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200902266
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200902266
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Last modified
3/30/2009 2:58:19 PM
Creation date
3/30/2009 2:54:54 PM
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DEEDS
Inst Number
200902266
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<br />200902266 <br /> <br />25. JOINT AND SEVERAL LIABILITY. All covenants and agreements of Trustor shall be joint and several. <br /> <br />26. SEVERABILITY. In the event of anyone or more of the provisions contained in this Trust Deed or the Note or any <br />other security instrument given in connection with this transaction shall for any reason be invalid, illegal, or unenforceable in any respect, <br />such invalidity, illegality, or unenforceability shall, at the option of Beneficiary, not affect any other provision of this Trust Deed, but this <br />Trust Deed shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein or therein. If the lien <br />of the Trust Deed is invalid or unenforceable as to any part of the debt, or if the lien is invalid or unenforceable as to any part of the <br />Property, the unsecured or partially secured portion of the debt shall be completely paid prior to the payment of the remaining and secured <br />or partially secured portion of the debt, and all payments made on the debt, whether voluntary or involuntary, shall be considered to have <br />been first paid on and applied to the full payment of that portion of the debt which is not secured or not fully secured by the lien of this <br />Trust Deed. <br /> <br />27. TRUSTEE LIABILITY. So long as the Trustee shall act in good faith and in reliance upon notices and other <br />information which it, in its sole discretion, may deem to be reliable, and so long as Trustee shall exercise reasonable prudence and care in <br />its administration hereunder, Trustee shall not be liable for any loss or damage sustained or incurred by the Trustors or any Beneficiary or <br />by any other persons whomsoever, it being expressly stipulated that the Trustee shall be liable only for its own gross negligence and <br />willful default in the premises. <br /> <br />28. NUMBER AND GENDER. Whenever used herein, the singular number shall include the plural, and the use of any <br />gender shall be applicable to all genders. <br /> <br />29. ACCEPTANCE BY TRUSTEE. Trustee accepts this Trust when this Trust Deed, duly executed and acknowledged, <br />is made a public record as provided by law. <br /> <br />IN WITNESS WHEREOF, Trustor has executed this Trust Deed as of the date and year first above written. <br /> <br />WINDRlDGE TOWNHOMES II, LLC, <br /> <br />By: Housing Plus, LLC, <br />Managing Member <br /> <br /> <br />By: <br /> <br />STATE OF NEBRASKA <br />COUNTY OFd~A../ <br /> <br />) <br />) 55. <br />) <br /> <br />The foregoing instrument was acknowledged before me this 26th day of March, 2009, by Kathryn L. Mesner, Member of <br />Housing Plus, LLC, Managing Member of Wind ridge Townhomes II, LLC, on behalf of Windridge Townhomes II, LLC. <br /> <br />WITNESS my hand ""d notarial ""I the day and ye", I"" above writtek~ 7 ~ <br /> <br /> <br />NO~Ubli' <br /> <br />.J;GENERAL NOTARY-State of Nebraska <br />JANET L. LATIMER <br />My Comm. Exp. January 19, 2011 <br />
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