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<br />200808987 <br /> <br />in form and substance reasonably satisfactory to Trustee, covering any of the Property conveyed <br />by this Trust Deed, which security instruments shall be additional security for Trustor's faithful <br />performance of all of the terms, covenants and conditions of this Trust Deed, the promissory <br />notes secured hereby, and any other security instruments executed in connection with this <br />transaction. Such instruments shall be recorded or filed, and re-recorded and reified, at Trustor's <br />expense. <br /> <br />17. Miscellaneous. <br /> <br />(a) In the event anyone or more of the provisions contained in this Trust Deed, or the <br />promissory note or any other security instrument given in connection with this transaction shall <br />for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, <br />illegality, or unenforceability shall, at the option of Beneficiary, not affect any other provision of <br />this Trust Deed, but this Trust Deed shall be construed as if such invalid, illegal, or <br />unenforceable provision had never been contained herein or therein. <br /> <br />(b) This Trust Deed shall be construed according to the laws ofthe State of Nebraska. <br /> <br />(c) This Trust Deed shall inure to and bind the heirs, legatees, devisees, <br />administrators, executors, successors and assigns of the parties hereto. <br /> <br />(d) Trustor shall pay all taxes levied upon this Trust Deed or the debt secured hereby, <br />together with any other taxes or assessments which may be levied against the Trustee or <br />Beneficiary or the legal holder of said promissory note on account of indebtedness evidenced <br />thereby. <br /> <br />(e) Whenever used herein, the singular number shall include the plural, the plural, the <br />singular, the use of any gender shall be applicable to all genders, and the term "Beneficiary" shall <br />include any payee of the indebtedness hereby secured or any transfer thereof, whether by <br />operation of law or otherwise. <br /> <br />18. Successor Trustee. Beneficiary may from time to time substitute a successor or <br />successors to any Trustee named herein or acting hereunder to execute this Trust Deed. Upon <br />such appointment and without conveyance to the successor Trustee, the latter shall be vested <br />with all title, powers, and duties conferred upon any Trustee herein named or acting hereunder. <br />Each such appointment and substitution shall be made by written instrument by Beneficiary, <br />containing reference to this Trust Deed and its place of record, which when recorded in the office <br />of the Register of Deeds of the county or counties in which said property is situated shall be <br />conclusive proof of proper appointment of the successor Trustee. The foregoing power of <br />substitution and the procedure therefore shall not be exclusive of the power and procedure <br />provided for by law for the substitution of a Trustee or Trustees in the place of the Trustee. <br /> <br />19. Forbearance by Beneficiary or Trustee Not a Waiver. Any forbearance by <br />Beneficiary or Trustee in exercising any right or remedy hereunder, or otherwise afforded by <br />applicable law, shall not be a waiver of or preclude the exercise of any right or remedy <br />hereunder. Likewise, the waiver by Beneficiary or Trustee of any default of Trustor under this <br /> <br />7 <br />