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<br />10. TRUSTOR NOT RELEASED; FORBEARANCE BY BENEFICIARY NOT A WANER. Extenaion of the time for payment
<br />or modification of amortization of the sums secured by this Security Instrument granted by Beneficiary to any succeseor in
<br />interest of Trustor shall not operate to release the liability of the originai Trustor or Trustor's successors in interest. Beneficiary
<br />shall not be required to commence proceedings against any successor in interest or refuae to extend time for payment or
<br />otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original
<br />'Crustor or Trustor's successors in interest. Any forbearance by Beneficiary in exerciaing any right or remedy ahall not be a
<br />waiver of or preclude the exercise of any right or remedy.
<br />11. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN TftUSTOft. If all or any part of the Property
<br />or any interest in it is sold or transferred (or if a beneficial interest in Trustor is sold or tranaferred and 1'rustor is not a
<br />natural person) without Beneficiary's prior written conaent, Beneficiary may, at its option, require immediate payment in
<br />ful] of all sums secured by this Security Instrument, however, this option shall not be exercised by $eneficiary if exercise
<br />is prohibited by federal law as of the date of this S�curity Instrument. If Beneficiary exercises thia option, Beneficiary ahall
<br />give Trustor notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is
<br />delivered or mailed within which the Trustor must pay all sums secured by this Security Instrument. If Trustor fails to
<br />pay these sums prior to the expiration of this period, Beneficiary may invoke any remedies permitted by this Security
<br />Instrument without further notice or demand on ZYustor.
<br />12. EVENTS OF DEFAULT. Any of the following eventa shall be deemed an event of default hereunder:
<br />a. Trustor shall have failed to make payment of any installment of interest, principal, or principal and interest or
<br />any other sum secured hereby when due; or
<br />b. There has occurred a breach of or default under any term, covenant, agreement, condition, provision, represen-
<br />tation or warranty contained in any of the Loan Instruments.
<br />13. ACCELERATION; REMEDIES. Beneficiary shall give notice of default to Trustor prior to acceleration following
<br />Trustnr's breach of any covenant or agreement in this Trust Deed. The notice shall specify: (a) the default; (b) the action
<br />required to cure the default; (c) a date, not less than 30 days from the date the notice is g�ven to 'I`rustor, by which the
<br />default must be cured: and td) that failure to cnre the default on or before the date specified in the notice may result in
<br />acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform
<br />Trustor of the right to reinstate after acceleration and the right to bring a court action to assert the non-ea�istence of a
<br />default or any other defense of Trustor to acceleration and sale. If the default is not cured on or before the date specified
<br />in the notice, Beneficiary at its option may require immediate payment in full of all sums secured by this Security
<br />Instrument without further demand and may invoke the power of sale and any other remedies permitted by applicable
<br />law. Trustor shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 13,
<br />including, but not limited to, reasonable attorney's fees and costs of title eyidence. If power of sale is invoked, Truatee shall
<br />record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice
<br />in the manner prescribed by applicable law to Trustor and to the other persons prescribed by applicable law. After the time
<br />required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applic-
<br />able law. Trustee, without demand on Trustor, shall sell the Property at public suction to the highest bidder at the time
<br />and place and under the terms designated in the notice o£ sale in one or more parcels and in any order Trustee determines.
<br />Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any pre-
<br />viously scheduled sale. Beneficiary or its designee may purchase the Property at any sale. Upon receipt of payment of the
<br />price bid, Trastee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Truatee's deed
<br />shall be prima facie evidence of the truth of the statements made therein. Trustee ahall apply the proceeds af the sale in
<br />the following order: (a) to all expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable
<br />law and reasonable attorney's fees; (b) to all sums secured by this Security Inatrument; and (c) any excesa to the person or
<br />persons legally entitled to it.
<br />14. BENEFICIARY IN POSSESSION. Upon acceleration under paragraph 13 or abandonment of the Property,
<br />Beneficiary (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take posseasion of and
<br />manage the Property and to coliect the rents of the Property including those past due. Any rents collected by Beneficiary
<br />or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, includ-
<br />ing, but not limited to, receiver's feea, premiums on receiver's bonds and reasonable attorney's feea, and then to the suma
<br />secured by this Security Instrument.
<br />15. REMEDIES NOT EXCLUSIVE. Trustee and Beneffciary, and each of them, shall be entitled to enforce payment
<br />and performance of any indebtedness or obligations s'ecured hereby and to exercise all rights and powera under this Deed
<br />of Trust or under any Loan Instrument or other agreement or any laws now or hereafter in force, notwithatanding some
<br />or all of the such indebtedness and obligations secured hereby may now or hereafter be otherwise secured, whether by
<br />mortgage, deed of trust, pledge, lien, assignment or ot'herwise. Neither the acceptance of this Deed of Truat nor ite enforce-
<br />ment whether by court action or pursuant to the power of sale or other powers herein contained, shall prejudice br in any
<br />manner affect Trustee's or Beneficiary's right to realize upon or enforce any other security now or hereafter held by Trustee
<br />or Beneficiary, it being agreed that Trustee and Beneficiary, and each of them, shall be entitled to enforce this Deed of Trust
<br />and any other security now or hereafter held by Beneficiary or Trustee in such order and manner as they or either of them
<br />may in their absolute discretion determine. No remedy herein conferred upon or reserved to Trustee or Beneficiary' is
<br />intended to be excluaive of any other remedy herein� or by law provided or permitted, but each shall be cumulative and
<br />shall be in addition to every other remedy given hereiunder or now or hereafter existing at law or in equity or by statute.
<br />Every power or remedy given by any of the Loan Instrruments to Trustee or Beneficiary or to which either of them may be
<br />otherwise entitled, may be exercised, concurrently or i�dependently, from time to time and as often as may be deemed expe-
<br />dient by'IYustee or Beneficiary and either of them may pursue inconsistent remedies. Nothing herein ahall be conatrued
<br />as prohibiting Beneficiary from seeking a deficiency,judgment against the Trustor to the eartent such action ia permitted
<br />by law �
<br />16. GOVERNING LAW. This Deed of Trust shall'be governed by the laws of the 5tate of Nebraska. In the event that
<br />any provision or clauae of any of the Loan Instruments conflicta with applicable lawa, such conflicts shall not affect other
<br />proviaions of such Loan Instruments which can be given effect without the conflicting provieion, and to this end the pro-
<br />visions of the Loan Instruments are declared to be severable. This instrument cannot be waived, changed, discharged or
<br />terminated orally, but only by an instrument in writing signed by the party against whom enforcement of any waiver,
<br />change, discharge or termination is aought.
<br />17. RECONVEYANCE. Upon payment of all aums secured by this Security Instrument, Beneficiary shall request
<br />Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by
<br />this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the per-
<br />son or persons legally entitled to it. Such person or persons shall pay any recordation costs.
<br />18. REQUEST FOR NOTICES. Trustor requests that copies of the noticea of default and sale be sent to Trustor's
<br />address which is the Property Address. Trustor further requests that copies of the notices of de£ault and sale be sent to
<br />each person who is a party hereto at the address of such person set forth herein.
<br />19. NOTICES. Any notice to Trustor provided for in this Security Instrument shall be given bq delivering it or by mail-
<br />ing it by first class inail unless applicable law requires uae of another method. The notice shall be directed to the Property
<br />Address or any other address Trustor designates by notice to Beneficiary Any notice to Beneficiary shall be given by firat
<br />class maii to Beneficiar�s address stated herein or any other address Beneficiary designates by notice to Trustor. Any
<br />notice provided for in this Security Instrument shall be deemed to have been given to Trustor or Beneficiary when �iven
<br />as provided in this paragraph.
<br />20. ACCEPTANCE BY TRUSTEE. Trustee accepta this Truat when this Deed of Truat, duly executed and acknowl-
<br />edged, is made a public record as provided by law.
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