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��-05-1999 DEED OF TRUST 9 9 f 10 7 S"� Page 6 �oan No 1038116 (Continued) Multiple ParNes; Corporate Authority. All obligations of Trustor under this Deed of Trust shall be joint and several, and all references to Trustor shall mean each and every Trustor. This means that each of the persons signing below is responsible for NI obligations in this Deed of Trust. Severobility. If a court of competent jurisdiction finds any provislon of this Deed of Trust to be invalid or unenforceable as to any person or circumstance, such finding shall not render that provision invalid or unenforc�able as to any other persons or circumstances. If feasible,any such offending provision shall be deemed to be modified to be within the limiis 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 respecis shall remain valid and enforceable. Successors and Asslyns. Subject to the limitations stated in thls Deed of Trust on transfer of Trustor's interest,this Deed of Trust shall be binding upon and inure to the beneflt of the parties, their successors and assigns. If ownership of the Properiy becomes vested in a person other than Trustor, Lender, without notice to Trustor, may deal with Trustors successors with reference to this Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Trustor from the obligations of this Deed of Trust or liability under the I ndebtedness. Time 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(or under the Related Documents) 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 Lender's righis 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 instance shall not constitute continuing consent to subsequent instanc�s where such consent is required. Waiver of Homestead EScemption. Trustw 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: REIS CONSTRUCTION,INC. BY� ��/�/ /- � � By: �—:�/ / /i O � J�FFR REIS,PRESIDENT JE FREY IS,PERSONALLY CORPORATE ACKNOWLEDGMENT STATE OF 1� COUNTY OF <.� ��/�� On this day of �� '" � 19� before me� the undersigned Notary Public, Personally appeared JEFFREY M REIS, PRESIDENT; and JEFFREY M REIS, PERSONALLY of REIS CONSTRUCTION, INC., and known to me to be authorized agents of the corporation that executed the Deed of Trust and acknowledged the Deed of Trust to be the free and voluntary act and deed of the corporation,by authority of its Bylaws or by r ution of its board of directors, for the uses and p rposes therein mentione d on oa ted that they are suthorized to execute this D of t and in fact executed the Deed of Tru n ora' n. �;� C,�,� BY `�:�?� F w9�,yp, Notary Publk in the State f �t�-n�I� �'�'pi' .0 9 S�( Residin�at ��'Fp�M�P°�,� My commission expires Z Z� 9LP/�<<q r0��d ��