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<br /> � expenses, incZuding cos� a� e�.r�dence of title and attorney's fees, in any such
<br /> � action or proceeding in whi�h Beneficiary ar Trustee may appear. Shauld
<br /> Trustor fail to make any payment or to do any act as and in the ma�ane�
<br /> provi�ed in any of the Loan Instruments, Beneficiary and/or Trustee, each in
<br /> its own discretion, withou� obligation, ma�r•�mat�.e or do the same in such manner
<br /> and to siich• extent as either m�y deem neces�3axy to protect tne security
<br /> ' hereof. °Prustor shall, ii►¢�ediately ugon demand therefor by Beneficiary, pay
<br /> � a1i costs and expenses incurred by Beneficiary in connection with the exercise
<br /> � . by Benefc�,��iary a£ the foregoing righLs, i.ncluding, without li..�nitation, costs � �
<br /> - .. of ev�:d�rts:e of t��le; cou..�-C�.costs, apprais�Is, surveys and a�tarney•s fees. ' �
<br /> -- , Any such cc�sts anu expenses�not paid within '�ert (10) days of written demand "
<br /> � shall dratv interest at the �efault rate provided in the Nots. � ��
<br /> _ 5. EMINENT DOMAIN. 3hould the Trust Estate, or any part thereof or
<br /> interest esein, be taken or damaged by� re$aon af any public improvement or
<br /> condemnation proceeding, or in any other cnanner including deed• in lieu. of
<br /> Condemnation ("Condemnation"), ar shuuld Trustor receiv� an�� �otice or other
<br /> - information regarding such procee�:ing, Trustor shail glve grornpt wxiCten
<br /> . notice thereof to�$eneficiary. E�n�ficiary shall be arititled to a�3. � : �
<br /> compensation awarda and othez paycrteats or relief therefor, and. shal.l be . �
<br /> entitl�d to make any compramiEe or �ettlement in connection with such taking � �
<br /> �. or damage. All such co�ngen�a�ion, awards, damages, rights af �ction and �
<br /> proceeds. ahtarded to Truster (the "Frcbceeds°� are hereby assfgrced to � �
<br /> Senefici�ry; and Trustor agr�es to �:�ecute such further assignmenta af the
<br /> Proceeds as Beneficiary ot �`xustee inay require. .
<br /> 6. RPFOII3TMENT OF SBCCESSOR TRUSTEE. Heneficiary may, ��om time to
<br /> � ti.me, by a written instrumen executed and acknowledged by H���iofary, mailed �
<br /> . to Trustor and rEC�rded in the Cotuitg in which the Tnzst Esfa�e is located and
<br /> by otherwise com.p.Lying with tha praa�fons of t�he a��L.icable 2�w of the State � , �
<br /> of Nebras;sa subst�t:�3te a successor �r succes�a��. ta t3:se Trusta� named herein .
<br /> or acting hereunder.
<br /> 7. S[ICCESSORS AND ASSIGNS. This Deec] of '?rust� �3pplies to, inures to ,�f." •.
<br /> the benefit of and n s a 1 parties hereto, their h��rs, legatees, devisees, '� � �,
<br /> � personal representatives, successors and assigns. The term "Beneficiary" �.` ' :"
<br /> shall mean the owner and holder of the Note, whether or not named as "-
<br /> Beneficiary herein. ,
<br /> 8. INSPECTI�i�S. Benefic�ary, or its agents, representatives ��
<br /> ` , , worlanen, are autY,cL:��ed to enter at any reasonable time upon or in an�,r. part of ``—
<br /> the Trustee Estat�� ��r the purpose of inspecting the same and for tl.ie purpose ;�
<br /> � � o£ performing any c� �iz� ac�:? it is authorized to perform under the terms of '
<br /> � any of the Loan In,����r�r,�•;.; •
<br /> ' � 9. EVENTS OF DEFA�JLi. Any of the following events shall be deemed an
<br /> event of defau t hereunder: , �',
<br /> � (a) Trustor shall have failed to make payment of any installment of � '�
<br /> , interest, principal, or principal and interest or any other sum secure8 hereby � '�''•s.
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<br /> when due; or, -
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<br /> � (b) There has occurr�d a breach of default under any te.r,n, cavenant,
<br /> • agreemento condition, provi��on, repres�ntation, or warranty contained in any
<br /> of the Ir.�az1 Instruments. �
<br /> • 10. �iCCELE.R�'P?ON UBr,t:t DEFALYi�i iiD�ITIONAL REMEDIES. Should an event of '
<br /> default ora��ar, Bere iciar�* �r�ay decla�:; all. indebtedness secured hereby to be
<br /> due and pa}�able, and the ��na shall thereup�� become c3ue and pa}�able without
<br /> � any presentment, dpmand, �r�test, or natice of any kind. Ther�cf.�ar the
<br /> Benefiaiary may:
<br /> . (a) Either in persdn or by agent, with or without bringing any action
<br /> or proceeding, or by a rer.c�iver appointed by a Court and without regard td the
<br /> � . adequacy of its security. e�:ter upon and take possession of the Trust Estate,
<br /> �r any part thereof, in its own name or in the name of Trustee, ancl do any
<br /> � �c�s whfch it dee�:� nrcessary or desirable ta preserve the value,
<br /> marketability or reiltr3bili.ty of the Trust �state, nr part thereof or interest ' - -
<br /> � therein, increase thrs Lncome there£rom ar protect the secuxity hereof, and �
<br /> � wfth or without takiiig possession of the Trust Estate, sue for or otherwise
<br /> collect the rents, fssues and profits ther�of, including those past due and
<br /> � �r►paic�, anci apply the s�rte, less costs and expenses of aperat�.an and � �
<br /> co2lection, inclu8ing attorney's fees, upan any fndebteaness sacured hereby,
<br /> � all in such order as Beneficiary may determine. The entering upon and taking
<br /> L possession of the Trust �st�t�, the collection of such rents, issues and
<br /> profits end the a�plicaLian thereof as aforesaid, shall not curp or w�aive any
<br /> � dof�u2t or notice of default hereunder or invalidate any act donE: in response �
<br /> to �uci� riefault rrr pursuunt to suCin riotice of deFault and, nota�ithst��nding rhe �
<br /> continuanae in �USSQS�ian o� the 'I'rust Cst�te or ttiN C011.EGt1UA, rccE�iF�t ruui
<br /> �pplir�-�tic7n of rents, issues c�r grc�fit�, 'j'rufitee or Hen?fic-ic�ry 5h�i; t,c� � ��
<br /> � entitled to t�sterc:isE� every right. pr�vidod tor ir► r�ny <y. thN t,cran Ins! curr.E�izt�. �- ='
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