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<br />88-105077
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<br />l~. Requeat for Hotlce, TrulItnr hereby nqulI.U . copy of any notice of detault ,md that any
<br />notice ot ..le hereunder' be Mlled to Trustor at the Ilddren Bet forth In the flnt paral\raph of thh
<br />Deed of TrWlt.
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<br />16. AIlPointlHlnt: of SUC:CllIllllor Trunllll!l. Beneficiary may, frOll e._e to tl_, by vritten inatl'UIIent
<br />aneuted and acltnovledsed by Bendlc1.ry t ...l1ed to Trustor and r~corded In the County In vhich the
<br />proput)' b louted and by othllrvbe cOlllplylng vith the provhionll of the IIppUcabh law of the SUte
<br />of "abruu, aubatlt:ute a lIUCCl!IlIlIOr or IIUCCCl!UIOE'lI to the Trustee nallled herein or act inK hereunder.
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<br />17. Successors and ",..lKOII, this Deed of Trust IIppllea to and Inurell to the benefit of and bind.
<br />.U parth. hereto, their heln, le8.tees, devisees, penonal represent.tivell, luccelUlora and ..dBnll.
<br />The tllm tlBenefidary" Ihall aun the owner and holder or the note, whether or not nallled all Beneftchry
<br />herein.
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<br />18. Beneficiary's Powers. Without affectinl the llabiUty of Dny other penon l:lable for the pay-
<br />1IeIlt of any obUgatlon herein IlIentioned, and without affecting the Uen or charge of thb Deed of TrU3t
<br />upon. any portion of the property not th~n or theretofore released 8S secudty for the full pa,..ent of
<br />811 UIIpald obUsatlons, Beneficiary may, hOll Utile to tllM and without notice:
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<br />(a) release any persons so liable:
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<br />(b) eztend the maturity or nlter any of the terms of any such obUgation;
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<br />(c) grant other indulgences;
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<br />(d) release or re-convey or cause to be released or re-convl!!Iyed at any
<br />tiIR at Beneflduy's option, any parcel, portion or aU of the property;
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<br />(e) take or rele..e any acheI:' 01:' additional security for lin,. obU.ation
<br />herein I14!!ntioned; or
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<br />(f) _ke compol'litlons or other arrsngUlento with debtors In I:'elation thereto.
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<br />19.. Governil1Jt Law. This Deed of Trust shall be governed by the lawa of the Stste of Nebraska and,
<br />In the event anyone Dr 1Il0re nf the provisions contained In thb Deed of Trust, or the note or any other
<br />aecudty InstrUlllll!nt given In connection with this transaction shall be for any reason be held to be In-
<br />vaUd, Ulegal or lDlenforce3ble 10 any respect, Buch invalidity, illegality or unenforceabiUty shall
<br />not affect any other provisions of this Deed of Trust:. but the Deed of TruBt shall bl!! construed 88 if
<br />such invalid, Ulegal or enforeeable provision had never been eontained herein or therein.
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<br />20. Effect of Forbearance. Any forbearance by Beneficiary Dr Trustee in eKerciBing any r!Qht or
<br />remedy hereunder, or otherwise afforded by applicable law, shall not be l! walver of Dr preclude the exer-
<br />cbe of any such right or remedy hereunder. Likewi8e, the waiver by Beneftchry or Trustee of any default
<br />of the TrW!lto~ under thill Deed of Trust shall not be deemzd to be . w.lver of any other or !limllar de-
<br />fault aubaequently occurring.
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<br />21. Re-conveyance by Trustee. Upon written request of the Beneficiary IItating that all sums secured
<br />hereby have be~ paid, and upon surrender of this Deed of Trust and the note to the Trustee for cancel-
<br />l.tion and retention and upon payment by Trustor of Trustee's fees, Trul!Jtee shall re-convey to Trustor,
<br />or the person or persons legally entitled thereto, without ",arrsnty, any port:ion of the property then
<br />held hereunder. Recitals in such re-conveyance of any 1IIAtters or facts shall be conclualve proof of the
<br />truthfulness thereof. Grantees In the re-conveyance lIlay be described a8 lithe perllon or personll legally
<br />entitled thereto."
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<br />22. Acceptance by Trul!ltee. Trustee accepts thla trul!lt when this Deed of Trust, duly executed and
<br />acknovledled, is ..de. publlc record .. provided by law.
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<br />III VITH!SS WHEREOF. Tru.tor hs. executed thh Deed of Truat on the d.te first noted above.
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<br />Time:
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<br />/0. /)' d ,.-7,
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<br />~df?k'JL~
<br />~;;:c~ A~'/~-:i
<br />e va . BUclll10
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<br />STAn OF NEaRASKA
<br />COUNTY 0' HAlL
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<br />On thb 19th day of September , 19B~, before me, the undersigned, . Notuy
<br />P!JbUc duly cOlllllh.foned Dnd qualified for said County, personlllly came Arthur L. & Melva G. Bnc.bholz,
<br />to De known to be the Identical person(fI) whose name(lI) are subscribed to the fongoing lnstruaenHusband & Wife
<br />and .clmovledaed the ex.cution thereof to be their voluntary act and deed.
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<br />Wltneaa my hand and Notarial Seal at Grand Island I NE
<br />afore..id.
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<br />in said Count,., the dste
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<br />"1 cmm.lsdon expire.:
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<br />,p-5-9!
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<br />. /~/v-~~d----?i!:'~
<br />Notao PubUc
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