201304028
<br /> Ofig; OF m" utr
<br /> Loon Nol 1012685517 (COfltitlued) Page CI
<br /> Other Defatt de, Trustor's act or failure to act adversely affects Lender's security interest In the Property, or any
<br /> tight of Lender's In such security.
<br /> Right to Cure. If any dotsult, Other than a default in payment is curable and if Treater has not been given a notice
<br /> of a breach of the same provision of this Deed of Trust within the preceding twelve (121 months, it may he cured if
<br /> Truster, after Lender sends written notice to Truator demanding cure of such default: (1) cures the default within
<br /> ten 1101 days; or (21 if the cure requires more than ten (10) days, immediately initiates steps which Lender deems
<br /> In Lender's sole discretion to be sufficient to cure the default and thereafter continues and completes ell reasonable
<br /> end necessary stops 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 Default; Additional Remedies, If any Event of Default occurs as per the terms of the Note
<br /> secured hereby, Lender may dealers all Indebtedness secured by this Deed of Trust to be due and payable end
<br /> the same shell thereupon become due and payable 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 regard to the adequacy of Its security, enter upon and take possession
<br /> of the Property, or any pert thereof, in its own name or In the name of Trustee, and do any ants which it
<br /> deems necessary or desirable to preserve the value, marketability or rentability of the Property, or part of
<br /> the Property Cr Interest in the Property; Increase the income from the Property or protect the security of
<br /> the Property; and, with or without taking peeeeeeion of the Property, sue for or otherwise collect the
<br /> tents, issues end profits of the Property, including those past due and unpaid, and apply the same, lase
<br /> frosts 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 euch rents, issues and profits, and the application thereof shall not cure or
<br /> waive any default or notice of default under this Deed of 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 prof Its, Trustee or Lender shall
<br /> ee 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 default, including the right to exercise the power of sale;
<br /> (b) Commence an action to foreclose this peed of Trust as a mortgage, appoint a receiver or specifically
<br /> enterers any of the covenants hereof; end
<br /> (c) Deliver to Trustee a written declaration of default and demand for eels and a written notice of default
<br /> and election to cause Truator'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 /> (di With respect to all or any part of the Personal Property, Lender shall have all the rights and remedies
<br /> of a secured party under the Nebraska Uniform Commercial Code.
<br /> Foreclosure by Power of Sale. If Lender elects to foreclose by exorcise of the Power of Salo 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 may require.
<br /> (a) Upon receipt of such notice from Lender, Trustee shall cause to be recorded, published and delivered
<br /> to Truster such Notice of Default and Notice of Sale as then required by law and by this Deed of Trust.
<br /> Trustee shall, without demand 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 law, sell
<br /> the Property at the time end piece of sale fixed by it in such Notice of Sale, either as a whole, or in
<br /> separate lots or percale 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 /> deeda conveying the property so sold, but without Any covenant or warranty, express or implied. The
<br /> recitals in such deed of env matters or facts shall be conclusive proof of the truthfulness thereof. Any
<br /> person, Including without limitation Truster, Trustee, or Lender, may purchase at such sale.
<br /> (b) As may be permitted by law, after deducting ail costs, fees and expenses of Trustee and of this
<br /> Trust, Including costs of evidence of title in connection with solo, Trustee shell apply the proceeds of sale
<br /> to payment of (I) all sums expended under the term;of this Dead of Trust or under the terms of the Note
<br /> net then repaid, Including but not limited to accrued interest and late charges, (II) all other sums then
<br /> secured hereby, and (AI) the remainder, If any, to the parson or persons leaaily entitled thereto.
<br /> (el 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, shall bo 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 Related Documents, or under any other agreement or
<br /> any laws now or hereafter in force; notwithstanding, some or all of such indebtedness and obligations secured by
<br /> this Deed of Trust refry new or hereafter be otherwise assured, whether by mortgage, deed of trust, pledge, lien;
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