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200809278
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Last modified
11/5/2008 4:42:59 PM
Creation date
11/5/2008 4:42:58 PM
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DEEDS
Inst Number
200809278
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<br />200809278 <br /> <br />(a) Release any persons so liable; <br /> <br />(b) Extend the maturity or alter any of the terms of such obligation; <br /> <br />(c) Grant other indulgences; <br /> <br />(d) Release or re-convey or cause to be released or re-conveyed at <br />any time at Beneficiary's option, any parcel, portion or all of the <br />property; <br /> <br />(e) Take or release any other or additional security for any <br />obligation herein mentioned; or, <br /> <br />(f) Make compositions or other arrangements with debtors in <br />relation thereto. <br /> <br />16. Governing Law. This Deed of Trust shall be governed by the laws <br />of the State of Nebraska, and, in event anyone or more of the provisions <br />contained in this Deed of Trust or the Note or any other security instrument <br />given in connection with this transaction shall, for any reason, be held to be <br />invalid, illegal or unenforceable in any respect, such invalidity, illegality or <br />unenforceability shall not affect any other provisions of this Deed of Trust, <br />but the Deed of Trust shall be construed as if such invalid, illegal or <br />enforceable provision had never been contained herein or therein. <br /> <br />17. Effect of Forbearance Any forbearance by Beneficiary or Trustee <br />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 such <br />right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of <br />any default 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. <br /> <br />18. Re-Conveyance by Trustee. Upon written request of the <br />Beneficiary stating that all sums secured hereby have been paid, and upon <br />surrender of this Deed of Trust and the Note to the Trustee for cancellation <br />and retention and upon payment by Trustor of Trustee's fees, Trustee shall <br />re-convey to Trustor, or the person or persons legally entitled thereto, <br />without warranty, any portion of the property then held hereunder. Recitals <br />in such re-conveyance of any matters of fact shall be conclusive proof of the <br />truthfulness thereof. Grantees in the re~conveyance may be described as "the <br />person or persons legally entitled thereto." <br />
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