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DEED OF TRUST
<br />Loan No: 101255095 (Continued)
<br />2Q1��59��
<br />Page 6
<br />within ten (10) days; or (2) if the cure requires more than tert (10) days, immediately initfates steps which Lender
<br />deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all
<br />reasonable and necessary steps sufficient to produce 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 any one or more of the following rights and remedies:
<br />Acceleration Upon Defeult; Additional Remedies. If any Event of Default occurs 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 tf�ereupon become due end payable without any presentment, demand, protest or notice of anq
<br />kind. Tllereafter, Lender may:
<br />(a) Either in person or by agent, with or without bringing any ectior� or proceeding, or by a receiver
<br />appointed by a court and without regard to the adequacy of its security, enter upon and take possesslon
<br />of the Property, or any pert thereof, in its own name or in the name of Trustee, a�d do any ects which it
<br />deems Aecessary or desirabie to preserve the value, marketability or rentability of the Property, or part of
<br />the Property or interest in the Pro�erty; 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 end profits of the Property, including those past due end unpaid, and apply the same, less
<br />costs end expenses of operation and collection attorneys' fees, to eny indebtedness secured by this Deed
<br />of Trust, ail in such order as Lender may determine. The entering upon and teking possession of the
<br />Property, the collection of such rents, issues and profits, and the application thereof shall not cure or
<br />waiva any default or notice of defeult under this Deed of Trust or invalidate any act done in response to
<br />such default or pursuant to such notice of defeult; and, notwithstending 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 ot default, including the right to exercise the power of sale;
<br />(b) Commence an action to foreclose this Deed of Trust as e mortgage, appoint a receiver or specifically
<br />enforce any of the covenants hereof; and
<br />(c) Deliver to Trustee a written declaretion of default and demand for sale and a written notice of default
<br />and election to ceuse Trustor's interest in the Property to be sold, which notice Trustee shell cause 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 all or any part of the Personel Property, Lender shall have all the rights and remedies
<br />of a secured party under the Nebraska Uniform Commerciel 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 shall deposit with Trustee this Deed of Trust and the Note and such receipts
<br />and evidence of expenditures made and secured by this Deed of Trust as Trustee mey require.
<br />(a) Upon receipt of such notice from Lender, Trustee shall cause to be recorded, published end 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 sNall, without demand on Trustor, after such titne as may then be required by law and efter
<br />recordation of such Notice of Default and after Notice of Sale having been given es required by law, sell
<br />the Property at the time end place of sale fixed by it in such Notice of Sale, either as e whole, or in
<br />separate lots or parcels or items es Trustee shall 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 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 any covenant or werrenty, express or implied. The
<br />recitals in such deed of any matters or facts shall be conclusive proof of the truthfulr�ess thereof. Any
<br />person, i�icluding without limitation 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 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 cherges, (ii) all other sums theri
<br />secured hereby, and (iii) the remainder, if any, to the person or persons legally entitied thereto.
<br />lc) Trustee may in the manner provided by law postpone sale of all or any portion of the Property.
<br />Remedies Not Exclusive. Trustee and Lender, and each of them, shell be entitled to enforce payment 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 Releted Docur�tents, or under any other egreement or
<br />any •laws now or hereafter in force; notwithstanding, some or ell ot such indebtedhess and obligations secured by
<br />this Deed of Trust may now or hereafter be otherwise secured, whether by tnortgage, deed of trust, pledge, lien,
<br />assignment or otherwise. Neither the acceptahce 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 thet Trustee and Lender, end each of them, shall be entitled to enforce this Deed
<br />of Trust and any other security now or hereefter held by Lender or Trustee in such order and manner as they or
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