Laserfiche WebLink
�01107592 <br />and to such extend as either may deem necessary to protect the security <br />hereof. Trustor shall, immediately upon demand therefor by Beneficiary, <br />pay all costs and expenses incurred by Beneficiary in connection with the <br />exercise by Beneficiary of the foregoing rights, including without <br />limita.tion costs of evidence of title, court costs, appraisals, surveys and <br />attorneys' fees. Any such costs and expenses not paid within ten (10) <br />days of written demand shall draw interest at the default rate provided in <br />the Note. <br />5. Em�nent Domain. Should the Trust Estate, or any part thereof <br />or interest therein, be taken or damaged by reason of any public <br />improvement or condemnation proceeding, or in any other manner <br />including deed in lieu of Condemnation ("Condemnation"), or should <br />Trustor receive any notice or other information regarding such <br />proceeding, Trustor shall give prompt written notice thereof to <br />Beneficiary. Trustor shall be entitled to all compensation, awards, and <br />other payments or relief therefor, and shall be entitled at its option to <br />commence, appear in and prosecute in its own name any action or <br />proceedings. Beneficiary shall also be entitled to make any compromise <br />or settlement in connection with such taking or damage. All such <br />compensation, awards, damages, rights of action, and proceeds awarded <br />to Trustor (the "Proceeds") are hereby assigned to Beneficiary and <br />Trustor agrees to execute such further assignments of the Proceeds as <br />Beneficiaty or Trustee may require. <br />6. Appoiatmeat of Successor Trustee. Beneficiary may, from <br />time to time, by a written instrument executed and acknowledged by <br />Beneficiaty, mailed to Trustor and recorded in the County in which the <br />Trust Estate is located and by otherwise complying with the provisions of <br />the applicable law of the Sta.te of Nebraska substitute a successor or <br />successors to the Trustee named herein or acting hereunder. <br />7. Successors aad Assigas. This Deed of Trust applies to, inures <br />to the benefit of and binds all parties hereto, their heirs, legatees, <br />devisees, personal representatives, successors and assigns. The term <br />"Beneficiary" shall mean the owner and holder of the Note, whether or <br />not named as Beneficiary herein. <br />8. Iaspectioas. Beneficiary, or its agents, representatives or <br />workmen, are authorized to enter at any reasonable time upon or in any <br />part of the Trust Esta.te for the purpose of inspecting the same and for <br />the purpose of performing any of the acts it is authorized to perform <br />under the terms of any of the Loan Instruments. <br />3 <br />