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"00110036 <br />6. FUTURE ADVANCES. Upon request of Trustor, <br />Beneficiary, at Beneficiary's option, prior to reconveyance of the <br />Property to Trustor may make future advances to Trustor. Such <br />future advances, with interest thereon, shall be secured by this <br />Deed of Trust when evidenced by promissory notes stating that said <br />notes are secured hereby. <br />7. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, <br />from time to time, by, a written instrument executed and <br />acknowledged by Beneficiary, mailed to Trustor and Recorded in the <br />County in which the Trust Estate is located and by otherwise <br />complying with the provisions of the applicable law of the State of <br />Nebraska substitute a successor or successors to the Trustee named <br />herein or acting hereunder. <br />8. SUCCESSORS AND ASSIGNS. This Deed of Trust applies <br />to, inures to the benefit of and binds all parties hereto, their <br />heirs, legatees, divorcees, personal representatives, successors <br />and assigns. The term "Beneficiary" shall mean the owner and <br />holder of the Note, whether or not named as Beneficiary herein. <br />9. INSPECTIONS. Beneficiary, or its agents may make <br />reasonable entries upon and inspections of the Property. <br />Beneficiary shall give Trustor notice at the time of or prior to an <br />inspection specifying reasonable cause for the inspection. <br />10. TRUSTOR NOT RELEASED; FORBEARANCE BY BENEFICIARY NOT <br />A WAIVER. Extension of the time for payment or modification of <br />amortization of the sums secured by this Security Instrument <br />granted by Beneficiary to any successor in interest of Trustor <br />shall not operate to release the liability of the original Trustor <br />or Trustor's successors in interest. Beneficiary shall not be <br />required to commence proceedings against any successor in interest <br />or refuse to extend time for payment or otherwise modify <br />amortization of the sums secured by this Trustor's successors in <br />interest. Any forbearance by Beneficiary in exercising any right <br />or remedy shall not be a waiver of or preclude the exercise of any <br />right or remedy. <br />11. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN <br />TRUSTOR. If all or any part of the Property or any interest in <br />it is sold or transferred (or if a beneficial interest in Trustor <br />is sold or transferred and Trustor is not a natural person) without <br />Beneficiary's prior written consent, Beneficiary may, at its <br />option, require immediate payment in full of all sums secured by <br />this Security Instrument, however, this option shall not be <br />exercised by Beneficiary if exercise is prohibited by federal law <br />as of the date of this Security Instrument. If Beneficiary <br />exercises this option, Beneficiary shall give Trustor notice of <br />acceleration. The notice shall provide a period of not less than <br />30 days from the date the notice is delivered or mailed within <br />which the Trustor must pay all sums secured by this Security <br />Instrument. If Trustor fails to pay these sums prior to the <br />expiration of this period, Beneficiary may invoke any remedies <br />permitted by this Security Instrument without further notice or <br />demand on Trustor. <br />12. EVENTS OF DEFAULT. Any of the following events <br />shall be deemed an event of default hereunder: <br />a. Trustor shall have failed to make payment of <br />any installment of interest, principal, or principal and interest <br />or any other sum secured hereby when due; or <br />b. There has occurred a breach of or default under <br />any term, covenant, agreement, condition, provisions, <br />representation or warranty contained in any of the Loan <br />Instruments. <br />13. ACCELERATION; REMEDIES. Beneficiary shall give <br />notice of default to Trustor prior to acceleration following <br />Trustor's breach of any covenant or agreement in this Trust Deed in <br />I I <br />