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<br />200706662 <br /> <br />Beneficiary's option any parcel, portion or all of the property; (e) take or release any other or additional security for any obligation <br />herein mentioned; or (f) 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 to <br />be invalid, illegal or unenforceable, in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions of <br />this Deed of Trust, but the Deed of Trust shall be construed as if such invalid, illegal or unenforceable provision had never been <br />contained herein or therein. <br />19. Any forbearance by the Beneficiary or Trustee in exercising any right or remedy hereunder, or otherwise afforded by applicable <br />law, shall not be a waiver of or preclude the exercise of any such right or remedy hereunder. Likewise, the waiver by the Beneficiary <br />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 similar default <br />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 Deed <br />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 the <br />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 /> <br />iWt~. <br /> <br />Kelly T. Connelly <br /> <br /> <br />t~ <br /> <br />Julie A. Connelly <br /> <br />STATE OF NEBRASKA) <br />) SS <br />COUNTY OF Hall) <br /> <br />The foregoing instrument was acknowledged before me on June 15,2007, by, Kelly T. Connelly and Julie <br />A. Connelly 4. /'/ / r <br /> <br />~/6 \. <br />-=~-s::~e~as~:i r .. NOTARY PUBLIC <br />281M <br /> <br /> <br />--., <br />