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201305622 <br /> (d) There shall be filed by or against Trustor or Borrower an action under any present or future federal,state or <br /> other statute, law or regulation relating to bankruptcy,insolvency or other relief for debtors;or there shall be <br /> appointed any trustee,receiver or liquidator of Trustor or Borrower or of all or any part of the Property,or the rents, <br /> issues or profits thereof,or Trustor or Borrower shall make any general assignment for the benefit of creditors; <br /> (e) The sale,transfer,lease, assignment,conveyance or further encumbrance of all or any part of or any interest in <br /> the Property,either voluntarily or involuntarily,without the express written consent of Lender;provided that Trustor <br /> shall be permitted to execute a lease of the Property that does not contain an option to purchase and the tern of <br /> which does not exceed one year; <br /> (f) Abandonment of the Property;or <br /> (g) If Trustor is not an individual,the issuance, sale,transfer,assignment,conveyance or encumbrance of more than <br /> (if a corporation)a total of NA percent of its issued and outstanding stock,or(if a partnership)a total of NA <br /> percent of partnership interests,or(if a limited liability company)a total of NA percent of the limited liability <br /> company interests or voting rights during the period this Deed of Trust remains a lien on the property. <br /> 12. Remedies;Acceleration Upon Default. In the event of any Event of Default Lender may,without <br /> notice except as required by law,declare all indebtedness secured hereby to be due and payable and the same shall <br /> thereupon become due and payable without any presentment,,demand,protest or notice of any kind. Thereafter <br /> Lender may; <br /> (a) Demand that Trustee exercise the POWER OF SALE granted herein,and Trustee shall thereafter cause <br /> Trustor's interest in the Property to be sold and the proceeds to be distributed, all in the manner provided in the <br /> Nebraska Trust Deeds Act; (b) Exercise any and all right provided for in any of the Loan Instruments or by law <br /> upon occurrence in any Event of Default;and <br /> (c) Commence an action to foreclose this Deed of Trust as a mortgage,appoint a receiver,or specifically enforce <br /> any of the covenants hereof. <br /> No remedy herein conferred upon or reserved to Trustee or Lender is intended to be exclusive of any other remedy <br /> herein,in the Loan Instruments or by law provided or permitted,but each shall be cumulative,shall be in addition to <br /> every other remedy given hereunder,in the Loan.Instruments or now or hereafter existing at law or in equity or by <br /> statute,and may be exercised concurrently,independently or successively. <br /> 13. Trustee. The Trustee may resign at any time without cause,and Lender may at any time and without <br /> cause appoint a successor or substitute Trustee. Trustee shall not be liable to any party,including without limitation <br /> Lender,Borrower,Trustor or any purchaser of the Property,for any loss or damage unless due to reckless or willful <br /> misconduct,and shall not be required to take any action in connection with the enforcement of this Deed of Trust <br /> unless indemnified,in writing,for all cost,compensation or expenses which may be associated therewith. In <br /> addition,Trustee may become a purchaser at any sale of the Property(judicial or under the power of sale granted <br /> herein);postpone the sale of all or any portion of the Property,as provided by law;or sell the Property as a whole,or <br /> in separate parcels or lots at Trustee's discretion. <br /> 14. Fees and Expenses. In the event Trustee sells the Property by exercise of power of sale,Trustee shall <br /> be entitled to apply any sale proceeds first to payment of all costs and expenses of exercising power of sale, <br /> including all Trustee's fees,and Lender's and Trustee's attorney's fees,actually incurred to extent permitted by <br /> applicable law. In the event Borrower or Trustor exercises any right provided by law to cure an Event of Default, <br /> Lender shall be entitled to recover from Trustor all costs and expenses actually incurred as a result of Trustor's <br /> default,including without limitation all Trustee's and attorney's fees,to the extent permitted by applicable law. <br /> 15. Future Advances. Upon request of Borrower,Lender may,at its option,make additional and future <br /> advances and readvances to Borrower. Such advances and readvances,with interest thereon,shall be secured by this <br /> Deed of Trust. At no time shall the principal amount of the indebtedness secured by this Deed of Trust,not <br /> including sums advanced to protect the security of this Deed of Trust,exceed the original principal amount stated <br /> herein,or$ 75,000.00 ,whichever is greater. <br /> 16. Miscellaneous Provisions. <br /> (a) Borrower Not Released. Extension of the time for payment or modification of amortization of the sums <br /> secured by this Deed of Trust granted by Lender to any successor in interest of Borrower shall not operate to release, <br /> in any manner,the liability of the original Borrower and Borrower's successors in interest. Lender shall not be <br /> required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify <br /> amortization of the sums secured by this Deed of Trust by reason of any demands made by the original Borrower <br /> and Borrower's successors in interest. <br /> (b) Lender's Powers. Without affecting the liability of any other person liable for the payment of any obligation <br /> herein mentioned,and without affecting the lien or charge of this Deed of Trust upon any portion of the Property not <br /> then or theretofore released as security for the full amount of all unpaid obligations,Lender may, from time to time <br /> and without notice(1)release any person so liable,(ii)extend the maturity or alter any of the terms of any such <br /> obligations, (iii)grant other indulgences,(iv)release or reconvey,or cause to be released or reconveyed at any time <br /> at Lender's option any parcel,portion or all of the Property,(v)take or release any other or additional security for <br /> any obligation herein mentioned,or(vi)make compositions or other arrangements with debtors in relation thereto. <br /> (c) Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy <br /> hereunder,or otherwise afforded by applicable law,shall not be a waiver of or preclude the exercise of any such <br /> right or remedy. The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not <br /> be a waiver or Lender's right to accelerate the maturity of the indebtedness secured by this Deed of Trust. <br /> (d) Successors and Assigns Bound;Joint and Several Liability; Captions. The covenants and agreements <br /> herein contained shall bind,and the rights hereunder shall inure to,the respective successors and assigns of Lender <br /> and Trustor. All covenants and agreements of Trustor shall be joint and several. The captions and headings of the <br /> paragraphs of this Deed of Trust are for convenience only and are not to be used to interpret or define the provisions <br /> hereof. <br /> (e) Request for Notices. The parties hereby request that a copy of any notice of default hereunder and a copy of <br /> any notice of sale hereunder be mailed to each party to this Deed of Trust at the address set forth above in the <br /> manner prescribed by applicable law. Except for any other notice sent required under applicable law to be given in <br /> another manner,any notice provided for in this Deed of Trust shall be given by mailing such notice by certified mail <br /> addressed to the other parties,at the address set forth above. Any notice <br />