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r 84--- 0051,16 r 6. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, from time to time, bv a written instrument executed and acknowledged by Beneficiary, mailed to Trustor and recorded in the County in which the Trust?:sta:teis located and by otherwise complying with the provisions of the applicable Taw of the State of Nebraska substitute a SHccessor or successors to the Trustee named herein or acting hereunder. 7. SUCCESSORS AND ASSIGNS. This Deed of Trust applies. to, inures the benefit of and binds all parties hereto. their heirs, legatees, devisees. personal representatives. successors and assigns. The term "Beneficiary"shiill mean the owner and holder of the Note, whether or not named as Beneficiary herein. S. 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.. q. EVENTS l'F DEFAULT. an event of default hereunder: Any of the following events shall be deemed fa) Trustor shail have failed to make payment of any installment of Interest, principal, or principal and interest or any other sum secured hereby when due: .yr (bj covenant, ed in any There nas ,--r-ccut~red ~'{ bred agreement. condition. pC0vislon, of the l.0an Instruments. 0{ Ol~ delault under any term, representation or warranty contain- W. ACCELEHAT [UN ['h'N DEFAULT. ADDITIONAL REMEDIES. Should an event vf del'aull ;XCUl- BenE'ficlary may declare all indebtedness secured hereby to be duE' dnd I'd vb Ie dnd the ~ame - shall thereupon become due and payable without dOY prese-ntment. demand. protest or notice of any kind.. Thereafter BenefiCiary maY: ,~ ' f_ll nt't- "n [H~i'S,-)n ..::r" bv .:~gt,.;"n t. w" it h 0T 'Wit hout bringi.ng any action \)r proceeding, ,..:~r by 3 n."~cel\'t"r appointed by d court and without regard to the adequdcy .....~ Its secut-l!v. t~nter' upon dnd take possession of the Trust Estate. ,.)T dny ~.'dr~{ the-rei.:'r'. In lts i...,W'n name l.....r In the name of trustee, and do any ae!s which it deems nt~cessa.rv l)r de~irable to preserve the value, mar-ketabil1tv Cq- rt."'ntaDliliv \..:.! ~he T!.'ust Estate, or pa.rt thereof or interst thereln. in.:rease rhe Ifl.c,:.......me lhl..-"refr0n1 ~)r protect the secur'ity :hereof and, with ..'r \>llth0ut rakln~ p...)~SeSSlon ;..11' il1(' Trust Esta!t~. sue for or otherwise collect the n"~nts. t~Sue~~ <,lnd Pt-Ofl!S thereof. including those past due and unpaid, dnd apply lilt' ~ame~ JeSS ...'..)sts dfH.1 ('xp~nses of operation and ..:ollection lnclutling ~ln~"'rne..."s' f('('~. up~1n dny indebtedness secured hereby, all in such (lrder d.~ rh.."neftcldt-\ md,\ dctennlfle. I'he ()ntering upon and taking possession ,.::'-1 the ) ~";:...T ts.t.:u~~. tnt' -,,:_',)j \,)~"110n l!f :-:ouch n':'nts~ Issues nd profits and the dppil.('d{h.)!i Iherec't ,is :..u'cresald. shall n(H l'ure vr' wa ve any default or notice ,,,-,'f de-fault hereunder \'..n" lnvaiidatc dny act dvne n r'esponse to sllch -.)- i i w L -.J L