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200111219 <br />BENEFICIARIES can cause Notice of Default to be given and the <br />premises be sold as provided herein. <br />H. As additional and collateral security for the loan, and <br />effective forthwith upon filing of a Notice of Default, this <br />instrument shall serve as an assignment by the TRUSTORS to <br />the TRUSTEE, of all rents and revenues resulting from the <br />property, and TRUSTEE is authorized to take possession of the <br />property, rent or lease the same on terms he deems best and <br />to collect the rents and revenues and apply the same upon <br />unpaid interest, principal, taxes or insurance premiums or <br />for maintenance and preservation of the premises. <br />I. The waiver by TRUSTEE or BENEFICIARIES of any default of <br />TRUSTORS under this Deed of Trust, on one occasion, shall not <br />be or be deemed to be a waiver of any other or similar <br />defaults subsequently occurring. <br />J. If title to any part of the property herein shall be taken in <br />condemnation proceedings, by right of eminent domain, or <br />similar action, or shall be sold under threat of <br />condemnation, all awards, damages and proceeds are hereby <br />assigned and shall be paid to the BENEFICIARIES, who shall <br />apply such payment, or any part thereof, in their sole <br />discretion, to the sum due at that time on this Deed of Trust <br />and Trust Deed Note, with any balance above the amount due <br />hereunder payable to the TRUSTORS. <br />K. The BENEFICIARES, their agents or representatives, are hereby <br />authorized to enter, at any reasonable time, upon any part of <br />the trust property for the purposes of inspecting the same <br />and for the purpose of performing any of the acts they are <br />authorized to perform under the terms of this Deed of Trust <br />and other accompanying documents. <br />L. This Deed of Trust and all accompanying documents are subject <br />to, constructed and governed by the laws of the State of <br />Nebraska for all purposes. <br />M. In the event any one or more of the provisions contained in <br />this Deed of Trust, Trust Deed Notes, or any other instrument <br />given in connection with this transaction, shall for any <br />reason be held to be invalid, illegal or unenforceable in any <br />respect, such invalidity, illegality, or unenforceability <br />shall, at the option of the BENEFICIARIES, not affect any <br />other provides of this Deed of Trust or Trust Deed Note, but <br />this Deed of Trust and Trust Deed Note shall be construed as <br />31 <br />