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200409643
<br />20. NOTICES. Except for notices, demands, requests, or other communications required under applicable law to be given
<br />in 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 Trust Deed, each such notice, demand, request, or
<br />other communication shall be in writing and shall be effective only if the same is delivered by personal service or is mailed by certified
<br />mail, postage prepaid, addressed to the address as set forth at the beginning of this Trust Deed. Any party may at any time change its
<br />address for such notices by delivering or mailing to the other party hereto, as aforesaid, a notice of such change. Any notice hereunder
<br />shall be deemed to have been given to Trustor or Beneficiary, when given in the manner designated herein.
<br />21. REQUEST FOR NOTICE. Trustor and Beneficiary hereby request a copy of any notice of default, and a copy of any
<br />notice of sale thereunder, be mailed to each person who is a party hereto at the address for such person set forth in the first paragraph of
<br />this Trust Deed.
<br />22. GOVERNING LAW. This Trust Deed shall be governed by the laws of the state of Nebraska.
<br />23. SUCCESSORS AND ASSIGNS. This Trust Deed, and all terms, conditions, and obligations herein, apply to and inure
<br />to the benefit of and binds all parties hereto, their heirs, legatees, devisees, personal representatives, successors, and assigns. The term
<br />"Beneficiary" shall mean the owner and holder of the Note, whether or not named as Beneficiary herein.
<br />24. JOINT AND SEVERAL LIABILITY. All covenants and agreements of Trustor shall be joint and several.
<br />25. SEVERABILITY. In the event of any one or more of the provisions contained in this Trust Deed or the Note or any
<br />other security instrument given in connection with this transaction shall for any reason be invalid, illegal, or unenforceable in any respect,
<br />such invalidity, illegality, or unenforceability shall, at the option of Beneficiary, not affect any other provision of this Trust Deed, but this
<br />Trust Deed shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein or therein. If the lien
<br />of the Trust Deed is invalid or unenforceable as to any part of the debt, or if the lien is invalid or unenforceable as to any part of the
<br />Property, the unsecured or partially secured portion of the debt shall be completely paid prior to the payment of the remaining and secured
<br />or partially secured portion of the debt, and all payments made on the debt, whether voluntary or involuntary, shall be considered to have
<br />been first paid on and applied to the full payment of that portion of the debt which is not secured or not fully secured by the lien of this
<br />Trust Deed.
<br />26. TRUSTEE LIABILITY. So long as the Trustee shall act in good faith and in reliance upon notices and other
<br />information which it, in its sole discretion, may deem to be reliable, and so long as Trustee shall exercise reasonable prudence and care in
<br />its administration hereunder, Trustee shall not be liable for any loss or damage sustained or incurred by the Trustors or any Beneficiary or
<br />by any other persons whomsoever, it being expressly stipulated that the Trustee shall be liable only for its own gross negligence and
<br />willful default in the premises.
<br />27. NUMBER AND GENDER. Whenever used herein, the singular number shall include the plural, and the use of any
<br />gender shall be applicable to all genders.
<br />28. ACCEPTANCE BY TRUSTEE. Trustee accepts this Trust when this Trust Deed, duly executed and acknowledged,
<br />is made a public record as provided by law.
<br />IN WITNESS WHEREOF, Trustor has executed this Trust Deed as of the date and year first above written.
<br />GI VENTURE, L.P.
<br />By: The MMMBC Development Corporation, Inc.
<br />General Partner
<br />By:
<br />L.C. Menyweather- ods, Chairman
<br />STATE OF NEBRASKA
<br />ss.
<br />COUNTY OF u )
<br />On this 29th d y of September, 2004, before me, the undersigned notary public, duly commissioned and qualified in and for said
<br />county and state, personally appeared L.C. Menyweather- Woods, Chairman, on behalf of The MMMBC Development Corporation, Inc.,
<br />General Partner of Trustor, personally known to me to be the identical person who signed the above and foregoing Trust Deed, and she
<br />acknowledged the execution of the same to be her voluntary act and deed on behalf of the Trustor.
<br />WITNESS my hand and notarial seal the day and year last above written.
<br />N a Public
<br />HpTARY S braska
<br />JANET L. LAS I�ER
<br />�T r,. Exp. Jan- 19,2o07
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