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I FL8 2906 (8.06) �.. � . 10893 (b) This Trust Dead shelf be Construed according to the laws of the State of Nebraska. (e) This Trust Deed shall inure to and bind the heirs, legs, devisees, administrators, executors. successors and assigne of the parties herelo. (d) Trupor sf WI pay all taxes Ievied;upon this Trust Deed or the debt secured hereby, together with any other taxes or aaeagm'nts which may be levied against the Trustee or Beneficiary or the legal holder of said promiak:ory note on account of am kxk blodneaa evidenced theeebli• (et Whenever used hereh n. the skMpAw number shell include the phial and tha singulr, the use of any gerxW sepal be applicabts 10 all genders, and the term "Beneficiary' "I inckde any payee of the indebtedness hereby Secured or any tniw* thereof. whether by operation of law or odwwise. 20. sues, WWTM@b& awwftk ry may fmm dmeto tl "UgW Kota aatcpaorormxmsoomto a y Trwtaa named hw*n or aetlhg hereunder to execute this Trent Deb. Upon such appointment and without ccnveyence to the wCCONW Trustee. the letter shelf to v0 1 with all th le,'power and duties sconferred upon any Tr ustew herein named or acting hereunder. Each such sppointment and substitution shah be made by written Inanument by Beneficiary, containing eft nwrnoe to tlhe Tent Deed and its plea of record. which what recorded In the office of the Register of Deeds of the county or counnoss in which said Property la situated OM be conclusive proof of proper appointment of the successor TnnMa The foregoing power of substitution and the procedure therefore shelf not be exclusive of the power and procedure provided for by taw for the substitution of a Tnniee or Trustees in the place of the Trustee. 2t. RewixeraaaeYYlcur+ MdaYe► TnuelsaNeta! Maiw! r. Am; forohasranaabyStIM!' aiaryor ?rustesin exercising any r *.;H or ►aaedy hereunder, or OtIM 01 a►afforded by applfcebla law, shell not be a waiver of or preclude the exercise Of any right or to ody hereunder. Likewiss. tteweiwr by Beneficiary or Trusteeof any default of Truster under this Tnnt Deed ~ not be decreed W be a waiver of any other or similar defaults subsequently occurring. 22. Tnwfer 1tet Ileteeed. Extension of the time for payment or modification or amortization of the sums secured by this Trust Dead grated by Beneficiary to any successor in interest of Trustor "I not operateto release. in any manner. the liability of the odgkel Trustor or Tnutors successor in interest Bereticiary shalt not be required to Comrteflce proceedings against such srocassor or refuse to extend time for payment or otherwise modify amortization of the sums ,secured by this Trust Osed by reason of any demand made by the original Trustor and Trustoes successors in Interest. 23. DahmAL If there shall be a default under this Taut Geed or under any prior mortgage, the Beneficiary may cure such default. The amounts advanced by the Beneficiary, and other costs and expenses of the Beneficiary In curing such default, with Interssta the default rate Contained In the Note secured hereby from the time of the advances or payments, shah be added to the indabtedns" secured by this Trust Deed. Such amounts may be Collected hereunder at any time after the time of such advances or payments and shell be dawned to to secured hereby. 24. oFYam te Fermis . upon the ocaureroa of any default hereunder. Beneficiary shall have the option to foreclose this Trutt Owed in the marina provided by law for the toraeicwre of mortgagee on red property. 25. Tressaft M@NWAbseht CwNeL Until any default in the payment Of Indebtedness hereby secured or until the breach of any covenant herein c onteked, the-Trustor, its successors and msigrns. shall poasele and enjoy the Property. and recNw the Hots and profits therefrom. Upon payment of all pans secured by thin Tent Dowd. Beneficiary shah request Trustee to reeonnvey the Property and shell surrender this Trust Deed and ON rnotee evidencing indebtedness secured by this Trust Dodd to Trustee. True shell reconvey the PrOWtY without warranty and without charge to the persons Ieg fly ettided thereto. The Grantee in any reconveyanee may be described as "the person or persona entitled thereto... and the rmnsi, therein of any matters or facts shall be conclusive proof of the trut"41ness thereof. Such person or parsons shell pay all Coats 011@001 I ng. if any. The Trustor requests that a copy of any notice of default and of any notice of sale hereunder be mailed to him at the address herNnbelore set forth. iN WITNESS WHEREOF, the Trustor has executed this Trust Deed the day and year first above written. "Additional provisions marked as Attachmen A' cor rated h " -.�� Loyal) A. Quandt Lorene H. Quandt STATE OF COUNTY OF n4 r ) Before me, a Notary Public, qualified for said County, nall came Loyal A. Quandt (also known as Loyal Quandt) and Lorene H. Quandt (also known as I-grane Quandt)- husband and wife, known to me to be the identical persons) who signed the foregoing instrument and acknowledged the execution thereof to be his, her,, or their voluntary act and deed. If executed on behalf of a corporation, the above- tdentifted person(s) acknowledges that the execution thereof was the signer's voluntary act and deed as such offirwr and was the voluntary act and deed of said corporation and that the seal affixed thereto is its corporate self and was thereto affixed by the authority of its Board of Directors. WITNESS my hand and Notarial Seal this 71;. of E ca L, n « 'Notary Public J usilon Ex —M !y 390 t:�Ehrttnl plies: ... tsar.