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20~oo~oss <br />shall continue to comply with these laws and regulations hereinafter. Trustor has <br />no knowledge of the actual or potential existence of any Contaminate that exists <br />an, at, or under the Premises, including ground water, other than what was <br />disclosed in connection with the Environmental Investigation of the Premises. <br />(h) Trustor shall not sell, assign, or transfer any interest in the Premises without the <br />prior written consent of Beneficiary. <br />4. The following shall constitute an event of default under this Deed of Trust: <br />(a) Failure by Trustor to pay any installment of principal or interest or any other sums <br />secured hereby when due, or failure to pay when due any other indebtedness of <br />Trustor to Beneficiary; <br />(b) A breach of or default by Trustor under any provision contained in this Deed of <br />Trust, the Promissory Note with Beneficiary referred to herein, any other <br />Promissory Note with Beneficiary, the written guarantee with Beneficiary, or any <br />other document concerning any obligation referred to herein; <br />(c) The filing by or against Trustor of an action under any present or future federal, <br />state or other statute, law or regulation relating to bankruptcy, insolvency, or other <br />relief for Trustor; <br />(d) The sale, transfer, assignment, conveyance, or further encumbrance of all or part <br />of or any interest in the Premises, either voluntarily or involuntarily, without the <br />prior written consent of Beneficiary. <br />5. In the event of any default hereunder, or under the terms of any Promissory Note <br />referred to herein, Beneficiary may declare all indebtedness secured hereby to be due and payable <br />immediately and the same shall become due and payable without presentment, demand, protest <br />or notice of any kind. Thereafter, Beneficiary may, at Beneficiary's option: <br />(a) Demand that Trustee exercise the POWER OF SALE granted herein, and Trustee <br />shall thereafter cause Trustor's interest in the Premises to be sold and the proceeds <br />to be distributed, all in accordance with the Nebraska Trust Deeds Act; <br />(b) Either in person or by agent, with or without bringing any action or proceeding, <br />ar by receiver appointed by a Court and without regard to the accuracy of its <br />security, enter upon and take possession of the Premises, ar any part thereof, in <br />their awn name or in the name of the Trustee and do any acts which they deem <br />necessary or desirable to preserve the value, marketability or rentability of the <br />Premises, or any part thereof or interest therein. The entering upon or taking <br />possession of the Premises, the collection of rents, issues and profits and the <br />applications thereof to the past due indebtedness secured hereunder, shall not cure <br />or waive any default or notice of default hereunder or invalidate any act done in <br />DEED OF TRUST <br />J:\T7C\13111\223\NE-DOT.2.wpd _ 4 <br />