|
15. RECONVEYANCE BY TRUSTEE.Upon written request of Beneficiary stating that all sums secured hereby have been pa�d,
<br /> and upon surrender of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor sf
<br /> Trustee's fees, Trustee shall reconvey to Trustor, or the person or persons legally entitled thereto, without 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 /> truthtulness 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 wrfting and shall be effective only ff 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 Beneficiary,when given in the manner designated herein.
<br /> 17. REQUEST FOR NOTICE.Trustor and Beneficiary hereby request a copy of any notice of default,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, condftions 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 Benenciary 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 rf 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 /> CD 22. NUMBER AND GENDER.Whenever used herein, the singular number shall include the plural,and the use of any gender
<br /> Q 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 fts 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 Master 6eed of Trust Form and by the signing hereof acknowledges that he has
<br /> read and received a tull 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 herewith. ��
<br /> �
<br /> Travis Freeman �—
<br /> STATE OF NEBRASKA,COUNTY OF HALL
<br /> The foregoing instrument was acknowledged before me this 9thday of July 199�by Travis Freeman
<br /> a single person
<br /> NO'UR`��S�te°t Nebraska
<br /> �'TAMA�iA�.R�TN Notary Public
<br /> II �Comm.ExP•June 1,2003
<br /> My commission expires: 6-1-2003
<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 Counry Clerk
<br /> Register or Deputy Register of Deeds
<br /> 607671 Nebranka 00752D.o4
<br />
|