. •._r~�� ,� . ��/ ���3�1.
<br /> 15. RECONVEYANCE BY TRUSTEE.Upon written request of Beneficiary stating that all sums secured hereby have been paid; . �,,,
<br /> and upon surrender of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of
<br /> Trustee's fees, Trustee shall reconvey to Trustor, or the person or persons legally entitled thereto,wdhout warranty, any portion of
<br /> the Property then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the
<br /> truthfulness thereof.The grantee in any reconveyance may be described as"the person or persons legally entitled thereto."
<br /> 16. NOTICES.Except for any notices,demands,requests or other communications required under applicable law to be given in
<br /> another manner, whenever Beneficiary, Trustor or Trustee gives or serves any notice(including,without limitation, notice of default
<br /> and notice of sale), demands, requests or other communication 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 by personal service or is mailed
<br /> by certified mail,postage prepaid,addressed to the address as set forth at the beginning of this Deed of Trust.Any party may at any
<br /> time change its address for such notices by delivering or mailing to the other party hereto,as aforesaid,a notice of such change.Any
<br /> notice hereunder shall be deemed to have been given to Trustor or Beneflciary,when given in the manner designated herein.
<br /> 17. REQUEST FOR NOTICE.Trustor and Beneficiary hereby request a copy of any notice of defauk,and a copy of any notice
<br /> of sale thereunder, be mailed to each person who is a party hereto at the address set forth for such person in either the first
<br /> paragraph of this Deed of Trust or below. Trustor:
<br /> 18. GOVERNING LAW.This Deed of Trust shall be governed by the laws of the State of Nebraska.
<br /> 19. SUCCESSORS AND ASSIGNS. This Deed of Trust, and all terms, conditions and obligations herein, apply to and inure to
<br /> the benefit of and binds all parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns. The
<br /> term"Beneficiary"shall mean the owner and holder of the Note,whether or not named as Beneficiary herein.
<br /> 20. JOINT AND SEVERAL LIABILITY.All covenants and agreements of Trustor shall be joint and several.
<br /> 21. SEVERABILITY. 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 for any reason be held to be invalid, illegal or unenforceable in any
<br /> respect, such invalidity, illegality, or unenforceability shall, at the option of Beneficiary, not affect any other provision of this Deed of
<br /> Trust, but this Deed of Trust shall be construed as if such invalid,illegal,or unenforceable provision had never been contained herein
<br /> or therein.If the lien of this Deed of Trust is invalid or unenforceable as to any part of the debt,or rf the lien is invalid or unenforceable
<br /> as to any part of the Property,the unsecured or partially secured portion of the debt shall be completely paid prior to the payment of
<br /> the remaining and secured or partially secured portion of the debt,and all payments made on the debt, whether voluntary or under
<br /> foreclosure or other enforcement action or procedure, shall be considered to have been first paid on and applied to the full payment
<br /> of that portion of the debt which is not secured or not fully secured by the lien of this Deed of Trust.
<br /> 22. NUMBER AND GENDER. Whenever used herein,the singular number shall include the plural,and the use of any gender
<br /> shall be applicable to all genders.
<br /> 23. ACCEPTANCE BY TRUSTEE. Trustee accepts this Trust when this Deed of Trust, duly executed and acknowledged, is
<br /> made a public record as provided by law.
<br /> 24. TRUSTEE LIABILITY. So long as the Trustee shall act in good faith and in reliance upon notices and other information
<br /> which it, in its sole discretion may deem to be reliable, and so long as Trustee shall exercise reasonable prudence and care in its
<br /> administration hereunder,Trustee shall not be liable for any loss or damages sustained or incurred by the Trustors or any Beneficiary
<br /> or by any other persons whomsoever, it being expressly stipulated that the Trustee shall be liable only for its own gross negligence
<br /> and willful default in the premises.
<br /> IN WITNESS WHEREOF,Trustor has executed this Mester Deed of Trust Form and by the signing hereof acknowledges that he has
<br /> read and received a full copy hereof and understands that its terms, conditions and contents are fully incorporated into the actual
<br /> Deed of Trust he signed of even date herewfth.
<br /> Thomas J. S nton
<br /> La ra J. anton
<br /> STATE OF NEBRASKA,COUNTY OF Hal1
<br /> The foregoing instrument was acknowledged before me this 24t�day of May , 1999,by Thomas J.
<br /> Stanton and Laura J. Stanton, husband and wife
<br /> � '
<br /> Notary Public
<br /> GENERAI NOiARY�Sfate of Mebraska
<br /> III DARI.A M.POLAK
<br /> My Comm.Exp.July 22,1999 My commission expires: �� '"1��
<br /> STATE OF NEBRASKA,COUNTY OF
<br /> Filed for record and entered in Numerical Index on , ,at o'clock .M.,
<br /> and recorded at Book Page ,or instrument No.
<br /> County or Deputy County Clerk
<br /> Register or Deputy Register oi Daeds
<br /> 807677 Nebreska 00752D.04
<br />
|