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I 87--103979 are unpaid and due on the date of default, or which may become due after default, togener with the authority to collect and enforce payment of the rents and profits. ll.Transfer of Real Propertl. If the Borrower should, without written consent of the Lender, sell, transfer, encumber or alienate the real property or any part thereof, whether voluntarily or involuntarily, then the Lender shall have the right to declare all indebtedness and obligations secured by this Trust Deed, immediately due and payable. No secondary financing of any kind shall be allowed with respect to the real property without written approval of the Lender, provided such approval shall not be unreasonably withheld. 12. Remedies Cumulative. All remedies provided in this Trust Deed are distinct and cumulative to any other right or remedy under this rrust Deed or afforded by law or equity, and may be exercised concurrently, independently or successively. 13. Default and Remedies. As expressly agreed by Borrower, in the event of Borrower's failure to comply with each and all of the conditions in this Trust Deed or Note or any other instruments affecting the loan secured hereby, time being of the essence, then the full amount secured hereby shall become due and collectible at once and the whole indebtedness shall bear interest at the highest legal rate not to exceed twenty (20) per cent. The Lender shall have the right to proceed to enforce the liquidation, which is secured herein, by mortgage foreclosure or Trustee's Sale without further notice other than provided by Nebraska law. The Borrower will have those remedies and only those remedies, available under Nebraska law or specifically mentioned in this Trust Deed. 14. Method of Trustee Sale. If Trustee sale is elected, the Trustee, at the written request of the Lender, may sell the property in the manner provided in Section 76 -1001 through 76 -1018 of the Nebraska Revised Statutes, including amendments, with such right of postponement of sale as the Trustee shall deem best for the interest of all parties concerned. The Trustee shall convey to the purchaser in such sale, the Trustee's title and all right and title of the Borrower to the real property. The purchaser shall be discharged of all liability for the application of the purchase money once sent to the Trustee. The Trustee shall apply the proceeds of the safe, first to the expenses of sale; then to all taxes and assessments due; thence to all sums advanced by the Lender as provided in this Trust Deed together witth interest; thence a Trustee's commission of two percent of the gross sale amount plus the Trustee's costs of reasonable attorney's fees and costs of title evidence; thence to the payment of the indebtedness and obligations secured by this Trust Deed together with interest and thence to the payment of all other Trust Deeds, mortgages and liens junior to this Trust Deed. Any pxoceeds of the sale in excess of the amounts so applied above, shall be paid to the Borrower. 15. Substitute Trustee. The Lender has the irrevocable power to appoint a substitute Trustee without specifying any reason therefor, by following the procedures outlined in Section 76 -1004 of the Nebraska statutes. 16. Notices. Any notice or demand that may be given under this Trust Deed or any of their ments affecting the loan shall be given to the Trustee at its above address and to the Borrower, at the above address, by depositing in the United States Mail# postage prepaid, except that notices of d ^fault and sale shall be sent by certified or registered mail to each party hereto and request for such notice is hereby made by each party hereto. 17. Release Upon Full Payment. Upon pay,nent and satisfaction of the terms of this Trust De - and the Note or Motes and other amounts secured hereby, a reconveyance shall be made and executed by the Trustee. 18. Severability. if any provisions of this Trust Deed shall be held invalid under rWoraska law, the Wgity of the remainder of this Trust Deed shall not be affected and the remainder of this Trust Deed shall be construed as if the invalid dxovisAon was never included. 19. Successors and Area ns. This Trust Deed applies to and inures to the benefit of and s—all—piE' .s hereto, eir heirs, legatees, devisees, Personal Repesentatives, succasors and assigns. The term "Beneficiary shall mean the owner and holler of the whether or not named as Beneficiary herein. 20. Special provisions: