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' DEED OF TRUST . Page � • g� � � .�.. �. (Continued) 98—' ��9 binding upon and inure fo the benefit of the parties,their successors and assigns. if ownership ot the Property becomes vested in a person other than Grantor,Lender,without notice to Grantor,may deal with Grentor'S successors with reference to this Deed of Trust and ihe Indebtedness by way of forbearance or extension without releasing Grantor irom the.obligations of this Deed of Trust or liability under the Indebtedness. Time Is of the Essence. Time is of the essence in the pertormance ot this Deed:of Trust. Walvers and Co�sents. Lender shall not be deemed to have waived any rights under this Deed of Trust (or under the Releted Documents) unless such waiver is in writin�and signed by Lender. No delay or omission on the part of Lender in exercising any right shall eperete as a waiver of such right or any other nght. A waiver by any parly of a provision of this Deed of Trust shall not cons6tute a waiver of or prejudice the part�s right otherwise to demand strict compliance with that provision or any other provision. No prior waiver by Lender, nor any coursa of dealing between Lender and Grantor, shall constitute a waiver of any of Lenders rights or any of Grantor's obligations as to any future transactions. Whenever consent by Lender is required in this Deed of Trust, the granting of such consent by Lender in any instance shall not constitute continuing consent to subsequent instances where such consent is required. Walver of Homestead Exemptlon. Grantor hereby releases and waives all rights and benefits of the homestead exemption laws of the State of Nebraska as to all Indebtedness secured by this Deed of Trust. EACH GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST,AND EACH GRANTOR AGREES TO ITS TERMS. GRANTOR: + X X Signed owledged and deUvered(n the presence of: X Gb �YL�W/rt/ w�t ss X Itness INDIVIDUAL ACKNOWLEDGMENT STATE OF NEBRASKA � HALL �� COUNTY OF ) On this dey before me,the undersigned Notary Public,personally appeared Randall J. & DoTOthy E. Phipps, husband ^^� ,i fa to me known to be the individual(s)described in and who executed the Deed of Trust,and acknowledged that they signed the Deed of Trust as their kee and voluntary act and deed,for the uses and purposes therein mentione Glven under my hand and ottictal seal this 6th of April �19 98 � o�-.-� Notary Publ 'n nd for the State Nebraska 6EN�lit NOTMY-St�4e Of Neb�1� Reslding at Hall Countv � IiAAAR�IAN SISSON My commission expires 11-09-01 My Comm.Exp.Nov.9,2001