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<br />200703195
<br />with the law then in effect. Recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all reasonable costs and expenses of the sale, including but
<br />not limited to Trustee's fees of not more than 2% of the gross sale price, reasonable attorney fees and costs of title evidence; (h) to all
<br />sums secured by this Deed of Trust; and (c) the excess, if any, to the person or persons legally entitled thereto. Any person,
<br />including the Beneficiary, may purchase said property at said sale_ Trustee may in the manner provided by law, postpone sale of all
<br />or any portion of the property.
<br />13 Trustee and the Beneficiary, and each of them, shall be entitled to enforce payment and performance of any indebtedness or
<br />obligation secured hereby and to exercise all rights and powers under this Deed of Trust or under any loan instnuuent or other
<br />agreement or any laws nor or hereafter enforced notwithstanding some or all of the indebtedness and obligations secured hereby
<br />which may now or hereafter be otherwise secured, whether by mortgage, deed of trust, pledge, lien, assignment or otherwise
<br />Ncither the acceptance of this Deed of Trust nor its enforcement, whether by court action or pursuant to the power of sale or other
<br />powers herein contained, shaH prejudice or in any manner affect Trustee's or the Beneficiary's right to realize upon or enforce any
<br />other security now or hereafter held by Trustee or the Beneficiary, it being agreed that Trustee and the Beneficiary, and each of
<br />them, shall be entitled to enforce this Deed of Trust and any other security now or hereafter held by the Beneficiary or Trustee in
<br />such order and manner as they may in their absolute discretion determine_ No remedy herein conferred upon or reserved to Trustee
<br />or Beneficiary is intended to be exclusive of any other remedy herein or by law provided or permitted, but each shall be cumulative
<br />and shall be in addition to every other remedy given hereunder or now or hereafter existing at law or equity or by statute_ Every
<br />power or remedy given by any of the loan instruments to Trustee or the Beneficiary or to which either of them may be otherwise
<br />entitled may be exercised, concurrently or independently, from time to time and as often as may be deemed expedient by Trustee or
<br />Beneficiary, and either of them may pursue inconsistent remedies_ Nothing herein shall be construed as prohibiting the Beneficial)'
<br />from seeking a deficiency judgment against Trustors to the extent such action is permitted by law,
<br />14. Trustors hereby request a copy of any notice of default and that any notice of sale hereunder be mailed 10 Trustors at the
<br />address set forth in the first paragraph of this Deed of Trust.
<br />15. The Beneficiary may, by a written instrument executed and acknowledged by Beneficiary, mailed to Trustors and recorded in
<br />the County in which the property is located and by otherwise complying with the provisions of the applicable law of the State of
<br />Nebraska, substitute a successor to the Trustee named herein or acting hereunder,
<br />16, This Deed of Trust applies to and inures to the benefit of and binds all parties hereto, their heirs, personal representatives,
<br />successors and assigns. The term "Beneficiary" shall mean the owner and holder of the note, whether or not named as Beneficiary
<br />herein.
<br />17. Without affecting the liability of any other person liable for the payment of any obligation herein mentioned, and without
<br />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
<br />full payment of all unpaid obligations, the Beneficiary may, from time to time and without notice: (a) release any persons so liable:
<br />(b) extend the maturity or alter any of the terms of any such obligation; (c) grant other indulgences; (d) release or reconvey at the
<br />Beneficiary's option any parcel, portion or all of the property; (c) take or release any other or additional security for any obligation
<br />herein mentioned; or (t) make compositions or other arrangements with debtors in relation thereto.
<br />18. This Deed of Trust shall be governed by the laws of the State of Nebraska and, in the event anyone or more of the provisions
<br />contained herein, or the note or any other security instrument given in connection with this transaction shall be for any reason held
<br />to be invalid, illegal or unenforceable, in any respect, such invalidity, illegality or unenforceability shall not affect any other
<br />provisions of this Deed of Trust, but the Deed of Trust shall be construed as if such invalid, illegal or unenforceable provision had
<br />never been contained herein or therein.
<br />19. Any forbearance by the Beneficiary or Trustee in exercising any right or remedy hereunder, or otherwise afforded by
<br />applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy hereunder. Likewise, the waiver by the
<br />Beneficiary or Trustee of any default of the Trustors under this Deed of Trust shall not be deemed to be a waiver of any other or
<br />similar default subsequently occurring.
<br />20. Upon the written request of the Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this
<br />Deed of Trust and the note to the Trustee for cancellation and retention and upon payment by Trustors of Trustee's fees, Trustee shall
<br />reconvey to Trustors, or the person or persons legally entitled thereto, without warranty, any portion of the property then held
<br />hereunder, Recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof Grantees in
<br />the reconveyance may be described as the "person or persons legally entitled thereto."
<br />
<br />IN WITNESS WHEREOF, Trustors have executed this Deed of Trust on the date first noted above,
<br />
<br />~ d?~~
<br />HAROl!J R~JDRUP
<br />
<br />STATE OF NEBRASKA)
<br />) SS
<br />COUNTY OF HALL )
<br />
<br />,,,-~. ~
<br />2' ---- \'\ __u . .... .
<br />- -- ~.. 'akn( \ - . 0
<br />j ELA E ~RUP
<br />
<br />The foregoing instrument was acknowledged before me on April 9, 2001, by H . ROLD R. PLEJDRUP
<br />and ELAINE J. PLEJDRUP, husband and wife,
<br />
<br />
<br />
<br />IEIEUL IOTAIf_ II IIbrasu
<br />GRACESCHNASE
<br />My Conn. EJp. AprIl 6. 2005
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