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15- 00,37.29
<br />either of them may be otherwise entitled, may be exercised
<br />concurrently, or independently, from time to time, and as often
<br />as may be deemed expedient by Trustee, or Beneficiary; and,
<br />either of them may pursue inconsistent remedies. Nothing herein
<br />shall be construed as prohibiting Beneficiary from seeking a
<br />deficiency judgment against Trustor to the extent such action is
<br />permitted by law.
<br />15. Request for Notice. Trustor hereby requests a co y
<br />any notice of default and that any notice of sae hereunder be
<br />mailed to Trustor at the address set forth in the first paragraph
<br />of this Deed of Trust.
<br />16. Appointment of Successor rumeteeT_ . Beneficiary army,
<br />from time to time, by written instrument executed and acknowl-
<br />edged by Beneficiary, mailed to Trustor, and recorded in the
<br />County in which the property is located, and by otherwise comply-
<br />ing with the provisions of the applicable law of the State of
<br />Nebraska, substitute a successor, or successors, to the Trustee
<br />named herein, or acting hereunder.
<br />17. Successors and Assigns. This Deed of Trust applies to,
<br />and inures to, the bene i of, and binds, all parties hereto,
<br />their heirs, legatees, devisees, personal representatives,
<br />successors and assigns. The term "Beneficiary" shall mean the
<br />owner and holder of the -note, whether or not named as Beneficiary
<br />herein.
<br />18. Beneficiary's Powers. Without affecting the liability
<br />of any other person liable for the payment of any obligation
<br />herein mentioned, and without affecting the lien or charge of
<br />this Deed of Trust upon any portion of the property not then, or
<br />theretofore, released as security for the full payment of all
<br />unpaid obligations, Beneficiary may, from time to time, and
<br />without notice:
<br />(a) release any persons so liable;
<br />(b) extend the maturity or alter any of the terms
<br />of any such obligation;
<br />(c) grant other indulgences;
<br />(d) release, or re- convey, or cause to be released
<br />or re- conveyed, at any time, at Beneficiary's option,
<br />any parcel, portion, or all of the property;
<br />fey take, or release, any other or additional
<br />security for any obligation herein mentioned; or
<br />(f) make compositions or other arrangements with
<br />debtors in relation thereto.
<br />19. Governincl Law. This Deed of Trust shall be governed by
<br />the laws owe State of Nebraska; and, in the event any one or
<br />more of the provisions contained in this Deed of Trust, or the
<br />note, or any other security instrument given in connection with
<br />this transaction, shall, for any reason, be held to be invalid,
<br />illegal, or unenforceable, in any respect, such invalidity,
<br />illegality, or unenforceability, shall not •.ffect any other
<br />Provisions of this Deed of Trust; but, the Deed of Trust shall be
<br />construed as if such invalid, illegal, or enforceable provision,
<br />had never been contained herein or therein.
<br />L 20. Effect of Forbearance. Any forbearance by Beneficiary,
<br />or Trustee, n exercising any right, or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not be a waiver of,
<br />or preclude, the exercise of any such right or remedy hereunder.
<br />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
<br />a waiver of any other or :similar default subsequently Occurring.
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