Laserfiche WebLink
202502509 <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 Beneficiary's <br />option, any parcel, portion or all of the Property; <br />(e) take or release any other or additional security for any obligation herein mentioned; or <br />(f) make compositions or other arrangements with debtors in relation thereto. <br />19. Fixture Financing Statement. This Deed of Trust constitutes a fixture financing statement pursuant <br />to the Nebraska Uniform Commercial Code (the "UCC"). For purposes of this Section, the following <br />information is included: (1) the Trustor shall be deemed the "Debtor" with the address set forth for the <br />Trustor on the first page of this Deed of Trust which the Trustor certifies is accurate; (2) the Beneficiary <br />shall be deemed to be the "Secured Party" with the address set forth for the Beneficiary on the first page of <br />this Deed of Trust and shall have all of the rights of a secured party under the UCC; (3) this Deed of Trust <br />covers goods which are or are to become fixtures, including any proceeds thereof; (4) the land upon which <br />the fixtures are located is described on the first page of this Deed of Trust and (5) the name of the record <br />owner of such property is Debtor. The Debtor hereby authorizes the Beneficiary to file any fixture <br />financing statements and terminations thereof or amendments or modifications thereto without the <br />signature of the Debtor, where permitted by law. <br />20. Governing Law. This Deed of Trust shall be governed by the laws of the State of Nebraska and, <br />in the 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 this transaction shall be for any reason be held to be invalid, <br />illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any <br />other provisions of this Deed of Trust, but the Deed of Trust shall be construed as if such invalid, illegal <br />or enforceable provision had never been contained herein or therein. <br />21. Effect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising any right or <br />remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the <br />exercise of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of any <br />default of the Trustor under this Deed of Trust shall not be deemed to be a waiver of any other or similar <br />default subsequently occurring. <br />22. Re -conveyance by Trustee. Upon written request of the Beneficiary stating that all sums secured <br />hereby have been paid, and upon surrender of this Deed of Trust and the note to the Trustee for <br />cancellation and retention and upon payment by Trustor of Trustee's fees, Trustee shall re -convey to <br />Trustor, or the person or persons legally entitled thereto, without warranty, any portion of the Property <br />then held hereunder. Recitals in such re -conveyance of any matters or facts shall be conclusive proof of <br />the truthfulness thereof Grantees in the re -conveyance may be described as "the person or persons <br />legally entitled thereto." <br />23. Acceptance by Trustee. Trustee accepts this trust when this Deed of Trust, duly executed and <br />acknowledged, is made a public record as provided by law. <br />Page 6 of 7 <br />