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A <br />0200016'7 <br />of Trust, if said accounts are not paid by Trustor. In the event the Beneficiary takes <br />possession, it shall not be liable for failure to procure tenants or collect rents. Specifically, if <br />Trustor defaults, Trustor assigns and transfers to Beneficiary all of the right, title and interest <br />of the Trustor to the rents and profits that are unpaid and due on the date of default, or <br />which may become due after default, together with the authority to collect and enforce <br />payment of the rents and profits. <br />12. Transfer of Real Property. If the Trustor should, without written consent of the <br />Beneficiary, sell, transfer, encumber or alienate the real property or any part thereof, <br />whether voluntary or involuntarily, then the Beneficiary shall have the right to declare all <br />indebtedness and obligations secured by this Deed of Trust, immediately due and payable. <br />No secondary financing of any kind shall be allowed with respect to the real property without <br />written approval of the Beneficiary, provided such approval shall not be unreasonably <br />withheld. <br />13. Remedies Cumulative. All remedies provided in this Deed of Trust are distinct <br />and cumulative to any other right or remedy under this Deed of Trust or afforded by law or <br />equity and may be exercised concurrently, independently or successively. <br />14. Default and Remedies. As expressly agreed by Trustor, in the event of <br />Trustor's failure to comply with each and all of the conditions in this Deed of Trust or Note or <br />any other instruments affecting the loan secured hereby, time being of the essence, then <br />the full amount secured hereby shall become due and collectible at once and the whole <br />indebtedness shall bear interest at the highest legal rate not to exceed twenty (20) per cent. <br />The Beneficiary shall have the right to proceed to enforce the liquidation, which is secured <br />herein, by mortgage foreclosure or Trustee's Sale without further notice other than provided <br />by Nebraska law. The Trustor will have those remedies and only those remedies, available <br />under Nebraska law or specifically mentioned in this Deed of Trust. In the event default <br />occurs and Trustor has the right to and does elect to cure the default in accordance with the <br />Farm Homestead Protection Act, Trustor will pay Beneficiary reasonable attorneys fees (not <br />to exceed 1/2 of 1% of the principal balance then due) and a reinstatement of $100.00 for <br />each default so cured. <br />15. Method of Trustee Sale. If Trustee sale is elected, the Trustee, at the written <br />request of the Beneficiary, may sell the property in the manner provided in Section 76-1001 <br />through 76-1018 of the Nebraska Revised Statutes, including amendments, with such right <br />of postponement of sale as the Trustee shall deem best for the interest of all parties <br />concerned. The Trustee shall convey to the Purchaser in such sale the Trustee's title and all <br />right and title of the Trustor to the real property. The Purchaser shall be discharged of all <br />liability for the application of the purchase money once sent to the Trustee. The Trustee <br />shall apply the proceeds of the sale, first to the expenses of sale; then to all taxes and <br />assessments due; thence to all sums advanced by the Beneficiary as provided in this Deed <br />of Trust together with interest; thence a Trustee's commission of two percent of the gross <br />sale plus the Trustee's costs of reasonable attorney's fees and costs of title evidence; <br />thence to the payment of the indebtedness and obligations secured by this Deed of Trust <br />5 <br />