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20�10165� <br />hereafter come into existence, covering the property or any part thereof. All such sums so received by <br />Beneficiary will be applied to the indebtedness secured hereby; or Beneficiary, at its option, may turn <br />over and deliver to Trustor(s) or their successors in interest, any or all of such sums without prejudice to <br />any of Beneficiary's rights to take and retain future sums, and without prejudice to any of its other rights <br />under this Trust Deed. This assignment will be construed to be a provision for the payment or reduction <br />of the debt, subject to the Beneficiary's option as hereinbefore provided, independent of the lien on the <br />property. Upon payment in full of the debt and the reconveyance of this Trust Deed of record, this <br />assignment will become inoperative and of no further force and effect. <br />14. This Trust Deed constitutes a Security Agreement with respect to all the property described herein. <br />15. The covenants contained in this Trust Deed will be deemed to be severable; in the event that any <br />portion of this Trust Deed is determined to be void or unenforceable, that determination will not affect <br />the validity of the remaining portions of the Trust Deed. <br />� t <br />M ideo _ <br />�,_ I`�v�� ,�-� ` <br />Chad Gideon Kristi Gideon <br />INDIVIDUAL BORROWER ACKNOWLEDGMENT <br />STATE OF NEBRASKA ) <br />)ss <br />COUNTY OF HALL ) <br />On this %� day of March, 2011 before me, a Notary Public, personally appeared <br />Matt Gideon, a/k/a Matthew G Gideon, an unmarried person <br />to me known to be the person(s) named in and who executed the foregoing instrument, and <br />acknowledged that he executed the same as his voluntary act and deed. <br />( S EAL) �� GENERAL NOTARY - State of Nebraska �w �u-+.-�. ���1�-� <br />KATHERINES.SCHULTE Katherine S Schu�te <br />My Comm. Exp. May 23, 2013 (Type name under signature) <br />My commission expires May 23, 2013 Notary Public in and for said County and State <br />INDIVIDUAL BORROWER ACKNOWLEDGMENT <br />STATE OF NEBRASKA ) <br />)ss <br />COUNTY OF HALL ) <br />On this r� day of March, 2011 before me, a Notary Public, personally appeared <br />Chad Gideon, a/k/a Chad J Gideon, and Kristi Gideon, husband and wife <br />to me known to be the person(s) named in and who executed the foregoing instrument, and <br />acknowledged that they executed the same as their voluntary act and deed. <br />GENERAL N�TARY - State of Nebraska <br />(SEAL) Ilfl KATHERlNE S. SCHULTE � F � _ <br />• My Comm. Exp. May 23, 2013 Kath rine S Sch u te <br />(Type name under signature) <br />My commission expires May 23, 2013 Notary Public in and for said County and State <br />App #: 5065371; CIF #: 167451; Note #: 104 220KS Legal Doc. Date: March 1, 2011 <br />FORM 5011, Trust Deed and Assignment of Rents Page 4 <br />