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��14�3531
<br /> DEED �]� TIRUST
<br /> Loan Nv: 7�1�7�7�4 4��ntrnued� Page 6
<br /> Att�rney-in-Fa�t. I�F Trustor fails t� do any of�he th�ngs referred �o in the preceding paragraph, L�nder may do sa
<br /> for and in th� name ��Trustor and at Trus�or's expense. For such purposes, Trustor h�reby irrevvcably appaints
<br /> Lender as Trustor's attorney-in-fact far�h� purpose t�f making, exe�u�ing, delivering, �ilin�, recvrding, and doing al!
<br /> _- other �hings as may b� necessary ar desirabl�, in L�nder`s sole opinivn, to accomplish the mat�ers r��erred �o in
<br /> _ �he preceding paragraph.
<br /> FULL PERF�R111i�tNCE. If Trus�ar pays a[I th� Indebtedness, including withvut limitation a�l fufure ad�ances, when due,
<br /> and othervvise performs all the �b�igations impased upon Trustor under �his ❑eed of Trust, Lender shal� execute and
<br /> deli�er t� Trus�ee a request f�r �Full recanveyance and shall execute and de��ver to Trus��r suitable statements af
<br /> t�rminati�n of any financing statement on file evid�ncing Lender's s�curity interest in the R�nfis and �he Personal
<br /> Property. Any recanveyance fee r��uired hy law shall be paid by Trustor, if p�rmit�ed by applica�le law.
<br /> QEFAULT. At Lender's option, Trustar will be in default under this D�ed of Trust if any of the foflowing h�ppen:
<br /> Fraud ar Material IVlisrepresenta#ion. Trus�or commits fraud or material misrepresen�at�on in connectian wi�h the
<br /> �erms of�he N�te.
<br /> Paymenfi De#auit. Trustor fails ta me�t th� repayment terms of fhe No�e fQr any outstanding balance.
<br /> �th�r Defaults. Trustor's act or failure t� a�t adWersely affects Lender's s�curi�y in�erest in �he Property. or any
<br /> ri�ht of Lender`s in such securi�y.
<br /> Right to Cure. I�any default, ather than a de�ault in payment�s curable and i�Trustor has n�t be�n given a nafice
<br /> vf a breach of th�same pr�vision of this Deed o�F Trust within the preceding twe��e �12} months, it rnay be �ured if
<br /> Trustor, affier Lender sends wri�ten natice�o Trustvr demand�ng cure of such defau�t. {�} cures�he default within
<br /> ten �1�} days; or �2} if the cure requires more than ten �1�j days, immediately ini�iates steps which Lender deems
<br /> in Lend�r's sole discretion�a be suf�Ficient ta cure the d�fault and thereaf�er cvn�inues and completes ail reasonable
<br /> and necessary st�ps suf�Ficient t� produce comp�iance as so�n as reasvnably practical.
<br /> RIGHTS ANQ REIVIEI]lE5 aN DEFAULT. lf an Event ot Defau[t occurs under�his Deed o�Trust� at any��me thereafter,
<br /> Trust�e or Lender may exercise any one or rr�are of the fo[lowing righ��and remedies:
<br /> A��eleration Upon �efauj#; A�tdi�ional �em�dies. lf any E�ent of Detault ❑ccurs as p�r the terms of the Nvte
<br /> secured here�y, Lender may declare all lndehtedness secur�d �y this Deed o�Trust to b�due and payabl� and
<br /> the same sha[I�hereupvn bec�m�due and payable without any presen�men�� demand, protest or nvtic��f any
<br /> kind. Thereafter, Lender rpay:
<br /> {a} Either in p�rson or by agent, with ar with�ut bringing any a�tion or proceeding, or by a recei�er
<br /> appoint�d by a court and without regard to the adequacy❑�i�s securi�y, enter upan and tak� p�ssess�on
<br /> �f the Property, or any part th�reof� �n its �wn name or in the name of Trusfee. and do any acts v►rhich it
<br /> deems necessary or desirable ta preserve the value, marlcetabi[i�y or rentability a�the Prvper�y, or par�of
<br /> the Property or interss� in the Praperty; �n�rease the inc�me from �he Proper�y or protect the secu�-�ty of
<br /> the Property; and, with or withvut tal�ing possess�vn o� fihe Property, sue for vr o�herw�se callect th�
<br /> rents, issu�s and profi�s af �he Prop�rty, inc�uding those past due and unpaid. and appEy �he same, less
<br /> costs and expenses of�perativn and collection at�orneys' fe�s, to any indeb�edness secured �y this Deed
<br /> af Trust, all in such �rder as Lender may determine. The entering upnn and �al�ing possessi�n of the
<br /> Prop�rty, the coll�ction of such rents� Essues and prafits, and th� applica�rion therevf shall nat cure ar
<br /> wai�� any defaul�vr notice of default under this Deed of Trust vr invalidate any act done in respanse �to
<br /> _ _ su�h de�ault vr pursuant to such notice o�F de�ault; and, notwithstanding�he continuance in passession of -
<br /> � - - the Prop�rty or �he coll�ction, receip� and applica�i�n �� rents� issues ar profi�s, Trus�e� or-Lender shall
<br /> - be enti�led to ex��cise e�ery right prov�ded fvr in �he Nate or�he Relat�d aoGum�nts�r-by !aw upon the
<br /> vccurrence af any e�en�af defaul�. in�luding the right to exercise the power of sale;
<br /> �by �ommence an acti�n to fareclvse this De�d afi Trust as a mortgage, appaint a recei�er�r specifically
<br /> en��rce any❑f�he caWenants hereof; and
<br /> {�} Defiver to Trustee a writ��n de�laration v#defaul�and demand for sale and a written nvtice o�f default
<br /> and �lectian fio cause Trustor's �nte��st in�he Property ta b� sold, which notice Trustee shall cause ta be
<br /> dul�r filed for record in the appropria�e�ffices af�th��vunty in which the Properfiy�s �acated; and
<br /> �d} VIlith r�spect tv all ar any part vf�he Persona� Property, L�nder shall hav� a!I �he�ights and remedies
<br /> of a s�cured par�y under the Nebraska Uniform Commercia� Cade.
<br /> Forec�asur�by Power of Saie. If Lender elects�o forecEose by exercise af the Pawer of Safe herein contained,
<br /> Lender shali notify Trustee and shall deposit with Trus�ee this Deed o�Trust and the Note and such re�eipts
<br /> and e�idenc�of expenditu�es mad�and secured by this Deed v�Trust as Trustee may require.
<br /> tay Upan r�ceipt vf such no�ice from Lender,Trustee shall caus�fi� be recard�d, published and deli�ered
<br /> ta Trus�vr such Natice of Default and No�ice �f Sa1e as then required by law and �y this Deed of Trust.
<br /> Trustee shall, withaut d�mand on Trustar, a�ter such time as may then be required by faw and after
<br /> recvrda�ian of such IVn��ce af De�ault and after Notice af 5a1� ha�ing been gi��n as required by [awf sell
<br /> the Prop�rty a�k the time and place af sale fixed by i� in su�h iVotice of 5alc, either as a whole, vr in
<br /> separate lots or parc�ls or i�kems as Trustee sha[I d�ern expedient, and in su�h order as it may de�ermine,
<br /> at public auction to the highest bidder for cash in lawful money af�he �nited 5tates payable at the time
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