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20130768S <br />G. Misrepresentation. Grantor makes any verbal or written statement or provides any <br />financial information that is untrue, inaccurate, or conceals a material fact at the time it is <br />made or provided. <br />H. Judgment. Grantor fails to satisfy or appeal any judgment against Grantor. <br />I. Forfeiture. The Property is used in a manner or for a purpose that threatens confiscation <br />by a legal authority. <br />J. Name Change. Grantor changes Grantor's name or assumes an additional name without <br />notifying Lender before making such a change. <br />K. Property Transfer. Grantor transfers all or a substantial part of Grantor's money or <br />property. This condition of default, as it relates to the transfer of the Property, is subject to <br />the restrictions contained in the DUE ON SALE section. <br />L. Property Value. Lender determines in good faith that the value of the Property has <br />declined or is impaired. <br />M. Insecurity. Lender determines in good faith that a material adverse change has occurred <br />in Grantor's financial condition from the conditions set forth in Grantor's most recent <br />financial statement before the date of this Security Instrument or that the prospect for <br />payment or performance of the Secured Debts is impaired for any reason. <br />14. REMEDIES. On or after the occurrence of an Event of Default, Lender may use any and all <br />remedies Lender has under state or federal law or in any document relating to the Secured <br />Debts, including, without limitation, the power to sell the Property. Any amounts advanced on <br />Grantor's behalf will be immediately due and may be added to the balance owing under the <br />Secured Debts. Lender may make a claim for any and all insurance benefits or refunds that <br />may be available on Grantor's default. <br />Subject to any ri cu �° _ � ir ti ed�� 4 a of noti rights Grantor may <br />have under fede ount owing by the <br />terms of the Se _red DB�t =dia v'�� e f •� s- z� I " rument in a manner <br />provided by law <br />If there is an occurrence of an Event of Default, Trustee will, in addition to any other permitted <br />remedy, at the request of Lender, advertise and sell the Property as a whole or in separate <br />parcels at public auction to the highest bidder for cash. Trustee will give notice of sale <br />including the time, terms and place of sale and a description of the Property to be sold as <br />required by the applicable law in effect at the time of the proposed sale. <br />To the extent not prohibited by law, Trustee will apply the proceeds of the Property's sale in <br />the following order: to all fees, charges, costs and expenses of exercising the power of sale and <br />the sale; to Lender for all advances made for repairs, taxes, insurance, liens, assessments and <br />prior encumbrances and interest thereon; to the Secured Debts' principal and interest; and <br />paying any surplus as required by law. Lender or its designee may purchase the Property. <br />Upon any sale of the Property, Trustee will make and deliver a special or limited warranty deed <br />that conveys the property sold to the purchaser or purchasers. Under this special or limited <br />warranty deed, Trustee will covenant that Trustee has not caused or allowed a lien or an <br />encumbrance to burden the Property and that Trustee will specially warrant and defend the <br />Property's title of the purchaser or purchasers at the sale against all lawful claims and demand <br />of all persons claiming by, through or under Trustee. The recitals in any deed of conveyance <br />will be prima facie evidence of the facts set forth therein. <br />All remedies are distinct, cumulative and not exclusive, and Lender is entitled to all remedies <br />provided at law or equity, whether or not expressly set forth. The acceptance by Lender of any <br />KELLY T. CONNELLY <br />Nebraska Deed Of Trust Initials I,�/J <br />NE/ 4XXDIANNK00000000000665062091013N Wolters Kluwer Financial Services ©1996, 2013 Bankers age 5 4 �C <br />SystemsTM <br />