<br />88- 103050
<br />
<br />15, aequeet for Notice, Trustor hereby requests s copy of any notice of defeult and that any
<br />notice of sale hereunder be mailed to Trustor st the address set forth in the first paragrsph of this
<br />Deed of Truat,
<br />
<br />16, Appointment of Successor Trustee, Beneficiary may, from time to time, by written instrument
<br />eucuted and scknowledBed by Beneficiary, mailed to Trustor and recorded in the County in which the
<br />propsrty is located and by otherwise complying with the proviaiona of,tbe applicable law of the State
<br />of Nebraska, substitute a auccessor or successors to the Trustee named herein or acting bereunder.
<br />
<br />17, Successors and Asailns, This Deed of Trust applies to and inurea to the benefit of and binds
<br />all parties hereto, their heira, lsgatees, deviseea, personal representatives, successozs and &Bsigns.
<br />The tenil "Beneficiary" shall lIlBan the owner and holder of the note, whether or not named ae Beneficiary
<br />herein,
<br />
<br />18. Beneficiary's Powers. Without sffecting the liability of any other person liable for the pay-
<br />_t of any obligation her,in IIlBntioned, snd without affecting the lien or charse of this Deed of Tl'UIIt
<br />upon any portion of the property not then or theretofore released as security for the full psyment of
<br />all unpaid obligations, Beneficiary _yo frOlll ti_ to t1me and without notice:
<br />
<br />(a) release any persons so Hable;
<br />
<br />(b) extend the maturity or alter any of the terms of any such obligation;
<br />
<br />(c) grllllt other indulgences;
<br />
<br />(d) release or re-convey or cause to be released or re-conveyed at any
<br />tima at Beneficiary's option, any parcel, portion or all of the property;
<br />
<br />(e) take or release mny other or additional security for any obligation
<br />herein mentioned; or
<br />
<br />(f) make cODpositions or other arrangements with debtors in relation thereto.
<br />
<br />19. Governing Law. This Deed of Trust shell be goVerned by the laws of tbe State of Nebraska and.
<br />in the event anyone or UIOre of the provisions contained in this Deed of Trust, or the note or any other
<br />"ecurity instrlJllBnt given in connsction with thill trllllssction shall be for any reaBOD be t.eld to be in-
<br />valid, illegal or l'lumforceable ,in any respect, 8uch invalidity, illegality or unenforceabUlty shall
<br />not affect any other pTov,iIIions of this !lI!ed of Trust, but t he Deed of Trust shall be construed as if
<br />8ueh invalid, illegal or enforcesble provision bad never been contained herein or therein.
<br />
<br />~O. Effect of Forbearanc.e. Any forbearance by Seneficiary or Trustee in ..xerciBing lIllY right or
<br />remedy hereunder, or otherwise afforded by applicable law, shall not be a w.iger of or preclude the eker-
<br />ei8e uf any Buch right or rBlKdY hereunder. Likewise, the waiver by Beneficiary or Trustee of any default
<br />of the Trustor under this Deed of Truat ahall not be deemed to be e waiver of any other or stmilar de-
<br />fsult subsequently occurr1na.
<br />
<br />21. R..-coonYClee by !'rustse. Upon written requeat of the Beneficiary statil1g that aU SUlU aecured
<br />hereby have been paid, and upon surrender of thte Deed of Truet and the note to the Trust~e for caacel-
<br />1&t1on and retel1tion and upon pa}~nt by Truator of Trustee's fees, Trustee shall re-convey to Trustor,
<br />or the person or persons legally entitled thereto, without wsrranty, any portion of the property then
<br />held hereunder, bcitaa in auch re-conveyance of any matten or facts shall b.. conclunive prClGf of the
<br />truthfulrleBII thereof. Granten in the re-conveyance may be described as "the perBon or persons legally
<br />entitled therato."
<br />
<br />22. Acceptance by Trustee. Trustee IIcceptB this trust when this Deed of Trust, duly executed and
<br />acknowledged, ia ..de. public record as provided by law.
<br />
<br />IN WITlIESS IIl:ltRr;Ql'. !'rusror has e""outed thtH o.,ed of Trust on the date first noted abave.
<br />
<br />~J~tR n ",It s';AJ< /u(}; LL~ ~I
<br />Stepheft L. Gleason
<br />
<br />/15C> ~Gl~ ~~--=-----r>
<br />TiDE
<br />STATE or NEBRASKA
<br />
<br />_./'
<br />
<br />COUll1Y OF HALL
<br />
<br />On this 3rd day of June
<br />Public duly eoaaJssloned and qualified for
<br />to me known to be the identical perBan(s)
<br />and acknowledged the executiol1 thereof to
<br />
<br />881
<br />
<br />lusband
<br />"Wife
<br />
<br />, 196 8 ,before me. e ,jers e, Notary
<br />said County, personally came ~tep~ ~ li ~aaron R.
<br />Whu9~.Q~(S) are subscribed to the foregoing instrument
<br />be 11l.S/l1er vul untary act and deed.
<br />
<br />Gleason,
<br />
<br />lIltneBa my hand and Notarial Seal at
<br />afore'Aid.
<br />
<br />Grand Island, NE
<br />
<br />in said County. the date
<br />
<br />My coaadsaion expires:
<br />
<br />?.dlftl
<br />
<br />/)} ,/' (
<br />/!f."k//{j~ '
<br />
<br />Notary Public
<br />
<br />
<br />- ....".......
<br />.... VAHlCQ
<br />.......'" Uti
<br />
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