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gg- 116146
<br />1 p, !ln3ig :meat nERcnug, Trustor hereby assigns to Lender the rents, issues and
<br />profits of the Property, provided that Trustor shall, until the occurrence of an Event of
<br />Default hereunder, have the right to collect and retain such rents, issues and profits as
<br />they become due and payable. Upon the occurrence of an Event of Default, Lender may,
<br />either in person or by agent, with or without bringing any action or proceeding, or by a
<br />receiver appointed by a court and without regard to the adequacy of its security, enter
<br />upon and take possession of the Property, or any part thereof, in its own name or in the
<br />name of the Trustee, and do any acts which it deems necessary or desirable to preserve
<br />the value, marketability or rentability of the Properly, or any part thereof, or interest
<br />therein, increase the income therefrom, or protect the security thereof, and, with or with-
<br />out taking possession of the Property, sue for, or otherwise collect, the vents, issues and
<br />pmfits thereof, including those past due and unpaid, and apply ft, same, less costs and
<br />expenses of operation and collection including attorney's fees, upon any indebtedness
<br />secured hereby, all in such order as Lender may determine. 'The entering upon and taking
<br />possession of the Property, the collection of such rents, issues and profits and the
<br />application thereof as aforesaid, shall not cure or waive any default or notice of default
<br />hereunder or invalidate any act done in response to such default or pursuant to such
<br />notice of default and, notwithstanding the continuaw'. in possession of the Property or
<br />the collection, receipt and application of rents, issues or trofits, and Trustee and Lender
<br />shall be entitled to exercise every right provided for herew or by l> w upon occurrence of
<br />any Event of Default, including without limitation the right to rm�rcise the power of sale.
<br />Further, Lender's rights and remedies under this paragraph sha ➢ �a cumulative with, and
<br />in no way a limitation on, Lender's rights and remedies under any assignment of leases
<br />and rifts recorded against the Property. I..ender, Trustee and the receiver shall be liable
<br />to account only for those rents actually received.
<br />11. Eyrynq of _ -f 11t. The following shall constitute an Event of Default under
<br />this Deed of Trust:
<br />(a) Failure to pay any installment of pi;incipii�l r.:r interest or any
<br />09MCr sum secured hereby when due; _
<br />(b) A breach of, or default u pa r;. �va.3. .covision contained in the ; f,
<br />Note, this Deed of Trust, any of the Loan ibip;,nruments, or any other lien or
<br />encumbrance upon the Property; '
<br />shall
<br />(c) Ai swirt l b a ie
<br />be entered ag an Tivtor hchsha b lien on Property or
<br />any portion or interest therein;
<br />(d) There shall be filed by or against Tnustor br - Borrower an
<br />action under any present or future federal, state or other statute, law or
<br />regulation relating to bankruptcy, insolvency or other relief for debtors, or
<br />there shall be appointed any trustee, recew. or liquidator of Trustor or
<br />Borrower or of all or any per
<br />t &,,qbp per Praktity, rents, issues or profit
<br />thereof, or Truster or Borrower shall make any general assignment for the
<br />benefit of creditors;
<br />(e) The sale, transfer, assipmeriL conveyance or further encum-
<br />br of all or any part of or any interest in the Property, either
<br />vo unwarily or involuntarily, without the express written consant of Lender
<br />or as otherwise herein permitted; or
<br />(f) Abandonment of ttb r: ftwv. '.
<br />12. Be**1e1;es• Acceleration U >n Uzb& In the event of any Event of Defisiltlilt,
<br />illrnder may, without notice except as required by law, declaic all twdleht�edlness secured
<br />;hc -reby to be due and payable, and the same shall thereupon b"M rtGt�re �1� PaY
<br />without any presentment, demand, M. otest or notice of any laPI. Them.at tor, Lender may:
<br />(a) Demand that Tr'ngee exercise the PD'WM OF SALE granted
<br />_1_11 ALA..��A�..............'r.. #njoe;nt/MrSf in tlw Property
<br />Ilerein, aria lrMLCU WIM-1 Um.&vmaws ...•.�•. • " �'-- — Vi ed In
<br />to be sold and the procee& to be distributed, all in the manner pro
<br />the Nebraska Trust De©N Art;
<br />(b) Exercise auk+ and all rights provided for in the Note, this Deed
<br />of Trust or by law upon occurrence of any Event of Default; and
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