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��14�3�74
<br /> I]EED �F TF�LJ��"
<br /> Laan No: 1�'[�77[]3'l ��[�nt�nu�d} Pag� 7
<br /> appninted by a c�urt and wi�hou-t r�gard ta the adequacy ❑f i�s securi�y, enter upon an� �ake poss�ssian
<br /> of th� Property, or any part�hereof, in its own name or in the name af Trustee, and dfl any ac'�s which it
<br /> deems n�ces�ary or desirable�o preser�e the �alue, marlce�ability or rentability o��he Praperty, o� par�of
<br /> the Property or int�rest in the Proper�y; increase �h� income �rom the Property or pra�ec��he security �f
<br /> the Property; and, wi�h or withaut taking possess�on of �he Pr�perty, sue far ar otherwise colle�t the
<br /> rents, issues and profits of�he Property, including �hose pas� due and unpaid, and apply the same, less
<br /> c�sts and expenses Qf�p�ration and �allection a�torn�ys' fees,t� any'tndebtedness secured by this ❑eed
<br /> �f Trust, all in such order as Lender may determine. Th� entering upon and �aking possession of the
<br /> Property, the collection o� such r�n�s, issues and profits, and the appli�ation �herevf shall not cure or
<br /> waiWe any d��ault or n�tice of d�fault under this Deed af Trus�ar invalidate any act done in response tv
<br /> such defauEt ar pursuant ta such no�ice af de�ault; and. natwithstanding�he continuance in possession of
<br /> the Property ar the callectian, re�e�pt and applicatinn of rents, issues or prafits� Trustee or Lender shall
<br /> b� entit�ed to exercise e�ery right pro�id�d for in the No�e nr th� Refated Dflcuments or by law upon �he
<br /> occurrence of any event af de�ault, including�he right�to exer�iss th� pawer o-F sale,
<br /> �b} Commenc� an ac�ian�o �ore�l�se this �eed v�Trust as a mortgag�, app�in�a r�ceiver or speci�ica[ly
<br /> enforce any of the co�enan�s h�reof; and
<br /> tc� Deli�er to Trustee a wri�ten declarativn of default and demand ���-sale and a written noti�e o�F default
<br /> and electi�n to cause Trustor's infierest in the Property t� be sold, which no�i�e Trust�e shall caus�to be
<br /> duly filed for recvrd in�he apprapriate offices ofi�h� Caun�y in which the Praperfiy is located; and
<br /> �dy With respec��o all or any part of the Persanal Property, Lender shall haWe a11 the righ�s and r�medies
<br /> ofi a secured party under the Nebraska lJnifarm �ommercial Code.
<br /> Fareclasure by Pawer of Sale. If Lender ele�ts to #oreclase by ex�r�ise�f the Pawer of 5ale herein cvntained,
<br /> Lender shall notsfy Trust�e and shall depvsit wi�th Trus�ee this Qeed of Trust and �he NQte and such r�c�ipts
<br /> and e�idence o�e�pendi�ures made and secured by�his ❑eed vf Trust as Trus��e may require.
<br /> �a� Upon receipt of su�h nafice from Len�err Trus�e� shall cause tv be recorded, published and deli�ered
<br /> � to Trustflr such IVotice �� ❑efauft and Natice o� Sale as then required by law and by this fleed of Trust.
<br /> Trus�ee sha�l, without demand on Trustor, after such time as may then be requir�d by �aw and a�ter
<br /> recardation of such Notic� �f aefault and a�ter IVotice o�F Sale having been giWen as �equired by�aw, sell
<br /> the Proper�y at the tim� and p�ace af sale fixed by it in su�h Natice of SaEe, either as a whole, or �n
<br /> s�parate lots or parcels ❑r i�ems as Trustee shall de�m expedien�, and �n such order as it may determine.
<br /> at pu�lic auctian to the high�$t bidder fvr cash in lawful m�ney of the Uni�ed States payable at�he tim�
<br /> vf sale, Trust�e shall deli�er t� such purchaser or purchasers thereof its ga�d and suf�icient deed �r
<br /> deeds cvnWeying the praper�y so soEd, bu� without any ca�enan� or warranty, �xpress or impli�d. The �
<br /> recitals in such deed �f any matters or �acts shall be conclusi�e prQ�f flf �he truthtuln�ss �herea�. Any
<br /> person, in�luding wi�haut Eimitation Trustarf Trust�e� �r Lender, may purchase at such sa1e.
<br /> �b� As may be permitted by 1aw� affer deductin� all costs, fees and expenses �f Trust�e and af this
<br /> Trust, including costs o�ev�den�e o�F�i�ls in connectivn with sale. Trustee sha11 appiy the prviceeds af sale
<br /> to payment of �i} all sums expended und�r�he terms of this Deed of Trus�or under the�erms of�he No�e
<br /> not then repaid, inc[uding bu� n�t limit�d tv ac�rued interest and late charges, �ii} al! oth�r sums �hen
<br /> se�u��d hereby, and {�ii} fihe remainder, �f any, to the person or persons legally enti�led�hereta.
<br /> {c� Trustee may in the mann�r proWided by law postpone sale of al1 or any portion vf th� Property. � � �
<br /> .�
<br /> Remedies Na� Exclusive, Trustee and Lender, and each nf them, sha�l be entitled �� enfflrce payment and
<br /> pertormance o�any indeb�edness or abligations secured �y�his Deed a�Trus�and tv exercise all rights and powers
<br /> under �his Deed �f Trust, under �he Nv�e, under any �f the R�lated Documen�s, vr under any other agreemen� or
<br /> any laws novu or h�reaf�er in farce; no�withstanding, same or all of su�h indeb�edness and abliga�ians se�urad by
<br /> �his Deed of Trus� may n�w or herea�Fter he otherwise s��ured, whether by mortgag�� deed of trust, pledge, lien,
<br /> assignment ar atherwise. Neither the acceptance Q�F fihis Deed �f Trus� nor i�s enfQrcemen�k, whether by court
<br /> ac�i�n or pursuan�to �he paw�r �f sale vr vther pawers ��n�tained in this Deed o�Trust, shail preiudice or in any
<br /> manner af�ect Trust��'s ar Lender's r�ght to reali�e upon or enfvrc� any o�her securtty naw or h�rea�ter held by
<br /> Trus��e or L�nder, it being agreed that Trustee and Lender� and each o�them. shall he enfi�fed to entarce this Deed
<br /> af Trust and any other security now or hereafter heid by Lender or Trustee in such arder and manner as they ❑r
<br /> either of them may in their absolute d�scre�i�n determine. No remedy canferred upon or reser�ed t� Trustee ar
<br /> Lender, is in�tended to be exclusi�e of any ather r�medy in#his Deed �f Trust �r by law pravided or permitted, but
<br /> ea�h shall be cumulati�e and shall be in addition to eWery ��her remedy giv�n in �his Deed of Trust ❑r now or
<br /> hereaf�er�x�sting at law vr in equity or by statu�e. E�ery pawer ar remedy given by�he Note �r any of the Related
<br /> Documents to Trustee or Lend�r Qr t� which either o-F them may be o�herwise en�itled, may be ex�rcised,
<br /> concurren�ly or indep�ndently, �fram tim� to �time and as ❑�ten as may be deemed expedient by Trust�e ar Lender,
<br /> and either o� them may pursue inconsistent r�medies. Nothin� in this Deed of Trus� shall be construed as
<br /> prahibiting Lender from seeking a d�ficiency judgm�nt against�he Trustar ta the exten�such aG�ian is permitt�d hy
<br /> law. El�ction by Lender �o pursue any remedy shall nat exclude pursuit of any other rem�dy, and an efaction to
<br /> make exp�nditurss or ta fiake action �❑ per�arm an abligatian o�Trustor under thts Deed of Trust, after Trustor's
<br /> fiailure to perform. shall not aff�ct L�nder's right�o de�lare a default and exer�ise i�s remedies.
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