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DEED OF TRUST 2 012 � 5 5 2"� <br />Loan No: 101 �547�v0 (Continued) Pa9e � <br />Lender deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and <br />completes all reasonable and necessary steps sufficient to praduce compliance as soon as reasonably practical. <br />RIGHTS AND REMEDIES ON DEFAULT. If�an Event of Default occurs under this Deed of Trust, at any time thereafter, <br />Trustee or Lender may exercise eny one or'more of the following rights and remedies: <br />Acceleration Upon Default; Additional Remedies. If eny Event of Default occurs as per the terms of the Note <br />secured hereby, Lender may declere' all Indebtedness secured by this Deed of Trust to be due and payeble and <br />the seme shall thereupon become due and payeble without any presentment, demand, protest or notice of any <br />kind. Thereafter, Lender may: <br />(a) Either in person or by agent, with or without bringing any action or proceeding, or by a receiver <br />appointed by a court and without regerd to the adequacy of its security, enter upon and take possession <br />of the Property, or eny part thereof, in its own name or in the name ot 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 otherwise collect the <br />rents, issues and profits of the Property, including those past due and unpeid, and apply the same, less <br />costs and expenses of operation and collection ettorneys' fees, to eny indebtedness secured by this Deed <br />of Trust, all in such order as Lender may determine. The entering upon end taking possession of the <br />Property, the collection of sUch rents, issues end profits, and the application thereof shall not cure or <br />waive any default or notice of defeult under this Deed ot Trust or invalidate any act done in response to <br />such default 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 law upon the <br />occurrence of any event of defeult, including the right to exercise the power of sale; <br />(b) Commence an action to foreclose this Deed of Trust as a mortgege, appoint a receiver or specifically <br />enforce any of the covenants hereof; end <br />(c) Deliver to Trustee a written declaretion of default and demand for sale and a written notice of defeult <br />and election to ceuse Trustor's interest in the Property to be sold, which notice Trustee shall cause to be <br />duly filed for record in the appropriate offices of the County in which the Property is loceted; and <br />(d) �th respect to all or any pert of the Personal Property, Lender shall heve all the rights and remedies <br />of a secured party under the Nebresk� Uniform Commercial Code. <br />Foreclosure by Power of Sale. If'Lbnder elects to foreclose by exercise of the Power of Sale herein contained, <br />Lender shall notify Trustee end sha�l,deposit with Trustee this Deed of Trust and the Note end such receipts <br />and evidence of expenditures. m,ade secured by this Deed of Trust as Trustee may require. <br />(a) Upon receipt of such notice�from Lender, Trustee shall ceuse to be recorded, published and delivered <br />to Trustor such Notice of Default and Notice of Sale as then required by law and by this Deed of Trust. <br />Trustee shall, without demend on Trustor, after such time as may then be required by law end after <br />recordation of such Notice of Default and after Notice of Sale having been given as required by lew, sell <br />the Property at the time and place of sale fixed by it in such Notice of Sale, either as a whole, or in <br />separate lots or percels or items as Trustee shell deem expedient, and in such order es 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 sale. Trustee shall deliver to such purchaser or purchasers thereof its good and sufficient deed or <br />deeds conveying the property so sold, but without eny covenant or warranty, express or implied. The <br />recitals in such deed of eny matters or facts shall be conclusive proof of the truthfulness thereof. Any <br />person, including without limitetion Trustor, Trustee, or Lender, may purchase at such sale. <br />(b) As may be permitted by law, after deducting all costs, fees and expenses of Trustee and of this <br />Trust, including costs of evidende of title in connection with sale, Trustee shall apply the proceeds of sale <br />to payment of (i) all suma expended under the terms of this Deed of Trust or under the terms of the Note <br />not then repeid, including but not limited to eccrued interest and late charges, (ii) all other sums then <br />secured hereby, and (iii) the remainder, if any, to the person or persons legally entitled thereto. <br />(c) Trustee may in the manner provided by law postpone sale of all or any portion of the Property. <br />Remedias Not Exclusive. Trustee and Lender, and each of them, shall be entitled to enforce peyment and <br />performance of any indebtedness or obligations secured by this Deed of Trust and to exercise all rights and powers <br />under this Deed of Trust, under the Note, under any of the Related Documents, or under any other agreement ar <br />any lews now or hereafter in torce; notwithstanding, some or ell of such indebtedness and obligetions secured by <br />this Deed of Trust may now or hereefter be otherwise secured, whether by mortgage, deed of trust, pledge, lien, <br />assignment or otherwise. Neither the �cceptance 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, shall prejudice or in any <br />manner affect Trustee's or Lender's right to realize upon or enforce any other security now or hereafter held by <br />Trustee or Lender, it being agreed that Tfustee and Lender, and each of them, shell be entitled to enforce this Deed <br />of Trust and any other security now br hereafter held by Lender or Trustee in such order and manner as they or <br />either of them may in their ebsolute discretion determine. No remedy conferred upon or reserved to Trustee or <br />