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200111989
<br />in interest; (h) without affecting the liability of the trustor or any other person liable for the payment
<br />of the obligations and indebtedness secured by this Deed of Trust, and without affecting the lien or
<br />charge of this Deed of Trust upon any portion of the Property not then or theretofore released as
<br />security for the full amount of all unpaid obligations, Beneficiary may, from time to time and
<br />without notice (i) release any person so liable, (ii) extend the maturity or alter any of the terms of
<br />any such obligation, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released
<br />or reconveyed at any time at Beneficiary's option any parcel, portion or all of the Property, (v) take
<br />or release any other or additional security for any obligation or indebtedness herein mentioned, or
<br />(vi) make compositions or other arrangements with debtors in relation thereto; (i) in addition to the
<br />rights and powers given to the Trustee and Beneficiary herein, the Beneficiary shall have all such
<br />other rights both in law and equity for collection of the indebtedness secured hereby as it would have
<br />but for this Deed of Trust; 0) all covenants and agreements of Trustor set forth in this Deed of Trust
<br />shall be joint and several; (k) this Deed of Trust shall be governed by the laws of the State of
<br />Nebraska; (1) in the event anyone or more of the provisions contained in this Deed of Trust, or the
<br />Note or any other security instrument given in connection with the indebtedness hereby secured shall
<br />for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity,
<br />illegality, or unenforceability shall, at the option of Beneficiary, not affect any other provision of this
<br />Deed of 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 or
<br />unenforceable as to any part of the indebtedness hereby secured or evidenced by the Note, or if the
<br />lien is invalid or unenforceable as to any part of the Property, the unsecured or partially secured
<br />portion of such indebtedness shall be completely paid prior to the payment of the remaining and
<br />secured or partially secured portion of such indebtedness, and all payments made on such
<br />indebtedness, whether voluntary or under foreclosure or other enforcement action or procedure, shall
<br />be considered to have been first paid on and applied to the full payment of that portion of such
<br />indebtedness which is not secured or not fully secured by the lien of this Deed of Trust; and (m) the
<br />covenants and agreements contained in this Deed of Trust shall bind, and the benefits and advantages
<br />hereof shall inure to the respective heirs, executors, administrators, successors and assigns of the
<br />parties hereto. Wherever used herein, the singular number shall include the plural and conversely,
<br />and the use of any gender shall be applicable to all genders. Wherever the term "Beneficiary" is used
<br />herein, it shall include the legal holder or holders of the Note or the indebtedness secured hereby.
<br />SEVENTH: Upon written request ofBeneficiary stating that all amounts and indebtedness
<br />secured hereby have been paid, and upon surrender of this Deed of Trust and the Note to Trustee for
<br />the cancellation and retention and upon payment by Trustor of Trustee's fees, Trustee shall reconvey
<br />to Trustor, or the person or persons legally entitled thereto, without warranty, any portion of the
<br />Property then held by Trustee hereunder. The recitals in such reconveyance of any matters or facts
<br />shall be conclusive proof of the truthfulness thereof. The grantee of any reconveyance may be
<br />described as "the person or persons legally entitled thereto."
<br />EIGHTH: Except for any notices, demands, requests or other communications required
<br />under applicable law to be given in another manner, whenever Beneficiary, Trustor or Trustee gives
<br />or serves any notice (including, without limitation, notice of default and notice of sale), demands,
<br />requests or other communications 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
<br />by personal service or mailed by certified mail, postage prepaid, return receipt requested, addressed
<br />to the address of the party to whom mailed as set forth at the end of this Deed of Trust. Any party
<br />may at any time change its address for such notices by delivering or mailing to the other parties
<br />hereto, as aforesaid, a notice of such change. Any notice hereunder shall be deemed to have been
<br />given to Trustor or Beneficiary when given in the manner designated herein.
<br />IN WITNESS WHEREOF, the Trustor has signed and delivered this Deed of Trust the day
<br />and year first above written.
<br />Gloria G. Dolton, Trustor
<br />Post Office Address:
<br />1714 Coventry Lane
<br />Grand Island, NE 68801
<br />icb 'M"'~�olton, Trustor
<br />Post Office Address:
<br />1714 Coventry Lane
<br />Grand Island, NE 68801
<br />3'
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