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85-. 003"132 <br />15. Request for Notice. Trustor hereby requests a copy of MY notice of default and that anv <br />� <br />notice of sale hereunder be maned to Trustor at the address set forth in the first paragraph 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" <br />shall mean the owner and holder of the note, whether or not named as Beneficiary <br />herein. <br />16. Beneficiary's Powers. Without affecting the liability of any other person liable for the <br />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 <br />payment of <br />all unpaid obligations, Beneficiary may, from time to time and without notice: <br />(a) release anv persons so liable; <br />(b) extend the maturity or alter any of the terms of amv such obligation; <br />lc) grant other indulgences; <br />(d) release or re- convev or cause to be released or re- conveyed at anv <br />time at Beneficiary's option, any parcel, portion or all of the property; <br />(e) take or release anv 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 eve. -it any one or more of the provisions contained in this Deed of Trust, or the note or any other <br />security instrument <br />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, i'legalitc or unenforceability shall <br />not affect any other provisions of this Deed of Trust, but the Deed of Trust s;,all 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 of any default <br />of the Trustor under this Deed of Trust shall not be deemed to be a waiver of <br />an-, 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 <br />upon surrender of this Deed of Trust and the note to the Trustee for cancel- <br />lation and retention <br />and upon payment by Trustor of Trustee's fees, Trustee shall re- convev to Trustor, <br />or <br />the person or persons legally entitled thereto, without warranty, anv portion of the property then <br />held hereunder. Recitals in <br />such re- conveyance of any matters or fads shall be conclusive proof of the <br />truthfulness thereof. Grantees in <br />the re- conveyance mac be described as "the person or persons legally <br />entitled thereto." <br />,a <br />-. Acceotance by Trustee. Trustee accepts this trust when this heed of Trust, duly <br />executed and <br />ackllowi edged, is made a public record as provided by haw. <br />IN' WITNESS WHEREOF, Trustor has executed this Deed of Trust an the dace first noted above. <br />rnllip M-,; rtin <br />�e�lan>ne .. ^tin " <br />STATE OF NEERASKA <br />COM—if OF Hall ss: <br />On this 2nd day of August i9R 5 before <br />__ me, the undersigned, a tiotary <br />Public duly co ®lssiened and qw "led for said Caunt�. Personall•: came P3111p �i. anC� �e3Ilnln, M <br />�. rti, <br />to me known to be the identical persons) who e ramef sJ Are subscribed to the foregoing instrument <br />and acknowledged vn <br />the execution thereof to be is er voluntary act and deed. <br />Witness my hand =d Notarial Seal at Grand Island. Nebraska in said County, <br />aforesaid. the date <br />L <br />•"y commission �-� 4on expires: !,1 f, <br />./� <br />L f�;MM({► 4otal <br />Public <br />