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<br />200702204 <br /> <br />not affect any other provision of this Deed of Trust but the Deed of Trust shall be meant <br />and construed as if such provision had never been a part thereof. If any portion of the <br />old debt becomes unsecured for any reason, then at the option of Beneficiary, any and <br />all payments made hereunder may be declared to first apply to the portions of the debt <br />that have become or are non-secured. <br /> <br />16.5 Any payments by Trustor on the indebtedness secured by this Deed <br />of Trust shall be paid directly by Trustor to Beneficiary and Trustee shall have no duty <br />to account as to such payments. Trustee's only duty of accounting will be as to proceeds <br />received by Trustee from any sale of the property under the exercise of the power of sale. <br />Trustee shall have no duty by reason of being Trustee to record this Deed of Trust or to <br />ensure its validity or execution. Trustee shall be under no obligation to pay taxes, <br />insurance premiums, or other sums incidental to the preservation of the property <br />secured. Trustee shall not be liable and shall be held harmless and indemnified by the <br />parties for all acts or omissions except for acts of gross negligence or bad faith. <br /> <br />17. Acceptance by Trustee. Trustee accepts this trust when this Deed of <br />Trust, duly executed and acknowledged, is made a public record as provided by law. <br /> <br />IN WITNESS WHEREOF, Trustor and Beneficiary have executed this Deed of Trust <br />as of the date and year first above written. <br /> <br />"TRUSTOR" <br /> <br />WOODLAND PARK TOWNHOMES, LLC, a <br />Nebraska Limited liability company <br /> <br />By: Midwest Housing Initiatives, Inc., a Nebraska <br />nonprofit corporation, Managing Member <br /> <br />/ <br /> <br />/{ ...( ..' <br />-/i ...~ . .. % <br />/~;;:~2i". .(t:>; ul.<1~;/' <br />(H. Dean Graham, President <br /> <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF LANCASTER ) <br /> <br />The foregoing Agreement was acknowledged before me this~day of AAA(C\ <br />2007, by H. Dean Graham, President of Midwest Housin itiatives, Inc., Managing <br />Member of the Woodland Park Townhomes, LLC, on be f the co y. <br /> <br />.J:ERAL NOTARY-- at NebraSka <br />.. THERESA L BRAMMIER <br />MY comm. Exp. fell. " 2011 <br /> <br /> <br />L0730681.3 <br /> <br />-8- <br />