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E. Beneficiary may from time to time substitute a suc- cessor or successors to any Trustee named herein or acting hereunder. Upon such appointment, and with- out conveyance to the successor Trustee, the latter shall be vested with all title, powers, and duties conferred upon any Trustee herein named or acting hereunder. Each such appointment and substitution shall be made by written instrument and executed by Beneficiary, containing reference to this Trust Deed and its place of record, which, when recorded in the offices of the Register of Deeds of the county or counties in which said property is situated, shall be conclusive proof of proper appointment of the successor Trustee. The foregoing power of substi- tution and the procedure therefor shall not be ex- clusive of. the power and procedure provided for by law for the substitution of a Trustee in the place of the Trustee named herein. F. Trustor covenants and agrees that upon any convey- ance, assignment or transfer of his interest in the premises during the term of the loan secured hereby, the Beneficiary shall have the option of declaring the unpaid balance immediately due and payable, and if said sum remains unpaid for fifteen (15) days thereafter, Beneficiary can cause Notice of Default to be given and the premises to be sold as provided herein. As additional and collateral security for the loan and effective forthwith upon filing of a Notice of Default, this instrument shall serve as an assignment by the Trustor to the Trustee, of all rents and reve- nues resulting from the property, and Trustee is authorized to take possession of the property, rent or lease the same on terms he deems best and to collect the rents and revenues and apply the same upon unpaid interest, principal, taxes or insurance premiums or for maintenance <:=nd preservation of the premises. H. The waiver by Trustee or Beneficiary of any default of Trustor under this Trust Deed shall not be or be deemed to be a waiver of any other or similar de- faults subsequently occurring. The designation "Trustor" herein shall extend to and apply to the undersigned, singular or plural, and the covenants and agreement:, of the Trustor herein shall be binding upon his heirs, devisees, executors, administrators, successors, and assigns. This Trust Deed shall be construed according to the laws of the State of Nebraska. The Trustor requests that a cagy of any Natice of Default and of. any Notice of Sale hereunder be mailed to him zt the address hereinbefare set Y"orth. Executed tha date. first above written. F. Dean Wo ------~~•Jud th A. c¢o1f~~_ - 4 -