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88- 10520t.1 compensation. awards, damages, rights or action and proceeds awarded to Trustor (the "Proceeds") are hereby assigned to Beneficiary and Trustor agrees to execute such further assignments of the Proceeds as Beneficiary or Trustee lIay require. 6. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, from tIme to tIme, by a written instrument executed and acknowledged by BenefIciary, maIled to Trustor and Recorded in the County in which the Trust Estate is located and by otherwise complyIng wIth the prnvlsions of the applIcable law of the State of Nebraska substitute a successor or successors to the Trustee named herein or actIng hereunder. 7. SUCCESSORS AND ASSIGNS. This Deed of Trust applIes to, inures to the benefit of and bInds all parties hereto, tbeir heirs, legatees, devicees, personal representatives, successors and assigns. The terms "Beneficiary. sball mean the owner and holder of the Note, wbether or no~ named as Beneficiary herein, 8. INSPECTIONS. Beneficiary, or its agents, representatives or workmen, are authorized to enter at any reasonable time upon or in any part of the Trust Estate for the purpose of inspecting the same and for the purpose of performing any of the acts it is authorized to perform under the terms of any of the Loan Instruments, 9. EVENTS OF DEFAULT. an event of default hereunder: Any of the following events shall be deemed la) Trustor shall have failed to make payment of any installment of interest, principal, or prinCipal and interest or any other sum secured hereby wben due; or (bl There has occurred a breach of or default under covenant, agreement, condition, prOV1Slon, representation or contained in any of the Loan Instruments. any term, warranty 10. ACCELERATION UPON DEFAULT. ADDITIONAL REMEDIES. Should an event of default occur Beneficiary may declare all indebtedness secured hereby to be due and payable and the same chall thereupon become due and payable witbout any presentment, demand, protest or notice of any kind, Thereafter BeneficIary may: II) EIther in person or by agent, with or without brIngIng any action or proceeding, or by a receiver appointed by a court and without regard to the adequacy of its security, enter upnn and take possessIon of the Trust Estate, or any part thereof, in its own name or in the name of Trustee, and do any acts whIch it deems necessary or desirable to preserve the value, marketability or reotability of the Trust Estate, or part thereof or interest therein, increase the income therefrom or protect the security hereof and, with or without taking possession of the Trust Estate, sue for or otherwise