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 />
|