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6-- 104404 <br />proof of proper substitution of such Trustee or Trustees who shall without conveyance from the Trustee predecessor, succeed to <br />all its title, estate, rights, power and duties. <br />NO WAIVER 13Y BENEFICIARY: No waiver by Trustee or Beneficiary of any right under this Deed of Trust shall be ef. <br />fective unless in writing. Waiver by Trustee or Beneficiary of any right granted to Trustee or Beneficiary under this Deed of <br />Trust or of any provision of this Deed of Trust as to any transaction or occurrences shall not be deemed a waiver as to any fu- <br />ture transaction or occurrences. By accepting payment of any sum secured hereby after its due date, or by making any pay- <br />ment or performing any act on behalf of Trustor that Trustor was obligated hereunder, but failed to make or perform or by ad• <br />ding any payment so made by Trustee or Beneficiary to the indebtedness secured hereby, Beneficiary does not waive its right <br />to require prompt payment when due of all other sums so secured or to require prompt performance of allother acts required <br />hereunder, or to declare a default for failure so to pay. <br />WAIVER OF STATUTE OF LIMITATIONS: Time is of the essence in all Trustor's obligations hereunder; and to the extent <br />permitted by law, Trustor waive@ all present or future statutes oflimitations with respect to any debt, demand or obligation ae- <br />'cured hereby in any action or proceeding for the purpose of enforcing this Trust or any right or remedies hereunder. <br />INSPECTION AND BUSINESS RECORDS: Beneficiary at any time during the continuation of thin Trust may enter and <br />inspect such property at any reasonable time. Trustor agrees that, when requested by Beneficiary, Trustor will promptly de- <br />liver to Beneficiary such certified financial statements and profit and lose statements of such types and at such intervals as <br />may be required by Beneficiary which will be in form and content prepared according to the usual and acceptable accounting <br />principles and practices, which statements shall cover the financial operations relating toTrustoror such property and Trust - <br />or further agrees when requested by Beneficiary to promptly deliver in writing such further additional information as required <br />by Beneficiary relating to any such financial statements. <br />REMEDIES: No remedy herein provided shall be exclusive of any other remedy herein or now or hereafter existing by law, <br />but shall be cumulative. Every power or remedy hereby given to Trustee or to Beneficiary or to which either of them may be <br />otherwise entitled, may be exercised from time to time and an often as may be deemed expedient by them, and either of them <br />may pursue inconsistent remedies. If Beneficiary holds any additional security for any obligation secured hereby, it may <br />enforce the sale thereof at its option, either before, contemporaneously with, or afterthe sale is made hereunder and on any de- <br />fault ofTrustor, Beneficiary may, at its option, offset against any indebtedness secured hereby, and the Beneficiary is hereby <br />authorized and empowered at its option, without any obligation so to do, and without affecting the obligattons hereof, to apply <br />toward the payment of any indebtedness of the Trustor to the Beneficiary, any and all sums of money of Trustor which may <br />have in its possession or under its control, including without limiting the generality of the foregoing any savings account, de- <br />posit, investment certificate, escrow or trust funds, <br />LAW APPLICABLE: That this Deed of Trust shall be construed according to the lawn of the state of Nebraska <br />ILLEGALITY: In the event that any provision or clause of this Deed of Trust conflicts with applicable law, such conflict <br />shall not affect other provisions of this Deed of Trust which can be given effect without the conflicting provision, and to this <br />`v. <br />end the provisions of this Deed of Trust are declared to be severable. <br />GENERAL PROVISIONS: (a) This Deed of Trust applies to, inures to the benefit of, and binds all parties hereto, their heirs, <br />legatees, devisees, administrators, executors, successors and assigns. (b) the term "Beneficiary" shall mean the owner and <br />holder (including a pledgee) of any note secured hereby, whether or not names as Beneficiary herein. (c) Wherever the context <br />so requires, the masculine genderincludes the feminine and neuter, thesingular number includes the plural, and vice versa. (d) <br />Captions and paragraph headings used herein are for convenience only, are not a part of this agreement, and shall not be used <br />in construing it. If more than one person is named herein as Tmetor, each obligation of Trustor shall be the joint and several <br />obligation of each such person. The rights or remedies granted hereunder, or by law, shall not be exclusive, but shall be concur- <br />rent and cumulative. <br />TRUSTEE ACCEPTS this Trust when this Deed, duly executed and acknowledged, is made a public record as provided by <br />law. Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or any action or proceed- <br />ing in which Trustor, Beneficiary or Trustee shall be a party, unless brought by Trustee. <br />Mailing address for notices to Trustor: <br />Everett M. and Marlene Pool <br />4197 West Capital Avenue <br />Grand Island, NE 68803 <br />IN WITNESS WHEREOF, Trustor has executed this Deed of Trest`on`Me date first above written-,- <br />. <br />- -_ <br />- MV M. 1>0oL <br />(CORPORATE SEAL) <br />- - - -- — <br />---- - - - - -- <br />Marlene Pool (C¢• <br />VI-34 <br />