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99106750
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Last modified
3/13/2012 6:24:06 PM
Creation date
10/20/2005 11:55:20 PM
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DEEDS
Inst Number
99106750
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� 4 :� � �� � � r � <br /> indebtedness secured hereby as it would have but for this Deed of <br /> Trust; ( j ) all covenants and agreements of Trustor set forth in <br /> this Deed of Trust shall be joint and several; (k) this Deed of <br /> Trust shall be governed by the laws of the State of Nebraska; ( 1 ) <br /> in the event any one or more of the provisions contained in this <br /> Deed of Trust, or the Note or any other s�curity instrument given <br /> in connection with the indebtedness hereby secured shall for any <br /> reason be held to be invalid, illegal or unenforceable in any <br /> respect, such invalidity, illegality, or unenforceability shall, at <br /> 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 <br /> invalid, illegal, or unenforceable provision had never been <br /> contained herein or therein. If the lien of this Deed of Trust is <br /> invalid or unenforceable as to any part of the indebtedness hereby <br /> secured or evidenced by the Note, or if the lien is invalid or <br /> unenforceable as to any part of the Property, the unsecured or <br /> partially secured portion of such indebtedness shall be completely <br /> paid prior to the payment of the remaining and secured or partially <br /> secured portion of such indebtedness, and all payments made on such <br /> indebtedness, whether voluntary or under foreclosure or other <br /> enforcement action or procedure, shall be considered to have been <br /> first paid on and applied to the full payment of that portion of <br /> such indebtedness which is not secured or not fully secured by the <br /> lien of this Deed of Trust; and (m) the covenants and agreements <br /> contained in this Deed of Trust shall bind, and the benefits and <br /> advantages hereof shall inure to the respective heirs, executors, <br /> administrators, successors and assigns of the parties hereto. <br /> Wherever used herein, the singular number shall include the plural <br /> and conversely, and the use of any gender shall be applicable to <br /> all genders. Wherever the term "Beneficiary" is used herein, it <br /> shall include the legal holder or holders of the Note or the <br /> indebtedness secured hereby. <br /> SEVENTH: Upon written request of Beneficiary stating that all <br /> amounts and indebtedness secured hereby have been paid, and upon <br /> surrender of this Deed of Trust and the Note to Trustee for the <br /> cancellation and retention and upon payment by Trustor of Trustee's <br /> fees, Trustee shall reconvey to Trustor, or the person or persons <br /> legally entitled thereto, without warranty, any portion of the <br /> Property then held by Trustee hereunder. The recitals in such <br /> reconveyance of any matters or facts shall be conclusive proof of <br /> 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 <br /> communications required under applicable law to be given in another <br /> manner, whenever Beneficiary, Trustor or Trustee gives or serves <br /> any notice (including, without limitation, notice of default and <br /> notice of sale) , demands, requests or other communications with <br /> respect to this Deed of Trust, each such notice, demand, request or <br /> other communication shall be in writing and shall be effective only <br /> if the same is delivered by personal service or mailed by certified <br /> mail, postage prepaid, return receipt requested, addressed to the <br /> address of the party to whom mailed as set forth at the end of this <br /> Deed of Trust. Any party may at any� time change its address for <br /> such notices by delivering or mailing to the other parties hereto, <br /> as aforesaid, a notice of such change. Any notice hereunder shall <br /> be deemed to have been given to Trustor or Beneficiary when given <br /> in the manner designated herein. <br /> IN WITNESS WHEREOF, the Trustor has signed and delivered this <br /> Deed of Trust the day and year first above written. <br /> aren Hue , TRUSTOR <br /> Post Office Address: <br /> 1522 South Gunbarrel Road <br /> Grand Island, NE 68801 <br /> 7 <br />
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