87101207 - Laserfiche WebLink

Browse

87--- 101207 (d) release or re- convey or cause to be released or re- conveyed at any time at Beneficiary's option, any parcel, portion or all of the property; (e) take or release any other or additional security for any obligation herein mentioned; or (f) make compositions or other arrangements with debtors in relation thereto. 18. Governing Law. This Deed of Trust shall, be governed by the laws of the State of Nebraska and, in the event any one or more of the provisions contained in this Deed of Trust, or the note or any other security instrument given in connection with this transaction shall be for any reason be held to be invalid,. illegal or unen- forceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions of this Deed of Trust, but the Deed of Trust shall be construed- as if such invalid, illegal or enforceable provision had never been car.- tained herein or therein. 19. Effect of Forbearance. Any forebearance by Beneficiary or Trustee in exer- cising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of any default of the Trustor under this Deed of Trust shall not be deemed to be a waiver of any other or similar default subsequently occurring. 20. Re- conveyance by Trustee. Upon written request of the Beneficiary stating that all suns secured hereby have been paid, and upon surrender of this Deed of Trust and the note to the Trustee for cancellation: and retention and upon payment by Trustor of Trustee's fees, Trustee shall re- convey to Trustor, o- the person or persons le- gally entitled thereto, without warranty, any portion of the property then held here- under.. Recitals in such re- conveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. Grantees in Vie re- conveyance may be described as "the person or persons legally entitled thereto." 21. Acceptance by Trustee. Trustee accepts this trust when this Deed of Ti rust, duly executed and acknowledged, is made a public record as provided by law. IN WITNESS WHEREOF, Trustor has executed this Deed of Trust on the date first noted above. i.jL il Robert D. Herbst Y Dorothy E. rbst STATE OF NEBRASKA ) COUNTY OF HALL ) On this 27th day of February , 19_.E, , before me, the undersigned, a Notary Public duly commissioned and qualifier for said County, personally cane ROBERT D. HERBST AND DOROTHY E. HERBST to me known to be the identical person (s) whose nameo are subscribed to the foregoing instrument and acknowledged the execution thereof to be their voluntary act and deed. Witness my hand and Notarial Sea! at Grand Island. Nebraska in said County, the date aforesaid. My Commission expires: A --t" Mb c ; Notary Public 9— Y .7- I