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202300161
<br />7. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiaries may, from time to time, by a
<br />written instrument executed and acknowledged by Beneficiaries, mailed to Trustor and recorded in the
<br />County in which the Trust Estate is located and by otherwise complying with the provisions of the
<br />applicable law of the State of Nebraska substitute a successor or successors to the Trustee named herein or
<br />acting hereunder.
<br />8. SUCCESSORS AND ASSIGNS. This Deed of Trust applies to, inures to the benefit of and
<br />binds all parties hereto, their heirs, legatees, devisees, personal representatives, successors and assigns. The
<br />term "Beneficiaries" shall mean the owners and holders of any of the Notes, whether or not named as one
<br />of the Beneficiaries herein.
<br />9. INSPECTIONS. Beneficiaries, or its agents, representatives or workmen, are authorized to
<br />enter at any reasonable time upon or in any part of the Trust Estate for the purpose of inspecting the same
<br />and for the purpose of performing any of the acts it is authorized to perform under the terms of any of the
<br />Loan Instruments.
<br />10. EVENTS OF DEFAULT. Any of the following events shall be deemed an event of default
<br />hereunder:
<br />(a) Trustor shall have failed to make payment of any installment of interest, principal, or principal
<br />and interest or any other sum secured hereby when due; or
<br />(b) There has occurred a breach of or default under any term, covenant, agreement, condition,
<br />provision, representation or warranty contained in any of the Loan Instruments.
<br />11. ACCELERATION UPON DEFAULT, ADDITIONAL REMEDIES. Should an event of
<br />default occur, Beneficiaries may declare all indebtedness secured hereby to be due and payable and the
<br />same shall thereupon become due and payable without any presentment, demand, protest or notice of any
<br />kind. Thereafter Beneficiaries may:
<br />(i) Either in person or by agent, with or without bringing any action or proceeding, or by
<br />a receiver appointed by a court and without regard to the adequacy of its security, enter
<br />upon and take possession of the Trust Estate, or any part thereof, in its own name or in the
<br />name of Trustee, and do any acts which it deems necessary or desirable to preserve the
<br />value, marketability or rentability of the Trust Estate, or part thereof or interest therein,
<br />increase the income therefrom or protect the security hereof and, with or without taking
<br />possession of the Trust Estate, sue for or otherwise collect the rents, issues and profits
<br />thereof, including those past due and unpaid, and apply the same, less costs and expenses
<br />of operation and collection including attorney fees, upon any indebtedness secured hereby,
<br />and in such order as Beneficiaries may determine. The entering upon and taking
<br />possession of the Trust Estate, the collection of such rents, issues and profits and the
<br />application thereof as aforesaid, shall not cure or waive any default or notice of default
<br />hereunder or invalidate any act done in response to such default or notice of default
<br />hereunder or invalidate any act done in response to such default or pursuant to such notice
<br />of default and, notwithstanding the continuance in possession of the Trust Estate or the
<br />collection, receipt and application of rents, issues or profits, Trustee or Beneficiaries shall
<br />be entitled to exercise every right provided for in any of the Loan Instruments or by law
<br />upon occurrence of any event of default, including the right to exercise the power of sale;
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