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I 83- 006420 16. OPtion to Foreclose. Upon the occurrence of any default hereunder. Beneficiary shall have the option to foreclose this Deed of TNst in the manner provided by law for the foreclosure of mortgages on real property. r 17. Forebttarance by Beneficiary or TNstee Not a Waiver. Any forebearance by Beneficiary or Trustee in exercising any right or temedy her....nder. or otherwise afforded by applicable law. shall not be a waiver of or pr.. clude the exercise of any such right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustae of any default of Trustor under this Deed of Trust shall not be deemed to be a waiver of any other or simililt defaults subIllquently occurring. lB. Trustor Not. Released. Extension of the time for payment or modification or amortization of the sums secured by this Deed of Trust granted by Beneficiary to any successor in interest of TNstor shall not operate to release, in any manner. the liability of the original Trustor and Trustor's successor in interest. Beneficiary shaH not be required to commence proceedings against such successor or refuse to extend time for payment Or other.. wise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the original TNstOf and Trustor's successors in interest. 19. Beneficiary's Pow..... Without affecting the liability of the Tru.<or or any other person liable for the payment of any obligation herein mentioned. and without affecting the li.n or chiltge of this Deed of Trust upon any portion of the PYoperty not then or thlltetofore released as .ecurity for the full amount of all unpaid obligations, Beneficiary may, from time to time and without notice (i) r.lease any person so liabl.. (ii) extend the matUrity or alter any of the term. of any such obligatio.ns, (iii) grant other indulgences, (iv) r.lease or reconv.y. or cause to be released or reco....eyed at any time It Beneflciary's options any parcel, portion or all of the Property, (v) take or release any other or additionst :securitv for any obligation herein mentioned, or (vi) make compositions or other arrangements with debtors in rtlation thereto. 20. Reconveyance by Trust.... Upon written request of B.neficiary Stating that all sums secured hereby have been paid. and upon surtender of this Deed of Trust and the Not. to TNst.. for cancellation .nd retention and upon payment by TNSlOr of Trustee'. fees. Truste. shall roco.....y to Trustor, or the person or persons legally entitled thereto, without warrlntY. any portion of th. Property then held hertlUnder. The recitals in such recon- veyance of any man.... or factS shall be conclusive proof of Ih. INthfulness ther""f. Th. grantee in .ny reconv.y. ance may be detcribed as II the- person or persons legally entitled therMO II , 21. Notices. Except tor any notices. dema~$, requests or other communications requjred under applicable law to be g~nother manner. whenwet Beneficiary, Trustor Of Trustee gwes Or serves any notice (including, without limitation. not"'" ot default and notice of sal.). demands, request. or other communication with re<pect to this Deed ot Trust. each sucl1 notice. demand, request or other communication shall be in writing and shell be effeo:tiYe anlV if the same is deliver.., by personal """ice or mliled by certified mlil. postag. prepaid. retUrn receiPt r_lId. addrased to tha addr_ as set fOftn It the beginning of this Deed of Trust. Trustor hereby requ.sts that. copy of ~nv OQtlCe of default. any ootlce of ~., reqlJtrl!d or p.:lrr-~itted to be given the Trustth "eunder. be mailed to it at the addrm SIt forth at tha beginning of thil D.ed of TNst. Any party mlY at any tLne chang. its addtas tor such notices by delivcril"Jg Of mailing to the other parties hereto, as afote<tAtd. ! notice of such change. My notice her...ndaf shall bit deerned to have been giv1ln to Trustor or Beneficiary, wh.n giv.n in the mlnn.r delignatlld herein. 22. Gov...ning l.4w. This Deed of Trust shIll be _...ned by the laws ot the State of Nebraska. 23. s..~ and A..igns. This Oelld of Trust Ind all terms, conditions and Obligation. her.in Ipply to and iou,. to the bene-fit 01 and bind ail parties heretO, the-Ir h.lts, legatees. dev,s-ees, perlOnal represent_tives" successors and assigns. Tha lann "Beneficilry" shlU mean th. owner and holder of the Note. whether or not nam.d as Ben... ficiary h....in. 24. Joint aM Several Liability. All """....nt. and agreements of TNstor shall be jOint and sev.rll. 25. Severebility. In the event anyone or more of the provi.ions contained in this Deed of Trust, or the Note or any other .security instrUment g~en in connection with this transaction shaH for any reason be- held to be in..lid. ilI..-t or unenforcNble in any r.SI>OCt. such Invalidity. ilI..-lity, or unenforceability shall, at the OPtion of BeneficiIry, not affct any olhar provilion of this Deed of Trust. but this Deed of Trust shell be comtrued as it sucl1 irNalid. il.... or u~e provision had n..ar been contained herein or th....in. If the lien of this Deed of Trust is irwalid or unenforceable as to any p..-t of the debt. 0< it the liln is invaiid or unenforceable as to any part of the "'-tv. the u_nd or partially securlld portion ot the debt shall b. completely paid prior to th. pay. ...- of the remaining and Maired or partially _wlld portion of the debt, and all paym.nts mode on the debt, ~ vol\1nt1lrV or under foreclosure Ot other enf_ent action or procedur., shall be considered to have been fIrSt PIid on aM appIitd to the full payment of that portion of the debt which i. not secured or not fully secured by the lien of this Deed of Trust. 28. Nt.tmber end ~nder. wn......er used herein, the singular number shall Include Ih. plural. the plural, the $iIlgular, and the.... of any gender shell be applicable to III gender" t 21. ~ by Tnllt... TNltee accep" this Trust when this Deed ot Trust. duly ..ecuted and ac. ~ is..... a public -.d as provided by taw. lIaoiI.lWlD P-.&0I6