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<br />200800422
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<br />f(lr payment or modification or amortization of the sums secured by this Deed of Trust granted by
<br />Beneficiary to any successor in interest of Trustor shall not operate to release, in any manner the
<br />liability of the original Trustor and Trustor's successor in interest. Beneficiary shall not be required
<br />to commence proceedings against such successor or refuse to extend the time for payment or
<br />otherwise modify amortization ofthe sums and indebtedness secured by this Deed of Trust by reason
<br />of any demand made by the original Trustor and Trustor's successors in interest; (h) without affecting
<br />the liability of the Trustor or any other person liable for the payment of the obligations and
<br />indebtedness secured by this Deed of Trust, and without affecting the lien or charge ofthis Deed of
<br />Trust upon any portion of the Property not then or theretof(lre released as security f()r the full amount
<br />of all unpaid obligations, Beneficiary may, from time to time and without notice (i) release any person
<br />so liable, (ii) extend the maturity or alter any of the terms of any such obligation, (iii) grant other
<br />indulgences, (iv) release or reconvey, or cause to be released or reconvcyed at any time at
<br />Beneficiary's option any parcel, portion or all of the Property, (v) take or release any other or
<br />additional security for any obligation or indebtedness herein mentioned, or (vi) make compositions
<br />or other arrangements with debtors in relation thereto; (i) in addition to the rights and powers given
<br />to the Trustee and Beneficiary herein, the Beneficiary shall have all such other rights both in law and
<br />equity for collection of the indebtedness secured hereby as it would have but for this Deed of Trust;
<br />G) all covenants and agreements of Trustor set forth in this Deed of Trust shall be joint and several;
<br />(k) this Deed of Trust shall be governed by the laws ofthe State of Nebraska; (1) in the event anyone
<br />or more of the provisions contained in this Deed of Trust, or the Note or any other security
<br />instrument given in connection with the indebtedness hereby secured shall for any reason be held to
<br />be invalid, illegal or unenfDrceable in any respect, such invalidity, illegality, or unenhlrceability shall,
<br />at the option of Beneficiary, not affect any other provision of this Deed of Trust, but this Deed of
<br />'frust shall be construed as if such invalid, illegal, or unenforceable provision had never been
<br />contained herein or therein. Ifthe lien of this Deed of Trust is invalid or unenforceable as to any part
<br />of the indebtedness hereby secured or evidenced by the Note, or if the lien is invalid or unenf()rceable
<br />as to any part of the Property, the wlsecured or partially secured portion of such indebtedness shall
<br />be completely paid prior to the payment of the remaining and secured or partially secured portion of
<br />such indebtedness, and all payments made on such indebtedness, where voluntary or under
<br />fDreclosure or other enf(lrcement action or procedure, shall be considered to have been first paid on
<br />and applied to the full payment of that portion of such indebtedness which is not secured or not fully
<br />secured by the lien of this Deed of Trust; and (m) the covenants and agreements contained in this
<br />Deed of Trust shall bind, and the benefits and advantages hereof shall inure to the respective heirs,
<br />cxecutors, administrators, successors and assigns of the parties hereto. Wherever used herein, the
<br />singular number shall include the plural and conversely, and the use of any gender shall be applicable
<br />to all genders. Wherever the term "Beneficiary" is used hcrein, it shall include the legal holder or
<br />holders of the Note or the indebtedness secured hereby.
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<br />SEVENTH: Upon written request of Beneficiary stating that all amounts and indebtedness
<br />secured hereby have been paid, and upon surrender of this Deed of Trust and the Note to Trustee tor
<br />the cancellation and retention and upon payment by Trustor of Trustee's fees, Trustee shall reconvey
<br />to Trustor, or the person or persons legally entitled thereto, without warranty, any portion of the
<br />Property then held by Trustee hereunder. The recitals in such reconveyance of any matters or facts
<br />shall be conclusive proof of the truthfulness thereof. lhe grantee of any reconveyance may be
<br />described as "the person or persons legally entitled thereto."
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<br />EIGHTH: Except f(lr any notices, demands, requests or other communications required under
<br />applicable law to be given in another manner, whenever Beneficiary, Trustor or Trustee gives or
<br />serves any notice (including, without limitation, notice of def~lUlt and notice of sale), demands,
<br />requests or other communications with respect to this Deed of Trust, each such notice, demand,
<br />request or other communication shall be in writing and shall be effective only if the same is delivered
<br />by personal service or mailed by certified mail, postage prepaid, return receipt requested, addressed
<br />to the address of the party to whom mailed as set f(lrth at the end of this Deed of Trust. Any party
<br />may at any time change its address for such notices by delivering or mailing to the other parties
<br />hereto, as aforesaid, a notice of such change. Any notice hereunder shall be deemed to have been
<br />given to Trustor or Beneficiary when given in the manner designated herein.
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<br />IN WITNESS WHEREOF, the Trustor has signed and delivered this Deed of Trust the day
<br />and year first above written.
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