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<br />herein authorized, and the application thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or
<br />invalidate any act done pursuant to such notice.
<br />14. Trustee's Sale on Default: Upon default by Trustor in payment of any indebtedness secured hereby or in performance of any
<br />agreement hereunder, or any agreement secured hereby, Beneficiary may declare all sums secured hereby immediately due
<br />and payable and shall cause to be filed of record a written notice of default and election to sell such property. After the lapse of
<br />such time as then may be required by law following recordation of such notice of default, and notice of sale having been given
<br />as then required by law, Trustee, without demand on Trustor, shall sell such property, either as a whole or in separate parcels,
<br />and in such order as it or Beneficiary may determine at public auction to the highest bidder. Trustee may postpone the sale of
<br />all or any portion of such property by public announcement at the time and place of sale, and from time to time thereafter may
<br />postpone the sale by public announcement at the time and place fixed by the preceding postponement. Trustee shall deliver to
<br />said purchaser its deed conveying the property so sold, but without any covenant or warranty, express or implied. The recital
<br />in such deed of any matters of fact or otherwise shall be conclusive proof of the truthfulness thereof. Any person, including
<br />Trustor, Trustee or Beneficiary, may purchase at such sale. Trustee may also sell at any such sale and as part thereof any shares
<br />of corporate stock securing the obligation secured hereby, and Trustor waives demand and notice of such sale. (Beneficiary at
<br />its option may also foreclose on such shares by independent pledge sale, and Trustor waives demand and notice of such sale.)
<br />After deducting all costs, fees and expenses of Trustee, and of this Trust, including cost of evidence of title in connection with
<br />such sale, Trustee shall first apply the proceeds of sale to payment of all sums expended under the terms hereof, not then
<br />repaid, with accrued interest at the rate then payable under the note or notes secured hereby, and then to payment of all other
<br />sums secured hereby, and if thereafter there be any proceeds remaining, distribute them to the person or persons legally
<br />entitled thereto.
<br />If this Deed of Trust or any note secured hereby provides for any charge for prepayment of any indebtedness secured hereby,
<br />Trustor agrees to pay said charge, if any of said indebtedness shall be paid prior to the maturity date thereof stated in said note
<br />or this Deed of Trust, even if and notwithstanding Trustor shall have defaulted to payment thereof, or in performance of any
<br />agreement hereunder, and Beneficiary by reason thereof, shall have declared all sums secured hereby immediately due and
<br />payable.
<br />15. Substitution of Trustee. That Beneficiary may, from time to time, by instrument in writing, substitute a successor or
<br />successors to any Trustee named herein or acting hereunder, which instrument, executed and acknowledged by Beneficiary
<br />and recorded in the office of the register of deeds of the county or counties where such property is situated, shall be conclusive
<br />proof of proper substitution of such successor Trustee or Trustees, who shall, without conveyances from the Trustee
<br />predecessor, succeed to all its title, estate, rights, power and duties.
<br />16. No Waiver by Beneficiary: No waiver by Beneficiary of any right under this Deed of Trust shall be effective unless in writing.
<br />Waiver by Beneficiary of any right granted to Beneficiary under this Deed of Trust or any provision of this Deed of Trust as to
<br />any transaction or occurrences shall not be deemed a waiver as to any future transaction or occurrences. By accepting payment
<br />of any sum secured hereby after its due date, or by making any payment or performing any act on behalf of Trustor that
<br />Trustor was obligated hereunder, but failed, to make or perform, or by adding any payment so made by Beneficiary to the
<br />indebtedness secured hereby, Beneficiary does not waive its right to require prompt payment when due of all other sums so
<br />secured or to require prompt performance of all other acts required hereunder, or to declare a default for failure so to pay.
<br />17. Waiver of Statute of Limitations: Time is of the essence in all Trustor's obligations hereunder; and to the extent permitted by
<br />law, Trustor waives all present or future statutes of limitations with respect to any debt, demand or obligation secured hereby
<br />in any action or proceeding for the purpose of enforcing this Trust or any rights or remedies hereunder.
<br />18. Inspection and Business Records: Beneficiary at any time during the continuation of this trust may enter and inspect such
<br />property at any reasonable time. Trustor agrees that in the event such property is now or hereafter used for commercial or
<br />residential income purposes, when requested by Beneficiary, Trustor will promptly deliver to Beneficiary such certified
<br />financial statements and profit and loss statements of such types and at such intervals as may be required by Beneficiary which
<br />will be in form and content prepared according to the usual and acceptable accounting principles and practices, which
<br />statements shall cover the financial operations relating to such property and Trustor further agrees when requested by
<br />Beneficiary to promptly deliver in writing such further additional information as required by Beneficiary relating to any such
<br />financial statements.
<br />19. Acceleration Clause: Should Trustor, or any successor in interest of Trustor, voluntarily or involuntarily sell, exchange,
<br />convey, transfer, contract to sell, lease with option to purchase, sublease, dispose of, change the character or use of, or further
<br />encumber such property, or any part thereof, or any interest therein, or if any of said parties shall be divested of title to such
<br />real property or any part thereof or any interest therein either voluntarily or involuntarily, or if title to such property be
<br />subjected to any lien or charge voluntarily or involuntarily, contractual or statutory, without the written consent of Beneficiary
<br />being first had and obtained, then Beneficiary shall have the right, at its option, to declare all sums secured hereby forthwith
<br />due and payable; and this same right of acceleration shall be available to Beneficiary if the undersigned is a partnership and the
<br />interest of a general partner terminates, is assigned or transferred, or is diminished or if the undersigned is a corporation and
<br />any of the corporate stock is transferred, sold or assigned; or it the undersigned is a trustee or a trust and there is a change of
<br />any of the beneficial interest of the trust.
<br />20. Remedies: No remedy herein provided shall be exclusive of any other remedy herein or now or hereafter existing by law, but
<br />shall be cumulative. Every power or remedy hereby given to Trustee or to Beneficiary or to which either of them may be
<br />otherwise entitled, may be exercised from time to time and as often as may be deemed expedient by them, and either of them
<br />may pursue inconsistent remedies. If Beneficiary holds any additional security for any obligation secured hereby, it may
<br />enforce the sale thereof at its option, either before, contemporaneously with, or after the sale is made hereunder, and on any
<br />default of Trustor, Beneficiary may, at its option, offset against any indebtedness secured hereby, and the Beneficiary is hereby
<br />authorized and empowered at its option, without any obligation so to do, and without affecting the obligations hereof, to apply
<br />toward the payment of any indebtedness of the Trustor to the Beneficiary, any and all sums of money of Trustor which may
<br />have in its possession or under its control, including without limiting the generality of the foregoing any savings account,
<br />deposit, investment certificate, escrow or trust funds.
<br />21. Law Applicable: That this Deed of Trust shall be construed according of the laws of the State of Nebraska.
<br />22. Illegality: In the event that any provision or clause of this Deed of Trust conflicts with applicable law, such conflict shall not
<br />affect other provisions of this Deed of Trust which can be given effect without the conflicting provision, and to this end the
<br />provisions of this Deed of Trust are declared to be severable.
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