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88- 10465E (d) release or re-convey or cause to be releesed or re- conveyed at any time at Beneficiary's option, any parcel, portion or all of the property; (e) take or release any other or additional security for any obligation herein mentioned; or ( f) make composi tions or other arrangements with debtors in relation thereto. lB. Governinq Law. This Deed of Trust shall be governed by the laws of the State of Nebraska and, in the event anyone or more of the provisions contained in this Deed of Trust, or the note or any other security instrument given in connection with this transaction shall be for any reason be held to be invalid, illegal or unen- forceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions of this Deed of Trust, but the Deed of Trust shall be construed as if such invalid, illegal or enforceable provision had never been con- tained herein or therein. 19. Effect of Forbearance. Any forebearance by Beneficiary or Trustee in exer- cising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waivG; of or preclude the exercise of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of any default of the Trustor under this Deed of Trust shall not be deemed to be a waiver of any ot~er or similar default subsequently occurring. 20. Re-conveyance by Trustee. Upon written request of the Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed of Trust and the note to the Trustee for cancellation and retention and upon payment by Trustor of Trustee1s fees, Trustee shall re-convey to Trustor, or the person or persons le- gally entitled thereto, without warranty, any portion of the property then held here- under. Recitals in such re-conveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. Grantees in the re-conveyance may be described as lithe person or persons legally entitled thereto.1I 21. Acceptance by Trustee. Trustee accepts this trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. IN WITNESS WHEREDF, Trustor has noted abc,va. executed this Deed of Trust on the date first ~?;2J Jamce M. Thayer / STATE OF NEBRASKA ) ) COUNTY OF .!illhb..-) ./ On this day of , 19_, before me, the undersigned, a Notary Public duly commissioned and Qualified for said County, personally came ERNEST J. THAYER AND JANICE m. THAYER, husband and wifeto me known to be the 1dentical person(s) whose name() are subscribed to the foregoinq instrument and acknowledged the e~ecution thereof to be their voluntary act and deed. Wi tness my hand and Notarial Seal at Grand Island, Nebraska t.he date aforesaid. in said County. My Commission expires: ..6...3 Fr' .-, J:-IlIA1Y..... ..... LCllS oIiAH MOMtlN ,,__"_"1. ld-'~ l -f" ~ Nota y Pul'1 i c d0 .' ...,,-~~-<--' -';-