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DEED OF TRUST 200208357 Page 7 (Continued) binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property becomes vested in a person other than Grantor, Lender, without notice to Grantor, may deal with Grantoes suocessors with reference to this Deed of Trust and the Indebtedness by way of forbearance or extension without releasing Grantor from the obligations of this Deed,of Trust or liability under the Indebtedness. 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 Lander. 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 Grantor, shall constitute a waiver of any of Lender's rights or any of Grantor'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 instances where such consent is required. Waiver of Homestead Exemption. Grantor 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 GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND EACH GRANTOR AGREES TO ITS TERMS. GRAN j) X �G)./.`Ai LEO N. RMURN Signed, acknowledged and delivered In the presence of: X � ga/YYL I �cf/119�1t� Witness X 'r 1• ;1' INDIVIDUAL ACKNOWLEDGMENT STATE OF NEBRASKA ) )SS COUNTY OF HAIL On this day before me, the under LEO N. RAYBURb to me known to be the individua free and voluntary act and deed. Public, the uses and purposes therein Given under my hand and official seal this 10th GENEf1Al NOT ifY - S al Nell tYla MARIAN SISSON M y Centro. EV. Nov. 11, 2D05 ed of Trust, and of 5 I Notary Public ii Residing at _ for the State ot,,r HALL COUNTY My commission expires 11 -11 -05 the Deed of Trust as 20�. r.