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35. PRESERVATION OF LIABILITY AND PRIORITY. Without affecting the liability of Borrower, Grantor, or any guarantor of the Obligations, or any <br />other person (except a person expressly released in writing) for the payment and performance of the Obligations, and without affecting the rights of <br />Lender with respect to any Property not expressly released in writing, and without impairing in any way the priority of this Deed of Trust over the interest <br />of any person acquired or first evidenced by recording subsequent to the recording of this Deed of Trust, Lender may, either before or after the maturity <br />of the Obligations, and without notice or consent: release any person liable for payment or performance of all or any part of the Obligations; make any tS2 <br />agreement altering the terms of payment or performance of all or any part of the Obligations; exercise or refrain from exercising or waive any right or 0 <br />remedy that Lender may nave under the Dead of Trust; accept additional security of any kind for any of the Obligations; or release or otherwise deal 0 <br />with any real or personal property securing the Obligations. Any person acquiring or recording evidence of any interest of any nature in the Property I„r <br />shall be deemed, by acquiring such interest or recording any evidence thereof, to have consented to all or any such actions by Lender. <br />36. DEFEASANCE AND RECONVEYANCE BY TRUSTEE. Upon the payment and performance in full of all of the Obligations, Lender will W <br />execute and deliver to Grantor those documents that may be required to release this Dead of Trust of record. Grantor shall be responsible to pay any <br />costs of recordation and any reconveyance fee charged by Trustee. Upon written request of Lender stating that all sums secured hereby have been paid Z� <br />and upon surrender of this Deed of Trust and any note to Trustee for cancellation and retention and upon payment by Lender of Trustee's fees, Trustee 0 <br />shall reconvey to Lender, or the person or persons legally entitled thereto, without warranty, any portion of said premises then hold hereunder. The CTt <br />recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in anyreconveyance may be <br />described as "the person or persons legally entitled thereto ". <br />37. CONSTRUCTION LOAN. =his Deed of Trust is a construction mortgage under the Uniform Commercial Code, to secure an obligation <br />incurred for the construction of an improvement on land, including the acquisition costs of land. This Deed of Trust secures a construction loan, and it <br />will be subject to the terms of a construction loan agreement between Grantor and Lender. Any materials, equipment or supplies used or intended for <br />use in the construction, development, or operation of the Property, whether stored on or off the Property, shall also be subject to the lien of this Deed of <br />Trust, and Grantor, or Grantor's contractor if loan proceeds are paid to such contractor, shall apply the loan proceeds to the payment of lawful claims for <br />labor and material furnished for such construction. <br />38. WAIVER OF HOMESTEAD AND OTHER EXEMPTIONS. Grantor hereby waives all homestead and other exemptions in the Property to <br />which Grantor would otherwise be entitled under any applicable law. <br />39. JURY TRIAL WAIVER. GRANTOR HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY CIVIL ACTION ARISING OUT <br />OF, OR BASED UPON, THIS DEED OF TRUST. <br />40. IMAGE PROCESSING. Lender or Trustee may create an accurate electronic, magnetic, microfilm, or other image of this Deed of <br />Trust. As part of its normal business practice, Lender or Trustee may then destroy the original after creating that image. A reproduction <br />of this Deed of Trust from that image will be treated the same as the original in court and for any other purpose. <br />41. ADDITIONAL TERMS: <br />Grantor acknowledges that Grantor has read, understands, and agrees to the terms and conditions of this Deed of Trust, and acknowledges <br />receipt of an exact copy of same. <br />Dated this 20TH day of DECEMBER, 2001 <br />GRANTOR: <br />EDWARD HAVERLUCK <br />GRANTOR: <br />STATE OF ✓�'1 "`�`' <br />SS. <br />COUNTY OF Chi <br />GRANTOR: <br />GRANTOR: <br />On this L->,L,, day of )z r �by 1 personally appeared <br />known to me to be the person(s) whose name(s)is /are subscribed to the <br />his /her /their voluntary act and deed, and if married, intending to bind his /I <br />ct <br />III GENERAL NOTARY -state of Nebraska <br />NEDOTF Rev, 2/98 MARNIE SCHAGER SUNDERMEIER <br />My Comm. Exp. Sept 8, 2003 <br />executed same as <br />Page 5 of 7 <br />