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10. REMEDIES NOT EXCLUSIVE. Trustee and Beneficiary, and each of them, shall be entitled to enforce payment and performance of any <br />indebtedness or obligations secured hereby and to exercise all rights arrd powers under this Trust Deedor under anyother agreement executed <br />in connection herewith or any laws now or'rereafter in force. notwithstanding some or all of the such indebtedness and obligations secured <br />hereby may now or hereafter be otherwise secured, whether by mortgage, trust deed• pledge. lien, assignment or otherwise. Neither the <br />acceptanceolthisTrus: Deednoritsenforcementwhetherbycourt actionorpursuanttoth apowe of sale or other powers herein contained.suall <br />prejudice or in any manner affect Trusler:'s or Beneficiary's rightto realize upon or enforce any other security now or hereafter held by Trustee or <br />Beneficiary, it being agreed that Truster; and Beneficiary, and each of them, shall be entitled to enforce this Trust Deed and any other security now <br />or hereafter held by Beneficiary or T,ostee in such order and marrter as they or either of them may m their absolute Ciscretron determine. No <br />remedy herein conferred upon or resrrrved 1oTrustee or Beneficiary is inter.dedlobe exclusiveof any other remedy neminor by lair provided or <br />permsred. but each sl.all be cumula'A and shall be in addition rj every other remedy given hereunder cr now or hereafter existing at taw or in <br />equ ay or by statute ".very power or, emedy.provided under tins Trust Deed to Trustee or Beneficiary or to which either of them may be otherwise <br />entiried, may be exercised. concur envy or independently,;rorn time to time and as often as may be deemed expedient by Trustee or Benehaary <br />I and either of them ms.y pursue inconsistent remedies Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency <br />judgment agains! the Truster to the extent such action iS permrtte law. <br />1 1 TRANS.-ER OF THE PRO'?ERTY: ASSUMPTION. if all or any nart of tha Properly or rnlerest therein is sold, uransterred or otherwise <br />conveyed ey Trustor without Beneficiary's pricy writlen consent, e4cludmg (a) the creation of a lien or encumbrance suoord:nate to this Trust <br />Deed. ib) a transfer byoperalmr .of law upon the d att iofaTrnrstorwhoisajointtenantor( c) thegrantofanyteasehotdinterestofthree 13;yearsof <br />less which does not contain an option to purchase. such action is a breach of this agreement, and Beneficiary may, at Beneficiary's option, <br />declare all the sums secured b; this Trust Deed lobe immediately due and payable, provided, further, this Trust Deed may. at Beneficiary's option. <br />be declared immedt(;tely due a ;.d payable. if (1) Trusto is a partnership and any interest in the partnership is sold or assigned by any means <br />whatsoe rer, or (2) i! the T rusror is a corporation and at r ansfer of the majority stove ownership interest in the corporation occurs. or the Truslor <br />corporation merges in any fcim with another corporation or entity. Beneficiary shall have waived such option to accelerate if. prior to the sale. <br />transfer or conveyance, Beneficiary and the person to whom,he Properly rs to be sold or transferred reach agreement in writing that the Credo of <br />such person is sahs!dctory to Beneficiary and that the interest payable on :he sums secured by this Trust Deed shall be at such rate as Beneficiary <br />snal! request <br />12 ACCELERATION UPON DEFAULT; REMEDIES; SALE. The farturebylhe Trustor, to make any pay mentorto perform any of the termsand <br />conditions of this Trust Deed, or the terms and conditions of the Nole.;v any renewals. modificationsor extensions thereof, or the failure to make <br />payment of any other indebtedness. prior or subsequent to this Trust Deed, and secured by th:s properly. or the death of one or more Truslors shall <br />be a breach and default of this Trust Deed and the Beneficiary may declare a default and may declare all sums secured hereby immediately due <br />and payable and U,e same shall thereupon become due and payable without' iesentment, demand• protest or notice of any kind, provided. Trustor <br />shall have any statutory right to cure the default before any notice of default and demand for sale may be delivered to the Trustee Thereafter. <br />Ben.;! c,ary may deliver to Trustee a written declaration of default and demand for sale. Trustow agrees and hereby grants that the Trustee shat) <br />have the power of sale of the Properly and if Beneficiary decides the Property is to be sold it shall deposit with Trustee this Trust Deed and the Note <br />or notes and arty other documents evidencing expenditures secured hereby. and shalt deliver toTrvstee a written notice of default and election tc <br />cause the properly to be sold, and Truslee.,n turn, shall prepare a similar notice in the form required by law, which shall be duty f:led for record by <br />Trustee <br />ja) After the Iapse of such time as may be rea6ired bylaw follow,.:g the recordation of Notice of Default, and Notice of Default and Notice <br />of Sale having been given as required by law. Trustee, without demand on Trustor, shall sell the Property, if not redeemed, in one or <br />more parcels and to such order as Trustee may determine on the date and the time and place designated in said Notice of Sale. at <br />public auction according to law. <br />(b) When Truslee sells pursuant tottlepoAers herein. Trustee shall apply the proz eedsofthe sale to payment of the costs and expenses <br />of exercising the power of Sale and of the sale, including, without Ism ;tat.on, attorney s tees and the payment of Trustee s Fees <br />incur red. which Trustee's Fees shall not in the aggregate exceed the following amounts based upon the an ctur,t secured hereby and <br />remaining unpaid at the time scheduled for sale 5 percentum on the balance thereof. and then tothe items in subparagraph (c; in the <br />order there stated <br />(c) After paying the items specit.ed in subparagraph (b), if the sale is b r Trustee, or if the sale is pursuant to judicial toreclusure. the <br />proceeds of sale shall be applied to me following order <br />(1 ) Cost of any evict rce of title procured m connection with such safe and o' any revenue:Irar.sfer fee required to be pa.d. <br />(2) All obligations secured by this Trust Deed. <br />;3) Junior trust deeds, mortgages, or other penholders. <br />(s) The remainder, it any, to the person legally enlit!ed ;here:, <br />13 APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary mzy, from lime to time, by a written instrument executed and acknov.!edged by <br />Genohci :,ry, mailed to Trustor and recorded in the county or counties in which the Property is located and by otherwise cornplyi.n.g with the <br />provisions of Inc applicable laws of the State of Nebraska subst.tute a successor or successors to the Trustee earned herein or acting hereunder <br />14 INSPECTIONS. Beneficiary. or its agents, represenlalives or employees, are authorized to enter at any reasonable time upon or 'n any part <br />of the Pt( -pony lot the purpose of inspecting the same and for the purpose of performing any of the acts it -s authorized to perform under the terms <br />of the Trusl Deed <br />15 OPTION TO FORECLOSURE. Upon the occurrence ofanybreach and upon the declaration olde lau! thereunder. Beneficiary shall have the <br />ooaon to foreclose this Trust Deed in the manner provides by law for the foreclosure of mortgages on real property <br />16 FOREBEARANCE BY BENEFICiARY OR TRUSTEE NOT A WAIVER. Any torvocaranue by Bene!;ciary or Trustee in exercising any rigrit or <br />remedy hereunder. - Who rw;_:e atfor::ed by applicable law, shall hot be a waiver of or preclude:he exercise of any such r,g.: or reme; y L;&ewise . <br />the waiver by Jenehciary or Trustee of any default of Trustor under this Trust Deed shall not be deemed to be a waiver of any other or s,mAar <br />defaults subsequently occurring. <br />y . 7. BENEFICIARY'S POWERS. Without affecting or releasing the liai,driy of the Trustor or any other person liable for ,ne payment ot any <br />obligation herein mentioned, and without affecting the lien or charge of this Trust Deed upon any portion of the Property. Benel,c,ary may. from <br />time to time and without notice at the request of one or more Truslors, jr) ref ?ase any person liable. (n) extend or renew the maturity Or a!:01 a "y,f <br />Me terms of any such obligations. (m) grant other indulgences (iv) relea °_e or tecorvey. or cause to be released or recor�vye•- is <br />Beneficiary s option any parcel or all of the Property. (v) lake or release any other u: additional security for any obligation herein n,untwned. ; v„ <br />make settlements or other at with Trustor in relation thereto. All Trustors shall be jointly and severally obl,gared and bound by fire <br />actions of the Beneficiary or any one or more Trustor as staled to this paragraph <br />16 ATTORNEY FEES, COSTS AND EXPENSES. The Beneficiary of this 1 rust Deed is entitled to the payment of attorney S fees, costs aria <br />expenses as provided in this Trust Deed, except as otherwise prohibited oy law <br />i <br />19 RECONVEYANCE BY TRUSTEE. Upon written request of Beneficiary and upon payment by Trustor of Trustee s lees. Trus :ee shall <br />S reconvey to Trustor. or the person or persons legally entitled thereto. without warranty, any portion of the Properly then held hereunder Recitals.n <br />y such reconveyance of any mailers or facts shall be conclusive proof of the truthfulness thereof. The gtantee in any reconvevance may fie <br />dos,:nbed as the person or persons legally entitled thereto" <br />