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<br />e <br /> <br />e <br /> <br />20080141.9 <br /> <br />Page 7 <br /> <br />DEED OF TRUST <br />(Continued) <br /> <br />binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property becomes vested in a person other <br />than Grantor, Lender, without notice to Grantor, may deal with Grantor's successors with reference 10 Ihis Deed of Trusl and the Indebtedness by <br />way of forbearan~ or extension without releasing Grantor from the obligations of this Deed of Trust or liability under the indebtedness. <br /> <br />Time Is 01 the Essence. TIme is of the essence in the pertormance of this Deed of Trust. <br /> <br />Waivers and Consents. Lender shall not be deemed to have waived any rights under Ihis Deed of Trust (or under the Related Documents) <br />unless such waiver is in writing and signed by Lender. No delay or omission on the part of Lender in exercising any right shall operate as a .waiver <br />of such right or any other right. A waiver by any party of a provision of this Deed of Trust shall nol constitute a waiver of or prejudice-the party's <br />right otherwise 10 demand stricl compliance wilh that provision or any other provision. No prior waiver by Lender, nor any course of dealing <br />between Lender and Granlor, shall constitute a waiver of any of Lender's rights or any of Granlor's obligations as to any future transactions. <br />Whenever consent by Lender is required in this Deed of Trust, the granling of such consent by Lender in any instance shall not constitute <br />continuing consent to subsequent instances where such consent is required. <br /> <br />Waiver of Homestead Exemption. Grantor hereby releases and waives all rights and benefits of the homestead exemption laws of the State of <br />Nebraska as 10 all Indebtedness secured by this Deed of Trust. <br /> <br />EACH GRANTOR ACKNOWLEDGES HAVING READ All THE PROVISIONS OF THIS DEED OF TRUST, AND EACH GRANTOR AGREES TO ITS <br />TERMS. j <br /> <br /> <br />:R";;Jttk ~p <br /> <br />D. Wayn D <br /> <br /> <br />X~O~l~t\~~S <br />J y L. Davis <br /> <br />Witness <br /> <br />INDIVIDUAL ACKNOWLEDGMENT <br /> <br />STATE OF <br /> <br />Nebraska <br /> <br />COUNTY OF <br /> <br />Hall <br /> <br />) <br />)S5 <br />) <br /> <br />On this day before me, the undersigned Notary Public, personally appeared <br />D. Wayne Davis and Jody L. Davis, husband and wife , <br />10 me known to be the individual(s) described in and who executed the Deed of Trust, and acknowledged that they signed the Deed of Trust as their <br />free and voluntary act and deed, for the uses and purposes therein mentioned. <br /> <br />Given under my hand and official seal this 17th day of January , .. 20G8 <br /> <br />By <1 alneB4/ 41-1Ct?v~~ <br /> <br />Notary Public in and for the State of Nebraska <br />Residing al Grand Island, NE <br /> <br />My commission expires 10- /q-~O/ / <br /> <br />eaew.. NOlMV ._ " Nebraslla <br />PAMELA S. HANSEN <br />MyComm. .Od.19.2011 <br />