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� <br />Loan No: 101254792 D E Co nued)ST 2 012 0 5 7 7 4 Pege 6 <br />terms of the Note. <br />Payment Default. Trustor fails to meet the repayment terms of the Note for any outstending belence. <br />Other Defaults. Trustor's act or failure to ect adversely effects Lender's security interest in the Property, or any <br />right of Lender's in such security. <br />Right to Cure. If eny default, other then e default in payment is curable end ff Trustor hea not been given e notice <br />of a breach of the same provision of this Deed of Truat within the preceding twelve (12) montha, it may be cured if <br />Trustor, after Lender sends written notice to Trustor demending cure of auch default: (1) curea the default within <br />ten (10) days; or (2) if the cure requ(res more than ten (10) days, immedietely initiates steps which Lender deems <br />in Lender's sole discretion to be suff(cient to cure the default and thereafter continues end completes all reasoneble <br />end necessary steps sufficient to produce complience es soon es reasonably practicel. <br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under thfs Deed of Trust, et any time thereafter, <br />Trustee or Lender may exercise any one or more of the following rights and remedies: <br />Acceleration Upon Defauk; Additional Remedies. If any Event of Default occura es per the terms of the Note <br />secured hereby, Lender may declare all Indebtedness secured by this Deed of Trust to be due and payable end <br />the same shall thereupon become due and peyable without any presentment, demand, protest or notice of any <br />kind. Thereafter, Lender mey: <br />(a) Either in person or by agent, with or without bringing any ection or proceed(ng, or by e receiver <br />eppointed by e court and without regard to the adequacy of its secur(ty, enter upon and take possession <br />of the Property, or eny part thereof, in ita own name or in the neme of Trustee, end do eny acts which it <br />deems necessary or desirable to preserve the value, marketability or rentabitity of the Property, or part of <br />the Property or interest in the Property; increase the income from the Properry or protect the security of <br />the Property; and, with or without teking possession of the Property, sue for or otherwise collect the <br />rents, issues and profits of the Property, including those pest due and unpaid, and epply the seme, lesa <br />costs and expenses of operation and collection ettorneys' fees, to any indebtedness secured by this Deed <br />of Trust, all in such order es Lender mey determine. The entering upon and taking possess(on of the <br />Property, the collection of such renta, iasuea and profits, end the application thereof shall not cure or <br />waive any default or notice of detault under this Deed of Truat or invalidate eny act done in response ta <br />such default or pursuant to such notice of default; and, notw(thatanding the continuance In posseasion of <br />the Property or the collection, receipt and application of rents, issues or profita, Trustee or Lender shall <br />be entitled to exercise every right provided for in the Note or the Releted Documents or by law upon the <br />occurrence of any event of default, including the right to exercise the power of sele; <br />(bl Commence an act(on to foreclose this Deed of Trust es e mortgage, appoint e receiver or specifically <br />enforce any of the covenants hereof; and <br />(c) Deliver to Trustee a written dectaretion of default and demand for sale end a written notice of default <br />and electfon to cause Trustor's interest in the Property to be sold, which notice Trustee ahall cause to be <br />duly filed for record in the appropriate offices of the County in which the Property is located; end <br />(d) With respect to all or eny pan of the Personel Property, Lender shell heve all the rights end remedies <br />of a secured perty under the Nebreska 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 and shell deposit with Trustee this Deed of Trust and the Note and such receipts <br />end evidence of expenditures made and 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 end deUvered <br />to Trustor such Notice of Default and Notice of Sele as then required by lew and by this Deed of Trust, <br />Trustee shall, without demand on Trustor, after such time as may then be required by lew end after <br />recordation of such Notice of Default and efter Notice of Sele hav(ng been glven ea required by lew, sell <br />the Property et the time end place of sale fixed by it in auch Notice of Sale, either as e 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 pubUc auction to the highest bidder for cash in lawful money of the United Stetea payable at the time <br />of sale. Trustee shall deliver to such purchaser or purchasers thereof its good end sufficient deed or <br />deeds conveying the property so sold, but without any covenent or warranty, express ar implied. The <br />recitals in such deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any <br />person, including without limitation Trustor, Trustee, or Lender, may purchase at such sale. <br />(b) As may be permitted by law, after deducting all costa, fees and expenses of Trustee end of thia <br />Truat, including costs of evidence of title in connection with sale, Trustee shell apply the proceeds of sale <br />to payment of (i) 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 and late charges, (Ii) sll other sums then <br />secured hereby, and (f(f) the remainder, if any, to the person or persons legally entitled thereto. <br />(c) Trustee may in the manner provided by law postpone sele of all or any portion of the Property. <br />Remedies Not Exclusive. Trustee end Lender, and eech of them, shall be entitled to enforce peyment and <br />performance of any (ndebtedness or obligations secured by this Deed of Trust end to exercfae all rights end powers <br />