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2oioo5o9s response to such default. (c) Commence an action to foreclose this Deed of Trust as a mortgage, appoint a receiver, ar specifically enforce any of the covenants hereof; or commence an action for strict foreclosure of this Deed of Trust. No remedy herein conferred upon or reserved to Trustee or Beneficiary is intended to be exclusive of any other remedy herein or by law provided or permitted, but each shall be cumulative, shall be in addition to every other remedy given hereunder or now or hereafter existing at law or in equity or by statute, and may be exercised concurrently, independently or successively. 6. Any forbearance by Beneficiary in exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. The procurement of insurance ar payment of taxes or other liens or charges by Beneficiary shall not be a waiver of Beneficiary's right to accelerate the maturity of the indebtedness secured by this Deed of Trust. 7. The covenants and agreements herein contained shall bind and the rights hereunder shall inure ta, the respective successors and assigns of Beneficiary and Trustor. All covenants and agreements of Trustor shall be joint and several. Time is of the essence. This Deed of Trust shall be governed by the laws of the State of Nebraska. S. The parties hereby request that a copy of any Notice of Default hereunder and a cagy of any Notice of Sale hereunder be mailed to each party to this Deed of Trust at the address set forth abave in the manner prescribed by applicable law. Except for any other notice required under applicable law to be given in any other manner, any notice provided for in this Deed of Trust shall be given by mailing such notice by certified mail addressed to the other party at the address set forth above. Any notice provided for in this Deed of Trust shall be deemed to have been given to Trustor or Beneficiary when given in the manner designated herein. 9. Trustor does hereby absolutely and unconditionally assign, transfer and convey to Beneficiary all Rents under the following provisions: (a) Trustor may, as Beneficiary's licensee, unless and until an Event of Default occurs under this Deed of Trust, collect the Rents or other sums payable by virtue of the Leases. (b) Upon the occurrence of an Event of Default, Beneficiary may at any time and without notice, either in person, by agent or by receiver to be appointed by a court, terminate Trustor's license to collect the Rents, enter and take possession of the Property or any part thereof and in its own name sue far or otherwise collect the Rents. Trustor agrees that the other parties under the Leases may, upon notice from Beneficiary of the occurrence of an Event of Default, thereafter pay direct to Beneficiary the Rents due and to become due under the Leases and attorn to all DEED OF TRUST J:\TJC\13111\223\NE-DOT.2.wpd 5