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20050852' and for the purpose of performing any of the acts they are authorized to perform under the terms of this Deed of Trust and other accompanying documents. L. This Deed of Trust and all accompanying documents are subject to, constructed and governed by the laws of the State of Nebraska for all purposes. M. In the event any one or more of the provisions contained in this Deed of Trust, Trust Deed Notes, or any other 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 the BENEFICIARIES, not affect any other provisions of this Deed of Trust or Trust Deed Note, but this Deed of Trust and Trust Deed Note shall be construed as if such invalid, illegal or unenforceable provision had never been contained therein, it being the intention of the parties that the provisions of this Deed of Trust are declared to be severable. N. This Deed of Trust shall inure to and bind the heirs, devisees, personal representatives, successors and assigns of the parties hereto. The TRUSTOR request that a copy of any Notice of Default and any Notice of Sale hereunder be mailed to them at the address herein set forth, or such other address as they may provide to the TRUSTEE and BENEFICIARIES. TRUSTOR further state that they have given the BENEFICIARIES a written Acknowledgment which states that as TRUSTOR, they understand that the document that they are executing herein is a Deed of Trust and not a mortgage, and that the power of sale provided for in this Deed of Trust provides substantially different rights and obligations than a mortgage and in an event of default or breach of the obligations set forth herein, the TRUSTEE and the BENEFICIARIES may take such action as herein provided, including the exercise of the power of sale, and the parties agree that said Acknowledgment above referred to has been executed prior to the execution of this Deed of Trust and shall be recorded prior to the recordation of this Deed of Trust. EXECUTED the date first above written. STEWART & BANGS, L.L.C., a Nebraska Limited Liability Company, Trustor, By STATE OF NEBRASKA, ) )ss. COUNTY OF HALL ) Chris R. Stewart, Its Manager -:?— .,-- - r Brian E. Bangs, Its Manager NOW ON this 2-Vb day of , 2005, personally appeared before me, the undersigned Notary Public in and for the CcVmty of Hall and State of Nebraska, Chris R. Stewart and Brian E. Bangs, Managers of Stewart & Bangs, L.L.C., a Nebraska Limited Liability Company, Trustor, to me known to be the identical persons who executed the foregoing Deed of Trust, and acknowledged the execution thereof to be their voluntary act and deed. IN WITNESS WHEREOF, I have hereunto affixed my hand and seal the day and year first above x ,Soot JENNIE KA KUEHNei Ili Gv� No Public Prepared: 8- 15- 05 /WAF /sls Real Estate/Markussen- Stewart &Bangs DOT.waf -4-