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� r �V14��S9S vEE� oF T�uST . L�an No: 'I�'1273'149 ��ontNnue } Page 7 . which is the basis of�he creditar or forfeiture proceeding and if Borrower or Trusto�-gi�es Lender wri��en natice vf �khe cred�tvr❑r fvr�eiture proceeding and depvsits wi�th Lender monies v�-a surety band for fihe �reditor or��rfei�ure proceeding, in an amaunfi determined by Lender, in i�s so�e discre�ion, as being an adequate reserve ❑�bond for�he dispute. Brea�h of D�her A�reemen�. Any hreach by Borrower or Trustar under the tsrms v�any other agreem�nt between � gorrower ar Trustor and Lender fihat is not remedi�d within any grace period pra�ided the�-ein, including wi�hout lim��ativn any a�reement cancerning any indebtedness �r other ❑bliga�ion o�F B�rrav+rer ar Trus�or to Lender, whether existing now ❑r later. ' E�enfs Af�ecting Guaran�vr. Any o�f the preceding e�ents occurs with respect to any guarant�r, endorser, surefiy, or accammoda�t€an par�y vf any of fihe fndeb�edness ❑r any guarantor, endarser, surety, ❑r accommadativn party dies ar b�comes incompetent, ❑r reWokes or disputes �he �ajidity ❑f, ar liability under, any Guaranty vf �he Indebfiedness. Ad�rerse Change. A material ad��rse change o��urs in Borrower's vr Trus�or's finan�ial condition, ❑r Lender i�elie�es the prospecfi a�paymenfi or perfvrmance af�he lnd�bfiedness is impaired, insecurity. Lender in gaad�aith belie�es itsel�insecure. � Exis�ing Indebtedness. The paymen�ofi any instal�ment of principa� ❑r any inte�-esfi on fihe Existing lndeb�edness is not made wi�hin�the�ime r�quired by�he pramissory note e�idencing such indeb�edness, ❑r a defaul�occurs under �khe insfirument securing such inde�tedness and is not cured dur�ng any applicable grace,period in such instrument, _ or any sui�❑r❑�her activn is cammenced�to foreclase any exis�ing lien vn�he Property. Right tv Cure, Ef any default, vther than a de�au[��n payment is �ural�le and if Trus�or has not heen gi�en a na�ice of a brea�h of the same pra��sion of�his Deed ❑f Trust wi�hin the preceding twel�e {�� mvn�hs, i�may be cured if Trus�or, after Lender sends written no�ice�ta Borrower demanding �ure of such defaul�: �� cures �he default wi�hin�ifteen �15� days; or ��} if�he cure requires more than fifkeen ��5� days, immedia�ely initia�es steps which Lender deems in Lender's sole discretion to be sufficient �to �ure the defaul� and thereafter can�inues and comple�es.all reasonable and necessary s�eps su�ficient�to p�-aduce compliance as soon as reasonably prac�icai. RIGHTS AND REMEI]lES �N DEFAULT. I� an E�enfi o� Defaul� ❑ccurs under this D�ed o�Trus�t, at any time thereafter, Trus�ee❑r Lender may exercise any one or mare v��he fo�lowing rights and remedies: Accelera�ian l]pon Defau[t;Addi�iona! Remedies. lfi any Event o� De�ault accurs as per the�erms ❑f the Note secured hereby, Lender may declare all lndebtedness secured by�his ❑eed of Trust ta be due and payable and �he same shal�fihereupvn laecame due and payable wi�haufi any presen�m�n�, demand, pro�est or natice a�f any kind. Thereafter, Lender may: �a} E;�her in p�rson vr by agen�, wi�h or withou� bringing any a�tion ❑r praceeding, ❑r by a �recei�er appainted by a court and without regard ta �he adequacy ofi its security, en�er upon and take possess�vn of the Proper�y, or any part thereof, in its ❑wn name v�-in�he name ❑f Trus�ee, and do any ac�s which i� � deems necessary ar desirable�❑ preser�e the �alue, marketahii�ty �r rentab��ty a��he Proper�y, ar part af the Praper�y ❑r infieres� in the Proper�y; increase the income frvm the Property vr pro�ec�the security vf �he Proper�y; and, with ❑r wi�hou� �kaking passession of �he Prvper�y, sue for or otherwise colle�t �he rents, issues and profi�s af th� P�-operty, including thase past due and unpaid, and appEy the same, less cos�s and expenses of operatian and collec�ion attorneys' fees,to any indebtedness secured by this Deed ❑f Trust, all in su�h order as L�nder may defiermine. The enter-Eng upon and fiaking possession o� the Praperty, fihe collectian ❑f such rents, issues and pro�its, and the app�ication �hereof shall no� cure or waive any default v� n�tiGe of default under�his Deed of Trus�❑r in�alida�e any ac� done in resp�nse to such defaul�❑r pursuan�tv such notice af default; and, natwi�hstanding�he cvntinuance in possession o� the Prvperty ❑r�he �ollectinn, receipt and app[i�ation ❑�f renfis, issues ❑r pro�fits, Trustee ❑r Lender shalf be en�itled �o exercise every righ� pra�ided for in the Nv�e or the Re�ated Documents or by �aw up�n the �ccurrence v�any even�❑f default, including fihe righ�t❑ exercise the p�wer❑f sale; . �b} Commence an action�a fareclose this Deed of Trus�as a marfigage, appoint a recei�er or spe�i�€cally ' en�arce any af the coWenants hereof; and ; �c} ❑eli�er to Trustee a writken declaratian af defau�t and demand for sale and a wri�ten notice��de�aul� and elecfiivn ta cause Trus�or's interest in�he Property t❑ 1ae so�d, which no�ice Trus�ee sha�� cause�to be duly filed far recard in the appropriate❑ffices of the Cvunty in which the Prvperty is focated; and {d� V11i�h respec��o all o� any part vf fihe Persanal Praper�y, Lender shal! ha�e al1 the rights and remedi�s� af a secured party unde�r the Nelaraska Uni�vrm Cammercial Cade. � Fvreclosure by Power of Sale. 1�Lender elects to foreclase by exercise ❑��he Power o�5ale herein cantained, 'Lender shall nvti�y Trusfiee and shall deposit wi�h Trustee this Deed o-�Trus� and �he No�� and such �-eceipts and e�idence��expenditures made and secured by fihis Deed❑f Trust as Trus�ee may require. � {a} lJpon re�eipt af su�h natice from Lender, Trus�ee shall cause�o be recarded, published and deli�ered , t❑ Trustor such Noti�e of ❑e�ault and No�ice of Sa�e as �hen required by 1aw and by th�s I�eed o�Trust. � Trustee shall, withou� d�mand on Trus�vr, afte�- such �ime as may then be required by !aw and a�-ker � re�arda�ivn of su�h No�i�e ❑f Default and after Notice a� 5ale ha�ing been gi�en as required by law, sell