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<br /> 4. ACTIONS �I�F�CTING TRiJST ESTA�"E. Trustvr shs�ll . app�ar in and cantes� a�y
<br /> action ar praceeding purportir�g to aff�ct the ����arity hereof �r the rights or powers
<br /> af F3eneficiary ar Trustee, end sha1i pay �11 casts and exper�s�s, including cost of
<br /> evtdence of title and attarney's fees, in a�y such action or prfleeeding in whi�h
<br /> B�n�flcidry ar Trustee may �ppear. Shauld Trustor fail to make any paym�nt vr to do
<br /> any act as a�nd in the n�anrrer provided �n any di the Loan Instruments, Beneficiary
<br /> an�/�r Trust�e, each in fts own discwetian, withaut abtigation so to do and withvut
<br /> notice to �r d�nd u��n Trustor and withaut releasing Trustor frnm any obligatian,
<br /> n�ay make a�^ da the san� in such manner and to such ext�nt as eltheM may d�em necessary
<br /> to pratect the �ecurity hereof. Trustar sh�ll� im�diately upon �demand therefor by
<br /> Deneficiary, pay all casts and expenses irrcurred by Benef�ciary i� connection with the
<br /> exe�rt�se b,� 8eneficfery o� the fvregol�g rl�hts, in�luding without limitation co��� of
<br /> �vidence vf title, cpurt co�ts, apprais�ls* surv�y$ �nd attorn�y'$ fees. Any such
<br /> coa�s end expenses not p�1d ►aithtn ten (10' days �f wrlt�en demand sha�l draw int�rest
<br /> at th� defau1t rat� pr�vi�ed i� the N�te.
<br /> 5. EMI�ENT t�MiAiN. Should the 1'rust Lstate, or any part thereof ar interest
<br /> there�n, be taken ar damaqed by rea�son af any pubTic impravement or condemnatfon
<br /> proceeding, or in any other menner inciading deed in iieu af cand�mnation
<br /> (°Gand�mnation"�, ar �hould Trustar r��eive any nptic� or other information regarding
<br /> sueh prvice�ding� Trust�r shall give prampt wrix��n notice thereof ta Beneficiary,
<br /> �eneftcf�ry �hail b� ent3tl+ed tv all �omp�nsatian, awards and other payments or r�lief
<br /> therefor� �rid shatl be �ntitl�d a�t its optian to caimerce, appear in and prosecute 1n
<br /> its own n�me any action ar proceed9ngs. B�neficiary shall also be entitled ta make
<br /> �r�r eQmprQmj�e �r se�tlement ir� �annection wiCh suth taking ar damage. All �uch
<br /> com�e�satior►� awards; damag�sw r��#�t5 of aeti�n and procee�s awarded ta Tru�tvr (the
<br /> "Rrace�ds"� dre h�reby �ssigned ta Be�nefiCiary dnd Trustor agrees ta execute such
<br /> furth�r assigrnn�nts of the Prv�e�ds as 8enef9ciary er Trustee may require.
<br /> G. APPtIIN7M�NT UF 5tl�GESS�R T�11��'��. �enefici�ry �ay, frvm time ta tir�e, �y a
<br /> wr�tten instru�nt executed and acicnowied�ed by Beneficiary, mailed ta Trustor and
<br /> Record�d �n the County 9n wh��h the firust Estate is lacated and by ath�rwise canplying
<br /> with the provisions of the applicabl� l�w of the S�ate �f N�bra�ka �ub�tftute a
<br /> �u�GesSOr vr suGCessors to the Trust�� n�med t�erein or acting h�reunder.
<br /> �'. SIIGCESSDRS AND ASSIGNS. This Oe�d a� Trust appii�s t�, insure5 t� th+�
<br /> benefit of an� bind� ell parties her�to, �he�r h�irst t�gate�s, devices, p�rsonal
<br /> re�resentatives, �ucc�ssors and assigns. The t�rm "Benefi��ary" �ha11 m�an the owner
<br /> dnd ht►lder t�f the Nt�t�, �heth�� �r nvt named as 8eneficiary herein.
<br /> 8. iWSPECTIQNS. 8�n�fic�ary, c►r its agent�, representative5 or employees, are
<br /> authorized t� �nt�r at �ny r�asQnable tfine ���n or in �ny p�rt of th� Trust Es�ate for
<br /> the pUrpr��� af i fl��e�ting the s�in� �nd f�r the purpose of performi ng any af the a�ts
<br /> �t is at�thoriaed to p�rfarm under the terms v�' any �f th� loan Instruments.
<br /> �. �V£NTS [1F �EFAt1LT. Any o� the foliawing events shall be deemed an �v�nt d�
<br /> d�f��lt hereun�er:
<br /> (1} Tr�star �hail have failed ta make payment of ar�y lnstallment af
<br /> �ntet��t, prii�cipal , �r princfpai and interest of any ather sum secured hereby when
<br /> du�; t�r
<br /> {f i j Th��� has �ccurred a hrea�i� bf ur �.;5?faul t under �ny term, ce�ve-
<br /> nant, agreemant, c�nditi�n3 pravfsian, representatior► �< warranty conta�ined in ar�y nf
<br /> th� L�an Irrstrun�rtts�
<br /> 7.�. ACCEi.�RATIUN UP�� ��FAUL7`, ADDITIQNAl, REMEDI�S. 5hould an �ver�t r�� �e�'ault
<br /> t���ur Benefi�iary m�y decl�re a?1 ind�btedness SeCUred herehy to k�e dtte �rtd payabl�
<br /> at�d the �att� sh�ll thereuport become due and pay�ble w�thvut �ny pr�s�ntment, demand,
<br /> prat��t or notice af any k�nd. Therediter Beneficiary m�y;
<br /> �i) E1th�r in person or by agent, with ar with�ut brin�in� �rny actian
<br /> or proc�eding, or by a receiver appoint��l by a court and without r��ard to the ade-
<br /> qU�Cy Of 1t5 5�curit,y, enter upan and tak� p055��5�t�tt pf th� T�'us� �5te�fie� or any part
<br /> thereof, in its awn name or in the name of Tr�uste�, anr� d� any a�t� wh��h it deems
<br /> nece�sary or desirable to pres�rve the valu�, marke�a�ilicy or r�ntabitity af the
<br /> Trust €8t�te, vr part �thereof ar interes� therein, incr��$e th� in�c��ie ther�from or
<br /> protect the sec�rity h�reaf and, � with or w+ith�t�t ��king po55e5Sion af the Tr��t
<br /> Estate, sue for or otherwi5� callect the rents. is�t�e� and profits thereaf, includ3ng
<br /> thos� pa�t due and unpaid. and apply th� same, l�s$ ���ts artd ��p��t��� of r�peratian
<br /> and catl�ftic�n includ�ng attorr�ey�' f�e5� upon any indebtedness secur�d h�r�by, a�i in
<br /> �uc� �r��r a� �eneflciary m�y d���rmine. The ent�ring up�n �t1d t�kin� po5s�S5i�� of
<br /> th� �rus� Esta�e, th� cvlle�t��n �f s�z�ti rents, i��ues and prnfi�� and the application
<br /> thet���f a� afore��id� �ha11 n�� cur� �r w�1ve �ny de€aul�t and, notwithstanding the
<br /> �a�t�nuance in pvss�s5l�n �� the Trv�t Estate or th� Cvllectian, receipt an�! appl��a-
<br /> ���n v� r�n��, ���u�s �r �r�flts. Trustee ar Benefici�ry shall b� ent�tled to exer-
<br /> cise �very right �r�vided for in any of th� Ln�n In�trum�nt� �r by Law upern occurrence
<br /> of any ev�r�t qf default. inclu�ding the rigi�� ta �x�r��se the p�wer �f 5ale:
<br /> (i i j Gc�r�m�nte �n �ction t� for�clt�s� this Deed of '3ru5t d5 a m�rtgage,
<br /> appo4nt a r���iver, �ar s�e�ffi��li� $n�vr�e any �f the covenants hereni;
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