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85--• 001045 <br />15. Request for Notice. Trustor hereby requests a copy of any notice of default and that any <br />notice of sale hereunder he mailed to Trustor at the address set forth in the first parag-aph of this <br />Deed of Trust. <br />16. Appointment of Successor Trustee. Beneficiary may, from time to time, by written instrument <br />executed and acknowledged by Beneficiary, mailed to Trustor and recorded in the County in which the <br />property is located and by otherwise complying with the provisions of the applicable law of the State <br />of Nebraska, substitute a successor or successors to the Trustee named herein or acting hereunder. <br />17. Successors and Assigns. This Deed of Trust applies to and inures to the benefit of and binds <br />all parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns. <br />The term Beneficiary" shall mean the owner and holder of the note, whether or not named as Beneficiary <br />herein. <br />18. - -Beneficiary's Powers. Without affecting the liability of any other person liable for the pay- <br />ment of any obligation herein mentioned, and without affecting the lien or charge of this Deed of Trust <br />upon any portion of the property not then or theretofore released as security for the full payment of <br />all unpaid obligations, Beneficiary may, from time to time and without notice: <br />(a) release any persons so liable; <br />(b) extend the maturity or alter any of the terms of any such obligation; <br />(c) grant other indulgences; <br />(d) release or re- convey or cause to be released or re- conveyed at any <br />time at Beneficiary's option, any parcel, portion or all of the property; <br />(e) take or release any other or additional security for any obligation <br />herein mentioned; or <br />(f) make compositions or other arrangements with debtors in relation thereto. <br />19. Governing Law. This Deed of Trust shall be governed by the laws of the State of Nebraska and, <br />in the event any one or more of the provisions contained it this Deed of Trust, or the note or any other <br />security instrument given in connection with this transaction shall be for any reason be held to be in- <br />valid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceabillty shall <br />not affect any other provisions of this Deed of Trust, but the Deed of Trust shall be construed as if <br />such invalid, illegal or enforceable provision had never been contained herein or therein. <br />20. Effect of Forbearance. Any forbearance by Beneficiary or Trustee in exercising any right or <br />remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exer- <br />cise of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of any default <br />of the Trustor under this Deed of Trust shall not be deemed to be a waiver of any other or similar de- <br />fault subsequently occurring. <br />21. Re- conveyance by Trustee. Upon written request of the Beneficiary stating that all sums secured <br />hereby have been paid, and upon surrender of this Deed of Trust and the note to the Trustee for cancel- <br />lation and retention and upon payment by Trustor of Trustee's fees, Trustee shall re- convey to Trustor, <br />or the person or persons legally entitled thereto, without warranty, any portion of the property then <br />held hereunder. Recitals in such re- conveyance of any matters or facts shall be conclusive proof of the <br />truthfulness thereof. Grantees in the re- conveyance may be described as "the person or persons legally <br />entitled thereto." <br />22. Acceptance by Trustee. Trustee accepts this trust when this Deed of Trust, duly executed and <br />acknowledged, is made a public record as provided by law. <br />IN WITNESS WHEREOF, Trustor has executed this Deed of T at on the date first noted above, e <br />srl <br />Lilah L. Stltith <br />STATE OF NEBRASKA ) <br />} 96: <br />COUNTY OF <br />On this day of _ ,� - 198_j!; , before me, the undersigned, a Notary <br />Public duly commissioned and qualified for said County, personally came Q. C <br />to me known to be the identical "?-� - ?Z`-- -- -h,tiK.�`. %.w•}L <br />person (s) whose name (s) are subscribed to the foregoing instrument <br />and acknowledged the execution thereof to be r voluntary act and deed. <br />Witness my hand and Notarial Seal at _ in said County, the mate <br />aforesaid. 1!►+tns�ts��__.._ __._. -- --- <br />Ny c Lsslon expires: <br />�= rMM1�MpN sl �MBIb <br />X <br />Not an fab11 ...._.____. <br />