assigns of the parties
<br />hereto.
<br />(d) Trustor shall pay all taxes levied upon this Trust Deed or the debt secured hereby, together with any other taxes or assessments
<br />which may be levied against the Trustee or Beneficiary or the legal holder of the Loan Document on account of the indebtedness
<br />evidenced thereby.
<br />(e) Whenever used herein, the singular number shall include the plural, the singular, the use of any gender shall be applicable to all
<br />genders, and the term "Beneficiary" shall include any payee of the indebtedness hereby secured or any transferee thereof, whether by
<br />operation of law or otherwise.
<br />16. Successor Trustee. Beneficiary may from time to time substitute a successor or successors to any Trustee named herein or acting
<br />hereunder to execute this Trust Deed. Upon such appointment and without conveyance to the successor Trustee, the latter shall be vested
<br />with all title, powers, and duties conferred upon any Trustee herein named or acting hereunder. Each such appointment and substitution shall
<br />be made by written instrument by Beneficiary, containing reference to this Trust Deed and its place of record, which when recorded in the office
<br />of the Register of Deeds of the county or counties in which said property is situated shall be conclusive proof of proper appointment of the
<br />successor Trustee. The foregoing power of substitution and the procedure therefore shall not be exclusive of the power and procedure
<br />provided for by law for the substitution of a Trustee or Trustees in the place of the Trustee or Trustees named herein.
<br />17. Forbearance by Beneficiary or Trustee Not a Waiver. Any forbearance by Beneficiary or Trustee in exercising any right or remedy
<br />hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any right or remedy hereunder.
<br />Likewise, the waiver by Beneficiary or Trustee of any default of Trustor under this Trust Deed shall not be deemed to be a waiver of any other
<br />or similar defaults subsequently occurring.
<br />18. Trustor Not Released. Extension of the time for payment or modification or amortization of the sums secured by this Trust Deed
<br />granted by Beneficiary to any successor in interest of Trustor shall not operate to release, in any manner, the liability of the original Trustor and
<br />Trustor's successor in interest. Beneficiary shall not be required to commence proceedings against such successor or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Trust Deed by reason of any demand made by the original Trustor and
<br />Trustor's successors in interest.
<br />19. Option to Foreclosure. Upon the occurrence of any default hereunder, Beneficiary shall have the option to foreclose this Trust Deed
<br />in the manner provided by law for the foreclosure of mortgages on real property.
<br />20. Trustor's Rights, Absent Default. Until any default in the payment of indebtedness hereby secured or until the breach of any
<br />covenant herein contained, the Trustor, its successors and assigns, shall possess and enjoy the property, and receive the rents and profits
<br />therefrom. Upon payment of all sums secured by this Trust Deed, Beneficiary shall request Trustee to reconvey the property and shall
<br />surrender this Trust Deed and all documents evidencing indebtedness secured by this Trust Deed to Trustee. Trustee shall reconvey the
<br />property without warranty and without charge to the persons legally entitled thereto. The Grantee in any reconveyance may be described as
<br />"the person or persons entitled thereto," and the recitals therein of any matters or facts shall be conclusive proof of the truthfulness thereof.
<br />Such person or persons shall pay all costs of recording, if any.
<br />21. Transfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold or transferred by Trustor
<br />without Beneficiary's prior written consent, except as otherwise provided by law, Beneficiary may, at Beneficiary's option, declare all the sums
<br />secured by this Trust Deed to be immediately due and payable. Beneficiary shall have waived such option to accelerate if, prior to the sale or
<br />transfer, Beneficiary and the person to whom the Property is to be sold or transferred reach agreement in writing that the credit of such person
<br />is satisfactory to Beneficiary and that the interest payable on the sums secured by this Trust Deed shall be at such rate as Beneficiary shall
<br />request. If Beneficiary has waived the option to accelerate provided in this Paragraph 21, and if Trustor's successor in interest has executed a
<br />written assumption agreement accepted in writing by Beneficiary, Beneficiary shall release Trustor from all obligations under this Trust Deed
<br />and the Loan Document. If Beneficiary exercises such option to accelerate, Beneficiary may invoke any remedies permitted by this Trust Deed.
<br />The Trustor requests that a copy of any notice of default and of any notice of sale hereunder be mailed to each person who is a party
<br />hereto at the address(es) hereinbefore set forth.
<br />IN WITNESS WHEREOF, the Trustor has executed this Trust Deed the day and year first above written.
<br />State of NEBRASKA
<br />)SS
<br />County of b0i 4f )
<br />Before me, a Notary Public, qualified for said County, personally came
<br />WANM ANDERSEN
<br />f.
<br />GARY L ER&9
<br />X tjayt�
<br />WANDA. ANDERSEN
<br />known to me to be the identical person(s) who
<br />signed the foregoing instrument and acknowledged the execution thereof to be his, her, or their voluntary act and deed and if executed on
<br />behalf of a corporation, that the execution thereof was the signer's voluntary act and deed as such officer and the voluntary act and deed of
<br />said corporation and that the seal affixed thereto is its corporate seal and was thereto affixed by the authority of its Board of Directors.
<br />Witness my hand and Notarial Seal this 20 day of
<br />My Commission Expires:_ j ltse !2I 201
<br />au-,* AIA
<br />Notary Public
<br />lirnGENERAL NOTARY -State of Nebraska
<br />. CURREN WEBS
<br />My Comm. Exp. June 12, 2006
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