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200904201 <br />14. Remedies Not Exclusive. Trustee and Beneficiary, and each of them, shall be <br />entitled to enforce payment and performance of any indebtedness or obligation secured hereby <br />and to exercise all rights and powers under this Deed of Trust or under any loan instrument or <br />other agreement or any laws nor or hereafter enforced, notwithstanding some or all of the <br />indebtedness and obligations secured hereby which may now or hereafter be otherwise secured, <br />whether by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the <br />acceptance of this Deed of Trust nor its enforcement, whether by court action or pursuant to the <br />power of sale or other powers herein contained, shall prejudice or in any manner affect Trustee's <br />or Beneficiary's right to realize upon. or enforce any other security now or hereafter held by <br />Trustee or Beneficiary, it being agreed that Trustee and Beneficiary, and each of them, shall be <br />entitled to enforce this 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 either of them, may in their absolute <br />discretion determine. No remedy herein conferred upon or reserved to Trustee or Beneficiary is <br />intended to be exclusive of any other remedy herein or by law provided or permitted, but each <br />shall be cumulative and shall be in addition to every other remedy given hereunder or now or <br />hereafter existing at law or in equity or by statute. Every power ar remedy given by any of the <br />loan instruments to Trustee or Beneficiary or to which either of them maybe otherwise entitled <br />maybe exercised, concurrently or independently, from time to time and as often as maybe <br />deemed expedient by Trustee or Beneficiary, and either of them may pursue inconsistent <br />remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking a <br />deficiency judgment against Trustor to the extent such action is permitted by law. <br />15. Re uest far Notice. Trustor hereby requests a copy of any notice of default and <br />that any notice of sale hereunder be mailed to Trustor at the address set forth in the first <br />paragraph of this Deed of Trust. <br />16. A ointment of Successor Trustee. Beneficiary may, from, time to time, by <br />written instrument executed and acknowledged by Beneficiary, mailed to Trustor and recorded in <br />the County in which the Property is located and by otherwise complying with the provisions of <br />the applicable law of the State of Nebraska, substitute a successor or successors to the Trustee <br />named herein or acting hereunder. <br />1 ~'. Successors and Assi s. This Deed of Trust applies to, and inures to the benefit <br />of, and binds all parties hereto, their heirs, legatees, devisees, personal representatives, <br />successors and assigns. The term "Beneficiary" shall mean the owner and holder of the note, <br />whether or not named as Beneficiary herein. <br />18. Beneficiar 's Powers. Without affecting the liability of any other person liable for <br />the payment of any obligation herein mentioned, and without affecting the lien or charge of this <br />Deed of Trust upon any portion of the Property not then or theretofore released as security for <br />the full payment of all unpaid obligations, Beneficiary may, from time to time and without <br />notice: <br />(a) release any persons so liable; <br />(b) extend the maturity or alter any of the terms of any <br />such obligations; <br />(c) grant other indulgences; <br />(d) release or re-convey or cause to be released or re- <br />conveyed at any time at Beneficiary's option, any parcel, portion or <br />all of the Property; <br />(e) take or release any other or additional security for <br />any obligation herein mentioned; or <br />(fj make compositions or other arrangements with <br />debtors in relation thereto. <br />19. Governing Law. This Deed of Trust shall be governed by the laws of the State of <br />Nebraska and, in the event any one or mare of the provisions contained in this Deed of Trust, or <br />the note or any other security instrument given in connection with this transaction shall be for <br />any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality <br />5 <br />