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06-04-1999 DEED OF TRUST ��46��9 Page 6 Loan No 964163 (Continued) such offending provision shall be deemed to be modified to be within the limits of enforceability or validity; however,if the offending provision cannot be so modified,it shall be stricken and all other provisions of this Deed of Trust in all other respects shall remain valid and enforceable. Successors and Assigns. Subject to the limitations stated in this Deed of Trust on transfer of Trustor's interest, this Deed of Trust shall be binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property becomes vested in a person other than Trustor, Lender, without notice to Trustor, may deal with Trustor's successors with reference to this Deed of Trust and the �ndebtedness by way of forbearance or extension without releasing Trustor from the obligations of this Deed of Trust or liability under the Indebtedness. Tlme IS of the Essence. Time is of the essence in the performance of this Deed of Trust. Waivers and Consents. Lender shall not be deemed to have waived any rights under this Deed of Trust(ar under the Related Dxuments) unless such waiver is in writing and signed by Lender. No delay or omission on the part of Lender in exercising any right shall operate as a waiver of such right or any other right. A waiver by any party of a provision of this Deed of Trust shall not constitute a waiver of or preJudice the party's right otherwise to demand strict compliance with that provision or any other provision. No prior waiver by Lender, nor any course of dealing between Lender and Trustor, shall constitute a waiver of any of Lenders rights or any of Trustor's obligations as to any future transactions. Whenever consent by Lender is required in this Deed of Trust,the granting of such consent by Lender in any lnstance shall not constitute continuing consent to subsequent instances where such consent is required. Waiver of Homestead Exemption. Trustor hereby releases and waives all rights and benefits of the homestead exemption laws of the State of Nebraska as to all Indebtedness secured by this Deed of Trust. EACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST,AND EACH TRUSTOR AGREES TO ITS TERMS. TRUSTOR: X `�� X � � DNEY L CL AWN M CLARK INDIVIDUAL ACKNOWLEDGMENT STATE OF ) )SS COUNTY OF ___ ) On this day before me, the undersigned Notary Public, personally appeared RODNEY L CLARK and SHAWN M CLARK, to me known to be the individuals described in and who executed the D of Trust,and acknowiedged t they signed the Deed of Trust as their free and voluntary act and deed,for the uses and purposes therein me tione . I,,_ Given under my hand and official seal this "J' day ,19�. By 6ENERAI N01ARY-State af NeDraik� Notary Public in and for th St i a/J III SHERRI L.0'CALLAGHAN Residing at S.1J�11d_ My Comm.Exp.Sept.28,1999 My commission expires__Q" Z�� C . . � .,� •.. , a .