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I 87-- 102944 empowered of its option, without any obligation Soto do, and without affecting the obligations hereof, to apply toward the payment of any indebtedness of the Truster to the Beneficiary, any and all sums of money of Trustor which may have in its possession or under its control, including without limiting the generality of the foregoing any savings account, deposit, investment certificate, escrow or trust funds. 1 Law Applicable: That this Deed of Trust shall be construed according to the laws of the stateof Ne�g�±ic - Illegality: In the event that any provision or clause of this teed of Trust conflicts with applicable law, such conflict shall not affect other ProviOions of this Del of Trust which can be given effect without the conflicting provision, and to this end the provi- sions of this Deed of Trust are declared to be severable. 6"wraf Prev • in) This Deed of Trust applies to, inures to the benefit of, and binds, all parties hereto, their heirs, lega- tom. devisess. administrators, executors, successors and assigns. tb) The term "Beneficiary" shall mean the owner and holder ( including a pledgee) of any now secured hereby, whether or not named as Beneficiary herein. (e) Wherever the context so requires, the masculine gender includes the feminine and neuter, the singular number includes the plural, and vice versa. (d)Cap- tions and paragraph headings used herein are for convenience only, are not a part of this agreement, and shall not be used in con- struing it. If more than one person is named herein as Trustor, each obligation of Trustor shall be the joint and several obligation of each such person. The rights or remedies granted hereunder, or by law, shall not be exclusive. but shall be concurrent and cumulative. TRUSTEE ACCEPTS this Trust when this Deed, duly executed and acknowledged. is made a public record as provided by law. Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trustor any action or proceeding i n which Truster. Beneficiary or Trustee shall be a party, unless brought by Trustee. Mailing address for notices to Trustor: 4018701a Lane Grand Island Nebraska 6 c (4Uf� " "� IN WITNESS WHEREOF. Trustor has executed this Deed of Trust on the date first above written. PEACE LUTHERAN CHURCH OF GRAND TSiAND NEBRASKA By: B 0 s Y: a urc roperties Soar ure So —pert es - ri CORPORATE ACKNOWLEL4 EUMENT K9. COUNTY OF r 1 On this Zf� day v! - I��, before me, the undersigned, a Notary Public duly commissioned and qualified in and for said coun personally came xaad Properties _ SacttWaMs>K who are known to me to be the identical whose names are affixed to the foregoing instrument and acknowledged the execution thereof to be their volun and the voluntary act and deed of said corporation. tart' act and deed Witness my hand and notarial seal the day and year last above written. 3KA�IIIICt L Ml � C gC) Notary Public My commission expires: �____�__A_ STATE OF INDIVIDUAL ACKNOWLED(;EhIEN1' _ ss. COUNTY OF _ _) On this _ ____ day of , _ commissioned and qualified in and for said county. personally came before me, the undersigned, a Notary Public duly to me known to be the persons named in and who executed the foregoing instrument, and acknowledged that executed the same as voluntary act and deed. Witness my hand and notarial seal the day and year last above written. Idy Cr,rnn,mmon expire: .. Notary public