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1 F MR 87--10 M county or counties in which said property is situated shall be conclusive proof of proper appointment of the successor Trustee. The foregoing power of substitution and the procedure therefore shall not be exclusive of the power and procedure provided for by law for the substitution of a Trustee or Trustees in the place of the Trustee. 19. Forebearance by Beneficiary or Trustee Not a Waiver. Any forebearance by Bene iciary or Trustee in exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of any default of Trustor under this Trust Deed shall not be deemed to be a waiver of any other or similar defaults subsequently occur- ring. 20. Trustor Not Released. Extension of the time for payment or modificaiton or amortization of the sums secured by this Trust Deed granted by Beneficiary to any successor in interest of Trustor shall not operate to release, in any manner, the liability of the original Trustor or Trustor's successor in interest. Beneficiary shall not be required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify amortiza- tion of the sums secured by this Trust Deed by reason of any demand made by the original Trustor and Trustor's successors in interest. 21. Default. If there shall be a default under this Deed of Trust or under any prior mortgage, the Beneficiary may cure such de- fault, and the amounts advanced by, and other costs and expenses of the Beneficiary incurring such default, with interest at the default rate contained in the Note secured hereby from the time fo the advances or payments shall be added to the indebtedness secured by this Trust Deed and may be collected hereunder at any time after the time of such advances or payments and shall be deemed to be secured hereby. 22. Option to Foreclose. Upon the occurrence of any default here- under, Beneficiary shall have the option to foreclose this Trust Deed in the manner provided by law for the foreclosure of mortgages on real property. 23. Trustor's Rights, Absent Default. Until any default in the payment of indebtedness hereby secured or until the breach of any covenant herein contained, the Trustor, its successors and assigns, shall possess and enjoy the Property, and receive the rents and profits therefrom. Upon payment of all sums secured by this Trust Deed, Beneficiary shall request Trustee to reconvey the property and shall surrender this Trust Deed and all notes evidencing indebt- edness secured by this Trust Deed to Trustee. Trustee shall re- convey the property.without warranty and without charge to the per - sons legally entitled thereto. The Grantee in any reconveyance may be described as "the person or persons entitled thereto ", and the recitals therein of any matters or facts shall be conclusive proof of the truthfulness thereof. Such person or persons shall pay all costs of recording, if any. The Trustor requests that a copy of any notice of default and of any notice of sale hereunder be mailed to him at the address hereinbefore set forth. IN WITNESS- WIIEREOF, the Trustor has executed this Trust Deed, t day and y r first above written. L BANK OF WOOD RIVER, Wood River, Nebrtka, STEE _f,4� V, 1; •2''Lt. ^r -L - -gyp- (. ��t T THY DENMAN BANK OF WOOD RIVER, Wood River, F, WE N DE14MI Nebraska, NT FICIARY TRUSTOR ]]% B