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<br />88- 102889 <br /> <br />(f) make compositions or other arrangements with <br />debtors in relation thereto. <br /> <br />19. Governing Law. This Deed of Trust shall be governed by <br />the laws of the State of Nebraska and, in the event anyone or <br />more of the provisions contained in this Deed of Trust,' or the <br />note or any other security instrument given in connection with <br />this transaction shall be for any reason be held to be invalid, <br />illegal or unenforceable in any respect, such invalidity, <br />illegality or unenforceability shall not affect any other provi- <br />sions of this Deed of Trust, but the Deed of Trust sha~l be con- <br />strued as if such invalid, illegal or enforceable provision had <br />never been contained herein or therein. <br /> <br />20. Effect of Forbearance. Any forbearance by Beneficiary <br />or Trustee in exercising any right or remedy hereunder, or other- <br />wise afforded by applicable law, shall not be a waiver of or pre- <br />clude the exercise of any such right or remedy h~T.eunder. Like- <br />wise, the waiver by Beneficiary or Trustee of any default of the <br />Trustor under this need of Trust shall not be deemed to be a <br />waiver of any other or similar default subsequently occur~ing. <br /> <br />21. Reconveyance by Trustee. Upon written ~equest of the <br />Beneficiary stat1ng that all sums secured hereby have been paid, <br />and upon surr.ender of this Deed of Trust and the note to the <br />Trustee for cancellation and retention and upon payment by <br />Trustor of Trustee's fees, Trustee shall reconvey to Trustor, or <br />the person or persons legally entitled thereto, without warranty, <br />any portion of the property then held hereunder. Recitals in <br />such reconveyance of any matters or facts shall be conclusive <br />proof of the truthfulness thereof. Grantees in the reconveyance <br />may be described as "the person or persons legally entitled <br />thereto." <br /> <br />22. Acceptance by Trustee. Trustee accepts this trust when <br />this Deed of Trust, duly executed and acknowledged, is made a <br />public record as provided by law. <br /> <br />IN WITNESS WHEREOF, Trustor has executed this Deed of Trust <br />on the date first noted above. <br /> <br />J1.-:( a~~-- <br /> <br />William L. Wernpr <br /> <br />~iVW WJUu1J!J <br /> <br />osemary Werner) <br /> <br />STATE OF NEBRASKA <br /> <br />5S: <br /> <br />COUNTY OF <br /> <br />Hall <br /> <br />": <br /> <br />.';~ <br /> <br />On this 27 day of m::oy , 1 98..a..' before me, <br />the undersigned, a Notary Public d~ly' comm1s5ioned and qualified <br />for said County, personally came W11Iiam L. Werner and Rosemary Werner <br />Husband imd Wi fe , to me known to be the 1dentical <br />person(s) whose name(s) (iE/are) subscribed to the foregoing Deed <br />04 Trust and (~./they/it) acknowledged the execution thereof <br />to be ~~,'~/their/~) voluntary act and deed. <br /> <br />Witness <br />said County, <br /> <br />my hand and Notarial Seal at Grand Island, Nebraska in <br />the date aforesaid. ..,)....--1 <br /> <br />~I~~ <br />\ /"" ,.,., <br />" ,If'-c..-- ~..c . _,(1'.-" <br />Notary 1C <br />J:moM. 1J1A11Y-stlll vI kbflW <br />LOll JIAN "ID"~N <br />., c.a bJ IIJy 11. <br /> <br />-6- <br />