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<br />8Q"i:'~Jrc~"~J~ <br />-6- <br />cute in its own name any action or proceedings. BENEFICIARY with <br />the consent and agreement of Trustor (which shall not unreasonably <br />be withheld) shall also be entitled to make any compromise or <br />settlement in connection with such taking or damage. All such <br />compensation, awards, damages, rights of action and proceeds awarded <br />to TRUSTOR {the "Proceeds") are hereby assigned to BENEFICIARY and <br />TRUSTOR agrees to execute such further assignments of the Proceeds <br />as BENEFICIARY or TRUSTEE may require; however only to the extent <br />of the then remaining unpaid balance of the indebtedness. secured <br />hereby together with any accrued interest or other advancements <br />which award or payment shall be applied to reduce said indebted- <br />ness. <br />9. APPOINTMENT OF SUCCESSOR TRUSTEE. BENEFICIARY may, from time <br />to time, by a written instrument executed and acknowledged by <br />BENEFICIARY, mailed to TRUSTOR and recorded in the County in which <br />the TRUST ESTATE is located and by otherwise complying with the <br />provisions of the applicable law of the State of Nebraska substi- <br />tute a successor or successors to the TRUSTEE named herein or <br />acting hereunder. <br />1U. SUCCESSORS AND ASSIGNS. This DEED OF TRUST applies to, inures <br />to the benefit of and binds all parties hereto, their heirs, legatees, <br />devisees, personal representatives, successors and assigns. The <br />term "BENEFICIARY" shall mean the owner and holier of the NOTE, <br />Whether or not named as BENEFICIARY herein. <br />11. INSPECTIONS. BENEFICIARY, or its agents, representatives or <br />workmen, are authorized to enter at any reasonable time upon or in <br />any part of the TRUST ESTATE for the purpose of inspecting the same <br />and for the purpose of performing any of the acts it is authorized <br />to perform under the terms of any of the LOAN INSTRUMENTS. <br />12. EVENTS OF DEFAULT, Any of the Following events shall be <br />deemed an event of default hereunder: <br />(a) Default shall be made in the payment of any installment <br />of pzincipal or interest or any other sums secured hereby when due <br />and if the same is net cured within five (5) days of Buyer's receipt <br />of written notice from Seller of the default; or <br />(b) There has occurred a breach a€ or default under any term, <br />covenant, agreement, condition, prevision, representation or warranty <br />contained in any crf the LQAN I#:STRUME:#Tl:; <br />