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. . ' 200602516 aerve ~5 an a5si~nment by the TRUSTOR to the TRUSTEE, of a~l rents anQ revenues resulting from the property, and TRUSTEE is authorized to take possession of the property. rent or lease the same on terms he deems best and to collect the rents and revenues and apply the same upon unpald interest, principal, taxes or insurance premiums or for maintenance and preservation of the premises. 1. The waiver by TRUSTEE or BENEFICIARIES of any default of TRUSTORS under this Deed of Trust, on one occasion, shall not J:ie or J:ie deemed to J:ie a waiver of any other or similar defaults subsequ@lltly occurring. J. If title to any part of the property herein shall be taken in condemnation proceedings, J:iy right of eminent domain, or similar aotion. or shall be sold under threat of condemnation, all awards, damages and proceedS are hereby assigned and shall be paid to the BENEFICIARIES, who shall apply su~h payment, or any part thereof, in their ~ole discretion, to the sum due at that time on this Deed of Trust and Trust Deed Note, with any balance above the amount due hereunder payable to the TRUSTOR. K. The BENEFICIARIES, their agents or representatives, are hereJ:iy authorized to enter, at any reasonaJ:ile time, upon any part of the trust property for the purposes of inspecting the same and for the purpo:;;;e of performing any of the acts they are authorized to perform under the terms of this Deed of Trust and other accompanying document:;;;. L. This Deed of Trust and all accompanying documents are subject to, oonstructed and ~overned J:iy the laws of the State of Nebras~a for all purposes. M. In the event anyone or more of the proviaionll contained in this Deed of T;t"Ust, Trust Dsed Note, or any other instrument given in connection with this transaction, shall for any rsason be held to be inva.lid, illegal or unenforoeaJ:ile in any respect, such invalidity, illegality, or unenfor~eability shall, at the option of the BE~FICIARIES, not affect any other provisions of this Deed of Trust or Trust Deed Note, but this Deed of Trust and Trust Deed Note shall be construed as if such invalid, illegal or unenforceable provision had never besn contained therein. it being the intention of the parties that the provislons of this Deed of Trust ars declared to be severable. N. TRUSTOR h..reby waivelO her ri~ht to designatll' the property subject to this Deed of Trust a~ a homestead under Neh_ ReV. Stat. 940-101 (Reissue 1993). o. This Deed of Trust shall inure to and blnd the heirs, devisess, personal representatives, sucoessors and assigns of the parties hereto. The TRUSTOR requests that '" copy of any Notice of Default and of any Notloe of Sale hereunder J:ie mailed to her at the address herein set forth, or such other address "'s she may provide to the TRUSTEE and BENEFICIARIES. TRUSTOR acKnowledges that as TRUSTOR, she understands that the document she is executing herein is a Dee~ of Trust and not a mortga~e, and tha.t the power of lOals provided for in this Deed of Trust provides substantially different rights and ollligatlons than a mortgage and iu an event of default or breach of the obligations set forth herein, the TRUSTEE and the BE~FICIARIES may take such action as herein provided, including the exercise of the power of sale. EXECUTED the date first ahove written. ~'Ii. 'tI~ DEBO:RAK L. HARRING -4~