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<br /> H. As addiCior�A1 and colla�eral �ecur�.ty fnr the loan, and
<br /> effeative far�hwith upor� �ili.ng o� a No�ica a� D�tault, thie�
<br /> inetrument aha].1 eerve ae rr.n �e��.gnrnent by thc� 7�FtUrfi0R8 to the
<br /> 'A'�2t�9'�'�E, o£ all xE�11C.fd aYid r�evcatiu��; x�e�ul��.»� Lxom �he
<br /> pr�perty, and TRU9�'EE ie auGhoxized �o Cak� por�r���nion of the
<br /> property, rent or loAee the eama oz� �armr� hQ dc��mr �est and to
<br /> cvllect the rents and reve�u�e and apply �ho aam�a upon ur�paid
<br /> intereet, principa7., �ax�e or in.AUrance premi.ums or for _
<br /> maintenanc� and pxea�rvation of tho premiaae.
<br /> I. '�he waiver by TRU3TE� or �ENEFICI�IRY oE an� default o�
<br /> TRUSTORS under thie Dood of Truat, an on� occ�q�.c�r, ehall no�t
<br /> be or be deemed to b�2 a waiver of any o�h�x or similar
<br /> defaults eubeequontly occurring.
<br /> J. Tf title to any �art of the g�roperty harein aYsa��. be tak�n ir�
<br /> condemnation proceedinge, by right of Pm�n�r�� domain, or
<br /> eimilar action, or ehal]. be aold undex thraat AE cc�ndemnation,
<br /> al]. awards, d�magea and proceede arc� hereby aeeignact and ehall
<br /> be paid ta the BENEFICIAI2X, who ehnll apply euch paycnen�, or
<br /> any part thereof, in her eole di�cretion, to the eum due �'t
<br /> that time on thie Deed of Truet and Truet Deed Note, with an•y
<br /> balance abave Che amaunt due hereunder payable to ��ae
<br /> TRUSTORS.
<br /> K. The HENEFICIARY, her agente or representatives, are h�reby
<br /> au�horized xo enter, at anX reaeonable time, upon any part of
<br /> tne trusi propercy for cne purpoeee vf inepaGZing zi�e eame and.
<br /> �or the purpoee o� performing any of the act�, are authorizad
<br /> �o perform under the term9 of thie Deed of Truet and other
<br /> accompanying documente.
<br /> L. This Aeed of Trust and all accompanying documente are eub�ect •
<br /> to, co�nstructed and governed by the lawe of the S�ate of
<br /> Nebraska for all purpoees. ,
<br /> M. In the event any one or more of the pravieinne contained ln �
<br /> thie Deed of Trust, Tru�t Deed Nate, or any Qther. in�tr.ument
<br /> given in cannection with thie traneaction, ehall for any
<br /> reaaon be held to be invalid, illegal or unon�orceable :Ln any �
<br /> respect, auch invalidity, illegality, or unanfvrceability
<br /> ehall, at the aptian of the BENEFICIARY, not affeot any other
<br /> provieians of thie Deed of Trust or Trust Deed Note, but tfiis
<br /> Aeed af Truet and Truet Aeed Note ehall be con�trued ao 1E '
<br /> euoh invalid, illegal or unenforceable provieion had riever .
<br /> been aontained therein, it being tihe intention of tha partiee
<br /> that the prov�.aions of this Deed of TrusG are declared to be
<br /> se�verable.
<br /> N. Th�.s De�d of Trust slla].1 inurQ to and bind the heire,
<br /> dev�.eee�, personal representatives, successors and aeel.gns of
<br /> � the �arties hereto.
<br /> The TRU8TOH3 requeet rhat a copy of amy Notice oE Default and
<br /> � of any No�ice of Sa1e hereunder be mailed to them at the addrese
<br /> herein s�t forth, or euch other address ae they mc�y provide to the
<br /> TRUSTEE and BENEFICIARY. TRUSTORS further etate that they ha�ve
<br /> , 3a.ven the BENEF'ICIAI7Y a v�ritten Acknowledgment which etates Chat ae
<br /> TRUSTORS, they underetand that the document that they are executin�
<br /> h�rein is a Deed of Truat and not a mortgage, and that the power o�
<br /> eale provided for in thie Deed of Truet provideo sube�antially
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<br /> default or breach o£ the obligatione �a� forth hvrein, tha TRU9TEE
<br /> and the BENEFICIARY may take such action ae herein pz•avided�
<br /> � includ3.ng the ex�xcise of the power of s�le, and the p�rt�ee agr9e
<br /> �hat aaid AcKi.owledgment ab�vo refexr�d to hae been exacuted prioz
<br /> to tihe �xecution of this Deed of Truet and ehall f�e r�corded prior
<br /> to the recordatinn of thie Deed of Trueti.
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