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84006240
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84006240
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11/21/2008 12:01:59 AM
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11/21/2008 12:01:59 AM
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DEEDS
Inst Number
84006240
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<br />I <br /> <br />84,.....'1 006240 <br /> <br />ficiary's option, any parcel, portion or all <br />of the property; <br /> <br />(e) take or release any other or addi- <br />tional security for any obligation herein <br />mentioned 1 or <br /> <br />(f) make compositions or other arrange- <br />ments with debtors in relation thereto. <br />19. Governing Law. This Deed of Trust shall be governed by <br />l:ne .Ld.W::S UJ: the State of Nebraska and, in the event any -one'- or <br />more of the provisions contained in this Deed of Trust, or the <br />note or any other security instrument given in conneetionwfth <br />this transaction shall be for any reason be held to be. invalid, <br />illegal or unenforceable in any respect, such invalidity, <br />illegality or unenfarceability shall not affect any other provi.., <br />sions of this Deed of Trust, but the Deed of Trust shall be con:- <br />strued as if such invalid, illegal or enforceable provision had <br />never been contained herein or therein. <br /> <br /> <br />20. Effect of Forbearance. ?,r'l :orbea:r:ti1ce by Beneficiary <br />or Trustee in eX€l"lCcising 2.ny ric: .t or :r:cmeody hereunder, or other.., <br />wise afforded by applicable law, shall not be a waiver of or pre- <br />elude the exercise of any such right or remedy hereunder. ~ike- <br />wise, the waiver by Beneficiary or Trustee of any default of the <br />Trustor under this Deed of Trust shall not be deemed to be a <br />waiver of any other or similar default subsequently occurring. <br /> <br />21. Re-conveyance by Trustee. Upon written request of the <br />Beneficiary stating that all sums secured hereby have been paid, <br />and upon surrender of this Deed of Trust and the note to the <br />Trustee for cancellation and retention and upon payment by <br />Trustor of Trustee's fees, Trustee shall re-convey to Trustor, or <br />the person or persons legally entitled thereto, without warranty, <br />any portion of the property then held hereunder; Recitals in <br />such re-conveyance of any matters or facts shall be conclusive <br />proof of the truthfulness thereof. Grantees in the re-conveyance <br />may be described as "the person or persons legally entitled <br />thereto. ,. <br /> <br />22. Acceptance by Trustee. Trustee accepts this trust when <br />this Deed of Trust, duly executed and acknowledged, is made a <br />public record as provided by law. <br /> <br />IN WITNESS WHEREOF, Trustor has executed this Deed of Trust <br />on the date first noted above. <br /> <br />':N~ J- ~~~ <br /> <br />Duaine L. Nelson <br /> <br />0u~~, '~f '-/k~~ <br />Cheryl' . Ne son <br /> <br />fl;;.+l-/. :/)) _.:::~L'",-<1yv <br />Stanley H. Nelson <br />C]~~'i;-~:~ N:\SO?-'" ~ftMj <br /> <br />L <br /> <br />STATE OF NEBRASKA <br />COUNTY OF i/" / / <br /> <br />S5: <br /> <br />On this J3 day of .ii.."],! ;j"r , 198.2..' before me, <br />the undersign~Notary Public du y commissioned and qualified <br />for said County, personally came Duaine L. Nelson and Cheryl L. <br />Nelson, husband and wife. to me known to be the identical persons <br />wl'>..o!!e names are subscribed to the foregoinq instrument and <br />-6- <br />
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