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<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 />