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2ooyoss52 <br />remedy on the event of a subsequent default. <br />10. Eminent Domain. Should the Property or any part thereof ar interest therein be <br />taken yr damaged by reason on any taking by right of eminent domain, <br />condemnation, or in any other manner, including a deed in lieu of condemnation, <br />ar should the Trusters receive any Notice or any other information regarding such <br />a proceeding, the Trustors shall give immediate written notice thereof to the <br />Beneficiary. The parties shall reach a mutual agreement as to the receipt of any <br />compensation, award, ar other payments yr relief granted with respect to the <br />exercise of eminent domain, with any amounts which the Beneficiary may receive <br />to be applied tv the unpaid balance of the Promissory Note in the inverse order of <br />maturity, without any reduction in the amount of principal and. interest payments. <br />11.Transfer of Pro~ertu. The Beneficiary enters into this Agreement an the <br />', responsibility of the Trusters and an the basis of the amicable relations which <br />', have previously existed between the Beneficiary and the Trusters with respect to <br />' the Property. Should the Trustors desire to sell ar encumber the Property or any <br />part thereof, they shall forthwith obtain the prior written consent of the Beneficiary <br />to such sale yr encumbrance while any sums remain due and owing vn the <br />Promissory Nate, secured by this Deed of Trust. Should the Trustors sell ar <br />encumber any part of the Property, or any interest therein, to any third party, er <br />enter into any agreement to self, encumber or create an interest in a third party in <br />the Property, without the prior written consent of the Beneficiary, other than <br />granting a lease to a third party, or if the Trustors permit all er any part of the <br />Property to become subject to a lien of any kind, without the prior written consent <br />of the Beneficiary, the Beneficiary, at its sale option, can declare the entire <br />indebtedness remaining immediately due and payable, and exercise any of the <br />remedies available to it under this Deed of Trust. <br />12.Assignment of Rents. As additional security, the Trustors hereby assign to the <br />Beneficiary all of the rents of the Property, provided that the Trustors shall, prior <br />to acceleration hereunder or abandonment of the Property, have the right to <br />collect and retain such rents as they become due and payable. On the <br />acceleration as provided herein, upon and event of default, or upon the Trustors <br />abandonment of the Property, the Beneficiary, in person or by agent, er by a <br />', judicially appointed receiver, shall be entitled to enter upon, take possession of <br />' and manage the Property and collect the rents of the Property. All rents collected <br />by the Beneficiary shall be applied first to the payment of the costs of managing <br />the Property and collection of rents, including, but net limited to receiver's fees, <br />premiums on receiver's bonds, and, if allowed by law, a reasonable attorney's <br />fee, and then to the sums secured by this Deed of Trust. <br />13. Successor Trustee. The Beneficiary, at its sole option, may from time to time <br />appoint a successor Trustee by filing for record in the ofl•ice of the Register of <br />Deeds of Buffalo County, Nebraska, a Substitution of Trustee document as <br />provided under Nebraska statutes. From the time the Substitution is filed for <br />record, the new Successor Trustee shall succeed to all the powers, duties, <br />authority and title of the Trustee named in this Deed of Trust and of any prior <br />Successor Trustee. <br />14. Trustee's Duties and Powers. The Trustors acknowledge that: <br />a. The duties and obligations of the Trustee shall be determined solely by the <br />express previsions of this Deed of Trust, and by authority granted to the <br />Trustee pursuant to Nebraska law, and the Trustee shall not be liable <br />except for the performance of such duties and obligations as are <br />specifically set Earth herein, and no implied covenants or obligations shall <br />be imposed upon the Trustee. <br />b. Na provision of this Deed of Trust shall require the Trustee to expend or <br />risk any of the Trustee's awn funds or otherwise incur any financial <br />obligation in the performance of any of the Trustee's duties herein, ar in <br />the exercise of any of the Trustee's rights or powers if Trustee shall have <br />grounds for believing that assurance of repayment of such funds is <br />