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DEED OF TRUST 2 0 0 9 0 S'"tl 16 Page 7 <br />(Continued) <br />binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property becomes vested in a person other <br />than Grantor, Lender, without notice to Grantor, may deal with Grantors successors with reference to this Deed of Trust and the Indebtedness by <br />way of forbearance or extension without releasing Grantor from the obligations of this Deed of Trust or liability under the Indebtedness. <br />Time Is pf the Essence. Time is of the essence in the performance of this Dead of Trust. <br />Waivers and Consents. Lender shall not be deemed to have waived any rights under this Deed of Trust (or under the Related Documents) <br />unless such waiver is in writing and signed by Lander. No delay pr omission on the part pt Lender in exercising any right shall operate es a waiver <br />of such right or any other right. A waiver by any party of a provision of this Deed of Trust shall not constitute a waiver of or prejudice the party's <br />right otherwise to demand strict compliance with that provision or any other provision. No prior waiver by Lender, nor any Course of pasting <br />between Lander and Grantor, shall constitute a waiver of any of Lenders rights or any of Grantors obligations as to any future transactions. <br />Whenever consenl by Lander is required in this Deed of Trust, the granting of such consent by Lender in any instance shall not constitute <br />continuing consent to subsequent instances where such consent is required. <br />Waiver of Homestead Etcemptton. Grantor hereby releases and waives all rights and benefits of the homestead exemption laws of the State of <br />Nebraska as to all Indebtedness secured by this Deed of Trust. <br />EACH GRANTOR ACKNOWLEDGES WAVING READ ALL TWE PROVISIONS OF TWIS DEED DF TRUST, AND EACW GRANTOR AGRt~S Tp ITS <br />TERMS. <br />GRANTO . <br />X <br />n a pps <br />Signed,/acknowledged an~d¢de~l Bred in the presence of: <br />X ~(~ l/~O,~f-/~F/l/Lf~!`l~ <br />Hess g f~° <br />X (/ L_ <br />Witness <br />X ~'~~ <br />orot y ippsd <br />INDIVIDUAL AGKNgWLEDGMENT <br />STATE DF Nebraska <br />COUNTY OF Hall <br />ss <br />Dn this day before me, the undersigned Notary Public, personally appeared <br />Randall J. Phipps and Dorothy E. Phipps, Husband & Wife <br />to ma known to be the individual(s) described in and who executed the Deed of Trusi, and acknowledged that they signed the Deed of Trust as their <br />tree and voluntary aCt and deed, for the us8s and purposes therein mentioned. <br />Given under my hand and official seal this 6th day of October -2009 <br /> <br />GENERAL NOTARY - gate d NettrasKa <br />PAMEtA S. HANSEN <br />- My Comm, Exp. Oct,19, 2011 <br />ey G ~'1~ <br />Notary Public in and fornnthe__ State of Vim! <br />Residing at ~ l~ - <br />My commission expires /D-/ ~2V/~ <br />