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<br />Loan No: 7 07 251021
<br />DEED OF TRUST
<br />(Continued)
<br />20120225�
<br />Page 7
<br />the same shall thereupon become due and payable wfthout any presentment, demand or protest of any kind.
<br />Thereafter, Lender may:
<br />(a) Either in person or by agent, with or without bringing eny action or proceeding, or by a receiver
<br />appointed by a court and without regard to the adequacy of its security, enter upon end teke possessian
<br />of the Property, or any part thereof, in its own neme or in the name of Trustee, and do any acts which it
<br />deems necessary or desirable to preserve the value, marketability or rentebility of the Property, or part of
<br />the Property or interest in the Property; increase the income from the Property or protect the security of
<br />the Property; and, with or without taking possession of the Property, sue for or othen�vise collect the
<br />rents, issues and profits of the Properry, including those past due and unpaid, and apply the same, less
<br />costs and expenses of operation and collection attorneys' fees, to any indebtedness secured by this Deed
<br />of Trust, all in such order as Lender may determine. The entering upon and taking possession of the
<br />Property, the collection of such rents, issues and profits, and the applicetion thereof shall not cure or
<br />waive any defeult or notice of default under this Deed of Trust or invelidate eny act done in response to
<br />such defeult or pursuant to such notice of default; and, notwithstanding the continuance in possession of
<br />the Property or the collection, receipt and application of rents, issues or profits, Trustee or Lender shall
<br />be entitled to exercise every right provided for in the Note or the Related Documents or by lew upon the
<br />occurrence of any event of defau�t, including the right to exerclse the power of sale;
<br />ib) Commence an action to foreclose this Deed of Trust es a mortgage, appoint e receiver or specifically
<br />enforce any of the covenants hereof; end
<br />(c) Deliver to Trustee a written decleration of default and demend for sale and a written notice of defeult
<br />end election to cause Trustor's interest in the Properry to be sold, which notice Trustee shall ceuse to be
<br />duly filed for record in the appropriate offices of the County in which the Property is located; and
<br />(d) With respect to ell or any pert of the Personal Property, Lender shall heve all the rights and remedies
<br />of e secured party under the Nebreske Uniform Commercial Code.
<br />Foreclosure by Power of Sale. If Lender elects to foreclose by exercise of the Power of Sale herein contained,
<br />Lender shall notify Trustee end shall deposit with Trustee this Deed of Trust and the Note and such receipts
<br />and evidence of expenditures mede end secured by this Deed of Trust es Trustee may require.
<br />(a) Upon receipt of such notice from Lender, Trustee shall cause to be recorded, published and delivered
<br />to Trustor such Notice of Default end Notice of Sale as then required by law and by this Deed of Trust.
<br />Trustee shall, without demand on Trustor, after such tlme as may then be required by law and after
<br />recordation of such Notice of Default end efter Notice of Sale having been given as required by law, sell
<br />the Property at the time and place of sale fixed by it in such Notice of Sale, either es a whole, or in
<br />separate lots or parcels or items as Trustee ahall deem expedient, and in such order as it may determine,
<br />at public auction to the highest bidder for cash in lawful money of the United States payable at the time
<br />of sele. Trustee shall deliver to such purchaser or purchesers thereof its good and sufficient deed or
<br />deeds conveying the property so sold, but without eny covenent or warranty, express or implied. The
<br />recitels in such deed of any matters or facts shell be conclusive proof af the truthfulness thereof. Any
<br />person, including without limitation Trustor, Trustee, or Lender, may purchese at such sale.
<br />(b) As mey be permitted by law, after deducting all costs, fees and expenses of Trustee and of this
<br />Trust, including costs of evidence of title in connection with sele, Trustee shall epply the proceeds of sale
<br />to peyment of (1) all sums expended under the terms of this Deed of Trust or under the terms of the Note
<br />not then repaid, including but not limited to accrued interest end late charges, (ii) all other sums then
<br />secured hereby, and (iii) the remainder, if any, to the person or persons legelly entitled thereto.
<br />(c) Trustee may in the manner provided by law postpone sale of all or any portion of the Property.
<br />Remedies Not Exclusive. Trustee end Le�der, and each of them, shall be entitled to enforce payment and
<br />performence of any indebtedness or obligations secured by this Deed of Trust and to exercise ell rights and powers
<br />under this Deed of Trust, under the Note, under eny of the Related Documents, or under any other agreement or
<br />any laws now or hereafter in force; notwithstanding, some or all of such indebtedness and obligetions secured by
<br />this Deed of Trust may now or hereafter be othervvise secured, whether by mortgege, deed of trust, pledge, lien,
<br />essignment or otherwise. Neither the acceptance of this Deed of Trust nor its enforcement, whether by court
<br />action or pursuant to the power of sale or other powers contained in this Deed of Trust, shell prejudice or in any
<br />manner affect Trustee's or Lender's right to reaUze upon or enforce any other security now or hereafter held by
<br />Trustee or Lender, it being agreed that Trustee and Lender, and each of them, shall be entitled to enforce this Deed
<br />of Trust and any other security now or hereafter held by Lender or Trustee in such order and manner as they or
<br />either of them may in their absolute discretion determine. No remedy conferred upon or reserved to Trustee or
<br />Lender, is intended to be exclusive of any other remedy in this Deed of Trust or by law provided or permitted, but
<br />each shell be cumulative and shall be in addition to every other remedy given in this Deed of Trust or now or
<br />hereafter existing at law or in equity or by statute. Every power or remedy given by the Note or eny of the Related
<br />Documents to Trustee or Lender or to which either of them may be otherwise entitled, may be exercised,
<br />concurrently or independently, from time to time and as often as may be deemed expedient by Trustee or Lender,
<br />and either of them may pursue incons(stent remedies. Nothing in this Deed of Trust shall be construed as
<br />prohibiting Lender ftom seeking a deficiency judgment egainst the Trustor to the eMent such actfon is permitted by
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