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20000.2604
<br />post office address set forth herein. Upon the occurrence of any default hereunder, Beneficiary shall
<br />have the option to foreclose this Deed of Trust in the manner provided by law for the foreclosure of
<br />mortgages on real property.
<br />SIXTH: Trustor specifically agrees that (a) Trustor, at its expense, will execute and deliver
<br />to Beneficiary, promptly upon request, such security instruments as may be required by Beneficiary,
<br />in a form and substance satisfactory to Beneficiary, covering any of the Property conveyed by this
<br />Deed of Trust which security instruments shall be additional security for Trustor's faithful
<br />performance of all of the terms, covenants and conditions of this Deed of Trust, the Note and
<br />indebtedness secured hereby, and any other security instruments executed in connection with the
<br />indebtedness secured by this Deed of Trust; and all such instruments shall be filed and recorded at
<br />trustor's expense; (b) Beneficiary may, from time to time, by written instrument executed and
<br />acknowledged by Beneficiary, mailed to Trustor and recorded in the county or counties in which the
<br />Property is located and by otherwise complying with the provisions of the applicable laws of the
<br />State of Nebraska, substitute a successor or successors to the Trustee named herein or acting
<br />hereunder; (c) although the Trustee, or Trustee's successor or successors, may be an agent of, or
<br />attorney for, or otherwise connected with the Beneficiary, such fact shall not be construed to
<br />disqualify Trustee to act as such Trustee, nor shall such fact prevent the Trustee or Beneficiary from
<br />bidding at a sale and buying any part or all of the Property at any sale hereunder; (d) that if it should
<br />be necessary or appropriate for the protection of the security hereby conveyed or enforcement of the
<br />debt hereby secured, for the trustee or the Beneficiary to institute or become a party to any
<br />proceeding or suit in a court of bankruptcy or probate or other court of general or limited
<br />jurisdiction, all expenses and costs properly incurred by said Trustee or said Beneficiary (including
<br />reasonable attorney's fees) paid or incurred by such Trustee or Beneficiary in maintaining,
<br />prosecuting or defending such proceeding or protecting their respective rights hereunder shall be an
<br />additional debt secured by this Deed of Trust in like manner with the principal debt herein described;
<br />(e) Beneficiary, or its agents, representatives or workmen, are authorized to enter at any reasonable
<br />time upon or in any part of the Property for the purpose of inspecting the same and for the purpose
<br />of performing any of the acts it is authorized to perform under the terms of this Deed of Trust; (f)
<br />any forbearance by Beneficiary or Trustee in exercising any right or remedy hereunder, or otherwise
<br />afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or
<br />remedy hereunder; similarly, the waiver by Beneficiary or Trustee of any default of Trustor under
<br />this Deed of Trust shall not be deemed a waiver of any other or similar defaults subsequently
<br />occurring; (g) extension of the time for payment or modification or amortization of the sums secured
<br />by this Deed of Trust granted by Beneficiary to any successor in interest of Trustor shall not operate
<br />to release, in any manner the liability of the original Trustor and Trustor's successor in interest.
<br />Beneficiary shall not be required to commence proceedings against such successor or refuse to
<br />extend the time for payment or otherwise modify amortization of the sums and indebtedness secured
<br />by this Deed of Trust by reason of any demand made by the original trustor and trustor's successors
<br />in interest; (h) without affecting the liability of the trustor or any other person liable for the payment
<br />of the obligations and indebtedness secured by this Deed of Trust, and without affecting the lien or
<br />charge of this Deed of Trust upon any portion of the Property not then or theretofore released as
<br />security for the full amount of all unpaid obligations, Beneficiary may, from time to time and
<br />without notice (i) release any person so liable, (ii) extend the maturity or alter any of the terms of
<br />any such obligation, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released
<br />or reconveyed at any time at Beneficiary's option any parcel, portion or all of the Property, (v) take
<br />or release any other or additional security for any obligation or indebtedness herein mentioned, or
<br />(vi) make compositions or other arrangements with debtors in relation thereto; (1) in addition to the
<br />rights and powers given to the Trustee and Beneficiary herein, the Beneficiary shall have all such
<br />other rights both in law and equity for collection of the indebtedness secured hereby as it would have
<br />but for this Deed of Trust; 0) all covenants and agreements of Trustor set forth in this Deed of Trust
<br />shall be joint and several; (k) this Deed of Trust shall be governed by the laws of the State of
<br />Nebraska; (1) in the event anyone or more of the provisions contained in this Deed of Trust, or the
<br />Note or any other security instrument given in connection with the indebtedness hereby secured shall
<br />for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity,
<br />illegality, or unenforceability shall, at the option of Beneficiary, not affect any other provision of this
<br />Deed of Trust, but this Deed of Trust shall be construed as if such invalid, illegal, or unenforceable
<br />provision had never been contained herein or therein. If the lien of this Deed of Trust is invalid or
<br />unenforceable as to any part of the indebtedness hereby secured or evidenced by the Note, or if the
<br />lien is invalid or unenforceable as to any part of the Property, the unsecured or partially secured
<br />portion of such indebtedness shall be completely paid prior to the payment of the remaining and
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