87103621 - Laserfiche WebLink

Browse

I 87- 103621, ficia", end either of them any pursue inconsistent remedies. Nothing herein shall be construed as pro- hibiting Beneficiary from seeking a deficiency judgment against Trustor to the extent such action is permitted by law. 15. Unseat for Notice. Trustor hereby requests a copy of any notice of default and that any notice of sale hereunder be mailed to Trustor at the address set forth in the first paragraph of this Dead of Trust. 16. Appoiatmeunt of Successor Trustee. Beneficiary may, from time to time, by written instrument eecuted and ackawled� by Beneficiary, mailed to Trustor and recorded in the County in which the proper- ty is located and by otherwise complying with the provisions of the applicable law of the State of Nebreska, substitute a successor or successors to the Trustee named herein or acting hereunder. 17. Successors and Assigns. This Deed of Trust applies to and inures to the benefit of and binds all parties hereto, their hairs, legatees, devisees, personal representatives, successors and assigns. The term "bwsficiary" shall swan the owner said holder of the note, whether or not named as Beneficiary heroin. 18. Beneficiary's Powers. Without affecting the liability of any other person liable for the payment of any obligation herein mentioned, and without affecting the lion or charge of this Dead of Trust upon say portion of the property not then or theretofore released as security for the full payment of all unpaid obligations, Beneficiary any, from time to time and without notice: (a) release any persons so liable; (b) extend the maturity or alter any of the terms of any such obligation; (c) grant other indulgences; (d) release or re- convey or cause tc be released or re- convoyed 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. 19. Governing Low This Dead 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 ss- curlty instrument given in connection with this transaction shall be for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions of this Dead of Trust, but the Deed of Trust shall be construed as if such invalid, illegal or enforceable provision had never been contained herein or therein. 20. Effect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exer- cise 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. 21. Re- conveyance by Trustee. Upon written request of the Beneficiary stating that all sums 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, or the person or persons legally 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 truthful - ness thereof. Grantees in the re- cwvoyance may be described as "the person or persons legally entitled thereto." 22. Acceptance by Trustee. Trustee accepts this trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. IN WITNESS WHEREOF, Trustor has executed this Deed of Trust out date first d bove. Gary �' ." Fitch STATE OF NERRASM ) ss: COUNTY OF ) On this 2nd day of June , 198 7 before me, tyyp�e r igned, a Notary Public duly commissioned sad qualified for said County, personally came Gary s r'1LC to me known to be the identical person(VO whose name(pp (19AMO subscribed to the foregoing Deed of Trust and (he/ josmitionA ) acknowledged the execution thereof to be (his /69VAihYi09%) volimtary act and deed. i Witness my hand and Notarial Seal at Grand Island in said County, he date aforesaid. Notary Puhlic I