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<br /> G. TRU3TO1tS aovenant and agree that upon any attempted . n�
<br /> • conveyance, assignment, pledqe or tranafer of any of his �
<br /> ' interest in the premises during the term of the loan secured ��,.
<br /> hereby, the BENEFZCiARIES shall have the option of declaring „ 14 .�`� �
<br /> the unpaid balance immedi.atel� due and payable, and if said
<br /> sum remains unpaid for fifteen ( 15) days thereafter, . :
<br /> � `- BENEFICIARIES can cause Notice of Default to be given and the �;,,. _i.,, ��� .
<br /> .�-�~'" ;�. premises be sold as provided herein. „ .,.,--:� .:__:�-.�
<br /> ., ., • ++,�t i � s'� tY�i.»3°i'.�:-,
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<br /> H. As additional and collatRral security for the loan, and •� __,.., r ;N_
<br /> ��l�t'�=�=.
<br /> � effective forthwith upon filing of a Notice of Default, this �,�,,�.,,,,,..,..
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<br /> inetrument shall serve as an assignment by the TRUSTORS to the :.j_�,-----= _—_.
<br /> z TRU3TEE, of all rents and revenues resulting from the ,..,_ --
<br /> � property, and TRUSTEE is aut}ac�rized to take possession of the ..:-:
<br /> �� property, rent or lease the ;�ame on terms �h ds�e u on unpaid '�'-7'
<br /> � collect the rents and revenuea and apply P '_�`'-�
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<br /> interest, principal, t�es or insurance premiums or for .�.�v.-_
<br /> �� I maintenance and preservation of the premises. �..:.—��
<br /> � �.^,-.-.
<br /> l. � Z. The waiver by TRUSTEE or BENEFICIARIES of any default of �_:.���_-.
<br /> � TRUSTORS under this Deed of Trust, on ona occasion, shall not
<br /> .r,n�_.
<br /> � � be or be deemed to be a waiver of any other or similar a-�,�.
<br /> defaults subsequently occurring. «.�_
<br /> �Ll,�.�
<br /> J. If tii:le to any part of the pr�perty herein shall be taken in .l�„y�
<br /> � condemnation proceedings, by right of eminent domain, or , �� ��ti.:
<br /> } similar action, or shall be sold under throat of condemnation, ��,.
<br /> �� all awards, damages and proceeds are hereby asaigned and shall :—
<br /> be paid to the BENEFICIARIES, who shall apply such payment, or ��
<br /> � any part thereof, in their sole �iscr�tian, to the s�!m due at -
<br /> that time on this Deed of Trust and Trust Deed Note, with any _ ,
<br /> �. balance above the amount due hereunder payable to the — ;;__
<br /> TRUSTORS. _ — =
<br /> � -
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<br /> K. The BENEFICIARIES, their agents or representatives, arg hereby �
<br /> � authorized to en�er, at any reasonable time, upon any part of
<br /> the trust property for the purposes of inspectinq the same and 1��
<br /> for the purpose of perforr�ing any of the acts they are
<br /> , authorized to perform under the terms of this Desd of Trust
<br /> and other accompanying doctuments.
<br /> - L� to,s c nstruct d Sand governed�by the g aws of tther State of
<br /> Nebraska for all purposes. - -
<br /> = M. In the event any one or more af the provisions contained in r
<br /> this Deed of Trust, Trust Deed Notes, or any other instrument �_�._ _ _
<br /> ;� given in connection wi�h this transaction, shall �or any F,-
<br /> � : reason be held to be invalid, illegal or unenforceable in any �:�._.
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<br /> = � respect, such invalidity, illegality, or unenforceability - _ ,,,,,,.
<br /> � shall, at the option of the BENE�ICIARIES, not affect any . ---. i -�p,�,
<br /> ' other provisions of this Deed of Trust or Trust Deed Note, but �� -- ^
<br /> ` this Deed of Trust and Trust Deed Note shall be construed as � . �; ,,,, .�;�.;
<br /> � I if such invalid, illegal or unenforceable provision had never :�,,,��-,-tiw �,,:,..
<br />- I been contained therein, it being the intention of the parties .=�v}.�_�i= �•
<br /> - j that the provisions of this Deed of Trust are declared to k,e ��.��-• ^���•��.
<br /> . ;
<br /> severable. ,. •
<br /> ' N. This Deed of Trust shall inure to and bind the heirs, �
<br /> - devisees, personal representatives, successars and assigns of
<br /> � the parties hereto.
<br /> = I
<br /> ' , The TRUSTORS request that a copy of any Notice of Default and
<br /> �L_� ..a. �1.e ��iAraa� _
<br /> jof any Notice of Sale hereunder be maiieci �o �.��i« u� � - ------- - -J'----- -
<br /> � herein set forth, or such other a�dress as they may provide to the � ,
<br /> TRUSTEE and BENEFICIARIES. TRUSTORS f urther state that they have i
<br /> - given the BENEFICIARIES a written Acknowledgment which states tha� ;I
<br /> _ as TRUSTO�tS, they understand that t he document that they are
<br /> - executing herein is a Deed of Trust and not a mortgage, and that ;
<br /> the power of sale provided for in this Deed of Trust provides i
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