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202501810
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Last modified
4/10/2025 3:50:10 PM
Creation date
4/10/2025 3:48:40 PM
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DEEDS
Inst Number
202501810
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20250/810 <br />arrangements with debtors in relation thereto; (i) in addition to the rights and powers given to the <br />Trustee and Beneficiary herein, the Beneficiary shall have all snob other rights both in law and <br />equity for collection of the indebtedness secured herein as it would have but for this Deed of <br />Trust; all covenants and agreements of Trustor set forth in this Deed of Trust shall be joint and <br />several; (k) this Deed of Trust shall be governed by the laws of the State of Nebraska; (1) in the <br />event any one or more of the provisions contained in this Deed of Trust, or the Note or any other <br />security instrument given in connection with the indebtedness hereby secured shall for any <br />reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality, or <br />unenforceability shall, at the option of Beneficiary, not after any other provision of this Deed of <br />Trust, but this Deed of Trust shall be construed as if such invalid, illegal, or unenforceable <br />provision had never been contained herein or therein. If the lien of this Deed of Trust is invalid <br />or non -enforceable as to any part of the indebtedness hereby secured or evidenced by the Note, <br />or if the tier, is invalid or unenforceable as to any part of the Property, the unsecured or partially <br />secured portion of such indebtedness shall be completely paid prior to the payment of the <br />remaining and secured or partially secured portion of such indebtedness, and all payments made <br />on such indebtedness, whether voluntary or under foreclosure or other enforcement action or <br />procedure, shall be considered to have been first paid on and applied to the full payment of that <br />portion of such indebtedness which is not secured or fully secured by the lien of this Deed of <br />Trust; and (in) the covenants and agreements contained in this Deed of Trust shall bind, and the <br />benefits and advantages hereof shall inure to the respective heirs, executors, administrators, <br />successors and assigns of the parties hereto. Wherever used herein, the singular number shall <br />include the plural and conversely, and the use of any gender shall be applicable to all genders. <br />Wherever the term "Beneficiary" is used herein, it shall include the legal holder or holders of the <br />Note or the indebtedness secured hereby. <br />SEVENTH: Upon written request of Beneficiary stating that all amounts and <br />indebtedness secured hereby have been paid, and upon surrender of this Deed of Trust and the <br />Note to Trustee for the cancellation and retention and upon payment by Trustor of Trustee's fees, <br />Trustee shall reconvey to Trustor, or the person or persons legally entitled thereto, without <br />warranty, any portion of the Property then held by Trustee hereunder. The recitals in such <br />reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The <br />grantee of any reconveyance may be described as "the person or persons legally entitled thereto." <br />EIGHTH: Except for any notices, demands, requests or other communications <br />required under applicable law to be given in another manner, whenever Beneficiary, Trustor or <br />Trustee gives or serves any notice (including, without limitation, notice of default and notice of <br />sale), demands, requests or other communications with respect to this Deed of Trust, each such <br />
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