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1 89- '100133 therefor, and shall be entitled at its +option to commmnce, appear in and prosecute in its own name any action or proceedings. Beneficiary shall also be entitled to 'Hake any compromise or settlement in connection with such taking' or damage. All such compensation, awards, damages, rights of action and proceeds awarded to Trustor (the "Proceeds ") are hereby assigned to Beneficiary and Trustor agrees to execute such further assignments of the Proceeds as Beneficiary or Trustee may require. 7. APPOIW. MENT OF SUCCESSOR TRUSTEE. Beneficiary may, from time to time, Sy a written instrument executed and acknowledged by Beneficiary, mailed to Trustor and recorded in the County in which the Trust Estate is located and by otherwise complying with the provisions of the applicable law of the State of Nebraska, substitute a successor or successors to the Trustee named herein or acting hereunder. 8. SUCCESSORS AND ASSIGNS. This Deed of Trust applies to, inures to a benefit o an rods all parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns... The term "Beneficiary" shall mean the owner and holder of the Obligations, whether or not named as Beneficiary herein. 9. INSPECTIONS. Beneficiary, or its agents, representatives or workmen., are authorized to enter at any reasonable time upon or in any part of the Trust Estate for the purpose of inspecting the same and for the purpose of performing any of the acts it is authorized to perform under the terms of any of the Loan Instruments. 10. EVENTS OF DEFAULT. Any of the following events shall be deemed an gVent of e au hereunder: (a) Trustor shall have failed to make payment of any sum secured hereby when due within ten (10) days of Trustor's receipt of a written notice of such non - payment from Beneficiary or Trustee; or Qbr) There has occurred a breach of or default on the s part of Trustor under any covenant or agreement contained in any''. of the Loan Instruments and such breach or default has not been cured within ten (i0) days of Trustor's receipt of a written = notice of such breach or default from Beneficiary or Trustee.. 11. ACCELERATION UPON DEFAULT ADDITIONAL REMEDIES. Should �- an event of e au occur, Beneficiary may declare indebtedness secured hereby to be due and payable and the same shall thereupon become due and payable without any presentment, demand, protest or notice of any kind. Thereafter Beneficiary may: (fie.) Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a