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<br />by the Trustors, Beneficiary shall pay said costs at their sole discretion and the costs thereof shall
<br />be reimbursed in full by the Trustors.
<br />3. ACTIONS AFFECTING TRUST ESTATE. Trustors shall appear in and
<br />contest any action or proceeding purporting to affect the security hereof or the rights or powers
<br />of Beneficiary or Trustee, and shall pay all costs and expenses, including cost of evidence of title
<br />and attorney's fees, in any such action or proceeding in which Beneficiary or Trustee may
<br />appear. Should Trustors fail to make any payment or to do any act as and in the manner
<br />provided in any of the Loan Instruments, Beneficiary and or Trustee, each in its own discretion,
<br />without obligation, may make or do the same in such manner and to such extent as either may
<br />deem necessary to protect the security hereof. Trustors shall, immediately upon demand
<br />therefore by Beneficiary, pay all costs and expenses incurred by Beneficiary in connection with
<br />the exercise by Beneficiary of the foregoing rights, including, without limitation, costs of
<br />evidence of title, court costs, appraisals, surveys and attorney's fees. Any such costs and
<br />expenses not paid within ten (10) days of written demand shall draw interest at the default rate
<br />provided in the Note.
<br />4. EMINENT DOMAIN. Should the Trust Estate, or any part thereof or interest
<br />therein, be taken or damaged by reason of any public improvement or condemnation proceeding,
<br />or in any other manner including deed in lieu of Condemnation ( "Condemnation "), or should
<br />Trustors receive any notice or other information regarding such proceeding, Trustors shall give
<br />prompt written notice thereof to Beneficiary. Beneficiary shall be entitled to all compensation
<br />and condemnation awards and other payments or relief therefore, and shall be entitled to make
<br />any compromise or settlement in connection with such taking or damage. All such
<br />compensation and condemnation, awards, damages, rights of action and proceeds awarded to
<br />Trustors (the "Proceeds ") are hereby assigned to Beneficiary; and Trustors agree to execute such
<br />further assignments of the Proceeds as Beneficiary or Trustee may require.
<br />5. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, from time
<br />to time, by a written instrument executed and acknowledged by Beneficiary, mailed to Trustors
<br />and recorded in the County in which the Trust Estate is located and by otherwise complying with
<br />the provisions of the applicable law of the State of Nebraska, substitute a successor or successors
<br />to the Trustee named herein or acting hereunder.
<br />6. SUCCESSORS AND ASSIGNS. This Deed of Trust applies to, inures to the
<br />benefit of and binds all parties hereto, their heirs, legatees, devisees, personal representatives,
<br />successors and assigns. The term "Beneficiary" shall mean the owner and holder of the Note,
<br />whether or not named as Beneficiary herein.
<br />7. INSPECTIONS. Beneficiary, or its agents, representatives or workmen, are
<br />authorized to enter at any reasonable time upon or in any part of the Trust Estate for the purpose
<br />of inspecting the same and for the purpose of performing any of the acts it is authorized to
<br />perform under the terms of any of the Loan Instruments.
<br />8. EVENTS OF DEFAULT. Any of the following events shall be deemed an event
<br />of default hereunder:
<br />(a) Trustors shall have failed to make payment of any installment of interest,
<br />principal, or principal and interest or any other sum secured hereby when due; or,
<br />(b) There has occurred a breach or default under any term, covenant,
<br />agreement, condition, provision, representation, or warranty contained in any of
<br />the Loan Instruments.
<br />9. ACCELERATION UPON DEFAULT, ADDITIONAL REMEDIES. Should
<br />an event of default occur, Beneficiary shall give written notice to Trustors specifying the default,
<br />the action required to cure the default, a date not less than 60 days from the date of the notice by
<br />which the default must be cured, and that failure to cure the default on or before the specified
<br />date may result in acceleration of the entire sum secured by this Deed of Trust and resale of the
<br />property. Thereafter, the Beneficiary may:
<br />(a) Either in person or by agent, with or without bringing any action or
<br />proceeding, or by a receiver appointed by a Court and without regard to the
<br />adequacy of its security, enter upon and take possession of the Trust Estate, or
<br />any part thereof, in its own name or in the name of Trustee, and do any acts which
<br />it deems necessary or desirable to preserve the value, marketability or rentability
<br />of the Trust Estate, or part thereof or interest therein, increase the income
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