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98- 1��sss <br /> draw interest at the default rate provided in the Note. Trustor <br /> shall not use or allow use of the Trust Esta�e for any unlawful <br /> purpose. Trustor agrees not to sell, transfer, lease, or further <br /> encumber the Trust Estate in any way without prior wrftten approval <br /> of Beneficiary. <br /> 5 . EMINENT DOM�IN. Should the Trust Estate, or any part thereof <br /> or interest therein, be taken or damaged bg reason of any public <br /> improvement or condemnation proceeding, or in any other manner <br /> including deed in lieu of condemnation ( "Condemnation" ) , or should <br /> Trustor receive any notice or other information regarding such <br /> proceeding, Trustor shall give prompt written notice thereof to <br /> Beneficiary. Beneficiary sha21 be entitled to all compensation, <br /> awards, and other payments or relief therefqr, and shall be <br /> entitled at its option to commence, appear in and prosecute in its <br /> own name any action or proceedings. Beneficiary shall also be <br /> entitled to make any compromise or settlement in connection with <br /> such taking or damage. All such compensation, awards, damages, <br /> rights of action, and proceeds awarded to Trustor (the "Proceeds" ) <br /> are hereby assigned to Beneficiary and Trustor agrees to execute <br /> such further assignments of the proceeds as Beneficiary or Trustee <br /> may require. j <br /> 6. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, from time <br /> to time, by a written instrument executed and acknowledged by <br /> Benefiaiary, mailed to Trustor and recorded in the County in which <br /> the Trust Estate is located and by otherwise complying with the <br /> provisions of the applicable law of the 5tate of Nebraska, <br /> substitute a successor or successors to the Trustee named herein or <br /> acting hereunder. <br /> 7. SUCCESSORS AND ASSIGNS. This Deed of Trust applies to, inures <br /> to the benefit of, and binds ail parties hereto, their heirs , <br /> legatees, devisees, personal representatives, successors and <br /> assigns. The term "Beneficiary" shall mean the owner and holder of <br /> the Note, whether or not named as Beneficiary herein. <br /> 8. INSPECTIONS. Beneficiary, or his agents, representatives or <br /> workmen, are autharized to enter at any reasonable time upon or in <br /> any part of the Trust Estate for the purpose of inspecting the same <br /> and for the purpose of performing any of the acts it is authorized <br /> to perform under the terms of any of the Loan Ynstruments. <br /> 9. EVENTS OF DEFAULT. Any of the following events shall be deemed <br /> an event of default hereunder: <br /> a. Trustor shall have failed to make payment of any <br /> installment of interest, principal, or principal and interest or <br /> any other sum secured hereby when due; or <br /> b. There has occurred a breach of or default under any <br /> term, covenant, agreement, condition, provision, representation or <br /> 3 <br />