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a � ��14��597 DEED �F TRUST Laan Nv: ��273'149 �Continu�d} Page 7 assignment for �h� hene�it of �redi�ors, any �ype of creditor workout, or the commencemen� ❑f any prace�ding under any bankruptcy or insol�ency laws by or against Barrow�r ar Trus�vr. Creditor or Forferture Pra�eedings. �ommencement ot fore�losure or farfei�ure prviceedings, whether- �y judicial � pra�eeding, self-he�p, repossession ar any othe�- mefihod, by any credi�or a� Borrawer vr Trustar ❑r by any ga�ernmen�al agency agains� any praperty securing the Indebtedness. This includes a garnishment of any of Borrower's or Trustor's accoun�s, inc�ud�ng depasi� accounts, with Lender. Hawe�er, this E�ent ❑� �3efaul�t shall nofi apply if there is a good fai�h dispute by Borrower or Trustar as t� the �alidity or reasonai�leness ❑f�he �laim which is the basis o�f the creditor❑r farfei�ure proceeding and if Barrvwer or Trus�ar gi�es Lender written notice ofi the creditor�r far�eiture proceeding and depvsits with Lender monies vr a surety bond�or fihe creditor or forfei�ure proceeding, in an amount determined by Lender, in its sofe dis�retion, as being an adequate reser�e or bond for the dispu�e. 6reach of�ther Agreement. Any breach by Bo�r�ower ar Trustor under�he fi�rms ❑fi any o�her agreement between Borrower �r Trustar and Lender �ha� is not remedied within any grace periad pro�ided therein, including without limi�a�ivn any ag�eemen� concerning any indebtedness or vther abligativn o� Borrower or Trustar �to Lender, whe�her existing now❑r later. E�en�s A�ffe�ting Guaran�vr. Any ❑fi the preceding e�ents accurs wi�h respect to any guaran�ar, endorser, sur��y, ❑�- ac�vmmadat�on par�y o� any a�the indeb�edness ❑r any guarantar, endarser, surety, or accammodafiion party dies or becomes Encampetent, ar re�akes or disputes the �a�id�ty o�, or liabili�y under, any Guaranfiy af the Indebtedness. Ad�erse Change. A materia! ad�erse change occurs in Borrower's or Trus�or's finanGial candition, or Lender belie�es the p�-ospeGt❑f paymen�❑r pe��ormance�fi�he [ndebtedn�ss is impaired. [nse�uri�y. Lender in gavd�aith be�ie�es itse��insecure. Exis�ing tndehtedness. The payment of any insta��ment o�F principal �r any in�erest on the Exis�ing lndebtedness is na�made within the time required 1ay the promissory nate e�idencing su�h indeb�edness, or a de�ault occurs under fhe instrument securing such indelatedness and is no� cured during any applica�fe grace periad in such instrumen�t, �r any sui�❑r other ac�tion is commenced�❑�oreclose any exist�ng lien an�the Prape�ty. Righ��o Cure. 1�F any defau�t, o�ther than a default in payment is curab[e and s�Trustor has no� heen gi�en a noti�e o�a t�reach❑��he same prv�ision af this I�eed of T�rust wi�hin the preceding�wel�e �12} mon�hs, it may be cured i� Trustor, aft�r Lender sends written notice to Borrvwer d�manding cure vf su�h defaul�: �� cures �he de�au[t w�thin fiifteen {'�5� days; ❑r {2� i#�he Gure requir�s more�han�fifteen {'�5} days, immed'€ately inEtia�es s�eps which Lender deems in Lender's s��e di$cre�ian �❑ be su�ficient to cure �he defaul� and thereafter continues and completes all r�asvnab�e and necessary s�eps sufficient fia produce compliance as soon as reas�nabfy practicaf. RIGHTS AND REMED�ES ON DEFAULT. I� an E�ent of❑efault occurs under this Deed ❑�Trust, at any�ime thereafter, Trustee❑r Lender may exercise any one or more ofi the foll�wing righ�ts and remedies: � Acce�era�ian Upon D��auit; Addi�ional Remedies. if any E�enfi vf Detault❑ccurs as per the terms af�he Note secured hereloy, Lender may declare all Indebtedness se�ured by�his Deed at Trust�o be due and payable and �he same shall thereupon hecome due and paya�le withou�any presentmen�, demand, protest or natice o�any kind. Thereafter, Lende�may: �a� Either €n person or by agen�, with �r w�thvut bringing any ac�ivn ❑�- praceeding, or 1ay a re�ei�er appv�n�ed hy a cvu�t and wi�khout regard �o the adequa�y vf its security, enter upon and�ake possession vf fihe Praper�y, or-any part�hereo�, in its ❑wn name or in the name vf Trus�ee, and do any acts whi�h i� deems necessary ar destrable�o preser�e the�alue, marketabili�y ❑r rentahili�y of�he Property, ❑r par�� the P�oper#y ❑r interes� in�he Prvperty; increase �he incvme �ram the Properky or profiect th� se�urity of the Property; and, w�th or without taking passessian of �he Prvperty, sue �vr or otherwise collect the rents, issues and prvfits o�the Property, �ncluding fihvse past due and unpaid, and apply the same, less costs and expenses o�operation and co��ection at�orneys' fees,.fiv any indebtedness secured by�his �eed ❑f Trust, all in such order as Lender may d�termine. The en�kering upon and fiaking passessian o� fihe Property, the callec�ion ❑f such rents, issues and profi�s, and the applica�ion �kherevf shall nat cure or wai�e any d�faulfi❑r nvti�e o�default under�his Deed vfi Trus��- in�aiidate any act done in response to su�h defaul�❑r�ursuan�to such notice of defauit; and, notwi�hs�anding the continuance in possession of the Praperty or the collection, receipt�and applica�ion a� rents, issues or prvfi�s, Trustee ❑r Lender shall be entit�ed ta exercise e�ery right pro�ided fvr in�h� Note or the Re[ated ❑ocuments ❑r by law upon the � �ccurrence of any e�en�❑fi default, including the right tv exercise the �awer of sale; {�} Cvmmence an action to�vrec�ose�his Deed of Trust as a marfigage, appoin�a reeei�er or sp�ci�ica[Ey en�orce any o�ths co�enants hereof; and {c} Deli�er to Trustee a writt�n deciaratian❑�de€au[t and demand fvr sale and a written nv�ice af default and efection�o cause Trust�r's interest in�he Property tv be sald, which notice Trustee shall cause ta be duly�iled for recvrd in the appropria�e aff�ces❑fi�he Cvunty in which the Prvpe�ty is la�ated; and �d} With respect t� a�� vr any part of�he P�rsvnal Praperty, Lender shall ha�e alE fihe rights and remedies ❑f a secured party under the Nebraska Uni�orm Cammerc�a� Cade.