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<br />88- 105355 <br /> <br />1.5. Rllquent for Hotlet!. Trustor hereby requCtst. II eopy of any notice (Jf default and thllt any <br />notlcll of ~.le har-cunder be IlWIUed ::0 Trustor at tho addrel!lll BPt forth In the Hrllt p.uIIRra(,h of thh <br />Deed of Tru.t. <br /> <br />16. Appoint.ent of Succeuor Trlmtee. Beneficiary rfIlIY, from tim!! to tJlIlC, by V1'ltten Inntrmlent <br />e:rsc:uted and aeltnovletlScd by 8eneflclary, raalled tn Trustor IInd recorded in the County in which the <br />property Ie loeatd and by otherwise cOIIplylng with the prov181ons of the appl1cable 1IIv of the State <br />of Nebr...... lIubstitute II IIUc.CIlIDsat' or lIuc:ct!llIaora to the Tru.tell named herein or act lng henuT1del'. <br /> <br />17. SUCCe8S01'8 and AlIslRnIl. thill Deed of Trust applies to ond Inurell to the benefit of and binds <br />all partlllll hereto, thf!lr hell'S, It!Rlltees, dl!'vlseoll. personal representlltlves, BUCcel!lSOrll and ..".18nl!!. <br />The ten ItBeneficlaryll shall .ean tho owner III1d holder of the note, whether or not naDled all Deneflciary <br />herein . <br /> <br />ll!l. Jlenafichrv'lI POWI!r8. Without affecting the UabUlty of ony other person liable for the pny- <br />aent of any oblis_tion herein Illt!ntionl!d, and without affecting the lien or chal:'ge of this Deed of Trust <br />\'pon any port Ion of the property not then or t.heretofore Tcll!lIlIed 8S security for thl!! full payment of <br />all unpaid obltBation.ll, Benef1dary may. fr01ll time to time and without notice: <br /> <br />(a) relealle IIny persona 110 liable: <br /> <br />(b) extend the IIUIturity or alter any of the terms of any such ob!igationl <br /> <br />(e) grant other indulgences; <br /> <br />Cd) relealle or re-convcy Dr caU5e to be relelll!l.d aT re-conveyed at any <br />t.1IM at Benaficlary'. option. any parcel. portion or ..1 of the property; <br /> <br />(e) take or relellse nny other or additional security for Bny ohUBatlon <br />herein Iaent.looed; or <br /> <br />(n lUke composltlons or other arrBngements \11th debtors In relation thereto. <br /> <br />19. Goveminlt Law. Thill Deed of Trullt IIhall be governed by thl!! laws of the State of Nebrask.a Bnd, <br />In the I!!vent anyone or lIore of the pravi..,inns contained in this [)@~d of Trullt, or the not I!! or any othl!!t' <br />l!Iecurlty InstrUftlent Biven in connl!!ctlon with this transaction shall be for any reason be hl!!ld to be in- <br />v.ltd, illegal or unenforceable in .Any respect, such lnval1dit.y, 1lleRality (.or unenforceabilfty !lha!l <br />not affeet any other provh!ons of this Deed of Trust.. but the Deed of Trust ahrlll be construed a.ll if <br />l!Iuch invalid, illegal or enforceable provision had never been contained heretn or therein. <br /> <br />20. Effect of Porbearance. Any forhearnnce by Beneficiary 00:' Trustee In eltercbing !lIlY right or <br />reM!dr hereunder, or othl!!rvise afforded by appltcable law, shall not be a valveI' of or preclude the elter- <br />cilll!! of .uy such right or r~edy hereunder. Likewise, the waiver by Beneficiary or Trulltee of IIny default <br />of the Trustor under thiB Deed of Trust shall not be dee'llled to be B vaiver of IIny ochiEr or similar de- <br />fault subsequent ly occurring. <br /> <br />21. Re-conYeYflnce by Trustee. Upon ",rltten reqW!8t of the Beneficiary atatlng that 411 BUllS secured <br />hereby h.ve been paid, IInd upon surrender of this Deed of Trust and the note to the TrulItee for cancl!!l- <br />latlon md retention and upon payrrtent by Truator of Trustee's fees. Trustee ahall re-convey to Trustor, <br />or the per.on or per.ona legally ent It led thereto. without warranty. any port ion of the property then <br />held hereunder. Recltala In such re-conveyance of any IU.tterll or faeta ahall be conclullive proof of the <br />truchfulnlll.. therl!!of. Granteea In the re-conveyance ...y be descrlbl!d .a "the pen.on or peraona legally <br />entitled thereto." <br /> <br />22. Acceptance by Trustee. Trustee accepts this trust when th1R Deed of Trust, duly executed and <br />.cknovledBed. is ..de a publlc record .a provided by lav. <br /> <br />IN WItNESS W11~EOF, <br /> <br /> <br />Time: lip ;j,,dl, <br /> <br />STAn: OF HEBItASItA <br /> <br />COlllTY OF HALL <br /> <br />On thb 30th day of Septt:;fllber . 198~. before me, the underaf.sned. a NotllTY <br />~~~c .;~~ ~~~II~~:n~~e~;~c:~~~~~: (:Qr w;;~~ ~~:~~ m;~::~~~i~::e to t~~re:;in~j ~~rUllent <br />~nd acbovledsed the euc:utlon thereo( to be his voluntary llIct and deed. <br /> <br />illtr.e.. .y hand IIIld Nouriol Seal st Grand Island, NE <br />afore...id. <br />Hy .-'....on .xp1re.. ZPt1 eAl M4' 1 <II 1119 tJ_ <br /> <br />1n said County, the dllte <br /> <br />HDt.~ !f::ff~ <br /> <br />1J:'--=.r.....1 <br />' , ".........::. <br />