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<br />3. To the payment of junior Trust Deeds, mortgages, or other lien holders;
<br />4. The balance, if any, to the person or persons legally entitled thereto.
<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 properly.
<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 sha11 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 properiy is situated, shall be conclusive proof of proper appointrnent of the
<br />successor TRUSTEE. T'he foregoing power of substitution and the procedure therefore
<br />sha11 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 named herein.
<br />G. TRUSTOR covenants and agrees that upon any attempted conveyance, assignment, pledge
<br />or transfer of any of his interest in the premises during the term of the loan secured hereby,
<br />the BENEFICIARIES shall have the option of declaring the unpaid 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.
<br />H. As additional and collateral security for the loan, and effective forthwith upon filing of a
<br />Notice of Default, this instrument sha11 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 properiy, 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.
<br />I. The waiver by TRUSTEE or BENEFICIARIES of any default of TRUSTOR under this
<br />DEED OF TRUST, on one occasion, sha11 not be or be deemed to be a waiver of any other
<br />or similaz defaults subsequently occurring.
<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 sha11 be paid to the
<br />BENEFICIARIES, who sha11 apply such payment, or any part thereof, in their sole
<br />discretion, to the sum 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 TRUSTOR.
<br />K. The BENEFICIARIES, their agents or representa.tives, 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 perfomung any of the acts they aze authorized to perform
<br />under the terms of this DEED OF TRUST and other accompanying documents.
<br />L. This DEED OF TRUST and all accompanying documents aze subject to, constructed and
<br />governed by the laws of the State of Nebraska for all purposes.
<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 sha11, at the option of the BENEFICIARIES, not affect any
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