<br />r
<br />
<br />21. If Trustor shall sell or convey the Trust Property, or any part thereof, or any interest therei~~;::llll~.fd~f~s title,
<br />or any int.erest therein, in any manner or way, whether voluntarily or involuntarily, without the written consent of Beneficiary being
<br />first had 0[,": obtained, Beneficiary shall have the right at its option to declare any indebtedness or obligations secured hereby,
<br />irresrective of the maturity date specified in any note evidencing the same, immediately due and payable without notice, and said
<br />debt shall thereupon become absolute. If the ownership of the Trust Property, or any part thereof, becomes vested in a person other
<br />than the Trustor, Beneficiary and Trustee may, without notice to the Trustor, deal with such successor or successors in interest
<br />with reference to this Deed of Trust and the debt hereby secured as with the Trustor, and may forbear to sue or may extend time for
<br />payment of the debt hereby secured without discharging or in any way affecting the liability of the original Trustor hereunder, or
<br />upon the debt secured.
<br />22. Trustor will pay to Trustee and to the Beneficiary. respectively, upon demand, the amounts of all sums of money which either
<br />shall have paid or expended incuring any default of Trustor under this Deed of Trust, together with interest upon each of said
<br />&mounts, until paid, from the time of expenditure thereof, at the rate of 18% per annum. All of said sums shall be due and payable
<br />together with interest aforesaid. immediately upon the advancement thereof. Neither Trustee nor Beneficiary shall be un"!"!" 'my
<br />obligation, however. to cure any default of Trustor.
<br />23. In case Trustor shall well and truly perform its obligations under this Deed of Trust, and payor cause to be paid LL" debt
<br />evidenced by the Note and all other moneys agreed to be paid by it under the terms, provisions and conditioI!s of any other security
<br />instrument given in connection with this transaction, and also the reasonable expenses of the Trost herein provided. then the
<br />Trustee, its successors or assigns. shall reconvey to Trustor all of the Trust Property conveyed to the Trustee by the Trustor. Any
<br />part of the Trust Property may be reconveyed, at any time, to the Trustor at the request of the Beneficiary without affecting the
<br />validity and priority of the lien of this Deed of Trust upon the remainder of the Trust Property.
<br />24. In the event of anyone or more of the provisions contained in this Deed of Trust, or of the Note or any other security
<br />instrument given in connection with this transaction shall for any reason be held to be invalid, illegal or unenforceable in any
<br />respect. such invalidity. illegality or unenforceability shall, at the option of Beneficiary, not affect any other provision of this Deed
<br />of Trust, but this Deed of Trust shaD be construed as if such invalid. illegal or unenforceable provision had never been contained
<br />herein or therein.
<br />25. Whenever used. herein, the singular number shall include the plural, the plural the singular, the use of any gender shall be
<br />applicable to all genders and the term "Beneficiary" shall include any payee of the indebtedness hereby secured or any transferee
<br />thereof, whether by operation of law or otherwise. . -
<br />26. Other Consideration. The parties recognize and acknowledge that part of the cons~derat:LOn
<br />
<br />for this Deed of Trust is to give a Deed of Reconveyance on Lot Ten (10), Block "An,
<br />
<br />Northbrook 3rd Addition to the City of Columbus. Platte County. Nebraska in exchange
<br />
<br />for obtaining a Deed of Trust on Lot 32, Regency By The Green, Subdivision, Grand Island,
<br />
<br />Hall County, Nebraska.
<br />
<br />27. Request for Notice. Trustor hereby requests that a copy of any notice of default and a copy of any notice of sale thereunder
<br />shall be mailed to each person or entity who is a party hereto at the address of s9-ch person or entity set forth herein.
<br />
<br />IN WITNESS WHEREOF, this Deed of Trust has been duly executed t,he 6a{~nd year ~ereina~wn7'tte . /
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<br />STATE OF NEBRASKA
<br />COUNTY OF PLA TIE
<br />
<br />ss.
<br />
<br />On this _~ay of April 1988 ,before me. the undersigned. a Notary Public duly
<br />
<br />commissioned and qualified in and for said County. personally came GARY C. ROSENBACH and SUSAN J. ROSENBACH.
<br />
<br />husband and wif e who is/are personally known to me to be the identical personlsl whose names are affixed to
<br />the foregoing instrument and acknowledged the execution thereof to be Ihisl lIlerl (theirl voluntary act and deed.
<br />
<br />WITNESS my hand and Notarial Seal the day and year last above written,
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