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84 - 005068 arising out of this Deed and (iH) the required or obligated in any.manner to perform or the obligations of the Grantor under,pursua:nttoor to any of the Collateral. '. 3 .10. ~ Waiver; Writing. .No delay on the Beneficiary in the exercise of any right or remedy as a waiver thereof, and no single or partial Beneficiary of any right or remedy shall preclude further exercise thereof or the ex.ercise of any other remedy. No amendment, waiver or supplement in any t..'1is Deed shall in any event be effective unless writing signed by the Beneficiary, 3.11. Governino Law, This Deed has been executed and delivered at Skoki e, 3: l11,noi s, and shall be construed inaccor- dance wi th and governed by the laws of the State of Illinois., except to the extent that it is mandatory that the laws of the State of Nebraska apply to creation, priority, perfection, maintenance and enforcement of the lien and security interest hereof. Whenever possible, each provision of this Deed Shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Deed shall be prohibited by or invalid under a.:, ':icable law, such provision shall be ineffective to the "-\).: . f;:. nt- 0f ~uch prohibition O'r invalidi ty, wi thaut in'..a.1 idetir., the remainder of such provision or the remaining prov~s~ons of this Deed, 3.12 ' Waiver. The Grantor, on benal f of itself and all persons now or hereafter interested in the Premises or the Col- lateral, to the fullest extent permitted by applicable law hereby waives all rlghts ~nder all appraisement, homes~ead, moratorium. valuation~ exemption, 5~ay. extension. redemption and marshalling statutes, laws or eq'..1ities now or hereafter existing. and the Grantor agrees that no defense, claim or right based on any thereof will be asse::-ted, or may be enforced, in any action enforcing or relating to this Deed or any of this Collateral. Wi thout l.:;,mi ting the general i ty of the preceding sentence, the Granto::-, on its own behalf and on behalf of each and every person acquiring any interest in or title to the Premises subsequent to the date of this Deed, hereby lrrevocably wa~ves any and all righ-:s of redemption from sale under any order or decree of foreclosure of th~s Deed or under any power conta~ned herein or under any sale pursuant to any statute, order, decree or Judgment of any court, ~.~~. NO MeLQer. It beina the desire and intention of the part~es here~~h~h~s Deed and the l~en hereof do not merge in fee simple title to the Premises, it is hereby understood and agreed ~hat should the Beneficiary acquire an additional or other interests in or to the Prem~ses or the ownership thereof, then, unless a contrary intent is manifested by the Beneficiary as evidenced by an express statement to that effect ~n an appro- priate document duly recorded, this Deed and the l~en hereof shall not merge in the fee simple tltle, toward the end that this Deed may be foreclosed as if owned by a stranger to the fee simplfO title. 3,14. Grantor and event shall Beneficiarv Not a JOlnt Venturer or Partner, The the BenefiC~ary ac'K.r~~i--edge'-"-and-'--a-gi:ee--.-that In no the Beneficiary be deemed to be a partnel' or JOInt L _")"'::1._ L