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��14�3��5
<br /> D°EE� �F TRUST
<br /> ���nt��tued} Pa�e �
<br /> permission,foreclosure by the holder of another lien, or the use vf funds or the dweiling�o�prohibited purposes.
<br /> R1GHT5 AND REMEDIES �N DEFAt1LT. [f an E�ent af❑�fauit occurs under this �3eed o�Trus�, at any tim�thereaftsr,
<br /> Trustee or Lender may exercise any one or mare of the�o��owin� righ�s and remedies;
<br /> Accelera#ion Upvn Defaul�; Addi�ional Reme�ies. If any E�ent of�]efault occurs as p�r the te�ms o�the�red�t
<br /> Agre�ment se�ured hereby, Lender may de�lare all �ndebtedn�ss secured by this Deed ofi Trust�o be due and
<br /> payable and the same shall �hereup�n become due and payab[e withaut any presentmen#, demand, protest or
<br /> natice of any kind. Thereafte�, Lender may:
<br /> �a} E�ther �n p�rson or by ag�nt, with or without bringing any a�tion or prac��ding, or by a recei�er
<br /> appoinfed by a court and with�u�regard to the adequacy of its security, enter upon and �ake possession
<br /> a�the Prope�ty, �r any part thereof, in i�s own name o�in the nam� of Trustee, and do any a�ts which it
<br /> deems r�e��ssary a�-desirable t� preserve the�alue, marke�ability�r rentabi��ty v��he Property,or part o�
<br /> the Proper�y or interes� in the Prope�ty; in�reas� the income from the Proper#y or protect�he security ofi
<br /> the Praperty; and, with or w'rthout taking possessian of th� Pr�ap�rty, sue for or o#he�vvise coi�ect th�
<br /> rents, issues and pt�ofits vf the Property, including th�se past due and unpaid, and app�y�he same, lsss
<br /> costs and �xpenses of ope�afion and colfectian attarn�ys'fees, to any indebtedness s��ured by this Deed
<br /> of Trust, all in such �rder as Lender may determine. The entering upan and taking possession o�the
<br /> Proper#y, the �ollection o�€ such rents, issues and prof fs, and the application thereof sha�l not cure or
<br /> wai�e any de�au��o�notice of defaul# under fhis Deed of Trus# ar inWalidafe any act done �n respvnse �o
<br /> such defau�t ar pursuant to su�h nofice of default; and, noivviths�anding the cont�nuance in possession o�
<br /> #he Prop�rty or�he callection, receip# and applicat�on af ren�s, issues or pr�f�ts, Trustee or Lender shall
<br /> be �nfitled tv exerGise e�ery right pro�ided �or in �he Cre�it Agreemen� or the Related Documents or by
<br /> -F law upon the occurr�nce o�any e��nt of defaul#, including the righ�ta exer�ise the power o�sa�e;
<br /> �b} �ommence an a�fion �o foreclos�t�is Deed of Trust as a mar�gage, appoint a recei�er or specifi�aily
<br /> enforce any of th�co�enants her�of; and
<br />� ��} Deli�er to Trustee a writ�en dec[aration o�de�aul#and demand �or sale and a writt�n notice of defaul�
<br /> � and election '�n cause Trustor's inter�st in the Prope�ty to be sold, whi�h no#ice Trustee snall cause�o be
<br /> du[y filed for record in�he apprapriate offices of#he�vunty in which th� Prope�ky�s la�ated; and
<br /> �d} VUi#h �espect ta afl or any par�o�#he P�rs�na[ Prope�ty, Lender shaCl ha�e ali the ri�hts and remedies
<br /> ��a secur�� par�y urtder�he Nebraska Un�form�ommerc�al Cod�.
<br /> Foreclnsure by Power of Sa�e. If Lende�-elects to foreclose by exercise��the Power ofi Sa�e herein contained,
<br /> Lender shaCl nvtify Trustee and shall deposit wi'th Trus�ee �his ❑eed af Trus# and the Credit Agreemen# and
<br /> such receipts and e�idence of expenditures made and secured by this ❑eed of Trust as Trus�ee may require.
<br /> �a} Upon receipt of such no��ce�f��m Le�der, Trus#ee shall cause�o be re�orded, pub[ished and de�i�ered
<br /> t� Trus�or such Na�i�e a�Default and Nfltic� o�Sale as�hen required by law and by this Deed of Trust.
<br /> Trus#�e sha�l, without demand on Trustor, after such time as may then be requ�red by !aw and after
<br /> recordation o�such N���ce o� Default and afker Noti�e of Saie ha�ing been gi�en as required by law, sell
<br /> #he Proper�y a# the t�me and place o� sa�e fxed by if in such Notice of Sa�e, either as a who�s, or in
<br /> separate lo�s or par�els or items as Trustee snall deem expedient, and in such order as it may determine,
<br /> at publi�auction to �he highest bidder for cash in law�ul money of the United States payable at the tirne
<br /> of sale. Trustee sha�l deli�er to such pu�chas�r flr purchasers thereo�f i�s good and suffi�ient d�ed or
<br /> deeds con�ey�ng th� property so sofd, bu# without any co�enan# or warranty, express or imp[ied. The
<br /> �eci�afs in such deed af any mat#ers or fac�s shall be conclusi�e proof�f�he truthfulness thereof. Any
<br /> person, �n�luding without limitation Trus�or,Trus�ee, or Lender, may purchase at such sa1e.
<br /> �b} As may be permitted by law, afte�' deduc�ing all costs, fess and expenses o� Trustse and of this
<br /> � Trust, includ�ng costs af e�idence❑f title in cannectian with safe,Trusfee shall apply the p�oceeds❑f saie
<br /> �o payment a� �i} a�l sums expended under #he �erms of this Deed o�Trus� or under the te�ms of the
<br /> Credit Agreement no�then repaid, including but no# limited ta accrued in#erest and late cha�-ges, �ii} a�l
<br /> a�her sums then secured hereby, and �i�i} the remainder, if any, t� the persan or persons legally en�i��ed
<br /> _ �here�a.
<br /> {c} Trustee may�n the mann�r pro�i��d by law pos�pone sa�e��a[I ar any portion ❑f�he Proper�y.
<br /> Remedies Nofi Exclus��e. Trust�e and Lender, and �ach of them, shaCl be entitled ta enfa�ce paymen� and
<br /> pe�fiormance af any indebtedness or ob[iga�ivns secured by this ❑eed�f Trus#and tv exer�ise all righ�s and powers
<br /> under this ❑eed af Trus#, unde� the Credit Agreem�nt, under any o��he Re�ated ❑ocumsnts, �r under any other
<br /> agreement or any laws now or her�after in force; notwithstanding, sflm� or ail �� such indeb�edness and
<br /> obliga�ions secured by this Deed of Trust may now or hereafter be atherw�se secur�d, whether by mor�gage, deed
<br /> of trusf, pledge, lien, assignrnent ar otherwise. Neither the accep�ance of this aeed of Trus� nor its en�arcemer�#,
<br /> whethe� by court ac��an or pursuan� �o the power v�sale or other powers contained in #his Deed o�Trust, shal�
<br /> prejud�ce or €n any manner affect Trustee's ar Lender's rign�to realize up�n or enfor�e any ather s�curity now or
<br /> . hereafter held by Trus�ee or Lender, �t being agreed �hat Trustee and Lender, and each of them, shail be enti�led fo
<br /> enforce this Deed of Trus� and any o�her security naw ar hereaf�e� he�d by Lender or Trustee in such order and
<br /> manner as they or �ither af them may in �heir absolute discre#ion d�termine. No �emedy conferred upon ar
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