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I 88'-101702 ficinry, and either of them may pursue inconllistent remedies. hibiting Beneficiary from seeking a deficiency judgment against permitted by la~. 15. Request for Notice. Trustor hereby requests a copy of any notice of default nnd that any notice of sale hereunder be mailed to T~ustor at the address set forth in the first paragraph of this Deed of Trus t. Nothing herein shall be construed as pro- Trustor to the extent such action is 16. Appointment of Successor Trustee. Beneficiary may, from time to time, by written instrument executed and acknowledged by Beneficiary, mailed to Trustor and recorded in the County in ~hich the proper- ty is located and by other~ise complying with the provisions of the applicable la~ of the State of Nebraska, substitute a successor or successors to the Trustee named herein or acting hereWlder. 17. Successors and Assigns. This Deed of Trust applies to and inures to the benefit of and binds all parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns. The term "Beneficiary" shall mean the owner and holder of the note, whether or not named as Beneficiary herein. 18. Beneficiary's Powers. Without affecting the liability of any other person liable for the payment of any obligation herein mentioned. and ~ithout affecting the lien or charge of this Deed of Trust upon any portion of the property not then or theretofore released as security for the full payment of all unpaid obligations. Beneficiary may, from time to time and without notice: (a) release any persons so liable; (b) extend the maturitl' or alter any 'If the terms of any such obll.gation; (c) grant other indulgences; (d) release or re-convey or cause to be released or re-conveyed at any time at Beneficiary's option, any parcel, portion or all of the property; (e) take or release any other or additional security for any obligation herein mentioned; or (f) make compositions or other arrangements with debtors l.n relation thereto. 19. Governing La~. This Deed of Trust shall be governed by the laws of the State of Nebraska and, in the event anyone or more ~f the prov~sions contained in this Deed of Trust, or the note aT any other se- curity instrument given in connectiJn ~ith this transaction shall be for any renson be held to be invalid, illegal or unenforceable in any respect, ~~~h invalidity, illegality or unenforceability shall not affect any other proviSions of this Deed c! Trust, but the Deed of Trust shall be construed as if such invalid, illegal or enforcE~~;'c prOVision had n,"ver been contained herein or therein. 20. Effect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exer- cise of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of any default of the Trustor under this Deed of Trust shall not be deemed to be a waiver of any other or similar default subsequently occurring. 21. Re-conveyance bv Trustee. Upon written request of the Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed of Trust and the note to the Trustee for cancellation and retention and upon payment by Trustor of lrustee's fees, Trustee shall re-convey to Trustor, or the person or persons legally entitled thereto, ~ithout ~arranty, any portion of the property then held here- under. Recitals in such re-conveyance of any matters or facts shall be conclusive proof of the truthful- ness thereof. Grantees in the re-conveyance may be described as "the person or persons legally Cllt i tIed thereto." 22. Acceptance by Trustee. Trustee accepts this trust ~hen this Deed of Trust, duly executed and ackno~ledged. is made a public record as provided by la~. IN WITNESS WHEREOF, Trustor has executed this Deed of Trust on date first noted above. ~- cr STATE OF NEBRASKA COUNTY OF HALL ss: On this 29th day of March , 198~, before me, the undersigned, a Notary Pub] tc duly commissioned and qualified for said County, personally came Fredrick A. and CIa C. I3osselman, to me known to be the identical person(s) whose name(s) ~/are) subscribed to the foregoing Deed of Trust and {he/she/~ acknowledged the execution thereof to be (his/her~ voluntary nct and deed, Witness my hand and Notarial Seal at Grand Island, NE in said County, the date aforesaid. d~~ b<NJe ,~L~_ ~ *'Tg'f.Sttut __ 0 a y Public . (B LOlS D. Ha,~ ~ Iy.... fJJ. SIll ;1"'1"",-