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200306274
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200306274
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Last modified
10/15/2011 11:04:21 PM
Creation date
10/21/2005 5:43:46 PM
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DEEDS
Inst Number
200306274
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20030627- <br />17. Without affecting the liability of any other person liable for the payment of any obligation herein mentioned, and without <br />affecting the lien or charge of this Deed of'1'nat upon any portion of the property not then or theretofore released as security for the <br />full payment of all unpaid obligations, the Beneficiary may, from time to time mid without notice: (a) release any persons so liable; (b) <br />extend the maturity or alter any of the terms of any such obligation; (c) grant other indulgences; (d) release or reeonvey at the <br />Reneficiary's option any parcel, portion or all of the property; (e) take or release any other or additional security for any obligation <br />herein mentioned; or (f) make compositions or other arrangements with debtors in relation thereto. <br />18. This Deed of Trust shall be governed by the laws of the State of Nebraska and, in the event any one or more of the provisions <br />contained herein, or the note or any other security instrument given in cunocction with this transaction shall be for any reason held to <br />be invalid, illegal or unenforceable, in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions of <br />this Deed of Trust, but the Deed of Trust shall be construed as if such invalid, illegal or unenforceable provision had never been <br />contained herein or therein. <br />19. Any forbearance by the Beneficiary or Trustee in exercising any right or remedy hereunder, or otherwise afforded by applicable <br />law, shall not be a waiver of or preclude the exercise of any such right or remedy hereunder. Likewise, the waiver by the Beneficiary <br />or Trustee of any default of the Tmstors under this Deed of Trust shall not be deemed to be a waiver of any other or similar default <br />subsequently occurring. <br />20. Upon the written request of the Beneficiary stating that all suns secured hereby have been paid, and upon surrender of this Deed <br />of Trust and the note to the Trustee for cancellation and retention and upon payment by Tmstors Of Trustee's fees, Trustee shall <br />reconvey to Torsions, or the person or persons legally entitled thereto, without warranty, any portion of die property then held <br />hereunder. Recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. Grantees in the <br />reconveyance may be described as the "person or persons legally entitled thereto." <br />IN WITNESS WHEREOF, TrUSloIB have executed this Deed of Trust on the date first noted above. <br />STATE OF NEBRASKA) <br />) SS <br />COUNTY OF IIALL ) <br />ISANNY J. DUBBS <br />KATHY R DUBBS <br />The foregoing instrument was acknowledged before me on May 15, 2003, by DANNY J. DUBBS and <br />KATHY R DUBBS, husband and wife. <br />sDftwxotnm- smemxeeaaa NOTARYP C <br />DEMSED <br />INcomnw <br />
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