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<br />the items specified in subparagraph (b), If the sale is by Trustee, or the proper couftand h .met f: closure and sale if
<br />the safe is pursuant to judicial foreclosure, the proceeds of sale shall be applied in the order steted below to the payment of:
<br />(1) Cost of an evidence of title procured In connection with such sale and of any revenue required to be paid;
<br />(2) Attorneys fees;
<br />(a) Al; sums then secured hereby and any liens having priority over this one;
<br />(4) Junior trust deeds, mortgages, or other lienholders; and
<br />` M The remainder, if any, to the person or persons legally entitled thereto.
<br />(d) V the Beneficiary of this Deed of Trust is a bank as defined by Nebraska law, any statement contained in any other section of this deed
<br />notwithstanding, The Beneficiary shall not be entitled to receive or take and debtor shall not be obligated to pay or give: any confession of
<br />judgment, power of attorney to confess judgment, power of attorney to appear for a borrower in a judicial proceeding or agreement to pay the
<br />costs of collection or the attorneys' fees, unless such acts of collection would not otherwise be prohibited by Nebraska law, provided, however,
<br />that this section does not apply to the Trustee fee referred to in paragraph 6 (b), provided further, that this paragraph shall not apply to this Deed
<br />of Trust, if the Beneficiary is not a bank.
<br />(12) Additional Security instruments. Trustor, at its expense, will execute and deliver to the Beneficiary, promptly upon demand, such security
<br />instruments as may be required by Beneficiary, in form and substance satisfactory to Beneficiary, covering any of the Property conveyed by this
<br />Deed of Trust, which security instruments shall be additional security for Trustor's faithful performance of all of the terms, converiants and con-
<br />ditions or this Deed of Trust, the promissory notes secured hereby, and any other security instruments executed in connection with this transac-
<br />tion. Such Instruments shall be recorded or filed at Trustor's expense.
<br />(13) Appointment of Successor Trustee. Beneficiary may, from time to time, by a written instrument executed and acknowledged by
<br />Beneficiary, mailed to Trustor and recorded in the county or counties in which the Property is located and by otherwise complying with the
<br />provisions of the applicable laws of the State of Nebraska substitute a successor or successors to the Trustee named herein or acting hereun-
<br />der.
<br />(14) Inspections. Beneficiary, or its agents, representatives or workmen, are authorized to enter at any reasonable time upon or in any part of
<br />the Property 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
<br />of the Deed of Trust.
<br />(15) Option to Foreclosure. Upon the occurrence of any default hereunder, Beneficiary shag have the option to foreclose this Deed of Trust in
<br />the manner provided by law for the foreclosure of mortgages on real property.
<br />(16) Forbearance by Beneficiary or Trustee Not a Waiver. Any forebearance by Beneficiary or Trustee in exercising any right or remedy
<br />hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. likewise, the
<br />waiver by Beneficiary or Trustee of any default of Trustor under this Deed of Trust shall not be deemed to be a waiver of any other Of similar
<br />defaults subsequently occuring.
<br />(1 T) Trustor Not Released. Extension of the time for payment or modification or amortization of the sums secured by this Deed of Trust gran-
<br />ted by Beneficiary to any successor in interest of Trustor shall not operate to release. in any manner, the liability of the original Truster and
<br />- Trustor's successor in Interest. Beneficiary shall not be required to commence proceedings against such successor or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the original Truster and
<br />Trustor's successor in interest.
<br />(1B) Beneficiary's Power, Without affecting the liability of the Trustor or any other person liable for the payment of any obligation herein men-
<br />tioned, and without affecting the lien or charge of this Deed of Trust upon any portion of the property not then or theretofore released as security
<br />for the full amount of all unpaid obligations, beneficiary may, from time to time and without notice, (i) release any person so liable, (ig extend the
<br />maturity or alter any of the terms of any such obligations, (iii) grant other indulgences, (tv) release or reconvey, or cause to be released or recon-
<br />veyed at any time at Beneficiary's options any parcel. portion or all of the Property, (v) take or release any other or additional security for any
<br />obligation herein mentioned. or ivi) make compositions or other arrangements with debtors in relation thereto-
<br />419) Reconveyance by Trustee. Upon written request of Beneficiary stating that all sums secured hereby have been paid, and upon surrender of
<br />this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee's fees, Trustee shalt reconvey
<br />to Trustor, or the person or persons legally entitled thereto, without warranty. arty portion of the Property then held hereunder. The recitals in
<br />such reconveyance of any matters or facts shalt be conclusive proof of the truthfulness thereof. The grantee in arty reconveyance may be
<br />described as "the person or persons legally entitled thereto"_
<br />(20) Notices. Except for any notices, demands, requests, or other communications required under applicable law to be given in another man-
<br />ner, whenever Beneficiary. Trustor, or Trustee gives or serves any notice (inctudWQ, without limitat ion, notice of default and notice of safef<
<br />demands. requests or other communication with respect to thus Deed of Trust, eac±i such notice, demand. request or other communication shall
<br />be in writing and shall be effective only if the same is delivered by personal service or mailed by certified mail, postage prepaid, return receipt
<br />requested. addressed to the address as sat forth a- the beginning of this Deed of Trust. Trustor hereby requests that a copy of any notice of
<br />default, any notice of sale, required or permitted to be given the Trustor hereunder, be mailed to it at the address set forth at the beginning of this
<br />Diced of Trust. Any party may at any time change Its address for such notices by defs,Brrng Of mailing to the other parties hereto. as aforesaid, a
<br />notice of such cnange. Any notice hereunder shall be deemed to have been given to Trustor of Beneficiary, when given in the manner designated
<br />herein.
<br />(21) Governing Law. This Deed of Trust shall be governed by the iaws of the State of Nebraska.
<br />(22) Successors and Assigns. This Deed of Trust and ali terms, conditions and obligations herein apply to and inure to the benefit of and bead
<br />all parties hereto. their heirs, legatees. devisees. personal representatives, successors and assigns. The term "Beneficiary" shall mean the
<br />owner and hoider of the Note. whether or not named as Beneficiary hereon.
<br />t23) Joint and Several LlabiNty. All covenants and agreements of Trustor shall be joint and several
<br />(24) Serwabttlty. In the event any one or more of the provisions contained in this Deed of Trust. or the Note or any other security instrument
<br />given in connection with this transaction shall for any reasons be held to be invalid, illegal or unenforceable in any respect, such Imrandity-
<br />Illegaiity, or unenforceabiiity shall, at tiro option of Beneficiary. not affect any other provision of this Deed of Trust, but this Deed of Trust shat;
<br />be construed as if such invalid. illegal, or unenforceable provision had never been contained herein or therein. If the lien of this Deed of Trust is
<br />Invalid or unenforceable as to any part of the debt, or it the lien is invalid or unenforceable as to any part of the Property, the unsecured or par-
<br />tially secured porton of the debt shall be completely paid prior to the payment of the remaining and secured or partially secured portion of the
<br />debt. and all payments made on trio debt, whether voluntary of under foreclosure or other enforcement action or procedure, shall be considered
<br />to have been first naid on and applied to the fu4i payment of that portion of the debt which is not secured or not fully secured by the lien of this
<br />Deed of Trust.
<br />(25) Number and Gander, Captions. Whenever used herein, the singular number shall include the plural, the plural, the singular, and the use of
<br />any gender shall be applicable to all genders.. The captions and headings of the paragraphs of this Dead of Trust are for convenience only and
<br />are not to be used to interpret or define the provisions hereof.
<br />i2RI Acceptanea by Trustee, Trustee accents this Trust when this Deed of Trust, duly executed and acknowledged, is made a public record as
<br />otorided by law
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