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200803604 Trustor or any other person liable for the payment of the obligations and indebtedness secured by this Deed of Trust, and without affecting the lien or charge of this Deed of Trust upon any portion of the Property not then or theretofore released as security for the full amount of all unpaid obligations, Beneficiary may, from time to time and without notice (i) release any person so liable, (ii) extend the maturity or alter any or the terms of any such obligation, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at Beneficiary's option any parcel, portion or all of the Property, (v) take or release any other or additional security for any obligation or indebtedness herein mentioned, or (vi) make compositions or other arrangements with debtors, in relation thereto; (i) in addition to the rights and powers given to the Trustee and Beneficiary herein, the Beneficiary shall have all such other rights both in law and equity for collection of the indebtedness secured hereby as it would have but for this Deed of Trust; U) all covenants and agreements of Trustor set forth in this Deed of Trust shall be joint and several; (k) this Deed of Trust shall be governed by the laws of the State of Nebraska, except and only to the extent the UCC provides otherwise; (I) in the event anyone or more or the provisions contained in this Deed of Trust, or the Note or any other security instrument given in connection with the indebtedness hereby secured shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality, or unenforceability shall at the option of the Beneficiary not effect any other provision of the Deed of Trust, but this Deed of Trust shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein or therein. If the lien of this Deed of Trust is invalid or unenforceable as to any part of the indebtedness hereby secured or evidenced by the Note, or if the lien is invalid or unenforceable as to any part of the Property, the unsecured or partially secured portion of such indebtedness shall be completely paid prior to the payment of the remaining and secured or partially secured portion of such indebtedness, and all payments made on such indebtedness, whether voluntary or under foreclosure or power of sale or other enforcement action or procedure, shall be considered to have been first paid on and applied to the full payment of that portion of such indebtedness which is not secured or not fully secured by the lien of the Deed of Trust; and (m) The covenants and agreements contained in this Deed of Trust shall bind, and the benefits and advantages hereof shall inure to the respective heirs, executors, administrators, successors and assigns of the parties hereto. Wherever used herein, the singular number shall include the plural and conversely, and the use of any gender shall be applicable to all genders. Wherever the terms "Beneficiary is used herein, it shall include the legal holder or holders of the Note or the indebtedness secured hereby. 8. Upon written request of Beneficiary stating that all amounts and indebtedness secured hereby have been paid, and upon surrender of this Deed of Trust and the Note to Trustee for the cancellation and retention and upon payment by Trustor of Trustee's fees, Trustee shall reconvey to Trustor, or the person or persons legally entitled thereto, without warranty, any portion or the Property then held by Trustee hereunder. The grantee of any reconveyance may be described as "the person or persons legally entitled thereto." 9. Trustor acknowledges that Trustor's current financial position is an important factor in Beneficiary's decision to advance the funds represented by the aforementioned Note. Trustor therefore has agreed, in order to provide assurance to Beneficiary with regard to Trustor's financial position, that it shall be an event of default for Trustor to allow any lien or 13 ~Jfl F j;{tJ