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F <br />87-- 1 a 5 <br />pledge, lien, assignment or otherwise. Neither the acceptance of this Dead o rust nor its sn- <br />force <br />forcemeat, whether by court action or pursuant to the power of sale or other powers harem con- <br />tatned, shall prejudice or in any wanner affect Trustee's or Beneficiary's right to realize upon <br />or enforee any other security now or hereafter hold by Trustee or Beneficiary, it being agreed <br />that Trustee sad Beneficiary, and each of thew, shall be entitled to enforce this Dood of Trust <br />and any other security now or hereafter hold by the Baneftelery or Trustee in such order and wanner <br />r' as they, or either of thee, may in their absolute discretion determine, Me rewady herein can- <br />forred upon or reserved to Trustee or Beneficiary is intended to be exclusive of any other rM#4y <br />herein or by law provided or permitted, but each shall be cumulative and shall be in addition to <br />every other remedy given hereunder or now or hereafter existing at law or in equity or by statute. <br />Every power or rowady given by any of the loan instruments to Trustee or Beneficiary or to which <br />either of thew any be otherwise entitled nay be exercised, concurrently or independently. from time <br />to time and as often as may be domed expedient by Trustee or Beneficiary, and either of then may <br />pursue inconsistent remedies. Nothing herein shall be construed as prohibiting Beneficiary from <br />seeking a deficiency judgment against Trustor to the extent such action is permitted by law. <br />1S. R e t for Notice. Trustor hereby requests a copy of any notice of default and that any <br />notice of sae i @cVMor'be mailed to Trustor at the address sat forth in the first paragraph of <br />this Dead of Trust. <br />16. Mpatn5EMt of Successor Trustee. Beneficiary may, from time to time, by written instru- <br />ment executed and acknowledged by Bens iciary, malted to Truster and recorded In the County in which <br />the property is located and by otherwise complying with the provisions of the applicable law of the <br />State of Nebraska, substitute a successor or successor@ to the Trustee named herein or acting here- <br />under. <br />17. Successors and Aaa1 a. This Deed of Trust applies to and inures to the benefit of and <br />binds all parties hereto, their heirs, legatees, devisees, personal representatives, successors <br />and assigns. The term "Beneficiary" shall wean the owner and holder of the note, whether or not <br />nomad as Beneficiary herein. <br />18. Beneficiary's Powers. Without affecting the liability of any other person liable for the <br />payment of any obligation herein mentioned, and without affecting the lien or charge of this Dead <br />of Trust upon any portion of the property not then or theretofore released as security for the full <br />payment of 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 time: at Bene- <br />ficiary's option, any parcel, portion or all of the property; <br />(e) take or release any other or additional security for any obligation herein <br />mentioned; or <br />(f) make compositions or other arrangements with debtors in relation thereto. <br />19. Governing Lev. This Deed of Trust shall be governed by the laws of the State of Nebraska <br />and, in the event any one or more of the provisions contained in this Deed of Trust, or the note <br />or any other security instrument given in connection with this transaction shall be for any reason <br />be held to be invalid, illegal or unenforceable in any respect, such invalidity. Illegality or un- <br />enforceability shall not affect any other provisions of this Deed of Trust, but the Deed of Trust <br />shall be construed as if such invalid, illegal or enforceable provision had never been contained <br />herein or therein. <br />20. Effect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising any right <br />or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude <br />the exercise of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee <br />of any default of the Trustor under this Dead of Trust shall not be deemed to be a waiver of any <br />other or similar default subsequently occurring. <br />21. Re-conveyance by Trustee. Upon written request of the Beneficiary stating that all sums <br />secured hereby have been paid, and upon surrender of this Deed of Trust and the note to the Trustee <br />for cancellation and retention and upon payment by Trustor of Trustee's fees, Trustee shall re- ^:onvey <br />to Trustor, or the person or persons legally entitled thereto, without warranty, any portion of the <br />property held hereunder. Recitals in such re- conveyance of any tatters or facts shall be concluaive <br />proof of the truthfulness thereof. Grantees in the re- conveyance may be described as "the person <br />or persona legally entitled thereto." <br />22. Acceptance by Trustee. Trustee accepts this trust when this Deed of Trust, duly executed <br />and acknowledged, is made a public record as provided by law. <br />IN WITNESS WHEREOF, Trustor has executed this Dead of Truest on the date first noted above. <br />—P 10 <br />STATE OF NEBRASKA ) <br />C OF HalI <br />alyn J. 1 1 arps <br />On thishdsy of y 198.7 before me the }Aynndess lgned, a Not ry Public <br />duly a lssionod and qualified for said County, personally came �jea M, llii, a single person, <br />PAdger L. K , to me known to be [ e ant ca person-ZsTw ose Hama s <br />(�a era snbacr! to the foregoing Died of Trust red (290M/they/MO acknowledged the execution <br />wife thereof to be (1119000fthoir/110 voluntary act and deed. <br />Witness my hau4 and Notarial seal at _ ii'WW lslwld in said County, the date aforesaid. <br />