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® . FLB 2985 (9-95) <br />101290 Pees 4 014 <br />fb) This Trust Deed shall be construed according to the laws of the State of Nebraska. <br />(c) This Trust Deed shall inure to and bind the heirs, legatees, devisees, administrators, executors, successors and - - - <br />assigns of the parties hereto. <br />(d) Thu ;or shall oay all tarn_ leyieed uegn this Trust Dead or the Aehr secured her.hy, tcsafhY with any neh_. r�r.�. or <br />assessments which may be levied against the Trustee or Beneficiary or the legal holder of said promissory note on - <br />account of the indebtedness evidenced thereby. - - - <br />(e) Whenever used herein, the singular number shall include the plural and the singular, the use of any gender shall be <br />applicable to all genders, and the term "Beneficiary" shall include any payee of the indebtedness hereby secured or <br />any transfer thereof, whether by operation of law or otherwise. - - - - <br />20. Successor Trintes. Beneficiary may from time to time substitute a successor or aucoessors to any Trustee named herein <br />or acting hereunder to execute this Trust Deed. Upon such appointment and without conveyance to the successor <br />Trustee, the latter shall be vested with all title, powers, and duties conferred upon any Trustee herein named or acting <br />hsreundar. Each such appointment and substitution shall be node by written instrument by Beneficiary, containing <br />reference to this Trust Deed and its place of record, which when recorded in the office of the Register of Deeds of the <br />county or counties in which said Property is situated shall be conclusive proof of proper appointment of Me successor <br />Trustee. The foregoing power of substitution and the procedure therefore shall not be exclusive of the power and <br />procedure provided for by law for the substitution of a Trustee or Trustees in the place of the Trustee. <br />21. Fonnbsaranesby Beneficiary or Tewtss Not a Walser. Any forebsarance by Beneficiary or Trustee in exercising any right <br />or remedy hereunder, or otherwise afforded by applicable law, shaft not be a waiver of or preclude the exercise of arty <br />right or remedy hereunder. likewise, the waiver by Beneficiary or Trusiseof any default of Truaor under this Trust Deed <br />shall not be deemed to be a waiver of any other or similar defaefta Subsequently occurring. <br />22 Tnstor Not Released. Extension of the time for payment or modification or amortization of the sums secured by this <br />Trust Deed granted by Beneficiary to any successor in interest of Trhstorstroll not operate to release, in arty manner, the <br />liability of the original Truator or Trustor•s successor in interest. Beneficiary shall not be required to cornrtror7Ce <br />Proceedings against such successor or refuse to extend time for payment or ofnerwae modify amortization of the sums <br />secured by this Trust Deed by reason of any demand made by the origins Truator and Tr stoes Successors in interest- <br />23. OsfaWt. If there snail be a default under this Trust Dead or under any prior mortgage, the Bsrteficiary may pure such <br />default. The amounts advanced by the Beneficiary, and other casts and axpensse of the Beneficiary in curing such <br />default, with interest at the da fauft raft contained inthe Note accred hereby hon the time of the advances orpaymenbt, <br />"I be added to the indebtedness Secured by this Trust Deed. Such amounts may be collected hereunder at any time <br />after the time of such advances or paynants and Shall be dsstnsd to be secured hereby. <br />24. Mon M ForentOSS. Upon the ocmrenee of any default hereunder, Bensficay shad have the option to foreclose this <br />Trust Deed in the manner provided by Law for the foreclosure of "xxtgagee on reef property. <br />25. TfUOWS M&ft Absawt Miele& Until any defadt in the petm:ent of indebtedness haeby secured or until trio breach of <br />arty covenant herein contained, the-Trustior, its successors and saspons, strofi pOasess and enjoy tiro Property, and <br />receive the rents and proffts thersfrOnL Upon payment of an were secured by lima Test Deed, Beneficiary Shsf request <br />Trustee to reconvey the Property and "I sun at this Trust Dead and so noise evidencing sWsblednses Secured by <br />this Trust Dead to Trustee. Trustee shad reconvey the Property wtdxxd warranty and wftimut charge to the Poisons <br />legally amftleo throreto. The Gratme in any rseaweyetoe may os described as Vat perms[ or persons entitled thereto,° <br />AM the reatab therein Of any mattes or facts stet be conclusive PrOW of the trttiMtdnsu thereof. Such person or <br />persona staff pay am costs of recording. if any. <br />26. See Attachment "A" <br />The Trustor requests that a copy of any notice of default and of any notice of sole hereunder be milled to turn at the <br />gees herembefore Set forth. <br />IN WITNESS WHEREOF, the Trustor has executed this Trust Deed the day and year first above <br />written. <br />STATE OF <br />COUNTY OF /`/ {/ } se. <br />Before me, a Notary Public, qualified for said County, personalty came <br />.ten <br />e e 6 &I /°fir known to me to be the identical <br />person(s) who signed the foregoing instrument and acknowledged the execution thereof to be his, <br />her, or their voluntary act and deed. If executed on behalf of a corporation, the above- identified <br />person(s) acknowledges that the execution thereof was the signer's voluntary act and deed as such <br />officer and was the voluntary act and deed of said corporation and that the seal affixed thereto is its <br />corpvrata sesi and was thherato anixed by the authority Of its Board of Directors. <br />WITNESS m hand and Notarial Saal thic,. f j <br />Y �= _ day of - i�. lam, � ; - ; ,�' , 19 <br />U- am ors %"mil s' 'l <br />4QUALD r rh.c— Notary Public <br />My Commission Expires: '! <br />a <br />