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. <br /> . <br /> � � 99 �08259 <br /> (j) A�nlication of Payments. Unless otherwise required by law, sums <br /> paid to Lender hereunder, including, without limitation, payments of principal and <br /> interest, insurance proceeds, condemnation proceeds and rents and profits, shall <br /> be applied by Lender to the amounts due and owing from Trustor and Borrower in <br /> such order as Lender in its sole discretion deems desirable. <br /> (k) Severabilitv. If any provision of this Deed of Trust conflicts with <br /> applicable law or is declared invalid or otherwise unenforceable, such conflict or <br /> invalidity shall not affect the other provisions of this Deed of Trust or the Note <br /> which can be given effect without the conflicting provision, and to this end, the <br /> provisions of this Deed of Trust and the Note are declared to be severable. <br /> (1) Terms. The terms "Trustor" and "Borrower" shall include both singu- <br /> lar and plural, and when the Trustor and Borrower are the same person(s), those <br /> terms as used in this Deed of Trust sha11 be interchangeable. <br /> (m) Governing Law. This Deed of Trust shall be governed by the laws of <br /> the State of Nebraska. <br /> Trustor has executed this Deed of Trust as of the date written above. <br /> MCCLOUD SUPER 8 MOTEL, INC., a <br /> Nebraska corporation <br /> By J�'��1 /C 1� �'�� _ <br /> Gerald G. McCloud, a1k/a Gene G. <br /> McCloud, President <br /> Attest: . <br /> Cathy c ud, ecretary <br /> STATE OF NEBRASKA) <br /> (ss: <br /> COUNTY OF HALL ) <br /> The foregoing Deed of Trust was acknowledged before me this lOth day of <br /> August, 1999, by Gerald G. McCloud a/k/a Gene G. McCloud, President, and Cathy <br /> McCloud, Secretary of McCloud Super 8 Motel, Inc., a Nebraska corporation, on behalf <br /> of said corporation. <br /> �BEYERAL NOTARY-State of Nebraska <br /> CiA1L BRUMMUND ' <br /> w comm.�cv.oec.za�oot /ru��,'� <br /> y p �� � tNotary Public � <br /> M Commission Ex ires: �I Z DO1� <br /> C:07/Overland/McCloud/DOT <br />