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<br />84,- 005448 <br /> <br />r <br /> <br />Governing Body, the Issuer or the State of Nebraska, as such, all <br />such liability being hereby expressly released and waived as a <br />conditi.on of and as a part of the consideration for the execution <br />of this Mortgage and the issuance or the Bond. <br /> <br />Section 7.09 <br /> <br />No Benefits to OUtside Partner. <br /> <br />Nothing in this Mortqaqe, express or implied. is: <br />intended or shall be construed to confer upon or to give to any <br />person or corporation, other than the parties hereto and the <br />Company, any right, remedy or claim under or by reason of.this <br />Mort-q"l(:r.. or ,",Dvenant. ,",Dndi t:ion or stinulation thereof: and the <br />~ov~~~~t.s: - st~ipui';tio'ns~ ~nd- ~g~~e~ents in this Mortgage 'contained <br />shall be for the sole and exclusive benefit of the parties hereto <br />and the Company and their respective successors and assigns. <br /> <br />Section 7.10 <br /> <br />Successors and Assigns. <br /> <br />All provisions hereof shall inure to and bind the <br />respective successors and assigns of the parties hereto. The. <br />word "Issuer" shall include all persons claiming under or through <br />the Issuer and all person liable for the payment of the <br />indebtedness or any part thereof whether or not such persons <br />shall have executed the Mortgag~. <br /> <br />Section 7.11 <br /> <br />Notices to Parties. <br /> <br />Any notice, demand, certificate, request, instrument or <br />other communication authorized or required by this Mortgage shall <br />be in writing and shall be deemed to have been sufficiently given <br />or filed for all purposes of this Mortgage if and when mailed by <br />certified or registered mail, return receipt requested, postage <br />prepaid, addressed as follows: <br /> <br />TO THE :SSUER: <br /> <br />County of Hall, Nebraska <br />Hall County Courthouse <br />Grand Island, Nebraska 68801 <br />Attn: County Clerk <br /> <br />TO THE BONDHOLDER: <br /> <br />Norwest Bank Sioux City, N.A. <br />Post Office Box 808 <br />600 4th Street <br />sioux City, Iowa 51101 <br />Attn: Tim Nelson <br /> <br />TO THE COMPANY: <br /> <br />Wilbeth, Inc. <br />Box 2616 <br />Sioux City, Iowa 51106 <br /> <br />Section 7.12 <br /> <br />Severability. <br /> <br />If any provision of this Mortgage shall be held or <br />deemed to be or shall, in fact, be illegal, inoperative or <br />unenforceable, the same shall not affect any other provision or <br /> <br />-28- <br /> <br />L <br /> <br />L <br /> <br />L <br /> <br />I <br />L <br />