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200506186
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Last modified
10/17/2011 8:58:01 AM
Creation date
10/28/2005 11:19:18 AM
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DEEDS
Inst Number
200506186
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01, 0 0 SOU86 <br />inconsistent remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking <br />a deficiency judgment against Trustor to the extent such action is permitted by law. <br />14, Re guest for Notice. Trustors hereby request a copy of any notice of default and that any <br />notice of sale hereunder be mailed to Trustors at the address set forth in the first paragraph of this <br />Deed of Trust. <br />15. A ppointment of Successor Trustee. Beneficiary may, from time to time, by written <br />instrument executed and acknowledged by Beneficiary, mailed to Trustor and recorded in the County <br />in which the property is located and by otherwise complying with the provisions of the applicable <br />law of the State of Nebraska, substitute a successor or successors to the Trustee named herein or <br />acting hereunder. <br />16. Successors and Assigns. This Deed of Trust applies to and inures to the benefit of and <br />binds all parties hereto, their heirs, legatees, devisees, personal representatives, successors and <br />assigns. The term "Beneficiary" shall mean the owner and holder of the note, whether or not named <br />as Beneficiary herein. <br />17. Beneficiary's Powers. Without affecting the liability of any other person liable for the <br />payment of any obligation herein mentioned, and without affecting the lien or charge of this Deed <br />of Trust upon any portion of the property not then or theretofore released as security for the full <br />payment of all unpaid obligations, Beneficiary may, from time to time and without notice. <br />(a) release any persons so liable; <br />(b) extend the maturity or alter any of the terms of any such obligation. <br />(c) grant other indulgences; <br />(d) release or re- convey or cause to be released or re- conveyed at any time <br />at Beneficiary's option, any parcel, portion or all of the property; <br />(e) take or release any other or additional security for any obligation herein <br />mentioned; or <br />(f) make compositions or other arrangements with debtors in relation thereto. <br />18. Governin Law. This Deed of Trust shall be governed by the laws of the State of <br />Nebraska and, in the event any one or more of the provisions contained in this Deed of Trust, or the <br />note or any other security instrument given in connection with this transaction shall be for any reason <br />be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or <br />unenforceability shall not affect any other provisions of this Deed of Trust, but the Deed of Trust <br />shall be construed as if such invalid, illegal or unenforceable provision had never been contained <br />herein or therein. <br />Page 6 of 7 <br />
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