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<br />....._.._�_.._�.,... __J ���� '�1J4i1rR'R^It .,_'_ _
<br /> -__- vr .amz�xtizaeian n� the �um� ��sau:red k�y thi� D��ci a� x�usc yr�n�e�? 1-.,y
<br /> ]3e�seficiax�-y to any eucce�eor in int��e�t af �ruetor ah�11 nc�t operata �o
<br /> releae�, ir� an�r manner �he liabi.11�y af the or.zginal Tru�atar and Tru�Gc�r'e
<br /> succeesur Sii i�teresr, 18enP£iGia�ry eh�.].1 no� be re,quired to com+nen�e
<br /> _ proc�edings agaiYid�: s�uul� bac;ccQ�os: �� xcfu�� t� exrP��� c-kzP t'3.me £Ar �aymnnt �.
<br /> ar o�h�rwi.�e m�dify amartization af the �uma and 3ndebtedne�� e�cured k�y th3.e - --
<br /> „� Deed of Tru�e by rea�on of �ny demand made k�y th� origine�� Tx�useox ar.d
<br /> -�-l�� Truetor's �ucceeear� in �.nterest; (�) wSthouC af�ecCing the liability o� the
<br /> Tr��tor ar an,y o�hAr pe�son l�.able far the payment �f the abli�ation� and _.
<br /> - ---�
<br /> iride�latednesa r�ecured by thie Ae�d of Tzuet, and without aft�c�in� �he lien or
<br /> ohar�e af thi� Dee�l of Truet upon any portion o� th� Propertv not t en �r e
<br /> the�retof.ore roleaeed aa �se�aur.�.t�y far tYee full amount vf all unpaid ab�.iga-
<br /> t3.ana, Henc�ficiary may, from timr� Cca ti�ro� and ti���Hout no�ice (i) relea�e any'
<br /> __; -�� perean ea li.ahla, (ii) eactend th� m��Cua^ity or. a1�er an�y of �he terme of auah
<br /> obligatioxz, (xiil. gr.ant aCl3�x� i:ndulgen�a�, (i.v) �r�l�aee or reconvey, or cauee
<br /> — to be r.eleaanc3 or raccrx�vey�d•at any time a� l3e�nef iciazy►'s option any �iaz�cel�
<br /> ___— poortiori or all �� rk�e Proper�Y. lv) take or r�lease any oth,er or additional
<br /> - --- eecurity for aazy ob.ligation or indebtedn�se tie��ir,� mantl.oncd, ar (vi? m�ke
<br /> compositian� or other arrangemente with debtore i.n rela�ion thereto; (i) in
<br /> - - -•�� addition to the righte and pow�ere given to Che Trus'��e and aeneficia�ry
<br /> � - -- ---� L_.-..j.. �f,A nAn��iciary ehall have a11 auch other ri�??te hnr.h in lac�r and
<br /> - ���r<�r���� �. 1 � {.���w� L��♦ __
<br />:---:�.=r��s� equity £or collection of the ind�btednesa eecured neici�y dtJ ii. w�u�u ••w�u aw�
<br /> "'" tor thie Deed of Trust; (�) all covenants and agreements o� Truetor set farth
<br />,-F"=�+"'�A in this Deed of Truet ahall be 3oint and several; (k) this Deed of Tx�u.at
<br />_ »<<�.:',�;� sh�ll be gaverned by the lawe of the State af Nebraska; i1) in the event any
<br /> -=`�G���"�ti�`n ;� one or more �f the provieions contained in thie Deed af Truat, or the N�te or ____
<br />`�.��?�'-.`�`'�� � any o�her eecur�ty inetrument given in connection with the indebt�dne�es
<br /> :.K.�.:•..��'.
<br /> s?�.;-•� � ���_,�`. hereby secur�d eha11 for any reaaon be kzeld to be invalid, illega or
<br /> -�'��`"�.:�� unenforceabls lri 1AY r.eepecc, BuCi1 iitvu�.ia'�].4j�� �.++��'Z�'—ti, ^Y' ��nPnforce—
<br /> ��`���� ��"y t� ability shall, at the option of Beneficiary, not affect any other proviaion
<br /> . .. .,,�,;.
<br />;.';`�`. ';„:�;,'.-f '.. of �hia Deed af Truet, i�ut this Deed of Truat ehall be conetrued ae if suc
<br /> ��"'``" '�`:" " invalid, illegal, or unenforceable provieion had never been contai.ned herein
<br />�`�"'��`°�� � � or therein. If the lisn of thi9 naed of Trust is invalid or unenforceable as
<br />``� :_.._. :..;�:�.�,..
<br /> :`;- u�� to ax��r part oiE the indebtec�iesa hereby aecured or evidenaed by �he Note, or �
<br />-_��;;�";''n if the lien is invalid or unenEarceable ae to any part �f the Property, tihe _—.
<br /> �'.,
<br /> �s:�?�`x���>��. unseaured or partially secured portion of such indebtedneaa sha11 be _.
<br /> --=��'�^`�"'"���• completely paid prior to the payment of the remaxning and eeaured or �,
<br />��''* �'�"��y���� � part ially secured portion of suckz indebtednee�, and al l paymente made on suah ��-
<br /> ��' indebt�dnese, whether voluntary or under forecloeu.re or other enforcement ` _
<br /> �..s.nrr—�tf`�t•�..h �T—.
<br />=.�_„::,;�,.. ,_::�,� action or procedure, ehall be conaidered ta have been firat paid on and �:._�
<br /> � �•r-<n•=�����K applied �o the full payment of that portion of such indebtedneae which iS not �,_,___
<br />:-�=:^:�•�;:��• � s�cured or not fully secured by the lien of thia 17eed of Truat j and (m) Che �� ..
<br /> covenants and agreementa contained in this Deed of Truet sha11 bin�i, and the �,__
<br /> ' bene�ite and advantages hereof ehalJ. inu�e to the respective heira, �;_:.
<br /> �� ' executors, adminietrators, auccesaor� and aseigns of the parties hereto. �.,:-:
<br /> � �lherever used herein, the �ingular number shall include the plural and �'�`.
<br /> '.:'`� converaely, and the use of an.y gender shall be applicable t� all gendera. �,�:�
<br />•� . '�. V7lierever the term "Beneficiary" is uaed herein, it ahall include the legal �=-
<br /> �. . . holder or holders of the Note or the indebtedneee aecured hereby. �°. `
<br /> � ' . SEt/ENT . Upon written request of Beneficiary stating that all amounts ;
<br /> . �. ; � and indebtednees secured hereby have been paid, and upon aurrender of this
<br /> � � Deed of Trust and the Note to T.ruatee for the cancellation and reCention and
<br /> � upon payment by Truetor of Trustee' � feee, Trustee ehall reconvey to Truetor,
<br /> or the peraon or persans legally entiitled thereto, without warranty, any
<br /> � � .� porL•ion of the Property then kield by Truetee herPUnder. The recitals in euch
<br /> ��" reconveyance of any matters or facts ehall be conclusive proof of the
<br />' �.'" � truthfulness ehereof. Th� grantee of any reconveyanc� may be described as
<br /> ' ,�� . - ��the person or persone legally ent itled thereto." i
<br /> .-, EIC3FiTTI. Except for any noticeo, demands, requeats or o t her com m u n i ca- I
<br /> •� tions xequired under applicable law to be given in another manner, whenever i
<br /> .,
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<br /> ..�-;r+o (;r�nit�raintt
<br /> Benef iciary, Trustor or �i�rusiee givea �� eei�=o p=='r :--�-�� .-____-----.,.
<br /> �„ . ' without limftation, notice of default and notice of sale) , demands, requests �
<br /> ° or other cammunications w�th respect to thie Deed of Trust, each such notice, � -
<br /> "�r-� demand, xequeet or other communication ehall be in writing and ahall be
<br /> �� efE�Ctive on.ly if the same is delivered by personal service or mailed k,y i
<br /> certified mail, poatage prepaid, return receipt requested, addresa�d to the
<br /> . addrese of the par.ty to whom mailed ae set forth at the end o£ thie U�:ed of
<br /> •� Truet. Any party may at any time ctiange i�s addrese for such notice� by
<br /> '� delivcring or mailing to the other parties heret�, ae aforesaid, a notice of ,
<br /> � , euch change. Any notice hereund2r shall be deemed to have been giveri to �
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