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<br />failure to cure the default on or before the date specified in the notice may result in acceleration
<br />of the sum secured by this security instrument and resale of the properiy. The notice shall further
<br />inform Borrower of the right to reinstate, after acceleration, and the right to bring a court action
<br />to assert the nonexistence of a default or any other defense of Borrower to acceleration and sale.
<br />If default is not cured on or before the date specified in the notice, Lender, at their option, may
<br />require immediate payment in full of all sums secured by this security instrument without further
<br />demand and may invoke the power of sale and any other remedies pernutted by Nebraska law.
<br />Lender shall be entitled to collect all expenses incurred, but not limited to, a reasonable attorney
<br />fee and costs of title evidence.
<br />12. If the power of sale is invoked, Trustee shall record a notice of default in Hall
<br />County Nebraska, where the property is located and shall mail copies of such notice in the
<br />manner prescribed by Nebraska law. Trustee shall give public notice of sale to the persons and in
<br />the manner prescribed by Nebraska law. Trustee, without demand on Borrower, shall sell the
<br />property at public auction to the highest bidder at the time and place and under the terms
<br />designated in the notice of sale in one or more parcels and in any order Trustee determines.
<br />Trustee may postpone sale of all or any parcel of the properly by public a.nnouncement at the time
<br />and place of any previously scheduled sale. Lender or its designee may purchase the property at
<br />any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's
<br />Deed conveying the property. The recitals in the Trustee's Deed shall be prima facie evidence of
<br />the trust of the statements made therein. Trustee shall apply the proceeds of sale in the following
<br />order: (a) to all expenses of the sale, including, but not limited to, Trustee's fees as pernutted by
<br />Nebraska law and reasonable attorney's fees; (b) to all sums secured by this security instntment;
<br />and (c) any excess to the person or persons legally entitled to it.
<br />13. Beneficiaries shall have the right, power and authority, during the continuance of
<br />this Trust Deed, to collect the rents, issues and profits of the property with or without taking
<br />possession of the property, and Trustor hereby absolutely and unconditionally assigns all such
<br />rents, issues and profits to Beneficiaries. This assignment of rents, issues and profits as herein
<br />provided is intended to be an absolute assignment from Trustor to Beneficiaries, contingent only
<br />upon Trustor's default hereunder or with respect to the payment of any indebtedness secured
<br />hereby, and this assignment is not merely the passing of a security interest. Trustor hereby gives
<br />to and confers upon Beneficiaries the right, power and authority to collect such rents, issues and
<br />profits, and Trustor hereby irrevocably appoint Beneficiaries its true and lawful attorney-in-fact,
<br />at the option of Beneficiaries, at any time and from time to time, to demand, receive and enforce
<br />payment, to give receipts, releases and satisfactions, and to sue in the name of Trustor or
<br />Beneficiaries, for all such rents, issues and profits, and to apply the same to the indebtedness
<br />secured hereby. Beneficiaries, however, consent to the Trustor�s collection and retention of such
<br />rents, issues and profits as they accrue and become payable so lnng as Trustor is not, at such
<br />times, in default with respect to payment of any indebtedness secured hereby or in the
<br />performance of any agreement hereunder. Upon any such default, Beneficiaries may, at any time,
<br />either in person, by agent, or by a receiver to be appointed by a court, without notice and without
<br />regard to the adequacy of any security for the indebtedness hereby secured, (a) enter upon and
<br />take possession of the property or any part thereof, and in its own name, or in the name of
<br />Tnzstor, sue for or otherwise collect such rents, issues and profits with respect to the property,
<br />including those past due and unpaid, and apply the same, less costs and expenses of operation
<br />and collection, including reasonable attorney's fees, upon any indebtedness secured hereby, and
<br />in such order as Beneficiaries may deternune; (b) perform su�h acts of repair or protection as
<br />may be necessary or proper to conserve the value of the property; and (c) lease the property, or
<br />any part thereof, for such rental term and upon such conditions as its judgment may dictate.
<br />Unless Trustor and Beneficiaries agree otherwise in writing, any application of rents, issues and
<br />or profits to any indebtedness secured hereby shall not extend or postpone the due date of the
<br />installment payments as provided in the note or change the amount of such installments.
<br />The entering upon and taking possession of the property, the collection of such rents,
<br />issues and profits therefrom, and the application thereof as aforesaid, shall not waive or cure any
<br />default or notice of default hereunder, or invalidate any act done pursuant to such notice. Trustor
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