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<br />88- 'l06959 <br /> <br />with sale, Trustaa shall apply the proceeds of Bale to payment of (1) all sums <br />expended under the terms hereof, not thon repaid, with accrued interest at 10 <br />percent per annum, (ii) all other sums then secured hereby, and (Hi) the <br />remainder, if any, to the person or persons legally entitled thereto. <br /> <br />(c) Trustee may, in the manner prOVided by law, postpone sale of all or any <br />portion of the Trustee Estate, <br /> <br />12. RIlMIlDIES NOT EXCLUSIVE. Trustee and Beneficiary, and each of them, <br />shall be entitled to enforce payment and performance of any indebtedness or <br />obligations secured hereby and to exercise all rights and powers under this Deed <br />of Trust Dr under any Loan Instrument or other agreement or any laws now or <br />hereafter in force, notwithstanding some or all of the such indebtedness and <br />obligations secured hereby may now or hereafter be otherwise secured, whether by <br />mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the <br />acceptance of this Deed of Trust nor its enforcement whether by court action or <br />purSuBut to the power of sale or other powers herein contained, shall prejudice <br />or in any manner affect Trustee's or Beneficiary's right to realize upon or <br />enforce any other security now or hereafter held by Trustee or Beneficiary, it <br />being agreed that Trustee and Beneficiary, and each of them, shall be entitled to <br />enforce this Deed of Trust and any other security now or hereafter held by <br />Benef lciary or Trustee, in such order and manner as they or either of them may in <br />their absolute discretion determine. No remedy herein conferred upon or reserved <br />to Trustee or Beneficiary is intended to be exclusive of any other remedy herein <br />or by law provided or permitted, but each shall be cumulative and shall be in <br />addition to every other remedy given hereunder or now or hereafter existing at <br />law or in equity or by statute. Every power or remedy given by any of the Loan <br />Instruments to Trustee or Beneficiary or to which either of them may be otherwise <br />entitled, may be exercised, concurrently or independently, from time to time, and <br />as often as may be deemed expedient by Trustee or Beneficiary; and either of them <br />may pursue inconsistent remedies. Nothing herein shall be construed as <br />prohibiting Beneficiary from seeking a deficiency judgment against the Trustor to <br />the extent such action is permitted by law. <br /> <br />13. RIlQUIlST FOR NOTICE. Trustor hereby requests a copy of any notice of <br />default, and that any notice of sale hereunder be mailed to it at the address set <br />forth in the first paragraph of this Deed of Trust. <br /> <br />14. GOVERNING LAW. This Deed of Trust shall be governed by the laws of the <br />State of Nebraska. In the event that any provision or clause of any of the Loan <br />Instruments conflicts with applicable laws, such conflicts shall not affect ether <br />provisions of such Loan Instruments which can be given effect without the <br />conflicting provisions; and to this end, the provisions of the Loan Instruments <br />are declared to be severable. This instrument cannot be waived, changed, <br />discharged, or terminated orally, but only by an instrument in writing signed by <br />the party against whom enforcement of any waiver, change, discharge or <br />termination is sought. <br /> <br />15. RIlCONVllYANCE BY TRUSTEE. Upon written request of Beneficiary stating <br />that all sums secured hereby have been paid, and upon surrender of this Deed of <br />Trust and the Note to Trustee for cancellation and retention and upon payment by <br />Trustor of Trustee's fees, Trustee shall reconvey to Trustor, or the person or <br />persons legally entitled thereto, without warranty, any portion of the Trust <br />Estate then held hereunder. The recitals in such reconveyance of any matters or <br />facts shall be conclosive proof of the truthfulness thereof. The grantee in any <br />reconveyance may be described as lithe person or persons legally entitled <br />thereto". <br /> <br />16. NOTICES. Whenever Beneficiary, Trustor r or Trustee shall desire to <br />give or serve any notice, demand, request or other communication with respect to <br />this Deed of Trust, each such notice, demand, request or other corranunlcation <br />shall be in writing and shall be effective only if the same is delivered by <br />personal service or mailed by certified mail, postage prepaid, return receipt <br />requested, addressed to the address set forth at the beginning of this Deed of <br />Trust. Any party may at this time change its address for such notices by <br />delivering or mailing to the other partieu hereto, as aforesaid, a notice of such <br />change. <br /> <br />17. ACCEPTANCE BY TRUSTEE. Trustee accepts this Trust when this Oeed of <br />Trust, duly executed and acknowledged, is made a public record as provided by <br /> <br />-4- <br />