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��14�43�1
<br /> []EE� �F TRU�T
<br /> Laan No: 'l�1�775�5 ���nti�7ued� Pag� 7
<br /> fi��een ��l 5� days; o� t�� if the curs re�uires more than fifit�en {15� days, immedia�ely initiates st�ps which Lender
<br /> d�ems in L�nd�r's snle discre�ion ta k�e suffici�nt to cure �he d�fiault and thereaffier continues and completes all
<br /> reasonable and necessary steps suffici�nt t❑ produc� compliance as soon as reasonab�y practical.
<br /> REGHTS AND REMEDEES �N DEFAULT. �f an E�ent of Defaul�occurs under this aeed af Trust, at any t�me thereaf�er,
<br /> Trus�ee or Lender may�xerCise any one or more a�the following rights and remedi�s:
<br /> Ac�eleration Upon Default; Add�tional Remedies. lf any E�enfi a�f ❑efault occurs as per the terms a�the Note
<br /> s�cured hereby, Lender may declar� all Indeb�edness secured by this aeed o�Trust to be due and payable and
<br /> the same shall thereupan became due and payable wi�hout any presentment, demand, pr�t�st or notice of any
<br /> kind. Therea��er, Lender may:
<br /> �a� Either �n person or b� agent, with ❑r with�ut hringing any ac�ivn or pro�eeding, ar by a r�ceiver
<br /> appointed by a court and withaut regard to the adequacy�f its secur�ty, ent�r upan and take passession
<br /> of the Property, ar any part th�reof, in i�ts own name �r�in the name af Trust�e, and do any acts v�rhich it
<br /> de�ms necessary or desirable to preser�e the �a�uef marlcetability or r�ntability of the Property, ar par��f
<br /> the Property ❑r inter�st in �he Property; in�rease th� incame from th� Property vr pro�ec��he s�curity of
<br /> th� Proper�y; andf with or withau� taking possessian of th� Property, sue for vr o�herv�rise cvl[�Gt �he
<br /> rents, issues and prv�its o�F the Praperty, inc[uding those past due and unpaid, and app�y the same, less
<br /> �osts and expenses of operation and cvllectiQn afi�orneys' f�es,to any indebte�lness secured by this Deed
<br /> of Trust, all in su�h arder as Lender may determine. Th� en�ering upan and �aking passession o� �he
<br /> Proper�y, the co�lecfiion of su�h rents, issues and profits, and the applicati�n therevf shall nat cure or
<br /> wai�e any defaul�or notice of de�aul� under this Deed of Trust or in�alidat� any act done in respons� �o
<br /> such de�aul�or pursuant to such notice of defaul�; and, notwithstanding the continuan�e in p�ss�ss�on ❑�
<br /> the Praperty vr the co1lectian, receipt and applicatian of rents, issues or profits, Trus�ee vr Lender shall
<br /> be en�itled t� exercise e�ery ri�ht prvvided fvr in the Note �r_the Rela�ed Docum�nts or by law upon the
<br /> oc�urrence of any e�ent af defau(t, including the righ�to exercise the pow�r af sa[e;
<br /> {�} Commence an a��tion�o �Foreclase this aeed of Trus�as a martgage. appoin�a receiWer ar specifiical�y
<br /> enfvrce any a�th�co�enants hereof; and
<br /> �c� Deli�er to Trustee a writt�n dec�aratian of de�Fault and demand#�r sale and a wrEtten notice vf defiault
<br /> and election to �ause Trustvr's interest in the Pr�perty ta be so[d. which natice Trustee shal� cause�o be
<br /> duly filed for re�vrd in the appropriate o��ices of�th� County in which�he Pro�erty is lacafied; and
<br /> td3 With respect ta al� or any pa�t of�he Personal Prvperty, Lender shall have ail �the rights and remedies
<br /> o�a s�cured party under the N�braska Uni�orm Cammercial Cade.
<br /> Fvreclosu�e by Rower of S�1e. lf Lender e�ec�s�o fvreclose by exerc�se o�the Pawer of Sa�e her�in contained,
<br /> Lender shall notify Trustee and shall deposit with Trustee this Deed of Trust and �he Not� and such receipts
<br /> and e�id�nce���xpenditures made and secured by�his Deed vf Trust as Trustee may require.
<br /> �ay Upan receipt o�such nati�e�from Lender, Trustee shall caus�to be recorded, published and de�ivered
<br /> to Trustor such IVotice �f Default and Nvt�ce of Sale as then required by faw and by this Deed of Trust.
<br /> Trust�� shall, wi�hout demand on Trus�or, af�er such time as may fihen be required by faw and a�Fter
<br /> _ r�corda�tion �f such IVatice of Defaul�k and after Notice of Sale ha�ing �een gi�en as required by law, sefl _
<br /> the Prop�rty at �he time and pla�e �f sale fixed by i� in such Notice of Sale, either as a whole, or in
<br /> separa�� lots or parc�ls or ite.rx�s_.as Trustee shall deem expedient, and in such order as it may determine,
<br /> at publi� auc�ion �o the high�st�bidder for cash in law�ul money of the Uni�ed Stat�s-payable at=�he time - --
<br /> _ �� sale. Trustee shal� deliv�r=�o-�su�h purchas�r or purchasers thereaf its govd�and sufficient deed ar
<br /> deeds conve in the ro er� so sald. but withvut an covenant vr warrant , ex ress_or im Iied. The
<br /> v g P P �: ._ v v p _�
<br /> recitals in such deed of any ma��ers or facts shall bs conclusiWe proof of the truth�ulness th�r�vf, Any
<br /> . person, includ�ng without limitati�n Trus�orr Trus�ee, or Lender, may purchase at such sale.
<br /> �b} As may be permitt�d by law, after d�du�ting all c�sts, fees and expenses Qf Trustee and of �his
<br /> Trust, in�luding costs af e�idence of�itle in c�nnecti�n wi�h saEe, Trustee sha�l apply�he prac�eds o�sa��
<br /> ta payment of {iy all sums expended under th�terms of�his a�ed �f Trus�or under the terms a��he Nate
<br /> not then repaid, including but nat limited to accrued interes� and lat� charges, �ii} a�l oth�r sums �hen
<br /> secured h�reby, and {iii�the remainder, i�f any, ��the person�r persons le�al�y entitled thereta.
<br /> �c� Trus�ee may in�he manner pro�ided by law postpone sale of al!�r any portivn vf fihe Property.
<br /> Remedies Not Exc[usive. Trustee and L�nder, and ea�h of them, shall be entitled �� enforc� payment and
<br /> p�rformance�f any`rndebtedness ar obligativns secured by�his Deed o�Trust and ta exercise all ri�h�s and powers
<br /> under this ❑eed af Trus�, under the Note. under any of�he Rela�ed Dacuments, ar under any other agreement vr
<br /> any fa►rvs now ar her�a�t�r in ��rce; n�twithstanding, snme or all o�such indebtedness and obligations secured by
<br /> this ❑eed of Trust may now or hereafter �e o�herwise secur�d, whe�her by mortgage, deed of trus'�, pledge, �ien,
<br /> assignmen� or otherwise. Neither the a�Geptance o� �his Deed of Trust nor its enforcement, whether by cour�
<br /> ac�ion ar pursuan�t t� the power ❑f sale or ��her powers contained in this �eed ofi Trust, shalf prejudice or in any
<br /> manner a�fect Trustee's or Lender's right to rea�i�e upon or en�orce any ather securi�y now or hereafter held by
<br /> Trus�tee or Lender, it�eing agreed�hat T�us�ee and Lenderf and �ach o�them. shall be enti#led tv enfo�ce�his Deed
<br /> �t Trust and any vther security naw ❑r hereafter held by Lender or Truste� in such ❑rder and manner as they ❑r
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