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201800853 <br />harmless Lender, its directors, officers, employees and agents, and any successors to Lender's <br />interest, from and against any and all claims, damages, losses and liabilities arising in connection <br />with the presence, use disposal or transport of any Hazardous Materials on, under, from or about <br />the Property. THE FOREGOING WARRANTIES AND REPRESENTATION, AND <br />BORROWER'S OBLIGATIONS PURSUANT TO THE FOREGOING INDEMNITY, SHALL <br />SURVIVE RECONVEYANCE OF THIS DEED OF TRUST. <br />7. Borrower shall not sell, transfer, assign, convey or further encumber all or any part of <br />or any interest in the Property hereinabove described, either voluntarily or involuntarily, without <br />the express prior written consent of Lender or as otherwise herein permitted, and in the event of <br />any such sale, transfer, assignment, conveyance or transfer in violation of this provision, Lender <br />shall have the option to declare all sums secured hereby immediately due and payable. <br />8. If Borrower fails to perform the covenants and agreements herein contained, Lender <br />may do and pay for whatever is necessary to protect the value of the property and Lender's rights <br />in the Property, including the paying of any sum secured by a lien which has priority over this <br />Deed of Trust, appearing in Court, paying reasonable attorney fees and entering the Property to <br />make repairs. Any amount disbursed by Lender under this paragraph shall become an additional <br />debt of Borrower secured by this Deed of Trust, to bear interest from the date of disbursement <br />and said amount, together with the then unpaid principal amount, shall bear interest at the highest <br />lawful rate until refunded by Borrower. <br />9. The proceeds of an condemnation award are hereby assigned and shall be paid to <br />Lender and shall be applied to the sum secured by this Deed of Trust, whether or not then due, <br />with any excess to be paid to Borrower. <br />10. Any extensions or modifications of the loan granted by Lender to any successor in <br />interest of Borrower shall not operate to release the liability of the original Borrower or <br />Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy <br />shall not be a waiver of or preclude the exercise of any right or remedy. <br />11. Any notice to Borrower provided for in this Deed of Trust shall be given by <br />delivering it or mailing it by first class mail unless Nebraska Law requires use of another method, <br />at the Borrower's last known address. <br />12. This Deed of Trust shall be governed by Nebraska Law. <br />13. Lender shall give notice to Borrower following Borrower's breach of any covenant or <br />agreement in this Deed of Trust and the Debt which it secures. The notice shall specify (a) the <br />default, (b) the action required to cure the default, (c) a date not less than ten (10) days from the <br />date the notice is given to Borrower by which the default must be cured, and (d) that failure to <br />cure the default on or before the date specified in the notice may result in acceleration of the sum <br />secured by this Deed of Trust and sale of the Property pursuant to the power of sale herein <br />granted. The notice shall further inform Borrower of the right to reinstate, after acceleration, and <br />the right to bring a court action to assert the nonexistence of a default or any other defense of <br />Borrower to acceleration and sale. If default is not cured, on or before the date specified in the <br />notice, Lender, at its option may require immediate payment in full of all sums secured by this <br />Deed of Trust without further demand and may invoke the power of sale and any other remedies <br />permitted by Nebraska Law. Lender shall be entitled to collect all expenses incurred in pursuing <br />the remedies provided in this paragraph or otherwise taken to protect its interest in collateral <br />described in this Deed of Trust or enforce any provisions hereof, including but not limited to <br />reasonable attorney fees and costs of title evidence. <br />14. If the power of sale is invoked, Trustee shall record a notice of default in each county <br />in which any part of the Property is located and shall mail copies of such notice in the manner <br />prescribed by Nebraska law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the highest bidder at the time and place and under the terms designated in the <br />notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone <br />sale of all or any parcel of the Property by public announcement at the time and place of any <br />previously scheduled sale. Lender or its designee may purchase the Property at any sale. <br />