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��14��1�9
<br /> �EE� �F `TRLJ�1'
<br /> Loan NoR ��1�7�555 ��o���r�u�d� Page 7
<br /> the instrument se�uring such indebtedness and is nv� cured during any applicable gra�e period in such instrument,
<br /> or any suit ar ath�r actian is cammenced�a foreclose any e�cisting lien❑n the Property.
<br /> Right to Cure. l�any defaulf. other than a default in paymen�t is curable and if Trus�or has nQt been gi�en a n�tice
<br /> of a breach❑f the same pro��sion o�this Qeed of Trust within the prec�ding twelve {��} m�n�hs, it may be cured i�
<br /> Trustor, after Lender sends wri�ten natice to g�rrower demanding cure of such defau�t: �1� cures the default
<br /> wifihin fifteen {15} days; or �2� if the �ure requires more than fi�teen {15} days. immediately inifiiates steps which
<br /> Lender deems in Lender's sa�e discre�i�n to be suf�icient tv cure �he de�ault and �khereafter continues and
<br /> comple�es all reas�nable and necessary steps sufficient to produ�e compliance as soan as reas�nably practical,
<br /> RIGHTS AIVD REMEQIES flN DEFAULT. If an Event af l�efault occurs und�r this Deed o�F Trust, at any time th�reaft�r,
<br /> Trustee vr Lender may exercise any one or more of the�ol��wing rights and remedies:
<br /> Acc�leration Upvn Default; Additianal Rem�dEes. If any Even� of Default occurs as per�he terms of the Note
<br /> s�cured hereby, Lender may dec[are al! Indebt�dness secured by�his Deed af Trus�ta �e du� and payable and
<br /> the sam�shall ther�upon �ecome due and payable v�rithou�t any presentment, demand, protest vr natice af any
<br /> ltind. Thereafter, Lender may:
<br /> �ay Either in pers�n or by agent, wi�h vr without bringing any action ar proceedin�, ❑r by a receiv�r
<br /> appainted by a court and withou� regard to the adequacy ofi its s�curity, enter upvn and tak� pvssess�an
<br /> of the Proper�y. vr any part thereof, in its own name vr in the name o�Trustee, and d❑ any acts which it
<br /> deems necessary�r desErable ta preserWe the �alue, mark�tability❑r rentability of the Property, �r par�of
<br /> the Proper�ty or in�erest in �he Property, increase the income from the Property or prot�c��he securi�y o�
<br /> th� Praperty; and. with �r without taking pvssession of the Prap�r�y, sue for or otherwise callect the
<br /> rents, issu�s and profits o� the Property, including those past due and unpaid, and apply �he same, less
<br /> �nsts and expenses �f opera�ion and collectivn attorneys' fees, ta any indebtedness secured by this Dee�
<br /> of Trus�� a!! in such ❑rder as Lender may determEne. The �n�ering upon and taking pvssession afi the
<br /> Prop�rty, �he collec�ion of such rents, issues and profits, and �he applicafiion thereof shal! nat cure or
<br /> wai�e any default or notice of default under this ❑eed of Trust or in�alidate any ac� don� in response to
<br /> such de�ault ar pursuant to su�h notice of defaul�; and, notwiths�anding the �ontinuanc� in possessian of
<br /> the Property or the cvfle�tion, receipt and appfication of ren�s, issues vr prvf�ts. T�ustee �r Lender shall
<br /> be entitled to exercise eWery right prov�ded �ar in the IV�te or th� Reiated Documents ar by law up�n the
<br /> occurrence of any eWent of default, incfuding fihe right�v ex�rcise the power o�sale;
<br /> {b} Cammence an acti�n �to foreclose this Deed o�Trust as a mortgage, appoint a recei�er or sp�cifical�y
<br /> enforce any vf the c��enan�s hereaf; and
<br /> {c� D�1�Wer t�Trustee a written declaration �f default and demand �or sale and a written notice af de�aul�
<br /> and e[e�tian ta cause Trusfior's int�rest in the Prvperty to be sald, which natice Trustee sha(I cause t� be
<br /> duly�i�ed for recvrd in the appropriate offices Qf the Coun�y in which th� Property is lacate�; and
<br /> 4d} .1Nith respect to al1 �r any part of th� Personal Property, Lender$ha�l ha�e all th� rights and remedi�s �
<br /> of a secur�d party und�r�he Nebraska �ni�orm Cammer�ial C�d�.
<br /> Fvre�losure by Pvwer o�Sale. I�Lender el�cts ta fareclase by ex�rc�se of�he Pvwer of Sale herein contained,
<br /> Lender shall notify Trust�� and shall depasit with Trustee this Deed �f Trust and the No�e and such receip�s
<br /> and �videnc�af expenditures made and secured by this Deed ot Trus�as Trustee may require,
<br /> �a} Upvn rec�ipt of such notice fram Lender, Trustee shall cause to be reco�ded, published and deli�ered
<br /> to Trustor such Notice vf Defaul� and Noti�e of Sale as then required by law and by�his Deed of Trust.
<br /> Trustee shall, withnut demand on Trustor, after such time as may �hen be required by law and a�ter
<br /> recordation ��such N��ice �f ❑efault and affer Notic� of Sale having been given as required by I�aw, se�l
<br /> the Praperty at the time and place �f sale fixed by it in such Noti�e v� 5ale, either as a wh��e, or in
<br /> separate 1o�s vr parcels or it�ms as Trustee shal!deem exp�dien�, and in such arder as i� may determine,
<br /> at public auction �o th� highest bidder fvr cash in lawful money❑f the United States paya�l� at#he time
<br /> o� sale. Trustee shall deli�er �a such purchaser or pur�hasers �hereo�F its gvQd and sufficient deed or
<br /> deeds conveying the prvperty so sa1d, but wi�hou� any co�enan� �r wa��anty, exp�ess or impiied. T1ne
<br /> r�citals in such deed o�f any matters or fa��s shall be conclusi�e proafi of th� truth�Fulness ther�o�. Any
<br /> person, �nGfuding withaut limi�tativn Trus�or, Trustee, or Lender, may purchase at such sale.
<br /> {b} As may be permi�tted by law, aft�r deducting al� cvsts, f�es and exp�nses o� Trustee and af this
<br /> Trust, inGludin� costs of e�idence of title in connec�ion with sale.Trus�ee shall apply the proceeds of sale
<br /> to paymen�vf {i} a!1 sums expended under the terms o�f�his Deed�fi Trust or und�r the terms of�he Nvte
<br /> nat �h�n repaid, including but nofi limified to accru�d interes� and late charges, �ii� alE other sums �hen
<br /> secured hereby, and �iii� the remaind�r, if any,�a the persan or persons I�gally enti�le��h�reto.
<br /> �c� Trust�e may in fhe manner provided by iaw pastpone sale of al�or any partian�fi the Proper�y.
<br /> Remedies IVot Exclusi�e. Trustee and L�nder, and each a# th�m. shall b� entitled ta enforc� payment and
<br /> performancs of any indebtedness or obligativns se�ured by this D�ed ofi Trust and ta exer�ise all rights and powers
<br /> under this Deed �f Trust, under the No�e, under any Qf the Related Documents, or under any other agreemen� or
<br /> any laws now or hereaft�r �n force; notwithstanding, some �r alE ofi such indebt�dness and obligations secured by
<br /> this Deed of Trust may now vr her�aft�r be athe�wis� s�cured, wheth�r by martgage. de�d of trust, pledge, lien.
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