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200307371
<br />option to foreclose this Deed of Trust in the manner provided by law for the foreclosure of
<br />mortgages on real property.
<br />SIXTH: Trustor specifically agrees that (a) Trustor, at its expense, will execute and
<br />deliver to Beneficiary, promptly upon request, such security instruments as may be required by
<br />Beneficiary, in a form and substance satisfactory to Beneficiary, covering any of the Property
<br />conveyed by this Deed of Trust which security instruments shall be additional security for Trustor's
<br />faithful performance of all of the terms, covenants and conditions of this Deed of Trust, the Note
<br />and indebtedness secured hereby, and any other security instruments executed in connection with
<br />the indebtedness secured by this Deed of Trust; and all such instruments shall be filed and recorded
<br />at Trustor's expense; (b) Beneficiary may, from time to time, by written instrument executed and
<br />acknowledged by Beneficiary, mailed to Trustor and recorded in the county or counties in which the
<br />Property is located and by otherwise complying with the provisions of the applicable laws of the
<br />State of Nebraska, substitute a successor or successors to the Trustee named herein or acting
<br />hereunder; (c) although the Trustee, or his successor or successors, may be an agent of, or attorney
<br />for, or otherwise connected with the Beneficiary, such fact shall not be construed to disqualify him
<br />to act as such Trustee, nor shall such fact prevent the Trustee or Beneficiary from bidding at a sale
<br />and buying any part or all of the Property at any sale hereunder; (d) that if it should be necessary or
<br />appropriate for the protection of the security hereby conveyed or enforcement of the debt hereby
<br />secured, for the trustee or the Beneficiary to institute or become a party to any proceeding or suit in
<br />a court of bankruptcy or probate or other court of general or limited jurisdiction, all expenses ;and
<br />costs properly incurred by said Trustee or said Beneficiary '(including reasonable attorneys' fees)
<br />paid or incurred by said Trustee or Beneficiary in maintaining, prosecuting or defending such
<br />proceeding or protecting their respective rights hereunder shall be an additional debt secured by this
<br />Deed of Trust in like manner with the principal debt herein described; (e) Beneficiary, or its agents,
<br />representatives or workmen, are authorized to enter at any reasonable time upon or in any part of the
<br />Property for the purpose of inspecting the same and for the purpose of performing any of the acts it
<br />is authorized to perform under the terms of this Deed of Trust; (f) any forbearance by Beneficiary
<br />or Trustee in exercising any right or remedy hereunder, or otherwise afforded by applicable law,
<br />shall not be a waiver of or preclude the exercise of any such right or remedy hereunder; similarly,
<br />the waiver by Beneficiary or Trustee of any default of Trustor under this Deed of Trust shall not be
<br />deemed a waiver of any other or similar defaults subsequently occurring; (g) extension of the time
<br />for payment or modification or amortization of the sums secured by this Deed of Trust granted by
<br />Beneficiary to any successor in interest of Trustor shall not operate to release, in any manner the
<br />liability of the original Trustor and Trustor's successor in interest. Beneficiary shall not be required
<br />to commence proceedings against such successor or refuse to extend the time for payment or
<br />otherwise modify amortization of the sums and indebtedness secured by this Deed of Trust by
<br />reason of any demand made by the original Trustor and Trustor's successors in interest; (h) without
<br />affecting the liability of the Trustor or any other person liable for the payment of the obligations and
<br />indebtedness secured by this Deed of Trust, and without affecting the lien or charge of this Deed of
<br />Trust upon any portion of the Property not then or theretofore released as security for the full
<br />amount of all unpaid obligations, Beneficiary may, from time to time and without notice (i) release
<br />any person so liable, (ii) extend the maturity or alter any of the terms of any such obligation, (iii)
<br />grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time
<br />at Beneficiary's option any parcel, portion of or all of the Property, (v) take or release any other or
<br />additional security for any obligation or indebtedness herein mentioned, or (vi) make compositions
<br />or other arrangements with debtors in relation thereto; (i) in addition to the rights and powers given
<br />to the Trustee and Beneficiary herein, the Beneficiary shall have all such other rights both in law
<br />and equity for collection of the indebtedness secured hereby as it would have but for this Deed of
<br />Trust; 0) all covenants and agreements of Trustor set forth in this Deed of Trust shall be joint and
<br />several; (k) this Deed of Trust shall be governed by the laws of the State of Nebraska; (1) in the
<br />event any one or more of the provisions contained in this Deed of Trust, or the Note or any other
<br />security instrument given in connection with the indebtedness hereby secured shall for any reason
<br />be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality, or
<br />unenforceablility shall, at the option of Beneficiary, not affect any other provision of this Deed of
<br />Trust, but this Deed of Trust shall be construed as if such invalid, illegal, or unenforceable provision
<br />had never been contained herein or therein. If the lien of this Deed of Trust is invalid or
<br />unenforceable as to any part of the indebtedness hereby secured or evidenced by the Note, or if the
<br />lien is invalid or unenforceable as to any part of the Property, the unsecured or partially secured
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