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86101977
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Last modified
10/18/2011 9:40:09 AM
Creation date
3/31/2008 2:19:37 PM
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DEEDS
Inst Number
86101977
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86_ 101977 <br />15. Request for Notice. Irustor hereby requests a cop.- 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 .effecting 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- conveved 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. GO <br />verainx Law. This Deed of Trust shall be governed by the laws 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 =enforceability 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 he a waiver of any other or similar de- <br />fault subsequently occurring. <br />21. Re- conve•ance by Trustee. Upon written request of the Beneficiary stating that all sums secured <br />hereby have been paid, and upon surrender of this need 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- convey 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- convevance may be described as "the person or persons legally <br />entitled thereto." <br />22. <br />Acceptance Trustee accepts this trust when this Deed of Trust, dui•: executed and <br />acknowledged, is made a public record as provided by law. <br />IN WITNESS WHEREOF, Trustor has executed this Deed of Trust on the date first noted above. <br />chi r <br />Phil p M. Martin, Sr. <br />_., <br />JAanni.ne M. Martin <br />STATE OF NEBRASVA ) <br />1 ny; <br />COUNTY OF Cif. ,l <br />On this �cJ day oY 198 bef ore me, }�de�ry�s lgnl. a ": otatti <br />Public duly commissioned and qua ifled for said Countv, personally camel � /�� +j��n <br />_ <br />to me known to be the identical person (s) wM.�s�e ame,(s) are subscribed to chi foregoing instrument <br />and acknowledged the execution thereof to be / %J'' --�� - voluntary act and deed. <br />Witness my hand and Notarial Seal a4_7 .,aid l:ounty, the date <br />aforesaid. --- .- '. - - -- -- -- -- -- -- <br />t /My cotmmis a� <br />am" arm- <br />w�L r'��• 2c t' t t-C- +Y �-%- <br />Notary Public <br />-- -- <br />Ilk- <br />
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