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201008840 Ben�ficiary will be applied ta the indebtedness secured hereby; nr B�neficiary, at its optinn, may turn ov�r and deliver to Trustor(s) or their successors in interest, any or all of such sums withnut prejudice to any of Beneficiary's rights to take and retain future sums, and without prejudice to any nf its other rights under this Trust Deed. 7his assignment will be cpnstrued to be a pravisian fnr the payment or reduction af the debt, subj�ct ta the Beneficiary's optivn as hereinbefore provided, independent af the lien on the prop�:rty. Upon payment in full of th� d�bt and the reconveyance of this Trust Deed of record, this assignment will becpme inoperative and of no further fqrce and effect. 14. This Trust Deed constitutes a Security Agreement with respect to ali th� property described herein. 15. The covenants contained in this Trust De�d will be deemed ta be severable; in the event that any portion of this Trust Deed is determin�d to be void or unenforceable, that determination will not affect the validity of the remaining porkions af the Trust Deed. � � Marvin e/ty Alice M elty INDIVIqUAL BQRROWER ACKNOWLEDGM�NT STATE OF N�BRASKA ) )ss COUNTY OF HALL ) On this 19th day of Nov�mber, 2010 before me, a Notary Public, personally appeared Marvin G Welt , A/K/A Marvin Welt and Alice M Wel , A/K/A Alice Marie Welt , husband and wife to me known to b� the persan(s) named in and who execut�d the foregoing instrumc�nt, and acknowledged that they executed the same as their voluntary act and deed. (S �AL) ��- NOTARY • State ot Nebraaka �CHO ALCpRN Echo Alcorn Cumm E�tp. MBrch 21 2014 ��-yp� name under signature) My commission expires March 21, 2014 Notary Pubtic in and for said Caunty and State App #: 5037603; CIF #: 126602; Nnte #: 203 202�A Legal Doc, Date: November 19, 2010 FQRM 5011, Trust Deed and Assignment af Rents F'age 4