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202006578 <br />successors in interest. Any forbearance by Beneficiary in exercising any right or remedy shall <br />not be a waiver of or preclude the exercise of any right or remedy. <br />11. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN TRUSTOR. <br />If any or any part of the Property or any interest in it is sold or transferred (or if a beneficial <br />interest in Trustor is sold or transferred and Trustor is not a natural person) without Beneficiary's <br />prior written consent, Beneficiary may, at its option, require immediate payment in full of all <br />sums secured by this Security Instrument, however, this option shall not be exercised by <br />Beneficiary if exercise is prohibited by federal law as of the date of this Security Instrument. If <br />Beneficiary exercises this option, Beneficiary shall give Trustor notice of acceleration. The <br />notice shall provide a period of not less than 30 days from the date the notice is delivered or <br />mailed within which the Trustor must pay all sums secured by this Security Instrument. If <br />Trustor fails to pay these sums prior to the expiration of this period, Beneficiary may invoke any <br />remedies peliiutted by this Security Instrument without further notice or demand on Trustor. <br />12. EVENTS OF DEFAULT. Any of the following events shall be deemed an event of <br />default hereunder: <br />A. Trustor shall have failed to make payment of any installment of <br />interest, principal, or principal and interest or any other sum secured <br />hereby when due; or <br />B. There has occurred a breach of or default under any term, covenant, <br />agreement, condition, provision, representation or warranty contained in <br />any of the Loan Instruments. <br />13. ACCELERATION; REMEDIES. Beneficiary shall give notice by certified mail or <br />personal service by the Sheriff of Hall or Merrick County, Nebraska of default to Trustor prior to <br />acceleration following Trustor's breach of any covenant or agreement in this Trust Deed. The <br />notice shall specify: (a) the default; (b ) the action required to cure the default; (c) a date, not <br />less than 30 days from the date the notice is given to Trustor, by which the default must be cured; <br />and (d) that failure to cure the default on or before the date specified in the notice may result in <br />acceleration of the sums secured by this Security Instrument and sale of the Property. The notice <br />shall further inform Trustor of the right to reinstate after acceleration and the right to bring a <br />court action to assert the non-existence of a default or any other defense to Trustor to <br />acceleration and sale. If the default is not cured on or before the date specified in the notice, <br />Beneficiary, at its option, may require immediate payment in full of all sums secured by this <br />Security Instrument without further demand and may invoke the power of sale and any other <br />remedies permitted by applicable law. Trustor shall be entitled to collect all expenses incurred <br />in pursuing the remedies provided in this paragraph 13, including, but not limited to, reasonable <br />attorney's fees and costs of title evidence. If power of sale is invoked, Trustee shall record a <br />notice of default in each county in which any part of the Property is located and shall mail copies <br />of such notice in the manner prescribed by applicable law to Trustor and to the other persons <br />prescribed by applicable law. After the time required by applicable law, Trustee shall give <br />public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, <br />without demand on Trustor, shall sell the Property at public auction to the highest bidder at the <br />time and place and under the terms designated in the notice of sale in one or more parcels and in <br />any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />