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<br />88--1020G9
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<br />r- of Trust by reason of any demand made by the original Trustor and Trustor's
<br />successors in interest; (h) without affecting the liability of the Trustor
<br />or any other person liable for the payment of the obligations and indebted-
<br />ness secured by this Deed of Trust, and without affecting the lien or
<br />charge of this Deed of Trust upon any portion of the Property not then or
<br />theretofore released as security for the full amount of all unpaid obliga-
<br />tions, Beneficiary may, from time to time and without notice (i) release
<br />any person so liable, (ii) extend the maturity or alter any of the terms of
<br />any such obligation, (iii) grant other indulgences, (iv) release or recon-
<br />vey, or cause to be released or reconveyed at any time at Beneficiary's
<br />option any parcel, portion or all of the Property, (v) take or release any
<br />other or additional security for any obligation or indebtedness herein
<br />mentioned, or (vi) make compositions or other arrangements with debtors in
<br />relation thereto; (i) in addition to the rights and powers given to the
<br />Trustee and Beneficiary herein, the Beneficiary shall have all such other
<br />rights both in law and equity for collection of the indebtedness secured
<br />hereby as it would have but for this Deed of Trust; (j) all covenants and
<br />agreements of Trustor set forth in this Deed of Trust shall be joint and
<br />several; (k) this Deed of Trust shall be governed by the laws of the state
<br />of Nebraska; (1) in the event anyone or more of the provisions contained
<br />in this Deed of Trust, or the Note or any other security instrument given
<br />in connection with the indebtedness hereby secured shall for any reason be
<br />held to be invalid, illegal or unenforceable in any respect, such invalidi-
<br />ty, illegality, or unenforceability shall, at the option of Beneficiary,
<br />not affect any other provision of this Deed of Trust, but this Deed of
<br />Trust shall be construed as if such invalid, illegal, or unenforceable
<br />provision had never been contained herein or therein. If the lien of this
<br />Deed of Trust is invalid or unenforceable as to any part of the indebted-
<br />ness hereby secured or evidenced by the Note, or if the lien is invalid or
<br />unenforceable as to any part of the Property, the unsecured or partially
<br />secured portion of such indebtedness shall be completely paid prior to the
<br />payment of the remaining and secured or partially secured portion of such
<br />indebtedness, and all payments made on such indebtedness, whether voluntary
<br />or under foreclosure or other enforcement action or procedure, shall be
<br />considered to have been first paid on and applied to the full payment of
<br />that portion of such indebtedness which is not secured or not fully secured
<br />by the lien of this Deed of Trust; and (m) the covenants and agreements
<br />contained in this Deed of Trust shall bind, and the benefits and advantages
<br />hereof shall inure to the respective heirs, executors, administrators,
<br />successors and assigns of the parties hereto. Wherever used herein, the
<br />singular number shall include the plural and conversely, and the use of any
<br />gender shall be applicable to all genders. Wherever the term "Beneficiary"
<br />is used herein, it shall include the legal holder or holders of the Note or
<br />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
<br />and upon payment by Trustor of Trustee's fees, Trustee shall reconvey to
<br />Trustor, or the person or persons legally entitled thereto, without war-
<br />ranty, any portion of the Property then held by Trustee hereunder. The
<br />recitals in such reconveyance of any matters or facts shall be conclusive
<br />proof of the truthfulness thereof. The grantee of any reconveyance may be
<br />described as "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, re-
<br />quests or other communicqtions with respect to this Deed of Trust, each
<br />such notice, demand, request or other communication shall be in writing and
<br />shall be effective only if the same is delivered by personal service or
<br />mailed by certified mail, postage prepaid, return receipt requested,
<br />addressed to the address of the party to whom mailed as set forth at the
<br />end of this Deed of Trust. Any party may at any time change its address
<br />for such notices by delivering or maling to the other parties hereto, as
<br />aforesaid, a notice of such change. Any notice hereunder shall be deemed
<br />to have been given to Trustor or Beneficiary when given in the manner
<br />designated herein.
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