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13. The irrevocable right to appoint a substitute trustee or trustees is hereby expressly eanted to the Beneficiary, his successors or assigns, to be exercised at any time hereafter vfi °thaut specifying any reason therefor, by filing for record in the office where this instru- pest is recorded a substitution of Trustee. Prior to recording the substitution of Trustee, a copy of the instrument of the substitution of the successor Trustee sha11 be trailed to ho Trustor and all persons who have requested notice of default and notice of sale by filing sucb 'request with the office of register of deeds where this Deed of Trust is recorded. 14 If more than one person joins in the execution of this instrument as Trustor, or if atyosie.so joined be of the feminine sex, the pronouns and relative words used herein shall be read as if written in the plural.or feminine, respectively, and the term "Beneficiary" shall include any payee of the indebtedness hereby secured or any assignee or transferee thereof whether by operation of law or otherwise. The covenants herein contained shall bind and the rights herein granted or conveyed shall inure to the respective heirs, executors, administrators successors, and assigns of the parties hereto. 15. In compliance with section 101.1(d) of the Rules and Regulations of the Small Business Administration (13 C.F.R. 101.1(d)), this instrument is to be construed and enforced in accordance with applicable Federal Law. 16. A judicial decree, order, or judgment holding any provision or Portion of this instrument invalid or unenforceable shall not in any way impair or preclude the enforcement of the remaining provisions or portions of this instrument. 17. The sale of the real estate which is the subject of this Deed of Trust without the prior written consent of the Beneficiary is agreed to be a material default by the Trustor and the Beneficiary shall have the option to declare the whole indebtedness secured thereby to be due and owing and the power of sale conferred upon the Trustee may be exercised pursuant to this document and applicable statutes. IN WITNESS WHEREOF, Trustor has executed this instrument and the Trustee and Beneficiary are deemed to have accepted their respective rights and duties when a duly executed and acknowledged copy of this instrument is delivered to them. ( Haryfy G ege en) (Dorothy P. reg sen) STATE OF NEBRASKA ) COUNT OF HALL ) the identical persons the execution thereof witness my hand a s♦ �s aka (Add Appropriate Acknowledgment) Before me, a qualified Notary Public, personally SS: appeared Harry E. Gregersen and Dorothy P. Gregersen, Husband and Wife, known to me to be ;ho signed the foregoing inst "rument and acknowledged to be their voluntary act and deed. nd Notarial Seal on September 17, 1986. XM F. LUEbs ears, 1 if, Eq. J* R tom. Notary P u i s PO ,x F� r JAju n h r O M r