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<br />88- <br /> <br />102931 <br /> <br />16. OptlDn to Foreclose. Upon the occurrlnce Df Iny default hereunder, Beneficilry shall hIve the optiDn to <br />fDreclOll thla Trult Deed In the !111M" prov~ by I.w for the 'orecloaurl 0' mDrtgagea on real property. <br /> <br />17. Forah.renee by Benlflcltrv Dr Trult.. Not e Wllver, Anv fo"be.lnce bV Blneflcllry or Truat.. In <br />.x.rclllng Inv right or rlmedy hereunder. or othlrwlll' Ifforded by IppllClbl1 Ilw. iihell not be . w.lver of or pre. <br />clude the uen:l.. of eny luch right or remedv hereunder. Llkewl... the wllver by Beneficiary or Trult. of lilY <br />def;)ult of Truator uncl. thll Trult DIId Ihlll not be d.med to b. . wllver 0' Iny other or Ilmil.r d.flul(II'~bI. <br />qUllltlYOCCUrrlng. <br /> <br />18. Trultor Not R'elelllltl. EAtenalon of the time for Plyment or modlficetlol1 or ImDrtlzltlDn of the luma <br />.ecured by thll Trult ~ fjrlflted bv BenlflclllrV to any wee_lOr In Intlrelt of Trultor Ih.1I not operlt. to "I..... <br />In illY I'l",nner. thl IIlb1l1ty of thl o"gll\ll Trultor Ind Trultor'l luoctMor In lnt.ren. B.neflclery Ihlll not be <br />rwquired to commence pr~illfll...lnn auc:h wccnsor or rlfu.. to ext.nd time for pIIymll,t or otherwise modify <br />IImDrtlz~tlDn of the .uml ucured by thla Trult Deed bv ntllOn of Inv demand midi bll thl orlglnll Trustor trId <br />Tru.tor. lucclUOrlln InterlSt. <br /> <br />.19. BenlficillY'l Pow..... Without Iffeetlng the IIlbllity of the Trustor or .ny 'lther 'perlOn II.-ble for thl <br />PI'I;nent of MY obIlptlon ....reln mentioned. IIld wlthDut offectlng thl IIln or c....rge of thll Trult D.d upon <br />lilY portion of the ProP'rtY not then Dr therltofor. ,.Iuted IS ..curlly ~or the fulllmount of III unptld.obllgltlGnI, <br />8tneficllry mlY. from tlml to tlm. Ind without notlc. III rllllM lilY person 10 IIlbl.. Iii) .xtlnd the mlturity or <br />.Iter any of the terl'lll of WlY .uch obllgltions. lililllr.nt otl\ar indullllncel. !Iv) rlll.1 or reconv.y, or cause ~o be <br />rellUlld or rKOllYeyld It .ny tlm.1t a....fielerv'. options Inv ~WdCi_iji,r~~.,oPei;tv. I~l tiki Dr <br />rei... any other or edo:alonll llcurlty for Inv obllgltion herli1m"'MIld~'kl ~poiltlona or uther <br />IrrangemWlU with dtbtorlln "lltlon thereto. IIII! .1 .0 ~,J ..",,::- ,;o! "'~;'....i.':'''' ; <br />-'..'...,.'..._-..................'~--.-~. .......,..-..... ~<,<>....,. ~ <br /> <br />20. Reconvlvence bv TrUlt.. Upon written requIst of Bln.ficlerV atltlng thlt Illsuml HO.Ired herlby hllll <br />been paid, Ind upon aurrender of tnla Trust DIId Ind the Not. to Trust. for cenc.llltion Ind retention Ind upon <br />PoIyment by TrustOr Df Trult.', fHl. Tru.t. lhall nleonw.v to Trultor. or the perlOn or pinons legllly .ntitled <br />thfitlto. without _mIllY, .ny portion of the Propeny then held hereunder, Th. recitals in such rllCOl1vey.nc. of <br />.ny mitten or flCtS lIlall b. conclullv. proof of thl truthfulness therlOf, The gr.nt. In Inv reconvlYlnce mlV be <br />dlSl:llbtd II "thl pertOn or Plnont legally Intltled th....to". <br /> <br />21. ~ Exctpt for Iny notlc.. d.mends. r.qullts or other communications required under .pplic.bll <br />1_ to be glv.n In lnothll' manner, whenlVer Ben.ficl.rv, Trultor or Trust.. givll or ..rv.. .nv notice (Including, <br />without IImltltlon. notlee of defeult II1d notlc. of ul.l. d.mlndl. rlqUllltl or other communlcltlon with r.PlCt <br />to thll Trust DMd. IKh IIUCh notlc., demlnd. n1qu.it or other communicetlon Ih.1I b.. In writing Ind .hlll be <br />IfflCtiv. only If thl ..ml I. dlllvered by PII'IOnal u,..,lcI or milled by certlfled mln, ponalll prePlld. return recel!Qt <br />requested, 1dd....1d to the tdd...1 .. lit fonh .t thl beglnninll of this TNn Deed. Trustor hereby requens thlt . <br />copy of IllV notice of d.flult. Inv notlc. of ule. required or permitted to be lllv," thl Trullor h.reunder. be mliled <br />to h It the Iddr.s ..t forth .t the beglnnlng of this Trult DIId. AnV p.ny mlY It Iny tlm. chlnlll iu addreu for <br />such notlcta by dlllYlrlJ1ll or !lllIII"I to the ot....r pertlll heretD. II lfor.lld, . notice of such chlnll" Anv notlcl <br />hll'lUndw .....11 be d..-ned to hall. bIIn gIv.n to TrustDr or Blneficlll'Y. w....n given In the menner d.signated ....rtin. <br /> <br />27. Governing Law. Thl, Trult Deed Ihllllro pernld by the I.WI of the Stitt of NlbrllkL <br /> <br />23. SuccIAOf1 end Alsip. Thll Trust Deed Ind III t.rml. COnditions and oblillltlonl herein IpplV to Ind <br />inull ItO the benefit 0' end bind III penl. herlto. their h.lrI, IlIIIt... dtvl_l. peraonll repr...nt.tlvlll, auccBlOn <br />end ..Igna. The term "B_ficia'y" Ihlll mlln tM owner .nd hold.r of the Not.. whither or not named.. B.n. <br />flclery IItrlln. <br /> <br />24. Joint end Slverll Ulblllly. AI! cOllenlnu.nd Igreemtnu of Trustor shill be joint Ind severll. <br /> <br />25. Stv....l:;llit'(: In the lY.nt .nv ona or more of the provi.lons conttinud in this Trult Deed. or thl Notl or <br />eny oth. aacurlty Innrum"'l given In connecthm with this for Inv "'lIOn bl held to be Invllid. 111II1II or unenforc.. <br />Ibl. In any rllPlCl. auch Irwtllcllty. 1Ilepllty. or un.n'orc.blllty Ihall, It the optlDn of B.neflcllI'Y, not 1"1C1.ny <br />othll' prowlalon 0' thll TMt DHcI. bul thll Trult Dnd Ihlll be ccnl1N1d .1 If auch Invllld. 111...1. Dr un.nforcllbll <br />llrovlllon h" nllter INM ...,..1nH h.ftln or theteln, " t,,.II.n of"" Tl"~ "'-1~..eMI~"rllll.I' .1 to <br />IIlV PfIR of tM .... 1M' If the lI.n It frwllld Dr ul\llnforcelble ..~............j~llanIICUred or <br />Plrt/IIII _QUr" portlon.f the.., an.ii b. IIOfnplllllv Plld prior (\:I, "~,,N...-~,,' ,!.,m, ~,~'.,' .!~d lecured or <br />PI"'tlly _rill ponlon af ..... debt. end all peymlll1tl mild. on the ~rAHl oJ: W llr fOVllllo...ra Dr <br />other enforcemen, lOtion Dr proolllura. .".11 be considered to hlYe ~Mnf(;.i~Pliliioliinillppll.d to the fuli PlV' <br />mint of that portion 0' thl debt wtll~ II not lICured or not fullV IIa.IrId bV thl lien of thll Trult Dlld. <br /> <br />t. <br /> <br />....;. <br /> <br />26. Numb" .nd Gender, Wh'OI'J",r uted heroin, till singular number 511111 includl the plurel, the plu...I, <br />the Ilnguler, .nd the UII of Illy lJItlder Ihlll be applicable 10 allllelldell, <br /> <br />21. AcceptlllC. by Trult.. Trull" ICC.pU this Trust when thll TtuI' Deed. duly IlCecuted Ind leknowl. <br />edQId, II midi I public record II provided by Ilw. <br /> <br />A.... 71U4 <br /> <br />""UI!) of Il <br />