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200313159 <br />SECTION 10.3 Successors and Assigns. <br />This Deed of Trust and each and every covenant, agreement and other provision hereof <br />shall be binding upon Trustor and its successors and assigns, including, without limitation each <br />and every person or entity that may, from time to time, be record owner of the Premises or any <br />other person having an interest therein, shall run with the land and shall inure to the benefit of <br />Beneficiary and its successors and assigns. As used herein the words "successors and assigns" <br />shall also be deemed to include the heirs, representatives, administrators and executors of any <br />natural person who is a party to this Deed of Trust. Nothing in this paragraph shall be construed <br />to constitute consent by Beneficiary to assignment by Trustor. <br />SECTION 10.4 Partial Invalidity. <br />All rights, powers and remedies provided herein are intended to be limited to the extent <br />necessary so that they will not render this Deed of Trust invalid, unenforceable or not entitled to <br />be recorded, registered or filed under any applicable law. If any term of this Deed of Trust shall <br />be held to be invalid, illegal or unenforceable, the validity and enforceability of the other terms <br />of this Deed of Trust shall in no way be affected thereby. <br />SECTION 10.5 Captions and Headings. <br />The captions and headings of the various sections of this Deed of Trust are for• <br />convenience only and are not to be construed as confining or limiting in any way the scope or <br />intent of the provisions hereof. Whenever the context requires or permits the singular shall <br />include the plural, the plural shall include the singular and the masculine, feminine and neuter <br />shall be freely interchangeable. <br />SECTION 10.6 Notices. <br />Any notice which any party hereto may desire or may be required to give to any other <br />party shall be in writing and either (a) mailed by certified mail, return receipt requested, or <br />(b) sent by an overnight carrier which provides for a return receipt, or (c) sent by facsimile <br />followed up by mailing of such notice by either of the methods set forth in Section 10.6(a) or (b) <br />above on the day of sending such facsimile or the next succeeding business day or sent by any <br />other method as allowed under the Nebraska Trust Deeds Act. Any such notice shall be sent to <br />the respective party's address as set forth on Page 1 of this Deed of Trust or to such other address <br />as such party may, by notice in writing, designate as its address. Any such notice shall constitute <br />service of notice hereunder three (3) days after the mailing thereof by certified mail, one (1) day <br />after the sending thereof by overnight carrier, and on the same day as the sending of a facsimile <br />pursuant to the terms hereof. <br />SECTION 10.7 Building Use. <br />During the entire term of the Note and this Deed of Trust, Trustor agrees not to convert <br />the Premises to a condominium or cooperative of any kind or to any use other than as a sales <br />building. In that connection, Trustor covenants that the sale of units and/or recording of <br />condominium or cooperative documents on the Premises or any part thereof shall constitute an <br />Event of Default. <br />15311/53;09/30/03 -27- <br />