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88- 105439 15. ReqUlllllt tor NotIce. Trust.or heroby t'equcots 4 copy of nny not.lce of default Bnd that any notice of lIall! horeunder be mnlled [(1 Truntor at the address 8(1t forth In the first paragraph of thin Deed of TrUllt. 16~ Appointment of SUccolIDor Trustoc. Bencf icll1ry may. frOm time to t 1IIIe, by written instrument uocuted and aclmovledged by BeneHdory. mailed to Trustal' and recorded in the County in 'Which tha pl'oparty is loceted and by otherv1se complying with the prov1sions of the applicable loW' of the State of Nebraska. l!Iubstltuto a lIucce080r or lIuccensora to the Trustee named herein or acting heceunder. 17. Suecl!laaol's and Asa1ll;tls. TI\h OQed of Trunt opplleR to and inures to the benefit of and binds all parties hereto, their heirs, tCRateon, devlseeo, personal reprcsentotlvcs. successors and assigns. Thl!l term "Beneficiary" shall mean the ower and holder of the note. whether or not named as Beneficiary herein . 18. Benef1darv'~ Powers. lUthout nffectlng the 1101.l111ty of any other person liable for the pay- ment of any obligation herein mentioned. Ilnd "ithout affecting the lien or charge of this Deed of Trust upon any portion of the property not then or theretofore released as security for the full payment of all Wlpaid obligations. Beneficiary may, from time to time and without notice: (a) release any persons so liable; (b) eItend the maturity or alter aIlY of the terms of any such obl1glJtion: (c) grant other indulgences; (d) release or re-convey or cause to be released or re-conveyed at nny tlm2 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 i or (n make compositions or other arrangements with debtors in relation thereto. 19. Governlrut L.a.w. This Deed of Trust shall be governed by the laws of t.he State of Nebraska and. in the event anyone or more of the provisions contained in this Deed of Trust, or the note or any ot.her securiq. instrument given in connectIon vith this transaction shall be for Bny reason be held to be in- valid, illegal or unenforceable in any respect. such Inval1dity, illegality or unenforceabillty 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 contained herein or therein. 20. Effect of Forbearance. Any forbearance by Beneficiary or Trust.ee in exercising any right or remedy hereunder. or othervise afforded by appllcable law, shall not be a waiver of or preclude the l!Xer- cise of any such right or remedy hereunder. Likewise, the waiver by Benefidary or Trustee of any default of t.he Trustor under this Deed of Trust shall not be deemed to be a "aiver of any Dth.tr or similar de- fault subsequently occurring. 21. Re-conveyance by Trustee. Upon vritten request of the Benefic1nry stat ins that all sums secured hereby have been paid, and upon surrender of thiB Deed of Trut.lt and the note to t.he Trustee for cancel- lation and ret.ention and upon payment by Trustor of Tru!itee's fectI, Trustee shall re-convey t.o Trustor. Dr the person or persons legally entitled t.hereto. wit.hout warranty, sny portlon of the property then held hereunder. Recitals in such re-conveyance of any lIlBtters or facts shall he conclusive proof of the truthfulness thereof. Grantees in the re-conveyance tna~. be described as "the person or persons legally entitled thereto." 22. AccePtAnce by Trustee. Trustee accepts this truSt. when this Deed of Trust, duly executed and acknowledged. 1& made a public record 8S provided by law. IN WITNESS WHEREOF, Trustor has executed thls Deed of Trust Time: 3: OJ/i#!. Wl STATE OF NEBRASKA COIlllTY OF IIAIL On this 6th day of October . 19B 8 ,before me, the undersigned. a Notary Public duly cQiiiDi;SIoned and qualified for Baid County, personally came Chun-Ming- Wane: & MVot.!K.....Wang ~o me known t.o be the identical persan(s) whose name{s) are subscribed to t.he foregoing instrument and a~kno...ledg~ lhl! execution t.hereof t.o be their voluntary act and deed. Witneu9 my hand and Notarial Seal at Grand Island, NE aforesaid. in said County, the date My commission expires, ~W 2.4, II/i?tJ. ~.&~ Notary Public A~~lo ~ _... f1........ .