|
a
<br />87-101532
<br />15. Request for Notice. Trustor hereby requests a copy of any notice of default and that any
<br />notice of sale hereunder be mailed to Trustor at the address set forth in the first paragraph of this
<br />Deed of Trust.
<br />16. Appointment of Successor Trustee. Beneficiary may, from time to time, by written instrument
<br />executed and acknowledged by Beneficiary, mailed to Trustor and recorded in the County in which the
<br />Property is located and by otherwise complying with the provisions of the applicable law of the State
<br />of Nebraska, substitute a successor or successors to the Trustee named herein or acting hereunder.
<br />17. Successors and Assigns. This Deed of Trust applies to and inures to the benefit of and binds
<br />all parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns.
<br />The term "Beneficiary" shall mean the owner and holder of the note, whether or not named as Beneficiary
<br />herein.,
<br />18. Beneficiary's Powers. Without affecting the liability of any other person liable for the pay-
<br />ment of any obligation herein mentioned -, and without affecting the lien or charge of this Deed of Trust
<br />upon any portion of the property not then or theretofore released as security for the full payment of
<br />all unpaid obligations, Beneficiary may, from time to time and without notice:
<br />(a) release any persons so liable; -
<br />(b) extend the maturity or alter any of the terms of any such obligation;
<br />(c) grant other indulgences;
<br />(d) release or re- convey or cause to be released or re- conveyed at any
<br />time at Beneficiary's option, any parcel, portion or all of the property;
<br />(e) take or release any other or additional security for any obligation
<br />herein mentioned; or _
<br />(f) make compositions or other arrangements with debtors in relation thereto. -
<br />19. Governing Law. This Deed of Trust shall be governed by the lava of the State of Nebraska and,
<br />in the event any one or more of the provisions contained in this Deed of Trust, or the note or any other
<br />security instrument given in connection with this transaction shall be for any, reason be held to be in-
<br />valid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall
<br />not affect any other provisions of this Deed of Trust, but the Deed of Trust shall be construed as if
<br />such invalid, illegal or enforceable provision had never been contained herein or therein.
<br />20. Effect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising any right or
<br />remedy, hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exer-
<br />cise of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of any default
<br />of the Trustor under this Deed of Trust shall not be deemed to be a waiver of any other or similar de-
<br />fault subsequently occurring.
<br />21. Re- conveyance by Trustee. Upon written request of the Beneficiary stating that all sums secured
<br />hereby have been paid, and upon surrender of this Deed of Trust and the note to the Trustee for cancel-
<br />lation and retention and upon payment by Trustor of Trustee's fees, Trustee shall re- coney to Trustor,
<br />or the person or persons legally entitled thereto, without warranty, any portion of the property then
<br />held hereunder. Recitals in such re- conveyance of any matters or facts shall be conclusive proof of the
<br />truthfulness thereof. Grantees in the re- conveyance may be described as "the person or persons legally
<br />entitled thereto."
<br />22. Acceptance by Trustee. Trustee accepts this trust when this Deed of Trust, duly, executed and
<br />acknowledged, is made a public record as provided by law.
<br />IN WrrNESS WHEREOF, Trustor has executed this Deed of Trust on the date first noted above.
<br />f Z,
<br />James H, tom'
<br />Debra J. BeAggrer.
<br />STATE OF NEBBASP,A )
<br />) ss:
<br />coum of HALL ) -
<br />On this 13th day of MaXr-h 1987 before ire, the undersigned, a %otary
<br />Public duly commissioned and qualified for said County, personally c.-James Ber¢sCell fr jj); d, J,
<br />to me known to be the identical- persou(s) whose nn js) are subscribed re tfe foregoing instrument Beyer
<br />and acknowledged the execution thereof to be Mel-r voluuntary act and deed.
<br />Witness my hand and Notarial Seal at Grand Island, NE in said County, the date
<br />aforesaid.
<br />Ky commission expires -: 717
<br />� I
<br />rYlnrtrtran- wr.ai�r.re��j
<br />i0( Nctary Public
<br />w GMMM E* X inn
<br />i
<br />I
<br />
|