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84005497
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1984
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84005497
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Last modified
11/20/2008 10:01:44 PM
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11/20/2008 10:01:44 PM
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DEEDS
Inst Number
84005497
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<br />r <br /> <br />"J.';1')'l'-" <br /> <br />84-- 005497 <br /> <br />instrument or other agreement or any laws now or hereafter <br />enforced, notwithstanding some or all of the indebtedness and <br />obligations secured hereby which may now or hereafter be otherwise <br />secured, whether by mortgage, deed of trust, pledge, lien, <br />assignment or otherwise. Neither the acceptance of this Deed of <br />Trust nor its enforcement, whether bv ~ourt action or purs~~nt to <br />the ~awer 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 hereayter 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 Benafi~ <br />ciary is intended to be exclusive of any other remedy herein or <br />by law provided or permitted, but each shall be cumulative and <br />shall be in addition to every other remedy given hereunder or now <br />or 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 may be deemed expedient by Trustee <br />or Beneficiary, and either of the~' may pursue inconsistent <br />remedies. Nothing herein shall he- '.c':lstrued "s prohibiting 'Bene- <br />ficlary from seeki~g a defic~enc: 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 written instrument executed and acknoWl- <br />edged by Beneficiary, mailed to Trustor and recorded in t.lJ.e <br />County in which the property is located and by otherwise comply- <br />ing with the provisions of the applicable law of the State of <br />Nebraska, ~ubstitute a successor or successors to the Trustee <br />named herein or acting hereunder. <br /> <br />16. Successors and Assigns. This Deed of Trust applies 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. Beneficiary's Powers. Without affecting the liability <br />of any other person liable for 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 />(a) release any persons so liable: <br /> <br />(b) extend the maturity or alter any of <br />the terms of any s~ch obligation: <br /> <br />(c) grant other indulgences: <br /> <br />.. <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 />l <br /> <br />(e) take or release any other or addi- <br />tional security for any obligation herein <br />mentioned: or <br /> <br />(fl make compositions or other arrange- <br />ments with debtors in relation thereto. <br /> <br />-5- <br />
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