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200205045 each such notice, demand, request or other communication shall be in writing and shall be effective only if the same is mailed by registered or certified mail, postage Prepaid, addressed to the addressee as set forth at the beginning of this Deed of Trust. If Trustoes mailing ad in writing. Notice sent dress changes at any time, Trustor must immediately notify Trustee and Beneficiary of such change by Tnnstee or Beneficiary to address of Trustor when currently in their possession will be deemed good notice. Any notice hereunder shall be deemed to have been given to Trustor or Beneficiary, when given in the manner designated herein. 17. Govemina Law. This Deed of Trust shall be governed by the laws of the State of Nebraska. IS. Successors and.Assiens. This Deed of Trust, and all terms, conditions and obligations herein, apply to and inure to the benefit of and binds all parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns. The term "Beneficiary" shall mean the owner and holder of the Note, whether or not named as Beneficiary herein. 19. Joint and Several Liability. All covenants and agreements of Trustor shall be joint and several. 20. Severability. In the event any one or more of the provisions contained in this Deed of Trust, or the Note or any other security instrument given in connection with this transaction shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality, or unenforceability shall, at the option of Beneficiary, not affect any other provision of this Deed of Trust, but this Deed of Trust shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein or therein. If the lien of this Deed of Trust is invalid of unenforceable as to any part of the debt, or if the lien is invalid or unenforceable as to any part of the Property, the unsecured or partially secured portion of the debt shall be completely paid prior to the payment of the remaining and secured or partially secured portion of the debt, and all payments made on the debt, whether voluntary or under foreclosure or other enforcement action or procedure, shall be considered to have 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 Deed of trust. 21. Number and Gender. Whenever used herein, the singular number shall include the plural, and the use of any gender shall be applicable to all genders. 22. Acceptance by Trustee. Trustee accepts this Trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. IN WITNESS WHEREOF, Tnnstor has executed this Deed of Trust as of the date and year first above written, on STATE OF NEBRASKA ) ss. COUNTY OF ) Before me the undersigned, a Notary Public duly commissioned and qualified in said county, personally came , President of Parrella Motors, Inc., known to me to be the identical person(s) whose name(s) are affixed to the foregoing Deed of Trust and acknowledged the execution thereof to be his/her /their voluntary act and deed. Witness my hand and notary seal the '�)_ day of,", 2000. GENERAL NOTARY-State of Nebraska 11 CORI SCHWEITZER O-UA Lt,� My Comm. Exp. April 13, 2001 Notary Public