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200710614 mId for the purpose of performing any of the acts they me authorizcd to perform under the terms of this Dced of Trust and other accompanying documents. L. This Dced of Trust and all accompffilying documents me subject to, constructed ffild governed by the laws ofthe State of Nebraska for all purposes. M. In the event any onc or more of the provisions contained in this Deed of Trust, Trust Deed Notes, or any other instrument given in connection with this trffilsaction, shall for any reason be held to be invalid, illegal or unenforceable in ffily respect, such invalidity, illegality, or unenforceability shall, at the option of the BENEFICIARIES, not affcct any other provisions of this Decd of Trust or Trust Deed Note, but this Deed of Trust ffild Trust Dced Note shall be construed as if such invalid, illegal or unenforceable provision had never been contained therein, it being the intention of the parties that the provisions of this Deed of Trust are declmed to be severable. N. This Deed of Trust shall inure to mId bind the heirs, devisees, personal representatives, successors and assigns of the parties hereto. O. This Deed of Trust shall be secured by any future advances to be made at the option of the parties. The TRUSTORS request that a copy of any Notice of Default and any Notice of Sale hereunder be mailed to them at the address herein set forth, or such other address as they may provide to the TRUSTEE and BENEFICIARIES. TRUSTORS further state that they have given the BENEFICIARIES a written Acknowledgment which states that as TRUSTORS, they understand that the document that they me executing herein is a Deed of 'frust ffild not a mortgage, and that the power of sale provided f()f in this Deed of Trust provides substantially diflerent rights and obligations thmI a mortgage and in an event of deHmlt or breach of the obligations set forth herein, the TRUSTEE mId the BENEFICIARIES may take such action as herein provided, including the exercise of the power of sale, and the parties agree that said Acknowledgment above refened to has been executed prior to the execution of this Deed of Trust and shall be recorded prior to the recordation of this Deed of Trust. EXECUTED the date first above written. ~7 MARIA ELENA DAVIDSON, Trustor STATE OF NEBRASKA ) ) ss. COUNTY OF HALL ) NOW ON this ,l.J.!A day of December, 2007, personally appemed before me, the undersigned Notary Public in and for the County of llall and State of Nebraska, LARRY E. DAVISON and MARIA ELENA DAVIDSON, Husband and Wife, to me known to be the identical persons who executed the foregoing Deed of Trust, and acknowledged the execution thereof to be their voluntary aet mId deed. Jt..Hi . GENERA NOTAIl . State of N~t)(aSka : WILLIAM A. FRANCIS .;>.~~.t My Comm. Exp, Dec. 31. 2007 -4-