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FLIT 2906 (b-M) Ppe4Of4 (b) This Trust Deed sholli+ CrinahUed according to the laws of the State of Nebraska. (c) This Trust Deed shall Inure to and bind the heirs, legatees, devisees, administrator, executors. succeswn and assigns of the parties hereto. (d) Trustor shah pay ml taxes levied upon this Trust Deed or the debt secured hereby, together with any other taxes of aeseesmente which may be Iwiad against the Trustee or Beneficiary or the legal holder of said promissory tote on a000uMlt of the I Kkk* dnass widened thereby. (a) whenever used herein, the singular number shell include the plural and the singular, the use of any gander shed be applicable to all genders, and the term "Beneficiary.. shall include any payee of the indebtedness herby secured or any trwwW thereof, whether by operation of law or otherwise. 20. 00"0"w TnNOM SWwftkwY May from time to time substitute a succssw of succossiom to any Trusts* nex or acting hereunder to execute this Trust Deed. Upon such appointment and without Conveyance to the successor Trustee. the latter shall be vested with all title, powers, and duties conferred upon any Trustee herein named or acting hereunder. Each such sppoiMmeM and substitution shall be made by writlen instrument by Beneficiary. cognaining reNmues to this Trust Deed and Its PION of record. which when recorded in the office of the Re~ of Demo of the county a counties in which said Property Is situated shall be conclusive proof of proper appolmmem of the successor True. The foregoing power of substitution and the procedure therefore shall not be exclusive of the power and Procedure Provided for by law for the aubstkution of a Trustee or Trustees in the place of the Trustee. 21. Fit i sesuestly- asaa lar yorTnaNeHasW~. AnyforebearaneebyBenefkiaryorTrusteeIn exorcisinganyright or remedy hereuneer,,or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any ►Iglu drremedy hereunder. Ukewiss, the waver by Beneficiary or Trustee of any default of Trustor, underthis Trust Deed SW not be deemed to be a waiver of any other or similar default& subsequently occurring. 22. TrWOW NO Raise" Extension of the time for payment or modffication of amortlttation of the SUMS secured by this ary Trust Deed granted by Benefici to any successor in interest of Trustor shelf not operate to ralsess, in any manner, the liability of the ofiginal Truster or Trustor's successor in Interest. Beneficiary shall not be required to conM or7N Iroosedinge against such SUCC80W or refuse to extend time for Payment or otherwise modify anortitatlon of the ame secured by title Trust Deed by "Mm of any demand made by the original Trledr and Trustofs successors in intorest 23. OokidL If there shall be a default under this Trust Deed or under any prior mortgage, the Beneficiary may curs such dehuit. The amounts advanced by the Beneficiary. and other costs and expenses of the Beneficiary in curing such defad6 with inureeat the default rate contained in the Note secured hereby from the time of the advancesor payments, SW be added to the Indebtedness secured by this Trust Deed. Such it oums may be collected hereunder at arty time WW the time of 911011 advance or payments and shell be deemed to be secured hereby. 24. 00" N useless. Upon the occurs nce of any default hereunder. Benoicloy shall have the option to forechm this True Dead In the mannw provided by law for the forectOg re of mortgages on rem property. 25. TnoWe M§W Aftssnl OsimL Until any default in the psymom d indebtedness hereby secured or umti the breach of any """ant herein Contained, the-Trustor, its successors and assigns, shall possess and enjoy the property, and reu eiw the rsn and profit therefrom. Upon payment of ail awns secured by this True Deed. Beneficiary shalt request Trustee to reoonvey the PAY and Shall surrender this True Dead anti all notes evidancing indebtedn"s secured by o flafge b t this Trust Deed to Tnrpes tee . Trust" oW recawsy the property without warranty and without he persons IegaNy entitled thereto. The t3rsmee in cry mcwmryanm may bs d*wribod n "the person or pol ow entitled therwo... and the recltele darein of any matters or facts mall be conclusive proof of the truthfulness thereof. Such person or persons Shall Pay aN costs of recording, if any. The Trustor requests that ■ copy of any notice of default and of any notice of sale hereunder be mailed to him at the address no nbefom sal forth. IN WITNESS WHEREOF, the Trustor has executed this Trust Deed the day and year first above written. ArthKu`r A. MCDowek]. lirliss J. McDowe STATE OF Nebraska ~' COUNTY OF kall � Before me, a Notary Public, qualified for said County, personally came Arthur A. Ncnowel i and Aril" J McDowell- husband and wife known to me to be the identical Persons) who signed the foregoing instrument and acknowledged the execution thereof to be his, ha, Of their voluntary act and deed. If executed on behalf of a corporation, the obove•identified Persons) acknowledges that the execution thereof was the signer's voluntary act and deed a$ such officer and was the voluntary act and deed of said corporation and that the seal affixed thereto is its corporate seal and was thereto affixed by the authority, of its Board of Directors. i -t r WITNESS my hand and Notarial Seal this day of 19 1 ti -'Notary PubliC: My Commission Expires. ONAK" R