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<br /> �' � • �`- ' � edged by Beneficiary, mailed to Truator and recorded in the - =�-
<br /> °'' � �` County in which the property is located and by otherwise comply- , '�° � .
<br /> : .,
<br /> -; � . ing with the provieiona of the applicable law of the State of Ne- . E ;�,� . .
<br /> `� ' braska, subatitute a succesaor or successors to the Trustee named . '� "4�
<br /> - . � ' ' hereiA or acti.ng hereunder. .. • � .
<br /> � ,
<br /> . � _ r���, 17. S���P�so s and Asaig�s. TY�is Deed of Treist applies to, , � � : •
<br /> � and inures to the benefit of, and binds all parties hereto, their . ,
<br /> ��"'-`- - - - heira, legatees, devisees, personal reprasentativss, succeseors ,�___
<br /> ; .,�-_�: .
<br /> . .� and assigns. The term "Beneficiary" shall mean the owner and `
<br /> . .. � ` holder of the note, whether or not named as Beneficiary herein. � � °�
<br /> - ��� -- 18. Bene i �a 'Q Powe�'s. Without a£fecting the liability � - � � �.
<br /> � � - � . of any other person liable for the payment of any obligation , _ , ''�-"
<br /> � herein mentioned, and without affecting the lien or charge of � � ''"���
<br /> ,.; :_,
<br /> ' � . .. ' � •- thia Deed af Trust upon any portion of the property not then or � �',;,cy ;;`
<br /> ' ' ` '� theretofore released as security for the full payment of all un- :` ;s�_•�_ `�
<br /> • � ' paid obligations. Beneficiary may, from time to time and without _ -
<br /> ''i., —
<br /> � notice: , --
<br /> , _ (a) release any persons so liable; . ',�
<br /> .;.�.``
<br /> (b) extend the maturity or alter any of � �t'�°_-
<br /> -� �- ��� �.� -- the terms of any such obligation; � ' ""`
<br /> . �
<br /> ��'' � : � ' ��`� (c) grant other indulg � �`��--=
<br /> ences; . �k- :.. -
<br /> � � • ����
<br /> �`` �� �� `� ` (d) release or re-convey or cause to be .., _�'-;�"°
<br /> �� .�.�,. � -
<br /> . releaeed or re-conveyed at any time at Bene- � ' �s�°--�°-
<br /> .., ficiary's option, any parcel, portion or all �`, ' __-_-_-
<br /> ' � . �. of the property; � . ----
<br /> � � (e? take or release any other addi- . _
<br /> � tional security for any obligation herein {�-=`
<br /> " � mentioneds or '�
<br /> ::f.�,
<br /> • � ��,::�i.
<br />_ ' .. .. - (f) make compositions or other arrange- _ .'�,,,:
<br /> " menta with debtors in relation thereto. -�`'���" ' -
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<br /> � 19. �-^��°•"n' 9 Law. This Deed of Truat shall be governed by ; ,,,t ,� •
<br /> � �� � the laws of the 3tate of Nebraeka and, in the event any one or . -�-�-
<br /> � • more of the proviaions contained in this Deed of Truet, oz� the _
<br /> �� � note or any other security instrument given in connection with __ ____
<br /> this transaction ahall be for any reason be held to be invalid, . , __._
<br /> ' , _ illegal or unenforceable in any respect, such invalidity, ille- `. �.�, :,., � ��_
<br /> ��.... :.:.. �...�
<br /> ' � gality or unenforceability sha11 not affect any other provieions . -
<br /> r• � of this Deed of Trust, but the Deed of Trust ehall be construed �, � �`.�';�.
<br />:'��` � � as if such invalid, illegal or enforceable provision had never � _
<br /> � � been contained herein or therein.
<br /> . , �,.. •
<br /> ' � ; 20. �'ffp^+ ^f rorbearanc�. Any forbearance by Beneficiary .
<br /> �• � � or Tzvstee in exercising any right or remedy hereunder, nr other-
<br /> • �� wise afforded by applicab�e law, ahall not be a waiver of or pre- � � ; •
<br /> � � clude the exercise of any such right or remedy hereunder. Like- ,� 't::;; . �
<br /> � wise, the waiver by Beneficiary or Trustee of any default of the � .
<br /> ' Truator under this Deed of Trust shall not be deemed to be a �
<br /> .. waiver of any other or similar default aubsequently occurring. �
<br /> � � 21. 1t -�en�eyance �y Tr�atee. Upon written request of the � . .. �„
<br /> � � Beneficiary stating that all sums secured hereby have been paid,
<br /> and upon aurrender of this Deed of Truat and the note to the �
<br /> � � Truatee for cancellation and retention and upon payment by Trus- , .. .
<br /> � tor of Trustee's fees, Trustee shall re-convey to Trustor, or the
<br /> � • � person or persons legally entitled thereto, without warranty, any :
<br /> � portion of the property then held hereunder. Reaitala in such
<br /> � re-conveyance of any mattera or facta ahall be conclusive proof .
<br /> � ' � of the truthfulness thereof. Grantees in the re-conveyance may �� . .
<br />' be deacribed as "the person or persons 2egally entitled thereto.
<br /> . 22. 8�,�,&tan�e �+Y Trt?etee. Truatee accepts this truat when ' .�
<br /> ' thia Deed of Trust, duly executed and acknowledged, is made a
<br /> � public record as provided by law. � � :
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