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state or other statute, law or regulation relating to
<br />bankruptcy, insolvency or other relief for debtors; or
<br />there shall be appointed any trustee, receiver or
<br />liquidator of Borrower or of all or any part of the
<br />Property, or the rents, issues or profits thereof, or
<br />Borrower shall make any general assignment for the
<br />benefit of creditors;
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<br />(e) The sale, transfer, assignment, convey-
<br />ance or further encumbrance of all or any part of or
<br />any interest in the Property, either voluntarily or
<br />involuntarily, without the express written consent of �. .
<br />Lender.
<br />11. Remedies; Acceleration Upon De_ fault. In the event 1
<br />of any Event .of Default, Lender may, without �xot�xotIce, except as
<br />required by lay.., declare all indebtedness secured hereby to Ise -
<br />due and payal2e and the same shall thereupon become due and
<br />payabla without any 1rreaentment, demand, protest or notice of any
<br />kind. Thereafter, Lender may:
<br />ka) Demand that Trustee exercise the POWER
<br />OF SALE granted herein, and Trustee shall thereafter
<br />cause Borrower's interest in. .the "7roperty to be sold
<br />and the proceeds to be dist,i1buted, all in the manner
<br />provided in the Nebraska Trust Act;
<br />(b) Exercise any and axll rights provided for
<br />In any of the Loan Instruments. cr by law upon occur -
<br />ran-ce of any Event of Default; and
<br />Cc) Commence an action to foreclose this
<br />Deed of Trust as a mortgage, apg©int a' receiver, or
<br />specifically enforce any of the covenants hereof.
<br />No remedy herein conferred upon. or reserved to Trustee or Lender — -
<br />is intended to be exclusive of any other remedy herein in the
<br />Lawn Instruments or by law provided or permitted, but each shall
<br />be cummulative, shall be in addition to every other remedy given
<br />hereunder in the Loan Instruments or now or hereafter existing at
<br />law or in equity or by statute, and may be exercised concur- -`
<br />rently, independently or successively.
<br />12. .'Trustee. The Trustee may resign at any time
<br />without cause, and Lender may at any time and without cause
<br />appoint a successor or substitute Trustee. Trustee shall not be
<br />liable to any party, including, without limitation, Lender,
<br />Borrower or any purchaser of the Property, for any loss or damage
<br />unless due to reckless or willful misconduct, and shall not he `
<br />required to take any ..action in connection with the enforcement of
<br />this Meed of Trust unless indemnified, in writing, for all costs,
<br />compensation or expenses which may be associated therewith. In
<br />addition-„ Trust -wee may become a purchaser at any sale of the
<br />Property Qjudi,cial or under the power of sale. granted herein);
<br />postpomc_ the sale of all or any portion of the Property, as
<br />provided by law; or,sell the Property as a whole, or in separate
<br />parcels or lots.
<br />13. Fees and Expenses. In the event Trustee- sells the
<br />Property by exercise of power of sale, Trustee shall lae entitled
<br />to ayply any sale proceeds first to payment of all costs and
<br />expenses of exercising power of sale, including all Trustee's
<br />fees actually. incurred. In the event Borrower exercises any
<br />right provided by law to cure an Event of Default, Lender shall
<br />be entitled to recover from Borrower all costs and expenses
<br />actually incurred as a result of Borrower's default, including,
<br />without limitation, all Trustee's and attorney's fees, in the
<br />maximum amount allowed by law. In addition, in the event of each
<br />such cure, Lender shall be entitled to a reinstatement fee of One
<br />Hundred and No /100 Dollars ($100.00).
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