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337334 4 <br />201600847 <br />10. BENEFICIARY IN POSSESSION. Upon acceleration as described herein or <br />abandonment of the Property, Beneficiary (in person, by agent or by judicially appointed <br />receiver) shall be entitled to enter upon, take possession of and manage the Property and to <br />collect the rents of the Property including those past due. Any rents collected by Beneficiary or <br />receiver shall be applied first to payment of the costs of management of the Property and <br />collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds <br />and reasonable attorney's fees, and then to the sums secured by this Deed of Trust. <br />11. REMEDIES NOT EXCLUSIVE. Trustee and Beneficiary, and each of them, shall <br />be entitled to enforce payment and performance of any indebtedness or obligations secured <br />hereby and to exercise all rights and powers under this Deed of Trust or under any Loan <br />Instrument or other agreement or any laws now or hereafter in force notwithstanding some or all <br />of the such indebtedness and obligations secured hereby may now or hereafter be otherwise <br />secured, whether by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the <br />acceptance of this Deed of Trust nor its enforcement, whether by court action or pursuant to the <br />power of sale or other powers herein contained, shall prejudice or in any manner affect <br />Trustee's or Beneficiary's right to realize upon or enforce any other security now or hereafter <br />held by Trustee or Beneficiary, it being agreed that Trustee and Beneficiary, and each of them, <br />shall be entitled to enforce this Deed of Trust and any other security now or hereafter held by <br />Beneficiary or Trustee in such order and manner as they or either of them may in their absolute <br />discretion determine. No remedy herein conferred upon or reserved to Trustee or Beneficiary is <br />intended to be exclusive of any other remedy herein or by law provided or permitted, but each <br />shall be cumulative and shall be in addition to every other remedy given hereunder or now or <br />hereafter existing at law or in equity or by statute. Every power or remedy given by any of the <br />Trust Instruments to Trustee or Beneficiary, or to which either of them may be otherwise <br />entitled, may be exercised, concurrently or independently, from time to time and as often as <br />may be deemed expedient by Trustee or Beneficiary, and either of them may pursue <br />inconsistent remedies. Nothing herein shall be construed as prohibiting Beneficiary from <br />seeking a deficiency judgment against the Trustor to the extent such action is permitted by law. <br />12. GOVERNING LAW. This Deed of Trust shall be governed by the laws of the <br />State of Nebraska. This instrument cannot be waived, changed, discharged or terminated <br />orally, but only by an instrument in writing signed by the party against whom enforcement of any <br />waiver, change, discharge or termination is sought. <br />13. RECONVEYANCE. Upon payment of all sums secured by this Deed of Trust, <br />Trustee shall, without warranty and without charge, promptly reconvey the Property and shall <br />surrender this Deed of Trust and all notes evidencing debt secured by this Deed of Trust. <br />14. NOTICES. Any notice to Trustor provided for in this Deed of Trust shall be given <br />by delivering it personally or by mailing it by first class mail unless applicable law requires use of <br />another method. The notice shall be directed to the Trustor's address or any other address <br />Trustor designates by notice to Beneficiary. Any notice to Beneficiary shall be given by first <br />class mail to Beneficiary's address stated herein or any other address Beneficiary designates by <br />notice to Trustor. Any notice provided for in this Deed of Trust shall be deemed to have been <br />given to Trustor or Beneficiary when given as provided in this paragraph. <br />15. ACCEPTANCE BY TRUSTEE. Trustee accepts this Deed of Trust when this <br />Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. <br />16. WARRANTY OF TITLE. Trustor is lawfully seized and possessed of good and <br />indefeasible title and estate to the Property hereby conveyed and has the right to grant and <br />convey the Property; the Property is free and clear of all liens and encumbrances, other than <br />those, if any, communicated to Beneficiary; and Trustor will warrant and defend the title to the <br />Property against all claims and demands. <br />17. COMPLIANCE WITH LAWS. Trustor shall comply with all laws, ordinances, <br />regulations, covenants, conditions and restrictions affecting the Property and not commit, suffer <br />or permit any act to be done in or upon the Property in violation of any law, ordinance, <br />regulation, covenant, condition or restriction. Trustor shall complete or restore promptly and in <br />good workmanlike manner any building improvement or personal property constituting part of <br />the Property which may be damaged or destroyed and pay, when due, all claims for labor <br />performed and materials furnished therefor and for any alterations thereof. <br />18. ADDITIONAL LIENS AND PROTECTION OF BENEFICIARY'S SECURITY. <br />Trustor shall make all payments of interest and principal and payments of any other charges, <br />fees and expenses required to be paid by the terms of any prior or subsequent deed of trust or <br />mortgage before the date they are delinquent or in default, and promptly pay and discharge any <br />and all other liens, claims or charges which may jeopardize the security granted herein. If (a) <br />