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83006413
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Last modified
11/20/2008 9:50:52 AM
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11/20/2008 9:50:52 AM
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DEEDS
Inst Number
83006413
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<br />I <br /> <br />83-u06413 <br /> <br />Trust nor its enforcement, whether by court action or pursuant to <br />the power of sale or other powers herein contained, shall preju- <br />dice or in any manner affect Trustee's or Beneficiary's right to <br />realize upon or enforce any other security now or hereafter held <br />by Trustee or Beneficiary, it being agreed that Trustee and <br />Beneficiary, and each of them, shall be entitled to enforce this <br />Deed of Trust and any other security now or hereafter held by the <br />Beneficiary or Trustee in such order and manner as they, or <br />either of them, may in their absolute discretion determine. No <br />remedy herein conferred upon or reserved to Trustee or Beneficiary <br />is intended to be exclusive of any other remedy herein or by law <br />provided or permitted, but each shall be cumulative and shall be <br />in addition to every other remedy given hereunder or now or <br />hereafter existing at law or in equity or by statute. Every <br />power or remedy given by any of the loan instruments to Trustee <br />or Beneficiary or to which either of them may be otherwise <br />entitled may be exercised, concurrently or independently, from <br />time to time and as often as mav be deemed expedient by Trustee <br />or Beneficiary, and either of them may pursue inconsistent <br />remedies. Nothing herein shall be construed as prohibiting Bene- <br />ficiary from seeking a deficiency judgment against Trustor to the <br />extent such action is permitted by law. <br /> <br />14. Request for Notice. Trustor hereby requests a copy of <br />any notice of default and that any notice of sale hereunder be <br />mailed to Trustor at the address set forth in the first paragraph <br />of this Deed of Trust. <br /> <br />15. Appointment of Successor Trustee. Beneficiary may, <br />from time to time, by wr1tten instrument executed and acknowledged <br />by Beneficiary, mailed to Trustor and recorded in the county in <br />which the property is located and by otherwise complying with the <br />provisions of the applicable law of the State of Nebraska, sub- <br />stitute a successor or successors to the Trustee named herein or <br />acting hereunder. <br /> <br />16. Successors and Assiqns" This Deed of Trust applie3 to <br />and inures to the benefit of and binds all parties hereto, their <br />heirs, legatees, devisees, personal representatives, successors <br />and assigns. The term "Beneficiary" shall mean the owner and <br />holder of the note, whether or not named as Beneficiary herein. <br /> <br />17. Beneficiarv's Powers. Without affecting the liability <br />of any other person liable tor the payment of any obligation <br />herein mentioned, and without affecting the lien or charge of <br />this Deed of Trust upon any portion of the property not then or <br />theretofore released as security for the full payment of all <br />unpaid obligations, Beneficiary may, from time to time and <br />without notice: <br /> <br />fal release any persons so liable; <br /> <br />(hI extend the maturity or alter any of <br />the terms of any such obligation; <br /> <br />(c) grant other indulgences; <br /> <br />(d) release or re-convey or cause to be <br />released or re-conveyed at any time at Bene- <br />ficiary's option, any parcel, portion or all <br />of the property; <br /> <br />(el take or release any other or addi- <br />tional security for any obligation herein <br />tnfiIntionedl or <br /> <br />(fl make compositions or other arrange- <br />ments with debtors in relation thereto. <br /> <br />Ill. Qovernin9 Law. This Deed of Trust shall be governed by <br />the laws ot the State of Nebraska and, in the event any one or <br />more of the provisions contained ir:. this Deed of Trust: or 't.he <br />note or any other security instrument given in connection with <br /> <br />-5- <br /> <br />
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