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DEED OF TRUST 2 012 0 6 41 �
<br />Loan No: 101255392 (Continued) Page 7
<br />fifteen (15) days; or (2) if the cure requires more then fifteen (15) days, immediately initiates steps which Lender
<br />deems in Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes all
<br />reasoneble end necessary steps sufficient to produce comp8ance as soon as reasonably practicel.
<br />RIGHTS AND REMEDIES ON DEFAULT. If an Event of Defeult occurs under this Deed of Trust, at eny time thereafter,
<br />Trustee or Lender may exercise any one or more of the following rights and remedies:
<br />Accaleration Upon Defeuk; Additional Ramadies. If eny Event of Default occurs as per the terms of the Note
<br />secured hereby, Lender may declare ell Indebtedness secured by this Deed of Trust to be due and peyable end
<br />the same shall thereupon become due and payeble without any presentment, demand, protest or notice of any
<br />kind. Thereafter, Lender may:
<br />(e) Either in person or by agent, with or without bringing any action or proceeding, or by e receiver
<br />appointed by a court and without regard to the adequacy of its security, enter upon and take possession
<br />of the Property, or any part thereof, in its own neme or in the name of Trustee, end do any ects which it
<br />deems necessery or desi�able to preserve the value, marketability or rentability of the Property, or pert 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 teking 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 attorneys' fees, to any indebtedness secured by this Deed
<br />of Trust, all in such order as Lender mey determine. The entering upon end taking possession of the
<br />Property, the collection of such rents, issues and profits, and the application thereof shall not cure or
<br />weive eny default or notice of default under this Deed of Trust or invalidate any act done in response to
<br />such defeult or pursuant to such notice of default; and, notwithstanding the continuance in poasession of
<br />the Property or the collection, receipt and epplication of rents, issues or profits, Trustee or Lender shall
<br />be entltled to exercise every right prov(ded for in the Note or the Releted Documents or by law upon the
<br />occurrence of eny event of default, including the right to exercise the power of sale;
<br />(b) Commence an action ta 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 declaration of default end demand for sele and a written notice of default
<br />and election to cause 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 located; and
<br />(d) With respect to all or any part of the Personal Property, Lender shall have ell the rights end remedles
<br />of a secured party under the Nebreska Uniform Commercial Code.
<br />Foreclosure by Power of Sale. If Lender elects to foreclose by exercise of the Power of Sele herein contained,
<br />Lender shell 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 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 and Notice of Sale as then required by law and by this Deed of Trust.
<br />Trustee ahall, without demand on Trustor, efter such time es may then be required by law and after
<br />recordation of such Notice of Defeult and after Notice of Sale having been given es required by law, sell
<br />the Property at the time and place of sale ftxed by it in such Notice of Sale, either es a whole, or in
<br />seperate lots or parcels or items es Trustee shell deem expedient, end in such order es it may determine,
<br />at public auction to the highest bidder for cash in lawful money of the United Stetes 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 covenent or werranty, expresa or implied. The
<br />recitels in such deed of eny 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 costs, fees and expenses of Trustee and of this
<br />Trust, inctuding costs of evidence of title in connection with sale, Trustee shatl 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) all other sums then
<br />secured hereby, and (iii) the remainder, if any, to the person or persons legally entitled thereto.
<br />(c) T�ustee mey in the manner provided by law postpone sale of all or any portion of the Property.
<br />Remedies Not Exclusive. Trustee end Lender, end each of them, shall be entitled to enforce peyment end
<br />performence of any indebtedness or obligetions 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 or
<br />any Isws now or hereafter in force; notwithstand(ng, some or all of such indebtedness and obligetions secured by
<br />this Deed of Trust may now or hereafter be otherwise secured, whether by mortgage, deed of trust, pledge, lien,
<br />essignment or otherwise. Neither the acceptance of this Deed of Trust nor its enforcement, whether by court
<br />ection 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 realize upon or enforce any other security now or hereafter held by
<br />T�ustee or Lender, it being agreed that Trustee end Lender, end 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 menner as they or
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