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<br /> � aithineten� (10)Vdayeaof c�vrittenydemand ohallydrawhintoreetnut the�default rato _
<br /> provided in tho Note. ' -.---
<br /> �1 g, M� z1�t�T �OM{�►IN. Should Zhe Tzuet Bata�e, or any part thexeof or ,
<br /> inCerest thoroin, bc takon or. d�maged by reaeori of. any public improvement or __
<br /> cAndemnation procoeding, or in any oCh�r mannex including deed in lieu of
<br /> Condemnation ("Condemnation") , or ehould Truetor receive any notica or othor � .`''�t"f=.�"-
<br /> inEormation rag�r.ding euch proceodiag, Ti-uetor sYiali givo prumpt written notice - ��� __.
<br /> thereof to Beneficiary. BeneEiciary ehall be entitled to all compeneation and � . ,�,;, .-
<br /> ' condemnation awardo and other paym�+r►ts or zelief thereLor, and ehall be entitled •� � ��'���-
<br /> :'?r�,_
<br /> to make any compromiee or settlement in connect3on with such taking or demage. , „ ,;,,_,_.,
<br /> A.11 auch compensation and condemnation, aa�arde, damagee, righte o£ aation rind . �-h==-: _
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<br /> proceede awarded to Truetor (the ��Proceede"1 are heroby aeeigned to Seneficisiy; .� � . ._
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<br /> and Txuator agreee to execute euch Further aseignmenCS of the Proceode ae .. ��,�,_,���=:.!
<br /> BeneficiAry or Truetee may require. '�`f='�-°-'=���_-�
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<br /> 6, AAAOjj�'PM$Dj'x' OF 4UCC8S3QR TRUSTRE. Beneficiary may, from time to time, -��--'�°'=-° "�
<br /> ,.: 1��;_°°,�-
<br /> �� by a written inetr�unent exeeuted and acknowledged by Benefici.asy, mai].ed ko ,x _
<br /> Truator and recorded in the County in which the Truet Sstate ie located and by �• °�-��—
<br /> otherwige camplying with the provieio�e of the applicable law of the State of ,,.'�;;�_-__
<br /> I Nebraska eubeT.itute a successor or succeaeora to the Trusteo namad herein or __-_
<br /> J acting hereunder.
<br /> � 7, Sy,IICCfiSSOR; AND A3SI�3NS• Thie Deed of Triist appiies to, inuree to the , ,�`�:'�'r'-�---_ -
<br /> bene£it of and binde all parties hereto, their heire, legateee, deviseea, �:�-i.:-� ��__
<br /> NF'.
<br /> personal representatives, succeseore and aesigne. The term "eeneficiazy" ehAll ...��,�� _�
<br /> mean the owner and holder of the Note, Whether or not named as Sene�ficiary '`R"°"--- -
<br /> herein. �� "`"
<br /> 8. IN3P8CT=ONS. Boneficiary, or ite agente, representativas or workmen, � :�==
<br /> are autkiorized to enter ut any reaeonable time upon or in any part �f the Truet '����
<br /> Estate for the purpoee of inepecting the same and for the purpose o£ performing + ��
<br /> • __ any of the acte it is authorized to perfozm under the terme of any of the Loan ;,...; �'
<br /> ------ — - '''"'�
<br /> ------ Instrwnent9. �...
<br /> g, BVENTS oF DFFAULT._ Any of the following evente shall be deemed an ?`:�,•
<br /> event of default hereunder: `r
<br /> (al Truetor shall have failed to make payment of any inetallment of `,�tiy
<br /> interest, principal, or principal and intereSt or any other eum eecured hereby .,;
<br /> ' when due; or, �
<br /> �e
<br /> (b) There has occurred a breach or dePault under any term, covenant, � �,
<br /> agreement, condition, provieion, repreeentation, or warranty contained in any o£ �j��
<br /> , �� Che Loan Instrumente. ,
<br /> '• �=._
<br /> 10. ACCELSRATSON UPON DSFAtJLT. ADD=TIONAL RSI�DISS. 5hould an event of ,.;w;` ' �..�;�,
<br /> dogault occur, Seneficiary may declare a11 indebtedness secured hereby to be due ' • =,�
<br /> and payable, and the eame ahall thereupon become due and payable without uny �,�.i "��
<br /> presentment, demand, protest, or notice of any kind. Thereafter the Beneficiary • �
<br /> maY� . ,✓; .1
<br /> (a) Either in poreon or by agent, with or without bringing any action or �
<br /> proceerling, or by a receiver appointed by a Court ar�d witliout regard to tho � '�
<br /> adequacy of its security, enter upon and take posaeasion of the Truet 8state, or ��
<br /> any part thereof, in ite own name or in ehe name of Trustee, and do any acte I �1�.,
<br /> which iC deeme neceaeary or deoirable to preserve the value, marketability or � " i;
<br /> � rentabi�ity of the Trust Rstate, or part theraof or interest therein, increaee �
<br /> the income therefrom or protect the eecurity hereo£, and with or without taking I
<br /> �� • poesesaion of ehe Trust 8state, sue for or otherwiBe colloct the renta, iseuee I
<br /> and proEita thereof, including those paat due and unpaid, and apply the same,
<br /> loos coets and expenses of operation and collection, including attorney's fees, ;
<br /> upan any indebtednese secured hereby, all in such order ae Beneficiazy may
<br /> detennine. The entoring upon and tal�ing poeseasion of the Truet Betate, the
<br /> collection of euch rente, issuee and profite and the application thereof ae
<br /> aforooaid, ehall not cure or waive any default or notice of default hereunder or
<br /> •• invalidate +uay act done in responso to such defau].t or pursuant to euch notice
<br /> • of default and, notvrithatanding the continuan.:e in poesession of the Trust Setate
<br /> or tho collection, receipt and application of rents, iosues or profite, Trustee
<br /> or Benefic?.ary shall be entitled to exerciee every right provided for in any of
<br /> the Loan Inetrumenta or by law upon occurrence of any event of default, including
<br /> the right to exorcise the power of sale;
<br /> - _ _ _ _
<br /> (b) Commence an action to foreclose thie Deed of Trust as a mortgage,
<br /> appoint a receiver, or apacificaily enf.orce any ot cne covenance nereoL; `
<br /> (c) Deliver to Trustee a �rritten declarntion of default and demand for
<br /> • eale, and a wr.itten notice of default aad election to cause Truetor�s intereet
<br /> in ehe Truet Fatate to be sold, which not3ce Txuetee ehall cauoe to be duly filed
<br /> ' � for record in the appropriate Official Recordd of the CounCy in �ahich the Trust
<br /> � ,� $state is l�cated.
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<br /> � 11. �'ORBCWSUR& BY POWBR OP SALB Should Beneficiary elect to foreclose
<br /> t by exerciee of the Power of Sale herein cantained, Seneficiary shall notify
<br /> � � Truetee and ehall depooit with Truetee this De�d of Trunt and the Note and such
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