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200707656 (b) A breach of or default under any of the terms of the Note, or this Trust Deed; (c) A writ of execution or attachment or any similar process shall be entered against Trustor which shall become a lien on the Property; (d) There shall be filed by or against Trustor any action under any present or future federal, state or other statute, law or regulation relating to bankruptcy, insolvency, or other relief for debtors; or there shall be appointed any trustee, receiver, or liquidator of Trustor or of all or any part of the Property, or the rents, issues or profits thereof, or Trustor shall make any general assignment for the benefit of creditors; and (e) The sale, transfer, assignment, or encumbrance of all or any part of the Property, either voluntarily or involuntarily, without the express written consent of Beneficiary. 9. Remedies, Acceleration Upon Default. Should an event of default occur and not be cured within the time specified herein, in the Note, then the Beneficiary, at their option, may declare all indebtedness secured hereby to be due and payable. Thereafter Beneficiary may: (a) Elect to foreclose upon the Property by POWER OF SALE granted herein, and Trustee shall thereafter cause Trustor's interest, if any, in the Property to be sold and the proceeds to be distributed in the manner provided in the Nebraska Trust Deeds Act; or (b) Commence an action to foreclose this Trust Deed as a mortgage, appoint a receiver, or specifically enforce any of the covenants hereof. No remedy herein conferred upon or reserved to Trustee or Beneficiary is intended to be exclusive of any other remedy herein or by law provided or permitted, but each shall be cumulative and shall be in addition to ever other remedy given hereunder or now or hereafter existing at law or in equity or by statute, and may be exercised concurrently, independently or successively. 10. Appointment of Successor Trustee. The Trustee may resign at any time without cause, and Beneficiary may, from time to time, by written instrument executed and acknowledged by Beneficiary mailed to the Trustor and recorded in Custer County, Nebraska, and by otherwise complying with the provisions of applicable law; substitute a successor or successors to the Trustee named herein or acting hereunder. Trustee shall not be liable to any party, including with limitation Beneficiary, for any loss of damage unless due to reckless or willful misconduct, and shall not be required to take any action in connection with the enforcement of the Trust Deed unless indemnified, in writing, for all costs, compensation or expenses which may become associated therewith. In addition, Trustee may postpone the sale of all or any portion of the 4