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1 <br />The irrevocable right to a a substitute trustee or trustees is hereby expressly <br />granted appoint 003197 <br />ed to the Beneficiary, his successors or assigns, to be exercised at any time hereafter <br />without specifying any reason therefor, by filing for record in the office where this instru- <br />ment is recorded a substitution of Trustee. Prior to recording the substitution of Trustee, <br />a copy of the instrument of the substitution of the successor Trustee shall be mailed to <br />the Trustor and all persons who have requested notice of default and notice of sale by filing <br />i such request with the office of register of deeds where this Deed of Trust is recorded. <br />14. If more than one person joins in the execution of this instrument as Trustor, or if <br />anyone so joined be of the feminine sex, the pronouns and relative words used herein shall be <br />read as if written in the plural or feminine, respectively, and the term "Beneficiary" shall <br />include any payee of the indebtedness hereby secured or sly assignee or transferee thereof <br />whether by operation of law or otherwise. The covenants herein contained shall bind and the <br />rights herein granted or conveyed shall inure to the respective heirs, executors, administrators <br />successors, and assigns of the parties hereto. <br />15. In compliance with section 101.1(d) of the Rules and Regulations of the Small Business <br />Administration (13 C.F.R. 101.1(d)), this instrument is to be construed and enforced in <br />accordance with applicable Federal Law. <br />16. A judicial decree, order, or judgment holding any provision or portion of this <br />instrument invalid or unenforceable shall not in any way impair or preclude the enforcement <br />of the remaining provisions or portions of this instrument. <br />17. The sale of the real estate which is the subject of this Deed of Trust without the <br />prior written consent of the Beneficiary is agreed to be a material default by the Trustor <br />and the Beneficiary shall have the option to declare the whole indebtedness secured thereby <br />to be due and owing and the power of sale conferred upon the Trustee may be exercised <br />pursuant to this document and applicable statutes. <br />IN WITNESS WHEREOF, Trustor has executed this instrument and the Trustee and Beneficiary <br />are deemed to have accepted their respective rights and duties when a duly executed and <br />acknowledged copy of this instrument is delivered to them. <br />(Richard Lavern Grudzink <br />(Shirley Sue Grudzinski) <br />(Add Appropriate Acknowledgment) <br />STATE: OF NEBRASKA ) <br />SS: <br />COUNTY OF HALL ) <br />Before me, a qualified Notary Public, personally apfx'ar('c� Richard Lavern Grudzinski <br />and Shirley Sue Grudzinski, known to me to be the identical persons who signed the fore- <br />going instrument and acknowledged the execution thrrcof to lx their voluntary act and <br />deed. <br />Witness my hand and Notarial Seal on July 1, <br />� ►�IMI -� / MwMr <br />w4�a6�� j111 <br />1 1 <br />1985. <br />Notary puti i.c <br />