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��14�4193
<br /> DE�� �F �f�LJST
<br /> �van Nv: 8�2�59����
<br /> ��or�t��ued� Page 5
<br /> fihe Pr�per�y or the �v[��ction, reGeipt and app�ica�ion vf rentsr issues or pr-ofi�s, Trus�ee or Lende� sha�l
<br /> be enti�Ied �o exercise e�ery right pravided fvr in the �redit Agreement ❑r the Rela�ed Docurnen�s or by
<br /> law upon the occurrence of any s�ent vf default, including the right ta exercise�he po�nrer of sa�e;
<br /> {b} �ommence an actian t� �orec[ose�his Deed vf Trust as a mortgage. appoint a rec���er or specifica[�y
<br /> enfarce any of the caWenants he�eof; and
<br /> �c} Deli�er to Trustee a wri��en dec�aration of defaul�and d�mand�or sale and a wrifiten no�tice-of defau[t
<br /> and eCectinn tv cause Trustor's interest�n�he Praperty to be sold, which no�tice Trustee shall cause to b�
<br /> duly tiled for record in the apprvpria�e o�-Fices o�the County in which the Prope�ty is [acated;and
<br /> �d} �111ith respect to all or any part vf the Persanal Prvper�y, Lender shall have all �he rights and re.medies
<br /> ��a secured party under the Nebraska Uniform�omm�rcia[ Code.
<br /> Fvre�losure by Power vf Sa�er l�Lender elects�o fareelose by ex�rcise a�r the Power of Sa[e herein contained,
<br /> Lende�-sha�� n�rt��y Trus�ee and sha�l deposit with Trus�ee �his De�d of Trust and the Credit Agr�ement and
<br /> suGh receipts and e�idence of expendEtures made and se�ured by this Deed o�Trust as Trustee may requ�re.
<br /> �a} Upon rec�ipt of such natice€ram Lender,Trus�ee sha[f cause�v be ree�rded, puh�ished and delivered
<br /> ta Trustor such hloti�e of Defau[t and hlatice of Sale as �hen required by Iaw and by�his Deed af Trust.
<br /> T�rustee shail, withau� demand on Trustorr afi�er such time as may then be required by iaw and after
<br /> r�cordatipn of such Natice o� Defauft and after Notice o� Sa1e ha�ing been gi�en as required �y law, sell
<br /> the Property at �he tim� and place of sale �ixed by i� in such No�ice ❑fi Sa�e, either as a whofe, or in
<br /> separate �vts or par�e[s or i�ems as Trus�tee sha�l deem expedient, and in su�h order as it may determine,
<br /> at pu,blic auction to the highest bidder fvr cash in �awfu:l maney��the Uni�ed States payabie at the time
<br /> a� sale. Trus�ee shall deliver to su�h purchas�r vr purchasers thereof i�s good and suffi�ient deed or
<br /> deeds con�eying the property so sold, but w�thout any co�enant or warranty, e�epress ��- impiied. The
<br /> recitals in such deed o�r any matters or �facts shal� be conelusi�e pr��-� of�he truthfu�ness the�-eof. Any
<br /> person, fnc�uding virith�ut I�mitation Trustor,Trustee, or Lende�. r�ay purchase at such sa�e,
<br /> {�} As may be permitted by law, after deducting all eosts, �e�s and expenses of Trus�ee and �� this
<br /> Trust, including cos�s a�e�idence�f ti-�[e in connection with sale,Trus�ee sha�l apply�he prflceeds��sa�e
<br /> ta paymen� o� {i� af[ sums expended under the terms of�his Deed of Trust ❑r under �he terms o� �he
<br /> Credi� Agr�emen� not then repaid, includ�ng hut not [imited to accrued interest and la�e charges, {ii} all
<br /> vther sums then secured h�reby, and �iii} the rema�nder, i�any, �to �he person v�- persons legally enti��ed
<br /> there�o.
<br /> �c} Truste�may in the manner pro�ided by law postpon�saCe o�al[or any porkion a�the Property.
<br /> Remedies Not ExcIus�ve. Trustee and Lend�r, and each of them, shall be entrt�ed to enforce paymerit and
<br /> performance vf any indeE�tedness ar abligations secured by this Deed o�Trust and�o e�cercise a���righ�s and powers
<br /> under �his Deed of Trust, und�r the Credit Agre�ment, �nder any af the Rel�-�ed Documen�s, or under any othe�
<br /> agreem�nt ar any Iaws now or f�ereafter in -�arce; notwi�hstanding, some or all of suCh ind�b�edness and
<br /> ob[igat�ons secured by this Deed of Trust may na�nr or hereafter be otherwise s�cured, whe�her by mor-�gage, deed
<br /> of trust, pledge, lien, assignmen�o�otherwise. Neithe�the acceptance vf this ❑eed o�Trust na� its enfarcement,
<br /> whefiher by �ourt actian or pursuant to the p�wer of sale or n�her povvers con�ained in �his Deed of Trust, sha[�
<br /> pr�sudice a� in any manner a�FFect Trus�ee's �r Lend�r°s right to realize upon or enforc� any o�her security naw vr
<br /> hereaf�er heid by Trustee or Lend�r, i�t f�eing agreed�hat Trustee and Lender, and each of them,sha�� be entitled�o
<br /> enforc� this Deed of Trust and any other securi� now o�- hereafter held by Lender or Trustee in such order and
<br /> mann�r as they� o� e�ther o� them ma� in �heir absoi�te discretion determ�ne. N� remeciy con�errec� upvn or
<br /> res�n�ed to Trustee �r Lender, is intended to he exelusiWe o� any oth�� remedy in th�s Deed o� Trust or b� law
<br /> pro�ided or perrr�itted, bu� each sha[[ be cumu[a�ti�e and sha�l be in add��ian to e��ry other rem�dy giWen in �his
<br /> Deed of Trust or now or hereafter existing at �avv or �n e�ui�y vr �y statute, E�ery poirver or remedy gi�en by the
<br /> C�-�dit Agreemen� or any o� the Related Doeuments to Trustee or Lender or to v�rhich ei�her o� them may be
<br /> otherwise entitfed, may be �xercised, concu�ren�[y or independentlyr �rom �ime �o time and as often as may be
<br /> deemed e�€pedE�nt hy Trustee vr Lender, and e�ther a�them may pursue inconsistent remedies. Nothing in this
<br /> Deed af Trust sha�I be cons�ru�d as prohibiting Lender firom seeking a de�iciency judgment aga�ns��he Trustor ta
<br /> �he ex�ent such.action is permitted by faw.
<br /> Elec�ion o� Remedies. All o� Lender's righ�s and �-�med�es v►ri[[ be cumu[ati�e and may h� exercised alvne or
<br /> �ogeth�r. �f Lender decEdes �v sp�nd mone� o€-to perfarm any a€Trust�r's ob[igations under this L�eed vf Trust,
<br /> after T�ust�r's fai[ure �to do sv, that dec�sion by Lender wi[� not affect Lender's ri�h�ta deciare Trust��r in defauit
<br /> and�to exercise �.ender�s rer��dies.
<br /> Request fv�iV��ice. �rustor, on behaf�of Trus�or and L�nder, hereby requests tha�a�opy o�F any No�i�e of Default
<br /> and a c�py af any Not�ce of 5a�e unde��his �eed o-�Trus� be r-r-fai[ed�o them at the address�s set�or-tf� in tlne first
<br /> paragraph��th�s Deed o�Trust,
<br /> �I�arneys` Fees; Expenses. if Lender institutes any suit �r action to en�orce any of the �erms of �his Deed of
<br /> Trustr Lender sha11 be�ntit[ed to reco�er such sum as the cour-t may adjudg� reasanab�e as a��orneys' fees af trial
<br /> and upon any appeal. V1lhether or nat any cour� acti�n is in�ol��.d� and �o the exten� na� prohihi�ed by �aw, al]
<br /> reasonable expenses Lend�r Encurs �hat in Lender's ap�nion a�e necessary at any �ime for the protec�ion at i�s
<br /> in�erest or the enfo�cement of i�s rights sha[� bec�me a part of the lndebtedness payable on demand and shall E�ear
<br /> inter�st at the Cred�t Agr�ement rate ��rom the date c�f �he expenditure unt�f re�aid. Expenses co�ered by this
<br /> paragraph �nclude, without limita�ion, however su�ject to any lirrrits und�r app�icable lainr, Lender's attorneysr �ees
<br /> and Lender�s iegal expens�s, wh��her or not ther� �s a �awsuit, including attorneys' fees and expenses for
<br /> E�ankruptcy pro�eedings ('in�[ud�ng effar�s to rr�odi-�y o�vaca�e any aut�matic stay or in�unction}, appea�s, and any
<br /> anticipa�ed p�st-judgment c�llect�on services, �he c�st �f search�ng CeC�1'C�Sr olotaining �i�le reports {�ncluding
<br /> fareclosure r�por�s�, sur�eyors° repor�s, and app�a�sa[ fees, title insu�-ance, and fees �or the �rus�ee, to -�h� e�ent
<br /> �ermit�ed by applicable law. T�us�tvr also w��l pay any cvurt�os�s� �n addition�o a[E other sums pro�ided by lavtir.
<br /> Rights of Trustee. Trus�ee shall have all of t�e rights and duties�o€Lender as se�t�orth in this section.
<br /> P�1�VE�5 �41VD �BL�GATIaNS �F TRUSTEE. The following pro�isions �elating to the pov+rers and abligations o�Trus�ee
<br /> are par�ofi this Deed of Trus�:
<br /> Powers vf Trustee. fn addi�ion�� al[ po�►ve�-s of Trustee arising as a matter of�avrr,Trus�ee sha[[ ha�e the povirer to
<br /> tak��he�oIlowing act�ons with respect to the P�-oper�ty upon the writken re�uest of Lender and Trustor; �a} �oin in
<br /> preparing and filing a map or pla� o� the Rea1 Pr�per�y, including the dedicatiori of s�kree�s or other r'rgh�s t� the
<br /> pub[�c; {b} �oin in granting any easement or creafing any restriction on the R�a1 Prvperty� and {c} join in any
<br /> sub�rdin��ion or o�her agreement affecting this ❑�ed of Trust or the interes�o�Lerader unde��h�s �eed c��Trus�.
<br /> Trus�ee, Trus�ee sha[[ mee� aE! qualifiGati�ns required #or �frustee under a�p[icab�e la�r►r. In add�tion tv the righ�s
<br /> and rerned�es s�� fr�rth abv��, wi�h respec��o aii or any g�ar� o� ��e �roper�, the Trus�e� shal� �ave the ��gh��o
<br /> foreclose by n�tice and sale, ancf Lende� will �a�e �he �-igh-� �o ��rec[ose �y jud"rcia� fvrecfosure, �� e�ther case �n
<br /> a�co�-dance w�th and�b�he fu���x�ent pro�ided by applicab[e law4
<br /> Su�cessvr Trusfee. Lende�-, a�Lender's opti�n, may�rom time to time ap�aoint a successor Trust�e to any Trus�ee
<br /> appointed under this Deed af Trus� by an instrument executed and a�i�now[edged by Len�ier and �-ecorded in �h�
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