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200102018 <br />8. Inspection. Beneficiary or Beneficiary's agents may make reasonable entries on <br />the Property for purposes of inspection. <br />9. Forbearance Not Waiver. Failure by Beneficiary to exercise any right or remedy <br />available under this Trust Deed or the Promissory Note on any one default shall <br />not waive or preclude the exercise of any right or remedy on the event of any <br />subsequent default. <br />10. Eminent Domain. Should the Property or any part thereof or interest therein be <br />taken or damaged by reason of any taking by right or eminent domain, <br />condemnation proceeding, or in any other manner, including a deed in lieu of <br />condemnation, or should Trustors receive any notice or any other information <br />regarding such proceeding, Trustors shall give prompt written notice thereof to <br />Beneficiary. The parties shall reach mutual agreement as to the receipt of any <br />compensation, award, or other payments or relief granted with respect to exercise <br />of eminent domain, with any amounts which Beneficiary may receive to be <br />applied on the Promissory Note in the order described in paragraph 7 above. <br />11. Transfer of Propert y. Beneficiary enters into this agreement on responsibility of <br />Trustor. Should Trustor sell or encumber any part of the subject property or any <br />interest therein to any third party, or enter into an agreement to sell, encumber or <br />create an interest in a third person in the Property without the consent of <br />Beneficiary, other than the granting of a farm lease to a third party, or Trustor <br />permit any part of the property or any interest therein to become subject to a lien <br />of any kind without the consent of Beneficiary, Beneficiary, at Beneficiary's <br />option, can declare the entire indebtedness remaining due and unpaid secured <br />hereby immediately due and payable, and exercise any remedies available under <br />the provisions of this Trust Deed. This provision shall not apply to Trustor's grant <br />of a farm lease to a third party. <br />12. Assignment of Rents. As additional security, Trustor hereby assigns to <br />Beneficiary the rents of the Property, provided that Trustor shall, prior to <br />acceleration hereunder or abandonment of the Property, have the right to collect <br />and retain such rents as they become due and payable. On acceleration as <br />provided hereunder or Trustors' abandonment of the Property, Beneficiary, in <br />person or by agent or by a judicially appointed receiver, shall be entitled to enter <br />upon, take possession of and manage the Property and collect the rents and <br />products of the Property. All rents and products collected by Beneficiary or the <br />receiver shall be applied first to payment of costs of managing the Property and <br />collection of rents and products, including, but not limited to, receiver's fees, <br />premiums on receiver's and applicant's bonds, and, if allowed by law, reasonable <br />attorney's fees, and then to sums secured by this Trust Deed. <br />13. Successor Trustee. Beneficiary, at Beneficiary's option, may from time to time <br />appoint a successor Trustee by filing for record in the office of the County Clerk <br />of Hall County, Nebraska, a substitution of Trustee in the form provided by <br />Nebraska statutes. From the time the substitution is filed for record, the new <br />