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<br />200710413 <br /> <br />Trustee shall apply the proceeds of sale to payment of (i) the Indebtedness (ii) all other <br />sums then secured hereby, and (iii) the remainder, if any, to the person or persons legally <br />entitled thereto. <br /> <br />(c) Trustee may in the manner provided by law postpone sale of all or any <br />portion of the Trust Estate. <br /> <br />12. Remedies Not Exclusive. Trustee and Beneficiary, and each of them, shall be <br />entitled to enforce payment and performance of any indebtedness or obligations secured hereby <br />and to exercise all rights and powers under this Second Deed of Trust or under any Loan <br />Instrument or other agreement or any laws now or hereafter in force; notwithstanding, some or all <br />of the such indebtedness and obligations secured hereby may now or hereafter be otherwise <br />secured, whether by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the <br />acceptance of this Second Deed of Trust nor its enforcement, whether by court action or pursuant <br />to the power of sale or other powers herein contained, shall prejudice or in any manner affect <br />Trustee's or Beneficiary's right to realize upon or enforce any other security now or hereafter held <br />by Trustee or Beneficiary, it being agreed that Trustee and Beneficiary, and each of them, shall <br />be entitled to enforce this Second Deed of Trust and any other security now or hereafter held by <br />Beneficiary or Trustee in such order and manner as they or either of them may in their absolute <br />discretion determine. No remedy herein conferred upon or reserved to Trustee or Beneficiary is <br />intended to be exclusive of any other remedy herein or by law provided or permitted, but each <br />shall be cumulative and shall be in addition to every other remedy given hereunder or now or <br />hereafter existing at law or in equity or by statute. Every power or remedy given by any of the <br />Loan Instruments to Trustee or Beneficiary or to which either of them may be otherwise entitled, <br />may be exercised, concurrently or independently, from time to time and as often as may be <br />deemed expedient by Trustee or Beneficiary and either of them may pursue inconsistent <br />remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency <br />judgment against the Trustor to the extent such action is permitted by law. <br /> <br />13. Request For Notice. Trustor and all other parties set forth herein hereby <br />requests a copy of any Notice of Default and a copy of any Notice of Sale hereunder be mailed to <br />them at the address set forth in the first paragraph of this Second Deed of Trust. <br /> <br />14. Governing Law. This Second Deed of Trust shall be governed by and <br />construed in accordance with the laws of the State of Nebraska. In the event that any provision <br />or clause of any of the Loan Instruments conflicts with applicable laws, such conflict shall not <br />affect other provisions of such Loan Instruments which can be given effect without the conflicting <br />provision, and to this end the provisions of the Loan Instruments are declared to be severable. <br />This instrument cannot be waived, changed, discharged or terminated orally, but only by an <br />instrument in writing signed by the party against whom enforcement of any waiver, change, <br />discharge or termination is sought. <br /> <br />15. Reconveyance by Trustee. Upon written request of Beneficiary stating that all <br />sums secured hereby have been paid and upon surrender of this Second Deed of Trust and any <br />note to Trustee for cancellation and retention and upon payment by Trustor of Trustee's fees, <br />Trustee shall reconvey to Trustor, or the person or persons legally entitled thereto, without <br />warranty, any portion of the Trust Estate then held hereunder. The recitals in such reconveyance <br />of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in any <br />reconveyance may be described as "the person or persons legally entitled thereto." <br /> <br />16. Notices. Whenever Beneficiary, Trustor or Trustee shall desire to give or serve <br />any notice, demand, request or other communication with respect to this Second Deed of Trust, <br />each such notice, demand, request or other communication shall be in writing and shall be <br />effective only if the same is delivered by personal service or mailed by certified mail, postage <br />prepaid, return receipt requested, addressed to the address set forth at the beginning of this <br />