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87— loO036 heirs, legatees, devisees, personal representatives, successors and assigns. The term "Beneficiary" shall mean the owner and holder of the note, whether or not named as Beneficiary herein. is. Beneficiary's Powers. Without affecting the liability of any other person liable for the payment of any obligation herein mentioned, and without affecting the lien or charge of this Deed of Trust upon any portion of the property not then or theretofore released as security for the full payment of all unpaid obligations, Beneficiary may, from time to time and without notice: (a) release any persons so liable; .1 (b) extend the maturity or alter any of the terms of any such obligation; (c) grant other indulgences; (d) release or reconvev or cause to be released or reconveved at arr., time at Beneficiary's option, any parcel, portion or, all of the property; (e) take or release any other or additional security for any obligation herein mentioned; or ffl make compositions or other arrangements with debtors in relation thereto. 19. Governing Law. This Deed of Trust shall be governed by the 'Laws of the State of Nebraska and, in the event any one or more of the provisions contained in this Deed of Trust, or the note or any other security instrument given in connection with this transaction shall be for any -reason be held to be invalid, illegal llegal or unenforceable in any respect, such invalidity, illegal- ity or unenforceability shall not affect any other provisions of this Deed of Trust, but the need of Trust shall be construed as if such invalid, illegal or enforceable provision had never been contained herein or therein. 20. Effect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising any right or -remedy hereunder, or other- wise afforded by applicable law, shall not be a waiver of or pre- clude the exercise of any such right or remedy hereunder. Like- wise, the waiver by Beneficiary or Trustee of any default of the Trustor under this Deed of Trust shall not be deemed to be a waiver of any other or sir-tilar default subsequently occurring. 2i. Reconve:. ance by Trustee. Upon written request of the Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed of Trust and the note to the Trustee for cancellation and retention and upon Payment by Trustor of Trustee's ~ees, Trustee sha71 reconvey to Trustor, or the Person or persons legally entitled thereto, without warranty, any portion of the property then held hereunder. Recital's in such reconveyance of any matters or 'acts shall be conclusive proof of the truthfulness ther?of. Grantees in the reconveyance may be described as "the person or persons legally entitled thereto." 22. Acceptance by Trustee. Trustee accopts this trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. IN WITNESS WBEREOF, Trustor ha F executed this Peed of Trust on the date rirst note(! above. I M-CT,01M SM',"' V:7E S A ------ ----- C'77r) 1�1 t_j v E p_n, V0'1,-- �71 T,