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`1 ' 99: �0491z
<br /> � Remedies: No remedy herein provided shali be exclusive of any�`other remedy herein or now or hereafter
<br /> existing by law, but shall be cumulative. Every power or remedy hereby given to Trustee or to Beneficiary or to which
<br /> either of them may be otherwise entitled, may be exercised from time to time and as often as may be deemed
<br /> expedient by them,and either of them may pursue inconsistent remedies. If Beneficiary holds any additional security
<br /> for any obliyation secured hereby, it may enforce the sale thereof at its option, either before, contemporaneously
<br /> with, or after the sale is made hereunder, and on any default of Maker, Beneficiary may, at its option, offset against
<br /> any indebtedness secured hereby, and the Beneficiary is hereby authorized and empowered at its option, without
<br /> any obligation so to do, and without affecting the obligations hereof, to apply toward the payment of any
<br /> indebtedness of the Maker to the Beneficiary, any and all sums of money of Maker which Beneficiary may have in its
<br /> possession or under its control, including, without limiting the generality of the foregoing, any savings account,
<br /> deposit, investment certificate,escrow or trust funds.
<br /> Law Applicable: This Deed of Trust shall be construed according to the laws of the State of Nebraska.
<br /> Illegality: In the event that any provision or clause of this Deed of Trust conflicts with applicable law, such
<br /> conflict shall not affect other provisions of this Deed of Trust which can be given effect without the conflicting
<br /> provision,and to this end tl�e provisions of this Deed of Trust are declared to be severable.
<br /> General Provisions: (a) Thiis Deed of Trust applies to, inures to the benefit of, and binds, all parties hereto,
<br /> their heirs, legatees, devisees, administrators, executors, successors and assigns; (b) The term "Beneficiary" shall
<br /> mean the owner and holder (including a pledgee) of any note secured hereby, whether or not named as Beneficiary
<br /> herein; (c) Wt�erever the context so requires, the masculine gender includes the feminine and neuter, the singular
<br /> number includes the plural, and vice versa; (d) Captions and paragraph headings used herein are for convenience
<br /> only, are not a part of this agreement, and shall not be used in construing it. If more than one person is named
<br /> herein as Maker,each obligation of Maker shall be the joint and several obligation of each such person. The rights or
<br /> remedies granted hereunder,or by law,shall not be exclusive, but shall be concurrent and cumulative.
<br /> TRUSTEE ACCEPTS this Trust when this Deed, duly executed and acknowledged, is made a public record as
<br /> provided by law. Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or
<br /> any action or proceeding in which Trustor, Beneficiary or Trustee shall be a party, unless brought by Trustee.
<br /> Mailing address for notices to Trustor: c/o T & E Cattle Company
<br /> 4444 West 13th St. Grand Island NE 68803
<br /> IN WITNESS WHEREOF, Trustor has executed this Deed of Trust on the date first above written.
<br /> Th mas S. Baxter
<br /> n � �
<br /> INDIVIDUAL/PARTNERSHIP/CORPORATE ACKNOWLEDGMENT
<br /> State of iIJL )
<br /> )SS
<br /> County of �au.�l Q.S )
<br /> �.J ��
<br /> Before me,a Notary Public, personally came 1 ho nna s � �Ql���`
<br /> known to me to be the identical person(s) who signed the foregoing instrument and acknowledged the execution
<br /> thereof to be his, her, or their voluntary act and deed,and if married, intending to bind his/her separate estate; and if
<br /> executed on behalf of a corporation or parinership the execution thereof was the signer's voluntary act and deed as
<br /> such officer/general partner and the voluntary act and deed of said corporation/partnership, duly authorized as
<br /> required by law. l�
<br /> Witness my hand and Notarial Seal this���ay of /�ct+'�/l , 19�-
<br /> �i��....� � ��-�-"''—�
<br /> ��� GENERAI NOTARY•S!ate of Nebraska Notary Public
<br /> KEVIN P.THOMPSON
<br /> My Comm.Exp.Nov.18,1000
<br /> INDIVIDUAL/PARTNERSHIP/CORPORATE ACKNOWLEDGMENT
<br /> State of )
<br /> )SS
<br /> County of )
<br /> Before me,a Notary Public, personally came
<br /> known to me to be the identical person(s) who signed the foregoing instrument and acknowledged the execution
<br /> thereof to be his, her,or their voluntary act and deed,and if married, intending to bind his/her separate estate; and if
<br /> executed on behalf of a corporation or partnership the execution thereof was the signer's voluntary act and deed as
<br /> such officer/general partner and the voluntary act and deed of said corporation/partnership, duly authorized as
<br /> required by law.
<br /> Witness my hand and Notarial Seal this day of , 19_
<br /> Notary Public
<br /> .,..,..,,,,,o o,o� o...e�..<<
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