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<br />100G1138S
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<br />t:ione,<jiE!neficiax;y may, f~om t,im~ tQ timea~qwit,h9ut notice (i) release any
<br />persone91i.ble,(ii) extend the ma.turity or alter any of the t~rms of such
<br />hObligat:;i.pn., (iii) grant other indulgences, (iv) rele.ase or reconvey,' or cause
<br />',to.b~:r'~leased or reconveyed at any time at Beneficiary's option any parcel,
<br />,.pprtd.Qnor all of the Property, (v) take or release any other or additional
<br /><'security for any'obligation or indebtedness herein mentioned, or (vi) make
<br />>'compo,itions or other arrangements with debtors in relation thereto; (i) in
<br />,. a<idition to the rights and powers given to the Trustee and Beneficiary
<br />herein, the Beneficiary shall have all such other rigJ;1ts both in' law and
<br />equity for collection of the indebtedness secured hereby as it would have but
<br />for this Deed of Trust; (j) all covenants and agreements of Trustor set forth
<br />in this Deed of Tru~t shall be joint and several; (k) this Deed of Trust
<br />shall be governed by the laws of the State of Nebraska; (1) in the event any
<br />one or more of the provisions contained in this Deed of Trust, or the Note or
<br />any other security instrument given in connection with the indebtedness
<br />hereby secured shall for any reason be held to be invalid,illegal or
<br />unenforceable in any respect, such invalidity, illegality, or unenforce-
<br />ability shall, at the option of Beneficiary, not affect ,any other provision
<br />of this Deed of Trust, but this Deed of Trust Shall be construed as if such
<br />invalid, illegal, or unenforceable provision had never been contained herein
<br />or therein. If the lien of this Deed of Trust is invalid or unenforceable as
<br />to any part of the indebtedness hereby secured or evidenced by the Note, or
<br />if the lien is invalid or unenforceaple as to any part of the Property, the
<br />unsecured or partially secured portion of such indebtedness shall be
<br />completely paid prior to the payment of the remaining and secured or
<br />partially secured portion of such indebtedness, and all payments made on such
<br />indebtedness, whether voluntary or under foreclosure or other enforcement
<br />action or procedure, shall be considered to have been first paid on and
<br />applied to the full payment of that portion of such indebtedness which is not
<br />secured or not fully secured by the lien of this Deed of Trust; and (m) the
<br />covenants and agreements contained in this Deed of Trust shall bind, and the
<br />benefits and advantages hereof shall inure to the respective heirs,
<br />executors, administrators, successors and assigns of the parties hereto.
<br />Wherever used herein, the singular number shall include the plural ' and
<br />conversely, and the use of any gender shall be applicable to all genders.
<br />Wherever the term "Beneficiary" is used herein, it shall include the legal
<br />holder or holders of the Note or the indebtedness secured hereby.
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<br />SEVENTH. Upon written request of Beneficiary stating that all amounts,
<br />and indebtedness secured hereby have been paid, and upon surrender of this
<br />Deed of Trust and the Note to Trustee. for the cancellation and retention and
<br />upon payment by Trustor of Trustee's fees, Trustee shall reconvey to Trustor,
<br />or the person or persons legally entitled thereto, without warranty, any
<br />portion of the Property then held by Trustee hereunder. The recitals in such
<br />reconveyance of any matters or facts shall be conclusive proof of the
<br />truthfulness thereof. The grantee of any reconveyance may be described as
<br />"the person or persons legally entitled thereto."
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<br />EIGHTH. Except for any notices, demands, requests or other communica-
<br />tions required under applicable law to be given in another manner, whenever
<br />Beneficiary ,Trustor or Trustee gives or serves any notice (inCluding,
<br />without limitation, notice of default and notice of sale) , demands, requests
<br />or other communications with respect to this Deed of Trust, each such notice,
<br />demand, request or other communication shall be in writing and shall be
<br />effective only if the same is delivered by personal service or mailed by
<br />certified mail, postage prepaid, return receipt requested, addressed to the
<br />address of the party to whom mailed as set forth at the end of this Deed of
<br />Trust. Any party may at any time change its address for such notices by
<br />delivering or mailing to the other parties hereto, as aforesaid, a notice of
<br />such change. Any notice hereunder shall be deemed to have been given to
<br />Trustor or Beneficiary when given in the manner designated herein.
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<br />IN WITNESS WHEREOF, the Trustor has signed and delivered this Deed of
<br />Trust the day and year first above written.
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<br />.AAf\.A,l> \,
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<br />Wade Ki'ng Wils~n, Trustor
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<br />Post Office Address:
<br />3027 West Capital Ave.
<br />Grand Island, NE68803
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