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201602086 7. Inspection. Beneficiary may make an inspection of the Property by giving Trustor prior written notice. The notice shall specify a reasonable cause that shall be related to Beneficiary's interest in the Property. 8. Condemnation. If there is a condemnation or other taking of the Property or any part of the Property,the proceeds of any award or claim for damages are hereby assigned to Beneficiary and shall be paid to Beneficiary. If there is a total or partial taking of the Property,the proceeds shall be applied to the sums secured by this Deed,with any excess to be paid to Trustor. Unless agreed to by Trustor and Beneficiary,any proceeds applied to amounts secured by this Deed shall not extend,postpone,or change the amount of the monthly payments under Paragraph 1. 9. Waiver and Release. If Beneficiary,for the benefit of Trustor or Trustor's successor in interest,extends the time for the payments or modifies the payment schedule of the sums secured by this Deed, such extension or modification shall not operate to release Trustor or its successor in interest from the liability under this Deed. If Beneficiary does not or fails to exercise any right or remedy allowed under this Deed or allowed by the laws of the state of Nebraska,such failure shall not be a waiver of or prevent Beneficiary from exercising any such right or remedy. If Beneficiary procures insurance or takes other action to protect its security under this Deed,such action shall not be a waiver of or prevent Beneficiary from exercising its right to accelerate the maturity of the debt secure this Deed. All remedies provided for in this Deed are separate,distinct,and cumulative to any other right or remedy under this Deed or under the laws of equity. Such remedies may be exercised at the same time, separately,or successively. 10. Successors and Assigns. The covenants and agreements contained in this Deed shall apply to � �' aPP Y and bind Beneficiary,the Trustor,and their respective successors and assigns. The rights contained in this Deed shall inure to the benefit of Beneficiary,Trustor,and their respective successors and assigns, 11. Notice. Except for any notice required under applicable law to be given in another manner, any notice to the Trustor or Beneficiary shall be given by mailing such notice by certified mail to the Trustor or Beneficiary at the address listed in the first paragraph of this document. Beneficiary or Trustor may designate another address by providing notice according to this paragraph. 12. Severability and Governing Law. This Deed shall be governed by and construed under the laws of the state of Nebraska. In the event that any provision or clause of this Deed or the Promissory Note conflicts with applicable law,such conflict shall not affect any other provision of this Deed or the Promissory Note which can be given effect without the conflicting provision. The provisions of this Deed and the Promissory Note are severable. The captions and headings of the paragraphs of this Deed are for convenience only and are not to be used to interpret or define the provisions of this Deed. 13. Transfer of the Property and Assumption. If all or any part of the Property or an interest in the Property is sold or transferred by Trustor without Beneficiary's prior written consent,Beneficiary,at its option,may declare all sums secured by this Deed to be immediately due and payable. The creation of a lien or encumbrance subordinate to this Deed,the creation of a purchase money security interest for household appliances,the transfer by devise,descent,or by operation of law upon the death of a joint tenant,or the grant of any leasehold interest of three(3)years or less with no option to purchase,shall not be deemed a sale or transfer of the Property for purposes of this paragraph. In the event Beneficiary exercises its option to accelerate,Beneficiary shall provide written notice to the Trustor according to the provisions of Paragraph 11. The notice shall provide a period of not less than thirty (30)days from the date other notice was mailed within which the Trustor may pay the sums declared due. If 3