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<br /> 201005741
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<br /> 3. To the payment of junior Trust Deeds, mortgages, or other lien holders;
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<br /> 4. The balance, if any, to the person or persons legally entitled thereto.
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<br /> E. Upon the occurrence of any default hereunder, BENEFICIARIES shall have, in addition to
<br /> such other options as may be granted herein, the further option to foreclose this DEED OF
<br /> TRUST in the manner provided by law for foreclosures of mortgages on real property.
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<br /> F. BENEFICIARIES may from time to time substitute a successor or successors to any
<br /> TRUSTEE named herein or acting hereunder. Upon such appointment, and without
<br /> conveyance to the successor TRUSTEE, the latter shall be vested with all title, powers, and
<br /> duties conferred upon any TRUSTEE herein named or acting hereunder. Each such
<br /> appointment and substitution shall be made by written instrument and executed by
<br /> BENEFICIARIES, containing reference to this DEED OF TRUST and its place of record,
<br /> which, when recorded in the Office of the Register of Deeds of the county or counties in
<br /> which said property is situated, shall be conclusive proof of proper appointment of the
<br /> successor TRUSTEE. The foregoing power of substitution and the procedure therefore
<br /> shall not be exclusive of the power and procedure provided for by law for the substitution
<br /> of a TRUSTEE in the place of the TRUSTEE narned herein.
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<br /> G. TRUSTOR covenants and agrees that upon any attempted conveyance, assignment, pledge
<br /> or transfer of any of its interest in the premises during the term of the loan secured hereby,
<br /> the BENEFICIARIES shall have the option of declaring the uripaid balance immediately
<br /> due and payable, and if said sum remains unpaid for fifteen (15) days thereafter,
<br /> BENEFICIARIES can cause Notice of Default to be given and the premises be sold as
<br /> provided herein.
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<br /> H. As additional and collateral security for the loan, and effective forthwith upon filing of a
<br /> Notice of Default, this instrument shall serve as an assignment by the TRUSTOR to the
<br /> TRUSTEE, of all rents and revenues resulting from the property, and TRUSTEE is
<br /> authorized to take possession of the property, rent or lease the same on terms he deems
<br /> best and to collect the rents and revenues and apply the same upon unpaid interest,
<br /> principal, taxes or insurance premiums or for maintenance and preservation of the
<br /> premises.
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<br /> 1. The waiver by TRUSTEE or BENEFICIARIES of any default of TRUSTOR under this
<br /> DEED OF TRUST, on one occasion, shall not be or be deemed to be a waiver of any other
<br /> or similar defaults subsequently occurring.
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<br /> J. If title to any part of the property herein shall be taken in condemnation proceedings, by
<br /> right of eminent domain, or similar action, or shall be sold under threat of condemnation,
<br /> all awards, damages and proceeds are hereby assigned and shall be paid to the
<br /> BENEFICIARIES, who shall apply such payment, or any part thereof, in their sole
<br /> discretion, to the sure due at that time on this DEED OF TRUST and Trust Deed Note,
<br /> with any balance above the amount due hereunder payable to the TRUSTORS.
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<br /> K. The BENEFICIARIES, their agents or representatives, are hereby authorized to enter, at
<br /> any reasonable time, upon any part of the trust property for the purposes of inspecting the
<br /> same and for the purpose of performing any of the acts they are authorized to perform
<br /> under the terms of this DEED OF TRUST and other accompanying documents.
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<br /> L. This DEED OF TRUST and all acconaparlying documents are subject to, constructed and
<br /> governed by the laws of the State of Nebraska for all purposes.
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<br /> M. In the event any one or more of the provisions contained in this DEED OF TRUST, Trust
<br /> Deed Notes, or any other instrument given in connection with this transaction, shall for any
<br /> reason be held to be invalid, illegal or unenforceable in any respect, such invalidity,
<br /> illegality, or unenforceability shall, at the option of the BENEFICIARIES, not affect any
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